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Topic: Would a global disaster increase or decrease the Bitcoin value ? - page 14. (Read 8205 times)

newbie
Activity: 140
Merit: 0
I am pretty sure, the price would drop, just like Bitconnect did, when it was shut down. Not saying it would go to zero, but would fall drastically.
hero member
Activity: 756
Merit: 505
this is a hard question. if the governments change, if the regime changes, these and other social events become effective. war is a different event. It can be effective for bitcoin.
member
Activity: 294
Merit: 10
The first thing that came into my mind,  that it would distract people's attention from the Bitcoin and cryptocurrency topic, so due to that reason I think price would fall a bit.
hero member
Activity: 1610
Merit: 507
I don't think so but if that global disaster is attacked the internet connection then it will decrease the bitcoin value because people will be difficult to access bitcoin. I cannot imagine if this is happening and maybe it will make all connection on the internet will disturb and not just bitcoin network but it will attack the whole cryptocurrency and everything that using internet connection. the bitcoin will lose everything and we cannot make money from the cryptocurrency and many people will abandon bitcoin and the other coins.
member
Activity: 322
Merit: 11
🚀🚀 ATHERO.IO 🚀🚀
Hi ! First message here.

If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ?

I'm not talking about solar flares or EMP. But more like big wars or great natural disaster.

What are your opinions on the subject ?  Cheesy

In my own opinion, global disaster will not affect the prices of bitcoins unless there will be a war that is going to occur in the future, bitcoin prices is volatile so we should be always expecting a drastic changes in the market value.
I think ,I will agree with that , the value of bitcoin will not really be affected by  the disaster in a certain place., the bitcoin will only be affected through its transaction especially if the disastervis environmental like earthquakes , floods, storms because we might lost power and internet connection but the value of bitcoin remain in volatility in the coin market index.
full member
Activity: 448
Merit: 100
Lets Go Adab
Hi ! First message here.

If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ?

I'm not talking about solar flares or EMP. But more like big wars or great natural disaster.

What are your opinions on the subject ?  Cheesy

In my own opinion, global disaster will not affect the prices of bitcoins unless there will be a war that is going to occur in the future, bitcoin prices is volatile so we should be always expecting a drastic changes in the market value.
member
Activity: 176
Merit: 10
Hi ! First message here.

If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ?

I'm not talking about solar flares or EMP. But more like big wars or great natural disaster.

What are your opinions on the subject ?  Cheesy

It is hard to answer this question because it can do both in my opinion, if we are speaking about great natural disaster or like big war, I think that it depends on people reaction and thinking about Bitcoin. If people would decide that bit current would help them to recover the price will go up, and vice versa.
full member
Activity: 350
Merit: 100
Hi ! First message here.

If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ?

I'm not talking about solar flares or EMP. But more like big wars or great natural disaster.

What are your opinions on the subject ?  Cheesy
The first to be wise cause we have the market will continue. I believe in science, the best way my life God the right now is a start. Cause bitcoin are the market it as an opportunity to invest in cryptocurrency that you can get the market it to new cryptocurrency. I believe the market
full member
Activity: 350
Merit: 100
Hi ! First message here.

If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ?

I'm not talking about solar flares or EMP. But more like big wars or great natural disaster.

What are your opinions on the subject ?  Cheesy
I even its own site. I do a new way for that matter of money, the future is really a good thing that the market will continue in science, the right to invest, a new comment , the future. The first is that bitcoin and technology, a great mind that bitcoin and technology, right to be true but we should do that for our future
newbie
Activity: 266
Merit: 0
I think if the name of the disaster is going to be bad, here if its impact on the global economy is likely to be too bad for bitcoin. Hope it does not happen because it is definitely the worst.
full member
Activity: 588
Merit: 100
Hi ! First message here.

If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ?

I'm not talking about solar flares or EMP. But more like big wars or great natural disaster.

What are your opinions on the subject ?  Cheesy
We would have to consider where the disaster has greatest impact and what it destroys. If it can take away every last source of electricity and internet, them it'll greatly affect Bitcoin. If it also affects the greatest extent in countries where Bitcoin and crypto activities dominate them it'll look really bad
sr. member
Activity: 490
Merit: 258
I always think about wars as a "beez kneez". Basically, wars wouldn't happen without a party wanting to benefit from it... Now, if there happen to have a world war and the bitcoin price soars, then there must have been somebody who bought it cheap and is behind that war.

Going back to your question, yes, war can possibly pump bitcoins price.
sr. member
Activity: 1162
Merit: 251
I think a global crisis would negatively effect bitcoin and will eventually end it. Bitcoin is a technology and modernity. To let bitcoin be successful we need safety and a peaceful environment. Any kind if war will bring all the negative effects on bitcoin.
we can likens a global disaster like war, but I think the impact is not negative on bitcoin, since bitcoin is not the currency of a country that join to war, so bitcoin will not get inflation, many people will save their money to commodities to avoid risks such as theft, inflation, etc. , I'm sure many people will then choose bitcoin to save their money
sr. member
Activity: 784
Merit: 282
Hi ! First message here.

If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ?

I'm not talking about solar flares or EMP. But more like big wars or great natural disaster.

What are your opinions on the subject ?  Cheesy

You should definitely not wish it, especially if only to increase the value of bitcoin.

On topic though, I am confident that a global disaster, especially one of a financial nature, would surely push the value of bitcoin and other cryptocurrencies in a upward trend. When people are scared that their fiat will lose value they will store it in something they know will be much safer and crypto can provide that safety. Even if banks get robbed or buildings explode, bitcoin will still remain there, stable and un-hackable as ever.
newbie
Activity: 16
Merit: 0
If it is a world war I believe it will affect the price of bitcoin to decrease because people will not have time buying crypto on that day and at the same time.every damage caused by a war will.be one of the reason at the same time.
member
Activity: 188
Merit: 10
I do not agree with people saying, Bitcoin is a ponzi, and has no real value. But if a global disaster happened, the value of it would probably be much lower, than now, and only the real fanatic would stay. Others would try to buy more useful staffs I guess.
sr. member
Activity: 538
Merit: 250
I think a global crisis would negatively effect bitcoin and will eventually end it. Bitcoin is a technology and modernity. To let bitcoin be successful we need safety and a peaceful environment. Any kind if war will bring all the negative effects on bitcoin.
legendary
Activity: 3276
Merit: 1128
I don't think the first thing that you will think about is the price of BTC. But then again, let's see. I'm pretty sure in cases if wars people will start dumping their shares before and at the early moments the war is happening. This will cause the price to actually dip. Much like any other currency, it will happen the sane with cryptos.
It is better to hope for the best all the time and that I really wish that nothing like that ever happens but in case any such thing happens in the future, this will surely result in higher value of the bitcoin as the ones who will then be having the bitcoins in their wallet will be using them for their safe survival which will result in shortage of the bitcoins and because of which, the demand of the bitcoin will rise higher.
jr. member
Activity: 140
Merit: 1
Hard to imagine a type of disaster, which would cause a price pump in cryptocurrencies, people would invest in more "disaster friendly" things I guess.
jr. member
Activity: 107
Merit: 1
The World’s First Blockchain Core
i do believe that the price will decrease as there would be a lack of money and the market won`t have enough circulation on it by making the inssuficient buy orders.
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