Does war affect the price of bitcoin?

[pinoyden]

War will definitely affect the price of BITCOIN because a lot of people will not want to put there money any form of investment(including Bitcoin) and would prefer to have there cash at hand.  

It depends on the wars. If a war is so destrustive that leads to damaging the city of a country , then that could definetly affect the prices of cryptos because people cant think of buying or selling their coins , people wont think any business because their first priority is to save their lives from these wars. But if a the war is only specific from a small country or on a small city , then that cant totally affect the overall market.

im still hopping that there will be a world peace all over the world, not just for the sake of crypto prices but also to save peoples lives as well.

[Haladay]

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.

Wars mainly affect markets. Let's think about gold, silver, petroleum and natural gas prices. When wars happen, people start shifting their capital to trusted assets such as gold and petroleum. Bitcoin is similar, if war happens, bitcoin price will increase.

[hahay]

In case of war, I do not think it only affects the bitcoin price. But depending on how big the war is, if war is a big war then all assets will go down I think, yes we know war will happen in big country, but with a lot of support on an asset, then I think the price will still fall but the possibility of the decline can still be on tap.

[Bagaji]

Since Bitcoin has become a global currency war in nations and at the global stage will definitely affect Bitcoin market value negatively because Bitcoin react to fundamental issues like war, politics and other forms of good news.

[followmenot]

I am wondering what war they are even talking about. Syrian civil war is nearly complete, they will eliminate isis and there will probably be peace conferences. Bitcoin would be affected by world war but not syrian war.

[MiXxe]

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.

Actually to is possible to use bitcoin instead. But the fact that bitcion is being used online, reaquires internet and of course a mdium to use such as phone or computer will hinder people from thst country to really rely on bitcoin. When there is ward, communication is somehow down.

[qwertyup23]

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.

If a war broke down among hegemonic countries, bitcoin would be the least thing that I should worry for.
Answering your question, usually countries would be in a financial state of crisis during war as its resources would be exhausted for weapons and for providing funding for military services and products. Depending on the country, bitcoin would be affected but to a certain extent. Since bitcoin has its decentralized nature, there no exist a country where it has full control and regulation over it. The price may be affected somehow and it might be decreased significantly, but it will recover once another country supports its development and enhancements.

[Lan75]

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.

Probably it will an impact and it would cause cryptocurrencies to pump because there would be a lot of demand considering that war affected people will try to hide their money via crypto.

[alex M]

In case of war, I do not think it only affects the bitcoin price. But depending on how big the war is, if war is a big war then all assets will go down I think, yes we know war will happen in big country, but with a lot of support on an asset, then I think the price will still fall but the possibility of the decline can still be on tap.

I agree, there's a possibility that it would affect the market, either decrease or increase of price, but it depends on the situation. If the war is in the place or country where bitcoin or crypto currency is mostly used, I think it would affect but not so worst. It can actually recover easily since transaction are done online.

[Uno17]

I really think so, because every negative things happened affects every country’s economy, when economy affected every investment will down together as well, prime commodities are affected too. And when peace and good relationship will rule all over each country, there is always a good impact to all as well. And when the oil price also keeps going high all over the world, there is also a decrease of our income in terms of investment and other business forms.

[NENL]

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.

[NENL]

I think the war will not affect the bitcoin, and vice versa bitcoin will increase. Because bitcoin is not like gold, unlike traditional coins. If there is a war, bitcoin is a secure storage solution that will not be lost.

[Palodar]

I really think so, because every negative things happened affects every country’s economy, when economy affected every investment will down together as well, prime commodities are affected too. And when peace and good relationship will rule all over each country, there is always a good impact to all as well. And when the oil price also keeps going high all over the world, there is also a decrease of our income in terms of investment and other business forms.

Bitcoin being considered as a currency as well as an investment using it at tim e of war , the growth or leasing of materials ,food and necesitieas  higher in demand that will make it

[Mr]

i think that war affect the price of bitcoin extremely strong. Why? Because bitcoin is digital which can not be harmed by war. People will come to this coin in order to save their property. They understand that war can destroy physical things. Therefore, they will buy bitcoin which will make the price increase significantly

[reliable]

Since Bitcoin has become a global currency war in nations and at the global stage will definitely affect Bitcoin market value negatively because Bitcoin react to fundamental issues like war, politics and other forms of good news.

I think it can effect because the country economics dynamics get hugely effected and if the country has the good position in the world it will directly effect the other country GDP as well and thus people will start selling the btc as they would require money to spend as things will get a lot costlier.

[MiXxe]

War ia one of the greatest problem a country faces. It doesnt mean always about physical war but also the war of people to its economic situation. Well i  think that people forget to think that in physical warfare all of us have common in denomibator. We have no money, no money.
But with bitcoin, remember that we are family and that we make difference for our countries.

[giarised]

I think the war will not affect the bitcoin, and vice versa bitcoin will increase. Because bitcoin is not like gold, unlike traditional coins. If there is a war, bitcoin is a secure storage solution that will not be lost.

To some extent you are right but if a holder dies then what will happen. I think that many people will withdraw their money from bitcoin because during the war they want money because of any emergency and for cash money they will sell their bitcoin. Other reason for withdrawal is this that people will think about internet and blockchain technology. If these two fail, all the investors will lose their money.

[mr.nby]

I think the war will not affect the bitcoin, and vice versa bitcoin will increase. Because bitcoin is not like gold, unlike traditional coins. If there is a war, bitcoin is a secure storage solution that will not be lost.

A small local war would have little effect on bitcoin. But world war would certainly have had a significant impact on the market. Destruction of electrical infrastructure or Internet would seriously limit access to the cryptocurrency market.

[cahgantenx]

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.

very appropriate if Bitcoin backed up the safety of life in the form of wealth because in the war we do not know when will die. What we think is our family. Families should know about Bitcoin and its contents

[Zlatna Kopa4ka]

That's a really good point of view you have there Sir. I've never thought about this and in fact I totally agree with what you have said in this topic. Going with Bitcoin, as it is decentralized, is a great thing for Syrians, obviously peace is the greatest thing to happen with them, but it is what it is, war is a huge problem for any country. I hope it settles down in the near future, again I give you props for your thinking.