does wars will affect the cryptocurrency market?

[Hydrogen]

In some cases: yes. Wars and terrorist attacks can have an impact on markets and investments. Here's a massive Dow Jones dip after the september 11th 2001 bombing of the WTC towers.



As time has passed, people have become increasingly apathetic towards war and terrorist bombings. To a point where it probably wouldn't have much of an impact unless something very severe happened.

Looking at bitcoin's price chart, major terrorist attacks over the last few years appear to have zero effect on price.

There was a major mass shooting on october 1st 2017 in Las Vegas USA. Doesn't appear to have much of an effect.

[thet]

can you if wars will affect the cryptocurrency market?

I guess, it will affect  the cryptocurrency market. War can destroy one countries successful economy. Someone cannot even access their BTC without logging in the internet. If the war may result for some destruction it will have a great impact to all bitcoin users.

[AMHURSICKUS]

I think it will affect it, it is because wars can affect our economy and can bring economic crisis. And can also result in internet shutdown, all infrastructure will be destroyed. Without internet crypto currency is useless. So in that case you can see that wars has a big affect for the crytocurrency world.

[eddyhalim]

When war happens, it will destroy our infrastructure and bring the economy down, moreover, people  will have to evacuate from their home and work, no one will be able to use internet because they will be shut down or be cut, cryptocurrency will drop and die.

[Kotone]

can you if wars will affect the cryptocurrency market?

Of course it does. WArs affect the economy of a country involved and also the economy of the countries surrounding it as there resources mght be crippled or might be hold as long as the war is ongoing. It also affects cryptocurrencies as this are somethings thataffect the stock as well

[mysacrifice]

for sure, war would effect all the markets including crypto markets. depends on which countries involved would be also important to analyze the effect.

[helars2008]

I believe so.
War will always have a negative effect on everything.
Even if you are the victor of it you will still suffer losses. Economies will be affected,  and cryptocurrency will also not be able to escape its effect. And there are too many ways how war can affect the market of bitcoin and one of the very possible one is the death of a bitcoin user and the damage to the existing hardware of miners.

[bubblebit]

can you if wars will affect the cryptocurrency market?

Cryptocurrency is an investment that what matters most is about the investors state of mind against any circumstances. In short, like war does anyone with the right mind think about investing they’re money than looking for a safe place to hide. Or is he emotionally capable to be not stressed in doing so.

Let’s not ask regarding this matter again, it’s illogical as if we wanted something like this to happened for our own gain and profits. Same as the one who make thread about “North Korea” war against US of A, it is good or bad for bitcoin?? Is that a question to begin with. It’s like “We do care for more on bitcoin/money other than the life of those person in a warzone if it happened. That insane.

[Sskapollo7]

I don't think so

[Kakmakr]

Yes, War will have an affect on Bitcoin and Crypto currencies in general. These are some of the things that might happen :

Negative impact :

~ The internet network in these countries will be disrupted or destroyed.
~ No internet access will decrease the total amount of nodes that are running to support decentralization of the network.
~ People will use their money to buy survival gear and supplies and less money will be used to buy bitcoins.
~ People will die. < Developers / people running nodes / Bitcoin traders > 

Positive impact :

~ In war, people look for ways to protect their wealth. They might start to buy more bitcoins to hide their wealth.
~ People want a easy way to flee with their wealth from a war torn area to a country where they are safe. Bitcoin is borderless.
~ Many bitcoins might be destroyed forever. Paper wallets destroyed in fires. Less bitcoins in circulation = higher price.

These are just some of the things I can think of now. ^hmmmmm^

[Mainman08]

I think so, because how can people concentrate on doing a job in cryptocurrency market if there is chaos everywhere.

[salihno71]

Wars could influence the value since they can be used to pay for the various things in this case which might bring to the increased demand and affect the value.

[btc-facebook]

It's different thing as it not affect directly on it because bitcoin purely based on supply and demand , no government able to control bitcoin except the user who hold private key.
But war will affect if only they destroy internet for example but I think it will not happen at the moment

[karmamiu]

Yes, War will have an affect on Bitcoin and Crypto currencies in general. These are some of the things that might happen :

Negative impact :

~ The internet network in these countries will be disrupted or destroyed.
~ No internet access will decrease the total amount of nodes that are running to support decentralization of the network.
~ People will use their money to buy survival gear and supplies and less money will be used to buy bitcoins.
~ People will die. < Developers / people running nodes / Bitcoin traders > 

Positive impact :

~ In war, people look for ways to protect their wealth. They might start to buy more bitcoins to hide their wealth.
~ People want a easy way to flee with their wealth from a war torn area to a country where they are safe. Bitcoin is borderless.
~ Many bitcoins might be destroyed forever. Paper wallets destroyed in fires. Less bitcoins in circulation = higher price.

These are just some of the things I can think of now. ^hmmmmm^

                  Woooah. Either of those stated above is scary but i guess those positive outlines might be good but not in a bad way that i literally liked a war will happen, hopefully not, but considering low supply of bitcoin can also trigger its price to be doubled by its final predicted price,.

[Daimon88]

can you if wars will affect the cryptocurrency market?

I guess, it will affect  the cryptocurrency market. War can destroy one countries successful economy. Someone cannot even access their BTC without logging in the internet. If the war may result for some destruction it will have a great impact to all bitcoin users.

Yes of course war will must affect the market of crypto currencies as war vanish the lives of human beings ,their properties  abolishes in war, war destroys their social and financial status  so definitely it will affect all trades like the crypto currencies market.

[kissme09]

I think the impact is great because the war has always brought about economic and social cruelty. I did not notice if you were looking like me when North Korea threatened to shoot the guam of the US immediately. The bitcoin had risen by more than $ 500 when the war was over, the rich would always find their way. Going abroad and bicoin is a good option to transfer money abroad without being detected or taxed for any

[ModGirl]

I think the impact is great because the war has always brought about economic and social cruelty. I did not notice if you were looking like me when North Korea threatened to shoot the guam of the US immediately. The bitcoin had risen by more than $ 500 when the war was over, the rich would always find their way. Going abroad and bicoin is a good option to transfer money abroad without being detected or taxed for any

Yes definitely when blood sheds everything is ruined. then there is no concept of raising currency. The currency suffers badly and when it comes to crypto currency there is no access to internet so no bitcoin, but when the breeze of peace blow then it raise rapidly because the country seeks easy ways to stabilize their economy and crypto currency provides fast and easy ways of trade and commerce.

[KingOfWinterfell01]

can you if wars will affect the cryptocurrency market?

I think wars have a huge factor in the price of bitcoins specially if major cities or the different silicon valleys of other countries are  under seige. Since many of the supply of bitcoins circulate at tech-centeres countries, if there were a theoretical war there, then bitcoins from that country will be held and will not circulate around the world reducing global supply therefore affecting the price of bitcoins.

[Sengoko]

can you if wars will affect the cryptocurrency market?

I think wars have a huge factor in the price of bitcoins specially if major cities or the different silicon valleys of other countries are  under seige. Since many of the supply of bitcoins circulate at tech-centeres countries, if there were a theoretical war there, then bitcoins from that country will be held and will not circulate around the world reducing global supply therefore affecting the price of bitcoins.

Wars affect everything in the world. Not only currency but the humans, their heritages, their lives, their societies, their businesses and everything. I think that if there is another war like world war 1 or 2 then it will destroy everything and not only digital currencies.

Everything will be finished and I afraid that after another world war the remaining people will not be able to build everything back like the previous.

[cold cool]

During the war, on the contrary, I would think that the value of cryptocurrencies will be higher, and people are looking for avenues for capital aversion.