Coronavirus And The Crypto World.

[hushpupppy]

The pandemic has done the world a lot of bad, and it isn't impressive at all, oil dropped to 0$ and brent got so lowered as well.
Stock enter bearish mode, and the economies of sevrral crumbled.

But as bitcoin is recovering slowly, the world economies will also recover and heal, but the world never forgets.
Alot of investors rekted may never recover.

[tervel]

While volatility has gripped markets of all stripes during the coronavirus crisis, bitcoin’s price moves have soared.Bitcoin and cryptocurrencies have appealed to investors as they can offer a potentially higher risk-reward scenario.

[DogeTalk]

We'll see how Crypto survives under COVID 19. Will it drop or be more stable and increase when this outbreak ends. I believe crypto can get through this problem

[bigcash2011]

Yes i think if we compare the prices then the crypto market is almost at the same level when the corona panic started and i have no doubt that crypto market will be way ahead when we will come out of this epidemic.

[Akicage]

I think we should always do a thorough research before you begin spreading what you are not sure of. The migrations of the miners from China begun long time ago before the break out of the corona virus. It is very true that the virus has brought a lot of fear that has negatively affected the economy globally.

[tonymillions84]

This is the time for people to settle down and learn new things. Most of the tings that needs to be learn is the modern new money which is cryptocurrency. there are so many things to learn from trading , Mining , wallets decentralized and centralized exchanges, blockchains etc. there are so many thing to learn.

[MrSpasybo]

We'll see how Crypto survives under COVID 19. Will it drop or be more stable and increase when this outbreak ends. I believe crypto can get through this problem

Perhaps COVID-19 is a test for the whole economy in general or the crypto market in particular. It is easy to see that BTC & ETH have stood firm. Hopefully the epidemic will soon let us see the growth of all Altcoins.

[Jaguar]

There is always advantages and disadvantages.
Of course if you put yourself to miners shoes you will definitely choose the advantages because you know you will win at the end despite of your sacrifices.

[aji678]

so far with the presence of covid the impact of crypto is increasingly felt, maybe this is just my assumption. the problem is that many make crypto work from home. because the impact of covid made them lose their jobs. finally switched to crypto.

[babu10]

I hope for corona bitcoin price will cross 10k.

  this is very very amazing idea. I also think market will hit 10k$ at this present situation. It may be fiat money crysis of men so that people trying to earn alternative way so that people may reached to cryptomaket for their income.

[gotbounty]

so far with the presence of covid the impact of crypto is increasingly felt, maybe this is just my assumption.

No, it is not your assumption but it is the fact. Crypto market is affected by the current situation made by Covid-19. We are in difficult situation, so it makes sense if crypto market dropped. But don't worry, just look at the current market trend today, it is growing.

[Master107]

I hope for corona bitcoin price will cross 10k.

  this is very very amazing idea. I also think market will hit 10k$ at this present situation. It may be fiat money crysis of men so that people trying to earn alternative way so that people may reached to cryptomaket for their income.

Actually, to be honest with you it is not too hard for bitcoin to go 10,000 or beyond as what you can read on its history. Btc is always able to survive and could possibly increase at the time when people expected or in unexpected time.

[abdmuiz]

That's right. Storj has given contribution in their own way by providing Free Storage. This kind of contribution may optimize a chance to get rid of the Corona pandemic faster. Those organizations researching Covid-19 must be fully supported as we really hope they find an effective solution for this pandemic. Well, Free Storage can be very useful for them, it will support their research needs & activities.

[Anna Larina]

The COVID-19 outbreak has wreaked havoc across the global economy. With stocks swooning and job losses mounting, it’s a difficult time for traders and investors in any asset class. The crypto market hasn’t been immune to these dynamics as cryptocurrency prices fall and crypto projects struggle to raise capital.
Despite these negative trends, there’s an opportunity for crypto traders and investors to harvest their losses and lower their long-term cost basis in today’s environment. The combination of potentially higher demand in developing countries and the staggering amount of new U.S. debt could accelerate adoption.

Try ZenLedger today to get your taxes in order!

[Nestle]

I think if the price of cryptocurrency recovers, miners will return to their activities and re-create mining tools. If the calculation of the costs with the results obtained during mining crypto adverse things with a lot of costs