The future of cryptocurrency during this pandemic

[Destroyeroff98]

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.

In any case, the crisis is to be expected due to quarantine. But everything should return to normal after a pandemic.

[awakpane]

In my opinion, in an effort to overcome this difficult situation, we invite everyone to make cryptocurrency as a medium of exchange, because we all know that fiat money has the potential to infect the coronavirus that is currently happening in the world. in addition, if someone or a community that has a large asset, at least we can channel donations to the state in deciding the pandemic ration that is happening, moreover many people can not leave the house so they need the necessities of life while undergoing isolation at home.

[IMZ Noo Account]

What makes you think that fiat currency is no longer stable? If it wasn't any longer stable, the economy of each and every country would go down and a huge global economic recession would hit causing too much trouble on peoples everyday life. People would end up suffering very badly. They wouldn't even be able to afford anything.
On other hand, you are saying that the world is helping the people during the pandemic by printing money? Lol, please tell me where you read about this? Do you even know how badly it is going to affect the countries economy if they print money during this period of time?

The 2008 crisis was sparked by massive amounts of low-quality debt. The solution was vastly larger amounts of low-quality debt. Very few folks really understand that the entire global economy is significantly buoyed by the issue of debt (which has juiced the markets to insanity).

And just a few of us Poindexters have followed the resultant years of discourse about 'MMT,' the breath-takingly radical notion that governments should print unlimited amounts of money, and just give it away. (This is a simplification; but only just -- Google 'MMT')

The virus, however, has suddenly made 'proto-MMT' perfectly acceptable. And while fiat currencies may remain stable for the interim, I am happy to go on record:

massive and prolonged debasement of a fiat currency will surely result in hyperinflation.

[semobo]

Fiat is the most stable asset when there is economic crisis all over the world so people are converting their assets into cash which makes it more stable now but this is not going to affect cryptos anyway mostly that is why we are facing recovery state of cryptos from the huge crisis states.If people think cryptos are stronger than fiat then it will bring good future to cryptos and it seems we are heading into that way.

[CHENIEN]

as a family member of cryptocurrency, it is a time for sharing and connect to everyone for the future of every single citizen as requirements for being free and unity as traders, particularly many of us are busy talking about on how to exit or fight against covid-19, and yes I'm glad to see by the concern on how to prevent the fatality of this kind of virus, and I think the vaccine is the only key to bring back the people smiles and to regain their independence.

[Pamadar]

Fiat is the most stable asset when there is economic crisis all over the world so people are converting their assets into cash which makes it more stable now but this is not going to affect cryptos anyway mostly that is why we are facing recovery state of cryptos from the huge crisis states.If people think cryptos are stronger than fiat then it will bring good future to cryptos and it seems we are heading into that way.

We are seeing good movement from the current market, there are people who are working and pushing this industry. we've seen progress and if this
will continue and more and more investors will follow expect a much bigger benefits from this economy.
Try to find a best place according to your understanding and how you assess greater future for your investment, keep sorting while seeing the opportunities during this pandemic virus is affecting the mindsets of those traders and investors.

[alexsandria]

Actually thete are so many ways on how we can work on the future of cryptocurrency due to the pandemic coronavirus that is happening right now in the world. We can introduce them the cryptocurrency so that they will be able to market online of through digital money and through the help of this we will be able to promote safty of everyone because they will be able to not touch even a single piece of paper money in order to pay something that's ehy wr can prevent the spreading of this pandemic virus as well as we promote the future of cryptocurrency.

[Estrange18]

One good stuff for crypto during all this pandemic hysteria that people are siting at home and having huge amount of free time and cheap connection to the internet.

[doctor877]

The pandemic is affecting everything around the world Including crypto. By now everyone hoped that Bitcoin price would have surpass where it is now as Bitcoin halving is coming but nothing of such is happening now and things might not happen the way people expect. The future is bright but it's also having it's share of this bad season.

[White Christmas]

The pandemic is affecting everything around the world Including crypto. By now everyone hoped that Bitcoin price would have surpass where it is now as Bitcoin halving is coming but nothing of such is happening now and things might not happen the way people expect. The future is bright but it's also having it's share of this bad season.

Actually the down of bitcoin not to  considered as symptoms of a bad season of the bitcoin as well as the market because as what we are seeing bitcoin is dumping maybe because the bitcoin halving is very near. Bitcoin halving and the pandemic virus are one of the major cases why the down of the market is happening right now.
Yes you're true that the future is really bright right now but there are some bad happenings that might happen or waving on us.

[rezakurnia66]

To support Cryptocurrency at an uncertain moment because now keep holding the coin and not panic. Some countries are already implementing the Lockdown, which means no one can get out of their place of residence. People are required to do quarantine themselves, so all activities are done at home. And with this condition, people need groceries for supplies during Lockdown treated. Investors invest in cryptocurrencies at any time can withdraw funds. The impact we felt a few days ago, the crypto market dropped very sharply.

As long as the Corona virus spread the crypto conditions erratic. We don't need to panic because Bitcoin is able to pump again after a decline.

[aemma]

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 do not think this pandemic has the capability to alter the future of the cryptocurrency space negatively; yes it might delay it's growth but to hinder it is not possible. Also, there is a big comparison between the world government and the cryptocurrency space; the government can easily endorsed any amount they want to help a course but such is not possible in this space. In this space, everyone is his own government, you decide what coin to buy etc, so the best you can do is to hold good coins or enter into USDT to be safe.

[Indymoney]

The pandemic is affecting everything around the world Including crypto. By now everyone hoped that Bitcoin price would have surpass where it is now as Bitcoin halving is coming but nothing of such is happening now and things might not happen the way people expect. The future is bright but it's also having it's share of this bad season.

After this pandemic we are going to face another big issue and its economical resession as most of countries going down badly and they will take some good time to recover this all so its also going to have some serious effect of bitcoin one thing is sure its now going to take some good time for good price as most of predictions are going to be fail for 2020 as this Corona is going to hurt this all very badly in short term period.

[Inosend]

The future of crypto currency for me is still very bright despite the panic that is currently going on in the world and I strongly believe that everything will soon fall back on track asap

[cahbagus555]

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.

In my opinion, the coronavirus outbreak will be fleeting because the rest of the world is working together to find a vaccine for it. If the anti-coronavirus vaccine has been found, I think the economy will recover in a few months and this will also have an impact on the excitement of transactions on the cryptocurrency market

[inanilujimi]

if you feel you have more money, it's better to help those around you who seem less able to survive during a pandemic, no one knows about the future of crypto, but we must defend the future of our children and grandchildren. maybe with us not too trivializing the virus and following the rules that have been made by the local government can prevent this virus from constantly developing.

[Lantind]

The future of crypto currency for me is still very bright despite the panic that is currently going on in the world and I strongly believe that everything will soon fall back on track asap

Yes, indeed if we look at the current conditions, indeed many people experience panic, because everyone has a struggle and capital when playing in cryptocurrency, so the panic that occurs suddenly is very reasonable.

[killerelite]

The future of crypto currency for me is still very bright despite the panic that is currently going on in the world and I strongly believe that everything will soon fall back on track asap

Yeah far future still seems good and bright , but the near future is looking bleak , as this pandemic is forcing everyone to stay indoors and this way many people have to depend on their savings not only for themselves but also to send to their relatives and closed ones  . Since for most people it is their savings thats invested in crypto so seems only logical for them to cash it out .
Anyways with the bitcoing halving approaching and since we each passing day we are 1 step closer to get a hold on this pandemic and getting back to our daily lives , so the far future does look good for crypto even though the near one might suck.

[Iyanu14]

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!

Absolutely true. Had it been that world governments have envisaged time like this, probably many of them would have supported cryptocurrency.  Some even fear to hold fiat currencies now or even go to Automated Teller Machine for withdrawal because they believe they could also be a carrier of the viral droplet.  There is little to which crypto community can do now. Even those clamoring for donations are scammers.  May be after this pandemic is over, more governments could probably give more thoughts to the adoption of crypto.  For now let's stay home and stay safe!

[joybella]

Cryptocurrency cannot pave the way this period every world system is responding to the pandemic and cryptocurrency cannot be different. We have a world crisis at hand targeted at the health industry but it has stretched to both the financial industry as well with no hope of a cure yet.