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Topic: BReXIT win effect over 9000$ (Read 2321 times)

hero member
Activity: 644
Merit: 500
June 24, 2016, 01:55:22 PM
#36
GBP is down 10% against the dollar and no effect on bitcoin. Do people still beleieve that real world events have an impact on bitcoin?

and I am seeing that the price of Euro is also a little down, but bitcoin did not move, I think the real world do not have any effect on bitcoin, bitcoin will be affected only because of the tragedies of digital world like bitfinex tragedy.
newbie
Activity: 14
Merit: 0
June 24, 2016, 01:02:26 PM
#35
GBP is down 10% against the dollar and no effect on bitcoin. Do people still beleieve that real world events have an impact on bitcoin?

Well they obviously do. Bitcoin went up 10% as a result of the Brexit was confirmed. The British Pound is at its lowest rate for 85 years, how do you think Bitcoin got that 10% investment after a pretty epic dump from 750 - 500 & something?

Why the 25% dump? Why the pump to 800? Because that's how the market works? I dunno.
hero member
Activity: 714
Merit: 500
Me, myself and I
June 24, 2016, 12:57:03 PM
#34
ok not over 9000, but I think we will see over $1K
Well, i would agree to say probably the price will touch $1000 after british exit eu. some investor would take their money from all stock market and hope their would looking to buy bitcoin.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
June 24, 2016, 12:48:19 PM
#33
GBP is down 10% against the dollar and no effect on bitcoin. Do people still beleieve that real world events have an impact on bitcoin?

Well they obviously do. Bitcoin went up 10% as a result of the Brexit was confirmed. The British Pound is at its lowest rate for 85 years, how do you think Bitcoin got that 10% investment after a pretty epic dump from 750 - 500 & something?
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
June 24, 2016, 11:42:58 AM
#32
ok not over 9000, but I think we will see over $1K

haha, subject was click bait Cheesy

but i agree this can be the push that bitcoin needed to rise to $1000 and it has already started rising after the recent dip so i guess it is possible with all things considered.
newbie
Activity: 46
Merit: 0
June 24, 2016, 10:35:44 AM
#31
After brexit polls get over bitcoin price already turned back into green however growth seem slow this time than recent pump may take 2-3 weeks to again reach 800$ but i think it will certainly reach there.

Buy the rumor, sell the news. Market waiting to pull the trigger.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
June 24, 2016, 10:23:42 AM
#30
After brexit polls get over bitcoin price already turned back into green however growth seem slow this time than recent pump may take 2-3 weeks to again reach 800$ but i think it will certainly reach there.
legendary
Activity: 1036
Merit: 1000
June 24, 2016, 09:42:01 AM
#29
Bitcoin price will go up after the brexit vote. How much is the question. I doubt it will go up by that much. I believe 700 is possible, maybe 750, tops. Some people are wildly optimistic or deliberately misleading, never trust these bulltards.

9000 is DECADES away, not in our life time, maybe our. Children's.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
June 24, 2016, 07:19:25 AM
#28
Savings rates will become even more shit in the UK, if that's even possible, so perhaps more people will be looking to diversify their capital. If only a tiny fraction look into BTC then it's not going to hurt.
legendary
Activity: 1610
Merit: 1183
June 24, 2016, 07:12:59 AM
#27
Everything is crashing but Bitcoin and Gold, and Bitcoin is already giving better results than Gold. Honestly and im sorry for the guys that didn't buy the obvious 540 dollar bottom but you are nothing but idiots. You got told to buy a million times but you wouldn't listen. Now a lot of people is sitting with collapsing fiat with 0 BTC while BTC goes up.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
June 24, 2016, 07:09:28 AM
#26
Brexit gives us a signal that there is something wrong with Europe. So euro will go down and people will be trying to keep value of their money by putting it in something else: metals, other fiat and so on. Something will definetely go to bitcoin.
Besides GPD went down, so also Britans themselves will be buying bitcoin now. It's simple.
In the long term, I believe, other countries will also express their interest to leave Euro zone and these times will affect even more on BTC price.

i totally agree with this as we are already witnessing the effects on bitcoin price as of today.

but also i want to add that all these news have also a secondary effect which is hype and people wanting to buy in order to not miss out which will also increase the price more.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
June 24, 2016, 06:21:36 AM
#25
The polling results had made a big impact upon most of the countries economy in terms of steep variation on market shares and currency value.
hero member
Activity: 621
Merit: 507
Radix-The Decentralized Finance Protocol
June 24, 2016, 05:41:18 AM
#24
Brexit gives us a signal that there is something wrong with Europe. So euro will go down and people will be trying to keep value of their money by putting it in something else: metals, other fiat and so on. Something will definetely go to bitcoin.
Besides GPD went down, so also Britans themselves will be buying bitcoin now. It's simple.
In the long term, I believe, other countries will also express their interest to leave Euro zone and these times will affect even more on BTC price.
legendary
Activity: 1062
Merit: 1003
June 24, 2016, 04:50:24 AM
#23
Entire wold economy in the red... bitcoin going up  Cool

Trying to go up. Seems some ppl are trying hard to prevent any further increase though...
legendary
Activity: 889
Merit: 1013
June 24, 2016, 04:45:28 AM
#22
GBP is down 10% against the dollar and no effect on bitcoin. Do people still beleieve that real world events have an impact on bitcoin?

Up 19% in a day is no impact?
legendary
Activity: 1526
Merit: 1002
Chipcoin Developer
June 24, 2016, 04:02:58 AM
#21
Entire wold economy in the red... bitcoin going up  Cool
legendary
Activity: 2101
Merit: 1061
June 24, 2016, 04:01:50 AM
#20
If we have more news regarding Scotland an Northern Ireland, and possible Netherland exit, it might drive btc over 900-1k.

Scotland's brainwashed citizens voted remain but its part of the UK as is Northern Ireland who also voted leave. They are both part of the UK so they remain in the UK. I believe the English should demand a referendum for them to decide if they wish to break up the UK, which they should. Scotland and Northern Ireland are bringing them down and nearly tipped the vote in favour of remain. This is very unfair to the English.  Scotland's extremist communist government is nothing but a pure hate filled anti English fest. Scotland got its own referendum to leave the Uk last year and lost. The English didn't get a say in the matter, yet the Scots get a say in England's destiny. That should change and the English people should demand it.

Scotland showing its true colours. The scottish referendum said. Do you believe Scotland should be an independent country? Independent. Now they say they don't want to be independent really, they want to be ruled by Brussels not London. They don't want to rule themselves.
legendary
Activity: 1288
Merit: 1000
June 24, 2016, 03:28:16 AM
#19
But the yen has been going down for the past year and negative rates in Japan haven't worked.  I get gold, but I don't really think "safe haven" when I think yen.  But I guess I'm in the minority in that regard.
It is because negative interest rates are a dead end of world's economy. It won't work in the long run. I expect them to invest in bitcoin too.
Brexit, is the incentive we wanted, it can push economic markets to ditch standard investment method and start to embrace cryptocurrency in fear of bigger financial crisis.
newbie
Activity: 40
Merit: 0
June 24, 2016, 03:21:32 AM
#18
But the yen has been going down for the past year and negative rates in Japan haven't worked.  I get gold, but I don't really think "safe haven" when I think yen.  But I guess I'm in the minority in that regard.
legendary
Activity: 1062
Merit: 1003
June 24, 2016, 02:49:25 AM
#17
So far seems like everybody is piling in the yen (no idea why) and gold.  Bitcoin has gone up in the past 24 hours but that started before the results were in.

Yen is a traditional safe haven as it is less affected by Europe and US. Brexit news effect on BTC appears to be over
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