Topic: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts ! - page 5. (Read 1289 times)
May 13, 2020, 09:19:00 AM
Yeah its seems unreal since only the beginning of outbreak the Bitcoin drop slowly but immediately recover and manage to pump even more. I guess it because the halving event is affects more than the pandemic in crypto world. Everyone are being hype and monitor to the movement of bitcoin price. People seems not withdrawing their investment to bitcoin and more people want to invest right now. Bitcoin pump will not immediately happen but it will near soon which most people will not know.
May 13, 2020, 07:41:51 AM
Bitcoin reached $10k before halving and after halving bitcoin decreased to $8500 which made altcoin red again. I don't think halving this time has the big effect we hoped for and it has nothing to do with the pandemic.
a direct relationship to bitcoin, of course, I agree with the opinion above, that there is no direct correlation that the pandemic affects bitcoin. still, bitcoin can move normally, can go up even almost through $ 10K and soon it goes back down below $ 8K, so altcoin is all affected by bitcoin going down. a pandemic that clearly affects the world economy because of the large use of state funds that must be allocated to pandemic prevention. May 12, 2020, 06:10:19 PM
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.
First of all, There are so much pressure in old investors mind. So they trying to keep it move forward. So many people gets confused about what to do or not to because of those youtubers. 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.
The real thing is now, every national economy gets slow down. Not just bitcoin or this platform. Stock market is not that good. People try to keep money in hand And they need more money. So they invest in many sectors to get some return in back. Problem is some people gets stuck in the Progress, and some didn’t did it.
So, im hoping it will be all right when this pandemic is over, bitcoin is stable i think right now.
May 12, 2020, 11:57:49 AM
Bitcoin reached $10k before halving and after halving bitcoin decreased to $8500 which made altcoin red again. I don't think halving this time has the big effect we hoped for and it has nothing to do with the pandemic.
May 12, 2020, 11:55:30 AM
Certainly very influential in my opinion because I see the movement of the crypto market is quite slow at the time of this pandemic, although halving has occurred but there is no significant increase or high spike, therefore I will return to normal after crypto.
May 12, 2020, 11:50:01 AM
Definitely COVID19 effect on all global market prices, including BTC&altcoin prices. But as we can see volume is pretty high now, so from other side all last events can bring more users, mass adoption and push the prices higher.
indeed there is a decline in the overall global market. almost all countries and economic sectors have decreased due to this virus. but seeing what happens to the crypto market seems to be stronger. it might also be because of the support of halving bitcoin but maybe there will be a better moment for this market to grow bigger. May 12, 2020, 11:40:32 AM
Definitely COVID19 effect on all global market prices, including BTC&altcoin prices. But as we can see volume is pretty high now, so from other side all last events can bring more users, mass adoption and push the prices higher.
May 08, 2020, 06:59:09 AM
I am not sure what's the reason of the pump but I like to guess that this is due to the upcoming halving.
There's no major news in the market right now except for this upcoming halving that will happen in less than a week, so as expect the price of bitcoin was bullish.
For altcoins, I can't expect big pump right now, we need to see bitcoin to rise even more, maybe when bitcoin reaches $15K, that would be good enough to drive the whole market into a bullish market, eventually an altcoins season will come back.
There's no major news in the market right now except for this upcoming halving that will happen in less than a week, so as expect the price of bitcoin was bullish.
For altcoins, I can't expect big pump right now, we need to see bitcoin to rise even more, maybe when bitcoin reaches $15K, that would be good enough to drive the whole market into a bullish market, eventually an altcoins season will come back.
May 08, 2020, 06:51:21 AM
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.
I think the current price of Bitcoin is going up because it is affected by the halving event. Prices have been going up since the previous collapse due to the Covid-19 epidemic situation. Without this epidemic, I think that Bitcoin has now surpassed $ 15k or even went through ATH 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.
May 08, 2020, 03:06:42 AM
But it's not just the price of bitcoin, even the traditional markets are pumping. That to me is what's so unreal. People have no jobs, I know the economy is shit in my place I bet it's the same everywhere and yet stocks are going up? How's that possible? We're all going to experience a big, big backlash when things go bad finally.
May 08, 2020, 05:49:54 AM
But it's not just the price of bitcoin, even the traditional markets are pumping. That to me is what's so unreal. People have no jobs, I know the economy is shit in my place I bet it's the same everywhere and yet stocks are going up? How's that possible? We're all going to experience a big, big backlash when things go bad finally.
This pandemic can be sure to at least also affect the price of Bitcoin and Altcoin, although the impact is not too large.
what is clear with this pandemic is that I agree with you that the economy is very difficult because a lot has to be lost with work. not yet the state must disburse existing bailouts to not only overcome the pandemic but also the impact of the pandemic. such as preparing the basic necessities of life for those who cannot work anymore with the Lock Down situation.
crypto continues to run well the direct influence is not very influential, it can be seen that bitcoin and altcoin are currently leading to improvement.
May 08, 2020, 01:38:44 AM
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.
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.
We can deny the fact that the pandemic crisis is affecting the global economy and is putting it in a bad situation and it has been affecting even the market as well. The good thing is, halving is fast approaching and it has a stronger impact which makes the prices better. Let's trust the process and expect that the market situation will get into a better situation soon.
May 08, 2020, 12:12:39 AM
Bitcoin is still remain stable and altcoin too. There's no need to feel worry about this pandemic anymore and crypto is winning the battle against covid. I think people must forget the impact that caused by the pandemic. We will face a new era that will come very soon. Crypto is really strong right now.
May 07, 2020, 11:01:47 PM
Crypto does not mind the covid-19, while the stocks are down, this upcoming halving gives a lot of reason for the investors to put their money on bitcoin, and we are seeing the effect now, it seems like bitcoin is now ready for a bull run, hopefully this is not just a bull trap like we have been seeing in the past, this time we have some good reason to witness a bull run, and crypto is attractive to the eyes of some investors who failed in stocks.
May 07, 2020, 10:59:09 PM
yeah its strange , your not alone with that questions . i think these were only a trap so im not investing all my money for now . however those people that ecourage to buy btc is normal and not really an ethical practice . these people are only helping btc and also helping thier selves to earn because they also invest on btc . covid 19 has both negative and positive effects on price of btc and alts but as usual those top coins are i think the ones that will shine the most .
May 07, 2020, 10:29:50 PM
So what if we are at a global pandemic as of the moment? Does that mean that Bitcoin will have to be falling also along with the stock market and others?
I am bullish for Bitcoin as of the moment because the halving seems to have created a nice hype around the community. There seems to be a very positive vibe on the upcoming halving which should have caused people to stock on Bitcoin. It is also a perfect timing that fiat is now being printed without limit.
Bitcoin might fly as high as $15,000 within 2020 if not breaking the ATH.
I am bullish for Bitcoin as of the moment because the halving seems to have created a nice hype around the community. There seems to be a very positive vibe on the upcoming halving which should have caused people to stock on Bitcoin. It is also a perfect timing that fiat is now being printed without limit.
Bitcoin might fly as high as $15,000 within 2020 if not breaking the ATH.
May 07, 2020, 07:43:02 PM
The influence will indeed still be there but with the increase that occurs at least the effect is happening more in a positive direction despite the previous market collapse, but this is all like normal conditions ahead of halving bitcoin because we also cannot be certain with certainty whether the crypto market has a strong connection to problems that occur in the world about the Covid-19 pandemic or not. But whatever happens I think we really have to be careful, there is no harm in those who buy for long-term investment because after all this market will get the season back but still, it all does not guarantee this year we will get a bullish trend because it will still take longer like the crypto season that has happened before.
May 07, 2020, 07:10:41 PM
Seem you aren't often to see the movement price of bitcoin and altcoin during this pandemic. You only see the movement price when the pandemic came right? Just see now dude and you will be interesting. Bitcoin price is increasing right now and its price is close to $10.000, what that this mean? Aren't we in pandemic situation? Yes we are, but bitcoin is showing that this pandemic is nothing to do to bitcoin price movement even it can be made as a store of value.
Well, it shows already that there's a little effect of the pandemic that causes the market to submerge for a little but the market did back up again. So it just means that Bitcoin is surviving despite with what's the situation we are in and with the upcoming halving I'm sure people are expecting something from it but don't get too drive by the positive effect that you see today because this is not the real thing how the price move after Bitcoin halving. Just play it safe as long as you may and wait for the right time to get what you want. May 07, 2020, 06:24:09 PM
Seem you aren't often to see the movement price of bitcoin and altcoin during this pandemic. You only see the movement price when the pandemic came right? Just see now dude and you will be interesting. Bitcoin price is increasing right now and its price is close to $10.000, what that this mean? Aren't we in pandemic situation? Yes we are, but bitcoin is showing that this pandemic is nothing to do to bitcoin price movement even it can be made as a store of value.
May 07, 2020, 05:17:23 PM
Bitcoin can rise at any season.
Don't make the opinion of those YouTubers as your basis for buying. Because if it tends to be a wrong decision, you will blame them for that decision. The price surge can be an effect of many things.
1. Halving
2. News
Don't make the opinion of those YouTubers as your basis for buying. Because if it tends to be a wrong decision, you will blame them for that decision. The price surge can be an effect of many things.
1. Halving
2. News
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