Post
Topic
Board Speculation
Re: Will bitcoin will move up if there is a war with Iran
by
Silberman
on 07/01/2020, 16:49:36 UTC
Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ?
Oil and gold prices are already up within last few days. Will Bitcoin will be next?
If there is any effect it should be minor so do not expect a bull run out of this since bitcoin does not have anything to do with that war, take a look at oil, whenever there is a significant war or the risk of a war in a country that has a lot of oil the price has a tendency to go up, and in this case it makes complete sense since in a war the enemy has the desire to take control of the oil or at least to destroy that infrastructure to deprive the country from that valuable resource.