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th3nolo
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January 05, 2020, 05:41:31 PM |
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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?  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. Indeed, Bitcoin is not correlated with most assets in the market, but it has been promoted in recent years as a safe-haven asset. So maybe it's just an attempt by people who promote bitcoin as a safe-haven asset to maintain that narrative. |
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jameshugo17
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January 05, 2020, 07:07:20 PM |
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The Iranians have already taken bitcoin years ago. The dollar gained much value. The Iranian domestic currency is in a very bad state. The international economy has pushed Iran out of the system long ago. I don't expect a new wave. But Bitcoin is becoming more and more popular.
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russel123456
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January 05, 2020, 07:33:37 PM |
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I think that btc price will not move up by US-Iran war..😉😉
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joinfree
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January 05, 2020, 08:19:50 PM |
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Actually there have been reports of huge amount of money being used to buy bitcoins as reported but i don't think the amount that is bought from this country alone is enough to cause a major rise. Halving is definitely a pitch to look at with the rising of bitcoin price.
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squatter
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January 05, 2020, 08:33:45 PM |
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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. Bitcoin definitely isn't a safe haven asset like gold. Its monetary properties may warrant descriptions like "digital gold" but as an asset, it's far more speculative. It's a brand new asset class, a decade-old technology where severe bugs are still possible -- so it's fundamentally risky, which is the polar opposite of a safe haven asset. |
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drumamat
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January 05, 2020, 08:43:18 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?
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. I also think that the relationship between gold and oil in relation to bitcoin is minimal.If we compare the capitalization of oil, gold and bitcoin, then bitcoin is a drop in the sea! |
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Jocuserious
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January 05, 2020, 08:43:59 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?
The chance have anytime bitcoin price can be jump i think right now we have already rising movement ow. Actually i know this rising not happy for more people because their was bought higher price, so take your own time even we can expect this year good chance bitcoin rising. |
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Slow death
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January 05, 2020, 08:54:03 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? This is affecting the price: Bitcoin selling for 24000 per btc in iran as us tensions escalateI believe the price increase from $6900 to $7400 is related to these events. |
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salty
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January 05, 2020, 08:55:22 PM |
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Let's reflect.Even if the war starts, what will cause demand for bitcoin?In fact, this is a difficult topic and how can you be happy with the price increase if there is violence and murder somewhere?Let's not think about the price but about the fact that the war does not start.
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ashmodeus
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January 05, 2020, 09:03:58 PM |
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well, besides it , u choose to let war happen to make bitcoin price to da moon ? 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? This is affecting the price: Bitcoin selling for 24000 per btc in iran as us tensions escalateI believe the price increase from $6900 to $7400 is related to these events. so far i just see this is a common pump, bitcoin just increase by 1.4% ,basically demand for bitcoin will increase rather than another altcoin if that really happen. |
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JollyGood
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January 05, 2020, 09:22:48 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?
I doubt the price of Bitcoin fluctuating would have anything at all to do with a war. An economic decision though implemented by a government regarding the usage of crypto might have an effect but very few variables would be affecting the price of crypto. |
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LUCKMCFLY
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January 05, 2020, 09:43:29 PM |
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The correlation that exists between bitcoin and the actions of the stock market is low, which makes it a good refuge, on many occasions after a war that drives the economy forward again is gold, however, it can be taken as a reserve of value for bitcoin.
For there to be war, Iran could not, it would have to join 1 or 2 Power Countries to be a good opponent against the US. UU., Oil increased by 4%, because it is of other use, in Iran long before the attacks, the increase for fuel was up to 200%, which caused many problems, including the suspension of Internet service, then $ 24k in price for Bitcoin, I could not say with certainty what could happen with Bitcoin in a war scenario, I suppose it would grow a little in price, since they would use it as a refuge of value, in this case Iran would go Very good because your local economy has been in decline.
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Doell
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January 05, 2020, 10:15:40 PM |
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I think it has something to do considering the security of bitcoin is guaranteed in a cold wallet ,but if a war is needed only to survive with all conditions so its possible yes and not it can happen I will not conclude it early because that war is bad
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dimox
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January 05, 2020, 11:27:17 PM |
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when all of government acknowledge bitcoin as currency or asset, the price will go up. the effect of war will give to gold and other valuable thing. but we never know when the price will rise, it can be happen after a little bit of chaos.
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smyslov
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January 06, 2020, 01:27:08 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?
It's a war against one country I don't think it will escalate into a world war, it could help the price to go up, people in Iran might think or are now buying Bitcoin for a possible migration, US will not back down, we could see another Iraq, if this escalates, but there is no way Bitcoin will go down because of this, it's just one part of the region. |
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gentlemand
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January 06, 2020, 01:59:14 AM |
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[Think of it in this way. There is another world war because of this IRAN tension. A destructive war would mean that banks, paper currencies and gold can be destroyed but blockchain will survive because of its decentralize nature. No one can destroy the bitcoins even in the war, so does not it make it the best investment ?
If banks are gone and gold is reduced to a useless rock and you approach the guy hoarding water, antibiotics, food, naked women and bullets and start noodling on about your scrap of paper with useless numbers on and how he should be honoured to accept it you'll probably wind up with a machete buried in your forehead. |
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sisule
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January 06, 2020, 04:05:46 AM |
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I worry if really happen with war world III where economic faced bad trouble and bitcoin or other digital currency payment will drop to lower price, need to recovery between both higher country Iran and United state for make announcement stop war and keep back to their country, never take business with other country problem because can make trouble always.
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barabarian1
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January 06, 2020, 04:49:03 AM
Last edit: January 06, 2020, 07:21:54 AM by barabarian1 |
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I think bitcoin has its own ecosystem which is not affected by world political and economic conditions. and this conflict between Iran and the United States will only have an impact on oil and gold prices. and rising oil and gold prices will not have an impact on the price of bitcoin. but if the Iranian government decides to move its assets to cryptocurrency it will certainly have an impact on the crypto market.
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TedMosby
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January 06, 2020, 06:06:22 AM |
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What anonymous parties? Who exactly are these people? And why would they do that? I think you yourself haven't experience what it feels when in the middle of the war? Think again if you know what i mean.  Cryptocurrencies won't be useful in a dead city where there's no electricity or lights. Have you ever read about rothschild family, the most famous banking family. Well, this is OOT, because this is about conspiracy theory. The war between france and britain was supported by this family. France supported by jacob rothschild, meanwhile britain supported by nathan rothschild. It is a win win for rothschild family no matter which side will win this war at that moment. They conspired against Britain and funded Napoleon to conquer Britain, but later decided it was profitable that Britishers won the war and the Royal family be indebted to Rothschild. Read more on: https://www.disclose.tv/the-rothschild-family-is-worth-500-trillion-and-is-still-not-on-worlds-rich-list-310800https://www.conspiracies.net/rothschild-conspiracy/What I want to say is, in this era, you can be the next rothschild, and it can happen anonymously. Anything can happen, and this is just one of many scenarios that can happen to fuel up bitcoin price. Sorry bad english, i hope you can get my point. |
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inanilujimi
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January 06, 2020, 06:47:25 AM |
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As far as I know the world market chains with bitcoin are not related to each other.
So there is no effect whatsoever with the increase in world crude oil prices and Iran.
The highest record of all time the price of pure bitcoin because of the entry of new investors who do not understand Blockchain and invest blindly dividing.
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