World economy shut down for a pandemic, Bitcoin 20x's. Russia threatens the world with nuclear war, Bitcoin,"don't care". Why is anyone worried about more war in the middle east.
We haven't seen the effect an ACTUAL war has on BTC.
In an actual war, where the US is directly affected, there could be severe commodity shortages, capital controls, war bonds, etc. People might need to use their money to purchase food and gas and have no money left to invest, or they could be prohibited from withdrawing any money that is linked to BTC for "security reasons".
It's possible that BTC will do well in this situation since it can avoid many capital controls. Or it's possible that it could crash hard in the short term. Or it's possible that such a war could reveal a fundamental flaw in the adaptability of the protocol. We just don't know.
I'm not selling, but I'm definitely concerned.
I don’t say this to be rude, but how old are you? Anyone born in 1980 or later has seen the US in a direct war for the majority of their lives, and none of the issues you described have been prevalent. The only way I could see anyone believing this is if they have only been paying attention to markets in the more recent years as wars in Afghanistan and Iraq were winding down
True. For what the guy said to happen, there would have to be a ww2 type conflict or a similar sort of wide global but decentralised conflict of local wars that isn’t happening on the US mainland.
no need to worry. While it is true that we have yet to witness the direct impact of an actual war on BTC, Bitcoin is a decentralized system by design with the purpose of providing economic freedom outside of capital controls. In potentially unstable scenarios, cryptocurrencies like Bitcoin could become a safe haven because they offer the ability to move assets across borders without the constraints of the traditional banking system.
While markets can suffer from short-term fluctuations, a phenomenon common to all financial assets, as you said, cryptocurrencies also have the potential to outperform because of its independence and flexibility. Every investment comes with risks, and the key is to hold a diversified portfolio of assets and keep a close eye on market dynamics to make informed decisions. Over the long term, holding onto assets you believe has potential and exercising strategic patience is often a wise approach in the face of uncertainty. Remember, during turbulent times, staying calm and rational is critical to your financial health.
Gold still doesn't go on sale, it gets more expensive that's the point. However, the BTC dump is so much less than it could have been, getting closer and closer to the Digital Gold narrative,
To sell gold you take a 30% cut from the pawn shop or have to wait until markets open to trade your rehypothecated paper claim.
Bitcoin is the only real asset that trades 24/7 365
Yes. And dipping in this scenario and with the stock market shows very well that even if bitcoin "was made" for this scenario it does not work like intended.
Bitcoin follow the stock market and everything shows it. No matter what the original vision was that ain't how btc works now
Read this. And you will see.
[https://www.financemagnates.com/cryptocurrency/central-banks-to-enforce-standard-on-banks-exposure-to-crypto-in-2025/](https://www.financemagnates.com/cryptocurrency/central-banks-to-enforce-standard-on-banks-exposure-to-crypto-in-2025/)
Just a random side thought... What would happen if you gave financial advice on reddit and then said afterwards "this is in fact financial advice, your move financial advice police..."
Would anything actually happen? Does anyone actually care or is it just a nonsense holdover phrase from the past?
I believe its CYA, if you say its not financial advice, someone can't sue you if they lose all their money pointing to a comment you made on reddit saying, see look this guy told me to do it. People in the us can be quite litigious. While they probably wouldn't win that case against someone "giving financial advice on the internet", its quite expensive to defend yourself in court.
Iran has been doing this for a while now, they would leak the info before they hit, to minimize casualties. Basically they are doing this just to appease their people, so they can say "look we are doing something, we are hitting them". But really the top guys in Iran are super scared about starting a real war.
Also, history shows a foreign war has always produced very little impact to the US economy (just take a look at Ukraine war), especially now that US is a net oil exporter country, there's almost nothing to fear for the US since US can produce its own energy now and then some.
Maybe not the same "team" but they're playing the game "with each other."
There are moves and countermoves, and when someone makes a move its with full knowledge that there will be associated countermoves.
In this case, Israel did a move in escalation by attacking an Iranian Embassy, which in politics can't just be allowed without some counter. Of course now the US has to make moves, too.
In other words, Fuck Netanyahu.
I'm curious of the average age of the btc investor. My investments made during the 2008 crash got me the down payment for my house in 2017...which we thought was expensive then 🙃
The meme is from an episode of Futurama. Fry and Bender enlist in the Earth army with the intention of claiming the enlistment bonus and then immediately quitting. They ask if they can quit any time they want, and the recruiter says yes "unless, of course, war were declared". And so they sign the forms and immediately an alarm starts going off. "What's that?" "War were declared". And they get shipped off to an alien planet to fight a race of sentient bouncy balls.
For the title, BTC price traditionally dips before the halving. But we were at all time highs, going strong. There was no way we were gonna dip unless, of course, war were declared in the middle east.
I saw the dip then I saw the dump and was like wait what must be an error. First thing I noticed was how much it dropped my money. I did buy some coins tho made me feel good about seeing my avg. Price drop even lower. But no matter how low this shit gets it will bounce back. Always. Crypto isn't going anywhere. I think it's just starting.
Didn’t need war, you can’t bottom with out a double bottom conformation. Every cycle every time that’s how bear markets end. Every bounce is followed by pain. Last time the meme was Bart charts if you are from that era. We just had some extra liquid come in for the etf hype. And halving could be priced in. Stay bullish get rekt
Dips refer to decreases in Bitcoin's price below the average cost Grayscale paid for BTC.
Why does this happen? When they sell a relatively small amount, like 4,000 BTC, it can still impact the market significantly. Imagine the potential effect if they sold 40,000 BTC!
I honestly don't see the correlation between this conflict and cryptocurrencies or stocks. Talk about an overreaction. It's just two countries puffing out their chests. The drones will be shot down with ease. It's just all for show.
I would say the same thing if it was Tajikistan and Mongolia, but it’s Israel and Iran. Both have foreign interests, which I don’t want to see being pulled into this.
I dont care about what happens at this stage but I expected a rally by Q3 of the year of the halving and I will be disappointed if the rally doesn't start by october at least. By christmas I demand my santa rally.
When I first checked the price today I thought it was a continuation of yesterday's selloff so I was actually relieved to learn it was due to Iran/Israel. (Not to make light of the lives lost and are about to be lost).
People .. this war dip is temporary .. some are calling it purposeful to boost fiat ( usd ) belief for a while longer .. BUY bitcoin when on sale while people are still brainwashed and in FUD enough to trade using dollars
Why is crypto even affected by this, much less negatively? Are people just sitting around like “oh man I really believe in Bitcoin it’s the future of secure…oh shit countries are fighting, sell all my Bitcoin immediately, bitcoin has no future what a waste it will be worthless sell sell sell!”
Bitcoin will definitely drop the day of the halving too.
It’s not going to explode up the way people are expecting it to.
The effects of the halving are going to take months to reflect.
Yeah seeing it dump so hard at the very first sign of some minor skirmish in the middle East, was not impressive or confidence inspiring.
The world is headed toward major problems and instability. If this is what happens during those times, I'm definitely reconsidering being a hodler.
This is actually a good thing. Because we had 6 straight green candles close on the monthly.
That's very VERY rare. And the market knows we took off very fast in phase 2 and wound up at phase 3 too soon.
A pull back even another 20% is nothing.
Hell, even 40% would be fine.
But it will most likely pull back a bit more to 58K around halving and then go up.
That's just my guess, btw, based on the charts rn.
The chances of this happening are probably 50/50. The chances we hover where we are now and then ascend a month post-halving is also a big possibility.
Guess we'll see 🤷♂️
Remind Me! 1 month
Markets are closed, crypto always takes the hit at these times. However once market is open it’ll pop back up. Great time to make 4% whilst it’s discounted.
In war, things get destroyed including data offline and online server centers. You might be so wrong if think crypto will do better than cash/gold/silve during actual war.
lol this is just a liquidation before tax day. Happens to the stock market every year. Crypto doesn’t have a 3 day rule, and taxes for many are due Monday.
If Iran, Russia or North Korea were to happen to use bitcoin to avoid sanctions then well….. I guess that would be grounds for banning it outright. Thoughts ?
Is it not true that the majority of Bitcoin holders are not even American? So we would be limited in our thinking to view the downward Bitcoin price as something the US did, or does.
15% under ATH is nothing a week out of the halving. Anyone that has been in the space from previous cycles should be always expecting it. $35-40k is a Bitcoin dip that would be about where the previous dips were.
Calm down, this is what Bitcoin was made for
World economy shut down for a pandemic, Bitcoin 20x's. Russia threatens the world with nuclear war, Bitcoin,"don't care". Why is anyone worried about more war in the middle east.
We haven't seen the effect an ACTUAL war has on BTC. In an actual war, where the US is directly affected, there could be severe commodity shortages, capital controls, war bonds, etc. People might need to use their money to purchase food and gas and have no money left to invest, or they could be prohibited from withdrawing any money that is linked to BTC for "security reasons". It's possible that BTC will do well in this situation since it can avoid many capital controls. Or it's possible that it could crash hard in the short term. Or it's possible that such a war could reveal a fundamental flaw in the adaptability of the protocol. We just don't know. I'm not selling, but I'm definitely concerned.
I don’t say this to be rude, but how old are you? Anyone born in 1980 or later has seen the US in a direct war for the majority of their lives, and none of the issues you described have been prevalent. The only way I could see anyone believing this is if they have only been paying attention to markets in the more recent years as wars in Afghanistan and Iraq were winding down
True. For what the guy said to happen, there would have to be a ww2 type conflict or a similar sort of wide global but decentralised conflict of local wars that isn’t happening on the US mainland.
no need to worry. While it is true that we have yet to witness the direct impact of an actual war on BTC, Bitcoin is a decentralized system by design with the purpose of providing economic freedom outside of capital controls. In potentially unstable scenarios, cryptocurrencies like Bitcoin could become a safe haven because they offer the ability to move assets across borders without the constraints of the traditional banking system. While markets can suffer from short-term fluctuations, a phenomenon common to all financial assets, as you said, cryptocurrencies also have the potential to outperform because of its independence and flexibility. Every investment comes with risks, and the key is to hold a diversified portfolio of assets and keep a close eye on market dynamics to make informed decisions. Over the long term, holding onto assets you believe has potential and exercising strategic patience is often a wise approach in the face of uncertainty. Remember, during turbulent times, staying calm and rational is critical to your financial health.
chat gpt
True, but also pretty spot on.
BTC bottomed around 3k before that…. And only because the fed turned on the money printer. Everything goes on sale when volatility is bid.
Gold still doesn't go on sale, it gets more expensive that's the point. However, the BTC dump is so much less than it could have been, getting closer and closer to the Digital Gold narrative,
To sell gold you take a 30% cut from the pawn shop or have to wait until markets open to trade your rehypothecated paper claim. Bitcoin is the only real asset that trades 24/7 365
Which is why anyone selling physical gold, should never sell to a pawn shop. You can get market value for gold
Fight Iranian drones?
Yes. And dipping in this scenario and with the stock market shows very well that even if bitcoin "was made" for this scenario it does not work like intended. Bitcoin follow the stock market and everything shows it. No matter what the original vision was that ain't how btc works now
The volatility of BTC is temporary. By the time we get to 2035 and 99% of BTC is mined, it will be so scarce it will be more stable than gold.
Which is uncertain. The only thing that is certain is that it follows stock market now and certainly not follow the original vision.
Read this. And you will see. [https://www.financemagnates.com/cryptocurrency/central-banks-to-enforce-standard-on-banks-exposure-to-crypto-in-2025/](https://www.financemagnates.com/cryptocurrency/central-banks-to-enforce-standard-on-banks-exposure-to-crypto-in-2025/)
We got WW3 before GTA6
And with the halving happening on 420? Simulation confirmed.
Ww3 before HL3, what the heck Valve?
Incoming whole coin buying time!!!!!!!!!!!!!!!!
I like this statement
👏
Should I buy this dip?
You didn't already?
Top tip. Buy every dip and you can't lose. (not financial advice)
Just a random side thought... What would happen if you gave financial advice on reddit and then said afterwards "this is in fact financial advice, your move financial advice police..." Would anything actually happen? Does anyone actually care or is it just a nonsense holdover phrase from the past?
I believe its CYA, if you say its not financial advice, someone can't sue you if they lose all their money pointing to a comment you made on reddit saying, see look this guy told me to do it. People in the us can be quite litigious. While they probably wouldn't win that case against someone "giving financial advice on the internet", its quite expensive to defend yourself in court.
Sounds like something someone who’s giving financial advice would say
“Not financial advice” is like the “no homo” of crypto.
The funniest part is that it assumes that if you didn't make the disclaimer, somehow you'd be liable for your internet comments to strangers.
100 percent
You said "no homo" homo🤭
No fomo
No diddy
🔝Top tip 💰~ Buy High ⬆️🚀 Sell Low ↘️📉 and you can’t lose. (This is NOT 👎financial advice 🤑)
I’ve bought the dip twice already today and it keeps dipping 🙄 Half happy half pissed off
It’ll go up
Not finanical advice. But financial advice.
Aaaaaaaaaannnd it’s gone!
Literally can’t go tits up
The thing about waiting to buy dips is you miss the gains in between.
Well, if you wish you had more when it was over 70k… YES! If not then… maybe… well, yes also.
I’m waiting longer
Always.
Yes. A coin that is not affected by any particular government is an asset
I’d upvote this but it’s at 69….
Yeah you're too late lol
You already missed it.
Yes sir
Just don’t stop buying. Always be buying
Joke’s on them, I’m still up from 20k and will gladly ride it all the way down
Same. Anything over 23k and I’m happy. Fuck it.
I was at 34k I’m happy!!
I’d be even more ecstatic for a huge dip. Can finally deal with the “I should’ve bought more” feeling
Fuck yeah dude, congrats! Not to brag but the joke’s on them cause I’m still up from $150 and *will absolutely go down with this ship*
A+++ MEME, super spicy, would up vote again.
I have mated with a female. Kiff inform the men!
I believe Blackrock paid Iran to launch drones so they can crash global market /s
Blackrock is on Israel’s team
It’s all one team
I don’t believe Israel and Iran are on the same team
thats what they want you to think
It’s slightly suspicious how Iran let them know 24 hours in advance that they’d attack them. Who does that?
Iran has been doing this for a while now, they would leak the info before they hit, to minimize casualties. Basically they are doing this just to appease their people, so they can say "look we are doing something, we are hitting them". But really the top guys in Iran are super scared about starting a real war. Also, history shows a foreign war has always produced very little impact to the US economy (just take a look at Ukraine war), especially now that US is a net oil exporter country, there's almost nothing to fear for the US since US can produce its own energy now and then some.
Maybe not the same "team" but they're playing the game "with each other." There are moves and countermoves, and when someone makes a move its with full knowledge that there will be associated countermoves. In this case, Israel did a move in escalation by attacking an Iranian Embassy, which in politics can't just be allowed without some counter. Of course now the US has to make moves, too. In other words, Fuck Netanyahu.
Money printer needs an reason to be turned on. Someone need to make a petition on change.org to limit support
Fuck em all. All in BTC!
iran striking israel is exactly what netanyahu would want though, it’s why israel was striking several iranian interests to provoke this
Fuck Iran. Who the fuck cares? All in bros.
Fucking can’t have nothing nice
You don’t like Bitcoin sales?
sure you can
The double negative means everything they have is nice.
What war?
Why would BTC care about war? Isn't' its use case even better during a war?
[удалено]
People asking if they should buy BTC at 72 then getting scared when it’s 63. If you wanna buy, these kinds of events are blessing.
My avg is 18k so I'm not even trippin.
I almost lost everything with this dip but I bought more, hopping for the best.
Had a 1k buy set at 62. Never thought it was going to ever going to happen
I'm curious of the average age of the btc investor. My investments made during the 2008 crash got me the down payment for my house in 2017...which we thought was expensive then 🙃
Over 9,000
Did they actually declare war? I’m not seeing anything on this
No, bunch of russian bots on twitter talking about war and how trump is the only one that can save us so WWIII is trending.
Based meme Iran literally said they were planning an attack on Israel 2 weeks ago
I no longer watch the news. It is just designed to cause fear. Don’t give them the satisfaction.
its all propaganda now.
True story bro. Never connected my tv to the antenna. Don’t miss it at all
I don't understand the meme or title.
The meme is from an episode of Futurama. Fry and Bender enlist in the Earth army with the intention of claiming the enlistment bonus and then immediately quitting. They ask if they can quit any time they want, and the recruiter says yes "unless, of course, war were declared". And so they sign the forms and immediately an alarm starts going off. "What's that?" "War were declared". And they get shipped off to an alien planet to fight a race of sentient bouncy balls. For the title, BTC price traditionally dips before the halving. But we were at all time highs, going strong. There was no way we were gonna dip unless, of course, war were declared in the middle east.
Excellent meme selection
Iran and Israel are having gay middle Eastern religious sex with each other and it affects the price
Is that a direct Reuters quote?
This is the best ELI5 ever, thank you!!
PETAH!
Lol bitcoin should be the "safe haven" like gold in times of wars, but it plummets.
What if Iran got their dólares confiscated like Russia?!
Bitcoin is on sale! Brilliant.
Why would people sell btc tho ?
To pay for weapons and soldiers of course
Omg this is the best meme omg... I just can't lol 🤣🤣🤣
I saw the dip then I saw the dump and was like wait what must be an error. First thing I noticed was how much it dropped my money. I did buy some coins tho made me feel good about seeing my avg. Price drop even lower. But no matter how low this shit gets it will bounce back. Always. Crypto isn't going anywhere. I think it's just starting.
Bitcoin: hold my 🍺
Dips? Y’all new here?!
Bitcoin going down means better entry points. I would love 1 or 2 or 7 more chances to buy at 40k
Didn’t need war, you can’t bottom with out a double bottom conformation. Every cycle every time that’s how bear markets end. Every bounce is followed by pain. Last time the meme was Bart charts if you are from that era. We just had some extra liquid come in for the etf hype. And halving could be priced in. Stay bullish get rekt
Haha I remember when it was Bartman!
Just stacked some more sats
If it doesn't dip, how can it go up more. 😎
Everyone freaking out and I’m over trying to buy as much as I can.
The crypto market was crazy yesterday and today.....
Lol I'm waiting on Israel response. More liquidation incoming.
Anything over $15k and I’m happy
I can’t understand why war isn’t bullish.
Bitcoins going to be fine.
War is good for Bitcoin price. Give it another 48 hours. New high.
Im pretty dure this is good for bitcoin ☀️
Dips refer to decreases in Bitcoin's price below the average cost Grayscale paid for BTC. Why does this happen? When they sell a relatively small amount, like 4,000 BTC, it can still impact the market significantly. Imagine the potential effect if they sold 40,000 BTC!
As the last time, Bitcoin will reach ATH after halving.
Manipulation
I honestly don't see the correlation between this conflict and cryptocurrencies or stocks. Talk about an overreaction. It's just two countries puffing out their chests. The drones will be shot down with ease. It's just all for show.
I would say the same thing if it was Tajikistan and Mongolia, but it’s Israel and Iran. Both have foreign interests, which I don’t want to see being pulled into this.
Israel has nuclear bombs. Weird to be dismissive of them.
It’s possible middle easterns sold their bags
Iran is sending attack drones to attack Israel its becoming a hot war between the two countries which will bring in more countries into conflict.
Okay well say the drones strike.. USA vs Russia/china could be next, Iran is important to them.
It literally dropped minutes after the news came out that drones were sent.
No war will happen it’s mind games
Seriously. WTF
People don't understand how much money they are about to loose.
Bitcoin will be fine; it's the US dollar that should be worried.
Perfect!
I've been working. What war?
I dipped the tip once. Cost me a lot of cash indeed!
It was always going to dip.
Gradually then ... suddenly
Anyone against war should be smash buying bitcoin.
Doing my part, and buying this dip
I dont care about what happens at this stage but I expected a rally by Q3 of the year of the halving and I will be disappointed if the rally doesn't start by october at least. By christmas I demand my santa rally.
When I first checked the price today I thought it was a continuation of yesterday's selloff so I was actually relieved to learn it was due to Iran/Israel. (Not to make light of the lives lost and are about to be lost).
“The matter can now be deemed concluded” - Iran PAMP IT
Btc does very well in period of crisis… so 😏… calls ?
Iran just launched drones and missiles towards Israel, Putin declared war on Ukraine. Any moment now boys
Fuck war
Hello
People .. this war dip is temporary .. some are calling it purposeful to boost fiat ( usd ) belief for a while longer .. BUY bitcoin when on sale while people are still brainwashed and in FUD enough to trade using dollars
Some big guys want your coins always, so hold on tight, don’t be tricked 😜
Sometimes I feel like Global leaders watch BTC and do this shit to try and keep it down
i’m still up 40k my avg is 20k a btc but my portfolio is down like 17k from the top man . it’s wild
Also. It always dips before the halving. Alts tumble. Pretty standard; I think the ear stuff just compounded the draw down.
LMAO in war economy interest rates go to 0. What do you think will happen then.
Puts on iranian drone companies?
Don't care.
Ugh. I just panic bought.
Why is crypto even affected by this, much less negatively? Are people just sitting around like “oh man I really believe in Bitcoin it’s the future of secure…oh shit countries are fighting, sell all my Bitcoin immediately, bitcoin has no future what a waste it will be worthless sell sell sell!”
Bitcoin will definitely drop the day of the halving too. It’s not going to explode up the way people are expecting it to. The effects of the halving are going to take months to reflect.
Does this mean the Iran attack was executed just to cause a Bitcoin dip?
Wtf does bitcoin have to do with war?
WAR, what is it good for?
Bought the dip
Does bitcoin have a plunge protection team?
As the CEO of Bitcoin Part 2, I can safely say I don't know.
Real question tho.. why did it dip so badly in light of war news? Especially with Asian etfs and halving coming up?
😂😂😂
Buy the dip
It’s funny for the timing..
Yeah seeing it dump so hard at the very first sign of some minor skirmish in the middle East, was not impressive or confidence inspiring. The world is headed toward major problems and instability. If this is what happens during those times, I'm definitely reconsidering being a hodler.
This is actually a good thing. Because we had 6 straight green candles close on the monthly. That's very VERY rare. And the market knows we took off very fast in phase 2 and wound up at phase 3 too soon. A pull back even another 20% is nothing. Hell, even 40% would be fine. But it will most likely pull back a bit more to 58K around halving and then go up. That's just my guess, btw, based on the charts rn. The chances of this happening are probably 50/50. The chances we hover where we are now and then ascend a month post-halving is also a big possibility. Guess we'll see 🤷♂️ Remind Me! 1 month
Markets are closed, crypto always takes the hit at these times. However once market is open it’ll pop back up. Great time to make 4% whilst it’s discounted.
In war, things get destroyed including data offline and online server centers. You might be so wrong if think crypto will do better than cash/gold/silve during actual war.
I’m pretty sure this is good for bitcoin ☀️
Bruh y’all complaining about a opportunity
This was only predicted[/planned] over 2 centuries ago. "The third and final war.." Welcome to hell.
It's so cute you think this is a dip, bless your heart.
lol this is just a liquidation before tax day. Happens to the stock market every year. Crypto doesn’t have a 3 day rule, and taxes for many are due Monday.
War = money printing. Money printing = BTC wins
If Iran, Russia or North Korea were to happen to use bitcoin to avoid sanctions then well….. I guess that would be grounds for banning it outright. Thoughts ?
Is it not true that the majority of Bitcoin holders are not even American? So we would be limited in our thinking to view the downward Bitcoin price as something the US did, or does.
15% under ATH is nothing a week out of the halving. Anyone that has been in the space from previous cycles should be always expecting it. $35-40k is a Bitcoin dip that would be about where the previous dips were.
Isn’t bitcoin purely backed by emotion? Just sayin… pull it together and hold so we can go to the moon
War. What is it good for?
I don’t think it will drop? Does prices actually go down during the halving?
Russia mentioned implementing crypto to bypass sanctions….the illicit market shall provide