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Topic: Biggest winner during COVID? - page 8. (Read 5146 times)

legendary
Activity: 3164
Merit: 1175
July 19, 2020, 03:26:48 AM
I remember an article about Soros, and how he made his fortune. While many people are losing, Soros is making profit. Its the fact I will never forget, in every crisis while majority is losing what they have and struggle to survive, there are people who make huge profits. Of course its not just about the profit, they strengthen their positions and making new ones, it's all bout the control.
So for me this is not some big surprise, it's how world works, some people will use every situation to make advantage. It's business, there's no love and emotions, just winner's and losers.
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
July 18, 2020, 07:18:05 PM
The big winner is the person who manipulates behind the scenes I guess it is hard to calculate if how much is their multiple incomes during COVID aside from this their wealth continues because people have become accustomed to wearing a face mask at any time and mainly obliged to buy and I think they made the disease they also made the medicine.
hero member
Activity: 2856
Merit: 655
July 18, 2020, 07:04:47 PM
It is the pharmaceutical companies who are the biggest winners over here. Look at Moderna. As soon as they released a statement saying that phase 1 and phase 2 has been a success and that they are now entering phase 3 which is highly likely to be successful, look at their stock price skyrocketing! Just few vaccines were able to reach phase 3 and if those get successful, they will be make good amount of profit from those vaccines they will produce and sell!
Im not aware with that Moderna and thanks for elaborating it out and i agree that pharmaceuticals are the ones who do make big money on this on this current pandemic yet we know that this do talks about  health issue.

Not only with medical side but also on other essentials as well like grocery stuff and other things that are essential on peoples survival.For other industries that isnt really that much needed does really able to

feel the effect on the pandemic and to see that of companies or workers have lots their jobs and totally close up the business since its not feasible for them to continue.
full member
Activity: 649
Merit: 100
July 18, 2020, 06:44:08 PM
In general, no one benefits. the medical field is also very disadvantaged because the hospital handling corona virus is free. those who benefit are those who can take advantage of this situation. therefore I am afraid that many evil people will appear. remember felt when the price of masks and hand sanitizers are expensive. and now for rapid tests and covid-free health documents are widely traded.
legendary
Activity: 2884
Merit: 1117
Leading Crypto Sports Betting & Casino Platform
July 18, 2020, 03:04:32 PM
Definitely there could be multiple winners during/end of this pandemic.

Already producers of sanitizer and tailors who are making masks are making big money out of current demands from masses. They must be making more profits compared to what they usually do before pandemic times.

Even crude-oil prices are not doing good in international markets, my government is not reducing fuel prices; this way my government must be making big money and definitely they are going to be the winner by making use of public money through charging more on fuels. This cannot be a good thing we can expect from a government but we need to bear as government need some money to run themselves when other taxation methods are not doing good.

I heard some specific skill based freelancers are getting more projects after covid19, probably they will be one of the winner at the end of pandemic.

It is worth to mention here, in my country agriculture products are not getting any new prices just because of lockdown/pandemic things. So, as usual farmers cannot be winner here as well.
member
Activity: 708
Merit: 18
Do it For Better Humanity (Bitget trader)
July 18, 2020, 12:23:34 PM
At first the biggest winners was China obviously, because they produced products that is highly important during this pandemic but because of trade war, failed testing kit and the anti-china products, they seems like they failed to manipulate the whole market. Rich countries are making way to make their own vaccine, and other big pharmaceutical companies simply because they don’t want to depend on Chinese vaccine and I think the first country to make a real vaccine will become the over all winner. Well, If you don’t have the virus then you can still consider yourself as the Biggest winner, life is more important than money. Cheesy

I support this. You are absolutely right. China have made more progress as I've seen so far.
And when the virus is getting wiped. The rate at which is reduces in China was faster than any other countries in the world.
The part I pity most is Africa. Some African countries don't have enough facilities but this doesn't mean they are not among the winners because they have less COVID-19 cases so far.
And also. As you have said. Being alive makes us a winner also. Because the Virus is actually out the kill. That's the fact
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
July 18, 2020, 11:42:48 AM
Oh, come on. All these stories about global warming and super - CO2 emissions that will "kill us all" is more a means of manipulating anagged persons than something that has a real obsnovanie and problems.
jr. member
Activity: 328
Merit: 2
July 18, 2020, 11:08:44 AM
I think the group of people that can provide medicine for covid virus will be the biggest winner here including all the doctors and the pharmaceutical companies of course. If ever those vaccines enter into market the price will be expensive.
copper member
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
July 18, 2020, 11:03:36 AM
It is the pharmaceutical companies who are the biggest winners over here. Look at Moderna. As soon as they released a statement saying that phase 1 and phase 2 has been a success and that they are now entering phase 3 which is highly likely to be successful, look at their stock price skyrocketing! Just few vaccines were able to reach phase 3 and if those get successful, they will be make good amount of profit from those vaccines they will produce and sell!
member
Activity: 1358
Merit: 81
July 18, 2020, 10:59:54 AM
The answer is obvious: Guyana.

With most of the world expecting a contraction in 2020 or at best very marginal growth, they are coming off a huge crude oil discovery made late last year. They just officially became an oil producing nation and are expecting something like 50% growth this year.

https://www.gfmag.com/global-data/economic-data/countries-highest-gdp-growth

Vietnam is looking strong, probably the best in Asia. They actually grew in Q2 despite the pandemic. They are also well positioned to increase their market share of exports as manufacturers look to move production outside of China.
Interesting article, I did not know about the discovery of an oil field in Guyana. I have done a search and found more information about it. Guyana has already make its first shipment of oil 1 million barrels of Liza light sweet crude was bound for Galveston, Texas. Negotiations conducted with Exxon Mobil Corp and Hess Corp and CNOOC of China.

January 20, 2020">https://www.reuters.com/article/us-guyana-oil-cargo/guyanas-first-ever-oil-cargo-to-be-refined-by-exxon-in-the-us-idUSKBN1ZJ1V4
January 20, 2020


But all this happened before the Covid19 pandemic I think that the economic projection may vary because the circumstances are now different. The important thing is that Guyana has a powerful resource that must be intelligently managed in its favor and not allow mismanagement.
sr. member
Activity: 1036
Merit: 281
July 18, 2020, 10:55:46 AM
I think there is no really big winner at this time of pandemic because all of us are seriously affected by the spread of the virus. Yes, it is indeed that the sales for medical drugs have rise up because people do want to keep themselves immune from any virus as well as purchasing of many alcohols and other related sanitation to somehow get rid from the possibility of acquiring the virus. But that is not quite a point to state that the medical industry are the ones benefiting from this crisis and it is not that right to think of that because we are all into the extent of finding ways to prevent the spread of virus.

Business establishments have been down temporarily and some are permanently because of the community quarantine being implemented to help prevent the spread of virus so even the rich people are affected by this crisis. I think no one have the advantage or the biggest edge at this time for we are all lying on the same spot of crisis. It is just that we are having different experiences during this pandemic depending on our social status but seriously all are affected and no one can be stared as a big winner because of the pandemic.
Not all of business are been down and there are some that are even making a lot of money than before like medical companies and pharmaceutical especially if there will be vaccine that will be created. Yes it is sad to hear that many people are suffering but it doesn't mean that all are having hard time to experience this kind of pandemic. One of the companies that are making more sales than before is zoom, before there are only using it but now; majority of the people on the rest of world are now using it because of lockdown and community quarantine.
newbie
Activity: 7
Merit: 5
July 18, 2020, 10:52:49 AM
Though suburbs and exurbs will soon benefit  Shocked Shocked —so will states that offer nice climates, low taxes and open space. People will question the need to live in crowded cities where people are on top of each and more susceptible to catching viruses. New York City is an example of this. The city has been the hardest hit and it's the most densely populated place in the country. It's also an extremely expensive place to live.
newbie
Activity: 7
Merit: 5
July 18, 2020, 10:46:47 AM
Many states were in bad financial straits before the pandemic. With companies forced to close down and millions of Americans unemployed, tax revenue for states precipitously plummeted. New York, New Jersey, California, Illinois and other states have been hit hard. They’ve been squeezed, having to spend money on fighting the outbreak while receiving less money in taxes that’s needed to keep things running.  Undecided Shocked Shocked

The only solution for states is to both raise taxes and make some drastic cost cuts. Just like what happened to New York City in the 1970s, police officers, firemen and teachers will be let go to reduce expenditures. This resulted in the degradation of the city. There was a spike in crime, the schools became overcrowded and garbage piled up on the streets.  Undecided Undecided
hero member
Activity: 2310
Merit: 757
Bitcoin = Financial freedom
July 18, 2020, 08:18:07 AM
Doctors, medicine manufacturers,mask producers, sanitizer and disinfectant producers and lot more are the one who got benefits from this covid 19 spread because this is the best time to make money and they are keep doing it with the buzz affecting word corona.While Elon Musk is gaining more network due to tesla stock value increases this also something we need to look for.
newbie
Activity: 23
Merit: 0
July 18, 2020, 07:18:58 AM
Maybe the environment is the big winner of this whole situation  Grin
I would be curious to see the amount of CO2 saved as a consequence of the global lock-down.
There are bunch of articles and podcasts on this theme at the moment - and the answer of science is No, environment hardly got any chance to recover from things we've done to it for many decades non stop.
Air was a bit cleaner from pollution for a month or so, but thats just temporary and won't bring any long term effect
hero member
Activity: 2254
Merit: 658
Revolutionized copy gaming platform
July 18, 2020, 07:13:54 AM
We are aware that most of the countries economy has gone for a toss and many are at the brink of collapse but who has been the biggest winner of this pandemic? is it corporate medical industry who are charging abnormous fee for treatment or else a particular regime who is silently buying stakes of major groups at lower price during this situation? Do you think this was a man-made virus to destabilize the world's economy and buy huge shares so that a vaccinations can be rolled out once the enough damage is made ?

In my opinion, the biggest winner would be the health companies (especially if they have an immune system booster product, etc.). You know why? Health is the most essential priority of all time. People are looking for solutions to combat or ease symptoms of COVID-19 despite if there’s no cure or vaccine yet.

Like for example, people are finding solutions to boost or strengthen their immune system during the pandemic. It is believed that by boosting it, there’s a higher chance that you’ll recover from COVID-19. So they are buying vitamins and supplements that could probably solve their problem, and health companies are benefiting from it.
full member
Activity: 1358
Merit: 134
★Bitvest.io★ Play Plinko or Invest!
July 18, 2020, 04:46:01 AM
As for today, I think there is no real in terms of having a pandemic outbreak because there are a lot of people today are suffering because of this pandemic outbreak some of them cannot go to the outside world and do their job to earn money and some of them are already losing their job because they cannot make an open again of their businesses because they are afraid of this virus that will be attached on them there are a lot of factors why they don't want to get in there with this virus.

But in terms of the country and who is the winner? I think for me is china even they are already cured the virus there are still doubting on them according to the recent post there are a lot of people right now are recovery to this country and some of them are giving a statement of having a COVID free country right now.
member
Activity: 213
Merit: 11
July 18, 2020, 04:21:48 AM
Consequently, cryptocurrencies surge, with Bitcoin leading the charge. The first predictable outcome of the Covid-19 impact comes in the form of shifting trust. The shift from traditional assets, such as gold, stocks, bonds, to cryptocurrency.
hero member
Activity: 616
Merit: 503
★Bitvest.io★ Play Plinko or Invest!
July 18, 2020, 03:55:56 AM
Maybe the environment is the big winner of this whole situation  Grin
I would be curious to see the amount of CO2 saved as a consequence of the global lock-down.
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
July 18, 2020, 03:50:48 AM
You know, in one cartoon there was a good phrase: "Those who do not know how to make money in war do not know how to make money at all."
The same can be said about any major diseases - it is quite obvious who kept afloat and expanded during the pandemic and I do not think that they need to be introduced.
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