Bitcoin and War Crimes? - page 3. | Bitcointalksearch.org

yudi09

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Quote from: KFC786 on November 15, 2023, 11:01:20 PM

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.

The stock market is different from the crypto market. People don't call stock trading the same as crypto trading. Similarities exist such as in the level of price volatility. Wars and other events such as the 2019 pandemic could have a slight effect on prices, although war turmoil such as the country OP mentioned has no impact on Bitcoin prices at this time.

Abu-Naim

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Quote from: KFC786 on November 15, 2023, 11:01:20 PM

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.

Since you understand that bitcoin is not a stock investment as a result of that the price will not be fully affected due to war.

It also depend on the level of the places the war affected, if the war cover a wide range of places in the middle east, bitcoin investors might sell to buy or take care of their needs so if high number of bitcoin investors sell at once, it will definitely affect the market, but it will not much effect on the market the way it do during covid 19 pandemic, because covid covers the whole world and the virus is a deadly virus that is why many people sell their bitcoin then.

bayu7adi

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The war has been ongoing since 1948, and Bitcoin born in 2009. This means Bitcoin came into existence while the war was already happening, and I believe the presence of the Gaza conflict doesn't have a significant impact on Bitcoin. However, the situation might be different if the war were to escalate and involve many countries. There could be a war between Islamic countries and Zionis supporting nations, such as the US, Canada, the UK, France, etc. If this happens, it would affect all aspects of the economy, including the cryptocurrency market.

There are two possibilities, as mentioned by @mk4... people leaving Bitcoin or people shifting to Bitcoin.

Quote from: mk4 on November 15, 2023, 11:40:20 PM

Outcome 1: People would be selling their Bitcoin/crypto if it ends up following the drop in the US stock markets.
Outcome 2: People buy bitcoin/crypto because it's far easier to bring them with you if you end up moving to a different country.

slaman29

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War crimes been going on for my whole life but yes, war itself, that's the real worry. Presently, Russia spilled over and that's still limited but if the whole Middle East goes to war everyone gonna jump in US, EU, even Russia maybe China.

That's gonna have more impact than any ETF or halving and it's gonna be serious but the good news is after that, rally will be massive. If peace is achieved... very worrying future for sure.

rat03gopoh

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War doesn't always cause the bitcoin market to fluctuate violently. (without reducing my deep sympathy to civilians) Palestine and Israel are examples of cases where they're small countries that only have relatively little influence compared to other superpowers that interfere with the economic activities of other countries.

You should do a lot of evaluation with your research approach.

boyptc

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Quote from: KFC786 on November 15, 2023, 11:01:20 PM

Crypto is a stock market and also it can be affected by some wars and pandemic like situations.

Crypto is the same as the stock market, it's also a market but it's not really a stock market. And with global situations, it's proven that there's an affection on it but sometimes there's none.

Quote from: KFC786 on November 15, 2023, 11:01:20 PM

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.

Bitcoin didn't crashed during the covid-19 height. We've seen that the halving happened after a year when there were lockdowns.

And the same could happen because we're just a few months away with halving just as the pandemic happened.

Dunamisx

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Quote from: KFC786 on November 15, 2023, 11:01:20 PM

Crypto is a stock market and also it can be affected by some wars and pandemic like situations.

Really, how? The recent earthquake in Turkey does not affect the bitcoin network or it's market price and value, do you really think that bitcoin is dependent on these, not war or natural pandemic can influence bitcoin because it's something outside the bitcoin network entirely.

Quote from: KFC786 on November 15, 2023, 11:01:20 PM

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.

War has nothing to do with bitcoin price, we can take a look at the Russia and Ukraine war, it has no impact on bitcoin market price but as the cause of this, the users may be affected because they won't have to make their opportunity through in surviving hard times, when they know how to create a backup for every of our bitcoin at hand.

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Quote from: KFC786 on November 15, 2023, 11:01:20 PM

Crypto is a stock market

It's a crypto market, not stock market

Quote from: KFC786 on November 15, 2023, 11:01:20 PM

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.

If the Ukraine-Russia war which involved sanctions on a large scale did not lead to a massive dump in crypto market (in fact bitcoin was already on its way down as it always does after an all-time high) what makes you think that the ongoing war in Gaza is going to shake up the price?

In fact, just check your Bitcoin chart. Look at the price of Bitcoin from the time the war started to where it is today.

OcTradism

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Quote from: KFC786 on November 15, 2023, 11:01:20 PM

Crypto is a stock market

Crypto is not stock and it is not a market.
Cryptocurrency market is not a stock market. They are different markets with different active laws and regulations.

Quote

and also it can be affected by some wars and pandemic like situations.

Many things on Earth have been affected by the pandemic Covid-19, from traditional markets like stock to emerging markets like cryptocurrency market.

Quote

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.

Wars are always bad for human and economics as well as politics. They always have very long lasting effects on related nations, locations and local people. If a war is big like an area war, a geopolitical war, its effects will be very big, not only restricted locally but expanded to globally.

Bitcoin has a sharp rally from its bottom and I expect to see its correction anytime with any reason. The war between Israel and Hamas will cause more issues in the Middle East and global so if Bitcoin market makers use it as reason to dump the market, I will not surprise.

Yamane_Keto

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Cryptocurrencies are not stocks because they are not subject to regulatory oversight that can determine the limits of the increase in the share price, listing, or removal of the currency, but they are isolated islands that are not affected by the economy. Bitcoin was affected by what happened in 2020 and what happened in 2022, but only in the short term, so that the price was able to return again to the same levels in Less than 6 months, and therefore a global war is the only scenario that Bitcoin did not experience, and all regional wars had no effect or affected in the short term.

Fiatless

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Quote from: KFC786 on November 15, 2023, 11:01:20 PM

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 the crash.

I don't know how you concluded that there is a high chance of the war escalating to other countries. I know that many countries are gunning for peace and I don't think anyone has the intention to join the war openly. The war in Ukraine affected the global economy because of the increase in the price of crude, gas, grains, and other essential commodities. This harmed the global economy and bitcoin price was also affected because just like every bitcoin is connected to the global financial system.

But if the war spreads to other parts of the Middle East it will lead to the disruption of the sale and transportation of oil and gas which lead to a shortage in supply. Limited supply will lead to an increase in the cost of electricity and many economies will face inflation and other negative consequences. I don't think the impact of this situation will be as bad as that of COVID-19 because nations can always seek alternatives for oil and supply but the pandemic led to the total shutdown of the global economy.

I don't believe that Bitcoin will crash, the right language should be a decline or drop in price and the currency has the tradition of recovering after some time.

pakhitheboss

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Nothing is concrete and anything can happen if the war spreads in the Middle East. When COVID-19 was declared asa pandemic we saw a sudden surge in Bitcoin price we may see they same result but we cannot be certain.

War is a complete different situation than the pandemic. A lot of fiat is spent in a war and it does affect the countries participating in that war economically. Bitcoin is not a country specific currency it is a global currency and therefore I feel we won't see much happening in the cryptocurrency market.

Charles-Tim

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Quote from: KFC786 on November 15, 2023, 11:01:20 PM

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.

First of all, know that bitcoin and other cryptocurrencies are not stock. Stocks are stocks and they are traded on the stock markets. Crypto are crypto and they are traded on crypto exchanges.

Second is that bitcoin did sell at premium in countries affected by wall in the past.

Third is that bitcoin price did not plummeted because of coronavirus.

Popkon6

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Quote from: KFC786 on November 15, 2023, 11:01:20 PM

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.

In 2020, the price of Bitcoin increased rapidly in 2021, despite some impact due to the coronavirus. So I think wars and pandemics don't affect Bitcoin that much. Israel and Palestine are not only held within their countries but the economic impact is felt throughout the world. However, the price of Bitcoin does not stop there, it is very challenging for the price of Bitcoin to rise above $10,000 in the current situation. Because last month the price of bitcoin was below 30 thousand but this month the price of bitcoin touched up to 37 thousand. So none of these pandemics and wars have had much of an impact on Bitcoin.

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Quote from: KFC786 on November 15, 2023, 11:01:20 PM

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.

The outbreak of corona virus which started in December 2019 and lasted all throughout 2020 didn't have much effect to the decline on the price of Bitcoin, and likewise do I also strongly believe that this Hamas and Isreal fight which started on 7th October 2023, after Hamas terrorist group killed over 1200 Israeli citizens will still not have zero effect on the price of Bitcoin, because if it would have, we could have started seeing it's effect today, but however the opposite seems to be the cause as Bitcoin have increased in value +10,000 since this Hamas and Isreal war started till this very moments.

That is, the Hamas and Isreal war started on 7 October 2023, and the price of Bitcoin on 7 October 2023 was $27,500 per BTC, while today the price of Bitcoin is currently $37,500, which is approximately a $10k increase in value.

mk4

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Crypto is not a stock market, rather there's some level of correlation between the crypto markets and stock markets.

As for your question — maybe.

Outcome 1: People would be selling their Bitcoin/crypto if it ends up following the drop in the US stock markets.
Outcome 2: People buy bitcoin/crypto because it's far easier to bring them with you if you end up moving to a different country.

KFC786

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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.

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