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January 05, 2020, 08:05:03 AM |
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ? Oil and gold prices are already up within last few days. Will Bitcoin will be next?
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pakhitheboss
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January 05, 2020, 09:06:52 AM |
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Chances are there will be a short war but, I do not think the price of Bitcoin will go up. The price of fuel will certainly hit the moon and economically Iran will not survive.
Bitcoin price is not corelated to global economics. It has its own ecosystem.
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squatter
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January 05, 2020, 09:11:58 AM |
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ? Why would a war with Iran be good for Bitcoin? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Oil and gold prices are already up within last few days. Will Bitcoin will be next?
Bitcoin isn't positively correlated with crude oil, nor gold. That doesn't bode well for your theory. US-Iran tensions have caused oil prices to rise in the past and gold is a safe haven asset -- it makes sense why they would rise. But why Bitcoin? If it rises from here, I'd consider it a coincidence.
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sovie
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January 05, 2020, 09:13:19 AM |
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Iran is not a fool to fight with USA. He knows he cant survive in case he goes on one to one fight with USA. Iran will only launch some small attacks on USA in different countries making sure nothing happens to its territories. I dont think bitcoin will be the beneficiary in any case only oil will be.
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joelsamuya
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January 05, 2020, 09:14:00 AM |
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Seeing the world economic conditions, will bitcoin move to all-time high if there is a War with Iran? Oil and gold prices are already up within last few days. Will Bitcoin will be next?
One of the many effective things that can push the price of Bitcoin is uncertainties in the face of turmoils or conflicts. When there is that assumed and real higher demand for anything then there is a big chance that its price will b jacking up. However, this can be short-lived as there is actually no big war that will be occurring between the USA and Iran. These countries right now are very careful not to go into a major conflict with each other. The time is not yet right for that and I am sure that both parties are aware of this. USA is just projecting its power and using available resources to counteract anything it is perceiving to be threat.
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Kemarit
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January 05, 2020, 09:24:58 AM |
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ?
I don't think so, I'm not seeing any correlation. Bitcoin hasn't been tested in world war. And Iran is not that dumb to go full scale war with the United States. Oil and gold prices are already up within last few days. Will Bitcoin will be next?
Gold has been tested during the last world war, Federal Reserve's Role During WWII.
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CarnagexD
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January 05, 2020, 09:36:02 AM |
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ?
I don't think so, I'm not seeing any correlation. Bitcoin hasn't been tested in world war. And Iran is not that dumb to go full scale war with the United States. Oil and gold prices are already up within last few days. Will Bitcoin will be next?
Gold has been tested during the last world war, Federal Reserve's Role During WWII. I believe so, as stated, bitcoin's economy is different from fiat money, which means that it wouldn't be affected even if fiat's price skyrocket, but if this war goes large-scale, which I hope it doesn't, it could obstruct progress and technological advance, the same will happen with the internet. And as we all know, bitcoin's heart is in the internet, this could cause bitcoin's price to drop drastically as technology becomes more and more inaccessible.
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virasog (OP)
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January 05, 2020, 09:37:52 AM |
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ? Why would a war with Iran be good for Bitcoin? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Oil and gold prices are already up within last few days. Will Bitcoin will be next?
Bitcoin isn't positively correlated with crude oil, nor gold. That doesn't bode well for your theory. US-Iran tensions have caused oil prices to rise in the past and gold is a safe haven asset -- it makes sense why they would rise. But why Bitcoin? If it rises from here, I'd consider it a coincidence. My point of view is that if Gold is the safest heaven asset, what about bitcoin. Bitcoin is the next new asset or currency in which the world will put their saving when they feel instability in local currencies and therefore Bitcoin should move up, if there are any war tensions in the world which involves US.
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arimamib
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January 05, 2020, 09:45:03 AM |
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I think it has not had an impact on bitcoin, because the use of bitcoin and also the popularity of bitcoin is not like gold and oil which is certainly a different sector from bitcoin. digital assets such as bitcoin may not be affected by the war, because people today assume that this war thinks that fiat money will be worthless so they divert funds to gold.
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samuraijin
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January 05, 2020, 09:59:20 AM |
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ? Oil and gold prices are already up within last few days. Will Bitcoin will be next?
I think it will have an effect where bitcoin seems to be able to survive when there is a world war, everyone might not feel safe enough to hold gold and let alone cash at that time, but I don't know even even bitcoin had never existed in the second world war, but I think it will be quite influential though a little
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yazher
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January 05, 2020, 10:37:15 AM |
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ? Oil and gold prices are already up within last few days. Will Bitcoin will be next?
We can see some news about the increase in BTC price in IRAN, the only change we need to see if the price in the world market will move up in these coming days. The war will likely break out but there is no assurance about that because those 2 countries are once allies when they killed Saddam Hussein of Iraq. In my opinion right now, this is only something like a role playing scene where they sacrifice some pawns to managed to get some support from their people.
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fortunecrypto
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January 05, 2020, 11:33:47 AM |
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ? Oil and gold prices are already up within last few days. Will Bitcoin will be next?
I don't think we are going to have a world war 3 here Iran is not a superpower or they have allies that are willing to wage a global war with them, they will likely retaliate, in a guerilla type of attack but not on a face to face warfare they are no match on that, and I think it will have a major impact on Bitcoin, Bitcoin will go on moving up only a disruption in its ecosystem, and hacking can have an impact on it.
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Astvile
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January 05, 2020, 11:43:48 AM |
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Oil and gold price rising don't necessarily mean that bitcoins price will grow too after this war is over or if there will ever be a real war between Iran and the USA. Bitcoins price is not dependant on those 2 so we should not expect a pump for bitcoin just because of a war, the local price in Iran will pump but not the total price exchange price for sure.
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Fundamentals Of
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January 05, 2020, 11:48:50 AM |
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ? Oil and gold prices are already up within last few days. Will Bitcoin will be next?
I don't think there will be a rise in Bitcoin's price if a war is taking place between the US and Iran. If there is, it is just like what is said in the news, a rise inside Iran or inside the areas where the war is actually taking place. As to the rest of the world, the price would remain the same. This is also what happened in Venezuela or Argentina where the prices of Bitcoin is also very high compared to the rest of the world. Oil is directly affected because the middle east is where the danger is present. Bitcoin is not coming from there.
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nasipadang
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January 05, 2020, 11:58:51 AM |
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ? Oil and gold prices are already up within last few days. Will Bitcoin will be next?
Nothing is good from the results of the war, the economy will be critical. I know what you mean about the many demand for bitcoin because of the critical economic situation and how there will be many investors who see bitcoin as the safest asset in the world war because of decentralization. I'm not sure how investors will see world war and how they will secure value? all possibilities can happen.
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█▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . 1xBit.com Super Six | | | | ▄█████████████▄ ████████████▀▀▀ █████████████▄ █████████▌▀████ ██████████ ▀██ ██████████▌ ▀ ████████████▄▄ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ▀██████████████ | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | . Premier League LaLiga Serie A | . Bundesliga Ligue 1 Primeira Liga | | | | . 6 BTC PRIZE POOL | │ | . TAKE PART | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ |
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royalfestus
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 05, 2020, 12:05:22 PM |
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Recently we dont see war against countries, I expect a form of settling within the 2 countries but may not be soon. There are also indications that the attack was not from USA but his allies, who he showed the support for the attack. It will be dangerous for Americans on ground and some other nationals, there will be a lot of evacuation. Bitcoin is not meant to benefit from war but acquisition of bitcoin can be the form of preservation of one's financial portfolio is time of national crises.
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marckenigsberg
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 05, 2020, 12:15:58 PM |
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I don't think a specific war will directly help Bitcoin price. But every time there is a war people question government and their leadership. The same with financial crisis. This causes people to think about the way the world works and some of them then go on to discover Bitcoin. So I think all bad global events ultimately indirectly lead to more Bitcoin adoption as people understand there is a better way to govern. At least as far as money i concerned.
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asus09
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 05, 2020, 12:23:28 PM |
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Between Iran and United State I think most wonderful for Iran want to allow and adopted bitcoin and have higher price than bitcoin global price, for United State they never want to allow bitcoin as legal currency payment and never give way for bitcoin become legal currency payment. When Iran become the winner in this war bitcoin become most popular digital currency payment transaction.
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Youghoor
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January 05, 2020, 12:32:53 PM |
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ? Oil and gold prices are already up within last few days. Will Bitcoin will be next?
First and foremost, why should you have this mind as a human being living in this world? Why will you think of war happening in Iran? Rational human beings will never think of war happening again. You are just concern ab9ut what will happen to the price of bitcoin rather than what will happen to human lifes when there is a war.
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Divinespark
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January 05, 2020, 12:40:23 PM |
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Bitcoin price is not corelated to global economics. It has its own ecosystem.
Bitcoin and the cryptocurrency market have a common ecosystem with the entire financial market in the world. So if there is a war, I believe that the price of bitcoin will increase rapidly and may break ATH in the near future. War can happen if the tension continues to escalate, we should hoard some BTC now and wait for what next happens
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