Pages:
Author

Topic: If the current trend is sustained (Read 3045 times)

ask
legendary
Activity: 1386
Merit: 1004
September 02, 2013, 01:02:03 AM
#26
I am from Slovenia.
Unicredit bank has a good reputation here and there are much worse banks as NLB, NKBM, Abanka...

If you are affraid what should happen with your money, I have advice: BUY BITCOINS or spend your money.

hero member
Activity: 798
Merit: 1000
September 01, 2013, 10:07:18 PM
#25
Ahh bitstamp that perfect arena for bitcoin trading backed by the rock solid Slovenian banking industry.

Comparing to Japan banking industry it is more reliable atm.  Wink

Let's hope not.

http://www.reuters.com/article/2013/08/28/slovenia-banks-idUSL6N0GR2B220130828


Exactly. Slovenia is Cyprus 2.0 in the making and it can implode at any moment. Be especially worried during weekends and even more so during long weekends.


LMAO
Keep spreading the fear ...
ooh ... Monday now .. what next ... ?
legendary
Activity: 1470
Merit: 1007
September 01, 2013, 11:08:13 AM
#24
The tl;dr of the tl;dr: Unicredit is by all reasonable measures not "being just an inch from being bankrupt". They're in trouble, like several other big European banks, but unless you expect the EU banking system  to collapse entirely over night (hint: it won't), I don't see Unicredit go bankrupt either without further warning signs.

1. Banks these days are nearly always collapse overnight, or more accurately over weekend.

2. Do you treat those "stress tests" and credit ratings as a reliable indicator of bank stability? If so I might have a few bridges and some vintage shares of AIG and some AAA rated CDO's to sell... lol

There's nothing I need to add to my original post, since you didn't actually contradict anything I wrote (or linked to), but just spread a bit of snark around. Not that I mind that, but let's call a spade a spade.

Like with many predictions on here, time will tell. Just do me the favor to stand behind your claims of today if, say, within 2 years from now Slovenia banking hasn't gone full retard (by which I mean: haircut on all deposits, independent of which bank they're in). Same for me, of course, in case they do :)
legendary
Activity: 3430
Merit: 3080
September 01, 2013, 10:51:39 AM
#23
dead carcasses build up gasses inside and have been known to explode.

regarding bank collapse, this ^

We all know what it looks like when a bunch of bankers are swarming around a dead whale of a banking system, flapping it's fins and tails, picking up it's head from it's bottom jaw and imitating whalesong noises. I guess not all people can see it for what it is.
hero member
Activity: 686
Merit: 500
Ultranode
September 01, 2013, 09:37:39 AM
#22
Unicredit (or its subsidiaries) are as far from going belly up as most other big European banks, in other words: not very likely to do so in the near future.

BWHAHAHAHA LOLMFAO AHAHAHA. omg. lol.

Thanks for that.
legendary
Activity: 1470
Merit: 1007
September 01, 2013, 09:37:02 AM
#21
So much uninformed opinion in here. Bitstamp's bank is a subsidiary of Unicredit SpA, a global Italian bank. While not without problems, Unicredit (or its subsidiaries) are as far from going belly up as most other big European banks, in other words: not very likely to do so in the near future.

I hope you are kidding, UniCredit is one of the banks well known in Italy for being just an inch from being bankrupt. That may collapse any time soon.

Yeah, well, that's just, like, your opinion, man.

Here, have some facts. [1], [2], [3].

The tl;dr of the above: Unicredit (SpA) is somewhere in the low middle of European banks wrt credit ratings, outlook is "negative" largely due to expectations about the Italian economy, but reports by rating agencies stress that the bank itself is comparably well positioned. Finally, latest profit reports are positive.

The tl;dr of the tl;dr: Unicredit is by all reasonable measures not "being just an inch from being bankrupt". They're in trouble, like several other big European banks, but unless you expect the EU banking system  to collapse entirely over night (hint: it won't), I don't see Unicredit go bankrupt either without further warning signs.
full member
Activity: 133
Merit: 100
September 01, 2013, 08:29:10 AM
#20
So much uninformed opinion in here. Bitstamp's bank is a subsidiary of Unicredit SpA, a global Italian bank. While not without problems, Unicredit (or its subsidiaries) are as far from going belly up as most other big European banks, in other words: not very likely to do so in the near future.

I hope you are kidding, UniCredit is one of the banks well known in Italy for being just an inch from being bankrupt. That may collapse any time soon.
legendary
Activity: 2212
Merit: 1008
September 01, 2013, 02:40:40 AM
#19
dead carcasses build up gasses inside and have been known to explode.
legendary
Activity: 4536
Merit: 3188
Vile Vixen and Miss Bitcointalk 2021-2023
September 01, 2013, 02:36:28 AM
#18
people who have coins for sale on gox should put their asks much higher if the coins are running out.

Another whale buy is needed.

who the heck would buy a whale? you can find those dead on the beach for free.  Wink Grin Cheesy

Fuck the whale! I want its vomit: http://www.huffingtonpost.com/2013/01/31/ken-wilman-ambergris-beach-sperm-whale-vomit-photo_n_2590487.html
How exactly does fucking a dead whale cause it to vomit? Huh
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
September 01, 2013, 01:55:37 AM
#17
people who have coins for sale on gox should put their asks much higher if the coins are running out.

Another whale buy is needed.

who the heck would buy a whale? you can find those dead on the beach for free.  Wink Grin Cheesy

Fuck the whale! I want its vomit: http://www.huffingtonpost.com/2013/01/31/ken-wilman-ambergris-beach-sperm-whale-vomit-photo_n_2590487.html
legendary
Activity: 2212
Merit: 1008
September 01, 2013, 01:39:17 AM
#16
people who have coins for sale on gox should put their asks much higher if the coins are running out.

Another whale buy is needed.

who the heck would buy a whale? you can find those dead on the beach for free.  Wink Grin Cheesy
legendary
Activity: 3108
Merit: 1531
yes
September 01, 2013, 12:49:11 AM
#15
people who have coins for sale on gox should put their asks much higher if the coins are running out.

Another whale buy is needed.
legendary
Activity: 2212
Merit: 1008
August 31, 2013, 08:31:27 PM
#14
people who have coins for sale on gox should put their asks much higher if the coins are running out.
legendary
Activity: 1008
Merit: 1003
WePower.red
August 31, 2013, 07:32:14 PM
#13
Ahh bitstamp that perfect arena for bitcoin trading backed by the rock solid Slovenian banking industry.

Comparing to Japan banking industry it is more reliable atm.  Wink

Let's hope not.

http://www.reuters.com/article/2013/08/28/slovenia-banks-idUSL6N0GR2B220130828


Exactly. Slovenia is Cyprus 2.0 in the making and it can implode at any moment. Be especially worried during weekends and even more so during long weekends.


And I live on Mars.
legendary
Activity: 1470
Merit: 1007
August 31, 2013, 07:30:40 PM
#12
So much uninformed opinion in here. Bitstamp's bank is a subsidiary of Unicredit SpA, a global Italian bank. While not without problems, Unicredit (or its subsidiaries) are as far from going belly up as most other big European banks, in other words: not very likely to do so in the near future.
member
Activity: 106
Merit: 10
August 31, 2013, 02:46:13 PM
#11


this is one of the best things i have ever seen. thank you.
legendary
Activity: 1176
Merit: 1280
May Bitcoin be touched by his Noodly Appendage
August 31, 2013, 02:09:50 PM
#10
full member
Activity: 168
Merit: 100
August 31, 2013, 01:44:55 PM
#9
any evidence that all the coins being bought are moved to other exchanges and sold?
i assume a lot of people just keep their coins /cash on gox to "day trade" and not really withdraw into fiat.
since noone knows it's just a guess to assume coins are leaving

Well, prices on other exchanges going up fast as well, so I highly doubt it.
hero member
Activity: 602
Merit: 500
August 31, 2013, 01:42:46 PM
#8
any evidence that all the coins being bought are moved to other exchanges and sold?
i assume a lot of people just keep their coins /cash on gox to "day trade" and not really withdraw into fiat.
since noone knows it's just a guess to assume coins are leaving
full member
Activity: 168
Merit: 100
August 31, 2013, 01:34:38 PM
#7
to be completely honest the only exchange that I can legitimately point to and say "I completely trust this" is coinsetter.
Pages:
Jump to: