Brexit can affect crypto market only in the case big funds want to speculate about, reducing a lot sterlin value.
But this is not the case considering the actual crypto market status...
Topic: How Brexit will impact bitcoin (Read 536 times)
It is unlikely that Bitcoin will somehow react to the UK's exit from the EU. After all, Brexit is not directly and indirectly related to Bitcoin. Bitcoin usually reacts to news from politics, if only they relate to it directly, such as limiting the use of Bitcoin in China, Bitcoin has reacted by lowering the price.
what the difference that is happening in world. Bitcoin is not so liquid tool that it could be affected by different events.
In the very worst case scenario (like EU-UK negotiations resulting in a huge negative economic and financial impact), GBP will plummet. Therefore many people could be buying Bitcoin and other cryptos as a form of a safe haven for their savings. Depending on the number of buyers and the value of their purchases, this could even start an uptrend.
Yet in general, it should not have any significant impact.
Yet in general, it should not have any significant impact.
There are nothing impact of brexit regulation where England country have choose for out from Europe, I think nothing have positive or negative effect from this situation and we ahve get stronger power to make bitcoin is up and higher price,
With the disagreement and resignation of profilic members of the UK government
Though Significantly,I can't say or draw out what will be the case
Well, I believe that Brexit will result to shakes on the bitcoin crypto market flow
Then,Will the best deal for Britain affect the bitcoin market flow?
Though Significantly,I can't say or draw out what will be the case
Well, I believe that Brexit will result to shakes on the bitcoin crypto market flow
Then,Will the best deal for Britain affect the bitcoin market flow?
I think brexit news is quite old and it has no effect to bitcoin world.
But we hope someday britain will have his regulation for bitcoin so bitcoin will be accepted worldwide
maybe BREXIT will be good for Bitcoin, maybe more british people will turn some attention to bitcoin when the sterling starts to slide.
maybe they have already?
maybe they have already?
Brexite will certainly have a certain influence. All economic and political activity affects currency and assets, so it will affect Bitcoin and altcoin.
Brexit should not affect the cryptocurrency market. UK exit from EU is not directly related to cryptocurrencies. This situation may create problems for countries that are members of EU, because there will surely be some restrictions on trade or free flow of people.
Brexite will certainly have a certain influence. All economic and political activity affects currency and assets, so it will affect Bitcoin and altcoin.
my view is Brexit will not affect bitcoin.
Now why do I think so ?
- First Bitcoin as per me is a world currency, this will help countries to trade without boundaries and sanctions
- UK has already shown positive approach to to BTC, and EU doesn't want to take any drastic step toward it.
- China being the most powerful country was not able to completely stop crypto trading
Bitcoin was designed to be not allowed to be controlled. Since it is still at a very early stage whales are able to manipulate it.
But it wont be long when everyone will want a piece of the cake, there by increasing the demand and resulting in Bitcoin dumped being Bitcoin brought and the lows are over.
Just think about the whale who wanted to manipulate the market.
So, the conclusion is there are a lot of things that affects Bitcoin and Brexit is definitely not one of them.
Now why do I think so ?
- First Bitcoin as per me is a world currency, this will help countries to trade without boundaries and sanctions
- UK has already shown positive approach to to BTC, and EU doesn't want to take any drastic step toward it.
- China being the most powerful country was not able to completely stop crypto trading
Bitcoin was designed to be not allowed to be controlled. Since it is still at a very early stage whales are able to manipulate it.
But it wont be long when everyone will want a piece of the cake, there by increasing the demand and resulting in Bitcoin dumped being Bitcoin brought and the lows are over.
Just think about the whale who wanted to manipulate the market.
So, the conclusion is there are a lot of things that affects Bitcoin and Brexit is definitely not one of them.
I don't think Brexit will have any impact on BTC or any other crypto now or in near future.
Personally, I do not think that the Brexit will bring important consequences in the crypto market, because I remember that the day when it was announced that Great Britain chose to leave the European Community, all the markets of the world shuddered in a very disturbing way, but in the crypto market an absolute calm prevailed. That was the time to measure the possible relevance of this event in the behavior of bitcoin, but once again it became clear that the crypto economy moves in a different lane than conventional markets, so I have always insisted on the uselessness of applying conventional technical analysis in the crypto market.
With the disagreement and resignation of profilic members of the UK government
Though Significantly,I can't say or draw out what will be the case
Well, I believe that Brexit will result to shakes on the bitcoin crypto market flow
Then,Will the best deal for Britain affect the bitcoin market flow?
Though Significantly,I can't say or draw out what will be the case
Well, I believe that Brexit will result to shakes on the bitcoin crypto market flow
Then,Will the best deal for Britain affect the bitcoin market flow?
I think it will not give much effect to bitcoin price. Brexit will effect to Poundsterling but for cryptomarket, its different market because crypto uncontrolled market. Maybe it give effect at first start but it will not last long
With the disagreement and resignation of profilic members of the UK government
Though Significantly,I can't say or draw out what will be the case
Well, I believe that Brexit will result to shakes on the bitcoin crypto market flow
Then,Will the best deal for Britain affect the bitcoin market flow?
Though Significantly,I can't say or draw out what will be the case
Well, I believe that Brexit will result to shakes on the bitcoin crypto market flow
Then,Will the best deal for Britain affect the bitcoin market flow?
The impact on bitcoin you are going to detect when a big country is next to bankrupticy, no when a rich country move on a different economical law.
I think that decrease in confidence in fiat money and traditional financial system only increases interest in Bitcoin, as an asset that is higher than this conventional system. Those who have a surplus of euro will convert them into cryptocurrencies. A similar situation is observed in Venezuela, Turkey and Iran.
i dont know that bitcoin will affected by brexit, in my opinion bitcoin wouldn't affected by brexit, but it just my opinion, maybe if you think that bitcoin will affected by brexit we dont know too, we need to see by our eyes is the brexit affect bitcoin?
in direct connection there will certainly not be any impact at all on Bitcoin or crypto widely, but if talking about indirect connection is rather difficult because it covers very many aspects involved here, but it cannot be denied that regulation makes Brexit a comfortable home for crypto users.
A small country like the UK can't have a big impact on something which runs all around the world (e.g. internet, bitcoin, ...).
in terms of size, the area is relatively small if you compare it to China but in terms of economic strength, the UK cannot be underestimated, especially with the power of Commonwealth.
I think, brexit will not affect the bitcoin market, brexit is not part of something that can affect the crypto market.
we will wait for a bullish market when the demand value becomes high. not because of brexit.
we will wait for a bullish market when the demand value becomes high. not because of brexit.
I don't see any connection between brexit and cryptocurrencies. Britain isn't even a huge crypto market. I dare to say that if GB were to heavily regulate cryptocurrencies and limit people's access through KYC, we wouldn't face a huge move in price. It would of course be a different story if the new policy happened to coincide with a natural correction.
Brexit won't even impact Britain's economy very much. They will lose on some grounds and gain on other. I think long term it will be better for them.
Brexit won't even impact Britain's economy very much. They will lose on some grounds and gain on other. I think long term it will be better for them.
Bitcoin is like a litmus test in the economic and political world.All major events in the world greatly affect it.Brexit is no exception.Especially given the sphere of England's influence on the world.
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