TopT3ns
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March 08, 2022, 11:18:48 AM |
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War effect between Ukraine and Russia have impact with gold and oil pump drastically and still can't make bitcoin could make new all time high price, I don't see almost one week with war invasion to Ukraine make positive or negative effect for bitcoin because still stuck above $40,000 and not really down for bitcoin price. Maybe if war can stopping have little possibility for bitcoin can reach to higher price and I think this war will running few weeks later look at moment not any negotiation between Russia and Ukraine government.
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Sebas.tian
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March 09, 2022, 05:08:56 AM |
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why focusing in the bat effect of the war when there are also good in effect ? because Nowadays I believe that Ukrainian and even Russian are protecting their funds inside crypto and surely they are buying Bitcoin as majority coin and the safest.
I'm not sure what is the main objective of people connecting the dropping of price in this War but i'm sure this has not really in big effect .
Yes, there are good effect between Russian and Ukraine by giving the people opportunity to invest their capital on crypto, so that even though the war take everything away from them, it will not make them feel so bad because of the future investment they have involved in the community. The big effect is about to happen to bitcoin investors in the community for those that invested a huge amount of money on bitcoin before the war or during the war between Ukraine and Russian to have something good to earn when the price hit higher in the market.
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kryptqnick
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March 09, 2022, 06:43:37 PM |
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Bitcoin is fluctuating, there's no need to worry over that. It's currently at $42k, 8% up over 24 hours. Overall, I think it's doing well during the current war and I have no reason to believe it's going to change for the worse. Of course, Bitcoin can suffer from some panic and general uncertainty of investors in an unstable geopolitical situation, but this will be compensated by donations pouring into Ukraine in Bitcoin and, possibly, increased usage of cryptos in Russia amidst strict regulation of foreign fiat and a free fall of Russian fiat.
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Pesona1
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March 09, 2022, 07:03:45 PM |
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War effect between Ukraine and Russia have impact with gold and oil pump drastically and still can't make bitcoin could make new all time high price, I don't see almost one week with war invasion to Ukraine make positive or negative effect for bitcoin because still stuck above $40,000 and not really down for bitcoin price. Maybe if war can stopping have little possibility for bitcoin can reach to higher price and I think this war will running few weeks later look at moment not any negotiation between Russia and Ukraine government.
The effect of the war that occurred in ukraine made the price of gold and oil experience an increase in current prices, even gold has now reached a price of $ 2k / troy ounce, it seems that the increase was triggered by fear of investors so that they prefer gold as a safe haven for now compared to bitcoin , indeed at the beginning of the conflict the bitcoin price had increased to penetrate $45K but slowly the bitcoin price went back down and touched the price level of up to $35K, now it seems very difficult for us to predict what will happen to bitcoin next, whether the war will make bitcoin going up or down?
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Finestream
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March 09, 2022, 07:44:30 PM |
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Bitcoin is fluctuating, there's no need to worry over that. It's currently at $42k, 8% up over 24 hours. Overall, I think it's doing well during the current war and I have no reason to believe it's going to change for the worse. Of course, Bitcoin can suffer from some panic and general uncertainty of investors in an unstable geopolitical situation, but this will be compensated by donations pouring into Ukraine in Bitcoin and, possibly, increased usage of cryptos in Russia amidst strict regulation of foreign fiat and a free fall of Russian fiat.
I must say bitcoin price has been plummeted when the war has started but after couple of days, its price and with the rest of altcoins has quickly ramped up and made the market starts to recover. But then again, prices drop again and then started to rise and then easily drop. I guess fluctuations also takes place along with the market trends and sentiments. With regards to oil and gold price increase, apparently those were mostly affected that made the people suffer from buying high priced oil in the market but benefits on the high appraisal on gold as an investment.
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dunfida
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March 09, 2022, 07:49:07 PM |
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Bitcoin is fluctuating, there's no need to worry over that. It's currently at $42k, 8% up over 24 hours. Overall, I think it's doing well during the current war and I have no reason to believe it's going to change for the worse. Of course, Bitcoin can suffer from some panic and general uncertainty of investors in an unstable geopolitical situation, but this will be compensated by donations pouring into Ukraine in Bitcoin and, possibly, increased usage of cryptos in Russia amidst strict regulation of foreign fiat and a free fall of Russian fiat.
I must say bitcoin price has been plummeted when the war has started but after couple of days, its price and with the rest of altcoins has quickly ramped up and made the market starts to recover. But then again, prices drop again and then started to rise and then easily drop. I guess fluctuations also takes place along with the market trends and sentiments. With regards to oil and gold price increase, apparently those were mostly affected that made the people suffer from buying high priced oil in the market but benefits on the high appraisal on gold as an investment. We've dropped back again on 38k but now the price had been staying on $42k as of this moment which i could say that it is really just a typical movement on the market despite on the war condition. It is true that everything was really been affected because of the war but im not really that much convinced that it would surely give out effects on this market itself. Well, we dont know on whats happening behind but with the level of volatility we are seeing are just those typical days.
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LUCKMCFLY
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March 15, 2022, 12:00:07 AM |
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The markets are all affected by this war in their own ways, but there is always a connection between them in the financial and economic system. If war occurs, demand for fuel will cause it to increase in price, and nothing will be needed more than fuel if the war is going to be long. The impact also drags on other economic sectors. Crypto is also partly affected by the war, if not greatly affected. Personally, I am worried that the war will drag on when both sides show tough moves.
This is what really causes panic, on the one hand some countries like the USA are ensuring their consumption through other oil producing countries, because if they want to isolate RUSSIAN oil from the world they do things that I never thought they would do, like asking for help from Venezuela, doing and recognizing the president of the country when they themselves said they did not recognize him, I think the war makes everything worthwhile, right? then as we see that everything intensifies we see that human behavior has no limits in order to satisfy their needs, this is something that can go against everything, their principles and even their own ethics, these are desperate behaviors given pro war.
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btc78
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March 15, 2022, 04:40:10 AM |
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The markets are all affected by this war in their own ways, but there is always a connection between them in the financial and economic system. If war occurs, demand for fuel will cause it to increase in price, and nothing will be needed more than fuel if the war is going to be long. The impact also drags on other economic sectors. Crypto is also partly affected by the war, if not greatly affected. Personally, I am worried that the war will drag on when both sides show tough moves.
Actually it is not mainly in crypto but instead the effect in everywhere specially In Oil , now my country suffers a lot as the price of Oil is now is almost doubled before the war happens and there is a hint that it may come higher in the following days as the war continues to happen. while there are others that says this may bring good effect to the crypto market yet we cannot even find this coming as of the price still in lowering today more than 2 weeks after that war.
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AicecreaME
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March 15, 2022, 12:18:34 PM |
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The bitcoin market has also been affected by growing concerns about Russia's invasion of Ukraine. But Bitcoin has been falling in the last 24 hours and is currently trading at around $ 37,794. But the oil situation is quite the opposite. Just look at the price of oil and realize that this war has had a huge impact on the price of oil and safe-haven assets like gold. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs6.uupload.ir%2Ffiles%2F272_w5xm.png&t=665&c=CA6L4CnMIXLa2w) But what is the reason for this? In my opinion, because of the war, most people avoid high-risk assets such as bitcoin and other digital currencies! +How many wars have Bitcoin experienced so far? -Nothing So it is natural that most people, because they do not know the reaction of bitcoin, turn to other assets such as gold and oil. The escalation of the conflict between Ukraine and Russia will also cause more fear among investors. Bitcoin's price has been fluctuating prior the Russia-Ukraine war. Somehow, bitcoin is impacted by it due to perhaps panic, but I believe it will eventually bounce back like it always does. Right now, what is really alarming is the oil price hike due to the conflict. The price of oil is largely affected since Russia supplies oil in most countries. This is the ugly repercussion of a war especially if a country involved is the one who exports goods. Since Russia is sanctioned, they have said it in news even before that if that will continue, the price of oil will rise up so much. And true to their words, indeed, the price of oil is massively increasing as time passes by. Here in our country, the price of oil almost hit twice its original price before the war. And maybe in the next few weeks it would even exceed the twice original price and hit triple. It's frustrating most especially to the working class because whenever oil price moves, everything follows. Transportation fees, price of goods such as raw materials and processed ones. Hopefully, the war will be over soon and everything will come to normal. It's just so hard to live nowadays because everything goes up, except the wage.
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perfect999
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March 17, 2022, 09:05:05 PM |
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War is a serious problem and of course it can have a global impact, there will be many problems such as internet access, financial transactions and so on, but the presence of bitcoin and cryptocurrencies makes it easy for anyone to send money, and this is what the president of ukraine understands so that it legalizes bitcoin and cryptocurrencies .
Bitcoin has even been a lot helpful to Ukraine at this time. A lot of people has been able to donate to Ukraine to help fund their military at this time of war and they were all able to do it through Bitcoin and also other means. I was reading the news the other day of how the Ukraine government has been able to make use of the crypto they have received to help their soldiers and provide them with most of the necessities. So for the OP, saying that the war has caused bitcoin to decrease in value is totally wrong, I don’t think the decrease in Bitcoin price now would have anything to do with the war at all. Those in these countries would even find it better to invest in Bitcoin because their currencies might be losing value and bitcoin would be a better option for them to save the value.
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Ozero
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March 18, 2022, 04:58:44 AM |
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Demand and Supply in case of Oil. Wars need oil to run. Lots of it. There was a several miles long convoy of Russian millitary trucks stuck in Ukraine due to lack of oil. Every piece of armor and aircraft needs it.
I believe it wasn't just all about their fuelling which I think Russian would have been able to handle because I think they have abundant of it, I believe it is largely because the Ukrainian army has destroyed the Bridge that those Russian military convoys ought to have used to advance and now they are stuck at the main time. I do however believe that bitcoin did have some more publicity during this time and that's good too. Columns of Russian invaders do stop on the roads of Ukraine because of fuel problems, but these are problems of a different kind than the general shortage of diesel fuel or gasoline for military equipment in these countries. The Puutin regime hoped to stun Ukraine with a mass invasion of manpower and equipment from three sides and in six different directions at once. They did not provide for serious resistance from the Ukrainian armed forces, and even more so from the people, and therefore the attacking Russian columns had fuel supplies for three to four days, like the soldiers with dry rations. Therefore, the Russians faced a huge problem when they saw the fierce resistance of the Ukrainians, when their numerous columns of vehicles were simply burned along with a few fuel vehicles (already in the first days of the invasion, about 60 fuel vehicles were burned). The Putin regime miscalculated that behind the attacking equipment there was no equipment with support. In fact, this is one of the reasons why the Russians got bogged down in this war and suffered heavy losses in manpower and equipment.
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elisabetheva
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March 21, 2022, 06:09:40 AM |
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The overall crypto market capitalization fell and even tends to sink, bitcoin being the biggest decline in market capitalization, as a result of Russia's intervention in Ukraine even though this conflict has been around for a long time and only now is experiencing something that has a direct impact. investors seemed to ignore for a moment the sentiment of Russia's attack on Ukraine. they actually take advantage of the momentum by buying crypto at a correction price or the term buy on dip.
when the US president, Joe Biden, did not respond to the Russian invasion of Ukraine with military action, only imposed economic sanctions, making the sentiment of market participants improve. Vladimir Putin said, Russia will not damage the world economy, Russia is still part of the world economy. We will not harm the world's economic system as long as we are a part of it.
With the actions of these two major countries, crypto assets that previously had fallen in trade, are now gradually recovering. so it looks like bitcoin is only having an impact initially and is starting to accept the situation, so investors are not too scared off.
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