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Topic: Does war affect the price of bitcoin? - page 3. (Read 822 times)

newbie
Activity: 84
Merit: 0
April 24, 2018, 02:25:15 PM
I don’t think this is related to this particular war, more to all instability in the world
full member
Activity: 634
Merit: 118
Bounty Hunter Indonesia
April 24, 2018, 02:17:03 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.
I think world politics will not affect the price of bitcoin in particular and cryptocurrency in general. because the two things are very different concepts. but here I think that world politics will greatly affect the users of bitcoin and cryptocurrency. because if it happens, it is certain that every participating country will enact an economic policy that may incriminate bitcoin and cryptocurrency. thats my opinion bro Cheesy
full member
Activity: 1092
Merit: 117
April 24, 2018, 02:05:35 PM
I don't think the war that Trump is preparing, if it's true, will affect a lot the world, probably only what is related to those countries that participate. It is not a world war or a war between two big countries like USA and Russia to affect the whole world. I know that pretty much all I Co's are restricting people from USA joining and buying tokens from them so for altcoins is not going to be a problem. Probably the US dollar will be affected, but I don't think this will lead to a crash of bitcoin. The price could go down a little since there are lots of people using bitcoin in USA but nothing big.
sr. member
Activity: 1162
Merit: 260
April 24, 2018, 01:17:40 PM
War can affect the whole world economy and it can certainly affect the bitcoin price. The citizen of a war affected people will surely not choose bitcoin as an investment. The war situation in the middle-east is not new so I don't think that will cause of any price change but a big scale of war can significantly change the bitcoin price.
member
Activity: 266
Merit: 10
April 24, 2018, 01:16:56 PM
It could be a major predicament in sense that, If the war starts on the major countries that we may consider has the most transactions made or users engaged in the crypto world, then the possibilty of the rates will definitely fluctuate. But that will still depend on how does the Government handle their economic stability in times of war. Therefore, it is subjected to change at this time.
newbie
Activity: 224
Merit: 0
April 24, 2018, 01:15:01 PM
The biggest reason to influence prices is the volume of money on the crypto exchange. If you enter the market in the big mint, the prices go up. If big money is being taken from the market, prices are falling.
It is not known that people will need the cash money at the time of war. But if big money is withdrawn from the market, the prices will fall too.
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
April 24, 2018, 01:11:06 PM
Yes it would surely affect the price of Bitcoin,
If the war begins and lot of people needs money then they would surely sell their cryptomd it would drive the price down.
Who would hold their crypto when they are dying in hunger ,When their family is suffering and their stomach is empty?
newbie
Activity: 48
Merit: 0
April 24, 2018, 01:07:52 PM
One of the great things about Bitcoin is that it's an uncorrelated asset. It's not really tied to any particular sector of an economy like traditional assets. People often attribute certain world events as being the reason Bitcoin goes up, from Cypress to Brexit to Trump, but the truth is that it rises and falls based purely on its own merits.
newbie
Activity: 238
Merit: 0
April 24, 2018, 01:05:55 PM
political and international activity affect the price of bitcoin . bitcoin price depends of lots of factor any single financial movement can change or affect the btc price .
newbie
Activity: 238
Merit: 0
April 24, 2018, 12:41:15 PM
The biggest factor affecting bitcoin prices is the amount of money entering and leaving the crypto stock market.
If a large amount of money is withdrawn from the market, prices suddenly fall down. For this reason, it is necessary to examine the volumes of crypto money.
You can make money by using this variant.
sr. member
Activity: 1204
Merit: 250
April 24, 2018, 12:11:49 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.

I don't think war will really affect the price of bitcoin, except the really big scale of war. it probably affects a bit, but bitcoin is borderless. destabilized few countries doesn't mean destabilized bitcoin. history tells us that technologies keeps growing during war, because war uses technologies. even computer is found due to war need. do you remember Alan Turing create the computing machine to win the WW2 !? moreover, paper money may become lack of use in case of international transactions during war, bitcoin can be solution.
sr. member
Activity: 574
Merit: 250
April 24, 2018, 12:07:34 PM
For me the bitcoin not being tied to any nation should not be affected by a war and if it is affected it should increase in value because someone sees it as a refuge. The btc is different from fiat currencies that are always influenced by the political and economic events of the nations.
newbie
Activity: 55
Merit: 0
April 24, 2018, 12:00:38 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.


In the war years, the skyrocketing prices are the norm. The legal currency will continue to depreciate. Only Bitcoin and gold can maintain their purchasing power.
sr. member
Activity: 882
Merit: 403
April 24, 2018, 11:40:09 AM
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.


Well, it depends on the adoption that has already happened. If a war happens on a country that has a lot of crypto currency users in it, then those people would most probably put almost all of their funds on bitcoins just to be safe which in turn would make the prices go up a lot or a bit depending on the number of people and how big every person puts into cryptos. But if not, then I think it wouldn't affect the prices that much. That's what I think.
copper member
Activity: 67
Merit: 0
April 24, 2018, 11:16:01 AM
That two of the most important bitcoin on the world markets, such as Japan and China, are so closely in the area of tension is something that could have an impact not only in the price of its currency, but in the of the bitcoin.
North Korea has reserves of bitcoin, nation, or rather, its leaders, would benefit from an escalation of prices. Although the bitcoin is not a centralized asset like oil, where producing countries follow global standards and work together to maintain a stable price. The bitcoin, by their characteristic of being a decentralized well, not usually be affected in the same way as other reserve assets.

However, as already mentioned above, such a conflict would involve, at least more than 3/4 of world markets of bitcoin by trading volume.
full member
Activity: 290
Merit: 100
April 24, 2018, 11:09:04 AM
For me the war in other country is not affecting the value of bitcoin, the really affecting the price is the FUD and fake news, together with the banning of bitcoin is some country in asia.

Well if there is going to be a war on a certain country or even a world war of course bitcoin would be annihilated to, I mean, if the people who are responsible on making bitcoin moves in the market dies, then the supply will become zero in no time and sadly it could die like what might happen to us if there is going to be a war, and no one will think about bitcoin during that, that is insane.
newbie
Activity: 74
Merit: 0
April 24, 2018, 11:07:26 AM
I think war doesn't affect the value of bitcoin. Bitcoin not owned by a country. So the war never affect the value of bitcoin
jr. member
Activity: 210
Merit: 1
April 24, 2018, 11:03:01 AM
I think it depends on the severity and sensitivity that goes with the war. conflicts
and calamities have certain impact the influence stock markets and even crypto.
Whenever there are fuds, hacks and scandals pertaining to crypto coin or trade
site the prices seems to react also. I think a big and disturbing war would definitely
have significant impact on bitcoins. It will surely bring prices down while a lot of
people and business are gonna be affected.
sr. member
Activity: 980
Merit: 250
April 24, 2018, 10:56:03 AM
in my opinion, there is no effect of war on bitcoin as it is not under control of any country and syria is not a big country where too much people involved in it. Maybe there is some volatility in that time but it has not much effect on its growth potential.
sr. member
Activity: 1484
Merit: 276
April 24, 2018, 10:55:49 AM
It may affect if a huge country thats into bitcoins will be included in the war then it may affect bitcoins price in a huge quarter if a certain country gets humilated and destroyed and people there has huge amount of bitcoins holdings,but most likely even though a country is not included at war it may still affect a bit
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