Russia VS Ukraina make Bitcoin Dump ??

[Astra]

Russia is clearly at a time like this very much needed by European countries, with their oil and gas. because they are the most potential shippers to the European region, where the role of Arab countries with their oil has begun to diminish.
As a result of oil and gas, there is quite a serious inflation and it also indirectly affects the decline in crypto prices.[/size]

It is strange to constantly read the opinion that Europe needs Russia with its oil and gas supplies, when European countries have announced since the beginning of the year that they intend to completely abandon Russian energy sources due to the fact that it uses them as a weapon and blackmail under pressure to Europe. European countries are gradually reorienting themselves to other suppliers and switching to alternative energy sources, and therefore Russia completely and most importantly, forever, loses the possibility of further pressure on Europe.
In addition, the Russian Nord Stream 1 and Nord Stream 2 were blown up a few days ago, and these projects for gas supplies bypassing Ukraine may be buried forever, since now salty sea water is flowing into the pipes, which will cause corrosion and unsuitability of them for operation. By attacking Ukraine, Russia is rapidly losing its influence in the world, while at the same time destroying itself as a single state.

[Bobcrypto]

The war between Russia and Ukraine has no more effect on the crypto market (eg Bitcoin). At the beginning of the war, it gave the market some boost but later deminish to the current trends. As a of matter facts, before the war, Bitcoin has also being experiencing bear run and the Russia war with Ukraine is a different factor, and I think there will always be Bull or Bear market respective of any war or disaster.

[yohananaomi]

Russia is clearly at a time like this very much needed by European countries, with their oil and gas. because they are the most potential shippers to the European region, where the role of Arab countries with their oil has begun to diminish.
As a result of oil and gas, there is quite a serious inflation and it also indirectly affects the decline in crypto prices.

It is strange to constantly read the opinion that Europe needs Russia with its oil and gas supplies, when European countries have announced since the beginning of the year that they intend to completely abandon Russian energy sources due to the fact that it uses them as a weapon and blackmail under pressure to Europe. European countries are gradually reorienting themselves to other suppliers and switching to alternative energy sources, and therefore Russia completely and most importantly, forever, loses the possibility of further pressure on Europe.
In addition, the Russian Nord Stream 1 and Nord Stream 2 were blown up a few days ago, and these projects for gas supplies bypassing Ukraine may be buried forever, since now salty sea water is flowing into the pipes, which will cause corrosion and unsuitability of them for operation. By attacking Ukraine, Russia is rapidly losing its influence in the world, while at the same time destroying itself as a single state.

Of course it's great that if Europe isn't going to be so dependent on Russian oil and gas, that's very good news.
I see from the European side that currently experiencing inflation, it could also be because commodity prices are all increasing because the supply of oil and gas is already running low, so many companies cannot operate properly.
This also ultimately resulted in crypto being affected by a prolonged slump although this may not be one of the factors.
the invasion is clearly not justified, hopefully peace can be realized soon so that everything can run normally and no one is harmed.


#NoWAR
#PEACE

https://apnews.com/article/russia-ukraine-putin-germany-european-union-553209d62edd0f925a3e2af00abada74

https://www.pbs.org/newshour/world/europe-is-facing-an-energy-crisis-as-russia-cuts-gas-heres-why

https://econofact.org/the-role-of-energy-markets-in-the-war-in-ukraine

[Zezari]

This means that the global crisis and the fall of the market, but not all of the necessary goods will grow because they are not related to one market turns out. If we talk about the cryptocurrency market, of course, the decline will continue.

[Noverteno]

The war between Russia and Ukraine has no more effect on the crypto market (eg Bitcoin). At the beginning of the war, it gave the market some boost but later deminish to the current trends. As a of matter facts, before the war, Bitcoin has also being experiencing bear run and the Russia war with Ukraine is a different factor, and I think there will always be Bull or Bear market respective of any war or disaster.

More than 50 states are directly or indirectly involved in the war between Russia and Ukraine, since they help Ukraine to repel the attack of a stronger aggressor to varying degrees. Also, of course, states lose in material terms both from the sanctions they impose and from violations of the established chains of sanctioned goods. Against the background of the continuing negative impact on the global economy from the coronavirus pandemic, all this worsens the level of material security and solvency of citizens. People will invest less in cryptocurrencies and spend more on meeting the minimum needs, as inflation has risen a lot. Therefore, the war unleashed by Russia continues its negative impact on the whole world.

[Callisto]

Such a comparison, I don’t see any connection here at all. On the contrary, when people and the population get poorer, they begin to look for additional ways to earn money and this almost always leads them to the world of cryptocurrency, because of this, new players in the market and investors appear, the price tag should rise and not fall, if you talk like that, because unemployment flooded both sides, people found themselves without their usual work and earnings.

[yohananaomi]

The war between Russia and Ukraine has no more effect on the crypto market (eg Bitcoin). At the beginning of the war, it gave the market some boost but later deminish to the current trends. As a of matter facts, before the war, Bitcoin has also being experiencing bear run and the Russia war with Ukraine is a different factor, and I think there will always be Bull or Bear market respective of any war or disaster.

More than 50 states are directly or indirectly involved in the war between Russia and Ukraine, since they help Ukraine to repel the attack of a stronger aggressor to varying degrees. Also, of course, states lose in material terms both from the sanctions they impose and from violations of the established chains of sanctioned goods. Against the background of the continuing negative impact on the global economy from the coronavirus pandemic, all this worsens the level of material security and solvency of citizens. People will invest less in cryptocurrencies and spend more on meeting the minimum needs, as inflation has risen a lot. Therefore, the war unleashed by Russia continues its negative impact on the whole world.

In fact, the war that took place had a profound impact on the civilians in both countries, because they were the ones who directly experienced the effects of the war. Ukrainian civilians were directly affected by the war and Russian civilians were directly affected by the embargo imposed by European countries and partners.
So it is clear that the people who are hit in terms of Russian intervention are civilians and this is clearly sad.


It is clear that crypto for intervention is not directly affected but due to the intervention that creates an embargo that makes the world experience high inflation and many countries are directly affected resulting in reduced purchasing power which has an immediate clear impact on crypto.
this will continue if there is no peace and can be resolved well, not an easy thing and very difficult because the ego will be able to overcome everything.


I agree with the colleagues above, that after the world was hit by a prolonged covid pandemic and now coupled with inflation which resulted in many countries having difficulty providing a decent living for their people. Of course this is something that we don't want, hopefully the world can be excited again and the economy can move forward even though it's not easy to do but we must always be optimistic

[Google+]

Supposedly the current war can make everyone aware that cryptocurrency will not guarantee prosperity, when the world is being destroyed and there are many wars going on, the internet and electricity networks will be difficult to obtain so that it will make the circulation of cryptocurrencies stop and will disappear.

[Noverteno]

Supposedly the current war can make everyone aware that cryptocurrency will not guarantee prosperity, when the world is being destroyed and there are many wars going on, the internet and electricity networks will be difficult to obtain so that it will make the circulation of cryptocurrencies stop and will disappear.

Yes, big and long wars are always great material destruction and human grief. This is a violation of supply chains and communications. Violation of the habitual way of life. We see that in areas where there are intense hostilities, people are left without electricity, heat, water and, of course, the Internet. Therefore, cash and even barter are the most circulated there. The war clearly does not stimulate the growth of interest in cryptocurrency and its prices.

[Alcor]

The general decline of the world economy, including the cryptocurrency market, is affected not only by the war unleashed by Russia in Ukraine.
Thus, the International Monetary Fund downgraded its forecast for the global economy for 2023, citing a long list of threats, including Russia's war against Ukraine, chronic inflationary pressures, tight interest rates and the lingering effects of a global pandemic.
A credit agency from 190 countries has predicted that the global economy will grow by just 2.7% next year, compared with 2.9% estimated in July. The IMF left unchanged its forecast for international growth this year at a modest 3.2%, a sharp slowdown from last year's 6%.
But the worst is yet to come. The three big economies of the US, China and Europe are shutting down. Countries that account for a third of global economic output will “sink” next year, indicating that 2023 will “feel like a recession” for many people around the world.
The cryptocurrency market reflects the general state of the world economy, although there are also different opinions on this matter.

[therozaq]

Yeah, I think recession is the reason why global economic down.
But it's also cause of the bearish market before bitcoin halving.
Russia and Ukraine war, I think it's not the main factor.
We have  read the prediction we will see the big recession in the next year.
Hopefully it will never happen

[Cadaver20]

Russia invaded Ukraine the same day OP wrote this post. And we can see in the chart that Bitcoin has already dumped. I think this dump is for a bear market. But due to the war the economic condition of the whole world worsened, gold and bitcoin were dumped even more. But the hope is that there is a little green signal in the crypto market now.

[Zezari]

This is all happening to the market because of the situation in Ukraine, they decided that one thing would not hurt the other. It's not bad then the market lives can spoil life for all investors in any situation.

[KryptoBull]

We forgot about this event when considering the volatility in the crypto market. Many feared that the war caused the market to drop, but its impact was less than that of UST-LUNA. The market has its own cycle!

[Afony]

The war could also affect the volatility of the market due to a decrease in investment in cryptocurrency, the market can influence various events. This means that then the market will have to recover for a long time if the war lasts for a long time.