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Author Topic: War affects the Entire Cryptocurrency?  (Read 1091 times)
samcrypto
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January 10, 2020, 09:42:22 PM
 #41

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.
This is just a theory and no way to prove this one aside from having a real war. Well, let’s not hope for this one and let’s hope that bitcoin will go up even if there’s no war. The price is pumping again, this is just an speculation but i also think bitcoin moves before because of the tension in the middle east. Bitcoin might be safe for them that’s why they are coming in, or whales can also be the reason of the pump.

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January 10, 2020, 09:53:01 PM
 #42

I don't think that it's beneficial for crypto if the war starts. If you'll notice the market now, after the small drop it's now pumping again so I think this is no longer because of the war, this is a natural cause because of halving.

As much as possible, I don't want to see a war to start because many innocent lives will be affected and even we're far from the battlefield there is a tendency that our countries will also join the war. That could happen if there's a joint agreement from our country to the affected alliance country.

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January 10, 2020, 11:10:52 PM
Last edit: January 12, 2020, 12:16:07 AM by Rengga Jati
 #43

-snip-
This is interesting. However, Is this sure? I think that the price of BTC is still fluctuating. Well, it has some increase in some recent days after dropping at only about 7k. I only think that the price of BTC is increasing because it is after a long holiday. The market will be still changing, moreover ahead of the halving. But, if it is, sure enough, it makes sense that people will prefer to save their assets into digital or gold because of the WW3.

its CRAP and fake news.. people want to find reasons for pump or dump just anywhere
I also think so. Many issues are used to make the market down and up so immediately. Moreover, it is head tot he halving that may give a big influence on the price rage in the future. Let us see how the next change based on the developing issues.

R


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January 10, 2020, 11:56:14 PM
 #44

Markets are driven by fear and greed and armed conflict has always been a great contributor for driving up the fear. The danger of the conflict between Iran and the US have faded but the pump in Bitcoin has not. I think on this occasion the drone strike and subsequent retaliation broke the previous cycle that was bearish and has allowed the market to switch to a bullish phase.

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January 11, 2020, 02:53:26 AM
 #45

yes I also think the increase in the price of bitcoin yesterday was influenced by the conflict of Iran and America. because geopolitical conflicts will affect stock prices. and so investors will move their assets to gold that is more stable, safer and has a lower risk. and also partly secures its assets to bitcoin even though bitcoin has high price fluctuations but bitcoin can still be used to store value.

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January 11, 2020, 04:38:57 AM
 #46

Markets are driven by fear and greed and armed conflict has always been a great contributor for driving up the fear. The danger of the conflict between Iran and the US have faded but the pump in Bitcoin has not. I think on this occasion the drone strike and subsequent retaliation broke the previous cycle that was bearish and has allowed the market to switch to a bullish phase.
I think many other wars this year will happen and this will cause Bitcoin price to increase very quickly in the near future. Currently, the world situation is very complicated and it is impossible to predict what will happen next but many other attacks will definitely appear. Of course I don't want this to happen because it will affect the lives of so many innocent people.

In addition, any war would bring great damage to the economy of that country and certainly that is not expected.






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January 11, 2020, 06:16:26 AM
 #47

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.
of course war issue help investor so much, in few days all cryptocurrency include bitcoin increase high price. not only cryptocurrency but in real life such gold also increase price, i am sorry to said about i am happy with war affect today. i hope it only war issue not really world war 3. although the affect is good all cryptocurrency increase price but war is not good to do


i dont think war helps the grow of cryptocurrency at all, i think it hurdles the growth, not only that it also affects stock market and other economic things, having a war happening will never gonna turn into positive thing, but bitcoin is very young i don't think the war could affect the price of cryptocurrency, selling your belongings for crypto is not a good idea at all, especially when there's a tension happening between countries.
i agree with him, cryptocurrency doesn't have to do with the war, well it would affect the community but not with crypto.
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January 11, 2020, 06:16:42 AM
 #48

when a big country like America is at war then it will have an impact on other countries. I read the news that due to this American Iran conflict some stock prices have dropped dramatically. and this has caused some stock investors to move their assets to gold and bitcoin, which is why yesterday's price of bitcoin increased. so that when there is a conflict or war it does more or less indeed affect cryptocurrrency.

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January 11, 2020, 06:21:43 AM
 #49

war between countries might not affect the price of cryptoqurrency, because it has nothing to do with cryptoqurrency. on the other hand it is likely to only have an impact on the price of their country's shares, especially the dollar price.
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January 11, 2020, 06:57:17 AM
 #50

war between countries might not affect the price of cryptoqurrency, because it has nothing to do with cryptoqurrency. on the other hand it is likely to only have an impact on the price of their country's shares, especially the dollar price.
If you think that it has no effect, let me tell you that it really has. As we can see from what is currently happening in Iran, they have started saving their money and that includes the option of buying crypto, that way, the demand is slowly increasing.

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January 11, 2020, 07:56:08 AM
 #51

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.
Actually I do not want that war to occur and also affect cryptocurrency, I prefer conditions where everything is good and the cryptocurrency market is running properly, fluctuations or fluctuations in the price of cryptocurrency are normal and everyone in the cryptocurrency certainly has their own ways in anticipating this or it can be said that everyone has a way to be able to continue to survive in cryptocurrency.
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January 11, 2020, 09:02:59 AM
 #52

i agree with him, cryptocurrency doesn't have to do with the war, well it would affect the community but not with crypto.
and then enlighten us about why the cryptocurrency's price is going up when ww3 is on trending? how are you gonna tell us about that? i bet you can't.
it will affect the community where crypto's price depends on the community but saying that crypto won't get affected by war is clearly stupid.

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January 11, 2020, 10:42:05 AM
 #53

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.

Temporarily, yes. But this war won't last long as Trump already pull back his actions. It is just about for Iran if they want to continue. Therefore the heat between two countries isn't much severe and little by little are becoming gone. So people who are afraid to lose their asset from the start would be pulling back their thoughts sooner.
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January 11, 2020, 10:57:10 AM
 #54

Actually I personally do not really believe that the increase in the value of BTC is caused by the war between Iran and the US, but the fact that the value of altcoin and BTC is increasing at the time of the situation, this is for me an issue brought that makes it a reality.
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January 11, 2020, 11:11:17 AM
 #55

If a war really happens, I think the price of Bitcoin will rise, after all, the national currency will collapse. If war happens, our lives will be problematic. Therefore, people in our society do not want war, and the primitive world will always be peaceful. Maybe everyone has the same vision as me. After all, I don't want to live in a war-torn world.

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January 11, 2020, 12:05:31 PM
 #56

Actually I personally do not really believe that the increase in the value of BTC is caused by the war between Iran and the US, but the fact that the value of altcoin and BTC is increasing at the time of the situation, this is for me an issue brought that makes it a reality.
Well, we really can't determine as of yet. But there is a possibility that it is one of the reason since Iranians started to put their money into safety and storing it in bitcoin is one of their option. That way, the price suddenly surge and I think it is the reason.


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January 11, 2020, 12:13:03 PM
 #57

If a war really happens, I think the price of Bitcoin will rise, after all, the national currency will collapse. If war happens, our lives will be problematic. Therefore, people in our society do not want war, and the primitive world will always be peaceful. Maybe everyone has the same vision as me. After all, I don't want to live in a war-torn world.

I was very sad to see the news this week war war and war
I am very disappointed if this really happened, humans are very stupid if this happens they will return to the starting point even though we are very close to the future.  we already have the technology blockchain we know crypto and etc.

and fools want to destroy it just for the sake of ego and power

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January 11, 2020, 12:20:52 PM
 #58

Now, this is the point normal people both like and hate what is happening. Yes, some like that the whole war situation is booming the crypto market. But, no, many do not like the whole war situation.
I go with ‘no war’. The crypto market will still boom in the future, anyways. I pray the disagreement dies down, and there to be peace. 

War is never good for anything. Anyone who has ever been in a war will never tell you they hope it happens. Bitcoin and gold going x1000 or whatever is not going to be worth the pain and suffering others have to go through. I would never hope for it to happen. Anyone who does, has a terrible future waiting for him and his children.

War is just never good, that's all.

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January 11, 2020, 12:25:35 PM
 #59

If a war really happens, I think the price of Bitcoin will rise, after all, the national currency will collapse. If war happens, our lives will be problematic. Therefore, people in our society do not want war, and the primitive world will always be peaceful. Maybe everyone has the same vision as me. After all, I don't want to live in a war-torn world.
Yeah, we have the same vision. The country's national currency will be affected by the war. They will be spending millions of money for that war and it could drag them to a great debt. US is a rich country but I think Iran also don't want war as they also know what it could bring to their country. Thus, it will also bring impact to crypto market and could be the reason for its pump. Almost everyone says that their conflict is the reason for an increase few days ago. Even if it will bring a good impact to the market, I also don't want war to happen.
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January 11, 2020, 04:16:51 PM
 #60

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.
of course war issue help investor so much, in few days all cryptocurrency include bitcoin increase high price. not only cryptocurrency but in real life such gold also increase price, i am sorry to said about i am happy with war affect today. i hope it only war issue not really world war 3. although the affect is good all cryptocurrency increase price but war is not good to do


i dont think war helps the grow of cryptocurrency at all, i think it hurdles the growth, not only that it also affects stock market and other economic things, having a war happening will never gonna turn into positive thing, but bitcoin is very young i don't think the war could affect the price of cryptocurrency, selling your belongings for crypto is not a good idea at all, especially when there's a tension happening between countries.
Unfortunately in fact, cryptocurrency increase high price same time with issue war  published. it also happen with gold, gold increase price same time with issue war published. and the news said that increase price of asset influenced by issue war
i think its one and only reasonable enough because when we are thinking halving bitcoin impact for bitcoin price today its difficult to believe, halving will happen still long again

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