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Topic: Not going below $240-$250 - Greece going to do a silent exit (starting) Monday.. (Read 1819 times)

legendary
Activity: 1372
Merit: 1252
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.

I don't think we'll see any crumbling anytime soon, you'll see how the news stop talking about Greece for a while and we'll (by we I mean the average clueless joes) forget about Greece and what happened, just like "we" forgot about what happened with Ebola (notice how it was all over the place and not Ebola "doesnt exist anymore". They'll use this sort of tactic, and once shit hits the fan for real it will catch everyone by surprise and the smart ones holding BTC will visit a place called moon.
full member
Activity: 218
Merit: 100
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.

Well it has no choice really.

And its just germany, its every euro lending nation, that has a piece of the debt to greece.

Its just germany has a larger stake in it then most other euro country.

In spite of having no choice, everybody tries to adopt tough postures.
Tough to negotiate that way.
legendary
Activity: 1456
Merit: 1002
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.

Well it has no choice really.

And its just germany, its every euro lending nation, that has a piece of the debt to greece.

Its just germany has a larger stake in it then most other euro country.
full member
Activity: 218
Merit: 100
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.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
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.
hero member
Activity: 560
Merit: 500
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.
legendary
Activity: 1218
Merit: 1000
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
8up
hero member
Activity: 618
Merit: 500
Not going below ~275 Wink

Actually no one seems to sell the dip. Even with btc-e and bitfinex in limbo.
hero member
Activity: 854
Merit: 503
Legendary trader
hero member
Activity: 560
Merit: 500
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.
newbie
Activity: 28
Merit: 0
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.  Cheesy

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
legendary
Activity: 1946
Merit: 1007
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?
sr. member
Activity: 294
Merit: 250
pepople was saying the same 2 weeks ago (after 30th), and now... ?
legendary
Activity: 1946
Merit: 1137
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!
sr. member
Activity: 266
Merit: 250
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
legendary
Activity: 3248
Merit: 1070
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...

sr. member
Activity: 406
Merit: 250
AltoCenter.com
I don't think it will dip lower than 250$. It will hover around it for the next month at least.
full member
Activity: 154
Merit: 100
That Darn Cat
I never thought it going lower than 245 or so but I did expect it to inch down to that area slowly.
legendary
Activity: 896
Merit: 1000
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.
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