discuss How would a US dollar or euro devaluation affect domain aftermarket?

[garptrader]

One of the drivers of Chinese interest in domaining has been concerns about its currency and stock markets.

While the US dollar has traditionally been viewed as the world's reserve currency, the US government has been running deficits for years and now has a debt of some $18 trillion - larger than its GDP. I am not an economist but what might happen to the domain market if the US dollar or euro were to be devalued as has happened in some emerging market countries?

https://en.wikipedia.org/wiki/National_debt_of_the_United_States

One thought I have is that maybe we should not be setting fixed prices in US dollars...

 

[Kiko]

You don't know what you're talking about lol 'only a comet'...right and is that what every other civilization that fell since time thought too?

"The debt can still hold up to more than 30 trillion"...really? How do you figure? There's no basis here, what is going to hold the debt up? itself?

what I m saying is that not going to happen,,,we just face the facts period, we don't speculate like you, saying every year that everything is going to go to shit hole, we move forward in positive thinking with real data.
is simply like saying according to my assets, my salary, my credit score, etc, i can hold a debt of this much.... usa was downgraded 2 years ago from to AAa, but it dosent mean anything, there still plenty of room for things to happen that can eventually lead to a collapse, but realistically speaking, not now...

 

[JayT]

what I m saying is that not going to happen,,,we just face the facts period, we don't speculate like you, saying every year that everything is going to go to sh*t hole, we move forward in positive thinking with real data.
is simply like saying according to my assets, my salary, my credit score, etc, i can hold a debt of this much.... usa was downgraded 2 years ago from to AAa, but it dosent mean anything, there still plenty of room for things to happen that can eventually lead to a collapse, but realistically speaking, not now...

I'm afraid you don't know 'the facts' Keep holding your precious debts as high as possible as you suggesting is healthy. Keep telling me about your 'real data' in one breath and things like 'doesn't mean anything' in the next. 'things can happen eventually lead to a collapse'...Yea too bad me posting on namepros isn't one of them, huh?

 

[Kiko]

I'm afraid you don't know 'the facts' Keep holding your precious debts as high as possible as you suggesting is healthy. Keep telling me about your 'real data' in one breath and things like 'doesn't mean anything' in the next. 'things can happen eventually lead to a collapse'...Yea too bad me posting on namepros isn't one of them, huh?

Move forward!! you're like those prophets saying every year this is the end of the world.
yes, face the facts,...

ok...so in may 29 of 2016 our dollars are going to worth ZIP!...you wont be able to buy 1 can of coke with 1 dollar, you will need 10 dollars, 20 dollars....
is this what your trying to say with all this??

 

[JayT]

Move forward!! you're like those prophets saying every year this is the end of the world.
yes, face the facts,...

ok...so in may 29 of 2016 our dollars are going to worth ZIP!...you wont be able to buy 1 can of coke with 1 dollar, you will need 10 dollars, 20 dollars....
is this what your trying to say with all this??

Yea, probably not tomorrow, but sure someday. Cokes were probably 10x less than they are now at one point, and it's always more expensive. Where does your 'data' say that this trend is going to slow down or stop? Furthermore, someday I say no amount of dollars will buy the coke. I am not speculating neither. The dollars we have cannot survive without constant inflation. Why do you think the fed has a 2% inflation target? It's necessary to service debt. I can't argue with you anymore. You speak of data but have none. If you had 1 bit of data I would use it to my advantage anyways, because that's how it works.

 

[Kiko]

now your saying someday..... are you saying someday, next week, or someday, next month, or is that a someday in 5 months?
face the facts,
you face the fact of everything of what that guy says in the video, there s even a date there of the possible event.

I face the fact the the dollar is the 1 world reserve currency... and is doing very well.. and no possible collapse at least within 5-10 years

I know, because I'm betting against the american economy, BIG, if what you saying is true, that this year 2016, will be a crash, I'll become ultra trillionare, not only me other people as well, i think there a possibility to happen in the next 5-10 years, the way I see it is that when it happen, there's going to be tons of "bumps", is going to be progressive, and it will take another 10 years to really lose value...

 

[MisterSoft.com]

One of the drivers of Chinese interest in domaining has been concerns about its currency and stock markets.

While the US dollar has traditionally been viewed as the world's reserve currency, the US government has been running deficits for years and now has a debt of some $18 trillion - larger than its GDP. I am not an economist but what might happen to the domain market if the US dollar or euro were to be devalued as has happened in some emerging market countries?

https://en.wikipedia.org/wiki/National_debt_of_the_United_States

One thought I have is that maybe we should not be setting fixed prices in US dollars...

Keep selling your domains. The rest are just distractions

 

[dbustin]

I dont know about others but the USD lowering would take away from my profits, its been sell, sell, sell since CAD has been so low especially in december/january.

 

[Domainzy]

This is a great thread!

I could(and have) talked about this subject for days. However, what I have had to learn the hard way is: most people don't care about wealth, they care about money. Which is why this scam has gone on for so long. Don't get me wrong, it a clever scam, this scam has 99% of all my family and friends fooled. I tried to explain it to them but the scam started back in 1913, before most of us were even born.

I started converting my BS paper USD into silver when it was $3 an ounce and still do
I started converting my BS paper USD into gold when it was $300 an ounce and still do
I started converting my BS paper USD into Bitcoin when it was .13 cents per Bitcoin and still do
I started converting my BS paper USD into Ethereum when it was at .30 cents per Ether and still do.
And I have been converting my BS paper USD into liquid domain assets since late 2014 and still do.

The USD is nothing more than casino chips to me, I fully understand that if I want to 'play' in their casino I need to convert some of my wealth into the constantly devaluing USD. Its just too bad that my friends and family choose to stay in the casino, where the odds are stacked against them

 

[Kiko]

Yea, probably not tomorrow, but sure someday. Cokes were probably 10x less than they are now at one point, and it's always more expensive. Where does your 'data' say that this trend is going to slow down or stop? Furthermore, someday I say no amount of dollars will buy the coke. I am not speculating neither. The dollars we have cannot survive without constant inflation. Why do you think the fed has a 2% inflation target? It's necessary to service debt. I can't argue with you anymore. You speak of data but have none. If you had 1 bit of data I would use it to my advantage anyways, because that's how it works.

a good example is what china is going through right now, a powerful country

This is a great thread!

I could(and have) talked about this subject for days. However, what I have had to learn the hard way is: most people don't care about wealth, they care about money. Which is why this scam has gone on for so long. Don't get me wrong, it a clever scam, this scam has 99% of all my family and friends fooled. I tried to explain it to them but the scam started back in 1913, before most of us were even born.

I started converting my BS paper USD into silver when it was $3 an ounce and still do
I started converting my BS paper USD into gold when it was $300 an ounce and still do
I started converting my BS paper USD into Bitcoin when it was .13 cents per Bitcoin and still do
I started converting my BS paper USD into Ethereum when it was at .30 cents per Ether and still do.
And I have been converting my BS paper USD into liquid domain assets since late 2014 and still do.

The USD is nothing more than casino chips to me, I fully understand that if I want to 'play' in their casino I need to convert some of my wealth into the constantly devaluing USD. Its just too bad that my friends and family choose to stay in the casino, where the odds are stacked against them

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so you're not part of our communities, you basically go to 7 eleven to buy chips and a drink with rocks... Do they take them?... Just another human who dosent have a clue.. Or I mean to say another bitcoiner... Dream, dream, dream.

 

[DanSanchez]

"A gauge of the greenback approached the lowest since June after Yellen said the Fed will act “cautiously” as it looks to raise rates against the backdrop of a deteriorating global economy. The dollar has fallen against all of its 31 major peers in March with Russia’s ruble and Brazil’s real posting the biggest gains, helping emerging-market currencies to their best month in 18 years."

http://www.bloomberg.com/news/artic...ign-sends-greenback-to-worst-month-since-2011

 

[garptrader]

So Trump is now talking about defaulting on the US debt of $19 trillion...

https://www.yahoo.com/finance/news/why-trumps-u-debt-default-222400110.html