Iran just sent drones at Israel, currently en route, so multiple countries in the region are closing airspace, announcing states of emergency, preparing airspace defense systems, etc. Most financial markets are closed, so crypto is basically the only place with liquidity for the market to express its view on whether this will result in serious damage and geopolitical escalation. Bitcoin sharply down from $66k to $62k on the headlines, most other cryptos down more. Paxos Gold (a gold-backed stablecoin) had a huge spike from $2400 to $3000 but it is coming down now. Leveraged liquidations can distort the initial magnitude here. Sad day; hopefully calmer minds prevail and de-escalate.

Replies (49)

🙏🍀🥲🥲🥵
Lyn Alden's avatar Lyn Alden
Iran just sent drones at Israel, currently en route, so multiple countries in the region are closing airspace, announcing states of emergency, preparing airspace defense systems, etc. Most financial markets are closed, so crypto is basically the only place with liquidity for the market to express its view on whether this will result in serious damage and geopolitical escalation. Bitcoin sharply down from $66k to $62k on the headlines, most other cryptos down more. Paxos Gold (a gold-backed stablecoin) had a huge spike from $2400 to $3000 but it is coming down now. Leveraged liquidations can distort the initial magnitude here. Sad day; hopefully calmer minds prevail and de-escalate.
View quoted note →
There are early signs of de-escalation. Iran announced that the attack is in response to Israel’s strike on Iran’s consulate in Syria and that they consider the matter concluded unless Israel retaliates. But I have no idea if they will or not, so we will see.
Very good breakdown. Terrible what's going on and markets look like they are over reacting or too many folk have been caught out with too high leverage going into the halving.
G1l BRB054.M's avatar
G1l BRB054.M 1 year ago
Am Yishra’el chai 🇮🇱🇮🇱 We will destroy all of our enemies no matter who they are! We will burn all these fucking terrorists.(Iranian regime,Hezbolah,ISIS,Hamás,Houthis,etc.🔪💀🔥🔥
Bibi n'attendait, vivement que la majorité du Peuple Israëlien qui le contextent depuis des mois le foutent dehors , jamais Gantz n'aurait ce chemin que Netanyahou emprunte depuis l'Intifada, la gueurre tant de jeunes soldats périssent pour une escalade meurtrière surtout sur la partie de jeunes israéliens africains ..S'attaquer à des établissements étrangers est plus que Macchiavelique comme tactique tout en colonisant des terres sur cette Terre de Palestine lieu des 3 trois monetheistes , méme des Arméniens orthodoxes ont été pris en cible au coeur de ces lieux
Sur le plan économique et stratégique c'est pas le moment depuis 4 à 5 jours on y attendait
G1l BRB054.M's avatar
G1l BRB054.M 1 year ago
We will destroy all of our enemies! We will burn them all ! 🔪💀🔥🔥 🇮🇷🇱🇧 🇸🇾🇸🇦 🇪🇬🇵🇸🇵🇰 🇾🇪 Am Yishra’el chai 🇮🇱🇮🇱🙏🍷
Every time bitcoin dips, an angel gets its wings. I looked at the price today and saw 62k, I was immediately hit with a profound sense of gratitude, the gratitude manifested itself into a smile, sip of coffee, and a trip back down to the fiat mines.
frphank's avatar
frphank 1 year ago
> Bitcoin sharply down from $66k to $62k on the headlines Great currency to be wanting to run an economy on.
I legit just woke up and saw Bitcoin dropping alerts on my phone and I was wondering what was up, damn, not the reason I thought, I really hope this doesn't become a wider conflict I also wonder how many leveraged traders were blind sided by this, and got liquidated apparently its 700 million but this article has no sources
Todo aquel que promueve la guerra, todo acto de genocidio, la hipocresía y el cinismo... Es parece mas los actos de hijos del demonio. Aprendí de varios judíos ortodoxos que el NaZionismo del estado de Israel es el verdadero enemigo de los pueblos Semitas. La gente cómo tú da asco. image
G1l BRB054.M's avatar
G1l BRB054.M 1 year ago
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 Am Yishra’el chai 🇮🇱🇮🇱🇮🇱🇮🇱 🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱
G1l BRB054.M's avatar
G1l BRB054.M 1 year ago
We will destroy all of our enemies! We will destroy all the fucking terrorists around the world and burn them all; you SHIT 🔪💀🔥🔥 🇮🇷🇱🇧 🇸🇾🇸🇦 🇪🇬🇵🇸🇵🇰 🇾🇪 Am Yishra’el chai 🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱
You don’t think blocking shipping and a few well placed missiles in Saudi Arabia, one of their enemies, might do the trick?
Ahora entiendo porque Hitler los quería hacer remolacha: Eran la competencia directa de los Nazis en la carrera por la dominación mundial. O sea los Sionistas y los Nazis son la misma escoria, pero en diferentes bandos.
G1l BRB054.M's avatar
G1l BRB054.M 1 year ago
Oseh shalom bim'romav hu yaaseh shalom aleinu v’al kol Yishra’el. V’imru, imru, Amen. Yaaseh shalom, yaaseh shalom, shalom aleinu v'al kol Yishra’el. Yaaseh shalom, yaaseh shalom, shalom aleinu v'al kol Yishra’el. Amen! 🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱
Tu solo eres una basura más, hipócrita, cínico y sin absolutamente nada de vergüenza. Y el Sionismo basura no representa a todos los judíos, sólo a la escoria. image
Yes, that’s true but I wonder how much damage it can do in the short term. Could $300 oil set off financial market troubles in the USA for example? 🤔
It’s probably similar to what effects natural disasters can have, except the whole world is affected. So all profits would be affected and stocks would immediately reflect that. But I don’t think it would cause a major recession unless the price stayed elevated for an extended period of time. Sure, gas and food prices shoot up, but people just adjust their consumption.
Tim's avatar
Tim 1 year ago
Israel will not deescalate. They never deescalate. Or fight their own wars, unless it's against unarmed starving children.
Tim's avatar
Tim 1 year ago
Time to ruthlessly mock any White man stupid enough to sign up to be Israel's bullet catcher. Let these lying murderous demons finally get what's coming to them.
Tim's avatar
Tim 1 year ago
Why does our military work for Israel? What has Israel ever done for us? Or for anybody?
Tim's avatar
Tim 1 year ago
Israel gives everyone plenty of reasons to go to war with them. They've attacked everyone, even the US, just in the brief time since Israel was founded. If the military industrial complex just wanted war anywhere, they could have attacked Israel after Israel attacked the USS Liberty, for example. But no, that's not the pattern. They protect Israel, because Israel controls the US government.
G1l BRB054.M's avatar
G1l BRB054.M 1 year ago
B’reshit (Gênesis),12 vs 2,3. AM YISRA’EL CHAI 🇮🇱🇮🇱🇮🇱 image
Maybe. Or maybe the us wants an island of whites in the sea of browns to continue to divide and conquer
The thing is if you create peace on earth, there would be less moving objects. Peace is not sustainable thing in this world. Hence the wars.