Quote from: kingntking on November 13, 2017, 02:07:36 PM

Quote from: bering on November 08, 2017, 06:42:10 PM

global disaster mean this is happened to almost all of the countries in the world and i think yes possibly it will decrease the value of cryptocurrency because when global disaster happened most of people only concern how to save their own life without care for their wealth and if it is so then bitcoin will being worthless and lack of interest also the damage effect is there's no internet connections which being the main thing to use bitcoin

Global disaster would eventually lead to a decrease in the value of bitcoins. This is because the value is entirely dependent upon the rate of investment and buying and selling of shares in the international market in terms of cryptocurrency.

And if there would be some kind of war between the countries or the whole world afflicted with the Btcs then obviously the market would crash leading to a decrease in the value of this digital asset.

I am really trying to see how that would really play out. Let us not forget this is not a centralized currency and that means we are talking about a huge war here that affects everyone globally.

It is normal in scenarios like this that people will want to cash out to be able to at least have food to eat, knowing that your currency in your wallet will be worthless if you cannot even see food to buy during a situation like this.

Still, I am trying to see how there can really be a global disaster that would really warrant to something like that and everywhere worldwide would be totally affected ? That would be like Armageddon. If it has to do with just some few places, then I doubt if it can affect the value of bitcoin.