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Topic: Crypto is not in healthy state yet - page 6. (Read 703 times)

jr. member
Activity: 1708
Merit: 3
April 12, 2020, 04:56:06 PM
#36
Nothing is in healthy state recently due to the Corona virus pandemic nothing is safe out there now.It is not the crypto-market that is affected all bussiness worldwide are been affected some are even closed so we can say crypto is in safe hands compare to other bussiness.Some icos are still ongoing upto even though some are postponed but still crypto is doing well more than other bussinesses.
hero member
Activity: 2170
Merit: 528
April 12, 2020, 04:09:34 PM
#35
I think that cryptocurrencies are looking good and healthy when compared to all the crazy shit that's going on out there in the world.

Stocks were crashing hard until the market sessions got stopped and countries begun to print money.
So many people lost their jobs and many more will lose them in the next 2 months.

This is going to be a disaster but cryptocurrencies aren't even at their bear market lows. It's good. It means people are still buying.
legendary
Activity: 1134
Merit: 1598
April 12, 2020, 02:16:22 PM
#34
We'll likely move on and things will slowly get back to the previous state crypto-wise.

There are way more important things we should take care of at the moment imo. We should be worried about the way life will look post-lockdown, now whether the cancellation/postponing of conferences is good or not for cryptocurrencies.

Because everything is now postponed, why does it make a difference that conferences aren't held anymore either? On the other hand though.. they could've held them online. I have never followed a crypto one, are they really that important for the future of cryptocurrencies? We have roadmaps, blog posts published by devs etc.. we can see the history of a coin's development if we're willing to. The existence of a coin doesn't depend on conferences so I'm not worried about them at all..
member
Activity: 406
Merit: 14
April 12, 2020, 02:02:36 PM
#33
With time crypto popularity will climb up, many will have no choice but to look for means to survive, working online search will rise up using Google search English I bet, crypto is the best option to turn to
jr. member
Activity: 574
Merit: 1
April 12, 2020, 01:49:22 PM
#32
My opinion is about not only  crypto, all of  the  projects are effective by covid -19. So we should not worried about all new & old projects running in the market. Nature is called change of time.
member
Activity: 746
Merit: 10
https://axiomapay.com/
April 12, 2020, 01:15:17 PM
#31
My point of view is different on this matter we all know the main reason of the current situation almost every industry is struggling not only cryptocurrencies we just have to be patience and wait for the right moment hopefully we will have brilliant occasions in near future whenever the circumstances will be in control.

yes maybe that will happen soon, after the corona virus outbreak problem can be resolved. Right now the world is in an emergency situation by Corona. Community and global economic activities are not conducive, but I am sure that after the outbreak is gone, the world will return to normal and the crypto industry will be stable again.
jr. member
Activity: 784
Merit: 6
April 12, 2020, 01:06:30 PM
#30
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?

Did you just come up with this assertion or you saw it somewhere stated that mining has been halted and blablabla?
moreover, you did not point out to any source which would make us believe you.
Those looked down or self quarantined at home at this time will only be left with activities online alongside their families, because they cannot go to the world outside for offline jobs. So it is likely we see most of them coming to venture into crypto, since it is online-based.
member
Activity: 854
Merit: 10
April 12, 2020, 01:00:03 PM
#29
maybe for the big miners who use this modern tool is a big loss. but when compared to the risk that they would get if forced themselves to do mining, then this is the best way. although this is a big loss for the development of the crypto world
hero member
Activity: 2156
Merit: 891
Leading Crypto Sports Betting and Casino Platform
April 12, 2020, 12:24:18 PM
#28
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?
China did control almost everything, there is no problem to manufacture any mining equipment. China already ready to release all products in time as do every year.
We could easily say this since they are the producers, even in vast major fields China is the best producer of anything that's why their economy is booming ever since. It is easy to say that China is hustling to control almost everything, even the virus is suspected to be their weapon for a silent war although it is not proven, just yet, but we can't blame a country for controlling everything they got powers and they want to be on top.

You could say, cryptocurrency conference cancelled but now everything is in roll. Only top coin is in healthy way but still altcoins couldn't do anything surprising.
You should look after bitcoin fork, the BitcoinSV and other alternative like LINK and Tezos you could easily determine that these coins are doing so good that they are the only coins in all green or the last month, 6 months and a year. You should take a look on these coins, perfectly profitable at this time.
member
Activity: 378
Merit: 15
April 12, 2020, 12:20:07 PM
#27
The virus outbreak already done it's damage on the upcoming bitcoin halving but on the other part it's helping crypto to get well recognized more better, people have no choice but to stay safe now and work at home, crypto will always be among the list of working online using Google search
full member
Activity: 496
Merit: 100
April 12, 2020, 12:17:27 PM
#26
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?
China did control almost everything, there is no problem to manufacture any mining equipment. China already ready to release all products in time as do every year. You could say, cryptocurrency conference cancelled but now everything is in roll. Only top coin is in healthy way but still altcoins couldn't do anything surprising.
jr. member
Activity: 370
Merit: 1
April 12, 2020, 11:57:55 AM
#25
The question should be how bad is this for cryptocurrency? The year 2020 started off fine, everyone anticipated Btc halving boom a virus outbreak everything crashed. This is not only bad for cryptocurrency but the world economy as well.
hero member
Activity: 2828
Merit: 518
April 12, 2020, 10:13:17 AM
#24
Yes,  we could say that crypto isn't healthy yet with the current market situation but I have to disagree when saying the people stop accumulating crypto because of the pandemic. To the extent that crypto runs through online,  we can still do trading, mining, and some other crypto investment. If we are also basing the price, I think we are good and healthy enough than what it happens last year.

I may think it was market adoption which is not yet ready and strong but talking about the status of the market, we are still in the average level.
jr. member
Activity: 121
Merit: 1
April 12, 2020, 09:49:23 AM
#23
Confs was a great space for networking and shilling. This may be not so good for devs but actually i dont think that this is really terrible
newbie
Activity: 6
Merit: 0
April 12, 2020, 09:43:27 AM
#22
Yes, many of the crypto conferences and mining productivity has been stopped during this pandemic time. Sad Many altcoins and even bitcoin prices aren't going well, its fluctuating day by day and unstable because of this quarantine. Huh Unsurprisingly, we can't predict the price of coins whether it goes high or low. Undecided So, it's better to stay calm and not to trade or invest in this time rather analyze the market well and be patient to return the bull market run.
member
Activity: 518
Merit: 28
April 12, 2020, 09:28:42 AM
#21
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?
The production in mining rigs are back in business in china, do your own research very well, some new projects postponed launch but not all of them, some works digitally and things are going accordingly
sr. member
Activity: 2016
Merit: 322
April 12, 2020, 09:28:37 AM
#20
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?
Definitely not good for entire crypto space. But, unfortunately we do not have any other option other than facing it. Only when there will be a vaccination to be invented or by isolation people completely wiping out corona from world, we can expect changes to life which may slowly restore things like before.

We can simply assume that crypto is still not in healthy state yet because we are not having bitcoin into its original price levels where it was before the corona outbreak News happened. I mean bitcoin prices are just the flag to identify whether crypto is in progressive state or in negative trend.
full member
Activity: 1456
Merit: 148
April 12, 2020, 09:26:09 AM
#19
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?

Internet is the number one important now that we are not allowed to go out to work or find a job.People are now relying on online works and businesses that's why i think crypto will remain productive at this moment.

Point of correction, the internet  has been the arena of getting jobs done this days because of the government ban on citizens movement across their countries. Tagging the internet to cryptocurrency as what makes it healthier looks dull in my opinion. Although, the entire market even the stock market are also experiencing the same as cryptocurrency and there is hope for the cryptocurrency to have a positive impact on the ongoing economic crisis, this made me to be sure that, the cryptocurrency industry is getting healthier than before.
sr. member
Activity: 1498
Merit: 326
SecureShift.io | Crypto-Exchange
April 12, 2020, 09:21:02 AM
#18
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 inevitable, of course conference will be shut down or cancelled. No one will risk their lives for benefiting a blockchain symposium. With the case of mining, I doubt they will stop it. Yes China has started this virus but I doubt production will be stopped. Also even it got stop, do you think we dont have enough miners to do these transactions? I am sure corporations doesnt need huge manpower as these rigs are running without any manforce.

The virus has no good on crypto investment. See how slow the progress on the market? Actually were quite lucky compared to sector of stocks that are totally devastated by the crisis.
sr. member
Activity: 2394
Merit: 454
April 12, 2020, 09:20:55 AM
#17
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?

Even they stop manufacturing mining equipments for their employees safety, there is a lot of mining rigs existing already that are functioning in every countries around the globe, so I guess this won't affect the cryptocurrency price at all. If you're pertaining about the market situation right now, it is because of the Halving that is going to happen this year, expect of a sudden price drop but it will eventually going up to the moon soon, no doubt about it.

What we need is patient and stop panicking because of the current situation, it will do no good to us.
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