Would a global disaster increase or decrease the Bitcoin value ?

[shelimy]

Definitely global disasters will affect the market value of Bitcoin because as we all know Bitcoin and crypto currency value fluctuations is determine by the demand and supply and at the same time technical issues.

[Osarman]

I must agree with that. We should consider out safety before doing other things like the profit and other assets that we have, because it's doesn't matter if we will die in that war

We should not expect any such kind of thing as this will result into huge financial loss as well as human loss. In case, there comes a situation of war, then you need to look for the ways which can keep you safe and that you can manage to survive. After that disaster, things will be very much different and that I don’t think so after that, anything will be able to have a better reputation.

[crocozino]

i guess it depends on what is "global" definition is..  if the global means really something bad and huge happened all over the world - like an asteroid or WW3 - then yes, it will affect a lot. but if something happens in us only or china only, then there would be some relativity short time correction and after that bitcoin can resume its value.. imho.

[Caelanpelley]

the world will have a bitcoin boom. Although the market is falling and investors' sentiment is fluctuated by many bad predictions, there are still outstanding individuals who are optimistic about Bitcoin. A number of companies around the world have recently improved Bitcoin's trading platform, allowing users to invest in 20 types of cryptocurrency and 50 legal currencies, using a smart contract.

[campbell.box]

Local natural disasters will cause gold price to rise, so I think BTC will also go up!

Many people already think of BTC as digital gold!

If large-scale natural disasters occur, affecting many countries in the world, the price of BTC will definitely fall!

[lingwistiko]

From the word itself, a disaster can surely affect bitcoin's market value. One global disaster that i am imagining is when people will finally lost their interest and demand on bitcoin. With that, bitcoin's market value will surely decline and it may even go back to the price where it all started.

[Tynovten_]

I don't see the impact that happen if the disaster happen since bitcoin exist until right now, there's no impact at all, different with the war maybe will be more increase the bitcoin price because there are some who use bitcoin to defray the cessation of the weapons. I ever heard this issue before.

[torch2121]

Yes there will be a decrease. A single disaster may wipe large parts of business or even small enterprises. In return this will affect also large companies relying on local suppliers. Possible there will be a large sell out on a certain area that has been affected by the one hit by a disaster that may affect Bitcoin economy or internet maybe down where contributors of Bitcoin might be affected.

[Casdinyard]

Likely, it can't directly affect bitcoin because in the first place it's a digital currency so it can't. Maybe when it comes to the financial term it will gets affected as the buying will decrease but in terms in supply in will be all business us usual as ever. Besides bitcoin isn't a real currency so technically it will not be.

[mace15]

From the word itself, a disaster can surely affect bitcoin's market value. One global disaster that i am imagining is when people will finally lost their interest and demand on bitcoin. With that, bitcoin's market value will surely decline and it may even go back to the price where it all started.

Yes true this may exactly happens when demands become less may comes into decrease of bitcoin value. So many things would come up in the future however, were hoping that bitcoin's future will be bright and disaster indeed will not happen.

[loews]

Of course it would affect the price of bitcoin  , people would start doing crazy things... and the first thing would be to sell everything including bitcoin and consequently causing the price to drop hard

[geegaw]

From the word itself, a disaster can surely affect bitcoin's market value. One global disaster that i am imagining is when people will finally lost their interest and demand on bitcoin. With that, bitcoin's market value will surely decline and it may even go back to the price where it all started.

Yes true this may exactly happens when demands become less may comes into decrease of bitcoin value. So many things would come up in the future however, were hoping that bitcoin's future will be bright and disaster indeed will not happen.

The demand is becoming less and people are no longer interested in bitcoin, that is the problem that will soon happen when the era of bitcoin is over, nothing is forever, this is the law of this life. However, we will need to wait a long time to see that and I also do not think this will be called a global disaster, the global disaster is what affects the whole world, it can be war or natural disaster, and this will make the value of bitcoin decrease in a short time when the economy is affected and a number of Bitcoin disappear but bitcoin will soon rise again when things return to normal and it becomes scarce

[GoodLuck2]

I think the price of BTC will go up in the event of disaster!

The BTC is called digital gold, and when there is a massive natural disaster, people buy gold!

Now people will also buy BTC, so the price of BTC will go up!

Things will be very much different at that time and that we cannot even imagine the situation which will be at that time as there will a lot of chaos all around the world and everyone will be trying to save the life of his dear ones. In my opinion, the market value of the bitcoin will fall at that time as all those will be having the bitcoins will try to sell their coins to save their life and to fulfil their needs.

[Trivelius]

I must agree with that. We should consider out safety before doing other things like the profit and other assets that we have, because it's doesn't matter if we will die in that war

We should not expect any such kind of thing as this will result into huge financial loss as well as human loss. In case, there comes a situation of war, then you need to look for the ways which can keep you safe and that you can manage to survive. After that disaster, things will be very much different and that I don’t think so after that, anything will be able to have a better reputation.

Global and natural disaster are not because of human, i think that it may have bad effect on every walk of life, we should not compare bitcoin with global disaster, because it do not have any direct relation with it, i think that bitcoin will survive even in such situation because bitcoin is now going to become our main currency throughout the world.

[FairWin.Tech]

A global disaster will affect every aspect of our life. If because of it many people will be disconnected from the Internet, Bitcoin will become useless, so it's price will plummet and people will revert to paper money.

[Geleve]

it will decrease it in my opinion. because in that case not so many people will like to buy bitcoin with their cash money. so demand will reduce and price will go down

[ethereumhunter]

it will decrease it in my opinion. because in that case not so many people will like to buy bitcoin with their cash money. so demand will reduce and price will go down

yes it will decrease because people will search their needs first and then they will search the other things. but if in that time, there still any internet connection, bitcoin will still exist but only a few places and few people that could use bitcoin and maybe in that time, the price will really too expensive for us to buy bitcoin. I won't imagine that this will happen in the future because I still want to search more bitcoin for now so I can prepare my future with well and I can also prepare for my family too.

[JosJSG]

Hi ! First message here.

If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ?

I'm not talking about solar flares or EMP. But more like big wars or great natural disaster.

What are your opinions on the subject ? 

Hello! For me, it depends a lot on the type of disaster that is and what measures the government takes to counteract that disaster. In the case of a war there is a 50/50 chance of the price of cryptocurrencies. If the government finances with the cryptocurrencies paying and selling just that, cryptocurrencies, its value may rise, but if the government uses the bitcoins and sells them immediately, their value may go down, although it also depends on which government we are talking about.

That is just my opinion.

[patarfweefwee]

Disasters mostly makes the market fall down. Mainly because we have losses of assets means losses in money flow. When this happens, we tend to cashout our investments and that means alot of supply then a lower price on investments. Of course primary resources such as food would increase due to demand.

[jcarlo]

I think that will affecting on market volatile but honesty I dont know. I think its like others financial market, that will make market wait and see. Hopely that will not happen because that will suffering people and need a lot cost to rebuild it