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Topic: Crypto is not in healthy state yet - page 7. (Read 705 times)

legendary
Activity: 2338
Merit: 1354
April 12, 2020, 08:11:12 AM
#16
Of course, the Bitcoin block halving on this year which is expected in the next few weeks.
It's kinda exciting, especially we are experiencing some world problems like coronavirus (covid19). But this block halving will not be able to prevent or being stopped by some event like coronavirus or some person or even the government. I think this is one of the best event for cryptocurrency this year.
member
Activity: 1008
Merit: 12
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April 12, 2020, 07:58:54 AM
#15
Do not worry, soon everything will be back to normal, we just have to stop the transfer of this virus to new people and eventually it will stop, in most parts of the world like asia it is expected that till may it will be controlled while hopefully US, UK and EU will also be able to control it by june and everything will be back and normal, i am positive that crypro market will come out stronger after this crisis.
full member
Activity: 1456
Merit: 148
April 12, 2020, 07:50:40 AM
#14
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?

What do you mean? These conferences for the year were held why some of the conferences were cancelled due to the high rate of the spread of the pandemic. For me, these cancelations were on the interest of the people and also, many of these conferences were been held with clients over the internet. The market has been on fluctuating index but doesn't mean that, the market isn't beneficial to the community. In my own opinion, cryptocurrency is still  more healthier than before due to mass adoption that's currently going on around the world today.
full member
Activity: 1820
Merit: 107
April 12, 2020, 07:38:28 AM
#13
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?
It's true, it was understandable because we are on the brace of a Global Pandemic called COVID-19 it is useless to gather any crypto-related events without guarantee to make it successful because most people are afraid of getting infected and it was also prohibited to make gatherings to prevent more infection with the COVID-19 virus and its pretty obvious that the market is not yet in a healthy state as you mentioned.
hero member
Activity: 812
Merit: 512
April 12, 2020, 06:40:06 AM
#12
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.
If people can't go outside to work, I believe they will choose online jobs. And investing in this market will definitely be a good choice, this market will certainly grow this year because many new investors are entering the market.
full member
Activity: 1246
Merit: 116
April 12, 2020, 05:01:22 AM
#11
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 truth of the matter is that, at the moment, the world is not healthy due to the pandemic.
You and i, and other people of the world, are indoors, and com-pulsed to stay home, making us unable to do anything new, and we people are crypto currency, hence it cannot be healthy.

The flunctuations will continue, until there is stability across the world, and the pandemic cease.
In the mean time, take profit from the unhealthiness, and explore crypto currency.
member
Activity: 909
Merit: 17
www.cd3d.app
April 12, 2020, 04:34:36 AM
#10
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.
sr. member
Activity: 1596
Merit: 335
April 12, 2020, 03:50:30 AM
#9
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?

Nobody expected the impact of the pandemic could really be depressing for both the economy and the crypto market. To look at the brighter side, this could be a good opportunity for those who would like to invest in crypto since the market had fallen, or for those who have spare to invest to buy cheaper crypto. The problem is even businessmen and rich people are struggling during the pandemic.
legendary
Activity: 2450
Merit: 1047
April 12, 2020, 03:35:13 AM
#8
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?

Obviously it's not but so far market is still in good condition although not really stable, we have the community belief's and support to thank for this, especially the whales who prefer to not dump their coin, especially to the CEO of Binance who announced that he will never sell his share of coins in the market.
sr. member
Activity: 1036
Merit: 329
April 12, 2020, 03:34:00 AM
#7
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?

Give source for that news that china stop equipment production.  As i know china has a low case now in corona virus so that country is not so much affected with lockdowns or any ways that can affect thier economy.  So there is no reasons for them to stop it , they are not fully recovered but at least many people on that country can freely back into thier work.
sr. member
Activity: 1274
Merit: 278
April 12, 2020, 03:32:08 AM
#6
That's true, we are still under community quarantine because of the existing virus and the price of different cryptocurrency is not yet stable especially the price of the bitcoin, bitcoin is not going so well with the day, last yesterday the bitcoin reaches 7,000$ and it is now 6,800$, the price of the bitcoin is not yet stable, we cannot predict whether it will goes high or goes low. So I just wanna remind all the traders out there to be careful when doing trading because you may lose your money if you don't observe well the market or the good thing to do for now is just wait for the bitcoin bull run.
legendary
Activity: 1624
Merit: 2594
Top Crypto Casino
April 12, 2020, 03:28:46 AM
#5
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?

Any links for news into why or when they stopped the mining rigs?
Or is this just a speculation?


I don't think the OP talking about stopping mining rigs but stopping the production of new mining equipment. There are many sources on the net about this.
member
Activity: 1204
Merit: 11
April 12, 2020, 03:22:19 AM
#4
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.
hero member
Activity: 3024
Merit: 651
April 12, 2020, 03:20:32 AM
#3
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?

Any links for news into why or when they stopped the mining rigs?
Or is this just a speculation?

We are in quarantine and that means we cannot leave our premises anytime we want. There is just a scheduled time.
But this are mining equipment which could work on their own. They could just be left there or a group of people could be assigned to maintain it.
They won't need to go home if all the necessities is in their reach.

About the conferences though. It can still be done in live stream.
Just let those who will join know that it will still continue in another way, which is possible while we are quarantined.
member
Activity: 490
Merit: 10
April 12, 2020, 03:06:51 AM
#2
I think you are wrong, now that people are on lockdown they will be forced to look at other online jobs available, many lost their jobs already, companies have been able to master new opportunities by digitizing business processes and moving employees online.
member
Activity: 504
Merit: 25
April 12, 2020, 02:49:52 AM
#1
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?
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