War affects the Entire Cryptocurrency?

[SabrinaBianka]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

[Teraboy]

It looks like true but it will be not 100% correct as the commodity such as gold is also touching new ATH and that means people are converting their money into the bitcoin and gold to save their lives.
Remember when the conflic was happening and the price of bitcoin on iran local exchange site was around 24k. that means so many people are being scared caused by the possibility for that country to face WW3.
That's totally affecting gold and crypto.

[Nadziratel]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

I don't think we have an argument for that. We have not experienced so much tension between Iran and the US so far. (Thank god).

The value of the USD and oil prices can be deeply affected by such problems. However, the same is hard to say for the BTC. There are not many examples about BTC. But even if it has an impact, let Bitcoin price fall instead of war.

[joinfree]

Well to some extent it does as it was clearly seen that the entire crypto market was in an upward swing when the rumours of war between Iran and US was intense. You can see clearly that once the tempers cooled down the crypto market is reclining back to its previous level. Also heard some actions are being taken to reduce the war powers of Trump hence there is not going to be any wars

[btcdie]

Bitcoin or crypto, can indeed be a savior of wealth when tense conditions such as war or economic crisis. therefore, investors trust crypto in addition to showing the future, crypto is also a savior of wealth. It seems that not only Bitcoin has jumped, but other assets too, especially gold. after the US and Iran are starting to cool, it seems that the price of bitcoin is gradually returning to its original level. I think this is the beginning before halving began, investors have returned at this time.

[BigBos]

crypto has transactions that are difficult to trace, so this is very useful for such circumstances. however, many argue that the price of bitcoin is rising at this time due to the condition of Iran and America. it is most likely related to fast transactions, so crypto is utilized. yeah, the best crypto to use in this condition is bitcoin

[g4r1n1m]

its CRAP and fake news.. people want to find reasons for pump or dump just anywhere

[nicolas1979]

I think crypto will get impact from war because we can see bitcoin pair is USD. When something happen with USD of course bitcoin will get impact. We still can predict if war really happen but I'm sure war create monopoly and not healthy condition market for crypto users. Bitcoin can be used to support financial activity and can't be tracked. Most bitcoin get from currency as starter and war can change currency value. Like or not this is reality but I'm sure this is good sign that crypto is valuable.

[naikturun]

like diversion, where someone or a group uses this news for their benefit, yes even though it might be true, they try to protect their assets by buying BTC.
maybe because of the booming news they were afraid that would happen.

[zenhu]

I don't think so, war between Iran and US not affected the entire cryptocurrency at all, it make people move into safe heaven like gold, silver, etc. Regarding that bitcoin's price pump, i don't have idea about that. As you can see gold price pump until $1600 per toz after declared war, so its not make sense if you said btc pump because of war.

[riso2015]

like diversion, where someone or a group uses this news for their benefit, yes even though it might be true, they try to protect their assets by buying BTC.
maybe because of the booming news they were afraid that would happen.

If they really protect their assets by buying Bitcoin then of course it can affect the price of Bitcoin on the market. But war is not a reason that can make the price of Bitcoin increase. That's only because demand is increasing so many are buying Bitcoin.

[xZork]

Tensions in the Middle East not only caused bitcoin's price to rise, but it also increased the price of gold and oil. People are worried about a war so they try to find a safe place to store their possessions.
Perhaps the war situation sees people support cryptocurrencies but I think that is not the only reason. The price of bitcoin has increased in part because people have realized the value of bitcoin, which is a very good currency for people to deal with risks.

[kapalmabur]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

not only you own that reason, many media have brought up the issue with cryptocurrency,
the fact that the price of Bitcoin is indeed going to $ 9,000 after the news.

[watergold]

I am still not sure about this that the war between Iran and America sparked its price of bitcoin. I just thought that the spike was caused by several factors making it difficult to say that the Iranian and As war would bring impact to investors.
But I think believing in halving even though there are still a few more months maybe this is a pump for the beginning of the year so there are many requests to be detained until halving arrives in May.

[masterrex]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

Who says that Iran declared war on United States, i think its a wrong interpretation because they are not, they are just sending a strong message to the U.S out of its anger due to the death its very popular Iranian army general and I don't think those scalation between Iran and the U.S will bring good in the crypto market, in my opinion no conflict or war will produce good results but only devastation, back to the cryptocurrency topic i think the bitcoin price uptrend was due to the new investors coming and pouring in money into the crypto market since its a new year already and i believe that 2020 has many more opportunities to explore specially in the cryptocurrency investment sector.

[duuuuude]

Of course, news of this kind will affect the growth of prices of fixed assets because sometimes fear forces people to build bunkers, what can we say about currency. A crisis can always either take everything away or make it rich.

[Eclipse26]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

It's very selfish to say that this situation is favorable for crypto investor when other people's lives are on the risk. But you are right at some point that their situation affects crypto market positively.  After this conflict arises, the price slowly increased. That's a normal reaction for people that will possibly get affected when war occurs. They tend to find alternatives for their money and assets.

[anjiitem]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

I don't think we have an argument for that. We have not experienced so much tension between Iran and the US so far. (Thank god).

The value of the USD and oil prices can be deeply affected by such problems. However, the same is hard to say for the BTC. There are not many examples about BTC. But even if it has an impact, let Bitcoin price fall instead of war.

Right you say, it's better to decrease the price of bitcoin compared to war. And for me personally, if such a war takes place, maybe the price of cryptocurrency could be affected like oil prices. But I do not expect that the war will occur and for me it is better that the price of cryptocurrency decreases compared to a war like what you say. And we can certainly continue to fight and survive to produce profits from cryptocurrency in any market conditions.

[kolonel_x]

True, this could be due to the influence of the Middle East war with the US so many are polemic about the price of bitcoin, I got some news in the article and I see that the price of bitcoin in Iran has reached $ 24,000, is that true? I am still confused why the price is not so the same as the global market.
Maybe it's just that difference so that many investors think global bitcoin prices will reach that much, so that many requests go up so that bitcoin is pumped.

[kenelmark]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

It means that some people in the Middle East are afraid that their real assets will be destroyed through war, so they secure it in the form of digital coins, I think it will greatly affect the price of cryptocurrency coins, but not all of them affect, only a few, and indirectly the investors there will benefit greatly.