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znort987
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March 16, 2013, 01:48:23 PM
 #1

z

Bitcoin-OTC ratings for znort987                           Vanity:1ZnortsoStC1zSTXbW6CUtkvqew8czMMG
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nexus6
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March 16, 2013, 01:51:39 PM
 #2

They have blocked all the Cypriot bank accounts..
http://www.reddit.com/r/europe/comments/1aeht8/eurozone_and_imf_agree_10bneuro_cyprus_bailout/c8wouo2

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March 16, 2013, 01:52:45 PM
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Bitcoin users not affected Cheesy

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March 16, 2013, 02:09:48 PM
 #4

Definetley good news for bitcoin, but only in the long run. Atm's are out of money by now, online acces to funds is down and when people can acces their funds tuesday the tax has allready been taken.

Bitcoin trinkets now on my online store: btc trinkets.com <- Bitcoin Tiepins, cufflinks, lapel pins, keychains, card holders and challenge coins.
darkmule
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March 16, 2013, 02:13:19 PM
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It is difficult to comprehend the short-sighted insanity of this decision.  Basically they are saying, stay the fuck away from our banks.  I'm not sure how you could devise a policy more likely to generate long-term instability.
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March 16, 2013, 02:20:41 PM
 #6

It is difficult to comprehend the short-sighted insanity of this decision.  Basically they are saying, stay the fuck away from our banks.  I'm not sure how you could devise a policy more likely to generate long-term instability.

QFT. There is no end to current stupidity.

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n8rwJeTt8TrrLKPa55eU
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March 16, 2013, 02:42:49 PM
 #7

This news could start a chain reaction with several dominoes falling.

Imgagine how much a single Bitcoin would be worth and how much momentum Bitcoin would have gotten if it had been developed in 2006 and had been established by the time the financial crisis of 2008 rolled around.

Next week should be very interesting in financial and BTC markets.
davout
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March 16, 2013, 02:46:54 PM
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Bitcoin-Central.net is offering a Cyprus special.

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March 16, 2013, 02:51:05 PM
 #9

Great idea by Bitcoin-Central! We need to take advantage of news like these. Especially for those talking about how converting your savings into Bitcoin is a big risk.

BTC: 17BTWGuG3EKaZuTYuEpV1ewVz3UKgUqfEP
LTC: Lf5hcNH5dQPH9dZYC7odSuWvuz37DMi9Gg
Piper67
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March 16, 2013, 02:57:17 PM
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It is difficult to comprehend the short-sighted insanity of this decision.  Basically they are saying, stay the fuck away from our banks.  I'm not sure how you could devise a policy more likely to generate long-term instability.

And yet, people have short memories. These moves have happened before, and in less than a decade people are again putting money into the same banks.

But I agree, this is a win for Bitcoin in the long run.
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March 16, 2013, 04:05:39 PM
 #11

Exhibit A about why every household should own a meaningful amount of bitcoins:

http://www.zerohedge.com/news/2013-03-16/europe-does-it-again-cyprus-depositor-haircut-bailout-turns-saver-panic-bank-runs-br
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March 16, 2013, 06:52:54 PM
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Part of me is not surprised at all and the other part of me is thinking its just so unbelievably disgusting and immoral it's shocking!  Shocked
01BTC10
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March 16, 2013, 07:52:35 PM
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Bitcoin users not affected Cheesy


inge
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March 16, 2013, 10:03:17 PM
 #14

How do you say "Bitcoin" in Greek-Cypriot?...

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March 16, 2013, 10:20:31 PM
 #15

Μπιτ κόιν. It's the same.
mccorvic
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March 16, 2013, 10:53:48 PM
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I don't know how to Reddit, but moar peeps should be bittipping in there Cheesy

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
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March 17, 2013, 01:04:00 AM
 #17

It is difficult to comprehend the short-sighted insanity of this decision.  Basically they are saying, stay the fuck away from our banks.  I'm not sure how you could devise a policy more likely to generate long-term instability.

And yet, people have short memories. These moves have happened before, and in less than a decade people are again putting money into the same banks.


this kind of memories will get built into bitcoin price
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March 17, 2013, 02:11:16 PM
 #18

The hits just keep on comin':

Quote
Jeroen Dijsselbloem, the president of the group of euro area ministers, declined Saturday to rule out taxes on depositors in countries beyond Cyprus, although he said such a measure was not currently being considered.[...]

Quote
The Central Bank of Cyprus, in a letter to Cypriot banks has ordered all banks to temporarily freeze money orders and funds transfers, reports Ευρωπαϊκή Κρίση Χρέους.

The letter dated March 16, 2013 is marked "confidential" and temporarily prohibits institutions subject to supervision by the Central Bank from issuing money orders or  any other transfer of funds using any payment system or clearing and settlement systems, within or outside the Republic, including transfers within the same institution.

http://www.economicpolicyjournal.com/2013/03/euro-minister-doesnt-rule-out-taxes-on.html
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March 17, 2013, 02:39:56 PM
 #19

ya know that feeling when you're riding a roller coaster, climbing the first big hill or such? the anticipation as you climb? yea. this triggered the same notion...

My 3D printing Shapeways shop: http://www.shapeways.com/shops/elysium Want something custom? Send me a pm. tips - 1F4j4Lha8BjL4wxwFVbGaQwMJ4Kd1brfXb
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March 17, 2013, 04:10:11 PM
 #20

Μπιτ κόιν. It's the same.
Their English knowledge is perfect most of the times - used to be a British colony.

Αδέρφια Κύπριοι πόσοι είστε εδώ μέσα??
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