Should BTC rise for the World Cup? | Bitcointalksearch.org

Tux99

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Quote from: cryptogeek101 on June 11, 2018, 04:19:20 AM

Quote from: enendad on June 11, 2018, 03:45:19 AM

In three days, the 2018 World Cup will be kicked off. This is exciting. This means that there will be a large portion of people who make money on gambling. This is a fortunate World Cup. Because they have cryptocurrencies, I think that BTC will increase the trading volume during some of the World Cup because of the amount of gambling, so the price will be raised. I hope so. ! Welcome to discuss!

Under normal conditions the prices of Bitcoin and altcoin are suppose to rise during the world cup festival in Russia because there are going to be more activities that will make use of cryptocurrency. No doubt gambling and betting activities are going to skyrocket very soon during the world.

Actually there is relation betwen world cup and bitcoin. What do you said to be used cryptocurrency? Nothing.
Most of the people go to Russia not bring their cryptocurrency but brimg credit card. So no relation betwen those 2 things.

CryptoInvestICO

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Join FlipNpik Telegram : t.me/flipnpikico

I think Bitcoin will start to rise in August-September, we will see an excellent growth and the beginning of a new uptrend

dodocum

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I do not think there is definitely a connection between the World Cup and the bitcoin. This will not be a reflection on the market.

swirox

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It's not because of the world cup that its going to rise but only because there was a big crash this week

BitkoinJonny

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I guess It's possible but the reason is not a World Cup. I think today somebody strong regulate market.

AndrewBrown

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The world cup has nothing to do with the price of bitcoin. The only thing that I can think about that could affect the price of bitcoin in light of the world cup is that there will be some investors who will liquidate some of their coins to be able to get money to go watch the matches, even that wouldn't affect the prices much anyway

batang_bitcoin

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Quote from: chris200x9 on June 14, 2018, 08:55:26 AM

Quote from: batang_bitcoin on June 14, 2018, 08:34:37 AM

Quote from: Ostonian on June 14, 2018, 07:15:37 AM

This is not true. The World Cup will not affect the growth of the bitcoin price. The price depends on other factors.

It will affect the growth and demand.

Think of how many people who wants to get involved in the World Cup and wants to bet with the team they are supporting. And as part of their curiosity some might love to buy bitcoin just to be able to bet.

It will not affect much but what you said it's correct football lovers don't like to miss the fun because it will come every 4 years once. I think huge betting will happen for this event last time the crypto was not that much famous and people don't have more gambling sites to play with cryptocurrency but this time we have many websites to play online sports betting so i think it will affect to the crypto world.

That can be a reason why the price of bitcoin starts to increase, the demand starts to increase and it can be the reason.

If you are aware on how big is the contribution of gambling industry in the crypto world, you know how this event can bring money to the entire market.

Fatunad

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Quote from: xda-developer on June 14, 2018, 02:36:20 PM

Quote from: enendad on June 11, 2018, 03:45:19 AM

In three days, the 2018 World Cup will be kicked off. This is exciting. This means that there will be a large portion of people who make money on gambling. This is a fortunate World Cup. Because they have cryptocurrencies, I think that BTC will increase the trading volume during some of the World Cup because of the amount of gambling, so the price will be raised. I hope so. ! Welcome to discuss!

Now it is already possible to answer the question with confidence. Price of Bitcoin has not grown, and the World Cup on football has already started. I think that between these two things there is no correlation.

Not even just knowing for this Event to come we can still answer this question with confidence because gambling industry or any events can really put a major impact on bitcoins price. Demand wont really be just enough for us to consider on what would possibly happen.Lets say there are people who do made lots of bets but it cant really make the price up. The true thing which can affect bitcoins price is the demand and full adoption. It do takes time and theres no need to rush.

freakslot

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I think the world Cup will not affect the performance of bitcoin and the cryptocurrency market. maybe in the future, when the cryptocurrency will move even further into everyday life, then it will happen

Galley

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It seems to me that the holding of the World Championship will in no way have a significant impact on the support of bitcoin. There may be a slight increase in altcoin directly related to bookmaking.

Doell

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Quote from: xda-developer on June 14, 2018, 02:36:20 PM

Quote from: enendad on June 11, 2018, 03:45:19 AM

In three days, the 2018 World Cup will be kicked off. This is exciting. This means that there will be a large portion of people who make money on gambling. This is a fortunate World Cup. Because they have cryptocurrencies, I think that BTC will increase the trading volume during some of the World Cup because of the amount of gambling, so the price will be raised. I hope so. ! Welcome to discuss!

Now it is already possible to answer the question with confidence. Price of Bitcoin has not grown, and the World Cup on football has already started. I think that between these two things there is no correlation.

The new world cup starts and this is the beginning of growth that I think is not right you made a post like that ,it's just starting there is still tomorrow or the big 8 rounds and it's still early to say it We as investors must trust to other investors

CrazyJoker

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I do not believe that this event will have any serious impact on Bitcoin or any other cryptocurrency. I do not think that football will encourage people to use cryptocurrency, the very fact that big companies start to work with them and the fact that states are developing a method of regulating cryptocurrencies, should induce insecure investors to begin to carry money into the cryptocurrency.

xda-developer

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Quote from: enendad on June 11, 2018, 03:45:19 AM

In three days, the 2018 World Cup will be kicked off. This is exciting. This means that there will be a large portion of people who make money on gambling. This is a fortunate World Cup. Because they have cryptocurrencies, I think that BTC will increase the trading volume during some of the World Cup because of the amount of gambling, so the price will be raised. I hope so. ! Welcome to discuss!

Now it is already possible to answer the question with confidence. Price of Bitcoin has not grown, and the World Cup on football has already started. I think that between these two things there is no correlation.

Nikolas_the_Wonderworker

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The World Cup on the contrary on the contrary distracts most of investors, trades and interest on exchanges will fall.

gerjiss

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I think that this is quite real, and most likely it should already start to grow, as I personally expect that by mid-July it will cost at least 9000 dollars.

Irkytsk38rus

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Araw ICO

I think these events are not connected at all with each other. I generally think that the fall may continue

troiano9

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I dont see how the two things are related whatsoever

Ragnar Lothbrok

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I think because the world cup bitcoin prices actually go down instead of rising, because I personally think people are starting to withdraw their investment in bitcoin and use the money to gambling in the world cup and in my opinion bitcoin price will increase again when the world cup is finished.

BITSPANISH

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I don't think there is any relationship between cryptocurrenc/ BTC and WC

). Although it's the king sport held every 4 years but I don't think it'll help Bitcoin price increasing although just a little bit. Of course there will be so many people use Bitcoin to bet on World Cup matches but it'll not help anyway Grin

reflector

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Quote from: vallydelly on June 14, 2018, 09:10:33 AM

Well for me I think the crypto market is in red because of the world cup because a lot of people will sell of their cryptos to sponsor their trips to the world cup to go and enjoy their time in the world cup, So I think world will and already making the market to go down.

I hope the same what this thread has been created for the discussion, but the bitcoin price is the matter for everything whether the gambling, trading and any kind of works. So we need the bitcoin value bumped in the market bro.
We may see the many people comes to bet for the world cup matches.
Definitely we will find the btc to reach 8k USD.

Topic: Should BTC rise for the World Cup? (Read 511 times)