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Author Topic: World Economy and war situation and crypto  (Read 921 times)
Polo7
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January 05, 2020, 04:42:19 PM
 #1

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?
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January 05, 2020, 04:56:27 PM
 #2

War is a terrible thing. In the event of war, the stronger in general, the stronger, the poorer, the poorer. Similar results are true in economic crises. These are my comments. I think gold is the best investment tool in this case. It makes sense to buy bitcoin. However, it makes more sense to keep the main body of the investment as gold.

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Polo7
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January 05, 2020, 05:09:41 PM
 #3

War is a terrible thing. In the event of war, the stronger in general, the stronger, the poorer, the poorer. Similar results are true in economic crises. These are my comments. I think gold is the best investment tool in this case. It makes sense to buy bitcoin. However, it makes more sense to keep the main body of the investment as gold.


Gold and Bitcoin Can be both good in this situation*
Coz they are Independent from countries Economy debt and other factors.

But Gold u need to store Physically somewhere due to war u might not get hold on your gold
But btc Will do Much better in this situation
ecnalubma
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January 06, 2020, 02:42:23 AM
 #4

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?
The current situation might affect the both the economy and crypto industry. If the tension in Iran gets worse investors and people will find a way to move their financial assets effectively and crypto is one of the best option, but who wants another war anyway? I hope the tension will be resolve and both parties slow down their anger.
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January 06, 2020, 02:55:07 AM
 #5

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?

More or less, big events that affect the whole world will have an effect on Bitcoin. But it may not be direct, because Bitcoin is still isolated somehow from the economic slumps, trade wars, and even violence in some countries. But in the long run, everything is connected. Bitcoin may rise or fall due to the events in the world. If there is a fall or uncertainty in fiat's value, for example, Bitcoin will somehow serve as a safer way to keep their money's worth.
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January 06, 2020, 03:51:19 AM
 #6

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?
The current situation might affect the both the economy and crypto industry. If the tension in Iran gets worse investors and people will find a way to move their financial assets effectively and crypto is one of the best option, but who wants another war anyway? I hope the tension will be resolve and both parties slow down their anger.
cryptocurrency has room when tension occurs. Moreover, the Iranian government itself said that crypto could be an alternative choice, after that incident Iran would be antipathy with the dollar. maybe the triumph of crypto is just beginning and we can see that now we see a verdant market


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January 06, 2020, 04:16:42 AM
Last edit: January 09, 2020, 10:49:57 AM by CryptoBry
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 #7

Whats Ur take on that? War situation USA Trump Economy and crypto Currrency? Do u Think that current situation have any impact on crypto?

When there can be uncertainties, conflicts, wars, problems, turmoil, chaos and similar incidents, there is a big possibility that Bitcoin can go up. I said possibility and not a guarantee. Maybe because there can be some people who will be moving their wealth to safe havens like what gold and cryptocurrency can be providing. However, there can be some difficulty on measuring the impact of this recent conflict between the USA and Iran because neither countries are huge users of Bitcoin. Still, there can be some short-term impact and hopefully coupled with the coming halving this can be helping push Bitcoin to a good jump.
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January 06, 2020, 04:56:41 AM
 #8

Whats Ur take on that? War situation USA Trump Economy and crypto Currrency? Do u Think that current situation have any impact on crypto?

When there can be uncertainties, conflicts, wars, problems, turmoil, chaos and similar incidents, there is a big possibility that Bitcoin can go up. I said possibility and not a guarantee. Maybe because there can be some people who will be moving their wealth to safe havens like gold and cryptocurrency can be providing. However, there can be some difficulty on measuring the impact of this recent conflict between the USA and Iran because neither countries are huge users of Bitcoin. Still, there can be some short-term impact and hopefully coupled with the coming halving this can be helping push Bitcoin to a good jump.
We don't know some possible outcomes regarding to the status of world economy. There are some  uncertains things, conflicts, and some incidents between the status of world economy and the war situation because there are some people are bad thinkers and have a bad intention because they all know is wealth and money. It is very usual that there are some people when it comes to gold and wealth is going different in characteristics.

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BigBos
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January 06, 2020, 05:22:45 AM
 #9

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?
I hope WW3 doesn't happen, but 80% of it will affect crypto. utilizing this technology to disguise transactions, buying things that are desired so that the information is not spread is very good. in addition, crypto can also be used as a fast transaction, and can also be done anywhere. This is very suitable for transactions in such circumstances.

 
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TitanGEL
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January 06, 2020, 05:42:15 AM
 #10

Whats Ur take on that? War situation USA Trump Economy and crypto Currrency? Do u Think that current situation have any impact on crypto?

When there can be uncertainties, conflicts, wars, problems, turmoil, chaos and similar incidents, there is a big possibility that Bitcoin can go up. I said possibility and not a guarantee. Maybe because there can be some people who will be moving their wealth to safe havens like gold and cryptocurrency can be providing. However, there can be some difficulty on measuring the impact of this recent conflict between the USA and Iran because neither countries are huge users of Bitcoin. Still, there can be some short-term impact and hopefully coupled with the coming halving this can be helping push Bitcoin to a good jump.
We don't know some possible outcomes regarding to the status of world economy. There are some  uncertains things, conflicts, and some incidents between the status of world economy and the war situation because there are some people are bad thinkers and have a bad intention because they all know is wealth and money. It is very usual that there are some people when it comes to gold and wealth is going different in characteristics.
The conflicts are rising, the threats between other countries are increasing. If we will use fundamental analysis, we can have a data where we can say that the war that may happen can affect the whole economy and the cryptocurrency market is included. Of course if there is a war, I'm sure that the investors will start withdrawing their money in the market that can lead to financial crisis.




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January 06, 2020, 06:04:23 AM
 #11

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?
The current situation might affect the both the economy and crypto industry. If the tension in Iran gets worse investors and people will find a way to move their financial assets effectively and crypto is one of the best option, but who wants another war anyway? I hope the tension will be resolve and both parties slow down their anger.
yes i also agree with you if the situation between iran and the united states heats up then iran will move his assets into cryptocurrrency. and maybe this will have a good effect on cryptocurrency. but I hope this war will never happen. no benefits can be gained from war. only sadness and loss are gained. I hope relations between the two countries will soon improve.

 
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January 06, 2020, 06:06:23 AM
 #12

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?

Ideally it should have positive impact on bitcoin! Even though war is a very unfortunate event and US is constantly at war with middle east eyeing their oil reserves, but bitcoin and gold should benefit from it.

Starting from the day of the attack on Iranian Major General, oil price and Gold price is going up and so does bitcoin! Slowly bitcoin is being used as a hedging instrument in global market even though Gold is the biggest beneficiary of it!

I urge all to read this below article on this same topic which narrates the situation very nicely,

https://www.forbes.com/sites/investor/2020/01/03/bitcoin-war-iran/


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January 06, 2020, 06:16:57 AM
 #13

will have an impact. let's look at some time ago. which is bitcoin traded in Iran at a price of $ 24,000. this is the impact on WW3 with US. what if this comes true. and US at war versus iran. there are 2 possibilities. First, if the US loses, the dollar price will fall and bitcoin will pump. if US wins, I think bitcoin will fall. Iran has supported BTC by making prices far from the existing market. hope all follows that price.



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January 06, 2020, 07:50:12 AM
 #14

Still not respond from Iran after their warlord killed by United state, only give bounty bug for every one want to kill and bring Trump's head will get higher reward more than 1 trillion above based on announcement by Iran before, but we don't know is real announcement from Iran government or not.


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January 06, 2020, 08:04:25 AM
 #15

Iran will respond to the strikes sooner or later, may be after the funeral on Tuesday. It will have impacts on Bitcoin and crypto but as Iran was under the sanctions from long time now, this wont be affecting in large quantity. Hopefully, there will be no war because it will be a greater loss than good.

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January 06, 2020, 08:46:44 AM
 #16

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?

It will have a little bit impact because the situation is not that alarming, every people in iran are getting ready for what their government will do same to us. every each of users here our outside forum is observing the situation so if the war will happen then the changes will start. in this situation we shouldn't take it easy.
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January 06, 2020, 08:56:50 AM
 #17

If Iran vs USA war escalates to bigger than the two countries, then it will hit hard to the world economy. But it might give way for cryptocurrency to grow because it will serve as safe storage. But for now, I think the most affected is oil and crypto will stay the same.
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January 06, 2020, 09:11:27 AM
 #18

Crypto is way too small to be considered at all in case of war. Many people call crypto an alternative form of investment which can come handy in case of slowing down economy or depression which usually happens in case of war. But the market is so small and no one will consider it as an alternative. It will fall equally along with the stock or forex. People might altogether forget about it. Not a big deal at this marketcap.

 
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January 06, 2020, 10:00:20 AM
 #19

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?

War is not happening. Nobody in its right sense should start making plans or making conjectures about what will happen to crypto should it happen. The aggression on both sides is just reaction to the spur of the moment when they both sit down and count the cost aside the material costs, the human lives that would be lost, both will agree and accept that peace and compromise is the way to go couple with the other factors and people that would intervene in the matter just to avoid war by all means necessary...
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January 06, 2020, 10:22:06 AM
 #20

Big war will make all of us poorer. It will be really bad scenario
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