Will Cryptocurrencies Survive the Corona Outbreak

[sampoerna]

I strongly believe YES. It will survive very well. Additionally, many people will adopt the blockchain technology after corona pandemic. Moreover, it is approaching the BTC halving. It probably offers a good deal this year. I think we can see an upcoming big increase in the next few days.

[babu10]

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.

I think this is the main reason that crypto currency market going to pump otherwise in this crisis moment it should not to be done. People are looking for alternative earnings through online as many days they staying at home. I think this is perfect time to recover previous market atleast.

[Augusta]

the Corona boom has severely affected the market economy, including the cryptocurrency market. In the early months of 2020, the crypto market is in a drastic decline but I believe it will recover soon

[Esperanza12]

Marketing events that are critical for companies investing in cryptocurrencies in China to raise money and invest in digital assets, potentially slowing down due to the virus. Cryptocurrency markets will likely go bankrupt without new sources of investment

[Calantha]

When retail investors are concerned about the disease they should stay at home, so have a lot of time to observe the market so they are likely to trade more. That's why I think the market will get over the crisis soon

[@chison]

The points you have made are so valid. As we speak some businesses are not going back to physical. They will operate everything virtual. Since, crypto is a virtual money it will blend well.

[NihonShoki]

Marketing events that are critical for companies investing in cryptocurrencies in China to raise money and invest in digital assets, potentially slowing down due to the virus. Cryptocurrency markets will likely go bankrupt without new sources of investment

I agree with your point of view. While Chinese investors make up a significant portion of the crypto market, it is difficult to draw conclusions and statistics on the correlation between disease outbreaks and transaction volumes and prices. cryptocurrency market. Because the data is not available and it is not transparent either.

[Hometown]

I think corona don't have any effect on cryptocurrencies and others online virtual cryptocurrencies. Bitcoin and Ethereum, Ripple and Binance coin don't depends on countries, government and central banks issues, it depends on only trading and investment activities.

[vanjava]

Yes, in my opinion, cryptocurrency will be in great demand in this Covid-19 pandemic, because people in this world are required to stay at home and by trading cryptocurrency to survive because they stay at home.

[H2O]

World acutely seized by covid19 corona Pandemic but our cryptocurrency ecosystems don't affect badly. So i think cryptocurrency market don't depends on Pandemic, it only depends on trading, investment and holding situations.

[Fenix]

World acutely seized by covid19 corona Pandemic but our cryptocurrency ecosystems don't affect badly. So i think cryptocurrency market don't depends on Pandemic, it only depends on trading, investment and holding situations.

We all live in the physical world, and everything is interconnected in it. When people first learned about the spread of the coronavirus, there was a slight panic. To prepare from a material point of view for protection from the coronavirus, people began to partially sell cryptocurrency and it fell sharply in price. Now we no longer see a significant impact of the coronavirus on the price of the cryptocurrency. Most likely, this influence is neutralized by a counter increase in demand for it. However, it will still depend on the length of time the coronavirus is active and on the economic well-being of people.

[fammy]

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.

I would agree to your sentiments, I think that cryptocurrencies will definitely survive and I think that because of this covid-19 pandemic it will open doors of many possibilities that the world will accept it as more useful currencies and soon will be one of the mode of payment globally.

[Astra]

I no longer see a serious threat to cryptocurrency from the coronavirus. After March, when the cryptocurrency plummeted in value after the release of information about the coronavirus, the cryptocurrency actually no longer responds to outbreaks or new waves of coronavirus. I think it will continue to be so.

[Riya143]

Worldwide covid-19 has a tendency to gain prominence in human life. But I don't think it will spread to cryptocurrency. Because all the countries of the world have locked their lands. The government of the country has forbidden the people to go out. So they are using blockchain at home. Bitcoin has started to be used many times, especially in cryptocurrencies. People are transacting from their homes and this can be a good news. The number of blockchain users worldwide is increasing. So I think Kovid-19 has had no effect on the global cryptocurrency.

[gotbounty]

Corona won't make crypto fail to survive because there is no reason to see it. Even crypto is growing well although we are in the pandemic, so We shouldn't be worried thta covid will make crypto disappeared. It is not true that crypto is in bad condition caused by corona.