Bitcoin stability - page 3. | Bitcointalksearch.org

hugeblack

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We do not live in a separate world. Political affect every aspect of life, but the question is how much it affects cryptocurrencies.
These currencies are not directly affected by political decisions, but because of these decisions linked to the fate of the world, the degree of influence based on the proximity of this news from the traders and their impact on the currency in a focused manner.

For example, the election of an open president to deal with those currencies raises the enthusiasm of investors and thus prices. vice versa

That would be the case

Quote from: https://www.ocregister.com/wp-content/uploads/migration/mx1/mx1rlz-sutovec.bitcoin.jpg

SvonioneFromMangoCoinz

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Quote from: qumeijia on October 26, 2018, 11:53:02 AM

I am eager to know how do politic situations particular countries affect the Bitcoin stability, is ti really affecting Bitcoin. As we know that Bitcoin is decentralized of blockchain technology and I think that it will not be affected by politic issues of certain states. In other side, politics is affecting of economic stability. It potentially contributes to break or strengthen the economic in many countries. I would like to know other opinions.

This is a "decentralized" market and it gives preference to those with a lot of money. Because a decentralized market often does not have strict protection and rules. Such a market could affect the economies of some countries. But on the plus side, blockchain technology and Bitcoin can be a new tool and a new asset to help humanity develop new things about finance.

Kasen Matthews

newbie

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We all know how much the development of Bitcoin in short period of time but many newcomers will not trust Bitcoin like the world bitcoin investors. Bitcoin stability isn't influenced by any issues about politics.

Jazmyn Salazar

newbie

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Politics tend to have a serious kind of effect on the normal economy based on fiat currency. But, the politics does not have any effect on the Cryptocurrencies like Bitcoin. Basically, the politics affects the cetralisation system of mney and some other key factors that are not present in the cryptocurrencies.

Jazmyn Salazar

newbie

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Bitcoin is now much stable and the stability will remain so which is predicted. But its volatility might turn the game anytime, both positively and negatively. So, just go on with your pace

bettercrypto

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Quote from: icecube45 on October 28, 2018, 06:06:27 AM

The political situation really affects economic stability in a country, but not for the stability of bitcoin. The political situation has nothing to do with the stability of bitcoin, because bitcoin is not owned by any country or any government. Bitcoin stands alone or decentralized so that its stability is only affected by its own users. So whatever the political situation in each country still has no effect on the stability of bitcoin.

At some point you're right that politics don't affect bitcoin stability. However, it may affect if the government is not that stable simply because as we all know bitcoin needs recognition from them. Government sudden change might affect somehow but not that much. But, if things happen in rich countries may have some effects.

Connor Guzman

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The political situations of certain countries effect the general economy we already know of, not the crypto economy and thus bitcoin isn't effected. the effects for crypto economy varies from time to time on what is causing the down trend can span from news to trading mass volumes to several other things. In order for the crypto economy to stabilize to some extent time must pass and the market must grow in order to mature and reach some sort of stable point.

icecube45

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The political situation really affects economic stability in a country, but not for the stability of bitcoin. The political situation has nothing to do with the stability of bitcoin, because bitcoin is not owned by any country or any government. Bitcoin stands alone or decentralized so that its stability is only affected by its own users. So whatever the political situation in each country still has no effect on the stability of bitcoin.

Irvinn

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Virtually any political events affect the global economy, and the state of the economy directly affects the price of cryptocurrency. We know how different news influences cryptocurrency price very strongly and quickly. After all, the price of cryptocurrency depends on the ratio of supply and demand, and they are directly dependent on the incoming news.

Herucooles

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The political situation of a country does not affect crypto prices, of course. But political decisions can affect bitcoin prices because positive or negative government regulations make investors think hard for investment.

Ranly123

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Quote from: qumeijia on October 26, 2018, 11:53:02 AM

I am eager to know how do politic situations particular countries affect the Bitcoin stability, is ti really affecting Bitcoin. As we know that Bitcoin is decentralized of blockchain technology and I think that it will not be affected by politic issues of certain states. In other side, politics is affecting of economic stability. It potentially contributes to break or strengthen the economic in many countries. I would like to know other opinions.

I also think that politics will not affect the flow of cryptocurrency in a nation. It is not considered a responsibility for the country to monopolize cryptocurrency but just let it be as what it supposed to be.

BerggrenXC

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Political situations don't really affect bitcoin. And even if they do its not much really. As you said bitcoin is decentralized and it is not influenced by any institution, so I suppose it doesn't affect bitcoin.

Renaldi blackspadeteam

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Political problems sometimes produce negative and positive impacts on the stability of the crypto market including bitcoin, in my opinion the common political problems occur when public opinion and state officials ban each other

becak mesin

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Bitcoin is not influenced by the politic situations, it decentralized of blockchain that principally it is not controlled by any single entity in the world. It is aout freedom where everyone can freely get in to this. It is obviously different from real currency or fiat which often crack down by several political issues. Its price is on the coin holders, every holder has contribution whether to raise and down the price.

hildacitra

member

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I don't think that any political issues and events affect Bitcoin price, as you your self mentioned that it is not control in any entity. Thus, Bitcoin stability is not influenced by any issues about politics. There are many other reasons or factors that can crack down on Bitcoin.
Bitcoin has own ecosystem that will never be affected by real situation because it runs on digital and using computing power that government probably will never create as same as Bitcoin.

akram143

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Quote from: dothebeats on October 26, 2018, 03:52:48 PM

Politics IMO affect the traditional world economy, but not bitcoin's economy per se. There are other things that could potentially affect bitcoin's stability other than political situations. For example, the Brexit move wasn't really that crucial for bitcoin despite the fact that there are a lot of bitcoin users in the Great Britain alone. Even though the move resulted into the Great Britain suffering from short economic setbacks, this did not affect bitcoin in any way, and the recent stability in price could tell you that despite how crucial and important this move was for the world.

We all know how much the development of Bitcoin in short period of time but many newcomers will not trust Bitcoin like the world Bitcoin investors especially the investors whose invested in this year will always a bitcoin will die soon but as I am hoping the value will increase at the end of year.

dothebeats

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Politics IMO affect the traditional world economy, but not bitcoin's economy per se. There are other things that could potentially affect bitcoin's stability other than political situations. For example, the Brexit move wasn't really that crucial for bitcoin despite the fact that there are a lot of bitcoin users in the Great Britain alone. Even though the move resulted into the Great Britain suffering from short economic setbacks, this did not affect bitcoin in any way, and the recent stability in price could tell you that despite how crucial and important this move was for the world.

qumeijia

jr. member

Activity: 166

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I am eager to know how do politic situations particular countries affect the Bitcoin stability, is ti really affecting Bitcoin. As we know that Bitcoin is decentralized of blockchain technology and I think that it will not be affected by politic issues of certain states. In other side, politics is affecting of economic stability. It potentially contributes to break or strengthen the economic in many countries. I would like to know other opinions.

Topic: Bitcoin stability - page 3. (Read 752 times)