Topic: How wars can affect Bitcoin? (Read 800 times)
If there will be a war then expect a massive dump by the community but still bitcoin will stay just like internet. But for sure we are going back to stone age and after war there will be a one world government for sure.
everyone will need a lot of money to survive
Digital assets will experience a tremendous drop, not just cryptocurrency alone, but it will have an impact on the stock market, and all kinds of investments
and when the world war is over, what's left is where the crisis is
Digital assets will experience a tremendous drop, not just cryptocurrency alone, but it will have an impact on the stock market, and all kinds of investments
and when the world war is over, what's left is where the crisis is
War never come to us positively. It always bring some negative result. General people like us never benefited from war. As you say if third world war come people fall in great trouble. The computer, Internet and electricity will not available at every place. Then people will not care what the price of bitcoin and what the value of other currency. The one thing they will think to survive. They all want to survive from War. But after the end of War then the price of bitcoin will be considerable level.
if there are wars i think not bitcoin only that will affected, but all currencies will affected like USD, EUR,YEN, all currencies in the world will be affected because if war happen it will make crisis in all country in the world, every people will make their investment before the money being crisis and its make the money is a lot in the public. its make the value of the currencies will crisis if war happen
When a battle occurs access to the internet is lost and people will lose access to their bitcoins. Most people keep their personal keys on the computer without making a copy and this is what will make them lose their money.
And at times like this there is nothing that can be relied on besides making a payment with barter.
And at times like this there is nothing that can be relied on besides making a payment with barter.
It is hard for those affected areas because bitcoin needs internet.IF their is war electricity might collapse.And it is hard to transact or no transaction be made when their is no electricity.Bitcoin needs internet when their is transaction.
While commenting on one of threads over here. A really interesting thought popped into my mind. What will happen when there will be coming a huge war?
Even a World War III? Will Bitcoin pump or dump? What role will Bitcoin play? We all know the economy and the currencies are very vulnerable in wars.
I would like to hear some interesting thoughts, even maybe some full detailed articles? Anything would be very welcomed.
bitcoin has a big role if there will be a huge war, a lot of people will sell bitcoin for weapons and of course for their safety bitcoin go dump, pumping will never be happen if there will be a war because networks around the world specially third world countries will have no access to internet. a lot of bitcoin and altcoins will be stock and lost because of the war, and that will be the great crash not just on bitcoin but in all countries. The people who have access on the internet will be very limited and those things will have a huge effect on bitcoins value. But i think world war 3 will not happen because a lot of country leaders are very wary of this because world wide market will fall and everyone will suffer even if a specific country wins there will be a huge lost, no one will gain in a war every countries or people will have a huge lost Even a World War III? Will Bitcoin pump or dump? What role will Bitcoin play? We all know the economy and the currencies are very vulnerable in wars.
I would like to hear some interesting thoughts, even maybe some full detailed articles? Anything would be very welcomed.
I think 6 that it is not so easy to affect bitcoin, because the market is controlled by large players who control the cost of bitcoin!
How wars can affect you? can you still invest this world with war and death everywhere? this is the right question.
I figure war would create uncertainty and instability in the fiat and centralized currency markets. This in term might lead people to alternative stores of value like gold and hopefully cryptos.
Bitcoin will be wiped out if war happens. Bitcoin need person to person, internet, electricity and a living economy to perform, but when war happens all these I have stated will be wiped off and it depends on the impact of the war. If it's something we all can quickly build the world back then it's effect will only be minor. Let's not hope for war because its going to affevt so mamy things including daily living.
In the first that will be off that would be power and with the power down of any thing or anyone in the country will affect that economy and the currency of that country. If the attcacking country wins then the currency of the lost country will be lost forever and it will take time even to bake up and to reach it first place. But if the attacking country loses then the currency of the defending country will pump and then all of the currencies that will be Going at that time will automatically go up and the economy will be more stronger than before.
These are two situation i think will happen if the war breaks out in any country in the world.
These are two situation i think will happen if the war breaks out in any country in the world.
I think that bitcoin price depends on such massive events. If there is war, then the price will change, like always wars affect dollar. it becomes volatile and the price increases. I think it will be the same with btc
A war will unquestionably influence Bitcoin if the transoceanic interchanges link or comparative is focused for a break. That implies that no web correspondence can happen and will bring about useless Bitcoin, in any event for that time. The war could even incorporate EMPs, which implies that all information gets deleted thus does the blockchain, accepting that it is conveyed in a major range. In any case, the same can be said in regards to banks, as I don't surmise that despite everything they have physical composed duplicates of their database. The main thing that will really have an incentive amid a war is gold and different valuable metals.
I think bitcoin could possibly find its greatest use during this time because many people will try to secure their finances as they'll be moving from one country to another. There may be wars, but bitcoin will be the main currency everyone wants to use as it is universal.
Bitcoins would be the least of your concern if World War III breaks out. Cryptocurrency is dependent on the internet, telecom infrastructures will be targeted, even satellites. There is a thread somewhere in this forum...No internet, no bitcoins.
If no internet how we transact in bitcoin it's a big problem for us. If there's war it may cause to cut the of internet and other lines of communications. And lot's of investors getting panicking if it happen and may cause to affect the value of bitcoin. I wish it won't happen cause lot's of country can destroy of that wars.
This is a difficult question. Of course, fiat money is devalued during wars. But this does not mean that bitcoin will grow and there will be sufficient demand for it at this time.
While commenting on one of threads over here. A really interesting thought popped into my mind. What will happen when there will be coming a huge war?
Even a World War III? Will Bitcoin pump or dump? What role will Bitcoin play? We all know the economy and the currencies are very vulnerable in wars.
I would like to hear some interesting thoughts, even maybe some full detailed articles? Anything would be very welcomed.
Make peace not war. BTC can be used in war but why think of war when we should always think of peace and prosperity. Even a World War III? Will Bitcoin pump or dump? What role will Bitcoin play? We all know the economy and the currencies are very vulnerable in wars.
I would like to hear some interesting thoughts, even maybe some full detailed articles? Anything would be very welcomed.
I think wars affect possitibe to cryptos. Why? Because you cant destroy it, and € or $ are other think
While commenting on one of threads over here. A really interesting thought popped into my mind. What will happen when there will be coming a huge war?
Even a World War III? Will Bitcoin pump or dump? What role will Bitcoin play? We all know the economy and the currencies are very vulnerable in wars.
I would like to hear some interesting thoughts, even maybe some full detailed articles? Anything would be very welcomed.
Wars could affect bitcoin in one way or another, in a sense it may positively affect bitcoin because it may become the most prevalent currency during the war. But on the other side it may also affect it negatively since wars negatively affects technological progress. Even a World War III? Will Bitcoin pump or dump? What role will Bitcoin play? We all know the economy and the currencies are very vulnerable in wars.
I would like to hear some interesting thoughts, even maybe some full detailed articles? Anything would be very welcomed.
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