When bitcoin crashed from $750 to $650 bitfinex was offline for that entire time and people got hosed. Be careful.

Main European indices 2 days after Brexit:

Broadly agree - however because of the blocksize debate, there has been a trend for some exchanges to offer alt/fiat pairs. For example you can buy LTC and Ether with fiat on Kraken. If that spreads, then one prop for bitcoin gets removed.

I voted for Italy.

Their economy has literally not grown since 1999 when they joined the euro. They have elections next year and the Five Star Movement which aims to take them out of the EU and euro looks to win. (Five star won the majorship of Rome recently).

The EU is basically just not working for Italy and they need to jump ship to survive, or resign themselves to dying within the EU. They still have some life in them, so i predict they will jump.

Actually, according to the New York Times, last month Britain exported the biggest tonnage of wheat to the USA in twenty years - all thanks to the pound falling as the Leave side moved ahead in the polls. That should improve even more this month.

I personally know of a business that exports healthcare software to the Caribbean that is over the moon at the pound falling - the Caribbean dollar is pegged to the USD and when they buy British stuff it converts back to 8% more sterling. If your costs are in sterling but earnings are in dollars or anything pegged to dollars, this is a windfall.

She hasn't got the legal authority, Holyrood is a sort of glorified county council - and all her posturings in the last couple of days have been about delusions of grandeur (nothing new, she pays herself more than the Prime Minister for looking after fixed spending for the 5 million Scots, whereas the PM looks after 65 million people with responsibility for tax, defence and foreign policy).

Brussels has already told her that they won't negotiate with her, and only if and when Scotland is independent will they talk to her. She doesn't want to call a referendum though because the majority of Scots say they don't want one, they want to wait to see how Brexit actually pans out before making a decision.

Marketing has played a huge part in Ether's rise and it's "apparent" stability. Just before the DAO got launched every one who had ever posted on the r/bitcoin and r/bitcoinmarkets got spammed with personal messages about Ether.

It was effective in that that's how I first found out about Ether and DAO - through spam! So while people were annoyed at the spamming, and deleted the messages, it was effective in that it drew their attention to something they hadn't heard of before.

As for the price now - it's down to teh sunk cost fallacy. People are holding on to their coins for the same reason those who bought BTC in 2014 for $1000 are holding. They don't want to crystallise a loss.

He was jesting, because the European Economic Area already exists (and Norway and Iceland are members). The problem with the EEA is that at the moment it gets bullied by the EU - of course if big members joined the EEA, the balance of power would then shift.

It is to do with customer choice. Coinbase has an interface between bitcoin and the banking system - they've now created one between bitcoin and paypal.

Of course if you could simply pay for everything with bitcoin, you wouldn't need these interfaces - but we can't, the blocks are full, and we need these offchain intermediaries for it all to work.

Interesting that Paypal is only for bitcoin sells - they are cleverly limiting their risks (people won't be able to try the paypal buyer-dispute scam on them).

This. People voted rationally - they weighed what we were putting in, and what we got out and made a sensible decision. BTW the Dutch are in a similar position - they are pouring money into the EU and getting very little out - I wouldn't be surprised if they decided they want out too.

This this this.

The EU is dying - started dying when Merkel took over Germany in 2005 and started throwing her weight around.

It is a matter of time before it disintegrates, and the UK was smart to get out before it all tumbles down.

This is looking like the period prior to the Litecoin halvening - a massive pump, and some people took profits, halting the pump. Once the momentum was gone, literally nothing happened when the halvening took place.

There was an opinion poll out yesterday which showed Leave voters were happy with their decision. All adult voters in Britain know what the EU is because we've been literally arguing about it for forty years, constantly. It has been in every newspaper, every day, for forty years.

The people who might not know are the kids in school on Friday doing assignments on the exciting developments unfolding, and some of our non-EU migrant workers who were probably wondering how it all affected them.

I get that some Europeans are terrified that the UK has lit a fire under them, but this decision is final. Britain is fed-up to the back teeth of the EU. The EU is also wrong for our economy - we specialise in financial services, but they've been refusing to allow a single market in financial services for 40 years, mainly because they fear British companies will crowd out local firms. So we lose nothing from extricating ourselves from the corpse that is the EU. Getting out now before the rotting corpse explodes and spews stink everywhere is the smart thing to do.

I expect there will be lots of ups and down to come. Markets are nervous nellies and love a bit of drama.

We've been through worse in the past. You should have seen the markets during WW2, WW1, and during the Black Death. And don't get me started on the Great Fire of London, the Reformation and War with the Spanish Armada. Roiled the markets, all of them! 

I would say those are under 18's who were doing assignments on it in school on Friday.

You guys know that kids use Google too, right?

Yup. Especially as most of the european countries are underfunding their defence budgets and begging the UK to send troops to defend against the wicked Russians.

No-one has sided with Spain over Gibraltar for over 300 years...

I don't think anyone English will give a toss if it Scots leave. They have a budget deficit of 10% of GDP and the English taxpayer has to plug the gap.

However for that very reason the Scots are unlikely to leave - it is not as though the EU will give them money to plug their budget gaps.

Same goes for Northern ireland. 26% of NI's GDP is made up of public spending by the English. Again England would cheer if they left, but that is the very reason they won't leave.

And so the UK soldiers on for another 300 years.