This account is usually Bitcoin focused but she's mainly observing the effects on the Chinese economy of the virus at present - https://twitter.com/DoveyWan
What I take away from that is that there's a big arse impact on the conventional economy that's yet to ripen but will soon enough. Something that big will have knock on effects elsewhere including possibly BTC. No idea what though.
Topic: Corona Virus will Impact the price of Bitcoin ? - page 2. (Read 1810 times)
Even if the relationship between the coronovirus and the price of bitcoin is traced, it is more random in nature. People have already learned to recognize and decrypt any virus of this type, therefore, after a short time, a vaccine from it will be found. Therefore, I do not think that the appearance of this virus will significantly affect the price of bitcoin.
People are only speculating, they think bitcoin rises because people are panic buying bitcoin due to a possibility that the economy of china will be affected. However, it's not the only reason, the big reason behind is the halving, we are just months going to the halving so it's expected that people will be preparing for this.
here's one article that says corono virus cause panic buying of BTC
https://edition.cnn.com/2020/02/01/investing/bitcoin-prices-coronavirus/index.html
Even if the relationship between the coronovirus and the price of bitcoin is traced, it is more random in nature. People have already learned to recognize and decrypt any virus of this type, therefore, after a short time, a vaccine from it will be found. Therefore, I do not think that the appearance of this virus will significantly affect the price of bitcoin.
The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
I doubt that such epidemic will cause a significant damage to cryptocurrencies, in general. The only scenario that I see that it will affect its price if most of the population or countries are affected by the virus and NO such cure has been released.
The virus may cause fear in the public and basically affect their lifestyle but I have some doubts that it will affect the market of cryptocurrencies. It will first affect the consumer markets which include products of essentials, etc. and employment before it affects cryptocurrencies.
The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
In a way it could increase bitcoin demand as people will avoid using cash and try to make contactless payments to minimize the exposure to this virus.So in a way this deadly virus could work in favor of bitcoin(cryptocurrencies)
To be honest, I fear that the supply of our products in the supermarket will first to be affected if such virus affects most countries. I would first be worried on my own health before I think about my bitcoins.
so do you think situation with corona virus will impact the price of Bitcoin.
Bitcoin Current digital currency.Corona virus is a big disaster.
There is no relation between viruses and bitcoin prices.
Indeed, at this time the corona virus has claimed hundreds of casualties in China, it is just a plague that attacks humans, bitcoin digital currency invested by many people in the world.
If you compare the corona virus with the price of bitcoin, you have to compare again the war in the middle east where war victims and souls are lost every day, dozens of deaths, it's worse than corona virus, why don't you ask that, the war in the middle east has an impact on the price of bitcoin.
However, the reality is that Bitcoin still has a fantastic price, now it's crawling to the moon.
For that there is no connection, the virus of death with the price of bitcoin.
Most chinese mining companies have moved out of China due to restrictions imposed by the chinese government.
As such, I dont see the point of OP's question. Its clear this virus wont have any effect on bitcoin's price.
As such, I dont see the point of OP's question. Its clear this virus wont have any effect on bitcoin's price.
nope, that was just speculation based on rumors of an incoming crackdown. the chinese government recently removed bitcoin mining from its "unwanted industries" list.
as of mid-december: New Report Shows China Dominates Bitcoin Mining
Quote
"Regardless of the reasons, the effect is that the current Chinese hashrate ratio is likely higher than in June 2019. While we expect this ratio to fall again as latest generation hardware further makes its way into the non-Chinese market, at the time of writing, as much as 65% of Bitcoin hashpower resides within China – the highest we’ve seen since we began our network monitoring in late 2017," the report read.
In a way it could increase bitcoin demand as people will avoid using cash and try to make contactless payments to minimize the exposure to this virus.
So in a way this deadly virus could work in favor of bitcoin(cryptocurrencies)
So in a way this deadly virus could work in favor of bitcoin(cryptocurrencies)
That's typical r/bitcoin straw grabbing 'this is good for Bitcoin' rubbish.
China is extremely cashless already. Hundreds of millions are using apps to pay for everything.
The only potential factor is whether the conventional economy takes a knock and whether that influences Bitcoin's price. I doubt that'll happen or it'll be impossible to detect.
The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
In a way it could increase bitcoin demand as people will avoid using cash and try to make contactless payments to minimize the exposure to this virus.So in a way this deadly virus could work in favor of bitcoin(cryptocurrencies)
I don't know why people make such renarks without informing themselves. First of all, corona virus isn't deadly itself, mortal rate is about 2% and so far only elderly people and those with some other serious medical issues have died.
Second, O don't see how could this influence crypto market or raise price or demand for any cryptocurrency, there is no direct link.
The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
In a way it could increase bitcoin demand as people will avoid using cash and try to make contactless payments to minimize the exposure to this virus.So in a way this deadly virus could work in favor of bitcoin(cryptocurrencies)
Most chinese mining companies have moved out of China due to restrictions imposed by the chinese government.
As such, I dont see the point of OP's question. Its clear this virus wont have any effect on bitcoin's price.
The virus of statism, however, can have some effect.
As such, I dont see the point of OP's question. Its clear this virus wont have any effect on bitcoin's price.
The virus of statism, however, can have some effect.
In my opinion with the issues, people are so scared with the Virus there are still many cases every year regarding HIV I say we should all have an idea with the said Coronavirus than to spread fake news regarding it, The Coronavirus is very fragile that it can only survive outside the body for 24 hours not like the virus from HIV that can, so I guess people that are scared with the shipping of items and products within China are surely safe and the Virus can be killed with household detergent and 70% alcohol, but surely many shipping business and online selling are surely affected because of the fake news that is spreading,
Regarding BTC we can surely see that the price is as good as it gets it has a slow pace on volatility for now but a good price in my opinion.
Regarding BTC we can surely see that the price is as good as it gets it has a slow pace on volatility for now but a good price in my opinion.
The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
We don't need an epidemic just for Bitcoin to rise it will rise eventually because we just step in Bitcoin best year the halving year, so I don't want to connect the price of Bitcoin to Corona Virus,but if we are in the bear trend and the price pump then we can connect it to this epidemic.Corona Virus will Not Impact the price of Bitcoins, but it will impact the human lives.
I am hoping someone soon develops a vaccine for this virus so that the world is saved from this deadly disease.
It might also impact bitcoin mining if the virus spreads and develops further. Some bitcoin news media outlets are beginning to report that deliveries of mining equipment from China are delayed because of the virus quarantine.
yeah because china is the known supplier of bitcoin mining hardwares so you are right with it . btc mining are not the concerned of people but its the lives of the people . i heard there are now available vaccines to this virus . hope they will release it soon for everyone for free so that we can now live peacefully again . then people can now get back on thier bitcoin/crypto business . china still plays a big role for the development of btc , we need them more than other countries .
The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
We don't need an epidemic just for Bitcoin to rise it will rise eventually because we just step in Bitcoin best year the halving year, so I don't want to connect the price of Bitcoin to Corona Virus,but if we are in the bear trend and the price pump then we can connect it to this epidemic.Corona Virus will Not Impact the price of Bitcoins, but it will impact the human lives.
I am hoping someone soon develops a vaccine for this virus so that the world is saved from this deadly disease.
It might also impact bitcoin mining if the virus spreads and develops further. Some bitcoin news media outlets are beginning to report that deliveries of mining equipment from China are delayed because of the virus quarantine.
Corona virus affected a lot of people around the globe mainly in China, the virus itself have no connection and won't do any impact on the standing of Bitcoin in the market but, since a lot of Bitcoin miners are based in China where the virus originated, it is possible that it would affect miners causing a bit changes in the situation and might lead to decrease in resources of Bitcoin.
The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
Do you really think that new people will buy more bitcoin and will adopt cryptocurrency if corona virus will spread more in every country? I don't think so because this kind of epidemia will only effect the global economy like mortality, and production of drugs and medicine.The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
We don't need an epidemic just for Bitcoin to rise it will rise eventually because we just step in Bitcoin best year the halving year, so I don't want to connect the price of Bitcoin to Corona Virus,but if we are in the bear trend and the price pump then we can connect it to this epidemic.Corona Virus will Not Impact the price of Bitcoins, but it will impact the human lives.
I am hoping someone soon develops a vaccine for this virus so that the world is saved from this deadly disease.
The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
We don't need an epidemic just for Bitcoin to rise it will rise eventually because we just step in Bitcoin best year the halving year, so I don't want to connect the price of Bitcoin to Corona Virus,but if we are in the bear trend and the price pump then we can connect it to this epidemic. 
The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
Do you really think that new people will buy more bitcoin and will adopt cryptocurrency if corona virus will spread more in every country? I don't think so because this kind of epidemia will only effect the global economy like mortality, and production of drugs and medicine.It depends on situation since not all can think straight if the panic will occur and also not all of the people knows how to convert the Fiat to BTC since the global adoption is not yet great as of today, but the one I see here if this situation will prolong for sure the global economics will be affected since the tradings or other services will stop and this could trigger a financial crisis.
The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
Do you really think that new people will buy more bitcoin and will adopt cryptocurrency if corona virus will spread more in every country? I don't think so because this kind of epidemia will only effect the global economy like mortality, and production of drugs and medicine. 
The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
If you look at the history then you will find that almost in every 2 years a new virus(or a diseases) appears in the globe like swine flu, Zika, ebola and now corona. Those surely have some indirect effect on the global market but I don't think that the effect is not that much significant to worry about.
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