Topic: Does Bitcoin affect world trade? (Read 1137 times)
Now that crypto is nearly forbidden in many countries it seems impossible to be but maybe in future when crypto becomes more accepted everywhere this could happen.
I think its has affected world-wide trade. So many whales that joined in this crypto trade, yeah as you can see that dump and pump price supported by whales lol
Cryptocurrencies already traded on meta trade platform, they all paired by usd, It make crypto gain its interested person on it.
Cryptocurrencies already traded on meta trade platform, they all paired by usd, It make crypto gain its interested person on it.
Bitcoin does not yet affect world trade, although his quotes are already beginning to be present on major exchanges.
someday if bitcoin adopted in international trade and used as payment system replace L/C we will see bitcoin give influence in global trade. 
while the turnover of cryptocurrencies is not so big, in order to influence the overall economy
Bitcoin does not yet affect world trade, although his quotes are already beginning to be present on major exchanges.
Maybe this could change when the usage keeps growing, and now some African countries making it for their trading needs seems to be the start. They use it, because they need to carry bags and bags of currency as their money is completely valueless. Bitcoin provides with the ease of accessing.
Bitcoin is not yet widely use in global transactions so it won't affect any global trade. Governments and international traders uses the fiat in their tradings and business transactions instead of bitcoin or any cryptocurrency. There is a need to legalize the bitcoin first in every major countries before it can be utilize it as one of currency for global trade.
Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
And will it be in the future?
In my own opinion, personally I am not good in trader but I think Bitcoin can affect tye world trade. Why? because it also dealts with money and transactions, we knew that one of the process we make in Bitcoin was trading so it really affects the world trade especially if the investors wants to invest in Bitcoin and once it became legal it really affect the world trade.
I don't think bitcoin can directly influence the condition of the world economy because at this time cryptocurrency like bitcoin cannot defeat the global circulation of dollars so bitcoin has not been able to do that.
Crypto trading has affected the world traditional trading with other products due to the huge profitable properties of these crypto coins investors are welling and their desire for the traditional trade has been reducing since the birth of crypto world. Especially the Bitcoin is on the top which has most ratings from the side of investors as a better source of investment. To me, i see a greater influence of bitcoin price on the trading market. Most people are used studying the price of bitcoin to correlate with the prices of coins they possess.
I think investors in bitcoin are probably the same investors who work in world trade and instead of buying in trading they might spend money on bitcoin instead.
I am not a professional trader or economist but I like this topic. Allow me to share my opinion about this. I stand up, I think it will affect world trade. Because we deal with money.
Of course, crypto-currencies have a great influence on the world economy, questioning the fundamentals of traditional currencies and the existing financial system.
Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
Yes bitcoin really affect the altcoins.And will it be in the future?
And i think stock exchange doesn't affect much .
We really don't know the flow of the market for now because all of them re falling
Of course at this point, not yet. The community is probably not big enough to affect anything at a world stage. Even the december run last year probably only took people's attention towards bitcoin but didn't affect anything in a national level.
I have not heard of such operations yet, but I think it's possible.
Almost all the real investors’ demand for the Bitcoin and few others best recommended cryptocurrencies for they get better profit from the crypto world. After the announcement of Bitcoin as investment source in the world or you can say after the modernism of currency people started to proceed for Bitcoin and then other crypto coins. This reduced the traditional trade but not too much as almost all the investors have investments in both traditional world and modern world.
Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
Yes bitcoin really affect the altcoins.And will it be in the future?
And i think stock exchange doesn't affect much .
We really don't know the flow of the market for now because all of them re falling
Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
Some country already started trade by bitcoin. Many company also accept bitcoin for their payment system. Now fifty above countries use bitcoin and this number are increasing day by day. Hope that very soon will start international business by bitcoin, and bitcoin will be good rule for international trade. And will it be in the future?
maybe bitcoin in the next few years can have a definite influence on world exchanges but that requires the acquisition of all countries against bitcoin.
Bitcoin is the enter of maximum trading pairs on all exchanges, which dominates most of the final altcoins, which include ETH. Bitcoin charges have a huge effect at the charge of altcoin. further, ICO projects have bitcoin inputs to purchase task tokens, so the effect of bitcoin on the altcoin price could be extended.
Bitcoin already have a huge market cap. This market cap if added to the national trade then it is already a huge amount which could affect the money movement all over the world.
In my own opinion, Yes it can affect the world trade because some of the investors that has assets are selling their investments in order to switch into cryptocurrency.
btc is not strong enough to affect the markets of major countries. but btc can be affected by these countries. these are different things.
I don't think bitcoin can directly influence the condition of the world economy because at this time cryptocurrency like bitcoin cannot defeat the global circulation of dollars so bitcoin has not been able to do that.
I totally agree with you. At this point, e-money does not have the capacity to determine the overall economy. Because the leaders have won and gone. And leave the remnants of what remains. Jump to: