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Author Topic: What do you think will happen to Bitcoin and others crypto during war  (Read 210 times)
Magister Magus
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January 06, 2018, 11:40:41 PM
 #21

Probably, in case of war bitcoin will be most precious than gold, as fiat currencies will lose their value.
Of course, if there will be a global nuclear war, so no more internet, no more electricity... well, bitcoin won't be your priority... :-)

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patrickj
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January 06, 2018, 11:49:11 PM
 #22

I read about how gold and other precious metal was a safe haven for investors during precious war. And now the uncertainty of war between USA or North korea. I pray we dont experince another war. But if there is, what do you think will happen to bitcoin and others.
Crypto's and bitcoin will stay still because we cannot control it. The only way to do is make our altcoins in a safe place before it will happen if it is. And we should consider this a wise idea to protect our assets in the future.
Tactical Genius
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January 06, 2018, 11:52:46 PM
 #23

The value of bitcoin will just shoot very high if there is a war,the reason being that,more people will give off fiat currencies for virtual currencies,which will increase demand but ironically,after the war,value may fall because economies may suffer and so there will be little money(fiat) in circulation and that will force holders of cryptocurrencies to sell low in order to get the little fiat available. that is what i make of such a situation.

Flor1982
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January 06, 2018, 11:53:37 PM
 #24

I read about how gold and other precious metal was a safe haven for investors during precious war. And now the uncertainty of war between USA or North korea. I pray we dont experince another war. But if there is, what do you think will happen to bitcoin and others.
War will trigger another recession that means the bankers and rich people will find a safe haven to store their money,which is crypto the BTC price might reach $50k-100k if a war will happen.

You're speculation is 100% wrong because Bitcoin and other digital currencies will be no more value during the war. The next coming war will be brutal lets say world war 3 because it will be a nuclear war in which capable of destroying everything including species  therefore you should sell all coins for fiat and use it for survival. During the war all internet, electricity and communication will lost including buildings will be destroyed in which you never know if you are alive after the war.
Anco_Marzio
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January 09, 2018, 06:38:16 PM
 #25

During a normal war, bitcoin will be very safe, much more than fiat money.
Of course, in a global war, with a distruction of the infrastructure... well, better to have gold.

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January 09, 2018, 06:55:30 PM
 #26

The value of bitcoin will just shoot very high if there is a war,the reason being that,more people will give off fiat currencies for virtual currencies,which will increase demand but ironically,after the war,value may fall because economies may suffer and so there will be little money(fiat) in circulation and that will force holders of cryptocurrencies to sell low in order to get the little fiat available. that is what i make of such a situation.
actually I think that this is a very important and complex issue, because today the modern war is aimed at the fact that, under certain actions, the opponents will primarily destroy the infrastructure. And this means that they will disable everything connected with electricity and communication. Thus, during the war, the use of crypto currency will be impossible.
Oumal
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January 09, 2018, 07:02:10 PM
 #27

Watching what kind of war it will be, if the war is nuclear, and everyone will fight with everyone, then I'm afraid that bitcoins will no longer be needed, and gold will not be needed either. Food will be assessed and no more.
If of course we will be alive
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January 10, 2018, 11:46:28 AM
 #28

It depends: bitcoin and cryptocurrencies depend from a working network; if the blockchain will work, probably bitocoin will be very safe, more that fiat currency.

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Riddikulo
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January 15, 2018, 08:56:05 AM
 #29

I read about how gold and other precious metal was a safe haven for investors during precious war. And now the uncertainty of war between USA or North korea. I pray we dont experince another war. But if there is, what do you think will happen to bitcoin and others.

If in the modern world a war breaks out, the Internet and electricity will be damaged, which will destroy all digital currencies. But I think that the government will not allow such a turn of events.
gracer88
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January 15, 2018, 10:53:45 AM
 #30

I think that the cryptocurrency will become such a refuge in the event of war. Or the war will  slow the spread of the crypto currency in the world. In any case, this all will negatively affect the lives of many people. As a pity. For the sake of the interest of some personalities, ordinary people must suffer ...

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January 15, 2018, 11:13:44 AM
 #31

It is not a healthy way to keep your belongings with you while you have to run away from the war. I mean, if you have to move another country because of the hard circumstances arising from the war, crypto currencies would be much favorable since they are safe somewhere on the internet.
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January 15, 2018, 11:37:12 AM
 #32

I read about how gold and other precious metal was a safe haven for investors during precious war. And now the uncertainty of war between USA or North korea. I pray we dont experince another war. But if there is, what do you think will happen to bitcoin and others.


War is already written in the bible, but the dispute between the 2 country which is america and North Korea are really scary, because it  is really deference the war for the past 78 years ago versus the war now using digital system its so really scary, we hope that they would reconcile and be friends  for the sake of the people especially to all children. About Bitcoin even if there is a war it is not affected unless the International Space Station will destroy that the time bitcoin will absolutely collapse and all digital transaction.      
grimoire5
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January 15, 2018, 11:52:02 AM
 #33

wow i never tough about it before...

That depends on the war.

If the war threatens the integrity of the Internet then the value of cryptocurrencies will plummet. Think of North Korea threatening the US with an EMP device or the Russians cutting the undersea cables - they have been snooping around them with their submarines. In that case you'd be way better off with gold.

If the war just gets expensive and threatens the financial system then the value of cryptocurrencies should rise. You'd be ok with gold then too.
i tough before cryptocurrency is good investment during war
but now after i read your coments now i know i'm wrong
bitcoin and other crypto during war is not a safe heaven but maybe it price will collapse, especially if the war happen on the country that use crypto such as japan or south korea or USA
i'll think about diversification now
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January 16, 2018, 02:25:44 PM
 #34

I read about how gold and other precious metal was a safe haven for investors during precious war. And now the uncertainty of war between USA or North korea. I pray we dont experince another war. But if there is, what do you think will happen to bitcoin and others.
Here a big thing that I seen that everyone is expecting that war will be surely in future but in actual they are not seeing in the past where many countries made a descion and promise with himself that we will not use nuclear weapons and also we will not go for third world war to continue any war .
So here probability of war is not going more to happen ( in my opinion ) .
And also if it will happen then I am sure that people will move towards the online assets and in that case may be Bitcoin's price will get jump up .
But probably there may be chances that people will sell Thier bitcoin like assets and use them for the need that are necessary during those opposite circumstances in wars , so that can be results into dump of bitcoin .
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