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Topic: Stocks fall globally as Greek talks collapse - page 2. (Read 8244 times)

hero member
Activity: 560
Merit: 500
This is quite the spectacle, almost beautiful watching the fiat based economy's value plummet to hell.

http://www.marketwatch.com/investing/index/djia/overview

I don't understand this fear.  Why did everyone all of a sudden start panic selling EVERYTHING?
Is it really so bad that Greece leaves the Euro, how does that affect anything in the U.S.?

Dont have an clue but even Asian markets are going down due to Greece.

full member
Activity: 156
Merit: 100
Crypto Currency Developer
This is quite the spectacle, almost beautiful watching the fiat based economy's value plummet to hell.

http://www.marketwatch.com/investing/index/djia/overview

I don't understand this fear.  Why did everyone all of a sudden start panic selling EVERYTHING?
Is it really so bad that Greece leaves the Euro, how does that affect anything in the U.S.?
member
Activity: 68
Merit: 10
This is quite the spectacle, almost beautiful watching the fiat based economy's value plummet to hell.

http://www.marketwatch.com/investing/index/djia/overview
sr. member
Activity: 442
Merit: 250
HANG SENG INDEX (HSI - Hong Kong) entered the bear market according to Bloomberg  Grin

http://www.bloomberg.com/quote/HSI:IND
sr. member
Activity: 1330
Merit: 289
Panic wipes £2tn off Chinese shares

"China’s efforts this week to stem the tide of losses on its main stock market failed on Friday when the Shanghai Composite index plunged a further 5.8%, taking the drop in share values to 28% since their June peak."

http://www.theguardian.com/business/2015/jul/03/chinas-stock-market-slump-continues
full member
Activity: 126
Merit: 100
In the currency market, the euro rose 0.15% against the U.S. dollar, moving to $1.1284 and recovering from an earlier low of $1.1188. The U.S. dollar index, which measures the greenback against a basket of currencies, fell 0.21%. The yen was flat against the dollar.

yeah, that is exactly how the stocks have been affected. This rising and falling of the values this time has kinda affected a little too much than the usual on stocks.
Every currency is being affected now. In our county our dollar has dropped to a low not seen since 23 years.
hero member
Activity: 994
Merit: 1000
In the currency market, the euro rose 0.15% against the U.S. dollar, moving to $1.1284 and recovering from an earlier low of $1.1188. The U.S. dollar index, which measures the greenback against a basket of currencies, fell 0.21%. The yen was flat against the dollar.

yeah, that is exactly how the stocks have been affected. This rising and falling of the values this time has kinda affected a little too much than the usual on stocks.
sr. member
Activity: 442
Merit: 250
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
I observe that when Greek economy collapsed Bitcoin Rises. lol

something similar happen to Cyprus last time
newbie
Activity: 56
Merit: 0
I observe that when Greek economy collapsed Bitcoin Rises. lol
hero member
Activity: 994
Merit: 1000
In the currency market, the euro rose 0.15% against the U.S. dollar, moving to $1.1284 and recovering from an earlier low of $1.1188. The U.S. dollar index, which measures the greenback against a basket of currencies, fell 0.21%. The yen was flat against the dollar.

EUR/USD 1.10

When I used to say "we'll see euro and dollar parity during our lifetimes" I was told I was crazy, but it seems it will take way less than expected at this pace. Next stop: proving im not crazy by saying we'll see 5 figures if not more per BTC during our lifetimes.

I hope whatever you say does go down, but can you please elaborate about how you reached to your point of speculation about the bitcoin price value? I'd like to understand your perspective Smiley
sr. member
Activity: 442
Merit: 250
http://finance.yahoo.com/echarts?s=000001.SS+Interactive#{"range":"6mo","allowChartStacking":true}  Grin
sr. member
Activity: 1330
Merit: 289
legendary
Activity: 2114
Merit: 1011
Buy bitcoins or cry later.
hero member
Activity: 994
Merit: 1000
Collateral damage has been taking place since the economic collapse of the country Greece, the markets were bound to crash as investors panic looking at the conditions there. Banks are closing down, capital control is going to be initiated, its just hurtful to even hear about it...
sr. member
Activity: 1330
Merit: 289
BREAKING: German government official says it is now too late for an extension of the Greek bailout programme.

https://twitter.com/Reuters/status/615835100983525376
hero member
Activity: 672
Merit: 502
In the currency market, the euro rose 0.15% against the U.S. dollar, moving to $1.1284 and recovering from an earlier low of $1.1188. The U.S. dollar index, which measures the greenback against a basket of currencies, fell 0.21%. The yen was flat against the dollar.

EUR/USD 1.10

When I used to say "we'll see euro and dollar parity during our lifetimes" I was told I was crazy, but it seems it will take way less than expected at this pace. Next stop: proving im not crazy by saying we'll see 5 figures if not more per BTC during our lifetimes.
sr. member
Activity: 1330
Merit: 289
European debt crisis: It's not just Greece that's drowning in debt

"13 EU nations saw their public debt accelerate at a faster rate than Greece’s over the period, while five have debts standing at over €1trn: Germany, Italy, the UK, France and Spain."

http://www.telegraph.co.uk/news/worldnews/europe/greece/11705720/European-debt-crisis-Its-not-just-Greece-thats-drowning-in-debt.html
sr. member
Activity: 1330
Merit: 289
Spanish, Italian government borrowing costs jump as Grexit fears spread

http://www.reuters.com/article/2015/06/29/markets-bonds-euro-idUSL5N0ZF1M020150629
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