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Corona virus Effect on Crypto

ESM

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With the second wave of corona virus surfacing and various businesses limiting their productions and some shut down. What effect will this (corona virus) have on the cryptocurrency World? Will it affect positively or negatively?
 
Caali

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It is very much expected that Bitcoin will thrive because of corona virus because all other traditional commodities are facing difficult situation in the prevailing crisis. Now, halving is also over and bitcoin is regaining its price.
 

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ESM said:
With the second wave of corona virus surfacing and various businesses limiting their productions and some shut down. What effect will this (corona virus) have on the cryptocurrency World? Will it affect positively or negatively?
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Corona virus really affected a lot of businesses last year and so many cryptocurrencies were falling in prices last year. They are speculations all over the world that the second wave of covid-19 virus might affect businesses, and also cryptocurrencies again.
 
Bangiszz

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The COVID-19 pandemic has affected monetary business sectors everywhere on the world, including that of cryptographic forms of money. In a select meeting with ETBFSI, Sankalp Shangari, famous Angel speculator who works intimately with FinTech firms, shares his view on how the account on Bitcoin will gradually change post this pandemic.
 

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Any significant changed that's been noticed could be from the effect of corona virus because the possibility of supply may increase and the price will reduce...
 
Chibson

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In my personal opinion I will think that the Corona virus pandemic will even increase the prices of cryptocurrencies and of course I'm not lying because we all saw what happened.
 
FreshKaz11

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ESM said:
With the second wave of corona virus surfacing and various businesses limiting their productions and some shut down. What effect will this (corona virus) have on the cryptocurrency World? Will it affect positively or negatively?
Click to expand...
I can't really say the possible effect impact on crypto currency,but all I I could notice during the pandemic that most investor keep selling their crypto to have more money to feed their self and families.
 

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When the market was going bullish, a lot of people thought pandemic is helping crypto currency to grow, when the market was bearish and the pandemic was still there, people understood corona had noting to do with crypto
 

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I dibt see any relationship between corona virus and the price of cryptocurrencies or it affecting the price if cryptocurrency in any way. That's just my thoughts though
 

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monetary business sectors everywhere on the world, including that of cryptographic forms of money. In a select meeting with ETBFSI, Sankalp Shangari, famous Angel speculator who works intimately with FinTech firms, shares his view on how the account on Bitcoin will gradually change post this pandemic.

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Dowenship​

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Any significant changed that's been noticed could be from the effect of corona virus because the possibility of supply may increase and the price will reduce...

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[IMG alt="Chibson1"]https://bizdustry.com/data/avatars/m/6/6431.jpg?1611815107[/IMG]

Chibson1​

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In my personal opinion I will think that the Corona virus pandemic will even increase the prices of cryptocurrencies and of course I'm not lying because we all saw what happened.

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[IMG alt="FreshKaz11"]https://bizdustry.com/data/avatars/m/6/6689.jpg?1613047238[/IMG]

FreshKaz11​

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ESM said:
With the second wave of corona virus surfacing and various businesses limiting their productions and some shut down. What effect will this (corona virus) have on the cryptocurrency World? Will it affect positively or negatively?
Click to expand...
I can't really say the possible effect impact on crypto currency,but all I I could notice during the pandemic that most investor keep selling their crypto to have more money to feed their self and families.

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[IMG alt="Justin"]https://bizdustry.com/data/avatars/m/6/6167.jpg?1609964755[/IMG]

Justin​

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When the market was going bullish, a lot of people thought pandemic is helping crypto currency to grow, when the market was bearish and the pandemic was still there, people understood corona had noting to do with crypto

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Senator​

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I dibt see any relationship between corona virus and the price of cryptocurrencies or it affecting the price if cryptocurrency in any way. That's just my thoughts though

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Elfinito

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The first wave of the corona virus lockdown saw a lot of people jumping into cruptoarket just to make so earning during the lockdown and thus so many new traders where introduced to the market. It had a very positive effect on the price of Bitcoin, because there was much demand in the market and the price moved up
 
eLdavis

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Though I might be wrong but I feel this would further increase the usage of crypto currency in general as it did the last time, alot of persons would be out of business because of the various lockdowns, hence they would have to fall back to online jobs and investments.
 
Tracee

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I think the crypto world would thrive as more people would be introduced to this due to the fact that majority of the companies are still shut down and people will look for another means to survive financially.
 
Kelly5

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I do not see the covid19 pandemic situation affecting the price of the Bitcoin in anyway. The price ifnth Bitcoin is only affected when there is a change in the demand and supply of the Coin
 

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Heatman

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ESM said:
With the second wave of corona virus surfacing and various businesses limiting their productions and some shut down. What effect will this (corona virus) have on the cryptocurrency World? Will it affect positively or negatively?
Click to expand...

The pandemic of coronavirus affected everything in the world including cryptocurrencies which you can actually still see that they are still falling in prices.
 
Seno inyang

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Crypto currencies can be traded from anywhere in the world alleviates, to some extent, potential liquidity constraints that can arise if local government restrict trading activities as part of a lockdown.
 
Blessedsam60

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ESM said:
With the second wave of corona virus surfacing and various businesses limiting their productions and some shut down. What effect will this (corona virus) have on the cryptocurrency World? Will it affect positively or negatively?
Click to expand...
The effect of covid-19 pandemic on crytocurrency market is great. I mean great in the sense that many transaction which are being done physical before are now digitalized and crytocurrency technology are being employed to use for that.
 
HayKay

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I think covid would favour cryptocurrencies that have to do with gaming, improved social media or digital services.
Covid has digitalized the world and it's only good that crypto is gravitating towards it.
 
Heatman

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For the past two weeks now since the recent increase in the outbreak of the Corona virus in all European countries, the prices of cryptocurrency have actually been affected seriously.
 
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