More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
When you talk about the current situations you can clearly see that it is not good as it was before, I mean the market had crashed down in an instant following the outbreak of corona virus which affect most of the entire business market worldwide. But we can see some hope of lights as it constantly gaining back its momentum, we recently had seen hit it in $7200+ and I think it is a good sign despite amidst the crisis. 
Topic: Crypto is not in healthy state yet - page 4. (Read 705 times)
Is it so easy for miners to abandon their rigs ? I don't think so. Staying indoor is for the good of everyone. I don't see all this to have so much deep effect aside the great fall we saw at the beginning of it. The market has been like this even before the lockdown orders. We just need this to be over before Bitcoin halving.
I doubt the market will return to normal after the pandemic virus, the world is in a challenging mood. Crypto projects collapse one by one and only strong projects survive. The traders will have other things to do after the pandemic, maybe in the last quarter the downtrend will be over. 
Is it so easy for miners to abandon their rigs ? I don't think so. Staying indoor is for the good of everyone. I don't see all this to have so much deep effect aside the great fall we saw at the beginning of it. The market has been like this even before the lockdown orders. We just need this to be over before Bitcoin halving.
When people don't have jobs, investment in the cryptocurrency market will be cut so the market will be stagnant. To be able to pay bills even people will probably sell investments on the cryptocurrency market.
Hopefully the epidemic will end soon and things will grow back.
This epidemic has affected not just out offline works but even our online transactions. But i don't think crypto market has affected this much because the market is still in a good condition. We are still expecting bitcoin halving few weeks from now and hopefully this will be a great start for bitcoin and the rest of potential altcoins to pump again.Hopefully the epidemic will end soon and things will grow back.
More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
Basing my argument on your title, I would say the whole world is not in a healthy state although some countries are trying hard to contain the pandemic others are hardly succeeding. As we all know the devastating effects is that businesses etc aren't moving accordingly, borders are closed and so forth, thus showing that the world in general is not in a healthy state; and since crypto is of the world as well as being under the care of us humans then it is likely not be in a healthy state. But however, comparing crypto to other markets, it tends to be on the better side.
the emergence of the corona virus does not bring positive points into the cryptoqurrency market, as we have seen that the emergence of the corona virus has a negative impact on the market. now many projects are delayed, do not pay participants, there are a number of successful projects, but tokens cannot be distributed to participants, etc. Corona is still a big problem right now.
That's some of the problem we are facing now but you guys have to understand that we are in a bad situation now especially if the devs are living in a country where they are heavily affected with the virus, and getting your tokens early will still be useless if it will not be traded yet or it will be but you'll not get a good value of the tokens you hold. 
the emergence of the corona virus does not bring positive points into the cryptoqurrency market, as we have seen that the emergence of the corona virus has a negative impact on the market. now many projects are delayed, do not pay participants, there are a number of successful projects, but tokens cannot be distributed to participants, etc. Corona is still a big problem right now.
When people don't have jobs, investment in the cryptocurrency market will be cut so the market will be stagnant. To be able to pay bills even people will probably sell investments on the cryptocurrency market.
Yes, that must be the proper reason why we are having bearish markets right now. We cannot expect people keep on investing into cryptos when they are finding their usual life itself too hard without proper income streams; I do read lots of companies are laying off their employees which must be another consequences when world economics get slowed down. So, it is obvious cryptos are not in healthy state right now.At the same time we can expect institutional funds to start flowing into cryptos in coming days as those people might be looking for alternate investments when no other markets are not doing good these days.
When people don't have jobs, investment in the cryptocurrency market will be cut so the market will be stagnant. To be able to pay bills even people will probably sell investments on the cryptocurrency market.
Hopefully the epidemic will end soon and things will grow back.
Yes, at this state people will find money to support their needs as this virus continue to hurt everyone. Many people have no money to use at this time of crisis. Meanwhile, in crypto world, the market is in the state of recovering as you can see in the price of coins in the market. Bitcoin goes back to the previous price and continue to strike back again. We can see that it's not affected as previously by this pandemic. It already overcomes the resistance of the effects of the crisis even though the global economy is struggling. Hopefully the epidemic will end soon and things will grow back.
More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
Totally not good. But I appreciate if you can cite the source that explaining how China stop manufacturing of mining equipment. Mining is a vital part of any project especially btc, eth and other big coins that uses mining. However, we cant deny that this crisis have a bad effect on the market, well maybe some miners stop their operation but I still believe some will continue as they know that this crisis will somehow passes by for quite sometime in the future. Do we need to start panicking when this happen? Also if the miners gone, Im not sure that btc will just died out. Of course Satoshi expected that supply will run out but Im sure it will not stop there. Maybe effect will be noticed but hell cryptocurrency project will died out after supply has been depleted.
When people don't have jobs, investment in the cryptocurrency market will be cut so the market will be stagnant. To be able to pay bills even people will probably sell investments on the cryptocurrency market.
Hopefully the epidemic will end soon and things will grow back.
This epidemic has affected not just out offline works but even our online transactions. But i don't think crypto market has affected this much because the market is still in a good condition. We are still expecting bitcoin halving few weeks from now and hopefully this will be a great start for bitcoin and the rest of potential altcoins to pump again. Hopefully the epidemic will end soon and things will grow back.
I still believe that crypto world will slowly enter into healthy state very soon as corona outbreak may come to an end at any time soon. I mean there should be some vaccination to be invented against corona or not but regardless of that people may win the war against corona by simply staying within home.
When new people are suffering in low rate and suffered people are recovering then institutional investors start their business which will lead bitcoin prices and altcoin prices like before so the crypto world again get into healthy state.
When new people are suffering in low rate and suffered people are recovering then institutional investors start their business which will lead bitcoin prices and altcoin prices like before so the crypto world again get into healthy state.
It has been a rollercoaster since last year's high, the whole market has been in a depressing state, highly volatile with no certainties.
When people don't have jobs, investment in the cryptocurrency market will be cut so the market will be stagnant. To be able to pay bills even people will probably sell investments on the cryptocurrency market.
Hopefully the epidemic will end soon and things will grow back.
Hopefully the epidemic will end soon and things will grow back.
Currently all industries are in trouble. Because the Corona virus has been attacked worldwide. The global economy has suffered a huge loss. For the panic of the Corona virus in the crypto market, there was a huge collapse. Crypto is not outside the world, when the global economy is on the verge of collapse, it is natural that there will be major changes in the crypto market as well. So we have to wait for the departure of the Corona virus.
eventhough this is a rough moment in the world due to the pandemic disease, I still believe this is the right moment people can really learn and make use of the crypto from the comfort of their home and today i read somewhere on the forum that udemy is witnessing a huge new users taking course in crypto. About the mining shutting down, I have not heard news about that and I do not think locking down a country stops mining rig from working
According to Mine, everything goes as it should. Miners continue to mine, traders continue to trade, and projects are developing remotely.
The only problem is that in the near future people will not have money to invest, but this does not apply to institutional investors. It is likely they will stretch the market.
How we can expect everyone to be simply continuing their work regardless of how economic of their country will be doing. I mean to continue the mining process you must have support from their country like there should not be any interruption in electricity supply. There will be plenty of chances for the country to cut down power supply for some hours when that is an economic collapse in that country. Similar situation is applicable for traders and project developers.The only problem is that in the near future people will not have money to invest, but this does not apply to institutional investors. It is likely they will stretch the market.
People who are depending on other resources other than cryptos, must get impacted because of economic slowdown due to this corona outbreak. This may result in crypto space as well and this is the simple reason why we need to assume that crypto is not yet in healthy state.
Crypto is safe i think and if we take it as an alternative financial and investment market then surely crypto market will start booming soon, when the traditional economy and businesses suffer people will look for alternative market so cryptois highly likely to boom post covid-19. Even now the crypto market is largely down because people are keeping liquid cash in hand due to pandemic fear but as doon as it is resolved money will pump into crypto that will pump the prices.
More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
We cannot stop the market from falling and we have to admit that many industries are affected, yes its not healthy right now but as a small investor, I still see a dump market as a good opportunity to buy. Crypto will survive, this can still be a safe place for us so don’t lose hope and stay a positive mind towards cryptocurrency.Entire world is facing the heat due to this pandemic and it will take lot of time for all the industries and economy to be back on track. Not only crypto even other markets have fallen badly and will be taking times to recover due to this virus. It is only time which one pass things will start to get normal and a good time for the investors to invest during this market as priced are low.
More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
This is because the whole world is in a financial crisis, so it is normal that cryptocurrency is financially affected, that is why cryptocurrency is not safe to this pandemic of the corona virus and how people is starting to panic. A lot of people probably started to sell their bitcoin and other cryptocurrencies from the last dump because they need to buy the things that they needed during lockdowns. Good thing that bitcoin is slowly recovering it's price up to $6,000. Jump to: