US Dollar In A Downward Spiral?

in crypto-news •  8 years ago 

Today I want to talk about the declining value of the US Dollar.

Folks, is the US Dollar in a downward spiral? The charts show USD at a new low this year.

Just yesterday former Federal Reserve chairman Alan Greenspan warned about a bond bubble: https://www.cnbc.com/2017/08/01/alan-greenspan-the-bubble-is-in-bonds-not-stocks.html

Rumors are also circulating about a possible Fed coin in response to the declining confidence in the US Dollar: https://news.bitcoin.com/fedcoin-u-s-issue-e-currency/

Meanwhile the value of crypto currency continues to rise. Bitcoin has maintained it price after the hard fork while Bitcoin Cash has experienced massive gains over the past twenty four hours. What does the future hold for BCH? Exciting time for crypto!

Do you think the US Dollar is in a downward spiral? Leave a comment below.

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*This is is not investment advice. Dealing with crypto involves a risk of loss. Please buy, trade, or invest, at your own risk.

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Yes the Dollar is in a major downtrend. They are devaluing the USD everyday it seems.
This is why I have moved more and more into Cryptocurrencies.
Greenspan knows what is going on and @marketreport has been telling people this for a very long time.

Thanks for the post and video.

USD is going down brother. Time to get some more crypto

The dollar is in decline, but its not the only one . You won't hear any of this on the main media though. Great video thanks mike

protect your money with crypto! this is why it will succeed, its not a currency based on debt!

Nice Post !! ThankYou So Much !!

Your videos are awesome and you are big on Cryptocurrencies.
This is something that you may be interested in.

CHECK IT OUT!!!

The Cryptocurrency Challenge:
There are 4 Cryptos that people can bet on the Daily High for that day and earn 50% of the posts (SBD)...
[BTC, LTC, STEEM, & ETH]. Everyday is a new Challenge. @revelationquotes

Bitcoin:
https://steemit.com/bitcoin/@revelationquotes/the-cryptocurrency-challenge-bitcoin-or-high-close-date-of-3-aug-2017-or-enter-today

Litecoin:
https://steemit.com/bitcoin/@revelationquotes/the-cryptocurrency-challenge-litecoin-or-high-close-date-of-3-aug-2017-or-enter-today

Ethereum:
https://steemit.com/bitcoin/@revelationquotes/the-cryptocurrency-challenge-ethereum-or-high-close-date-of-3-aug-2017-or-enter-today

STEEM:
https://steemit.com/bitcoin/@revelationquotes/the-cryptocurrency-challenge-steem-or-high-close-date-of-3-aug-2017-or-enter-today

Absolutely. Wait until 2017 end.. I bet USD will plummet and cryptocurrencies will skyrocket.

Hmmmm Alan Greenspan left the bon federal reserve years ago

Hey everyone.. Checkout my post on how US Currency is created by Federal Reserve and IRS. I assure you that you will want to get into cryptocurrency more than ever.. https://steemit.com/irs/@rigogonzsteemit/know-how-us-currency-is-created-by-mike-maloney

its 2008 all over again ....

Yo champagnecrypto, remember me?
Check out what the CEO of MyBit said on Slack:

"we received confirmation today that MyBit has articles out on Forbes, CNBC, INC, Wired -UK, and
a few other major outlets but publication ranges from mid August into september (most of it after the sale closes) so that most likely will create a lot of demand on exchanges from a lot of people who were not aware of the tokensale
we have been working with them to speed it up bc releases while the tokensale is still active would be best, but they do move slow and realistically it will most likely be after the sale is over"

pasted_image_at_2017_08_02_02_38_pm.png

KABOM, are you readdy for the huge demand for the coin following the ICO!
If you are reading this comment and don't know of the ICO check it out: https://mybit.io/?ref=BJN7EkrwucS-

To the moon bros.