The effects of pandemic on bitcoin is directly related to how severely it affected the global economy.
In case of Covid-19, it affected the global economy really bad crashed the market. This created a huge impact on bitcoin as well and declined it's price by half.
It's not necessary that every pandemic situation will impact the market in the same way.
Topic: Bitcoin during pandemics - page 6. (Read 1044 times)
There is no real sample size for your dataset to come to conclusion, the first two are mostly a regional thing and I do not think it has any effect on global market, surprise you did not put SAR Virus in it, which seems to have more casualties than the first two on your list.
Because as far as information goes the SARS epidemic happened in 2003. 6 years before bitcoin was even born. I believe that though pandemics and cryptocurrency prices aren't directly correlated, diseases and world-wide epidemics like the COVID-19 can still affect people's thinking and would then cause them to dump out their investments. This is just my inference but I see strong evidences supporting it. And as I have mentioned, despite SARS claiming more lives than COVID-19 or MERS-CoV had claimed during their duration, it was the fact that the issue blew up 6 years before the dependent variable have even existed. 
I support for those who says that the situation of bitcoin now is really different with the privious pandemic. Have you consider that Chinese's people give a lot of effect for bitcoin price? And now when the corona virus came maybe they were intend to sold their bitcoin because need money to buy some stuff to meet their daily live. So as the price of bitcoin felt and make many user panic and sold their bitcoin as well. Yeah Chinese's people has been overcome bitcoin mining, I saw in a lot of news who stated that chinese have more then half bitcoin miner on this world.
From the previous week there are a lot of things happen related into our world there are a lot of unexpected happening and even and one of this is the pandemic outbreak happening because of the coronavirus of the ncov-19 this virus is coming from Wuhan, China and it came from eating an exotic foods came from insects, bats and more and we cannot blame because it is a tradition of them. By this, the stock market to falls down because of the problem we have today still we are looking forward to make more earnings after this kind of downfall. Some of the people holding their bitcoin is rapidly selling on it and a huge impact to the world market and this is not quite good because the market price of the bitcoin came from 8k dollars immediately fall down in 5k dollars also we are hoping the market price will bring back and becomes profitable soon also halving is coming.
I support for those who says that the situation of bitcoin now is really different with the privious pandemic. Have you consider that Chinese's people give a lot of effect for bitcoin price? And now when the corona virus came maybe they were intend to sold their bitcoin because need money to buy some stuff to meet their daily live. So as the price of bitcoin felt and make many user panic and sold their bitcoin as well. Yeah Chinese's people has been overcome bitcoin mining, I saw in a lot of news who stated that chinese have more then half bitcoin miner on this world.
People are panicking, selling bitcoins, the price is dropping. People are panicking because of the coronavirus. Therefore, it seems to me that there is still a connection between coronavirus and a drop in the price of bitcoin.
all related to emergencies will certainly affect crypto including bitcoin. because even though not directly but the impact will be affected as well and many are panicked in responding to this. As the epidemic is gradually resolved, it will return to positive things again. I hope this epidemic can be handled properly. 
Back in 2012 and 2014,Bitcoin wasn't widely adopted and those viruses (MERS and Ebola) weren't spreading with a lightning fast speed across the world,causing panic and closing borders.Your comparison is completely wrong.Anyway,I'm glad that the Bitcoin price is stable at around 5,2K USD.There might be another decrease to around 4K USD or even lower,if the extreme situation continues.I think that the pandemic situation will continue in the Western world for at least 2-3 months.We don't know how the virus will react to the summer heat.
it is not COVID-19 that has affected bitcoin price, it has never been because there simply is no relationship between the two. it is literary every other market that has been dumping and the fear that the weak hands had thinking there should be a dump in bitcoin too so they jumped the ship. with whale manipulation accumulation on top, we've got ourselves a big crash 
Somehow I am starting to think that the portion of decrease we got is due to the virus, I mean what could still possibly affect it. I can sort of agree that due to the pandemic issue we got, people are now dumping/selling because of the fear and causing panic, which is almost normal reaction to many people here in crypto. I didn't panic though nor I'll sell bits of my coisn right now.Whale manipulation is also a thing though. I remembered news about an anonymous trader who bought a lot of million worth in USD of Bitcoin, then that increased the price of Bitcoin back when it was supporting in 7k.
The correction in traditional markets have spiralled into cryptocurrency - likely due to margin calls and such
why not use the stats of regular and annual "influenza"?
there has been 34 million cases of flu in the United States, 350,000 hospitalizations and 20,000 deaths. and that's just US and this happens every year not just a short term pandemic.
in comparison all over the world there has been 219k total cases with 8k deaths of coronavirus.
i said this before too, the only reason why COVID-19 is causing panic like this is because it is new and "sexy" and the media is covering the shit out of it. and of course the market manipulators are enjoying it a lot with their shorts in all markets (stocks, gold, oil, bitcion,...)
there has been 34 million cases of flu in the United States, 350,000 hospitalizations and 20,000 deaths. and that's just US and this happens every year not just a short term pandemic.
in comparison all over the world there has been 219k total cases with 8k deaths of coronavirus.
i said this before too, the only reason why COVID-19 is causing panic like this is because it is new and "sexy" and the media is covering the shit out of it. and of course the market manipulators are enjoying it a lot with their shorts in all markets (stocks, gold, oil, bitcion,...)
it is not COVID-19 that has affected bitcoin price, it has never been because there simply is no relationship between the two. it is literary every other market that has been dumping and the fear that the weak hands had thinking there should be a dump in bitcoin too so they jumped the ship. with whale manipulation accumulation on top, we've got ourselves a big crash
There is no relationship between these two but thing is people behave based on what the situation outside. As what you have said people are simply panicking, fearing and having a weak hands so basically this is because of the pandemic. This isn't just a coincidence that's for sure. 
Maybe the reason that there is an impact felt in the cryptocurrency market is that if you look at the spread of diseases. Ebola and Mers was not declared pandemic but it is different for COVID-19 because it was declared WHO as a pandemic thus creating a ripple effect in the market.
MERS epidemic was small, so it didn't affect the markets much. Same goes for Ebola - the fact that Bitcoin dropped during that time is a coincidence, as Bitcoin was experiencing a bubble that popped at that time. Now the recent crash was different, because it caused a real panic on stock market, since all countries were taking drastic measures that hurt their economies. Bitcoin was always a risky asset, so this time when things actually got serious, investors started selling it, which triggered a big crash.
it is not COVID-19 that has affected bitcoin price, it has never been because there simply is no relationship between the two. it is literary every other market that has been dumping and the fear that the weak hands had thinking there should be a dump in bitcoin too so they jumped the ship. with whale manipulation accumulation on top, we've got ourselves a big crash
There is no relationship between these two but thing is people behave based on what the situation outside. As what you have said people are simply panicking, fearing and having a weak hands so basically this is because of the pandemic. This isn't just a coincidence that's for sure. Yup. In my group of friends I saw in a smaller scale how this panic manifested differently on each of us. Me and a couple others decided to stand strong and hold, but another friend for example decided to sell because he was short on cash, and good call on him as he sold just before the dip, so I also wouldn't go too hard on people who sell calling them weak hands, maybe their current position in FIAT and whatnot wasn't as confortable as others.
So while yes there's no relationship, yes, also, it isn't a coincidence.
I want to really commend Op for the thread. It reminds me of Ebola too in 2014, it was a battle too and I believe the way it was fought to standstill, corona virus too will go down
it is not COVID-19 that has affected bitcoin price, it has never been because there simply is no relationship between the two. it is literary every other market that has been dumping and the fear that the weak hands had thinking there should be a dump in bitcoin too so they jumped the ship. with whale manipulation accumulation on top, we've got ourselves a big crash
There is no relationship between these two but thing is people behave based on what the situation outside. As what you have said people are simply panicking, fearing and having a weak hands so basically this is because of the pandemic. This isn't just a coincidence that's for sure. 
There is no relationship between these two but thing is people behave based on what the situation outside. As what you have said people are simply panicking, fearing and having a weak hands so basically this is because of the pandemic. This isn't just a coincidence that's for sure.
The pandemic nature of COVID-19 makes it the reason behind the crashes seen in the financial ecosystem. The pandemic nature of COVID-19 is what's causing fear and panic in people. This fear and panic is the basic cause in the crash of the market value of Bitcoin and other cryptocurrencies. In my basic understanding, COVID-19 is actually the cause of this crash of the Bitcoin market..
Because unlike previous cases like MERS or SARS, COVID is making a lot of countries closed their borders from everyone. Manufacturing companies shutting down and a lot of business are closed. This is my first time in my lifetime to experience this kind of impact from a virus. Have you seen countries or areas that are totally lockdown because of MERS or SARS? From what I remember only few areas are in lockdown. But with COVID, it is around the globe, flights are being cancelled in and out of countries. That's why even bitcoin is affected because most crypto users even if it is scattered around the globe, they are almost all affected by this pandemic.
There is no relationship between these two but thing is people behave based on what the situation outside. As what you have said people are simply panicking, fearing and having a weak hands so basically this is because of the pandemic. This isn't just a coincidence that's for sure.
The pandemic nature of COVID-19 makes it the reason behind the crashes seen in the financial ecosystem. The pandemic nature of COVID-19 is what's causing fear and panic in people. This fear and panic is the basic cause in the crash of the market value of Bitcoin and other cryptocurrencies. In my basic understanding, COVID-19 is actually the cause of this crash of the Bitcoin market..
it is not COVID-19 that has affected bitcoin price, it has never been because there simply is no relationship between the two. it is literary every other market that has been dumping and the fear that the weak hands had thinking there should be a dump in bitcoin too so they jumped the ship. with whale manipulation accumulation on top, we've got ourselves a big crash
I don't really think I agree with you on this. The COVID-19 pandemic has indeed influence the entire crypto market and the stock market. Considering from the day the COVID-19 gained the entire world attention, the market price of Bitcoin dropped to a percentage which has never recorded since Bitcoin was introduced to the financial ecosystem. In as much that there have been bigger crashes in the bitcoin ecosystem, this crash is somehow the biggest. Pandemics always have influence on financial ecosystem.
Previous pandemic diseases cover mostly in someplace like ebola in congo and in other parts where fine even the nearest country like Tanzania no even a single case of ebola there, it quit different with this disease COVID 19 how it spread very fast and widely, but what we forget in such situation people tend to use money and buy staff to stay cautionry no matter how and it worth or not and as you understand china people with crypto and bitcoin, probably many chines sold for cheap to cover expenses on the situation,
h1n1 was close to this. but in theory this is worse.
I posted wiki stats on h1n1 700,000,000 to 1,400,000,000 caught in from 2009 to 2010 and 175,00 to 575,000 died.
those are just estimates.
So if this corona-v spreads to 700,000,000 at 2% we have 14,000,000 dead at 5% 35,000,000 dead
If this corona-v spreads to 1,400,000,000 at 2% we have 28,000,000 dead at 5% 70,000,000 dead
Every move of any investment in any market is being based on the numbers above
Every move of any investment in any market is being based on the economic damage to come from fighting this virus.
So drink that in and think about this from a whale viewpoint.
Hmm hotels take a huge hit.
Hmm airlines take a huge hit.
Hmm restaurants take a huge hit.
Hmm cruise business crushed
Hmm ventilator manufacturers looking good.
Hmm internet remote ip should grow bigly.
Hmm gold, silver, metals should be good
Crypto coins via mining I think they are undervalued. (maybe whales will think this)
You have 1 billion in investments how and where do you shift? This is a big question.
Now that first shock has hit the big money guys they are busy think what to do with the assets they own.
big money guys are shifting their shit around.
I ask you a simple question today and for the next year do you want 10 million worth of btc or 10 million worth of princess cruise line stock.
I rate btc and crypto ahead of a lot of other investments that this virus is going to hurt.
I feel it will go stable soon and then rise better then a lot of stock for a lot of companies .
But what the fuck do i know I am just a guy typing on a key board in New Jersey, USA
I posted wiki stats on h1n1 700,000,000 to 1,400,000,000 caught in from 2009 to 2010 and 175,00 to 575,000 died.
those are just estimates.
So if this corona-v spreads to 700,000,000 at 2% we have 14,000,000 dead at 5% 35,000,000 dead
If this corona-v spreads to 1,400,000,000 at 2% we have 28,000,000 dead at 5% 70,000,000 dead
Every move of any investment in any market is being based on the numbers above
Every move of any investment in any market is being based on the economic damage to come from fighting this virus.
So drink that in and think about this from a whale viewpoint.
Hmm hotels take a huge hit.
Hmm airlines take a huge hit.
Hmm restaurants take a huge hit.
Hmm cruise business crushed
Hmm ventilator manufacturers looking good.
Hmm internet remote ip should grow bigly.
Hmm gold, silver, metals should be good
Crypto coins via mining I think they are undervalued. (maybe whales will think this)
You have 1 billion in investments how and where do you shift? This is a big question.
Now that first shock has hit the big money guys they are busy think what to do with the assets they own.
big money guys are shifting their shit around.
I ask you a simple question today and for the next year do you want 10 million worth of btc or 10 million worth of princess cruise line stock.
I rate btc and crypto ahead of a lot of other investments that this virus is going to hurt.
I feel it will go stable soon and then rise better then a lot of stock for a lot of companies .
But what the fuck do i know I am just a guy typing on a key board in New Jersey, USA
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