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Topic: Is the Corona drop over or will it continue? - page 11. (Read 1170 times)

hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
The panic will definitely continue to exist because the corona virus has existed in various countries so there is a lot of news everywhere so that the panic will continue so even I see this news on TV every day.

I do not know whether crypto is the cause of all this because no one has completely denied the cause of the corona virus.

Of course, if the global economy is paralyzed because each country has been affected.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
Dow jones just ended the longest bull run in history which turned into the fastest run into a bear market (18 days) since 1931.
Crypto is also experiencing a major hit with blood red numbers all over.

It is obvious that Corona is the reason behind it (with a extra spark from the oil turbulence this monday)
The world i going into panic mode with flights cancelled from Europe to the US, Italy in lock down, social gatherings stopped in a number of countries.

Read in a previous thread "Do not blame Corona", how could you not?
What other drivers would that be?

I do not see this being over soon, the question is if the financial and crypto market already included that in the current price levels or if we will continue to freefall?


The corona virus is devastating the price of cryptocurrencies, crude oil and stock market. Some people said there could other reasons of the fall of cryptocurrencies. It can be an indirect link to corona because investors can think that people will trade cryptocurrencies  for fiats in oder to be secured against the virus. As the market is declining, other investors are converting there cryptocurrencies  into fiat or stable currencies now. So, in my opinion, the fall of market is directly and indirectly linked to corona virus outbreak.
member
Activity: 560
Merit: 28
SAPG Pre-Sale Live on Uniswap!
It seems like the media aren't helping at all, they are the reason there is panics all around the globe right now, more over how many stock holders or crypto holders died from Coronavirus if I may ask? I guess none so why all this?
newbie
Activity: 52
Merit: 0
Dow jones just ended the longest bull run in history which turned into the fastest run into a bear market (18 days) since 1931.
Crypto is also experiencing a major hit with blood red numbers all over.

It is obvious that Corona is the reason behind it (with a extra spark from the oil turbulence this monday)
The world i going into panic mode with flights cancelled from Europe to the US, Italy in lock down, social gatherings stopped in a number of countries.

Read in a previous thread "Do not blame Corona", how could you not?
What other drivers would that be?

I do not see this being over soon, the question is if the financial and crypto market already included that in the current price levels or if we will continue to freefall?
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