Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: SabrinaBianka on January 10, 2020, 10:00:46 AM



Title: War affects the Entire Cryptocurrency?
Post by: SabrinaBianka on January 10, 2020, 10:00:46 AM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Teraboy on January 10, 2020, 10:50:45 AM
It looks like true but it will be not 100% correct as the commodity such as gold is also touching new ATH and that means people are converting their money into the bitcoin and gold to save their lives.
Remember when the conflic was happening and the price of bitcoin on iran local exchange site was around 24k. that means so many people are being scared caused by the possibility for that country to face WW3.
That's totally affecting gold and crypto.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Nadziratel on January 10, 2020, 10:53:45 AM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

I don't think we have an argument for that. We have not experienced so much tension between Iran and the US so far. (Thank god).

The value of the USD and oil prices can be deeply affected by such problems. However, the same is hard to say for the BTC. There are not many examples about BTC. But even if it has an impact, let Bitcoin price fall instead of war.


Title: Re: War affects the Entire Cryptocurrency?
Post by: joinfree on January 10, 2020, 11:35:10 AM
Well to some extent it does as it was clearly seen that the entire crypto market was in an upward swing when the rumours of war between Iran and US was intense. You can see clearly that once the tempers cooled down the crypto market is reclining back to its previous level. Also heard some actions are being taken to reduce the war powers of Trump hence there is not going to be any wars


Title: Re: War affects the Entire Cryptocurrency?
Post by: btcdie on January 10, 2020, 11:49:55 AM
Bitcoin or crypto, can indeed be a savior of wealth when tense conditions such as war or economic crisis. therefore, investors trust crypto in addition to showing the future, crypto is also a savior of wealth. It seems that not only Bitcoin has jumped, but other assets too, especially gold. after the US and Iran are starting to cool, it seems that the price of bitcoin is gradually returning to its original level. I think this is the beginning before halving began, investors have returned at this time.


Title: Re: War affects the Entire Cryptocurrency?
Post by: BigBos on January 10, 2020, 12:04:20 PM
crypto has transactions that are difficult to trace, so this is very useful for such circumstances. however, many argue that the price of bitcoin is rising at this time due to the condition of Iran and America. it is most likely related to fast transactions, so crypto is utilized. yeah, the best crypto to use in this condition is bitcoin


Title: Re: War affects the Entire Cryptocurrency?
Post by: g4r1n1m on January 10, 2020, 12:12:35 PM
its CRAP and fake news.. people want to find reasons for pump or dump just anywhere



Title: Re: War affects the Entire Cryptocurrency?
Post by: nicolas1979 on January 10, 2020, 12:24:44 PM
I think crypto will get impact from war because we can see bitcoin pair is USD. When something happen with USD of course bitcoin will get impact. We still can predict if war really happen but I'm sure war create monopoly and not healthy condition market for crypto users. Bitcoin can be used to support financial activity and can't be tracked. Most bitcoin get from currency as starter and war can change currency value. Like or not this is reality but I'm sure this is good sign that crypto is valuable.


Title: Re: War affects the Entire Cryptocurrency?
Post by: naikturun on January 10, 2020, 12:35:34 PM
like diversion, where someone or a group uses this news for their benefit, yes even though it might be true, they try to protect their assets by buying BTC.
maybe because of the booming news they were afraid that would happen.


Title: Re: War affects the Entire Cryptocurrency?
Post by: zenhu on January 10, 2020, 12:42:58 PM
I don't think so, war between Iran and US not affected the entire cryptocurrency at all, it make people move into safe heaven like gold, silver, etc. Regarding that bitcoin's price pump, i don't have idea about that. As you can see gold price pump until $1600 per toz after declared war, so its not make sense if you said btc pump because of war.


Title: Re: War affects the Entire Cryptocurrency?
Post by: riso2015 on January 10, 2020, 12:47:11 PM
like diversion, where someone or a group uses this news for their benefit, yes even though it might be true, they try to protect their assets by buying BTC.
maybe because of the booming news they were afraid that would happen.
If they really protect their assets by buying Bitcoin then of course it can affect the price of Bitcoin on the market. But war is not a reason that can make the price of Bitcoin increase. That's only because demand is increasing so many are buying Bitcoin.


Title: Re: War affects the Entire Cryptocurrency?
Post by: xZork on January 10, 2020, 12:48:22 PM
Tensions in the Middle East not only caused bitcoin's price to rise, but it also increased the price of gold and oil. People are worried about a war so they try to find a safe place to store their possessions.
Perhaps the war situation sees people support cryptocurrencies but I think that is not the only reason. The price of bitcoin has increased in part because people have realized the value of bitcoin, which is a very good currency for people to deal with risks.


Title: Re: War affects the Entire Cryptocurrency?
Post by: kapalmabur on January 10, 2020, 12:49:38 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
not only you own that reason, many media have brought up the issue with cryptocurrency,
the fact that the price of Bitcoin is indeed going to $ 9,000 after the news.


Title: Re: War affects the Entire Cryptocurrency?
Post by: watergold on January 10, 2020, 12:53:04 PM
I am still not sure about this that the war between Iran and America sparked its price of bitcoin. I just thought that the spike was caused by several factors making it difficult to say that the Iranian and As war would bring impact to investors.
But I think believing in halving even though there are still a few more months maybe this is a pump for the beginning of the year so there are many requests to be detained until halving arrives in May.


Title: Re: War affects the Entire Cryptocurrency?
Post by: masterrex on January 10, 2020, 01:23:04 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
Who says that Iran declared war on United States, i think its a wrong interpretation because they are not, they are just sending a strong message to the U.S out of its anger due to the death its very popular Iranian army general and I don't think those scalation between Iran and the U.S will bring good in the crypto market, in my opinion no conflict or war will produce good results but only devastation, back to the cryptocurrency topic i think the bitcoin price uptrend was due to the new investors coming and pouring in money into the crypto market since its a new year already and i believe that 2020 has many more opportunities to explore specially in the cryptocurrency investment sector.


Title: Re: War affects the Entire Cryptocurrency?
Post by: duuuuude on January 10, 2020, 01:33:21 PM
Of course, news of this kind will affect the growth of prices of fixed assets because sometimes fear forces people to build bunkers, what can we say about currency. A crisis can always either take everything away or make it rich.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Eclipse26 on January 10, 2020, 01:37:16 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
It's very selfish to say that this situation is favorable for crypto investor when other people's lives are on the risk. But you are right at some point that their situation affects crypto market positively.  After this conflict arises, the price slowly increased. That's a normal reaction for people that will possibly get affected when war occurs. They tend to find alternatives for their money and assets.


Title: Re: War affects the Entire Cryptocurrency?
Post by: anjiitem on January 10, 2020, 01:40:59 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

I don't think we have an argument for that. We have not experienced so much tension between Iran and the US so far. (Thank god).

The value of the USD and oil prices can be deeply affected by such problems. However, the same is hard to say for the BTC. There are not many examples about BTC. But even if it has an impact, let Bitcoin price fall instead of war.
Right you say, it's better to decrease the price of bitcoin compared to war. And for me personally, if such a war takes place, maybe the price of cryptocurrency could be affected like oil prices. But I do not expect that the war will occur and for me it is better that the price of cryptocurrency decreases compared to a war like what you say. And we can certainly continue to fight and survive to produce profits from cryptocurrency in any market conditions.


Title: Re: War affects the Entire Cryptocurrency?
Post by: kolonel_x on January 10, 2020, 01:41:17 PM
True, this could be due to the influence of the Middle East war with the US so many are polemic about the price of bitcoin, I got some news in the article and I see that the price of bitcoin in Iran has reached $ 24,000, is that true? I am still confused why the price is not so the same as the global market.
Maybe it's just that difference so that many investors think global bitcoin prices will reach that much, so that many requests go up so that bitcoin is pumped.


Title: Re: War affects the Entire Cryptocurrency?
Post by: kenelmark on January 10, 2020, 01:45:06 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
It means that some people in the Middle East are afraid that their real assets will be destroyed through war, so they secure it in the form of digital coins, I think it will greatly affect the price of cryptocurrency coins, but not all of them affect, only a few, and indirectly the investors there will benefit greatly.


Title: Re: War affects the Entire Cryptocurrency?
Post by: AbuBhakar on January 10, 2020, 01:48:30 PM
True, this could be due to the influence of the Middle East war with the US so many are polemic about the price of bitcoin, I got some news in the article and I see that the price of bitcoin in Iran has reached $ 24,000, is that true? I am still confused why the price is not so the same as the global market.
Maybe it's just that difference so that many investors think global bitcoin prices will reach that much, so that many requests go up so that bitcoin is pumped.
I don't believe the $24k issue, I don't think there is a way that they will in that expensive amount in any exchanges. Though we can really notice the impact of the said war in the market as we see the price increase in the past few days especially in bitcoin.


Title: Re: War affects the Entire Cryptocurrency?
Post by: malekbaba on January 10, 2020, 01:50:15 PM
There will be many ifs...
1. If war progress, people of Iran may buy btc to save their savings as btc can be withdraw anytime from anyplace if they grab the keys.
2. In critical situation people may sale btc
3. What if Russia and China comes into action and war spread globally? If mining operation become interrupted, then?
4. What if numerous btc whales die in the war? Or some whales lost their priv keys or hardware wallet....

There are many if, there will be many more possibilities if war progress. But wr dont wabt war. We love peace.


Title: Re: War affects the Entire Cryptocurrency?
Post by: deathcode on January 10, 2020, 01:51:15 PM
True, this could be due to the influence of the Middle East war with the US so many are polemic about the price of bitcoin, I got some news in the article and I see that the price of bitcoin in Iran has reached $ 24,000, is that true? I am still confused why the price is not so the same as the global market.
Maybe it's just that difference so that many investors think global bitcoin prices will reach that much, so that many requests go up so that bitcoin is pumped.
I don't believe the $24k issue, I don't think there is a way that they will in that expensive amount in any exchanges. Though we can really notice the impact of the said war in the market as we see the price increase in the past few days especially in bitcoin.
but you can see that the increase is not just bitcoin. this time the market looks good when altcoin and overall the market follows what bitcoin is doing. it's not like growth is dominated by bitcoin now altcoin is starting to follow suit and hopefully, this will continue gradually.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Xcode7 on January 10, 2020, 02:47:37 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
I can be sure that this is between them, which can affect market prices and also not, because the US has the power which we know cryptocurrency refers to the USD, and this makes some investors who expect a lot, experience excessive tension. But I do not feel war affects market prices, I think that's how our views remain calm in facing this kind of crisis situation, of course our best hope is that this does not affect cryptocurrency.


Title: Re: War affects the Entire Cryptocurrency?
Post by: nxnqauff on January 10, 2020, 02:58:00 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

This is exactly what I mentioned in the other thread just now. War will not happen for sure. But rumours about war will get crypto markets high and conventional markets down. Balanced play is good in these circumstances.


Title: Re: War affects the Entire Cryptocurrency?
Post by: desticy on January 10, 2020, 03:42:43 PM
War can affect the price of bitcoin in different ways.
On the one hand, the price of bitcoin can rise due to the fact that one of the warring countries is able to block the financial flows of another country,
which will lead to the search for alternative financial gateways that are not controlled by the global monetary system. In this case, bitcoin may well become a saving zone for this kind of transaction.


Title: Re: War affects the Entire Cryptocurrency?
Post by: nicster551 on January 10, 2020, 03:45:50 PM
Yes I must say that war have help the industry a little bit in terms or marketcap as people think that bitcoin is much safe than their stocks or fiat money. But we dont need war just for the market to recover. Massive adoption is coming as the time goes by, we just need to wait a little bit.


Title: Re: War affects the Entire Cryptocurrency?
Post by: iamsange on January 10, 2020, 04:25:51 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
If people change their assets into cryptocurrency, so it an bring positive things for the crypto. Because in market, more demands will create high value of cryptocurrency and if there are no problem because of war that can affect other countries, i think they will get advantage from it.


Title: Re: War affects the Entire Cryptocurrency?
Post by: onyek16M on January 10, 2020, 04:53:09 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
of course war issue help investor so much, in few days all cryptocurrency include bitcoin increase high price. not only cryptocurrency but in real life such gold also increase price, i am sorry to said about i am happy with war affect today. i hope it only war issue not really world war 3. although the affect is good all cryptocurrency increase price but war is not good to do



Title: Re: War affects the Entire Cryptocurrency?
Post by: GGmith on January 10, 2020, 04:56:51 PM
not profitable, actually this can worsen the situation of the cryptoqurrency market especially at the price of bitcoin. but it's a different story if the Iranian / American countries don't have bitcoin investments / only have their own cryptoqurrency, it only impacts their own coins.


Title: Re: War affects the Entire Cryptocurrency?
Post by: acdc on January 10, 2020, 05:07:33 PM
It's clear that tensions in the Middle East have caused the price of cryptocurrencies to soar in recent days. War often leads people to lose faith in fiat money and find a safe investment channel. Previously gold, oil, dollars were such channels of investment, but since bitcoin was born it clearly has advantages over old investment channels. With cryptocurrencies you can bring assets away from the fight quickly, gold and dollars can hardly do that.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Script3d on January 10, 2020, 05:11:41 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
of course war issue help investor so much, in few days all cryptocurrency include bitcoin increase high price. not only cryptocurrency but in real life such gold also increase price, i am sorry to said about i am happy with war affect today. i hope it only war issue not really world war 3. although the affect is good all cryptocurrency increase price but war is not good to do


i dont think war helps the grow of cryptocurrency at all, i think it hurdles the growth, not only that it also affects stock market and other economic things, having a war happening will never gonna turn into positive thing, but bitcoin is very young i don't think the war could affect the price of cryptocurrency, selling your belongings for crypto is not a good idea at all, especially when there's a tension happening between countries.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Divinespark on January 10, 2020, 05:16:19 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
I think they sold stocks and bought gold because gold was a safe haven and wasn't too much affected by the war. There is no reason why they would buy bitcoins because the price of bitcoin is being manipulated and it could collapse anytime, it's too dangerous to buy and take refuge. The reason bitcoin went up is probably due to the influence of gold, the price of gold has risen rapidly and broke the ATH so it has helped the cryptocurrency market increase a bit.


Title: Re: War affects the Entire Cryptocurrency?
Post by: key4co.in on January 10, 2020, 05:27:02 PM
When many people started saying the uptrend in BTC price was as a result of the war threats, insinuating that people in the regions concerned are buying Bitcoin, I didn't really like that notion because the uptrend was supposed to be stirred by halving instead. However, the price decline after Trump's peaceful statement prove that there is some sense in that argument. This shows how BTC price can be affected by unforseen contingencies.


Title: Re: War affects the Entire Cryptocurrency?
Post by: StephenieDuong on January 10, 2020, 05:29:41 PM
I think war do have lots of effect to crypto, especially bitcoin. In 2017, North Korea also have many actions may lead to war and this time bitcoin grow up much. For now, i dont think there will much difference because bitcoin is good and safety asset to be hold and carry.


Title: Re: War affects the Entire Cryptocurrency?
Post by: dark08 on January 10, 2020, 05:36:52 PM
I think war do have lots of effect to crypto, especially bitcoin. In 2017, North Korea also have many actions may lead to war and this time bitcoin grow up much. For now, i dont think there will much difference because bitcoin is good and safety asset to be hold and carry.

The war between America and.Iran gives bitcoin an opportunity to pump up so hard maybe because Iran buy bitcoin to make buy a weapon that trigger to the people also to make action and buy bitcoin and now the war was end.


Title: Re: War affects the Entire Cryptocurrency?
Post by: ChronoLite on January 10, 2020, 07:22:54 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
actually almost all of the cryptocurrencies are going up especially on this kind of situation, where world war 3 that hopefully it won't happen and this trend makes the price like oils, stakes and cryptocurrency are going up. just look at bitcoin it's up by 10% which is really crazy in my opinion.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Pinkris128 on January 10, 2020, 07:28:02 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
actually almost all of the cryptocurrencies are going up especially on this kind of situation, where world war 3 that hopefully it won't happen and this trend makes the price like oils, stakes and cryptocurrency are going up. just look at bitcoin it's up by 10% which is really crazy in my opinion.
Indeed. Gold and oil recently move up last week, so if the war between Iran and US will officially happen there is a chance that cryptocurrency will increase it's value, especially bitcoin because a lot of people will used bitcoin to keep their assets secured or safe. But i hope the war will not happen even it will help bitcoin to move up it's price because it can be the cause of human extinction.


Title: Re: War affects the Entire Cryptocurrency?
Post by: abeecrypto on January 10, 2020, 08:05:20 PM
Now, this is the point normal people both like and hate what is happening. Yes, some like that the whole war situation is booming the crypto market. But, no, many do not like the whole war situation.
I go with ‘no war’. The crypto market will still boom in the future, anyways. I pray the disagreement dies down, and there to be peace. 


Title: Re: War affects the Entire Cryptocurrency?
Post by: vintages on January 10, 2020, 09:35:02 PM
Still don't understand why people are linking the whole thing together, I personally feel they don't correlate. Bitcoin sudden rise may not be linked to the war threat between USA and Iran. Though, there might be an increase in the price of Bitcoin if there is war because of inflation but we can't be sure this present rise is because of it. Anything might have triggered it. People might be be buying to invest for the year, we never can tell.


Title: Re: War affects the Entire Cryptocurrency?
Post by: samcrypto on January 10, 2020, 09:42:22 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
This is just a theory and no way to prove this one aside from having a real war. Well, let’s not hope for this one and let’s hope that bitcoin will go up even if there’s no war. The price is pumping again, this is just an speculation but i also think bitcoin moves before because of the tension in the middle east. Bitcoin might be safe for them that’s why they are coming in, or whales can also be the reason of the pump.


Title: Re: War affects the Entire Cryptocurrency?
Post by: jossiel on January 10, 2020, 09:53:01 PM
I don't think that it's beneficial for crypto if the war starts. If you'll notice the market now, after the small drop it's now pumping again so I think this is no longer because of the war, this is a natural cause because of halving.

As much as possible, I don't want to see a war to start because many innocent lives will be affected and even we're far from the battlefield there is a tendency that our countries will also join the war. That could happen if there's a joint agreement from our country to the affected alliance country.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Rengga Jati on January 10, 2020, 11:10:52 PM
-snip-
This is interesting. However, Is this sure? I think that the price of BTC is still fluctuating. Well, it has some increase in some recent days after dropping at only about 7k. I only think that the price of BTC is increasing because it is after a long holiday. The market will be still changing, moreover ahead of the halving. But, if it is, sure enough, it makes sense that people will prefer to save their assets into digital or gold because of the WW3.

its CRAP and fake news.. people want to find reasons for pump or dump just anywhere
I also think so. Many issues are used to make the market down and up so immediately. Moreover, it is head tot he halving that may give a big influence on the price rage in the future. Let us see how the next change based on the developing issues.


Title: Re: War affects the Entire Cryptocurrency?
Post by: iconoclast on January 10, 2020, 11:56:14 PM
Markets are driven by fear and greed and armed conflict has always been a great contributor for driving up the fear. The danger of the conflict between Iran and the US have faded but the pump in Bitcoin has not. I think on this occasion the drone strike and subsequent retaliation broke the previous cycle that was bearish and has allowed the market to switch to a bullish phase.


Title: Re: War affects the Entire Cryptocurrency?
Post by: barabarian1 on January 11, 2020, 02:53:26 AM
yes I also think the increase in the price of bitcoin yesterday was influenced by the conflict of Iran and America. because geopolitical conflicts will affect stock prices. and so investors will move their assets to gold that is more stable, safer and has a lower risk. and also partly secures its assets to bitcoin even though bitcoin has high price fluctuations but bitcoin can still be used to store value.


Title: Re: War affects the Entire Cryptocurrency?
Post by: novaprime on January 11, 2020, 04:38:57 AM
Markets are driven by fear and greed and armed conflict has always been a great contributor for driving up the fear. The danger of the conflict between Iran and the US have faded but the pump in Bitcoin has not. I think on this occasion the drone strike and subsequent retaliation broke the previous cycle that was bearish and has allowed the market to switch to a bullish phase.
I think many other wars this year will happen and this will cause Bitcoin price to increase very quickly in the near future. Currently, the world situation is very complicated and it is impossible to predict what will happen next but many other attacks will definitely appear. Of course I don't want this to happen because it will affect the lives of so many innocent people.

In addition, any war would bring great damage to the economy of that country and certainly that is not expected.


Title: Re: War affects the Entire Cryptocurrency?
Post by: daglordjames on January 11, 2020, 06:16:26 AM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
of course war issue help investor so much, in few days all cryptocurrency include bitcoin increase high price. not only cryptocurrency but in real life such gold also increase price, i am sorry to said about i am happy with war affect today. i hope it only war issue not really world war 3. although the affect is good all cryptocurrency increase price but war is not good to do


i dont think war helps the grow of cryptocurrency at all, i think it hurdles the growth, not only that it also affects stock market and other economic things, having a war happening will never gonna turn into positive thing, but bitcoin is very young i don't think the war could affect the price of cryptocurrency, selling your belongings for crypto is not a good idea at all, especially when there's a tension happening between countries.
i agree with him, cryptocurrency doesn't have to do with the war, well it would affect the community but not with crypto.


Title: Re: War affects the Entire Cryptocurrency?
Post by: karanggatak on January 11, 2020, 06:16:42 AM
when a big country like America is at war then it will have an impact on other countries. I read the news that due to this American Iran conflict some stock prices have dropped dramatically. and this has caused some stock investors to move their assets to gold and bitcoin, which is why yesterday's price of bitcoin increased. so that when there is a conflict or war it does more or less indeed affect cryptocurrrency.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Rikotin on January 11, 2020, 06:21:43 AM
war between countries might not affect the price of cryptoqurrency, because it has nothing to do with cryptoqurrency. on the other hand it is likely to only have an impact on the price of their country's shares, especially the dollar price.


Title: Re: War affects the Entire Cryptocurrency?
Post by: maiden on January 11, 2020, 06:57:17 AM
war between countries might not affect the price of cryptoqurrency, because it has nothing to do with cryptoqurrency. on the other hand it is likely to only have an impact on the price of their country's shares, especially the dollar price.
If you think that it has no effect, let me tell you that it really has. As we can see from what is currently happening in Iran, they have started saving their money and that includes the option of buying crypto, that way, the demand is slowly increasing.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Chainsmokers on January 11, 2020, 07:56:08 AM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
Actually I do not want that war to occur and also affect cryptocurrency, I prefer conditions where everything is good and the cryptocurrency market is running properly, fluctuations or fluctuations in the price of cryptocurrency are normal and everyone in the cryptocurrency certainly has their own ways in anticipating this or it can be said that everyone has a way to be able to continue to survive in cryptocurrency.


Title: Re: War affects the Entire Cryptocurrency?
Post by: ChronoLite on January 11, 2020, 09:02:59 AM
i agree with him, cryptocurrency doesn't have to do with the war, well it would affect the community but not with crypto.
and then enlighten us about why the cryptocurrency's price is going up when ww3 is on trending? how are you gonna tell us about that? i bet you can't.
it will affect the community where crypto's price depends on the community but saying that crypto won't get affected by war is clearly stupid.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Obito on January 11, 2020, 10:42:05 AM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

Temporarily, yes. But this war won't last long as Trump already pull back his actions. It is just about for Iran if they want to continue. Therefore the heat between two countries isn't much severe and little by little are becoming gone. So people who are afraid to lose their asset from the start would be pulling back their thoughts sooner.


Title: Re: War affects the Entire Cryptocurrency?
Post by: inanilujimi on January 11, 2020, 10:57:10 AM
Actually I personally do not really believe that the increase in the value of BTC is caused by the war between Iran and the US, but the fact that the value of altcoin and BTC is increasing at the time of the situation, this is for me an issue brought that makes it a reality.


Title: Re: War affects the Entire Cryptocurrency?
Post by: shiming on January 11, 2020, 11:11:17 AM
If a war really happens, I think the price of Bitcoin will rise, after all, the national currency will collapse. If war happens, our lives will be problematic. Therefore, people in our society do not want war, and the primitive world will always be peaceful. Maybe everyone has the same vision as me. After all, I don't want to live in a war-torn world.


Title: Re: War affects the Entire Cryptocurrency?
Post by: DabsPoorVersion on January 11, 2020, 12:05:31 PM
Actually I personally do not really believe that the increase in the value of BTC is caused by the war between Iran and the US, but the fact that the value of altcoin and BTC is increasing at the time of the situation, this is for me an issue brought that makes it a reality.
Well, we really can't determine as of yet. But there is a possibility that it is one of the reason since Iranians started to put their money into safety and storing it in bitcoin is one of their option. That way, the price suddenly surge and I think it is the reason.


Title: Re: War affects the Entire Cryptocurrency?
Post by: bobyhodob on January 11, 2020, 12:13:03 PM
If a war really happens, I think the price of Bitcoin will rise, after all, the national currency will collapse. If war happens, our lives will be problematic. Therefore, people in our society do not want war, and the primitive world will always be peaceful. Maybe everyone has the same vision as me. After all, I don't want to live in a war-torn world.

I was very sad to see the news this week war war and war
I am very disappointed if this really happened, humans are very stupid if this happens they will return to the starting point even though we are very close to the future.  we already have the technology blockchain we know crypto and etc.

and fools want to destroy it just for the sake of ego and power


Title: Re: War affects the Entire Cryptocurrency?
Post by: slaman29 on January 11, 2020, 12:20:52 PM
Now, this is the point normal people both like and hate what is happening. Yes, some like that the whole war situation is booming the crypto market. But, no, many do not like the whole war situation.
I go with ‘no war’. The crypto market will still boom in the future, anyways. I pray the disagreement dies down, and there to be peace. 

War is never good for anything. Anyone who has ever been in a war will never tell you they hope it happens. Bitcoin and gold going x1000 or whatever is not going to be worth the pain and suffering others have to go through. I would never hope for it to happen. Anyone who does, has a terrible future waiting for him and his children.

War is just never good, that's all.


Title: Re: War affects the Entire Cryptocurrency?
Post by: airdnasxela on January 11, 2020, 12:25:35 PM
If a war really happens, I think the price of Bitcoin will rise, after all, the national currency will collapse. If war happens, our lives will be problematic. Therefore, people in our society do not want war, and the primitive world will always be peaceful. Maybe everyone has the same vision as me. After all, I don't want to live in a war-torn world.
Yeah, we have the same vision. The country's national currency will be affected by the war. They will be spending millions of money for that war and it could drag them to a great debt. US is a rich country but I think Iran also don't want war as they also know what it could bring to their country. Thus, it will also bring impact to crypto market and could be the reason for its pump. Almost everyone says that their conflict is the reason for an increase few days ago. Even if it will bring a good impact to the market, I also don't want war to happen.


Title: Re: War affects the Entire Cryptocurrency?
Post by: onyek16M on January 11, 2020, 04:16:51 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
of course war issue help investor so much, in few days all cryptocurrency include bitcoin increase high price. not only cryptocurrency but in real life such gold also increase price, i am sorry to said about i am happy with war affect today. i hope it only war issue not really world war 3. although the affect is good all cryptocurrency increase price but war is not good to do


i dont think war helps the grow of cryptocurrency at all, i think it hurdles the growth, not only that it also affects stock market and other economic things, having a war happening will never gonna turn into positive thing, but bitcoin is very young i don't think the war could affect the price of cryptocurrency, selling your belongings for crypto is not a good idea at all, especially when there's a tension happening between countries.
Unfortunately in fact, cryptocurrency increase high price same time with issue war  published. it also happen with gold, gold increase price same time with issue war published. and the news said that increase price of asset influenced by issue war
i think its one and only reasonable enough because when we are thinking halving bitcoin impact for bitcoin price today its difficult to believe, halving will happen still long again


Title: Re: War affects the Entire Cryptocurrency?
Post by: HabiebRiziq on January 11, 2020, 04:33:20 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
This is just a theory and no way to prove this one aside from having a real war. Well, let’s not hope for this one and let’s hope that bitcoin will go up even if there’s no war. The price is pumping again, this is just an speculation but i also think bitcoin moves before because of the tension in the middle east. Bitcoin might be safe for them that’s why they are coming in, or whales can also be the reason of the pump.
I also hope that bitcoin will increase without war which is then associated with cryptocurrency. For me personally it is true that the tension in the middle east and then the rising price of bitcoin could be a reason, but for me it might just be a coincidence and not because of the riots that occurred in the Middle East.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Dalmar on January 11, 2020, 04:38:01 PM
The war means panic which can be the main reason why prices increase in such a short term. The oil and Gold are the main safe financial assets which react the every single war-related announcement by the officials, BTC also takes its piece of volatility from such news.


Title: Re: War affects the Entire Cryptocurrency?
Post by: SummerBliss on January 11, 2020, 06:21:24 PM
That's just merely coincidence and it won't affect any part of crypto at all. If there's gonna be, it would most likely be because people there wouldn't want their money to be lost so they decided to buy BTC as their storage. It seems also that the price plummeted back to 7.8k sometime after there was like a news that there ain't a single war that's gonna happen.
I agree to your point. It was just a coincidence. Price going up has nothing to do with the Iran USA tussle. It was more of a technical. If you see altcoins too made movement. This shows that market in the whole is recovering. Altcoins had bottomed out. They got a support because of the Bitcoin price going up and now are following the price up movement.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Script3d on January 11, 2020, 06:40:58 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
of course war issue help investor so much, in few days all cryptocurrency include bitcoin increase high price. not only cryptocurrency but in real life such gold also increase price, i am sorry to said about i am happy with war affect today. i hope it only war issue not really world war 3. although the affect is good all cryptocurrency increase price but war is not good to do


i dont think war helps the grow of cryptocurrency at all, i think it hurdles the growth, not only that it also affects stock market and other economic things, having a war happening will never gonna turn into positive thing, but bitcoin is very young i don't think the war could affect the price of cryptocurrency, selling your belongings for crypto is not a good idea at all, especially when there's a tension happening between countries.
Unfortunately in fact, cryptocurrency increase high price same time with issue war  published. it also happen with gold, gold increase price same time with issue war published. and the news said that increase price of asset influenced by issue war
i think its one and only reasonable enough because when we are thinking halving bitcoin impact for bitcoin price today its difficult to believe, halving will happen still long again
It's just probably coincidence, the price increase and the tension kicked in, gold and crypto is not the same, again it's just probably coincidence with gold also, what're you gonna do with your gold/crypto in a war? for bitcoin the upcoming halving is probably the reason why the price increased.


Title: Re: War affects the Entire Cryptocurrency?
Post by: electronicash on January 11, 2020, 06:52:09 PM

it would make sense for a person to buy BTC though if there will be war coming into their country. i myself might just go an buy if the danger comes.  there are much gold in Iran already which most of them probably have a lot in their homes. but they nay not be able to travel with it outside the country to which BTC would make sense when they try to go over Canada or Europe. the good news though is that war won't happen.


Title: Re: War affects the Entire Cryptocurrency?
Post by: bttmember on January 11, 2020, 07:44:17 PM
There is a twist in the tail as the Ukaranian airplane has now been confirmed to be demolished by Iranian forces which they claim was unintentional and missile hit the passenger plane killing around 175 innocent people. This scenario has developed rage among Ukaranian people and govt against Iran and they are expected to take strong action against Iran too, looks like all these matters are going to continue all this year and beyond.


Title: Re: War affects the Entire Cryptocurrency?
Post by: ampere on January 11, 2020, 08:04:44 PM
I do not believe so.
It looks like people bought and dumped their bitcoin for different reasons
Some to store wealth
Some to prepare to leave the country.

It depends on the hodler


Title: Re: War affects the Entire Cryptocurrency?
Post by: r32godzilla on January 11, 2020, 09:23:34 PM
Panic and fear of possible war caused pumps on gold, oil and shares that represent arms industry. Bitcoin followed this trend and from this move we can expect that Bitcoin will behave the same way also in next big economic crysis. People will move into gold, precious metal, oil and Bitcoin, in every rare thing to protect against huge inflation that is connected to economic crysis.


Title: Re: War affects the Entire Cryptocurrency?
Post by: pixie85 on January 11, 2020, 10:54:02 PM
Actually I personally do not really believe that the increase in the value of BTC is caused by the war between Iran and the US, but the fact that the value of altcoin and BTC is increasing at the time of the situation, this is for me an issue brought that makes it a reality.

And how will you explain that the attack of the USA on Iraq coincided with the pump and the Trump's speech where he said that he will not retaliate for the counterattack on the US air force base was followed by a dump?
This is really looking like the news had an impact on the price but maybe you know better. It wasn't only BTC that pumped but also gold.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Baofeng on January 11, 2020, 11:01:58 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

It is just speculation at this point, we can't really say if people in Iran or at least people affected by the supposedly war between Iran/US are selling and moving their assets to cryptocurrency to hedge their wealth. But if they did, it make sense but I'm not sure if this is the wise thing to do though. We don't wish any war, and I don't think that we are close to it. Let's just say that everything is still based on supply and demand.


Title: Re: War affects the Entire Cryptocurrency?
Post by: mdzahed134 on January 11, 2020, 11:06:32 PM
Something affected i think because we know that already current situation is vive of world war 3 that's why crypto started increasing. And BTC crossed 8k$ and all of those alts coin are pumping. Not only crypto-currency others a lot of things are increased after dead kashem solaimani such as oil price more increased. But many international stock exchanges price are decreased.    


Title: Re: War affects the Entire Cryptocurrency?
Post by: outatime1 on January 12, 2020, 01:22:46 AM
I think in times of potential economic crisis, people shift their investments away from fiat currencies.  The Iran situation is a little uncertain because there is potential for a conflict, but I think both sides are careful not to get into something long and drawn out.  That's why I don't think we have seen any major changes in price yet.


Title: Re: War affects the Entire Cryptocurrency?
Post by: alan2here on January 12, 2020, 01:49:08 AM
Panic and fear of possible war caused pumps on gold, oil and shares that represent arms industry. Bitcoin followed this trend and from this move we can expect that Bitcoin will behave the same way also in next big economic crysis. People will move into gold, precious metal, oil and Bitcoin, in every rare thing to protect against huge inflation that is connected to economic crysis.
War never makes me happy because every war has a great influence on that country economy and this is something no one wants. In fact, Bitcoin and Gold are often two markets chosen by many investors when there is a war and the value will definitely increase very high in a short time. Currently, people prefer to invest in Bitcoin because the coin can be traded anywhere and is considered the most valuable asset.

Of course, everyone will think differently when it comes to this but hopefully there will be no more wars in 2020 and Bitcoin needs to grow according to investor demand.


Title: Re: War affects the Entire Cryptocurrency?
Post by: yulionoo on January 12, 2020, 02:30:50 AM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

I agree with you that maybe the increase in bitcoin yesterday was indeed the impact of the Iranian conflict. because middle eastern investors sell their shares and move their assets into gold and bitcoin. so bitcoin has increased. during these conflicting and unstable conditions they think it would be safer to keep their assets in gold and bitcoin. because during a war the stock market will be affected by a large enough.


Title: Re: War affects the Entire Cryptocurrency?
Post by: smyslov on January 12, 2020, 02:37:52 AM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
Not really the entire Cryptocurrency, there is a small pump but it's effect its very much the same just like if we do not have this kind of news remember we always have a big pump and big drip even if there are no news around us like this, it's a normal action of the marke, some people buy because think it's the right time to buy.


Title: Re: War affects the Entire Cryptocurrency?
Post by: jazmuzika217 on January 12, 2020, 02:53:37 AM
Honestly this war have a huge effect in crypto industry. If we talk about crypto price specially bitcoin's price it has a good effect because all we see the progess of price increase but I am not happy because all we know what will the effect of this war. First, many life will waste. Then of of products that will we used will have a price hike because all we know that all of petroleum products are came from middle east so it's price is also affected.


Title: Re: War affects the Entire Cryptocurrency?
Post by: minairia3 on January 12, 2020, 04:32:41 AM
Not entirely or globally affected. This reason could be somehow for Iranian businessman or people to buy crypto as their currency could go down and the only way to preserved it is through cryptocurrency. Cause inflation may arise due to their war with US.

Global market will be pulled somehow but that is only a factor and not based on this chaos. Bitcoin is preparing for halving so likely it will pump for a while and obviously it is starting as we see some demand increasing.


Title: Re: War affects the Entire Cryptocurrency?
Post by: princecharles on January 12, 2020, 05:41:13 AM
The war between American and Iran may not be the sole reason for the slight upward movement of Bitcoin. Though, it's possible some persons could choose to convert their fiat to Bitcoin to ease the process of changing into other countries fiat. I still believe that there's more to the bitcoin upward value than the war between Iran and United States.


Title: Re: War affects the Entire Cryptocurrency?
Post by: sana54210 on January 12, 2020, 06:08:07 AM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
Wars might affect the prices for the stocks. Stock prices might reduces because of the ongoing problems of the war like situations and it is what brings people's faith in selling their stocks.

Now, those peoples who might sell their stocks would find some source for investment and hence they might invest in bitcoins to keep their money safe. This is what brings the price for bitcoins on the peak and the price for stocks reversely goes down. This should be a normal scenario in war like situations. War is actually in favor of no one as most of the financial resources as well as human life is endangered in the wars but this is what brings the price for bitcoins up at least in the current situation.


Title: Re: War affects the Entire Cryptocurrency?
Post by: fortunecrypto on January 12, 2020, 06:11:26 AM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
In some way it is, there are rich people and businessman who knows Bitcoin and they made it one of their option, to trade their wealth to Cryptocurrency, to protect their assets and to bring their assets with them if they are going to flee their country, they can get it out in an easy way with paperwallet or USB. 


Title: Re: War affects the Entire Cryptocurrency?
Post by: bitvalak on January 12, 2020, 06:26:56 AM
I do not think so. The most influential during the war is gold. Strengthening gold because of the war also requires no small cost, automatic purchases will use fiat money.
Therein lies the strengthening of the price of gold and several other commodities, because after the war there must have been a weakening of the currency of the country concerned.
Unlike the case with bitcoin which only utilizes public opinion on the occurrence of war issues so that it can temporarily strengthen prices, because basically bitcoin only depends on the behavior of buyers and sellers in the market.
Investors can benefit depending on what level of confidence they have on the issue at hand.


Title: Re: War affects the Entire Cryptocurrency?
Post by: White Christmas on January 12, 2020, 06:30:14 AM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
I don't think so that war is favor for us who are crypto investors and I don't think it is good for the entire crypto community to have a war in order to increase the value of the cryptocurrency as well as all the coins including that has the biggest impact which is the bitcoin.
There are a lot of reason why the cryptocurrency suddenly pump up very high when the Iran and the United States of America declared a war from both parties, first of all bitcoin is back by united States dollars do probably it would be have a big impact to the cryptocurrency that has been a valued of a dollars.


Title: Re: War affects the Entire Cryptocurrency?
Post by: senin on January 12, 2020, 06:49:14 AM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
Iran has not yet declared war on the United States and is unlikely to do so. After all, they should understand that they cannot resist the US military forces and win the war as well. If the threat of attack is real, the US will not hesitate to  occupy Iran as one of the largest oil producing countries in the world.
During the period of increasing tension between the two states, we saw that the price of bitcoin began to rise, although in Iran itself the demand for bitcoin did not seem to increase. It seems that small military conflicts will contribute to higher cryptocurrency prices. I think that not only Bitcoin will grow, but also promising altcoins.


Title: Re: War affects the Entire Cryptocurrency?
Post by: oktana on January 12, 2020, 07:15:40 AM
Favorable things in assets are temporary and depend on war escalation.

Whales will also always be involved in manipulating prices back. A party that looks panicked to buy any assets and make prices move instantly will not make trends change permanently, because it is done unilaterally, except in conditions of a protracted world war, in this case crypto investors also always see developing conditions.


Title: Re: War affects the Entire Cryptocurrency?
Post by: kodtycoon on January 12, 2020, 08:05:19 AM
i don't think so, this event is like an event that happened coincidentally and coincided with the growth of the crypto market, because we know the crypto market has been predicted to get its season back in 2020 and at the same time war or problems between countries happen. so i still can't decide if the war will have an impact on the growth of the crypto market


Title: Re: War affects the Entire Cryptocurrency?
Post by: Landak on January 12, 2020, 09:03:14 AM
in my opinion the war in Iran is just a trigger for the bitcoin get pumped. I think this year bitcoin is indeed time to rise aside from that there is halving that is getting closer.
despite the fact that it's true some people there move their assets to crypto. if we see today it is indeed beneficial for crypto especially crypto investors but it is not profitable for warring countries, in other words we as crypto enthusiasts are happy over their suffering (sad)  :'(.


Title: Re: War affects the Entire Cryptocurrency?
Post by: gabmen on January 12, 2020, 09:09:12 AM
i don't think so, this event is like an event that happened coincidentally and coincided with the growth of the crypto market, because we know the crypto market has been predicted to get its season back in 2020 and at the same time war or problems between countries happen. so i still can't decide if the war will have an impact on the growth of the crypto market

Lol. What about the people who'll be using crypto? If war spreads to many countries, people will be affected. Their daily lives, businesses, routines, and a lot more. The fact is that war affects everyone and everything. Crypto market may not be directly affected as let's say oil and stocks, but the effects would ripple even through crypto.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Reid on January 12, 2020, 09:14:15 AM
Commodity as in gold mostly right? And oil?

They might have sold bitcoin just for safety or they could have bought it.
We don't really know, but there is this doubt that the increase really came from there.
It could just be another pump from all the bitcoin buyers. We cannot expect this events to be all the reason for everything in the crypto industry.


Title: Re: War affects the Entire Cryptocurrency?
Post by: shoreno on January 12, 2020, 09:14:45 AM
i don't think so, this event is like an event that happened coincidentally and coincided with the growth of the crypto market, because we know the crypto market has been predicted to get its season back in 2020 and at the same time war or problems between countries happen. so i still can't decide if the war will have an impact on the growth of the crypto market

Lol. What about the people who'll be using crypto? If war spreads to many countries, people will be affected. Their daily lives, businesses, routines, and a lot more. The fact is that war affects everyone and everything. Crypto market may not be directly affected as let's say oil and stocks, but the effects would ripple even through crypto.

so if it affects crypto , what do you think its  effect ? bad or good ?  on certain countries there are wars but people still live continuously , they still go to the market to buy foods and they can also use and transact crypto normally  .  

better if we say that it will depend on how severe the war is , because there are kind of war that is evasive and people were really panicking  .


Title: Re: War affects the Entire Cryptocurrency?
Post by: Wysi on January 12, 2020, 09:17:44 AM
War is just one of the factors which will affect crypto just like whales and other global event but the value of crypto cannot be entirely affected by war. Those who things war will increase the price of crypto often tends to forget that it makes the commodities expensive as well so there no benefit from war except for those who sells weapons.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Teraboy on January 12, 2020, 09:21:26 AM
Not entirely or globally affected. This reason could be somehow for Iranian businessman or people to buy crypto as their currency could go down and the only way to preserved it is through cryptocurrency. Cause inflation may arise due to their war with US.

Global market will be pulled somehow but that is only a factor and not based on this chaos. Bitcoin is preparing for halving so likely it will pump for a while and obviously it is starting as we see some demand increasing.
They are wanna make sure if all of their assets will be safe without a big decrease on the value of their assets. This conflic was giving direct impact to the world as so many stock markets have already gotten red candle. Even in my country is getting reacted caused by conflict by US and IRAN.
The halving will always become a good reason to argue about the pump for bitcoin but remember if this conflict is still continue and there is a lot of chance for bitcoin to go to the moon even more as the gold and bitcoin become the main consideration to migrate all of their assets.


Title: Re: War affects the Entire Cryptocurrency?
Post by: key4co.in on January 12, 2020, 09:33:26 AM
War is just one of the factors which will affect crypto just like whales and other global event but the value of crypto cannot be entirely affected by war. Those who things war will increase the price of crypto often tends to forget that it makes the commodities expensive as well so there no benefit from war except for those who sells weapons.

I really like the fact that you mentioned "there is no benefit of war except for those who sell weapons". I saw someone saying in a crypto group that if the war can increase Bitcoin price, let it hold and I was surprised at the level of foolishness. How can someone ever wish for war 🤔 we already saw that the war threats might have pushed crypto prices a bit up but when Trump made a neutral statement saying there will be no war, the price still went down before picking up now again maybe due to people getting in because of halving.


Title: Re: War affects the Entire Cryptocurrency?
Post by: aioc on January 12, 2020, 09:39:22 AM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

It still depends on the kind of war if it involves small countries, then it will have no impact at all in the whole market, but if big countries like US, China, and Russia, then this will have a negative impact because there's a possibility that the scope will be wide and long, and it will involve a lot of countries because of their allegiances.


Title: Re: War affects the Entire Cryptocurrency?
Post by: alan2here on January 12, 2020, 09:47:33 AM
War is just one of the factors which will affect crypto just like whales and other global event but the value of crypto cannot be entirely affected by war. Those who things war will increase the price of crypto often tends to forget that it makes the commodities expensive as well so there no benefit from war except for those who sells weapons.
War never ends well and it will only make the world situation more serious. I think a lot of wars happen in a violent way and that threatens people's lives. In my opinion, the crypto market will benefit greatly from these actions, but this is certainly undesirable because any war will make people in that country more miserable.

We should cherish peace more because if we can not keep peace this year, World War 3 will probably happen at any time and you will be the next suffering.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Cameron1Love on January 12, 2020, 01:43:48 PM
I am not against the topic OP, But not all signs also war can affect cryptocurrency. You have a point and its not possible to happen in the future and war is not a reason to pump the bitcoin. 


Title: Re: War affects the Entire Cryptocurrency?
Post by: lixer on January 12, 2020, 03:03:13 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

Temporarily, yes. But this war won't last long as Trump already pull back his actions. It is just about for Iran if they want to continue. Therefore the heat between two countries isn't much severe and little by little are becoming gone. So people who are afraid to lose their asset from the start would be pulling back their thoughts sooner.
Is it really happening? As long as I know, trump has no intentions to pull back as well all know how powerful the US is. Iran might want to pull back perhaps. But, if this war like situation comes on an end than we might perhaps expect the prices for bitcoin going back to normal as peoples would again put back that money into stocks and bonds which would give them a stable income.

Most of the forex traders might treat cryptocurrencies as an emergency wallet as they could store their funds in critical situation in those wallets and then again consume those funds once the situation goes back to normal.


Title: Re: War affects the Entire Cryptocurrency?
Post by: CarnagexD on January 12, 2020, 03:41:06 PM
War is just one of the factors which will affect crypto just like whales and other global event but the value of crypto cannot be entirely affected by war. Those who things war will increase the price of crypto often tends to forget that it makes the commodities expensive as well so there no benefit from war except for those who sells weapons.
War never ends well and it will only make the world situation more serious. I think a lot of wars happen in a violent way and that threatens people's lives. In my opinion, the crypto market will benefit greatly from these actions, but this is certainly undesirable because any war will make people in that country more miserable.

We should cherish peace more because if we can not keep peace this year, World War 3 will probably happen at any time and you will be the next suffering.
Certainly. Wars obstruct the progress of technology which is the heart of cryptocurrencies itself. Without technology to operate from, bitcoins and other cryptocurrencies are at risk of slowly drying out of their values until they become worthless digital garbage. Additionally, large-scale wars completely mess up economies, most of the time causing hyperinflation which will make it even harder for people to get a hold of cryptocurrencies and invest on them.


Title: Re: War affects the Entire Cryptocurrency?
Post by: desticy on January 12, 2020, 03:45:17 PM
I am not against the topic OP, But not all signs also war can affect cryptocurrency. You have a point and its not possible to happen in the future and war is not a reason to pump the bitcoin. 

Personally, I see the main problem in another. If a number of countries resort to the use of cryptocurrency during the war, in particular bitcoin, then nothing prevents large players from dropping the price of bitcoin to unimaginable limits, provoking panic moods, forcing them to sell most of the recently purchased bitcoins. Large players, in turn, will be able to redeem a panic sale on the cheap.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Thomas-s on January 12, 2020, 04:23:00 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

It still depends on the kind of war if it involves small countries, then it will have no impact at all in the whole market, but if big countries like US, China, and Russia, then this will have a negative impact because there's a possibility that the scope will be wide and long, and it will involve a lot of countries because of their allegiances.
any war will affect all countries of the world. Now even small countries are connected with large ones and everyone has their own interests. every war helps many countries make good money. this is a regular business in which people simply die. But, when this happens businessmen, understand that they need to save their money and they are looking for a safe place to store their money


Title: Re: War affects the Entire Cryptocurrency?
Post by: Delilonia1 on January 12, 2020, 05:12:23 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.



It only looks like that but o dont think that's what is happening.  I dont think war is a reason for the price of bitcoin to rise. War is not influencing the the whole of cryptocurrency. It's a good observation though, but I dont think that's what is happening


Title: Re: War affects the Entire Cryptocurrency?
Post by: SquallLeonhart on January 13, 2020, 03:50:38 AM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
Wars are not actually good for the economy of any country. Economic conditions of the countries participating in the way like situations drops quit quickly which also drops the price for their specific fiat currencies. It keeps the peoples from those countries on the descending rate of economic conditions. In this case, peoples might find investing in cryptocurrencies like bitcoin beneficial as they won't have to face any economic challenges by investing into the decentralized currency like bitcoin.

It might be something which might be deriving the price for bitcoin on the peak after the surge of the war but it might not be expected for long term as war has to end sometime and peoples might convert bitcoins back to their fiat once they feel the economic condition of their country is stabilizing.


Title: Re: War affects the Entire Cryptocurrency?
Post by: TastyChillySauce00 on January 13, 2020, 03:55:02 AM
I am not against the topic OP, But not all signs also war can affect cryptocurrency. You have a point and its not possible to happen in the future and war is not a reason to pump the bitcoin. 

Personally, I see the main problem in another. If a number of countries resort to the use of cryptocurrency during the war, in particular bitcoin, then nothing prevents large players from dropping the price of bitcoin to unimaginable limits, provoking panic moods, forcing them to sell most of the recently purchased bitcoins. Large players, in turn, will be able to redeem a panic sale on the cheap.
Bitcoin will be an option in time of war but not particularly the first or primary resort for them. There are many things out there that could be a safe haven for your money.

Speaking about manipulation, that kind of practices seems to have already running since long time ago. Though, so many attempt of manipulations by group of whales but still here we are. If people resorting to bitcoin which also automatically increase the market capitalization it will atleast become a lot harder and requires a lot more resource to manipulate.


Title: Re: War affects the Entire Cryptocurrency?
Post by: gabbie2010 on January 13, 2020, 04:16:36 AM
I think war do have lots of effect to crypto, especially bitcoin. In 2017, North Korea also have many actions may lead to war and this time bitcoin grow up much. For now, i dont think there will much difference because bitcoin is good and safety asset to be hold and carry.

The war between America and.Iran gives bitcoin an opportunity to pump up so hard maybe because Iran buy bitcoin to make buy a weapon that trigger to the people also to make action and buy bitcoin and now the war was end.
It's very obvious and glaring that the recent crisis between America and Iran that nearly culminated to war has an impact on the price of bitcoin,  quite a number of individuals of the two countries are hodler of BTC while a number of them would demand more for it which would exceed supply thus pump the price.


Title: Re: War affects the Entire Cryptocurrency?
Post by: aryana42 on January 13, 2020, 04:34:18 AM
I am not against the topic OP, But not all signs also war can affect cryptocurrency. You have a point and its not possible to happen in the future and war is not a reason to pump the bitcoin. 
Logically, yes, war will not pump into the price of bitcoin, because not all countries are involved in war in this world, but if all countries engage in war, many people will store their assets in digital form, and that will clearly affect the price of bitcoin and altcoin, even though internet network warfare can be disrupted.


Title: Re: War affects the Entire Cryptocurrency?
Post by: junkerr on January 13, 2020, 04:43:59 AM
I am not against the topic OP, But not all signs also war can affect cryptocurrency. You have a point and its not possible to happen in the future and war is not a reason to pump the bitcoin. 
Logically, yes, war will not pump into the price of bitcoin, because not all countries are involved in war in this world, but if all countries engage in war, many people will store their assets in digital form, and that will clearly affect the price of bitcoin and altcoin, even though internet network warfare can be disrupted.
the real disruption might be that the transaction will be disrupted but there is a possibility that many people will save their money in digital form. but I'm not sure the effect will be very large. even the market so far has also only been moving slowly.


Title: Re: War affects the Entire Cryptocurrency?
Post by: bdivrik on January 13, 2020, 09:09:44 AM
Cryptocurrency will be affected by the battle. People prefer heavy things at light costs at such times. Bitcoin is a very convenient value store. Even people who don't believe in Bitcoin can buy bitcoin for a while.


Title: Re: War affects the Entire Cryptocurrency?
Post by: zulfi125 on January 13, 2020, 10:58:42 AM
War is never favour for any country or cryptocurrency this was a panic reaction, and for a long time this is not favourable for cryptocurrency, and this was true that investors of different countries or middle east selling their stocks due to this panic situation but this was only short time sell not for a long time.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Lagduf on January 13, 2020, 11:03:49 AM
Cryptocurrency will be affected by the battle. People prefer heavy things at light costs at such times. Bitcoin is a very convenient value store. Even people who don't believe in Bitcoin can buy bitcoin for a while.
It's not so convenient to be a store value but remember if people can convert it anytime as they wanna do that. Bitcoin is also an online payment system that can be used to buy some stuff on the internet.
The gold is also being another option to store the value as the stocks of gold companies are always getting up when the conflict between US and Iran has already begun.
They are buying bitcoin because they are taking the prevention act to the battle between US and Iran. For Iranians and that will be a very good decision to save their life throughput their money to the commodities that can store their value and they can take it anytime.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Meowth05 on January 13, 2020, 11:27:01 AM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
Bitcoin do pumps a little and I think the reason is because of the tension between Iran and United States. Based on what I have read people think cryptocurrencies as safe haven, where they used it to store value. War do really have a good impact in cryptocurrencies I think but I do not want the value of cryptocurrencies to rise because of the war, I want to saw the market in bullish trend that not causes by any war.


Title: Re: War affects the Entire Cryptocurrency?
Post by: mobilestrike on January 13, 2020, 11:43:48 AM
I am not against the topic OP, But not all signs also war can affect cryptocurrency. You have a point and its not possible to happen in the future and war is not a reason to pump the bitcoin. 
Logically, yes, war will not pump into the price of bitcoin, because not all countries are involved in war in this world, but if all countries engage in war, many people will store their assets in digital form, and that will clearly affect the price of bitcoin and altcoin, even though internet network warfare can be disrupted.
According to my views if the war will be in all around the world then people will worry about the internet connection so they will also worry in their investment in bitcoin. In the recent day the price of bitcoin pumped when Iran announced for a war and people are saying that it is because of that announcement. Maybe it will be because of something else but many people are saying that the war in United State will affect the stock market so they will withdraw from stock market and will invest in bitcoin. It is also one the point with which we can think that war will increase the investment in bitcoin.


Title: Re: War affects the Entire Cryptocurrency?
Post by: bering on January 13, 2020, 12:31:00 PM
I don't know this is related or not but seems after Iran and US conflicts then asian stocks market down and bitcoin slightly pumped but bitcoin can be pumped without war so don't too expect this war will be realize because if this is happen then this will have bad effect for all of people in the world so although i was hoping bitcoin price can be high again but i wish it not because of war


Title: Re: War affects the Entire Cryptocurrency?
Post by: wildan88 on January 13, 2020, 12:38:01 PM
I don't know this is related or not but seems after Iran and US conflicts then asian stocks market down and bitcoin slightly pumped but bitcoin can be pumped without war so don't too expect this war will be realize because if this is happen then this will have bad effect for all of people in the world so although i was hoping bitcoin price can be high again but i wish it not because of war

if that happens, many countries that use the dollars will lose confidence in the dollars and allow the move to bitcoin. I am also worried and do not want this war to occur because the safety of the world is certainly more important than just the benefits that we can, but the impact is huge. I'm sure bitcoin will go up by itself without having to go to war.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Genemind on January 13, 2020, 12:49:54 PM
As for me, it didn't affect the market itself but it has a huge effect on users' way of thinking and decision making. They have seen crypto as their last resort if ever the war occurs. Every event in the world has an impact on crypto's price because everyone sees it as a remedy in a shaky economy. Most people seek assurance of a better future through it.


Title: Re: War affects the Entire Cryptocurrency?
Post by: FairUser on January 13, 2020, 12:59:43 PM
I am not sure if the war helped the cryptocurrency market go up, but in the past week we have also seen the market grow about 15-20% when the United States and Iran got into a conflict and as soon as all problems were resolved, the market quickly fell. It is possible that the war affected a little bit of the market because the market was too small and little known so prices did not increase sharply like gold and oil.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Aying on January 13, 2020, 01:05:14 PM
It affect but not that much. as we see now that the war are being stop and america will not put an effort to revenge then the price of bitcoin is going back again to its past price hut not that totally dropping like river flows. at those moment we see that entire market or cryptocurrency affects? Nothing right? so only bitcoin can boast, if anything like that happens because bitcoin is famous, have a great price and will available everywhere.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Fatunad on January 13, 2020, 01:15:09 PM
As for me, it didn't affect the market itself but it has a huge effect on users' way of thinking and decision making. They have seen crypto as their last resort if ever the war occurs. Every event in the world has an impact on crypto's price because everyone sees it as a remedy in a shaky economy. Most people seek assurance of a better future through it.

That's right storing your money through btc or cryptocurrency is the safest way to hide your money in case of war. Look at how some of the iranians transfer their money through btc in order to successfuly put it on safety. Although there are negative feedbacks against cryptocurrency during war but wise people finds it the safest option to store your money.


Title: Re: War affects the Entire Cryptocurrency?
Post by: fullhdpixel on January 13, 2020, 01:39:19 PM
I don't think so that war is favor for us who are crypto investors and I don't think it is good for the entire crypto community to have a war in order to increase the value of the cryptocurrency as well as all the coins including that has the biggest impact which is the bitcoin.
There are a lot of reason why the cryptocurrency suddenly pump up very high when the Iran and the United States of America declared a war from both parties, first of all bitcoin is back by united States dollars do probably it would be have a big impact to the cryptocurrency that has been a valued of a dollars.
I do not really think that bitcoins are been ever backed by the United States Dollar. There might be the most common trading pair of bitcoin with the U.S dollar but it might not really be backed with those. Bitcoins are a independent currency which runs on the blockchain network so we can call bitcoins being backed with the blockchain technology rather than the U.S dollar.

On the other hand, we can see there are a number of HODLERS/Investors from the United States who are holding bitcoins and the war like situation between the US and the Iran might derive the price for bitcoins on the peak as peoples residing in those specific countries might surely think to move onto bitcoins over the war ends.


Title: Re: War affects the Entire Cryptocurrency?
Post by: monineklutak on January 13, 2020, 01:56:02 PM
Cryptocurrency will be affected by the battle. People prefer heavy things at light costs at such times. Bitcoin is a very convenient value store. Even people who don't believe in Bitcoin can buy bitcoin for a while.
a very good reason, saving money during the war is very good for buying assets, such as Bitcoin or gold, unfortunately there are still many people who do not know about crypto currencies so that marketcap has not grown


Title: Re: War affects the Entire Cryptocurrency?
Post by: Taskford on January 13, 2020, 02:01:35 PM
As for me, it didn't affect the market itself but it has a huge effect on users' way of thinking and decision making. They have seen crypto as their last resort if ever the war occurs. Every event in the world has an impact on crypto's price because everyone sees it as a remedy in a shaky economy. Most people seek assurance of a better future through it.

That's right storing your money through btc or cryptocurrency is the safest way to hide your money in case of war. Look at how some of the iranians transfer their money through btc in order to successfuly put it on safety. Although there are negative feedbacks against cryptocurrency during war but wise people finds it the safest option to store your money.

We cannot please people to think negative and it's a part of the game but good thing some of them manage to transfer their funds on bitcoins since this is more convenient and portable for them once their are battles happen, we should remember that the economy of the certain country who go thru war will shrink and maybe it t will be good to have an option so that if their money will be devalued they don't have to worry about since their money is safe with bitcoins.


Title: Re: War affects the Entire Cryptocurrency?
Post by: pikkie on January 13, 2020, 02:09:55 PM
Cryptocurrency will be affected by the battle. People prefer heavy things at light costs at such times. Bitcoin is a very convenient value store. Even people who don't believe in Bitcoin can buy bitcoin for a while.
a very good reason, saving money during the war is very good for buying assets, such as Bitcoin or gold, unfortunately there are still many people who do not know about crypto currencies so that marketcap has not grown

I think you are just trying to avoid the risks that might occur to you if you trade during the war it will provide a very high risk. maybe trading gold when war is more possible.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Coltpython on January 15, 2020, 07:21:34 PM
It appears so as several cryptocurrency assets started spiking after Iran declared war on the USA. Investors decided to act on impulse by moving their stock to cryptocurrency and even gold itself. That means crypto has a future in the long run


Title: Re: War affects the Entire Cryptocurrency?
Post by: Lizzylove1 on January 15, 2020, 08:32:08 PM
One thing you must first understand is that war don't favor humans, it destroys them and the existing legacy. Well the rise to market capitalization can be judged to be partly because of the war threat, this tension has now die down but the market is still bullish.


Title: Re: War affects the Entire Cryptocurrency?
Post by: HerbertMarcel on January 28, 2020, 09:26:46 PM
The Bitcoin business involves a large part of Iranians in the world market. Many of them have withdrawn themselves from the currency side, fearing that there will be major changes in market management. So that is an concern at all coiner.


Title: Re: War affects the Entire Cryptocurrency?
Post by: CrownMade423 on April 24, 2020, 05:35:10 PM
I personally don't think we have an argument for that. We have not noticed so much tension between Iran and the US so far. Maybe because of some booming news a group uses this news for their benefit . A crisis like this can always either take someone's everything away or make someone's so rich.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Mpamaegbu on April 24, 2020, 08:31:20 PM
Well to some extent it does as it was clearly seen that the entire crypto market was in an upward swing when the rumours of war between Iran and US was intense. You can see clearly that once the tempers cooled down the crypto market is reclining back to its previous level.
It did go up then as it were because the US was involved in a war with (not just Iran) but any other country would also have made the price go up. Really, it wasn't Bitcoin price alone that went up. Gold also spiraled up the same time. This happens all the time whenever America has any issue with other countries.  People, in their fright, tend to look for a safe haven at a time like that and Bitcoin/Gold/Chef becomes easy pick. However, it doesn't mean that Bitcoin price will go up or down if other countries (that isn't the US) go to war.


Title: Re: War affects the Entire Cryptocurrency?
Post by: jaywizzy on April 24, 2020, 09:16:50 PM
Not really, the major cause that affect cryptocurrency is what all the whole world is currently facing which is covid 19.


Title: Re: War affects the Entire Cryptocurrency?
Post by: royalfestus on April 24, 2020, 09:53:32 PM
Well to some extent it does as it was clearly seen that the entire crypto market was in an upward swing when the rumours of war between Iran and US was intense. You can see clearly that once the tempers cooled down the crypto market is reclining back to its previous level.
It did go up then as it were because the US was involved in a war with (not just Iran) but any other country would also have made the price go up. Really, it wasn't Bitcoin price alone that went up. Gold also spiraled up the same time. This happens all the time whenever America has any issue with other countries.  People, in their fright, tend to look for a safe haven at a time like that and Bitcoin/Gold/Chef becomes easy pick. However, it doesn't mean that Bitcoin price will go up or down if other countries (that isn't the US) go to war.
There is no war particular among nations in the world at the moment, Especially with America and Iran. I think china might be the next world enemy if all the conspiracy theories are not properly managed. With the crude oil price dump there might be a different approach to hasten the revamp of the world economy, after few weeks that the lockdown is relax in the developed countries we will see wind of change. Gold does not enjoy the volatility of bitcoin and does not go through halving,so it wont enjoy the hype with the cycle.


Title: Re: War affects the Entire Cryptocurrency?
Post by: forexandcryptoauditor on April 24, 2020, 10:00:38 PM
When Bitcoin was at its peak, Iranian investors were so much agressive that time that they bought btc with price more 10-20 % than other markets. Commodities like oil will have worst impact of war. For shor duration in war, Bitcoin can help as alternative investment but if war happens for long-term, no investments will be safe.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Twinkledoe on April 24, 2020, 10:21:10 PM
Not really, the major cause that affect cryptocurrency is what all the whole world is currently facing which is covid 19.

I think right now, this covid situation has more impact in crypto market than the war. But bitcoin is trying to go up despite this situation. And with crypto, a lot of factors are contributing to its price movement, though we can pinpoint some major influencers like the covid but we should not rely entirely on this situation to make our next move when it comes to crypto investments.


Title: Re: War affects the Entire Cryptocurrency?
Post by: ilhamsugihamin on April 24, 2020, 11:10:31 PM
I don't think war will benefit because only the global elite will benefit from the war. I think crypto is also part of the global elite, maybe this is just my personal opinion.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Youghoor on April 24, 2020, 11:14:34 PM
Global war affects everything you know. Once there is war, economic activities are not as fluent as they should be and everyone is scared for his/her life hence nobody goes out to work. This makes the productivity of every country goes very low and this affects all markets and not just the cryptocurrency market. I was glad when this seemingly Iran-US war did not happen. Who knows the devastating damages that would have occured.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Valzador on April 24, 2020, 11:23:16 PM
I don't think war will benefit because only the global elite will benefit from the war. I think crypto is also part of the global elite, maybe this is just my personal opinion.
That indicates your thinking is very narrow,try reading a book so you have extensive knowledge.
War can cause profits and losses for cryptocurrency, if the war is large-scale then it is certain that the world's infrastructure will be destroyed including the internet, bitcoin or cryptocurrency has no value at the time after the full-scale war, but if what happens is a war on a small scale then the price of cryptocurrencies has the potential to rise because of the tension of the war will cause FOMO, investors will secure their money in cryptocurrencies because a small scale war will not threaten the existence of cryptocurrency infrastructure, it will only cause FOMO.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Shallow on April 26, 2020, 09:39:09 PM
As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

Anything that affects humanity will certainly affect the crypto space be it in a negative way or in a positive way. Now, war affected the crypto space in a positive way because people understood that to save their funds it's better to be in crypto. It takes money to fight or win a war and the money will come from that country's economy thus will have its impact on their currency (depending on the country) which is why they saw crypto as a way out therefore should their currency drops in value they won't be seriously affected.
Answering the question, Yes, I think war can favour the crypto investors.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Mealea on April 26, 2020, 09:45:52 PM
I disagree with that. War in a long run will definitely have negative effect on the price of coin. As a matter of fact, war will affect the economy of a nation and when that happens, it will result in fall of prices of things in general.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Google+ on April 26, 2020, 09:51:17 PM
I disagree with that. War in a long run will definitely have negative effect on the price of coin. As a matter of fact, war will affect the economy of a nation and when that happens, it will result in fall of prices of things in general.
but some time ago I had seen a case of a trade war that could have a good impact on the price movements of bitcoin and other cryptocurrency because they were trading warriors going to make transactions using cryptocurrency money thereby triggering the rise in coin prices at the exchange.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Psynthax on April 26, 2020, 10:20:15 PM
I disagree with that. War in a long run will definitely have negative effect on the price of coin. As a matter of fact, war will affect the economy of a nation and when that happens, it will result in fall of prices of things in general.
but some time ago I had seen a case of a trade war that could have a good impact on the price movements of bitcoin and other cryptocurrency because they were trading warriors going to make transactions using cryptocurrency money thereby triggering the rise in coin prices at the exchange.
That's just some minor thing, trade war in general will make chaos out of countries economy and it's not good for our crypto market or things in general as he said. Even if price pumping happened to crypto it's just temporary and will soon be replaced with bearish market.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Firefoxx on April 26, 2020, 10:23:23 PM
I think crypto is the only saving place for people to store their assets for safety so when war or problem comes they tend to save thier funds there and how good it is the more the buy the more it grows do partly ear do favour cryto more and makes it gain more recognition.


Title: Re: War affects the Entire Cryptocurrency?
Post by: Script3d on April 27, 2020, 02:11:24 AM
I think crypto is the only saving place for people to store their assets for safety so when war or problem comes they tend to save thier funds there and how good it is the more the buy the more it grows do partly ear do favour cryto more and makes it gain more recognition.
I disagree with this, using cryptocurrency to store assets is not a good idea because crypto is volatile, how are you gonna be able to use the crypto when most people don't even know what cryptocurrency or bitcoin is, i believe fiat is better in this situation.


Title: Re: War affects the Entire Cryptocurrency?
Post by: BlackboardTrade524 on May 12, 2020, 05:58:15 PM
War affects the world , so did global currency too ,talking about Cryptocurrency well its also the part of War fact directly / indirectly .When the rumours of war between Iran and US was intense position then we saw clearly that tempers hit down the crypto market .