2013-03-23 ABC News - Cyprus Crisis Boosting Unique Currency, the Bitcoin

[zeroday]

Currency markets are keeping close track of Cyprus' banking crisis and are braced for possible repercussions, but one currency has thrived in the chaos and zoomed in value -- Bitcoins.

SOURCE: http://abcnews.go.com/Business/cyprus-crisis-boosting-unique-currency-bitcoin/story?id=18792763

It's just been on the top of Google search for "Cyprus news"

[1714182777]

1714182777

[1714182777]

1714182777

[nevafuse]

Although there are no physical coins, Walmart sells Bitcoin gift cards

They do?

[thefiniteidea]

The Bitcoin

[Littleshop]

Currency markets are keeping close track of Cyprus' banking crisis and are braced for possible repercussions, but one currency has thrived in the chaos and zoomed in value -- Bitcoins.

SOURCE: http://abcnews.go.com/Business/cyprus-crisis-boosting-unique-currency-bitcoin/story?id=18792763

It's just been on the top of Google search for "Cyprus news"

Found it that way myself, not looking for anything bitcoin.  Wow.

[grue]

The Bitcoin

that makes sense.
The American Dollar
The Euro
etc

[alexanderanon]

Bitcoin is a digital currency.
Dollar is a fiat currency.
Euro is a fiat currency.

Yeah, I think we might need to adopt the "the".

[thefiniteidea]

Bitcoin is a digital currency.
Dollar is a fiat currency.
Euro is a fiat currency.

Yeah, I think we might need to adopt the "the".

Well, actually, they're all digital.

 

[nimda]

I bought something with dollars
I invested in the US Dollar

I bought something with bitcoins
I invested in Bitcoin.

Bitcoin is the software.
Bitcoin is the protocol.
bitcoins are the unit.

[Mike Christ]

Bitcoin is a digital currency.
Dollar is a fiat currency.
Euro is a fiat currency.

Yeah, I think we might need to adopt the "the".

Well, actually, they're all digital.

 

This   The majority of money in this world are mere numbers in a system.

[hazek]

I bought something with dollars
I invested in the US Dollar

I bought something with bitcoins
I invested in Bitcoin.

Bitcoin is the software.
Bitcoin is the protocol.
bitcoins are the unit.

^ This.

[Haole]

Love your avatar zeroday. 

[gimme_bottles]

Love your avatar zeroday. 

zeroday, your avatar tells me you are a) ignorant or b) plain dumb

[zeroday]

Love your avatar zeroday. 

zeroday, your avatar tells me you are a) ignorant or b) plain dumb

Yes I'm ignorant dumb because I kept my money in EU bank. The bitch on my avatar have just stolen the most of my assets, along with funds of thousands of other ignorant dumbs like me.

[gimme_bottles]

Love your avatar zeroday. 

zeroday, your avatar tells me you are a) ignorant or b) plain dumb

Yes I'm ignorant dumb because I kept my money in EU bank. The bitch on my avatar have just stolen the most of my assets, along with funds of thousands of other ignorant dumbs like me.

i don't know where you live, but keep in mind that most countries and their banks who are in trouble now have lived a lifestyle they just could not afford for years. this whole thing had to collapse.
paying 5% interest rate to clients while the rest of EU is at 1.5%-1% is just surreal.
don't blame merkel and the others, blame the one who brought us so far, and that are the governments of cyprus/italy/greece/spain.

[zeroday]

i don't know where you live, but keep in mind that most countries and their banks who are in trouble now have lived a lifestyle they just could not afford for years. this whole thing had to collapse.
paying 5% interest rate to clients while the rest of EU is at 1.5%-1% is just surreal.
don't blame merkel and the others, blame the one who brought us so far, and that are the governments of cyprus/italy/greece/spain.

This is exactly what EU rulers want to convince everybody of.
Did you try to research the situation around Cyprus ? Do you know that their problem appeared after Greece collapsed and the most of investments made by Cyprus had just evaporated?
Just read this http://abcnews.go.com/Business/cyprus-crisis-explained-idiot/story?id=18782212

FYI, I personally never took any loan. All my money were on current bank account, the money operated by my business. But nazi-chancellor-bitch insisted that Cyprus have to raid all bank accounts to collect necessary amount to pay country's debt. Really nice, yes?

[gimme_bottles]

i don't know where you live, but keep in mind that most countries and their banks who are in trouble now have lived a lifestyle they just could not afford for years. this whole thing had to collapse.
paying 5% interest rate to clients while the rest of EU is at 1.5%-1% is just surreal.
don't blame merkel and the others, blame the one who brought us so far, and that are the governments of cyprus/italy/greece/spain.

This is exactly what EU rulers want to convince everybody of.
Did you try to research the situation around Cyprus ? Do you know that their problem appeared after Greece collapsed and the most of investments made by Cyprus had just evaporated?
Just read this http://abcnews.go.com/Business/cyprus-crisis-explained-idiot/story?id=18782212

FYI, I personally never took any loan. All my money were on current bank account, the money operated by my business. But nazi-chancellor-bitch insisted that Cyprus have to raid all bank accounts to collect necessary amount to pay country's debt. Really nice, yes?

calm down. i don't blame guys like you and average joe for what happened.
i know it is a shitty situation and if we wanted to prevent it we had to start like 10 years ago, at least. but at the moment, there are only two options. one of them is bancruptcy of cyprus. in that case everybody would lose most of their money due to massive inflation.
the other option is what is happening now and i hope you understand that this walks hand in hand with actions that affect everyone in cyprus.

i don't want to tell anyone what to do and think, but you can't expect other states to pay for your banks and debts and just wait for the next crash.

[zeroday]

At this moment the whole amount in our business account is frozen including monthly wages for over 20 workers. Thank you merkel!

Do you think that people have to pay hard earned money out of their pockets to cover dirty games of EU politicians? I don't mean time deposits which generate some profit, but cash on current and business accounts.

[gimme_bottles]

At this moment the whole amount in our business account is frozen including monthly wages for over 20 workers. Thank you merkel!

Do you think that people have to pay hard earned money out of their pockets to cover dirty games of EU politicians? I don't mean time deposits which generate some profit, but cash on current and business accounts.

first of all, merkel is not the only one making decisions. of course her word weights a lot, but that's because germany is the country who pays most of the amounts that is talked about.

second, those "dirty games of the EU" are caused because of decisions made by the local governments and local banks. the EU officials are just the ones who tell you the bad news, if you want to find the one who is responsible for them you have to search quite close next to you.

and BTW, calling someone a nazi has absolutely nothing to do with economical decisions. i don't call you "lazy ass who doesn't pay taxes" neither.

[zeroday]

Check this thread to understand what is happening to Cypriots money now https://bitcointalk.org/index.php?topic=153959.160

This is all because merkel's and other EU bosses. They do it because they want to save EUR. But they do it the way exactly as Hitler did in 1933 by seizing private assets of Jews to raise Third Reich's economy.

[EndTheFed321]

merkel along with all world leaders are just puppets of the few the croocked the Elitests and will never be for the people