Pages:
Author

Topic: How could war affect crypto? - page 7. (Read 1504 times)

full member
Activity: 238
Merit: 113
April 17, 2018, 06:09:43 AM
the prices might as well increase.

If war hit my country our fiat money would be worth next to nothing. On the other hand if you can withdraw dollars or euros for your cryptos you're well off
member
Activity: 252
Merit: 10
OPEN GAMING PLATFORM
April 17, 2018, 06:07:49 AM
It could affect cryptocurrencies. Money goes to the safe space. Gold and emia prices will increase, cyripto or digital assets  prices will decrease.
member
Activity: 233
Merit: 10
April 17, 2018, 06:07:16 AM
crypto currencies will be used in all areas of the world and will be recognized by everyone. the war will delay this situation and reduce the flow of money. I hope this situation never happens.
hero member
Activity: 728
Merit: 501
io.ezystayz.com
April 17, 2018, 06:03:37 AM
I think so, buying weapons for war has made easier thanks to the help of cryptocurrency. The terrorist can use Bitcoins and other cryptocurrencies as a means of payment to buy guns and fund deadly attacks.

Maybe they alread funding there resources before the war is started as far as i understand when the war is declare in the first thing they disabled is enternet to avoid communication in other country and second is there money when there is a war usualy there money was no value.
sr. member
Activity: 1582
Merit: 352
★Bitvest.io★ Play Plinko or Invest!
April 17, 2018, 05:58:44 AM

How could war affect crypto?
It can affect both the market, civilians, military and third party that are involved in the said war. Purchase of of weapons as others have already said was made easier to transact. The market will fall or even skyrocket due to investors decission most especially the hodlers to hold or sell huge amount of crypto as the affected countrymen has to convert their fiat into crypto for a safer funds and move to other safe countries. If it is a terrorist related war I think they might use crypto to purchase high powered weaponry, amunition and supplies with crypto.
newbie
Activity: 141
Merit: 0
April 17, 2018, 05:47:43 AM
I think so, buying weapons for war has made easier thanks to the help of cryptocurrency. The terrorist can use Bitcoins and other cryptocurrencies as a means of payment to buy guns and fund deadly attacks.
For saving money and to investment your saved money buying bitcoin is better idea, because by this way one can make more money with his savings whiteout doing anything..Just buy and hold your bitcoin for some time and when the price grows you can sell your bitcoin. Especially during war you should not sell your bitcoin because your bitcoin wallet is the safest place for your money.
newbie
Activity: 89
Merit: 0
April 17, 2018, 05:44:48 AM
The emergence of the war will affect the exchange rate of the currency. At this time, people will choose gold or Bitcoin as a hedging investment.
I think bitcoin would be a better safe-haven asset than gold because Bitcoin is easier to store and trade.
newbie
Activity: 224
Merit: 0
April 17, 2018, 05:40:35 AM
I think the war will take the encrypted currency to a new level, and the black market weapons can be traded easily without being tracked. Cryptocurrency makes it possible because it has the unique characteristics of anonymity. But it is easy for people to hoard recent assets rather than gold by encrypting money.

Although war would be good for cryptocurrency, I don't want to see war.
sr. member
Activity: 574
Merit: 250
April 17, 2018, 05:35:32 AM
Talking about the war, it seems too complicated and horrible, Many things and terms or conditions may lead the war and may give bad influence on something. Every war will give negative impact, bad impacts. It is not only talking about one person but also everybody involves din the warn including the society. related to the crypto, I think it may influence. As this crypto is used by many people in the world. The war may affect the continuity or stability of the coins. But, it should not be too afraid or worried about the statement. I'm sure that everybody today has their better consideration of all things happen surrounding their life.
newbie
Activity: 80
Merit: 0
April 17, 2018, 04:43:01 AM

How could war affect crypto?
well, in General, it is difficult to influence the crypto currency, if this question implies growth, then the crypto currency needs good advertising or news that it will be used somewhere on any site or anywhere else. Or to the big players of the stock market have conspired and bought it:) But this is usually silent.
full member
Activity: 406
Merit: 100
BAILOUT
April 17, 2018, 03:41:04 AM
I think it would affect badly, because the market is still in early stage. Bitcoin is like gold but bitcoin is very speculative so I think it would lose value.
hero member
Activity: 2128
Merit: 520
April 17, 2018, 03:20:30 AM
If a war happens in a country which is a major market of cryptocurrency, I believe it will pump up the market.
People in war would try to reserve their asset, and cryptocurrency is a good option, better than gold.
We can't say that completely, there's still problem with crypto in times of wars, internet will be a problem since wars will also affect the
communications, most of the time the first thing in mind of those who are declaring wars are the communication facilities and for sure
they will trigger the internet, so possibility that instead of storing bitcoin most of the investors will favor gold assets as they can easily
convert it in any countries that they will go.
hero member
Activity: 966
Merit: 501
April 17, 2018, 02:56:45 AM
If a war happens in a country which is a major market of cryptocurrency, I believe it will pump up the market.
People in war would try to reserve their asset, and cryptocurrency is a good option, better than gold.
full member
Activity: 532
Merit: 114
April 17, 2018, 02:54:48 AM
I think this is one of the major concerns of regulatory authorities, the anonymous funding of negative factions of society. And as such war can only affect crypto negatively.
member
Activity: 327
Merit: 11
April 17, 2018, 02:37:29 AM
Since value in cryptocurrency is easy to carry around, probably demand will increase.
sr. member
Activity: 602
Merit: 250
April 17, 2018, 02:23:35 AM
If the war is local, then in the zone of military conflict and in the territories adjacent to it, the crypto currency will rise very much in value. If the war is global, and will seize many states, the destruction will be huge, then probably the crypto currency will not go around and will be forgotten. In any case, for the period of military operations and the restoration of the disrupted Internet. However, it is better not to experience it in practice.
Cryptocurrencies, in large part, must be redeemed for a fiat currency as the cryptocurrency trading infrastructure is still developing. In wartime, this becomes an even more critical issue as the internet is a critical means of communication, and cutting off communications is a war planner priority.
sr. member
Activity: 329
Merit: 250
Bitcoin may be the TCP/IP of money.
April 17, 2018, 02:05:34 AM
I think crypto will be a safe haven for people in the event of a war, given that our access to internet isn't completely obliterated. If that's the case, you'd better hope to have a few gold bars in your safe!
member
Activity: 308
Merit: 11
April 17, 2018, 01:53:46 AM
If the war is local, then in the zone of military conflict and in the territories adjacent to it, the crypto currency will rise very much in value. If the war is global, and will seize many states, the destruction will be huge, then probably the crypto currency will not go around and will be forgotten. In any case, for the period of military operations and the restoration of the disrupted Internet. However, it is better not to experience it in practice.
sr. member
Activity: 1288
Merit: 253
April 17, 2018, 12:36:03 AM
I guess the bad effects on the entire economy of the world, and crypto will be effect much or less, but due to the benefits of crypto it will be less damaged than other currencies, because in war, everyone will want to keep their money safe from the government and everyone so the need to use crypto will increase, but no matter what war will only bring negative effects on the world so i won't hope it will happen.

bitcoin still has a dependency conversion through USD and other fiat currencies, if the war affect the real world economy it will affect crypto currency, many traders will not move actively and even disturb volume due to panic, but this only happens for big war because all market concentration will stop for an unspecified time.
newbie
Activity: 210
Merit: 0
April 17, 2018, 12:30:36 AM
If I am private, I do not know anything. I am also not living in the country there. And I also have doubts if crypto continues to work during the war. And if the war happens, it will adversely affect all aspects of life, war will make the eyes money is severely affected because the war will destroy all means of accessing the cryptocurrency.
Pages:
Jump to: