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Title: If the current trend is sustained Post by: Kazu on August 31, 2013, 05:37:20 PM Title: Re: If the current trend is sustained Post by: byronbb on August 31, 2013, 06:10:14 PM Ahh bitstamp that perfect arena for bitcoin trading backed by the rock solid Slovenian banking industry.
Title: Re: If the current trend is sustained Post by: MoreFun on August 31, 2013, 06:11:54 PM 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 (for BTC). ;) Title: Re: If the current trend is sustained Post by: Walsoraj on August 31, 2013, 06:13:06 PM Note how the bid/ask sums diverged similarly prior to April crash.
Title: Re: If the current trend is sustained Post by: byronbb on August 31, 2013, 06:16:44 PM 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. ;) Let's hope not. http://www.reuters.com/article/2013/08/28/slovenia-banks-idUSL6N0GR2B220130828 Title: Re: If the current trend is sustained Post by: MoreFun on August 31, 2013, 06:17:56 PM 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. ;) Let's hope not. http://www.reuters.com/article/2013/08/28/slovenia-banks-idUSL6N0GR2B220130828 When working with BTC ofc (I modified post later with that argument). Title: Re: If the current trend is sustained Post by: Kazu on August 31, 2013, 06:34:38 PM to be completely honest the only exchange that I can legitimately point to and say "I completely trust this" is coinsetter.
Title: Re: If the current trend is sustained Post by: superduh on August 31, 2013, 06:42:46 PM 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 Title: Re: If the current trend is sustained Post by: Kazu on August 31, 2013, 06:44:55 PM 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. Title: Re: If the current trend is sustained Post by: jackjack on August 31, 2013, 07:09:50 PM Title: Re: If the current trend is sustained Post by: talkingleaves on August 31, 2013, 07:46:13 PM this is one of the best things i have ever seen. thank you. Title: Re: If the current trend is sustained Post by: oda.krell on September 01, 2013, 12:30:40 AM 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.
Title: Re: If the current trend is sustained Post by: MoreFun on September 01, 2013, 12:32:14 AM 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. ;) 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. Title: Re: If the current trend is sustained Post by: bitcon on September 01, 2013, 01:31:27 AM people who have coins for sale on gox should put their asks much higher if the coins are running out.
Title: Re: If the current trend is sustained Post by: Wekkel on September 01, 2013, 05:49:11 AM 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. Title: Re: If the current trend is sustained Post by: bitcon on September 01, 2013, 06:39:17 AM 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. ;) ;D :D Title: Re: If the current trend is sustained Post by: Phinnaeus Gage on September 01, 2013, 06:55:37 AM 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. ;) ;D :D 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 Title: Re: If the current trend is sustained Post by: Foxpup on September 01, 2013, 07:36:28 AM 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. ;) ;D :D 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 Title: Re: If the current trend is sustained Post by: bitcon on September 01, 2013, 07:40:40 AM dead carcasses build up gasses inside and have been known to explode.
Title: Re: If the current trend is sustained Post by: Xiaoma on September 01, 2013, 01:29:10 PM 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. Title: Re: If the current trend is sustained Post by: oda.krell on September 01, 2013, 02:37:02 PM 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] (http://www.bloomberg.com/news/2013-08-06/unicredit-second-quarter-profit-rises-on-gains-from-debt-buyback.html), [2] (http://blogs.wsj.com/moneybeat/2013/04/25/italy-unicredit-jumps-on-sovereign-rally-to-sell-riskier-debt/), [3] (https://www.unicreditgroup.eu/en/investors/funding-and-ratings/ratings.html). 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. Title: Re: If the current trend is sustained Post by: Walsoraj on September 01, 2013, 02:37:39 PM 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. Title: Re: If the current trend is sustained Post by: Carlton Banks on September 01, 2013, 03:51:39 PM 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. Title: Re: If the current trend is sustained Post by: oda.krell on September 01, 2013, 04:08:13 PM 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 :) Title: Re: If the current trend is sustained Post by: phoenix1 on September 02, 2013, 03:07:18 AM 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. ;) 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 ... ? Title: Re: If the current trend is sustained Post by: ask on September 02, 2013, 06:02:03 AM 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. |
