Please MODS don't slip this away into the dark zone of the speculation thread.

I believe people thinking a banking collapse in Greece is fuelling a rally is purely psychological. The price is being bid up simply on the idea that it should be bid up.


Reason being, just like Cyprus the price of a Bitcoin didn't raise then cause Crypriots were rushing to Bitcoin. The fact is this, Greeks HAVE NOT LOST FAITH IN FIAT ONE LITTLE BIT. THEY ARE WORRIED ABOUT POLITICS AND BANKS! NO ONE THINKS THE EURO ITSELF HAS ANY RISKS! IF WE DID THE THE BANK RUNS WOULD BE ALL OVER EUROPE. ITS A BOGUS NARRATIVE AMONG BITCOINERS.