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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21263. (Read 26713191 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3794
Merit: 5474
Right fellas. I head to Greece this weekend for 2 weeks and will give some updates in a dedicated thread here in the spec forum if people want it..

If you're not lying, then if I were you I would cancel my trip immediately.  Expect complete public unrest and total chaos to breakout there in about 2 days.  Think Arab Spring, riot-in-the-streets type chaos.

You forgot dragons spitting fire and Freddy Krueger with his new saw, cutting off heads on the streets... Roll Eyes

Looks to me like things are heating up on the streets in Athens... it always starts this way.

http://www.nbcnews.com/video/tension-rises-in-greece-475268675897
hero member
Activity: 737
Merit: 500

Horrific news for the Greek public. Banks closed until mid August so that 60 euro a day withdrawal limit will stay in place then. It must be a nightmare, absolute nightmare. Imagine not being able to get access to YOUR money.

I suppose the financially clued up people would have seen this coming months ago & acted as necessary.

What i dont get: The greeks are still able to send money from Greece to Greece. So why they dont send money to BTC-exchanges and use BTC to get a grip to their funds?

I mean i here nothing about that. Obv Tsipras would immediately forbid BTC in Greece, nevertheless it would be a sign of peoples power. But they dont do it! Why?

Well, I think the answer is easy: There is no BTC Exchange in Greece. Only a few Bitcoin Atms...
+most people know nothing about Bitcoin.

Well, incorrect.

https://www.btcgreece.com/

Interestingly, at this moment (14:55 CET) you can buy there for €278.20 and sell for €270.11, compared to €264.88 and €263.55 on Kraken.
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
Imagine not being able to get access to YOUR money.

Trouble is once you deposit money in a bank it is no longer your money. All you own is some bank IOUs.

Lesson. Only ever put money into a bank you can afford to lose.



This is a cause worthy of the attention of our resident scam-buster Dr. Stolfi.

Putting money into bank accounts is risky, millions have been scammed already. And unlike pyramid schemes and the like they don't even promise much of a return on your risky investment.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Prob a repost, but:

http://www.bbc.com/news/business-33531845

"One senior IMF official said the fund would only participate in a third bailout for Greece if EU creditors produce "a clear plan"."

Seems like this greek tragedy has some twists and bends left.

Yeah.  Check this out:

http://www.nytimes.com/2015/07/15/upshot/the-imf-is-telling-europe-the-euro-doesnt-work.html?_r=0&abt=0002&abg=0

I wonder if it is a coincidence that the french head of the IMF gives Hollande just what he needs to twist Finlands and Germanys arms.
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist

You bet those mofos are stacked to the max with bitcoin.
Closing banks for a month makes sure that they end up with profit.
They aren't there for us.
They are also greedy private motherfuckers, just like we are.
hero member
Activity: 658
Merit: 500
btcgreece has a daily limit of 250€ and a weekly limit of 1000€. they say they have thousands of costumers. source: german newspaper
legendary
Activity: 3794
Merit: 5474
Prob a repost, but:

http://www.bbc.com/news/business-33531845

"One senior IMF official said the fund would only participate in a third bailout for Greece if EU creditors produce "a clear plan"."

Seems like this greek tragedy has some twists and bends left.

Yeah.  Check this out:

http://www.nytimes.com/2015/07/15/upshot/the-imf-is-telling-europe-the-euro-doesnt-work.html?_r=0&abt=0002&abg=0
legendary
Activity: 2604
Merit: 3056
Welt Am Draht

Well, I think the answer is easy: There is no BTC Exchange in Greece. Only a few Bitcoin Atms...
+most people know nothing about Bitcoin.


https://www.btcgreece.com/ that looks like one.

I think most in here are steeped in their lack of awareness of the wider world's lack of awareness. To the average Greek BTC is going to look like utter gobbledigook.

It'll take more than a few bespectacled tech writers in far off countries to convince them to trust something completely unknown.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Are the Greek banks still allowing direct debits to process e.g. Monthly mortgages, car finances, utility bills, phone bills.
full member
Activity: 140
Merit: 100

Horrific news for the Greek public. Banks closed until mid August so that 60 euro a day withdrawal limit will stay in place then. It must be a nightmare, absolute nightmare. Imagine not being able to get access to YOUR money.

I suppose the financially clued up people would have seen this coming months ago & acted as necessary.

What i dont get: The greeks are still able to send money from Greece to Greece. So why they dont send money to BTC-exchanges and use BTC to get a grip to their funds?

I mean i here nothing about that. Obv Tsipras would immediately forbid BTC in Greece, nevertheless it would be a sign of peoples power. But they dont do it! Why?

Well, I think the answer is easy: There is no BTC Exchange in Greece. Only a few Bitcoin Atms...
+most people know nothing about Bitcoin.

Well, incorrect.

https://www.btcgreece.com/
ImI
legendary
Activity: 1946
Merit: 1019

Horrific news for the Greek public. Banks closed until mid August so that 60 euro a day withdrawal limit will stay in place then. It must be a nightmare, absolute nightmare. Imagine not being able to get access to YOUR money.

I suppose the financially clued up people would have seen this coming months ago & acted as necessary.

What i dont get: The greeks are still able to send money from Greece to Greece. So why they dont send money to BTC-exchanges and use BTC to get a grip to their funds?

I mean i here nothing about that. Obv Tsipras would immediately forbid BTC in Greece, nevertheless it would be a sign of peoples power. But they dont do it! Why?

Well, I think the answer is easy: There is no BTC Exchange in Greece.

Are you sure about that? I thought i read it somewhere.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2461
Merit: 1058
Don't use bitcoin.de if you care about privacy!

Horrific news for the Greek public. Banks closed until mid August so that 60 euro a day withdrawal limit will stay in place then. It must be a nightmare, absolute nightmare. Imagine not being able to get access to YOUR money.

I suppose the financially clued up people would have seen this coming months ago & acted as necessary.

What i dont get: The greeks are still able to send money from Greece to Greece. So why they dont send money to BTC-exchanges and use BTC to get a grip to their funds?

I mean i here nothing about that. Obv Tsipras would immediately forbid BTC in Greece, nevertheless it would be a sign of peoples power. But they dont do it! Why?

Well, I think the answer is easy: There is no BTC Exchange in Greece. Only a few Bitcoin Atms...
+most people know nothing about Bitcoin.
ImI
legendary
Activity: 1946
Merit: 1019

Horrific news for the Greek public. Banks closed until mid August so that 60 euro a day withdrawal limit will stay in place then. It must be a nightmare, absolute nightmare. Imagine not being able to get access to YOUR money.

I suppose the financially clued up people would have seen this coming months ago & acted as necessary.

What i dont get: The greeks are still able to send money from Greece to Greece. So why they dont send money to BTC-exchanges and use BTC to get a grip to their funds?

I mean i here nothing about that. Obv Tsipras would immediately forbid BTC in Greece, nevertheless it would be a sign of peoples power. But they dont do it! Why?
legendary
Activity: 889
Merit: 1013
Trouble is once you deposit money in a bank it is no longer your money. All you own is some bank IOUs.

Lesson. Only ever put money into a bank you can afford to lose.
wise words indeed.
legendary
Activity: 1652
Merit: 1016
Imagine not being able to get access to YOUR money.

Trouble is once you deposit money in a bank it is no longer your money. All you own is some bank IOUs.

Lesson. Only ever put money into a bank you can afford to lose.

legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino

Horrific news for the Greek public. Banks closed until mid August so that 60 euro a day withdrawal limit will stay in place then. It must be a nightmare, absolute nightmare. Imagine not being able to get access to YOUR money.

I suppose the financially clued up people would have seen this coming months ago & acted as necessary.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas

We all need to work toward being able to drop our banks. Just chip away at those last few things that you're stuck using banks for until you can drop them completely.

I am a month away from not using my bank ever again. I will wait until the end of year just to be sure, then drop it.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Some bearish news: http://arstechnica.com/security/2015/07/dozens-arrested-in-international-crackdown-on-darkode-crime-forum/
It is possible the feds will have more bitcoins to auction during the next year.

As time goes on and people protect their keys better it is unlikely that the feds will have many more auctions.
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