Post
Topic
Board Economics
Re: Would a global disaster increase or decrease the Bitcoin value ?
by
bangkit tri
on 26/01/2019, 02:47:04 UTC
Usually natural disasters do not affect the cryptocurrency market, and this is not a disaster. If the Earth really suffers from the catastrophe, all the coins will depreciate significantly. Ordinary earthquakes and disasters do not affect the cryptocurrency market.
earthquakes, will damage the internet network, so that more or less will affect the activities of bitcoin transactions, especially for countries that have a lot of bitcoiners
Disaster doesn't happen in all countries right? if a disaster occurs only in one country. maybe bitcoin trading activities will be disrupted in that country if the internet dies, but it will not have too much influence on the bitcoin market.

This year my country has experienced volcanic eruptions, tsunami, landslides and floods. is the price of bitcoin having an impact because of that?
right, if a small influence might occur. Moreover, bitcoin users are still minimal and it is spread in all regions of the world. Bitcoiner that has a disaster in your country may not be too large, and this does not affect market movements