Bitcoin Forum
December 09, 2016, 01:47:06 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Time to withdraw your EURO and get rid of it.  (Read 666 times)
speeder
Hero Member
*****
Offline Offline

Activity: 546



View Profile
June 28, 2011, 12:05:02 PM
 #1

Greece protesters are making a 48 hour strike, also things are turning violent and they plan in overthrowing their own government, and there are talks of causing bank runs in Greece with intention to force a default.

Protesters in other european countries seemly agree, even if partially.

As soon Spain get hit with shit, the Euro will crumble, as Spain is too big to be bailed.

So I suggest everyone with Euro to withdraw all of it and buy BTC, gold, cars, house, swiss money, whatever... Just do not hold it.

Yes, if everyone follow my suggestion a bank run will ensue... but rank run will ensue anyway, I am only suggesting to bitcoiners do it before everyone else, the last ones to withdraw usually are left without anything, you do not want to be the last one.


Also live feed of the protests and riots in Athens: http://www.livestream.com/stopcarteltvgr

1481291226
Hero Member
*
Offline Offline

Posts: 1481291226

View Profile Personal Message (Offline)

Ignore
1481291226
Reply with quote  #2

1481291226
Report to moderator
1481291226
Hero Member
*
Offline Offline

Posts: 1481291226

View Profile Personal Message (Offline)

Ignore
1481291226
Reply with quote  #2

1481291226
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481291226
Hero Member
*
Offline Offline

Posts: 1481291226

View Profile Personal Message (Offline)

Ignore
1481291226
Reply with quote  #2

1481291226
Report to moderator
1481291226
Hero Member
*
Offline Offline

Posts: 1481291226

View Profile Personal Message (Offline)

Ignore
1481291226
Reply with quote  #2

1481291226
Report to moderator
YoYa
Hero Member
*****
Offline Offline

Activity: 627



View Profile
June 28, 2011, 12:51:04 PM
 #2

I only keep my debt in the Eurozone......maybe it's time to max out the Euro credit card* Wink

*not really a smart strategy.
speeder
Hero Member
*****
Offline Offline

Activity: 546



View Profile
June 28, 2011, 01:15:35 PM
 #3

Maxing out debt is kinda risky...

Although you can open bank account in the ones with most greek, spanish, portuguese and irish contagion and get lots of debt there Tongue

Although kinda risky, if the bank does not go bankrupt you are screwed.

YoYa
Hero Member
*****
Offline Offline

Activity: 627



View Profile
June 28, 2011, 03:16:51 PM
 #4

I'd be more betting on the value of the Euro collapsing.....

So say...

go out...buy a tonne of stuff on the cc at x amount of euros
wait.....value of euro drops....use my holdings of btc(or any other store of value) to pay back debt at a far better rate....
? ?? ??
Profit!!!

Wink

There would be a lot of if's running on this one... Smiley

Then again....could just play the same game of arbitrage on ebay against merchants who don't revalue what they are selling.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!