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  Rissas Dad from DV discusses the strange rates posted yesterday

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Join date : 2011-08-09

PostSubject: Rissas Dad from DV discusses the strange rates posted yesterday   Wed Mar 07, 2018 6:29 pm

Rissas Dad from DV -

Sorry to bump up a dead topic since the two sites showing this yesterday have gone back to normal, but I cant help wondering what happened.  For six hours yesterday at least two sites had the dinar at double the previous value.  It was either a glitch, which is hard to accept, or someone put it in for a laugh at our expense, or it was some kind of test which means some legitimate source input the value for a reason.  All of these are hard to accept honestly, but who the hell knows?
There were some here who said it was such a small amount what's the big deal?  Agreed it wasnt enough to get any of us to too excited, but I cant help but think about why?  Doubling of the value is no big deal to us speculators, but if you consider what needs to happen in Iraq it can look more significant.  Iraqi's dont trust the currency or the banks and prefer to use dollars, right?  If the dinar value doubled, as an Iraqi, wouldnt that change things?  Coupled with the fact that with the citizens to begin to get a share of the oil profits in the next 6 months and those proceeds going into a required bank account to every Iraqi, forcing them to use the banks.  In a very short time period you've given value to the dinar, squeezed out the dollar, and made every citizen happily open a bank account and use the banks to get to the free money.  You've also given most no reason to use the street exchangers anymore, as well as begin distributing the smaller denominations.  
And since the increase in value isnt really enough for most speculators to jump in yet to sell, its an easy way to get the ball rolling without a run on the currency or a vast sell-off which could upset things as well.  Just think, if we all woke up one morning to find the dollar had doubled in value?  That would be a big deal, wouldnt it?  It would shock the world and upset things catastrophically.  But not the dinar, its an exotic currency thats not traded anyway.  Something to ponder, anyway.
Butifldrm, was typing as you posted.  I got into this in 2011 so that was before my time.  So no explanation then, either.  Its hard to understand why these things would or could occur.  Is it intentional or a mistake?

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PostSubject: Re: Rissas Dad from DV discusses the strange rates posted yesterday   Thu Mar 08, 2018 12:28 am

NO glitch, just idiots who had no clue what they were looking at, and frauds taking advantage of their stupidity.

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