Pages:
Author

Topic: Does war affect the price of bitcoin? - page 5. (Read 822 times)

newbie
Activity: 61
Merit: 0
April 24, 2018, 08:35:17 AM
#89
In response to this question you need to keep in mind a few things. But 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 have been many scenarios for the dollar, which was also mentioned in James Rickards' Currency Wars, when Russia and China started to use a common 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.
hero member
Activity: 1190
Merit: 534
April 18, 2018, 09:45:22 AM
#88
Yes, a serious war between two or more countries would affect the price of Bitcoin considering the indirect price domino effect on other countries. However, I am not sure that it will affect in a positive manner or in a negative manner as there are both possibilities. People might think that it is not a wise idea to keep money in banks when things are unstable, on the other hand, people might think in the same way for Bitcoin in such case so it is difficult to predict anything in my opinion.
full member
Activity: 532
Merit: 100
April 18, 2018, 09:04:17 AM
#87
The war has made people concerned about the protection of property. I think many people will come to Bitcoin to invest and hide their property. So Bitcoin will raise prices.
member
Activity: 280
Merit: 10
April 18, 2018, 08:55:25 AM
#86
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 that the war does not affect much Bitcoin in the current situation, the market is fluctuating a lot, but there are very well developed money like Eth, many investors are afraid of their money if Like the war broke out in their country.
hero member
Activity: 1666
Merit: 701
April 18, 2018, 05:44:05 AM
#85
Sure, that's very influential. Because when the war happened, the people will be afraid to save their money in a bank or used fiat money. Bitcoin and gold are the one of best solution.
member
Activity: 336
Merit: 10
April 18, 2018, 03:13:57 AM
#84
Usually, war helps to raise the economies of those countries that supply arms to the belligerents. At the cost of bitcoin, the war should not be affected.
full member
Activity: 391
Merit: 100
SOL.BIOKRIPT.COM
April 18, 2018, 03:11:47 AM
#83
Yes of course, if war is in the place of one of the supporters of bitcoin and attack the innocent people by the terrorist so the supporters of it will going decreases. If bitcoin has lowest supporters, also price of bitcoin will going low.
newbie
Activity: 154
Merit: 0
April 18, 2018, 03:11:02 AM
#82
I think bitcoin is quite risky when it's used for serious stuff, bitcoin is still on the brink of status, there's no full clarity about the status of bitcoin, let alone price is very controversial in bitcoin.
member
Activity: 238
Merit: 57
April 18, 2018, 02:52:46 AM
#81
War in any country, clearly destabilize the whole world and I figure in war time, the valuation of BTC will increment on the grounds that in the war time, there will be shortage of everything and yes clearly the monetary emergency will be one of the significant issue and on account of which, the valuation of BTC will blow up in light of increment sought after. So yes, the war time could be useful for BTC.
jr. member
Activity: 168
Merit: 2
April 18, 2018, 02:26:14 AM
#80
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 the war will have some positive impact on the price of bitcoin, and in the volatile situation people will buy bitcoin, not gold, because it's easier to store. But I don't want to see bitcoin go up because of the war.
member
Activity: 196
Merit: 12
★Bitvest.io★ Play Plinko or Invest!
April 18, 2018, 02:18:06 AM
#79
There are several factors that could indirectly affect the prices of btc and pretty much everything. Although "war" has been happening for as long as i could remember. I guess we'll when there's a real escalation.  I really hope not. But the truth is btc is relatively new so we havent seen first hand how it reacts to "war".
hero member
Activity: 840
Merit: 520
April 18, 2018, 02:12:10 AM
#78
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.
War in any nation, obviously destabilise the entire world and I guess in war time, the valuation of BTC will increase because in the war time, there will be scarcity of everything and yes obviously the economic crisis will be one of the major issue and because of which, the valuation of BTC will definitely inflate because of increase in demand. So yes, the war time could be beneficial for BTC. 
full member
Activity: 640
Merit: 104
April 16, 2018, 11:49:02 AM
#77
I think the war also affects bitcoin because in a country that will fight there must have bitcoin and there are also investors in that country. I think the effect on bitcoin prices, the possibility of bitcoin prices will decrease as investors will decrease.
full member
Activity: 336
Merit: 121
April 16, 2018, 09:26:14 AM
#76
War does not just affact bitcoin it also affect the whole country's status. The people are affected they're safety is at risk. What do you think  this people were thinking if they think that they will still continue using bitcoin?
Surely, as mate mentioned that war not only affect bitcoin but also affect whole country.
War is the most dangerous things for every country. It bring back countries to 20 to 50 years like their development , economics etc. War have also strong affect on bitcoin if war happen between any two countries then bitcoin price will be hugely affected.
member
Activity: 344
Merit: 11
April 16, 2018, 09:24:24 AM
#75
I also feel that bitcoin is the best asset to invest or to keep our prices in a state of war, because we will not be able to carry our immovable assets in the war and that can be very inconvenient, and bitcoin is the best way.
Bitcoin is very good, but I think it would not be the best asset. The best asset is the gold, the price of gold will rise because of war, not bitcoin
sr. member
Activity: 658
Merit: 254
For campaign management, please pm me.
April 16, 2018, 09:21:36 AM
#74
War does not just affact bitcoin it also affect the whole country's status. The people are affected they're safety is at risk. What do you think  this people were thinking if they think that they will still continue using bitcoin?

War affects all not only bitcoin. War is a very serious topic to consider. Once there is war, all things might change such as prices of good and commodities and also prices of coins. It might drop since the value of it become lesser if we talk about war.
Indeed price of the commodities will incress because of low supply due to alot of limitation. And also there will be no one that will invest in that very difficult situation. It is not a priority so why bother.
hero member
Activity: 866
Merit: 1001
April 16, 2018, 09:18:59 AM
#73
Whenever a war occurs,it destabilise the country's economy which is linked to the war.Uuuntil now,people have found assets like gold to be safer during wars.But bitcoin has not faced any war situations yet.If a war occurs,it could not be said that people would chose bitcoin as it has not gained enough trust when compared to gold.
full member
Activity: 294
Merit: 101
April 16, 2018, 08:24:11 AM
#72
of course if there is a commotion between countries will greatly affect the bitcoin price is caused by the decline of enthusiasts or the investment in bitcoin, especially if the country is a big country and the frightening of many investors in it certainly bitcoin prices will drop dramatically.
full member
Activity: 616
Merit: 100
April 16, 2018, 08:09:05 AM
#71
of course bitcoin price will affected if the war happen, because it will makes the currency in this world will unstable and i think bitcoin will be the way to makes their money can stable because bitcoin price will be the most stable if the war happen
sr. member
Activity: 574
Merit: 251
April 16, 2018, 08:06:40 AM
#70
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.

Yes, of course, Bitcoin is the best option right now, but I don't think  the bombing will escalate to world war but we still have to see how Russia reacts to it, it will not harm bitcoin price so far it is showing it's not, war between two countries is very much different from world war we have so many wars going around the world.

Indeed there is no way its gonna affect the prices of bitcoin. I mean America and Syria has got their own wars and its about the politics, fundamentals and much more but its not about the trades or investment which ended up badly in between them. So it doesnt hamper the prices of bitcoin at all. The economic circulation of the country will get disturbed when there is world war itself and then that could indirectly affect the bitcoin value as well. However you have to know that there are actually huge number of small and big wars around the world but we dont even realise that they are happening out there. Still bitcoin is here and its going up. So its kinda depends on what stuff the war is really.
Pages:
Jump to: