Will The Middle Eastern War Tension Crash Bitcoin

[free-bit.co.in]

Immediately I saw what was said about Bitcoin being an independent asset, I smiled.I know that there's no way Bitcoin can be an asset on it's own that does not depend on the international market and trade. Bitcoin is tradable and it's greatly adapted worldwide and it has from beginning follow market trends and speculations. I've never seen any global asset that is independent and I'm sure Bitcoin isn't so it is possible for the war to cause a price drop.

It is undeniable that Bitcoin performed quite well when the war between Iran and Israel broke out. Despite escalating conflict, Bitcoin has not been sold off too severely. It can be said that bitcoin has matured significantly. However, that does not mean being completely immune to the effect of war, geopolitics, or macroeconomic event.

You are right, no asset can exist independently of the global economy, and Bitcoin is no exception. Many people seem to think that decentralization means it can exist independently, but that is not true. Furthermore, Bitcoin network is decentralized, but its price is not. Its price still depend on the factors I mentioned earlier, and unfortunately, all of those factors are directly affected by the war.

Bitcoin is not independent, however, war does not always cause it to fall. That will depend on many other factors.

[YOSHIE]

Will The Middle Eastern War Tension Crash Bitcoin

In general, Iran's war is slightly different from other wars in the Middle East. There are several reasons that make Iran different and have an impact on the global economy, including the Bitcoin market.

Currently, Iran is one of the best economic sectors in the Middle East, the oil sector, maritime traffic and others, we know that Iran is a country that cares about Bitcoin and has the highest volume levels compared to other neighboring countries, For this reason, it can be speculated to have an influence on the crypto market and could also cause a drop in Bitcoin prices.

So, considering that the rise and fall of the price of Bitcoin is based on buying and selling, that is where the impact on Bitcoin is, plus the internet is down, the electricity is out in the Iranian region, it also creates panic for people to sell it and causes it to plummet.

[bitgolden]

We cannot certainly write off the effect of the war on the price of Bitcoin. Just as all other assets, it is affected by political and economic decisions by major economies. Bitcoin declined in price during initial strikes but it later recovered after few days. The price recovered so much that analysts began to speculate that Bitcoin is showing that it's a safe haven asset. Since we are already in the bear market, the price will show some decline even without geopolitical conflict.

While that is true, it's also important to remember that there is an overall arc of bitcoin price, a four year cycle that we are used to by ow, and I think it's clear that we are going to see that most of the time and that's going to be the most common one.

I understand why that may not be looking like the best of ideas but that's the thing about the current situation we are seeing here and we should not be comparing daily or weekly changes to overall. War impacts that week, but it doesn't impact the overall market movement.

[Fiatless]

Immediately I saw what was said about Bitcoin being an independent asset, I smiled.I know that there's no way Bitcoin can be an asset on it's own that does not depend on the international market and trade. Bitcoin is tradable and it's greatly adapted worldwide and it has from beginning follow market trends and speculations. I've never seen any global asset that is independent and I'm sure Bitcoin isn't so it is possible for the war to cause a price drop.

I don't think any asset is not affected by global economic conditions. Even gold, which has been widely known as a less speculative asset, responds to the effect of international economics. Bitcoin is highly speculative and reacts to government laws and polices of institutional investors. Bitcoin price is recovering now, maybe because oil price has dropped drastically and the news that the war will not last long.

[JeffBrad12]

Immediately I saw what was said about Bitcoin being an independent asset, I smiled.I know that there's no way Bitcoin can be an asset on it's own that does not depend on the international market and trade. Bitcoin is tradable and it's greatly adapted worldwide and it has from beginning follow market trends and speculations. I've never seen any global asset that is independent and I'm sure Bitcoin isn't so it is possible for the war to cause a price drop.

I don't think any asset is not affected by global economic conditions. Even gold, which has been widely known as a less speculative asset, responds to the effect of international economics. Bitcoin is highly speculative and reacts to government laws and polices of institutional investors. Bitcoin price is recovering now, maybe because oil price has dropped drastically and the news that the war will not last long.

Its all about attention and hype now, the capital keeps rotating and it doesn't matter even if it's gold, the only one asset praised to be the most stable enduring through ages of inflation since thousand years ago, the market for gold still face big volatility and all capital is going to oil.
Turns out everything is volatile, even the biggest asset in the world which is gold.

[free-bit.co.in]

I don't think any asset is not affected by global economic conditions. Even gold, which has been widely known as a less speculative asset, responds to the effect of international economics. Bitcoin is highly speculative and reacts to government laws and polices of institutional investors. Bitcoin price is recovering now, maybe because oil price has dropped drastically and the news that the war will not last long.

As I mentioned above, whether Bitcoin is a decentralized asset or not, large or small is irrelevant. As long as its price remains dependent on cash flow, liquidity, and investor sentiment...It will never be immune to the effects of global economic condition

Never expect Bitcoin to exist independently or remain unaffected by every economic fluctuation. Instead, expect it to react more positively and effectively than other assets when economic conditions change

[aoluain]

I don't think any asset is not affected by global economic conditions. Even gold, which has been widely known as a less speculative asset, responds to the effect of international economics. Bitcoin is highly speculative and reacts to government laws and polices of institutional investors. Bitcoin price is recovering now, maybe because oil price has dropped drastically and the news that the war will not last long.

As I mentioned above, whether Bitcoin is a decentralized asset or not, large or small is irrelevant. As long as its price remains dependent on cash flow, liquidity, and investor sentiment...It will never be immune to the effects of global economic condition

Yes I agree with this synopsis.

Firstly "CRASH" may not be the correct description of what could happen and anyway how does anyone
define that word? I suspect everyone has a different expectation.

ATM governments are moving to try and calm the markets by denying the effects of what is happening
and bloating their success - propaganda. They are only going to do that for so long before it becomes clear
that the US and Israel are losing the war they started and that Iran is winning and will likely change the
shape of the Middle East and its Oil which will in turn affect the US and more importantly Europe. We are
all going to pay for what has happened in the lase 12 days and what is going to happen which will affect
cash flow and liquidity - no doubt about it.

The US is the biggest producer of Oil in the World, Russia has vast reserves of Oil, Europe has none but Oil
is a global commoddity and so rises and falls globally regardless of whether you have a lot or none so
the pressures on supply will be felt obviously in the US too, which is only going to get worse, at least double.
The vast majority of people are going to need cash and also consider as inflation rockets interest rates will
increase so all the new cars and luxury lifestyles will have to be paid.

[philipma1957]

Bitcoin has been doing quite well lately, but if this war between the US and Iran should continue of which we are saying shouldn't, and all other world powers joining hand, it will surely affect the price of Bitcoin. As of today there's downtrend already, price of Bitcoin was at $71,000 yesterday and today it has moved downward to $68,000 today due to the tension so there's every possibility of more downtrend if there's persistence in the crisis so every investors heart should be prepared for whatever to come until stability in the Middle East.

watch it closer minute by minute if you will.

I am not a fan of wars but humanity has been a fan of wars for 1000's of years.


War in general is good for BTC not bad.

Think of a rich powerful person in a war torn country. 

Moving gold = hard
Moving silver = harder

Land can't be moved.

BTC can be safely stored.

 so BTC will fare well in small or medium wars.

Of course WWWIII with nukes and a few billion people getting killed BTC will not be as good.

[justdimin]

I don't think any asset is not affected by global economic conditions. Even gold, which has been widely known as a less speculative asset, responds to the effect of international economics. Bitcoin is highly speculative and reacts to government laws and polices of institutional investors. Bitcoin price is recovering now, maybe because oil price has dropped drastically and the news that the war will not last long.

As I mentioned above, whether Bitcoin is a decentralized asset or not, large or small is irrelevant. As long as its price remains dependent on cash flow, liquidity, and investor sentiment...It will never be immune to the effects of global economic condition

Never expect Bitcoin to exist independently or remain unaffected by every economic fluctuation. Instead, expect it to react more positively and effectively than other assets when economic conditions change

That's the thing, people always expect Bitcoin to be going up and up, and they are sad when it is not. When in reality, we should not compare it to bitcoin that used to be, we should compare it to other assets we could invest into.

This should be the thing we are looking into this, and as long as we can do this, and compare it to other investments, there is nothing that could be all that complicated and we should be able to realize how this could become a better situation if we compare. Gold, stocks, forex, doesn't matter what we are talking about, if we are going to see this become a thing, then we are going to realize it's not going to be that much of a tough situation at all, Bitcoin is far better than all of them.

[Odusko]

Bitcoin has been doing quite well lately, but if this war between the US and Iran should continue of which we are saying shouldn't, and all other world powers joining hand, it will surely affect the price of Bitcoin. As of today there's downtrend already, price of Bitcoin was at $71,000 yesterday and today it has moved downward to $68,000 today due to the tension so there's every possibility of more downtrend if there's persistence in the crisis so every investors heart should be prepared for whatever is to come until stability in the Middle East.

The war definitely have both short term and long term effects on bitcoin market and even the entire stock market, but what make bitcoin own effect of bitcoin less is the decentralised nature which means its market is excluded from the global market that has direct relationships with the government, bitcoin price movement is based on decentralised market demand which makes the price of bitcoin quite unpredictable. We may think that the price will fall to $60k and next you see bitcoin going all the way to $74k, so we need to keep expecting whatever.

[EarnOnVictor]

Although Bitcoin is a risk-on asset; one of the reasons why people correlate it with the stock markets. But it is a special kind of risk-on market. The reason for that is that it is not only in the mainstream of the financial market, as it's also being backed by a diehard community. That is why news or events don't affect it for long, and it has always been like that if you noticed. It might fall in the wake of the news, but before you know it, it overcomes.