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Author Topic: Putin's Ukraine Invasion: Effect on Cryptocurrency?  (Read 9980 times)

Offline smart_oa

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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #30 on: May 04, 2022, 03:34:32 PM »
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.

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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #30 on: May 04, 2022, 03:34:32 PM »

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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #31 on: May 05, 2022, 07:36:54 AM »
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.

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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #32 on: May 05, 2022, 08:02:55 AM »
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.
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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #33 on: May 05, 2022, 09:54:58 AM »
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.

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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #34 on: May 06, 2022, 05:06:14 PM »
The military-political leadership of Russia has long understood that they made a simply catastrophic mistake by attacking Ukraine. First of all, they did not expect such stubborn resistance from the Ukrainian people and their armed forces, as well as such cohesion of the entire civilized world, which this time united with Ukraine and helps it not only withstand this unequal struggle, but also defeat the "second army of the world."
While we cannot say how this war will affect the cryptocurrency market, but war is always huge destruction and disasters. And this negatively affects all aspects of human life.

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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #35 on: May 07, 2022, 06:08:53 AM »
I think there will be an effect in it for sure just don't know how it will affect the cryptocurrency, aside from the petroleum was affected I don't know in the other things. But I am wishing that in the long there will be peace in between Russia and Ukraine.
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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #36 on: May 10, 2022, 11:55:10 AM »
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.

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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #36 on: May 10, 2022, 11:55:10 AM »


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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #37 on: May 11, 2022, 12:41:06 AM »
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.

It's bearish season mate, that's normal if the crypto market is going down. It will continue until the next year,
I think it's always happened in crypto every 4 years.
So, No worries with this.
Crypto will recover again.

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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #38 on: May 15, 2022, 07:45:14 PM »



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?

I think war between Russia and Ukraine will have effect, also in crypto world.
But It's bearish, So I think that's normal if we see the market struggles.
But If war will happen long time, If will have big effect.
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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #39 on: May 16, 2022, 04:53:33 PM »
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.

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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #40 on: May 16, 2022, 07:14:50 PM »
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.
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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #41 on: May 17, 2022, 02:47:03 PM »
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.

It looks like BTC didn't found its bottom yet. We could see another 40% dump very soon, and if that happens, buying and holding BTC is not a good option right now. I assume most of us here are short-term traders, so buying BTC in this situation could be lethal for a short-term investor. So it will be wise to wait for more dipped entries.
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Offline Alcor

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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #42 on: June 08, 2022, 08:33:06 PM »
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.
But how can Russia have the audacity to ask for help from other countries, because she wants and cannot destroy a peaceful neighboring state? This looks at least very cynical, if true.

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Offline Confero

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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #43 on: June 09, 2022, 04:16:49 PM »
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!

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Re: Putin's Ukraine Invasion: Effect on Cryptocurrency?
« Reply #44 on: June 09, 2022, 06:47:09 PM »
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.
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.

 

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