Value of crypto during these times

[Bluedrem]

Yes, crypto currency is a resource that is not under the control of a single country. As a result, even if a country can artificially collapse the economic situation of another country, that is, the value of fiat currency, due to war, it cannot do so on crypto currency and even if it does, the result will have an equal impact on all countries. This time, in the Iran-Israel war, many thought that the price of Bitcoin would move towards the desired decline, but in the end, it was seen that Bitcoin is showing great performance even in the unstable situation of war. As a result, it can be said that currencies like Bitcoin can provide security to the people's economy in war or any situation.

[aylabadia05]

<snip>

We are now seeing the importance of crypto in the current situation especially when it comes to digital transactions. Even if we say, we can't use it for regular day to day payments, we can see that it is very valuable now in cross-border transactions where you need only small fee to execute it. So whether there's war or not, we can say, it is still valuable in the payment sector.

Not all users can use the cryptocurrency you’re referring to as a payment method, and not all businesses accept all types of cryptocurrency as payment.
Digital transactions have become the new norm for almost everyone, allowing them to make purchases without carrying fiat currency in cash. They can pay for their purchases with digital payments, and this type of activity is nothing new.

I’d like to reiterate that not all cryptocurrencies can benefit everyone, but when it comes to Bitcoin, no one would say they don’t benefit from it.

[DiMarxist]

The effects of crypto currency will be felt better in times like this when nothing seems to be working due to the outbreak of war. When banks are down. Crypto currency especially Bitcoin is a system that has been built to work perfectly in any occasion and time because crypto work twenty four hours a day without anything distruption. Iran was able to utilize this very important property of Bitcoin to their own advantage as they were able to move monies through crypto currency in this very important time.

[Nwada001]

Is it like broadcasting transactions via radio signals? Even if that method works, it wouldn't be universally user-friendly.
But before we get to that step, how would someone instruct you to send them bitcoins and vice versa? Remember that scenario: all infrastructure is shutting down. If this is only a solution for face-to-face deals, fiat money seems more advantageous.

If the internet is the only thing that will be cut out and there are still other means of communication like text messages and calls, then such means could also be used to communicate with whoever wants to deal in bitcoin transactions. Wallet addresses can be sent across text messages. Such a level of stress will only be an option if it's the last resort; if not, using fiat or other physical assets will be far easier for trade than bitcoin, as it could also be hard to communicate with the outside world where such a transaction could have really been needed.

[gunhell16]

Yeah, I'm one of those who would deny it; not all the benefits of crypto will work when they lose one of their supporting elements. Not everyone can create a fully self-sufficient facility. This is especially true if your government limits your space for innovation and independence.

Definitely agreeable. If the internet is completely taken off, I don't think it will be much use. Majority of people depends on these government provided network systems to operate. Considering the cost and energy such private facilities might incure, people won't have second thoughts about using crypto in times of war. I'm still trying to understand if the report was made as a positive review about crypto or a negative bash, trying to inform the government about other means people were able to get their assets across borders.

This is what crypto can do but most people are still in denial about the benefits of crypto. When I talk to people about bitcoin specifically, they always assume that its separation from what we are used to is dangerous. That the privacy and efficiency it offers is a bad thing.

It's simply, don't listen to people's opinions. Everyone can't always be positive about bitcoin. Most of them just lack simple knowledge about it.

There is a truth that until now there are still many who do not understand Bitcoin, though most of them have heard of Bitcoin, and it is not really good for them; instead, when they hear it or talk about it, only one thing always comes to their mind, and that is that it is a scam.

That is why as long as there is internet, in my opinion, the existence of Bitcoin and other cryptocurrencies will not disappear, but once the government removes the internet, everyone will be affected; even the government will be affected because everyone will go back to the manual.

[Johnlomape]

The effects of crypto currency will be felt better in times like this when nothing seems to be working due to the outbreak of war. When banks are down. Crypto currency especially Bitcoin is a system that has been built to work perfectly in any occasion and time because crypto work twenty four hours a day without anything distruption. Iran was able to utilize this very important property of Bitcoin to their own advantage as they were able to move monies through crypto currency in this very important time.

The price of Bitcoin is not really performing well like the way we have been seeing through last year. The outbreak of the war is not really funny and the entire Europe has been looking for alternative so that Russia will supply the whole European oil to survive in this period where the war with Iran has caused severe problem especially in the price of crude oil.

This is the time when investors need to rethink and buy the dip while we wait till the price of Bitcoin is going to adjust and being fortunes to holders and traders in the market.

[MaxLevCoin]

The effects of crypto currency will be felt better in times like this when nothing seems to be working due to the outbreak of war. When banks are down. Crypto currency especially Bitcoin is a system that has been built to work perfectly in any occasion and time because crypto work twenty four hours a day without anything distruption. Iran was able to utilize this very important property of Bitcoin to their own advantage as they were able to move monies through crypto currency in this very important time.

The price of Bitcoin is not really performing well like the way we have been seeing through last year. The outbreak of the war is not really funny and the entire Europe has been looking for alternative so that Russia will supply the whole European oil to survive in this period where the war with Iran has caused severe problem especially in the price of crude oil.

This is the time when investors need to rethink and buy the dip while we wait till the price of Bitcoin is going to adjust and being fortunes to holders and traders in the market.

One thing I find important in situations like this is that bitcoin often shows its value more though accessibility than through short-term price movement. Even when markets reacts badly to global tension, the network itself keeps running, and that matter for people who need to move value without waiting for banks or local systems to reopen. Price can stay weak for a while because fear affects all markets, but the utility side of bitcoin becomes more visible during uncertain periods.

This is also why people look beyond the daily chart during these events. A dip may attract buyers, but many are also watching how bitcoin continues to function when traditional systems are under pressure.

[AprilioMP]

This is what crypto can do but most people are still in denial about the benefits of crypto. When I talk to people about bitcoin specifically, they always assume that its separation from what we are used to is dangerous. That the privacy and efficiency it offers is a bad thing.

The term “cryptocurrency” is too broad. Specifically, I want to focus on Bitcoin. Most people already understand the benefits of using Bitcoin to navigate difficult situations, but not all cryptocurrencies can be utilized in the way you’re suggesting.
People can say what they know, but the truth of what they say isn’t necessarily validated by others.
Privacy is being eroded, whether we realize it or not. But Bitcoin remains as we know it when it comes to privacy.

[Adams0001]

Yes, crypto currency is a resource that is not under the control of a single country. As a result, even if a country can artificially collapse the economic situation of another country, that is, the value of fiat currency, due to war, it cannot do so on crypto currency and even if it does, the result will have an equal impact on all countries. This time, in the Iran-Israel war, many thought that the price of Bitcoin would move towards the desired decline, but in the end, it was seen that Bitcoin is showing great performance even in the unstable situation of war. As a result, it can be said that currencies like Bitcoin can provide security to the people's economy in war or any situation.

If a country can have access to bitcoin and they control it i don't think bitcoin will have the value he have currently things will have gone wrong and many people won't be getting interested in investing in bitcoin because people will be making it difficult to enjoy and get a huge profit, but now that is uncontrollably everything is going well fine the way he should be. Crypto currency as help many people to become rich and not struggling of looking for a good investment that they will invest and get trust on. Some countries the economies is bad and many people are still trying and invest in bitcoin that should have show you that bitcoin as go far already and he will continue developing and old day all the country will start to have interest to invest or making transactions with it.

[Muba20]

crypto currency is a resource that is not under the control of a single country. As a result, even if a country can artificially collapse the economic situation of another country, that is, the value of fiat currency, due to war, it cannot do so on crypto currency and even if it does, the result will have an equal impact on all countries. This time, in the Iran-Israel war, many thought that the price of Bitcoin would move towards the desired decline, but in the end, it was seen that Bitcoin is showing great performance even in the unstable situation of war. As a result, it can be said that currencies like Bitcoin can provide security to the people's economy in war or any situation.

Bitcoin is an independent medium of exchange. When banks are forced to close their operations, Bitcoin continues to operate at its own pace. It is not controlled by any specific country, which is why no one can stop Bitcoin. As a result, even though all financial transactions of people are stopped in the conventional system, Bitcoin has retained its trust in that place. Not only this war between Israel and Iran, we have seen before that when Russia was prevented from transacting through SWIFT, they could also transact using Bitcoin. This opportunity exists and will continue to exist in the future. That is why Bitcoin is not only a store of value but also a reliable means of financial transactions in adverse situations.

[GeorgeJohn]

This is what crypto can do but most people are still in denial about the benefits of crypto. When I talk to people about bitcoin specifically, they always assume that its separation from what we are used to is dangerous. That the privacy and efficiency it offers is a bad thing.

Someone who doesn't know bitcoin will say different kind of things discourage you not to value bitcoin...in cryptocurrencies, bitcoin has the highest privacy, maybe the person doesn't know how bitcoin privacy works...we need to know that bitcoin privacy is nice and it's not bad, you can make a research of Bitcoin and it's decentralized methods....

[Faisal2202]

This is what crypto can do but most people are still in denial about the benefits of crypto. When I talk to people about bitcoin specifically, they always assume that its separation from what we are used to is dangerous. That the privacy and efficiency it offers is a bad thing.

I guess, RAKIA researchers was saying crypto is being used by Iran officials to move their funds via crypto because the usual people was not able to use crypto because of no internet at that time but special bandwidth they said can only be managed by officials as far as I understand maybe I know less at this moment, but I don't think the could be anyone else.

Crypto has given a sense of freedom to us and the idea was simple in the start when governments were not involved now they are and they are using this freedom to save themselves from sanctions, they are using it as an alternative. But the reality still remains the same, those in power can easily get this freedom normal people like us who depend on officials to provide us with internet can't benefit from this.

[Ndabagi01]

This is what crypto can do but most people are still in denial about the benefits of crypto. When I talk to people about bitcoin specifically, they always assume that its separation from what we are used to is dangerous. That the privacy and efficiency it offers is a bad thing.

You can’t convince people more than they can feel convinced to actually like something new. It has to be something they like naturally because trying to force or convince them come with its consequences which is not what you would love to see. Bitcoin has explained itself more than it can to anytime who would find interest in it.

That's the advantage of cryptocurrency; we can use it anywhere in any situation due to the decentralised behaviour of Bitcoin. Just imagine Bitcoin struggling in this bear market but not being affected by the war. It does prove again crypto payments are the solid payment for borderless transactions. I am wondering when my government will realise that.

The war in the Middle East is a major war as it involves top countries there, with US been inside the whole picture, it now makes it even more clearer that the cryptocurrency market should have been affected and we get to see a major reaction in the market as a result of that. Since we are not seeing that, these news looks more relatable and more realistic to the findings in the OP’s post. Bitcoin still looks more advantageous to rely on in terms of wars like this when internets connections are cut off, the best for borderless transactions.

[Issa56]

The price of Bitcoin is not really performing well like the way we have been seeing through last year.

We shouldn’t expect bitcoin price to keep on pumping always, there will be time that bitcoin price is going crash, some times the price is going to be stable within a range, and sometimes bitcoin price will be pumping, but what most people just want from bitcoin is for the price to keep on pumping, any slight decline in bitcoin price they going to start complaining. Whenever bitcoin price is down, then we should know that thats already an opportunity to accumulate more bitcoin at cheaper price, so we are not even suppose to be complaining whenever there is a decline in bitcoin price.

[CryptSafe]

xxxx the only issues right now are the regulations of different countries because overall, anyone can use Bitcoin, anywhere you are in the world, so for what OP said about the current issues related to war, yeah, nothing is new here, Bitcoin is still usable by anyone and anywhere.

It is true that anyone can use Bitcoin in any part of the world, irrespective of whatever is happening or going on in that part of the world, but the governmental restrictions are what make it look like there are challenges of adoption and acceptability globally. However, some governments are beginning to adopt it, but they want to control how their citizens uses it and possibly a regulation to control the flows and activities of the bitcoin in their country so they can put everything about it under their raders and watch as well but they forget that people are always proactive to look for alternative ways to protect themselves from the government when it comes to situations as such.

[bitterguy28]

Yeah, I'm one of those who would deny it; not all the benefits of crypto will work when they lose one of their supporting elements. Not everyone can create a fully self-sufficient facility. This is especially true if your government limits your space for innovation and independence.

Definitely agreeable. If the internet is completely taken off, I don't think it will be much use. Majority of people depends on these government provided network systems to operate. Considering the cost and energy such private facilities might incure, people won't have second thoughts about using crypto in times of war. I'm still trying to understand if the report was made as a positive review about crypto or a negative bash, trying to inform the government about other means people were able to get their assets across borders.

This is what crypto can do but most people are still in denial about the benefits of crypto. When I talk to people about bitcoin specifically, they always assume that its separation from what we are used to is dangerous. That the privacy and efficiency it offers is a bad thing.

It's simply, don't listen to people's opinions. Everyone can't always be positive about bitcoin. Most of them just lack simple knowledge about it.

There is a truth that until now there are still many who do not understand Bitcoin, though most of them have heard of Bitcoin, and it is not really good for them; instead, when they hear it or talk about it, only one thing always comes to their mind, and that is that it is a scam.

That is why as long as there is internet, in my opinion, the existence of Bitcoin and other cryptocurrencies will not disappear, but once the government removes the internet, everyone will be affected; even the government will be affected because everyone will go back to the manual.

the thing is the government can cut off power and the internet only in specific places. they may retain internet for their use only. it’s not the first time we’ll hear of the government putting themselves first. even without internet, bitcoin will remain safe until you can access it again.

[Gladitorcomeback]

This is what crypto can do but most people are still in denial about the benefits of crypto. When I talk to people about bitcoin specifically, they always assume that its separation from what we are used to is dangerous. That the privacy and efficiency it offers is a bad thing.

That "most" has probably turned into "some" by now because I believe that most people now understand what Bitcoin is and what cryptocurrencies are, but there are some people who lack knowledge and understanding about it and they might consider it dangerous or whatever, because someone who has knowledge about Bitcoin and cryptocurrencies, they can never think that it's dangerous and its usage can get them away from what they are used to. Fiat and Bitcoin can stay side-by-side, and it's not important for one to vanish for the other to stay around.

One thing is true, and it is that most people these days don't use Bitcoin for the benefits it provides as a technology or a cryptocurrency, but they are using it mostly to make money and get profits, they buy it and hold it and then sell it when it goes up so that they can make money from it. However, this doesn't change the fact that those who use it at least know how it is and how it works, at least most people know that Bitcoin is not something dangerous once they start using it themselves.

[Asuspawer09]

I dont think that those something have to do with crypto, at war for sure most of the governments is not going to bother doing crypto or something like Bitcoin these are just asset I mean it might be useful as a tool since Bitcoin can act not more like a gold, since it has the Digital Gold narrative which is already being adopted around the world, most of the investors are investing on Bitcoin because they think that they are going to get protected from the inflation since most of the products or items are going to increase it's price because of the oil prices rising.

Still, I get that those nodes are useful and beneficial to the crypto blockchain, something like that, but it wasn't going to be a thing when it comes to actual war, This like crypto nodes in my opinion should not be the priority, I think this was least at times of war, you dont want to worry about how the node is doing in times of war, I mean they dont need to, for sure they have funds in crypto that they can tap in.

[Bitcoin_people]

This is not the time for us to debate on the value of bitcoin whether it is increasing or decreasing because we are expected to know this that we are already in bear season for Bitcoin, which on a number expectation should be at the fall of the market, we can also say that the value lies on how we can hold and the investment will make with respect to the rate we come in for it, that is why some will be making huge profit after investing and then you also discover some and not, the value remains unchanged even do every experience we have in its differs.

Yes, there should not be so much debate about the price of Bitcoin at the moment, but we know that the market is in a recession at the moment. As many have expected, the market is going to fall further, but considering that, the current market situation seems to be in a fairly controlled situation. Basically, in order to make a profit by investing in Bitcoin, you must hold it for a long time and it is possible to make a profit when the market enters the high direction.
However, the market conditions that we are seeing at the moment may soon recover from the fall in the market and the market will run towards the high again. Those who invest will definitely benefit. They should not sell because of the instability of the market, but if they hold it, it will be possible to make a huge profit when the price changes. From the experience of each of us, we know that when investing in Bitcoin, holding it for a long time is the most important thing.

[Webetcoins]

Bear market is not a joke, and we have to make sure that we know what we are dealing with during bad periods, if we keep the hope high and think that we can do better then the result most likely will be bad and we should avoid something like that.

I understand wanting to make money right away, but it's also understandable that we are not going to make that much money, so it's smarter to avoid that if possible. Just focus on the drop, and try to buy at the very bottom that you can.