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FrogSugar
there's plenty of money to be made by those who "short" it soon!
[www.forex-central.net]
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dcbaQuote
FrogSugar
there's plenty of money to be made by those who "short" it soon!
[www.forex-central.net]
Ah bon?
[www.thetimes.co.uk]
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wonderboy
It was designed to be a new form of money, but has already failed in that.
The primary purpose of money is to be a medium of exchange, but to do that, it must have a stable value
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dcbaQuote
wonderboy
It was designed to be a new form of money, but has already failed in that.
The primary purpose of money is to be a medium of exchange, but to do that, it must have a stable value
It has succeeded as a new form of money as it represents a lifeboat against all the monetary bubbles that are about to burst (again). Poeple don't invets in BT they use it to protect their wealth against the coming breakdown (or the State as they do in China). BT is the proverbial canary in the coal mine.
"The primary purpose of money is to be a medium of exchange, but to do that, it must have a stable value"
The USD is a medium of exchange while its intrinsic value has sunk 99% agaisnt Gold since 1914.
Everything rises & sinks. Look at the longer history to get a better idea of the trend rather than a single day.Quote
marianna
How is it a lifeboat if it also sinks in value, as it has done in the past few days? That was after a phenomenal increase in value, but that increase is also a sign of a bubble...
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DandelionPowderman
I didn't know that «titcombs» existed...