May see a big spike in days to come if Greece exsits the Euro and thats starting to look likely.If that happened investors would head for the Swiss Franc as a safe haven perhaps forcing Switzerland to impose currency controls.....enter Bitcoin
Doubt it. Bitcoin is becoming less and less significant (was it ever anything other than an ultra-volatile speculation?) as the days go by.
Bitcoin's market cap was never more than $13bn. It's struggling to stay above $3bn at the moment.
So, I think you severely overestimate Bitcoin's importance and/or influence.
The Greece leaving the Euro scenario that you talk about has already been priced in to the markets (i.e. gold, Swiss Franc, GBP, oil, etc.) Bitcoin? Are you mad?
Excuse me, but how do you conclude into such a verdict? Gold/Oil/GBP entangled with an economy which it's debt is a 1.3% fraction of the total EU GDP? I'm sorry to spoil it, but it's not so.
That's right. Bitcoin is the answer.
It didn't really work out, did it?
You are a gullible fool if you think the Greeks are going to start using Bitcoin.
Bitcoin is less volatile than Greek debt... and has a way bigger upside. It wouldn't be the worst thing they could do.
So you agree the Cyprus experiment with Bitcoin didn't really work out?
Viva la revolución so