Iran Deal Hopes Couldn't Save Bitcoin — ColdCard FUD Hit Harder.

[JeffBrad12]

I wonder why people still think the Iran deal could save Bitcoin, short answer it won't because oil price has plunged and nobody give a damn anymore because it's the new normal. The ColdCard had nothing to do with the price because lets be serious ColdCard hacked in 30th jul 2026, the price barely move from the 65k-63k range and has swiftly going up slowly, which in other words means it's nothing.

[Dave1]

I wonder why people still think the Iran deal could save Bitcoin, short answer it won't because oil price has plunged and nobody give a damn anymore because it's the new normal. The ColdCard had nothing to do with the price because lets be serious ColdCard hacked in 30th jul 2026, the price barely move from the 65k-63k range and has swiftly going up slowly, which in other words means it's nothing.

It's because even if we don't want to see that there are relationship with what is happening around the world with crypto market, there will be some effect on us. As Bitcoin market reacts on what is going around geo-politically, or even in the economics of the US.

Good to see that Coldcard incident didn't has the negative effect or the black event that will pull the prices down to it's bottom. I guess, it could be just a isolated even and although there are a lot of Bitcoiners who lost everything they have, the amount is not enormous as compare to the last black swan event of the FTX collapse.

[Smack That Ace]

I wonder why people still think the Iran deal could save Bitcoin, short answer it won't because oil price has plunged and nobody give a damn anymore because it's the new normal. The ColdCard had nothing to do with the price because lets be serious ColdCard hacked in 30th jul 2026, the price barely move from the 65k-63k range and has swiftly going up slowly, which in other words means it's nothing.

Because everyone wants Bitcoin to go up, and they need positive news for that to happen. Unfortunately, there isn't much positive news in the market right now, so they tend to latch onto any piece of news they can find, hoping it will help Bitcoin go higher.

People seem to forget that the market is still in a bear market and the overall trend is still down. So expecting Bitcoin to rise based on isolated pieces of news is unrealistic, no matter how positive they may seem.

[Just Say]

It's the same with ColdCard. Despite how they are hyping it up in the media, it is not a serious matter.

The issue of cold card wallets is being hyped up in the media, but we have noticed that this impact did not have much effect on Bitcoin because after this wallet was hacked, many were speculating that Bitcoin could reach $60,000 again and this news created a sensation in the crypto community. At that time, the price of Bitcoin was only dumped by about 3 percent.

Again you can compare it with the past negative events such as exchange hacks. They are usually followed by an actual drop that is usually around 30%. The fluctuations we've had over the past couple of weeks barely reach 5%.

However, when compared to past exchange hackings, it can be seen that the dumping of the BTC market due to the negative impact caused by this cold card wallet is very insignificant. In my opinion the largest amount of money was hacked from the Bybit exchange in crypto history, but at that time the price of this currency had still decreased by about 7% in terms of market value at the end of the day, therefore, it can be assumed that the price of Bitcoin is not subject to any event or negative impact for a long time, as evidenced by the fact that the price of BTC is still above the 65K range.

LONDON, Feb 25 (Reuters) - Bitcoin dropped below $90,000 to its lowest since November 18 on Tuesday, as market nerves over U.S. tariffs reinforced the blow to crypto investor confidence from last week's $1.5 billion hack of ether from the Bybit exchange.
Bitcoin, the world's largest cryptocurrency by market value, was last down 7.25% on the day at $87,169.76.

[Doll2233]

It's because even if we don't want to see that there are relationship with what is happening around the world with crypto market, there will be some effect on us. As Bitcoin market reacts on what is going around geo-politically, or even in the economics of the US.

Good to see that Coldcard incident didn't has the negative effect or the black event that will pull the prices down to it's bottom. I guess, it could be just a isolated even and although there are a lot of Bitcoiners who lost everything they have, the amount is not enormous as compare to the last black swan event of the FTX collapse.

Bitcoin always has an impact on many things around him, especially geopolitics, but now recently institutional buying also makes things problematic because they joined this community with huge funds and also have control of a big share. They are playing with investors minds. This brings another influence in this crypto, despite many saying Coldcard had no impact on price, but still investors confidence level dropped.
Now in the last few days, things are looking positive; a few changes are happening. It's going to be good for Bitcoin and the crypto community. They want a good, positive trend. Can this exist for long? Bitcoin will have a better price because touching $70K could be big in the coming few weeks. This could give a good chance of having $80K till the end of this year. Bitcoin always needs to move by its nature; it could be good for the community instead of having movement by people who are trying to take control.

[yixichloro2xx]

I wonder why people still think the Iran deal could save Bitcoin, short answer it won't because oil price has plunged and nobody give a damn anymore because it's the new normal. The ColdCard had nothing to do with the price because lets be serious ColdCard hacked in 30th jul 2026, the price barely move from the 65k-63k range and has swiftly going up slowly, which in other words means it's nothing.

I don't think this deal is happening anytime soon. The amount of things Iran are asking for in the deal is quite much and the United State government aren't ready to accept their requirements. The conflict might stretch to  Trumps mid term election period. The more the conflict prolongs so as the oil market and other are affected, might also affect Bitcoin too. Bitcoin might keeping hovering around the $60k-$66k price range till next , if these nations doesn't end their personal issues.

[MadSl1m]

Forty-odd posts in and nobody has said what the bug actually is, which is probably why it keeps getting argued as FUD instead of checked.

Coinkite's own technical backgrounder says the seed path ended up on Yasmarang, MicroPython's general-purpose PRNG, through a link-time error rather than a deliberate weak-entropy fallback, and they estimate the effective search space at about 72 bits on Mk4, Q and Mk5. Mk2 and Mk3 running firmware 4.0.1 through 4.1.9 are in scope as well.

The part that matters if you hold one: they state that a strong BIP-39 passphrase reduces immediate exposure but does not repair an affected seed. The only exception they give is a seed created with at least 50 independent, private dice rolls.

[savetheFORUM]

Iran did nothing, ColdCard did nothing; basically, the market did nothing and reacted to nothing. It was around 64k, and it is still around 64k, and nothing has changed so far. I understand that you may want to see it go up, but it is up not because of coldcard, because it wasn't up already and nothing changed.

There aren't any good or bad news that impacts the price of bitcoin at the moment and we should be careful about what we are seeking right now because we are in the bear market and this year has bene bear since the star of the year and if you really want to make sure that you are dealing with something that is getting dangerous then you are making a big mistake, you should be more careful about what's going to happen and what we should be dealing with.

I understand it may not be all that easy to handle any of this, but if you want to make sure, buy right now so that you have it when it is low, and in the future in a few years when the price recovers and does better then we could be able to say that we got in very early and at the bottom and now we are in profit, but you gotta buy now and wait for many years before you can say that.

[Cryptohygenic]

I don’t really see how either Iran or Coldcard would have a fundamentally changing effect on Bitcoin that would alter the market direction.

It is an individual psychological mindset of the Op and it don't seem to even blame his thought on that after all even those market driving news on speculations has never been verified instead the activities seems to be coincidence on guessing to predict the future occurrences.
I also understand that the news about Iran must have keep people on active mode in sequence to how they expected market movements to take advantage if the news deal was executed and also, the sad news about the coldcard Fud too could have sparked fear on the bitcoin users which would have put even other hardware wallets users in fear about bitcoins safety.
All being said should have potential influence to manipulate enthusiasts too.

Right now it seems like all eyes are on Saylor to see how low he can be forced to sell that $5,000,000,000 stack he’s got burning a hole in his pocket. Once he’s been manipulated into selling at the lowest possible price, it will be off to the races.

Strategy is legitimately confirmed one of the most active bitcoin institution controlling one of the largest number of bitcoins leading other institutions and whalers which even their news alone without putting action to work first have the potential to manipulate vulnerable community users mindsets as much.
And as the institution is, numerous of users are keeping them on track to sell theirs when Strategy sells but the smart ones will also fall to buy even the Dip.