I don't think Elon Musk is losing convincing through his tweets. Rather he is helping to make the atmosphere of uncertainty no darker. We are witnessing that the support of the bitcoin price is at $38,000 and if the price goes down even further, many monetary and confidence losses will occur. So there is a lot that we have to take care of to make bitcoin always strong. I still remember the atmosphere of uncertainty at the beginning of the pandemic and in this case we can also come out on top.
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A support among $ 38000 has been maintained since the start of the war in Ukraine The bullish momentum is slowing down on the daily chart, we probably won't see more upside as the uncertain landscape we are experiencing changes. This is a new test for bitcoin and the community, not stopping us because something is being built in the crypto market every moment. OP's analysis is correct because before a bitcoin bullish move there are things to figure out.
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I could say that Bitcoin is being used to help a country suffering from the horrors of war. When every minute counts for how valuable it is to make a decision where saving lives and resisting is a priority. Bitcoin has provided its contribution by being a means of helping to raise funds, Ukrainian civilians need help to live in their country while the attacks cease. As the war progresses, better resistance strategies are observed, there are constant conversations with world leaders in order to reach peace.
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We need to eliminate poverty. Any business that is destined to production, construction would be ideal for today's world because they are the ones that supply basic needs. My thought is focused on people's desire to have a job while the economic sectors are active there will be a better quality of life. A business to be richer, perhaps we should get rid of this idea and think about more equitable wealth.
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Wars bring lack of control, by increasing the price of oil and its derivatives, the cost of living tends to increase, causing inflation little by little we will be noticing it. The war in Ukraine directly affects Europe, analysts warn that there could be an estimated inflation of 20% and a euro crisis. In the end, in wars, everyone loses, the best thing that could happen is that the aggression against Ukraine ceases and we have a new vision that peace should reign in all corners of the planet. But it is a lot to wait because selfishness never ends. In view of an impending economic crisis and inflation in my household, we are spending less so we can save for an uncertain future.
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A new bitcoin investor should know that bitcoin is freedom. You don't need banks, bitcoin breaks borders, learn how to store your bitcoin safely. Join bitcoin communities like bitcointalk, on Twitter too. Buy bitcoin with your local currency on the top ten global exchanges. Avoid scammers, ask that your payment be in bitcoin, if you have your own business and it is allowed in your country say: Bitcoin is accepted here. If I had the opportunity to tell a new investor who wants to invest in bitcoin, I would surely say that.
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I think there is no reason for concern that the price of bitcoin may fall due to the current crisis. The Ukrainian government has raised more than 10 million in cryptocurrencies and the price has not been affected as negatively as a delicate case that we are experiencing. Experts in this article show their most optimistic side:
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I recently saw a video on Twitter of a young Ukrainian woman who had communicated with her grandmother in Russia and she was telling her that Russian soldiers will not harm civilians and that the war was just to save Ukraine. The Russian government has its people fooled, Anonymous's actions are an attempt to back down Putin from continuing the war. More about Anonymous: Anonymous has declared war on Putin is accessing Russia's cloud databases deleting files and leaving messages like: "Putin stop this war or Hacked by Ukraine."
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Although after the creation of Bitcoin, other currencies have been created and despite this they have not negatively affected it. That means many see bitcoin trust as an important asset in the financial world.
If there was a chance that Bitcoin was the only cryptocurrency in the space, it would need a pair.
Before its creation there were movements with the desire to create something in cryptography, but Satoshi beat them to it.
All cryptocurrencies are open source one more reason for the birth of more projects in the Crypto space.
Bitcoin has shown under different circumstances that it can deal with inflation. We have seen testimonials from cash-strapped people around the world who have tried bitcoin and are freed.
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I don't see any problem with bitcoin as a means of payment. Transaction time and fees should not be an obstacle bitcoin has the lightning network, there are several dapps with the option to choose this network, fast, secure and low cost.
In particular I prefer bitcoin as a store of value, I have been able to save in bitcoin for emergency things.
While I use other coins for daily use and I prefer it that way because investing in bitcoin is like saving something very precious over time.
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According to the following article there will be an announcement shortly as CEO Jamie Iannone told TheStreet portal. NFTS are already being sold on EBAY but I think they need more publicity so that users show more interest in trading on the platform. I think EBAY needs to reinvest in a new design and build a cool NFTS Marketplace to appeal to that audience. Just like other crypto platforms do.
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Russia invades Ukraine because of its disagreement that it belong to NATO. Because it would reduce Russia's sovereignty and influence over the country. Due to ts geographical location, Ukraine represents a security zone geopolitically it is a loss for Russia.
I understand Putin that he sees Ukraine as a brother country and that they should not be separated. But the time came and Ukraine decided to be free and chose to belong to NATO.
A conflict like this tends to escalate with the destabilization of the Europe area. Since Russia knows that Western European countries have become more dependent on its exports, it can continue to attack.
As the panorama shows, it is necessary to produce more oil, more raw materials such as wheat and cereals, which are the other production of that area.
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The war in Ukraine will affect us all, Europe will be the hardest hit. It has already begun to be felt with the rise in oil prices, causing instability, there will be shortages and inflation will be just around the corner. The strict measure of service suspension of Master Card, Visa and American Express has been necessary and more sanctions will come as pressure measures to weaken Putin's power. We still don't know how this great attack on freedom will end. Putin will continue to advance despite all the losses that the conflict entails.
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It's nice to celebrate International Women's Day! Congratulations to all the women in bitcointalk! I think more women are joining the crypto space. As it is true, we do not know how much bitcoin women have but we know that they are also interested in being developers, trader, investors, advisor, nfts designers. Today, while taking a look at my Twitter account, I realized that women also have their best creative designers. It is clear that bitcoin allowed the path to freedom and society is demonstrating each use case.
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Undoubtedly very hard times are coming. High inflation is approaching on a world scale. The invasion of Ukraine made us take a step back when we were hoping a year ago for the crypto and bitcoin community to have a better year full of more adoptions.
Rich people may lose something in this time but people with less purchasing power will most likely lose a lot.
Sadly, in times of inflation the poor are poorer. Experts recommend paying off debts, not applying for loans.
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It is evident that the Russian sanctions are related to the occurrence of an increase in the price of oil and gas. There is fear of a possible embargo of Russian oil by the United States. There are those who are investing to take advantage of the rise in oil and are probably selling bitcoin to make these investments. The impact of the Ukraine-Russia war that will have serious consequences in one way or another we will be affected. Elon Musk in a tweet said:
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Hope for a new bitcoin ATH. History repeats itself, there are investors who are looking for more profits, they don't even care about decentralization, or technology, just the ambition for money. But despite everything, bitcoin is strong against any manipulation, while some let go of their bitcoins, others will keep them for a long time.
The market recovers as the conflicts that afflict us cease and confidence in bitcoin will reign because the FUD will have moved away.
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The request for help in Ukraine through donations in bitcoin and other cryptocurrencies in my opinion was the best. We know that the money can be received immediately in this way and thus relieve a nation that is fighting to safeguard life and liberty. Because every minute counts, the effects of war leave many scars, many Web3 application developers working remotely from Ukraine are leaving their computers to use a rifle to defend themselves against the enemy. Bitcoin was created to respond to the most vulnerable population.
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The approach that OP presents us is given by the relationship that the CEX must have in order to operate. Many don't like CEX because they have to provide their information through KYC/ALM.
I am not against the CEX, on the contrary, I feel safe using their platforms. In fact I learned how to use bitcoin and cryptocurrencies through it and it was the best experience of my life.
If people don't like CEX today there are alternatives like DEXs and a range of opportunities with DeFi.
Since the creation of bitcoin, many things have changed, our ecosystem has grown exponentially trying to follow the ideas of offering us the freedom for which we believe in bitcoin.
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