Topic: Crypto after COVID-19 (Read 1054 times)
Covid 19 left the world with shock and fear, but I'm glad that it's past and I didn't loose anyone to the pandemic. On cryptocurrency community, I don't really think the impact on the price of cryptocurrency was noticeable, the market has always been volatile and we can't trace the volatility of the market to the virus.
Your argument doesn't make any sense. A few weeks ago, the Bitcoin prices had fallen from $12,000 per coin to around $9,800. Cryptocurrency has remained as volatile as ever, and for comparison the stocks have fared much better. And as a safe-haven asset, gold once again proved that there is hardly any competition out there. I don't think that cryptocurrency had a lot many positives to talk about, during the last 6 months.
It's true that Gold is still unbeatable these days. That's largely because Gold is a very old store of value trusted by many people worldwide. Crypto is just starting to blossom with only 11 years of existence. As far as the stock market goes, I believe that crypto has performed better in these pandemic times. Prices quickly rose in a month after a steep decline on the crypto market. That's not the case with stocks these days, as they have a long way to go before they recover to their pre-COVID levels. Wall Street is in a period of uncertainty due to the negative effects of COVID-19 on the mainstream economy.
Since crypto has performed well in these times of turmoil, I'm guessing it'll do fine after everything is back to normal. More people are becoming aware of crypto's benefits relative to Fiat. While it's true that crypto prices are extremely volatile, its censorship-resistant nature allows anyone to feel confident that their funds are safe against external manipulation. Governments and central banks are out of the system when you use crypto in the decentralized economy. That's not largely the case with Fiat. With everything shifting to the digital realm at a fast pace, crypto will be the cornerstone of the world's economy after the demise of COVID-19. The introduction of CBDCs to the mainstream world means that crypto has already won the battle. Before you know it, we'll be using a Blockchain for nearly everything we do in daily life. Just my thoughts
The Covid 19/pandemic has really introduced to the world other forms of investment that is flexible and one can participate from any part of the world. The Defi projects fully geared during the pandemic and it has garnered more volume now.
yeah,Although the COVID-19 deeply affected alot of element in our day to day way one living but the part of the COVID is that showcase to the world the potential of crypto and change the mind of people that thought crypto is a bubble. Besides, if people like Kiyosaki is captivated by Bitcoin then we should expect more influential people to join crypto investment.
Once COVID-19 took the world by storm, the world's economy has been on a constant decline. Crypto has largely benefited from this, as the market experienced new gains in such as short amount of time. There's now a stablecoin and "De-Fi" craze making many ERC-20 tokens, stablecoins, and even Ethereum extremely popular in the mainstream world. Their prices have increased at a fast pace, leading many wondering what will come up next after the demise of COVID-19. If the world's economy starts recovering at a slow and steady pace, crypto's gains might not last for long. Maybe everything will return back to the way it was before the deadly disease? Or maybe crypto prices will remain stagnant on the market?
Whatever happens after COVID-19, there's no denying that crypto is a resilient alternative financial system in times of need. In a first of its kind, crypto has remained "impervious" from negative events in the mainstream world. My guess is that crypto will continue to go higher in price even after the demise of COVID-19, as people's trust in the banking system will diminish. The premier cryptocurrency (Bitcoin) will be officially recognized as a true alternative of Gold, proving itself as a store of value in times of need.
Thoughts?
Whatever happens after COVID-19, there's no denying that crypto is a resilient alternative financial system in times of need. In a first of its kind, crypto has remained "impervious" from negative events in the mainstream world. My guess is that crypto will continue to go higher in price even after the demise of COVID-19, as people's trust in the banking system will diminish. The premier cryptocurrency (Bitcoin) will be officially recognized as a true alternative of Gold, proving itself as a store of value in times of need.
Thoughts?
COVID19 just might boost the cryptocurrency as in a lot of countries they are forces to go in digital transactions. So when it comes to adaptations I think it might just help to force some countries to adapt in the situation to try technology that has digital transactions. The digital transactions might not be bitcoin or cryptocurrency but other digital money but still it forces people and the community to learn and try the technology like digital transactions when the cryptocurrency has. That just gives 1 step to adaptation into cryptocurrency for sure it is going to be easy when people already have the experience in that kind of technology. As the economy go down because of the pandemic it might help the cryptocurrency when the pandemic is already over.
This seems to have a clear impact on cryptocurrencies as more investors are investing in the crypto or digital world rather than in the real world. According to him, this has an impact on the world economy due to the pandemic
Crypto after covid-19 will remain popular and it will continue increase it's value. If crypto become the alternative work and source of income during this time of pandemic, after this people will surely remain in crypto because they are already know it and tested it. Cryptocurrency will be a big part of new normal.
COVID-19 has affected almost everyone to one degree or another. Economy and finance react very painfully to such problems in society. Many are thinking about alternative opportunities for their investments. I think many will re-evaluate their views on the crypto economy and growth is inevitable.
In my local area mist of the things and businesses are back to normal and open but as i was watching news earlier today there seems to be a second wave which is effecting a lot of countries again.
So seems like until an effective vaccine is here the problem will stay. Regarding post corona scenario definitely world will be encouraging digital currencies and digital business more and more and crypto market alongwith e-commerce has a really bright future.
So seems like until an effective vaccine is here the problem will stay. Regarding post corona scenario definitely world will be encouraging digital currencies and digital business more and more and crypto market alongwith e-commerce has a really bright future.
Covid or not, crypto would survive. You only need to have a burgeoning MVP with a real use case. Just like everyone is jumping on the DeFi train, both real developers and scammers, having use cases is what differentiates the wheat from chaff
The worldwide pandemic makes most people realize that cryptocurrency is really useful. So I guess after the pandemic more and more people will be going to use cryptocurrency and that will make it rise. And as we can see nowadays some governments already implemented a cashless society. But let's not expect that it will be pump everyday for the coins and alts, always remember that there's always pump and dump.
it has become a natural thing in the investment world to have pump and dump after covid 19 the crypto world will be even better because the crypto world cannot be stopped there are always innovations and new ideas to make crypto look good in the eyes of the world
The worldwide pandemic makes most people realize that cryptocurrency is really useful. So I guess after the pandemic more and more people will be going to use cryptocurrency and that will make it rise. And as we can see nowadays some governments already implemented a cashless society. But let's not expect that it will be pump everyday for the coins and alts, always remember that there's always pump and dump.
Once COVID-19 took the world by storm, the world's economy has been on a constant decline. Crypto has largely benefited from this, as the market experienced new gains in such as short amount of time. There's now a stablecoin and "De-Fi" craze making many ERC-20 tokens, stablecoins, and even Ethereum extremely popular in the mainstream world. Their prices have increased at a fast pace, leading many wondering what will come up next after the demise of COVID-19. If the world's economy starts recovering at a slow and steady pace, crypto's gains might not last for long. Maybe everything will return back to the way it was before the deadly disease? Or maybe crypto prices will remain stagnant on the market?
Whatever happens after COVID-19, there's no denying that crypto is a resilient alternative financial system in times of need. In a first of its kind, crypto has remained "impervious" from negative events in the mainstream world. My guess is that crypto will continue to go higher in price even after the demise of COVID-19, as people's trust in the banking system will diminish. The premier cryptocurrency (Bitcoin) will be officially recognized as a true alternative of Gold, proving itself as a store of value in times of need.
Thoughts?
Whatever happens after COVID-19, there's no denying that crypto is a resilient alternative financial system in times of need. In a first of its kind, crypto has remained "impervious" from negative events in the mainstream world. My guess is that crypto will continue to go higher in price even after the demise of COVID-19, as people's trust in the banking system will diminish. The premier cryptocurrency (Bitcoin) will be officially recognized as a true alternative of Gold, proving itself as a store of value in times of need.
Thoughts?
Personally could not believe that crypto will be officially recognized as a true alternative of GOLD but in this pandemic situation crypto market has tremendously explore to all parts of the world and result is US bank and swiss bank making custody of BTC. After pandemic situation crypto market can not be crash because more people engaged in this time and they will connect another more people to this sector. So there is zero chance to dump of market i think. So we can easily hope for better future of crypto market.
thanks.
The pandemic that is currently rife, of course, greatly affects Cryptocurrency investment with various fears, for example, as many alt coin prices have decreased in price so that when investors see the risks to the economy and financial system of digital currencies that exist today, but after many have realizing that cryptocurrency can actually be used more in conditions like today without making physical transactions directly and of course that makes us feel safer from the impact of the spread of corona, we can see now that little by little the cryptocurrency market starts to increase regularly and of course that is a positive thing in this current pandemic.
The global lockdown has definitely made more people to be aware of cryptocurrency and blockchain. More and more people now see the unreliability of fiat being controlled by governments and financial institutions. We may see an influx of people buying and holding crypto assets in the next few months. I have a feeling the bull run will commence fully post-COVID-19.
Some people feel that the bull run will start completely after COVID-19, but it may not happen because it completely depends on the number of buyers in crypto, not on the number of users in crypto where people are still afraid of some of the risks involved big on the decisions they'll make.
The global lockdown has definitely made more people to be aware of cryptocurrency and blockchain. More and more people now see the unreliability of fiat being controlled by governments and financial institutions. We may see an influx of people buying and holding crypto assets in the next few months. I have a feeling the bull run will commence fully post-COVID-19.
In my opinion, the pandemic had little impact on the cryptocurrency market. The value of cryptos have since been on the increase and the market has been faring well. There's a possibility that we could be having a bull run this year, which may be similar to that of 2017. I'm anticipating sharp increase in prices of cryptocurrencies.
Yes, it is absolutely true that a pandemic has a small impact on the cryptocurrency market, because the pandemic does not have a close relationship with the cryptocurrency world, even when a pandemic occurs, people who like crypto have increased in number, meaning that the influence and impact is limited to that.
In my opinion, the pandemic had little impact on the cryptocurrency market. The value of cryptos have since been on the increase and the market has been faring well. There's a possibility that we could be having a bull run this year, which may be similar to that of 2017. I'm anticipating sharp increase in prices of cryptocurrencies.
There are two factors. Firstly, the world economic crisis is going to happen due to low earnings because a lot of people not working. Thanks to it, people will start selling their assets to fulfill basic needs, like paying lease, food etc. But on the other hand, people will realize how badly our financial system works and they will slowly start finding alternatives - gold or Bitcoin. So, I would say that firstly we will fall down and then we will see new highs, like never before. 
It is very difficult the situation that is being lived thanks to the pandemic but something if I noticed that many people have dabbled much more on the subject of cryptocurrencies and blockchain technology, the Defi, smart contracts and mining pool have increased more, it is very good to know this and I hope that many more people learn much more about the subject and do not waste time in this pandemic finding out other things, greetings 
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