Post
Topic
Board Bitcoin Discussion
Re: Does the epidemic have a big impact on Bitcoin?
by
oHnK
on 11/08/2021, 15:00:02 UTC
I think the effects of the pandemic have had a major impact on the various business worlds, not only the crypto world, which had such an impact on the pandemic, such as several other businesses and even many large companies that also went bankrupt from the impact of the corona virus. ends and life will return to normal and run properly as it used to be

It has been proven that the pandemic has had a big impact because many companies have officially declared bankruptcy due to the pandemic, but this has brought a positive side to crypto because the crypto marketcap has increased dramatically since the pandemic, I'm sure investors are increasingly optimistic about the future of the pandemic.

Didn't everything increase in price world wide? I hardly know of any market that didn't increase except for gastronomy and those who are dependent on a frequent audience. Apart from that precious metals and many other assets have performed very well, including Bitcoin. It is not like Bitcoin was the only asset that got a boost during the pandemic. Not at all by the way, but rather a lot of money was invested all over the place.

If it is said that all prices have gone up, it seems that you have to look back at how the stock prices collapsed in 2020, if they are now improving, they will not fully recover.  There are many companies that have laid off their employees and the economy is becoming more difficult.  If crypto doesn't have an impact then maybe because it's not centralized if it is centralized I'm sure the government has made certain policies for this new type of currency.