Topic: Do you seriously believe that Cyprus was main cause of the bubble? - page 2. (Read 1844 times)
July 20, 2013, 09:06:58 AM
Spot on.
July 20, 2013, 09:05:09 AM
You really think that it was cyprus that caused the bubble? This topic is inspired by talk with a friend from work who is from Cyprus and spent all of last year in Cyprus, he had no idea what bitcoins are - and he is working as a developer.
My personal belief is that once ATH was passed it was just a hysteria and lots of media attention that caused the bubble
Conclusion: another country going Cyprus style will do nothing to BTC. The only reason why it would do anything is guys over in the "land of the free" thinking "oh, another country going Cyprus, lets buy btc" but it won't be enough to go past 266.
My personal belief is that once ATH was passed it was just a hysteria and lots of media attention that caused the bubble
Conclusion: another country going Cyprus style will do nothing to BTC. The only reason why it would do anything is guys over in the "land of the free" thinking "oh, another country going Cyprus, lets buy btc" but it won't be enough to go past 266.
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