Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
turtoro
on 14/01/2015, 22:09:07 UTC

Yes but what does this have to do with Bitcoin. I seriously hope you don't believe that these people then would move to Bitcoin or something.

The question was merely what would be the most bullish for Bitcoin. I believe the collapse of the Greek economy would most definitely be that. I would expect some to move (some of) their money to Bitcoin but the majority movement would be speculators as it was with Cyprus.

I never seen any evidence that Cyprus was the reason for Bitcoin to go up even 1 dollar.
And nobody in Greece is stupid enough to put their money in a highly volatile hard to use currency that has been going down for a year.

Anybody who ever has, or is saying that Cyprus was the cause for the April run up, feel free disregard their opinions in the future and/or laugh in their face.

Ill elaborate if anyone needs an explanation.

Tldr though; its complete bullshit