Quote from: Eugenar on March 22, 2020, 09:16:53 AM

Quote from: _xNyx_ on March 13, 2020, 08:13:52 PM

As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?

Well, it is really true that Corona virus really affects different cryptocurrency, which makes it to be dumped, but that is really normal thing about cryptocurrency because we all know that it is volatile, which means it changes its value day by day or even seconds by seconds.

It will not be permanent for sure, bitcoin can pump again in some other days, bitcoin is really used in this situation but it is still bouncing back to high value.

- Corona's influence on crypto is probably just a small part, it's not a devastation so big as many people think because crypto has had a great year, adjusting to expect higher prices is what crypto should do, the recent collapse is a correction, the virus was just a coincidence that appeared at the same time with correction, making the market a bit worse but in general, the price was still stable as planned. There is no permanent and irreversible damage when the government will gradually solve economic problems, which is obvious when the price of bitcoin returns in the previous days