in my country probably use fiat money because the cryptocurrency are not yet totally implemented,but some of the digital currency are already operating. At this time of pandemic we know that the fiat currency could be risky to use because it might contain virus that could kill us. In the other way cryptocurrency could be use easily at any time and we could make a transaction at any moment anywhere around the world. I think in the future cryptocurrency is going to be the one to use just like what we are experiencing today.
I also think like that but it seems like that won't happen in my country because of the lack of knowledge about crypto here and the government's strict prohibition of people who use crypto 
Topic: The future of cryptocurrency during this pandemic - page 3. (Read 973 times)
Halving is the answer to the mentioned questions. The higher the BTC goes up the altcoins will follow it and the bull market will arrive sooner than we expected.
i think the crypo world has clamored for this situation for a while. A world where the fiat system is no-longer stable. if not mistaken, i will say that the world is heading into a serious health crisis with what is happening in china, italy, spain and other parts of the world. many countries has promised their citizens of enough fiat funding printing more fiat money to support themselves.
What is the cryptocurrency family doing to support their own community at this perilous time.
in my country probably use fiat money because the cryptocurrency are not yet totally implemented,but some of the digital currency are already operating. At this time of pandemic we know that the fiat currency could be risky to use because it might contain virus that could kill us. In the other way cryptocurrency could be use easily at any time and we could make a transaction at any moment anywhere around the world. I think in the future cryptocurrency is going to be the one to use just like what we are experiencing today. What is the cryptocurrency family doing to support their own community at this perilous time.
The next block reward halving for Bitcoin is less than two months away. But still, we don't have a major spike in anticipation of this event. I would blame the COVID 19 outbreak for this. The economy is in ICU, and the impact is being felt at the cryptocurrency market as well. And my outlook for cryptocurrencies is quite bleak, at least for the next two to three months. We may witness a major drop following the block reward halving.
Crypto alone wouldn't help us survive without fiat so we have no choice but to convert it so we'll have something to sustain our necessities during this pandemic crisis. In our country, the government has promised us that they will sustain our needs especially our food but they're not supporting most of us for almost a month so we can't rely our lives on them. This crisis has been affecting even the rich countries' economy so it will also affect cryptocurrency negatively. Lucky are those who still have something to sustain their needs because they could still hold their crypto funds despite the situation.
Cryptocurrency cannot pave the way this period every world system is responding to the pandemic and cryptocurrency cannot be different. We have a world crisis at hand targeted at the health industry but it has stretched to both the financial industry as well with no hope of a cure yet.
You can try to use the different perspective and you will get the different result. As far as i know if people consider crypto as an alternative payment system and no more. That's why crypto can recover even we are on the big disaster caused by corona virus. People adopt it as a payment system and you may understand it in the different way
Future of stock market is bright too if you look too deep into the future, oil, gold and all other stuff looks quite bright as well if you look too further down the line. You think that stock market keeps on crashing and never recover? Look at bank of america and their 2006, 2008, 2010, 2018, 2020 prices. It may have moved up and down a lot but in the end it has actually gone up a lot, in 2-5 years it will be higher than today as well, maybe one day it will go down again but because it went up a lot the gone down will be higher than today's.
Crypto is no different, it is down right now and I know it, in a year it will be higher, in 5 years we will see a lot more highs and lows but even the lows of 2025 will be higher than today;s highs, that is how finance goes.
Crypto is no different, it is down right now and I know it, in a year it will be higher, in 5 years we will see a lot more highs and lows but even the lows of 2025 will be higher than today;s highs, that is how finance goes.
i think the crypo world has clamored for this situation for a while. A world where the fiat system is no-longer stable. if not mistaken, i will say that the world is heading into a serious health crisis with what is happening in china, italy, spain and other parts of the world. many countries has promised their citizens of enough fiat funding printing more fiat money to support themselves.
What is the cryptocurrency family doing to support their own community at this perilous time.
You can’t really tell, Bitcoin might turn out to be the best investment option for everyone right now. The fall in the market price might have just created a huge opportunity for those that didn’t invest before and if you miss it now you might end up waiting for a very long time to get this kind of opportunity again.What is the cryptocurrency family doing to support their own community at this perilous time.
We have all been believing that there is going to be a pump in the price of Bitcoin after the Halving on May, though some have lost hope on that, but the way things are going now it might still happen. I just believe that we are going to see some magic rallies in April (just 2 days after) like usually bitcoin market is doing after March month every year.
I guess it is still in the middle, nothing major will probably change. We dropped like all others dropped, we increased like gold did, so right now we are still not horrible because we didn't dropped like hell and stayed there, but we are not awesome neither because we didn't increased while others were falling.
So, basically we are nothing right now, just what we were before all of this started and we will continue to be what we are in the future as well.
There could have been other stuff like if we fell we would have been worse, if we went up we would have been better, since we did neither, those options are futile right now and will not work. Hopefully we will get out better from this and that might actually really help us but we gotta wait for that one.
So, basically we are nothing right now, just what we were before all of this started and we will continue to be what we are in the future as well.
There could have been other stuff like if we fell we would have been worse, if we went up we would have been better, since we did neither, those options are futile right now and will not work. Hopefully we will get out better from this and that might actually really help us but we gotta wait for that one.
i think the crypo world has clamored for this situation for a while. A world where the fiat system is no-longer stable. if not mistaken, i will say that the world is heading into a serious health crisis with what is happening in china, italy, spain and other parts of the world. many countries has promised their citizens of enough fiat funding printing more fiat money to support themselves.
What is the cryptocurrency family doing to support their own community at this perilous time.
Did you mean that if anyone effected by this virus and if this person is member of this crypto community than this community should help, right?. This is not possible to identify effected any people who are involve in cryptocurrency although Binance is giving 1 million USD by your 1 retweet. What is the cryptocurrency family doing to support their own community at this perilous time.
The future of crypto currency for me is still very bright despite the panic that is currently going on in the world and I strongly believe that everything will soon fall back on track asap
Yes, indeed if we look at the current conditions, indeed many people experience panic, because everyone has a struggle and capital when playing in cryptocurrency, so the panic that occurs suddenly is very reasonable.
Cryptocurrency cannot pave the way this period every world system is responding to the pandemic and cryptocurrency cannot be different. We have a world crisis at hand targeted at the health industry but it has stretched to both the financial industry as well with no hope of a cure yet.
The world is not just moving towards a health crisis but it is also moving towards a major financial crisis. The entire fiat market is resetting itself. If you look at any major stock market around the world, you will see only red everywhere. Cryptos should have provided a safe heaven during this time, but it also seems to follow the same trend more or less. So at this moment, nothing is really safe. Crypto can't really print on its own to support the crypto families during this testing times. Stay safe and stay at home! Our first priority is to save our own life. Money can come later!
Absolutely true. Had it been that world governments have envisaged time like this, probably many of them would have supported cryptocurrency. Some even fear to hold fiat currencies now or even go to Automated Teller Machine for withdrawal because they believe they could also be a carrier of the viral droplet. There is little to which crypto community can do now. Even those clamoring for donations are scammers. May be after this pandemic is over, more governments could probably give more thoughts to the adoption of crypto. For now let's stay home and stay safe!
The future of crypto currency for me is still very bright despite the panic that is currently going on in the world and I strongly believe that everything will soon fall back on track asap
Yeah far future still seems good and bright , but the near future is looking bleak , as this pandemic is forcing everyone to stay indoors and this way many people have to depend on their savings not only for themselves but also to send to their relatives and closed ones . Since for most people it is their savings thats invested in crypto so seems only logical for them to cash it out . Anyways with the bitcoing halving approaching and since we each passing day we are 1 step closer to get a hold on this pandemic and getting back to our daily lives , so the far future does look good for crypto even though the near one might suck.
The future of crypto currency for me is still very bright despite the panic that is currently going on in the world and I strongly believe that everything will soon fall back on track asap
Yes, indeed if we look at the current conditions, indeed many people experience panic, because everyone has a struggle and capital when playing in cryptocurrency, so the panic that occurs suddenly is very reasonable.
if you feel you have more money, it's better to help those around you who seem less able to survive during a pandemic, no one knows about the future of crypto, but we must defend the future of our children and grandchildren. maybe with us not too trivializing the virus and following the rules that have been made by the local government can prevent this virus from constantly developing.
i think the crypo world has clamored for this situation for a while. A world where the fiat system is no-longer stable. if not mistaken, i will say that the world is heading into a serious health crisis with what is happening in china, italy, spain and other parts of the world. many countries has promised their citizens of enough fiat funding printing more fiat money to support themselves.
What is the cryptocurrency family doing to support their own community at this perilous time.
What is the cryptocurrency family doing to support their own community at this perilous time.
In my opinion, the coronavirus outbreak will be fleeting because the rest of the world is working together to find a vaccine for it. If the anti-coronavirus vaccine has been found, I think the economy will recover in a few months and this will also have an impact on the excitement of transactions on the cryptocurrency market
The future of crypto currency for me is still very bright despite the panic that is currently going on in the world and I strongly believe that everything will soon fall back on track asap
The pandemic is affecting everything around the world Including crypto. By now everyone hoped that Bitcoin price would have surpass where it is now as Bitcoin halving is coming but nothing of such is happening now and things might not happen the way people expect. The future is bright but it's also having it's share of this bad season.
After this pandemic we are going to face another big issue and its economical resession as most of countries going down badly and they will take some good time to recover this all so its also going to have some serious effect of bitcoin one thing is sure its now going to take some good time for good price as most of predictions are going to be fail for 2020 as this Corona is going to hurt this all very badly in short term period. i think the crypo world has clamored for this situation for a while. A world where the fiat system is no-longer stable. if not mistaken, i will say that the world is heading into a serious health crisis with what is happening in china, italy, spain and other parts of the world. many countries has promised their citizens of enough fiat funding printing more fiat money to support themselves.
What is the cryptocurrency family doing to support their own community at this perilous time.
What is the cryptocurrency family doing to support their own community at this perilous time.
I do not think this pandemic has the capability to alter the future of the cryptocurrency space negatively; yes it might delay it's growth but to hinder it is not possible. Also, there is a big comparison between the world government and the cryptocurrency space; the government can easily endorsed any amount they want to help a course but such is not possible in this space. In this space, everyone is his own government, you decide what coin to buy etc, so the best you can do is to hold good coins or enter into USDT to be safe.
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