Quote from: pliv84 on August 12, 2015, 01:18:22 PM

This is exactly what we have all been waiting for! When fiat currency goes to sh*t, Bitcoin will go to the moon.

After China devalued it's currency twice in two days, I would have expected both more discussion in the forums, and also a huge move in the price of Bitcoin. Why not?!

China's move to devalue it's currency by 3.6% is not the last event. China will go further, and also other countries will have to respond with similar action to remain competitive in the world economy. A so called "currency war." This is very likely to be the beginning of worldwide inflation - AKA the demise of fiat. This is going to be A HUGE DEAL for Bitcoin. I really don't understand why the markets have not already responded.

You are wrong. I saw some posts about devaluation of Yuan in the Economic section, you just need to find the right topic. People of bitcointalk are concerned as well while general public are either oblivious to this move or does not care. So far there are literally any bitcoin price rise (on the contrary bitcoin price dropped a little) caused by this, and I wonder if that devaluation was that severe as people thought it was.