It depends on whether we believe it is going to be a real war or pure theater for show. If it were a real war, in which people are really afraid that the conflict will escalate and atomic bombs will be dropped, I think the panic would be such that everything, stock markets, crypto, gold, etc. would go down. But what would be of least concern would be the return on investments.
Being pure theater, which I think is most likely if in the end there is war conflict, I think it would be neutral or positive for Bitcoin.
Topic: The impact on BTC price in case of a potential Russia-Ukraine war - page 2. (Read 287 times)
February 11, 2022, 11:42:15 PM
February 11, 2022, 11:13:06 PM
Everyone hates war, I hate it too. But these days everyone is talking about it >:
It is good for Bitcoin in short term but I won't feel happy if a war occurs. Basically, Bitcoin has its long bull run and it does not need war to have bullish time. Its price will keep rising because of fiat inflation. Unstable economics, politics, wars are just some factors that can boost its price.But such factors are not sustainable ones for Bitcoin growth. The real sustainable factors for Bitcoin growth are its technology and adoption.
February 11, 2022, 10:59:09 PM
I am hoping that in case Vladimir Putin will make true with his overarching plan of reliving the glory of USSR with invading Ukraine this time, the whole mess can prod the value of Bitcoin to the top...but for that to happen we should see investors and traders shifting their attention from other investment vehicles to Bitcoin. The question is: Are they confident enough to make that shift in case there can be a war or would it be the opposite? In case it can be the opposite then Bitcoin can go down. And that can be sad because Bitcoin should be playing like a safe haven during times of difficulties in the global scene.
February 11, 2022, 10:40:04 PM
Everyone hates war, I hate it too. But these days everyone is talking about it 
If such war would happen which would be the impact on BTC price?
If such war would happen which would be the impact on BTC price?Depends on how long this war will take, if this is going to short then there shouldn't be able major impact to the price. But if the wars drags on for months and even years, then maybe "smart" people will put their money on bitcoin and hedge their wealth on it. Take note I emphasize smart because there could be individual who thinks that gold or precious metals is still the best investments today.
February 11, 2022, 10:32:44 PM
Any potential "WW3" scenario is going to tank BTC, people will diversify into hard assets.
A small scale invasion shouldn't have a large impact. Small scale meaning Russia and Ukraine involvement only, oppose to NATO countries and the West getting involved. The U.S. has made clear they will not be entering a war so we don't have to worry about the U.S. economy taking a hit. Russia can't afford a war either but their GDP isn't large enough to make a difference in the price anyways, so their economy is rather inconsequential (absent of full collapse, then clearly that has implications).
Follow the oil, though. When the oil reserves run dry because Russia cuts off supply, then you might worry.
You are saying the exact opposite. If a " potential ww3" scenario takes place, everyone that is smart would dump their "hard assets" and invest as much as they can in bitcoin and other crypto currencies. You know that when a country is at a war, the government can confiscaste your gold, properties and other assets without compensating you right? They won't be able to do that if you hold bitcoin or other decentralized crypto currency. A small scale invasion shouldn't have a large impact. Small scale meaning Russia and Ukraine involvement only, oppose to NATO countries and the West getting involved. The U.S. has made clear they will not be entering a war so we don't have to worry about the U.S. economy taking a hit. Russia can't afford a war either but their GDP isn't large enough to make a difference in the price anyways, so their economy is rather inconsequential (absent of full collapse, then clearly that has implications).
Follow the oil, though. When the oil reserves run dry because Russia cuts off supply, then you might worry.
February 11, 2022, 10:26:12 PM
I could see a potential bullishness if it's the case that Ukranian peeps buy bitcoin due to the economic uncertainty or if some actually plans on exiting the country; and with people all over the globe realizing the power of a decentralized currency/asset because of this macro event.
In the end, this is uncharted territory. Only time will tell how this will pan out. If I were to bet though, I'm probably going to be neutral — neither bullish nor bearish.
In the end, this is uncharted territory. Only time will tell how this will pan out. If I were to bet though, I'm probably going to be neutral — neither bullish nor bearish.
February 11, 2022, 10:17:38 PM
Any potential "WW3" scenario is going to tank BTC, people will diversify into hard assets.
A small scale invasion shouldn't have a large impact. Small scale meaning Russia and Ukraine involvement only, oppose to NATO countries and the West getting involved. The U.S. has made clear they will not be entering a war so we don't have to worry about the U.S. economy taking a hit. Russia can't afford a war either but their GDP isn't large enough to make a difference in the price anyways, so their economy is rather inconsequential (absent of full collapse, then clearly that has implications).
Follow the oil, though. When the oil reserves run dry because Russia cuts off supply, then you might worry.
A small scale invasion shouldn't have a large impact. Small scale meaning Russia and Ukraine involvement only, oppose to NATO countries and the West getting involved. The U.S. has made clear they will not be entering a war so we don't have to worry about the U.S. economy taking a hit. Russia can't afford a war either but their GDP isn't large enough to make a difference in the price anyways, so their economy is rather inconsequential (absent of full collapse, then clearly that has implications).
Follow the oil, though. When the oil reserves run dry because Russia cuts off supply, then you might worry.
February 11, 2022, 03:40:23 PM
I think if "just" ukraine gets invaded we might not see too much happening for the long term - immediately there will probably quite big drops in every market except food commodities.
There might be bigger price movements too if Ukraine being invaded has a large effect on tensions between other countries on the border like Estonia, Finland and Poland but those seem quite unlikely (for now).
There might be bigger price movements too if Ukraine being invaded has a large effect on tensions between other countries on the border like Estonia, Finland and Poland but those seem quite unlikely (for now).
February 11, 2022, 03:19:55 PM
Everyone hates war, I hate it too. But these days everyone is talking about it If such war would happen which would be the impact on BTC price?
If such war would happen which would be the impact on BTC price? Jump to: