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BITCOIN TO RISE LIKE A HOT AIR BALLOON... by pocketechange

View this thread on steempeak.com
· @pocketechange ·
$0.51
BITCOIN TO RISE LIKE A HOT AIR BALLOON...
![Symbol....jpg](https://steemitimages.com/DQmXbes5puKsn9CLnuokaRvjpLhrG2JCAJB1Emi2rKEtqUB/Symbol....jpg)

Everyone is pouring their Dying Dollars into BitCoins and other Cryptos...
  
I keep hearing that BitCoin will be Rising like Hot Air Balloons, to unbelievable  amounts of Dollars... 
 
My question is this...
  
If BitCoin goes to 10,000 Dollars and the Dollar is Dead, what are you left holding...???

You'll be holding 10,000 Dead Dollars...

Do yourselves a favor and take a second look into my Pocket Change Theory...
![Coins....jpg](https://steemitimages.com/DQmSUK4ydD4QBd6qfw5KrLgCDJE8nsPdruud5tnAZ4pvRWw/Coins....jpg)

@pocketechange
👍  , , , , , , , , ,
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vote details (10)
@fathermayhem ·
$0.02
Great question that deserves healthy debate and commentary!

Myself, I enjoy investing in, trading and holding both crypto and physical coinage - both precious and not so precious. 

On the Cryptocurrency side of things - if the dollar tanks, then what you are left holding is a viable currency!  Why convert it back to baseless Dollars when one can simply transact with the cryptocurrency itself? Remember, it is here to replace the *centralized* non-backed fiat. It is decentralized money that cannot be made into a derivative without placing some extension upon it, like an ETF.

For basic, easy to render information, consider http://www.WeUseCoins.com/ 
Happy coining!
👍  
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vote details (1)
@pocketechange · (edited)
Thanks for commenting back...  I suppose the Crypto's must be Measured in other Currencies also...  I wasn't really thinking that, but it must be true...  I'm just so used to thinking in terms of Dollars...  Thanks again...
@pocketechange
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@mikey84 · (edited)
$0.02
That's a good point. The dollar just needs something of solid value to make it valuable again I think because the economy is shit, the money is shit & the government is shit. Lol. Cryptocurrency is becoming more valuable then Gold n Silver, minds well drop the shit fiat money & make Bitcoin or some cryptocurrency the currency for their economy. Might actually help it.
👍  
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vote details (1)
@pocketechange ·
You're going to love my Pocket Change Theory...  Read my post titled... "JUST MONEY"...  You're in for an eye opener...
@pocketechange
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@joshsigurdson ·
$0.02
Not so. If the the US dollar fails and the Chinese Yuan doesn't, you don't compare the Chinese Yuan to the USD, you compare it to itself! 
That's why there are dollar and cent denominations in Bitcoin. What is the price of the USD dollar based on? Itself! Nothing else. 

I've gotten this question many times and if you have 1,731,968.8 for example as seen below, the point 8 is a denomination. The 1,731,968 is a denomination and the 1 is a denomination. 

![bitcoin denomination.png](https://steemitimages.com/DQmTBgSv74KWr1qFT6vPLP2KEZYz81gWxUP1BtESTFqVUAv/bitcoin%20denomination.png)

Just like $1.44 is a denomination with the dollar and the cent. 

There's already an infrastructure for Bitcoin decimals, etc. If the dollar crashes, you'll judge it by its buying power at the number and decimals available. 

You don't look for something else to base the USD on after all.
👍  
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vote details (1)
@pocketechange · (edited)
Actually, we haven't used our Dollars for years...  A "real" dollar is a measurement of weight in gold and/or silver...  In the case of Silver, the Dollar is based on 77.3475 % of a Troy Ounce Silver...  That's a Real Dollar...  What we use now, doesn't even belong to us...  We're only allowed to "use it" as a "medium of exchange," so long as we Pay it Back, plus Interest...  We've been using "borrowed fiat money"...  How did we ever let this happen...???
@pocketechange
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@joshsigurdson ·
I agree that this is the case, but we're talking about basing the value of Bitcoin on the USD and I'm just saying that it can be based on itself. There doesn't need to be a USD to perceive its value.
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