Covid 2.0 UK has suffered massively and BTC is dropping

Hamphser

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Quote from: tertius993 on December 26, 2020, 02:22:55 PM

Quote from: peter0425 on December 26, 2020, 05:55:54 AM

Quote from: shoreno on December 26, 2020, 05:13:36 AM

covid version 2 wont be that life threatening but btc prices can drop again just like the old times when the first cases of covid starts but as long as people adjust and loosen/lighten the banning that are happening the price of btc can return to normal again .

Lol why not threatening ?we don't even Know if the vaccine we have now are effective in this one,because this is much deadlier than the first.

I don't think this is right - the new strain appears to be more transmissible certainly, but from what I have read there is no evidence that it is more serious nor that it will be resistant to any vaccine.

We need to be really careful about spreading misinformation.

See here: https://www.bbc.co.uk/news/health-55388846

It cant be known until there are evidence or people had been infected to show on what are the symptoms and its complications.It sucks to hear out these kind of news when we do enter
this year end.

Im already anticipating or hoping that next year will be the year where everything would go back to normal but it seems this might take a little longer or further more due to this
new strain and also talking with BTC is dropping then on what we are currently seeing then its totally opposite on what had been said here.
In spite of dropping then its mooning instead.Lastly, corona doesn't have any correlation for its price to be dictated on whats happening outside.

tertius993

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Quote from: peter0425 on December 26, 2020, 05:55:54 AM

Quote from: shoreno on December 26, 2020, 05:13:36 AM

covid version 2 wont be that life threatening but btc prices can drop again just like the old times when the first cases of covid starts but as long as people adjust and loosen/lighten the banning that are happening the price of btc can return to normal again .

Lol why not threatening ?we don't even Know if the vaccine we have now are effective in this one,because this is much deadlier than the first.

I don't think this is right - the new strain appears to be more transmissible certainly, but from what I have read there is no evidence that it is more serious nor that it will be resistant to any vaccine.

We need to be really careful about spreading misinformation.

See here: https://www.bbc.co.uk/news/health-55388846

doomloop

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From the researchers study on the subject, it looks like this is not going to be that difficult to break neither. The Chinese vaccination uses dead cells of the virus to make your body understand it, study it, beat it (well its already dead but you got it) and be ready for the virus, it is not the ideal situation but definitely 100% better than not having the vaccination, the UK one seems like it works in a way to make your body change, think of it like you are mutating yourself against the mutation of the virus. Not mutating in a way that you are going to be enlisted by charles xavier tomorrow, not that kind of mutation don't worry Cheesy

but your body will change towards a human that is ready to fight these type of viruses, be more ready for anything.

If that is the case (I am not scientist, I am just telling what I have read) covid could mutate a million times and as long as it is about the same virus without too much change, we can defend ourselves.

eaLiTy

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Quote from: shoreno on December 26, 2020, 05:13:36 AM

covid version 2 wont be that life threatening but btc prices can drop again just like the old times when the first cases of covid starts but as long as people adjust and loosen/lighten the banning that are happening the price of btc can return to normal again .

The price is controlled by big investment firms and so is the reason we are not seeing any major corrections even though the price is about to touch $25k, whenever there is a small correction these firms are investing heavily. The new strain will be a threatening concern as it is spreading faster than the first strains.

Quote from: peter0425 on December 26, 2020, 05:55:54 AM

~
Lol why not threatening ?we don't even Know if the vaccine we have now are effective in this one,because this is much deadlier than the first.

A positive attitude Cheesy

. It is a fact that we have no idea about the effectiveness and the sides effects of the vaccines that are developed.

peter0425

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Quote from: shoreno on December 26, 2020, 05:13:36 AM

Quote from: zanezane on December 26, 2020, 04:53:30 AM

Quote from: VDraci on December 26, 2020, 04:45:36 AM

Bitcoin is not dropping because of covid , a day ago bitcoin reach a new ATH of 25,000$ and now back to 24,000$+, I believe it's just like every other simple corrections like before, though if the covid 2.0 gets out of hand people might be forced to sell, I do hope we will never get to that

If the governments implement a faster ban on flights this time then we might avoid a catastrophe with the new strain. Hopefully it will not affect the bitcoin prices but if it will ever affect, I think only a small portion of the whole market will be selling since there are more institutional investors that are in there for the long term hold. Believe in the market, the prices will definitely go up but do not let your guard down.

people are more prepared now. we already have paraphernalia to prevent and stop the old version of the covid and this can work better too on the new version as long as we are using it properly plus we can add in the incoming released of the covid vaccines ,

But the latest one that faster to spread is here and we must admit that this is a Highbreed ,Sounds very scary mate.Lets make the world safe from this one.

Quote

covid version 2 wont be that life threatening but btc prices can drop again just like the old times when the first cases of covid starts but as long as people adjust and loosen/lighten the banning that are happening the price of btc can return to normal again .

Lol why not threatening ?we don't even Know if the vaccine we have now are effective in this one,because this is much deadlier than the first.

shoreno

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Quote from: zanezane on December 26, 2020, 04:53:30 AM

Quote from: VDraci on December 26, 2020, 04:45:36 AM

Bitcoin is not dropping because of covid , a day ago bitcoin reach a new ATH of 25,000$ and now back to 24,000$+, I believe it's just like every other simple corrections like before, though if the covid 2.0 gets out of hand people might be forced to sell, I do hope we will never get to that

If the governments implement a faster ban on flights this time then we might avoid a catastrophe with the new strain. Hopefully it will not affect the bitcoin prices but if it will ever affect, I think only a small portion of the whole market will be selling since there are more institutional investors that are in there for the long term hold. Believe in the market, the prices will definitely go up but do not let your guard down.

people are more prepared now. we already have paraphernalia to prevent and stop the old version of the covid and this can work better too on the new version as long as we are using it properly plus we can add in the incoming released of the covid vaccines ,

covid version 2 wont be that life threatening but btc prices can drop again just like the old times when the first cases of covid starts but as long as people adjust and loosen/lighten the banning that are happening the price of btc can return to normal again .

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Quote from: VDraci on December 26, 2020, 04:45:36 AM

Bitcoin is not dropping because of covid , a day ago bitcoin reach a new ATH of 25,000$ and now back to 24,000$+, I believe it's just like every other simple corrections like before, though if the covid 2.0 gets out of hand people might be forced to sell, I do hope we will never get to that

If the governments implement a faster ban on flights this time then we might avoid a catastrophe with the new strain. Hopefully it will not affect the bitcoin prices but if it will ever affect, I think only a small portion of the whole market will be selling since there are more institutional investors that are in there for the long term hold. Believe in the market, the prices will definitely go up but do not let your guard down.

VDraci

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Bitcoin is not dropping because of covid , a day ago bitcoin reach a new ATH of 25,000$ and now back to 24,000$+, I believe it's just like every other simple corrections like before, though if the covid 2.0 gets out of hand people might be forced to sell, I do hope we will never get to that

Saisher

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Quote from: kentrolla on December 21, 2020, 06:40:00 AM

As new virus of COVID-19 is on rise in United kingdom news is spreading across the globe as this time it will spread more faster than before, stock market has affected very badly after this news and even BTC has fall nearly 1.5$.

I am really not sure what's going around, Are billionaires spreading rumours to make vaccines demand? To me it looks like BTC will go down slowly from now, what's your opinion guys.

I don't think it's billionaires, because you cannot bribe scientist on something that can affect worldwide the news is true that is the reason our country is banning travelers coming from UK, this is serious and the world needs to hurry on the vaccine and I don't think it will have effect on the price of Bitcoin, the dip is just a correction Bitcoin price is still good.

el kaka22

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First of all, bitcoin will not fall as long as people do not sell, we have to make sure that is known, only reason bitcoin would fall is the sellers and as long as they do not sell, we are going to be fine.

Secondly covid is already out there, we have increased this much during the covid period and not in any other period, from 10k to 20k+ we have come during the worst days of covid. Look around you, you know at least one person who has gotten covid, and you have seen news about covid numbers increasing during the last 3 months but at the same time price of bitcoin increased with it as well.

It means covid 2.0 in UK is not something that would destroy the market, it would be something that would help the market. Do not be worried because it is a win-lose no matter what. Win-win because if covid is gone, we are going to be healthy again but price will fall but if it is not fixed we will have crypto go up, so in the end it is win-lose no matter what.

Xinarae*

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Covid 19 UK is currently heavily affected Bitcoin will not be affected. The first time many countries shrunk but in the second step they have learned to deal with it and will help overcome the high price crisis of Bitcoin. I don't see any dumping in Bitcoin. The price of Bitcoin will increase a lot more over time. The second step of the corona virus will further increase the demand for Bitcoin. Even if everything is damaged due to Covid 19 Bitcoin will take a new form.

RealMalatesta

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Bitcoin is not dropping, that is for one, right now bitcoin price is 23.5k+ and that is nearly 20% higher than the previous high, how could we call it a big drop? However there is also nothing to worry about the new covid virus neither, because it is about the same when it comes to prevention of it. Still the same things, still masks, still washing hands, still breathing, still same drugs, still same vaccination needed.

Basically this is a "different" version of the same thing, nothing really that different. So, I would say it doesn't really change too much in the world, which means it won't change anything in the economy neither. Obviously economy is something that changes day to day depending on what people believe in, but the reality is that just because they believed things will be bad, doesn't mean things will actually be bad, it is just their thoughts.

maydna

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I am afraid that is a mutation of the Covid-19 to a new version of Covid-19. I hope that virus will not spread across the globe like the Covid-19 because if that happens, I can't imagine what it will be to impact all countries, especially for all people. After all, they already suffer because of Covid-19.

If the bitcoin price gets affected by Covid-19, I hope that the drops will not be too far and only stable at $22k-$23k. And after the new year, the price will increase even if the Covid-19 still be with us. Many people hope that these situations will end soon, and we already have a vaccine that can help them cure the virus.

CryptopreneurBrainboss

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Quote from: acener on December 21, 2020, 09:25:54 AM

Would all of the negative events in the future connects in BTC price drop?
When would this kind of thing stop?
Why are there still members connecting anything to the BTC price?

That's what you get for been a highly speculative assets. You can't take such speculation out of the market. All the events happening gets connected to you in some way and when observe carefully there's some truth in this connections. The recent Covid19 news is affecting the stock markets and that of bitcoin can't be excluded. The bitcoin market relies mostly on surrounding news to react. When the news are positive the market moons but when they're negative it creates a dump reaction.

Quote from: globalpain on December 23, 2020, 05:51:33 PM

it has been predicted that there will be Covid 2.0,
maybe 2021 this pandemic will not end, and will make a big impact,
we know gold and cryptocurrencies are the best investments in this pandemic, and the news of Covid should not have an impact on the drop of bitcoin.

.just like other disease, Covid19 isn't going away anything soon. We have to learn to live with the fact it has come to stay and continue with our regular lifes while paying attention to the precautions we're encourage to take to avoid contacting the disease. Lockdown aren't doing us any good. I can see some restrictions are already been announced globally this will only cause more harm to the economy then it has already done.

GreatArkansas

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Quote from: Wulan_maniez on December 23, 2020, 06:38:17 PM

The news at the moment doesn’t seem to have much of an adverse effect on bitcoin and crypto. The new variant of Covid-19
forced London and the rest of the UK to impose strict social restrictions, but I don’t see any drop in the price of bitcoin,
(....)

From what I see these days, these dumps are for correction only. I don't see any major dumps because of some news or FUD.
Talking about the Covid issue, what I really observed was the first major hit of Covid around the month of March this year, it was a sick dump.
But I believe this time, it will be different, people already know what happened last time. Especially, there are some vaccines now.
But if Bitcoin will dump hard again, I am willing to buy the dip again Cool

Wulan_maniez

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The news at the moment doesn’t seem to have much of an adverse effect on bitcoin and crypto. The new variant of Covid-19
forced London and the rest of the UK to impose strict social restrictions, but I don’t see any drop in the price of bitcoin, I saw
bitcoin go up with a good rhythm and there was a slight correction but could come back up even now it costs $23,557, this is
still strong despite the news of the mutation of covid 19 to covid 2.0. Bitcoin is circulating at $22K to $23.xx, and it’s not
going down too far.

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Quote from: kentrolla on December 21, 2020, 06:40:00 AM

I am really not sure what's going around, Are billionaires spreading rumours to make vaccines demand?

Oh yeah, every time the stock market goes down it's manipulation by the Rothschilds, every time the stock market goes up it is manipulation from the reptilians.
We have arrived at the point when no politician can die a normal death, they are all assassinated by the Illuminati, if one gets sick it's some assassin lurking in the shadow, if a plane crashes it's the Mossad, if the power goes off in some town it's the FSB, if a turtle can't go back on its belly it's from the HAARP waves.

What did you expect, people fear what's coming, and it's not just this mutation, the fear is that if one happened others more dangerous can happen too before we eradicate (if we even mage to do) the virus. Would you buy stocks in some travel agency right now?

Quote from: carlisle1 on December 21, 2020, 12:59:02 PM

what is 1.5$? you mean 1.5k dollars? but 22k is still ATH compared to 2018 right?why seems to be very affected ,Your a Hero Rank ,and have been in this market back in 2017 ,when Bitcoin from 20k just by January drops down to 14k?

You don't even have to look at 2018 to explain this, things like this happened every week, bitcoin went down on the 21th, dropping 2k, recovered, then dropped again recover, then, you get it. But people feel the need to uncover some mysterious forces at work behind every cat taking a dump.

globalpain

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it has been predicted that there will be Covid 2.0,
maybe 2021 this pandemic will not end, and will make a big impact,
we know gold and cryptocurrencies are the best investments in this pandemic,
and the news of Covid should not have an impact on the drop of bitcoin.

pixie85

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Quote from: 7788bitcoin on December 21, 2020, 01:03:27 PM

Quote from: kentrolla on December 21, 2020, 06:40:00 AM

I am really not sure what's going around, Are billionaires spreading rumours to make vaccines demand? To me it looks like BTC will go down slowly from now, what's your opinion guys.

Why would billionaires spread rumour about all this, majority of the billionaires are businessman and that will affect their business as well and there is a new strain of virus and some of the countries have banned the travel from UK due to the new rise and you cannot lie in this day and age, that being said i am not sure whether these news have affected the market.

I think it has not affected it at all.

Small corrections like that happen within every bullish trend and they were happening in 2017, you can check it for yourselves. There were even corrections taking a week straight within a bull run to 20000. This was just a one day sell off which is nothing special.

I don't think covid in the UK has enough impact to affect bitcoin. There's just not enough bitcoins traded there and a new strain or not we know that mortality rate is really low.

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Quote from: imstillthebest on December 22, 2020, 06:01:05 PM

news is spreading faster . faster than a virus spread ? thats not a big issue but it would be alarming if the virus spreads faster and not the news but you are not sure if this news was true because you said its also a rumor . the only thing is true is that the vaccine are coming and the vaccine will always be on demand because we are waiting long for this .

im not updated on how stock market flows but im only updated in btc and btc didnt drop too much .

btc can grow more because some vaccines can be brought using btc . people will buy btc first to be able to do that

It not the news but people are overly speculated on the spread of the virus just to give more hype. Besides, despite the spread of the virus, yet we saw that Bitcoin continues to pump rather than seeing it dumping.

I don't mind people talking about viruses and Bitcoin because as I look into the current situation, this helps the spread of Bitcoin and helping it to be more appreciated. We are about to grow its daily market volume than before without Covid.

This Covid-19 is a blessing to crypto, I think we should be thankful for this coz it probably we are not able to reach $23k if there is no lockdown.

Topic: Covid 2.0 UK has suffered massively and BTC is dropping (Read 539 times)