Sitarow
Legendary
*
Offline Offline

Activity: 1778
Merit: 1043



View Profile Personal Message (Offline)

Ignore
March 14, 2015, 03:01:45 AM





http://www.marketwatch.com/investing/index/dxy/charts

USD index value at 100? Check

Negitive inflation in USA Check

Intrest rate hike and oil down Check

hmm what will happen to BTC when USD index drops back down?

Nothing at all???Mainly because Chinamen miner and gambler doesn´t care about it. Second a small pennystock with  merely 4 billion market cap has little to none correlations with the USDX. Bitcoins value is defined by pump and dumps, over leveraging, fake CNY/USD at exchanges, and the continuous attempt to lure in bigger fools all the time, which is  absolutely necessary due to the high inflation in Bitcoin. Also almost no real life usage beside a few millions USD changing hands in online black markets.   Smiley

Ether you are a sincere individual or a hapless fool. Clearly you understand little about the global currency situation.