i'll just leave this here.
I just love how high the moon is!!!!
Topic: EU set for more Cyprus-style bail-ins for troubled banks (Read 1318 times)
I just love how high the moon is!!!!
2014 will make 2013 look like a slow year
Slovenia will be the first country offered to the EU Gods.
Follow coverage of the fiasco and its impact on Bitstamp in this thread
https://bitcointalksearch.org/topic/bitcoin-to-hit-10000-on-bitstamp-this-weekend-173318
Follow coverage of the fiasco and its impact on Bitstamp in this thread
https://bitcointalksearch.org/topic/bitcoin-to-hit-10000-on-bitstamp-this-weekend-173318
if another cyprus-like event occurs in europe - and eventually it will - bitcoin will sure go to new highs like in april.
Cyprus came out of nowhere - it has to to work. Don't trust anything.
Precisely. Remember, that after the Cyprus bail-in there was the whole scandal about policy maker families being tipped off ahead of time and withdrawing funds? A bail-in does not come with a heads up, or else there will be a run on banks that forces the bankruptcy they are trying to avoid. If EU is saying 2016, I would interpret that to mean "definitely before 2016."
+1, good points all around Chalkfriend.
Cyprus came out of nowhere - it has to to work. Don't trust anything.
Precisely. Remember, that after the Cyprus bail-in there was the whole scandal about policy maker families being tipped off ahead of time and withdrawing funds? A bail-in does not come with a heads up, or else there will be a run on banks that forces the bankruptcy they are trying to avoid. If EU is saying 2016, I would interpret that to mean "definitely before 2016."
Cyprus came out of nowhere - it has to to work. Don't trust anything.
I dont believe it will have noticable effect next year, considering the time these measures will be set
Same comment from the wall thread for me. I think it drives money into alternatives (including stocks/bonds/gold/silver). Betting that bitcoins are one of those alternatives.
I believe the bail in will largely affect stagnant money (sitting in cash accounts earning little/no interest). Shame on those who don't inject their cash into volatile/scary/complex things
.
I believe the bail in will largely affect stagnant money (sitting in cash accounts earning little/no interest). Shame on those who don't inject their cash into volatile/scary/complex things
.
Did anyone notice the runup (not this past one) was right when the Cyprus banks did the bail in? THat is one thing I would bank on pushing BTC higher, if there is any type of calamitous event, confiscation of wealth, or something like that.
i'll just leave this here.
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