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Author Topic: Crypto in 2020, your review so far  (Read 7918 times)

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Crypto in 2020, your review so far
« on: November 15, 2020, 06:50:28 PM »
Everyone know that year 2020 has many difficult challenges that could have crashed Bitcoin/altcoins down just like 2018. The covid-19 is still treating, economy of many nations has been drastically affected, but the crypto ecosystem has not being affected looking at current market trends for the past 60days. In my opinion, c ypto has out performed more than every other past years, what do you think?

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Crypto in 2020, your review so far
« on: November 15, 2020, 06:50:28 PM »

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Re: Crypto in 2020, your review so far
« Reply #1 on: November 15, 2020, 06:58:39 PM »
The crypto ecosystem has developed very rapidly, since the DeFi hype many investors are investing, this is what arouses crypto's passion to continue to grow, bitcoin is also in flare up
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Re: Crypto in 2020, your review so far
« Reply #1 on: November 15, 2020, 06:58:39 PM »

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Re: Crypto in 2020, your review so far
« Reply #2 on: November 15, 2020, 11:11:50 PM »
Covid-19 doesn't give any big problem and also cause for the crypto world. When investment in stock is decreasing, on the other hand, crypto deserves different, it is rising up. And currently, Much good news is here. We can see how crypto has been developing so far and it has increased price. But I can't say that it is ver power or not because it is still uptrend and we do not know when will be market correction adn down trend
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Re: Crypto in 2020, your review so far
« Reply #4 on: November 16, 2020, 03:42:48 AM »
Indeed, the year 2020 which is the start of the 3rd decade this century can be a very challenging one which so many problems thrown to us on the global scale. We know how devastating the current pandemic, and we are still facing a very blank wall on the way to recovery. Definitely, this pandemic will be changing the global map in terms of economic standing and can be pushing millions of people to more extreme poverty. Now, as to cryptocurrency especially Bitcoin I would say that overall this remains a good year for it, and we are on the brink of a big pump which hopefully will still be burning into 2021.

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Re: Crypto in 2020, your review so far
« Reply #5 on: November 16, 2020, 08:36:43 AM »
I think one of the reason crypto ecosystem was not affected during this global pandemic maybe because cryptocurrency is a digital assets compare to what's happening in the global economy because covid-19 but this gives us more reason we should invest more in crypto coming year even as crypto shown more increament in the year 2020.
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Re: Crypto in 2020, your review so far
« Reply #6 on: November 16, 2020, 09:17:51 AM »
For me, 2020 is the year of crypto boom: we have major events like the BTC halving, ADA's Shelley update, the launch of ETH2.0, and the DeFi wave that drives the entire market. The market cap increased from $250B to $450B, which is a miracle.
At the same time, CBDC has become a new factor to promote the adoption of crypto on a global scale.
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Re: Crypto in 2020, your review so far
« Reply #6 on: November 16, 2020, 09:17:51 AM »


Offline masterrex

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Re: Crypto in 2020, your review so far
« Reply #7 on: November 16, 2020, 09:24:10 AM »
So far my 2020 crypto experience is like a roller coaster ride, full of surprises and a lot of miscalculation, from the Bitcoin and altcoins price bumps, up to the exchange hacking incidents the Defi craze fraud and scams until the Bitcoin price pump today all are challenging and amazing all in all it is good so I hope 2021 would be better.

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Re: Crypto in 2020, your review so far
« Reply #8 on: November 16, 2020, 09:53:20 AM »
 The global economy still reeling from the Great Coronavirus Lockdown.But cryptocurrencies like bitcoin and ethereum have proven resilient. While it's difficult to say which, digital currencies will see dramatic price gains in 2021. We can say with confidence that cryptocurrency is not going away anytime soon.

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Re: Crypto in 2020, your review so far
« Reply #9 on: November 16, 2020, 10:09:23 AM »
Crypto Attraction is growing rapidly. We see lot of challenges in this year. Pandemic situation is on going. In this year defi makes good reputation. That is why most of the crypto trader invest a large amount of assets. At this moment difi is not in expected range. On the the other hand Ethereum is in stable position. Bitcoin is in the right track. Over all i think that the very beginning of this year was not good but i appreciate ending will be very happy.   
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Re: Crypto in 2020, your review so far
« Reply #10 on: November 16, 2020, 10:13:41 AM »
Indeed, coronavirus has not affected cryptocurrencies in any way this year, but on the contrary, because of the coronavirus, even more investors are investing in the cryptocurrency market for the sake of making money, and many top cryptocurrencies have grown very much in price over the entire 2020 and some of the top cryptocurrencies are going to new heights, so 2020 was a very good year for cryptocurrencies.
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Re: Crypto in 2020, your review so far
« Reply #11 on: November 16, 2020, 12:28:16 PM »
The crypto market plummeted in early 2020 due to the effects of the epidemic but the virus's ill effects did not last long everything was damaged including the country's economy, but crypto was not affected the demand for crypto is increasing. The crypto market has pumped up a lot more than before investment is rising due to rising prices and demand has doubled.

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Re: Crypto in 2020, your review so far
« Reply #12 on: November 16, 2020, 01:15:28 PM »
2020 is indeed a very confusing crypto market. There was a lot of decline at the start of the year. Then at the end of this year the market started to rise and is showing very well.
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Re: Crypto in 2020, your review so far
« Reply #13 on: November 16, 2020, 03:16:31 PM »
The whole world is in a fever right now, and crypto is no exception. Just look at the charts before and after the US presidential election. As much as we would like to think that cryptocurrencies are not subject to fluctuations, but in fact this is not the case.

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Re: Crypto in 2020, your review so far
« Reply #14 on: November 16, 2020, 03:35:27 PM »
My opinion is that there is a 2020 pandemic, many people are trying to invest in cryptocurrency. Because we know that during the pandemic, many countries prohibit everyone from doing activities outside. By not being allowed to leave the house, everyone will think about how to earn money by working at home. That's why many have tried in cryptocurrency.
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