Corona vs Bitcoin

[Paglamon]

The outbreak has severely disturbed all the industries across the globe. During the time when traditional markets were in chaos, Bitcoin managed to perform well. In their way to face the current economic situation, almost all the banks have lowered the interest rates. The stock market has also gone down. People who invested in the capitals are now looking to go for a safe haven like Bitcoin. Bitcoin lost half of its value and went from $10000 to $4000 previously. As of now, it has again reached up to 7000 US dollars. Besides this, the halving event is approaching this May, which will increase its value further. One primary reason Bitcoin successfully recovered at such a fast pace was that it showed no dependency on how banks and other financial institutions control the assets. Bitcoin lacks any central authority that takes control.

Final Thoughts:
Thus, in our journey to 'Corona coin vs Bitcoin', we have clearly seen some signs which indicate how Bitcoin would certainly outlast in the future, while Corona coin is just short-lived crypto. Many things about Corona coin are not yet clear. So, this crypto does not stand any chance against Bitcoin. On the other side, Bitcoin has never been criticized when compared to this new cryptocurrency. It has a bright future and a great deal of adoption. Bitcoin will always remain an all-time favourite among people all around the world.

[mlawson71]

The pandemic won't truly end until they find a proper vaccine and that is at least a year to 18 months away, at best. So I don't think it will be that short-lived, unfortunately, much as I want it to be.

[alltalk]

The pandemic won't truly end until they find a proper vaccine and that is at least a year to 18 months away, at best. So I don't think it will be that short-lived, unfortunately, much as I want it to be.

You are right. We need a proper vaccine to make this virus outbreak ends. Every country in the world must have it in a sufficient number to cure all the sick people. I think it will last quite long because it is still spreading and the dead people are increasing in every country.

[Magician]

I found this piece of news on the Internet: Israeli COVID-19 treatment shows 100% survival rate - preliminary data. If it's another country to announce this then I wouldn't care. But this is Israel, a brilliant country of the Jews. It's worth expecting.

[sirty143]

I found this piece of news on the Internet: Israeli COVID-19 treatment shows 100% survival rate - preliminary data. If it's another country to announce this then I wouldn't care. But this is Israel, a brilliant country of the Jews. It's worth expecting.

It's not FAKE I think, it's good news for everyone. Also, according to the same source, it says Israeli scientists are close to developing the first vaccine against the novel coronavirus. "Once the vaccine is developed, it will take at least 90 days to complete the regulatory process and potentially more to enter the marketplace", the report said.

[Nestle]

Of course there are many differences and Bitcoin is better in terms of the number of holders and interested ones. Corona coins are new coins that will not necessarily survive if the corona outbreak ends.

[Fenix]

If Bitcoin and other decentralized cryptocurrencies had good liquidity and essential goods could be bought directly, the cryptocurrency market would not have fallen so much in mid-March when people were preparing for protection against the spread of coronavirus.
However, very well, bitcoin and other decentralized cryptocurrencies should prove themselves in the next global economic crisis, which should come soon. When inflation will absorb all types of currencies, the cryptocurrency should not only not be subject to it, but also grow in price due to increased demand for it.

[Jaguar]

I found this piece of news on the Internet: Israeli COVID-19 treatment shows 100% survival rate - preliminary data. If it's another country to announce this then I wouldn't care. But this is Israel, a brilliant country of the Jews. It's worth expecting.

It's not FAKE I think, it's good news for everyone. Also, according to the same source, it says Israeli scientists are close to developing the first vaccine against the novel coronavirus. "Once the vaccine is developed, it will take at least 90 days to complete the regulatory process and potentially more to enter the marketplace", the report said.

Millions of people hope for vaccine to launch.
Anyone who will produce will become the ultimate hero around the world for saving lives of both hopeless and hopeful person. Then the economic crisis will end and new hope will rise from every corners. Bitcoin will prove again that it is unstoppable.

[mlawson71]

Isn't that treatment basically just plasma from recovered patients? Because there's not enough of that around.

[DogeTalk]

I am not very familiar with the corona coin which is much talked about now. When compared to bitcoin I think bitcoin is better and safer to invest. We have not seen how long the corona coin will last in the current market situation

[Andruha1993]

The pandemic won't truly end until they find a proper vaccine and that is at least a year to 18 months away, at best. So I don't think it will be that short-lived, unfortunately, much as I want it to be.

You're right. We need a vaccine. I also believe that this virus will last a long time. This is really scary. But let's hope that our scientists and doctors will cope with this difficult task and this will soon end.

[epidemia]

This is a very strange question. Why compare these different things? I think this is very stupid. Bitcoin will always live, and a variety of pandemics will appear every year and disappear just as quickly. Is this all for hype? This is all similar to the usual fraudulent manipulations, no more. Why create threads like this?

[Bobcrypto]

Yes,  it is actually a strange question. The corona coin will go no where and can't be compared with the bitcoin at any time. This is just a coin that want to find it's  way into the crypto economy base on the  diverstating effects of the disease to the world. I think it will get some heap now,  and will disappeal very son once the tension it created are calm and the drugs is discovered. 

[Lanirex]

Although in broad outline, Bitcoin activity is not at all interrupted by Corona or can be said to be very safe from Corona.  But because this epidemic is very influential on the world economy, then this will definitely have an impact on the people who are here.  Their customers will also think twice, more important where to invest or buy Bitcoin with shopping needs for everyday.

[pelana vreo]

Covid-19 virus is indeed bad for the economy of each country, but I don't think the price of bitcoin will go down, because BTC prices are currently stable at $ 6k to $ 7k.
Bitcoin is the future of digital payments and investments. Because it has no physical form, so there is no significant effect from the presence of this virus
precisely what I worry about is when the price of BTC goes up and I can't buy it.