Corona has killed economy of many businesses

[Yatsan]

How long will it last? What's the antidote for Corona?

Currently there is no telling when will it end but hopefully scientists and doctors around the world are doing their best to finish an antidote, vaccine and cure for this virus. Yes it crashes businesses but what can we do about it? Economy suffers when there is a crisis.

There are already drugs that is being tested that is known to work with some virus like corona in other countries but the thing is people have different body composition so there would be a lot of factor to consider especially with different races so it means that the first ever 'cure' won't be applicable to all. I guess we are going to suffer a bit more not only with the health but also with the major things it affects like the businesses. We are going to feel more of its effect possibly in 6 months making a large quantity of damages. I hope we'll get any better, salute for every health workers!

[AniviaBtc]

How long will it last? What's the antidote for Corona?

Currently there is no telling when will it end but hopefully scientists and doctors around the world are doing their best to finish an antidote, vaccine and cure for this virus. Yes it crashes businesses but what can we do about it? Economy suffers when there is a crisis.

It will take 3 - 5 years to discover the vaccine for that Covid-19 because this virus suddenly appeared and we didn't notice that it can spread faster and faster. However, our scientist around the world are working extra and hard to study the virus and to find out what can cure it. In this kind of crisis, the countries should help each other to control their people to lessen the transmission of the virus. If it needs to implement lockdown to some part of a country, then the people must follow what government says. We all know that our economy is also affected because people aren't able to work and have no salary to feed for their family. Malls and community workers are suspended because they are also included in the lockdown. People aren't able to go outside and the market will decrease its volume, but buying goods is necessary during times like this, so in some ways it balanced. Good thing, there are some patients that are discharged from the hospitals and recovered from the Covid -19 and they can go home safely.

[Yamifoud]

We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

That it makes more pandemic, not only affects our health but also in economic stability. The whole world suffers big losses in all types of business and this could extend more days as the virus still continue to spread. Doctors never say an expected time frame for the resolution of this threat and until today, they'll never find a cure for this.

I'm sure, nobody expects this thing to happen in crypto but then, we are in big struggles and the market prices it dumps slowly and slowly, in fact, we are almost the same as we started last year $3.6k (if I'm not mistaken).

[johnyj]

Since the transportation and production capacity are limited, I think there will be a huge spike in the price of almost every consumable things. However, since the income of many people have reduced, they have to sell every asset to cope with the rising costs, again, only who have access to newly created money will buy assets cheap

[Janation]

These are all obvious with a pandemic like this.

Corona Virus or now usually called CoVid-19 is a pandemic the world now is facing. Businesses will be really ruined because of this and that is the reason why some companies even encourage their employees to work at home so that they could continue their jobs and at the same time safe from the virus and following the quarantines that are happening in every country. As far as I know, there is this medicine that is said to be green-lighted by the government. It's been a while but we have no updates about this. It is said to take months for a reliable medicine but for now, we should focus on taking our family and our people just by starting with ourselves. Always remember that prevention is better than cure.

[yanto@1977]

How long will it last? What's the antidote for Corona?

We don't know until when corona will disturb global economy but about antidote I believe every country try to find it. This time they focus to recognize and quarantine the people and area, to minimize victim. At May - June there is bitcoin halving that have potential reduce bitcoin value, this 2020 maybe will become the worst year for crypto. Try to stay calm and make another plan because Corona already break our first plan, doing nothing will never change our life, at lest try it so we know how good the result.

[KrisAlex18]

COVID-19 is so dangerous, as of March 15, 2020 there are already 153,517 number of COVID-19 cases worldwide, 5,735 number of deaths from COVID--19 and that statistic is really alarming because there are so much many people that are affected by the virus. There are a lot of business that is going down because of the virus, especially those businesses that rely on the customers or to the people, like the restaurants, there are so many people who afraid to go outside and eat to the restaurants because of the virus.

This virus keeps on spreading around the world, that is the scariest thing about the virus, there will be a lot of people that will be affected and as of this day, there is still no cure for the virus.

[imstillthebest]

well no one knows if how long this will last but ive been seeing some hope thru news which are kinda bit positive  . news state that many people are recovering from time to time but apart from that there are news too that declare new cases and a new country that is now an epicenter of the virus   . there are known antidote yet but its not released yet on many parts   . i think its been tested first carefully before they distribute it just to be safe   .  the damage is massive right now and  everyone is affected  so people are still praying and hoping for everyones recovery

[Negotiation]

Many of Coroner's business economies have been disrupted and no solution has been found so far. As you rightly said no way to cure the virus has been found till today and no one knows for sure how long it will last. Trade-in every country has stopped since the Coronavirus has spread to almost every place in the world. And people are getting less out of the house for fear the shop jute is almost all closed In that case it has become very dangerous for every country.

[bitgolden]

Unfortunately, it will be a lot worse than everyone considers. Now, you see china and you do not think of anything because it is china, we have literally seen them let people die in closed doors in order to not spread it around, so we can't really do empathy with them and I understand that. But what about Italy?

We have people who own a pizza shop there, they are not overly poor but they are working poor, that person basically survives thanks to money he makes but one big bad thing and they are suddenly poor. That dude is sitting at home trying to figure out how he could not work because of corona fear but also how he could pay the bills as well. This is just one small pizza shop that is affected, can you imagine how bigger this gets the more we take a look at everything else? It is HUGE.

[tvplus006]

How long will it last? What's the antidote for Corona?

Currently there is no telling when will it end but hopefully scientists and doctors around the world are doing their best to finish an antidote, vaccine and cure for this virus. Yes it crashes businesses but what can we do about it? Economy suffers when there is a crisis.

A coronavirus vaccine is already being tested in America. But even if the tests are successful, mass use of the vaccine will not be earlier than 1 year. In addition to the coronavirus, the economy is hindered by the financial crisis, which will also go on for several years. Therefore, we need to learn to live in such realities.

[milewilda]

We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Anything that correlates to a simple virus specially a new one shouldnt really be downplayed so easily or should really be ignored.I do have the same impressions when its still just small where i do treat that
this one is just similar on that ASF (African swine flue) etc. but i didnt expect that it would really be this big.Lots of businesses are indeed being heavily affected to this one specially on malls and transport where
crowd is present.

Talking on how long it would last? No one knows because as long the vaccine isnt available yet this pandemic issue wont really be resolved.

[White Christmas]

We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

It is very sad that the coronavirus has been more disastrous and have a huge impact to our market especially to the business and workers of the different country. This is really a sad part of this virus because it brings negative outcome for us especially to the economic growth of a country because I am pretty sure that the economic stand of the countries will dump just because of this disastrous virus that occurs on us.

[Kakmakr]

The economical antidote for Corona, is not to panic. Your bitcoins are not going to be infected with the virus, but rather contaminated by the hype surrounding it. The contamination come in the form of panic selling and misinformation and it will lead to a lower price.

People look at stock and share prices on industries that are directly affected by the Corona pandemic and they pull their capital from other investment options that are not directly affected.    The sheep are following other sheep down the cliff.... Yes, people might be shifting their investments to safe havens, but what happens when things return to normal? Answer : A sharp decline in the price of the safe havens. 

[bitcoinst]

In fact, the situation is very funny and paradoxical. Typical mass hysteria organized by government apparatuses of all countries.
Mortality from the coronavirus is only 1%, but already a large number of countries have closed their borders from each other. This will primarily hit the pocket of ordinary citizens

[mersal]

How long will it last? What's the antidote for Corona?

USA medical dept said they developed a cure for this virus and it will take 6 weeks time to know the actual results which is already under test on a human being.But they also mentioned it will take at least 12 months for public people availability means its still a long way to go and more worse is yet to come.

[FanatMonet]

In fact, the situation is very funny and paradoxical. Typical mass hysteria organized by government apparatuses of all countries.
Mortality from the coronavirus is only 1%, but already a large number of countries have closed their borders from each other. This will primarily hit the pocket of ordinary citizens

Well, in general, not 1%, but 2.3%. Moreover, there is a strict division into age groups, the older the person, the higher the mortality rate. If in people under the age of 39 years, it is only 0.2%, then over 80 years, as much as 15%. And given that, on average, the countries in Europe and North America are the oldest nations, the blow for them can be very painful (as a vivid example of Italy).

[AmoreJaz]

In fact, the situation is very funny and paradoxical. Typical mass hysteria organized by government apparatuses of all countries.
Mortality from the coronavirus is only 1%, but already a large number of countries have closed their borders from each other. This will primarily hit the pocket of ordinary citizens

Well, in general, not 1%, but 2.3%. Moreover, there is a strict division into age groups, the older the person, the higher the mortality rate. If in people under the age of 39 years, it is only 0.2%, then over 80 years, as much as 15%. And given that, on average, the countries in Europe and North America are the oldest nations, the blow for them can be very painful (as a vivid example of Italy).

older/sick people doesnt have the immunity to fight the virus anymore, the reason why the mortality rate is higher than any age groups. the lockdown of many countries i think is reasonable. just precautionary measures to avoid further spread of the virus. since the vaccine is still in trial phase, everyone is still not safe
but yes, this pandemic indeed hit us hard!

[onrise]

In fact, the situation is very funny and paradoxical. Typical mass hysteria organized by government apparatuses of all countries.
Mortality from the coronavirus is only 1%, but already a large number of countries have closed their borders from each other. This will primarily hit the pocket of ordinary citizens

The difference between the previous virus and this is that previously the viruses were not spreading from human to human as far as I have read and heard. And this virus is different because it spread from person to person which is more dangerous and that is why it has being put under pandemic. This is really getting serious as many cities are getting lock down and due to which majorly all business worldwide has taken hit already.

[Subbir]

The only antidote to the Coronavirus is time. The only antidote for the coming depression and loss of faith in Government is Bitcoin.

Coronavirus has the foremost effects of bitcoin its value are going to be so low that nobody can imagine. the govt is unable to try to to anything but Bitcoin is under the control of nobody, but the virus is reducing investment and therefore the demand for it's decreasing economically because Bitcoin has dropped such a lot.