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Brexit/Bremain is upon us. Should I Buy BTC?
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Topic: Brexit/Bremain is upon us. Should I Buy BTC? (Read 1416 times)
doublemore
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Activity: 546
Merit: 500
Re: Brexit/Bremain is upon us. Should I Buy BTC?
June 24, 2016, 04:39:40 AM
#21
Quote from: doublemore on June 23, 2016, 03:34:51 PM
Quote from: Pab on June 23, 2016, 10:49:02 AM
Referendum Pools are showing 50/50 ,if there is noise that Britain will stay,than i will bet will leave
My opinion is wait a little and look what Chinise will do ,thay decide about price
The polls are likely rigged or not telling the full story, its nothing close to 50/50. Betting market does not lie.
Maybe i should have looked into what this brexit rubbish actually meant for me living in UK? haha i will just support crypto i think.
OMG sorry guys the betting market was wrong! haha are you guys seeing the value of GBP, i just lost tons in GBP but made gains in BTC so very happy. Looks like the market thinks britain will be weaker outside EU interesting.
Snorek
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Re: Brexit/Bremain is upon us. Should I Buy BTC?
June 24, 2016, 09:12:12 AM
#22
Quote from: doublemore on June 24, 2016, 04:39:40 AM
Quote from: doublemore on June 23, 2016, 03:34:51 PM
Quote from: Pab on June 23, 2016, 10:49:02 AM
Referendum Pools are showing 50/50 ,if there is noise that Britain will stay,than i will bet will leave
My opinion is wait a little and look what Chinise will do ,thay decide about price
The polls are likely rigged or not telling the full story, its nothing close to 50/50. Betting market does not lie.
Maybe i should have looked into what this brexit rubbish actually meant for me living in UK? haha i will just support crypto i think.
OMG sorry guys the betting market was wrong! haha are you guys seeing the value of GBP, i just lost tons in GBP but made gains in BTC so very happy. Looks like the market thinks britain will be weaker outside EU interesting.
It is only initial reaction. So it is expected to be a negative one. Britain was one of the top 3 EU most important member (along with Germany and France) so panic is understandable.
But I predict that it is only temporary. In a month situation on the financial market should be back to where it was before Brexit.
AlgoSwan
Sr. Member
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Merit: 250
ancap
Re: Brexit/Bremain is upon us. Should I Buy BTC?
June 24, 2016, 09:15:45 AM
#23
Quote from: pandalion98 on June 23, 2016, 05:34:49 AM
Lately, there's been speculation that the UK will, in fact, remain in the EEC. Because of that, BTC price is falling. It even hit $550.
Should I buy? Should
we
buy?
Consolidating markets are tricky. Just when you think you’ve got them figured out, you end up the wrong way on a big move and you feel like you’ve been betrayed by everything you know.
Looking to buy a verified betfair account with escrow.
bichha2010
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⇾
Re: Brexit/Bremain is upon us. Should I Buy BTC?
June 24, 2016, 09:17:54 AM
#24
Does the growing interest by the state in currencies like bitcoin create any spill over effect where that interest and investment could drag bitcoin down along with the pound and Euro?
●
KEEP CALM & HODL
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token
● ●●● ▬▬▬▬▬ ● ▬▬▬▬▬ ●
doublemore
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Activity: 546
Merit: 500
Re: Brexit/Bremain is upon us. Should I Buy BTC?
June 24, 2016, 03:01:00 PM
#25
Quote from: Snorek on June 24, 2016, 09:12:12 AM
Quote from: doublemore on June 24, 2016, 04:39:40 AM
Quote from: doublemore on June 23, 2016, 03:34:51 PM
Quote from: Pab on June 23, 2016, 10:49:02 AM
Referendum Pools are showing 50/50 ,if there is noise that Britain will stay,than i will bet will leave
My opinion is wait a little and look what Chinise will do ,thay decide about price
The polls are likely rigged or not telling the full story, its nothing close to 50/50. Betting market does not lie.
Maybe i should have looked into what this brexit rubbish actually meant for me living in UK? haha i will just support crypto i think.
OMG sorry guys the betting market was wrong! haha are you guys seeing the value of GBP, i just lost tons in GBP but made gains in BTC so very happy. Looks like the market thinks britain will be weaker outside EU interesting.
It is only initial reaction. So it is expected to be a negative one. Britain was one of the top 3 EU most important member (along with Germany and France) so panic is understandable.
But I predict that it is only temporary. In a month situation on the financial market should be back to where it was before Brexit.
I dont think this is the case for UK, the GBP will be messed up until we know exactly what happens in 2018. Housing market also will suffer most likely. Good news though, chaos means opportunity.
n691309
Legendary
Offline
Activity: 1526
Merit: 1001
Re: Brexit/Bremain is upon us. Should I Buy BTC?
June 24, 2016, 04:05:13 PM
#26
Quote from: pandalion98 on June 23, 2016, 05:34:49 AM
Lately, there's been speculation that the UK will, in fact, remain in the EEC. Because of that, BTC price is falling. It even hit $550.
Should I buy? Should
we
buy?
It has not been approved yet that UK will exit EU but until now i have read that the pound currency will have a lower value so bitcoin can be a great alternative but these days bitcoin price is not good and can go even more dumped.
tyz
Legendary
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Activity: 3360
Merit: 1533
Re: Brexit/Bremain is upon us. Should I Buy BTC?
June 24, 2016, 04:19:14 PM
#27
I did not really expect a leave of the British. But I am more surprised that is does not really have an impact on the Bitcoin price. Therefore, I am currently a little uncertain.
A buy of Bitcoin is certainly a good decision long term. If we take a look at other European countries like the Netherlands, France, Denmakr, Czech Republic or Poland, then we see that there are majorities for an EU exit, too.
doublemore
Hero Member
Offline
Activity: 546
Merit: 500
Re: Brexit/Bremain is upon us. Should I Buy BTC?
June 25, 2016, 05:43:50 AM
#28
Quote from: n691309 on June 24, 2016, 04:05:13 PM
Quote from: pandalion98 on June 23, 2016, 05:34:49 AM
Lately, there's been speculation that the UK will, in fact, remain in the EEC. Because of that, BTC price is falling. It even hit $550.
Should I buy? Should
we
buy?
It has not been approved yet that UK will exit EU but until now i have read that the pound currency will have a lower value so bitcoin can be a great alternative but these days bitcoin price is not good and can go even more dumped.
The referendum is a advisory referendum but the EU want the UK to pack their shit and leave now they've give a clear message the EU sucks. If UK do nothing the voters will also feel the system doesn't work and more chaos will be incoming.
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