Is the Corona drop over or will it continue? - page 5.

shield132

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Quote from: Octular on March 12, 2020, 04:20:56 AM

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?

Yes, Do Not Blame Corona, blame people's panic mode. I have no idea what these people are going to do. This is insane and very shameful, very, very shameful. People buy dozens of things from supermarkets and act like they have to close their doors for 1-2 months and don't go out, just eat to live at home.
Corona isn't that dangerous, it doesn't cause immediate shock, seizures, death and etc, so don't be so afraid and if you are healthy young don't close door forever.
We don't have to be in stuck at home and stop economy, this will be fatal, I think we don't need another great depression. There is no need of so huge panic.

Drop will continue because people stop economy and even boost it's fall because of their stupid behaviors.

Valzador

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Quote from: Blackdeath on March 18, 2020, 11:34:13 AM

There are really a lot of confusion and theories about the sudden drop of bitcoin's price that most of us think it is because of the corona virus and some says it is normal for bitcoin to make a sudden drop of movement to it's price. But all i know that bitcoin will not end there because 100% sure, bitcoin will recover back it's price soon.

I guarantee the price of bitcoin will rise again above 6k $ when the coronavirus has been declared finished. The question is, when will this epidemic be finished? No one knows when the end of the corona epidemic.

DonFacundo

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If there is more people infected in the virus for sure the market will continue to go down but I believe this is just temporary, this corona virus will end let's just stay our home for safety.

Blackdeath

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There are really a lot of confusion and theories about the sudden drop of bitcoin's price that most of us think it is because of the corona virus and some says it is normal for bitcoin to make a sudden drop of movement to it's price. But all i know that bitcoin will not end there because 100% sure, bitcoin will recover back it's price soon.

CHENIEN

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Practically some of breaking news updates related to coronavirus gives people anxiety, I think more on awareness is needed, to avoid brain stress because it is proven that everyone knowing the coronavirus has existed, unfortunately, the digital assets of many currencies is broke by Ncov-19 which is also affect the stock market related to oil company, this drop is also unpredictable, whether it continues or not, but it is very useful to buy or convert while coins are still cheap.

awik p

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Quote from: Malam90 on March 18, 2020, 09:47:05 AM

Quote from: Jannyh on March 18, 2020, 06:46:08 AM

The Corona drop isn't over,it can only be over when a cure is found out, presently so many people are dumping because if panic,that has also brought crypto down too,the Corona drop did not only affect crypto but also affected the stock market and even the oil sector,but people who have money should use this opportunity to get their best coin now while it is at the bottom.

Right, Corona effect is not over rather it is now spreading heavily all over the world. People are dumping for getting few money in hand in this bad time whether loss or profit isn't factor. I have no money in hand right now because i have invested before. By the way i am fond of gathering BTC or ETH right now for the upcoming pump.

it is good if we collect btc or eth at this time given the very cheap price, but the corona effect does not seem to end many countries are just starting to plague. therefore I also started to collect assets, but not all the capital I used, but will buy it in stages, all at the same time see the situation and conditions

gandame

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Quote from: bison on March 18, 2020, 09:16:53 AM

Quote from: miningguru on March 18, 2020, 09:11:02 AM

Quote from: sangjoewara on March 18, 2020, 03:55:18 AM

Quote from: emerejames on March 18, 2020, 03:35:44 AM

The case of corona virus is not different from other diseases that has been curbed by medical doctors.
While I was reading through other diseases control, I discover that malaria, typhoid, aid etc where killing people until the vaccine and medicine was discover, so very soon corona virus will be curb too

Yes, that's right, Corona virus is a new disease discovered by doctors this year, and obviously doctors will also look for a cure for corona virus, so slowly all conditions will improve as before, just need patience in dealing with all this.

They will cure the diseases easily, but meanwhile, it will create a lot of disaster throughout the worldwide, this virus will spread even more accurately because some people were hiding their diseases during at the time preliminary stages. If this disease will continue to increase definitely the prices of Bitcoin will decrease even further.

we all hope this virus attack will end soon. when the situation has improved, I think the growth of the crypto market will also occur even though it is in a stage and process that takes time

That's what we are all hoping for, this virus will end sooner if people will only follow their leaders to abide their orders.

And for the situation we have in the market, it will last for months. I don't think that it will recover as soon as this pandemic will end. The market will take its time to recover, we all know it.

Malam90

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Quote from: Jannyh on March 18, 2020, 06:46:08 AM

The Corona drop isn't over,it can only be over when a cure is found out, presently so many people are dumping because if panic,that has also brought crypto down too,the Corona drop did not only affect crypto but also affected the stock market and even the oil sector,but people who have money should use this opportunity to get their best coin now while it is at the bottom.

Right, Corona effect is not over rather it is now spreading heavily all over the world. People are dumping for getting few money in hand in this bad time whether loss or profit isn't factor. I have no money in hand right now because i have invested before. By the way i am fond of gathering BTC or ETH right now for the upcoming pump.

bgaf

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Quote from: SistaFista on March 18, 2020, 02:32:39 AM

Well yes, i think the corona disease will be over someday.
Do you remember the other corona viruses like MERS and other ? They has gone.
We don't know if corona is the virus made for manipulating the market or something like that, but it could be.

It will be gone but the timeframe isnt gonna last for just days, months, it could also last for even year or worse years. This isnt not kind of some virus that gone for few months, World Health Organization declared it as pandemic means, its really a serious one, I assume it would be for a long time period. So expect the market to continue decline or have some rally on its price. I am just watching which one to do, baser on trading charts. Clearly the market has a random movement and staying on 5k level for quite sometime. Just hoping it could be stable with this even though the news are continously growing.

bison

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Quote from: miningguru on March 18, 2020, 09:11:02 AM

Quote from: sangjoewara on March 18, 2020, 03:55:18 AM

Quote from: emerejames on March 18, 2020, 03:35:44 AM

The case of corona virus is not different from other diseases that has been curbed by medical doctors.
While I was reading through other diseases control, I discover that malaria, typhoid, aid etc where killing people until the vaccine and medicine was discover, so very soon corona virus will be curb too

Yes, that's right, Corona virus is a new disease discovered by doctors this year, and obviously doctors will also look for a cure for corona virus, so slowly all conditions will improve as before, just need patience in dealing with all this.

They will cure the diseases easily, but meanwhile, it will create a lot of disaster throughout the worldwide, this virus will spread even more accurately because some people were hiding their diseases during at the time preliminary stages. If this disease will continue to increase definitely the prices of Bitcoin will decrease even further.

we all hope this virus attack will end soon. when the situation has improved, I think the growth of the crypto market will also occur even though it is in a stage and process that takes time

miningguru

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Quote from: sangjoewara on March 18, 2020, 03:55:18 AM

Quote from: emerejames on March 18, 2020, 03:35:44 AM

The case of corona virus is not different from other diseases that has been curbed by medical doctors.
While I was reading through other diseases control, I discover that malaria, typhoid, aid etc where killing people until the vaccine and medicine was discover, so very soon corona virus will be curb too

Yes, that's right, Corona virus is a new disease discovered by doctors this year, and obviously doctors will also look for a cure for corona virus, so slowly all conditions will improve as before, just need patience in dealing with all this.

They will cure the diseases easily, but meanwhile, it will create a lot of disaster throughout the worldwide, this virus will spread even more accurately because some people were hiding their diseases during at the time preliminary stages. If this disease will continue to increase definitely the prices of Bitcoin will decrease even further.

shinratensei_

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Quote from: sangjoewara on March 18, 2020, 03:55:18 AM

Quote from: emerejames on March 18, 2020, 03:35:44 AM

The case of corona virus is not different from other diseases that has been curbed by medical doctors.
While I was reading through other diseases control, I discover that malaria, typhoid, aid etc where killing people until the vaccine and medicine was discover, so very soon corona virus will be curb too

Yes, that's right, Corona virus is a new disease discovered by doctors this year, and obviously doctors will also look for a cure for corona virus, so slowly all conditions will improve as before, just need patience in dealing with all this.

The normal doctor will not able to do that as the virus needs a vaccine to help the immune to be able to counter the infection that will be caused by this virus. If the vaccine will not be found as soon as possible and the bad trend will always continue. I have seen even wallstreet was facing the worst economic condition.
The world is still int he crisis and as long as crypto can be a solution for this and crypto can survive. Most people are looking for a noncash payment system

aemma

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Yes I tend to believe it is the virus that is the cause of these downtrend in the market this few days, and just like you accurately pointed out, both stock market is feeling the hit. Also with the current situation on ground I may still believe the drop or dump is not yet over. Many countries are imposing more restrictions and regulations so as to limit the spread of the virus and with no cure at hand, that fear, panic and anxiety will still exist thus will make more people to dump their assets for fiat. Therefore, just like fear, panic etc is making people to dump for fiat, in the same way the presence of a cure will restore hope thus bringing about a turnaround in all markets as well as activities in the world.

Jannyh

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The Corona drop isn't over,it can only be over when a cure is found out, presently so many people are dumping because if panic,that has also brought crypto down too,the Corona drop did not only affect crypto but also affected the stock market and even the oil sector,but people who have money should use this opportunity to get their best coin now while it is at the bottom.

sangjoewara

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Quote from: emerejames on March 18, 2020, 03:35:44 AM

The case of corona virus is not different from other diseases that has been curbed by medical doctors.
While I was reading through other diseases control, I discover that malaria, typhoid, aid etc where killing people until the vaccine and medicine was discover, so very soon corona virus will be curb too

Yes, that's right, Corona virus is a new disease discovered by doctors this year, and obviously doctors will also look for a cure for corona virus, so slowly all conditions will improve as before, just need patience in dealing with all this.

ampere

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Quote from: VDraci on March 12, 2020, 04:39:51 AM

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?

I think its normal for the media to do that to the crypto space.
There are big whales who are waiting to buy the dips and buy low, and that they share fudding post, topics from time to time to cause panic

And also, the world market crashed, so it was an expected crash in price, unless you do not follow up your investment

emerejames

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The case of corona virus is not different from other diseases that has been curbed by medical doctors.
While I was reading through other diseases control, I discover that malaria, typhoid, aid etc where killing people until the vaccine and medicine was discover, so very soon corona virus will be curb too

Questat

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Quote from: Free1bitco.in on March 18, 2020, 02:50:51 AM

Quote from: ScamViruS on March 17, 2020, 01:39:22 PM

It's hard to say for sure now. You probably know how panic the market is now. Everyone around the world is worried about Corona. Corona has spread in many countries in a very bad way. They are now taking various steps to get rid of it. When panic has affected the world and all markets. Likewise, the crypto market has a huge affected by Corona.

so far, the problem of medicine is still difficult to know whether or not it has really been found. I heard some news that China managed to defeat this virus, but that is also still uncertain. Well, it's hard to decide whether this decline is over or not, but so far I haven't seen any recovery.

The only way for people not to be panic if there is already a vaccine for the virus, if that is true that China manage to defeat the virus, then there is no reason for us to panic anymore, however, if without confirmation from difference countries who are also affected, I think it could not be true.

Free1bitco.in

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Quote from: ScamViruS on March 17, 2020, 01:39:22 PM

It's hard to say for sure now. You probably know how panic the market is now. Everyone around the world is worried about Corona. Corona has spread in many countries in a very bad way. They are now taking various steps to get rid of it. When panic has affected the world and all markets. Likewise, the crypto market has a huge affected by Corona.

so far, the problem of medicine is still difficult to know whether or not it has really been found. I heard some news that China managed to defeat this virus, but that is also still uncertain. Well, it's hard to decide whether this decline is over or not, but so far I haven't seen any recovery.

bassbity

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Quote from: ScamViruS on March 17, 2020, 01:39:22 PM

It's hard to say for sure now. You probably know how panic the market is now. Everyone around the world is worried about Corona. Corona has spread in many countries in a very bad way. They are now taking various steps to get rid of it. When panic has affected the world and all markets. Likewise, the crypto market has a huge affected by Corona.

So the crypto market or other markets will continue to have an even worse influence if corona continues to exist in this world, people still continue to anticipate this virus now as if they have nothing to do because this virus is therefore somehow this virus must be eradicated from the face this earth because I want to be normal as I used to do outside activities or in the crypto trade I know this is hard to say because the machine to heal hasn't been found so scientists are still trying to find it.

Topic: Is the Corona drop over or will it continue? - page 5. (Read 1170 times)