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Topic: Does war affect the price of bitcoin? - page 6. (Read 822 times)

newbie
Activity: 127
Merit: 0
April 16, 2018, 08:02:33 AM
#69
War between the nations or in the countries was so rare nowadays. Because of the United Nation and peace talks. Does it affects the Cryptocurrency or the Bitcoins?? Other say's YES because of the assets that will be lost and sell. No because Bitcoin does't care what was happening but only to save and earn for you.
On my opinion war doesn't affect the price of the Bitcoin.
full member
Activity: 322
Merit: 101
April 16, 2018, 07:08:32 AM
#68
Bitcoin would not be affected by war unless countries destroy underwater internet cable, people that are mining are affected by power outage and other factors. Then war can affect bitcoin.
legendary
Activity: 1344
Merit: 1251
April 16, 2018, 06:24:44 AM
#67
Hi,

I think that external event can indeed influence the price.
Though, I must say that I don't really see the link between a war and bitcoin

Maybe I am completely wrong, though, and if you have any examples, I would be glad to see them!
full member
Activity: 490
Merit: 100
April 16, 2018, 06:17:32 AM
#66
USA and allies have declared war on Syria by firing 100 missiles into Syria.

If Russia and China joins forces and enter the WAR, that will be a major WAR.

It is advisable to sell Bitcoins and buy gold and silver because gold and silver protects people's wealth during wars and inflation.
Price of the coin will of course fall due to the war. WWII left the participant countries in terrible state. There was large unemployment and inflation. Political instability in the countries was the sole reasons people started migrating and investing elsewhere. Majority of people who have invested in Bitcoin are from the 4 actively participant countries in the war and many from the allies. This situation is terrible and if not stopped, the demand of the coin will fall and the prices as well. How ever the demand from the rest countries will try to keep it in the equilibrium position.
newbie
Activity: 182
Merit: 0
April 16, 2018, 05:54:23 AM
#65
Of couse, any war is a tragedy and it affects people, governments and economies all around the world. I think it`s not the right time to panic. For now we have what is called moral panic - people make various judgements, suggestions but as it was posted earlier - we know exactly what we are allowed to know. Personally I think that we should continue to live our own lives and do what we are good at.
newbie
Activity: 57
Merit: 0
April 16, 2018, 05:41:20 AM
#64
Ofcourse it will affect because economy will be affected.
full member
Activity: 816
Merit: 133
April 16, 2018, 05:38:57 AM
#63
It could have some major effects, since a war could bring a lot of damage not only physically but also economically and mentally. If the war started 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.
full member
Activity: 434
Merit: 104
April 16, 2018, 05:26:21 AM
#62
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.



Everything is possible. We only know what we are allowed to know. And how are things really there .. I honestly do not like politics and everything that is connected with it) But I think bitcoin and things like that have been involved in these cases for a long time already
member
Activity: 308
Merit: 14
April 16, 2018, 03:15:33 AM
#61
Yes offcaus, war can affect bitcoin price, war can affect world system, without peace and stability, nothing can be done, not only bitcoin but everything, invest your money on bitcoin wisely.
newbie
Activity: 71
Merit: 0
April 16, 2018, 03:03:35 AM
#60
Yes I agree with your opinion in Monaco. So I agree with your opinion. Bitcoin is very suitable for investing in our resources, so I'm Monaco. If we want to get all the benefits of using I S Bitakay in I Barokatha, we get many opportunities. It is important, with Bitcoin, we can still bring our investment as long as the internet network. So my Monaghan Bitakken should be used by everyone.
full member
Activity: 221
Merit: 101
April 15, 2018, 08:40:47 PM
#59
It will definitely affect the price of bitcoin and most probably negatively. Because at the time of war, people would want cash money instead of digital currency. They would try to cash out their money in case internet is shut down or banks are shut too. People in real life (offline) don't accept bitcoin so it won't be useful to keep it during war.
legendary
Activity: 3416
Merit: 1225
April 15, 2018, 07:28:21 PM
#58
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.
member
Activity: 223
Merit: 11
April 15, 2018, 07:02:09 PM
#57
In my opinion, global chaos is generally seen as beneficial to Bitcoin price since Bitcoin is apolitical and sits outside the control or influence of any particulate government.
hero member
Activity: 1862
Merit: 590
April 15, 2018, 06:41:12 PM
#56
War effects almost everything in this world so it could have a big effect on the Bitcoin price. When there is a war, most people tend to invest their money into safe haven assets such as gold and other precious metals such as silver. However we are seeing a trend now where people are switching to Bitcoin as a safe haven so it would be interesting to see what does happen to Bitcoin if a war breaks out.
member
Activity: 252
Merit: 10
April 15, 2018, 10:48:57 AM
#55
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.
jr. member
Activity: 1330
Merit: 7
April 15, 2018, 10:46:27 AM
#54
This is an interesting topic. I will consider some parameters for my contribution:  If the war did not affect countries that support bitcoin, that means those countries can still mine Bitcoin. Those in possession of Bitcoin mining equipment must find way to liquidate their assets to other countries or transfer the mining to more peaceful countries. Physical gadgets or electronic gadgets stand the risk of being damaged or destroyed,  in such case it might be better to have a web wallet to transfer your Bitcoin than storage in Hard wallets. The price of Bitcoin will be affected but it all depends on the area affected by war as well as the level of transaction due to liquidation of assets or sell of bitcoin. Infact, Bitcoin could play an important role to reduce loss in money as people are now their own banks.
hero member
Activity: 1904
Merit: 510
April 15, 2018, 10:42:39 AM
#53
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 do not agree with you. because after all, the war will be opposed by all anti-war countries. although the American invasion of the Middle East. it will not change the development of crypto. of course there are many factors that corroborate my prediction. some of my friends who are there, sometimes difficult to access internet services. it is an obstacle for the Middle East to engage in bitcoin or crypto.
full member
Activity: 1008
Merit: 101
April 15, 2018, 10:36:01 AM
#52
If the war is going to happen now, of course, most will all invest in bitcoin because there is an option where everyone will save their finances safe because the most feared thing is a war where all will think about how they are to make the wealth will not disappear.

Exactly the bitcoin currency will not be effected with it, if it will be war people will surely save their bitcoin and they will not let the market get wasted like this so I think bitcoin will not be effected by it,  for me it is very important to have patience if bitcoin will get down for some time even then I won’t suggest anyone to sell it because after ending of the war price of bitcoin will increase once again and this time price will be higher than our own expectation.
full member
Activity: 353
Merit: 100
April 15, 2018, 10:10:11 AM
#51
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 has a huge impact on the price of Bitcoin. Think about it. when war occurs. What can safely store your property? Gold, mineral is not safe. bitcoin is different. It is very safe. Just having an internet connection will protect your money. That was my thought
newbie
Activity: 112
Merit: 0
April 15, 2018, 10:08:02 AM
#50
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 because once war started it will be a big goodbyes to all crypto transaction.
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