Impact of Future Global Economic in Bitcoin & crypto Price in 2021

[amirheavy666]

I think the 2021 year will be great year for bitcoin and Cryptocurrency

because the World Economic will have very bad status in end of 2020 and 2021 with this impact of Corona and other thing

I read some paper that said America and China just can recover their Economic recovery  at least in next 1 year in America and 2-3 Year in China

so it is my predict of price ...do you agree? get have a discussion about my idea  

coin                  April2020           Mar2021

Bitcoin                          6800$               25000$
Ethereum                      155$                 600$
XRP                              0.18$                0.5$
Bitcoin Cash                  230$                 1200$
Bitcoin SV                     185$                 600$
Litecoin                         42$                  200$
EOS                              2.5$                 15$
Binance Coin                 13.85$              100$
Tezos                           1.95$                12$
Cardano                       0.033$               0.05$
TRON                           0.012$              15$
Ethereum Classic          5.26$                25$
Neo                             7.25$                24$
IOTA                            0.15$               0.56$
Cosmos                        2.29$               10$
Zcash                           36.15$             150$
NEM                             0.036$             1$
Ontology                      0.4$                 2$

[cheater detector]

so it is my predict of price ...do you agree? get have a discussion about my idea  

What if you prediction is wrong? Everybody can predict only just saying.

[amirheavy666]

so it is my predict of price ...do you agree? get have a discussion about my idea  

What if you prediction is wrong? Everybody can predict only just saying.

hey,I want to discuss with bitcointalk member about this issue with their information and their analysis, man

[bitbunnny]

You have the certain point however it's really hard to predict anything at this moment.
There will be global economy crisis that is for sure but at this very moment no one can't tell for sure how deep it will go and how long will it last, that is why is also hard to predict the impact on cryptocurrencies.
Somehow I think that it might be worse that we can imagine now.

[tabas]

Still, we cannot determine if 2021 will be the year of recovery. The market has recovered partially last year if people are still attached to the all time highs.
Your prediction is not that much but they are likely to happen because the price are too close from the ath. We will see how quick Bitcoin will recover just after this virus.

[davis196]

Your predictions about the altcoin prices are very optimistic.I wonder why?
I don't believe that Bitcoin will ever reach a 25K USD price.Everything above 10K USD would be great.
The pandemic and the lockdowns will be over during the summer.This is predicted by mathematicians using statistical data.The problem is,will there be a new wave of coronavirus during the autumn,or maybe the next 2021 spring.Nobody is talking about that and if there is a new pandemic in 2021,there will be no recovery for the global economy.

[coinfinger]

Some of them look alright and actually believable (not that it means it will happen, just realistically "could" happen) but some of them look way too unrealistic for that currency. Just for starters BSV can't really go high that much in a logical sense, it lacks liquidity so if the price goes up that much, eventually some people will sell just a million dollar worth of it and keep it under 200 once again anyway, lack of liquidity keeps it low even if there are some big jumps higher.

Tezos for example is too much, 7-8 makes sense and even 10 can be argued but 12 is just too much, cardano looks just too little, I mean it is already 0.033 so why say it will be 0.05, that is a small increase, I am sure if everything else increases this much, that can become 0.1 easily as well.

[buwaytress]

Well, you know everything else in that list doesn't really matter, since it's just Bitcoin that going to haul everyone up by their asses as usual.

Just have to remember that when times are bad and regular Joes are hurting from layoffs, pay cuts, and rising costs due to inflation, Bitcoin won't be the first thing they turn to. If anything, regular Joe who has Bitcoin will be forced to sell it if he's got nothing left to feed hungry Joe juniors.

But, if states do continue to support most of the general population with pay, stimulus packages or whatever, then fine, Joe has money and if he could save some, he will be putting it into Bitcoin to preserve value. Maybe then, and only then.

[hugeblack]

because the World Economic will have very bad status in end of 2020 and 2021 with this impact of Corona and other thing
I read some paper that said America and China just can recover their Economic recovery  at least in next 1 year in America and 2-3 Year in China

Can you provide us with your information sources? Because we are still facing this crisis, and therefore we cannot yet predict any logical analyzes.

so it is my prediction of price ...do you agree? get have a discussion about my idea  

It is a mistake to give a restriction to a certain number without specifying the price range of the change in prices.

Perhaps it is better to wait until we witness how economic changes will happen and thus we can build forecasts accordingly.

Outlooks are positive, but in the long term, a year or more, it is the best investment.
As for Altcoins, I do not think we will see such growth.

[gentlemand]

My policy is wait and see. I sure as shit did not expect a global pandemic that would vapourise millions of jobs when touching myself to the price in the past.

Nothing operates in a vacuum. If the world economy is a smoking crater next year then I do not believe 'this is good for Bitcoin'.

[justdimin]

Honestly USA is not really helping out the small people all that much once again, the 2 trillion dollar stimulus package spends quarter of that to huge corporations to keep on being wealthy once again, these companies makes billions of dollars of profit every single year, maybe it is time they learn that the crisis that could happen like this (or 2008) could hurt them and they should either have an insurance against stuff like this or if they can't get insured just have some liquid assets to keep going like nothing happened until the crisis is solved.

They both fired 10+ million Americans and they also got free money basically, now all they have to do is wait around and eventually everything will be okay for them. Meanwhile the regular joe gets nowhere near the amount they need, plus they are fired as well, how is this helping them at all.

[amishmanish]

Lets just stick to bitcoin. The post-pandemic world will be quite different from the present one. One of the major changes will be less mobility of people between countries for business and jobs. The corporations in west won't resort to hiring the expensive workers at home anytime soon which means greater dependence on online and outsourced jobs. Here is a decent opportunity for bitcoin where a lot can depend on ease of usage, availability of good UX/ UI products as well as transaction costs. This would also be a good time for services like purse.io to expand geographically. Albeit, before amazon et al get hands in gloves with this CBDC idea.

There is also decent opportunity for all those blockchain logistic companies because i suppose people would like to handle less and less paperwork for international trade. There is a chance of this happening as COVID-19 lockdown compulsions can transform to long-term behavior changes.

[Hippocrypto]

Honestly USA is not really helping out the small people all that much once again, the 2 trillion dollar stimulus package spends quarter of that to huge corporations to keep on being wealthy once again, these companies makes billions of dollars of profit every single year, maybe it is time they learn that the crisis that could happen like this (or 2008) could hurt them and they should either have an insurance against stuff like this or if they can't get insured just have some liquid assets to keep going like nothing happened until the crisis is solved.

They both fired 10+ million Americans and they also got free money basically, now all they have to do is wait around and eventually everything will be okay for them. Meanwhile the regular joe gets nowhere near the amount they need, plus they are fired as well, how is this helping them at all.

I felt sad for these people, but with their current situation I think this is a huge problem to solve for their government. That needs more jobs in order to resolve the underlying problems financially. Bitcoin an cryptocurrency price is very much affected, because this isn't just about America but for the whole world. Crisis is really affecting massive sectors, and there's no assurance for crypto price to recover easily.

[adaseb]

Maybe your prediction for BTC, ETH and maybe XRP will come true but the rest will most likely never reach those prices. Do you really see Bitcoin SV at $600?

China will take a long time to recover because you need to understand that most of the stuff that American's buy from China will not return to a normal trend for years. Basically nobody will be buying $1000 iPhones anymore they will just keep their old phone, same for other luxary goods that they don't require. Most people I know they got a credit card bill that is only 50% of what they normally pay. People will get used to saving money and it will affect many sectors and it will hurt China alot most likely.

Also factor in that most people will be unemployed and no money to buy goods made from China. Hence the next 5 years or so can be a difficult time for China. Because the USA needs to recover first before China can recover since American's consume most of the China goods along with the rest of the world.

[Ozero]

The coming years for cryptocurrencies will be really very interesting and unusual. We may well be able to see a similar increase in prices on the cryptocurrency market. We have already begun to say that we are entering a very tough global economic crisis, which will be stronger than the previous one. During this crisis, a decentralized cryptocurrency should prove to be a financial asset that is resistant to the inflation of ordinary currencies. In this regard, the demand for cryptocurrency in this difficult time should increase significantly, which means that its price will also go up.

[pooya87]

i still don't think it is possible to predict how bitcoin is going to react during an economic recession or basically "bad times" as you say. there is a good chance that bitcoin continues rising regardless of what is happening in the world but that rise may not happen at the same speed as before. for example looking back price should exceed $100k by 2021 but if a recession were to occur it may be smaller than that.

I read some paper that said America and China just can recover their Economic recovery  at least in next 1 year in America and 2-3 Year in China

how can US recover faster than China when the economical impact of Coronavirus is a lot bigger in US compared to China?

so it is my predict of price ...do you agree? get have a discussion about my idea 

no, i disagree.
some of these altcoins may not even exist after 2 years let alone rise up that high.

[Findingnemo]

Really its good figures to see but do you think it is possible to reach that value?

Possibly yes and no, so it all depends on coronavirus lifetime,if the virus is going to stay here for longer then the prices will be in the low region for more longer as well.

[carter34]

Really its good figures to see but do you think it is possible to reach that value?

Possibly yes and no, so it all depends on coronavirus lifetime,if the virus is going to stay here for longer then the prices will be in the low region for more longer as well.

I was to say it might not be possible because the corona virus problem but some nations are getting up to working again and others too getting helping hand now. Maybe it will go away before the year next.

[Slow death]

I must say that this pandemic is being a great disaster, I am not an economist but I will talk about the things I am seeing in my country ... my country is very poor and produces almost nothing, the price of food has increased by 2X, the prices of cars and many other things that are imported are rising in price at a frightening speed. I wonder if we will be able to buy food next year in my country, I don't know what measures my country's government will take to reduce the impact of the crisis, my country's companies are laying off a lot of workers... with what I reported it is clear that hardly nobody from my country will have money to buy bitcoin

[Findingnemo]

Really its good figures to see but do you think it is possible to reach that value?

Possibly yes and no, so it all depends on coronavirus lifetime,if the virus is going to stay here for longer then the prices will be in the low region for more longer as well.

I was to say it might not be possible because the coronavirus problem but some nations are getting up to working again and others too getting helping hand now. Maybe it will go away before the year next.

So you are saying this will last long for this whole year then we may need at least 5 years to get recover from the lost we made economically all over the world so hope it will end before the second quarter of this year.