Everything has been affected by this corona virus even the BTC.
We have seen the price of crypto drops down when corona is spreading through other country and not just crypto but also stocks.
So corona virus isn't just harmful to fiat currencies but to the economy.
The coronavirus is not dangerous directly for BTC) Coronavirus affects primarily people and as a result, it leads to a decline in the economy. Therefore, we see a drop in the stock market, which as a result of the panic affected the cryptocurrency market. |
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Many Company forced to shutdown because of the effect this pandemic. Specially those company who made business with China, it was there supplyer of there materials. But now as I observed global is suffering about this disease. I hope this will end soon.
Yes because the drug was invented to cure the disease or because the Chinese Embassy said that China has been much easier than before and has been able to prevent the virus. But till now trade in different places of the country has stopped because it has spread to many countries. Today, we received very positive news from China: there has not been a single case of a new coronavirus disease in the past 24 hours. But new cases have been recorded in those who have now returned home from Europe. They were all quarantined. And now China has gone from an exporter of coronavirus to an importer of infection. Many industrial enterprises have resumed their work. |
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...“Looking at South African specifically, crypto adoption continues to rise with SA being one of the top five countries in terms of cryptocurrency ownership. Today I’m excited to announce that Binance is launching a South African fiat-to-crypto gateway soon. This will enable South Africans to buy cryptocurrencies with their local bank accounts.”...
I am not at all surprised by this expansion of Binance into the South African market. This is a planned expansion of its work from the Asian market around the world. A little earlier, we saw this development in Binance work with national currencies Russia and Ukraine. |
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...I believe that it could be a win-win situation for Bitcoin and other cryptocurrencies in the Blockchain space. Unless governments decide to start rolling their digital currencies to the world, everything will remain likely the same as it is today.
... I don 't understand why there is such a fuss about fiat money. I think that many people have credit cards , and accordingly, there is no need for such people to pay with fiat. Therefore, from the point of infection spread, there is no difference whether you will pay with a credit card or make a payment with cryptocurrency. |
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Just remind you if you must see how good the coin based on usability of the token. All of the deflation tokens are garbage tokens and these tokens can be called as scam token. I think that there was no more explanation about that because deflationary is a complete garbage idea. I just see more and more deflationary token scammed more and more people.
This is a crap idea.
Binance has its own BNB coin burned every quarter. This amount is always different and is calculated at the rate of 20% of the profit received by the exchange. This will continue until Binance destroys half of its coins from the original issue. So the BNB coin can not be called garbage. |
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Value is dependent on the individual. A bounty hunter can get into a project because he values the project whereas an investor can invest in such project because he sees huge gain or short term profit therein. Its an individual based decision.
In any case, we must understand the difference that bounty hunters make to investors. The former contribute their work, and the latter invest real money in the development of the project. Accordingly, investors risk their money if the project is not launched. And bounty hunters in this case will not receive payment for the work performed, which is not always performed efficiently. |
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even if bitcoin is more popular or expensive than gold, you cant compare btc is better than gold.
they have their own advantages and uniqueness.if BTC is at a rate of growth in value. then gold with its high liquidity.
and i guess gold still better than bitcoin.
I think that it is too early to make final conclusions. We must wait for the end of the financial crisis, which is now in its initial stage. But this will take several years. And only then can we compare what actually saved your investment better, gold or bitcoin. |
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Fiat currency is a physical object , so it is possible that the virus could be pass on to another person, that is why there are countries who avoids accepting physical money for their own sake because you can't really say if that money has been touch or not by an infected person.
This is where the fiat is disadvantaged, as people are often to use fiat and contacted it, the virus could easily transfer from one to another person leaving the disability of the virus to be airborne useless. Using crypto and other digital payments would be helpful on such cases like this, it might be even the solution for non-contact policies and social distancing. Transmission of the virus via Fiat money is not such a big problem. If there is such a percentage of infected, it is not large. The main reason for the spread of infection is direct contact with a sick person. We must first defeat the virus, and then the focus will be on the economy, including cryptocurrencies. |
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What people need to do is learn how to use the least amount of toilet paper as possible. It's not that hard. Like if I need to wipe my mouth, I take about two inches of paper towel and it works great.
I think that grocery's shops and super markets should pose a maximum amount of toilet papers that an individual can purchase. It is a matter of helping all families around the world having the necessary items in order to endure this pandemic situation. And we are egoists as people so we need a 3rd party to control this behaviors. Rationing is the typical "control" measure. Immediately giving birth to the black market and stimulating panic buys. It doesn't help, it makes it worse. If you leave it alone to the market force, the price should go up slowing buys naturally. Since most govs have declared emergency, they could just seize the goods anyway. Toilet paper isn't really priority, as you will find out. Soap is, so get that and learn the "India method" (a bidet helps). Where there is a great demand, there will be "businessmen" who want to make money quickly. And here we have a new ANN on the forum: ToiletPaper Chain (TOPA) -- Discord Coin Exchange http://archive.fo/CQZJ6Therefore, we do not need to worry, since the cryptocurrency market can also solve this problem. LOL  |
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Among my investigations, there was also one fake Libra: https://bitcointalk.org/index.php?topic=5193223 Here I wrote about the ownership of the Libra trademark. I think that scammers will come back to this topic every time to use the Libra trademark in their name. And this will happen even if the court prohibits the release of the original Libra. |
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Now that the Changegero.io issue "seem to have been resolved" what happens to the Newbie flag that is massively supported on their profile?
What happens to the "non use of trusted escrow" feedback that was left now that they have paid the first week(i think)?
Actual flag and red trusts are all about "promoting fake scam project" and have this thread as a reference. Now that the case is resolved, only one user has changed his feedback from negative to netreul notification and i think other users didn't yet notice that the issue with changehero has been resolved and that their feedbacks are no more appropriate. All the feedbacks about not using an escrow have been removed after the campaign paied first week . Let's see what will happen next . As am wearing the signature of BestChange since the biggenning of its campaign, i have been always inteested about the open accusations against the reputation of the project representer who is also managing the campaign. I posted three days ago after the update about the case been resolved with the accused exchange and many DT users reviewed their feedback, but some others still not. I post this to bump the topic and get more opinions about the actual situation of BestChange . I decided to bring this up because new details about the case have been revealed: https://bitcointalk.org/index.php?topic=5230166I think that it will not be difficult to read 2 pages of the topic in Russian using Google translate. I believe this is very important to restore the reputation of Best_Change. |
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How long will it last? What's the antidote for Corona?
Currently there is no telling when will it end but hopefully scientists and doctors around the world are doing their best to finish an antidote, vaccine and cure for this virus. Yes it crashes businesses but what can we do about it? Economy suffers when there is a crisis. A coronavirus vaccine is already being tested in America. But even if the tests are successful, mass use of the vaccine will not be earlier than 1 year. In addition to the coronavirus, the economy is hindered by the financial crisis, which will also go on for several years. Therefore, we need to learn to live in such realities. |
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When you talk about trusting a coin, you have to look at different achievements of the project working with the token or coin, the background and level attained. To me, Ethereum is a base token and can't be compared to BNB, unless there's better and strong competition from BNB. I go with Ethereum.
I also believe that you can not put these two coins in the same row, since they have completely different functions. BNB is the coin that created exchange Binance and the value of which is very closely related to the functioning of this exchange. And Ethereum is the basis for most cryptocurrency projects. |
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We all know bitcoin can become more useful at times like this since the use of fiat was proven to be medium for the passing of the said virus. The use of crypto is very ideal at the moment considering the fact that no physical contact is need, even when inside your house you can make a transaction and the use of paper money or coins can also be avoided to prevent the virus from gaining much larger scale of spreading. The value keeps on falling and I think that can be one of the main reason why people are panic selling, to avoid much larger casualties from their investment. They should consider atleast that the halving is near and corona might end soon.
Many people now sell their bitcoins at such a low price that they think they can buy them later at an even lower price. And so far we see that this scenario works. Here, the main thing is to be careful and remember that bitcoin can very quickly go to growth and many will then remain out of the market. |
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by exchanging banknotes, then a virus that can last for 10 hours on inanimate objects can be transmitted quickly, making it difficult to deal with it, therefore wHO supports digital transactions to avoid direct contact with someone, like cryptocurrency, at least reduce the spread of the virus widely
I think that the danger of Fiat for the spread of coronavirus is exaggerated. Now more turnover is accounted for non-cash payments using a credit card. As for the calculation of cryptocurrency , it may not be so quickly accepted by the governments. Now the first task is to defeat the coronavirus. |
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