Corona Virus has killed all cryptocurrency spaces!

xenon131

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Nihil impunitum

Quote from: Sterbens on March 27, 2020, 09:06:20 AM

I think the cryptocurrency industry will be fine but the economy in a region will be in crisis because it will continue to deal with Covid-19 which will be very scary, of course people will be afraid to activity and be afraid of this outbreak.
Crypto will be fine but I don't know if this will survive or deteriorate like other stock markets because this is the effect of covid-19.

"will be" is the key word. the reality is that all cryptofields are badly affected. Someone can argue there is splash of activities on exchanges but it is largely due to users' fear who move their funds to own wallets.

magnum cyber

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as you can see now that the corona virus has killed community activities in the world but not for the entire cryptoqurrency market. Even though the market is weak but the market can still recover someday. In fact, before the corona virus emerged the rise and fall of crypto prices was common in this industrial space.

wxxyrqa

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Quote from: XCANA on March 28, 2020, 04:31:03 PM

Quote from: Ryushin on March 27, 2020, 01:41:18 AM

As deadly as the virus is I think it will make Bitcoin and crypto become more popular since bitcoin is the best asset standing strong over the other assets, many will definitely notice it's potential

This is the same perspective am viewing things right now because Bitcoin and some other good cryptocurrency were built for this purpose. The happenings in the world of cryptocurrency should not be attache to the coronavirus but to the community behind cryptocurrency. Many choose to sell their portfolios because of fear of the future but never have a second thought about the market manipulation from the whales. Whales have been the only group manipulating the entire market which is the reason the weaker hands sell off so quickly and this always hurt the entire market.

Indeed, it could be assumed that today's decline in the prices of the cryptocurrency market was the result of the general tendency for all markets to fall under the influence of the coronavirus epidemic. But I also think that this situation is primarily due to manipulation of the cryptocurrency market. I am sure that digital assets today have the greatest prospect for investors than any other investment. After all, the fact is that contactless payments using digital money are by far the most convenient and safe, which increases the demand for cryptocurrency. but since, on the one hand, demand should increase the value of the cryptocurrency, and on the other hand, We do not see any results of price increases in the cryptocurrency market, the only conclusion that suggests itself is that price reduction in the market is artificial, which means that a breakthrough is expected in the near future .

bttmember

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AMEPAY

I am really sad to see the circumstances created by this viral infection round the world, i am sure no one has seen such scenes ever before, it is just chaotic and hopeless world at the moment, also there are many conspiracy theories coming up like bio weapons and biological war but i think why would anyone kill thousands of people including their own just for trade wars.
Regarding crypto market, this virus has proven deadly just when market sentiment began to be bullish due to upcoming halving this virus came from no where and crushed the market. Lets see how much time market will take to recover now.

kindbtc

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It has really impacted each and every business and each and every market, in our locality no shop is allowed to open now only couple of grocery places are opened and they are also not allowed crowd, people can buy one by one only. Overall businesses are closed and we do not know when everything will be back to normal. Under these circumstances we cannot predict when everything will be back to normal. We can only hope and pray and hopefully crypto market will be the first to move as soon as things stabilize.

XCANA

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Quote from: Ryushin on March 27, 2020, 01:41:18 AM

As deadly as the virus is I think it will make Bitcoin and crypto become more popular since bitcoin is the best asset standing strong over the other assets, many will definitely notice it's potential

This is the same perspective am viewing things right now because Bitcoin and some other good cryptocurrency were built for this purpose. The happenings in the world of cryptocurrency should not be attache to the coronavirus but to the community behind cryptocurrency. Many choose to sell their portfolios because of fear of the future but never have a second thought about the market manipulation from the whales. Whales have been the only group manipulating the entire market which is the reason the weaker hands sell off so quickly and this always hurt the entire market.

ZeeeN

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Quote from: Harlot on March 28, 2020, 04:07:50 PM

Quote from: Maturnuwun on March 28, 2020, 03:50:17 PM

This virus will not last long, it's only a matter of time, even many scientists are competing to find the corona vaccine. looking back, if I'm not mistaken in 2008 the swine flu is more terrible with the corona virus but can be cured. so believe that the crypto market can recover after the corona problem is over.

We don't know that for sure, right now USA suddenly became the number 1 country who has the most confirmed cases and the death count is catching, the virus in US is infecting so fast that they have now surpassed China in terms of the number of confirmed infections. I'm also seeing news that the COVID-19 has a higher chance of mutating which means finding a cure at this early stages seems to be impossible at the moment. Now in terms of the market recovering this might not be still the time to jump in and buy/add some more position since the market might still fall depending on how this situation worsens so I think it's best to just wait and see if how the market will play out from this point forward.

have most confirmed cases is not bad news other country have less confirmed cases(except china and korea) because they not check infect people yet.

found confirmed cases that mean can keep infect people to cure before they going to spend virus to other people.

Harlot

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Quote from: Maturnuwun on March 28, 2020, 03:50:17 PM

This virus will not last long, it's only a matter of time, even many scientists are competing to find the corona vaccine. looking back, if I'm not mistaken in 2008 the swine flu is more terrible with the corona virus but can be cured. so believe that the crypto market can recover after the corona problem is over.

We don't know that for sure, right now USA suddenly became the number 1 country who has the most confirmed cases and the death count is catching, the virus in US is infecting so fast that they have now surpassed China in terms of the number of confirmed infections. I'm also seeing news that the COVID-19 has a higher chance of mutating which means finding a cure at this early stages seems to be impossible at the moment. Now in terms of the market recovering this might not be still the time to jump in and buy/add some more position since the market might still fall depending on how this situation worsens so I think it's best to just wait and see if how the market will play out from this point forward.

Maturnuwun

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This virus will not last long, it's only a matter of time, even many scientists are competing to find the corona vaccine. looking back, if I'm not mistaken in 2008 the swine flu is more terrible with the corona virus but can be cured. so believe that the crypto market can recover after the corona problem is over.

amonymous

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I can't clearly explain but my mind tell yes Corona virus killed more people in this world, ahyo people don't go out their home. Really i am very sad for everyone people and i want pray every people will be safe. I hope this virus will be gone and all crypto people will come again for run.

irixo10

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Quote from: Bpip.org on March 27, 2020, 12:17:02 AM

Btw If COVID-19 cannot be completely resolved, especially in every country affected by the corona virus outbreak?

what about the fate of the next cryptoqurrency industry?
I think, this virus not only inhibits activities throughout the world and can even be said to have killed the entire cryptoqurrency space!

With the measures being taken against this virus it is only but a matter of time and it will be contained while the world waits for a possible cure. Also, you should know that countries are taking alternative steps such as working from home to ensure activities keeps going on although it's on a slow pace. Therefore the crypto space isn't what can be killed although activities will reduce but it will still keep going on while waiting for a cure which will lead to the return of normal activities.

thisnewcoin

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Quote from: trauchot on March 28, 2020, 11:07:14 AM

Yes, of course, the corona virus has greatly influenced the cryptocurrency market, but this is a temporary problem and I’m sure that soon the world will be able to overcome the corona virus and then the cryptocurrency sphere will begin to develop further and the cryptocurrency market will begin to grow again.

I think the same! Coronavirus outbreak won't stay longer, specialists are saying it will stay till the April otherwise till the June! If it stays longer then a massive market crash like 2008 may happen! So, we are not out of danger, coronavirus is spoiling every sector of this world. So, We will not see a good uptrend in crypto market until the coronavirus ends!

Wintersoldier

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Quote from: Bpip.org on March 27, 2020, 12:17:02 AM

Btw If COVID-19 cannot be completely resolved, especially in every country affected by the corona virus outbreak?

what about the fate of the next cryptoqurrency industry?
I think, this virus not only inhibits activities throughout the world and can even be said to have killed the entire cryptoqurrency space!

If the covid-19 will not be resolved, it would be a huge problem in the economy of a country that there might be a huge riot in every country, especially in the cryptocurrency space that there will be a huge crash that everyone one might be selling their crypto out. But for now, there are a lot of people who have been cured from the virus, so it is impossible for it will not be resolved.

trauchot

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Yes, of course, the corona virus has greatly influenced the cryptocurrency market, but this is a temporary problem and I’m sure that soon the world will be able to overcome the corona virus and then the cryptocurrency sphere will begin to develop further and the cryptocurrency market will begin to grow again.

Thomas-s

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Quote from: BRODIN on March 28, 2020, 04:53:40 AM

Even though this virus has paralyzed activity in the world today, it will not continue on the basis of the cryptoqurrency market, try to see that the market situation is starting to improve and we all hope that this problem will be resolved soon. and I believe after this there will be a new adoption of crypto.

everything will improve on the cryptocurrency market only if the events in the world begin to improve. Now I see that everything is only getting worse. most likely improvements will come only at the end of the year. now we can only believe in the best.

slashz9

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if one country cannot solve the virus problem maybe other countries will help because this is not just a country's problem but has become the center of attention all over the world even China offers their doctor's assistance to other countries.
so this problem must be resolved immediately.

JCviggen

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Quote from: Pffrt on March 28, 2020, 02:25:18 AM

Some says so, some says opposite. I'm not supporting a pandemic for crypto goodwill but some says this pandemic may change the crypto industry. Look at the way US is printing money, will it increase the purchasing power? It may have an affect to the cryptocurrency too. I would rather wait some more time to conclude a decision.

I also believe that it is now impossible to draw any clear conclusions about the cryptocurrency market and understand how it will behave in the near future. people will make assumptions, but my strategy now is to take a break for a while and just watch what happens in the world

Leonardo7

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If this pandemic continues, people will be forced to chat a new profitable investment option to sustain a daily and long term life and beat total starvation, they may well look to cryptocurrency and bitcoin will be the best bet.

Marble777

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Quote from: julius caesar on March 28, 2020, 02:43:29 AM

Quote from: Bpip.org on March 27, 2020, 12:17:02 AM

Btw If COVID-19 cannot be completely resolved, especially in every country affected by the corona virus outbreak?

what about the fate of the next cryptoqurrency industry?
I think, this virus not only inhibits activities throughout the world and can even be said to have killed the entire cryptoqurrency space!

As of now, the market is on its recovery state. Lets just hope that it will continue to recover as a preparation for the upcoming halving so that it will have a good or profitable price. Currently, we cannot do anything but to stay and work on our home which affects the cryptocurrency alot because of the corona virus. Sooner or later it will comeback to its price before for sure.

I am sure if half of bitcoin is reduced, the market can recover soon and crypto prices will soon be significant, especially with BTC. but I'm not sure before that time comes or half the bitcoin is reduced, is it possible that this virus can be stopped. because until now even this virus is increasingly widespread & every day add more victims. but we all hope that this Corona Virus will end soon.

Polar91

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Quote from: Bpip.org on March 27, 2020, 12:17:02 AM

Btw If COVID-19 cannot be completely resolved, especially in every country affected by the corona virus outbreak?

what about the fate of the next cryptoqurrency industry?
I think, this virus not only inhibits activities throughout the world and can even be said to have killed the entire cryptoqurrency space!

I don't think that's possible to happen. Some countries are getting back to normal gradually such as Japan and China in which we know that a lot of holders reside there. On the other hand if we'll go to the possibility that you are asking, it will just happen once the situation is really worst. The economic states of the living people in this world will collapse first. Meaning, stocks will get zero first before the crypto does.

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