You forgot:
- Cypress
- NZ
- Italy
All three countries are planning or attempting to plan to confiscate a percentage of their citizens' savings accounts. People in those countries are going to be fleeing the national currencies like a bat out of Hades, you just watch.
- Cypress
- NZ
- Italy
All three countries are planning or attempting to plan to confiscate a percentage of their citizens' savings accounts. People in those countries are going to be fleeing the national currencies like a bat out of Hades, you just watch.
You're out of your fucking mind if you think people who would be effected by that have any idea Bitcoin exists. This is a self fulfilling price, people have an idea of what Bitcoin is worth therefore they won't let it reach below a certain point. Bitcoin has little to no practical and no tangible value. There is no reason it should be at this price.
I'd imagine all Euro citizens are getting a bit nervous as well, wondering if their bank account balances are next. Any of them who already know about Bitcoin and have money on exchanges probably bought in yesterday. And more of them are most certainly going to hear about Bitcoin in the coming weeks as they look for alternative places to store their wealth, out of the reach of governments.
I hope you shorted Bitcoin hard.
