Corona Virus will Impact the price of Bitcoin ? - page 6.

Wind_FURY

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Quote from: pooya87 on January 26, 2020, 02:26:33 AM

how do you even come up with things like this? what is next, someone farts and you link that to bitcoin price too. it is not 1347 and Corona virus is not the black death in Europe to kill that many people and have any impact on price of anything let alone bitcoin.

I was rolling my eyes too. Then I saw this tweet bearing the news,

https://twitter.com/reuters/status/1221586295354462211

Quote

Saudi energy minister says confident China can contain, eradicate new coronavirus

If he's talking about the corona virus, its effect on the global economy, and be worried on its effect on oil prices, maybe OP has a point.

Don't roll your eyes on me.

abuya55

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I was waiting for this question, seriously. I've noticed that some bitcoiners behave like paranoid personalities. No matter what happened in the world: the US - China trade war, the tension between Iran and America or corona virus, the try to find a correlation between this fact and Bitcoin's price rate. Just stop being insane!

BigBos

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Quote from: pixie85 on January 26, 2020, 05:41:28 PM

Quote from: Oneandpure on January 26, 2020, 01:00:26 PM

Will give impact with corona virus make bitcoin down because the investor from China are not think about bitcoin and altcoin right now and keep focus with their situation healthy from Corona virus, maybe we hope this situation could be fix soon and many investor back for investing with bitcoin to raise with higher price.

You're overestimating the virus and the panic it causes.

There's still no big panic because the virus isn't very deadly. It kills only very weak or old people and there's still not that many cases. It's even speculated that the government can have someting to do with it. A virus killing old and unproductive part of the society can be an easy way to fight overpopulation Wink

actually, it kills many people, moreover it's a virus that hasn't had a vaccine to date. even now their money is useless and they are prepared to exchange their money for their health. You know the reason why this virus has a lot of news, it's because this virus is dangerous and can spread quickly. however, it can affect the price of bitcoin when they sell their assets for their health.

MI6

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Quote from: NNRR on January 26, 2020, 12:42:51 AM

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 we talk about "people died" or maybe affect, maybe people will sell their bitcoin to get money and cure, or maybe owner of bitcoin that died and not tell his family, his bitcoin will stuck at that wallet forever. Maybe both condition can happen but i hope all people in this world can keep healthy and the virus already have the cure.

pixie85

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Quote from: Oneandpure on January 26, 2020, 01:00:26 PM

Will give impact with corona virus make bitcoin down because the investor from China are not think about bitcoin and altcoin right now and keep focus with their situation healthy from Corona virus, maybe we hope this situation could be fix soon and many investor back for investing with bitcoin to raise with higher price.

You're overestimating the virus and the panic it causes.

There's still no big panic because the virus isn't very deadly. It kills only very weak or old people and there's still not that many cases. It's even speculated that the government can have someting to do with it. A virus killing old and unproductive part of the society can be an easy way to fight overpopulation Wink

thisnewcoin

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Bitcoin price is increasing today, maybe this life killing corona virus does impact in bitcoin price! In the collision between Iran and USA, the bitcoin price pumped high. But I was not happy at that time, not at this moment too. We don't need this type of bitcoin pump, rather I feel anger sometimes!

ReiMomo

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It's totally no correlation among of them, coronavirus and the Bitcoin price, I dont see any relative cases among of them. But probably if there are more were afraid to be infected with virus probably people will use crypto to buy stuff that they needed. They will never come out on their house and go to public place which is possible that you will be infected. So far, there's nothing to panic everything will be fine and there's no make sense if you spread a false thought like this.

JohnBitCo

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Quote from: NNRR on January 26, 2020, 12:42:51 AM

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.

Corona virus have no impact on blockchain but on the people.

Why would bitcoin would be impacted by a virus which can do no harm to bitcoin blockchain. That's the most stupid question being asked here. Cheesy

Oneandpure

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Will give impact with corona virus make bitcoin down because the investor from China are not think about bitcoin and altcoin right now and keep focus with their situation healthy from Corona virus, maybe we hope this situation could be fix soon and many investor back for investing with bitcoin to raise with higher price.

carlfebz2

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Quote from: NNRR on January 26, 2020, 12:42:51 AM

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.

How it would affect? On what sense? Its good for someone to know recent events or news that do happen globally but it doesnt mean that everytime
theres an issue or big events would be tied up on Bitcoin or Crypto market.I dont see the correlation of this Corona virus epidemic to affect bitcoin prices.
It has nothing to do with it actually. I dont know why people are really fan on tying up things even it turns out to be non relevant.

Chrystora123

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Quote from: NNRR on January 26, 2020, 12:42:51 AM

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.

IMO.. This will not make the price of Bitcoin fall, even though most of the Bitcoin miners are from China, but the spread of this virus does not reach the whole of China (only in a few cities) so that Bitcoin mining activities there are not disrupted.. I'm sure the Chinese government will be able to block the spread of this disease throughout the world.

bitzizzix

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Quote from: NNRR on January 26, 2020, 12:42:51 AM

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 also do not understand why bitcoin is always associated with things that in my opinion do not make sense, does the corona virus affect the movement of bitcoin or what and what are the reasons?

Wexlike

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Quote from: alexsandria on January 26, 2020, 11:10:49 AM

Quote from: pooya87 on January 26, 2020, 02:26:33 AM

how do you even come up with things like this? what is next, someone farts and you link that to bitcoin price too. it is not 1347 and Corona virus is not the black death in Europe to kill that many people and have any impact on price of anything let alone bitcoin.

Lol people keep on bringing things that is totally unnecessary. Such virus is a responsibility of a government to cure, and bitcoin doesn't have any thing to do with it. If ever this virus became to big to handle of one city alone then there will be a consideration involving bitcoin like having to spend some tools to cover up expenses.

I don't believe that. I saw articles which was claiming that the Corona Virus has anything to do with falling resource prices(oil, steel, tin). What a crap of correlation analysis.

Febo

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Quote from: NNRR on January 26, 2020, 12:42:51 AM

Corona Virus will Impact the price of Bitcoin ?

Uncertainty always helps price of Bitcoin to get higher. But if economy drastically reduce. And we fall into economic crisis that will fro sure not be good. So short term should be good, medium term ( half year to a year) should be bad.

alexsandria

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Quote from: pooya87 on January 26, 2020, 02:26:33 AM

how do you even come up with things like this? what is next, someone farts and you link that to bitcoin price too. it is not 1347 and Corona virus is not the black death in Europe to kill that many people and have any impact on price of anything let alone bitcoin.

Lol people keep on bringing things that is totally unnecessary. Such virus is a responsibility of a government to cure, and bitcoin doesn't have any thing to do with it. If ever this virus became to big to handle of one city alone then there will be a consideration involving bitcoin like having to spend some tools to cover up expenses.

Aying

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Quote from: NNRR on January 26, 2020, 12:42:51 AM

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.

For now its too difficult to say because government do everything to stop it and make a vaccine for all affected. but if this virus will continuously spreading even in other more country then everyone will afraid to go out and maybe bitcoin will be the solution to avoid contact to any other people. so maybe the price will goes up.

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Quote from: Hamphser on January 26, 2020, 09:54:13 AM

I also wonder if there is a Miss Universe, is it possible to affect the bitcoin price? Grin

Why is that those world event is being mentioned all of a sudden connecting to bitcoin's price?
There are other epidemic happening in the other country but there is no connect on what would be the price of bitcoin in the future.

yes you are right i think it is a silly question to ask about the corona virus and its impact on bitcoin, how is it possible that a disease will affect the market price, i think it is not fair, although few days ago people were asking about the iran US war impact on bitcoin as in that case the stock market was in trouble that is why war had effect on the bitcoin but corona virus do not have.

Hamphser

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I also wonder if there is a Miss Universe, is it possible to affect the bitcoin price? Grin

Why is that those world event is being mentioned all of a sudden connecting to bitcoin's price?
There are other epidemic happening in the other country but there is no connect on what would be the price of bitcoin in the future.

The Sceptical Chymist

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Quote from: peter0425 on January 26, 2020, 01:20:04 AM

would you please stop all the world events connecting to bitcoin price?

Yeah, I had to LOL at this thread and I'm also wondering why in the world he put "corona" in bold text, but I'm not going to fret over it.

I haven't been watching the news for quite some time, so I haven't heard about any of this except for some people mentioning it in passing. But no, this won't affect bitcoin's price and I'm pretty sure it won't have any effect whatsoever on the world's economy unless it becomes a major epidemic with lots of deaths--and it would have to be one hell of a virus to do that.

andycarrol

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Quote from: Jating on January 26, 2020, 08:50:17 AM

No effect whatsoever, the price is still base on simply economic law of supply and demand. And regardless of any happenings around us, the price is not going to be impacted by this.

Let's put thing into perspective, what is the main reason the price is going to be affected??? None. So let put this discussion into rest, because as crypto investors, we don't think that that it will have significant impact positive or negative.

its true. mostly happens in China, this has no effect at all on bitcoin because this is not a war between countries that will weaken the value of currencies. so this virus will not affect their assets.

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