Crypto after COVID-19

[Mister.Satan]

I think I can agree with your point about crypto doesn't be affected much by the COVID-19. Tho, the people's trust in the banking system still the same. Just amidst the COVID-19, many people looking for a new way to invest their money, and somehow, crypto shine and show its worth around that time. After this COVID end, I think many of those people will stay and will help crypto become even more mainstream.

[Kopetunto]

I am not sure that after Covid 19, cryptocurrencies will be increasingly in demand, we know that because of Covid 19, the price of Bitcoin can rise sharply and many new investors will enter, but if Covid is over, I think it will be a disadvantage for cryptocurrencies

[Majharul Saiif]

Once COVID-19 took the world by storm, the world's economy has been on a constant decline. Crypto has largely benefited from this, as the market experienced new gains in such as short amount of time. There's now a stablecoin and "De-Fi" craze making many ERC-20 tokens, stablecoins, and even Ethereum extremely popular in the mainstream world. Their prices have increased at a fast pace, leading many wondering what will come up next after the demise of COVID-19. If the world's economy starts recovering at a slow and steady pace, crypto's gains might not last for long. Maybe everything will return back to the way it was before the deadly disease? Or maybe crypto prices will remain stagnant on the market?

Whatever happens after COVID-19, there's no denying that crypto is a resilient alternative financial system in times of need. In a first of its kind, crypto has remained "impervious" from negative events in the mainstream world. My guess is that crypto will continue to go higher in price even after the demise of COVID-19, as people's trust in the banking system will diminish. The premier cryptocurrency (Bitcoin) will be officially recognized as a true alternative of Gold, proving itself as a store of value in times of need.

Thoughts?

That make sense but need to push the world by current world order to accept Btc worldwide then it will be easy for all to trust and keep faith on it and after then the system can be changed. Hopefully then the revolution will be taken place in the mainstream world.

After Covid-19, we may able to see the new world after a long time of fear and all the irregular things will be regular. People already worked online and crypto can be used at home. So crypto scenario will remain same so far I think. Let's see what is waiting for us.

[iv4n]

Crypto after this pandemic will be like crypto before, it's algorithm that doesn't change opinion every day (like some politicians)! What can happen is that more people will join crypto after all this mess, they had time to sit home and search the internet, they saw many things, and normal people will recognize what's better. I see only positive effects, but to be honest we didn't need all this mess, crypto would make progress anyway, this will just speed up the process if you ask me!

[bearexin]

Covid is still around so right now crypto is not at the "after covid" situation, it is still covid. People are forgetting that people may not staying standing still at their houses right now and the economy could be restarted but the problem still stands, people are still doing masks and all that, so the virus is still out there and we still do not have a proper solution.

Obviously we are doing much better than we used to, 3-4 months ago was even worse and today is better but it is not gone, we are just building a society that is used to living with the covid and that's it, it is still out there. However I believe crypto would be much much bigger in the following months not due to covid but because halving will start to hit differently when the time comes.

[BChydro]

First of all, I don't see COVID-19 ending any time soon, it is not a curse, the world has just to live with it for some time as we have been coping with Poliomyelitis and some other viruses with the help of vaccines.

Corona virus is a curse and it is not a virus like any other, the problem is that you cannot identify when you are infected and it can be transferred easily and that is not the case with other viruses. Everyone has to cope up with the situation and there is no vaccine and we need to wait for much longer time for us to get a commercially viable vaccine.

Whether the pandemic ended totally or not, crypto will still continue in its fine form as you have said.  Many have believed, that it is a good alternative to their fiat banking system, some know what they have gained from it within a limited time.  Recovery of world economic does not stop further adoption of crypto at all.

It is partially true, the market will continue whether the pandemic ends or not, but everyone is waiting for the rally and for that to happen the economy should be strong enough so that big investors will be confident enough to invest in it.

[Abiky]

Right now, crypto has been used by many people as a hedge to save their money since the economy of all the countries are slowly declining and the value of the money are slowly withering too.

With regards to DeFi, the hype has been there since the start of the pandemic and I know for sure that this hype will slowly decline too. Crypto after this will stay the same since crypto isn't affected that much too by what is happening right now to the economy of the world. Yes it went down very hard but it went up after a few weeks too and now it is x3 of the year-low price.

Hype will decline after COVID-19 for sure. Depending on how long the pandemic lasts, crypto could experience higher prices on the market because of high demand. After the demise of COVID-19, prices could remain the same or go down the drain. Considering that crypto is the future of money, I think it'll continue to go up in price over time. The pandemic has urged the need for people to rely on digital payments more thoroughly. Once the world's economy recovers, we could live in a cashless society. With CBDCs being developed behind the scenes, it's expected that crypto will remain in the spotlight for the foreseeable future.

In the case of "De-Fi" apps, they'll become heavily regulated like ICOs in the not-so-distant future. Once governments start taking action against "De-Fi" developers, the hype will go down the drain just like ICO's early days. History repeats itself, so crypto's current momentum might not last long after COVID-19. At least, crypto and Blockchain tech will be here to stay thanks to their decentralized and open source nature. Just my opinion

[DU18]

I see some of my friends in Facebook investing in cryptos right now although I kinda expect that they'll use it for selling things and accepting cryptos for that. Too bad that it isn't from my expectation.
The threat for crypto right now is people's misconception that crypto is a scam.
People don't want to throw their money digitally due to scammers not just outside but inside the digital world as well.

Currently, the Covid-19 pandemic is a considerable threat to every aspect of human life, be it health, social and even economics, many countries have become chaotic because of the impact of Covid-19. The number of frauds in cryptocurrency is the reason many countries prohibit their people from using / investing crypto at this time, even though in the current conditions of the Covid-19 pandemic, crypto is one of the solutions for the community in investing because we can do it without having to leave the house and by using crypto currency in transactions will certainly reduce the spread of covid-19 a little because we don't make direct contact in making payment / purchase transactions, it's different if using fiat money which maybe been contaminated with the covid-19 virus.

[Yatsan]

The experience we have got all due to the existence of this covid-19 pandemic have made people come into realization how important the usage of digital money as well as the existence of alternative currency such as cryptocurrencies like Bitcoin is really important mostly at time like this wherein the economic status of every country around the world have been directly affected and even the stock market have come into serious affection because of the scenario. We cannot further predict or surely instate what could possibly happen right after the pandemic if the people will still get into using cryptocurrencies since it became part of their daily life basis at the time of crisis when stock market is affected but the crypto market have excellently showcased a good performance on having an increase in terms of prices.

The possibility might be the prices will just continue to rise up since people will still consider using cryptocurrencies even after this pandemic or the price would decline since the hype is down due to no threat can be possibly seen which is the main reason why people go cashless to avoid the possibility of getting infected by the virus. No one knows what can possibly happen right after this pandemic for we all know are just possibilities and not the exact possible scenario to happen. Let us just all see.

[Kasabus]

During the pandemic situation, awareness towards cryptocurrencies has remarkably been increased. Even though major industries are getting pushed back due to the slowdown of the economy because of lockdown, on the other side, we have seen good growth in the crypto market.
From my point of view, once everything is settled down, the crypto market will see more investments than now.

You are right... In one way or the other, the Covid-19 pandemic played a large role in cryptocurrency awareness creation and adoption. And we all have seen the positive effects of it. We have seen a sudden and continuous growth in the market. I hope this continues

I have strong faith in crypto that it will continue to increase its value even if the world's pandemic will already be gone. People have started to look for good opportunities in crypto and make huge gains from crypto investments so possibly they will not leave crypto even if things will be back to normal again.

[AmoreJaz]

During the pandemic situation, awareness towards cryptocurrencies has remarkably been increased. Even though major industries are getting pushed back due to the slowdown of the economy because of lockdown, on the other side, we have seen good growth in the crypto market.
From my point of view, once everything is settled down, the crypto market will see more investments than now.

You are right... In one way or the other, the Covid-19 pandemic played a large role in cryptocurrency awareness creation and adoption. And we all have seen the positive effects of it. We have seen a sudden and continuous growth in the market. I hope this continues

I have strong faith in crypto that it will continue to increase its value even if the world's pandemic will already be gone. People have started to look for good opportunities in crypto and make huge gains from crypto investments so possibly they will not leave crypto even if things will be back to normal again.

being stuck in our homes for so long will really give you so much time to explore what is happening in cyberspace. and honestly, crypto is really one of those that caught the attention of many during these challenging times. so it is not surprising that a lot of people did their research on crypto during this pandemic. and i am certain, that several of them are into crypto right now. which means adoption is very imminent these days.

[malekbaba]

Crypto did well even in covid situation. Where major industries were suffering. I think crypto proved itself and create a realization how important it is. In new normal world crypto will be taken more seriuosly. Covid helped to adopt crypto. I expect good boost in price and volume in all over crypto world

[chikator]

Once COVID-19 took the world by storm, the world's economy has been on a constant decline. Crypto has largely benefited from this, as the market experienced new gains in such as short amount of time. There's now a stablecoin and "De-Fi" craze making many ERC-20 tokens, stablecoins, and even Ethereum extremely popular in the mainstream world. Their prices have increased at a fast pace, leading many wondering what will come up next after the demise of COVID-19. If the world's economy starts recovering at a slow and steady pace, crypto's gains might not last for long. Maybe everything will return back to the way it was before the deadly disease? Or maybe crypto prices will remain stagnant on the market?

Whatever happens after COVID-19, there's no denying that crypto is a resilient alternative financial system in times of need. In a first of its kind, crypto has remained "impervious" from negative events in the mainstream world. My guess is that crypto will continue to go higher in price even after the demise of COVID-19, as people's trust in the banking system will diminish. The premier cryptocurrency (Bitcoin) will be officially recognized as a true alternative of Gold, proving itself as a store of value in times of need.

Thoughts?

Seeing that during this pandemic the crypto world has risen due to people depending in the internet more than ever. when the time covid-19 will end, itll be harder for these people to turn their backs away from the internet. I think the crypto business will continue to prosper.

[Kong Hey Pakboy]

Crypto did well even in covid situation. Where major industries were suffering. I think crypto proved itself and create a realization how important it is. In new normal world crypto will be taken more seriuosly. Covid helped to adopt crypto. I expect good boost in price and volume in all over crypto world

Most cryptocurrencies didn't suffer during the pandemic of COVID-19, especially since bitcoin have occurred because it is not affected in any country's economy status, unlike banks and stocks they are having a bad time regaining back their prices. It is the reason why it is much better to invest your money in cryptocurrency rather stocks because your assets are completely safe.

[albon]

During the pandemic situation, awareness towards cryptocurrencies has remarkably been increased. Even though major industries are getting pushed back due to the slowdown of the economy because of lockdown, on the other side, we have seen good growth in the crypto market.
From my point of view, once everything is settled down, the crypto market will see more investments than now.

Crypto has proven to the world that decentralization is of great importance and that is why the cryptocurrency market has not been affected by Covid 19 because of its advantages that made it overcome this epidemic and made investors increasingly dependent on it, The blockchain technology has shown everyone that this is the technology of the future, so whoever did not see the power of this technology before, then during the epidemic, he sees it now.

[wiss19]

I would assume that if we are like this right now that means in the near soon future we are going to be even better. Things are not even bad right now which means we are already over covid in the crypto world, which is awesome because we really do not want covid to hit the crypto market like it hit the regular finance market, and since we were hit a bit, I would assume that we weren't just forgotten and it will come back, no we were hit so we just recovered and over time I am pretty sure that we will continue with this recovery.

Now if we are talking about actually not having any covid in the world at all(well at least not killing this much people)? We are talking about a long time and when that happens bitcoin price will be over 20k for sure because we are going towards that anyway.

[bangkecol]

That is true. The crypto market has show that this space can be alternative for stock market.
And currently , cryptocurrency is more popular since the defi projects is launched by many developers.

[qomariah95]

I don't see the pandemic (covid-19) being a downturn in the crypto space. On the contrary, we can see the increase taking place in cryptocrurrency. For now alone, many changes have occurred in kirpto, such as the DeFi hype. People don't see Covid-19 as an investment scare.

[livingfree]

I don't see the pandemic (covid-19) being a downturn in the crypto space. On the contrary, we can see the increase taking place in cryptocrurrency. For now alone, many changes have occurred in kirpto, such as the DeFi hype. People don't see Covid-19 as an investment scare.

Yes, it didn't somehow affected it. We've seen a backlash and probably the total effect of it on March but then after that, there's no more affection seen with regard to covid-19 pandemic.

We will look at the pandemic as an investment as it has brought devastation to the world. But what we're about to see are the possible turnover of things once it's done.

[pandanaran]

I observed that before covid-19 appeared in this world the cryptoqurrency market was fine, but there were no significant price movements especially in the price of BTC and several other top altcoins, but as long as covid-19 is running, I think it has a good impact on the crypto market especially prices for BTC and some of the top altcoins are experiencing significant price movements.