No one can really sure the future of crypto. Before so many have been positive during the bitcoin halving on May, but with the insertion of this pandemic virus, I think everythint change that. Stocks and even lots of business around everywhere are now falling down, and many people are suffering from huge loss and even needed to provide cash for supplies needed for this mess. Crypto isnt exempted from this, nothing safe now but staying at home. Avoid being contact with this virus at all cost.
Start saving your life by staying at home so you can stop spreading of virus worldwide. And cryptocurrency isn't an exemption because with the ongoing pandemic virus, crypto community is already experiencing a huge loss brought by covid 19. Crypto enthusiasts are greatly affected that made them decide to sell their coins for fiat just to provide the basic needs of their loved ones. 
Topic: The future of cryptocurrency during this pandemic - page 6. (Read 981 times)
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 think the future of the cryptocurrency family is already decided and that is, it will continue to grow despite anything that comes its way, this can be seen from past bear markets which were much bad but yet here we are. Also, you can't compare fiat to cryptocurrency because there is a huge difference among them; it is easy for countries to provide fiat for their citizens because they have rulers but such is not the case with the cryptocurrency family as there is no one you can ask that from. Nevertheless I think in our own little ways lets present a good image of what crypto is all about while giving a good knowledge of it when it arises.
We are not separate from rest of the world so obviously most of us will do whatever we can to help people that can include giving more time or ask for less amount from the people that owe us money, send food parcels to the needy and also help people with sanitization products so that they can keep thenselves safe from this virus.
Things like you said it is the duty of the local government to protect its people to stay safe from the corona virus at this time, so that it is not so mandatory for ordinary people like us, because we can only channel all the help we have from home to the government, then the government will deliver the assistance to those in need. 
The first thing to do is to stay safe and survive to use cryptocurrency. We don't expect for losing the family members of this crypto community. We need to keep ourselves well in this situation. If you have something to help others, you can deliver it. Not only about funds, but it can be also about encouraging or supporting each other.
This crisis we experience has big effect in cryptocurrency and also to us right now, we want to be safe, it's more a preaution than anything else, but we also want to earn but because of this pandemic happening we are now stop all transaction we do and the profit we get is also lessen. I think we should be patient more because it seems is take longer before it back to normal.With this condition, there are still people who use it in situations like this, they want the income from crypto from the increase, so they will use it during the lockdown in their area, so I think this is the right moment for them.
No one can really sure the future of crypto. Before so many have been positive during the bitcoin halving on May, but with the insertion of this pandemic virus, I think everythint change that. Stocks and even lots of business around everywhere are now falling down, and many people are suffering from huge loss and even needed to provide cash for supplies needed for this mess. Crypto isnt exempted from this, nothing safe now but staying at home. Avoid being contact with this virus at all cost.
We are not separate from rest of the world so obviously most of us will do whatever we can to help people that can include giving more time or ask for less amount from the people that owe us money, send food parcels to the needy and also help people with sanitization products so that they can keep thenselves safe from this virus.
We can help people who really need help because by doing that, I am sure that we can save their lives. If more people who can do that, I am sure we can solve every problem together and at least, that will give benefit for both. We can provide help by using government institutions so they can distribute anything to people who needed.
And with the cryptocurrency itself, we will see the rise of cryptocurrency after this pandemic and not just crypto, but everything will rise too. We will see it soon, and we don't have to lose hope.
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.
The global market suffers big losses but I'd never think that this will be the end of crypto. We are giving more concerned about the price and this is the reason also why it gives your fear and the will possibly drag you into becoming a panic seller instead. Maybe this time, we may take this aside and we have to prioritize first our health. The market will recover later and I stand to believe this. It will be harder for us to accept the situation if we always take a look at the market price, maybe a simple glance could be enough for now.What is the cryptocurrency family doing to support their own community at this perilous time.
This is not the end of crypto but this situation will pave the way of crypto adoption. As paper money is identified as potential means of transport for the virus, people will look for potential options that can replace their paper money transactions and lessen the contact as much as possible. So I guess, there is still bright future waiting for crypto.
-snip- What is the cryptocurrency family doing to support their own community at this perilous time.
The first thing to do is to stay safe and survive to use cryptocurrency. We don't expect for losing the family members of this crypto community. We need to keep ourselves well in this situation. If you have something to help others, you can deliver it. Not only about funds, but it can be also about encouraging or supporting each other. 
-snip- What is the cryptocurrency family doing to support their own community at this perilous time.
The first thing to do is to stay safe and survive to use cryptocurrency. We don't expect for losing the family members of this crypto community. We need to keep ourselves well in this situation. If you have something to help others, you can deliver it. Not only about funds, but it can be also about encouraging or supporting each other. We are not separate from rest of the world so obviously most of us will do whatever we can to help people that can include giving more time or ask for less amount from the people that owe us money, send food parcels to the needy and also help people with sanitization products so that they can keep thenselves safe from this virus.
The problem is that it is impossible to send any food parcels as my country is in complete lock down situation as the death toll keeps on increasing on a daily basis and my reserves will run out soon and i believe that is the case with many in my area, the government is taking steps to provide that, when it comes to the market it will recover but these are hard times for everyone. Stay safe everybody.
We are not separate from rest of the world so obviously most of us will do whatever we can to help people that can include giving more time or ask for less amount from the people that owe us money, send food parcels to the needy and also help people with sanitization products so that they can keep thenselves safe from this virus.
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.
The global market suffers big losses but I'd never think that this will be the end of crypto. We are giving more concerned about the price and this is the reason also why it gives your fear and the will possibly drag you into becoming a panic seller instead. Maybe this time, we may take this aside and we have to prioritize first our health. The market will recover later and I stand to believe this. It will be harder for us to accept the situation if we always take a look at the market price, maybe a simple glance could be enough for now. What is the cryptocurrency family doing to support their own community at this perilous time.
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!
The reason why even the major stocks are going down like the cryptocurrencies that are getting red this days is that because people tend to focus more into withdrawing their funds for a while to be able to provide or sustain their necessities to survive this crisis that is concerning the health care of each and every one. People nowadays tend to use up the profits they got from stock marker as well as into the cryptocurrency because it was one of the main reason why people get into those and that is to get profit or in short to earn money that can be used in times like this. There is nothing wrong happening in the market nowadays. It is just that because of panic and the want to be safe and secure not to get infected by the virus, people have to make use of their assets most specially fiat to buy all their needs to survive this situation. This was all temporary for the moment and I believe that as soon as this situation have come into an end, surely the prices in the stock market and cryptocurrency will surely get back to normal and will experience rise for people will get back on investing their money into this markets.
Future of Cryptocurrency lies in our hands to promote, trade or to just keep speaking ill of it. Truth is market is very bad and has affected many people outside world including Crypto. I urge we keep waxing strong and reduce FUD, trade or you leave but try to be positive. Let's help keep Crypto waxing strong as it's the only source of income we have now.
Right now the only language people understand is "Corona virus" the whole world is literally shocked after this deadliest disease is spreading like a fire Similarly this will hugely impact the financial section too.
The global market has already collapsed due to this and it might extend who knows, people need not to panic at this moment future of crypto cannot be circulated we can just speculate that. Cryptos future will be realised only by those who have patience.
The global market has already collapsed due to this and it might extend who knows, people need not to panic at this moment future of crypto cannot be circulated we can just speculate that. Cryptos future will be realised only by those who have patience.
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.
The world is experiencing more than just a health issue but also a financial issue as we can see, the world market is taking a huge hit as people are selling off to fiat so as to be on the better and safer side therefore meeting up with personal needs. Fiat is associated with the government and therefore it is easy for them to make promises to the citizens. In the crypto space, it is different as everyone is for himself, that is, some are holding bitcoin, others are for altcoins like ETH while some are in stablecoins, each of these category of holders believes in what they are holding. So I think the best thing to do now as a user in the crypto space is to stick to whatever coin or coins you believe, if in doubt then stablecoin is a good way to start.
In this health and economic crisis, the most priority thing is safety. We all know that the entire stock market in the world has decreased, at first I thought it did not affect the crypto market, but apparently it had a domino effect and on 12-13 March was its deepest trough. This decline is a massive sell-off by investors who need cash to save their businesses and meet the necessities of life, this is the impact of the worsening global economy. On the bright side, the crypto market can recover faster than the stock market.
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.
No one in the crypto space will mint more coins for what is presently happening. At the time this pandemic was almost spreading out, some exchanges, such as Binance and others rose up to assist some of the places that were affected, most especially with fiat. Perhaps crypto was converted to fiat for that purpose
Also, I see that some scammers are already developing projects to setal funds from people in the form of donation, calling the project Corona blabla. These are all lies. We know their tactics and that is how they come around to take advantage of situations like this.
Those with good hearts in the cryptospace, whether as individuals or as a group are already doing what they can to assist and I think we should give kudos to them and appreciate them for their kind gestures.
Stock market has crashed, and good thing it wasn't that too bad especially for BTC like it went downwards to 4k last year. We're also heading to a financial problems, regardless if it is an individual or even the whole country itself.
Jobs are being suspended except for those frontliners who are now taking risk.
I don't think that people could think of buying cryptos for now but when things get tighter at this situation, we might off to using cryptos to buy our needs instead.
Jobs are being suspended except for those frontliners who are now taking risk.
I don't think that people could think of buying cryptos for now but when things get tighter at this situation, we might off to using cryptos to buy our needs instead.
With cryptocurrency technologies, everything will be fine because they are in great demand in many areas and will be constantly used in new areas, but the cryptocurrency market itself can certainly collapse, but then after some time it will recover anyway.
Jump to: