The corona virus has paralyzed the global economic cycle, this happened so fast, so the impact is very extraordinary. The world market is paralyzed by the coronavirus, as well as the cryptocurrency market, signs are beginning to emerge from the effects caused by the coronavirus.
The effects caused by the coronavirus are temporary, but I can't be sure when the corona outbreak will end, certainly this is not permanent.
Topic: Coronavirus is ravaging a large portion of cryptocurrencies. Is this permanent? - page 5. (Read 664 times)
March 14, 2020, 06:25:23 AM
March 14, 2020, 05:16:48 AM
As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?
I think the effects of coronavirus will still continue in the next few months but I think the market will adjust it later. Currently, almost all countries panic and some countries do lock down but many countries are starting to make anti-virus so that this situation in my opinion is only temporary
March 14, 2020, 03:28:44 AM
As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?
Corona won't be here for a long time i guess , ofcourse it is affecting the price of all cryptocurrency's , and maybe it will take some time but as you assume the 12 or 18 months, i think (and hope) that this bad coronavirus won't last that long and after seeing the price of bitcoin going down from 8800 to 4800 $ , that only bring opportunitys for a lot of crypto believers which brings price back up , so to answer your question , i dont think that it will be permanent 
March 14, 2020, 03:27:24 AM
Very soon people will adapt to the condition, some are dumping and some are buying, when there is no one left to dump anymore things will be back to normal, I believe the whales are taking advantage of the panics from the virus outbreak
Yes, and at this time almost everyone is taking and making a good opportunity in conditions of a virus outbreak, ranging from real drug trafficking to traders in crypto, so don't panic too much in the face of the current virus outbreak. March 14, 2020, 03:11:07 AM
As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?
Talk about certainty, it is something we couldn't provide. There are some claims that such huge market drops was highly influenced by Corona virus, and there were some claims that the virus has nothing to do with it (remember myself few months ago). But anyway, by now I as well believe that such disease was the major factor among the parts of why is the market moving downwards right now. Is it going to be permanent? No. Crypto is highly volatile, and as soon as virus came to an end the market as well will recover, imo. And don't forget, halving is coming we might be able to see new heights here the thing is we don't know when, it might take a year based from the halving history.
March 14, 2020, 02:43:36 AM
Regarding the period no one can really say how long this will continue as long as the virus keep coming and affectinf many people. So sad, that even NBA season one of the best tv show on television has been force to stop. Means the virus is really serious and a huge event has been stopped.
Don't panic, it's only a matter of time the virus will vanish into thin air, I believe it was unleashed willingly by unknown groups that's why i don't trust China this time around, they intentionally crash the stock market every country will definitely try to find a vaccine from the corona virus, so as not to continue to disrupt the economy.
They already on it. What we need to do is cooperate and do what precautionionary method we must to stay unaffected by this virus. Economy faced many great tragic and still recover in due time. We just need to have faith that this will be over soon. March 14, 2020, 01:20:41 AM
As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?
many people still dont believe that corona is the cause of the major dip and im one of them but i believe corona made a small impact on the price and the rest major impact was done by whales and hackers . its only a co incidence and maybe some whales use this time to sell so that they cant get the blame . your asking if this is permanent ? no it isnt .
there is no such thing as permanent epidimic virus or permanent dump on the crypto market but i think itl continue for some days . the best advice to do for now is to not panic on the virus but panic buying is okay to do because everyone else is buying now .
March 14, 2020, 01:19:29 AM
As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?
First I don't think the dump is largely only due to Corona virus- I think it is only partially affected since the other aspect of the economy is equally affected too,
And no, I don't believe it will be permanent, because it will literally mean everything about crypto will go down to zero which won't be the case, only this year alone, there has been tremendous news about crypto and some countries recognizing it,
And as for how long it will last, no one can say for sure, but knowing crypto and how fast it operates, everything is possible, recovery could even be more faster than we would anticipate.
March 14, 2020, 01:00:28 AM
As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?
Very soon people will adapt to the condition, some are dumping and some are buying, when there is no one left to dump anymore things will be back to normal, I believe the whales are taking advantage of the panics from the virus outbreak March 13, 2020, 11:10:30 PM
What are you saying? if you believe that coronavirus is the cause of all this events, then why you are asking if it's permanent? is virus crisis permanent? let me ask you that. As a long-term holder, always think of a dip as a positive news because that's the only time that you could buy more at a low price. Wait for the pandemic to stop and you'll be rewarded by not panic selling.
March 13, 2020, 10:52:35 PM
Regarding the period no one can really say how long this will continue as long as the virus keep coming and affectinf many people. So sad, that even NBA season one of the best tv show on television has been force to stop. Means the virus is really serious and a huge event has been stopped.
every country will definitely try to find a vaccine from the corona virus, so as not to continue to disrupt the economy.
They already on it. What we need to do is cooperate and do what precautionionary method we must to stay unaffected by this virus. Economy faced many great tragic and still recover in due time. We just need to have faith that this will be over soon. 
March 13, 2020, 10:52:16 PM
There's no permanent situation on market, it will change when something happen with global economy issue. This is only temporary and you can see every country try to handle it, so we only need patient and see the result. The problem is only halving because this is the real event, will change market direction and maybe will not giving impact into currency.
March 13, 2020, 10:46:48 PM
As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?
Everything is affected no one or is safe, but I don't think it will last that long two things can happen market will get used to it, a technology is a technology and it's moving technology and it will move forward regardless of any scenario, another thing is there will be a cure and we all get back to normal, either way the Crypto industry is here to stay, we must believe on that.
March 13, 2020, 10:38:31 PM
As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?
SARS, ebola virus, ASF are also become a news and trend during those time and some affected related market. Of course this isnt permanent at all, but it takes time to recover the loss of market due to the incident of panic selling that occured. Even it took years, if youre a crypto enthusiasts just relax and hold your coin and it will be beneficial for you on later times.
March 13, 2020, 04:50:05 PM
Please stay positive and do not panic amd keep in mind that bears will not stay here forever just like bulls never stay forever, im confident that this crash will prove to be the final wipe before the real halving bulls start, so be patient just like there is day after every night so bulls will be back soon too.
March 13, 2020, 04:47:38 PM
The virus won't last forever. Will have to let it play out, then it will go away like Sars, Mers, Ebola and the like.
March 13, 2020, 04:44:52 PM
As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?
I think the effect of Cryptocurrency price decline caused by this corona virus will only be a temporary, because Cryptocurrency prices are usually very vulnerable to events, both negative and positive events that cause market often experience bearish and bull run, so also if the corona virus successfully overcome , of course, the world economy will return in normal, so that the price of cryptocurrency will increase again.Hopefully this antivirus will soon be discovered so that the fear we feel now about the corona virus can be overcome soon
March 13, 2020, 04:34:00 PM
Personally, what i have read and heard uptill now, this virus and its effects will soon start to go away, my personal estimation is that in may it will be controlled globally, so maximum bad market situation can prevail in march and april only so its great for halving and perhaps this is the right time to accumulate more coins.
March 13, 2020, 04:08:39 PM
do you believe that this is permanent,
How it can be permanent? Bearish forever because coronavirus will be lasting? Personally, I think coronavirus isn't something impossible to overcome. I believe that anti-virus (virus antidote) will be spreading out around the world sooner. Then, the infected people will recover and the situation returns to normal. March 13, 2020, 04:08:33 PM
There is nothing as permanent situation. Everything comes and go . The flash dip is just panic sell because of the effect of Corona virus on stocks, world market and then crypto had it's own share.
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