Well, you`ve got a point there...but the normal everyday cars sucked...no they don`t and AUDI still makes good race cars.
For ice and snow:  http://www.youtube.com/watch?v=LUB5C49iLxYFor pure presidential purposes though, only ONE car is 133+.   |
|
|
|
G'nite everyone...  |
|
|
|
|
Regardless of general belief; I can certainly assure you newbies, that most of the regular farts here are not
TARDING
but
HODLING
which, I find; you know... genius!
|
|
|
|
This is EXACTLY what happened in May. Huge walls popped up and pushed up the price on low volume.
Keep holding dat fiat. Do you assume because I am mid term bearish that I hold 100% fiat at all times? 60% btc as of a few hours ago. Sorry... let's make modified versions of spell checkers for bitcoiners that correct hold to hodl. Yep; Merriam Webster should include "HODL" as a unique BTC trading term from now on. |
|
|
|
This is EXACTLY what happened in May. Huge walls popped up and pushed up the price on low volume.
Keep holding dat fiat. Do you assume because I am mid term bearish that I hold 100% fiat at all times? 60% btc as of a few hours ago. |
|
|
|
Ch00-Ch00? |
|
|
|
wow, even though he is going to lose, the courts are going to have to make a ruling on it, and more or less claim that btc is property and thus give it all sorts of rights. pretty cool for btc. also he more or less admitting to running silk road must mean his case is extremely weak. Yes, I think it's good too. I don't believe that he's gonna get away with it though. Maybe he cut a deal with them. Who knows? We'll see at the trial. |
|
|
|
If you were in bit coin in may then you might feel what phase were in.
How is that bearish trendline looking TERA? What happens if we flatline out of it? If we break it with this low volume then its a TARP. We might see some weeks of stability and even a miniature rally on some hype followed by a slow burning downtrend all the way down near the floor. TARP IS GUUDE!!!  |
|
|
|
choo choo!!
yes new recent high  Congrats brother; I wish you both, to keep the love until the time ends... This was the best wish I had on my wedding day. |
|
|
|
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-kyproSad 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.aspxWhenever 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. |
|
|
|
Satanist bears trying to keep it a 666 for the baby jebuses birthday. for shame
THAT'S BETTER!!!$669.99999 |
|
|
|
May I please REPEAT myself? Thankya... |
|
|
|
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?
Yep. This is pretty much accurate. In Cyprus they took every cent above 100,000euro creditors. I've watched a show about it; one of them was the "economic nobel prize" winner, a professor in economics who got 1,000,000 of euro as his prize and he was left with 100,000...  Zhou Tonged - Cyprus Anthem http://youtu.be/yc6Hp_Zq3rUMore volatility than BTC in a year  |
|
|
|
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?
Yep. This is pretty much accurate. In Cyprus they took every cent above 100,000euro creditors. I've watched a show about it; one of them was the "economic nobel prize" winner, a professor in economics who got 1,000,000 of euro as his prize and he was left with 100,000... |
|
|
|
So banks are not safe, what else is new? Bitcoin is not safe (not 100%) 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! With bitcoin it depends on your own security. So you decide how secure it is, not someone else. That's what's important is in this case. As we speak those things are being built. I heard armory received a fair amount of money from investors for example. Give those projects some time and i'm sure bitcoin will be accessible for Joe also. +1 Exactly. |
|
|
|
So banks are not safe, what else is new? Bitcoin is not safe (not 100%) 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! Under sane perspective, NOTHING is safe. Not gold, silver, bullion, even real estate isn't safe. What's your point here? |
|
|
|
So banks are not safe, what else is new? For you and me (among others here) it's not new. But imagine what happened in Cyprus x 25. Then you will get the idea. |
|
|
|
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? |
|
|
|
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....... There will be a year after the directive is forced to action. Nevertheless the EU stress tests for determining which banks are the "lowballs" are already on and will be due to 2014. This is an interesting thing if you add the latest ratings from S&P. http://www.huffingtonpost.com/2013/12/20/eu-credit-rating-cut_n_4477738.htmlWe'll see. My gut tells me to HODL! |
|
|
|
|
Show Posts
