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Author Topic: Brexit and altcoins  (Read 695 times)
Anoona (OP)
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June 25, 2016, 01:35:27 AM
 #1

The Brexit result can affect the altcoins market and btc market?, do you think result can affect in prices or bring consequences for market?

Discuss it!

Cheers!
7788bitcoin
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June 25, 2016, 03:21:52 AM
 #2

The Brexit result can affect the altcoins market and btc market?, do you think result can affect in prices or bring consequences for market?

Discuss it!

Cheers!

Whatever dump and pump at the moment are just knee jerk reactions! The real Brexit will take at least another 2 years to happen. We shall see a gradual change.
brekyrself
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June 25, 2016, 03:27:56 AM
 #3

If some form of capital controls around fiat and precious metals go into affect, I could see crypto gaining traction.  Were still on the ground floor here, most people may never of heard of bitcoin or if they have, they have no concept how it actually works.  Imagine when they try to wrap their heads around any alt's that go beyond simple transactions!
BigSirko
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June 25, 2016, 05:01:05 AM
 #4

I found the alt market did not move much today - with one exception: NEM.

NEM was around 300 Satoshis the other day and today it hit an all time high of 1247 Satoshi.   Shocked
SolomonRising
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June 25, 2016, 08:25:56 PM
 #5


Hopefully Brexit rally will go on another tear.

The fear of the LORD is the beginning of wisdom: and the knowledge of the Holy One is understanding.
partysaurus
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June 25, 2016, 11:51:45 PM
 #6

I found the alt market did not move much today - with one exception: NEM.

NEM was around 300 Satoshis the other day and today it hit an all time high of 1247 Satoshi.   Shocked


Nem seems price increase seems to be from something else then brexit, cant see why brexit would affect nem so much :S
gogodr
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June 25, 2016, 11:57:28 PM
 #7

The Brexit result can affect the altcoins market and btc market?, do you think result can affect in prices or bring consequences for market?

Discuss it!

Cheers!

Brexit seems to have just helped Bitcoin if anything, and alts seem fairly unaffected by all of this.
Sandeman
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June 26, 2016, 12:02:26 AM
 #8

Libre £ (British pound) is down, Librexcoin is up ! That may have saved the developers  Tongue

The best meme Farage:
https://s32.postimg.org/bkqxaic91/Brexit_Librexcoin.jpg

https://s32.postimg.org/qs54d3fr9/Librex_Brexit.jpg

The Ethereum team are integrating Blocknet into your code. Librexcoin is funding blocknet via grants. Blocknet is platform for independent England. Horizon coin have too very potencial and other altcoins, Supercoin, Dogecoin, Peercoin, Stealthcoin ?
Investors and currency traders are moving funds into bitcoin and using it as an alternative store of value ahead of a potential collapse of the sterling. A similar price boost in bitcoin was visible when Greece almost had to leave the EU. A Brexit would very likely give bitcoin a further boost, especially against the British pound.
The Sceptical Chymist
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June 26, 2016, 01:35:06 AM
 #9

The Brexit result can affect the altcoins market and btc market?, do you think result can affect in prices or bring consequences for market?

Discuss it!

Cheers!

Brexit seems to have just helped Bitcoin if anything, and alts seem fairly unaffected by all of this.
Why would Brexit affect altcoins in the least?  In uncertain economic climates, in fearful climates, people move their investment dollars into safe things:  bonds, precious metals, stable currencies.  Why would anyone with a sliver of frontal cortex see altcoins (shitcoins) as a safe haven asset?  And so Brexit should have no effect on altcoins whatsoever.  In my mind at least.  You might as well ask how the price of lawnmowers is going to react to Brexit.

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Sandeman
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June 26, 2016, 05:40:06 AM
Last edit: June 26, 2016, 08:19:38 AM by Sandeman
 #10

Investors look altcoins for short and mid-term investment opportunities. Regarding altcoins as investments, they are taking them as long-term investments and they are used to up and downs.
Ethereum, the visionary advancement upon Bitcoin, has joined the Blocknet, which enables any one blockchain’s innovations to be served to nodes on other chains.
jjacob
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June 26, 2016, 05:47:03 AM
 #11

Brexit might impact the majors like Bitcoin and Ether, nothing more.
There is some kind of shadow benefit that alts derive, as most of them are quoted in satoshis.


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