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This is not surprising, given that cryptocurrency is still a little over ten years old. This type of financial asset is completely new and completely different from other traditional assets. To use cryptocurrency, you need to have certain knowledge, skills, technical devices, access to the Internet, and so on. The language barrier is also of great importance. For ordinary people who earn their living in a completely different activity, often there is not even enough time to be interested in cryptocurrency. Cryptocurrency has already achieved a lot in this short time. Therefore, I am absolutely not surprised by such figures. Cryptocurrency requires much more time for development.
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Well the gold often mentioned is more "shiny stuff" that lay around the surface imo, just if someone else considered it valuable.
Gold in the ancient times was on the surface of the earth and in caves... But for obvious reasons it isnt anymore. Howvere, I don't think gold has much of a purpose anymore (don't think it can do much platinum can't).
Water is also kinda worthless so the anology doesn't really follow I don't think... Most of western europe have springs and lakes that carry drinkable water (not sure about the rest of the world).
Gold will also retain its value, as well as many centuries and millennia before. Regarding water, then it was never useless. This can be confirmed by people with a hot climate. But in the future, taking into account global warming and climate change, the cost of fresh water will constantly rise in price. Glaciers melt and mix with the salt water of the oceans. In lakes and rivers, the water dries up. This trend will continue. Therefore, fresh water will be of great value. As for bitcoin, so far no one can say for sure about its future. We can only hope that his future will be beautiful. |
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We see that most states have taken too harsh measures to combat the spread of coronavirus and thereby have caused significant damage to economies. Business structures were also hit hard. Many of them simply ceased their activities. Therefore, definitely we will soon enter into a tough global economic crisis. With such crises, everything depreciates, including real estate.
However, this will be a good chance for the first time to prove itself to a decentralized cryptocurrency. We hope that during a crisis, cryptocurrency, on the contrary, will be in demand and grow in value.
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It seems that we have a coronavirus for a long time. It is clear that quarantine measures will, to varying degrees, last until the end of this year. However, it seems that we are confidently approaching the onset of the global economic crisis. This will drag on for years. In addition, we still do not know how this fight against coronavirus will end. He can continue to mutate.
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I also think like you. The corona virus is thought to be an economic virus and it was born to reset the game. It sounds fictitious, but this is true, Chinese people want to create this pandemic so that the powerful European countries will lose strength and they will be more powerful when their economy comes back. earlier. This is a very dangerous game and if the governments of many countries do not solve well, it can lead to economic crisis.
Perhaps the situation with the artificial spread of coronavirus is even more global in scope than just the far-reaching plans of the Chinese government. So much effort and money has been spent on combating coronavirus that it undermines the economies of most countries. They say that people under the pretext of compulsory vaccination against coronavirus can enter electronic chips in the future for total control over them. There are other, no less fantastic rumors. The situation is really very strange. |
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In percentage terms, ethereum is now really growing even better than bitcoin. Apparently, the expected appearance of improvements to Ethereum 2.0 in this coin is affecting soon. Or maybe some other factors. In any case, everything is going well so far.
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Since the beginning of this year, the cryptocurrency market has started to grow pretty well in price. Bitcoin was rising, as there was an expectation of halving the reward for miners for each new block of bitcoin mined. Therefore, if the coronavirus did not appear, then the price of cryptocurrency would be higher. However, it’s hard to name specific numbers.
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BNB is an internal token of the exchange, although one of the best now. In my opinion, not a single internal token of the exchange can be compared with ethereum, this universal base coin in cryptocurrency.
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Do not be fooled, Cov-19 doesn't disturb new project from launching, few new projects are using Cov-19 to make excuse, good quality projects don't see any reason to hold because of the pandemic, any project that do this should be considered as Controlled by weak team
The launch of any new projects, and not only in cryptocurrency, in the context of the coronavirus pandemic and unprecedented quarantine measures, nevertheless has a certain complexity. Quarantine conditions impose certain restrictions, precisely because of this, the world economy is now falling. However, the launch of new ICO projects in the current conditions is possible. If investors are ready to meet such projects, then I see reasons for concern. |
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You can also immidialtly know if the bounty campaign is scammers if they don't have team transparency because this is important to gain trust for potential investors. And always search if they are legitimate and not a impostor, and also ypu can also know if the project is scam on thier product or idea of this will really help thier crypto currency to become more popular.
In the last few branches of the ICO bounty, the size of the reward pool allocated in their new tokens is not directly indicated. It just says that a lot of tokens are allocated. If such an important point is ignored, then this may indicate a fraudulent intention of the team. |
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I think I like the caption of the thread, the restart part. Maybe we are actually going to have some sanity, unification and proper global economic integration after this health challenge that the world is facing in the name of corona virus. This has really brought hardship in the global economy. I'm sure some loan would be inevitable after this health crisis.
The onset of the global economic crisis in the near future is inevitable and this crisis will lead to large inflation. However, crisis and inflation are not only evil. Indeed, the world economy will be overloaded because of this and this will also create good prerequisites for its further development. Therefore, bad events always have something good. And we will be able to observe for the first time how Bitcoin and other decentralized cryptocurrencies will behave during the global economic crisis. Let's hope that the cryptocurrency market will benefit from this. |
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Bitcoin is online base currency I hope no any effect bitcoin price this corona virus only effective physical currency
It was about bitcoins and other cryptocurrencies that the coronavirus had the most direct impact when the price fell from 10,000 to 4,500, now we are winning back, but we have not won back even half the fall, and most likely we will not win back to halving. If it were possible to directly buy various goods for bitcoin and other cryptocurrencies, and in this case basic necessities and products, people would not put it up for sale through exchanges and the cryptocurrency would not fall in price. In any case, not so much. If quarantine measures are followed by a global economic crisis, then here we will see for the first time how such a crisis will affect the cryptocurrency market. It is assumed that in this case, the cryptocurrency will even have to grow in value. Let's see if the assumption about the growth of the cryptocurrency market as a financial asset that is not subject to inflation will turn out to be true. |
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Politicization of the virus is what we are seeing in the last few months. All of them (I didn't notice any exceptions) are using virus to promote
themselves and their parties. It's ridiculous what they are saying in the last couple of weeks, how they talk about virus, about their sacrifice for
the people, but under table they are pushing their own secret agenda. Scaring people and offer salvation in the same time is what they do, and
I see that this is working, and I doubt it will end in next 20 days. They imposed total control and this state is good for them, people can't meet,
people can't gather to talk and protest, in news all we see is the virus, everything else is not important.
Politics are inseparable from the economy, especially in those cases where the measures taken to combat coronavirus directly affect it. Now the economy is stopping or slowing down significantly in development, and therefore the issue of combating the spread of coronavirus can be called political. Trump's decision to abolish quarantine by Easter has a certain meaning, because the state suffers very large material losses every day, and the mortality from coronavirus is not so big. However, everything will depend on the extent of the spread of this pandemic, both within the United States and around the world. |
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If do not take quarantine measures, then in such a densely populated country like India tens of millions of people will die out. Therefore, such measures are justified. Moreover, quarantine for the entire population on a state-by-state basis is now accepted in many countries. People here already need to choose: it is foolish to die or to limit yourself for some time in food and other ordinary conveniences.
However, along with this, in all states, the economies are falling, apparently, we can’t avoid the global economic crisis in the near future, or maybe something worse.
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Well guys this is the end ,it was a great ride ,we made money,we lost money ,we had fun ,it was a beautiful journey . eth price today 109 usd bitcoin price 4864 usd They will never recover,at least we should learn the lesson from this crises. For me most important lesson is that money isn't real and it shouldn't be that important in life. https://www.youtube.com/watch?v=B4y48CBEQsoToday, the price of bitcoin, according to CoinMarketCap, is $ 6,592, and ethereum $ 136. Cryptocurrency again goes up and again everything is in motion. If you think that everything is over, then you are very mistaken. In cryptocurrency, it will never be boring. This year we are expecting a lot of interesting events, including, apparently, we will not be able to avoid the global economic crisis. We are still waiting for events in Bitcoin and ethereum. By the end of this year, the cryptocurrency market should significantly increase in price. |
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Cryptocurrency is developing very fast and it is very good. To keep abreast of even the main events, the participants in this forum need to constantly monitor new information and constantly learn. This is very noticeable, even if you do not follow the world of cryptocurrency for several weeks. This world is very interesting and fascinating. In addition, it gives us the opportunity to make a little money. From other traditional markets, this market is characterized by great price volatility. It can only be a little boring here if the bear market drags on for too long and there are no significant events.
Yes, cryptocurrency is developing at a very fast pace. Only it seems stable coins have recently appeared and have already quickly occupied their niche in cryptocurrency, and without them it is not very convenient to use cryptocurrency. The appearance and disappearance of certain coins and tokens already seems commonplace. For bounty hunters, this is an opportunity to earn and also lose some of them, which will remain the usual numbers in our wallets. Well, this is life, and it is constantly changing. |
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After a sharp drop in prices on the cryptocurrency market caused by the spread of coronavirus, now the price of bitcoin and the entire market is gradually recovering. Today we are already seeing the price of bitcoin at $ 6,483 after its initial drop to $ 5,000. It will largely depend on the effectiveness of the fight against coronavirus, because if this process drags on, then perhaps people will again be forced to spend cryptocurrency. Then it will again begin to fall in price. Let's hope for the best.
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Bitcoin is Down
As you can remember when the virus spread at the beginning BTC price sharply reaching $9,439 on January 28, 2019, and the markets follow the BTC as always many crypto markets rose up, that means coronavirus favor CryptoMarkets first,
But what makes Bitcoin price go down
As the spread continue people start to panic with the disease not Btc, thinking of many Negatives and some people exchange their Crypto to friendly fiat money so they can cover some emergency staff buys extra food, drinks, masks, etc, the simple view is that many sell result to cheapest sell which automatic kill the prices of an Assets.
In principle, yes, people urgently needed cash to buy food and basic necessities in order to prepare for quarantine caused by an outbreak of coronavirus. If the cryptocurrency had good liquidity and you could directly buy the necessary goods for it, and not first exchange it first on the exchange, then it would not fall in price, or its fall would not be so significant if there are reasons for the fall, as suggested , there were several. Someday in the future, such disasters will not have to affect the cryptocurrency market decline. |
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