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Topic: Will Bitcoin value crash if North Korea goes to war with Japan - page 3. (Read 4299 times)

member
Activity: 222
Merit: 10
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.
member
Activity: 222
Merit: 10
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.

Bitcoin will crash when Alliens attacks us and turn off internet.

Why would BTC care of any war on Earth? It will only gain traction since will be a way to trade with people on other side of a front line.
You can't say that for certain that value would remain the same, go up or come down. It depends on who all participate in the war and what each of them lose. If USA joins and gets a big impact it will have negative impact on Bitcoin.
hero member
Activity: 1064
Merit: 529
Impossible to predict.
Yeah, it is also impossible to predict if North Korea will go to war with Japan. But if we consider BTC as any other economy then war will have adverse affect on it, and as Japan being one of the leading BTC user, if their economy is trashed then BTC's price can suffer a dump.
full member
Activity: 770
Merit: 101
fLibero.financial
In the event of war bitcoin should be able to use radio waves to transact. And with your private key  nothing should happen to your coin.
legendary
Activity: 1414
Merit: 1000
I think if the shtf people won't care about cryptocurrency, they will care about things that help them on a survival day to day basis. I may be wrong, but I doubt it.
sr. member
Activity: 924
Merit: 260
I think bitcoin price will clash if north Korean and Japan go to war. I don't actually seeing that there is going to be war between the two countries because if that happen we should expect that there is going  to be Third World  war and the Third World War fight is going to make between fell because most of the world power countries will be involved.  Bitcoin will do well when the world is at peace.
legendary
Activity: 1162
Merit: 1000
If a war broke out between Japan and North Korea. I don't think North Korea would stay in war for longer. Japan is strong enough to protect itself and also in such circumstances America would be supporting Japan. There is no chance North Korea could survive the war. Thus, there wouldn't be any major effect on bitcoin. There would be a drop but wouldn't be drastic. moreover, such things have never happened before. So, giving the exact idea is near to impossible.
when there is war then anything can happen. I think everyone will be frightened and panicked. in the end they will sell some of their property and try to buy something more valuable and can also be safely stored at home. bitcoin may be strongly affected, for example in the past when dollar prices declined and some of the world's currencies were destroyed during World War 1 and 2. so I think when there is a third world war will surely greatly affect the state of the economy in the world.
sr. member
Activity: 630
Merit: 263
it will I guess since its also a currency and if war will happen panic selling will impact also to bitcoin investment as we knew by the fact
that we cant do anything to avoid if ever this north Korean minister will really hits japan or US hope he would not pursue to it.
Why do you think that in case of war, all rush to sell their bitcoins. During the war, there can be problems with the Internet but that does not mean that Fiat money will have value. During the war, money is useless. A piece of bread can have more price than a piece of gold.
hero member
Activity: 896
Merit: 521
If a war broke out between Japan and North Korea. I don't think North Korea would stay in war for longer. Japan is strong enough to protect itself and also in such circumstances America would be supporting Japan. There is no chance North Korea could survive the war. Thus, there wouldn't be any major effect on bitcoin. There would be a drop but wouldn't be drastic. moreover, such things have never happened before. So, giving the exact idea is near to impossible.
sr. member
Activity: 2506
Merit: 368
Well this is beyond of your imagination OP, i too having such a hard time to understand because if these catastrophic event you are saying will going to happen. Hell, no! War is not the answer to all the aggression, we must be unite to build a peaceful environment. But for your sake i will answer your question, of course the price will going to go down everything is affected when there's a war.
sr. member
Activity: 419
Merit: 250
I think only gold will survive if WW3 escalate. Why not Bitcoin ? Because after nukes and EMP blasts we probably won't even have electricity, not to mention Internet.
sr. member
Activity: 1512
Merit: 316
Everything will get effected if war happens anywhere in the world . Be it stock market, finance world or be it cypto world. All coins value will fall due to uncertainly that will exists at the time of war. It effects the whole economy of the country and it goes back by few years. It affect the people who stays in those are and are unnecessary get killed without their fault. I hope there is a peace and humanity exists everywhere.

sr. member
Activity: 406
Merit: 256
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.

It's hard to predict, but some of asia stock price decrease because of that. If war really happened between North Korea and Japan, i'm sure it will affect the price of bitcoin. The problem is we don't know is the price will be increase or decrease, not only bitcoin but other currencies will affected by that.
The fact that the price will not increase that's for sure. War can have a positive impact on any currency. Capital can move to where the backwater. Japan's economy will weaken. But bitcoin may not suffer as a result of war within the region. I think everything will remain as it is.
legendary
Activity: 2730
Merit: 1288
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.

Bitcoin will crash when Alliens attacks us and turn off internet.

Why would BTC care of any war on Earth? It will only gain traction since will be a way to trade with people on other side of a front line.
sr. member
Activity: 532
Merit: 250
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.

It's hard to predict, but some of asia stock price decrease because of that. If war really happened between North Korea and Japan, i'm sure it will affect the price of bitcoin. The problem is we don't know is the price will be increase or decrease, not only bitcoin but other currencies will affected by that.
sr. member
Activity: 434
Merit: 252
Modern war will not last for long. If Kim decides to attack Japan in a few days, North Korea in ruins. This may affect the price of bitcoin, but not for long. To take a fall like we used to. Nothing can stop bitcoin.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
Bitcoin's supply and demand does not depend on whether a country is at war at another. Of course you could argue that people will start using bitcoin because it's a global currency, when the economy of the countries at war completely collapse, but i doubt it's going to impact the price that much anyways.

Vice versa, why would anyone want to dump their coins just because a country's at war with another one? They are much better off just holding it...

I think demand for bitcoin will soar in the affected regions, and will affect bitcoin's price worldwide.

For example, say you are a South Korean, and you are worried about the war. You buy some bitcoin as a hedge - that way, if there is a war and the Korean Won tanks along with the economy, you and your family are still good, you've got bitcoin which has held it's value (or increased), which you can then change into lots more Won to live.
hero member
Activity: 2660
Merit: 614
Leading Crypto Sports Betting & Casino Platform
I don't like war also i know on one like war. I have always hope for better time. But as i understand then i think North Korea also don't like to war with Japan. But it is matter of 2 countries between them about bitcoin prediction, in this time is not possible. Because now not war is coming and bitcoin is also going to up. 
full member
Activity: 462
Merit: 102
This is not a pretty topic to begin with but as I want my opinion to be heard.. If (in gods name) that happened bitcoin will soar high more than ever and increased furiously.. Why?? If all bitcoin users be dead at that day all there stocked bitcoin will be locked with them forever so the supply will lowered so the price will increase.. It makes me shakes while answering to this creepy question..
hero member
Activity: 1008
Merit: 531
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.

Firstly, this is purely talk right now. Nothing has been done so far, and i would say that there will be no bombs dropped on Japanese soil at least for now.

Secondly, this is probably irrelevant to the bitcoin world. Bitcoin's supply and demand does not depend on whether a country is at war at another. Of course you could argue that people will start using bitcoin because it's a global currency, when the economy of the countries at war completely collapse, but i doubt it's going to impact the price that much anyways.

Vice versa, why would anyone want to dump their coins just because a country's at war with another one? They are much better off just holding it...
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