Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30745. (Read 26711971 times)

legendary
Activity: 1148
Merit: 1018
Dear Satan, please give us a CHOO CHOO.

Look at the reflection of the guy who took this photo, front part of the hood.

Pretty sure Satan is all about ch000 ch000!





Honestly, id be more interested in seeing a pic of your wife, but I can understand if you decline... Wink
legendary
Activity: 2324
Merit: 1125
Dear Satan, please give us a CHOO CHOO.

Kedeng kedeng! (Dutch for CHOO CHOO). It even has a song! http://www.youtube.com/watch?v=XpbTI4zN1FY

Dan vind ik "Het is een nacht" wat gezelliger.  Wink

Bt that has nothing to do with CHOO CHOO. I'm not a Guus Meeuwis fan anyway, but I presume non-Dutch speakers can appreciate this because the song's so retarded Wink
sr. member
Activity: 337
Merit: 250
https://streamies.io/
Lets have a nice choo choo before christmas?
sr. member
Activity: 308
Merit: 250
Dear Satan, please give us a CHOO CHOO.

Kedeng kedeng! (Dutch for CHOO CHOO). It even has a song! http://www.youtube.com/watch?v=XpbTI4zN1FY

Dan vind ik "Het is een nacht" wat gezelliger.  Wink
legendary
Activity: 2324
Merit: 1125
Dear Satan, please give us a CHOO CHOO.

Kedeng kedeng! (Dutch for CHOO CHOO). It even has a song! http://www.youtube.com/watch?v=XpbTI4zN1FY
sr. member
Activity: 308
Merit: 250
Dear Satan, please give us a CHOO CHOO.
sr. member
Activity: 276
Merit: 250
Dear Santa...please bring me <500 USD Bitcoins....
Dear God please bring us $1,000,000 USD bitcoins
hero member
Activity: 748
Merit: 500
Dear Santa...please bring me <500 USD Bitcoins....
legendary
Activity: 854
Merit: 1000
HODL is the name of the game then!!!  Cheesy Cheesy
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Banks in Europe still haven't been recapped after the credit crisis.  Basel III rules will raise their capital requirements.  Spain is a basket case.  Italy is wobbling.  France is showing cracks.  Normality bias causes people to keep calm and carry on, but the rot underlying the Euro system is deep and pervasive and won't be covered up forever.  At least half of the debt in Europe has to be destroyed, in one way or another.  I would be surprised if there were not another sovereign debt and/or Euro currency crisis in the next three years.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
New Cyprus plan is preparing as we speak on Eurozone (just a feeling that i have from mixing the puzzle )

Fiat holders have to enter as we speak or they will cry after...
Got more information about this?

He's right. Read here:
http://www.europarl.europa.eu/news/en/news-room/content/20131212IPR30702/html/Deal-reached-on-bank-%E2%80%9Cbail-in-directive%E2%80%9D

Quote
The directive is to enter into force on 1 Jauary 2015 and the bail-in system is to take effect on 1 January 2016.

well, it's a way off then...

That is what they want you to think.

They will pass it then adjust the date later IF they need it.

This is absolutely true! In Cyprus' case, there was a whole machination going on at the time, whether to bail-in their "bad banks" with the WHOLE or PART amount of the creditors' accounts (stocks were accumulated immediately). This was not a political decision (even though the way to there, definitely was) rather than EU financial mob decision (after several back and forth to Russia for "loans").

For those who remember (you can look it up of course) the case started with BIG loans the Cyprus government were taking off (WITHOUT needing them) during 2011. The politicians involved saw their "loans" given away for free by the Banks who led Cyprus to its "bail-in"; more here: http://www.koutipandoras.gr/article/34827/apokleistiko-lista-fotia-se-poioys-politikoys-esvisan-daneia-stin-kypro

Sad thing is, that a VERY big number of "whale" creditors were drawing money out since the banking system got "locked down" for weeks back then. Those were mainly Russian residents (there are many Russians in Cyprus, since there's a law for anyone purchasing an expensive residence, gains automatically the Cyprus citizenship) plus BIG bankers and capitalists that led (ie:wiring) the money to the Greek banking system via the banking branches there (ie: Laiki Bank or Cyprus Popular Bank Public Co -> off their Marfin branch of Greece). Then Peireaus Bank accumulated Laiki Bank off their own money. Neat eh?

http://www.laiki.com/GR/Announcement/Pages/exLaikiAnnouncement.aspx

Whenever there's A LOT of money, there's always the way to STFU the mouths that talk too much. Most people STILL didn't get what went wrong with Cyprus; and most possible they won't see the same scenario coming for the whole EU. Believe me; this is NOT conspiracy. This is part of the news you will be hearing in the next few months.

Cheers.
legendary
Activity: 1260
Merit: 1000
Drunk Posts
c´mon guys - i need a lot more read candles to decorate the xmas tree

and BIG ones pls

Red candles on the tree... sounds like someones about to burn down a house.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
sr. member
Activity: 270
Merit: 250
c´mon guys - i need a lot more read candles to decorate the xmas tree

and BIG ones pls
legendary
Activity: 2324
Merit: 1125
legendary
Activity: 2324
Merit: 1125
So banks are not safe, what else is new? Grin

Bitcoin is not safe (not 100%)  Grin
It's easier to steal bitcoins than fiat money in a bank account technically.

Bitcoin wallets only have 1 factor authentification (password), a few are even unecrypted. All it needs is a keylogger and the average joe will lose all his bitcoin holdings.
Nerds store them complete offline, but that doesn't help joe. He just don't have the skills to do it (or knows it's necessary).

Bitcoin wallets clearly need 2 factor authentification. Online wallets don't count, they are not safe!

Fiat money is trivial to steal.

Bitcoin at least can be secured (and retards won't but that's your own responsibility).
donator
Activity: 2772
Merit: 1019
New Cyprus plan is preparing as we speak on Eurozone (just a feeling that i have from mixing the puzzle )

Fiat holders have to enter as we speak or they will cry after...
Got more information about this?

He's right. Read here:
http://www.europarl.europa.eu/news/en/news-room/content/20131212IPR30702/html/Deal-reached-on-bank-%E2%80%9Cbail-in-directive%E2%80%9D


very good article thanks for that........ i wonder if the fiat holders have read that....
i might be wrong but most of the times i had a feeling was 100% right....

the same feeling i had before 2 years to enter BTC world.......




It says
"Press release - Economic and monetary affairs − 12-12-2013 - 10:16
Parliament and Council Presidency negotiators reached a political agreement Wednesday on the draft bank recovery and resolution directive, the first step towards setting up an EU system to deal with struggling banks. This directive will introduce the “bail-in” principle by January 2016, thereby ensuring that taxpayers will not be first in line to pay for bank failures."

I am a noob, but this sounds like: People have to fear LESS that their bank-money is taken away by them (therefore less interest to put money in bitcoin, not more). (?)

You didn't understand the whole thing I guess.
Bail-in basics

The directive establishes a bail-in system which will ensure that taxpayers will be last in the line to the pay the bills of a struggling bank. In a bail-in, creditors, according to a pre-defined hierarchy, forfeit some or all of their holdings to keep the bank alive. The bail-in system will apply from 1 January 2016.


Now is it clear?  Wink

Wonder what the pre-defined hierarchy of creditors is, and how high are peoples checking accounts are on that list. So as long as you don't own any bonds or have any money in any bank you're money will be taken last?

What's the fuzz about?

Quote
The bail-in tool set out in the directive would require shareholders and bond holders to take the first big hits. Unsecured depositors (over €100,000) would be affected last, in many cases even after the bank-financed resolution fund and the national deposit guarantee fund in the country where it is located have stepped in to help stabilise the bank. Smaller depositors would in any case be explicitly excluded from any bail-in.
donator
Activity: 2772
Merit: 1019
So banks are not safe, what else is new? Grin

Bitcoin is not safe (not 100%)  Grin
It's easier to steal bitcoins than fiat money in a bank account technically.

Bitcoin wallets only have 1 factor authentification (password), a few are even unecrypted. All it needs is a keylogger and the average joe will lose all his bitcoin holdings.
Nerds store them complete offline, but that doesn't help joe. He just don't have the skills to do it (or knows it's necessary).

Bitcoin wallets clearly need 2 factor authentification. Online wallets don't count, they are not safe!

TREZOR?
donator
Activity: 2772
Merit: 1019
New Cyprus plan is preparing as we speak on Eurozone (just a feeling that i have from mixing the puzzle )

Fiat holders have to enter as we speak or they will cry after...
Got more information about this?

He's right. Read here:
http://www.europarl.europa.eu/news/en/news-room/content/20131212IPR30702/html/Deal-reached-on-bank-%E2%80%9Cbail-in-directive%E2%80%9D

Quote
The directive is to enter into force on 1 Jauary 2015 and the bail-in system is to take effect on 1 January 2016.

well, it's a way off then...
legendary
Activity: 1680
Merit: 1045
Dude....zhoutonged can actually sing! (if that's him) http://www.youtube.com/watch?v=Di5NSU5yuKE&hd=1
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