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Author Topic: North Korea and America Dispute, Will it Affect Bitcoin's Value?  (Read 289 times)
Cranidos
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August 14, 2017, 06:24:58 PM
#1

We are quite aware of the dispute between America and North Korea. North Korea even threats America about bombing Guam with missiles. If this happens, a possible war between North Korea and America will be triggered. The allies of both party might get involved as well. So we may be talking about a big war. So if this gets underway, what will be the effect of this possible war to Bitcoin, as well as to Bitcoin's price?

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xplorer79
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August 14, 2017, 06:39:21 PM
#2

IMO, if there is an effect of this nonsense to bitcoin, it will be a raise. I'm almost sure POTUS insane speaches (not only about NK) will finally trigger a drop in $ value, so traders will turn to other assets, like bitcoin.
I wish I could have invested in bitcoin...

craZyLovE0916
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August 14, 2017, 06:40:32 PM
#3

There have been threats between these two nations going on decades now and nothing ever happens. We cannot go through life always worrying about what we hear in the media, otherwise we will go crazy.

The bottom line is even if something were to happen, it is unlikely that it would have a significant effect on Bitcoin. The two issues are not very related to begin with, so they do not have much influence over one-another.



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Lieldoryn
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August 14, 2017, 06:46:07 PM
#4

Can affect if this conflict will affect China. In China will not fight anybody, but the radioactive cloud can be attributed to the wind on the territory of China. Who knows how much oil production capacity is located in China on the border with North Korea? Their closure may have some impact on the price of bitcoin.

Boys27
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August 14, 2017, 08:13:07 PM
#5

Wars greatly affect the economy, such as in the first and second world wars. If the influence to bitcoin may have little effect on bictoin if the war is only 2 countries america and north korea, but if many countries are fighting mingkin influence will be felt to bitcoin, In my opinion, hopefully there will be no war. Because the war made the people of the warring countries to suffer the worst in the ekomonic

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August 14, 2017, 08:57:13 PM
#6

I think it's too early to think far there. Currently the UN is also not staying silent and continue to seek solutions to the dispute. I also think, at this time the world community also does not want with the battle between the two countries. This also applies to the people of Palestine and Syria. What happens with Iraq is enough to be an example, not to happen again. If I am a country leader, I would rather say a war on terrorism and drugs.

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Pettuh4
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August 14, 2017, 09:35:50 PM
#7

I think it's too early to think far there. Currently the UN is also not staying silent and continue to seek solutions to the dispute. I also think, at this time the world community also does not want with the battle between the two countries. This also applies to the people of Palestine and Syria. What happens with Iraq is enough to be an example, not to happen again. If I am a country leader, I would rather say a war on terrorism and drugs.

Precisely, these are early days and we shouldn't predict doom where there's nothing. I think Bitcoin depends on the power of the internet and anything apart from switching off the internet cannot spell doom for Bitcoin.

6Asmodeus6
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August 14, 2017, 09:40:27 PM
#8

I don't think that it will effect the prices too much,it will have minor changes.If it goes that further and U.S starts a war with Korea the last thing we should be bother will be bitcoin.

inanilujimi
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August 14, 2017, 09:52:38 PM
#9

In my opinion the possibility of bitcoin price will be affected for sure.
It is in because America is very influential on Asian countries
If there is war between the two countries the world economy will change as well as bitcoin.

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August 14, 2017, 10:06:08 PM
#10

In times of turmoil people will always gurn to safe Haven assets like gold, silver , bonds and now bitcoins. It's obvious when you see the huge spike in bitcoin price that it's not 100% from the fork.
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August 14, 2017, 10:13:46 PM
#11

Of course it will in my own perspective because as we may see that when there is a threat of war with each single nation to the other nation their currencies fluctuates, with this scenario the dollar will change its value so if it is the trading of BTC/USD will affect it so logically it will really affect the Bitcoin's value but I think it will never hinder the price of Bitcoin to go up as it is a digital currency and not a FIAT.

*My wild guess is that maybe some terrorist that is funded by Americans will be using Bitcoin as a payment.*

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