Bitcoin Forum

Economy => Speculation => Topic started by: DavidBAL on May 05, 2013, 05:52:02 PM



Title: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: DavidBAL on May 05, 2013, 05:52:02 PM
http://www.zerohedge.com/node/473605

Evidently Israeli jet was shot down while bombing an Iranian missile site in Syria. Israel responded by bombing the shit out of Damascus. All out conflict (if you dont consider it this already) could be within the next day or two. This is going to cause crazy capital controls and a total implosion of the remaining banking infrastructure in Syria. Will this cause syrians to flee to the anonymity, statelessness, and relative  stability (I use that term lightly) of btc? If only a few wealthy status quo individuals wanted to hedge the political risk to their fortunes, they could easily just park a few million in btc. Does anyone know how easy it is to purchase btc there?


EDIT: Found this, from sourgeforce "The specific list of sanctions that affect our users concern the transfer and export of certain technology to foreign persons and governments on the sanctions list. This means users residing in countries on the United States Office of Foreign Assets Control (OFAC) sanction list, including Cuba, Iran, North Korea, Sudan, and Syria, may not post content to, or access content available through, SourceForge.net. Last week, SourceForge.net began automatic blocking of certain IP addresses to enforce those conditions of use."


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: itsgoldbaby on May 05, 2013, 05:53:58 PM
So Israel was bombing Syria, and then the jet gets shot down. This is apparently an act of war, nevermind that they are bombing these people? I must be reading something wrong...


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: DavidBAL on May 05, 2013, 06:01:06 PM
So Israel was bombing Syria, and then the jet gets shot down. This is apparently an act of war, nevermind that they are bombing these people? I must be reading something wrong...

Yea I don't care much for the politics over there, but people are people and in times of crisis they all need similar things.


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: MAbtc on May 05, 2013, 06:05:47 PM
Do you know what has been happening in Syria for the past 2+ years?


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: DavidBAL on May 05, 2013, 06:06:44 PM
Do you know what has been happening in Syria for the past 2+ years?

Yea but a War with Israel is different, thats the end game. It's like when NATO got involved in Libya.


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: MAbtc on May 05, 2013, 06:07:53 PM
No. This topic is ridiculous. These topics are getting so fucking ridiculous.


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: Gabi on May 05, 2013, 06:09:27 PM
Syria is a bit like Libya

If Israel attack Syria then the Assad regime will finally collapse.


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: underground_ on May 05, 2013, 06:09:53 PM
No. This topic is ridiculous. These topics are getting so fucking ridiculous.

They'll only get worse as we slide downwards.


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: DavidBAL on May 05, 2013, 06:10:29 PM
No. This topic is ridiculous. These topics are getting so fucking ridiculous.

You don't think there is a correlation between global instability and btc? There is with gold, and I personally see btc as gold on steroids..


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: Gabi on May 05, 2013, 06:12:49 PM
A collapse of the syrian regime is not "instability" in my opinion. Actually it can mean moar people able to use bitcoin


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: ironstove on May 05, 2013, 06:22:57 PM
Wtf??????????


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: gizmoh on May 05, 2013, 06:29:07 PM
Bulls' FUD topic..


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: mmitech on May 05, 2013, 07:07:06 PM
and you really care about BTC price over peoples Blood!!!! what people have become to, I am so offended and disappointed right now that I can not even describe the feeling.


so you  hope that this will help BTC price to go up, if yes than i think you wish that the world will burn to have your moment and your little profit over human lives, if you think the price will go down because if it so you will sell your BTC to not make any loses, this is all what you care about right !!



forget about BTC price and look at it as a serious issue , I just wish that the killing will stop already, I was watching what is happening in Syria and what was happening in Lybia and Tunisia and between Israel and Palestine. I just can't follow any more it is sad that this just continue with all the world watching and no one cares.


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: Awhut on May 05, 2013, 07:10:20 PM
and you really care about BTC price over peoples Blood!!!! what people have become to, I am so offended and disappointed right now that I can not even describe the feeling.


so you  hope that this will help BTC price to go up, if yes than i think you wish that the world will burn to have your moment and your little profit over human lives, if you think the price will go down because if it so you will sell your BTC to not make any loses, this is all what you care about right !!



forget about BTC price and look at it as a serious issue , I just wish that the killing will stop already, I was watching what is happening in Syria and what was happening in Lybia and Tunisia and between Israel and Palestine. I just can't follow any more it is sad that this just continue with all the world watching and no one cares.

What are we supposed to do about the situation in Syria as individuals? Speculating on how the movements of governments will affect bitcoin hurts nothing and makes us better traders. Make some $ on BTC and maybe you can buy some real change with it.


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: rebuilder on May 05, 2013, 09:12:34 PM
Is there a robust exchange available to Syrians, locally? If not, I don't see any significant cashflow into Bitcoin there. See what happened in Cyprus - once your funds are held, it's too late to transfer them anywhere.


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: ShroomsKit on May 05, 2013, 09:15:01 PM
This topic is just so weird.


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: phoenix1 on May 05, 2013, 09:24:35 PM
This topic is just so weird.

Yup ... ifs fucked up

People dying ... quick, lets see if we can profit from it. Is that really who you want to be and how you want to get rich ?
Fine ... if the suit fits, wear it. Does not fit me though ...


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: arepo on May 05, 2013, 09:26:20 PM
This topic is just so weird.

Yup ... ifs fucked up

People dying ... quick, lets see if we can profit from it. Is that really who you want to be and how you want to get rich ?
Fine ... if the suit fits, wear it. Does not fit me though ...


it's worse because the only place where these kinds of events affect the bitcoin price in any predictable way is the same place where the Cypriots fueled the latest bubble -- in the delusional minds of irrational bulls.


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: Arcas on May 06, 2013, 01:24:47 AM
Is this going to be another Cyprus, where the actual event causes like a .5% spike, where the speculation predicting it causes a 100% spike?


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: hlynur on May 06, 2013, 03:01:19 AM
seriously what kind of thread is this?
If you use your brain for some minutes just realize that syria is in a civil war for 2 1/2 years.
Assad loosing more and more control, hisbollah miliz coming from lebanon to help him out (which is why israel is getting involved).
On the other side western governments play hard to get too much involved directly because they don't want to get burned like in iraq or afghanistan
and muslim extremists begin to get more and more influence by supporting local population and freedom fighters.

This country will be destroyed for the next 5-10 years and will perhaps slip into a political system ruled by islamic law like in iran.
Ever thought of iranians buying bitcoins?

On top there is no digital infrastructure comparable to western countries to back up any use of bitcoin right now.
How can you come up with the idea that conflicts like this have any relation to btc whatsoever?
Stick to potential markets like china. BTC can just get roots in countries with a modern infrastructure, tech-savvy population and a wide educated social class with decent wealth to spend.
Syria is far from that in its actual state and in no term comparable to cyprus (where everything was about financial crisis and an extremly blown up banking sector for such a small country)

sometimes i think people can't emphatize what a war actually means for a country.
Syrians are more concerned about having food for the next day and how they can protect their family or flee to another country instead of thinking how to buy bitcoin.
absolutely naive 1st world thought process imo.

edit: only influence i see is perhaps if the conflict backfires over israelian border. Israel is a much more developed country with a big class that could think about bitcoin investments during wartimes
(though i highly doubt this would happen. during wartime goods are much more important than some cryptocurrency which is useless if there's no constant power supply to fuel digital networks).
And there are still many other ways to move money than with bitcoin. And bigshots in countries like syria (with small rich elite classes) probably have already parked their money on bank accounts in some tax havens, and I hope these fuckers stay out of bitcoin because it's exactly these guys who are the problem in the first place.


Title: Re: Israel accuses Syria of act of war... demand for bitcoin to rise?
Post by: fitty on May 06, 2013, 06:32:47 AM
Do you know what has been happening in Syria for the past 2+ years?

Yea but a War with Israel is different, thats the end game. It's like when NATO got involved in Libya.

They've been at war with Israel for 60 years. That "end game" has been going on for 1000s of years.

NATO bombing in Libya wasn't really a big deal.

This won't be a big deal. What is going to happen? They'll hate Israel even more? Iran won't do shit. SA won't do shit. Here's a pro tip, they like making money as much as we do. The people in power are billionaires, they like enjoying their billions, status quo works just fine for them. Lots of talk, nothing will come of it.

And it has nothing to do with Bitcoin. This is probably the most retarded thread so far this month.