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Author Topic: Does war affect the price of bitcoin?  (Read 781 times)
Arlibtchunt2018
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April 14, 2018, 08:41:35 AM
 #21

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.

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April 14, 2018, 08:49:27 AM
 #22

If there is war it will affect economic of the world especially the area the war is raging. Bitcoin is part of economic tendencies so it will be affected but  it can be positively or negatively. If positively the value will rise and if negatively the value will drop and this will ensure loss.
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April 14, 2018, 08:56:31 AM
 #23

Bitcoin is good as a mode of transaction during this case. Even terrorists are using crypto currency to pass funds directly to the recipient anonymously. What a relief lols. The problem is Bitcoin relies completely using the internet.

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.

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talkbitcoin
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April 14, 2018, 08:58:36 AM
 #24

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.

there has always been tension between US and some other country in the world as long as i can remember. and not always they lead to war and wars don't exactly have to have a global effect.

with that said bitcoin has proven itself to be a very good thing to invest in and because of that you can be sure in case of a war breakout it will shoot up.

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Missterio
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April 14, 2018, 08:59:25 AM
 #25

Soon, the price will fall again, in the coming days the price will be lowered, if the conflict continues the price will fall dramatically.
biboy
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April 14, 2018, 09:00:20 AM
 #26

Those person who are always sad are the person who does know bitcoin well, I don't think that bitcoin should be fear of, when in fact altcoins and ICO's should be the one, they will be dead but not bitcoin so we don't need to fear of something that will not ever happen.
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April 14, 2018, 09:05:19 AM
 #27

Yes, of course, any changes in the economic system or political system will change the price of bitcoin.

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April 14, 2018, 09:06:52 AM
 #28

Bitcoin is the best asst if there is a war. Because you can held your Bitcoin wallet address and password in a small chip or on cloud. One can take Bitcoin anywhere worldwide.
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April 14, 2018, 09:15:17 AM
 #29

Those person who are always sad are the person who does know bitcoin well, I don't think that bitcoin should be fear of, when in fact altcoins and ICO's should be the one, they will be dead but not bitcoin so we don't need to fear of something that will not ever happen.
Says the person advertising an ICO.
But anyways yeah I would agree with you mostly. ICOs lately have been just cash grab and nothing more, the tokens take months to even come on an exchange if they come come.

On the matter of wars, well it's obvious that a large scale war affects the economy of the participating nations, which in turn will affect bitcoin is some or other way. They could be liquidation of bitcoin for quick cash by some people, while others might decide to invest in btc in fear of their nation's economy crashing after war.
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April 14, 2018, 09:26:31 AM
 #30

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 the zones of local conflicts, the price of bitcoin rises sharply. We could already see this from the tension between North Korea, on the one hand, and South Korea and the United States, on the other. When there the tension reached its peak, in that region the rate of bitcoin and some other crypto currency sharply jumped up. This situation is much more serious. Not everyone has the opportunity to convert their money into gold and jewelry. Therefore, we should expect that a certain part of the population will invest their savings in the crypto currency. I think that in the near future we should expect an increase in the price of bitcoin, and with it also another crypto currency.
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April 14, 2018, 09:30:45 AM
 #31

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.
GoldenLad
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April 14, 2018, 09:37:52 AM
 #32

For now, It's quite uncertain. It probably will or may not. We have not really experienced War during the recent era of bitcoin (and I hope we don't  either). During the past war, many people lost their lifetime savings with their local banks because some some bank stops to exist.  But with bitcoin, a lot of people can save up millions of life investments without  the banks and  will still able to access it after the war without  lost.
GregoryPorter
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April 14, 2018, 09:44:27 AM
 #33

I think it does yes. Any kind of instability seems to have a positive impact on cryptocurrency. I don't think this is a coincidence, cryptocurrency is anti establishment at its core, well, they are supposed to be
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April 14, 2018, 09:58:50 AM
 #34

War will affect its all but not with BTC,the best asset and can't be taken by anyone who does't have access to open it.The war will burn every object different from BTC that can't be destroyed by any weapon,BTC is the best choice for the future.

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April 14, 2018, 12:02:39 PM
 #35

right. War is affecting bitcoin. The bitcoin market was influenced by the US-led invasion of syria. The world currency system is turned upside down by the countries involved in the war. Some investors in syria did not participate in bitcoin due to war.
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April 14, 2018, 12:18:20 PM
 #36

Is bitcoin the best option? I find that bitcoin has indeed started to grow.

You are welcome to express your views and opinions.
Bitcoin is the best option but I don't think there's significant relation of war and bitcoin.
War will affect its all but not with BTC
Casualties will be the result but I can't really see that it will affect bitcoin's price.

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April 14, 2018, 12:30:52 PM
 #37

It's possible that war can affect the price of bitcoin. During wars, most governments or agencies, may use bitcoin as a payment method for paying for weapons like guns and missiles. And being that they don't want their monetary transaction process to be monitored they use cryptos to reduce traces. The government maybe frowning at bitcoin but don't be surprised that some of them  are among the big whales.
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April 14, 2018, 12:35:04 PM
 #38

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 and depending on who seems likely to win the war, particularly if this war results in conquest of the others territory. If positively the value will rise and if negatively the value will drop and this will ensure loss. That's all i know.
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April 14, 2018, 12:40:26 PM
 #39

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.
I think bitcoin is not the best option but it is considered as an option. The value of bitcoin is very volatile and it is not a safe asset. I would prefer buying gold instead. Anyway, my country is not affected by the war in Syria and I am very happy for that. Bitcoin will still continue to grow and I am not sure that the price of bitcoin is greatly affected by wars.
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April 14, 2018, 12:51:03 PM
 #40

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.

Yes, war will definitely affect the price of bitcoin. Especially so when that country has a large audience in bitcoin. Likewise, the market will be affected. The best options for those countries that will be affected by war is to invest and convert their assets into bitcoin because once the war will be over, they still have assets.

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