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Topic: Covid 2.0 UK has suffered massively and BTC is dropping - page 2. (Read 539 times)

full member
Activity: 1638
Merit: 122
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
sr. member
Activity: 1638
Merit: 261
The idea of having another Nightmare alone is really suffering ,we already hated the idea of the first so what more the next ?

But the effect in crypto is far from what Covid is giving,yeah at first there is a crash but along the way Market proves that even Pandemic wont stop the Bull coming after each halving .

I suppose that you were just being affected mentally and physically of this Lockdowns ,You will be good sooner.

That's true, the effect of covid pandemic is not as effective in crypto as it has been for other sectors but I am afraid it's the funs and rumors which misleads people and someone's assumption get so much of limelight people start reacting to it.

As far as bullrun is concerned I would say apart from Bitcoin other alts have kot yet experienced bullrun so far this year and hopefully they might have bullrun next year depending on bitcoin's movementum.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!


Chill mate, I believe humans do mistake instead of 1.5k I mentioned $ and you elaborated like it's a fatal error. and yes market doesn't have any courtesy on my rank just for a information. This Covid-19 latest news was spreading more than this virus, also market reacted in the same way even the stock market went very badly so I just thought to give an alert nothing more.
it's normal to feel this way Mate ,because the Corona virus really changed our Lifestyle,Views in many things and even our Mind settings ,So having this thought for me is normal, we don't intentionally collerates things but happens.

The scenarios looks the One is compliant for the others ,But in the end Market will prove whos right or wrong.
But BItcoin will always recover ,and that is not even a fact but a truth.
sr. member
Activity: 2618
Merit: 439
The idea of having another Nightmare alone is really suffering ,we already hated the idea of the first so what more the next ?

But the effect in crypto is far from what Covid is giving,yeah at first there is a crash but along the way Market proves that even Pandemic wont stop the Bull coming after each halving .

I suppose that you were just being affected mentally and physically of this Lockdowns ,You will be good sooner.
hero member
Activity: 1652
Merit: 569
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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$.
what is 1.5$? 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?
Let's not be worry about the fall ,We saw now What Bitcoin really can over the years.
Quote
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.

What Rumors?  mind sharing some of them Mate? because you looks so bother and i'm afraid this wont Give you anything Good.

We are still In bullrun ,and lets be glad of that.

Chill mate, I believe humans do mistake instead of 1.5k I mentioned $ and you elaborated like it's a fatal error. and yes market doesn't have any courtesy on my rank just for a information. This Covid-19 latest news was spreading more than this virus, also market reacted in the same way even the stock market went very badly so I just thought to give an alert nothing more.
sr. member
Activity: 2842
Merit: 326
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The new strain is no worse apart from spreading more easily, the vaccine still applies and so theres no greater negative in actual symptoms.  Thats the info I've heard, people just have to be more careful not less until they get a vaccine simple as that.    I did fear a second wave type occurring but this isnt it afaik
That is what I have heard as well, however if this new strain begins to travel all around the world then we really need to test it and see if the vaccine is going to be effective against it because if it isn't then we are back to square one and I think a great deal of people are tired of this new normality and they want to go back to their lives as they were, and if the vaccine doesn't work then that means that will have to wait for at least another year before this nightmare is over.

Now about the effects on the markets, I don't think this is going to be enough to make the price of bitcoin crash or anything like that, but if a few months pass and our worst fears are confirmed then that may be enough to cause a crash in the market.
In a bid to spread the strain around the world more than 40 countries had banned flights from UK link   https://www.bbc.com/news/uk-55391289  this will checkmate the spread of the new strain, of course a lot from experience has been learnt during the first wave I believed this time government will take a proactive action to curb and deal with the menace of this second strain, and I believed it will not have any impact on the price of bitcoin even if there is a pullback it going to be a temporary one.
legendary
Activity: 2282
Merit: 1023
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.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
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$.
what is 1.5$? 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?
Let's not be worry about the fall ,We saw now What Bitcoin really can over the years.
Quote
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.

What Rumors?  mind sharing some of them Mate? because you looks so bother and i'm afraid this wont Give you anything Good.

We are still In bullrun ,and lets be glad of that.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
The new strain is no worse apart from spreading more easily, the vaccine still applies and so theres no greater negative in actual symptoms.  Thats the info I've heard, people just have to be more careful not less until they get a vaccine simple as that.    I did fear a second wave type occurring but this isnt it afaik
That is what I have heard as well, however if this new strain begins to travel all around the world then we really need to test it and see if the vaccine is going to be effective against it because if it isn't then we are back to square one and I think a great deal of people are tired of this new normality and they want to go back to their lives as they were, and if the vaccine doesn't work then that means that will have to wait for at least another year before this nightmare is over.

Now about the effects on the markets, I don't think this is going to be enough to make the price of bitcoin crash or anything like that, but if a few months pass and our worst fears are confirmed then that may be enough to cause a crash in the market.
hero member
Activity: 2954
Merit: 796
If another wave of mutated virus surge in again. I believe Bitcoin price will be affected again even though its not directly related on it just like what happened when the COVID-19 first hit the world. People always incorporated any global bad news to Bitcoin to create panic whenever Bitcoin price is high. I don't know what's the problem to crypto people but they are easy to persuade by news.
legendary
Activity: 3668
Merit: 6382
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Are billionaires spreading rumours to make vaccines demand?

To me it looks like politicians try to hide the fact they didn't do their job properly (the so hated lock down), which will make them now even more set aside.

I am not convinced that the new covid mutation is related to Bitcoin price movement (as said, mutations happen more often than most of us know). Maybe the forced (by EU) lock down is one of the causes.
And possibly the other cause is that there won't be any Brexit deal, despite many people's (futile) hope that politicians will get to their senses.
I'll add some market manipulation to the mix, since some know so well to fructify the news and .. here we are.
STT
legendary
Activity: 4102
Merit: 1454
1k is nothing much, right now its about 1% down though we have recovered most of the day now and its at a turning point again.  Simply that would be the 2 day average which is overhead.
Why are there still members connecting anything to the BTC price?


Well news can move us but generally its a trigger for profit taking, in this case I reckon a covid story is the wrong association and in fact its to do with the USA bail out agreed recently which was smaller then hoped for.   A small bail out though its nearly a trillion in cost is not the large surge of new currency some might have hoped for to justify this BTC rise.   

https://www.cnbc.com/2020/12/20/mcconnell-says-congress-has-agreed-to-900-billion-coronavirus-stimulus-deal.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

   Just my take but if price does turn on this europe market close and we end day going back down to say 21500 then I'm watching that point for strength as it marks a trend true daily since about October.  The reason I think maybe we get more bumps is the sell volume was higher then this drift up, but I dont know if that matters yet.   Digestion is how I describe these set backs etc.
hero member
Activity: 1806
Merit: 672
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 this is a correct assumption especially if we have 7+ big pharma producing their own COVID vaccines with different price points. They can't really do anything about the demand at this point when the supply itself is enough for everyone to have. For the numbers or the increasing of it in the UK how did you assume that the numbers they are giving you about the rise of infected is fake? I mean you might not see it but for sure people in your country gets tested everyday and this alone is enough to determine if this person is infected or not.
legendary
Activity: 3556
Merit: 9709
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You’re a 2011 registered account & you think a $1,500 drop is a big thing?

Does anybody else smell a bought account?

Dude, we were under $4,000 when covid first started. A $1,500 drop is nothing, it's just price discovery. We’re at the start of a massive bull run. When we reach new highs naturally there are some sell offs & subsequent corrections. The trend is up & will be for the next 12 months at least.

You should know all this though as a 2011 OG.
member
Activity: 1078
Merit: 21
COMBONetworkio
If I pay attention, Covid 19 should not be good and bad news for Bitcoin,
because Bitcoin will not be affected by Covid 19, indeed the price has dropped to 70% because of Covid 19 in early Q1,
but Bitcoin is recovering quickly, so this is the news is just a FUD.
full member
Activity: 1274
Merit: 115
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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?
hero member
Activity: 1218
Merit: 513
I'm not a fan of conspiracy theories, but all counties are reacting too strange to the new mutation.

From one side it's know from September and seen in the Netherlands, Austria, etc., yet almost the whole EU closed the UK by sea and air. It's strange and the global panic could bring the Bitoun under $20K again.

https://www.bbc.co.uk/news/live/world-55392619
full member
Activity: 2576
Merit: 205
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$.
Lol BTC price falls Because this is the correction and also others are taking their Piece of cakes from their long term Holding.

and This is normal after the Long run Bitcoin does.
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.

BTC will go down ,But just a little from 20k ..we have investors now and big companies ,Bitcoin is becoming Real now in faces of those who had first Denied this.
hero member
Activity: 3178
Merit: 937
This looks pretty similar to the March price crash,the only difference is that the March price crash was caused by Trump,the Bitcoin price recovered pretty fast after March,so there's no reason for panic.
This new COVID 2.0 will cause a new wave of lockdowns,which is bad for the "brick and mortar" economy,but it might be good for the virtual economy,including the crypto industry and crypto markets.
I'm not quite sure that the news coming from the UK are the main reason why the price is going down.
 
legendary
Activity: 3010
Merit: 3724
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Meanwhile, dollar vs euro is looking like crap. Seeing BTC go up in price is nice yeah, but then when you're looking at euro, it's not been as spectacular (relative of course). You'd still need 25k USD to say it's 20k euro, so kinda dampens the mood to see dollar valuation go up while inflation eats away at that real value.

Nice dip, by the way.
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