A major bank crash seems to be unlikely in the near future
WTF? Tell that to the Fed http://www.bloomberg.com/news/2014-08-05/biggest-u-s-banks-told-to-simplify-their-living-wills-.html 
Topic: Next Major Bank crash will be THE BEST time for bitcoins. - page 2. (Read 2394 times)
As much as people dislike fiat, bitcoin has high dependency on the banking system.
That is the only way for merchant to convert bitcoin into fiat and back to their own bank account.
That is the only way for merchant to convert bitcoin into fiat and back to their own bank account.
We don't want that to happen just yet. Let the BTC infrastructure improve first then let's see mass adoption after that.
A major bank crash seems to be unlikely in the near future
I totally agree. A major issue during the 2008 crisis was counterparty risk, and bitcoin doesn't have any. Cash is only worth as much or as little as the government prints. Governments can't print more bitcoins. All major banks are technically bankrupt, but it's the cycle of credit and confidence that keeps them appearing solvent. My bitcoin balance will remain the same. Admittedly the value of each bitcoin is volatile, but in those circumstance I'd be happy to take a volatile currency with set unit numbers and no risk of bankruptcy vs the financial mainstream.
yep, no money, no honey! all hail free money and easy credit! as far as banking issues go, i'm not sure that the type of situation OP is talking about is comparable to the PBOC ban, but unlikely IMO to cause the type of "panic buying fever" that bitcoiners expect. 
^ Indeed, what bitcoiners should be hoping for is that QE to infinity continues.
Banking issues are no good for bitcoin in the short term. We all know what happened when the PBOC squeezed out liquidity to Chinese exchanges.
Banking issues are no good for bitcoin in the short term. We all know what happened when the PBOC squeezed out liquidity to Chinese exchanges.
as soon as another Major bank crashes Bitcoins will rise to they sky. so let's hope for a bank to crash lol
If a major bank collapses, and there is a big bank run, how are people going to wire funds to Bitcoin exchanges in order to bid up the price of Bitcoin?
Au contraire, a bank collapse, followed by a bank run that isn't bailed out by the government/taxpayer would result in massive price deflation of everything, especially in something like Bitcoin.
In a deflationary bank crash, what you would want is cash. Piles of cash. Not in the bank (where it will be disappeared) but under your mattress.
you're reaching here. "good news, price down? we need bad economic news to drive price up!" meh, bitcoin will go up when everyone has given up and all the leveraged longs are dead. 
Just not my bank please. I like the people that work there.
lmao
as soon as another Major bank crashes Bitcoins will rise to they sky. so let's hope for a bank to crash lol
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