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Topic: does wars will affect the cryptocurrency market? - page 4. (Read 1197 times)

full member
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Merit: 102
JACS.tech
Any global news does affect the Crypto market (either positively or negatively)....This includes 'Wars' for sure

But it depends on the nature of that war, the countries involved, its impact.....and many other factors

Also, keep in mind that BTC & other crypto currencies are weightless & can hold great value...so they are among the things that people can hold during periods of crises

sr. member
Activity: 476
Merit: 300
when we look at the situations we have lived in recent times, the reasons for the prices being affected are the changes experienced in the world as well. some countries threaten each other and even war scenarios are drawing attention to bitcoin prices.at the same time, this question was also brought to my mind. bitcoin or gold ? In such times of war, the bitcoin will definitely be safer than the gold. gold can be carried. may be lost or stolen. In any case, the bitcoin can be stored more securely than anything else. I hope we will not join a war anytime soon but if something like that comes up I guess I can choose to convert all my assets to bitcoin.




full member
Activity: 378
Merit: 100
can you if wars will affect the cryptocurrency market?
Yes its a big loss in market but i hope the war will not happen becuase many people die so keep praying becuase war is totally happen soon . i can say that becuase of war the amout of btc going decrease so much .
legendary
Activity: 1806
Merit: 1521
can you if wars will affect the cryptocurrency market?

I think a lot of folks in Bitcoin will tell you that a major war or stock crash would be great for the price of Bitcoin. "Everyone will put their wealth into sound money," they say. I don't buy it.

In times of economic turmoil and crisis, you hold historically sound assets and you concern yourself with surviving and keeping your family with food on the table. I wouldn't think that people would decide at a time like that to invest in the newest, riskiest asset class available. But who knows? I'm no prophet. I'm hoping we don't need to find out.
full member
Activity: 644
Merit: 101
Yes since wars could affect the price of anything. War could make a country in chaos making the market fall. If this applies to the whole world then it really could affect even the crpytomarket, making it to fall because of the anarchy cause by war.
newbie
Activity: 3
Merit: 0
I think it will definitely drag down the market, wars can cause economic crisis so yeah  Sad
newbie
Activity: 1
Merit: 0
Depends on country.

Every news affect this market if they are global.
At the same time we have many ongoing wars in the world, many dont even aware of them.

So it depends..
full member
Activity: 924
Merit: 148
Imho it might influence the BTC price. Like if people think their national currency will fail it seems to be a good idea before the start of a real mess. But the problem is that they might not have access to internet or any payment systems that will allow to buy crypto.
legendary
Activity: 1946
Merit: 1137
there are actually different theories. some say wars lead people to invest their money in valuables to try and save up any loss when their country's currency tanks. so they choose bitcoin as one of their options so it may lead to a huge bitcoin price rise.

some say it won't affect it since people will be concerned about other stuff during a war. and even if the above is true, people will look for old stuff such as gold instead.
full member
Activity: 140
Merit: 100
can you if wars will affect the cryptocurrency market?
Did you mean what is going on with the crypto market right now? The affect  is sure but it will gradually recover after the tripping.
member
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can you if wars will affect the cryptocurrency market?
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