Global economy crisis and cryptocurrency

[Puyol krishna 86]

The global economy is really getting ver bad day by day.Even the richest countries in the world are facing crucial financial problems.The corona virus even make the situation worse.Many international companies became bankrupt.According to me only cryptocurrency can save world from these financial crisis.

[Jackson62 0]

I hope cryptocurrency will succeed in the future. Because it has proved at the height of the Corona epidemic and its current stability, its trading volume, especially Bitcoin, has been proven to be a major factor in the crisis.

[Anastasiaa 27]

the global economic crises is one of the reasons that made the adoption of crypto currencies an alternative to the fiat currency

[Aleksandrw 320]

As far as we can see, Bitcoin, like other cryptocurrencies, tolerates this time well. This is due to the fact that people are looking for a "safe haven" for their funds during the depreciating dollar and other currencies 

[Arratee877 272]

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.

@Dmasked indeed you are say the fact during this pandemic many countries economy has face setback due to pandemic which restricted from doing all sort of business but cryptocurrency has made it easier to carry out some marketing process electronically thereby cushion effect of hardship among some countries.

 

[BhenGhix 804]

Despite of the fact on ground about how bitcoin is less affected during the course of this pandemic, we're still hoping and aiming that it shouldn't be tempered with again even as the wave of the pandemic is still kinda knocking the door.

[Faizan ali 80]

 Hy dear friends as we all know that due to  coronavirus all the word is in a big trouble and all the economies of the world even the biggest economies of the world is on fall and everyone is disturbed from this so I think cryptocurrency is also disturbed by this.

[Arpit Gupta 581]

Yes, the price of cryptocurrency ruse and falls . Due the corona pandemic, all the countries has affected a lot and that is why the price of cryptocurrency has rised. 

[milyapsak0901 693]

I agree, global economy is in real bad situation and probably usa will create more dollar. I think we bitcoin did a great job during this pandemic. The people who invested on bitcoin in the early days in the pandemic earn big profits. I beileve bitcoin price rise that much because of the corporate investers, otherwise we might never see above the 20.000$

[Riyas1612 359]

It is so sad that the world economy is fall due to corona outbreak. The impact is also affected the crypto currency as well as. Anyhow we can hope that it will grow up again. Because that is the history of bitcoin and other crypto currencies, it won't stable always down. Well it should grow up again, and people will earn more in future. Let's hope for the best.

[M arbaz 294]

Hi my dear. If this crisis will extend again, I think bitcoin will still suffer a great loss again. 8 think that it's value will be a dumped again. Even cryptocurrency have been affected, but now they are not a relatively stable situation and I hope they will stay that way. 

[md.nayem01 0]

I work by investing. We make good income by investing. We collect different tokens and sell them if prices go up. BTC is the most popular currency. BTC LTC, ETH are the ones everyone likes when they work on crypto currencies

[Anora jr 8]

It was on such a global crise that the cryptocurrency was introduced in 2008 so that people need not rely upon government, banks etc. This pandemic ( corona virus) have affected this cryptocurrency because many business have been affected by this situation. At first when this pandemic started the bitcoin price started to fall then now it seem  to be stable.

[Lion heart 71]

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.

Indeed we can see that there is emergencies in digital forms of money and furthermore in the economy of everywhere on the world nowadays. The principle reason of this emergencies is carona infection.

[Nayeem1312 743]

We have seen in this corona pandemic that whole world went to destroyed on economical side. But crypto achieve the lot of price on this time. So it’s took a big part of economy health. So it's a great achievement for crypto currency into the global economy crisis.

[Tawari 888]

My friend 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. 

[Cryptolovee 767]

Yes dear you are right we all know that this virus affected the global economy very much all the countries are effected by this virus the bitcoin prices are also affected

[Ramossss 963]

Yes, my friend, your words are correct due to the spread of the virus that has infected the economy of most countries as a result of the cessation of all areas of life, including trade or industry and others, and thus the price of currencies, including digital and bitcoin, has decreased, but I think that things are now better and the economy has begun to recover gradually

[Lovely0012 85]

We need to realy be sure of what would be the best idea today of working in the different strategies that often tend to put up everything in the right direction we are always suppose to really create something in every area we follow

[guatazoo 7150]

On 4/14/2020 at 1:11 PM, Ch Ayyan said:

Yes we can see that there is crises in crypto currencies  and also in the  economy  of all over the world these days. The main reason of this crises is carona virus. 

Corona its own is the big crisis which in order to affect the crypto market is depending on how big the pandemic investors are are looking. 

[Mhdnaj 6]

Yes this pandemic situation affect each and every one in world. And also effect each thing or process in the world. Many of us suffer more and also many of us lose our opportunities. But in the present time we are recover this situation and also in now crypto currency not fall again because it shows its quality.

[Naylor89 1223]

In my opinion, the economic crisis has completely benefited Bitcoin and other cryptocurrencies. Because Bitcoin as a safe haven has attracted the attention of many investors, And many people believe that Bitcoin can be an alternative to gold. So in an economic crisis, investors tent to buy more bitcoins.

[Jahanzaib Choudhry 477]

Because of the Coronavirus, there was so much poverty in the world that many people died of starvation. It was a difficult time to do.

It was such a difficult time that everyone was worried about it so no one had the money to invest so much but I think there is a lot of currency from this forum is going on that many people have to bear their own expenses because people here  Had started his work without any investment.

[Fahad faf 91]

Global economic crisis will effect to the all fields related to the money alo it effected to the crypto currency also but the are based on digital information so its not a permenent effect . Bitcoin and also all other crypto currency has bee touches the highest position now . So global economic crisis is a temporary effect

[Muhammad Yaqoob 107]

Yes dear the Corona has effected many countries's economy so the price of the Bitcoin also stable in short time but now the price of the Bitcoin increased rapidly. Now the demand of BTC in market is high so many countries controlled their economy.