Bitcoin Forum

The recent airstrike on the Baghdads airport orchestrated by the United States of America President Donald Trump which killed the head of the Iranian revolutionary gaurds General Qasem Soleimani. This has led to the increase in the market value of the global oil price and that of Bitcoin in recent time but who knows how long will this effect last.
The Iranian restriction to access Internet was another factor that led price increase of Bitcoin to around $24,000 per Bitcoin on the local Bitcoin exchange. For further information visit https://cointelegraph.com/news/bitcoin-selling-for-24-000-per-btc-in-iran-as-us-tensions-escalate

It's still too early to say what would happen to the market following a potential war between both countries. I don't even know if it would yield a better result though I'm quite sure that the US dollar will take severe hit.

Again, pricing in terms of the official exchange rate for Iranian rials means almost nothing for a currency that is so hyperinflated and closed off to the rest of the world.

If you convert the price of each BTC using the unofficial exchange rate, you'll likely find that the actual BTC price is very close to the global mean.

That's just the way it is for countries with significant capital controls that are imposed on foreign exchange. People pay a premium in terms of official exchange rates because they know that they can't get their money out using that official exchange rate, and thus demand outstrips supply for forex and vice versa for their domestic currency. We've seen this with India, Korea, and Venezuela in recent days as well. Nothing special.

The economy is really affecting the price of a currency and bitcoin hits that price again because of the crisis. Sell you Bitcoin in Iran and still its value will be the same if you use it outside Iran, i think they experiencing a hyperinflation, but this war can’t affect the price of bitcoin as a whole we are still down right now.

For as long as the effect on the price of Bitcoin is isolated only in Iran, this is not something everyone should be celebrating. There is no real boost in the actual price of Bitcoin if this is the case. Bitcoin is global and it should grow globally. It should not just be growing with a specific area where there is violence.

This would have the effect on the world economy and not just on the two of the countries as Iran supply oil  to many countries and there prices would increase manifolds leading to slower economy growth . Already people are suffering because of the bad economy in many countries and this tension would just yield no good things. Will need to check how does BTC market react to such news.

I reallllyyy doubt a single country would boost the price of BTC to new heights. I mean, yes it could affect it, but counting the amount of traders in the whole world, Iran honestly takes only a small portion of it. The price may rise by a few hundred dollars, but that is its limit. There's also the issue of the Iran currency and economy being way too underdeveloped. It can be even considered quite dead tbh. Changing their money from Iran currency to TC then to foreign currency is a lot easier, compared to Iran currency to foreign currency.
The US dollar has already took a hit with how their global debt has accumulated. Banks are already expecting a recession and It's honestly hard to determine whether the US dollar could still live out the next decade.

Apart from celebrating the price of bitcoin in Iran we should also be consigned with war tension between the two countries and its consequences to the citizens particularly Iran after it had turns to a full blown war.

It is also going to help the price of bitcoin to increase worldwide due to the inflation which will occurs as a result of oil price increase on developed and developing nations.Many countries commented this action from Trump could be the beginning of world war III so brace yourself by holding more bitcoins.

We cannot feel the rise of bitcoin at the expense of what is happening right now, because in the end if the worst scenario of the two countries is carried out it will be a nightmare for the world including humanity, this is no longer a matter of bitcoin and the economy but a matter of humanity.

This is horrible journalism:


"Wanna" is not a word; it's how people write when they don't know how to write properly, and this quote is attributed to some random "crypto expert" which makes it even worse.

And the takeaway message from the article is that some people are asking for $24k per bitcoin, but they're probably not going to get that price from buyers.  That would make sense, because who in their right mind would pay that kind of premium for bitcoin when 1) it's not necessary for daily living, and 2) they could probably do way better on an exchange and not localbitcoins.

Sometimes I hate crypto news sources.

The war tension keeps rising with time, and I don't find any reason on this for rise in the price of bitcoin. Right now the gradual growth is happening, and this in turn will pump high when more investment flow takes place over bitcoin and other cryptocurrencies. When we talk of war, maybe a small number of investors will move fiat towards bitcoin to secure the capital. By the time if manipulated there'll be good rise, and sometimes the same is manipulated to drop low with the support of speculators.

War is just a matter of time. This kind of attack may lead to upcoming war which become great business opportunity for selling military armaments using fiat or digital assets. It might help to boost crypto price

This is nothing. Imagine what would happen to the bitcoin prices if there was a worldwide conflict. Easy >$50k, probably close to $100k.

The American Republican strong men are arms and ammunition dealers. So, it's even to their advantage that the US should go into a war. It aids their business. On the other hand, it's becoming a pattern that whenever the US is in acrimony with another country Bitcoin price tends to soar. I observed this also during the China-US trade war. And now, this.

I really don't want this to happen at this time, because any war will only make that country worse and people's lives will be hard to protect when this war happens. Perhaps the military weapons business will be very successful, but certainly no people want it. Hopefully both countries will have a new peaceful solution because I'm so afraid of World War 3.

Currently, Bitcoin's rise to $24,000 is due to the people in Iran starting to feel scared and very few people can trade with Bitcoin because the supply in this country is very limited.

What will be the benefit of starting a war, from Iran's point of view?

War is expensive, you are literally setting money on fire when you fire off missiles. I'm not sure Iran can afford it.

stock markets were negative and oil and gold were negative there was fall of 1-2% in all of the major stock index and negative sentiments were there so while there was 1-2% fall in stock market , price impact on bitcoin was very less as of now , its to early to say that this will boost price to $24,000 if there is retaliation from iran then price will raise

I have read this news if the price of bitcoin is rising there, it seems like war needs to be extended to other countries to increase the price of bitcoin, but it seems very cruel to me to say this, when bitcoin prices increase whether there should be war, fiat money and gold don't seem be another option there, if the price of bitcoin increases in iran but not here

Sure they can't afford it but pretty sure they're backed by Islamic community especially terrorist groups so they can afford it though it's nothing from what US have.They'll do revenge until they had Trump's body wrap by US flag. Oh, idk who started the war but the killing of their general triggers everything.

Even bitcoin price will be higher than that if the WW III happened worldwide. But I hope WW III will never happen because it will cause heavy losses for allies and the economy will be in decline for a long time, we live in a world of peace and I want bitcoin to grow in the current peaceful world. Btw with what happened lately I believe bitcoin price will soon go up to $ 10,000 in the next few weeks

US-Iran are thinking tons about this due to this US-Iran is a world issue now don't know whether we are all worried about whether these issues will ever be resolved there's a unclean politics behind everything that causes unrest.

I do not think that the US-Iran tension has increased the price of Bitcoin by $24,000 because everyone knows that Bitcoin prices will rise but the United States has increased it it will hurt our country's economy. Because it's hard to say what the price of Bitcoin will look like Often times tensions are triggered by conflict.

Yes it looks like we're gonna see an all out war soon if the conflict between to nations gets worse and the bitcoin price might have a major uptrend due to the citizens seeking to migrate their funds before another financial crisis happens in both sides. The hype from incoming WW3 could trigger also a major breakthrough to this sideways action in the crypto market. Honestly sometimes you just need violence to resolve conflict in order for them to see what are the consequences of their greediness and actions.

I just hope this doesn't escalate anymore than it already has. I mean, BTC growing is nice and all, but for its improvement to stem from a war since kinda negative on my part. Also, taking into account Iran as a country, It could push the price. But by a bit. Only a bit. The currency of Iran is pretty week, seeing as 1 US dollar is worth 33333.33 Iranian Rial, you could already see how much discrepancy there is between the economy of the two countries.

Uhh no it didn't increase the price of BTC to $24000 BUT citizens of Iran bought BTC at $24000 is the point of the topic. Which technically, in some way or another, influenced a push to the price of the BTC by a few hundred dollars. So in a sense, the topic title is true, that Iran citizens were forced one way or another to buy BTC at skyhigh prices. Note that it's only limited to Iran though.

Why do people make clickbait articles? Iranian price has always been higher than normal price and whenever something like this happens the price increases there, but this is just the price on an Iranian exchange, whats the reason to have a title like the price went to 24k everywhere, it is just pure horrible spam bulls*t and I hope nobody visits your website, I sure didn't clicked on it and I urge everyone not to as well.

Maybe one day they will learn how to do real journalism and actually end up writing something people may want to read instead of making the click it thinking something else and close after learning it is different, that is clickbait and you will never go anywhere further with clickbait in life, just will be around the same levels as you are and that's it.

I've never thought that conflict and war can bring upward movement in the price of bitcoin. How could you just think of that? If you're country is involved in a war against the two country, then Goodluck. But probably, there are also other country who will join the chaos because of the merging of allies of each countries. Bitcoin will probably become useless of all of us are killed and our properties are damaged. But in the market, bitcoin will really have a sudden increase in demand that results to a higher value and price.

You must read the news correctly so as not to cause misunderstanding, look at what is said in the news :  “So if you wanna buy USD today in Tehran, the price is about 140,000 IRR,” he says.
In other words, while the “official rate” is around 42,000 IRR per 1 USD — which would result in the $24,000 price per Bitcoin — the actual rate in the street would give one something closer to BTC’s actual global market price, currently around $7,300 USD."
try to see again what was said in the news : "But given the double exchange rate reality in Iran, it's likely that no one really paid this much ($ 24,000) per Bitcoin."

It is right because both of the nations are well aware with bitcoin and the people of both of the nation will want to save the value of their money. They will know that if the war started then the value of dollar and the Iranian currency will drop so the people of these both countries are investing their money in bitcoin from now. There are many people all around the world who also hold dollar so they will also transfer their dollars to bitcoin.

May we not see the escalation of the war between the two Country despite the fact that many will be happy to see whatever can lead Bitcoin price increase. Although, American President Donald Trump is happy and see this act as a great achievement in American history.

 They make clickbait articles because thats what makes them money, after a while they could use that money to actually hire people who can write proper articles that people may want to read but until that moment comes and they have some money to hire real writers, they make clickbait articles and headlines to attract clicks to their website which makes them money via ads and thats how they get enough money. Sometimes they even continue to do clickbait even after hiring decent writers because they see it as a proven method that made them money so they see no reason to stop other than people who visit their website once and leave for good, as long as enough people visit per day, there is no problem for them if they never come back.

Know the truth below,

https://www.forbes.com/sites/billybambrough/2020/01/04/no-bitcoin-isnt-going-for-anywhere-near-24000-in-iran-heres-why/#36d4c0f05c98

Secondly, a lot of p2p trading platforms like localbitcoins are not available in Iran. So how the author derived this price? Seems like a classic example of clickbait article and bad journalism!

Global events does have an effect on such assets and we can also see a slight increase in bitcoin's price in the global market but that doesn't mean that the global value will increase to $24000.
Bitcoin's price has indeed increased to $24000 but that's just on the local exchange and not the global one. If we look at Venezuela's case, the bitcoin's price was increased more than global exchange on the local exchange but then the global market price remained dormant. Let's see how much of a difference will the Iran airstrike event make on the global bitcoin price.

But why?
24k? Really?

I cannot find any good reason into why there will be a price surge in the price of bitcoin just because of this.
I am still trying to figure that out by now.
This is just another move of the United States taking over the oil in the Middle East. They cannot make anything anymore that would suffice their economy.
They need a war to create guns again. That is where they are good at. Without war, no money.

It will reach to that value or more than that value because of this or it is also said that now the effects of halving has been started and because of it the price is rising, anyway we need the adoption of bitcoin and the kingdom of bitcoin on the world economy.
If the price surge is because of the US and Iran war then you not alone but many other are also curious that why the price increased with that the answer is that people know that these countries are powerful and they both will make a lot of harm to the world system if they entered in the war and they will have only the option of bitcoin to secure their money.

Maybe you refere on Bitcoin price on Iranian market. But US Iranian conflict, whatever form it might have, will not influence the Bitcoin price globaly and certainly it will not push it that high. Generaly I think that politics doesn't influence Bitcoin price that much as people think, Bitcoin price is still rather isolated compared to traditional financial markets.

Am not in anyway in connection with the owner of the cointelegraph.com neither the author of the article buddy. You claim that you didn't visit the site how come you get all this information. I added the link so that people can see  the source of the information i shared not leaving it blank.

It's not because of the halving, the main reason is already in the article its just that the title isn't true that's why it's less appealing.

There are other ways to know the issue about the rates on Iran since it's not limited to Bitcoin and this isn't the first time that it was mentioned.

The effect of this violence will be more damaging and costly in terms of human lives and properties. The benefit is nothing compared to it, even if this war will cause Bitcoin's price to rise until $50,000.

And also, is this really true? Is Bitcoin really that huge there o is this another news written by fake journalists and FOMO sparkers?

After war conflict between Iran and United State bitcoin price in Iran tension boost price to $24,000 and have very different price from bitcoin global where only raise above $7500, I don't why bitcoin in Iran have very different price than bitcoin global, any chance for arbitrage between bitcoin global to withdraw in bitcoin account exchange in Iran?

It's true that the US and Iran conflict will bring to a lot of disaster in all aspect, not only the economy but also everything will get affected by this conflict, without any doubt, the economy will be the main thing and the oil price will get affected severely, so when the oil price will get high then everything will face a lot of crisis regarding every aspect, but it's not time to say Bitcoin price will get high for the consequence of the USA and Iran conflict, but Tramp is playing with fire, I think both tramp and Iran will pay a huge cost if they can't stop right now.

Cointelegraph wrote a great article on this matter, about exchange rates. Can't find the link atm, highly recommend reading. Highly doubt Iran--US  tensions move btc price...

When the war happened, people would look to Bitcoin, Gold or any other valuable asset, and that's the main reason why the value of Bitcoin soared. I think any citizen in this country will surely find a way to buy Bitcoin because this is a safer coin instead of having to hold Fiat. Of course, they still have a lot of other options but only Bitcoin is the safest option when this happens.

However, I hope that Iran and the United States will ease the tensions because I do not want World War 3 to happen, in order to do this, Iran needs to ignore and have more new peaceful solutions.

There was a post the other day in one of the trading sections about a guy from Iran not having his KYC go through because of his citizenship. My first thought was surely Bitcoin isn't that popular there or is probably even banned by their government. I guess not.. I also seriously doubt that Bitcoin is $24,000 in Iran right now. There would a flood of Iranians on here trying to buy up as much Bitcoin as they possibly could at current rates. Surely they get their coins from the same places that we do.

So it did happen. But just on the outside. Maybe just from the front.


To hell with it.
No one will but with that kind of amount. They are just being laughed by the people who are supporting the crypto currency.
They know what the real price is.
However, they might be more behind all of this dilemma.

Because people in Iran fear their country's currency will collapse, so they turn to fixed assets to ensure the security of their balances. And since then Bitcoin is a great choice for them because bitcoin is not affected by the economic collapse, besides gold is also a good option but it is difficult to buy large quantities like bitcoin. That is why the price of bitcoin in Iran has climbed to 24000$ compared to the global average 7500$

True and I believe so. people are looking for an option to store their assets and bitcoin is another viable option available to them since its flexible and portable too. Also, its not a hassle carrying only your private keys, so much convenient too in a situation like Iran facing right now.

I wish that would affect the totality of the market, if it's only in their country, I don't think it's kind of a positive news, people just don't have a choice, they want to play safe to ensure their money and once again we saw how bitcoin help a struggling nation.

That high price has been seen on LocalBitcoin platform that possibly being manipulated by Iran's central bank, it's only used by government.
The current Bitcoin price on Iran's Crypto exchange remains the same as global rate, it's around $7200.

More details: https://www.forbes.com/sites/billybambrough/2020/01/04/no-bitcoin-isnt-going-for-anywhere-near-24000-in-iran-heres-why/

Too late for that. It has been shared to oblivion on social media.

Real journalism costs a lot of money in terms of research and whatnot. In crypto people are so stupid that they believe anything they read. All you have to do as a news outlet is to browse through reddit, pick a thread, then turn that thread into an article. Endless threads on reddit and thus endless supply of crappy articles.

Click-bait articles really work and for that reason will not stop existing. People have to smarten up first.  :-\

This is pretty meaningless for BTC longterm. War is too big of a test for BTC at this point. I can not imagine people running for their lives but keeping faith in crypto and choosing it over gold yet. Price spikes in Iran or wherever else is reall really meaningless. Cyprus bankruptcy was not a catalyst back in 2012, nor was it Ukraine when Russia invaded it nor it is gonna be Iran. Adoption is the only thing that can bring it to ultimate highs and necessity for people to hold.

When I join crypto sphere in 2017, that's the first thing that I noticed about crypto related website, articles are full of garbage and every author didn't verify anything they put, they just write attracted titles which often misled readers and it goes into this community.

So I would agree that they won't learn their lessons, simply put they are here just to make money out of those who are going to click on that links.

Regarding the issue, it has debunked though so I guess this is just another fake news with malicious intent other than click-bait (FUD).

I'm not getting the point, is that a price prediction or the 24k is already in one exchange ? I mean who is buying it ? is they don't know in other exchanges the price is just 1/3 of that price and i think doesn't make sense if they have limited access to internet but able to trade bitcoins. Is the volume good ? that's the best chance for arbitrage easy x3 profits

I also think that the online world is an open world. Even if Iran has banned and blocked a lot of sites and other applications deemed prohibited under their law, I don't think they will be able to ban communications of a lot of kinds. They cannot ban this forum for example. They cannot cut the internet connection from its people. And if they cannot do that, the citizens of Iran can always find a way to purchase their Bitcoin elsewhere. Also, within Iran, it is peaceful. There is no war inside their country. What took place happened in Iraq.

They can ban access to anything they want to. However, the users can simply use a VPN to get around it. It's the same thing that happens in China. The price is not at $24,000 or like I said, people would be buying up as much Bitcoin as they possibly could and making an easy 3x their investment by simply selling it to someone local. I'm almost positive all of the locals have access to places to buy Bitcoins as well. So they would be pretty stupid to buy at $24,000.

Therefore I am also still confused about the price of bitcoin in IRAN which is so high compared to global prices, maybe their internet is limited so that they cannot access other exchanges.
I think this is still a controversy because with such high prices and with the country's conflict with the USA.
And I'm also still confused by the local exchange and in my opinion it's hard to understand whether it's true with real volume and with high sales.

We don't know the truth if the conflict between the US and Iran boosts bitcoin price to increase higher, but we only know that bitcoin price is trying to wake up from the lower price to the higher rate. Besides that, we don't know if bitcoin price can really increase and hit that price or not because we don't have the right prediction even the professional cannot have the correct prediction. The only things that we can do right now prepare for anything that can happen in the bitcoin or the market so we can do something related to the current situations.

This has been debunked already isn't it?

As for the geopolitical tensions around the world and it's effect on Bitcoin price, I'm not really sure if there are strong correlations. The massive pump in the last 24 hours or so has nothing to do with the supposedly looming war between US and Iran. Maybe someone uses this to bait investors, in short someone from behind is taking advantage of the situation and put everyone in a mood that bull run is already in the horizon. Still, everything will be based on supply and demand and sentiments of the investors.

You should now the negative effect of war by now and the consequences will not only affect the economy of the United States of America and that of Iran alone but to all the close Allies of both country. Point of correction, the United State of America president name is Donald Trump and not "Tramp" as you write in your submission above please.

Unfortunately the boost only happened in Iran and didn't affect world price. I've seen similar boosts in some other countries but have not become this big (not many people talking about that). So, I am sure this isn't a kind of big news.

Which makes me conclude that the price is made-up obviously. They are most probably trying to cause hype in Bitcoin so that people will start buying. End of story.

It's not only the Iranian sellers that having a boost of the demand even the market is now enjoying it, from $7300 we finally bridge the $8000 mark, and we are hoping for it to reach the $9000, that's short term profit for those who are in a buying spree in the last 3 months, the situation is both alarming and interesting for the community and the world, now and the weeks to come, we will have more news and it could have an impact on the market.

If something happen, specially about politic I must say only currency and primary commodity ( oil ) will get impact, I don't see any relation with bitcoin. Crypto movement only can moving by development program, economic issues and event. War can't give impact unless both country use bitcoin to safe asset value as safety. We should see bitcoin movement with clearly mindset and stay away from war and politic because there's no opportunity bitcoin become part of it.

Oh yeah, this would definitely have an effect on the price of oil. But, I don't see it having much of an effect on the price of Bitcoin unless a full fledged World War 3 were to break out and I just don't see that happening. There are certain events in politics that could have an impact on price. Such as banning of cryptocurrency by a certain government or something. But, this is not something that will have a major impact. It was just a simple rocket strike. More than likely, that's about all that will come out of it.

Do we believe in the current bullish moment because conflict of Iran. When i check weekly chart, I see hammer in the last week. In mostly market condition, this candle is a signal of reversal. That's mean, in my view, current bullish is not because Iran, but the market wants bitcoin make a reversal

https://www.tradingview.com/x/cKUBKuPy/

What do you think?

I don't know how it affects with bitcoin but for me, it is good to have a low price of bitcoin than to go it up just because of a war. I hope that the war will stop now because it may inflict a huge cost not just in government but for many lives. If there is a pump with bitcoin regardless with the war or not, I will still buy.

With all the bs about the article aside, Iran has a closed door policy which makes sense considering where they are living. Turkey for example has over 3 million Syrians because they have open border policy, if Iran did the same they would have been destroyed economically, they do have a great nuclear threat on their hands but they are not as big of a nation as people they believe and over 3 million Syrians would have destroyed them.

That closed border thing pays back of course because they don't have banks that are global and that causes some troubles which means they get get bitcoins from outside with very limited resources, they can't just put money from their banks and buy bitcoin from anywhere around the world, which makes things harder for people who want to buy and these kinds of cases happens.

Obviously Iran has nothing to do with it.. We have been consolidating for a while now and upwards movement was kind of awaited at this point. Looks like it is over now around 8.5k and imo thats it. We had our breakout, now its going back to bear and Iran is not gonna change it. Short term fluctuations like this are meaningless and the only reason why markets are still profitable is because of them.

We don't even have any further assurance on what would happen with Trump's idiocy and selfish decisions. War may rise on the opposing parties but the market wouldn't be affected that much. Though Iran has a huge crypto community that can affect Bitcoin, I don't think crypto would take some changes as both are different factors and aspects. Government war is different in crypto market.

If Iran keeps this tension going (which they have all the right to do so) then the price of bitcoin will continue to rise in Iran since people will be afraid of staying in fiat due to dooming political problems a war could bring. That is why I think they will either not do anything and try to go with the peace route and forget what happened or the price of bitcoin will continue to rise.

However, there is a point where even if you are in Iran if the price goes too high people may try to take advantage of the arbitrage as much as possible, doesn't matter how little they could but they will try their best, like using game currencies if they have to to get bitcoin and sell it for their own nation currency and vice versa to keep doing if nothing else works, honestly at one point price can get too much.

It can be difficult to compare bitcoin to petroleum in this situation but in just few days oil is already gaining price. The region under distress are very active petroleum region. I still feel the strike could be strategic from some countries' point of market view to make money from this distress. Bitcoin could be engaged in some of this transactions internationally while they cover up their tracks and antics. More than petroleum will be traded, weapons, heavy metal and alot of atrocities among countries while they make money for themselves and country.

i think war by no means is beneficial for any country or anything either it is the pump of bitcoin, and you are right that in war many innocent people are killed, so what is the means of getting high bitcoin price in war and i think we should not be happy with that, i hope that the price go high but not because of the war.
but getting logical i think the price has nothing to do with war, it is high just because the halving is coming near.

You may say like that but how can you explain the recent growth of the Bitcoin market? I have a feeling that most influential people are transferring their fiat to cryptocurrency because of the recent tension in both nations. I can say that money or even crypto id somehow affected with the conflict.

the impact (US bombing of Iran's generals) on gold and oil is already visible, where gold and oil rose by several %
but for Bitcoin, it seems the impact has not been seen, just wait until some time, if true Bitcoin will go to $ 24k then the price of another Altcoin will grow.

There are really of US- Iran Tensions make bitcoin in Iran raise with higher price? what connected between bitcoin with United State because this country become most against to banned bitcoin as legal currency payment transaction, I think have many way why bitcoin can raise whit higher price and have other side about why bitcoin can keep stable whit bitcoin price.

Bitcoin price may get higher but as a humanity we should pray that war should not happen. Even though Iran people sell bitcoin not all people will sell. Only few will sell the Bitcoin.
Let bitcoin grow but not world War lll shouldn't happen. Economy will be worst.

the obvious increase in bitcoin price is not because of iran and u.s. The news is just a trigger that bitcoin will definitely rise rapidly, in fact this year there are already many factors that can cause bitcoin to rise like halving bitcoin and many more. so in my opinion iran and u.s are just a bitcoin trigger via the news "btc 24k usd in iran".

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Don't take advantage when a country declares war! And we are happy because bitcoin went up? the war could widen and spread throughout the world if it really happened then it would be useless to be happy because bitcoin rises if the world experiences a war.
my hope is of course, bitcoin goes up but no more war, iran and u.s.

I really do not want to see a full blown war and the end result is human killing other human to show their power and we are living in a modern society and these politicians cannot understand the basic needs for everyone to have a peaceful life is pathetic, i condone the US attack and now Iran retaliated against our troops, these governments does order to carry out these actions and poor families will be loosing their loved ones and when these fight will end is a mystery. I am not sure about the legitimacy of the price in Iran.

War is a great way of making money for government. Just imagine, who wants war? I hugely doubt random American citizen wants to fight against person who lives in Iran, why should he care about him? He just wants to live on his own and be with family or etc, no one wants war and when there is one, that's because some persons want it and we are becoming their dolls and are used like voodoo. It would be great if people didn't follow every rules like robots but that doesn't happen, of course it has it's pros and cons but...
And people, bitcoin isn't sold at 24K USD in Iran, they just have two exchange rate, 1 - bank's rate and 2nd - rate used among people. Bank's rate is 4x higher and that's reason why it was said on article that bitcoin worths 24K USD in Iran, publisher edited that.

There may be a political conflict in the United States, because Trump is currently being tried, but if there are rumors of war, Trump's trial is on hold, all attention will be directed directly to war, on the other hand, in this case when There are two types of exchange, the one suggested by the Central Bank of the Government is not taken into account for transactions, the alternative is always used or what is called "Black Market", therefore, its economy is compared with that of Venezuela, since there is a lack of control, inflation and people seek to protect their income, the easiest is to use Bitcoin as a refuge for value.

This despair is what has caused that price, remembering that the market is moved many times by people's emotions.

Should we now concludes that the current market increase was as a result of the conflict between the United States of America and Iranian government? What other news are we expecting to bust the market aside from halving that we are all expecting come May this year.

I don't get it when you say iran US war will affected world oil price moreover cryptocurrency, i'm sure the war won't be ignited because US power military power is much more rather than iran, and iran must be have a really good strategy to start the war or they will destroyed. So i think it's not the time for worrying about cryptocurrency price because there will be no effect to it.

Right now, if you go to localbitcoins website the best offer on the table is 28 thousand dollars and not even 24 thousand right now. I don't know who is capable of selling that high or even if they are capable of trading honestly for those prices. What intrigued me and nobody talks about here is that most of them are people from other nations and not Iran directly.

There are two types of people who are willing to sell bitcoin for IRR and one of them is Iranians who use Swift which normally takes an insane amount of cost to trade and why nobody does arbitrage using Swift anymore but when the price is so high compared to real price, it is not a shock that they are willing to use it, the second type of people is other nations like Turkey or Iraq and even one from Isreal which was shocking to see.

I forgot about the asset in stock market that got up dramatically because of Trump seizing fire against Iran. And that's a great news. I wonder OP why will bitcoin will go up if there could be some war up ahead? I mean wars could deal massive destroy on economy on ones country right?

Let's see as of the moment we cannot really tell that the war between those 2 countries lead the market to go rise, I think it is just a coincidence because there were many people really buying Bitcoin at the beginning of the year and they are also expecting something from the upcoming halving.

I also don't think if war thing has any impact on BTC at this point. Even if it escalates do we really think that avg joe will be in crypto business at this point? Or the arab guys for this matter. Nobody will care for BTC or anything close it in times of real danger. The gold will be the 'go to' asset as it has always been. What happens to BTC network when Russians cut the atlantic internet cablez? I wonder how fast it is gonna take for people to transition onto satellite solutions when the Internet is gone.

I think it does, as what we have see , bitcoin starts to pump when the tension arises , it has been a pump that happen recently and nobody expected that, maybe because due to some panic, people started to sell their gold or other investment and exchange it in bitcoin, because it is too easy to get your money when you left your country and you will get your bitcoin thru internet in another country.

I think US-Iran tensions are really affecting the bitcoin price which is somehow a happy-sad effect. Happy for bitcoin holders but in away sad for the human welfare. Its a mixed feelings but I think its more on the usd value that also make the price height. We'll just hope for the best as we all know its not always a war that makes the bitcoin price rise. Its just too bad to take advantage of the war or something like being happy for their war.

Yup this two country war tensions makes a big big affect to bitcoin behavior not only btc but also for gold. This really sad for both country no one will win on war and thankful that the war finally over hopefully this will not happen again.

Its just between Iran and US and some of the allied countries that backs Iran. if the conflict started to involve bigger countries like Russia, China, and Korea, start to fill up your bags and keep them safe, but still I would go for Gold because if you notice the price of Gold started to climb slowly when the conflict between Iran and US started to escalate.

Just because it's listed at the price, it doesn't mean that he's actually selling anything for $28,000. Again, if they have access to local bitcoins, they have access to all of the other people on there selling for $8k. No one is going to spend $28k for something on a website whenever you can get it for $8k from the exact same website. If you're buying a few Bitcoins, you could easily afford to spend a couple hundred dollars on a plane ticket and even meet someone in person somewhere and save yourself 4x the cost. Even if Iran has banned easy access to Bitcoins.

Well, I don't know whether gold will be used as a transaction tool at the time or not. but I think that if what you mentioned actually happened, I think the price of crypto would be really affected, and if it happened before halving, then halving would be another impetus. I can't speculate on prices, but that would be really high.

I think the reason behind that is people are start to use their bitcoin and they start to buy bitcoin to have an online transaction because of the war crisis. But I am not thankful even the price of bitcoin wass increase because I know if the war will continue all of us will be affected not only in bitcoin price but also in our life.

Need tension between Iran and United State to make bitcoin and altcoin back to higher price, after few days Iran and United State have stop their tension bitcoin looks down and back with lower price, need time when Iran and United State back again for fight and give effect for bitcoin back to higher price, some time bad thing could make bitcoin have higher price.

It doesn't mean he is selling for those kinds of prices (well maybe he is, we can't know) but at the same time we can't just say that the price is exactly the same on Iran neither, like maybe it is not as high as $28k of course but I doubt it is market price neither. Just to give an example if you sold bitcoin for $10k in Iran right now, I am pretty sure you will be capable of.

However, the trouble most of the time is that they are very strictly watched nation so if you do not pay your bribes to right people, you may end up with a lot of taxes and other troubles that make it look like it is legal but in reality is a punishment that normally other people don't get for doing the same thing. However, if you bribe the right people, there has been billions of dollars worth of gold that came in and out of that nation when it is illegal to do so.

I remember reading it many times in some high profile reports like Wolong's confession that this type of news is just used by market makers to influence opinion. Seriously, who is selling his personal stuff and going btc in first 24h after incident such as this? All i'm saying is this price movement is not caused by the Iranian people by any means. It is Chinese, American and European money playing the news.

You want these 2 countries to war? This is really a very bad idea because this war is really meaningless and will only affect the lives of others. I don't want Bitcoin to go up this way and I will only invest when the market is really stable because any news that causes the price of Bitcoin to rise will put investors at great risk.

In fact, when Bitcoin rises, after a few days it is certain the coin will have many corrections and the market will continue to decline until more news comes. This loop will never stop and Bitcoin will continue to be manipulated by others.

What I think is that if bigger countries like Russia , China, etc are also involved in this conflict then the prices for gold, crude oil, minerals, etc might fall because in the war like situation most of the capital in required and for acquiring that capital those bigger nations might need to sell off their resources which might bring the price for those resources on the descending graph.

None of the country has profits from the war and all what is left behind are huge looses of life, resources, ammunition, etc which brings the economy temporarily down. The countries involved in the conflict has to cover up their losses in order to stabilize their economy again.

The price of bitcoin will not reach that price in a fast phase because if that happens then it will show a huge parabolic move in the chart and it is not healthy for an asset because it means that the dump will be worse. The tension between US and Iran is now settling down and I think that we can still reach that target price without relying on something bad like a war.

It is true that the conflict between the U.S. and Iran will bring a lot of misery in all ways, not only the economy but also everything will be affected by this war, without a doubt, the economy will be the main thing and the price of oil will be severely affected. So when the oil price gets high then everything is going to face a lot of crisis in every area, but it's not time to say that the bitcoin price is going to get high because of the U.S. and Iran war, but Tramp is playing with fire, I think both tramps and Iran are going to pay a huge price if they can't stop right now.