Topic: Would another war in the middle east affect crypto (Read 484 times)

It all depends on the size and importance of the belligerents. In fact, some correlation can be traced, another question is that the Middle East is so mired in wars in the last decade that the continuation of the ongoing wars no longer has a significant impact on the markets. In this situation, the opposite can happen exactly the opposite, when the war stops and thanks to this, an additional amount of oil enters the market and, accordingly, there are movements in the market.

There's no correlation about wars and bitcoin market.Come to think on what happened when we do suffer on this covid 19 pandemic? There might be some declines
but doesnt mean that this had be the reason on such dump because price can move without any viable reason.Same goes into these kind of fundamentals
where wars wont really be significant that could really affect bitcoins price or the entire crypto market.So its not really that a serious
matter for you to mind off if you do plan to make use of it or including into those fundamentals.

*OK, you're 100 percent right...
the war in the middle east is an eternal war that will never stop until whenever. btw, I don't really care about wars in the Middle East because usually, it's just a case of fighting over land and oil rights, and believe me it will have no impact on crypto prices.

I am not fully aware of the situation between Iran and Israel but one thing is certain that Israel will not go against US and attack Iran as it will be a disaster they cannot handle. If there is a serious war or a natural disaster the first thing to do is to save yourself and your family and the rest becomes secondary  .
If you are holding some of your wealth in cryptocurrency during these times, the only thing you need to remember is the password to your wallet and it is the best option during these time.

Two things wrong with this.
Iran had received 70 F-14, those were net superior to anything the Iraq airforce had until they managed to get Mirage fighters and some newer Migs.
For a while, they fought with far better equipment than Iraq.

Now, it's exactly the opposite.
They have some leftovers F14, F5(lol), MirageF1 (out of production), J-7 (chinese M21) a few SU24, and finally something that is worth fueling between 30 and 40 Mig 29.
Toe to toe with superpowers? Are you going to put 30-40 fighters (the only ones in their arsenal who are fighters and not multirole or ground attack) against 300 F14 and F15 and on top of that 24 F35? (That's just what Israel has) One single carrier from the US holds more battle-ready aircraft than Iran has.

Remember that nobody will want to conquer Iran, just trash their army and in this case, the numbers of soldiers don't matter, the war will be over without a boot on the ground, the regime will collapse as it is already pretty much eroded from all the tension right now, this will be over in the way the Serbian war was, and everybody in Iran knows that all they do is trying to bluff.

But again, nothing is going to happen, although all of them are angry at each other in the middle east they like keeping it like that, more players on the map mean more chances of everyone being worried about what the others would do and thus refrain from doing stupid stuff and without a clue how the US will tackle for at least 4 years the problems in the region they will all be just shouting and not shooting, fortunately!


Not this century, maybe the next one!
Look how hard it was to finally bring peace in Europe and we had way fewer issues between us than what other countries have right now.


We just had a war three months ago between Azerbaijan and Armenia, d'oh!

First of all, before going to crypto, we have to know that can a war be happen in such new world. I think it is quite impossible because today countries are involved in cold war so much as they do not need any other option of war in the battlefield.

I agree with you that war is as awful as it seems and no one wants to be a part of a war. But the world is shifting from physical to digital where cryptocurrency, online payment and Internet are more valuable because of having more advantages over gold. Gold value can be formed for a long time ago but things can probably change in just a few years in the 21st century. Im not saying gold is a bad choice. Many people of course see gold as a better safe haven than cryptocurrency. But to me, bitcoin has replaced gold for a long time a ago. Traditional has lost the battle with innovation. Keeping bitcoin gives me both safety and profit. Not many asset have the same edges like bitcoin. Think about that

I saw some interesting tweet, it's going like this: "That dispute between Wall Street and Robinhood is pushing people towards decentralized markets...Bitcoin will be only winner in that war"! I see some correlation with this topic, and all other similar topics... disputes between governments and bankers will push people to decentralized market, Bitcoin will be the winner! I think people are sick from that shit, all that war shit around... we want to live normal lives...
I am with all good people from the Middle East and the entire world, and I am against bad people! And I am sure there are good people there, they just got stuck because of some shitty politics and bad people, but not only from that region, from the entire world, because we all know that many bad people from many countries are involved in that mess! I would say like always!

Let's not talk about another war like it's nothing, or it's just one more war...it's not nice when people die, when everything around is falling apart! It's 21st century, we are all people...we can live together in peace! And there's enough for everyone!

Lol I too hate war and I don’t like talking about it itself. Anyway, if there should be a war like that between these two countries you have mentioned, I don’t think that Bitcoin is going to be affected, even the gold will likely not be affected, but the fiat of these two countries might be affected and might lose value depending on how long the war should carry on.And that means a lot of rich guys there will definitely be looking for other assets that they will switch to so that they don’t lose their money.

Anyway, I am not hoping for any of that to happen, war is very bad and even innocent children will be affected.

you are correct. actually about 40 years ago the war did come to Iran and they did have no allies, it was the early year after the Iranian revolution and they didn't even have any military either. all their equipment was also western made and they couldn't even fix an engine if it broke down and those countries had abandoned Iran. suddenly Iraq thought it could take advantage of the situation and take half of Iran.

yet Iranians fought the invaders who were backed by super powers such as US and other European countries that were supplying them all kinds of weapons including chemical bombs which were used on civilians. they defended their land for 8 years with 2 last years of it spent in direct conflict with US forces.
half a million people died in that war and yet Iranians didn't even give up an inch of their home to these invaders.

the new war will be different because now Iran has a strong military capable of mobilizing at least 2.5 million with an addition of 35 million fit to fight. it is technologically advanced enough to go toe to toe with supper powers.

i said this to tell you that war is a complicated thing. a losing Iran may not receive any help but a winning Iran that wasn't the starter of the war and is just defending and successfully at that will receive support from those two big allies. but those allies aren't the only allies Iran has. they have strong ties with half of middle east.

War is very bad. But the problem is that if you and your country become a victim of aggression, then you need to understand that everything is very primitive here - either you win or you lose. The third option is not given. The war of independence from the invader / occupier must be won. Another question is how? Conducting direct combat confrontation, subject to the enemy's superiority, is very costly and ineffective. For weak countries (this is not a shame - most countries, from the point of view of local armies, are weak against the background of, for example, the United States, China, Britain). Therefore, such countries become members of military-political blocs such as NATO.
Whoever can benefit from war is countries with a totalitarian government that are on the path of degradation and collapse. This "raises" the level of "patriotic sentiment", and the population of the aggressor country has an answer to the question "why do we live so badly? After all, there are enemies around, we are at war with them! We need to be patient!"
There were also empires whose one of the goals was to enslave as many territories as possible, but they disappeared into history ...

War is always bad and must be avoided at all costs. According to my understanding, the conditions of war were very chaotic conditions for a certain period of time. Crypto is freedom and will be very useful in situations where a region is isolated or in conditions that do not allow the economy to run. on the other hand Gold has a value which has a form and can be seen with the eye. In that case, I think gold will be more valuable and more reliable than crypto or fiat. gold also has a value that is recognized by almost everyone in the world, so in my opinion if a situation of some kind of war or natural disaster occurs and you can only keep a few wealth, then gold is a wise choice.

A flight into safe asset could definitely happen if a new war starts. I think it all depends on how large the war is going to be, only Iran vs Israel? Who would join in of the other countries. If Israel starts the war it might be hard to find allies, especially now with Biden in the white House. As long as its only a minor regional conflict bitcoin shouldn't be too much affected.

Have they done something for Serbia? Have they done something for Irak? For Afghanistan?
Nope, and they won't be entering a war for Iran, especially Russia.

Russia will be more than happy to see Iran under complete sanctions or its entire oil production go bust because Russia needs high oil prices, that's why it wants to trigger as much shit as possible in that region, for them Iran managing to sell as much oil as Saudi Arabia is a nightmare.
China? China will not go to war anywhere but near to its own borders, if war breaks out trade goes down, and they are dependent on it, they will not enter a war in which they have a lot of problems separating allies from foes and translating all of it into exports and imports.

Unfortunately for Iran when war will come, as I highly doubt it will be in the years to come they will find out they are alone, alone with no allies and nobody wanting to risk anything for them.

It will pump the Bitcoin price because both sides will look for a way to preserve the value of fiat.

But I don't like wars. There are many peaceful ways to increase the Bitcoin value, like projects, deeper business blockchain integration, disrupting industries as insurance and freight, and bringing more people. Just name it.

If war occurs it is likely to have a negative impact on the economy of a region or the country depending on the scale of the war, then the value of the currency can be worth nothing, bitcoin and gold may be the best option to transact which gold can be used locally and bitcoin for an international transaction. However, if a nuclear war occurs, then there is no point to store bitcoin as the internet connection will be lost there, it's better to use gold in that case, but the most important thing is to survive and meet basic food needs.

Indeed. Maybe it will just depend on the areas which will be affected by this war, if such thing will happen. Participation of other countries are always considered when it comes on measuring its damages to economies. Another thing is that, if one country is having huge contributions to cryptocurrency industry, and something happened, there is a possibility of a counterpart in this industry as well. It is just hard to determine at this moment because eversince WWII, no war has been globally devastating and most of the time, countries involved are only having areas of direct devastation, and not the whole country itself.

If countries who are big contributors on bitcoin's growth participate in this war, then there will be issues in bitcoin's price yet again, people will panic sell and due to that, the price will drop drastically. Plus not to mention if this war goes on a global scale, internet will not become as readily available as it is right now, so everyone would have a problem accessing it and bitcoin will undergo a temporary or a permanent, depending on the situation, paradox of value.

Let's look at covid - the initial market panic made Bitcoin drop 50%, then both it and stocks recovered and entered a bull run, likely for different reasons, but still. Bitcoin is now viewed as an insurance against inflation caused by covid's damage to the economy.

If a war would have similar effects to covid on the economy, you could expect some growth, but for that to happen major powers like US and China need to be significantly involved, and that would make this war very risky because of the nuclear threat, and you don't want to hold Bitcoin in a nuclear apocalypse. But realistically, such war would only be a local one, with big powers only providing aid to the fighting countries. So in this case Bitcoin won't be affected.

I do agree with this, the influence that middle East has is diminishing in the world, with the world moving more towards green energy now, what happen in the Middle-East will likely remain regional issue IMO. As for Crypto, if you are talking about Asia, I will say it is going to affect Crypto greatly but not Middle East because not much money is entering the space from that part of the world