Post
Topic
Board Speculation
Re: Does war affect the price of bitcoin?
by
Similificator
on 24/04/2018, 16:40:09 UTC
Mr Trump has announced a precise crackdown on Syria, a war that would destabilise the world and would buy other assets for safety. Is bitcoin the best option? I find that bitcoin has indeed started to grow.

You are welcome to express your views and opinions.


Well, it depends on the adoption that has already happened. If a war happens on a country that has a lot of crypto currency users in it, then those people would most probably put almost all of their funds on bitcoins just to be safe which in turn would make the prices go up a lot or a bit depending on the number of people and how big every person puts into cryptos. But if not, then I think it wouldn't affect the prices that much. That's what I think.