Covid-19 Question - page 2. | Bitcointalksearch.org

lienfaye

hero member

Activity: 3010

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Quote from: travwill on April 06, 2020, 04:31:02 PM

Quote from: ishmael440 on April 06, 2020, 02:50:24 PM

I think there was a small impact on crypto but not that big, I think people now are afraid to use cash and in future will consider an alternative payment option, digital money.

In any case, digital money will become the trend of the future, and the point here is completely not the virus. It is corny to us so convenient.
The virus only reveals the problems of current systems that we don’t see when everything goes well, and our systems are not exposed to stressful effects.

Thats true and now there's a virus spreading we appreciate crypto more due to the convenience of using it like for digital payments and sending money without intermediary.

The market started to move upward it might because there are new investors engaging in crypto, they have more time now spending on the internet due to lockdown.

Genemind

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Economic situation affects the cryptocurrency market indirectly. Due to the pandemic cryptocurrency holders were forced to sell their crypto since most had been laid off from their job. People need emergency funds during this pandemic. Of course this will cause panic to some holders as well.

fortunecrypto

legendary

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Quote from: Doranile432 on March 22, 2020, 07:05:19 AM

Coronavirus keeps getting outta hands in countries like Italy and France and others, things keep getting worse with the disease every day but I surprised me is the affectionate to crypto, it seems to stop affecting crypto already what do you think?

I don't think it is now, the market is now getting back on it's feet, and recovering if we can contain the virus then we are good to go her ein Cryptocurrency, our love and support in Cryptocurrency is always here it's just this pandemic is to big that we need to address it immediately, once things settled

travwill

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Quote from: ishmael440 on April 06, 2020, 02:50:24 PM

I think there was a small impact on crypto but not that big, I think people now are afraid to use cash and in future will consider an alternative payment option, digital money.

In any case, digital money will become the trend of the future, and the point here is completely not the virus. It is corny to us so convenient.
The virus only reveals the problems of current systems that we don’t see when everything goes well, and our systems are not exposed to stressful effects.

ishmael440

newbie

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Merit: 0

I think there was a small impact on crypto but not that big, I think people now are afraid to use cash and in future will consider an alternative payment option, digital money.

isaac_clarke22

sr. member

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Merit: 264

Duh. A lot of people are converting BTC to their local currency right now due to the panic. It's either that it is a coincidental effect for cryptos especially Bitcoin where it plummeted down to 4k before or corona virus truly affected it.
We're starting to recover anyway so can we please stop posting more coronavirus & and its effect to cryptocurrency threads?

mahilchii

member

Activity: 560

Merit: 13

Even in this hard market crypto like BTC are doing their best, this pandemic has caused a lot of this especially humans daily need because the lockdowns are still in progress in most of the countries. However I am really impressed with the way crypto market is performing now even though the value gone nearly 5k and again it's pumping is really good to see hopefully the price will go up and we can expect a pump till halving.

mdzahed134

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Quote from: Furryball on March 24, 2020, 01:43:00 AM

Crypto can be very useful in this pandemic time, we all have to stay indoor but we can still work online and send money too but now I prefer to request for payment in Bitcoin or Ethereum and I guess this is what will happen for others too

Mainly crypto can be use for your alternative online payment gateway likes it will best way to use instead of FIAT currency because now banks going stopped for lockdown. And it will too much effective all of crypto familiar countries here those guys can buy foods,medicines. So i think cryptocurrency payments can be help to mobilizing so many things.

nreal

full member

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Merit: 100

arcs-chain.com

I think the cause could be China, when covid-19 started to spread strongly in China cryptocurrency losing tens of percent of value. Now China seems to have contained the disease, and cryptocurrencies have recovered.

elementaryOS

member

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I don't see any reason why Covid-19 wouldn't affect crypto like it did with stock market. Remember, cryptocurrency today is not outside of the market anymore.

trauchot

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The corona virus has completely touched all spheres and still continues to penetrate into many spheres, and cryptocurrency is of course also one of the spheres that has suffered very much due to the corona virus, but as we can see now, the cryptocurrency market has again returned to those positions that were before the beginning of the corona virus.

yohananaomi

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Quote from: Lexurdania on April 06, 2020, 01:24:04 AM

Quote from: yazher on April 05, 2020, 11:29:16 PM

Quote from: ashraf100786 on April 05, 2020, 11:03:48 PM

People around the world are greatly affected by the Corona virus And people can be more affected by it.Many people have died from the Corona virus The biggest impact is currently in Italy and France The virus has not only affected human life He also closed the business As with crypto currency talk exchanges and other businesses, it is almost closed Such a virus restricted people to homes. Take care of children and your health with this Corona virus

Most of the jobs in the world has shut down due to this pandemic and the only job that is not affected in the online job where you work from home. after that, only 10% of the jobs in the outside world remain. Due to this pandemic, the vision we see about the Coming Bitcoin Halving is in jeopardy. everyone was expecting the record-breaking bull run but as we can see that is impossible as of this moment.

Many suffer from pandemic coronovirus. Many factories closed and many workers were affected, which is why why the world financial markets experienced a decline including the cryptocurrency market at the beginning of the coronavirus spread throughout the world. But this effect will not last long because after the discovery of the vaccine, I think the market will recover

in fact the corona epidemic is not expected to survive in a country crossed by the equator, aka the tropics, when it began in the wuhan, the atmosphere there was winter. but the prediction was missed, and many tropical countries and even developing countries experienced and under uncontrolled circumstances. because many countries have been affected by the corona epidemic, it is certain that it will affect the economy, because many factories are closed and many jobs cannot work, only those who use internet services can work from home. if you see that crypto should not have too much impact because it does use internet facilities. I hope this Corona epidemic is fleeting and the economy and job mobility can go on as before.

Lexurdania

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Quote from: yazher on April 05, 2020, 11:29:16 PM

Quote from: ashraf100786 on April 05, 2020, 11:03:48 PM

People around the world are greatly affected by the Corona virus And people can be more affected by it.Many people have died from the Corona virus The biggest impact is currently in Italy and France The virus has not only affected human life He also closed the business As with crypto currency talk exchanges and other businesses, it is almost closed Such a virus restricted people to homes. Take care of children and your health with this Corona virus

Most of the jobs in the world has shut down due to this pandemic and the only job that is not affected in the online job where you work from home. after that, only 10% of the jobs in the outside world remain. Due to this pandemic, the vision we see about the Coming Bitcoin Halving is in jeopardy. everyone was expecting the record-breaking bull run but as we can see that is impossible as of this moment.

Many suffer from pandemic coronovirus. Many factories closed and many workers were affected, which is why why the world financial markets experienced a decline including the cryptocurrency market at the beginning of the coronavirus spread throughout the world. But this effect will not last long because after the discovery of the vaccine, I think the market will recover

zenerxx

newbie

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I think covid will have a neutral effect on crypto. Not much will change but crypto won't get hammered by the money printers devaluing the currency with stimulus packages.

imstillthebest

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Quote from: Twinkledoe on April 05, 2020, 06:54:21 PM

Quote from: joshy23 on April 05, 2020, 06:35:07 PM

Quote from: bttmember on April 05, 2020, 06:30:32 PM

It is now severely effecting almost all the countries in the world and it is really a pandemic causing fear and depression in general public globally, i think controlling it is the need of the hour, even the wealthy and medically ideal countries are struggling to cope with it, situation in under developed countries is really bad.
As far as its negative effect on crypto market is concerned i think market has already absorbed the pressure caused due to panic of this virus and i think fron next month we can see crypto growing again.

Crypto was been affected previously and so far what we are seeing inside the market are traders and investors who are keeping the trust that value
of their hold assets will rise back after experiencing great loss from the big run previously.
Once cure will be introduce and the effectivity will guarantee that this virus will be able to contained, we will soon expect more good run and rise back
from this industry.

I think the impact of pandemic is still here and not by any means has stopped already. Those small crypto users are still cashing out to augment their needs. I believe we will be in good position once the effective cure has been identified and the vaccine to be available commercially.

obviously mate , we can see it by looking on the value of the coins . most crypto coins are still stuck on a rut . we can only knew that the covid situation has been recovering once cryptos were start moving in new heights . like you said , i was one of those who constantly sells .

i sell my coins more often ever since the covid issue started because the banks on our place are closing and wont allow fiat withdrawals . the good part is that i have my monies left on cryptos . this shows that cryptos are really helpful in times of crisis

yazher

hero member

Activity: 2268

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You own the pen

Quote from: ashraf100786 on April 05, 2020, 11:03:48 PM

People around the world are greatly affected by the Corona virus And people can be more affected by it.Many people have died from the Corona virus The biggest impact is currently in Italy and France The virus has not only affected human life He also closed the business As with crypto currency talk exchanges and other businesses, it is almost closed Such a virus restricted people to homes. Take care of children and your health with this Corona virus

Most of the jobs in the world has shut down due to this pandemic and the only job that is not affected in the online job where you work from home. after that, only 10% of the jobs in the outside world remain. Due to this pandemic, the vision we see about the Coming Bitcoin Halving is in jeopardy. everyone was expecting the record-breaking bull run but as we can see that is impossible as of this moment.

ashraf100786

jr. member

Activity: 1778

Merit: 1

People around the world are greatly affected by the Corona virus And people can be more affected by it.Many people have died from the Corona virus The biggest impact is currently in Italy and France The virus has not only affected human life He also closed the business As with crypto currency Stock Exchange and other businesses, it is almost closed Such a virus restricted people to homes. Take care of children and your health with this Corona virus

Twinkledoe

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Activity: 1904

Merit: 138

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Quote from: joshy23 on April 05, 2020, 06:35:07 PM

Quote from: bttmember on April 05, 2020, 06:30:32 PM

It is now severely effecting almost all the countries in the world and it is really a pandemic causing fear and depression in general public globally, i think controlling it is the need of the hour, even the wealthy and medically ideal countries are struggling to cope with it, situation in under developed countries is really bad.
As far as its negative effect on crypto market is concerned i think market has already absorbed the pressure caused due to panic of this virus and i think fron next month we can see crypto growing again.

Crypto was been affected previously and so far what we are seeing inside the market are traders and investors who are keeping the trust that value
of their hold assets will rise back after experiencing great loss from the big run previously.
Once cure will be introduce and the effectivity will guarantee that this virus will be able to contained, we will soon expect more good run and rise back
from this industry.

I think the impact of pandemic is still here and not by any means has stopped already. Those small crypto users are still cashing out to augment their needs. I believe we will be in good position once the effective cure has been identified and the vaccine to be available commercially.

oscarftw

sr. member

Activity: 573

Merit: 250

Quote from: Doranile432 on March 22, 2020, 07:05:19 AM

Coronavirus keeps getting outta hands in countries like Italy and France and others, things keep getting worse with the disease every day but I surprised me is the affectionate to crypto, it seems to stop affecting crypto already what do you think?

Bitcoin price noticeable dump in one week but you think coronavirus didn't effect. Price is now recovering after dump. Every time price will up as now after any correction. Still price is in dump because Bitcoin price is now deserve more than 20k. Price will more rise during halving time. This effect will show after vanish coronavirus effect.

joshy23

sr. member

Activity: 1078

Merit: 256

Quote from: bttmember on April 05, 2020, 06:30:32 PM

It is now severely effecting almost all the countries in the world and it is really a pandemic causing fear and depression in general public globally, i think controlling it is the need of the hour, even the wealthy and medically ideal countries are struggling to cope with it, situation in under developed countries is really bad.
As far as its negative effect on crypto market is concerned i think market has already absorbed the pressure caused due to panic of this virus and i think fron next month we can see crypto growing again.

Crypto was been affected previously and so far what we are seeing inside the market are traders and investors who are keeping the trust that value
of their hold assets will rise back after experiencing great loss from the big run previously.
Once cure will be introduce and the effectivity will guarantee that this virus will be able to contained, we will soon expect more good run and rise back
from this industry.

Topic: Covid-19 Question - page 2. (Read 1495 times)