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Topic: If Coronavirus never happened - page 10. (Read 2120 times)

full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
March 19, 2020, 03:22:53 AM
What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
I think the market price will be stable. The cause of the price drop is the said virus. It makes the people to sell their digital currencies including bitcoin that is why sudden dump happens. They need a money for them to be able to sustain their needs because they are being quarantined and the work stopped.
sr. member
Activity: 1638
Merit: 261
March 18, 2020, 06:26:57 PM
What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking

Initially we thought corona virus has nothing to do with crypto market but eventually it started showing its affect and I am sure we would have seen some further pump if corona virus wouldn't have happened, but yes the dump was expected before halving and it naturally occured due to corona thus saving whale's efforts to bring down the market.
hero member
Activity: 2268
Merit: 579
Leading Crypto Sports Betting & Casino Platform
March 18, 2020, 12:13:16 PM
I think the situation will be stable (not Bull or Bear) and the price of all cryptocurrencies is like in January.  but I think there are positive things that we can feel at this time, we are more maintain cleanliness such as washing hands, and closer to family..
And for those religious countries they also learned how to be more closer to the god that they are believing with. But moving forward to this corona
issue which really hurting most pocket of small investors, most are already dumping as they are afraid of losing more of their money. For some who
still inside the game they are stuck and need to wait for longer period of time before this virus to be cured or to be contained.
You're somehow right about the small investors been stuck because i saw a user of this forum a couple of days back complaining he was unable to sell some portion of his holding to get some of his emergency needs due to the price of the market downtrend but i believe this case only happened to inexperienced investors which are unable to swap their investment into stablecoin before the dump.
legendary
Activity: 2982
Merit: 1028
March 18, 2020, 12:06:55 PM
I think the situation will be stable (not Bull or Bear) and the price of all cryptocurrencies is like in January.  but I think there are positive things that we can feel at this time, we are more maintain cleanliness such as washing hands, and closer to family..
And for those religious countries they also learned how to be more closer to the god that they are believing with. But moving forward to this corona
issue which really hurting most pocket of small investors, most are already dumping as they are afraid of losing more of their money. For some who
still inside the game they are stuck and need to wait for longer period of time before this virus to be cured or to be contained.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
March 18, 2020, 11:37:55 AM
I think the situation will be stable (not Bull or Bear) and the price of all cryptocurrencies is like in January.  but I think there are positive things that we can feel at this time, we are more maintain cleanliness such as washing hands, and closer to family..
sr. member
Activity: 625
Merit: 250
io.ezystayz.com
March 18, 2020, 09:02:16 AM
We can't stop what have been our destination and must ready when some thing bad happen to us, but with  Corona virus make many investment way have been drop and investors lost much their assets, so far bitcoin get many big problem with Corona virus. Now we have wake up and try to make Corona virus die to get back investment way raise to higher price.
The market will continue to lose prices for a while longer and this is the only reason why the situation is getting worse. The current Bitcoin price is still very volatile and every day everyone in this market is scared. Of course, I also lost more than 40% of the profits from the previous few days and felt very depressed but could not do anything else because the market was so unpredictable.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
March 18, 2020, 05:00:46 AM
We can't stop what have been our destination and must ready when some thing bad happen to us, but with  Corona virus make many investment way have been drop and investors lost much their assets, so far bitcoin get many big problem with Corona virus. Now we have wake up and try to make Corona virus die to get back investment way raise to higher price.

I disagreed above with bitcoin or crypto being the only way to prevent spread of pathogen through money and I will also disagree here that Covid19 is the reason for investments dropping and all that.

Do not forget the world was already in trouble before this virus spread. We were seeing lowering bank rates. More and more debt created. All kinds of markers like lowered or even negative GDP.

This is the real reason that markets are down now.
full member
Activity: 714
Merit: 104
March 17, 2020, 04:43:05 PM
In any case, cashless payments today are much better than any paper money.  To protect yourself from any virus and bacteria of the disease, it is best to use cryptocurrency or bank cards, because paper money can carry any kind of bacteria from person to person.
Yes, with this incident at least digitalization will be increasingly prioritized to be applied more equitably at trade centers, by prioritizing digital payments this is certainly a good idea to prevent from spreading a virus. We will only look forward to major changes in what will happen later, because after all bitcoin has many advantages if this transition will be carried out to make transactions safer.
It was in connection with the current situation in the world that I expected a completely different development of events on the cryptocurrency market, and not what is happening today.  I believed that digital currencies for non-cash payments would be more popular in society and the number of cryptocurrency users should increase, but recently the cryptocurrency market has fallen by an average of 30-40 percent.  Apparently the panic due to what is happening affects not only people.
sr. member
Activity: 1638
Merit: 457
March 16, 2020, 12:12:15 AM
With this corona virus outbreak, the world should be able to use cryptocurency for transactions and reduce payments by cash. Maybe if this is done, I think it will be very efficient because it can reduce the impact of the contagious virus due to the absence of direct physical contact, we just pray that the drugs for overcome this virus soon found and hope that the world economy will improve again as well as the cryptocurrency market.
sr. member
Activity: 719
Merit: 250
March 15, 2020, 03:37:39 PM
Because of the coronavirus the world is facing a global crisis, it is possible that many will start investing in crypto to save their budget and thus the market will start to grow, and it is possible that the crypto market will feel the crisis
hero member
Activity: 3010
Merit: 629
March 14, 2020, 08:37:46 AM
What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
I think it's the same is still in down thread because we all know that bitcoin is still in recovery situation so we can not expect bullrun this month maybe this year bullrun happen but we can not know when the exact date so be patience and wait.
Im thinking a different scene. I think we are not in bearish trend if the virus didnt affect the stock and crypto market. The coming halving makes the investors bullish to the future of btc thus the price might increase because of investors who accumulate before the halving begin. But it changed due to this global issue that cause panic and fear to people.
sr. member
Activity: 1638
Merit: 278
March 14, 2020, 08:29:51 AM
One thing is guaranteed that stock market prices wouldn't fall as much as it fell right now. I am not saying crypto is directly related because it is not related at all, but stock markets are definitely directly related considering billions of dollars (even trillions) exchange between nations all the time, some give their time, some give their products and some give their money but it changes hands every single day so when that exchange stops and everyone becomes their own individual there is no way finance gets no impact at all.

However, considering crypto is global and it is digital there is no way corona could ever affect bitcoin and crypto. All of this fall on price is basically just a fear but an empty fear that shouldn't have existed in the first place.
hero member
Activity: 2856
Merit: 673
March 13, 2020, 03:21:21 AM
What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
In recent days there has been a significant decline in the price of bitcoin and almost reached 20.45% from the initial price of $7600 to around $6100, and it seems that investors fear of the corona virus not only has impact on conventional finance but has also begun to affect the world of cryptocurrency trading today, so from this impact, many investors suffered losses. Fear that occurs makes investors seem to prefer to save their money or invest in other forms of investment such as gold, property, and land.
In fact the price drop below $5,000, even worst, right?

If there is no coronovirus panic, bitcoin will not dump like this, but people see it differently, some also see this as an opportunity for them to accumulate.
When bitcoin was below $4000 last year I guess, people does panic but then bitcoin bounce back and rise significantly, surely the same thing will happen here.
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
March 12, 2020, 01:55:44 PM
#99
What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
In recent days there has been a significant decline in the price of bitcoin and almost reached 20.45% from the initial price of $7600 to around $6100, and it seems that investors fear of the corona virus not only has impact on conventional finance but has also begun to affect the world of cryptocurrency trading today, so from this impact, many investors suffered losses. Fear that occurs makes investors seem to prefer to save their money or invest in other forms of investment such as gold, property, and land.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
March 12, 2020, 09:12:05 AM
#98
Unfortunately, we are thinking about crypto as something that will make us a lot of profit when we are trading it, yet when it comes to corona we are talking about how we could use crypto for actually payment. We should have considered about crypto payments globally thanks to some apps that could do that but we have failed to do that and instead focused on how we could make a profit with crypto and that resulted with us being very behind the schedule when it comes to contactless payments.

However, let's not forget that even a handshake is actually risky and even breathing could be dangerous as well so all in all trying to not pay with cash is not really all that enough, we would need a lot more if we are afraid of corona virus and how we could get infected with it.
sr. member
Activity: 700
Merit: 254
March 12, 2020, 06:36:13 AM
#97
What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
I think it's the same is still in down thread because we all know that bitcoin is still in recovery situation so we can not expect bullrun this month maybe this year bullrun happen but we can not know when the exact date so be patience and wait.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
March 11, 2020, 11:30:40 PM
#96
                                   ~snip~

Diverting on crypto is the last resort for every investors, because they have the mindset that crypto won't be affected by economic crisis in connection with virus epidemic.
actually its better to say "Our Mindset" as crypto holders mate,we believe that in this market we have more confidence about the assurance of not Dumping when the economy falls not like what Fiats have when it happens.
Fiat economy can't handle pressures like specially when huge part of the world's business supply has been affected with the recent problems. If we never encounter that problem, I think both crypto and fiat circulation will still grow progressively.
also same beliefs mate that Both Fiat and Crypto will survive and make progress in future ,and i think there is no competition at all because both will help people now and in future.
hero member
Activity: 1426
Merit: 506
March 11, 2020, 07:49:17 PM
#95
Supposedly Corona Virus issue must help the Crypto market more valuable and usable because in this there is no physical contact
 so using Bitcoin for Payment option must be in effect.
The value of bitcoin is not going to rise when the global economic markets are struggling and that is what we are seeing in the market as all the markets are bleeding but sure bitcoin and the major alts can be used as a mode of payment which is safe and secure in the event of a epidemic like this but i am not seeing much changes from the merchants either, so realistically i am not seeing much change now but we might see the changes in the future where the merchants starts accepting virtual currencies.
full member
Activity: 714
Merit: 104
March 11, 2020, 02:12:33 PM
#94
i think in this outbreak, it would be great to using cryptocurrency as payment method. Since cryptocurrency is need QR scan to pay, than other payment method.  Smiley

Stay Safe Everyone

QR is one way of paying but you actually even can just copy paste or even manually write down an address if necessary. Bitcoin is a bit more special than that, but I have seen other digital methods (like just apps) where even you can shake your phone to accept an incoming payment.

Anything digital is better these days.
In any case, cashless payments today are much better than any paper money.  To protect yourself from any virus and bacteria of the disease, it is best to use cryptocurrency or bank cards, because paper money can carry any kind of bacteria from person to person.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
March 11, 2020, 10:12:27 AM
#93
i think in this outbreak, it would be great to using cryptocurrency as payment method. Since cryptocurrency is need QR scan to pay, than other payment method.  Smiley

Stay Safe Everyone

QR is one way of paying but you actually even can just copy paste or even manually write down an address if necessary. Bitcoin is a bit more special than that, but I have seen other digital methods (like just apps) where even you can shake your phone to accept an incoming payment.

Anything digital is better these days.
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