Trade war Influences on cryptocurrency - page 3.

wxa7115

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Quote from: alyssa85 on October 02, 2019, 09:05:05 AM

Quote from: wxa7115 on September 29, 2019, 10:55:29 AM

But in what way bitcoin will be affected by an economic crisis? That is what I would like to know, it could be possible that bitcoin will be affected negatively since people will want to get their money out of volatile investments however it is also possible that the value of bitcoin could go up as people lose confidence in fiat currencies.

The only way bitcoin will benefit from an economic crisis will be if that crisis happens in Europe. The europeans have passed bail-in rules where if a bank is in trouble they can seize your savings. This is unique in the world, nowhere else allows the seizing of savings like this.

The Cyprus crisis in 2013 when they first tried this, is what brought Bitcoin to global attention as a means of protecting your money. If the bail-ins happen again, I expect demand for crypto will soar.

In the case of an economic crisis I do not see how Europe could be spared, they are in a bad shape as most of the western world and their experiment with the Euro will certainly fail so if anything Europe should be one of the most affected zones the next time an economic crisis hits them. However I am surprised by how ignorant are people about topics like these, it is as if they never learn from all the suffering they have gone through.

Most people I know do not even remember the economic crisis of 2008 and when I tell them about it they think it will never happen again when most of the time a new crisis emerges every other decade.

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Quote from: lab rat hoax on September 30, 2019, 04:28:50 PM

I think these trading wars will positively affect gold and cryptocurrencies. Because of this trade war, people are looking for a safe harbor for their money. And I think the best option for this is cryptocurrency, because we all know that crypto currencies are decentralized, uncontrollable and cannot be confiscated by states and banks.

As we can see the price of Bitcoin is not falling.

Another thing is that there are centralized cryptocurrencies.

They are not just that popular since we all know what crypto is popular and the most expensive of them all.

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Quote from: lab rat hoax on September 30, 2019, 04:28:50 PM

I think these trading wars will positively affect gold and cryptocurrencies. Because of this trade war, people are looking for a safe harbor for their money. And I think the best option for this is cryptocurrency, because we all know that crypto currencies are decentralized, uncontrollable and cannot be confiscated by states and banks.

Not all of them are decentralized and uncontrollable, and, as we've learned from the known criminal cases involving crytpo, they can be confiscated by the state. But regular people, who are not criminals, shouldn't be concerned much about traceability and possibility of confiscation. What's important is that banks can't print BTC at will causing hyperinflation and depreciation of the currency.

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Quote from: wxa7115 on September 29, 2019, 10:55:29 AM

But in what way bitcoin will be affected by an economic crisis? That is what I would like to know, it could be possible that bitcoin will be affected negatively since people will want to get their money out of volatile investments however it is also possible that the value of bitcoin could go up as people lose confidence in fiat currencies.

The only way bitcoin will benefit from an economic crisis will be if that crisis happens in Europe. The europeans have passed bail-in rules where if a bank is in trouble they can seize your savings. This is unique in the world, nowhere else allows the seizing of savings like this.

The Cyprus crisis in 2013 when they first tried this, is what brought Bitcoin to global attention as a means of protecting your money. If the bail-ins happen again, I expect demand for crypto will soar.

ice098

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I don't that the war could affect or influence the cryptocurrency, first of all, cryptocurrency is an independent currency, it not base nor created by China or US, each investors has the right to invest to whom they want to invest, they can use different techniques if trading in bitcoin prohibits in their countries but as far as I know the both party already into bitcoin, and many users are there , we do also have different exchange the are base on each of it.

betty11

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Someone said "if you want to avoid losing in the coming economic crises, just don't put your money in the bank" buy something and leave your fund on what the banks don't have control over or don't manipulate. Investing in a more stable substance or material will better in the event of a harsh USA/Chinese trade war. Let's not talk about military war.

Pab

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I think that war trade have limited influence on crypto
Trade war was advertised like a factor what is causing bitcoin bull run.i think it was just a hype
China is not buying bitcoin because yuan felt a little.China is buying gold
Crypto currencies has his own life and bitcoin is most risky investment asset
These kind of asset are strongly moving up when stocks are rising
It is possible to see on bitcoin and stocks historic data

teosanru

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Quote from: cryplion on August 22, 2019, 10:15:25 AM

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse. And also, what can ordinary investors do to avoid losses?

If there is a complete trade war upon goods between both these countries and services trading is still on then btc can actually benefit from it. Because people who are really in need of certain services will have to buy them at any cost and they might consider btc as a payment option so that they don't come into the picture.

Politically speaking i Dont think it could have an impact on btc as whole because BTC doesn't have much impact on global trade relations as not much of the trade takes place in bitcoin. But yes if in such cases there is an economic shakeout then people could consider investing in Cryptocurrencies as an option.

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Quote from: jmigdlc99 on September 30, 2019, 09:28:53 PM

Quote from: cryplion on August 22, 2019, 10:15:25 AM

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse. And also, what can ordinary investors do to avoid losses?

Fiat trade war sounds good for bitcoin to me. The more people fear for their fiat money, the more they look for investment vehicles like gold, or even better BITCOIN. It's no surprise . because we've seen this happen already take for example Zimbabwe. When that country's inflation rates resulted to the government printing billion dollar bills everyone tried to preserve the value of their money by investing in bitcoin.

If that scenario will happen, it will become like winning a lottery for us because people will increase the demand and since the supply of bitcoin is very limited, it is safe to say that we can get a lot of profit from just holding and owning a few bitcoins in our wallet. This is why, it is so important to take advantage of the opportunities that we have to get more bitcoin.

this is not happening. Such trade wars Don't hype upto hyper inflation or anything because both countries know that what is at stake at most they would just stop cross ocean trade for sometime and nothing else. Things would be restored to normal later.

jmigdlc99

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Quote from: cryplion on August 22, 2019, 10:15:25 AM

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse. And also, what can ordinary investors do to avoid losses?

Fiat trade war sounds good for bitcoin to me. The more people fear for their fiat money, the more they look for investment vehicles like gold, or even better BITCOIN. It's no surprise . because we've seen this happen already take for example Zimbabwe. When that country's inflation rates resulted to the government printing billion dollar bills everyone tried to preserve the value of their money by investing in bitcoin.

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This is a very good opportunity for the people who want to make a lot of money. We should put our money now to the cryptocurrencies so we can be the first one to invest before the people who are currently still in the stock market so if trade war gets worse and the people panic there and jump into cryptocurrency then we will have a lot of profit and we can use the profit to buy stocks from the stock market which are in a huge discount and wait for the market to recover and secure our profit.

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the trade war is good for cryptocurrency. Actually, it doesn't have much of an effect on it. Bitcoin and cryptocurrency is going to succeed regardless of any trade war or other war because ultimately the technology is what matters at the end of the day, and people are benefiting from blockchain technology on an everyday basis.

lab rat hoax

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I think these trading wars will positively affect gold and cryptocurrencies. Because of this trade war, people are looking for a safe harbor for their money. And I think the best option for this is cryptocurrency, because we all know that crypto currencies are decentralized, uncontrollable and cannot be confiscated by states and banks.

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Quote from: micher143 on September 28, 2019, 10:55:49 PM

Quote from: Google+ on September 28, 2019, 05:44:10 PM

Trading wars can be a very big influence because there will definitely be those who use cryptocurrency to make money transfer transactions or use it for money laundering, so I think this cryptocurrency can have an influence that will make cryptocurrency prices go up or down depending on the war actors who wage war what use cryptocurrency trading is used for.

Bad publicity is still a publicity, I think any news regarding bitcoin will get the attention of the people because that is the main key for bitcoin price to go up, increase the demand of the people I am sure that the bitcoin price will pump. but yeah some news still making the bitcoin price to dump.

Some aren't making sense anymore, some of them are just one-sided. It becomes an influential tool in the market since a lot of people are listening and watching TV news which it exactly could create such market drama. If we are thinking that crypto never gives benefits to the community, its something we have to agree of those false accusations towards crypto.

Betwrong

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Quote from: wxa7115 on September 29, 2019, 10:55:29 AM

~
But in what way bitcoin will be affected by an economic crisis? That is what I would like to know, it could be possible that bitcoin will be affected negatively since people will want to get their money out of volatile investments however it is also possible that the value of bitcoin could go up as people lose confidence in fiat currencies.

I think, there will always be both kinds of people: those who prefer to invest in gold and hard currencies like US dollar, Euro, Swiss franc, British pound sterling and Japanese yen; and those who have more trust in other things, be it other than gold physical commodities, cryptocurrencies or something else. Although the former types are still the majority, there are millions of people losing their faith in gold and USD, and turning their sights to new opportunities.

wxa7115

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Bitcoin is GOD

Quote from: mazdafunsun on September 24, 2019, 01:49:55 PM

There is not much that BTC market is influences by nowadays.
All the big news about some shop chain adopting btc do nothing, stock market movements also seems to have no impact on btc price. The same goes for trade war, no influence. To trully get influence on BTC market something huge has to happen, or just the current money should get the price to level which makes new players believe that btc will go much higher, like price of 14 k

It is true that external factors are not moving the price of bitcoin that much anymore but this should be good news because it means that investors are more concentrated on internal events than in any external influence, however if external factors are huge enough you can be sure that bitcoin will be affected by them, and if the trade war continues and even escalates to the point that we begin to see an economic crisis then you can be sure that bitcoin will be affected by it.

But in what way bitcoin will be affected by an economic crisis? That is what I would like to know, it could be possible that bitcoin will be affected negatively since people will want to get their money out of volatile investments however it is also possible that the value of bitcoin could go up as people lose confidence in fiat currencies.

micher143

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Quote from: Google+ on September 28, 2019, 05:44:10 PM

Trading wars can be a very big influence because there will definitely be those who use cryptocurrency to make money transfer transactions or use it for money laundering, so I think this cryptocurrency can have an influence that will make cryptocurrency prices go up or down depending on the war actors who wage war what use cryptocurrency trading is used for.

Bad publicity is still a publicity, I think any news regarding bitcoin will get the attention of the people because that is the main key for bitcoin price to go up, increase the demand of the people I am sure that the bitcoin price will pump. but yeah some news still making the bitcoin price to dump.

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Trading wars can be a very big influence because there will definitely be those who use cryptocurrency to make money transfer transactions or use it for money laundering, so I think this cryptocurrency can have an influence that will make cryptocurrency prices go up or down depending on the war actors who wage war what use cryptocurrency trading is used for.

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Quote from: bitgolden on September 25, 2019, 12:05:58 PM

Gold has been around for far longer than bitcoin but when you look at it there are not that many gold owners that makes any headlights, there are few hundred companies and all that but the small time "I got a gold bracelet" type of investments are not really that big of a deal so the remaining parties who hold over 10 million dollars worth of gold and the people who hold bitcoin are almost the same, of course we have to make it over 10 million for gold and all bitcoin holders but at the end of the day we always said the same thing, bitcoin is both dollar and gold at the same time and people didn't understand it.

It is dollars because you can spend it to buy something easily via online purchasing, it is gold because you are holding an asset that gains value when others fall.

And yet people are more likely to buy gold for hedging their savings. They continue to believe the old myth that "gold only rises in price", despite the fact that gold was $1,838 USD/oz in 2011 vs $1,497 USD/oz today. Too many years before the 21st century gold was indeed the best investment, so it can take some time before they realize that it is not anymore.

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Gold has been around for far longer than bitcoin but when you look at it there are not that many gold owners that makes any headlights, there are few hundred companies and all that but the small time "I got a gold bracelet" type of investments are not really that big of a deal so the remaining parties who hold over 10 million dollars worth of gold and the people who hold bitcoin are almost the same, of course we have to make it over 10 million for gold and all bitcoin holders but at the end of the day we always said the same thing, bitcoin is both dollar and gold at the same time and people didn't understand it.

It is dollars because you can spend it to buy something easily via online purchasing, it is gold because you are holding an asset that gains value when others fall.

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Quote from: Ranly123 on September 24, 2019, 09:27:05 AM

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those two countries have a very strong influence on the global economy. IMO cryptocurency actually has a chance to win this competition. if those two countries agree to use one special cryptocurrency for their trade, maybe their trade market will be equal.

Of course, China and America are two most valuable could try when it comes to economic growth. But basically, cryptocurrency do not have something to do with the trade wars since it is only applicable for golds and traditional trading.

Indeed, cryptocurrency has nothing to do with the trade war but at least indirectly it will have a negative impact on any existing asset. So the influence is definitely there even though it's not very visible and if cryptocurrency can make something more positive for trade between the two countries and maybe even the world, then of course it will be the best way to stabilize the disputes that occur.

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