Post
Topic
Board Speculation
Re: 3 Reasons Why Bitcoin Could Explode over 2019
by
xWolfx
on 07/07/2019, 17:50:28 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

Yeah yeah i know a lot about panic mode. I agree 100% with you.

For example, Venezuela right now is like Havoc or Apocalypse mode and this worked flawlessly to store value, just like any other currency from a developed country.

And it's also interesting how the fees seems expensive for us moving not so big amounts but they are a joke but the ones transferring a lot of money easily.