For me it depends on the place where disaster happened. We all know that bitcoin is run through the use electricity so if the disaster happen on a place where adopters are many maybe it will decrease. But its not for a long time but once the damage repair it will back to normal.
right, the bigger the disaster, the more influence will be on the development of crypto, with the note that the area is a lot of active bitcoiners, especially the big investors, so it will reduce the volume of trade 
Topic: Would a global disaster increase or decrease the Bitcoin value ? - page 8. (Read 8227 times)
November 19, 2018, 07:36:47 AM
November 19, 2018, 06:55:51 AM
For me if this kind of disaster exist maybe the price of bitcoin will drop because people will not think about earning bitcoin but they will be more focus on saving their lives before thinking about bitcoin. Maybe after the war or the great disaster is gone they will back to their normal mindset and they will be going to invest more and then the price of bitcoin will rise again. But it still depends how cryptocurrencies become useful to goods and some products.
November 01, 2018, 04:30:22 PM
For me it depends on the place where disaster happened. We all know that bitcoin is run through the use electricity so if the disaster happen on a place where adopters are many maybe it will decrease. But its not for a long time but once the damage repair it will back to normal.
November 01, 2018, 03:33:18 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 ?
I think the value of btc will decrease, because a global natural disaster will result in the deterioration of infrastructure. 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 ?
Problems with electricity and the internet will prevent effective use of all digital services.
Fiats and other means of exchange like precious metals, weapons and food will again be the most valued "money" in this post-catastrophe world.
November 01, 2018, 03:11:36 PM
I don't thing that the value will significantly change, if it will change at all. Bitcon and other altcoins are still rather disattached from the society as the adoption is still relatively low, so they won't face heavy fluctuation. Other factors related to Crypto directly, such as Chinese Crypto regulations, have much greater direct influence.
November 01, 2018, 03:35:08 AM
Hard to predict bitcoin price when global disaster. Bitcoin price increase because demand and supply and i think its not related with dissaster. It could be give effect on the price but i think its temporary
October 09, 2018, 02:50:55 AM
If a global disaster occur. I think noone can ever use bitcoin. Because its a global disaster and all of us will be affected. So we all we need is hold our bitcoin. And we don't know if its price will increase or decrease.
Well are yet to experience any sort of global disaster so I will not give that verdict yet.But from what I know from history, is that in the face of global disasters, Gold is the only commodity who's value seems to increase. October 08, 2018, 03:01:33 AM
If a global disaster occur. I think noone can ever use bitcoin. Because its a global disaster and all of us will be affected. So we all we need is hold our bitcoin. And we don't know if its price will increase or decrease.
Well are yet to experience any sort of global disaster so I will not give that verdict yet.But from what I know from history, is that in the face of global disasters, Gold is the only commodity who's value seems to increase.
October 05, 2018, 09:25:55 PM
If a global disaster occur. I think noone can ever use bitcoin. Because its a global disaster and all of us will be affected. So we all we need is hold our bitcoin. And we don't know if its price will increase or decrease.
Well are yet to experience any sort of global disaster so I will not give that verdict yet.But from what I know from history, is that in the face of global disasters, Gold is the only commodity who's value seems to increase.total bitcoin users do not cover everyone, of course people affected by the disaster are not necessarily bitcoin users right?
October 05, 2018, 09:16:11 PM
I would think in the short term it would jump but very soon afterwards it will dump to noting as people realize that bitcoin only lives on the INTERNET and in a major disaster thats global i dont see that platform lasting
October 05, 2018, 08:49:04 PM
It all depends on who's affected and what the extent of the damage would be to said countries.
I agree, it depends on what happened and how wide the impact is. I think that at first, it may decrease the value of bitcoin, but I think that if a global disaster happens, then it could also be the perfect time to use cryptocurrency and the blockchain technology for a good cause by sending donations. Of course, it will be a bit complicated if you are sending donations to a country that does not use or recognize crypto yet, but it could be a good reason to use bitcoin. What do you think?
October 05, 2018, 04:04:15 PM
It depends on what kind of disaster that the Earth is facing. but I think crypto will not be the primary need when it happened. People will focus on their families, shelter and food. so I think the value of Bitcoin will decrease. and it might be ignored for the meantime but, who knows? maybe I'm wrong about it. I'm hoping that the World will never come to that point.
October 05, 2018, 04:48:10 AM
War would see an increase in bitcoins price but a natural disaster? I'm not sure. It depends how many places it affects since if it's just a small country or a few islands it wouldn't affect the price at all even if the people there had to spend all of their bitcoins.
It has a point. People today did not really give attention to bitcoin, some people ises but not all therefore we can conclude that it would not be affected because of the high population a specific location a disaster will come. With this we can say that the market as a whole will not be affected.
The title of this thread says "global disaster" not local or only on a specified country , therfor there is a posibility that the market will decrease because people will expected to sell so that they can have a money to buy foods and other important things in life .
There is also a chance that cryptos can became stable if ever there will be no electricity available due to disaster because people cannot possible cash out .
October 05, 2018, 04:12:32 AM
global disasters will provide a decrease in crypto and bitcoin values because many people will try to meet their basic needs of eating, drinking and treatment rather than having to think about investment and others, with a decrease in trading volume due to this global disaster the market will experience a decline in purchasing power which ultimately causing crypto prices to also decline
October 05, 2018, 04:05:05 AM
War would see an increase in bitcoins price but a natural disaster? I'm not sure. It depends how many places it affects since if it's just a small country or a few islands it wouldn't affect the price at all even if the people there had to spend all of their bitcoins.
It has a point. People today did not really give attention to bitcoin, some people ises but not all therefore we can conclude that it would not be affected because of the high population a specific location a disaster will come. With this we can say that the market as a whole will not be affected.
October 05, 2018, 03:24:12 AM
If a global disaster occur. I think noone can ever use bitcoin. Because its a global disaster and all of us will be affected. So we all we need is hold our bitcoin. And we don't know if its price will increase or decrease.
Well are yet to experience any sort of global disaster so I will not give that verdict yet.But from what I know from history, is that in the face of global disasters, Gold is the only commodity who's value seems to increase. September 30, 2018, 11:17:38 AM
If a global disaster occur. I think noone can ever use bitcoin. Because its a global disaster and all of us will be affected. So we all we need is hold our bitcoin. And we don't know if its price will increase or decrease.
Well are yet to experience any sort of global disaster so I will not give that verdict yet.But from what I know from history, is that in the face of global disasters, Gold is the only commodity who's value seems to increase. September 30, 2018, 10:54:25 AM
Ask for me, I will tell you that if there is a global disaster, the value of bitcoin will increase. Because in this time, people can not move with fiat, they need time to save their lives and can not keep all of fiat. At this time, people will take advantage of digital currency to keep their asset.
September 25, 2018, 06:31:49 AM
If a global disaster occur. I think noone can ever use bitcoin. Because its a global disaster and all of us will be affected. So we all we need is hold our bitcoin. And we don't know if its price will increase or decrease.
September 25, 2018, 06:21:38 AM
It think that global disaster potentially to decrease the price of Bitcoin, as it has broken down the world and buildings. So, people needs massive funds to recover anything. In this case, many people need to sell bitcoin for its funds.
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