Quote from: cryplion on August 22, 2019, 03:15:25 PM

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse. And also, what can ordinary investors do to avoid losses?

If there is a complete trade war upon goods between both these countries and services trading is still on then btc can actually benefit from it. Because people who are really in need of certain services will have to buy them at any cost and they might consider btc as a payment option so that they don't come into the picture.

Politically speaking i Dont think it could have an impact on btc as whole because BTC doesn't have much impact on global trade relations as not much of the trade takes place in bitcoin. But yes if in such cases there is an economic shakeout then people could consider investing in Cryptocurrencies as an option.

Quote from: Karmakid on October 01, 2019, 04:53:12 AM

Quote from: jmigdlc99 on October 01, 2019, 02:28:53 AM

Quote from: cryplion on August 22, 2019, 03:15:25 PM

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse. And also, what can ordinary investors do to avoid losses?

Fiat trade war sounds good for bitcoin to me. The more people fear for their fiat money, the more they look for investment vehicles like gold, or even better BITCOIN. It's no surprise . because we've seen this happen already take for example Zimbabwe. When that country's inflation rates resulted to the government printing billion dollar bills everyone tried to preserve the value of their money by investing in bitcoin.

If that scenario will happen, it will become like winning a lottery for us because people will increase the demand and since the supply of bitcoin is very limited, it is safe to say that we can get a lot of profit from just holding and owning a few bitcoins in our wallet. This is why, it is so important to take advantage of the opportunities that we have to get more bitcoin.

this is not happening. Such trade wars Don't hype upto hyper inflation or anything because both countries know that what is at stake at most they would just stop cross ocean trade for sometime and nothing else. Things would be restored to normal later.