Quote from: sana54210 on January 12, 2020, 02:07:47 PM

Quote from: SquallLeonhart on January 10, 2020, 06:38:00 AM

Quote from: Wysi on January 09, 2020, 07:28:32 AM

The recent Iran-US war like situation has already pumped up the oil prices and it has shown an postive effect for crypto and bitcoin as of now but how will this affect the national economy of other countries if a war breaks out? Who will suffer most and where will this lead our economy as wars always leads to inflation.

Youre wrong, this situation has nothing to do with cryptocurrency. The price did go up this week to around eight thousand dollars, but today it has dropped back to seven thousand dollars, so do you still think that it has anything to do with the war? And moreover, anyone who lives in a country fighting war doesnt care about all these things, they only care about surviving.

I wouldnt wish for the war to take place because war is a bad thing, though I dont live in any of those countries that would be affected, but I still dont like reading of innocent citizens being killed for no reason.

I completely agree with this. Even I think the price pump for bitcoin has nothing to do with the war because the price has already moved back to normal. Bitcoins are a volatile currency and the price change is normal.

Even if bitcoins would have moved to about $10k it would have been normal in the case of bitcoins because bitcoins are the most volatile currency. I can't yet think about the price change occurring due to the war amongst two of the countries. How could we relate them? Price of gold, oil or any other resources might be surely affected but it might not be the case with bitcoins.

Bitcoins are a decentralized currency which does not involve in any political or global crisis. Yes, the prices might be affected if a global World-war takes place but not in the case of small wars between two or more countries.

Yeah you are right and I also do not think about this that the Iran/US tension's effect the price of crypto currencies negatively so yeah the now a days the price of bitcoin is going to very good position and I hope very soon the price of bitcoin will get back to 10,000 dollar, and otherwise to seeing the world economy the Iran and US tension effect it.