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For all of you who live in Europe, how have the European Central Bank's (and the central banks of Sweden, Denmark, and Switzerland) negative interest rates affected you? Have you been converting everything to gold? Are you at peace with it? 

How worried should I be about them hopping the pond to America? Pic related.

Who can borrow from the ECB? 

Monetary science behind low central rates according to Euro is that with such a large population base having adopted Euro and such a small supply compared to dollars, these negative rates keep people from saving too much cash in the bank and driving up the euro exchange rate which would make exports less competitive. It is a trick to balancing conservativism in the financial system. If they would follow America's lead they would get the shaft, they could raise rates and people would save more, the euro would appreciate and governments would compensate by increasing spending, then the euro system would be hooked on a export defecit like the USA.



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Crypto altcoins thread? Personally I think crypto is the future. No more centralization, no more states fucking you in the ass. 
I also don't want to become a wage slave so I hope to make it thanks to crypto. Life is too short to not do what you like. 
What cryptocurrencies have you invested in anons? What are you bullish on? 
It would be cool that we all make it. 

Personally I am extremely bullish on Bitbay. I missed the Ethereum train but I think Bitbay will be the next moon mission in 2018. It is the sole working decentralized marketplace and trustless contracting platform while fixing many BTC flaws and planning to have a decentralized peg that brings price stability by preventing volatility, especially from whales shady manipulation. The price is still fucking low (23m market cap) so there is a lot of growth potential. For instance, to have a x2 ROIs with ETH, it would need 30 fucking billions of dollars, while with bitbay it would only need 23m. It is far more likely in the latter for this very reason.
Pics related why I am bullish on it. It has both mainstream and darknet potential.

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 >>/37/
https://bitbay.market/wp-login.php?action=slack-invitation
Slack invite for you.
Also pics related are the official roadmap and features infographics (although it miss some features as it is old). 
I hope you read my two screenshots in my original post too.
To be honest, I looked at literally all decentralized crypto marketplaces projects like Syscoin, Safex and Particl, and sadly they were all shitcoins that had either no released product or had HUGE flaws like centralization problems and depreciated tech like PoW.
 Overall crypto to take off need what all economies need: COMMERCE!
And moreover it needs stability (including price stability) and security while not compromising DECENTRALIZATION. 
And basically, Bitbay is the only one doing all of these rightfully, while having a good & reliable team, and an extremely great roadmap.
It is not vaporware, you can download the client and test it and you will see that overall it works as intended. 
It still has much things to improve but they will deliver as they always did. 
Bitbay also have a partnership with Blocknet, the first decentralized crypto exchange ever that has atomic trading.
Literally the future is being developed right there. 
I am extremely bullish on it, especially as it is still very low marketcap so you can easily have tons of ROIs.
By 2018 It will have certainly moon. Comfy holding tbh anon.





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 >>/17/

Using a different connection, ID might not match.

The first time I remember being excited by economic failure was in 2008, when I saw an article about the Dow falling 800 points in one day. I was dissapointed the next day that there was no repeat performance.

Borders Books & Music is the gold standard for me when it comes to bankruptcies. National footprint to nothing in a few fateful months. Sold the inventory, the property, the shelving, the web servers, everything.

The Unicorns (Unicorpses?) have been getting me hard as diamonds lately. Living Social, Grupon, Zynga, Foursquare, all those third generation (after Facebook) social networking companies have been struggling for the last few years or have given up the struggle and died.

The devaluations of Snapchat, Square, and Dropbox drew me like the smell of blood and I have popcorn ready for when they drop into the abyss. 

Most of the companies I like seeing collapse are in tech/retail/media because their misfortune is very public. Appalachian coal miners are of less interest since there are no mines nearby and their affairs tend to be not as well documented.




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Have Zero Hedge's seductive bearish whispering ever been right in the past? I looked through their archives a bit, and they seem to have been writing the same few articles over and over for years; lots of people are buying gold, America is becoming a police state, this sudden oscillation in an indicator that you have never heard of means disaster, etc. Wikipedia says that they broke some news about flash trading back in 2009, but have their predictions of doom even been correct?




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