Topic: Chinese Crypto Vs Corona Virus - page 8. (Read 1163 times)
For the Chinese economy, maybe yes but certainly not for crypto and as I remember crypto users from china are not too large and even for exchanges more from eu and us than china it's just that this might have a "dumping" effect because i think some of the citizens whose cities are exposed to corona will sell assets to survive.
I think this Corona virus is worse then they are letting out, Messages from chinese people are getting deleted on twitter about the subject and in the meanwhile they have the largest quarantine in human history, and the whole of china is lockdowned now and they just announced travel is restricted now as well.
Look at this video it looks pretty bad
https://youtu.be/hbKx7KwGyFI
Hopefully this doesn't spread to much and other country's can contain the virus more but with a 2 week incubation time it is pretty hard because you can't even see or know if u are sick yet for 2 weeks..
Now how this is going to affect the crypto market I don't know, anything could be possible depending how much worse this outbreak is going to be as well.
People could buy more but why would u want Crypto when u know u are going to die it would be more logical to sell to buy food and medicine in my opinion.
Look at this video it looks pretty bad
https://youtu.be/hbKx7KwGyFI
Hopefully this doesn't spread to much and other country's can contain the virus more but with a 2 week incubation time it is pretty hard because you can't even see or know if u are sick yet for 2 weeks..
Now how this is going to affect the crypto market I don't know, anything could be possible depending how much worse this outbreak is going to be as well.
People could buy more but why would u want Crypto when u know u are going to die it would be more logical to sell to buy food and medicine in my opinion.
The Corona virus is a serious issue to deal with.
The news about coronavirus has been circulating for more than a week already but seem doesn't contribute to the crypto market. This isn't something of a war which people are more aware of whether they need to hurry and store their money elsewhere. In case of outbreak, its the opposite that people do, they get ready and hold fiat in case they need to pay hospital bills for treatment.
Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.
This outbreak is really affecting a lot of people in Asia and there could a possibility that it could affect the market if the virus is spreading across all over Asia and some people who are investor may used and dump their BTC which is really bad in market.But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.
And i think the impact of this crisis will not be big and recovery will be soon.
Maybe this will only have an impact on the global economy, open to the crypto market, maybe it's only a part of it and it's unlikely that it will be severe.
Viruses like Corona are the government that will deal with them because this is a big problem and almost in Asia affected by the Corona outbreak.
Yeah right, so the point is we don't need to worry about the current state of the crypto market, I think this will be okay, no need to worry.
What needs to be taken care of is that if you are in the Asian region, you must be aware of a virus like this immediately anticipate now before it happens to us because this virus is very dangerous and can cause death.
Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.
This outbreak is really affecting a lot of people in Asia and there could a possibility that it could affect the market if the virus is spreading across all over Asia and some people who are investor may used and dump their BTC which is really bad in market.But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.
And i think the impact of this crisis will not be big and recovery will be soon.
Maybe this will only have an impact on the global economy, open to the crypto market, maybe it's only a part of it and it's unlikely that it will be severe.
Viruses like Corona are the government that will deal with them because this is a big problem and almost in Asia affected by the Corona outbreak.
This situation won't affect cryptocurrency at all even though it's China that is affected by this virus. First is how? They wouldn't be minding their wealth and money because it's the health that they're talking about. Health first and their money or investments won't matter with this situation. It's really hard to connect this two but basically it will be a crisis for China to overcome this. There's no cute yet and it keeps on spreading to people. What's scarier is that the virus is not only in China, it's spreading with different countries.
Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.
This outbreak is really affecting a lot of people in Asia and there could a possibility that it could affect the market if the virus is spreading across all over Asia and some people who are investor may used and dump their BTC which is really bad in market.But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.
And i think the impact of this crisis will not be big and recovery will be soon.
Maybe this will only have an impact on the global economy, open to the crypto market, maybe it's only a part of it and it's unlikely that it will be severe.
Viruses like Corona are the government that will deal with them because this is a big problem and almost in Asia affected by the Corona outbreak.
Today is a big celebration day of the Chinese New Year, but on the other hand China is being hit by an epidemic that is the corona virus. So the Chinese government recommends that Chinese citizens do not travel on holidays and they close some tourism facilities to the public.
Even in Japan reportedly there are some shops that do not allow tourists from China to not visit their stores.
From this incident, will this affect the economy of China, especially China and the global crypto world?
https://www.washingtonpost.com/business/economy/global-markets-swoon-as-lethal-virus-in-china-spreads/2020/01/23/a2223898-3dff-11ea-8872-5df698785a4e_story.html
Even in Japan reportedly there are some shops that do not allow tourists from China to not visit their stores.
From this incident, will this affect the economy of China, especially China and the global crypto world?
https://www.washingtonpost.com/business/economy/global-markets-swoon-as-lethal-virus-in-china-spreads/2020/01/23/a2223898-3dff-11ea-8872-5df698785a4e_story.html
In no way i can see this virus relevant on use cases, regulations or acceptance of crypto. There has been actual things happening in China against permissionless cryptocurrencies. Virus that's killing elderly people is of course awful but it's not one of them.
Obviously a huge global pandemic with millions of victims would have negative consequences on the global economy, and if the timing is right, it could drive the economy into a recession, as we already have some gloom and doom predictions in the recent years. However, we are very far from it, the last decades had many outbreaks like Ebola or SARS, but they all were largely contained and no observable effects on the economy were witnessed, so it's likely to be the same this time.
This is my opinion about this.
CRYPTO will be STRONGER.
Why? Due to this outbreak and locked down, they will realize that digital currency is needed in doing transactions while inside their houses or offices. They don't need to be on the bank, they don't need to go to the groceries and everything will be delivered to them. Bitcoin and Altcoins will be a great help and option to an incident like this. The transactions will continue and payments will ne as easier and better.
CRYPTO will be STRONGER.
Why? Due to this outbreak and locked down, they will realize that digital currency is needed in doing transactions while inside their houses or offices. They don't need to be on the bank, they don't need to go to the groceries and everything will be delivered to them. Bitcoin and Altcoins will be a great help and option to an incident like this. The transactions will continue and payments will ne as easier and better.
I doubt it will effect Crypto world as you only need a device to access your portfolio and exchanges to make transactions. There will be no immediate effect on the economic also but, things can quiet get worst if immediate preventive measures are not taken. At the moment Chinese government is doing the best it can to stop thing go out of its hand.
It does not yet have a real effect on the global economy, it only affects regional economic activity and has nothing to do with crypto, unless the scale develops in national reach, the first to be affected is the RMB and the surrounding business environment. Virus prevention continues with gradual quarantine, hopefully Corona will not actively spread throughout the world.
Today is a big celebration day of the Chinese New Year, but on the other hand China is being hit by an epidemic that is the corona virus. So the Chinese government recommends that Chinese citizens do not travel on holidays and they close some tourism facilities to the public.
Even in Japan reportedly there are some shops that do not allow tourists from China to not visit their stores.
From this incident, will this affect the economy of China, especially China and the global crypto world?
https://www.washingtonpost.com/business/economy/global-markets-swoon-as-lethal-virus-in-china-spreads/2020/01/23/a2223898-3dff-11ea-8872-5df698785a4e_story.html
Even in Japan reportedly there are some shops that do not allow tourists from China to not visit their stores.
From this incident, will this affect the economy of China, especially China and the global crypto world?
https://www.washingtonpost.com/business/economy/global-markets-swoon-as-lethal-virus-in-china-spreads/2020/01/23/a2223898-3dff-11ea-8872-5df698785a4e_story.html
Its kinda a weird timing that they are just messing with the possibility of a "FIAT digital currency" , and now this flu breaks out
Tho really, the Earth tends to do that when theres too many people on it or in one spot, disease and general bad things tend to happen, sux man
but its prob not crypto related if i had to guess : / just coincidence
Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.
This outbreak is really affecting a lot of people in Asia and there could a possibility that it could affect the market if the virus is spreading across all over Asia and some people who are investor may used and dump their BTC which is really bad in market.But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.
And i think the impact of this crisis will not be big and recovery will be soon.
in the Chinese economy it will definitely have a bad effect, but in the crypto economy then I don't think it will have much impact because I don't think this will have an impact, because the use of bitcoin and crypto there is limited so I don't think it will have much impact.
Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.
This outbreak is really affecting a lot of people in Asia and there could a possibility that it could affect the market if the virus is spreading across all over Asia and some people who are investor may used and dump their BTC which is really bad in market.But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.
And i think the impact of this crisis will not be big and recovery will be soon.
I don't see any correlation why investors will dump their btc during this crisis. What would be the reason why they will do that? I think this health scare from China has no relationship in what crypto users will do to their btc. Just my opinion here...
The outbreak of the virus in China has a close relationship with the Chinese economy, but it will not affect the crypto. It is possible that in China now many economic support facilities have been terminated for reasons of avoiding Corona infections. But will China be able to close the crypto movement? we take a real example, this Binance is Chinese, is binance also covered by this virus?
Well , lets make a joke , a few years ago , john mcafee has advisoring a zombie coin , and somehow this seems to have a connection, and how you think about it?
And it from china too.
And it from china too.
Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.
This outbreak is really affecting a lot of people in Asia and there could a possibility that it could affect the market if the virus is spreading across all over Asia and some people who are investor may used and dump their BTC which is really bad in market.But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.
And i think the impact of this crisis will not be big and recovery will be soon.
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