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Topic: Bitcoin and War Crimes? (Read 445 times)

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November 24, 2023, 10:09:26 PM
#57
If war spreads to a country that has a large number of Bitcoiners, it will more or less affect the development of Bitcoin, but if only a few countries go to war, I don't think the effect on Bitcoin's development will be significant, unlike Covid which is happening almost all over the world, this also seems to be there is no significant effect, considering that everyone can do it just at home, and the internet and electricity networks are not constrained
sr. member
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November 24, 2023, 05:07:27 PM
#56
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When the pandemic first appeared and went viral, Bitcoin experienced a decline, but if we look at the graph, Bitcoin also experienced an increase and even headed towards ATH during the pandemic and lockdown at that time. In my opinion, Bitcoin is able to survive in any conditions, even war.
If anything, I think Bitcoin did fantastically well around the COVID-19 era if we had to draw a comparison of it with the entire global financial situation then. Yes, the fact that it went all up and did an unbelievable ATH of $68k+ in 2021 as against its 2017 ATH is  evidence that Bitcoin is a phoenix, rising from such death. From my observation, nothing seems to make Bitcoin remain down once its period for the bull rally is at hand. It's the same thing we face currently, even with the news from Binance of the money laundering charges against its CEO, CZ, nothing seems to have unfazed Bitcoin. Today, price went up again and it's currently at $37,700+, having done around $400 in addition since news broke of his arrest two days ago. Such news is capable of dipping Bitcoin if it were released wrongly or during a bear market.

Well this is very correct. Yes, however, the current market situation also plays an important role in determining price stability. We know how sensitive Bitcoin prices are to major news or events that are currently occurring. If the news is bad there will be a decline in prices, but in bullish conditions sometimes prices show volatility and then rise again. And this is the same as what Bitcoin is currently experiencing, which finally rose to a price of $38K.
Returning to the topic, regarding the Palestine vs Israel war, it certainly provides an opportunity for Bitcoin to rise. Why is that? First, it is clear about the Bitcoin circle itself, Bitcoin has entered a bullish phase and will face a halving, of course there will be some positive sentiment and fomo related to this. . Secondly, Bitcoin as a safe haven asset has a very big influence, because in a situation of uncertainty due to war which directly impacts several parties and countries which are starting to abandon stocks and economic instability are starting to turn to safe haven assets such as gold, silver, oil and even bitcoin.
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November 24, 2023, 12:01:53 PM
#55
Bitcoin is not a stock market as it is not issued by any companies. This is an asset that can be traded in the open market like gold and silver which can not be done with a stock.

Yes that's right. BTC is not like shares that can be controlled by a company, even the economic crisis does not affect the price of BTC, this can be proven when Covid 19 several years ago did not make the price of BTC go down, in fact at that time the price of BTC was increasing. This is also the same as the war that is happening now in several countries, whether between Russia and Ukraine or between Israel and Palestine, even Bitcoin continues to increase from $25k to $38k. This proves that under no circumstances will it affect the price of BTC.

Quote
Bitcoin can be used for funding wars, and this is actually a positive thing for bitcoin. Same this can be done with gold and silver too as someone can donate 1 ton of gold or silver to a war effort. What do you say about it? All these are available in the open market and there isn't much of a war effect on any of these assets.

This is very true. I've read several articles but I forgot the link to the article, it says that donors during war will definitely use transactions through BTC, because when a war occurs, many banks are closed or suspended, so BTC is an alternative. I'm also confused about whether this is positive or negative that BTC is used for war costs.
legendary
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November 24, 2023, 08:23:06 AM
#54
~
When the pandemic first appeared and went viral, Bitcoin experienced a decline, but if we look at the graph, Bitcoin also experienced an increase and even headed towards ATH during the pandemic and lockdown at that time. In my opinion, Bitcoin is able to survive in any conditions, even war.
If anything, I think Bitcoin did fantastically well around the COVID-19 era if we had to draw a comparison of it with the entire global financial situation then. Yes, the fact that it went all up and did an unbelievable ATH of $68k+ in 2021 as against its 2017 ATH is  evidence that Bitcoin is a phoenix, rising from such death. From my observation, nothing seems to make Bitcoin remain down once its period for the bull rally is at hand. It's the same thing we face currently, even with the news from Binance of the money laundering charges against its CEO, CZ, nothing seems to have unfazed Bitcoin. Today, price went up again and it's currently at $37,700+, having done around $400 in addition since news broke of his arrest two days ago. Such news is capable of dipping Bitcoin if it were released wrongly or during a bear market.
sr. member
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November 22, 2023, 11:43:00 AM
#53
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.

Of course, external influences on Bitcoin are huge. It often crashes in the event of a war or epidemic, but the Israeli-Palestinian war has not yet had a significant impact on it.I think the risks of this war becoming more widespread are low and will not cause a crash for Bitcoin. This issue cannot be completely ignored, but if this war had any significant impact, Bitcoin would have crashed by now, but despite this, the price of Bitcoin is seeing an increase.

The main reason for this is that the countries of the rest of the world are not having much influence on this war .Instead of calling it a global tragedy, efforts are being made to ignore it.If Palestine was replaced by a strong country that could compete with Israel in a war, then Bitcoin would have more impact, but now it is a one-sided war, so Bitcoin does not feel threatened.
hero member
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November 22, 2023, 09:43:23 AM
#52
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.
sr. member
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November 22, 2023, 09:07:27 AM
#51
This situation won't any way affect crypto, bitcoin has very much influence, thinking that a war between two countries will affect crypto, is not right, this doesn't pose any threat to Bitcoin, I think bitcoin has already gained ground, and I must state it specifically that for now people want peace no country wants to join that war, even though they do, so many interesting news is coming in daily, people are being to embrace his currency a bit by bit, didn't fail to forget that inflation is dealing with many nations now, the current alternative is bitcoin whose value is higher that any other currency, so belittling bitcoin or crypto in general to that extent is not acceptable, is bitcoin for only those countries, if the answer is no, I think we should think the way forward.
hero member
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November 21, 2023, 04:31:08 PM
#50
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.
We should not panic when their war in some of the countries, because cryptocurrency and especially bitcoin is not a currency of a particular country, its a worldwide currency in which I know quite well that the war of Israel and palaestine can not caused the market of cryptocurrency to be affected, their is countries that the crisis in the country can make the price of cryptocurrency or bitcoin in particular to destabilise, at least we have to understand that the price of bitcoin can't not be regulated of a crisis between a two countries.
full member
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November 21, 2023, 12:43:54 PM
#49
Bitcoin is not a stock market as it is not issued by any companies. This is an asset that can be traded in the open market like gold and silver which can not be done with a stock. Bitcoin can be used for funding wars, and this is actually a positive thing for bitcoin. Same this can be done with gold and silver too as someone can donate 1 ton of gold or silver to a war effort. What do you say about it? All these are available in the open market and there isn't much of a war effect on any of these assets.

Wars affect financially and mentally, especially if the person is caught in the middle.

What is affected however is the lives and the prices of everything since the gas prices are also rocketing which in effect some Bitcoin holders are shaken out and sell.
With the war in Ukraine, I bet the Bitcoin holders in that country are already under 6 feet due to the conscription. The Palestinian Bitcoin holders probably are also selling already just so they can buy a bottle of water.

It is true that it is good that you have something in hand that can be traded even in wartime. We all know how a country's fiat currencies lose their value if that country is in the middle of a war. Holding bitcoin at a time like this can help people exchange their bitcoin for goods and services even in places like those. For those who want to use bitcoin only to store wealth this can be disheartening for them to sell their bitcoin but if your wealth is of no use in a emergency situation what is the point of having them.
hero member
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November 21, 2023, 10:52:05 AM
#48
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.
OP, you got this all wrong but it is good that you have asked. I hope you have read through the responses and have a correct perspective now. Let me just point this out for the sake of clarity during the coronavirus the stock market crash. And in fact, bitcoin was a safe haven for many people, that was the point when the price soared.
Lastly, just as a way of reminder or repetition, the stock market is not different from the crypto market.
hero member
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November 21, 2023, 10:24:14 AM
#47
Bitcoin is not a stock market as it is not issued by any companies. This is an asset that can be traded in the open market like gold and silver which can not be done with a stock. Bitcoin can be used for funding wars, and this is actually a positive thing for bitcoin. Same this can be done with gold and silver too as someone can donate 1 ton of gold or silver to a war effort. What do you say about it? All these are available in the open market and there isn't much of a war effect on any of these assets.

Wars affect financially and mentally, especially if the person is caught in the middle.

What is affected however is the lives and the prices of everything since the gas prices are also rocketing which in effect some Bitcoin holders are shaken out and sell.
With the war in Ukraine, I bet the Bitcoin holders in that country are already under 6 feet due to the conscription. The Palestinian Bitcoin holders probably are also selling already just so they can buy a bottle of water.
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November 21, 2023, 10:02:22 AM
#46
Bitcoin is not a stock market as it is not issued by any companies. This is an asset that can be traded in the open market like gold and silver which can not be done with a stock. Bitcoin can be used for funding wars, and this is actually a positive thing for bitcoin. Same this can be done with gold and silver too as someone can donate 1 ton of gold or silver to a war effort. What do you say about it? All these are available in the open market and there isn't much of a war effect on any of these assets.
full member
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November 21, 2023, 12:23:31 AM
#45
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 read an article some time ago that explained the efforts of intelligence agencies that cut off terrorist funding through blockchain because Hamas campaigned through social media for their funding using crypto. however, the current conflict, especially the war in gaza, does not show significant fluctuations in the crypto market.
try reading the following article
Is Israel-Hamas conflict impacting the cryptocurrency market? Here is what investors must know
sr. member
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November 20, 2023, 11:48:20 PM
#44
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.
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November 20, 2023, 08:19:55 PM
#43

Bitcoin has nothing to do with World War. If we talk about the war in Ukraine or Russia, the war between Ukraine and Russia has been going on for a long time. The Ukraine Russia war is still going on. I don't think it has any effect on Bitcoin. That's because if we look at the Bitcoin market, we can understand that the Bitcoin market is getting faster as the days go by. If we are coming to the end in 2023 so far the bitcoin market is urdu pace so hopefully 2024 may be good for bitcoin. So I think 2024 may be the year bitcoin price will increase.

The war that is being organized between Ukraine and Russia, although Bitcoin has naturally suffered, but economically the whole world is under pressure. Because the economy is the most suffering in the global market, different countries. But bitcoin suffered in part because Russia has a large number of bitcoin holders who are regular investors in the bitcoin market. They have been under a lot of pressure during wartime which is why the Bitcoin market is also under some pressure globally.  Bitcoin price is expected to halve in 2024 so surely Bitcoin price will increase in 2024. Investing in the present as soon as possible should be done for the long term.
legendary
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November 20, 2023, 05:28:52 PM
#42
Crypto is a stock market and also it can be affected by some wars and pandemic like situations.
Crypto is not stock market

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 affect bitcoin price but it is not all wars per say. The Israel and Gaza has no negative effects on bitcoin price. It is even at the middle of the war that bitcoin moved from the region of 20k to 30k.
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November 20, 2023, 05:20:17 PM
#41
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.

Where did you get the information that crypto is a stock market? Don't you know that the stock market is regulated by government agencies like the SEC, while Bitcoin or cryptocurrency is unregulated? And the stock market is a centralized-based system, while cryptocurrency is decentralized, while other cryptos are centralized.

Then there is no connection to the war in Bitcoin either; as long as there is a movement in the price of the dollar, there will for sure be an opposite motion in Bitcoin in the market. For sure, they will always be welcomed if they move in the market.
legendary
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November 20, 2023, 08:44:19 AM
#40
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.
And even though we say they are subject to that, both items are still not the same. Because, a stock is from a company, like for example apple stocks. While cryptos are only a currency that can possibly created by a single individual only. Anyway, many cryptos right now are actually regulated and then the platforms related to them like exchanges are as well regulated.

Being regulated might affect their value but there are still other factors that affects it as well. There are some wars before where BTC is affected. But to our surprise, some of them had only bring a positive effect to it. Still, it does not mean that we are wishing for more wars to come.
hero member
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November 18, 2023, 09:29:35 AM
#39
Not that fast for sure it has been happening for some time now and it has hardly had an impact, while the pandemic was leading to gross downtrends in all markets, I made very cheap stock buys during that time which have rebounded back to massive profits today. That was a time for bitcoin to crash as well, but as far as I recall, it did not get affected much. Rather negative news of exchanges and hacks impacted it more deeply.
Short term, everything can happen and if other markets crashed with a pandemic announcement of WHO, Bitcoin market did have a crash is normal with me. I would feel more happy if Bitcoin market can be totally different than other markets but if it can not do it, like it actually reacted with the pandemic announcement, I see it's just fine.

The bottom line is after that shock and crash, Bitcoin market is a strongest since 2020 if I am not missing better performances from other markets. Are there other markets better than Bitcoin market since 2020?

In the Genesis block, Satoshi Nakamoto embedded a Coinbase message.
Code:
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks


Long term, Bitcoin has its show as Satoshi Nakamoto wanted.

I can not find any other asset that performs better than Bitcoin in ROI.
https://casebitcoin.com/charts
legendary
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November 18, 2023, 09:08:28 AM
#38
Totally unrelated and for some reason it may have an effect to the market especially to the nations in concern. COVID-19 was way more global compare to the war happening now at Gaza, I don't think there will be a crash in the market because it will spread in the Middle East, not that fast I guess.
Not that fast for sure it has been happening for some time now and it has hardly had an impact, while the pandemic was leading to gross downtrends in all markets, I made very cheap stock buys during that time which have rebounded back to massive profits today. That was a time for bitcoin to crash as well, but as far as I recall, it did not get affected much. Rather negative news of exchanges and hacks impacted it more deeply.

I still dont understand the context of "War Crimes" here and why the OP included that in the thread title. Even then just like Russia-Ukraine war I dont think this one will impact much, but only time can tell.
hero member
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November 18, 2023, 03:57:55 AM
#37
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.
Totally unrelated and for some reason it may have an effect to the market especially to the nations in concern. COVID-19 was way more global compare to the war happening now at Gaza, I don't think there will be a crash in the market because it will spread in the Middle East, not that fast I guess.
legendary
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November 18, 2023, 03:47:22 AM
#36
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.

Bro, Huh first of all, Crypto is not the stock market, secondly, your view is completely opposing my stand on it, if such a scenario of war happens the entire crypto market with Bitcoin will crash freely and for the Altcoins it will be a disaster because Bitcoiner and Visionary crypto market investors will directly take their stand with Bitcoin by accumulating it as a last safe resort for their investment.

Some of the investors may take the exit in fud, global peace is the first pre-requisites for the global adoption of the crypto market. In such a crisis, every risk investment market freely falls. I'm not sure why currently crypto market is standing so bullish even with such a war crisis, it can be possibly due to the ETF's approval hype.
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November 18, 2023, 01:15:24 AM
#35
Yes, cryptocurrencies can be affected by some wars and situations similar to epidemics, but they are not a stock market as most of the members mentioned above, so you have to correct your concept.

I see that the war between Hamas and Israel did not have any impact on the crypto market. If there had been an impact of this war, we should have seen Bitcoin fall, but we see the exact opposite, as Bitcoin began to rise well since that time.

The reason, in my opinion, is that this war is limited and regional, but if it expands and the war spreads to other countries and the major powers participate in the conflict, then we will certainly witness a negative impact of this war on global markets in general, including the Bitcoin market.
I mean why would it? That was the weirdest type of prediction to me, imagine if ALL of Israel and Palestine started to fight each other, not even a single person left, all vs all situation even in that situation there is no reason why bitcoin price must drop, why would it?

I get that something terrible is going on there, I am sure that innocent people are dying from both sides, and I know that the whole world wants everyone to stop killing each other from north at Ukraine to south at Palestine, we all want peace in our world, wherever it is. But just because we are unhappy about the situation, doesn't mean that we need to end up with a situation where we are going to end up dropping down a ton and have a situation there.
sr. member
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November 17, 2023, 01:46:00 PM
#34
My take on a global crisis pertaining Bitcoin is that whatever the situation would be, there is highily investors it would favour. The systematic program of Bitcoin volatility is a varieties to favour its investors in a random hovering.
If a regional crisis tends to deflate the Bitcoin industry, it is definitely paving ways those who needed to Invest with a projected minimal amount and most especially... Those who failed to invest when the Bitcoin markets valued was at $0.09 to the values rate that got the industry lucratively excited to take advantage in such period of time.
Wars doesn't come to stay, surely it would come to an end somedays so there is no need panicking about wars affecting Bitcoin market.
I am also waiting for a highily deflation in the Bitcoin markets so I can take chances and pump my trading wallet account but though doesn't expect it to come from war because lives matters.
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November 17, 2023, 12:00:36 PM
#33
Crypto market and stock markets are completely different mate. They have some similarities, but very much different in many aspects. This war will do leave some impact on the economy, hence these markets can suffer a bit. But it’s been few days since the war has continued and till now we haven’t seen any great impact on the market. But yes wars do affect many people, so in that manner the markets might go down slightly. Let’s hope for the best.
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November 17, 2023, 11:16:59 AM
#32
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.
Crypto is not a safe haven at all so for sure it will be affected especially if there's a war where the economy of a country will surely be affected.
We don't want bad things to happen to any country, unfortunately there's a lot of greedy people who wants to control other people and the result is misunderstanding and a war. The next possible reason for a big dump of crypto market will be the WWIII, so let's pray for a world peace and pray for a more livable country that are open to every opportunities.
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November 17, 2023, 11:02:41 AM
#31
According to my opinion the price of bitcoin is not much effected by any pandemic issue because as we have saw the corona pandemic when spreading all around the world then there was no adverse effects happened to bitcoin. Same is with the case of war that war has no adverse effect on Bitcoin's worth as currently there is a war between Israel and Palestine but if we see towards the price of bitcoin then price is going to increase rather than any decline.

The price of materials which we are using for energy are related with such situations and get worse after pandemic and war but I don't think that there will be any effect on Bitcoin's price. There is an adverse effect or war and pandemic on the whole world because every country is depended on others for some materials which become higher in price but bitcoin is a digital currency which did not show any decrease in price.
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November 17, 2023, 10:48:30 AM
#30
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.
Bitcoin has nothing to do with World War. If we talk about the war in Ukraine or Russia, the war between Ukraine and Russia has been going on for a long time. The Ukraine Russia war is still going on. I don't think it has any effect on Bitcoin. That's because if we look at the Bitcoin market, we can understand that the Bitcoin market is getting faster as the days go by. If we are coming to the end in 2023 so far the bitcoin market is urdu pace so hopefully 2024 may be good for bitcoin. So I think 2024 may be the year bitcoin price will increase.
legendary
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November 17, 2023, 09:37:35 AM
#29
What are your thoughts?
I just think that Bitcoin or the crypto market has a lot of impact on things related to the situation of the country and society, whether it's war, Covid and so on, The Bitcoin trading method is generally carried out by the public, so if the public is in a riot, of course there will definitely be a negative effect on crypto.

War is a bad situation for society, plus the majority of countries at war use Bitcoin and many are involved in trading on the crypto market, of course that is a bad thing that can be felt in general, The pandemic situation is different from war.
On the one hand, the pandemic generally means that people can still use the internet and are safe in online activities, whereas war is not, all sectors are paralyzed, the development of Bitcoin also has a negative impact on the phenomenon of war.
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November 17, 2023, 09:24:13 AM
#28
Crypto is a stock market and also it can be affected by some wars and pandemic like situations.
Crypto is a "Speculative" market and stocks belong the same class too. But crypto and stocks are not the same. All speculative markets are affected by ongoing global events big enough to impact the economy, like a pandemic, a disaster, an ongoing war etc.
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?
A lot of bad things can happen but we can only speculate. Its a questions of ifs and buts.

Quote
I think that could be the reason of crash.
You cant pinpoint a single reason for a single movement, that would be an oversimplification. At present the market is bullish. If you are betting on short, then good luck to when that happens.

What does War Crimes have to do with this? and why did you put that in the OP title? Roll Eyes
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November 17, 2023, 12:04:19 AM
#27
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.

Highly doubt this is possible since Bitcoin is not directly involved on both country in war. Also there’s still ongoing war between Ukraine and Russia yet Bitcoin price is rallying now like there’s no war happening.

Israel Palestine war is already ongoing for a long time even before this recent tension yet Bitcoin is not affected on this kind event. I believe global economy crisis can be catalyst on a scenario that you are thinking but we all know that Bitcoin bounce back no matter what happened so who cares about the effect of war.
My mean this war is spreading to whole middle east as I think as Iran, Turkey and other countries might join and it might effect cause they are oil producing countries as maybe we might stuck into crash as forex might drop and Bitcoin might also drop.
legendary
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November 16, 2023, 11:28:52 PM
#26
Yes, cryptocurrencies can be affected by some wars and situations similar to epidemics, but they are not a stock market as most of the members mentioned above, so you have to correct your concept.

I see that the war between Hamas and Israel did not have any impact on the crypto market. If there had been an impact of this war, we should have seen Bitcoin fall, but we see the exact opposite, as Bitcoin began to rise well since that time.

The reason, in my opinion, is that this war is limited and regional, but if it expands and the war spreads to other countries and the major powers participate in the conflict, then we will certainly witness a negative impact of this war on global markets in general, including the Bitcoin market.
sr. member
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November 16, 2023, 09:59:58 PM
#25
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.
That's to be decided, we will never know if bitcoin will be used to buy weapons secretly because that's how a lot of arms dealer or country do their work when it comes to not causing any problem for them but still doing business with those country and bitcoin is in the right position for them to utilize it's pseudonymity. Their only problem now would be how to launder that money so there's really no way that those weapons that they've sold won't be traced to them. If worst comes to worst then I am sure that bitcoin will be a token used in war and there's nothing we can do about it, we just have to bear the burden that there are evil uses for bitcoin while at the same time enjoying the profits of the bitcoin that we're hodling.
I don't think that the ongoing war crimes between Gaza and Israel have an impact on the Bitcoin trend like you think. The crypto market is influenced by a myriad of factors, and predicting its movements can be challenging. We really don't know if geopolitical tensions can contribute to market fluctuations if can they are just one piece of the puzzle. I think it could affect the global financial markets if this conflict escalates and spreads. It will depend on how investors perceive its role in times of crisis.
Just like how the world events can move the stock markets and the global markets, I am sure that bitcoin isn't immune to the influence of that stuff especially with more people that are using bitcoin as the years go by, it is inevitable that with more people knowing about bitcoin, the more people there are that will use it for evil purposes like in this theory of mine that they will use bitcoin to secretly pay for weapons that will be sold to the both sides secretly.
hero member
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November 16, 2023, 09:23:59 PM
#24
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 don't think that the ongoing war crimes between Gaza and Israel have an impact on the Bitcoin trend like you think. The crypto market is influenced by a myriad of factors, and predicting its movements can be challenging. We really don't know if geopolitical tensions can contribute to market fluctuations if can they are just one piece of the puzzle. I think it could affect the global financial markets if this conflict escalates and spreads. It will depend on how investors perceive its role in times of crisis.
legendary
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November 16, 2023, 08:08:56 PM
#23
A similar thing could happen during a war, war will stop fiat financial facilities and it will be difficult for us to access our money in banks. It is possible that they will choose Bitcoin again because it is safer and cannot be frozen
It will also depend on the scale of the war. Unless it is catastrophic, I believe any price movement would be localized in the local market. And if there is infrastructure failure, it could also affect Bitcoin unless most users don't rely on the internet to make transactions. Not to mention liquidating their existing coins will become difficult too. I wouldn't be surprised if some people decide to trade their coins below the market price to get daily necessities.

Unfortunately, the media will always paint Bitcoin or crypto as this terrorist financial source that if removed will kill the group completely. This might also affect Bitcoin or crypto prices if the propaganda is really strong, although that doesn't seem to be the case right now as far as I can see.
full member
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November 16, 2023, 06:45:58 PM
#22
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.

As far as I know, the coronavirus pandemic made bitcoin prices touch a new ATH. This happens because people do not believe in the fiat system during the pandemic and prefer bitcoin. A similar thing could happen during a war, war will stop fiat financial facilities and it will be difficult for us to access our money in banks. It is possible that they will choose Bitcoin again because it is safer and cannot be frozen
sr. member
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November 16, 2023, 06:05:30 PM
#21
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.

When the pandemic first appeared and went viral, Bitcoin experienced a decline, but if we look at the graph, Bitcoin also experienced an increase and even headed towards ATH during the pandemic and lockdown at that time. In my opinion, Bitcoin is able to survive in any conditions, even war.

War causes panic in the market, it is clear and natural, this has a hard impact on stocks. However, there were several special areas that increased during the war, such as oil, gas, silver, and even the safe-have asset gold. It should be remembered that Bitcoin is also a safe haven asset called digital gold. From here OP should already know and understand where Bitcoin is going.
hero member
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November 16, 2023, 10:45:07 AM
#20
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.

Highly doubt this is possible since Bitcoin is not directly involved on both country in war. Also there’s still ongoing war between Ukraine and Russia yet Bitcoin price is rallying now like there’s no war happening.

Israel Palestine war is already ongoing for a long time even before this recent tension yet Bitcoin is not affected on this kind event. I believe global economy crisis can be catalyst on a scenario that you are thinking but we all know that Bitcoin bounce back no matter what happened so who cares about the effect of war.
legendary
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November 16, 2023, 10:39:00 AM
#19
People think that before bitcoin there were no illegal transactions of money? I mean if that's what they really believe in, that would be very funny, I think people should read up on money laundering history, hell one of the biggest mob bosses in the entire world got jailed just because he didn't pay his taxes, so believe me when I say this; bitcoin is just another way but they have been doing this forever.

I understand that life is not that simple and you want to see less innocent people pass away due to war so the intention is good but bitcoin has nothing to do with that. Maybe it has made that easier too, just like it made everything else easier, but just because it made it easier doesn't mean it started the whole thing.
hero member
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November 16, 2023, 10:03:14 AM
#18
Crypto is not a stock market. Indeed, crypto is currently influenced by various kinds of news circulating. However, it will not cause the crypto market to crash because there are still many exchanges operating, and there are still many people who want to invest in crypto, especially Bitcoin.

War crimes have nothing to do with Bitcoin unless they use Bitcoin to buy tools of war. But no one knows if they did. Bitcoin stands alone and is not controlled by anyone. At a time when the corona virus is still attacking many countries, Bitcoin gives hope to those who save Bitcoin so that they can still get profits in the form of fiat. They can use this fiat to survive until now.

The war in Palestine could spread to other countries. But if Bitcoin can still survive because of the internet, we can still use it to gain profits in the form of fiat. We can also use this fiat, just like when we were in a pandemic.
hero member
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November 16, 2023, 09:42:08 AM
#17
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.
sr. member
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November 16, 2023, 09:35:35 AM
#16
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.
hero member
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dont be greedy
November 16, 2023, 09:28:39 AM
#15
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.
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.
legendary
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November 16, 2023, 07:51:02 AM
#14
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.
hero member
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November 16, 2023, 07:10:41 AM
#13
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.
hero member
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November 16, 2023, 07:09:22 AM
#12
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.

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.
hero member
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November 16, 2023, 06:59:45 AM
#11
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.

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.
copper member
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November 16, 2023, 06:30:20 AM
#10
Crypto is a stock market
It's a crypto market, not stock market

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.
hero member
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November 16, 2023, 05:35:47 AM
#9
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.
hero member
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November 16, 2023, 03:53:36 AM
#8
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.
hero member
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November 16, 2023, 02:36:26 AM
#7
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.
hero member
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November 16, 2023, 02:18:21 AM
#6
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.
legendary
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November 16, 2023, 02:07:45 AM
#5
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.
sr. member
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November 16, 2023, 12:45:31 AM
#4
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.
hero member
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November 15, 2023, 10:47:38 PM
#3
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
legendary
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November 15, 2023, 10:40:20 PM
#2
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.
member
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November 15, 2023, 10:01:20 PM
#1
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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