Topic: A month of WAR - page 4. (Read 990 times)

We are not affected by the war but it will have an effect on the movement of the crypto market like what we went through last month.
Even though the crypto world is good it can't compete with fiat right?

that took place but does not stay long mate because after a week ? 40k has been broken and continuously holding that level till now.

so best of luck to those who expect best outcome when the war is still on prgress till now.

We are not affected of this war because the war is not in the center of crypto , instead this only keeps telling people how best crypto more than Fiat.

things become complicated when outsiders intervene not to solve the problem but to make things worse. NATO clearly has a specific purpose in this war, I agree with you that the Russian troops in Ukraine are not scary and can accept civilians, Russia is doing it for the purpose of not causing many casualties.
Hopefully this will provide understanding for all parties that sitting at the negotiating table is certainly a better thing.

If WAR makes the cabal to lose control of the monetary system, leading to hyperinflation, how would the hardest money in the world perform under such conditions?

So, NATO troops in Ukraine would be a stupid thing, and Russian troops in Ukraine are OK? By what logic?
Or they did it to provoke a NATO response, which would make the whole problem even worse.

Oh, don't worry, NATO is definitely not sending any troops to Ukraine. That being said, keep in mind that many countries stayed away from WW2 initially, allowing Hitler to take one country after another and hoping that at some point he'll just stop. It didn't work, as we all know, because imperialist-oriented dictators don't ever believe they've got enough. Putin's goal is not Ukraine, and Russia can easily take the risk and, say, launch airstrikes on Poland or Lithuania. Or Finland, if it moves forward with joining NATO. So the problem is not with NATO, it's with the indecisiveness of the world, somehow believing that it's better to appease the aggressor, even though it never works. But there's still a chance that Russia will be stopped with Ukrainian blood if the West gives enough support to Ukraine, and Ukraine is largely not even asking for more. We don't want others to go through what we're going, but we do need everything short of sending NATO troops ASAP.

it is very unfortunate that something like this happened and it will obviously have an impact on the situation in their country. with an invasion like this of course there is no profit, even loss for them. In fact, the two leaders were able to have a good dialogue and were able to resolve it peacefully because the civilians in Ukraine were directly affected.

but according to information circulating that Binance, the world's largest crypto exchange, Coinbase Global Inc, and US-based Kraken said they would remain in Russia, rejecting Ukraine's calls for a total ban of users in the country.
Of course, it allows Russia to continue to use crypto as a tool for every transaction carried out.

Yes, the Ukrainian government received bitcoin and ethereum cryptocurrency donations. These funds will be used to supply equipment for the Ukrainian troops (why not for the people who are experiencing difficulties) following the Russian invasion last week. The donations began to be collected when Russian troops captured two small towns in southeastern Ukraine, as well as the area around the nuclear power plant. Since the seizure, the official Twitter account of the Government of Ukraine has applied for crypto donations.

Do you think that all these events are responsible for the bitcoin price movements ? I don't think that bitcoin sole depends upon the fundamentals. These are only the news which the whales and institutions takes in combination of lots of other factors to derive the market in certain direction. The mission is always the same, whales/institutions and exchanges to make more money from the retailers.

After the publication of numerous facts of brutal murders of the civilian population by the Russian military in the village of Bucha near Kiev, the entire civilized world took a course towards refusing to purchase energy from Russia.

After the failure of Putin's oil and gas blackmail over payment in rubles, excess barrels of oil began to accumulate in storage facilities in Russia. By April 7, the capacities of the reservoirs were practically exhausted. If a solution is not found soon, Russian refineries will have to be shut down.

The head of Lukoil, Vagit Alekperov, has already warned Russian Deputy Prime Minister Alexander Novak that soon tens of thousands of people across the country will be left without work.

In the meantime, the Kremlin continues the war against Ukraine, the oil industry of the Russian Federation began to sharply reduce production (by 450,000 barrels per day in early April), as it cannot find buyers for raw materials.

According to Reuters, Russia counted on Chinese support, but Beijing refused to buy additional fuel in May, despite huge discounts offered by Moscow. Individual Chinese companies buy Russian coal and oil, but the payments are made in yuan.

Sergey Lavrov's visit to India, where he personally flew to sign a lucrative contract, did not justify itself either. Delhi agreed to only a meager 15 million barrels. This will not save Russia.

Crypto.com official sponsor of FIFA. Wow..
I see a very high percentage of people trooping into crypto during and after the Tournament.. Because the world would be watching and lots of doubts to be cleared.. I mean the world..

To a very small extent. Chain analysis hasn't shown any significant volume rise on Russian exchanges. Most of it is speculation coming from anti bitcoin lobby who wants to fight anonymous exchange and turn people against bitcoin showing it as a tool of the rich and corrupt who want to avoid sanctions.

You forgot about the most important two most important ones IMO, that made bitcoin recover from its downtrend:
EU voted against PoS ban
Do Kwon, founder of Luna, is now buying bitcoin to back his coin. He really bought bitcoin worth 1 billion USD and is planning to buy 3 times more.

A lot has happened, there is sorrow and joy, some are happy and some are injured, some have lost their parents, and there are also countries taking advantage of wars, as well as crypto currency, Ukraine and Russia have started to switch to crypto currency with various reasons, such as Russia switching to crypto currency to avoid various sanctions, when will this war end..??

You forgot about this one ==> https://www.bbc.com/news/business-60870100  - Russia considers accepting Bitcoin for oil and gas So if this happens and you consider that the EU relies on Russia for 40% of its gas.... you can just imagine what will happen with the Bitcoin price. 

Then you also have to look what is happening and what happened in the EU with regulations regarding Crypto currencies. See this article 2 days ago : https://www.coindesk.com/policy/2022/03/29/europes-landmark-crypto-regulation-is-advancing-but-new-privacy-rules-may-be-more-important/

As long as Putin is alive, Russian aggression against Ukraine will continue. Ukrainians have no other choice but to defend their independence with arms in hand. Therefore, the war will continue for a long time.
It should be emphasized that the main result of the first month of the war was the debunking by Ukraine of the myth of the invincibility of the Russian "second army of the world." The courage and professionalism of the Ukrainian army and the unity of its people in the fight against the Russian occupiers caused the well-deserved admiration of the peoples of the whole world.

During the first month of the war, Ukraine "ground" eight out of ten invading armies of Russia, which is 40 percent of its manpower and military equipment, the restoration of which Russia will need at least five years, and it will not have this period under the imposed sanctions.
Think about it, according to the official data of the Ministry of Defense of Ukraine, on the morning of March 31, the following were destroyed:
- about 17,500 Russian invaders
- 614 tanks,
- 1735 other armored vehicles,
- 135 combat aircraft,
- 131 helicopters,
- 311 artillery systems,
- 96 salvo fire systems,
- 54 air defense systems,
- 1201 automotive equipment,
- 83 drones,
- 7 warships and more.
Just yesterday, another 22 Russian tanks and 24 armored vehicles were destroyed.

As a result of the partial defeat of Russia's military power on the territory of Ukraine, many states declare their territorial claims to Russia. Poland is already openly declaring the illegality of the Russian-occupied Kaliningrad region, Japan about the illegality of the occupied four islands of the South Kuriles. And also Russia occupied part of Moldova, creating a fake Transnistrian Republic there. In 2008, Russia also took part of its territory from Georgia, creating Abkhazia and South Ossetia there. When Russia weakens even more, these countries will definitely return their territories. However, perhaps the greatest appetite for the territory of Russia has so far been its partner China. They are simply waiting for their time to quickly take possession of the territories of Southern Siberia, which previously belonged to China. However, China will certainly not stop there. Russia has opened Pandora's box, from which it will suffer.

Russia has already lost this war. The only question is whether it will retain its statehood after this war. In any case, it will no longer be a superpower, and the world's military and economic potential will be redistributed not in its favor. Of course, the new realities will significantly affect the cryptocurrency.

WW3 wouldn't have happened if nato hadn't intervened in the war, sanctions probably won't bother the Russians too much as it barely affects them. But if Nato sends troops into Ukraine to directly participate in the war, things will become more complicated. Hope NaTo won't do those stupid things.

Well, it is difficult to know because the conflict is still going on and every time Russia is given more sanctions, it is closer to continuing to escalate the problem and Russia is already seeing that NATO is eager to enter Ukraine with more help from Poland and the countries that are close to Russia, I think that if they are like this, Russia can attack at any time and by attacking a single NATO soldier if the war breaks out, I think that the fact that it has been like this for 1 month and that there is rapid negotiation what it does is to have latent danger, and in the end I don't know if that is what NATO is looking for in the end?

I agree, it is too early to say since everything is still possible.

We can, for example, look at the WW2 timeline:
September 1, 1939 - Germany invades Poland, inciting Poland's allies Britain and France to declare war on Germany.
September 17, 1939 - Working in concert with Hitler, Soviet Union invades Poland
September 27, 1939 - Warsaw surrenders to German troops
December 13, 1939 - British cruisers defeat a German pocket battleship, the first major naval engagement of World War II
April 8, 1940 - Germany invades Norway
May 10, 1940 - Germany invades Belgium
June 14, 1940 - Paris falls to German forces. France capitulates 11 days later
December 7, 1941 - Japan attacks Pearl Harbor, starting war with the US. Hitler declares war on America 4 days later.
source article

^Bitcoin surpassed ruble on market cap? That's pretty cool, but more like ruble's come down below Bitcoin's. Milestone nevertheless!


And this has an impact on Bitcoin how? Not the first time a browser will find an issue, not the first time it'll be blamed for some hack here or there, won't be the last time by any means. We need to stop seeing any kind of bad news with general digital security as something relevant to Bitcoin.

Not all the mentioned events are related to the war, so I guess separating those directly related (like some Russian banks being cut off from SWIFT and Russians using cryptos to overcome sanctions) and those completely unrelated (Coinbase paying a hacker and an old BTC address getting active) could be helpful. Then again, some fall in the middle (like Zelensky signing the law, since it was supposed to happen anyway, but also it's kind of related to the war, given all the crypto donations Ukraine's getting). I think a thing that could be added is that Bitcoin surpassed Russian ruble by market cap. I couldn't find 100% legit reports of this, though.

Well, I'm glad to see that you were so sure about this, because honestly I wasn't. Probably this is the closest we've been to a potential WW3 since the Cold War times: starting a war only a few hundreds miles away from Poland, Germany, Italy... With all due respect with the conflicts in the Middle East and in Africa, this time it could have really escalated. I just hope all this will end ASAP.