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Topic: US- Iran Tensions boost Bitcoin price to $24,000 - page 4. (Read 1070 times)

sr. member
Activity: 2254
Merit: 309
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After war conflict between Iran and United State bitcoin price in Iran tension boost price to $24,000 and have very different price from bitcoin global where only raise above $7500, I don't why bitcoin in Iran have very different price than bitcoin global, any chance for arbitrage between bitcoin global to withdraw in bitcoin account exchange in Iran?
sr. member
Activity: 1123
Merit: 253
For as long as the effect on the price of Bitcoin is isolated only in Iran, this is not something everyone should be celebrating. There is no real boost in the actual price of Bitcoin if this is the case. Bitcoin is global and it should grow globally. It should not just be growing with a specific area where there is violence.
Apart from celebrating the price of bitcoin in Iran we should also be consigned with war tension between the two countries and its consequences to the citizens particularly Iran after it had turns to a full blown war.

We cannot feel the rise of bitcoin at the expense of what is happening right now, because in the end if the worst scenario of the two countries is carried out it will be a nightmare for the world including humanity, this is no longer a matter of bitcoin and the economy but a matter of humanity.

The effect of this violence will be more damaging and costly in terms of human lives and properties. The benefit is nothing compared to it, even if this war will cause Bitcoin's price to rise until $50,000.

And also, is this really true? Is Bitcoin really that huge there o is this another news written by fake journalists and FOMO sparkers?
legendary
Activity: 3206
Merit: 1885
Metawin.com
It will reach to that value or more than that value because of this or it is also said that now the effects of halving has been started and because of it the price is rising, anyway we need the adoption of bitcoin and the kingdom of bitcoin on the world economy.
If the price surge is because of the US and Iran war then you not alone but many other are also curious that why the price increased with that the answer is that people know that these countries are powerful and they both will make a lot of harm to the world system if they entered in the war and they will have only the option of bitcoin to secure their money.
It's not because of the halving, the main reason is already in the article its just that the title isn't true that's why it's less appealing.

Am not in anyway in connection with the owner of the cointelegraph.com neither the author of the article buddy. You claim that you didn't visit the site how come you get all this information. I added the link so that people can see  the source of the information i shared not leaving it blank.
There are other ways to know the issue about the rates on Iran since it's not limited to Bitcoin and this isn't the first time that it was mentioned.
sr. member
Activity: 1330
Merit: 291
Why do people make clickbait articles? Iranian price has always been higher than normal price and whenever something like this happens the price increases there, but this is just the price on an Iranian exchange, whats the reason to have a title like the price went to 24k everywhere, it is just pure horrible spam bulls*t and I hope nobody visits your website, I sure didn't clicked on it and I urge everyone not to as well.

Maybe one day they will learn how to do real journalism and actually end up writing something people may want to read instead of making the click it thinking something else and close after learning it is different, that is clickbait and you will never go anywhere further with clickbait in life, just will be around the same levels as you are and that's it.

Am not in anyway in connection with the owner of the cointelegraph.com neither the author of the article buddy. You claim that you didn't visit the site how come you get all this information. I added the link so that people can see  the source of the information i shared not leaving it blank.
legendary
Activity: 2912
Merit: 1068
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Maybe you refere on Bitcoin price on Iranian market. But US Iranian conflict, whatever form it might have, will not influence the Bitcoin price globaly and certainly it will not push it that high. Generaly I think that politics doesn't influence Bitcoin price that much as people think, Bitcoin price is still rather isolated compared to traditional financial markets.
hero member
Activity: 1022
Merit: 521
But why?
24k? Really?

I cannot find any good reason into why there will be a price surge in the price of bitcoin just because of this.
I am still trying to figure that out by now.
This is just another move of the United States taking over the oil in the Middle East. They cannot make anything anymore that would suffice their economy.
They need a war to create guns again. That is where they are good at. Without war, no money.
It will reach to that value or more than that value because of this or it is also said that now the effects of halving has been started and because of it the price is rising, anyway we need the adoption of bitcoin and the kingdom of bitcoin on the world economy.
If the price surge is because of the US and Iran war then you not alone but many other are also curious that why the price increased with that the answer is that people know that these countries are powerful and they both will make a lot of harm to the world system if they entered in the war and they will have only the option of bitcoin to secure their money.
sr. member
Activity: 1400
Merit: 259
But why?
24k? Really?

I cannot find any good reason into why there will be a price surge in the price of bitcoin just because of this.
I am still trying to figure that out by now.
This is just another move of the United States taking over the oil in the Middle East. They cannot make anything anymore that would suffice their economy.
They need a war to create guns again. That is where they are good at. Without war, no money.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Global events does have an effect on such assets and we can also see a slight increase in bitcoin's price in the global market but that doesn't mean that the global value will increase to $24000.
Bitcoin's price has indeed increased to $24000 but that's just on the local exchange and not the global one. If we look at Venezuela's case, the bitcoin's price was increased more than global exchange on the local exchange but then the global market price remained dormant. Let's see how much of a difference will the Iran airstrike event make on the global bitcoin price.
legendary
Activity: 3080
Merit: 1500
The recent airstrike on the Baghdads airport orchestrated by the United States of America President Donald Trump which killed the head of the Iranian revolutionary gaurds General Qasem Soleimani. This has led to the increase in the market value of the global oil price and that of Bitcoin in recent time but who knows how long will this effect last.
The Iranian restriction to access Internet was another factor that led price increase of Bitcoin to around $24,000 per Bitcoin on the local Bitcoin exchange. For further information visit https://cointelegraph.com/news/bitcoin-selling-for-24-000-per-btc-in-iran-as-us-tensions-escalate

Know the truth below,

https://www.forbes.com/sites/billybambrough/2020/01/04/no-bitcoin-isnt-going-for-anywhere-near-24000-in-iran-heres-why/#36d4c0f05c98

Secondly, a lot of p2p trading platforms like localbitcoins are not available in Iran. So how the author derived this price? Seems like a classic example of clickbait article and bad journalism!
hero member
Activity: 1974
Merit: 575
 They make clickbait articles because thats what makes them money, after a while they could use that money to actually hire people who can write proper articles that people may want to read but until that moment comes and they have some money to hire real writers, they make clickbait articles and headlines to attract clicks to their website which makes them money via ads and thats how they get enough money. Sometimes they even continue to do clickbait even after hiring decent writers because they see it as a proven method that made them money so they see no reason to stop other than people who visit their website once and leave for good, as long as enough people visit per day, there is no problem for them if they never come back.
sr. member
Activity: 1330
Merit: 291
For as long as the effect on the price of Bitcoin is isolated only in Iran, this is not something everyone should be celebrating. There is no real boost in the actual price of Bitcoin if this is the case. Bitcoin is global and it should grow globally. It should not just be growing with a specific area where there is violence.
Apart from celebrating the price of bitcoin in Iran we should also be consigned with war tension between the two countries and its consequences to the citizens particularly Iran after it had turns to a full blown war.
May we not see the escalation of the war between the two Country despite the fact that many will be happy to see whatever can lead Bitcoin price increase. Although, American President Donald Trump is happy and see this act as a great achievement in American history.
hero member
Activity: 1022
Merit: 521
the conflict may rise the price of btc, it depends on a lot of factors, there may be some people who would like to move money out of iran, and the may think the only way safe would be btc,

if those money are in huge volume there his a probability that it will affect the market, increasing the price in the nearest future,

all the same i don't pray for this tension to escalate
It is right because both of the nations are well aware with bitcoin and the people of both of the nation will want to save the value of their money. They will know that if the war started then the value of dollar and the Iranian currency will drop so the people of these both countries are investing their money in bitcoin from now. There are many people all around the world who also hold dollar so they will also transfer their dollars to bitcoin.
sr. member
Activity: 742
Merit: 257
You must read the news correctly so as not to cause misunderstanding, look at what is said in the news :  “So if you wanna buy USD today in Tehran, the price is about 140,000 IRR,” he says.
In other words, while the “official rate” is around 42,000 IRR per 1 USD — which would result in the $24,000 price per Bitcoin — the actual rate in the street would give one something closer to BTC’s actual global market price, currently around $7,300 USD."
try to see again what was said in the news : "But given the double exchange rate reality in Iran, it's likely that no one really paid this much ($ 24,000) per Bitcoin."
sr. member
Activity: 1120
Merit: 272
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This is nothing. Imagine what would happen to the bitcoin prices if there was a worldwide conflict. Easy >$50k, probably close to $100k.
Even bitcoin price will be higher than that if the WW III happened worldwide. But I hope WW III will never happen because it will cause heavy losses for allies and the economy will be in decline for a long time, we live in a world of peace and I want bitcoin to grow in the current peaceful world. Btw with what happened lately I believe bitcoin price will soon go up to $ 10,000 in the next few weeks

I've never thought that conflict and war can bring upward movement in the price of bitcoin. How could you just think of that? If you're country is involved in a war against the two country, then Goodluck. But probably, there are also other country who will join the chaos because of the merging of allies of each countries. Bitcoin will probably become useless of all of us are killed and our properties are damaged. But in the market, bitcoin will really have a sudden increase in demand that results to a higher value and price.
legendary
Activity: 2842
Merit: 1152
Why do people make clickbait articles? Iranian price has always been higher than normal price and whenever something like this happens the price increases there, but this is just the price on an Iranian exchange, whats the reason to have a title like the price went to 24k everywhere, it is just pure horrible spam bulls*t and I hope nobody visits your website, I sure didn't clicked on it and I urge everyone not to as well.

Maybe one day they will learn how to do real journalism and actually end up writing something people may want to read instead of making the click it thinking something else and close after learning it is different, that is clickbait and you will never go anywhere further with clickbait in life, just will be around the same levels as you are and that's it.
hero member
Activity: 1736
Merit: 589
I just hope this doesn't escalate anymore than it already has. I mean, BTC growing is nice and all, but for its improvement to stem from a war since kinda negative on my part. Also, taking into account Iran as a country, It could push the price. But by a bit. Only a bit. The currency of Iran is pretty week, seeing as 1 US dollar is worth 33333.33 Iranian Rial, you could already see how much discrepancy there is between the economy of the two countries.

I do not think that the US-Iran tension has increased the price of Bitcoin by $24,000 because everyone knows that Bitcoin prices will rise but the United States has increased it it will hurt our country's economy. Because it's hard to say what the price of Bitcoin will look like Often times tensions are triggered by conflict.
Uhh no it didn't increase the price of BTC to $24000 BUT citizens of Iran bought BTC at $24000 is the point of the topic. Which technically, in some way or another, influenced a push to the price of the BTC by a few hundred dollars. So in a sense, the topic title is true, that Iran citizens were forced one way or another to buy BTC at skyhigh prices. Note that it's only limited to Iran though.
sr. member
Activity: 1400
Merit: 269
Yes it looks like we're gonna see an all out war soon if the conflict between to nations gets worse and the bitcoin price might have a major uptrend due to the citizens seeking to migrate their funds before another financial crisis happens in both sides. The hype from incoming WW3 could trigger also a major breakthrough to this sideways action in the crypto market. Honestly sometimes you just need violence to resolve conflict in order for them to see what are the consequences of their greediness and actions.
sr. member
Activity: 1036
Merit: 258
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I do not think that the US-Iran tension has increased the price of Bitcoin by $24,000 because everyone knows that Bitcoin prices will rise but the United States has increased it it will hurt our country's economy. Because it's hard to say what the price of Bitcoin will look like Often times tensions are triggered by conflict.
full member
Activity: 812
Merit: 104
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US-Iran are thinking tons about this due to this US-Iran is a world issue now don't know whether we are all worried about whether these issues will ever be resolved there's a unclean politics behind everything that causes unrest.
brand new
Activity: 0
Merit: 0
the conflict may rise the price of btc, it depends on a lot of factors, there may be some people who would like to move money out of iran, and the may think the only way safe would be btc,

if those money are in huge volume there his a probability that it will affect the market, increasing the price in the nearest future,

all the same i don't pray for this tension to escalate
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