Author

Topic: Price Bump is not from Greece (Read 914 times)

legendary
Activity: 1358
Merit: 1000
July 05, 2015, 08:50:58 PM
#6
May be I am speculating here... but I see history is going to repeat itself (not in the same chronological order though)...

Previous Scenario :-
2012 end: Block reward halving
2013 beginning: Hard Fork
2013 mid: Cyprus crisis
2013 end: Bitcoin reached ATH

Current Scenario :-
2015 mid: Greece crisis
2016 beginning: Hard Fork
2016 mid: Block reward halving
2016 end: ? ? ?
Isn't block reward halvening predicted to take place in the beginning of 2016 and not in mid 2016?

Nope, it is mid-2016.
28-Jul-2016, to be precise.

This will help you.
http://bitcoinclock.com/
legendary
Activity: 1184
Merit: 1013
July 05, 2015, 05:30:25 AM
#5
May be I am speculating here... but I see history is going to repeat itself (not in the same chronological order though)...

Previous Scenario :-
2012 end: Block reward halving
2013 beginning: Hard Fork
2013 mid: Cyprus crisis
2013 end: Bitcoin reached ATH

Current Scenario :-
2015 mid: Greece crisis
2016 beginning: Hard Fork
2016 mid: Block reward halving
2016 end: ? ? ?
Isn't block reward halvening predicted to take place in the beginning of 2016 and not in mid 2016?
legendary
Activity: 1358
Merit: 1000
July 03, 2015, 08:48:55 PM
#4
Well,

its surely not from Greece buyers but mostly from the hype and media coverage it got with perspective of banking issues. I see it as much more mature reaction and adoption than the Cyprus one.

Regards

Exactly! The greek crisis is fueling uncertainty, and uncertainty is driving up Bitcoin's price.
Expect volatility around Sunday's referendum in Greece.
legendary
Activity: 1662
Merit: 1050
July 01, 2015, 05:53:03 AM
#3
May be I am speculating here... but I see history is going to repeat itself (not in the same chronological order though)...

Previous Scenario :-
2012 end: Block reward halving
2013 beginning: Hard Fork
2013 mid: Cyprus crisis
2013 end: Bitcoin reached ATH

Current Scenario :-
2015 mid: Greece crisis
2016 beginning: Hard Fork
2016 mid: Block reward halving
2016 end: ? ? ?
legendary
Activity: 1105
Merit: 1001
https://www.zebpay.com
July 01, 2015, 05:29:37 AM
#2
Well,

its surely not from Greece buyers but mostly from the hype and media coverage it got with perspective of banking issues. I see it as much more mature reaction and adoption than the Cyprus one.

Regards
hero member
Activity: 686
Merit: 500
vini, vedi, no vici.
July 01, 2015, 04:55:49 AM
#1
This is news that belongs to News & Thread section. Nowdays, its trend is to keep news for week here before moving to appropriate thread.

Moderator, thanks in advance!

http://fortune.com/2015/06/29/bitcoin-price-hike-greece-grexit/
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