Written by Colin Kwan, COO of Magnr/BTC.sx. Colin has over 10 years experience in investment banking, including senior management roles at UBS and Deutsche Bank. Colin also holds an MBA from the Australian Graduate School of Management. Setting the Scene At the time of writing, the Greece debt crisis appears to have been averted, or at the least delayed. A €50 billion bailout package has been offered, if the Greek parliament agrees to implement extensive reforms that have been demanded by the eurozone. Although the risk of a Grexit has been reduced, it has not been eliminated. If the parliament …

Bitcoin prices are on the move upward. Bitcoin volume trading is on the move upward. Greece is on the move downward to a total collapse. Coincidence? I think not. Why? This has all happened once before, over two years ago and maybe we can all learn from the experience, especially all the day traders and speculators out there. Lessons from Cyprus So let’s take a look at where we’ve been as far as bitcoin price and where we may end up going in the near future. Let’s all be bitcoin speculators, in a week where the Greeks have an entire …

The never ending tragedy known as the Eurozone is flirting with disaster and the unknown consequences of what would happen if Greece is ejected by brute force or leaves by sheer will from the EU. Interestingly enough, the first Bitcoin ATM has arrived in Athens just in time. 4 options The clear lesson being learned is the recipe of political and social integration before economic integration makes a terrible meal. A lot of noise and overcomplicated explanations have been put forth as to what will happen. In reality, there are four options left as to how this can play out: …