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Quote from: adamstgBit on June 30, 2015, 07:15:05 PM

if there is some a big move into bitcoin in greece, say this time next year 10% of greek pop uses bitcoin and its accepted everywhere in greece we could very well see 32,000$ in less than 2 years. 10% of greece's pop is ~1 million poeple, assuming these 1million poeple hodl a 500$ balances in bitcoin we're looking at half a billion dollars pumped into bitcoin, but it won't stop there, having a real world economy use bitcoin is going to improve investor confidence, and i could easily see 10-20billion get pumped into bitcoin as a result, but it won't stop there, economies will crash around the world one by one, and seeing how greeks all got rich off of using bitcoin, they will all want to do the same thing, the decentralization of world domination is well under way! but it won't stop there aliens will come down from the heavens and buy bitcoin.

Is it that easy ?

I think coins will leak in via tourists.

Could be, but what I was asking about is, will banksters and all the current people who benefits from the current centralized finical ecosystem, will they let the revolution take place with that ease ?

Why would you ask them for permission?

Actually it's not permission, but the language of power/force is the one which will take place.

Will these people lose their power and ultra-mega-profits they make from the current system that easily ?

Their power will diminish.

I agree, but how and when ?

It's not easy as Adam and others think.

Changing chairs and places were never easy and will never "be".

Just have coins.

You want me to keep buying and HODLing you mean ?

Why not? Buy when you please, sell when you please, but holding some supports the value.

Bitcoin is useful now for some people for some types of trade. Since the penetration is so low, that means there are other people out there with the same kind of needs, so bitcoin will expand. When bitcoin expands, its liquidity increases, which means that new types of needs can be met. It is a chain reaction.

Just hold some coins, wait. It does not hurt to tell people, but it is not necessary. Those who make good use of bitcoin will tell their friends.

Brother,

You are not getting me yet.

I'm permabull and investor as you can see in my PM as well as accumulator.

Imagine you are in a position where you have power and making a shit load of money, not only you, you and your gang (no offense).

Will you allow "decentralized" system to take your position that easily ?

It's mafia brother, it's not that piece of cake.

I can imagine being in a position in power. What I think they think is that they don't quite understand why people ask for help from the government, because they know that they can not give to people anything they have not already taken from them. So they are somewhat confused, but then happy to provide and at the same time shave off a fraction from that "help". They are satisfied with the feeling of power, the respect they get, and the money. To the people, it looks like they pay only taxes, they don't see the burden laid upon them through money printing and galloping government debt. Of couse they want to protect that, and try to hold bitcoin down. But what can they do?

Actually, a lot

Something like this

http://rt.com/business/271018-indonesia-bans-foreign-currencies/