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Topic: Why BitCoin is about to explode again - page 3. (Read 6547 times)

hero member
Activity: 546
Merit: 501
June 12, 2013, 12:36:06 PM
#17
Read up on fascist and communist governments there is plenty they can do to squash the idea and the people, especially with all the anti-gun idiots, who needs guns, we will defend against a fascist military force with bow and arrows.

When enough people get killed and murdered you won't hear much about said ideas, everyone will conform out of fear, I like your optimism but things are not going to get better when 99% of the people won't join in.

they cant suppress people forever. they failed to do this when there was no internet or phones. now people can communicate and coordinate actions which lessens advantage governments have over us. Also we always will be in bigger numbers and even police or army can join us too. They are also people who might not like new order even if it pays them.
member
Activity: 112
Merit: 10
June 12, 2013, 12:29:53 PM
#16
Read up on fascist and communist governments there is plenty they can do to squash the idea and the people, especially with all the anti-gun idiots, who needs guns, we will defend against a fascist military force with bow and arrows.

When enough people get killed and murdered you won't hear much about said ideas, everyone will conform out of fear, I like your optimism but things are not going to get better when 99% of the people won't join in.
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
June 12, 2013, 12:22:52 PM
#15
Here is another fresh reason we may see Bitcoin start a massive push again soon


http://finance.yahoo.com/news/japan-adopt-bail-ins-force-181947896.html

Japan is close to pulling a Cyprus and just stealing their "bail-in" money from account holders.

Cyprus is not the technical mecca that Japan is, can you imagine how fast Bitcoin could spread through that country?


Or Argentina where inflation is eating the Peso alive

Or Greece who is on the brink of government and social collapse

Or Slovenia needing a bailout soon problably

Or the PMI in the Eurozone showing massive contraction across the board against already fragile governments and financial systems

Or China who's massive overbuilding is beginning to contract, leading to a tank of the Yuan

Or America and its continued economic pumping at the hands of Bernake and the Bankster Squad, which is just being drained into the world's biggest casino (aka Wall Street) where it is gambled away recklessly, many predicting a massive stock market crash within the next 6 months

Or...

The whole world is in trouble. Massive, inescapable trouble.

Buckle in, this planet is about to get weird


Bitcoin may be the only direction to go as the old economic system begins to burn down around us.



It is the only way to go, then they will reset all the worlds debts, introduce a digital coin or modify Bitcoin to where it's centralized, get rid of physical cash, and chip your butthole into the new world order.

They can introduce whatever centralized garbage they want, they can't force anyone to use it. Moving to Bitcoin will erase the old debt on its own as that fractional reserve debt cannot translate into the Bitcoin economy.

The Globalists don't know who they are screwing with. We all own the Internet. We all own Bitcoin. We all own BitTorrent. We all are the new paradigm of open and free technology to solve our problems without a profit incentive, and open and accountable government system. In a sense Bitcoin is the first shot fired in a global Neo Civil War. Moving to our own money system should make it pretty clear we're done with the United Corporations of America and NWO banker globalist pigs.

I think we'll see Bitcoin's true power soon enough as it begins to reclaim the scorched areas of the economy and gives it back to the common people. There is nothing they can do to stop it, nothing they can do to kill the idea.

Should be a fun year Grin

member
Activity: 112
Merit: 10
June 12, 2013, 12:16:18 PM
#14

It is the only way to go, then they will reset all the worlds debts, introduce a digital coin or modify Bitcoin to where it's centralized, get rid of physical cash, and chip your butthole into the new world order.

This they that you speak of, is it the same they who are responsible for the current problems?

Something tells me that isn't going to go over real well...

same they, the crash might have already started Japan nikkei is having wild 600 point intraday swings. The Nikkei has always been volatile but this is still ridiculously volatile. Other world markets are in confirmed downtrends some are in bear markets, Greece and Japan, now it's the US turn to follow. If we don't get another massive QE pump the collapse may have already started, before year end.
legendary
Activity: 1442
Merit: 1000
Antifragile
June 12, 2013, 11:47:38 AM
#13

It is the only way to go, then they will reset all the worlds debts, introduce a digital coin or modify Bitcoin to where it's centralized, get rid of physical cash, and chip your butthole into the new world order.

This they that you speak of, is it the same they who are responsible for the current problems?

Something tells me that isn't going to go over real well...
legendary
Activity: 1442
Merit: 1000
Antifragile
June 12, 2013, 11:46:12 AM
#12
Here is another fresh reason we may see Bitcoin start a massive push again soon


http://finance.yahoo.com/news/japan-adopt-bail-ins-force-181947896.html

Japan is close to pulling a Cyprus and just stealing their "bail-in" money from account holders.

Cyprus is not the technical mecca that Japan is, can you imagine how fast Bitcoin could spread through that country?


Or Argentina where inflation is eating the Peso alive

Or Greece who is on the brink of government and social collapse

Or Slovenia needing a bailout soon problably

Or the PMI in the Eurozone showing massive contraction across the board against already fragile governments and financial systems

Or China who's massive overbuilding is beginning to contract, leading to a tank of the Yuan

Or America and its continued economic pumping at the hands of Bernake and the Bankster Squad, which is just being drained into the world's biggest casino (aka Wall Street) where it is gambled away recklessly, many predicting a massive stock market crash within the next 6 months

Or...

The whole world is in trouble. Massive, inescapable trouble.

Buckle in, this planet is about to get weird


Bitcoin may be the only direction to go as the old economic system begins to burn down around us.



Well, if you put it like that... Wink

Very dangerous to be trading in and out of BTC. Not saying not to do it, but you got to be buy your computer just in case. (If you are sitting in cash or even if we take a drop down, volume looks bad.)
member
Activity: 112
Merit: 10
June 12, 2013, 11:28:55 AM
#11
Here is another fresh reason we may see Bitcoin start a massive push again soon


http://finance.yahoo.com/news/japan-adopt-bail-ins-force-181947896.html

Japan is close to pulling a Cyprus and just stealing their "bail-in" money from account holders.

Cyprus is not the technical mecca that Japan is, can you imagine how fast Bitcoin could spread through that country?


Or Argentina where inflation is eating the Peso alive

Or Greece who is on the brink of government and social collapse

Or Slovenia needing a bailout soon problably

Or the PMI in the Eurozone showing massive contraction across the board against already fragile governments and financial systems

Or China who's massive overbuilding is beginning to contract, leading to a tank of the Yuan

Or America and its continued economic pumping at the hands of Bernake and the Bankster Squad, which is just being drained into the world's biggest casino (aka Wall Street) where it is gambled away recklessly, many predicting a massive stock market crash within the next 6 months

Or...

The whole world is in trouble. Massive, inescapable trouble.

Buckle in, this planet is about to get weird


Bitcoin may be the only direction to go as the old economic system begins to burn down around us.



It is the only way to go, then they will reset all the worlds debts, introduce a digital coin or modify Bitcoin to where it's centralized, get rid of physical cash, and chip your butthole into the new world order.
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
June 12, 2013, 11:08:53 AM
#10
Here is another fresh reason we may see Bitcoin start a massive push again soon


http://finance.yahoo.com/news/japan-adopt-bail-ins-force-181947896.html

Japan is close to pulling a Cyprus and just stealing their "bail-in" money from account holders.

Cyprus is not the technical mecca that Japan is, can you imagine how fast Bitcoin could spread through that country?


Or Argentina where inflation is eating the Peso alive

Or Greece who is on the brink of government and social collapse

Or Slovenia needing a bailout soon problably

Or the PMI in the Eurozone showing massive contraction across the board against already fragile governments and financial systems

Or China who's massive overbuilding is beginning to contract, leading to a tank of the Yuan

Or America and its continued economic pumping at the hands of Bernake and the Bankster Squad, which is just being drained into the world's biggest casino (aka Wall Street) where it is gambled away recklessly, many predicting a massive stock market crash within the next 6 months

Or...

The whole world is in trouble. Massive, inescapable trouble.

Buckle in, this planet is about to get weird


Bitcoin may be the only direction to go as the old economic system begins to burn down around us.

full member
Activity: 196
Merit: 100
June 12, 2013, 11:01:09 AM
#9
Wait s sec
http://www.tradingeconomics.com/greece/inflation-cpi

I thought greek is short of moeny, not inflation

If they dont have money, why would they bother to buy bitcoin
member
Activity: 112
Merit: 10
June 12, 2013, 10:58:32 AM
#8
I agree with OP.
I can't think of a better way for the average Joe to realise how Bitcoin beats fiat than to get literally robbed by your bank, Cyprus-style.
We are bound to see more deposits and savings being seized in Greece, Spain, Portugal and Italy.
When that happens people will desperately seek ways of keeping their savings. Cyprus has only one milion inhabitants and the rumour of BTC being a possible alternative for its citizens got the price to skyrocket.
Spain and Italy have together almost 110 milion inhabitants. The consequences of 1% of the wealth of these two countrys going into BTC would be massive.

Longer term If the worlds governments don't shut down the internet, and right out attack Bitcoin which I'm pretty sure won't happen as you have some powerful people getting behind it, such as the Winklevoss Twins. The price can reach $1,000+ especially once the world's economy starts to go to utter crap again. We could see Gold price appreciation trajectory if not more.
member
Activity: 82
Merit: 10
June 12, 2013, 10:54:35 AM
#7
I agree with OP.
I can't think of a better way for the average Joe to realise how Bitcoin beats fiat than to get literally robbed by your bank, Cyprus-style.
We are bound to see more deposits and savings being seized in Greece, Spain, Portugal and Italy.
When that happens people will desperately seek ways of keeping their savings. Cyprus has only one milion inhabitants and the rumour of BTC being a possible alternative for its citizens got the price to skyrocket.
Spain and Italy have together almost 110 milion inhabitants. The consequences of 1% of the wealth of these two countries going into BTC would be massive.
member
Activity: 112
Merit: 10
June 12, 2013, 10:41:02 AM
#6
Not to mention within the next year due to the cheap bubble producing money, when it collapses the whole worlds economy worst than 2008, but that's a long term trend. I think this next correction in markets will get Bitcoin up to the $300-$500 dollar mark again, and create a new support level maybe around the $200 mark, just like $100 right now seems like heavy psychological support.
legendary
Activity: 2506
Merit: 1010
June 12, 2013, 10:31:14 AM
#4
Sources please?

Quote
The stock market traded at two-month lows after Greece became the first developed nation ever to be lowered to emerging market status by equity index provider MSCI.
- http://www.reuters.com/article/2013/06/12/us-greece-tv-idUSBRE95A0ZN20130612

The national Greek TV is going dark, though the journalists are offering to work for free using social media (including Youtube).  

Though none of that means Bitcoin will rise, it just means troubles around the world (yes, including Cyprus, Argentina -- like no more sending Western Union out, France -- like no currency sent through the mail, Thailand, India, and more) are not "fixed".  And Bitcoin is one of the options that remain for those looking to diversify their holdings or to transfer their money.
full member
Activity: 196
Merit: 100
June 12, 2013, 10:29:02 AM
#3
need to see some blood first
newbie
Activity: 28
Merit: 0
June 12, 2013, 10:19:26 AM
#2
Sources please?
member
Activity: 112
Merit: 10
June 12, 2013, 10:13:30 AM
#1
Last time when there was economic turmoil with Cyprus and Europe as a whole Bitcoin skyrocketed. Well ladies and gentleman we're back, with Greece in trouble again, expect this to lead to other negative headlines for other European countries.

With mainstreams media love fest with Bitcoin expect them to promote it as a safe heaven, leading to frenzied buying again.
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