Bitcoin and brexit.

mbuk81 (OP)

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Bitcoin and brexit.

November 22, 2016, 07:56:01 PM

#1

With the uk won it right to leaving the European union bitcoin value dropped so will it drop again when the uk does leave and might it drop even lower then it did then. do users think that when brexit does happen will it or will it not much difference to bitcoin currency.

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LASERminer

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Re: Bitcoin and brexit.

November 22, 2016, 08:12:24 PM

#2

Sorry but where you got this conclusion from? What drop you are talking about?
Referendum result caused BTC to spike up not drop and it is still rising since.

mrcash02

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Re: Bitcoin and brexit.

November 22, 2016, 08:33:50 PM

#3

Quote from: LASERminer on November 22, 2016, 08:12:24 PM

Sorry but where you got this conclusion from? What drop you are talking about?
Referendum result caused BTC to spike up not drop and it is still rising since.

Yes, I don't see any relation between the two situations. I think it didn't affect BTC a lot and to say the true, there is already some time the votation for brexit ended... I think it's irrelevant for Bitcoins and crypto-currencies.

Bitcoin will continue increasing its price as normal, you shouldn't worry about it.

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Re: Bitcoin and brexit.

November 22, 2016, 10:25:41 PM

#4

I don't remember seeing a price drop and it does not make sense to such a drop to have happened, bitcoin is an alternative to the current economic system, if the system has problems that is most of the time good news for the bitcoin world, if you don't believe me you can check that this has been the case in countries like Argentina and Venezuela.

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Yakamoto

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Re: Bitcoin and brexit.

November 23, 2016, 12:26:15 AM

#5

The referendum is old news, however I do believe there was an uptick in the value of Bitcoin when the referendum happened, followed by a slip as the fear of everything wore off. Once the actual Brexit happens chances are you're going to see a bit more of an increase in the value, however it depends on what happens in the meantime.

Likely not much is going to happen.