Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Wandererfromthenorth
on 05/11/2014, 20:16:10 UTC
Very volume.



Huh. Sure you're looking at the right thing?
...

Pretty sure.  Also lol @"Chinese volume."
Not expecting any drama today.  Not to the upside, at least.  Been wrong before, tho Undecided

I believe you should stay all Fiat. In the meantime please entertain yourself by reading a nice nursery rhyme:

http://wolfstreet.com/2014/10/30/the-wrath-of-draghi-first-german-bank-hits-savers-with-negative-interest-rate/

Quote
Deutsche Skatbank, a division of VR-Bank Altenburger Land, which was founded in 1859, is not the biggest bank in Germany, but it’s the first bank to confirm what German savers have been dreading for a while: the wrath of Draghi.

Retail and business customers with over €500,000 on deposit as of November 1 will earn a “negative interest rate” of 0.25%. In less euphemistic terms, they have to pay 0.25% per annum to the bank for the privilege of handing the bank their hard-earned money or their business cash.


Cheers.
Why lose 0.25% of your money in a year when you can use Bitcoin and lose 60% of your money in the same year  Angry