Post
Topic
Board Speculation
Re: 3 Reasons Why Bitcoin Could Explode over 2019
by
UmerIdrees
on 07/07/2019, 16:22:19 UTC
The political problems between Iran and the USA might lead to another war and we know what happens when countries goes to war. The whole world goes into a panic mode and they start looking for safe havens to protect their wealth. Singapore are seeing this to with the trade wars and the uneasy relationship between China and the USA.  Tongue

Bitcoin is not just a safe haven, it is also a quick method to transfer large amounts of wealth over borders, when a war threatens a country. All of this has a positive impact when situations like this, force people to buy more bitcoins to protect their wealth.  Roll Eyes

So you think bitcoin can explode because of international tension and maybe a War. That's not right. A war will bring a big panic to the world economic and even bitcoin will be affected by it in a negative way.
Alternatively, bitcoin will increase naturally as soon as the bitcoin adaption is increased more.