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Topic: Coronavirus ain't helping - page 2. (Read 2678 times)

hero member
Activity: 1694
Merit: 541
April 23, 2020, 03:00:11 PM
It seems to me too early to draw any definite conclusions. The fact that cryptocurrency is not growing now does not mean anything.
The crisis provoked by the coronovirus can be critical, which will lead to large-scale changes on the planet. This may well increase the use of cryptocurrencies.
I am seeing many comments regarding the increase of use of cryptocurrency just because we are undergoing a large scale virus attack but what i do not understand is that which crypto will be able to accommodate all the users.
The solution every country using a dozen crypto as we have thousands of coins in the market Tongue Cheesy.
 
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
April 23, 2020, 02:23:36 PM
Although now the market is deteriorating but this is not entirely the case due to the current corona virus outbreak, because basically bitcoin and other altcoins are investment assets that are not affected by government policies and global policies such as when the corona virus is spreading now, because, the main thing that greatly affects the price of bitcoin, and also altcoin is the volume of demand and supply occurring in the market. So we don't need to blame the condition of the world that is currently being hit by a corona outbreak, because, of the presence or absence of corona certainly does not really affect cryptocurrency in my opinion.
full member
Activity: 1210
Merit: 100
April 23, 2020, 01:35:57 PM
yes, before the corona outbreak appeared. we all have great hopes about the crypto market especially news about half of bitcoin that will decrease. but after the emergence of the corona virus is very bad for the crypto market and real life. I don't think the hopes we want will come true in 2020.
K4C
full member
Activity: 448
Merit: 103
$CYBERCASH METAVERSE
April 23, 2020, 01:29:48 PM
Coronavirus is loss of all crypto market place. Crypto.com provides app-based trading services as well as crypto payment solutions through a Visa-powered bank card. When it was known as Monaco, the company raised a total of $26.7 million in an initial coin offering (ICO) in 2017. It changed its name to Crypto.com after the purchasing of the domain name for a reported $10 million in 2018. This country China was first reported to the WHO Country Office in China on 31 December 2019 so corona virus if effect of crypto market.
sr. member
Activity: 1568
Merit: 283
April 23, 2020, 12:07:11 PM
We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all
This situation has thought us a lot. Right now I believe that a lot of us have realized that we can’t predict the future cryptocurrency, because we don’t know the future of the cryptocurrency market and neither do we know the future of any other market in the world, because anything happen at anytime and change everything.

From now on, anyone that wants to invest their money will always give it a second thought and know what’s right for them before investing, because they have realized that things don’t happy the way think it should happen. My happiness is that no matter what happens, after sometime the price of Bitcoin is going to increase again.
hero member
Activity: 2940
Merit: 613
Winding down.
April 22, 2020, 02:00:34 AM
The effect of covid19 pandemic is going to last long and you can notice that from how the oil and stocks market is behaving. We should not expect much to happen in cryptocurrencies market as people began to understand that cryptocurrencies is made or discovered for the time like this. The cash system is going to fail.
So you are expecting that bitcoin will rise because people will loss their faith on fiat?

Well, I'm aware of how the government are printing and spending money on this situation, but I guess bitcoin is not that big in terms of adoption that would make people put their money on crypto, so let's just see what would really happen, actually I'll be happy if bitcoin will remain stable until the economy will start to recover.
member
Activity: 490
Merit: 17
April 22, 2020, 01:49:23 AM
The effect of covid19 pandemic is going to last long and you can notice that from how the oil and stocks market is behaving. We should not expect much to happen in cryptocurrencies market as people began to understand that cryptocurrencies is made or discovered for the time like this. The cash system is going to fail.
member
Activity: 840
Merit: 10
April 22, 2020, 01:35:07 AM
indeed should this year moments right for bitcoin rose but due to an outbreak of viral coronavirus is becoming a bad impact on all countries and including the holders of cryptocurrency world everyone panicked economic crisis many people have died this incident almost around the world consequently very worrying for mankind.
I think it will happen but it we will the same date we all expected. We should be positive in upcoming btc halving and I'm still hoping that we have positive result which will not affected by the global market situation. People will surely will get used to it and find a way to learn new things that will help them during this pandemic. Our dreams will always be there, it's just not the right time to give it to us. It might be delay but surely will happen.

Many sense of optimism related to Bitcoin Halving and I think this is good for arousing investor confidence to reinvest. With the corona outbreak, many investors prefer to wait and see due to uncertain global conditions, but if there is a sense of optimism at the moment of Bitcoin Halving, I think this is good for the future development of the crypto market.
full member
Activity: 1339
Merit: 157
April 22, 2020, 12:23:34 AM
indeed should this year moments right for bitcoin rose but due to an outbreak of viral coronavirus is becoming a bad impact on all countries and including the holders of cryptocurrency world everyone panicked economic crisis many people have died this incident almost around the world consequently very worrying for mankind.
I think it will happen but it we will the same date we all expected. We should be positive in upcoming btc halving and I'm still hoping that we have positive result which will not affected by the global market situation. People will surely will get used to it and find a way to learn new things that will help them during this pandemic. Our dreams will always be there, it's just not the right time to give it to us. It might be delay but surely will happen.
sr. member
Activity: 1344
Merit: 250
April 21, 2020, 11:11:45 PM
indeed should this year moments right for bitcoin rose but due to an outbreak of viral coronavirus is becoming a bad impact on all countries and including the holders of cryptocurrency world everyone panicked economic crisis many people have died this incident almost around the world consequently very worrying for mankind.
sr. member
Activity: 499
Merit: 250
Chainjoes.com
April 21, 2020, 09:04:20 PM
It seems to me too early to draw any definite conclusions. The fact that cryptocurrency is not growing now does not mean anything.
The crisis provoked by the coronovirus can be critical, which will lead to large-scale changes on the planet. This may well increase the use of cryptocurrencies.
Coronavirus only makes things worse and I really do not want to see this disease last longer because it greatly affects my finances. Now I only have a small amount of savings to sustain my life and hope that covid-19 may end soon in the next few months. However, if a vaccine is not available, it is not certain and you need to be more careful when going out.
member
Activity: 322
Merit: 10
homt.net
April 21, 2020, 04:45:34 PM
We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all
Cryptocurrency already become a big online trade in the world.  So,  corona virus is not bring bad influence.  Many inactive trader awake again because of it.  They starting to earn money from bitcoin again.  Because their activities just can do at home.  Bitcoin help people in this condition.
jr. member
Activity: 60
Merit: 1
April 21, 2020, 04:22:53 PM
No one knew that this would happen. Even though some ignored it but still, it has done many bad to humanity and lively hood. We can only pray for it to go on time so that things will get back to normal everywhere.
sr. member
Activity: 1313
Merit: 278
April 21, 2020, 03:48:56 PM
It seems to me too early to draw any definite conclusions. The fact that cryptocurrency is not growing now does not mean anything.
The crisis provoked by the coronovirus can be critical, which will lead to large-scale changes on the planet. This may well increase the use of cryptocurrencies.
jr. member
Activity: 714
Merit: 3
April 21, 2020, 03:25:15 PM
There is a real chance that people will start paying close attention to cryptocurrencies.Although it is likely that most will prefer to store their funds in a Fiat currency.But this is not accurate.So far, I do not see a special impact of coronavirus on the increase in capitalization.
Yes, specifically the coronavirus impact on cryptocurrency is invisible, only in this case everyone is alarmed by the covidand pandemic19, which has inadvertently affected the cryptocurrency market.

so its still affect crypto and the effect is verry visible  . we noticed it when prices fall sharply   .

 when it comes to help well id say corona helped crypto in two phases   ( negative and positive   )   .  even if corona has a positive impact  , corona should still not thank people because it still gives a mess on the entire world  .  we can do positive impact on cryptos in a less evasive way if we wanted too but till its not also our fault that this virus came i guess because i think its not man made  .

he market would have grown much more than where is it now, if not for the Coronavirus and caused almost the entire world to be a chaos. It shook the world and it shook the crypto space. The impact was getting and such will never be forgotten. Although, some people are acting as if they have forgotten what it did to the crypto space in February/March. They have gone over what it caused, because the market is now growing and ut is seriously fluctuating, as , investors are not too sure of where it will be heading to.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
April 21, 2020, 03:13:54 PM
I think Corona has nothing to do with cryptocurrency so why do you expect anything in the current situation. this has only had an impact on the world economy which has been getting worse until now because everyone is afraid to leave the house
In some point there's relevance since investors or possible investors are not placing their money as they are afraid with the impact of Corona to all economy, with numbers of affected people and numbers of world businesses that being closed, traders and investors mindset are mostly thinking that they've needed to save their money in order to survived instead of investing to anything in the middle of this crisis.
hero member
Activity: 2534
Merit: 586
April 21, 2020, 03:00:28 PM
I do not believe that anymore, every single bitcoiner has connections to internet and they can literally talk with each other and simply learn as much as they can about what people do.

If you are still get scared during crisis and end up selling everything, that is your own fault, I do not believe it is normal, you should have learned by now a million times that if you end up selling your stuff while going down, and buy while going up, that is only a great way to lose money and not make money and you will not be profiting anytime soon. Aside from that there are tons of stuff you can read or watch to be a better trader as well, if you are trying hard with all those knowledge and still fail that happens, it is the market, but if you are acting like a noob and panic, that is your own fault.
full member
Activity: 1358
Merit: 100
April 21, 2020, 07:35:44 AM
yep, corona virus is damaging the market and also the economies. I'm expecting a good year for cryptocurrencies because of the halving, this can bring improvement of the market.
full member
Activity: 1148
Merit: 101
April 21, 2020, 06:09:49 AM
The corona virus disaster has made the market situation lame for several altcoins, however it is not all the time that it ain't helping, because i think whenever the market comes to a falldown, it is actually an opportunity to buy more coins for future investments since the prices of several altcoins becomes low.
Yes, and only smart people are able to take that opportunity, because when the virus Corona pandemic occurs, the average person becomes panicked and scared, and that makes them release all assets into the crypto market.
sr. member
Activity: 994
Merit: 261
April 21, 2020, 05:56:14 AM
The number of deaths caused by this virus is still small compared to other diseases that always lurk human life every second. The media is spreading fear for everyone the possibility of disrupting their economy. Everyone does not need to panic and strong cryptocurrency to face this
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