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Topic: Counting the cost of a ww3. (Read 496 times)

full member
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Today at 03:04:51 AM
#63
The planet barely survived the last two world wars, I doubt it will survive a third - especially as it is likely to end up with many nuclear weapons exploding all over the planet.
it depends what you means by survive

because many people died and many countries left destroyed and their economies bad after each war even those countries who won still had some collateral damage to show for it imagine if a global war broke out now wherein weapons are a lot more dangerous and advanced than they were before and there are so many devices that can be used for various things that never existed before so i already know that if it were to happen again it would be a bloodbath
Quote
It will probably leave only distant islands habitable and the main land will be a mass of death.
these islands you speak of will most likely be lived in by those who escaped away from war but it is still possible that these islands will also be affected by the war indirectly or directly due to like i said far more advanced technological devices these days compared to the ones before
hero member
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Today at 12:29:30 AM
#62
The Russia-Ukraine War has already hit the importing nations, especially in Africa, quite hard due to surging energy and food prices. If the Middle East conflict is getting worse the global energy supplies will be affected and it will also lead to inflation. All that being said, for Bitcoin is not all bad, don't get e wrong I hate war like everybody, but For Bitcoin and cryptocurrency, seems like geopolitical instability could even drive more people to the cryptocurrency as a safe haven, a booster in price despite market uncertainty. When traditional markets get hurt, investors looking for alternatives might turn to Bitcoin, cushioning some of the economic damage.
We have serious troubles around us in 2024 with most chances we will be having some better situation in next year even things are getting the worst due to few personal ego things but still we have to be positive for having things in right way Russia-Ukraine hit badly to world with Iran-Israel is also on our heads even situation is not deeply troubled, but this can go worst any time in near future due to few issues which need to be fixed but no one daring to start first about them.

As many are feeling we will be having better situation for the bitcoin and crypto it's just personal view because if we have instability then surely it's going to hurt all even we can also face consequences as well which could be on negative so damage to economy or peace never ends in good for anyone.
legendary
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December 23, 2024, 05:09:57 PM
#61
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.

The planet barely survived the last two world wars, I doubt it will survive a third - especially as it is likely to end up with many nuclear weapons exploding all over the planet. It will probably leave only distant islands habitable and the main land will be a mass of death. We need to be careful with old men in positions of power over vast nuclear weapons and huge egos that want to "create a legacy" for themselves, usually by stealing land from another country. They might set in motion a chain of events that they never imagined, but they are close to their deathbed before so they don't really care what happens in the end. Before the nuclear weapons explode, we will be engaged in a very brutal drone war, where the average soldier will not even see or know what is about to hit them.
legendary
Activity: 2086
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December 23, 2024, 12:45:21 PM
#60
I'm not sure bitcoin and crypto will benefit if war or inflation happens. Remember what happened in 2022 when inflation peaked in most parts of the world, the conflict between Russia and Ukraine caused instability between supply and demand...All that bad stuff has caused Bitcoin to lose over 75% of its value and trade at $15k?

Bitcoin and cryptocurrencies are speculative markets, they are not recognized or considered a store of value or safe haven like gold or silver. They will be affected and will be dumped if geopolitical instability occurs again. Bitcoin and cryptocurrencies will not help us or the world economy if war or inflation happens again.
The start of that was 2021 though, so we have seen inflation go up, and bitcoin go up too, but we had bear period coming then, so it ended up being bad. Like for example 2026 will be a bear year, if there is an inflation during the same period, then we still will see bitcoin going down no matter what, which is why I honestly believe that we shouldn't be really considering anything further, don't combine those together.

If the inflation goes super high next year in 2025, we would see inflation and bull run happen at the same time, if it happens in 2026, we would see bear and inflation at the same time, price would be moving based on the bull or bear periods, not based on inflation, that's what happened in 2021-2022 periods too, up during 21, down during 22.
legendary
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December 23, 2024, 06:29:48 AM
#59
The Russia-Ukraine War has already hit the importing nations, especially in Africa, quite hard due to surging energy and food prices. If the Middle East conflict is getting worse the global energy supplies will be affected and it will also lead to inflation. All that being said, for Bitcoin is not all bad, don't get e wrong I hate war like everybody, but For Bitcoin and cryptocurrency, seems like geopolitical instability could even drive more people to the cryptocurrency as a safe haven, a booster in price despite market uncertainty. When traditional markets get hurt, investors looking for alternatives might turn to Bitcoin, cushioning some of the economic damage.

I'm not sure bitcoin and crypto will benefit if war or inflation happens. Remember what happened in 2022 when inflation peaked in most parts of the world, the conflict between Russia and Ukraine caused instability between supply and demand...All that bad stuff has caused Bitcoin to lose over 75% of its value and trade at $15k?

Bitcoin and cryptocurrencies are speculative markets, they are not recognized or considered a store of value or safe haven like gold or silver. They will be affected and will be dumped if geopolitical instability occurs again. Bitcoin and cryptocurrencies will not help us or the world economy if war or inflation happens again.
sr. member
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December 23, 2024, 03:58:10 AM
#58
The Russia-Ukraine War has already hit the importing nations, especially in Africa, quite hard due to surging energy and food prices. If the Middle East conflict is getting worse the global energy supplies will be affected and it will also lead to inflation. All that being said, for Bitcoin is not all bad, don't get e wrong I hate war like everybody, but For Bitcoin and cryptocurrency, seems like geopolitical instability could even drive more people to the cryptocurrency as a safe haven, a booster in price despite market uncertainty. When traditional markets get hurt, investors looking for alternatives might turn to Bitcoin, cushioning some of the economic damage.
legendary
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December 23, 2024, 03:31:03 AM
#57

I think there should be no War because if World will face another War then there will be more destruction and all World Economy will be impacted because import export system will be impacted. Most of the countries want no War and America will also try to solve the problem at basic level because after there will be more destruction. In the World War many countries get involved and most of the countries like America , Europe and Russia will participate and there will be two groups and one group members will support each other and other group members will be against for other group and they will attack on each other for getting the resources.But after the destruction, War had bad signs for the centuries and we can't afford that kind of War.

If world war three happens, it will not only destroy the world economy, it will be our doomsday because with the number of nuclear warheads that exist in the world, it is enough to destroy the entire earth. We will not have the opportunity to recover and rebuild everything from scratch like in World War 1 and 2, and that is why I believe that powers like the United States will not let that happen. They are the ones who created the nuclear bomb and they understand its destructive power better than anyone, so they will never let a nuclear war break out because that would be the end of them.

Believe me, once the tensions of the ongoing wars get out of control, they will be willing to sacrifice a few countries in exchange for world peace because after all, national interests still come first. There will be no justice or fairness more important than the national interest and their own lives.
sr. member
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December 22, 2024, 03:00:40 PM
#56
From the outside, things seem to be getting very serious and could cause a third world war. But are things really that bad? No one knows except the politicians of the superpowers like the United States, Russia, China and Europe. I also don't think there will be a third world war because I believe that the world's leading powers will not let war happen because it will directly affect them and even cause their destruction.

After all, the wars that take place in the world are basically just wars for power between great powers and national interests. The warring nations are just pawns of other nations, they don't even have the right to decide their own destiny. So if things get out of control, the powers behind it will certainly have to make some sacrifices to end the war for their greater good. The war is not over yet because the great powers have not reached any agreement.
I think there should be no War because if World will face another War then there will be more destruction and all World Economy will be impacted because import export system will be impacted. Most of the countries want no War and America will also try to solve the problem at basic level because after there will be more destruction. In the World War many countries get involved and most of the countries like America , Europe and Russia will participate and there will be two groups and one group members will support each other and other group members will be against for other group and they will attack on each other for getting the resources.But after the destruction, War had bad signs for the centuries and we can't afford that kind of War.
legendary
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November 04, 2024, 06:48:00 AM
#55

But there will not be a third world war just because of the conflict between Iran and Israel . The war between Russia and Ukraine is even larger in scale, with the indirect participation of many countries , but that does not create a third world war . So how could a small war in the Middle East cause a third world war ? Don't simply think that if there is a war between two countries, there will be a world war . World War 3 will cause our human world to become extinct , so it will not happen as easily as we think.

Putin is throwing all possible material and financial resources into the war with Ukraine and has almost brought Russia to collapse, because inside this country all the problems that have accumulated over the past several centuries of capturing and exploiting other nations and peoples have become extremely acute. Data has been made public that one day of war with Ukraine costs Russia 300 million dollars. But next year, the Russian budget again plans to spend twice as much on waging a war with Ukraine as on the social sphere.

Unable to find a reasonable way out of the deadlock with the war, Putin is trying to increase the escalation and is even attracting soldiers from North Korea to this war, because the number of its own citizens who are ready to fight and die in Ukraine for a lot of money is already running out.
https://www.dw.com/ru/oon-sotrudnicestvo-rf-i-kndr-vedet-k-opasnoj-eskalacii/a-70677710

Since, in addition to deliveries of various types of weapons, the DPRK sends its military to the Ukrainian front and, thus, fully enters the war on the side of Russia, Ukraine has every right to attack North Korea. The military conflict is growing and may well lead to World War III.

From the outside, things seem to be getting very serious and could cause a third world war. But are things really that bad? No one knows except the politicians of the superpowers like the United States, Russia, China and Europe. I also don't think there will be a third world war because I believe that the world's leading powers will not let war happen because it will directly affect them and even cause their destruction.

After all, the wars that take place in the world are basically just wars for power between great powers and national interests. The warring nations are just pawns of other nations, they don't even have the right to decide their own destiny. So if things get out of control, the powers behind it will certainly have to make some sacrifices to end the war for their greater good. The war is not over yet because the great powers have not reached any agreement.
sr. member
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November 04, 2024, 04:26:01 AM
#54

But there will not be a third world war just because of the conflict between Iran and Israel . The war between Russia and Ukraine is even larger in scale, with the indirect participation of many countries , but that does not create a third world war . So how could a small war in the Middle East cause a third world war ? Don't simply think that if there is a war between two countries, there will be a world war . World War 3 will cause our human world to become extinct , so it will not happen as easily as we think.

Putin is throwing all possible material and financial resources into the war with Ukraine and has almost brought Russia to collapse, because inside this country all the problems that have accumulated over the past several centuries of capturing and exploiting other nations and peoples have become extremely acute. Data has been made public that one day of war with Ukraine costs Russia 300 million dollars. But next year, the Russian budget again plans to spend twice as much on waging a war with Ukraine as on the social sphere.

Unable to find a reasonable way out of the deadlock with the war, Putin is trying to increase the escalation and is even attracting soldiers from North Korea to this war, because the number of its own citizens who are ready to fight and die in Ukraine for a lot of money is already running out.
https://www.dw.com/ru/oon-sotrudnicestvo-rf-i-kndr-vedet-k-opasnoj-eskalacii/a-70677710

Since, in addition to deliveries of various types of weapons, the DPRK sends its military to the Ukrainian front and, thus, fully enters the war on the side of Russia, Ukraine has every right to attack North Korea. The military conflict is growing and may well lead to World War III.
legendary
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April 20, 2024, 12:01:34 PM
#53
I would guess that it is not really a long term solution though, the reality is that those rich Russians would eventually realize that buying stuff would be a lot smarter investment for them then rent or give you money. They had to run away from the war first so they accepted anything they could, but after a while they are going to realize they are the ones who have the money and not you, so they do not have any reason to keep that money going to you all the time.

Some rich Russian could buy 100 houses, because they do have oligarchs that are rich like that, and then rent it to 100 other Russians, who would be keeping the money between each other that way. So, it is not a long term good solution any countries economical situation.
Yes, renting was a force majeure situation for them and slowly they are buying lots of houses. They are buying houses in the richest and most prestigious districts. My neighbourhood is full of Russians right now. Since rich Russians come here, people and business owners prioritize them and in restaurants the first language you'll hear is Russian instead of local one. People are happy for that but to my mind it's a pity for our country because people don't analyze that Russians won't pay you a lot of money always, they pay you right now because they have no other option but slowly they build their businesses, buy apartments, even rent to other people and are slowly taking over the land.
That's how a nation is overtaken, you should be careful about it. They are taking a risk because as we have seen before in other nations, with a Russian-Ukrainian war, there were a lot of Russians who were asked to sell their stuff and leave, and a lot of oligarchs had to flee the nations they were in and go back to Russia, even the billionaires were asked to leave, and they lost all they had, most just sold it and not really lose anything, but they lost their position.

This is why I believe that we are going to end up seeing these people with a lot of trouble for the longest term. I think they are risking, so they do have the right to do this, but you should be careful because if you keep selling to them then you are going to lose your nation.
hero member
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April 20, 2024, 10:14:11 AM
#52
I live in a country that produces nothing, we import almost everything, including food and it might sound curious to you but my country is doing far better since the start of the Russia-Ukraine war. When the war started, many rich Russians flew to my country, rent prices went sky high, a small poor country become a Dublin in a single day. Since we are from post-soviet union country, almost everyone owns a flat or a house here, so people rarely have to pay for the rent, most of us own our houses. Skyrocket housing prices helped people to get a decent income from renting an apartment. These rich Russians are paying a lot of money in rents, they started businesses in our country and economic situation is getting very good for many people. Their migration started serious deflation and salaries also increased.
I wonder why they flew there when the affected country is only Ukraine, I mean in terms of physical damages. I know Russia were subject to sanctions but I heard that they are still doing fine since they still have a connection with some top countries like China. Even though your country is like that who produce nothing, it was still great because each people there have their own homes there as you said. This is the dream of each people even if it's only a small one.

So, at the moment we are in a good situation, like Switzerland but long-term I believe that everyone will be seriously affected, especially us who produce nothing and import everything.
Seriously affected, negatively? But why? I thought the effects of war are positive in your country? Therefore it may remain like that but I would be guilty if I wish there will always be wars because some people can suffer with it.
hero member
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April 19, 2024, 01:29:00 PM
#51
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.
I don't think we would experience a scenario worse than that of the Coronavirus Dump, which had a devastating effect on all market both on the crypto Market, currency, stocks, crude oil and the Gold in fact, the market generally, But regardless of what happens, I won't get fooled this time because of the event because what I know is that there's no way that the whole system can be destroyedin fact, Bitcoin would be the safest place to store funds in this case, Because no one knows what the Government of the world would come out with in terms of our monies in the bank, should these war cause a devastating effect globally.
hero member
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April 19, 2024, 01:03:57 PM
#50
Talking about how much costs were incurred during the war between Russia and Ukraine, I think there were certain parties who benefited, on the the other side, many people from the two countries experienced material losses and the trauma they caused but there were parties or countries who benefited in large amounts.
I think Unites State and European Union countries benefited from Ukraine joining Nato membership and on the one hand the United States became a weapons supplier for Ukraine to fight the Russian invasion.
Its not about the disadvantage when happening with war world 3 but also many side has advantage make higher values of oil and benefit with Europe Union to suspend Russia from their membership.
full member
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April 19, 2024, 09:39:36 AM
#49
we don't need to calculate how much losses will be incurred if a third world war occurs, it will definitely be very massive and the losses will not only be economic but also in many ways. if that really happens, there will be many people who will lose their lives, jobs, homes, and many other things, no one wants this to happen because it will only harm everyone. so let's hope that this war will not escalate to a more severe level and hopefully this can be resolved through diplomacy, because the world has had enough of wars that are a waste of money and human lives.
sr. member
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April 19, 2024, 09:16:06 AM
#48
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

Some countries that rely on these warring countries will be affected too, there will be panic and they will have no other choice than to sell off just to survive but I doubt it will be as big as the sell-off of 2020 Covid, that pandemic hit everywhere in the world and many people lost their lives.

This war is between two countries, just like Russia and Ukraine but the Covid affected all parts of the world, the true death toll of Covid 19 was a million plus, almost 2 million humans.

There was panic everywhere in the world, if there should have been a biggest sell off in the history of Bitcoin, the Covid era was the perfect time.

Still, I don't like that Ukraine and Russia are at war, it sickens me to even think about it, sometimes I feel like what if I am in such a country, its sad, I hope that Iran and Israel will end their conflict soon, it is scary.

sr. member
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April 19, 2024, 08:55:37 AM
#47
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.
If the impending crisis in the middle East is left unchecked, it will definitely affect the world economy not only bitcoin. Countries are still staggering to come out from the covid-19 shock which most economy never prepared for, however from the grand scheme of things, is as if the world powers want a battlefield for them to display what they've all had in stock as firepower. During the Russia and the Ukraine early beginning of their crisis, a lot of people came in to talk about de-escalation and making sure the war doesn't start, because it will get a far reaching consequences in most countries and at some point the world economy had another shock because Ukraine are one of the highest producers and exporters of wheat and the crisis really dampened their production.
sr. member
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April 19, 2024, 07:38:00 AM
#46
The war between Ukraine and Rusia did not only affect the two warring nations but the world at large. Ukraine and Russia were the world's largest producer of wheat and sunflower oil but the war has greatly reduced the food production from both countries. The severe sanctions on Russia has also hike energy prices, countries depending on Russia for energy had to seek for fuel and gas elsewhere, the stock market is not left out, it has also been affected. Now, this is just a war between two countries, if it comes to WWIII the impact on global economy will be catastrophic and I hope the brawl between Iran and Israel doesn't lead us there, because the world is already sick.
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April 19, 2024, 04:51:04 AM
#45
Through the conflict between Palestine and Israel, there is always a conflict between the countries of the Middle East, which could lead to World War III. If there is a third world war, then the economic situation of different countries of the world will be very critical. I think this will have a huge impact on cryptocurrency as well. We may have seen a few days ago that the small war that broke out between Iran and Israel had an effect on the price of Bitcoin. When Iran attacked Israel then there was a small shock in the market which caused the price of everything in the market including Bitcoin to fall. There is already an economic recession all over the world and if war starts between different parts of the Middle East then the economic situation of the world will continue to worsen.

If the middle east is cool then maybe world war 3 is not likely to happen I think it is never possible. Because there are always quarrels between different countries of the Middle East due to which they have become enemies of each other. As long as these hostilities are not resolved, there will be a threat of World War II.


But there will not be a third world war just because of the conflict between Iran and Israel . The war between Russia and Ukraine is even larger in scale, with the indirect participation of many countries , but that does not create a third world war . So how could a small war in the Middle East cause a third world war ? Don't simply think that if there is a war between two countries, there will be a world war . World War 3 will cause our human world to become extinct , so it will not happen as easily as we think.
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April 19, 2024, 04:15:53 AM
#44
I would guess that it is not really a long term solution though, the reality is that those rich Russians would eventually realize that buying stuff would be a lot smarter investment for them then rent or give you money. They had to run away from the war first so they accepted anything they could, but after a while they are going to realize they are the ones who have the money and not you, so they do not have any reason to keep that money going to you all the time.

Some rich Russian could buy 100 houses, because they do have oligarchs that are rich like that, and then rent it to 100 other Russians, who would be keeping the money between each other that way. So, it is not a long term good solution any countries economical situation.
Yes, renting was a force majeure situation for them and slowly they are buying lots of houses. They are buying houses in the richest and most prestigious districts. My neighbourhood is full of Russians right now. Since rich Russians come here, people and business owners prioritize them and in restaurants the first language you'll hear is Russian instead of local one. People are happy for that but to my mind it's a pity for our country because people don't analyze that Russians won't pay you a lot of money always, they pay you right now because they have no other option but slowly they build their businesses, buy apartments, even rent to other people and are slowly taking over the land.
hero member
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April 19, 2024, 03:08:02 AM
#43
I live in a country that produces nothing, we import almost everything, including food and it might sound curious to you but my country is doing far better since the start of the Russia-Ukraine war. When the war started, many rich Russians flew to my country, rent prices went sky high, a small poor country become a Dublin in a single day. Since we are from post-soviet union country, almost everyone owns a flat or a house here, so people rarely have to pay for the rent, most of us own our houses. Skyrocket housing prices helped people to get a decent income from renting an apartment. These rich Russians are paying a lot of money in rents, they started businesses in our country and economic situation is getting very good for many people. Their migration started serious deflation and salaries also increased.
So, at the moment we are in a good situation, like Switzerland but long-term I believe that everyone will be seriously affected, especially us who produce nothing and import everything.
I would guess that it is not really a long term solution though, the reality is that those rich Russians would eventually realize that buying stuff would be a lot smarter investment for them then rent or give you money. They had to run away from the war first so they accepted anything they could, but after a while they are going to realize they are the ones who have the money and not you, so they do not have any reason to keep that money going to you all the time.

Some rich Russian could buy 100 houses, because they do have oligarchs that are rich like that, and then rent it to 100 other Russians, who would be keeping the money between each other that way. So, it is not a long term good solution any countries economical situation.
sr. member
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April 18, 2024, 01:09:36 AM
#42
Through the conflict between Palestine and Israel, there is always a conflict between the countries of the Middle East, which could lead to World War III. If there is a third world war, then the economic situation of different countries of the world will be very critical. I think this will have a huge impact on cryptocurrency as well. We may have seen a few days ago that the small war that broke out between Iran and Israel had an effect on the price of Bitcoin. When Iran attacked Israel then there was a small shock in the market which caused the price of everything in the market including Bitcoin to fall. There is already an economic recession all over the world and if war starts between different parts of the Middle East then the economic situation of the world will continue to worsen.

If the middle east is cool then maybe world war 3 is not likely to happen I think it is never possible. Because there are always quarrels between different countries of the Middle East due to which they have become enemies of each other. As long as these hostilities are not resolved, there will be a threat of World War II.
member
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April 17, 2024, 09:16:13 PM
#41
World War 3 doesn't seem long because if you notice the war between UK and Russia is going on and on the other hand there is a war going on between Palestine and Israel.  You all know and you have seen that Iran launched many rocket attacks on Israel on behalf of Palestine to destroy Israel from the middle.  If any other country participates in Israel's life, there will be a big situation of World War III and if America goes to Israel's side and attacks Iran or Palestine.  Then the upper leg will attack and join another country in what is most likely a World War 2. We all pray that it doesn't happen.  When World War III starts, people will die of hunger and the economy The world economy will be in a very bad state and people will die of lack of food and it's very, very sad.
legendary
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April 17, 2024, 01:50:33 PM
#40
Yeah World War III would be a huge blow to pretty much everything financially speaking.  I think bitcoin would end up getting hit pretty hard, but not as hard as most see or think they see happening.  It would certainly tank the stock markets and people would try to flee for cash.  I still think bitcoin would probably lose half of it's value, but it could be worse.  Let's just hope it never happens!

If you look at the history of bitcoin,every little thing or bad news in the world causes bitcoin and crypto to go down and this is the one thing i dont like about the market. Last time with the Russia/Ukraine war crypto went down,now when Iran/Isreal war is here crypto goes down again. Hopefully the war dosent go bit or that it goes into World War 3 because it will cause everything to drop heavily and everyone will be affected by this.
legendary
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April 17, 2024, 10:52:13 AM
#39
Yeah World War III would be a huge blow to pretty much everything financially speaking.  I think bitcoin would end up getting hit pretty hard, but not as hard as most see or think they see happening.  It would certainly tank the stock markets and people would try to flee for cash.  I still think bitcoin would probably lose half of it's value, but it could be worse.  Let's just hope it never happens!

the Middle East tension is already showing their firepower. if they are already shooting each other's military bases, there is a chance of ww3 going to happen. but these are all skirmishes since the US is not directly firing their guns and has no boots on the ground.  Iran proved their point that it can fight back, but it may end there unless Israel retaliates.

once war happens, i guess we're all going to be selling. there is no point in holding an asset that will just keep depreciating.

legendary
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April 17, 2024, 09:44:46 AM
#38
Yeah World War III would be a huge blow to pretty much everything financially speaking.  I think bitcoin would end up getting hit pretty hard, but not as hard as most see or think they see happening.  It would certainly tank the stock markets and people would try to flee for cash.  I still think bitcoin would probably lose half of it's value, but it could be worse.  Let's just hope it never happens!
hero member
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April 17, 2024, 04:21:15 AM
#37
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.
I live in a country that produces nothing, we import almost everything, including food and it might sound curious to you but my country is doing far better since the start of the Russia-Ukraine war. When the war started, many rich Russians flew to my country, rent prices went sky high, a small poor country become a Dublin in a single day. Since we are from post-soviet union country, almost everyone owns a flat or a house here, so people rarely have to pay for the rent, most of us own our houses. Skyrocket housing prices helped people to get a decent income from renting an apartment. These rich Russians are paying a lot of money in rents, they started businesses in our country and economic situation is getting very good for many people. Their migration started serious deflation and salaries also increased.
So, at the moment we are in a good situation, like Switzerland but long-term I believe that everyone will be seriously affected, especially us who produce nothing and import everything.
hero member
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April 16, 2024, 06:41:01 AM
#36
some of the countries that are involved in war are being sanctioned by the United States on operating with the Dollars

Dude, I'm glad you mentioned that, because I was going to try to find a thread about those US sanctions and post in it.  I was passing by a liquor store last night and saw a sign that stated that they're no longer carrying Russian vodka.  That caused me to do a double take and then I made the assumption that this was some sort of sanction (even though I'd never heard it announced).  In addition I've noticed that precious metals dealers in the US no longer sell those nice Russian palladium ballet coins.  I don't think that's because they're so much in demand that they're just out of stock.
You are very correct the Chymist, according to the Office of Foreign Asset Control in the US Department of Treasury importation into the United States of fish, seafood, and preparations thereof; alcoholic beverages; and non-industrial diamonds of Russian Federation origin. There is also a ban on the importation of Russian-origin aluminium, copper, and nickel into the United States.

Well, continuous sanctions by the United States may actually lead most countries to de-dollarization because they may not continue using the USD as a reserved currency when the United States government has already issued them sanctions.
De-dollarisation is not an easy path to thread because the US and its allies dominate the global economy. Nations will always need the dollar for international trade. If de-dollarisation were easy, the BRICS nations would have been the first to adopt such a policy.
sr. member
Activity: 420
Merit: 253
April 16, 2024, 06:34:52 AM
#35
some of the countries that are involved in war are being sanctioned by the United States on operating with the Dollars

Dude, I'm glad you mentioned that, because I was going to try to find a thread about those US sanctions and post in it.  I was passing by a liquor store last night and saw a sign that stated that they're no longer carrying Russian vodka.  That caused me to do a double take and then I made the assumption that this was some sort of sanction (even though I'd never heard it announced).  In addition I've noticed that precious metals dealers in the US no longer sell those nice Russian palladium ballet coins.  I don't think that's because they're so much in demand that they're just out of stock.

You know me, I don't venture out of my hovel much and don't watch the news.  These US sanctions that I think are due to the Ukraine/Russia war--were they made public, i.e., were there any news stories about them?

Heh.  Cost of WWW III.  The entire friggin' earth, maybe with the exception of Antarctica, which is where all of the people in power will flee to.

Well, continuous sanctions by the United States may actually lead most countries to de-dollarization because they may not continue using the USD as a reserved currency when the United States government has already issued them sanctions.

In all we shouldn't pray for WW3 because it will affect everyone one way or the other and may also cause an intensed dip in the price of Bitcoin just like the one we are experiencing now as a result of the Iran-Israel clash.
legendary
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April 16, 2024, 06:04:46 AM
#34
some of the countries that are involved in war are being sanctioned by the United States on operating with the Dollars

Dude, I'm glad you mentioned that, because I was going to try to find a thread about those US sanctions and post in it.  I was passing by a liquor store last night and saw a sign that stated that they're no longer carrying Russian vodka.  That caused me to do a double take and then I made the assumption that this was some sort of sanction (even though I'd never heard it announced).  In addition I've noticed that precious metals dealers in the US no longer sell those nice Russian palladium ballet coins.  I don't think that's because they're so much in demand that they're just out of stock.

You know me, I don't venture out of my hovel much and don't watch the news.  These US sanctions that I think are due to the Ukraine/Russia war--were they made public, i.e., were there any news stories about them?

Heh.  Cost of WWW III.  The entire friggin' earth, maybe with the exception of Antarctica, which is where all of the people in power will flee to.
newbie
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April 15, 2024, 06:20:30 PM
#33
I think economic stability will be disturbed by the impact of the current war, therefore Bitcoin has the opportunity to fall because most countries' economies are less stable, what's more, the current conflict could become a more serious war, the market is so sensitive to other events and perceptions, however This still depends on investors and government regulations themselves to fix it better.
hero member
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April 15, 2024, 04:18:15 PM
#32
Too many pockets of war going around the world right now, and maybe there could be some more added, but I think that is what we are going to see, pockets of battles. Israel and Iran situation definitely scared a lot of people because to be fair USA was getting ready to meddle with Iran, they already dislike them as much as possible, so when we are talking about Iran attacking USA's biggest ally in the region, that looked like it could become something huge. This is why I believe that its good that it ended very quickly, nobody would want a war, nobody should seek war, war is not a solution to anything in the world, there are so many other ways to resolve issues before you get to war.
legendary
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April 15, 2024, 03:41:48 PM
#31
The headline and thread don't have any connections... The world was never actually at rest, there was always conflict, the only difference is that some attracted more or less attention.

I would like to focus on the headline. When you say "counting the cost of WW3" it sounds like there are "those" who will pay and "those" who will "collect", and that is the "hard truth". When we put things like that, it is clear that poor people lose (much more than materially) while some corporations earn more than ever before. So the real question is "Who will profit most from the next great war"? Corporations that make weapons, control food and banks? While they enjoy their mansions and everything that money can buy away & far from everything, some other people will die...
legendary
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April 15, 2024, 02:03:01 PM
#30
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.

As you've identified, the poorest countries will always suffer in these wars - even if they are not the direct recipients of military action. Trade routes would start to shut down or be heavily affected. So-called developed countries would also suffer greatly because of that, but tend to have enough established resources that they would weather the storm a bit better. However I don't see it panning out like that, Iran and Israel will continue to hit each other at a low level, but the leadership in both countries knows it is suicidal to push things too far. Israel has nuclear weapons after all and if they feel like they are going to get wiped out, Iran will suffer the same fate too.

they all have nukes. iran wouldn't be this confident in retaliating if they had no capability. Russia is already siding with them and Russia may have armed them with nukes same as when Iran provided Kamikazzee drones to Russia.

the Persian Gulf will be controlled by Iran when all things go worse. they will close the Strait of Hormuz and the prices of gas and oil will skyrocket that's for sure. one thing that has changed since is that Iran has friends, it's not like before that the US and all others can isolate them.
legendary
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April 15, 2024, 01:48:33 PM
#29
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.

As you've identified, the poorest countries will always suffer in these wars - even if they are not the direct recipients of military action. Trade routes would start to shut down or be heavily affected. So-called developed countries would also suffer greatly because of that, but tend to have enough established resources that they would weather the storm a bit better. However I don't see it panning out like that, Iran and Israel will continue to hit each other at a low level, but the leadership in both countries knows it is suicidal to push things too far. Israel has nuclear weapons after all and if they feel like they are going to get wiped out, Iran will suffer the same fate too.
sr. member
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April 15, 2024, 12:19:38 PM
#28
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

Considering the economic crisis that have entangled most countries in the world today and to see that countries are still involving in war despite this economic challenges is rather unfortunate and inhumane however, some of the countries that are involved in war are being sanctioned by the United States on operating with the Dollars hence most of these countries have resulted to using Bitcoins as a medium of exchange hence, consistent selling of Bitcoin or exchange with fiat will continue to occur and thereby affect the price of Bitcoin but it certainly not going to hinder the demand and supply of more Bitcoins and of which will keep the market balanced.
No one should agitate for world war 3 now because it certainly gonna be disastrous.
legendary
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April 15, 2024, 01:28:38 AM
#27
I don't think Israel can afford to esculate the War against Iran or any of the other Middle Eastern countries. The countries that are supporting them, simply cannot afford to continue funding proxy wars like this, because they are also still suffering from the aftermath of Covid and the war in the Ukraine against Russia.

There are simply not enough money to sustain a global war, because the global economy are in shatters. I hope Israel will stop the war against Hamas, because it has gone too far now .. and Western countries should stop funding it.

We need Peace.... not a f@$%ken WWIII .. !
hero member
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April 15, 2024, 12:59:30 AM
#26
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.
Whenever there are new battles open up somewhere in the world, people claim that it will be world war three, but that never happens. We are not at a stage in the world where there will be a "world war", that's long gone. That was a valid possibility back in the day because it was tanks and weapons etc etc, nowadays they just fire missiles at each other, and even in the most battleground wars like Ukraine, you see not many moves and mostly staying at the same place.

So all in all, there won't be a world war, there will be "smaller" wars everywhere around the world, like China could very well attack Taiwan too, but we will not see anything turn into world war. Nukes do prevent bigger nations to attack each other, that's for sure.
legendary
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April 14, 2024, 10:35:42 PM
#25
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.

By definition WWIII would mean close to half the world would be at war.

If that happens I have to think someone is nuking.

If nuking starts fuck btc fuck the internet.

Empty land areas with caves. Mountains, food stashes will be the new wealth. Not btc

There won't be a world war, people are just paranoid because of the news surrounding Iran's retaliation against Israel. But if someone takes the time to learn about politics, that attack is just a scenario to appease both sides and everything is almost over.

This reminds me of when the war between Russia and Ukraine broke out, many people were also afraid and spread news about World War 3 breaking out, but then what? After more than 2 years, the war between the two countries has not ended but no major war has broken out. Conflict between 1 or 2 countries is inevitable for national interests, but the scenario of World War 3 occurring is a completely different story because it will affect all humanity. Surely powers with powerful economies like the US or China will never let that happen. They are not stupid enough to let a war happen and it would take hundreds of years to rebuild everything from scratch so they would never let that war happen.
legendary
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April 14, 2024, 09:25:52 PM
#24
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.

By definition WWIII would mean close to half the world would be at war.

If that happens I have to think someone is nuking.

If nuking starts fuck btc fuck the internet.

Empty land areas with caves. Mountains, food stashes will be the new wealth. Not btc
hero member
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April 14, 2024, 08:24:59 PM
#23
Thinking about costs, just to have some idea, the outstanding defense performed yesterday by Israel and allies costed more than 1$ billion dollars. That was the cost only to intercept the missiles launched against Israel. Now image a large scale conflict involving several attacks like that simultaneously in different regions of the world. How many billions of even trillions of dollars wouldn't a WWIII cost? It's insane to think people can burn a billion of dollars in a clash which didn't last even 1/4 of a day.

But to be fair, I think it has paid off very well. No casualties for Israel and 99% of the missiles intercepted with success! To put money into self-defense means to put money into good use. I know many people think it's a waste of money to use it for wars, but the reality is that nations have no choice besides investing in military affairs, under the risk of being instantly subdued by enemy forces in case they don't do so.
hero member
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April 14, 2024, 04:47:07 PM
#22
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.
This is quite difficult if you look at the current situation between Iran and Israel, on the other hand why Iran condemns Israel because they are too much against Palestine and also for a long time Israel has not stopped its aggression until today, they still have not given up on occupying Palestine, meanwhile some Arab countries think whether the next target is our country when Palestine has been conquered cleanly, I see Israel very greedy that maybe it could happen, and Iran takes precautions before they are slowly eaten.

Secondly, America firmly supports Israel, the country that pioneered human rights, they even strongly support the genocide perpetrator party, of course this is a strange thing isn't it, so in conclusion in my opinion it will be very difficult if Israel does not stop expanding its territory, if this continues it will trigger many countries to interfere, and all trade blocking will occur again which will certainly lead to a recession and an unstable economy and bitcoin will also definitely be affected.
legendary
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April 14, 2024, 03:12:44 PM
#21
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
I have the feeling that WW3 is not happening. The scars of WW2 is yet to heal so humanity cannot afford to go into another full blown war. What you are seeing might just be the instigation of the military industrial complex that makes more money in the time of crisis. I have the feeling that they will find a common ground in the middle east to avoid escalation because if it does, it will not favor anyone.

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.
In a time of war and uncertainty, I will prefer to keep my money in Bitcoin rather than in the banks or even at home. To have a better picture of what will happen to the price of Bitcoin in the advent of a world war, use the covid19 pandemic as a case study. The pandemic period coincided with the halving of 2020 and in 2021 we had the last bull run. This same thing will repeat should a serious way break out now.

it's what everyone could hope for that they could find a common ground for peace. but Iran raining down drone strikes i think is a message that they are capable of reaching Israel. with this conclusion, i don't think Israel can sleep soundly knowing they are surrounded.

Bitcoin is the only way to keep your money because once the government needs more money, they will come to confiscate everyone's gold and your bank accounts to fund the war.


sr. member
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April 14, 2024, 03:01:01 PM
#20
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
I have the feeling that WW3 is not happening. The scars of WW2 is yet to heal so humanity cannot afford to go into another full blown war. What you are seeing might just be the instigation of the military industrial complex that makes more money in the time of crisis. I have the feeling that they will find a common ground in the middle east to avoid escalation because if it does, it will not favor anyone.

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.
In a time of war and uncertainty, I will prefer to keep my money in Bitcoin rather than in the banks or even at home. To have a better picture of what will happen to the price of Bitcoin in the advent of a world war, use the covid19 pandemic as a case study. The pandemic period coincided with the halving of 2020 and in 2021 we had the last bull run. This same thing will repeat should a serious war break out now.
sr. member
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April 14, 2024, 02:08:13 PM
#19
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 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.
we don't know if this is what may happen but for a war outbreak affecting all nations directly or indirectly, what people will be thinking of is how they can be able to provide the essentials for themselves, things like foodsand this will force many small investors to sell so to have money to afford food instead of the opposite as you have said it. Investors that can take advantage of bitcoin under the condition of war are  government and top organisations getting to make transactionals deals with allies at ease and quick but about leading to excess supply am not quite sure.
legendary
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April 14, 2024, 11:48:25 AM
#18
This decade we're clearly seeing the return of wars, and deaths from wars being on the rise. Big-scale wars like Russia's war against Ukraine do cost a lot of money. For example, it's estimated that Russia's spending about $1 billion per day of its war against Ukraine. Ukraine can't spend as much, of course, but perhaps can spend around a third of that, plus there's some financial and military support by other countries.
But this is still nothing like World War III. I think the amount would be in dozens of trillions of dollars for that one.

$1B/day? damn Putin is that rich. but he is just using Iranian drones that are cheaply made, they say they only cost $25K each. that is certainly not going to make them poorer if this is what they are using.

but from what the news is saying, the Ukraine-Russia war is soon to end. they know Ukraine has nothing left to fight, they were even conscripting women already.  and so Switzerland will host a peace conference this June. they'd probably just talk about what Ukraine has to give up. that's the cost of war.
legendary
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April 14, 2024, 11:38:15 AM
#17
This decade we're clearly seeing the return of wars, and deaths from wars being on the rise. Big-scale wars like Russia's war against Ukraine do cost a lot of money. For example, it's estimated that Russia's spending about $1 billion per day of its war against Ukraine. Ukraine can't spend as much, of course, but perhaps can spend around a third of that, plus there's some financial and military support by other countries.
But this is still nothing like World War III. I think the amount would be in dozens of trillions of dollars for that one.
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April 14, 2024, 05:45:21 AM
#16
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.

The siren has been blown indicating that war will occur between Iran and Israel. If this continues for the next few days, the global economy will decline and even become a crisis. It has been proven that crypto prices have decreased further after the launch of Iranian rockets into Israeli territory, because crypto prices are safer when countries are peaceful and there is no conflict, people make transactions easily because they move online or digitally, so business people are very disadvantaged when there is a war, although there are also those who take advantage of the war.
hero member
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April 14, 2024, 05:37:46 AM
#15
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.
legendary
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April 14, 2024, 05:10:52 AM
#14
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.
sr. member
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April 14, 2024, 04:11:55 AM
#13
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.
hero member
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April 14, 2024, 04:08:01 AM
#12
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.
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April 14, 2024, 02:53:47 AM
#11
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.
hero member
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April 14, 2024, 02:43:42 AM
#10
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.
full member
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April 14, 2024, 01:54:51 AM
#9
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
legendary
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April 14, 2024, 01:42:15 AM
#8
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.
member
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April 13, 2024, 07:35:45 PM
#7
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.
legendary
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April 13, 2024, 06:59:25 PM
#6
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.

… 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
legendary
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April 13, 2024, 06:41:05 PM
#5
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.
hero member
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April 13, 2024, 06:41:02 PM
#4
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.
legendary
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April 13, 2024, 06:30:23 PM
#3
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.
sr. member
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April 13, 2024, 06:20:11 PM
#2
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
sr. member
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April 13, 2024, 05:57:51 PM
#1
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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