US Dollar/Iraqi DinarI swear, these Iraqi Dinar reprice dudes froth at the mouth. They picked up some Ripple, and now they're into currency exchange, on the expectation of a Iraqi Dinar reprice in dollars. They say Iraqi Dinar is already "worth more" than the US Dollar, because of the currency exchange rate, without realizing that currency exchange rates are manipulated, as is the underlying currencies This currency pair has moved in a 35% band so far. Expectations are high for a Dinar reprice as soon as next week.
There is no data to support a massive reprice in the DInar Dollar ratio. If there are geniuses out there that care to shed some light on this, I welcome it.
I think this is pure desperation from the same types who are dismayed that they haven't witnessed Nessara/Gesarra yet. Right? It's the same types. They froth at the lips for an Iraqi Dinar reprice, but they can't form the simplest of logic as to why this might happen. Completely illogical.
So, Iraq has oil. Big deal. Everyone has oil. It's everywhere. What's your next argument? And I can go on.
USDIQD trade ideas
US Dollar/Iraqi DinnarFor some strange reason, some crypto retards think that the Iraqi Dinar will get repriced against the US Dollar, due to some gold- backing of the Dinar. I think what the tards are missing is that most fiat has some gold backing. Gold backing makes no difference to your Iraqi Dinar, and if it did, it would already be priced in.
It’s hard to convince someone that has a pseudo- religious belief about this currency pair. These are usually the same types who believe XRP will take over the financial system, and they believe a lot of falsities. XRP will pump hard vis a vis BTC. I’m not denying that, and you can go look at my chart of XRP/BTC to see my sat targets. But, XRP isn’t taking over the global financial system, and neither is the Iraqi Dinar.
All in the Iraqi DinarToo early? :)
Disclaimer: As obvious as it is, every one isn't bright or even as smart as a rock, so before the FBI comes to kidnap me, I want to make it clear I am not promoting the Iraqi Dollar scam. Anyone that falls for it is a cretin. Society provides too much support for these people, they clearly should never have passed natural selection. Dumbest investment of the century.