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Topic: Would a global disaster increase or decrease the Bitcoin value ? - page 20. (Read 8205 times)

newbie
Activity: 103
Merit: 0
Anything that might effect people's emotion might indirectly effect the value of bitcoins. That's how exchanges work. So it can very well have an effect on the price.
Mining is unfortunately contributing to global warming so you might say as the two are directly linked if a disaster caused by global warming might happen that might very well negatively affect the price of the currency.
legendary
Activity: 1120
Merit: 1000
If the natural disaster hit the crypto related equipment,i think it will affect the price slightly.Like if earthquake hit some crypto mining equipment and destroy it all or hit the server of some crypto market to render it's function.If war happen,i think crypto will be used to buy some weapon and it will affect the price for sure.
Natural disasters always effect every aspect of our life, therefore we can expect that it will also effect the crypto market also. In fact in such situation people may not give full attention to crypto market to trade coins, therefore the demand will decrease and therefore it will certainly effect the whole market, so i can say that natural disaster must have some bad effect on crypto market.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
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
what kind of damage will affect the world?if this is world war and may last for long well i think the answer will be revealed after the war..though for me the price will go higher since this is virtual,and the monetary may be misplace or been burn out since war is really devastating.so nothing has an option but to use crypto as money for a while until the world recovers from this
Everything is possible to happen but to think of on monetary to be diminished I don't even believe that this thing would be easily happen.When it comes to natural disaster like having an EMP or solar flare or whatsoever similar calamities or events it can really affect the price.Why? When these things do hit us up then for sure internet would be gone not only bitcoin would be affected but all the things who do rely on internet connection.
sr. member
Activity: 910
Merit: 255
i think it would deccrease it. because bitcoin is still far away to be used as a currency or as a payment method. people would not trust cryptocurrencies in case of any such situation. oppositely they would like to cash out and keep your money in their hands.
sr. member
Activity: 546
Merit: 261
If the natural disaster hit the crypto related equipment,i think it will affect the price slightly.Like if earthquake hit some crypto mining equipment and destroy it all or hit the server of some crypto market to render it's function.If war happen,i think crypto will be used to buy some weapon and it will affect the price for sure.
newbie
Activity: 182
Merit: 0
It all depends on who's affected and what the extent of the damage would be to said countries.

A big war right now would throw a large portion of the world into shambles for a while, and the longer it goes on the significantly more damaging it will be. As long as the internet is operating, Bitcoin will be able to proliferate, but there are so many individual variables that can affect whether or not Bitcoin would be good that it's next to impossible to determine either way.

in my opinion bitcoin prices are not affected by that sort of thing so I think you should never think that way. believe in bitcoin
full member
Activity: 462
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
well for me,this is the graceful exit for the investors who might have a chance  to full out all their funds here and keep the money while these disaster or war happenings.and will coz for the breakfall of cryptocurrency world.but i pray that this will never happen because millions of people will loss their future if all this things come reality.
member
Activity: 406
Merit: 11
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
what kind of damage will affect the world?if this is world war and may last for long well i think the answer will be revealed after the war..though for me the price will go higher since this is virtual,and the monetary may be misplace or been burn out since war is really devastating.so nothing has an option but to use crypto as money for a while until the world recovers from this
we must understand that the existence of the crypto currency depends only on the well-being of the whole world. If there are any cataclysms or wars, then you can put an end to the crypto currency.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
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
what kind of damage will affect the world?if this is world war and may last for long well i think the answer will be revealed after the war..though for me the price will go higher since this is virtual,and the monetary may be misplace or been burn out since war is really devastating.so nothing has an option but to use crypto as money for a while until the world recovers from this
hero member
Activity: 994
Merit: 507
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
Maybe due to economic collapse which could possibly bring devastation to fiats, they might convert their money to BTC to protect their wealth which, in return, would drive its price up. Though, on the other hand, it can be that they might withdraw their investment to fuel their survival prowess or exchange it to some solid investment like gold maybe? Not so sure about that. One thing is for sure, the population would greatly be decreased if a great natural disaster or big wars happen.
newbie
Activity: 140
Merit: 0
During the war, bread changed to gold at a completely different rate, which in peacetime. So bitcoin will be cheap with respect to vital things.
jr. member
Activity: 280
Merit: 2
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 would surely decrease the value of bitcoin and the rest of coins. All are going to be affected financially. The lesser the money the lesser will be the investors. Let us pray this will not happen.
sr. member
Activity: 700
Merit: 252
Global disaster would decrease the value of bitcoin for logical reasons. People would be affected financially and there would be less money to invest in cryptocurrecncies. Less money immediately means less demand.....and we all know btc is dependent on demand and supply.
jr. member
Activity: 65
Merit: 1
If a single Internet network is destroyed, bitkoyn will not disappear from the wallets, but they will not be able to make transactions. Because of this, its price will become low until it restores the network.
newbie
Activity: 70
Merit: 0
Personally, i don't think it will affect the value directly. Rather it will affect the people trying to gain bitcoin. A global disaster like tsunami, earthquakes or strong typhoons that can disrupt the internet connection will affect the bitcoin circulation only if the repairs would take considerable time to finish. Otherwise, I don't think it will increase/decrease.
full member
Activity: 364
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
as far as I know,media has a great effect on the price of bitcoin. If there is something negative or there are news that is not good, it is likely to decrease in price. In our real world, If some disaster like typhoons or something like world war, the resources are likely to be destroyed so the supply will be at shortage,it will affect the price. In bitcoin,after a great war happens or. strong typhoons, it will be possible to have a disconnection in the internet.In this way, no way of accessimg bitcoin, investors cannot invest so no increase in price.
full member
Activity: 322
Merit: 105
Yes I think if the disasters are calamities like typhoons,earthquakes etc. If these calamities will hit us then there is possibility internet will lost. Holders are relying on internet to use,buy and sell bitcoins so if there's no internet for a week or month then there's no supply and demand. It will then affect the price of bitcoin.
newbie
Activity: 275
Merit: 0
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

If there is a global disaster it will reduce the price of bitcoin, of course many will sell their bitcoin and it will affect the value of bitcoin.
member
Activity: 728
Merit: 11
https://streamies.io/
If global disaster happens then I think the cost of bitcoin will drop sharply. there will be great damage to the world economy in general and the countries in particular. Governments and people in countries will try to find ways to re-establish the economy. So people will not have time to invest in bitcoin, bitcoin market will be reduced much when few participants. Therefore, the cost of bitcoin will be greatly reduced if global disaster occurs. I think so.
full member
Activity: 344
Merit: 105
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
For me, this would depend on the scenario, many events could happen, but I think that in most cases a major disaster would bring great instability to almost all fiat currencies. And It also affect bitcoin an other crypto currencies and even money. I don't pray for disaster like war as many human life will go but we are talks about it infect on bitcoin. Somehow bitcoin prices may increase as many people may like keep their asset in bitcoin so they can access it were ever they are. But I  also wish god that this does not happen but actually if this happens means that there would be a immediate crisis of most of the things and people would get back to basic life, where they need a house, food and clothes meaning that it would effect bitcoins in a negative manner of course but not just bitcoins actually all the digital stuff.
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