Deutsche Bank: How long before it crashes now? - page 4.

MingLee

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Quote from: thejaytiesto on September 30, 2016, 12:18:01 PM

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.

They're trying REALLY hard to keep it propped up right now, the media is saying that the DB is looking extremely bad under Merkle's germany. I think it'll be a while before anything big happens with it, however it is certainly shaky and I would say that almost anything can happen with it right now.

Expect the economies of basically everywhere to start getting rough really soon.

sandiman

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Quote from: Ayers on October 01, 2016, 10:01:32 AM

Quote from: sandiman on October 01, 2016, 09:11:11 AM

DB crash is good for the $, and consequently, bad for bitcoin Kiss

why good for the $? because euro will be weaker? i thinkd eutesche has crashed also because they offer zero fees on everything but not sure, if that is only the case, and i don't agree on bitcoin, because bitcoin will always have a good run if something in fiat collapse, not the opposite like you said

man forget of DB collapsing, it's one of the biggest bank of the world, with the most exposures on derivatives and the most important asset of the dax (probably eurostocks too). It will be rescued what ever happen, close that topic.

Ayers

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Quote from: sandiman on October 01, 2016, 09:11:11 AM

DB crash is good for the $, and consequently, bad for bitcoin Kiss

why good for the $? because euro will be weaker? i think deutesche has crashed also because they offer zero fees on everything but not sure, if that is only the case, and i don't agree on bitcoin, because bitcoin will always have a good run if something in fiat collapse, not the opposite like you said

Denker

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The fine of $14bn had already been reduced to $5.4bn!
I doubt they will let that bank collapse. At least not as quick as many of us here hope.
Furthermore it's not just Deutsche Bank!Other banks having similar issues but get not pushed that much in the media so far.
I'm also not convinced that this could make Bitcoin skyrocketing. Bitcoin will have most and biggest success with it's own progress!!!
A financial collapse however could help to make alternatives like Bitcoin much more noticeable to the public.

sandiman

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DB crash is good for the $, and consequently, bad for bitcoin Kiss

xhomerx10

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Quote from: LFC_Bitcoin on October 01, 2016, 06:01:23 AM

Quote from: thejaytiesto on September 30, 2016, 12:18:01 PM

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.

Bitcoin got exposure from the Greek Crisis.

Greek Cash Crisis Fuels Bitcoin Activity:
Bitcoin Demand Jumps 500%

08/07/2015
Elliot Maras

The same type of story ran on Reuter's, The Daily Mail, The Independent, CNN, Bloomberg, The Financial Post, CNBC, The Guardian, Fox News... etc

LFC_Bitcoin

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Quote from: thejaytiesto on September 30, 2016, 12:18:01 PM

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.

xhomerx10

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Quote from: HabBear on October 01, 2016, 12:14:54 AM

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

HabBear

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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.

xhomerx10

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Quote from: thejaytiesto on September 30, 2016, 12:18:01 PM

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.

Don't worry, the US doesn't want to be responsible for another bank bailout - they can't afford it. They'll simply lower the fine until Germany can bail out Deutsche Bank if required.

I think it will be great for Bitcoin though Wink

thejaytiesto

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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.

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