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Jone20

Interest is increasing in cryptocurrencies due to corona

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Yes thats true but most of the interest is getting mainly DeFi project which is based on Ethereum blockchain. They are grabbing investors heavily because of good price increase of DeFi project this year. Hope crypto currency will recover with this trend and we will have many good project this year. Also i saw this causes the high gas fee of Ethereum network which make this network vulnerable thats what its c.

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Corona make a great loss in all over the world and this is not good for us. Now this time we can see that the fee is so much increased in the crypto market and also the so many peoples are waiting for the bull and that is not happened but i hope in future this will happened and the market fee is going to be low and it will give us huge profit in short time.


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I think corona triggered the user  to more active on this forum, not only this but the other also. One of the main reason is that, due to this corona many people are bring unemployed so, they are not move to the online platform to earn few extra. May be it is the one positive side of the pandemic. 

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On 5/7/2020 at 4:39 PM, ETheHedgehog said:

i know it may not be the best time to trade, but because of the lock down more people are learning about crypto currencies as they have nothing else to do

Well, that's true mate, by this pandemic that we are facing, the price of crypto coins even though the stock markets are dropping because of it but as of now, the price are now being recovered like bitcoin by hitting the $9600 value which ia now stable in that price.

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Many people are left at home without any job at hand since the arrival of the Corona virus and one of the easiest way one can earn good profit to there wallets while sitting at home is through Cryptocurrency and I think one of the best site one can easily earn to there wallets is cryptotalk paybyposts campaign which is currently offering 10 talk token per post.

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2 hours ago, Solex said:

Many people are left at home without any job

Clearly this is a case for many people. Cryptocurrencies certainly got more attention lately, but there is a certain correlation of Bitcoin with the stock markets. In case stocks go down again so will Bitcoin and at least for right now charts don't lie on this. We reached 10k again today but we need decisive move, perhaps if tomorrow no new money enter then we will dive again to 9k. 

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On 4/15/2020 at 6:30 PM, 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?

Where did you get that data?
I guess it will be good to show some source of that news.
This kind of topic should be supported by sources and charts. 
I am asking for the source because I do not feel that there are many people who joined to trade on crypto exchanges just because we are quarantined. 


 

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The Corona virus has caused so much damage to many sectors that even the cryptocurrency market has been affected by a significant decline
But now the recovery will be rapid and the market will probably be better in the coming period than it was before the Corona epidemic

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On 7/26/2020 at 12:12 PM, BTC Future said:

Clearly this is a case for many people. Cryptocurrencies certainly got more attention lately, but there is a certain correlation of Bitcoin with the stock markets. In case stocks go down again so will Bitcoin and at least for right now charts don't lie on this. We reached 10k again today but we need decisive move, perhaps if tomorrow no new money enter then we will dive again to 9k. 

Bitcoin is a promising coin and believe it will regain it marked value no matter how low it drops in the Cryptocurrency marketplace, all we need to do is excercise patience because this Corona virus pandemic has really affected the economy of many countries but they will soon rise again so let's excercise patience because it is the key to success.

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Absolutely, a lot of companies and people went to the Internet to offer and search for work, so the search rate for the crypto field increased, and this will benefit in the future.

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I will say tho statement is right, I do not really noticed, but during the time of corona virus, there I an increase in people that are playing blockchain games, so I will not disagree to this as I seemed so that Crypto users truly increase.

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yes that is right , after spreading of COVID-19 , people had to stop working and stay at home but everyone knows that people needs to work and earn money so they can be able to live and cryptoworld gave them the chance for that , that is why numbers of people that using crypto increased since then

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There is a lot of things the crypto world has helped us so much so its important we are able to keep going ,the crypto world am going to say my own , I was able to make some good money from it, because I was making transfers with ripple for a fee, so many people get  and got me a lot of good money

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Interest nd use of cryptocurrency can be more due to cronavirus in developed countries not in other countries because  there is no way to use them locally.

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Yeah, I have seen many people joining this forum and joining cryptocurrency during this pandemic time which is positive sides in the cryptoworld. I think everyone should learn about the cryptocurrency how it works and how the value changes from time to time? I am sure they gonna join the cryptocurrency next day after learning every thing.


 

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2 minutes ago, Izeal said:

Yeah, I have seen many people joining this forum and joining cryptocurrency during this pandemic time which is positive sides in the cryptoworld. I think everyone should learn about the cryptocurrency how it works and how the value changes from time to time? I am sure they gonna join the cryptocurrency next day after learning every thing.

I do not think people really joined this forum due to corona virus, normally, before coronavirus, this forum have more than 200000 member. If the admin even leaves spammers alone and be paid, we would be more than 1 million members on this forum. Although, cryptocurrencies  is a good option someone can take from. I took suggestions such. 

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Of course it's growing. After all, in fact, this is an opportunity to manage digital money, as well as a good, I would even say an excellent investment ! Because it allows you to store your funds profitably, as well as possibly increase them!

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Yes, I think it was the corona that helped many people find cryptocurrencies as they were locked in their house for a month or more and they were on twitter too reading all the bullish tweets. I think that since April the population invovled with cryptocurrencies doubled, and perhaps millions are now ready to adopt crypto. 

I hope shops will start accepting payments everywhere and push the governments to recognize crypto for payments.

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Absolutely true, Covid-19 came in this with negative impact to the value of Crypto currencies, entire Crypto market and has collapsed even global economy. Though it's was able to recovered back to a very good price and the market is favourable at least. The effect has become an added advantage for Crypto world as it's gaining much appreciation from the public as the most safe and secure means of making global transactions with out compromising social distancing.

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Yes, in my opinion that is one of the positive impacts of using cryptocurrency as a transaction, it turns out that there are many other benefits that can be obtained from using cryptocurrency as a transaction, one of which is avoiding Corona transmission. virus. , besides that it also makes transactions easier. because we can shop online using crypto at online stores like amazon. With crypto we can stay at home and shop so we can continue to live in the midst of a pandemic like this, crypto really helps society today.

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No corona or Covid 19 never changed anything, but you have to look at it this way, right about this year is when bitcoin was to be halved and when you look at it, the time before the news happened , the coin lost 60% of its value, from 11,000$ to 4000$ and this was in preparation to the halving, but the same happened to every other coin , they all fell down .

When Halving happened, the coin started moving up again and so did the rest, though there is some stories of how crypto may have come in handy during lock down but it was not that much.

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Yes you are right. In corana,  people would not use any fiat money beacuse that is the main reason for spreading covid-19. The interest of peoples is increasing for crypto currencies in corana becasue peoples are locked at their home,  they have nothing to do for their income so that why for earning and securing their they worked on crypto currencies and most of peoples interested in crypto and i think they worked in crypto after carona.


                           

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Expect that this will be further amplified it's appeal because there has no come off from lots of individuals subsequently that they will get hold of round about trace of money, and they are preferring this to avoid them to sustain their day by day expenses. 

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Yeah, agreed! In this condition many people in the world are unemployed and they have a lot of time to surf the internet and internet money - Bitcoin. So people are becoming curious about it.

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