Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: GEMIN_M4 on March 01, 2022, 03:17:18 PM



Title: Imagine if there is no crypto and this war is on going
Post by: GEMIN_M4 on March 01, 2022, 03:17:18 PM
ETH mining profit bounce back up today, it seems that Ukrainians and Russians are finally converting their money back to BTC I think as bad as war is this is good for crypto in general, now they will understand the importance of BTC in general.


Title: Re: Imagine if there is no crypto and this war is on going
Post by: Zotak337 on March 02, 2022, 09:07:46 AM
That's your own thought mine is different, I hope you aren't trying to get into the FOMO because this looks like bull trap, crypto is good for storing funds than using Fiat for real the chances that are Ukrainian would have converted their money into crypto is low, if your claim is true crypto should have pumped before the war started.


Title: Re: Imagine if there is no crypto and this war is on going
Post by: FP91G on March 02, 2022, 10:08:03 AM
In Russia, video cards, Apple phones and other equipment have risen in price from 20 to 50%. I would not call mining a profitable business. I hate this war and don't talk about its impact on cryptocurrencies. But I am very disappointed with the behavior of many banks that harm the citizens of other countries who are not involved in the war.


Title: Re: Imagine if there is no crypto and this war is on going
Post by: swogerino on March 02, 2022, 11:04:02 AM
In Russia, video cards, Apple phones and other equipment have risen in price from 20 to 50%. I would not call mining a profitable business. I hate this war and don't talk about its impact on cryptocurrencies. But I am very disappointed with the behavior of many banks that harm the citizens of other countries who are not involved in the war.

They are forced to do that,it is not their choice,it was dictated as a response after the move from Russian president Putin.Now also the citizens of a country who goes to a completely unjustified war will have to suffer the consequences in order to stand up and get back their freedom,they now cannot pay anything in dollars unless they have an account with the banks that are out yet of the SWIFT ban,for example they cannot buy goods from ebay,no jobs will be offered to them from many European companies from what I am seeing on Linkedin and if they don't stand up now for freedom (economic freedom I mean) then they will become as one Russian citizen was quoted saying unfortunately another N.Korea completely isolated.

This example should serve well to common Russian citizens to not elect ever again a lunatic person as a president anymore.