corona virus & bitcoin market - page 4.

onyek16M

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Quote from: techptcl786 on January 29, 2020, 12:32:13 AM

What does corona virus have to do with bullish bitcoin ?? any effects

I am not sure exactly, but as i know it give an bad effect to some currencies on asian countries like decrease value of fiat money in some countries , called make down effect for those currency country. and sure i make conclution than the corona virus gives an effect to bitcoin price as well...

Doell

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there is no any effect to the bitcoin market mate ,corona virus only exists in China the plague cannot spread because the air will be clean instantly in the wind broom ,forget it because the crypto market does't shake like that the price will also not be infected with the corona virus ,your topic similarity you can read here too https://bitcointalksearch.org/topic/m.53698107 will help you even though different words but the contents are almost same

NavI_027

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Quote from: techptcl786 on January 29, 2020, 12:32:13 AM

What does corona virus have to do with bullish bitcoin ?? any effects

Like what mostly said here, I don't see that corona virus got to do with the recent uprise of bitcoin price. You know what, actually what I expected is that the price will fluctuate downwards because we all know that China is a big part of our crypto community so since they are now facing inactivity then so as the price. But it didn't happen so it was a good news for us afterall — btc continue to rise which means the spread of virus really don't affect the market

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White Christmas

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Quote from: techptcl786 on January 29, 2020, 12:32:13 AM

What does corona virus have to do with bullish bitcoin ?? any effects

Actually I don't see any effect of the corona virus that is spreading in China and in the Philippines right now because at the first place there is no any reason why would the market will react on that because it is a merely virus and it doesn't effect any electronic things like computers and internet even though the blockchain nor the cryptocurrency because there are no reason why a merely virus can be a reason why the bitcoin market will go up and down.
Kindly do some research about the corona virus and what are the effects of it to the other person not in the bitcoin market because absolutely there is no connection with it.

Ridwan.P

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Both are very different. There is no relationship between viruses and digital currencies. The Corona virus is caused by people in Wuhan eating animals such as Bats and Rats. Maybe it is an old tradition in China. so Viruses and digital currencies have nothing to do.

tvplus006

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To the Moon

Quote from: Blackdeath on January 29, 2020, 10:10:57 AM

Quote from: techptcl786 on January 29, 2020, 12:32:13 AM

What does corona virus have to do with bullish bitcoin ?? any effects

I already have seen multiple threads about this kind of topic, and i have always been saying that corona virus and other diseases will not have an effect in the crypto market or the price of bitcoin because it will not help to increase bitcoin adaptation and thiis kind of problem will only have an effect on the global economy because a lot of people might die.

I want to share with you a link that talks about the relationship of the cryptocurrency price with coronavirus: https://www.coindesk.com/how-coronavirus-outbreak-in-china-could-weigh-on-crypto-prices One of the theories of the rise in the price of bitcoin is related to the fact that Chinese specialists can not leave their homes because of the quarantine. And they can spend more time exploring the cryptocurrency market.

Blackdeath

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Quote from: techptcl786 on January 29, 2020, 12:32:13 AM

What does corona virus have to do with bullish bitcoin ?? any effects

I already have seen multiple threads about this kind of topic, and i have always been saying that corona virus and other diseases will not have an effect in the crypto market or the price of bitcoin because it will not help to increase bitcoin adaptation and thiis kind of problem will only have an effect on the global economy because a lot of people might die.

Javed368

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I think there are possibilities that Corona virus can effect the Bitcoin market. Because China has a big market of Bitcoin and people in China are badly effected by this virus and they are not stable mentally. So this situation can effect on Bitcoin trade as the business activities are effected by Corona virus. But i hope it will not effect badly .

bison

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Quote from: Wysi on January 29, 2020, 09:55:45 AM

Not sure what's wrong with the users as I have seen multiple threads with the same topics twisted in one or the other way, how you you even think that Corona virus has something to do with bitcoin or crypto as a whole? There is no point of merging these two things, please stop confusing yourself with unwanted things and focus on real factors which drives market.

until now it has nothing to do. but suppose the Chinese government and crypto users in China are very large. wouldn't that have an impact on the crypto market? This is only a supposition and may not have happened because the Chinese government also banned crypto.

Wysi

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Not sure what's wrong with the users as I have seen multiple threads with the same topics twisted in one or the other way, how you you even think that Corona virus has something to do with bitcoin or crypto as a whole? There is no point of merging these two things, please stop confusing yourself with unwanted things and focus on real factors which drives market.

uray

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Quote from: techptcl786 on January 29, 2020, 12:32:13 AM

What does corona virus have to do with bullish bitcoin ?? any effects

The virus outbreak have nothing to do with the recent bullish market, the bitcoin market started the new year on a positive note and the market is ending at a good point at the end of this month and that is a good sign for bitcoin investors as the halving is near we are expecting good market movements in the coming months.

Chainsmokers

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Quote from: mrdeposit on January 29, 2020, 06:39:41 AM

Quote from: techptcl786 on January 29, 2020, 12:32:13 AM

What does corona virus have to do with bullish bitcoin ?? any effects

Do not associate every news in the world with btc. So, how can it affect? The virus will affect the economy a little, but I do not think that this influence will also touch btc. So, anybody will not want to sell btc because of the disease. It is possible for people to sell btcs during holidays or in bad situations, but there are very few people in the present situation.

Every time there is bad news it is often associated with the current cryptocurrency situation and for me personally for this corona virus does not have an impact on cryptocurrency or does not have an impact on increasing or decreasing the price of some coins. I agree with what you say that this corona virus might only have an impact on the economy in China because of course many business activities will be hampered because of the virus and for cryptocurrency itself I would not have a thing that would make sense if it had an impact on cryptocurrency.

GideonGono

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Quote from: techptcl786 on January 29, 2020, 12:32:13 AM

What does corona virus have to do with bullish bitcoin ?? any effects

Corona was not affected all Chinese people and not all the country doesn't affected at all so there are no way for affecting bitcoin because not all people do have crypto or Bitcoin and mostly didn't know bitcoin yet.

shadowdio

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Zawardo

I don't see the connection between corona virus and the market and only few people got corona virus so not really affected in the market, but if thousands of people get infected of the virus, maybe the market will collapse.

Kunnu

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There is no connection between these two both are different things in my point of view and I am probably sure that mostly people think same but I really feel sad for those people who are victim of this dangerous virus hopefully they will be okay soon scientists will definitely discover the cure of corona for sure.

imstillthebest

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Quote from: techptcl786 on January 29, 2020, 12:32:13 AM

What does corona virus have to do with bullish bitcoin ?? any effects

Nothing because this is about health and people are not thinking for the money alone, they are more focus on their health and security. Bitcoin can’t move during this kind of crisis, let’s hope for the People of China to remain safe because we all know that they are a huge market and they prefer more to use online transactions.

nothing ? then you said btc wont move because everyone is busy on protecting thier health .

if btc didnt move , that is one of the effects of this corona outbreak on other countries . people wont get out now much often so they probably shop online and use thier btc's . the price can still move if my observation is true . and yes , we better keep praying for them that the virus wont spread more and itl's stop now because this is so scary now .

istiak2277

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KUWA.ai

I don't think any epidemic has any relation with the crypto market. It only can reduce tourism in china and that won't be any problems for crypto market.

RussiaUkraineTranslation

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Singaporean exchanges like ecxx are the safest bet for Chinese traders now. I doubt their banks will even work soon.

BitDane

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Quote from: techptcl786 on January 29, 2020, 12:32:13 AM

What does corona virus have to do with bullish bitcoin ?? any effects

No, it has nothing to do with bullish Bitcoin. Bitcoin market being bullish is already due a long time ago but whales keep it pushing down for the reason of accumulation but they can no longer able to contain the upward trend because more and more people are being drawn to Bitcoin because of the hype of the upcoming Bitcoin halving, not because of this corona virus stuff.

Soots

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There was no significant contribution between the disease and bitcoin price, because that doesn't coinside with the demand of digital currency. Corona virus was still an unknown ailment which is under observation by world health organization, and as of now there's no cure for it.
Bitcoin market is the reality of what's happening right now, and it can't be linked with any issues. This is the real market that we were expecting for such a long time after corrections, so let's prepare for any random price increase.

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