Topic: Crypto prices crash as threat of war looms (Read 6800 times)

Sure, it's nice to see a good BTC movement at least. But altcoins don't follow it what makes me think it will dump again. And it will happen really soon. What should happen to make it grow further?

In fact, war is a less likely threat than the collapse of dozens of banks. There are far fewer weak hands in bitcoin than there were last time we went up 30K. That time we didn't last there, and now we've been above 30K for a day now. This is a very good sign.

I have one news in order to stay away from war for at least one post. Utopia P2P just launched a huge airdrop for all its users. All you need to do is to be online in their messenger and there are 11,111 daily winners! Here's the info: https://twitter.com/UtopiaP2P/status/1669624485387939843

Yes. I understand this condition. Especially when squeezed and For many people, their crypto savings have been the only funds they can access, making it critical for them to liquidate when needed especially in the case of sanctioned countries, withdrawing funds from credit cards can pose a significant challenge due to banking restrictions.


Yes. BTC proves it, Bitcoin's current high of 29k is heartening, especially given the lack of resistance so far. However, it is important to recognize the dynamic nature of the cryptocurrency market and the potential for market conditions to change rapidly. I think it's necessary to monitor and stay open to potential changes in trajectory.

Regarding sanctioned banks, it is important here to consider and keep in mind the complex geopolitical and financial system factors that may affect their ability to solve problems quickly. While there may be hopes for a speedy completion, the reality is that this process can often be prolonged due to various external factors.

It seems that it only happened temporarily because today I have seen a fairly stable market again with a fairly good increase in the market, especially the Bitcoin price which has returned to $29K again today. And I think this is evidence that most people already have other solutions to withdraw their money so they don't have to rely solely on the bank. In addition, the bank that is subject to sanctions will also not remain silent if they still want to run their bank for a long time so that they will quickly solve their problems wisely.

There has always been a war between Republicans and Democrats. Besides, America is a country of ambitious people. It is a place where everyone can change the world and Gary also wants to go down in history as the head of the SEC who cleared the world of unscrupulous crypto projects. But the problem is that he got too carried away and wants more importance for himself. He acts too aggressively and doesn't realize that his actions will only force the entire cryptocurrency sector to abandon America and American citizens.

People will sell in any case. These days for many people their crypto saving are the only money they can use. Or speaking about the sanctioned counties, they may have problems withdrawing funds from their credit card, which banks are sanctioned. That's why the situation on the market is so unstable.

Today there is some big news of a traitor faction attacking their own country and they shouldn't do this in the middle of an existing war but its highly plausible considering how divided Russia must be in wanting to spread more death to both the enemy and their own people and its very plausible that at least the should be pain .

Soon the U.S. cryptocurrency rules will be adopted, and then the growth will begin. It is already obvious that the SEC is behaving absurdly and they simply do not have enough resources to sue all crypto projects. As a result, we will see cryptocurrencies rise on the news that the SEC is backing down and cryptocurrencies will not be regulated by the SEC.

If you've bought at $28k holding on is the way to go. Instead of selling at a low price.
But if you still have spare funds, you can buy at the current low price, it will give you more assets, hold until the price reaches above $30k and you are enough to make a profit.

The market suddenly crashes like today because of some bad news that happened and it is very influential.
At this time just hold on and wait for the good news to appear then the price will automatically rise.
Note that May and June are down months, and hopefully July or the end of June will see an increase in prices.

Of course, crypto crashes can occur from many factors, and in my opinion the most influential thing at the moment is the very difficult economic conditions, as we know that many countries are experiencing an economic recession so many people need cash and abandon high-risk investments.

Sadly when looking at the current market conditions, the price of dropping again and farther with $ 30k, early June when the price reaches $ 28k I am optimistic that the price will touch $ 30k before the 10th and now must be further away, of course it is a difficult but hold choice is the best solution rather than selling and loss.

I think crypto crashes are commonplace, as investors of course we understand that buying cheap is when it crashes, I'm sure it won't be long before the market will rise again so all the waiting we have done for almost 3 years will pay off.

The fear of a U.S. default is much more effective now and according to polls more than 30% of people really believe that the U.S. could default technically. So at any moment in time you can find a reason to intimidate the market.

Wait, you've just numbered the advantages and disadvantages of war? Do you really thing that "You get to play your part in history" is an advantage? And what economic growth do you speak about? Who wins in the war? Both sides face big economical losses. Very strange list...

The drone attack on Kremlin was pathetic as I understand it, I suppose it could be used as an excuse for wars and actions to advance war, violence and death in general but no one actually believes NATO had anything to do with something so tiny.   There is no question both sides are able to cause a great amount of harm, the reason to do so is lacking and quite obviously war would be pointless is altering anything to an advantage, that news was about propaganda and advancing the narrative for a public to believe; it was nonsense as any strategic military move.

Today there is some larger news from a renegade division attacking their own birth country.  They should not be doing this in middle of a preexisting war but its far more believable considering how divided Russia must be in its desire to further propagate death both of enemies and their own people in that process, people who have lost relatives for no actual wider purpose must be sore to say the least.

So far as BTC is concerned I dont see the ongoing mess of war is something that should weigh on pricing especially, its noise unpleasant but quite consistently bad rather then a shock especially.   We wont alter much from that direction imo, there is a trend and that should be observed over months and the next year.

Fear is a bad thing for every person because it can lead to some unexpected choices he will make in the situation.  Rather than that happening, of course there is a wise hope that he can prevent it by staying away from all forms of news that make us fearful of the future because of threats of war or other things.

So, seeing a situation like this, of course some of them took the initiative to secure their assets in the in of gold and this would have a bad impact on other business sectors such as companies due to the sale of large shares by some of them.

There's nothing wrong with the explanation that has been explained by every user in this thread, but for those of us who are in a safe country, of course this won't affect us to feel afraid even though it didn't really happen because it's really bullshit thrown up by some people to take advantage of the opportunity.

You're not wrong, but are people wrong for been fearful? I get that the news make it look way worse, but c'mon, look around you. There's chaos in every part of the world. The whole world is in shambles. Countries are at each other's throats. Big corporations are milking every situation as much as they can. A lot of people don't care about the planet. Whether it dies or it flourishes, it's none of their business.
I believe there were people in 1912 who would feel and believe the world couldn't go into a war. Things are even more tensed now more than they were in 1912.
We're hanging by a thin thread.

During Covid, we were all scared because we were faced with a problem we could not understand. A problem we do not know the roots. It's just conspiracy theories upon conspiracy theories.
So yea, some people feed off this fear. They try to exploit the fear but that doesn't mean the fears are not real.
The fears are real and they're valid.

Yes, indeed we know the history and can see everything that happened after these wars. But there has never been a nuclear war in history and so we cannot know what will happen after a nuclear war.

Advantages
 Economic growth
 Technological advancement
 You get to play your part in history
 The aftermath of winning

Disadvantages
 The obvious casualties
 Hatred and propaganda
 Environmental damage
 What if the “bad guy” wins? –
 Liberty takes a back seat to patriotism
 It’s just pointless now


Source Link

We've been seeing in history on how many wars had passed and even up to this moment. Arent these things turns out to be a typical thing and turns out to be a business?
Those things above might not be accurate or there are some keys which arent that reasonable but well the link i did give above is really something that would
be worth on reading.