Crypto in war ukraine and russia

[Jackl87]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

The first impact on the crypto market was definitely a negative one as the whole market went down around 10% or so all of a sudden once the news broke that Russia really started to invade Ukraine. I guess no one or at least only a small percentage of people really expected that it would come to this and therefore all the financial markets to a big blow that day and the traditional stock markets still suffer from that. The crypto market started to move upwards though only one or two days after the start of the war as it became obvious that with all that sanctions that are being declared against russia you can not really stop the crypto market to function.

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[Renampun]

The impact of this war was far-reaching. almost all sectors will get the effect of this war.
the crypto market is certainly experiencing the impact of the war that is happening. we'll see at the beginning of the war all
coins in crypto experienced a very significant decline. I hope that this war ends, there is nothing more beautiful than peace.

at the beginning of the turbulent war, the crypto market experienced a decline but now the crypto market has started to grow again...

the war between Russia and Ukraine will not cause the price of bitcoin and other altcoins to fall for a long time, chaotic conditions are often used by whales to make big profits. my only big hope now is to see these two countries enter into a truce, there is nothing to gain from war.

[Pasa32]

I also hope so, War will bring a lot of destruction all over the world. It will impact highly the crypto market, stock market, and also other markets. I hope there will be peace soon.

[fullhdpixel]

The war going on in Ukraine not only has an impact on the crypto market but also has an impact on the world economy because Russia is the largest oil supplier in Europe, and sanctions imposed by many countries such as the UK and France are making things worse. especially now that the war in Ukraine has also spread to the world of football and Russia is in danger of not being able to play in the world cup which will be held in Qatar. Many crypto investors are from Russia and even the inventor of ETH is also from Russia, if the blocking really happens it will certainly have a bad impact on the crypto market. I just hope the war in Ukraine ends quickly and doesn't spread to the crypto world.

It's okay if it had an impact because the impact is not only negative but it also has a positive impact because it allows them to realize how important crypto is, during that situation. Aside from the oil, Russia is also said to be the biggest supplier of metals that is used for chip making, the one that is used by computers and gadgets. This is going to affect both industry.

The sanction that  are given to Russia is wide that even the sports or the athletes are also affected because they are now banned in competing to other countries. I don't think there is a blocking of cryptos in Russia but in fact Russians now were encourage to donate some cryptos in Ukraine because they are also against this war.

[crzy]

I also hope so, War will bring a lot of destruction all over the world. It will impact highly the crypto market, stock market, and also other markets. I hope there will be peace soon.

We believe before that cryptocurrency will be the safe haven if there’s a war, now we are all wrong because cryptomarket is also affected, and can’t rise that much because some investors are also afraid to buy more. We all want peace, Russia is encouraging Ukraine to stop fighting and they will only leave Ukraine if their teams are being met. Hoping for a good solutions here, war is really affecting every market.

[kryptqnick]

yes, I also hope that the war ends soon, it does a lot of damage.
however, because of the crisis and the blocking carried out by high-ranking state officials against Russia, this is where crypto plays a role. many people support one of the two countries. crypto can be a solution so that they don't get an economic crisis. in addition, crypto transactions can also be decentralized, so people can make transactions safely and quickly. however, crypto's role in this could be positive. well, people are donating crypto to prevent anything worse from happening there.

Cryptos can't save the world, they can't be a solution to every economic problem and can't save economies. It's just a simple truth we must accept. But cryptos can help people move their wealth into something if their own currency is exploding (like ruble seems to be), and, if cryptos are used for the right things, donations can help bring the end of the war closer. And while people use cryptos to either save their money or to make donations from all over the world easy (like the Ukrainian government does now), it's also good for the crypto market because the demand for cryptos grows.

[strunberg]

In my opinion, if we read and observe the current situation, even though it is still in a state of contention, it is accepted that it has disrupted crypto a bit, but not significantly. The sanctions imposed on Russia will not have a direct detrimental impact on cryptocurrencies and investors wait and see also seek alternative ways to invest in the two countries in order to be secure and grow.

we will see EU will gonna do, if they applied saction to rusia and give an order CEX to suspend rusian account , i am doubt bitcoin price will able to stable or even rise. Binance already give statement regarding this and maybe another CEx will follow. we face uncertain condition war finished.

I also hope so, War will bring a lot of destruction all over the world. It will impact highly the crypto market, stock market, and also other markets. I hope there will be peace soon.

world must have peace soon, we have been face too many problem and alot countries have conflict interest.

[Vaskiy]

I also hope so, War will bring a lot of destruction all over the world. It will impact highly the crypto market, stock market, and also other markets. I hope there will be peace soon.

We believe before that cryptocurrency will be the safe haven if there’s a war, now we are all wrong because cryptomarket is also affected, and can’t rise that much because some investors are also afraid to buy more. We all want peace, Russia is encouraging Ukraine to stop fighting and they will only leave Ukraine if their teams are being met. Hoping for a good solutions here, war is really affecting every market.

Considering the fiat inflation, bitcoin is surely the safe haven. With the mass adoption around the globe crypto market is getting unified with the global market. This is the reason why the cryptomarket too is getting impacted out of the war. This won't be the scenario everytime, days back the market bounced unlike the world market. So, we can't come to a conclusion bitcoin too not the best safe haven.

[evichi]

Ukraine and Russia war have brought up financial issues which are really critical. The has brought up the main purpose of creating Bitcoin - 'Be your own bank'. Satoshi saw the need of being in control of your funds long time ago - where third parties will not have access to your funds, and the funds are secure. This issue is playing out in the current Ukraine/Russia war. Putin have notified that no one leaves Russia with more than $10,000.00 (https://www.usnews.com/news/world/articles/2022-03-01/putin-bans-cash-exports-from-russia-exceeding-10-000-in-value-kremlin). That means anyone with more than that will relinquish any amount above that to the government, But anyone that have Bitcoin in his/her wallet, should be in control of their funds. US Senator, Elizabeth Warren says she dislikes Bitcoin (https://steemit.com/bitcoin/@jondoe/elizabeth-warren-strongly-dislikes-bitcoin-and-that-means-it-s-doing-what-it-s-supposed-to). Bitcoin is now playing a role as regards the financial issues of Ukraine/Russia war.

[Vinaa77]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

It is not clear that this case can have a broad impact on crypto, the proof is that there has not been a single coin that has fallen so sharply in terms of buying and selling value, indeed the issue being faced now is bigger, namely this war will have a major impact on the journey of crypto. But do we know that crypto is used to the conditions that are happening now, isn't war already happening in other countries before, but the effect on crypto is not that big, I'm still optimistic that this problem will not have much impact on crypto travel in general, even in small cases.

[X-ray]

According to data from CryptoCompare, Bitcoin trading denominated in the Russian rouble went into overdrive when the invasion began on Thursday. Daily volumes rose 259 per cent from a day earlier to 1.3 billion rouble or $13.1 million.

People in russia was massively converting their assets into the cryptocurrency. The ban to the russian bank has been giving a serious impact to the price. I was not even getting surprised if there was a huge pressure to the crypto market as the crypto exchange site denied to comply with the some sanctions that already agreed by some countries. The daily volume was surging a lot due to the panic buy from russian but it was slowly going down again.
Crypto has proven if it can be a safe heaven for people to save their value from the war. We know that so well if the war will be destroying everything and this must become the main concern for anyone in here.
That's why people wanna see peace

[Ozero]

It is hoped that in the future, if this war lasts for a long time, the condition of the market can be seen more.

I hope this will not going to happen, it caused by if the war can make the world will be going to another crisis. You can imagine if the war will be everywhere and you have no place to access internet and it will be going down as well. I must try to remind you that. When the world is on the war and you have no safe place to hide from the bomb.
As ordinary people and what we can do to pray for the war to be stopped. If the war gonna be a long term war and the world will be face another degradation for sure.

The international sanctions imposed on Russia are so multifaceted and destructive that they will soon throw this country back in economic development many decades ago. Despite the sanctions, Putin does not want to give up his intention to take over Ukraine, and Ukraine has no other choice but to defend its sovereignty. If Putin is not overthrown in Russia itself in the near future, then the war will drag on for a long time and Russia will eventually be a poor country. The United States, Europe and other developed countries will help Ukraine recover, and Russia will still have to pay hundreds of billions of dollars to Ukraine as compensation for the losses it has caused. Many more generations of Russians will have to pay for Putin's adventure, which the Russian people did not stop in time.

[lizarder]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

That's a small impact involving events/events on crypto's journey, even though in general crypto has no special relationship to these events, but because of the war that occurred in the two countries, it seems that crypto is in a very critical condition, even though if we look further, there is no the big effect of these events on the crypto journey now, so many issues that arise are not based on actual events, therefore I don't think the effect is that big

[nimogsm]

There are no problems with buying and selling cryptocurrencies in Ukraine, all banks are operating normally.In Russia, I am sure they will quickly find a solution to stabilize the current sanctions.There are a lot of people who got into trouble.I hope peace will come soon.

[mdzahed134]

I think the Russian economy is still normal because the government can do anything for the welfare of its people, crypto is an important part of cross-border transactions, this is what is happening at the moment.

Right now 1 USD= 133 Russian Rubel but in Feb it was 76 Rubel equal to 1 USD, You see this war how an impact in the russian economic. Because their are several banks and in the others institutions got a few sanctions by USA and others countries. So many people’s will go to convert their native currency to crypto when see such big inflation.

[gurunanakji777]

The war impact would be very much on both country peoples. We all hope war should be end soon because war is not the solution to any issue. Currently, there is huge pressure on Russia due to sanctions. I believe Impact is inevitable across the world not only on cryptos. Yes, the crypto donation is also for Ukraine I read too.

[lizarder]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

That's a small impact involving events/events on crypto's journey, even though in general crypto has no special relationship to these events, but because of the war that occurred in the two countries, it seems that crypto is in a very critical condition, even though if we look further, there is no the big effect of these events on the crypto journey now, so many issues that arise are not based on actual events, therefore I don't think the effect is that big

Let's see together what will happen in the near future.  hopefully it will have a good impact because what we know together with the opening of donations through the cypto channel can add insight into crypto which is increasingly widespread throughout the world and countries that previously did not accept crypto can change their minds to accept it

Yes, that's right, we hope that this case will recover quickly and return to normal as before, although the effects are not too big, but we also can't maximize investment for now, for crypto acceptance issues or not in certain countries, I don't think it's a problem, because the most important thing for us right now is that the market is back in the green, because the impact of the correction has been on the market for so long, that many coins are not moving at a better price

[MarjorieZimmermanGinger]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

For me it doesn't have a big impact on the war that is going on between Ukraine and Russia, because even if the market can be affected by the case that has happened to these two countries, I can buy potential coins for now, but the problem is bitcoin in particular is going for the better. in these two days, that means the war effect between the two countries will not have much impact in my opinion

[pkersey]

In the short term as always is the case, totally random. Long term, I think it gives bitcoin more value as a reserve currency since it can't be cancelled. The US I think is hurting the USD long term by trying to "cancel" russia b/c it means a large country is no longer on the demand side of buying USDs and will likely never trust the USD again.

[Ureung jameun]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

I'm not sure if the war between Russia and Ukraine will have a big impact on the crypto market, and don't worry too much about the exchange rate dropping in the crypto market. and I also think otherwise with the imposition of economic sanctions on Russia by various countries in the world, Cryptocurency is a safe way to store assets.