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.
Topic: Crypto prices crash as threat of war looms - page 14. (Read 6740 times)
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!
Nah,the prices are dropping mostly because of the situation in eastern Ukraine.
For some reason,the crypto markets are following the stock markets in their ridiculous panic.
Putin declared,that he is accepting the independence of the two "people's republics" in eastern Ukraine and he will send troops there.The western world will impose sanctions over Russia.That was pretty much expected,but everyone is still acting as if this is some kind of surprise.
I actually thought that the conflict in Ukraine will boost Bitcoin/cryptocurrency prices but I was wrong.
There's already the sanction announced by PM Boris to Russia. But I don't think that the main effect and impact would go with the crypto market. As always, whenever the oil market is affected, most of the industries are going to be hit by a domino effect.
As of now, the market remains to be stable and doesn't have a huge move yet. And if it will have a huge action, hopefully, it won't be a crash that we don't want to happen. Well, at least for those not yet prepared to buy at low.
As of now, the market remains to be stable and doesn't have a huge move yet. And if it will have a huge action, hopefully, it won't be a crash that we don't want to happen. Well, at least for those not yet prepared to buy at low.
The dump recently isn't that big (so far) to consider it a crash really, might just be the usual movement of the market. I'm guessing we need to see a few more days to see how the Russian-Ukraine issue develops and how the market would react to it. I hardly doubt it'd be a negative reaction though, crypto is a safe haven for a reason.
Now, if crypto were indeed following the stock market and dumping due to the war issue, then I honestly expect a pump back up in the upcoming few months I think. It wouldn't be that odd for a huge crash to happen though if it were really connected, but the recent one? Not a crash really.
Now, if crypto were indeed following the stock market and dumping due to the war issue, then I honestly expect a pump back up in the upcoming few months I think. It wouldn't be that odd for a huge crash to happen though if it were really connected, but the recent one? Not a crash really.
If BTC was really relying on Russia not to cause trouble, we were always going to be in this scenario. I'd say most of the fear right now is pivotal on escalation or not, so far most of it is posturing. Putin wont benefit from an actual war, his administration might be helped by the distraction the whole process provides as an external enemy Putin requires this so his own people dont focus on himself.
Overall its not a crash but a failure of the previous trend up, now we must decide on the lower range to pricing or to recover the higher pricing. We are retracted to prior pricing already seen this year, better to judge price action by this then news and fears.
Overall its not a crash but a failure of the previous trend up, now we must decide on the lower range to pricing or to recover the higher pricing. We are retracted to prior pricing already seen this year, better to judge price action by this then news and fears.
TBH the crash wasn't that big, and Bitcoin has been in bearish market for quite a long period of time already, so it doesn't take too much negative news to push it down. Unfortunately, this demonstrates that Bitcoin is not fully "digital gold" yet - the actual gold rallied, while stocks have fallen. Investors don't like holding risky assets at uncertain times. Basically, we're still in the early days of adoption. Which means that more of the volatility is ahead.
Several reasons gets associated as a reason for the market crash. This isn't a big market crash, because it drops and recovers. China have come up with new regulations which caused the mining equipments to be dumped by the investors. This is also said as a reason for the drop. The war is related as a reason, and with this people started taking the profit to keep the portfolio strong against the market drop. Even though war isn't a reason it further acts as a prime factor in some way.
Can it be said that the impact of Russia vs.Ukraine that looks real, can affect the decline of crypto in 2022, I don't think so, I often hear news about wars associated with Bitcoin or crypto, for example the Middle East etc.
My common sense is more convinced of this news source: Why Is Bitcoin's Price Dropping?
The US rumors make more sense than the Russia vs. war. Ukraine, trigger a decline in crypto prices, especially Bitcoin.
The world political situation and the threat of war in my opinion can affect the price of bitcoin in the crypto market in addition to regulation in some western countries. You can also see the same in the stock market because I think bad news can trigger a downturn even if it's not so severe. I think it makes sense to be one of the reasons for the decline as it can influence the decisions of investors and traders even if it isn't too bad news to hear.My common sense is more convinced of this news source: Why Is Bitcoin's Price Dropping?
Quote
The price of Bitcoin (BTC) has generally been declining since November, although the cryptocurrency's sharp price decline this week was likely triggered by rumors on Friday, Jan. 21, related to the U.S. regulation of digital assets.
The US rumors make more sense than the Russia vs. war. Ukraine, trigger a decline in crypto prices, especially Bitcoin.
The thing I currently think is that the crypto market is still quite sensitive to bad news and FUD being deliberately disseminated. It's clear that the power of holders and investors can keep prices at a good level, but I don't think they can keep it going forever as long as there is more supply than demand.
Can it be said that the impact of Russia vs.Ukraine that looks real, can affect the decline of crypto in 2022, I don't think so, I often hear news about wars associated with Bitcoin or crypto, for example the Middle East etc.
My common sense is more convinced of this news source: Why Is Bitcoin's Price Dropping?
The US rumors make more sense than the Russia vs. war. Ukraine, trigger a decline in crypto prices, especially Bitcoin.
My common sense is more convinced of this news source: Why Is Bitcoin's Price Dropping?
Quote
The price of Bitcoin (BTC) has generally been declining since November, although the cryptocurrency's sharp price decline this week was likely triggered by rumors on Friday, Jan. 21, related to the U.S. regulation of digital assets.
The US rumors make more sense than the Russia vs. war. Ukraine, trigger a decline in crypto prices, especially Bitcoin.
I would like to know if a Ukrainian will reply in this very thread if the looming war was really at the verge already to broke or is it just media stirring things up like it was a heated one (sounds stupid to asked I know). (Back to the topic) I think people are missing something about this civil unrest and still selling their gems (Bitcoin) cheap.
They'll know it one day why Bitcoin is the actual answer if something like this is happening. WAGMI to be stronger like never before
They'll know it one day why Bitcoin is the actual answer if something like this is happening. WAGMI to be stronger like never before
Interesting debate, I would like to think along the same lines as @avikz but IMO
the current market movement downwards is as a result from growing
tensions between Ukraine and Russia
as per @tomahawk9 if the stock markets are reacting unfortunately Bitcoin markets
will follow. As peoples "investments" come under pressure they have to liquidate
assets and unfortunately this will in some cases not all affect Bitcoin.
the current market movement downwards is as a result from growing
tensions between Ukraine and Russia
as per @tomahawk9 if the stock markets are reacting unfortunately Bitcoin markets
will follow. As peoples "investments" come under pressure they have to liquidate
assets and unfortunately this will in some cases not all affect Bitcoin.
Not just the threat of war. Ongoing conflicts all over the world, some have happened right under Bitcoin rallies -- not even sure if the previous conflict in Ukraine affected Bitcoin, wasn't around then.
It's just the scale of, the actors involved, the implications on energy (oil woohoo) and just power plays across the board. Putin knew his speech would probably be the most-watched in recent years and made sure to say a lot. Ruble and Sberbank are toppling, so we know investors there are afraid as well.
It's just the scale of, the actors involved, the implications on energy (oil woohoo) and just power plays across the board. Putin knew his speech would probably be the most-watched in recent years and made sure to say a lot. Ruble and Sberbank are toppling, so we know investors there are afraid as well.
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!
Bitcoin has been mirroring the stocks market for quite some time now. If there's unrest in the stocks market, the bitcoin price will take a hit... Remember what happened when the last U.S. Consumer price Index report came out a few weeks? Btc price was about to test the 45k resistance wall but it dropped right after the CPI numbers went live. There's nothing else going on in the cryptosphere that can trigger almost a 10k drop. Seriosuly, the boogeyman and whales controlling the prices, secret pump-and-dump-groups, altcoiners and bears joining to manipulate the market, "something else", that stuff just doesn't hold any water anymore,, the data is there, the price action is crystal clear, bitcoin and the crypto market are big financial market that can be influenced by outside noise and events (a financial report, an international crisis, a pandemic, etc) just like any other traditional market like stocks.
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.
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 will say look at the long term prospect of the whole crypto market and not just the looming threat of war or the Biden administration crypto regulation.
I do hope that the covid-19 scare on March 2020 was still fresh in your mind. The market crashes into it's worst, going down as low as $3k. But soon we have bounce back, so this is what I'm seeing right now. Will be the same scenario, I mean the price will go down hard short term, but in the long term, we will bounce back.
I do hope that the covid-19 scare on March 2020 was still fresh in your mind. The market crashes into it's worst, going down as low as $3k. But soon we have bounce back, so this is what I'm seeing right now. Will be the same scenario, I mean the price will go down hard short term, but in the long term, we will bounce back.
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!
Nah,the prices are dropping mostly because of the situation in eastern Ukraine.
For some reason,the crypto markets are following the stock markets in their ridiculous panic.
Putin declared,that he is accepting the independence of the two "people's republics" in eastern Ukraine and he will send troops there.The western world will impose sanctions over Russia.That was pretty much expected,but everyone is still acting as if this is some kind of surprise.
I actually thought that the conflict in Ukraine will boost Bitcoin/cryptocurrency prices but I was wrong.
Highly agree on this because Bitcoin price drop not once but multiple times by the time period when Russia is showing an aggressive move towards Russia that might implicate war. Global market and Bitcoin is highly dependent on traders speculation. Traders speculate that there will be a global crisis once the war starts that's why the market is moving in advance since traders is selling there asset before that scenario occur then just buy back once everything is clear again. War has no direct impact to the price of Bitcoin but whales and traders is playing smart and using this negative news in to FUD.
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!
Nah,the prices are dropping mostly because of the situation in eastern Ukraine.
For some reason,the crypto markets are following the stock markets in their ridiculous panic.
Putin declared,that he is accepting the independence of the two "people's republics" in eastern Ukraine and he will send troops there.The western world will impose sanctions over Russia.That was pretty much expected,but everyone is still acting as if this is some kind of surprise.
I actually thought that the conflict in Ukraine will boost Bitcoin/cryptocurrency prices but I was wrong.
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!
But unfortunately many got feared about possible ecomic crisis and many manipulators use this happenings to create fud which many believe at this point that's why we see the price keep dumping. Hopefully we cannot see a huge one since it will interfere the ongoing recovery which brought by the past bear market season.
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!
Agreed, but right now there is no big thing happening around. Ukraine being one among the country that consider cryptocurrency usage legal getting into war seems to make some disturbance in the market.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!
Ukraine is bitcoin legal holds few large cryptocurrency mining farms and number of small crypto mining farms, as it has the lowest charge on electricity consumption and the climate that doesn't require additional cooling process. Now with the war urge mining might've got stopped, which has turned to be the reason for cryptocurrency market crash.
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!
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