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Topic: Will bitcoin will move up if there is a war with Iran - page 6. (Read 970 times)

hero member
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Recently we dont see war against countries, I expect a form of settling within the 2 countries but may not be soon. There are also indications that the attack was not from USA but his allies, who he showed the support for the attack. It will be dangerous for Americans on ground and some other nationals, there will be a lot of evacuation. Bitcoin is not meant to benefit from war but acquisition of bitcoin can be the form of preservation of one's financial portfolio is time of national crises.  
sr. member
Activity: 1274
Merit: 252
Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ?
Oil and gold prices are already up within last few days. Will Bitcoin will be next?
Nothing is good from the results of the war, the economy will be critical. I know what you mean about the many demand for bitcoin because of the critical economic situation and how there will be many investors who see bitcoin as the safest asset in the world war because of decentralization. I'm not sure how investors will see world war and how they will secure value? all possibilities can happen.
sr. member
Activity: 2380
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ?
Oil and gold prices are already up within last few days. Will Bitcoin will be next?

I don't think there will be a rise in Bitcoin's price if a war is taking place between the US and Iran. If there is, it is just like what is said in the news, a rise inside Iran or inside the areas where the war is actually taking place. As to the rest of the world, the price would remain the same. This is also what happened in Venezuela or Argentina where the prices of Bitcoin is also very high compared to the rest of the world.

Oil is directly affected because the middle east is where the danger is present. Bitcoin is not coming from there.
sr. member
Activity: 1484
Merit: 276
Oil and gold price rising don't necessarily mean that bitcoins price will grow too after this war is over or if there will ever be a real war between Iran and the USA. Bitcoins price is not dependant on those 2 so we should not expect a pump for bitcoin just because of a war, the local price in Iran will pump  but not the total price exchange price for sure.
legendary
Activity: 2450
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ?
Oil and gold prices are already up within last few days. Will Bitcoin will be next?

I don't think we are going to have a world war 3 here Iran is not a superpower or they have allies that are willing to wage a global war with them, they will likely retaliate, in a guerilla type of attack but not on a face to face warfare they are no match on that, and I think it will have  a major impact on Bitcoin, Bitcoin will go on moving up only a disruption in its ecosystem, and hacking can have an impact on it.
hero member
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ?
Oil and gold prices are already up within last few days. Will Bitcoin will be next?

We can see some news about the increase in BTC price in IRAN, the only change we need to see if the price in the world market will move up in these coming days. The war will likely break out but there is no assurance about that because those 2 countries are once allies when they killed Saddam Hussein of Iraq. In my opinion right now, this is only something like a role playing scene where they sacrifice some pawns to managed to get some support from their people.
sr. member
Activity: 1834
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ?
Oil and gold prices are already up within last few days. Will Bitcoin will be next?
I think it will have an effect where bitcoin seems to be able to survive when there is a world war, everyone might not feel safe enough to hold gold and let alone cash at that time, but I don't know even even bitcoin had never existed in the second world war, but I think it will be quite influential though a little
hero member
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I think it has not had an impact on bitcoin, because the use of bitcoin and also the popularity of bitcoin is not like gold and oil which is certainly a different sector from bitcoin. digital assets such as bitcoin may not be affected by the war, because people today assume that this war thinks that fiat money will be worthless so they divert funds to gold.
legendary
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Leading Crypto Sports Betting & Casino Platform
Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ?

Why would a war with Iran be good for Bitcoin? Huh

Oil and gold prices are already up within last few days. Will Bitcoin will be next?

Bitcoin isn't positively correlated with crude oil, nor gold. That doesn't bode well for your theory.

US-Iran tensions have caused oil prices to rise in the past and gold is a safe haven asset -- it makes sense why they would rise. But why Bitcoin? If it rises from here, I'd consider it a coincidence.

My point of view is that if Gold is the safest heaven asset, what about bitcoin. Bitcoin is the next new asset or currency in which the world will put their saving when they feel instability in local currencies and therefore Bitcoin should move up, if there are any war tensions in the world which involves US.
sr. member
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Leading Crypto Sports Betting & Casino Platform
Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ?

I don't think so, I'm not seeing any correlation. Bitcoin hasn't been tested in world war.
And Iran is not that dumb to go full scale war with the United States.

Oil and gold prices are already up within last few days. Will Bitcoin will be next?

Gold has been tested during the last world war, Federal Reserve's Role During WWII.
I believe so, as stated, bitcoin's economy is different from fiat money, which means that it wouldn't be affected even if fiat's price skyrocket, but if this war goes large-scale, which I hope it doesn't, it could obstruct progress and technological advance, the same will happen with the internet. And as we all know, bitcoin's heart is in the internet, this could cause bitcoin's price to drop drastically as technology becomes more and more inaccessible.
legendary
Activity: 3080
Merit: 1353
Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ?

I don't think so, I'm not seeing any correlation. Bitcoin hasn't been tested in world war.
And Iran is not that dumb to go full scale war with the United States.

Oil and gold prices are already up within last few days. Will Bitcoin will be next?

Gold has been tested during the last world war, Federal Reserve's Role During WWII.
member
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Seeing the world economic conditions, will bitcoin move to all-time high if there is a War with Iran? Oil and gold prices are already up within last few days. Will Bitcoin will be next?

One of the many effective things that can push the price of Bitcoin is uncertainties in the face of turmoils or conflicts. When there is that assumed and real higher demand for anything then there is a big chance that its price will b jacking up. However, this can be short-lived as there is actually no big war that will be occurring between the USA and Iran. These countries right now are very careful not to go into a major conflict with each other. The time is not yet right for that and I am sure that both parties are aware of this. USA is just projecting its power and using available resources to counteract anything it is perceiving to be threat.
sr. member
Activity: 1274
Merit: 265
Iran is not a fool to fight with USA. He knows he cant survive in case he goes on one to one fight with USA. Iran will only launch some small attacks on USA in different countries making sure nothing happens to its territories.
I dont think bitcoin will be the beneficiary in any case only oil will be.
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ?

Why would a war with Iran be good for Bitcoin? Huh

Oil and gold prices are already up within last few days. Will Bitcoin will be next?

Bitcoin isn't positively correlated with crude oil, nor gold. That doesn't bode well for your theory.

US-Iran tensions have caused oil prices to rise in the past and gold is a safe haven asset -- it makes sense why they would rise. But why Bitcoin? If it rises from here, I'd consider it a coincidence.
hero member
Activity: 2156
Merit: 803
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Chances are there will be a short war but, I do not think the price of Bitcoin will go up. The price of fuel will certainly hit the moon and economically Iran will not survive.

Bitcoin price is not corelated to global economics. It has its own ecosystem.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ?
Oil and gold prices are already up within last few days. Will Bitcoin will be next?
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