I feel there will be definitely some effect on the global market not only in the crypto market. I would say the issue must be resolved peacefully. If anything wrong happens it will impact the global market. Most probably the market will suffer and I hope sooner the matter will be resolved peacefully by both the countries.
Of course there would be agitation. Of course there would be uncertainty. But if, and a big if, Putin and Russia invades Ukraine there would be a huge impact. Wars and big conflicts affect any currency or commodity, not just crypto
Most likely it is the United States that wants to bring its rights to Ukraine, and Putin has nothing to do with it. The President of Ukraine behaved like a puppet in the eyes of other countries. By letting US troops into their territory. This is not very nice, in relation to Russia. The impact of this situation will not affect the cryptocurrency in any way.I live in Ukraine and I can assure you that there were and are no US troops in Ukraine. However, there are Russian troops in the occupied part of Ukraine - the territory of Donbas and the Crimean peninsula, who have already killed about 15,000 Ukrainians since 2014. Putin brought his troops to the borders of Ukraine in order to blackmail Ukraine and force him to conclude an agreement that will eventually lead to the loss of Ukraine's independence. But the situation in recent years has changed not in favor of Russia. The Ukrainian army has grown stronger and Putin is not suicidal to openly attack Ukraine. In a few months, the situation will defuse, and Putin will step back in disgrace.
Most likely it is the United States that wants to bring its rights to Ukraine, and Putin has nothing to do with it. The President of Ukraine behaved like a puppet in the eyes of other countries. By letting US troops into their territory. This is not very nice, in relation to Russia. The impact of this situation will not affect the cryptocurrency in any way.
Most likely it is the United States that wants to bring its rights to Ukraine, and Putin has nothing to do with it. The President of Ukraine behaved like a puppet in the eyes of other countries. By letting US troops into their territory. This is not very nice, in relation to Russia. The impact of this situation will not affect the cryptocurrency in any way.It turns out interesting. Let me briefly recall how events unfolded. Putin, taking advantage of the hospitality of Ukraine, having under a lease agreement part of the territory of Ukraine for his naval base on the territory of the Ukrainian peninsula of Crimea, sent his troops in 2014 to the entire peninsula and captured it, then held a referendum at gunpoint, where, of course, citizens, according to its results, spoke in favor of joining Russia.
Most likely it is the United States that wants to bring its rights to Ukraine, and Putin has nothing to do with it. The President of Ukraine behaved like a puppet in the eyes of other countries. By letting US troops into their territory. This is not very nice, in relation to Russia. The impact of this situation will not affect the cryptocurrency in any way.I see that some on this forum are trying to present Putin, who has already killed more than 15,000 Ukrainians with the hands of his military, and, moreover, a significant part of civilians, almost like an angel.
I don't expect war, but if it does, I think financial markets will grow, especially gold and Bitcoin. The reason: people look to safer assets to hedge against risk. The advantage of Bitcoin's liquidity and safety will attract the attention of investors, especially those living in Russia & Ukraine.
I still hope we won't have war, war won't bring any benefit.
I think Russia invasion of Ukraine may not crash Bitcoin except the war becomes a world war conflict, similar to the previous wars. If you are following the current Bitcoin price trends, and the war effects, I think there is just little or no effect to prices of Bitcoin/altcoins. When Russia invaded Ukraine some weeks ago, btc was trading at around $37k to $38, at least, there has not been much significant difference compared to some past Bitcoin/altcoins price records.
In nutshell, I think Bitcoin/altcoins is doing well and may hit $50k in the full bull run.
Every people didn't want to war , they prefer in peaceful.Putin and his entourage, with a military invasion of Ukraine, unleashed a war into which more and more states are gradually drawn. Condemning the aggression, the entire civilized world is providing all possible assistance to Ukraine financially and with military equipment in order to strengthen its defense capabilities. Quite tough sanctions are being introduced against Russia, and this significantly disrupts the normal trade process around the world. Inflation will rise, unemployment will rise, and serious food shortages may be felt in underdeveloped countries.
I think at the beginning we saw Russia and Ukraine war have little effect for crypto currency, but I think It's not big problem.
if the war will continue for along time, I think it will have bad effect for all elements.
Crypto also will be influenced by war effect.
Now, in case the invasion can push through in time for the Winter Olympic in China...will this be a big factor to further dampen the cryptocurrency market or will it be an impetus for it to bounce back?
Crypto currency has nothing to do with it and I do not see any negative effect yet. But there is some positive effects like we can see how people donate through cryptocurrency for Ukraine's war efforts. Not only that Russia is also planning to legalize crypto currency when they were against crypto currency a few months ago.If the two countries use Cryptocurrency for the needs of payment instruments or whatever, it will definitely have an impact on Cryptocurrency. And I think this will have a positive impact, because Cryptocurrencies will be more and more used by the community. The hope is that the price of Crypto can continue to rise, and not go down.
Obviously, this will not lead to anything good, everyone knows the phrase - "money loves silence" about cryptocurrency, too, you can say so.As soon as any unrest begins in the world, most people withdraw money in a panic, sell cryptocurrencies, and this does not lead to anything good in the cryptocurrency market.Absolutely agree with you. This war will have a cardinal impact on the global economy, and with it the cryptocurrency. It just doesn't show up right away. The negative consequences of this war and forced sanctions against Russia will not only destroy Russia itself, but also significantly weaken other states. After this war, the world will change in many ways. It is still difficult to say how this will affect the cryptocurrency as a whole, but, in my opinion, there will be little good in this.
If this continues between Ukraine and Russia, then it is 100% possible to fall down the market. which is painful for us. Its effect is being read not only on crypto but on every situation of the country. If we talk about the resurgence of the crypto market, then it will definitely happen because crypto has now become the employment of more people.
(https://www.gzeromedia.com/media-library/is-putin-going-to-invade-ukraine.png?id=27980825&width=600&coordinates=0%2C97%2C0%2C80&height=300)
Right now, there is a big possibility that Russia will eventually invade Ukraine and annexed it as part of the country just like the previous USSR set-up which Mr. Putin has been dreaming of, to relive the glorious days of the former empire. I am sure that the USA under its almost senile leadership of Joe Biden and Germany which is now under the nose of Kremlin due to energy issue - can never stop the aim of Putin. Of course, anything is possible...who knows maybe somewhere somehow diplomacy and possible economic embargo can still influence Putin to change his mind.
Now, in case the invasion can push through in time for the Winter Olympic in China...will this be a big factor to further dampen the cryptocurrency market or will it be an impetus for it to bounce back?
By seeing the market condition now, I think It's not cause of war between Russia and Ukraine.
It's because of the bearish season.
So, I don't think this was, In my thought just buy and hold now.
The Russian invasion of Ukraine was not a factor in changes in the price of Bitcoin and other Cryptocurrencies, what could have an effect on changes in the prices of Bitcoin and Cryptocurrencies is the use of Bitcoin and other Crypto in the countries involved in the war conflict. It is said that both Russia and Ukraine are currently accepting donations in the form of Cryptocurrencies, be it Bitcoin, Ethereum or other Crypto coins.Ukraine accepts donations from other states, including in cryptocurrency. This is understandable, because it voluntarily gave up its third world nuclear potential and even handed over its missiles to Russia, which it is now using against Ukraine itself. Ukraine did this in exchange for guarantees of non-aggression by world states, including from Russia, and now these agreements with respect to Ukraine have been completely violated, and the aggressor is Russia, which acted as a guarantor of such non-aggression.
I feel there will be definitely some effect on the global market not only in the crypto market. I would say the issue must be resolved peacefully. If anything wrong happens it will impact the global market. Most probably the market will suffer and I hope sooner the matter will be resolved peacefully by both the countries.Actually what you say is true, but if I myself want this war to be able to stop. Because the longer the war continues, the more lives will be lost. It's actually more important than thinking about the Cryptocurrency market!
The cessation of this senseless and monstrous war to exterminate the people of Ukraine depends entirely on both the political leadership of Russia, that is, the Putin regime, and on the people of Russia themselves, who so far support this bloody war by about 80 percent. Even if the citizens of Russia are afraid to openly express their negative attitude towards the war and are afraid to protest, this does not relieve them of responsibility anyway.I feel there will be definitely some effect on the global market not only in the crypto market. I would say the issue must be resolved peacefully. If anything wrong happens it will impact the global market. Most probably the market will suffer and I hope sooner the matter will be resolved peacefully by both the countries.Actually what you say is true, but if I myself want this war to be able to stop. Because the longer the war continues, the more lives will be lost. It's actually more important than thinking about the Cryptocurrency market!
Due to the invasion of Ukraine, its effect is being seen on all the markets of the world. Bitcoin is also falling in its grip, the price is falling.
Yes Brother, I want this war to end soon. Whatever the problem, it should be resolved peacefully. I do not know what is right and what is wrong in this war, for sure the civilians will be the victims and will suffer.~The cessation of this senseless and monstrous war to exterminate the people of Ukraine depends entirely on both the political leadership of Russia, that is, the Putin regime, and on the people of Russia themselves, who so far support this bloody war by about 80 percent. Even if the citizens of Russia are afraid to openly express their negative attitude towards the war and are afraid to protest, this does not relieve them of responsibility anyway.
The people of Ukraine have no other choice than to fight and defend their statehood. Cryptocurrency is indeed in this regard already of very minor importance.
The fact is that there were no problems in Ukraine and there are none. The problem is created in the head of Putin and his entourage. Now Putin is already openly comparing himself to the Russian Tsar Peter the Great in that he is also a land gatherer for Russia. That is, it is openly recognized that the purpose of the war with Ukraine is an attack with the aim of capturing and annexing the territory of Ukraine to Russia. However, in principle, losing this war, the Kremlin is already going to cancel the independence of Latvia, Lithuania and Estonia and also annex these territories by force.Yes Brother, I want this war to end soon. Whatever the problem, it should be resolved peacefully. I do not know what is right and what is wrong in this war, for sure the civilians will be the victims and will suffer.~The cessation of this senseless and monstrous war to exterminate the people of Ukraine depends entirely on both the political leadership of Russia, that is, the Putin regime, and on the people of Russia themselves, who so far support this bloody war by about 80 percent. Even if the citizens of Russia are afraid to openly express their negative attitude towards the war and are afraid to protest, this does not relieve them of responsibility anyway.
The people of Ukraine have no other choice than to fight and defend their statehood. Cryptocurrency is indeed in this regard already of very minor importance.
Talking about Putin's Ukraine invasion, I think It had little effect for crypto currency.Because of this war and the international sanctions imposed on Russia, the standard of living will fall both among the warring states and those who imposed these sanctions, as well as those who receive less grain and other agricultural products from Ukraine and Russia. Many people will be forced to sell their cryptocurrency in order to provide themselves and their families with the most necessary things. Therefore, the war unleashed by Russia in Ukraine will affect many inhabitants of our planet and the entire cryptocurrency market, and the size of this influence will increase with each ongoing day of this war.
Because I think crypto has been owned by almost all citizens of the world.
Due to the invasion of Ukraine, its effect is being seen on all the markets of the world. Bitcoin is also falling in its grip, the price is falling.
I sincerely want to believe that all this will end soon and peace will finally reign .Peace will not come soon. Russia does not want to admit its defeat in Ukraine and will throw more and more new forces in people and equipment. According to the Armed Forces of Ukraine, the following have been destroyed to date:
You are right, If only people take time to even look at the price chat for Bitcoins price before the Russian Invasion they would have realized that the market was already falling and even after the Russia/Ukraine war started, Bitcoin actually rise a bit at some point but the thing is, the market was already set for a bear market dip.Due to the invasion of Ukraine, its effect is being seen on all the markets of the world. Bitcoin is also falling in its grip, the price is falling.
Bitcoin is falling because It's bearish season, not effect from Russian and Ukraine war.
I think this war didn't bug effect for crypto market, but If this war will continue for along time, I think It will be.
But the war of Russia in Ukraine in any case will have a negative impact on the cryptocurrency market. This war has been going on for the fifth month now and it looks like its end is not to be expected in the near future. Russia suffered heavy losses in manpower and equipment in Ukraine, as well as material losses from international sanctions, the consequences of which will only intensify. But the political leadership of Russia does not want to reckon with losses and does not want to stop the aggression. And the Ukrainians simply have no other choice than to defend their freedom and independence.You are right, If only people take time to even look at the price chat for Bitcoins price before the Russian Invasion they would have realized that the market was already falling and even after the Russia/Ukraine war started, Bitcoin actually rise a bit at some point but the thing is, the market was already set for a bear market dip.Due to the invasion of Ukraine, its effect is being seen on all the markets of the world. Bitcoin is also falling in its grip, the price is falling.
Bitcoin is falling because It's bearish season, not effect from Russian and Ukraine war.
I think this war didn't bug effect for crypto market, but If this war will continue for along time, I think It will be.
I sincerely want to believe that all this will end soon and peace will finally reign .
I think no one can control a little currency because the market goes up and down depending on the trade. Many feel that the war on Russia and Ukraine has damaged the image currency. But I don't think stingy currency is being dumped because of this war. We have to be a little more patient, it won't take long to reach the previous stage.Many people think that Russia and Ukraine are countries that have full investment in Cryptocurrencies, especially Russia. So I'm worried that if the war continues they will continue to sell their coins to eat so the price will drop as supply in the market increases, but I agree with you that this war will not have too big an effect on the Cryptocurrency market.
I sincerely want to believe that all this will end soon and peace will finally reign .I do not yet see the possibility of peace in Ukraine. If Russia continues to attack, shell and bomb Ukraine, then how can there be peace? Peace can only come if Russia suffers a military defeat in Ukraine. The chances for this are increasing every day. Russia has almost run out of steam in this war, soon its soldiers will have neither the desire nor the ability to attack.
I sincerely want to believe that all this will end soon and peace will finally reign .I do not yet see the possibility of peace in Ukraine. If Russia continues to attack, shell and bomb Ukraine, then how can there be peace? Peace can only come if Russia suffers a military defeat in Ukraine. The chances for this are increasing every day. Russia has almost run out of steam in this war, soon its soldiers will have neither the desire nor the ability to attack.
Both sides are exhausted . But unfortunately, the goals of this special operation are unclear, and the further we go, the more we see an unwillingness to make peace and sit down at the negotiating table.The goals of Russia's "special operation" are absolutely clear. Recently, German Chancellor Scholz said that before the attack on Ukraine on February 24, Putin told him that Ukraine and Belarus should not exist as states. This explains everything, as claimed by Ukraine. Putin wants to destroy Ukraine as a state and Ukrainians as a nation. But the people of Ukraine and its Armed Forces have radically changed the plans of the Kremlin. Now they are preoccupied with finding a solution how to get out of this war so that it does not look like a complete military defeat.
Russia's military invasion of Ukraine really happened. Putin launched the most brutal and bloody war since the Second World War in the center of Europe. Of course, his goals are quite simple: it is the seizure of the territory of Ukraine and the extermination of the pro-Ukrainian population of Ukraine. In the 21st century, this sounds at least monstrous and should be sharply condemned by civilized society.
Now, in case the invasion can push through in time for the Winter Olympic in China...will this be a big factor to further dampen the cryptocurrency market or will it be an impetus for it to bounce back?
Or sanctions from all countries...Already sanctions are pouring in… and more. The Western powers that be are leaning on Putin indirectly. And what's more, UK are sending war choppers into Ukraine for reinforcements. And they are promising much more war supplies. I think Putin and Russia would be forced to either stand down or do their worst
I wish it would all be over soon. In the 21st century, such conflicts simply cannot be allowed.Everyone has tried their best to be able to participate in reconciliation, but everyone is always constrained by each one feeling that is right, because if there is no sense of mutual respect, there will be no common ground for peace. indeed not an easy thing to do when coupled with the many participating in the conflict.
I wish it would all be over soon. In the 21st century, such conflicts simply cannot be allowed.It is hardly possible to call the current full-scale military invasion of Russia into the territory of Ukraine with the help of eight of its armies just a conflict. This is the largest and bloodiest war on the territory of Europe since the Second World War. Moreover, the publicized reason for Russia's attack that Ukraine poses a military threat to it is absolutely far-fetched. Russia commits aggression in order to seize the territory of a neighboring state. Therefore, there can be no options on the part of Ukraine other than protecting its independence. If Ukraine stops hostilities, it will disappear as an independent state. If Russia stops hostilities, then peace will come.
In the war between Russia and Ukraine, the situation is different than you imagine. Putin still does not want any other peace agreements, except for territorial concessions from Ukraine. The Russian Federation has already included the occupied territories of Ukraine into its legislation as its territories. What kind of peace on the part of Ukraine can then be discussed? Moreover, the Russian Russian invaders massively rob, rape and kill civilians, fire cruise missiles at the energy infrastructure of Ukraine. Therefore, the Armed Forces of Ukraine not only adequately repulse the invaders, but also inflict a crushing defeat on the fronts. Putin does not understand other arguments than the arguments of force. Everything else he evaluates as a sign of weakness and an excuse to increase pressure in order to achieve the desired results. Ukraine has no choice but to defend its freedom and independence on the battlefield.I wish it would all be over soon. In the 21st century, such conflicts simply cannot be allowed.Everyone has tried their best to be able to participate in reconciliation, but everyone is always constrained by each one feeling that is right, because if there is no sense of mutual respect, there will be no common ground for peace. indeed not an easy thing to do when coupled with the many participating in the conflict.
no one is capable of solving this if it's not for them to want to sit down and solve it together, but we must be optimistic that peace must be a priority.
The Russian invasion of Ukraine was not a factor in changes in the price of Bitcoin and other Cryptocurrencies, what could have an effect on changes in the prices of Bitcoin and Cryptocurrencies is the use of Bitcoin and other Crypto in the countries involved in the war conflict. It is said that both Russia and Ukraine are currently accepting donations in the form of Cryptocurrencies, be it Bitcoin, Ethereum or other Crypto coins.Interestingly, Russia, as an aggressor and recognized by the European Parliament as a terrorist country, is someone else donating cryptocurrency so that it bombs and shells the peaceful cities of Ukraine even more? It is estimated that in just one day of rocket attacks on Ukraine, Russia spent between $400 million and $700 million. At the same time, in Russia itself, citizens live quite poorly. But such resources are spent on capturing a neighboring country.
It is unlikely that this situation in Ukraine has affected the cryptocurrency, this situation has affected everyone. Only now prices in all countries have increased for this or that product and the cryptocurrency is falling.
The Western powers that be are leaning on Putin indirectly. The US now have plans to send warheads to Ukraine or even launch some to Russia and the UK are sending war choppers into Ukraine for reinforcements. And they are promising much more war supplies.I do not know what your opinion is based on that Western states are indirectly relying on Putin, and also that the United States can supply warheads to Russia. The countries of Europe and the United States today are practically unanimous in the opinion that Russia should not win this war and that they will provide any assistance to Ukraine for this as long as it is necessary for its victory.
I don't think that the special operation has greatly affected the cryptocurrency market. Rather, this is due to an increase in rates on the stock marketUnder the term “special operation in Ukraine,” the Putin regime is covering up from its citizens the most common and brutal full-scale war of conquest, the purpose of which is the destruction of Ukraine as a state and Ukrainians as a nation. This has always been called a war. But Putin is used to constantly lying and calling things and events different No special operation can last almost two years and incur losses for the Russians of 350 thousand military personnel, more than 5,800 tanks, about 10,800 armored vehicles, over 8,200 artillery systems, 928 MLRS, 324 aircraft, and so on.
Both sides are exhausted . But unfortunately, the goals of this special operation are unclear, and the further we go, the more we see an unwillingness to make peace and sit down at the negotiating table.The invasion of the main military forces into the territory of another state in order to subjugate it to their will has always been called war and will be called so, despite the fact that Putin and his supporters are in another virtual world and, in order to convey their true intentions, they call things by other names.
The military invasion can only be stopped by retaliatory counter-actions, negotiations with Russia with calls to end the war will not lead to success, unfortunately.Putin sometimes says that Russia is always open to negotiations, but by this he means only Ukraine's offer of surrender. He is not thinking about any real negotiations. And such terms of negotiations are unacceptable for Ukraine. In addition, at the legislative level in Ukraine it was decided not to enter into any negotiations with Putin, because he never keeps his promises. Negotiations are possible only with his adequate successor.
Russia actually wants peace and doesn't want to cause a commotion that causes a nuclear war, but as usual, America often triggers wars and even influences other countries to start wars, including influencing Ukraine. With the occurrence of war, the purchase of war equipment will increase, and it seems that there is someone who arranged all this so that every country started buying war equipment. Imagine when war equipment is bought and destroyed, then the money used is meaningless, even cryptocurrency.The military invasion can only be stopped by retaliatory counter-actions, negotiations with Russia with calls to end the war will not lead to success, unfortunately.Putin sometimes says that Russia is always open to negotiations, but by this he means only Ukraine's offer of surrender. He is not thinking about any real negotiations. And such terms of negotiations are unacceptable for Ukraine. In addition, at the legislative level in Ukraine it was decided not to enter into any negotiations with Putin, because he never keeps his promises. Negotiations are possible only with his adequate successor.
Ukraine intends to negotiate on the basis of compliance with the principle of inviolability of borders and does not intend to make any territorial concessions. This means that the fighting, which has been going on for almost two years, will continue.
You probably forgot that it was Russia that attacked Ukraine and is trying to occupy its territory, destroying Ukrainian cities along the way and killing civilians. If Putin wants peace, he can end the war any day if he orders the withdrawal of Russian troops from Ukraine. Ukrainians are only defending their freedom and independence. They have no other choice than to defend themselves by killing the Russian occupiers who came with weapons in their hands.
Russia actually wants peace and doesn't want to cause a commotion that causes a nuclear war, but as usual, America often triggers wars and even influences other countries to start wars, including influencing Ukraine. With the occurrence of war, the purchase of war equipment will increase, and it seems that there is someone who arranged all this so that every country started buying war equipment. Imagine when war equipment is bought and destroyed, then the money used is meaningless, even cryptocurrency.
It will have a strong impact on the purchase of all cryptocurrencies on the market because countries in conflict definitely need tools to defend and attack, such as guns, cannons and various weapons of war.Not anymore now. There was an initial bearish effect on the crypto market, but the said market has rallied around, and now the war is almost 2 years, the effects can be said to be negligible for now. Also the Russian government was getting funding via crypto from some organizations. So that is the reason the US SEC is this tough in crypto
If an invasion or coup occurs, etc., commodity prices from various sectors could increase due to high demand for war supplies.
Cryptocurrency is a decentralized financial sector and does not have restrictive regulations (it is not centralized).
If a terrorist state, which is Russia, receives financial assistance to wage a war in cryptocurrency, then of course such transactions will be under the close scrutiny of the relevant US structures. After all, this has signs of terrorist financing.It will have a strong impact on the purchase of all cryptocurrencies on the market because countries in conflict definitely need tools to defend and attack, such as guns, cannons and various weapons of war.Not anymore now. There was an initial bearish effect on the crypto market, but the said market has rallied around, and now the war is almost 2 years, the effects can be said to be negligible for now. Also the Russian government was getting funding via crypto from some organizations. So that is the reason the US SEC is this tough in crypto
If an invasion or coup occurs, etc., commodity prices from various sectors could increase due to high demand for war supplies.
Cryptocurrency is a decentralized financial sector and does not have restrictive regulations (it is not centralized).
It will have a strong impact on the purchase of all cryptocurrencies on the market because countries in conflict definitely need tools to defend and attack, such as guns, cannons and various weapons of war.Perhaps at the beginning of the invasion, there was a fear that there would be an embargo, so it would clearly have a strong impact on purchasing crypto currency in anticipation that if it was needed later, it could be used to purchase all kinds of commodities that did not require local money because of the embargo. So you are right that crypto is not centralized and easy to use if there are problems with transactions with local currency, but that was the beginning of the invasion. It seems that now the Russian invasion of Ukraine has anticipated this and there will be no problems, so the impact of the current invasion This is no longer felt in crypto.In principle, every time there is a conflict in a country where an embargo occurs, the solution is that the use of crypto will increase to anticipate problems that might occur.
If an invasion or coup occurs, etc., commodity prices from various sectors could increase due to high demand for war supplies.
Cryptocurrency is a decentralized financial sector and does not have restrictive regulations (it is not centralized).
So far we see that Russia as a state does not use cryptocurrency in its trading operations on the international market. Due to sanctions imposed on it for waging an aggressive war in Ukraine, it is deprived of the opportunity to use the dollar, euro and other currencies that are widely used in the international market. The state does not want to take the Russian ruble, so Russia, while supplying its products, tried to take it with national money, such as the Chinese yuan and the Indian rupee. But big problems arose with this, since not in all cases the Chinese yuan is accepted by other states, and the rupee in large quantities has become impossible to withdraw from India. But even after such problems, Russia did not switch to payments in cryptocurrency, because this requires the consent of the trading partner country.It will have a strong impact on the purchase of all cryptocurrencies on the market because countries in conflict definitely need tools to defend and attack, such as guns, cannons and various weapons of war.Perhaps at the beginning of the invasion, there was a fear that there would be an embargo, so it would clearly have a strong impact on purchasing crypto currency in anticipation that if it was needed later, it could be used to purchase all kinds of commodities that did not require local money because of the embargo. So you are right that crypto is not centralized and easy to use if there are problems with transactions with local currency, but that was the beginning of the invasion. It seems that now the Russian invasion of Ukraine has anticipated this and there will be no problems, so the impact of the current invasion This is no longer felt in crypto.In principle, every time there is a conflict in a country where an embargo occurs, the solution is that the use of crypto will increase to anticipate problems that might occur.
If an invasion or coup occurs, etc., commodity prices from various sectors could increase due to high demand for war supplies.
Cryptocurrency is a decentralized financial sector and does not have restrictive regulations (it is not centralized).
The terrorist war launched by Russia against Ukraine has no significant and direct impact on cryptocurrency.The transfer of funds from national money and, above all, from rubles to cryptocurrency, may now be happening, but not at the level of states, but at the level of Russian citizens. But in Russia itself it is unlikely that such statistics will be published. Everything that does not contribute to the propaganda of war and the far-fetched stabilization and development of the economy is prohibited or hidden there. But such a process must take place, if only because many Russian citizens are leaving their country and exporting their capital. And the best way to do this is in cryptocurrency.
I was watching the market, and I assumed that the economic destabilization on a global scale, which became the cause of economic terrorism of russia in some markets (primarily - oil and gas market), could provoke the withdrawal of funds to "safe havens" such as gold and, I assumed, cryptocurrencies. But as practice has shown, the world economy, this time and in this situation, did not consider cryptocurrencies as the "safe haven" to wait out the "economic storm on the planet".
The terrorist war launched by Russia against Ukraine has no significant and direct impact on cryptocurrency.The transfer of funds from national money and, above all, from rubles to cryptocurrency, may now be happening, but not at the level of states, but at the level of Russian citizens. But in Russia itself it is unlikely that such statistics will be published. Everything that does not contribute to the propaganda of war and the far-fetched stabilization and development of the economy is prohibited or hidden there. But such a process must take place, if only because many Russian citizens are leaving their country and exporting their capital. And the best way to do this is in cryptocurrency.
I was watching the market, and I assumed that the economic destabilization on a global scale, which became the cause of economic terrorism of russia in some markets (primarily - oil and gas market), could provoke the withdrawal of funds to "safe havens" such as gold and, I assumed, cryptocurrencies. But as practice has shown, the world economy, this time and in this situation, did not consider cryptocurrencies as the "safe haven" to wait out the "economic storm on the planet".
The transfer of funds from national money and, above all, from rubles to cryptocurrency, may now be happening, but not at the level of states, but at the level of Russian citizens. But in Russia itself it is unlikely that such statistics will be published. Everything that does not contribute to the propaganda of war and the far-fetched stabilization and development of the economy is prohibited or hidden there. But such a process must take place, if only because many Russian citizens are leaving their country and exporting their capital. And the best way to do this is in cryptocurrency.A very possible option is to use cryptocurrency, but it should be noted that other countries must be able to accept the fact of using Russian currency to carry out oil purchase transactions in Russia because cryptocurrency price movements are not always good and are very risky because the price is very fluctuating.
The Russians invading Ukraine has taken different angles now. Russians now even accept crypto payments bypassing the economic embargo that the US and the Western world placed on it. So those the US SEC is now reigning in now hard on crypto as we see
The Russians invading Ukraine has taken different angles now. Russians now even accept crypto payments bypassing the economic embargo that the US and the Western world placed on it. So those the US SEC is now reigning in now hard on crypto as we seeThere is no other choice but to use Cryptocurrency because so far the best way when it is prohibited to use USD to purchase basic necessities in Russia is to implement Cryptocurrency as an alternative payment that can make transactions easier. With this policy, it should be able to provide benefits for Cryptocurrency users because the exchange value will definitely increase to become very expensive.
But Russia has passed a law that prohibits the use of cryptocurrency as a means of payment. The Kremlin will not deviate from this position and will not allow ordinary citizens to freely move the capital that the Kremlin needs to finance the war in Ukraine.The Russians invading Ukraine has taken different angles now. Russians now even accept crypto payments bypassing the economic embargo that the US and the Western world placed on it. So those the US SEC is now reigning in now hard on crypto as we seeThere is no other choice but to use Cryptocurrency because so far the best way when it is prohibited to use USD to purchase basic necessities in Russia is to implement Cryptocurrency as an alternative payment that can make transactions easier. With this policy, it should be able to provide benefits for Cryptocurrency users because the exchange value will definitely increase to become very expensive.
The war is taking long but the people of Ukraine is still fighting for their rights , Russia have shown their power yet the opposing country is standing strong .(https://www.gzeromedia.com/media-library/is-putin-going-to-invade-ukraine.png?id=27980825&width=600&coordinates=0%2C97%2C0%2C80&height=300)
The war is taking long but the people of Ukraine is still fighting for their rights , Russia have shown their power yet the opposing country is standing strong .
the effect in crypto is just a short period because looking in to it now? the war is still on but the crypto market is showing strong movement specially now 2024 that the climbing is continuing opposite for what we expect that may dump in the early month.
In the war against Ukraine, Russia demonstrated its weakness, not its strength. All states, without exception, were confident that in a short time Russia would capture Kyiv and the entire territory of Ukraine. But that did not happen. Due to the massive invasion of armored vehicles simultaneously from the north (from the territory of Belarus), east and south, in the first days Russian troops were even able to approach the outskirts of Kiev, but then received such a rebuff that after two months they were forced to hastily withdraw their half-defeated armies from the northern and central parts of Ukraine. After this, the Ukrainian Armed Forces liberated more than 50 percent of the occupied territory of Ukraine and continue to provide worthy resistance to the aggressor.
The war is taking long but the people of Ukraine is still fighting for their rights , Russia have shown their power yet the opposing country is standing strong .
the effect in crypto is just a short period because looking in to it now? the war is still on but the crypto market is showing strong movement specially now 2024 that the climbing is continuing opposite for what we expect that may dump in the early month.