Bitcoin Iran keywords Google interest over time explode!

[Eclipse26]

Since it's a hot topic in crypto and even here in the forum, I guess most of us are looking for some news, updates and such how the current situation of Iran is connected to the recent price and pump of bitcoin. Most are saying that with the issue, it affects the price. Even me, I tried looking into it... Guess that everyone is also curious.

[1714709282]

1714709282

[1714709282]

1714709282

[1714709282]

1714709282

[1714709282]

1714709282

[meanwords]

People (especially the US) is expecting the price of Bitcoin to go pump because of the on going tension between the United States and Iran which I think is the reason why a lot of people are searching Bitcoin and Iran using google. I don't know much about the price of Iran but I think it is a little bit higher than the price in the US.

[1Referee]

If there's an increase on these search terms it's simply because there are too many articles talking about the alleged selling of Bitcoins at 25K in Iran, which is false.

Or artificially inflated searches. I recall having seen that happen back in 2017 as well, where shitcoins nobody cared about paid people to search for that shitcoin with terms like 'how to buy x coin', 'what is x coin', etc. It wouldn't really surprise me if something similar is happening here, but then a bit more professionally executed.

This space is still largely unregulated and you can get away with artificially inflating statistics quite easily. With how easy it is to convince a bunch of noobs that something is trending in the searches, there is a lot incentive for big traders/investors to deceive them. There is no shortage of dumb money in this space, even when they think they've learned from their previous mistakes.

[veleten]

blame the media and its articles on how bitcoin in Iran is sold three times its value
shows how people can be easily manipulated , because it is not like if you go to Iran you could sell your coins three times the current market value
at some peer-to-peer exchanges similar to localbitcoins, some traders put the 20.000$ price tag , thats about it
yes , the volumes must have risen , but it is not something that deserves such an attention , unlike the potential war between the US and Iran

[omone1]

We can't deny the fact that this issue of escalation between USA and Iran is a major part of bitcoin spike. I expected this to happen because Iranians and some Middle Easterners will want to put their money in a more stable investment with a good reward that won't be affected by any sanction or further escalation.

[naska21]

I expected this to happen because Iranians and some Middle Easterners will want to put their money in a more stable investment with a good reward that won't be affected by any sanction or further escalation.

Nope, despite the conflict,  Iranians interest in Bitcoin is  rather scant

.....there has been no local increase in demand or interest in BTC in Iran following recent events.

[Ailmand]

Every rumor and news that we hear has a huge impact on the community's curiosity about the current situation of Bitcoin and other cryptocurrencies. We all know that there has been a rumor that the Iran vs US war has created a huge impact in the price of Bitcoin in Iran, this might be the reason why most people became curious and even looked for the answers in google just to search for a guide in their decision making if they will sell or invest.

[kryptqnick]

About this topic, I'm a little bit amazed on the interest of Bitcoin Iran keyword when I tries to look up on it on google trends.



I'm pretty sure this is because on the current issue there.
And there's some rumor recently that the price of Bitcoin in Iran was something doubled or more than the original price of Bitcoin.

@Everyone, could this kind of event have a possible positive effect on the price of Bitcoin?

P.S. I am really sad for what happening in Iran now.

It's indeed sad that such destabilising events are happening. I think the reason behind such search phrase is that many people directly connect the growth of bitcoin with Trump's action. And I guess it's somewhat confirmed by the data, since there was a spike of bitcoin activity in Iran a couple of days ago. There have been threads about it, but they have been deleted... Anyway, I think that Iran situation could trigger the price, but it's not something that has a long-term effect on it. Bitcoin depends on the global community, not local.

[johnwest]

I dont think it was because of there was an increase in people buying bitcoin in Iran, rather there was a news that the price of Bitcoin reached a new all time high which is 21000$. Which was totally exaggerated, and over calculated. We may not see a war for now and this may be just momentary.

[maartenhaha]

That search term must be from other countries and not in Iran. Remember that they have ongoing ban on internet access, and such amount of search traffic is most likely to have been caused by Bitcoin investors since they know that when such crisis breaks out, manipulation starts to take place, or they're just hoping that demand is really increasing in Iran, which is clearly not the case.

Maybe I'm too fanatical that I misjudge the tensions of war in the Middle East that could trigger an increase in bitcoin prices. The prohibition of internet access is illogical if they can access bitcoin, but I doubt that a saturated market can increase price increases.

[killerfrost]

I think the search for bitcoin on google in Iran is due to the impact of prices in this country. Its price has tripled compared to the market and is talked about by Iranian media and since then it has made many people curious about bitcoin and looking for it at google. Fortunately, the US and Iran conflict have shown signs of stopping. But I don't know what it will be like in the future, I hope everything will be fine and no people will be hurt

[seoincorporation]

After the crazy bump we see of the bitcoin price, a lot of people see it as a good business to buy cheap and sell high. I mean if you can buy bitcoins at $7900 and sell them at $29000, then it could be a really good business.

I think this is the reason why the searches bump that high and that fast.

[Blitzboy]

Recently, there have been some sources claiming that the price of bitcoin in iran is many times higher than the price of bitcoin worldwide. I think it is the reason that this keyword is searched more on google. I also agree with the idea that the war between Iran and the US causes the price of Bitcoin to soar, which is absolutely true. But if someone talks about WWIII, I object, it is a silly thought.

[Getmon]

I'm pretty sure this is because on the current issue there.
And there's some rumor recently that the price of Bitcoin in Iran was something doubled or more than the original price of Bitcoin.

this is already old news. it started before the war drama in the region and it was because some people were spreading the false information about bitcoin price being $20000 in Iran simply because they made a mistake in their calculations. and the news became viral!
then the price spike happened about 2 days after that false news.

Because their calculation errors have created intriguing news that spread very quickly like virus. And it was passed on from one person to another until everybody is like intrigued enough to really want to check it out if everything about the rumor is true. And that resulted into a spike of that search keywords on Google. But there was nothing so special on the news after all.

[sureshnsnet]

From the beginning of 2020 not good for the USA and Iran because we now what situation is ongoing but the crypto market getting back on the way to bullish maybe Iran people want to know how to save their investment in alternative ways so they can find an option like bitcoin or any cryptocurrencies. so it happened like that I think.

[joniboini]

Local bitcoin stat is better metrics compared to Google search trends. Obviously, those who already know about Bitcoin won't bother searching it again on the internet. Not to mention the overhype and misleading headline on every news outlet which put journalism level so low.

-snip-

Uhuh.

[shoreno]

they say the said price increase on iran was unlikely true but on other parts of the world we can now feel that bitcoin increase small .

idk if that is because of the war or there are other reasons behind this small increase.  you said the keywords related to iran war are now trending so why did we use it? or why can we create a content or an article related to it? and add in the btc and crypto of course to gain attention and traffic. .

[tsaroz]

It's actually the cointelegraph article calling bitcoin is being sold for $24K per unit. Many of the frustrated investors and long term holders might have searched to sell some bitcoin fro a good profit to Iran or just being curious if that is the real case. Bitcoin is being used in Iran for quite a time now. It also has large mines due to its subsidies electricity.

[zeingrind777]

If bitcoin Iran or War means Bullrun or something I would prefer and wish it will stay at $7k with no war and all countries is at peace. But I guess this speculation and price hike is only at IRAN and some says it is fake.

I think it's fake. I'm sure such news is made by someone or a group that aims for the big pump in the crypto market. Although there are several reasons that shareholders want to save the value of their assets.

[kro55]

I dont think world most cordoned off country will have any effect on bitcoin in the long run. This tension took price upto 8400$ and is now coming back once again. There is not much awareness regarding bitcoin in the world except among millennials and same holds true for Iran also.