Topic: Coronavirus is ravaging a large portion of cryptocurrencies. Is this permanent? - page 3. (Read 650 times)

I am yet to see a pandemic that becomes permanent. A time will come that the solution will be preferred. Just as we are speaking by now, some people have started working on possible solution to it and very soon, there will be one.
Sometimes, what we think or feel might be short, might tarry and vice versa.
If help can be provided on time, there will be lesser effect on the market, but without that, it will continue to be felt.

Of course, it is not permanent. Why would anyone think it is? This pandemic will be addressed soon. That's why advanced countries are in the competition who will bring the vaccine first. And because we have sophisticated technology, I think they can come up with the solution faster. So once they addressed this virus concern, I think we will be heading in the positive direction again.

Probably this will not be permanent because it will be totally a nightmare for all of us if that will happen and surely we all do want that to happen because we will all surely suffer because of that. Hopefully this days we must wish that a cure will be discovered nowadays so that the pandemic virus that is infecting the whole wide world will not cured and resolved bringing back everything to normal including the state of the cryptocurrencies in the market. It is indeed that the Novel Coronavirus 2019 have an effect or impact to the whole cryptocurrency community and it was literally bad to see that a certain virus can also affect the behavior of the cryptocurrency. This means that we are already up into a serious manner so what we can do for now is to keep ourselves safe and hope for the best thing to come for both the cryptocurrency community as well as for the discovery of the cure to resolve the problem regarding this pandemic virus so that we can all live normally and everything can be back to normal once again which will be neglecting the effect of the virus to the cryptocurrencies bringing them rise up the prices once again.

No it's not permanent but this situation will be here for a while and maybe some of the altcoins will never recover after this as this wasn't planned and took some teams unprepared to have extra cash to keep the project alive.

If you go below top 200, you will understand what I'm talking about. ( projects with 500%+ increase with just only 200$ volume ). Stay safe, keep cash and wait for this chaos to be over.

Lowest time 3 months is also highest time. Coronavirus isn't out of control from ourselves and any virus effect is temporary in history. Upcoming news and reveal news is more good than coronavirus, SA Fiat to cryptocurrency gateway by Binance, Bitcoin halving and Ethereum POS.

If we are going to speculate it deeply, corona may last up until June. It is because there's no final vaccine or cure that has been made to stop it and it is even spreading much faster as the number of confirmed cases grows even more. It affects everything and too bad we cannot do anything about it yet but to just stay indoors to avoid getting the said virus. Maybe we can consider it as a good time to start investing but what should give us fear is the duration of this low value market we are experiencing cause all will be nonsense if it will occur up until the end of the year.

The fact that it is not only Corona Virus which is negatively affecting the market prices, is enough to tell that the situation will not be permanent. In the case of the virus, there are already people who are being able to recover, which clearly shows that there is hope for the virus itself, as well as to the market behavior, if it is the main factor behind the huge dip recently.
It can also be due to the natural market volatility. I agree, this is not the first time that the market prices fell down in a sudden. There are multiple times that we have seen such thing and behind every market downfall, the market prices are able to recover, although, not all the time, recovery would be higher than the prices before the occurence of downfall, but there is a 'period' for that wherein the prices are soaring high.
If the growth you have mentioned is due to the Bitcoin halving, we still have no certainty with that, but I do hope that it would really be the factor that would again boost the economy of cryptoindustry. At times like these, there are really people who are selling their cryptos for the sake of emergency purposes, and priorities in real life scenario due to panic in the situation. But I highly contradict that the moment when people start to not sold their cryptos would trigger a recovery, because demand will determine the price. Not because no one sells, demand will already increase as well as its price.

Soon or later this corona virus pandemic will be vanish. I think it will last for 30 days from now. It crash every market not just cryptospace but real life market like stock market, gold market, etc. But look the good side the price is lower and anyone can start to invest on cryptospace

Permanent ? you mean corona? if you are referring to coronavirus, the WHO has revealed that the virus which is previously described as being epidemic is now pandemic. However, by the end of the Month ( i.e. March) the first phase of the result of drug trial will be out. Hopefully, we get the cure soon. If so, crypto might experience an increase in demand which make the price to rise

Actually No one knows this and this is the first time cryoto market is facing crisis like this since its creation so wait if you want to know the answer.But bitcoin was created to survive on conditions like these but people still yet to realize that.

It will take time before the WHO will be able to find good solution with this virus and while the market is continuously falling most of the traders and investors are trying to find their good place to take some advantages. People who are good in sorting things out are those who are capable to anticipate of how long they will take this bearish season.

It depends on the situation, now more than ever. investors and the community must watch out what is going to happen to the market and to this Pandemic, because people are attaching and their action in the market is due to Corona Virus, if it improve the market will also improve, it seems the world has a dooms day scenario, so they are hoarding a lot of their basic needs.

Nothing is permanent in crypto sphere, obviously, we have seen the very bad effects on the market itself, but it doesn't mean that it is doomed, no worries, we will recover just like in the last ten years.

It could take more months or even years to really get away from the covid-19 scare, but remember, bitcoin halving is coming next month, so regardless, we still have one good news that can totally turn everything around and see some bullish trend.

We expect this problem to quickly finish so that all will return to normal and I believe this problem will not be long and not permanent, and we can see at the moment all countries are looking for a solution to overcome Corona virus because many activities are Should be delayed with the presence of this virus then the problem is very not we want and we expect to be resolved quickly.

Investors who have a lot of capitals and dare to take risks will make this moment an opportunity. Especially since the coronavirus is widespread, the crypto market has begun to see the impact of the coronavirus. Opportunities can only be seen by investors who have a lot of capital, and able to hold their assets for a long time. They strongly believe, the corona outbreak is only temporary and not permanent.

It could be more than a year but who knows what could be the effect of it later on. Some inevstors are likely will be investing on crypto on the long run since the prices of bitcoin and more altcoin are now on bargain.

Im not being optimistic here but I cant see a crisis as an opportunity. Yes for some capitalist and investors it is since the stocks and crypto are down but look on the big picture how this affect the whole society. I cant say its lucky.

You are mistaken about this corona virus, because until now all countries have prevented the corona virus from everyone, from quarantining the residents to spraying public places in their respective countries, and I have also seen very few Muslims contracted corona, meaning that we can prevent corona by purifying ourselves and cleaning up our environment, because the corona virus will not move away if we don't take care of it from the start.

Everything depends on the every day situation if those affected are recovering and there is a new vaccine, then the market will likely recover, but this new virus will now become a part of our every day living watched a lot of documentaries about it and it will not likely go away forever like all the other virus it will become  seasonal, our main goal in life is to keep our immune system healthy.

Of course, over time, the cryptocurrency market will recover and will continue to grow in the second half of this year. Coronavirus itself does not affect the price of cryptocurrency. People react to its distribution by starting to spend money on the purchase of essential goods and be able to remain isolated for some time. To do this, they exchange cryptocurrency for cash and the price of the cryptocurrency drops. As soon as cryptocurrency is no longer sold, the market will begin to recover.

Though early stage when corona virus affected in china. When altcoins market movement was too visible. Mostly say that it’s a impacts of corona virus. But last few days market is heavily down -30% to -60%. Never, why it will permanent no reason. Market will recover after these bad situation. Many countries going already lockdown for this horrible virus corona.