Topic: Coronavirus crypto - page 4. (Read 1326 times)
Coronavirus has nothing to do with crypto, unless it kills people that owns or trade crypto, but for the price and, buying and selling with crypto they is no barrier, because you can travel all over the world with your wallet and can login to blockchain at any time, its unlike Gold that you cannot move all the Gold with you as you travel to a safer place.
In my personal opinion anything can happen because this corona has damaged the entire globe especially the European countries are really worried, at this point of time you cannot expect anything good or bad at this situation..
Corona is already a high alert and governments are requesting people's not to come out of home I think the next two weeks will be the decider for the market.
Corona is already a high alert and governments are requesting people's not to come out of home I think the next two weeks will be the decider for the market.
Hey, I was wondering, how will the crypto market react to the virus?
In this regard, I found the article about it, https://cryptogeek.info/en/blog/coronavirus-reveals-cryptocurrencies-are-crisis-resistant, it says, that crypto is well resisted to the crisis, what do you think? Is that true?
In this regard, I found the article about it, https://cryptogeek.info/en/blog/coronavirus-reveals-cryptocurrencies-are-crisis-resistant, it says, that crypto is well resisted to the crisis, what do you think? Is that true?
Cryptocurrencies really take a big hit on March 8-9, but we have somewhat weathered the storm as compare to global markets. We have a good bounce around $6600-$6700 days after the bloodshed, but currently, $6000-$6100, so pretty much we stabilised around that price.
This is the first time we have seen a pandemic, so we would understand how the market will react, but then again, of all the markets around the globe, it seems that cryptocurrency remain very resilient to such crisis. We have be affected short term, but with the halving coming, we might see crypto recovering in the next months or so.
The virus really hits the market of cryptocurrency because there are a lot of people having panic selling because they saw the market price of the coin rapidly falling and by that from the market price of 9k dollars it fall for over 5k dollars immediately. We don't know very much if it is the virus or because of the halving because from the previous analysis and graph the market price of the bitcoin fall from last year into 3k dollars and also there is a chance it is because of the halving coming too. Still, the market price of the coins are stable and recovering from the event happens to the world market.
Hey, I was wondering, how will the crypto market react to the virus?
In this regard, I found the article about it, https://cryptogeek.info/en/blog/coronavirus-reveals-cryptocurrencies-are-crisis-resistant, it says, that crypto is well resisted to the crisis, what do you think? Is that true?
In this regard, I found the article about it, https://cryptogeek.info/en/blog/coronavirus-reveals-cryptocurrencies-are-crisis-resistant, it says, that crypto is well resisted to the crisis, what do you think? Is that true?
Cryptocurrencies really take a big hit on March 8-9, but we have somewhat weathered the storm as compare to global markets. We have a good bounce around $6600-$6700 days after the bloodshed, but currently, $6000-$6100, so pretty much we stabilised around that price.
This is the first time we have seen a pandemic, so we would understand how the market will react, but then again, of all the markets around the globe, it seems that cryptocurrency remain very resilient to such crisis. We have be affected short term, but with the halving coming, we might see crypto recovering in the next months or so.
The virus affected crude oil, stock and cryptocurrency markets. We all know that. The owner of binance and some analyst said the fall In the price of cryptocurrencies is not due to the virus outbreak the way we thought. But for me, the virus contributed.
Some people converted their money to stable cryptocurrencies at such time of the crises. And this led to further trading of cryptocurrencies for fiats and stable cryptocurrencies because of the cause. And this cause cryptocurrencies to down trend in price. That is why.
Some people converted their money to stable cryptocurrencies at such time of the crises. And this led to further trading of cryptocurrencies for fiats and stable cryptocurrencies because of the cause. And this cause cryptocurrencies to down trend in price. That is why.
Agreed. Even the way people debated whether coronavirus is the cause is also a proof that coronavirus itself have an impact in the cryptocurrency space. People can't work, can't go outside, can't make a living for themselves, can't make any risk which affects traders around the globe. People prefer having hard cash in times of crisis like this instead of risking it in a market especially to a volatile market that Bitcoin have.
In conclusion, I don't think cryptocurrency is crisis proof at this time.
Hey, I was wondering, how will the crypto market react to the virus?
In this regard, I found the article about it, https://cryptogeek.info/en/blog/coronavirus-reveals-cryptocurrencies-are-crisis-resistant, it says, that crypto is well resisted to the crisis, what do you think? Is that true?
In this regard, I found the article about it, https://cryptogeek.info/en/blog/coronavirus-reveals-cryptocurrencies-are-crisis-resistant, it says, that crypto is well resisted to the crisis, what do you think? Is that true?
The market panic affected the cryptocurrency prices,but it still hasn't affected the blockchains.
The miners are still mining,even though there might be another price drop.There's still hope that the coronavirus pandemic will probably end in the summer,so I guess the miners are expecting a price recovery after the halving.The question "Is the blockchain strong and flexible enough to handle a huge global crisis?"
has to be a subject of a serious and complex discussion.What if the electricity production worldwide decreases because of the pandemic(more people in that industry get quarantined or diagnosed)?
Theoricly, it should be resistant to this kind of crisis where people seek to make daily paiement without body contact with paper money that maybe infected. But, based on real facts, the crypto market took its way to crash down like all the other fields in the global economy.
People are in extreme fear, most of them convert their crypto to buy foods and health materials. However, the price of bitcoin effects other crypto directly and this how we used to face this kind of crashes.
People are in extreme fear, most of them convert their crypto to buy foods and health materials. However, the price of bitcoin effects other crypto directly and this how we used to face this kind of crashes.
I didn't click on the link, However, what do you mean that crypto is crisis resistant?
Have you seen the price of bitcoin going as low as $3800 during the panic selling about two weeks ago? So how can we leverage crypto or bitcoin itself against this pandemic? Everyone is affected, stocks, commodities even precious metals such as gold. So there is no such thing as resistant to this crisis, everyone is really affected including crypto.
Have you seen the price of bitcoin going as low as $3800 during the panic selling about two weeks ago? So how can we leverage crypto or bitcoin itself against this pandemic? Everyone is affected, stocks, commodities even precious metals such as gold. So there is no such thing as resistant to this crisis, everyone is really affected including crypto.
The virus affected crude oil, stock and cryptocurrency markets. We all know that. The owner of binance and some analyst said the fall In the price of cryptocurrencies is not due to the virus outbreak the way we thought. But for me, the virus contributed.
Some people converted their money to stable cryptocurrencies at such time of the crises. And this led to further trading of cryptocurrencies for fiats and stable cryptocurrencies because of the cause. And this cause cryptocurrencies to down trend in price. That is why.
Some people converted their money to stable cryptocurrencies at such time of the crises. And this led to further trading of cryptocurrencies for fiats and stable cryptocurrencies because of the cause. And this cause cryptocurrencies to down trend in price. That is why.
Hey, I was wondering, how will the crypto market react to the virus?
In this regard, I found the article about it, https://cryptogeek.info/en/blog/coronavirus-reveals-cryptocurrencies-are-crisis-resistant, it says, that crypto is well resisted to the crisis, what do you think? Is that true?
In this regard, I found the article about it, https://cryptogeek.info/en/blog/coronavirus-reveals-cryptocurrencies-are-crisis-resistant, it says, that crypto is well resisted to the crisis, what do you think? Is that true?
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