Would another war in the middle east affect crypto

[DrBeer]

I don't know if the crypt will become more expensive, but it's probably worth talking about the root causes and "gray cardinals" in more detail. Do you really think that Iran on its own, without additional, outside help, will show aggression and attacks towards Israel? Iran alone does not have the ability to confront Israel, provided that we understand very well that the United States will clearly support Israel. Therefore, I recommend thinking about who needs destabilization in the region and creating problems for the state, which is not only fighting for its survival, but also for some kind of stability in the region.
Draw a broken line on the map between, for example, Haifa, Mosul, Nakhichevan. Tell me what do you see? And if on the right these lines are zones of instability, hostilities, terrorist attacks? What can't be done? Think GLOBALLY

[1714184193]

1714184193

[1714184193]

1714184193

[Lucius]

Do you believe there is a chance bigger than 0.0 for Russia to go to war against the US over Iran? Let's be serious.

If, by any chance, Israel were to attack Iran (and I don’t think that’s a realistic option at all), I’m sure Iran wouldn’t be left without the help of its allies, and I mean China and Russia in the first place.  Although Iran is under sanctions, China and Russia have no reason to enforce those sanctions, when they themselves are victims of something similar.

Iran and China have quietly drafted a sweeping economic and security partnership that would clear the way for billions of dollars of Chinese investments in energy and other sectors, undercutting the Trump administration’s efforts to isolate the Iranian government because of its nuclear and military ambitions.

The partnership, detailed in an 18-page proposed agreement obtained by The New York Times, would vastly expand Chinese presence in banking, telecommunications, ports, railways and dozens of other projects. In exchange, China would receive a regular — and, according to an Iranian official and an oil trader, heavily discounted — supply of Iranian oil over the next 25 years.

If, in any case, a war occurs, it will all depend on whether it is of a local character or whether large military forces are actively involved in it.  The US considers Israel one of its greatest allies and will always defend its interests, but I do not believe that they will ever take part in an open war against Iran - because when they go to war, they choose much weaker opponents.

The only ones who profit from wars are arms manufacturers and distributors, so if someone really thinks there will be a war in the future, don't worry too much about cryptocurrencies or gold - if nuclear bombs start to fly through the air, nothing will matter.

[Casdinyard]

I think it would more likely affect people in that area which are involved in this technology, perhaps investors. But I doubt it will affect this industry in general. My proof to this is this pandemic when it has just started. Many people are assuming that it will negatively affect the market but no thing's really been affected except for those people in China who were highly affected by lock downs, but still no thing's severe. Although these are two different situations, I think the result will be somewhat having similarities because both problems are assumed to affect areas within the problem.

[bluebit25]

Certainly it will have a strong impact on the economy in the war-affected country, I have seen it happen when small civil wars in my country and people look to new places to keep their properties. So I think if war happens then the price of bitcoin will skyrocket within the IRAN itself and Israel, but hopefully it won't.

[Coyster]

The level of the war will also determine the impact it will have on crypto and other Investments, if it's a war between just two countries, then there'll definitely be a plunge, but it's highly improbable that there could be a war between just two countries, as allies of both parties are always bound to join in that battle and make it a full blown war.

Having said that, a war is really marked with destruction, and in the event it happens in major world power nations, then crypto would plunge massively, as well as other investments, it's people who pump money into these things that makes it grow and continues to appreciate, in a war, only one thing comes to mind, and that's survival. An economic plunge, printing more money etc, can affect crypto positively, but I think a war is too extreme, and could severely harm the currency. I wouldn't even try to put my money into anything in an event of a war, I'd be worried only about staying alive.

[slapper]

Bitcoin has long become a part of the financial which means it can be affected by multiple occurrences happening globally. And if bitcoin is affected, it is certain that other cryptos will walk the same path. None crypto can survive when bitcoin is being struck. However, in my opinion, such wars only have positive affect on the price of bitcoin because people will choose it as a type of safe havens helping them to keep their money safe. Thus, the bitcoin' price can surge strongly under this circumstance.
 
But in my opinion, governments from around the world always try to avoid any war because they understand that wars do not bring more economic advantages. Only blood and devastation are created by war. Therefore, war is unlikely to happen in the near future, especially in the middle east

[southerngentuk]

After the wars, people started to go back into the economic recovery phase, I know this from countries that suffered from war, and it took them many years to live in peace average, and it would be bad if war happened. I don't know what it will be like because looking at these two countries I have a feeling of fear about their weapons, it's really too dangerous for me to think, if war breaks out those weapons will use on humans. Once the war breaks out I won't care much about the price, I'll just pray for everyone's peace.

[DrBeer]

Do you believe there is a chance bigger than 0.0 for Russia to go to war against the US over Iran? Let's be serious.

If, by any chance, Israel were to attack Iran (and I don’t think that’s a realistic option at all), I’m sure Iran wouldn’t be left without the help of its allies, and I mean China and Russia in the first place.  Although Iran is under sanctions, China and Russia have no reason to enforce those sanctions, when they themselves are victims of something similar.

Do you really think China has such goals?
China dreams of restoring / expanding its status, the status of a center of influence in Asia! China is now very important to the maximum weakening of Russia, the same Iran, India. The first one is a resource appendage of China, historical Chinese territories - to support patriotism (Siberia is ours!). Iran is the center of destabilization in the region. India is a real competitor in many areas. And it goes without saying that he is categorically not interested in resisting in a showdown with the United States, in spite of some ideological confrontation. China is the east, and the east has always been logical, smart and cunning!

[BrewMaster]

don't worry these two countries have been "planning" to attack each other and wipe each other out for 40 years now. it is all hot air and neither one is capable of attacking the other specially not Israel with their silly airstrike plan which even a child can see is impossible.
besides Middle East has been at war for a very long time now thanks to US and it hasn't affected crypto so far, why should a new war change that?

[The Sceptical Chymist]

I doubt even a serious world event like this would affect bitcoin in a significant way (though I could be very wrong), and I say that because the world has seen a lot of shit since bitcoin was born and none of it seems to drive its price up or down.

The only way some political tensions could affect bitcoin would be if it put fiat currency in trouble--but that's already happening with the rampant money printing and stimulus checks that someone at some point is going to have to pay for.  That's the reason why big companies like MicroStrategy are buying BTC instead of holding cash, and to me it looks like that buying did indeed have a huge effect on bitcoin's price.

I'm hoping Biden isn't a warmonger.  If I can't say anything else positive about Trump, I can at least say he wasn't out to start wars.

[BrewMaster]

I'm hoping Biden isn't a warmonger.  If I can't say anything else positive about Trump, I can at least say he wasn't out to start wars.

they are all warmongers, the problem is that there aren't any weak countries left to invade and start a war with. they are either already under US invasion such as Iraq, Afghanistan, .... or they are already being milked dry like UAE or they can punch back hard. so each US president for the foreseeable future has to continue the existing wars like what Trump did despite him and his team trying so hard for at least 2 years to start a new war in M.E.

[jacafbiz]

Would another war in the middle east affect crypto

Nope. But it might influence a quality for living for everyone. So much more important thing than Bitcoin. Middle east is getting more and more irrelevant with every year that pass. There will be lees and less tension created by superpowers among Middle east neighbours in upcoming years.  Tensions will move to South America and mainly Africa.

I do agree with this, the influence that middle East has is diminishing in the world, with the world moving more towards green energy now, what happen in the Middle-East will likely remain regional issue IMO. As for Crypto, if you are talking about Asia, I will say it is going to affect Crypto greatly but not Middle East because not much money is entering the space from that part of the world

[hatshepsut93]

Let's look at covid - the initial market panic made Bitcoin drop 50%, then both it and stocks recovered and entered a bull run, likely for different reasons, but still. Bitcoin is now viewed as an insurance against inflation caused by covid's damage to the economy.

If a war would have similar effects to covid on the economy, you could expect some growth, but for that to happen major powers like US and China need to be significantly involved, and that would make this war very risky because of the nuclear threat, and you don't want to hold Bitcoin in a nuclear apocalypse. But realistically, such war would only be a local one, with big powers only providing aid to the fighting countries. So in this case Bitcoin won't be affected.

[Twentyonepaylots]

If countries who are big contributors on bitcoin's growth participate in this war, then there will be issues in bitcoin's price yet again, people will panic sell and due to that, the price will drop drastically. Plus not to mention if this war goes on a global scale, internet will not become as readily available as it is right now, so everyone would have a problem accessing it and bitcoin will undergo a temporary or a permanent, depending on the situation, paradox of value.

[CODE200]

If countries who are big contributors on bitcoin's growth participate in this war, then there will be issues in bitcoin's price yet again, people will panic sell and due to that, the price will drop drastically. Plus not to mention if this war goes on a global scale, internet will not become as readily available as it is right now, so everyone would have a problem accessing it and bitcoin will undergo a temporary or a permanent, depending on the situation, paradox of value.

Indeed. Maybe it will just depend on the areas which will be affected by this war, if such thing will happen. Participation of other countries are always considered when it comes on measuring its damages to economies. Another thing is that, if one country is having huge contributions to cryptocurrency industry, and something happened, there is a possibility of a counterpart in this industry as well. It is just hard to determine at this moment because eversince WWII, no war has been globally devastating and most of the time, countries involved are only having areas of direct devastation, and not the whole country itself.

[error08]

If war occurs it is likely to have a negative impact on the economy of a region or the country depending on the scale of the war, then the value of the currency can be worth nothing, bitcoin and gold may be the best option to transact which gold can be used locally and bitcoin for an international transaction. However, if a nuclear war occurs, then there is no point to store bitcoin as the internet connection will be lost there, it's better to use gold in that case, but the most important thing is to survive and meet basic food needs.

[jjdub7]

It will pump the Bitcoin price because both sides will look for a way to preserve the value of fiat.

But I don't like wars. There are many peaceful ways to increase the Bitcoin value, like projects, deeper business blockchain integration, disrupting industries as insurance and freight, and bringing more people. Just name it.

[stompix]

Do you believe there is a chance bigger than 0.0 for Russia to go to war against the US over Iran? Let's be serious.

If, by any chance, Israel were to attack Iran (and I don’t think that’s a realistic option at all), I’m sure Iran wouldn’t be left without the help of its allies, and I mean China and Russia in the first place.  Although Iran is under sanctions, China and Russia have no reason to enforce those sanctions, when they themselves are victims of something similar.

Have they done something for Serbia? Have they done something for Irak? For Afghanistan?
Nope, and they won't be entering a war for Iran, especially Russia.

Russia will be more than happy to see Iran under complete sanctions or its entire oil production go bust because Russia needs high oil prices, that's why it wants to trigger as much shit as possible in that region, for them Iran managing to sell as much oil as Saudi Arabia is a nightmare.
China? China will not go to war anywhere but near to its own borders, if war breaks out trade goes down, and they are dependent on it, they will not enter a war in which they have a lot of problems separating allies from foes and translating all of it into exports and imports.

Unfortunately for Iran when war will come, as I highly doubt it will be in the years to come they will find out they are alone, alone with no allies and nobody wanting to risk anything for them.

[Mauser]

Well any political instability will cause global traders to start looking for some safe havens and we know some traders see Bitcoin as a Safe haven, so I would say.. yes... it will happen.

That said.... not a lot of institutional traders see Crypto currencies as a Safe haven, so they will rush to buy traditional safe havens like Gold and Silver. Bitcoin is a bit too volatile for professional traders to take it serious as a "safe haven" ...but they will speculate with it as a short term high risk investment. 

A flight into safe asset could definitely happen if a new war starts. I think it all depends on how large the war is going to be, only Iran vs Israel? Who would join in of the other countries. If Israel starts the war it might be hard to find allies, especially now with Biden in the white House. As long as its only a minor regional conflict bitcoin shouldn't be too much affected.

[kpierce77]

War is always bad and must be avoided at all costs. According to my understanding, the conditions of war were very chaotic conditions for a certain period of time. Crypto is freedom and will be very useful in situations where a region is isolated or in conditions that do not allow the economy to run. on the other hand Gold has a value which has a form and can be seen with the eye. In that case, I think gold will be more valuable and more reliable than crypto or fiat. gold also has a value that is recognized by almost everyone in the world, so in my opinion if a situation of some kind of war or natural disaster occurs and you can only keep a few wealth, then gold is a wise choice.