Iran/US tension's effect on crypto and economy ?

[breathlessz]

Most wars result in economical crash, especially to those involved countries. The business sector slows down and comes to a halt when necessary. Trading and exchange are crippled. There could be an influx of people going into crypto as a store of value, but it won't matter anyway once the war broke out to a devastating level.

right, war will destroy all infrastructure in a country, and for those who have many assets they certainly want to secure it for the continuation of their lives when the war is over. therefore I think crypto is the right choice because this treasure will not be lost despite the damage to the network in a country as long as we still remember the private key

[hongchao123]

Every big word news can cause incredible effects in crypto space. Speculations x10

[Leonardo7]

As it stands now, there will be no war because Iran is not ready for a war and the USA doesn't want war either. Should there be further escalation like we saw the missiles of Iran on USA bases in Iraq, the Middle East economy will go weak because of instability and fear of proxy war on the region. And travelling security will be tight too to avoid Iran sympathizers from carrying out attacks on the USA soil, so economy of nations will be affected but crude oil, gold and bitcoin prices will boom as investors look for a safe haven.

[Negotiation]

I think if the situation like the recent Iran-US war has already raised the price of oil if it starts in another country, it will affect not only the economy of the country but also the social and political sector which is a risk to our country. But there will be no war between Iran and the US because their war will not be able to sustain the pump.

[Wexlike]

I'm really tired of Trump.  I never wanted him as POTUS, but I thought his presidency was going better than I thought it was up until this thing with the Iranians, which I'm absolutely certain is a smokescreen to draw attention away from his impeachment.  And now it's clear he has no idea what he's doing.

That's the scary thing. It came completely out of left field, like a diversion tactic. Governments do that in general (creating crises to divert attention from corruption and incompetence), but with Trump it feels like literally anything could happen at any time. All bets are off, etc.

The stock market is performing extremely strong through all this. Nothing can keep it down. It's exuberant. Which probably means everyone calling for a crash in 2020 is going to be disappointed.

There is just nothing left to put money in. To much money and no options to invest/secure it from negative rates. People are already calling for a crash since 2015, yet nothing happened yet. I don't see much going anymore for 2020. If the stock bubble blows up more, I'd be really shocked.

[airdnasxela]

The recent Iran-US war like situation has already pumped up the oil prices and it has shown an postive effect for crypto and bitcoin as of now but how will this affect the national economy of other countries if a war breaks out?  Who will suffer most and where will this lead our economy as wars always leads to inflation.

If the war continues, obviously it will bring the affected country's economy down. They have to recover from the expenses, and damages that the war brought. Even in my country, there's a threat of an oil price increase. The one who will suffer are the normal citizens, not the president. It's their fight but others are the one who will suffer. I hope that this war won't get worse.

[BChydro]

Neither Iran nor the US want to truly go to war, they just want to show their strength, especially to their domestic audience - Trump will soon have elections, Iran had protests. So, since there will be no war, there's will be no long term effects on economy, the prices that reacted to the news will correct.

It was not truly about showing their strengths, the attack was a really bad idea and it will truly destabilize the entire area and if we are looking for peace and security of our forces, we should let them fight their war rather than risking our soldiers in the battle field as these battles will not end as the war is going on for more than a decade a still there is no clear victory or purpose and trillions of dollars pumped for these war efforts which can be really used for the welfare for the general public.

As for crypto, I doubt it will go down to the previous levels, since the market was looking for a reason to turn bullish for a long time.

The tension might be the reason the price rallied and now the tensions are on halt and the gold who was also rising along with the bitcoin price went down considerably.

[Blackdeath]

The recent Iran-US war like situation has already pumped up the oil prices and it has shown an postive effect for crypto and bitcoin as of now but how will this affect the national economy of other countries if a war breaks out?  Who will suffer most and where will this lead our economy as wars always leads to inflation.

The war in Iran and US will definitely help bitcoin to increased it's price because i heard a news that the government in Iran could use bitcoin as their safe asset, so it will really have a positive effect on crypto and bitcoin. But i think this war will not have a good effect on the economy because there is actually a war that will going on.

[Republikcoin.com]

I don't know who will suffer the most if that happens, but it can be detrimental to the whole country because the war will involve many things, especially inflation. Besides that, even though inflation is rising, I think it is proportional to the increase in crypto, so I think utilizing this moment by storing assets in crypto can be a pretty good profit.
however, I only focus on crypto because of many associates the current price increase due to the relationship between America and Iran. in addition, many people speculate that this will bring the price of bitcoin above the price of $ 10k, or even more.

[barabarian1]

The conflict between Iran and America yesterday did have a slight impact on the increase in the price of bitcoin. because maybe some investors will secure their assets to gold and bitcoin. but I never expected the price of bitcoin to go up because of the war. war will never give an advantage. war will only bring destruction and loss.

[yulionoo]

of course the two most warring countries suffered. because war will always bring destruction to buildings will be destroyed and civilians will be victims. therefore we should avoid war. And I think the Iran war - America will not continue because America has already stated that it will not fight Iran. so that a war won't occur. and the Iran-America conflict yesterday did have a positive impact on the price of bitcoin.

[msarro]

Who will suffer most and where will this lead our economy as wars always leads to inflation.

The biggest sufferers of this conflict were families of Ukraine plane that now Iran has confirmed is shot down due to human error. War is not a good thing, those who start remain beneficiary of the war while innocent civilians lose their lives and loved ones. May peace prevails.

[pikkie]

Who will suffer most and where will this lead our economy as wars always leads to inflation.

The biggest sufferers of this conflict were families of Ukraine plane that now Iran has confirmed is shot down due to human error. War is not a good thing, those who start remain beneficiary of the war while innocent civilians lose their lives and loved ones. May peace prevails.

This kind of war should not have any impact on the price movement of cryptocurrency, it's just that due to the inadvertent factor of soaring prices, it is said that this war can give rise to cryptocurrency prices when cryptocurrency price movements should depend on the economic warfare of various large countries with economies strong.

[Maslate]

Who will suffer most and where will this lead our economy as wars always leads to inflation.

The biggest sufferers of this conflict were families of Ukraine plane that now Iran has confirmed is shot down due to human error. War is not a good thing, those who start remain beneficiary of the war while innocent civilians lose their lives and loved ones. May peace prevails.

This kind of war should not have any impact on the price movement of cryptocurrency, it's just that due to the inadvertent factor of soaring prices, it is said that this war can give rise to cryptocurrency prices when cryptocurrency price movements should depend on the economic warfare of various large countries with economies strong.

When a a certain country has no good government, people will find a way to safeguard their assets because inflation would certainly affect the value of their money and the best solution to any struggling country is bitcoin because it's a real store of value, and even if it dump, it will not inflate compared to a country which has hyper inflation.

[deisik]

This kind of war should not have any impact on the price movement of cryptocurrency, it's just that due to the inadvertent factor of soaring prices, it is said that this war can give rise to cryptocurrency prices when cryptocurrency price movements should depend on the economic warfare of various large countries with economies strong

I wouldn't discard and throw away this factor altogether

With assets as speculative and volatile as Bitcoin, emotions play a major part in their price dynamic. We should remember (whether it feels good or bad) that most of Bitcoin's value as reflected by its price has no real backup in the form of goods and services which can be bought with it (that's basically the definition of speculative)

All in all, it means that we can see huge price moves caused or triggered by however small influencing factors (which is known as the butterfly effect), and not necessarily in the direction we expect most (read, Bitcoin could easily fall instead of rising on these tensions and how they have developed) 

[YOSHIE]

The recent Iran-US war like situation has already pumped up the oil prices and it has shown an postive effect for crypto and bitcoin as of now but how will this affect the national economy of other countries if a war breaks out?

What you say has definitely had a positive effect on Bitcoin, gold, oil in Iran today.
With the heat up in the current conflict in Iran will cause the price of Bitcoin, gold and oil can soar soaring sharply.

In my opinion, if the war between Iran and the US exploded into open warfare, I am sure investors will aim for some currencies that are considered safer for them.

For example:
Investors will be targeting such as gold, yen (Japan), virtual currency, with this currency can be said safe haven assets, because the exchange rate is easier to strengthen.

The most severe effect that occurred in Iran if the war heats up will cause, most of the stock exchanges to plummet and fall will influence negative sentiment towards the US-Iran conflict which is the most fatal will occur.

Instead, investors turn to Bitcoin, gold, instead of investing in the stock market, so the price of Bitcoin, gold will skyrocket.

[davinchi]

Today Iran actually apologized for the fall of the plane and they said they unintentionally dropped it which means there was a passenger flight that was shot down by Iran and that usually is something you get consequences for.

Now, nobody wants a war with Iran, not even USA because there is nothing you can make out of it, at the very best of chances you will fight with Iran, drop the president, put a puppet government there and take insane amounts of money out of Iran and into USA, however that would destabilize middle east even further and you have yourself another expensive war that you will have to pay for anyway, which means all that profit you made will go out of your pocket once again and will be for nothing.

However, how nations will react to this plane thing is different, war is something else, killing innocent people is different, we have to wait out and see what nations will say about it. Specially Canada and Ukraine because they had the two of the biggest casualties.

[imons]

Today Iran actually apologized for the fall of the plane and they said they unintentionally dropped it which means there was a passenger flight that was shot down by Iran and that usually is something you get consequences for.

Now, nobody wants a war with Iran, not even USA because there is nothing you can make out of it, at the very best of chances you will fight with Iran, drop the president, put a puppet government there and take insane amounts of money out of Iran and into USA, however that would destabilize middle east even further and you have yourself another expensive war that you will have to pay for anyway, which means all that profit you made will go out of your pocket once again and will be for nothing.

However, how nations will react to this plane thing is different, war is something else, killing innocent people is different, we have to wait out and see what nations will say about it. Specially Canada and Ukraine because they had the two of the biggest casualties.

I don't understand how Iran can be ok with this "unintentionally dropped a foreign plane with innocent people" official statement.
Anyway this conflict somehow made btc to rise above $8000 and this horrific event lead to greed

[Faxmate]

Who will suffer most and where will this lead our economy as wars always leads to inflation.

The biggest sufferers of this conflict were families of Ukraine plane that now Iran has confirmed is shot down due to human error. War is not a good thing, those who start remain beneficiary of the war while innocent civilians lose their lives and loved ones. May peace prevails.

This kind of war should not have any impact on the price movement of cryptocurrency, it's just that due to the inadvertent factor of soaring prices, it is said that this war can give rise to cryptocurrency prices when cryptocurrency price movements should depend on the economic warfare of various large countries with economies strong.

When a a certain country has no good government, people will find a way to safeguard their assets because inflation would certainly affect the value of their money and the best solution to any struggling country is bitcoin because it's a real store of value, and even if it dump, it will not inflate compared to a country which has hyper inflation.

yes you are right that in case of inflation the best option to save money from devaluing is to store it in the form of bitcoin because in the form of bitcoin its value will increase rather than decreasing, so in this way people will not face any poverty in case of war and also they will have a chance to make a proper and good investment.

[Wysi]

Today Iran actually apologized for the fall of the plane and they said they unintentionally dropped it which means there was a passenger flight that was shot down by Iran and that usually is something you get consequences for.

Now, nobody wants a war with Iran, not even USA because there is nothing you can make out of it, at the very best of chances you will fight with Iran, drop the president, put a puppet government there and take insane amounts of money out of Iran and into USA, however that would destabilize middle east even further and you have yourself another expensive war that you will have to pay for anyway, which means all that profit you made will go out of your pocket once again and will be for nothing.

However, how nations will react to this plane thing is different, war is something else, killing innocent people is different, we have to wait out and see what nations will say about it. Specially Canada and Ukraine because they had the two of the biggest casualties.

I don't understand how Iran can be ok with this "unintentionally dropped a foreign plane with innocent people" official statement.
Anyway this conflict somehow made btc to rise above $8000 and this horrific event lead to greed

That's really sad and painful that innocents who has nothing to do with this US/Iran tensions has to pay a heavy price as it was a cold blooded murder. Bitcoin's price depends on anything which has to do with it's adoption as well cash outs and this event turned our to be adoption event wherein people converted their stock market shares into bitcoin afraid of further escalation and stock loss.