Retainly_Collie
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Second Live
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August 06, 2020, 12:28:54 PM |
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Covid caused the world to collapse, many countries were severely affected by this pandemic and it also caused the global economy to go down. Without Covid we would have seen Bitcoin surpassing ATH and this market would probably be the same as 2017. But it didn't work out like that, anyway I hope Covid will soon controlled and have vaccinated
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Westfiled
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August 06, 2020, 12:57:23 PM |
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I agree with you...crypto space will be better than traditional investment. While, with this pandemic situation, people is applied social distancing . Crypto payment can handle for any payment because it is no need contact between human.
that's true and crypto can also be used for various things. It's not only having purpose to be a payment system but crypto is also being used by various communities in the so many platform. Crypto will never get any problem caused by the pandemic.
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kotajikikox
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★Bitvest.io★ Play Plinko or Invest!
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August 06, 2020, 02:14:52 PM |
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I agree with you...crypto space will be better than traditional investment. While, with this pandemic situation, people is applied social distancing . Crypto payment can handle for any payment because it is no need contact between human.
Crypto will able to cater this helping the financial system handling those online transactions, the presence of crypto space are very usable in this kind of situations, this pandemic virus prevents people to interact and with the advice of WHO that paper money are also prone of transfering the virus, more people will look for an alternative ways. that's true and crypto can also be used for various things. It's not only having purpose to be a payment system but crypto is also being used by various communities in the so many platform. Crypto will never get any problem caused by the pandemic.
That's the beauty of this chain, the system is designed to assist and help the financial institutions and also other venue of businesses in terms of system.
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sayulita
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August 06, 2020, 02:24:56 PM |
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Covid caused the world to collapse, many countries were severely affected by this pandemic and it also caused the global economy to go down. Without Covid we would have seen Bitcoin surpassing ATH and this market would probably be the same as 2017. But it didn't work out like that, anyway I hope Covid will soon controlled and have vaccinated
Bitcoin is in a bull run right now and can easily surpass it's all time high in a matter of few months, you have to either wait patiently or just ask your friends to buy bitcoins in the mean time it reaches its ATH. COVID once gave whole economy a major shock in the start of the month of March but bitcoin recovered well in response of that bear cycle even better than the stock markets and now with the altcoin pump incoming it will be fun to watch it all. Also cryptocurrency use should be encouraged in the general public to make contactless payments in between the people so as to stop the transmission chain of COVID.
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bttmember
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AMEPAY
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August 06, 2020, 02:33:37 PM |
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Popular Cryptos are doing better than traditional investment. Whole crypto market is doing improvement during covid pandemic where traditional businesses are suffering a lot. So large companies, banks found crypto as better field of investment and thereby most of the giants have separate arms to handle crypto assets. They are adding cryptos mainly btc, eth, defi into investment portfolio. Good days are coming if we survive through Covid19
Yeah it is already evident from last couple of months and it seems like now the big guys want to take a big part of crypto market and this trend will continue till next 2 to 3 years now and i think crypto will be mass adopted for payments and remittances atleast.
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Mulann2
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August 06, 2020, 02:36:07 PM |
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I also think crypto investment will be beneficial to a lot of people, because of the economic crisis as a result of the pandemic many people will look for a better alternative in crypto because this gives better profit than traditional investment.
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affandi
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August 06, 2020, 03:22:33 PM |
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You could say that the economies of the countries hit by Covid19 are currently experiencing a collapse, including my country. For entrepreneurs it is very difficult to get back up, and many people have lost their jobs because the company cannot afford to pay wages (effect of covid19). of course cryptocurrency has a good opportunity to be used as an alternative investment and as a means of non-cash payment (especially bitcoin). but I have a little question, whether people will be busy looking for new business opportunities by getting into cryptocurrency, or will only focus on how to deal with being the most beautiful of Covid19 and leave the rest to the government ... !!!!!!
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kensaii
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August 06, 2020, 03:35:14 PM |
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There are many aspects that will make crypto better. The fear of inflation of fiat money is very high. So peoples nowadays wants to invest in gold and bitcoin. Besides of bitcoin they will discover the cryptocurrency market and will be convinced by the new technology of many projects.
When banking reduces the interest rate, as well as business, closing down because of Covid, the traditional ways of invest aren't popular anymore. This allows cryptocurrency to take a foothold and introduce its revolution blockchain tech. When someone falls, other will raise and I'm glad this is the turn for cryptocurrency to overtake the traditional ways of invest.
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plvbob0070
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August 06, 2020, 05:26:36 PM |
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You could say that the economies of the countries hit by Covid19 are currently experiencing a collapse, including my country. For entrepreneurs it is very difficult to get back up, and many people have lost their jobs because the company cannot afford to pay wages (effect of covid19). of course cryptocurrency has a good opportunity to be used as an alternative investment and as a means of non-cash payment (especially bitcoin).
No doubt that in times of crisis like this, it will always affect the economy and the traditional market. The sudden stop of most businesses from operating, limited export and import, job losses, and more, it will surely have a decline in the economy and the market. But as for cryptocurrency, since it's isn't directly related to the individual economy of a certain country, it's a good alternative for the people to make investments. And this just shows the opportunity that the crypto market has. but I have a little question, whether people will be busy looking for new business opportunities by getting into cryptocurrency, or will only focus on how to deal with being the most beautiful of Covid19 and leave the rest to the government ... !!!!!!
Not everyone is really open to this kind of adoption or investment, so when they struggle, they just depend and blame everything on the government without really looking at other opportunities they can get.
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unusualfacts30
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August 06, 2020, 05:41:13 PM |
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I think covid has come as a blessing in disguise for crypt market. With so many businesses going out of real world they are being forced to figure out new ways to come up with. This allows people to familiarise themselves with crypto as an option for payment for their businesses. If things go correctly this can actually boost the adoption by at least 40% if not more.
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Smitty Werben Man Jensen
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August 06, 2020, 05:49:28 PM |
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The popularity of crypto currencies is now increasing compared to 2018 or 2019, it seems that because after the halving and pandemic, people really like investing in cryptocurrencies, if it has become a habit, then crypto currencies will always be used, new normal will be the better in crypto currencies
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LuciferMorningstar
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August 06, 2020, 06:16:19 PM |
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I think covid has come as a blessing in disguise for crypt market. With so many businesses going out of real world they are being forced to figure out new ways to come up with. This allows people to familiarise themselves with crypto as an option for payment for their businesses. If things go correctly this can actually boost the adoption by at least 40% if not more.
Yeah, I also think the same. Crypto, by some strange reason and stigma around it, makes not many people really consider it as a form of investment. But when everything turns upside down, the traditional practice of investment and business becomes unprofitable make way for crypto to shine, open eye for a lot of people. Really a blessing in disguise, indeed.
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cabron
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August 06, 2020, 06:24:50 PM |
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It's the just major coins that are growing and altcoins seem to be left struggling still. If you are holding some altcoins that aren't growing for a long period of time, it's best to just exchange it with BTC.
The new normal world is just harsher than what the previous normal though. The only who will survive this new normal are the ones who are holding huge bags.
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sourish
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August 06, 2020, 06:29:51 PM |
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The new normal might just see a stabler cryptosphere, with a better educated and aware investor.
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ije07
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August 06, 2020, 07:14:49 PM |
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yes, if the COVID-19 problem can be resolved, there is a high chance that the world will return to normal and the crypto industry can be even better. At present the situation of the crypto market is slowly starting to show an increasing trend, on the other hand the adoption of crypto continues to increase, people are starting to look for jobs online including taking part in this industry and large companies are starting to adopt crypto.
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0verseer
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August 06, 2020, 07:32:58 PM |
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Maybe for now but I think it still too soon for cryptocurrency to actually overtake traditional businesses. Just because this time most countries still in lockdown with most businesses affected so crypto becomes a channel for investors to invest but what will happen after that? All I can say now is a good chance for crypto to marketing it toward average mass who looking to other channels to invest. That it.
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josgandosbro
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August 06, 2020, 07:56:46 PM |
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yes maybe the new normal will make crypto better, because during the pandemic many people can survive with cryptocurrency. maybe after covid is over, they will invest more
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adzino
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www.Crypto.Games: Multiple coins, multiple games
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August 06, 2020, 08:10:13 PM |
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I think covid has come as a blessing in disguise for crypt market. With so many businesses going out of real world they are being forced to figure out new ways to come up with. This allows people to familiarise themselves with crypto as an option for payment for their businesses. If things go correctly this can actually boost the adoption by at least 40% if not more.
It has come as a blessing? In what way? By killing thousands of people? Please stop saying the virus is a blessing. How is it helping those businesses that are failing? How is bitcoin bringing new ways? Accept bitcoin as payment? Well, they could have done the same thing using paypal and I am pretty much sure more people would be preferring paypal. But yeah, if they add bitcoin as an option, at lease people will get to know that bitcoin can be used as a medium of exchange other than store of value. But, I doubt it is going to boost the adoption rate to 40% as you mentioned.
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pedpedped101
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August 07, 2020, 11:18:56 PM |
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The popularity of crypto currencies is now increasing compared to 2018 or 2019, it seems that because after the halving and pandemic, people really like investing in cryptocurrencies, if it has become a habit, then crypto currencies will always be used, new normal will be the better in crypto currencies
If not for the pandemic, some people would not have invested in cryptocurrency. If not for crypto, their eyes would not have been opened to hit reality. Many projects that ought to have launched long ago are now coming up, because they have got good stuff and have come before those are are now ready to give them utmost attention, because that is what they now do with their time.
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WannaCry
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August 08, 2020, 12:12:53 PM |
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given this pandemic, the cryptocurrency community is getting stronger. multiple news that are coming out these days are about crypto. one of the US representatives said that bitcoin will become stronger and important even this time of the pandemic. this is a piece of good news as they are already in the attention of what bitcoin/crypto can do in the future
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