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Topic: US vs China Trade War: Bitcoin Next Victim? - page 3. (Read 489 times)

hero member
Activity: 1008
Merit: 501
I don't think bitcoin is related to this trade war! This silent trade war between USA and China is not new, China banned Google, Facebook and many others network a long time ago. So, these things are not related to crypto. Bitcoin is decentralized, Bitcoin is not created by the USA nor China! So, Peace!
hero member
Activity: 784
Merit: 502
Are you hinting towards an exchange hack or something? As cryptic as your post sounds, it's assuming that some exchange will be a target of a hack as a result of the US-China trade wars. Ultimately, bitcoin will receive a pump on its value as money would need an avenue to escape both ends of the playing field, and gold together with bitcoin are the safest and easiest route to do just that. I just hope that what you're saying with an exchange is not true as I am certain that this will, again, place a negative remark on the security of bitcoin exchanges.

No I'm not hiniting at some stupid exchange hack, The US is working freezing Western institutions and companies with Chinese tech. I'm trying to ascertain to what extent this will spill over into the crypto domain. Chinese are heavy investors in the technology as there is a lot of potential exposure
legendary
Activity: 3542
Merit: 1352
Are you hinting towards an exchange hack or something? As cryptic as your post sounds, it's assuming that some exchange will be a target of a hack as a result of the US-China trade wars. Ultimately, bitcoin will receive a pump on its value as money would need an avenue to escape both ends of the playing field, and gold together with bitcoin are the safest and easiest route to do just that. I just hope that what you're saying with an exchange is not true as I am certain that this will, again, place a negative remark on the security of bitcoin exchanges.
legendary
Activity: 3038
Merit: 2162
Huawei pulled a lot of some shady shit, they are not targeted by sanctions simply because they are Chinese. If mining equipment manufacturers, exchanges and other Chinese crypto companies won't do anything like that, I don't think there's any reasons they will suffer something similar, unless the trade war will go all-out, whch seems unlikely, because the US wouldn't want to hurt themselves so hard.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
well this "trade war" has been going on for a while now, it is not like it has started yesterday. and so far it had no effects on bitcoin price since bitcoin has been on the exact trend that was expected of it meaning a big breakout above the resistance at $4k followed by lots of FOMO and reaching the next major resistance at $8k. so I don't think this "trade war" or rather the continuation of it could start having any effects on bitcoin price now.
hero member
Activity: 784
Merit: 502
I can't totally understand this write up, will this lead to bleeding of the bitcoin? or will Chinese government shutdown exchanges based in China, but major exchanges I suppose are not in mainland. I thought the issue of Hauwai has been resolved and Microsoft has started offering services to them again. Anyway, China has no control over bitcoin.

Android is shutting them out of the google ecosystem.. no maps, gmail, play store etc. Tech companies are cutting their links in droves. Huawai outside China is dead. The US is now extending this trade war to other Chinese tech comapnies. The question is at what point will this US action harm Westerns partners of Chinese Bitcoin exchanges and blockschain operations.
I mean fuck if i got a bunch of funds on a Chinese exchange or I buy a bunch of Chinese mining gear I dont want this shitstorm affecting my quality of life. Just posing a "what if" question here
sr. member
Activity: 1008
Merit: 355
US empire looks like its going to wipe out Chinas flagship tech company Huawei. The Chinese crypto technology and exchanges are going to be in the firing line at some point. I'm guessing get thatcrypto out and onto the blockchain is a safer bet than letting it sit in an exchang right now

I believe that Huawei can never be wiped out by the US government as the market of this Chinese brand has already rooted in many countries across many continents. Though I am sympathizing with the USA on this trade war because I am sure that the Chinese hegemony is getting bigger and worldwide domination is what they are after for. Okay, enough of the politics. I understand that this trade war is helping to prop up interest on bitcoin, am I correct? In other words, the trade war just like any kind of crisis can make bitcoin more attractive as a safe haven (compared to the physical gold the original claimant for this title). The victims of this offing trade war can be USA companies that are doing business in China and vice versa but then again both countries are so open to negotiate so in no time at all I am certain this can be threshed out for good.
member
Activity: 272
Merit: 10
I can't totally understand this write up, will this lead to bleeding of the bitcoin? or will Chinese government shutdown exchanges based in China, but major exchanges I suppose are not in mainland. I thought the issue of Hauwai has been resolved and Microsoft has started offering services to them again. Anyway, China has no control over bitcoin.
hero member
Activity: 1680
Merit: 583
xUSD - The PRIVATE stable coin - Haven Protocol
and the fomo is starting in
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hero member
Activity: 784
Merit: 502
US empire looks like its going to wipe out Chinas flagship tech company Huawei. The Chinese crypto technology and exchanges are going to be in the firing line at some point. I'm guessing get thatcrypto out and onto the blockchain is a safer bet than letting it sit in an exchang right now
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