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OtisDaWhino

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  1. Yeah Kuwait was a RI although everyone calls it a RV and they had their infrastructure and Govt intact but they still did the RI and brought it back up after it had plummeted and did it relatively quickly. Ive always wondered why out of all the people invested in IQD that someone would know someone who made the big bucks on the KWD but I have yet to ever see a trace of anyone. Have you ever seen anyone that has come forth ?? Or heard an actual story of someone who made millions off of it ??
  2. Yeah Ive definitely heard those ideas before and Fractional Banking is valid and makes sense but I guess Im not a good speculative investor.....Im a details guy and I wish we had some way to get accurate details. The main thing that gives me hope is that it happened in Kuwait but again , they didnt have this many investors.....not even close. The ones they did have though, cleaned up son !!!!
  3. I agree.....it could be the case but you still have the problem Catmandu is talking about. I mean that is a valid issue I would assume. When they came up with this plan back in the 90's, they never anticipated the internet and the viral Dinar sales.....that is a problem now which could be holding this up. And now it may not even be possible without doing a LOP. Im just throwing out scenarios for discussion.
  4. Its hard to argue with that .... I mean honestly, Im not taking anyones side but that is hard to argue against. There is only so much cash and there are so many people now invested in the Dinar that the cash it would take to cover it all would be mind boggling. Im not feeling good about the RV before the RD.....I wish yall could give me some info that would make me feel better about it. Either way, Im riding out the storm and see where it takes me. At least it adds a little excitement to my life.
  5. Very true......Still going to watch, listen, and learn and hope for the best !!!
  6. Yeah you are right.....I overreacted but I never thought of the LOP this way so it hit me hard when I think their truly could and pretty likely its going to LOP. It is what it is I guess. Im just glad I didnt spend a ton of money that I didnt have on it like many people Ive heard has.
  7. JW I hope you are right. Can you link me to the article from the CBI that states they will revalue first ?? Every article I have read out of Iraq states that they will redenominate first. Catmandus sysnopsis holds water though because there simply is not enough cash to cover the explosion of millionaires. I do realize that we wouldnt need that much cash right off the bat because they would use credits in a computer from the treasury but it still is hard to think about when you look at Catmandus figures which are a logical scenario. Im hope noone thinks Im trying to be a downer, Im just trying to make sense of all of this and really get the truth. What gives me hope is I read the history on Kuwait and even though their situation was different, they revalued their money over night and the people that were invested in it did make millions. I honestly did look at this like a lottery because that is the way it was proposed to me and everyone I know so although, I am thankful and I never invested more than Id miss, I did have visions of grandeur for a year now and its a hard pill to swallow knowing it is likely it will not happen. Im just stating the truth. Im happy that I wont lose and will make a little profit but I could have invested in everyday stocks and not had the mental rollercoaster ride had I known this was the more than likely scenario. Any other information that will debunk this whole thing ???
  8. Thank you very much for that explanation. I really appreciate. Now I guess its time to go buy the biggest bottle of Bourbon and get hammered drunk as I feel bamboozled , hoodwinked, and deceived. It seems to me that this was the obvious scenario that should have been put out there all along BUT everyone Ive come into contact with that has anything to do with this investment has been living in a fantasy world that we all will make millions off of a $ 1200.00 investment. Even on this board right now today, tomorrow, and for months on end people will come here and every other Dinar board in the universe and make people think that someone can invest $ 1200.00 and make millions. Thats why so many people buy the Dinar. I just dont understand why this scenario, which is the obvious scenario isnt talked about as what is going to happen and why Adam and others allow the fantasies to continue ?? What gives ??
  9. Atheist.....why do you want to be negative ??? My investment group are a bunch of people in my town that invested in the Dinar....we arent financial advisors my friend. Im asking for a simple explanation....thats all...why the negativity ??
  10. I say booooooooo too......I want to make some serious coin !!!!!
  11. JWJW11.....I dont see how you cant say its not a LOP if they adjust prices down after the redenomination. It would make the value of a 25000 dinar note stay the same as a 25 Dinar note but when we go to cash in we would make a minimal amount after the revaluation. Explain your point that there will be no LOP please.
  12. So you are saying that the dream of making millions isnt going to happen ?? From my research I found that anyone that was invested in the Kuwaiti Dinar back when it revalued made millions but its not possible on this investment because of the RD (LOP) ?? Is that what you are telling me so I can relay this to my investment group ?? Thanks......any other comments are greatly appreciated.
  13. Im not asking anyone to believe it but when I saw that email I couldnt recall anyone ever putting that scenario out there. I went back last night and watched the videos that came out in the last week or so and the interviews of the Iraqi people caught my attention. They are very weary of this change and are scared of what it may do to the market and it got me thinking that if they started changing the price of goods , it would create dissention. But if you think about it, if they redenominate, the prices have to change with it wouldnt they ?? If the prices change with the redenomination then I dont see how we arent screwed on the instant millionaire dream. Dont bash me, just give some reasonable thoughts on this scenario. I have no clue if it is a real scenario.....I have no clue if that guy in Iraq has a clue what the heck he is talking about.....I just want someone to debunk this so I can feel better about it.
  14. I am happy to make any money on it as well but you know how it is, you get caught up in the dream of being able to have life changing money so its tough to deal with the thought of it not happening after this year long rollercoaster ride. Have you heard of this explanation of the LOP before ???
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