Do you think this is the news we need for market to recover - page 2.

enhu

legendary

Activity: 2478

Merit: 1018

Normally medical scientist are in a hurry to find cure for a viruses for the legacy they can attach to their names but this corona seem too strange that there is no one had come up. Strange enough for another conspiracy theory.

Yes a cure could be a sign for a market to climb up gain.

Quote from: slashz9 on March 16, 2020, 11:17:11 AM

market will recover even if this a big fallen in this year. it wil bounce back.
market condition is like bubble, if it erupts then someone will try to blow it again, and whale taket this advantage to control market prediction.
and china say this virus will be vanish in june, so we can make preparation for that, to see market will recover or still down.

Why Jun why not December of next year at least. When the city I live in was locked down and people are panic buying, I thought in few months there will be looting in the nearby grocery store. When this happen a lot will be killed and price of BTC by this time could be just $50. That's a lot favorable for whales and take control.

slashz9

full member

Activity: 1554

Merit: 101

market will recover even if this a big fallen in this year. it wil bounce back.
market condition is like bubble, if it erupts then someone will try to blow it again, and whale taket this advantage to control market prediction.
and china say this virus will be vanish in june, so we can make preparation for that, to see market will recover or still down.

bison

full member

Activity: 778

Merit: 100

SmartFi - EARN, LEND & TRADE

Quote from: DonFacundo on March 16, 2020, 10:31:40 AM

Yep surely the market will recover if we have medicine to cure corona virus so there is no panic buying alcohol or face mask. The investors will go back to invest cryptocurrencies.

I think investment activities can still take place even though the circumstances have not changed. but market conditions will be difficult to grow when investors and traders will continue to withdraw their money from the market. hopefully, that doesn't happen.

DonFacundo

full member

Activity: 1344

Merit: 102

Yep surely the market will recover if we have medicine to cure corona virus so there is no panic buying alcohol or face mask. The investors will go back to invest cryptocurrencies.

SaidNurs

jr. member

Activity: 176

Merit: 1

I think this is like a case that had previously happened, where at the beginning of the beginning it was still a hot conversation, but at the end it would not be considered later. But this is a concern because it is global. Always take care of each other. But I also think that this is one strategy for later if the drug has been found, then it will be sold at a high price, afraid if this happens

Rosilito

sr. member

Activity: 658

Merit: 274

Wish for the rain? Then deal with the mud too.

Quote from: fortunecrypto on March 14, 2020, 12:20:46 PM

Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover because of this news?

What's your take on this?

I am not totally certain with this but may be fear has really something to do with the current worldwide condition, of course, and whales did manipulate the market at the same time so that we are going to notice the issue better than the possible side events. Can't agree no more with your statement since it is pretty far the obvious one and even here people tend to panic, worse is that they turn even more greedy, that they being pushed by above-all-else vision on how they'll addressed the problem itself. Do market will get recover? Yes, and better be ready once the virus got finished up, 'cause I believe that the market will rise up as well.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: Lexurdania on March 16, 2020, 04:02:05 AM

Quote from: fortunecrypto on March 14, 2020, 12:20:46 PM

Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover because of this news?

What's your take on this?

I think it's true that the corona virus is making the market move negatively now. Almost all countries have been infected and this can make the economy slow down. But things like me are temporary and the market will recover and cryptocurrency will be a good investment alternative

It's temporal in the sense that when this pandemic disease find the solutions the chance of recovering from this downfall is high. We can assume that many are pausing from investing and holding assets as there's no clear point for positioning your entries.
Once the virus find it's cure the market will bounce, though there's no actual time frame but looking forward to see the best solution.

Kunnu

member

Activity: 1204

Merit: 11

I believe any kind of positive and genuine cryptocurrency related news will definitely bring some cure for the current cryptocurrency market which is getting infected by corona. If we are involve in cryptocurrency in any form so it's our responsibility to spread positive and genuine news to stop panic.

joshua123

full member

Activity: 527

Merit: 113

Everyone needs that medicine or vaccine already so obciously it can help the market recovers if the people are being frees from this death virus that are spreading. The only thing is when this come out? People around are all suffering already and mass people have died without much being medicated by thr virus.

Quote from: Lexurdania on March 16, 2020, 04:02:05 AM

I think it's true that the corona virus is making the market move negatively now. Almost all countries have been infected and this can make the economy slow down.

On some cases such as stocks it already been felt. But for crypto its still not sure how corona affect this a lot or some people with agenda using this cause for lowering the market.

Lexurdania

member

Activity: 840

Merit: 10

Quote from: fortunecrypto on March 14, 2020, 12:20:46 PM

Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover because of this news?

What's your take on this?

I think it's true that the corona virus is making the market move negatively now. Almost all countries have been infected and this can make the economy slow down. But things like me are temporary and the market will recover and cryptocurrency will be a good investment alternative

TravelMug

hero member

Activity: 2632

Merit: 833

Of course, if the medical community or our scientist discovered a vaccine, then obviously the panic will stop, thus crypto will be on the road to recovery. I'm sure the experts are really working very hard at every lab around the world to find the cure to really stop this pandemic so it's just a matter of time.

Meanwhile, the best thing to do is to really buy at every dip, (just like now, the price is just hovering $5k), because once the market recovers, chances are we might see a good profit, it's a tough decision because we really don't know the future, but for me this is a perfect opportunity to be a bagholder.

gaston castano

sr. member

Activity: 1526

Merit: 251

Wasn't it announced that the cure had been found and that China had stated that more than 40,000 citizens affected by the virus had recovered.
so now is the recovery time, but it will take time to make the market recover, just as when the virus attacks at the beginning there is no specific impact, when entering the final phase then it causes economic and industrial decline.

tiang_tower

full member

Activity: 826

Merit: 100

Quote from: Doranile432 on March 15, 2020, 03:35:25 AM

Market will surely recover once the anti virus is found, you'd explained perfectly what is going on, people are converting to Fiat to store foods and meds

The corona virus that is being rife is being discovered at this time by a doctor, but the doctor has yet to find a specific anti-virus, and they only recommend environmental cleanliness and food as an anti-virus at this time, so if we wait for an anti virus, then the market recovery will last long.

Little Mouse

legendary

Activity: 2072

Merit: 2012

Marketing Campaign Manager |Telegram ID- @LT_Mouse

May be yes, it will recover but the crash was not only related to the corona virus. Couple of things together has crashed the market. Bitmex issue, plustoken issue, corona virus together have associated market to be crashed. However, I think it will take some time to recover the market.

zero714309

member

Activity: 749

Merit: 13

The crypto market is very difficult to know the direction for now. I think it needs just a little sweetener news that crypto can make us safe to transaction without having interact each other like fiat. Now it is not only find Covid19's solution but also make change a stigma to the public that digital money can be a problem solver when the government begins to restrict us from being outside the home.

Mianae

member

Activity: 798

Merit: 14

If the vaccine is found the world economy will improve to a large extent. The issue with cryptocurrency market is beyond coronavirus its about whales manipulating the market to buy cheap from panic sellers. When vaccine is found, the market may or may never recover.

trauchot

member

Activity: 1764

Merit: 10

I am sure that this will happen when the corona virus completely recedes, then the cryptocurrency market will again begin to grow and we will be able to see new pumps, but for now, we need to wait out all these drops and keep our investments in stable coins so as not to lose our funds.

kisfoxs

jr. member

Activity: 289

Merit: 1

Quote from: fortunecrypto on March 14, 2020, 12:20:46 PM

Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover because of this news?

What's your take on this?

It is not undeniable that prices reduce crypto assets due to the impact of Corona. It seems to be the worst day for Crypto-asset traders. Price reductions occur within one day and make all crypto traders frantically sell Crypto assets. The concern I inflicted on the impact of the virus. Corona impacts will still continue to happen because now my own victims of the virus infection continue to grow.

Many Crypto asset traders convert crypto assets into real money and are used to buy basic necessities. We can see that many stores and markets have increased sales for specific items.

But we also have to remain confident that the crypto market can go back to the top. And if the Corona virus can be discontinued of course this will give a good effect on the crypto assets.

Mighty_crypt

member

Activity: 784

Merit: 21

I think many years back this kinda market crashing did happened, to my own point of view some organization is behind this virus outbreak, the purposely unleashed it to crash the market for their own gains, few countries have already beat this virus, it won't last for long

aioc

hero member

Activity: 2898

Merit: 567

Quote from: Finestream on March 15, 2020, 03:43:52 AM

Also, you can add that there's a manipulation that is happening.

people are investing because they believe on the future of crypto and their purpose is to be profitable so they'll not cash out their investment if they don't see a profit on it, in addition, they'll not gonna risk their money that is intended for their daily living like their savings, so if even with this corona virus and the price did not dump, they'll not panic, the cause of this panic is the whales playing the weak hands, that's what I see.

This corona pandemic will be over soon, they'll invest soon of course but that's the time the whales will also enjoy.
It's a game, those who are not knowledgeable enough will easily panic, they are called the weak hands.

I hope you are right in your observation I prefer this scenario that whales are doing this because they can and will recover their dumps but it's different if people have lost their confidence and don't want to come back anymore and instead convert their coins to fiat so they can hoard in times of needs.

Topic: Do you think this is the news we need for market to recover - page 2. (Read 477 times)