Pages:
Author

Topic: Trade war Influences on cryptocurrency - page 4. (Read 1333 times)

full member
Activity: 593
Merit: 100
BBOD The Best Derivatives Exchange
September 24, 2019, 02:42:34 PM
#92
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?
The trade war always creates an opportunity for cryptocurrencies when all the countries participating in the war are negatively affected by this war. At that time, paper money will gradually depreciate due to the influence of the countries that have a more significant impact on small states. Cryptocurrency can replace paper money as a payable exchange worldwide with one click.
full member
Activity: 490
Merit: 123
September 24, 2019, 01:49:55 PM
#91
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
newbie
Activity: 16
Merit: 0
September 24, 2019, 01:41:21 PM
#90
A trade war does not influence the cryptocurrency and cryptocurrency is already in demand so no trade war influence.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
September 24, 2019, 09:27:05 AM
#89
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.
legendary
Activity: 3052
Merit: 1188
September 24, 2019, 07:45:28 AM
#88
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.
according to the news I got,
the reason China issued their country's cryptocurrency was an attempt to counter Libra cryptocurrency,
I am very optimistic that the CHINA & US trade war will provide clarity and new hope for the future adoption of cryptocurrencies in the future.
Looking at how libra may not even happen, it looks like china crypto currency can get canceled as well, it was definitely just a counter measure against Libra that part is known but if Libra doesn't happen do you really think China will continue with their own crypto? They definitely could, its still on the table but I feel like the only reason they will do it will be gone and they will have no other reason to do it. Its a risk they will not be willing to take and I honestly think its just a method of prevention for them.

However, if they continue with it than we will see the first big nation with its own crypto (Venezuela had one I think) and see how well it does and according to results of that we may see other countries doing the same as well or china will close and there will be none.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
September 24, 2019, 03:28:02 AM
#87
~
Gold price has increased since the beginning of the trade war, it's true. But will it be increasing more is a big question. Don't forget that there are over 190,000 metric tons of gold on Earth, and almost any household has some gold in their possession. Since most people are poor, they start selling their gold when the price rises thus preventing the further rise. Also I read some articles where rich businessmen were saying they would rather bet on Bitcoin than on gold these days.

Even with that 190,000 metric tons, gold will still be as coveted as before. It is gold, after all. Just like Bitcoin, gold has its ups and downs on its chart but if you zoom it out, it will show you an appreciating asset.

If this kind of trade war continues, I think it will benefit both Bitcoin and gold. Both are a safe way out when fiat currencies are fighting against each other. There's depreciation going faster with this uncertain and turbulent setup. But I doubt that the majority of businessmen will get into Bitcoin rather than on gold. The best possible scenario is that they will include a good amount of Bitcoin in their portfolio.

Of course with thousands of years of appreciation gold can't lose its value in no time. No doubt that currently the majority of businessmen would rather invest in gold than in Bitcoin. But let's think of what can happen in the nearest future if, due to fast technological development, gold will be replaced with some sort of a synthetic alloy that is more efficient in conducting electrical charges? What if gold will be replaced in dentistry as well? What if gold jewelry will be out of fashion? In this case the price of gold can go down big time.And I wouldn't say that this scenario is highly improbable.
sr. member
Activity: 2338
Merit: 365
September 23, 2019, 02:36:19 AM
#86
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.
according to the news I got,
the reason China issued their country's cryptocurrency was an attempt to counter Libra cryptocurrency,
I am very optimistic that the CHINA & US trade war will provide clarity and new hope for the future adoption of cryptocurrencies in the future.

And also, what can ordinary investors do to avoid losses?
IMO, Investors who have entered at the wrong price must "HOLD' until the Bullish market recurs,
so that investor losses can be reduced.
newbie
Activity: 1078
Merit: 0
September 23, 2019, 02:17:35 AM
#85
It dose not create any set backs relating to trading even the trade war occur it depends in what way the market is going through and increase the reputation among est different facts that creates the major factor that enhance the possibility to you if you wanted to invest the BTC is reliable one which does not effect their tendency so you do not depressed and get the possible scenarios to avoid looses.
full member
Activity: 468
Merit: 100
September 23, 2019, 01:52:02 AM
#84
In my opinion what happened in the trade war is more to affect the value of imports exports from the two countries, indeed if it continues it will affect the economy in the world because the us and china have a big influence on the world economy. From that point in my opinion the bad impact will be a little to crypto, cryptocurrency is more decentral so external influences won't have a big impact.

but if external influences do not have a big impact on cryptocurreny, why is it difficult for the crypto market to rise now? US and China have a big influence on the world economy, do you think they can also make a world economic impact on cryptocurrency?
full member
Activity: 546
Merit: 100
September 21, 2019, 10:35:47 PM
#83
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?


They are just using the trade war to make a rumour that it will have a good positive on cryptocurrency specifically making the price of bitcoin surge up because of that economic problem. And now it is clear that it still having no positive on btc effect because there is no connection on increased tariffs to make the chinese buy crypto because of it. And if you want to avoid losses as an ordinary investor, don't believe anything that is hyped or shilled at you.
sr. member
Activity: 2380
Merit: 366
September 21, 2019, 09:16:17 PM
#82
Golds only reason to get any attention is that there is a limited supply and people really value it. The sad part about it is that there are stuff we use gold to produce, and sometimes they go to garbage, sometimes they are lost and in the end there is really a limited amount of gold, which means it will eventually get more and more valuable and will be literally unpurchasable for regular people at one point.

Same goes with bitcoin, just 21 million at max and we already lost millions of it I am sure, with more time passes there will be more losses and people forgetting their keys and all that which will eventually reach to a point we may end up with less than 10 million, that alone would make bitcoin go up super high in price. The resembles are uncanny.

Gold price has increased since the beginning of the trade war, it's true. But will it be increasing more is a big question. Don't forget that there are over 190,000 metric tons of gold on Earth, and almost any household has some gold in their possession. Since most people are poor, they start selling their gold when the price rises thus preventing the further rise. Also I read some articles where rich businessmen were saying they would rather bet on Bitcoin than on gold these days.

Even with that 190,000 metric tons, gold will still be as coveted as before. It is gold, after all. Just like Bitcoin, gold has its ups and downs on its chart but if you zoom it out, it will show you an appreciating asset.

If this kind of trade war continues, I think it will benefit both Bitcoin and gold. Both are a safe way out when fiat currencies are fighting against each other. There's depreciation going faster with this uncertain and turbulent setup. But I doubt that the majority of businessmen will get into Bitcoin rather than on gold. The best possible scenario is that they will include a good amount of Bitcoin in their portfolio.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
September 21, 2019, 09:20:41 AM
#81
Golds only reason to get any attention is that there is a limited supply and people really value it. The sad part about it is that there are stuff we use gold to produce, and sometimes they go to garbage, sometimes they are lost and in the end there is really a limited amount of gold, which means it will eventually get more and more valuable and will be literally unpurchasable for regular people at one point.

Same goes with bitcoin, just 21 million at max and we already lost millions of it I am sure, with more time passes there will be more losses and people forgetting their keys and all that which will eventually reach to a point we may end up with less than 10 million, that alone would make bitcoin go up super high in price. The resembles are uncanny.

Gold price has increased since the beginning of the trade war, it's true. But will it be increasing more is a big question. Don't forget that there are over 190,000 metric tons of gold on Earth, and almost any household has some gold in their possession. Since most people are poor, they start selling their gold when the price rises thus preventing the further rise. Also I read some articles where rich businessmen were saying they would rather bet on Bitcoin than on gold these days.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
September 20, 2019, 12:01:09 PM
#80
   Nobody can predict the future. Trade war is ongoing, predicting the outcome is impossible, what we are doing in this times is choosing sides. With using
crypto-currencies we made our choice and now we can hope for the best.
   Trade war is a global thing, it hit`s every country and all the people, in some way. Trade war will have influences on crypto-currencies, I believe in positive way.
People will see that this is a better and safer way!
hero member
Activity: 2828
Merit: 611
September 20, 2019, 10:51:41 AM
#79
Golds only reason to get any attention is that there is a limited supply and people really value it. The sad part about it is that there are stuff we use gold to produce, and sometimes they go to garbage, sometimes they are lost and in the end there is really a limited amount of gold, which means it will eventually get more and more valuable and will be literally unpurchasable for regular people at one point.

Same goes with bitcoin, just 21 million at max and we already lost millions of it I am sure, with more time passes there will be more losses and people forgetting their keys and all that which will eventually reach to a point we may end up with less than 10 million, that alone would make bitcoin go up super high in price. The resembles are uncanny.
full member
Activity: 1050
Merit: 100
September 19, 2019, 10:58:01 AM
#78
I don't think the trade war will have a big impact on this market. If this market was affected by the trade war, BTC would have gone up sharply when the US imposed Chinese taxes in early September.
That’s right but since the market is still down, we can conclude that the trade war is just a war that can’t affect the crypto market. Maybe in short term there is no effect but we can’t be sure if the future will still be like this. Trade war between the USA and CHINA makes an impact on some economy and businesses, its good that bitcoin is still not affected and its good that we still see bitcoin kickin. The price of bitcoin will move up on the upcoming halving, let’s be patience on that.

We hope that it will not give a negative impact but only give a positive effect on the bitcoin because people will save their money into another form or another investment. Bitcoin could be the next of the best investment for people and who knows, with that moment, many people will realize the benefits of bitcoin to them so they will invest their money in bitcoin. If that happens, then we might see an exploding of the adoption in cryptocurrency because people want to move their money to the other investment.
With the trade war going on it will make the economy not conducive, it is our hope that investors can see bitcoin and invest their funds in cryptocurrency, so this will have a positive impact. especially after the bakkt later, it will increase the confidence of investors and also the government, so that mass adoption will soon occur
hero member
Activity: 1666
Merit: 502
September 19, 2019, 08:24:27 AM
#77
In my opinion what happened in the trade war is more to affect the value of imports exports from the two countries, indeed if it continues it will affect the economy in the world because the us and china have a big influence on the world economy. From that point in my opinion the bad impact will be a little to crypto, cryptocurrency is more decentral so external influences won't have a big impact.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 19, 2019, 07:30:06 AM
#76
I don't think the trade war will have a big impact on this market. If this market was affected by the trade war, BTC would have gone up sharply when the US imposed Chinese taxes in early September.
That’s right but since the market is still down, we can conclude that the trade war is just a war that can’t affect the crypto market. Maybe in short term there is no effect but we can’t be sure if the future will still be like this. Trade war between the USA and CHINA makes an impact on some economy and businesses, its good that bitcoin is still not affected and its good that we still see bitcoin kickin. The price of bitcoin will move up on the upcoming halving, let’s be patience on that.

We hope that it will not give a negative impact but only give a positive effect on the bitcoin because people will save their money into another form or another investment. Bitcoin could be the next of the best investment for people and who knows, with that moment, many people will realize the benefits of bitcoin to them so they will invest their money in bitcoin. If that happens, then we might see an exploding of the adoption in cryptocurrency because people want to move their money to the other investment.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
September 18, 2019, 05:02:40 PM
#75
I don't think the trade war will have a big impact on this market. If this market was affected by the trade war, BTC would have gone up sharply when the US imposed Chinese taxes in early September.
That’s right but since the market is still down, we can conclude that the trade war is just a war that can’t affect the crypto market. Maybe in short term there is no effect but we can’t be sure if the future will still be like this. Trade war between the USA and CHINA makes an impact on some economy and businesses, its good that bitcoin is still not affected and its good that we still see bitcoin kickin. The price of bitcoin will move up on the upcoming halving, let’s be patience on that.
full member
Activity: 634
Merit: 118
Bounty Hunter Indonesia
September 18, 2019, 01:19:30 PM
#74
I think trade war between US and China will not give any effect on cryptocurrency because the fact is cryptocurrency (especially bicoin) is just a new source of investment and also until now, the tool of world trade transactions still use fiat money (in some countries maybe use gold) not use cryptocurrency. You can see, when the Chinese government is devaluing the value of their fiat money (Yuan), the prices of Bitcoin and Altcoin were relatively stable. so, I doubt if trade war will have a big influence on cryptocurrency
full member
Activity: 474
Merit: 111
September 18, 2019, 10:24:29 AM
#73
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?
I think we should all use money to buy Bitcoin and invest in it. because Bitcoin is always in high demand and when the recession starts, people increasingly want to buy assets that can hold back their value, such as gold or Bitcoin.
Therefore, choosing to buy Bitcoin is the best way to not be affected by the recession.
Pages:
Jump to: