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Topic: Does war affect the price of bitcoin? (Read 819 times)

newbie
Activity: 85
Merit: 0
September 10, 2018, 12:51:41 AM
If this war really happens, then this may have an impact on the bitcoin market, and people in the war may choose cryptocurrency as a safe haven!
newbie
Activity: 111
Merit: 0
September 09, 2018, 11:30:08 PM
Well, it's hard to say, I'm not strong in politics and it all depends on the scale of the war
newbie
Activity: 99
Merit: 0
June 12, 2018, 12:15:19 PM
I agree that the war affect the price of bitcoin. Make sure that bitcoin's price will be affected by any war. The fact that man is the subject of all actions in the market, where war is directly influenced by man. Bridging nature, you understand? If human dose not hold hands together, the market will be damaged.
full member
Activity: 882
Merit: 104
June 11, 2018, 06:21:23 PM
Mr Trump has announced a precise crackdown on Syria, a war that would destabilise the world and would buy other assets for safety. Is bitcoin the best option? I find that bitcoin has indeed started to grow.

You are welcome to express your views and opinions.
Of course yes bitcoin is the best option to save our investment even its risky but bitcoin is proven to make a good profit and we can bring this any where as long we have connection in internet. So wars can affect the price of bitcoin.
full member
Activity: 434
Merit: 100
June 11, 2018, 05:55:45 PM
Mr Trump has announced a precise crackdown on Syria, a war that would destabilise the world and would buy other assets for safety. Is bitcoin the best option? I find that bitcoin has indeed started to grow.

You are welcome to express your views and opinions.
A war affects the price of everything, but the effects will depend on the scope of the war, if the war only involves a country or a small region the prices of things will only be affected in that part of the world while in the rest of the world things will remain the same, but if the war becomes bigger to the point of becoming global then the prices of everything all over the world will be affected by this.
newbie
Activity: 107
Merit: 0
June 11, 2018, 09:12:20 AM
If war occurs between countries in the world. You know that there is bitcoin in the country, and the country bans bitcoin. So be sure that the price of the bitcoin will be affected by any war.
sr. member
Activity: 2422
Merit: 357
June 08, 2018, 07:56:36 AM
War affects everything, especially the loves of people around it, physically, mentally, socially, economically etc. If the people is affected, the government and economical aspect are affected also. Im sure not only cryptocurrency will shutdown because of the damage but also banks and other businesses.
full member
Activity: 219
Merit: 101
June 08, 2018, 02:22:36 AM
In my personal opinion, war will affect bitocoin, but that will affect the positive direction, not the negative direction. Because when there is war, the value of the dollar will be low, people will convert the dollar into bitcoin, because bitcoin is a safe place to store and move easily.

Definitely war will affect bitcoin because war affects the life of people and their businesses as well. When people have no money for investment in bitcoin, naturally it will affect and will go down due to low trading and low investments. During the war people want to survive by any way and nobody will even think about investment in bitcoin and anything else.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
June 07, 2018, 03:53:38 PM
Mr Trump has announced a precise crackdown on Syria, a war that would destabilise the world and would buy other assets for safety. Is bitcoin the best option? I find that bitcoin has indeed started to grow.

You are welcome to express your views and opinions.
There are two conditions that the war will bring for the bitcoin and will have a two type of affect on the price of bitcoin. In the war many people try to secure their wealth and they are searching for a good place for to secure that, now in war the price of bitcoin will either decrease if people thought it as a risky place during war or the the price of bitcoin will boost up higher if the people thought it as the best and secure place for the wealth.

Wars mainly affect markets. Let's think about gold, silver, petroleum and natural gas prices. When wars happen, people start shifting their capital to trusted assets such as gold and petroleum. Bitcoin is similar, if war happens, bitcoin price will increase.
War has affects on the price of Bitcoin because if users of Bitcoin die in war or any war like activity then it indicates that Bitcoin lost a user and similarly other people will dies as well which will bring reduction in the users of Bitcoin and other crypto coin’s users. Bitcoin is war irritant and will affect with it directly but the reduction is not as much to bring the coin valueless.
full member
Activity: 366
Merit: 100
June 07, 2018, 02:19:27 PM
War will have some impact over bitcoin, because when the war takes place over a country where it has got increased number of users automatically the circulation and the adoption gets disturbed. This gets reflected upon the growth scaling with respect to time period.
jr. member
Activity: 126
Merit: 1
June 07, 2018, 01:45:09 PM
That's a really good point of view you have there Sir. I've never thought about this and in fact I totally agree with what you have said in this topic. Going with Bitcoin, as it is decentralized, is a great thing for Syrians, obviously peace is the greatest thing to happen with them, but it is what it is, war is a huge problem for any country. I hope it settles down in the near future, again I give you props for your thinking.
newbie
Activity: 84
Merit: 0
June 07, 2018, 12:15:33 PM
Mr Trump has announced a precise crackdown on Syria, a war that would destabilise the world and would buy other assets for safety. Is bitcoin the best option? I find that bitcoin has indeed started to grow.

You are welcome to express your views and opinions.
very appropriate if Bitcoin backed up the safety of life in the form of wealth because in the war we do not know when will die. What we think is our family. Families should know about Bitcoin and its contents
member
Activity: 307
Merit: 10
June 07, 2018, 10:33:08 AM
I think the war will not affect the bitcoin, and vice versa bitcoin will increase. Because bitcoin is not like gold, unlike traditional coins. If there is a war, bitcoin is a secure storage solution that will not be lost.

A small local war would have little effect on bitcoin. But world war would certainly have had a significant impact on the market. Destruction of electrical infrastructure or Internet would seriously limit access to the cryptocurrency market.
full member
Activity: 357
Merit: 102
June 07, 2018, 07:14:07 AM
I think the war will not affect the bitcoin, and vice versa bitcoin will increase. Because bitcoin is not like gold, unlike traditional coins. If there is a war, bitcoin is a secure storage solution that will not be lost.
To some extent you are right but if a holder dies then what will happen. I think that many people will withdraw their money from bitcoin because during the war they want money because of any emergency and for cash money they will sell their bitcoin. Other reason for withdrawal is this that people will think about internet and blockchain technology. If these two fail, all the investors will lose their money.
sr. member
Activity: 462
Merit: 250
June 06, 2018, 02:51:28 PM
War ia one of the greatest problem a country faces. It doesnt mean always about physical war but also the war of people to its economic situation. Well i  think that people forget to think that in physical warfare all of us have common in denomibator. We have no money, no money.
But with bitcoin, remember that we are family and that we make difference for our countries.
full member
Activity: 868
Merit: 151
June 06, 2018, 12:16:36 PM
Since Bitcoin has become a global currency war in nations and at the global stage will definitely affect Bitcoin market value negatively because Bitcoin react to fundamental issues like war, politics and other forms of good news.

I think it can effect because the country economics dynamics get hugely effected and if the country has the good position in the world it will directly effect the other country GDP as well and thus people will start selling the btc as they would require money to spend as things will get a lot costlier.
Mr
sr. member
Activity: 309
Merit: 250
June 06, 2018, 12:14:19 PM
i think that war affect the price of bitcoin extremely strong. Why? Because bitcoin is digital which can not be harmed by war. People will come to this coin in order to save their property. They understand that war can destroy physical things. Therefore, they will buy bitcoin which will make the price increase significantly
sr. member
Activity: 376
Merit: 250
June 06, 2018, 11:56:37 AM
I really think so, because every negative things happened affects every country’s economy, when economy affected every investment will down together as well, prime commodities are affected too. And when peace and good relationship will rule all over each country, there is always a good impact to all as well. And when the oil price also keeps going high all over the world, there is also a decrease of our income in terms of investment and other business forms.
Bitcoin being considered as a currency as well as an investment using it at tim e of war , the growth or leasing of materials ,food and necesitieas  higher in demand that will make it
newbie
Activity: 12
Merit: 0
June 06, 2018, 05:38:34 AM
I think the war will not affect the bitcoin, and vice versa bitcoin will increase. Because bitcoin is not like gold, unlike traditional coins. If there is a war, bitcoin is a secure storage solution that will not be lost.
newbie
Activity: 12
Merit: 0
June 06, 2018, 04:33:25 AM
In my personal opinion, war will affect bitocoin, but that will affect the positive direction, not the negative direction. Because when there is war, the value of the dollar will be low, people will convert the dollar into bitcoin, because bitcoin is a safe place to store and move easily.
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