price: Crypto sanctions 2022 and theirs impact on the crypto market.

price: Crypto sanctions 2022 and theirs impact on the crypto market.

< Show Wisdom Collection: Crypto sanctions 2022 and theirs impact on the crypto market.article avatarDavid Emmanuel

Am a crypto enthusiastic

How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.

The sanctions on crypto will definitely bring about volatility index to the market as some investors will be forced to pull out from the Crypto investment. More attention have been focused on the Binance Exchange as it is the biggest Crypto exchange in the world as of this moment so more attention will be paid to the platform by the government and other institution who already made their stance against the crypto sectors using it as a means of escaping the traditional sanctions.

How crypto sanctions can influence the market? Do you think they will stop crypto growth?

Yes, the sanctions on cryptocurrency will definitely affect the growth of the Crypto industry as investors won't want to invest in some projects especially the ones who are just coming up

Did any crypto sanctions affect you personally, yet? If yes, how?

The Crypto sanctions had affected me especially as some of the token am hodling have dip beyond the price I bought. The present situation in market is frustrating as the bearish keep going

article avatarShaun Meyer

crypto trader

How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.

It affect the market by imposing restrictions on buying or selling crypto probably and most likely people in Russia/Ukraine and surrounding areas it won’t necessarily drive the price down it jus lt won’t go up because no one can buy. People with the ruble are seeing devastating drops their money is essentially worthless and turning to crypto would be a great idea but the governments won’t allow it for me I don’t know why because it will help the economy and anyways the United States is buying millions of dollars worth of oil daily to fuel the war so why not let them buy crypto currency’s to help the families who are struggling.

How crypto sanctions can influence the market? Do you think they will stop crypto growth?

Yes crypto sanctions will stop crypto growth . The market caps of the coins will not grow due to restrictions in Russia Ukraine and surrounding areas. Why not let the people buy crypto to help their families in this server time to replace the ruble it will only help them, the United States is already buying millions of dollars of oil from Russia to fuel the war.

Did any crypto sanctions affect you personally, yet? If yes, how?

No the crypto sanctions did not affect me yet and hopefully they do not in the future I believe it will only help in the future because we are goin to have a global financial reset to have crypto as the main currency

article avatarSupri Hadi

I like cuan

How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.

My opinion,Not significant the affect of crypto market.. And maybe, the metaverse sectors will be blocked because see on average where the crypto is born.

How crypto sanctions can influence the market? Do you think they will stop crypto growth?

Many investors are afraid of these sanctions and will prefer to hold cash.. No, I think not. Crypto is a technolgy and a way of transacting in the future

Did any crypto sanctions affect you personally, yet? If yes, how?

Yes I did, Because I invest my money in several cryptocurrencies and if the price continues to fall then I am worried that the losses will deepen

article avatarJason Argo

art

How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.

It's going to cause fear and an initial knee jerk reaction to price action. I think it could effect decentralized finance in unseen ways. It's not clear how on ramp and off raming fiat will work.

How crypto sanctions can influence the market? Do you think they will stop crypto growth?

It's going to effect price action negatively. It probably will set growth back but not stop it. Things like defining terms like crypto is going to be a good start.

Did any crypto sanctions affect you personally, yet? If yes, how?

The fear already apparent in the market had effected my portfolio quite a bit. The ripple/sec case is effecting my xrp holdings. I expect it will effect them further when introduced.

article avatarJansugi Goguadze

Driver

How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.

Hello. I think the sanctions will affect the crypto market. It has already started. Initially prices will fall. Once Russia faces banking problems, they will not be able to make the money bank transfer. Citizens will be forced to buy Bitcoin or even Ripley for a quick transfer. Which will lead to an increase in prices. But also the attitude of the big exchanges towards the Russian consumer. Some exchanges have refused to provide services to Russians, which also has a negative impact on cryptocurrency prices. I think you can not invest in Russian brokerage companies now, there is a big risk that they will go bankrupt. Russia ocupant.

How crypto sanctions can influence the market? Do you think they will stop crypto growth?

I do not think crypto sanctions are right, because by doing so the state will try to tax the user. If tougher sanctions are imposed on crypto it will certainly stop price increases. The user will be scared not to control his finances. That's why they are less likely to enter the exchanges and mostly use cold wallets.

Did any crypto sanctions affect you personally, yet? If yes, how?

Yes it caused me a decrease, the prices went down, my amount was reduced by 70 per cent. It is very difficult and painful. I no longer trust the centralized stock exchange. I prefer a cold wallet. For example a trust wallet.

article avatarHenry Cooper

Author

How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.

All crypto can be blocked except for bitcoin which has no person or company to turn off the blockchain. For example Etherium is controlled by Vitalik and his Insider investment and marketing team. The whole blockchain is run on a platform called Infura which is controlled by one of the first investors in the coin. All the government has to do is make a phone call to Infura, AWS who runs it or call Vitalik himself and tell him to turn it off. The same goes for the other 15,000 altcoins who have investors, marketing teams etc. Only Bitcoin will be left standing in the future as it can not be turned off.

How crypto sanctions can influence the market? Do you think they will stop crypto growth?

The governments are scared of crypto so they will do everything they can to destroy it. That's why any coins that are not decentralized will be shut off.

Did any crypto sanctions affect you personally, yet? If yes, how?

I haven't been greatly affected by the sanctions except for the drop in price because of the war and the fear mongering of the media which amplified the situation even more.

article avatarMuhammad Irfan

Crypto enthusiast

How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.

obviously the sanctions are very influential, because some crypto lovers there are panic selling their assets causing a large price drop, because most of the main market is in Russia

How crypto sanctions can influence the market? Do you think they will stop crypto growth?

due to panic selling especially the Russian population, I think crypto will increase if the conflict is over, and I'm sure it will grow again with time

Did any crypto sanctions affect you personally, yet? If yes, how?

obviously there are many, I have several coins such as btc, eth, bnb, and other tokens, in a week my assets minus almost 40%, that's because all crypro assets have decreased in price due to conflict

article avatarKripto Man

Cryptocurrency & DeFi Expert

How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.

This affects crypto very badly in terms of price. Due to sanction, people in Russia can not access to some certain destination where crypto tradings take place, for examples excahnges like coinbase.

How crypto sanctions can influence the market? Do you think they will stop crypto growth?

Sanctions can be bad to the market, but also good in long term. Sanctions like banning Russian people's bank accounts will urge them to acces another secure and decentralized store of value or payment options like bitcoin or other p2p options.

Did any crypto sanctions affect you personally, yet? If yes, how?

Yes they did affect my crypto holding portfolio aganist value in USD. However, in long term, this will become an oppurtunity for those who HODL hard times.

article avatarVision N

Full Stack Developer / Crypto / Blockchain

How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.

Once the sanctions are imposed on one country, the crypto world can't be an exception to get affected. Currently, the USA and EU countries are there to issue sanctions on Russia and it does make huge sense because the USA has been using sanctions as a powerful diplomatic tool to change the behavior of a particular nation as the dollar is the world’s reserve currency for the worldwide payment. Now, crypto holders from Russia are getting restricted on a popular platform like Coinbase and other CEXes, definitely, it can give negative impressions to the traders/investors from the affected country. There are growing discussions about whether crypto can be used as a hedge against inflation or not but if we locate the past incident when Russia evaded Crimea, there was sanction imposed by the USA to cost billions of dollars annually but prices of crypto and other digital assets got ballooned that was good news for Russia. Currently, the crypto market is again following the bullish trend which means investors are pouring a huge amount in digital assets to protect their losses. So, sanctions will have both positive and negative impacts on the crypto market.

How crypto sanctions can influence the market? Do you think they will stop crypto growth?

Sanctions generally create a fear state in the market and retail investors might rush away to cash out by selling their crypto assets to find other reliable things to invest in. Sanctions may not stop the growth of crypto because they can be heavily used for the cross-border payment system when other payment methods are not working.

Did any crypto sanctions affect you personally, yet? If yes, how?

Yes, the price of some crypto tokens from the projects based on the sanctions-imposed country is heavily decreased. The market is exhibiting downtrends for such tokens.

article avatarjadiduit95

How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.

stop it and remove it from the big market so as not to damage the other crypto it is exchanged for, I hope there is a certain policy for each project with the intent to damage the market price

How crypto sanctions can influence the market? Do you think they will stop crypto growth?

it is very clearly detrimental to the growth of crypto, especially bitcoin and ethereum because these projects are usually too fast to share with users instantly

Did any crypto sanctions affect you personally, yet? If yes, how?

there must be a strict criminal action related to crypto. especially the exchange market platforms should be delisted or other sanctions, because it will damage the investment if I hold the crypto for a long time

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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