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Topic: Would another war in the middle east affect crypto - page 2. (Read 466 times)

legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
I'm hoping Biden isn't a warmonger.  If I can't say anything else positive about Trump, I can at least say he wasn't out to start wars.

they are all warmongers, the problem is that there aren't any weak countries left to invade and start a war with. they are either already under US invasion such as Iraq, Afghanistan, .... or they are already being milked dry like UAE or they can punch back hard. so each US president for the foreseeable future has to continue the existing wars like what Trump did despite him and his team trying so hard for at least 2 years to start a new war in M.E.
legendary
Activity: 3458
Merit: 6948
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I doubt even a serious world event like this would affect bitcoin in a significant way (though I could be very wrong), and I say that because the world has seen a lot of shit since bitcoin was born and none of it seems to drive its price up or down.

The only way some political tensions could affect bitcoin would be if it put fiat currency in trouble--but that's already happening with the rampant money printing and stimulus checks that someone at some point is going to have to pay for.  That's the reason why big companies like MicroStrategy are buying BTC instead of holding cash, and to me it looks like that buying did indeed have a huge effect on bitcoin's price.

I'm hoping Biden isn't a warmonger.  If I can't say anything else positive about Trump, I can at least say he wasn't out to start wars.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
don't worry these two countries have been "planning" to attack each other and wipe each other out for 40 years now. it is all hot air and neither one is capable of attacking the other specially not Israel with their silly airstrike plan which even a child can see is impossible.
besides Middle East has been at war for a very long time now thanks to US and it hasn't affected crypto so far, why should a new war change that?
legendary
Activity: 3752
Merit: 1864
Do you believe there is a chance bigger than 0.0 for Russia to go to war against the US over Iran? Let's be serious.

If, by any chance, Israel were to attack Iran (and I don’t think that’s a realistic option at all), I’m sure Iran wouldn’t be left without the help of its allies, and I mean China and Russia in the first place.  Although Iran is under sanctions, China and Russia have no reason to enforce those sanctions, when they themselves are victims of something similar.

Do you really think China has such goals? Smiley
China dreams of restoring / expanding its status, the status of a center of influence in Asia! China is now very important to the maximum weakening of Russia, the same Iran, India. The first one is a resource appendage of China, historical Chinese territories - to support patriotism (Siberia is ours!). Iran is the center of destabilization in the region. India is a real competitor in many areas. And it goes without saying that he is categorically not interested in resisting in a showdown with the United States, in spite of some ideological confrontation. China is the east, and the east has always been logical, smart and cunning!
sr. member
Activity: 1316
Merit: 254
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After the wars, people started to go back into the economic recovery phase, I know this from countries that suffered from war, and it took them many years to live in peace average, and it would be bad if war happened. I don't know what it will be like because looking at these two countries I have a feeling of fear about their weapons, it's really too dangerous for me to think, if war breaks out those weapons will use on humans. Once the war breaks out I won't care much about the price, I'll just pray for everyone's peace.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
Bitcoin has long become a part of the financial which means it can be affected by multiple occurrences happening globally. And if bitcoin is affected, it is certain that other cryptos will walk the same path. None crypto can survive when bitcoin is being struck. However, in my opinion, such wars only have positive affect on the price of bitcoin because people will choose it as a type of safe havens helping them to keep their money safe. Thus, the bitcoin' price can surge strongly under this circumstance.
 
But in my opinion, governments from around the world always try to avoid any war because they understand that wars do not bring more economic advantages. Only blood and devastation are created by war. Therefore, war is unlikely to happen in the near future, especially in the middle east

legendary
Activity: 2058
Merit: 1270
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The level of the war will also determine the impact it will have on crypto and other Investments, if it's a war between just two countries, then there'll definitely be a plunge, but it's highly improbable that there could be a war between just two countries, as allies of both parties are always bound to join in that battle and make it a full blown war.

Having said that, a war is really marked with destruction, and in the event it happens in major world power nations, then crypto would plunge massively, as well as other investments, it's people who pump money into these things that makes it grow and continues to appreciate, in a war, only one thing comes to mind, and that's survival. An economic plunge, printing more money etc, can affect crypto positively, but I think a war is too extreme, and could severely harm the currency. I wouldn't even try to put my money into anything in an event of a war, I'd be worried only about staying alive.
sr. member
Activity: 1666
Merit: 292
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Certainly it will have a strong impact on the economy in the war-affected country, I have seen it happen when small civil wars in my country and people look to new places to keep their properties. So I think if war happens then the price of bitcoin will skyrocket within the IRAN itself and Israel, but hopefully it won't.
hero member
Activity: 2156
Merit: 891
Leading Crypto Sports Betting and Casino Platform
I think it would more likely affect people in that area which are involved in this technology, perhaps investors. But I doubt it will affect this industry in general. My proof to this is this pandemic when it has just started. Many people are assuming that it will negatively affect the market but no thing's really been affected except for those people in China who were highly affected by lock downs, but still no thing's severe. Although these are two different situations, I think the result will be somewhat having similarities because both problems are assumed to affect areas within the problem.
legendary
Activity: 3234
Merit: 5637
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Do you believe there is a chance bigger than 0.0 for Russia to go to war against the US over Iran? Let's be serious.

If, by any chance, Israel were to attack Iran (and I don’t think that’s a realistic option at all), I’m sure Iran wouldn’t be left without the help of its allies, and I mean China and Russia in the first place.  Although Iran is under sanctions, China and Russia have no reason to enforce those sanctions, when they themselves are victims of something similar.

Iran and China have quietly drafted a sweeping economic and security partnership that would clear the way for billions of dollars of Chinese investments in energy and other sectors, undercutting the Trump administration’s efforts to isolate the Iranian government because of its nuclear and military ambitions.

The partnership, detailed in an 18-page proposed agreement obtained by The New York Times, would vastly expand Chinese presence in banking, telecommunications, ports, railways and dozens of other projects. In exchange, China would receive a regular — and, according to an Iranian official and an oil trader, heavily discounted — supply of Iranian oil over the next 25 years.



If, in any case, a war occurs, it will all depend on whether it is of a local character or whether large military forces are actively involved in it.  The US considers Israel one of its greatest allies and will always defend its interests, but I do not believe that they will ever take part in an open war against Iran - because when they go to war, they choose much weaker opponents.

The only ones who profit from wars are arms manufacturers and distributors, so if someone really thinks there will be a war in the future, don't worry too much about cryptocurrencies or gold - if nuclear bombs start to fly through the air, nothing will matter.
legendary
Activity: 3752
Merit: 1864
I don't know if the crypt will become more expensive, but it's probably worth talking about the root causes and "gray cardinals" in more detail. Do you really think that Iran on its own, without additional, outside help, will show aggression and attacks towards Israel? Iran alone does not have the ability to confront Israel, provided that we understand very well that the United States will clearly support Israel. Therefore, I recommend thinking about who needs destabilization in the region and creating problems for the state, which is not only fighting for its survival, but also for some kind of stability in the region.
Draw a broken line on the map between, for example, Haifa, Mosul, Nakhichevan. Tell me what do you see? And if on the right these lines are zones of instability, hostilities, terrorist attacks? What can't be done? Think GLOBALLY
legendary
Activity: 3150
Merit: 1392
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Firstly, I don't think this war will happen. Right now, the world economy is declining and the US continues to lose money due to the pandemic, so putting lots of money into a war in a time like this is not something that would gain enough support. Secondly, even if the war happens, I don't think Bitcoin would be impacted, not in the long-term anyway. Bitcoin recovered from the pandemic announcement within months, and I think a war in the Middle East is not something that could have more impact than that.

legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
Well any political instability will cause global traders to start looking for some safe havens and we know some traders see Bitcoin as a Safe haven, so I would say.. yes... it will happen.

That said.... not a lot of institutional traders see Crypto currencies as a Safe haven, so they will rush to buy traditional safe havens like Gold and Silver. Bitcoin is a bit too volatile for professional traders to take it serious as a "safe haven" ...but they will speculate with it as a short term high risk investment.  Wink
legendary
Activity: 2898
Merit: 1823
If there is a real, full-scale war between Israel and Iran, the crypto could explode.

Yeah, and shatter into one hundred thousands piece...

You people are nuts, for you everything that is bad in this world will be good for crypto, disease, wars, economic crisis.
Everyone said covid will be good for crypto yet in March coins dropped like a stone what do you think will happen if war breaks out?
Everyone that gets killed, loses their job, see a huge hike in every price out there will put in crypto the money he has lost?
You really think that a guy who is on the verge of being penniless will put one dime into crypto so you could be happy on your gains on some obscure shitcoin you hold dear so much?

For the public, crypto is a good way for them to protect their investment during the war.

In how many wars have you been? Pure curiosity?

A war in the middle east won't have any major impact on the crypto industry,but there's a small possibility that such war might turn into a world war(if USA and Russia join),so the potential risk for the world economy and the crypto industry remains.

Do you believe there is a chance bigger than 0.0 for Russia to go to war against the US over Iran? Let's be serious.


To be serious? I believe the only  “World War” within 20 years possible is between the United States and China. Once the U.S. military is threatened with China’s growing military and they move to take over as “The Super Power”, a war would be in the inevitable in my opinion. Or a higher probability of more than 50%.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
If there is a real, full-scale war between Israel and Iran, the crypto could explode.

Yeah, and shatter into one hundred thousands piece...

You people are nuts, for you everything that is bad in this world will be good for crypto, disease, wars, economic crisis.
Everyone said covid will be good for crypto yet in March coins dropped like a stone what do you think will happen if war breaks out?
Everyone that gets killed, loses their job, see a huge hike in every price out there will put in crypto the money he has lost?
You really think that a guy who is on the verge of being penniless will put one dime into crypto so you could be happy on your gains on some obscure shitcoin you hold dear so much?

For the public, crypto is a good way for them to protect their investment during the war.

In how many wars have you been? Pure curiosity?

A war in the middle east won't have any major impact on the crypto industry,but there's a small possibility that such war might turn into a world war(if USA and Russia join),so the potential risk for the world economy and the crypto industry remains.

Do you believe there is a chance bigger than 0.0 for Russia to go to war against the US over Iran? Let's be serious.
newbie
Activity: 23
Merit: 0
For the public, crypto is a good way for them to protect their investment during the war. So, maybe the middle east war will help the price increase, I guess......
newbie
Activity: 25
Merit: 0
The impact of the war in the Middle East is not as good as Musk's twitter
legendary
Activity: 2898
Merit: 1823

I truly hope war can be avoided. And that real war never occurs in anyone's lifetime. But if there was a serious war or natural disaster and you had to stake your wealth and welfare on fiat, precious metals or cryptocurrency. What would your choice be. And why.


Bitcoin, I have bought the dips until $20,000, and I have HODLed most of it for a long time, I have no reason to stop. But if I choose to invest my Bitcoins in something else, I will buy a small piece of real estate/land.
newbie
Activity: 14
Merit: 0
I don't think so, there are few people have bitcoin who living in the middle east, and following the recently news, big company and celebrites could influence bitcoin most.
hero member
Activity: 3094
Merit: 929
What's the benefit for Israel,if they start a war with Iran?
The prime minister of Isreal isn't very popular,a war might boost his rating(or it might have the opposite effect).
I don't consider Iran to be a regional superpower,they have their own economical and social problems.
We've all seen the rumors that Iran is using cryptocurrency to avoid the US sanctions,but is this really true?
A war in the middle east won't have any major impact on the crypto industry,but there's a small possibility that such war might turn into a world war(if USA and Russia join),so the potential risk for the world economy and the crypto industry remains.
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