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Author Topic: Kim Dotcom Says ‘Greece Will Crash Market; Buy Bitcoin and Gold’  (Read 1472 times)
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June 24, 2015, 05:16:32 PM
 #1

Internet entrepreneur Kim Dotcom advised his followers to invest in either Bitcoin or gold, claiming that values will rise once Greece prompts the global market to crash again.

Do you think it can really go that way? Should I buy some more Bitcoins then? And how soon it might happen?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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TigerMart
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June 24, 2015, 05:20:45 PM
 #2

Internet entrepreneur Kim Dotcom advised his followers to invest in either Bitcoin or gold, claiming that values will rise once Greece prompts the global market to crash again.

Do you think it can really go that way? Should I buy some more Bitcoins then? And how soon it might happen?


Irrespective of what Kim.com is saying, you should definitely buy bitcoin... because block reward halving is coming.
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June 24, 2015, 05:21:37 PM
 #3

They will never adopt Gold or Bitcoin; but perhaps another form of digital currency. Highly doubt it will be decentralized tho.. hehe Cheesy
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June 24, 2015, 05:25:53 PM
 #4

I think I saw this at least 1 week ago, when he tweeted it. Kim Dotcom is a monster of media, he can move masses, anything he tweets is automatically viral. It is great to have the great Kim being supportive of BTC. Anyone in Greece not putting their money in the blockchain is simply nuts at this point.
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June 24, 2015, 05:28:05 PM
 #5

Kim Dotcom's only speculating that Greece will exit the EU, he can't predict the future. It's also difficult to predict what will happen to Bitcoin and gold prices if Greece exits the EU.

Do your own research and make your own mind up based on it rather than relying on Kim Dotcom.

I'd say it's 50/50 whether Greece exits the EU and not a foregone conclusion.
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June 24, 2015, 05:36:39 PM
 #6

I heard that Kim Dotcom is working on a new internet that is 100% encrypted, sounds very interesting. He does seem like a self publicist though, not sure I like him.
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June 24, 2015, 05:38:56 PM
 #7

Kim os just good in moving masses with his simple phrases and tweets... He just wants everyone to buy Bitcoin (he has strong reasons to make fiat look like the biggest crap ever Grin), regardless of what's happening in Greece. The current Greek situation is just a diversion to accentuate his opinions.
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June 24, 2015, 05:41:40 PM
 #8

Well things wont get that dramatic, The eu will try to bail out some what the greek economy, adding that Russia want to try an help Greece with they financial problem the eu and Nato wont let Greece just go an become Russia next puppet.

then again bitcoin could be a great investment for some middle class and rich Greeks that don't trust their banks any longer.
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June 24, 2015, 05:48:51 PM
 #9

Internet entrepreneur Kim Dotcom advised his followers to invest in either Bitcoin or gold, claiming that values will rise once Greece prompts the global market to crash again.
Do you think it can really go that way? Should I buy some more Bitcoins then? And how soon it might happen?
The International Monetary Fund has given the country one final chance to secure €7.2 billion by 30 June, an unlikely sum that may force Greece into default. Look at the confidence of Greek Leader as mentioned below:

"As you all know, we are now in the middle of a great storm," the Greek leader said. "But we are a seafaring nation that knows how to navigate through storms and is not afraid of heading to new seas and reaching new harbors."

I like his Positive attitude, hope he will make it more effective in coming days.
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June 24, 2015, 06:01:51 PM
 #10

I heard that Kim Dotcom is working on a new internet that is 100% encrypted, sounds very interesting. He does seem like a self publicist though, not sure I like him.
He has reasons to hate government and copyright laws. His previous business Megaupload was shut down by the FBI. He wants to make internet totally NSA-free in the process.
His method might be controversial but I think we need more people like him. But his speculation about Greece and financial crash could be wrong, it does not matter, he is right about one thing - buy BTC!


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June 24, 2015, 06:06:15 PM
 #11

Kim Dotcom's only speculating that Greece will exit the EU, he can't predict the future. It's also difficult to predict what will happen to Bitcoin and gold prices if Greece exits the EU.

Do your own research and make your own mind up based on it rather than relying on Kim Dotcom.

I'd say it's 50/50 whether Greece exits the EU and not a foregone conclusion.

well i dont think there any chance of leaving of Greece the EU at the moment that is most difficult to predict about this, i am also agree with Kim Dotcom that is great time to move your into bitcoin because it is cheap and ready to take a boost after get correction in price.
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June 24, 2015, 06:09:04 PM
 #12

If he says then we should . He pretty much was the reason last time he tweeted about bitcoin which made the price go up from around 230 to 280. However this one might not follow as Russia has offered to provide help to Greece and even if they separate, chances of bitcoins being adopted is extremely less.
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June 24, 2015, 06:11:18 PM
 #13

His tweets could affect bitcoin price Roll Eyes
Could become worth if you buy bitcoin now

But, i doubt that tweet
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June 24, 2015, 06:15:24 PM
 #14

I also think these tweets by Kim Dotcom would make some major impact at bitcoin and in coming days we will see big investment in it, in my point of view bitcoin is safest investment in many ways and huge potential to give the best return for it as much positive news around us for its great future.
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June 24, 2015, 06:24:42 PM
 #15

His tweets could affect bitcoin price Roll Eyes
Could become worth if you buy bitcoin now

But, i doubt that tweet

He has tweeted before about bitcoin he just doesn't have that affect on the internet society any more, maybe back when the old mega was around if he offer people to get paid in bitcoin for each download.
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June 24, 2015, 06:49:07 PM
 #16

He's an economics and political science wizard now? I thought fatty po po (as the New Zealand SIS like to call him) just ran a file share business and liked to take pictures next to cars and helicopters.

The New Zealand SIS are responsible for my favorate Dotcom quote, "We won't have to work very hard to take him down. He could be defeated by a small set of stairs." lol

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June 24, 2015, 07:01:07 PM
Last edit: June 24, 2015, 08:01:13 PM by Argwai96
 #17


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
 #18

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
 #19

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, 09:32:00 PM
 #20

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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