Quote from: cellard on August 06, 2018, 06:50:08 PM

If by cryptocurrencies you mean altcoins then yes, they are not safe havens and are high risk, but with Bitcoin eventually it will not be that much of an high risk, and more of a safe haven. These things take time, to flip the switch on people's mind and realize this is a fact because Bitcoin is the only neutral asset to nation state's conflicts.

Yeah but these normal measly people(non bitcoiners Tongue

) don't know that. US people are afraid of bitcoin, and why you ask? Its because they think bitcoin will take over the dollar. Roll Eyes

Quote from: hugeblack on August 06, 2018, 05:26:28 PM

I do not expect it to be a trade war between the United States and China, but a power struggle to prove who stands up for the last moment.

If we assume that it is a trade war, the direct impact will be on the stock markets: starting with technology companies, the automobile sector and other related economies between the two countries.

The impact on digital currencies will be indirect because people are afraid of economic shocks, so they will resort to other means to save the capital from gold, silver, and cryptos.

cryptocurrencies are not a safe haven but high-risk investments, so I do not expect many investors to resort to it.

I don't know about a war between US and China, but China is in a really bad spot now. China's main industry, the production industry is at a very bad shape. Factories are moving out of China, neighboring countries of China are taking advantage of the current situation.

If trade war happens, its gonna lead to a world war. Kim Jong Un won't keep his shit to himself. Prepare for the worst. Shit is going down for real.