If there is a war between the US and Europe, Bitcoin will hit $1 billion - page 2.

GiftedMAN

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Quote from: tjtonmoy on December 06, 2023, 11:59:27 AM

Wait wait wait, he's on to something lads. He's on something expired. Are you ok mate? $1 Billion for BTC and that because of a war between the US and Europe? Seems like a fairy tale with a horrible ending. Every war leads to inflation and a bad economy all over the world. When the 2 most powerful things in the world get involved in a war, how much damage could that do, have you thought about that?

War always has a negative impact on everything. So it could also lead to an opposite circumstance. Have you thought about that?

I don't know why some no persons do think that the war will make the price of Bitcoin to skyrocket which is not so. We need to stay positive in the market and we should not think of something that is bad to happen for the price of Bitcoin to skyrocket. Surely the price of Bitcoin would keep going up and down but asking for a war between Europe and the United States does not make any sense. We need to be careful and make sure that we don't do what will cause bigger problem to the world for us to gain big from the market. I don't know why op can not think of positive ways.

komisariatku

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Quote from: DashingAgent on December 03, 2023, 07:11:58 PM

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

I don't know what makes you imagine that America and Europe will go to war because they are quite close so it would be very strange if America and Europe went to war, maybe it would be more logical if America and Russia went to war, or America and China. But no one wants a war between us because if that happens then the results will be worse than any war that has ever happened before and I can't imagine that happening.

Moreover, when there is a war, whatever the price of Bitcoin at that time, not many people care, security and life are more important than anything. Printing money to buy bitcoin?? It's not that easy guys, the financial system will collapse if this is done and inflation will get worse because of the impact of war and money printing. I think the financial system is very complicated and if there was a big war it would be even more difficult

JoyMarsha

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OP, I don't know where and how you draw your analysis from, that if a war between the USA and Europe happens, bitcoin will hit $1 billion. Before we start to analyze the effect of the war on bitcoin price, let's start by analyzing the war between Russia and Ukraine that has been going on for years now. Has the bitcoin price gone above or close to $100k because of that? If it has, you let us know so that we can begin to have an assumption for war or pray for war to be happening so that we can see the bitcoin skyrocketing in price because of war(lols). Aside from that, OP, let's come to reality, before bitcoin gets to $1 billion, if it would have first of all gets to hundreds of thousands, millions of numbers before we could think of a billion-dollar price

boumalo

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Quote from: Kelward on December 05, 2023, 07:56:40 AM

Quote from: Oshosondy on December 04, 2023, 04:39:58 AM

Without war, bitcoin remain an asset of value.

Precisely bitcoin doesn't need war to be a dominant currency, it's a valued decentralized digital currency, so with time it'll take it's rightful place at the top. The adoption is increasing everyday, individuals, corporate organizations and countries are accepting it because it's a valued asset.

I think perhaps what the OP meant was if there is financial instability in Europe and America, bitcoin will hit $1billion, it shouldn't be because of war, because no reasonable person will want bitcoin to dominate because of war. Bitcoin and fiat can coexist, no need for one to extinct so the other will dominate.

Less than 30 years old consider Bitcoin as a valuable alternative asset so as they get richer, they'll pour money into bitcoin.

The rate of increase of btc is about 900BTC per day and decreases in half every 210,000 blocks so every about 4 years, next time is in 2024. Some of the 900BTC is saved.
For example, if half is sold and the price is 100k$, it's 45m$ of liquidity needed per day so 16,4B$ a year.
Global GDP is 100 trillions $ so 16,4B$ is 0,016% of the current global GDP.

FanEagle

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And if everyone starts to nuke each other we are going to have 1 trillion dollar per bitcoin! wohoooo! If the us and Europe ends up attacking each other, what the price of bitcoin is could be probably the lowest amount of situation we are going to have, it is not going to really be cared at all and ignored completely. We are talking about a situation where it is literally two of the major powers attacking each other.

This is why I believe that we are going to end up with a good return without a doubt, it is definitely going to end up with something that should be profitable one way or another for "some" people obviously but it is going to be death to tens of millions of people, thinking about price of bitcoin about something like this is horrible.

Hamza2424

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Haha, what kind of weird speculation or say imagination, OP i have a few questions, In a large-scale war are you expecting gains in the Bitcoin? Do you think there will the availability of the Internet? In such crucial times do you really think people will believe in the risk investment market? Do you really think they'll prefer Bitcoin over Gold in a war-like crisis where Bitcoin's adoption is still under question?

Hmm, I dont think so, in such a crisis era people never invest, they save the utilize the hard cash and assets they own, and in such a crisis all over the globe risk investment markets face a massive drop due to uncertain global economic situations. Secondly, Bitcoin is too good I want Bitcoin to be the primary currency, and I want to see Bitcoin be globally accepted but dear we are far away from such an era, at least in the coming 10 years I cant see any universal status of Bitcoin ETF's are a big move but still we are not that close to the street t street adoption.

$1B over a Bitcoin is not a big deal because at that time we won't care about the fucking USD, the whole economic valuation will be in the Satoshi or Bitcoin's unit. Who will care about USD when they are making their transaction in Bitcoins (mbtc, satoshis).

Get out of the matrix if you really want a decentralized payment mode/currency stop caring about how much BTC is worth in USD better think about 1BTC = 1BTC and it will be always the same, start accumulation.

tjtonmoy

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Wait wait wait, he's on to something lads. He's on something expired. Are you ok mate? $1 Billion for BTC and that because of a war between the US and Europe? Seems like a fairy tale with a horrible ending. Every war leads to inflation and a bad economy all over the world. When the 2 most powerful things in the world get involved in a war, how much damage could that do, have you thought about that?

War always has a negative impact on everything. So it could also lead to an opposite circumstance. Have you thought about that?

electronicash

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EU doesn't have the appetite for war. but it's not gonna send BTC to $1B if they are at war. but i may also think the price will rocket up tremendously as everyone will be trying to save up their wealth for safety while the governments turn dystopian forcing citizens to join the war.

but would you want to have a war because you want the BTC price to go $1B? it sounds very selfish.

Sunderland

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Quote from: DashingAgent on December 03, 2023, 07:11:58 PM

If there is a war between the US and Europe, Bitcoin will hit $1 billion

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

I don't know what pill you ate last night but with your scenario (banks will quickly print dollars and euros to buy cryptocurrency), even if it really happens then the USD and EUR will be worth same as the Zimbabwean dollar in 2006 where Z$1, 000,000 = 1 USD or maybe worse.
We havent talked about what will happen after the Nuke war yet.
So, forget to become a rich guy with this scheme or the theory that 1 Shiba Inu will become $1 on your previous thread.

Dr.Bitcoin_Strange

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OP, you are only imagining too much. As far as I can tell, war doesn't create any good impact in the country where it's happening, and there is no reason to feel convinced that a war between the two countries you mentioned will cause the Bitcoin price to surge. Take the example of the Ukrainian War. What impacts did it have on the price of Bitcoin? What effect did the pandemic of 2020 have on Bitcoin? I know that if Bitcoin continues to exist, it will definitely reach $1 billion but if it will swiftly get there, its if their is any positive global event that has taken place, otherwise it will be a gradual growth.

Yamane_Keto

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A war between two nuclear countries means the end of the world, let alone an alliance between countries, some of which have nuclear warheads sufficient to wipe out the world. Nuclear wars do not have economic gains behind them, and I do not think that we will think about Bitcoin as much as we will think about how to get a safe place and good food and drink, and COVI-19 pandemic has proven that Bitcoin still reacts negatively to negative global events.

Mrbluntzy

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Quote

If there is a war between the US and Europe, Bitcoin will hit $1 billion

I have wrote this reply before but seems your post got deleted but my reply still remain what is written below.

You could also be wrong. Before Bitcoin will hit $1 billion it's not going to happen so suddenly. Bitcoin doesn't need a war between US and Europe for it to sell for $1 billion, if at any time it the future it's actually the time that Bitcoin will get the price you mentioned, it will without war. War is not good, it can have bad effect in the life or people both children and adult and it can also disrupt the economy at that moment. Even if such an unforseen occurrence takes place bitcoin might not even get to the price you are mentioning.

Kelward

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Quote from: Oshosondy on December 04, 2023, 04:39:58 AM

Without war, bitcoin remain an asset of value.

Precisely bitcoin doesn't need war to be a dominant currency, it's a valued decentralized digital currency, so with time it'll take it's rightful place at the top. The adoption is increasing everyday, individuals, corporate organizations and countries are accepting it because it's a valued asset.

I think perhaps what the OP meant was if there is financial instability in Europe and America, bitcoin will hit $1billion, it shouldn't be because of war, because no reasonable person will want bitcoin to dominate because of war. Bitcoin and fiat can coexist, no need for one to extinct so the other will dominate.

boumalo

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If things are good and regulators are not fighting bitcoin too much, some of the wealth created goes into btc and people having btc don't sell.

If things are bad AND they print a lot of currency, the nominal price of btc will rise but it may not buy more stuff because we'all be poorer as a result of money being spent on war and destruction. It will only partially protect you to be in btc or gold.

ZAINmalik75

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Quote from: DashingAgent on December 03, 2023, 07:11:58 PM

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

If 1 BTC is worth $1 Billion then the number of billionaires on earth will increase just like the number of millionaires are increasing now. And the upper people sitting in finance don't want it because they don't want lower class people to go up using this technology even if many already reached the step of $1 million dollar using this technology but the gap between $1 million to $1 billion is not small.

There is no way that BTC could reach that point because to touch that point millions, billions, trillions of money should be added in BTC's market cap. As of today market cap is around $815 billion and in my opinion, the market cap should be around $20 trillion for BTC to touch the $1 billion target per coin. And gaining a $20 trillion market cap is not an easy thing.

In the war other than banks many other sectors of life will also be destroyed and not to mention that most of the nodes are in these regions and if the electricity is gone due to war and no internet will be provided or if mining machines will be destroyed in the war, then the network will become more congested and speed will be slower than before.

AnonBitCoiner

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If bitcoin increases in price due to war then we don't need such increase because war is not an event or anything else that will just increase the price of bitcoin and will then stop but because of war the economy of every country disturbed and the life of humans are in danger. Bitcoin price can also be increases without the need of war so why we always think negatively for increasing bitcoin price as good news and good events possess the power to boost the price of bitcoin as is happening these days and bitcoin reaches to the value of 42k$.

cabron

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I don't know if they are up to that I'm sure there is something to fight about. But EU has more problems with Russia than with US.

But even if let's say one rogue country from the EU starts unloading warheads, $1B/BTC looks too much to achieve. They will stick to buying Gold as you can see how much gold has been pumped in weeks. For governments, it is always gold that backs money.

Faisal2202

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Quote from: DashingAgent on December 03, 2023, 07:11:58 PM

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

Your prediction is so impractical because if a war starts between Europe and the US, not only banks will be affected. Most of the BTC nodes and Mining rigs are also placed in these two countries, so they will be affected by this war too. This means we might see fewer miners on the blockchain network but transactions might exceed the normal usage. Because banks will be closed and to make transactions they have to use something. However, due to fewer processing systems in the BTC blockchain, the network will become congested.

And we have to wait so long for our transactions to be confirmed. But in this scenario, the price of BTC will increase but it is so unlikely for BTC to reach 1$ billion because 1$ billion is not an easy target even if there starts a war and everything goes like you said, BTC will not touch that target.

benalexis12

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Quote from: DashingAgent on December 03, 2023, 07:11:58 PM

If there is a war between the US and Europe, Bitcoin will hit $1 billion

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

Are you okay? It's like you forgot to take your medicine, friend. If others are predicting that it will be 5 million dollars per bitcoin, and of course before that happens, it will take several decades, and we don't know if we're still alive, then now you say it will be 1 billion dollars per bitcoin.

As you said, are you sure that all the banks will buy Bitcoin immediately? You must have a credible source link to hold on to so that other people believe what you are fighting for, even though I know that is just your assumption.

retreat

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Quote from: DashingAgent on December 03, 2023, 07:11:58 PM

If there is a war between the US and Europe, Bitcoin will hit $1 billion
-snip-

Why are the US and Europe at war anyway lol. And what's more, the war made the price of Bitcoin reach 1 billion USD? too much nonsense here. You should learn more about war and how it impacts the economic world, then you can understand that war will only destroy the economy and it will have a huge impact on the investment market, especially cryptocurrency.

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