Interest is increasing in cryptocurrencies due to corona - Crypto World - CryptoTalk.Org Jump to content
Jone20

Interest is increasing in cryptocurrencies due to corona

Recommended Posts

The interest in the electronic currency market today has become a noticeable thing all over the world, in light of the widespread prevalence of the global coronary coronary disease (COVID-19), and concerns about the continuous quarantine and high unemployment rates.
People are increasingly interacting with cryptocurrency exchange services amid the continued proliferation of coronavirus.
Is this evidence of the clear positive impact of the epidemic on global crypto markets?

Share this post


Link to post
Share on other sites

If there are some experts and analysts who say that the Covid-19 will end up favoring Bitcoin (BTC) and it will increase its value exposially

Share this post


Link to post
Share on other sites

It's not just because of Corona, but it's also increasing interest in cryptocurrency. Currently, many have left crypto because of Corona. But interest in crypto is increasing because of the government of every country now supporting crypto. That's why the demand and investment of crypto is increasing.

  • Useful or interesting 3
  • +1 2
  • +2 3
  • +3 1

Share this post


Link to post
Share on other sites

It is not a positive effect of the epidemic on cryptocurrencies, but a positive effect of cryptocurrencies on limiting the circulation of banknotes and transmission of infection in addition to the positive effect in providing aid to combat the Covid 19 virus.

  • +2 2
  • +3 1
  • +5 1

                                                    BetFury                                                   

    🐥Twitter | 📩Telegram | 🎲 You play - We pay 🎲 | YouTube 🍿| Reddit  🕹

                                                  Free BTC 1 800 Satoshi every day                                                 

Share this post


Link to post
Share on other sites
1 hour ago, Jone20 said:

The interest in the electronic currency market today has become a noticeable thing all over the world, in light of the widespread prevalence of the global coronary coronary disease (COVID-19), and concerns about the continuous quarantine and high unemployment rates.
People are increasingly interacting with cryptocurrency exchange services amid the continued proliferation of coronavirus.
Is this evidence of the clear positive impact of the epidemic on global crypto markets?

It may actually have some positive impact on it, but in general if the investment in this field declines as a result of the lack of money in the hands of people, the effect will be negative on the digital currency market even though I see that digital currencies are the near future 

  • Useful or interesting 1
  • +1 1
  • +4 1

Share this post


Link to post
Share on other sites
1 hour ago, Jone20 said:

The interest in the electronic currency market today has become a noticeable thing all over the world, in light of the widespread prevalence of the global coronary coronary disease (COVID-19), and concerns about the continuous quarantine and high unemployment rates.
People are increasingly interacting with cryptocurrency exchange services amid the continued proliferation of coronavirus.
Is this evidence of the clear positive impact of the epidemic on global crypto markets?

Only thing on this i see affecting positively on some cryptos is the fact that people are questioning the value of money when there is more money printed then ever. With that people are looking for the storage of value as they see their fiat devalued sooner or later.

 

Also smart contracts could get a new boost when people want to find another ways to vote with some secure system.

  • +1 1
  • +3 1

Share this post


Link to post
Share on other sites

You are right that you have increased dependence on digital currencies and reduce the use of paper currencies in order to reduce the spread of the virus in the world and this is an appropriate opportunity to increase the use of digital currencies

Share this post


Link to post
Share on other sites
2 hours ago, Jone20 said:

The interest in the electronic currency market today has become a noticeable thing all over the world, in light of the widespread prevalence of the global coronary coronary disease (COVID-19), and concerns about the continuous quarantine and high unemployment rates.
People are increasingly interacting with cryptocurrency exchange services amid the continued proliferation of coronavirus.
Is this evidence of the clear positive impact of the epidemic on global crypto markets?

Yes the use of paper currency is reducing these days because paper money is being touched by millions of users which is why people are using digital payments method during this coronavirus pandemic. 

Share this post


Link to post
Share on other sites

This corona virus have a great impact in crypto currency and I think now is the time to invest to crypto. Also, as much as possible do not use physical money instead use crypto as your mode of transaction.

Share this post


Link to post
Share on other sites

I think it's a continuous process i mean the interest about Crypto currency will increase day by day. Now it's increasing for lockdown situation for Coronavirous of the world. Now maximum people are staying at home and searching the on online the essence of Crypto currency.

Share this post


Link to post
Share on other sites
4 hours ago, Jone20 said:

The interest in the electronic currency market today has become a noticeable thing all over the world, in light of the widespread prevalence of the global coronary coronary disease (COVID-19), and concerns about the continuous quarantine and high unemployment rates.
People are increasingly interacting with cryptocurrency exchange services amid the continued proliferation of coronavirus.
Is this evidence of the clear positive impact of the epidemic on global crypto markets?

I think so. Due to many are wary on using physical currency,that might ve the carrier of virus,they shift to crypto currency as an alternative and due to lockdown,where in many people are obliged to stay at home without work,they find crypto trading is the best solution for now to earn money.

Share this post


Link to post
Share on other sites

Yes that's true and I think the due to staying at home at this situation with COV-19 !

this is a great chance for them to make profits while they are in their home !

Share this post


Link to post
Share on other sites
8 hours ago, Jone20 said:

The interest in the electronic currency market today has become a noticeable thing all over the world, in light of the widespread prevalence of the global coronary coronary disease (COVID-19), and concerns about the continuous quarantine and high unemployment rates.
People are increasingly interacting with cryptocurrency exchange services amid the continued proliferation of coronavirus.
Is this evidence of the clear positive impact of the epidemic on global crypto markets?

Corona Virus has affected the crypto market in a bad way and that caused the price breakdown of Bitcoin. Now, like you said more people are getting to know the field of Crypto currencies and using them for earning more money. 

Share this post


Link to post
Share on other sites

My dear friend all countries are lockdown and people have no work to do in home, so they attracted towards crypto currency to earn money in home, because in ctypto field we don't need to go away from home to earn money, so now so many peoples interested to work with crypto.

  • +1 1
  • +2 1

 

   

Share this post


Link to post
Share on other sites
14 hours ago, Jone20 said:

The interest in the electronic currency market today has become a noticeable thing all over the world, in light of the widespread prevalence of the global coronary coronary disease (COVID-19), and concerns about the continuous quarantine and high unemployment rates.
People are increasingly interacting with cryptocurrency exchange services amid the continued proliferation of coronavirus.
Is this evidence of the clear positive impact of the epidemic on global crypto markets?

I think that may people is interested now on cryptocurrencies because they cant earn money now because of the pandemic. They are finding ways to earn money and they chose cryptocurrencies. 

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

The positive, the price of each coin will be cheap. there is our chance to buy coins with lots, although maybe the price goes up it is quite a long time but rest assured on each other's mainstay coins that the increase will still be there.

Share this post


Link to post
Share on other sites

I have different opinions regarding online and virtually currencies investment significantly loses investors due to corona pandemic and now if you checked capitalization of crypto market in few then more then 2.60$ billions and now currently capitalization of crypto market is only 1.76$ billions USD. 

Share this post


Link to post
Share on other sites
15 hours ago, magd said:

It is not a positive effect of the epidemic on cryptocurrencies, but a positive effect of cryptocurrencies on limiting the circulation of banknotes and transmission of infection in addition to the positive effect in providing aid to combat the Covid 19 virus.

Still the corona has an impact in price last month because it cause for the price of some coins especially bitcoin to go down. 

Gladly it now rising up. 


Free satoshis and bnb every 20 minutes here: https://betfury.io/?r=5fadf2e24229531209b94c8c

Share this post


Link to post
Share on other sites

I also believe that the impact of the pandemic will have positive results on the crypto markets because many will switch to the use of  cryptocurrency as means of payment to avoid fiat funds that might be at risk of spreading the virus.

Share this post


Link to post
Share on other sites

Many people today remain at home, locked up. Thus, they have nothing to do at home and they use the Internet. And where there is Internet, there is cryptocurrency.

  • +1 1

Share this post


Link to post
Share on other sites

Online purchase sites like Amazon and walmart are getting the huge benefits during this crisis time and I can also agree that popularity and utilization rates of cryptocurrency have been dramatically increased due to this pandemic of COVID-19. 

 

  • +2 1

 

 

Share this post


Link to post
Share on other sites

Yes that's true, I think there is also a positive effect of this virus to cryptocurrencies, since many actually sold their coins due to panic , and now everybody is asked to sit at home and there is no other way of making money than working online, and cryptocurrencies is actually the solutions to working online, and this will make more people to join crypto.


 

                                                    BetFury                                                   

    🐥Twitter | 📩Telegram | 🎲 You play - We pay 🎲 | YouTube 🍿| Reddit  🕹

                                                  Free BTC 1 800 Satoshi every day                                                 

 

Share this post


Link to post
Share on other sites

What you say is true, and I agree with you that the Corona epidemic has had a positive effect on cryptocurrencies by making people start using this currency instead of the paper currency that can transmit the infection, and also the wealthy organizations collect donations through cryptocurrencies in addition to all the things that You mentioned it in your post This is very beautiful, as the crypto world has grown in popularity and knowledge of what it contains

  • +1 1

 

                                                    BetFury                                                   

    🐥Twitter | 📩Telegram | 🎲 You play - We pay 🎲 | YouTube 🍿| Reddit  🕹

                                                  Free BTC 1 800 Satoshi every day                                                 

Share this post


Link to post
Share on other sites

This is positive. The market will revive with the addition of new members. Liquidity and movement will increase, but we have not noticed this effect so far

  • +3 1

Share this post


Link to post
Share on other sites

Maybe the interest also remained. The fact is that a lot of people sit at home and who work with cryptocurrencies for this period are busy full day with the crypto world. Probably many are now trading.

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • Британская криптобиржа прекратила работу после кражи $22 млн   Первым о проблемах с британской криптовалютной биржей Lykke сообщил блокчейн-детектив SomaXBT. Позднее представители площадки признали, что злоумышленники получили «несанкционированный доступ» к приватным ключам биржи. После этого сообщения работа Lykke была приостановлена.   Разработчик MetaMask и эксперт по криптозащите Тейлор Монахан написал в запрещённой в России соцсети Х, что биржа потеряла криптовалюты на $22 млн.   Согласно ончейн-данным, половина из украденных $22 млн приходилась на биткоины, остальные активы — это ETH, LTC и Bitcoin Cash. Все похищенные эфиры хакеры сразу обменяли на стейблкоин DAI, а биткоины разделили между несколькими криптокошельками.   Никакой информации о том, когда возобновится работа криптобиржи Lykke, пока нет. Мы всё ещё расследуем причины этого инцидента с безопасностью, но пользователи могут быть уверены, что их средства в сохранности. Lykke — диверсифицированный бизнес с сильными резервами капитала, — заявил генеральный директор криптобиржи Ричард Олсен.
    • Балансы пользователей Bitcoin и Ethereum упали до уровня, невиданного с 2020 года. Данные Glassnode показали, что пользовательские балансы биткойнов ( BTC ) и эфира ( ETH ) на централизованных биржах достигли четырехлетнего минимума, поскольку инвесторы ждали более высоких цен на бычьем рынке.  Балансы BTC упали до уровня ниже 2,3 миллиона монет на сумму около 160 миллиардов долларов, а балансы ETH упали ниже 16 миллионов, составив менее 59 миллиардов долларов.   Баланс обмена Биткойн и Эфириум достиг 4-летнего минимума |  Почему упали уровни обмена Биткойн и Эфириум По данным Glassnode, количество BTC и ETH на биржах имеет тенденцию к снижению с июля 2020 года. Данные подтвердили, что пользователи продолжали выводить активы с этих платформ после пандемии, во время предыдущего пика 2021 года, во время банкротства Terra-FTX в 2022 году и даже после того, как были одобрены спотовые ETF BTC.  Четырехлетняя модель предполагает, что пользователи криптовалюты приняли бычий долгосрочный прогноз, выразив уверенность в будущем росте этих активов независимо от рыночных циклов.  После кризиса Covid-19 в 2020 году инфляция также потрясла мировую экономику и побудила инвесторов вкладывать капитал в технологически безопасные автомобили. Жесткое ограничение поставок и неизменный дефляционный принцип Биткойна укрепили его статус средства защиты от инфляции, и суверенные страны, такие как Сальвадор, приняли криптовалюту в качестве законного платежного средства.   Бычий тезис, возможно, еще больше укрепился, поскольку гиганты Уолл-стрит, такие как BlackRock и Fidelity, стимулировали институциональный спрос через спотовые BTC ETF . Такие компании, как MicroStrategy под управлением BTC maxi Michael Saylor, также вложили миллиарды долларов в главный цифровой актив.  Будучи вторым по величине криптовалютным и ведущим альткойн-активом, ETH имеет собственный оптимистичный тезис о том, что он является ведущим заменителем BTC. Токен поддерживает крупнейшую экосистему децентрализованного финансирования (DEFI) стоимостью почти 70 миллиардов долларов за DefiLlama.  В 2020 году разработчики запустили цепочку Beacon, которая положила начало окончательному переходу от доказательства работы (PoW) к доказательству доли (PoS). Этот шаг разблокировал стейкинг Ether — процесс блокировки ETH для сетевой безопасно  сти и пассивного дохода.  На момент публикации в стейкинге было поставлено более 27% Ethereum. Другими словами, пользователи вложили ETH на сумму более 119 миллиардов долларов в таких провайдеров стейкинга, как Coinbase , Lido и EigenLayer .  Шумиха вокруг одобрения спотовых ETH ETF, роста дефисов и резкого роста ставок привела к позитивному прогнозу для криптовалюты и еще больше побудила пользователей держаться изо всех сил, что в криптосообществе также известно как «ходл».
    • Сложно определить кому конкретно принадлежат те или иные адреса, пока речь идет о том что на них есть крупные суммы с биткоинами, фиксируются пока только объемы на определенных адресах.
    • ✅CRYPTO CASH ♻️ USD/AMD • 0~499 USD—2% • 500~999 USD— 1.5%• 1 000~4 999 USD — 1.2%• 5 000 ~ and more — 0.7%   ☑️CASH USD/AMD ♻️ CRYPTO • 500 ~999 USD  — 2%• 1 000 ~4999 USD — 1.2%• 5,000 USD and more  — 0.7%   All directions of exchange and calculation can be done on the website 👉Website For questions 👉 Telegram operator We are never the first to write with an offer to exchange. Be carefull!!!   CryptoInvest Contacts: ☎️+374-77788760 (Viber/WhatsApp)      +374-77667060 Address: Yerevan, st. M. Khudyakova 177/7. 🌐View on map
    • New draw live on X Twitter!         Don't forget to complete all 3 tasks to qualify. The $50 prize will be divided among 10 winners ($5 each). 3 tasks!          Subscribe and retweet               Mark 2 friends                Enter your NICKNAME in WINDICE                       HI WINDICERS,     New Forum Challenge is now up!   Hit the required multipliers, win and get your share from the prizepool of 0.0052 BTC by the end of the contest.   Contest ends Monday June 17th, 19:00 UTC.          
    • Добрый день, дорогие пользователи!👋 Напоминаем Вам:   🔔На нашем сайте действует акция - соверши обмен, оставь отзыв, подпишись на telegram-канал, получи 5$ на кошелек TRC20 или TRX. 🔔Стань нашим партнером - зарегистрируйся на нашем сайте, Вы получаете в личном кабинете уникальный партнерский идентификатор, Вы сможете размещать данные ссылки нашего сервиса на любых страницах своего сайта, блога, сообщества и социальных сетях. Зарегистрировавшись-Ваши ссылки реферальной программы будут находиться в разделе «Партнерский аккаунт и рекламные материалы»  - Акция - Партнерский FAG  - Условия участия в партнерской программе   Желаем Вам продуктивного дня и хорошего настроения! С уважением, Финансович.
    • Скажу про данный обменник только то что я  производил обмен в нём уже третий раз и все три раза это происходило не более 5 минут , работают очень быстро и с приемлемым курсом .
    • ПРИВЕТ, WINDICERS,   Объявлена новая конкурсная программа на форуме!   Наберите необходимые множители, выиграйте и получите свою долю из призового фонда в размере 0,0052 BTC до конца конкурса.   Конкурс заканчивается в понедельник, 17 июня, в 19:00 по Гринвичу.                Новый розыгрыш в прямом эфире в X Twitter!Не забудьте выполнить все 3 задания,чтобы пройти квалификацию приз в размере 50 долларов будет разделен между 10 победителями(по 5 долларов каждому)   3 задания!                      ;Подписывайтесь и ретвитит        Отметьте 2 друзей                                           Введите свой НИК в WINDICE  
    • Новый обменник - куча плюшек, как говорится. Плюс акция, плюс как по мне одна из лучших партнёрских программ. На досуге изучил, всё ок. По обменнику: Приятный во вчём, от дизайна до функуюционала, прост в работе, плбс порог обмена нет от бешенных каких - то сумм как у некоторых сервисов, вполне приличный обменник.
    • The USDD stablecoin has landed on LetsExchange Decentralized USD (USDD), the first over-collateralized decentralized stablecoin, is now available for trading on LetsExchange, a crypto exchange platform that supports the largest number of cryptocurrencies in the market. Users can swap USDD on TRC20, ERC20, and BEP20 blockchains for over 4,500 coins and tokens using a LetsExchange widget, Telegram bot, or through third-party platforms and apps integrating crypto exchange functionality powered by LetsExchange.   When swapping USDD for other cryptocurrencies on LetsExchange, users enjoy the flexibility to choose between a market rate and a fixed rate. With the first option, the system automatically picks the best rate among the 20+ liquidity providers connected to LetsExchange, ensuring the most profitable exchange conditions despite short-term price fluctuations. Users who prefer to avoid slippage caused by volatility can opt for a fixed rate, which locks the initially quoted value for the swap until the operation is completed.   Since USDD circulates on multiple mainstream networks, users can seamlessly transfer USDD across different blockchains using the LetsExchange widget. For instance, users can swap TRC20 USDD for ERC20 USDD or the way around with a few clicks. More blockchain networks that support USDD will be available soon.   Alex J., Chief Product Officer (CPO) at LetsExchange, welcomed the listing of USDD and remained confident that many users will adopt this stablecoin. He commented: “Listing USDD on our exchange platform is the first step toward more comprehensive cooperation with this project. The USDD team will study our B2B products to assess the possible integration to boost the visibility and adoption of their crypto asset.”   Decentralized USD (USDD) is an over-collateralized decentralized stablecoin launched by TRON DAO Reserve, the custodian of USDD, and guarantees its price stability. This stablecoin’s value is pegged to the US dollar. USDD is secured by over-collateralizing multiple mainstream digital assets such as TRX, BTC, and USDT. The total value of collateralized assets is significantly higher than that of USDD in circulation, with the collateral ratio set at 120%. The USDD protocol aims to provide the blockchain industry with the most stable, decentralized, tamper-proof, and freeze-free stablecoin system, a perpetual system independent of any centralized entity.   LetsExchange is an industry-leading exchange platform that supports over 4,500 coins and tokens, the largest number of assets in the market. Along with crypto-to-crypto swaps, users can benefit from DEX and on-ramp/off-ramp functionalities. LetsExchange’s partners can integrate crypto-to-crypto swap functionality through API. DEX and Buy/Sell functionalities are also available through adjustable crypto exchange widgets and Telegram bots.
×
×
  • Create New...