Topic: BREAKING: RUSSIA STRIKES TURKISH CONVOY AMID AIRSPACE DISPUTE (Read 1554 times)

Bro price had been rising all through October. It actually saw a fall on 31 October, before resuming its climb for a few days.

Bro plane came down on 31 october here is the link

http://www.bbc.com/news/world-middle-east-34687990

Or, you know, post in the relevant section. I'm assuming you don't go to the supermarket and ask to see a doctor, right? Or go to the library to fill your car up with petrol? By partitioning the forum into different sections it's possible to have these new things called "on-topic discussions" that the kids seem to be into.

so no more war topics on a speculation forum i understand , you guys like going to a restaurant and talking about food and other restaurants . Or going on a holiday resort with your friends and talking about other resorts and how good it was there. I mean you guys must be boring in real life, wtf. 

Discussions like yours take place all the time in the Politics and Society section, a section of this forum devoted to discussing politics, society, and their relevance to Bitcoin. This section of the forum is for discussing speculating with BTC. Think about it - are you really going to post in the Speculation section every time something happens in the world? There's a massive crisis in Northern Syria right now, with things happening every day. If these events had any significant impact on the price of BTC don't you think we'd have evidenced that by now? Despite your high hopes, we didn't see a major rise when that Russian jet went down - in fact we saw a fall a few days later. These events you're posting - I understand that they seem really important (from a BTC-perspective), but honestly - they're not.

I think someone else in this thread has already tackled the "war == profits!!!1!" belief far more eloquently than I could, but honestly I see these mini-war posts as leading to the same nonsensical argument - if the major powers get drawn into a hot conflict between themselves, instead of their proxies, it is not going to be Bitcoin's golden age - it's going to be war, and it's going to be hell.

PS. That image you posted. The Russian jet went down towards the end of the steep rise, a rise that had gone on for a couple of months. BTC prices fell a few days later. If you want credible evidence for your assumption, go back over a few years and compare geo-political events with BTC price. If you can't be bothered doing that, at least cherry-pick your data a bit more carefully.

Yes war stimulates economy,
And in ww2 gold was chased by germans and hidden by allies,stored by the swiss etc... ( is china the new switzerland if btc is the new gold?)
but war can also create huge debt in fiat economy
still thinking that price is also linked to politics
http://www.awesomescreenshot.com/image/790418/666f51e60c9873bada554393fe6573d7

Any unrest might stimulate bitcoin... - might, yes.

...as it is not influenced by any government politics or economic problems. - like Greece, Cyprus, the imposition or relaxation of capital controls in China? Nope, I'm calling "nonsense" on this part.

If this stuff keeps escalating it might become interesting. - it's interesting now, it's just not interesting in a "Bitcoin speculation" sense, but in a "Politics and society" sense.

Is this true?

I've always found that attitude something of a stretch.

'Hey, I can't pay my mortgage this month. My kids are starving and I'm wearing rags. Should I sell my car to survive so I can't work or transport us ever again or those bitcoins that are sitting doing nothing awaiting a possible future that may never come? Boy, that's a quandary.  

YES ! GO RUSSIA GO

I thought war is made to stimulate the economy.
Isn't this how America is handling the situations all the time.Is the economy down let's make some war and all will be fine?!
This is all is a big mess.The average person has to suffer, doesn't matter which country, and the big guys are filling up their pockets with money made by blood.Disgusting!

Well if war comes that the economy will be shit.
And Bitcoin will increase

What does this have to do with speculation if I may ask? I believe this belongs in the Politics and Society forum.

I do understand that world problems reflect on today's economics.

Thank you

Any unrest might stimulate bitcoin as it is not influenced by any government politics or economic problems.

If this stuff keeps escalating it might become interesting.

The OP has previous.

Remember when there was yet another incident in an ongoing conflict and BTC hit $1000 in a week? No? Me neither.

I do not know why they are linked. Bitcoin is banned in Russia, will the attack lift the ban?

FROM ZEROHEDGE:
Following yesterday's dramatic geopolitical shock, U.S. equity index futures rise as Russia has not escalated the confrontation with Turkey as some had feared, while Asian shares fall, reversing earlier gains. European stocks are rallying and the euro is falling on the back of a Reuters report that the ECB is mulling new measures to prop up lending, although it’s not clear at this point what the real impact from these measures would be.

As a result, global stocks are little changed for a second day as investors assess the geopolitical fallout from the downing of a Russian warplane by Turkey. U.S. President Barack Obama and French President Francois Hollande called for Russia and Turkey to avoid escalating the confrontation. Hollande meets German Chancellor Angela Merkel in Paris today before heading to Moscow tomorrow to meet President Vladimir Putin.

FOR ME BITCOIN IS AN ALTERNATIVE TO STOCKMARKETS , I RECEIVE DIVS IN BTC NOT FIAT, SO WHAT'S YOUR POINT

What on Earth are the folks who try to link astoundingly unrelated world events to Bitcoin on?

Even attempts to link it to things that really should be linked to it look rather sad.  

well the markets were affected by the russian plane downing on monday morning, so if you see bitcoin as a safe heaven , every escalation can be gold for bitcoin.