Topic: Where will we stand at the end of pandemic? - page 3. (Read 431 times)

Have we not seen its worse before? We are now recovering as other countries started to flattening their curves. Company closurr is inevitable, but businesses are not all engaging cryptocurrencies so Im not really worried at all. Yes there are whales playing with it, but we cant be sure if those are not real new investors who are thinking that cryptomarket is a safe haven for their investment.

Its not that I'm missing the point but I understand these factors that affect the market globally or even at small scale magnitude influx of investment.

I think we are only in waiting time now here,because obviously the search about crypto specially Bitcoin this past months really increase insignificantly things that we may call our advantage now.

Look if all those researcher will come and invest inc rypto market after the pandemic?don't you think this is a Big Blast in our economy here?

I know that there are certain fear from those who saw the Huge dump last march but these people also saw the Great growth just weeks after that fall.

Supporting this.a very short Post but means a Lot specially to the people who really trust and support Bitcoin and not those posting things but never even come to invest in this great coin.

Bitcoin was actually created for this time and it has performed will in the face of this covid19. I believe that since some countries has started developing vaccine very soon we would start to see improvement and recovery in cryptocurrencies market in general.

I also think the massive drop has something to do with the corona virus being at it's peak during that time and maybe people panicked and cashed their assets which may have brought the market to a massive halt but I think there were other reasons as well like the PlusToken scam and the other problems like the share market crashed I heard so to maintain capital in share trading a lot of people sold their assets like bitcoins.

Yes we survived that hole and actually recovered pretty steeply as I was expecting that we will recover but the recovery might be slow given the market but then we actually recovered within 2 weeks if I am not wrong mostly.

Firstly the end of pandemic is not known yet because the problem is only getting more serious with time and there are no genuine signs of the pandemic slowing down by any means even as Russia has developed some vaccine but it is still not tested.

Now coming back to the crypto future when pandemic ends, basically I don't think much has been happening to crypto price and investors aren't too worried about the situation because almost every sector is as badly effected and there is no better opportunity if you divest from bitcoins where will you use that money? Gold is not the best option because the price is going to be stable or even negative in coming days since most of the people are saving money so gold can't be a good investment in near future.

The clearest position bitcoin could have after this would be to promote the fact that "pay without touching anything" method, basically QR code, so if you do that, you would also help banks too because some banks do allow that as well, you download banks app, the shopping place has a tablet, they show you a qr code, you open your bank app and you pay that way without touching.

We could have same idea with the bitcoin world as well, and that could help us get so much more attention into bitcoin, but I am not sure if that would get the only attention. It would be more like 5% bitcoin attention, 95% bank app attention. However, whatever helps us is good for us, not really something that would be bad even if it is just 1% of the attention to QR code payments goes to bitcoin.

Agreed.   And hopefully those hands will be the ones that earned those coins.

I didn’t start with the Ponzi scheme. I have discovered bitcoin in another forum in which there are a lot of people who got info there and are sharing their own opinion on it. It’s quite informative, and I got hooked to BTCT because everything is in here. The world will survive for sure, and I don’t think there’s something to be worried about, just our daily needs, IMO.

Luckily the halving pass and many people been hype unto it since we are able to remain at $9k price figure at this point, I can think even more worse if there's no halving especially for todays pandemic events since provably we will suffer from major dump if that's the case since I assume many people are afraid to lose their money and trust the investments while the virus hit badly.

I think we have seen the worst already, the scare around March wherein the price goes down to $3k for me would be the serious threat to bitcoin and the rest of the crypto market. However, we have survived it already. So I doubt that if we ever see a second wave of infections, the price of bitcoin might decline but not as close to 50%. Investors have already diversify their assets, as for newbies, there is a chance that they will choose bitcoin over traditional instrument.

obviously because crypto has a very different market share from the others, so long as there is no internet disruption, crypto can still run well. crypto only requires an internet network and people who want to invest in tokens that are sold in the crypto market.

fortunately in the corona pandemic, the bitcoin market can still run well, not very affected, as seen from the movement of bitcoin in the past few months it has always been in the position of $ 9K.
had dropped to $ 8K and had broken through $ 10K, but did not last long and returned to remain in the $ 9K range. this is clearly good news and is very supportive of crypto being able to remain targeted by investors.

traditional investment business is also still there that can run well, as long as it is related to the market place with online services, of course. so as long as there is still an internet network, all things related to online are not so affected and can run properly. so it's not just crypto that works well.

as a beginner or not a beginner obviously investing in bitcoin is very promising. because prospects continue to always develop and are highly sought after. but for now it is not advisable to invest in a new project because it is very risky. it's better to keep holding altcoin at the top of the list for investment because it reduces risk but not without risk.

You are missing the point here, yeah Bitcoin might have defied all odds when it was the first one to recover in majority of the asset markets out there but it doesn't mean it has been proven and tested that it can stand when the situation of this pandemic worsened. If we see more companies and businesses close and the unemployment rate rise I don't think that the crypto market will be as immune as we think. Technically Bitcoin rising earlier is a strong case of it going down due to influence of whales shorting it rather than the real affects of the pandemic as economically speaking the world isn't as bad financially as compared to where we are now, we can't really be complacent or confident because Bitcoin is doing good now.

To clarify, I'm not really talking about Europe. I'm talking about America:



All metrics of the epidemic are threatening to exponentially increase again, so I'm concerned we'll see lockdowns in the US again, starting with economic powerhouses like California. They were the first state to lock down in March.

And as we know, when it comes to economic matters, when America sneezes the world catches a cold. I would expect fear to spread to emerging markets, crude oil, export-heavy countries, China, etc.

If you noticed a lot of new community and users have shown interest on cryptocurrency during locked down of course this is due to staying at home. Even now with crisis, bitcoin remain strong, even without new investors it can still stand but its not totally on bitcoin but also to other coins such as altcoin relates to defi.

Its just hurting that forsage project become known and popularity of ethereum connects with this, but this is a scam ponzi scheme.

My assumption is that,at the end of the coronavirus pandemic,Bitcoin will stand at the place where it is currently standing.The BTC price will be somewhere around 10K USD(maybe above or maybe below) and nothing will change drastically.The expected army of Bitcoin newbies will never come,because many people will lose their jobs and savings during the recession,so they will try to find a 9/5 job,instead of joining the crypto markets.
The major institutional investors will get support from the central banks,so they won't be interested in investing on the crypto markets.

Scam and Ponzi scheme looks so aggressive this time as they took advantage over those young minds and no-how investors switching into their crypto journey. Things we can't deny that most of them had been a victim of this trick and to say that this is actually hard for beginners.

We surely don't know when this pandemic will have its ends but then, I don't think crypto will just only be the last option to make money in this hardest situation. I know the crypto investment is really profitable but of high-risk, and it also requires deep market understanding which is not really advisable for now-how investors.

The end is not in sight, the pandemic can end in 6 months (in case an effective vaccine is found), and it can last for another 6 years with larger or smaller seasonal waves. Markets will adapt over time, just as people will adapt, but they will certainly be much more cautious than before. Beginners will always look for a way to make a profit, and some will surely like Bitcoin at first. Traditional investors will continue to choose gold, silver, bonds or real estate because they are not gamblers, and they want minimal risk for their investments.

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I'm not entirely sure how things are in the world when it comes to full locking, but in the EU some countries are definitely hit by the second wave, which did not result in a lockdown, but only enhanced protection measures. Here is an example of my country - we had 0 infected for a few weeks, we opened up completely and now we have 50-100 new cases a day, but as a tourist country we also have 500 000 tourists (interestingly none infected ) which means we put profit first, and then health of citizens. What to say when we have a president who compares Covid-19 with dental problems

I don't view things in those terms, where BTC and "traditional investments" are at odds. I actually see them moving together. Stocks, BTC, and gold are all risk assets to differing degrees.

What does that mean with regard to the pandemic? Well, if this second wave goes exponential and lockdowns become widespread again, the markets are going to punish all risk assets. Just like March, gold will probably fare better than stocks. BTC will probably fare considerably worse. That's just a monument to the lack of liquidity in the crypto markets and the degree to which investors view BTC as a risky and speculative investment.


Hard to argue with that.

I think many of us start with the Ponzi scheme at the beginning, and after we have much experience of being a scam, we realize that we need to stop the cycle by reading and learning more about crypto. If we can get the right sources, we will make money even if we are still at this pandemic because we can survive. We can help them by giving the correct information about investing in bitcoin, so they don't get the fake investment programs.

From what I have seen in some of the social media accounts that I have, my friends there have started their cryptocurrency journey but on the wrong path at first. Technically they are going to the Ponzi Scheme path with Forsage and many more Ponzi schemes that use cryptocurrency. With that being said, there are still people who have money to invest in something that they think they can profit from, so there's no need to worry about it too much. Sharing and influencing people would be ideal for the right applications of crypto.