DEUTScHE BANK ALMOST BANKRUPT WILL SEND BITCOIN TO THE MOON

[uki]

Be careful what you wish for.
Last time a major bank failed it spread around the world, next time it could be worse.

If there was a worldwide crash & economic crisis we would all be rich by owning bitcoin.

Bring it on I say.

Would we? How had BTC performed on the last economic crisis? Oh yeah Bitcoin wasn't around back than, so you have no fucking idea..
Good luck feeding your family with your bitcoins, when you have lost your jobs and homes.

That is also my point. We have too little data to predict how good would be Bitcoin if the end of great Keynesian experiment will happen.
It is about its acceptance and recognition. And thus far, I don't see many people paying for their groceries and everyday shopping with Bitcoin. We are not there yet and probably if something that big happened any time soon, people wouldn't be very keen on using Bitcoin (it could have hurt Bitcoin more than help).

[1714771098]

1714771098

[Zarathustra]

54 trillion in debt? what the actual fuck man that's a shitload of money.

how do you even get that much debt?

Derivative exposure is not debt.

[600watt]

DB took part in almost every major banking scandals of the past decade. oh, them deserve to go down..

but, as it has been said in here before: DB is too-big-to-fail.

[Pab]

It is one of the bankswhat i wish be bankrupt.But first i will like to see banksters jailed and paying  from his own pockets.Most of Deutche Bank looses are cost of lawyers as USA prosecutors has opened against bank legal case for Russian oligarch money laundering in a time of embargo,crime.Instead that thay have new CEO,previous one get his few mln dollars to go away and dont worry ,thay will recover,thay always has free money from UE taxpayers pockets and from Mario Draghi QE
cest la shit vie

[coric]

DB took part in almost every major banking scandals of the past decade. oh, them deserve to go down..

but, as it has been said in here before: DB is too-big-to-fail.

They do deserve this, more than any other bank in Germany for sure. But so do others in London, New York, Paris and Hong Kong. The only positive thing I can say about Deutsche Bank is , that they had one "advisor" who was too impatient in trying to scam me, and too transparent in her need to sell more lucrative "products". thus tipping me off and helping me to learn about Euribor, LIBOR etc before that collapsed, about the foundations of the Euro etc, longer before their crimes were proven. Pulling out of the commercial banks was one of my wisest choices. Unfortunately, her predecessor was more subtle

[ajareselde]

It's just another proof that bitcoin is always > fiat and banks. I just hope people don't get lured too much in diversing their assets in gold rather than in cryptocurrencies in general.
DB is not the first one to have problems, and it sure wont be the last, eventually people will be forced to recognize this fact.

[dloghwak]

Be careful what you wish for.
Last time a major bank failed it spread around the world, next time it could be worse.

I don't keep my money in the bank. Why would anyone?

I wasn't talking about bail-ins, I was talking about a global impact, a global recession.
But I guess you don't consume and don't have a job. I mean why would anyone?

[Ibian]

Be careful what you wish for.
Last time a major bank failed it spread around the world, next time it could be worse.

I don't keep my money in the bank. Why would anyone?

I wasn't talking about bail-ins, I was talking about a global impact, a global recession.
But I guess you don't consume and don't have a job. I mean why would anyone?

I live on a boat with a windmill for power and a water filter for endless amounts of drinking water and enough money to live like this for a very long time, and having too much fun traveling the world for next to nothing to really get worked up anymore. #oceanpreppers represent.

No situation is insurmountable if you keep informed and prepare ahead of time.

[katafrag]

Be careful what you wish for.
Last time a major bank failed it spread around the world, next time it could be worse.

I don't keep my money in the bank. Why would anyone?

I wasn't talking about bail-ins, I was talking about a global impact, a global recession.
But I guess you don't consume and don't have a job. I mean why would anyone?

I live on a boat with a windmill for power and a water filter for endless amounts of drinking water and enough money to live like this for a very long time, and having too much fun traveling the world for next to nothing to really get worked up anymore. #oceanpreppers represent.

No situation is insurmountable if you keep informed and prepare ahead of time.

Amsterdamer ?

[dloghwak]

Be careful what you wish for.
Last time a major bank failed it spread around the world, next time it could be worse.

I don't keep my money in the bank. Why would anyone?

I wasn't talking about bail-ins, I was talking about a global impact, a global recession.
But I guess you don't consume and don't have a job. I mean why would anyone?

I live on a boat with a windmill for power and a water filter for endless amounts of drinking water and enough money to live like this for a very long time, and having too much fun traveling the world for next to nothing to really get worked up anymore. #oceanpreppers represent.

No situation is insurmountable if you keep informed and prepare ahead of time.

Amsterdamer ?

Obviously somalian pirate.

[Ibian]

Be careful what you wish for.
Last time a major bank failed it spread around the world, next time it could be worse.

I don't keep my money in the bank. Why would anyone?

I wasn't talking about bail-ins, I was talking about a global impact, a global recession.
But I guess you don't consume and don't have a job. I mean why would anyone?

I live on a boat with a windmill for power and a water filter for endless amounts of drinking water and enough money to live like this for a very long time, and having too much fun traveling the world for next to nothing to really get worked up anymore. #oceanpreppers represent.

No situation is insurmountable if you keep informed and prepare ahead of time.

Amsterdamer ?

Scandinavian.

[OROBTC]

54 trillion in debt? what the actual fuck man that's a shitload of money.

how do you even get that much debt?

It's called Central Banks.  Their job is to put governments in debt and they are becoming increasingly good at it.  It is how they maintain control over the world.

Debt and derivative exposure may very well put Deutsche Bank at extreme risk.  Our debts (including the "Unfunded Liabilities" of Social Security and MediCare) are much larger than the +/- $19 trillion often discussed.

In fact, debt and derivative exposure is essentially unknowable...  The central banks have, at a minimum, been complicit in damaging our economies by endless ponzis...  As have the "regulators" (LOL, regulators: "JustUs Department").

[katafrag]

Be careful what you wish for.
Last time a major bank failed it spread around the world, next time it could be worse.

I don't keep my money in the bank. Why would anyone?

I wasn't talking about bail-ins, I was talking about a global impact, a global recession.
But I guess you don't consume and don't have a job. I mean why would anyone?

I live on a boat with a windmill for power and a water filter for endless amounts of drinking water and enough money to live like this for a very long time, and having too much fun traveling the world for next to nothing to really get worked up anymore. #oceanpreppers represent.

No situation is insurmountable if you keep informed and prepare ahead of time.

Amsterdamer ?

Scandinavian.

Scandinavians are the first and best pirates ever.

[Realpra]

Be careful what you wish for.
Last time a major bank failed it spread around the world, next time it could be worse.

If there was a worldwide crash & economic crisis we would all be rich by owning bitcoin.

Bring it on I say.

Would we? How had BTC performed on the last economic crisis? Oh yeah Bitcoin wasn't around back than, so you have no fucking idea..
Good luck feeding your family with your bitcoins, when you have lost your jobs and homes.

Bitcoin didn't move an inch during the Cyprus crisis, the recent Chinese stock drop nor during the Greek referendum.

Bitcoin may not rise during a crisis due to poor mainstream adoption, but it certainly won't fall.

[NorrisK]

DB going down would be a massive blow to the general economy.

Probably, it is not even allowed to fail, it will be saves by the government / EU , but that will take some serious, serious cash to turn those numbers around.

[katafrag]

Be careful what you wish for.
Last time a major bank failed it spread around the world, next time it could be worse.

If there was a worldwide crash & economic crisis we would all be rich by owning bitcoin.

Bring it on I say.

Would we? How had BTC performed on the last economic crisis? Oh yeah Bitcoin wasn't around back than, so you have no fucking idea..
Good luck feeding your family with your bitcoins, when you have lost your jobs and homes.

Bitcoin didn't move an inch during the Cyprus crisis, the recent Chinese stock drop nor during the Greek referendum.

Bitcoin may not rise during a crisis due to poor mainstream adoption, but it certainly won't fall.

nor during the Greek referendum >>> Man bitcoin hit +300$ until the greek bailout was official

[uki]

DB going down would be a massive blow to the general economy.

Probably, it is not even allowed to fail, it will be saves by the government / EU , but that will take some serious, serious cash to turn those numbers around.

It is definitely too big to fail. I wouldn't even consider such option.
Nevertheless, news like that is definitely playable and may add fuel to a speculative growth, like the one we are just witnessing.

[Pab]

Last news about DB.DB has to pay 262mln penalty,6 persons has to go away from Bank,thay will have independent scrutinity whatever it mean.What was proved.Money laundering 111mln iligal transactions from,to Arabic countrys,Russian oligarch money laundering vanished from news

Now tell me how much DB make froom that 111 mln transactions,thay were huge,262mln$ penalty ha ha,what a business open bank and launder money,best business in the world

[infofront]

54 trillion in debt? what the actual fuck man that's a shitload of money.

how do you even get that much debt?

Derivative exposure is not debt.

At the end of the day, just about all derivatives are debt.

[n2004al]

Hi,

lots of bad news about deutsche bank, any bankrupcy will send BTC to the moon.

Will post sources later... what do you think about it.

Sources are talking about trillions of debt.

I don't believe that Deutsche Bank will bankrupted. At least until now that I read the news or have seen which is talked about this. Anyhow it is very hard to believe this for a such bank and for a German big financial business. As I know the German economy is not in a bad situation (leaving apart the Volkswagen story). Maybe those two things are connected with each other. But let's wait the link with the news.