Post
Topic
Board Trading Discussion
Re: Bitcoin and War Crimes?
by
Dunamisx
on 22/11/2023, 14:43:23 UTC
Crypto is a stock market and also it can be affected by some wars and pandemic like situations. So I will say that Currently going wars with Gaza ( PALAESTINE) and Israel War. In long term situation and as there are high chances of spreading of war to whole middle eat. Will bitcoin market go on crash mood because last time was coronavirus.
What are your thoughts?
I think that could be the reason of crash.
I think if the war between Palestine and Israel gets more difficult day by day, there will be a lot of pressure around the world. And if two factions of the whole world are formed for these two countries, then there is definitely a possibility of a world war and many people will die in it. Accordingly, we can say that the crypto markets may be affected somewhat downwards, as we saw the Bitcoin market crash during the COVID-19.  If the war between these two countries continues and the situation becomes more dire, there is a possibility of becoming a bigger war. When this situation takes a turn for the worse, many economic and various aspects worldwide will begin to suffer and this may affect Bitcoin. I also think that when the situation worsens with a global war between these two countries, there is a high possibility of a Bitcoin market crash.

So for your mind war is liable to cause bitcoin market crash, where have you left the fact that bitcoin is a decentralized digital currency, what impact has Russia and Ukraine war made on bitcoin market, despite the fact that knowing fully how both Russians and Ukrainians were well involved in bitcoin, maybe you should be reminded that bitcoin is not depending on any economical of financial crisis of any country than what it's network within gives under it's demand and supply, maybe you should add this to include the expectation we had with bitcoin with the event of halving.