Brexit and Bitcoin

[AgentofCoin]

when I opened the forum today , I expected to watch a lot of threads talking about ( Brexit ) , and how it will affect Bitcoin , but I didn't watch .
...

I also thought that this forum would be discussing the possible pros & cons for Bitcoin/bitcoin in relation to the Brexit,
but it seems like even on days such as this, the Signature Campaigners can't help but bump the mindless crap threads,
so that they may get their daily post limits locked in. They really water down this forum on important days such as this.

Well, looks like I'm off to the next bumped topic now.. ok let me see here "If bitcoin dropped to $1, what you do?".
What I do? Gee.. I'm going to have to think about this one for awhile before I post my response... /s

[raphma]

everyone is doing USD/CNY and EUR/USD.  
but yeah, brexit seens good to bitcoin, we already saw a lil pump and next leg might show up today.

[franky1]

last night the £ bitcoin price was between £430-£450.. now at £480..
this is a great time to have some bitcoins if you need to spend a bit to buy something with pounds. over 10-20% increase in price..

[davis196]

when I opened the forum today , I expected to watch a lot of threads talking about ( Brexit ) , and how it will affect Bitcoin , but I didn't watch .
this event has great importance because it affect the financial markets in all the world , the Bitcoin price has increased about 7 per cent after the UK public voted to leave the European Union , and 100 Million Dollar traded in the past 24 hours , on the other hands , the Pound has fallen against the Dollar , while the gold has increased about 4 % .
the Expectations indicate that Bitcoin price will hit 800 and 900 $ after this event , and maybe reach 1000$ .
if you want to know more about this event and how it will affect Bitcoin you can read those articles :
https://www.cryptocoinsnews.com/bitcoin-price-surges-beyond-675-amid-brexit-vote/
http://www.cnbc.com/2016/06/24/bitcoin-spikes-as-yuan-hits-five-and-a-half-year-low-on-brexit.html

Off course UK won`t leave EU immediately after this referendum.UK will leave after 2 years minimum.

This Brexit thing has a short term influence so i don`t think that we should  care about that.

Some people can benefit a lot and get some sweet profits right now.

[countryfree]

Everything's between the € and the £. BTC is in another game, and it's way too small. The sheer amount of £ which has been exchanged today is much larger than BTC's market capitalization.

[amacar2]

After pound get down and have heard that it is down to lowest since 1985, so those money from shorting pound may goto another asset in trade which could be any but it seem like gold have already got share of this money, may be bitcoin will be next. I am ready for roller coster ride with seat belt tighten......

[USB-S]

Every strong currency besides euro got a bump in price because of brexit.

[InternationalBankAlliance]

After pound get down and have heard that it is down to lowest since 1985, so those money from shorting pound may goto another asset in trade which could be any but it seem like gold have already got share of this money, may be bitcoin will be next. I am ready for roller coster ride with seat belt tighten......

Isn't shorting £ done mostly with $ or €? You're telling me Forex traders will sell $/€ for BTC?
That makes sense to you?
Buy the rumor, sell the news.

[wikenpp]

After pound get down and have heard that it is down to lowest since 1985, so those money from shorting pound may goto another asset in trade which could be any but it seem like gold have already got share of this money, may be bitcoin will be next. I am ready for roller coster ride with seat belt tighten......

I expect the rate of the GBP to go down even more the next coming year. The British people made a very big mistake by voting against parliament instead of voting against the EU.
With no strong partners it will get hard for them. Especially now even Scotland have decided to abandon the UK and stay in the EU.

This says enough...

[markj113]

The EU is dead, all the net contributors want to leave just the parasites will remain.

[helloeverybody]

The EU is dead, all the net contributors want to leave just the parasites will remain.

Ive already heard on the radio of a few more eu member states that also wish to follow in britains footsteps and have their own referendum in order to leave. Im not sure how this will leave the eu though, Probably not a good thing all round but who knows, Maybe it will all be for the greater good.

[ngocbkcse]

Some believe that all of the uncertainty related to the Brexit played a big role in bitcoin’s price fluctuation. There’s already chatter about how it has and will continue impact bitcoin’s price.

[practicaldreamer]

Brexit and Bitcoin ?

The Bank of England has just decided to pump an extra £250 billion into the banks - to keep things ticking over, so to speak. I'd like to say the banks are getting it for free - but of course they are not getting it for free - the people of the UK will pay for it.

This is the case for Bitcoin.

[InternationalBankAlliance]

Brexit and Bitcoin ?

The Bank of England has just decided to pump an extra £250 billion into the banks - to keep things ticking over, so to speak. I'd like to say the banks are getting it for free - but of course they are not getting it for free - the people of the UK will pay for it.

This is the case for Bitcoin.

And that's why the price is going through the roof. Amerifat here, BTC has gone up exactly ... -$20.
I remain cautiously optimistic.

[criptix]

Brexit and Bitcoin ?

The Bank of England has just decided to pump an extra £250 billion into the banks - to keep things ticking over, so to speak. I'd like to say the banks are getting it for free - but of course they are not getting it for free - the people of the UK will pay for it.

This is the case for Bitcoin.

Wait didnt the brit just vote against banks, elitism and the establisment? With the effect that exactly that group getting 250 billion now? ....

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[practicaldreamer]

Brexit and Bitcoin ?

The Bank of England has just decided to pump an extra £250 billion into the banks - to keep things ticking over, so to speak. I'd like to say the banks are getting it for free - but of course they are not getting it for free - the people of the UK will pay for it.

This is the case for Bitcoin.

Wait didnt the brit just vote against banks, elitism and the establisment? With the effect that exactly that group getting 250 billion now? ....

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....

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Yeah - kind of. At least its heartening to know that JP Morgan has said that there's a fair chance it will have to relocate a fair amount of its UK operations to the EU in the event of a leave vote.

Oh golly - please don't go 

Tell you what, fuck off, and take the rest of em with you.

The UK might well be worse off short term - but this is an opportunity to put this country on an even keel again - and take back some control.

[European Central Bank]

Hot damn. Looks like I'm gonna be out of a job soon. I REALLY wasn't expecting them to deliver this result. I wonder if the government's gonna try and wriggle out of it or try to come to some type of acceptable compromise and remain. Don't sound like the eu is feeling too forgiving right now.

[PigUsher]

JP Morgan has said that there's a fair chance it will have to relocate a fair amount of its UK operations to the EU in the event of a leave vote.

Oh golly - please don't go 

You know that means people's jobs, right? 

[practicaldreamer]

JP Morgan has said that there's a fair chance it will have to relocate a fair amount of its UK operations to the EU in the event of a leave vote.

Oh golly - please don't go  

You know that means people's jobs, right?  

Reminds me of that song Shipbuilding.

Can't have it all ways I'm afraid.

"Is it worth it?
A new winter coat and shoes for the wife
And a bicycle on the boy's birthday
It's just a rumour that was spread around town
By the women and children
Soon we'll be shipbuilding
Well, I ask you
The boy said "dad, they're going to take me to task
But I'll be back by Christmas"
It's just a rumour that was spread around town
Somebody said that someone got filled in
For saying that people get killed in
The result of this shipbuilding
With all the will in the world
Diving for dear life
When we could be diving for pearls
It's just a rumour that was spread around town
A telegram or a picture postcard
Within weeks they'll be re-opening the shipyards
And notifying the next of kin
Once again
It's all we're skilled in
We will be shipbuilding
With all the will in the world
Diving for dear life
When we could be diving for pearls

It's all we're skilled in
We will be shipbuilding
With all the will in the world
Diving for dear life
When we could be diving for pearls"

For those that don't know a reference to the taskforce that was sent to the Falklands in the early 80's by the UK.

[mayax]

JP Morgan has said that there's a fair chance it will have to relocate a fair amount of its UK operations to the EU in the event of a leave vote.

Oh golly - please don't go  

You know that means people's jobs, right?  

don't bother. there are too many brain drained here. they think "anti system"/libertarian shit but they don't know THEY are the system. they have fancy phones, cars, bank accounts, houses, loans, money(and they want MORE) but they are "anti system"

MANY families will suffer because of the banks/corporations` leaving UK. Good or bad, the people had a place to work and to get a wage....

JP Morgan may cut up to 4,000 alone. Do "you" know what does mean 4000 people? at least others 15,000-20,000 will suffer.; and these numbers are only for one corporation.

Airbus, which employs 15,000 may cut at least 10,000 the jobs (that means at least 30,000 others will suffer) from UK because they will relocate the manufacture of aircraft wings and restructuring the design team.

Car manufacturers will cut jobs too because it's useless to make cars in a country where you won't have any advantage; they will relocate in EU.

Same with the tech companies and their investments of billions of pounds. They will all gone.