Quote from: Semosuchi Tesongrato on November 04, 2018, 10:23:16 PM

The Italian "crisis" is only an electoral maneuver. They will do a bit of theater, a bit of skirmish, then you can be sure that the rulers will obey the wishes of Europe.

best take i've seen all day.

Quote from: hatshepsut93 on November 04, 2018, 11:51:13 PM

If I remember correctly, Bitcoin received a small boost during the events with Greece, but Bitcoin was also very small compared to where it is now.

did it, or is this just selective memory? greece received bailout loans in 2010, 2012, and 2015. bitcoin had been in a long term bull market this whole time. is it really appropriate to link the events?

Quote from: hatshepsut93 on November 04, 2018, 11:51:13 PM

Bitcoin doesn't correlate much with any economic problems in the world, despite people telling that it's a safe haven asset.

agreed. if anything, it seems to broadly correlate with the stock market, which indicates to me that the bitcoin markets might operate along similar "risk on/risk off" cycles we see in equities. that would mean quite the opposite of a safe haven asset.