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Author Topic: does wars will affect the cryptocurrency market?  (Read 1197 times)
bitcoindev2014
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September 23, 2017, 12:52:59 PM
 #21

war ?? i think only bad news or good news can effect the cryptocurrency market.

wildet60
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September 23, 2017, 12:55:20 PM
 #22

War can surely affect the crypto market. The country being invaded, they would try to save their liquid assets. Abd crypto currency is the best hiding place. Demand will hugely rise.

For any markets to grow people need a cash and wars will make investors nervous and everyone pulls out their money and keep liquid cash so all markets will be dragged down if any wars happen. It is not a good thing so shouldn't allow for any wars to happen. Thinking that if no issues then bitcoin prices may reach to 10K in next one to two-year time so don't want any wars.

I have different view than yours. The country gets invaded and soldiers steal civilian's property. But if their assets are turned in to crypto currency then will soilders be able to rob them except raping their women?

And I also do not want any war but neither you nor I rule any nation. So it is bound to happen so one country can benefit by robbing others.
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September 23, 2017, 12:55:49 PM
 #23

War is a state of instability, and it effects are numerous.
When ever there is war so many investment will suffer from the impacts of the war, and that lead to down fall of crytocurrency cause they will be no one to trade with cause of the instability. But as far as there is internet you can trade online and make your profit.
Koadharber
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September 23, 2017, 12:56:40 PM
 #24

can you if wars will affect the cryptocurrency market?
Depending on a certain country if it does involved on cryptos knowing that wars are costly which if they would decide to pull out those funds on crytpo that they did invest then it would surely affect the price but i would still able to say that it wont really affect too much on where comes to a point it would dip.Maybe on a little percentage but still it can manage to recover again.

kuyaJ
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September 23, 2017, 01:37:11 PM
 #25

can you if wars will affect the cryptocurrency market?

What kind of war did you want to express?

My thoughts is bitcoin can be use by some gun user as a money for easy transaction for some firearms.  I think that it will affect bitcoin or other cryptocurrency but it can be heal again.
Ucy
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September 23, 2017, 02:36:50 PM
 #26

I don't think so unless big countries are part of such war. Of course it is possible crypto will be badly affected by failing economy of such countries in times of  War.
However rumors of war could drive crypto price up. A full blown war would further drive the price up and prolong war will eventually result in serious price depreciation. These are just mere theory.

The most important thing is that we are able to transact biz anywhere we are in times of such War.

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Dobmader
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September 27, 2017, 11:05:24 PM
 #27

Every war impacts currencies, especially the local currency of the warring factions and the USD. War at times can kick start a fledgling economy, especially its manufacturing base, when forced to concentrate its efforts on war time production. It will impact crypto currencies, not sure how though.
Well it is true and as you said it will be very critical condition and at that time the bitcoin currency will be the best option for us to make more bitcoin because we will need bitcoin to buy the food to get the shelter and to feel secure, if we will save much for it than no worries and according to me bitcoin is not going to be affected by the wars the price will rise again after it will be peace.
marcbitcoins
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September 27, 2017, 11:17:58 PM
 #28

can you if wars will affect the cryptocurrency market?

If you mean world wars of course not only will affect it but it will totally destroy the crypto currencies because all communication system, internet connection and sites, and infrastructures will be shutdown or destroyed. If this happen we will could no longer transact our wallets anymore or could be the worst our digital account will be gone.
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September 27, 2017, 11:22:12 PM
 #29

war ?? i think only bad news or good news can effect the cryptocurrency market.

This is not the way how cryptocurrency markets work.Both war and ant big threat against world have a power to affect markets.From my trading experience if there is a war possibilty between two country this news will spread during a few hours.It will affect to gold and oil prices first.

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khaled0111
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October 22, 2017, 08:07:00 PM
 #30

Let's first hope there will be no more wars and the world become a safer place.
As we all know, war results in the collapse of economy.
When a war starts, all wealthy people will only think about how to keep their money safe from economy crisis or even invaders confiscation.
In such case, it will not be hard to figure out that investing their money in Bitcoin will be the wisest act. And with more people welling to buy BTC the price will rise wich will be a good thing for holders and those who already started using Bitcoin.

BitcoinBallerina
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October 22, 2017, 10:50:57 PM
 #31

Wars will not affect the cryptocurrency market unless the parties involved are using cryptos to somehow fund the war, or steal some from the other side. It would only be good for BTC though as traditionally fiat was used.

Gameroid
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October 23, 2017, 06:10:41 AM
 #32

Wars will not affect the cryptocurrency market unless the parties involved are using cryptos to somehow fund the war, or steal some from the other side. It would only be good for BTC though as traditionally fiat was used.
If the op is talking about World War then there is no doubt that it will effect the crypto currencies market. In fact war can effect all the aspects of our life. I do not think that a limited war will have any effect on bitcoin, because bitcoin is a decentralize and universal currency and therefore i do not think that a limited way will have great impact on crypto currencies.
mondobitcoin
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October 23, 2017, 06:16:30 AM
 #33

I dont think... bitcoin and cryptocurrencies have their "world" , a war can destroy a bank office, but not your bitcoin wallet Smiley
But if is it a universal war, then is another thing
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October 23, 2017, 06:49:15 AM
 #34

The war can also affect, in the crypto market. Because many people will need money. Until the war is over, they will be able to build a house again. There are also many destructive establishments so surely the money is needed after the war.
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October 23, 2017, 07:05:34 AM
 #35

That's for sure. War will bring unrest and unrest. The market is the same, it will be a very regrettable thing. But 99% of the people in this era didn't want war
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October 23, 2017, 05:25:58 PM
 #36

In a situation if a real war starts in a country, if someone is really lucky (and have a decent amount of bitcoin) and have time to buy an airplane ticket to a country which is not affected by the war, bitcoin could be really helpful. If people are aware of this, they will generate huge demand for bitcoin, that could affect the bitcoin price. This is only valid if the people have internet access to buy bitcoins. Or, if there's a possibility of war, people can start to accumulate some bitcoins, just for the case of urgent departure. Also, they need to have some fiat currencies too (EUR, USD, etc..) But I hope we will never experience the real effect of the war.
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October 23, 2017, 06:02:32 PM
 #37

I think yes because there will be a big influence with the global currency if there is a war with each other with the crypto market there will even be a very big decline with bitcoin value but there will be stages with bitcoin value down from war and if war is Not too long likely bitcoin will stabilize again in the long run so the market will stabilize again if the war is over

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October 23, 2017, 07:24:05 PM
 #38

some say it will not affect it since people will be concerned about other stuff during a war.
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October 23, 2017, 08:33:42 PM
 #39

I honestly do not think war has a direct bearing on bitcoin or any other cryptocurrency because it's built on a decentralized network with no physical access to be affected by war...but it might also depend on what has caused the war and which countries are involved

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October 23, 2017, 08:40:38 PM
 #40

Every war impacts currencies, especially the local currency of the warring factions and the USD. War at times can kick start a fledgling economy, especially its manufacturing base, when forced to concentrate its efforts on war time production. It will impact crypto currencies, not sure how though.
of course, the effects of war will spread to any part including the economy,
and if the economy alone could be affected let alone Bitcoin,
hopefully the war will not happen ..

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