BREXIT RESULT

[amarjoss]

Do you think brexit result will affect bitcoin price?

[The Sceptical Chymist]

OMG, this has been brought up like 1000 times here.  Whatever we're seeing is the reaction to brexit and a zillion other things.  Markets tend to react to news very quickly.

Can someone please explain to an ignorant, booger-eating moron (me) what the significance of brexit is to financial markets?  The US stock markets crashed today, and everyone says it's because of this, and I don't see why it should happen.  Perhaps this isn't the right thread, but I am genuinely curious.

[European Central Bank]

The only reason you need is uncertainty. No market likes uncertainty and brexit means there's gonna be years, maybe decades of it. it might mean the rest of the eu falls apart, the euro dies, trade gets disrupted, northern ireland might blow up, scotland's gonna want to go independent. i think that's enough to be getting on with for now.

[angaper]

In my opinion, the Brexit is actually irrelevant for the bitcoin behavior because its price is not attached to the fundamentals of global economy, and the big players on the capitalist system have been very distrustful with the current development in altcoins.

[mixan]

It does effect what you get if you are going to sell to someone who is going to be pay in british pounds.
So I am not going to accept taking that currency any longer as I lost money holding it from my last sale for that.

[lottery248]

actually, unless Brexit encourages people to use the bitcoin to get over this disaster, otherwise it is no use to the bitcoin. lol.
IMO Scotland should leave GB and back to EU, then North Ireland to Ireland, as it might lead to globalization failure if not doing it.

[RastoMan]

actually, unless Brexit encourages people to use the bitcoin to get over this disaster, otherwise it is no use to the bitcoin. lol.
IMO Scotland should leave GB and back to EU, then North Ireland to Ireland, as it might lead to globalization failure if not doing it.

What you said will happen. It will take some time for the Scotland to be a EU member. There will be long negotiations.

[European Central Bank]

read the news. sounds like some eu ministers are sympathetic to the scottish position but negotiating separately would stir up a hornet's nest. scotland would have to fully break away and then reapply. the eu's not interested in getting involved in internal differences.

considering voters turned it down last time, the idea of a border with england and changing currency is an even harder sell.