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Author Topic: Would you keep Bitcoin in a Big War?  (Read 23399 times)
innocent93
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November 14, 2017, 09:12:03 PM
 #761

Everybody should keep food and physical gold in a big war. What about bitcoin? Would you keep it? Or is it the first thing you would sell in such a chaos?
Once someone said, related to social media, that when something comes out in the internet then it will always exist, so even in a great war i think that i would hold on my cryptocurrency.

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November 14, 2017, 09:22:04 PM
 #762

If something like that would happen that would be a disaster for all of us. In that harsh times, and it happened before, money is the last thing on your mind. Food and shelter are 2 most important things in that kind of situation. I would exchange all my BTC for cash cause for a sure price would fall in instant moment and I would buy myself and my kid's everything we need to survive whatever comes in our way. In that kind of situations, money is your last worry that you must think about- survival is the priority!
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November 14, 2017, 10:57:23 PM
 #763

When the big war of course everything becomes unclear, inflation will reach tens of percent and this will make the fiat useless. if we keep bitcoin when big war, of course also at risk, everyone will divert money to traditional investment type that is gold or silver.



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YoungMaster
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November 15, 2017, 12:01:03 AM
 #764

Of course, I would keep my bitcoin.
If a big war happens, bitcoin prices are not affected by the war or maybe there is a bit panic sell but not too massive.
It differs from the fiat money because the fiat money is influenced by the government of a country, in contrast to the decentralized bitcoin. 

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November 15, 2017, 12:22:57 AM
 #765

Bitcoin might loose it's value to just ICO bans in some regions or countries , so i'm pretty sure it will fall off very quickly in a case of a war or some disaster and i'll probably try to cut my loss and sell it as soon as possible before it's value drops to thin air . Mining farms could go off or destructed also so even if it still has value we won't be able to do any transactions and a fancy ship in the middle of the desert worth nothing .

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millgates
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November 15, 2017, 12:43:34 AM
 #766

When the big war of course everything becomes unclear, inflation will reach tens of percent and this will make the fiat useless. if we keep bitcoin when big war, of course also at risk, everyone will divert money to traditional investment type that is gold or silver.
Yes, that is possible. Probably people will preffer like to convert all their waelth into gold, but where they save the gold? Everywhere is unsafe except internet. So there is also a probability that people will convert all their wealth into bitcoin.


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November 15, 2017, 12:53:04 AM
 #767

best to have a varied stash:

cash
gold and silver bars/coins
barer bonds
knife
gun
water
food
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November 15, 2017, 01:13:43 AM
 #768

Everybody should keep food and physical gold in a big war. What about bitcoin? Would you keep it? Or is it the first thing you would sell in such a chaos?

It depends on who the war was between and what type of war it was but probably I would hold some bitcoin still yes, in fact I may transfer some other wealth in to bitcoin in such a scenario.

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November 15, 2017, 02:04:38 AM
 #769

Everybody should keep food and physical gold in a big war. What about bitcoin? Would you keep it? Or is it the first thing you would sell in such a chaos?
big war? big war on market or in world ? but i hope worldwar3 wont happen because a lot of people will die if it happens so even you'll hold your bitcoins if your country destroyed and i think you will die lol.

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November 15, 2017, 02:06:57 AM
 #770

Everybody should keep food and physical gold in a big war. What about bitcoin? Would you keep it? Or is it the first thing you would sell in such a chaos?
If there will be a war in our country, the first thing that i will do to my bitcoin is to convert it all to physical money so that i will have something to spend in case of emergency. Also in a big war, you should take care of yourself and your family so you need at least physical money for us to survive.

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November 15, 2017, 04:42:11 AM
 #771

Everybody should keep food and physical gold in a big war. What about bitcoin? Would you keep it? Or is it the first thing you would sell in such a chaos?
That will depend on how big is the war, if the war is local and it is in my country I will sell it since the most important thing is to survive, if the war is close but I can avoid it then I will not sell but if the war is all over the world I will sell since at that point keeping yourself alive is the priority and not the possible profits you could get.


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November 15, 2017, 04:45:04 AM
 #772

if there is a chance, of course I will keep it. it would be a very good thing to store bitcoins in critical moments. well, as I know, when a crisis happens, bitcoin prices will go up high. so I guess that's also true of war

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November 15, 2017, 05:40:28 AM
 #773

if there is a chance, of course I will keep it. it would be a very good thing to store bitcoins in critical moments. well, as I know, when a crisis happens, bitcoin prices will go up high. so I guess that's also true of war

The same part of me, I also take advantage in that time because like what you said bitcoin will more increase if there's crisis happened. So I store bitcoin  for a long term because everything has gonna ending, so the war will not be forever and a time will come when the war will stop, surely we can access to our bitcoin after the big war end. And I feel safe in that time because my bitcoin funds still have on my wallet and continuous making profits.

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November 15, 2017, 07:00:58 AM
 #774

If there is a big war, how can we store bitcoin? with the presence of big war clearly technology will be ruled or destroyed by the military,  with the aim of winning the war, bitcoin is no longer safely hold by the people in the presence of war.

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November 15, 2017, 07:04:52 AM
 #775

Everybody should keep food and physical gold in a big war. What about bitcoin? Would you keep it? Or is it the first thing you would sell in such a chaos?
That would be nonsense in my opinion. We are never even sure if we will be able to use it after the war. More preferrable, i will sell it BEFORE the war if possible. And in the first place, people will not even think about money because the thing that will only matter is how will an individual survive. So moreover, people will focus into foods and shelter.

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November 16, 2017, 04:58:26 AM
 #776

Definitely no! In occasions like that where you must do everything to endure due to what damagetabattle may have completed to you, it is best to possess enough food and water that you should final until your country can recover from the harm worked. It is not like you can use bitcoin at this particular some time and its price will most likely go soouth so it might not be useful while you believed it might be.  ht
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November 16, 2017, 05:11:44 AM
 #777

The war is a chaos and you know that you will die in case you are in a state of affliction or disturbed. If I'm in this situation it's likely I can not think of such things anymore. The only thing I can do is save myself and my loved ones in life. because my bitcoins were placed in my online wallet. So Even if the computer breaks It is not a problem. It really depends on your situation if your bitcoins might seem like a paper wallet that it really gets recovered.

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November 16, 2017, 05:52:17 AM
 #778


i'd sell mine all if possible. i could end up dead
i'd probably buy a token created by dev team from super power countries like china and russia after the war. these tokens probably will survive after the hell. but that is if the team weren't bombed.  Grin

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November 16, 2017, 06:38:52 AM
 #779

The war is a chaos and you know that you will die in case you are in a state of affliction or disturbed. If I'm in this situation it's likely I can not think of such things anymore. The only thing I can do is save myself and my loved ones in life. because my bitcoins were placed in my online wallet. So Even if the computer breaks It is not a problem. It really depends on your situation if your bitcoins might seem like a paper wallet that it really gets recovered.

You are right it is depdends on the situation, but you can save your bitcoin while you are saving your love one and your life so after the big war you can not lose your bitcoin and you also use it that time.

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November 16, 2017, 01:05:16 PM
 #780

No, I believe that within the war bitcoin and all sorts of currencies will become simply ineffective. Only meals, medication, weaponry and protection is going to be appreciated. Everything else will forfeit value throughout the war.
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