What does chance for bitcoin in Economic war the 3 poles USA vs CHINA vs EU ?

[alex le]

I started to know bitcoin in 2014  but really entry the market in the early days of 2018.It is also the time when the market starts going down. I lost 85% of assets compared to the first day of entering the market. while economic tensions are escalating between USA vs CHINA vs EU what does chance for bitcoin ?and what do chance for the newmember like me? Most recent Turkish burned $ US after the imposition of 20% import duty on Aluminum and 50% on Steel imports from TNK. The population is thought to be raising a wave of "US dollar " and honoring the Lira
- US  imposition tax on aluminum steel to Canada 25%
- US  imposition tax $ 200 billion on Chinese imports
- The United States imposed the most "harshest" economic sanctions ever put on Russia on August 22
- Europe warns $ 300B in US goods will be levied if Trump  imposition their car tax.
Could someone give me advice future of bitcoin.Thanks

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[hugeblack]

It is also the time when the market starts going down. I lost 85% of assets compared to the first day of entering the market.

Sorry to hear that but your plan to join the market was a failure, everyone knows that the market will go through a correction period after the rallies.
It will be a good lesson for the future.

Most recent Turkish burned $ US after the imposition of 20% import duty on Aluminum and 50% on Steel imports from TNK.

Although political events have a little effect on bitcoin, we live in this world.
Economic shocks will highlight more alliances among countries, a return to gold and a reduction in dependence on the dollar.

Some countries may resort to using cryptocurrencies "create a new one", but it is difficult to inject a lot of investment into Bitcoin " high-risk investment".

while economic tensions are escalating between USA vs CHINA vs EU what does chance for bitcoin? and what do chance for the new member like me?

I expect that there will be a period of long slumber where the price is resting from the crazy highs but in general do not expect to occur spectacular rises soon.

Take this time to learn more about Bitcoin, put your investment plan and then join the market.

[Kakmakr]

I started to know bitcoin in 2014  ~~  I lost 85% of assets compared to the first day of entering the market.

I stopped reading after that, because you are full of BS, if you said that. The price of a bitcoin was below $1000 in 2014, and it went up to $19 000+ in 2017, so there are no way for you to lose money, if you kept those coins and sold some of them in 2017.

In any way, an economic war will only benefit Bitcoin, because people tend to shift their wealth into commodities with a store of value, in times of war and Bitcoin is such a commodity. 

[alex le]

I started to know bitcoin in 2014  ~~  I lost 85% of assets compared to the first day of entering the market.

I stopped reading after that, because you are full of BS, if you said that. The price of a bitcoin was below $1000 in 2014, and it went up to $19 000+ in 2017, so there are no way for you to lose money, if you kept those coins and sold some of them in 2017.

In any way, an economic war will only benefit Bitcoin, because people tend to shift their wealth into commodities with a store of value, in times of war and Bitcoin is such a commodity. 

Thanks for advise.but I started to know bitcoin in 2014 but i only real begin trade and buy ico in  2018 Sir.I also hope the next time the market warm up.and developing more

[Oniko]

bitcoin does not need permission from heads of state or government. This is a payment system that can exist in the ecosystem of a crypto community.

Now crypto community is very small, and all bitcoins are concentrated in the hands of whales

[RaidNow]

Bitcoin market is highly manipulated by the whales. There will be little to no effect in bitcoin’s performance by any country’s government. But if US imposes some regulations then it might be more reliable and will be adopted by the general mass. Some experts believe that US dollars might fall soon because of an increasing amount of US debt and are advising to move to bitcoin.

[davis196]

Bitcoin market is highly manipulated by the whales. There will be little to no effect in bitcoin’s performance by any country’s government. But if US imposes some regulations then it might be more reliable and will be adopted by the general mass. Some experts believe that US dollars might fall soon because of an increasing amount of US debt and are advising to move to bitcoin.

The US debt rising has no negative effect over the US economy,because like Paul Krugman said."USA can print all the money to pay it's debts."The US trading wars have little to no negative effect over the US economy,because the foundation of the US economy is the domestic demand for products,not export.
Trading wars are bad for bitcoin.I don't price a stable price increase despite all the new import tariffs and sanctions. 

[maichimoto]

I started to know bitcoin in 2014  but really entry the market in the early days of 2018.It is also the time when the market starts going down. I lost 85% of assets compared to the first day of entering the market. while economic tensions are escalating between USA vs CHINA vs EU what does chance for bitcoin ?and what do chance for the newmember like me? Most recent Turkish burned $ US after the imposition of 20% import duty on Aluminum and 50% on Steel imports from TNK. The population is thought to be raising a wave of "US dollar " and honoring the Lira
- US  imposition tax on aluminum steel to Canada 25%
- US  imposition tax $ 200 billion on Chinese imports
- The United States imposed the most "harshest" economic sanctions ever put on Russia on August 22
- Europe warns $ 300B in US goods will be levied if Trump  imposition their car tax.
Could someone give me advice future of bitcoin.Thanks

the role bitcoin plays here is rather speculative as Turkish people are putting their money to bitcoin as a way of preventing their savings to fall with their local currency due to the restrictions.

[dothebeats]

With the rapid devaluation of the Turkish Lira day by day, I'd say the main role bitcoin has is for people to stock their assets into bitcoin and hope for the best. They simply can't store their Lira anymore given that the US continues to pressure them on trade tariffs and it seems that the action plan of Erdogan isn't panning out yet (though fairly recently, Qatari emir vowed to invest $15-B after their talks with the Turkish president). On a side note, many Turkish are vehemently avoiding the use of the US dollar at all costs, and seem to be doing quite well despite the Lira's devaluation. Bitcoin can be an option in saving those assets if the citizens want to, but at this point, I don't seem to find the necessity to convert all of your assets into crypto if you're a Turkish resident given that some countries are willing to help you out in this economic shitstorm.

[rahimali]

Well i believe the market will change in later part of this year. We are having great news about Turkey market or Korean market. So there is no doubt that we will have great time in future. All we need is patience to survive to that time

[LateMoveR52]

Bitcoin will be always out from these effects I guess. Bitcoin is just a form of fast and decentralized worldwide transaction. So, there is no chance of happening these stuffs because of bitcoin i think.

[kumala_abi]

bitcoin can be alternative for investment place for big investor.if trade war between USA China and EU make uncertain condition in market.investor doesnt like this condition and they will find new investment platform that give them earning

[petloer]

unfortunately but it is completely a true fact that bitcoin still didn't got proper government apporoval, I know bitcoin is doing very good even without this but for compating on that level it needs approval and acceptance from the rest of the world

[stompix]

It is also the time when while economic tensions are escalating between USA vs CHINA vs EU what does chance for bitcoin ?

Nothing!
Absolutely nothing!

You have to understand that while it's the government imposing taxes, those that produce the goods are companies, and those react differently, some stop doing business, some move their production sites, some just try to mitigate the losses, it's a complicated environment and right now bitcoin has no role in it.

A car dealer in the Uk might accept bitcoin payments for one or two cars worth 50k euros but for sure Mercedes isn't going to ask for 1.2 million BTC for the more than 100 000 cars it exports to the US.
Nor are going American and Europeans buying coins just because there is a trade war going on.

This "war" is not affecting bitcoin, you can see that the price swings have nothing in common with the date of the announcements about trade deals and tariffs.


LE:

I think economic way is in our favor , as when for example European countries want to punish trump they won't use us dollar as a currency which will destroy america's economy and will shift to another sort of asset which could be bitcoin . so as long as they keep fighting it's good and if they all agreed that bitcoin will affect their interests , only then we will be ruined

Lols, the Europeans countries don't use the $ they've been already using the Euro for more than a decade.

[mikyadel]

I think economic way is in our favor , as when for example European countries want to punish trump they won't use us dollar as a currency which will destroy america's economy and will shift to another sort of asset which could be bitcoin . so as long as they keep fighting it's good and if they all agreed that bitcoin will affect their interests , only then we will be ruined

[HSRP]

bitcoin can be alternative for investment place for big investor.if trade war between USA China and EU make uncertain condition in market.investor doesnt like this condition and they will find new investment platform that give them earning

They seem to have made plans for different areas. More profitable lines than the electronics market. These countries too strategic vision, can dominate the international market. And we wait to see what they are doing, to accelerate the economy.

[darkangel11]

I saw you mention the Trump's car tax which is stupid because most of the foreign cars that he is trying to tax is produced in the US. Only a small percent is imported and he wants to tax the the imported ones, which will not change anything for the average US worker. It will not make people buy American cars because the market will still be flooded with imported models and will continue to be flooded. On top of that if people like certain brands, making them harder to get will only increase the popularity.

I think there will be no economic war between the US and the EU and there is no war between the EU and China, so I don't see a chance for cryptos here. That said, we may have a fiat crisis forming.

[LeGaulois]

An economic war is not what is giving a chance for Bitcoin. An economic crisis does. Something like what is happening currently in Turkey, something like what happened in Greece. And thinking about if you check a graph and compare it with the crisis Greece got you can really see in which time Bitcoin has a chance.

I stopped reading after that, because you are full of BS, if you said that.

He said he started to know in 2014, not he invested in, in 2014. He said he entered into the market later in January.

[cellard]

I started to know bitcoin in 2014  ~~  I lost 85% of assets compared to the first day of entering the market.

I stopped reading after that, because you are full of BS, if you said that. The price of a bitcoin was below $1000 in 2014, and it went up to $19 000+ in 2017, so there are no way for you to lose money, if you kept those coins and sold some of them in 2017.

In any way, an economic war will only benefit Bitcoin, because people tend to shift their wealth into commodities with a store of value, in times of war and Bitcoin is such a commodity.  

Thanks for advise.but I started to know bitcoin in 2014 but i only real begin trade and buy ico in  2018 Sir.I also hope the next time the market warm up.and developing more

You should have bought in 2014 or you should have bought at about now. Never get in while we've had several days of several figures up coming from like $3000. At some point we were going up $3000 each day, that was bubble mode.

In the future fluctuations from $10,000 up $10,000 down will be normal, but that's when the price will be $100,000+. Look at the BRK.A stock which is valued at $300,000 a share, to see how it fluctuates in these terms.

Just always buy something that you believe is underrated given the fundamentals, after the crash happens and the graphic flattens out a bit for a couple of months.

As far as trade wars, it will get worse I think. Trump's ego is too big, he will not back down, he will keep crushing the Turkish lira, not making it easy for China and so on, so things aren't going to be too nice. The USD will keep going up, Trump should do well in his next term too, but somewhere in the second term we should start seeing some big cracks on USD, then BTC will shine like never before, so ideally you want to hold for like 10 years and you will set for life (obviously im talking about BTC and not scams).

[Haten1975]

Sorry to learn that however your arrangement to join the market was a disappointment, everybody realizes that the market will experience an adjustment period after the encourages. It will be a decent exercise for what's to come.