Well, one bitcoin was rated $620 in July 2014.
If you had invested all of your possessions in bitcoins a year ago, today you would be less than half as rich as you were last year, as bitcoin has been quite stable at $260 in the last few months.
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so many minds ridded with propaganda...
all you need to know is: half of the greeks are below the proverty line, no, they cant pay right now, and yes they need a plan to make the economy work again, and that usually needs money
Reforms for money sounds good, for now
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What? Germany was one of the first countries to send them "care packages" with millions of euros and now Greece says that they never want to pay the money back.
Sorry, for "vomitting" my thoughts but I think we're pretty close to the source when it's about information.
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I think varoufakis was a bad spokesman then. I get your point, it's good to hear from someone who is actually involved in all of this.
I think the EU is panicking right now because they fear a loss in the value of the Euro and their economy.
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Those needed care packages as well as the rest that came later went primarily to the banks. Me and others while trying to find ANY job, we see our country being bought for the last 5 years. It is not a question whether we will pay or not. WE WILL PAY whether we want to or not. Even if we go to another currency, we will pay by devaluing that currency.
The problem all those 5 years was not that we party with Europe's money (ok some ppl were and because of them we are where we are but those ppl are primarily the banks and ppl in "special friendship" with them). The problem was that even when we did all those cuts we were asked to do, driving the people to poverty, unemployment or even suicides, the debt was increasing. Europe's plan for Greece is not working, if it did, our debt would be less, not more. That is the 1st reason we are protesting. The second is against our governments who brought us to this point.
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I never thought they partied with their money.
All I know is when "we" sent money and the apparences of Varoufakis. I guess I got the wrong image.
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Varoufakis is not Minister of Economy of Greece any more. We, EU and Greece, have to find a good plan to get us back on track. We are burned by the governments so many years now, I hope this one won't take the last shot and finish us off.
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If half of the greeks are below the poverty line, but their average wages are twice as big as ours (Czech Rep.),
That means 0,5 x 2 ~ 0,5<i<1.0 x 1 . They should pay more and they will be still living. Simple math.
Edit: There is no need to have average greek pension value to equal average CZ wage.
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poverty line means not having that much food dude, are you defending ppl to starve in order to pay a debt? i hope not
its not ok to say (to a nation) well others can do it, why cant you?!
btw you know what rampant un-employment is? that means no money for ALOT of ppl
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Will fall little bit but will raise again next years.
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The Euro as a whole? No.
Greece, individually, is a different story.
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Why dollar is dead?
While US still had problems, it is on the right direction to recovery. It is still widely used outside US, and a lot of international trades are done in US dollars.
China have huge reserves of US dollars, surely they wanted that US dollars remain strong. If US dollar is dead, then the Chinese reserves will be dead also. And if we are discussing China, out of $16 trillion of US debt, only $1.3 trillion is held by China, closely followed by $1.2 trillion by Japan.
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USD will not die as long as it remains the World Reserve Currency.
? is how long will that last?
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That may not be long if Russia and China have anything to say about it. We (US) sent most of our industry and jobs to China and now China has the largest economy in the world. Our own government is destroying our country from the inside.
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Actually China has moved to increasing Gold reserves and used US Dollars to do so.
So China, Russia and India have moved away from the Dollar because it is widely known that continuous printing of paper money devalues itself.
If the US keep printing money devaluing particular nations Dollar reserves then what point is there in holding any Dollar reserves.
There are so many top economists stating that the Dollar will collapse, if you just take a moment to research outside of propaganda based perimeters.
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https://www.youtube.com/watch?v=VWOqAr76Za4
https://en.wikipedia.org/wiki/Reserve_currency
http://economyincrisis.org/content/36048
I saw a documentary/short documentary about the reserve currency on youtube that was really well made but I can't seem to find it ATM.
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I should have swapped all my €€€ for pounds 2 years ago :(
https://www.google.com/#q=1+gbp+to+eur
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I feel sorry to everyone who think and feels special against the others and especially to them from safe view with support by others.
I came here to gift some games and i see some trash talk for my country i can't understand. I see only brain washed digital images and letters in my screen, you disappointed me steamgifts :(
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I agree, mainstream media has grip on so many people opinions.
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Peoples opinions are just copy paste, it's like they miss a brain
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i hope you didn't get me wrong. I didn't want to say it's the fault of greece people :)
if anyone is at fault...it's those politicians and the media.
The people in a country are almost never to blame.
By the way nice steambackground Tethnic, which game is it from?
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The US dollar is just as bad and our economy is going to collapse. If you have a lot of money and want to make sure it will hold it's value, buy silver or gold depending on how much money you have. You want physical silver or gold, don't buy certificates. Silver and gold have always held there value throughout history, this is the safest bet to survive any collapse. Just find a good spot to hide it because history teaches us that governments like to make it illegal to own silver or gold when you need it most and they may try to take it.
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i just went to the bank, the euro is at an all time low, should buy some euros? =P
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Banks treated Greece like trash, used and flushed it away.
And finally, a government (Greek) that really respresent its own people interests.
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Greece will never pay the over 350 Billion EUR, Germany won't see a dime. So the EU either keeps propping up satellite states that contribute nothing but sucking the dry teet and swallow the loss, or they just swallow the loss and sanction Greece and try to ride it out and soften or prolong losing other nations that can easily go back to their currency or a basket currency. Germany can make it on it's own easily, they could be a very blessed country if they just went back to the DM or currency basket. EUR is a failure like Bitcoin as they are now both centralized and controlled by the bankers. A war would strengthen and keep the EU together though, should that happen.
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