NUCLEAR WAR UPCOMING!! North Korea is evacuated !!!

Kluge

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Activity: 1218

Merit: 1015

Quote from: Sage on April 09, 2013, 02:23:55 AM

Quote from: tutkarz on April 09, 2013, 02:15:53 AM

i dont understand it why anybody would sell bitcoins during war? i would do the opposite especially it wont be global war just some event with crazy dictator.

Depends on the emotional sentiment and the state of the market. If it's already skittish an event like this could certainly trigger a sell-off for those who were holding positions already on the edge.

Fundamentals drive the long-term market, emotions drive the short-term. Those emotions can come from plenty of other sources then just BC related.

Wars would seem like a pretty good reason to ditch gov't currencies, especially if you think there's a risk your country's gov't could lose. Certainly, one might want to get on their food/water/porno horde, and sell BTC to do that while it's at an unprecedented high, but probably not that many...

I don't really see any emotional connection to determining whether or not to continue holding BTC, though. Doesn't everyone have Faraday cages these days??

Sage

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Merit: 500

Quote from: tutkarz on April 09, 2013, 02:15:53 AM

i dont understand it why anybody would sell bitcoins during war? i would do the opposite especially it wont be global war just some event with crazy dictator.

Depends on the emotional sentiment and the state of the market. If it's already skittish an event like this could certainly trigger a sell-off for those who were holding positions already on the edge.

Fundamentals drive the long-term market, emotions drive the short-term. Those emotions can come from plenty of other sources then just BC related.

tutkarz

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Activity: 546

Merit: 501

i dont understand it why anybody would sell bitcoins during war? i would do the opposite especially it wont be global war just some event with crazy dictator.

Sage

hero member

Activity: 632

Merit: 500

There will be a nuclear event on the Korean peninsula.

But it won't be war. It will simply be used as blackmail by a starving and desperate North Korea.

If that induces a panic sell off... as crass as it might sound... buy, buy, buy!

Cheers

crypTrade

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Yawn.

antibanker

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Activity: 14

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NUKE STRIKE IMMIMENT !!

SELL ALL YA BITCOIN ___ N O W !!! ___

Pyongyang has issued a warning urging foreign nationals to evacuate South Korea, the Korean Central News Agency (KCNA) reported. The statement was followed by threats from North Korea of “thermonuclear” war on the Korean Peninsula.

North Korea has warned all foreign nationals to prepare to evacuate the South in the event of conflict. "We do not wish harm on foreigners in South Korea should there be a war," Reuters quoted KCNA news agency as saying, citing the spokesperson for its Korea Asia-Pacific Peace Committee.

Further,“all international organizations, businesses and tourists” were told to “work out measures for the evacuation.”

Topic: NUCLEAR WAR UPCOMING!! North Korea is evacuated !!! (Read 1952 times)