Global economy crisis and cryptocurrency

[Dmasked 1840]

On 4/15/2020 at 9:56 AM, chrislynn said:

We are sure that crypto market currencies performance are extremely good if we compare prices of forex and stock market for reaction of corona virus pandemic happened in whole world. In some instances crypto loses much investment but now it's price very recovery based. 

Maybe the digital existence of crypto currency is what prevents it from the crisis that is upon foreign exchange and stock markets. The fact that crypto is digital and can be traded as well as exchanged for other currency and for goods is preventing it from falling down on the price.

[Jimmy26 987]

The time we're going through it's very hard for everyone because every market and everything is on its crisis position we have to make ourselves more strong  so that it will be easy for us to bypass this situation and I don't think so the market will affect so much in the cryptocurrency because this organisation is fully based digital currency so everyone can easily do their investment from their home ma and definitely the market will be unstable for some time but we sorted it will again grow and people will again start getting profit.

[Divya rana 1252]

Sue to this Coronavirus situation all across the world its been a crisis situation all across the world and every economy is facing this and also trying to deal with it. So the purchaseing power of the people will surely go down so in this i think that there will be some time where cryptocurrency will be affected. 

[jamesvince 2389]

If we compare prices of eth and bitcoin then not bad at all due to pandemic of Coronavirus. Now more then 75% recovery in the btc and altcoins market price only top ten coins or tokens record recovery their prices. But stock exchanges prices still not much stable like bitcoin from last ten days. 

[BTC Future 3946]

On 4/13/2020 at 12:45 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.

Exactly what is happening. We will see many problems in our personal lives because of this. Finding a job will be harder and payments wil be lower. Perhaps being active with cryptocurrencies can give us an exit from this frustrating situation.

[Dmasked 1840]

On 4/20/2020 at 9:25 PM, Jimmy26 said:

The time we're going through it's very hard for everyone because every market and everything is on its crisis position we have to make ourselves more strong  so that it will be easy for us to bypass this situation and I don't think so the market will affect so much in the cryptocurrency because this organisation is fully based digital currency so everyone can easily do their investment from their home ma and definitely the market will be unstable for some time but we sorted it will again grow and people will again start getting profit.

It is true that the prices have fallen hard but when you compare it with other financial sectors like stocks and forex, you will see that the crypto market is not in the worst yet. It seems to run good through this crisis and is a good message to convince people that crypto currencies are not scams but real investments.

[Lover840 0]

On 4/13/2020 at 3:15 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.

You are absolutely right my friend. We have seen how most developed countries have faced this fall in economy because of this pandemic. In my opinion crypto currency will be recovered soon. 

[Hatred 1388]

On 4/13/2020 at 11:51 PM, Thaaer said:

You are right, my dear friend. This new epidemic has paralyzed all world markets, and I believe that the world will recover in the second half of this year, and the price and labor will return to normal, and I hope for this.

I also hope that it will happen soon. I hope that this crisis will now end and things will got back to normal. But I don't think that world will recover in the second half of this year, but instead, the first half of next year. It is because it will be difficult to the market to recover that fast so maybe it will goes slowly recover and got fully recover early next year.

[Jeet Narayan 1940]

Mate your posts is very good and very informative posts about economy condition and Cryptocurrency condition. I guess after this pandemic Bitcoin and ethereum will perform very good and stand our hope.

[Calvinpriva 17296]

Bitcoin has dropped in this crisis and many other crypto currencies, many traders got fear and they thought bitcoin it may keep falling an lose its value completely. But bitcoin will not fall easily like that because there are many people who are still buying and selling that means the market is still in action and that will make bitcoin grow again in next days.

[bliznec 22268]

Rather, the virus has already passed and there were no such diseases. I believe that in the month of May, everything will work out and the market will move. From this will be the use of bitcoin, which everyone will start to buy.

[iloveyobit 6599]

Indeed, Bitcoin was affected by the Corona virus, just as all other markets were affected, but Bitcoin recovered all its losses while other financial markets are still declining.

[Bruno52 1141]

I think the price of bitcoin will rise even in the midst of this crisis as many people will start using it as their main means of payment since the virus can be transmitted through fiat currency.

[Maroua 1159]

The epidemic will end, it will not remain forever, but the best thing about it is that bitcoin is holding up despite what is happening in the world due to this epidemic and the fall of the global economy.

[BrolySSJ 7899]

the global crisis in terms of the economy that was brought about by the lock down of many countries in response to the corona virus is a very bad thing for the economy and it has resulted int eh fall of the crypto prices. But the crypto prices are doing well now and i think that it is relatively stable. As much as people say that this could be the downfall of crypto, i do no believe so and i think that crypto could help these countries in terms of getting their economies back on track and if possible i think that everyone should brace for a new crypto future.

[SuperCrypto 7193]

On 4/13/2020 at 12:45 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.

It is true that the entire economy in the country has been affected by the current crisis, cryptocurrencies, and bitcoin as well, somewhat affected by this crisis, but at the same time the digital currencies proved to be the strongest and the Bitcoin began to recover quickly from this situation.

[Mwangi 5611]

The world collapsed on almost everything but the right idea is how do we come out of this the right idea is to really be sure of what is the right form of choice and advance interventions we know out there there is a lot of good idea to really prove work populous

[Gaurav kumar 972]

I think the whole world has been stopped at the moment and is going behind the time. There is a heavy economic fall in almost every country of the world. And as a result it has got a big impact on the cryptoworld and the cryptocurrencies. They are showing a large drops and insignificant rising.

[IamLeader12 682]

I think that everyone has long understood that the cryptocurrency can not be affected by any pandemic or even a global crisis as it was created in order to be independent.

[Mohssine 1725]

Yes we all know we are in a global crise because of corona virus , all the economic of any country suffering now , but crypto currency is not , we se bitcoin now is rising day by day , i for one week bitcoin rise from 7000 to 9000$ , and this is great , i think crypto is not in crise.

[Whited35 15285]

It's been seen that pandemic made cryptocurrency the another victim. Due to global economy crisis, cryptocurrency has been also badly affected here. I think it still needs sometime to be in the recovery phase for the cryptocurrency in this world. 

[NevermindNe 549]

I think that the cryptocurrency does not depend on the pandemic at all, since the market demand for bitcoin is no greater than it was before the pandemic, but bitcoin is still growing.

[scorpiali 5626]

In the month of march when all countries have close all the economic all price are fall even the crypto currency ,in this moment i really dont like that because we are all thinking that crypto is out of  the world economic but after that the price was inceasing again and every thing return to normal and that's the power of crypto 

[Brand1 1336]

Despite all the crises that the cryptocurrencies are exposed to, they will remain and continue and will prove to everyone their great ability to bear and return everything to what it was previously. We have all noticed this matter as currency rates have decreased very significantly due to the Corona pandemic and then increased again after a decline of several weeks and arrived today To $ 10,000 and the rally will likely continue, but after the half event ends

[Rendra808 92]

it's certain that the pandemic truely affected financial system globally, all currencies faced a decline in price and additionally bitcoin  was affected too and the price dropped so awful, however currently the charge extended a bit and i assume it keeps increasing step by step.