rajsimran
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August 01, 2020, 09:12:41 PM |
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corona has affected the economics globally but has also dampened the growth of crypto-currencies. Until the dreadful disease get wholly wiped off, it is not possible to see any improvement in the crypto market.
Various experts are constantly monitoring the market and saying this. I agree with them.
What do you think about this? Do you also monitor the market?
How they can agree? according to the price, the statement is false. when corona started price was moving towards 7.5k$ to 9k$ but now price is above 11k$. If you compare the price statement is totally wrong. And I do not agree with the experts.
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abeecrypto
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August 01, 2020, 09:35:36 PM |
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Easy there! You are getting into this space wrongly. If you are a newbie to crypto (I won’t judge you by your rank), it’s best you don’t just start believing any expert that comes your way. Yes, many people monitor the market, but that does not guarantee knowing where the market is going. Take a look at the market and tell me how right your experts are.
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carriebee
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August 01, 2020, 10:29:42 PM |
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Market especially crypto is really moving well, early last month was for altcoins especially and few days was for bitcoin, Ethereum a d some other coins so coronal didn't really affect crypto so some team saying coronal affected Crypto it was then not now.
When you observe the current price of crypto it is rising so this really shows that pandemic has no effect in value. The current price of bitcoin is continues increasing as well as ethereum. Even without pandemic we already see crypto may go low and high so this virus has no effect at all.
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coinporch
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August 01, 2020, 10:59:11 PM |
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corona has affected the economics globally but has also dampened the growth of crypto-currencies. Until the dreadful disease get wholly wiped off, it is not possible to see any improvement in the crypto market.
Various experts are constantly monitoring the market and saying this. I agree with them.
What do you think about this? Do you also monitor the market?
i think the huge impact from this covid19 come to fiat currency, not cryptocurrency my friend because as we can see now, gold and solid crypto such as bitcoin and ethereum in green colour right ?
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bitkanu
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August 01, 2020, 11:07:52 PM |
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Market especially crypto is really moving well, early last month was for altcoins especially and few days was for bitcoin, Ethereum a d some other coins so coronal didn't really affect crypto so some team saying coronal affected Crypto it was then not now.
this time everything is still on its way and the pandemic gives nothing to the crypto and it doesn't even give a small impact to the crypto. Crypto can go caused by all of the activities have done by the online task. This is the main usefulness of crypto when people can still do their task online.
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flagpara
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August 01, 2020, 11:59:04 PM |
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Contrary to your post cryptocurrency has been doing well under the pandemic situation. Presently we are seeing massive pump in all the major coins. Pandemic or no pandemic, cryptocurrency is going on fine. I can say that corona virus has been a blessing in disguise for cryptocurrency.
Cryptocurrency is doing great, even in this pandemic. A better situation could be coming in the next few months. Our expectations are more than in this situation. For this covid19 effect we saw the Bitcoin price at 3.8K US dollars. What we have now could be better than history. Bitcoin is wasting so much time to get pump, without covid19 could be different.
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AmoreJaz
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August 01, 2020, 11:59:36 PM |
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Contrary to your post cryptocurrency has been doing well under the pandemic situation. Presently we are seeing massive pump in all the major coins. Pandemic or no pandemic, cryptocurrency is going on fine. I can say that corona virus has been a blessing in disguise for cryptocurrency.
Cryptocurrency is doing great, Even in this pandemic. More good situation could be coming in this next few months. Our expectations is more than this situation. For this covid19 affect we saw the Bitcoin price at 3.8K US dollars. in terms of this covid being a blessing in disguise, i can say that more people look and search about cryptocurrencies and bitcoin during these pandemic. As many people are stuck in their homes and fiat being one of the sources of virus, people are looking for alternative ways how to go cashless. and with the halving that happened, definitely there are people who looked into crypto so we are looking an increase in adoption in the next coming months. maybe not big number but certainly there will be newbies in crypto i hope they will not be so gullible with the predictions of these self proclaimed experts because that will ruin their expectations
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alani123
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August 01, 2020, 11:59:47 PM Last edit: August 02, 2020, 12:11:55 AM by alani123 |
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Yes, I do agree with the experts. For the record, it's both in terms of medical and also economics.
The cost of closing the economy is going to pay off in the long term. For example, US is going to have reduced GDP with a longer long term effect due to deaths than a small lockdown would have had.
In terms of finance and economics, it is very much true that there's less money flowing around generally and crypto can't do otherwise but also be affected. We won't see the potential of a true rally until there's some good rebound for the world's economy as well.
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Scripture
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August 02, 2020, 12:13:18 AM |
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The current pump shows a promising up trend, So I don’t believe on those experts simply because bitcoin was able to surpass the level of $10k which rejecting the claims of the experts.
Many states their own predictions but only bitcoin can give us the real result, so just keep on investing but don’t expect too much to earn while we are still struggling to survive everyday.
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nomenclatur
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August 02, 2020, 02:15:46 AM |
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I'm always watching the markets, I see crypto getting up because the pandemic is making a lot of people in their homes to make money by all means and of crypto growing in all industries have recently industry of porn is very popular already making money eyes crypto to as a means of payment such as bitcoin, ethreum, litecoin, and 20 currencies other cryptocurrencies to buying tokens in the platform it also makes the market is getting better.
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andycarrol
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August 02, 2020, 03:22:52 AM |
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I'm always watching the markets, I see crypto getting up because the pandemic is making a lot of people in their homes to make money by all means and of crypto growing in all industries have recently industry of porn is very popular already making money eyes crypto to as a means of payment such as bitcoin, ethreum, litecoin, and 20 currencies other cryptocurrencies to buying tokens in the platform it also makes the market is getting better.
the pornography industry will not have a good impact on the price of cryptocurrency because it has been old news, currently the good news is from a DeFi project that has good technology and can make investors interested so that eventually making conditions for cryptocurrency prices go up in price, take advantage of the moment it's to look for lots of profit in cryptocurrency.
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milandres0207
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August 02, 2020, 04:45:42 AM |
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Well, COVID to be honest has nothing to do with the price happening now in cryptocurrency or bitcoin. In short, there is no connection or very irrelevant. And it's not because you are an expert it means you're telling the truth completely, I doubt that. In fact, even I'm home I still got earned with bitcoin or altcoins actually.
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bbcolex
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August 02, 2020, 05:03:22 AM |
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I'm not sure whom you referring as experts, this so called experts of yours failed to read the market. A lot of crypto currencies are gaining momentum, Also this pandemic we are in to does do any impact with crypto currencies value.
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Rafiqul
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August 02, 2020, 05:24:45 AM |
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I don't understand what kind of experts you are talking about. Even at the height of the COVID-19 virus epidemic, the crypto market did not have much of an impact. And now the crypto market has turned around. The price of Bitcoin has already spread to $ 12k, so I can't agree with them on that.
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shaheer001
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August 02, 2020, 11:51:37 AM |
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I think and all have watched Corona did not affect the Crypto market but we can see that Bitcoin price was increased during this period so it is a good sign for all crypto investors, traders that Crypto market will never stop.
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yulchatar
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August 02, 2020, 12:06:48 PM |
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I don't understand what kind of experts you are talking about. Even at the height of the COVID-19 virus epidemic, the crypto market did not have much of an impact. And now the crypto market has turned around. The price of Bitcoin has already spread to $ 12k, so I can't agree with them on that.
It doesn't matter if you disagree with the opinions that they issue on this matter, because everyone is free to argue in this forum, and I also agree that the COVID-19 problem that has occurred does not affect the condition of the crypto market, because the evidence that is already very clear now. Right. Each of us has his own opinion, in the same way, each expert has his expert opinion and it is different from others. Of course, I'm following the market and didn't notice that the pandemic somehow affected the crypto market. On the contrary, many switched to remote work online and got the opportunity to get acquainted with cryptocurrencies, the relevance of which has increased even more now.
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Yatsan
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August 02, 2020, 01:03:48 PM |
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Who are the experts that you were saying? It is hard to believe on a mere statement having no reliable source to support such claim because that would just remain a story tell if no proof on which experts have said that there could be no improvement on the prices of cryptocurrencies while this pandemic is still on. The crypto market is not the one who is directly affected by the pandemic because the problem is in relation with fiat for the funding that's why the stock market is the one who have been affected by the crisis.
The last time that it is said cryptocurrencies was affected by the effect of the pandemic is last March when the cases of infection have been reported to have gone through different parts of the world which somehow drag down the prices of cryptocurrencies most specially Bitcoin. But after a couple of days since that happened, the market started to recover on which price of Bitcoin is playing on $7,000 to $9,000+. Days before, we have already seen the price to go up at $11,000+ which is an obvious indication of price improvement. So how come that cryptocurrencies will not undergo improvement at this time of pandemic when it have already did.
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ven7net
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August 02, 2020, 01:15:55 PM |
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corona has affected the economics globally but has also dampened the growth of crypto-currencies. Until the dreadful disease get wholly wiped off, it is not possible to see any improvement in the crypto market.
Various experts are constantly monitoring the market and saying this. I agree with them.
What do you think about this? Do you also monitor the market?
At the moment, I have not yet seen experts who could predict 100% of the future in the crypto industry. If there were such, they would be able to predict both the collapse of the economy and the crown, and so all this is empty talk. I am more of the opinion that you need to know the history of market development and the real situation. But if you believe the experts and it's all about the crown, then the crown can disappear as quickly as it appears and you won't even have time to react. So, miss the growth in the crypto market that everyone is waiting for. Just follow the information and believe in the best.
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Chukwunonso
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August 02, 2020, 01:29:59 PM |
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I want to believe the experts were considering the global economy and not the cryptocurrency industry in particular. Its understandable to say the global economy would experience some set back as a result of the corona, but we need to be reminded that what drives the cryptocurrency economy is majorly crime and illegal markets. These industries are still Striving and are the major fuel to the cryptocurrency economy.
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conkeconke
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August 02, 2020, 07:54:46 PM |
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After the corona pandemic end, everyone will back to normal include the crypto market. You don't need to be a crypto expert to thought about it. What those crypto experts should say to give them some credit is how and which altcoin we should invest before corona over.
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