Thank you for taken time to write a reply.
Just want to give an example of news read about cryptocurrency and let you understand why I have ask this question. Most of you have said there no link to pound and bitcoin but I disagree.
A year back the USA start economic attack on turkey in September 2018 USA want the Turks to hand over the pastor which affects the lira. Because of the drop in the lira Turkish investors and others starting change to cryptocurrency. Which increased bitcoin price, if you check price chart and events you will see an increase. Now I think this will also happen if hard brexit is on the way.
Topic: Brexit what effects will this have on cryptocurrency? - page 3. (Read 513 times)
It will have no effect (if we will have a brexit) a different thing is if will more countries will leave the euro.
GB situation is too small in comparison to the euro market or in comparison to the global economy and bitcoin is adopted by a very small part of the population today so...
GB situation is too small in comparison to the euro market or in comparison to the global economy and bitcoin is adopted by a very small part of the population today so...
I don't see why would brexit have an effect on cryptocurrencies. There are no links between GBP and BTC. And this is not a dramatic event that would make people want to "hedge" into cryptocurrencies as they are descentralized..
Will this not effect the price.
Doesn't really have any effect at all.Lets say this do affect Euro but on general sense I don't see a reason why cryptomarket would be affected with these kind of news/events.
It has nothing to do with it.
It won't necessarily have an impact on crypto as a whole, but what will play a role is how the Euro keeps getting weaker and weaker. In my case that's a bad thing because my Euros buy me less Bitcoin. €1 was +$1.20 like a year ago, and now it has fallen to $1.13ish levels. I do expect a flat $1 valuation in the forthcoming years. It's shit.
Just wait for Deutsche Bank to go down, it will drag the whole European Union down with it. It's a ticking time bomb.
Just wait for Deutsche Bank to go down, it will drag the whole European Union down with it. It's a ticking time bomb.
Seeing how previous Brexit decisions panned out, I don't think there'd be a significant impact on cryptocurrency whatever the decision is from the regulators and from the people involved. Not all bitcoin traders react to the said news, although some people would certainly love to make a fuss about it and try to use it as a trading signal for sure. I'm more concerned on what will happen to the Pound Sterling after all of this has come to end, though the recent rejection of Theresa May's deal didn't cause quite a spur.
Bitcoin and crypto would be free from any influence the Brexit might struck, that's for sure.
Bitcoin and crypto would be free from any influence the Brexit might struck, that's for sure.
I don't believe the Brexit decision will give something (good or bad) to Bitcoin. People don't listen anymore and don't give a f**k. they got tired with it for 2 years. Even Britains are tired of their own stuff. The pound sterling may be the currency that will have some effects and that's all For for sure it will have geopolitical consequences but up to say "BTC will go to the moon again", nope.
15 days left for brexit. Will this bring the price of bitcoin and other main cryptocurrency price up or down.
Will uncertainty add to more investor buying cryptocurrency to save the price drop or increase in pound and euro.
Or
Will this not effect the price.
Will uncertainty add to more investor buying cryptocurrency to save the price drop or increase in pound and euro.
Or
Will this not effect the price.
Jump to: