[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 95 KB, 574x695, 1482055203509.jpg [View same] [iqdb] [saucenao] [google]
16779975 No.16779975 [Reply] [Original]

I'm not sure I understand. What's the point of war with Iran and why is it pumping bitcoin?

>> No.16779989

somebody has to pay for the war. guess who and how

>> No.16779994

>>16779975
just understand that some of us are making thousands of this pump right now

>> No.16780001

usa needs to boost their electric car markets. also for oil ofc. and trumpf needs promotion war as the former presidents did aswell.

>> No.16780038

>>16779975
It's probably not pumping it at all

>> No.16780064

>>16779975
after the dollar was taken off the gold standard, a couple of years later we made a deal with saudi arabia, and eventually OPEC to only sell oil for dollars, essentially rebasing the USD on a new commodity, oil. Iran, Iraq(fixed), Venezuela(failed regime change), Libya(fixed), Russia(can't fix), and China(can't fix) are the only countries that refuse to play ball by selling oil only for USD. Do you see a pattern?

>> No.16780108

>>16779975
The point is that it serves Israeli and Saudi security and strategic interests respectively.
Iran backs Hezbollah in neighboring Lebanon.
Saudi Arabia sees itself as the torchbearers of Sunni Islam, particularly their batshit crazy hyper-conservative version where they literally destroy places of pilgrimage from the story of the Prophet because "muh don't worship graven images, Allah is not anthropomorphic"... of course that's all just ideological bullshit they use to justify their real beef which is that Iran produces around about as much oil as Saudi Arabia does, and that makes them direct economic competition.

>> No.16780112
File: 318 KB, 1080x2340, Screenshot_20200107-202202_Robinhood.jpg [View same] [iqdb] [saucenao] [google]
16780112

>>16780038
This. We were due for a little pump on our way to the bottom

>> No.16780253
File: 614 KB, 2242x1181, 1573925480920.png [View same] [iqdb] [saucenao] [google]
16780253

>>16779975
>understand
Nothing makes sense in crypto. Just hang on for the ride
>>16779994
Yes

>> No.16780338

Because the US FED is printing 1 trillion usd per week to prop up stocks and they are exitscamming.

>> No.16780392

>>16780338
enjoy dying alone schizo

>> No.16781309
File: 744 KB, 356x279, 1547616230035.gif [View same] [iqdb] [saucenao] [google]
16781309

>>16780338
I fucking wish.

>> No.16781421

>>16779975
>What's the point of war with Iran

Blood sacrifice for the devil. The US is obligated to go to war at least once every 10 years.

>why is it pumping bitcoin?

10% is hardly a pump.

>> No.16782210

>>16779975
It's just timing.

Some miners recently stopped selling 1900 coins a day for 3 months (first spend coins). I think that would have had more of an impact