Juggy777 (OP)
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April 25, 2017, 05:32:41 AM |
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While reading the news I experienced a sudden chill running down my spine, it stated that USA ships are moving towards North Korea and North Korea has warned any aggression on USA part and they shall wipe out USA, indirectly hinting at nuking them. In the past we could have ignored this news, and moved on but look at the two leaders who have the ultimate power to cause destruction and neither of them will back down. If this isn't worst the mystic had predicted 13th May 2017 the day world War III would begin, though she's got few things wrong and let's hope she got this wrong to. So worst case scenario war breaks out, what will happen to Bitcoins, as they are valued in $?
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rjclarke2000
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April 25, 2017, 05:41:15 AM |
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While reading the news I experienced a sudden chill running down my spine, it stated that USA ships are moving towards North Korea and North Korea has warned any aggression on USA part and they shall wipe out USA, indirectly hinting at nuking them. In the past we could have ignored this news, and moved on but look at the two leaders who have the ultimate power to cause destruction and neither of them will back down. If this isn't worst the mystic had predicted 13th May 2017 the day world War III would begin, though she's got few things wrong and let's hope she got this wrong to. So worst case scenario war breaks out, what will happen to Bitcoins, as they are valued in $?
Worst day ever we are all going to die............what will bitcoins be worth? Ha ha. Sorry but that is a funny post. My opinion- nothing will happen to the price.
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paffie
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April 25, 2017, 05:44:37 AM |
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It's an interesting question tbh... Bitcoin isn't really linked to USD, it's an open market. You can use RUR or EUR (and probably other currencies too) to buy BTC directly. That being said, i think a war could never be good for a currency, however, since BTC would be one of the only globally accepted currencies, i don't think the price would drop... But that's just my gut feeling, i don't have a degree in economics, nor did i took the time to investigate what other currency prices did during previous wars.
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Mikkatronic
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April 25, 2017, 06:47:44 AM |
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Nothing happen with the Price
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hase0278
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April 25, 2017, 07:51:00 AM |
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While reading the news I experienced a sudden chill running down my spine, it stated that USA ships are moving towards North Korea and North Korea has warned any aggression on USA part and they shall wipe out USA, indirectly hinting at nuking them. In the past we could have ignored this news, and moved on but look at the two leaders who have the ultimate power to cause destruction and neither of them will back down. If this isn't worst the mystic had predicted 13th May 2017 the day world War III would begin, though she's got few things wrong and let's hope she got this wrong to. So worst case scenario war breaks out, what will happen to Bitcoins, as they are valued in $?
Obviously the price of btc won't change a bit during that time like what others said and the war was not the worst case scenario I think but us probably dying because of the war and if some of us or me died in that war, those who died can never ever come back here, post and speculate btcc price and the btc they got would be in their wallets forever probably untouched. For now one needs not to think about the price of btc when war starts but rather how to survive world war 3 if ever one will happen soon.
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Seansky
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April 25, 2017, 07:58:10 AM |
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While reading the news I experienced a sudden chill running down my spine, it stated that USA ships are moving towards North Korea and North Korea has warned any aggression on USA part and they shall wipe out USA, indirectly hinting at nuking them. In the past we could have ignored this news, and moved on but look at the two leaders who have the ultimate power to cause destruction and neither of them will back down. If this isn't worst the mystic had predicted 13th May 2017 the day world War III would begin, though she's got few things wrong and let's hope she got this wrong to. So worst case scenario war breaks out, what will happen to Bitcoins, as they are valued in $?
Worst day ever we are all going to die............what will bitcoins be worth? Ha ha. Sorry but that is a funny post. My opinion- nothing will happen to the price. We all are probably gonna die but not all of us, there will be survivors that will use btc after the war. Nothing will happen to the price except that there won't be a btc-usd market probably because America might get wiped out. I really do hope that we who posted here will be survivors but for now I think the best thing to do is to prepare for the worse in case world war 3 really did start.
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SimmonenY
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April 25, 2017, 08:06:22 AM |
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So, if some people who have serious amount of bitcoins in cold storages die during the war, those bitcoins are gone. Will it influence the price? Or if the economy of the USA, China or Europe suffers will it affect bitcoin?
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Ayers
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April 25, 2017, 10:33:11 AM |
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i think it's only big talk but nothing will happen rest assured, the rpesident of korea like to make this shitty talk to feel better he is like a child that need attention lol, and anyway i believe that i won't care about bitcoin if a nuclear war start, the money will be the last of your worry
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happybitcoinph
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April 25, 2017, 10:36:23 AM |
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Don't mind it mate.
Kim Jong Un is full of talkshit. Just know how to speak boastfully but never doing an action. North Korea is a small baby compare to United States.
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Ibian
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April 25, 2017, 11:01:03 AM |
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Are we not going to talk about all the things wrong with the op?
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Look inside yourself, and you will see that you are the bubble.
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Okurkabinladin
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April 25, 2017, 11:09:15 AM |
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Are we not going to talk about all the things wrong with the op?
Would be cool, if once a month, we senior members would dedicate full day to troll these mentally unstable snowflakes. Eventually prompting them to seek professional help, saving both them and us more valuable time. At worst we could have good laugh and they wouldnt get any dumber. Garbage day. You wouldnt believe how fast I add people to my ignore list, not because of insults or anything remotely like that. Some newbies are just either so autistic or paid trolls, that reading their texts causes brain tumors. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2F68.media.tumblr.com%2F6825635e7288174b4b01febfcafbb560%2Ftumblr_mf11bscnIK1retsz1o1_400.gif&t=665&c=V3FGIJ8X1PeOOw)
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bryant.coleman
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April 25, 2017, 11:10:01 AM |
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So, if some people who have serious amount of bitcoins in cold storages die during the war, those bitcoins are gone. Will it influence the price? Or if the economy of the USA, China or Europe suffers will it affect bitcoin?
I have a counter-argument for that. Suppose there are hundreds of investors who were planning to purchase huge quantities of Bitcoin from the exchanges. A number of them die during the world war. As per your logic, that should result in the reduction of the exchange rates. I think that the effects will cancel out each other. No need to worry too much about it.
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praboso96
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April 25, 2017, 11:36:06 AM |
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i think it's only big talk but nothing will happen rest assured, the rpesident of korea like to make this shitty talk to feel better he is like a child that need attention lol, and anyway i believe that i won't care about bitcoin if a nuclear war start, the money will be the last of your worry
I think so too. All these attempts at war are just an illusion for humanity to attract more attention to itself.
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Pierre 2
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April 25, 2017, 11:51:54 AM |
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If we really talk rationally about price, it wont change by a lot in war days cause of low volume trades. I dont know what happens after the war. Anyways, dont be scared about nk, they have non-working nuclear bombs. even if they work im sure usa has tech to hit it on sky.
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Barrymore
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April 25, 2017, 11:55:36 AM |
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So, if some people who have serious amount of bitcoins in cold storages die during the war, those bitcoins are gone. Will it influence the price? Or if the economy of the USA, China or Europe suffers will it affect bitcoin?
I have a counter-argument for that. Suppose there are hundreds of investors who were planning to purchase huge quantities of Bitcoin from the exchanges. A number of them die during the world war. As per your logic, that should result in the reduction of the exchange rates. I think that the effects will cancel out each other. No need to worry too much about it. I disagree with you. A country that is under war preoriented its economy on a war footing. This leads to a depreciation of the currency of this country, and in the case of America this will affect all currencies. But after the war, the mandatory jump in the growth of the economy. At these races you can always make money.
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BiTZeD
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April 25, 2017, 12:12:23 PM |
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Be reassured, nothing will happen, as the Congress do not want to enter in war. And even if does happen, nothing will happen to the price, why would it ? If dollar price falls compared to the other currencies (but again why would it ?), it will not change Bitcoin price.
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SimmonenY
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April 25, 2017, 12:22:40 PM |
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Be reassured, nothing will happen, as the Congress do not want to enter in war. And even if does happen, nothing will happen to the price, why would it ? If dollar price falls compared to the other currencies (but again why would it ?), it will not change Bitcoin price.
Yes, but it is WORLD war we're talking about, many currencies will be affected, bitcoin included.
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n0ne
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April 25, 2017, 12:42:53 PM |
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Be reassured, nothing will happen, as the Congress do not want to enter in war. And even if does happen, nothing will happen to the price, why would it ? If dollar price falls compared to the other currencies (but again why would it ?), it will not change Bitcoin price.
Yes, but it is WORLD war we're talking about, many currencies will be affected, bitcoin included. Dollar price seems to continuously fall in value. This will sure affect the world economic system. As a part of value fall the bitcoin too gets affected. In this time if war out bursts surely a big fall of few countries mainly US can be felt.
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alyssa85
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April 25, 2017, 12:53:37 PM |
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To have a world war, you need two big countries to square up against each other. North Korea is not a big country, and China is sloqly squeezing it, as part of their deal with the USA - for example, they have stopped buying north korean coal. My guess is that NK will back down, and we'll have a chinese brokered peace.
Basically the US is playing bad cop and China good cop, and it all seems to have been agreed by Trump and Xi at their recent meeting in Florida.
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YuginKadoya
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April 25, 2017, 12:59:05 PM |
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While reading the news I experienced a sudden chill running down my spine, it stated that USA ships are moving towards North Korea and North Korea has warned any aggression on USA part and they shall wipe out USA, indirectly hinting at nuking them. In the past we could have ignored this news, and moved on but look at the two leaders who have the ultimate power to cause destruction and neither of them will back down. If this isn't worst the mystic had predicted 13th May 2017 the day world War III would begin, though she's got few things wrong and let's hope she got this wrong to. So worst case scenario war breaks out, what will happen to Bitcoins, as they are valued in $?
Bitcoin is valued in $ Dollar? I think your assuming that bitcoin is using a dollar currency only, because bitcoin has it's own currency and you can surely convert it to other currency and not dollar alone! I don't think a war would never change the way bitcoin progress but it may drop a notch it this continues! And Regarding about the impending war I just read the news that The US navy sub arrived in the port city of Busan, on the same day that Kim Jong-un celebrates the 85th anniversary of the founding of the Korean People’s army. Analysts have revealed the watercraft can carry 154 Tomahawk cruise missiles and are equipped to stealthily deploy up to 66 Navy Seals. well we are seeing some U.S. vessels on the port of Busan that might escalate a warning to north korea,
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