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Topic: Is brexit gave an impact to bitcoin's price? (Read 624 times)

legendary
Activity: 2170
Merit: 1427
Why do people keep coming up with BREXIT this and BREXIT that? It doesn't affect the price of Bitcoin at all. Right now it's just the block halving that people are interested in. Everything else right now is not important for them.
legendary
Activity: 840
Merit: 1000
I just want to know how brexit can give an impact for our "Lovely coin". Is it positif or negatif?
Thanks.

I don't think that Brexit impacts the bitcoin price to get higher and higher but it affected a little especially the recent crash but maybe also made people think that they are unsafe holding their money in the bank and so they started moving to bitcoin, the halving has more power to increase the bitcoin's price. I hope Chinese big traders will give a pump to the bitcoin price starting from the next week.
hero member
Activity: 1106
Merit: 521
i dont think that Brexit has had any effect on the price of bitcoin.  we will have to see as time goes on. tho
sr. member
Activity: 476
Merit: 250
I did not see any substantial difference in both bitcoin trade volume or the price, which means bitcoin is not used by the traders to invest it.
Else we could easily have seen the price go up with 15 %
hero member
Activity: 910
Merit: 525
Did you see how the US stock market crashed for 2 days because of it...and then rebounded even higher?  I wouldn't trust any market movements based on political news.  Same with bitcoin although we've also got the halving and a bunch of other things going on.

OP, practice your English.  But your attempted murder of it was what attracted me to this thread in the first place,  so mission accomplished I guess.
Grin Thankyou master.
Thanks for the critical, thanks for your information.
I Will learn more for my english
legendary
Activity: 1582
Merit: 1064
Did you see how the US stock market crashed for 2 days because of it...and then rebounded even higher?  I wouldn't trust any market movements based on political news.  Same with bitcoin although we've also got the halving and a bunch of other things going on.

OP, practice your English.  But your attempted murder of it was what attracted me to this thread in the first place,  so mission accomplished I guess.

Yes... Markets tend to react excessively to bad news, but rebound quickly.
Although, I would say brexit has the potential to change the underlying fundamentals and therefore have a lasting impact on markets.
legendary
Activity: 3528
Merit: 7005
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Did you see how the US stock market crashed for 2 days because of it...and then rebounded even higher?  I wouldn't trust any market movements based on political news.  Same with bitcoin although we've also got the halving and a bunch of other things going on.

OP, practice your English.  But your attempted murder of it was what attracted me to this thread in the first place,  so mission accomplished I guess.
legendary
Activity: 1414
Merit: 1001
I just want to know how brexit can give an impact for our "Lovely coin". Is it positif or negatif?
Thanks.
if you see the time that has passed I think there is currently no tangible impact. but I'm sure one day when the English are completely separated from the euro, the impact will be seen. even though only slightly.
hero member
Activity: 994
Merit: 502
Well in my opinion it helped gave an impact to bitcoin's price. Along with it are the chinese people who helped give an impact to bitcoin's price before halving. IMO though it can rise more this coming halving.
You r the second who mentioned Chinese people, like they buy lot of Bitcoins now. Could somebody explain me why such a big interest from the side of China people to bitcoin and from where you took that information that they buy bitcoin a lot?
It's just my curiosity, but thank you in advance.
Yes this is the issue that lot of member talk about.
If chinese people buy bitcoin more than people in europe, brexit is nothing.
A large amount of bitcoin trading occurs in China, so any yuan changes will have an effect on the price of bitcoin. Bitcoin's climb alongside a Brexit vote has led some to declare it as a safe haven for investors.
hero member
Activity: 770
Merit: 500
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I just want to know how brexit can give an impact for our "Lovely coin". Is it positif or negatif?
Thanks.

well personally i think that brexit had impact on bitcoin's price, just i don't think that it is very large,  i mean people  in uk started to buy bitcoins now but they don't buy lots of them to change price

i think that price is that large now because of halving, as people in whole world buys bitcoins now so they actually move price of bitcoin, like 100$ price rise in 2 weeks
hero member
Activity: 910
Merit: 525
Well in my opinion it helped gave an impact to bitcoin's price. Along with it are the chinese people who helped give an impact to bitcoin's price before halving. IMO though it can rise more this coming halving.
You r the second who mentioned Chinese people, like they buy lot of Bitcoins now. Could somebody explain me why such a big interest from the side of China people to bitcoin and from where you took that information that they buy bitcoin a lot?
It's just my curiosity, but thank you in advance.
Yes this is the issue that lot of member talk about.
If chinese people buy bitcoin more than people in europe, brexit is nothing.
hero member
Activity: 1078
Merit: 514
Well in my opinion it helped gave an impact to bitcoin's price. Along with it are the chinese people who helped give an impact to bitcoin's price before halving. IMO though it can rise more this coming halving.
You r the second who mentioned Chinese people, like they buy lot of Bitcoins now. Could somebody explain me why such a big interest from the side of China people to bitcoin and from where you took that information that they buy bitcoin a lot?
It's just my curiosity, but thank you in advance.
hero member
Activity: 910
Merit: 525
I just want to know how brexit can give an impact for our "Lovely coin". Is it positif or negatif?
Thanks.
The only way I can see bitcoin impacting Brexit is the number of Brit's travelling to Europe and using their bitcoins to book or buy shit there.Apart from that,don't think its affecting it.Your inbound economies could suffer a big impact but not bitcoin.
Cheesy Cheesy nice one bro. i think this thread is close now.
problem solved.
hero member
Activity: 910
Merit: 1000
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I just want to know how brexit can give an impact for our "Lovely coin". Is it positif or negatif?
Thanks.
The only way I can see bitcoin impacting Brexit is the number of Brit's travelling to Europe and using their bitcoins to book or buy shit there.Apart from that,don't think its affecting it.Your inbound economies could suffer a big impact but not bitcoin.
legendary
Activity: 1246
Merit: 1000
I just want to know how brexit can give an impact for our "Lovely coin". Is it positif or negatif?
Thanks.

It did give a positive impact, if you look at the price movement around the time brexit happened.
With all the uncertainty around, people looked at bitcoins.
legendary
Activity: 2590
Merit: 1022
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hey i think that perhaps they helped a bit, but the primarily reason is the hype for the halving and chinese that are transfering their money in bitcoin, bitcoin is right now one of the best safe heaven, together with gold, it make sense for many to move their funds there
hero member
Activity: 910
Merit: 525
I just want to know how brexit can give an impact for our "Lovely coin". Is it positif or negatif?
Thanks.
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