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What complicates this news story is, many ATM's are manufactured or designed by shell companies that are owned by organized crime(if I'm remembering right).
It could be a plot where organized crime designs and builds ATM machines with vulnerabilities intentionally built into their design.
Then years later, organized crime uses their base thugs to harvest ATM's and turn additional profits.
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Bitcoin's value could represent the degree to which people of the world have lost faith in their leaders, experts, economy & system to serve the peoples best interest.
As people of the world lose faith in their local currency & the economic policies of governments, they will look for alternatives like bitcoin.
That is one aspect of bitcoin's value that could be represented in its price increasing.
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Having been accused, and found guilty, of rigging and manipulating virtually every possible asset class, perhaps it was inevitable that Deutsche Bank, currently on trial in Milan for helping Banca Monte dei Paschi conceal losses (as first reported last October in "Deutsche Bank Charged By Italy For Market Manipulation, Creating False Accounts") is now facing accusations that it was actually running an international criminal organization at the time. In the closely watched lawsuit, prosecutors used internal Deutsche Bank documents and emails to persuade a three-judge panel to rule that there were additional, aggravating circumstances to the charges the German lender already faces related to various derivatives transactions. As Bloomberg reported overnight, the material included a London trader’s "well done!" message to a banker who is now on trial. The reason why prosecutors are seeking expanded charges against the German banking giants is that by allowing prosecutors to argue that the bank's market manipulation crimes were committed by an organization operating in several countries would lead to higher penalties if they win a conviction. Predictably, Deutsche Bank's lawyer, Giuseppe Iannaccone, sought to block the move at Tuesday’s hearing, saying there wasn’t a clear connection between the original charge of market manipulation and the alleged aggravating circumstances. “The trial for Deutsche Bank managers becomes more problematic after the judge’s decision,” said Giampiero Biancolella, an attorney specializing in financial crime who isn’t involved in the case. “If proven, the aggravating circumstance may increase the eventual jail sentence for the market manipulation to a maximum of nine years.” As a reminder, Deutsche Bank and Japan's Nomura both went on trial in Milan in December, accused of colluding with Monte Paschi to cover up losses that almost toppled the Italian lender before its current battle for survival. Thirteen former managers of Deutsche Bank, Nomura and Monte Paschi were charged for alleged false accounting and market manipulation. Focuing on the German bank, six current and former managers of Deutsche Bank, including Michele Faissola, Michele Foresti and Ivor Dunbar, were charged in Milan last year for colluding to falsify the accounts of Monte Paschi (which itself is so insolvent it recentl got its third state-funded bailout) and manipulate the market. As a further reminder, Michele Faissola is the DB banker who was implicated in the death of DB's senior risk manager, William S. Broeksmit, who was found dead in 2014 after committing a still unexplained suicide. Going back to the accusation that Deutsche Bank is a global criminal cartel, the prosecution’s request to label Deutsche Bank an international criminal association hinged on events that occurred in other parts of the globe, including the possible manipulation of an index, which isn’t the subject of charges in the Milan case. Specifically, as Bloomberg previously reported, a 2014 confidential audit commissioned by German regulator Bafin said that Deutsche Bank employees may have manipulated internal indexes to help ensure the success of the deal. The study, requested by Bafin, said an internal Deutsche Bank review described “abnormalities” in the values of proprietary indexes used to set the price for the Monte Paschi deal in December 2008. The internal Deutsche Bank report, which has never been made public, is cited in the Italian court documents seen by Bloomberg. "DB’s own trading activities were a significant factor in the observed ‘spike’ in prices and volumes," a portion of the bank’s document says.
On the afternoon of Dec. 5, 2008, just one minute and 57 seconds after the futures price underlying the index had spiked to a level required for the deal to succeed, a trader in London pushed the button on the "well done!" email, evidence introduced to the Milan court shows. The recipient was Michele Foresti, then the bank’s head of European fixed income. Iannaccone, the lawyer for Deutsche Bank who is also defending Foresti, said the judge’s decision had to be respected and declined to comment on it. "We will clarify everything during the trial." While investigators at the Frankfurt-based bank couldn’t “unequivocally” link the spike to manipulation or the deal’s outcome, according to the Bafin-commissioned audit, the communications among the Deutsche Bank employees "provide a connection between the trading activity and the MPS transaction," the bank’s internal probe concluded. Should the judge in the Milan case find Deutsche guilty of "running an international criminal organization", it will be a new low for the bank whose actions over the past several years have attracted global attention due to its criminal breach of laws and regulations in every market in which it has participated, resulting in dramatic and periodic executive changes, as well as the non-payment of bonuses for virtually all employees in 2016 as the bank's stock briefly crashed to all time lows last summer. http://www.zerohedge.com/news/2017-05-18/deutsche-bank-accused-running-international-criminal-organizationCould this be evidence a "cashless society" where banks control, regulate and have a monopoly over all currency transactions is a bad idea? Unfortunately for us, the mainstream media never reports on the indiscretions of banks & many other things and people who are in league with pro banker ideology. For those who say pre-mined altcoins are scams & regulation would "fix" it. How does it feel to know banks engage in the same manipulation of assets at the highest levels with regulation doing nothing to stop it?  |
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If japan, russia and australia gains a large enough mining contingent to upset bitcoin unlimited's group of centralized miners, I think BTC's price will continue to increase.
The lower the % percentage of bitcoin unlimited's mining faction decreases, the more stable and decentralized bitcoin will appear. The safer people will feel about investing capital in BTC. The more the price should increase.
If bitcoin unlimited died tomorrow, I think the price would rise for sure with one of the greatest threats to the stability and future of BTC being removed.
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When the price of BTC rises, it pulls the value of other altcoins up with it. Hopefully BTC's value never declines. Given the state of the world economy with the united states burying itself beneath $20 trillion in debt, its possible the rise of BTC will continue as countries which adopted the us dollar as a reserve currency seek to further de-dollarize and unpeg their respective economies from what in the future could be a crashing hyperinflating dollar.
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I love BTC but when there's a vacuum and a dire need for something whether it be horseless carriages or another life changing invention, something else typically steps in to fill the gap.
Retailers could well switch to an alt, or a better technology designed from the ground up to scale high speed transactions (and spam protection) will likely be invented at some point to address some of the areas bitcoin isn't great @.
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As a newbie, I'm really curious what the daily ROI of a bot is? My guess is 2-3% profits/day. Is it bigger for forex bots? What would happen if someone used a 10% ROI bot?
I would guess the ROI for bots is lower than 1% per day. Most high ROI claims for bot trading are from the bot buying and holding BTC or other crypto when the price is increasing 20% or more in a short time. There are never hard percentage % numbers for ROI over time, due to ROI being limited by trading volume. If within a 24 hour period, 5 bitcoins on average are bought or sold on an exchange, that can represent an upper cap on potential ROI. Average price spread over time & other variables could further limit theoretical ROI. |
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Russia is one of the oldest to be run by international bankers: The Central Bank of the Russian Federation also known as the Bank of Russia (Russian: Банк России Bank Rossii) is the central bank of the Russian Federation, founded in 1860.
How else would profiteering from FINANCED wars involving Russia be so easy for international central banks to coordinate?
I think most can agree Hillary Clinton represents international banking cartels. If russia is run by central banks, why would Hillary call for war between russia and the united states? NATO and the UN have consistently acted against russian interests in ukraine and europe. Conflict between russia and politicians who are funded by globalists, doesn't make much sense if you think about it. Russia waging war against the united states, with both countries trying very hard to undermine each other is like bankers going to war with bankers. It only makes sense if russia isn't run by central banks. A country having a central bank isn't evidence they're on team globalism. Hungary has a central bank and managed to cut all ties with globalist parties. Russia having a central bank, doesn't mean anything. Neither Putin nor russia's government are pushing gender fluidity, atheism, socialism, open borders & immigration nor any of the campaigns bankers push worldwide. Russia does not look like a country run by central bankers. Can you name a large corporation founded recently? Until you can your whole question is pointless. Just in case, Facebook is not a corporation. On the other hand, Samsung is such corporation (just the first name which came to my mind), simply and unpretentiously called Samsung Group (and it is from Korea). Unsurprisingly, this group also includes quite a few affiliated businesses or owned companies busy with financial and banking operations. As per Wikipedia, "Samsung Life Insurance currently holds a 7.4% stake in the South Korean banking company DGB Financial Group, making it the largest shareholder". And this is only what can be called public knowedge, something which you can read about in Internet Initially, you said corporations "start" their own banks. Now you're saying corporations do not start banks. They buy stock in existing banks. What you're saying seems to evolve and change everyday!  |
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I think this friday is also bellator 179, Paul Daley vs Rory MacDonald.
There could be some good fights on that card although unfortunately Michael Venom Page vs Derek Anderson was cancelled after Page suffered a knee injury.
I think the card airs early in the morning for north america and will be on a tape replay. Have to get those bets in earlier than normal.
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Local businesses using bitcoin is an interesting idea.
Does anyone have a website or info of small businesses implementing crypto?
I would be interested to see examples of it in action.
If I ever run a small business, I'll definitely include crypto as a payment option. Maybe not for things that are expensive but for smaller goods and services it would be a great option. The only negative drawback I see is the transfer fee, which could mean bitcoin would mainly be used for things which are expensive.
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If you're asking how to make a good prediction from a market point of view.
That involves market basics and the different methods people use to call tops/bottoms of trends, identify overvalued and undervalued assets, etc.
There are a lot of different techniques and methods people use. "Technical analysis".
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It sounds as if you're oversimplifying.
"Free to use bitcoin for any purpose." That could be an oversimplification. Some would object to bitcoin being used for money laundering, terrorism or crime. The idea and spirit behind bitcoin isn't to create a currency that can be used for literally anything whether it be moral or immoral.
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Stocks, bonds, real estate aren't a bubble.
The underlying issues are wealth/wage inequality and the negative effect it has upon the world economy.
Big taxes, the high cost of healthcare & rent being expensive has a negative economic impact as those liabilities deplete the dollar sum that can be spent on the economy.
Analysts who claim a bubble is coming, aren't really talking about a bubble where things are overpriced.
Its more accurate to say they're acknowledging the spending power of the average person is declining to a point where prices can't be maintained.
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If big blocks are a "good idea" has anyone made an altcoin with larger blocks to see how well it performs?
There is a vacuum and a need for crypto that can support higher transaction rates. If an effective technology to solve bitcoin's shortcomings comes along, it could replace bitcoin as a de facto standard.
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I wonder if Donald Trump has something to do with this.
Trump also said he would consider re-implementing glass steagall to help keep investment bankers over-leveraging on depositors funds under wraps.
Lots of good policies and executive orders coming from Trump.
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Bitcoin is less anonymous than a suitcase full of cash.
There are many ransomware schemes involving digital transactions other than bitcoin tend to be more effective, and for some strange reason aren't as widely publicized.
Its possible ransomware schemes involving bitcoin are false flag ops.
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A person would probably need inside sources at banks, the SEC, bitcoin unlimited and governments around the world to make an informed prediction.
They would need to know weeks or months in advance that japan, russia and australia were planning to accept bitcoin/crypto as legitimate currency. They would need to know what bitcoin unlimited and the SEC have planned. As well as other inside info that hasn't come into play with bitcoin's price recently but may make a difference in the future.
There are big questions revolving around the united states being $20 trillion in debt and various "de-dollarization" plans to cope with the fallout of worse case scenarios relating to the us dollar functioning as the "reserve currency" of many nations, which must also be answered.
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To start a bank you need sufficient capital
If you have that, you can start a bank, as plain and simple as it gets. This is certainly not about "no one is allowed to start a bank". Apart from that, I don't see what it has to do with your point. Further, it is not my idea that big corporations can and do establish their own "pet" banks (I have provided you a link). In fact, many international or just large enough companies which started as pure production (or whatever) firms are now part of large financial groups which include banks to serve the interests of these groups. The fact that Facebook doesn't have a bank means that it is not a corporation (which it is not) or it doesn't need a bank, just as simple. I don't understand why you continue this futile argument
Gazprombank was founded in 1990. Its not a new bank. Russia being one of the few countries not run by international bankers, it is probably one of the few countries which would allow someone to start a relatively new bank. Can you name a bank that was recently founded by a large corporation as you claim? It is illegal to start a bank in most countries that are run by central banks. There's a reason why no one goes into the banking business despite the technology being used by most banks being old, obsolete and outdated. |
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Ignore the SEC. They're an irrelevent sock puppet for banks, corporations and the financial industry.
The SEC is too biased and partisan to be objective or rational when it comes to bitcoin ETF's.
I doubt we'll ever see them reach a verdict fairly in regard to crypto.
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Reason #1823795 not to trust banks.  German GDP: $3.9 trillion Eurozone GDP: $13.2 trillion Deutsch Bank: $64 trillion (Derivatives Exposure) When banks artificially inflate their derivatives gambling larger than the size of the GDP economies they represent, that is a recipe for disaster. US banks are even worse with more than $231 trillion in derivatives.  |
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