Bitcoin Forum

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse.

What the average investors need to do is to avoid investing in dollar or maybe bitcoin. But I don't think bitcoin can be affected because most investors can convert their fiat into cryptocurrency and bitcoin is the most sort for.

the trade war can't hurt Cryptos that much until maybe the USa impose a blanket ban on crypto. Other than that, China already has a ban, and many existing coins are already dead...

If you mean bitcoin can serve as an alternative source of investment, yeah it could but the regulatory issues in the long term is the tooicof concern now. Other than that, it would be safer staying in bitcoin than in dollars.

Moreover, investing in a physics asset such as gold will also help provide some sort of security.

None, theres no significant effect of these trade war things into crypto market. They can ban all they want and make issues towards these countries yet

Crypto market is entirely different and these factors cant really make affect on the price.So its totally irrelevant if we do just stress out ourselves to believe on possible influences.

Large-scale businesses and foreign investors would still choose the use of USD over any other currency given that most still use the said fiat for the majority of their trades and dealings around the world. Bitcoin, in its current shape and form does not pose to be one of the leading currencies to be used in the event of a larger tension between the US and China, simply because a lot of companies would simply need to follow suit and of course, the threat of volatility still lingers within the currency. For now, the two nations are vying to be the most used currency around the world, with CNY devaluing harder and USD gaining the upper hand. Bitcoin and crypto, perhaps, could be a hedge should this continue and worsen over time, but for trades and transactions, it's no doubt that USD is still king.

Really depends on how hard the economy of that country is hit from that trade ware. If it only affects a particular business industry not related to the crypto industry then I doubt it would trigger any long term effects in the market it will just be FUD at best. But if the trade war is somehow affecting a business with near relations to the crypto industry then we will more have than FUD affecting our market. Businesses like crypto exchanges being prohibited from running internationally or blockchain companies not having a fair fight against local counterparts are just a few examples.

I don't see any connection between the two.
The two government are dealing in fiat currency, it could have been possible if it were on cryptocurrency.
Or else though individuals whom are doing business with cryptocurrency decides to take it up in themselves.
Besides, the issue going on with these two government is nothing but power exhibition.

manipulation of currencies has a big impact on the trade balance, it's an important part of trade wars. Crypto may be useful to preserve values.

I don't think the trade war will influence cryptocurrencies since we all know China banned Bitcoin and any other cryptos.

Maybe the US can affect or influence it but I don't think that that will be so huge that we need to worry about it. Also, the items from China going to US and items of US going to China will be the one affected mostly here, I don't think we should connect cryptocurrencies here.

The direct result of these trade wars are the economic uncertainty that political decisions like this are causing in the financial markets. We have already seen investors searching for safe havens like Bitcoin with a store of value, when trade wars between China and the USA intensified.

So these trade wars are good for Bitcoin, because the economic instability are forcing investors to hedge their losses by investing in alternative "store of value" investments like Bitcoin, but it is not good for Fiat currencies and stock markets.  ::)

As any other investment, people will find it hard to find enough money to invest in any financial market if the trade war escalates to a certain point there are many issues that will arise and jobs will be the first market that would get affected, in the short term you can see it as a boom for local manufacturers and production will increase and in turn the companies can increase their work force which means more jobs, but we need a free market to have a competitive price for the customers and with the worlds top economies clashing is not a good sign as it will slow the economic growth and it will have an impact globally.
Bitcoin can help overcome these restrictions and hopefully the world market will realize the real potential of bitcoin in these situations. For anyone looking for a currency to trade globally without any borders or restrictions they can embrace the magic of bitcoin.

China and the United States have caused a major trade war, businesses in China are currently doing a lot of business losses.
That is also the reason why many people spend more money to buy Bitcoin than in the past only expect its deflation.
After the US and Chinese war ends, you'll see Bitcoin is no longer being bought that much, instead it will be the season of alts.

Mostly there's none. Cryptocurrency isn't really relying on any of the two countries economy although there can be some occassions that we notice that when the stocks fell, crypto also plummets.

Buy bitcoin, simple yet powerful advice.

As mentioned, bitcoin is becoming the savior of assets now mostly if there's a falling economy to a country. I've read an article/news about Hongkong and people there starts to eye for bitcoin as their safer investment.

If you will ask the experts that are crypto enthusiast about this, they would always say that the trade war has a positive influence on bitcoin and the whole crypto market because altcoins also has the potential to grow in the future, however, majority of them will invest in BTC as it's the most powerful coin in the market.

With the trade war that of these two, it will only affect their economy, and I think USA under Trump leadership has made a wrong decision for this.
I know his intention is to benefit the americans, but the chinese products have already penetrated in the market.
The people will suffer if this will continue, and even other countries will be affected as well.

Absolutely nothing, the percentage of users in these two countries is not that much to have any effect on bitcoin, the few ones that known about cryptocurrency might to turn to it to make investment, but majority of them would either invest in gold or some sort of physical thing that they are used to already, and this trade war, I don’t see it affecting china in any way.

The largest consumer of their products are in Africa, so U.s are the one that relies more on china products for their economy, and I think their president is ready to make peace already because with all the debt that US is in already, they cannot afford to waste their time and strength on a war that is just not worth it if you may ask me please. China is also already trying to make their own crypto already.

We haven't seen any effect whether positive or negative, crypto market still continue to go day by day. If there is an impact, we should have seen the price going healthy and moving to a positive growth. But such speculation by crypto enthusiast was debunked when the price of bitcoin didn't move. The price is barely above $10k, nothing that we can be happy about.

And as far as I know, this trade war started in 2018 and the picture was just highlighted this year. So the conflict will have no ill effects to us. Crypto has its own set of investors and doesn't care if we have a trade war or not.

I see some.
With the Sino American conflict and investors' tendancy to be worried about a recession, we can see more and more of them turning to safe-haven (https://www.newsweek.com/investors-are-rushing-gold-bonds-stock-market-continue-tumbling-1453062), such as gold. (you can check charts)

What does this have to do with Bitcoin? It has been following the gold price for 3 months (you can check charts too to see the correlation). It means that investors tend to consider Bitcoin more and more as a safe haven. (Are they right or not is something else)

Compared to Bitcoin, does it remember you something for the past 3 months?

https://i.imgur.com/Y7MaueP.png

https://i.imgur.com/rWXyFZN.png

https://i.imgur.com/kWK6jIe.png

The way I read about this trading war of America and china online and many analysts said " it is a win-win for bitcoin" and some positive news that keep coming into the market I was thinking that by now bitcoin should be above $30,000 by now but price or bitcoin seems not reacting to all those news and events. Maybe in some months to come, we would start to witness changes in things and the trade war will start to impact the market.

No, Investors and Traders based their decision on charts, while amateur Traders may decide based on what the current economic state and Trade News but not into the Chart. Trade War may influence how the Government decides on the regulation of exchanges. Amateur Investors should cut losses, not avoid it. Losses are always inevitable in Trading/Investing.

Trade wars are something temporary, it has started with USA and china and now Britain is doing some exit of sorts which would be hurting the economy in UK and possibly in EU as well. Those are the only ones we know but since they are big countries it looks like they are actually hurting the global economy as well.

I think crypto would not get too much affect because of it because people who use it already uses and people who don't will not probably look at it like that hence the crypto part will not be affect by this, it is only the companies that would be affected. Maybe a small number of people will look towards crypto too but I doubt that would make too much difference. If the companies and big money starts to move to crypto to go around the war than it would actually hurt us because countries will try to stop it.

Perhaps the trade war between the USA and China will not have a strong impact on the price of cryptocurrencies in the short term. But in the long run, you can see that many countries develop their cryptocurrencies. For example, the trade war pushed the Chinese government to create stablecoin, this will help China bypass US sanctions and bans. Therefore, in the long term, a trade war should give rise to cryptocurrencies.

You can't think trade war and currency war separately.

The Trade war brings a currency war along with itself. And a currency war means constant QE's, inflated FIAT, rising asset prices...

FIAT already loses its value over time but it wasn't happening that fast so average Joes wasn't panicking that hard. Now USA and China is starting a war, these currencies will be in constant dumpster mode. It won't be limited to USD and CNY neither. EUR will join too.

Where do you think all those excessively printed FIAT will go? Even the average Joe's will wake up and see what's happening this time. Gold already gave the first signs. Gold may go as high as $2k maybe a lot higher.

Bitcoin definitely will be above (at least) $50k if this madness keeps going.

Fiat doesn't lose value because of the trade war, it increases the prices for sure and that creates some sort of inflation which decreases the value of fiat you are right about that. However at the same time it is creating a "lack of" situation everywhere else as well, so while you have american dollar becoming worthless over time in USA, it is making it worth more around the world because trade war caused it not be able to go around the world.

So, you are not giving dollars to Chinese and they have less of it which creates a demand by the Chinese and that increases the value of it. You have to calculate which one is heavier, is the lack of dollar around the world increases the value more or is having more of it in USA decreases the value of it more, and that is something we can learn only after years of this not right away.

Crypto community tend to believe that every world problem (both politics & economics) influence Bitcoin price positevely. Is it really true?

It is true but aside from having positive impact, it can also affect bitcoin price negatively. For instance, in politics the government might pass a law that can inhibit or control cryptocurrency. This will have a huge negative impact in the crypto industry.

for me there's a possibilitIies that US can manipulate the market because US has a largest partners in investing on cryptocurrency ,such bitcon and eth    If this war happen for sure there will be a drastic fluctuation in the market . I hope  that it will not go further because it will be a long bear season again for sure.

I have been taking notice of trade wars news and actual taxes but haven't seen any influence on crypto markets, i think that there is a very week connection or nothing at all. The trade  war has a big impact on stock markets .

When there is political or economic turmoil, there is high probability that national currency of countries involved in the turmoil decrease in value. At this time, people rush to safe assets. This is what we have experienced with gold many times. Both Yuan and dollar holders try to protect the value of their money and then all people will follow them. Gold is now a safe asset and it can attract many people who want to protect the value of their money. Bitcoin can be also attractive for people. Bitcoin has shown some good signs in the past months and many investors will consider that. So, bitcoin price will rise.

We have all been seeing bitcoin fluctuates, gain massive increase sometimes, and then sometimes dump hard and none of us could really explain what is making this to happen other than we associating it to trades, bulls, and bears but there are factors that are happening in different locations that is making this to happen, and one of them could also be this trade war between them both and you may never know.

Their citizens might be passing money through the bitcoin market to make payment for good s and services and you know that has they demand, the price of bitcoin will increase, and has they withdraw; we will also see the effect of it. No one of us is sure of the effect of this war on bitcoin, but it might be having without making bigger impact.

The issue of effect of trade war on the effect of bitcoin has been over-flogged already and several opinion has been made and positions given and this thread would not change it. The point is, if there is going to be any effect on bitcoin, we probably should have seen it already and so loud that it can be traced but now that the whole issue is expected to be resolved due to series of talks and negotiations, I don't expect any further effect whatsoever. Although, in my opinion, there is room for some marginal changes during this period but would not be linked directly to the trade war because even without any major thing happening in world economics or politics, bitcoin has been used to several increase and decrease intermittently.

The USA and China are the strongest economy we have in the world at the moment. This power allows the two countries to influence whatever happens across the globe. To some extent, trade war between these two powerhouse countries can easily affect the prices of all commodities including bitcoin and all cryptocurrencies.

Here's an article on it
https://www.publish0x.com/xpinvestio/politics-trade-war-and-cryptocurrencies-xpndvl

Paul
xpinvest.io

The trade war has been going on for a long time, and yesterday there was a trump statement to attract outside investment, but I don't think it has anything to do with bitcoin, it should be like that, investors are looking for new investment lands like bitcoin, but it has no effect

Crypto is still affected because crypto is also used for direct spending and trading goods in both countries. We need to make crypto currency to be more frequently useful like if we are using crypto on every shipment but due to trade war then the constant use of crypto will be limited and its demand will be reduced too as we cannot be able to buy, sell and trade goods in these countries anymore.

Yeah, this is exactly the time when you do not buy but you do not sell neither. If you have no bitcoins then do not get in right now, wait for it to make some moves and if it goes up or down doesn't matter you can get some.

However, if you have some bitcoins, do not sell them right now, wait for it to make a move and if it goes down you can buy some more but if it goes up then you can sell it. Right now is not the time to do anything at all, if you buy right now then there could be a bear coming around right now and drop significantly and you would be upset, however if you hold bitcoin then you probably got it around here anyway and there is a chance it can go up so the risk worths it if you are already in it since you already holding but if not then you should stay away to make sure you get in at a better point.

We cannot avoid losses if we invest cryptocurrencies because it has high volatility. Even the Professional traders are also experience loss so we need to expect that we will lose. But we can insured to them that Bitcoin is not a scam and they will not getting scam if they know how to do it, and guarantee if they have Bitcoin they will really earn profits in it in the future.

Does any part wants this war? What about to look this time as a profitable one for some people? Bad times are great times for earning a lot of money.
In overall, does any side want that? Especially USA mustn't want it because China offers every product/service in very cheap price, this gives USA citizens to buy products in affordable price, also China's products are selling and getting profit.
I don't think situation will go worse, non side wants that, especially USA. If it seems like they want, doesn't mean in actually they really want it, as I already sad, bad times are great for some, especially "big" people.

Trade war between US and China effected on many third world countries as well mainly on the field of IT but it won't affect the generic investor of gold but stocks might get depreciated due to the loss of economical balance on countries so people or investors can hold crypto currencies to avoid but I fee that the trade war also affecting the bitcoin since we are under 10K now and keep decreasing.

Crypto is highly manipulated.

Does US needs imports from China, yes and no. There is Bangladesh, India,

USA is a current global debt provider. Money it borrows via treasuries are partly spent on exports indirectly. So tariffs simply reduce amount of usd China gets.

Effect on crypto. For BTC to go above 20,000 bitmex would have to lose its ability to manipulate btc with affiliated exchanges via wash trades. Or strong buy volume making bitmex bust.

Global economy cool down is likely to boost demand for crypto from Chinese should China  devalue yuan more. And if USA will devalue USD more, same effect.

I have been in two wars in my life, 1991-1995, in that time inflation in my country was 19.819%, we had a 500 billion dinar bill, prices get doubled every 16 hours. I have some banknotes from that time, it was crazy time. War in 1999 was not so big, we was bombarded by US and NATO allies. Crazy but for short time, and very different from the first one.
Point is that in war some people don`t have for food, some others make fortune. Believe it or not, every war have winners and losers. Who are winners, well the ones without conscience, losers are mostly ordinary and normal people.
Back than we wasn`t so connected and we didn`t have cryptocurrencies like we have now. This change the game for many people, many will see the safe heaven in this and I think every current and next war will push people to join crypto. We are sick from governments and their wars and war profiters. Many wish to live a simple life and be simply free.

If the trade war gets messy, traders will have to short the USD and save their money by investing in something that is more valuable and that won't be affected by the USA-China trade war. Some fund definitely will flow to bitcoin and this will bring more liquidity to the market. We can't be too sure about this, but people will certainly avoid fiat as much as they can.

This seems more like a politics discussion than about bitcoin. Though I understand most of the these opinions but in the end both sides have to accept some sort of truce.

We humans often fight about our difference but in the end we have to help each other because we depend on each other. So these "wars" are just temporary. Try to project your views for what happens once the agreement has been reached for import and export. That will happen even if you think it wont. At that point bitcoin movement would become unpredictable.

Normally price of crypto currencies were calculated in USDs even if it meant to be in satoshi,so if the price of dollar gets decrease due to the trade war then the change of price of cryptos will increase normally due to the inflation rate but if other currencies are holding its stable value then it won't affect the crypto market that much.

I dont think that trade war may really affect crypto. Much greater impact will have crypto ban in the US and i hope that it wont happen

There are no eternal friends and foes, only eternal interests. Each country has interests that it feels are more profitable to conduct and continue a trade war than not. With the situation of the trade war between China and the United States, true business people, with their mapping and conflict management capabilities, keep trying to make a profit.

Without underestimating China in my opinion, America will win because the level of American dependence on other countries is very small compared to China.

What is the impact on Cryptocurrency?
There is no significant impact on crypto from this situation. It's just that if the trade war goes on for a long time the downward trend in the value of the Yuan will continue to be felt by Chinese market players. A continuing downward trend that lasts a long time will open opportunities for money owners to invest in cryptocurrency simply because bitcoin/cryptocurrency is the most suitable investment in this millennial era.

It will be interesting to see what happens, traditionally investors have used the US bonds and the dollar as a safe haven, but what will happen if those two financial instruments get attacked? Taking into consideration how indebted are the US and other western countries it is my belief that the next crisis is going to be many times greater than the crisis of 2008 and if it is true many will try to find refuge in precious metals, but there will be a minority that will use bitcoin and other cryptocurrencies which is good news for us since the price will have to go up to match the demand.

Cryptocurrency will be an alternative way in addition to choosing gold for investors to save their assets. need Safe. because crypto is not in favor of any one country, in contrast to fiat money which is strongly influenced by the state of a country.

Perhaps, the cryptocurrency can be a new solution for the investor to save their money and moves it into cryptocurrency. But they will need to be prepared to see the fluctuated of the price and I don't think that they are ready to see that. But so far, I don't see that the trade war influence on cryptocurrency (or I miss something here). It is interesting to see if the investors decide to moves their assets or money to the cryptocurrency, and that will affect every coin at the market. There will be a big demand from the investor, and that will lift the price to the higher price and who knows, that will trigger the bull run to comes early.

I think trade war between US and china not give much impact to cryptocurrency, as we knew cryptocurrency is global money and no one can control them. Maybe goverment can make a regulations or banned cryptocurrency, but actually it's still a live. Something that make cryptocurrency valueable is from crypto developer and also community it self.

It is obvious that right now they are not ready to do so or bitcoin will be worth a lot more than 10k, but if the trade war between the US an China keeps increasing in its intensity we may see more investors willing to accept the high volatility of this market, just as we have accept it, in return of holding an asset that is not linked directly to any of those two economies or their interests abroad, to me that this war is still going on is a sign that the next big economic crisis is drawing closer and we need to prepare ourselves.

I believe whenever there is a two powerful nation having conflict with each other, a domino effect will always trigger.  This will also affect cryptocurrency, we may not feel it right now but if this trade war prolongs, I can see people moving to cryptocurrency to evade several restrictions made by this conflict.  I can say, it might be bad to both country but maybe it will be beneficial to cryptocurrency.  Imagine, funds from affected stocks in the market flowing in to cryptocurrency market.

I think crypto-currency is different then this type of trade competitions, it’s can't do any effects over cryptocurrency markets. look too much differenc.       

Trade war will have an impact on the economic state of things because what they are trying to aim is to stifle the economy and the importance of bitcoin comes when these governments around the world understand that bitcoin will help to over come these centralized restrictions imposed upon them and that trade is meant to be restriction free and we need a global free market and bitcoin is the currency for that economy.

Trade war is not yet applicable in crypto, restrictions are limited only when one country acknowledge crypto as source or useful method of paying in their government or country, or limitations on buying and selling in specific exchanges managed by trade war involve countries that may affect their economy. So far, cryptocurrency were not really affected by the trade war happening now.

If you do not have much experience to surf, you should switch to USDT and wait for the best market to invest and make it easier.
Do not try to trade or invest at the moment, the charts are also not clear on the trend. So now is not a good time to trade.

If they have to avoid fiat then they will choose gold instead of cryptocurrency that well known as a high volatile and high risk in it to lose value.

It's indeed there might fund flow to crypto with the situation getting heated especially for Chinese and US investors itself , still as you can see by these days there's no a high push in the market to bring a bull sign.

Which means... nothing really influenced by the trade war over the cryptocurrency space, but people trying hard to relate these two stuff.

The trade war that they are having is not as a result of cryptocurrency but as a result of something different entirely and I think that would be there focus first for now, if they are going to consider cryptocurrency, that would even be anything outside cryptocurrency or anything that is after their trade war which I think would even be resolved very soon.

US perspective view of cryptocurrency generally has not been encouraging, if we hold it from the words of trump spoken against bitcoin, so I didn’t think we should expect any favorable effect of the America or china on bitcoin, and I don’t think that their war should have any slight impact on bitcoin market, but there are too many things around us that influences crypto more than the trade war.

Many of us want Bitcoin at $50k at the current purchasing power of US Dollar, but if BTC rises to that level just because the buying power of USD decreases 5 times, there's nothing good in that, imo. When many people around you suffer big losses, you inevitably suffer as well, even if you can technically buy the same amount of goods/services as before. For one thing, the criminal landscape can change for worse with the inability of many people to make enough money legally. But even without that, it's hard to imagine, how can one be prosperous and happy when many people around suffer.

I don't think the trade war will have a big impact on this market. If this market was affected by the trade war, BTC would have gone up sharply when the US imposed Chinese taxes in early September.

It is difficult to estimate the impact of trade war on the price of bitcoin or cryptocurrency because we know that bitcoin or cryptocurrency has not been recognized in many countries as a means of payment. Maybe it will affect the price of bitcoin or other crypto but in my opinion it will not be significant because basically trade war is a war to take over the dominance of world trade

U.S. trade war with China may only have a slight impact on the development of crypto prices. It will probably have an impact on the economy in every country. The Bitcoin movement is influenced by demand and acceptance. So this price of Bitcoin can also rise very high because of the large demand, but if the reception is small, the price will decline sharply.

So how can you connect that on the trade war? It is true that bitcoin's price depends on demand and acceptance but when it comes to the trade war, how is that connected? That is the reason I don't think bitcoin will be influenced or be affected by it.

Well, we can say that, but we don't know the truth. But if the stock market is down, then it might affect the cryptocurrency, and that means, we will see so many investors will come to the crypto market. The trade war will impact to the country, and in this matter, it's about the US and China, but we don't hope that it will disturb the economy of the other countries. But what you say could be possible to happen as bitcoin will be another choice for the people in the US and China to make the transaction.

- I don't think so, bitcoin will get a certain influence from this trade war, the explanation for this story is that the value of Chinese currencies will be reduced when they no longer cooperate with the US, they will be affected economically, besides this story, the US also has an influence when its stock market also has some links with China. And the solution is to move to other assets without being affected, even profit, crypto and bitcoin are probably very well known as a way to increase assets and make money, crypto market will have fluctuations in this battle

If the trade wars continue for too long that would mean that countries will not be able to trade with each other with ease which would result with product prices going up and that is why the inflation will go up and that is why bitcoin will go up.

However, I think no country can afford to continue this for too long, not USA, not China, not UK and maybe Europe, I mean Europe is the least affected one among all of this, UK does need EU but EU doesn't need UK that much, they are still consisting of ton of countries and whatever UK has brought so far will be replaced by other countries collectively, even if not to the fullest it will be covered a bit. So, maybe EURO-BTC price won't be affected as much as POUND-BTC or DOLLAR-BTC pairs because of not so high inflation there.

Or, in other words, the price of BTC will not be affected in regards of its buying power. If I was sure that this scenario would unfold in the nearest future, I'd bet on EURO then, especially being on the place of average people who are still afraid of Bitcoin. But what I personally believe is that Bitcoin is still undervalued today, and that it's price can rise not only because of the inflation of fiat money, but due to wider adoption, and that people who invest in it now will not only save their money in the sense of their buying power, but will be able to buy more goods and services compared to what they can buy now with the same amount. That's just my opinion, of course, I know, I can be wrong.

I think if we look at how many new companies go into crypto we can estimate how much money is going into bitcoin because of this. For example just recently there was a new ETF that was for limited investors and only 50k dollars was invested, so we know that was for nothing, if it turns out that trade war was not affecting bitcoin neither I wouldn't be shocked.

Look at the price, it hasn't moved in the past 3-4 months easily (it has gone up and down but nothing major) which means this trade war hasn't affected bitcoin in the slightest, maybe there is some small ones but it is not big enough to make a difference so I doubt there is any influences. If there was an actual spoken big war then maybe there would be a huge impact but for now this doesn't change anything.

If you put it like that then it's undervalued for sure, but it's only like that for people who understand what Bitcoin is and how fundamentally important it could be in the future as a digitalized decentralized form of value.

I however do think that we need to find some more stability in order to make people feel comfortable enough to consider it money and a store of value. Currently the volatility is scaring them which is kinda understandable.

Bitcoin's benefit is that there is monetary utility that can be easily utilized, which is an incredible selling feature. If you look at gold, people only talk about it during economic turmoil but largely ignore it when the economies are strong.

It pretty much means that when the fear of a recession dims, gold will be sold to have that capital be utilized in a more efficient way. What else do people need gold for who don't care about its physical properties?

Honestly, the volume of trade in the crypto world is so low and niched that I don't think it has any tangency with the "real" economy and its "wars".
Bitcoin leaps depend much more on whale speculation.

Of course, I agree with you that the cryptocurrency market has its own war, because of which there is not always a favorable pricing for many coins.  Nevertheless, I want to draw attention to the fact that the capitalization of the cryptocurrency market is 264 billion dollars, and this is a lot of money to leave them unattended.  It is because of this that today many governments and specifically taken people are waging their political and information war in relation to cryptocurrency.

Gold has been highly valued for many centuries. Nothing gets as much hype as gold, neither in the past nor in the present. That's why I think that gold can go only one way in the sense of its buying power, down. Of course its price will increase in the case of hyperinflation of fiat currencies, but its buying power will stay the same at best.

Bitcoin, on the other hand, is getting more negative publicity than positive, starting from its creation. It is highly likely that most people on Earth heard something bad about Bitcoin rather than something good. It would be one thing if the negative publicity was deserved, but since it wasn't, I think Bitcoin has great potential in the future.

I think that the best shelter for cash is still bitcoin. where new investors are keen to buy to increase the value of the money they are having in the upcoming recessions.
Anyone who knows bitcoin has a deflationary mechanism and no one runs it, that's why it is growing stronger and scarier.

I think we should all use money to buy Bitcoin and invest in it. because Bitcoin is always in high demand and when the recession starts, people increasingly want to buy assets that can hold back their value, such as gold or Bitcoin.
Therefore, choosing to buy Bitcoin is the best way to not be affected by the recession.

I think trade war between US and China will not give any effect on cryptocurrency because the fact is cryptocurrency (especially bicoin) is just a new source of investment and also until now, the tool of world trade transactions still use fiat money (in some countries maybe use gold) not use cryptocurrency. You can see, when the Chinese government is devaluing the value of their fiat money (Yuan), the prices of Bitcoin and Altcoin were relatively stable. so, I doubt if trade war will have a big influence on cryptocurrency

That’s right but since the market is still down, we can conclude that the trade war is just a war that can’t affect the crypto market. Maybe in short term there is no effect but we can’t be sure if the future will still be like this. Trade war between the USA and CHINA makes an impact on some economy and businesses, its good that bitcoin is still not affected and its good that we still see bitcoin kickin. The price of bitcoin will move up on the upcoming halving, let’s be patience on that.

We hope that it will not give a negative impact but only give a positive effect on the bitcoin because people will save their money into another form or another investment. Bitcoin could be the next of the best investment for people and who knows, with that moment, many people will realize the benefits of bitcoin to them so they will invest their money in bitcoin. If that happens, then we might see an exploding of the adoption in cryptocurrency because people want to move their money to the other investment.

In my opinion what happened in the trade war is more to affect the value of imports exports from the two countries, indeed if it continues it will affect the economy in the world because the us and china have a big influence on the world economy. From that point in my opinion the bad impact will be a little to crypto, cryptocurrency is more decentral so external influences won't have a big impact.

With the trade war going on it will make the economy not conducive, it is our hope that investors can see bitcoin and invest their funds in cryptocurrency, so this will have a positive impact. especially after the bakkt later, it will increase the confidence of investors and also the government, so that mass adoption will soon occur

Golds only reason to get any attention is that there is a limited supply and people really value it. The sad part about it is that there are stuff we use gold to produce, and sometimes they go to garbage, sometimes they are lost and in the end there is really a limited amount of gold, which means it will eventually get more and more valuable and will be literally unpurchasable for regular people at one point.

Same goes with bitcoin, just 21 million at max and we already lost millions of it I am sure, with more time passes there will be more losses and people forgetting their keys and all that which will eventually reach to a point we may end up with less than 10 million, that alone would make bitcoin go up super high in price. The resembles are uncanny.

   Nobody can predict the future. Trade war is ongoing, predicting the outcome is impossible, what we are doing in this times is choosing sides. With using
crypto-currencies we made our choice and now we can hope for the best.
   Trade war is a global thing, it hit`s every country and all the people, in some way. Trade war will have influences on crypto-currencies, I believe in positive way.
People will see that this is a better and safer way!

Gold price has increased since the beginning of the trade war, it's true. But will it be increasing more is a big question. Don't forget that there are over 190,000 metric tons of gold on Earth, and almost any household has some gold in their possession. Since most people are poor, they start selling their gold when the price rises thus preventing the further rise. Also I read some articles where rich businessmen were saying they would rather bet on Bitcoin than on gold these days.

Even with that 190,000 metric tons, gold will still be as coveted as before. It is gold, after all. Just like Bitcoin, gold has its ups and downs on its chart but if you zoom it out, it will show you an appreciating asset.

If this kind of trade war continues, I think it will benefit both Bitcoin and gold. Both are a safe way out when fiat currencies are fighting against each other. There's depreciation going faster with this uncertain and turbulent setup. But I doubt that the majority of businessmen will get into Bitcoin rather than on gold. The best possible scenario is that they will include a good amount of Bitcoin in their portfolio.

They are just using the trade war to make a rumour that it will have a good positive on cryptocurrency specifically making the price of bitcoin surge up because of that economic problem. And now it is clear that it still having no positive on btc effect because there is no connection on increased tariffs to make the chinese buy crypto because of it. And if you want to avoid losses as an ordinary investor, don't believe anything that is hyped or shilled at you.

but if external influences do not have a big impact on cryptocurreny, why is it difficult for the crypto market to rise now? US and China have a big influence on the world economy, do you think they can also make a world economic impact on cryptocurrency?

It dose not create any set backs relating to trading even the trade war occur it depends in what way the market is going through and increase the reputation among est different facts that creates the major factor that enhance the possibility to you if you wanted to invest the BTC is reliable one which does not effect their tendency so you do not depressed and get the possible scenarios to avoid looses.

according to the news I got,
the reason China issued their country's cryptocurrency was an attempt to counter Libra cryptocurrency,
I am very optimistic that the CHINA & US trade war will provide clarity and new hope for the future adoption of cryptocurrencies in the future.

IMO, Investors who have entered at the wrong price must "HOLD' until the Bullish market recurs,
so that investor losses can be reduced.

Of course with thousands of years of appreciation gold can't lose its value in no time. No doubt that currently the majority of businessmen would rather invest in gold than in Bitcoin. But let's think of what can happen in the nearest future if, due to fast technological development, gold will be replaced with some sort of a synthetic alloy that is more efficient in conducting electrical charges? What if gold will be replaced in dentistry as well? What if gold jewelry will be out of fashion? In this case the price of gold can go down big time.And I wouldn't say that this scenario is highly improbable.

Looking at how libra may not even happen, it looks like china crypto currency can get canceled as well, it was definitely just a counter measure against Libra that part is known but if Libra doesn't happen do you really think China will continue with their own crypto? They definitely could, its still on the table but I feel like the only reason they will do it will be gone and they will have no other reason to do it. Its a risk they will not be willing to take and I honestly think its just a method of prevention for them.

However, if they continue with it than we will see the first big nation with its own crypto (Venezuela had one I think) and see how well it does and according to results of that we may see other countries doing the same as well or china will close and there will be none.

Of course, China and America are two most valuable could try when it comes to economic growth. But basically, cryptocurrency do not have something to do with the trade wars since it is only applicable for golds and traditional trading.

A trade war does not influence the cryptocurrency and cryptocurrency is already in demand so no trade war influence.

There is not much that BTC market is influences by nowadays.
All the big news about some shop chain adopting btc do nothing, stock market movements also seems to have no impact on btc price. The same goes for trade war, no influence. To trully get influence on BTC market something huge has to happen, or just the current money should get the price to level which makes new players believe that btc will go much higher, like price of 14 k

The trade war always creates an opportunity for cryptocurrencies when all the countries participating in the war are negatively affected by this war. At that time, paper money will gradually depreciate due to the influence of the countries that have a more significant impact on small states. Cryptocurrency can replace paper money as a payable exchange worldwide with one click.

Indeed, cryptocurrency has nothing to do with the trade war but at least indirectly it will have a negative impact on any existing asset. So the influence is definitely there even though it's not very visible and if cryptocurrency can make something more positive for trade between the two countries and maybe even the world, then of course it will be the best way to stabilize the disputes that occur.

Gold has been around for far longer than bitcoin but when you look at it there are not that many gold owners that makes any headlights, there are few hundred companies and all that but the small time "I got a gold bracelet" type of investments are not really that big of a deal so the remaining parties who hold over 10 million dollars worth of gold and the people who hold bitcoin are almost the same, of course we have to make it over 10 million for gold and all bitcoin holders but at the end of the day we always said the same thing, bitcoin is both dollar and gold at the same time and people didn't understand it.

It is dollars because you can spend it to buy something easily via online purchasing, it is gold because you are holding an asset that gains value when others fall.

And yet people are more likely to buy gold for hedging their savings. They continue to believe the old myth that "gold only rises in price", despite the fact that gold was $1,838 USD/oz in 2011 vs $1,497 USD/oz today. Too many years before the 21st century gold was indeed the best investment, so it can take some time before they realize that it is not anymore.

Trading wars can be a very big influence because there will definitely be those who use cryptocurrency to make money transfer transactions or use it for money laundering, so I think this cryptocurrency can have an influence that will make cryptocurrency prices go up or down depending on the war actors who wage war what use cryptocurrency trading is used for.

Bad publicity is still a publicity, I think any news regarding bitcoin will get the attention of the people because that is the main key for bitcoin price to go up, increase the demand of the people I am sure that the bitcoin price will pump. but yeah some news still making the bitcoin price to dump.

It is true that external factors are not moving the price of bitcoin that much anymore but this should be good news because it means that investors are more concentrated on internal events than in any external influence, however if external factors are huge enough you can be sure that bitcoin will be affected by them, and if the trade war continues and even escalates to the point that we begin to see an economic crisis then you can be sure that bitcoin will be affected by it.

But in what way bitcoin will be affected by an economic crisis? That is what I would like to know, it could be possible that bitcoin will be affected negatively since people will want to get their money out of volatile investments however it is also possible that the value of bitcoin could go up as people lose confidence in fiat currencies.

I think, there will always be both kinds of people: those who prefer to invest in gold and hard currencies like US dollar, Euro, Swiss franc, British pound sterling and Japanese yen; and those who have more trust in other things, be it other than gold physical commodities, cryptocurrencies or something else. Although the former types are still the majority, there are millions of people losing their faith in gold and USD, and turning their sights to new opportunities.

Some aren't making sense anymore, some of them are just one-sided. It becomes an influential tool in the market since a lot of people are listening and watching TV news which it exactly could create such market drama. If we are thinking that crypto never gives benefits to the community, its something we have to agree of those false accusations towards crypto.

I think these trading wars will positively affect gold and cryptocurrencies. Because of this trade war, people are looking for a safe harbor for their money. And I think the best option for this is cryptocurrency, because we all know that crypto currencies are decentralized, uncontrollable and cannot be confiscated by states and banks.

the trade war is good for cryptocurrency. Actually, it doesn't have much of an effect on it. Bitcoin and cryptocurrency is going to succeed regardless of any trade war or other war because ultimately the technology is what matters at the end of the day, and people are benefiting from blockchain technology on an everyday basis.

This is a very good opportunity for the people who want to make a lot of money. We should put our money now to the cryptocurrencies so we can be the first one to invest before the people who are currently still in the stock market so if trade war gets worse and the people panic there and jump into cryptocurrency then we will have a lot of profit and we can use the profit to buy stocks from the stock market which are in a huge discount and wait for the market to recover and secure our profit.

Fiat trade war sounds good for bitcoin to me. The more people fear for their fiat money, the more they look for investment vehicles like gold, or even better BITCOIN. It's no surprise . because we've seen this happen already take for example Zimbabwe. When that country's inflation rates resulted to the government printing billion dollar bills everyone tried to preserve the value of their money by investing in bitcoin.

If there is a complete trade war upon goods between both these countries and services trading is still on then btc can actually benefit from it. Because people who are really in need of certain services will have to buy them at any cost and they might consider btc as a payment option so that they don't come into the picture.

Politically speaking i Dont think it could have an impact on btc as whole because BTC doesn't have much impact on global trade relations as not much of the trade takes place in bitcoin. But yes if in such cases there is an economic shakeout then people could consider investing in Cryptocurrencies as an option.
this is not happening. Such trade wars Don't hype upto hyper inflation or anything because both countries know that what is at stake at most they would just stop cross ocean trade for sometime and nothing else. Things would be restored to normal later.

I think that war trade have limited influence on crypto
Trade war was advertised like a factor what is causing bitcoin bull run.i think it was just a hype
China is not buying bitcoin because yuan felt a little.China is buying gold
Crypto currencies has his own life and bitcoin is most risky investment asset
These kind of  asset are strongly moving up when stocks are rising
It is  possible to see on bitcoin and  stocks historic data

Someone said "if you want to avoid losing in the coming economic crises, just don't put your money in the bank" buy something and leave your fund on what the banks don't have control over or don't manipulate. Investing in a more stable substance or material will better in the event of a harsh USA/Chinese trade war. Let's not talk about military war.

I don't that the war could affect or influence the cryptocurrency, first of all, cryptocurrency is an independent currency, it not base nor created by China or US, each investors has the right to invest to whom they want to invest, they can use different techniques if trading in bitcoin prohibits in their countries but as far as I know the both party already into bitcoin, and many users are there , we do also have different exchange the are base on each of it.

The only way bitcoin will benefit from an economic crisis will be if that crisis happens in Europe. The europeans have passed bail-in rules where if a bank is in trouble they can seize your savings. This is unique in the world, nowhere else allows the seizing of savings like this.

The Cyprus crisis in 2013 when they first tried this, is what brought Bitcoin to global attention as a means of protecting your money. If the bail-ins happen again, I expect demand for crypto will soar.

Not all of them are decentralized and uncontrollable, and, as we've learned from the known criminal cases involving crytpo, they can be confiscated by the state. But regular people, who are not criminals, shouldn't be concerned much about traceability and possibility of confiscation. What's important is that banks can't print BTC at will causing hyperinflation and depreciation of the currency.

As we can see the price of Bitcoin is not falling.

Another thing is that there are centralized cryptocurrencies.

They are not just that popular since we all know what crypto is popular and the most expensive of them all.

In the case of an economic crisis I do not see how Europe could be spared, they are in a bad shape as most of the western world and their experiment with the Euro will certainly fail so if anything Europe should be one of the most affected zones the next time an economic crisis hits them. However I am surprised by how ignorant are people about topics like these, it is as if they never learn from all the suffering they have gone through.

Most people I know do not even remember the economic crisis of 2008 and when I tell them about it they think it will never happen again when most of the time a new crisis emerges every other decade.

Trade war is irrelevant to crypto and won't affect both parties. It will only impose stricter regulations for goods and restrict may restrict exchanges even with currencies they have, but crypto is out of the equation.

As mentioned, bitcoin is banned already in China. Rumors suggest that they will release their own cryptocurrency. I also don't know if its exclusive to China, but assessing the current situation where China's population isn't using bitcoin, what effect would it bring even if trade war happens? I don't see any possible effects.

It's not for the first time I read this, but is it true that Bitcoin is banned in China? From what I can see, Bitcoin is not banned there.

My first source, Wikipedia, is saying that only Banking ban exists, BTC is considered legal in China:

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

And my second source, CoinMarketCap, is saying that the pair BTC/CNY had the volume of almost 190 million USD during the last 24 hours on the TOPBTC alone:

https://i.imgur.com/zocJ4g4.png
https://coinmarketcap.com/exchanges/topbtc/

---

Regarding the influence of the trade war on the crytpo market, it remains to be seen. I can see no impact so far.

I think we need to look on trade war in more complex way.First of all last economic data are showing economic slowdown .It is mostly caused by trade war.Now USA imposed new tariffs on EU goods.But look US stocks there was just one strong dump and then stocks came back.Reason is hope for rates cuts and monetary stimulus
But FED meeting is at the end of October so real reason is coming meeting between China and USA and potencial agreement.If we will see next fiasco then any rates cuts will not save economies and stocks will sharply move down
Bitcoin is already down after huge sell off so i think it will not hurt bitcoin price much.However Bitcoin is performing much better when stocks are green
One is for sure for me.If tariffs wars will cause major currencies crisis then both gold and bitcoin will shine

I would not call it "shining", if the purchasing power of USD drops 3 times, while Bitcoin rises 2 times compared to USD. We don't need any crisis for Bitcoin to rise in price. You said it yourself that "Bitcoin is performing much better when stocks are green".

People hoping for Bitcoin price growth frequently forget that we can't benefit from increasing numbers. What we really need is increase in purchasing power.

I agree with you if bitcoin is banned in China, then why does china have an exchange? I mean like bibox, I think a Chinese made that exchange, actually it is one of the top 10 exchanges based on coinmarketcap. I don't hear news so far that China regulates cryptocurrency and they are prohibits it. China does not announce that they prohibits cryptocurrency especially earning bitcoin.

Bitcoin is not banned from china, people are banned on using bitcoin in China, they also shut down their local exchanges, check it here:

https://cointelegraph.com/tags/china

and this is might be the reason why bitcoin's price resurgence continue, this is a bad news. There is no specific statement yet on what is the reason of how the fire started but I smell something fishy, hmm. . . .

https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-mining-farm-china-fire-cryptocurrency-innosilicon-a9128246.html

I'm not so.sure that trade war will influence on people to buy cryptocurrencies and increase demand. Trade war influence on supply of certain goods, it might start some financial crisis too but that doesn't mean that people will automaticly turn to cryptocurrency and abandon traditional investments and fiat currencies. In fact I don't think that is going to happen at all.

Here is what I think about the trade war. IMO, the trade war will make a lot of people unemployed (the markets have crashed by up to 15% in the recent weeks). This will leave people with less money to spend and they will be forced to sell their savings (including cryptocurrency). As a result, there will be a selloff and the supply will once again outstrip the demand. In the end, it will be having a negative impact on the Bitcoin prices.

Interesting. Although I wrote that I doubted the Bitcoin ban in China, I thought that mining was banned there. I believe I read a year ago or so that miners moved from China to other places because of a new law. Also, after reading this


in Wikipedia, I thought that basically no one was mining in China any more. But apparently there were $10 million worth of mining equipment in a single place alone.

Now the trade war is still not finished between the US and China. I think trade war will indirectly have an effect on cryptocurrency. How come? IMHO now the position of China in the trade war is not good, therefore it seems that the trade war is changing into a currency war https://markets.businessinsider.com/news/stocks/weaker-currency-could-have-a negative-impact-on-markets-2019-8-1028426214.
With the issue of the issue of currency war, I am sure it will affect the global economy. Here is in my opinion the crypto opportunity. demand will be more and more!

It's now ten years since bitcoin got released and we have a fair idea of what makes people adopt bitcoins. Recessions by themselves don't do it.

Banking crises do. The first time bitcoin went mainstream was during the Cyprus crisis where people's savings got confiscated to save the banks. The 2017 bubble was down to bitcoin becoming a fashionable investment amongst millenials.

So two things drive adoption: fashion and banking crises. Recessions and trade wars are irrelevant unless they also cause a banking crisis.

Cryto economy is not directly affected by the ongoing trade war between US and China. The conflict between two nations will affect most businesses specially those who are in import and exports industry commodity based products. If it gets worsen we can expect a high prices on basic products and people will suffer.

Thats, like you said would not affect the crypto market directly. However if we extrapolate this and in case the trade war remains, we might see a rise in price of common goods and the purchasing power of people will drop.

This may be both good and bad for crypto. Good in case people decide to move on to crypto marketplaces and promote their usage over fiat, not that prices would remain lower there but still its worth a try. It can be bad if governments decide to bottleneck crypto transactions and that could be worse for the merchants using crypto.

Honestly I don't think there will be any influence on the cryptocurrencies until and unless they go to the point where the war is going to be too serious and too big therefore I think it will be fine .. as far as we know they aren't breaking any laws and going too deep , it's all political and God for it we spin under war and recession where everything will go down .
Right now it's just in the papers not that much for real.
War is scary let's just call it a problem between two Nations .

in my opinion a trade war that occurred between China and America. will not have an impact on cryptocurrency. because the war that occurred was related to import and export tariffs between countries. this war will have an impact on the fiat currency exchange rate but not the digital currency. Decentralized cryptocurrency is not affected by political issues and relations between countries in the world.

They both are powerful nations and want to dominate each other on economic fronts but the trade war between them is related to fiat or legal currencies like USD so it wont have any significant effect on the prices and growth of cryptocurrencies.So we don't need to worry about it. It is political war between the currencies relating to financial matters and crypto is not a part of any government sysyem.

Though it seems hard to believe, it is true. Politics and foreign relations do influence the market be it stocks, metals, commodities or crypto. The first three have a bigger impact than crypto, which is why the notion of bitcoin is not affected by politics has become popular, though its actually false in many cases.

But currently the trade war is more in a truce. We have seen China trying to get cheap hardware to sell to every company and consumers not looking to the longevity of the product go for such cheap products. Since many people think US controls the bitcoin market so they under this false pretense will think about selling off their bitcoin assets and invest in something else.

However the bigger impact of this is more on the stock market than crypto.

Trade wars can be terrible for pretty much every sort of good and resource. Items can get overrated and additionally undersold. Ventures can lose access to items, undermining their business. Stocks can lose an incentive as financial specialists become terrified that a downturn is not too far off.

Bitcoin is another sort of advantage, and it might have an opposite relationship to the US/China tradee war to that of customary resources.

crypto market and trade war between China vs US, I think it has no effect. Until now China is also in a trade war with other large countries. but there is no effect for the crypto market. if one day China uses Bitcoin or other crypto for payment, there might be a big effect on the crypto market. but now it still runs normally.

In the case of the American trade war with China, America controlled the currency used for trade while China dominated its trading volume. What America is doing now is to disarm China one by one so that it becomes weak, by:
- Tariff war
- quantitative tightening strategy
- dollar go home strategy
- tariff war
- instability in Hong Kong
- attacked through its industrial energy supply
- containment

If China buys Middle East oil 30% more expensive, so America attacks Chinese energy sources, automatically if the price of oil purchased by China is more expensive, then the price of Chinese manufactured goods is also more expensive. With the tariff war, the prices of Chinese products entering the US are also more expensive. The aim is to drive American domestic manufacturing and industry

The issue of a trade war has absolutely no significant effect on bitcoin, only with the signal that the trade war continues to place a slight fear of future business and stock prospects because the trade war is correlated to a slowing global economy. This momentum provides positive sentiment on crypto assets, especially bitcoin as an alternative investment trend other than gold. Market reactions correlate in various periods depending on external factors.

It can't affect cryptocurrency price direclty, but there are positive and negative effects to this if the trade war between these two countries carry on. For instance, most cryptocurrencies in China are already dead because of the total ban on them, people might still resort to it otherwise because of the decrease in purchasing power of their fiats which can then cause cryptocurrency prices to increase, but their respective governments can also impose strict regulations against it on the other hand that would cause crypto price to drop.

I don't think it makes sense to bring bitcoin to the fore in trade wars. Bitcoin contains risks for all countries. Whichever country has larger bitcoin stocks will prevail. It may not be useful for Bitcoin. I think a quiet rise would be better.

Since it is decentralized and not controlled by any governing body, investments and money would be safe and unaffected by ongoing trade war between the two nation. In effect, a possible increase in demand for crypto currency might take place during the trade war causing a decrease in supply and might trigger a pump on the price of crypto currency. This might be the possible effect of the ongoing trade war between the two nation as long as restrictions against it would not be implemented in each country.

Not sure if it has any affect on the cryptocurrency market but if anything it should help the market and hurt fiat currency.

I do believe bitcoin becomes the alternative opton wherever economic activity is limited. Though the effect maybe indirect, but businessesmen are looking option to circumvent the situation.Bitcoin and other cryptocurrency  poses to solve this situation as a solution to this gap.

I've noticed pretty much same pattern - if some news/events are getting usd lower it causes bitcoin's price grow and so does the whole crypto market
I was observing it for several months now and there were just couple contradictions, but mainly confirmations of the theory

of course if the trade war continues then China will be anti-dollar, especially as China has products in almost all countries. of course this will harm the US because the demand for dollars will decrease. while crypto can be a third party that benefits when fiat currencies flare up

The trade war not gonna have any effect in cryptocurrency it just affects the countries involved in it the one which exports a lot will face fiscal deficit issues as their dollar inflow will get affected on it but they continue import goods by paying dollars

We are starting to see a fight line drawn for a worldwide money related matchless quality, with China offering speaking to brought together contron and including the concealment of outside impacts.
The legislature of china had a colossal history of profiting by the intensity of centralisation.

Possibly some of whales are linked indirectly to these governments, I mean the US and China  that's why the market is so volatile in all the time,  These strong countries are controlling the world economy, so there are some negatively influences just for traders and particularly investors.
In fact, it is not easy to avoid the financial losses because the whole market is controlled, but you just need to deal with it especially the worst situation. The investors can easily guaranteed their profit through investing in BTC and Ethereum in a long term and remember that the halving is coming soon.

Why do you say that the whole market is controlled? Is this a real form so that the prices of bitcoin and altcoin can be manipulated?

IMO, So far I know that some people can move the market and it requires quite a lot of money and not all markets can be controlled. Bitcoin and altcoin are assets that are easy to change and this depends on demand and supply. Although there is still the possibility of price manipulation, I am sure they cannot control it forever because this community has existed for more than a decade and many of them have extensive experience and knowledge.

It affects, but rather cryptocurrencies benefit, this is a very good way to transfer significant amounts without extra eyes.

But most importantly, cryptocurrencies can be used to overcome various kinds of sanctions and embargoes, and this is not cool.

In general, a trade war can play positively for cryptocurrencies. In particular situations when you really need to send a significant amount of money in the shady way.
Nevertheless, this money cannot directly affect the economy because while it is in the "shadow" it is impossible to use it, that is, someone will have to wash it.

Here again we are faced with the problem of the connection of bitcoins with something illegal. In addition, during a trade war, one of the parties, for example,
China, can manipulatively invest in bitcoin or increase the excitement so that the whole world will invest in it, thus imposing the rules of the game on its opponent.

Yes nothing is for sure, it is possible that bitcoin can pump because people might convert their fiat into bitcoins believing that it will not be affected by the issue. As an investor one thing you will probably do is to pullout your funds if there is a possiblity that it may burn because of a certain event. Like Gold, bitcoin can be one of the tjings that cannot be affected so  much.

In general, a similar scenario is quite possible. But only if one of the parties, for example China, wants to free its economy from dollar dependence by switching to its own currency only in another form of collateral.
For example, a fully digital currency. I am sure that it will not be Bitcoin, because Bitcoin is under the control of other people, to one degree or another.
China will not be so stupid as to assure its economy in such an ambiguous situation. Therefore, China is creating its own digital currency, national.

Probably China is considering a similar option of switching to a fully digital asset of its own production and is preparing the ground for this.
It is not known whether this scenario will be realized, but China is clearly expanding its capabilities in this regard. As for the trade war, this is not beneficial to either side.
Trade contributes to the expansion and growth of the economy, which means that war adversely affects the welfare of both countries. I don’t think the trade war will last long.

Even though China is intensively conducting its Yuanization program, China is doing it very carefully because the majority of China's foreign exchange reserves are still in the form of dollars, besides that 58% of global foreign exchange reserves are still in dollars. In this position, the dollar is still mighty to become a monetary stabilizer in China and almost all countries in the world. Dollar ownership can serve as a shield against global economic turmoil and currency devaluation risk.

China might make a total deduction, if:
- It can change all foreign trade in the form of Yuan. Despite the fact that China keeps the Yuan exchange rate weak against the dollar, yen and US dollar in order to win the trade competition, so the price of goods from China remains cheap. While payments in dollars are certainly more profitable for Chinese exporters.
- If you have replaced the foreign exchange reserves in the form of other currencies or gold. Despite the fact, China also often purchases Government Securities in dollars with the aim of having an influence on other countries' economies.

As Joseph Trevisani said: "US and China sign historic trade deal" I think this can resume the current situation. Is not the end of the world as people are saying...

Source: US and China sign historic trade deal (https://www.fxstreet.com/analysis/the-us-and-china-sign-historic-trade-deal-202001151827)

In the conditions of a trade war, many shadow transactions are carried out with the help of cryptocurrency.
I can’t say that it’s good, but it’s definitely not bad. Indeed, in essence, during such wars, countries build walls between themselves that interfere with the flow of capital, and cryptocurrency helps to circumvent restrictions of this kind. Cryptocurrency - expands freedom, but what extends human freedom is always highly valued in the world.

 Of course these nations will continue to work together, do you really think that they will never trade with each other or somehow have a "economical cold war" type of deal at year 2020? Thats impossible and could never work because all nations need each other. China has immense population that it needs to feed and it has a lot of work force that is ready to work for basically peanuts, if they don't work with USA who can pay those peanuts easily but a combined trillions of dollars, China will go into debt. Same goes for USA tho, if they don't use China, they will have to pay someone else a lot more money which would ruin a lot of companies and that will result with USA losing a lot of money at a time when debt goes off over 20 trillion dollars.

 These nations need each other, and not just these but basically all nations, without each other we can't be self sufficient to produce every single thing our citizens need, so politicians can do or say whatever they want but in the end they will find a middle ground for everyone.

Nevertheless, it is quite difficult to say what consequences for the economy will have such transfers. After all, shadow money does not emerge in the economy in its purest form, at first it is laundered by criminal structures or cryptocurrency exchanges, or casinos, or something else. Such money does not affect commodity circulation between countries. Of course, the possibilities of this kind that cryptocurrencies provide us with are very positive, but there are also negative consequences.