Best option for you would probably greece buy greece. Sorry Greeks, I'm an asshole. Locally, MyCelium local trader, Albania and Local Bitcoins tend to have a number of local sellers around. Euros in Greece are effectively second-class bitcoins. Greece imposing capital controls, SEPA is actually very good as far as international transfers go. Each offers unique payment methods, bitcoins can use the sidebar search to narrow down by payment methods such albania cash, debit, credit, many credit unions and more.
With Bitcoin, you can be your own bank. Chaos and disorder is imminently expected and, as usual, some vultures such e. Over the weekend, the Polish exchange Bitcurex got flooded with emails from Greeks. Bitcoin is a little more stable than all this. He had been working there hoping to secure a better life for his family back home, but the crisis in the neighbouring country ruined his dreams. Quick reminder that Coinbase is available in Greece https: How can you buy a pack of rice or water with Bitcoin?
What category of decentralized applications are you most interested in? Investing in cryptocurrency is risky, but albania is any other investment in the world today. Bitcoins the application side of bitcoins, reddit is far more complicated albania use than bitcoin. If you have ideas for the remaining BTC, see here for more greece. If I'm perfectly bitcoins one of the reasons I decided to have a punt on Bitcoin this year was in the hope that Grexit became real and it pumped the price enough for greece to make some money. Now interested in Bitcoin? AroundAlbanian families, who survive on foreign remittances, greece hard hit not only by the crisis in Greece albania the economic stagnation in Italy.
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The Bank of Greece issued a brief statement on 11th February warning citizens of the potential risks associated with virtual currencies, such as bitcoin. In particular, the bank cautioned that investors should be mindful that losses related to changes in the price of virtual currencies are not protected. The announcement comes after a string of similar remarks from other European central banks, such as the Central Bank of Lithuania and the Central Bank of Cyprus , which both issued statements to raise awareness of the potential risks of virtual currencies in the last week.
The Bank of Greece did respond to requests for comment, but declined to elaborate on the timing of the release. Greek bitcoin users have suggested that bitcoin has yet to garner mainstream media attention in the country, and that awareness remains low as a result — although some businesses in major metropolitan areas are beginning to accept payments in BTC.
Computer scientist and bitcoin enthusiast George Zervos described the current state of the ecosystem to CoinDesk:. Personally I think not much has changed since this warning. The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Have breaking news or a story tip to send to our journalists?
Contact us at news coindesk. Europe Greece Bank of Greece. Jan 23, at Japan-based bitcoin exchange bitFlyer has opened a new EU branch after receiving regulatory approval in Luxembourg. Dec 14, at A Greek court has given the green light for the U.
Eva Kaili argues regulations need more imaginative approaches to blockchain. Nov 21, at What category of decentralized applications are you most interested in? I would like to receive the following emails: Blockchain — What is bitcoin? I hope they adopt bitcoin, and I know those that do will prosper as a result. But if not a single Greek person adopts Bitcoin, that's okay with me too because I know this situation--where governments maneuver themselves into a financial clusterfuck and then fuck over their own citizens with capital controls as just one instance of a series of infinitely repeating events that will necessarily occur whenever you have a centrally controlled currency.
I suppose CNN feels the same way because they just love Bitcoin: Meet with this guy: The only way i know is Coinbase https: Greece has instituted capital controls, that's what's wrong. SEPA may not work at all from here on in, if it does, it'll only be in limited quantities.
Quick reminder that Coinbase is available in Greece https: This message was created by a bot. I am Available in Giorgiopouli in Creete if help is needed. Ad is already on mycelium. I am adding it on lbc. This thread has been linked from the Guardian. Greece imposing capital controls, SEPA is actually very good as far as international transfers go.
Overseas transfers of cash prohibited, except for vital, pre-approved commercial transactions. On the application side of things, reddit is far more complicated to use than bitcoin. Keeping track of whom is replying to who, learning all the memes, understanding the voting process and how to make sure your comments don't get instantly buried, and the general and technical formatting of posts can actually be quite daunting.
On the other end of the spectrum, you sign up for localbitcoins. Spending the coins is a matter downloading a smart phone app. None of these things are complicated at all to the average person in today's world. The thing people get so confused about is that bitcoin is money which has absolutely no true physical form of any kind, and this is something that they really shouldn't think about.
This is the point, Greece has announced a week long closure of banks to prevent people from withdrawing their money and bankrupting the banks. If Greece defaults on its loans, which could be this week, they will be forced to exit the eurozone go back to drachmas - hence converting all euros in Greek banks to the drachma which would immediately devalue against the euro and therefore any savings in Greek banks will be worth less than they are now in the imminent future.
Bitcoin is a little more stable than all this. I don't get it though. So they can't buy bitcoins. If they could use their Euros, why not buy US dollars instead of bitcoins, which would be more stable?
So Bitcoiners are creating fake Greek profiles now to pump the price? This is just too much. Local Bitcoins won't work because most people want Cash for the Bitcoins. But with Greece closing its banks over the weekend, he has no way to convert his bank holdings into cash to buy bitcoin.
If he does already have cash euros , then he should keep them as it is infinitely safer than Bitcoins at the moment, and I'm sure Greeks need all the savings they can get for the unknown immediate future.
If I lived in Greece I would sell you some Best option for you would probably be buy locally. In the Greece situation I would convert all my currency into another stable one asap.
Note I do not have any economic experience thats just what I would do. Question for the day. If the Euro is likely to drop in value, why would anyone sell their presumably valuable bitcoin for them. And if it's going to remain stable why bother with bitcoin. The Greek banks and the Greek stock exchange are closed as of today. Our Greek friends can no longer get at their money, if they still kept it in a Greek bank account.
It's Cyprus all over again. It's already too late. Capital controls are in effect. No withdrawals above 60EUR are possible. You might find http: Below a volume 2. But is this actually a viable option? How can you buy a pack of rice or water with Bitcoin?
The only concern I would have is this. Out of the box option here. If you can still use your credit card, use a service like Purse. Customers can use any of the following payment systems: Instead of trying to convert your precious Euros cash ones, not the ones in the bank, they are useless now to BTC, maybe you can try to sell some goods for BTC?
I for one would be willing to buy some nice olive oil preferably organic for BTC. Or is shipping goods abroad prohibited too? How to Fight Capital Controls in Greece http: Care to cite an example? For months or more people have been suggesting Greeks hedge their bets. Now the predicted capital controls are rolling out. Seems more like I-told-you-so-ness, and rightly so. Feel free to contact him. He has paypal offer now, but he can enable SEPA again or you could even arrange a meeting with him.
Just open up a trade with him and you will be in live chat with him. Anyone on the ripple network with a path to kraken including at least one greek user that I'm aware of should be able to route to them. This post is such bullshit. I wish I had hundreds of other accounts so I could down vote it to oblivion. Instead I'm sure my comment will have that fate. Here's 51 alternatives - http: Each offers unique payment methods, you can use the sidebar search to narrow down by payment methods such as cash, debit, credit, many credit unions and more.
Be weary using Paypal at anytime for BTC purchaases as users can reverse transactions relatively easy. Locally, MyCelium local trader, Paxful and Local Bitcoins tend to have a number of local sellers around. These are preferred for not only buying with cash, but understanding who your are buying from.
Local Bitcoins has escrow, and a number of options for transactions. Always remember to do a few google searches about proper security measures. Cold storage, password protection and 2FA are a few ways to secure your coins. Keep in mind when you own a Bitcoin wallet's private keys, it is you that is in charge of your currency.
Start by downloading a wallet on the device you like to use and try to keep your funds in your personal wallet. Bitcoin exchanges have their own security measures and sometimes are situated in places that don't require much regulation.
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Become a Redditor and subscribe to one of thousands of communities. Want to add to the discussion? Sorry to hijack your post metallaxis, good luck getting rid of the euros you're accepting. This is the problem. EUR cash is better for in-person transactions due to universal acceptance. There is no harm to it, and some might find it useful. This isn't about holding bags. The lack of a guarantee was only part of my point, but I will address it.
Is it possible a large adoption would raise the price? Maybe even highly likely. There are very few guarantees in life. That is why I used that word. Of course it would?
Don't we have higher adoption than when BTC was at much higher prices? Like free voluntary trade it benefits both parties. I am leaving tomorrow if planes are not grounded. Set up a tourist agency or export products for Bitcoin. Why is SEPA annoying?