Would a global disaster increase or decrease the Bitcoin value ?

[demonz666]

in my opinion when there is a war and a big disaster the value of bitcoin will tend to go down. because in difficult conditions like that we will be more likely to sell bitcoin for fiat money. or maybe the internet network is broken so we can't access bitcoin. but hopefully that never happened. so let us keep the earth root always comfortable and safe.

[1714265341]

1714265341

[1714265341]

1714265341

[1714265341]

1714265341

[1714265341]

1714265341

[1714265341]

1714265341

[breathlessz]

in my opinion when there is a war and a big disaster the value of bitcoin will tend to go down. because in difficult conditions like that we will be more likely to sell bitcoin for fiat money. or maybe the internet network is broken so we can't access bitcoin. but hopefully that never happened. so let us keep the earth root always comfortable and safe.

logically, indeed, with widespread disasters, especially in countries where the number of bitcoiners is large enough, it will reduce the value of bitcoin, because they will sell their assets to survive

[Malsetid]

in my opinion when there is a war and a big disaster the value of bitcoin will tend to go down. because in difficult conditions like that we will be more likely to sell bitcoin for fiat money. or maybe the internet network is broken so we can't access bitcoin. but hopefully that never happened. so let us keep the earth root always comfortable and safe.

logically, indeed, with widespread disasters, especially in countries where the number of bitcoiners is large enough, it will reduce the value of bitcoin, because they will sell their assets to survive

In any case, i don't see any positive effect from global disasters. And depending on the severity of the calamity, we may even be cut from digital use entirely. People would have other things in mind when that time comes, mainly for survival. Who would take the time to check on their assets when your roof is caving down.

[Crypto24hrs]

Have you looked at the world economic record during the first and second world war? at war or during disasters the economy of most countries are thrown into a state of comatose, people are only after what to eat to surve, but if you restructure your question and ask what will happen after global disaster i shall tell it will be quite a different thing.

[STT]

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

Well solar flare could wipe every system world wide, this leaves only very large government and military infra structure.   I dont think BTC likes this

On the flipside, BTC goes with rapid velocity in the monetary base.   So more of the same is best for BTC.   Big war and great disaster as setup is deflationary roughly, war does not produce more business except in paths that destroy other parts of the economy pretty much true for both the enemy, winner and loser of the war.   All would suffer redirection of resources to serve the ultimate deflation which is destruction.   I dont think war helps BTC, only the argument might be it disrupts a terrible government but that possibility is light at the end of a ten year tunnel

[niteroy]

I do not know how the price of Bitcoin will change in the future, in the event of economic crises or disasters, but you can already watch how the price of Bitcoin falls in case of a fall in stock market indices on stock exchanges. When the stock prices of large companies fall a bit, you can see how the price of Bitcoin also drops a little. As a result, for example, of the global financial crisis, company stock prices will fall to their lows and it is likely that the price of Bitcoin will also collapse. But I believe that the opposite effect may occur, as a result of the collapse of the securities market, investors will begin to transfer their capital to Bitcoin and then its price will soar to the skies and save many people from the financial crisis.

[mersal]

If a global disaster was happening it will definitely affect the investment by the people so it will definitely made some changes him Crypto field especially in Bitcoin it will be reduces to a very low value when without any investment our transaction been happened so I think it will be more difficult for Bitcoin when something will be happen.

[Opnsrc]

If it will like a real global disaster it will pump the bitcoin. When it will be obvious that the old system doesn't work anymore, cryptos will be a good alternative.

First of all, I do hope that the global disaster will not happen. Secondly, such a Force Majeure situation cannot cause Bitcoin pump. People will be more interested to have money in their hands.

[Choyor]

Depending on how big the disaster is, if the disaster is very large it will definitely affect the price of Bitcoin, but if the disaster covers only a small part of the world, I don't think it will have a big effect, because we can imagine only a percentage of people will sell the coin.

[Pattart]

If it will like a real global disaster it will pump the bitcoin. When it will be obvious that the old system doesn't work anymore, cryptos will be a good alternative.

it will actually make the infrastructure of using bitcoin become hampered, it needs internet to use bitcoin, it needs a signal from the transmitter, and if the earthquake of course the transmitter will be damaged, electricity will go out and the use of bitcoin will decrease

[usorin]

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 ? 

A natural disaster (i hope it will not be the case) it will affect the value of bitcoin considering the simple fact that meaning would be almost impossible.

[Betwrong]

First of, I want to say that I agree with many posters in this thread saying we don't need any global disaster because most likely any field will be affected in a negative way in that case. But let's fantasize a bit, let's imagine that a nuclear war happened and all big cities with banks and other vital institutions have disappeared as a result. All the currencies, people accustomed to trust, like EUR, USD, GBP, CHF, etc. are suddenly worth nothing because the countries they were backed by were targeted above all others. What people would prefer to use as a global currency in that case?

[rika0223]

It depends on the type of disaster faced by earth.
But somehow i think it might decrease the value of bitcoin since people will need more money to buy a lot of supplies for future due to which they will sell the bitcoins and thus it will affect the price.
I hope it never happen 

let alone global catastrophe bad news from the government can influence the development of crypto currency so let alone with bad changes about the world

[Mometaskers]

Depends on the disaster and how much of the world is affected. Destroyed infrastructure is definitely going to negativeky affect the price. Bitcoin might survive a few weeks of power interruption but if places where majority of miners are affected, that's definitely a huge setback.

[gentlemand]

Economic meltdown in a few countries would work in BTC's favour.

A legit global catastrophe would render BTC as abstract and meaningless as everything else including gold.

The only things worth anything would be food, medicine and bullets.

[Betwrong]

Economic meltdown in a few countries would work in BTC's favour.

A legit global catastrophe would render BTC as abstract and meaningless as everything else including gold.

The only things worth anything would be food, medicine and bullets.

I absolutely agree with you on gold,  and I think bullets can be currency, as cowrie seashells used to be, particularly on a local level. But I think in a global nuclear war scenario not every country will be targeted, only major ones, and thus the Internet can survive.  So I can imagine a situation when in the post-war world former hard currencies are no longer trusted, but the there is a need for a universally trusted currency, especially for conducting transnational operations.

[jademaxsuy]

It will definitely decrease as we all know that cryptocurrency depend on fiat money for now so what ever downfall it will going to take on the fiat monet like disaster then it will going to affect cryprocurrency also. Then we are talking about global disaster so it may be worst. The disaster itself in dictionary had no good meaning and hopefully it will not going to hit us any kind of disaster.

[Snaic]

If those things will happen if it will be really global then bitcoin price will be last to be worry about

That's for sure. If a global catastrophe happens, it will put people on the brink of survival. At the same time, the Internet will probably disappear, and with it the cryptocurrency will disappear. Of course, in such a situation, the cryptocurrency will simply be forgotten.
 Even if the Internet still works for some time, people will be afraid that it may disappear and the cryptocurrency will practically depreciate. Even if the threat of the disappearance of the Internet is not, which is unlikely, vseravno with a global catastrophe, the liquidity of the cryptocurrency will drop sharply, products and essentials will be valued.

[whirlcoin]

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 ? 

there is nothing changes with their development or falling of Bitcoin in this world because there is no connection between the world economy and the Bitcoin so if anything will be changed in the Bitcoin there will be no connection between the development of normal economic situation

[gentlemand]

I absolutely agree with you on gold,  and I think bullets can be currency, as cowrie seashells used to be, particularly on a local level. But I think in a global nuclear war scenario not every country will be targeted, only major ones, and thus the Internet can survive.  So I can imagine a situation when in the post-war world former hard currencies are no longer trusted, but the there is a need for a universally trusted currency, especially for conducting transnational operations.

Even if a country itself was unscathed, the economy would be so mangled and supplies would collapse so rapidly that you'd wind up full Lord of the Flies in no time. Things are far too interconnected these days for anywhere to carry on ticking away happily if the major powers were smoking ruins.