Coronavirus is ravaging a large portion of cryptocurrencies. Is this permanent?

[meanwords]

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.

[joseyphil82]

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?

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

[Anonylz]

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?

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.

[shoreno]

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?

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  .

[Doranile432]

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.

every country will definitely try to find a vaccine from the corona virus, so as not to continue to disrupt the economy.

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.

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

[Rosilito]

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?

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.

[memed97]

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

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.

[voteformeg]

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?

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

[Lexurdania]

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?

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

[mamesso]

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.

[Hairynipples]

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.

[Hairynipples]

oh bollocks wrong thread, meant telegrram

[Russlenat]

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.

[fuer44]

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

[skeleto88]

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.

[trauchot]

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.

[voiceofthedead]

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.

[adzino]

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?

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.

[ven7net]

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?

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.

[Denreal]

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?

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.