Author

Topic: will a Euro crash benefit us (Read 1554 times)

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
September 02, 2013, 08:06:48 AM
#20
There is no "us"
yes, and crashes are generally not good for people.

It does not make me happy to benefit from the tragedy of others.

So no... not really a good thing.


its a bad/sad think but you cant stop it. it will happen. so prepare.
full member
Activity: 130
Merit: 100
September 02, 2013, 02:55:14 AM
#19
A systemic fiat currency collapse will benefit bitcoin massively. It's not a question of if, it's a question of when.
full member
Activity: 167
Merit: 100
September 02, 2013, 02:53:14 AM
#18
yes, and crashes are generally not good for people.


before a crash perhaps already now, the majority of people in the world, in the best case have almost empty fridge, empty bank account, don't own their home, don't own their car... and pay for water, lightning, schools, streets, hospitals, media, oil, multi, ads, everithing... so... what they will lose?

liberty?
full member
Activity: 152
Merit: 100
September 01, 2013, 05:06:25 PM
#17
I have the feeling that Euro collapsing will somewhat ruin their plan for Fourth Empire. For that reason we will be staggering in agony for a long time when it comes, instead.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
August 30, 2013, 01:32:54 PM
#16
There is no "us"
yes, and crashes are generally not good for people.

It does not make me happy to benefit from the tragedy of others.

So no... not really a good thing.
legendary
Activity: 1372
Merit: 1008
1davout
August 30, 2013, 12:05:11 PM
#15
There is no "us"
legendary
Activity: 1540
Merit: 1000
August 30, 2013, 12:00:50 PM
#14
Don't dream of it. If the Euro crashes, that would bring down the world economy, causing job losses everywhere in the world. BTC would go down.

Bitcoins itself would stay exactly the same, they have a hard cap on them and can't be inflated, everyones going to switch over to them the second they can. Have you checked out the alternate currencies that just drop off the charts because they've become worthless? That's what will happen to the Euro, it will just disappear everywhere and people will refuse to take it.
full member
Activity: 167
Merit: 100
August 30, 2013, 08:02:04 AM
#13
i hope yes.
here in Italy all prices are doubled, taxes are doubled, but salary are still the same.
f*ck euro, w BTC
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
August 29, 2013, 08:46:43 PM
#12
I am not so sure that global economic crash means Bitcoin goes down. I could see demand rising at first for BTC. Things like gold and silver will go down. Things like the news out of Cyprus definitely is a boom for BTC, though.

Gold and silver might go down in a deflationary depression, yes, but that doesn't look wholly likely given the position of the central banks (print, print, print...).
member
Activity: 80
Merit: 10
Gold Silver Bitcoin: It's your choice
August 29, 2013, 08:31:30 PM
#11
I am not so sure that global economic crash means Bitcoin goes down. I could see demand rising at first for BTC. Things like gold and silver will go down. Things like the news out of Cyprus definitely is a boom for BTC, though.
hero member
Activity: 642
Merit: 500
Evolution is the only way to survive
August 29, 2013, 07:36:43 PM
#10
Or maybe yes, not a big crash,of course, but a small one...so that Mercedes are going to be just a little bit less expensive for China market Smiley Smiley

No worries , we will follow EU‘s crashing steps sooner or later   Cool
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
August 29, 2013, 05:29:25 PM
#9
Don't dream of it. If the Euro crashes, that would bring down the world economy, causing job losses everywhere in the world. BTC would go down.
legendary
Activity: 4130
Merit: 1307
August 29, 2013, 02:47:39 PM
#8
...As for Bitcoin itself, a EURO collapse will probably make 1 bitcoin worth $1000 Tongue

I think it would be worth more than that, but I agree with you!
legendary
Activity: 944
Merit: 1026
August 29, 2013, 10:01:01 AM
#7
Quote
When written in Chinese, the word 'crisis' is composed of two characters. One represents danger and the other represents opportunity.
-John F. Kennedy

While not true literally, the point has validity.  Smiley

http://www.pinyin.info/chinese/crisis.html
sr. member
Activity: 298
Merit: 250
August 29, 2013, 09:47:51 AM
#6
Big Chancellor Merkel will not let this happen  Grin

Or maybe yes, not a big crash,of course, but a small one...so that Mercedes are going to be just a little bit less expensive for China market Smiley Smiley
legendary
Activity: 1540
Merit: 1000
August 29, 2013, 09:39:23 AM
#5
I think any country or organisation like the EU collapsing would probably end up being good for Bitcoin though I get where you're coming from, I do look at things from a less empathetic point of view now though. These systems are propped up by somebody, politicians can't act on their own and they're supported by a generation ( Old people, go figure ) who have colluded to put us all in debt in order to pay for everything they currently have and they'll do everything they can to keep it going at the detriment of us. I hope I'm wrong and everyone will be more than happy to tell their leaders to go fuck themselves and adopt Bitcoin on a massive scale, but I expect at least the western countries are going to end up like Spain with a stubborn government remaining to cater to the needs of the previous generation while the rest of us have just up and left because they're living in denial and want things to stay the way they were for them but in reality there will be just ghost towns everywhere with no one living in them because the governments refuse to change but won't give up 'their' land either.

I hope I'm wrong, I really do, I know not all old people are like that but you look at the last generation a.k.a baby boomers and you see just how selfish and arrogant they are and they love to go around lecturing us. As for Bitcoin itself, a EURO collapse will probably make 1 bitcoin worth $1000 Tongue
full member
Activity: 180
Merit: 100
After Economics: Learning is just the first step.
August 29, 2013, 09:32:36 AM
#4
I guess that's what I meant to ask:
Will it be BETTER if the Euro tanks and runs to BTC or if the EU THRIVES and slowly increases accepting BTC
full member
Activity: 180
Merit: 100
After Economics: Learning is just the first step.
August 29, 2013, 09:31:14 AM
#3
Big Chancellor Merkel will not let this happen  Grin

I do kind of like her though...do you??
hero member
Activity: 642
Merit: 500
Evolution is the only way to survive
August 29, 2013, 09:15:37 AM
#2
Big Chancellor Merkel will not let this happen  Grin
full member
Activity: 180
Merit: 100
After Economics: Learning is just the first step.
August 29, 2013, 09:02:17 AM
#1
I think the answer is yes but do we want it? What ya think:
http://allthingsbitcoin.org/2013/08/28/good-news-for-bitcoin/
Jump to: