How corona virus affect on the Crypto world?

[davidroux]

At its first week of pandemic so many people  including in different busines sectors and crypto investors  had panicked that caused  every marketsto crash down but along the way the market found its ground had been running back in forth from $6.5k-7k until last night that broke out to $7.5k It might have had and effects but not totally affected as it has gained its momentum back and we will be seeing a healthier market towards its halving day in 16 days coming.

The market has made a good comeback and I believe this epidemic will be cured soon because the situation now looks much better than a few weeks ago. I think the vaccine will be available soon by the end of this year and many countries are starting to test it so it certainly won't take too long to wait. In the meantime I will choose to invest more and will consider buying some of the cheap coins available in this market.

[Wildwest]

For now there has not been a big impact on the crypto world over the existence of the Korona virus, although today all countries are being hit by the trouble in facing this plague, but in the world of crypto developments from the value of Bitcoin and altcoins are increasing and many predict this year will penetrate the highest number.

[Iyeman]

At its first week of pandemic so many people  including in different busines sectors and crypto investors  had panicked that caused  every marketsto crash down but along the way the market found its ground had been running back in forth from $6.5k-7k until last night that broke out to $7.5k It might have had and effects but not totally affected as it has gained its momentum back and we will be seeing a healthier market towards its halving day in 16 days coming.

They are too fear to think the crypto can have the same future like the stock market but it looks like they were realized about that right now. The recovery that is still happening with bitcoin or this is a better recovery than when the dump happened caused by bitcoin was building a very strong fundamental at the same time.
As long as there will be no bad news come and bitcoin will remain stable in the bullish trend.

[blockman]

Settle that feeling of worry, it won't help you in these times. Let the market decide and show its full potential while we are experiencing this pandemic. The first few months of the pandemic, this has affected the crypto market and we saw that bitcoin plummet, and everyone shared the same thought of it affecting all the markets. But as time goes by, you will notice how bitcoin becomes stable and increasingly a bit day by day and this can also be one of the effects that this pandemic shares.

[shoreno]

 first of all corona isnt increasing every week but there are infact recoveries reported now and also not all regions or areas have been restricted to work because those areas are less prone to virus   but the unemployment on other places may have an impact to cryptos because some of them are crypto investors and they cant buy a crypto now and worst they may end up selling for now  but this shall not be a reason for us believers on bitcoin to loose hope . once this delima is over , cryptocurrencies  can also go back to where it was

[ReiMomo]

Coronavirus has a big impact on every country's economy including the crypto world was shaken by this pandemic in the first few months. When people are in the state of panic because of the lockdown everyone tried to withdraw their money to buy their necessities for the entire period of lockdown, that is why it lessens the demand on the cryptocurrency during the first few months and that was the downfall period of the crypto world but the crypto world was able to cope up now when people are already looking for a safer platform to invest and that is how they see the crypto world is a safe haven during the economic recession. One of the advantages of the crypto world is it can be shaken easily but it can regain it's stability easily.

[pilosopotasyo]

I believe in Bitcoin in the long run, but when heard about the unemployment rate because of Corona virus increasing every week, I feel worried. How it will affect on the crypto world?

One thing that made me believe, the market is very resilient and will remain stable and will not crash even if we have a pandemic, that means we have investors who will not dump and leave the industry and we have them to thank for keeping the crypto economy going.

[mersal]

I believe in Bitcoin in the long run, but when heard about the unemployment rate because of Corona virus increasing every week, I feel worried. How it will affect on the crypto world?

Unemployment rate will have no affect on the crypto world because its rarely anyone getting paid in cryptos for their work as salary so one who is not having job will not receive any money but they have some job opportunities in crypto world but not everyone in the world can have it.

[Clark05]

Many people right now  don't have work temporarily and most of them are no money to invest to the crypto if they are user or investors of the cryptocurrency. Right now I believe they some effects but not literally big because as of now marker are pumping and that is good sign and once the lockdown is done we see again big pump in the market but I think it happen after few months after the lockdown..

[Google+]

Many people right now  don't have work temporarily and most of them are no money to invest to the crypto if they are user or investors of the cryptocurrency. Right now I believe they some effects but not literally big because as of now marker are pumping and that is good sign and once the lockdown is done we see again big pump in the market but I think it happen after few months after the lockdown..

when no one is working anymore then they will use their savings for very critical circumstances and this also results in many traders withdrawing their assets so that when they occur it will affect the price movement of cryptocurrency at the exchange place.

[Latines]

The world of cryptocurrency is completely dependent on the world as a whole. Therefore, they cannot be separated. Now all people are suffering. Everything suffers because of this. I believe that cryptocurrency can only develop when people have money.

[greylandm]

The markets stagnated as well but are doing much more positive anyway. IMO global economy suffers more than crypto.

[Kasabus]

The world of cryptocurrency is completely dependent on the world as a whole. Therefore, they cannot be separated. Now all people are suffering. Everything suffers because of this. I believe that cryptocurrency can only develop when people have money.

With the pandemic happening now, i believe all of us are directly affected. Majority have lose their jobs and do not have their sources of income. Entering crypto world is a good option but not as an investor but to make an income from the limitless opportunities we have in crypto. Hopefully this will come to an end soon so that we can contribute already in the development of crypto.

[JoMarrah Iarim Dan]

I believe in Bitcoin in the long run, but when heard about the unemployment rate because of Corona virus increasing every week, I feel worried. How it will affect on the crypto world?

Some does a work from home to atleast help the company gain the losses but some are still unemployed and nothing to eat. They will surely find a way to earn money, they may see crypto as an option or not due to some may have no money to invest. But like me, I turned back to my previous way of earning money or earning crypto through joining and promoting campaigns.

[sayam]

The corona virus may have been able to make a big impact on the crypto market at first stage. But now the market has been able to recover well. I don't think Corona Virus just have a negative impact. In the days ahead, more and more people will be involved in the crypto industry. The price of Bitcoin may double or more, who knows?

[Slingshot]

Saying market has recovered well isn't true, market is still recovering unlike it was around January and begining of February before Coro viruse became a global pandemic issue. Coro viruse actually affected BTC and other coins I expected BTC to go above what it is now because of its halving but checking the condition of the world you will agree with me that Coro deeply affected market in general including crypto currency market

[Bagiira]

in my opinion , the real economic world situation in the oil market and the economy of China is more influencing the crypto, COVID-19 is a secondary phenomenon and is also very controversial in contrast to oil prices.

[silversurfer1958]

The COVID-19 epidemic has absolutely no effect on cryptocurrencies. Initially, I thought that due to the worsening disease situation, the BTC price would dump sharply. But now the indicators show that BTC will pump very strongly in the near future. I think one of the main reasons is that the  BTC halving event that mining time for 1 BTC will take a lot time than before.

[tiang_tower]

The markets stagnated as well but are doing much more positive anyway. IMO global economy suffers more than crypto.

What do you suffer from? Because everyone certainly has a different opinion in assessing the global economy, and in what I have seen so far, the crypto space is not so miserable and even as if it is not suffering, even though it exists.

[cribusen]

Corona affects financial markets pretty hard. Almost the whole stock market decreased besides few companies like Amazon. Crypto is still following the major markets and I cannot imagine that we would see a strong price increase before the end of pandemic, most likely another deep fall.