Cyprus -> Bitcoin Will Go Super-High - page 2.

freespirit

full member

Activity: 183

Merit: 100

Quote from: alexeft on March 19, 2013, 03:27:29 PM

The proposal didn't go through the parliament of Cyprus.

Let's see what happens now. Shocked

It does not make any difference now. The damage has been done the moment they announced this "tax" and froze all bank transfers / kept the banks closed.
As soon as they reopen the banks, people will take out whatever they [still] can.

alexeft

legendary

Activity: 854

Merit: 1000

Quote from: nwbitcoin on March 19, 2013, 03:37:02 PM

Cyprus is getting very messy.

I think bitcoins are the last thing on their minds. It looks like the Russians are trying to buy them from the EU!
Wink

popcorn time?

Yep, it is said that their prime minister is flying to Russia to ask them to buy two banks for one (!!!!) euro!!!
Anyone?

nwbitcoin

sr. member

Activity: 294

Merit: 250

You are a geek if you are too early to the party!

Cyprus is getting very messy.

I think bitcoins are the last thing on their minds. It looks like the Russians are trying to buy them from the EU!
Wink

popcorn time?

klee

legendary

Activity: 1498

Merit: 1000

Quote from: alexeft on March 19, 2013, 03:27:29 PM

The proposal didn't go through the parliament of Cyprus.

Let's see what happens now. Shocked

Euro(pean) collapse!

Warning: DUMP ALL you euros!!! (Maybe USD will follow)

alexeft

legendary

Activity: 854

Merit: 1000

The proposal didn't go through the parliament of Cyprus.

Let's see what happens now. Shocked

pyra-proxy

hero member

Activity: 490

Merit: 500

Quote from: bonker on March 19, 2013, 02:36:13 PM

It takes some epic fundamentals to get me bullish and this Cyprus event is the pretty big. In case you haven't heard, the Cypriot Gov in planning on taking 6-10% of the bank savings of the population. Who the fuck is going to trust money in the bank any more???

This pattern of activity is just the start. Once Italy or Spain start looking shakey, money is going to fly out of their banks in fear that it will get confiscated.

This will be the key opportunity for Bitcoin to step in as the major convenient and safe store of wealth. Then watch it fly: $100.. $200.. $1000.... $2000 .... the sky's the limit.

Don't forget to add that New Zealand is now tabling a simillar proposal: http://rt.com/business/new-zealand-cyprus-style-banking-failure-solution-477/

Does that make you more bullish? :-) Does me :-) Actually this nasty precedent seems to have started spreading quicker than I even thought it would, and I expected it to spread..... but just not this quickly....

wormbog

hero member

Activity: 561

Merit: 500

Gentlemen, welcome to the new wealthy elite.

I'm going to start lighting my cigars with paper wallets. I can't wait to start crushing the little people that try to get in my way!

bonker

hero member

Activity: 784

Merit: 502

It takes some epic fundamentals to get me bullish and this Cyprus event is the pretty big. In case you haven't heard, the Cypriot Gov in planning on taking 6-10% of the bank savings of the population. Who the fuck is going to trust money in the bank any more???

This pattern of activity is just the start. Once Italy or Spain start looking shakey, money is going to fly out of their banks in fear that it will get confiscated.

This will be the key opportunity for Bitcoin to step in as the major convenient and safe store of wealth. Then watch it fly: $100.. $200.. $1000.... $2000 .... the sky's the limit.

Topic: Cyprus -> Bitcoin Will Go Super-High - page 2. (Read 4150 times)