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Topic: What does chance for bitcoin in Economic war the 3 poles USA vs CHINA vs EU ? (Read 503 times)

full member
Activity: 686
Merit: 104
Bitcoin can actually be a tax-free payment tool and it is quite vulnerable to developed countries such as America, China, or the European Union. yes, for example the United States imports goods from China using bitcoin, the goods will be sent without taxes and that will not be known by the Chinese government. if there is no immediate regulation, then bitcoin can actually be used as an illegal transaction.
legendary
Activity: 1190
Merit: 1001
I started to know bitcoin in 2014  but really entry the market in the early days of 2018.It is also the time when the market starts going down. I lost 85% of assets compared to the first day of entering the market. while economic tensions are escalating between USA vs CHINA vs EU what does chance for bitcoin ?and what do chance for the newmember like me? Most recent Turkish burned $ US after the imposition of 20% import duty on Aluminum and 50% on Steel imports from TNK. The population is thought to be raising a wave of "US dollar " and honoring the Lira
- US  imposition tax on aluminum steel to Canada 25%
- US  imposition tax $ 200 billion on Chinese imports
- The United States imposed the most "harshest" economic sanctions ever put on Russia on August 22
- Europe warns $ 300B in US goods will be levied if Trump  imposition their car tax.
Could someone give me advice future of bitcoin.Thanks


This War Is playing with India also. Tax on each luxury item is more than 50%.

In future if any system came that we can add tax system for government while selling and buying Then government may think about bitcoin after all they need tax money only.
Each country will have own crypto stock To save their own currency from economic war

Crypto is future. Bitcoin will always a king Wait for 3-5 year sure you get 5x return from your investment.
Prediction is our imagination only its may true or false
newbie
Activity: 23
Merit: 0
Bitcoin market is a growing up market and its popularity is increasing day by day. So, we have to wait for the right time. Don't be unhappy about your lose because you will be able to recover you lose very soon I hope.
newbie
Activity: 168
Merit: 0
Bitcoin is more profitable and secure. It is the most popular in the crypto market. It will be making the profit for you in the future. Here is more transparency. Its future is very good. Its price will be increased in the future and make more profit for the investors.
newbie
Activity: 238
Merit: 0
Should have joined the market earlier when the prices were in a good place. Better late than never. But yes, the situation is bad at the moment, that does not mean that it will stay like this forever though.
newbie
Activity: 83
Merit: 0
In 2010, Bitcoin's price was below 1000 dollar and it grew to 19,000 dollar or more in 2017. If you keep your investment and wait for extra value then you will be benefited.
full member
Activity: 588
Merit: 100
Well, in my opinion I think a time shall come that countries will start to think of creating their Cryptos so as to stay in the competition, or perhaps allow the use of Bitcoins and other cryptos for transactions. Ideally, political factors do affect crypto but to me I see a bright future for the use case of Cryptos.
newbie
Activity: 70
Merit: 0
Governments and armies are work on bitcoin and other crypto currencies for their benefits.

We don't know what will happen in the future right now but we wait and see.
newbie
Activity: 56
Merit: 0
It is sad that you faced the market during the tough times. But still, the market will recover and hopefully you will be able to see the better side of the market.
sr. member
Activity: 700
Merit: 275
I started to know bitcoin in 2014  ~~  I lost 85% of assets compared to the first day of entering the market.

I stopped reading after that, because you are full of BS, if you said that. The price of a bitcoin was below $1000 in 2014, and it went up to $19 000+ in 2017, so there are no way for you to lose money, if you kept those coins and sold some of them in 2017.

In any way, an economic war will only benefit Bitcoin, because people tend to shift their wealth into commodities with a store of value, in times of war and Bitcoin is such a commodity.  Wink

That is good observation and none of them taken by others. I guess its true, if OP really had that much wealth back in the days then he would been 5000% more in his wealth by the time everyone experienced the hike of bitcoin 19K last year. There is no way a person who invested back in or before Jan 2017 is in the loss. Because they are 100% in the profits due to the current highest prices. Even 6K USD today is the profit for them. I dont know about the political pressures and how those different imposition will be affecting bitcoin but they look to me internal matters and nothing else.
member
Activity: 322
Merit: 12
I am still optimistic that bitcoin will continue to grow further even though the world had experience economic crisis mostly in the big countries like US, EU and China conflicts with regards to tariff tax. Bitcoin may undergo the fluctuations but it is still currently surviving because many people are supporting btc all the way.
newbie
Activity: 196
Merit: 0
There will always be news about the negative aspects and why you should not invest on Bitcoin. But I guess Bitcoin is a potential cryptocurrency in the market and it is never unwise to invest on it. There will always be pump and dump in the market. But this should not affect your strategy of investment.
newbie
Activity: 224
Merit: 0
The condition of bitcoin is not very good it is not rising its price for a long time .There are some political issues with different countries. It will be ideal not to invest in bitcoin right now.
newbie
Activity: 27
Merit: 0
If we think about this market situation this is very tough time for market and most of the people are suffering for price but it has good values in market and soon this price will hit the maximum.
newbie
Activity: 27
Merit: 0
Actually you enter the critical situation when market is facing tough situations so you should wait for a while because after few days later this prices will increase.
newbie
Activity: 56
Merit: 0
There is not much influence in BTC in regarding of USD or other fiat money. I think You lost most of your investment for not investing in the right time. You should have taken time and made it more clear by getting knowledge about market values. Though, You can win still now, hold your investment and wait for the right moment.
newbie
Activity: 31
Merit: 0
Sad to know this based on this current situation this coins will recover very soon and I hope you can see the positive graph after few days later.
newbie
Activity: 261
Merit: 0
Currently it’s not going good time for bitcoin but hope it will be improve in future as well as. And then the BTC market will be again good.
newbie
Activity: 42
Merit: 0
The ugly truth is bitcoin is not acceptable whole the world. Most of the countries are against bitcoin. This market exists only in the crypto community. One day this market will concentrate in the whales.
newbie
Activity: 144
Merit: 0
"Bitcoin is now on bad time but it will be come back with something good result. So keep calm and be patient.
"
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