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Topic: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts ! (Read 1306 times)

newbie
Activity: 26
Merit: 1
Back in March the pandemic has some influences on Bitcoin and Altcoin but today the prices have been increasing and the crypto market has restored. The charts show a bullish market and I believe this will continue for a lont time.
full member
Activity: 760
Merit: 109
PredX - AI-Powered Prediction Market
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.
Bitcoin got pump incredibly during this Global Panademic, that's because everyone are lockdown in home. No jobs, no work. That's why they come online and buy btc, so that they can get some profit.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?
Thank You for Answering.
Now btc is not going to pump soon. But there is a hope pumping ETH cause people are buying Eth due to ETH 2.0. You can buy eth, bnb for get benefit
full member
Activity: 760
Merit: 109
PredX - AI-Powered Prediction Market
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.
Bitcoin got pump incredibly during this Global Panademic, that's because everyone are lockdown in home. No jobs, no work. That's why they come online and buy btc, so that they can get some profit.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?
Thank You for Answering.
Now btc is not going to pump soon. But there is a hope pumping ETH cause people are buying Eth due to ETH 2.0. You can buy eth, bnb for get benefit
full member
Activity: 760
Merit: 109
PredX - AI-Powered Prediction Market
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.
Bitcoin got pump incredibly during this Global Panademic, that's because everyone are lockdown in home. No jobs, no work. That's why they come online and buy btc, so that they can get some profit.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?
Thank You for Answering.
not sure btc is going to pump more or not But there is a hope pumping ETH more cause people are buying Eth due to ETH 2.0. You can also buy eth, bnb for get benefit
full member
Activity: 1260
Merit: 103
I think there is no influence covid 19 with price of bitcoin in fact, bitcoin could pump high in situations covid 19 and I think bitcoin and altcoin are one of the alternative money seekers in this covid19
full member
Activity: 1386
Merit: 101
ComboLabs
clearly visible the effect is there, the price of altcoin and bitcoin can go up, an increase of 100% has occurred,
although this time there was a decline, I think this is still a correction, there will still be an increase again
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?

Thank You for Answering.


Some people had sold their cryptocurrency to eat and for shelter. Because they don't have any work due to lockdown.This can be only handle by rich people can help the poor and needy.This corona made many people to sell holding and some to inverse on cryptocurrency.It's important to hold such pandemic situation rather than selling at cheap price. They should find some online job for their expenses.


very concerned and indeed this is the reality that happened and I strongly agree with what the above colleague has said, that due to the needs of all tokens that should be retained to wait for the increase must be willing to be sold before the expected time, because of the need to meet the necessities of life obviously more priority.

but for those who do have needs, this moment is very profitable because they can hold tokens longer and manage them. where we now know that many tokens are moving towards significant improvement.
of course this is clearly beneficial for those who do have an investment.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?

Thank You for Answering.


Some people had sold their cryptocurrency to eat and for shelter. Because they don't have any work due to lockdown.This can be only handle by rich people can help the poor and needy.This corona made many people to sell holding and some to inverse on cryptocurrency.It's important to hold such pandemic situation rather than selling at cheap price. They should find some online job for their expenses.
hero member
Activity: 2730
Merit: 632
Yep it's unbelievable the price of bitcoin was increasing while we are at global pandemic, I guess people want to have an extra income in internet and bitcoin was their choice to earn some money. If there is no pandemic I'm sure the price of bitcoin will surge.
I don't think that's the reason why a market activity is increasing. bitcoin is increasing slowly, I guess it's only natural. even after halving which coincided with this pandemic, bitcoin could only stand still with little movement. I think the current conditions can still be said to be reasonable and there is nothing to be exaggerated.
Covid-19 affected this market in March and it was a very bad time so I am sure this pandemic will have a huge impact on the price of Bitcoin. Currently, things have changed a lot and Bitcoin prices have risen higher than in the previous months, so this is a sign that the crypto market will definitely be a promising market. I think if there is a vaccine, this will be news that will cause the entire economy to change and the price of Bitcoin will probably go up very high.
Correlating crypto market on current worldwide condition cant really be avoided but doesnt mean that it do dictates out on what do happen with Bitcoins price. We have seen that its almost no effect even if we are
on the pandemic situation which signifies that it isnt really that connected from time to time.If we do check out traditional markets then we do saw that they are heavily affected by this but not in Bitcoin or into some alts that we had seen.Same goes if the vaccine had been created which i dont really expect that much that there would be a rise up after that but to know that people are already get confident in terms of investment then
there would always a possibility for money to flow directly to crypto which would be a good news.
sr. member
Activity: 462
Merit: 250
Yep it's unbelievable the price of bitcoin was increasing while we are at global pandemic, I guess people want to have an extra income in internet and bitcoin was their choice to earn some money. If there is no pandemic I'm sure the price of bitcoin will surge.
I don't think that's the reason why a market activity is increasing. bitcoin is increasing slowly, I guess it's only natural. even after halving which coincided with this pandemic, bitcoin could only stand still with little movement. I think the current conditions can still be said to be reasonable and there is nothing to be exaggerated.
Covid-19 affected this market in March and it was a very bad time so I am sure this pandemic will have a huge impact on the price of Bitcoin. Currently, things have changed a lot and Bitcoin prices have risen higher than in the previous months, so this is a sign that the crypto market will definitely be a promising market. I think if there is a vaccine, this will be news that will cause the entire economy to change and the price of Bitcoin will probably go up very high.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
During the COVID-19 pandemic, the crypto market was very unstable, perhaps because of the current economic crisis in various parts of the world, so that by 2020 it was a difficult time for cryptocurrency to shine.
During the Covid-19 pandemic, the crypto market is not the only thing that is unstable. Everything in the whole world including the economy of world is just unstable and as you know there is a huge impact on the world by the pandemic. l hope after solving this problem we will see cryptocurrency to shine, but exactly it is just far.
Covid-19 for some investors in this market is a very good investment opportunity because if you bought some coins in March, now you have doubled profits in a short time. Besides, if there is a vaccine, the crypto market will certainly grow and attract a lot of big investors. Of course, this cannot happen now because Covid-19 is affecting the lives of so many people.
What about those who did not come to Buy last march?meaning this is not good investment opportunity for them?i doubt it mate because looking at the market movement now the Value of Bitcoin and other altcoins are still competing to at least break $10,000 and stays in those Level for the whole 3rd quarter and if we managed to adopt this then we will be having a Best 4th quarter of our life this 2020.

There are many speculation that we can Hit and stay at 5 digits this year but since the effect of pandemic is still here,we are long time in a waiting for this to happen.

Considering the situation we are at now, I guess we can't expect a further growth of bitcoin, maybe what we will be seeing is just only the survival and it's very evident that bitcoin is surviving as it has recover back from a big crashed that happen this year.

People are not talking on altcoins yet, their focus is on bitcoin as bitcoin's movement if no significant changes, nothing will happen with altcoins.
People are not talking about altcoins yet, that is why BTC is the main reason of increasing the price of altcoins. Maybe it can be the reason of not talking about much more about altcoins. That is right if BTC doesn't start growing up, there will not be any change in the price of altcoins. Maybe you are right about that BTC will grow up in the next year.
full member
Activity: 896
Merit: 198
Yep it's unbelievable the price of bitcoin was increasing while we are at global pandemic, I guess people want to have an extra income in internet and bitcoin was their choice to earn some money. If there is no pandemic I'm sure the price of bitcoin will surge.
many is prefer to use online transaction right now even government agencies want to adopt  this technology this is the reasons why this pandemic can also help the bitcoin price increase instead of dropping.
They also want avoid using banknotes to avoid direct contact with anyone And the disease will never spread further with the online payment method.
hero member
Activity: 2366
Merit: 504
Yep it's unbelievable the price of bitcoin was increasing while we are at global pandemic, I guess people want to have an extra income in internet and bitcoin was their choice to earn some money. If there is no pandemic I'm sure the price of bitcoin will surge.
Internet things like bitcoin usually the least to be affected, you can see that the use of e-wallet which helps us dealing transaction offline with just an app has been increasing so rapidly and it only makes sense for bitcoin which has existed for so many years promoting online currency to be used widely to rise in price because people realize that there's this thing called bitcoin.
sr. member
Activity: 1876
Merit: 318
Actually there is no correlation between the increase in the price of Bitcoin with COVID19, so Bitcoin will pump or dump depending
on supply and demand. Although there is no COVID19, Bitcoin will continue to rise in price, because many people believe Bitcoin can
be a safe haven. Not even a little people who believe, can become rich by investing in Bitcoin. For altcoins I still doubt can shine
this year, due to now the price of altcoins is still stable. Following the price of Bitcoin which is also still stable at $ 9000- $ 9300.
hero member
Activity: 1274
Merit: 500
Yep it's unbelievable the price of bitcoin was increasing while we are at global pandemic, I guess people want to have an extra income in internet and bitcoin was their choice to earn some money. If there is no pandemic I'm sure the price of bitcoin will surge.
Depends on how people think about this market because if they feel this is a new investment trend they will be more involved. In fact, Covid-19 is not the reason for this market price increase and completely depends on each person's investment needs.

In general, the value of Bitcoin has increased and remained stable at $9400 during the past 2 months, so this is a sign that the market will grow strongly when Covid-19 officially ends.
full member
Activity: 1120
Merit: 101
Yep it's unbelievable the price of bitcoin was increasing while we are at global pandemic, I guess people want to have an extra income in internet and bitcoin was their choice to earn some money. If there is no pandemic I'm sure the price of bitcoin will surge.
I don't think that's the reason why a market activity is increasing. bitcoin is increasing slowly, I guess it's only natural. even after halving which coincided with this pandemic, bitcoin could only stand still with little movement. I think the current conditions can still be said to be reasonable and there is nothing to be exaggerated.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
The stock prices will get a big impact from the Covid-19, but the crypto is not getting too big, although the price for all coins already drops. And now, the stock is trying to rise again, while the crypto still on the way to increase. And that will depend on how good bitcoin moves. If bitcoin can increase higher, the altcoin will follow to grow, and the stock still tries to increase too.
improvement is still not seen in the crypto market at this time. even though the world economy is starting to run again even though it can't be as maximal as usual. crypto is not so affected I think. but market conditions have remained silent for a while. even the halving event was unable to move the market.
It needs more time for the halving effect to move the market, and I guess we are still on the process to go that way. Maybe we will not see the result this year, but the next year, so we need to be patient for a while. The world economy is trying to rise after it stops because of the pandemic, but I am sure that sooner or later, we will see the economy grow more than before.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
when Covid19 appeared, all stock prices and of course the crypto currency had a terrible dump that occurred in march, but for the crypto currency recovery was very fast, and became a good investment this year
That is right when Covid19 affects on the world economy, this world also has been destroyed. But no exaggeration to say that, BTC has survived from the corona. There is still an impact on the price of other cryptocurrencies. But l hope it will recover from this situation as soon as. Maybe we should be more patient.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
when Covid19 appeared, all stock prices and of course the crypto currency had a terrible dump that occurred in march, but for the crypto currency recovery was very fast, and became a good investment this year
The stock prices will get a big impact from the Covid-19, but the crypto is not getting too big, although the price for all coins already drops. And now, the stock is trying to rise again, while the crypto still on the way to increase. And that will depend on how good bitcoin moves. If bitcoin can increase higher, the altcoin will follow to grow, and the stock still tries to increase too.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
when Covid19 appeared, all stock prices and of course the crypto currency had a terrible dump that occurred in march, but for the crypto currency recovery was very fast, and became a good investment this year

Crypto as such as not taken that hit which stock markets have gone through as it has fallen badly due to pandemic situation across the globe. Also , people would have moved their investment for the falling stock market to crypto and this would have given the push and also helped crypto to not fall much or to recover from the fallen price.


True, crypto is quite stable despite of the pandemic that cause an economic collapse to some countries.
Bitcoin is still surviving, at the current price now which is $9K, this is quite a good price compared to the price it dump earlier this year.

I think bitcoin will not anymore dropped this year and my best guess is that it will stay at least $10k by the end of the year.
But of course, no effect positively for altcoins.
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