World Economy and war situation and crypto

[TheCoinGrabber]

If it gets bad enough - or people think it's bad enough. Think of the bank runs usually associated with certain downturns. There were for example reports the BTC prices in Iran increased during the recent tension.

Prices for thinks like stocks and crypto are heavily affected by demand and if people are rushing to get BTC due to fear of their money's value being cut - or worse losing access to their money, then that would drive prices up.

But if we are going to talk about risk that the Iranian people are facing as of now, investing their money in cryptocurrency or in stocks will not going to change the fact that their lives are in danger, I understand that they want to ensure the safety of their future by converting their fiat to crypto, but my point is that they can't make anything about it if they die, their cryptocurrency will be lost forever with them.

I'm stating about the possibilities that could happen, and also being half negative about what might happen between USA and Iraq.

Converting to crypto might make it easier for them to take their money with them. I don't know exact sanctions placed on them but I'm assuming it would make international banking hard. Even without that, if their money is locked in banks, they'd probably find it hard to be wired to them abroad once shtf, since no one would be operating the banks at the point.

I see converting as a preparation for escape. Get your money out of the bank, convert some into crypto and keep the rest as cash in hand - it would suck if you need food and find that you can withdraw from your ATM and the CC terminals are not working. Once you flee to a different country you can just send your bitcoins to an exchange where you can convert it to the local fiat.

[alexsandria]

Well it seems war isn't going to what we think it would be. Both sides are calming down. Economy especially in Iran since they aren't as powerful as US in terms of economic growth that is why people are in a bit of panic unlike the American, and I don't even know if they really care at all. So if this thing might still started it would have a bit of an effect in crypto currency market especially to those crypto enthusiast in particular countries, might a hook up in price but anything else like shutting this space down won't be happening.

[Mihaylovic]

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?

i dont think so. the reason of the bull season was not a war or any political situation in 2017. And either bear was not as well. Market is pretty more independent from these kind of things.

[Wipeout2097]

War is not good gesture for stability of economy and the crypto,As we all know still people unaware about the crypto and the governments not agree to legalize the cryptocucurrency,If war happens there will be no use of the crypto because majority of country dont allow the crypto and still vendors are not accepting the crypto payments.

This is time governments avoid the war tensions and just focus on the stability of economy,help the people to reach new technology and utilize it to make their lives more easier.

[Yatsan]

If we talk about the growth of bitcoin in the framework of the war, then I would prefer that there would be no war at all. Personally, I do not see any parallels associated with the military conflict between the United States and Iran due to which oil and gold have risen in price.

Since a war would put all of us in possible death, I'd rather see bitcoin disappear in the market. US has its currency backed by oil coming from middle east on which the case for US is to lose when they engage with Iran. Talking about golds that US have, well they don't have more gold than China as this country hoard a lot of that so maybe we should keep this in silence. I think Trump already knew where America will find itself when they start a war, that's why he did not pursue it.

Bitcoin is being manipulated, which means its growth may mean nothing against the backdrop of a flaring conflict. After all, manipulators can easily raise the price artificially during an increasing tension, in order to create a false impression.

Coincidence? I think not. Price surge is common especially in countries that is experiencing a crisis like in Hong kong. Manipulators could just put a fuel on the fire taking advantage of the current events but the pump we have last week is surely because of this situation.

[heidikim]

Battle will be released and cryptocurrency will rise ?? I don't want to believe that. I have better dreams for Bitcoin. I think it offers an opportunity for a more just world. But if the price rises because of the war, a ridiculous situation will occur.

[coin-investor]

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?

Maybe there is, but it's not enough to create a shale up, his action can have an impact on Iran's or the US economy but I doubt it has overall in the performance of the market, there's hardly a surge or a dip as if things just go on normal, I believe even if there is no war, we will still get into the $8000 mark.

[clickerz]

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that the current situation has any impact on crypto?

Maybe there is, but it's not enough to create a shale up, his action can have an impact on Iran's or the US economy but I doubt it has overall in the performance of the market, there's hardly a surge or a dip as if things just go on normal, I believe even if there is no war, we will still get into the $8000 mark.

I think its more on organic growth already, though slowly but hoping it will continue going upward. Also, since halving is coming, this may another factor, as most crypto enthusiasts view this as a positive move also. I do believe that a war in Iraq gives a little spark too, but not enough to a bigger leap.

[CodyAlfaridzi]

Whats Ur take on that?
War situation USA Trump Economy and crypto Currrency?
Do u Think that current situation have any impact on crypto?

Yes. As you can see that Bitcoin price went up coincidentally as the Soleimani assassination news broke out. Could it be coincident? Yes. But I lean towards the other side, I believe people have seen Bitcoin as a store of value, the digital gold.

Bitcoin's future is looking good as halving is near and the timing also coincides with the potential of a recession and possibly another turbulent year in Iran. Buying Bitcoin now might be the best decision.

[brontosafar]

If you just ask it will be impact on crypto price , the answer is Yes.
For sure you can search easily on internet what happening on bitcoin price in Iran after Trump kill Soelomani, in Iran it makes bitcoin price unstable and rising higher.

And impact to bitcoin on worldwide country that price is rising , because bitcoin rising so another cryptocurrency will be rising to.
I think bitcoin price will be more rising and rising because this situation until first quarter of this year, and the question is who get the advantage of this situation ? there are we all the trader of cryptocurrency get the best advantage because we can get more profit 

brontosafar

[merchantofzeny]

It could introduce more volatility into the market. During times of unrest people tend to try to move assets around in panic and then some of them would move those again when they feel it's starting to subside.

I'm not really expecting the halving to have a large effect on the price but if unrest continues, it could make bitcoin a bit more volatile, which could make it more open for manipulation. Expect more jumps and plan accordingly.

[marcous]

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?

if you talk about the current situation it could have an effect on the world economy for sure. but if related specifically to cryptocurrency I'm not too sure. unless if a world war is can't be inevitable anymore it will certainly affect the crypto,
the up and down of the price of bitcoin have long been before this kind of problem because the price of Bitcoin/crypto is basically fluctuating. and if there really is an increase it could be due to the influence of the news about Halving too I guess.

[Cacingkemi]

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?

if you talk about the current situation it could have an effect on the world economy for sure. but if related specifically to cryptocurrency I'm not too sure. unless if a world war is can't be inevitable anymore it will certainly affect the crypto,
the up and down of the price of bitcoin have long been before this kind of problem because the price of Bitcoin/crypto is basically fluctuating. and if there really is an increase it could be due to the influence of the news about Halving too I guess.

of course, the ups and downs of the price of bitcoin are completely unaffected due to the USA war, an event such as this has been experienced in previous years. it would be more precise if the war that occurred between the USA and Iran certainly had an impact on the world economy and not on cryptocurrency

[White Christmas]

There would be a large impact if the United States will be having a war situation to the cryptocurrency. Why? Simply because cryptocurrency is also designed for economics in order for them to be good and to stand alone. Cryptocurrency will help a lot to the economic growth of one country and it may triggered a good income to the next few months.
If the world economy will br having a war situation to the crypto then probably it would be a huge problem to crypto community because I am pretty sure that it will affects the market and there will be some dump on it because of the war that may happen, hopefully it will not come because if this come this would probably will became a disaster for us.

[fullhdpixel]

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?

I don’t think that the current situation will have any effect on cryptocurrency. And as to whether cryptocurrency can leave through any war or disaster, the answer is probably a Yes. I don’t think that Bitcoin can easily be destroyed in such situations, since there is no Central unit that is controlling Bitcoin and most other cryptocurrencies, there is really no way, unless internet goes off, which is likely not going to happen and if it does happen it will still come back, or if it should go off in a particular country is still going to continue in another country.

[criza]

Because of the events happening around the globe there is a possible impact for the standing of crypto currency due to said crisis. Investors that are affected by the war between USA and Iran might switch to crypto currency to safe guard their money because, bitcoin and other crypto currency are a safe haven for their money because it is not affected by any events happening right now. Crypto currency are safe from changes in the physical market due to the crisis which means, that there would be a possible increase in bitcoin's price if the demand for it would increase; investors adopting it to secure their asset.

[Baoo]

It does not mean that this current situation is a war against cryptocurrencies, remember that USA and China have too many strategies in order to benefit from this era of digital currencies but indirectly,  they don't prefer sharing this information in the media because increasing the value of Bitcoin will break their goals especially in this period. Plus, it is certain that world economy needs Bitcoin but not now and probably in the near future ( after few years ) .

[GideonGono]

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?


Do u Think that current situation have any impact on crypto?

It can only have impact if there are country related to crypto because it can affected crypto from their preparedness from incoming disaster.

But from the value of bitcoin now, we'll see that it would rise and that was good now.

[hendra147]

Whats Ur take on that?

War situation USA Trump Economy and crypto Currrency?

Do u Think that current situation have any impact on crypto?

we can't ignore this issue, the economic war between chinese and US.
this is the last history war and bitcon price impact
https://www.bloomberg.com/news/articles/2019-08-28/u-s-china-trade-war-timeline-what-s-happened-since-may-2019

[Shasha80]

Seeing the current world situation is indeed worrying, besides economic problems. Some countries are at war, this is causing conditions
the economy is a little shaken up. And the negative effects of that are likely to make gold and bitcoin rise in price. Because some
people want to keep their wealth by investing in something safe. And in this bitcoin can be a safe havens in my opinion. So from that
in 2020 the price of bitcoin is getting stronger, apart from halving in a few months.