Quote from: Andrews193 on January 14, 2020, 01:18:26 PM

Quote from: Colt81 on January 14, 2020, 10:37:23 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.

It's true that oil prices and gold have pumped up it's prices in the past few weeks due to the war between US and Iran, that is why there is a huge chances that bitcoin would also pumped up it's price if the war continues. But we should not celebrate about it because if the war really continues every country in the world will be involved and a lot of people will die.

I don't understand why we are using tensions between the US and Iran to explain the growth of gold and some other resources in the recent period, why don't we think that this price increase is appropriate when their economies are growing stronger each year? Besides, the price of bitcoin is not affected in this story, its price depends on demand, information about stress and this battle is just a speculation without logic, perhaps all to obscure the manipulation in some institutions' bitcoin

Same thought here. The tension between US and Iran were just used to manipulate the market. There is no direct correlation between the current Bitcoin price movement and this so called tension. Because if it is so, why does the price of Bitcoin increase today when the situation in the middle east does not change nor the tension escalate? I believe this kind of thing is just the result of the wild imagination of writers paid by some whales to incite something in the market.