If Coronavirus never happened - page 9.

leea-1334

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Quote from: bearexin on March 24, 2020, 01:52:25 AM

We are talking about close to a trillion dollars globally lost because of this. Maybe not right now, maybe right away, but we are talking about trillions in affect when this is over. Do you know what a trillion dollar is? Do you know what TRILLIONS is? Let me put it this way 2.4 trillion dollars equals to 6 months of 1000 dollar payments to all Americans, yes ALL Americans from the baby that is born today to 100+ year old dude.

So, as you can see if corona never happened we would have a better economy, we actually destroyed years of improvement on economy in a single month because of corona. I don't know what will happen after this and how deep it will get but I am 100% sure that it already destroyed many many things already. Don't know what we can do about it though.

A trillion dollars lost, but then guess what, a bailout package worth 2 trillion is being prepared by the US a lone. So we are creating more money than we lost from what I am reading and this is all going to go very bad. And yes, that all would have happened even without coronavirus. My friend you have been not reading the news since 2019 if you did not see this coming.

bearexin

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We are talking about close to a trillion dollars globally lost because of this. Maybe not right now, maybe right away, but we are talking about trillions in affect when this is over. Do you know what a trillion dollar is? Do you know what TRILLIONS is? Let me put it this way 2.4 trillion dollars equals to 6 months of 1000 dollar payments to all Americans, yes ALL Americans from the baby that is born today to 100+ year old dude.

So, as you can see if corona never happened we would have a better economy, we actually destroyed years of improvement on economy in a single month because of corona. I don't know what will happen after this and how deep it will get but I am 100% sure that it already destroyed many many things already. Don't know what we can do about it though.

Quidat

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Quote from: ultrloa on March 22, 2020, 06:26:19 PM

Quote from: KTChampions on March 22, 2020, 04:22:50 PM

Quote from: OrangeII on March 19, 2020, 04:19:11 AM

if the coronavirus never happened, it looks like the price of bitcoin is now above $ 12k. Yeah, but this has already happened, just imagine if this had never happened is a futile thing. so, it's better to focus on the strategy that we will use going forward than thinking about it.
so far I am still focused on collecting bitcoin, so whether or not it happens, I stick to my goal.

If we believe that bitcoin is a protective asset, then the crisis that happened (regardless of the reasons) should have a positive effect on its price. But at the moment, nothing like this has happened - bitcoin showed a large correlation with the stock market during the fall. Maybe in the next phases of the crisis this behavior will change? Will see.

This thing happens since people are economically afraid on what will be the future comes since the stock market itself fall down and the crisis is a big threat plus you add the panic buying everywhere for sure all those what we called protective asset will collapsed since people will also get panic to cashout their crypto to fiat for security.

Everything would be on domino effect when people able to see that traditional assets and related things are already being affected and its just normal
for human being to do things when they are panic knowing that main priority would be food and other needs which would mainly needed up some funds or in short money.
When they do know that they have some investments are in hold then higher chances that it would be cash out for sure yet the main priority would be survival and it doesnt
matter if they do sell in loss or not.

KTChampions

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Quote from: ultrloa on March 22, 2020, 06:26:19 PM

Quote from: KTChampions on March 22, 2020, 04:22:50 PM

If we believe that bitcoin is a protective asset, then the crisis that happened (regardless of the reasons) should have a positive effect on its price. But at the moment, nothing like this has happened - bitcoin showed a large correlation with the stock market during the fall. Maybe in the next phases of the crisis this behavior will change? Will see.

This thing happens since people are economically afraid on what will be the future comes since the stock market itself fall down and the crisis is a big threat plus you add the panic buying everywhere for sure all those what we called protective asset will collapsed since people will also get panic to cashout their crypto to fiat for security.

But many people expected bitcoin to be a refuge during the crisis. And it was supposed just the opposite movement - from fiat to bitcoin. Even with the fact that governments have already announced plans to print trillions, everything happens in the opposite direction. Why? It is unlikely that this is a global manipulation - rather, people continue to consider dollar and gold as protective assets.

Japinat

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Quote from: jahepahit on March 22, 2020, 07:51:18 PM

Prices were normal before Coronavirus came like it is today, but apart from the Coronavirus factor, the state of the world economy was in shambles, many countries were isolated, and it was certain that this would affect all prices in the world today, including the price of crypto money as well.

What we are witnessing now is what is happening in the world, a global crisis could create a global fall down of our economy.
True, if Corona virus did not happen, the market should be good now, in fact I was thinking that 2020 is a bullish year for bitcoin but the halving hype is gone due to this bigger news we are facing now, but hopefully the market would still recover although it will take time though.

Keep the patience, if you still have funds for this emergency, never sold a single bitcoin as this will definitely bounce back again.
Like it always does.

jahepahit

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Prices were normal before Coronavirus came like it is today, but apart from the Coronavirus factor, the state of the world economy was in shambles, many countries were isolated, and it was certain that this would affect all prices in the world today, including the price of crypto money as well.

ultrloa

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Quote from: KTChampions on March 22, 2020, 04:22:50 PM

Quote from: OrangeII on March 19, 2020, 04:19:11 AM

if the coronavirus never happened, it looks like the price of bitcoin is now above $ 12k. Yeah, but this has already happened, just imagine if this had never happened is a futile thing. so, it's better to focus on the strategy that we will use going forward than thinking about it.
so far I am still focused on collecting bitcoin, so whether or not it happens, I stick to my goal.

If we believe that bitcoin is a protective asset, then the crisis that happened (regardless of the reasons) should have a positive effect on its price. But at the moment, nothing like this has happened - bitcoin showed a large correlation with the stock market during the fall. Maybe in the next phases of the crisis this behavior will change? Will see.

This thing happens since people are economically afraid on what will be the future comes since the stock market itself fall down and the crisis is a big threat plus you add the panic buying everywhere for sure all those what we called protective asset will collapsed since people will also get panic to cashout their crypto to fiat for security.

KTChampions

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Activity: 2478

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Leading Crypto Sports Betting & Casino Platform

Quote from: OrangeII on March 19, 2020, 04:19:11 AM

if the coronavirus never happened, it looks like the price of bitcoin is now above $ 12k. Yeah, but this has already happened, just imagine if this had never happened is a futile thing. so, it's better to focus on the strategy that we will use going forward than thinking about it.
so far I am still focused on collecting bitcoin, so whether or not it happens, I stick to my goal.

If we believe that bitcoin is a protective asset, then the crisis that happened (regardless of the reasons) should have a positive effect on its price. But at the moment, nothing like this has happened - bitcoin showed a large correlation with the stock market during the fall. Maybe in the next phases of the crisis this behavior will change? Will see.

meldrio1

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Definitely we can see the increasing prices of cryptos especially bitcoin if coronavirus never happened. It is really affecting in the market with this situation, hope this virus is no more infecting people.

mahilchii

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If corona never happened obviously the prices wouldn't have gone so down, also we might have seen a history repeating who knows because the market was going on a super hot way. However we can't justify that exactly as nature has some different thoughts.

Let's fight together to stop this deadliest disease and pray for those who have affected from this...

shadowdio

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Zawardo

I guess the market will be bullish if corona virus never happened. The price of bitcoin will increase because of the upcoming bitcoin halving and for sure the altcoins will increasing also then the market will starts bullish.

jarhed

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Quote from: styca on March 21, 2020, 04:11:52 AM

If coronavirus never happened, we'd all be talking about the run up to bitcoin halving, and speculating on how it would affect prices. But in reality we are checking the news for how governments are responding to the spread of the virus, and our attention has been drawn out of the crypto world into more fundamental concerns about health and family well-being.

It's not known what would have happened if there hadn't been a coronavirus, but most importantly, the virus is now having a very bad effect on crypto and it's causing a market crisis.

wozzek23

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I do not disagree with the fact that before corona we weren't doing all that well neither, you are right that world economy was crushing and basically got stuck and had to go down to start recovering again, however we also can't say it has nothing to do with corona can we? Do not get me wrong of course it was bad and of course it would have happened anyway without corona as well even if not today but a year later but eventually.

However, when you consider corona actually stopping many business', closing down many shops, stopping purchasing luxury stuff, stopping cafes and restaurants, stopping all the big companies, well eventually you see why stock market dropped as well. It is not 100% correlated maybe, however it is mainly due to corona that it happened NOW and not later.

styca

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If coronavirus never happened, we'd all be talking about the run up to bitcoin halving, and speculating on how it would affect prices. But in reality we are checking the news for how governments are responding to the spread of the virus, and our attention has been drawn out of the crypto world into more fundamental concerns about health and family well-being.

kaneki007

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Activity: 1204

Merit: 257

Although coronavirus doesn't occur in the world today no one knows in the future whether crypto will decrease or increase prices. It's been 2 months the market is in good condition if seen from history but every month there will be a bear market except we don't know when it will happen. Currently the market has begun to recover again.

Shasha80

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Activity: 1876

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I am sure if there is corona virus never happened, maybe now the crypto price is approaching the all time high price, because the bull run
will continue until bitcoin halving. But what is happening right now is not entirely bad, because I can buy bitcoin and altcoins at cheap prices.
Right now that the price of crypto is getting better, so for those who have already bought it when the price drops.Now can take profit.

Botnake

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Activity: 2856

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The bear is gone for crypto now?

Bitcoin today pump pretty hard bringing back the price to over $6000, and likely we will see it trading back $7000 soon with the rate its moving.
Maybe for us investors, this corona virus gives us a time to accumulate at a cheap price and we are all profitable now even at the current price.

When bitcoin dump below at $4600, there was a panic but it seems we are at FOMO right now.

coinfinger

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By the looks of it "if corona never happened" is getting bigger and bigger results. If corona never happened we would basically be living a regular life, but right now there are many many nations with emergency and horrible situations, first one was in china and second one is in Italy and it is spreading like crazy right now with European union not having borders between each other it spread to France and Spain very quickly as well and Germany is facing some issues too and other European nations will eventually have it, but that is just starting.

If corona never happened we would basically not have any of this. How do you suspect Italian economy which was already fragile be when all of this is over. People are at their homes not working right now, no way economy can get away for free.

onrise

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Quote from: julius caesar on March 19, 2020, 02:22:53 AM

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

The prices would have not fallen to this level and would have traded at around 9k levels or so which it was trading before the fall. Also, this is an opportunity for people who always wanted to invest or keep on investing regularly to buy during the dips time as in future it is going to rise back again, and people would make money if done the investment during the fallen markets.

OrangeII

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if the coronavirus never happened, it looks like the price of bitcoin is now above $ 12k. Yeah, but this has already happened, just imagine if this had never happened is a futile thing. so, it's better to focus on the strategy that we will use going forward than thinking about it.
so far I am still focused on collecting bitcoin, so whether or not it happens, I stick to my goal.

Topic: If Coronavirus never happened - page 9. (Read 2149 times)