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Topic: Effect of Upcoming World Cup Russia 2018 on Bitcoin Price? - page 2. (Read 220 times)

newbie
Activity: 196
Merit: 0
Just few weeks to go ,then world cup kick off start. Will the booming economy of Russia during the world cup affect bitcoins? Will traders gluing their eyes to TV to watch matches or attending stadium reduce the time of trading, and hence the volume in the market?  What do you also think will affect the cryptocurrency market with bitcoin specifically during upcoming world cup.

I honestly don't know how that would affect the prices and why. Bitcoin is not going to be used or promoted in Russia, so I see no reason for the prices to move because of football
sr. member
Activity: 532
Merit: 253
Just few weeks to go ,then world cup kick off start. Will the booming economy of Russia during the world cup affect bitcoins? Will traders gluing their eyes to TV to watch matches or attending stadium reduce the time of trading, and hence the volume in the market?  What do you also think will affect the cryptocurrency market with bitcoin specifically during upcoming world cup.

I can hardly call the economy of Russia booming. It actually is stagnating with a slow down trend and there is absolutely no reason for it to grow, especially considering Russia's relationship with the West and all the sanctions. It all seems that Russia will be getting more and more isolated and therefore less prosperous. World Cup doesn't seem to be and event that may give Russia a significant boost.

hero member
Activity: 994
Merit: 544
Just few weeks to go ,then world cup kick off start. Will the booming economy of Russia during the world cup affect bitcoins? Will traders gluing their eyes to TV to watch matches or attending stadium reduce the time of trading, and hence the volume in the market?  What do you also think will affect the cryptocurrency market with bitcoin specifically during upcoming world cup.

It may affect the value of bitcoin but not in big amount or value. Possibly if the big whales will ride on this news and will hype bitcoin then there is a tendency that temporarily bitcoin will increase in value before it goes down again. But in the least it is a good contributor to the rise of bitcoins value. If more of this activity will be launched across the world accepting bitcoin then surely bitcoin will be leaving towards mars soon.
newbie
Activity: 133
Merit: 0
Just few weeks to go ,then world cup kick off start. Will the booming economy of Russia during the world cup affect bitcoins? Will traders gluing their eyes to TV to watch matches or attending stadium reduce the time of trading, and hence the volume in the market?  What do you also think will affect the cryptocurrency market with bitcoin specifically during upcoming world cup.
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