is anyone paying attention to the macroeconomic picture? The Swiss National Bank shocked world markets by removing it's peg to the Euro, causing it's value to skyrocket. Two systemic Greek banks are using an emergency liquidity tool at the ECB to try and prevent a bank run.  Oil Tanked and Gold spiked. This is 2008 all over again only worse this time.

How this will affect Bitcoin is anyone's guess, but I'm starting to think even my 2.5% margin long was way too premature.

Bank runs mean extreme DEFLATION of national currencies until the central banks ramp up the printing presses, start accepting used toilet paper as collateral and various other forms of counterfeiting.

Wealth is going to evaporate, credit is going to dry up and markets are going to crash with the exception of the safest government bonds (U.S., Swiss and maybe a few others).

I've warned many times for everyone to get their coins (and even fiat) off the exchanges if you aren't going to trade, but now I am saying it may soon be time to get your fiat out of the banks.