Bitcoin will be main currency during WW III, and back to $20k ?

[hendra147]

today i read this news , after issue about " Pentagon confirms Trump ordered killing of Iran Guards commander"

and now bitcoin take seat t be main currency
Bitcoin Selling for $24,000 per BTC in Iran as US Tensions Escalate



local bitcoin transaction volume

source : https://cointelegraph.com/news/bitcoin-selling-for-24-000-per-btc-in-iran-as-us-tensions-escalate

of course WW is bad for economic and humanity, but this thing can turned bitcoin to be main currency, why?
because bitcoin is pure decentralization, no people can reject transaction, no goverment can stop it

[ashmodeus]

i just have speculation , why btc is have a high prices on IRAN area its because they need alternative money.
and so far , world just know bitcoin is the best choice for it, that why price soo high there.
so what happen if WW III happened ?
of course bitcoin is nothing, since all of mining farm will be destroyed, no more internet, no more altcoins.

[joniboini]

I don't wanna see a stupid war going on even if that push Bitcoin price. Lots of people are dying here and there and it leaves a bad taste in my mouth.

The conflicts are bad enough already and I hope it would stop. Life is more precious than money, especially if you live in a war zone. Pretty sure nobody wants the world to go to war even if they have 10 billion dollars because that means nothing when you can't even feel safe.

[stomachgrowls]

I don't wanna see a stupid war going on even if that push Bitcoin price. Lots of people are dying here and there and it leaves a bad taste in my mouth.

The conflicts are bad enough already and I hope it would stop. Life is more precious than money, especially if you live in a war zone. Pretty sure nobody wants the world to go to war even if they have 10 billion dollars because that means nothing when you can't even feel safe.

Same sentiments for this situation.It doesnt need nor not really pleasant on the eyes on seeing a war, you wont be feel happy just because you do see the advantage of it.

People shouldnt really push that btc would be the main currency.It might rose up its price or demand on IRAN but doesnt mean that it would affect as a whole.

[jazmuzika217]

I think bitcoin have a huge price in Iran because they need an alternative money because they are in communism country so they need to have an easy transactions that can do anywhere because it is hard to go outside their house so it is better to transact online. I hope bitcoin will have a huge price increase in global market.

[Wexnident]

Imagine BTC price being pushed because of a war. Honestly, even if the war is going to be pushed through, I doubt that is enough of a reason for it to become the main currency. Iran has most likely bought it at that price because of the depreciating value of their currency AND with the war having a possibility of coming, honestly brings 0 possible development to the market of their country.

i just have speculation , why btc is have a high prices on IRAN area its because they need alternative money.
and so far , world just know bitcoin is the best choice for it, that why price soo high there.
so what happen if WW III happened ?
of course bitcoin is nothing, since all of mining farm will be destroyed, no more internet, no more altcoins.

Little discussion about what you said in the latter part. Mining farms may be destroyed, but its core concept on the internet and the internet itself would not die. It wouldn't die simply because the internet dying means cutting off EVERY device on Earth from the internet, which is close to impossible.

[iram3130]

I hope there would be none or minute retaliation from Iranians but if there comes a war then BTC will definitely gain more and more popularity in Iran and its friends. They can easily transact in and out of the country with BTC. US cant sanction that so it will be a situation to resolve.

[bitcampaign]

It seems like this is being warmly discussed, I think the Iranians are more familiar with bitcoin than America, but if their currency isn't really used there, I still haven't gotten more information and why bitcoin is used there as a payment tool, it's confusing if indeed bitcoin is used there as a payment tool why there is no price push on bitcoin today, there are times when bitcoin will travel above $ 20k again

[topbitcoin]

For something like WW III although a lot of people talk about it, i hope it not really happen. Because it can make other countries get impacted. I mean, for something that destructable like that, i don't think internet will be really easy to access and how they can manage their bitcoin if there are no more internet because of impact from WW III.

[novaprime]

I don't wanna see a stupid war going on even if that push Bitcoin price. Lots of people are dying here and there and it leaves a bad taste in my mouth.

The conflicts are bad enough already and I hope it would stop. Life is more precious than money, especially if you live in a war zone. Pretty sure nobody wants the world to go to war even if they have 10 billion dollars because that means nothing when you can't even feel safe.

I also don't want war to happen because any war will only make the people of that country feel more miserable. In fact, the crypto market will often have a lot of volatility when this news comes out but certainly the life of war nation will not be happy so do not expect too much in this war. In my opinion, Bitcoin will still grow in a positive way by 2020 and you should be more patient to make a profit.

World War 3 was really my obsession and hoped that the two countries of the United States and Iran would have many peaceful solutions because I don't want to see death in this war.

[BigBos]

I think that this has to do with weapons or unusual transactions. if WW happens, I think bitcoin will indeed be used to disguise transactions. Well, at WW, I thought there was no time for people tracking down bitcoin transactions.
but, I really did not expect that to happen. I think to increase the price of bitcoin, halving alone is more than enough. don't war again  .

[rijaljun]

If WW III really happens, then it is sure for Bitcoin to be a medium of transaction and could be more than only $20.000 USD.

But, it is an unsure things and hopefully WW III won't be as we will be put in a chaos. Do you expect a chaos just to make Bitcoin price flying high? I hope you don't.

[Beparanf]

I think that this has to do with weapons or unusual transactions. if WW happens, I think bitcoin will indeed be used to disguise transactions. Well, at WW, I thought there was no time for people tracking down bitcoin transactions.
but, I really did not expect that to happen. I think to increase the price of bitcoin, halving alone is more than enough. don't war again  .

War issue arises due to airstrike in Arab, we don't know yet if it will really lead to war but hopefully it's not, it will affect too many people, sectors and economy especially lives of innocent one. The price back to 20k is also not guaranteed as it may turn the other way out.

[Janation]

Just hope something can be done to avoid this war.

Allegiances are happening and that would might not stop from just 3 countries, that would involve other countries too that is alliance of America. In terms of the price, would tgat really affect the price or just their price? I don't think the price would change as a whole.

[alyssa85]

today i read this news , after issue about " Pentagon confirms Trump ordered killing of Iran Guards commander"

and now bitcoin take seat t be main currency
Bitcoin Selling for $24,000 per BTC in Iran as US Tensions Escalate

Iran has capital controls. So the only way to get money out of Iran is either bitcoin or gold, and for obvious reasons, bitcoin is easier to move.

I don't think there will be WW3 BTW, but I think the sanctions net around Iran will tighten further, making their economy worse.

[xZork]

In IRAN and Venezuela, the price of bitcoin is very high, people in those countries are losing confidence in the currencies issued by the government and bitcoin is the best choice for them.
If the world goes into a crisis or war I think the price of bitcoin will go up very high. Bitcoin is easier to move than all other currencies and assets, we just need to save our wallet and can use it anywhere.

[Ahimoth]

It seems like this is being warmly discussed, I think the Iranians are more familiar with bitcoin than America, but if their currency isn't really used there, I still haven't gotten more information and why bitcoin is used there as a payment tool, it's confusing if indeed bitcoin is used there as a payment tool why there is no price push on bitcoin today, there are times when bitcoin will travel above $ 20k again

That's always good to see bitcoin aimed that profitable price of $20k without war. In cases of Iran, they're more particular with this bitcoin as tool for payment because they're hungry for financial independence. All transactions that linked to their country was barely encrypted using cryptocurrency, so there's no need to be confused now. Hopefully their conflict will be arranged to avoid bloody history.

[panganib999]

Well, I hope BTC develops, but not because of a war please. Like, this just makes it look like BTC is taking advantage of the war to spread its influence. Yes, we all know how dollar is sht right now because of how the government has managed it and has turned it to be to what its state is right now, but a lot of people still acknowledge it and has no idea what is happening. It overhauling the US would look like an usurper to most of the populace, which is imo, a bad image for it. Especially since most of the government has refused to acknowledge its existence.

In IRAN and Venezuela, the price of bitcoin is very high, people in those countries are losing confidence in the currencies issued by the government and bitcoin is the best choice for them.
If the world goes into a crisis or war I think the price of bitcoin will go up very high. Bitcoin is easier to move than all other currencies and assets, we just need to save our wallet and can use it anywhere.

Well, the war may be coming and any currencies they currently have is already rekt. Even without it, their economy has already stagnated their development so it is pretty hard to rely on their currency as of yet.

[Genemind]

Iran needs Bitcoin as its supporting currency because of the incident in their country which would affect them negatively especially when WW3 happens. Their economy might fall badly so they're wise enough to have Bitcoin as their last resort. From this incident, we can see how Bitcoin could rescue a shaky economy. It's just a sad thing that the price of BTC is becoming better in a negative way. This type of news is really a bit frustrating.

[LUCKMCFLY]

This fact has caused in some countries a slight increase in Bitcoin, although it could be said that the increase in the price of the dollar, the increase in the price of oil have something to do with this attack.

However, for countries such as Venezuela and Iran, which currently have a disaster economy, the price of Bitcoin is high, for Iran these purchase orders have been made, although the price has fluctuated from $ 6800 to $ 7300 for Bitcoin, for $ 25k prices have not confirmed any purchases.

According to Messari, Ryan Selkis, who is the founder of crypto analytics, says:

“Bitcoin is trading at nearly $24,000 in the USD equivalent of Iranian Rials on LocalBitcoins today. It's unlikely those purchases are paying for the Iranian military's response. Instead, it might be innocent (and desperate) Iranians looking for a way out of the coming chaos.”

Source: https://cointelegraph.com/news/bitcoin-selling-for-24-000-per-btc-in-iran-as-us-tensions-escalate, cointelegraph.com

I hope that these facts do not happen to something else like a war, in some statements from the USA, they say that the intention of such an attack has been misunderstood was to avoid war, they do not want war.