Many countries of the world really experienced economy failure during the covid-19, that was killing citizens in the country. Many citizens are still in isolation center receiving treatment from the hospital which is really causing the government serious worry about the citizens in the country, that is making the government to do everything possible to end the virus in the country.
Since many countries has found the vaccine for covid-19 show that the economy that covid-19 collapsed during the pandemic will be fully restore back to normal in the country. Many citizens will now return back to their normal activities in the country, since the government has got the vaccine for the virus that is causing many citizens to lose their life in the country.
At the current rate of vaccination, we can see real results at best only by the summer, when the epidemic will again decline due to natural causes. Despite the new restrictions adopted by the state authorities, it is quite problematic to talk about a full recovery of the economy to a normal situation. Small businesses suffer greatly due to restrictions, including the fact that a significant share of profits was earned on Christmas and new year holidays, and now there are serious problems about this. Therefore, we can be happy about the appearance of COVID-19 vaccines, but the situation is still a long way from normalizing. |
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I mean imagine, you've Bitcoins but there isn't much cash available in the market to buy your BTC, or simply put people can't afford it? Will bitcoin be of any value then?
Yes, still there will be value. Because many peoples can't afford to buy 1 Bitcoin currently but they have been buying in satoshi. Then the same thing will happen if BTC surpassed fiat value.I don't think the price will go out of reach, but if it does, there would be an upgrade chain with more decimals. So, then everyone would buy that. Also don't think there will not any Bitcoin competitors in the future. Who knows if bitcoin exist or upgrade in new technology after a hundred year? In fact, it often happens that the value of something on the contrary depends on rarity, not universal availability, and I think this also played a role in creating bitcoin with its limited number. Although for many people to strain too many zeros after the decimal point. Also, let's not forget about alternative coins, which will definitely continue to have their share of the pie and allow the mass of people to join the world of cryptocurrencies. |
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I beg to differ. Milan is not weak without Ibra at all. They performed better this season when Ibra was not playing. He adds a lot to the team and I get that so many people treat him as a god, but he is not Milan. Milan has a good core of players now and with some good transfers they can get back on track like before. There is a lot players in Milan now with really good character and that adds up.
I also want to say that it is a strong exaggeration to say that modern Milan is very weak without Ibra. Although Ibra certainly had a great season before his injury and this is a bad event for the club. I think that at last in recent years we can finally see a competitive Milan that will finally stop disappointing its fans and will continue to fight for the highest places and titles. |
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If Dybala decided to join Man Utd is certainly for a reason which we may not understand but there chance that Pogba may not join either Juventus or Real Madrid due to something happening privately in the club which was exposed by Pogba manager and the club fans are advising the management to loan Pogba to Barton.
I'm not sure that Manchester United, in their current state of disrepair, can be a good option for a player like Dybala. I think David de Gea has already cursed the evil fate that prevented a move to Real Madrid a million times. After the great Ferguson stopped coaching, there is not even a glimpse of the great Manchester United who wrote the history of English football. Pogba feels this very well and wants to leave the club by all means. |
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Floyd's real fans are though people buying tickets and PPV just wanting to see him lose, but it ain't happening as Floyd hasn't lost, not this exhibition match. So I doubt that his real hard core fans are going to buy tickets because they know that their boy are going to win, for all the fun fare of this fight with a Youtube sensation, not a true boxer.
What do you want from Floyd? It seems that this person has never hidden and does not hide that he is engaged exclusively in earning money, especially since the official career of Boxing is already over. I assure you that if any future fight is threatened with a potential loss, Floyd will refuse this option because the entire advertising campaign is based on the absence of losses. So now there will be all sorts of bloggers and kickboxers in the competition according to the rules of Boxing. |
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This was very strange group and Inter ended as the only real looser. I think Shakhtar is very happy with 3rd position which leads to Europa League.
Shakhtar won twice against Real
G'ladbach won twice against Shakhtar
Real won twice against Inter
Inter - Shakhtar, did not score a single goal in 2 games
I'm not sure that a team that beat a team like Real Madrid in the Champions League group can be very happy with third place in the group  Although of course the further continuation of the European Cup campaign, even if already in the Europa League, also has a good result. It was fun to watch the Munchengladbach players huddled at the small screen on the edge of the field and exulted over the draw in another match; D |
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Well, usually such loud forecasts are not just born. The forecast was published just during the height of the bull run. When the price was getting ready, the ATH of bitcoin was already being updated. Such a forecast could appear as an additional incentive to buy bitcoin. After all, we already remember similar forecasts in 2017, when predictions that bitcoin would cost 500,000 and even a million were poured from everywhere. But it was just a game for the audience.
Regarding the economy, well, despite the difficult times and the pandemic, this does not prevent bitcoin from growing in price. Just in times of macroeconomic instability and monetary insanity, many are switching to bitcoin to storage value and hedge risks.
I also wanted to say in a similar vein that the difficult economic situation on the contrary can help spur the rise in the exchange rate price of bitcoin, because indeed investors can consider bitcoin as a protective asset due to its potential deflation and limited issue. Also, do not forget that the main means of fighting many States have chosen to print a lot of money, which can also help to raise the exchange rate. |
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How bro? This will lead to the collapse of the Chinese economy soon!
Look in countries around the world, are there any countries that accept Bitcoin as the primary payment currency? The answer is: NOPE!
If China uses Bitcoin, it means that they will not be able to trade with the surrounding countries because the surrounding countries do not accept Bitcoin.
This will inevitably make China's economy go down and even suffer an economic crisis.
Where did you find in the article that China uses bitcoin as the primary payment currency?! On the contrary, the Chinese political and financial authorities consistently and methodically oppose this, and the introduction of the digital yuan fits into this strategy. And in General, it is hard to believe that any economically significant country has introduced bitcoin or some alternative coins as the primary payment currency, because this means the capitulation of the state in the field of credit and monetary policy. |
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economy after COVID 19, we hope to recover quickly. because seeing the current economies around the world collapsing and experiencing a decline. this resulted in people experiencing distress. so I thought that maybe a way should be taken to continue accelerating the economic recovery
Through how? printing more money? the lockdowns are the reason why people's lives are in distress. Especially the ones that are from under the poverty line to the under average living people. Their jobs and businesses were mostly postponed due to it. Why the big corporations are able to continue but with a certain limit but at least, they've got something to earn from even with these tight policies during the covid19 crisis. Printing more money is not the worst way to solve problems in the current difficult economic situation and is a long-standing and proven economic tool in the hands of the state. Another question is how to sterilize the excess money supply after COVID 19, because it is not a big secret that money printing was actively used by governments to stimulate the economy before the epidemic. |
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I also really doubt that there is a lot of people with a significant amount of money that have not heard of bitcoin at least once, in my opinion they are not the problem because they are on their right to invest in this market or not if they want, the problem is the average person, they do not have savings so in their minds bitcoin offers nothing different than any other investment opportunities since they cannot take advantage of it, and when it comes to bitcoin as a currency they do not see any advantage either because they do not care about being their own banks.
The average person does not have to navigate the intricacies of markets like professional investors or rich members of society who are engaged in increasing their capital. A simple person does not want to lose their last savings in the event of an unsuccessful investment, and therefore, in the absolute majority of cases, the choice will be made in favor of familiar and understandable financial instruments. Also, do not forget about the current epidemiological situation, which has put many households on the verge of physiological survival and also does not contribute to the emergence of thoughts about investment. |
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I'm starting to wonder if the availability of cheap money and the fact that interest rates are so low, it is currently causing a lot of money to flood into all sorts of assets. It's causing record stock market highs even though we are in the middle of a recession, pushing the price of gold up, property is currently more expensive than ever in many countries and bitcoin is simply following that trend. When money starts to become tight again, there might be a quick outflow and it will be interesting to see how bitcoin ends up.
It all depends on how bitcoin will be perceived by the market. If bitcoin is perceived by the market and investors as a protective asset like gold, the exchange rate value will continue to grow. If bitcoin is perceived as a financial or stock asset, then a correction in the exchange rate price is inevitable. The most important thing in this situation is that no one can be absolutely sure about this issue. Also, no one can say exactly when quantitative easing will start to end. |
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If there's a complete cure for covid 19 in the mere future, the economy will soon rise again because right now due to pandemic the production rate of all products has been reduced that lead to lack of supply that cause a huge drop on our economy, and if the restrictions(social distancing, quarantine, lockdown and etc..) have been lifted the shortage of production rate will again increased due to increased in man power.
As for the banks I think they won't face any problem on that because they can easily change Fiat to digital or vise versa due to the help of the government and the society itself.
I think that we should not hope for a complete cure from covid-19 in the near future, because this is a question of mass vaccination, and this is purely organizational and technically difficult to solve in the next few months on a large scale, it also depends on the conditions in the state itself, how the population is distributed, whether the state has the necessary funds to create and support infrastructure for storing and distributing vaccine doses that require very low temperatures. |
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I agree with you. However, digital currency is much more stronger than fiat because it is fully centralized by the central banks. You can launder those money without being caught by the authorities. Everything will become more transperency, easier to trace and you sn not escape from the government. I wonder if professional hacker can interupt the system. This can be consider as innovation of humankind although many people will be fully controlled by their country. Just look at China. Even though cbsc is just a test, citizens behaviors can easily be observed
As mentioned above, the digital currency of Central banks is only one form of Fiat currency and any opposition between them is meaningless in its essence. I think that despite the greater degree of state control over digital currencies, hackers will still find loopholes and ways to deceive the system, because the confrontation between the shield and the sword has a long history and will continue at a new technological level, because absolutely everything is impossible to foresee in principle and there will always be things that allow for double interpretation. But this is a philosophical question |
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if the country is led by a wrong president then all that will be devastation like Venezuela this country is so rich in oil but now this country is hardly developed so much crime and also drugs there have been traded this country is so free and everything seems It will be worse if this continues. Corruption is also a problem for many countries which makes a country's economy worse.
Corruption is not the main problem for Venezuela, and the root of the problem is the difficult internal political situation in the country, plus poor economic management, plus external influence. It is precisely the oil wealth that has become a curse for Venezuela, because falling oil prices no longer compensate for the shortcomings of public administration and social distribution as in previous years, and the pandemic that has come also adds its own colors to the picture of events. Also, let's not forget that Venezuelan oil is not as profitable as Saudi oil due to its chemical composition. |
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I really don't get why most people feel like the fate of crypto or bitcoin rest on who ever sits on the presidential seat in the white house, for God sake bitcoin is decentralized digital currency which means it is not controlled by any government, so it has nothing to do with either Biden or trump, the only currency that has anything to do with them is the US dollar "$" and not bitcoin, cus it doesn't depend on any government, so with or without any of them, bitcoin will continue to prosper It is definitely more complicated than that The truth is, the decentralized nature of cryptocurrencies doesn't make them "decentralized" from people as it still comes down to people using or avoiding the use of crypto. So it does actually depend on who is in the White House as well as their attitude toward cryptocurrencies simply because their opinion greatly affects the thoughts and actions of millions of people (otherwise they wouldn't be in the House in the first place). Call it herd mentality or whatever, but it is real and shouldn't be discarded or thrown away We could only talk about a strong impact on the future fate of cryptocurrencies as a result of the us presidential election if the attitude of presidential candidates is very positive and, on the contrary, sharply negative. Nothing like this seems to have been observed, and cryptocurrencies do not seem to have been mentioned at all during the election race and did not stand at the head of the future agenda. Apparently, we can talk about a quiet evolutionary path of integrating bitcoin into the economic system and much will depend on the personnel decisions of the new administration. |
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I can say the market is just seeing the impact of the last halving event and if the demand from these high network people is true then Bitcoin rally is just getting start, the new BTC coin entering the market is not enough for them to buy, the only minus in this cycle is the level of uncertainty in the world now, if we have all these Vaccines approved and people can go on with their normal life 2021 would be an amazing year for BTC holders
Depending on what will be amazing in 2021, let's hope not in the degree of correction of the exchange rate value of bitcoin Because the previous time in the next year, after an incredible rise in prices, nothing like this did not please, but rather disappointed, and this disappointment lasted for several years, giving rise to talk about a bubble. Of course, halfing is also partly responsible for the current momentum, but I would personally prefer a normal stable price increase for several years than an amazing rise and then an equally amazing fall. |
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Seems to me as if I've heard all of this before--maybe not by Citibank, but nothing in that statement is original. Pretty much every bitcoin bull has been saying the same stuff since the beginning of bitcoin. Same goes for gold bugs, too.
On the other hand, even though I'm unimpressed by this, that doesn't mean other folks won't be or that it's not a bullish thing for bitcoin. In fact I do think this is pretty bullish that a major bank's analysis of bitcoin's future is positive, because a lot of people who might otherwise not have given it a second thought are probably going to read this.
And wouldn't you know? Bitcoin is above $16k as I write this. Yowza!
Despite the fact that this statement about digital gold is not original and new, it is still worth reminding about it as often as possible in order to form the right mood among investors There is also a big difference when such statements are made by a little-known expert and quite another when such statements are made by such a solid organization as Citibank, whose opinion is listened to by many investors. And indeed, even if this does not impress you, then let it impress others and send the exchange price to heaven |
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The economy is a driving force that rises and falls. Its rise and fall depend on many materials not just dollars or oil. Before the discovery of oil, the Arab countries were zero. They are holding the market from oil and from the US dollar. Whether the COVID 19 vaccine enters the market or not, the world economy is gradually coming out of the negative effects. In that case they can use other currencies if they do not get dollars. The next time is very important for America.
It is probably too early to talk about getting out of the negative consequences, given that the number of States that impose partial or even full quarantine on their territory is growing again and it is completely unclear when all this will end. There is also no confidence that the upcoming pre-Christmas period, which provided a significant increase in trade turnover and provided the lion's share of annual income for small businesses, will now be able to show comparable results. Despite some support from the state, the service sector is in a difficult situation and not all subjects of the sphere will be able to survive the pandemic. |
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What bothers me in this pact is that China seems like it's trying to create its own 'sphere' wherein they could easily implement something and others would freely trust it because, well, they belong to the same pact. Kinda like what Japan envisioned during WW2, the Greater East Asia Co-Prosperity Sphere which promised 'co-prosperity' and 'peace' along those within the network. Only this time, China acts as a passive, free-trading entity sans the aggression (?) imposed on other members. I just hope though that this does not develop further into an EU-like structure that is crumbling by the day. It's good on paper, although on practice it's a different story.
I am not sure that this can develop into a political plane, like the European Union, if only because the signatories have a lot of contradictions in political issues. To a certain extent, this is a trade victory for China and a guarantee of continued economic growth, along with continued growth in trade turnover in the region, when the United States of America is trying to isolate its economy from Chinese goods and Chinese capital by staging trade wars. |
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