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Author Topic: When the World Cup ends, will ETH and BTC rise?  (Read 2975 times)
inding
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June 22, 2018, 09:51:58 AM
 #21

Is there any necessary connection between the World Cup and the cryptocurrency? Maybe you can use cryptocurrencies for gambling, but I don't think cryptocurrencies are the main betting method during World Cup gambling, and more people are still gambling with cash.
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June 22, 2018, 09:55:24 AM
 #22

I do not think there is any relationship between cryptocurrency and the world cup because they are two different thing entirely and have different goals and this cannot affect the price of coin. Yes, if the world cup ends, bookmarkers who have interest in crypto may pump into it thereby increasing the crowd but I beleive the price of bitcoin and ethereum will rise as soon as the bear period is over.
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June 22, 2018, 09:55:57 AM
 #23

I do not think that bookmakers will invest in crypto currency and do not see the connection of the world cup with crypto at all. But I agree with you in one thing, that the price of crypto-currency will begin to grow upward.
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June 22, 2018, 10:01:28 AM
 #24

Most of trader and whale go to russia to see football matchs, after world cup they will come back and make the market exiting again.
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June 22, 2018, 10:20:35 AM
 #25

I think so. During the World Cup, some bookmakers made huge profits. Of course, they will make money seem legal by laundering money. Virtual currency is a good choice. Of course, this practice violates certain laws, but it will not stop their desire for benefits. A large number of BTC and ETH transactions will follow, and prices seem to rise accordingly.
This is my personal thought. This may be naive and perhaps sensitive. Welcome to discuss.
There is no connection between the World cup and the Crypto market, I think. Bitcoin reduction is just the right adjustment for future long-term price hikes.
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June 22, 2018, 10:23:06 AM
 #26

Bitcoin prices or gross market capitalization is due to the panic of everyone when shark is manipulated. That is the main reason. The World Cup probably does not work here.
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June 22, 2018, 10:23:43 AM
 #27

I think the World Cup will attract more people to bet on the ball, so fewer people will pay attention to the financial market.
Stocks and bitcoin would both fall.

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June 22, 2018, 10:25:42 AM
 #28

There must be a relationship between them, and disapprovals are fools. The World Cup is the largest casino of all mankind. How can this not be unrelated.
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June 22, 2018, 10:28:51 AM
 #29

The increase is possible, but not entirely due to the World Cup. There may be some problems in your opinion.
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June 22, 2018, 10:41:20 AM
 #30

Although it's difficult to find  the connection between world cup and crypto / securities market, I still agree with you. It's because of cryptocurrencies advantages: anonymous, fast transfer, safe, low fee etc. The conspiracy theory used in your topic is similar to that one used by crypto traders as they don't know the reason why the crypto market keeps going downwards and the cash-flow has been gradually withdrawn.
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June 22, 2018, 11:53:18 AM
 #31

There must be a relationship between them, and disapprovals are fools. The World Cup is the largest casino of all mankind. How can this not be unrelated.
World cup had nothing to do with the correction that continues to hit cryptocurrency, even without this event, the bear period still coming because of different factors affecting it, besides   how come that it is the largest casino where it happens only every 4 years, by the way, arguing with your opinion is not foolishness.
CodyAlfaridzi
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June 22, 2018, 12:07:13 PM
 #32

I think so. During the World Cup, some bookmakers made huge profits. Of course, they will make money seem legal by laundering money. Virtual currency is a good choice. Of course, this practice violates certain laws, but it will not stop their desire for benefits. A large number of BTC and ETH transactions will follow, and prices seem to rise accordingly.
This is my personal thought. This may be naive and perhaps sensitive. Welcome to discuss.
Nope, I'm sure it won't rise. First, your accusation of laundering money is nonsense and does not backed by proof. Why do bookmakers have to laundry their money? Gambling is legal in most countries. What practice do you mean?

Second and most importantly, even if your first assumption is true, it won't make big move in the market. The Bitcoin and Ethereum market have billions of USD in volume. I'm sure those bookmakers money won't make any big changes in the market.

Please don't be so desperate looking for reason to support your hope for Bitcoin bull market coming back. It won't in the near term. It'll take years before we had another bull market IMO.
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June 22, 2018, 12:37:06 PM
 #33

I doubt it will make much difference, people were saying the same amount Chinese New Year and a few other things too.
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June 22, 2018, 12:40:12 PM
 #34

I think that FIFA World Cup and Crypto are two different things. But maybe their will be some impact but not the huge to the point that it will tilt the Crypto to go up or down.
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June 22, 2018, 12:43:41 PM
 #35

I do not think that the World Cup is the reason for the fall of the currency, I think that the reasons are not at all in this and after the end of this event the world will start to plunge into a bigger event called the global financial crisis
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June 22, 2018, 12:44:19 PM
 #36

In my opinion, there will be no impact whatsoever in Crypto during the FIFA World Cup or even it has ended. Maybe their will be some transactions, trading or betting some Crypto that will go on related during World Cup but it won't affect that much. That's what I think.
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June 22, 2018, 12:45:14 PM
 #37

Profits may have been made, but I really don't see the relationship between the game and cryptocurrency, there might have been people  who placed bets in cryptocurrency, but it's just a small portion, the market depends on other factors other than cryptocurrency
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June 22, 2018, 02:23:47 PM
 #38

there' no correlation between world cup and cryptocurrencies price...
I don't see why BTC should rise because the world cup.
we are in a really bad bear trend...
lucretiareaves
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June 22, 2018, 02:26:02 PM
 #39

Frankly, I think it's not relevant. But I hope that you are right, look forward to exit the market as bleak now
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June 22, 2018, 02:29:24 PM
 #40

If the world cup matches what is the benefits for crypto currencies mate. There are many positive news through out the world about the bitcoin but still fake news and regulations only defining the value you cheap. That is really awkward things mate.

Like every year from September onwards you can expect the bitcoin price go bigger in the market.
Kindly ignore your panic and invest the fund keep on over all the crypto that is the only way we can keep help for price bump.
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