Trade war Influences on cryptocurrency - page 7.

xpinvest

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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?

Here's an article on it
https://www.publish0x.com/xpinvestio/politics-trade-war-and-cryptocurrencies-xpndvl

Paul
xpinvest.io

auntyjmary

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The USA and China are the strongest economy we have in the world at the moment. This power allows the two countries to influence whatever happens across the globe. To some extent, trade war between these two powerhouse countries can easily affect the prices of all commodities including bitcoin and all cryptocurrencies.

audaciousbeing

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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?

The issue of effect of trade war on the effect of bitcoin has been over-flogged already and several opinion has been made and positions given and this thread would not change it. The point is, if there is going to be any effect on bitcoin, we probably should have seen it already and so loud that it can be traced but now that the whole issue is expected to be resolved due to series of talks and negotiations, I don't expect any further effect whatsoever. Although, in my opinion, there is room for some marginal changes during this period but would not be linked directly to the trade war because even without any major thing happening in world economics or politics, bitcoin has been used to several increase and decrease intermittently.

SirLancelot

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Quote from: LeGaulois on August 23, 2019, 08:26:10 AM

Quote from: Jating on August 23, 2019, 07:29:39 AM

We haven't seen any effect whether positive or negative, crypto market still continue to go day by day. If there is an impact, we should have seen the price going healthy and moving to a positive growth.

I see some.
With the Sino American conflict and investors' tendancy to be worried about a recession, we can see more and more of them turning to safe-haven, such as gold. (you can check charts)

What does this have to do with Bitcoin? It has been following the gold price for 3 months (you can check charts too to see the correlation). It means that investors tend to consider Bitcoin more and more as a safe haven. (Are they right or not is something else)

Compared to Bitcoin, does it remember you something for the past 3 months?

[im g width=400]https://i.imgur.com/Y7MaueP.png[/img]

[im g]https://i.imgur.com/rWXyFZN.png[/img]

[im g]https://i.imgur.com/kWK6jIe.png[/img]

We have all been seeing bitcoin fluctuates, gain massive increase sometimes, and then sometimes dump hard and none of us could really explain what is making this to happen other than we associating it to trades, bulls, and bears but there are factors that are happening in different locations that is making this to happen, and one of them could also be this trade war between them both and you may never know.

Their citizens might be passing money through the bitcoin market to make payment for good s and services and you know that has they demand, the price of bitcoin will increase, and has they withdraw; we will also see the effect of it. No one of us is sure of the effect of this war on bitcoin, but it might be having without making bigger impact.

javadsalehi

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When there is political or economic turmoil, there is high probability that national currency of countries involved in the turmoil decrease in value. At this time, people rush to safe assets. This is what we have experienced with gold many times. Both Yuan and dollar holders try to protect the value of their money and then all people will follow them. Gold is now a safe asset and it can attract many people who want to protect the value of their money. Bitcoin can be also attractive for people. Bitcoin has shown some good signs in the past months and many investors will consider that. So, bitcoin price will rise.

Schirer

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I have been taking notice of trade wars news and actual taxes but haven't seen any influence on crypto markets, i think that there is a very week connection or nothing at all. The trade war has a big impact on stock markets .

Ararbermas

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Quote from: Janation on August 22, 2019, 07:39:55 PM

I don't think the trade war will influence cryptocurrencies since we all know China banned Bitcoin and any other cryptos.

Maybe the US can affect or influence it but I don't think that that will be so huge that we need to worry about it. Also, the items from China going to US and items of US going to China will be the one affected mostly here, I don't think we should connect cryptocurrencies here.

for me there's a possibilitIies that US can manipulate the market because US has a largest partners in investing on cryptocurrency ,such bitcon and eth If this war happen for sure there will be a drastic fluctuation in the market . I hope that it will not go further because it will be a long bear season again for sure.

Baby Dragon

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Quote from: hyipleaks on August 24, 2019, 02:59:39 PM

Crypto community tend to believe that every world problem (both politics & economics) influence Bitcoin price positevely. Is it really true?

It is true but aside from having positive impact, it can also affect bitcoin price negatively. For instance, in politics the government might pass a law that can inhibit or control cryptocurrency. This will have a huge negative impact in the crypto industry.

hyipleaks

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Crypto community tend to believe that every world problem (both politics & economics) influence Bitcoin price positevely. Is it really true?

SquallLeonhart

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Fiat doesn't lose value because of the trade war, it increases the prices for sure and that creates some sort of inflation which decreases the value of fiat you are right about that. However at the same time it is creating a "lack of" situation everywhere else as well, so while you have american dollar becoming worthless over time in USA, it is making it worth more around the world because trade war caused it not be able to go around the world.

So, you are not giving dollars to Chinese and they have less of it which creates a demand by the Chinese and that increases the value of it. You have to calculate which one is heavier, is the lack of dollar around the world increases the value more or is having more of it in USA decreases the value of it more, and that is something we can learn only after years of this not right away.

mindrust

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You can't think trade war and currency war separately.

The Trade war brings a currency war along with itself. And a currency war means constant QE's, inflated FIAT, rising asset prices...

FIAT already loses its value over time but it wasn't happening that fast so average Joes wasn't panicking that hard. Now USA and China is starting a war, these currencies will be in constant dumpster mode. It won't be limited to USD and CNY neither. EUR will join too.

Where do you think all those excessively printed FIAT will go? Even the average Joe's will wake up and see what's happening this time. Gold already gave the first signs. Gold may go as high as $2k maybe a lot higher.

Bitcoin definitely will be above (at least) $50k if this madness keeps going.

Rustamm

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Perhaps the trade war between the USA and China will not have a strong impact on the price of cryptocurrencies in the short term. But in the long run, you can see that many countries develop their cryptocurrencies. For example, the trade war pushed the Chinese government to create stablecoin, this will help China bypass US sanctions and bans. Therefore, in the long term, a trade war should give rise to cryptocurrencies.

sana54210

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Trade wars are something temporary, it has started with USA and china and now Britain is doing some exit of sorts which would be hurting the economy in UK and possibly in EU as well. Those are the only ones we know but since they are big countries it looks like they are actually hurting the global economy as well.

I think crypto would not get too much affect because of it because people who use it already uses and people who don't will not probably look at it like that hence the crypto part will not be affect by this, it is only the companies that would be affected. Maybe a small number of people will look towards crypto too but I doubt that would make too much difference. If the companies and big money starts to move to crypto to go around the war than it would actually hurt us because countries will try to stop it.

rjbtc2017

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No, Investors and Traders based their decision on charts, while amateur Traders may decide based on what the current economic state and Trade News but not into the Chart. Trade War may influence how the Government decides on the regulation of exchanges. Amateur Investors should cut losses, not avoid it. Losses are always inevitable in Trading/Investing.

arpon11

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The way I read about this trading war of America and china online and many analysts said " it is a win-win for bitcoin" and some positive news that keep coming into the market I was thinking that by now bitcoin should be above $30,000 by now but price or bitcoin seems not reacting to all those news and events. Maybe in some months to come, we would start to witness changes in things and the trade war will start to impact the market.

LeGaulois

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Quote from: Jating on August 23, 2019, 07:29:39 AM

We haven't seen any effect whether positive or negative, crypto market still continue to go day by day. If there is an impact, we should have seen the price going healthy and moving to a positive growth.

I see some.
With the Sino American conflict and investors' tendancy to be worried about a recession, we can see more and more of them turning to safe-haven, such as gold. (you can check charts)

What does this have to do with Bitcoin? It has been following the gold price for 3 months (you can check charts too to see the correlation). It means that investors tend to consider Bitcoin more and more as a safe haven. (Are they right or not is something else)

Compared to Bitcoin, does it remember you something for the past 3 months?

Jating

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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?

We haven't seen any effect whether positive or negative, crypto market still continue to go day by day. If there is an impact, we should have seen the price going healthy and moving to a positive growth. But such speculation by crypto enthusiast was debunked when the price of bitcoin didn't move. The price is barely above $10k, nothing that we can be happy about.

And as far as I know, this trade war started in 2018 and the picture was just highlighted this year. So the conflict will have no ill effects to us. Crypto has its own set of investors and doesn't care if we have a trade war or not.

RealMalatesta

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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?

Absolutely nothing, the percentage of users in these two countries is not that much to have any effect on bitcoin, the few ones that known about cryptocurrency might to turn to it to make investment, but majority of them would either invest in gold or some sort of physical thing that they are used to already, and this trade war, I don’t see it affecting china in any way.

The largest consumer of their products are in Africa, so U.s are the one that relies more on china products for their economy, and I think their president is ready to make peace already because with all the debt that US is in already, they cannot afford to waste their time and strength on a war that is just not worth it if you may ask me please. China is also already trying to make their own crypto already.

Distinctin

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If you will ask the experts that are crypto enthusiast about this, they would always say that the trade war has a positive influence on bitcoin and the whole crypto market because altcoins also has the potential to grow in the future, however, majority of them will invest in BTC as it's the most powerful coin in the market.

With the trade war that of these two, it will only affect their economy, and I think USA under Trump leadership has made a wrong decision for this.
I know his intention is to benefit the americans, but the chinese products have already penetrated in the market.
The people will suffer if this will continue, and even other countries will be affected as well.

sunsilk

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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.

Mostly there's none. Cryptocurrency isn't really relying on any of the two countries economy although there can be some occassions that we notice that when the stocks fell, crypto also plummets.

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

And also, what can ordinary investors do to avoid losses?

Buy bitcoin, simple yet powerful advice.

As mentioned, bitcoin is becoming the savior of assets now mostly if there's a falling economy to a country. I've read an article/news about Hongkong and people there starts to eye for bitcoin as their safer investment.

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