Topic: Impact of Future Global Economic in Bitcoin & crypto Price in 2021 - page 2. (Read 300 times)

Lets just stick to bitcoin. The post-pandemic world will be quite different from the present one. One of the major changes will be less mobility of people between countries for business and jobs. The corporations in west won't resort to hiring the expensive workers at home anytime soon which means greater dependence on online and outsourced jobs. Here is a decent opportunity for bitcoin where a lot can depend on ease of usage, availability of good UX/ UI products as well as transaction costs. This would also be a good time for services like purse.io to expand geographically. Albeit, before amazon et al get hands in gloves with this CBDC idea.

There is also decent opportunity for all those blockchain logistic companies because i suppose people would like to handle less and less paperwork for international trade. There is a chance of this happening as COVID-19 lockdown compulsions can transform to long-term behavior changes.

Honestly USA is not really helping out the small people all that much once again, the 2 trillion dollar stimulus package spends quarter of that to huge corporations to keep on being wealthy once again, these companies makes billions of dollars of profit every single year, maybe it is time they learn that the crisis that could happen like this (or 2008) could hurt them and they should either have an insurance against stuff like this or if they can't get insured just have some liquid assets to keep going like nothing happened until the crisis is solved.

They both fired 10+ million Americans and they also got free money basically, now all they have to do is wait around and eventually everything will be okay for them. Meanwhile the regular joe gets nowhere near the amount they need, plus they are fired as well, how is this helping them at all.

My policy is wait and see. I sure as shit did not expect a global pandemic that would vapourise millions of jobs when touching myself to the price in the past.

Nothing operates in a vacuum. If the world economy is a smoking crater next year then I do not believe 'this is good for Bitcoin'.

Can you provide us with your information sources? Because we are still facing this crisis, and therefore we cannot yet predict any logical analyzes.

It is a mistake to give a restriction to a certain number without specifying the price range of the change in prices.

Perhaps it is better to wait until we witness how economic changes will happen and thus we can build forecasts accordingly.

Outlooks are positive, but in the long term, a year or more, it is the best investment.
As for Altcoins, I do not think we will see such growth.

Well, you know everything else in that list doesn't really matter, since it's just Bitcoin that going to haul everyone up by their asses as usual.

Just have to remember that when times are bad and regular Joes are hurting from layoffs, pay cuts, and rising costs due to inflation, Bitcoin won't be the first thing they turn to. If anything, regular Joe who has Bitcoin will be forced to sell it if he's got nothing left to feed hungry Joe juniors.

But, if states do continue to support most of the general population with pay, stimulus packages or whatever, then fine, Joe has money and if he could save some, he will be putting it into Bitcoin to preserve value. Maybe then, and only then.

Some of them look alright and actually believable (not that it means it will happen, just realistically "could" happen) but some of them look way too unrealistic for that currency. Just for starters BSV can't really go high that much in a logical sense, it lacks liquidity so if the price goes up that much, eventually some people will sell just a million dollar worth of it and keep it under 200 once again anyway, lack of liquidity keeps it low even if there are some big jumps higher.

Tezos for example is too much, 7-8 makes sense and even 10 can be argued but 12 is just too much, cardano looks just too little, I mean it is already 0.033 so why say it will be 0.05, that is a small increase, I am sure if everything else increases this much, that can become 0.1 easily as well.

Your predictions about the altcoin prices are very optimistic.I wonder why?
I don't believe that Bitcoin will ever reach a 25K USD price.Everything above 10K USD would be great.
The pandemic and the lockdowns will be over during the summer.This is predicted by mathematicians using statistical data.The problem is,will there be a new wave of coronavirus during the autumn,or maybe the next 2021 spring.Nobody is talking about that and if there is a new pandemic in 2021,there will be no recovery for the global economy.

Still, we cannot determine if 2021 will be the year of recovery. The market has recovered partially last year if people are still attached to the all time highs.
Your prediction is not that much but they are likely to happen because the price are too close from the ath. We will see how quick Bitcoin will recover just after this virus.

You have the certain point however it's really hard to predict anything at this moment.
There will be global economy crisis that is for sure but at this very moment no one can't tell for sure how deep it will go and how long will it last, that is why is also hard to predict the impact on cryptocurrencies.
Somehow I think that it might be worse that we can imagine now.

hey,I want to discuss with bitcointalk member about this issue with their information and their analysis, man

What if you prediction is wrong? Everybody can predict only just saying.

I think the 2021 year will be great year for bitcoin and Cryptocurrency

because the World Economic will have very bad status in end of 2020 and 2021 with this impact of Corona and other thing

I read some paper that said America and China just can recover their Economic recovery  at least in next 1 year in America and 2-3 Year in China

so it is my predict of price ...do you agree? get have a discussion about my idea  

coin                  April2020           Mar2021

Bitcoin                          6800$               25000$
Ethereum                      155$                 600$
XRP                              0.18$                0.5$
Bitcoin Cash                  230$                 1200$
Bitcoin SV                     185$                 600$
Litecoin                         42$                  200$
EOS                              2.5$                 15$
Binance Coin                 13.85$              100$
Tezos                           1.95$                12$
Cardano                       0.033$               0.05$
TRON                           0.012$              15$
Ethereum Classic          5.26$                25$
Neo                             7.25$                24$
IOTA                            0.15$               0.56$
Cosmos                        2.29$               10$
Zcash                           36.15$             150$
NEM                             0.036$             1$
Ontology                      0.4$                 2$