View Full Version : Is it possible for too many people to invest?
07-15-2004, 04:02 PM
I suspect that only a small portion of Americans are buying the dinar. What happens if (when) it becomes more popular and millions of people are doing this?
Will the value decrease?
Also, when is the Dinar supposed to be traded on the global market?
(im new here)
07-15-2004, 09:56 PM
If the dinar is bought by million of americans, its price will rise until the supply meets the high demand. There is a limited amount of dinars on the market (luckily the Central bank of Iraq has not started printing more money) so its price is just a function of the demand for dinars and the finite amount of it available.
07-16-2004, 01:31 PM
Keep in mind that there will be a lot of selling too. Many people bordering Iraq put there life savings into the dinar. Many of them will be selling, but the rest of the world will probably be buying.
The initial release will probably drive the price up which will induce more selling but should gain stability within 30 day's. It's much like an IPO, the feeding frenzy and then it starts to stabilize.
Powered by vBulletin® Version 4.2.0 Copyright © 2013 vBulletin Solutions, Inc. All rights reserved.