With each passing day, the market is starting to stabilize, and BTС is also gradually dropping in value, which is to be expected. It seems to me that Bitcoin will drop to about $ 20K. I do not recommend investing in cryptocurrency now, as the market is expected to fall gradually.
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Cryptocurrency is becoming more and more popular every day, many shops and large companies are actively using cryptocurrency. But cryptocurrency is not yet capable of replacing fiat money, for cryptocurrency to become a world currency, it is necessary to introduce its use in all countries. It is very problematic to do this, since many countries do not trust cryptocurrency and are not going to support it because it is extremely difficult to control it.
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Yes, due to the pandemic, the situation remains tense. Many businesses are closed, companies are on the verge of bankruptcy. But the cryptocurrency is still popular all over the world, I will be glad if the cryptocurrency brings you money.
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To some extent, the coronavirus benefits the whole world, people began to use non-cash payments more often, began to value their health and take care of it. Of course, the virus damages the economies of countries, but this can serve to develop the economic system in the future so that this situation does not happen again.
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Well, if you have a decent starting budget (about 0.2 BTC), I can recommend staking. I tried to participate, but with my investments the profit was very small (I invested 1ETH). Just keep in mind that your reward depends on the participants and the funds they have invested, the reward will be getting smaller and smaller every day.
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Now, when BTC costs $ 40,000, talking about the death of cryptocurrency is not entirely appropriate ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . In my opinion, cryptocurrency is now very popular all over the world, it is used by online stores, large companies, if the cryptocurrency dies, companies working with cryptocurrency will go bankrupt.
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Obviously, no one expected such a growth in BTC. The saddest thing is that sooner or later it will fall anyway, this is the law of the market. I have always felt sorry for people who invested their last money in cryptocurrency in the hope of getting rich, these actions most often ended in failure. BTC should not be viewed as a means of earning, it is rather a lottery.
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Many countries are hesitant to switch to cryptocurrency due to the fact that it is rather difficult to control, almost impossible. What about taxes? Countries are likely to start taxing citizens. But so far these are just rumors, no one knows what will happen next.
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Well, I think there is no point in investing in cryptocurrency if you have millions of dollars in cash. After all, cryptocurrency can either make you a huge fortune or leave you with nothing. It will be much easier to invest this money in real estate.
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The new year starts with good news. Already now BTC costs about $ 30,000, there has been no such growth for a long time. Do you think the popularity of cryptocurrency is related to the pandemic? Personally, I believe that cryptocurrency has a huge future, you just need to wait a little.
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Finally, large companies began to pay attention to cryptocurrency. Every year more and more companies start to implement cryptocurrency into their payment system, now you can even buy goods in some stores for cryptocurrency. This means only one thing - cryptocurrency is gradually becoming a popular means of payment.
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I would not buy the COVID-19 vaccine with cryptocurrency, it seems very suspicious to me. It will be much easier to buy a vaccine in pharmacies or medical institutions, but as a last resort, order it online from trusted companies.
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#PROOF OF REGISTRATION Bitcointalk Username: Freeesta Telegram Username: @Richmetal Participated Campaigns: Signature
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The transition to cashless payments has already begun. I think it will not take much time. We are gradually accustomed to make payments by cashless payments, because it is convenient. It seems to me that in two years, cash can disappear completely. It is much harder for the government to control their movement. After the crisis, the economy should be updated and this brings changes in the use of cach.
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It is beneficial for the government to show interest in cryptocurrency. This may be one of the levers of power. By controlling the cryptocurrency, you can have a large income from paying taxes. Cryptocurrency is always expensive. Perhaps in the near future, more and more countries will enter their cryptocurrency and control it.
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Definitely in the near future will restart the global economy. That's right, I agree that countries have stopped developing simultaneously. Therefore, we will come out of the crisis together. Strong countries will begin the process of overcoming the crisis and pull up the weaker ones. Let's hope that this process will happen very soon. The growth of production, the restoration of individual industries will help us to develop further.
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The suspension of the issuance of visas for highly skilled workers is a necessary measure. If we compare the risk from the imported virus and the shortage of professional workers, of course these are disproportionate . Now in a pandemic, we can do without additional labor. I think it is necessary to wait for the production of the vaccine and only then talk about the displacement of people from the rah countries. I think the unemployment rate in the US at the moment is no more than in all other countries. This is temporary.
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I think there is no limit. It seems to me that now is a very convenient time for the accumulation of bitcoins. I would advise you not to spend bitcoins now. Sometimes a large sum of money may be required, then it will be possible to think about how to spend the savings. And I do not think that someone will set limits for themselves. Because the more, the better.
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I think the effects of COVID-19 can be compared to war. There is also a collapse in the economy, people die, many lose their usual lives and lose their jobs. It takes a long time to restore the situation in the world. Because she has affected all countries. But we have the opportunity to re-restore the economy because production and fixed assets are intact, they do not need to be restored as after the war. It will be several years, perhaps, before we return to our usual lives. After the virus, recovery will follow, not war.
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