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I use to watch the price of bitcoin and gold to judge the impact level of such news on the world's economy: https://markets.blockchain.info/ https://markets.bl
by gesman 11y ago
I use to watch the price of bitcoin and gold to judge the impact level of such news on the world's economy:
https://markets.blockchain.info/ https://markets.blockchain.info/
Apparently not that of a big deal.
- aqme28 11y agoBitcoin is not super affected because people are fleeing to the Euro.
- eastbayjake 11y agoThere was a spike in Bitcoin prices when Cyprus, another EU member state, imposed capital controls during a potential default and driving Bitcoin prices up 400%. Greece is following almost the exact same path, limiting bank withdrawals to €60 per day.
- chinathrow 11y agoHow would you transfer money into a bitcoin wallet when the withdrawals are that limited?
- eastbayjake 11y agoIt's very hard -- there's only one Bitcoin ATM in all of Greece and six businesses to spend it at -- but Bitcoin exchanges are reporting huge spikes in Greek usage: http://money.cnn.com/2015/06/29/technology/greece-bitcoin/ http://money.cnn.com/2015/06/29/technology/greece-bitcoin/
- jorisvh 11y agoAlso maybe the move was anticipated.
- gesman 11y agoThat's my take too and all risks were already estimated and priced in. Unfortunately that does not takes into account the risks to well being for the people of Greece.
- brobinson 11y agoThe movements happened about 24 hours ago as far, as far as I can tell. http://i.imgur.com/11Zt5xf.png http://i.imgur.com/11Zt5xf.png