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So , you really think that because investors are withdrawing their money that this is the possible causes of the crash of this crypto-currency we are experiencing now ? For me I don't think so , I believe all these things are following a set up algorithmThough the crypto currency market is a high volatility Market but I don't think most investors are ready to withdraw all of their funds from the Crypto currency, as this would only be the time when the crypto currency would have the tendency to become valueless.
Of course people in those countries would want to withdraw their Bitcoin or any other cryptocurrency and this would cause it to fall. But when everything blows over it will always riseLet us know what you think.
Most of the time , the on going war or war generally have positive or negative effect on the price of crypto currency but the most effect of the war is always negative on the coin.I don't think the war in and of itself can impact crypto. It is what the governments decide to do and if they try to change anything in terms of laws or regulations.
That is what lots of persons have been saying about the cryptocurency trading platform,because the volatility in the market can just happened suddenly and the value will just go into a big dip like what we are experiencing now.It's no secret that Bitcoin, along with the majority of other cryptocurrencies, is going through a severe decline. What began as a tiny collapse at the outset of the process evolved into a spiral of price declines and crashes that seemed to go on forever. It would be normal for them to crash, as well. Bitcoin is the leading digital currency in the world, something totally new. People don’t just start to have faith in Bitcoin but also in this new kind of payment possibility. And every currency needs to give trust to the people because they Need to have faith in that there will be a opposite real worth of the currency. You Need to know that your money is still worth , otherwise you wouldn’t Trust it and you wouldn’t use it.
The two countries fighting the war use cryptocurrency the more because they were sanctioned and the only way to get funded is through the cryptocurrncy , probably they use mostly the Bitcoin.It's normal for every crypto currency coin to rise and fall due to the volatility of the market , and since the war is inevitable , it can as well affect the investment of crypto currency by people thereby making bitcoin to depreciate .
I've seen both Russia and Ukraine use cryptocurrency during the war , Because that is the only way that they're using to receive funds from external sources. The Russian government now legalizes cryptocurrency.The two countries fighting the war use cryptocurrency the more because they were sanctioned and the only way to get funded is through the cryptocurrncy , probably they use mostly the Bitcoin.