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Topic: What does chance for bitcoin in Economic war the 3 poles USA vs CHINA vs EU ? - page 3. (Read 475 times)

newbie
Activity: 224
Merit: 0
unfortunately but it is completely a true fact that bitcoin still didn't got proper government apporoval, I know bitcoin is doing very good even without this but for compating on that level it needs approval and acceptance from the rest of the world
sr. member
Activity: 798
Merit: 250
GoMeat - Digitalizing Meat Stores - ICO
bitcoin can be alternative for investment place for big investor.if trade war between USA China and EU make uncertain condition in market.investor doesnt like this condition and they will find new investment platform that give them earning
newbie
Activity: 112
Merit: 0
Bitcoin will be always out from these effects I guess. Bitcoin is just a form of fast and decentralized worldwide transaction. So, there is no chance of happening these stuffs because of bitcoin i think.
newbie
Activity: 252
Merit: 0
Well i believe the market will change in later part of this year. We are having great news about Turkey market or Korean market. So there is no doubt that we will have great time in future. All we need is patience to survive to that time
legendary
Activity: 3542
Merit: 1352
Cashback 15%
With the rapid devaluation of the Turkish Lira day by day, I'd say the main role bitcoin has is for people to stock their assets into bitcoin and hope for the best. They simply can't store their Lira anymore given that the US continues to pressure them on trade tariffs and it seems that the action plan of Erdogan isn't panning out yet (though fairly recently, Qatari emir vowed to invest $15-B after their talks with the Turkish president). On a side note, many Turkish are vehemently avoiding the use of the US dollar at all costs, and seem to be doing quite well despite the Lira's devaluation. Bitcoin can be an option in saving those assets if the citizens want to, but at this point, I don't seem to find the necessity to convert all of your assets into crypto if you're a Turkish resident given that some countries are willing to help you out in this economic shitstorm.
newbie
Activity: 238
Merit: 0
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


the role bitcoin plays here is rather speculative as Turkish people are putting their money to bitcoin as a way of preventing their savings to fall with their local currency due to the restrictions.
hero member
Activity: 3150
Merit: 937
Bitcoin market is highly manipulated by the whales. There will be little to no effect in bitcoin’s performance by any country’s government. But if US imposes some regulations then it might be more reliable and will be adopted by the general mass. Some experts believe that US dollars might fall soon because of an increasing amount of US debt and are advising to move to bitcoin.

The US debt rising has no negative effect over the US economy,because like Paul Krugman said."USA can print all the money to pay it's debts."The US trading wars have little to no negative effect over the US economy,because the foundation of the US economy is the domestic demand for products,not export.
Trading wars are bad for bitcoin.I don't price a stable price increase despite all the new import tariffs and sanctions. 
newbie
Activity: 74
Merit: 0
Bitcoin market is highly manipulated by the whales. There will be little to no effect in bitcoin’s performance by any country’s government. But if US imposes some regulations then it might be more reliable and will be adopted by the general mass. Some experts believe that US dollars might fall soon because of an increasing amount of US debt and are advising to move to bitcoin.
member
Activity: 322
Merit: 11
bitcoin does not need permission from heads of state or government. This is a payment system that can exist in the ecosystem of a crypto community.

Now crypto community is very small, and all bitcoins are concentrated in the hands of whales
newbie
Activity: 13
Merit: 0
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
Thanks for advise.but I started to know bitcoin in 2014 but i only real begin trade and buy ico in  2018 Sir.I also hope the next time the market warm up.and developing more
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
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
legendary
Activity: 2688
Merit: 3983
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.
Sorry to hear that but your plan to join the market was a failure, everyone knows that the market will go through a correction period after the rallies.
It will be a good lesson for the future.

Most recent Turkish burned $ US after the imposition of 20% import duty on Aluminum and 50% on Steel imports from TNK.
Although political events have a little effect on bitcoin, we live in this world.
Economic shocks will highlight more alliances among countries, a return to gold and a reduction in dependence on the dollar.

Some countries may resort to using cryptocurrencies "create a new one", but it is difficult to inject a lot of investment into Bitcoin " high-risk investment".

while economic tensions are escalating between USA vs CHINA vs EU what does chance for bitcoin? and what do chance for the new member like me?
I expect that there will be a period of long slumber where the price is resting from the crazy highs but in general do not expect to occur spectacular rises soon.

Take this time to learn more about Bitcoin, put your investment plan and then join the market.
newbie
Activity: 13
Merit: 0
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
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