Effects of war on bitcoin

[Godlovesyou]

Different countries issues is the reason why bitcoin is suffering price loss, when countries are not at peace with others, the whole nations suffered economic crisis, I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars. Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.

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[jeraldskie11]

Most of us believe that if there is a conflict, the price of Bitcoin and other cryptocurrencies will plummet. But that is not true, because in 2020, there is a global pandemic that severely damages our economy, but what happened in Bitcoin that time? Price hikes have caused an abrupt surge in the market, indicating that there is a lot of demand. As you can see from the chart, it reaches an all-time high. As a result, I believe that if there is a war, it may be beneficial or detrimental to crypto.

[EarnOnVictor]

You mixed things up in this write-up but I will try to explain in the shortest possible way. Inflation is mostly responsible for the fall of Bitcoin, and most countries' issues might not have any noticeable impact on Bitcoin unless the coin is popularly paired with their currency, that's how the market works. The exception of course is the news of adoption and retriction/ban by countries. Bitcoin can only be significantly impacted by the economies of the countries of the most popular currencies, in which the USD is number 1.

Different countries issues is the reason why bitcoin is suffering price loss, when countries are not at peace with others, the whole nations suffered economic crisis, I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars.

Point of correction, the price of Bitcoin started falling in 2021, not 2022 when the Russia-Ukraine war started. Mind you, the importance of the country that can cause the effect matters to the global economy, not just anyhow country. And on record, Bitcoin has been falling before the Russia-Ukraine war, surely, the war aggravated it as it increased global inflation as the world depends on the two countries for crude oil, vegetable oil, grains, raw materials and many more. However, the world is finding alternatives, and you can see it as the war continues, yet Bitcoin has increased in value.

Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.

There is nothing like the sentiment of countries here, inflation is the main consideration, and despite the challenges the economies of most counties are facing right now, Bitcoin still managed to rise since the beginning of this year and might touch another historical peak in 2024 since there are other favourable factors to consider.

[Minecache]

Different countries issues is the reason why bitcoin is suffering price loss, when countries are not at peace with others, the whole nations suffered economic crisis, I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars. Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.

Bitcoin is also a speculative asset, so the impact of the world's macro news cannot be avoided, but to say that the collapse of bitcoin in 2022 is due to war is completely inaccurate and also not caused by inflation. If we look closely, 2022 is also when we enter a bearish cycle after reaching ATH in November 2021. So I think whether there is war, economic crisis or not, the market will still slump, but with the impact of the other two factors, the situation will become worse.

What I'm thinking is, if after halving happens and the world economy still hasn't recovered, the war isn't over, do we still have a cyclical bull season?

[CarnagexD]

Different countries issues is the reason why bitcoin is suffering price loss, when countries are not at peace with others, the whole nations suffered economic crisis, I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars. Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.

Wars affect bitcoin prices in a way that it put fear on the funds of investors and derisk their money from their investments and convert it into available cash in case of the worst case scenario. Then it will start to set bearish prices on BTC and other assets like stocks, gold, and indices.

Sometimes wars and high-impact news also serve as manipulation in the market that will cause a false move and fluctuation in price swings. When OP state that Bitcoin seem to remained statics only implies that BTC is in a good stance because despite of negative global events, BTC still finds another support level to  remain in  a good spot to buy and invest in the long run.

[kryptqnick]

I don't think you're right about Bitcoin and the war. Bitcoin can suffer from panic, surrounding global economic uncertainty due to certain events. But it doesn't have to happen and doesn't always happen. The full-scale invasion (because Russia's war against Ukraine itself started in 2014) started on February 24, 2022. If anything, BTC went up back then, namely from $37k on February 24 to $44.5k on March 1, and then up to $47k on March 31. The biggest impact on the price happens at the beginning, and Bitcoin was doing alright then. What's been going on with the price later has nothing to do with the war, IMO. Moreover, the war also gave new publicity and usage of Bitcoin, as Ukraine started actively accepting Bitcoin donations.

[TravelMug]

Different countries issues is the reason why bitcoin is suffering price loss, when countries are not at peace with others, the whole nations suffered economic crisis, I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars. Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.

Maybe it's just one part of the equation, but as we have seen, the war has been ongoing for more than a year but the bitcoin price has recovered already. From the lowest lost of $15,500, we have doubled it and reach $31k already. It's just on the correction right now, nevertheless, we can't blame the war as the only reasons. And the timing, the war started when we are in the beginning of a bear market.

We have the terra luna and then the ftx collapsed that contributed last year for the price really going down low. And then now the banking crisis in the US and in EU, but it seems that it has a positive impact as investors are looking for crypto to hedge their wealth.

[Sayeds56]

Different countries issues is the reason why bitcoin is suffering price loss, when countries are not at peace with others, the whole nations suffered economic crisis, I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars. Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.

I think the regional conflicts don't have any direct impact on price of Bitcoin, however such geographical conflicts may have significant  negative effect on global economy and financial markets. Consequently , such conflicts cause rapid increase in inflation due to disruption in supply chain, which ultimately creates negative sentiment among investment communities and prices of high risk financial assets, such as stocks and bitcoin start falling. This is how the  regional conflicts may have cascading impact on financial markets, ultimately affecting the prices of financial assets.

[joniboini]

I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars.

You better provide dates or data to support your claim. Even if that were true, how would you explain the previous bear market then? As far as I remember correctly, there is no war back then. You should remember that correlation doesn't mean causation. Sure, countries in war probably mean people are less inclined to invest in high-risk assets, but it is hard to judge how much that contributes compared to other factors.

Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.

I believe financial ideology contributes more toward their crypto attitude. Not every government purely decides based on profit. Even if there is no war and every country is doing trades with each other, you can't expect all of them to have the same attitude to crypto. CMIIW.

[zanezane]

Different countries issues is the reason why bitcoin is suffering price loss, when countries are not at peace with others, the whole nations suffered economic crisis, I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars. Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.

I agree with you there that global events such as political conflicts, economical sanctions, and regulatory changes can affect the price of Bitcoin and other cryptocurrencies. For example, when there is uncertainly or instability in the global financial system, some investors may turn to cryptocurrencies as a store of value or a safe haven asset, On the other hand, negative news or actions from governments or central banks can create fear and uncertainty among investors, leading to a decrease of demand and a drop in prices.

The relationship between geopolitical events and the cryptocurrency market is complex and multifaceted, and it is important for investors to carefully consider a range of factors when making investment decisions.

[Sidra101]

The effects of war on Bitcoin are uncertain and can vary depending on the situation. In some cases, people may turn to Bitcoin as a safe haven to protect their wealth during times of economic instability caused by war, leading to an increase in demand and a rise in price. However, if the war causes significant disruptions to the global economy, adoption and use of Bitcoin may decrease, and its value may become more volatile. Overall, the impact of war on Bitcoin is difficult to predict and can be influenced by many different factors.

[Dr.Bitcoin_Strange]

OP, you are only capitalizing on just one thing, "war," which is not the only thing that is making the Bitcoin price fall; some other factors like government policy, economic news, inflation, and other bad news also lead to the price decline of Bitcoin. Currently, the use of cryptocurrency in the US is not really favorable due to some rules, and even some banks have restrictions on the use of debit cards by their customers to purchase bitcoin. So, you can see that it's not only war that affects the price fluctuations of Bitcoin. Even Last month, 50,000 bitcoins were discovered
by the government, from a hacker, and the government sold about 17% of those bitcoins, which I think also led to the price decline of bitcoin last month.

[cabron]

Prices will still plummet temporarily since war affects fiat and economic crisis affects all prices. But BTC is resilient to crisis and war which is why it still can be used by regardless of sanctions.

During the start Ukraine-Russia war, they were also using BTC sending money in and from in both countries.
The next war I suppose is Chian vs US and the reason is Taiwan. This is bigger than Russia-Ukraine war and will affect just about everything when China is involved.

[Rupok]

One of the main reasons for the peace of any country is the economy of that country. Countries are not at peace with others when economies become unbalanced.But I don't think Bitcoin has anything to do with these. Because not all countries are dependent on Bitcoin.The war in 2022 due to the fall of Bitcoin is completely wrong and not due to inflation, It may have been due to diplomatic reasons of other countries.It's natural that the fall in the price of Bitcoin could affect investors, but it had nothing to do with the war.

[yudi09]

Different countries issues is the reason why bitcoin is suffering price loss, when countries are not at peace with others, the whole nations suffered economic crisis, I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars. Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.

All countries in the world do not want war to happen because it has an impact on all sectors ranging from the economy to very important problems, namely destroying human psychology.
In the economic sector, inflation. When inflation appears, it can damage all systems that damage working human resources.

If the Bitcoin price situation has decreased or has difficulty moving up, the relationship between Bitcoin and war does not always occur on a negative scale.
You can read the full history of Bitcoin, when it was launched, when the world's economic conditions were how Bitcoin was born and how the process of Bitcoin was born.
All of this is so that you can find definite answers with clear data.

[macson]

Different countries issues is the reason why bitcoin is suffering price loss, when countries are not at peace with others, the whole nations suffered economic crisis, I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars. Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.

speculators always take advantage of viral moments that occur for their own benefit, and speculators also do that to bitcoin, so don't be surprised when negative things arise ^{(such as issues of war or pandemic)} the price of bitcoin will fall.

but it won't last long, because for sure the price of bitcoin will strengthen again ^{(the issue is when the price of bitcoin falls, speculators buy again at cheap prices)}

as long as the war doesn't happen so badly ^{(up to 50% of the world)} that causes a lot of infrastructure to be damaged, don't worry about the price of bitcoin, because bitcoin has proven to be very resilient to any issues.

[SOKO-DEKE]

Different countries issues is the reason why bitcoin is suffering price loss, when countries are not at peace with others, the whole nations suffered economic crisis, I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars. Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.

I believe that war can effect the price of Bitcoin, but if we look at the history of how the price of Bitcoin has  been fallen, I can't claim that the currently it is  only war that is having serious impact on the price of Bitcoin. If I may describe the current state of Bitcoin, it would be due to all the negative news coming from various directions, such as government regulations, exchanges going under, and so forth. These factors have caused some investors to become fearful and begin withdrawing their funds from investments, and some nations have banned Bitcoin, which has slowed the growth of the cryptocurrency.

Op I don't think any powerful war have happened since existence of Bitcoin  that have effects on bitcoin like and there of bear market since expected that of Russia and Ukraine which you claim it have affected the price of bitcoin which I can't say it play serious part in it. I aware that war is not a good thing and if it happens in countries that adopted.I am sure it will cause seriously damage in the price of Bitcoin but recently war is not the main causes of price dropping.

[Zilon]

Different countries issues is the reason why bitcoin is suffering price loss, when countries are not at peace with others, the whole nations suffered economic crisis, I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars. Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.

I think as more sanction from the US was imposed on Russia it plunged the price. War naturally wasn't meant to push Bitcoin price that dip but as various nations particularly the US seized from having deals with the Russians and also triggered other nations to follow suite price of Bitcoin kept plunging. Wars impact on Bitcoin price was felt most when more countries got involved. It wasn't really Ukraine-Russia crisis that made price plunge so deep but sanctions did.

[Mate2237]

War is within us. War can not be removed from us.  And if bitcoin price will reduce because of war in the world then the price will never go up again. As Russian and Ukrain war is subsiding, Sudan has started and evacuation of other countries citizens as started.

Whenever war starts in any part of the world it affects other parts directly or indirect and also all sphere of life and the economics institutions are more affected than other parts. In the contemporary age, the technological area is much more affected in the war zones. And if the technology is badly affected then it has affected the bitcoin blockchain in the war zones. War is not good but we can not afford it because it within us. One thing I know that affected bitcoin price is not necessarily war but the demand of buying and selling.

[livingfree]

Different countries issues is the reason why bitcoin is suffering price loss, when countries are not at peace with others, the whole nations suffered economic crisis, I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars. Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.

How about those people thought like me that the pandemic will bring the worst of bitcoin? But it tends out that I was wrong with that thought when I've compared and associated bitcoin and the pandemic.

Until then, there's now the other factor that's said affecting bitcoin and that's the war.

If we'll analyze all of these, as long as these factors do affect the common basic and supply of bitcoin. Then, that's where the prices are going to be totally affected by it.