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Author Topic: News of Brexit - What good or bad for cryptocurrency ?  (Read 1176 times)
JakeRTFM (OP)
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June 24, 2016, 07:42:15 AM
 #1

I don't know if I'm in the good topics but does the Brexit of UK from Europe will have an impact an cryptocurrency ?

What's your opinion ?
Will we have in few days an UK coin, Walles coin ...

What good can we extract from this news for the cyptocurrency world ?

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June 24, 2016, 08:10:49 AM
 #2

I think Brexit effect is good for BTCitcoin as we see the increse from today onwards, as because of brexit Sensex and Nifty are decreasing, so investors find bitcoin to invest in.thats why price is increasing.
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June 24, 2016, 08:39:39 AM
 #3

some news site says this is good for bitcoin.
you can read this news :
www.afr.com/news/politics/world/brexit-bitcoin-surges-in-wake-of-out-vote-20160624-gprchx

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June 24, 2016, 08:56:02 AM
 #4

Bitcoin is great if people are afraid. The brexit causes instability and uncertitudes about the future. So people will look for unconventional means of storing value (like gold, silver or bitcoins).
I don't know if it is good or bad for bitcoin, but its price should increase.



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June 24, 2016, 09:40:39 AM
 #5

I don't know if it will have an instant or long term impact on bitcoin, as a lot of news right now affect how the price moves. But the Brexit is a long process and it is only going to be official after two years, as they say. But with its effect on the stock market, people might be looking for an alternative to preserve their assets and bitcoin might be that instrument that they are looking for. The same thing is happening with the Chinese now.
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June 24, 2016, 12:22:28 PM
 #6

So today German Dax is 7% down UK big banks are 30% down,it is really 30% european big banks 10% down
and one big chaos,it will for sure rise demand on digital currencys
UK is bigest digital currencys hube,it will remain without all that UE regulations,so my opinion it is ok for for btc

 
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June 24, 2016, 12:39:39 PM
 #7

I think this news is good for cryptocurrency. Price of bitcoin has shown steep increase within a period of less than 24 hours. But this news is definitely not good for European Union and UK as adverse affects can easily be seen on their currency and banks.

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June 24, 2016, 12:59:58 PM
 #8

So today German Dax is 7% down UK big banks are 30% down,it is really 30% european big banks 10% down
and one big chaos,it will for sure rise demand on digital currencys
UK is bigest digital currencys hube,it will remain without all that UE regulations,so my opinion it is ok for for btc
SP500 now down -71 the low was -100. It is a black friday at best!

Looking to buy a verified betfair account with escrow.
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June 24, 2016, 09:34:08 PM
 #9

I am surprized that the BREXIT causes so much variation in the british exchange. Shouldn't this possible outcome have been at least partially anticipated ?
If so the cotations wouldn't decrease this much ...



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June 24, 2016, 09:43:45 PM
 #10

A lot of money was wiped off the value of shares and pound sterling. This means people are moving away from that currency, because it will be less relevant to trading in future. They are going to need new safe locations for their currency, especially if they think the pound will drop a lot more. That money they withdraw could flow into bitcoin, precious metals, bonds and many other places until markets start to settle.

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June 24, 2016, 10:48:07 PM
 #11

I don't know if I'm in the good topics but does the Brexit of UK from Europe will have an impact an cryptocurrency ?

What's your opinion ?
Will we have in few days an UK coin, Walles coin ...

What good can we extract from this news for the cyptocurrency world ?


i think the impact on cryptocurrency will definitely big because such world events usually have big impact

i think the price of cryptos will surely rise as british people will be buying more of the cryptos i think

 
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June 25, 2016, 02:43:47 AM
 #12

I don't know if I'm in the good topics but does the Brexit of UK from Europe will have an impact an cryptocurrency ?

What's your opinion ?
Will we have in few days an UK coin, Walles coin ...

What good can we extract from this news for the cyptocurrency world ?





Well, yes, IMO Brexit is good for Bitcoin.  The more uncertainty as well as some news I read earlier about British tourists unable to convert their Pounds Sterling into Euros (in Greece) caught my attention.  But, BTC is not all that "liquid" in many countries.

My guess is that gold will be a big beneficiary of financial problems in Europe...

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June 25, 2016, 02:47:48 AM
 #13

After the Brexit ,the price of  bitcoin is rised ! That's a good news fo bitcoin Cheesy
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June 25, 2016, 03:02:51 AM
 #14

Bitcoin was one of the few winners out of the U.K.'s vote to leave the European Union, surging as much as 13 percent as the decision fueled demand for alternative assets.

http://www.sltrib.com/home/4046326-155/a-rare-brexit-winner-bitcoin-jumps

look brexit is very good for bitcoin the price jumping again.

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June 25, 2016, 04:43:47 AM
Last edit: June 25, 2016, 06:06:22 AM by clickerz
 #15

Bitcoin was one of the few winners out of the U.K.'s vote to leave the European Union, surging as much as 13 percent as the decision fueled demand for alternative assets.

http://www.sltrib.com/home/4046326-155/a-rare-brexit-winner-bitcoin-jumps

look brexit is very good for bitcoin the price jumping again.

Im surprise but maybe true,as UK is looking other form of instrument to invest. UK's exit on EU may be favorable to them but not to EU.Hope their exit can shield them from crisis affecting other members.

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June 25, 2016, 04:51:11 AM
 #16

After the Brexit ,the price of  bitcoin is rised ! That's a good news fo bitcoin Cheesy

Better hope it keeps rising, halvening is right around the corner! I was lucky to pick some up during the crash down to 580~
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June 25, 2016, 05:05:23 AM
 #17

Bitcoin was one of the few winners out of the U.K.'s vote to leave the European Union, surging as much as 13 percent as the decision fueled demand for alternative assets.

http://www.sltrib.com/home/4046326-155/a-rare-brexit-winner-bitcoin-jumps

look brexit is very good for bitcoin the price jumping again.

Im surprise but maybe true,as UK is looking their form of instrument to invest. UK's exit on EU maybe favorable to them but not to EU.Hope their exit can shield them from crisis affecting other members.

yea.. but in fact this brexit can give bitcoin more power. i think this is the new era of economic global, we will see where the new era will come, hope the economic global growing as much as possible.

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June 25, 2016, 05:09:11 AM
 #18

I guess it would be bad. The EU is one of the great economic power in the world. I am not quite sure when the English came out, I am sure of is has been somehow in many countries will decrease. as well as with cryptocurrency
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June 25, 2016, 10:57:49 AM
 #19

Bitcoin is not established enough to take advantage of uncertainty in other asset classes caused by the Brexit.
Right now those heading for safety will look to gold.

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June 25, 2016, 11:07:38 AM
 #20

I don't know if I'm in the good topics but does the Brexit of UK from Europe will have an impact an cryptocurrency ?

What's your opinion ?
Will we have in few days an UK coin, Walles coin ...

What good can we extract from this news for the cyptocurrency world ?



UK coin?Wales coin?Haha,i`m waiting to see that coming  Grin

The brexit impact over bitcoin isn`t going to be very big,UK will leave the EU after 2 years,not now.

Soon the brexit panic will be over...

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