Post
Topic
Board Economics
Re: Economic situation around the world and Bitcoin
by
dimox
on 15/10/2019, 12:07:01 UTC

the tensed up between two country affect on trading volume and world economic growth. but it doesnt mean from this situation will push people to use bitcoin. and i think country that ready to adopting bitcoin doesnt mean that the people will use bitcoin everyday and apply for daily need, buy and sell, etc.

       These two countries' tension and their currencies' movement are positively affecting the price of bitcoin. It rises alongside yuan currency price's concern, and this might drive and convince people to invest and enter crypto space because of the price movement.

i think bitcoin have different world with this tension. if it give effect, its not big effect like when someone buy all of bitcoin. and it will make their currency a little wobbly