Bitcoin price goes down as Russia begins Ukraine invasion

[skarais]

You haven't been in a war or seen war up close. When the bullets fly you won't be thinking about liquidating assets. The only thing you would be thinking of is survival. Haven't you seen the long lines of cars in highways running west in Ukraine? In fact if anything people should have bought a lot more bitcoin so that they have a way to safely take their net worth with them out of the conflict zone. Their own fiat doesn't look like a good option as it dumped 8% over the past couple of days.

Mate, I am one of the few people here who was born when my country was going through a civil war. I've heard enough of the sound of bombs, gunfire, the death of soldiers on both sides as well as the plight of innocent people and the roar of government warplanes constantly monitoring the ceiling of my house. So I should know enough about how we survived in a conflict area for more than a decade due to civil war. If I had to tell the truth then I was someone who was almost run over by a government tank when a convoy of tanks started pounding enemy hideouts one afternoon but it was an experience that I will truly never forget for the rest of my life.

I certainly agree when someone feels confident to buy a certain amount of bitcoin to secure his or her wealth during a conflict and get out of the conflict zone safely instead of owning fiat. That's a great option for them although I know there are other assets that are also great to have. We can't really think 100% about property and wealth in a conflict zone because safety of life is the most important thing to think about.

Apart from that Ukraine didn't have that big a volume to cause any disturbance in bitcoin market even if they all cashed out. Not to mention that price is back to almost $40k again despite the Capital, Kyiv being under attack today.
As I said in first page, this drop and the current market situation has not been anything more than market manipulation.

We know that market manipulation is unavoidable because they want to take advantage of the situation to their profit. But when FUD has spread to other countries then panic is also inevitable because people too easily believe that bitcoin was affected by the war between Russia and Ukraine.

[swogerino]

Putin is a war criminal and has turned Russia in his puppet,he bombard the population with a lot of bullshit from their national TV and website RIA,RBC and 70% of Russians have no clue that they are fighting a wrong war they think they are fighting against Neo Nazis war criminals as Putin described this "special military operation".I agree any passing day with resistance is a win for Ukraine and a lost battle for Putin,eventually this will lead to him losing points in Russia and things will turn against him,isn't this the way all dictators are ousted?

Yeah most of the time is because of their own people in their own country.I know I have gone to far but I stand with the West and their value of Democracy over Autocratic regimes like the Russian one.

[bitterguy28]

This Russia inversion is certainly going to trigger lots of things to either go up or down. Already in terms of oil prices these have started to go up all because of these guys and seeing the sactions being applied on Russia which includes swift and all prices of bitcoin could go down but am hoping it does not lead to this.

This will only become a weapon of FUD and people that wanted to manipulate this market, but if we will take a look deeper about the situation? this is not totally affecting the crypto market but because there are many FUD on going then that is the reason why the market is responding like this.
but all in all? this will become nothing in effect of this market .

[Marvelman]

Nato will not get involved inside the Ukraine because ukraine is not a member of nato

many people think that NATO is some humanitarian group helping out any country in need. but they are not. they are a member service, helping out only those that are members. (just like a gym membership)

This is not always the case. For example, in 1999, NATO bombed Serbia during the Serbian aggression on Kosovo in the former Yugoslavia. The NATO offensive came as a result of a wave of ethnic cleansing committed by Serb forces against the Albanian majority in Kosovo.

[1CentAlsoWorthForMe]

We can't always avoid such economic consequences, which leads to holders selling their assets, particularly those in Russia and Ukraine. I have no idea how long this war has lasted, and I'm scared that the longer it goes on, the more dumps there will be. But I'll keep myself prepared for whatever comes next, and I'll hang on to it until it's needed. Russia is, without a doubt, the largest country in the globe, not just in Europe. However, BTC, as well as ETH and other cryptocurrencies, has just risen past $38,000. It's terrible that this situation has escalated.

  It's good that bitcoin has managed to increase despite of the world crisis that we are facing now, and this war between Russia and Ukraine could have made it worst. But i'm not losing hope as everything will come to an end in due time. The low crypto market will eventually regain its value after those investors who chose to sell their coins due to the effect of the current war, will buy back again in time. In fact, not only crypto that is affected right now, the value of US dollar tends to create price fluctuations too from its steady move, as well as those stocks market.

As seems now Ukraine started to accept donation via Crypto currencies and lots of people are donating them. So far Millions of donations were collected. Seems like this will cause to increase the popularity of crypto. meanwhile Swift system has banned the russia. therefore it seems like Russian billionaires search for alternative ways to do their transactions as usual. So we might be seeing BTC and other alts price increment in upcoming days.

[Cling18]

The most logical explanation for this is that a large percentage of Bitcoin investments are now in the hands of the institutional investors. They are the ones that normally panic when there are political instability. 

The early investors and long time hoarders was not bothered with these types of things in the past, but the new institutional investors will quickly sell their high risk investments to dump it into so-called Safe havens. (Things like Gold and Silver)

I do not think it is market manipulation, but rather trigger happy institutional investors that are panic selling. 

I certainly agree with this. Most new investors do panic selling whenever there are situational crisis that could influence the price of Bitcoin. Old investors are aware that it usually happens but Bitcoin still recovers in time. Instead of fearing, experienced investors are actually taking it as an opportunity to buy and accumulate more. I believe that the price of Bitcoin would get better again since Ukraine is willing to have a peace talk with Russia anytime soon.

[Sayeds56]

The most logical explanation for this is that a large percentage of Bitcoin investments are now in the hands of the institutional investors. They are the ones that normally panic when there are political instability. 

The early investors and long time hoarders was not bothered with these types of things in the past, but the new institutional investors will quickly sell their high risk investments to dump it into so-called Safe havens. (Things like Gold and Silver)

I do not think it is market manipulation, but rather trigger happy institutional investors that are panic selling. 

I certainly agree with this. Most new investors do panic selling whenever there are situational crisis that could influence the price of Bitcoin. Old investors are aware that it usually happens but Bitcoin still recovers in time. Instead of fearing, experienced investors are actually taking it as an opportunity to buy and accumulate more. I believe that the price of Bitcoin would get better again since Ukraine is willing to have a peace talk with Russia anytime soon.

True, New crypto Investors/traders don't understand the dynamics of crypto market and lose their patience when they see market declining sharply. This is extremely volatile unlike Stock and Forex/commodity  markets. We you learn to work under such volatile condition then in fact you take build your portfolio in Bear market and book good profit by selling it in Bull run.

[doomloop]

Most new investors do panic selling whenever there are situational crisis that could influence the price of Bitcoin. Old investors are aware that it usually happens but Bitcoin still recovers in time. Instead of fearing, experienced investors are actually taking it as an opportunity to buy and accumulate more. I believe that the price of Bitcoin would get better again since Ukraine is willing to have a peace talk with Russia anytime soon.

We should not blame the panic sellers because they are not the ones that started the decline but it was the institutional investors because they are more powerful, they only influenced the panic seller to do the same.

I just hope that panic sellers figure this out soon or we can also educate them so that they can correct their mistakes but is it true that Ukraine is planning to have a peace talk? Isn't that a little bit late because their country is already been destroyed too much but I don't think Vladimir will accept it because he is hungry for wars, he wants more action. Bitcoin will soon go to that point where it will recover, just have patience.

[Twinkledoe]

Most new investors do panic selling whenever there are situational crisis that could influence the price of Bitcoin. Old investors are aware that it usually happens but Bitcoin still recovers in time. Instead of fearing, experienced investors are actually taking it as an opportunity to buy and accumulate more. I believe that the price of Bitcoin would get better again since Ukraine is willing to have a peace talk with Russia anytime soon.

We should not blame the panic sellers because they are not the ones that started the decline but it was the institutional investors because they are more powerful, they only influenced the panic seller to do the same.

I just hope that panic sellers figure this out soon or we can also educate them so that they can correct their mistakes but is it true that Ukraine is planning to have a peace talk? Isn't that a little bit late because their country is already been destroyed too much but I don't think Vladimir will accept it because he is hungry for wars, he wants more action. Bitcoin will soon go to that point where it will recover, just have patience.

If you are a small holder, and you have immediate need for your satoshis, that's when you will feel the panic selling mode. But looking as to how things are progressing during this Russia-Ukraine war, it seems that the adoption of crypto is growing because people are finding ways how to move their money without so much restrictions. Also, the donations are pouring in to Ukraine via crypto. People are seeing that during this crisis, crypto is one very good option to transfer funds anonymously and in faster way. With this, in my opinion, sooner or later, we will see btc's price rising again.

[Polkeins]

Putin is a war criminal and has turned Russia in his puppet,he bombard the population with a lot of bullshit from their national TV and website RIA,RBC and 70% of Russians have no clue that they are fighting a wrong war they think they are fighting against Neo Nazis war criminals as Putin described this "special military operation".I agree any passing day with resistance is a win for Ukraine and a lost battle for Putin,eventually this will lead to him losing points in Russia and things will turn against him,isn't this the way all dictators are ousted?

Yeah most of the time is because of their own people in their own country.I know I have gone to far but I stand with the West and their value of Democracy over Autocratic regimes like the Russian one.

Unfortunately, there was many years, when elections was stolen by theoligarchs and authorities. When communists and the opposition really won election so many times and  when people who went to peaceful protests against the results of the elections that were stolen, the authorities were answered by the batons and detentions.
And why did everyone silent when it was happened? Where were the sanctions then?
Really Europe does not know about oligarchs, about those who helped to ruin the country for so many years? Nobody knows about their superyachts and bank accounts with stolen billion dollars? 
Now when there were tanks in europe all around suddenly opened their eyes and again impose sanctions for the ordinary people who have nowhere to go and which have become poorer 2 times, after the currency collapse. No one oligarh was damaged.

And the oligarchs will continue to safely remove the currency to the West, nobody touches their yachts. Offshores work without stopping.
By the way, Bitcoin on it apparently and grows. It was not easy so recently tied equipment for mining from China with huge parties.
Rich will be richer again, nothing new

[usekevin]

Bitcoin price depends on the world economic all the time.So this is not a new one for the old traders,it was new to new traders.The new traders should read all the past chats to know about the variation.After the huge pump after 20k$,bitcoin had raised huge and reached 50k$.Now the Ukraine issue was the cause of the fall in the price,use the situation to buy huge coin at good price.When pump occurs,you get good profit.

[LUCKMCFLY]

The war between Russia and Ukraine is considered an incredible fundamental for many investors to panic, some when they panic what they do is sell no matter what, because they think that their money will be compromised and that the value of BTC will go down a lot, and this is a normal scenario because in speculative markets investors withdraw their money to protect themselves, at this time the ideal is to be able to buy as the price continues to fall. And this will lead to many smart investors buying and possibly amassing their wealth little by little.

[D ltr]

The panic is clearly illustrated here from investors, because they think bitcoin will be finished and the brand doesn't want to lose money for free, but in fact bitcoin will still exist and will always be there only the price will be more unstable during this war between Russia and Ukraine

[Rabi3]

The war between Russia and Ukraine is considered an incredible fundamental for many investors to panic, some when they panic what they do is sell no matter what, because they think that their money will be compromised and that the value of BTC will go down a lot, and this is a normal scenario because in speculative markets investors withdraw their money to protect themselves, at this time the ideal is to be able to buy as the price continues to fall. And this will lead to many smart investors buying and possibly amassing their wealth little by little.

things so far are just getting worse between Russia and Ukraine as time goes by, I don't think now is the right time to start buying, maybe when you see things are starting to de-escalate, right now it's not looking good, and if one bad big thing happens it could affect the price significantly, so I really think currently that following what is going on with Russia and the NATO is the key to predict the price of the crypto market.

[kawetsriyanto]

Bitcoin price depends on the world economic all the time.

Don't you forget 2021 was the time for Bitcoin bullish and even reached 2 times new ATHs? All of us know that in 2021, the world economy was in a crisis since the massive spread of Covid-19. But Bitcoin price increased significantly, it's completely the opposite of the state of the world economy, wasn't it? That simply shows us if Bitcoin price doesn't fully depend on the world economic status. In my understanding, the price mostly depends on the current issues related to Bitcoin or crypto as a whole. And also, depends on the schedule of the BTC halving. CMIIW

[blockman]

The panic is clearly illustrated here from investors, because they think bitcoin will be finished and the brand doesn't want to lose money for free, but in fact bitcoin will still exist and will always be there only the price will be more unstable during this war between Russia and Ukraine

It's always the thought of many but the majority for the newbies. They'll think that because of a factor that's affecting it economically, it will be going to zero and will completely gone. How many times it had been thought of as being like that? Too many times, tremendous times. But no matter what happens, bitcoin will be standing even if there's a conflict between Russia and Ukraine and even until it stops, bitcoin will be staying good just as is.

[KennyR]

Due to the war between Ukraine and Russia there is unexpected moves in the market. Initially it dropped and suddenly it bounced as more people started to consider it the save haven against the inflated fiat. Further the acceptance of donation in terms of bitcoin, ethereum and USDT from Ukraine gave it more visibility. At the beginning days more volume were recorded with the bitcoin against the ruble. Later the market have been moving downwards gradually as the war heat increases. For some time period this will be the scenario of bitcoin price.

[btc78]

About an hour ago, the president of Ukraine, Volodymyr Zelensky, confirmed that Putin was going to invade Ukraine. As soon as this hit the news portal the Bitcoin price went down 8%

Source


thoughts?

Don't worry because the effect is just smaller than the reality , yeah when the invasion started there is something that we must be afraid off but now that the war continues to happen? yes there is a strong hold in market that we can find it real now.
what we can be expected that the prices will starts moving up and down but the main thing is how can we manage not to be affected?
keep your funds on hold and stay focus in your daily venture .
then never become panicking because this will also brings you bad reaction and action as well.

[Ozero]

Most new investors do panic selling whenever there are situational crisis that could influence the price of Bitcoin. Old investors are aware that it usually happens but Bitcoin still recovers in time. Instead of fearing, experienced investors are actually taking it as an opportunity to buy and accumulate more. I believe that the price of Bitcoin would get better again since Ukraine is willing to have a peace talk with Russia anytime soon.

We should not blame the panic sellers because they are not the ones that started the decline but it was the institutional investors because they are more powerful, they only influenced the panic seller to do the same.

I just hope that panic sellers figure this out soon or we can also educate them so that they can correct their mistakes but is it true that Ukraine is planning to have a peace talk? Isn't that a little bit late because their country is already been destroyed too much but I don't think Vladimir will accept it because he is hungry for wars, he wants more action. Bitcoin will soon go to that point where it will recover, just have patience.

The 47th day of Ukraine's heroic resistance to the invasion of ten armies of Russian invaders is underway. Putin hoped to capture Ukraine in 3-5 days. The United States predicted the fall of Ukraine in seven days, some political leaders in Europe believed that Kyiv would fall within 48 hours. But Ukraine not only survived, it inflicted such devastating damage on the "second army of the world" that Russia has not endured in any war since the Second World War.

Russia has already lost more than 40,000 people killed and wounded, 725 Russian tanks, 1923 armored vehicles, 154 aircraft, 137 helicopters, 347 artillery systems, 111 multiple launch rocket systems, 55 air defense systems, 1387 vehicles, 7 ships, 119 UAVs and other equipment have been destroyed. . Because of this, Russia was forced to withdraw its remaining troops from the central and northern part of Ukraine and now claims only the east and south of Ukraine.

Now Russia is asking for negotiations, not Ukraine. In two weeks there will be a final turning point in this war, and it seems that it will clearly not be in favor of Russia.