Post
Topic
Board Speculation (Altcoins)
Re: North Korea threatens 'unimaginable' strike on United States
by
BTCMILLIONAIRE
on 21/10/2017, 21:32:38 UTC
North Korea threatens 'unimaginable' strike on United States
https://www.cnbc.com/2017/10/19/north-korea-threatens-unimaginable-strike-on-united-states.html

We know this will tank stocks.  What will this do to cryptocurrencies and stocks?  (South Korea and Japan are among the biggest markets for Bitcoin.)
North Korea has been doing the same thing for years, and nothing has happened, and nothing will happen to cryptocurrencies. They just like being the center of attentions. But if anything were to happen, the markets will defininetly feel a blow and the stocks will take a big dip, but nothing major.
I can't really take the situation seriously. It's just the same old story over and over again. If something were to actually happen the markets shouldn't really be affected by it in the long run though. There might be a brief shorting period, but that's it. On the other hand, the stock market (tech) seems ripe for a retraction regardless of the North Korea buzz, so that's something to consider for those who have significant amounts of shares.