Post
Topic
Board Altcoin Discussion
Re: Will 2020 be exactly what we hoped for anymore
by
panganib999
on 15/04/2020, 23:20:40 UTC
Good day friends and family on here, here are few questions disturbing my little mind since I wasn't expecting this virus this year, I thought this year will actually be the best since years ago, but it seems I'm wrong

1. Will Bitcoin halving have impact on crypto market this year with the virus outbreak?
2. Is Coronavirus benefiting crypto at all?
3. Will New projects be able to proceed with launching and development in this outbreak?
4. What do you think will happen to bounties this year ?

1. Let us just see until the halving come that will be just a few more weeks from now. We don't really know what will happen after the halving so we cannot tell if it will have a direct impact of a good or a bad one specially at times like this. But apparently, maybe the effecr will not be that obvious because of the situation we currently have.

2. On my own perception based on what I have observed on the cryptocurrency price charts of the ones I am holding right now, I can see that cryptocurrency is not benefiting on the current situation we do have because people tend to rely on fiat rather than crypto basically because not all countries are adaptable on using cryptocurrency directly to purchase necessities so people will tend to sell or convert their cryptocurrencies into fiat to sustain their needs.

3. With this kind of situation we have, I think no projects will be able to proceed because there will be no support that will be coming from investors for many people are preserving their money into a more important matter which is physical necessities that is needed to survive this crisis.

4. Honestly, I do not really have an idea what will going to happen on bounties this year because we all do have high hopes for this year because of the good start it have shown but all of a sudden because of this unexpected situation, everything has changed but I do hope that still great things will happen not just for bounties but as well for the whole cryptocurrency industry.