Effective Covid-19 vaccine found - page 9.

teosanru

hero member

Activity: 2114

Merit: 619

Quote from: tvplus006 on November 09, 2020, 07:29:30 AM

Great news today: "us pharmaceutical giant Pfizer and German biotech firm BioNTech have announced that their coronavirus vaccine is more than 90% effective in preventing Covid-19 among those who have no evidence of previous infection."
https://www.cnbc.com/2020/11/09/covid-vaccine-pfizer-drug-is-more-than-90percent-effective-in-preventing-infection.html#close

And we see an instant reaction of the market to such a statement.
What will happen to bitcoin in this case?

Just read this news! It's pretty awesome news. These are interim results the final results are yet to be published but they are way above the FDA approval mark which wants atleast 50% efficacy from any vaccine. But yes it takes 28 days from start of vaccination for a person to become completely immune towards Covid-19. But I think Johnson's and Johnson's vaccine is much much better and as that vaccine has proven to have the least reactions and it's a one shot vaccine. But obviously the quicker the better in this situation.

wxxyrqa

full member

Activity: 1372

Merit: 133

Quote from: Poker Player on November 09, 2020, 10:09:21 AM

That news is having at least more impact on the stock market today than on the price of bitcoin. Although it is not so strange because lately the price of bitcoin seems to have been decoupled from the stock market.

In any case, if the vaccine works and the economy recovers, the price of bitcoin should continue to rise.

Today, many of the governments declare the invention of their national vaccines against coronavirus, but at the same time, no one announced and does not vaccinate their citizens, but only introduce new restrictions and announce regular border closings.

oHnK

hero member

Activity: 1414

Merit: 574

Not only in the US, but also my country says vaccines are in the final stage before distribution. The vaccines made in my country are also said to be effective, so this news is not really a surprise. The question here is what makes all the vaccines different? now it looks like they are in a race to offer their vaccine and it is sold at a high price for a huge profit. This news will also not affect bitcoin, because when the pandemic appears, bitcoin prices will continue to rise, and in the future it will too.

plvbob0070

copper member

Activity: 658

Merit: 402

I have already heard numerous news saying that there is already a vaccine being tested for the past few months since this pandemic started, and this doesn't excite me anymore. Yes, I'm hopeful that sooner, there will be a vaccine so that everything will go back to normal and we go outside without having a fear of being infected, but it seems like people are just getting used to living with this virus that some are not even afraid anymore. But an effect on bitcoin, I don't think there will be significant or huge differences at all even after the completion of the vaccine.

dimonstration

hero member

Activity: 2716

Merit: 698

Dimon69

Hopefully all these vaccines will be effective, though it should really be tested and see whether there are side effects. It's a good news for the entire market as the companies who are affected by these Pandemic like some restaurants, tourism can recover after these Pandemic. Sure that the market related with vaccines will be the one who will benefit in these early stage as crypto have nothing to deal with economic yet as adoption of these from establishments and businesses were still few.

YOSHIE

legendary

Activity: 2128

Merit: 1775

Quote from: tvplus006 on November 09, 2020, 07:29:30 AM

What will happen to bitcoin in this case?

I don't think anything special will happen to Bitcoin, even though a vaccine was found, circulated and given to people in this world, I mean Bitcoin still has an effect on buying & selling.

M
The problem in my country right now is about the vaccine, there are many pros and cons.
• The question of whether the vaccine is guaranteed to be cured for sufferers of Covid-19....!

Bitcoin remains as usual an up and down valuation based on market needs.

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

This is nothing new, there are dozens of vaccines that are in the final stages of testing, and the one that will probably be used first before the end of this year in the EU is the one developed in cooperation of Oxford University&AstraZeneca. The test results show that the vaccine is very effective, and in addition to the EU, India also received a license for one billion doses, while 300 million doses were ordered by the US. Russia, meanwhile, has as many as two approved vaccines, but it is not known if the EU or the US are interested in their product.

https://www.nationalgeographic.com/science/health-and-human-body/human-diseases/coronavirus-vaccine-tracker-how-they-work-latest-developments-cvd/

Poker Player

legendary

Activity: 1372

Merit: 2017

That news is having at least more impact on the stock market today than on the price of bitcoin. Although it is not so strange because lately the price of bitcoin seems to have been decoupled from the stock market.

In any case, if the vaccine works and the economy recovers, the price of bitcoin should continue to rise.

CyberKuro

hero member

Activity: 798

Merit: 506

Quote from: Teresa_FX1 on November 09, 2020, 09:21:22 AM

The efficiency of the vaccine must be tested for years and it's safety for decades. yeah, sure... 8 months of deadly virus and here you are -magic vaccine from big farma.

It's not just about health I guess but economics as well.
After they made the announcement, the stock futures rise significantly.
I'm quite skeptical about vaccines, yes the safety has to be monitoring for decades to make sure there are no adverse side effects.
Just cure them who have been invected and let's see if it will works.

Teresa_FX1

jr. member

Activity: 42

Merit: 1

The efficiency of the vaccine must be tested for years and it's safety for decades. yeah, sure... 8 months of deadly virus and here you are -magic vaccine from big farma.

chip1994

sr. member

Activity: 868

Merit: 251

HEX: Longer pays better

Quote from: tvplus006 on November 09, 2020, 07:29:30 AM

Great news today: "us pharmaceutical giant Pfizer and German biotech firm BioNTech have announced that their coronavirus vaccine is more than 90% effective in preventing Covid-19 among those who have no evidence of previous infection."
https://www.cnbc.com/2020/11/09/covid-vaccine-pfizer-drug-is-more-than-90percent-effective-in-preventing-infection.html#close

in fact, the function of the vaccine is not so important anymore. It is still important that which country can produce the first vaccine to prevent this covid epidemic as soon as possible.
As you know, this is the economic virus. If you let people live with such epidemics for another year, the economy would have really collapsed before you were excited

Hopefully Pfizer has the resources and the energy to be able to announce the vaccine sale in Q1 2021, which is really the good news we want to look forward to.

Kez1817

member

Activity: 909

Merit: 17

www.cd3d.app

Quote from: FinneysTrueVision on November 09, 2020, 08:31:47 AM

I don't think this impacts Bitcoin in any way. It is still good news. We must still wait for peer reviews before it is available to the public but hopefully it will not be much longer since people don't want to go back into lockdown and businesses want to fully go back to normal.

I agree with you. This vaccine should pass the clinical trial before it will distribute to the market to secure the safety of health of everyone. It's really a good news and hoping that it will not take any longer to be distributed in every country. But I don't think so if it has a direct impact in bitcoin. Maybe if bitcoin will be use as payment method for that vaccine.

FinneysTrueVision

sr. member

Activity: 1680

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Top Crypto Casino

I don't think this impacts Bitcoin in any way. It is still good news. We must still wait for peer reviews before it is available to the public but hopefully it will not be much longer since people don't want to go back into lockdown and businesses want to fully go back to normal.

Cratoon

full member

Activity: 865

Merit: 104

https://paradice.in/?c=bitcointalk

Did some research on the vaccine - seems legit.
Big news indeed. Gold and Silver is crashing, I expect bitcoin to continue to fall to 14500 - 15000 mark in the next 24 hours.
Investors want this slice of pie...

Chrystora123

full member

Activity: 1414

Merit: 228

Omicron is another FUD

if this has been properly tested then this vaccine is the most beautiful gift at the end of this year. But what worries me is the long-term effect it will likely have when using this vaccine. I hope WHO and also the US agree with this vaccine because whatever they (WHO & US) say is still a benchmark..

masterrex

full member

Activity: 1820

Merit: 107

Well, thats good news, not just in the market, But in the entirety, I hope that the Covid19 vaccine from "Pfizer and BioNTech" will be made available to everyone a soon as possible so that many nations can avail and buy it because the Covid19 pandemic has been inducing more damages as it prolonged not just in the economic aspect but also to the human lives as well.

tvplus006

legendary

Activity: 2268

Merit: 1655

To the Moon

Great news today: "us pharmaceutical giant Pfizer and German biotech firm BioNTech have announced that their coronavirus vaccine is more than 90% effective in preventing Covid-19 among those who have no evidence of previous infection."
https://www.cnbc.com/2020/11/09/covid-vaccine-pfizer-drug-is-more-than-90percent-effective-in-preventing-infection.html#close

And we see an instant reaction of the market to such a statement.
What will happen to bitcoin in this case?

Topic: Effective Covid-19 vaccine found - page 9. (Read 1541 times)