Post
Topic
Board Economics
Re: This is a total nightmare
by
conhela
on 09/08/2020, 19:40:41 UTC
This is a total nightmare

Gold is now 1941.25 usd today
Euro value is increasing against the USD ...
What this means is that soon i will have to increase my prices to 5-10%...
BTC is now above 10200 usd ( How in the hell is going to buy btc ? if no one will have money to buy )
Govs are putting us out of business ...


I think i am moving from IT to agriculture (as i got some land ... ) ,there is no way my IT biz will survive like this ...

Oh and you don't know the half of it, 4% of the price increase of btc during July was fictional, as it was due to USD losing value compared to everything else, which in turn made it also lose value against BTC. I think there needs to be a better standarized FIAT to compare against.