Topic: Does war affect the price of bitcoin? - page 2. (Read 819 times)
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.
In case of war, I do not think it only affects the bitcoin price. But depending on how big the war is, if war is a big war then all assets will go down I think, yes we know war will happen in big country, but with a lot of support on an asset, then I think the price will still fall but the possibility of the decline can still be on tap.
I agree, there's a possibility that it would affect the market, either decrease or increase of price, but it depends on the situation. If the war is in the place or country where bitcoin or crypto currency is mostly used, I think it would affect but not so worst. It can actually recover easily since transaction are done online.
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.
Probably it will an impact and it would cause cryptocurrencies to pump because there would be a lot of demand considering that war affected people will try to hide their money via crypto.You are welcome to express your views and opinions.
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.
You are welcome to express your views and opinions.
If a war broke down among hegemonic countries, bitcoin would be the least thing that I should worry for.
Answering your question, usually countries would be in a financial state of crisis during war as its resources would be exhausted for weapons and for providing funding for military services and products. Depending on the country, bitcoin would be affected but to a certain extent. Since bitcoin has its decentralized nature, there no exist a country where it has full control and regulation over it. The price may be affected somehow and it might be decreased significantly, but it will recover once another country supports its development and enhancements.
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.
You are welcome to express your views and opinions.
Actually to is possible to use bitcoin instead. But the fact that bitcion is being used online, reaquires internet and of course a mdium to use such as phone or computer will hinder people from thst country to really rely on bitcoin. When there is ward, communication is somehow down.
I am wondering what war they are even talking about. Syrian civil war is nearly complete, they will eliminate isis and there will probably be peace conferences. Bitcoin would be affected by world war but not syrian war.
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.
In case of war, I do not think it only affects the bitcoin price. But depending on how big the war is, if war is a big war then all assets will go down I think, yes we know war will happen in big country, but with a lot of support on an asset, then I think the price will still fall but the possibility of the decline can still be on tap.
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. You are welcome to express your views and opinions.
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 will definitely affect the price of BITCOIN because a lot of people will not want to put there money any form of investment(including Bitcoin) and would prefer to have there cash at hand.
It depends on the wars. If a war is so destrustive that leads to damaging the city of a country , then that could definetly affect the prices of cryptos because people cant think of buying or selling their coins , people wont think any business because their first priority is to save their lives from these wars. But if a the war is only specific from a small country or on a small city , then that cant totally affect the overall market.
im still hopping that there will be a world peace all over the world, not just for the sake of crypto prices but also to save peoples lives as well.
War will definitely affect the price of BITCOIN because a lot of people will not want to put there money any form of investment(including Bitcoin) and would prefer to have there cash at hand.
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. You are welcome to express your views and opinions.
USA and allies have declared war on Syria by firing 100 missiles into Syria.
The situation with Syria has cooled down since then. Trump was trying to please both the NeoCon warmongers and the countries against starting World War III, so he shot missiles at Damascus, but gave Russia warning in advance so that Syria could shoot them down. Russia didn't even have to interfere, and Syria got a chance to showcase their ground-to-air defense which bolstered Syrian morale. Ironically, firing missiles at Syria last month was a victory for Syria. Remember: Trump hates ISIS, and Syria recently defeated ISIS.Israel will continue to raise tensions with Iran, Syria, and their allies, but if Trump wanted to escalate with the RSII-Coalition then he wouldn't be inviting Putin to the Whitehouse. Economic ties are a strong disincentive against war, yet it is the countries with a robust economy that would raise the price of crypto when sanctioned. Somalia, Yemen and Gaza have tiny GDPs, and if Trump were to declare war on Syria or Iran then he would've done it already.
That's not to say that existing trade sanctions won't increase the price of bitcoin. Certainly there are already existing trade sanctions and economic sanctions between NATO and the RSII-Coalition, which can be bypassed through cryptocurrency.
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.
It is normal that if war starts for sure many investors will cash out because of being ready what ever happens,but the brightly individual will continue buy bitcoin for future purposes,this asset is been in our lives so after war everything will back to normal,and maybe after then the price of digital currency will grow that we dont expected You are welcome to express your views and opinions.
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.
See https://twitter.com Iran forces fire 20 missiles into Israeli territory
Yes, war will definitely affect the price of bitcoin. Especially so when that country has a large audience in bitcoin. Likewise, the market will be affected. The best options for those countries that will be affected by war is to invest and convert their assets into bitcoin.
You heve to keep in mind few things. But please note that one thing we have to understand is that currency warfare only happens and really affects when our currency is really strong. In the world there are many scenarios for dollars, which was also mentioned in James Rickards' Currency Wars, when Russia and China started to use a familiar currency, based on diplomatic and economic dominance in many other countries whether the US is still standing or not? It was a hypothetical scenario and it did not happen, but at this stage it was different. This is no longer the fight of money between nations, but it is a war of tycoons with nations.
if there is a war that happens to other countries the bitcoin value is not touched because there is nothing about the bitcoin in their war that is happening now, a testimony to that is why the battle is not due to bitcoin.
I think yes, because war can make bitcoin usage or bitcoin transaction increase and cause bitcoin price increase. I think this transaction is filled by buying and selling weapons and others, according to the news circulating reason Mr Trump attacked military base in Syria and assisted by its allies with reason, to retaliate on what America claims, that the Syrian army, has used chemical weapons to crush the insurgency in the Disputed Territory with the rebels. is bitcoin the best option? I think yes bitcoin is the best option because bitcoin prices are only affected by miners and transaction or deals between offer price and bitcoin demand price
I suppose you think at war in Syria. Or maybe elswhere? Anyway, I don't think that politics and war affect the bitcoin or other cryptocurrencies in any way, at least not at the moment. Cryptocurrencies are not that under influence of the world politics like fiat money is and that is actualy a good thing.
Jump to: