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Topic: Catalonia Referendum Pushes Bitcoin Prices Above $4400 (Read 764 times)

legendary
Activity: 2562
Merit: 1441
Did all this news from Catalonia just die down? ANyone?

I think there are 7 major independence movements similar to Catalonia occurring right now throughout europe. Catalonia may be the tip of the iceberg so to speak. This link describes some of europe's independence movements:

http://www.zerohedge.com/news/2017-10-05/7-independence-movements-could-destroy-eu

There haven't been any major updates on Catalonia that I know of. Last I heard two of the independence leaders were imprisoned. Don't know if it will have an impact. My guess is there haven't been any new developments. Catalonia is like brexit in ways where there probably won't be big updates for awhile.
member
Activity: 286
Merit: 31
Bitcoin is unpredictable, sometime no news then the price going up like last week.
Although this news released, i dont see any movement of bitcoin price.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
Looking at bitcoin explorer - there appears to be still high volume of transactions in Spain. Any updates would be appreciated - please post.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
Did all this news from Catalonia just die down? ANyone?
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
Any Catalonian's or Spaniards want to provide further comment?
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
bump. Catalonia is one of the very many interesting stories happening in 2017.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
What would you do if all the state funds are seized and you can't use them for funding the referendum that can lead to financial independence of your state as a whole ?
When the normal funds are freezed you look for other options, like cryptocurrencies.
They will let you fight for independence and at the same time you won't be doing anything illegal too.
This is the case with calatonia.
The people in calqtonia are now accepting cryptocurrencies on a large scale so that they can fund for their referendum against spain , who is kind of doing a serious dictatorship there and people are seeking independence from that.
The mass adoption of bitcoins in calatonia has caused a masive price surge.
Spain has blocked their state funds so that they aren't able to do anything with that also its monitoring that any transaction cease to happen if its for the funding of referendum but guess what ?
BITCOINS are independent Wink damn they know well that no one can control, they are decentralized and there you go Cheesy

Nice post.

"What would you do if all the state funds are seized and you can't use them for funding the referendum that can lead to financial independence of your state as a whole ?
When the normal funds are freezed you look for other options"

hero member
Activity: 1862
Merit: 830
What would you do if all the state funds are seized and you can't use them for funding the referendum that can lead to financial independence of your state as a whole ?
When the normal funds are freezed you look for other options, like cryptocurrencies.
They will let you fight for independence and at the same time you won't be doing anything illegal too.
This is the case with calatonia.
The people in calqtonia are now accepting cryptocurrencies on a large scale so that they can fund for their referendum against spain , who is kind of doing a serious dictatorship there and people are seeking independence from that.
The mass adoption of bitcoins in calatonia has caused a masive price surge.
Spain has blocked their state funds so that they aren't able to do anything with that also its monitoring that any transaction cease to happen if its for the funding of referendum but guess what ?
BITCOINS are independent Wink damn they know well that no one can control, they are decentralized and there you go Cheesy
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
Sincerely I don't see any kind of connections with Catalonia and Btc Prices because when the referendum happened price didnt make any great moving. But I think it may affect Bitcoin indirectly because of the fiat changing price, and the recently movement of Bitcoin is because of that fork thing which can be back to stabilize after 25th october.

Catalonia has declared independence today, it is all over the news in several countries now. Europe is going to go throught a major crisis with this I think. People living in Catalonia are going to get scared about bail ins, so there is a big incentive to have your wealth in bitcoin right now if you live in Catalonia. Who wants to leave their money in a republic with no international recognition and in the hands of some communists?

Once again bitcoin holders will profit and fiat holders will suffer from all of this. Most likely the central government of spain will soon pass some serious measures to establish order which will only escalate the problem to an higher level, but if you are holding your wealth in bitcoin you are unaffected. It is the wonders of holding an asset that belongs to no country.
Bitcoin is a pretty nifty technology for escaping bad fiat systems in times of turmoil, eh?

It just goes to show that any sort of "Union" between regions will fail, regionalism is too strong and most governments don't seem to want to accept that people have ties to where they came from and aren't interested in locking their history, culture, or whatever else, away under the guise of being united under some banner. I'd like to see what the response is from the rest of the EU about this; if Catalonia can actually manage their independence well then there might be more regions within EU countries attempting to push for their own independence, which would be a disaster for all involved.

Yes, the world is a very interesting place. Each one of us have personal decisions to make that in aggregate affect the world.
hero member
Activity: 672
Merit: 503
Sincerely I don't see any kind of connections with Catalonia and Btc Prices because when the referendum happened price didnt make any great moving. But I think it may affect Bitcoin indirectly because of the fiat changing price, and the recently movement of Bitcoin is because of that fork thing which can be back to stabilize after 25th october.

Catalonia has declared independence today, it is all over the news in several countries now. Europe is going to go throught a major crisis with this I think. People living in Catalonia are going to get scared about bail ins, so there is a big incentive to have your wealth in bitcoin right now if you live in Catalonia. Who wants to leave their money in a republic with no international recognition and in the hands of some communists?

Once again bitcoin holders will profit and fiat holders will suffer from all of this. Most likely the central government of spain will soon pass some serious measures to establish order which will only escalate the problem to an higher level, but if you are holding your wealth in bitcoin you are unaffected. It is the wonders of holding an asset that belongs to no country.
Bitcoin is a pretty nifty technology for escaping bad fiat systems in times of turmoil, eh?

It just goes to show that any sort of "Union" between regions will fail, regionalism is too strong and most governments don't seem to want to accept that people have ties to where they came from and aren't interested in locking their history, culture, or whatever else, away under the guise of being united under some banner. I'd like to see what the response is from the rest of the EU about this; if Catalonia can actually manage their independence well then there might be more regions within EU countries attempting to push for their own independence, which would be a disaster for all involved.

Donald Dusk already said nothing has changed, the EU still sees Spain as the only interlocutor, which means is not recognized as a republic. Angela Merkel and Macron have also said that the so called Catalonian Republic is not recognized.

Legal situation for Catalonians is now very confuse and they should be worried about their wealth. Those that did their homework and move it to bitcoin are now safe. You have to do this before it happens, not the day it happens, but there's still time for them before they try to stop withdraws from banks.
legendary
Activity: 1218
Merit: 1007
Sincerely I don't see any kind of connections with Catalonia and Btc Prices because when the referendum happened price didnt make any great moving. But I think it may affect Bitcoin indirectly because of the fiat changing price, and the recently movement of Bitcoin is because of that fork thing which can be back to stabilize after 25th october.

Catalonia has declared independence today, it is all over the news in several countries now. Europe is going to go throught a major crisis with this I think. People living in Catalonia are going to get scared about bail ins, so there is a big incentive to have your wealth in bitcoin right now if you live in Catalonia. Who wants to leave their money in a republic with no international recognition and in the hands of some communists?

Once again bitcoin holders will profit and fiat holders will suffer from all of this. Most likely the central government of spain will soon pass some serious measures to establish order which will only escalate the problem to an higher level, but if you are holding your wealth in bitcoin you are unaffected. It is the wonders of holding an asset that belongs to no country.
Bitcoin is a pretty nifty technology for escaping bad fiat systems in times of turmoil, eh?

It just goes to show that any sort of "Union" between regions will fail, regionalism is too strong and most governments don't seem to want to accept that people have ties to where they came from and aren't interested in locking their history, culture, or whatever else, away under the guise of being united under some banner. I'd like to see what the response is from the rest of the EU about this; if Catalonia can actually manage their independence well then there might be more regions within EU countries attempting to push for their own independence, which would be a disaster for all involved.
legendary
Activity: 3080
Merit: 1353
Sincerely I don't see any kind of connections with Catalonia and Btc Prices because when the referendum happened price didnt make any great moving. But I think it may affect Bitcoin indirectly because of the fiat changing price, and the recently movement of Bitcoin is because of that fork thing which can be back to stabilize after 25th october.

Catalonia has declared independence today, it is all over the news in several countries now. Europe is going to go throught a major crisis with this I think. People living in Catalonia are going to get scared about bail ins, so there is a big incentive to have your wealth in bitcoin right now if you live in Catalonia. Who wants to leave their money in a republic with no international recognition and in the hands of some communists?

Once again bitcoin holders will profit and fiat holders will suffer from all of this. Most likely the central government of spain will soon pass some serious measures to establish order which will only escalate the problem to an higher level, but if you are holding your wealth in bitcoin you are unaffected. It is the wonders of holding an asset that belongs to no country.

But this has remained to be seen, right now we don't see movement that we can say that Catalonian fight for independence put bitcoin price to the next level. But I have to agree that bitcoin is a good safe haven for your assets in terms of hedge in cases of political and economic turmoil as we have seen in Venezuela, Zimbabwe and now Catalonia. Right now we may not see the dots connecting the situation to bitcoin price movement, but I believed that in the next succeeding days, Catalonia will put their cash to bitcoin. Let's wait how thing will evolved then.
hero member
Activity: 672
Merit: 503
Sincerely I don't see any kind of connections with Catalonia and Btc Prices because when the referendum happened price didnt make any great moving. But I think it may affect Bitcoin indirectly because of the fiat changing price, and the recently movement of Bitcoin is because of that fork thing which can be back to stabilize after 25th october.

Catalonia has declared independence today, it is all over the news in several countries now. Europe is going to go throught a major crisis with this I think. People living in Catalonia are going to get scared about bail ins, so there is a big incentive to have your wealth in bitcoin right now if you live in Catalonia. Who wants to leave their money in a republic with no international recognition and in the hands of some communists?

Once again bitcoin holders will profit and fiat holders will suffer from all of this. Most likely the central government of spain will soon pass some serious measures to establish order which will only escalate the problem to an higher level, but if you are holding your wealth in bitcoin you are unaffected. It is the wonders of holding an asset that belongs to no country.
sr. member
Activity: 602
Merit: 263
Sincerely I don't see any kind of connections with Catalonia and Btc Prices because when the referendum happened price didnt make any great moving. But I think it may affect Bitcoin indirectly because of the fiat changing price, and the recently movement of Bitcoin is because of that fork thing which can be back to stabilize after 25th october.
hero member
Activity: 1064
Merit: 505
Maybe the corrupt catalonians politics are pushing BTC price up.  Grin

Part of this independence trial is just to save some corrupt politics from the punishment by spanish laws. Politics that were stealing from contracts of statal constructions. Unfortunatelly Bitcoin is an easy way to make this money disappear...

Maybe. People of Spain marked top 5 peoples in a country engaged in Bitcoin.


Wow, that's a lot!

I'll try to do a better job explaining how Catalonia and bitcoin could be related.

There are many threads in these forums discussing banks. Most would likely agree banks desire centralized one world governments. This is the reason why star trek has a centralized federation of planets. To give people the idea that a centralized socialist state will someday conquer war, poverty, racism & other evils.

Catalonia and the UK moving towards independence and decentralized government flies in the face of the goals bankers wish to accomplish. Brexit and Catalonia becoming independent would reduce the influence central banks have in the world. It reduces the degree to which governments of the world are centralized, increasing bitcoin's chances of success as bitcoin has better chances of surviving in a world of independent states than it does a centralized one world government run by central banks.

I feel like there's a better way to break this topic down. I'm just not seeing it right now.

But if Catalonia becomes independent and the neo-communists/socialists take it (what has a great chance to happen), it won't be good for Bitcoin, for people who live/work there and for their individual choices. It will just be good for the command, the parasites who sell the false idea of equality, love, mutual respect and all other lies these people like to tell to conquer lands and slave nations.

Bitcoin wouldn't have any chance on a society like this.

I disagree, you see in countries that experience economic restrictions or war (ie if a local geography such as Catalonia is targeted), it seems to fuel more adoption to Bitcoin. Look at the already high rates of Bitcoin trades in Spain. Look at Bitcoin adoption in Venezuela, in Nigeria, in India, Argentina.

Heck, even in USA, as the stock market has had tiny falls, you see something like this:


After the initial reaction of riotpolice forces, Catalonian people might as well go more nuts on bitcoin to drain the violent establishment of its systemic resources.

Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalksearch.org/topic/which-country-are-you-from-here-list-thirty-popular-bitcoin-countries-for-trade-1853019

example screenshot:



Yep plus cataluña has been the first here in spain to have bitcoin atm's so they are definitely ready to use bitcoin and it is obviously showing. I do think that independence wont actually happen though.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
Maybe the corrupt catalonians politics are pushing BTC price up.  Grin

Part of this independence trial is just to save some corrupt politics from the punishment by spanish laws. Politics that were stealing from contracts of statal constructions. Unfortunatelly Bitcoin is an easy way to make this money disappear...

Maybe. People of Spain marked top 5 peoples in a country engaged in Bitcoin.


Wow, that's a lot!

I'll try to do a better job explaining how Catalonia and bitcoin could be related.

There are many threads in these forums discussing banks. Most would likely agree banks desire centralized one world governments. This is the reason why star trek has a centralized federation of planets. To give people the idea that a centralized socialist state will someday conquer war, poverty, racism & other evils.

Catalonia and the UK moving towards independence and decentralized government flies in the face of the goals bankers wish to accomplish. Brexit and Catalonia becoming independent would reduce the influence central banks have in the world. It reduces the degree to which governments of the world are centralized, increasing bitcoin's chances of success as bitcoin has better chances of surviving in a world of independent states than it does a centralized one world government run by central banks.

I feel like there's a better way to break this topic down. I'm just not seeing it right now.

But if Catalonia becomes independent and the neo-communists/socialists take it (what has a great chance to happen), it won't be good for Bitcoin, for people who live/work there and for their individual choices. It will just be good for the command, the parasites who sell the false idea of equality, love, mutual respect and all other lies these people like to tell to conquer lands and slave nations.

Bitcoin wouldn't have any chance on a society like this.

I disagree, you see in countries that experience economic restrictions or war (ie if a local geography such as Catalonia is targeted), it seems to fuel more adoption to Bitcoin. Look at the already high rates of Bitcoin trades in Spain. Look at Bitcoin adoption in Venezuela, in Nigeria, in India, Argentina.

Heck, even in USA, as the stock market has had tiny falls, you see something like this:


After the initial reaction of riotpolice forces, Catalonian people might as well go more nuts on bitcoin to drain the violent establishment of its systemic resources.

Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalksearch.org/topic/which-country-are-you-from-here-list-thirty-popular-bitcoin-countries-for-trade-1853019

example screenshot:

hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
Maybe the corrupt catalonians politics are pushing BTC price up.  Grin

Part of this independence trial is just to save some corrupt politics from the punishment by spanish laws. Politics that were stealing from contracts of statal constructions. Unfortunatelly Bitcoin is an easy way to make this money disappear...

Maybe. People of Spain marked top 5 peoples in a country engaged in Bitcoin.


Wow, that's a lot!

I'll try to do a better job explaining how Catalonia and bitcoin could be related.

There are many threads in these forums discussing banks. Most would likely agree banks desire centralized one world governments. This is the reason why star trek has a centralized federation of planets. To give people the idea that a centralized socialist state will someday conquer war, poverty, racism & other evils.

Catalonia and the UK moving towards independence and decentralized government flies in the face of the goals bankers wish to accomplish. Brexit and Catalonia becoming independent would reduce the influence central banks have in the world. It reduces the degree to which governments of the world are centralized, increasing bitcoin's chances of success as bitcoin has better chances of surviving in a world of independent states than it does a centralized one world government run by central banks.

I feel like there's a better way to break this topic down. I'm just not seeing it right now.

But if Catalonia becomes independent and the neo-communists/socialists take it (what has a great chance to happen), it won't be good for Bitcoin, for people who live/work there and for their individual choices. It will just be good for the command, the parasites who sell the false idea of equality, love, mutual respect and all other lies these people like to tell to conquer lands and slave nations.

Bitcoin wouldn't have any chance on a society like this.
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
I don't think the recent increase in the bitcoin value has anything to do with this Referendum. Bitcoin price is increasing because the market seems quite more stable now, and we are getting positive news from all around the world, in terms of regulation and adoption.
The only thing that this referendum proves, is that people are way more organized now, and fight for their values when they don't like the decisions made by the government. This is not affecting the price of bitcoin, but it signals, that if any government in Europe attempts to hurt bitcoin in any way, people will probably get together and protest, so I really think crypto will only get more and more popular, and it will not be stopped by any government.
legendary
Activity: 2562
Merit: 1441
I'll try to do a better job explaining how Catalonia and bitcoin could be related.

There are many threads in these forums discussing banks. Most would likely agree banks desire centralized one world governments. This is the reason why star trek has a centralized federation of planets. To give people the idea that a centralized socialist state will someday conquer war, poverty, racism & other evils.

Catalonia and the UK moving towards independence and decentralized government flies in the face of the goals bankers wish to accomplish. Brexit and Catalonia becoming independent would reduce the influence central banks have in the world. It reduces the degree to which governments of the world are centralized, increasing bitcoin's chances of success as bitcoin has better chances of surviving in a world of independent states than it does a centralized one world government run by central banks.

I feel like there's a better way to break this topic down. I'm just not seeing it right now.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
Maybe the corrupt catalonians politics are pushing BTC price up.  Grin

Part of this independence trial is just to save some corrupt politics from the punishment by spanish laws. Politics that were stealing from contracts of statal constructions. Unfortunatelly Bitcoin is an easy way to make this money disappear...

Maybe. People of Spain marked top 5 peoples in a country engaged in Bitcoin.
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