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Rumor going around that tsipras might call off referendum....
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Yanis Varoufakis just tweeted this
"@Lagarde. Sorry for the delay, I am really trying to pay the due, but I cannot find an open bank"
Joker
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lol, nice dump and buy at finex  There was no buy hard to sell without a buyer.  OFC it is. Market makers squeezed shorts to ridiculous 16.600 BTC while longs are around 125.000 BTC. Greece is staying in eurozone, deal will come even before referendum happens, hype is over manipulators do realize that its gonna be pretty damn easy to force panic selling right now to have huge profits so 240$ will come pretty soon or even lower prices, forget about trend reversal, if market makers wanted btc to go above 300$ this summer - they would pump it to >275$ with chinese fake bot volume but they didnt, they just allowed price to retrace to 61.8% fib lvl from the previous high which was pretty expected. BTC wont have a solid uptrend unless blocksize issue is resolved, but now no sane investor will come to the project with fighting core devs, thats why btc is just a pump and dump game for market makers for about 2 years, same volume, same methods of manipulation via chinese bots (ETF from twins aint coming for the same reason). Sorry to say but it looks like there is some kind of hidden project from the banksters or wall street based on the blockchain technology and i bet they are working on their own crypto which is much more reasonable than trying to save btc without having of major amount of its total supply. Yeah Greece may well stay in the Eurozone, then they may not... As far as BTC goes, have you ever made a right call? from what I have seen, almost always the opposite of what you say happens..... then again even a broken clock blah blah blah |
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 http://www.bbc.co.uk/news/world-europe-33339363Greece has missed the deadline for a €1.5bn (£1.1bn) payment to the International Monetary Fund (IMF), hours after eurozone ministers refused to extend its bailout. But the ministers say they will discuss a last-minute request from Greece for a new two-year bailout on Wednesday. hmmmmmmm |
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http://www.bbc.com/news/world-europe-33322754Greek PM Alexis Tsipras has threatened to resign over the result of a snap referendum on Greece's debt crisis due on Sunday. Mr Tsipras said a clear vote against austerity would help Greece negotiate a better settlement to the crisis. Otherwise, he warned, he would not stay in office to oversee more cuts. (ps- isn't this just a repeat of the recent election? will the Greek people have changed their minds now a few months down the line?) I am not sure Greece will vote to effectively crash out of the Eurozone. Seeing capital controls and the banks shut with their money locked in means people might prefer to vote for the 'kick the can down the road' option of approving EU plans - out of simple fear. Even if they think the EU is wrong to treat Greece like this (as it may well be) will they vote for the uncertainty of not knowing when the banks will even open again? Or vote for approving the plan, just to get their hands on their own money...? Don't bet on a Grexit yet, it is not certain and the Greeks may not want to step into the unknown. I am just saying, they did actually elect the current government to do exactly this |
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In some ways it is, but at the last elections the greek people didn't knew that the people the elect will fuck things up that hard , so they could have changed their minds quite easily. But are they not just doing what they were elected to do ? |
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http://www.bbc.com/news/world-europe-33322754Greek PM Alexis Tsipras has threatened to resign over the result of a snap referendum on Greece's debt crisis due on Sunday. Mr Tsipras said a clear vote against austerity would help Greece negotiate a better settlement to the crisis. Otherwise, he warned, he would not stay in office to oversee more cuts. (ps- isn't this just a repeat of the recent election? will the Greek people have changed their minds now a few months down the line?)
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soon bitcoiners are going to realize that going bankrupt for a country is no big deal.
I would be worried to see zee germans going bankrupt. that never ends well.
Bitcoiners are the only ones concerned about Greece? really? someone should tell everyone else then. |
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Yeah I have no doubt we could see a repeat of the same scenes (that is why I asked) |
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Check it out. Featuring our very own Jorge Stolfi: http://motherboard.vice.com/read/bitcoin-is-unsustainable
Bitcoin can currently handle up to 360,000 transactions per day given current limitations built into the technology, according to Jorge Stolfi, a computer science professor from Campinas University in Brazil, so there’s some headroom left before things bog down.
It would be possible to bring down the average power cost of each transaction by modifying the underlying Bitcoin protocol, but that’s no easy feat. The Bitcoin community is currently debating a big change that would mean the network could theoretically handle about 7.2 million transactions a day on a comparable level of electricity consumption, according to Stolfi. That would require a majority of the people mining Bitcoin to agree to the change, however. The Trolfi cancer is metastasising. They cherry picked Jorge as it suited them.... I wonder if they found him on here |
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Meanwhile in Greece...
Are these actually recent images , as in from today? |
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Regardless of the Greek situation.....
Watch out for problems from some of the other southern European countries in the next few months. (As they are almost in as much shit as Greece)
Especially if there is an actual Grexit.
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Capital controls is capital controls after all.
That one BTC atm machine in Athens jus ain't gonna cut it.
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Check it out. Featuring our very own Jorge Stolfi: http://motherboard.vice.com/read/bitcoin-is-unsustainable
Bitcoin can currently handle up to 360,000 transactions per day given current limitations built into the technology, according to Jorge Stolfi, a computer science professor from Campinas University in Brazil, so there’s some headroom left before things bog down.
It would be possible to bring down the average power cost of each transaction by modifying the underlying Bitcoin protocol, but that’s no easy feat. The Bitcoin community is currently debating a big change that would mean the network could theoretically handle about 7.2 million transactions a day on a comparable level of electricity consumption, according to Stolfi. That would require a majority of the people mining Bitcoin to agree to the change, however. pffffffffffftttttt Jorge is stepping out on us hey. Thought he had been a bit on the quiet side of recent.... now we know why.. SHUNNNN!!! SHUNNNN!!! only kidding That might be my favourite website. Now I must fawn on him like a god  Surely this is your favourite website? or are you stepping out on us too? |
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Check it out. Featuring our very own Jorge Stolfi: http://motherboard.vice.com/read/bitcoin-is-unsustainable
Bitcoin can currently handle up to 360,000 transactions per day given current limitations built into the technology, according to Jorge Stolfi, a computer science professor from Campinas University in Brazil, so there’s some headroom left before things bog down.
It would be possible to bring down the average power cost of each transaction by modifying the underlying Bitcoin protocol, but that’s no easy feat. The Bitcoin community is currently debating a big change that would mean the network could theoretically handle about 7.2 million transactions a day on a comparable level of electricity consumption, according to Stolfi. That would require a majority of the people mining Bitcoin to agree to the change, however. pffffffffffftttttt Jorge is stepping out on us hey. Thought he had been a bit on the quiet side of recent.... now we know why.. SHUNNNN!!! SHUNNNN!!! only kidding |
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People, I'm thinking about something and would like to hear your opnions.
As it's confirmed, the chinese stock market became bearish.
Will the BTC exchanges and such be the new home for billions of Yuan's ?
no And the reason is ? Chinese investors are probably not in a hurry imo to rush from a bear market into BTC at least not in the billions and billions...(at least not right now) millions and millions.... could be more feasible. The Chinese investors are looking for safety, and have been buying up gold and foreign residential property and other hard assets (think roads, railways,stadiums, farms etc) all around the globe, they are trying to escape flimsy paper assets + they already have enough paper based foreign debt (mainly USD) In fact they have been slowly divesting themselves for quite some time from what I can gather.... I imagine they will continue to do so, and they will concentrate on hard assets overseas and the shiny metal that is a part of their culture historically. BTC is not currently large enough and stable enough to be considered a safe haven during a time of crisis imo- yes this could change in the future, but the whole point of moving to a safe haven.... is that serious money needs to be SAFE (i.e they want to have a good an idea as possible that they can retain value/and or generate income/profit) Sure some funds could flow into BTC, speculative money, but not in the tens of billions of yuan (at least not from Chinese investors looking to move to a safe haven- tech and niche investors etc is a different matter) We are just not there yet imo (the irony is that billions and billions ($) flowing into the BTC market, would make it more stable, the thing is the infrastructure is not quite there YET, now when there are more reputable and secure and trusted exchanges on the scene....... then we will see) ps- I try to avoid absolutes , heck anything could happen..... Some of the macau good ol' boys could go on a insane BTC buying spree, I doubt they would be much interested in my point of view and I certainly do not have their vantage point.. |
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People, I'm thinking about something and would like to hear your opnions.
As it's confirmed, the chinese stock market became bearish.
Will the BTC exchanges and such be the new home for billions of Yuan's ?
No They love a bit of gold though |
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