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Topic: Would a global disaster increase or decrease the Bitcoin value ? - page 6. (Read 8205 times)

hero member
Activity: 756
Merit: 500
As there isn't much of global market influence over bitcoin, we won't get disturbed in large scale when there is a big global disaster. Even in the past bitcoin has experienced the same when the global economy was facing a hard time bitcoin was quite stabilized and kept on showing gradual growth.
I think that because bitcoin is still not widely known by many people, unlike when Bitcoin is already a lot of people who know bitcoin and many people who use bitcoin even bitcoin is threatened because there will be a bitcoin regulation that comes out of the purpose of creating a bitcoin currency.
hero member
Activity: 1302
Merit: 540
Depending on the natural disaster yes, for example if something affect the energy world-wide we would have a technological apocalypse, other than that I believe it is very difficult!

I agree that everything depends from disaster, but in this point I think we can say that almost every decrease in crypto value will be just temporary, when things get back on the track prices will go up again. It`s what happens in every crisis, prices go down, when crisis pass prices go back where they were and go even higher. After night full of dark we always see day full of light, it`s a never ending cycle, if you are not prepared to survive bad days, good days will not be so good for you.
In any how before investing we should read and research well, as we needed to make sure that we do understand things around our investment, global disaster can affects crypto if mass problem occured, as holders and investors will surely sell out whatever they've got if emergency happens and they needed an instant cash, it will depends on how big the issue was forcing everyone to dumped what they've got.

I agree with your statement, there's always light after, continuing your quest even in a tough and risky ways would bring you a big benefits after.
legendary
Activity: 3248
Merit: 1179
Depending on the natural disaster yes, for example if something affect the energy world-wide we would have a technological apocalypse, other than that I believe it is very difficult!

I agree that everything depends from disaster, but in this point I think we can say that almost every decrease in crypto value will be just temporary, when things get back on the track prices will go up again. It`s what happens in every crisis, prices go down, when crisis pass prices go back where they were and go even higher. After night full of dark we always see day full of light, it`s a never ending cycle, if you are not prepared to survive bad days, good days will not be so good for you.
hero member
Activity: 1085
Merit: 500
hi =D
Depending on the natural disaster yes, for example if something affect the energy world-wide we would have a technological apocalypse, other than that I believe it is very difficult!
jr. member
Activity: 98
Merit: 1
Basically it's depends on what kind of disaster happen in earth. If any kind of disaster happen in earth and people spend money for this overcome this disaster also spend money for buying basic goods then bitcoin value decrease. Because at this situation people busy to overcome disaster, their loses at this time they not interested about crypto currency.
sr. member
Activity: 1246
Merit: 255
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As there isn't much of global market influence over bitcoin, we won't get disturbed in large scale when there is a big global disaster. Even in the past bitcoin has experienced the same when the global economy was facing a hard time bitcoin was quite stabilized and kept on showing gradual growth.
legendary
Activity: 2954
Merit: 1159
I don't think a global disasters will affect the bitcoins value in the market even in a positive and negative scenario because disasters are happened only in a one place at a time and it also can't destroy a whole country which means that the economy of the affected area don't need to get inform the market to increase or decrease their because government will do much more help to it using their currency.
Well, this is huge than what you and I think or believe because we're talking about global disaster which I believe if it occur it will definitely cause decrease in price of bitcoin value because every aspect of bitcoin have to do with the internet. Besides, do you remember what happened to the bitcoin market when the US workers salaries were not pay acouple of days not to mention global disaster.
moreover the disaster is in a country that has legalized bitcoin such as Japan or America, of course with a glogal disaster will affect the price of bitcoin. of course the electricity facilities will be stopped for a moment, especially the internet that cannot work without electricity, but I don't think that will last long

This would only happen if the world is near or about to end that the whole electricity and internet structure is disturbed. There are too many backup available that the whole world will never face such a issue. In can happen in few places because of War or anything like that, but impossible for happen to the whole world at the same time.
member
Activity: 459
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
I think the price of Bitcoin will remain the same or increase. because it is a product of technology. Natural disasters cannot affect technology, but only affect real estate, gold and existing assets.
We will see the price of Bitcoin increase sharply because people will gradually sell real estate and assets just to buy Bitcoin and hold. demand more than supply, => its price will rise very high.
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
I don't think a global disasters will affect the bitcoins value in the market even in a positive and negative scenario because disasters are happened only in a one place at a time

not sure if you already read title of the topic carefully . it says "global disaster"  global means all over the world . that also means that the disaster is happening all together , not one at a time  .

if that happens  , i believe it can cause negative impact on the crypto market and the price of the coins will all fall or will become stable instead because crypto users will be busy cleaning up and fixing the problems that the disaster have cause on their place .
If there is such thing the whole world will be in worry and all kind of investments will crash mostly the stock market so obviously cryptocurrencies prices also will fall since the demand will get reduced the tine of natural calamities but I hope the prices won't fall too much since people can't sell even at that time.
hero member
Activity: 1302
Merit: 503
I don't think a global disasters will affect the bitcoins value in the market even in a positive and negative scenario because disasters are happened only in a one place at a time

not sure if you already read title of the topic carefully . it says "global disaster"  global means all over the world . that also means that the disaster is happening all together , not one at a time  .

if that happens  , i believe it can cause negative impact on the crypto market and the price of the coins will all fall or will become stable instead because crypto users will be busy cleaning up and fixing the problems that the disaster have cause on their place .
- Agree, a global disaster is going to have an impact on all countries around the world and we can read the news about the disaster that happened in the past, the consequences of disasters are huge, loss of property and people is terrible. And the value of crypto will decrease as you say because people sell their crypto to recover the damage caused by the disaster, some others will not be able to access their crypto account when they have lost the necessary tools and passwords, with a large number of crypto missing in the disaster, the crypto market will be bleak and unable to maintain stability
sr. member
Activity: 1638
Merit: 300
I don't think a global disasters will affect the bitcoins value in the market even in a positive and negative scenario because disasters are happened only in a one place at a time and it also can't destroy a whole country which means that the economy of the affected area don't need to get inform the market to increase or decrease their because government will do much more help to it using their currency.
Well, this is huge than what you and I think or believe because we're talking about global disaster which I believe if it occur it will definitely cause decrease in price of bitcoin value because every aspect of bitcoin have to do with the internet. Besides, do you remember what happened to the bitcoin market when the US workers salaries were not pay acouple of days not to mention global disaster.
moreover the disaster is in a country that has legalized bitcoin such as Japan or America, of course with a glogal disaster will affect the price of bitcoin. of course the electricity facilities will be stopped for a moment, especially the internet that cannot work without electricity, but I don't think that will last long

I don't think you need to think about that. You already said it, it will not last long. If there will be something that will affect it very badly, it will be the legalization and also another world war, I guess nuclear war will also be a problem. I know that it is far from happening except the legalization but that I think will be the ones that will affect badly the value of Bitcoin.
sr. member
Activity: 854
Merit: 251
It depends on the type of disaster faced by earth.
But somehow i think it might decrease the value of bitcoin since people will need more money to buy a lot of supplies for future due to which they will sell the bitcoins and thus it will affect the price.
I hope it never happen  Grin
maybe in my opinion not only a disaster and war that can affect the development of crypto currencies even from the government can also occur if the government has banned and sanctioned violations of course the crypto currency will disappear
full member
Activity: 714
Merit: 114
I don't think a global disasters will affect the bitcoins value in the market even in a positive and negative scenario because disasters are happened only in a one place at a time

not sure if you already read title of the topic carefully . it says "global disaster"  global means all over the world . that also means that the disaster is happening all together , not one at a time  .

if that happens  , i believe it can cause negative impact on the crypto market and the price of the coins will all fall or will become stable instead because crypto users will be busy cleaning up and fixing the problems that the disaster have cause on their place .
sr. member
Activity: 2030
Merit: 356
I don't think a global disasters will affect the bitcoins value in the market even in a positive and negative scenario because disasters are happened only in a one place at a time and it also can't destroy a whole country which means that the economy of the affected area don't need to get inform the market to increase or decrease their because government will do much more help to it using their currency.
Well, this is huge than what you and I think or believe because we're talking about global disaster which I believe if it occur it will definitely cause decrease in price of bitcoin value because every aspect of bitcoin have to do with the internet. Besides, do you remember what happened to the bitcoin market when the US workers salaries were not pay acouple of days not to mention global disaster.
moreover the disaster is in a country that has legalized bitcoin such as Japan or America, of course with a glogal disaster will affect the price of bitcoin. of course the electricity facilities will be stopped for a moment, especially the internet that cannot work without electricity, but I don't think that will last long

Are you talking about the disaster which will result in loss of electricity and internet also ? This could only happen in case of a World war and if that happens saving life will be much more important than to invest money in bitcoins. So I think in such a situation bitcoin price will also dump badly.

However, in case of financial problem (like we have in Iran or vietnam ), the bitcoin prices will rise as people will convert everything in bitcoins to prevent themselves from the loss which might be there because of devalue of local currency.
full member
Activity: 1526
Merit: 111
Pepemo.vip
I don't think a global disasters will affect the bitcoins value in the market even in a positive and negative scenario because disasters are happened only in a one place at a time and it also can't destroy a whole country which means that the economy of the affected area don't need to get inform the market to increase or decrease their because government will do much more help to it using their currency.
Well, this is huge than what you and I think or believe because we're talking about global disaster which I believe if it occur it will definitely cause decrease in price of bitcoin value because every aspect of bitcoin have to do with the internet. Besides, do you remember what happened to the bitcoin market when the US workers salaries were not pay acouple of days not to mention global disaster.
moreover the disaster is in a country that has legalized bitcoin such as Japan or America, of course with a glogal disaster will affect the price of bitcoin. of course the electricity facilities will be stopped for a moment, especially the internet that cannot work without electricity, but I don't think that will last long
sr. member
Activity: 1372
Merit: 275
To my view, bitcoin has proven to be almost immune to global events or fundamental information that generate great volatility in financial markets, that is why I don't think a global disaster can generate important moves in the bitcoin price.
bitcoin is the first currency in crypto currency so that even now bitcoin still has the highest price and value maybe if there is a disaster or lose access to bitcoin if it is still on a small scale it will not affect the price and value of bitcoin though
hero member
Activity: 1834
Merit: 566
I don't think a global disasters will affect the bitcoins value in the market even in a positive and negative scenario because disasters are happened only in a one place at a time and it also can't destroy a whole country which means that the economy of the affected area don't need to get inform the market to increase or decrease their because government will do much more help to it using their currency.
Well, this is huge than what you and I think or believe because we're talking about global disaster which I believe if it occur it will definitely cause decrease in price of bitcoin value because every aspect of bitcoin have to do with the internet. Besides, do you remember what happened to the bitcoin market when the US workers salaries were not pay acouple of days not to mention global disaster.
full member
Activity: 518
Merit: 100
I don't think a global disasters will affect the bitcoins value in the market even in a positive and negative scenario because disasters are happened only in a one place at a time and it also can't destroy a whole country which means that the economy of the affected area don't need to get inform the market to increase or decrease their because government will do much more help to it using their currency.
full member
Activity: 1050
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 guess it does, anything that could affect the economy could also affect the demand on crypto market. Whenever there's an economic event, it actually does affect the crypto economy. For example, if a financial crisis happens, some crypto holders will have no other choice to sell some of their holdings to cope up with that loss.
but I think that natural disasters currently occur only in certain areas, so even though they affect cryptocureency, they have no significant effect. especially in my country where there are still few crypto users
hero member
Activity: 1274
Merit: 519
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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 guess it does, anything that could affect the economy could also affect the demand on crypto market. Whenever there's an economic event, it actually does affect the crypto economy. For example, if a financial crisis happens, some crypto holders will have no other choice to sell some of their holdings to cope up with that loss.
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