zeroday (OP)
Donator
Hero Member
Offline
Activity: 784
Merit: 1000
|
|
March 16, 2013, 07:32:43 PM |
|
Today I found that I cannot transfer money from my company's account in Cyprus (EU) bank. All money on all accounts are frozen until they debit 9.9% newly established "tax" to "support" rotten European economics. This is for real, I'm really losing 9.9% of my assets which fu*king EU will confiscate to patch their own economical mistakes Angry crowds on streets in Cyprus are trying to withdraw something from their cards in ATMs. Nobody's money are secure in EU banks now. Just read news
|
|
|
|
giantdragon
Legendary
Offline
Activity: 1582
Merit: 1002
|
|
March 16, 2013, 08:13:57 PM |
|
I think it is good news for Bitcoin - some people who lost funds in these banks may turn savings into cryptocurrency.
|
|
|
|
zeroday (OP)
Donator
Hero Member
Offline
Activity: 784
Merit: 1000
|
|
March 16, 2013, 08:27:35 PM |
|
That's true. Actually my losses, caused by stealing 9.9% of my account balance by EU Government, are compensated by gains made from the rise of BTC value. I bought some BTC a year ago and now I'm really happy I did it. Now i see that "Anarchists Cryptocurrency tha is Backed by Nothing" is really more secure than EURO currency which is backed by European Government.
When they finish robbing my bank account and finally unlock it, I'll flush all those damn EUR to buy more gold and bitcoins.
|
|
|
|
Global BTC
|
|
March 16, 2013, 08:33:16 PM |
|
Is this really a EU thing, and not a Cyprus thing?
|
|
|
|
pinger
Legendary
Offline
Activity: 1512
Merit: 1001
Bitcoin - Resistance is futile
|
|
March 16, 2013, 08:36:33 PM |
|
Probably it is. Lets see what happens on Monday if people go to take their money from the bank on other countries like Greece, Spain, Italy, Portugal or Ireland.
|
For rent
|
|
|
zeroday (OP)
Donator
Hero Member
Offline
Activity: 784
Merit: 1000
|
|
March 16, 2013, 08:49:53 PM |
|
Is this really a EU thing, and not a Cyprus thing?
Yes it is. EU has explicitly insisted on it. Read this: Early Saturday, the nation (Cyprus) reached an agreement with international lenders (EU-IMF) for bailout help. Part of the agreement: Bank depositors with more than 100,000 euros ($131,000) in their accounts will take a 9.9 percent haircut. Even those with less in savings will see their accounts reduced by 6.75 percent. That’s right: Anyone with money in a Cypriot bank will have significantly less money when the banks open for business Tuesday than they did on Friday.
( source)
|
|
|
|
inge
|
|
March 16, 2013, 09:57:50 PM |
|
Is this really a EU thing, and not a Cyprus thing?
Well, yes and no. I remember something like this back in early '90's in Italy. Italy,at the time, was trying to fit into Maastricht treaty...
|
|
|
|
Gatekeeper
|
|
March 16, 2013, 10:18:07 PM |
|
that's an absolute disgrace, they can just decide to steal 9.9% of your money and there's nothing you can do about it.
Wow what a great offer, deposit your cash with us and we'll steal 10% of it to pay off debts made by corrupt bankers
|
(1470) <KLYE> But I was far too drunk to fuck a midget (1470) <KLYE> I will fuck a chicken for 250 btc
|
|
|
alir
Member
Offline
Activity: 215
Merit: 11
|
|
March 16, 2013, 11:14:25 PM |
|
Sounds awful, yet another reason I only trust banks with small amounts.
It may sound stupid, but investing in a safe to store all your valuables where they cannot be touched by the government is your best bet. Just don't be cheap with the safe if you're going to store a lot in it.
|
|
|
|
vdragon
|
|
March 16, 2013, 11:46:37 PM |
|
No sign of something like this in Hungary
|
|
|
|
FreeMoney
Legendary
Offline
Activity: 1246
Merit: 1015
Strength in numbers
|
|
March 17, 2013, 12:02:53 AM |
|
No sign of something like this in Hungary
I have no idea about Cyprus or Hungary, but in general I would think that "no warning" is exactly what one would experience right before confiscation.
|
Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
|
|
|
Raoul Duke
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
|
|
March 17, 2013, 12:14:43 AM |
|
No sign of something like this in Hungary
give it enough time... When they see it works they will.
|
|
|
|
KWH
Legendary
Offline
Activity: 1904
Merit: 1045
In Collateral I Trust.
|
|
March 17, 2013, 12:18:46 AM |
|
No sign of something like this in Hungary
give it enough time... When they see it works they will. Yes. They are already thinking up ways to get in our retirement money and people leaving high tax states are being taxed to leave. Little money is kept in my account these days.
|
When the subject of buying BTC with Paypal comes up, I often remember this:
Insanity: doing the same thing over and over again and expecting different results.
Albert Einstein
|
|
|
phlogistonq
|
|
March 17, 2013, 12:37:56 AM |
|
Is this really a EU thing, and not a Cyprus thing? Yes. The problem is that a lot of Russian money is parked in Cypriotic bank accounts, and the EU doesn't feel like spending a few billion Euro's to protect the savings of Russians. Hence this solution, in which the Russians are forced to help pay the debt as well. Stealing money from actual hard-working Cypriots is considered collateral damage. Very sad indeed. Good news for bitcoin, bad news for the poor Cypriots, for the EU and for the future of the Euro.
|
|
|
|
Fiyasko
Legendary
Offline
Activity: 1428
Merit: 1001
Okey Dokey Lokey
|
|
March 17, 2013, 12:38:13 AM |
|
*chanting* RUN ON THE BANK, RUN ON THE BANK, RUN ON THE BANK!
|
|
|
|
inbox
|
|
March 17, 2013, 01:02:47 AM Last edit: June 20, 2013, 01:47:21 PM by inbox |
|
.
|
|
|
|
zeroday (OP)
Donator
Hero Member
Offline
Activity: 784
Merit: 1000
|
|
March 17, 2013, 02:19:32 AM Last edit: March 17, 2013, 02:30:46 AM by zeroday |
|
Yes. The problem is that a lot of Russian money is parked in Cypriotic bank accounts, and the EU doesn't feel like spending a few billion Euro's to protect the savings of Russians. Hence this solution, in which the Russians are forced to help pay the debt as well.
Stealing money from actual hard-working Cypriots is considered collateral damage. Very sad indeed. Good news for bitcoin, bad news for the poor Cypriots, for the EU and for the future of the Euro.
Perfect! You are saying that stealing money from Cypriots is bad but stealing money from Russians is not. Bingo! It means, that stealing can sometimes be good, or... probably stealing is always good if you look at it from a correct angle. Right ?
|
|
|
|
phungus
Full Member
Offline
Activity: 128
Merit: 100
I'm doin' fine on cloud 9
|
|
March 17, 2013, 02:22:23 AM |
|
Boy, this is going to really piss off some Russian hackers. I wonder what the fallout will be... :-)
-p
|
I can do stuff
|
|
|
malevolent
can into space
Legendary
Offline
Activity: 3472
Merit: 1721
|
|
March 17, 2013, 02:28:09 AM |
|
Are you a Cyprus national? I wonder if it is legal to seize funds of foreigners who don't reside in that country, don't pay taxes and don't use public infrastructure. I know that Cyprus is a tax haven for Poles, so I will watch out for their reactions.
|
Signature space available for rent.
|
|
|
darkmethod
Newbie
Offline
Activity: 32
Merit: 0
|
|
March 17, 2013, 02:28:26 AM |
|
This sounds awful.
|
|
|
|
|