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Author Topic: State Of Cryptocurrencies During Covid19.  (Read 5293 times)

Offline Confero

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Re: State Of Cryptocurrencies During Covid19.
« Reply #15 on: May 04, 2020, 03:42:29 PM »
As far as I can say, the crytocurrency market is doing well during Covid-19 in comparison with traditional stock market. In fact, I think we will see more positive signs from the market in the coming time when stimulus checks reach out people's hands. India is only a piece of the cryptocurrency cake, even it it's gone worse, there's nothing to be worried about.
I also feel that way, even yesterday the price of Bitcoin and other cryptocurrency has increased. Indeed coronavirus has destroyed the global economy but not with the Cryptocurrency market. Cryptocurrency remained victorious at the time of the Covid-19 Pandemic.

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Re: State Of Cryptocurrencies During Covid19.
« Reply #15 on: May 04, 2020, 03:42:29 PM »

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Offline Nestle

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Re: State Of Cryptocurrencies During Covid19.
« Reply #16 on: May 05, 2020, 04:59:20 AM »
The main factor that determines whether cryptocurrency can survive while covid 19 is the number of crypto users. Are they dominant buy while covid 19 or sell and more secure real money to survive. The fact is that real money is more valuable to buy toilet paper and food during lockdown
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Offline pakhitheboss

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Re: State Of Cryptocurrencies During Covid19.
« Reply #17 on: May 05, 2020, 06:03:32 PM »
More than half of the world population is under lockdown. Everyone is getting affected and this is not good. Countries have already started preparing their citizens for the economic recession. The stock market globally are crashing and the common man is suffering.

Whereas this disease, in my opinion, has not affected the crypto market so much. Bitcoin halving might be the reason that the market has not taken a steep downward dive. I think if it remains the same after the halving then I assume new and old investors will invest more into the market.

Offline Jaguar

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Re: State Of Cryptocurrencies During Covid19.
« Reply #18 on: May 06, 2020, 07:41:00 AM »
I think people now in affected nations are panicking and wishing for healing the land. Everybody's excited to live a normal life again. No work no pay no money nothing to invest in crypto. 
The market now is still recovering.
This pandemic gives deep wounds to everyone who hope for better crypto value.

Offline purpleseven

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Re: State Of Cryptocurrencies During Covid19.
« Reply #19 on: May 06, 2020, 08:03:27 PM »
Covid 19 really has a negative effect on the price of crypto and shares. Everyone feels where they lost money and lost their investment. If conditions recover, chances are that interest in buying and investing will increase

Offline Seerge

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Re: State Of Cryptocurrencies During Covid19.
« Reply #20 on: May 06, 2020, 08:27:07 PM »
Just now I heard the news Egyptian scientists have found a vaccine for this corona virus, but unfortunately I only read it and didn't copy the news link. 
And for the Cryptocurrency itself behind the Pandemic Virus, it was initially a bit worrying, with the mark down of the value of selling Bitcoin and other Cryptocurrency two months ago. But everyone's assumption that the Covid-19 Pandemic could affect Bitcoin changed after the increase in the price of Bitcoin ahead of Bitcoin Halving.
So I think, Corona Virus will not be able to influence the existence of Bitcoin and Cryptocurrency.

Offline tonymillions84

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Re: State Of Cryptocurrencies During Covid19.
« Reply #21 on: May 07, 2020, 11:13:56 PM »
let me say this, i came from a country where majority of the people believed that the covid pandemic is a hoar by the government to collect money from foreign government. some believed that the virus is curable while some believed that there is no virus. the cryptocurrency has massive gain acceptance this period due to the fact that lot of people are indoors.
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Re: State Of Cryptocurrencies During Covid19.
« Reply #21 on: May 07, 2020, 11:13:56 PM »


Offline SRShanuka2020

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Re: State Of Cryptocurrencies During Covid19.
« Reply #22 on: May 08, 2020, 08:15:00 AM »
The futuristic utopia that technological progress promises is coming ever closer at an astonishing pace, yet unseen challenges, have surfaced during the COVID-19 virus outbreak. The pandemic has managed to plunder and destabilize the world in just the last few months, putting in danger not only lives, but economic boundaries, well-established global businesses, and the very essence of the world’s financial system.

The uncertainties surrounding the evolution of the coronavirus and its impact on the global economy are gripping. The world was not ready for a global pandemic, just as it wasn’t during the Spanish flu of 1918-1920 where tens of millions died, along with similar global plagues in history, like the Black Plague of the 1300s.

What is different this time is the fact our world has never been more technologically connected, with people able to work remotely, buy online, see a doctor through video conferencing, and purchase digital currencies unencumbered by the limitations of fiat currencies.

Indeed, well before COVID-19 arrived on the scene, digital assets have become a slowly maturing niche. The last decade has seen a new kind of currency evolve, with the Bitcoin cryptocurrency having emerged at the right time to save the world with a new definition of speed, transparency, and reliability, thanks to Bitcoin’s twin revolution of the blockchain.
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Offline Naimah

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Re: State Of Cryptocurrencies During Covid19.
« Reply #23 on: August 09, 2020, 03:43:19 PM »
when COVID-19 came along, digital assets were a slow growing market. The last decade has seen a new currency evolve, crypto has come in time to save the world with its new definition of speed, transparency and reliability.

Offline Rosemaryy

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Re: State Of Cryptocurrencies During Covid19.
« Reply #24 on: August 09, 2020, 03:45:04 PM »
As the world progresses and fights the pandemic, the value and adoption of cryptocurrencies will increase, from conventional payments like coffee to much more sophisticated uses that were not expected. statue and create. Cryptocurrencies have provided a new financial picture with users who have painted an impressive first layer of lipstick.

Offline jassi.21jaspreet

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Re: State Of Cryptocurrencies During Covid19.
« Reply #25 on: August 09, 2020, 04:27:03 PM »
Everyone is getting affected by this pandemic situation of  Covid19. Most of the businesses are slow down because of lockdown situation in all over the world. No doubt crypto currency was affected in initial state but at this time I find it is a better optqion for investment and return.

Offline GeorgeReece

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Re: State Of Cryptocurrencies During Covid19.
« Reply #26 on: August 09, 2020, 06:23:02 PM »
the whole world is being hit hard by the Covid19 translation and so is the crypto market. many people got sick and died. This frightens the patient and often takes time paying attention to the situation to control the disease

Offline EgriNurat

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Re: State Of Cryptocurrencies During Covid19.
« Reply #27 on: August 09, 2020, 08:07:17 PM »
Covid19 has played a role in the development of the entire crypto industry, but this is not a reason to stop making money from trading or investing in cryptocurrencie

Offline SauvasET

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Re: State Of Cryptocurrencies During Covid19.
« Reply #28 on: August 09, 2020, 09:16:51 PM »
Covid19 has played a role in the development of the entire crypto industry, but this is not a reason to stop making money from trading or investing in cryptocurrencie
As it seemed to me, the market began to show growth again, but just yesterday it stopped again.

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Re: State Of Cryptocurrencies During Covid19.
« Reply #29 on: August 09, 2020, 09:17:35 PM »
Covid19 has played a role in the development of the entire crypto industry, but this is not a reason to stop making money from trading or investing in cryptocurrencie
As it seemed to me, the market began to show growth again, but just yesterday it stopped again.
If I were you, I wouldn't expect the market to continue growing as it did in 2018, but I would be a realist. 8)

 

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