More Damages to Crypto Market - page 2.

Diamond_Darrell

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Quote from: joseyphil82 on March 12, 2020, 02:19:08 AM

If this Coronavirus of a thing continues like this then do not expect anything good from Bitcoin halving in May or after May because it seems Bitcoin will keep going down from now on, damn no one saw this coming either way, I never expected a new virus to change the fate of Bitcoin and crypto market this year, the very year I've been waiting for, so sad Undecided

Yeah, the terrible coronavirus pushes prices first up, then down, then up again))) Does simple flu or tuberculosis not move prices up and down)? Every year, the whole world is affected by epidemics of acute respiratory infections (people die as well) And the press is silent and no one panic, and now everything is as if on command about the same thing.

timmmers

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Calm down, everyone now waiting what will be the next, but spreading a FUD is not a way how we solve it right? Currently Bitcoin is above strong resistance line and now everythings look good, also stock market is stabilized due to FED interventions, but the question is if this is a permanent solution or not. Roll Eyes

TrevorS

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Quote from: soramon on March 16, 2020, 02:37:20 PM

Well this coronoa virus really make every market goes down. But, look with other perspective the price of BTC or any altcoin is cheaper than before. I think its make an oppurtunity to people for starting invest on it. Im sure the price will rise again as soon as possible.

Looking at the bitcoin charts, we can conclude that such investment opportunities fall at least once a year. I find it very funny.
After all, no other currency or financial asset in the world provides such opportunities. But someone manages to lose money during such global movements, and moreover.

Sendi blackspade team

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Quote from: Moeda on March 17, 2020, 12:11:23 PM

Quote from: joseyphil82 on March 12, 2020, 02:19:08 AM

If this Coronavirus of a thing continues like this then do not expect anything good from Bitcoin halving in May or after May because it seems Bitcoin will keep going down from now on, damn no one saw this coming either way, I never expected a new virus to change the fate of Bitcoin and crypto market this year, the very year I've been waiting for, so sad Undecided

But I think upside down. Corona Virus is a solution for bitcoin. There are no easier transactions for us than using Bitcoin and other cryptocurrency. Fiat money is now meaningless. Everyone is at home. What about their transaction? the answer is Bitcoin.

But this is only the beginning to switch transactions from Fiat to Crypto.
Enjoy, and take care of your health.

not many cryptos can be used for payment transactions. except on the use of their platforms. indeed the use of crypto can be a solution but what about the adoption of the use of crypto as a transaction tool itself? not many people use and understand the concept.

Moeda

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Quote from: joseyphil82 on March 12, 2020, 02:19:08 AM

If this Coronavirus of a thing continues like this then do not expect anything good from Bitcoin halving in May or after May because it seems Bitcoin will keep going down from now on, damn no one saw this coming either way, I never expected a new virus to change the fate of Bitcoin and crypto market this year, the very year I've been waiting for, so sad Undecided

But I think upside down. Corona Virus is a solution for bitcoin. There are no easier transactions for us than using Bitcoin and other cryptocurrency. Fiat money is now meaningless. Everyone is at home. What about their transaction? the answer is Bitcoin.

But this is only the beginning to switch transactions from Fiat to Crypto.
Enjoy, and take care of your health.

Denreal

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Quote from: joseyphil82 on March 12, 2020, 02:19:08 AM

If this Coronavirus of a thing continues like this then do not expect anything good from Bitcoin halving in May or after May because it seems Bitcoin will keep going down from now on, damn no one saw this coming either way, I never expected a new virus to change the fate of Bitcoin and crypto market this year, the very year I've been waiting for, so sad Undecided

So many people believed in this year, however, whatever might have happened to the world economy through coronaVirus and which has affected crypto, is not enough to lose hope.
I already see a glimpse of that in your statement. Many people are also thinking this way, but for those who see it from a different perspective, we will soon hear from them. They might not come out to speak now, because they do not want others to join their league yet.

AicecreaME

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Quote from: Akiko on March 12, 2020, 03:00:27 AM

Quote from: joseyphil82 on March 12, 2020, 02:19:08 AM

If this Coronavirus of a thing continues like this then do not expect anything good from Bitcoin halving in May or after May because it seems Bitcoin will keep going down from now on, damn no one saw this coming either way, I never expected a new virus to change the fate of Bitcoin and crypto market this year, the very year I've been waiting for, so sad Undecided

we still have 2 months before halving, and the way its expected . There is no reason to be affraid since there is no confirmation that its always increase it price everytime that there are halving its just speculation. The bull market may start before the end of this year and will only start when halving started.

I agree. We don't have to participate in the crowd that is panicking about the current issue we are in right now, that won't solve anything but will just cause more chaos. A calm mind is what we needed, trust our leaders and support them by giving them ideas that could help the community to beat the Virus as soon as possible. And regarding about the price of bitcoin because of halving, it will still happen, no matter what, because I know we could surpass everything if we are going to help each other by lending each other's hand.

betty11

copper member

Activity: 448

Merit: 3

This epidemic virus has altered all combination and permutation. I am now trading with one eye open, you buy low, bitcoin dumps and alters your plan, it tries to move up, there is another huge liquidation, I just hope the clinic test of the vaccine on humans begin soon and be successful.

soramon

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Well this coronoa virus really make every market goes down. But, look with other perspective the price of BTC or any altcoin is cheaper than before. I think its make an oppurtunity to people for starting invest on it. Im sure the price will rise again as soon as possible.

tbterryboy

sr. member

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That real trading between countries are the one that causes for bitcoin to drop as well. Not just that of course but when a whole worlds finances start to rot, where do you think the money comes from? I mean you saw what happened to stock market, why did that happened to stock market? Just because companies wouldn't be making same amount of profit this year so the stock price went down? In order for the stock prices to go down you need to have sellers.

Bitcoin had a lot of people who got affected in their life so they had to sell and get that money back so they could continue their life decently, at least not bankrupt. You can't expect people who are in financial trouble to keep their money in crypto forever, eventually they will end up selling their coins to pay off debt and bills.

samcrypto

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Quote from: jacafbiz on March 15, 2020, 10:47:32 AM

It is very easy to blame CoronaVirus for the current Bitcoin price tumble, but what most people forgot is that the price of halving has already been priced into the price. People need to stop seeing Bitcoin has a way to get rich quick, it is not, it is an investment and an investors do not invest today and expect his money to double tomorrow

Thinking for an easy money is an old tradition with bitcoin, we are on the reality of life now and we are seeing bitcoin struggling to become a better currency. The virus has affected the market that much and whales are taking advantage of that, we should not panic at all and always buy at the bottom price. Bitcoin can still recover this year, the halving will come big for us.

crustycrab666

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Quote from: BuNga_cute on March 15, 2020, 04:21:56 PM

I am also very disappointed and sad to see that market conditions are getting worse due to the effects of the corona virus. But we must not be
pessimistic and surrender to this situation. Because every problem always has a solution, I also see this as a golden opportunity to be able to
buy a few coins at cheap prices. Hopefully in the next few weeks the entire world can overcome the spread this corona virus. If the corona virus
can be overcome I'm sure the price of cryptocurrency will get better.

You are right, even though this situation is difficult but there is still a chance to get profit. Because bitcoin and almost all altcoins are down, this gives us a good opportunity to collect some as a long-term investment, although difficult, halving this year's moment will still be a surprise.
No one wants this to happen, the COVID 19 virus makes many aspects of life decline, but don't give up because this will soon be over. Pray for the good of all, stay safe.

BuNga_cute

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I am also very disappointed and sad to see that market conditions are getting worse due to the effects of the corona virus. But we must not be
pessimistic and surrender to this situation. Because every problem always has a solution, I also see this as a golden opportunity to be able to
buy a few coins at cheap prices. Hopefully in the next few weeks the entire world can overcome the spread this corona virus. If the corona virus
can be overcome I'm sure the price of cryptocurrency will get better.

ampere

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Quote from: joseyphil82 on March 12, 2020, 02:19:08 AM

If this Coronavirus of a thing continues like this then do not expect anything good from Bitcoin halving in May or after May because it seems Bitcoin will keep going down from now on, damn no one saw this coming either way, I never expected a new virus to change the fate of Bitcoin and crypto market this year, the very year I've been waiting for, so sad Undecided

It has been rumored that the bitcoin halving has always brought about a huge soar in price and definite positivity.
So i think we can expect more this year, if the world economics can recover during this pandemic then bitcoin certainly do so and we can be positive about events and not panic.

xiboothrezi

sr. member

Activity: 1246

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Instead, I see this a good opportunity that will make a high bounce. This market is not conducive, giving a big "discount" almost all cryptocurrency, this is a good opportunity to get BTC at low prices, the risk is high, but if there are other fundamental factors that support the halving moment will give a good movement.
Well, the COVID 19 pandemic is indeed worrying, many people are infected. Back in principle, the more people get infected, it will provide an opportunity for natural antivirus formation, people who contract the virus but can survive and recover will not be infected again, meaning that antivirus has emerged, this is good. So keep doing the best possible precautions, keep a clean and healthy lifestyle, avoid crowds, lockdown. Hopefully, this will end soon and the economy and all fields will return conducive.

superherongtaon

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Surely this will continue to affect the market especially that lots of people are selling their assets in order to buy something for their family. That's why this will keep going down and down and we cannot do anything about it till something good happens.

Ashong Salonga

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Quote from: joseyphil82 on March 12, 2020, 02:19:08 AM

If this Coronavirus of a thing continues like this then do not expect anything good from Bitcoin halving in May or after May because it seems Bitcoin will keep going down from now on, damn no one saw this coming either way, I never expected a new virus to change the fate of Bitcoin and crypto market this year, the very year I've been waiting for, so sad Undecided

We all do really not see this coming because we have started the year with a really great start specially for the part of the cryptocurrency community. It is just that there are really instances that we cannot predict what can happen between the days and months which can entirely affect the whole cryptocurrency industry. It is just that the threat of the Novel Coronavirus 2019 have spotted a great impact even with the virtual world making the whole market down as of the moment. This is the lowest price of Bitcoin that I have seen since the market have experienced a bearish one way back 2018. It is practically serious manner right now that the pandemic virus is causing a big impact to the whole cryptocurrency community. As of the moment, what we can do is just to hope and pray that the cure will be created immediately to treat this worldwide infection and after that let us all hope that a big bounce back will happen right after all have been settled specially for the upcoming halving this May. May we all hope for a better health for the whole world as we seek for the cure and eventually a good thing to happen for the part of the cryptocurrency community.

Sanugarid

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Quote from: doctor877 on March 15, 2020, 11:29:43 AM

Every sector is affected by Corona virus so its not only Bitcoin or cryotocurrency. It's high time crypto traders get to learn that the world events also affects cryotocurrency whether good or bad. That's exactly what is happening currently. We how everything gets cleared so things can return to normal.

If the corona outbreak continues and spread even more, we will surely get nothing from the halving that is soon to occur. We all didn't see this coming since there are a lot of unfortunate events occuring already when this year started yet another massive tragedy takes place once again. We should help each other out so that the pandemic event ends soon and everything could get back to normal.

Quote from: jacafbiz on March 15, 2020, 10:47:32 AM

It is very easy to blame CoronaVirus for the current Bitcoin price tumble, but what most people forgot is that the price of halving has already been priced into the price. People need to stop seeing Bitcoin has a way to get rich quick, it is not, it is an investment and an investors do not invest today and expect his money to double tomorrow

That mindset is very poor and what you're trying to say is quite confusing. The halving has not yet occured yet and most of the investors are not waiting for it so they may get rich the soonest, they're waiting so that their investment could have some improvement.

doctor877

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Every sector is affected by Corona virus so its not only Bitcoin or cryotocurrency. It's high time crypto traders get to learn that the world events also affects cryotocurrency whether good or bad. That's exactly what is happening currently. We how everything gets cleared so things can return to normal.

yanto@1977

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Quote from: joseyphil82 on March 12, 2020, 02:19:08 AM

I never expected a new virus to change the fate of Bitcoin and crypto market this year, the very year I've been waiting for, so sad Undecided

No one know the future and we should prepare for the worst. Corona came when bitcoin on the top, like or not many people lost their fund because of this. I also see many people change their plan and some of them borrow fund for buy back. I think the solution is cut loss and start again after halving, meanwhile try to join bounty program and airdrop for wasting time.

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