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Topic: When the World Cup ends, will ETH and BTC rise? - page 19. (Read 3031 times)

newbie
Activity: 84
Merit: 0
I do not think that the World Cup and the cryptocurrencies are somehow connected. I will be very surprised if after the World Cup , the price of bitcoin  goes up and you will proved to be right. The bears have dominated the market and we need to hold on sometime before the price would skyrocket again
newbie
Activity: 133
Merit: 0
World cup had nothing to do with the correction that continues to hit cryptocurrency, even without this event, the bear period still coming because of different factors affecting it and whales manipulating the prices of cryptocurrency to be able to buy cheap
member
Activity: 336
Merit: 10
I do not understand what relation cryptocurrencies have to the world Cup? Perhaps some coins that are associated with the rates and will cost more, but the cryptocurrency market the world Cup will not affect. By the end of the world Cup, the cryptocurrency market should start to grow.
member
Activity: 476
Merit: 13
I think that any world events affect the market and especially where there is a connection with bookmakers. Of course it may not be on this scale but they also launder money through cryptocurrency.But still, the main decline is due to the market correction and how the market will behave when the world Cup ends is not yet known,but I think the growth will come sooner!!
full member
Activity: 420
Merit: 100
I doubt that the world Cup and cryptocurrency are somehow connected with each other! You do not see a connection! Now the rate is steadily low, and here a couple of days ago still falling down.. I even glad such a fall! Because this is a chance to invest at a low price. Secondly, when a stable market rate is a dead market! Because there are no fluctuations in the course. there is no opportunity to trade!  When I saw a sharp decline I realized that the market began to fluctuate!  So soon will be again crazy growth!
jr. member
Activity: 798
Merit: 2
*** https://www.buying.com ***
It is interesting idea, there is a grain of truth I did not think this way. The betting industry are huge so it is possible that during the world cup some transactions will be made using crypto technologies and it might affect on market positively. 
member
Activity: 364
Merit: 10
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I once told my friend that during world cup that the market will dip because a lot of people in crypto will sell off to sponsor their trip to world cup then after world cup, they will come back again and starts investing, so I believe after world cup, market will start to go high.
member
Activity: 322
Merit: 11
I do not think that football will be able to influence the cryptocurrency market.
newbie
Activity: 238
Merit: 0
I don't think the FIFA WORLD CUP is having any short time effect on the price of the cryptocurrencies... But will hope it rises soon though.
legendary
Activity: 3094
Merit: 1127
I think so. During the World Cup, some bookmakers made huge profits. Of course, they will make money seem legal by laundering money. Virtual currency is a good choice. Of course, this practice violates certain laws, but it will not stop their desire for benefits. A large number of BTC and ETH transactions will follow, and prices seem to rise accordingly.
This is my personal thought. This may be naive and perhaps sensitive. Welcome to discuss.
Then those bookmakers who made much will just start cashing out their profits.

And if ever that happens the start of another dip will come, you know how things are coming when there are people that are taking their profits, whether it's from exchange or casino's.

Money will come out to the crypto market and it's also possible that the rise won't occur after World Cup.
Possible thing but can you consider on how much money would be taken out by those bookie owners? It wont really be that much for us to presume or consider that it would able to affect the overall market.Ive seen similar threads talking about this World cup thing connected or trying to correlate with the current situation of the cryptocurrency market which it turns out not to be really relevant on any angle.

World cup has nothing to do with the crypto prices even theres a usage on some points when it comes to bets but it wont really be too much.
member
Activity: 322
Merit: 10
I am not sure why do you think World Cup is related to the recent fall of Crypto.  
We'll if you are pertaining to the use of Crypto in Betting, Booking Flights and Hotels this cant be the reason if suuden fall of Crypto market.
member
Activity: 308
Merit: 49
I think so. During the World Cup, some bookmakers made huge profits. Of course, they will make money seem legal by laundering money. Virtual currency is a good choice. Of course, this practice violates certain laws, but it will not stop their desire for benefits. A large number of BTC and ETH transactions will follow, and prices seem to rise accordingly.
This is my personal thought. This may be naive and perhaps sensitive. Welcome to discuss.
actually, there is no connection between world cup and cryptocurrency, but yes hopefully your prediction is correct at the end of July after the football tournament ends up to be the revival of all cryptocurrency, the whale reinvest
member
Activity: 280
Merit: 10
There is a serious relationship between the world cup and cryptocurrency because during the world cup period bookmakers announced that they are going to accept bitcoin and altcoins. You know that when demand of altcoins increase the price will also increase, that is the law of economics. So when the world cup ends price will drop.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
How could we know if there is such a relationship with the bitcoin and ethereum prices with the World Cup.
I dont think they are using it for money laundering or other stuff like buying tickets with the use of it. If there is one then it will just be a little percentage which wont shake the crypto world.

Gambling though is really big using the crypto currencies but not with physical items. We wont see that for the next years. We will have to wait for bitcoin to be appreciated worldwide.
newbie
Activity: 125
Merit: 0
of course, the world championship and cryptography do not depend on each other!!! the market will start to recover soon (at least I hope so). I believe that many have used cryptocurrencies when betting on the winner-this is the maximum that can be possible)
newbie
Activity: 153
Merit: 0
I believe that the links between the world championship and cryptography are insignificant, but the earnings on altcoins bets are quite real
member
Activity: 155
Merit: 10
I do not think there is any relationship between cryptocurrency and the world cup.  I also think that bookmakers don't make enough profit to cardinally change the situation. At least after the biggest dip of all time we can say that this could be the positive news about the cryptocurrency. I believe the price of bitcoin and ethereum will rise as soon as the bear period is over.
full member
Activity: 714
Merit: 108
I think bookmakers make so much money. They have no time to climb into the sphere of crypto-currency and learn to make money there. For them, it's too heavy for sure)
full member
Activity: 236
Merit: 100
 I don't know maybe I'm dumb, but I don't see the Direct depending between those two things... The only thing that I can put on my mind, is that people would be not so distracted from the cryptocurrencies when the World Cup will end...
hero member
Activity: 3080
Merit: 603
How it can be the start of the rise which is suppose to be the start of World Cup? You knew it that there will be a massive demand for sports book to get more bettors because of it. There's no connection of World Cup and bitcoin rise or eth, it's an independent market where it's fully depending to the demand and supply which you can see on their charts. If ever bitcoin starts to rise after the World Cup, there's no relation to it.
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