Topic: does wars will affect the cryptocurrency market? - page 2. (Read 1197 times)
I think so, because how can people concentrate on doing a job in cryptocurrency market if there is chaos everywhere.
Yes, War will have an affect on Bitcoin and Crypto currencies in general. These are some of the things that might happen :
Negative impact :
~ The internet network in these countries will be disrupted or destroyed.
~ No internet access will decrease the total amount of nodes that are running to support decentralization of the network.
~ People will use their money to buy survival gear and supplies and less money will be used to buy bitcoins.
~ People will die. < Developers / people running nodes / Bitcoin traders >
Positive impact :
~ In war, people look for ways to protect their wealth. They might start to buy more bitcoins to hide their wealth.
~ People want a easy way to flee with their wealth from a war torn area to a country where they are safe. Bitcoin is borderless.
~ Many bitcoins might be destroyed forever. Paper wallets destroyed in fires. Less bitcoins in circulation = higher price.
These are just some of the things I can think of now. ^hmmmmm^
Negative impact :
~ The internet network in these countries will be disrupted or destroyed.
~ No internet access will decrease the total amount of nodes that are running to support decentralization of the network.
~ People will use their money to buy survival gear and supplies and less money will be used to buy bitcoins.
~ People will die. < Developers / people running nodes / Bitcoin traders >
Positive impact :
~ In war, people look for ways to protect their wealth. They might start to buy more bitcoins to hide their wealth.
~ People want a easy way to flee with their wealth from a war torn area to a country where they are safe. Bitcoin is borderless.
~ Many bitcoins might be destroyed forever. Paper wallets destroyed in fires. Less bitcoins in circulation = higher price.
These are just some of the things I can think of now. ^hmmmmm^
I don't think so
can you if wars will affect the cryptocurrency market?
Cryptocurrency is an investment that what matters most is about the investors state of mind against any circumstances. In short, like war does anyone with the right mind think about investing they’re money than looking for a safe place to hide. Or is he emotionally capable to be not stressed in doing so.
Let’s not ask regarding this matter again, it’s illogical as if we wanted something like this to happened for our own gain and profits. Same as the one who make thread about “North Korea” war against US of A, it is good or bad for bitcoin?? Is that a question to begin with. It’s like “We do care for more on bitcoin/money other than the life of those person in a warzone if it happened. That insane.
I believe so.
War will always have a negative effect on everything.
Even if you are the victor of it you will still suffer losses. Economies will be affected, and cryptocurrency will also not be able to escape its effect. And there are too many ways how war can affect the market of bitcoin and one of the very possible one is the death of a bitcoin user and the damage to the existing hardware of miners.
War will always have a negative effect on everything.
Even if you are the victor of it you will still suffer losses. Economies will be affected, and cryptocurrency will also not be able to escape its effect. And there are too many ways how war can affect the market of bitcoin and one of the very possible one is the death of a bitcoin user and the damage to the existing hardware of miners.
for sure, war would effect all the markets including crypto markets. depends on which countries involved would be also important to analyze the effect.
can you if wars will affect the cryptocurrency market?
Of course it does. WArs affect the economy of a country involved and also the economy of the countries surrounding it as there resources mght be crippled or might be hold as long as the war is ongoing. It also affects cryptocurrencies as this are somethings thataffect the stock as well
When war happens, it will destroy our infrastructure and bring the economy down, moreover, people will have to evacuate from their home and work, no one will be able to use internet because they will be shut down or be cut, cryptocurrency will drop and die.
I think it will affect it, it is because wars can affect our economy and can bring economic crisis. And can also result in internet shutdown, all infrastructure will be destroyed. Without internet crypto currency is useless. So in that case you can see that wars has a big affect for the crytocurrency world.
can you if wars will affect the cryptocurrency market?
I guess, it will affect the cryptocurrency market. War can destroy one countries successful economy. Someone cannot even access their BTC without logging in the internet. If the war may result for some destruction it will have a great impact to all bitcoin users.
In some cases: yes. Wars and terrorist attacks can have an impact on markets and investments. Here's a massive Dow Jones dip after the september 11th 2001 bombing of the WTC towers.
As time has passed, people have become increasingly apathetic towards war and terrorist bombings. To a point where it probably wouldn't have much of an impact unless something very severe happened.
Looking at bitcoin's price chart, major terrorist attacks over the last few years appear to have zero effect on price.
There was a major mass shooting on october 1st 2017 in Las Vegas USA. Doesn't appear to have much of an effect.
As time has passed, people have become increasingly apathetic towards war and terrorist bombings. To a point where it probably wouldn't have much of an impact unless something very severe happened.
Looking at bitcoin's price chart, major terrorist attacks over the last few years appear to have zero effect on price.
There was a major mass shooting on october 1st 2017 in Las Vegas USA. Doesn't appear to have much of an effect.
Every war impacts currencies, especially the local currency of the warring factions and the USD. War at times can kick start a fledgling economy, especially its manufacturing base, when forced to concentrate its efforts on war time production. It will impact crypto currencies, not sure how though.
of course, the effects of war will spread to any part including the economy, and if the economy alone could be affected let alone Bitcoin,
hopefully the war will not happen ..
I honestly do not think war has a direct bearing on bitcoin or any other cryptocurrency because it's built on a decentralized network with no physical access to be affected by war...but it might also depend on what has caused the war and which countries are involved
some say it will not affect it since people will be concerned about other stuff during a war.
I think yes because there will be a big influence with the global currency if there is a war with each other with the crypto market there will even be a very big decline with bitcoin value but there will be stages with bitcoin value down from war and if war is Not too long likely bitcoin will stabilize again in the long run so the market will stabilize again if the war is over
In a situation if a real war starts in a country, if someone is really lucky (and have a decent amount of bitcoin) and have time to buy an airplane ticket to a country which is not affected by the war, bitcoin could be really helpful. If people are aware of this, they will generate huge demand for bitcoin, that could affect the bitcoin price. This is only valid if the people have internet access to buy bitcoins. Or, if there's a possibility of war, people can start to accumulate some bitcoins, just for the case of urgent departure. Also, they need to have some fiat currencies too (EUR, USD, etc..) But I hope we will never experience the real effect of the war.
That's for sure. War will bring unrest and unrest. The market is the same, it will be a very regrettable thing. But 99% of the people in this era didn't want war
The war can also affect, in the crypto market. Because many people will need money. Until the war is over, they will be able to build a house again. There are also many destructive establishments so surely the money is needed after the war.
I dont think... bitcoin and cryptocurrencies have their "world" , a war can destroy a bank office, but not your bitcoin wallet 
But if is it a universal war, then is another thing
But if is it a universal war, then is another thing
Wars will not affect the cryptocurrency market unless the parties involved are using cryptos to somehow fund the war, or steal some from the other side. It would only be good for BTC though as traditionally fiat was used.
If the op is talking about World War then there is no doubt that it will effect the crypto currencies market. In fact war can effect all the aspects of our life. I do not think that a limited war will have any effect on bitcoin, because bitcoin is a decentralize and universal currency and therefore i do not think that a limited way will have great impact on crypto currencies. Jump to: