Furious 7
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May 06, 2020, 08:04:10 PM |
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Covid-19 is good for cryptocurrencies and bitcoin in general, because governments will press more and more money because of the pandemic. However, cryptocurrencies are still likely to be impacted by some potential sharp movements of the traditional markets, so it's better to be cautious at this time.
Now even more use in terms of transactions where they are able to use crypto at the time of the pandemic happening at this time, but only some are still continuing to use fiat as their best tool but I'm sure cryptocurrency is able to move quickly after everything is over.
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Inosend
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May 06, 2020, 10:35:06 PM |
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As you can see crypto currency is doing very well despite the coronavirus panic this is a sign that digital rules the world, at a time every other currency is heading down crypto keeps mooning
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Ridwan Fauzi
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May 06, 2020, 10:41:26 PM |
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The novel covid-19 crisis has created a massive awareness in cryptocurrency that thrends, social media sites confirmed that cryptocurrency is one of the most discussed topics on the platform. do you think that this awareness that cryptocurrency deserved has finally arrived or is their more to offer for people to consider cryptocurrency as a means of long term investment.
Which platform that you mean? At least since this pandemic spreading cryptocurrency especially bitcoin has given a few thing that should be changed by most people. First, they have to change a negative thinking to cryptocurrency. As we may know who don't believe to bitcoin and they tend to belittle it. Second, now is a good time to change the payment method. Digital payment system should be used by most people on this world because it will be safe. Three, I can compete that bitcoin and gold are same. Both of them can be used as store of value. As you can see how many investment place like stock and etc who got failed to meet this situation but no with bitcoin.
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hahay
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May 06, 2020, 10:56:25 PM |
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Even when this pandemic continues to unsettle the public, the crypto market is able to rise and after the recovery occurs we still have a consistent increase and of course this event will attract more investors and even ordinary people to invest or just looking for quick profits in this market. That way, at least I'm sure for now and even until this pandemic ends the crypto market will get a sustainable pump because there is indeed a bitcoin halving event also in the next few days which might be able to trigger a faster and significant increase.
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HunterUnchained
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May 06, 2020, 11:09:52 PM |
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I think there will be massive interest seeing how Bitcoin and other reputable altcoins have continued to remain stable while several fists and economies are in ruins. Cryptocurrency has continued to dictate why it is different and not inflated as compared to other currencies. With gold, oil and other commodities crashing during this pandemic, Bitcoin has continued to rally making it a genuine asset to hold and invest in. I believe after this pandemic, most people will be looking to invest in cryptocurrency.
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tanjiran
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May 06, 2020, 11:15:37 PM |
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what is clear, this pandemic really opens our awareness to be more caring and open in accepting change. An existing system that has been in effect for a long time is no guarantee that it is the best. One of them is the conventional payment system, I'm not saying this is bad, but technology has evolved and payments using e-money are a good choice. Eventually, this change will also reach cryptocurrency, where the wider community will be more concerned that cryptocurrency is not only about the pros and cons, but the multi-function we get.
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ene1980
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May 06, 2020, 11:52:41 PM |
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Even when this pandemic continues to unsettle the public, the crypto market is able to rise and after the recovery occurs we still have a consistent increase and of course this event will attract more investors and even ordinary people to invest or just looking for quick profits in this market. The future is uncertain and there is no clarity on when everything returns to normal, government around the globe will be forced to open the market because of financial rippling affect the pandemic has created but if the government extends their plans on opening the market then it will tough for everyone and you cannot expect unemployed people investing in the market as you should expect many unemployment cases rising in the next few months.
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daniahya
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May 07, 2020, 12:18:12 AM |
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Covid-19 is good for cryptocurrencies and bitcoin in general, because governments will press more and more money because of the pandemic. However, cryptocurrencies are still likely to be impacted by some potential sharp movements of the traditional markets, so it's better to be cautious at this time.
Now even more use in terms of transactions where they are able to use crypto at the time of the pandemic happening at this time, but only some are still continuing to use fiat as their best tool but I'm sure cryptocurrency is able to move quickly after everything is over. certainly if this corona outbreak ends, cryto will return to normal and many people will invest in cryto, for now it seems like only a few are taking advantage of this moment to buy some bitcoin or altcoin, I hope this pandemic will end soon
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Saisher
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May 07, 2020, 12:53:29 AM |
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The novel covid-19 crisis has created a massive awareness in cryptocurrency that thrends, social media sites confirmed that cryptocurrency is one of the most discussed topics on the platform. do you think that this awareness that cryptocurrency deserved has finally arrived or is their more to offer for people to consider cryptocurrency as a means of long term investment.
After this pandemic the fate of the Cryptocurrency industry is secured the market is still moving even if we are in the middle of the pandemic, the industry is just starting out to become a preferred payment processor, some countries are already using it and many people are putting more trust in Cryptocurrency because of it's resiliency in the current condition.
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Tipstar
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May 07, 2020, 01:07:27 AM |
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The economic effect and recovery time would be different for different countries depending to their situation. And that would make a difference in how the value of fiat and other investments perform. Bitcoin and crypto being a global currency and not as affected by the pandemic would be a center of attraction for many people.
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michellee
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May 07, 2020, 04:37:29 AM |
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Covid-19 is good for cryptocurrencies and bitcoin in general, because governments will press more and more money because of the pandemic. However, cryptocurrencies are still likely to be impacted by some potential sharp movements of the traditional markets, so it's better to be cautious at this time.
Now even more use in terms of transactions where they are able to use crypto at the time of the pandemic happening at this time, but only some are still continuing to use fiat as their best tool but I'm sure cryptocurrency is able to move quickly after everything is over. certainly if this corona outbreak ends, cryto will return to normal and many people will invest in cryto, for now it seems like only a few are taking advantage of this moment to buy some bitcoin or altcoin, I hope this pandemic will end soon I hope that we don't have to wait for this pandemic ends that can make crypto will be back to normal, especially bitcoin will get halving in a few days later. So we have a chance to see the crypto will start to increase and who knows, after the halving, that will be a new time for a crypto to rise again. We all hope this pandemic will end soon so we can back to go out and a regular activity like before.
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soramon
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May 07, 2020, 05:46:24 AM |
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During this pandemic situation cryptocurrency is doing well. The price is stable not like stock market maybe investors are return to crypto. I think after this pandemic gone crypto have a chance to rise again. I hope this pandemic will end soon.
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reallester
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May 07, 2020, 06:34:49 AM |
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In my own opinion, cryptocurrency will remain strong after the pandemic. Even amidst the pandemic, some thought cryptocurrency would shamble. But to our surprises, alot of currencies gaining momentum. So I strongly believe that cryptocurrency has come to stay. It has faced and triumphed over all odds.
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Wildwest
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May 07, 2020, 06:43:50 AM |
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If we look at this time all the financial structure is very disturbed by the existence of the Garry-19 can even be in a very concern point, but we must realize that the crypto world is increasing and already in the current leading position and everyone is now beginning to believe in the crypto world can be in the land to continue to invest in the future.
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FanEagle
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May 07, 2020, 08:47:42 AM |
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The novel covid-19 crisis has created a massive awareness in cryptocurrency that thrends, social media sites confirmed that cryptocurrency is one of the most discussed topics on the platform. do you think that this awareness that cryptocurrency deserved has finally arrived or is their more to offer for people to consider cryptocurrency as a means of long term investment.
Even till now there are still a lot of people who are scared to invest their money in cryptocurrency, and there are some of them who are thinking that it is already too late for them to start investing in Bitcoin. It's only those that have the courage that are taking bold steps and investing their money in cryptocurrency without any fear. As for some, the reason why they are not investing in cryptocurrency yet is because they feel like it's going to make them quick money, and for sure, bitcoin does not give quick money, you will need to have patience to be able to benefit from it.
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rdewilde
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May 07, 2020, 09:23:49 AM |
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The novel covid-19 crisis has created a massive awareness in cryptocurrency that thrends, social media sites confirmed that cryptocurrency is one of the most discussed topics on the platform. do you think that this awareness that cryptocurrency deserved has finally arrived or is their more to offer for people to consider cryptocurrency as a means of long term investment.
I think the media is also doing a good job in making the potential and growth of crypto known to all and sundry when other markets are only but crashing, therefore I can say that the awareness crypto is gaining is good but there is still more to expect in the coming days. Also, With most markets struggling, crypto tend to be on the safer side hence as people are on the lookout for a better way out they will then see crypto as the best option, thus the reason I said there is more to be expected.
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zaim7413
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May 07, 2020, 09:53:30 AM |
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During this pandemic situation cryptocurrency is doing well. The price is stable not like stock market maybe investors are return to crypto. I think after this pandemic gone crypto have a chance to rise again. I hope this pandemic will end soon.
Yes, inadvertently investors may have started to like and return to the Crypto room again, because until now the stock market is still unstable and tends to decline, that's what makes investors return to crypto again.
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Chuky92
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May 16, 2020, 09:12:46 AM |
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The novel covid-19 crisis has created a massive awareness in cryptocurrency that thrends, social media sites confirmed that cryptocurrency is one of the most discussed topics on the platform. do you think that this awareness that cryptocurrency deserved has finally arrived or is their more to offer for people to consider cryptocurrency as a means of long term investment.
The awareness has been created already and it has come to stay, in fact even after the pandemic people will still be investing because they have to a good extent know and understand what the crypto space offers. In my own opinion, I think those who will likely have a different view about the crypto later on might be those who failed to seek knowledge first therefore investing in most worthless coins, but on the other hand, those who are already with good projects will be moved to go for more. Lastly, as this space is growing, that means there is more to see in the future.
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holly.ball8
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May 16, 2020, 12:16:02 PM |
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I don't see cryptocurrency being on trend at this pandemic period any different than normal days. People talk about it since there was a huge violation on both the crypto and the stock market. A lot talk about finding safe heaven in crypto or move to crypto but all I see is just talk.
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FanEagle
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May 17, 2020, 09:56:02 AM |
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I don't see cryptocurrency being on trend at this pandemic period any different than normal days. People talk about it since there was a huge violation on both the crypto and the stock market. A lot talk about finding safe heaven in crypto or move to crypto but all I see is just talk.
How do you see it as a talk? I mean bitcoin is literally higher than the price it was 3 months ago and there are thousands of people dying every single day everywhere around the world. How do you really think that is not people seeing bitcoin as a safe heaven? Of course it is a safe heaven because as you can see right now there is really not that much of issues with people actually wanting to put money into bitcoin when everyone is having a trouble economically all around the world. If that is not really enough proof that people see it as a way to store their value, I don't know what else you need. What should have happened? Bitcoin should have gone over 20k during a pandemic that stopped all business in the world? You know that is not going to happen.
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