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Author Topic: Trade wars to bring Bitcoin to 100k  (Read 181 times)
BillyBobZorton
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March 24, 2018, 04:19:44 PM
 #1

Trade wars have an impact on the global economy. It doesn't matter where you live, when the heavyweights of finance (US, Europe and Asia) are involved, you will see an impact on your local economy as well since everything is interconnected nowadays.

Bitcoin is no different, the Bitcoin price is subjected to what happens at the geopolitical table, and since it's a neutral global asset, it should go up. So while we have Trump screwing around with his trade wars, we can benefit by holding Bitcoin and watching the fireworks on the sidelines as countries print more money. We should be going to 100k in the following years as a result. Forget about coffee with Bitcoin, this is where Bitcoin will shine.
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March 24, 2018, 04:40:25 PM
 #2

Trade wars have an impact on the global economy. It doesn't matter where you live, when the heavyweights of finance (US, Europe and Asia) are involved, you will see an impact on your local economy as well since everything is interconnected nowadays.

Bitcoin is no different, the Bitcoin price is subjected to what happens at the geopolitical table, and since it's a neutral global asset, it should go up. So while we have Trump screwing around with his trade wars, we can benefit by holding Bitcoin and watching the fireworks on the sidelines as countries print more money. We should be going to 100k in the following years as a result. Forget about coffee with Bitcoin, this is where Bitcoin will shine.

Trade wars or not bitcoin will still gonna make it in the $100,000 USD mark in a couple of year so until the price is  still cheap buy and hodl more coin because we can definitely see this value, in the following future, Trust in your instinct and don't get left behind if there are FUD surfacing the internet about the negativity of bitcoin don't believe it and stick to your main goal.














 

 

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cellard
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March 24, 2018, 05:17:07 PM
 #3

I agree. Wages are stuck, life expectancy keeps going up, bond market is completely fucked and will collapse. People will need a neutral asset, and Bitcoin not being part of any country will always be a very attractive investment.

We haven't seen anything yet. China is just warming up, big tariffs will be at play soon, over $3billions of imports worth of the US which will be felt on many sectors. Knowing Trump's big ego, he will retaliate with something else... I hope this "Trade wars" isn't a pretext for an up and coming real war. We want to get rich from Bitcoin, but what would be the point if a war between the 2 giants destroys everything.

Hopefully it stays at the economical level and we can benefit from their incompetence by holding the global asset, if it gets worse I may start getting scared.

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March 24, 2018, 05:37:24 PM
 #4

Trade wars have an impact on the global economy. It doesn't matter where you live, when the heavyweights of finance (US, Europe and Asia) are involved, you will see an impact on your local economy as well since everything is interconnected nowadays.

Bitcoin is no different, the Bitcoin price is subjected to what happens at the geopolitical table, and since it's a neutral global asset, it should go up. So while we have Trump screwing around with his trade wars, we can benefit by holding Bitcoin and watching the fireworks on the sidelines as countries print more money. We should be going to 100k in the following years as a result. Forget about coffee with Bitcoin, this is where Bitcoin will shine.
That has been my thoughts since this trade war began and many countries is going to affected especially the third world countries. The most beneficiary in this war should be bitcoin and cryptocurrencies generally. If all things be equal we should start to expect the impact of this trades war any moment from next month and that means funds are going to flow into cryptocurrencies market and we are going to greatly benefits from this if we hold what we have now.

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March 24, 2018, 05:40:23 PM
 #5

For what reason, you could argue the opposite, the trade wars reduce overall profitability and productivity and that then leads to people having less disposable income to spend on things such as bitcoin.

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March 24, 2018, 05:56:14 PM
 #6

. Forget about coffee with Bitcoin, this is where Bitcoin will shine.

Totally agree, but I should say "forget about covfefe and bitcoin, for it will rise anyway"  Wink

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March 24, 2018, 07:56:37 PM
 #7

I believe what you say that bitcoin will reach $ 100K altitude in the future so until now I keep holding it. Actually, a trade war not just happening to the real world in the world of crypto is also the same. The proof, dozens of new coins and dozens of ICO projects keep popping up everywhere as if they're going to compete and fighting to be the best and hoping to come out as winners.

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March 24, 2018, 08:13:20 PM
 #8

I won't be surprised. Right now, it even seems the stock market is gradually diverging with a huge bearish momentum due to present unfavorable fundamentals, which includes the fear of trade wars, bonds pressure, interest rate inflation... name them!
 
We actually can start seeing diversion of profit into cryptocurrency with bitcoin being on the spot light. Likelihood of huge green days ahead and nothing would make me happier anyway! Bitcoin - 100k here we come!!
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March 24, 2018, 09:41:38 PM
 #9

Even without the trading wars, bitcoin will reach that price. And I am not believing because some cryptocurrency predictor, whale investor or popular Twitter crypto investor said it will. I am investing and believing because I have faith in it. Bitcoin is the future and it is here to stay.
And I agree with you, 'forget about coffee with bitcoin', this coin worth more than using it to purchase things. There might even be a time when most people will  perfer to keep their coins instead of using it purchase things.

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March 24, 2018, 10:26:15 PM
 #10

100k is not far in no matter what scenario. With the whole market above few trillions, we could see that price.
Serious money is not yet invested here, so hold on.
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March 24, 2018, 11:18:37 PM
 #11

Trade wars have an impact on the global economy. It doesn't matter where you live, when the heavyweights of finance (US, Europe and Asia) are involved, you will see an impact on your local economy as well since everything is interconnected nowadays.

Bitcoin is no different, the Bitcoin price is subjected to what happens at the geopolitical table, and since it's a neutral global asset, it should go up. So while we have Trump screwing around with his trade wars, we can benefit by holding Bitcoin and watching the fireworks on the sidelines as countries print more money. We should be going to 100k in the following years as a result. Forget about coffee with Bitcoin, this is where Bitcoin will shine.

It's not just that. While in order to get Bitcoin to 100.000 USD, it should increase 11-12x in value, the same rally would drive some altcoins by 20-50x, and I am talking only about the leading ones, if we would have a lucky shot with some of those that are currently out of top 25...... vow!

(I am not mentioning "top 10" but rather "top 25" at the moment as all of those are really solid and the situation in the market is quite different than it was just a few months ago.)

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March 25, 2018, 05:33:10 AM
 #12

OP, can you be specific in what you call "trade wars"? Please cite which economic policies made by the Trump administration will affect Bitcoin and then we can connect the dots and start a proper discussion.



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March 25, 2018, 06:53:59 AM
 #13

I believe what you say that bitcoin will reach $ 100K altitude in the future so until now I keep holding it. Actually, a trade war not just happening to the real world in the world of crypto is also the same. The proof, dozens of new coins and dozens of ICO projects keep popping up everywhere as if they're going to compete and fighting to be the best and hoping to come out as winners.
It is gambling all the same you know, it is actually helping bitcoin to become more popular. So for as long as it promotes cryptocurrency i have nothing up against what they do. Well, they got to do what they do and i have to do mine😊 Right now im really planning to make my investments in cryptocurrency bigger because i know it is going to getting huge and brighter.
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March 25, 2018, 06:58:31 AM
 #14

Forget about coffee with Bitcoin, this is where Bitcoin will shine.

Haha. Catchy line. But forget about coffee with Bitcoin? I for one, would still think it be best if bitcoin was used for everything, trading, shopping, dining, real-estate, government, etc. My dream for bitcoin is for it to become the GLOBAL currency. Same what the european union did when they invented the euro. Instead of it being just europe this time, it will be the whole world. Why not?

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March 25, 2018, 07:35:02 AM
 #15

Trade wars have an impact on the global economy. It doesn't matter where you live, when the heavyweights of finance (US, Europe and Asia) are involved, you will see an impact on your local economy as well since everything is interconnected nowadays.

Bitcoin is no different, the Bitcoin price is subjected to what happens at the geopolitical table, and since it's a neutral global asset, it should go up. So while we have Trump screwing around with his trade wars, we can benefit by holding Bitcoin and watching the fireworks on the sidelines as countries print more money. We should be going to 100k in the following years as a result. Forget about coffee with Bitcoin, this is where Bitcoin will shine.

It doesn't even need to be that complicated.

Just consider this, bitcoin demand is probably going to continue growing for a few decades, while the supply of bitcoin is governed strictly by code which cannot be changed, and inflation rates are going to stay extremely low to the point where it's pretty much 0% inflation.

People around the world will start using BTC as a hedge against the fiat economy and currency as a result of this decentralisation of power. And again, this boosts demand in the coming decades in my opinion.

$100k could definitely be possible given a decade or two, it's not as absurd as some people think just because we're stuck in a bear cycle at the moment.

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March 25, 2018, 07:50:24 AM
 #16

OP, can you be specific in what you call "trade wars"? Please cite which economic policies made by the Trump administration will affect Bitcoin and then we can connect the dots and start a proper discussion.

He's talking about Trump's new tariffs on steel and aluminum. In fact, Trump himself said "Trade wars are good, and easy to win" when he announced them.

For now it's just posturing, but China's response sparked fears of an incoming trade war:
Quote
Beijing signalled its readiness to go toe-to-toe with US President Donald Trump's campaign of tariffs against China on Friday, proposing new levies on 128 American imports that heightened market fears of a looming trade war between the world's largest economies.

Gold has already been hammering resistance in the $1,300s for some time, coiling for a move upwards. This might be a good catalyst:



I'm skeptical that Bitcoin will see the same sort of demand since it's not an established hedge. But I won't complain if the OP is right.

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March 25, 2018, 12:54:51 PM
 #17

Trade wars have an impact on the global economy. It doesn't matter where you live, when the heavyweights of finance (US, Europe and Asia) are involved, you will see an impact on your local economy as well since everything is interconnected nowadays.
Economic wars are an attempt to achieve greater gains without paying anything but it's temporary wars that end when the parties begin to feel losses.
Now Trump is making a number of exemptions for many European countries.


Bitcoin is no different, the Bitcoin price is subjected to what happens at the geopolitical table, and since it's a neutral global asset, it should go up. So while we have Trump screwing around with his trade wars, we can benefit by holding Bitcoin and watching the fireworks on the sidelines as countries print more money. We should be going to 100k in the following years as a result. Forget about coffee with Bitcoin, this is where Bitcoin will shine.
Personally keeping/holding bitcoins because its price will rise to 100,000$ is just a failed plan, It is also not considered a safe haven when the price falls, but gold and yen.
I think the price of gold will rise to record levels soon

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March 25, 2018, 03:54:26 PM
 #18

Trade wars have an impact on the global economy. It doesn't matter where you live, when the heavyweights of finance (US, Europe and Asia) are involved, you will see an impact on your local economy as well since everything is interconnected nowadays.
Economic wars are an attempt to achieve greater gains without paying anything but it's temporary wars that end when the parties begin to feel losses.
Now Trump is making a number of exemptions for many European countries.


Bitcoin is no different, the Bitcoin price is subjected to what happens at the geopolitical table, and since it's a neutral global asset, it should go up. So while we have Trump screwing around with his trade wars, we can benefit by holding Bitcoin and watching the fireworks on the sidelines as countries print more money. We should be going to 100k in the following years as a result. Forget about coffee with Bitcoin, this is where Bitcoin will shine.
Personally keeping/holding bitcoins because its price will rise to 100,000$ is just a failed plan, It is also not considered a safe haven when the price falls, but gold and yen.
I think the price of gold will rise to record levels soon

Gold is insanely manipulated, the futures market is how they control gold, as well as frauds on the reports of the supply. Im sure that there's a lot of unreported miners that TPTB knows. They can't do this with bitcoin.

Also, there's nothing safe about a haven that can be confiscated from you the moment you attempt to cross a border. Bitcoin is superior and it will shine once people realize these facts. Just let Bitcoin reach the marketcap of gold and it will naturally be less volatile.
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March 25, 2018, 08:20:03 PM
 #19

This is one very possible scenario if we see a total trade war US - China. I holding tight my coins.

We've already saw it in smaller scale in Venezuela, India and Africa in 2017.


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Baoo
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I am the one who knocks


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March 25, 2018, 10:52:09 PM
 #20

Actually, I agree with what you wrote, and I think what happens in this period is a drama of bitcoin through the capitalists, I am pretty sure that the trade wars will improve Bitcoin on many things, especially in the value of price, but we have to wait a while for that to happen and it is certain the we will see many good surprises in the future.

In addition to that, I think Bitcoin will rise to 100k and maybe more than that  after 4 or 5 years because it is sure that in that period the majority of countries ( governments) will recognize bitcoin as a legal and single curreny , and maybe the FIAT will disappear after few years especially if bitcoin ( cryptocurrencies in general) will strong continue and success over time.
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