What is the impact of Corona virus on cryptocurrencies from a year to now? - Page 3 - For Beginners - CryptoTalk.Org Jump to content
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What is the impact of Corona virus on cryptocurrencies from a year to now?

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Dear friend the predictions are just very difficult to do in the terms of cryptocurruncies. These currencies are non trust able and we can't do a thing about it. The experts can only imagine and make their predictions. 

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Hello my friend, the value of the cryptocurrency has increased from a year to now and in the Corona crisis significantly and noticeably, and some companies are formally dealing with it, and I expect them to prosper in the coming years. 

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I think the coronavirus has not only affected us as people, but a year ago the global economy collapsed in most countries of the world, which is why the crypto world has been affected, but it has been gradually rising and returning

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The new Corona virus had a great impact on the economy of countries and human health as well, but the ban pushed many people to work in cryptocurrencies, so we saw a rise in the prices of these currencies.

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The COVID-19 pandemic has impacted financial markets all over the world, including that of crypto currencies. I think, since the coronavirus outbreak, the correlation between Bitcoin and the equities market has increased. For instance, on the 12th of March, the price of Bitcoin fell below $4,000 after the S&P Index in the USA saw a sharp decrease. The reason for this was because there was a sudden flight to liquidity, and so, a lot of investors had margin calls in Equity that had to be covered by liquidating other assets like Bitcoins into cash - to meet those margin calls elsewhere.

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The reason for the high price of bitcoin or other encrypted currencies under the Corona pandemic is that these electronic currencies are not exchanged by hand such as coins or paper, which prompted the world to use them because they reduce the risk of transmission through hands as they are dealt with by computer or the private device  Yours and this is the reason for the high prices of these currencies.

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Hello friends.We have noticed that the Corona virus has led to the collapse of most of the economies of large and small countries due to the suspension of work in all areas of life.

But a year ago until now, we noticed a significant increase in the price of Bitcoin, as well as the rest of the cryptocurrencies despite the impact of the Corona virus, as we noticed a continuous decrease and rise in the price.thanks for read my comment

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Hello friend, in fact, I am a new member of this forum and I do not have enough information to answer you, but in my opinion I think Bitcoin is getting more popular all over the world and I expect it to increase in price even more and have a great future.

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Since Covid-19 was a biggest pandemic till now its was giving the negative impact to cryptocurrencies at the beginning but till now Covid-19 giving positive impact to cryptoworld because people were starting crypto adoption in order to avoid virus spreading from fiat currencies.


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Due to the epidemic of this new virus, more people are likely to use virtual payment and avoid using cash, also staying at home helped many people to start their investment opportunities and the crypto industry bloomed.

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The Corona virus has quarantined people in their homes, which made them accept the use of cryptocurrencies to trade via the Internet, and this has led to a rise in prices, and this is something clear from year to now

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The world has gone dark in all aspects of life as a result of the Corona outbreak, and the world of coding has resurfaced as the economy has collapsed.

Even as normalcy and the global economy have returned, the world of cryptography has proved its presence, as shown by a large increase in the number of cryptocurrency dealers, whose prices will continue to grow.

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The Corona virus did not significantly affect the world of cryptocurrencies as it affected the global economy, as a result of the nature of work in cryptography as work can be done from home and it is a work that does not need direct contact between people,

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Dear friend @Khalil110 @Jessica7 @Zeeshan8500Epidemics Today I have noticed that cryptocurrencies become more popular because we can work from our homes, but of course the impact of that epidemic on cryptocurrencies is due to the infection of a large number of people suffering from this disease and its impact on their work. . . . Thank you 

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Bitcoin fell 6% in Monday trading amid concerns that a new, rapidly spreading strain of Britain's coronavirus is affecting assets in broader markets.
Bitcoin crossed the 2 mark for the first time last week amid growing interest from a larger segment of investors.
Bitcoin gained more than 37% last November alone, and the rise was supported by demand for its inflation-hedging nature and a general trend forecast for its acceptance.

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In the beginning of the pandemic the impact was very hard and fall all market crypto currency ,commodity and other markets too . From people to cryptocurrencies and working on the Internet, it has also driven cryptocurrency prices soaring . so if we can get amazing deals for the future of our support to help us out and have some kind help with the comments of our products .

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I think that the Corona virus has had a great impact on cryptocurrencies, and the prices of cryptocurrencies have increased very significantly due to the fact that dealing in cryptocurrencies has reduced the convergence that may cause infection and I believe that the popularity of cryptocurrencies among people has become very great

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According to my information, the Corona virus had a positive effect on cryptocurrencies, because before during our studies and our work, the issue of cryptocurrencies did not attract attention, while during the period of the epidemic, people were mostly in their homes and attracted the subject of cryptocurrencies and set out from it and got acquainted with it and thus began to buy and sell cryptocurrencies To earn profits, and thus its price increased dramatically.

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Yes, this is true. I think that at the beginning of the epidemic, the economies were affected strongly as a result of the general closure.  But with the passage of time, prices began to recover because it was adapting to the existence of the epidemic and the total ban turned into a partial one, and this helped push the wheel of the economy again.

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Friend as all of us know that this era is the pandemic due to corona virus and every thing is effected due to corona virus so bitcoin also has faced the problem it price has low now in this year and i think price of bitcoin increase in coming years and it attain it lost value and then become popular again in the market.

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Indeed, your words are right, as all digital currencies suffered tremendously during the Corona outbreak due to the deterioration of the economy in most countries and the downturn in jobs due to isolation and people staying at home, resulting in a large turnout. It has also caused cryptocurrency values to skyrocket as it has moved from people to cryptocurrencies and operating on the Internet.

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Hello dear, I think that each currency market has its own characteristics that play a role in the rise and fall of currency rates within it, so in my opinion, even if the global economy returns as it was, this does not affect the prosperity of btc or cryptocurrencies in general, as is the case after the ban and the stoppage in In many areas of life due to the virus, a new generation of people came to us who turned their attention to cryptocurrencies when they heard about our forum, and it is our duty to support and help each other to advance and continue in this forum.

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During the Corona virus pandemic the value and price of cryptocurrencies has collapsed but after some time when the Corona virus start to diminish we can see now that the value and price of cryptocurrencies has reached its all time high price. 

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Dear friend, in the first quarter of 2020, all operations were affected mainly by the spread of the Corona virus mainly, and this spread led to a decline in the currency, all prices. Then, after the half of 2020, currencies began to recover and were positively affected by the spread of the Corona virus, and this reason is due to everyone. I need a job inside home quarantine, and there is no better job than working in cryptocurrencies, so the market returned to recovery. Your house has struck absolutely unexpected targets without the same day, and it is now exceeded at $ 65,000 in 2021. Thank you very much.

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That's right, we noticed the bitcoin price hike during the Corona epidemic, and I think the reason is the ban that occurred and people were diverging and staying home, and I don't think the bitcoin price will drop much after time because it has become so widespread.

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