At least, bitcoin is not dropping as classic financical markets. Im loosing money due to this epidemy
I do not think so there is a link between the virus and the crypto market. Do not link everything with Bitcoin. Coronavirus situation is a health disaster, it only needs prayer and precautions. Any type of help if you can offer to the states that are fighting with this deadly virus would be a great step. This do not have anything to do with the Bitcoin or crypto market. 
Topic: Corona Virus and The Effect on The Markets - page 6. (Read 822 times)
So far, this virus has not spread dangerously to make it a threat to global security, it is largely confined to China & some countries.
the number of deaths is about 140 death, which is a much lower number than deaths due to disease or even natural death.
Even if the matter turns into a global pandemic, it will seriously harm some commodities and products that come from China, and it may affect some banknotes, but it will not be a major factor in the rise of the index or causing the price to collapse.
the number of deaths is about 140 death, which is a much lower number than deaths due to disease or even natural death.
Even if the matter turns into a global pandemic, it will seriously harm some commodities and products that come from China, and it may affect some banknotes, but it will not be a major factor in the rise of the index or causing the price to collapse.
The Corona virus is spreading and is visible in the financial markets as well as in Bitcoin : https://youtu.be/DZ7Ps70of4I
At least, bitcoin is not dropping as classic financical markets. Im loosing money due to this epidemy
I do not think so there is a link between the virus and the crypto market. Do not link everything with Bitcoin. Coronavirus situation is a health disaster, it only needs prayer and precautions. Any type of help if you can offer to the states that are fighting with this deadly virus would be a great step. This do not have anything to do with the Bitcoin or crypto market. 
I don't think so. This is not the effect of the pandemic, if any, it should have caused a decline. If you think you have a good chance of dying from a spreading pandemic you'd more likely cash out and try to use that money to avoid it by buying supplies, etc, rather than holding it.
Unless of course you're ultra-rich and have already prepared beforehand...
Unless of course you're ultra-rich and have already prepared beforehand...
It may not be a Fundamental yet, maybe they may be taking advantage of it to cause some type of panic for sell cheap bitcoins, the effect of this may be usable for whales (perhaps, it is mere speculation). However, taking into account that the market is moved largely thanks to emotions, it is likely that a percentage will obey it. The effect would be almost immediate if it is considered a Fundamental, at an economic level it can be considered that way.
The Corona virus is spreading and is visible in the financial markets as well as in Bitcoin : https://youtu.be/DZ7Ps70of4I
Even Corona virus was spreading, I never see bitcoin that are affect by this virus problem in China. In fact, the price of bitcoin was getting higher instead in the market, right? that is most important so far to all bitcoin fanatic here in this industry anyway. Maybe in some country they got affect by this illness but for bitcoin is not.
I wouldn't go so far into dragging the markets into an epidemic issue concerning the virus. Stock indices are still doing just fine on my books the last time I checked, and most--if not all--markets are far from the epicenter of the epidemic. Business usual as they say, and we might even be nearing the end of this contagion as Australia have already replicated the 2019 nCoV in a laboratory, meaning we could produce a milder strain to negate the effects of the wild nCoV amongst humans.
Should the epidemic last for a couple more weeks/months, perhaps that's where drastic changes would happen, especially if the cases continues to rise and rise. By then I'm sure major markets would take the hit, but for now I'm pretty confident that the virus isn't affecting any market as of this moment.
All the global stock markets seems to be doing well with the notable exception of the Hang Seng and am sure this would be because China is the epicenter of the Coronavirus and people seem to be scared, the whole thing hasn't become a global crisis yet that's why most of the world's market are all doing extremely well in that regards. Should the epidemic last for a couple more weeks/months, perhaps that's where drastic changes would happen, especially if the cases continues to rise and rise. By then I'm sure major markets would take the hit, but for now I'm pretty confident that the virus isn't affecting any market as of this moment.
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Financial analysts are trying to make a comparison with the SARS virus which appeared in 2003, it had a negative impact on Chinese growth. But the financial markets had rather reacted positively with a rather increased volatility (particularly when WHO announced an alert), the S&P 500 index, for example, had jumped by 10%.
But nowadays China's share of world GDP has tripled since 2003 so the result may be a lot different especially if restrictions start. Perhaps the markets are already anticipating (the case for DAX and CAC40) and that's perhaps why the crypto market is green too (with a positive trend + high volatility). About $700 in a week, if there is an alert from WHO I wonder if BTC can hit $10k :p
That's an overrated reaction dude. This epidemic crisis the world facing has nothing to do with cryptocurrency markets. Stop relating every event that occured which has no basis to affect its price.
Yes the epidemic has a lot of negative effect but not to this market, but to China economic zone alone. This will decrease their confidence to go in and out of their country which affect other countries tourism cause Chinese to travel around the globe, and also their products which will halt for a while. But no relevant relation regarding crypto.
Yes the epidemic has a lot of negative effect but not to this market, but to China economic zone alone. This will decrease their confidence to go in and out of their country which affect other countries tourism cause Chinese to travel around the globe, and also their products which will halt for a while. But no relevant relation regarding crypto.
The Corona virus is spreading and is visible in the financial markets as well as in Bitcoin : https://youtu.be/DZ7Ps70of4I
The Youtube uploader would like to make it appear that the Corona virus has something to do with the price, when in fact people are expected that this will be the case this halving year, but he has good reason because he thinks in advance and he is even using a chart to make it appear it is so.
The Corona virus is spreading and is visible in the financial markets as well as in Bitcoin : https://youtu.be/DZ7Ps70of4I
Well if you'll observe, the market has gone positive quite recently. I don't know if there's any connection but it seems that circumstances like these would make digital and electronic transaction more relevant. It's safer that p2p contact transactions. I think there are people who also thinks this way and looks ahead, boosting crypto's stock. We've quite sustained 9k already for a few days.
Just like on what others telling here that i dont see for it to affect the market.It might create some panic but wont really come to that certain extent.
At least, bitcoin is not dropping as classic financical markets. Im loosing money due to this epidemy
I wouldn't go so far into dragging the markets into an epidemic issue concerning the virus. Stock indices are still doing just fine on my books the last time I checked, and most--if not all--markets are far from the epicenter of the epidemic. Business usual as they say, and we might even be nearing the end of this contagion as Australia have already replicated the 2019 nCoV in a laboratory, meaning we could produce a milder strain to negate the effects of the wild nCoV amongst humans.
Should the epidemic last for a couple more weeks/months, perhaps that's where drastic changes would happen, especially if the cases continues to rise and rise. By then I'm sure major markets would take the hit, but for now I'm pretty confident that the virus isn't affecting any market as of this moment.
Should the epidemic last for a couple more weeks/months, perhaps that's where drastic changes would happen, especially if the cases continues to rise and rise. By then I'm sure major markets would take the hit, but for now I'm pretty confident that the virus isn't affecting any market as of this moment.
The Corona virus is spreading and is visible in the financial markets as well as in Bitcoin : https://youtu.be/DZ7Ps70of4I
Well if you'll observe, the market has gone positive quite recently. I don't know if there's any connection but it seems that circumstances like these would make digital and electronic transaction more relevant. It's safer that p2p contact transactions. I think there are people who also thinks this way and looks ahead, boosting crypto's stock. We've quite sustained 9k already for a few days.
The Corona virus is spreading and is visible in the financial markets as well as in Bitcoin : https://youtu.be/DZ7Ps70of4I
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