Post
Topic
Board Economics
Re: How Will the current pandemic affect the crypto market?
by
Harriti
on 26/04/2020, 07:30:08 UTC
As I've seen so far, Altcoins doesn't looks like they are being affected by this pandemic going on..

So, it's like most lockdowns are making people go into trading and bringing more users to cryptocurrency trading.
Do anyone think the Coronavirus will reshape the cryptocurrency economy or blockchain industry positively?
I will also like to see more explanations if there is.


The corona virus will reshape the world economy but not with cryptocurrencies. To me, the crypto market is just a small market and is not controlled by the SEC. Therefore, the whales are easy to manipulate the market and there will be a lot of greedy people dying here. Crypto market has been growing for 10 years but now the market capitalization is getting lower and lower because crypto is not trusted anymore. Many traders have realized this is a powerful manipulation market. They will not want to join and pour money into this market anymore.