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Author Topic: EU Bnks Stock vs Bitcoin Comparison  (Read 360 times)
Pab (OP)
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June 17, 2016, 12:13:54 PM
 #1

Small comparison
EU banks stock is going down down down
From begining of year Deutche Bank has fail almost 60% Commerzbank the same
Italian banks even more over 70%

That time Bitcoin price has inreased significantly
Yesterday banks stock failed one time again
Analitics are trying to suggest that it is about Brexit
Nobody believe,Derivative investments are knocking,and investors are looking for alternatives
If that theory is real,btc price will stay high,with possibility of rise in future

 
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pitham1
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June 17, 2016, 02:39:32 PM
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Why would you compare the two?
Bitcoin is a totally different asset class.
Plus banks are struggling to lend in this current environment of ample liquidity.

Cyaren
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June 18, 2016, 04:58:07 AM
 #3

Small comparison
EU banks stock is going down down down
From begining of year Deutche Bank has fail almost 60% Commerzbank the same
Italian banks even more over 70%

That time Bitcoin price has inreased significantly
Yesterday banks stock failed one time again
Analitics are trying to suggest that it is about Brexit
Nobody believe,Derivative investments are knocking,and investors are looking for alternatives
If that theory is real,btc price will stay high,with possibility of rise in future


I have a feeling that when bitcoin prices go up, it means that the economy is really going into trouble. There is really no proof for that statement, but I just believe it myself Tongue

I see bitcoin as a good store of value, as opposed to stocks and housing.
davis196
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June 18, 2016, 06:45:22 AM
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Small comparison
EU banks stock is going down down down
From begining of year Deutche Bank has fail almost 60% Commerzbank the same
Italian banks even more over 70%

That time Bitcoin price has inreased significantly
Yesterday banks stock failed one time again
Analitics are trying to suggest that it is about Brexit
Nobody believe,Derivative investments are knocking,and investors are looking for alternatives
If that theory is real,btc price will stay high,with possibility of rise in future


There`s no correlation between bank stocks and btc,so it`s pointless to compare them.

Bank stocks are going down because of the European financial crysis and the negative interests.

I don` think that people will move their money from EU banks to btc,because their deposits are guaranteed

and all the EU banks are supported with cheap funds by the European central bank.

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