Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on November 16, 2018, 02:02:32 AM
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Natural disasters affect everything either directly or indirectly. Although cryptocurrencies are digital, remember, the mining machines are physical and can be damaged by the disaster. It requires people and their demand/patronage to give the entire crypto market its value. A natural disaster claiming a lot of lives which may include crypto enthusiast, investors or users apparently affect the crypto market.
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Postponed the crypto system if there will have critical disaster in the land widely.
Possible waste of lives, properties, and efforts.
Electricity shortage could happen during and after.
No matter what we do if it is natural disaster (wildfire, earthquake, storm and etc) we cannot stop it but we can save our lives by being prepared before it will happen.
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Yeah, I've wondered what would happen if there were somehow a worldwide internet outage... could cryptos pick up right where they left off?
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the impact of natural disasters on cryptocurrency might be very influential when making electricity non-existent and the bitcoin network or blockchain is destroyed it will destroy the cryptocurrency.
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I semi agree with it. If the disaster happened the countries where most of the people using crypto it will really going to affect it.
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Unless it affects electricity of most countries, I do not really see the huge impact of natural disasters on cryptocurrency market. Maybe we will see people from affected areas cashing out on the cheap can affect the price but that is only going to be temporary.