The effects of the geopolitical tensions on BTC, ETH and other cryptocurrencies

[yhiaali3]

Although the market performance may be influenced by geopolitical crises, I do not completely understand that Bitcoin is always used as an investment that can reduce risks like gold. It remains a very risky, even if one of the most promising instrument, though many conventional investors avoid Bitcoin and similar assets during crises because of their relatively short history and therefore, less proven stability compared to, for example, gold or government bonds. As with any other application, adoption of Crypto also depends on availability of electricity and internet . Internet and electricity in large wars I expect will be a rarity and hence unhealthy for utilizing digital currencies such as bitcoin and others.

Yes, I respect your point of view, your words contain many important points, as for Bitcoin, it is true that it is fraught with risks due to fluctuations, but in the long run it has become acceptable to many companies as a safe haven currency in the long run because it has one upward trend in the long run.

As for your point about the possibility of losing electricity and internet during wars, it is true of course, but since the war is limited to a specific region only and is not global, this will not be a big problem in providing electricity and internet.

[0t3p0t]

Why is the bitcoin price falling when these kinds of things should be making Bitcoin go up?

Are these weak hands dumping all the assets to buy gold and crude oil? If so, that is quite illogical to sell one safe haven asset for another. Unless of course, your safe haven asset is no longer a safe haven!

Anyway, don't expect the strikes to stop any time soon. These two have bad blood between them.

I think it should go like that when there's crisis Bitcoin will rise but it's the opposite same as what happened during pandemic though that was for me acceptable because of massive deaths maybe investors are afraid their families won't benefit all their Bitcoin assets but this war thing for me I think some are dumping Bitcoin for Oil because that is what I see almost everyday on the news about oil prices it might be that there's a fomo going on right now with oil.

[bitterguy28]

I think it should go like that when there's crisis Bitcoin will rise but it's the opposite same as what happened during pandemic though that was for me acceptable because of massive deaths maybe investors are afraid their families won't benefit all their Bitcoin assets

many lost their jobs and had to depend on their savings to sustain livelihood the pandemic days were hard and horrible for a lot of us even the rich ones lost their sources of income so i understand that a lot had to pull some money from their investments

but this war thing for me I think some are dumping Bitcoin for Oil because that is what I see almost everyday on the news about oil prices it might be that there's a fomo going on right now with oil.

it seems like many sources of oil are planning in increasing their prices we can then expect for oil prices everywhere in the world to rise as well and this will be a domino effect where other living expenses would start to rise as well

[doc]

Although the market performance may be influenced by geopolitical crises, I do not completely understand that Bitcoin is always used as an investment that can reduce risks like gold. It remains a very risky, even if one of the most promising instrument, though many conventional investors avoid Bitcoin and similar assets during crises because of their relatively short history and therefore, less proven stability compared to, for example, gold or government bonds. As with any other application, adoption of Crypto also depends on availability of electricity and internet . Internet and electricity in large wars I expect will be a rarity and hence unhealthy for utilizing digital currencies such as bitcoin and others.

Yes, I respect your point of view, your words contain many important points, as for Bitcoin, it is true that it is fraught with risks due to fluctuations, but in the long run it has become acceptable to many companies as a safe haven currency in the long run because it has one upward trend in the long run.

As for your point about the possibility of losing electricity and internet during wars, it is true of course, but since the war is limited to a specific region only and is not global, this will not be a big problem in providing electricity and internet.

Bitcoin is very suitable for long -term holds and large investors have already done it and now we also see large companies that have started investing in Bitcoin. Although fluctuating but every 4 -year silus always reaches a new ATH.
War only occurs in certain areas, if we discuss electricity and internet that died during war, but war will also have a negative impact on crypto prices.

[electronicash]

Although the market performance may be influenced by geopolitical crises, I do not completely understand that Bitcoin is always used as an investment that can reduce risks like gold. It remains a very risky, even if one of the most promising instrument, though many conventional investors avoid Bitcoin and similar assets during crises because of their relatively short history and therefore, less proven stability compared to, for example, gold or government bonds. As with any other application, adoption of Crypto also depends on availability of electricity and internet . Internet and electricity in large wars I expect will be a rarity and hence unhealthy for utilizing digital currencies such as bitcoin and others.

Yes, I respect your point of view, your words contain many important points, as for Bitcoin, it is true that it is fraught with risks due to fluctuations, but in the long run it has become acceptable to many companies as a safe haven currency in the long run because it has one upward trend in the long run.

As for your point about the possibility of losing electricity and internet during wars, it is true of course, but since the war is limited to a specific region only and is not global, this will not be a big problem in providing electricity and internet.

Bitcoin is very suitable for long -term holds and large investors have already done it and now we also see large companies that have started investing in Bitcoin. Although fluctuating but every 4 -year silus always reaches a new ATH.
War only occurs in certain areas, if we discuss electricity and internet that died during war, but war will also have a negative impact on crypto prices.

Saudi is gradually adopting crypto. the location of this country is right between the two warring country which definitely makes them part of the battle field, geopolitics tension always affect every assets. the tension also is spreading where allies of these 2 countries are about to tap and join this war.

if it escalates to ww3 the more prices plummets to the ground. this isn't what we wanted of course but world leaders are supporting and sending weapons so there is really a chance of making this war wider.

[Zed0X]

~ Do you think the recent events is going to significantly affect the predicted bullish rise in crypto market this month of October and the rest of the year?

It seems the market shock caused by the increased tension in the middle east has already been absorbed as BTC is up to $62K. This is to be expected but it's much faster than what I had anticipated. If Iran starts sending new rounds of missiles or if Israel invades them, crypto prices will most likely swing again.

[vegasus]

It seems the market shock caused by the increased tension in the middle east has already been absorbed as BTC is up to $62K. This is to be expected but it's much faster than what I had anticipated. If Iran starts sending new rounds of missiles or if Israel invades them, crypto prices will most likely swing again.

Issues like this are indeed very easy to affect the crypto market. and in just a few hours it can drop drastically. It's just that, indeed on various occasions, this is something that is awaited by holders who make purchases at lower rates. At least, they can get a cheaper price. but of course, this also has its pluses and minuses, especially for short-term holders or traders who want to take profits but have to wait for the market to improve again in a time that may be quite long.

[yhiaali3]

Saudi is gradually adopting crypto. the location of this country is right between the two warring country which definitely makes them part of the battle field, geopolitics tension always affect every assets. the tension also is spreading where allies of these 2 countries are about to tap and join this war.

if it escalates to ww3 the more prices plummets to the ground. this isn't what we wanted of course but world leaders are supporting and sending weapons so there is really a chance of making this war wider.

As for Saudi Arabia, there is a bit of openness to cryptocurrencies, but not as much as the UAE, which is located next to it. Since I am from that region, I know the impact of these two countries on cryptocurrencies and the economy in general.

Saudi Arabia's biggest impact is in the field of oil, not in the field of cryptocurrencies. Saudi Arabia and Iran (in addition to Venezuela) have the largest oil reserves in the world, and since Saudi Arabia and Iran are located in the Middle East, it will have a very large negative economic impact in the event of a war. There will be a real energy crisis in the world and it will cause prices of materials to go up insanely. In addition, of course, to the decline in the prices of fiat and cryptocurrencies.

[rizqillah]

It seems the market shock caused by the increased tension in the middle east has already been absorbed as BTC is up to $62K. This is to be expected but it's much faster than what I had anticipated. If Iran starts sending new rounds of missiles or if Israel invades them, crypto prices will most likely swing again.

Issues like this are indeed very easy to affect the crypto market. and in just a few hours it can drop drastically. It's just that, indeed on various occasions, this is something that is awaited by holders who make purchases at lower rates. At least, they can get a cheaper price. but of course, this also has its pluses and minuses, especially for short-term holders or traders who want to take profits but have to wait for the market to improve again in a time that may be quite long.

for those who have large capital can take advantage of this, because they can buy at a lower price. when iran attacked israel we saw the market swing until the bitcoin price dropped to 58K, then back to 62K, I thought it would last a long time it turned out that the bitcoin price recovered. We do not know the continuation of this war, because there could be another attack from iran or vice versa israel will retaliate and we will see the bitcoin price will drop again and if this lasts a long time, we should forget about ATH this year.

[pieppiep]

It seems the market shock caused by the increased tension in the middle east has already been absorbed as BTC is up to $62K. This is to be expected but it's much faster than what I had anticipated. If Iran starts sending new rounds of missiles or if Israel invades them, crypto prices will most likely swing again.

Issues like this are indeed very easy to affect the crypto market. and in just a few hours it can drop drastically. It's just that, indeed on various occasions, this is something that is awaited by holders who make purchases at lower rates. At least, they can get a cheaper price. but of course, this also has its pluses and minuses, especially for short-term holders or traders who want to take profits but have to wait for the market to improve again in a time that may be quite long.

for those who have large capital can take advantage of this, because they can buy at a lower price. when iran attacked israel we saw the market swing until the bitcoin price dropped to 58K, then back to 62K, I thought it would last a long time it turned out that the bitcoin price recovered. We do not know the continuation of this war, because there could be another attack from iran or vice versa israel will retaliate and we will see the bitcoin price will drop again and if this lasts a long time, we should forget about ATH this year.

This also provides that conditions of this nature such as wars between nations have an impact on the pricing of most crypto assets including the Bitcoin. For those who have a lot of money to invest, this price volatility can be a good investment opportunity to buy other assets cheaper, looking for a possibility to restore their price when the situation becomes stable again because something that is being purchased is Bitcoin. However, the same can be said that such type of uncertainty poses high risks, including if the conflict is long and/or intensifies.

As an investor you must also be careful with the information flow on the global situation and think deeper before making the decision. Portfolio diversification for instance may also be embraced by the investors and it may be such a wise decision particularly to reduce on the risk that arises due to the uncertainty created by geopolitical factors. In like this, even if the possibility to have low prices or high prices appears, investors are always safeguard against high risks that can cost their money.

[Bobcrypto]

It seems the market shock caused by the increased tension in the middle east has already been absorbed as BTC is up to $62K. This is to be expected but it's much faster than what I had anticipated. If Iran starts sending new rounds of missiles or if Israel invades them, crypto prices will most likely swing again.

Issues like this are indeed very easy to affect the crypto market. and in just a few hours it can drop drastically. It's just that, indeed on various occasions, this is something that is awaited by holders who make purchases at lower rates. At least, they can get a cheaper price. but of course, this also has its pluses and minuses, especially for short-term holders or traders who want to take profits but have to wait for the market to improve again in a time that may be quite long.

for those who have large capital can take advantage of this, because they can buy at a lower price. when iran attacked israel we saw the market swing until the bitcoin price dropped to 58K, then back to 62K, I thought it would last a long time it turned out that the bitcoin price recovered. We do not know the continuation of this war, because there could be another attack from iran or vice versa israel will retaliate and we will see the bitcoin price will drop again and if this lasts a long time, we should forget about ATH this year.

I will also bring you back to a Little memories of Bitcoin price movements as at 2018,, the price of crypto crashed without any war, though the presence of war between nations will affect market price.
 Now, my points is that some times market goes Bearish without any war as we are currently experiencing between Israel and the neighboring Middle East counties.
In 2018 as I said earlier, the entire crypto market experience the biggest crash that unfortunately pushed the price into Bear run that lasted till the end of 2019.
Obviously, war causes panic sales or even market dump because the users around the war regions are already in distressed conditions and fear.
In a nutshell, I think that war contribute to market crashes but the crypto price movementsb also has it own circle that will eventually go bearish irrespective of any war.

[Jating]

It seems the market shock caused by the increased tension in the middle east has already been absorbed as BTC is up to $62K. This is to be expected but it's much faster than what I had anticipated. If Iran starts sending new rounds of missiles or if Israel invades them, crypto prices will most likely swing again.

Issues like this are indeed very easy to affect the crypto market. and in just a few hours it can drop drastically. It's just that, indeed on various occasions, this is something that is awaited by holders who make purchases at lower rates. At least, they can get a cheaper price. but of course, this also has its pluses and minuses, especially for short-term holders or traders who want to take profits but have to wait for the market to improve again in a time that may be quite long.

for those who have large capital can take advantage of this, because they can buy at a lower price. when iran attacked israel we saw the market swing until the bitcoin price dropped to 58K, then back to 62K, I thought it would last a long time it turned out that the bitcoin price recovered. We do not know the continuation of this war, because there could be another attack from iran or vice versa israel will retaliate and we will see the bitcoin price will drop again and if this lasts a long time, we should forget about ATH this year.

Not sure if we can forgot about a new all time high this year though. I mean we still have 2 months to go and we really don't know, hard to predict where the price will go, maybe we can still go on a parabolic rise this November after the US election and then we get to $70k-$80k. As for the effects of the war, it looks like it has simmered down already, currently prices is set at $67k so we have a good rally and perhaps this might continue up to the end of the month. So it's really better to be positive in my opinion, that despite the background of war from behind, we should look at Bitcoin still hitting a new all time high at the end of this year and then continue the rally in 2025.

[MrSpasybo]

I will also bring you back to a Little memories of Bitcoin price movements as at 2018,, the price of crypto crashed without any war, though the presence of war between nations will affect market price.
 Now, my points is that some times market goes Bearish without any war as we are currently experiencing between Israel and the neighboring Middle East counties.
In 2018 as I said earlier, the entire crypto market experience the biggest crash that unfortunately pushed the price into Bear run that lasted till the end of 2019.
Obviously, war causes panic sales or even market dump because the users around the war regions are already in distressed conditions and fear.
In a nutshell, I think that war contribute to market crashes but the crypto price movementsb also has it own circle that will eventually go bearish irrespective of any war.

Yeah, I agree. While major global political events can impact the financial market and potentially affect BTC price, I don't believe they can fundamentally alter BTC long-term price behavior, such as over an entire cycle. Typically, BTC price declines stem from intrinsic factors, meaning BTC price has risen too rapidly and reached a supply-demand imbalance in the market. Political news merely accelerates or slows down the development of these "risk bubbles".

Currently, I don't see the Middle East conflict having a significant impact on BTC price. Despite the Gaza conflict, we'll likely witness the crypto market entering a bullrun followed by a bearsleep as it has in previous cycles. This is a time for us to be greedy rather than fearful of excessive political news.

[electronicash]

I will also bring you back to a Little memories of Bitcoin price movements as at 2018,, the price of crypto crashed without any war, though the presence of war between nations will affect market price.
 Now, my points is that some times market goes Bearish without any war as we are currently experiencing between Israel and the neighboring Middle East counties.
In 2018 as I said earlier, the entire crypto market experience the biggest crash that unfortunately pushed the price into Bear run that lasted till the end of 2019.
Obviously, war causes panic sales or even market dump because the users around the war regions are already in distressed conditions and fear.
In a nutshell, I think that war contribute to market crashes but the crypto price movementsb also has it own circle that will eventually go bearish irrespective of any war.

Yeah, I agree. While major global political events can impact the financial market and potentially affect BTC price, I don't believe they can fundamentally alter BTC long-term price behavior, such as over an entire cycle. Typically, BTC price declines stem from intrinsic factors, meaning BTC price has risen too rapidly and reached a supply-demand imbalance in the market. Political news merely accelerates or slows down the development of these "risk bubbles".

Currently, I don't see the Middle East conflict having a significant impact on BTC price. Despite the Gaza conflict, we'll likely witness the crypto market entering a bullrun followed by a bearsleep as it has in previous cycles. This is a time for us to be greedy rather than fearful of excessive political news.

nothing yet is happening. if Israel is not prevented to shoot Iranian oil rigs and nuke sites, i think that's the time we see market crashes.  stock market crash also affects the crypto market, i think this is what is to wait for, the retaliation hasn't happened yet but once it does, its going to affect  markets.

a potential war between EU countries vs Russia is also brewing. while Zelensky proposes preposterous solution such as declaring Ukraine as part of NATO.

[sampoerna]

I will also bring you back to a Little memories of Bitcoin price movements as at 2018,, the price of crypto crashed without any war, though the presence of war between nations will affect market price.
 Now, my points is that some times market goes Bearish without any war as we are currently experiencing between Israel and the neighboring Middle East counties.

And this is the first bearish era that I have encountered in Bitcoin. At that time I really wondered why the price of Bitcoin could suddenly drop that fast, even so drastically that many people went crazy because of it. It turns out that after understanding this, it might be true, that the 5-year bearish bullish cycle always exists. And some of the negative news is just one of the triggers, the existence of FUD only accelerates bad things to happen, whether it's because of war, or because of other issues that are intentionally or not, blown up in the moments after the bullish era. And maybe, in the future there will be more issues that will make the price of crypto fall again like before. Let's just wait and learn more from various events and past cycles.