The pandemic impacts on the world economy was not good. Even oil sector got so low.
But the pandemic has in another way pushed the drive for worldwide acceptance and adoption of bitcoin.
After the pandemic, the world would never remain the same again, the use of bitcoin as mode of payment could increase because cash might not be hygienic
Topic: How corona virus affect on the Crypto world? - page 3. (Read 690 times)
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Thanks for all the responses.
I general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
It's great that you gave this response. I also read that most members are quite sure of the development of the crypto world, although it is not easy, this is normal because the world economy is also not good.Thanks for all the responses.
I general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
I'm sorry, a lot of people lost their jobs, their business went on hiatus, their income dropped, etc. Before this pandemic, I had worked full time at home, as a freelancer, in the world of crypto and building, so I was not so affected by this change. The crypto world, especially from trading and bounty campaigns, still provides a good opportunity to earn money.
Hopefully, the vaccine from this virus will soon be discovered so that the economy can turn smoothly again.
We are indeed in a very challenging times here, and not only few countries but across the globe.
Imagine we are experiencing once in a lifetime pandemic situation here.
I am very positive that we will emerge victorious after this situation.
This pandemic will teach us so many lessons that for sure we will pass on to the next generation.
And when it comes to crypto world, I guess there are more positive than negative going on.
But I want to dwell more on the positive side and one is increase of potential crypto users.
One example is my first-hand experience, my colleague suddenly called me on how to trade with crypto.
She wants to learn how to deal and transact with crypto.
I really don't volunteer in teaching someone about crypto, because in my experience, they have a lot of hesitations, negative views when you start talking about crypto.
So I just wait for them to ask about it. And that's when, I tried to let them know to learn the basics first and where to read more on this topic.
You can't give all the info but little by little they will understand, talking to a crypto user in combination with reading online.
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Thanks for all the responses.
I general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
It's great that you gave this response. I also read that most members are quite sure of the development of the crypto world, although it is not easy, this is normal because the world economy is also not good.Thanks for all the responses.
I general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
I'm sorry, a lot of people lost their jobs, their business went on hiatus, their income dropped, etc. Before this pandemic, I had worked full time at home, as a freelancer, in the world of crypto and building, so I was not so affected by this change. The crypto world, especially from trading and bounty campaigns, still provides a good opportunity to earn money.
Hopefully, the vaccine from this virus will soon be discovered so that the economy can turn smoothly again.
The corona virus affects the world in general and the cryptocurrency market in particular. Many countries are closed, economic sectors have stalled, and many have lost jobs. That limits the amount of money invested in the cryptocurrency market and even it makes a large amount of capital withdrawn from the market.
Many people have chosen to hold USDT or FIAT at the moment. They are afraid the market will collapse so they will not risk investing at this stage, I hope the virus can be controlled so that everything can return to normal like before. Btw world has more than 3 million people infected with the virus, this is a huge number The COVID-19 epidemic has absolutely no effect on cryptocurrencies. Initially, I thought that due to the worsening disease situation, the BTC price would dump sharply. But now the indicators show that BTC will pump very strongly in the near future.
You cannot come to a conclusion now, the halving is yet to happen and with the economic uncertainty you cannot predict what the future holds and whether we will see a huge pump is not clear as bitcoin market is yet to face a recession and the mystery of bitcoin as a store of value will be tested much sooner than we expected I think one of the main reasons is that the BTC halving event that mining time for 1 BTC will take a lot time than before.
Can you explain what you meant here. 
The COVID-19 epidemic has absolutely no effect on cryptocurrencies. Initially, I thought that due to the worsening disease situation, the BTC price would dump sharply. But now the indicators show that BTC will pump very strongly in the near future. I think one of the main reasons is that the BTC halving event that mining time for 1 BTC will take a lot time than before.
c'mon bro! Convos affects everything in this world monetary related including crypto. If you haven't noticed, there's a lot of manipulation in exchanges to maintain volume. Why? Zero or very little new investors because people are more worried about hunger and food than investment at the moment
Yes i think this virus has badly hit not only the financial markets but each and every sector of life that one can think of, similarly it has effected crypto market as well and i think the real bull trend that was expected after halving may be delayed by couple of months till this virus is controlled worldwide.
I think that the pandemic has completely increased the level of panic and the situation has become more tense in all financial markets.
I wonder what the markets will be, including cryptocurrencies, when the crisis and pandemic will end.
The pandemic will end if the corona virus vaccine has been found, but so far no vaccine has been found by experts, so the thing that is always done by citizens around the world is to always maintain health and always live in a clean environment, so they can avoid the corona virus, and talk about the problem of market decline, I also do not know what to say, because at this time everyone is panicking and afraid in facing anything around them. I wonder what the markets will be, including cryptocurrencies, when the crisis and pandemic will end.
in fact I quite believe that every outbreak will have an impact on the economic system, so we need to know that the impact on the crypto market also exists. but now the epidemic that is happening in the world has begun to decrease, I hope that everything can pass quickly because normal life has been waiting for, especially for my country
I believe in Bitcoin in the long run, but when heard about the unemployment rate because of Corona virus increasing every week, I feel worried. How it will affect on the crypto world?
The chaos caused by the coronavirus has begun to infect the world of cryptocurrency, the reason is very simple, the collapse of the world economic turnover made investors have to think twice about investing in cryptocurrency. But this condition will not be permanent, Rest assured, bitcoin won't die because of the coronavirus, cryptocurrency will definitely improve once corona pandemic ends. 
The corona virus affects the world in general and the cryptocurrency market in particular. Many countries are closed, economic sectors have stalled, and many have lost jobs. That limits the amount of money invested in the cryptocurrency market and even it makes a large amount of capital withdrawn from the market.
I think that the price of Bitcoin will also fall when the stock market begins to fall. I expect the price of Bitcoin below 5500 dollars and I’m ready to buy cryptocurrency. 
The corona virus affects the world in general and the cryptocurrency market in particular. Many countries are closed, economic sectors have stalled, and many have lost jobs. That limits the amount of money invested in the cryptocurrency market and even it makes a large amount of capital withdrawn from the market.
Corona affects financial markets pretty hard. Almost the whole stock market decreased besides few companies like Amazon. Crypto is still following the major markets and I cannot imagine that we would see a strong price increase before the end of pandemic, most likely another deep fall.
Yes, but Corona only affects the real financial markets, because the global economic turnaround on the financial markets is done by people outside the home, so it is only natural that the decline in the stock market is very clear, but it is not visible in the space crypto.
Corona affects financial markets pretty hard. Almost the whole stock market decreased besides few companies like Amazon. Crypto is still following the major markets and I cannot imagine that we would see a strong price increase before the end of pandemic, most likely another deep fall.
The markets stagnated as well but are doing much more positive anyway. IMO global economy suffers more than crypto.
What do you suffer from? Because everyone certainly has a different opinion in assessing the global economy, and in what I have seen so far, the crypto space is not so miserable and even as if it is not suffering, even though it exists. 
The COVID-19 epidemic has absolutely no effect on cryptocurrencies. Initially, I thought that due to the worsening disease situation, the BTC price would dump sharply. But now the indicators show that BTC will pump very strongly in the near future. I think one of the main reasons is that the BTC halving event that mining time for 1 BTC will take a lot time than before.
in my opinion 
, the real economic world situation in the oil market and the economy of China is more influencing the crypto, COVID-19 is a secondary phenomenon and is also very controversial in contrast to oil prices.
, the real economic world situation in the oil market and the economy of China is more influencing the crypto, COVID-19 is a secondary phenomenon and is also very controversial in contrast to oil prices.
Saying market has recovered well isn't true, market is still recovering unlike it was around January and begining of February before Coro viruse became a global pandemic issue. Coro viruse actually affected BTC and other coins I expected BTC to go above what it is now because of its halving but checking the condition of the world you will agree with me that Coro deeply affected market in general including crypto currency market
The corona virus may have been able to make a big impact on the crypto market at first stage. But now the market has been able to recover well. I don't think Corona Virus just have a negative impact. In the days ahead, more and more people will be involved in the crypto industry. The price of Bitcoin may double or more, who knows?
I believe in Bitcoin in the long run, but when heard about the unemployment rate because of Corona virus increasing every week, I feel worried. How it will affect on the crypto world?
Some does a work from home to atleast help the company gain the losses but some are still unemployed and nothing to eat. They will surely find a way to earn money, they may see crypto as an option or not due to some may have no money to invest. But like me, I turned back to my previous way of earning money or earning crypto through joining and promoting campaigns. Jump to: