Coronavirus Impact on Bitcoin and its future. The COVID-19 pandemic has impacted financial markets all over the world, including that of crypto currencies. Corona virus has a negative impact on the industry, tourism, trade, stock markets, and of course, cryptocurrencies. In this article, we will consider how this epidemic has affected the blockchain industry and how it will affect the development of the cryptocurrency industry. i think has the corona virus outbreak affected Bitcoin Bitcoin will slowly change post this pandemic.
every outbreak will always have an impact on life, especially the economy, although the price of bitcoin has increased but I am pretty sure that the price movement will be more leverage if there is no outbreak like now |
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Sometimes extending bounty duration is like expanding the results of the bounty campaign, I don't see anything wrong here, give a good use case and I will promote even if it's over 23 weeks
They can extend the bounty time, but I think they also have to add the bounty budget to make it fit. I have seen a lot of bounty expansion but they are not expanding their budget, this is bounty hunter abuse and projects that are bullshit for me if the project extends the bounty campaign and does not increase the pool, then I believe that this is a scam project and should not be trusted. most likely they will either not make payments at all, or because they will close their project. or they will freeze your rewards for 2 years .. I have never seen a bounty of distribution keys in 2 years. And if it happens then it is definitely a scam project, how can they survive 2 years in this market while they are weak projects and not too many investors. if I were a part of it, then I would forget about it and try to improve how to find a project to follow in their campaign. waiting for an extension of 2 weeks Up to 1 month is boring and if it exceeds this time, for me it would be better to focus on the next project |
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Maybe it is possible. Not really that quite common but possible. If a project is doing bounty and giving away a lot of money that means the company is not doing well. If they do not give a lot of bounty that means the price has to increase a lot so that you earn money. Which is really not all that possible anymore with these projects, if you are not giving bounties too much, that means people will not really work hard anymore, since they will not get a lot why would they work hard.
So the dilemma is, if you give away a lot bounty the project will probably fail, if they do not give a lot then people will not work. So, there is a very very slim chance that high rewards is still possible, but it is quite small and quite improbably, hence I do not really see it.
this is indeed a dilemma, if the pay is high for workers, it will be difficult for the project to maintain its condition for the long term, whereas for the opposite they will also find it difficult to find workers. But it needs to be convinced that a management in the company must have thought of this, and what should be noticed is "whether they think of their workers or not, especially to campaign participants?" |
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My coins is not far than old big coins like ETH and Bitcoin. Because i am more believe in hold that, although if see daily, profit maybe look less. But if hold longer we not always think about price movement everyday and will be not more stressful than if we trade daily.
Old coins like ETH and Bitcoin are indeed worth holding because the potential they have is real, this old coin is also one that I still invest periodically. and for new coins outside I also invest, most importantly these coins have real potential. |
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in fact education becomes important especially if you want to make developments that are structured and measured with structured. and sometimes to ask the government to carry out crypto legality in a country, there must be people who have strong arguments to support crypto, especially in government.
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NRG's airdrop is pretty much discussed in the crypto community, especially on Facebook's social media. I personally only knew it, and did not take the place to follow it because it was busy elsewhere. so if it produces, it would be better to circulate funds from these results. this is my input if you do not agree to ignore it.
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for now that the price is not at good condition, it is time to accumulate more then hodl if you want to have 1 BTC and more profit.
I agree. People generally only buy when they see the price go up because they think Bitcoin is going to change the world or something, but after a while they figure out that they bought the peak of a rally and will keep bleeding. The uglier the market looks, the better the buying opportunity is. That's the evidence we have in every market. If people for once did the opposite of what they think is the best thing to do, they would have made quite a bit of money. but our problem is difficult to determine when the right time to buy. is the current price of bitcoin going down or up? sometimes a few percent increase makes us FOMO and a decline makes us panic. sometimes we are indeed trapped by FOMO when we want to make a buy, so I hope when making a buy we can be in a calm condition and can also be thorough, rather than to secure ourselves. beyond that maybe our ability to be one factor to find the right time. |
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i agree that bitcoin will not be the only king forever. a better solution is going to take its place sooner or later. But will it be bnb? i dont thing so. bnb may be very profitable but not an alternative to bitcoin.
This is the same when so people have predicted the future of binance will be ethereum killer but this time it's not yet proven. BNB may become a very good alternative coin to invest caused by it's having various products. Bitcoin still remain the king for the whole of crypto ecosystem. I think People were overhyping binance coin in the past. The dominance of BTC affected badly to general development of altcoins but the ROI is still high for altcoin investors. BNB has higher demand due to the obvious reasons and the ROI of BNB is directly correlated with Binance's performance. Hype days were over, now it is time for stable, healthy growth. BNB does have potential because their platforms support it, besides that currently BNB has become one of the coins used for investment. besides that, the correlation with BTC is quite good which makes me also believe to take a place to invest in it, and in the future I am also pretty sure that BNB can survive. |
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The market situation is improve but it doesn't mean that the so called Bullrun is already here. If we look and compare to the previous trends that drive the market on its all time high record still its weak! but if these momentum was sustain in the upcoming months, well that's the time we must say that the Bull is here again to drive the market.
You are right I think it is too early if we say we have entered the bull run market. because everything can still happen and the value of $ 9k I think is not yet a safe value. because if we look at the bitcoin graph in october yesterday bitcoin also reached a price of $ 9k but then dropped again to $ 7k. I think we can say bull run if bitcoin has been continuously increasing for several months. but of course I also hope we will soon arrive at the bull market. For me personally this can't be said bullrun and I think this is a normal thing to happen in cryptocurrency and in my opinion this is just a pump in price which is normal and true. You said yesterday that we saw bitcoin touching $ 9K but then declining and now increasing again, for me this is a good thing where we see the price of bitcoin rising and of course we all hope that the price of bitcoin will continue to increase later. but the pump shows that there is growth going on, if you think it's normal or not but I think it's one of the good things, maybe because I see the return of market movements and there are people who consider bullrun. but it should be seen that when the Chinese new year there will usually be a big dump, but this year bitcoin is able to return the price back to its position. |
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with the help provided by CZ it is indeed a good step because this virus has no way to handle it. With the help of people I really hope that this disaster can be quickly resolved or at least reduce the responsibility of people affected by this corona virus, and I am quite appreciative of CZ because it has a great sense of humanity.
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I have seen the article that you shared in the opening post, in my opinion the 5 cryptocurrency mentioned in the article are indeed quite good
as an option for investment in 2020.But in my opinion the best choice for investment must still choose bitcoin, at least 50% of the capital we
have to invest in bitcoin. After that 50% of the remaining capital can be invested in altcoins such as ETH, LTC, XRP, BNB and XLM. Because
to succeed in making profits in the world of cryptocurrency you must be able to choose the right coins.
investing will indeed be better if it has a percentage in bitcoin, and I apply this in every investment I make. so when I choose altcoin to invest, I divide funds and invest in small resistance with the aim of securing funds. but if the altseason trend starts I will invest with a greater percentage of course. |
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which is attached by you is indeed part of the technique of trading, and this is only a chapter where we have to look for more in-depth information about sub-chapters that have not been attached. actually quite helpful, because directives like this people who are new to trading can do their own research and study the chapter that you attach.
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the highest altcoin price follows the bitcoin price. so actually I personally believe the correlation between bitcoin with the highest altcoin, so the potential for the top altcoin can improve when bitcoin really starts a bullish trend when halving has been reached, and I believe this. but if to trade it would be better to see price action than the trend, so it all depends on the goal when you want to get profit.
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We might have a good start but it wasn't a steady and stable start, after the pump, correction happens and that has been a normal trend in crypto for awhile. Hopefully even with this high volatility, going forward we would be able to see the market having a positive movement on a monthly basis, that at least could somehow help to boost or recover from this long bear market.
halving is coming, we should stay positive, yes its a good start but I hope it will not end once the halving schedule take place, we like to see it continue til the end of the year mate.
calm down, there will be a time when altcoin prices go up again, I'm also still waiting for that and feel frustrated, but it won't work for me if I don't do anything That's for sure, we'll just wait for the right time, right perfect moment, but for sure not all altcoins will go rise, the right altcoins who has potential might follow the trend of Bitcoin, so if we will invest and hold, choose the right one, that you will not regret in the future. indeed we must choose coins well, because even when the trend improves, the potential of each coin will be different and we must choose correctly. if we only bet on luck, then there is a possibility of loss or profit that cannot be maximized. |
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I do not have too many opinions about BCH, but to my understanding, the price of BCH will follow the price of BTC, if the BTC goes up, then the price of BCH will certainly go up afterwards and if the price BTC price goes down, so BCH's price collapses. I don't like investing in BCH because to me, there is only one bitcoin in this market
BCH does follow the flow of bitcoin, compared to other altcoins BCH has a price action that is not different. and indeed sometimes it would be better if there was only bitcoin alone, compared to the many fractions of bitcoin. but in investment they will usually convey this because it will focus more on profits. |
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It will certainly affect a lot. But the important thing is that this disease has not yet led to many consequences so we have not seen the price of bitcoin grow. when China is insolvent and when the economy cannot recover, this flu could cause an economic crisis for the Chinese people. Therefore, we should have a forecast about the increase of Gold and Bitcoin in the near future, although it is always corrected, the trend will definitely go up. Now is a good time for us to buy bitcoins.
China was insolvent? I'm not sure about this. China is very rich, their cooperation is even very extensive in several large countries. I think this disease will not have an impact on digital currency especially it is bitcoin. the thing that will have an impact on bitcoin is about the economy, is this virus the Chinese economy will collapse? I do not think so. With one of these disasters, I think that China will experience a slight economic disruption, especially in areas where the source of the virus that is currently on the ground is still closed. and if the Chinese economy is disrupted I think they will quickly return to growth and this disaster will indeed not have an impact on the ecosystem in bitcoin. |
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I do it by not always opening the market, meaning that it opens periodically and also looks for sufficient information. so when the potential continues to exist, when holding hold of the tokens obtained will not feel long and scary. the important thing is that the developer always gives an update to the community, that's good enough to make ourselves happy enough to hold.
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Hey ... so, the actual facts we receive like that. a reason for BTC payments, because the promoter doesn't want nonsense. When this might need a new revolution, prize hunters are better off accepting coins that are already on the market. For several decades the scammer trend is still on the loose, this community is supposed to be fighting the scammers, one of which is to tell everyone to the crypto-world that the project is a scam with good reason and evidence. and I think someone is used to distinguishing between scam and legitimate projects.  sometimes it would be better to receive a definite coin than having to bet with coins owned by the project that we follow the bounty campaign. if we join a project that pays for sure with bitcoin, even though it's small but that's for sure. while payments With the coins they make cannot guarantee profits, interest in the market for new coins will be difficult unless they are truly great. |
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I trade on exchanges that support both. Then I can use BTC as my regular collateral and switch to USDT in volatile periods where I don't wanna take extra risk.
Right answer, i think people can simply do this thing because maybe (cmiiw) trading pair in BTC is more choice than in USDT pair, and price is almost same i think. If people afraid with volatile, just sell bitcoin to USDT after our trading executed and don't need to worry about volatile anymore. It all depends on the current market perhaps switching from USDT to BTC or vice-versa will make you a good amount of profit. you can also trade a lot of altcoins that are propotional to its trend for USDT or BTC. Trading should be fun if you know how to spot the possible trades. all depend on trade, and I believe this. using bitcoin or USDT depends on the potential that exists, so if we have the ability to trade then we will see that trading is fun and can make a profit. |
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