World Economy and war situation and crypto - page 3.

Gheka

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Quote from: rijaljun on January 08, 2020, 09:39:57 AM

Quote from: Polo7 on January 05, 2020, 12:42:19 PM

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?

Do u Think that current situation have any impact on crypto?

I heard a rumour that world economy will face a hard time for once again in 2020 but it is just rumour, I haven't searched about this too but in case it happens, of course there is an impact to crypto. If the world economy become weak, people would look for a place to save their assets. So, they might think crypto is a good option for them. It will push the crypto price up, could be high or just stay low based on the situation itself.

With an economic war, the financial losses will always be at a certain level but it will not create many problems for a country's economy, even a field as small as crypto because right from the start of the war, all damage was under tight control, and only countries with strong economies can create wars, with such strong foundations, offsetting from the budget for damage is easy. Many people always try to find a connection between crypto and economic information after the war but we are only thinking too much, this thought is being fully utilized by others

Leonardo7

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Quote from: Polo7 on January 05, 2020, 12:42:19 PM

Do u Think that current situation have any impact on crypto?

In the invent of war threat, people in militarily weaker nations will start looking for a smart way to store their money because of an imminent weak currency of the weak nations, so doing this requires a proven investment that is not likely to be negatively impacted by the war and such investment can be: Bitcoin, Gold, Crude oil and some precious metal. But it's easier to invest in Cryptocurrency even as a neophyte. Although we don't pray for war, so there will be no war.

Eclipse26

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Quote from: bettercrypto on January 09, 2020, 10:11:39 AM

Quote from: Polo7 on January 05, 2020, 12:42:19 PM

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?

Do u Think that current situation have any impact on crypto?

One of the main reason why usa wants to have war is because of money. If there is a war then they can sell all their weapons and conqued the world. That's why they want to trigger every country to be their alliance or they will make it as enemy. The current situation between usa and Iran will make tension also to our country specially to our security. And it may affect everyones live

I don't think so. Because when there is war, they will spend millions of money for all the weapons and armies. So do you think that the reason of this is to gain money? No. They will just spend so much money with war. If US would be the main reason for war, I also don't think they will sell their weapons because they will need it.

The situation does affect bitcoin's price positively but there's no war between Iran and US. I bet the two president are smart enough not to start a war. Right now, I don't think the two country would make any move and attacks against each other that's why the price dropped and went back to $7k.

shoreno

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Quote from: Wexlike on January 09, 2020, 11:02:52 AM

Quote from: bettercrypto on January 09, 2020, 10:11:39 AM

Quote from: Polo7 on January 05, 2020, 12:42:19 PM

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?

Do u Think that current situation have any impact on crypto?

One of the main reason why usa wants to have war is because of money. If there is a war then they can sell all their weapons and conqued the world. That's why they want to trigger every country to be their alliance or they will make it as enemy. The current situation between usa and Iran will make tension also to our country specially to our security. And it may affect everyones live

I don't think it is because of money. I think the reason is more to the political situation in the US and the coming elections at the end of the year. Thus Trump has to present himself as the big, powerful guy. This correlates well with the timing of the trade war with China and the resolved situation. Both parties, US and the Iran, had the opportunity to show some strength in the world politics. But no one is really interested in a full blown up conflict.

And Trump definitely doesn't want pictures of dead soldiers when there is an election coming up.

now i know . thanks for that info . yes its not all about money but it also because of the teritory , power , and others . they say when there is war the price of the food were become affected and itll be cheaper . im starting to think that other assets , like stocks and cryptos are also going to get affected and they also became cheaper . but we cant be happy with that right ? because wars still means that someone are gonna get killed and it also threteans our life as a regular individual .

BuxCoin

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Quote from: Polo7 on January 05, 2020, 12:42:19 PM

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?

Do u Think that current situation have any impact on crypto?

mr.trump as made me serious damage to my investments in stocks , after 2moths of waiting stocks were raising and just a tweet or news conference stocks fall in one day , 2019 was not that much profitable for me , in crypto also profits are not growing , well i thought after 1st phase of trade deal and there will be bullishness in markets and trump as surprised with iran conflict and , is there any growth in markets its unpredictable and risky

RealMalatesta

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Maybe we have managed to avoid this conflict but the war industry is still right there waiting for a war to happen to make more profits, that means a possibility of war will always be around the world. Look at USA for example, they are spending 750 billion dollars this year for financing military, do you think that goes to soldiers and relevant stuff? That goes to military industry that builds the weapons and missiles and airplanes, not the people who actually operate those things.

Look at all the military veterans, after the war is over and they came back most of them have to keep working in horrible conditions at bad jobs so they won't have to go back when there is another war and most of them live in PTSD. That is clearly means all those money goes to war companies and they want war, maybe not with Iran, maybe not now but that dooming fear will always be there.

Wexlike

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Quote from: bettercrypto on January 09, 2020, 10:11:39 AM

Quote from: Polo7 on January 05, 2020, 12:42:19 PM

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?

Do u Think that current situation have any impact on crypto?

One of the main reason why usa wants to have war is because of money. If there is a war then they can sell all their weapons and conqued the world. That's why they want to trigger every country to be their alliance or they will make it as enemy. The current situation between usa and Iran will make tension also to our country specially to our security. And it may affect everyones live

I don't think it is because of money. I think the reason is more to the political situation in the US and the coming elections at the end of the year. Thus Trump has to present himself as the big, powerful guy. This correlates well with the timing of the trade war with China and the resolved situation. Both parties, US and the Iran, had the opportunity to show some strength in the world politics. But no one is really interested in a full blown up conflict.

And Trump definitely doesn't want pictures of dead soldiers when there is an election coming up.

Oneandpure

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Quote from: bettercrypto on January 09, 2020, 10:11:39 AM

Quote from: Polo7 on January 05, 2020, 12:42:19 PM

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?

Do u Think that current situation have any impact on crypto?

One of the main reason why usa wants to have war is because of money. If there is a war then they can sell all their weapons and conqued the world. That's why they want to trigger every country to be their alliance or they will make it as enemy. The current situation between usa and Iran will make tension also to our country specially to our security. And it may affect everyones live

Money become most way why many countries want to war, cases in Syiria and Libya become first thing whit bigger country want to war and help many terrorism to get access with higher with their country war technology, but many countries war because want to show to world they are bigger country and most country have higher technology weapon.

bettercrypto

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Quote from: Polo7 on January 05, 2020, 12:42:19 PM

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?

Do u Think that current situation have any impact on crypto?

One of the main reason why usa wants to have war is because of money. If there is a war then they can sell all their weapons and conqued the world. That's why they want to trigger every country to be their alliance or they will make it as enemy. The current situation between usa and Iran will make tension also to our country specially to our security. And it may affect everyones live

el kaka22

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I honestly imagined Iran would do nothing about it but seeing how Iran is now attacking the military base of USA and even tho USA said there was zero casualties and Iran claiming there was 80 (doesn't matter which one we believe in) that is literally blowing the war horn for both nations. Now, the only thing left for USA to do is either propose a war on Iran at the congress level and bringing it up to senate which we all know will accept and help Trump get reelected, or they will do nothing.

When it comes to war we all know USA will side with having a war instead of having peace so things are not looking out that great. Lets hope we can evade another war in middle east created by USA for political gain purposes like Bush did with Iraq but unfortunately it doesn't look too good.

BChydro

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Quote from: k@suy on January 08, 2020, 10:13:37 AM

~snip
Nobody cant predict if the war will occur because its just only a speculation. The iraq's flag was raised yesterday as a sign of war but US has no response and I think the war is not gonna happen and US will reconcile with iraq. Actually even the war is true, still it has no impact to our economy because we are exempted from the war and besides they are not the only countries who uses cryptocurrencies.

I doubt whether you know the situation, the tension is between Iran and US and the recent attack happened in Iraq against the Iranian general and the counter attack was against US military base in Iraq but the flag was hosted in Iran because the fight is against Iran and US and there will be a global economical crisis if there is a war but if you look at the current status it is highly unlikely we will go for a war considering the risk involved and burning of another billion of dollars.

The Sceptical Chymist

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Quote from: barabarian1 on January 06, 2020, 02:04:23 AM

iran will move his assets into cryptocurrrency.

Why in the world would that happen? I don't think this situation is causing Iran's currency any trouble, so there's no need for Iranians to shift their assets to cryptocurrency.

This is kind of a hot topic lately, and I'm really not sure what effect this tension is having on bitcoin, if any. The timing of bitcoin's jump and subsequent drop seems to correlate with Trump's statements, but that could be sheer coincidence. If anything I would expect the price of gold and silver to react more strongly, but that hasn't really been the case. They're both up a little bit, but nowhere near as much as might happen if we really were headed toward a huge conflict.

And believe me, I'm hoping this situation gets resolved without any more bloodshed. I don't know what the hell Trump is thinking, but this is getting to be close to what I'd feared would happen if he was given the power to call airstrikes and had the nuclear codes. I guess impending impeachment can wreak havoc on your head.

nasipadang

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Quote from: Polo7 on January 05, 2020, 12:42:19 PM

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?

Do u Think that current situation have any impact on crypto?

It is clear, that if a war breaks out there will be an economic impact and the value of assets and stocks. this is certainly very impacting on cryptocurrency that the asset value will increase when there is a world war issue especially if it happens. even though I saw the value of bitcoin go up but because of the scary news it actually made me not happy.

blckhawk

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First off, war doesn't do any good to economy. The argument of some people that cryptocurrency would be the safe haven of people's money could be true, but the recent US and Iran attacks on each other doesn't correlate to the recent pump. Iranian doesn't have such demand on Bitcoin. Also, even when the news about the missiles break out, the price starts to dump, which signifies their irrelevance.

yulionoo

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yes i think this american iran conflict also slightly affects the price of cryptocurrency. because when a conflict occurs, people will move their assets to safer investments, namely gold. and some people think bitcoin is digital gold and can also be used as a store of value. so in addition to gold investors will also use bitcoin to save and save their assets. that's why yesterday's bitcoin prices experienced a slight increase.

veleten

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uh oh , I really hoped it would not escalate further
but it seems like we are on a brink of a local conflict in the Middle East
Iran already bombed one of the US military bases , successfully or not is not the point , think they failed to do any damage
but this would force Trump to respond and it all could get real ugly real quick Sad

in times like this the last thing I'm thinking about is the influence on the markets , but , unfortunately , it does seem to have an impact
oil price , gold and even bitcoin price have gone up , one can argue that bitcoin price has no connection to the events in Iran and around it , but we can't know for sure
the capital flight is real and even their minister said they estimate 3 billion $ sent out of the country through crypto currency

Cacingkemi

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Quote from: ohyeahhaha122 on January 08, 2020, 09:25:47 AM

The current situation has a huge impact on cryptocurrencies, as you can see after the soaring tensions between the two countries of war, the price of bitcoin will increase, now I will observe if the war situation getting worse and worse, I'll buy more and more bitcoins, but if it leads to World War I, I'll sell all the cryptocurrencies I have when I can.

I don't think it has anything to do with cryptocurrency regarding the US war with Iran, because these two countries are not the biggest countries that use cryptocurrency so it won't affect it. but the possibility of As can affect the world economy and not affect digital currencies

ice18

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If this war between Iran and US is serious enough and not just a propaganda for the sake of its own leadership then this might impact on crypto lets say for example when Iran bombarded by US and many government institution was paralyzed people who knows digital currency will convert it assets into crypto as its one of the safest way to store its wealth without the help of banks this can bring price of crypto to increase along with the increase in demand.

yoseph

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Quote from: k@suy on January 08, 2020, 10:13:37 AM

Quote from: rijaljun on January 08, 2020, 09:39:57 AM

Quote from: Polo7 on January 05, 2020, 12:42:19 PM

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?

Do u Think that current situation have any impact on crypto?

I heard a rumour that world economy will face a hard time for once again in 2020 but it is just rumour, I haven't searched about this too but in case it happens, of course there is an impact to crypto. If the world economy become weak, people would look for a place to save their assets. So, they might think crypto is a good option for them. It will push the crypto price up, could be high or just stay low based on the situation itself.

Nobody cant predict if the war will occur because its just only a speculation. The iraq's flag was raised yesterday as a sign of war but US has no response and I think the war is not gonna happen and US will reconcile with iraq. Actually even the war is true, still it has no impact to our economy because we are exempted from the war and besides they are not the only countries who uses cryptocurrencies.

No one can predict WARS but we could all have predicted that because of Soleimani assassination they wold be some sort of response from the Iranians and knowing that WAR and terrorism sometimes tend to drive the value of Gold further we should have made some funds available to invest in gold and it seems that the same thing has happened to cryptocurrencies cos I can see bitcoin also soaring once again.

k@suy

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Quote from: rijaljun on January 08, 2020, 09:39:57 AM

Quote from: Polo7 on January 05, 2020, 12:42:19 PM

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?

Do u Think that current situation have any impact on crypto?

I heard a rumour that world economy will face a hard time for once again in 2020 but it is just rumour, I haven't searched about this too but in case it happens, of course there is an impact to crypto. If the world economy become weak, people would look for a place to save their assets. So, they might think crypto is a good option for them. It will push the crypto price up, could be high or just stay low based on the situation itself.

Nobody cant predict if the war will occur because its just only a speculation. The iraq's flag was raised yesterday as a sign of war but US has no response and I think the war is not gonna happen and US will reconcile with iraq. Actually even the war is true, still it has no impact to our economy because we are exempted from the war and besides they are not the only countries who uses cryptocurrencies.

Topic: World Economy and war situation and crypto - page 3. (Read 1145 times)