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Will Bitcoin Survive from Corona?

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Bitcoin has pass the corona disaster because its price still decreased day by day although there have countries thats are mostly affected with corona.

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On 5/4/2020 at 9:39, SuperCrypto said:

Todos sufrimos la crisis de la enfermedad ahora y sabemos cuánto está sufriendo el mercado y esta crisis lo ha afectado mucho. ¿Crees que bitcoin puede sobrevivir a esta crisis y sigue alcanzando sus objetivos a pesar de la gran presión ante esta crisis que afectó a todos los activos del mundo?

Of course, since BTC is the top 1 cryptocurrency, it is very easy to say that the market has affected it but not to the point of putting it at risk, on the contrary, there are many people who trust more in Bitcoin than in their local currencies already What are you if they have taken a nosedive with this crisis, the btc will always be in the market

 
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Hello I come from the future, jejej we already have vaccine and BTC goes up above its historical maximum on all exchanges and continues in its uptrend hopefully as it does. But we all want it to reach the 20K. it will be incredible while the economies of the countries enter into crisis BTC goes up.

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The strong hold on bitcoin still survives after the heavy suspension which the bitcoin and other Cryptocurrencies had to experience during the heavy moments of the Corona outbreak, as we can see how the price was on the plunge of being around $8000 during then,as with tine gone, we now see it on $19000 mark and potentially above, bitcoin is really a coin which can live and last long

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Yes, definitely although there is decline in some coin prices but btc is stil evolving and mang peple came to know about it in this pandemic situtaion. Because transaction are fast and no physical.

So after corona there will be a huge investmesnt in it. 

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A few months have passed since the pandemic that affected all markets and if we do a comparative analysis BTC was the only asset capable of recovering in less time and increasing its price a little more than 4 times compared to the lowest price it reached due to In this situation, that shows the consolidation and strength of bitcoin.

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Bitcoin is one of the most important winners and beneficiaries of the Corona crisis
When the markets and tourism stop, the shares of airlines, international hotels and much more will decline
When there is a blanket ban in a particular country, the currency in that country will experience a certain drop in its value
And a lot of people are looking to make money with this currency

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Bitcoin has great strength and we can perceive it in global crises such as the Corona epidemic, as prices are constantly rising as a result of pumping new liquidity into the market. So the future of Bitcoin will be much better because the whole world is now witnessing the respectable achievements offered by digital currencies.

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I believe that of course it will survive because the most exciting first wave of the crown has passed and now almost everyone does not care about the crypt

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Because of Corona, many people may not have a job, can't do much work, but have been able to earn money by working in this forum.

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Hello friend hope yiu will be fine and doing good.

I don't know precisely on the off chance that it will have more issues later however the issue is that still there are so many stock specialists engaged with bitcoin and they are unloading bitcoin any time their stocks are dropping, they have associated their bots with stocks.

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well I personally believe that coronavirus has been one of the best times for cryptocurrencies as a whole and Bitcoin in particular because the price of Bitcoin reached its most peak during this time so we can say that the Corona time was highly beneficial , at least for the cryptocurrency market.

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Many thought the virus, pandemic will affect the Bitcoin very well, although it did affect it but expert if Bitcoin assured those holding it that their coin will be safe,.and it indeed safe , it dumped and now it has pumped very well, infact it has the highest record if pump this year and after the pandemic

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Bitcoin is a digital cryptocurrency that make it transactions on internet.  Bitcoin will survive in the hardship pandemic time. But it will also be affected in some other ways too. Bitcoin has been a survivor since it was created. It is the most valued coins slamming all the 6500 coins.

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The Corona crisis is still claiming lives every day and it had a negative impact on the global economy, but for Bitcoin I see it withstood and gave positive in the surge of the Corona crisis.

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On 4/5/2020 at 12:39 PM, SuperCrypto said:

We all suffer from the disease crisis now and know how much the market is suffering and this crisis has greatly affected it. Do you think that bitcoin can survive from this crisis and continues to reach its goals despite the great pressure in light of this crisis that affected all assets in the world?

As there is the pethatic situation now a days due to corona due to this most of the countries are facing economics problem because of less development.  So I think the price goes down of bitcoin, crises are affecting the bitcoin system. 

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On 4/5/2020 at 2:21 PM, Cammer said:

Oh I totally forgot about the halving. Let's hope that it doesn't affect the price in a negative way. However, I read some articles saying that Bitcoin price will go up after the halving. Still, it's just a prediction. 

Not only Bitcoin will survive but the price of the Bitcoin will increase and will reach to almost $30,000 if the current market of the crypto currency become stable.


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Yes of course I think bitcoin will survive corona virus pandemic due to the way people are investing it regularly since most of the market are on lock down, however we see how the value is increasing every day despite the pandemic but we also witness the fall of other currencies as well but with time everything will come to pass as if it did never happened in the world.

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Well, I think he has, in fact he has come out of this process stronger, he has broken his historical maxims, so that shows that he has not only survived the Covid, but he has become quite strong. In fact, I think it should reach 30K by the beginning of next year.

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Bitcoin not only survived COVID-19 financial crisis but this has made it stronger. No other asset has recovered as firmly from March dump as Bitcoin. This is really showing us that people's trust in Bitcoin has really increased over the last years, and what is more now even institutional investors are relying on Bitcoin. It seems to me that a bright future is on the way.

Edited by Jromz
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This has not been the only obstacle that Bitcoin has had to face, in fact it has not been taken as an obstacle but rather as an impulse, since many people who lost their jobs due to the pandemic, chose to look for other alternatives that would allow them to generate from home, and the main one was to work with cryptocurrencies. In fact, today we are already reaching the historical maximum corresponding to 2017 and we will surely surpass it.

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This current price of bitcoin tells us that bitcoin can not affected of the virus because bitcoin is a digital money and the government want us to use a digital money than cash because we don't know if that cash has a virus on it, so it is risky if we use cash especially in the infected places because of the virus.


 

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Not just Bitcoins every other cryptocurrency and financial instruments has survived from this pandemic situation. Actually the corona time was the best time to invest in this financial instruments. I am sure those who saw the advantage of the corona time would have definitely gained lots of profits by now. So it is about foreseeing and predicting these adverse situations.

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This depends on his ability to overcome the resistance now, as it will determine whether Bitcoin will continue to rise or will decline, but from my point of view, I see that it will continue to rise until the end of the year, after which it will decrease as usual to 6 thousand dollars Therefore, you should carefully analyze the goal before you consider buying Bitcoin.

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Obviously, Bitcoin survived from corona properly. When the pandemic corona effected highly in this world, Bitcoin and other crypto market crashed. For this reason, A lot of people upset and sold their coins with low price. But in this time, Crypto price is increasing highly. So you can easily realise crypto surviving from corona.

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