Trade war Influences on cryptocurrency

[HarmonyA]

We are starting to see a fight line drawn for a worldwide money related matchless quality, with China offering speaking to brought together contron and including the concealment of outside impacts.
The legislature of china had a colossal history of profiting by the intensity of centralisation.

[Baoo]

Possibly some of whales are linked indirectly to these governments, I mean the US and China  that's why the market is so volatile in all the time,  These strong countries are controlling the world economy, so there are some negatively influences just for traders and particularly investors.
In fact, it is not easy to avoid the financial losses because the whole market is controlled, but you just need to deal with it especially the worst situation. The investors can easily guaranteed their profit through investing in BTC and Ethereum in a long term and remember that the halving is coming soon.

[BITCOIN4X]

~snip

Why do you say that the whole market is controlled? Is this a real form so that the prices of bitcoin and altcoin can be manipulated?

IMO, So far I know that some people can move the market and it requires quite a lot of money and not all markets can be controlled. Bitcoin and altcoin are assets that are easy to change and this depends on demand and supply. Although there is still the possibility of price manipulation, I am sure they cannot control it forever because this community has existed for more than a decade and many of them have extensive experience and knowledge.

[FanatMonet]

It affects, but rather cryptocurrencies benefit, this is a very good way to transfer significant amounts without extra eyes.

But most importantly, cryptocurrencies can be used to overcome various kinds of sanctions and embargoes, and this is not cool.

[TrevorS]

It affects, but rather cryptocurrencies benefit, this is a very good way to transfer significant amounts without extra eyes.

But most importantly, cryptocurrencies can be used to overcome various kinds of sanctions and embargoes, and this is not cool.

In general, a trade war can play positively for cryptocurrencies. In particular situations when you really need to send a significant amount of money in the shady way.
Nevertheless, this money cannot directly affect the economy because while it is in the "shadow" it is impossible to use it, that is, someone will have to wash it.

Here again we are faced with the problem of the connection of bitcoins with something illegal. In addition, during a trade war, one of the parties, for example,
China, can manipulatively invest in bitcoin or increase the excitement so that the whole world will invest in it, thus imposing the rules of the game on its opponent.

[Bohxz M4p4gm4h4l25]

What the average investors need to do is to avoid investing in dollar or maybe bitcoin. But I don't think bitcoin can be affected because most investors can convert their fiat into cryptocurrency and bitcoin is the most sort for.

Yes nothing is for sure, it is possible that bitcoin can pump because people might convert their fiat into bitcoins believing that it will not be affected by the issue. As an investor one thing you will probably do is to pullout your funds if there is a possiblity that it may burn because of a certain event. Like Gold, bitcoin can be one of the tjings that cannot be affected so  much.

[TrevorS]

Not sure if it has any affect on the cryptocurrency market but if anything it should help the market and hurt fiat currency.

In general, a similar scenario is quite possible. But only if one of the parties, for example China, wants to free its economy from dollar dependence by switching to its own currency only in another form of collateral.
For example, a fully digital currency. I am sure that it will not be Bitcoin, because Bitcoin is under the control of other people, to one degree or another.
China will not be so stupid as to assure its economy in such an ambiguous situation. Therefore, China is creating its own digital currency, national.

Probably China is considering a similar option of switching to a fully digital asset of its own production and is preparing the ground for this.
It is not known whether this scenario will be realized, but China is clearly expanding its capabilities in this regard. As for the trade war, this is not beneficial to either side.
Trade contributes to the expansion and growth of the economy, which means that war adversely affects the welfare of both countries. I don’t think the trade war will last long.

[abhiseshakana]

In general, a similar scenario is quite possible. But only if one of the parties, for example China, wants to free its economy from dollar dependence by switching to its own currency only in another form of collateral.

Even though China is intensively conducting its Yuanization program, China is doing it very carefully because the majority of China's foreign exchange reserves are still in the form of dollars, besides that 58% of global foreign exchange reserves are still in dollars. In this position, the dollar is still mighty to become a monetary stabilizer in China and almost all countries in the world. Dollar ownership can serve as a shield against global economic turmoil and currency devaluation risk.

China might make a total deduction, if:
- It can change all foreign trade in the form of Yuan. Despite the fact that China keeps the Yuan exchange rate weak against the dollar, yen and US dollar in order to win the trade competition, so the price of goods from China remains cheap. While payments in dollars are certainly more profitable for Chinese exporters.
- If you have replaced the foreign exchange reserves in the form of other currencies or gold. Despite the fact, China also often purchases Government Securities in dollars with the aim of having an influence on other countries' economies.

[jlmj]

As Joseph Trevisani said: "US and China sign historic trade deal" I think this can resume the current situation. Is not the end of the world as people are saying...

Source: US and China sign historic trade deal

[desticy]

It affects, but rather cryptocurrencies benefit, this is a very good way to transfer significant amounts without extra eyes.

But most importantly, cryptocurrencies can be used to overcome various kinds of sanctions and embargoes, and this is not cool.

In the conditions of a trade war, many shadow transactions are carried out with the help of cryptocurrency.
I can’t say that it’s good, but it’s definitely not bad. Indeed, in essence, during such wars, countries build walls between themselves that interfere with the flow of capital, and cryptocurrency helps to circumvent restrictions of this kind. Cryptocurrency - expands freedom, but what extends human freedom is always highly valued in the world.

[Captain Corporate]

 Of course these nations will continue to work together, do you really think that they will never trade with each other or somehow have a "economical cold war" type of deal at year 2020? Thats impossible and could never work because all nations need each other. China has immense population that it needs to feed and it has a lot of work force that is ready to work for basically peanuts, if they don't work with USA who can pay those peanuts easily but a combined trillions of dollars, China will go into debt. Same goes for USA tho, if they don't use China, they will have to pay someone else a lot more money which would ruin a lot of companies and that will result with USA losing a lot of money at a time when debt goes off over 20 trillion dollars.

 These nations need each other, and not just these but basically all nations, without each other we can't be self sufficient to produce every single thing our citizens need, so politicians can do or say whatever they want but in the end they will find a middle ground for everyone.

[spike420211]

It affects, but rather cryptocurrencies benefit, this is a very good way to transfer significant amounts without extra eyes.

But most importantly, cryptocurrencies can be used to overcome various kinds of sanctions and embargoes, and this is not cool.

In the conditions of a trade war, many shadow transactions are carried out with the help of cryptocurrency.
I can’t say that it’s good, but it’s definitely not bad. Indeed, in essence, during such wars, countries build walls between themselves that interfere with the flow of capital, and cryptocurrency helps to circumvent restrictions of this kind. Cryptocurrency - expands freedom, but what extends human freedom is always highly valued in the world.

Nevertheless, it is quite difficult to say what consequences for the economy will have such transfers. After all, shadow money does not emerge in the economy in its purest form, at first it is laundered by criminal structures or cryptocurrency exchanges, or casinos, or something else. Such money does not affect commodity circulation between countries. Of course, the possibilities of this kind that cryptocurrencies provide us with are very positive, but there are also negative consequences.