Can you please prove us one thing?
What's the correlation / inter-relation between the event that's going to happen in the US and the price of Bitcoins?
What I think is, it's only gonna affect the actual fiat currency, i.e., $ and not the BTC...
Topic: ECB to start quantitative easing. Bitcoin beyond the moon? (Read 3847 times)
Longterm, QE will drive all prices up, not only Bitcoin's. Inflation is increasing in all developed countries. But inflated prices are not equivalent to more wealth. Increased purchasing power is what we want. That won't come from QE, it will come from bitcoin adoption.
ya.ya.yo!
ya.ya.yo!
QE essentially screws retired folks, who have invested their life savings in debt to get a steady return on income.
No. Most retired folks have home which they can still keep refinancing to strip the equity.
And since the refinancing rate is still low, this actually benefit them.
People have an emotional attachment to their homes. Not all of them are ready for a reverse mortgage yet.
It's a SPECIAL AGRO CHEQUE! 
Do want!
Do want!
EUR isn't a dollar. It can't use USD-related bailout scenarios, otherwise EU will turn into Zimbabwe imho.
Longterm, QE will drive all prices up, not only Bitcoin's. Inflation is increasing in all developed countries. But inflated prices are not equivalent to more wealth. Increased purchasing power is what we want. That won't come from QE, it will come from bitcoin adoption.
ya.ya.yo!
ya.ya.yo!
QE essentially screws retired folks, who have invested their life savings in debt to get a steady return on income.
No. Most retired folks have home which they can still keep refinancing to strip the equity.
And since the refinancing rate is still low, this actually benefit them.
Longterm, QE will drive all prices up, not only Bitcoin's. Inflation is increasing in all developed countries. But inflated prices are not equivalent to more wealth. Increased purchasing power is what we want. That won't come from QE, it will come from bitcoin adoption.
ya.ya.yo!
ya.ya.yo!
QE essentially screws retired folks, who have invested their life savings in debt to get a steady return on income.
Longterm, QE will drive all prices up, not only Bitcoin's. Inflation is increasing in all developed countries. But inflated prices are not equivalent to more wealth. Increased purchasing power is what we want. That won't come from QE, it will come from bitcoin adoption.
ya.ya.yo!
ya.ya.yo!
If the ECB does QE then EU stocks will go up like US stocks did in their QE phase.
Going leveraged long on EU indices is a much safer bet than gambling on bitcoin price appreciation due to ECB QE.
The ECB has been implementing QE for almost as long as the US FED has been buying up US bonds as part of QE, just as the UK central bank has been doing QE (same with the Japanese central bank). Going leveraged long on EU indices is a much safer bet than gambling on bitcoin price appreciation due to ECB QE.
There cannot be a winner in this "passing the deflationary parcel" game.
http://www.economist.com/blogs/buttonwood/2011/08/global-economy-and-currencies
If the ECB does QE then EU stocks will go up like US stocks did in their QE phase.
Going leveraged long on EU indices is a much safer bet than gambling on bitcoin price appreciation due to ECB QE.
The ECB has been implementing QE for almost as long as the US FED has been buying up US bonds as part of QE, just as the UK central bank has been doing QE (same with the Japanese central bank). Going leveraged long on EU indices is a much safer bet than gambling on bitcoin price appreciation due to ECB QE.
And why would people ditch their fiat, which has a historically low, steady inflation rate for bitcoin, which has dropped in value 50% since the start of the year with no end in site?
See, you guys need to stop and think about this shit for a moment.
See, you guys need to stop and think about this shit for a moment.
What is the difference between a sure loss and a 99.9% chance of winning?
What is the long term to you and how did you calculate that its chance is 50%?
Satachi himself even said that the number of TX in 20 years will either be a huge amount or close to none (paraphrasing).
I personally have a lot of money invested in bitcoin, and personally think it will succeed, but it is not something I am relying on to be able to live comfortably.
Southern EU countries have imposed capital controls and taxes on bank balances....but not enough yet to push Bitcoin
A little more of this and things might change quickly:
http://cointelegraph.com/news/11760/20_withholding_italy_announces_capital_controls_on_incoming_foreign_transfers
http://www.reuters.com/article/2014/07/04/spain-tax-deposits-idUSL6N0PF2SF20140704
Sleepsheep need harder prodding to wake up, but when they are awake, the stampede will begin.
A little more of this and things might change quickly:
http://cointelegraph.com/news/11760/20_withholding_italy_announces_capital_controls_on_incoming_foreign_transfers
http://www.reuters.com/article/2014/07/04/spain-tax-deposits-idUSL6N0PF2SF20140704
Sleepsheep need harder prodding to wake up, but when they are awake, the stampede will begin.
And why would people ditch their fiat, which has a historically low, steady inflation rate for bitcoin, which has dropped in value 50% since the start of the year with no end in site?
See, you guys need to stop and think about this shit for a moment.
See, you guys need to stop and think about this shit for a moment.
What is the difference between a sure loss and a 99.9% chance of winning?
What is the long term to you and how did you calculate that its chance is 50%?
I bet he went like: it will either happen, or it won't
And why would people ditch their fiat, which has a historically low, steady inflation rate for bitcoin, which has dropped in value 50% since the start of the year with no end in site?
See, you guys need to stop and think about this shit for a moment.
See, you guys need to stop and think about this shit for a moment.
What is the difference between a sure loss and a 99.9% chance of winning?
What is the long term to you and how did you calculate that its chance is 50%?
And why would people ditch their fiat, which has a historically low, steady inflation rate for bitcoin, which has dropped in value 50% since the start of the year with no end in site?
See, you guys need to stop and think about this shit for a moment.
See, you guys need to stop and think about this shit for a moment.
What is the difference between a sure loss and a 99.9% chance of winning?
50% don't make me laugh. Either you are very wrong or your and my definition of success is very very different.
And why would people ditch their fiat, which has a historically low, steady inflation rate for bitcoin, which has dropped in value 50% since the start of the year with no end in site?
See, you guys need to stop and think about this shit for a moment.
See, you guys need to stop and think about this shit for a moment.
What is the difference between a sure loss and a 99.9% chance of winning?
Everyone expects that the ECB will start quantitative easing. Will that push bitcoin up?
I think it will!
What say you?
I think it will!
What say you?
Need definitive action from ECB before btc and market will react to the artificially sea of liquidity.
But remember one thing, all assets price eventually collapsed when the money stop printing.
In essence, the banks never stop printing money. They need inflation to be there!
There is a limit on how much money central bank can print.
Tree can not grow to the sky before stagnant and then die out.
There's most definitely no limit in sheer amount.
Everyone expects that the ECB will start quantitative easing. Will that push bitcoin up?
I think it will!
What say you?
I think it will!
What say you?
Need definitive action from ECB before btc and market will react to the artificially sea of liquidity.
But remember one thing, all assets price eventually collapsed when the money stop printing.
In essence, the banks never stop printing money. They need inflation to be there!
There is a limit on how much money central bank can print.
Tree can not grow to the sky before stagnant and then die out.
Everyone expects that the ECB will start quantitative easing. Will that push bitcoin up?
I think it will!
What say you?
I think it will!
What say you?
Need definitive action from ECB before btc and market will react to the artificially sea of liquidity.
But remember one thing, all assets price eventually collapsed when the money stop printing.
In essence, the banks never stop printing money. They need inflation to be there!
Everyone expects that the ECB will start quantitative easing. Will that push bitcoin up?
I think it will!
What say you?
I think it will!
What say you?
Need definitive action from ECB before btc and market will react to the artificially sea of liquidity.
But remember one thing, all assets price eventually collapsed when the money stop printing.
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