Athens Stock Exchange and Greek Banks Will be Closed Monday. BTC Price...?

[OROBTC]

...

Breaking news at various news sites state that the banks in Greece will be closed on Monday, maybe for a while.  The Troika and Greek .gov finally hit an impasse.  No ATMs working, and cannot get cash from the banks.

To my knowledge, this has not happened in the USA in my lifetime.

Reuters also reports that the Athens Stock Exchange will not open.

Imagine you are a tourist in Greece now...  Or you (a Greek) never took some money out of the bank...

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BTC price (various sites) around $248 - $250.  Let's see if this changes during the course of the day.

[NUFCrichard]

It could get interesting very fast.  If they are expecting the masses to use a completely new currency, then it isn't a big step to getting them using Bitcoin in a far bigger way.

It could just be a false dawn for Bitcoin, but it could be the start of a country really adopting Bitcoin.

[vennali]

Irrespective of what happens, I am expecting to see big swings in bitcoin prices over the next week. Even the news of speculation about bitcoin adoption, could give the price of bitcoin a big jump.

[hd060053]

its a long process, where usual people learn to understand the problem of EUR and understand that the money on banks is not save. Then they will think about other forms of "saving" and they will read something about bitcoin/bitcoin will get more attention and then they will invest something in it, if they are not stupid.

[pedrog]

When there were capital controls setup in Cyprus in originated a bubble in bitcoin price, let's see if this time with Greece it also stimulates a bitcoin rally.

[Amph]

a small rise due to the hype of this thing, but don't expect the price to skyrocket in 1 day, and so suddently

it would be a miracle if we can cross the 275-300 range

[bitbollo]

I think that what it happening to greece is a hystoric moment... it's the first time a "european country" fall in the euro union...

I don't really believe in what mass media said about greek goverment, troika, conditions of "loan", and so on...

For who want make a good read... here the "condition"  

http://europa.eu/rapid/attachment/IP-15-5270/en/List%20of%20prior%20actions%20-%20version%20of%2026%20June%2020%2000.pdf
(download directly)

I do not comment what they write... but at first look 9 page of conditions, "strong" conditions...

[OROBTC]

...

Latest news, things are getting worse in Greece, cleaning out not just whatever ATMs are left, but the gas stations & grocery stores too.

http://www.zerohedge.com/news/2015-06-28/ignoring-tsipras-plea-calm-greeks-storm-atms-stores-gas-stations

Will Greece join Venezuela as another Socialist Paradise?

[bryant.coleman]

Greece would adopt the USD way before Bitcoin, and that's what's probably gonna happen.

Not even Zimbabwe is going to adopt Bitcoin, in the present scenario. Right now, Bitcoin is limited to the tech savvy population, and the frequency of wallet hacks and robberies makes it unattractive to the vast majority of the people, who lack the technological expertise to make cold storage wallets for storing their Bitcoin.