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Topic: Bulgarian Bank run could mean a big rally for Bitcoin? (Read 1700 times)

nextgencoin (OP)

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Bulgarian Bank run could mean a big rally for Bitcoin?

June 30, 2014, 08:42:00 AM

I'm not sure if others have posted on this yet.

Cyprus banking collapse triggered a Bitcoin rally, Maybe Bulgaria could do the same.

This could even be a bigger collapse of European banks if it gets out of hand. People might get a crash course in Fractional Reserve banking.

http://www.bbc.com/news/business-28085256

LiteCoinGuy

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In Satoshi I Trust

Re: Bulgarian Bank run could mean a big rally for Bitcoin?

June 30, 2014, 09:55:13 AM

its posted in an other section here (economics).

i guess this will happen alot more in the next years.

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arbitrage001

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Re: Bulgarian Bank run could mean a big rally for Bitcoin?

June 30, 2014, 10:02:43 AM

Most of the weaker countries in European Union will probably suffer similar case.

Gladdy

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Re: Bulgarian Bank run could mean a big rally for Bitcoin?

June 30, 2014, 10:04:48 AM

so it will be a push for btc?

arbitrage001

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Re: Bulgarian Bank run could mean a big rally for Bitcoin?

June 30, 2014, 10:08:49 AM

Quote from: Gladdy on June 30, 2014, 10:04:48 AM

so it will be a push for btc?

Not necessary.

In time of crisis, it makes more sense to store daily necessity.

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