Why don't more people discuss that Cyprus was announced on March 17th when BTC was at $50. This was when the insane push up happened. People in Spain and Cyprus were moving money in BTC because they were freaking out.
Not true at all. I live in Spain and I have to tell you no one even knows here the BTC. The people didn't run into BTC as you suppose. From my point of view, the average spaniard would go into gold I don't think they are open minded enough to go into BTC. Any way, protecting your savings buying BTC looks like a really bad idea.. it's so experimental at this point.
By the way, Spain havent suffered any bail-in yet.