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Topic: Affection of War to Bitcoin? (Read 618 times)

legendary
Activity: 3346
Merit: 3130
January 06, 2020, 10:56:19 PM
#70
I think a war would bump the bitcoin price because some countries who hit an economic crisis in the war would move all their money or at least a big part of it to bitcoin, other ways banks from other countries could freeze their money.

War moves tons of money and if that money is moved with bitcoin then would be easy to see btc at $100k
hero member
Activity: 1400
Merit: 674
January 06, 2020, 10:39:44 PM
#69
in the past the concentration of aggression was very thick with the destruction of infrastructure by risking the lives of soldiers. Right now, everything can be melted down with just one nuclear button, or an unmanned drone, that's terrible. the purpose of assets here is to save something that is reliable after the war ends before the internet infrastructure is completely destroyed, and then concentrate on being able to survive, correlatively, bitcoin is the only asset that is neutral and is not influenced by official interests so the value and demand will increase.
full member
Activity: 518
Merit: 102
January 06, 2020, 05:31:28 PM
#68
Remember when the Bitcoin price peaked. There was no war. The US was pursuing a loose dollar policy. How will the battle be reflected in bitcoin? It's hard to know. Bitcoin rises if it is perceived as gold. However, Bitcoin may be adversely affected if the Dollar rises too much.
full member
Activity: 2128
Merit: 180
January 06, 2020, 04:24:50 PM
#67
Two world wars before nuclear weapons Not yet popular, but now, the world has tens of thousands of nuclear weapons. Pray that World War 3 will not happen because it could be destruction. And bitcoin and humans may also disappear.
Exactly, its not safe for all of us if WW3 happen because of so many advance technologies that can kill many people is just a seconds. Bitcoin can’t become successful if the people holding it already dies because of the war, I can’t imagine the world on this scenario. Let’s hope for a better nation, and stop the war just use bitcoin for a better.
sr. member
Activity: 728
Merit: 254
January 06, 2020, 02:30:37 PM
#66
Two world wars before nuclear weapons Not yet popular, but now, the world has tens of thousands of nuclear weapons. Pray that World War 3 will not happen because it could be destruction. And bitcoin and humans may also disappear.
The present days can be ready dangerous to have war because countries like them are prepared and already invested a lot with different weapons like nuclear weapons. It's really dangerous especially with technological advancement! That's what makes it more scary to think than the effect of it with Bitcoin. You'll have to make sure you're safe first before worrying about the price. There could be mix effect with it. It can rise but in the end might be falling. We'll never know
full member
Activity: 312
Merit: 109
arcs-chain.com
January 06, 2020, 02:04:14 PM
#65
I doubt that the people of South-East Asia will join the war because they lack good armies.
Southeast Asia is a peaceful region where there is no war, although they are truly militarily weak
Yes, if there's going to be a 3rd world war, it's only the Americans, Europeans and 2 Asian countries, China and Russia. If you're from South East Asia, just enjoy the market changes and keep an eye on it. Recently, there is a pump happened in the market and I think many investors from the SEA takes it as an opportunity. It is the advantage of certain countries that  do not have too much power, far away from war. The whole world war 3 situation that is spreading in the internet is exaggerated and some of the people think it is very non-sense.
sr. member
Activity: 1050
Merit: 277
January 06, 2020, 01:50:27 PM
#64
There will be much more important things to think about kike surviving. People will be out to work to make the things the army would need for war. No more mining bitcoin bit rather making ammunition or tanks or something. I dont think there will be a ww3 anytime soon so we all still safe. Most of us will probably not be involved anyway. Crypto will take a hit just like every other industry during a war. Crypto is no different.
sr. member
Activity: 1120
Merit: 255
January 06, 2020, 11:42:22 AM
#63
I think Bitcoin is the best place for flight capital and haven capital for those in Iran wishing to protect their assets, and that alone is enough to drive Bitcoin back towards it's previous and all-time highs. Then there is the exaggerated Beta of Bitcoin that will draw in the global speculators and their wall of money, so that in an extended and fraught US and Iran conflict only one thing is certain about the price of Bitcoin and that is, it will be far higher than it is now.
sr. member
Activity: 2506
Merit: 368
January 06, 2020, 11:08:08 AM
#62
Two world wars before nuclear weapons Not yet popular, but now, the world has tens of thousands of nuclear weapons. Pray that World War 3 will not happen because it could be destruction. And bitcoin and humans may also disappear.
I highly doubt that the highest officials will allow the use of nuclear weapons in a war. The effect of radiation is very dangerous to the planet and to the people. I think Iran just plan a retaliation not to the US but only to head of Trump. I don't know if it's true that they put a bounty on the US president's head just to finish the war.

Bitcoin will still get affected if the internet suddenly disappear.
full member
Activity: 438
Merit: 100
arcs-chain.com
January 06, 2020, 10:58:00 AM
#61
Two world wars before nuclear weapons Not yet popular, but now, the world has tens of thousands of nuclear weapons. Pray that World War 3 will not happen because it could be destruction. And bitcoin and humans may also disappear.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
January 06, 2020, 10:41:58 AM
#60
No one is totally owning the internet or having the most power over the internet as it is based solely on our discretion to believe things and propaganda that people are telling the world via internet. Though, the safest way to store our money basically is the internet, I believe there will be a time where banks could be shut of and cryptocurrency would be a great help to sustain living, or if internet could be compromised because of the war, it is because the ISP's aren't working anymore, thus, it will still serve to keep our money on the network and will be considered as the most reliable storage of our bitcoins.
sr. member
Activity: 952
Merit: 274
January 06, 2020, 05:59:29 AM
#59
Some of people predict if world war 3 happens then it will be the biggest war in the world because weapons technology will be very sophisticated so the impact for the countries itself will be very high and in my view because chaos everywhere then people only to thinking how to survive from this war so probably they never thinking to save their bitcoin or their wealth because their life is more valuable than bitcoin itself so i predict the effect of world war 3 for bitcoin is can makes bitcoin useless because people too concern for their life
We do not yet know what will happen to the price of the bitcoin if the war happen but one thing is sure there is an impact to the cryptocurrency market we do not just know if the impact is great or just small. Cryptocurrencies are mostly decentralized so there is no government that backed the cryptocurrency and also there is no government or insitutions who can control it.
newbie
Activity: 40
Merit: 0
January 06, 2020, 03:05:06 AM
#58
I don't think that both countries will play for full-fledge war instead proxy war or enterprise war. It Will not arrange thrid world war..This type of war will not affect over the crypto and blockchain industry.

On the other hand, if us and Iran are start war then it will not  affect over bitcoin or crypto industry.😉😉
jr. member
Activity: 36
Merit: 1
January 06, 2020, 02:53:39 AM
#57
https://www.coincurb.com/news/bitcoin-price-jump-after-us-attack/
Bitcoin is a decentralized currency, US and Iran conflict won't have much impact. Plus Iran market is too small and slow to effect Btc price.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
January 06, 2020, 02:09:25 AM
#56
Some of people predict if world war 3 happens then it will be the biggest war in the world because weapons technology will be very sophisticated so the impact for the countries itself will be very high and in my view because chaos everywhere then people only to thinking how to survive from this war so probably they never thinking to save their bitcoin or their wealth because their life is more valuable than bitcoin itself so i predict the effect of world war 3 for bitcoin is can makes bitcoin useless because people too concern for their life
hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
January 05, 2020, 11:17:47 PM
#55


Basically, if there's a war, most people will die, do you think they're going to end up thinking about their cryptocurrency investments? No!
The importance of cryptocurrency at that time will actually fade and the market will fall. All of the people will just worry about the biggest problem which is the war.
Okay, all this was my view only when the US and Iran have a massive war so what's yours?


During World War 2, gold was in huge demand as it was portable money that was accepted everywhere (whereas fiat from one country might not be accepted in another).

Many jewish people got out of Germany carrying some gold on their person - they were forced to sell their property for a fraction of it's worth, so basically in a crisis like that, gold was the only asset worth having because you could hide it and carry it with you.

I'd say bitcoin functions in the same way (in that you can exchange it anywhere in the world).

Regarding "the internet going down" - it was designed to work even if some cables get cut off and even if electricity is down in some areas. You would need to take down electricity all over the world and cut the cables all over the world, for the internet to go down. Which is extremely unlikely.

I've never been a believer in this gold = BTC thing. I think they are extremely different, honestly about as different as hard currencies get. And if I had to speculate as to what would be more valuable in 1000 years from now, an equivalent amount of gold or BTC, despite being a huge BTC bull I think it would be suicidally stupid to guess BTC.

The fact that gold was hoarded only proves my point further torwards hard assets. Of which I don't think Bitcoin is "hard" yet. It's survived a decade, that's great, but it'll need to do quite a bit more to be the safe haven asset that gold is.
sr. member
Activity: 882
Merit: 268
January 05, 2020, 11:03:14 PM
#54
the trigger for world war is that there is no longer a peaceful path between the two parties who have their respective allies. When discussing continuing tensions between the US and Iran, it will be the same as the previous US and Afghanistan polemic, the impact of the tension does not spread throughout the world. What I read yesterday was the anticipation of the conversion of assets into bitcoin before the tension became more complicated, whatever happened, only to hope to be able to withdraw assets with the same value when finally conditions returned to normal.
sr. member
Activity: 700
Merit: 254
January 05, 2020, 10:45:52 PM
#53
What's going to happen to cryptocurrencies or specifically bitcoin if World War 3 is going to happen? That's the first issue I think pop-ups because of a lot of headlines about the US-Iran war.
If you want to read the information where did it started, here it is:

The government will usually focus on manufacturing in war materials in the war culture, and most likely some countries' economic status will go down and some will go up.

I think this war's effect for the cryptocurrency is when the war ruined the internet, which is the global network, where even the cryptocurrency is reliant on most citizens. Most of the business we're running on the internet today, all of the company's important files are also uploaded to secure internet storage. The internet is the most powerful invention and most of the devices today rely on the power of the internet. Due to the internet, even the blockchain network is processing because there is no possibility that the chain network will run on its own without the internet.

Basically, this proves that; No Internet No Blockchain


I'm not finished yet...
Basically, if there's a war, most people will die, do you think they're going to end up thinking about their cryptocurrency investments? No!
The importance of cryptocurrency at that time will actually fade and the market will fall. All of the people will just worry about the biggest problem which is the war.
Okay, all this was my view only when the US and Iran have a massive war so what's yours?

If world war 3 gonna happen once internet got affected in to it bitcoin will gonna die because we all know that electricity and internet is most source of bitcoin. So if that happen bitcoin will stop and no more can use there bitcoin and no one can trade bitcoin will be stop and no more use. I think many are worrying in that time and many are getting to sad.
hero member
Activity: 1344
Merit: 565
Leading Crypto Sports Betting & Casino Platform
January 05, 2020, 10:39:30 PM
#52
I think if it will only be between Iran and the US, it will not be a full-blown war. Iran will be flexing all her muscles while the US will only lift a finger and we still know which side the tide will favor. This will just become another rape case in the Middle East, a total annihilation against a helpless opponent.
We aren't sure if that will gonna happen since advanced technology is growing vastly, which means there are more advanced weapons that can instantly cause massive destruction. They have allies also, which is Russia and many more that can do that for them when needed.
This is clearly a meaningless war that Trump is creating, but Iran is too weak to fight, even though they have allies, but I think there is no fight from their allies. Russia or any other country will not fight. All did not want to lead to a big war.

I doubt that the people of South-East Asia will join the war because they lack good armies.
Southeast Asia is a peaceful region where there is no war, although they are truly militarily weak
Gonna change the thread subject to "Affection of War to Bitcoin" since it is true that it's very far away to have WWIII.
I have not see a perspective of World War III, it's all just an exaggeration of everyone
legendary
Activity: 1778
Merit: 1009
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January 05, 2020, 02:06:42 PM
#51
Well, yes you guys have a different perspective on this situation and I guess there's nothing wrong with my perspective since it's my opinion only.
I think if it will only be between Iran and the US, it will not be a full-blown war. Iran will be flexing all her muscles while the US will only lift a finger and we still know which side the tide will favor. This will just become another rape case in the Middle East, a total annihilation against a helpless opponent.
We aren't sure if that will gonna happen since advanced technology is growing vastly, which means there are more advanced weapons that can instantly cause massive destruction. They have allies also, which is Russia and many more that can do that for them when needed.
I doubt that the people of South-East Asia will join the war because they lack good armies.
It might be true, the Philippines doesn't have good weapons even strong helmet and bulletproof kevlar.  Roll Eyes

Gonna change the thread subject to "Affection of War to Bitcoin" since it is true that it's very far away to have WWIII.
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