Does war affect the price of bitcoin?

[no0dlepunk]

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.

Well, the fall of a stock market may affect bitcoins, fiat deflation may also affect the price of bitcoins - so i guess the answer to your question is positively yes. if war happens in a region or country then fiat will surely deflate and the investors (most probably are foreign) would sell out their stocks... and then weak hands will also sell out, and then look for somewhere to put their money. That's when bitcoin comes in handy. The demand rises, the price goes rocket.

[Itha_]

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 bitcoin is the best option, I think the best bitcoin investment because of future assets. Bitcoin is famous all over the country, and we can access anywhere as long as there is still internet network.

[paulaitwesley]

The value of bitcoin is because it can earn the universally recognized legal currency, and bitcoin itself has no power group to endorse its value.

If the financial turmoil caused by local wars, bitcoin is bound to soar.

[lelylely]

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 if there is a war then it will have an impact on bitcoin, in the case of a person's war preferring safety and not thinking much about the assets it owns, and therefore bitcoin prices may fall.

[melekseverce]

if it ends I think it might be gan. let alone the war is the most influential country in the world. that is the worst possible. well, the lowest effect is like now, the bitcoin price drops.

[lester04]

I doubt if war affects crypto. I think there will be no effects unless this will be a huge war and people need to evacuate in their shelters most probably this will be affect because people cannot concentrate on their assets. They're will be focusing on how they will survive.

[brightology]

Bitcoin is crypto currency, that is only on virtual money, but in times of war, is bad thing because bitcoin deal with smart contract peer to peer, which can reduced many investors that are effected with war, because at that point in time the community has reduce and it may also effect the market prize

[Cryptocb]

bitcoin is not a physical cash, which can not be effect with any weapon or harmful, bitcoin is well protected with blockchain technology and is a digital currency that is acceptable all over the world, in which can not be effected on any war.

[raes]

If it become a world war, the scale is huge and the impact of course involves the whole world. With such an impact, even if it's bitcoin, it can't guarantee that bitcoin will be a safe asset. It would be different if this is just a war on a small scale. For example, you can see the war between Israel and Palestine. It was a small-scale war. And that doesn't affect bitcoin at all.

[khaled0111]

I think that wars can affect the cryptocurrency market.
The safest way to hide your money when your country is in a war situation is to invest it in cryptocurrencies, this way it will be impossible to confiscate it or steal it. With more people buying the cryptocurrency market will flourish while the local currency will slide down.
It is a win-win situation.

[Astvile]

It may affect if a huge country thats into bitcoins will be included in the war then it may affect bitcoins price in a huge quarter if a certain country gets humilated and destroyed and people there has huge amount of bitcoins holdings,but most likely even though a country is not included at war it may still affect a bit

[jyotianand01]

in my opinion, there is no effect of war on bitcoin as it is not under control of any country and syria is not a big country where too much people involved in it. Maybe there is some volatility in that time but it has not much effect on its growth potential.

[Strongball]

I think it depends on the severity and sensitivity that goes with the war. conflicts
and calamities have certain impact the influence stock markets and even crypto.
Whenever there are fuds, hacks and scandals pertaining to crypto coin or trade
site the prices seems to react also. I think a big and disturbing war would definitely
have significant impact on bitcoins. It will surely bring prices down while a lot of
people and business are gonna be affected.

[Lingesh]

I think war doesn't affect the value of bitcoin. Bitcoin not owned by a country. So the war never affect the value of bitcoin

[Ekanenf]

For me the war in other country is not affecting the value of bitcoin, the really affecting the price is the FUD and fake news, together with the banning of bitcoin is some country in asia.

Well if there is going to be a war on a certain country or even a world war of course bitcoin would be annihilated to, I mean, if the people who are responsible on making bitcoin moves in the market dies, then the supply will become zero in no time and sadly it could die like what might happen to us if there is going to be a war, and no one will think about bitcoin during that, that is insane.

[ZNAQ Index]

That two of the most important bitcoin on the world markets, such as Japan and China, are so closely in the area of tension is something that could have an impact not only in the price of its currency, but in the of the bitcoin.
North Korea has reserves of bitcoin, nation, or rather, its leaders, would benefit from an escalation of prices. Although the bitcoin is not a centralized asset like oil, where producing countries follow global standards and work together to maintain a stable price. The bitcoin, by their characteristic of being a decentralized well, not usually be affected in the same way as other reserve assets.

However, as already mentioned above, such a conflict would involve, at least more than 3/4 of world markets of bitcoin by trading volume.

[Similificator]

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.

Well, it depends on the adoption that has already happened. If a war happens on a country that has a lot of crypto currency users in it, then those people would most probably put almost all of their funds on bitcoins just to be safe which in turn would make the prices go up a lot or a bit depending on the number of people and how big every person puts into cryptos. But if not, then I think it wouldn't affect the prices that much. That's what I think.

[yasong]

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 war years, the skyrocketing prices are the norm. The legal currency will continue to depreciate. Only Bitcoin and gold can maintain their purchasing power.

[lisasteca]

For me the bitcoin not being tied to any nation should not be affected by a war and if it is affected it should increase in value because someone sees it as a refuge. The btc is different from fiat currencies that are always influenced by the political and economic events of the nations.

[kenelmark]

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 don't think war will really affect the price of bitcoin, except the really big scale of war. it probably affects a bit, but bitcoin is borderless. destabilized few countries doesn't mean destabilized bitcoin. history tells us that technologies keeps growing during war, because war uses technologies. even computer is found due to war need. do you remember Alan Turing create the computing machine to win the WW2 !? moreover, paper money may become lack of use in case of international transactions during war, bitcoin can be solution.