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Topic: Does The Impact Of Corona Virus Will Disrupt The Crypto Industry? - page 2. (Read 241 times)

full member
Activity: 854
Merit: 140
Will be big impact of corona virus will disrupt the crypto industry, many company stop for working because their worker get effect of corona virus and make them have lost much money every day, but now how long corona keep running and make many people panic with this moment.
sr. member
Activity: 2800
Merit: 344
when lambo...
I don't know if it was just a coincidence that the continuous growth of infected individuals because of coronavirus is also the start of the crypto market declines. It somehow we could think that this might affect the global economic system and it also includes the crypto market. And as we can see, the demand is to low and apparently, more people are selling their Bitcoin because they'll be needing it by now to buy good goods and other stuff.
hero member
Activity: 2520
Merit: 624
I think I will take a different view on this. This is an epidemic as declared by WHO and if we look at the death rate, over 4,000. This is capable to distort every progress. Crypto industry is human based and corona virus is not killing animals but humans. We can now see that whether decentralized or not, it is possible to kill any body in contact including crypto enthusiast and miners. The pace of growth can be reduced.
sr. member
Activity: 1106
Merit: 267
Need a Helping hand? https://tinyurl.com/2p94uabm
You are right in saying that the crypto has no central focus it has nothing to do with the Coronavirus The impact of the Coroner Virus cannot disrupt the crypto industry as it does not associate with the virus if crypto is decentralized and depends on market conditions. Crypto is usually determined by market whales and is not under the control of any government If the government controlled the crypto  it would have an impact on the crypto industry.
Ucy
sr. member
Activity: 2576
Merit: 401
The impact won't be that much if we depend less on the centralized world, or better still, if we are very decentralized with flourishing interdependent/independent ecosystem & businesses.
A very decentralized crypto would work great (when most centralized businesses are closed or destroyed) in a much worse situation... let say in a war-like situation.
newbie
Activity: 32
Merit: 0
Does The Impact Of Corona Virus Will Disrupt The Crypto Industry?

With every passing day coronavirus is increasing its area, and due to which every industry facing a setback. Crypto moves virtually and its a highly volatile industry, therefore in this ongoing epidemic of coronavirus it is necessary to know how the crypto industry will react.
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