Crypto after COVID-19 - page 3. | Bitcointalksearch.org

sallasvve

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Quote from: AjithBtc on September 04, 2020, 06:14:20 AM

It is hard to make a prediction on after covid-19. As there is no end date, we can't make predictions. At the moment the market is quite good, over the past few days there is price crash with bitcoin as well as altcoins. This will bounce back, because from most of the users view it is corrective move.

I make predictions for the year 2021, because the year 2020 is already over. To make large scale changes in the coming four months of time is not a possible thing. Right now my complete focus is to have life till 2021?

As I noticed, cryptocurrencies are not a real business, but a virtual one, and you don't need to be present in the office or anywhere else to engage in them. Therefore, the coronavirus is not an obstacle to the operation of cryptocurrencies and earning money from them.

aioc

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Quote from: Abiky on August 28, 2020, 04:13:31 PM

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? Huh

We have weathered the storm which is the CoVid the market is always on the rebound in whatever situation it goes through, we can safely say that the Cryptocurrency is as strong as ever the scenario after the CoVid will be better because many investors and institutions will realized that Cryptocurrency is here to stay and will soon be integrated into the system of many companies, institution and countries, we will be better after this.

lenovop-70

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I agree with the OP, BTC will be officially recognized as a true alternative of gold, people will no longer use fiat and local bank because they are slow and walled, cant do transaction fast and do overseas transaction like what blockchain do. Thanks to this pandemic that bring new trend "no touching money" and fear of local banking if world collapsed.
So i think crypto will raise after COVID19 gone, and world will have new era in payment using blockchain practically.

imstillthebest

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Quote from: Tomohisa on September 04, 2020, 12:35:48 PM

I'm more on the scenario of crypto prices will remain stagnant on the market after the covid end since there is one thing crypto lack of; official recognition from the government.

on what government your aiming to ? on your own country ? because if you will done a research or if you mostly hang out on this forum , you will know that most countries did already officially recognize crypto and there are those that are unofficially recognize due to some issues or prioritize that the government need to solve first . but still recognition isnt enough to help crypto because people will prioritize thier new life if how can they start again, after the covid has done

Tomohisa

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I'm more on the scenario of crypto prices will remain stagnant on the market after the covid end since there is one thing crypto lack of; official recognition from the government. Sure, we can talk about the future of crypto replace gold and thing like that but please remember that crypto needs the government's support to become the next big thing of gold.

escalante28

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As what I see, Crypto will boom after this covid. Imagine, the government of each country will mandate to use technologies to prevent spread of virus in the future like cashless, homebased job and e-Folder for reporting and filing files of individual and companies. So as of now only the Blockchain technology has a potential to provide it to the Goverments because we all know how advanced and what can blockchain do.

We need to survive here and take our part for the next generation.

blckhawk

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Quote from: Abiky on August 28, 2020, 04:13:31 PM

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? Huh

Covid-19 did really make a large difference in the market and the crypto market benefit out of it. The stock market undeniably declined as the Covid-19 hits most of the big corporations tend to close while the Crypto market made a surge. Perhaps, that causes the investor tend to move in crypto or should I say on DeFi programs. I also have a hunch that causes why DeFi is now in the hype and apparently, this might also the reason why Bitcoin made a sudden movement.

I have a doubt that things might go back to normal the as COVID issue will be sorted or there's a chance that it will keep going. The point is we never know what will happen next hence, we should take the opportunity as much as we can.

cryptothreads

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Quote from: mamesso on September 02, 2020, 01:10:13 AM

Covid-19 has completely paralyzed world economic growth, Very many stock investors lost during the lockdown. As long as the pandemic hits, crypto market growth is increasing, because so many stock investors have jumped into the world of cryptocurrency. After Covid-19 completely left and the world's economic cycle returned to normal, The crypto market will continue to increase in the future.

The arrival of COVID-19 has no effect on this market and over the past few months investment needs have remained at a very good level so I don't think there will be any problems.

I think COVID-19 can be an opportunity for investors to make more money in this market because as far as I know DeFi projects are making the market more and more bustling. Of course, I also hope that the economy will soon recover so that people can return to everyday life.

luckyflop

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I guess people try to trading or investing cryptocurreny with this bad situation just to earn extra money, that is why the market increasing what more after the pandemic maybe the market will go stronger and Bitcoin will touch again 20k or maybe surpass it who knows.

The epidemic has left many people unemployed and they need a job to make money while at home. Therefore, there have been many new investors entering this market with the aim of making profits. But things are not as easy as they think, Bitcoin price has grown drastically but now it is collapsing. Maybe we will soon see Bitcoin at $ 8k once again

AjithBtc

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It is hard to make a prediction on after covid-19. As there is no end date, we can't make predictions. At the moment the market is quite good, over the past few days there is price crash with bitcoin as well as altcoins. This will bounce back, because from most of the users view it is corrective move.

I make predictions for the year 2021, because the year 2020 is already over. To make large scale changes in the coming four months of time is not a possible thing. Right now my complete focus is to have life till 2021?

sallasvve

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Quote from: mamesso on September 02, 2020, 01:10:13 AM

Covid-19 has completely paralyzed world economic growth, Very many stock investors lost during the lockdown. As long as the pandemic hits, crypto market growth is increasing, because so many stock investors have jumped into the world of cryptocurrency. After Covid-19 completely left and the world's economic cycle returned to normal, The crypto market will continue to increase in the future.

For cryptocurrencies, the coronavirus has in some ways acted as a growth catalyst. First, some people lose their jobs and try to earn money on the crypto market. Secondly, States print new money in large volumes, which then also end up on the crypto market.

Diamond_Darrell

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Quote from: Abiky on August 28, 2020, 04:13:31 PM

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? Huh

At one time, the Spanish king by his example proved the uselessness of gold. I think it will be the same here. And you don't need to convince everyone with limited emissions. Just remember about the number of zanks after the decimal point

South Park

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Quote from: H1N1 on August 31, 2020, 02:51:30 AM

The economy in most countries was going down when the pandemic striking, but i think not anymore now.
Many business sectors has been opened again, applying the new normal and some health protocols.
Plus in cryptocurrency now, there are DeFi projects which i think will rise crypto value in the future.

While there is no doubt the stock market has recovered since the covid pandemic made its strongest impact at the same time the real economy has not recovered at all and we are still suffering the effects of the pandemic on that front and if a second wave comes in the winter we will have to see if the economy resist, and while this may seem as if it does not affect this market it does, during the last year we have seen some correlation between the stock market and the market of cryptocurrencies and if this continues, and I expect this to be the case, then if we see another crash in the stock market we must prepare ourselves because a crash of this market may be imminent.

mamesso

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Covid-19 has completely paralyzed world economic growth, Very many stock investors lost during the lockdown. As long as the pandemic hits, crypto market growth is increasing, because so many stock investors have jumped into the world of cryptocurrency. After Covid-19 completely left and the world's economic cycle returned to normal, The crypto market will continue to increase in the future.

livingfree

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Quote from: maiden on September 01, 2020, 03:28:22 PM

Quote from: livingfree on August 28, 2020, 04:58:21 PM

I am with the same thought about crypto after COVID, it will continue to increase and as people recovering from this crisis. They'll start to look for an avenue of investment.

Bitcoin or the whole cryptocurrencies can be their choice for it.

i agree. since they have an idea about cryptocurrency, i think when they recovered in this crisis, crypto will become one of their choice of investments.

Mostly, they have no idea about cryptocurrency. But the desire to look for an investment which can help them recover a little by little, they might find cryptocurrencies.

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Quote from: livingfree on September 01, 2020, 01:11:59 PM

Quote from: qomariah95 on September 01, 2020, 10:41:46 AM

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Yes, it didn't somehow affected it. We've seen a backlash and probably the total effect of it on March but then after that, there's no more affection seen with regard to covid-19 pandemic.

We will look at the pandemic as an investment as it has brought devastation to the world. But what we're about to see are the possible turnover of things once it's done.

Not sure about other countries but here in mine speculates that it might take a year before the pandemic ends, so for a while I might hang on to what I currently hold right now.
I am not that interested to newer projects right now because investing something would be risky if it didn't pay off now that jobs are declining to some area and savings will slowly fall.

Given that there's a year before the pandemic ends, this will make people/investors to thrive to look for an investment. And as we stay mostly online, they will resort to look for investment like cryptocurrencies.

dataispower

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I fully agree with OP that crypto is a very resilient financial alternative, it stood strong 💪 during these hard times even after the March massive crash. Many people who gave up and sold their crypto so cheap in March will be grinding their teeth by now. Crypto has helped some people who lost their jobs to pick up their pieces, especially via trading and bounties, also community management.

maiden

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Quote from: livingfree on August 28, 2020, 04:58:21 PM

I am with the same thought about crypto after COVID, it will continue to increase and as people recovering from this crisis. They'll start to look for an avenue of investment.

Bitcoin or the whole cryptocurrencies can be their choice for it.

i agree. since they have an idea about cryptocurrency, i think when they recovered in this crisis, crypto will become one of their choice of investments.

Swordsoffreedom

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Quote from: chikator on August 31, 2020, 11:07:27 PM

Quote from: Abiky on August 28, 2020, 04:13:31 PM

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Seeing that during this pandemic the crypto world has risen due to people depending in the internet more than ever. when the time covid-19 will end, itll be harder for these people to turn their backs away from the internet. I think the crypto business will continue to prosper.

yeah bro, you are right. due to coronavirus pandemic there are a lot of people lost their job. That’s why so many jobless people are invested on crypto market some of them are attracted on online gambling. so, I hope, if they will find the cryptocurrency as useful and if they will imagine it’s glorious future then they will must be interested in investing more money in the crypto market, they may even take it as their profession.

pandanaran

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I observed that before covid-19 appeared in this world the cryptoqurrency market was fine, but there were no significant price movements especially in the price of BTC and several other top altcoins, but as long as covid-19 is running, I think it has a good impact on the crypto market especially prices for BTC and some of the top altcoins are experiencing significant price movements.

livingfree

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Quote from: qomariah95 on September 01, 2020, 10:41:46 AM

I don't see the pandemic (covid-19) being a downturn in the crypto space. On the contrary, we can see the increase taking place in cryptocrurrency. For now alone, many changes have occurred in kirpto, such as the DeFi hype. People don't see Covid-19 as an investment scare.

Yes, it didn't somehow affected it. We've seen a backlash and probably the total effect of it on March but then after that, there's no more affection seen with regard to covid-19 pandemic.

We will look at the pandemic as an investment as it has brought devastation to the world. But what we're about to see are the possible turnover of things once it's done.

Topic: Crypto after COVID-19 - page 3. (Read 1054 times)