Topic: What kind of global issues can move bitcoin price? - page 3. (Read 1270 times)
Based on my opinion, if a crisis will happen to a country of the major holders of bitcoin maybe we can see the price of bitcoin to drop very fast, if something happen to the economy of US, China, and UK maybe bitcoin will be dead, they are the major countries that supports the supply and demand of bitcoin.
Moving the price of Bitcoins could happen very easily. Since Bitcoin is just a newcomer to the Economy then it just really needs a rich person to put some money into it and watch the price rise or dump and watch it fall.
A global catastrophe like the stock markets crashing is an obvious sign of "Money" losing its value.
A global catastrophe like the stock markets crashing is an obvious sign of "Money" losing its value.
Last time we see brexit doesn't give affect for bitcoin.
So what kind of global issues that can make us excite for the price?
So what kind of global issues that can make us excite for the price?
A gamma-ray burst from ~ 30 light years from of our solar system: bitcoin = 0 (actually earth = 0 too)
A large solar storm: In 1859, a solar storm caused telegraph wires to short out in the U.S. and Europe. The way electricity grids are interconnected now, a large solar storm could wipe out the electrical infrastructure for years... I think Bitcoin value would decrease.
1997 XF11 If it hit China, would disrupt mining on a large scale. It could also destroy the earth and bitcoin.
I'm sorry, at present I can't think of anything that would make the value increase... I just watched the Trump/Clinton debate and my mind is numb.
Financial crisis in one country (not like the entire EU but in one single country, like Cyprus). A situation where fiat savings or the fiat system becomes weak and risks people losing their wealth. That would help people consider bitcoin more seriously.
Last time we see brexit doesn't give affect for bitcoin.
So what kind of global issues that can make us excite for the price?
So what kind of global issues that can make us excite for the price?
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