Topic: corona virus & bitcoin market - page 5. (Read 900 times)
Yes i think it affected the price as we may see the price jumped to 9k and in china if the work stop for a day they will be a great changes in economy because of the large man workers in china and that effected bitcoin as well.
It may be related to Corona Virus with the rising price of bitcoin these days, although it can be said not directly. Outbreaks that occur in China affect economic activity and this indirectly makes conventional investors worry so they might shift their investment to Bitcoin
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. 
What does corona virus have to do with bullish bitcoin ?? any effects
Questions like this should be on the board Bitcoin Discussion, because here we will only discuss alternative Cryptocurrency or try to change the title to the in accordance with the board.The rising prices of bitcoin and other altcoins on the exchange in my opinion have no connection with the corona virus. This is not the only reason that can be attributed to price increases. I am only sure that the price fluctuation this month is because people are affected by halving that will occur in the next few months.
The improved condition of the crypto market so far is the dream of every trader and investor who has been waiting for the right moment to sell their assets, but during the January period I have seen at least 2 times the price increase very fast. This rising pattern is very uncertain and requires caution if one day prices can go down quickly too.
What does corona virus have to do with bullish bitcoin ?? any effects
We all know the fact that the chinese community and population is enormous. Though cryptocurrency market and people's external/community issues are very parallel, a market still cannot be a market without a community circulating and maintaining it. Chinese had a huge impact in making the crypto world running and growing and they even make an impactbwith any cryptocurrency's circulation. And the bitcoin market would be decreasing once that those Chjneses whi are in crypto would be busy not to be infected (and we all hope we all not).
I think that it is not connected in any way but if the epidemic progresses, this will affect not only Bitcoin but the entire world economy. Oh these Chinese are inventors, but as they say - with whom it does not happen. I hope that they will cope with this ailment because they have no other choice.
It will have no effect at all. Only a war should have an effect imo
What does corona virus have to do with bullish bitcoin ?? any effects
I don't see anything that can connect the corona virus with the bullish trend, things are expected to happen, we are coming in the halving remember, I guess any news around the world can be connected to the market condition, so speculators will say they are buying Bitcoin and other coins because they are moving out of Chinayes, I also agree with you that the increase in the price of bitcoin currently has nothing to do with the corona virus in China. although the majority of bitcoin traders and miners are from China. that does not mean this corona virus will have an impact on bitcoin.
I hope this corona virus will be dealt with immediately and I'm sorry for the victims who have died.
What does corona virus have to do with bullish bitcoin ?? any effects
Nothing, absolutely nothing. Corona virus came when the thread of bitcoin be bullish was very visible, so, why attributing the current bullish of bitcoin to the outbreak of corona virus. Bitcoin was around the $8,732 before I heard the news of the outbreak of corona virus.
Accept my heart felt condolences to those who have been effected with the virus and the entire people of China. God bless China.
What does corona virus have to do with bullish bitcoin ?? any effects
In my opinion this has nothing to do between the corona virus and cryptocurrency. I don't think cryptocurrency price movements are due to the corona virus or because of the current corona virus. For me we don't need to associate it with the corona virus and for the time being it's better for us to focus on how we can continue to generate profits in cryptocurrency.
The Corona virus is indeed causing problems but i do not think it affects the bitcoin market.
The virus affects the general market where goods and services are involved because the spring holiday has been extended
It was affecting the traditional stock market as so many stock markets are getting the bearish trend caused by the coronavirus gives some impacts to the economic in some countries. The virus affects the general market where goods and services are involved because the spring holiday has been extended
Remember about the statement that already released by the regulators in china if that will be affecting the economic when it will not yet be solved.
This will give an impact to the stable asset where bitcoin is also included on this category caused by bitcoin can be considered as a commodity too.
It's possible that people fear a collapse and are therefore parking their money in bitcoin. Of course that would be stupid as the virus itself isn't virulent enough to cause a collapse of anything other than some immunodeficient people.
This corona virus has nothing to do with the bitcoin market, only in the Asian stock market that was affected, there was a decline. so bitcoin is not affected.
my point is whether the market is affected or not, I don't really care about things like, what I hope is that hopefully the problem this corona virus in china, hopefully it won't spread throughout the world and quickly get the anti-virus.
my point is whether the market is affected or not, I don't really care about things like, what I hope is that hopefully the problem this corona virus in china, hopefully it won't spread throughout the world and quickly get the anti-virus.
What does corona virus have to do with bullish bitcoin ?? any effects
If we are in a bear market, then suddenly the price go up, then we can think that it has something to do with the Corona virus, but we are in a bull trend and investors are expect this scenario to happen, even though there is this kind of news or not, we just be glad that we are moving upwards and we just hope that this dilemma Corona Virus will finally end.
What does corona virus have to do with bullish bitcoin ?? any effects
There is no effect on the Bitcoin market, the Corona virus only attacks large parts of China, not the virus that attacks the whole world. So I think the current Bullish trend is not due to this Corona virus factor, but purely due to the factor of increasing Bitcoin trading transactions, Where an increase in demand for Bitcoin.
The Corona virus is indeed causing problems but i do not think it affects the bitcoin market.
The virus affects the general market where goods and services are involved because the spring holiday has been extended
The virus affects the general market where goods and services are involved because the spring holiday has been extended
I don't think it has anything to do with the corona virus that has spread so fast in China with the bitcoin market that is currently experiencing an increase, there are always some people who associate with the news that is widespread in the world with the Bitcoin market, but I think the Chinese population will not focus in the current bitcoin market, of course they prioritize their own safety rather than having to be busy playing market prices
What does corona virus have to do with bullish bitcoin ?? any effects
During times of potential economic collapse, regardless how the small the chance, people tend to invest in assets that will fare well without government backing.
This can include Bitcoin, as well as other tangible goods, precious metals and commodities.
That said, I don't think that the Coronavirus is much of a catastrophe right now, the normal flu still kills far more people every day.
If they fail to contain it however. It could be bad.
On the contrary to the reports that coronavirus was helping bitcoin increase in price, I thing there is no connection between the two things. Bitcoin's price increment is due to its upcoming halving and people's positive attitude towards the crypto market at this point of time. I believe bitcoin will increase to over $17000 until its halving.
I think it has no effect on the pump. I speculate that bitcoin prices will dump because victims who hold bitcoin will sell their assets for their health, but as we see now, the market situation is improving, so my speculation seems a little wrong. However, I think that the current price increase is caused by something else.
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