Bitcoin Survives the War Scare

[Haunebu]

Bitcoin has survived far worse than this skirmish and the OG BTC enthusiasts can explain how it withstood the test of time and will continue to in a precise manner. Personally, I can give one example in this context.

I remember way back in 2019 when the entire crypto market collapsed and BTC dove below $7k. I always knew that it would rebound well and look where it is now. It's all about belief in its core foundation at the end of the day.

[Questat]

That’s just how resilient bitcoin is, that even if you see its price going into dips, and you have sensed there’s no chances to recover again, still it will recover in time, even if the recovery phase is not that fast. This only proves that bitcoin, regardless of any traumatic global event, will stay as reliable and profitable it is, no matter how volatile it is.

Bitcoin has always survived those past wars, but what has not survived are those weak hands who easily get panic and sell their bitcoin at a loss.

[Omahabit]

What’s happening right now doesn’t really affect Bitcoin. I’ve seen a few threads saying the current war between Iran and Israel, plus US intervention, could cause the market to collapse. And yeah, it kinda looked like it was going that way when Bitcoin dropped below $100k.

But look what happened -- it bounced back and is now trading at $105k. That just proves there’s nothing to worry about. Bitcoin can stand through tough times, and in fact, it’s something you can actually trust with your investment.

Many thought that the price of Bitcoin would fall a lot in the Iran-Israel war, but this war did not have much impact on the crypto market. However, after the United States attacked Iran's nuclear facilities, the price of Bitcoin fell quite a bit, but it quickly recovered. Since Bitcoin is unstable, it is normal for Bitcoin prices to go up and down. Now if you are investing in Bitcoin then there is no reason to worry, because the price of Bitcoin will continue to rise with time, now even though the price of Bitcoin falls a bit then it recovers quickly. But you may be worried about altcoins, because recovery is difficult if the price of altcoins falls. So if you are investing in Bitcoin then move forward with faith in Bitcoin.

I used to encourage one of my close friends that an investment in bitcoin for the long term as asset acquisition is very much profitable that even buying landed properties currently due to reasons of anonymity of wealth ownership mostly when one finds himself always in the company of greedy people, be it family members or close friends and associates. Also, because of the almost common breakout of crisis that could result into waring factions being brutal to each other all over the world and even within our locality, it has become imperative for any smart person with money to invest for the future, to acquire bitcoin for ease of access when one has got to quickly relocate to another place to save themselves from sudden breakout of crisis and other emergencies that may require quick wits and financial response to counteract.

The sudden price surge or drop in price is already part of the game or should i say the system of how the cryptocurrency market functions and any smart investor should learn to use this to their favor because whether we like to accept it or not, cryptocurrency is the new currency of the future that rhymes with emerging technologies and anyone not on its track will find it much more difficult later on when they intend to adopt new technologies or move to a new environment where it is widely accepted, use and a part of mandatory financial knowledge.

[goldkingcoiner]

What’s happening right now doesn’t really affect Bitcoin. I’ve seen a few threads saying the current war between Iran and Israel, plus US intervention, could cause the market to collapse. And yeah, it kinda looked like it was going that way when Bitcoin dropped below $100k.

But look what happened -- it bounced back and is now trading at $105k. That just proves there’s nothing to worry about. Bitcoin can stand through tough times, and in fact, it’s something you can actually trust with your investment.

Bitcoin was designed to withstand.  

Although I do see a slight correction coming. Anything that goes up must come down. We are long past the point where a few whales could influence a panic sell-off that would lead people into a suicidal mindset. The more Bitcoin adoption, the more Bitcoin stability and the less volatility.

In the future we might be lucky to see a "dump" of a few percent within a week.

[Accardo]

We are long past the point where a few whales could influence a panic sell-off that would lead people into a suicidal mindset. The more Bitcoin adoption, the more Bitcoin stability and the less volatility.

In the future we might be lucky to see a "dump" of a few percent within a week.

Do you mean that no threat could bring back bitcoin at 60k mark? It appears so, but that's not certain, despite the strong involvement of government offices in Bitcoin, would they be able to withhold Bitcoin in a bear season to stay around 85k upwards? The next halving is in less than 3 three years, and the long red candle is yet to come for buyers to purchase more bitcoin. Unless it pumps higher that 100k is the bench mark for the bearish moves, but with $10k added to the 100k and the $105k price it's not strong enough to hold on to a serious shake on the market. Like a crypto exchange rugpull.

[Mame89]

What’s happening right now doesn’t really affect Bitcoin. I’ve seen a few threads saying the current war between Iran and Israel, plus US intervention, could cause the market to collapse. And yeah, it kinda looked like it was going that way when Bitcoin dropped below $100k.

But look what happened -- it bounced back and is now trading at $105k. That just proves there’s nothing to worry about. Bitcoin can stand through tough times, and in fact, it’s something you can actually trust with your investment.

If we look at the bitcoin system and utility, bitcoin can go through any challenge and bitcoin remains unbeatable. Even if there is a war like yesterday, the price of bitcoin goes down, it is normal because many investors sell their assets because they panic because of fomo or fud and so on, but after that bitcoin will recover and go up again.

Because if we look at the history of bitcoin from the past to the present, when the global economy was uncertain it did not have an impact on bitcoin in the long term, the proof is that there are so many uncertain global economic turmoil and even crises such as the pandemic, the Ukrainian war and many more, but the impact on bitcoin was only temporary after bitcoin slowly recovered.

[Mehmet69]

What’s happening right now doesn’t really affect Bitcoin. I’ve seen a few threads saying the current war between Iran and Israel, plus US intervention, could cause the market to collapse. And yeah, it kinda looked like it was going that way when Bitcoin dropped below $100k.

But look what happened -- it bounced back and is now trading at $105k. That just proves there’s nothing to worry about. Bitcoin can stand through tough times, and in fact, it’s something you can actually trust with your investment.

If we look at the bitcoin system and utility, bitcoin can go through any challenge and bitcoin remains unbeatable. Even if there is a war like yesterday, the price of bitcoin goes down, it is normal because many investors sell their assets because they panic because of fomo or fud and so on, but after that bitcoin will recover and go up again.

Because if we look at the history of bitcoin from the past to the present, when the global economy was uncertain it did not have an impact on bitcoin in the long term, the proof is that there are so many uncertain global economic turmoil and even crises such as the pandemic, the Ukrainian war and many more, but the impact on bitcoin was only temporary after bitcoin slowly recovered.

Yes, you are right. Bitcoin is a decentralized network, so no government or war can stop it. No matter what the world economy is like. Bitcoin sets its own price. Also, we know that Bitcoin is not just a price, it is a symbol of financial freedom. Every time Bitcoin has fallen, its recovery has been stronger.

So, there is nothing to worry about investing in Bitcoin. You can invest without any worries. Because patience is the real strategy when it comes to investing in Bitcoin.

[goldkingcoiner]

We are long past the point where a few whales could influence a panic sell-off that would lead people into a suicidal mindset. The more Bitcoin adoption, the more Bitcoin stability and the less volatility.

In the future we might be lucky to see a "dump" of a few percent within a week.

Do you mean that no threat could bring back bitcoin at 60k mark? It appears so, but that's not certain, despite the strong involvement of government offices in Bitcoin, would they be able to withhold Bitcoin in a bear season to stay around 85k upwards? The next halving is in less than 3 three years, and the long red candle is yet to come for buyers to purchase more bitcoin. Unless it pumps higher that 100k is the bench mark for the bearish moves, but with $10k added to the 100k and the $105k price it's not strong enough to hold on to a serious shake on the market. Like a crypto exchange rugpull.

No realistic threat. But going back to 60K is not unrealistic. It could be well within the boundaries of a correction and there is nothing wrong with that. Everything that goes up must come down at some point. But I draw the line at 50K to be honest. If we go down further than that then something is really wrong (I still would not sell though). It might just mean another crypto winter (with a hodler summer up ahead).

What I meant is that there is no more such volatility that we saw in the young days of Bitcoin, when we would go down 40% in a matter of hours. Such things will not happen anymore (unless something unrealistically bad happens).

[PX-Z]

But look what happened -- it bounced back and is now trading at $105k. That just proves there’s nothing to worry about. Bitcoin can stand through tough times, and in fact, it’s something you can actually trust with your investment.

Just like everybody is saying even some observations articles, it happens when Trump announces the ceasizefire. As for this moment, Bitcoin price really is affected on such global happenings and some ralated news, it's not about Bitcoin only but crypto as a whole even Stock market is the same too.

[madnessteat]

What’s happening right now doesn’t really affect Bitcoin. I’ve seen a few threads saying the current war between Iran and Israel, plus US intervention, could cause the market to collapse. And yeah, it kinda looked like it was going that way when Bitcoin dropped below $100k.

But look what happened -- it bounced back and is now trading at $105k. That just proves there’s nothing to worry about. Bitcoin can stand through tough times, and in fact, it’s something you can actually trust with your investment.

I think that the correction shall take longer if there is no agreement on a ceasefire. We cannot deny that when the news about the ceasefire broke, the market recovered quickly. But that's not the point, though. You're right that whatever comes to the world and to the market, Bitcoin will stand firmly and will always be resilient to whatever is happening right now. Most of us who have been holding for years knew about that. And the newbies that has just experienced this are likely learning that Bitcoin is like this. No matter what happens, it recovers.

The so-called acute phase of the war between Israel and Iran lasted only 12 days, and Bitcoin did not lose much value during that time. Imagine if, after the US strikes on uranium enrichment facilities, the situation had escalated and other countries had joined the conflict. This could have had a significant impact on all risky assets due to the increased likelihood of a third world war.

In my opinion, after the US intervention in this conflict, it became more like a staged event than a real military confrontation. Iran and Israel announced to their citizens that they had won the war and that it was over. This seems quite amusing, except for the losses on both sides. Therefore, I believe that we should not expect Bitcoin to behave in the same way during real military operations, especially protracted ones.

[Botnake]

What’s happening right now doesn’t really affect Bitcoin. I’ve seen a few threads saying the current war between Iran and Israel, plus US intervention, could cause the market to collapse. And yeah, it kinda looked like it was going that way when Bitcoin dropped below $100k.

I think it truly affected by not on a significant effect, because after the fall last week, the market has been rising back to this time as if it never fell, we only have to aligned to the fact that some of the events of the breaking news only have some little or short time impact on  the market and not a long one, they are the reason behind some of the market shock we do have and those that are not careful on this stages may only fall a victim of missing out on the opportunity of buying or selling after the sudden shock.

I guess all of the breaking news that are bound to affect bitcoin will only have temporary effects on bitcoin. Because eventually, bitcoin still moves on its own leading the market again, since that’s how bitcoin is made for.

However, since not all bitcoin investors are firm enough to continue hodling, some end up becoming weak hands and totally lose control of their emotions and decide to sell even at a loss.

[fuguebtc]

I think it truly affected by not on a significant effect, because after the fall last week, the market has been rising back to this time as if it never fell, we only have to aligned to the fact that some of the events of the breaking news only have some little or short time impact on  the market and not a long one, they are the reason behind some of the market shock we do have and those that are not careful on this stages may only fall a victim of missing out on the opportunity of buying or selling after the sudden shock.

I guess all of the breaking news that are bound to affect bitcoin will only have temporary effects on bitcoin. Because eventually, bitcoin still moves on its own leading the market again, since that’s how bitcoin is made for.

 

Whether the impact of these breaking news is large or small, temporary or long-term for bitcoin will depend on the scale of the news and its impact on our economy.


Imagine if a war between Iran and Israel escalated, spread, and drew in the great powers. Causing the economy to fall into crisis, recession...I don't think bitcoin can recover on its own in a short time. Or if the breaking news is about the war between Russia and the United States or China, Bitcoin's situation is sure to get worse.

Similar to how Trump's trade war sent bitcoin price plunging below $77k, what would have happened to it if he hadn't postponed the tariff war?

[irhact]

Do you mean that no threat could bring back bitcoin at 60k mark? It appears so, but that's not certain, despite the strong involvement of government offices in Bitcoin, would they be able to withhold Bitcoin in a bear season to stay around 85k upwards?

I won't say that because the market can change anytime without informing us, there could be some sanctions that the market will react in a bad way to that it pushes the price of Bitcoin below our expectations that the price goes below $60,000. Bitcoin is holding strong among the wars happening but it isn't being bullish because the price has being falling for sometime. This isn't bothering me because I know that the market will recover back when everywhere goes back to normal but for now the market isn't giving us any good signs of recovering soon and this is chasing away investors. Regardless of how the market falls we shouldn't give up all hope on Bitcoin.

[Bastketsrus]

I noticed the decline after the US made their strike on Iran's nuclear site a few days ago. The market reacted the way it should, but bounced back for one reason I guess, and that's because the majority, especially investors, are not buying into their propaganda. If you remember, a similar decline occurred the moment the fight broke out at first, which made Bitcoin drop down to $101K if I remember correctly. Shortly after it bounced back despite the war and strike still ongoing.

The FOMO and propaganda is really making a negative impact, I can't deny to that fact, but I think the majority are not buying into it, so Bitcoin might continue to bounce back as long as it continues. I heard the cease fire just broke few hours ago, and both countries have resumed from where they stopped. We aren't buying into their stories this time, as we can boldly see what's happening.

Yeah, I noticed the same. The initial dip made sense with the strike news, but Bitcoin bouncing back so quickly shows people aren’t falling for the fear this time. Seems like investors are getting smarter about the noise.

[mirakal]

What else do you expect? I have never seen nor heard a global event that totally made bitcoin price stuck and never have the chances to pump again. Yes, bitcoin price can easily be affected by any breaking, hot news that is a world concern, but after a couple of weeks or months, bitcoin will surely return to its original momentum and make us amazed how fast and capable it is to recover, no matter how big the world’s issue may be.

Bitcoin remains fearless all the time. So there’s nothing to worry that bitcoin will be left hanging in the air, because take note, bitcoin is bitcoin and it’s powerful, and it’s certainly not like with altcoins.

[Rockstarguy]

What’s happening right now doesn’t really affect Bitcoin. I’ve seen a few threads saying the current war between Iran and Israel, plus US intervention, could cause the market to collapse. And yeah, it kinda looked like it was going that way when Bitcoin dropped below $100k.

But look what happened -- it bounced back and is now trading at $105k. That just proves there’s nothing to worry about. Bitcoin can stand through tough times, and in fact, it’s something you can actually trust with your investment.

The Iran and Israel war is not the first war since the existence of bitcoin; there have been several wars before now. Russia and Ukraine have been fighting long before now, and it did nothing to bitcoin.

Apart from wars, there have been terrible occurrences like COVID-19, and it did nothing to bitcoin. Bitcoin is very decentralized, and it is here to stay. People who don’t understand the value of bitcoin would always think otherwise when there is war or some occurrence. Bitcoin has gone through many tough times in the world, but it is still doing well and gaining more adoption.

[_BlackStar]

-snip-

The Iran and Israel war is not the first war since the existence of bitcoin; there have been several wars before now. Russia and Ukraine have been fighting long before now, and it did nothing to bitcoin.

Bitcoin price is affected by Russia vs Ukraine war - as is Israel vs Iran, only the impact is not long lasting and is only a short term impact.

Apart from wars, there have been terrible occurrences like COVID-19, and it did nothing to bitcoin. Bitcoin is very decentralized, and it is here to stay. People who don’t understand the value of bitcoin would always think otherwise when there is war or some occurrence. Bitcoin has gone through many tough times in the world, but it is still doing well and gaining more adoption.

What kind of impact are you talking about exactly - if it's about price, I think some of the previous big events had an impact on bitcoin including Covid 19. It's true that bitcoin has risen quickly - but you can't ignore the high volatility that has occurred in the short term.

[batang_bitcoin]

What’s happening right now doesn’t really affect Bitcoin. I’ve seen a few threads saying the current war between Iran and Israel, plus US intervention, could cause the market to collapse. And yeah, it kinda looked like it was going that way when Bitcoin dropped below $100k.

But look what happened -- it bounced back and is now trading at $105k. That just proves there’s nothing to worry about. Bitcoin can stand through tough times, and in fact, it’s something you can actually trust with your investment.

I wasn't worried at all. It's the first time in the history that we've seen Bitcoin get to $100k and with the war happening, I think if just some few dips would happen then most of the people that awaits for a better price will buy. We've got one huge correction already that has happened and if that will be repeated, most are going to buy once again and it won't be taking that long for the price to recover. We've seen it coming when the war has happened between Iran and Israel, they are in a ceasefire and Bitcoin recovered well.

[Kagaru]

I wasn't worried at all. It's the first time in the history that we've seen Bitcoin get to $100k and with the war happening, I think if just some few dips would happen then most of the people that awaits for a better price will buy. We've got one huge correction already that has happened and if that will be repeated, most are going to buy once again and it won't be taking that long for the price to recover. We've seen it coming when the war has happened between Iran and Israel, they are in a ceasefire and Bitcoin recovered well.

Honestly Bitcoin has time and time again proved to be tough even in world tensions. It was less of a meltdown when it reduced below 100k. Time of uncertainty creates panic in people but those that have stayed long enough in the space know that bitcoin always rebound better. The demand remains strong as it had bounced to 105k quickly. A war or a political event is likely to be volatile in the short term yet the origins of Bitcoin will not be altered. At least, an increasing number of users begin regarding it as a safer store of value when the economy is volatile.

[Kaliandra]

That’s just how resilient bitcoin is, that even if you see its price going into dips, and you have sensed there’s no chances to recover again, still it will recover in time, even if the recovery phase is not that fast. This only proves that bitcoin, regardless of any traumatic global event, will stay as reliable and profitable it is, no matter how volatile it is.

Bitcoin has always survived those past wars, but what has not survived are those weak hands who easily get panic and sell their bitcoin at a loss.

it is true of course what makes btc go down are people who have weak hands who always panic when there is news about war conflicts between countries and so on but for those who always know the potential of btc in the future of course they always hold their btc tightly and of course if it is sold of course if btc is really very high the price and of course if you look at the current btc price it is certainly still cheap for those who know very well about what the future of bitcoin is like. but usually not a few people panic and lose selling btc because usually it is not idle money that is put into btc and I have also experienced panic before when there is bad news. 

if I think about it I see that currently people are starting to realize that btc is a good asset that is why currently the btc price is still good and indeed as op said of course now we don't need to hesitate to invest in btc.