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Author Topic: When the World Cup ends, will ETH and BTC rise?  (Read 2981 times)
Convery
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July 09, 2018, 09:06:44 PM
Last edit: July 11, 2018, 08:18:03 PM by Convery
 #301

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.
Haha, you are very naive. This will not definetly happen, I think.
We will be able to see any progress after big instutional investors come to the market. This can happen soon after there will be more ETFs funds. These kind of funds protect big investors from theft because they are insured.

Hope that this will also have impact to ICOs because it is the field for me, currently I am promoting one - EON. Take a look at this promising ICO.


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July 09, 2018, 09:10:43 PM
 #302

I don't know the correlation between cryptocurrency and world cup. I think world cup doesnt give affect on crypto. Lets we see when the world cup end, eth and btc will rise or not.
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July 09, 2018, 09:38:47 PM
 #303

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.

If I think about your words, they have some logic. But honestly, I'm not sure if it will. I can not even judge. We only have to wait and see if it really whether it will be like this. The championship is over soon, so hopefully it will happen.  Grin

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July 09, 2018, 09:54:14 PM
 #304

It's really hard to predict this market. Still, I think it will recover as soon as possible. Cause already long red days. But is there anything related to world cup.?I see your point is valid but still, I don't think it will affect the market. And if it does it will be little not so big.that's it. But if your word is true then it will be great . The thought is funny .Think like that its great. Smiley

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July 09, 2018, 10:13:07 PM
 #305

We will, if you are pertaining to the use of Crypto in Betting, Booking Flights and Hotels this cant be the reason if sudden fall of Crypto market.
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July 10, 2018, 06:11:44 AM
 #306

I do not think that the World Cup will make an impact on the crypto market, for this to happen should be invested billions of dollars in cryptocurrencies and I do not think that bookmakers will earn so much money
They are all just baseless assumptions which in the real sense do not make any sense at all looking at the comparison of the two. It is not like jerseys are being sold in collection for bitcoin and Ethereum; it is not like this was used as a means for payment purpose and so on.

If the world cup is in Japan now, we could have said most foreigners may want to use cryptocurrency since it is legal in Japan to do transactions and so on, but even at that, it is still does not bring about any correlation between the two by any means.

Seeing how a lot of people here are trying to link up the whole world cup with the rise of these two coins is actually funny and pathetic at the same time as there is no correlation between the two. Crypto space of course is determined based on how it is perceived and how demand kicks in and I do not see any news that brings about the end of the world cup creating a whole new level of demand for bitcoin and Ethereum in any way.

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July 10, 2018, 06:18:20 AM
 #307

I don’t see any concrete relationship between world cup and prices of crypto currency. To be frank they don’t even relate in any sense because the crowd that is into the FIFA may not be the crypto lovers and vice versa is also 100% true.

My judgment says it’s vain to even plot any prediction based on this data. Already we have less number of crypto people as compared to FIFA lovers and who knows only fraction of it might be in their.

 
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July 10, 2018, 07:41:37 AM
 #308

The World Cup will probably affect Crypto because of the public interest so large that it will be a promotional tool in the crypto. but I still hope the market can recover soon and patience is needed for now.
Where is the public interest that is related with world cup, where is the promotional tool, because I am not seeing any during the cause of watching all the world cup events. I just want to assume a lot of you are full of it trying to link everything with anything. The market is surely going to recover, but there is absolutely no fundamental reason that ties bitcoin and Ethereum with world cup which would create huge demand for it unless you guys are just busy seeing things in your dream.
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July 10, 2018, 08:28:53 AM
 #309

The World Cup will probably affect Crypto because of the public interest so large that it will be a promotional tool in the crypto. but I still hope the market can recover soon and patience is needed for now.
Where is the public interest that is related with world cup, where is the promotional tool, because I am not seeing any during the cause of watching all the world cup events. I just want to assume a lot of you are full of it trying to link everything with anything. The market is surely going to recover, but there is absolutely no fundamental reason that ties bitcoin and Ethereum with world cup which would create huge demand for it unless you guys are just busy seeing things in your dream.
Do not forget that football is in third place in terms of working capital. The first two are drugs and weapons. Of course, some part can get to the crypto-market. What time will tell. I propose to wait for the end of the championship.

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July 10, 2018, 08:44:52 AM
 #310

In my opinion, if you follow Bitcoin and the market price Ethereum before, you can see a good market but now the market is going down but in a few days the market re-grows. Too many people start trading on cryptocurrency so I hope Ethereum and bitcoin should increase and we can also get together to get as much profit as possible.

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July 10, 2018, 11:42:35 AM
 #311

I think it has already happened, but I dont know was the ending of world cup the reason for that, or no. Because it is hard to imagine a depending between those two, but we are seeing the prices up again.

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July 10, 2018, 02:44:25 PM
 #312

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.

I don’t understand how World football cup championship in Russia is related to falling or rising of coin’s prices. But I don’t think that the end of championship will help to recover the cryptocurrency market.
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July 11, 2018, 05:57:36 AM
 #313

Definitely, WORLD CUP will not have an influence over the rise and fall of the prices of the BTC and ETH, the crypto world is influenced by many other important factors that affect the price of the Bitcoin and Ethereum. Hope the price recovers in the coming weeks and everyone is happy! 
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July 12, 2018, 05:53:29 AM
 #314

I like your point of view. I think that after the championship everything is not pominyaetsya. But I admit growth because large sums like quiet translations. What can the crypto currency offer.
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July 12, 2018, 05:59:43 AM
 #315

Definitely, WORLD CUP will not have an influence over the rise and fall of the prices of the BTC and ETH, the crypto world is influenced by many other important factors that affect the price of the Bitcoin and Ethereum. Hope the price recovers in the coming weeks and everyone is happy! 

sure world cup does somehow affect the price of cryptos because many people are maybe using their cryptos to buy a subscription like for example on live streaming in order to watch the live events on the wold cup . they may also use their crypto to buy fifa merchandise online and to play fifa gambling as well . so i guess after these fifa tournament end , the price of the cryptos can also recover .

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Hope the price recovers in the coming weeks and everyone is happy! 

the price can recover on the following weeks but not all wil be happy because there are some investors that will prefer for the price to fall , so that they can still be able to purchase a crypto at a lower rates .
krakovich
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July 12, 2018, 06:05:03 AM
 #316

I believe that the World Cup has little significance for cryptology, but it is so! a large number of people wanted to visit their country's matches, and many people will sell bitkoy to do it. every big event somehow influences this market.
forestharvest
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July 12, 2018, 06:05:31 AM
 #317

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.

What you say might be true, we can see that crypto price is dropping this few months is because of many exchanges are being hack by hacker and cause a big commotion and government enforcing rules and regulations on trading of bitcoins. Many crypto user go out of crypto market most probably is because of the reasons listed and not totally due to the work of world cup.   
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July 12, 2018, 06:07:26 AM
 #318

I see no sign for that. If the market recovered, it would recovered before WC. It need factor which push it to the limit.
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July 12, 2018, 06:12:51 AM
 #319

I see no sign for that. If the market recovered, it would recovered before WC. It need factor which push it to the limit.
Yes, there is no cause and effect. If we want to make the market stronger, only some new favorable policies and new technologies will emerge.
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July 12, 2018, 06:16:09 AM
 #320

I also agree that I do not see the connection. Between the World Cup and the price increase, the Crypto-currency. Maybe, of course, someone has arguments on this. Share, I'll be glad to get acquainted.
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