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Red alert : Argentina stock market down 38 % currency down 30 %

 
Anonymous Coward
User ID: 77486149
United States
08/13/2019 07:28 AM
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Re: Red alert : Argentina stock market down 38 % currency down 30 %
When fiat currency tumbles, the spotlight and hope moves to crypto. Everyone blames the bankers when there's national money troubles. Crypto looks like the knight in shining armor when this happens and the value / demand will spike.

I was mining crypto for a couple years. I stopped when I was profiting less value than my electricity costs... Net zero. I still have a ton of various mainstream and shit coin stored away. I'm waiting for this particular scenario to play out so I can take advantage and cash in.
 Quoting: SoberLife

And crypto is backed by ???

Nothing from nothing is nothing
Anonymous Coward
User ID: 75610195
Canada
08/13/2019 09:35 AM
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Re: Red alert : Argentina stock market down 38 % currency down 30 %
When fiat currency tumbles, the spotlight and hope moves to crypto. Everyone blames the bankers when there's national money troubles. Crypto looks like the knight in shining armor when this happens and the value / demand will spike.

I was mining crypto for a couple years. I stopped when I was profiting less value than my electricity costs... Net zero. I still have a ton of various mainstream and shit coin stored away. I'm waiting for this particular scenario to play out so I can take advantage and cash in.
 Quoting: SoberLife

And crypto is backed by ???

Nothing from nothing is nothing
 Quoting: Anonymous Coward 77486149


What is gold backed by? Nothing.
Anonymous Coward
User ID: 77912424
Argentina
08/13/2019 09:41 AM
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Re: Red alert : Argentina stock market down 38 % currency down 30 %
What a shame. Its as it they are still being punished for invading the Falklands and getting their ass kicked.
 Quoting: Anonymous Coward 77904527


Fuck you that's OUR LAND
CK722

User ID: 77846385
United States
08/13/2019 10:34 AM
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Re: Red alert : Argentina stock market down 38 % currency down 30 %
When fiat currency tumbles, the spotlight and hope moves to crypto. Everyone blames the bankers when there's national money troubles. Crypto looks like the knight in shining armor when this happens and the value / demand will spike.

I was mining crypto for a couple years. I stopped when I was profiting less value than my electricity costs... Net zero. I still have a ton of various mainstream and shit coin stored away. I'm waiting for this particular scenario to play out so I can take advantage and cash in.
 Quoting: SoberLife

And crypto is backed by ???

Nothing from nothing is nothing
 Quoting: Anonymous Coward 77486149


What is gold backed by? Nothing.
 Quoting: Anonymous Coward 75610195


Thousands of years of confidence that it can be resold providing a return to the investor (security).
Mental Case

User ID: 77854876
United States
08/13/2019 10:42 AM
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Re: Red alert : Argentina stock market down 38 % currency down 30 %
What is gold backed by? Nothing.

----------

Gold is backed by gold!

It is a commodity...just like salt or a can of tuna.
If I am going to be damned...I am going to be damned for who I really am!
Anonymous Coward
User ID: 77892576
Mexico
08/13/2019 11:03 AM
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Re: Red alert : Argentina stock market down 38 % currency down 30 %
When fiat currency tumbles, the spotlight and hope moves to crypto. Everyone blames the bankers when there's national money troubles. Crypto looks like the knight in shining armor when this happens and the value / demand will spike.

I was mining crypto for a couple years. I stopped when I was profiting less value than my electricity costs... Net zero. I still have a ton of various mainstream and shit coin stored away. I'm waiting for this particular scenario to play out so I can take advantage and cash in.
 Quoting: SoberLife

And crypto is backed by ???

Nothing from nothing is nothing
 Quoting: Anonymous Coward 77486149


A electricity bill !!
Anonymous Coward
User ID: 77827980
Canada
08/13/2019 11:04 AM
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Re: Red alert : Argentina stock market down 38 % currency down 30 %
The following is public knowledge.


The Argentinians were told that Britain does not want to fight another war in the Falklands, so it will do whatever necessary to stop it from getting to that point.

If Argentina does not give up its phoney claims, Britain will keep its economy on the rocks.

So, the Bank of England has a prime directive to knife down the Argentinian economy any way it can.

Argentina won't give up its claims so the BOE keeps its economy in the shit.
G3
G3

User ID: 2187538
United States
08/13/2019 04:46 PM

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Re: Red alert : Argentina stock market down 38 % currency down 30 %
bump
Mental Case

User ID: 77917201
United States
08/13/2019 04:47 PM
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Re: Red alert : Argentina stock market down 38 % currency down 30 %
Anything new happening?
If I am going to be damned...I am going to be damned for who I really am!
UH
User ID: 61932148
United States
08/13/2019 04:50 PM
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Re: Red alert : Argentina stock market down 38 % currency down 30 %
Anything new happening?
 Quoting: Mental Case


EXACTLY..MAH-KETS R CLOSED..WE NEED AN UPDATE?

WHICH WAY HAVE THEY MOVED?
G3
G3

User ID: 2187538
United States
08/13/2019 04:55 PM

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Re: Red alert : Argentina stock market down 38 % currency down 30 %
G3
G3

User ID: 2187538
United States
08/13/2019 04:59 PM

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Re: Red alert : Argentina stock market down 38 % currency down 30 %
Argentine peso falls sharply for a second day

[link to www.ft.com (secure)]
Mental Case

User ID: 77917201
United States
08/13/2019 05:03 PM
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Re: Red alert : Argentina stock market down 38 % currency down 30 %
The argentine peso is worth 1.8 pennies...and it's falling sharply lmao

Last Edited by Mental Case on 08/13/2019 05:03 PM
If I am going to be damned...I am going to be damned for who I really am!
G3
G3

User ID: 2187538
United States
08/13/2019 05:03 PM

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Re: Red alert : Argentina stock market down 38 % currency down 30 %
US Dollar to Argentine Peso Chart

[link to www.xe.com (secure)]
Mental Case

User ID: 77917201
United States
08/13/2019 05:05 PM
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Re: Red alert : Argentina stock market down 38 % currency down 30 %
They ain't got two nickels to rub together!
If I am going to be damned...I am going to be damned for who I really am!
G3
G3

User ID: 2187538
United States
08/13/2019 05:05 PM

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Re: Red alert : Argentina stock market down 38 % currency down 30 %
The argentine peso is worth 1.8 pennies...and it's falling sharply lmao
 Quoting: Mental Case


[link to www.xe.com (secure)]

jay
Anonymous Coward
User ID: 77884067
Germany
08/14/2019 01:52 PM
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Re: Red alert : Argentina stock market down 38 % currency down 30 %
Faulk'land_Wars_2.0
 Quoting: Anonymous Coward 75540213


No. The UK has enough of their own problems right now. Next war they'll be in will probably be against Iran.
And the UK still has the (worthless) Faulkland islands.
 Quoting: Sikhed


lol, "will probably be against", the only thing you will be fighting against seriously will be your muzz infestation, stabbing acid attacking, just like rest of europe.

German bloodline cocksuckers, more bad then whole german misguided nation who is not worshipping satan.
UH
User ID: 76909798
United States
08/14/2019 02:07 PM
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Re: Red alert : Argentina stock market down 38 % currency down 30 %
The argentine peso is worth 1.8 pennies...and it's falling sharply lmao
 Quoting: Mental Case


[link to www.xe.com (secure)]

:jay:
 Quoting: G3


APPROX 1.6 AND A HALF NOW-ISH





GLP