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Author Topic: effect of war to bitcoin  (Read 1917 times)
Gaff
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September 27, 2017, 09:46:27 AM
 #61

it seems usa vs north korea will happen. nokor just launched another icbm today.

do you think this will start the end of bitcoin?


Should there be a nuclear war against these two countries, bitcoin would be the last thing that I would think of. To answer your question, I think that it may impact bitcoin prices but not that much since there are many factors that can significantly affect the price of it. Also, do remember that USA and North Korea are only 2 countries compared to the countries who transact using bitcoin. I believe that once the war against those countries started and it pulled other countries as well, then expect a dramatic decrease on its price and also to the general goods.
If the war will be unleashed in different countries since they have alliance from different countries then the price of bitcoin will go down very hard because all of the people who invested their money in bitcoin will withdraw it and they will use the money on useful things that can help them to survive in that cruel scenario and it is up to them if they are going back to bitcoin after the war or not.
If that's the case,I don't think all people will do the same thing because the normal routine of bitcoin is recurring issue in every year. Though it may go down in your point of view but it will also kick back for a better money next. We don't even know how this happens but for sure bitcoiners have something to do about it. It may not that quick but the temdency of making it worthy is enough for people who badly need extra income who's like me. I still believe that despite war it will still rebuild what has been damaged structure thing or monetarily.

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September 27, 2017, 09:50:33 AM
 #62

the internet will be paralyzed when the war is right, and at that time transactions in all areas including bitcoin will surely be paralyzed and the price of bitcoin is already on the verge of falling.

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September 27, 2017, 09:56:10 AM
 #63

This might be happen anytime soon and bitcoin will surely goes down because of the war scenario, behold and sell your bitcoin before it drops or else you will lost a great value

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September 27, 2017, 09:58:56 AM
 #64

it is depend of kind of war if small war will not really effect  but big war like WAR III will destroy bitcoin specially if war was between USA , EU , CHINA
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September 27, 2017, 10:08:44 AM
 #65

it seems usa vs north korea will happen. nokor just launched another icbm today.

do you think this will start the end of bitcoin?

I don't think so, Maybe if the war happened and they also attack the place of the database or server of the blockchain or bitcoin then it could be, possibly it could be, but as far as i know they know how to backup therefore the data is still there, anyway. Even if the price of bitcoin will surely fall down if this war will really happen, i'm hopeful that this will kick up again to have a high value. USA and NoKor have a *insert something here* President/Leaders but i don't think UN will just let this happen, diplomatic talks and humbleness will surely let the tension ease.

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September 27, 2017, 11:20:05 AM
 #66

If there would be a war, i think it will depend on what kind of war is it, if its just the us and nokor, we still need not to worry, since nokor has only limited resources, and more likely doesn't have any bitcoin, if us is going to bomb it, bitcoin's price won't be affected, however it we still have a lot of weak hands in the community, who still thinks that nokor would be a threat, thry need to do more research, the technology of nokor decades old, they would just loose, but if the war is against super powers, like russia and the us, and we all know both countries have miners, and since the trade in bitcoin doesn't stop, 3 things might happen, one, the price could halt, but that will be less likely to happen, second, the price will go up, due to the depletion, cause by damages of the miners, some bitcoins might be lost due to the war, and third, bitcoin's pricr will slip, since there will be panic, more and more people will just sell their bitcoin, at a price they know they can survive, and bitcoin might not be used then for the time being, still, in all those 3 scenarios, bitcoin and other altcoins will still survive, since they are digital currency, they can still be recovered.

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September 27, 2017, 11:41:32 AM
 #67

The war will definitely have negative  impact  on  the  price of Bitcoin because of  the  population we have in Korea and  USA, it migth be a great  advantage  to  other countries, definately Bitcoin can not  be  eradicated because  of  the  war, the  two countries are not the  only countries trading  Bitcoin

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September 27, 2017, 11:50:36 AM
 #68

I think that although the war is going on, it will not have any effect on the bitcoin either from the price increase or the fall in prices because I know there isn't any large exchanger operating in north korea.

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September 27, 2017, 12:40:00 PM
 #69

First of all, war is most likely not to happen as both countries know what are the implications of starting one namely, mutual destruction. They would probably resolve it through diplomacy and come to a compromise. However, if by some really bad twist of fate, war broke out, bitcoin's price would probably slump as many people would cash out and use the money for survival.

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September 27, 2017, 02:14:18 PM
 #70

If North Korea and USA start a war, BTC will be your last concern . Only food and anti radiation shelters will have value.
There will effect on the signal of the internet if the war of US and North Korea it coming to start. It a doomsday to the user of bitcoin if the wart is start because internet is the priority of bitcoin.If that happen more transaction will be affected because of the war of the two country. and many country will affected by war as well the communication of internet allover the world.

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September 30, 2017, 08:18:23 PM
 #71

the internet will be paralyzed when the war is right, and at that time transactions in all areas including bitcoin will surely be paralyzed and the price of bitcoin is already on the verge of falling.
If world war 3 started then no one on this planet will survive so how bitcoin will exists? People will start to help each other to survive not to talk about bitcoin on that time I think humanity is important than anything. Not religions are more important than humanity because the first think is to help other not to treat it like an animal’s so my answer is no bitcoin will exists then.
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September 30, 2017, 08:19:20 PM
 #72

it seems usa vs north korea will happen. nokor just launched another icbm today.

do you think this will start the end of bitcoin?

I don't think so, Maybe if the war happened and they also attack the place of the database or server of the blockchain or bitcoin then it could be, possibly it could be, but as far as i know they know how to backup therefore the data is still there, anyway. Even if the price of bitcoin will surely fall down if this war will really happen, i'm hopeful that this will kick up again to have a high value. USA and NoKor have a *insert something here* President/Leaders but i don't think UN will just let this happen, diplomatic talks and humbleness will surely let the tension ease.
As we know billions of people die when the second world war 2 started and all people lose their hope to be survive after the end of this war and if now world war 3 started then no one will be survive that’s the import ant point here and people will die no one will left and no bitcoin will be there.

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September 30, 2017, 08:24:50 PM
 #73

it seems usa vs north korea will happen. nokor just launched another icbm today.

do you think this will start the end of bitcoin?


The war can happen and there will be a big effect in bitcoin but it will not stop bitcoin. Again I'm seeing these type of threads that are worried about this intense that's ongoing with USA and North Korea. Don't ever think that bitcoin can easily be stopped by the war that's going to happen. And instead there will be a big rise because it can bring fear to the investors and can pull back their investment to bitcoin but others will take the advantage of buying it.



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September 30, 2017, 11:55:08 PM
 #74

USA would destroy North Korea within minutes if they wanted to. Would do us all a favour anyway. If they want to threaten other countries and they get taken out they for what they ask for. Damn communists.

the internet will be paralyzed when the war is right, and at that time transactions in all areas including bitcoin will surely be paralyzed and the price of bitcoin is already on the verge of falling.
If world war 3 started then no one on this planet will survive so how bitcoin will exists? People will start to help each other to survive not to talk about bitcoin on that time I think humanity is important than anything. Not religions are more important than humanity because the first think is to help other not to treat it like an animal’s so my answer is no bitcoin will exists then.


Actually animals don't do anything to destroy the Earth that's humans and only humans. We a stupid species that just kill each other and our own planet.

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September 30, 2017, 11:58:49 PM
 #75

it seems usa vs north korea will happen. nokor just launched another icbm today.

do you think this will start the end of bitcoin?




very no effect for bitcoin, bitcoin users in north korea is not as big as in china. I think there is no effect to bitcoin, maybe on the dollar and north korean currency.

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October 01, 2017, 12:28:39 AM
 #76

it seems usa vs north korea will happen. nokor just launched another icbm today.

do you think this will start the end of bitcoin?

I think yes it is a big impact that the value of bitcoin will decrease if the china and amerika will fight because 100% sure that china will help northkorea to down the america. Do that is why many people will die .

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October 04, 2017, 04:13:54 PM
 #77

will definitely affect, a lot of bitcoins will be out of reach because its owner death with no heirs, there will be more and more transactions through online method as long as there’s no problem with internet connection and electricity, and people will be busy to sell their Bitcoins to cover his life needs.

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October 04, 2017, 08:34:58 PM
 #78

it seems usa vs north korea will happen. nokor just launched another icbm today.

do you think this will start the end of bitcoin?

I don't think so, Maybe if the war happened and they also attack the place of the database or server of the blockchain or bitcoin then it could be, possibly it could be, but as far as i know they know how to backup therefore the data is still there, anyway. Even if the price of bitcoin will surely fall down if this war will really happen, i'm hopeful that this will kick up again to have a high value. USA and NoKor have a *insert something here* President/Leaders but i don't think UN will just let this happen, diplomatic talks and humbleness will surely let the tension ease.
As we know billions of people die when the second world war 2 started and all people lose their hope to be survive after the end of this war and if now world war 3 started then no one will be survive that’s the import ant point here and people will die no one will left and no bitcoin will be there.

When the world war 3 happens, I do not think in that time we have time to think about money. Only our life is the most important. You can earn more money after the world war, but you can not re-life after you died Grin

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October 04, 2017, 08:40:24 PM
 #79

war is very dangerous for the economy of countries and off course the war affect the bitcoin rate graph because whenever there is a war then mostly trading are stop due to which the graph of bitcoin rate will decrease.
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October 04, 2017, 09:08:10 PM
 #80

A world war is about the only thing that concerns me regarding bitcoin, however if it does happen bitcoin wont matter anyway as many services we take for granted will be disrupted at best. Possibly a total breakdown of services ie internet, power etc...

However a war between the US (or the UN if it gets its shit together) and NKR there will only be a temporary affect on the BTC price whether it be up or down/cant be certain which way it will go/. If this war happens it is certain that Seoul will be hit very hard, the US will take some bit hits and North Korea will be destroyed very quickly........... and bitcoin will carry on.

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