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Topic: Bitcoin to hit +$10,000 on Bitstamp this weekend... - page 2. (Read 12143 times)

sr. member
Activity: 476
Merit: 250
Seeing as I don't want to hold any more bitcoin while we are still in a downtrend, and I don't want to wait for the SEPA withdrawal process on Bitstamp, I've decided to sell some BTC through localbitcoins - and after every sale, immediately buy the same amount of BTC back at stamp with the dollars I have there. Hopefully I'll be able to get a decent amount of fiat out that way.
legendary
Activity: 1212
Merit: 1037
Just ic case, I've also taken all my $ and coins out
full member
Activity: 126
Merit: 100
Unicredit Slovenia needs an additional €14m.

That's not that bad Tongue Austrian Hypo Alpe-Adria has ~€25bn of NPLs..
sr. member
Activity: 476
Merit: 250
Slovenia's smaller lenders are starting to announce how much money they'll need to raise, under the recapitalisation plan being announced this morning.

Unicredit Slovenia needs an additional €14m.
full member
Activity: 126
Merit: 100
Jörg Asmussen, a member of the executive board of the ECB, stated that if required a troubled bank needs to shut down over a weekend. Slovenian banking stress test incoming  Roll Eyes

http://deutsche-wirtschafts-nachrichten.de/2013/12/11/asmussen-bank-muss-ueber-wochenende-abgewickelt-werden-koennen/
sr. member
Activity: 476
Merit: 250
Latest news:

http://www.theguardian.com/business/2013/dec/12/markets--fed-tapering-slovenia-bank-clean-up-business-live


In its new report, just released, Slovenia's central bank gives some details of the €4.758bn cost of cleaning up the banking sector of its bad debts.

The country's biggest three banks need €3.12bn, which will be paid through government funds and bonds.

Another five banks need a total of €1.6bn - and have been given until June 2014 to raise the funds on the private markets.

Slovenia's central bank also said that the operation will take the country's national debt to 75.6% of GDP.
newbie
Activity: 24
Merit: 0
Bummer I transferred 10k to BS an hour before reading this.  Last time I got same day processing, hope I can get it out quickly enough.
legendary
Activity: 1260
Merit: 1008
I've gone all BTC and transferred out for this reason. Probably unnecessary, but I'd rather play it safe.

I did the same, better to be on the safe side.
sr. member
Activity: 448
Merit: 250
Any updates here? Once again CNBC is magically ignoring it, if this wont affect BTC price, then it definately will affect (for the worse) my XIV. Want to get out of there before the shit accidentally hits the fan.
sr. member
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
I've gone all BTC and transferred out for this reason. Probably unnecessary, but I'd rather play it safe.
legendary
Activity: 4256
Merit: 1313
Sometimes it pays to read speculation forum. My fiat on bitstamp has magically transformed itself into BTC.

Is the btc transferred to your own address? If it were me, I would worry that if they freeze their bank accounts, the might get a clue and freeze their hot and cold wallets (or just turn off transfers out).

Better to have it out since you can transfer it in later than not.

I agree, but when you actively trade, you have no choice. You have to accept this possibility

Definitely true, but if they are really worried about something this weekend, it might be prudent to take a break.

:-)

Edit: sickpig makes a good point.
legendary
Activity: 1260
Merit: 1008
Sometimes it pays to read speculation forum. My fiat on bitstamp has magically transformed itself into BTC.

Is the btc transferred to your own address? If it were me, I would worry that if they freeze their bank accounts, the might get a clue and freeze their hot and cold wallets (or just turn off transfers out).

Better to have it out since you can transfer it in later than not.

I agree, but when you actively trade, you have no choice. You have to accept this possibility

sure right you are, but another possibility is to move a part of your btc to another trade market? no?
hero member
Activity: 966
Merit: 501
Sometimes it pays to read speculation forum. My fiat on bitstamp has magically transformed itself into BTC.

Is the btc transferred to your own address? If it were me, I would worry that if they freeze their bank accounts, the might get a clue and freeze their hot and cold wallets (or just turn off transfers out).

Better to have it out since you can transfer it in later than not.

I agree, but when you actively trade, you have no choice. You have to accept this possibility
legendary
Activity: 4256
Merit: 1313
Sometimes it pays to read speculation forum. My fiat on bitstamp has magically transformed itself into BTC.

Is the btc transferred to your own address? If it were me, I would worry that if they freeze their bank accounts, the might get a clue and freeze their hot and cold wallets (or just turn off transfers out).

Better to have it out since you can transfer it in later than not.
sr. member
Activity: 442
Merit: 250
Banks with problems in Slovenia are mostly banks, which are in the hands of state... Our country is still in a hands of old politcs and they (their figures) are/were giving big credits to their rich and greedy friends without insurance. Now they can not return them.
Unicredit Slovenia is a branch of Italian Unicredit Group... As I know this bank is not on a list...  Wink
sr. member
Activity: 420
Merit: 251
Moon?
Sometimes it pays to read speculation forum. My fiat on bitstamp has magically transformed itself into BTC.
hero member
Activity: 531
Merit: 501
The great and the good of Slovenian politics have converged tonight to decide who's going to pay for the bailout.

Quote

Ljubljana, 11 December (STA) - The leaders of the four coalition parties will meet on Wednesday evening to be briefed about the results of stress tests carried out at eight Slovenian banks, according to unofficial sources. The results are expected to be presented to the public on Thursday.

http://www.sta.si/en/vest.php?s=a&id=1956752


How exciting!
sr. member
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
hero member
Activity: 531
Merit: 501
hero member
Activity: 658
Merit: 500
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