I'd say it would also depend on the timing of this global disaster. If it happens say, when Bitcoin is already widely used AND recognised, then yeah Bitcoin value would pump, if the countries affected by this global disaster would seek out Bitcoin.
But assuming that this widespread calamity is causing a demand for non fiat because banking and finance structures would be crippled, it's difficult to see how Bitcoin would be the alternative, since I'm also assuming the network itself would be equally affected. Nodes cut off, mining operations halted. This might be enough for people to perceive it as less secure, and could affect price too.
That's still the advantage of gold as a safe haven, always there and always accepted.
Topic: Would a global disaster increase or decrease the Bitcoin value ? - page 22. (Read 8205 times)
November 26, 2017, 07:14:12 AM
November 26, 2017, 05:23:02 AM
Any disaster, global or otherwise, will affect different areas differently. I think the standard advice is the best - hedge. Hold some currency, some precious metals and some bitcoin. The proportions will depend on personal preferences and local conditions.
November 26, 2017, 05:11:36 AM
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 ?
I think it will since there will be no people to use it during a worldwide disaster so its market demand will fall as long as its msrket value. But the thing that matter is that people will no longer think of how will they earn money during disaster such as investing or using Bitcoin, what will they probably do is to get food and shelter for their families and money won't be that used. 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 ?
November 26, 2017, 04:39:09 AM
A global disaster would undoubtedly increase the value of Bitcoin, because the fiat currencies of he world would become extremely volatile and much harder to use because stores and exchanges would be closed.
We can't certainly predict disaster where and when it comes. It is very important to be prepare always as it always possible to happen anytime. And this one factor that could affect the trend of bitcoin in the market. Of course, bitcoin price in that time would be possible to fall down but it only take a few days. Is just because not all areas will be affected and it could not give a huge impact to the entire bitcoin community.
November 25, 2017, 07:31:37 PM
A global disaster would undoubtedly increase the value of Bitcoin, because the fiat currencies of he world would become extremely volatile and much harder to use because stores and exchanges would be closed.
November 25, 2017, 07:21:51 PM
It depends on how or what will happen after a global disaster because we cant be sure if the bitcoin market or trader get panic selling or buying by that time. Bitcoin can be wipe if we had an EMP attack worldwipe which will disable all of the electronic device .
November 25, 2017, 06:48:38 AM
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 ?
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 ?
If there is a great war as you said, surely people will be busy with the safety of each persons rather than thinking about their assets. because safety is the most important thing rather than assets
November 25, 2017, 01:35:54 AM
Of course decrease the value of bitcoins. Because many sell their bitcoins to use For repairing their damaged homes.
November 25, 2017, 12:55:32 AM
global disaster mean this is happened to almost all of the countries in the world and i think yes possibly it will decrease the value of cryptocurrency because when global disaster happened most of people only concern how to save their own life without care for their wealth and if it is so then bitcoin will being worthless and lack of interest also the damage effect is there's no internet connections which being the main thing to use bitcoin
Bitcoin is a cosmetic wealth it is useful only when there is disturbance to the world. God forbid if any disaster happens, if it is manmade or natural bitcoin and bitcoin owners will be affected the most from it. Look at how small things affects bitcoin price even the small rumors drag it price low by a thousand dollar in an hour. Bitcoin is a virtual currency designed to be used in an ideal condition. In disasters after life saving people look for the concrete and solid assets which could help them in survival. Gold and fiat are the least affected assets in a disastrous situation. 
November 23, 2017, 12:30:07 PM
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 ?
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 ?
I think the price would increase a lot. You can look to what normally happens to gold when a war is imminent. People normally buy it, so they can keep their investment safe, because they know their currency will probably be weaker during that war.
Since bitcoin is decentralized, people will do just that with bitcoin, and since it's easier to buy than gold, we will probably see even more people buying BTC than gold. You can also analyze what is happening in countries that are dealing with crises and inflation right now. The effect on their economy is the same as if they were facing a disaster on their country, and you see that they are turning to bitcoin as a safe net.
So if you go from local events to global ones, the effect is the same, but at a larger scale. So if what you are describing would happen, the price of BTC would have a huge increase in my opinion.
November 23, 2017, 11:59:01 AM
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 ?
The whole increase and decrease depends upon the extent of the disaster that happens and where it happens . If the disaster happens in a country who is a major contributor for the bitcoin then obviously it will decrease . Increment due to natural disaster or war is not possible . And it is not fixed that it will decrease due to disaster , maybe it remains stable as the disaster may occur where there is no utilization of bitcoin (like small islands or countries). 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 ?
November 23, 2017, 11:44:17 AM
I think that it would decrease the value of bitcoin because people will die and a lot of chaso will be in the world. So everyone will start to sell their coins and stuff to survive.
If you leave your coins you probably have no value left after a few years.
If you leave your coins you probably have no value left after a few years.
November 23, 2017, 10:26:48 AM
Ofcourse it will. And the level of decreasing of bitcoin value is depend on the scale of disaster.
November 23, 2017, 09:53:06 AM
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 ?
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 ?
Yes,a big impact to bitcoin will decrease its value if something happen to mother earth,like example this global dissaster can affect the economy of the country, it can turn to famine and mostly investor withdraw there investment and bitcoin will wipe out in the mind of the people if there is war on each every country,the economy will affected and most all people become a soldier to defend there country,all internet connection and electricity will down.
November 23, 2017, 09:11:24 AM
I don't know if global disaster can affect bitcoins value but maybe it can depends on the situation, the only think that I can think that will affect bitcoins value is if there will be something wrong with the internet. People won't be able to access their bitcoin if that will happen or if government will have a firm decision about bitcoin to either embrace it or ban it.
That is very right that global disaster can affect the value of bitcoin. I think that global disaster can affect all the aspects of our life. We cannot continue to lead a common life while in war like situation or if there is any other natural disaster, it will certainly effect bitcoin value. November 22, 2017, 05:58:47 AM
terrorism and war is like all year round. what i think that can only affect bitcoin price would be a global disaster but if its only on selective area I hard think it can affect the price of bitcoin.
November 22, 2017, 05:54:48 AM
global disaster mean this is happened to almost all of the countries in the world and i think yes possibly it will decrease the value of cryptocurrency because when global disaster happened most of people only concern how to save their own life without care for their wealth and if it is so then bitcoin will being worthless and lack of interest also the damage effect is there's no internet connections which being the main thing to use bitcoin
Global disaster would eventually lead to a decrease in the value of bitcoins. This is because the value is entirely dependent upon the rate of investment and buying and selling of shares in the international market in terms of cryptocurrency. And if there would be some kind of war between the countries or the whole world afflicted with the Btcs then obviously the market would crash leading to a decrease in the value of this digital asset.
November 22, 2017, 05:29:33 AM
That's a good question. In my opinion no, it won't affect the Bitcoin value. Espacially if something happens in countries where people don't even know anything about BTC
Yes, you’re very right. If there is a disaster, and it happens to be in a country that doesn’t make use of Bitcoin, then Bitcoin won’t be affected. But I still think even if it happens to be in a country that uses Bitcoin won’t be affected unless the people investing on it decides to withdraw the money they have invested so far, then it will fall. But apart from doing that, everything will still be fine. By the way, I am not praying that a disaster should happen anywhere. 
November 20, 2017, 11:55:50 AM
I think the opposite of most people here - a global disaster would increase Bitcoin value. Firstly, there would be countries where the local currency becomes worthless and the population turn to Bitcoin (like Venezuala now). Secondly, lots of people would go on the move - refugees - and the easiest way to move money from one country to another is Bitcoin (you certainly don't want to be carrying gold).
Price will get more boost as the time will pass because still many people are out there in underdeveloped countries who are unaware of this coin so as in future years there will be more rise people will rush more to this coin so I am investing into this coin for sake of getting high profit through it and it will deliver me maximum profit and a secure lavish future and an epic living standard also.But in the case of a global disaster, which to me seems impossible, unless the end is here, there even will be no one bothered about the buying and selling of bitcoin or any other thing as the only thing left at that moment is survival, only if everyone is not gone by then.
November 20, 2017, 08:38:41 AM
Not easy to tell but if the disaster would also limit the access to fiat money then probably the Bitcoin value would increase. But that also depends on the way that disaster would impact the Bitcoin infrastructure like internet and electricity. But in the case of global disaster the first thought of every human being on this earth would be how to save the life and then everything else.
When it comes to natural global disasters people wont really mind off on their money or any has value and would rather save their own lives first than on securing all of the assets they do have. Price or value of bitcoin wont really be affected unless if theres no internet which would really cause that there would be no transaction happen which means bitcoin would lost its value.Any kind of global disaster will have diverse effect on anything and bitcoin is not anything exceptional . It will also a negative effect on price and volume as people will of course spend if it is anything related to financial disaster. Lets just hope things keep on running smoothly and there is no disaster type of situation worldwide as this is really will not be good not only for bitcoin but also for the mankind.
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