Quote from: Haladay on May 26, 2018, 12:47:07 PM

Quote from: mobilestrike on May 10, 2018, 08:04:28 AM

Quote from: zhanghoqi5 on April 14, 2018, 06:46:22 AM

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.

There are two conditions that the war will bring for the bitcoin and will have a two type of affect on the price of bitcoin. In the war many people try to secure their wealth and they are searching for a good place for to secure that, now in war the price of bitcoin will either decrease if people thought it as a risky place during war or the the price of bitcoin will boost up higher if the people thought it as the best and secure place for the wealth.

Wars mainly affect markets. Let's think about gold, silver, petroleum and natural gas prices. When wars happen, people start shifting their capital to trusted assets such as gold and petroleum. Bitcoin is similar, if war happens, bitcoin price will increase.

War has affects on the price of Bitcoin because if users of Bitcoin die in war or any war like activity then it indicates that Bitcoin lost a user and similarly other people will dies as well which will bring reduction in the users of Bitcoin and other crypto coins users. Bitcoin is war irritant and will affect with it directly but the reduction is not as much to bring the coin valueless.