Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Erdogan
on 11/03/2015, 14:37:15 UTC
what a good time to be earning dollars, spending euros and holding bitcoins - which is exactly what I am doing  Cool

This year will be interesting for sure. I sense a big crash coming...but not in bitcoin Wink

Might be EUR/USD you talking about?
Have been watching the charts, but can't conclude as to why is this happening. Is it confirmed that Greece has left the Eurozone?

what's happening is that the dollar is a worthless piece of paper while the euro manages to be even more worthless. meanwhile bitcoin is gaining traction as a form of honest money. USD and EUR will both go down the drain eventually. I have been betting on EUR getting there first for years now.

It always had been. The only reason we need to use fiat is, without them, we cannot get BTC currently as what might valuate it?

Nah, that is just the most practical route for the time being. There is nothing that values bitcoin. You and other actors consider value pairs. If you think a bitcoin is worth more than your stool, you need to find someone who values your stool more than a bitcoin. That's all.

You can get bitcoins for just about anything, you just need a seller to accept your offer.