Counting the cost of a ww3. - page 3.

davis196

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Quote from: letteredhub on April 13, 2024, 05:57:51 PM

The the Russia - Ukraine war is one war that the global economy is on what I will call the borderline of recovery from and here is another conflict in the Middle East region somewhat a major supplier of energy to the world. if this conflict should escalate with other major countries (which I chose not to mention) getting involved the global economy might be hit with worse recession than we are currently facing.

More devasting would be for those importing nations mostly those of Africa, against this backdrop and in extension this can also have a significant effect on the price of bitcoin not performing high as investors have been predicting in anticipation to it's halving circle of a bull run as some actors are forecasting of an indeterminate impending ww3.

1.The global GDP keeps growing despite the war in Ukraine and the Gaza conflict. What do you mean by "borderline of recovery"?
2.The Bitcoin price went from 17-23K in the end of 2022 to 73K USD in March 2024, despite the war in Ukraine and the Gaza conflict.
3.Nobody wants to escalate the conflict in the Middle East. Nobody wants a World War 3. Not even Iran.
With all that being said, stop with the fear mongering and stop with the BS! Bitcoin survived many FUD attacks and many FUD news. I'm sure that Bitcoin will survive this FUD as well.

yhiaali3

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It is certain that wars only bring ruin, destruction, and economic collapse to all warring countries, as well as to the countries that are linked to these warring countries. The matter gets worse when these warring countries have important energy sources such as oil and gas.

Unfortunately, the two hottest regions in the world that have the largest oil and gas reserves are witnessing violent conflicts, causing disasters for the entire global economy.

If these wars turn into regional wars or World War III, this heralds the destruction of the world because weapons have become more advanced and deadly than the weapons used in World War II. World leaders must be wise and not push the world to the brink of abyss.

peter0425

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Quote from: kentrolla on April 14, 2024, 04:08:01 AM

Americans are playing with fire first they pushed the Ukraine to challenge Russian and literally fed Ukraine to Russia as their help is clearly not sufficient as they need support in terms of force not just materials, now they have pushed Iran to retaliate israel after they were provoking Iran for years by attacking Iranian forces in Lebanon and Syria. I think it's high time USA should stop wasting their taxpayer's money for Israel and leave them alone for the war to not escalate further as it would be disastrous to all of us.

The American government obviously has something to benefit from that is why they are helping with Israel. I think it has something to do with trades. Their relationship can be traced back post world war two. Most Americans have protested against the government for using their taxes to fund aid to Israel. If they continue like this we might see a fight not only between Iran and Israel but a lot of other countries as well.

kentrolla

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Americans are playing with fire first they pushed the Ukraine to challenge Russian and literally fed Ukraine to Russia as their help is clearly not sufficient as they need support in terms of force not just materials, now they have pushed Iran to retaliate israel after they were provoking Iran for years by attacking Iranian forces in Lebanon and Syria. I think it's high time USA should stop wasting their taxpayer's money for Israel and leave them alone for the war to not escalate further as it would be disastrous to all of us.

Volimack

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War has generally taken on a much larger form and the effect of war can be lessened if one country helps another country. If the US helps Russia the impact will not be dire. But China has so far not criticized Russia for attacking Ukraine. Multiplers said Russia's security concerns were legitimate and needed to be taken into account. The United States may impose various sanctions on China. Second the United States may increase arms supplies to Ukraine.

Solosanz

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Quote from: Reatim on April 13, 2024, 06:20:11 PM

bitcoin has a chance to crash since most countries will be going under economic crisis for sure and everyone will be forced to take out their profits just to stay afloat

In my thought, isn't Bitcoin should be the safest currency?

If you have a lot cash in banks, banks will collapse, left you nothing.
If you have a lot cash in storage or gold, you won't able to carry all of them.

While Bitcoin, even you own 18M Bitcoin (exaggerate) you can carry it to everywhere. It's true Bitcoin really depend to internet, but I believe internet would still exist during such crisis.

btc78

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Quote from: Text on April 13, 2024, 06:41:02 PM

They say if the US helps, Russia will too. What's happening in the world right now is no joke.

The attack seems like a start of something huge although of course I do not wish for it to escalate further. But the thing is a lot of countries have their own agendas that they would do anything to ‘help’ another country in war.

It is really terrifying to think about the consequences that would result if this were to blow up in the future. Who knows what could happen? We might be seeing history happen right before our eyes

DeathAngel

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Hopefully this recent conflict between Iran & Israel does not escalate too much further. With any luck, sensible discussions take place & there is no escalation, nobody wants a war with larger countries getting involved. I hope there is peace, nobody needs to see any more innocent casualties.

Churchillvv

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Wars always have a bad effect on the life of people as things become more harder for the survival of citizens, that's why wars are not to be anticipated at any cost because its negative effect is very high that alot people will have to loss almost everything they've got to the war.

I have been seeing some pop up news saying the recent decrease in price of bitcoin is as a result of the Iran attack on Israel but I don't know how true it is but what I'm tryna say is wars will have bad effects on the price of bitcoin in a short term but it will also have a positive impact on it as people will rather sell their properties and hold them in bitcoin or people will rather put their investments in bitcoin as it's compatible in everywhere making it stand out and that could lead to a more demand in the market that might increase the values of bitcoin in the market.

Rruchi man

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Quote from: letteredhub on April 13, 2024, 05:57:51 PM

The the Russia - Ukraine war is one war that the global economy is on what I will call the borderline of recovery from and here is another conflict in the Middle East region somewhat a major supplier of energy to the world. if this conflict should escalate with other major countries (which I chose not to mention) getting involved the global economy might be hit with worse recession than we are currently facing.

The economic effects of wars are always terrible on the citizens first and then for other countries who depend on them. The more countries that are dependent on these countries, the more severe the economic effect will be especially if it is a country that massively produces and exports essential commodity that has limited alternatives.

Quote from: letteredhub on April 13, 2024, 05:57:51 PM

… can also have a significant effect on the price of bitcoin not performing high as investors have been predicting in anticipation to it's halving circle of a bull run as some actors are forecasting of an indeterminate impending ww3.

The present situation can force people to consider investing more in bitcoins because of some benefits like them being able to move around with their investment more easily. It can lead to higher demand of bitcoins which will exceed supply, thus driving the price upwards.

STT

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When people say crash I dont think BTC is un-useful in a world that has a wider war. The disruption will apply to sovereign states also, trade will break down and debt buying directed to the strongest nations most likely who could afford the premiums while also with higher security to that trade. So if debt is affected, some countries impeded by the war and trade lost then BTC is likely to be used in a fragile volatile world by its ability to transact globally without reliance on any singular point.

Text

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I just read on my news feed about the attack of Iran on Israel, and when I came back to this forum, this was the first topic I saw. They say if the US helps, Russia will too. What's happening in the world right now is no joke.
These conflicts can have far-reaching implications for the global economy as a whole. Any conflict in the Middle East has the potential to send shockwaves throughout the world, affecting not only economies but also geopolitical stability.

The impact on Bitcoin is uncertain, but we know that the interconnectedness of various factors creates a complex landscape for financial markets. It's a reminder of how sensitive these markets can be to external events and perceptions. On the other hand, it has also shown resilience in the face of real-world tensions in the past. However, it still depends on a range of factors like investor sentiment and government regulations.

dothebeats

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I wouldn't be concerned about inflation going rampant or recession being just around the corner with all these armed conflicts between nations. What I would think about is whether or not it could escalate into a more severe conflict that could cost more than what the world economy is worth - existence of humankind. The Iran v Israel conflict right now might just escalate into a more severe conflict and not just a series of retaliation. Should that escalate into a more serious war, I'm pretty sure other countries with conflicting ideologies might just pick sides just to have a reason to go to war with each other.

Bitcoin's price and value will not matter if at the end of all this, technology is rendered useless and we're back to using primitive technologies just to get by. Hopefully that doesn't happen, but with all of these conflicts happening here and there, I couldn't help but think that chaos is just right around the corner.

Reatim

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Quote from: letteredhub on April 13, 2024, 05:57:51 PM

this can also have a significant effect on the price of bitcoin not performing high as investors have been predicting in anticipation to it's halving circle of a bull run as some actors are forecasting of an indeterminate impending ww3.

bitcoin has a chance to crash since most countries will be going under economic crisis for sure and everyone will be forced to take out their profits just to stay afloat

there is too many repercussions if world was 3 were to happen and no one wants that now

letteredhub

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The the Russia - Ukraine war is one war that the global economy is on what I will call the borderline of recovery from and here is another conflict in the Middle East region somewhat a major supplier of energy to the world. if this conflict should escalate with other major countries (which I chose not to mention) getting involved the global economy might be hit with worse recession than we are currently facing.

More devasting would be for those importing nations mostly those of Africa, against this backdrop and in extension this can also have a significant effect on the price of bitcoin not performing high as investors have been predicting in anticipation to it's halving circle of a bull run as some actors are forecasting of an indeterminate impending ww3.

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