Quote from: Colt81 on January 08, 2020, 09:55:41 AM

Quote from: jonathan6655321 on January 04, 2020, 02:54:17 PM

I would like to hear what people here in the community think about it.
As far as I know, when there is a war, people are taking their money out of the stock market because they fear of instability.

I wonder what a situation like this may cause to the crypto market.

Bitcoin might increase it's price if the war in Iran will happen because gold and oil has also increased, so automatically a lot of wealthy or rich people will store their funds in bitcoin as their safe asset. But i still fear the war between Iran and US because even it will have an effect on bitcoin's price, a lot of people will die.

In fact, the price of bitcoin has increased over the past few days and is still increasing, today's bitcoin price has reached $ 8500 and it is a great signal for this market. But I don't really like the war because the war will make many innocent people in Iran die and the global economy will collapse, the war will only help safe assets like gold, oil, bitcoin rise.... I hope the tensions between Iran and the United States will end as soon as possible because if the conflict is still happening I suspect we will face WW III.