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Author Topic: Coronavirus ain't helping  (Read 2628 times)
maruf01788
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April 19, 2020, 12:53:44 PM
 #181

The Coronavirus is a curse, it's not good for crypto. Because the progress of many projects has stopped due to Coronavirus. Coronavirus has negative effect in crypto.
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April 19, 2020, 01:16:23 PM
 #182

There is a real chance that people will start paying close attention to cryptocurrencies.Although it is likely that most will prefer to store their funds in a Fiat currency.But this is not accurate.So far, I do not see a special impact of coronavirus on the increase in capitalization.
Yes, specifically the coronavirus impact on cryptocurrency is invisible, only in this case everyone is alarmed by the covidand pandemic19, which has inadvertently affected the cryptocurrency market.
Covid-19 destroyed this economy in the first 3 months of this year and if it is prolonged, this year will surely be the year of the global crisis and hundreds of millions of people will lose their jobs. Since the arrival of covid-19, I have had a lot of financial difficulties and always have to be careful of the people around me. Of course, I am trying to survive in the modern world and hope this disease will soon have a vaccine.
Well, the government around the world will trying to reopen their economy amid the pandemic simply because they can't handle it and if that happen these hundreds of millions people that you mentioned will not lose job and ofcourse that will be very risky and could be said sacrificing people for the sake of economy. I really hope that vaccine is invented and we get over it like nothing but that's still 1-2 years in the future.

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April 19, 2020, 01:25:13 PM
 #183

The Coronavirus is a curse, it's not good for crypto. Because the progress of many projects has stopped due to Coronavirus. Coronavirus has negative effect in crypto.

I am not much concerned about these shit projects. Good that they got stopped. Else a lot of the investors and bounty hunters might have lost their time and money. But overall, the pandemic is having an extremely negative impact on the cryptocurrency market. I expect the prices to go down further, as millions are becoming jobless everyday. They will be selling whatever assets they have to cover the daily expenses and utility bills.
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April 19, 2020, 01:25:46 PM
 #184

The Coronavirus is a curse, it's not good for crypto. Because the progress of many projects has stopped due to Coronavirus. Coronavirus has negative effect in crypto.
It is not a curse but it's like the other diseases and viruses that spread and became part of the history.
It can't be denied the negative effect of the virus but don't ignore that it recovered pretty good after wards.


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Bestmanbuka
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April 20, 2020, 10:04:34 PM
 #185

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all
The world never saw coronavirus coming if not everyone would get prepared for it in all ramifications of life. The world is on total lockdown for a crime committed by one city in China. They even conceded information about this at earlier stage and opened up when they couldn't hide it. All countries of the world should sanction China for affecting lives. I pray cryptocurrency will get back to normal in no distance time.
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April 20, 2020, 10:29:47 PM
 #186

I think Corona has nothing to do with cryptocurrency so why do you expect anything in the current situation. this has only had an impact on the world economy which has been getting worse until now because everyone is afraid to leave the house

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April 21, 2020, 01:52:23 AM
 #187

I think Corona has nothing to do with cryptocurrency so why do you expect anything in the current situation. this has only had an impact on the world economy which has been getting worse until now because everyone is afraid to leave the house
Covid can affect cryptocurrency is some ways like less investments for ongoing ICO/IEO because it's better to save the money instead of investing it, probably some people are cashing out their crypto investments because they need money resulting for the price to drop.
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April 21, 2020, 02:37:58 AM
 #188

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

Indeed. We all have high hopes this year for the whole crypto community when the year have started with the great increase on the prices of cryptocurrencies in the market most specially for Bitcoin. It is just that the hopes have all of a sudden fall down with the outbreak of Coronavirus which become one of the factor for the crash in the prices of cryptocurrencies. Coronavirus was really not good because not just the health sector is being affected but all the sectors in the whole world specially the economic sector which affects even the stock market. But we must not loose hope for the year still do have many months to make a recovery from this crisis. Let us just all hope that this pandemic will soon to come to its end to make everything slowly get back to normal again which will surely reflect to the cryptocurrency market as well.
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April 21, 2020, 06:25:58 AM
 #189

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

Before the outbreak of this Corona Virus, we have all anticipated to see uptrend in the the crypto space by 2020. Infact even dead coins began rising. But ever since this virus outburst, the whole crypto space have seen a great downtrend in the markets. Not just the crypto space alone. The world economy has highly been affected by this pandemic.

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April 21, 2020, 06:58:07 AM
Last edit: April 23, 2020, 06:57:43 PM by Bitcoinislife09
 #190

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all
Right now we are experiencing a pandemic due to covid 19 disease. With this the economy of the country is subsiding. The value of the cryptocurrencies are also subsiding. This pandemic already cause a lot to many people around the world. If this would continue the economy will be very affected. This coronavirus aint helping the people but it is destroying the people. With regards to this we must look for another way on how we can gain and earn money. Since the value of the coins is low we must buy coins and wait until such time that the value becomes higher then we van sell it. For a lot of people that plan might work but for some selling is the best option is you already low in funds to survive.
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April 21, 2020, 07:34:50 AM
 #191

I do not understand how you thought a cryptomir could be helped by such a disease, and most importantly, fear, which is now all over the world. If luy does not have money in real life, then where will the money appear in the crypto world. Everyone is losing money. It is unlikely that those who are far from cryptocurrencies will now think about it. People think only of two things, how not to get sick and what to eat.
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April 21, 2020, 10:56:14 AM
 #192

The number of deaths caused by this virus is still small compared to other diseases that always lurk human life every second. The media is spreading fear for everyone the possibility of disrupting their economy. Everyone does not need to panic and strong cryptocurrency to face this
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April 21, 2020, 11:09:49 AM
 #193

The corona virus disaster has made the market situation lame for several altcoins, however it is not all the time that it ain't helping, because i think whenever the market comes to a falldown, it is actually an opportunity to buy more coins for future investments since the prices of several altcoins becomes low.
Yes, and only smart people are able to take that opportunity, because when the virus Corona pandemic occurs, the average person becomes panicked and scared, and that makes them release all assets into the crypto market.
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April 21, 2020, 12:35:44 PM
 #194

yep, corona virus is damaging the market and also the economies. I'm expecting a good year for cryptocurrencies because of the halving, this can bring improvement of the market.

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April 21, 2020, 08:00:28 PM
 #195

I do not believe that anymore, every single bitcoiner has connections to internet and they can literally talk with each other and simply learn as much as they can about what people do.

If you are still get scared during crisis and end up selling everything, that is your own fault, I do not believe it is normal, you should have learned by now a million times that if you end up selling your stuff while going down, and buy while going up, that is only a great way to lose money and not make money and you will not be profiting anytime soon. Aside from that there are tons of stuff you can read or watch to be a better trader as well, if you are trying hard with all those knowledge and still fail that happens, it is the market, but if you are acting like a noob and panic, that is your own fault.

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April 21, 2020, 08:13:54 PM
 #196

I think Corona has nothing to do with cryptocurrency so why do you expect anything in the current situation. this has only had an impact on the world economy which has been getting worse until now because everyone is afraid to leave the house
In some point there's relevance since investors or possible investors are not placing their money as they are afraid with the impact of Corona to all economy, with numbers of affected people and numbers of world businesses that being closed, traders and investors mindset are mostly thinking that they've needed to save their money in order to survived instead of investing to anything in the middle of this crisis.

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April 21, 2020, 08:25:15 PM
 #197

There is a real chance that people will start paying close attention to cryptocurrencies.Although it is likely that most will prefer to store their funds in a Fiat currency.But this is not accurate.So far, I do not see a special impact of coronavirus on the increase in capitalization.
Yes, specifically the coronavirus impact on cryptocurrency is invisible, only in this case everyone is alarmed by the covidand pandemic19, which has inadvertently affected the cryptocurrency market.

so its still affect crypto and the effect is verry visible  . we noticed it when prices fall sharply   .

 when it comes to help well id say corona helped crypto in two phases   ( negative and positive   )   .  even if corona has a positive impact  , corona should still not thank people because it still gives a mess on the entire world  .  we can do positive impact on cryptos in a less evasive way if we wanted too but till its not also our fault that this virus came i guess because i think its not man made  .

he market would have grown much more than where is it now, if not for the Coronavirus and caused almost the entire world to be a chaos. It shook the world and it shook the crypto space. The impact was getting and such will never be forgotten. Although, some people are acting as if they have forgotten what it did to the crypto space in February/March. They have gone over what it caused, because the market is now growing and ut is seriously fluctuating, as , investors are not too sure of where it will be heading to.
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April 21, 2020, 08:48:56 PM
 #198

It seems to me too early to draw any definite conclusions. The fact that cryptocurrency is not growing now does not mean anything.
The crisis provoked by the coronovirus can be critical, which will lead to large-scale changes on the planet. This may well increase the use of cryptocurrencies.

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April 21, 2020, 09:22:53 PM
 #199

No one knew that this would happen. Even though some ignored it but still, it has done many bad to humanity and lively hood. We can only pray for it to go on time so that things will get back to normal everywhere.

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April 21, 2020, 09:45:34 PM
 #200

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all
Cryptocurrency already become a big online trade in the world.  So,  corona virus is not bring bad influence.  Many inactive trader awake again because of it.  They starting to earn money from bitcoin again.  Because their activities just can do at home.  Bitcoin help people in this condition.

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