Bitcoin Forum

Coronavirus keeps getting outta hands in countries like Italy and France and others, things keep getting worse with the disease every day but I surprised me is the affectionate to crypto, it seems to stop affecting crypto already what do you think?

It also affect it when you observed carefully. We cant see the full extent how this affecting the market but, there are factors that surely related to the down fall of the market with this crisis:

• People converting into fiat for buying necessary supply
• Some holders/investors pulled out due to panic selling
• Crypto isnt a safe haven for fund hedging so therefore other remains on fiat holding and own currency

Some say, whales did the downfall, but yes every factor affect the market but we cant deny that covid19 is one of them.

This caused by crypto has already made to be an alternative solution for the financial crisis and i wanna suggest you some interesting article that will tell you a lot about the real fundamental of crypto.
https://cointelegraph.com/news/fundstrat-etoro-analysts-predict-coronavirus-crisis-may-strengthen-bitcoin
https://cointelegraph.com/news/imf-weighs-the-pros-and-cons-of-a-central-bank-digital-currency
https://cointelegraph.com/news/bitcoin-was-designed-for-a-financial-crisis-so-far-its-working-well
So many parties just realized that if crypto is a different thing. it's a revolution

Corona virus affected US the most with their 5000 new cases per day and that has caused a lot of country wide panic that has crashed a lot of their markets. with that panic many bitcoin holders feared a drop like that so they started panic selling.
we all know that whenever bitcoin drops, altcoins dump 10 times harder which is why you see cryptocurrencies dropping this much. however COVID-19 has nothing to do with bitcoin which is why bitcoin price went back up.
and again we all know that whenever bitcoin price rises altcoins get dumped again which is another reason for altcoin drops.

Whales do some dumpings, scam project did some dumping as well but we can't deny the fact that Coronavirus still affects everything in this space, it would have been better if there is no virus

actually i just feel that this corona crisis will actually help the price of bitcoin to increase using online payment .its the best solution right now if you dont want to use fiat money and dont want to be infected there is also things saying that fiat money can also be a cause of transmiting the desease to other people.

Same here too, I believe that this outbreak will help crypto gain higher trusts and better adoption too, it's performing better than stocks as we speak and that's a good thing for crypto space entirely, I guess this is Nakamoto's dream

nothing is separated from the influence of the corona epidemic, as well as crypto, although the impact may be much different. because there is an advantage that crypto can be done online and not face-to-face, but because of panic, the impact is also there. after gradually crypto began to adjust to the situation.

Crypto can be very useful in this pandemic time, we all have to stay indoor but we can still work online and send money too but now I prefer to request for payment in Bitcoin or Ethereum and I guess this is what will happen for others too

let us hope that more e-commerce companies or merchants will look the possibility of including bitcoin or other popular alt in their payment system now that fiat money is at risk of having virus. though it is considered as low risk of retaining the virus but they are not removing it from the equation.

https://www.cbsnews.com/news/cash-paper-money-coronavirus-covid-19/

With possible risk involved upon using paper money, crypto comes into the picture. This will be a good opportunity to enhance the crypto adoption. And merchants will play a big role in this as they will be the ones visited by the masses everyday of their lives.

If we look at the current condition of crypto prices continue to improve. I think the corona virus does not affect the crypto problem. In fact, I think this is a crypto opportunity to distract investors from real investment into digital crypto.

Agree, it may be a temporary factor, IMO, due to the sudden increase in the number of cases that triggers the big panic among the community that leads to the sudden downfall of the market, of course, 'cause of the massive selling of the assets for them to buy necessities that could save them staying at their homes for a while. Well, in the case of stock markets, I kinda think that it was a different story. The thing is that COVID-19 did play a major role in pulling down the markets though. Anyway, we should take an opportunity to buy some stuff back then 'cause just look at the market right now, everything seemed going to be fine now.

We have seen the short term effect on crypto, haven't you seen that bitcoin dip as long as $3800 during the flash crash about a week ago? So indeed everyone is getting hit by the pandemic scare.

However, it seems that crypto is decoupling as far as traditional markets, which mean that we might see crypto flourish while the rest of the traditional market is going to suffer in the long term.

The virus affected the cryptocurrency in a very negative way in the beginning when people were too worried about the virus. We need more time to assess if it still matters, and I think it still exists.

We must not stop to work and influence crypto, because whatever the conditions that we are experiencing today, we must continue to work as usual so that our living needs can be met as usual, and if we cannot work outside the home, then a very good choice is stay at home and always work like it's outside.

To some extent I will say it affected crypto, perhaps not directly,in as much as we think the whales were the cause of the fall of the bitcoin price,some how the Covid 19 also affected it,because many people sold off ,and would want to keep fiat close,only the strong hearted maximized the opportunity to buy crypto, gradually everything will be fine.

That all what write would be great, if only crypto would be more accepted world wide.
So far this limitation of working from home and buying everything online only strengthen and make banking services more popular.

I would love to pay more in btc or eth, but local medicine store or food store accepts only euro...

I don't think it's affecting crypto to stop because it is the right time for people to look for other payment methods because some of them are afraid to use cash to buy in a local store. By using crypto, they don't have to touch hand by hand, but they only scan the barcode to see the amount that they should pay. They can pay directly from their wallet on the mobile phone so that they can prevent from hand-touching.

I've seen the market now and it seems they are increasing, this is good. I guess people are now using cryptocurrency hope this will continue the up trend.

It might not look as if it is affecting crypto but it surely do since it is humans that are involved also not just crypto but other markets but maybe I would say it is lessly affecting crypto as people are seeing the need to give it attention since it is showing more growth than others. Also, one of the shortcomings here is, crypto is yet to be widely adopted into several services thus even if you hold, you are limited to what you can buy, where you can go and so on hence the need to also convert to fiat. But also, holding some good coins or even stablecoins can be a good decision.

Crypto is still being affected by the outbreak because of people who are dumping and this has caused a massive panic, selling and fear.
But in literal talk, there is no interconnection of crypto and any outbreak but the people who are in crypto were affected and did the said actions.

however the corona epidemic clearly affects the economy, so does crypto definitely have an impact. maybe the impact is not too big compared to the fiat movement itself. because it is clear that crypto is very advanced in all respects and does not need to be related to humans who are actually retained with the transmission. not even with its own fiat that moves people's hands to other people. that's the advantage of crypto with events like this is very good for transactions. I hope this plague can pass quickly.

Yes, if we look at what is done by every government in all countries, then gradually everything will be fine, it's just that it takes a lot of time in handling this Covid-19, because every day there is always someone who died from the virus. , and every day there is always something monitored by the medical authorities and the authorities, so be patient and always monitor the situation of the crypto market.

As long as this crisis will always happen and crypto will always be a solution for those who are getting infected not only in their countries but it's also their financial system to do a transaction and this will be a big chance for crypto to take the opportunity to make them realize about the true potential of crypto. Massive adoption is happening right now.

Nothing will be fine. The economy is demolished so we'll be affected from literally all sides. Some countries still did not take the necessary measures at the right time so it's gonna be worse in some countries than in others.

This is something that lasts years, not weeks or months, and will affect every single one of us.

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Cryptos will be going through some very volatile times. They are very affected, just like all the other assets. Welcome to the crisis and the ultimate test of cryptocurrencies :)

Corona Virus is now rapidly spreading its dangerous effects on the all countries of the world where all countries are affected. Italy, China, France and Iran are the most affected countries so far. India, Pakistan and Bangladesh are now on very risky position. Everyday it is spreading its affect on more and more people in the South Asia. This corona effects are on the crypto market also and price became worse than in the past few months. We have to face this situation in the next few weeks.

It's not totally corona virus that has made the market dumped but we can't deny that this virus has made a negative huge effect on the crypto market. Investors are doing panic selling of their coins for fiat so they can also provide their family with basic supplies at home. Other investors too are also making use of crypto to purchase goods using digital transactions because paper money too is a big threat that has made the virus spread fast because corona virus has been detected that they are also living in paper money.

It's good that the crypto market is recovered very soon, otherwise, it could make more panic. But I don't think this is affectionate, we can see another major dump anytime soon because the coronavirus outbreak is not gonna end soon rather it's increasing every day! So, be alert with your investment, stay home and stay safe!

Crypto market seems the only expection from the deep fall since stocks and other asset values keep falling every day with no limits.But cryotos may get affected again if the corona wave created again all around the world so keep yourself stacked with fiat money then go for any kind of investment.

People needs to hold real cash and with fears of this pandemic virus investors are likely cashing out their assets not just inside crypto but
together with other forms of investing. The panic is for real so even there's no direct connections literally speaking if there's no money inside
the market surely the value will keep on falling a part.

The numbers continue to grow https://topic.newsbreak.com/covid-19.html, but don't panic, keep healthy and wash your hands often. Let's help the medical team with self-quarantine or social distancing so that the chain of transmission of this virus is immediately broken.

You are right, sustaining life (health and basic needs) and business are the priority of most people so that a massive crypto sale in single day takes place on March 12-13. Panic is normal, but we can see it is only temporary and now we can see green candles everywhere. There is always a chance in trouble, most people panic sell, most others get the chance to fill a bag.

I hate the impact of the virus on the cryptocurrency market because I no longer get a huge volatility on WRX while day trading it. The virus hasn't die yet neither has vaccine be released by WHO. for treatment.

Nothing is immume from COVID-19. it affects every sector and counties. Crypto has had it's own share . We hope it doesn't go worse based on the virus trend now. If cure comes out as soon as possible, things will change quickly and positively.

This question has been answered a thousand times and there is no update regarding this case. France, Spain, and Italy fight against the consequences of Coronavirus and today more than 700 citizens has passed away. There is no strict affection rate in the crypto ecosystem yet, prices will drop more if the pandemic goes further.

Do you think corona disease will affect the cryptocurrency ? I don't think so, maybe just affecting a bit.
Cryptocurrency activities can be done from any place, even isolated peoples can still involving in cryptocurrency.
Corona disease is greatly affecting other aspects indeed, but i think not too much in crypto.

Yes, at the moment all the district and city sectors are influenced by Covid-19, causing a lot of citizen activity to cease and everyone must confine themselves at home, but for crypto there is also a slight influence, due to the decrease and increase in coin prices in the crypto market it has more influence on the panic of traders and coin holders, so they prefer to release their coins or tokens at the price requested in the crypto market.

Since the beginning of February, a large number of investors are suffering because of the coronavirus outbreak, in which is considered as a big burden in the world of crypto, in the middle of the breeze the virus was spread out and kills thousands of people in China and continue propagating through the borderlines of Italy, whereas right now their country is in the bottom of dark and bloody, and despite, even there is a campaign against covid-19  the bitcoin has been recovering their career from the downfall, hopefully, this will continue, in this connection, many questions regarding covid-19 and the prediction was, it is coming from the nasty animals and bioweapons but, there is no certified evidence because it is under investigating by the government committee of the affected area.

If we compare the statistics in the past days the crypto market now was slowly recovering, bitcoin price was slowly catching up, it manages to reach $6800+ in the seven day period some altcoins are also showing positive gains, thats why in my opinion the effect of the Covid-19 pandemic in the crypto market is just temporary and the only reason is the scare, that triggered a massive sell-off on their crypto holdings, I don't believe the latest drop of cryptocurrency price is a whale manipulation. but I must say that it is highly possible.

Why do you think it doesn't affect the cryptocurrency market? Last week it caused the market to collapse and many investors were losing money, now the market volume has dropped a lot because people are scared. If you observe carefully, you will certainly see corona virus with global influence

With the existence of Corona viruses all the countries feel very hit because of the many problems that arise, and also with the virus is a lot of times that eat victims so that there are already lockdown countries for now there is no vaccine can Cure this virus, we as crypto users of course also feel worried about this problem because it can interfere with the market movement, so hope we all these problems will quickly expire.

Even china has a difficult time with this virus it takes them 2months to reduce the infected of the virus in thier country. That lockdown is really big help  if people listen to the government and just stay at home to prevent them from spreading to other people. It will reduce the infected plus they can focus only on those people infected to cure them.

It shouldn't have affected cryptocurrency in the first place since the industry isn't related to the general market, we don't follow their rules but since human factor still has a huge force in the cryptocurrency industry that's why fud/fear came in and gullible Investors/traders started selling their bags just to avoid losses and once the downward trend began others had to follow to avoid losses.

Manipulator in the person of whales saw it as an opportunity to play with the market to make it work in their favour so they dump theirs bag on the market just to create more fud/price dip and bought back at the dip. Everything is getting back to normal and the market is gradually recovering.

In couple of week the hype will return back since halving is around the corner. We have just about 50days left for the event to commence. The market still has some atom of doubt in it that's why it seems the recovering rate is slow although that's normal considering everyone is in panic in regards to the Corona virus development.

It does affect crypto. Many are selling their crypto in exchange with fiat to buy some foods, etc (like me)because we were advised to stay ay home. This cause the dump of the btc market since panic sellers can't be prevented in this dilemna. I do hope this covid 19 virus will stop spreading so we can procceed to our daily lives as well as the investors. Also, our economy and cryptocurrency will start to recover soon after this crisis.

I don't think so mate, but I think this COVID-19 really affects the cryptocurrency, even though it is decentralized system it cannot pass the bad effects of the virus. All things are being affected by the virus, those traders, investors, players convert their cryptocurrency into fiat currency to have money to buy goods that they will be needing on the crisis and that is why the market falls as well.

If I have so many cryptocurrency I will hold it instead of converting it into fiat currency because I am sure that this cryptocurrecy will bounce back again.

Italy and France is getting better as it seems, it has killed more people in the past 2 months than many wars in the past decade as it seems (except a few in middle east) so I could safely assume that people realized the horribleness of it after a while and that caused many people to stay at home and when they stayed at home those people who were infected basically either recovered at home if they are healthy people, or the sick ones went to hospital but since life was stopped there was no more transmission of the disease, or at least a limited amount.

Obviously since it is 14 day hatching we reacted very late, but the prevention we have are now showing itself already. Hopefully with over time we will get to zero deaths a day, maybe we will never have zero but we can get close to it.

Yeah, it's the likely the effect of the outbreak and everyone is forced to sell for the sake of holding cash. We still need cash but we know that everything will go cashless soon.
They'll make this as a reason to avoid the physical possibility of the transfer of the virus.

It's globally. No one can tell for how long, it's will naturally fade off. Cryptocurrency is only going through same crises and the world. The CoronaVirus is actually a virus affecting human race and it's existence. This actually makes alot of people to dump there holdings with the fear of the unknown, due to the high spread of the virus

So many people are now at home and they are looking for what they can do with their time. Some of them have chosen to invest the spare money they have in crypto. That i think is one of the reasons why the market is moving uptrend. Although, that might not be the only reason.
You know, someone cannot just keep spending, without looking for a way to increase what is at hand. The future has to be protected.

Maybe it’s no longer affecting cryptocurrency, but I can’t really tell if that’s right or not, I am just happy that the price of Bitcoin has recovered and going up, currently above $6100.

We all know for sure that Coronavirus is not the only thing that caused the Bitcoin price to fall, there are lots of things that have led to this decrease in price, but they are all in the past now except this Covid-19 which I strongly pray everyday that it ends, I just don’t understand what kind of devilish disease is this really hope that it stops once and for all.

We might not even be feeling the real impact yet.
It might come after this is all over.

The last dip might came from the volatile feature of bitcoin. We all don't know that.
But this recent ones could be from us selling bitcoin in exchange for cash to buy goods in case worst things happen again.
It is not that bad to be ready right?

in this situation its better to secured your money in your hand than investing , you all know that you are in the lockdown why will you risk your money if you cant even know if you can survive if youve been infected , so investing is not a good choice.

You will aslo need your money daily for the foods that you will need during lockdown.

Agree cryptocurrency is already affected at this time since the COVID-19 virus spread so fast comparing it to the other pandemic virus in the past.

We could totally take control of the virus if we act fast but the virus is spreading fast but as soon as we contain the virus the casualties are surely going down also.

Cryptocurrency could really be useful at times like this but surely the market price of cryptocurrency is already affected at this rate and this will have a big effect on the cryptocurrency if the virus continue spreading.

Not going to lie my portfolio is hurting right now but some coins are worth hodling.
Right now it's pretty bleak out there but there is hope on the horizon.
For example TemTum, with talks with governments to provide them with a national currency due to break (once coronavirus is no longer the only topic of discussion) patience will certainly pay off

Nope, i don't think so as the market is not yet stable. The cryptocurrency market is still going through fluctuation and not just cryptocurrency market but other investments options too. I believe things are getting better as scientists are close to getting cure to the coronavirus pandemic and china about open their lockdown to let people start their normal activities again...... The cryptocurrency market will soon experience a stable state

As of today, the cases in different countries around the world is still massively growing in numbers. This is already alarming because all sectors are being affected by this Coronavirus-19 pandemic.

Cryptocurrency prices in the market also gets down together with the increase of the cases maybe because people who are using cryptocurrency tend to convert their cryptocurrencies for a while and turn it into fiat to sustain their necessities to survive and keep themselves these days. People tend to focus more into providing essential needs that is why trading is somehow being set aside for now which makes the prices of the cryptocurrencies to fall down. Also, people are taking advantage of the situation in which even the volume of demand is high, but the bidding of prices is being lowered to take the opportunity of obtaining cryptocurrencies at a lower price rate. Those are the reasons I think which makes the prices of cryptocurrencies go down in relation to the Coronavirus-19 pandemic.

That's right, friend, as a result of the Coronavirus-19 pandemic, the impact is so pronounced, I think not a few cryptocurreny holders are more willing to exchange their cryptos for fiat currencies for their survival, hopefully this plague will leave soon and the market will return to normal.

When compared to the impact on other financial markets, the cryptocurrency market is recovering faster. Commodity prices are still many that have not moved up, even the price of gold still looks stagnant. I think this is a good sign for investors or holders

Yes, and several other countries have also begun to be active in dealing with the coronavirus epidemic, and have begun to carry out activities as usual at certain hours, so that people have started to think about their work again after a few days of experiencing lockdown simultaneously.

It’s not only Bitcoin , there are other assets and stocks that seems not to be affected by the Covid-19 situation any longer. Most of them has been recovering. I noticed that gold has increased and the current is somewhere around 52,000 dollars. And silver has also been going up a bit after falling from over 580 dollars to 380 dollars; the current price of silver is $462.

So, some stocks and assets has been recovering from the fall and Bitcoin has gone from the low price to over $6600 dollars. I hope that it keeps going up like this , just wish there is going to be a huge increase after May.

Covid-19 is become epidemic. Around One million people are affected by it. It's become grisly day by day. Many cities are already locked down. People are being ordered not to leave home and stayed at home. You may know that Ethereum Community Conference was held on 3 march to 5 march. And it is a very sorrowful news, 6 people are affected by coronavirus on that conference. If this continues, then cryptocurrency will  be affected too. We should maintain the proper rules and avoid all of the conference meeting and gathering places.

I've heard about that conference. They should've cancelled the event prior to the awareness and safety measure of the attendees because of covid19.
It's a bad move for them but I think many are not aware of that event and it's starting to be forgotten quickly.

So far, with recent pump in BTC price, it's looking like corona isn't affecting crypto very much. But situation is getting worse and there might be a significant drop in the near future because people will be needed more cash to spend.

to break the chain of development of this virus, it must be done with social distancing, so that the nature of the virus that sticks does not move on to other people, and with the virus incubation period of 14 days, so many do lockdown during that time, even Malaysia adds an extension of the lockdown period

Yes, most lockdown are extended to secure the safety of everyone.
IMO, the topic is related to crypto and what you've just said, I can't see the relation of what we're discussing.

This small pump gives a good looks for those who able to invest even the economy is in crisis, they can now have something to harvest
and its  perfect timing for them if they are in need of money to provide for their daily needs.
Corona still around nobody knows what will be the next movement while the crisis still here.

I don't think so. If crypto can bring a positive result to be an alternative payment system and those new comers from the infected countries will never try to leave the crypto and a significant drop will not happen again. As far as i know if crypto has gained a really huge demand. What we can do to defend this demand.
Crypto is not easy to be dumped again to the bottom.

Im not so sure about the pump since its suddenly revert back. Whales are busy luring out investor with this. In my opinion, we arent even close to recovering what it loss. Imagine the price before everything went down. W are just half of it, and I dont want to be optimistic in this kind of situation especially the covid still getting worse.

I just do hope many investors will realize the potential of crypto that its not waive unlike stocks and oil and gas.

Although we see bitcoin got a pump, the price now is down again and back to $6,700 level, but we hope that the price will be reached another pump so we can still make a profit in this pandemic. We also can hope that this pandemic can ends soon after each government still trying to cure the people who got infected. Many wish from every people out there wants to see the situation become normal again so they can do their daily activities in out of their homes.

atleast it recover some amount   because before when the virus is at its peak the value of of btc were also down under 6k usd  .  now that the virus is now getting calmed the price of btc also became stable but still needs to recover again like 2k usd something  in order to get back where it was before when the time that there is no covid yet and the crypto market was stll healthy   . meanwhile there is still ongoing lockdown and quarantine on our place but people seem to be calmer now , now that we knew that many are still recovering

Bitcoin price movements and some altcoins are better after investors are panicked by the news that many countries are locking down. Compared to the stock market and commodity markets, cryptocurrency is still better and this is seen with the price of Bitcoin which is now at $ 6800 after plunging to $ 4500

Before it affected crypto a lot because many were selling to fiat but nowadays it seems to be stabilizing and panic is reducing, could be that people have stop selling as they have come to see that crypto isn't going anywhere. People massively sold because there are not enough platforms accepting crypto as a means of payment that is to say, had it been there are enough platforms doing so, most won't sell since they can still buy goods and pay for services. All in all, this pandemic is still around therefore that uncertainty still exists in all markets.

As long as this virus stays, the world economy is affected cryptocurrency ot left out. Cryptocurrency can be manipulated more than other stock markets due to the volatility and whales activities in cryptocurrency.

I saw someone that was asking this same question about Dow Jones in this forum yesterday; he was asking why the Dow Jones Industrial Average was going up at this time instead of down. When I was replying to that question I also pointed out that Bitcoin was already going up and not just only Bitcoin, but altcoins as well. I can’t give a reason on why the market is already going up after this. Is it that things are getting back to normal or what?

Though in the case of Bitcoin I would say maybe it’s because of demand increase, because if you check some exchanges you will notice that the buying rate is higher than selling.

Somehow if you look at it, it is still affecting crypto because crypto is still under the care and influence of humans and these humans are still suffering what this Covid-19 has caused such as bad market growth, low prices of most coins, etc; so isn't it affecting crypto? However, nowadays people are understanding the importance of going for trustworthy coins starting with Bitcoin which is why there have been an encouraging growth so far. Better still, the crypto market seems to be taking a good stand more than other markets, which is also good to start with.

Remember crypto is still trying to recover from the crash that happened. It has greatly affected crypto in general. Let's say there wasn't anything like the crash , then we should have passed where we are now. So it has greatly affected everything so much.

It is a fact that the situation in the India and France are getting worse and worse as time passes by but it this is the problem with us in which it is really a pandemic virus so we just really need to follow the orders of the world health organization for this virus to stopped and to lessen the outcomes of this virus. This will stop affecting crypto once the virus will already ended so we need to cooperate to stop this virus on spreading and affecting the crypto market.

Maybe because of the price of bitcoin presently but when the virus were fast spreading in Europe and people were dying the price of the crypto were also affected including the stock market. The reason behind the current rise might be because of the halving that is coming soon or price correction

If you haven’t noticed, then the US Federal Reserve carries out full-scale support for stock markets, pouring a huge amount of money there.
Which in turn leads to a certain stabilization in both the stock and cryptocurrency markets.

It is now severely effecting almost all the countries in the world and it is really a pandemic causing fear and depression in general public globally, i think controlling it is the need of the hour, even the wealthy and medically ideal countries are struggling to cope with it, situation in under developed countries is really bad.
As far as its negative effect on crypto market is concerned i think market has already absorbed the pressure caused due to panic of this virus and i think fron next month we can see crypto growing again.

Bitcoin price noticeable dump in one week but you think coronavirus didn't effect. Price is now recovering after dump. Every time price will up as now after any correction. Still price is in dump because Bitcoin price is now deserve more than 20k. Price will more rise during halving time. This effect will show after vanish coronavirus effect.

I think the impact of pandemic is still here and not by any means has stopped already. Those small crypto users are still cashing out to augment their needs. I believe we will be in good position once the effective cure has been identified and the vaccine to be available commercially.

People around the world are greatly affected by the Corona virus And people can be more affected by it.Many people have died from the Corona virus The biggest impact is currently in Italy and France The virus has not only affected human life He also closed the business As with crypto currency Stock Exchange and other businesses, it is almost closed Such a virus restricted people to homes. Take care of children and your health with this Corona virus

Most of the jobs in the world has shut down due to this pandemic and the only job that is not affected in the online job where you work from home. after that, only 10% of the jobs in the outside world remain. Due to this pandemic, the vision we see about the Coming Bitcoin Halving is in jeopardy. everyone was expecting the record-breaking bull run but as we can see that is impossible as of this moment.

obviously mate , we can see it by looking on the value of the coins   . most crypto coins are still stuck on a rut   . we can only knew that the covid situation has been recovering once cryptos were start moving in new heights    . like you said , i was one of those who constantly sells  .

 i sell my coins more often ever since the covid issue started because the banks on our place are closing and wont allow fiat withdrawals   . the good part is that i have my monies left on cryptos   .  this  shows that cryptos are really helpful in times of crisis 

I think covid will have a neutral effect on crypto. Not much will change but crypto won't get hammered by the money printers devaluing the currency with stimulus packages.

Many suffer from pandemic coronovirus. Many factories closed and many workers were affected, which is why why the world financial markets experienced a decline including the cryptocurrency market at the beginning of the coronavirus spread throughout the world. But this effect will not last long because after the discovery of the vaccine, I think the market will recover

in fact the corona epidemic is not expected to survive in a country crossed by the equator, aka the tropics, when it began in the wuhan, the atmosphere there was winter. but the prediction was missed, and many tropical countries and even developing countries experienced and under uncontrolled circumstances. because many countries have been affected by the corona epidemic, it is certain that it will affect the economy, because many factories are closed and many jobs cannot work, only those who use internet services can work from home. if you see that crypto should not have too much impact because it does use internet facilities. I hope this Corona epidemic is fleeting and the economy and job mobility can go on as before.

The corona virus has completely touched all spheres and still continues to penetrate into many spheres, and cryptocurrency is of course also one of the spheres that has suffered very much due to the corona virus, but as we can see now, the cryptocurrency market has again returned to those positions that were before the beginning of the corona virus.

I don't see any reason why Covid-19 wouldn't affect crypto like it did with stock market. Remember, cryptocurrency today is not outside of the market anymore.

I think the cause could be China, when covid-19 started to spread strongly in China cryptocurrency losing tens of percent of value. Now China seems to have contained the disease, and cryptocurrencies have recovered.

Mainly crypto can be use for your alternative online payment gateway likes it will best way to use instead of FIAT currency because now banks going stopped for lockdown. And it will too much effective all of crypto familiar countries here those guys can buy foods,medicines. So i think cryptocurrency payments can be help to mobilizing so many things.                    

Even in this hard market crypto like BTC are doing their best, this pandemic has caused a lot of this especially humans daily need because the lockdowns are still in progress in most of the countries. However I am really impressed with the way crypto market is performing now even though the value gone nearly 5k and again it's pumping is really good to see hopefully the price will go up and we can expect a pump till halving.

Duh. A lot of people are converting BTC to their local currency right now due to the panic. It's either that it is a coincidental effect for cryptos especially Bitcoin where it plummeted down to 4k before or corona virus truly affected it.
We're starting to recover anyway so can we please stop posting more coronavirus & and its effect to cryptocurrency threads?

I think there was a small impact on crypto but not that big, I think people now are afraid to use cash and in future will consider an alternative payment option, digital money.

In any case, digital money will become the trend of the future, and the point here is completely not the virus. It is corny to us so convenient.
The virus only reveals the problems of current systems that we don’t see when everything goes well, and our systems are not exposed to stressful effects.

I don't think it is now, the market is now getting back on it's feet, and recovering if we can contain the virus then we are good to go her ein Cryptocurrency, our love and support in Cryptocurrency is always here it's just this pandemic is to big that we need to address it immediately, once things settled

Economic situation affects the cryptocurrency market indirectly. Due to the pandemic cryptocurrency holders were forced to sell their crypto since most had been laid off from their job. People need emergency funds during this pandemic. Of course this will cause panic to some holders as well.

Thats true and now there's a virus spreading we appreciate crypto more due to the convenience of using it like for digital payments and sending money without intermediary.

The market started to move upward it might because there are new investors engaging in crypto, they have more time now spending on the internet due to lockdown.

No, the economic situation is not what affected cryptocurrency for it the current pandemic situation that affect cryptocurrency and it is was the economic crypto currency wint have experience the current surge momentum we're seeing now.


The covid 19 virus does expose the vulnerability of the fiat currency and the economic and i guess this was what Kiyosaki see coming when he positive statement about bitcoin to be the better option.

At present, the Corona virus is the name of a panic that has spread throughout the world as pandemic has prompted the government to order people to stay in their homes. The daily activities of the people are stagnant as the economy is having adverse effects. The common people are desperate to escape their respective positions. Therefore, they are becoming more terrified and are creating a crisis by buying medicines along with over-the-counter foods. That's not a good point at all. The government of each country should stand beside the poor people in their own country. But still, the crypto market seems to be taking a good stand more than other markets, which is also good to start with new adoption .

At the present time I am drowning in excess of the damage caused by the corona virus. It's a very bad time, no one knows when this situation will end, when will the COVID-19 epidemic end? When will the coin market be normal again ??

Things are getting back to normal I guess ::). At the start of this year the price of Bitcoin was affected and that’s why it fell to a lower price.And it’s not just Bitcoin that was affected by the pandemic, a lot of other cryptocurrencies got affected. But the market has been recovering as of recent, and a recent article on Coindesk is signalling that there might soon be a FOMO and the price will go very high above the current.

Nobody knows when the Covid-19 pandemic is going to end. There are lots of people who are fighting towards that, and a lot of scientists in different countries are fighting hard towards finding the cure to the Coronavirus. The vaccine that is being talked about would take a lot of months before it’s released.

not only you but everyone is experiencing it, we can only hope that it will all be over soon and scientists will soon find a vaccine for this virus

Stay patient and always try as much as you can, because complaining about this bad situation will not immediately change it to be good, so stay patient and always try as much as you can at the work you love.

Yes, and so far no one has found a vaccine for the Covid-19 virus, it's just a way of handling it that already exists and is able to be done by everyone.

Everyone should think differently to protect the crypt platform from COVID-19's hands. Let's find out new ideas and shape them into reality.

At the initial stage, it affected stock market and gradually crept into crypto which lead to a massive dump then but gradually most people got the hang of it and focused on crypto since it offers better alternatives and opportunities than stock markets. Even at that though, people are still selling their crypto to hold fiat for many other reasons. Either way we see it, it still affects everyone in one way or the other thus we can only be patient, play our own role and hope for a possible cure soonest.

In this poor state of the economy, people are overwhelmed, and the Corona virus has spread in every country. At this time, the status of the blockchain cryptocurrency market is also very high, most of the trade-offs have been announced. As a result of the virtual business emergencies, traders have been stagnant.

It should have affection on crypto because COVID-19 disease have great impact on the economy of the country which suffering from it.
The more peoples suffer from covid-19, the more money will be needed to cover them, so it is affecting cryptocurrency market indirectly.

Everything's gonna go back to normal for sure. We're already seeing Bitcoin going back slowly to 5 digits even though it already had one day.
We should focus surviving this pandemic instead, and market will follow.
This time it is the market that'll follow us in this situation.

Many of us are talking about different ways to trade in this epidemic, I don't know how much of those methods will work. But I don't think that will work. Because it takes a lot of time to get the whole world out of the horror called Corona. Hopefully the passage will happen very quickly.

At first, I mean during the time the pandemic was severe, many people took different decisions for their own good and betterment such as selling to USDT or fiat and every action then, I think was understandable. However, nowadays, it seems people have understood that in fact the crypto space is different which I think the result is in the encouraging way the market has been for the past weeks. Therefore what I think of all these is, although there haven't been any vaccine yet, people have refused to allow the pandemic limit them from doing certian things like looking for a way to sustain themselves etc, thus sooner than later activities will be back to normal in the world while the hunt for a vaccine still continues.

Coronavirus has a negative impact on the industry, tourism, trade, stock markets, and of course, cryptocurrencies. The sudden price drop is not only a shock to the market, but also a challenge for crypto exchanges. We really don't know when will it end and if there are a vaccine already, but we must be patient it will be back to normal.

When coronavirus began to spread outside China, it became clear that COVID-19 was no longer an internal problem in China. Once the epidemic hits other world powers, the first few blockchain conferences were cancelled immediately and the cryptocurrencies had begin to fall. However, it won’t be the end of crypto.

I also think that this is not the end of cryptocurrencies. I even think that this is an opportunity because during the epidemic there is no more reliable and convenient payment tool for some goods or services between countries than cryptocurrency.

Coronavirus help cryptocurrency to introduce it more around the world and it help open the eyes of the governments how important the digital currency is. I saw some news on tv and social media about governments planing to create and use digital currency for cashless basis.

for using crypto and blockchain technology it might get better. but nowadays the market conditions are more difficult. You can see updates from bitcoin which I think could be a pretty good pump, but in reality, nothing happened. even some updates from the project were also postponed. this is very bad for the crypto market.

But the thing is bitcoin is still not globally accepted. Like in the US there are some parts of America still don't legalise bitcoins same thing in other regions of Europe and Asia. Some people still prefer using bank credit/debit card as it is more convenient and you can use it anywhere and whenever you like.

Coronavirus affected technically every sphere of life cryptocurrency inclusive. Remember at the wake of the virus, Btc dropped to 4k zone as well as other top cryptocurrency. The effects are loosening up and everything will soon be back to normal.