Topic: [2016-06-24] World currencies are tanking on Brexit, but bitcoin is surging (Read 364 times)
June 24, 2016, 07:23:38 AM
I also noticed that the bitcoin is rising against the US dollar and also the British Stering. But bitcoin dropped a lot recently.
June 24, 2016, 06:11:06 AM
I see it as a win for Democracy - congrats to the Brits.
Nobody in Brussels was elected by anyone, they were placed there by Banks & Corporations who's only motive was profit & power. Greece, Spain & other counties in the EU have been milked & enslaved by Brussels to the extent that OAP's had to queue & beg for their pension money in order to buy food, mass unemployment & austerity are trademarks of countries run by Brussels - this is what happens when unelected people with conflicts of imterest are "placed" in a position of power.
As far as Bitcoin v fiat prices are concerned - who cares? They go up, they go down - nothing new there. I see Bitcoin (or digital currency) as a replacement for fiat, not a way to make more fiat. Only those after short term fiat profit are concerned about price, the Bitcoin idea is lost on them.
Nobody in Brussels was elected by anyone, they were placed there by Banks & Corporations who's only motive was profit & power. Greece, Spain & other counties in the EU have been milked & enslaved by Brussels to the extent that OAP's had to queue & beg for their pension money in order to buy food, mass unemployment & austerity are trademarks of countries run by Brussels - this is what happens when unelected people with conflicts of imterest are "placed" in a position of power.
As far as Bitcoin v fiat prices are concerned - who cares? They go up, they go down - nothing new there. I see Bitcoin (or digital currency) as a replacement for fiat, not a way to make more fiat. Only those after short term fiat profit are concerned about price, the Bitcoin idea is lost on them.
June 24, 2016, 02:44:30 AM
Global currency markets are a sea of red in the wake of this morning’s shock Brexit news. The pound is down 6.44% against the euro and weakened 10% against the dollar. But one currency–or more accurately, cryptocurrency–is surging: Bitcoin is up 7% in the last seven hours of trading, adding gains to a rally that started as the UK went to the polls yesterday (June 23).
http://qz.com/715681/world-currencies-are-tanking-on-brexit-but-bitcoin-is-surging/
http://qz.com/715681/world-currencies-are-tanking-on-brexit-but-bitcoin-is-surging/
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