Topic: Wall Observer - MtGoxUSD wall movement tracker - page 425. (Read 1811596 times)
first
This thread should convert to an IRC-channel. 
+1But, but how do you embed wall images (and more interesting images) in IRC?
That is very much true, the problem is of course that all their clients were under the impression that their bank would get a bailout, no matter what. It's a first though that this bailout is financed by the clients of the bank itself.
...
...
Not true at all. The EU/IMF have illegally promoted the senior bondholders above the depositors. Losses should be carried by shareholders, junior then senior bondholders, then depositors. If these banks were bankrupted properly then maybe the depositors would lose nothing. The rule of bankruptcy law is treated sh*t in most Western countries since the credit crisis began. That is what is kiling the system - because capitalism can only work if bankruptcy law is sacrosanct.
You certainly have a point there, I was not aware that in this case the shareholders and the bondholders got away that easy. However, given the debt these banks have it was perhaps inevitable that the depositors got away without a loss. I agree with you that the main problem is that banks aren't allowed to go bankrupt, as they should. The great thing about capitalism is that it has so much in common with the way natural selection works, those who are most able to adapt survive.
They can and will ALWAYS be able to bail out the banks, they can just print enough money into existence to bail them out....
where the hole thing falls apart is when they do this so much that people start to lose faith in the $, find an alternative and stop using dollars... ( easier said then done )
The US has loaned out ALOT of its money to other counties, and is now continually inflating their money supply, if china wants to sell all their USD the USD will be totally worthless over night.... China is holding Trillions of $ and they do not want to see them go to 0 value so they will hold their dollars, forever. Every country owes money to each other and will hold these BS IOUs , forever. What is happening now, is everyone is realizing they should be doing like US and printing money like mad fools. and that is what the "currency wars" are all about.
We the little people at the bottom will suffer big time if we do not protect our self's...
where the hole thing falls apart is when they do this so much that people start to lose faith in the $, find an alternative and stop using dollars... ( easier said then done )
The US has loaned out ALOT of its money to other counties, and is now continually inflating their money supply, if china wants to sell all their USD the USD will be totally worthless over night.... China is holding Trillions of $ and they do not want to see them go to 0 value so they will hold their dollars, forever. Every country owes money to each other and will hold these BS IOUs , forever. What is happening now, is everyone is realizing they should be doing like US and printing money like mad fools. and that is what the "currency wars" are all about.
We the little people at the bottom will suffer big time if we do not protect our self's...
Central banks are able to create immense amounts of wealth by simply printing money and we have become pretty much accustomed to this system as an inflation rate of a few percent is considered healthy. With the emergence of Bitcoin and the ease with which people are able to swap their inflating fiat for a sound and reliable decentralized currency, this era may be coming to an end.
This thread should convert to an IRC-channel.
+1 
This thread should convert to an IRC-channel.
Guys.... this thread is for bulls to pat each other back.... BUY BUY BUY
Dont do offtopic
Dont do offtopic
"Politicians in Cyprus have agreed a new one-off levy on savers in order to secure a European bailout.
The measures include a 20% tax on savers with deposits over 100,000 euros at the country's largest bank, the Bank of Cyprus.
A 4% tax on deposits over 100,000 euros would be levied at other banks."
lol, if you have over 100k saved with the biggest "most trustworthy" bank in Cyprus then you've just been robbed.
The measures include a 20% tax on savers with deposits over 100,000 euros at the country's largest bank, the Bank of Cyprus.
A 4% tax on deposits over 100,000 euros would be levied at other banks."
lol, if you have over 100k saved with the biggest "most trustworthy" bank in Cyprus then you've just been robbed.
Keep in mind that had the banks been allowed to fail in a sudden "free market" moment, 100% of funds above that amount were uninsured and would be gone.
That is very much true, the problem is of course that all their clients were under the impression that their bank would get a bailout, no matter what. It's a first though that this bailout is financed by the clients of the bank itself.
The whole problem with the financial crisis of the last five years is that practically every bank or nation is somehow 'too big to fail'. Banks, like every other private company, should be allowed to go bankrupt. It would be tough and painful in the short-term, but right now we are facing a situation were some nation or some central bank will someday simply be unable to bailout a bank and the whole system comes crashing down.
I truly believe Bitcoin would solve this problem the coming century. Like the 19th century, were capital was linked to gold, there was a limit to the amount of money a bank or a nation could create. Bank runs were far more common then, but systemic crises were more scarce. With Bitcoin, the power governments and banks have to inflate their balance with debt will be drastically reduced. In the end, we will all benefit.
They can and will ALWAYS be able to bail out the banks, they can just print enough money into existence to bail them out....
where the hole thing falls apart is when they do this so much that people start to lose faith in the $, find an alternative and stop using dollars... ( easier said then done )
The US has loaned out ALOT of its money to other counties, and is now continually inflating their money supply, if china wants to sell all their USD the USD will be totally worthless over night.... China is holding Trillions of $ and they do not want to see them go to 0 value so they will hold their dollars, forever. Every country owes money to each other and will hold these BS IOUs , forever. What is happening now, is everyone is realizing they should be doing like US and printing money like mad fools. and that is what the "currency wars" are all about.
We the little people at the bottom will suffer big time if we do not protect our self's...
Buy the biggest house you can "afford", with a loan you will never be able to pay back.
buy gold, silver, bitcoin!
buy STUFF!
after all he who dies with the most toys wins!
This BS mentality is going away i think
until then...
when in Rome do as the Romans do
"Politicians in Cyprus have agreed a new one-off levy on savers in order to secure a European bailout.
The measures include a 20% tax on savers with deposits over 100,000 euros at the country's largest bank, the Bank of Cyprus.
A 4% tax on deposits over 100,000 euros would be levied at other banks."
lol, if you have over 100k saved with the biggest "most trustworthy" bank in Cyprus then you've just been robbed.
The measures include a 20% tax on savers with deposits over 100,000 euros at the country's largest bank, the Bank of Cyprus.
A 4% tax on deposits over 100,000 euros would be levied at other banks."
lol, if you have over 100k saved with the biggest "most trustworthy" bank in Cyprus then you've just been robbed.
Keep in mind that had the banks been allowed to fail in a sudden "free market" moment, 100% of funds above that amount were uninsured and would be gone.
also keep in mind that the interest rate in cyprus was at ~5% in the past until today, the rest of europe is at 1% ATM. so something had to be fundamentally wrong in their past.
btw, if you get 5% on your savings, after the 20% cut you may still have more than other europeans if your money was at that bank for a couple of years
"Politicians in Cyprus have agreed a new one-off levy on savers in order to secure a European bailout.
The measures include a 20% tax on savers with deposits over 100,000 euros at the country's largest bank, the Bank of Cyprus.
A 4% tax on deposits over 100,000 euros would be levied at other banks."
lol, if you have over 100k saved with the biggest "most trustworthy" bank in Cyprus then you've just been robbed.
The measures include a 20% tax on savers with deposits over 100,000 euros at the country's largest bank, the Bank of Cyprus.
A 4% tax on deposits over 100,000 euros would be levied at other banks."
lol, if you have over 100k saved with the biggest "most trustworthy" bank in Cyprus then you've just been robbed.
Keep in mind that had the banks been allowed to fail in a sudden "free market" moment, 100% of funds above that amount were uninsured and would be gone.
That is very much true, the problem is of course that all their clients were under the impression that their bank would get a bailout, no matter what. It's a first though that this bailout is financed by the clients of the bank itself.
...
Not true at all. The EU/IMF have illegally promoted the senior bondholders above the depositors. Losses should be carried by shareholders, junior then senior bondholders, then depositors. If these banks were bankrupted properly then maybe the depositors would lose nothing. The rule of bankruptcy law is treated sh*t in most Western countries since the credit crisis began. That is what is kiling the system - because capitalism can only work if bankruptcy law is sacrosanct.
"Politicians in Cyprus have agreed a new one-off levy on savers in order to secure a European bailout.
The measures include a 20% tax on savers with deposits over 100,000 euros at the country's largest bank, the Bank of Cyprus.
A 4% tax on deposits over 100,000 euros would be levied at other banks."
lol, if you have over 100k saved with the biggest "most trustworthy" bank in Cyprus then you've just been robbed.
The measures include a 20% tax on savers with deposits over 100,000 euros at the country's largest bank, the Bank of Cyprus.
A 4% tax on deposits over 100,000 euros would be levied at other banks."
lol, if you have over 100k saved with the biggest "most trustworthy" bank in Cyprus then you've just been robbed.
Keep in mind that had the banks been allowed to fail in a sudden "free market" moment, 100% of funds above that amount were uninsured and would be gone.
That is very much true, the problem is of course that all their clients were under the impression that their bank would get a bailout, no matter what. It's a first though that this bailout is financed by the clients of the bank itself.
The whole problem with the financial crisis of the last five years is that practically every bank or nation is somehow 'too big to fail'. Banks, like every other private company, should be allowed to go bankrupt. It would be tough and painful in the short-term, but right now we are facing a situation were some nation or some central bank will someday simply be unable to bailout a bank and the whole system comes crashing down.
I truly believe Bitcoin would solve this problem the coming century. Like the 19th century, were capital was linked to gold, there was a limit to the amount of money a bank or a nation could create. Bank runs were far more common then, but systemic crises were more scarce. With Bitcoin, the power governments and banks have to inflate their balance with debt will be drastically reduced. In the end, we will all benefit.
Pls post some wall pics or tell me an easy way to do that w/ mac so I can also do!
nah, your brokers will take care of that for you.
How do you feel buying at 74?
It is not my first time of making an ath while buying. You know, at the moment it feels good. After a while you get a little sour aftertaste. When 2 weeks have passed, you start to feel smug about yourself.
"Politicians in Cyprus have agreed a new one-off levy on savers in order to secure a European bailout.
The measures include a 20% tax on savers with deposits over 100,000 euros at the country's largest bank, the Bank of Cyprus.
A 4% tax on deposits over 100,000 euros would be levied at other banks."
lol, if you have over 100k saved with the biggest "most trustworthy" bank in Cyprus then you've just been robbed.
The measures include a 20% tax on savers with deposits over 100,000 euros at the country's largest bank, the Bank of Cyprus.
A 4% tax on deposits over 100,000 euros would be levied at other banks."
lol, if you have over 100k saved with the biggest "most trustworthy" bank in Cyprus then you've just been robbed.
Keep in mind that had the banks been allowed to fail in a sudden "free market" moment, 100% of funds above that amount were uninsured and would be gone.
probably not as bad as you feel for selling thousands of coins at 33.6
are you preferring that to me?
LOL
Pls post some wall pics or tell me an easy way to do that w/ mac so I can also do!
http://osxdaily.com/2010/05/13/print-screen-mac/
"Politicians in Cyprus have agreed a new one-off levy on savers in order to secure a European bailout.
The measures include a 20% tax on savers with deposits over 100,000 euros at the country's largest bank, the Bank of Cyprus.
A 4% tax on deposits over 100,000 euros would be levied at other banks."
lol, if you have over 100k saved with the biggest "most trustworthy" bank in Cyprus then you've just been robbed.
The measures include a 20% tax on savers with deposits over 100,000 euros at the country's largest bank, the Bank of Cyprus.
A 4% tax on deposits over 100,000 euros would be levied at other banks."
lol, if you have over 100k saved with the biggest "most trustworthy" bank in Cyprus then you've just been robbed.
is it offical?
i thought i heard they changed their minds and aren't doing this anymroe
probably not as bad as you feel for selling thousands of coins at 33.6
Pls post some wall pics or tell me an easy way to do that w/ mac so I can also do!
nah, your brokers will take care of that for you.
How do you feel buying at 74?
"Politicians in Cyprus have agreed a new one-off levy on savers in order to secure a European bailout.
The measures include a 20% tax on savers with deposits over 100,000 euros at the country's largest bank, the Bank of Cyprus.
A 4% tax on deposits over 100,000 euros would be levied at other banks."
lol, if you have over 100k saved with the biggest "most trustworthy" bank in Cyprus then you've just been robbed.
The measures include a 20% tax on savers with deposits over 100,000 euros at the country's largest bank, the Bank of Cyprus.
A 4% tax on deposits over 100,000 euros would be levied at other banks."
lol, if you have over 100k saved with the biggest "most trustworthy" bank in Cyprus then you've just been robbed.
Pls post some wall pics or tell me an easy way to do that w/ mac so I can also do!
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