Bitcoin Forum

As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?

Why permanent?

There's no reason to believe that this crash will be "permanent", I don't have a clue how much time will take to recover, but for sure it will

Another markets are suffering too, stocks, oil, governments, traditional investments, so everyone is in the same boat

The trend was very good this year until now, but if I have to guess, my think is the market will recover in a few weeks, because there's a lot of people buying BTC at this low price, including me, I bought BTC, and ETH for now

The virus is ravaging every financial and economical sector of the world, because several businesses have closed down, footballing and all sports activities are equally shut down. There are dip crisis because panics are normal on the crypto sphere, and this won't last forever.

The dip is perhaps an opportunity that many has been waiting for, it is better to evaluate and get in now at the bottom

Corona virus is not only affecting cryptocurrency, even the stock market is affected as well, as a matter of fact almost every sphere of live is affected, businesses, trades, tourism and even football, everything has to an extent come to a halt, countries are checkmating entrants into their shores.

But just like other pandemics that has ravaged the world, for example the Ebola virus, this one will also with time be completely eradicated. The health systems of the various countries of the world deserve to be credited with how this scenario is handled, I believe it's only a matter of time till we see the last positive case of the virus.

It's definitely not going to be permanent, but I don't expect the market to pump overnight as it dropped on march 12. I believe that the Crypto market is going to take some to recover back. But maybe be I'm wrong and the market might recover in a week or so. But one thing is for sure, this isn't permanent.

Permanent? no.

About the span of its stay, nobody knows and even I. I'd like to see it gone as soon as possible and if there's a solution already to dissolve or if there's a developed medicine that can be use by the affected ones so everything will go back to normal again.

Maybe this will not become "permanent" because what is affected is not only the crypto market but the economic sectors of some countries are also weak because of this virus, every country will definitely try to find a vaccine from the corona virus, so as not to continue to disrupt the economy.

The current situation in the market is not permanent and will not be, as coronavirus is not going to be permanent as such. We're seriously messed  up with our own decisions as investors(Individually or institutionally) the panic sell-off was the reason we're here with this question, hence nothing to be worry about as usual. We'll know cryptocurrency to be volatile coins as such epidemic can trigger their volatility and when thus happen the entire industry will feel the impact, as we have seen today.

The basic causes of these drastic fall was the panic sell-off orders which was as a result of containing the virus by not allowing some travel tour by individuals. This actually created some strong feelings on holders of what to use as fiat in this case. The  sell off was to enable many families Carter for their needs while the restrictions last. It won't be permanent, just hold on.

Obviously its not permanent what we are witnessing is panic selling though one positive note for the future is this:  many people moved from Bitcoin to cash as you would expect in times of reasonable FEAR But, when the dust settles. They'll want their BTC positions back. A lot of SPOTS will be purchased without very many willing sellers.

You cannot entirely blame that the current situation has happened because of the damm virus. Market is still being manipulated by the whales. In just 24 hours Bitcoin was down by 39% and then it came back to 27%. This nothing but pump and dump strategy by the whales.

Because of this dump and pump the whole cryptocurrency market is now suffering.

There is nothing as permanent situation. Everything comes and go . The flash dip is just panic sell because of the effect of Corona virus on stocks, world market and then crypto had it's own share.

How it can be permanent? Bearish forever because coronavirus will be lasting? Personally, I think coronavirus isn't something impossible to overcome. I believe that anti-virus (virus antidote) will be spreading out around the world sooner. Then, the infected people will recover and the situation returns to normal.

Personally, what i have read and heard uptill now, this virus and its effects will soon start to go away, my personal estimation is that in may it will be controlled globally, so maximum bad market situation can prevail in march and april only so its great for halving and perhaps this is the right time to accumulate more coins.

I think the effect of Cryptocurrency price decline caused by this corona virus will only be a temporary, because Cryptocurrency prices are usually very vulnerable to events, both negative and positive events that cause market often experience bearish and bull run, so also if the corona virus successfully overcome , of course, the world economy will return in normal, so that the price of cryptocurrency will increase again.
Hopefully this antivirus will soon be discovered so that the fear we feel now about the corona virus can be overcome soon :'(

The virus won't last forever. Will have to let it play out, then it will go away like Sars, Mers, Ebola and the like.

Please stay positive and do not panic amd keep in mind that bears will not stay here forever just like bulls never stay forever, im confident that this crash will prove to be the final wipe before the real halving bulls start, so be patient just like there is day after every night so bulls will be back soon too.

SARS, ebola virus, ASF are also become a news and trend during those time and some affected related market. Of course this isnt permanent at all, but it takes time to recover the loss of market due to the incident of panic selling that occured. Even it took years, if youre a crypto enthusiasts just relax and hold your coin and it will be beneficial for you on later times.

Everything is affected no one or is safe, but I don't think it will last that long two things can happen market will get used to it, a technology is a technology and it's moving technology and it will move forward regardless of any scenario, another thing is there will be a cure and we all get back to normal, either way the Crypto industry is here to stay, we must believe on that.

There's no permanent situation on market, it will change when something happen with global economy issue. This is only temporary and you can see every country try to handle it, so we only need patient and see the result. The problem is only halving because this is the real event, will change market direction and maybe will not giving impact into currency.

Regarding the period no one can really say how long this will continue as long as the virus keep coming and affectinf many people. So sad, that even NBA season one of the best tv show on television has been force to stop. Means the virus is really serious and a huge event has been stopped.

They already on it. What we need to do is cooperate and do what precautionionary method we must to stay unaffected by this virus. Economy faced many great tragic and still recover in due time. We just need to have faith that this will be over soon.

What are you saying? if you believe that coronavirus is the cause of all this events, then why you are asking if it's permanent? is virus crisis permanent? let me ask you that. As a long-term holder, always think of a dip as a positive news because that's the only time that you could buy more at a low price. Wait for the pandemic to stop and you'll be rewarded by not panic selling.

Very soon people will adapt to the condition, some are dumping and some are buying, when there is no one left to dump anymore things will be back to normal, I believe the whales are taking advantage of the panics from the virus outbreak

First I don't think the dump is largely only due to Corona virus- I think it is only partially affected since the other aspect of the economy is equally affected too,
And no, I don't believe it will be permanent, because it will literally mean everything about crypto will go down to zero which won't be the case, only this year alone, there has been tremendous news about crypto and some countries recognizing it,
And as for how long it will last, no one can say for sure, but knowing crypto and how fast it operates, everything is possible, recovery could even be more faster than we would anticipate.

many people still dont believe that corona is the cause of the major dip and im one of them but i believe corona made a small impact on the price and the rest major impact was done by whales and hackers  .  its only a co incidence and maybe some whales use this time to sell so that they cant get the blame . your asking if this is permanent ? no it isnt  .

there is no such thing as permanent epidimic virus or permanent dump on the crypto market but i think itl continue for some days   . the best advice to do for now is to not panic on the virus but panic buying is okay to do because everyone else is buying now  .

Don't panic, it's only a matter of time the virus will vanish into thin air, I believe it was unleashed willingly by unknown groups that's why i don't trust China this time around, they intentionally crash the stock market

Talk about certainty, it is something we couldn't provide. There are some claims that such huge market drops was highly influenced by Corona virus, and there were some claims that the virus has nothing to do with it (remember myself few months ago). But anyway, by now I as well believe that such disease was the major factor among the parts of why is the market moving downwards right now. Is it going to be permanent? No. Crypto is highly volatile, and as soon as virus came to an end the market as well will recover, imo. And don't forget, halving is coming we might be able to see new heights here the thing is we don't know when, it might take a year based from the halving history.

Yes, and at this time almost everyone is taking and making a good opportunity in conditions of a virus outbreak, ranging from real drug trafficking to traders in crypto, so don't panic too much in the face of the current virus outbreak.

Corona won't be here for a long time i guess , ofcourse it is affecting the price of all cryptocurrency's , and maybe it will take some time but as you assume the 12 or 18 months, i think (and hope) that this bad coronavirus won't last that long and after seeing the price of bitcoin going down from 8800 to 4800 $ , that only bring opportunitys for a lot of crypto believers which brings price back up , so to answer your question , i dont think that it will be permanent

I think the effects of coronavirus will still continue in the next few months but I think the market will adjust it later. Currently, almost all countries panic and some countries do lock down but many countries are starting to make anti-virus so that this situation in my opinion is only temporary

The corona virus has paralyzed the global economic cycle, this happened so fast, so the impact is very extraordinary. The world market is paralyzed by the coronavirus, as well as the cryptocurrency market, signs are beginning to emerge from the effects caused by the coronavirus.
The effects caused by the coronavirus are temporary, but I can't be sure when the corona outbreak will end, certainly this is not permanent.

I think the market crashing is a combination of many things, corona virus, economic uncertainty, investors selling stocks/crypto to fiat and whales making profit off nervous traders emotions.

Personally I wish the whales would fuck off and be content with their millions and I also wish I'd stop doing nervous farts as they smell like cabbage :(

Night Bob, I'm off to bed.

oh bollocks wrong thread, meant telegrram ???

There is no such thing as permanent, even this virus, if it will be permanent everyone of us will be infected and we will all die.
I am not seeing that happening, so I believe this virus spread will be stop soon and economy will grow again.

the effect will be felt in the coming April-June. logically, the vaccine for the corona virus takes at least 1 year, and if the situation continues like this it is not impossible that the crypto market will increasingly fall. not only that, but the global economy will also be affected. a "maybe" crisis is inevitable, so prepare yourself mentally to face even the worst situations.

Keep spirit

It will not be permanent, Last few days the market went down hard drastically but todays we see some significant gains and little losses and vice versa. Once the corona virus drama has vanished the crypto market will slowly climb back and will regain it composure or we will even see an ATH in some majors like ETH as ETH 2.0 is appoarching.

This is all temporary until the coronavirus will be completely or almost eradicated, until then, the cryptocurrency market may have problems, and when the whole coronavirus will disappear, then there will definitely not be such sharp drops, but there are exceptions, of course, so now it remains only to wait.

I really don't think that this case will be permanent but it will leave a big scar to the price of cryptocurrencies and stock exchanges. Of course there will be some events that will surely mitigate this event such as halving, burning of coins, exchanges listing etc. Soon, it will be over - let's pray for the better.

It has been assumed that this corona virus has caused a huge impact not only on bitcoin but also on the prices of the stock market, raw goods, oil and each and every financial sectors.
Why would you think this is going to be permanent? Nothing is permanent. This situation is totally normal. As things starts to stabilize, the price will also start to rise. Better use this opportunity and invest as much as you can to maximize your profit in the future.

I believe that there is not any corona of the virus, and all the hysteria surrounding it is connected with completely different events. As for the fall in cryptocurrency prices, well, what did you expect? The whole market crashed and cryptocurrencies also went down, as all efforts are aimed at maintaining economic bubbles and the dollar, but I want to disappoint you, this is not the end, but only the beginning. Further it will be even worse and the month of April will show the real situation. All this makes us understand that the cryptocurrency market has a chance to continue its peak.

Lassa fever became a pandemic for some time. It ravaged so many countries. Solutions were provided and today, we are talking about something else, which is Coronavirus.
If you ask some people today, that is Lassa still in existence, they would tell you no, but I tell you, it is still existing because it has not been totally eradicated. The same is likely going to happen to Coronavirus. Intensity will never be permanent. We will eventually get over it, but it might be somewhere else dormant, just like its counterparts.

Everything will come back to normal and it will seem it has totally gone. if there will be any such occurrence again, it will be mild. Let's hope that very soon, everything will come back to normal, most especially the crypto market that has really gone down.
It has happened before, it can happen again.

Nobody expected this to happen and no one wanted it to be permanent, no. Just like a storm, the COVID-19 pandemic is sure to end. In my opinion, the decline in most stock markets and other economic centres is actually influenced by many factors and is exacerbated by the Corona case which is increasingly widespread throughout the world. This can be a good opportunity to gather more assets, but remember, current market changes are extreme, so consider the effects and do a maximum analysis.

Not only economic activities, school activities, until the world soccer league was suspended as an effort to deal with this. The world is trying to overcome this, let's spread the goodness, don't panic, and maintain health and cleanliness.

I think we are living in a very interesting time period when huge changes are coming and something extraordinary events are happening more often with every next year. And every such crisis is an opportunity :)

Of course, this will not continue permanently. The bear market may drag on longer, but sooner or later the bulls will come back again.

well, I really like your optimistic nature because cryptocurrency price movements will not experience price drops like this, the ups and downs of cryptocurrency prices should be utilized to be able to get a lot of profit.

Do you really think it's permanent? Of course not. There is no cause for concern. Soon the situation with the coronavirus will subside and everything will be fine. The market will recover and the economy will also return to normal as much as possible.

When can't tell when this panic will be over, as long as the virus is spreading in a faster rate, the panic will continue.
However, I don't think it's gonna be permanent, it would the global economy and many people will suffer not only because of corona directly, but because they are losing jobs, this time around comes the government's support but we know they will also face some problem if they can't collect taxes from businesses.

The main problem is corona virus, we have to kill this and everything will be back to normal.

It can be a permanent part of our lives or it will be vanish just like what happen to other Corona virus but this version of Corona virus is very much different because it can affect people at a very fast pace compare to the other virus, unless we have a vaccine for this we will have to deal this for several months and the growing number of infected growing.

I think this epidemic will last for another year and we really don't have much hope for this period of time. In fact, the whole economy is in a huge collapse and this year will be unable to do anything but wait. I also wish the epidemic could end to return to normal life but perhaps we will need to wait for news about the vaccine.

Of course, crypto market will suffer greatly from disease outbreaks and be careful when choosing to invest.

That's true other see this as a calamity that will take longer for us to recover, others will see this as an opportunity for future profit, it all goes down to individual's motivation and mindset on what he thinks of the situation I am part of the latter I continue to support the industry and will try to buy as many as I can now that the market needs new investors coming in.

Many countries still not get solution with corona virus and just keep way by lock down their country to make corona virus stay away, but they have what medicine to make their people could be far from corona virus and give more stronger activities from their people.

Though early stage when corona virus affected in china. When altcoins market movement was too visible. Mostly say that it’s a impacts of corona virus. But last few days market is heavily down -30% to -60%. Never, why it will permanent no reason. Market will recover after these bad situation. Many countries going already lockdown for this horrible virus corona.                

Of course, over time, the cryptocurrency market will recover and will continue to grow in the second half of this year. Coronavirus itself does not affect the price of cryptocurrency. People react to its distribution by starting to spend money on the purchase of essential goods and be able to remain isolated for some time. To do this, they exchange cryptocurrency for cash and the price of the cryptocurrency drops. As soon as cryptocurrency is no longer sold, the market will begin to recover.

Everything depends on the every day situation if those affected are recovering and there is a new vaccine, then the market will likely recover, but this new virus will now become a part of our every day living watched a lot of documentaries about it and it will not likely go away forever like all the other virus it will become  seasonal, our main goal in life is to keep our immune system healthy.

You are mistaken about this corona virus, because until now all countries have prevented the corona virus from everyone, from quarantining the residents to spraying public places in their respective countries, and I have also seen very few Muslims contracted corona, meaning that we can prevent corona by purifying ourselves and cleaning up our environment, because the corona virus will not move away if we don't take care of it from the start.

It could be more than a year but who knows what could be the effect of it later on. Some inevstors are likely will be investing on crypto on the long run since the prices of bitcoin and more altcoin are now on bargain.

Im not being optimistic here but I cant see a crisis as an opportunity. Yes for some capitalist and investors it is since the stocks and crypto are down but look on the big picture how this affect the whole society. I cant say its lucky.

Investors who have a lot of capitals and dare to take risks will make this moment an opportunity. Especially since the coronavirus is widespread, the crypto market has begun to see the impact of the coronavirus. Opportunities can only be seen by investors who have a lot of capital, and able to hold their assets for a long time. They strongly believe, the corona outbreak is only temporary and not permanent.

We expect this problem to quickly finish so that all will return to normal and I believe this problem will not be long and not permanent, and we can see at the moment all countries are looking for a solution to overcome Corona virus because many activities are Should be delayed with the presence of this virus then the problem is very not we want and we expect to be resolved quickly.

Nothing is permanent in crypto sphere, obviously, we have seen the very bad effects on the market itself, but it doesn't mean that it is doomed, no worries, we will recover just like in the last ten years.

It could take more months or even years to really get away from the covid-19 scare, but remember, bitcoin halving is coming next month, so regardless, we still have one good news that can totally turn everything around and see some bullish trend.

It depends on the situation, now more than ever. investors and the community must watch out what is going to happen to the market and to this Pandemic, because people are attaching and their action in the market is due to Corona Virus, if it improve the market will also improve, it seems the world has a dooms day scenario, so they are hoarding a lot of their basic needs.

It will take time before the WHO will be able to find good solution with this virus and while the market is continuously falling most of the traders and investors are trying to find their good place to take some advantages. People who are good in sorting things out are those who are capable to anticipate of how long they will take this bearish season.

Actually No one knows this and this is the first time cryoto market is facing crisis like this since its creation so wait if you want to know the answer.But bitcoin was created to survive on conditions like these but people still yet to realize that.

Permanent ? you mean corona? if you are referring to coronavirus, the WHO has revealed that the virus which is previously described as being epidemic is now pandemic. However, by the end of the Month ( i.e. March) the first phase of the result of drug trial will be out. Hopefully, we get the cure soon. If so, crypto might experience an increase in demand which make the price to rise

Soon or later this corona virus pandemic will be vanish. I think it will last for 30 days from now. It crash every market not just cryptospace but real life market like stock market, gold market, etc. But look the good side the price is lower and anyone can start to invest on cryptospace

The fact that it is not only Corona Virus which is negatively affecting the market prices, is enough to tell that the situation will not be permanent. In the case of the virus, there are already people who are being able to recover, which clearly shows that there is hope for the virus itself, as well as to the market behavior, if it is the main factor behind the huge dip recently.
It can also be due to the natural market volatility. I agree, this is not the first time that the market prices fell down in a sudden. There are multiple times that we have seen such thing and behind every market downfall, the market prices are able to recover, although, not all the time, recovery would be higher than the prices before the occurence of downfall, but there is a 'period' for that wherein the prices are soaring high.
If the growth you have mentioned is due to the Bitcoin halving, we still have no certainty with that, but I do hope that it would really be the factor that would again boost the economy of cryptoindustry. At times like these, there are really people who are selling their cryptos for the sake of emergency purposes, and priorities in real life scenario due to panic in the situation. But I highly contradict that the moment when people start to not sold their cryptos would trigger a recovery, because demand will determine the price. Not because no one sells, demand will already increase as well as its price.

If we are going to speculate it deeply, corona may last up until June. It is because there's no final vaccine or cure that has been made to stop it and it is even spreading much faster as the number of confirmed cases grows even more. It affects everything and too bad we cannot do anything about it yet but to just stay indoors to avoid getting the said virus. Maybe we can consider it as a good time to start investing but what should give us fear is the duration of this low value market we are experiencing cause all will be nonsense if it will occur up until the end of the year.

Lowest time 3 months is also highest time. Coronavirus isn't out of control from ourselves and any virus effect is temporary in history. Upcoming news and reveal news is more good than coronavirus, SA Fiat to cryptocurrency gateway by Binance, Bitcoin halving and Ethereum POS.

No it's not permanent but this situation will be here for a while and maybe some of the altcoins will never recover after this as this wasn't planned and took some teams unprepared to have extra cash to keep the project alive.

If you go below top 200, you will understand what I'm talking about. ( projects with 500%+ increase with just only 200$ volume ). Stay safe, keep cash and wait for this chaos to be over.

Probably this will not be permanent because it will be totally a nightmare for all of us if that will happen and surely we all do want that to happen because we will all surely suffer because of that. Hopefully this days we must wish that a cure will be discovered nowadays so that the pandemic virus that is infecting the whole wide world will not cured and resolved bringing back everything to normal including the state of the cryptocurrencies in the market. It is indeed that the Novel Coronavirus 2019 have an effect or impact to the whole cryptocurrency community and it was literally bad to see that a certain virus can also affect the behavior of the cryptocurrency. This means that we are already up into a serious manner so what we can do for now is to keep ourselves safe and hope for the best thing to come for both the cryptocurrency community as well as for the discovery of the cure to resolve the problem regarding this pandemic virus so that we can all live normally and everything can be back to normal once again which will be neglecting the effect of the virus to the cryptocurrencies bringing them rise up the prices once again.

Of course, it is not permanent. Why would anyone think it is? This pandemic will be addressed soon. That's why advanced countries are in the competition who will bring the vaccine first. And because we have sophisticated technology, I think they can come up with the solution faster. So once they addressed this virus concern, I think we will be heading in the positive direction again.

I am yet to see a pandemic that becomes permanent. A time will come that the solution will be preferred. Just as we are speaking by now, some people have started working on possible solution to it and very soon, there will be one.
Sometimes, what we think or feel might be short, might tarry and vice versa.
If help can be provided on time, there will be lesser effect on the market, but without that, it will continue to be felt.

Nah man, this kind of situation is never permanent, it do happen. The price of Bitcoin doesn’t go up steady, there are times it will drop. And the funny thing about what’s happening now is that the price can pump when you least expected it. There are people who have been waiting for a time like this, people who thought they missed out around $3k price earlier last year and they will see this as a good opportunity to jump on the market.

If you’re making use of Coinbase wallet you will notice that the buy rate has increased from 74% to 80%. So if I were you I’d just keep calm and still hold my coins, because when it will pump it’s going to be too late for a lot of people.

I am sure I will not belong to the lot of people who will be late, I made sure I have accumulated at this wonderful season given to us believer.
The non believer will easily panic, but they'll also start riding the FOMO once the market is set for big recovery.

What we are witnessing now is due to the panic of corona virus and its effect on the economy, but it's not gonna last a very long time that would destroy our economy, this will be stop soon and the moment it will happen, we will easily see the rise again.

Permanent ? I don't think so, this Vrius Corona can be over the next few months. Maybe in April the situation is getting more conducive because it has been resolved because some regions say that this virus can be easily overcome.

For the crypto market there is still recovering we know this is a crisis with the whole so no need to panic with a situation like this, better secure your assets and when the situation has begun to improve then buy some coins that have potential, because in my opinion a virus like this will not too long.

Agree, what we are witnessing today is a form of panic and this is temporary. Vaccines will be found and the market will recover so that accumulating at a time when many coins are cheap, in my opinion is an opportunity to make a big profit in the future.

I believe that the coronavirus outbreak is only temporary. We still remember the SARS case and the case passed in a few months and I think coronavirus too. The current condition in my opinion occurs because of panic

I think this is only temporary, because Covid-19 is a disease that can be cured. Crypto traders use the Corona issue to get Bitcoin cheaply. The spread of the virus is only due to eating wrong. Like frogs and bats, which contain nematode worms. So, just avoid things that are harmful to your body.

The Corona virus saga,is just becoming so serious,I hope the vaccine is gotten. For the dip,it can never be permanent, it's only but time,this phase will pass. I just can't wait for activities to continue,most investors are also on halt as a result of the panic created by the virus.

can indeed be cured but can also be deadly. isn't that what makes people worry? You might say this virus comes from animals that are eaten. but when it starts to spread then it doesn't matter whether we eat animals or not. I don't think this is a problem or strategy made by traders in the crypto market. this is purely from a worsening world economy.

I guess when Coronavirus vanish, the crypto will accumulate again. Also I know it will not become permanent because surely in the near time they will find solution to fight this virus from spreading. And omce it happpen then possibly the situation of the crypto will going back to normal and rise again for now we should have patient to waiit because it seem it take time before the virus gone.

"Nothing lasts forever"
Coronavirus has crashed the entire market but the crash won't last for a long time.
As the effect of coronavirus reduces the market will soon start to recover.
I believe that this would be over within 6 months and the market will start to recover by the end of this year.

Of course this is an economic problem. Every time there are new problems and develop widely, and have an effect on several large countries, it will affect the world economy. But I don't think we need to panic too much. Because someone will take advantage of the problem.

No it is not permanent and never will be but however I can't assume how long it will take to disappear neither can anyone.  Yes it is true that this deadly virus is affecting the crypto market as well as other markets but that doesn't mean it will remain that way because the crypto market has survived a lot of bearish moments and in all of these moments it came out stronger. One thing to take to heart is that, as soon as the news and panic about this virus starts coming down the entire world market will recover as fast as possible. As for the crypto market, it has its way of overcoming obstacles.

Corona virus not only affects crypto, but all real businesses are now also experiencing a crisis because most people prefer to stay indoors and activities such as tourist attractions, shops and even more must be stopped while. but I'm sure if this will end soon because all diseases have cure and now all scientists are working hard for it so don't say if it's permanent

Unfortunately, we see that the virus acts very strongly on all world markets, including the cryptocurrency market. I hope that the situation will change in a few months.

indeed the current condition of the virus is getting stronger but I see China has found a cure and began mass production and hopefully this virus outbreak will soon be over because of this virus makes many people lose because it makes the world economic conditions collapse.

if this is permanent is it possible that people who have recovered and declared healthy can be affected again ??
the death rate caused by covid -19 is not too large when compared to the SARS virus, if I see from the media more people are recovering than those who die. maybe this is only temporary and not the end of everything.

The impact of the Covid-19 virus spread is enormous and makes the global stock market slump. And the declining price of cryptocurrencies is also influenced by the Covid-19 virus. A few days ago we saw the cryptocurrency market condition deteriorating sharply. However, we also felt that slowly the cryptocurrency has increased again.

This Virus will not be permanent because many people have recovered. So we don't have to panic with the situation now. Many people suggest for more work at home. And online work is becoming one of the good jobs to work at home, especially doing crypto-currency trading.

Without truth nothing is permanent in our world. In history several virus attacked in our world and situation was more worth than now. In few months all world will declare as did China. Also everything will be under control between Bitcoin halving time. For coronavirus stock market situation also bad.

The government has been working hard to prevent the Corona virus from spreading more broadly. So the government takes a number of policies. Although this policy will have an impact on the global economy. Cryptocurrencies have also been impacted by the Corona virus news.

We believe that this virus is treatable and many people have recovered. So I wouldn't think that this would be permanent. When this virus affects the cryptocurrency and the price plummets. It didn't take long for Bitcoin to bounce back high. And the current price of Bitcoin is $6.274 and this will encourage other coins to continue to grow following Bitcoin.

First of all its affecting the fiat market and in turn it has crushed the crypto market. Due to covid-19 situation people are giving importance to health and well being rather than looking at the stocks, bonds and crypto's. This is temporary panic situation which has turned the whole economy upside down.

You never know what is up next as the Covid-19 may worsen if we dont develop cure to it asap.

Both the answer lies in the pandemic situation that we are in right now. If it worsens then there is no point of bitcoin, altcoin stuff neither fiat. Then it would be all about saving our lives.

Regarding your question, its uncertain to think anything about it yet. We need more data on current situation then we might be able to solve it.

there are explaination already in the web https://www.independent.co.uk/life-style/health-and-families/coronavirus-immunity-reinfection-get-covid-19-twice-sick-spread-relapse-a9400691.html?amp . If you made to recover from virus your body will be immune to that virus.  You will not be infected again but they dont give exact time how long you will be immune on that virus.

Coronavirus is affecting the world economy and we do not know what its magnitude will be because the pandemic has not stopped. After the Coronavirus is controlled, we are going to accurately quantify all the damage it has done. That is my point of view but the most important thing is that humanity is still in danger, we urgently need the vaccine against the virus.

The crash will not gonna be permanent. Sooner or later the said virus will be gone and the economy of our country will go back where it is before. Lets just hope that the virus will be gone faster so that we have a lot of time to recover before the halving happens. Crypto will rise up again don't worry. It happens to crypto before and it will for surely survive this kind of crisis.

if you think of one thing in particular v corona which is currently so fast attacking people in the world and also influencing especially the cryoto market in general that has been seen from the history of the ancestral century, obviously this is not permanent, it can disappear and come.

If it is time for people to be declared able to get out of their activities again all crypto markets will improve as before, now this can only wait, now this can only wait, do not know, how many months, years later this phenomenon can be normal again.
The point is; all this will pass and conditions will return to normal.

Let's pray it won't get out of hand but even presently crypto seem recovered but not enough compare to when or if Coronavirus vanished into thin air, I'm not satisfied with present crypto market, not until the virus is gone

Well, it is really true that Corona virus really affects different cryptocurrency, which makes it to be dumped, but that is really normal thing about cryptocurrency because we all know that it is volatile, which means it changes its value day by day or even seconds by seconds.

It will not be permanent for sure, bitcoin can pump again in some other days, bitcoin is really used in this situation but it is still bouncing back to high value.

Due to the need to be quarantined in isolation, people were preparing for this and therefore purchased food and basic necessities. Directly for cryptocurrency, it’s quite difficult to buy all this, so it was sold on the exchange and it was falling in price. Therefore, bitcoin fell to $ 5,000. Now the price of bitcoin has already begun to rise slowly. If the epidemic of the coronavirus does not last long, then it may still be good, but if the fight with it drags on, the situation will be unpredictable.

This effect on the market definitely can not be permanent. Once the crisis of corona Virus dies Dow, I believe the market will regain volume and even more than expected. Come to think of it, I haven't seen any bad effect on the market yet. The price we have now is still within what we had before the virus came.

I haven't seen any crisis situation that lasts forever. Its having an impact on cryptocurrency market, yes but that's not to say it will go on like this for a long time. Governments of different countries are already fighting hard to contain and stop the crisis. Soon everything will bounce back.

I don't think the wealth erosion that we are seeing in crypto and other stock markets and even the price of gold is permanent. It is always likely to happen when there is some problem just like the housing crisis.people and big investor are withdrawing their cash and they will be back in when they feel there is a good chance of recovery soon.

- Corona's influence on crypto is probably just a small part, it's not a devastation so big as many people think because crypto has had a great year, adjusting to expect higher prices is what crypto should do, the recent collapse is a correction, the virus was just a coincidence that appeared at the same time with correction, making the market a bit worse but in general, the price was still stable as planned. There is no permanent and irreversible damage when the government will gradually solve economic problems, which is obvious when the price of bitcoin returns in the previous days

Some of us are worried about how the market will be look like after few months and this kind of question often ask to crypto enthusiasts of investors that has doubt about the status of the market.

Well its not a permanent scenario however we cant certainly predict the market on the next days. I think one thing is for sure, if each country already overcome this crisis everything will be back to normal and its same for crypto market.

So dont panic and wait for that moment because it will surely happen but with no specific time frame.

Am human so I can hardly predict but however from my own opinion and how things are working out, I would say it is not permanent. The reason is this, this particular virus is causing a devastating effects on the entire world to the extent countries are now imposing stricter rules to curtail its wide spread. Therefore with the current situation it is possible to assume that every country is taking steps to come up with a cure and at this rate, that shows there will be cure and this virus won't be permanent. With the virus gone or with the announcement of a possible cure for it, there will be a huge price turnaround in the crypto market as well as other markets while taking into account that emotions is one of the traits of the crypto market.

This is not permanent! Im sure of it. Once the corona virus crisis has ended this will all be back to normal or even better. Obviously this crisis will affect the crypto market and all the people using cryptocurrencies but that doesn't mean that this will be permanent. There are no crisis that lasts forever and this will be all gone after some time , maybe 6 months or so. I think we can all agree that bitcoin will rise up again after this crisis is over.

This virus can't be permanent for sure but it will do unspeakable damages if no care is detected sooner, many will be forced to sell their coins to sustain and this will bring more damages

You guys need to be patient. This was the same sentiment we had in 2014/15 and even in 2018. A lot many of the analysts and experts had written off cryptocurrency back then. But it came back strongly. If you remember, those who invested in 2015 got almost 100x returns by 2017 December. Even those who invested in 2018 got more than 4x returns in a few months. Just be patient, and another pump may be just around the corner.

COVID-19 is the biggest obstacle to sustain on the majority of countries specially jobless people's. Not exactly, you can't specified by timeframe but it's almost sure this pandemic period will not recover very soon as far as medical science reports, at least in the year we have to face the difficulties.               

not permanent. provided the corona virus outbreak can be resolved immediately. but as we know that some countries affected by the corona outbreak began to recover and the people were able to work again. so I don't think this is permanent

Comparing Corona virus then and now, there is no reason not to believe the crypto space is regaining not too fast but slow and steady. What to know is that, this virus didn't only affect crypto market but other markets so the dump in crypto market was understood because there was panic , anxiety, fear etc everywhere in the world and the market reacted as such but nowadays there is a turn in the market hence the reason there is favourable market and good growth. So to answer the question, I don't think it will last long, because people are already adjusting and doing their thing the way they want. Lastly, this virus is a world problem and all will be done to ensure there is a vaccine sooner than later.

The corona virus effect has reduced in crypto market, right now the effect is almost negligible compared to March. If things go back to normal, maybe after a medication or vaccine is created to eradicate this pandemic, we won't have any reason to fear uncertainty of what effect the pandemic will cause. Obviously it's not a permanent effect, but I believe the crypto market will do better if there are no pandemic tensions globally. Imagine people who lost their jobs due to the virus, selling off a reasonable part of their crypto holdings to take care of themselves.