The future of cryptocurrency during this pandemic

[tycsols]

We are not separate from rest of the world so obviously most of us will do whatever we can to help people that can include giving more time or ask for less amount from the people that owe us money, send food parcels to the needy and also help people with sanitization products so that they can keep thenselves safe from this virus.

[ene1980]

We are not separate from rest of the world so obviously most of us will do whatever we can to help people that can include giving more time or ask for less amount from the people that owe us money, send food parcels to the needy and also help people with sanitization products so that they can keep thenselves safe from this virus.

The problem is that it is impossible to send any food parcels as my country is in complete lock down situation as the death toll keeps on increasing on a daily basis and my reserves will run out soon and i believe that is the case with many in my area, the government is taking steps to provide that, when it comes to the market it will recover but these are hard times for everyone.

Stay safe everybody.

[Rengga Jati]

-snip- What is the cryptocurrency family doing to support their own community at this perilous time.

The first thing to do is to stay safe and survive to use cryptocurrency. We don't expect for losing the family members of this crypto community. We need to keep ourselves well in this situation. If you have something to help others, you can deliver it. Not only about funds, but it can be also about encouraging or supporting each other.

[Mumbeeptind1963]

-snip- What is the cryptocurrency family doing to support their own community at this perilous time.

The first thing to do is to stay safe and survive to use cryptocurrency. We don't expect for losing the family members of this crypto community. We need to keep ourselves well in this situation. If you have something to help others, you can deliver it. Not only about funds, but it can be also about encouraging or supporting each other.

This crisis we experience has big effect in cryptocurrency and also to us right now, we want to be safe, it's more a preaution than anything else, but we also want to earn but because of this pandemic happening we are now stop all transaction we do and the profit we get is also lessen. I think we should be patient more because it seems is take longer before it back to normal.

[24Kt]

i think the crypo world has clamored for this situation for a while. A world where the fiat system is no-longer stable. if not mistaken, i will say that the world is heading into a  serious health crisis with what is happening in china, italy, spain and other parts of the world. many countries has promised their citizens of enough fiat funding printing more fiat money to support themselves. 
What is the cryptocurrency family doing to support their own community at this perilous time.

The global market suffers big losses but I'd never think that this will be the end of crypto. We are giving more concerned about the price and this is the reason also why it gives your fear and the will possibly drag you into becoming a panic seller instead. Maybe this time, we may take this aside and we have to prioritize first our health. The market will recover later and I stand to believe this. It will be harder for us to accept the situation if we always take a look at the market price, maybe a simple glance could be enough for now.

This is not the end of crypto but this situation will pave the way of crypto adoption. As paper money is identified as potential means of transport for the virus, people will look for potential options that can replace their paper money transactions and lessen the contact as much as possible. So I guess, there is still bright future waiting for crypto.

[traderethereum]

We are not separate from rest of the world so obviously most of us will do whatever we can to help people that can include giving more time or ask for less amount from the people that owe us money, send food parcels to the needy and also help people with sanitization products so that they can keep thenselves safe from this virus.

We can help people who really need help because by doing that, I am sure that we can save their lives. If more people who can do that, I am sure we can solve every problem together and at least, that will give benefit for both. We can provide help by using government institutions so they can distribute anything to people who needed.

And with the cryptocurrency itself, we will see the rise of cryptocurrency after this pandemic and not just crypto, but everything will rise too. We will see it soon, and we don't have to lose hope.

[joshua123]

No one can really sure the future of crypto. Before so many have been positive during the bitcoin halving on May, but with the insertion of this pandemic virus, I think everythint change that. Stocks and even lots of business around everywhere are now falling down, and many people are suffering from huge loss and even needed to provide cash for supplies needed for this mess. Crypto isnt exempted from this, nothing safe now but staying at home. Avoid being contact with this virus at all cost.

[Fesatmas]

The first thing to do is to stay safe and survive to use cryptocurrency. We don't expect for losing the family members of this crypto community. We need to keep ourselves well in this situation. If you have something to help others, you can deliver it. Not only about funds, but it can be also about encouraging or supporting each other.

This crisis we experience has big effect in cryptocurrency and also to us right now, we want to be safe, it's more a preaution than anything else, but we also want to earn but because of this pandemic happening we are now stop all transaction we do and the profit we get is also lessen. I think we should be patient more because it seems is take longer before it back to normal.

In the beginning, cryptocurrency experienced a bad decline by almost 50%, but at the time of this pandemic, it's still happening now. Bitcoin is trying to go up little by little in this crisis, so I think people still believe in crypto that is still struggling to increase it.
With this condition, there are still people who use it in situations like this, they want the income from crypto from the increase, so they will use it during the lockdown in their area, so I think this is the right moment for them.

[zaim7413]

We are not separate from rest of the world so obviously most of us will do whatever we can to help people that can include giving more time or ask for less amount from the people that owe us money, send food parcels to the needy and also help people with sanitization products so that they can keep thenselves safe from this virus.

Things like you said it is the duty of the local government to protect its people to stay safe from the corona virus at this time, so that it is not so mandatory for ordinary people like us, because we can only channel all the help we have from home to the government, then the government will deliver the assistance to those in need.

[Shallow]

i think the crypo world has clamored for this situation for a while. A world where the fiat system is no-longer stable. if not mistaken, i will say that the world is heading into a  serious health crisis with what is happening in china, italy, spain and other parts of the world. many countries has promised their citizens of enough fiat funding printing more fiat money to support themselves. 
What is the cryptocurrency family doing to support their own community at this perilous time.

I think the future of the cryptocurrency family is already decided and that is, it will continue to grow despite anything that comes its way, this can be seen from past bear markets which were much bad but yet here we are. Also, you can't compare fiat to cryptocurrency because there is a huge difference among them; it is easy for countries to provide fiat for their citizens because they have rulers but such is not the case with the cryptocurrency family as there is no one you can ask that from. Nevertheless I think in our own little ways lets present a good image of what crypto is all about while giving a good knowledge of it when it arises.

[Kasabus]

No one can really sure the future of crypto. Before so many have been positive during the bitcoin halving on May, but with the insertion of this pandemic virus, I think everythint change that. Stocks and even lots of business around everywhere are now falling down, and many people are suffering from huge loss and even needed to provide cash for supplies needed for this mess. Crypto isnt exempted from this, nothing safe now but staying at home. Avoid being contact with this virus at all cost.

Start saving your life by staying at home so you can stop spreading of virus worldwide. And cryptocurrency isn't an exemption because with the ongoing pandemic virus, crypto community is already experiencing a huge loss brought by covid 19. Crypto enthusiasts are greatly affected that made them decide to sell their coins for fiat just to provide the basic needs of their loved ones.

[geegaw]

No one can really sure the future of crypto. Before so many have been positive during the bitcoin halving on May, but with the insertion of this pandemic virus, I think everythint change that. Stocks and even lots of business around everywhere are now falling down, and many people are suffering from huge loss and even needed to provide cash for supplies needed for this mess. Crypto isnt exempted from this, nothing safe now but staying at home. Avoid being contact with this virus at all cost.

The nature of the future with crypto is always uncertain, this pandemic only adds a bit of anxiety to the future of crypto but it's not too scary because this is a global event, we may be in a chaos but this pandemic is unlikely to function permanently, the government will prevent it as soon as possible. And finally, a part of the budget will be poured into the market, the economy in many fields will recover, stable income will return, crypto will still be a destination for many people, don't let this pandemic change our positive thinking in crypto

[davidroux]

No one can really sure the future of crypto. Before so many have been positive during the bitcoin halving on May, but with the insertion of this pandemic virus, I think everythint change that. Stocks and even lots of business around everywhere are now falling down, and many people are suffering from huge loss and even needed to provide cash for supplies needed for this mess. Crypto isnt exempted from this, nothing safe now but staying at home. Avoid being contact with this virus at all cost.

The nature of the future with crypto is always uncertain, this pandemic only adds a bit of anxiety to the future of crypto but it's not too scary because this is a global event, we may be in a chaos but this pandemic is unlikely to function permanently, the government will prevent it as soon as possible. And finally, a part of the budget will be poured into the market, the economy in many fields will recover, stable income will return, crypto will still be a destination for many people, don't let this pandemic change our positive thinking in crypto

I am still very worried about this pandemic and certainly will not show signs of stopping in the near future. I think things will not be the same as before and billions of people will be affected in daily life. In fact, the crypto market is also very volatile and some investors have lost huge profits. Of course, I don't know what will happen in the near future, but hopefully the price of Bitcoin will rise again

[rathaha10]

i think the crypo world has clamored for this situation for a while. A world where the fiat system is no-longer stable. if not mistaken, i will say that the world is heading into a  serious health crisis with what is happening in china, italy, spain and other parts of the world. many countries has promised their citizens of enough fiat funding printing more fiat money to support themselves. 
What is the cryptocurrency family doing to support their own community at this perilous time.

The coronavirus pandemic has caused a goobal crisis that if cure to the virus is not funded on time, it will lead to massive failure of virtually every sector out there which will take years before they recover back to their former state. I think the best thing the cryptocurrency community can do now is be optimistic for full global recovery has it has been proven many times that no sector will flourish when there's a global crisis goin on

[Vishnu.Reang]

I have noticed one thing during this pandemic. The stock markets around the world have plummeted by around 40%. Similarly, cryptocurrencies have also lost anywhere from 40% to 60% of their value. That means that there is a strong correlation between stock markets and cryptocurrency market. On the other hand, the bullion prices have gone up significantly during the same time. And this proves that cryptocurrencies are more related to equities, than they are to bullion.

[sodiik]

Current global conditions are erratic. Everyone should be prepared with the conditions that will occur. As long as the Covid-19 virus has not been lost of course it will always have a negative impact on global. Everyone now needs real money because they are also getting ready to buy the basic necessities. A few days ago saw the cryptocurrency dropping very sharply. To date, the conditions of the crypto-currency market are uncertain (unstable).

However, as long as this happens to the Cryptocurrency is able to run and even increasingly popular until now. So the future of Cryptocurrency for me is very good. If the Covid-19 virus ends and slowly the recovering economy will definitely have a positive impact on Cryptocurrency growth.

[20kevin20]

All I can do right now "to support the community" is stay on here and keep believing in a future of crypto. The ideal situation is if some of the businessmen move to accepting only crypto, but how realistic is it? The future of cryptocurrencies is very uncertain but the current crisis is not going to stop me from believing in one. Worse or better, the fact is they aren't going to die and be gone forever.

Being under a forced lockdown (I've been under self-isolation for about a month now already) limits all my activities. There isn't much we can do other than just developing coins and projects and mentally supporting my friends.

[fortunecrypto]

The world is not just moving towards a health crisis but it is also moving towards a major financial crisis. The entire fiat market is resetting itself. If you look at any major stock market around the world, you will see only red everywhere. Cryptos should have provided a safe heaven during this time, but it also seems to follow the same trend more or less. So at this moment, nothing is really safe. Crypto can't really print on its own to support the crypto families during this testing times. Stay safe and stay at home! Our first priority is to save our own life. Money can come later!

What happen now is something new to the industry, we have not experienced something like this in the past, this is the first time that the market faces a pandemic and unfortunately the market react negatively, we owe it to the industry leader why Bitcoin did not crash to it's lowest level we now need to support the market now that stabilizes.

[Rosilito]

The world is not just moving towards a health crisis but it is also moving towards a major financial crisis. The entire fiat market is resetting itself. If you look at any major stock market around the world, you will see only red everywhere. Cryptos should have provided a safe heaven during this time, but it also seems to follow the same trend more or less. So at this moment, nothing is really safe. Crypto can't really print on its own to support the crypto families during this testing times. Stay safe and stay at home! Our first priority is to save our own life. Money can come later!

Agree, stuff tend to turn the opposite way, crypto as what we expect to be the safe haven the most became the thing that we cannot rely for now with today's environment. Everything falls down, no market been safe with the crisis effect, not even crypto space. We are somehow lucky right now that the market came to risen up a little, not that low, I mean somehow fair and not that high either. Because people like to give a shot on buying as it came from a severe drop down recently hoping that sooner that the market would get back from its decent price. Anyway, stay safe there buddy.

[BitcoinTurk]

Unfortunately, it seems unlikely to be optimistic or optimistic for the crypto markets, considering that the global markets are getting worse day by day and the estimates that many experts have made a more serious crisis than the 2008 crisis. There is a rapid decline especially in the stock markets and many investors continue to buy gold instead of holding cash. I think that the negative weather in these markets, where there is hard selling pressures, will affect the crypto money markets even more. Moreover, despite the policy of countries' central banks to issue unlimited money, we could not see the green color in neither global markets nor crypto markets. If we think that this crisis will not remain so and the pain will be felt much worse, it will not be correct to be optimistic for the crypto money markets yet. In the upcoming period, it is necessary to comment on the crypto money markets depending on the global markets and the change of economic conditions.