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Topic: Kim Dotcom Says ‘Greece Will Crash Market; Buy Bitcoin and Gold’ (Read 1523 times)

legendary
Activity: 2968
Merit: 1895
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Greeks should indeed buy both BTC and gold.  Both are investments that are only somewhat correlated with each other, but both will help prevent wealth from being confiscated in a Greek bail-in.

I would say the same for cautious savers in the USA.  We may be only 3 years (who knows) behind Greece with our own financial problems. 

Pro tip:

If Greece has a bad ending, watch Spain & Italy.  If either goes off the cliff too (or even more so: if both do), then France goes...  France goes, Germany goes...  If Germany goes, and we have 48 hours (max) before the financial tsunami washes upon our shores.
legendary
Activity: 3472
Merit: 10611
i'd say bitcoin price will rise in the near future, especially around the 2016 block reward halving. so i suggest you buy bitcoin now.
if what Kim Dotcom claims turns out to be true, then there is an extra push for the price to go even higher which is better.
hero member
Activity: 482
Merit: 500
LAUNDER BITCOIN: https://BitLaunder.com
I wonder how much Kim himself owns of Bitcoin .. but I do agree he is 100% right. Buy gold and BTC, get OUT of US dollars
hero member
Activity: 672
Merit: 503
Who cares what some wannbe has to say about Bitcoin?...if we listened to every wannabe, bitcoin would be $10 bucks. The fact that press publishes shit like this blows my mind...pure speculation with no proof.

Like it or not, when someone has a huge following, it's going to have an impact on it. If Warren Buffet says don't invest in BTC, it's not what I would call positive, even tho it doesn't change the outcome: BTC being success, it doesn't exactly help..
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
Who cares what some wannbe has to say about Bitcoin?...if we listened to every wannabe, bitcoin would be $10 bucks. The fact that press publishes shit like this blows my mind...pure speculation with no proof.
legendary
Activity: 3248
Merit: 1070
I don't understand where people are getting this notion that Bitcoin price will do well in an economic crash. It is way to volitile for anyone with sense to put their wealth into.

despite your claim, which is true for the general trend of bitcoin, if one look at the all time chart; bitcoin is pretty stable recently, and anyway stability could only increase with adoption, so if none is willing to take the risk and begin to adopt bitcoin, then stability will not be achieved ever

and in a crisis like this the safest market is the one more new, bitcoin fit perfectly for this
hero member
Activity: 714
Merit: 500
I don't understand where people are getting this notion that Bitcoin price will do well in an economic crash. It is way to volitile for anyone with sense to put their wealth into.
Have you heard about Cyprus?
http://money.cnn.com/2013/03/28/investing/bitcoin-cyprus/index.html
legendary
Activity: 1036
Merit: 1000
Thug for life!
I don't understand where people are getting this notion that Bitcoin price will do well in an economic crash. It is way to volitile for anyone with sense to put their wealth into.

thats what kim try to proclaim I'm guessing is part of hes play book against hes fight with the u.s after destroying hes megaupload empire.
hero member
Activity: 788
Merit: 1000
I don't understand where people are getting this notion that Bitcoin price will do well in an economic crash. It is way to volitile for anyone with sense to put their wealth into.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
Well last time he tweeted something like "lets give bitcoin a boost" and the market moved - which was amazing, because if one guy in 1 sentence can move market, this whole Grexit thing could hype it again.
I would still be skeptical if it was only him that's promoting bitcoin, but lately there's a whole mass of recognized business people that are claiming the same.
Market is bound to move in the following months, imho

cheers
full member
Activity: 154
Merit: 100
That Darn Cat
Wouldn't this be like common sense for Greece citizens?  Obviously you wouldn't invest or buy into any assist related to Greece.  lol
legendary
Activity: 2786
Merit: 1031
It's a great time to buy bitcoin, probably, in a year or two we will compare 2015 to mid 2013 when it was around $100/BTC.

legendary
Activity: 1036
Merit: 1000
Thug for life!

Could we say hes like a Donald trump type, claims so much but has very little actually backing him up, last time i check he hasn't made anyone money, hes out just to make money for him the way i see it.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
He's an economics and political science wizard now? I thought fatty po po (as the New Zealand SIS like to call him) just ran a file share business and liked to take pictures next to cars and helicopters.

The New Zealand SIS are responsible for my favorate Dotcom quote, "We won't have to work very hard to take him down. He could be defeated by a small set of stairs." lol
legendary
Activity: 1036
Merit: 1000
Thug for life!
His tweets could affect bitcoin price Roll Eyes
Could become worth if you buy bitcoin now

But, i doubt that tweet

He has tweeted before about bitcoin he just doesn't have that affect on the internet society any more, maybe back when the old mega was around if he offer people to get paid in bitcoin for each download.
legendary
Activity: 1008
Merit: 1000
I also think these tweets by Kim Dotcom would make some major impact at bitcoin and in coming days we will see big investment in it, in my point of view bitcoin is safest investment in many ways and huge potential to give the best return for it as much positive news around us for its great future.
hero member
Activity: 574
Merit: 500
If he says then we should . He pretty much was the reason last time he tweeted about bitcoin which made the price go up from around 230 to 280. However this one might not follow as Russia has offered to provide help to Greece and even if they separate, chances of bitcoins being adopted is extremely less.
legendary
Activity: 1050
Merit: 1000
Kim Dotcom's only speculating that Greece will exit the EU, he can't predict the future. It's also difficult to predict what will happen to Bitcoin and gold prices if Greece exits the EU.

Do your own research and make your own mind up based on it rather than relying on Kim Dotcom.

I'd say it's 50/50 whether Greece exits the EU and not a foregone conclusion.

well i dont think there any chance of leaving of Greece the EU at the moment that is most difficult to predict about this, i am also agree with Kim Dotcom that is great time to move your into bitcoin because it is cheap and ready to take a boost after get correction in price.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
I heard that Kim Dotcom is working on a new internet that is 100% encrypted, sounds very interesting. He does seem like a self publicist though, not sure I like him.
He has reasons to hate government and copyright laws. His previous business Megaupload was shut down by the FBI. He wants to make internet totally NSA-free in the process.
His method might be controversial but I think we need more people like him. But his speculation about Greece and financial crash could be wrong, it does not matter, he is right about one thing - buy BTC!
full member
Activity: 168
Merit: 100
Internet entrepreneur Kim Dotcom advised his followers to invest in either Bitcoin or gold, claiming that values will rise once Greece prompts the global market to crash again.
Do you think it can really go that way? Should I buy some more Bitcoins then? And how soon it might happen?
The International Monetary Fund has given the country one final chance to secure €7.2 billion by 30 June, an unlikely sum that may force Greece into default. Look at the confidence of Greek Leader as mentioned below:

"As you all know, we are now in the middle of a great storm," the Greek leader said. "But we are a seafaring nation that knows how to navigate through storms and is not afraid of heading to new seas and reaching new harbors."

I like his Positive attitude, hope he will make it more effective in coming days.
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