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Topic: Any impact of the Russian SU24 shot down by Turkey (NATO)? (Read 1750 times)

hero member
Activity: 700
Merit: 500
No big impact from the shoot down. The shoot down does not even affect the stock market for a few days.

Well it doesn't hurt that Putin said he wishes to resolve this tactfully using diplomacy.
https://www.rt.com/op-edge/323366-turkey-russians-feel-betrayed/
That said he is irritated about the jet and is putting pressure on Turkey and how it trades with ISIS oil and other products although that has been known by everyone for a while.

Meanwhile Bitcoin carries on absent a WWIII scenario this is pretty neglible.
full member
Activity: 421
Merit: 100
No big impact from the shoot down. The shoot down does not even affect the stock market for a few days.
legendary
Activity: 1424
Merit: 1001
If we see a world war next years it has the biggest effect for Bitcoin. But specifically this action takes no effect in short term.
legendary
Activity: 2562
Merit: 1071
Until Russia counter and Turkish is condemned for violations of Geneva Code when they killed 2 pilots that were falling with parachutes, no.

So I think you still have some hours to take your position

Actually, one of the pilots has been rescued by Syrian and Russian special forces, while the other was apparently killed, on the ground, by Turkmen rebels (whom Turkey is supporting in their fight against the Syrian government, and Russia attacking) - whether or not he was given the chance to surrender, as required by international law, I don't know.

As for Russia's counter, I imagine it will follow somewhat along what gurcani implied: resource access and economic punishment (even though I doubt it will be that drastic, or immediate; I don't believe destabilizing Turkey is really in Russia's interests - at least for now).

So, I doubt bitcoin will be affected by this, one way or the other.
legendary
Activity: 1498
Merit: 1030
I don't see this event itself having an impact.

 If Putkin is STUPID, err, POLITICALLY SUICIDAL enough to try to escalate it, THAT might have one.

 Russia was definitely stronger at the start of WW II, but had leadership issues due to Stalin's purges of the 1930s.
 Russia was probably stronger at the start of WW I, but had major internal dissention issues that made it's political will very weak, leading to it's surrender that was one of the immediate triggers for it's REVOLUTION shortly after that surrender.

 Today, it has a military with very poor training, a small amount of experience against very weak opponents, but has a rather large WMD arsenal that makes it potentially very dangerous.
 Even so, I don't think Putkin is stupid enough to piss off NATO to the point of starting a war - deliberately.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
For all people who are saying is it a new world war, do you think that Russia now is as strong as during the world war I and II to start such war ?


Yes most definitely they are. Not just that, but with the nuclear weapons you have at the moment many more countries besides the US and Russia who are able to make this whole planet a history, and to do so very fast.

About the Bitcoin price, I don't see why would this have any effect on the price!
legendary
Activity: 3248
Merit: 1070
i don't believe anymore on external news to have an impact on the price, is just potent guy that are playing with the market and let you think otherwise, but the price is increasing in a strange way it look very articulated

perhaps is done for the miners
hero member
Activity: 700
Merit: 500

dunno, why one of the oldest members here is not giving single fuck to basic rules..

It bypasses normal rules in my opinion since this could escalate fairly quickly into a serious diplomatic incident.
Perhaps not a WWIII but if things go hay wire even Bitcoin would be impacted in a worst case scenario hence its speculation that said perhaps Politics and Society does make more sense.
Either way the media is having a field day on this.
sr. member
Activity: 392
Merit: 250
Can we have a dedicated sub forum devoted entirely to totally unrelated world events and the effect they might have on a microscopic market that almost the entire world doesn't know or care about?

legendary
Activity: 1456
Merit: 1023
Due to this news as of now oil prices went up and most of the travel companies and airlines share prices came down because of safety concerns for travellers. But I don't think this news will impact much on btc prices. Btc prices are not depending on all these individual countries personal issues.
legendary
Activity: 1036
Merit: 1001
/dev/null
Can we have a dedicated sub forum devoted entirely to totally unrelated world events and the effect they might have on a microscopic market that almost the entire world doesn't know or care about?

there is one: Bitcoin Forum > Other > Politics & Society

dunno, why one of the oldest members here is not giving single fuck to basic rules..
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Can we have a dedicated sub forum devoted entirely to totally unrelated world events and the effect they might have on a microscopic market that almost the entire world doesn't know or care about?
legendary
Activity: 1722
Merit: 1000
For all people who are saying is it a new world war, do you think that Russia now is as strong as during the world war I and II to start such war ?


Don't need to be, all they need is to drag Euro / NA into war and have their ally to the south take over as the world reserve currency.  The they will be the little brother to the dragon, a position I am sure they would gladly fill.
hero member
Activity: 658
Merit: 500
there will surely be no price impact
full member
Activity: 167
Merit: 100
https://en.wikipedia.org/wiki/Montreux_Convention_Regarding_the_Regime_of_the_Straits

somebody help to understand this convention. If turkey is in war it changes the access to the strategically important nearby black sea and mediterranean sea.

Cui bono?

yeah. It concerns the  bosphorus strait (and marmara sea and the dardanelles). If Turkey is in war, it can act as it wants in terms of the passage of military ships accross the bosphorus. It still has to allow passage of civillian vessels belonging to third countries.
hero member
Activity: 681
Merit: 507
https://en.wikipedia.org/wiki/Montreux_Convention_Regarding_the_Regime_of_the_Straits

somebody help to understand this convention. If turkey is in war it changes the access to the strategically important nearby black sea and mediterranean sea.

Cui bono?
legendary
Activity: 1512
Merit: 1012
Impact ? No Impact ... it's war ... Bitcoin is against any war.
Proof : https://www.youtube.com/watch?v=joITmEr4SjY
legendary
Activity: 2660
Merit: 1074
Until Russia counter and Turkish is condemned for violations of Geneva Code when they killed 2 pilots that were falling with parachutes, no.

So I think you still have some hours to take your position
full member
Activity: 167
Merit: 100
If you happen to have some Turkish Liras. It would make sense to exchange them with bitcoins right now.

Russia is Turkey's largest natural gas supplier, with Ankara buying 28-30 billion cubic meters of its 50 bcm of natural gas needs annually from Russia.  Turkey imports Russian gas primarily through two pipelines, one passing through the northwestern region of Thrace, the other entering Turkey from under the Black Sea.

"No gas entry from Thrace means the end of Turkey as that gas pipeline feeds all of Istanbul and the Marmara region. There is no alternative pipeline system that can bring this gas."
hero member
Activity: 770
Merit: 500
Forza Roma
I saw this. And I don't know what you mean about impact of what?
If bitcoin I don't think so but impact about waar a little bit. What happend in Paris I am just scared that war will happend.
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