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most people only predict to be $1, it's too high it feels THERE to reach $10 but anything can happen in this cryptocurrency world
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Bitcointalk Username: riazkyalhabsy
Current post count: 570
Merit earned in last 120 days: 0
ETH wallet [Address Must be from MetaMask wallet]: 0xafe2B81f0f620c80e9c01b6936A406848CcdCa68
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What do you think about Dogecoin which has seen huge improvements since making their newest ATH This is one of the ancient coins which is very hot right no  |
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I think XRP is a very strong coin, it can stabilize quickly when a dumping attack occurs. I'm sure he can return to their position, this is just my opinion
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I think for the end of this year I haven't been able to touch $ 1000 maybe just break $ 800 by the end of 2020. everything will change and will be better in 2021. Let's wait for the surprise
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Authentication Post
-Bitcointalk profile:
-Telegram username: @Rizkyalhabsy
-Erc20 ETH address: 0xB9Da02589a12e38F773b7B40D813a8123B274531
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There are not many options for the government to deal with the COVID-19 pandemic, the fastest way to restore the economy must be
printing money. That will definitely have bad long-term effects, and there will be inflation in the near future. But for cryptocurrency it will
not have been heavily affected so far, and also for Bitcoin it is proving to recover quickly. So this is what many people consider to start
investing in cryptocurrency in conditions like now. Because indeed investing in crypto, especially Bitcoin, can be a store of value.
Printing money is not the only solution, and I am sure that the government still figure out what method will work with their situations. The Covid-19 still be with us. I heard that the scientist is almost found in the vaccine. We can hope the vaccine can be found and distributed to each hospital in every country before the end of this year. We hope that inflation does not have a bad effect on every country because people still suffer from the conditions now. Bitcoin can recover so far, and hopefully, everything will change in the next year. This is what I really salute cryptocurrency, especially Bitcoin is still recovering so far, your prayers are included in my prayers too because there are so many friends, relatives and family who have been exposed to Covid19. healthy greetings for our earth |
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this is not dead, why do so many say that the coin is experiencing a decline more than they think it is dead?
all alt coins must experience ups and downs in price, don't panic.
Dead coins are coins that are no longer spinning and are missing in the market I think
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first you should know that the father of cryptocurrency is Bitcoin.
it looks like ETH needs more time to match or pass bitcoin. Just look at the past few years, especially in 2017 ETH still can't match bitcoin.
Dominance:
BTC 58.2%
ETH 11.5%
USDT 4.37%
the bitcoin market is very dominance
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Sorry i'm not getting your idea
What I meant is even some countries don't allow the use of cryptocurrencies directly for usage, but a lot of country allow the use of cryptocurrencies for investment. And that's what i meant about the investors of crypto. For example, my country allows the use of cryptocurrencies as an investment, and my country is in recession now. It is surely affecting the investor from my country, and a lot of them withdrawing their assets in crypto for their living. |
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I think for this year IDENA has not been able to touch 1 $ but for the next year or the next year I think it can. This is a good Oracle project and has a 500% increase from the launch price, please check https://www.coingecko.com/en/coins/idena |
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because not many countries allow the use of cryptocurrencies directly to the public, economic recession has no effect on cryptocurrency.
however, when the economies of some countries end in recession, cryptocurrencies actually thrive.
The success of cryptocurrencies in this pandemic is the impact of people perspective who do not trust fiat and prefer to invest in cryptocurrencies
to secure their assets during a pandemic or be cautious of a recession.
wow like that, but what about those who invest in cryptocurrency? more and more who invest in the world of cryptocurrency, there must be an influence in cryptocurrency itself? I think this crypto market has been greatly influenced by investors |
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harmony (ONE) are good to invest in but getting to 500 at the moment seems really tough as there isn't enough playability.
this is just my opinion because we will not know where in the future in this crypto world
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What impact will it have on cryptocurrency in a country torn by recession in the COVID19 pandemic?
some developed countries have entered recession. I just want to know what impact it will have on cryptocurrencies in your recession-ridden country
Reduced economic activity cant have positive influence on any commodity or asset. But the way governments will fight recession, so with printing money. That will have positive influence on Bitcoin. Overall we might see that Bitcoin purchase power will not increase much, but fiat currency purchase power will. So that way Bitcoin price in fiat will increase, but in reality will stay stable. in your opinion, it could affect bitcoin to be stable and even soaring like that? This means that it all depends on the government how to respond in case of a recession in their country |
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When an economic downturn occurs, cash flow is stopped circulating in the market and related manufacturing and services industries are affected depending on specific circumstances.
Cryptocurrencies in a pandemic are a solution for people to limit their cash, helping to prevent a pandemic.
Cryptocurrencies are just a payment solution and they cannot help rebuild the economy. We can only track money movements more easily and gauge movements through cryptocurrencies.
If a country collapsed, then cryptocurrency would be a good solution for the people of that country. A concrete example is that Venezuelans use Bitcoin better than Bolivars.
If the example that you say like Venezuela uses bitcoin better than their own currency will not cause it to worsen like inflation in their country. if that didn't happen then their country was extraordinary |
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The actions of Central governments all over the world means they want to spend their way out of recession and this is good for Crypto because some of these money will find their way into Crypto. Just look at US and the way the Airdrop money has helped Crypto. Crypto is not recession proof but what would determine its performance in recession depends on the policies of these respective government
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thanks for the answer you gave, it means that there is a recession in developed countries, for example, what you say like the US will not change their legality of cryptocurrency right. this is so amazing
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