Post
Topic
Board Economics
Re: Would a global disaster increase or decrease the Bitcoin value ?
by
pinoyden
on 05/10/2018, 09:48:10 UTC
War would see an increase in bitcoins price but a natural disaster? I'm not sure. It depends how many places it affects since if it's just a small country or a few islands it wouldn't affect the price at all even if the people there had to spend all of their bitcoins.

It has a point. People today did not really give attention to bitcoin, some people ises but not all therefore we can conclude that it would not be affected because of the high population a specific location a disaster will come. With this we can say that the market as a whole will not be affected.

The title of this thread says "global disaster" not local or only on a specified country , therfor there is a posibility that the market will decrease because people will expected to sell so that they can have a money to buy foods and other important things in life .

There is also a chance that cryptos can became stable if ever there will be no electricity available due to disaster because people cannot possible cash out .