Coronavirus And The Crypto World.

[yohananaomi]

In the fight between cryptocurrencies and COVID-19, digital assets seem to have the upper hand so far. However, one field where cryptocurrencies have been beaten is their mining process. China, which has about 50 per cent of the mining power, has started selling its mining equipment to the other countries. The country was able to do so much mining because of the cheap electricity. Since the prices of Bitcoin and other cryptocurrencies have fallen very sharply, people are now leaving the blockchain network. Besides this, regulatory authorities are also discouraging the mining process now because the mining rigs could act as a host for the virus.

During pandemic COVID 19,  we saw crypto.had high demand.
I think many new investors started to invest in crypto currency.
that's good for crypto currency world.
But at bearish season, we all see the current market is dumping
But I think It's temporary, market will grow again soon.

theoretically indeed during the covid19 pandemic where all activities to gather in public places at the same time are strictly prohibited and it is advisable to stay at home, activities related to crypto are one alternative that is increasingly being used as a reference to look for busyness while being able to produce.
then it is only natural that it is true that there is a lot of movement in the transactions in crypto, as well as a lot of new investors starting to join.


but sadly, this along with a prolonged correction has taken place, making crypto trading less enthusiastic, many are waiting for the situation to recover at this time. however, the bull market situation has been seen but has not fully recovered but gradually a significant change is expected to enter Q2 of this year.

[DAMKAR]

but sadly, this along with a prolonged correction has taken place, making crypto trading less enthusiastic, many are waiting for the situation to recover at this time. however, the bull market situation has been seen but has not fully recovered but gradually a significant change is expected to enter Q2 of this year.[/size]

Yeah, hopefully we will see the crypto market will more grow and touch new ATH at Q2, many investors predicted about several pumps at this year.
Let's see
It will happen at Q2 or Q3, keep hold and  don't sell hasty.
We should be careful.

[alltalk]

Yeah, hopefully we will see the crypto market will more grow and touch new ATH at Q2, many investors predicted about several pumps at this year.

Do you mean Q2 in 2022?
I am not sure if crypto market will grow massively this year, crypto market is in a downtrend phase. I guess crypto market will grow in 2024-2025, it is the right time to expect a big change. Just remember the halving BTC schedule and the time for next Bullrun, everyone knows it will be in 2024-2025.

[Parastatal]

Cryptocurrencies like Bitcoin, however, have been volatile over the past months amid the Covid-19 epidemic. But it's worth noting that their prices are going up again as the pandemic subsides. Many experts say that this is only a temporary setback in the long run and that cryptocurrencies will make a comeback. Crytos has shown such movements in the past also where the price dropped significantly and then rose back.

[pacar_tiri]

Cryptocurrencies like Bitcoin, however, have been volatile over the past months amid the Covid-19 epidemic. But it's worth noting that their prices are going up again as the pandemic subsides. Many experts say that this is only a temporary setback in the long run and that cryptocurrencies will make a comeback. Crytos has shown such movements in the past also where the price dropped significantly and then rose back.

During pandemic we saw cryrpto market was doing well and many new investors went invest in crypto currency.
It's bearish season and maybe will continue until the beginning next year.
But no problem with that. 2023 crypto will start to grow and has bullish at 2024.

[Speaker]

Now there is a strong uncertainty in the world that is projected onto the cryptocurrency market. If you look, we can see how a huge number of projects have appeared and continue to appear that have not yet manifested themselves. Geopolitical events in the world are also not having the best effect. I am sure that everything will be resolved and the cryptocurrency market will still declare itself.

[Noverteno]

The whole world has already forgotten what Coronavirus is, now people are already worried about other problems, and in general, over all these years of the existence of Coronavirus, the cryptocurrency market, on the contrary, has only grown and reached new heights and also many people lost their jobs during Coronavirus and they was investing their money in cryptocurrencies.

Problems are known in comparison. Previously, in Ukraine, every day they filled up with numbers about patients with coronavirus. Moreover, this was presented throughout the country as a whole, and by regions, and in various comparisons with past periods. After the Russian attack, the coronavirus is almost never remembered, although it has not disappeared anywhere. Now every day they announce reports from the front about the number of dead Russians and military equipment of the occupiers. Given the successes of the Armed Forces of Ukraine, this is a more interesting statistic.
It seems to me that the negative role of the coronavirus pandemic in society has been exaggerated with a specific goal, but in most cases the goal is known - money.

[satpol_PP]

In the fight between cryptocurrencies and COVID-19, digital assets seem to have the upper hand so far. However, one field where cryptocurrencies have been beaten is their mining process. China, which has about 50 per cent of the mining power, has started selling its mining equipment to the other countries. The country was able to do so much mining because of the cheap electricity. Since the prices of Bitcoin and other cryptocurrencies have fallen very sharply, people are now leaving the blockchain network. Besides this, regulatory authorities are also discouraging the mining process now because the mining rigs could act as a host for the virus.

Corona virus had bad effect for economic, many people had lost their income.
I think crypto help them to gain another profit by investing and trading.
It's really good way to do.

[Speaker]

I think that the negative effect of the coronocrisis has already been taken into account and is reflected in the market...the recent events related to bankruptcies, as well as geopolitics, have a much more negative impact on him.

[lepbagong]

I think that the negative effect of the coronocrisis has already been taken into account and is reflected in the market...the recent events related to bankruptcies, as well as geopolitics, have a much more negative impact on him.

all aspects will definitely have an impact and it is impossible not to have an impact depending on how big the impact is. but all of that has made a bigger impact, where next year we will enter a world economic crisis. many countries are experiencing financial difficulties, making purchasing power continue to decrease for their citizens, many are unemployed due to bankrupt factories.

[Probal Deep Moran]

Crypto games enable players to earn cryptocurrencies or non-fungible tokens (NFTs) by playing and performing various in-game activities. These digital assets then become the property of the player. They can exchange these assets for other digital assets or fiat currencies in crypto exchanges. Alternatively, they can also trade or sell these assets on online marketplaces.

[Afony]

It's a good idea to attract new investors to the crypto industry, because of the new form of cryptocurrency, there are a lot more investors. Plus, this is huge for cryptocurrencies, there is also free advertising of cryptocurrencies.

[Bliznec]

How is it possible to compare Govid-19 with the crypto market? How can you compare politics with cryptocurrency? Sometimes, sometimes you read this, you awkwardly come to a misunderstanding. In my opinion, there is no Govid-19 disease - this is a step invented by someone. The antivirus does not help cure the disease, which means it's all a bluff. My answer: Govid does not affect the crypto market in any way.

[Afony]

If anything, it was supposed to affect the cryptocurrency as a whole, most organizations went to work remotely, which means there was more time left to see which project to invest in.

[Jaephoenix]

Cryptocurrencies has come a long way. Right from covid pandemic to the Russian Ukraine wars, it has gone through some economic wringers and its still barely treading water. Covid would come and go and crypto would survives