tag:blogger.com,1999:blog-5596379580203915255.post2157049919971919700..comments2023-05-16T02:24:23.898-07:00Comments on Dinar Douchebags: Dirty FloatUnknownnoreply@blogger.comBlogger43125tag:blogger.com,1999:blog-5596379580203915255.post-67521228382630591632013-08-19T18:14:20.755-07:002013-08-19T18:14:20.755-07:00I'm all for capitalism. But I'm also for ...I'm all for capitalism. But I'm also for honesty, and it's dishonest to suggest that a website can't be doing anything wrong or misleading just because they're not being paid by a dealer. <br /><br />If you've managed to make a profit on the dinar then congratulations. I can assure you the increases you have seen weren't on any of the gurus' radar screens or pre-announced on any rumour website. You might want to consider taking profits before Iraq redenominates because it could be a bit tricky doing so afterward. <br /><br />As for the US Treasury holding dinar, they only hold enough for daily transactions and hold no dinar for investment purposes. That was stated in last year's indictment of Brad Huebner and Rudy Coenen, but you won't read that fact on the rumour sites. <br /><br />Honest websites? Seriously? They post lies under the guise of "rumours". Those lies affect lives. They influence people into making tragically bad investment choices. What I'm doing isn't defamation. It's consumer protection. Perhaps you should read the definitions of liable and slander. To qualify, your statements must be untrue. What have I stated that isn't true?Sam I Amhttps://www.blogger.com/profile/11609519627791409673noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-58237608006969363852013-08-19T15:31:32.609-07:002013-08-19T15:31:32.609-07:00I'm unclear as to what the problem with making...I'm unclear as to what the problem with making money from the sites you point out... Last I checked we were a capitalist Country that encouraged new business. I purchased Dinar many years ago and its price per million has closed to doubled so to argue the investment as non profit is absurd. Words of advise buy on the rumor sell on the news. Understand that you should be informed in any investment and you should not invest more than you can afford to lose. There are thousands of intelligent informed investors involved in dinar investment. Our own treasury department holds an undisclosed amount of dinar but its rumored to be in the 100 billions. Do what you will but to bash folks for running an honest website is juvenile at best and your site is ridiculous and unfounded. I would almost venture to guess that if you continue your path of defamation it wont be long until you get the attention you deserve, served civil suit style, for liable and slander as your blog clearly could damage the site owners in the form of lost revenue just to name one of personal liabilities you have created. <br />Good day.<br />P.R. Hancock JD PS stop the madnesshttps://www.blogger.com/profile/07213717321729460387noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-23943101702278534822013-08-05T16:44:31.620-07:002013-08-05T16:44:31.620-07:00Yea that's cool i figured that because i had j...Yea that's cool i figured that because i had just listened to that song on YouTube before i went on this site because they released their new album on July 31. If you listen to it and you like rock it will make you feel like you can carry the world on your shoulders :-)crc123https://www.blogger.com/profile/17893067838530027133noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-86468565960841455212013-08-05T15:08:01.434-07:002013-08-05T15:08:01.434-07:00Google AdSense does read your mind in a way. Your...Google AdSense does read your mind in a way. Your cookies reveal your browsing habits and Google selects an ad to run based on that. I've actually been accused of hypocrisy by some people because I run a blog debunking the dinar investment even though I supposedly run dinar ads on the blog, but those ads appear because the users have been visiting dinar sites. If they had been browsing lingerie sites they would probably see a Fredericks of Hollywood ad. All I do is sell the ad space to Google and they handle the rest.Sam I Amhttps://www.blogger.com/profile/11609519627791409673noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-16626777055315713362013-08-05T15:02:26.683-07:002013-08-05T15:02:26.683-07:00I can vouch for the fact that there's not much...I can vouch for the fact that there's not much money in debunking the RV. All that I've managed to do with my Google revenues is make up for what I lost when I sold my dinar. But at least I can sleep at night.Sam I Amhttps://www.blogger.com/profile/11609519627791409673noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-67231400919550395402013-08-05T13:26:33.568-07:002013-08-05T13:26:33.568-07:00yea I guess so, but on a more important note (lol...yea I guess so, but on a more important note (lol), at the bottom of the page an advertisement for five finger death punches new album was flashing, it is awsome, if any of you like rock their song "lift me up" is the one I like best so you all should check it out. Its like the web page was reading my mind that I wanted to listen to the song :-).crc123https://www.blogger.com/profile/17893067838530027133noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-72856057714939878312013-08-05T12:12:38.571-07:002013-08-05T12:12:38.571-07:00Hahaha.....all you need to know is that RVs are ma...Hahaha.....all you need to know is that RVs are made fantasy. Once you come to terms with that fact then feeling out different postions becomes irrelevant. Dinarckhttps://www.blogger.com/profile/16878623693877258701noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-8457344112111803062013-08-05T10:28:08.258-07:002013-08-05T10:28:08.258-07:00I agree it was misleading so just to clearify, I d...I agree it was misleading so just to clearify, I do care if it is possible, I just don't know if it is possible my self which is why I am neutral and want people that know if it is to give me thier views. So hopefuly it is some what clear why I wanted your view. Sorry it did not appear to me misleading until you commented so thanks for letting me clearify. I appreciate you giving your information which has helped me see what different people have to say on the topic and now that I have cleared this up I have now accomplished what I wanted :-). Thank you all, crccrc123https://www.blogger.com/profile/17893067838530027133noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-88378588295153224822013-08-05T09:15:07.073-07:002013-08-05T09:15:07.073-07:00I don't understand your statement. If you do ...I don't understand your statement. If you do not care if an RV is possible, then why are you interested in hearing views on the subject? If you do not understand that an RV is impossible, as your "neutral" stance seems to imply, then you also do not understand the issues.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-24305761597581364332013-08-05T08:58:46.150-07:002013-08-05T08:58:46.150-07:00I really know or care if it is possible, that was ...I really know or care if it is possible, that was not really my point for commenting, I just wanted to see your views on the subject, that is all. I did that and I have acomplished that because of you all responding to my first question, so now you all can stop trying to persuade someone that is neutral that just wanted to feel around for both sides views. Thanks for giving your views on the subject and this will be my final comment. crc123https://www.blogger.com/profile/17893067838530027133noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-29727896860985415372013-08-05T01:22:03.561-07:002013-08-05T01:22:03.561-07:00LOL. There are also more 5x more people who send &...LOL. There are also more 5x more people who send "pro Nigerian spam e-mail" than "anti-spam services". As jrg said, that's where the money is (if you're dishonest enough). The reason the general populace doesn't create a ton of "anti RV" sites is because to 99% of the population, it's pretty self-evident why people like "Ali" of Dinar Trade are now millionaires (from the huge cut in selling Dinar and buying your $ at ripoff 20% spreads), whereas people who buy & hold Dinar for years on end haven't even broke even, and still can't even grasp basic concepts like <i>"chronic inflation is not 'forgotten hidden wealth' just 'waiting' to be shared out"</i>...<br /><br /><br /><b>crc123 -</b> <i>"both sides have brought up good points and both try to prove the other wrong with their facts"</i><br /><br />Most "facts" by the RV crowd are simply wild misinterpretations or flat-out lies. Like "1 Dinar = $3", which simply wasn't a real peg outside of Saddam's mind. Or Kuwait's "RV" which simply didn't exist at all. When Saddam invaded Kuwait, its internal black market rate spiked (inside Kuwait) when some Kuwaiti's panicked, <a href="http://upload.wikimedia.org/wikipedia/commons/2/2d/KWD_against_USD.PNG" rel="nofollow">but its international value didn't change at all.</a> This is a measurable objective mathematical fact not someone's opinion which has "equal merit" when "shared" in a certain way, on certain "anything goes" forums if you "want to believe" enough.<br /><br />The RV bunch also spent years claiming "facts" like <i>"Iraq has taken 70% of banknotes out of the money supply"</i> or laughably that <i>"Iraq's money supply has shrunk to 3tn"</i>, which is debunked right there on the Statistics section of the CBI's own website, and updated every single month (and by everyday Iraqi's). When "reminded" of these past pumped 'facts' on pumper controlled forums (DinarVets, etc), such "trouble-making" posts get rapidly deleted (censored) within 5 minutes and the poster's account banned - simply for quoting the pumpers own "facts", claims & predictions back to them.<br /><br /><i>"There's 5x more pro-RV sites so it must be true"</i> and <i>"no-one can possibly know what will happen when Iraq says they'll redenominate dozens of times"</i> <a href="http://dinardouchebags.blogspot.co.uk/2013/05/scam.html?showComment=1369387102439#c4427800263595211766" rel="nofollow">are simply the two propaganda tactics of "Appeal to Popularity / Bandwagon" and "Appeal to Ignorance</a><br /><br />If there were no price-redenomination (lop) and people believed the "RV" would mean 1 Dinar = $1 or even $3, then do people really think that an Iraqi who bought an old 2nd hand Toyota for 3m Dinars (approx $2.5k), would suddenly be able to sell it for $2.5m-$7.5m internationally (whilst brand new Toyotas from Japan still cost $12k-$30k)? If not, then they're admitting the "RV" is nothing more than a fake peg that would not even remotely reflect the normal prices of goods for international trade.<br /><br />The 99,000-297,000% RV is flat-out wrong - not subjectively in the sense of a "clash of opinions" - but objectively in that <b>It's mathematically impossible for a country to have more money in circulation than the whole planet of every currency on Earth combined of which Iraq's economy makes up about 0.5%</b>.<br /><br />If you see nothing wrong with Iraq having a $90,000bn-$270,000bn money supply with only a $120bn economy, and if you see nothing wrong with Iraq having internationally priced $1,000-$3,000 loaves of bread go ahead and buy some - you're just the "right" kind of person who would fit perfectly into "suspension of critical thinking" pumper forums...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-7397796545125136952013-08-04T23:35:41.386-07:002013-08-04T23:35:41.386-07:00Of course there are more web sites that promote an...Of course there are more web sites that promote an RV than there are sites that debunk the RV myth, there is money in the first but not the second. If you think an RV is possible, then just explain how. Where will the money come from? No one on any of these sites has ever been able to do so as far as I know. All they do is doge the question.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-18492121558766506172013-08-04T17:23:37.795-07:002013-08-04T17:23:37.795-07:00Like the stat, took a while to find that Didn'...Like the stat, took a while to find that Didn't it :-), look i just wanted to see ur views because I'm just feeling around, so i got that and thank you but overall I'm done. I have stayed mostly neutral on the subject but have seen both sides and i have looked around the internet and will say i have seen at least 5 to 1 sites that are pro rv so that has just been my observation and IN MY OPINION :-), both sides have brought up good points and both try to prove the other wrong with their facts. You all have been great to talk to and i wish you all a good luck in life :-). crc123https://www.blogger.com/profile/17893067838530027133noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-85820252894687452502013-08-04T16:37:55.489-07:002013-08-04T16:37:55.489-07:00"Eventually something will happen" seems..."Eventually something will happen" seems to be a predominant view among dinar investors. The problem is: something doesn't have to happen. And it won't, at least not as far as an RV is concerned. But as long as there is a future, the douchebags can claim it's still coming, it's just a function of "when". That keeps the suckers from dumping their VIP memberships or web site subscriptions or selling their dinar. After all, if someone never sells their dinar, they'll guarantee 100% loss on their "investment". networthhttps://www.blogger.com/profile/14434221904296078286noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-33799734268318895582013-08-04T13:58:24.773-07:002013-08-04T13:58:24.773-07:00You have a better chance of hitting the powerball ...You have a better chance of hitting the powerball lottery than you do Iraq increasing the dinar value by 100,000%. <br /><br /><br />That isn't opinion. That is fact. <br /><br />I guess its fun to pretend that "nobody knows" and that all statements of fact and reality are just "opinion". Dinarckhttps://www.blogger.com/profile/16878623693877258701noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-78861782588803411492013-08-04T13:34:34.359-07:002013-08-04T13:34:34.359-07:00This is a blog site and is based on opinion so wha...This is a blog site and is based on opinion so what evs bro ;-)crc123https://www.blogger.com/profile/17893067838530027133noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-45098966710162222462013-08-04T09:13:31.707-07:002013-08-04T09:13:31.707-07:00I at least would not call investing in something w...I at least would not call investing in something where there is no possibility of a good return as "going big".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-85707546539743320712013-08-03T18:13:05.149-07:002013-08-03T18:13:05.149-07:00#yolo, #fish, #gobigorgohome, crc123 out!#yolo, #fish, #gobigorgohome, crc123 out!crc123https://www.blogger.com/profile/17893067838530027133noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-22372706475503074662013-08-03T09:02:35.689-07:002013-08-03T09:02:35.689-07:00ctc123: One of the most common ploys of the pumper...ctc123: One of the most common ploys of the pumpers is "well its just your opinion and no one really knows what will happen". That is true in the sense that no one has full knowledge of the future but, it is also true that Iraq can only choose to do what is possible to do and a RV is not possible. An RD is possible and they may or may not choose to execute one. So despite not knowing just what the future will bring, we know an RV can not happen just as while we do not know what group or country will go to the moon next and exactly how they will get there, we do know it won't be by bicycle.<br /><br />Another common guru tactic is just denying history. As Sam points out, the key fact is that Iraq has a hyper-inflated currency. They suffered years of massive inflation under Saddam so while the value of their money supply was not lost, it is spread out over a huge amount of low value currency. Its almost impossible to "unprint" currency. Most efforts by central banks along these lines are just to reduce the growth of the money supply or maybe contract it by a fraction of a percent. So the only way to reduce the money supply by 100,000% is to redenominate.<br /><br />The idea that a fiat currency (of which all the worlds currency are these days) can simply be set to any value the country wants is again just nonsense despite what the gurus tell you. The value of a pegged currency is limited by the ratio of the money supply to their foreign reserves. That is simply due to the fact that if a central bank pegs their currency that is a contract that they will exchange at that rate for all comers and thus they have to have the reserves to do so. For Iraq those exchangers are mostly the Iraqi's themselves needing dollars to buy imported goods since they little other than oil to sell to the world and that is sold in dollars. That is what the auctions are about. Think about those amounts of currency, 0.5T-1.5T IQD per week is exchanged for dollars. If the exchange rate were raised to 1 USD to 1 IQD, a single auction day would empty all of the CBI's foreign reserves and then the currency would have no value at all. <br /><br />We don't know if they will execute an RD or not, but it certainly is a possible, even likely outcome at some point. An RV on the other hand is simply not possible, such a thing does not exist. Iraq (like everyone one else) can only choose what to do from the array of what is possible to do, and suddenly having a money supply (75T dinar) valued at more then the entire rest of the world's money supply combined (around 50T dollars), is not in the realm of possibility. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-87102401987888210302013-08-03T06:26:46.408-07:002013-08-03T06:26:46.408-07:00It's not a matter of views or opinions. What ...It's not a matter of views or opinions. What I listed are facts. No currency has ever appreciated 100,000%, 10,000%, 1,000% ... etc. Currencies don't do that. Germany didn't appreciate their currency back to its pre-war level. They redenominated. Look it up. Whatever conclusions you come to about the dinar need to be based on facts, not lies or distortions by people with ulterior motives. Hopefully you'll take the time to get the facts and make the right decision. Best wishes. Sam I Amhttps://www.blogger.com/profile/11609519627791409673noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-17567668470084030412013-08-03T05:59:03.189-07:002013-08-03T05:59:03.189-07:00That's cool i understand that you have your vi...That's cool i understand that you have your views and other people have different ones so until something actually Happens one side will say the other is wrong then they will say they are wrong but eventually something will happen that will prove the other wrong once and for all, so thanks for commenting.crc123https://www.blogger.com/profile/17893067838530027133noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-91935627256718945572013-08-02T22:32:39.244-07:002013-08-02T22:32:39.244-07:00Hi crc123. The first problem with your comment is...Hi crc123. The first problem with your comment is that the $3.22 value wasn't internationally recognized. There had already been a great deal of depreciation due to Saddam using the reserves and borrowing money to fund the war with Iran. Saddam set the value at $3.22 but the market value was closer to 33 cents. Then the sanctions drove the value further down to 3000:1 in 1995 according to the CBI website. You'd have to go back about 30 years to see a value of $3 or more that was considered legit. The second problem is that once a currency has depreciated due to hyperinflation there are basically two choices. You either leave the value in that state like Japan, S. Korea, and Vietnam have done or you redenominate like Turkey, Romania, Brazil, Russia, and dozens of other countries have done. You never see a currency reverse the trend and return to its former value because that would destroy the economy. Currency isn't stock, and one of the biggest lies told by the pumpers is that the dinar is like an undervalued stock in a company that has been turned around as is now profitable again. <br /><br />In regards to the link you gave us, it's pretty typical of the guru/pumper BS I've been opposing for the last couple of years. You notice that they quote the State Dept and the Wall Street Journal but they don't provide links to support what they said. The IQD isn't increasing rapidly as the site says. It's gone up a third of 1% in the last 4.5 years. It did increase in value 26% when they were bringing inflation back down to an acceptable level from 2006 to 2009, but that's about it. And the references to Germany and Kuwait are both typical pumper misrepresentations. Germany redenominated from the old reichsmark to the deutschmark after WWII. There was no big RV there. And Kuwait didn't RV either. The only place you could buy the Kuwaiti dinar at ten cents was on the black market in the region around Kuwait. The official value didn't change. So I'd say the site isn't credible. Hope that helps. Sam I Amhttps://www.blogger.com/profile/11609519627791409673noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-3688790700450800512013-08-02T21:22:35.329-07:002013-08-02T21:22:35.329-07:00I see the points that are being made but before th...I see the points that are being made but before the first gulf war the dinar was valued at $3.22 until the UN embargoed Iraq, so that fact being stated they were essentially cut off from trade creating inflation to .30 and now to a worse rate. Now that chapter 7 has been lifted they are now taken off restrictions from international trade, why can't the dinar rise back to near its previous rate of $3.22? I also found a page that had a .org after the url so i was wondering what you all thought about it, so check it out if you want. http://buydinar.org/DinarFacts.html Wanted to know if you all thought it was credible, so let me know. Thanks :-)crc123https://www.blogger.com/profile/17893067838530027133noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-79476392489253083032013-08-02T20:44:46.378-07:002013-08-02T20:44:46.378-07:00Enorrste at least had the guts to come here and at...Enorrste at least had the guts to come here and attempt debate which leads me to believe that he may stand behind the idiocy that he spouts and may even believe most of it. (Same with SWFG) Maybe years of being praised by hundreds as an "RV" genius has gone to his head and he just cannot come to terms with the fact that his thinking is beyond flawed even after he has been shown to be foolish by many on this site. I think he got a dose of something that he isn't use to in the dinar world. Reality. <br /><br />Krap on the other hand is a gutless coward straight out dinar pumper who knows better than to show up here because he knows he would be destroyed because he knows everything he spouts is fabricated nonsense with absolutely zero facts to back it up which is why he needs to stay in a forum (or forums) in which he can ban and censor anyone who would dare call him out on the lies. That's just my opinion on Kraper-pony. Not sure either how he is profiting but somewhere behind the scenes he is probably getting kick backs from dinar sales. <br /><br />Others like Not-so-Breitling and Montana in my opinion definitely know that RVs are bogus but are profiting from the lies so they have made it their full time jobs to confuse, distort facts, make up history, and manipulate the gullible into a cult like trance.<br /><br />You are right though Sam.....no matter what their motivation the bottom line is that they are misleading thousands and its good that there is voices of warning amongst the sea of deception. Dinark443https://www.blogger.com/profile/16029606828136857590noreply@blogger.comtag:blogger.com,1999:blog-5596379580203915255.post-49564015353541844822013-08-02T19:40:58.366-07:002013-08-02T19:40:58.366-07:00I've been observing these guys for a couple of...I've been observing these guys for a couple of years now, and I think I probably know as much about them as anybody apart from the scammers themselves and law enforcement. I believe that what you have here is a mix. Some like TerryK and TonyTNT are out and out posers and know that almost everything they say is a lie or distortion. Some know that they're lying about some of the stuff but believe that some of it is true and they justify the lying because they believe that overall there is hope of an RV. Think Breitling and WangDang. Then there are people who believe everything that they are saying. I would put footforward (my personal favorite) and maybe Stryker in that category. Some like Kap and Enorrste I haven't figured out yet. I don't see how they can believe what they're saying but I don't really see how they're profiting from it either.<br /><br />I have concluded that the motivation isn't really the issue with me. It's like I've discovered a bridge that has collapsed. I don't care if it collapsed on its own, or from an accident, or was deliberately destroyed. I need to warn people about it until the authorities arrive and close it down. Some of these guys feel that they're providing an imporant service and that I should leave them alone, but that's not gonna happen. I'm not going to just go away and let people drive off into the dinar river because some guru thinks that their intentions are pure. If they're going to put it out there I'm going to comment. It's that simple. Sam I Amhttps://www.blogger.com/profile/11609519627791409673noreply@blogger.com