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meanig (OP)
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April 11, 2013, 12:58:05 PM
Last edit: December 09, 2013, 07:35:30 PM by meanig |
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....when the EU freezes all Slovenian bank accounts according to the terms of a new bailout and the only way to withdraw your funds will be through Bitcoin. http://www.guardian.co.uk/world/2013/apr/09/slovenia-eurozone-bailout-rumoursDiscuss. Note: I'm not implying anything against the integrity of Bitstamp, rather the integrity of the Slovenian banking system after a bailout. Edit: Changed the price in title from $1000 to $10,000. $1000 seemed like a crazy price back in April. Not in December though  |
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BillboTor
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April 11, 2013, 12:59:00 PM |
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Their Prime Minister really is ugly....
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Cluster2k
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April 11, 2013, 01:00:04 PM |
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.....when the EU freezes all Slovenian bank accounts according to the terms of a new bailout and the only way to withdraw your funds will be through Bitcoin.
$145 (and falling) to $1k in 2 days? This will be exciting to watch. Are you long bitcoin? |
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awakening
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April 11, 2013, 01:01:04 PM |
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Their Prime Minister really is ugly....
Not really.. I would fuck her probably, if she were younger. |
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meanig (OP)
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April 11, 2013, 01:02:55 PM |
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.....when the EU freezes all Slovenian bank accounts according to the terms of a new bailout and the only way to withdraw your funds will be through Bitcoin.
$145 (and falling) to $1k in 2 days? This will be exciting to watch. Are you long bitcoin? You're not thinking about the consequences of an extended bank holiday. Would you rather keep your $145 in Bitstamp with the hope of getting it returned in a few months or trade it for 0.1 BTC and be finished with it? |
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farfiman
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April 11, 2013, 01:03:53 PM |
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Their Prime Minister really is ugly....
Not. She's just dressed up as a Russian commissar. |
"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians."
Martin Armstrong
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meanig (OP)
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April 11, 2013, 01:05:44 PM |
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Their Prime Minister really is ugly....
Better picture  I think we'd all tap that ass. |
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ingrownpocket
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April 11, 2013, 01:06:24 PM |
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Their Prime Minister really is ugly....
Nope. |
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Cluster2k
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April 11, 2013, 01:09:13 PM |
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.....when the EU freezes all Slovenian bank accounts according to the terms of a new bailout and the only way to withdraw your funds will be through Bitcoin.
$145 (and falling) to $1k in 2 days? This will be exciting to watch. Are you long bitcoin? You're not thinking about the consequences of a extended bank holiday. Would you rather keep your $145 in Bitstamp with the hope of getting it returned in a few months or trade it for 0.1 BTC and be finished with it? If the upcoming Slovenian bank holiday is anything like the Cypriot bank holiday then the smart money with the largest bank accounts will withdraw cash from the banks even during the holiday. The 'mom & pop' account holders will be cleaned out and I'm not sure they know about bitcoin. Slovenia's banking system has been circling the drain for quite a while now so they don't have much time. |
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Luckybit
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April 11, 2013, 01:09:26 PM |
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Their Prime Minister really is ugly....
Better picture I think we'd all tap that ass. Her shoes are horrible. She needs a new stylist. |
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EuroTrash
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April 11, 2013, 01:10:43 PM |
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AFAIK for payments BitStamp uses an account at the Slovenian branch of UniCredit, which is a big (troubled) Italian bank anyway. Not sure if and how they would ever be affected by a bailout scenario. |
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EuroTrash
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April 11, 2013, 01:17:54 PM |
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I think we'd all tap that ass.
(OT) Most Eastern European women are hot and well educated. It's in their culture to make themselves desirable so they can find a wealthy man to marry. And there is shortage of males over there, so law of demand and offer applies. You might notice that the exact opposite happens in US  |
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Lieutenant_Bob
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April 11, 2013, 01:27:26 PM |
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I would hesitate to trade on Bitstamp when their primary bank account is in Slovenia. I guess they will have no way of sending/recieving FIAT if the accounts will be frozen...
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w00t
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April 11, 2013, 03:33:47 PM |
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I would hesitate to trade on Bitstamp when their primary bank account is in Slovenia. I guess they will have no way of sending/recieving FIAT if the accounts will be frozen...
They posted on their blog that they switched their bank to the Unicredit UK. So I think they solved it quite well. Btw. they are currently down. |
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Francesco
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April 11, 2013, 03:39:54 PM |
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Fixed the title for you  Back on topic: I don't think they can adopt another Cyprian solution -not that soon. Can they? The panic would be complete, no really one would leave money on their bank accounts anymore. So, I think they'll be forced to find a completely different method, for now at least. So deposits should be safe. And even if they did block bank withdrawals -wuld you really buy coins at 1000+ to sell them on Gox at 200 at best, thus taking a 80% hit... to evade a 10% tax? If yes, I have some very interesting investments to sell you! |
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meanig (OP)
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April 11, 2013, 03:49:01 PM |
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Of course I'm only playing devil's advocate here with my suggestions but if Bitstamp had one million dollars on deposit and Slovenia was forced into Cypriot style solution then the tax could be as high as 90%
This is all irrelevant if they've moved accounts to the UK but when I sent money to them a couple of weeks ago it went to Slovenia.
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seleme
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Duelbits.com
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April 11, 2013, 04:58:52 PM |
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You're lying yourself big time if you think that Bitcoin is in stage where people invest in it as some kind of safety, lol.
It's still pure, pure speculation.
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BCMan
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April 11, 2013, 05:02:11 PM |
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.....when the EU freezes all Slovenian bank accounts according to the terms of a new bailout and the only way to withdraw your funds will be through Bitcoin.
$145 (and falling) to $1k in 2 days? This will be exciting to watch. Are you long bitcoin? 145$? Lol! 86$ on btce now. Was 55$. Will hit 20$ tomorrow. |
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miernik
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April 11, 2013, 05:06:27 PM |
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They posted on their blog that they switched their bank to the Unicredit UK. So I think they solved it quite well.
Wrong, not only it stays the same bank as before in Slovenia, but there is not such a thing as Unicredit UK. They only switched the company to a UK one. https://www.bitstamp.net/article/new-banking-details/Dear Bitstamp clients, We would like to inform you that Bitstamp now has new bank details. We ask that you send all further deposits to following bank account: Account owner: Bitstamp LIMITED Address: 5 Jupiter House, Calleva Park, Aldermaston City: Reading, Berkshire RG7 8NN Country: United Kingdom Bank name: Unicredit banka Slovenija d.d. Address: Smartinska 140 City: 1000 Ljubljana Country: Slovenia IBAN: SI56290000170073837 BIC (SWIFT): BACXSI22 |
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