Bitcoin Forum

Economy => Economics => Topic started by: Shafay on February 17, 2017, 06:36:20 PM



Title: What if? Just asking opinion
Post by: Shafay on February 17, 2017, 06:36:20 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 


Title: Re: What if? Just asking opinion
Post by: The Sceptical Chymist on February 17, 2017, 06:39:16 PM
You kind of answered your own question there.  If anything collapsed the power grid, bitcoin would be worthless.   Precious metals would be the go-to asset, with guns and food.  But would a war cause that worldwide?   Probably not.


Title: Re: What if? Just asking opinion
Post by: ImHash on February 17, 2017, 06:51:15 PM
My fellow earthlings need not to worry what happens if the third world war is ignited because no one will live enough to do anything whatsoever if it does.


Title: Re: What if? Just asking opinion
Post by: cpfreeplz on February 17, 2017, 06:55:30 PM
Power outages? People would use generators. Bitcoins would skyrocket in price because certain fiats would be worthless. So it's all relative. Your bitcoins won't be able to buy you more but they'll be worth 100,000 USD. That's what I see happening. With trump in office this is inevitable so we'll have our answer in the next few months.


Title: Re: What if? Just asking opinion
Post by: Shafay on February 17, 2017, 07:02:51 PM
Power outages? People would use generators. Bitcoins would skyrocket in price because certain fiats would be worthless. So it's all relative. Your bitcoins won't be able to buy you more but they'll be worth 100,000 USD. That's what I see happening. With trump in office this is inevitable so we'll have our answer in the next few months.


Hahaha well I hope it doesn't happen that soon , 😂


Title: Re: What if? Just asking opinion
Post by: bitbunnny on February 17, 2017, 07:32:22 PM
If world war III happens, which I hope not, afterwards nothing will exist, and not the Bitcoin. That would be the end of the world. And with no electricity, internet and communications there is no use of Bitcoin. I can't see how anything could survive the WW III so this would probably mean the end of Bitcoin too.


Title: Re: What if? Just asking opinion
Post by: BingoDog on February 17, 2017, 07:37:10 PM
If this war happens at first bitcoins may have even higher value but soon it would probably become usless. Everything on this world would be ruined so how could we use Bitcoins without internet connection and infrastructure? Unless this is secured in some way and working without any interruptions which is not very likely. I think that third world war would also be the cyber war.


Title: Re: What if? Just asking opinion
Post by: thebatletbet on February 17, 2017, 07:50:14 PM
the first maybe is good placed about world war  effect to bitcoin price is good post in politic & society section
if world war bitcoin can use finance logistic mobile and fast transfer to many people all the world in conflict
and bitcoin price can incraese high


Title: Re: What if? Just asking opinion
Post by: Pab on February 17, 2017, 09:08:39 PM
WW3 f that will happen you will be worry not about bitcoin price but how to survive,if you want to experience how it could be travel to Syria you will see bitcoin rocket there,or west Ukraine


Title: Re: What if? Just asking opinion
Post by: Kevin77 on February 18, 2017, 04:46:12 AM
What if World War 3 breakout ?
There were similar discussions in the past :
https://bitcointalk.org/index.php?topic=1405976.0  Will Bitcoin survive world war III?
https://bitcointalk.org/index.php?topic=521965.0  will world war 3 mean bitcoin goes to the moon?

The only conclusion, if power stays with humankind we can assume bitcoin will continue serving us. It either one will not, that would be the end of everything.

WW3 might lead to complete extinction of human from planet earth. Because atom bombs are becoming common for any country, if it will be used we cannot imagine about retaining earth a life friendly. Another war might be the end for human race.


Title: Re: What if? Just asking opinion
Post by: bamboylee on February 18, 2017, 05:17:22 AM
If world war 3 breaks, I will be more worry about surviving than the price of bitcoin. But if you have time to collect wealth, I will go with precious metals. In WW2 some fiat are rendered useless or no value, it will happen again on the next war.


Title: Re: What if? Just asking opinion
Post by: avikz on February 18, 2017, 05:31:57 AM
If WW3 happens (The chance is good because Mr. Trump is the president of US) bitcoin price will not go down, instead it will go up manifold. because people will turn to bitcoin transaction as it will hide their identity. Gold and paper money will be riskier to stack as it can be found. So people will turn to internet transaction more.

However, if the internet system faces trouble, then the transactions will take ages to confirm and overall transaction time will increase a lot which can make people turn down bitcoin transaction offer and look for other options for transacting money. But I don't see any reason that bitcoin pricce will go down.


Title: Re: What if? Just asking opinion
Post by: HabBear on February 18, 2017, 06:01:28 AM
If WW3 results in a loss of electricity we won't have access to our bitcoin - remember that.

Bitcoin is not a "doomsday" currency. If WW3 is like WW1 or WW2, bitcoin's price will probably rise and after the worst is over it'll be widely acceptable again across the world.


Title: Re: What if? Just asking opinion
Post by: Xester on February 18, 2017, 06:15:34 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

It all depends on the situation. If you look at world war II there are several wars that are happening in the world but there are also countries that are not included in the battle. There are 3 possible things that will happen to bitcoin if WWIII happens. First if the situation is a doomsday scenario when thousands of nuclear bombs are released in an instant then we are all dead and bitcoin is no more. Second, probably there will countries that participate and some will not, this may cause the bitcoins price to go down due to war. Third situation because war is inescapable the people will withdraw deposit on banks and will buy bitcoins and bitcoins price will skyrocket, bitcoin will be bought to escape from an economic breakdown due to war and bitcoins will be stored in flaskdrives then they will migrate to countries that are not affected by war and use those bitcoins to start over again.


Title: Re: What if? Just asking opinion
Post by: carlfebz2 on February 18, 2017, 06:25:18 AM
If theres a power outage then not only bitcoin would die but all economic activities that do normally operate and we all know that all depends on electricity even theres internet and electricity is gone then it would be useless bitcoin might stay on our wallets but theres no circulation since people cant do transactions in the absence of electricity.


Title: Re: What if? Just asking opinion
Post by: hase0278 on February 18, 2017, 06:31:28 AM
I really do hope that world war 3 would not happen but if it is, I think bitcoin might be worthless since it can't be used without proper internet connection that will surely be out when world war 3 broke out. Economy will also suffer if this happens but probably food, guns and other deadly weapons will rise in terms of price because the demand will also rise.


Title: Re: What if? Just asking opinion
Post by: Idrisu on February 18, 2017, 06:56:53 AM
I will not pray for ww3  because with the kind of hatred countries are having against each other I don't think live will survive it. When we are talk about war outside bitcoin all others financial instrument will be worthless, the only thing that will remain will be every body struggling for survival. Gold, silvers and others money like dollar and pounds will all be worthless.


Title: Re: What if? Just asking opinion
Post by: OmegaStarScream on February 18, 2017, 07:05:34 AM
Even though I'm holding a small amount of bitcoins and I trust cryptocurrencies , I can't say that bitcoins will be used after WWIII , the same scenario will happen like the other wars , gold will simply be the only thing that worth anything. I found it impossible for gold and silver to lose value , It's the only thing that has been used for thousands and thousands of years and still being used right now.


Title: Re: What if? Just asking opinion
Post by: Mbah Tyo on February 18, 2017, 12:01:59 PM
I think it was as bad as it will not happen in any country, if yes then not only bitcoin will most likely die this world coming to an end because it was over no more energy all paralyzed


Title: Re: What if? Just asking opinion
Post by: Tyrantt on February 18, 2017, 12:19:29 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

Well if there's no electricity than there is no computer usage and internet and therefore bitcoin would be useless. Maybe it can be helpful After the WW, since war torn countries would fall into hard economy times and bitcoin may be able to soften that a little.


Title: Re: What if? Just asking opinion
Post by: Xenophoto on February 18, 2017, 02:29:54 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

I think people would even consider putting all of their fiat money to bitcoins because if their country would lose the war, the value of their fiat would decrease and their economy would be devastated. Putting your money into bitcoins would a "playing safe" move.

Converting your bitcoins to fiat when there's a war going on would be foolish because you'll hardly find a store that's open at that time. People would consider making themselves safe before they make themselves so busy on their business.

But to be honest, when there's a war going on, none of this bitcoin/fiat thing will matter to you because survival would be the only thing that's on everybody's mind. You wouldn't see someone doing faucets at home while there's a world war going on. ;D


Title: Re: What if? Just asking opinion
Post by: gabmen on February 18, 2017, 03:00:33 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

I don't think btc or any cryptocurrency at that point would be of any use to anyone. As you've said, most likely ww3 would on a nuclear scale and one can simply note that it will affect anything we do online. So if in case ww3 breaks out, i think we'll have to say goodbye to digital currencies


Title: Re: What if? Just asking opinion
Post by: izanagi narukami on February 18, 2017, 03:25:54 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

AFAIK bitcoin based on internet, if there is no internet means bitcoin become useless. If bitcoin has no activity means that bitcoin value will decrease dramastically
As we know bitcoin is a risky investation so you can put other investment beside bitcoin


Title: Re: What if? Just asking opinion
Post by: Vaccinus on February 18, 2017, 05:09:26 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

AFAIK bitcoin based on internet, if there is no internet means bitcoin become useless. If bitcoin has no activity means that bitcoin value will decrease dramastically
As we know bitcoin is a risky investation so you can put other investment beside bitcoin

but not only bitcoin will suffer from no internet or electricity, this thread is not so intelligent, banks and everything else that use electricity and it's important for the economy of the country will not be oprative, thinking about this, money itself will not be useful with a world war 3 in action


Title: Re: What if? Just asking opinion
Post by: lionheart78 on February 18, 2017, 07:04:57 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

Well if there's no electricity than there is no computer usage and internet and therefore bitcoin would be useless. Maybe it can be helpful After the WW, since war torn countries would fall into hard economy times and bitcoin may be able to soften that a little.

It would be useless in short period of time, several month to year, but at least people don't have to discover electricity again that took humankind centuries.  Once WW 3 end, survivor will automatically restablish infrastructure and I can see the fastest and trusted mode of international payment would be Bitcoin once internet is up.  Fiat money will be stucked as local use since banking need to reestablish itself.


Title: Re: What if? Just asking opinion
Post by: Star.Wars on February 18, 2017, 07:45:28 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

It is no longer possible to have a world-wide war. No country will want to have such a catastrophe.
The 1st and 2nd world wars produced very negative consequences for humanity. I do not think they will want to live this again.

But suppose you have something like that. If is not exist in the digital world and electricity the bitcoin value will be $ 0.


Title: Re: What if? Just asking opinion
Post by: blackhawkeye1912 on February 18, 2017, 08:02:04 PM
Power outages? People would use generators. Bitcoins would skyrocket in price because certain fiats would be worthless. So it's all relative. Your bitcoins won't be able to buy you more but they'll be worth 100,000 USD. That's what I see happening. With trump in office this is inevitable so we'll have our answer in the next few months.

Is that your projection if ever that happen dudes/ Bitcoin will be worth 100, 000usd. anyway nothing to loose if I hold on to that things. :D
By the way in my sight, world war 3 in my opinion will not going to happen anymore. And if ever happen it will surely all bitcoin enthusiast will be happy. Cheers! :D


Title: Re: What if? Just asking opinion
Post by: AlexM on February 18, 2017, 08:39:20 PM
As general war and crises in a country would probably help Bitcoin rise. World War 3 is impossible without near or total destruction of humankind and most other mammals so I would suggest if we have WW3 then it will be game over for all currencies and stores of wealth. The people who survive will need to forage for food. Now lets say no one in the southern hemisphere gets nuked in WW3 which could be quite likely (maybe ignoring Australia) I still imagine that the fall out from 1000 nuclear bombs (some 1000x larger than have ever been seen before) would cause black skies, and nuclear fall out for years making crops fail, people die of malnutrition. When krakatoa a volcano last erupted it caused the Irish potato famine and the world wide temperature to drop by 1.2C for the next year due to lack of sun getting through the atmosphere.


Title: Re: What if? Just asking opinion
Post by: ethereumhunter on February 18, 2017, 09:26:52 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

Well if there's no electricity than there is no computer usage and internet and therefore bitcoin would be useless. Maybe it can be helpful After the WW, since war torn countries would fall into hard economy times and bitcoin may be able to soften that a little.

i am agree with this and we should be back into the pre historic moment and we only use traditional thing to do something in our life. i think if world war third is happen, then the impact will be bigger than world war two because each country have new weapon with the highest and the new technology so they can send their missile into every where they want and it will accurate to make a bad impact to other countries. beside that, they can use their robot to destroy one by one their enemy so they can win the war with easy.


Title: Re: What if? Just asking opinion
Post by: Omega Weapon on February 18, 2017, 09:35:09 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
If world war 3 happened we will go back to a bartering system, dollars will be useless, and the same can be said about gold and bitcoin, after some time maybe gold will make a comeback but right after the war the most important things will be food, weapons, ammo, alcohol, drugs and stuff like that.


Title: Re: What if? Just asking opinion
Post by: FlightyPouch on February 18, 2017, 10:12:48 PM
It is obvious, bitcoin will be never be the focus of the people. They will be busy saving their life and protecting their countries.
Who cares about the bitcoin price and the other cryptocurrencies. I think even in these forum there will be only a few thst will be online talking about the war not the bitcoin price.
They will care about how will they eat and will stock a lot of food. I think bitcoin will be worthless that time.


Title: Re: What if? Just asking opinion
Post by: samus.aran on February 18, 2017, 10:22:56 PM
The world is very globalized at the moment, so I have reason to believe that such event would not shut down the internet in the world, or something like that. In addition, this would bring instability to fiat currencies, and thus the demand for cryptocurrencies would increase.
Regarding gold, logistics and security costs to store value in this type of asset are very high, and Bitcoin also brings good points with regard to the ease of being transferred over the internet.


Title: Re: What if? Just asking opinion
Post by: Mometaskers on February 18, 2017, 10:33:52 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
If world war 3 happened we will go back to a bartering system, dollars will be useless, and the same can be said about gold and bitcoin, after some time maybe gold will make a comeback but right after the war the most important things will be food, weapons, ammo, alcohol, drugs and stuff like that.

This reminds me I should be stocking up honey, vodka and silver.


Back to topic, bitcoin could still be useful, even rise in price, in areas that are not yet affected by the war. Should an area enter the conflict though, it can no longer be assured. Bitcoin would be the last on people's minds and even having electricity and internet might not be enough. You can bring your bitcoins with you though when you flee your country, so that's good.

The biggest question of course would be, would there be humans left to use bitcoins? Just a nuclear war between India and Pakistan could already lead to severe changes to the climate, just imagine bombs from the other nuclear armed nations coming off.


Title: Re: What if? Just asking opinion
Post by: Barbut on February 19, 2017, 12:47:24 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

When its war people think about food and shelter, how to protect themselves. Piece of bread will worth more then cash and bitcoins, one bullet and gun will worth a lot as well, but that is in areas where is war. I don't expect all world to be warfront, there will always be piece in some countries and continents.
And after all that shit everything will be fine again, history can teach us that after every big war society is making progress, maybe after ww 3 we can expect new monetary system and bitcoins as main global currency.


Title: Re: What if? Just asking opinion
Post by: Sled on February 19, 2017, 05:47:13 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
Yes it is. Bitcoin and other cryptocurrencies will go down to it maximum dump because that will be chaotic and the investors not only virtual money and also in other kind of stocks,forex etc.. will panic and sell their shares or stocks to get their money because world war 3 is not a simple scenario.


Title: Re: What if? Just asking opinion
Post by: pooya87 on February 19, 2017, 06:14:34 AM
your question is a duplicate!
and as i said in the other useless imaginary situation i have to say in times of war specially when things are horrible such as being in world war, people are not thinking about saving money, investing, holding gold, bitcoin, etc. instead they think about survival and that would be the only thing in their mind.

when you don't have anything to eat, and at any second you can die, you are not going to be thinking about where to store my bitcoins!


Title: Re: What if? Just asking opinion
Post by: Rostadom on February 19, 2017, 12:22:02 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

When its war people think about food and shelter, how to protect themselves. Piece of bread will worth more then cash and bitcoins, one bullet and gun will worth a lot as well, but that is in areas where is war. I don't expect all world to be warfront, there will always be piece in some countries and continents.
And after all that shit everything will be fine again, history can teach us that after every big war society is making progress, maybe after ww 3 we can expect new monetary system and bitcoins as main global currency.

Just like you said, after all that war the whole world will eventually be okay again and there may even be a new monetary system which *can* be bitcoins. With that thinking, someone who has food can hold it for a while and then sell it for a good amount of bitcoins later. It would be absurd to exchange it for cash because you don't know what would be the value of your fiat after the war.

On a side note, I'm thinking there's no safe place at all when there's a world war. Because you know.. World war. That basically means the majority of the world have war. Supposed that there's a safe place, for example, it's on Iceland, and you live in Taiwan, you wouldn't be able to get there anyway so you better just dismiss the idea of it.


Title: Re: What if? Just asking opinion
Post by: TechnoMusic on February 19, 2017, 12:31:03 PM
I am sure that bitcoin will be worthless because less pupil will use our dear bitcoin or maybe it will not even exist anymore if we destroy earth it depends on many things so we cant predict that really perfect.


Title: Re: What if? Just asking opinion
Post by: digaran on February 19, 2017, 12:39:25 PM
It already began in 2012 and is in progress until now only thing is that countries with nuclear capability are not using their bombs because it will result in their own demise. so if you wanted to know what happens now is a good time since we're in middle of it.


Title: Re: What if? Just asking opinion
Post by: praboso96 on February 19, 2017, 07:05:51 PM
Even though I'm holding a small amount of bitcoins and I trust cryptocurrencies , I can't say that bitcoins will be used after WWIII , the same scenario will happen like the other wars , gold will simply be the only thing that worth anything. I found it impossible for gold and silver to lose value , It's the only thing that has been used for thousands and thousands of years and still being used right now.

I never thought of such a development. But you're absolutely right. Gold will be the only valuable asset. Not that gold, which we are trading on the stock exchange. And now the physical bullion


Title: Re: What if? Just asking opinion
Post by: coolcoinz on February 19, 2017, 07:27:05 PM
I think every commodity that is considered luxurious like gold, jewels, computers would go down in price. People tend not to care about stuff like investments when bombs are falling on their heads.
Also in every world war there were countries that stayed outside of the conflict. It's possible bitcoin would thrive there.


Title: Re: What if? Just asking opinion
Post by: BitcoinGirl.Club on February 19, 2017, 08:04:20 PM

Bitcoin will be among the many things to collapse as our generation relies on such technologies. I think we would revert back to the barter system for trade, imo precious stones/metals and food will be the main commodities to hold and trade with.


Title: Re: What if? Just asking opinion
Post by: target on February 19, 2017, 08:21:25 PM

There will be no war that will happen. With just one bomb going off, a country will be eased in an instant. I don't anything will be valuable if you live except the food and water which are the immediate need of the people. Its definitely not easy to live when you are dependent to internet already like the rest of us here but you'd rather eat and drink something than keeping your bitcoin.


Title: Re: What if? Just asking opinion
Post by: bajing on February 19, 2017, 09:03:24 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
Surely bitcoin price will down and bitcoib will be worthless but only for a while after everything back goes well again. I guess many people will buy physical gold because gold can be another money when fiat money will be worthless too when war.


Title: Re: What if? Just asking opinion
Post by: michnelli6 on February 19, 2017, 09:12:50 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
Surely bitcoin price will down and bitcoib will be worthless but only for a while after everything back goes well again. I guess many people will buy physical gold because gold can be another money when fiat money will be worthless too when war.
Yes, another war will end the human race completely when we are considering the atom evolution of any country's protection capabilities. The internet and its most required thing of power supply are sensible to get collapsed on atomic war so bitcoin will not survive a war. What would be the point of survival of bitcoin when there will be no possibility of survival of human itself.


Title: Re: What if? Just asking opinion
Post by: machinek20 on February 19, 2017, 11:30:01 PM
I think if world war iii happened then bitcoin and other crypto will be useless, even cash will be useless maybe we can exchange some food using gold, when war is happen nobody will care about money or cash the people will prefer to stock food and other things for surviving


Title: Re: What if? Just asking opinion
Post by: syndria on February 19, 2017, 11:40:55 PM
Bitcoin uses electricity to make transactions so you answered your question there no power no bitcoin.


Title: Re: What if? Just asking opinion
Post by: error08 on February 19, 2017, 11:59:22 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens  
You kind of answered your own question there.  If anything collapsed the power grid, bitcoin would be worthless.   Precious metals would be the go-to asset, with guns and food.  But would a war cause that worldwide?   Probably not.
Nope, bitcoin won't fail at all as people can't withdraw theirs without internet connection, electricity or exchanges to do so.
I don't think store your wealth on gold in world war 3 is a wise move as people could going crazy hunt for 'the precious one', carrying cash will be better in my opinion. But bitcoin price won't fall too far, just $100-300 drop maybe.
Yes, guns and food will be the most important things to survive, so better to buy a Land far away from nearest city, and prepare food and all of major things to survive.


Title: Re: What if? Just asking opinion
Post by: hellowarda on February 20, 2017, 03:32:11 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
The third world war? If the outbreak really, I think this time you should not be worried about bitcoin prices down, you should worry about their own lives. When people began to consider the life safety, bitcoin will probably not worth a hair.


Title: Re: What if? Just asking opinion
Post by: icecube45 on February 20, 2017, 04:21:46 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens  
The third world war? If the outbreak really, I think this time you should not be worried about bitcoin prices down, you should worry about their own lives. When people began to consider the life safety, bitcoin will probably not worth a hair.
Yes, in the world war III I think crypto will not be affected overall so that the price down drastically because the crypto price is not affected by situation or politics in a country. But World War III will have an impact on a country's economy becomes worse because losses resulting from the war, and internet access will be impaired. Maybe the economic crisis will happen again, so we had to worry about our lives.


Title: Re: What if? Just asking opinion
Post by: Omega Weapon on February 20, 2017, 06:39:47 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
If world war 3 happened we will go back to a bartering system, dollars will be useless, and the same can be said about gold and bitcoin, after some time maybe gold will make a comeback but right after the war the most important things will be food, weapons, ammo, alcohol, drugs and stuff like that.

This reminds me I should be stocking up honey, vodka and silver.


Back to topic, bitcoin could still be useful, even rise in price, in areas that are not yet affected by the war. Should an area enter the conflict though, it can no longer be assured. Bitcoin would be the last on people's minds and even having electricity and internet might not be enough. You can bring your bitcoins with you though when you flee your country, so that's good.

The biggest question of course would be, would there be humans left to use bitcoins? Just a nuclear war between India and Pakistan could already lead to severe changes to the climate, just imagine bombs from the other nuclear armed nations coming off.

While the internet was originally conceived to resist a nuclear holocaust we need to think with common sense, if you offer me a bitcoin for a can of tuna, is that a good trade? Even if bitcoin eventually made a come back, may be I will nor survive long enough to see it, so it is better to keep the tuna.


Title: Re: What if? Just asking opinion
Post by: upsidedown75 on February 20, 2017, 08:11:02 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens  
The third world war? If the outbreak really, I think this time you should not be worried about bitcoin prices down, you should worry about their own lives. When people began to consider the life safety, bitcoin will probably not worth a hair.
Yes, in the world war III I think crypto will not be affected overall so that the price down drastically because the crypto price is not affected by situation or politics in a country. But World War III will have an impact on a country's economy becomes worse because losses resulting from the war, and internet access will be impaired. Maybe the economic crisis will happen again, so we had to worry about our lives.
How do you believe that entire human race will not get affected from nuclear weapons. I'm not seeing any possibility for that. I'm sure another world of our will be the end of human in planet Earth. So there will be no human, no country, no economy and hence no bitcoins.

A world war without nuclear weapons will give different scenario like economic crisis may boost bitcoin value appreciations.


Title: Re: What if? Just asking opinion
Post by: BitcoinPC on February 20, 2017, 08:52:14 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
The third world war? If the outbreak really, I think this time you should not be worried about bitcoin prices down, you should worry about their own lives. When people began to consider the life safety, bitcoin will probably not worth a hair.

Exactly, this thing will not affect bitcoin but then world war III willl totally affect the real economy.
And so when world war III happen price will not be affected but then there will be bomb there and every where so
the most affected is the electric thing which we need in every transactions we make.


Title: Re: What if? Just asking opinion
Post by: Barbut on February 20, 2017, 10:26:48 AM
Bitcoin uses electricity to make transactions so you answered your question there no power no bitcoin.

Now days power is literally everywhere around us. Even if someone, somehow shut down entire system nothing will be lost, everything will be kept on hard drives, and after plugin in again everything will be restored and value can increase. No power just means you can`t transfer bitcoins, but no power doesn`t mean there is no bitcoins, they don`t depend from electricity.

The third world war? If the outbreak really, I think this time you should not be worried about bitcoin prices down, you should worry about their own lives. When people began to consider the life safety, bitcoin will probably not worth a hair.

Exactly my point, in the war times people think about their lives, but there is always war profiteers, they will go from house to house and they will take everything worth they find, I know that I have lived in war more then 7 years.


Title: Re: What if? Just asking opinion
Post by: Vaccinus on February 20, 2017, 11:42:29 AM
Bitcoin uses electricity to make transactions so you answered your question there no power no bitcoin.

everything that have something to do with money generate electricity nowadays, the banks or the governements needs electricity to run ATM, need electricity to print money, and for all the other things that you see in real life, so how is bitcoin more at danger if the electricity will be cut?


Title: Re: What if? Just asking opinion
Post by: whizter on February 20, 2017, 05:32:00 PM

There will be no war that will happen. With just one bomb going off, a country will be eased in an instant. I don't anything will be valuable if you live except the food and water which are the immediate need of the people. Its definitely not easy to live when you are dependent to internet already like the rest of us here but you'd rather eat and drink something than keeping your bitcoin.
i think as soon as time pass our agricultural technology is also improving which is completing the need of the growing population. similarly in science and technology we are also improving and beside electricity and fuel scientists are finding other ways of resources so we at at least save tell next century.


Title: Re: What if? Just asking opinion
Post by: Schuyler on February 21, 2017, 03:39:21 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

Bitcoin will be the last thing on my mind if my country is involved in a World War III.  I would first think about the welfare of my family and worry about my investments later.Bitcoin would almost be useless in case there are no electricity and internet connection.   


Title: Re: What if? Just asking opinion
Post by: Omega Weapon on February 22, 2017, 01:55:44 AM
Even though I'm holding a small amount of bitcoins and I trust cryptocurrencies , I can't say that bitcoins will be used after WWIII , the same scenario will happen like the other wars , gold will simply be the only thing that worth anything. I found it impossible for gold and silver to lose value , It's the only thing that has been used for thousands and thousands of years and still being used right now.
But you are assuming a civilization still exists, if a world war 3 happen then it is very likely that nuclear weapons will be used and will destroy our way of life as we know it and in that moment almost everything we take for granted will be taken away from us.


Title: Re: What if? Just asking opinion
Post by: Erza on February 22, 2017, 02:17:34 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

Bitcoin will be the last thing on my mind if my country is involved in a World War III.  I would first think about the welfare of my family and worry about my investments later.Bitcoin would almost be useless in case there are no electricity and internet connection.   

Yeah you should take care of your family too before it is too late but still beside saving them you can try to withdrae everything and sell everything when electricity and internet is still on. And may be you can say this because you only invested a little bit amount of bitcoin here. How about if there are some people that got 100 btc here, how can they suppose to let it go just like that?


Title: Re: What if? Just asking opinion
Post by: ufaiz50 on February 22, 2017, 02:38:30 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
I hope no world war 3, maybe if there was a world war 3 bitcoin will fall fiat prices going up in a war of money that can buy everything power, protection, etc. and bitcoin or cryptocurrency probably not worthwhile because we need the internet and possibly satellite will be destroyed to avoid spies then no internet connection


Title: Re: What if? Just asking opinion
Post by: megynacuna on February 22, 2017, 05:44:31 AM
Everything comes to a stand still when there's a war so that wouldn't be different if a Third World War was to broke out. Bitcoin will suffer in such a circumstance just like any other thing or systems in place.


Title: Re: What if? Just asking opinion
Post by: freedomgo on February 22, 2017, 06:21:42 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
Most likely, technology will become worthless when world war will take place. People will only need the basic necessities to live and worst to survive, food and shelter is necessary and even gold and fiat will become worthless if the situation gets worsen.


Title: Re: What if? Just asking opinion
Post by: Hydrogen on February 22, 2017, 11:36:00 AM
If russia and the united states went to war, I think the world economy would bankrupt itself.

Waging war in the middle east has inflicted trillions of dollars of damage to the economies of many nations with no tangible positive returns to show for the funds and unfortunate lives expended.

A larger war with russia would likely be orders of magnitude worse for everyone.

War is too expensive. Its not cost effective. There is nothing to be gained from it.

I don't know if the internet being destroyed would stop cryptocurrencies.

Bitcoin could operate on tablets, cell phones and portable devices via satellite communications if the main internet went down.

War seems like a bad prospect. It is confusing why anyone pursues it.


Title: Re: What if? Just asking opinion
Post by: Zadicar on February 22, 2017, 12:06:05 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
Most likely, technology will become worthless when world war will take place. People will only need the basic necessities to live and worst to survive, food and shelter is necessary and even gold and fiat will become worthless if the situation gets worsen.
It would really be worthless since people wont mind regarding on those assets because it cant be used when ww3 would happen and you are right we would surely seek on the most important thing in able to survive which is food and shelter and for sure we wont mind on those things anymore.


Title: Re: What if? Just asking opinion
Post by: Xester on February 22, 2017, 01:05:04 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
Most likely, technology will become worthless when world war will take place. People will only need the basic necessities to live and worst to survive, food and shelter is necessary and even gold and fiat will become worthless if the situation gets worsen.
It would really be worthless since people wont mind regarding on those assets because it cant be used when ww3 would happen and you are right we would surely seek on the most important thing in able to survive which is food and shelter and for sure we wont mind on those things anymore.

I agree with you that the most important thing during a world war is safety kits, survival kits, food, shelter and weapons to protect ourselves. If all countries in the world will join the war then currency will lost its value. After all life and survival is most important than economics. The only way to make currency retain its value is to avoid a world war at any cost.


Title: Re: What if? Just asking opinion
Post by: Gotottack on February 22, 2017, 01:17:44 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
Most likely, technology will become worthless when world war will take place. People will only need the basic necessities to live and worst to survive, food and shelter is necessary and even gold and fiat will become worthless if the situation gets worsen.
It would really be worthless since people wont mind regarding on those assets because it cant be used when ww3 would happen and you are right we would surely seek on the most important thing in able to survive which is food and shelter and for sure we wont mind on those things anymore.

I agree with you that the most important thing during a world war is safety kits, survival kits, food, shelter and weapons to protect ourselves. If all countries in the world will join the war then currency will lost its value. After all life and survival is most important than economics. The only way to make currency retain its value is to avoid a world war at any cost.

Let's also mention that when a world war happens for sure most currencies will turn to shit and no one would trade money for whatever goods they are holding. Everything will shutdown and nothing in the world will be stable. Especially, this will affect those countries that are part of the conflict, the true warring countries or nations.


Title: Re: What if? Just asking opinion
Post by: J Gambler on February 22, 2017, 01:50:26 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
On my own oppinion people will be turn their money into digital currency first thing is bitcoin can be lift easily and it can be access world wide even where you country you go and just remember the email and password you put there. Bitcoin can be easily exchange into fiat if you want too :P


Title: Re: What if? Just asking opinion
Post by: Lomperd1 on February 22, 2017, 02:45:03 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
If World War 3 will happen(i don't hope it will) the Bitcoin and other crypto currencies will drop in rate because like you said it most people will use cash or gold.
And you actually answered  yourself if the servers get down people can't use the Bitcoin.


Title: Re: What if? Just asking opinion
Post by: icecube45 on February 22, 2017, 03:05:30 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens  
The third world war? If the outbreak really, I think this time you should not be worried about bitcoin prices down, you should worry about their own lives. When people began to consider the life safety, bitcoin will probably not worth a hair.
Yes, in the world war III I think crypto will not be affected overall so that the price down drastically because the crypto price is not affected by situation or politics in a country. But World War III will have an impact on a country's economy becomes worse because losses resulting from the war, and internet access will be impaired. Maybe the economic crisis will happen again, so we had to worry about our lives.
How do you believe that entire human race will not get affected from nuclear weapons. I'm not seeing any possibility for that. I'm sure another world of our will be the end of human in planet Earth. So there will be no human, no country, no economy and hence no bitcoins.

A world war without nuclear weapons will give different scenario like economic crisis may boost bitcoin value appreciations.
Sorry but I never said that all humans will never be affected from World War III, it was certainly influences like hunger, loss, damage, etc. But effects of World War III will not make bitcoin prices fall. If happen World War III all currencies around the world will experience very high inflation and even some countries will be acquired by other countries that maybe causing the country's currency becomes invalid. The world crisis which makes paper currency inflation tends to cause bitcoin prices to rise because inflation/hyperinflation. Not to mention the trend of people are scrambling to buy bitcoin to avoid inflation. Because a limited number of bitcoin will cause demand is much greater than the amount of goods on the market. Bitcoin prices will definitely experience a sharp spikes, so will not be affected overall which makes prices fall.


Title: Re: What if? Just asking opinion
Post by: The_prodigy on February 22, 2017, 03:07:26 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
You already answered you question but for me. If world war 3 will happen probably those investors or those holders of bitcoin will be died and their bitcoin will be stocked on their bitcoin wallet and for sure if the ceo and the creator of blockchain will be rich for sure.


Title: Re: What if? Just asking opinion
Post by: Rostadom on February 22, 2017, 03:23:29 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
You already answered you question but for me. If world war 3 will happen probably those investors or those holders of bitcoin will be died and their bitcoin will be stocked on their bitcoin wallet and for sure if the ceo and the creator of blockchain will be rich for sure.

Not at all because the owner of blockchain.info can't just take away your bitcoins. There's also no way of finding out if the person that owns that particular wallet has died from the world war. There are wallets that have never been touched since 2013 and then gets their funds moving again this year because the price has been increasing a lot. The owner of blockchain might assume that the person owning that wallet is already dead when in fact the owner was just holding for a really long time.


Title: Re: What if? Just asking opinion
Post by: Omega Weapon on February 22, 2017, 11:02:57 PM
I think every commodity that is considered luxurious like gold, jewels, computers would go down in price. People tend not to care about stuff like investments when bombs are falling on their heads.
Also in every world war there were countries that stayed outside of the conflict. It's possible bitcoin would thrive there.
If a country with a big nuclear arsenal began using it then there is not a reason to think they will limit themselves somehow just to the nations they are in conflict with, they may decide to bomb everyone out of spite.


Title: Re: What if? Just asking opinion
Post by: Nimbulan on February 22, 2017, 11:25:33 PM
Everything comes to a stand still when there's a war so that wouldn't be different if a Third World War was to broke out. Bitcoin will suffer in such a circumstance just like any other thing or systems in place.
of course bitcoin would suffer, but it would become an even better alternative for the cash or fiat that we are having right now, because bitcoin needs only internet and nothing else.


Title: Re: What if? Just asking opinion
Post by: Rostadom on February 23, 2017, 02:46:43 PM
Everything comes to a stand still when there's a war so that wouldn't be different if a Third World War was to broke out. Bitcoin will suffer in such a circumstance just like any other thing or systems in place.
of course bitcoin would suffer, but it would become an even better alternative for the cash or fiat that we are having right now, because bitcoin needs only internet and nothing else.

The war back then would be different from the war that's going to happen in the future. Back then, we have tanks, guns, and all those stuffs that you typically see in a movie. But today, we have nuclear bombs, and other deadly/lethal weapons that can destroy a whole nation. Probably most of the ISP towers would be already destroyed after the next war. Since bitcoins need the Internet, it would take a couple of months before all those towers will be repaired.

Another thing, people would be waiting for the electricity lines to be fixed. Since you need electricity to charge your phone/laptop, you wouldn't be able to use bitcoins at that time. Probably the same fiat will be used by most of us right after the world war. After a couple of months, there might be a problem with a nation's fiat so they'd choose to use bitcoins instead.


Title: Re: What if? Just asking opinion
Post by: Pettuh4 on February 23, 2017, 03:01:10 PM
Wars are never a good thing and a Third World War would plunder the nations and its systems into turmoil hence everything that ever existed including Bitcoin will suffer the consequences therefore it's possible Bitcoin can collapse should a Third World War break out.


Title: Re: What if? Just asking opinion
Post by: Star.Wars on February 23, 2017, 07:30:10 PM
Everything comes to a stand still when there's a war so that wouldn't be different if a Third World War was to broke out. Bitcoin will suffer in such a circumstance just like any other thing or systems in place.

Have you ever watched war images? If there is a war, the bitcoins will not be in the same place. Your computer, your house, your car will not be in the same place.
Maybe you will not even be alive. Your family, you can lose everything you love.

Bitcoin is a money hidden in digital media. If you can not access your digital media, you can not access the bitcoin.


Title: Re: What if? Just asking opinion
Post by: target on February 23, 2017, 08:55:48 PM
Everything comes to a stand still when there's a war so that wouldn't be different if a Third World War was to broke out. Bitcoin will suffer in such a circumstance just like any other thing or systems in place.

Have you ever watched war images? If there is a war, the bitcoins will not be in the same place. Your computer, your house, your car will not be in the same place.
Maybe you will not even be alive. Your family, you can lose everything you love.

Bitcoin is a money hidden in digital media. If you can not access your digital media, you can not access the bitcoin.

The movie Incendies - https://en.wikipedia.org/wiki/Incendies was the saddest film I saw about war. All her life was shattered and end up in Canada.
Before she died she left a wiling testament for his kids and the kids discover things they didn't knew about her mom which was rape during the war and her rapist was their brother who turnout to be a torturer of the prison camp. Warlords are the only who can see where things are going. If war broke, Bitcoin will be displaced and may no longer be valuable.


Title: Re: What if? Just asking opinion
Post by: Wapinter on February 23, 2017, 09:09:52 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
Bitcoin is still not mainstream so if  World War 3 breakout today,people will certainly forget bitcoin and switch to their national currency.Governments will also  ban bitcoin and come down heavily on those who use it.I think the kind of weapons that we now have are sufficient to wipe out almost half of our civilization and without basic infrastructure,bitcoin is useless.


Title: Re: What if? Just asking opinion
Post by: Shafay on March 03, 2017, 08:37:36 PM
If russia and the united states went to war, I think the world economy would bankrupt itself.

Waging war in the middle east has inflicted trillions of dollars of damage to the economies of many nations with no tangible positive returns to show for the funds and unfortunate lives expended.

A larger war with russia would likely be orders of magnitude worse for everyone.

War is too expensive. Its not cost effective. There is nothing to be gained from it.

I don't know if the internet being destroyed would stop cryptocurrencies.

Bitcoin could operate on tablets, cell phones and portable devices via satellite communications if the main internet went down.

War seems like a bad prospect. It is confusing why anyone pursues it.

For power greed dominance? :)


Title: Re: What if? Just asking opinion
Post by: Hazir on March 03, 2017, 08:42:20 PM
When we face global natural disaster or world war 3 - then believe me, thinking about keeping your bitcoin or stash of precious metals will be the least thing you will do.
I learned war stories from people who lived though World War 2, to keep their lives they left everything they own behind: money, antiques, houses, everything valuable.
Western civilization is too soft nowadays, people think there will be time to backup your bitcoin wallet and pack your things when the war will hit  us...


Title: Re: What if? Just asking opinion
Post by: calkob on March 04, 2017, 12:13:48 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

If world war 3 breaks out i think that the last thing you will be worrying about is wither your bitcoin have increased in price, more than likely after the nuclear fallout settles you will be worrying about wither or not your kids have clean water. 


Title: Re: What if? Just asking opinion
Post by: BreakingSlow on March 08, 2017, 04:24:09 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
If this day happens, and I don't hope that this will happen, then the Bitcoin will die because the Bitcoin needs the internet to be used.
I think that everyone will start to use cash and gold as a way to pay for things.


Title: Re: What if? Just asking opinion
Post by: Dr.Osh on March 08, 2017, 04:35:46 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

If world war 3 breaks out i think that the last thing you will be worrying about is wither your bitcoin have increased in price, more than likely after the nuclear fallout settles you will be worrying about wither or not your kids have clean water. 
anxiety may all just come from the real world. Well, most likely also bitcoin prices will rise, because of the many advantages that can be obtained from the bitcoin. but, probably bitcoin will only be used by the country concerned. The greatest anxiety only in the city you live in.


Title: Re: What if? Just asking opinion
Post by: Ayers on March 08, 2017, 04:58:57 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
If this day happens, and I don't hope that this will happen, then the Bitcoin will die because the Bitcoin needs the internet to be used.
I think that everyone will start to use cash and gold as a way to pay for things.

sure but cash need internet too, because they need to account how many coin you have in your bank account, and to do this they need connection, you can't just go to the nearest atm and take your cash, cash would be just paper without value if internet go down pretty much like everything else, gold would be a choice, but it's not easy to carry around a great amount of money with gold


Title: Re: What if? Just asking opinion
Post by: Silberman on March 08, 2017, 05:41:52 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens  
If this day happens, and I don't hope that this will happen, then the Bitcoin will die because the Bitcoin needs the internet to be used.
I think that everyone will start to use cash and gold as a way to pay for things.

sure but cash need internet too, because they need to account how many coin you have in your bank account, and to do this they need connection, you can't just go to the nearest atm and take your cash, cash would be just paper without value if internet go down pretty much like everything else, gold would be a choice, but it's not easy to carry around a great amount of money with gold
I suppose you have never owned gold, gold is very easy to carry around that is why it was chosen as money by almost any civilization in the world, you can carry hundreds of thousands of dollars in your pockets.


Title: Re: What if? Just asking opinion
Post by: darthmaul on March 08, 2017, 05:57:00 PM
First of all, I always think WW3 would be Advance and Artificial Intelligence War. Meaning smart computers will fight for us and they will run big logical data processors to identify enemies threat. To get this done of course all nations will build Artificial intelligence and computers with ability to decide Who What Where logic! To keep up in the War they will have to keep the electricity alive all the time. Man might build huge sources of power in coming future to run the smart CPU. I believe bitcoin price won't go down but it will come up! If government builds an agenda which is more futuristic then they will think of money which will be first need to rebuild the abolished nation. Paper/hard cash would have been thrown already, burnt for heat sources and people will try to stay alive and not try to get money in such period.

So if at one side people are throwing and are disinterested in hard money and on the other hand side government is validating Bitcoin/cryptocurrency as powerful source to build nation then it's price might come up like never before.

However, statements are again misleading as there will not be any hard cash and no defined standard currency then price of bitcoin will be decided how? For example, today we know bitcoin is very valuable as BTC = $ 1200! But, what in futrue when hard cash won't be there? BTC = BTC = Neutral price.

 :)


Title: Re: What if? Just asking opinion
Post by: Flamma on March 08, 2017, 06:22:28 PM
If World War 3 will be ignited, I will worry more about the safety of my family and other people. I won't care for anything but its the survival of my family. But in regards to Bitcoin, reports have shown that the negative effects of war on economy include increased public debt, increased levels of taxation and inflation. This will affect again the volatility of Bitcoin. It can be more expensive vice versa. The problem is that the effects of military spending are not productive when compared to the economic needs of these other areas. So, I think it won't happen :D


Title: Re: What if? Just asking opinion
Post by: sourris01 on March 08, 2017, 07:56:21 PM
If World War 3 will be ignited, I will worry more about the safety of my family and other people. I won't care for anything but its the survival of my family. But in regards to Bitcoin, reports have shown that the negative effects of war on economy include increased public debt, increased levels of taxation and inflation. This will affect again the volatility of Bitcoin. It can be more expensive vice versa. The problem is that the effects of military spending are not productive when compared to the economic needs of these other areas. So, I think it won't happen :D

Just think about what the third world war means. It can generally bring destruction to every country and this means the lack of electricity and even the Internet. Thus, bitcoin can and will be expensive to build, but the demand will be in other values, material.


Title: Re: What if? Just asking opinion
Post by: olubams on March 10, 2017, 10:16:42 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

If World War 3 should break out, I dont expect any body to have time to think about what the price of bitcoin or any currency whatsoever to be. Because in the war of bio weapons, being in your house alone does not make you immune to the calamity of the war. So I expect that the world will go as much as 500 years backward in the case of world war as everything development would have been destroyed beyond repairs...


Title: Re: What if? Just asking opinion
Post by: TimeManLove on March 20, 2017, 01:02:30 PM
In the event of a power outage and the Internet, because of the war, bitcoin will cease to exist. And ordinary money will lose value. The main currency will be shelter, food and water.


Title: Re: What if? Just asking opinion
Post by: choppork on March 20, 2017, 04:42:52 PM
In the event of a power outage and the Internet, because of the war, bitcoin will cease to exist. And ordinary money will lose value. The main currency will be shelter, food and water.

I don't think those will be "currency" because there's no other resource that's more important than shelter, food, and water. There's nothing to trade in exchange of them. Those are the only necessary things at the time of catastrophe. It's either people share those to each other or they fight/kill each other over those necessary stuffs.

Although I still doubt that when there's a war, the whole Internet will go down since there'll be countries that are too minor to be conquered by other countries. You know, countries that people don't care about. No resource, not much people, etc.


Title: Re: What if? Just asking opinion
Post by: wuvdoll on March 21, 2017, 12:29:49 PM
In the event of a power outage and the Internet, because of the war, bitcoin will cease to exist. And ordinary money will lose value. The main currency will be shelter, food and water.

I don't think those will be "currency" because there's no other resource that's more important than shelter, food, and water. There's nothing to trade in exchange of them. Those are the only necessary things at the time of catastrophe. It's either people share those to each other or they fight/kill each other over those necessary stuffs.

Although I still doubt that when there's a war, the whole Internet will go down since there'll be countries that are too minor to be conquered by other countries. You know, countries that people don't care about. No resource, not much people, etc.
Now that you pointed it out, in case of war breaking out in the world that would only affect the countries that are involved not the ones that have no hand in it, let’s say that for example a war breaks in china, that may affect the mining power in china not the whole world because the exchange will move to other people who are mining the bitcoin in another country.


Title: Re: What if? Just asking opinion
Post by: evilgreed on March 22, 2017, 01:49:14 PM
I think maybe it will even rise higher, at that time maybe only rare people that remains holding bitcoin.


Title: Re: What if? Just asking opinion
Post by: CODE200 on March 23, 2017, 12:22:32 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens  
Yes, as you said "servers getting down, no electricity, and everything". That may come true when world war 3 happens, and when it happens we are not focusing on bitcoin and cryptocurrencies to go down in price, but we are all focusing to keep ourselves safe and our love ones.


Title: Re: What if? Just asking opinion
Post by: genny2kuk on March 23, 2017, 02:26:46 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

Gold is best during such period.


Title: Re: What if? Just asking opinion
Post by: Oralmat on March 23, 2017, 03:46:49 AM
I think maybe it will even rise higher, at that time maybe only rare people that remains holding bitcoin.

Exactly, because for sure things will be prohibited to use at that moment and those who can really afford people can only access it, those who have powers and riches can.
But we hope that, that thing will not happen for we are not ready to lose btc.


Title: Re: What if? Just asking opinion
Post by: Taki on March 23, 2017, 04:32:56 AM
Surly bitcoin will be worthless. What an enemy makes first in the case of war? Ruine all the contacts. And electricity and the Internet are the most easy sources to be taken. Without that to use bitcoin will be just impossible.


Title: Re: What if? Just asking opinion
Post by: ethereumhunter on March 23, 2017, 04:54:26 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

world war 3 will give a big impact for human and the economic as we know that many big power country has got new weapon without we know. beside that, if world war 3 break out, i think bitcoin and other cryptocurrencies will not function because we all know that cryptocurrencies is depend with internet connection and without this, we can use bitcon to buy or sell. maybe we all will go back in the ancient age and there is only exchange goods with goods again.


Title: Re: What if? Just asking opinion
Post by: X-ray on March 23, 2017, 04:57:54 AM
Surly bitcoin will be worthless. What an enemy makes first in the case of war? Ruine all the contacts. And electricity and the Internet are the most easy sources to be taken. Without that to use bitcoin will be just impossible.
Imagine your power plan gets nuclear in the future and BOOM! no electricity, no internet, no bitcoin. Since a long time ago a lot of the people are interesting for using the gold rather than bitcoin. But i think if the bitcoin is wanna be the secondary currency and i think if that will be suitable for the bitcoin itself. Imagine the bitcoin will survive in the next World war will be useless.


Title: Re: What if? Just asking opinion
Post by: xypos on March 23, 2017, 05:01:52 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

Well there isn’t really much of a chance for a world war 3, i mean yeah sure there may be small wars in individual countries but i don’t think there will be much of a chance that a war that exceeds the magtitude of WWI or WWII, at least in the near future.

You have to realize that all currencies have no intrinsically.

If people are starving to death and they have no food, they don’t need any money. If that is the case, then obviously nobody will use any currency, let alone bitcoin.


Title: Re: What if? Just asking opinion
Post by: user27 on March 23, 2017, 05:14:12 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

I think that bitcoin is more relevant in a hyperinflation scenario than a total war and destruction scenario because bitcoin is a good store of value much like gold.

Bitcoin has been dubbed the digital gold by many people.

When electricity is cut off worldwide and countries can’t communicate to each other, then really bitcoin is worthless. Bitcoin is built on the internet. If the internet doesn’t work anywhere then there is no way that you’re going to be able to send any amount of bitcoin.


Title: Re: What if? Just asking opinion
Post by: gabmen on March 23, 2017, 05:28:35 AM
Surly bitcoin will be worthless. What an enemy makes first in the case of war? Ruine all the contacts. And electricity and the Internet are the most easy sources to be taken. Without that to use bitcoin will be just impossible.
Imagine your power plan gets nuclear in the future and BOOM! no electricity, no internet, no bitcoin. Since a long time ago a lot of the people are interesting for using the gold rather than bitcoin. But i think if the bitcoin is wanna be the secondary currency and i think if that will be suitable for the bitcoin itself. Imagine the bitcoin will survive in the next World war will be useless.

Well i don't think most things would survive after a nuke war though. We may end up just trading our belongings for things that we need. That's the problem with war. It's not o ly the warring countries that will suffer but pretty much the entire human population. We've come a long way already with advancements that can better our lives, with btc as one of them, so i hope we don't throw these away senselessly by engaging in war


Title: Re: What if? Just asking opinion
Post by: thunderbitz2717 on March 23, 2017, 06:25:41 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
In my point of view, it is true that if ever world war 3 happen the electricity, servers getting down but for sure the government of the country will surely do something to fix the electricity, servers, and power outrage and bitcoin can possibly increase the value and we can retrieve everything that we saved into our bakcup files. So that's what I think about it.


Title: Re: What if? Just asking opinion
Post by: ilovefeetsmell on March 23, 2017, 06:32:02 AM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

Maybe it will be gone if the world war 3 breaks out. It can be controlled by the government and it will end up into nothing. If we have no electricity, it means that there's no bitcoin appear. They will control people, money and anything in this world. We became slaves or worst than that. Never-ending wars are also destroying our democratic republic. War is great for the bankers and defense contractors.


Title: Re: What if? Just asking opinion
Post by: Yuuto on March 23, 2017, 06:37:11 AM
You kind of answered your own question there.  If anything collapsed the power grid, bitcoin would be worthless.   Precious metals would be the go-to asset, with guns and food.  But would a war cause that worldwide?   Probably not.

Personally I believe that bitcoin is going to exceed gold and silver simply because you’re not going to be bothered to cut up a piece of gold, verifying its purity, and weighing it to the precision of hundredth of a gram just to be able to buy a loaf of bread. It’s way too much time and if you are only 0.01 grams off from the actual figure you could be losing a shit ton of money after a few trades.

Bitcoin on the other hand is easily accessible by anyone, easily transported, and easily transmitted to anyone all over the world.

Unlike people above me suggest, it is very unlikely that the electricity grid will go out simultaneously all over the world. Also you have to realize that electricity grid is much more reliable than what was in WWII and WWI. So bitcoin will still be able to be used.


Title: Re: What if? Just asking opinion
Post by: Rostadom on March 23, 2017, 12:57:34 PM
Surly bitcoin will be worthless. What an enemy makes first in the case of war? Ruine all the contacts. And electricity and the Internet are the most easy sources to be taken. Without that to use bitcoin will be just impossible.

Unless the first attack can destroy the whole country, then that's not going to happen. Ever. There's no single place where all electricity are stored and as for the Internet, you have to destroy all the cables or towers first before you can ever destroy it fully. So, let's say that a countryX have bombed countryY. Then countryY will be alarmed and the defense will all be set. The chance of countryX to destroy all these infrastructures are already gone. So like I said, electricity and the Internet will not be taken away just because it's the enemies priority for their first attack.

There's different plant or storage of electricity for different cities. There's no central one. For the Internet as well, there's tons of ISP tower all over the country.