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Euro lost almost 20% of it's purchasing power against USD.
30 sats \ 5 comments \ @satsbaba 11 Jul 2022 bitcoin freebie
I don't know why it is not the talk of the town but in front of our eyes Euros lost it's purchasing power in increased global economy by 20% within this year.
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0 sats \ 0 replies \ @cryptocoin 11 Jul 2022
Currently the trading pair is EUR/USD, because the denominator is the lesser-valued currency.
What happens when it flippens, and EUR/USD is below 1? Does it require a certain period of time before the trading pair changes to USD/EUR?
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0 sats \ 2 replies \ @cryptocoin 11 Jul 2022
And it is now at parity with the dollar:
Euro has crashed down to USD parity for the first time in 20 years 👀 Wen Dollar Euro flippening?
https://i.postimg.cc/Y2yQ4thX/FXYx-W-u-Xw-AAgl-Fu.jpg
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0 sats \ 1 reply \ @cryptocoin 11 Jul 2022
The #DoomLoop has begun. 1 USD = 1 EUR. Prepare yourselves for YCC and $BTC = $1 million. But please be patient, these things take time.
https://i.postimg.cc/Qx1PSYGr/FXZKfc5-Xg-AIo-C4-U.jpg
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0 sats \ 0 replies \ @cryptocoin 12 Jul 2022
And parity with the dollar was reached:
Happy Euro-Dollar parity everyone 🥳🥳🥳 #43995
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0 sats \ 0 replies \ @thedevil4k 11 Jul 2022 freebie
Dolar is pumping. Anyway central bank coins are shitcoins.