Trade war Influences on cryptocurrency

[Lolox]

U.S. trade war with China may only have a slight impact on the development of crypto prices. It will probably have an impact on the economy in every country. The Bitcoin movement is influenced by demand and acceptance. So this price of Bitcoin can also rise very high because of the large demand, but if the reception is small, the price will decline sharply.

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1714847874

[FlightyPouch]

U.S. trade war with China may only have a slight impact on the development of crypto prices. It will probably have an impact on the economy in every country. The Bitcoin movement is influenced by demand and acceptance. So this price of Bitcoin can also rise very high because of the large demand, but if the reception is small, the price will decline sharply.

So how can you connect that on the trade war? It is true that bitcoin's price depends on demand and acceptance but when it comes to the trade war, how is that connected? That is the reason I don't think bitcoin will be influenced or be affected by it.

[ipanks]

I don't think the trade war will have a big impact on this market. If this market was affected by the trade war, BTC would have gone up sharply when the US imposed Chinese taxes in early September.

Well, we can say that, but we don't know the truth. But if the stock market is down, then it might affect the cryptocurrency, and that means, we will see so many investors will come to the crypto market. The trade war will impact to the country, and in this matter, it's about the US and China, but we don't hope that it will disturb the economy of the other countries. But what you say could be possible to happen as bitcoin will be another choice for the people in the US and China to make the transaction.

[conected]

U.S. trade war with China may only have a slight impact on the development of crypto prices. It will probably have an impact on the economy in every country. The Bitcoin movement is influenced by demand and acceptance. So this price of Bitcoin can also rise very high because of the large demand, but if the reception is small, the price will decline sharply.

So how can you connect that on the trade war? It is true that bitcoin's price depends on demand and acceptance but when it comes to the trade war, how is that connected? That is the reason I don't think bitcoin will be influenced or be affected by it.

- I don't think so, bitcoin will get a certain influence from this trade war, the explanation for this story is that the value of Chinese currencies will be reduced when they no longer cooperate with the US, they will be affected economically, besides this story, the US also has an influence when its stock market also has some links with China. And the solution is to move to other assets without being affected, even profit, crypto and bitcoin are probably very well known as a way to increase assets and make money, crypto market will have fluctuations in this battle

[beerlover]

If the trade wars continue for too long that would mean that countries will not be able to trade with each other with ease which would result with product prices going up and that is why the inflation will go up and that is why bitcoin will go up.

However, I think no country can afford to continue this for too long, not USA, not China, not UK and maybe Europe, I mean Europe is the least affected one among all of this, UK does need EU but EU doesn't need UK that much, they are still consisting of ton of countries and whatever UK has brought so far will be replaced by other countries collectively, even if not to the fullest it will be covered a bit. So, maybe EURO-BTC price won't be affected as much as POUND-BTC or DOLLAR-BTC pairs because of not so high inflation there.

[Betwrong]

If the trade wars continue for too long that would mean that countries will not be able to trade with each other with ease which would result with product prices going up and that is why the inflation will go up and that is why bitcoin will go up.

However, I think no country can afford to continue this for too long, not USA, not China, not UK and maybe Europe, I mean Europe is the least affected one among all of this, UK does need EU but EU doesn't need UK that much, they are still consisting of ton of countries and whatever UK has brought so far will be replaced by other countries collectively, even if not to the fullest it will be covered a bit. So, maybe EURO-BTC price won't be affected as much as POUND-BTC or DOLLAR-BTC pairs because of not so high inflation there.

Or, in other words, the price of BTC will not be affected in regards of its buying power. If I was sure that this scenario would unfold in the nearest future, I'd bet on EURO then, especially being on the place of average people who are still afraid of Bitcoin. But what I personally believe is that Bitcoin is still undervalued today, and that it's price can rise not only because of the inflation of fiat money, but due to wider adoption, and that people who invest in it now will not only save their money in the sense of their buying power, but will be able to buy more goods and services compared to what they can buy now with the same amount. That's just my opinion, of course, I know, I can be wrong.

[lixer]

I think if we look at how many new companies go into crypto we can estimate how much money is going into bitcoin because of this. For example just recently there was a new ETF that was for limited investors and only 50k dollars was invested, so we know that was for nothing, if it turns out that trade war was not affecting bitcoin neither I wouldn't be shocked.

Look at the price, it hasn't moved in the past 3-4 months easily (it has gone up and down but nothing major) which means this trade war hasn't affected bitcoin in the slightest, maybe there is some small ones but it is not big enough to make a difference so I doubt there is any influences. If there was an actual spoken big war then maybe there would be a huge impact but for now this doesn't change anything.

[BitHodler]

But what I personally believe is that Bitcoin is still undervalued today, and that it's price can rise not only because of the inflation of fiat money, but due to wider adoption, and that people who invest in it now will not only save their money in the sense of their buying power, but will be able to buy more goods and services compared to what they can buy now with the same amount. That's just my opinion, of course, I know, I can be wrong.

If you put it like that then it's undervalued for sure, but it's only like that for people who understand what Bitcoin is and how fundamentally important it could be in the future as a digitalized decentralized form of value.

I however do think that we need to find some more stability in order to make people feel comfortable enough to consider it money and a store of value. Currently the volatility is scaring them which is kinda understandable.

Bitcoin's benefit is that there is monetary utility that can be easily utilized, which is an incredible selling feature. If you look at gold, people only talk about it during economic turmoil but largely ignore it when the economies are strong.

It pretty much means that when the fear of a recession dims, gold will be sold to have that capital be utilized in a more efficient way. What else do people need gold for who don't care about its physical properties?

[Semosuchi Tesongrato]

Honestly, the volume of trade in the crypto world is so low and niched that I don't think it has any tangency with the "real" economy and its "wars".
Bitcoin leaps depend much more on whale speculation.

[Spaffin]

Honestly, the volume of trade in the crypto world is so low and niched that I don't think it has any tangency with the "real" economy and its "wars".
Bitcoin leaps depend much more on whale speculation.

Of course, I agree with you that the cryptocurrency market has its own war, because of which there is not always a favorable pricing for many coins.  Nevertheless, I want to draw attention to the fact that the capitalization of the cryptocurrency market is 264 billion dollars, and this is a lot of money to leave them unattended.  It is because of this that today many governments and specifically taken people are waging their political and information war in relation to cryptocurrency.

[Betwrong]

~
Bitcoin's benefit is that there is monetary utility that can be easily utilized, which is an incredible selling feature. If you look at gold, people only talk about it during economic turmoil but largely ignore it when the economies are strong.

It pretty much means that when the fear of a recession dims, gold will be sold to have that capital be utilized in a more efficient way. What else do people need gold for who don't care about its physical properties?

Gold has been highly valued for many centuries. Nothing gets as much hype as gold, neither in the past nor in the present. That's why I think that gold can go only one way in the sense of its buying power, down. Of course its price will increase in the case of hyperinflation of fiat currencies, but its buying power will stay the same at best.

Bitcoin, on the other hand, is getting more negative publicity than positive, starting from its creation. It is highly likely that most people on Earth heard something bad about Bitcoin rather than something good. It would be one thing if the negative publicity was deserved, but since it wasn't, I think Bitcoin has great potential in the future.

[binhvo1505]

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse. And also, what can ordinary investors do to avoid losses?

I think that the best shelter for cash is still bitcoin. where new investors are keen to buy to increase the value of the money they are having in the upcoming recessions.
Anyone who knows bitcoin has a deflationary mechanism and no one runs it, that's why it is growing stronger and scarier.

[silversurfer1958]

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse. And also, what can ordinary investors do to avoid losses?

I think we should all use money to buy Bitcoin and invest in it. because Bitcoin is always in high demand and when the recession starts, people increasingly want to buy assets that can hold back their value, such as gold or Bitcoin.
Therefore, choosing to buy Bitcoin is the best way to not be affected by the recession.

[nankers]

I think trade war between US and China will not give any effect on cryptocurrency because the fact is cryptocurrency (especially bicoin) is just a new source of investment and also until now, the tool of world trade transactions still use fiat money (in some countries maybe use gold) not use cryptocurrency. You can see, when the Chinese government is devaluing the value of their fiat money (Yuan), the prices of Bitcoin and Altcoin were relatively stable. so, I doubt if trade war will have a big influence on cryptocurrency

[samcrypto]

I don't think the trade war will have a big impact on this market. If this market was affected by the trade war, BTC would have gone up sharply when the US imposed Chinese taxes in early September.

That’s right but since the market is still down, we can conclude that the trade war is just a war that can’t affect the crypto market. Maybe in short term there is no effect but we can’t be sure if the future will still be like this. Trade war between the USA and CHINA makes an impact on some economy and businesses, its good that bitcoin is still not affected and its good that we still see bitcoin kickin. The price of bitcoin will move up on the upcoming halving, let’s be patience on that.

[ethereumhunter]

I don't think the trade war will have a big impact on this market. If this market was affected by the trade war, BTC would have gone up sharply when the US imposed Chinese taxes in early September.

That’s right but since the market is still down, we can conclude that the trade war is just a war that can’t affect the crypto market. Maybe in short term there is no effect but we can’t be sure if the future will still be like this. Trade war between the USA and CHINA makes an impact on some economy and businesses, its good that bitcoin is still not affected and its good that we still see bitcoin kickin. The price of bitcoin will move up on the upcoming halving, let’s be patience on that.

We hope that it will not give a negative impact but only give a positive effect on the bitcoin because people will save their money into another form or another investment. Bitcoin could be the next of the best investment for people and who knows, with that moment, many people will realize the benefits of bitcoin to them so they will invest their money in bitcoin. If that happens, then we might see an exploding of the adoption in cryptocurrency because people want to move their money to the other investment.

[ufaiz50]

In my opinion what happened in the trade war is more to affect the value of imports exports from the two countries, indeed if it continues it will affect the economy in the world because the us and china have a big influence on the world economy. From that point in my opinion the bad impact will be a little to crypto, cryptocurrency is more decentral so external influences won't have a big impact.

[nur rochid]

I don't think the trade war will have a big impact on this market. If this market was affected by the trade war, BTC would have gone up sharply when the US imposed Chinese taxes in early September.

That’s right but since the market is still down, we can conclude that the trade war is just a war that can’t affect the crypto market. Maybe in short term there is no effect but we can’t be sure if the future will still be like this. Trade war between the USA and CHINA makes an impact on some economy and businesses, its good that bitcoin is still not affected and its good that we still see bitcoin kickin. The price of bitcoin will move up on the upcoming halving, let’s be patience on that.

We hope that it will not give a negative impact but only give a positive effect on the bitcoin because people will save their money into another form or another investment. Bitcoin could be the next of the best investment for people and who knows, with that moment, many people will realize the benefits of bitcoin to them so they will invest their money in bitcoin. If that happens, then we might see an exploding of the adoption in cryptocurrency because people want to move their money to the other investment.

With the trade war going on it will make the economy not conducive, it is our hope that investors can see bitcoin and invest their funds in cryptocurrency, so this will have a positive impact. especially after the bakkt later, it will increase the confidence of investors and also the government, so that mass adoption will soon occur

[fullhdpixel]

Golds only reason to get any attention is that there is a limited supply and people really value it. The sad part about it is that there are stuff we use gold to produce, and sometimes they go to garbage, sometimes they are lost and in the end there is really a limited amount of gold, which means it will eventually get more and more valuable and will be literally unpurchasable for regular people at one point.

Same goes with bitcoin, just 21 million at max and we already lost millions of it I am sure, with more time passes there will be more losses and people forgetting their keys and all that which will eventually reach to a point we may end up with less than 10 million, that alone would make bitcoin go up super high in price. The resembles are uncanny.

[Bezobraznike]

   Nobody can predict the future. Trade war is ongoing, predicting the outcome is impossible, what we are doing in this times is choosing sides. With using
crypto-currencies we made our choice and now we can hope for the best.
   Trade war is a global thing, it hit`s every country and all the people, in some way. Trade war will have influences on crypto-currencies, I believe in positive way.
People will see that this is a better and safer way!