Quote from: 348Judah on Today at 02:49:20 PM

Quote from: Sjkah on Today at 10:49:35 AM

The war that has started between Israel and Iran may eventually spread to the whole world. With which the price of Bitcoin may fluctuate. If the war continues for a long time, Iran will eventually stop supplying oil. Other countries will face many problems. When the United States joins this war, the price of Bitcoin will decrease further.

If the war ceased to exist or escalate, then it may not place a serious impact on the bitcoin market price, but if it persist and continue to escalate beyond we expect, then there is more of danger ahead, which the market is going to be more highly volatile and the effect is going to be well felt on the general market including the world economy running's and progress, all related events like this also join in determining for the market price on a short while.

There is definitely something about the situation where war "should" be something that benefits bitcoin. I know it is not common these days and war usually makes it go down, which I never understood why. Because in theory, war makes fiat weak, and fiat is weak, bitcoin should be strong.

But for some reason, people tend to sell when markets go down, and buy when markets are stronger and that is Exactly what it shouldn't be doing and unfortunately that is not really what we are seeing these days, doesn't make sense at all to me and should be done better. I get that it may be what people are feeling, but in normal cases, for the purposes of bitcoin, it should be going up when there is a war going on somewhere in the world.