cryptocurrencies vs world cup

[fivefingers]

Does the world cup affect the price of bitcoin and altcoin in the market....?
How do you think...

What the hell is wrong with the posts these past few weeks. Everyone just posts now for the sake of being able to post even if it is some nonsense and stupid question. Please post something related to altcoin discussions. This is crazy and completely unrelated and should be deleted.

[nairb131]

I do not think the world cup affects the price of bitcoin or any crypto in any way because they are different things entirely. World cup is a competition between different countries while crypto has to do with investing and making profit

[Jack_Sin]

I do not know if the world cup can affect bitcoin, but a few days before the world cup there is bad impact for bitcoin because the rate drops dramatically, maybe after the world cup there is an increase in bitcoin rate

[ballerin and giroud]

There is no relation between cryptocurrency and world cup, the price of cryptocurrency will change if there is anything that associate cryptocurrency in it, be it bad and good thing. Until now I have not seen any special event cryptocurrency for the world cup, or at least some Russian payments using cryptocurrency or the Russian government sell tickets using cryptocurrency, with that it is certain that the price of cryptocurrency will increase.

[cryptotezi]

I think yes, There is a good impact of world cup in the market. You know, that Russia is a crypto friendly country and it accepts bitcoin payment in many location. So it will affect the demand and supply and thus World Cup will have an good effect on crypto market.

[Jamesdila1]

i did not see any good price going up because of it. but happy to see bitcoin is becoming popular worldwide. lot of people may use is for sport bets too. so thats creating another positive thing for btc.

[altcoinanalyst1]

Considering the world cup is in Russia and as in Russia cryptocurrencies are widely used it may affect the price a little bit. But with only ticket payments it can not do a big change to the market.

[bozo333]

Does the world cup affect the price of bitcoin and altcoin in the market....?
How do you think...

Last six months Bitcoin was dump in the market but world cup was started in last month 15th so I don't think it is affected in crypto market. But some gamblers are busy to trade in Bitcoin and altcoin so many of them confused in this situation. I think main reason of this price fluctuation is regulation and banned process in some countries but everything is recover on this month.

[ivanleon]

Does the world cup affect the price of bitcoin and altcoin in the market....?
How do you think...

How can an event that is not directly related to the currency exchange rate affect the value of Bitcoin?

[thamas_22]

I think it has affected the market positively. May be this is the reason the price has increased.

[babsjoe]

There is no correlation between the cryptocurrency market price and the world cup tournament! Cryptocurrency has it's unique trend and price behaviour while world cup has nothing to do with cryptocurrency price!

[bttmember]

I think world cup fever is all over the place and its crazy, i think after the world cup, soccer fans will also come back to the market and we will see even more money flowing back into crypto, so im positive that market will start growing after the world cup.

[pobeditelvezde]

As we could see the world cup did not affect significantly on market although I thought that the so big event would affect positively on market unfortunately the crypto market did not boost its capitalization during the world cup. There is only one positive thing from the world cup I mean positive emotion which we tried out. Anyway the world cup is not finished yet therefore it is possible that we will see some positive changes on the crypto market a bit later.

[Bitcoinpioner]

I think that there is not any single relationship or connections between those two , maybe some users can need money and withdraw it or sell it less because of urgent money maybe

[amanarora_1]

Definitely! we all know that there are many bookies, then world cup watchers. They all now love to use Bitcoin for big money exchange in seconds. So this will totally effect Bitcoin price. According to me, it goes up but don't know what happen after worldcup? I don't know how much i'm right but this is my thinking.

[marvel21]

I think no. Certanly, there are will many people who booked hotels by btc (for example) but in btc it is no so big volume to change level of prices of crypto.

[beehimneff]

I think the championship is unlikely to affect the price. Is that traders are a little distracted by football

[DiabolicAnt]

Hm I don’t see any correlations in that. Well probably it may affect the price but I can’t think of any possible ways for it.

[batang_bitcoin]

It has been seen that there is no connection.

[JCLee]

Worldcup currently has a huge impact on the cryptocurrency rates due to betting at the current betting sites using crypto for betting and bonus payments for members. Thus the cryptos rates are slightly volatile and will likely recover after the World Cup ends.