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Re: How wars can affect Bitcoin?
by
Mr.Dick
on
23/05/2018, 17:45:41 UTC
Quote from: Obbeliskinsk on May 23, 2018, 05:19:52 PM
Take a look on the chart for gold prices around times of war.
https://goldsurvivalguide.co.nz/wp-content/uploads/2017/08/War-vs-Gold-Price.png
I think BTC willl follow a similar pattern as at the moment it only serves as store of value.
Good read at:
https://marketrealist.com/2015/11/threat-war-impacts-gold-prices
Yeah maybe, but if the war affects the miners, the system will continue to slow down and there sure will be the threat of a massive dumb in price..