Will Cryptocurrencies Survive the Corona Outbreak

[Jaephoenix]

It amuses me when I see some projects complaining that the Covid pandemic affected their crowdsale etc. That means they are not ready to survive. A lot of projects are taking the covid blow on the chin and moving on to higher levels

[Rakin343]

The market has been weakening a lot since 2017. I think the cryptocurrency market is not responsible for the coronavirus because the market was two years from 2018 to 2019 but much worse. Then in 2020, when the epidemic coronavirus appeared, the market was bad, but later the market became much better. The market is expected to be better in 2020. Although the coronavirus did some damage, I don't think it did as much in the current situation.

[Gurjasmeet Singh]

It's right carona-19 has effected business. Evan who have in service, they're also effected this time.but l think crypto currency will growing up shortly.

[shadowdio]

Well bitcoin shows strong, bitcoin price is keep increasing even this world facing pandemic, bitcoin price is not affected. This is great you know.. seems it would reach $15,000 this year or hopefully $20,000.

[sky20]

Due to the pandemic situation world economy has fall down but if you see the crypto currency market then i think the market is so good as the condition of the pandemic. The market is not affected by the pandemic. But it is true that if covid-19 not stay for a long time then it will be a remarkable stage of crypto currency.   

[Nostoman]

When the corona epidemic first started, all the experts thought that this coronavirus would affect the cryptocurrency. But could not influence it. Everyone thought cryptocurrency would have a tendency to survive. Now it seems that this coronavirus cryptocurrency has no tendency to survive. I think there has been further improvement. In particular, the rate at which the price of coins has risen has not had much effect. Because covid has more people. So cryptocurrency has improved.

[Tutte]

crypto already survive the pandemic and doing very well i would say, lately there are a lots of positive things happening in the crypto space, btc record a new ath, top defi project increase the market capitalization of the defi platform, most alts perform well, so I guess crypto has done well and survived during this period.

[Quantum X]

I believe this will affect negatively because can't deny that financial matter is affected by the pandemic where investors could be force for sell theirs at low price due to some emergency matter.

[Btceth01]

Coronavirus has kept people around the world under house arrest, but cryptocurrency has not. However, due to the coronavirus epidemic all over the world, people have lost a lot of their economy. Behind the coronavirus, the cryptocurrency market is moving forward a lot. I hope people around the world will rely on this cryptocurrency. However, at present the cryptocurrency market has come a long way. In the first stage, the cryptocurrency was slightly damaged by the virus, but at present it does not seem so. It is hoped that the cryptocurrency market will be better by 2020.

[Durai Raj]

In my opinion, cryptocurrencies have the tendency to survive COVID 19. Some of the digital assets, especially Bitcoin, have shown some signs of recovery. For Bitcoin, the halving procedure would help recover the price. Moreover, governments have begun to lock down their lands. No person is allowed to go out without any reason. Speaking about fiats, the exchange of these paper-based currencies has the potential to spread the virus. People have now started relying on the internet to transfer the money. This could be a piece of good news for blockchain and cryptocurrencies. Decentralized systems like these two have a chance for more adoption. When countries would start adopting blockchain and digital assets, prices would rise significantly as a result. This would reap more profits to the investors.

Surely cryptocurrency will over come this pandemic situation and now the price of bitcoin and Ethereum had reached a good positive movement in this Corona. If you have any holdyof cryptocurrency like bitcoin or Ethereum, just hold till this pandemic get over. After this lock down over, we can expected huge gain in all the crypto currency price.

[Renampun]

now you can see for yourself that the price of Bitcoin is very good at this time of the outbreak, this is a great opportunity for the cryptocurrency to attract investors and become a safehaven.

[I-Bit]

Yep, pandemic cannot make crypto projects to disappear. Many of them can survive very well and now can grow fast. Look at some examples like Ferrum, DIA, or Cartesi. Those projects can be successful even if we are in pandemic. I think pandemic just bring effects in the beginning, while for now it has no effects.

[Joyjoyce0]

Cryptocurrency will survive even global crisis worse than this pandemic. Cryptos are not centralized like fiat. Cryptos are born to stand alone and can survive any situation.

[bubbalex]

Blokchain is a promising technology and its advantages stand out even more in a pandemic. Distributed decentralized technology is what helps develop traditional infrastructure markets and make them safer, more automated and cheaper. I see a great potential for the adoption of blockchain technology by the states, unfortunately we will lose in decentralization, as any state wants to control financial flows, but in the end legalization and regulation of the market is necessary for universal adoption.

[Duckenth]

The Corona virus outbreak does not seem to have had a big influence on Cryptocurrency, even though logically the people who run the Cryptocurrency business have all experienced the impact of this corona outbreak.  But the reality is that we can see together, when the corona outbreak is still destroying the economies of almost all countries in the world the price of Bitcoin and other Cryptocurrencies has actually increased.
I can't imagine, if all countries would adopt Blockchain and digital currency, surely the price of Bitcoin would be able to increase very high again.