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Topic: Corona Virus has killed all cryptocurrency spaces! - page 2. (Read 529 times)

member
Activity: 868
Merit: 16
Do you have a reason to have this statement? I hope you do cause in reality bitcoin and altcoin still have a chance to be used by most people on this world although we head this issue. Even I will believe that cryptocurrency can help the human activity especially for payment transaction. As you know there are some countries who decide to reduce the using of money paper because money paper can be a tool for someone to contract the corona virus.
member
Activity: 655
Merit: 10
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.
full member
Activity: 438
Merit: 100
arcs-chain.com
I'm not as pessimistic as you are, Covid-19 may be the most serious epidemic the world faces in the 21st century, but this is not the first time. I think the disease will improve in the next few months and the market will be brighter.
member
Activity: 490
Merit: 19
Do you know how bad it would have been if the virus only affects crypto market? But look very well, even stock market is suffering the most now, this means that crypto is better than stock in time like this, we need cure and I hope it will happen soonest
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
This is not quite true, i mean your title. However, going into your content I can't argue the fact that the virus is having a tremendous negative effect on the crypto market with other markets inclusive but I can say that both crypto and other world markets like stock market etc will rebound once there is a cure. The thing is, people see it fit to hold fiat so that they can conform to the personal needs which crypto can't buy hence part of the reason why the market is the way it is. Lastly, with all countries working hard to find a cure, it shows there is hope of a better future.
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
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.
sr. member
Activity: 1372
Merit: 322
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.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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!

Cororna virus is an unfortunate epidemic that occur and plague almost the country. these events will certainly disrupt the world economy. at least crypto is also affected by the impact even though it may not be direct and large, but investors are also divided into two, there are those who actually see the right moment to buy and some are waiting for the right time because they helped the outbreak.

sr. member
Activity: 1162
Merit: 260
The crypto market was affected by Coronavirus outbreak as all spheres of life. Was it doomed? No, the industry is slowly recovering.
It was not yet but it looks like the crypto market will never be doomed caused by this virus. The fact that this pandemic has already made crypto becomes famous among all of the countries who have already affected by this virus.
I think that crypto will exist forever. As long as this pandemic will continue and that will boost the popularity of crypto itself.
full member
Activity: 172
Merit: 100
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!

Alot of teams like ours work in many different countries anyway we are also doing what we can to fight against the virus any support appreciated www.xcvesting.io

But yea this will come and go... hopefully soon.
sr. member
Activity: 1701
Merit: 308
Indeed for now we have all felt the bad impact of the virus outbreak of 19 Garry, ranging from activities that we have to stop with the disruption of our income in cyberspace especially in the crypto world, many projects that are currently in the stop For a while but still some are continuing to run, and most importantly the value of Bitcoin that can still survive and I'm sure the ongoing projects will reach a point of success.
newbie
Activity: 48
Merit: 0
The crypto market was affected by Coronavirus outbreak as all spheres of life. Was it doomed? No, the industry is slowly recovering.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
Take a deeper look.
It is actually one which have the lesser hit.
The whole economy is actually going down.

If this takes long even the production of food will be hit largely.
No one is making any profit in this virus thing. Maybe pharmaceutical industry, but not that much.
Even supermarkets cannot full blast into letting people in.
Crypto currencies is volatile specially bitcoin, we don't really know if it is already hit large by the virus. What if this is just another one of the volatile moves of it?
full member
Activity: 627
Merit: 103
crypto will be fine and get better after this problem is resolved. basically don't panic just because of viruses, I mean even though the effects of viruses have affected the situation of the crypto market but the crypto market will not be totally paralyzed. it's only a matter of time, we are all waiting for the bullish market after this virus can be solved before approaching 2021.
If the virus is stopped, I think we need at least the next 2-3 years for the entire economy to recover like 2019. The virus has caused serious damage to the entire world and the market. crypto school, so we should fear it. Do not be too subjective to the current situation
full member
Activity: 205
Merit: 100
Let's not be panic guys.This crisis won't last long. Then everything will be fine like before. And my opinion this crisis will make crypto industry makes more popular since everything is dcentralized.So don't be panic everything will back in fine soon it's just matter of time & hopefully we could see next bull run later this year.
Yeah completely agree  though the crypto industry is gonna remain crippled for a few more weeks to months but as soon as things begin to clear it going to start bouncing back . We just need to be patient . Panic was never a good thing and will never be . And besides with the bitcoin  halving approachings things might change sooner rather than later .
hero member
Activity: 2716
Merit: 552
Companies are already finding ways for their employees to work online particularly those that only do paper works.

For people who were denied by banks to have an account, crypto is their option while they work online. I'm certain crypto will be resilient to this kind of crisis.
The corova crisis is just temporary as well, it will go away eventually probably in the next few months so just hold your horses.

Cryptocurrency usage cannot be affected with the health crisis. Though there were only a slight effect on the prices, but Bitcoin and other alts as an option to pay for something in this economic and health crisis can be used with ease. Banks in some parts of the globe maybe stopped operating, then cryptocurrency will take a huge role to fill the missing piece in trading some goods.
The virus will probably be totally contained in a one or two month span if the Chinese would help everyone to get vaccinated.
member
Activity: 280
Merit: 43
Let's not be panic guys.This crisis won't last long. Then everything will be fine like before. And my opinion this crisis will make crypto industry makes more popular since everything is dcentralized.So don't be panic everything will back in fine soon it's just matter of time & hopefully we could see next bull run later this year.
hero member
Activity: 1624
Merit: 500
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!
maybe the impact on the outside industry is the same as the crypto industry. however, if this virus will not be stopped, then all activities will be difficult to do or even a decrease in things we do not expect. people no longer think about technology, but think about how to survive in this condition. Well, the proof is that many prices of staples start to rise, and various types of investments lose their prices, if this keeps happening, I think it's not just the crypto space that is at a disadvantage.
hero member
Activity: 3010
Merit: 629
It cant kill the crypto space and it might be the last to become affected. Like now the situation is getting worse, more people around the globe are become infected and even the prominent people were not spare from this virus.

But unlike other market like stock and forex market, crypto is still standing and even manage to bounce back a bit after the consistent price decline recently.

Think positive because this covid-19 pandemic will be resolved in time.
sr. member
Activity: 644
Merit: 257
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What you mean by killed? Maybe the right term is affected, its too harsh to use words like that especially it isnt appropriate on the subject. How come crypto can be killed by a virus? This has been built for years and will not crumble due to a pandemic that just started last year. Yeah it is dnagerous but crypto is vulnerable to inflation which can be recognized as it recover from a tragic 1day madness losses.

But stocks still on that level right? Why crypto stand still, its because due to its, fundamental usage, many believe its a safe haven but Im not sure about that but clearly bitcoin is a good option to use in time like this.
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