I think the current decline in the price of bitcoin and the crypto market as a whole is due in part to the spontaneous reaction to rising tensions between Ukraine and Russia. Due to the current war situation, some investors are afraid and choose to move their assets to other assets. Therefore, I think the current war situation will continue to affect the crypto market sentiment and bitcoin is still experiencing a decline in price.
Of course many people will be afraid of war, war is bad. They will instinctively save their assets first, such as crypto. Many people don't want to take risks at times like this, this definitely makes them want to play it safe
Topic: Crypto prices crash as threat of war looms - page 13. (Read 6801 times)
OP it seems you copied an article but didn't mention the original source so you are at the risk of getting banned.
Right now the prices are in green, people lost the trust on their money which actually pushes more people to hold bitcoins so their funds won't get freezed by banks or government at emergency situations.
Right now the prices are in green, people lost the trust on their money which actually pushes more people to hold bitcoins so their funds won't get freezed by banks or government at emergency situations.
I like how you put it though, "losing trust on their money", but yeah, you have some point. Specially that we are in a war, for sure all the prices are going to increase so the money that we have right now doesn't have any value in the future. But if people are wise, then they will have in on bitcoin to somewhat stop inflation. And besides, we've seen what had happened in Canada that the government can freeze anyone's account and money.
OP it seems you copied an article but didn't mention the original source so you are at the risk of getting banned.
Right now the prices are in green, people lost the trust on their money which actually pushes more people to hold bitcoins so their funds won't get freezed by banks or government at emergency situations.
Right now the prices are in green, people lost the trust on their money which actually pushes more people to hold bitcoins so their funds won't get freezed by banks or government at emergency situations.
I like how you put it though, "losing trust on their money", but yeah, you have some point. Specially that we are in a war, for sure all the prices are going to increase so the money that we have right now doesn't have any value in the future. But if people are wise, then they will have in on bitcoin to somewhat stop inflation. And besides, we've seen what had happened in Canada that the government can freeze anyone's account and money.
OP it seems you copied an article but didn't mention the original source so you are at the risk of getting banned.
Right now the prices are in green, people lost the trust on their money which actually pushes more people to hold bitcoins so their funds won't get freezed by banks or government at emergency situations.
Right now the prices are in green, people lost the trust on their money which actually pushes more people to hold bitcoins so their funds won't get freezed by banks or government at emergency situations.
Mumbai: Cryptocurrencies crashed as the threat of Russia invading Ukraine escalated amid border skirmishes, resulting in the crypto investor community offloading their risky digital assets to protect portfolios against further price drops.
On Friday, US President Joe Biden said that Russian President Vladimir Putin had decided to invade Ukraine, and that a military strike could happen in days. And yesterday Putin signed a document accepting Lugansk and Donetsk as a separate independent cities. It affected the rate of Russian rouble a lot.
So, it means that Bitcoin will continue falling or there are chances for its soon improvement?
The possibility of bitcoin going down is quite open to the effects of tension between the two countries, but going up is also possible, because if this is not really affected by the effects of tension, bitcoin will reach a new ATH, big investors and whales will take advantage of this condition to their advantage, it could be weakened first so that people sell, after that they collect in large quantities, when their target is reached, then bitcoin will be pumped hard until it reaches a new ATH On Friday, US President Joe Biden said that Russian President Vladimir Putin had decided to invade Ukraine, and that a military strike could happen in days. And yesterday Putin signed a document accepting Lugansk and Donetsk as a separate independent cities. It affected the rate of Russian rouble a lot.
So, it means that Bitcoin will continue falling or there are chances for its soon improvement?
hero member
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it will continue to fall mate, that is what bitcoin is doing now and the support is losing each day .
now that there are only few support remains as 34k is ending any moment now .
I guess you are wrong mate now that there are only few support remains as 34k is ending any moment now .
The price now is at $38k. It is a $4k increase from yesterday. But we are at the weekend that usually, the price will get a correction. Hopefully, if the correction comes, the price will not go back to $34k.
Well, at least, it is a decent profit, especially for those who already place a long order
The war has already begun. Today at 4-30 Putin announced an attack on Ukraine. Ukraine is attacked not only from the border of Russia, but also of Belarus. Lukashenka completely fell under Putin. Explosions are heard in many cities of Ukraine, airfields are burning. Five Russian planes and a helicopter have already been reported shot down. The armed forces of Ukraine are already well armed and motivated. This will be the beginning of the end of the Putin regime. He breaks his teeth about Ukraine.
Yes, the cryptocurrency has fallen in price a lot now.
The Russians attack Ukraine already. I don't know what will the US and other countries will be doing with this but.. I just hope for the Ukrainian people to be safe. Yes, the cryptocurrency has fallen in price a lot now.
Stocks are down, Dollar went up and so does gold. What the heck is happening? Anyway, recent news came out about triggering of Article 4. Here it is.
Quote
“The Parties will consult together whenever, in the opinion of any of them, the territorial integrity, political independence or security of any of the Parties is threatened,” Article 4 of The North Atlantic Treaty says.
Some of NATO's eastern countries have trigged Article 4I wish this will end in a peaceful way.
We all want to end this peacefully because we are still in pandemic and many people are still having problem with other important things to survive like food and job. And now, this war will add to the burden of their people. Is it the 'amour propre' that led Putin to resort to this decision? Why is Putin so sensitive with Ukraine's decision when it comes to participation in NATO? He has his own country to take care of, don't meddle in someone else's country's decisions.
Another reason that I think is that Putin doesn't want Ukraine to join NATO because he wants Ukraine to be under him. Well, nothing new when it comes to a dictator like him. Russia will benefit more from Ukraine that is why he wants Ukraine to be under him but Ukraine doesn't want it and want to be a democratic country.
The war has already begun. Today at 4-30 Putin announced an attack on Ukraine. Ukraine is attacked not only from the border of Russia, but also of Belarus. Lukashenka completely fell under Putin. Explosions are heard in many cities of Ukraine, airfields are burning. Five Russian planes and a helicopter have already been reported shot down. The armed forces of Ukraine are already well armed and motivated. This will be the beginning of the end of the Putin regime. He breaks his teeth about Ukraine.
Yes, the cryptocurrency has fallen in price a lot now.
The Russians attack Ukraine already. I don't know what will the US and other countries will be doing with this but.. I just hope for the Ukrainian people to be safe. Yes, the cryptocurrency has fallen in price a lot now.
Stocks are down, Dollar went up and so does gold. What the heck is happening? Anyway, recent news came out about triggering of Article 4. Here it is.
Quote
“The Parties will consult together whenever, in the opinion of any of them, the territorial integrity, political independence or security of any of the Parties is threatened,” Article 4 of The North Atlantic Treaty says.
Some of NATO's eastern countries have trigged Article 4I wish this will end in a peaceful way.
We all want to end this peacefully because we are still in pandemic and many people are still having problem with other important things to survive like food and job. And now, this war will add to the burden of their people. Is it the 'amour propre' that led Putin to resort to this decision? Why is Putin so sensitive with Ukraine's decision when it comes to participation in NATO? He has his own country to take care of, don't meddle in someone else's country's decisions.
Mumbai: Cryptocurrencies crashed as the threat of Russia invading Ukraine escalated amid border skirmishes, resulting in the crypto investor community offloading their risky digital assets to protect portfolios against further price drops.
On Friday, US President Joe Biden said that Russian President Vladimir Putin had decided to invade Ukraine, and that a military strike could happen in days. And yesterday Putin signed a document accepting Lugansk and Donetsk as a separate independent cities. It affected the rate of Russian rouble a lot.
So, it means that Bitcoin will continue falling or there are chances for its soon improvement?
It seems like Price drops not because of War but because of the FUD spreading about this coming war , even Biden seemingly part of the FUDding team to bring down the market not only of bitcoin but the world economy On Friday, US President Joe Biden said that Russian President Vladimir Putin had decided to invade Ukraine, and that a military strike could happen in days. And yesterday Putin signed a document accepting Lugansk and Donetsk as a separate independent cities. It affected the rate of Russian rouble a lot.
So, it means that Bitcoin will continue falling or there are chances for its soon improvement?
now that the price of OIL worldwide is increasing each week or even more.
So, it means that Bitcoin will continue falling or there are chances for its soon improvement?
Hopefully, the falling will not continue but seeing what happened to the market today makes me hard to accept that the situation will soon recover as it can attract more falls. But in the long-term, there will be a chance for the recovery phase to come to bitcoin and although we do not know how long the recovery process will come, we should not worry about that. We should accept any situations in the market and still try to keep our coins and not sell because of panic.now that there are only few support remains as 34k is ending any moment now .
The war has already begun. Today at 4-30 Putin announced an attack on Ukraine. Ukraine is attacked not only from the border of Russia, but also of Belarus. Lukashenka completely fell under Putin. Explosions are heard in many cities of Ukraine, airfields are burning. Five Russian planes and a helicopter have already been reported shot down. The armed forces of Ukraine are already well armed and motivated. This will be the beginning of the end of the Putin regime. He breaks his teeth about Ukraine.
Yes, the cryptocurrency has fallen in price a lot now.
The Russians attack Ukraine already. I don't know what will the US and other countries will be doing with this but.. I just hope for the Ukrainian people to be safe. Yes, the cryptocurrency has fallen in price a lot now.
Stocks are down, Dollar went up and so does gold. What the heck is happening? Anyway, recent news came out about triggering of Article 4. Here it is.
Quote
“The Parties will consult together whenever, in the opinion of any of them, the territorial integrity, political independence or security of any of the Parties is threatened,” Article 4 of The North Atlantic Treaty says.
Some of NATO's eastern countries have trigged Article 4I wish this will end in a peaceful way.
Mumbai: Cryptocurrencies crashed as the threat of Russia invading Ukraine escalated amid border skirmishes, resulting in the crypto investor community offloading their risky digital assets to protect portfolios against further price drops.
On Friday, US President Joe Biden said that Russian President Vladimir Putin had decided to invade Ukraine, and that a military strike could happen in days. And yesterday Putin signed a document accepting Lugansk and Donetsk as a separate independent cities. It affected the rate of Russian rouble a lot.
So, it means that Bitcoin will continue falling or there are chances for its soon improvement?
It seems like Price drops not because of War but because of the FUD spreading about this coming war , even Biden seemingly part of the FUDding team to bring down the market not only of bitcoin but the world economy On Friday, US President Joe Biden said that Russian President Vladimir Putin had decided to invade Ukraine, and that a military strike could happen in days. And yesterday Putin signed a document accepting Lugansk and Donetsk as a separate independent cities. It affected the rate of Russian rouble a lot.
So, it means that Bitcoin will continue falling or there are chances for its soon improvement?
now that the price of OIL worldwide is increasing each week or even more.
So, it means that Bitcoin will continue falling or there are chances for its soon improvement?
Hopefully, the falling will not continue but seeing what happened to the market today makes me hard to accept that the situation will soon recover as it can attract more falls. But in the long-term, there will be a chance for the recovery phase to come to bitcoin and although we do not know how long the recovery process will come, we should not worry about that. We should accept any situations in the market and still try to keep our coins and not sell because of panic.now that there are only few support remains as 34k is ending any moment now .
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
So, it means that Bitcoin will continue falling or there are chances for its soon improvement?
Hopefully, the falling will not continue but seeing what happened to the market today makes me hard to accept that the situation will soon recover as it can attract more falls. But in the long-term, there will be a chance for the recovery phase to come to bitcoin and although we do not know how long the recovery process will come, we should not worry about that. We should accept any situations in the market and still try to keep our coins and not sell because of panic. So I don't think the decrease in bitcoin price has anything to do with the current war situation. It has been triggered by something else!
The war triggered the investors negatively. The war has put negative sentiments to the investors, thus we are seeing not only crypto but all of the markets in downwards movement and it will continue I think until this Russia-Ukraine war or whatever you want to call it will be over.I agree with this. But there is actually no war happening. There were repeated instances of shelling in the borders but there were actually no armed encounters between the Russian and Ukrainian forces.
I disagree with what you said that there is no actually war that is happening. Maybe this can't be considered a war but they attacked Ukraine already. Just a few hours ago, a person living in Ukraine already told what the Russians are doing in their country. You can read it here.I live in Ukraine. According to the news, at 4:30 am today, Putin gave the order to attack Ukraine. The attack took place on the side of the Russian border, as well as on the side of the Belarusian border. Explosions are shown in different cities of Ukraine, as well as Kiev. They hit airports, ammunition depots and other critical infrastructure. The armed forces of Ukraine entered the battle. Let's see what happens next.
We have just heard that a Russian fighter jet has been shot down over Ukraine.
We have just heard that a Russian fighter jet has been shot down over Ukraine.
The war has already begun. Today at 4-30 Putin announced an attack on Ukraine. Ukraine is attacked not only from the border of Russia, but also of Belarus. Lukashenka completely fell under Putin. Explosions are heard in many cities of Ukraine, airfields are burning. Five Russian planes and a helicopter have already been reported shot down. The armed forces of Ukraine are already well armed and motivated. This will be the beginning of the end of the Putin regime. He breaks his teeth about Ukraine.
Yes, the cryptocurrency has fallen in price a lot now.
The Russians attack Ukraine already. I don't know what will the US and other countries will be doing with this but.. I just hope for the Ukrainian people to be safe. Yes, the cryptocurrency has fallen in price a lot now.
So, it means that Bitcoin will continue falling or there are chances for its soon improvement?
Russia and Ukraine are among the countries that use the most crypto, they have a number sequence in terms of crypto, if it is true that the war between the two countries can affect the development of crypto, especially the decline in prices.I also think that the chances of falling will continue to grow if the situation between Russia and Ukraine cannot be reconciled.
Yes the markets are very nuts right now. Crude just hit $100, Gold is rising. And stock indices are all heading lower including Bitcoin and other cryptos.
Keep in mind that we all knew this was a possibility, so why the massive panic all of a sudden. I predict a huge crash tomorrow and the days after a slow grind down before a bottom. I think we are all massively over sold and this is temporarily.
Keep in mind that we all knew this was a possibility, so why the massive panic all of a sudden. I predict a huge crash tomorrow and the days after a slow grind down before a bottom. I think we are all massively over sold and this is temporarily.
As per previous trends, the bitcoin price should increase in such cases whenever we will see a threat of unrrst or war. Because government controls the fiat and banks so it is very easy for them to freeze funds of the common people. We have already seen such instances during the Hongkong protest against China.
So I don't think the decrease in bitcoin price has anything to do with the current war situation. It has been triggered by something else!
So I don't think the decrease in bitcoin price has anything to do with the current war situation. It has been triggered by something else!
I agree with this. But there is actually no war happening. There were repeated instances of shelling in the borders but there were actually no armed encounters between the Russian and Ukrainian forces.
But should there be a war, I think the price of Bitcoin will be rising rather than falling. Wars will destroy banks and their operations will be severely affected. Where will the people keep their money? Bitcoin is one option.
And also if the sanctions against Russia will be unbearable and their fiat currency will fall, it might also resort to the use of Bitcoin in international transactions knowing that it has already approved its use.
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I am curious why the cryptocurrency market will get a negative effect on price because of these wars?
Because for me, it's the best time that people may start using cryptocurrencies because we all know that you do payments online/virtually with just cryptocurrencies and the decentralized of it as no one especially government can shut it down.
Another thing that's on my mind is when COVID 19 virus started, we saw a huge drop but after that, the price bounced back and created multiple all-time highs.
Because for me, it's the best time that people may start using cryptocurrencies because we all know that you do payments online/virtually with just cryptocurrencies and the decentralized of it as no one especially government can shut it down.
Another thing that's on my mind is when COVID 19 virus started, we saw a huge drop but after that, the price bounced back and created multiple all-time highs.
Any news that would impact negatively on the global economy will surely do damage on crypto too. Yes crypto is separated market but you can’t use crypto without exchanging it to fiat, you can transfer overseas but will the receiver can spend it without converting it to fiat? Transaction always come back to fiat if the user want to use it to purchase goods since only few companies accepts direct crypto currency as payment. The majority of company that accepts crypto as payment use payment solution to instantly convert crypto into fiat.
In regards to COVID-19, the crypto is heavily affected by the pandemic for many months until it recover. It start recovering when economic recovers first then institutional investors enter to start the trend. With that data, You can’t assume that Covid-19 is the reason why it reach all time high because Bitcoin was down when Covid-19 is severely affecting the global economy for many months before vaccine was introduced. Your point will be valid if Bitcoin price didn’t plummet amidst Covid-19.
I am curious why the cryptocurrency market will get a negative effect on price because of these wars?
Because for me, it's the best time that people may start using cryptocurrencies because we all know that you do payments online/virtually with just cryptocurrencies and the decentralized of it as no one especially government can shut it down.
Another thing that's on my mind is when COVID 19 virus started, we saw a huge drop but after that, the price bounced back and created multiple all-time highs.
Because for me, it's the best time that people may start using cryptocurrencies because we all know that you do payments online/virtually with just cryptocurrencies and the decentralized of it as no one especially government can shut it down.
Another thing that's on my mind is when COVID 19 virus started, we saw a huge drop but after that, the price bounced back and created multiple all-time highs.
Bitcoin is not part of their problem to be honest, and obviously the reason behind of this current situation of the market is because of some false information from such issue wherein many people keep posting nonsense about bitcoin from that war and etc.
Indeed bitcoin should make a good improvement after implementing as a legal. But unfortunately it seems it might not affect right now because of some false information that keep intimidating all crypto enthusiast to enter the market.
^ I am looking for this comment because this is what I believe too, I feel that bitcoin is too far to be affected. BTC is in another side of the world so no it cant be, BTC wont crash because of this but in fact they say that BTC can became more stronger and its value will increase because people are looking for places to safe guard their money during wars and BTC is one of those place. They believe that BTC is really a safe haven and if BTC ever declines, I think that is because of something else and not because of the fud that bought by this type of news. Only few people are going to believe of fuds and false alarms because they are old already and this market is old as well. Indeed bitcoin should make a good improvement after implementing as a legal. But unfortunately it seems it might not affect right now because of some false information that keep intimidating all crypto enthusiast to enter the market.
It should improve in value.
In case of war it could be the safest place for your assets to remain intact. Paper money will burn or you cannot bring them all, gold will melt and so does other commodities. You cannot invest in real estate because it will soon be a rubble.
While in Bitcoin you will just need to bring a flash or better just have a good memory and remember your seed phrase. Not that I like war but that's the worst case scenario.
But, I still don't like the idea connecting Bitcoin market with politics events. It should not.
Until now I'm still surprised, there are still many who associate crypto, especially bitcoin with geopolitics. bear market occurs because market demand decreases and this is common, tensions that occur between russia or ukraine will not create war because both countries must be afraid of the repercussions that will occur, so i agree that we should no longer associate crypto prices with politics. In case of war it could be the safest place for your assets to remain intact. Paper money will burn or you cannot bring them all, gold will melt and so does other commodities. You cannot invest in real estate because it will soon be a rubble.
While in Bitcoin you will just need to bring a flash or better just have a good memory and remember your seed phrase. Not that I like war but that's the worst case scenario.
But, I still don't like the idea connecting Bitcoin market with politics events. It should not.
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