117 replies to this topic

[Billb]

UNCS who? LOL

[4aprofit]

Since 2003...between the holding of physical dinars, the ISX & the Bank Accts in Iraq...many have already had an RV of a sort'...thats if you look at long term holdings...question is...could you have done that in the U.S.?...I dont think so!....If this guy could have made more over here......then why was he holding dinars...he may have been watching everything tank out here...so he started running from everything!...LOL...
Bottom Line: IT IS WHAT IT IS'.....A RISK'...AND MANY OF THE MOST LUCRATIVE VENTURES HAVE ALWAYS BEEN THIS WAY...AT LEAST FOR THE MOST PART...

[20MillionDinar]

Millions of people don't buy those currencies expecting to get rich. Banks haven't quit dealing with those currencies. Official government agencies haven't issued reports on the USD scam, the euro scam, or the pound scam. Okie doesn't call an RV of those currencies once a week. Big dif.

They may not buy the currencies to get rich but they are definitely in our possession at all times.

Do you have US dollars in your wallet?
Do you have some in your house?
Do you have a US dollar denominated bank account?

Yea, that's what I thought...

Currency of a country is just that, a currency of a country, nothing more nothing less. He was wrong to say the "Dinar is a scam" as it is not. The "scam" (if you want to call it that) is the constant hype of an imminent overnight RV that is heavily promoted all over the net. Those government agencies haven't reported that the Dinar was a scam, it may have been reported that the "hype" behind the dinar was a scam, big difference.

[djhardrock]

I kinda of look at this as buying lottery tickets. The only difference between this "investment" and the lottery ticket is that I may have a chance to cash in my dinars at a loss and move on. One thing is for sure is that I was told before I started this thing that there is a potential to lose. So I might as well ride it out! Btw I held dinars since 2007. I didn't even bother to follow the ups and downs or this investment until Obama ended the war. So my true waiting period just began over 6 months ago. that's pretty much my 2 cents.

[20MillionDinar]

Also, due to the fact that the IQD isn't an internationally traded currency it is only available from certain currency exchange dealers and banks making the supply limited. The simple rules of supply and demand show us that when demand is up and supply is down prices tend to be higher. This is the reason why people buy the Dinar at a premium over market value. But, that is their choice. Sure beats flying to Iraq to pick up a few of their currency units, wouldn't you agree?

If you look at a Gold chart from 2003 - 2012 you will see what I am referring to when I say the USD is a scam in itself? If you can't see it then I can't help you...

Edited by 20MillionDinar, 25 April 2012 - 11:01 PM.

[RRSport]

Hopefully his dinar makes it back to the CBI. That's 25,000,000 down, and however many trillions to go.

Yes trillions still out there most likely and it's gonna RV at $1

[Texas1]

As I recall UNCS was part of a group holding a bunch of dinar and threatened a year ago to sell if it didnt happen soon. Since he didn't follow through then, chances are he's not selling now either, just venting. Im guessing he will keep a nice stash of dinar(just in case) and probably has a little dong.

[mimko]

Good bye friend. Anyway we bought a foreign currency, not a magic potion. Better to do something and realize it was a BS, than regret it later.
Take care

[Goodlife]

That's what I was thinking.



So, you sold your dinar, even though you know it is never going to hit. Does that mean you scammed somebody?

Roadrunner

Brilliant.
Disappointment cannot be avoided with this investment - When it does shift in value there will be those who will be gutted they bailed and if it doesnt then there will be those who are disappointed. Its just inevitable.
Watch out for what should be a record oil export result for April and an increase in oil rig pumping in the next few months now the floating oil loading platforms can handle the extra capacity.
I havent seen much chat about the effect these platforms will have on the IQD but I believe they have to have an effect as they allow for a big increase in oil exportation and consequent extra Billions in revenue a month. They have already had an impact on revenue. I think they are key drivers for a rv or increase in the value.
I believe that Iraq is now (approx) the 5th biggest oil exporter in the world by volume. They used to be 10th. Its all heading in the right direction

[securityguy]

This is a classic example of somenoe that did not use good sense in their investment.

[doctor robbins]

They may not buy the currencies to get rich but they are definitely in our possession at all times.

Do you have US dollars in your wallet?
Do you have some in your house?
Do you have a US dollar denominated bank account?

Yea, that's what I thought...

Currency of a country is just that, a currency of a country, nothing more nothing less. He was wrong to say the "Dinar is a scam" as it is not. The "scam" (if you want to call it that) is the constant hype of an imminent overnight RV that is heavily promoted all over the net. Those government agencies haven't reported that the Dinar was a scam, it may have been reported that the "hype" behind the dinar was a scam, big difference.

This is the comment I was responding to.

If anything, the EUR, USD, GBP, & JPY are scams! Their values are always on the decline due to excessive printing...

All currencies experience depreciation through inflation. That's a given. No scam there. But not all currencies are pumped as a way to instant wealth as the IQD has been. Most people don't buy dinar as merely a hedge against inflation. It has to go up at least 20% just to break even. Most buy thinking it could go up to a dime, a dollar, or maybe more because that's what they're being told will happen. And that's where the allegations of scam come in. I'm assuming that's what the OP was referring to.

[Man_Kind]

uncs, Did you eat allot of lead when you were younger ??? Or, were you beat up allot as a kid ???

Because that would explain allot !

[djgabrielie]

I'll bet you don't sell it all UNCS.

[skrappyone]

As I recall UNCS was part of a group holding a bunch of dinar and threatened a year ago to sell if it didnt happen soon. Since he didn't follow through then, chances are he's not selling now either, just venting. Im guessing he will keep a nice stash of dinar(just in case) and probably has a little dong.

probably has a little dong....now thats funny

[F-16Pilot]

probably has a little dong....now thats funny

Judging from his loss of faith in the dinar, I would bet if he had any dong at all he would pull out early.

[SocalDinar]

So you think it's our governments job to protect us from this?
Government has a role but not here!
It is not their job to protect us from ourselves period!
I'm sure some lame official will sponsor a bill regarding this in the future.

Not sure how anyone anywhere ever survived to become an adult before our leaders came to protect us
Examples
1 We sat in the back of trucks
2. We did nof have or use seatbelts (airbags either )
3. We ate doughnuts Cooked with the wrong oil
4 We rode our bicycles without helmets
5. We drank beer at 18
6. We went hiking without permits
7. We ate medium rare hamburgers
8. We were left at home alone or in the car
9. We used those unsafe gas pumps ( that actually worked)
10 We went swimming in pools deeper than 3 ft

Feel free to add to this list

[NeedRv]

WOW 55 negs......HAHA

[4aprofit]

Stash the same amount of US Dollars under the mattress...instead of Dinars....see which one loses value first...lol.....if we look at the past 9 years since the dinar came on the scene, we already know the answer and which is the loser...((((HOW CAN ANYONE MISS THIS???)))).....hey, it's the very currency that we are holding and that we use daily...not to mention inflation eating at it faster than it can be printed...and they are printing piles of the US Dollar daily.....but oohhhhh...now let's say someone has a few dinars...or a bunch of dinars...that actually "HAVE NOT" lost any value...or maybe they have not had their dinars long, so maybe they have not gained any value....but if they have not lost any value...and these folks PANIC!!!....DO WHAT???

P.S. Remember folks, there are those who are just as crafty at getting you to dump, or sell out, called "Dumpers"...as there were those who lied and pumped many of us, to where we would buy, called "Pumpers"...remember, they make appx. the same spread buying it back as they did selling it...IMO...as we near the end of this ride, and especially if availability of dinar gets scarce...I believe piles of these type articles will surface by the droves...On another note, for those that claim that they have lost so much with dinars, why dont they just post their reciepts, or at least the amounts paid, of when and how much they paid, and then when and how much they got for them when bailing out....why would it matter if they listed the information, as they're out of the game now anyway...ANYONE THAT HAS HELD DINARS LONG TERM HAS NOT LOST...UNLESS THEY PAID JUST WAY TOO MUCH ABOVE MARKET PRICES!!!

[TheArtistFormallyKnownAs]

After reading the original post and 3 pages of replies I now realize there are two types of dinar holders - those that got into this thinking they were going to become overnight millionaires(not literally overnight, but very soon) and those that are liars.
- WTXDanny (soon to be ETXDanny)

Hi Dan , how's it hanging.I don't get it what's ETX.

[4aprofit]

THERE ARE THOSE THAT HAVE WENT INTO THIS, THAT HAVE ALREADY MADE MONEY, THERE ARE THOSE THAT HAVE'NT MADE MONEY...OR YET.......AND THEN THERE ARE THOSE THAT MAY NOT MAKE ANYTHING...AS THEY MAY BAIL OUT...OR IT MAY NEVER HAPPEN...BUT, WHAT HAS HAPPENDED...IS THAT THE DINAR HAS NOT BEEN LOSING GROUND SINCE IT'S INCEPTION...WHEREBY THE US DOLLAR AND MAY OTHER CURRENCIES ACTUALLY HAVE...YOU CAN RIDE A WINNING HORSE...OR A LOSING HORSE...BUT, WHAT IS INEVITABLE...IS THAT YOU CAN SEE WHICH ONE IS ACTUALLY WINNING...AND HAS BEEN WINNING.....