Global economy crisis and cryptocurrency

[rashidst 14]

As a student of economics i know about the crisis of all over the world.poorness is a caurse of us.for poorness we cant fullfill our demads as well as.in this critical situation,cryptocurrency will be helps us a lot to remove our poorness.

[Sp19a1ma019 1076]

COVID 19 create many changing in the globe economy . It create many creises in the world economy and disturb the people's.  And the other hand cryptotalk is the sun ☀ from the dark night 🌃. 

[Zaigham Abbasi 007 220]

Dear mate you you are right due to COVID-19 pandemic situation the many countries took quick actions and enforcement of strict laws which effects their economy and business market going to down. Many currencies lose their stage and they can take time to stable. All businesses are mostly closed and due to this reason the decrease currencies rates occur.

[jahanhabiba29933 377]

Cryptocurrency is deeply involved in the global economic crisis.  Because trading or investing in cryptocurrencies can make you more money in less time which will help each person financially.  As a result, the whole world will be saved from the economic crisis.

[Samotokika 1780]

On 4/13/2020 at 2:45 PM, Dmasked said:

The economy of the entire globe is on the fall. Even the biggest and strongest of the countries are sustaining heavy impacts on their economy as most of the economic activities have halted. Early during the start of the pandemic, bitcoin saw one of its greatest fall in price but the price is somewhat stable now even though the pandemic is at its prime. we will witness how long the cryptocurrency sustains if this crisis extends on.

No doubt panademic is not yet completely recovered now that hope so that the price of the Bitcoin will get its peak again.

 it is fluctuating with low and high value still because of the whole world affected by this virus

[Alex9876r 1408]

I think that with regard to global disasters, currencies are cryptocurrencies, their stability or little impact, and the speed of their return to their nature compared to other exchanges. It had attracted a lot of attention to it, especially central banks and international banks, to invest in it and store money instead of risking stocks or real estate.

[Nupeboy 627]

Yes the whole countries are facing economy crisis even crypto are also facing crisis because of the pandemic we can see the way bitcoin has fallen terrible but we are looking forward that this pandemic will end soon 

[Farukatie 1271]

On 4/13/2020 at 2:45 PM, Dmasked said:

The economy of the entire globe is on the fall. Even the biggest and strongest of the countries are sustaining heavy impacts on their economy as most of the economic activities have halted. Early during the start of the pandemic, bitcoin saw one of its greatest fall in price but the price is somewhat stable now even though the pandemic is at its prime. we will witness how long the cryptocurrency sustains if this crisis extends on.

Yes dear friend this pandemic has effected then economy of the world globally also the investments in cryptocurrencies become less because of crisis and in this way the price of cryptocurrencies also goes down but i think that in future 2021 its price will rise again to a max level.

[Braulio Eurea 720]

The presence and expansion of the coronavirus pandemic in the world this year 2020, has destroyed the economies of almost all countries worldwide, the production of goods and services have entered a deep decline, millions of jobs have been lost and people have lost purchasing power. In this situation of stagnation and economic recession, it is good to turn to the world of cryptocurrencies that obviously constitute an alternative for the generation of wealth and reactivation of the financial economic sector, since several countries have taken this initiative.

[Upright 2688]

The disruption of a financial system can evidently bring a country to having to suffer loses, as basically during the pandemic we all know the financial trading expenses where lost in terms of worlds markets, stocks where drop-off on their values. Cryptocurrencies where a affected as well as this made many traders to be confused on how you use Cryptocurrencies as whether to sell off of hold 

[Rubaba99 433]

Of course the pandemics affected all the counties of the world. Due to the pandemic everthing has been stopped. The economy of the world has been shaked. The market price of bitcoin also is still going down but we really hope for the recovery of the all currency.

[Malik Ayaz 506]

Not only the value of bitcoin is affected but also the overall economy of the world has been affected due to the corona virus even the countries who have good health economy is also starving from loss. Cryptocurrencies also accepted the effect due to the corona virus and it has seen a fall in all its cryptocurrencies. Bitcoin value reaches to 4000$. Now the situation is turning out normal. It is hoped that Bitcoin will soon recover its value and the crypto market will run smoothly. We have to keep patience as no one can survive in the crypto world if he lacks patience

[Mehmood893 0]

Yes dear right said case of this pandemic currency of top counties crashed. Bitcoin cryptocurrency is also damang by this virus but still . Now a day's I think one 1 bitcoin price is 18,153  united STATE doller . Hopefully after removing this virus bitcoin price going to high.

[Shahzeb zafar 378]

Hye guys 

Yes you arw right crypto price is decrease regularly there are many reason but in my openion the main reasom is to corona virus so w8 and see again to increase its value again

[Mark wood 2970]

In the pandemic everything effected and the most of countries effected in financial system as well because no one work and also BTC but now everything going well so BTC pump so hard if we look at that so the price of BTC was round about 5k to 6k and now it hit 19k..

[mr. chase 417]

Yes friend in this crisis situation most of currency value decrease, but cryptocurrency is work now at that time. But it would be improve in after some time in this situation. But it would be go to higher in panic situation. 

[Enockdanladi 71]

More History of Panic Buying. Price spikes in
bitcoin have correlated with financial crises all
over the globe. When Cyprus was in the thick
of its banking crisis in April 2013, prices of
the cryptocurrency reached record highs.
Bitcoin prices surged to even higher in 2017. Thanks 

[Ababakrin 906]

This is moreover a assessment for the crypto currency on how canister it last longer than in this nature of international instability. If the protection of a lot of introduce somebody to an area in this digital currency will be kept,crypto will motionless before long recover.
 

[Jonathan200321 880]

It is true that the coronavirus has affected us economically globally and also in cryptocurrencies, but if this coronavirus had not happened, the global economy and cryptocurrencies would have been affected, because as the world is globally, this economy and cryptocurrencies was already inevitable .

[Prince MS 168]

There is no doubt that economic of different countries are currently going through hard times do to lockdown and other problems caused by this pandemic(Corona virus), the other way not to get hit by the financial difficulties of life as an individual is to engage in an online business that pays, which is cryptocurrency.

[althaaqib 187]

Certainly, the global economy was affected by the Covid-19 virus, especially as it caused great paralysis in global trade, as well as a recession in the economy and the collapse of currencies, as the price of bitcoin collapsed during this period, up to $ 3500.

[Pranto1 40]

Dear friend.Now they are relatively stable and I hope they stay that way.Cryptocurrency is one of the things that will help them financially and create a stable and stable income for the nation.

[Danial0999 557]

I think the world will go in the future to trade digital currencies better than before and witness a wider spread due to the crises that are going through because it is safer and easier to trade.

[Anzaatta 379]

The financial crisis of 2007-2008, also known as global financial crisis, was a server worldwide financial crisis. Cryptocurrencies help in financial revolution that will leave everyone mor financially connected empowered and enabled

[Hifssa 215]

Covid truly wrecked all nations economy, and this nations battle to return on the grounds that each field harm, even cryptocurrency additionally face this circumstance, bitcoin hit low costs in this year on the grounds that countless financial specialists not dynamic in crypto but rather trust soon all issue tackles.