Re: Bitcoin is de-facto new asset class and Brexit confirmed it
Hi,
I think Brexit confirmed that Bitcoin is de-facto new asset class and is in the same group with Gold - if you look at what Gold is doing (spikes most in 7 years, 27monhts heights) Source: http://www.zerohedge.com/news/2016-06-24/gold-spikes-most-7-years-27-month-highs.
Just in case you didn't notice - Bitcoin added 100 USD to its value in less than 12 hours (from 575 USD at 18:00 UTC to 675 USD 7:00 UTC the next day - Bitstamp).
If you say it's not connected with Brexit I don't buy it.
Opinions?
I think Brexit confirmed that Bitcoin is de-facto new asset class and is in the same group with Gold - if you look at what Gold is doing (spikes most in 7 years, 27monhts heights) Source: http://www.zerohedge.com/news/2016-06-24/gold-spikes-most-7-years-27-month-highs.
Just in case you didn't notice - Bitcoin added 100 USD to its value in less than 12 hours (from 575 USD at 18:00 UTC to 675 USD 7:00 UTC the next day - Bitstamp).
If you say it's not connected with Brexit I don't buy it.
Opinions?
>Unironically quotes Zerohedge
But yeah, perfect backstory for a pump. Though proving a bit anemic, expected a bit more.
honestly I don't think it matters much who is quoted as long as it's easily verifiable truth (which this one is - it's a market number)
Sure it matters who you quote. If we were talking history, and you quoted stormfront or /pol/, I won't take you quite as seriously as I otherwise might. Even when the quote itself is factually accurate.
Not how it should be, but, nevertheless, that's how it is.
On to factual accuracy: Gold was climbing all year long. Zoom out.
Bitcoin had a 25% dump days before the results came in, also rebounded $100 before the results came in, and, after the results came in and the outcome was clear, remained absolutely flat.
Explain how this supports your assertion.