If Coronavirus never happened - page 13.

nelson4lov

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Quote from: styca on March 05, 2020, 12:03:47 PM

The fact that Coronavirus caused the crypto markets to drop does provide more evidence that crypto isn't a safe haven. Perhaps it will become one in time, but at the moment crypto is as much at the mercy of real world situations as normal markets are.

For the records, Crypto has acted as a safe haven for quite a while now. Despite the fact that the Coronavirus news caused a dive across all markets include crypto only shows just how much serious Coronavirus threat is. However, Its safe to say that in the near future, the crypto market would be completely independent of the negative happenings that occur globally. So I wasn't surprised with the downtrend events.

To be clear, if Coronavirus worsens, Crypto can provide a solid way of transferring funds across countries.

cryptoangel

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The coronavirus was created by human only so it was affected by human. I saw the survey hundred years before also same kind of virus was affect the number of peoples. But China was already avoid the crypto transaction so few peoples only stay in a crypto platform. I think it was never affect the market growth because again the market will start to hype so we can concentrate the positive view.

herurist

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Quote from: cassavachips on March 05, 2020, 10:50:45 AM

Coronavirus has no effect on the cryptocurrency market, this is not an event that has an effect on digital money. But this disaster had a huge economic effect on the country affected by this virus and it was natural because they stopped all major activities and events to prevent the virus from spreading. But, until now no cryptocurrency has been affected by this incident

When incidents like this and viruses continue to spread everywhere it is true that there is no effect on the cryptocurrus market, the proof is that the market is growing again.
Corona indeed has a big impact on the government economy because it has to be responsible for all or affected by this so this has nothing to do with the cryptocurrency market.

In the future too bitcoin can reach $ 10,000.

styca

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The fact that Coronavirus caused the crypto markets to drop does provide more evidence that crypto isn't a safe haven. Perhaps it will become one in time, but at the moment crypto is as much at the mercy of real world situations as normal markets are.

cassavachips

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Coronavirus has no effect on the cryptocurrency market, this is not an event that has an effect on digital money. But this disaster had a huge economic effect on the country affected by this virus and it was natural because they stopped all major activities and events to prevent the virus from spreading. But, until now no cryptocurrency has been affected by this incident

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Quote from: Leah38 on March 03, 2020, 06:55:52 PM

The thought really didn't enter my mind. Corona virus didnt affect crypto market movements on my point of view. Here in the Philippines, we are not that much affected. The other countries, yes. I think the news of war affects crypto market more than the virus outbreak.

Philippines is just a small part of crypto market mate so don't expect that because the country is not affected means there are no effect in the worldwide market because it is not appropriate.

at first i tried not to believe in this effect but now?seeing the infection growing bad?and the prices of market is dropping ?i think yeah there are connection.

Rosilito

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Quote from: OasisDre on March 02, 2020, 03:09:22 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 certainly believe that Corona Virus has nothing to do with crypto market. Well, behind crypto market movement there are a wide-range of events that can be considered, well, may be this recent virus is just a small factor contributing to wide-range of circumstances that we don't know. Thus, this down trend is neither this virus's fault. And take note, this virus exists before down trend comes though but the market even spike up a little with the virus currently existing. Anyway, if corona virus didn't exist, one thing is for sure here, there will be no fear about this virus spreading, there will be no fear everywhere.

Sterbens

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I think the presence of this corona virus will not affect the crypto market, the proof is that the cryptocurrency market is currently up by a few percent and almost all of its altcoins are following this increase, meaning that the bullish is coming again by itself.
The corona virus will only affect the global economy because it is related to the government, so a drop in the market has become a natural thing as a result of this outbreak.

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Quote from: DonFacundo on March 04, 2020, 11:17:48 AM

In my opinion if the coronavirus never happened I think the market will still the same situation right now because only few people affected of the virus so the market is not affected but if more more people getting affected of the virus I guess the market will down.

There will be no differences but just try to remind you if crypto could get a small bullish trend as when corona virus doesn't exist and the produce of gold will not reach the all-time low. These days people are worried about the existence of this virus as in my country and this virus disrupted the economy and makes so many stock markets are losing a lot of demand.
Those investors are converting their money into a stable asset like gold or hodl the fiat. Even the economy of big country like china can go down wasily caused by this virus.
It seems like that this trend will still continue.

Pamadar

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Quote from: Taskford on March 04, 2020, 09:50:37 AM

Corona virus hurting so much the economy and the current situation of crypto and if this virus will continue for more months for sure all economic side of whole wide get affected and might we will get affected if certain things doesn't brought up by the fate.

Many investors and traders are afraid since this virus is really killing people that are infected, they choose to hold their money and forget about dealing with the market. With this actions the activities are hurting the industry, without invested money around this economy will keep falling, Corona issue is getting higher attention and it's impacting the entire business sector.

Ridwan Fauzi

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Quote from: OasisDre on March 02, 2020, 03:09:22 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

The movement price of cryptocurrency will be depend on the sentiment market, I mean we have to see the sentiment market before when the corona virus came.

Before the corona virus came the sentiment market of cryptocurrencies are really good, as you may know at the early of this year most of cryptocurrencies prices were increasing which is mean I will be guessed that if the corona virus never come the price will keep on the track or it will keep bull run.

Bitcoin price maybe will be reach $12000, because at that time bitcoin price has reached $10.000 even close to $11.000 barrier. But, don't be panic, this situation will take a short and the sentiment market still in a good sentiment other than that we have a news that Indian's government has allowed again to traded cryptocurrency.

shoreno

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hey first off i dont think corona have a relation to the crypto price but to other stocks maybe because china is strongly restricted now . the price of the cryptos is already working like this ever since before when no corona virus or other deadly virus . they are already working up and down . the corona virus trend is only hyped too much were people get panic and people link it to almost anything . the better question here is what will be the price of cryptos now if there is no incoming btc halving because that may seem to be more related to other cryptos .

DonFacundo

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In my opinion if the coronavirus never happened I think the market will still the same situation right now because only few people affected of the virus so the market is not affected but if more more people getting affected of the virus I guess the market will down.

beerlover

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I doubt anyone is hiding anything or I doubt it is as big as people make it out to be. Think about it, there are countless diseases in the world right now and none gets this much attention, even common flu kills more people so there is really no need to overreact and there is nothing to hide about it neither.

There are sometimes some diseases that breaks out in the world and whatever reason that happens, it doesn't really kill as many people as we overreact and for some reason everyone keeps talking about it on news channels all the time. Just calm down, wait for it to be over and meanwhile buy stuff when its cheap and when this is gone and forgotten the prices will be higher and you will be in big profit.

Taskford

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Corona virus hurting so much the economy and the current situation of crypto and if this virus will continue for more months for sure all economic side of whole wide get affected and might we will get affected if certain things doesn't brought up by the fate.

pageraji

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I think without corona virus bullrun stil be kicking because of bitcoin halving, and this corona virus is not bad for cryptocurrency because stock market dumping may be a lot of investor run to crypto market, i hope see another ATH of bitcoin soon Grin

Novatech8

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It's a bad experience witnessing people get killed by a new virus when the world is already filled with different diseases but I find it hard to believe that Coronavirus is affecting Bitcoin, it doesn't look like that to me

bhabygrim

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I am also curious if corona virus didn't happen then what or who would be blame for the market crash?
We are blaming the corona virus for the market crash while we know that those things always happen in the crypto market so if corona virus what or who could be blame about the market crash?

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Quote from: Leah38 on March 03, 2020, 06:55:52 PM

The thought really didn't enter my mind. Corona virus didnt affect crypto market movements on my point of view. Here in the Philippines, we are not that much affected. The other countries, yes. I think the news of war affects crypto market more than the virus outbreak.

We don’t know yet, our media is hiding something for us not to panic but yeah its hard to connect the virus from the current situation of cryptomarket. If there’s no virus then we are living normal but we can’t still be sure that the market will enter in a bull run because there’s no good news from the market aside from halving.

shinratensei_

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Quote from: OasisDre on March 02, 2020, 03:09:22 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

If we are using our logic and when corona virus never happen and i can assume if the correction will not even worst than this time. Im not sure if the bullrun will still be kicking. I just try to take the fundamental of the world economy as the main consideration to determine the direction of crypto. The stock market is also in the same way with crypto right now.
The correction can happen but it will be very small compared with what happens last week.
Corona was affecting so many people being scared to invest in the cryptocurrency and this is happening not only with crypto even in my country and the whole of the stock market is getting a huge impact too. The gold is who can get a positive trend due to the production that comes from africa becomes less and it was touching all-time low production.

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