Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Rubel007 on December 06, 2020, 04:48:37 PM
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We are looking the bull run of crypto but is it what condition that people saw in 2017 . How is your opinion about the post pandemic covid-19 situation .
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The epidemic though a curse for life. However, the epidemic for the cryptocurrency market is not an event. Because we have seen a lot of people add to the cryptocurrency market over and over again. The cryptocurrency market has made an improvement since the epidemic. So the epidemic will have no effect on cryptocurrency.
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During the epidemic I saw many projects. Many projects have been forced to close during the epidemic. But that was just acting. At that time there was no situation to stop understanding. Because the market conditions were much better.
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I cannot speculate on the price when the pandemic is not over, but basically ethereum is still having problems with high shipping costs, Ethereum 2.0 has not provided a solution to this problem. It is likely that the price of Ether will go up after the Hardfork is done, but we will look forward to when the developer will do this that.
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We are interested in seeing a bull run in the cryptocurrency market. But when will it be complete. What is increasing the epidemic situation again. The idea of such people. However, the epidemic situation is relaxed around the world. Lots of investment in cryptocurrency, being traded. So I don't think the epidemic will affect cryptocurrency.
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The Covid-19 pandemic is still ongoing because a vaccine for this virus has not been found, the world economy is also in decline. But it seems that this will not have much effect on changes in the price of Crypto including Ether, And I also think that after the Covid-19 pandemic ends, it will also not have a big influence on changes in the price of Crypto including Ether, but certainly if this pandemic ends everything will change for the better good.
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For Bitcoin, actually, the bullish time is really approaching and closed enough to ATH. However, the impact on altcoins is still not really enough. The Altcoins market is still at that rate, rising but not too high and as significant as in 2017. Hopefully this is just a beginning and will rise again
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The epidemic situation could turn around again. But the epidemic in cryptocurrency will never return. Cryptocurrencies will be much more popular around the world. So I think the epidemic situation will not be able to suppress cryptocurrencies.
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This pandemic has nothing to do with the crypto world. It has been clear that during this pandemic, the crypto world still survives, they are still growing and also increasingly approaching the bull run. Moreover, because of this pandemic, many more people and also institutions, governments, companies are seeing this crypto and interested to invest their money in the crypto. Just be patient for the right time of bullish time.
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Outbreaks appear to be exacerbated in some countries around the world. The economies of all these countries have suffered a lot. However, the state of the cryptocurrency market has not changed that much. In other words, the state of the cryptocurrency market has improved a lot. The epidemic did not destroy the cryptocurrency market.
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This epidemic has caused a lot of damage to the world economy as well as the people many projects have been shut down and many people have lost their jobs and become unemployed but crypto has done no harm. Demand for this specialty has grown significantly as a result of recent corporate scandals most traders have opted for crypto and have been able to cope with the crisis.
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I don't think the pandemic has any effect on cypto, I believe the price will increase and demand will be high during the bull run. maybe next year
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Bullrun has come and it's time to wait for new ATH achievements such as prices:
BTC $ 20,089 on December 16, 2017
ETH $ 1,421 on Jan 10, 2018
source: https://cryptorank.io/ath
This year I am still waiting for the date above, whether Bullrun will continue even though the pandemic is not over, or there is a decline in prices, because many countries are already having difficulty preventing the Covid-19 outbreak, so they need fiat money to avoid inflation
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This pandemic has nothing to do with the crypto world. It has been clear that during this pandemic, the crypto world still survives, they are still growing and also increasingly approaching the bull run. Moreover, because of this pandemic, many more people and also institutions, governments, companies are seeing this crypto and interested to invest their money in the crypto. Just be patient for the right time of bullish time.
In our world, everything is interconnected. The coronavirus pandemic and especially the unprecedented measures to combat it have had a profound impact on people's lifestyle and material well-being. This is also reflected in the cryptocurrency market. However, the impact of the pandemic is mixed. In March, when all governments first started talking about the coronavirus, prices in the cryptocurrency market plummeted. However, in the future, due to the fact that people began to stay at home more, interest in cryptocurrency increased. The threat of the onset of the global economic crisis and the rise in inflation stimulated an increase in investment in cryptocurrency. This process is likely to continue.
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After Pandemic Covid-19 does not affect the crypto market, in 2017, there was no solid reason to grow crypto prices, just was hype, and the price went more than $20000 BTC and ETH $1400. Still, after Covid-19, the demand for cryptocurrency increased most of the companies adopting cryptocurrency. Most of the big projects launched in the crypto industry on Etherium blockchain and also ETH launched for staking reward 2.0, so I hope the price of Ether will reach more than $1000.
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Covid 19 still spreading all over the world but still not only eth but the whole crypto market has shown significant improvements till now. Especially recent DeFi hype and NFT demands bring many new projects and unique ideas to the market. ETH is in pick and doing very well but still far away from its ATH.
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The year 2017 saw Bitcoin getting into the $20K zone but then the following year we dramatically entered the winter stage where price of Bitcoin went as below as $3K. Many of the investors who entered BTC at its highest came down with sorry faces. Now, I am sure many are thinking: Will there be the same in 2021? What will happen to Bitcoin after the global pandemic issue? In my view, things with BTC has something to do with the demand. If there can be a sustained demand for BTC then there is a big possibility that 2021 can even be a bigger banner year for cryptocurrency. Hopefully, the coming in of PayPal and institutional can be changing the dynamics and can push the BTC even higher.
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Of course after this pandemic subsides, then the price of Ether will increase. Especially after the release of Ethereum 2.0 which indeed made Ether enthusiasts even increase. This of course will make the purchase rate increase and soon will be able to increase the price of ether.
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Ethereum 2.0 does not provide a solution to this problem. It is possible that the price of ether will go up after the hard work, but we will wait to see when the developer will do it. We are interested in seeing the bull in the cryptocurrency market. Once again, the epidemic is on the rise.
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Pandemic and crypto are not very influential, but for the development of very influential projects, many projects are postponed for health reasons, just look at bitcoin can go up almost to reach ATH, hopefully altcoins will follow
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During this whole pandemic around COVID19, on the contrary, more people began to invest in cryptocurrencies and the most interesting thing is that the cryptocurrency market is growing throughout 2020, and this is during a pandemic, so the demand for cryptocurrencies is growing every day and during a pandemic, cryptocurrencies are even more in demand than before.
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After the covid-19 pandemic, it actually made the crypto market even more crowded. This is because more and more people are working from home and they are looking for the right investment that they can monitor and work on from home. And this crypto is the choice. this caused the price of Ether as well as many coins to increase after the pandemic.
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i will just make a general comment base on the current performance of eth, i think post pandemic eth will do more than already did at current price, since the eth 2.0 already activated i expect more activities from stakers and probably more price movement, so far eth has been very impressive imo, and i believe we are yet to see the end of it all
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During the current epidemic, tomorrow can be said to be very relaxed. Currently, the cryptocurrency market is running from the moon. That means any new project and any new idea is being implemented. So I don't think epidemics can stifle cryptocurrency. So the cryptocurrency is in good shape even during the epidemic.
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Pandemic is still there but most of us are relaxed now. The current situation is quite different from the 2017 bull market and covid-19 brings lots of financial challenges in most of our lives. I believe the crypto market is not much affected by the pandemic and Ethereum performance was quite good for the past 3-4 months. I hope Ethereum will continue to rise in the coming months as well whether the pandemic over or not.
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covid-19 epidemic really affects electricity bill itself, the next time I think it will stabilize