Not going below $240-$250 - Greece going to do a silent exit (starting) Monday..

[ProfessionalGoogler]

All signs are pointing to Greece reforms/agreements failing.

Lets face it, if you happen to be born into an Economy like this, do you feel you should pay the price? Hell no.

Banks reopening Monday. (slow-steady exit of the Euro)

Just my 2 cents.  

[Alley]

Withdrawal limits will still be in place.  No foriegn transfers.

[Chef Ramsay]

Probably a legit take and the speculation will continue, especially in litecoin. Cup and handle going on in bitcoin but more work is going into the number 2 piece and it's possible that we'll see something interesting on that tip.

[randy8777]

i also think bitcoin won't go below $250 level, but it's not very likely to see geece exit on monday. it is wat a lot people here are hoping for, but it's not going to happen, for now.

[PenguinFire]

I never thought it going lower than 245 or so but I did expect it to inch down to that area slowly.

[bornil267645]

I don't think it will dip lower than 250$. It will hover around it for the next month at least.

[Amph]

250 is the new bottom it was so clear it is not even funny, when you remain at 220-250 range for months, this is the result, you can't go lower anymore, it does not make sense

the only way is up, oh and btw greece has little to do with it, they have something more important to think about than buying bitcoin...

[tyrexs]

250 is the new bottom it was so clear it is not even funny, when you remain at 220-250 range for months, this is the result, you can't go lower anymore, it does not make sense

the only way is up, oh and btw greece has little to do with it, they have something more important to think about than buying bitcoin...

I think the Greeks had no effect on the price of Bitcoin, it looks like the big players use it to market manipulation issues and they make a profit before the price crash

[Herbert2020]

the greeks didn't have that much of an effect on bitcoin price as i expected in the first place.

so i don't think they are going to have any other significant effect in the future either. no matter if they are doing a silent exit or enter!

[betterangels]

pepople was saying the same 2 weeks ago (after 30th), and now... ?

[NorrisK]

Massive lines already to withdraw 420 euro a week.. This cannot be good for the reforms. The Greeks don't trust in any changes, else they would leave their money on the bank right?

Ultime fear scenario. Everybody is withdrawing, so I'm withdrawing, circle complete.. How will banks make any money without the funds of the consumers?

[TheRealistMassiah1]

All signs are pointing to Greece reforms/agreements failing.

Lets face it, if you happen to be born into an Economy like this, do you feel you should pay the price? Hell no.

Banks reopening Monday. (slow-steady exit of the Euro)

Just my 2 cents.  

Lmao , there is no correlative value between Greece and the price of bitcoin ... and I remember you "professionalGoogler" .. you use delusional analysis to make up your speculative judgements which is really hilarious , and being a hyper-bull is even more gruelingly hillarious

[MF Doom]

Massive lines already to withdraw 420 euro a week.. This cannot be good for the reforms. The Greeks don't trust in any changes, else they would leave their money on the bank right?

Ultime fear scenario. Everybody is withdrawing, so I'm withdrawing, circle complete.. How will banks make any money without the funds of the consumers?

They must know the leaders do not have the peoples interests first and foremost.  It all a "dog and pony show" as I've heard economist martin armstrong say.  These "bailouts" are going to cement the debt slavery of all greek people, and at the end of the day the banks win.

[Morecoin Freeman]

Not going below ~275

[8up]

Not going below ~275

Actually no one seems to sell the dip. Even with btc-e and bitfinex in limbo.

[srgkrgkj]

I think with even Greece making a silent exit we probably will test the $250 waters eventuially before a rally to stable figures over 300 :O

[MF Doom]

I think with even Greece making a silent exit we probably will test the $250 waters eventuially before a rally to stable figures over 300 :O

$250 seemed to hold well before all the greek and chinese frenzy buying in the past few weeks.  I expect the same, a return to $250 quite soon.

But if the past month has shown something is that the world HAS taken an interst to btc, and as soon as economic downturn looks possible, btc is a legitimate alternative to banks, cash under your mattress, gold, etc.

The next time an economic crisis starts brewing, I'm buying.

[spazzdla]

https://www.youtube.com/watch?v=0akBdQa55b4

buy the dip

[darkangel11]

I think with even Greece making a silent exit we probably will test the $250 waters eventuially before a rally to stable figures over 300 :O

Imagine what will happen if the eurozone crumbles.
Right now Germany, France and Italy are trying to keep the ship afloat, England is starting to show the middle finger and the rest is just watching the chaos unfold. It can't go on forever.

[rosh]

I think with even Greece making a silent exit we probably will test the $250 waters eventuially before a rally to stable figures over 300 :O

Imagine what will happen if the eurozone crumbles.
Right now Germany, France and Italy are trying to keep the ship afloat, England is starting to show the middle finger and the rest is just watching the chaos unfold. It can't go on forever.

It will. A collapse is too expensive for Germany.
Germany will do everything it takes to keep the ship afloat.