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Author Topic: Bitcoin and Greece: a new beginning?  (Read 1620 times)
angrynerd88 (OP)
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July 15, 2015, 05:32:33 AM
 #1

is this the start of a new bitcoin bubble? I hope so.

grendel25
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July 15, 2015, 06:10:54 AM
 #2

Possibly a contributing factor to the growth of bitcoin as potential investors put some appreciable expenditure into diversifying their well managed portfolio.  This latest scare for Greeks would surely make them consider all alternative monetary tools for future incidents.

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bornil267645
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July 15, 2015, 08:45:53 AM
 #3

is this the start of a new bitcoin bubble? I hope so.

This why the bitcoin community is falling behind. Something new has started and all you guys can think about is that the price is going to be up? This is the sort of thinking that keeps our community still in the "FRUSTRATED" circle.

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July 15, 2015, 08:50:41 AM
 #4

is this the start of a new bitcoin bubble? I hope so.

This why the bitcoin community is falling behind. Something new has started and all you guys can think about is that the price is going to be up? This is the sort of thinking that keeps our community still in the "FRUSTRATED" circle.

This is right and pretty sad. Quick profits seems to be the most important to a lot of guys here.
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July 15, 2015, 08:51:22 AM
 #5

So exactly what would be the benefit of this so called bubble? I do not want to go through the same events that unfolded once the last one popped.
A lot of people are going to be hurt and will start complaining. Everything will stagnate again. A bubble isn't the right way forward.

Honestly it looks like Greeks have not had so much effect on Bitcoin yet (I'm talking about citizens buying). Although the situation could be beneficial once more and more people start realizing that Bitcoin could be their new safe heaven.

This is right and pretty sad. Quick profits seems to be the most important to a lot of guys here.
Exactly. Most are fueled by greed.

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July 15, 2015, 08:59:35 AM
 #6

1. Bitcoin needs steady growth, not another bubble.
2. Greece as a country has no benefit in Bitcoin, they need either a loan, either a coin they can make inflation on. Some of the Greeks though, may find Bitcoin as a safe investment of their money and a way to export the money while the "capital control". However, I don't see a big scale for this movement because the capital control may be lifted until the end of the week and most people are still stuck to 50? Euro/day.

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Amph
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July 15, 2015, 08:59:47 AM
 #7

is this the start of a new bitcoin bubble? I hope so.

This why the bitcoin community is falling behind. Something new has started and all you guys can think about is that the price is going to be up? This is the sort of thinking that keeps our community still in the "FRUSTRATED" circle.

This is right and pretty sad. Quick profits seems to be the most important to a lot of guys here.

i can understand if their greed is toward the point to have more bitcoin to use them in the future when there will be fully adoption or whatever, but their primarely purpose is to dump for fiat, which make this whole thing even more sad
MF Doom
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July 15, 2015, 10:03:25 AM
 #8

is this the start of a new bitcoin bubble? I hope so.

This why the bitcoin community is falling behind. Something new has started and all you guys can think about is that the price is going to be up? This is the sort of thinking that keeps our community still in the "FRUSTRATED" circle.

This is right and pretty sad. Quick profits seems to be the most important to a lot of guys here.

And that's exactly why its so hard to buy into a "rally". Almost all the time its no more than a pump, and within days the dump occurs within a few hours. It makes it hard to take it seriously when most people involved with btc want to only do that and make a quick Buck
aakashsangwan
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July 15, 2015, 10:47:25 AM
 #9

Nah the Greek people will not be buying bitcoins as they are still under eurozone.
So basically the whales took advantage of the news about the Greece coming out of eurozone and pumped the prices of Bitcoin.

BrianM
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July 15, 2015, 10:56:15 AM
 #10

is this the start of a new bitcoin bubble? I hope so.

Why the hell do you wish for a bubble? Don't you rather want bitcoin to be substainable and slow and stady rise in price. Bubbles bring nothing good. Yeah, sure, you can earn some quick dollars, buy selling your bitcoins. But this is exactly one of the big problems with bitcoin. Many people like you (no offence) are just here to make a quick dollar and fail to see the greater perspective.
AtheistAKASaneBrain
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July 15, 2015, 11:14:01 AM
 #11

Nah the Greek people will not be buying bitcoins as they are still under eurozone.
So basically the whales took advantage of the news about the Greece coming out of eurozone and pumped the prices of Bitcoin.
Not for a long time. The Greeks already learned the lesson, and they know in the not so far future, the same fate will be meet: choosing between insane austerity and trying luck outside the eurozone.
MF Doom
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July 15, 2015, 11:14:12 AM
 #12

is this the start of a new bitcoin bubble? I hope so.

Why the hell do you wish for a bubble? Don't you rather want bitcoin to be substainable and slow and stady rise in price. Bubbles bring nothing good. Yeah, sure, you can earn some quick dollars, buy selling your bitcoins. But this is exactly one of the big problems with bitcoin. Many people like you (no offence) are just here to make a quick dollar and fail to see the greater perspective.

Hence furthering some of the conceptions that most people have of btc:
a) its a ponzi scheme
b) its only used for illegal activity online
c) the price is manipulated to create bubbles
gentlemand
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July 15, 2015, 11:37:30 AM
 #13


Why the hell do you wish for a bubble? Don't you rather want bitcoin to be substainable and slow and stady rise in price. Bubbles bring nothing good. Yeah, sure, you can earn some quick dollars, buy selling your bitcoins. But this is exactly one of the big problems with bitcoin. Many people like you (no offence) are just here to make a quick dollar and fail to see the greater perspective.

It will always be thus until it reaches relative saturation. That's just how human nature works. It ain't changing any time soon.
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July 15, 2015, 11:49:25 AM
 #14

is this the start of a new bitcoin bubble? I hope so.

I'm not really want a bubble price, just make a coins stable is enough i think, although i know the stability is have different level than fiat.
But if demand is more than supply exactly the price will rise, especially if big country adopt it.
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July 15, 2015, 12:27:47 PM
 #15

Forget about Greece: https://dizzynomics.wordpress.com/2015/07/12/what-do-you-call-a-freely-floated-rmb/
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July 15, 2015, 12:35:16 PM
 #16

No, the Greeks don't even know what Bitcoin is. Can't see it causing a bubble unless it causes the collapse of the Euro Zone

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July 15, 2015, 09:29:21 PM
 #17

No, the Greeks don't even know what Bitcoin is. Can't see it causing a bubble unless it causes the collapse of the Euro Zone

i think the hype around bitcoin will make traders buy. and that will make the price go up significantly, it will be due traders around the world, and not the greece people.
angrynerd88 (OP)
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July 16, 2015, 02:45:42 AM
 #18

Ok i am going to reply. I have bought during previous bubble when btc was about 850. Now I am in big loss. My principle was never to sell at inferior price but wait. And I did. I need another bubble to cut the loss and sell back. Go back in pair with my savings. I have invested a lot if my life savings (I could afford to lose it, I mean I do not use them to live, but I would rather have them back).
This is why I really need a big price rise/bubble/whatever. I simply want my money back.

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July 16, 2015, 04:44:56 AM
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Ok i am going to reply. I have bought during previous bubble when btc was about 850. Now I am in big loss. My principle was never to sell at inferior price but wait. And I did. I need another bubble to cut the loss and sell back. Go back in pair with my savings. I have invested a lot if my life savings (I could afford to lose it, I mean I do not use them to live, but I would rather have them back).
This is why I really need a big price rise/bubble/whatever. I simply want my money back.


You've waited this long, why wait to just break even? If we are going to $850, $1000+ shouldn't be far off. I'd stick it out and wait. Who knows, with all these bull predictions going on we may hit way over your break even point.
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July 16, 2015, 09:56:14 AM
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Ok i am going to reply. I have bought during previous bubble when btc was about 850. Now I am in big loss. My principle was never to sell at inferior price but wait. And I did. I need another bubble to cut the loss and sell back. Go back in pair with my savings. I have invested a lot if my life savings (I could afford to lose it, I mean I do not use them to live, but I would rather have them back).
This is why I really need a big price rise/bubble/whatever. I simply want my money back.


You've waited this long, why wait to just break even? If we are going to $850, $1000+ shouldn't be far off. I'd stick it out and wait. Who knows, with all these bull predictions going on we may hit way over your break even point.

when we will going to 850-1000++ now price like don't move in 6 month only in range 200-310. i dont again what will happen with bitcoin if this situation still continue

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