2 years ago Cyprus, now Greece? new bubble on the way?

[n2004al]

Will Greece's failure bring to a new rise of bitcoin price in next months? Maybe a bubble? How much? Tell your opinions.

It is a little late to tell my opinion because things are more cleared now but I don't think that Greeks will buy bitcoins. First because the common people don't have money, second because they need money to spend in everyday things (so no possibility to save), and third because now they have signed the agreement of the help with the European Countries.

[NyeFe]

The 1200 bubble was for the most part produced by WillytheBot (MtGox) and his followers. Cyprus crisis had about the same impact on Bitcoin price as Greece has right now. Problem is mainly, when the banks are closed, people are not able to buy Bitcoins.

This is exactly the reason why we need to push the distribution of BTC ATMs. The more we rely on these banks for getting input bitcoin, the better chance we have on flourishing the industry.

[aso118]

Will Greece's failure bring to a new rise of bitcoin price in next months? Maybe a bubble? How much? Tell your opinions.

When Greece's capital controls is lifting, we may see money moving out of Greece. How much of that will be going into bitcoin? Not much I think. Euro is a strong currency comparable to US dollars, so it will not devalue much. They are better off keeping Euro.

They are better off keeping it in Euro, but in a bank outside Greece.
Greeks would have learnt from this episode. Better to have money outside the clutches of the Greek government when the next crisis strikes.

[bitcoinmasterlord]

Will Greece's failure bring to a new rise of bitcoin price in next months? Maybe a bubble? How much? Tell your opinions.

Are you guys preparing the worst scenario? So the bitcoin demand is rising now. No one can predict that scenario precisely. I think the submitted proposals will be passed by the creditors. Greece will get bailout fund.

Looks like you were right. Greece gets his money and all is back to normal, like before. And what happens to the bitcoin price? It drops when it showed up that they will get the money to proceed the way they proceeded till now.

not exactly it it did not dropped back to where it was before the greece drama, we were at 220-250 before, now 250-275, to me this is a good progress, i don't know if it was for greece of for litecoin, but there is definitely a growth

I think there is no real reason that the bitcoin price can hold that level. It can't grow higher, the last days showed that. So i think it will crash again to a lower level.

[aakashsangwan]

Will Greece's failure bring to a new rise of bitcoin price in next months? Maybe a bubble? How much? Tell your opinions.

Are you guys preparing the worst scenario? So the bitcoin demand is rising now. No one can predict that scenario precisely. I think the submitted proposals will be passed by the creditors. Greece will get bailout fund.

Looks like you were right. Greece gets his money and all is back to normal, like before. And what happens to the bitcoin price? It drops when it showed up that they will get the money to proceed the way they proceeded till now.

not exactly it it did not dropped back to where it was before the greece drama, we were at 220-250 before, now 250-275, to me this is a good progress, i don't know if it was for greece of for litecoin, but there is definitely a growth

I think there is no real reason that the bitcoin price can hold that level. It can't grow higher, the last days showed that. So i think it will crash again to a lower level.

Yes of course the last few days have shown that.
The whales are buying the bitcoin which they sold at 315$ and waiting to create a new pump.

[foodstamps]

IMHO, after they saw what happened with the last rush($1000+ price) when the country economy steered most of them here. And then they saw the giant dumps that took place, I doubt they will make the same mistake as there are hundreds if not thousands waiting for the price to go back up so they can dump as well.


Once again this is IMHO(in my honest opinion).

[fox19891989]

I don't think so, now people know bitcoin is just a pump and dump thing so nobody follows this time, and you can see the price, can't go up, and dumped again, in the near future, we will see 200 usd again, maybe lower because bitcoin is a bubble thing, and the bubble was broken since 1200 USD huge pump.

[Amph]

Will Greece's failure bring to a new rise of bitcoin price in next months? Maybe a bubble? How much? Tell your opinions.

Are you guys preparing the worst scenario? So the bitcoin demand is rising now. No one can predict that scenario precisely. I think the submitted proposals will be passed by the creditors. Greece will get bailout fund.

Looks like you were right. Greece gets his money and all is back to normal, like before. And what happens to the bitcoin price? It drops when it showed up that they will get the money to proceed the way they proceeded till now.

not exactly it it did not dropped back to where it was before the greece drama, we were at 220-250 before, now 250-275, to me this is a good progress, i don't know if it was for greece of for litecoin, but there is definitely a growth

I think there is no real reason that the bitcoin price can hold that level. It can't grow higher, the last days showed that. So i think it will crash again to a lower level.

i see it only as a test to see if 315 or any value above 300 was sustainable, and apparently it was not, i'm obsessed with the fact that there is someone that is trying genuinely to rise the price of bitcoin, slowly

people buying in mass can't control the market so precisely

[aakashsangwan]

I don't think so, now people know bitcoin is just a pump and dump thing so nobody follows this time, and you can see the price, can't go up, and dumped again, in the near future, we will see 200 usd again, maybe lower because bitcoin is a bubble thing, and the bubble was broken since 1200 USD huge pump.

There are many newbie that will still follow the price jump and buy on higher prices or manipulated prices.

[aakashsangwan]

Will Greece's failure bring to a new rise of bitcoin price in next months? Maybe a bubble? How much? Tell your opinions.

Are you guys preparing the worst scenario? So the bitcoin demand is rising now. No one can predict that scenario precisely. I think the submitted proposals will be passed by the creditors. Greece will get bailout fund.

Looks like you were right. Greece gets his money and all is back to normal, like before. And what happens to the bitcoin price? It drops when it showed up that they will get the money to proceed the way they proceeded till now.

not exactly it it did not dropped back to where it was before the greece drama, we were at 220-250 before, now 250-275, to me this is a good progress, i don't know if it was for greece of for litecoin, but there is definitely a growth

I think there is no real reason that the bitcoin price can hold that level. It can't grow higher, the last days showed that. So i think it will crash again to a lower level.

i see it only as a test to see if 315 or any value above 300 was sustainable, and apparently it was not, i'm obsessed with the fact that there is someone that is trying genuinely to rise the price of bitcoin, slowly

people buying in mass can't control the market so precisely

Yes they can control the market so precisely that no one notices.
They create buy orders in a way that the market prices remains just the same.
They place many micro orders and pile up huge amount of Bitcoin and wait for right moment to dump.

[Amph]

Will Greece's failure bring to a new rise of bitcoin price in next months? Maybe a bubble? How much? Tell your opinions.

Are you guys preparing the worst scenario? So the bitcoin demand is rising now. No one can predict that scenario precisely. I think the submitted proposals will be passed by the creditors. Greece will get bailout fund.

Looks like you were right. Greece gets his money and all is back to normal, like before. And what happens to the bitcoin price? It drops when it showed up that they will get the money to proceed the way they proceeded till now.

not exactly it it did not dropped back to where it was before the greece drama, we were at 220-250 before, now 250-275, to me this is a good progress, i don't know if it was for greece of for litecoin, but there is definitely a growth

I think there is no real reason that the bitcoin price can hold that level. It can't grow higher, the last days showed that. So i think it will crash again to a lower level.

i see it only as a test to see if 315 or any value above 300 was sustainable, and apparently it was not, i'm obsessed with the fact that there is someone that is trying genuinely to rise the price of bitcoin, slowly

people buying in mass can't control the market so precisely

Yes they can control the market so precisely that no one notices.
They create buy orders in a way that the market prices remains just the same.
They place many micro orders and pile up huge amount of Bitcoin and wait for right moment to dump.

no they cannot because they can not coordinate between each other, none of them will know when the other will buy, unless you're talking about a group, which wasn't my point

[aakashsangwan]

Will Greece's failure bring to a new rise of bitcoin price in next months? Maybe a bubble? How much? Tell your opinions.

Are you guys preparing the worst scenario? So the bitcoin demand is rising now. No one can predict that scenario precisely. I think the submitted proposals will be passed by the creditors. Greece will get bailout fund.

Looks like you were right. Greece gets his money and all is back to normal, like before. And what happens to the bitcoin price? It drops when it showed up that they will get the money to proceed the way they proceeded till now.

not exactly it it did not dropped back to where it was before the greece drama, we were at 220-250 before, now 250-275, to me this is a good progress, i don't know if it was for greece of for litecoin, but there is definitely a growth

I think there is no real reason that the bitcoin price can hold that level. It can't grow higher, the last days showed that. So i think it will crash again to a lower level.

i see it only as a test to see if 315 or any value above 300 was sustainable, and apparently it was not, i'm obsessed with the fact that there is someone that is trying genuinely to rise the price of bitcoin, slowly

people buying in mass can't control the market so precisely

Yes they can control the market so precisely that no one notices.
They create buy orders in a way that the market prices remains just the same.
They place many micro orders and pile up huge amount of Bitcoin and wait for right moment to dump.

no they cannot because they can not coordinate between each other, none of them will know when the other will buy, unless you're talking about a group, which wasn't my point

OK I understand.
But in my opinion they can coordinate by using irc(Internet relay chat).
What do you think?

[Amph]

Will Greece's failure bring to a new rise of bitcoin price in next months? Maybe a bubble? How much? Tell your opinions.

Are you guys preparing the worst scenario? So the bitcoin demand is rising now. No one can predict that scenario precisely. I think the submitted proposals will be passed by the creditors. Greece will get bailout fund.

Looks like you were right. Greece gets his money and all is back to normal, like before. And what happens to the bitcoin price? It drops when it showed up that they will get the money to proceed the way they proceeded till now.

not exactly it it did not dropped back to where it was before the greece drama, we were at 220-250 before, now 250-275, to me this is a good progress, i don't know if it was for greece of for litecoin, but there is definitely a growth

I think there is no real reason that the bitcoin price can hold that level. It can't grow higher, the last days showed that. So i think it will crash again to a lower level.

i see it only as a test to see if 315 or any value above 300 was sustainable, and apparently it was not, i'm obsessed with the fact that there is someone that is trying genuinely to rise the price of bitcoin, slowly

people buying in mass can't control the market so precisely

Yes they can control the market so precisely that no one notices.
They create buy orders in a way that the market prices remains just the same.
They place many micro orders and pile up huge amount of Bitcoin and wait for right moment to dump.

no they cannot because they can not coordinate between each other, none of them will know when the other will buy, unless you're talking about a group, which wasn't my point

OK I understand.
But in my opinion they can coordinate by using irc(Internet relay chat).
What do you think?

well then you're talking about a group  , but random users all around the world will never coordinate they don't even know about each other

so this pump, with this steady grow must have been done by a group or single powerful entity

[mattiadeabtc]

No cipro and even Greece, what we need is the return of the bot willy to see a new bubble    

[Herbert2020]

looks like Greece didn't have enough power to make a big change in the market and i think this recent rise is more because of the news of Greece rather than the actual Greeks buying in .

on the other hand i believe chinese had a big impact on the market which all in all lead to the $277 level that we are at right now

[dodgecharger]

Will Greece's failure bring to a new rise of bitcoin price in next months? Maybe a bubble? How much? Tell your opinions.

It is a little late to tell my opinion because things are more cleared now but I don't think that Greeks will buy bitcoins. First because the common people don't have money, second because they need money to spend in everyday things (so no possibility to save), and third because now they have signed the agreement of the help with the European Countries.

This is the “quiet before the storm” with a period of tight consolidation. It’s usually the time when the smart money quietly accumulates supply without trying to move prices up too high.

[randy8777]

Will Greece's failure bring to a new rise of bitcoin price in next months? Maybe a bubble? How much? Tell your opinions.

It is a little late to tell my opinion because things are more cleared now but I don't think that Greeks will buy bitcoins. First because the common people don't have money, second because they need money to spend in everyday things (so no possibility to save), and third because now they have signed the agreement of the help with the European Countries.

This is the “quiet before the storm” with a period of tight consolidation. It’s usually the time when the smart money quietly accumulates supply without trying to move prices up too high.

i hear everywhere that whales are accumulating coins, but they already had plenty of time to do so. i think it's more due to the fact that traders overal aren't ready for a price jump.