Does war affect the price of bitcoin? - page 8.

Umkar

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Quote from: zhanghoqi5 on April 14, 2018, 01:46:22 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.

In the zones of local conflicts, the price of bitcoin rises sharply. We could already see this from the tension between North Korea, on the one hand, and South Korea and the United States, on the other. When there the tension reached its peak, in that region the rate of bitcoin and some other crypto currency sharply jumped up. This situation is much more serious. Not everyone has the opportunity to convert their money into gold and jewelry. Therefore, we should expect that a certain part of the population will invest their savings in the crypto currency. I think that in the near future we should expect an increase in the price of bitcoin, and with it also another crypto currency.

jtipt

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Quote from: biboy on April 14, 2018, 04:00:20 AM

Those person who are always sad are the person who does know bitcoin well, I don't think that bitcoin should be fear of, when in fact altcoins and ICO's should be the one, they will be dead but not bitcoin so we don't need to fear of something that will not ever happen.

Says the person advertising an ICO.
But anyways yeah I would agree with you mostly. ICOs lately have been just cash grab and nothing more, the tokens take months to even come on an exchange if they come come.

On the matter of wars, well it's obvious that a large scale war affects the economy of the participating nations, which in turn will affect bitcoin is some or other way. They could be liquidation of bitcoin for quick cash by some people, while others might decide to invest in btc in fear of their nation's economy crashing after war.

akmittal

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Bitcoin is the best asst if there is a war. Because you can held your Bitcoin wallet address and password in a small chip or on cloud. One can take Bitcoin anywhere worldwide.

upisdown

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Yes, of course, any changes in the economic system or political system will change the price of bitcoin.

biboy

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Those person who are always sad are the person who does know bitcoin well, I don't think that bitcoin should be fear of, when in fact altcoins and ICO's should be the one, they will be dead but not bitcoin so we don't need to fear of something that will not ever happen.

Missterio

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Soon, the price will fall again, in the coming days the price will be lowered, if the conflict continues the price will fall dramatically.

talkbitcoin

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Quote from: zhanghoqi5 on April 14, 2018, 01:46:22 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.

there has always been tension between US and some other country in the world as long as i can remember. and not always they lead to war and wars don't exactly have to have a global effect.

with that said bitcoin has proven itself to be a very good thing to invest in and because of that you can be sure in case of a war breakout it will shoot up.

faithupgrade

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Bitcoin is good as a mode of transaction during this case. Even terrorists are using crypto currency to pass funds directly to the recipient anonymously. What a relief lols. The problem is Bitcoin relies completely using the internet.

Quote from: zhanghoqi5 on April 14, 2018, 01:46:22 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.

rumexx

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If there is war it will affect economic of the world especially the area the war is raging. Bitcoin is part of economic tendencies so it will be affected but it can be positively or negatively. If positively the value will rise and if negatively the value will drop and this will ensure loss.

Arlibtchunt2018

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Quote from: zhanghoqi5 on April 14, 2018, 01:46:22 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.

In my point of view it could be possible that war can affect the price of bitcoin. Those who want to make thier assets safe will surely put up thier money on bitcoin. It is much safer compared to saving thier money on banks.

onnz423

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I don't think wars on big countries against small ones will have much of an effect on bitcoin price, though I do imagine that if the US and Russia goes to all out war, then both the Russian Ruble and US Dollar will fluctuate in price, depending on who seems likely to win the war, particularly if this war results in conquest of the others territory.

gantez

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War will affect every economic activity and bitcoin won't be excluded. To this, it is not like it will affect the maximum supply or circulating supply because all that will still remain but obviously, amenities like internet access will be affected. The inability to get an access to the network will affect transactions.

crazymelons12

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Yes certainly a war can create economic problems or changes though an area or region may not directly be involved. Remember that every economy is interconnected and any little change in trading affects the whole.

VeeraS

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I'm not sure what you say. maybe it could be a good option option for the middle east. but it is difficult to do. some things become the cause factor. poor knowledge and education about virtual currency is the main thing. in a war usually the Internet network will die because of war-ravaged consequences. and essentially everyone in this world does not want the war to happen.

aileen393332xe5157

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Bitcoin was born, developed by blockchain technology and can only be operated thanks to the Internet. When war breaks out, network security will be threatened. ..Bitcoin will be affected by the negative trend. At that time its price will decrease and it is not the best option for the property.

demsybtc

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Quote from: BillCoin on April 14, 2018, 02:39:38 AM

Yes, wars affect the financial systems of all the countries that participate in the wars, which leads to global affect.

The countries who take a part in the war uses tons of money on the army, and it will lead their debt to increase and may increase the inflation rate. Also during wars the customers usage rate goes down which directly affect companies.
Stock exchange goes down, and people may convert their local currencies to gold/silver/cryptocurrencies in order to keep value, I think that war my only do good to the cryptocurrency market.

Fully agreed with you.
Well said.

However, I hope war wont happen as it brings a lot of damage and hurts.

roadsirm

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Bitcoin is certainly the best solution at the moment, if there is going to be a war of things that is unlikely we will bring money in the war happens the best way is to invest our money in bitcoin so that we will not be troublesome if there will be war.

hotcoin1234

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Quote from: zhanghoqi5 on April 14, 2018, 01:46:22 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.

War definitely affect the price of bitcoin. More resources will be used on war preparations and the focus on bitcoin also will be divert to the war outcome.

voron84-05

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Quote from: First77 on April 14, 2018, 02:09:28 AM

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.

If there is a full-scale war, then you will not need neither gold nor silver, valuable will be: weapons, ammunition, food and clothing. But I'm sure that this is just a fantastic scenario that will not happen. If you try to link the price of BTC with the beginning of the military operation, this is due to the fact that people are afraid of falling national currency and therefore invest in BTC.

ambisyon

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In my own personal views, if war is inevitable that will happen in Syria, that could be a problem in the crypto world where this will result to FUD and negative impact on the growth of bitcoin. Just hoping that our world leaders should have a concensus where they should have a diplomatic talks rather than engaging into war. Honestly, I am not in favor of war since that will only be a catastrophe and people affected will suffer more including the children in that country.

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