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Author Topic: Kim Dotcom Says ‘Greece Will Crash Market; Buy Bitcoin and Gold’  (Read 1395 times)
Argwai96
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June 24, 2015, 07:01:07 PM
 #21


Could we say hes like a Donald trump type, claims so much but has very little actually backing him up, last time i check he hasn't made anyone money, hes out just to make money for him the way i see it.
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June 24, 2015, 09:08:18 PM
 #22

It's a great time to buy bitcoin, probably, in a year or two we will compare 2015 to mid 2013 when it was around $100/BTC.


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June 24, 2015, 09:10:58 PM
 #23

Wouldn't this be like common sense for Greece citizens?  Obviously you wouldn't invest or buy into any assist related to Greece.  lol

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June 24, 2015, 09:19:06 PM
 #24

Wouldn't this be like common sense for Greece citizens?  Obviously you wouldn't invest or buy into any assist related to Greece.  lol
Well you do as soon as it hits rock bottom, there may be lots of money to be made if it can rebuild, buy low, sell high. : Wink

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June 24, 2015, 09:32:00 PM
 #25

Well last time he tweeted something like "lets give bitcoin a boost" and the market moved - which was amazing, because if one guy in 1 sentence can move market, this whole Grexit thing could hype it again.
I would still be skeptical if it was only him that's promoting bitcoin, but lately there's a whole mass of recognized business people that are claiming the same.
Market is bound to move in the following months, imho

cheers
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June 25, 2015, 01:31:42 AM
 #26

I don't understand where people are getting this notion that Bitcoin price will do well in an economic crash. It is way to volitile for anyone with sense to put their wealth into.

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Argwai96
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June 25, 2015, 06:37:58 AM
 #27

I don't understand where people are getting this notion that Bitcoin price will do well in an economic crash. It is way to volitile for anyone with sense to put their wealth into.

thats what kim try to proclaim I'm guessing is part of hes play book against hes fight with the u.s after destroying hes megaupload empire.
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June 25, 2015, 06:53:38 AM
 #28

I don't understand where people are getting this notion that Bitcoin price will do well in an economic crash. It is way to volitile for anyone with sense to put their wealth into.
Have you heard about Cyprus?
http://money.cnn.com/2013/03/28/investing/bitcoin-cyprus/index.html

https://forum.bitcoin.com/
New censorship-free forum by Roger Ver. Try it out.
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June 25, 2015, 02:25:57 PM
 #29

I don't understand where people are getting this notion that Bitcoin price will do well in an economic crash. It is way to volitile for anyone with sense to put their wealth into.
This is how the world works, just like gold and silver storage of wealth that is not connected to a government will increase as more demand for them increases due to people trying to move out of crashing fiat.

Check out MonarchCrypto.com

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June 25, 2015, 02:51:46 PM
 #30

I don't understand where people are getting this notion that Bitcoin price will do well in an economic crash. It is way to volitile for anyone with sense to put their wealth into.

despite your claim, which is true for the general trend of bitcoin, if one look at the all time chart; bitcoin is pretty stable recently, and anyway stability could only increase with adoption, so if none is willing to take the risk and begin to adopt bitcoin, then stability will not be achieved ever

and in a crisis like this the safest market is the one more new, bitcoin fit perfectly for this
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June 25, 2015, 10:26:54 PM
 #31

Who cares what some wannbe has to say about Bitcoin?...if we listened to every wannabe, bitcoin would be $10 bucks. The fact that press publishes shit like this blows my mind...pure speculation with no proof.

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June 25, 2015, 11:33:10 PM
 #32

Who cares what some wannbe has to say about Bitcoin?...if we listened to every wannabe, bitcoin would be $10 bucks. The fact that press publishes shit like this blows my mind...pure speculation with no proof.

Like it or not, when someone has a huge following, it's going to have an impact on it. If Warren Buffet says don't invest in BTC, it's not what I would call positive, even tho it doesn't change the outcome: BTC being success, it doesn't exactly help..
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June 26, 2015, 01:20:41 AM
 #33

I wonder how much Kim himself owns of Bitcoin .. but I do agree he is 100% right. Buy gold and BTC, get OUT of US dollars

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June 26, 2015, 02:35:19 AM
 #34

i'd say bitcoin price will rise in the near future, especially around the 2016 block reward halving. so i suggest you buy bitcoin now.
if what Kim Dotcom claims turns out to be true, then there is an extra push for the price to go even higher which is better.

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June 26, 2015, 03:02:52 AM
 #35

...

Greeks should indeed buy both BTC and gold.  Both are investments that are only somewhat correlated with each other, but both will help prevent wealth from being confiscated in a Greek bail-in.

I would say the same for cautious savers in the USA.  We may be only 3 years (who knows) behind Greece with our own financial problems. 

Pro tip:

If Greece has a bad ending, watch Spain & Italy.  If either goes off the cliff too (or even more so: if both do), then France goes...  France goes, Germany goes...  If Germany goes, and we have 48 hours (max) before the financial tsunami washes upon our shores.
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