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Author Topic: Does war affect the price of bitcoin?  (Read 668 times)
kenelmark
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April 24, 2018, 05:11:49 PM
 #121

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.




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pekavcilar01
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April 24, 2018, 05:41:15 PM
 #122

The biggest factor affecting bitcoin prices is the amount of money entering and leaving the crypto stock market.
If a large amount of money is withdrawn from the market, prices suddenly fall down. For this reason, it is necessary to examine the volumes of crypto money.
You can make money by using this variant.
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April 24, 2018, 06:05:55 PM
 #123

political and international activity affect the price of bitcoin . bitcoin price depends of lots of factor any single financial movement can change or affect the btc price .
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April 24, 2018, 06:07:52 PM
 #124

One of the great things about Bitcoin is that it's an uncorrelated asset. It's not really tied to any particular sector of an economy like traditional assets. People often attribute certain world events as being the reason Bitcoin goes up, from Cypress to Brexit to Trump, but the truth is that it rises and falls based purely on its own merits.
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April 24, 2018, 06:11:06 PM
 #125

Yes it would surely affect the price of Bitcoin,
If the war begins and lot of people needs money then they would surely sell their cryptomd it would drive the price down.
Who would hold their crypto when they are dying in hunger ,When their family is suffering and their stomach is empty?

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April 24, 2018, 06:15:01 PM
 #126

The biggest reason to influence prices is the volume of money on the crypto exchange. If you enter the market in the big mint, the prices go up. If big money is being taken from the market, prices are falling.
It is not known that people will need the cash money at the time of war. But if big money is withdrawn from the market, the prices will fall too.
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April 24, 2018, 06:16:56 PM
 #127

It could be a major predicament in sense that, If the war starts on the major countries that we may consider has the most transactions made or users engaged in the crypto world, then the possibilty of the rates will definitely fluctuate. But that will still depend on how does the Government handle their economic stability in times of war. Therefore, it is subjected to change at this time.
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April 24, 2018, 06:17:40 PM
 #128

War can affect the whole world economy and it can certainly affect the bitcoin price. The citizen of a war affected people will surely not choose bitcoin as an investment. The war situation in the middle-east is not new so I don't think that will cause of any price change but a big scale of war can significantly change the bitcoin price.






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April 24, 2018, 07:05:35 PM
 #129

I don't think the war that Trump is preparing, if it's true, will affect a lot the world, probably only what is related to those countries that participate. It is not a world war or a war between two big countries like USA and Russia to affect the whole world. I know that pretty much all I Co's are restricting people from USA joining and buying tokens from them so for altcoins is not going to be a problem. Probably the US dollar will be affected, but I don't think this will lead to a crash of bitcoin. The price could go down a little since there are lots of people using bitcoin in USA but nothing big.
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April 24, 2018, 07:17:03 PM
 #130

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 world politics will not affect the price of bitcoin in particular and cryptocurrency in general. because the two things are very different concepts. but here I think that world politics will greatly affect the users of bitcoin and cryptocurrency. because if it happens, it is certain that every participating country will enact an economic policy that may incriminate bitcoin and cryptocurrency. thats my opinion bro Cheesy
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April 24, 2018, 07:25:15 PM
 #131

I don’t think this is related to this particular war, more to all instability in the world
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April 24, 2018, 07:29:09 PM
 #132

I suppose you think at war in Syria. Or maybe elswhere? Anyway, I don't think that politics and war affect the bitcoin or other cryptocurrencies in any way, at least not at the moment. Cryptocurrencies are not that under influence of the world politics like fiat money is and that is actualy a good thing.

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April 25, 2018, 03:18:56 AM
 #133

I think yes, because war can make bitcoin usage or bitcoin transaction increase and cause bitcoin price increase. I think this transaction is filled by buying and selling weapons and others, according to the news circulating reason Mr Trump attacked military base in Syria and assisted by its allies with reason, to retaliate on what America claims, that the Syrian army, has used chemical weapons to crush the insurgency in the Disputed Territory with the rebels. is bitcoin the best option? I think yes bitcoin is the best option because bitcoin prices are only affected by miners and transaction or deals between offer price and bitcoin demand price
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April 25, 2018, 04:23:25 AM
 #134

if there is a war that happens to other countries the bitcoin value is not touched because there is nothing about the bitcoin in their war that is happening now, a testimony to that is why the battle is not due to bitcoin.
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April 26, 2018, 11:06:19 AM
 #135

You heve to keep in mind few things. But please note that one thing we have to understand is that currency warfare only happens and really affects when our currency is really strong. In the world there are many scenarios for dollars, which was also mentioned in James Rickards' Currency Wars, when Russia and China started to use a familiar currency, based on diplomatic and economic dominance in many other countries whether the US is still standing or not? It was a hypothetical scenario and it did not happen, but at this stage it was different. This is no longer the fight of money between nations, but it is a war of tycoons with nations.
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May 06, 2018, 02:49:42 PM
 #136

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.
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May 10, 2018, 06:34:31 AM
 #137

In my personal opinion, war will affect bitocoin, but that will affect the positive direction, not the negative direction. Because when there is war, the value of the dollar will be low, people will convert the dollar into bitcoin, because bitcoin is a safe place to store and move easily.

See https://twitter.com  Iran forces fire 20 missiles into Israeli territory
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May 10, 2018, 07:10:53 AM
 #138

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.
It is normal that if war starts for sure many investors will cash out because of being ready what ever happens,but the brightly individual will continue buy bitcoin for future purposes,this asset is been in our lives so after war everything will back to normal,and maybe after then the price of digital currency will grow that we dont expected

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May 10, 2018, 07:39:54 AM
 #139

USA and allies have declared war on Syria by firing 100 missiles into Syria.
The situation with Syria has cooled down since then. Trump was trying to please both the NeoCon warmongers and the countries against starting World War III, so he shot missiles at Damascus, but gave Russia warning in advance so that Syria could shoot them down. Russia didn't even have to interfere, and Syria got a chance to showcase their ground-to-air defense which bolstered Syrian morale. Ironically, firing missiles at Syria last month was a victory for Syria. Remember: Trump hates ISIS, and Syria recently defeated ISIS.

Israel will continue to raise tensions with Iran, Syria, and their allies, but if Trump wanted to escalate with the RSII-Coalition then he wouldn't be inviting Putin to the Whitehouse. Economic ties are a strong disincentive against war, yet it is the countries with a robust economy that would raise the price of crypto when sanctioned. Somalia, Yemen and Gaza have tiny GDPs, and if Trump were to declare war on Syria or Iran then he would've done it already.

That's not to say that existing trade sanctions won't increase the price of bitcoin. Certainly there are already existing trade sanctions and economic sanctions between NATO and the RSII-Coalition, which can be bypassed through cryptocurrency.
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May 10, 2018, 08:04:28 AM
 #140

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 are two conditions that the war will bring for the bitcoin and will have a two type of affect on the price of bitcoin. In the war many people try to secure their wealth and they are searching for a good place for to secure that, now in war the price of bitcoin will either decrease if people thought it as a risky place during war or the the price of bitcoin will boost up higher if the people thought it as the best and secure place for the wealth.
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