BREXIT. What will happen to Bitcoin if Britain leave/ stay in EU?

[rjclarke2000]

Will this affect the price?

Will other countries leave if Britain leaves?

Are other countries in more difficulty than they make out?

Whatever decision is made will Bitcoin even notice?

Speculate away........

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[randy8777]

people will just lose more faith in fiat money than every before. i think that smart people will look for an alternative such as bitcoin to store their money away to protect their wealth. people are sick and tired of all this nonsense. whatever is happening, it's always the people that get to suffer. why waiting while you can put your fiat into bitcoin right now? don't waste more time and start doing it now!!

[poptok1]

Will this affect the price?

I dont think so. If Yes, only UP. but so, so slightly.

Will other countries leave if Britain leaves?

Most likely, not at once and all together but one by one EU will crush under its own weight.

Whatever decision is made will Bitcoin even notice?

 
One country wont give that much market jump, but two or three for sure, more people would be willing
to diversify their savings in case of something bad.

[Pab]

If will be Brexit it will cause economic poblems in EU countries and chaos in financial world
already most of investors dont trust central banks,brexit could give the reason to sell off on markets

[gentlemand]

people will just lose more faith in fiat money than every before.

Um, why? The prime reasons people are thinking 'out' are immigration and sovereignty. I don't think the nature of money has popped up once.

Though there's lots of noise about it, I don't think it'll happen.

[alyssa85]

It depends on whether Brexit destabalises the world economy - if it does, both gold and bitcoin will rise. If it doesn't the pound may drop a little against the dollar and euro, but not much else will happen.

[TemplarKnightUK]

people will just lose more faith in fiat money than every before.

Um, why? The prime reasons people are thinking 'out' are immigration and sovereignty. I don't think the nature of money has popped up once.

Though there's lots of noise about it, I don't think it'll happen.

The prime reasons people want to leave also include EU bureaucracy and trading restrictions, alongside Mission Creep.

The nature of money needn't crop up; it will be debated when the British economy falters after leaving. A credit crisis and subsequent loss of deposits will definitely convince an intelligent nation into some safe alternative, which is BTC, and we do have a lot of capital to bring (consider the effect of smaller economies such as Venezuela and Greece). A faltering economy also impairs the public finances, pushing a country deeper into public debt, which is alleviated either by printing fiat (showing the benefit of a deflationary currency), deposit seizure (same effects as above) or default. The former two would increase the price of BTC; the latter (and the most unlikely) should be neutral.

[Denker]

Not sure, if the Brexit should happen, we will see any movements in the Bitcoin price.
The EU will perish either way, and then we will definitely see an increase of Bitcoin's value.

[DeathProxyX]

BREXIT is only a good opportunity for trades to make huge profit. No other effect.

*Want high Profit from trading? Ask me how!

[randy8777]

people will just lose more faith in fiat money than every before.

Um, why? The prime reasons people are thinking 'out' are immigration and sovereignty. I don't think the nature of money has popped up once.

Though there's lots of noise about it, I don't think it'll happen.

smart people think beyond what the average person sees as a valid reason to vote for "out". the impact on the entire european economy will be even worse than what "experts" haven been saying. the impact on the gbp will be severe as it will receive some heavy beatings. the value of fiat in general is only decreasing. add a brexit on top of that and look what will happen.

[afbitcoins]

British pound is experiencing high volitility due to the uncertainty of Brexit. I don't think anyone even knows the fallout will be. Central planners may try to make an example of Britain if it leaves. I expect Gold, silver and bitcoin will all see their value rise as safe haven way of protecting wealth though. Similar to how Cyprus bail-ins also encouraged more to.


Btw if you are british I really hope you.

Vote Leave

This is a time to dent the globalist plans.

[helloeverybody]

I doubt that brexit will have any affect on bitcoin, i also think any effect it will have on the pound will be minimal as well. all in all the brexit will have 0-no effect.

[MatTheCat]

I doubt that brexit will have any affect on bitcoin, i also think any effect it will have on the pound will be minimal as well. all in all the brexit will have 0-no effect.

It will have an effect on most markets, just because things like that do. The very fact, that traders across the world believe in certain financial effects of a Brexit, will ensure that it has some kind of effect.

On the day of the Brexit result, best thing for a trader to do, is just take all bets off the table...especially small time Joes trading Forex.

[gentlemand]

smart people think beyond what the average person sees as a valid reason to vote for "out".

How many smart people will be voting? It's irrelevant if they're outweighed by the majority who haven't bothered to truly think it through and I think it's safe to say that very few have.

[rjclarke2000]

smart people think beyond what the average person sees as a valid reason to vote for "out".

How many smart people will be voting? It's irrelevant if they're outweighed by the majority who haven't bothered to truly think it through and I think it's safe to say that very few have.

My heart says leave and my head says I don't know. It's tricky when 2 so called experts in economics etc have opposing views.

Yes I am British.

[TemplarKnightUK]

I doubt that brexit will have any affect on bitcoin, i also think any effect it will have on the pound will be minimal as well. all in all the brexit will have 0-no effect.

It will have an effect on most markets, just because things like that do. The very fact, that traders across the world believe in certain financial effects of a Brexit, will ensure that it has some kind of effect.

On the day of the Brexit result, best thing for a trader to do, is just take all bets off the table...especially small time Joes trading Forex.

Au contraire: many hedge funds have contracted out private polling firms so they can decide which way to bet. There was an FT article on it a while ago.

Nevertheless, the immediate effect on BTC will be small: both Britain (within or without the EU) and Europe are crypto-friendly places.

[criptix]

smart people think beyond what the average person sees as a valid reason to vote for "out".

How many smart people will be voting? It's irrelevant if they're outweighed by the majority who haven't bothered to truly think it through and I think it's safe to say that very few have.

Arent we talking about 80+% of the UK population voting?
Though it seemed that a lot of people would be going to vote this time.

[manselr]

I don't think UK will have the balls to leave Europe, the media will scare them once again about how leaving EU is a disaster.

If it happens get ready for $1000+ BTC easy tho.

[randy8777]

smart people think beyond what the average person sees as a valid reason to vote for "out".

How many smart people will be voting? It's irrelevant if they're outweighed by the majority who haven't bothered to truly think it through and I think it's safe to say that very few have.

with smart people i am mainly referring to wealthy people who are looking for a way to put their money into something that isn't going to make their wealth decrease due to this what i see as nonsense drama. wouldn't you choose to secure a part of your wealth just in case this brexit nonsense makes the economy sink even deeper? i would.

[alani123]

The UK is the world capital when it comes to FinTech. £6.6 billion of revenue and 60k employees in the Fintech Sector in 2015. The landscape for FinTech could be shaken in the event of a brexit. Even experts are uncertain as to what could happen to UK businesses, it's not safe to make assumptions for bitcoin based on just that. Not to worry though, even if Britons vote to leave, it's not going to happen in an instant.