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Author Topic: Russia VS Ukraina make Bitcoin Dump ??  (Read 9637 times)

Offline IyemRoker

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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #15 on: March 05, 2022, 01:26:24 PM »
Bitcoin has gone up and down in price since it was first created and it's not strange for me who is new to cryptocurrencies.
But if you look at the posts that get additional BOLD, namely "decrease to 4000 USD in 1 day, then it could be the effect of the news of the war in Russia and Ukraine.
Maybe in my opinion, if Russia and Ukraine save the Fiat and sell all the Bitcoin they have to finance the war, I don't know but this is my opinion and I hope this invasion war ends, don't continue because it's useless at all!
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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #15 on: March 05, 2022, 01:26:24 PM »

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Offline Bliznec

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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #16 on: March 05, 2022, 04:04:41 PM »
Yes, this dump is apparently done by the situation in Ukraine and Russia. I didn't want this to continue and end as soon as possible. I think that very soon there will be peace in Ukraine. What I think is that many traders are just selling their bitcoins.   

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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #17 on: March 05, 2022, 11:36:07 PM »
The dump in Bitcoin isn't caused by the war, but it is caused by the FUDs. If you checked the price of Bitcoin in the last few days, it is even increasing a bit. IMHO, actually, the war has no big correlation with crypto investment. The inflation is for fiats, fiats mat decrease much during the war. While for crypto coins, their prices don't really depend on the situation of the war since it isn't a centralized system.
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Offline vegasus

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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #18 on: March 05, 2022, 11:43:29 PM »
On the first day of war, yes, it something that makes shock all market, not only crypto but also the stock market.
BUt, Bitcoin can survive and then make good progress. followed by altcoins. However, now, itsi still nto stable and we need to prepare for all kinds of possibilities. We know that war will gvie big impact to the world and also inclduing to the crypto world.

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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #19 on: March 06, 2022, 10:53:39 AM »
I heard that because of the Russia-Ukraine war, many Russian citizens moved their assets to Cryptocurrencies, this is because the value of the fiat Ruble has fallen drastically. 
This should have an increasing effect on the price of bitcoin if more people buy Bitcoin, but you are right we must be vigilant and be prepared if anything bad happens because of this war. 
Because this is not just a war between Russia and Ukraine, it looks like it will spread to NATO countries, and this is very dangerous.  I hope crypto is fine.

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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #20 on: March 08, 2022, 06:14:59 AM »
On the first day of war, yes, it something that makes shock all market, not only crypto but also the stock market.
BUt, Bitcoin can survive and then make good progress. followed by altcoins. However, now, itsi still nto stable and we need to prepare for all kinds of possibilities. We know that war will gvie big impact to the world and also inclduing to the crypto world.

Yeah, at the beginning of war, crypto and stock has shocked.
But crypto is growing up again now.
I think Russia and Ukraine war will have bad effect, but not for now because war is still happening.
We will see at the next month, the effect.
But I personally hope war will end soon and everything will be okay.

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Offline mahadev

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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #21 on: March 10, 2022, 06:12:27 PM »
I heard that because of the Russia-Ukraine war, many Russian citizens moved their assets to Cryptocurrencies, this is because the value of the fiat Ruble has fallen drastically. 
This should have an increasing effect on the price of bitcoin if more people buy Bitcoin, but you are right we must be vigilant and be prepared if anything bad happens because of this war. 
Because this is not just a war between Russia and Ukraine, it looks like it will spread to NATO countries, and this is very dangerous.  I hope crypto is fine.

Yeah, to minimalize the lost of fiat money, because Russia and Ukraine war several big investors move their assets to crypto currency.
That's good for crypto market.
But I also heard US has blocked 25,000 users of coinbase.
It's bad. It will have bad effect to market.
Hopefully war will end soon and crypto market will bounce back again.
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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #21 on: March 10, 2022, 06:12:27 PM »


Offline Linda78

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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #22 on: March 11, 2022, 05:04:52 AM »
During the Russia-Ukraine war we saw the king of bitcoin pumping.It shows us that cryptocurrency does not depend on real life. Cryptocurrency moves at its own pace.However, cryptocurrency is in a good position even though the current situation in the world is bad.
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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #23 on: March 11, 2022, 07:17:59 AM »
During the Russia-Ukraine war we saw the king of bitcoin pumping.It shows us that cryptocurrency does not depend on real life. Cryptocurrency moves at its own pace.However, cryptocurrency is in a good position even though the current situation in the world is bad.

Yeah, at the beginning of war crypto didn't being affected by Russia and Ukraine war.
But maybe we will see big effect at the next several months again.
Crypto market is going down now, Maybe It was effected by war.
It's just my analysis.
Hopefully crypto will recover again soon.

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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #24 on: March 11, 2022, 04:48:34 PM »
It's berish season, So that's normal if bitcoin dump.
But I see crypto market is still strong and several times recovery again when dump.
Russia and Ukraine war will have had effect to bitcoin and crypto but I think Just little.
Because crypto will recover again.
It's my opinion and prediction, maybe wrong
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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #25 on: March 11, 2022, 07:38:46 PM »
If in the early days of Russia's attack on Ukraine we saw a significant drop in prices for cryptocurrency, now it is very difficult to say how this war affects this market. On the one hand, the economic situation in this region is getting worse, but on the other hand, we understand that during the period of ruble depreciation, it would be logical for Russian citizens to exchange their rubles for cryptocurrencies. Only there they immediately set a limit on the withdrawal of rubles from bank cards, as, indeed, in Ukraine.
Cryptocurrency is still in a bear market and it is not visible that it reacts with an increase in prices for the purchase of cryptocurrencies by Russians and Ukrainians.

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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #26 on: March 11, 2022, 07:56:49 PM »
I agree. Everything seems very volatile at the moment. I have stopped trading for now, frankly, and I am just observing the market.

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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #27 on: March 12, 2022, 12:51:50 PM »
When there can be any chaos affecting the global market, there is no denying that cryptocurrency can also be affected as the mood can be gloomy and in this case many traders and holders may feel that fear and let go of their portfolio which can mean that the market can go down substantially. However, things will be stabilizing soon afterwards. In the recent days, we are greeted with Bitcoin going up a bit and then going back below the $40K zone...right now it is hovering in the $39K as I am writing this and in my opinion this can be staying sideways hopefully. I am not sure if the Ukraine invasion has already been factored in with that level but certainly 2 weeks may be enough.

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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #28 on: March 12, 2022, 05:39:55 PM »
We all know that cryptocurrency moves at its own pace. For personal reasons or this speed does not stop. During the war between Russia and Ukraine, many felt that this was the reason why Bitcoin was being dumped.But that's not the main reason. But now it seems that Bitcoin has started pumping again in the number one position in cryptocurrency.

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Re: Russia VS Ukraina make Bitcoin Dump ??
« Reply #29 on: March 13, 2022, 06:09:28 PM »
What I remember is that when the war between Russia and Ukraine began, the Bitcoin price was a huge dump. But not long after that decline the price of Bitcoin has gone up again, while the war between Russia and Ukraine is still ongoing today. 
Seeing this incident, I judge that the war between Russia and Ukraine does not have a significant influence on the price movements of Bitcoin and other Cryptocurrencies.

 

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