Bpip.org (OP)
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March 27, 2020, 05:17:02 AM |
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Btw If COVID-19 cannot be completely resolved, especially in every country affected by the corona virus outbreak?
what about the fate of the next cryptoqurrency industry? I think, this virus not only inhibits activities throughout the world and can even be said to have killed the entire cryptoqurrency space!
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TanakabZX
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March 27, 2020, 05:45:03 AM |
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Many new projects have halt their development because of this virus called Coronavirus, some are forced to work at home but the situation is not helping at all, this needs to go, although bitcoin keeps showing its capability, beating many stocks but it will be better if the virus is gone
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Ryushin
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March 27, 2020, 06:41:18 AM |
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As deadly as the virus is I think it will make Bitcoin and crypto become more popular since bitcoin is the best asset standing strong over the other assets, many will definitely notice it's potential
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Yogee
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March 27, 2020, 07:09:08 AM |
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This is not the first corona virus outbreak and probably not the last. But everytime a pandemic occurs, there will always be smart people who will find a cure.
The market took a hit when WHO declared that we have a COVID-19 global pandemic but go check coinmarketcap right now and see how the market is slowly recovering. It's possible that prices could go even lower in the coming weeks or months depending on how fast countries can recover from the virus outbreak but the market will still recover.
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Stanlo
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March 27, 2020, 07:11:54 AM |
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Let's not be panic about this Coronavirus issue, the market is already in recovery and that's a good thing, I believe this pandemic will only make crypto market to become stronger and attracts more investors too
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shinratensei_
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March 27, 2020, 07:18:56 AM |
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Btw If COVID-19 cannot be completely resolved, especially in every country affected by the corona virus outbreak?
what about the fate of the next cryptoqurrency industry? I think, this virus not only inhibits activities throughout the world and can even be said to have killed the entire cryptoqurrency space!
Crypto will always still exist caused by it was running by the online system that doesn't peg with the traditional economic system. You should not worry about that even people can run nodes to support the blockchain from their house. As long as the electricity and network will not get a huge impact caused by this pandemic and crypto will fine. So many Italians are also using crypto right now.
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bittraffic
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March 27, 2020, 07:28:01 AM |
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Companies are already finding ways for their employees to work online particularly those that only do paper works.
For people who were denied by banks to have an account, crypto is their option while they work online. I'm certain crypto will be resilient to this kind of crisis. The corova crisis is just temporary as well, it will go away eventually probably in the next few months so just hold your horses.
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Bitbtc8
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March 27, 2020, 07:43:49 AM |
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It's not doubt that the damages are done already but it's already recovering if you look at the chart on coinmarketcap, moreover it's becoming more like an opportunity for crypto because it shows that crypto is stronger than stock, that's a plus
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fortunecrypto
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March 27, 2020, 07:50:12 AM |
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Btw If COVID-19 cannot be completely resolved, especially in every country affected by the corona virus outbreak?
what about the fate of the next cryptoqurrency industry? I think, this virus not only inhibits activities throughout the world and can even be said to have killed the entire cryptoqurrency space!
All the past epidemics and pandemics have been resolved I don't know why this one will not, our scientist are capable, we have all the resources, it's just a matter of time, if you have been watching the news there are vaccine already in the testing period, so expect a cure within 6 to 12 months, thee world will not surrender this way, we have an advanced science and it can be deal with.
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ije07
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March 27, 2020, 07:52:44 AM |
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don't worry too much because crypto won't continue in this phase, the corona virus outbreak can one day be resolved, it's just that it still needs a whole process. crypto provides easy access to everything, especially for transactions, today many people use this technology to transact even though the world is haunted by the corona virus.
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minairia3
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March 27, 2020, 09:21:52 AM |
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Yeah it did affect crypto space but it will still stand until the end even the damage and casualty of corona has been doubled. Why? People are aiming for the bottom too and they have been awaiting when it will go down again for another opportunity. I like the fact that even with crisis like this there are still who are active on investing. Anyway, we are just staying at home so what else we could do right? Trading and seeing many news about crypto is one way to know the stability of possible market movement.
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YOSHIE
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March 27, 2020, 09:42:10 AM |
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I think, this virus not only inhibits activities throughout the world and can even be said to have killed the entire cryptoqurrency space!
Who knows when this will end, the COVID-19 virus in general does not only have an effect on crypto, it also has an effect on the world economy, trade, offices, places of worship, domestic and foreign activities paralyzed. Since the COVID-19 virus has attacked humans throughout the world, there is currently no certainty as to the fate of the crypto industry going forward, good or bad, it's clear that everyone hopes that crypto in the future can have good value and good fortune, like, people can have good fortune from COVID-19 attacks.
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vermigerous
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March 27, 2020, 09:42:26 AM |
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In my perception, it is not this pandemic called covid19 that killed all cryptocurrencies, it's just that the market has become lame because of the economy of several countries falls down, and that affects fiat and also the cryptocurrencies.
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20kevin20
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March 27, 2020, 09:54:04 AM |
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Oh well, right now almost everything is dead. I doubt anyone will buy the new phones of 2020, I doubt tech industries will make it very well through the entire year. So everything being dead means crypto projects and roadmaps will be somehow postponed for months. The crypto industry will be especially affected due to the fact that most devs are freelancers and they obviously want to protect their family at this time. The fate? Oh well, we just have to wait. Its fate will be shown when this demolition of stocks and jobs will slow down.
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litepool.ru
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March 27, 2020, 09:59:34 AM |
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Many new projects have halt their development because of this virus called Coronavirus, some are forced to work at home but the situation is not helping at all, this needs to go, although bitcoin keeps showing its capability, beating many stocks but it will be better if the virus is gone
It is a pity if new projects appear at this stage, they will not be successful because this market is becoming frozen. Corona virus is seriously affecting the global economic situation, it is making the whole world paralyzed by the isolation actions of nations. If the virus situation is not controlled, it will surely be much worse
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shadowdio
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Zawardo
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March 27, 2020, 10:27:38 AM |
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I don't know if the market will dump again if this corona virus still affecting people but it can increase the price of cryptos if the government convince people to use digital money or cryptocurrency. It is really risky if people use fiat money because you know it can contained corona virus.
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Rodeo02
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March 27, 2020, 10:43:00 AM |
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Btw If COVID-19 cannot be completely resolved, especially in every country affected by the corona virus outbreak?
what about the fate of the next cryptoqurrency industry? I think, this virus not only inhibits activities throughout the world and can even be said to have killed the entire cryptoqurrency space!
you should be much more worried in forex market and stock market that market will be too much affected if the virus cant resolved international economy will colapse even oil price will drop more since it will harder now to send to other country. Crypto will be the last to survive if all market colapse.
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BlackFor3st
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March 27, 2020, 01:57:49 PM |
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Btw If COVID-19 cannot be completely resolved, especially in every country affected by the corona virus outbreak?
what about the fate of the next cryptoqurrency industry? I think, this virus not only inhibits activities throughout the world and can even be said to have killed the entire cryptoqurrency space!
It will not kill the crypto spaces if in case the pandemic covid-19 cannot be completely resolved instead it will give a path for crypto to become useful in the long run as every government will likely to shift to digital payment especially if fiat is not safe anymore. For those government who didn't have a digital payment yet in their country, they will surely use crypto currencies as temporary or even a legal payment option to replace fiat just to avoid the virus. But the investors will likely to shrink once the pandemic will likely to continue but it cannot kill for sure so the crypto is still very safe as it is a good way to earn a good amount of money/profit especially if your country impose a lock down.
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Sterbens
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March 27, 2020, 02:06:20 PM |
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I think the cryptocurrency industry will be fine but the economy in a region will be in crisis because it will continue to deal with Covid-19 which will be very scary, of course people will be afraid to activity and be afraid of this outbreak. Crypto will be fine but I don't know if this will survive or deteriorate like other stock markets because this is the effect of covid-19.
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Upgrade00
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March 27, 2020, 02:23:02 PM |
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The cryptocurrency space can survive even with the pandemic, it's a digital age and everything can be done without a gathering being necessary. But the Covid-19 is real and it's impact is also real, it has claimed lives and a couple of technical personnel would be lost to it, furthermore, except the use case of a project is directly linked to the promotion of health and safety of the globe it would not attract much attention. Majority of the world now would not be bothered much about the intricacies of the financial market, they'll simply want to have cash in their pockets to get their daily needs.
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