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Question: Will the news of Kim Jong Ils death cause bitcoin prices to move?
Yes
No
Who is Kim Jong Il?

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Author Topic: Kim Jong Il is dead. Will it have an impact on BTC prices?  (Read 4966 times)
bittenbob (OP)
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December 19, 2011, 03:27:01 AM
 #1

Major world news so it could potentially have an impact on the market. Il was very famous for his anti-american sentiment but is yet another in a long line of international dictators to kick the bucket recently. Im thinking no but it would be interesting to see news items that came out around major market moves tied in with bitcoin prices over time like google finance does with stocks.
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grue
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December 19, 2011, 03:31:47 AM
 #2

Quote from: wikipedia
Kim Jong-il (pictured), the Supreme Leader of the Democratic People's Republic of Korea, dies at the age of 69.
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It is pitch black. You are likely to be eaten by a grue.

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bittenbob (OP)
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December 19, 2011, 03:33:32 AM
 #3

I beat The Canadian Press on reporting on his death lol. This should be interesting to gage the response since people will just be finding out around the world and we should be able to see what if any impact there is on the market.
JohnOliver
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December 19, 2011, 03:42:20 AM
 #4

I'm gonna side with the poll and say there will be no effects whatsoever.
bittenbob (OP)
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December 19, 2011, 03:44:43 AM
 #5

So far I havent seen it move once. Give it a few more hours and I will close the poll and say it had no effect.
tiberiandusk
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December 19, 2011, 03:48:18 AM
 #6

$50 by tomorrow morning. Tongue

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ineededausername
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December 19, 2011, 03:49:23 AM
 #7

The only way this has an effect on prices is if KJI mentioned Bitcoin in his will Tongue

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terrytibbs
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December 19, 2011, 03:54:57 AM
 #8

I'd like to know what everyone's favorite South Korean thinks!

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bittenbob (OP)
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December 19, 2011, 03:57:37 AM
 #9

I'd like to know what everyone's favorite South Korean thinks!

Matthew?! Where are you?

Would be an interesting time for the south to invade the north. I think if its going to happen it has to happen soon before kim jong un has the chance to immortalize his image like his father did.
ArsenShnurkov
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December 19, 2011, 04:04:35 AM
 #10

The only way this has an effect on prices is if KJI mentioned Bitcoin in his will

Then his will should be immediately fabricated and disseminated by bitcoin activists Smiley
bittenbob (OP)
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December 19, 2011, 04:17:34 AM
 #11

We did get a bit of a bump just now lol. Related? Probably not.
bittenbob (OP)
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December 19, 2011, 04:20:48 AM
 #12

More than a bump now. Seems the price stagnation may have ended.... just like Kim Jong Il's rule  Tongue
Cluster2k
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December 19, 2011, 04:26:36 AM
 #13

Kim Jong Il's death will have absolutely no effect on bitcoins, unless the new Dear Leader chooses to detonate a nuke or two to show he's top dog.  Very few North Koreans have access to the Internet, and hence no bitcoins, so no demand from there either.

I predict DVD sales of Team America: World Police may rise a little however.  Ronery, so ronery.
notme
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December 19, 2011, 04:27:44 AM
 #14

More than a bump now. Seems the price stagnation may have ended.... just like Kim Jong Il's rule  Tongue

Meh... It's already back in the bands.  Welcome to a liquid market.

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December 19, 2011, 04:35:06 AM
 #15

I just bought 5 thousand coins.. its going up up up!

Smiley

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December 19, 2011, 05:03:36 AM
 #16

I just bought 5 thousand coins.. its going up up up!

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Not truth...

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teflone
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December 19, 2011, 05:05:12 AM
 #17

hey, can I have a non demo of sierra charts ? Smiley

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naima53
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December 19, 2011, 05:10:11 AM
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hey, can I have a non demo of sierra charts ? Smiley

Equally well the demo and not a demo works Smiley

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teflone
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December 19, 2011, 05:17:30 AM
 #19

hey, can I have a non demo of sierra charts ? Smiley

Equally well the demo and not a demo works Smiley

 Huh

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naima53
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December 19, 2011, 05:25:24 AM
 #20

hey, can I have a non demo of sierra charts ? Smiley

Equally well the demo and not a demo works Smiley

 Huh
When the demo - the period comes to an end, Forex ceases to work only... And remaining depends from sierrachartfeed-0.4 Cheesy

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