Bitcoin Forum

if there is war between KOREA NORTH and AMERICA will be bad for bitcoin.?

That would be bad for more than just bitcoin. Depending on where you live I think that will be the least of your worries. It is an interesting question and one I hope will never be answered.

 It would be the Chinese we would worry about., I also wonder how much bitcoin does North Korea possess?

don't panic my friend there' nothing to worry about war issue of USA and North korea so far just relax because have nothing updates about that issue, and i think bitcoin are not connected on that problems, bitcoin using the internet connection as decetralized cryptocurrency so can't control bitcon by any country as currency function.

That would be Bad for the world. But I do not know what could happen to Bitcoin. Usually, gold and petroleum and companies related to commodities go up when there is a war. Consumers companies go down.

So, if people see bitcoin as a store of value, could go up. If people see as a long-term investment, could go down or be stable. But if the war become big and Korea and Japan start to suffer needing investing in other things like rebuild and getting loans, Bitcoin could go down.

Nah, don't think so. Bitcoin at this point is far too global.  And right now the fears are
running pretty high, and look at the effect on the precious metals market:  nothing.
Gold and silver have been dead and dying for years now, and those are the things
that usually spike during times of crisis (or fear).  Bitcoin is still very near its ATH, so
I don't think the news is affecting it much.  Nor will it.

I think it would not only be bad for bitcoin community but also in all aspects wherein there is need for works or jobs. If there could be a war between them then there's no doubt that there would be a world war again because I think there allies of both nations will participate too. Hope it will not happen, hope they do engage just in ICO so that there no more wars.

What if? I hope it won't happen. War between USA and North Korea would have big impact for the big part of world, especially Eastern Asian region. Offcourse, it would affect bitcoin indirectly. How? Very hard to say, it will depend on many factors. But I think it's not good idea to speculate about such things like possible war and impact of it.

Bitcoin may be global, but notice what happened to the market when China was cut out. Just imagine what would happen if the US was all of the sudden unable to trade. Then again, maybe the price would go up because USD might lose value. Who knows. Hopefully we don't find out.

That would be catastrophically for the economy from the entire world. Bitcoin price is going to descreade a lot because people will sell their coins thinking that bitcoin can disappear or go to 0 value wich could actually happen. NORTH KOREA and also SUA both have the power to destry themselves with nuclear rockets wich from my opinion I dont think it will ever happen. Maybe only Korea will send some warning bombs(as they already said) but not supposed to destroy the whole America

No good tiding come out of war and if there is war between America and North Korea it will affect bitcoin,the economic of the two nation and it will even affect something tangible more than bitcoin between the two nation.

The experts sayd bitcoin doesn't affect anything but i dont think so if war will start,investors can break up with bitcoin and it s goes deep.but in war time so many other investors can come bitcoin i can't see but we are on same ship

If this happen this would be a big impact in bitcoin economy for sure. There is a down fall of the price and most will got panic in selling off their btc. Will we will never know what may happen yet but lets hope this wouldnt happen in the future.

dont worry about that war,bitcoin are nothing to do in war because this is digital money only,in some aspects like buy gun or anything for war but who can think use bitcoin to buy like that so this is nothing,i think drink water only then inhale and exhale for your mind and body for thinking too much

You shouldn't be worry buddy because even if there will ve a war between these countries it won't affect bitcoin because it's decentralized and the economy and bitcoin are not directly connected.
And bitcoin is banned in North Korea so no worries.

It would be affected but not going to make Bitcoin totally dead because the users still got the access to Internet, but it will affected the price because the citizen will focus on how to survive rather than how to make profit so it will decrease the transaction volume

Definitely not impact for Bitcoin... One of those countries has pretty much no Bitcoin usage and the other one would win the war, so they'd be fine :D "Jokes" aside, Bitcoin wouldn't flinch a single bit with such a war...

If the War breaks out, then whole world economy will suffer not only bitcoin, but yes price will go down to few hundreds. Because now we live in globalization, if anything happens to one country, it affect other side of the Atlantic too.

If that war happen, its surely affect the entire economy of the world. Specially that America is the center of the industry. Its like a domino that if one fell down everyone will follow. Tha'ts what I think will be the effect of this war.

we can only provide the best support of the news hopefully there is no significant problem for bitcoin so it continues to grow so that bitcoiner can still earn income in it every time.

I honestly wouldn't worry about a war between the U.S. and North Korea. I would hope and think both sides understand the consequences of war, and the effects it would have globally. In the case a war was to happen, I think the price of Bitcoin would be affected by how big the war is.

I don't know how much of the U.S or North Korea uses Bitcoin, but if it's a small number compared to the rest of users who actually use Bitcoin, then I don't think the price will be affected too much.

I think it will be more than that if ever North Korea and America does go to war. And we will never know if they will target the internet because if ever that's the case then we are all doomed.

depending american and north korea fighting using ally or not. if Americans with ally, then 3rd world war will happen, from  Middle East until Asia will break conflict, which in fear is use 3rd world war by terrorists. yes if there is a war then the crisis will also happen , and impact in bitcoin .

It will certainly affect bitcoin economy if its a total war not a word war only, but if real fighting happens between this two country even though we are not sure if North korea is using bitcoin but users from america will surely affect this war.  

Of ccourse bitcoin would flinch and I think you said bitcoin won't flinch just because you don't know how the Korean government does their thing when war arouse between them and a nation. The Korean usually go extra miles in other for them to accomplish their mission.
EDIT : Never say never

hopefully bad things do not happen, in previous years a lot of news that made btc price down, but he rose again in the years after.

If its will be happen its really bad not just for bitcoin but for all currency in the world and the price of gold will flying high.  We all know that dollar becomes the benchmark of many other countries' currencies in the world, so if the dollar is not stable then many currencies of other countries will also falter.

A war like that will be bad for everyone. I think the American economy would get hit and the stock market would drop. It's hard to say what would happen to Bitcoin. I'm guessing that since investors don't know what would happen to Bitcoin, some will just pull their money out just like they will with their stock investments. Others might put money into Bitcoin since Bitcoin is not an "American" or "North Korean" currency. I think there are a lot of unknowns.

I agree, I think the economy even outside both these countries would be greatly affected as well and we hope North Korea won't bomb other neighboring countries because it might take down the internet or electricity so for those who will be putting their money to Bitcoin would still be of no use.

In that case, bitcoin is the last thing you should thibk about)

If the battle began, this is a big threat to our economy since North korea is quite near to our place, And the threat of launching nuclear weapon are the most hazardous thing, it will create radiation to its neighboring country which will lead killings to those places who are affected . Hope and that the possible combat won't happen.

I don't think they will use it on neighboring country because it will surely affect them too, I think if the enemy country would be a far then that will be the time they will use it, well I would not worry about the economy or bitcoin anymore when the war could occur just worry for your safety and your life because I think that is the most important.

There will be many things that we need to consider here:
1. Internet may be put off once a war is declared between these giants which may stop the usage of Bitcoins, so the volume of the markets may get hurt because both the countries are among the top 10 whose citizens are actively trading as well as using Bitcoins on a daily basis.
2. They may even decide to prefer fiat more over Bitcoins (seized ones) by selling them for their own currency as nowhere will they get their armed forces unless they pay in fiat, so they will try to gather more soldiers than they already have and this will unfavorably harm the economies of both the countries as both will tend to destroy each other under their so-called winning inferiorities.

If this war will happen for sure this will affect bitcoin badly but not entirely, I just hope both leader of the country will not make any wrong move to really make this war happen. Because the whole world will suffer.

In that condition,What I think will happen is that, there will be a split, although it may likely first have a negative effect.

Yes if they start to nuke the entire part of this world and affecting the internet connection, the blockchain system which require miner will not be able to confirm a block and make bitcoin transaction stuck,by the way if the internet connection is still fine even after the nuke exploding everywhere, I'll just sit here in my "neutral" country, grabbing popcorn, and watch the latest news about the war while still watching youtube for fun lol.

why this war can affect bitcoin? if bitcoin is using in trading weapon or use in war maybe there is a big impact on bitcoin and our economy.. but in terms of bitcoin is not use in war just preserved your bitcoin let them grow with no worries..

The war would definitely have serious effect on the world many neighboring countries may face the consequences as well. And when we talk about USA and North Korea both have leaders who will start nuking each other if the matter escalates a bit more. USA isn't gonna take any huge damages on their land and will not  even their economy would be damaged that it can affect Bitcoin prices. In North Korea hardly anyone has access to the outer world through internet or they actually don't have access to the internet they see what the government wants them to see. So that pretty much says North Korea doesn't hold large amount of Bitcoins and Nk isn't a big political power like China. So what I think is, it is not going to affect Bitcoin prices. Just hope War doesn't break out. Peace ✌️

I myself don't think they are gonna send their nukes anywhere and only person who can think of it is the leader of North Korea. As it is being speculated North Korea currently has a stock pile of 60 warheads and it is also said said that North korea can use only miniature sized nukes but still it can have a good impact. But the point is many of the countries in the Asia surrounding neighboring North Korea has Anti ballistic missiles. Japan, South Korea, India, China and Russia all have the capability to take down the nukes in air if there is no failure in the systems. So the chance of NK nuking every nation here is slim.

in my opinion, of course it will be bad for bitcoin, because surely there are some big companies that use bitcoin, and the company is affected by the war, it could even the companies go bankrupt, and automatically bad for bitcoin

i think it will not be bad for Bitcoin, but it will be bad for the country currency
does the citizen want to sell Bitcoin and hold the country's currency when their country is at war? i think that's not a good choice

but which i feared if the war caused the third world war, we don't know what will happen because world war is the most terrible thing

It would make the price even higer than now in a war situation. Gold, metal and oil prices will be higher as well.

War between america and north korea has a very little chance because of the united nations and probably if there is a war, why thus the bitcoin will be affected? Because of the casualties and internet or what factor wil be affect bitcoin?

I think not. I dont know they have legalized the bitcoin or forbidden it. but if they're going to war, that's the hardest thing. because they will know what the effect of the war on their two countries. they will be censured all over the world and the UN. so I guess they will not be rash.

There will definitely be an effect on the Bitcoin market if war should happen between the mighty North Korea and America. There are major investors in these countries, meaning they will be withdrawing from activities and if there are loss of lives this will or can lead to loss of Bitcoin accounts too. So, Bitcoin can be lost in transit and volumes lost too.

bitcoin is the last thing you need to worry about in case a war like that broke out. and you will surely forget all about everything else by then.

but many believe that in case of a war things like bitcoin will increase in price as people start investing in them to store their money somewhere safe and easy to hide.

No do not think that a war between North Korea and America will affect that much in bitcoin the only big effect will happen if north korea has successfully created a nuclear missiles to make a world war 3 for sure you will not think about your bitcoin because the only thing that you would think is to save yourself.

I times of war, people will look for ways to protect their wealth. Bitcoin has a history, where people used it for a store of

value to protect their wealth. {As we saw with Greece and also countries with a failing Fiat currency} The problem is, a war

on this scale would push people to protect their wealth in physical items. { gold, survival items, items for trade } This is a

WWIII scenario, where Nuclear weapons might be used. {This might destroy the world, not just these two countries}  >:(

I think there is nothing to worry about the war between NORTH KOREA and AMERICA. It wont have a great impact on Bitcoin,but it can affect the US currency dollar and north korean currency. The war has nothing to do with bitcoin.And if for any reasons the bitcoin price comes down, then use this opportunity as a investment offer and invest some capital at that point because that decline will last only for short term and you could gain some profits if market continue's to move up.

I don’t think so. The price for gold, silver, etc goes much up in any war situation as the natural resources are not available in plenty at that time which lead to increase the price for all such commodities. Bitcoin is far away from it.

Even the smallest thing has a great price in any war situation for example the vegetables and food commodities are much more costlier in war situation. Bitcoin is similar to digital gold and surely it will be affected. but also there are many such things which will be affected after a war between AMERICA and NORTH KOREA.

There will be little bit effect of war because the major thing that is effected that is the economies of both countries and bitcoin is independent of it and this means a lot to the investors so there will be dump in the market if the war happen that will also attract the new user and as this conflicts will be sorted out the stability will be maintained.

But these benefits will be possible only in short term. Always war will lead to worst life style in longer term basis. For the reason of enjoying benefits from gambling we must not invite war to happen.

I don't think N. Korea is relevant to the world economy - period. Also, war between two countries wouldn't affect the technological development or advancement IMO.

It will be bad for the people and I don't think there will be a massive effect to bitcoin. Let's connect what will be the possible thing to happen if that war starts. There will be people that will starve because most of the establishments will be destroyed and people will cash out their bitcoin but first thing firsts, how can they cash out their bitcoin if there will be no internet and computers are destroyed because of the war. And in the end, there will be no effect for bitcoin so don't worry at all.

I cant see that this thing would be bad for bitcoin unless if those 2 countries hold up huge chunks of bitcoin then it would somehow give some effects but not comes to a point that it would dump because war isnt really connected to it unless if funds are being used came from bitcoin.We should not really worry after all.The thing that worry me now is on upcoming fork. 8)

Definetely it will be good. The more stupid things governments do, the more bitcoin price increases. Because esentially it is a problem of trust.

if there was an actual war between korea I would be more worried about other things , bitcoin would be last on my mind.

Any war has economic liabilities but it wont hurt the entire global economy unless every country is into it,since you have mentioned just two countries there wont be any liabilities if a war breaks out and obviously it wont affect bitcoin,i am sure the tensions are high but there wont be any war because North Korea has nuclear war heads and their leader is unpredictable to the outside word and so the US wont attack them just like that.

But if south korea become devastated, their economy will become weak and it will really affects the price of bitcoin since it plays a major role on bitcoin economy. China and Russia is now remove as major contributor to bitcoin. Only South korea, Japan and EU country supports BTC.

when bitcoin exchange can pay tax , it will be unbanned.

if anyone did't want pay tax .. hahahaha

only death can free from tax.

But even big countries removed btc,we can see that btc can recover and it can have more developments, since Japan and more cuntries adapting it  too.

I don't think that if war breaks up it will affect the bitcoins as it is not gonna have much impact because after all bitcoins is something which is connected with the internet and it depends on how much coins each country holds and i guess nothing has to deal with the war as it is not just meant for a particular country or region.

I think the impact on bitcoin is always there. but the worst effect was on the two countries involved in the war.
I'm not sure this will happen, and I do not want that to happen.

I think more different, big company bitcoin adopters many born from korea ,, this is very afraid if kore destroyed by america already in make sure korea economy will degenerate that bad impact on bitcoin industry in korea ,. therefore we must prepare ourselves if this war really happened.

It's not because bitcoin purely depend on supply and demand. Only trade on wall street that may affect since their value are depend on global issue while bitcoin is different because it's decentralized which mean no one able to control it's bitcoin except who own the private key