Coronavirus ain't helping - page 9. | Bitcointalksearch.org

mbakruroh

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Quote from: Doranile432 on February 26, 2020, 04:38:24 AM

Coronavirus ain't helping at all

I must double quote your title because corona and crypto is totally different, not connected and also different impact into society. Many people think that corona will giving impact into crypto because China have mining city, I must say impact only into citizen healthy and currency. Let China government take this responsibility and we take halving as dream breaker, not focus in this event will give you profit or loss.

FairUser

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In my country, the virus has made the economic situation worse. Many fields were closed because there were not too many customers, and a lot of employees had to quit their jobs because companies are making cuts budget. Hopefully the situation will improve soon, if this situation continues to last, I think the global economy will become a lot worse.

dupee419

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The virus is a big threat to the world economy, connections between countries would have to be cut off (if necessary) since contact with countries that have cases of the virus are dangerous and can easily spread off. I think with the danger and fear of getting infected, It will also affect the entire cryptoworld as this virus is really not going to help but to ruin everything, keep yourselves clean and always bring sanitizers, this virus must be put to a stop, immediately.

A62662

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Everything you come into contact with and touch can spread the virus. For instance if one person is contaminated and gives coins and notes back and forth in shops and elsewhere, he will spread the virus.

The use of crypto can aliviate this problem by people rather paying with crypto on their phones instead of physical cash and banknotes.

Bitcoin is far too slow for this premise. Fast coins/tokens like Ethereum ETH and Bitvaluta BTV, would be superior due to their fast blocktimes.

You could go to your local shop, pay with your phone app within seconds, and leave quickly if needed.

FaithInCrypto

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It isn't helping indeed. Every investment market now is bleeding not only crypto, since the COVID-19 is already a world problem as most countries are already affected. It keeps spreading because of the cold weather so people could only keep their health up to fight for the virus. I really do hope this ends soon and no more deaths could happen.

cahbagus555

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Lately i was thinking if there was no coronavirus epidemic then bullish will be dominate the market but indeed these are beyond out people expectation and seems if this desease continue then it's not impossible to this year change to bearish again because admitted or not china have important role for cryptocurrency development and the situations from that country will determine the market whether it bad or good will have biggest impact for crypto

Coronavirus has caused concern for the business sector and the global economy. If this has not been resolved, it is feared that an economic crisis will be worse than the latest economic crisis. Safe haven assets such as Gold have begun to be affected by the price and corrected quite deeply. Hopefully this epidemic is quickly resolved so there is economic certainty

beerlover

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Quote from: Doranile432 on February 26, 2020, 04:38:24 AM

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

Hopefully doctors will develop antibiotic for this virus otherwise no one could save all of us. Already WHO warned about 70% of the world population to be suffered by this coronavirus. Anything could happen, that is the life. Be prepared to face anything because no one could be assured when there will be an antibiotic for this virus could be invented/discovered; in between time also anything could happen.

I mean to say, when our life is under the conditions of uncertainty, nothing in important in this world including cryptocurrencies or our local fiats. It must be an healthcare emergency world wide. Only when the spread out of this virus will be kept under control, we can think about our routine life again.

havoc928

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Quote from: JoMarrah Iarim Dan on February 29, 2020, 05:36:58 AM

Quote

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

In my opinion, corona virus is pulling down the stock prices of a certain country and it has a domino effect of slowing down the global economic growth. Like for example, there are less tourist who visits China this time unlike before but of course it is the real world situation not the crypto world. Maybe as of this time, corona virus does not really affect crypto.

I don't know what other countries are like but my country is badly affected by this epidemic and no industry can do a good job during this time. In my opinion, the crypto market as well as gold are the two markets that often go together when fluctuating and today both are falling, making me feel very worried. I hope Corona can finish soon because I still have my current business.

Rengga Jati

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Sometimes I think that Coronavirus is nothing to do with crypto prices. But on the other hand, I know that Corona killed many people around the world and caused chaos + fear. It threatens crypto users, they may be killed by this virus or have difficulties to access the internet by the current condition. I imagine that people are stuck at home and scare to go out. Or they must evacuate to other areas. In this situation, people prefer to think about how to save their life than do activities in crypto trading/investment. If crypto users are included, this potentially influences the crypto prices on the market.

JoMarrah Iarim Dan

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Quote

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

In my opinion, corona virus is pulling down the stock prices of a certain country and it has a domino effect of slowing down the global economic growth. Like for example, there are less tourist who visits China this time unlike before but of course it is the real world situation not the crypto world. Maybe as of this time, corona virus does not really affect crypto.

trauchot

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From the very beginning of the year until mid-February, news about the coronavirus helped the cryptocurrency market grow, but now something has changed and now the cryptocurrency market has started to fall and of course there is nothing to be done about it, so we must follow the further actions of the cryptocurrency market and manipulators.

alexeev.tosha0109@yandex.

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Now a phrase "crypto maniac" can be used in a new scene. Did you really believe that corona, which caused above 2,000 human deaths, could help crypto prices grow?

Latines

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Now there is a very large outflow of finance from stocks. But people need somewhere to invest their money. So maybe this money will go to cryptocurrency, if so. Everything will be in the black, both old investors and new cryptocurrency investors. But these are just my thoughts.

Wintersoldier

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Quote from: Doranile432 on February 26, 2020, 04:38:24 AM

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

How would corona virus would affect cryptocurrency? As you can see a lot of people are dying because of this virus. I think you don't know more about cryptocurrency, that is why you are talking non-sense. Do you think that every events that are happening in this world would help crypto to increase crypto adaptation? Of course not because this kind of epidemia would not affect crypto that it will only affect the economy of a country that a lot of people could die and doctors will be creating medicines just to cure the virus.

sana54210

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I agree that it is not helping but let's not put all the pressure on the virus neither. We have a world where few thousand people could die from anything right now and corona is not different from any of that. There are more people dying from cancer PER DAY than all of corona virus deaths that has happened so far, which means it is not as important as the news coverage it is getting.

Do you see cancer related news every single day on the news? You don't, why is something that killed same amount of cancer people per day is getting more coverage?

Because, that gets more clicks from you guys and more views from you guys and that is why it is overblown more than it really is. I am not saying corona is worthless and nothing major but we have bigger problems that doesn't change anything in crypto, we shouldn't react to it more than it really is.

Kasabus

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Quote from: Gladiator25 on February 28, 2020, 02:10:24 AM

Quote from: Doranile432 on February 26, 2020, 04:38:24 AM

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

Corona virus kills thousands of people across the world. It makes the news to blare. I don't get you say corona virus is not a help to crypto currency at all and it is very noticeable because it reduces the people who use cryptocurrency. There is no illness that helps the population nor the price of cryptocurrency at all. Transaction in digital currency takes place in the internet. So, don't worry too much.

Crypto market is starting to dump again. Bitcoin has reduced its price again but this has nothing to do with corona virus outbreak. It's more on supply and demand for crypto coins. But i believe after halving, this market will recover and that even altcoins will have a massive pump. And hopefully this corona virus will come to an end particularly summer is coming and that hot temperature will definitely kill this virus.

BlackFor3st

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Quote from: Doranile432 on February 26, 2020, 04:38:24 AM

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

The increase of price and the shifting of the market is not about coronavirus only and the most important is don't blame the outbreak if there is a downward or decrease of price in the market.

Though I cannot blame you if that is your thinking but as a crypto lover you should be resourceful and wise if you want to profit in crypto. Whatever the happenings in the market, you should make sure that you know how to adjust so you can still earn a decent amount of money. Coronavirus is an outbreak that is still continuing to spread up until now and others are saying that this outbreak helps the market to increase but you should also consider that it is only a prediction and there is no exact basis about it.

Gladiator25

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Quote from: Doranile432 on February 26, 2020, 04:38:24 AM

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

Corona virus kills thousands of people across the world. It makes the news to blare. I don't get you say corona virus is not a help to crypto currency at all and it is very noticeable because it reduces the people who use cryptocurrency. There is no illness that helps the population nor the price of cryptocurrency at all. Transaction in digital currency takes place in the internet. So, don't worry too much.

bgaf

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Quote from: pjwaffle on February 26, 2020, 09:26:24 AM

Corona virus is a pandemic of the world, we must join hands to fight it. It didn't help cryptocurrency grow but only made it worse because so many industries were stagnant.

Not really affecting that much. Maybe for some Chinese miners who have been quarantine for now. But the pandemic virus pulling the market down isnt the sole reason of the market crash.

Quote from: joseyphil82 on February 27, 2020, 01:18:53 AM

I read on the new last night that virus is getting cointained and it's reducing, is this a fake news? I guess it is because right now it has spread to Italy and stock market is heavily affected, this is trouble

Probably stock market is affected since these companies have goods and services in line with global market but cryptocurrency is digital so I wonder how this crash can be cause as well by this.

adzino

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Quote from: Doranile432 on February 26, 2020, 04:38:24 AM

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

Like how is this corona virus even going to affect the price of bitcoin? This is really weird that people always comes up with some sort of excuse or something to blame at when they see the price of crypto currency dropping. So, why do you think the price of bitcoin is dropping just because of this corona virus outbreak? Do you have any kind of facts that can backup your claim? Funny I remember reading somewhere on this forum that the price of bitcoin was increasing because of the virus, and now when its dropping, its the viruses fault.

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