Bitcoin will be main currency during WW III, and back to $20k ?

kateycoin

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Quote from: ashmodeus on January 03, 2020, 11:22:05 PM

i just have speculation , why btc is have a high prices on IRAN area its because they need alternative money.
and so far , world just know bitcoin is the best choice for it, that why price soo high there.
so what happen if WW III happened ?
of course bitcoin is nothing, since all of mining farm will be destroyed, no more internet, no more altcoins.

Exactly because in that kind of moment no one can control of anything, how we can use our cryptocurrency if because of war distroy our places. Hopefully WW III will not happen so all of us have peaceful life.,but of course no one can tell what happen in the future so as of now that we can use our cryptocurrency grab the opportunities as you can.

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Quote from: kro55 on January 25, 2020, 02:18:17 AM

Things are back on track and all predictions mentioned by OP went wrong, as neither we have WW nor bitcoin went to 20k$. If bitcoin has to come to mainstream payment scenario then there is only one way for that and that is increase the adoption rate.

Exactly. Adoption is the one and only thing that will make Bitcoin greater than it is right now. Whatever rise of the price of Bitcoin due to some violent events around the world and the possibility of huge wars and other chaotic developments should not be appreciated. Its growth due to people having no or very few other options to turn to except Bitcoin does not mean Bitcoin is really great. It could only mean Bitcoin is a safe option against fiat but if only there is something else other than Bitcoin it would not be an option.

el kaka22

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Why don't we stop with all of these absurd and exaggerated ideas and focus on what we have for real? There is no world war three going on and there will never be a world war three anymore, we are not living 80 years ago where people would basically pick up guns and go to another nation and fight, that hasn't been a thing for a long time.

Even in 2003 which is literally 17 years ago (wow we are getting old) USA basically bombed every single important place in Iraq and only after they were sure there was not many people left collectively they sent out soldiers there, sure there was some fights going on however it was basically guerrilla warfare by Iraq and not a nation vs nation war going on there, 100k+ dead Iraqians vs just 4k dead of USA (and they kept on making movies about how killing all those Iraqis made them feel bad... typical Americans). So long story short if there is ever a war in today's age, it will be with rockets and bombs, that will be super quick and wouldn't escalate into a world war at all.

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Things are back on track and all predictions mentioned by OP went wrong, as neither we have WW nor bitcoin went to 20k$. If bitcoin has to come to mainstream payment scenario then there is only one way for that and that is increase the adoption rate.

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Quote from: irsykes on January 25, 2020, 12:02:50 AM

Quote from: Images21 on January 24, 2020, 11:12:15 PM

Quote from: 1Referee on January 24, 2020, 05:46:12 AM

Quote from: Images21 on January 24, 2020, 04:20:33 AM

And even with that war going full-blown, are we even certain the price of Bitcoin will rise? We are not.

People hoping for wars and recessions to see Bitcoin's price go up are retarded. We have a decade of history telling us that Bitcoin thrives extremely well when the regular markets thrive well, so why hope for doom scenarios to play out? I'm pretty sure that most of the people hoping for doom scenarios to play out own like 0.1BTC and hope it goes up x1000...... Roll Eyes

They may be. Grin

What is even funnier is that they think the price of Bitcoin will increase. And in what terms? Still in terms of fiat. Funny people. If their 0.1BTC will go up x1000 in times of war, is that 0.1 BTC x 1000? Nope. It is still 0.1 BTC only x1000 in terms of USD. And what if in that war USD is already losing much of its value or even dead? 0.1 BTC will still remain 0.1 BTC. Grin

There are too much thing to be think first and if WW happened, i think to access bitcoin is something that hard to do by people. World war is not simple things and not a funny thing to make advantage from because it can affect to us too.

What stated by op is totally a helarious thing about world war, and we don't know what's going to happen if the powerful countries will be clashing. Did he think the effect of war or not? Its not what we see in the movies, but the reality behind the actual situation if you try to visualize. Money isn't important in times of war, you can't use your money even if bitcoin was virtualized currency I guess during war we can't use internet because every facilities will shutdown.

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Quote from: Images21 on January 24, 2020, 11:12:15 PM

Quote from: 1Referee on January 24, 2020, 05:46:12 AM

Quote from: Images21 on January 24, 2020, 04:20:33 AM

And even with that war going full-blown, are we even certain the price of Bitcoin will rise? We are not.

People hoping for wars and recessions to see Bitcoin's price go up are retarded. We have a decade of history telling us that Bitcoin thrives extremely well when the regular markets thrive well, so why hope for doom scenarios to play out? I'm pretty sure that most of the people hoping for doom scenarios to play out own like 0.1BTC and hope it goes up x1000...... Roll Eyes

They may be. Grin

What is even funnier is that they think the price of Bitcoin will increase. And in what terms? Still in terms of fiat. Funny people. If their 0.1BTC will go up x1000 in times of war, is that 0.1 BTC x 1000? Nope. It is still 0.1 BTC only x1000 in terms of USD. And what if in that war USD is already losing much of its value or even dead? 0.1 BTC will still remain 0.1 BTC. Grin

There are too much thing to be think first and if WW happened, i think to access bitcoin is something that hard to do by people. World war is not simple things and not a funny thing to make advantage from because it can affect to us too.

Images21

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Quote from: 1Referee on January 24, 2020, 05:46:12 AM

Quote from: Images21 on January 24, 2020, 04:20:33 AM

And even with that war going full-blown, are we even certain the price of Bitcoin will rise? We are not.

People hoping for wars and recessions to see Bitcoin's price go up are retarded. We have a decade of history telling us that Bitcoin thrives extremely well when the regular markets thrive well, so why hope for doom scenarios to play out? I'm pretty sure that most of the people hoping for doom scenarios to play out own like 0.1BTC and hope it goes up x1000...... Roll Eyes

They may be. Grin

What is even funnier is that they think the price of Bitcoin will increase. And in what terms? Still in terms of fiat. Funny people. If their 0.1BTC will go up x1000 in times of war, is that 0.1 BTC x 1000? Nope. It is still 0.1 BTC only x1000 in terms of USD. And what if in that war USD is already losing much of its value or even dead? 0.1 BTC will still remain 0.1 BTC. Grin

Wexlike

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Quote from: Aying on January 24, 2020, 06:46:50 AM

If WWIII happen, I think no currency will be main because we know bitcoin need internet to be useful and the country affected by war has no more uses in any different kind of currency so the not affected area will be benefit on the war happens. so basically, bitcoin will be main in other country that support cryptocurrency uses and they will benefit on this battle happens not the affected country.

Thinking that the internet will stop working during a world war is delusional. I don't believe there will ever be a large scale country world war, like we experienced it through WW1 and WW2, however we will have several proxy wars fought by para military units and groups, who are supported by a specific country without wearing their banners.

Society is exhausted of wars and no human would support or go to war by him/herself. And I truly hope that small scale countrys start to adopt a little bit in crypto currencies so we truly have some kind of escape area when the big governments (europa / usa) start to go after our money after the next halving.

Aying

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If WWIII happen, I think no currency will be main because we know bitcoin need internet to be useful and the country affected by war has no more uses in any different kind of currency so the not affected area will be benefit on the war happens. so basically, bitcoin will be main in other country that support cryptocurrency uses and they will benefit on this battle happens not the affected country.

1Referee

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Quote from: Images21 on January 24, 2020, 04:20:33 AM

And even with that war going full-blown, are we even certain the price of Bitcoin will rise? We are not.

People hoping for wars and recessions to see Bitcoin's price go up are retarded. We have a decade of history telling us that Bitcoin thrives extremely well when the regular markets thrive well, so why hope for doom scenarios to play out? I'm pretty sure that most of the people hoping for doom scenarios to play out own like 0.1BTC and hope it goes up x1000...... Roll Eyes

People are far gone. Bitcoin's price will be sold down so hard during a recession that people wish they just held on to their 'scam' fiat monnies. Nobody wants to hold a bag of a risk-on asset that has done multiple 80-90% crashes with thriving legacy markets. I certainly don't want to be left holding a super-mega-heavy bag during an actual recession.

Russlenat

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Bitcoin will certainly boom because people knows what to do to safeguard their money.

The fact that bitcoin is accepted in almost all part of the world, that would make people wants to own it in case their currency will inflate or not anymore usable. Good thing crypto or bitcoin was invented, it gives security for people who are living in a world where economy has a problem or will face a possible problem.

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Quote from: gabbie2010 on January 24, 2020, 12:53:27 AM

Quote from: Images21 on January 23, 2020, 11:30:44 PM

Shall we go back to this topic? I think we are already done with this talks of WW III. There is no such thing coming in the next few decades at least. Don't worry about that $20k price of Bitcoin, we will get that with or without WW III.

The tension that had been brewing between USA and Iran had been doused, I was scared during the crisis my fear was that the crisis might escalate into full blown war WWW III while some bitcoin enthusiasts are after how it price is going to pump to 20K not minding the lost of lives and wanton destruction of properties as a result of the war.

Because some people are unnecessarily desperate for Bitcoin to rise quickly. Why can't they wait? We will get there sooner or later.

And I don't think it is the only for Bitcoin to rise; the wars that are more costly than beneficial. And even with that war going full-blown, are we even certain the price of Bitcoin will rise? We are not.

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Quote from: BigBos on January 24, 2020, 02:01:14 AM

Quote from: Duzter on January 23, 2020, 11:25:04 PM

No more war is necessary, right now peace prevails everywhere. To overcome economic issues US tries to take control of Iran. There is nothing as war, and bitcoin isn't gonna make any progress out of wars. Bitcoin will get back to $20k+ value on its own when the market is supportive. In recent days more countries have got into inflation. This has caused more people to get into bitcoin to safeguard the earnings.

I also believe that the potential of bitcoin can reach the price of $ 20k due to its own development, not from war. but, the thing to think about is, if things get worse, and unwanted things happen, bitcoin will be the main choice in transactions and also save assets, it will trigger an increase in price. I don't expect war will happen, but if it does, the most useful transaction tool is bitcoin.

when news of the war yesterday, Bitcoin had experienced an increase, I do not know for sure whether the increase was from the war between Iraq and the United States or indeed Bitcoin is time to wake up, indeed everyone certainly does not want war, it is terrible if it happens

Just because of hype but suddenly it subside instantly when people now that those news are not true and I believe there are so many people got trap for that time since suddenly the price got dump when I think correction hit in the market. But let's not see this thing as indicator and hope war will not happen to any country since it's totally bad for overall economy.

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Quote from: rodskee on January 24, 2020, 03:17:03 AM

the issue died now and there are no news about that so called WordWarIII again(or maybe just in our local media because its been weeks now that i am not seeing any update from Iran's retaliation)
but talking about the POint of Bitcoin reaching $20,000 again just because of being main currency in war?well bitcoin can surpassed that amount even without war so lets not exaggerate things specially when talking about negative issues.

Both countries decide to not continue the war that's why it's no use for the war topic to discuss now since this scenario won't happen anymore and even if there's no demand from wars or whataver chaos still we can provably see the potential for Bitcoin to reach for $20k since we experience that already and might we gonna surpass that level if the demand will grow and globalization will spread more.

rodskee

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the issue died now and there are no news about that so called WordWarIII again(or maybe just in our local media because its been weeks now that i am not seeing any update from Iran's retaliation)
but talking about the POint of Bitcoin reaching $20,000 again just because of being main currency in war?well bitcoin can surpassed that amount even without war so lets not exaggerate things specially when talking about negative issues.

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Quote from: Duzter on January 23, 2020, 11:25:04 PM

No more war is necessary, right now peace prevails everywhere. To overcome economic issues US tries to take control of Iran. There is nothing as war, and bitcoin isn't gonna make any progress out of wars. Bitcoin will get back to $20k+ value on its own when the market is supportive. In recent days more countries have got into inflation. This has caused more people to get into bitcoin to safeguard the earnings.

I also believe that the potential of bitcoin can reach the price of $ 20k due to its own development, not from war. but, the thing to think about is, if things get worse, and unwanted things happen, bitcoin will be the main choice in transactions and also save assets, it will trigger an increase in price. I don't expect war will happen, but if it does, the most useful transaction tool is bitcoin.

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Quote from: Images21 on January 23, 2020, 11:30:44 PM

Shall we go back to this topic? I think we are already done with this talks of WW III. There is no such thing coming in the next few decades at least. Don't worry about that $20k price of Bitcoin, we will get that with or without WW III.

The tension that had been brewing between USA and Iran had been doused, I was scared during the crisis my fear was that the crisis might escalate into full blown war WWW III while some bitcoin enthusiasts are after how it price is going to pump to 20K not minding the lost of lives and wanton destruction of properties as a result of the war.

Images21

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Shall we go back to this topic? I think we are already done with this talks of WW III. There is no such thing coming in the next few decades at least. Don't worry about that $20k price of Bitcoin, we will get that with or without WW III.

Duzter

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No more war is necessary, right now peace prevails everywhere. To overcome economic issues US tries to take control of Iran. There is nothing as war, and bitcoin isn't gonna make any progress out of wars. Bitcoin will get back to $20k+ value on its own when the market is supportive. In recent days more countries have got into inflation. This has caused more people to get into bitcoin to safeguard the earnings.

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most people certainly do not want a third world war to occur because war will result in destruction and loss. and in my opinion bitcoin can reach a value of $ 20k without war. and in my opinion also there is no need for war to legalize bitcoin. if the government of our country is aware of the benefits of cryptocurrency then they will legalize bitcoin. therefore we must always promote bitcoin and cryptocurrency.

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Quote from: hatshepsut93 on January 05, 2020, 03:36:36 PM

Bottle caps will be the main currency of WWIII.

You are just extrapolating the current small boost from small negative news (yes, it is small, the media are just blowing it out of proportion) and say that if a world war would start, Bitcoin would go to the moon, but it would actually be the opposite - global exchanges will start shutting down because they could be used by enemy, Bitcoin will become regulated/banned for the same reason, mining might get banned because governments will take tight control of resources, and at the end of it all there's a nuclear scenario which renders Bitcoin useless.

I think this is the correct answer, bitcoin can be a great investment in the case of a global economic meltdown, if everything remains in place except the economic system then bitcoin will do great and if everything more or less remains the same including the current economic system bitcoin will do great.

But if we really see an armed conflict that escalates to the point of WW3 then bitcoin is going to be banned and anyone that has anything to do with it will be most likely arrested or at least investigated, and that is one more reason to never reveal to anyone that you are holding some bitcoin, and at that point bitcoin will become useless.

hatshepsut93

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Bottle caps will be the main currency of WWIII.

You are just extrapolating the current small boost from small negative news (yes, it is small, the media are just blowing it out of proportion) and say that if a world war would start, Bitcoin would go to the moon, but it would actually be the opposite - global exchanges will start shutting down because they could be used by enemy, Bitcoin will become regulated/banned for the same reason, mining might get banned because governments will take tight control of resources, and at the end of it all there's a nuclear scenario which renders Bitcoin useless.

jostorres

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There is no way world war three is happening anytime soon, probably ever again. We live in a world where technology has made sure that those big wars will never happen again, the best case scenario if Iran and USA goes to war which they won't but even if they do they will probably fight in the land of Iran or somewhere close like Iraq or Syria and not in the land of USA anyway so it would be another Iraq war for USA but nothing even close to that because in Iraq they were trying to overthrown a government whereas here they just killed a military officer and maybe Iran will do the same with some assassination attempt and USA will in return bomb Iran a bit so forth, nobody will join that war and we will have some middle eastern dead for nothing once again like USA always does.

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Quote from: hendra147 on January 03, 2020, 09:29:26 PM

of course WW is bad for economic and humanity, but this thing can turned bitcoin to be main currency, why?
because bitcoin is pure decentralization, no people can reject transaction, no goverment can stop it

Do you think WW III will be similar to the wars that took place in 1914 or 1939? In the event of such a war, casualties would be in the hundreds of millions and infrastructure would be one of the main targets of the attack. Internet is required for transactions, if it is gone or limited, BTC becomes pretty worthless.

Count on war as a means of adaptation is really ridiculous, even if price is go up to $1 million per BTC, atomic bombs, chemical and biological weapons are not an environment where money can be spent...

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Just a counter measures if their economic were going to drop down later on. I am just quite fascinated with such action of those people that they even think of bitcoin while there is an on-going issue in their country because I don't think I would as I am more concerned where should I stay at, thinking of stock foods, bottom line is how would I survive rather than getting fortunes.

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Quote from: hendra147 on January 03, 2020, 09:29:26 PM

...
Bitcoin will be main currency during WW III, and back to $20k ?

WW 3 is about Nuclear war, there will be no access for Bitcoin uses, means the internet will be shut down for the public.

Bitcoin can be used as an alternative main currency when the country faced conflict, before Iran. Greece, Argentina, Venezuela ever used Bitcoin as the main currency.
And I don't want to expect Bitcoin price rise in such a way, it's better naturally.

rez303

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Quote from: hendra147 on January 03, 2020, 09:29:26 PM

today i read this news , after issue about " Pentagon confirms Trump ordered killing of Iran Guards commander"

and now bitcoin take seat t be main currency Roll Eyes

[
of course WW is bad for economic and humanity, but this thing can turned bitcoin to be main currency, why?
because bitcoin is pure decentralization, no people can reject transaction, no goverment can stop it

I don't think Bitcoin is important. One of the biggest mistakes many people make right now is to think that Bitcoin is an asset to hold because it is non-physical and it is heavily fomo every time a war or economy goes down. We are all manipulated by sharks about the thinking and value of bitcoin. Gold really is the core value and you should think about it.

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Quote from: ReiMomo on January 04, 2020, 11:47:40 AM

Rich people can easily migrate from the country of Iran without handing their currency money, probably those people in IRAN was getting ready for possible WW3 and buying bitcoin and easy for them to cash out when they are in other countries. But sadly, those poor people will remain there and there's nothing they can do is to wait what will the decision of their government.

Having a war or living with the city in war is the worst experience you will ever taste in your whole life. Nobody wants to a war and i hope the conflict wouldn't expand more that would cause a WW3. Money can't buy anything if you are in the city affected by war. Let's not use bitcoin itself to gain something while others are dying it's a worst act of greed.

ReiMomo

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Rich people can easily migrate from the country of Iran without handing their currency money, probably those people in IRAN was getting ready for possible WW3 and buying bitcoin and easy for them to cash out when they are in other countries. But sadly, those poor people will remain there and there's nothing they can do is to wait what will the decision of their government.

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This fact has caused in some countries a slight increase in Bitcoin, although it could be said that the increase in the price of the dollar, the increase in the price of oil have something to do with this attack.

However, for countries such as Venezuela and Iran, which currently have a disaster economy, the price of Bitcoin is high, for Iran these purchase orders have been made, although the price has fluctuated from $ 6800 to $ 7300 for Bitcoin, for $ 25k prices have not confirmed any purchases.

According to Messari, Ryan Selkis, who is the founder of crypto analytics, says:

Quote

“Bitcoin is trading at nearly $24,000 in the USD equivalent of Iranian Rials on LocalBitcoins today. It's unlikely those purchases are paying for the Iranian military's response. Instead, it might be innocent (and desperate) Iranians looking for a way out of the coming chaos.”

Source: https://cointelegraph.com/news/bitcoin-selling-for-24-000-per-btc-in-iran-as-us-tensions-escalate, cointelegraph.com

I hope that these facts do not happen to something else like a war, in some statements from the USA, they say that the intention of such an attack has been misunderstood was to avoid war, they do not want war.

Genemind

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Iran needs Bitcoin as its supporting currency because of the incident in their country which would affect them negatively especially when WW3 happens. Their economy might fall badly so they're wise enough to have Bitcoin as their last resort. From this incident, we can see how Bitcoin could rescue a shaky economy. It's just a sad thing that the price of BTC is becoming better in a negative way. This type of news is really a bit frustrating.

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Well, I hope BTC develops, but not because of a war please. Like, this just makes it look like BTC is taking advantage of the war to spread its influence. Yes, we all know how dollar is sht right now because of how the government has managed it and has turned it to be to what its state is right now, but a lot of people still acknowledge it and has no idea what is happening. It overhauling the US would look like an usurper to most of the populace, which is imo, a bad image for it. Especially since most of the government has refused to acknowledge its existence.

Quote from: xZork on January 04, 2020, 08:52:51 AM

In IRAN and Venezuela, the price of bitcoin is very high, people in those countries are losing confidence in the currencies issued by the government and bitcoin is the best choice for them.
If the world goes into a crisis or war I think the price of bitcoin will go up very high. Bitcoin is easier to move than all other currencies and assets, we just need to save our wallet and can use it anywhere.

Well, the war may be coming and any currencies they currently have is already rekt. Even without it, their economy has already stagnated their development so it is pretty hard to rely on their currency as of yet.

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Quote from: bitcampaign on January 04, 2020, 02:37:13 AM

It seems like this is being warmly discussed, I think the Iranians are more familiar with bitcoin than America, but if their currency isn't really used there, I still haven't gotten more information and why bitcoin is used there as a payment tool, it's confusing if indeed bitcoin is used there as a payment tool why there is no price push on bitcoin today, there are times when bitcoin will travel above $ 20k again

That's always good to see bitcoin aimed that profitable price of $20k without war. In cases of Iran, they're more particular with this bitcoin as tool for payment because they're hungry for financial independence. All transactions that linked to their country was barely encrypted using cryptocurrency, so there's no need to be confused now. Hopefully their conflict will be arranged to avoid bloody history.

xZork

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In IRAN and Venezuela, the price of bitcoin is very high, people in those countries are losing confidence in the currencies issued by the government and bitcoin is the best choice for them.
If the world goes into a crisis or war I think the price of bitcoin will go up very high. Bitcoin is easier to move than all other currencies and assets, we just need to save our wallet and can use it anywhere.

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Quote from: hendra147 on January 03, 2020, 09:29:26 PM

today i read this news , after issue about " Pentagon confirms Trump ordered killing of Iran Guards commander"

and now bitcoin take seat t be main currency Roll Eyes

Bitcoin Selling for $24,000 per BTC in Iran as US Tensions Escalate

Iran has capital controls. So the only way to get money out of Iran is either bitcoin or gold, and for obvious reasons, bitcoin is easier to move.

I don't think there will be WW3 BTW, but I think the sanctions net around Iran will tighten further, making their economy worse.

Janation

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Just hope something can be done to avoid this war.

Allegiances are happening and that would might not stop from just 3 countries, that would involve other countries too that is alliance of America. In terms of the price, would tgat really affect the price or just their price? I don't think the price would change as a whole.

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Quote from: BigBos on January 04, 2020, 04:51:05 AM

I think that this has to do with weapons or unusual transactions. if WW happens, I think bitcoin will indeed be used to disguise transactions. Well, at WW, I thought there was no time for people tracking down bitcoin transactions.
but, I really did not expect that to happen. I think to increase the price of bitcoin, halving alone is more than enough. don't war again Cry

.

War issue arises due to airstrike in Arab, we don't know yet if it will really lead to war but hopefully it's not, it will affect too many people, sectors and economy especially lives of innocent one. The price back to 20k is also not guaranteed as it may turn the other way out.

rijaljun

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If WW III really happens, then it is sure for Bitcoin to be a medium of transaction and could be more than only $20.000 USD.

But, it is an unsure things and hopefully WW III won't be as we will be put in a chaos. Do you expect a chaos just to make Bitcoin price flying high? I hope you don't.

BigBos

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I think that this has to do with weapons or unusual transactions. if WW happens, I think bitcoin will indeed be used to disguise transactions. Well, at WW, I thought there was no time for people tracking down bitcoin transactions.
but, I really did not expect that to happen. I think to increase the price of bitcoin, halving alone is more than enough. don't war again Cry

.

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Quote from: joniboini on January 03, 2020, 11:54:09 PM

I don't wanna see a stupid war going on even if that push Bitcoin price. Lots of people are dying here and there and it leaves a bad taste in my mouth.

The conflicts are bad enough already and I hope it would stop. Life is more precious than money, especially if you live in a war zone. Pretty sure nobody wants the world to go to war even if they have 10 billion dollars because that means nothing when you can't even feel safe.

I also don't want war to happen because any war will only make the people of that country feel more miserable. In fact, the crypto market will often have a lot of volatility when this news comes out but certainly the life of war nation will not be happy so do not expect too much in this war. In my opinion, Bitcoin will still grow in a positive way by 2020 and you should be more patient to make a profit.

World War 3 was really my obsession and hoped that the two countries of the United States and Iran would have many peaceful solutions because I don't want to see death in this war.

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For something like WW III although a lot of people talk about it, i hope it not really happen. Because it can make other countries get impacted. I mean, for something that destructable like that, i don't think internet will be really easy to access and how they can manage their bitcoin if there are no more internet because of impact from WW III.

bitcampaign

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It seems like this is being warmly discussed, I think the Iranians are more familiar with bitcoin than America, but if their currency isn't really used there, I still haven't gotten more information and why bitcoin is used there as a payment tool, it's confusing if indeed bitcoin is used there as a payment tool why there is no price push on bitcoin today, there are times when bitcoin will travel above $ 20k again

iram3130

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I hope there would be none or minute retaliation from Iranians but if there comes a war then BTC will definitely gain more and more popularity in Iran and its friends. They can easily transact in and out of the country with BTC. US cant sanction that so it will be a situation to resolve.

Wexnident

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Imagine BTC price being pushed because of a war. Honestly, even if the war is going to be pushed through, I doubt that is enough of a reason for it to become the main currency. Iran has most likely bought it at that price because of the depreciating value of their currency AND with the war having a possibility of coming, honestly brings 0 possible development to the market of their country.

Quote from: ashmodeus on January 03, 2020, 11:22:05 PM

i just have speculation , why btc is have a high prices on IRAN area its because they need alternative money.
and so far , world just know bitcoin is the best choice for it, that why price soo high there.
so what happen if WW III happened ?
of course bitcoin is nothing, since all of mining farm will be destroyed, no more internet, no more altcoins.

Little discussion about what you said in the latter part. Mining farms may be destroyed, but its core concept on the internet and the internet itself would not die. It wouldn't die simply because the internet dying means cutting off EVERY device on Earth from the internet, which is close to impossible.

jazmuzika217

member

Activity: 476

Merit: 12

I think bitcoin have a huge price in Iran because they need an alternative money because they are in communism country so they need to have an easy transactions that can do anywhere because it is hard to go outside their house so it is better to transact online. I hope bitcoin will have a huge price increase in global market.

stomachgrowls

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Quote from: joniboini on January 03, 2020, 11:54:09 PM

I don't wanna see a stupid war going on even if that push Bitcoin price. Lots of people are dying here and there and it leaves a bad taste in my mouth.

The conflicts are bad enough already and I hope it would stop. Life is more precious than money, especially if you live in a war zone. Pretty sure nobody wants the world to go to war even if they have 10 billion dollars because that means nothing when you can't even feel safe.

Same sentiments for this situation.It doesnt need nor not really pleasant on the eyes on seeing a war, you wont be feel happy just because you do see the advantage of it.

People shouldnt really push that btc would be the main currency.It might rose up its price or demand on IRAN but doesnt mean that it would affect as a whole.

joniboini

legendary

Activity: 2170

Merit: 1789

I don't wanna see a stupid war going on even if that push Bitcoin price. Lots of people are dying here and there and it leaves a bad taste in my mouth.

The conflicts are bad enough already and I hope it would stop. Life is more precious than money, especially if you live in a war zone. Pretty sure nobody wants the world to go to war even if they have 10 billion dollars because that means nothing when you can't even feel safe.

ashmodeus

hero member

Activity: 1638

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i just have speculation , why btc is have a high prices on IRAN area its because they need alternative money.
and so far , world just know bitcoin is the best choice for it, that why price soo high there.
so what happen if WW III happened ?
of course bitcoin is nothing, since all of mining farm will be destroyed, no more internet, no more altcoins.

hendra147

hero member

Activity: 644

Merit: 509

today i read this news , after issue about " Pentagon confirms Trump ordered killing of Iran Guards commander"

and now bitcoin take seat t be main currency Roll Eyes

Bitcoin Selling for $24,000 per BTC in Iran as US Tensions Escalate

local bitcoin transaction volume

source : https://cointelegraph.com/news/bitcoin-selling-for-24-000-per-btc-in-iran-as-us-tensions-escalate

of course WW is bad for economic and humanity, but this thing can turned bitcoin to be main currency, why?
because bitcoin is pure decentralization, no people can reject transaction, no goverment can stop it

Topic: Bitcoin will be main currency during WW III, and back to $20k ? (Read 534 times)