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Author Topic: If there is a war between the US and Europe, Bitcoin will hit $1 billion  (Read 332 times)
Hamza2424
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December 24, 2023, 07:26:18 PM
 #41

Hehe, first of all, dear hopes are too high wether its US vs EU or anything else even if its earth vs the moon or alien vs Humans haha, secondly OP there's no such situation going to happen as you are trying to imagine or idealize in you zone.

Haha in the end just a bit of a toxic comment you should take care of your health.

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December 24, 2023, 11:19:41 PM
 #42

If there is a war between the US and Europe, Bitcoin will hit $1 billion

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.
I don't think Bitcoin will reach $1 billion. It must first hit $100,000 before moving on to $1 million. I can't image what the market cap will be if the price ever reaches $1 billion. I recall what occurred to the FX market when there are natural disasters or wars, which have a large impact on the market as well as in crypto, either positively or negatively . People will undoubtedly take advantage of the circumstance. However, there is a very minimal probability of a US-EU war occurring because there is no logical reason to do so, and doing so would be a waste of their resources.

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December 24, 2023, 11:55:45 PM
 #43

If such a war breaks out, which it won't with NATO in place, the price of Bitcoin against the dollar won't be at the forefront of my thoughts. I will think about nothing else but the survival of me and my environment. I hope there are fewer wars and we don't have to think about such things. It's nice to occasionally brainstorm in the face of such catastrophic scenarios but this is not it, gentlemen.

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December 25, 2023, 02:16:30 AM
 #44

In my opinion, if a war occurs there will be a prolonged monetary crisis, crypto prices will fall drastically because many banks will close withdrawals. This will have an impact on crypto, crypto will rise but it will seem worthless because many exchanges will refuse withdrawals, everything will be chaotic and long term.

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December 25, 2023, 09:02:22 AM
 #45

In my opinion, if a war occurs there will be a prolonged monetary crisis, crypto prices will fall drastically because many banks will close withdrawals. This will have an impact on crypto, crypto will rise but it will seem worthless because many exchanges will refuse withdrawals, everything will be chaotic and long term.

We don't know what will be the actual scenario to happen but if bank will close it service then provably bitcoin will be one of the option of people to pay of their goods or other use so still it can benefit bitcoin on other cause. We cannot automatically say that scenario will be worthless since provably to many people will discover the potential of bitcoin especially for good transaction so this coin can get a great exposure among the crisis happening.

Remember that bitcoin supply is limited and if those countries which affected of the war will make bitcoin as alternative currency while they are economically struggling then for sure we can see a possible great rise. But as I said we are just speculating so no right answer we can get here since for sure what people think about is just pure based on their opinion regarding on what will be the possible scenario to happen when war between those country will happen.

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December 25, 2023, 10:14:44 AM
 #46

In my opinion, if a war occurs there will be a prolonged monetary crisis, crypto prices will fall drastically because many banks will close withdrawals. This will have an impact on crypto, crypto will rise but it will seem worthless because many exchanges will refuse withdrawals, everything will be chaotic and long term.

what if the scenario changes to the mass use of Bitcoin? This will not only increase the value of Bitcoin but will also influence the increase in Bitcoin adoption which I believe is almost all over the world.
we know right now we are just imagining the situation. I didn't expect the war to occur on a larger scale. what is happening now is quite disturbing and if there is a bigger war, there will be many people who will be harmed.

Bitcoin may rise, but I hope it doesn't happen because of a war.
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December 25, 2023, 07:28:22 PM
 #47

In my opinion, if a war occurs there will be a prolonged monetary crisis, crypto prices will fall drastically because many banks will close withdrawals. This will have an impact on crypto, crypto will rise but it will seem worthless because many exchanges will refuse withdrawals, everything will be chaotic and long term.
Exactly man. It should be the opposite that happens or the negative ones, and not the positive. It's not that the banks were closed but many of them will get destroyed through the wars.

But for those who are unaffected, they will still continue to operate because they know that other banks are not available. Another reason on why cryptos will fall down hard is because of what we said earlier. Therefore people will try to use their cryptocurrencies instead when availing something. And Why would the cryptocurrency exchange refused withdrawals when they are only operating online? lol. No wars are going to affect them like the physical banks.

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