Does war affect the price of bitcoin?

[zhanghoqi5]

Mr Trump has announced a precise crackdown on Syria, a war that would destabilise the world and would buy other assets for safety. Is bitcoin the best option? I find that bitcoin has indeed started to grow.

You are welcome to express your views and opinions.

[Zeddyn]

Yes exactly with your opinion, I also think that bitcoin is very appropriate to invest to save our assets, because with bitcoin we can bring our investment wherever as long as there is still internet network.

[CrystalPham]

Any political instability of nations can influence the BTC rates. Because, BTC has a wide range of uses, dealing globally, not just in the home country. Because BTC is an electronic currency that is shared in the world, if a country is unstable, war, coup ... have a huge impact on the price of BTC at that time. predictable.

[First77]

USA and allies have declared war on Syria by firing 100 missiles into Syria.

If Russia and China joins forces and enter the WAR, that will be a major WAR.

It is advisable to sell Bitcoins and buy gold and silver because gold and silver protects people's wealth during wars and inflation.

[botany]

Mr Trump has announced a precise crackdown on Syria, a war that would destabilise the world and would buy other assets for safety. Is bitcoin the best option? I find that bitcoin has indeed started to grow.

You are welcome to express your views and opinions.

A large scale war is something that nobody should wish for. People when faced with an uncertain situation, tend to go in for something which looks like a safe haven asset. But the question is whether Bitcoin is perceived as a safe haven asset or a risky bet. My view is that Bitcoin is not yet there in terms of being looked at as a safe haven asset. So it will go down, rather than up.

[Sudarmoon]

I also feel that bitcoin is the best asset to invest or to keep our prices in a state of war, because we will not be able to carry our immovable assets in the war and that can be very inconvenient, and bitcoin is the best way.

[BillCoin]

Yes, wars affect the financial systems of all the countries that participate in the wars, which leads to global affect.

The countries who take a part in the war uses tons of money on the army, and it will lead their debt to increase and may increase the inflation rate. Also during wars the customers usage rate goes down which directly affect companies.
Stock exchange goes down, and people may convert their local currencies to gold/silver/cryptocurrencies in order to keep value, I think that war my only do good to the cryptocurrency market.

[ajeef]

This is really interesting question. I think but I think it shouldn't affect the price of bitcoin very much. X has money and was investing before in bitcoin but now he has to sell bitcoins to invest in weapons, food, clothes... and pays Y for this suppllies and now Y has money and now he invest on bitcoi, anyway I think that it won't affect the price.od.bitcoin very much.

[First77]

If you want to save the money in any safest asset. It's better to inverse in bitcoin. Bitcoin had survive from the long period. I think bitcoin is best option to hold your saving money.As compared to gold and silver, Bitcoin is the best asset.Because the profit in bitcoin is always greater than gold and silver .

Bitcoin has never seen war. Bitcoin was launched in 2009. The real test begins now.....

[ambisyon]

In my own personal views, if war is inevitable that will happen in Syria, that could be a problem in the  crypto world where this will result to FUD and negative impact on the growth of bitcoin. Just hoping that our world leaders should have a concensus where they should have a diplomatic talks rather than engaging into war. Honestly, I am not in favor of war since that will only be a catastrophe and people affected will suffer more including the children in that country.

[voron84-05]

USA and allies have declared war on Syria by firing 100 missiles into Syria.

If Russia and China joins forces and enter the WAR, that will be a major WAR.

It is advisable to sell Bitcoins and buy gold and silver because gold and silver protects people's wealth during wars and inflation.

   If there is a full-scale war, then you will not need neither gold nor silver, valuable will be: weapons, ammunition, food and clothing. But I'm sure that this is just a fantastic scenario that will not happen. If you try to link the price of BTC with the beginning of the military operation, this is due to the fact that people are afraid of falling national currency and therefore invest in BTC.

[hotcoin1234]

Mr Trump has announced a precise crackdown on Syria, a war that would destabilise the world and would buy other assets for safety. Is bitcoin the best option? I find that bitcoin has indeed started to grow.

You are welcome to express your views and opinions.

War definitely affect the price of bitcoin. More resources will be used on war preparations and the focus on bitcoin also will be divert to the war outcome.

[roadsirm]

Bitcoin is certainly the best solution at the moment, if there is going to be a war of things that is unlikely we will bring money in the war happens the best way is to invest our money in bitcoin so that we will not be troublesome if there will be war.
 

[demsybtc]

Yes, wars affect the financial systems of all the countries that participate in the wars, which leads to global affect.

The countries who take a part in the war uses tons of money on the army, and it will lead their debt to increase and may increase the inflation rate. Also during wars the customers usage rate goes down which directly affect companies.
Stock exchange goes down, and people may convert their local currencies to gold/silver/cryptocurrencies in order to keep value, I think that war my only do good to the cryptocurrency market.

Fully agreed with you.
Well said.

However, I hope war wont happen as it brings a lot of damage and hurts.

[aileen393332xe5157]

Bitcoin was born, developed by blockchain technology and can only be operated thanks to the Internet. When war breaks out, network security will be threatened. ..Bitcoin will be affected by the negative trend. At that time its price will decrease and it is not the best option for the property.

[VeeraS]

I'm not sure what you say. maybe it could be a good option option for the middle east. but it is difficult to do. some things become the cause factor. poor knowledge and education about virtual currency is the main thing. in a war usually the Internet network will die because of war-ravaged consequences. and essentially everyone in this world does not want the war to happen.

[crazymelons12]

Yes certainly a war can create economic problems or changes though an area or region may not directly be involved. Remember that every economy is interconnected and any little change in trading affects the whole.

[gantez]

War will affect every economic activity and bitcoin won't be excluded. To this, it is not like it will affect the maximum supply or circulating supply because all that will still remain but obviously, amenities like internet access will be affected. The inability to get an access to the network will affect transactions.

[onnz423]

I don't think wars on big countries against small ones will have much of an effect on bitcoin price, though I do imagine that if the US and Russia goes to all out war, then both the Russian Ruble and US Dollar will fluctuate in price, depending on who seems likely to win the war, particularly if this war results in conquest of the others territory.

[Arlibtchunt2018]

Mr Trump has announced a precise crackdown on Syria, a war that would destabilise the world and would buy other assets for safety. Is bitcoin the best option? I find that bitcoin has indeed started to grow.

You are welcome to express your views and opinions.

In my point of view it could be possible that war can affect the price of bitcoin. Those who want to make thier assets safe will surely put up thier money on bitcoin. It is much safer compared to saving thier money on banks.