Topic: Brexit and Bitcoin - page 2. (Read 2509 times)
Hot damn. Looks like I'm gonna be out of a job soon. I REALLY wasn't expecting them to deliver this result. I wonder if the government's gonna try and wriggle out of it or try to come to some type of acceptable compromise and remain. Don't sound like the eu is feeling too forgiving right now.
Brexit and Bitcoin ?
The Bank of England has just decided to pump an extra £250 billion into the banks - to keep things ticking over, so to speak. I'd like to say the banks are getting it for free - but of course they are not getting it for free - the people of the UK will pay for it.
This is the case for Bitcoin.
The Bank of England has just decided to pump an extra £250 billion into the banks - to keep things ticking over, so to speak. I'd like to say the banks are getting it for free - but of course they are not getting it for free - the people of the UK will pay for it.
This is the case for Bitcoin.
Wait didnt the brit just vote against banks, elitism and the establisment? With the effect that exactly that group getting 250 billion now? ....
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Yeah - kind of. At least its heartening to know that JP Morgan has said that there's a fair chance it will have to relocate a fair amount of its UK operations to the EU in the event of a leave vote.
Oh golly - please don't go
Tell you what, fuck off, and take the rest of em with you.
The UK might well be worse off short term - but this is an opportunity to put this country on an even keel again - and take back some control.
Brexit and Bitcoin ?
The Bank of England has just decided to pump an extra £250 billion into the banks - to keep things ticking over, so to speak. I'd like to say the banks are getting it for free - but of course they are not getting it for free - the people of the UK will pay for it.
This is the case for Bitcoin.
The Bank of England has just decided to pump an extra £250 billion into the banks - to keep things ticking over, so to speak. I'd like to say the banks are getting it for free - but of course they are not getting it for free - the people of the UK will pay for it.
This is the case for Bitcoin.
Wait didnt the brit just vote against banks, elitism and the establisment? With the effect that exactly that group getting 250 billion now? ....
....
....
....
Brexit and Bitcoin ?
The Bank of England has just decided to pump an extra £250 billion into the banks - to keep things ticking over, so to speak. I'd like to say the banks are getting it for free - but of course they are not getting it for free - the people of the UK will pay for it.
This is the case for Bitcoin.
The Bank of England has just decided to pump an extra £250 billion into the banks - to keep things ticking over, so to speak. I'd like to say the banks are getting it for free - but of course they are not getting it for free - the people of the UK will pay for it.
This is the case for Bitcoin.
And that's why the price is going through the roof. Amerifat here, BTC has gone up exactly ... -$20.
I remain cautiously optimistic.
Brexit and Bitcoin ?
The Bank of England has just decided to pump an extra £250 billion into the banks - to keep things ticking over, so to speak. I'd like to say the banks are getting it for free - but of course they are not getting it for free - the people of the UK will pay for it.
This is the case for Bitcoin.
The Bank of England has just decided to pump an extra £250 billion into the banks - to keep things ticking over, so to speak. I'd like to say the banks are getting it for free - but of course they are not getting it for free - the people of the UK will pay for it.
This is the case for Bitcoin.
Some believe that all of the uncertainty related to the Brexit played a big role in bitcoin’s price fluctuation. There’s already chatter about how it has and will continue impact bitcoin’s price.
The EU is dead, all the net contributors want to leave just the parasites will remain.
Ive already heard on the radio of a few more eu member states that also wish to follow in britains footsteps and have their own referendum in order to leave. Im not sure how this will leave the eu though, Probably not a good thing all round but who knows, Maybe it will all be for the greater good.
The EU is dead, all the net contributors want to leave just the parasites will remain.
After pound get down and have heard that it is down to lowest since 1985, so those money from shorting pound may goto another asset in trade which could be any but it seem like gold have already got share of this money, may be bitcoin will be next. I am ready for roller coster ride with seat belt tighten......
I expect the rate of the GBP to go down even more the next coming year. The British people made a very big mistake by voting against parliament instead of voting against the EU.
With no strong partners it will get hard for them. Especially now even Scotland have decided to abandon the UK and stay in the EU.
This says enough...
After pound get down and have heard that it is down to lowest since 1985, so those money from shorting pound may goto another asset in trade which could be any but it seem like gold have already got share of this money, may be bitcoin will be next. I am ready for roller coster ride with seat belt tighten......
Isn't shorting £ done mostly with $ or €? You're telling me Forex traders will sell $/€ for BTC?
That makes sense to you?
Buy the rumor, sell the news.
Every strong currency besides euro got a bump in price because of brexit.
After pound get down and have heard that it is down to lowest since 1985, so those money from shorting pound may goto another asset in trade which could be any but it seem like gold have already got share of this money, may be bitcoin will be next. I am ready for roller coster ride with seat belt tighten......
Everything's between the € and the £. BTC is in another game, and it's way too small. The sheer amount of £ which has been exchanged today is much larger than BTC's market capitalization.
when I opened the forum today , I expected to watch a lot of threads talking about ( Brexit ) , and how it will affect Bitcoin , but I didn't watch .
this event has great importance because it affect the financial markets in all the world , the Bitcoin price has increased about 7 per cent after the UK public voted to leave the European Union , and 100 Million Dollar traded in the past 24 hours , on the other hands , the Pound has fallen against the Dollar , while the gold has increased about 4 % .
the Expectations indicate that Bitcoin price will hit 800 and 900 $ after this event , and maybe reach 1000$ .
if you want to know more about this event and how it will affect Bitcoin you can read those articles :
https://www.cryptocoinsnews.com/bitcoin-price-surges-beyond-675-amid-brexit-vote/
http://www.cnbc.com/2016/06/24/bitcoin-spikes-as-yuan-hits-five-and-a-half-year-low-on-brexit.html
this event has great importance because it affect the financial markets in all the world , the Bitcoin price has increased about 7 per cent after the UK public voted to leave the European Union , and 100 Million Dollar traded in the past 24 hours , on the other hands , the Pound has fallen against the Dollar , while the gold has increased about 4 % .
the Expectations indicate that Bitcoin price will hit 800 and 900 $ after this event , and maybe reach 1000$ .
if you want to know more about this event and how it will affect Bitcoin you can read those articles :
https://www.cryptocoinsnews.com/bitcoin-price-surges-beyond-675-amid-brexit-vote/
http://www.cnbc.com/2016/06/24/bitcoin-spikes-as-yuan-hits-five-and-a-half-year-low-on-brexit.html
Off course UK won`t leave EU immediately after this referendum.UK will leave after 2 years minimum.
This Brexit thing has a short term influence so i don`t think that we should care about that.
Some people can benefit a lot and get some sweet profits right now.
last night the £ bitcoin price was between £430-£450.. now at £480..
this is a great time to have some bitcoins if you need to spend a bit to buy something with pounds. over 10-20% increase in price..
this is a great time to have some bitcoins if you need to spend a bit to buy something with pounds. over 10-20% increase in price..
everyone is doing USD/CNY and EUR/USD.
but yeah, brexit seens good to bitcoin, we already saw a lil pump and next leg might show up today.
but yeah, brexit seens good to bitcoin, we already saw a lil pump and next leg might show up today.
when I opened the forum today , I expected to watch a lot of threads talking about ( Brexit ) , and how it will affect Bitcoin , but I didn't watch .
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I also thought that this forum would be discussing the possible pros & cons for Bitcoin/bitcoin in relation to the Brexit,
but it seems like even on days such as this, the Signature Campaigners can't help but bump the mindless crap threads,
so that they may get their daily post limits locked in. They really water down this forum on important days such as this.
Well, looks like I'm off to the next bumped topic now.. ok let me see here "If bitcoin dropped to $1, what you do?".
What I do? Gee.. I'm going to have to think about this one for awhile before I post my response... /s
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.
What are you talking about? The European parliament was elected democratically, you might want to read some more about that: https://en.wikipedia.org/wiki/European_ParliamentNobody 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.
Wikipedia....
MEP's in Strasborg are elected. They vote on proposals suggested/put forward by the unelected commitees in Brussels.
The only businesses that will leave the UK & "take their money with them" are the ones that have their accounts offshore & pay zero tax in the UK, thus they contribute nothing. The UK is the fifth largest economy in the world, it will not only survive, it will prosper.
Brexit is bad for the global economy. The pound will go down, due to less or no support from the EU, though it may climb it's way back up. Global politics is a fucking joke, if you ask me.
I'd say bitcoin will go up.
I'd say bitcoin will go up.
I was actually quite shocked by the voting results because I thought an Europe without borders was the main reason behind the creation of the European Union and this would have benefited all countries inside the zone economically and culturally and would have made travelling around the countries effortlessly but unfortunately the bad political decisions of the European countries recently really shook the integrity of the EU mainly the refugees problem and the terrorist attacks. I think the UK leaving the EU will be a major setback for everyone doing business in the EU on an international level. Sadly I think we will need now visas before we can enter the UK which is very inconvenient... I don't know if the Brits will start to buy Bitcoin now when the pound has been stable for so long but who knows we may see very interesting things happening this year.
not quite
imagine yesterday. something costing £10 would have cost america $15
but this very morning. something costing £10 would have cost america $13.40 (gain for america, no loss to UK)
this means the UK still get their £10. and now america will want to buy more because its discount day. (UK gain as a side effect due to the 'bulk buy' mindset)
or flipping it the other way. the UK could charge £11(good for UK) and have america still paying $15 (no loss to US, gain for UK)
secondly the argument of "cheaper to make it in china" is getting less cheap. in the long run the imports into the UK will decline and the Exports will increase. which is good.
also imagine walmart wanted to invest $1.5billion yesterday to grow UK retail stores they would get £1bill to play with.. today if they invested $1.5billion, they would get £1.1bill to play with. which means that they can spend more in the UK and do more UK expansion..
this has been a great 24 hour for me. price has been rising and i have just bought some yesterday when it was low so i am that much more happy.
i just hope this continues and the rise wouldn't be just temporary.
i just hope this continues and the rise wouldn't be just temporary.
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