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Title: negative interest rates by ECB Post by: kuzza on June 05, 2014, 12:49:19 PM http://www.businessinsider.com.au/june-ecb-decision-2014-6?utm_content=buffer7c504&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer
what might happen to bitcoin?! Title: Re: negative interest rates by ECB Post by: damnek on June 05, 2014, 01:00:36 PM I think this news is more bullish for bitcoin than the eBay stuff
Title: Re: negative interest rates by ECB Post by: wachtwoord on June 05, 2014, 01:10:42 PM Okay, so let's help the banks some more and lend at negative interest rates. I'm seriously starting to consider central banks are the closest thing to evil on this planet. Why are they tolerated?
Title: Re: negative interest rates by ECB Post by: Ibian on June 05, 2014, 01:13:02 PM This is why I don't keep any money in the bank. They are a necessary evil in order to get money in and out of bitcoin right now, but at least that's me taking advantage of them and not the other way around.
Title: Re: negative interest rates by ECB Post by: kuzza on June 05, 2014, 01:30:09 PM I think this news is more bullish for bitcoin than the eBay stuff definitely more bullish than ebay. Besides the eBay stuff might just be a marketing play and I doubt will be implemented within 2014. ECB news? Instant. Title: Re: negative interest rates by ECB Post by: Dalmar on June 05, 2014, 01:33:03 PM EU traders can just switch to foreign investments and currencies. There's no need for them to buy bitcoin, especially the institutional ones see it as an obvious bubble.
Title: Re: negative interest rates by ECB Post by: sinner on June 05, 2014, 02:02:02 PM Okay, so let's help the banks some more and lend at negative interest rates. I'm seriously starting to consider central banks are the closest thing to evil on this planet. Why are they tolerated? cuz most people are not like you and me. the average person is retarded and wont even know about this. as a bitcoin hodler, im so excited to see central banks doing this. Title: Re: negative interest rates by ECB Post by: alexeft on June 05, 2014, 02:20:16 PM Now, watch the banks chasing THE LAST person that is without debt!!!!!!!!!!!!! :D
I think we are in for a huge laugh!!!!! ;D Title: Re: negative interest rates by ECB Post by: spazzdla on June 05, 2014, 03:21:20 PM Boys and girls... Ladies and Gentlemen!! We have here the bitcoin rocketship, currently we are fueling it up, step right up, step right in and join the ride to the MOON!!!
Title: Re: negative interest rates by ECB Post by: Hunyadi on June 05, 2014, 03:24:02 PM This should be huge! This underlies the fundamental weakness of fiat money ;) ...euro is broken...
https://www.youtube.com/watch?v=yc6Hp_Zq3rU (https://www.youtube.com/watch?v=yc6Hp_Zq3rU) ..to be continued ;D Title: Re: negative interest rates by ECB Post by: Carra23 on June 05, 2014, 06:54:13 PM I think this news is more bullish for bitcoin than the eBay stuff It is, though it still sounds too dumb to be true. Title: Re: negative interest rates by ECB Post by: jjc326 on June 05, 2014, 06:59:21 PM This is really nuts. Charging you for them to hold your money and lend it to someone else and they make all the money there too.
At some point we're due for another economic downturn (in the US at least) and the central banks won't have ANYTHING to fight it. They tried to kill the business cycle and they did alright, now the economy will be growing at 0% permanently ahha. |