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Topic: How Brexit will impact bitcoin - page 3. (Read 536 times)

member
Activity: 532
Merit: 15
October 04, 2018, 11:47:12 AM
#16
Why would Brexit even have any influence or impact on Bitcoin?
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
October 04, 2018, 11:27:39 AM
#15
A small country like the UK can't have a big impact on something which runs all around the world (e.g. internet, bitcoin, ...).

I also don't believe we're going to see any impact, especially since it's going to be a lengthy process that is already making the headlines for years but...small country?Shocked
We're still talking about the 5th country in the world by GDP!!!

If people in UK wants to transfer money to people residing in Europe then they will need to exchange the currency which might be a burden.

Yeah, rather than changing pounds to euros they would change pound to BTC and then BTC to euros.
If the UK remains in the EEA they will still have access to SEPA which is pretty fast and cheap.
sr. member
Activity: 798
Merit: 250
October 04, 2018, 09:25:45 AM
#14
The economic and political turmoil of some big countries is affecting the currency, Bitcoin is not immune to that, the best way is to confront and find the right solution!
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
October 04, 2018, 09:12:27 AM
#13
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?
What the below person said is quite true.

How (and why) should a country leaving the EU have an (technology- or financial-based ?) impact on bitcoin ?

I don't see a single scenario where this would have an impact. Even if there was a specific political change which would affect bitcoin, those impacts would only be temporarily.
A small country like the UK can't have a big impact on something which runs all around the world (e.g. internet, bitcoin, ...).


I would be glad to hear your point of view - why and how the brexit could impact anything regarding bitcoin.




In fact, I think that this should benefit bitcoin now if UK plans to have a of their own.
If people in UK wants to transfer money to people residing in Europe then they will need to exchange the currency which might be a burden.
Bitcoin could be used here as a savior. Just a possibility Grin which is hard to happen.
I don't think Brexit will make any huge impact on bitcoin and if you think does then do share your opinion.
legendary
Activity: 3038
Merit: 1169
October 04, 2018, 09:09:16 AM
#12
There are deviations that one may never know the impact of the UK if they would leave EU would be, If its gonna impact the price of bitcoin or not, Well in my opinion there may be a small impact regarding the price of bitcoin but I think we can not feel the pressure of it, But I guess there will be a slight chance with the price, Aside that many are saying that it will not have a significant drop over the price is because many hodlers would protect their investment and would tap up bitcoin from their other investment if this things would happen.
legendary
Activity: 1792
Merit: 1283
October 04, 2018, 08:46:44 AM
#11
I personally do not see any reason why Brexit would have any sort of effect on the crypto market.
I mean, I see people responding that it will, but I've not seen them give any sort of reasoning behind those thoughts.

Haven't got the slightest idea how it has anything to do with crypto to be honest.
full member
Activity: 476
Merit: 100
October 04, 2018, 08:38:01 AM
#10
if the news from the UK is related then this will greatly affect the price of Crypto and it can be ascertained that Crypto will be dropped again in the near future. Hopefully this news will have its own option in the world of cryptocurrency.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
October 04, 2018, 08:16:51 AM
#9
The only impact I can see it having is if the UK economy falls off a cliff and the value of Pound Sterling plummets with it.  That outcome would certainly drive increased adoption as people look to secure their wealth in Bitcoin.  People will naturally flock to something that is highly resistant to political and economic turmoil.  There certainly shouldn't be any negative impacts on Bitcoin, though.
member
Activity: 210
Merit: 19
October 04, 2018, 06:44:55 AM
#8
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?
Brexit,British parliament,British Prime Minister and even the Queen doesn't have any impact on the bitcoin,this is a decentralized system,that government doesn't have control over..

  Yeah some factors trigger the rise and fall of bitcoin and subsequent cryptocurrencies,But I'm sure Brexit wouldn't be one of them
legendary
Activity: 1624
Merit: 2481
October 04, 2018, 06:44:06 AM
#7
How (and why) should a country leaving the EU have an (technology- or financial-based ?) impact on bitcoin ?

I don't see a single scenario where this would have an impact. Even if there was a specific political change which would affect bitcoin, those impacts would only be temporarily.
A small country like the UK can't have a big impact on something which runs all around the world (e.g. internet, bitcoin, ...).


I would be glad to hear your point of view - why and how the brexit could impact anything regarding bitcoin.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
October 04, 2018, 05:41:27 AM
#6
It’s not likely to have any impact at all, neither positive nor negative. We’re waiting for something else to start the next bull run. It definitely won’t be BREXIT though.
legendary
Activity: 2184
Merit: 1302
October 04, 2018, 05:00:29 AM
#5
With the disagreement and  resignation of profilic members of the UK government
The UK government have no effect whatsoever on the price or value of the bitcoin,this is purely politics and should be better suited in politics and society.
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?
Nope,britain exiting the European Union doesn't affect the bitcoin market,if you feel it will, you put forth your reasons,and it'll be up for discussion.
legendary
Activity: 3514
Merit: 1548
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October 04, 2018, 04:56:18 AM
#4
Yes, the brexit in my opinion, was not a well-conceived solution, but United Kingdom and the European Union I think it will be arranged neatly, and will send out all the problems that have arisen for such a solution. But talking about Bitcoin, I do not think that this will have some effect on his market.
copper member
Activity: 143
Merit: 1
Crypto24Radio.com ❤️
October 04, 2018, 04:48:55 AM
#3
I don't see a reason why Brexit should really impact Bitcoin in any way.
newbie
Activity: 5
Merit: 0
October 04, 2018, 04:43:21 AM
#2
I don't think Brexit will impact Bitcoin per se.

In fact, I suspect the UK will need to position itself more favourably (regulation, etc.) within the Blockchain space as it looks to spur innovation/new revenues/capital. It treasures it's financial services, and going forward it will need to adapt to the potential exodus that could happen post Brexit by offering favourable regulation. So it could benefit bitcoin that way.
newbie
Activity: 154
Merit: 0
October 04, 2018, 04:36:11 AM
#1
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?
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