Topic: The Cyprus/Bitcoin connection is totally fake - page 2. (Read 3698 times)
Could anyone running a bitcoin service compare those data to his own analytics ? That would be interesting.
It's clear that speculators far outweigh people concerned over any type of financial confiscation.
This.
Here are the download figures from other countries since March 16:
6100 in Spain
2735 in Italy
1234 in Greece
937 in Portugal
This all includes mutliple downloads by same person and perhaps previous users who're just downloading on another device. So maximum of 10,000 across impacted European countries over half a month is nothing to write home about. Sure there are other clients and other ways to 'use' Bitcoin, ignore this very important data at your own peril.
Just for comparison's sake - there's been 15,556 downloads in China over same time frame who're known to love to speculate and gamble in their investments. It's clear that speculators far outweigh people concerned over any type of financial confiscation.
6100 in Spain
2735 in Italy
1234 in Greece
937 in Portugal
This all includes mutliple downloads by same person and perhaps previous users who're just downloading on another device. So maximum of 10,000 across impacted European countries over half a month is nothing to write home about. Sure there are other clients and other ways to 'use' Bitcoin, ignore this very important data at your own peril.
Just for comparison's sake - there's been 15,556 downloads in China over same time frame who're known to love to speculate and gamble in their investments. It's clear that speculators far outweigh people concerned over any type of financial confiscation.
A lot of people use alternative clients and many Bitcoin users don't use a client at all.
I agree to some extent, afaik nobody could even get into their bank via person, phone or internet so bank transfer was ruled out for that period.
You do however, have the fact that every depositor in Europe suddenly realised that that place under the mattress doesn't look too bad anymore.
When you scare people from one asset they often move into several.
You do however, have the fact that every depositor in Europe suddenly realised that that place under the mattress doesn't look too bad anymore.
When you scare people from one asset they often move into several.
The Cypern Bitcoin story started as speculation here, got picked up on various news pages and ended up in news papers and on TV.
I won't call it fake as the speculation started on this forum with correlations between Euro/USD exchange rate and buying waves of Bitcoin from Europe on week days.
So yes, the title should rather be: "Cypern crisis makes Europeans rush to Bitcoin".
Are there Cypriots amongst the buyers? only very few I would imagine, but the ripple effect makes all Europeans check out Bitcoin and buying.
I won't call it fake as the speculation started on this forum with correlations between Euro/USD exchange rate and buying waves of Bitcoin from Europe on week days.
So yes, the title should rather be: "Cypern crisis makes Europeans rush to Bitcoin".
Are there Cypriots amongst the buyers? only very few I would imagine, but the ripple effect makes all Europeans check out Bitcoin and buying.
There's been 265 Bitcoin client downloads on Sourceforge from Cyrpus since March 16 when the crises erupted. That whole ATM opening in Cyprus thing? It's just a press release of some guy saying he 'might do it'. I could make a press release today saying I 'might' open a Bitcoin ATM in every country in the world, so it holds no validity and is probably just a publicity stunt.
Cypriots are not going crazy over Bitcoin at all, the google trends didn't even experience a parabolic rise after March 16.
I'm beginning to grow suspicious of all the other stories of Bitcoin 'taking over the world' as well...Keep your eyes open folks.
Cypriots are not going crazy over Bitcoin at all, the google trends didn't even experience a parabolic rise after March 16.
I'm beginning to grow suspicious of all the other stories of Bitcoin 'taking over the world' as well...Keep your eyes open folks.
Jump to: