Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: VeryWellDone on March 22, 2020, 12:50:51 PM
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With this current epidemic of the Coronavirus taking over the world, with stock markets and everything going down, what's going to happen with Blockchain and how can it be beneficial during these days? This was brought to a discussion by a Professor at the Cornell University (https://youtu.be/0TAEcKguYaI) and came up with some interesting points.
What do you guys think?
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With this current epidemic of the Coronavirus taking over the world, with stock markets and everything going down, what's going to happen with Blockchain and how can it be beneficial during these days? This was brought to a discussion by a Professor at the Cornell University (https://youtu.be/0TAEcKguYaI) and came up with some interesting points.
What do you guys think?
I think with the current situation where physical contact creates possible infection from the virus, cryptocurrency would provide a very good use. trading goods using virtual payment would be a secure way to do business.
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If we want to think negatively about the impact of the spread of virus Covid-19. That everyone is currently advised to do their own quarantine. Even today Malaysia country is already doing Lockdown. This condition certainly makes many people lose their jobs and they certainly can't get the money.
So one of the jobs that can make money is online work. It's time we're promoting crypto-currency trading for everyone.
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Blockchain technologies have been used in many areas for many years and will be used because it is very easy to work with blockchain technologies and blockchain technologies show very good results, thats why everything will be with blockchain sphere.
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Try to see Bitcoin in the year 2018. At that time the Bitcoin price also suffered a sharp decline. But Bitcoin still survives and even many people have developed the technology of Bitcoin. The price of Bitcoin is easy to move up and down. So the current conditions that are going on are unnecessary for us to panic. It is better to store your coins as prices may return. And it is clear that the direction of Bitcoin is towards a good future.
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I think the direction of Blockchain Technology is on the track, but it will take time to be adopted in the mainstream for the meantime blockchain technology is quite popular and widely use in fintech application and cryptocurrency-related uses and I believe that blockchain is not just limited in this applicated because its a versatile technology and quite useful in many fields.
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Suppose good Samaritans will come up and share his/her blessings to covid-19 patients or to foundation, hospital, and etc. I think this is one way to make blockchain beneficial at this point of battling the virus.
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Right now the crypto market is not in the good direction becasue so many peoples will start to withdraw their money on the daily basis and thats why the market will comes down regularly but i hope that market will soon go up and we make good money soon.
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The market is very much unstable and unpredictable right now. Sometimes it shows some bull run and some times it looks like it will drop furthermore. Market manipulation and that epidemic effect mix up together. Whales are just taking advantage of the situation of the volatile market and coronavirus fear.
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I think the direction of Blockchain Technology is on the track, but it will take time to be adopted in the mainstream for the meantime blockchain technology is quite popular and widely use in fintech application and cryptocurrency-related uses and I believe that blockchain is not just limited in this applicated because its a versatile technology and quite useful in many fields.
Totally agree with you. Blockchain technology is a universal technology and its possible application is very extensive. Each state can and will apply this technology in various areas of human life. The global Internet opens up great opportunities for its use. It can be used wherever there is a need for online safe and open storage and use of large databases of any information.
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We can fully understand this thing after we got into freedom from pandemic. But pretty sure that blockchain will remain as is. It is the trend now to use to prioritize life from covid in public place.
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Yeah, the blockchain will definitely grow more despite the
the effects of corona virus pandemic that is fast spreading all over the world.
I believed that the blockchain is developing very fast and it's going to be fully adopted greatly as time goes on.
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Right now the crypto market is not in the good direction becasue so many peoples will start to withdraw their money on the daily basis and thats why the market will comes down regularly but i hope that market will soon go up and we make good money soon.
Yes, not to mention that most people are at home and they're getting very curious about BTC and crypto in general.