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Topic: Will Bitcoin value crash if North Korea goes to war with Japan - page 2. (Read 4348 times)

legendary
Activity: 2044
Merit: 1008
I think that the opposite will happen. If North Korea goes to war against South Korea and Japan, then the value of Japanese Yen and South Korean Won will crash. So the people in these nations will rush to protect their wealth, by purchasing assets such as gold and Bitcoin.
full member
Activity: 350
Merit: 100
Hey guys. With North Korea sending one of their bombs flying over the island of Japan it made me realize what happens to the value of Bitcoin if a war breaks out.

If North Korea attacks Japan will it send the value of Bitcoin crashing down or will the opposite happen? 

Let me just also clarify that I do not wish for a war and hope the value goes up in a peaceful environment.



To be honest man, i really don’t think this thing your saying would really happen. Both sides would have to think not just twice but a lot of times before getting themselves in a war. This ain’t like the WWll times. Every country now has weapons of mass destructions. And if they go to war, things will easily escalate to a world war which may definitely become the world’s demise.

But okay, just to humor your question., iassuming this really happens, the price would not go down that fast. Instead, it will increase and reach new heights. Because it is just expected for people to secure their money. Which can then lead to a lot of bitcoin users. The thing is, the ability to access internet may be lost in lots of countries Which may lead to less users wanting to be part of bitcoin. Let alone hold them. But the strongest hearts will prevail. If they’re still breathing tho. And panick sellers will despair..
member
Activity: 222
Merit: 10
We dont know what will happen in bitcoin if war between north korea and japan start. Do you think they have big effect ?. For me little because those people have bitcoin and work bitcoin in japan and north korea are affected because they dont use bitcoin because they want to save their life first . But I hope it will not start a war so everything will be fine and price of bitcoin will become stable.
True. Let's hope there is no war and that BTC value continues to go up. However US and NorKor are bickering like mad dogs everyday in the news. Don't know what to make of it.
hero member
Activity: 1274
Merit: 513
We dont know what will happen in bitcoin if war between north korea and japan start. Do you think they have big effect ?. For me little because those people have bitcoin and work bitcoin in japan and north korea are affected because they dont use bitcoin because they want to save their life first . But I hope it will not start a war so everything will be fine and price of bitcoin will become stable.
sr. member
Activity: 1400
Merit: 259
Will you still think about that when the world is at terror? I doubt you will. We will be thinking if our country will be the next target and live everyday just thinking about that.
But if ever it wont take long yes it will affect the bitcoin value since Japan is one who supported it in a large leap into making it their optional payment.
legendary
Activity: 1148
Merit: 1006
Black Panther
There might be a war urge, but the same won't create an war between the countries. Both are highly competitive in the technology industry, so if that happens surely a major impact will be felt over bitcoin and entire digital currency. Now America too announced it as an entry restricted zone for some reason.

But even if it's happen , it will affect on bitcoin value if Japanese really stop their bitcoin transaction for a moment
As far as I read, Japanese still have no intention for war instead US and North korea getting hot every time I read the news paper.
Unexpectedly, wall street also got affect because of this drama.
full member
Activity: 350
Merit: 100
There might be a war urge, but the same won't create an war between the countries. Both are highly competitive in the technology industry, so if that happens surely a major impact will be felt over bitcoin and entire digital currency. Now America too announced it as an entry restricted zone for some reason.

Bitcoin is decentralized brother stop talking about war and you are right some how because it will never ever create a war. But as you talked about US announcement it is pending for North Korea.
sr. member
Activity: 392
Merit: 250
If such a war occurs,then a slight decline may be seen in bitcoin price since japan has contributed more for the growth of bitcoin price by legalizing bitcoin.We earlier noticed that there was a huge increase in demand or bitcoins immediately after legalization.But such decline may get recovered very soon since there is a huge buy wall for bitcoins all over the world.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
There might be a war urge, but the same won't create an war between the countries. Both are highly competitive in the technology industry, so if that happens surely a major impact will be felt over bitcoin and entire digital currency. Now America too announced it as an entry restricted zone for some reason.
newbie
Activity: 14
Merit: 0
I think that any major war between two major countries would have an effect on prices, the extent would depend on the countries. I think the price would suffer but not to a major extent.
sr. member
Activity: 491
Merit: 250
Bitcoin prices are too strong to be influenced should war happened between North Korea and Japan, it might be a bit negative effect on value but only temporarily and it would be very good moment to hold more. Because from the moment we can get alot more.
It is right that bitcoin is so much strong currency. I don’t see any clash between North Korea and Japan but if we suppose the war started between these two, so I think bitcoin will not suffer from this war because it is not depended on Japan government although Japan recognized bitcoin a legal currency in Japan but it does not mean that Japan has got control on bitcoin. Bitcoin is still decentralized and independent cryptocurrency.
member
Activity: 222
Merit: 10
I think in the present situation it (war) will bring a positive influence on the BTC prices.
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
Hey guys. With North Korea sending one of their bombs flying over the island of Japan it made me realize what happens to the value of Bitcoin if a war breaks out.

If North Korea attacks Japan will it send the value of Bitcoin crashing down or will the opposite happen? 

Let me just also clarify that I do not wish for a war and hope the value goes up in a peaceful environment.

We really don't know what will happen to BTC's price if there will be any real war happening between N. Korea and Japan. But if I'm gonna put my opinion out there, the effect of it will be the opposite. Meaning the price of BTC will be flying high as people will tend to put their money to BTC to preserve its value. We all know that the value of money of a country in a war tend to crash down. The solution that they will see is to put it in BTC and thus, this will push the price higher. I'm in no position to say that my opinion is an accurate one but anything can happen especially when it concerns BTC  Grin.
sr. member
Activity: 714
Merit: 251
Bitcoin prices are too strong to be influenced should war happened between North Korea and Japan, it might be a bit negative effect on value but only temporarily and it would be very good moment to hold more. Because from the moment we can get alot more.
then the tension between these countries has increased, then this is unambiguous. And today we can not predict what will happen in the future, even looking at what is happening in China today and how the government starts to aggravate the work with the crypto currency. If China and Japan have problems with this business, So we will only hope that Bitcoin will be strengthened in other countries.
sr. member
Activity: 264
Merit: 250
I think it will crash but then people would sell it fast and those who don't will have the profit later when it goes up again so actually a war is profitable for bitcoin but still it is better to not have a

war then to have one especially with north-Korea.
but i am not expecting that bitcoin will crash, because people will surely give strong support to bitcoin and therefore bitcoin will not crash at any stage, we can see that people are now beome more mature and they do not care for such news, on other side bitcoin users are present in all over the and not only from japan, therefore they will surely give strong support to bitcoin .
sr. member
Activity: 616
Merit: 250
Bitcoin prices are too strong to be influenced should war happened between North Korea and Japan, it might be a bit negative effect on value but only temporarily and it would be very good moment to hold more. Because from the moment we can get alot more.
legendary
Activity: 1120
Merit: 1000
The price of bitcoin will fall definitely in that scenario and also the same will happen to the stock market, when you ask from an investor that what is the time of buying into investments they will definitely say that it's at the time of a crash, so this will be excellent opportunity for investors.
member
Activity: 86
Merit: 10
I think it will crash but then people would sell it fast and those who don't will have the profit later when it goes up again so actually a war is profitable for bitcoin but still it is better to not have a

war then to have one especially with north-Korea.
full member
Activity: 336
Merit: 121
NoKor doesn't have any significant impact on economics anywhere in the world, but Japan does. Fortunately, NoKor will never attack any other country first due to the fact that there's only China backing them up once this shit goes to reality. Also, this is just another Cold War—in my opinion—to show other countries who has the biggest dick of them all. On the other hand, Japan continues on supporting bitcoin all the way, and it's not as if Japan holds all of the trading volume of bitcoin. It might be some small change but not that drastic.

But again, who knows? It's very unlikely that a third war might broke. It's just some egotistic leaders wanting to show off their dicks.

I would like to say that we should not abuse here because if we are abusing here then we are rushing forum here so i would like to say that stay away from abuses here because it is not that much good as you expecting so i would like to say that we should positive things here not a negative here. Because negative thing can be more effect your account.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
So during the weekend NorKor tests another H-Bomb. Things are heating up this side. Japan and SoKor all feelin uneasy. USA is barking but nothing beyond it right now.

Bitcoin has weakened a bit over the weekend. That is a totally alternate reason I guess.

Sanjeev... wait until other traditional markets are open to really compare other financial assets.

You want to know the truth of what's been happening with Bitcoin prices during times of fear and NK news? Just scroll to chart below.

If war takes hold the waves of credit start to recede from traditional financial assets, but there is a CROSS-BORDER, UNFREEAZABLE asset of Bitcoin which is experiencing an INCREASING amount of net investment INTO bitcoin EVEN AT recent "HIGH" PRICES.

One of the drivers is that only some private investment funds, hedge funds, private partnerships, endowment funds are BEGINNING to dip tiny allocations into this new uncorrelated financial asset.

This year and next they will play catch up until Bitcoin (in some year long-time from now) normalizes to size of an invested financial asset with a market cap above $300B (current market cap at time of this writing is less than $80B).

Evidence of said recent phenomenon:

If the market were to collapse (modern-day markets pegging S&P 500 US Stocks index as a worldwide primer) - where will the flight to safety be?

Quantfunds (Quantitative investment funds that rely on mathematical models for investments) are infamous at crunching through vast arrays of data across all asset types to use combine investments of less-correlated assets together to acheive great investment returns while still being defensive during down markets.

What will hedge fund / quant-fund data show?

Since mid-June here were the performance of asset-classes when S&P 500 was down more than -0.2% in a day.



There were only 10 days since mid-June where daily drop of S&P exceeded -0.2%. The above compares how Bitcoin, Gold, Long Term US Treasury Bonds, US Commercial Real Estate (REIT), and Bullish US Dollar Index did on those same days.

The assets are represented by most established, regulated, liquid ETFs:
Gold  ticker: IAU - iShares Gold Trust
Long Term US Treasury Bonds ticker - TLH - iShares 10-20 Year Treasury Bond
US Commercial Real Estate ticker - VNQ - Vanguard Real-Estate-Investment-Trusts ETF
Bullish USD index ticker - UUP - PowerShares DB US Dollar Index Bullish

Where will the flight to safety be in terms of assets/investments?

There are already 3 large institutional investment vehicles for private investments, hedge funds, and quant-funds to get bitcoin exposure:
-XBT provider's bitcoin swedish nasdaq etf (priced in SEK currency) : bitcoinxb / bloomberg ticker: coinxbt [not real btc]
-Grayscale's bitcoin Over-the-counter markets fund : GBTC  [not real btc]
-Gemini's exchange's daily auctions of bitcoin buyers and sellers [real btc?]

This is outside of the many popular exchanges that exist for bitcoin and cryptocurrencies including p2p exchange localbitcoins. [real BTC]

Does it seem to be that private investors see an easy flight to safety into bitcoin for its investment portfolios?

These past 24 hours served as yet another example; global newslines ringing alarms of N.Korea missles flying past Japan as well as continued floods in Texas and Mumbai India - amidst all the trouble, alot of money had flowed into "safety" of Bitcoin to push it to new highs.

It seems this pattern has already been established - and funds will continue to flow into bitcoin when other financial assets falter?

Any comments? On Global assets and fiat?
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