Quote from: davis196 on March 23, 2020, 12:10:23 PM

Quote from: nennanem on March 23, 2020, 10:00:30 AM

Hey, I was wondering, how will the crypto market react to the virus?
In this regard, I found the article about it, https://cryptogeek.info/en/blog/coronavirus-reveals-cryptocurrencies-are-crisis-resistant, it says, that crypto is well resisted to the crisis, what do you think? Is that true?

The market panic affected the cryptocurrency prices,but it still hasn't affected the blockchains.
The miners are still mining,even though there might be another price drop.There's still hope that the coronavirus pandemic will probably end in the summer,so I guess the miners are expecting a price recovery after the halving.The question "Is the blockchain strong and flexible enough to handle a huge global crisis?"
has to be a subject of a serious and complex discussion.What if the electricity production worldwide decreases because of the pandemic(more people in that industry get quarantined or diagnosed)?

We live on one planet and everything that happens here somehow affects each of us. Cryptocurrency is also dependent on world events.

Btw, about the blockchain. How will a decrease in the number of miners affect the value of a coin?
Im talking about a decrease since the virus probably affected a lot of miners.