Global economy crisis and cryptocurrency

[Rabby66 27]

We know that the whole world globe is devalued.  Even superpowers are experiencing heavy economic devaluation as more economic activity is halted.

[Muhammad zaid 272]

Yes dear due to pandemic economy of all world is decrease until no county there who stable their economy if the pandemic goes on i think not be trouble because vaccine are ready after 3 months economics stable if new shape of corona doesn't impact

[Usnman 631]

Yes, most of the big countries suffer from an acute economic crisis, and I believe that the solution may be in the cryptocurrencies and using them for profit and out of these crises.

[mea3d 249]

In the event that we talk about digital money, at that point there have not been any solid drops in cost, aside from Bitcoin, yet it has just gotten back to business as usual. So the Pandemic didn't have any solid effect on crypto costs.

[lilisbet18 231]

This past year in 2020 was good news for the world of cryptocurrencies because everyone thought they were lost and cryptocurrencies were strengthened because many people at home behind a network managed to invest their money in cryptocurrencies being like this the increase in demand for btc eth among many.
 

[Lapulga04 259]

On 4/13/2020 at 10:45 AM, 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 about that, humanity is currently facing an immerse challenge from the the Global pandemic, however crypto currency exchange has maintenance it's value despite this challenge and am sure it will keep improving with time

[Michar1 1693]

Yes, it is true that the economy is not doing very well, and as you see the best countries, which at least are strongly considered in terms of the economic issue, are being affected, it is something that was not seen coming, but that also caused a problem for the riptographic market.
What you mention about the blow that the price of bitcoin also received, which caused a serious price update and that it maintained for a while, I think it was helpful, since it made more people show interest in acquiring bitcoin, to maintain safe your money, and in a financially good asset.
Currently the price is good and those who bought at a considerably low price, at the moment maintain good profits, so I consider that bitcoin is a good investment.

[celeste10 251]

The pandemic was the reason why the btc triggered the thing is that with people at home with an internet connection there is no better thing than investing in cryptocurrency they invested they tried and well gentlemen welcome to the digital age.

[turaki 54]

Honestly formally the economy of the country is fluctuating before but now the economy is now getting balance with the help of the crypto currency 

[Ahabmmad 63]

You are absolutely right,as result of the corona virus pandemic a lot of things have suffered a great lost. But I hope it does not cause more damage than it has done to cryptocurrencies.

[Night Rider 40]

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.

Although we are facing economical crises globally but in my opinion cryptocurrency will still withstand with the crises. Another important point is that, paper and traditional currency can become a cause to spread the virus and the whole world is looking for an alternative. So in this kind of situation, cryptocurrencies are the best and efficient alternative available.

[Asim Ahmad 191]

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.

Hi Dmasked, btc cost really vary similarly as the world economy is evolving, nonetheless, btc we trust WI be steady at the appointed time on the grounds that the pandemic is on abatement or most nations are currently engaging in digital forms of money.

[Malik9532 1276]

You say right my friend case of pandemic  infected the whole world . And these days bitcoin price fall and bitcoin price is 4000 but know a days bitcoin price is very high and bitcoin price is almost over 40000 . And I think it is highest point of bitcoin .

[Alaa hus 242]

The Corona epidemic has a negative impact on the movement of the global economy. However, there were more dealers in cryptocurrencies, meaning that it had a positive impact on digital currencies and increased dealing in them. I think it will replace other currencies

[NomanAshraf787 69]

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.

Dear, listen we don't will happen in future but we are hoping for goodness. This novel corona virus effects badly on our world . But all the countries are struggling for its solution . 

[Thechamp 287]

All the economical crisis are concerned with the currency. And if all the developed and undeveloped countries might legalized this crypto currencies then they will face no economical crisis. 

[Ahmdoof 59]

The global economic recession is interconnected and affects all countries and governments, but I wonder if the price of Bitcoin has anything to do with the fall in the price of the dollar

[Ahmad_00 51]

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.

Global economy crises cant drop the prices of bitcoin amd cryptocurrency because there are number of reasons due to which organizations are shifting to cryptocurrency. Currency notes can spread virus so digital coins can be used in these situations. 

[Silwester_888 439]

This mighty outbreak change everything. Even most powerful and economically strong countries suffered a lot. Despite of this downfall somehow cryptocurrency maintained it's stability and now it continuously increasing.

[Michailma 637]

I think that the crisis of all this crypto currencies is the lockdown quarantine and pandemic issues cause by the corona virus that why everything is getting out of controls but i think is have been safe now since the china have gotten the medicine cure of it, and everyone will be glad the crypto currencies will be moving better

[Shaniii786 0]

My dear friend, as we know, many countries have fought against the virus. Because of which the global economy of many countries became weak. And because of which the value of the Bitcoin had dropped, but according to the current situation, the price of BTC is between 34 to $ 36000. If you look at that previous history, then the value of BTC was very low. 

[Simon London 1749]

Hello everyone, this type of topic will never go out of style, it will always be an important topic, because it is one of the most outstanding factors, how a country works and its different actors, personally I can mention that the global economy is in a frank deterioration, due to the way it is handled, its monetary system, in this case the fiat currency, for this I am convinced that the digital currency will give a great help to any country, to boost its economy.

[Malik9532 1276]

10 hours ago, Kenan12 said:

@Malik9532

During the past year, Bitcoin recorded its highest price since the date of its launch, this is due to several reasons, the chaos that occurs in America, the spread of the epidemic and the spread of some theft operations recently, which led to an increase in demand for it, which caused an increase in its price

Thanks my friend explain the reason of highest price of bitcoin . If we do help other by doing correct their mistakes and giving a chance to correct their mistake then  it is good for everyone especially new members who don't know much about that. 

[Makxxx23 103]

The security of digital forms of money has to do with worldwide emergencies, yet I believe that if the interest for them expands, it won't be dependent upon a state and it is a decentralized cash

[Guljer99 122]

The coronavirus has had a negative and extremely bad effect on the global economy and in some parts of the cryptocurrency.  Bitcoin has recently halved, probably because the virus is partially or simply a coincidence.  However, Bitcoin is slowly recovering. The protection of cryptocurrencies is linked to the global crisis, but I think that if the demand for them increases, it will not be subject to any state and it is a decentralized currency. Thank you.