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Topic: Trade war Influences on cryptocurrency - page 8. (Read 1333 times)

full member
Activity: 770
Merit: 101
August 23, 2019, 02:20:54 AM
#12
China and the United States have caused a major trade war, businesses in China are currently doing a lot of business losses.
That is also the reason why many people spend more money to buy Bitcoin than in the past only expect its deflation.
After the US and Chinese war ends, you'll see Bitcoin is no longer being bought that much, instead it will be the season of alts.
hero member
Activity: 2002
Merit: 535
August 23, 2019, 02:03:19 AM
#11
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?
As any other investment, people will find it hard to find enough money to invest in any financial market if the trade war escalates to a certain point there are many issues that will arise and jobs will be the first market that would get affected, in the short term you can see it as a boom for local manufacturers and production will increase and in turn the companies can increase their work force which means more jobs, but we need a free market to have a competitive price for the customers and with the worlds top economies clashing is not a good sign as it will slow the economic growth and it will have an impact globally.
Bitcoin can help overcome these restrictions and hopefully the world market will realize the real potential of bitcoin in these situations. For anyone looking for a currency to trade globally without any borders or restrictions they can embrace the magic of bitcoin.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
August 23, 2019, 01:52:53 AM
#10
The direct result of these trade wars are the economic uncertainty that political decisions like this are causing in the financial markets. We have already seen investors searching for safe havens like Bitcoin with a store of value, when trade wars between China and the USA intensified.

So these trade wars are good for Bitcoin, because the economic instability are forcing investors to hedge their losses by investing in alternative "store of value" investments like Bitcoin, but it is not good for Fiat currencies and stock markets.  Roll Eyes
hero member
Activity: 1722
Merit: 528
August 22, 2019, 07:39:55 PM
#9
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.
member
Activity: 590
Merit: 39
August 22, 2019, 07:04:05 PM
#8
I don't see any connection between the two.

manipulation of currencies has a big impact on the trade balance, it's an important part of trade wars. Crypto may be useful to preserve values.
full member
Activity: 966
Merit: 153
August 22, 2019, 03:58:44 PM
#7
I don't see any connection between the two.
The two government are dealing in fiat currency, it could have been possible if it were on cryptocurrency.
Or else though individuals whom are doing business with cryptocurrency decides to take it up in themselves.
Besides, the issue going on with these two government is nothing but power exhibition.
hero member
Activity: 1806
Merit: 672
August 22, 2019, 03:45:58 PM
#6
Really depends on how hard the economy of that country is hit from that trade ware. If it only affects a particular business industry not related to the crypto industry then I doubt it would trigger any long term effects in the market it will just be FUD at best. But if the trade war is somehow affecting a business with near relations to the crypto industry then we will more have than FUD affecting our market. Businesses like crypto exchanges being prohibited from running internationally or blockchain companies not having a fair fight against local counterparts are just a few examples.
member
Activity: 1204
Merit: 38
August 22, 2019, 01:20:30 PM
#5
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 am sure that it will have no affect on the crypto currency trading or on its prices because trading wars only affect the stocks value so it might increase the adoption of bitcoin possibly.If you want to avoid losses from any circumstances then you need to buy gold which is the safest but its not going to be profitable so its upto you which one you are looking for an alternative.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
August 22, 2019, 03:00:10 PM
#5
Large-scale businesses and foreign investors would still choose the use of USD over any other currency given that most still use the said fiat for the majority of their trades and dealings around the world. Bitcoin, in its current shape and form does not pose to be one of the leading currencies to be used in the event of a larger tension between the US and China, simply because a lot of companies would simply need to follow suit and of course, the threat of volatility still lingers within the currency. For now, the two nations are vying to be the most used currency around the world, with CNY devaluing harder and USD gaining the upper hand. Bitcoin and crypto, perhaps, could be a hedge should this continue and worsen over time, but for trades and transactions, it's no doubt that USD is still king.
hero member
Activity: 2968
Merit: 687
August 22, 2019, 12:22:22 PM
#4
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?
None, theres no significant effect of these trade war things into crypto market. They can ban all they want and make issues towards these countries yet

Crypto market is entirely different and these factors cant really make affect on the price.So its totally irrelevant if we do just stress out ourselves to believe on possible influences.
jr. member
Activity: 284
Merit: 5
August 22, 2019, 12:01:56 PM
#3
the trade war can't hurt Cryptos that much until maybe the USa impose a blanket ban on crypto. Other than that, China already has a ban, and many existing coins are already dead...

If you mean bitcoin can serve as an alternative source of investment, yeah it could but the regulatory issues in the long term is the tooicof concern now. Other than that, it would be safer staying in bitcoin than in dollars.

Moreover, investing in a physics asset such as gold will also help provide some sort of security.
full member
Activity: 1736
Merit: 121
August 22, 2019, 10:51:31 AM
#2
What the average investors need to do is to avoid investing in dollar or maybe bitcoin. But I don't think bitcoin can be affected because most investors can convert their fiat into cryptocurrency and bitcoin is the most sort for.
jr. member
Activity: 201
Merit: 1
August 22, 2019, 10:15:25 AM
#1
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?
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