Deutsche Bank: How long before it crashes now?

[NeuroticFish]

Germany has publicly said that they won't bail out any bank.
But if Deutsche Bank really looks to be collapsing, they will look at alternative means (other than bail out) to prevent its collapse.

What politicians say and what they actually do are two far too different things.
If Deutsche Bank will fall, they'll bail it out. And now they try to help it to not get there. The reduction of fine may be the result of this.

[TERA]

There isn't really a correlation between Bitcoin and any other world events or markets. Any time it has occured in the past is because speculators and traders deduced or claimed such a connection on their own. Bitcoin is way too small and unweildy to be used for any kind of capital flight. Of course the USD price of bitcoin, however, will have minor deviations in its trend to adjust the forex value of the dollar measured by the US dollar index - arbitrage will ensure that.

[starmman]

There isn't really a correlation between Bitcoin and any other world events or markets. Any time it has occured in the past is because speculators and traders deduced or claimed such a connection on their own. Bitcoin is way too small and unweildy to be used for any kind of capital flight. Of course the USD price of bitcoin, however, will have minor deviations in its trend to adjust the forex value of the dollar measured by the US dollar index - arbitrage will ensure that.

I think there are correlations between the BTC price and world events, in fact I watch the current affairs as much as technical indicators - some examples of spikes were during the brexit, Greek financial crisis and during the Yuan devaluation - in those cases people actively bought bitcoin as part of a mitigation strategy and BTC usage was increased substantially in greece at that time. There isn't an immediate trend shift like there is in forex - however I can certainly see shifts in the price based on major events. A number of people see BTC as a contingency investment like gold (but gold is may more established in this field).

[LoyceV]

I've only recently read about the Deutsche Bank being in trouble. I always thought the German banks were doing okay, especially since part of the reason Greece got a bail-out (hundreds of billions of euros) was to save the banks in other European countries.

The QE (quantitative easing: the introduction of new money into the money supply by a central bank) is still going on, keeping interests very low or even negative. I thought this was mainly to save the countries in Southern Europe, but banks in the West benefit too. The low interest has lead to increased lending (by governments, but also on the private (mortgage) market), hence increasing the risks.

If the Deutsche Bank is in trouble despite all these measures to try and make things better again, we're in for a bigger crisis than the last.
QE (buying bonds for 80 billion euro per month) is all they can do. ECB Policymaker Says There is no Plan B if QE Fails.

I don't dare to speculate on how this will impact Bitcoin.

[European Central Bank]

There isn't really a correlation between Bitcoin and any other world events or markets. Any time it has occured in the past is because speculators and traders deduced or claimed such a connection on their own. Bitcoin is way too small and unweildy to be used for any kind of capital flight. Of course the USD price of bitcoin, however, will have minor deviations in its trend to adjust the forex value of the dollar measured by the US dollar index - arbitrage will ensure that.

this about times 1 million. people really need to get real and realize any world event is an excuse for the same old traders to have a little fun.

maybe a trickle of new people might show some interest but they ain't moving any prices and they probably will never
get anywhere near the exchanges. they'll use coinbase or the local equivalent or localbitcoins.

[Fortify]

According to the CEO of Deutschebank they are making plenty of money and are stable enough, hence the slight recovery in the share price lately. I think the stock is undervalued at the moment, because for all the bluster the German government wouldn't let it fall over. I think it's a bit rich for the Americans to fine all these foreign firms such high amounts when American banks get away with fines for a fraction of these amounts.

[LoyceV]

I think the stock is undervalued at the moment, because for all the bluster the German government wouldn't let it fall over.

Governments seem to do whatever they feel at that moment. Take SNS bank for example. nytimes:

In this case, Mr. Zannakis would lose the entire €50,000, or $65,000, he invested in SNS bonds only two weeks earlier, as part of a class of junior bondholders who saw a total of €1.8 billion disappear into the Dutch government’s ledger.

Suddenly, the rules seem to have changed — with potentially unpredictable implications for Europe’s banks and their investors.

According to the CEO of Deutschebank they are making plenty of money and are stable enough

What else would their CEO say? Of course he says that! What you should ask yourself is why he says it. How many CEOs of companies that are actually doing good feel the need to say this?

[cpfreeplz]

DB crash is good for the $, and consequently, bad for bitcoin  

DB crash would be bad for the euro and consequently good for bitcoin.  Currency volatility in general is also good for bitcoin since it opens arbitrage opportunities.

bitcoin is backed by fiat again, if DB down, fiat down then so do the bitcoin. we need the bitcoin backed by the commodity, before the bank crashes, or the bitcoin is dead again.

What the fuck are you talking about??? Are you kidding me?! Bitcoin is not and never will be backed by fiat. Don't ever fucking spew that shit from your mouth again. Google it right now and stfu.

As an investment, is Bitcoin a sure thing?
Bitcoin is a new and interesting electronic currency, the value of which is not backed by any single government or organization. Like other currencies, it is worth something partly because people are willing to trade it for goods and services. Its exchange rate fluctuates continuously, and sometimes wildly. It lacks wide acceptance and is vulnerable to manipulation by parties with modest funding. Security incidents such as website and account compromise may trigger major sell-offs. Other fluctuations can build into positive feedback loops and cause much larger exchange rate fluctuations. Anyone who puts money into Bitcoin should understand the risk they are taking and consider it a high-risk currency. Later, as Bitcoin becomes better known and more widely accepted, it may stabilize, but for the time being it is unpredictable. Any investment in Bitcoin should be done carefully and with a clear plan to manage the risk.

Source: https://en.bitcoin.it/wiki/Help:FAQ

Fucking joke.. Jesus Christ... Are you shitting me? Use your original newbie account, not this bought one. Someone might mistakenly take you seriously. If this isn't bought you'd better fucking research what website you've been posting on for almost 2 years! Holy shit. Get the basics down, then start spamming the forum like all the illiterate sig spammers do.

[Ayers]

Germany has publicly said that they won't bail out any bank.
But if Deutsche Bank really looks to be collapsing, they will look at alternative means (other than bail out) to prevent its collapse.

after all they are the only one that can save a bank by bailing it out, so i don't think they will let their bank collapsing without doing anything, it's obvious that a germany bank can not fall before other bank from other country, it's is just having some bad run in these days

[notme]

DB crash is good for the $, and consequently, bad for bitcoin  

DB crash would be bad for the euro and consequently good for bitcoin.  Currency volatility in general is also good for bitcoin since it opens arbitrage opportunities.

bitcoin is backed by fiat again, if DB down, fiat down then so do the bitcoin. we need the bitcoin backed by the commodity, before the bank crashes, or the bitcoin is dead again.

Bitcoin is not backed by fiat, it is priced in fiat.  It could easily be priced in gold or look if someone wanted to make a direct trade of bitcoin for commodities.

[Lionidas]

I think because they bailed out so many countries in the EU. Why do you think Britain wanted to seperate from EU in the first place? Because they saw this coming and didn't want to be a part of it. They just screw you guys were staying home
And with the influx of all those migrates didn't help any of their economy much either because they have to pay for them now.

[Wind_FURY]

It's a matter of time Deutsche Bank collapses, starting a new 2008 event, just worse. Bitcoin will obviously skyrocket as a result, the question is when is it going to face it's inevitable collapse? I reckon it's going to happen anywhere next year.

I do not think it is going to happen. The countries that will be affected will not allow it to start another huge financial crisis like the one that happened in 2008. Deutsche bank will be bailed out for sure now that they know that if they want to bail out a bank, they better make sure they print more than enough fiat to do so. And they will have no problem with that as long as the end justifies the means.

If they allow it to collapse then what good will that be to everyone involved?

[wikenpp]

It's a matter of time Deutsche Bank collapses, starting a new 2008 event, just worse. Bitcoin will obviously skyrocket as a result, the question is when is it going to face it's inevitable collapse? I reckon it's going to happen anywhere next year.

I do not think it is going to happen. The countries that will be affected will not allow it to start another huge financial crisis like the one that happened in 2008. Deutsche bank will be bailed out for sure now that they know that if they want to bail out a bank, they better make sure they print more than enough fiat to do so. And they will have no problem with that as long as the end justifies the means.

If they allow it to collapse then what good will that be to everyone involved?

Deutsche Bank is a bank that won't collapse. The European Parliament will make sure this will not happen. But the hate against bitcoin or bashing of bitcoin needs to stop. Because we at this point know for a fact that bitcoin's technology is very popular, especially in the banking sector.

Having said that, we should not take this statements too serious...

[Snorek]

Deutsche Bank is a bank that won't collapse. The European Parliament will make sure this will not happen. But the hate against bitcoin or bashing of bitcoin needs to stop. Because we at this point know for a fact that bitcoin's technology is very popular, especially in the banking sector.

Having said that, we should not take this statements too serious...

This scenario is very doubtful. Why Euro parliament has to help German bank in the first place? When even German government refused to help it.
We need to understand - it is not just Deutsche Bank whole European banking is completely broken. This time crisis will start in EU and spread to other markets.

[starmman]

Deutsche Bank is a bank that won't collapse. The European Parliament will make sure this will not happen. But the hate against bitcoin or bashing of bitcoin needs to stop. Because we at this point know for a fact that bitcoin's technology is very popular, especially in the banking sector.

Having said that, we should not take this statements too serious...

This scenario is very doubtful. Why Euro parliament has to help German bank in the first place? When even German government refused to help it.
We need to understand - it is not just Deutsche Bank whole European banking is completely broken. This time crisis will start in EU and spread to other markets.

Personally, I think that Deutsche Bank will be fine and wont go under. Can't see it being brought down by American fines. Hopefully this situation will make the banks a little more careful in the future (*coughs*)

[MingLee]

Deutsche Bank is a bank that won't collapse. The European Parliament will make sure this will not happen. But the hate against bitcoin or bashing of bitcoin needs to stop. Because we at this point know for a fact that bitcoin's technology is very popular, especially in the banking sector.

Having said that, we should not take this statements too serious...

This scenario is very doubtful. Why Euro parliament has to help German bank in the first place? When even German government refused to help it.
We need to understand - it is not just Deutsche Bank whole European banking is completely broken. This time crisis will start in EU and spread to other markets.

Personally, I think that Deutsche Bank will be fine and wont go under. Can't see it being brought down by American fines. Hopefully this situation will make the banks a little more careful in the future (*coughs*)

Good joke lol.

The Deutsche Bank is basically never going to collapse, although the confidence in it can be shaken all the way down to the ground.

At this point the banks are never going to go down and collapse, there are too many governments interested in maintaining the power the banks have over the people and as such there is going to be bailout after bailout to keep them alive. It is never going to change until people stop getting their food and electricity.

[ultimatesky]

Deutsche Bank is a bank that won't collapse. The European Parliament will make sure this will not happen. But the hate against bitcoin or bashing of bitcoin needs to stop. Because we at this point know for a fact that bitcoin's technology is very popular, especially in the banking sector.

Having said that, we should not take this statements too serious...

This scenario is very doubtful. Why Euro parliament has to help German bank in the first place? When even German government refused to help it.
We need to understand - it is not just Deutsche Bank whole European banking is completely broken. This time crisis will start in EU and spread to other markets.

Personally, I think that Deutsche Bank will be fine and wont go under. Can't see it being brought down by American fines. Hopefully this situation will make the banks a little more careful in the future (*coughs*)

Deutsche bank is one of the banks in europe that can't collapse. The EU got plenty of funds  to make sure they won't collapse. But their arrogance towards bitcoin is uncalled for and like a small child they rather bad mouth bitcoin then to innovate themself.

[nindie]

 Deutsche Bank crash not impact in bitcoin
but  Deutsche Bank big impact to fiat money euro and poundsterling

[cpfreeplz]

Deutsche Bank crash not impact in bitcoin
but  Deutsche Bank big impact to fiat money euro and poundsterling

ROFL nicely put. You sure earned your Satoshi with that post.

Deutsche Bank is a bank that won't collapse. The European Parliament will make sure this will not happen. But the hate against bitcoin or bashing of bitcoin needs to stop. Because we at this point know for a fact that bitcoin's technology is very popular, especially in the banking sector.

Having said that, we should not take this statements too serious...

This scenario is very doubtful. Why Euro parliament has to help German bank in the first place? When even German government refused to help it.
We need to understand - it is not just Deutsche Bank whole European banking is completely broken. This time crisis will start in EU and spread to other markets.

Personally, I think that Deutsche Bank will be fine and wont go under. Can't see it being brought down by American fines. Hopefully this situation will make the banks a little more careful in the future (*coughs*)

Deutsche bank is one of the banks in europe that can't collapse. The EU got plenty of funds  to make sure they won't collapse. But their arrogance towards bitcoin is uncalled for and like a small child they rather bad mouth bitcoin then to innovate themself.

They can collapse, absolutely. Whether the German government or EU decides to bail them out is another story though.

[zend7]

I have read reports of Deutsche Bank being in big troubles and I cannot say that I am worried about it. Another crisis is being discussed from a long time, the Eurozone ECB (European Central Bank) is from quite a few months running the QE (Quantitative Easing) that should in theory be helpful to recall a good economy. So far results are zero as we are seeing EUR/USD pair losing steam in the long run.

It will not take long before this bank crashes, I say beginning of next year is a sure bet here.