Topic: How corona virus affect on the Crypto world? (Read 718 times)
Corona virus will make a negative impact on everything generally but at different rate. Coming to cryptocurrency, I think the negative impact might not be that huge considering the fact that it involves blockchain technology. You don't have to move anywhere to make transaction. I think to some extent, cryptocurrency might benefit in a way because it can help transaction during lockdown.
So much damage by this Covid 19 pandemic, it manages to plunder and destabilize the entire world in just last few months. The economy of every country falls down and also the global business and world financial system are affected by this pandemic. Also crypto market suddenly falls down of several coins and tokens in crypto market.
That forced people to search an alternative way and crypto was offering an alternative way to keep survive when the pandemic is still happening. It may give a bad impact to the crypto market in the past but people already aware of the potential of crypto to growth in the pandemic.
It is evidently to see that corona has a huge impact on the world. l would say the virus outbreak has become one of the biggest threats to the global economy and financial markets. At the moment investors fear the spread of the coronavirus will destroy economic growth and that government action may not be enough to stop the decline. But l hope the world will solve this problem in the near future. In my estimation, the situation of the crypto world seems better than days ago. Coronavirus affected the crypto world during increasing of the pandemic. Nevertheless, we can see that everything is much better at the moment.
the emergence of corona virus outbreaks has certainly affected the situation of the crypto market on the one hand it might also have a positive impact on the adoption of crypto users. now the interest in adopting crypto is increasing because many people lose their jobs and there is only one way to survive in the home during quarantine, namely by doing online work. crypto users are now starting to grow and people out there are getting interested in the crypto industry.
I thought that the market will continue to falling down because of corona virus but now seems the market not really affected, bitcoin is still increasing, unbelievable.
Bitcoin has proven beyond doubt that it's better to buy more than sell everything. However, I think what's keeping up the price is principally because of the halving, and also the Corona virus fear of uncertainty has declined, hence the crypto market is not in a downtrend. If more people lose their jobs, and the palliative from the government is not enough, those victimized will have no option than sell their crypto holdings if they are in possession of crypto and might still impact the market negatively. 
Coronavirus Impact on Bitcoin and its future. The COVID-19 pandemic has impacted financial markets all over the world, including that of crypto currencies. Corona virus has a negative impact on the industry, tourism, trade, stock markets, and of course, cryptocurrencies. In this article, we will consider how this epidemic has affected the blockchain industry and how it will affect the development of the cryptocurrency industry. i think has the corona virus outbreak affected Bitcoin Bitcoin will slowly change post this pandemic.
every outbreak will always have an impact on life, especially the economy, although the price of bitcoin has increased but I am pretty sure that the price movement will be more leverage if there is no outbreak like now 
Coronavirus Impact on Bitcoin and its future. The COVID-19 pandemic has impacted financial markets all over the world, including that of crypto currencies. Corona virus has a negative impact on the industry, tourism, trade, stock markets, and of course, cryptocurrencies. In this article, we will consider how this epidemic has affected the blockchain industry and how it will affect the development of the cryptocurrency industry. i think has the corona virus outbreak affected Bitcoin Bitcoin will slowly change post this pandemic.
I thought that the market will continue to falling down because of corona virus but now seems the market not really affected, bitcoin is still increasing, unbelievable.
Don't get too excited about it. The market recovery was mostly caused by two factors. First of all, the stock markets have recovered a lot during the last couple of weeks. The impact is being felt at the cryptocurrency market as well. And secondly, the block reward halving is only a few days away, and traders have accumulated a lot of coins expecting a spike.
I thought that the market will continue to falling down because of corona virus but now seems the market not really affected, bitcoin is still increasing, unbelievable.
Cryptocurrencies may be one of the best areas to effectively communicate in different time zones, maintain productivity and even manage remotely. While workers in other industries find it difficult to immediately adapt to new working conditions, most tech companies and all crypto startup projects are able to work. stay at home without any difficulty.
It is possible these special advantages will lead investors to quickly shift their interest from the traditional market to modern asset classes such as cryptocurrencies.
It is possible these special advantages will lead investors to quickly shift their interest from the traditional market to modern asset classes such as cryptocurrencies.
Judging by the behavior in the bitcoin market, we can say that nothing catastrophic for the cryptocurrency market has happened. Perhaps we are now even on the verge of market growth, against the backdrop of all these global shocks. Community priorities are so unpredictable.
I believe in Bitcoin in the long run, but when I heard about the unemployment rate because of Coronavirus increasing every week, I feel worried. How it will affect the crypto world?
Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
I think many of them will find alternative work and don't want to go outside because they are afraid that they will have a virus, well maybe they will learn how to do bounty, airdrop and trading the effect of it is many people will buy some crypto and learn on how the crypto will works. Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
I believe in Bitcoin in the long run, but when I heard about the unemployment rate because of Coronavirus increasing every week, I feel worried. How it will affect the crypto world?
Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
Crytpto maybe will be chaos. People will sell their assets because of the economy go down fast. But, we must not pessimist. Because we should believe this pandemic will be vanish soon. I can not imagine what will going to be happen if this pandemic stay growing up. Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
With so many people working from home, they will try to trade online and earn money and cryptocurrency can be an alternative way to make money because the price movements are quite attractive. As long as I am able to analyze price movements in the market, I think everyone can make a profit
I believe in Bitcoin in the long run, but when I heard about the unemployment rate because of Coronavirus increasing every week, I feel worried. How it will affect the crypto world?
Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
Crytpto maybe will be chaos. People will sell their assets because of the economy go down fast. But, we must not pessimist. Because we should believe this pandemic will be vanish soon. I can not imagine what will going to be happen if this pandemic stay growing up. Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
I believe in Bitcoin in the long run, but when I heard about the unemployment rate because of Coronavirus increasing every week, I feel worried. How it will affect the crypto world?
Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
Crytpto maybe will be chaos. People will sell their assets because of the economy go down fast. But, we must not pessimist. Because we should believe this pandemic will be vanish soon. I can not imagine what will going to be happen if this pandemic stay growing up. Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
I think it can affect to crypto market. This pandemic makes people cant do all things like work. Maybe some investor will sell their asset on crypto and it might affect market. Dumping tokens, panic sell it will happen in my opinion.
I am waiting for panic sell to collect some more 
I think it can affect to crypto market. This pandemic makes people cant do all things like work. Maybe some investor will sell their asset on crypto and it might affect market. Dumping tokens, panic sell it will happen in my opinion.
Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
After your update I will tell that all are positive comments only for halving time. We can ignore it if this is any others coin halving time. Coronavirus effect was clouded by this halving effect. But this time Bitcoin halving time deserve 15k USD instead running situation. After we can control this virus this effect, situation will show up.I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
After your update I will tell that all are positive comments only for halving time. We can ignore it if this is any others coin halving time. Coronavirus effect was clouded by this halving effect. But this time Bitcoin halving time deserve 15k USD instead running situation. After we can control this virus this effect, situation will show up. I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
In my opinion, there have been fewer bounty campaigns. And the fewer they are, the less profit. But I think everything will be alright after this pandemic
After a pandemic, the world will change and willn't be the same. People willn't be careless and will accumulate funds in reliable assets. Cryptocurrency gives anonymity and independence from total control. Decentralization saves everyone's personal space.
I think the corona virus really has an impact on this earth because what I think is that the corona virus has ransacked the world market like trade, factories, etc.
but I think for cryptocurency it might not have too much impact, but that's in my opinion because I think the world of cryptocurnecy can be done anywhere at any time or at a time like this where in various countries it is required for pyhsical distancing or work from home
but I think for cryptocurency it might not have too much impact, but that's in my opinion because I think the world of cryptocurnecy can be done anywhere at any time or at a time like this where in various countries it is required for pyhsical distancing or work from home
of course this will have an effect, because there is no revenue, of course, it will certainly have an effect on cryptography, some people will try to negotiate because activities outside the home are prohibited, but some people will use their money for living than use it for invest or trading on crypto.
About the dumping of the market they have possibility but there still chances also dies not effect this of what is happeing in the crypto.
Corona virus is we wanna end as soon as possible because it's affects our daily lives our jobs and daily activities and those investors who have work maybe needed money so they sell their assets in the crypto cause of dumping that is one of the reason.
Corona virus is we wanna end as soon as possible because it's affects our daily lives our jobs and daily activities and those investors who have work maybe needed money so they sell their assets in the crypto cause of dumping that is one of the reason.
I believe in Bitcoin in the long run, but when I heard about the unemployment rate because of Coronavirus increasing every week, I feel worried. How it will affect the crypto world?
Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
Corona virus in the real sense should boost the crypto market, i was astonished at the rapid fall in BTC price due to covid19, before this recovery to around 9k region. If people get skeptical about using FIAT money since it can be a carrier for the virus, then people ought to embrace digital money, including BTC but that's not the case now. Talking about people losing their job due to the virus, jobless people who get to know about crypto will likely invest in it or start say airdrops/bounties for the mean time. Also donations by Binance, Kucoin and other crypto exchanges for instance could create more awareness for crypto.
In a year, their will be some pump over a quarter of year. This year was taken by the corona, so corona will had some effects on Bitcoin and crypto world. But remember, it's only for short period. As soon of economy recovered, the same will reflect on crypto world. Many holding for long run, so this won't affect the market huge.
I don't see significant negative impact on crypto prices. If corona would have it, prices already go down. I won't be surprised by some decreasing of rates due to the upcoming general finanicial crisis, which is probable and even expected, in the world, but it's in long-term prospective.
This year is undoubtedly the year of the global financial crisis because coronaviruses are making the situation worse and the countries leading in economy are greatly affected. I just hope that there will be a vaccine soon so that everyone life can return to normal because since covid-19 appeared, the financial resources of many people are facing many difficulties. I don't see significant negative impact on crypto prices. If corona would have it, prices already go down. I won't be surprised by some decreasing of rates due to the upcoming general finanicial crisis, which is probable and even expected, in the world, but it's in long-term prospective.
Just hold on for some more time. We are yet to witness the peak impact from this ongoing pandemic. Already 30 million or so in the US have become jobless and within the next 2-3 months, the impact will become more and more noticeable. The real trouble will start when these people run out of savings. The federal debt is going to increase by more than $3 trillion this year, and that can also have an impact.
I don't see significant negative impact on crypto prices. If corona would have it, prices already go down. I won't be surprised by some decreasing of rates due to the upcoming general finanicial crisis, which is probable and even expected, in the world, but it's in long-term prospective.
I think corona has negative effect in crypto markets. Because people have withdrawn from crypto as well due to fear of virus and many people selling their assets to buy their daily necessities.
The major effect was the major crash that took btc to 4k mark in no time but thanks to upcoming halving and corona cases coming under control a bit the market is recovering well and it is highly expected that in may due to pre halving fomo prices can really pump, i think btc can break 10k easily with the momentum we are seeing in last few days.
Corona did not take any effect on crypto. It was sudden down in the terms of prices but bitcoin recover very fast and right now its trading around 8k. So I don't think so it's take any effect. But offcourse its take a big effect of short trading... They get a huge loss who short btc.
Corona had an impact on global financial markets, and they have already influenced on bitcoin. People began to panic and sell the riskiest assets. therefore, everything happened just like that. I lost a lot of money on this dump. 
This is a number that I can't believe because covid-19 is actually causing the whole economy to collapse and without the vaccine we will continue to live a life of worry and gloom. In my country, the situation seems to be much better but not subjective because covid-19 may return again in winter according to many opinions. Of course, all my activities and my work are still normal but very different than before.
As long as the vaccine hasn't been found, all activities carried out by the humans throughout the world will always be monitored and restricted, Such a situation will increasingly have an impact on the world economic circulation. Call it the world oil prices are declining, this cannot be separated from the impact of covid-19. If these conditions continue, it is probable that the corona outbreak will increasingly haunt the development of cryptocurrency.
Corona did not take any effect on crypto. It was sudden down in the terms of prices but bitcoin recover very fast and right now its trading around 8k. So I don't think so it's take any effect. But offcourse its take a big effect of short trading... They get a huge loss who short btc.
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.
In the short term it is going to a negative effect with the prices falling but I hope in the long term people understand the need for diversifying because of this and enter crypto space.
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.
That's true when we were going back to the last months but not for this time. Crypto is going back to its way without try to follow the stock market. I would like to say that crypto has already found its best way without any intervention from the stock market or something else like gold too. 
For some people, a situation like this will make them try to search about how to get money from the internet, For example my friend, he did not know about Crypto world even when I explained he did not want to believe, But now, since he was always at home because Lockdown, he had started learn to get money from Crypto world. I think that is one positive side.
In fact, as China recovers from the coronavirus outbreak, its market purchases appear to be recovering as well.
Still, it remains to be seen whether the new price sensitivity of Bitcoin in the markets will be a point off the curve or a new trend going forward.
Still, it remains to be seen whether the new price sensitivity of Bitcoin in the markets will be a point off the curve or a new trend going forward.
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 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
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
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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. 
The world of cryptocurrency is completely dependent on the world as a whole. Therefore, they cannot be separated. Now all people are suffering. Everything suffers because of this. I believe that cryptocurrency can only develop when people have money.
With the pandemic happening now, i believe all of us are directly affected. Majority have lose their jobs and do not have their sources of income. Entering crypto world is a good option but not as an investor but to make an income from the limitless opportunities we have in crypto. Hopefully this will come to an end soon so that we can contribute already in the development of crypto.
The markets stagnated as well but are doing much more positive anyway. IMO global economy suffers more than crypto.
The world of cryptocurrency is completely dependent on the world as a whole. Therefore, they cannot be separated. Now all people are suffering. Everything suffers because of this. I believe that cryptocurrency can only develop when people have money.
Many people right now don't have work temporarily and most of them are no money to invest to the crypto if they are user or investors of the cryptocurrency. Right now I believe they some effects but not literally big because as of now marker are pumping and that is good sign and once the lockdown is done we see again big pump in the market but I think it happen after few months after the lockdown..
when no one is working anymore then they will use their savings for very critical circumstances and this also results in many traders withdrawing their assets so that when they occur it will affect the price movement of cryptocurrency at the exchange place. 
Many people right now don't have work temporarily and most of them are no money to invest to the crypto if they are user or investors of the cryptocurrency. Right now I believe they some effects but not literally big because as of now marker are pumping and that is good sign and once the lockdown is done we see again big pump in the market but I think it happen after few months after the lockdown..
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?
Unemployment rate will have no affect on the crypto world because its rarely anyone getting paid in cryptos for their work as salary so one who is not having job will not receive any money but they have some job opportunities in crypto world but not everyone in the world can have it. 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?
One thing that made me believe, the market is very resilient and will remain stable and will not crash even if we have a pandemic, that means we have investors who will not dump and leave the industry and we have them to thank for keeping the crypto economy going.
Coronavirus has a big impact on every country's economy including the crypto world was shaken by this pandemic in the first few months. When people are in the state of panic because of the lockdown everyone tried to withdraw their money to buy their necessities for the entire period of lockdown, that is why it lessens the demand on the cryptocurrency during the first few months and that was the downfall period of the crypto world but the crypto world was able to cope up now when people are already looking for a safer platform to invest and that is how they see the crypto world is a safe haven during the economic recession. One of the advantages of the crypto world is it can be shaken easily but it can regain it's stability easily.
first of all corona isnt increasing every week but there are infact recoveries reported now and also not all regions or areas have been restricted to work because those areas are less prone to virus but the unemployment on other places may have an impact to cryptos because some of them are crypto investors and they cant buy a crypto now and worst they may end up selling for now but this shall not be a reason for us believers on bitcoin to loose hope . once this delima is over , cryptocurrencies can also go back to where it was
Settle that feeling of worry, it won't help you in these times. Let the market decide and show its full potential while we are experiencing this pandemic. The first few months of the pandemic, this has affected the crypto market and we saw that bitcoin plummet, and everyone shared the same thought of it affecting all the markets. But as time goes by, you will notice how bitcoin becomes stable and increasingly a bit day by day and this can also be one of the effects that this pandemic shares.
At its first week of pandemic so many people including in different busines sectors and crypto investors had panicked that caused every marketsto crash down but along the way the market found its ground had been running back in forth from $6.5k-7k until last night that broke out to $7.5k It might have had and effects but not totally affected as it has gained its momentum back and we will be seeing a healthier market towards its halving day in 16 days coming.
They are too fear to think the crypto can have the same future like the stock market but it looks like they were realized about that right now. The recovery that is still happening with bitcoin or this is a better recovery than when the dump happened caused by bitcoin was building a very strong fundamental at the same time. As long as there will be no bad news come and bitcoin will remain stable in the bullish trend.
For now there has not been a big impact on the crypto world over the existence of the Korona virus, although today all countries are being hit by the trouble in facing this plague, but in the world of crypto developments from the value of Bitcoin and altcoins are increasing and many predict this year will penetrate the highest number.
At its first week of pandemic so many people including in different busines sectors and crypto investors had panicked that caused every marketsto crash down but along the way the market found its ground had been running back in forth from $6.5k-7k until last night that broke out to $7.5k It might have had and effects but not totally affected as it has gained its momentum back and we will be seeing a healthier market towards its halving day in 16 days coming.
The market has made a good comeback and I believe this epidemic will be cured soon because the situation now looks much better than a few weeks ago. I think the vaccine will be available soon by the end of this year and many countries are starting to test it so it certainly won't take too long to wait. In the meantime I will choose to invest more and will consider buying some of the cheap coins available in this market.
At its first week of pandemic so many people including in different busines sectors and crypto investors had panicked that caused every marketsto crash down but along the way the market found its ground had been running back in forth from $6.5k-7k until last night that broke out to $7.5k It might have had and effects but not totally affected as it has gained its momentum back and we will be seeing a healthier market towards its halving day in 16 days coming.
I less know, but what is clear is that this virus has a bad / negative impact on the economy. I don't know if VirusCorona will give to have a bad impact on the crypto world or not but at the moment I see that market conditions are back improving. of course we must to believe in Bitcoin in the long run because it's not possible Bitcoin will fall or die just because of VirusCorona pandemic.
yes, as we have seen that the current situation of the crypto market is slowly improving and this may indicate that the corona outbreak did not affect the crypto industry as a whole. but I am optimistic that after the crypto outbreak can be resolved, the price of bitcoin will increase significantly.
This pandemic virus affects so much many things, real life system has been really affected by this because so many people died and many business falls down because there's no more person who are going to work on such business, as well as the crypto world, when this virus is not existing the price value of different cryptocurrency is so high then sadly when this virus has visited atound the world, the price value of different cryptocurrency goes down because of so mant factors.
1. Investors tend to pull out their assets because of being afraid of what will happen on bitcoin
2. Thwy need to convert their cryptocurrency to have money to sustain their lives while under quarantine.
So corona will affect crypto just like the real business. I saw people rush to exchange to sell their gold (in Thailand). The same thing happens to the bank as they have to reduce the interest rate, the customer takes out of their saving from the bank, real estate also can't pay back the loan from the bank,... Things really look grim in almost everywhere but I think crypto is the least affected by corona if we make a fair comparison with real business. 1. Investors tend to pull out their assets because of being afraid of what will happen on bitcoin
2. Thwy need to convert their cryptocurrency to have money to sustain their lives while under quarantine.
This pandemic virus affects so much many things, real life system has been really affected by this because so many people died and many business falls down because there's no more person who are going to work on such business, as well as the crypto world, when this virus is not existing the price value of different cryptocurrency is so high then sadly when this virus has visited atound the world, the price value of different cryptocurrency goes down because of so mant factors.
1. Investors tend to pull out their assets because of being afraid of what will happen on bitcoin
2. Thwy need to convert their cryptocurrency to have money to sustain their lives while under quarantine.
1. Investors tend to pull out their assets because of being afraid of what will happen on bitcoin
2. Thwy need to convert their cryptocurrency to have money to sustain their lives while under quarantine.
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?
Like you said the unemployment rate is going higher, now people in such position what will they do? They will take up the next, best and possible solution, and as it stands the crypto world offers a good chance. In my own opinion, this will affect the crypto world in a good way because as people are joining more there will be significant growth as well. I believe people are already joining gradually and with time, more will join as well while the world keeps looking for a vaccine.
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?
Immediately: shock and collapse (people cash out to get prepared for the unknown)
After 1-2 months: it’s now, the news about printing money like crazy is pushing people to look for a safe investment. Bitcoin goes back to its usual price.
In 6 months: the number of investors in gold and crypto will be much more significant, the price will surge
Jan-feb 2021 price stagnant.
April: a rally will start bringing btc to 35k before summer, fall below 30k in summer, and grow again from sept 2021 going to ATH above 40k
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?
This has already affected the crypto world. Remember the strong fall in the price of Bitcoin in March, as well as other cryptocurrencies. It was caused by both panic from the fall in the oil price and concern about the upcoming pandemic. Now that the situation has stabilized and is gradually improving, the price of bitcoin has gradually started to grow.
I am sure that everything will be fine and this summer the price of Bitcoin will pass the $ 10,000 mark.
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?
i am sure unemployment rate have dirrect correlation with personal income , if people's income decrease alot due they lost their job to fullfiled daily needs they will use personal saving or investment. and crypto asset could be sold if they have no more money in bank account. i am worry crypto price could drop slowly . 
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 matter of topic is slightly contradictory. Bitcoin is a digital currency, and it well popular to investors. Employment on blockchain related is not that so many yet and also, if they ever hit, they can always fo work from home works since this is a computer or tech business. Crypto world has been affected by corona but not by the rate of unemployment but due to the market crashes. As you can see its slowly getting back. We can just hope a good recovery when the issue on corona has become light. 
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?
Surprisingly it has no effect at all the market is still doing fine, it's just a matter of time before things are back to normal again, unemployment is just temporary, once the pandemic is over factories and offices will open again and companies will hire again, this is just temporary, we have to bear it our scientist are working on the cure.
If you really want to connect it with unemployment then lets do it.
There a part of me that says there will be a lot of cash out that will happen for another budget while looking for a new job.
A lot of payment is needed to be done. Although there is a stimulus check given to US citizens, there are other countries who didn't have that kind of opportunity.
Example is here in our country PH, not all of us have been given that kind of amount.
Some did with 8000php ($150) while other families did not receive that. I didn't.
No work, no pay in my company so I will need to procure with whatever I can.
Good thing I saved money. I am cashing out bitcoin every 2 weeks for necessities and for my kids.
Yes, it will affect a little, we are not just seeing it now.
There a part of me that says there will be a lot of cash out that will happen for another budget while looking for a new job.
A lot of payment is needed to be done. Although there is a stimulus check given to US citizens, there are other countries who didn't have that kind of opportunity.
Example is here in our country PH, not all of us have been given that kind of amount.
Some did with 8000php ($150) while other families did not receive that. I didn't.
No work, no pay in my company so I will need to procure with whatever I can.
Good thing I saved money. I am cashing out bitcoin every 2 weeks for necessities and for my kids.
Yes, it will affect a little, we are not just seeing it now.
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?
It will harm workers but not too many Cryptocurrency investors because many of them are investors running a business of their own, based on what I see in the market, there are investment flow and it's moving slowly but steady there are no harm done by the pandemic.that is so far.
How it will affect on the crypto world?
The answer is obvious and you can see it already anywhere in the world, people needed cash/money that can be use to sustain their daily lives to buy and stock foods and crypto people are not exempted with that. No Matter where you are on the earth but you will feel the impact of corona virus, well this virus has already bombarded stock markets, tourism, trading, industries etc.
But for me the only thing which escaped from this horrible virus is crypto currency, yes the entire globe is now realising the advantages of crypto. Also you can see the price of BTC is pumping over the past few weeks which means people started to buying it, I am sure crypto will rule the world in the next few years.
But for me the only thing which escaped from this horrible virus is crypto currency, yes the entire globe is now realising the advantages of crypto. Also you can see the price of BTC is pumping over the past few weeks which means people started to buying it, I am sure crypto will rule the world in the next few years.
Definitely, this Covid have impact on crypto but look at where we are now, bitcoin is going up despite this crisis. Of course, we experienced a downward trend when almost around the globe suddenly experienced lockdown. People panic, which is natural response. But we are now going up, it means, the panic subsides and we are heading again in the positive direction.
No Matter where you are on the earth but you will feel the impact of corona virus, well this virus has already bombarded stock markets, tourism, trading, industries etc.
But for me the only thing which escaped from this horrible virus is crypto currency, yes the entire globe is now realising the advantages of crypto. Also you can see the price of BTC is pumping over the past few weeks which means people started to buying it, I am sure crypto will rule the world in the next few years.
But for me the only thing which escaped from this horrible virus is crypto currency, yes the entire globe is now realising the advantages of crypto. Also you can see the price of BTC is pumping over the past few weeks which means people started to buying it, I am sure crypto will rule the world in the next few years.
the market capitalization of crypto market is already impacted and decrease significantly due tot his pandemic. if this virus still have no vaccine or cure whatsoever it will be really bad in the long run and same thing goes for stock market. people could also potentially cash out their crypto when their money to buy food runs out so I really hope the cure or vaccine will be invented asap.
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?
It is true that companies are laying off workings, although, government worker are still n active service, despite the lockdown. With the look of things, it will continue to increase. Not everyone has knowledge about on crypto and neither do they know how to invest in it or work to get something to live on through crypto, but those who already know are finding their way in, even if it entails asking someone they know to teach then how to go about it.
This is why the market is moving uptrend, aside the forthcoming bitcoin halving. more investors are now coming to invest in crypto.
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?
Immediately: shock and collapse (people cash out to get prepared for the unknown)
After 1-2 months: it’s now, the news about printing money like crazy is pushing people to look for a safe investment. Bitcoin goes back to its usual price.
In 6 months: the number of investors in gold and crypto will be much more significant, the price will surge
Jan-feb 2021 price stagnant.
April: a rally will start bringing btc to 35k before summer, fall below 30k in summer, and grow again from sept 2021 going to ATH above 40k
The coronavirus will force the ordinary person to join in the crypto and start to do what they can do with their money. There was a lot of unemployment that has already joined in the crypto since this pandemic has started to infect the world.
You can take this as an example of how this virus was forcing even the entity to adopt crypto
https://www.tronweekly.com/amidst-corona-chaos-leading-italian-bank-launches-full-fledged-crypto-wallet/
That's how this virus was giving a new demand for crypto but i hope this pandemic will not be so long.
You can take this as an example of how this virus was forcing even the entity to adopt crypto
https://www.tronweekly.com/amidst-corona-chaos-leading-italian-bank-launches-full-fledged-crypto-wallet/
That's how this virus was giving a new demand for crypto but i hope this pandemic will not be so long.
I believe in Bitcoin in the long run, but when I heard about the unemployment rate because of Coronavirus increasing every week, I feel worried. How it will affect the crypto world?
Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.
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