Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: zendicator on January 08, 2020, 11:33:53 AM
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The war is coming folks and recently Iran strikes back to US bases in Iraq and I have noticed the price of bitcoin pumps. Can it be a catalyst for bull run? I guess it will be one of the factors because the stock markets will be dump and investors will flock in crypto space. I hope my guess will be true.
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That is indeed one factor. but did not last long. Maybe. Many countries do not want to use the USD as an exchange rate. They sell dollars to buy bitcoin. This is what makes bitcoin prices go up.
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The war is coming folks and recently Iran strikes back to US bases in Iraq and I have noticed the price of bitcoin pumps. Can it be a catalyst for bull run? I guess it will be one of the factors because the stock markets will be dump and investors will flock in crypto space. I hope my guess will be true.
That was a weird idea, war is not good specially within the persian gulf region in the middle east. it basically influence the price of the petroleum products globally, and many countries will be suffer due to the costly oil price if the tension getting into full scale, in my opinion the bitcoin price rally is not related to the US and Iran tension.
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That was a weird idea, war is not good specially within the persian gulf region in the middle east. it basically influence the price of the petroleum products globally, and many countries will be suffer due to the costly oil price if the tension getting into full scale, in my opinion the bitcoin price rally is not related to the US and Iran tension.
I agree. this is just a coincidence. Bitcoin goes up indeed it's time to go up. The analysis states that bitcoin should touch $8000, if not then the price of bitcoin will go down again. And proven, the price of bitcoin touched $8000.
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The price of bitcoin this morning, according to CoinMarketCap, was $ 8,359, but it has already fallen slightly to $ 8,150. What will happen next is unclear.
At the same time, verification showed that the rise in the price of bitcoin was not caused by tensions between the United States and Iran. There is no increase in demand for bitcoin in Iran. In addition, the price of bitcoin fell slightly despite a further aggravation of the situation in the Middle East. In the morning, Iran fired ten missiles at US military bases. A civilian aircraft was probably shot down while climbing from Tehran Airport, which belonged to Ukrainian Airlines.
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Who knows, maybe a small pump of cryptocurrencies now was because of this, since not only cryptocurrency, but also gold and oil grew in this same time, so everything is possible, but I expect the growth of bitcoin in front of bitcoin halving itself.
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I doubt it, I don't see it is a big factor that can trigger a significant rise in crypto market. If there is a rise in crypto prices, I think it is just a temporary effect and won't last long. Bullrun needs something like halving that can improve all coins to begin moving up in prices.
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I am very sad about war like this because this can trigger an entire country to experience war too.
Business world, health, finance, sovereignty in various countries will feel shaky and this is very sad.
Cryptocurrency will also experience a big effect if there is a war, do not let it happen!
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Can it be a catalyst for bull run?
It could be, it depends on the scale of the war between the two countries. More sanctions and censorship will be issued against Iran which will make their national currency harder to use. With bitcoin being resistant to all that, it is a great option to move funds.
If more countries will join the war (I hope not), the more bitcoin or other cryptocurrencies will be used.
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The war is coming folks and recently Iran strikes back to US bases in Iraq and I have noticed the price of bitcoin pumps. Can it be a catalyst for bull run? I guess it will be one of the factors because the stock markets will be dump and investors will flock in crypto space. I hope my guess will be true.
It looks like the price correction occurred on Bitcoin and Altcoin.
The heated situation between the two countries above is better not to happen continuously, hopefully, there is a better way out, so there is no war because it can cause something bad for the economy
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The war is coming folks and recently Iran strikes back to US bases in Iraq and I have noticed the price of bitcoin pumps. Can it be a catalyst for bull run? I guess it will be one of the factors because the stock markets will be dump and investors will flock in crypto space. I hope my guess will be true.
I hope you didnt mean this. If the price of market will increase due to tension of US and Iran that could inflict a war then Bull run isnt worth it at all. Imagine the areas that could be affected with it. If market will change I hope not for this reason because its so unfortunate to see one country going down and other's are happy with the reason.
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In the first place, I dont think this war gonna last long. This will be over soon with this small clashes between. And yes that is true, one of the factors that we see some pumps on the market is because of this crisis. Some rich and wise guys prefer bitcoin as a safe haven because they knew that stocks will gonna fall dump as this war continues.
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I do not think so. War is war. It has nothing to do with the increase in cryptocurrency. They are fighting using combat equipment, not fighting in trade. so obviously this has nothing to do. The media only magnified the situation so that it was seen that the rise in bitcoin prices was triggered by a war between the US and Iran.
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Trump will not start a full-scale war against Iran. This will actually mean a clash with the Islamic world, and the US Congress is categorically against it.
As for the increase in the price of bitcoin, it is already obvious that this is not a consequence of the aggravation of tension between the United States and Iran. Tension is still there, but the price of bitcoin has already fallen and now stands at 7,871 dollars.
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I do not think so. War is war. It has nothing to do with the increase in cryptocurrency. They are fighting using combat equipment, not fighting in trade. so obviously this has nothing to do. The media only magnified the situation so that it was seen that the rise in bitcoin prices was triggered by a war between the US and Iran.
I agree with you. War between Iran and U.S. has nothing to do with BTC pump.
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It is just the market trying to take advantage of the current news. nothing much happening. the bitcoin price will slide back to the normal price in due time. i think this has no reference to the current market. also the price has been static for a while and the new year is another reason for the price shake up
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If war happens this year, I don't think Bullrun will happen, because investors will withdraw their capital and make the volume of trading in the market go down. But if war doesn't happen, then I'm sure Bullrun is coming
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I looked at the price in Binance yesterday and it was about $8k. If it was because of war then I don't want Bitcoin to pump in exchange for losing lives. Bitcoin is back at $7.8k today after the news about Trump backing down. I guess the impending war between the two has caused panic or something and we probably don't want to admit it but somewhat it affected Bitcoin one way or another. I'm quite relieved now knowing that the issue is cooling off.
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~ we probably don't want to admit it but somewhat it affected Bitcoin one way or another.
Though we don't know the exact effect, I do agree that it still played a role in the recent BTC run. Operations of bitcoin miners were probably affected and some residents there who knows how to use bitcoin probably converted their fiat as well.
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~ we probably don't want to admit it but somewhat it affected Bitcoin one way or another.
Though we don't know the exact effect, I do agree that it still played a role in the recent BTC run. Operations of bitcoin miners were probably affected and some residents there who knows how to use bitcoin probably converted their fiat as well.
I agree with you. But this fact most likely served as a catalyst for price increases. But I can’t say this 100%. We need to observe what will happen next. But I still think that the bull should come this year in any case.
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I don't think that because of Iran and America that can trigger to bull run. Maybe the upcoming bitcoin halving many investors buys bitcoin now so hopefully we can see bullish market this year.
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I do not think that such a war would significantly affect the growth of the cryptocurrency market. Iran is not a country strongly influencing this market, as well as, strictly speaking, the US population. However, in other countries they can also respond to the emerging military conflict. We see that bitcoin and the cryptocurrency market as a whole are growing slightly, although the conflict between the US and Iran seems to have subsided.
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I don't think the war is going to happen and also, the struggle between the two countries will create little or no impact except if as speculated, there comes another world war then I think but not too sure many will store their money in cryptocurrency and that will trigger the price
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Bitcoin is the best place for flight capital and haven capital for those in Iran wishing to protect their assets, and that alone is enough to drive Bitcoin back towards its previous and all-time highs.
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The conflict between the United States and Iran forced Chinese miners to massively scale down their farms in Iran and move to Uzbekistan, where mining development is a national priority and licensed miners will be provided with preferential electricity supplies. This can reduce the cost of Bitcoin mining.
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Definitely not. We can see this time. Although the US and Iran are still in the war. Why did the price of bitcoin go down? Bitcoin prices go down or up not because of war. Whoever is at war, doesn't trigger the price of bitcoin. It might trigger objects or resources in each state. For example, the US and Iran wars will trigger dollars and oil. Not Bitcoin.
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We cannot be sure if the war will trigger a bull run for bitcoin but it is obvious that it will trigger a bull run for gold. Which means a decrease in the trust for usd and that can conclude us will a rise in bitcoin. This is all speculation of course, it might not have any effects on bitcoin too...
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I heard the news. But if you talk, people will switch from the stock market and buy crypto just because the war is very difficult to predict. What I see is that the stock of weapons manufacturing companies has increased due to US media reports that the US is buying up a lot of weapons supplies for the country.
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why are you sure when the warring country will increase the interest of crypto than other stocks? I think the economy will be chaotic and interest in investing will diminish. War effects other than physical damage will result in an unstable economy.
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I do not think so. War is war. It has nothing to do with the increase in cryptocurrency. They are fighting using combat equipment, not fighting in trade. so obviously this has nothing to do. The media only magnified the situation so that it was seen that the rise in bitcoin prices was triggered by a war between the US and Iran.
I agree with you. War between Iran and U.S. has nothing to do with BTC pump.
I agree to both of you. The price of bitcoin has nothing to do with war. It is different field and structure. War is about strength, power, kill, and to destroy which is not the face of bitcoin.