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Author Topic: About world crisis and criptocurrency  (Read 2248 times)
BaraxLo
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November 15, 2017, 12:30:45 PM
 #81

Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

For me l think crypto will fall down also,so maybe people will just wait for the coming up of crypto again.Many people will be affected on this time because people now is hoping for cryptos to have profit and income.
There is no such thing coming so that such a profitable currency will fall and as bitcoin is unstoppable because this bitcoin has proved its world and if the disaster come to the main leading user countries then there will be a slight dump but other region’s investor will buy to give it stability so invest without worry dude btc will stay till there is no human and no internet in this planet.  This is impossible till apocalypse.

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November 16, 2017, 10:55:01 AM
 #82

Appearance of Bitcoin was as the answer to the financial crisis 2007-2009. Cryptocurrency is one of the most independent investment for now. It's not depend of the real market situation. So If the new crisis will begin the virtual currency would be the more stable than anything in the real world!

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November 16, 2017, 11:02:17 AM
 #83

Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

I think it could be a country will transact for the tool of exchange with gold. Because I think the gold price will be much more stable in Appeal with crypto currency, they can only affect the economy of bitcoin in exchange. Because more people in bitcoin community were lost of job, crypto currency will still find other reliable resources such as gold
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November 16, 2017, 11:12:37 AM
 #84

Appearance of Bitcoin was as the answer to the financial crisis 2007-2009. Cryptocurrency is one of the most independent investment for now. It's not depend of the real market situation. So If the new crisis will begin the virtual currency would be the more stable than anything in the real world!
How can we talk about the stability of the cryptocurrency? A few days ago we saw the fall of bitcoin prices by 20%. You call that stability? Even during the crisis of Fiat money did not show such results. But I agree that cryptocurrencies don't depend on the state of the economy as they have an international cap.
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November 16, 2017, 11:15:27 AM
 #85

Appearance of Bitcoin was as the answer to the financial crisis 2007-2009. Cryptocurrency is one of the most independent investment for now. It's not depend of the real market situation. So If the new crisis will begin the virtual currency would be the more stable than anything in the real world!
How can we talk about the stability of the cryptocurrency? A few days ago we saw the fall of bitcoin prices by 20%. You call that stability? Even during the crisis of Fiat money did not show such results. But I agree that cryptocurrencies don't depend on the state of the economy as they have an international cap.
They might still be related on someway, but not too closed to affect too much the price, your right that its fiat depends on once economy and we need to spend our crypto into fiat when economies getting low.

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November 16, 2017, 11:22:29 AM
 #86

Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?
I am very worried if there is an economic crisis in the world Because it will make the existence of bitcoin more vulnerable to collapse.So the problem will make the hunter panic and as soon as possible to find a way out that must be done is turned to look for real work as quickly as possible.

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November 16, 2017, 12:24:25 PM
 #87

they like crisis situations. value. but earning a penny does not always gain. it means that the things to be bought with money are also expensive. the only thing that is changing the price is not the money that is available. everything becomes very expensive.


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November 16, 2017, 12:28:57 PM
 #88

Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?
I am very worried if there is an economic crisis in the world Because it will make the existence of bitcoin more vulnerable to collapse.So the problem will make the hunter panic and as soon as possible to find a way out that must be done is turned to look for real work as quickly as possible.

In the past we saw an increase in btc price, e.g. in Japan and South Korea the uncertainty of a North Korean threat made ppl buy BTC.
Also Zimbabwe military coup and vezoelian economic crisis made ppl there to turn to BTC.
So I think that if the crisis is not world wide and very severe it would be good for BTC.
Alts would maybe suffer, but BTC would profit.

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November 24, 2017, 04:12:36 PM
 #89

Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

each crisis forms its own investment policy. The crisis has many variables. for example, the embargo between countries is a kind of crisis. Therefore we have to think about type of crisis. Of course it may affect cryptocurrency.

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November 24, 2017, 04:15:04 PM
 #90

It is crypto and i think the world crisis is not a big impact on the crypto world because the crypto world is online and the crisis is in real life so i think the impact would be more on cash than on the crypto world i think that is how it is supposed to be.
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November 24, 2017, 04:38:47 PM
 #91

Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

each crisis forms its own investment policy. The crisis has many variables. for example, the embargo between countries is a kind of crisis. Therefore we have to think about type of crisis. Of course it may affect cryptocurrency.

There are also some crisis that are related to cryptocurrency, such as total ban of usage of a certain country. Crisis can never be good for an economy, but it also depends on what the situation really is. It could also benefit us or there is also a tendency that it will lower all our funds and become useless, about for example, there is an occurring calamity or natural disaster which also has a huge impact and can lead also to crisis, all the cryptocurrencies in that specific are is useless, not unless it will be resolved or it would be taken action immediately.

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November 24, 2017, 05:22:15 PM
 #92

I think it is very dangerous to the economic development of a country. usually the crisis will make some exchange rate of something goods to be lower as well as bitcoin, because the owner of bitcoin itself is the people spread all over the world

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November 25, 2017, 11:03:10 AM
 #93

I think that during world crisis,bitcoin would become useless since it is valued in USD.If the crisis makes electricity and internet also unavailable,then there is no room for bitcoin also to be used.In such situations,gold had been the ultimate choice many times before.So,this time also,gold would be used.People would find it as the safe haven.

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November 25, 2017, 10:24:22 PM
 #94

Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?
I think the price of Bitcoin will affect the world crisis, it's like the interconnected between world finance and Bitcoin...
I do not agree with the fact that the price of bitcoin will affect the world crisis.
I also doubt that there will be a massive influx into the cryptocurrency

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November 25, 2017, 10:26:52 PM
 #95

We had experienced this before last 2008, when bitcoin came to rule the world of technologyor internet. peopl are engaging to bitcoin an other cryptocurrency.

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November 26, 2017, 09:57:33 AM
 #96

Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

Historically, when there are times of uncertainty around the world, or in specific places in the world, or when the confidence in the national currency decreases, people flock to gold for safety.  With cryptocurrencies around nowadays, I'd think that any uncertainty or currency crisis would cause a huge influx of money into cryptos for safety to maintain wealth.

Because crypto will maintain their value? For real, look at how bitcoin, the #1 coin, fluctuates. It could go down 10% in a day. I do not think we will see a massive increase in money going to crypto's in a crisis, but rather something like gold.

Crypto's are also far from being mainstream.
The best piece of Bitcoin is that it is autonomous of each and everything identifying with this world. In the event that it is about political emergencies or financial emergency, nothing has finished with the cryptographic money since it isn't possessed by any nation or specialist. It works in its own way with sound and safe condition.
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November 26, 2017, 10:49:05 AM
 #97

World crisis like world war? I think the bitcoin price will go down because its investors will withdraw their coins for their necessity and the people who invest on cryptocurrency will lessen.

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November 26, 2017, 10:55:25 AM
 #98

I think that during world crisis,bitcoin would become useless since it is valued in USD.If the crisis makes electricity and internet also unavailable,then there is no room for bitcoin also to be used.In such situations,gold had been the ultimate choice many times before.So,this time also,gold would be used.People would find it as the safe haven.
Bitcoin is truly a safe Haven same as gold, because people tend to make the best profit through bitcoin at the earliest. So,  even if the market collide after certain time period too, the market won't be affected big. Based on the fact I believe world crisis won't be having much effect on the bitcoin.


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November 28, 2017, 11:58:53 AM
 #99

It is crypto and i think the world crisis is not a big impact on the crypto world because the crypto world is online and the crisis is in real life so i think the impact would be more on cash than on the crypto world i think that is how it is supposed to be.
I have the very same opinion regarding crisis. Bitcoin or any other digital currency do not depends on world crisis or world welfare in any way for their development.

If there will any sort of crisis, I am pretty sure that people will start using bitcoin and other digital currencies more. There is as such no link between the survival of digital currencies and world crisis as such, they don’t depend on each other in any way.

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nagatraju
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November 28, 2017, 06:11:59 PM
 #100

I agree with the idea that the global crisis will affect bitcoin....for the reason that everything depends on the emotions of people and their decisions...and people in the crisis will be massively suppressed, so the price will decrease
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