Jul 16 2016 at 11:23
Magixs I absolutely agree with you. Great Britain does not want to be on a sinking ship and pay for it. Enough to mention that almost all the young people of Eastern Europe and Baltic countries go to live and work in Great Britain. In addition, the UK does not want to be under German in a world where everything is changing quite quickly. They are fighting for their power to influence the world
sparkerse@
Jul 17 2016 at 12:12
mlawson71 posted:
To follow up on the previous question about Bitcoin:
A recently published study from Juniper Research – a UK consulting and analysis company specializing in the identification and appraisal of high growth opportunities – says that the total value of Bitcoin transaction would triple by the end of this year. It is expected that to exceed $92 billion, up from $27 billion in 2015. (https://smnweekly.com/2016/07/13/analysts-on-bitcoin-the-one-to-watch-transaction-value-to-tripe-by-end-2016/) And according other big name analysts the cryptocurrencies continue to gain popularity, but the Bitcoin “is the one to watch”. They forecast that the effect of the Pound’s fall might drive further the value of the Bitcoin. According to them, it could reach $900, which would be close to the historical high of $1132 in December 2014.
Interesting mlawson71, thanks for the read.
Anyone here holding bit coins for longer term?
and Hero76, agreed, and no one on the leave side thought it would be an immediate positive, but a longer term gain. Something the stay people don't seem to get yet.
Keep at it
Jul 17 2016 at 15:52
I've been demo trading for about 5 years but it has been only recently in the last year that I started paying attention to the fundamentals. Since the time I started paying attention, the BREXIT is the most memorable event. My question is: isn't there always some sort of catastrophic event happening in the markets? What were some of the last few significant events from history? (I'm asking, I don't know)
Jul 17 2016 at 15:55
RMC3WLP68T posted:
I've been demo trading for about 5 years but it has been only recently in the last year that I started paying attention to the fundamentals. Since the time I started paying attention, the BREXIT is the most memorable event. My question is: isn't there always some sort of catastrophic event happening in the markets? What were some of the last few significant events from history? (I'm asking, I don't know)
There are a few of those from time to time, yes. Like Brexit and the unplugging of the CHF from EUR (this caused many brokers to go bankrupt), some of the events are more gradual, like the start of the US rate hike cycle and the Euro rate cut continuation.
Jul 17 2016 at 15:59
stian, how many significant events do you estimate occur each year? When did the CHF unplug from EUR and also, what does that unplugging actually mean? As for the more gradual events like rate hikes and cuts, I'm guessing that is just business as usual. I'm trying to figure out how many and how often are the out-of-ordinary events like BREXIT and CHF Unplug.
Jul 17 2016 at 16:08
Sorry, unpegged. EURCHF was capped at 1.20 till 15 January 2015. The CHF rose 30% when this was removed.
The major events like Brexit aren't all too common. There have been one in 2016 (Brexit), one in 2015 (CHF unpeg). arguably one in 2014 (ruble voletility, leverage limited), none in 2013 (government shutdown didn't really cause much action), none in 2012 either, a few in 2011 (like the introduction of the CHF peg).
The major events like Brexit aren't all too common. There have been one in 2016 (Brexit), one in 2015 (CHF unpeg). arguably one in 2014 (ruble voletility, leverage limited), none in 2013 (government shutdown didn't really cause much action), none in 2012 either, a few in 2011 (like the introduction of the CHF peg).
Jul 17 2016 at 16:10
stian posted:
Sorry, unpegged. EURCHF was capped at 1.20 till 15 January 2015. The CHF rose 30% when this was removed.
The major events like Brexit aren't all too common. There have been one in 2016 (Brexit), one in 2015 (CHF unpeg). arguably one in 2014 (ruble voletility, leverage limited), none in 2013 (government shutdown didn't really cause much action), none in 2012 either, a few in 2011.
Cool, good to know. I'll have to research those and learn about history a bit.
Jul 18 2016 at 04:32
Well I think in that case a lot of response to USA elections which is coming this year. Situation in States is very unstable just have a slightly look at news. But I think almost everyone understands who is going to be next president here and what kind of politic trend will be chosen
sparkerse@
Jul 18 2016 at 07:12
Hero76 posted:
Well I think in that case a lot of response to USA elections which is coming this year. Situation in States is very unstable just have a slightly look at news. But I think almost everyone understands who is going to be next president here and what kind of politic trend will be chosen
I don't know, who is going to be the next president? lol
Jul 18 2016 at 08:52
RMC3WLP68T posted:Hero76 posted:
Well I think in that case a lot of response to USA elections which is coming this year. Situation in States is very unstable just have a slightly look at news. But I think almost everyone understands who is going to be next president here and what kind of politic trend will be chosen
I don't know, who is going to be the next president? lol
Clinton is having a major lead in general election polls (only exception this month was Rasmussen Reports?), and 4.5 point lead in RCP 4-way average.
Don't think the result will affect the market much.
