Not exact matches
Back in 2014, he wrote a Financial Times op - ed in which he criticized the virtual
currency for being «unsuitable as a means of exchange» and said it was only attractive for two reasons: anonymity — as desired
by money launderers and tax evaders — and
speculation.
The dollar has also made fresh advances against the offshore Chinese yuan (the rate that isn't as tightly controlled
by the People's Bank of China), indicating a fresh wave of
speculation against the Chinese
currency.
«It means all the hype caused
by speculation is boosting a really interesting virtual
currency economy, and the world is starting to treat it like other
currencies, as value, which is regulated.»
Precious Metals prices are influenced
by current events, market
speculation,
currency values, supply and demand and buying power.
Some analysts said the sharp swings in offshore exchange rates and borrowing costs appeared to be engineered
by the Chinese leadership, as a way to ease depreciation pressure on the renminbi and to discourage
speculation — namely short - sellers, investors who bet on declines in the
currency, often
by using borrowed funds.
After all, why should businessmen invest in hiring more labor to work in factories, when they can make higher rates of return
by financial maneuvering and
currency speculation?
And they are to relinquish public spending to private contractors, and not to interfere with the international flow of investment funds, not even to impede capital flight
by domestic elites or
speculation against their national
currencies.
Quantitative easing subsidizes U.S. capital flight, pushing up non-dollar
currency exchange rates Quantitative easing may not have set out to disrupt the global trade and financial system or start a round of
currency speculation, but that is the result of the Fed's decision in 2008 to keep unpayably high debts from defaulting
by re-inflating U.S. real estate and financial markets.
The emerging markets sell - off intensified on Monday with stocks heading for their worst day in almost six months even before Latin American bourses opened, and
currencies weakened further until the Turkish central bank prompted
speculation it might raise rates
by calling an emergency meeting.
The large majority of
currency speculation is done
by traders who have no other purpose for buying and selling
currencies than profiting on price changes.
While
speculation is typically driven
by economic, global and market effects, price action is sometimes volatile, and significant adjustments in
currency value can take place quickly.
Forex trading is the business of making
speculations on the rates of
currencies and assets; such as gold or silver and earn profit
by investing money; and is easily managed from any part of the world.
Living primarily in Belize City and Orange Walk, they formed an aloof, close - knit community that,
by the late 1980s, dominated Belize City retail trade and played a major role in
currency exchange and
speculation.
By questioning investments in art as proof of self - expression — through tactics of anonymity, collective agency, shared authorship, appropriated identities, delegated curating and art making, and financial
speculation — works in the exhibition highlight how subjectivity has been treated as a form of living
currency to exploit, market and sell to.
Unsurprisingly, with this latest political coup
by the entrenched president, there is much
speculation and worry about the already fragile and almost non-existent fiat
currency system.
Skycoin is setting the gold standard of the crypto economy
by creating a cryptocurrency that is not prone to the
speculation and inflation that debases crypto and fiat
currencies.
The market for virtual
currency is still young so it's only natural that it has become a target of
speculation, but I think it has potential as a
currency that is not restricted
by country.
a) High price volatility as investments tied to Virtual
Currencies are highly unstable and are primarily based on
speculations; b) Failure / closure of Virtual
Currency exchanges / businesses due to any reason including action
by law enforcement agencies; and c) Hacking / security compromises of cryptocurrency exchanges and wallet businesses.
Today, XRP is being experimented with
by several money transfer companies, but the digital
currency is not widely used for anything — well, other than
speculation.
The SBP took the action on account of the following risks: • Virtual
currencies are highly volatile, unstable and the prices are primarily based on
speculations; • The failure and closure of virtual
currency exchanges and businesses for any reason, such as action
by law enforcement agencies; and • The number of security compromises of virtual
currency exchanges and wallets worldwide in which large amount of funds have been lost.
With the digital
currency, trading at record highs on mere
speculation there is now a strong reason to be a bear and make a considerable profit
by hedging against it.