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Topic: Deutsche Bank: How long before it crashes now? - page 3. (Read 5559 times)

hero member
Activity: 1008
Merit: 1012
I think because they bailed out so many countries in the EU. Why do you think Britain wanted to seperate from EU in the first place? Because they saw this coming and didn't want to be a part of it. They just screw you guys were staying home Tongue
And with the influx of all those migrates didn't help any of their economy much either because they have to pay for them now. Undecided
legendary
Activity: 1904
Merit: 1002
DB crash is good for the $, and consequently, bad for bitcoin  Kiss

DB crash would be bad for the euro and consequently good for bitcoin.  Currency volatility in general is also good for bitcoin since it opens arbitrage opportunities.
bitcoin is backed by fiat again, if DB down, fiat down then so do the bitcoin. we need the bitcoin backed by the commodity, before the bank crashes, or the bitcoin is dead again. Roll Eyes

Bitcoin is not backed by fiat, it is priced in fiat.  It could easily be priced in gold or look if someone wanted to make a direct trade of bitcoin for commodities.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
Germany has publicly said that they won't bail out any bank.
But if Deutsche Bank really looks to be collapsing, they will look at alternative means (other than bail out) to prevent its collapse.

after all they are the only one that can save a bank by bailing it out, so i don't think they will let their bank collapsing without doing anything, it's obvious that a germany bank can not fall before other bank from other country, it's is just having some bad run in these days
legendary
Activity: 966
Merit: 1042
DB crash is good for the $, and consequently, bad for bitcoin  Kiss

DB crash would be bad for the euro and consequently good for bitcoin.  Currency volatility in general is also good for bitcoin since it opens arbitrage opportunities.
bitcoin is backed by fiat again, if DB down, fiat down then so do the bitcoin. we need the bitcoin backed by the commodity, before the bank crashes, or the bitcoin is dead again. Roll Eyes

What the fuck are you talking about??? Are you kidding me?! Bitcoin is not and never will be backed by fiat. Don't ever fucking spew that shit from your mouth again. Google it right now and stfu.

Quote
As an investment, is Bitcoin a sure thing?
Bitcoin is a new and interesting electronic currency, the value of which is not backed by any single government or organization. Like other currencies, it is worth something partly because people are willing to trade it for goods and services. Its exchange rate fluctuates continuously, and sometimes wildly. It lacks wide acceptance and is vulnerable to manipulation by parties with modest funding. Security incidents such as website and account compromise may trigger major sell-offs. Other fluctuations can build into positive feedback loops and cause much larger exchange rate fluctuations. Anyone who puts money into Bitcoin should understand the risk they are taking and consider it a high-risk currency. Later, as Bitcoin becomes better known and more widely accepted, it may stabilize, but for the time being it is unpredictable. Any investment in Bitcoin should be done carefully and with a clear plan to manage the risk.

Source: https://en.bitcoin.it/wiki/Help:FAQ

Fucking joke.. Jesus Christ... Are you shitting me? Use your original newbie account, not this bought one. Someone might mistakenly take you seriously. If this isn't bought you'd better fucking research what website you've been posting on for almost 2 years! Holy shit. Get the basics down, then start spamming the forum like all the illiterate sig spammers do.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
I think the stock is undervalued at the moment, because for all the bluster the German government wouldn't let it fall over.
Governments seem to do whatever they feel at that moment. Take SNS bank for example. nytimes:
Quote
In this case, Mr. Zannakis would lose the entire €50,000, or $65,000, he invested in SNS bonds only two weeks earlier, as part of a class of junior bondholders who saw a total of €1.8 billion disappear into the Dutch government’s ledger.

Suddenly, the rules seem to have changed — with potentially unpredictable implications for Europe’s banks and their investors.

Quote
According to the CEO of Deutschebank they are making plenty of money and are stable enough
What else would their CEO say? Of course he says that! What you should ask yourself is why he says it. How many CEOs of companies that are actually doing good feel the need to say this?
legendary
Activity: 2688
Merit: 1192
According to the CEO of Deutschebank they are making plenty of money and are stable enough, hence the slight recovery in the share price lately. I think the stock is undervalued at the moment, because for all the bluster the German government wouldn't let it fall over. I think it's a bit rich for the Americans to fine all these foreign firms such high amounts when American banks get away with fines for a fraction of these amounts.
legendary
Activity: 1288
Merit: 1087
There isn't really a correlation between Bitcoin and any other world events or markets. Any time it has occured in the past is because speculators and traders deduced or claimed such a connection on their own. Bitcoin is way too small and unweildy to be used for any kind of capital flight. Of course the USD price of bitcoin, however, will have minor deviations in its trend to adjust the forex value of the dollar measured by the US dollar index - arbitrage will ensure that.

this about times 1 million. people really need to get real and realize any world event is an excuse for the same old traders to have a little fun.

maybe a trickle of new people might show some interest but they ain't moving any prices and they probably will never
get anywhere near the exchanges. they'll use coinbase or the local equivalent or localbitcoins.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
I've only recently read about the Deutsche Bank being in trouble. I always thought the German banks were doing okay, especially since part of the reason Greece got a bail-out (hundreds of billions of euros) was to save the banks in other European countries.

The QE (quantitative easing: the introduction of new money into the money supply by a central bank) is still going on, keeping interests very low or even negative. I thought this was mainly to save the countries in Southern Europe, but banks in the West benefit too. The low interest has lead to increased lending (by governments, but also on the private (mortgage) market), hence increasing the risks.

If the Deutsche Bank is in trouble despite all these measures to try and make things better again, we're in for a bigger crisis than the last.
QE (buying bonds for 80 billion euro per month) is all they can do. ECB Policymaker Says There is no Plan B if QE Fails.

I don't dare to speculate on how this will impact Bitcoin.
legendary
Activity: 1484
Merit: 1029
There isn't really a correlation between Bitcoin and any other world events or markets. Any time it has occured in the past is because speculators and traders deduced or claimed such a connection on their own. Bitcoin is way too small and unweildy to be used for any kind of capital flight. Of course the USD price of bitcoin, however, will have minor deviations in its trend to adjust the forex value of the dollar measured by the US dollar index - arbitrage will ensure that.
I think there are correlations between the BTC price and world events, in fact I watch the current affairs as much as technical indicators - some examples of spikes were during the brexit, Greek financial crisis and during the Yuan devaluation - in those cases people actively bought bitcoin as part of a mitigation strategy and BTC usage was increased substantially in greece at that time. There isn't an immediate trend shift like there is in forex - however I can certainly see shifts in the price based on major events. A number of people see BTC as a contingency investment like gold (but gold is may more established in this field).
hero member
Activity: 728
Merit: 500
There isn't really a correlation between Bitcoin and any other world events or markets. Any time it has occured in the past is because speculators and traders deduced or claimed such a connection on their own. Bitcoin is way too small and unweildy to be used for any kind of capital flight. Of course the USD price of bitcoin, however, will have minor deviations in its trend to adjust the forex value of the dollar measured by the US dollar index - arbitrage will ensure that.
legendary
Activity: 3668
Merit: 6382
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Germany has publicly said that they won't bail out any bank.
But if Deutsche Bank really looks to be collapsing, they will look at alternative means (other than bail out) to prevent its collapse.

What politicians say and what they actually do are two far too different things.
If Deutsche Bank will fall, they'll bail it out. And now they try to help it to not get there. The reduction of fine may be the result of this.
legendary
Activity: 1582
Merit: 1006
beware of your keys.
DB crash is good for the $, and consequently, bad for bitcoin  Kiss

DB crash would be bad for the euro and consequently good for bitcoin.  Currency volatility in general is also good for bitcoin since it opens arbitrage opportunities.
bitcoin is backed by fiat again, if DB down, fiat down then so do the bitcoin. we need the bitcoin backed by the commodity, before the bank crashes, or the bitcoin is dead again. Roll Eyes
legendary
Activity: 1232
Merit: 1000
Germany has publicly said that they won't bail out any bank.
But if Deutsche Bank really looks to be collapsing, they will look at alternative means (other than bail out) to prevent its collapse.
legendary
Activity: 961
Merit: 1000
Two questions, apologies if the answers are obvious:

1. Why is Deutsche Bank in such trouble? Why do believe it will fall so easily and so timely?

2. Why will Bitcoin "obviously skyrocket as a result"? More false predictions on this Forum than upticks of the price in a day!

Thanks.

 1. The DoJ levied a fine of $14b against Deutsche Bank for the mis-selling of sub-prime mortgage loans packaged as securities.  They had only set aside about $5b for this inevitability.

 1b. There are still many major banks in the EU that have to face the music.

 2. I'm not sure there is a correlation between the banking sector and Bitcoin although Bitcoin is touted as an alternative to central banking hence it would seem a safer haven when massive fines are being levied on the banks.

 Hey! It's a speculation thread not a rational speculation thread.  DYOD Smiley


Yes the fine levied by the DoJ will be reduced, like with every bank fine. I think the average fine is about 8bn. but anything over the 5bn + any other unplanned for fines (one announced in Italy, not sure if accounted for) puts them in need of a capital raise. That might be hard given the terrible share performance. NIRP is killing regular banks and destroying bloated behemoths like Deutsche, who are being forced to offload assets and trim down (which they have been doing, trimming their notional derivative exposure I believe). And if the German govt tries to step in to help, then other EU states will also be demanding assistance - Spanish & Italian banks are the most problematic in Europe.

Does this help bitcoin? Definitely shouldn't do it any harm, unless it triggers a global panic and becomes sell what you can, not what you want.








sr. member
Activity: 345
Merit: 250
Deutsche Bank is too big to fail in my opinion, it will get bailed out if anything shaky happens - I think that the negative press will certainly help the bitcoin price in this kind of situation, you can already see some movement with a lot of the altcoin prices falling as people are moving their funds back to BTC.
Deutsche Bank is big, sure, but no company is too big to fall. After economic crisis in 2008 many BIG financial institutions and services fall.
Have you heard about bankruptcy of Lehman Brothers? It was the largest bankruptcy filing in U.S. history, with Lehman holding over $600 billion in assets!
The bigger they are the longer the fall.

Reference: https://en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers



Satoshi invented Bitcoin to give people a chance of avoiding exposure to another Lehman Brothers like collapse. If Deutsche bank fails people have Bitcoin's safety net, and will flock to it.
legendary
Activity: 1288
Merit: 1000
Deutsche Bank is too big to fail in my opinion, it will get bailed out if anything shaky happens - I think that the negative press will certainly help the bitcoin price in this kind of situation, you can already see some movement with a lot of the altcoin prices falling as people are moving their funds back to BTC.
Deutsche Bank is big, sure, but no company is too big to fall. After economic crisis in 2008 many BIG financial institutions and services fall.
Have you heard about bankruptcy of Lehman Brothers? It was the largest bankruptcy filing in U.S. history, with Lehman holding over $600 billion in assets!
The bigger they are the longer the fall.

Reference: https://en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers

legendary
Activity: 1484
Merit: 1029
Deutsche Bank is too big to fail in my opinion, it will get bailed out if anything shaky happens - I think that the negative press will certainly help the bitcoin price in this kind of situation, you can already see some movement with a lot of the altcoin prices falling as people are moving their funds back to BTC.
sr. member
Activity: 345
Merit: 250
It's a matter of time Deutsche Bank collapses, starting a new 2008 event, just worse. Bitcoin will obviously skyrocket as a result, the question is when is it going to face it's inevitable collapse? I reckon it's going to happen anywhere next year.

I hope you're right & bitcoin does prosper from a potential Deutsch Bank crash but how do we know there won't be somebody or something to save their ass?

I know the EU is fucked & will eventually crumble but we all got excited over Cyprus & Greece & they got away with it, bitcoin didn't get anything out of their misfortune.

Deutsche Bank is Germany's only global bank, and it's big in America. Most worldwide banks have exposure to its debt, and if it falls it could bring them all down. If that happens the new worldwide banking rules let the failed banks bail themselves out by using customer's money to pay off the bank's debts.

No country wants to bail more banks out, so they all agreed to let the banks steal their customer's savings the next time they go bankrupt. There will be no government bailouts next time, and anyone who wants to keep their money safe will be looking at Bitcoin.
legendary
Activity: 1288
Merit: 1000

2. Why will Bitcoin "obviously skyrocket as a result"? More false predictions on this Forum than upticks of the price in a day!

Thanks.

Every time when traditional banking, and finance sector is in trouble - bitcoin as an alternative is gaining. Weak FIAT = strong cryptocurrency.
Fall of Deutsche Bank will undermine people's trust in banks in general - if big bank like this can fall then people's money is not safe anymore.
legendary
Activity: 1904
Merit: 1002
DB crash is good for the $, and consequently, bad for bitcoin  Kiss

DB crash would be bad for the euro and consequently good for bitcoin.  Currency volatility in general is also good for bitcoin since it opens arbitrage opportunities.
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