Topic: What would you do if the US Dollar crashed ? - page 4. (Read 4233 times)
maybe euro is good but i have suggest to u for buy bitcoin
I would buy the new "Strong dollar" which is backed by corn.
I will just buy a load of USD with my EUR.
You would buy USD after a crash ? I read some articles online that the US Government would switch to a new, gold backed currency. Sounded like a crackpot conspiracy though.
I don't listen to news sites and people who are hoping that the USD will fail. It just won't happen.
If there is a significant price drop I will definitely buy up USD. Great investment opportunity.
LOL!
I will just buy a load of USD with my EUR.
You would buy USD after a crash ? I read some articles online that the US Government would switch to a new, gold backed currency. Sounded like a crackpot conspiracy though.
I don't listen to news sites and people who are hoping that the USD will fail. It just won't happen.
If there is a significant price drop I will definitely buy up USD. Great investment opportunity.
I will just buy a load of USD with my EUR.
You would buy USD after a crash ? I read some articles online that the US Government would switch to a new, gold backed currency. Sounded like a crackpot conspiracy though.
I don't think that they're going for a gold backed currency, Max Keiser's theory of a world 'digital' currency sounds a lot more plausible they'll probably blame paper for it and then claim that they need to digitise everything in order to keep to their targets better. Basic rule of keeping your wealth is this, don't invest in anything that is easily controlled by governments, especially if it's under control of the U.S.
Going for a gold backed currency would actually be a responsible move, but good luck getting any of the current leaders to do that.
I will just buy a load of USD with my EUR.
You would buy USD after a crash ? I read some articles online that the US Government would switch to a new, gold backed currency. Sounded like a crackpot conspiracy though.
No matter how many people think the USD will fail, it will not.
To answer your question, I will just buy a load of USD with my EUR.
To answer your question, I will just buy a load of USD with my EUR.
Trade in Bitcoin, Gold and Silver, my objective right now is to pretty much only get Bitcoin and then I'll buy up precious metals, silver being the cheapest right now.
I keep hearing from people more knowledgeable and educated then myself that the USD doesn't have much life left in it.
While I like to keep a sizable usd reserve to buy up cheap Bitcoin when the opportunity presents itself, I wonder what would happen if the dollar went down hard.
Since BTC/USD is a pair, obviously, that would mean that the relative value of Bitcoin would rise. But then there's the other fiat currencies that can trade to Bitcoin, directly or not.
I imagine there would be huge arbitrage opportunities for a while, and probably amazing panic buying, driving Bitcoin ten times higher then today ( probably a VERY modest guess.
What would be the wisest course of action ? Keeping reserves in Euro's to buy Bitcoin the moment the news of a dollar crash hits ?
While I like to keep a sizable usd reserve to buy up cheap Bitcoin when the opportunity presents itself, I wonder what would happen if the dollar went down hard.
Since BTC/USD is a pair, obviously, that would mean that the relative value of Bitcoin would rise. But then there's the other fiat currencies that can trade to Bitcoin, directly or not.
I imagine there would be huge arbitrage opportunities for a while, and probably amazing panic buying, driving Bitcoin ten times higher then today ( probably a VERY modest guess.
What would be the wisest course of action ? Keeping reserves in Euro's to buy Bitcoin the moment the news of a dollar crash hits ?
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