People are doing a lot of things for making BTC
just think about someone who want to work for 18/7 to make some money he/she will have better chance to get more amount here staying infront of there laptop.
if you want to know about regular income of people then serch in WIKI or you can Google
there are few country where monthly 12/6 days work pays $30-$50 (Doctors and Engineers)
so what they will prefer? working fucking 12hrs hard work or doing some signature camp.
Note: Everyone in Bitcoin world are not in US, UK, Europe, Australia, Singapore where people earn $15+ every hour
As I said, the people make it have no life Why? Any reason? Definition of life is always different with different kinds of thinking and mentality so what type of life you are discussing about and why? If you could give better reason that would be better. This turns a bit philosophical, lol, but ultimately it doesn't depend on what different kinds of thinking and mentality tell us about the type of life one leads. What it actually depends on in the end is one's own perception of their life (or absence thereof)... |
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If you are really curious about that percentage (i.e. the ratio of demand deposits to term deposits or the inverse relationship), we could approximately calculate it here (for Russian economy). On rough estimates, demand deposits compose less than one third of term deposits for individuals... So my guess is correct, lol |
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So the full reserve banking as you see it (i.e. encompassing only demand deposits) can't possibly prevent bank runs in the majority of cases, lol...
What about full reserve banking which encompasses all checking, savings, and time deposits, as well as all money market mutual funds? Why is this funny? This point has already been addressed by me previously (which you obviously have forgotten). In this case, banks would turn into money warehouses, and depositors would have to pay banks for storing their money (since they couldn't loan it and thus earn interest)... Well yeah, of course. But we wouldn't have any bank runs, right? Wrong. That's why I'm telling you that even 100% reserve banking won't help you. If we take as a basis the definition that you've given, then bank runs could still happen (i.e. the depositors trying to withdraw their funds immediately), but since there is no loaning (the money is in the money warehouse all the time), there will be no significant negative effects, if any, on the economy and no bankruptcies... |
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It seems that almost the same question was already asked by me. Do you want me to quote it?
You asked the question? Does that mean you don't know the answer? It was you who pretended that "their ( Northern Rock) subprime mortgage business involved loaning out demand deposits". So it is actually your responsibility to prove the point... Sorry about that. I withdraw my point. I've given strong logical reasons why demand deposits (checking accounts) for individuals should be much less than time deposits (saving accounts). It is obvious that the exact percentage will be different even for the same bank at different times...
So you don't know? For a given bank, it is impossible to tell unless you work in the bank. On the economy scale though, you could use monetary aggregates to calculate the averages for that economy, but these aggregates (how they are calculated) are different between economies... |
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So the full reserve banking as you see it (i.e. encompassing only demand deposits) can't possibly prevent bank runs in the majority of cases, lol...
What about full reserve banking which encompasses all checking, savings, and time deposits, as well as all money market mutual funds? Why is this funny? This point has already been addressed by me previously (which you obviously have forgotten). In this case, banks would turn into money warehouses, and depositors would have to pay banks for storing their money (since they couldn't loan it and thus earn interest)... |
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OK, but you agree that full reserve banking would prevent the vast majority of bank runs, right?
No, I can't agree with that. As I told you earlier, checking accounts make up only a small portion of individuals' money held in deposits in the majority of banks. Really? What percentage? What's the rest? It seems that almost the same question was already asked by me. Do you want me to quote it? You asked the question? Does that mean you don't know the answer? It was you who pretended that "their ( Northern Rock) subprime mortgage business involved loaning out demand deposits". So it is actually your responsibility to prove the point... I've given strong logical reasons why demand deposits (checking accounts) for individuals should be much less than time deposits (saving accounts). It is obvious that the exact percentage will be different even for the same bank at different times... |
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Even with full reserve banking on, banks are not guaranteed from problems that could provoke bank runs. Financial panic doesn't discriminate between good and bad banks...
OK, but you agree that full reserve banking would prevent the vast majority of bank runs, right? No, I can't agree with that. As I told you earlier, checking accounts make up only a small portion of individuals' money held in deposits in the majority of banks. Really? What percentage? What's the rest? It seems that almost the same question was already asked by me. Do you want me to quote it? |
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A run on a bank occurs when a large number of depositors, fearing that their bank will be unable to repay their deposits in full and on time, simultaneously try to withdraw their funds immediately." http://www.econlib.org/library/Enc/BankRuns.htmlEven this definition emphasizes that depositors 1) are afraid that the bank will be unable to repay their deposits, and 2) will try to withdraw their funds immediately |
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Even with full reserve banking on, banks are not guaranteed from problems that could provoke bank runs. Financial panic doesn't discriminate between good and bad banks...
OK, but you agree that full reserve banking would prevent the vast majority of bank runs, right? No, I can't agree with that. As I told you earlier, checking accounts make up only a small portion of individuals' money held in deposits in the majority of banks. So the full reserve banking as you see it (i.e. encompassing only demand deposits) can't possibly prevent bank runs in the majority of cases, lol... |
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Деноминация и девальвация - это совершенно разные вещи.
Извините, не знал совершенно. Спасибо что донесли свет истины. Какой Вы умный !!! Ну как там говорится, спасибо в карман не положишь, на хлеб не намажешь, в стакан не нальёшь...  |
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so hilariousandco, going for the 8000 now? As I got it, he didn't even reach 4000 posts last round, so we can consider this feat as next to impossible... |
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я сколько помню, с рублем и похлеще было. с битком это, так, мелочи. Да, рубль девальвировался примерно в 100 000 раз. Битку так слабо. (если чё, деноминация была в конце девяностых, 3 нолика тогда убрали. А разница на товары тогда и сейчас, примерно 100 раз) Деноминация и девальвация - это совершенно разные вещи. А так да, с рублём не соскучишься... |
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Why don't you make this story together !!
MtGox is The Boy Who Cried
This story is about a MtGox.
I thought this was going to be a Fresh Prince rhyme after this line  . Reminded me of Ma Baker by Boney M (though don't know why) |
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Finally, the Gox's CEO was killed by someone's gun Now with tens of millions of $$$ in his hand, he can hire Russian Spetsnaz to provide him with security.... Or he may even hire Chuck Norris... who knows? He has enough to clone chuck norris a few times and then we have some problems. As an option, he can just clone himself and then let his clone be killed by a crowd... |
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Биткойны: будьте готовы к взлету цифровой валюты
Ага, летайте самолётами British Airways (IRA)... |
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Вы просыпаетесь утром, наливаете чашечку кофе или чая, включаете ваш любимый информационный оповеститель и слышите новость — с сегодняшнего дня правительства крупнейших мировых государств включают в обращение систему платежей, основанную на бумажных носителях, в официальных источниках называемых «банкноты», или «купюры».
Система наличных денег удобна тем, что она независима и локальна, здесь и сейчас (т.е. не требует всяких расчётных центров с сопутствующей инфраструктурой). Как-то так... |
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ЦБ Венгрии предупредил о рисках, связанных с биткойнами Центральный банк Венгрии опубликовал заявление, в котором предостерег энтузиастов криптовалют об имеющихся рисках их использования.
Своим пресс-релизом главный финансовый регулятор страны фактически присоединился к большинству других стран, которые поступили аналогичным образом. Уже понятно, что подобные заявления формально не запрещают гражданам покупать или продавать криптомонеты, однако операции с ними при определенных обстоятельствах могут нарушить другие законы, в частности, закон по борьбе с отмыванием денег. ИсточникОни там все сговорились что ли? |
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А вот с какой целью спекулянты их складируют? Курс растет при обороте, при движении средств и тем самым постоянном интересе к этой валюте. А если биткоины оседают и перестают использоваться и курс падать будет. В чем резон?
В притоке новых лохов пользователей, готовых продать душу квартиру за пару битков... |
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я сколько помню, с рублем и похлеще было. с битком это, так, мелочи. Самая первая мысль, что в голову пришла (про рубль, что не для слабонервных)... |
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