Is the Corona drop over or will it continue? - page 2.

jossiel

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Quote from: Swordsoffreedom on April 11, 2020, 07:51:25 PM

Quote from: jossiel on April 11, 2020, 07:36:02 PM

~snip~
And as it relates to the market, there will be more drops that has been said by many but I don't rely to them.

Coronavirus affecting all over the world. The virus has hit the global economy, Global economy is just stuck only for this pandemic. you know that, most of the well-known cities are totally locked down now. people are unable to do work. stock market has just fallen down. You can't neglect this, if this situation continues, there are awful times ahead for us in the future.

I know but I choose not to believe that there will be more drop soon. I'm aware of that but I'm fighting mind games on my own style. This is for bitcoin's economy and we're entirely affected too and we can just deny it.

It's either you will push yourself to have that negative feeling because of the impact that corona virus is giving to us. We can avoid it through thinking positive and also by buying appropriately at the bad times.

shaheer001

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Who are trading in Crypto market all are human? Then definitely Corona effected the Crypto market too as there are millions of people(maybe Crypto traders) whose families are infected due to this Virus and some there supportive also busy so at least The Corona affected all the fiat and crypto market as almost All new project has delayed there IEO schedule.

novaprime

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Quote from: Swordsoffreedom on April 11, 2020, 07:51:25 PM

Quote from: jossiel on April 11, 2020, 07:36:02 PM

~snip~
And as it relates to the market, there will be more drops that has been said by many but I don't rely to them.

Coronavirus affecting all over the world. The virus has hit the global economy, Global economy is just stuck only for this pandemic. you know that, most of the well-known cities are totally locked down now. people are unable to do work. stock market has just fallen down. You can't neglect this, if this situation continues, there are awful times ahead for us in the future.

Since the arrival of covid-19, the global economy has been severely affected and millions of unemployed people have made it increasingly difficult to make money. I do not know what will happen next, but certainly investors will face a lot of new risks and this is a sign that the economy will be in crisis this year. Of course, I am also living a very difficult life and many of my family members also lost their jobs from this epidemic.

Swordsoffreedom

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Quote from: jossiel on April 11, 2020, 07:36:02 PM

~snip~
And as it relates to the market, there will be more drops that has been said by many but I don't rely to them.

Coronavirus affecting all over the world. The virus has hit the global economy, Global economy is just stuck only for this pandemic. you know that, most of the well-known cities are totally locked down now. people are unable to do work. stock market has just fallen down. You can't neglect this, if this situation continues, there are awful times ahead for us in the future.

jossiel

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Quote from: ?? on ??

I think everything will depend on the measures that countries will take regarding isolation, because if you look at the example of Wuhan,
then we see that for several days there have not been any new officially registered infected cases.

Because they're already free from the virus and that's why certain precautions should be apply. Social distancing and all of those affected should be treated well so that the virus will not spread rapidly.

The sad part is that even the government is fighting the virus, if the citizens are not cooperating and collaborating with them, the virus can spread like quickfire. And as it relates to the market, there will be more drops that has been said by many but I don't rely to them.

Finestream

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Quote from: bitkanu on April 11, 2020, 07:03:22 PM

Quote from: joseyphil82 on April 10, 2020, 02:38:59 AM

I believe that Bitcoin should be trading at 10k plus if not for the coronavirus which makes many holders dumped their shares, some even believe it's the end of the world lol, this pandemic have to go

That rate makes sense consider about bitcoin can still grow even more. People will not feel worried again to buy bitcoin when there was no corona virus. We will also facet the hype caused by the bitcoin halving.
I believe that the rate can be achieved easily. We are facing a very difficult situation caused by this virus infected more than 1,5 millions people

Probably the halving will come but the corona virus will still stay, it's taking longer already, there is no cure on it, people are still suffering as they can't move now, they just stay at home fearing for their life as when they get infected, that's another problem as they could die.

There's a fear now especially in countries that are heavily affected, but it should not effect the value of bitcoin, in fact I believe that bitcoin will still rise even at this situation now.

bitkanu

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Quote from: joseyphil82 on April 10, 2020, 02:38:59 AM

I believe that Bitcoin should be trading at 10k plus if not for the coronavirus which makes many holders dumped their shares, some even believe it's the end of the world lol, this pandemic have to go

That rate makes sense consider about bitcoin can still grow even more. People will not feel worried again to buy bitcoin when there was no corona virus. We will also facet the hype caused by the bitcoin halving.
I believe that the rate can be achieved easily. We are facing a very difficult situation caused by this virus infected more than 1,5 millions people

cute nmp

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I don't really think the Corona drop is over .It is to early to say that the pandemic is yet to be over even though we see little improvement in declining the virus hope all things will be back to normal soon.It is not just the crypto-market that is affected by the pandemic even the world stock market is down.It is only after this pandemic that markets will recover.

wozzek23

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People saying that media is not helping at all, what exactly do you want the media to do? Stop broadcasting news and updating people on Covid-19? I don’t see anything wrong with the media doing what they do best, it’s up to you yourself, if you feel that the media is affecting your life negatively, then I will advise you to switch off and stay away from it for sometime.

You should find something else doing , than surfing the net and expecting to see good news lol. And as for Bitcoin, it’s already getting back to the top, though there was a slight decrease this morning , but it is back up and I believe before tomorrow it might be back on 7,000 USD.

ije07

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the whole world is being haunted by a corona outbreak and we all don't know what this deadly virus looks like. so do not be surprised if people around the world feel panic & anxiety during the corona outbreak has not been resolved. if not mistaken like China (wuhan) has completed the corona virus and hopefully as soon as possible other countries affected will also resolve this corona problem.

restuibu

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Quote from: kkofor on April 09, 2020, 09:54:23 PM

This year is predicted to be a crisis year to the global economy and many people will surely be unemployed during this time because there is no work for them. Ever since the coronavirus came out, I have become more and more financially struggling and am borrowing to be able to continue living in this difficult situation. In addition, I also spend a small amount of money to invest in this market to earn more profits.

it is only a prediction if the corona continues to be around the world but if the corona is successfully stopped then that will not happen, for now we can only help the government by following the rules to make a lockdown in order to prevent the spread of the corona. and hopes this will end soon so that the global economy returns to normal

nutriagrigia

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Quote from: bitstalker on April 10, 2020, 12:44:53 PM

can't answer the question but during the co-19 pandemic the crypto market did fall and within a few weeks the market tried to get back on its feet. and of course because covid i'm not sure can go up and sure if this pandemic virus doesn't stop we will only see the circulation of crypto market prices go up and down, and when the pandemic ends i don't know.

I think that we will see the next strong price increase in November or December of this year. at this point, all classic markets should start to suffer very much and people will be looking for a place where safety to invest their money. at this time, banks will become bankrupt and therefore people will choose cryptocurrency.

mindrust

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Quote from: kkofor on April 09, 2020, 09:54:23 PM

Quote from: firmino10 on April 09, 2020, 07:49:55 PM

So the crypto market or different markets will keep on having a much more dreadful impact if coronavirus keeps on existing right now, despite everything keep on foreseeing this virus now as though they don't have anything to do in light of the fact that this virus is along these lines by one way or another this virus must be destroyed from the face this world since I need to be normal as I used to do outside exercises or in the crypto trade I realize this is difficult to state on the grounds that the vaccine to recuperate hasn't been found so researchers are as yet attempting to discover it.

This year is predicted to be a crisis year to the global economy and many people will surely be unemployed during this time because there is no work for them. Ever since the coronavirus came out, I have become more and more financially struggling and am borrowing to be able to continue living in this difficult situation. In addition, I also spend a small amount of money to invest in this market to earn more profits.

Wait... so you are borrowing money so you can live... but then you also gamble some of it (even though it is small) on highly volatile crypto assets so you can make more money? This sounds so wrong to me.

You don't do this with borrowed money. Do it only with the money you don't need. Don't you think you should save some cash in case of an emergency? What if you get sick suddenly and need cash?

In a time like that gambling should be your last priority.

jossiel

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Quote from: joseyphil82 on April 10, 2020, 02:38:59 AM

I believe that Bitcoin should be trading at 10k plus if not for the coronavirus which makes many holders dumped their shares, some even believe it's the end of the world lol, this pandemic have to go

It follows the sentiment of the world market recently and there's also the same sign that it showed during the bull run. Because it's not just bitcoin whom skyrocketed but many stocks also did.

Even before the pandemic, bitcoin already plunged.

The pandemic has relation to the price that it shows today but its contribution for the upcoming halving shows more affection.

pixie85

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For coins that follow Bitcoin's price it's not going to continue.

I agree with analysts who say that Bitcoin has reached its bottom and we will not see anything below 4000 dollars ever again. This means that coins like BCH, ETH, LTC and other that tend to be linked to Bitcoin will not experience a crazy crash like last month. We can still remain in a channel and not see a real rally for months but we also won't face -50% again this year.

Corona will be over in 2 months that's my prediction for the virus.

jahepahit

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Corona virus is indeed afflicting almost all over the world. This is very phenomenal news, causing economic and currency paralysis in various countries. but various experts from various countries have been looking for ways to get out of this problem, although only a few bright spots were obtained. but I am sure this problem will be quickly resolved so that the economy will return to normal

bitstalker

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can't answer the question but during the co-19 pandemic the crypto market did fall and within a few weeks the market tried to get back on its feet. and of course because covid i'm not sure can go up and sure if this pandemic virus doesn't stop we will only see the circulation of crypto market prices go up and down, and when the pandemic ends i don't know.

Mianae

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No
The drop will keep happening until there's a cure or vaccine for the virus. The world infected population keep increasing new deaths keeps being recorded. People are still in the shock of the virus everyone is trying to stay safe from their houses.

popeye95

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I think if govt around the world show they willing to tackle the Corona with lockdown, economic aid, reduce tax,... Those moves would make a positive effect on the market, few investors put their money back to stock cause of price low, best chance to invest. The corona wont stays long if govt do that.

Mighty_crypt

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The virus is not over yet and it's even worsening in some countries like U.S, this is not helping at all and yet some people are saying crypto is benefiting from the pandemic, I don't see how

Topic: Is the Corona drop over or will it continue? - page 2. (Read 1144 times)