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Author Topic: Will Bitcoin value crash if North Korea goes to war with Japan  (Read 4290 times)
noormcs5
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August 31, 2017, 09:14:49 AM
 #41

I don't like war also i know on one like war. I have always hope for better time. But as i understand then i think North Korea also don't like to war with Japan. But it is matter of 2 countries between them about bitcoin prediction, in this time is not possible. Because now not war is coming and bitcoin is also going to up. 

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August 31, 2017, 09:19:28 AM
 #42

Bitcoin's supply and demand does not depend on whether a country is at war at another. Of course you could argue that people will start using bitcoin because it's a global currency, when the economy of the countries at war completely collapse, but i doubt it's going to impact the price that much anyways.

Vice versa, why would anyone want to dump their coins just because a country's at war with another one? They are much better off just holding it...

I think demand for bitcoin will soar in the affected regions, and will affect bitcoin's price worldwide.

For example, say you are a South Korean, and you are worried about the war. You buy some bitcoin as a hedge - that way, if there is a war and the Korean Won tanks along with the economy, you and your family are still good, you've got bitcoin which has held it's value (or increased), which you can then change into lots more Won to live.

 
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August 31, 2017, 09:55:37 AM
 #43

Modern war will not last for long. If Kim decides to attack Japan in a few days, North Korea in ruins. This may affect the price of bitcoin, but not for long. To take a fall like we used to. Nothing can stop bitcoin.
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August 31, 2017, 10:05:44 AM
 #44

Hey guys. With North Korea sending one of their bombs flying over the island of Japan it made me realize what happens to the value of Bitcoin if a war breaks out.

If North Korea attacks Japan will it send the value of Bitcoin crashing down or will the opposite happen? 

Let me just also clarify that I do not wish for a war and hope the value goes up in a peaceful environment.

It's hard to predict, but some of asia stock price decrease because of that. If war really happened between North Korea and Japan, i'm sure it will affect the price of bitcoin. The problem is we don't know is the price will be increase or decrease, not only bitcoin but other currencies will affected by that.
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August 31, 2017, 10:48:29 AM
 #45

Hey guys. With North Korea sending one of their bombs flying over the island of Japan it made me realize what happens to the value of Bitcoin if a war breaks out.

If North Korea attacks Japan will it send the value of Bitcoin crashing down or will the opposite happen? 

Let me just also clarify that I do not wish for a war and hope the value goes up in a peaceful environment.

Bitcoin will crash when Alliens attacks us and turn off internet.

Why would BTC care of any war on Earth? It will only gain traction since will be a way to trade with people on other side of a front line.
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August 31, 2017, 11:05:18 AM
 #46

Hey guys. With North Korea sending one of their bombs flying over the island of Japan it made me realize what happens to the value of Bitcoin if a war breaks out.

If North Korea attacks Japan will it send the value of Bitcoin crashing down or will the opposite happen? 

Let me just also clarify that I do not wish for a war and hope the value goes up in a peaceful environment.

It's hard to predict, but some of asia stock price decrease because of that. If war really happened between North Korea and Japan, i'm sure it will affect the price of bitcoin. The problem is we don't know is the price will be increase or decrease, not only bitcoin but other currencies will affected by that.
The fact that the price will not increase that's for sure. War can have a positive impact on any currency. Capital can move to where the backwater. Japan's economy will weaken. But bitcoin may not suffer as a result of war within the region. I think everything will remain as it is.
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August 31, 2017, 02:23:01 PM
 #47

Everything will get effected if war happens anywhere in the world . Be it stock market, finance world or be it cypto world. All coins value will fall due to uncertainly that will exists at the time of war. It effects the whole economy of the country and it goes back by few years. It affect the people who stays in those are and are unnecessary get killed without their fault. I hope there is a peace and humanity exists everywhere.


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August 31, 2017, 02:52:00 PM
 #48

I think only gold will survive if WW3 escalate. Why not Bitcoin ? Because after nukes and EMP blasts we probably won't even have electricity, not to mention Internet.
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August 31, 2017, 03:58:21 PM
 #49

Well this is beyond of your imagination OP, i too having such a hard time to understand because if these catastrophic event you are saying will going to happen. Hell, no! War is not the answer to all the aggression, we must be unite to build a peaceful environment. But for your sake i will answer your question, of course the price will going to go down everything is affected when there's a war.

3996
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August 31, 2017, 05:09:17 PM
 #50

If a war broke out between Japan and North Korea. I don't think North Korea would stay in war for longer. Japan is strong enough to protect itself and also in such circumstances America would be supporting Japan. There is no chance North Korea could survive the war. Thus, there wouldn't be any major effect on bitcoin. There would be a drop but wouldn't be drastic. moreover, such things have never happened before. So, giving the exact idea is near to impossible.
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August 31, 2017, 05:40:29 PM
 #51

it will I guess since its also a currency and if war will happen panic selling will impact also to bitcoin investment as we knew by the fact
that we cant do anything to avoid if ever this north Korean minister will really hits japan or US hope he would not pursue to it.
Why do you think that in case of war, all rush to sell their bitcoins. During the war, there can be problems with the Internet but that does not mean that Fiat money will have value. During the war, money is useless. A piece of bread can have more price than a piece of gold.
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August 31, 2017, 05:54:11 PM
 #52

If a war broke out between Japan and North Korea. I don't think North Korea would stay in war for longer. Japan is strong enough to protect itself and also in such circumstances America would be supporting Japan. There is no chance North Korea could survive the war. Thus, there wouldn't be any major effect on bitcoin. There would be a drop but wouldn't be drastic. moreover, such things have never happened before. So, giving the exact idea is near to impossible.
when there is war then anything can happen. I think everyone will be frightened and panicked. in the end they will sell some of their property and try to buy something more valuable and can also be safely stored at home. bitcoin may be strongly affected, for example in the past when dollar prices declined and some of the world's currencies were destroyed during World War 1 and 2. so I think when there is a third world war will surely greatly affect the state of the economy in the world.
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August 31, 2017, 06:01:55 PM
 #53

I think bitcoin price will clash if north Korean and Japan go to war. I don't actually seeing that there is going to be war between the two countries because if that happen we should expect that there is going  to be Third World  war and the Third World War fight is going to make between fell because most of the world power countries will be involved.  Bitcoin will do well when the world is at peace.
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September 01, 2017, 02:37:29 AM
 #54

I think if the shtf people won't care about cryptocurrency, they will care about things that help them on a survival day to day basis. I may be wrong, but I doubt it.
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September 01, 2017, 02:55:48 AM
 #55

In the event of war bitcoin should be able to use radio waves to transact. And with your private key  nothing should happen to your coin.

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September 01, 2017, 04:27:08 AM
 #56

Impossible to predict.
Yeah, it is also impossible to predict if North Korea will go to war with Japan. But if we consider BTC as any other economy then war will have adverse affect on it, and as Japan being one of the leading BTC user, if their economy is trashed then BTC's price can suffer a dump.
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September 01, 2017, 04:44:12 AM
 #57

Hey guys. With North Korea sending one of their bombs flying over the island of Japan it made me realize what happens to the value of Bitcoin if a war breaks out.

If North Korea attacks Japan will it send the value of Bitcoin crashing down or will the opposite happen? 

Let me just also clarify that I do not wish for a war and hope the value goes up in a peaceful environment.

Bitcoin will crash when Alliens attacks us and turn off internet.

Why would BTC care of any war on Earth? It will only gain traction since will be a way to trade with people on other side of a front line.
You can't say that for certain that value would remain the same, go up or come down. It depends on who all participate in the war and what each of them lose. If USA joins and gets a big impact it will have negative impact on Bitcoin.
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September 04, 2017, 05:04:50 AM
 #58

So during the weekend NorKor tests another H-Bomb. Things are heating up this side. Japan and SoKor all feelin uneasy. USA is barking but nothing beyond it right now.

Bitcoin has weakened a bit over the weekend. That is a totally alternate reason I guess.
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September 04, 2017, 05:40:23 AM
 #59

So during the weekend NorKor tests another H-Bomb. Things are heating up this side. Japan and SoKor all feelin uneasy. USA is barking but nothing beyond it right now.

Bitcoin has weakened a bit over the weekend. That is a totally alternate reason I guess.

Sanjeev... wait until other traditional markets are open to really compare other financial assets.

You want to know the truth of what's been happening with Bitcoin prices during times of fear and NK news? Just scroll to chart below.

If war takes hold the waves of credit start to recede from traditional financial assets, but there is a CROSS-BORDER, UNFREEAZABLE asset of Bitcoin which is experiencing an INCREASING amount of net investment INTO bitcoin EVEN AT recent "HIGH" PRICES.

One of the drivers is that only some private investment funds, hedge funds, private partnerships, endowment funds are BEGINNING to dip tiny allocations into this new uncorrelated financial asset.

This year and next they will play catch up until Bitcoin (in some year long-time from now) normalizes to size of an invested financial asset with a market cap above $300B (current market cap at time of this writing is less than $80B).

Evidence of said recent phenomenon:

If the market were to collapse (modern-day markets pegging S&P 500 US Stocks index as a worldwide primer) - where will the flight to safety be?

Quantfunds (Quantitative investment funds that rely on mathematical models for investments) are infamous at crunching through vast arrays of data across all asset types to use combine investments of less-correlated assets together to acheive great investment returns while still being defensive during down markets.

What will hedge fund / quant-fund data show?

Since mid-June here were the performance of asset-classes when S&P 500 was down more than -0.2% in a day.



There were only 10 days since mid-June where daily drop of S&P exceeded -0.2%. The above compares how Bitcoin, Gold, Long Term US Treasury Bonds, US Commercial Real Estate (REIT), and Bullish US Dollar Index did on those same days.

The assets are represented by most established, regulated, liquid ETFs:
Gold  ticker: IAU - iShares Gold Trust
Long Term US Treasury Bonds ticker - TLH - iShares 10-20 Year Treasury Bond
US Commercial Real Estate ticker - VNQ - Vanguard Real-Estate-Investment-Trusts ETF
Bullish USD index ticker - UUP - PowerShares DB US Dollar Index Bullish

Where will the flight to safety be in terms of assets/investments?

There are already 3 large institutional investment vehicles for private investments, hedge funds, and quant-funds to get bitcoin exposure:
-XBT provider's bitcoin swedish nasdaq etf (priced in SEK currency) : bitcoinxb / bloomberg ticker: coinxbt [not real btc]
-Grayscale's bitcoin Over-the-counter markets fund : GBTC  [not real btc]
-Gemini's exchange's daily auctions of bitcoin buyers and sellers [real btc?]

This is outside of the many popular exchanges that exist for bitcoin and cryptocurrencies including p2p exchange localbitcoins. [real BTC]

Does it seem to be that private investors see an easy flight to safety into bitcoin for its investment portfolios?

These past 24 hours served as yet another example; global newslines ringing alarms of N.Korea missles flying past Japan as well as continued floods in Texas and Mumbai India - amidst all the trouble, alot of money had flowed into "safety" of Bitcoin to push it to new highs.

It seems this pattern has already been established - and funds will continue to flow into bitcoin when other financial assets falter?

Any comments? On Global assets and fiat?

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September 06, 2017, 02:33:33 PM
 #60

NoKor doesn't have any significant impact on economics anywhere in the world, but Japan does. Fortunately, NoKor will never attack any other country first due to the fact that there's only China backing them up once this shit goes to reality. Also, this is just another Cold War—in my opinion—to show other countries who has the biggest dick of them all. On the other hand, Japan continues on supporting bitcoin all the way, and it's not as if Japan holds all of the trading volume of bitcoin. It might be some small change but not that drastic.

But again, who knows? It's very unlikely that a third war might broke. It's just some egotistic leaders wanting to show off their dicks.

I would like to say that we should not abuse here because if we are abusing here then we are rushing forum here so i would like to say that stay away from abuses here because it is not that much good as you expecting so i would like to say that we should positive things here not a negative here. Because negative thing can be more effect your account.
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