Kvalentine (OP)
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April 12, 2020, 07:49:52 AM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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Greatchu
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April 12, 2020, 08:06:51 AM |
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I think you are wrong, now that people are on lockdown they will be forced to look at other online jobs available, many lost their jobs already, companies have been able to master new opportunities by digitizing business processes and moving employees online.
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Reid
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April 12, 2020, 08:20:32 AM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
Any links for news into why or when they stopped the mining rigs? Or is this just a speculation? We are in quarantine and that means we cannot leave our premises anytime we want. There is just a scheduled time. But this are mining equipment which could work on their own. They could just be left there or a group of people could be assigned to maintain it. They won't need to go home if all the necessities is in their reach. About the conferences though. It can still be done in live stream. Just let those who will join know that it will still continue in another way, which is possible while we are quarantined. |
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Kunnu
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April 12, 2020, 08:22:19 AM |
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My point of view is different on this matter we all know the main reason of the current situation almost every industry is struggling not only cryptocurrencies we just have to be patience and wait for the right moment hopefully we will have brilliant occasions in near future whenever the circumstances will be in control.
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FatFork
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Top Crypto Casino
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April 12, 2020, 08:28:46 AM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
Any links for news into why or when they stopped the mining rigs? Or is this just a speculation? I don't think the OP talking about stopping mining rigs but stopping the production of new mining equipment. There are many sources on the net about this. |
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Eugenar
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April 12, 2020, 08:32:08 AM |
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That's true, we are still under community quarantine because of the existing virus and the price of different cryptocurrency is not yet stable especially the price of the bitcoin, bitcoin is not going so well with the day, last yesterday the bitcoin reaches 7,000$ and it is now 6,800$, the price of the bitcoin is not yet stable, we cannot predict whether it will goes high or goes low. So I just wanna remind all the traders out there to be careful when doing trading because you may lose your money if you don't observe well the market or the good thing to do for now is just wait for the bitcoin bull run.
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Kupid002
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April 12, 2020, 08:34:00 AM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
Give source for that news that china stop equipment production. As i know china has a low case now in corona virus so that country is not so much affected with lockdowns or any ways that can affect thier economy. So there is no reasons for them to stop it , they are not fully recovered but at least many people on that country can freely back into thier work. |
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fortunecrypto
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thecryptocurrency.directory
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April 12, 2020, 08:35:13 AM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
Obviously it's not but so far market is still in good condition although not really stable, we have the community belief's and support to thank for this, especially the whales who prefer to not dump their coin, especially to the CEO of Binance who announced that he will never sell his share of coins in the market. |
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Genemind
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April 12, 2020, 08:50:30 AM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
Nobody expected the impact of the pandemic could really be depressing for both the economy and the crypto market. To look at the brighter side, this could be a good opportunity for those who would like to invest in crypto since the market had fallen, or for those who have spare to invest to buy cheaper crypto. The problem is even businessmen and rich people are struggling during the pandemic. |
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Kez1817
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April 12, 2020, 09:34:36 AM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
Internet is the number one important now that we are not allowed to go out to work or find a job.People are now relying on online works and businesses that's why i think crypto will remain productive at this moment. |
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ampere
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April 12, 2020, 10:01:22 AM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
The truth of the matter is that, at the moment, the world is not healthy due to the pandemic. You and i, and other people of the world, are indoors, and com-pulsed to stay home, making us unable to do anything new, and we people are crypto currency, hence it cannot be healthy. The flunctuations will continue, until there is stability across the world, and the pandemic cease. In the mean time, take profit from the unhealthiness, and explore crypto currency. |
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luckyflop
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April 12, 2020, 11:40:06 AM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
Internet is the number one important now that we are not allowed to go out to work or find a job.People are now relying on online works and businesses that's why i think crypto will remain productive at this moment. If people can't go outside to work, I believe they will choose online jobs. And investing in this market will definitely be a good choice, this market will certainly grow this year because many new investors are entering the market. |
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masterrex
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April 12, 2020, 12:38:28 PM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
It's true, it was understandable because we are on the brace of a Global Pandemic called COVID-19 it is useless to gather any crypto-related events without guarantee to make it successful because most people are afraid of getting infected and it was also prohibited to make gatherings to prevent more infection with the COVID-19 virus and its pretty obvious that the market is not yet in a healthy state as you mentioned. |
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XCANA
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April 12, 2020, 12:50:40 PM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
What do you mean? These conferences for the year were held why some of the conferences were cancelled due to the high rate of the spread of the pandemic. For me, these cancelations were on the interest of the people and also, many of these conferences were been held with clients over the internet. The market has been on fluctuating index but doesn't mean that, the market isn't beneficial to the community. In my own opinion, cryptocurrency is still more healthier than before due to mass adoption that's currently going on around the world today. |
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kindbtc
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April 12, 2020, 12:58:54 PM |
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Do not worry, soon everything will be back to normal, we just have to stop the transfer of this virus to new people and eventually it will stop, in most parts of the world like asia it is expected that till may it will be controlled while hopefully US, UK and EU will also be able to control it by june and everything will be back and normal, i am positive that crypro market will come out stronger after this crisis.
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GreatArkansas
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April 12, 2020, 01:11:12 PM |
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Of course, the Bitcoin block halving on this year which is expected in the next few weeks.
It's kinda exciting, especially we are experiencing some world problems like coronavirus (covid19). But this block halving will not be able to prevent or being stopped by some event like coronavirus or some person or even the government. I think this is one of the best event for cryptocurrency this year.
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AicecreaME
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April 12, 2020, 01:20:55 PM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
Even they stop manufacturing mining equipments for their employees safety, there is a lot of mining rigs existing already that are functioning in every countries around the globe, so I guess this won't affect the cryptocurrency price at all. If you're pertaining about the market situation right now, it is because of the Halving that is going to happen this year, expect of a sudden price drop but it will eventually going up to the moon soon, no doubt about it. What we need is patient and stop panicking because of the current situation, it will do no good to us. |
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minairia3
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Vave.com - Crypto Casino
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April 12, 2020, 01:21:02 PM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
This is inevitable, of course conference will be shut down or cancelled. No one will risk their lives for benefiting a blockchain symposium. With the case of mining, I doubt they will stop it. Yes China has started this virus but I doubt production will be stopped. Also even it got stop, do you think we dont have enough miners to do these transactions? I am sure corporations doesnt need huge manpower as these rigs are running without any manforce. The virus has no good on crypto investment. See how slow the progress on the market? Actually were quite lucky compared to sector of stocks that are totally devastated by the crisis. |
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XCANA
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April 12, 2020, 01:26:09 PM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
Internet is the number one important now that we are not allowed to go out to work or find a job.People are now relying on online works and businesses that's why i think crypto will remain productive at this moment. Point of correction, the internet has been the arena of getting jobs done this days because of the government ban on citizens movement across their countries. Tagging the internet to cryptocurrency as what makes it healthier looks dull in my opinion. Although, the entire market even the stock market are also experiencing the same as cryptocurrency and there is hope for the cryptocurrency to have a positive impact on the ongoing economic crisis, this made me to be sure that, the cryptocurrency industry is getting healthier than before. |
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tbterryboy
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April 12, 2020, 01:28:37 PM |
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More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
Definitely not good for entire crypto space. But, unfortunately we do not have any other option other than facing it. Only when there will be a vaccination to be invented or by isolation people completely wiping out corona from world, we can expect changes to life which may slowly restore things like before. We can simply assume that crypto is still not in healthy state yet because we are not having bitcoin into its original price levels where it was before the corona outbreak News happened. I mean bitcoin prices are just the flag to identify whether crypto is in progressive state or in negative trend. |
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