New COVID strain may affect crypto valuation

John999

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Quote from: Mahanton on April 02, 2022, 03:26:21 PM

Quote from: John999 on April 02, 2022, 03:13:21 PM

I considered previously that the Covid pandemic was ending but the total complacency towards it lately gives me serious doubts Undecided

Wont really be surprised if there would be some new variant that would pop out on upcoming weeks or months or years which is something that would really make things going back to zero or that casual strict health
protocols but hopefully it wont really be that be happening in upcoming days or months to come which we do all hope for everything to go back into normal or on the way we do live before without having
some facemask and face shield. Speaking of Covid which does made out some effect on overall crypto market then i dont see for it to be that really affecting because the price didnt drop that
hard even with the current crisis.It did just move sideways or even made out some good increase.

If a new vaccines resistant variant doesn't replace Omicron in the next few months it's all good. Otherwise a much much darker scenario could be at play. Hope for the best plan for the worst as always.

John999

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I considered previously that the Covid pandemic was ending but the total complacency towards it lately gives me serious doubts Undecided

STT

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The further a virus strain mutants the less deadly it becomes apparently which is why omincrom is still serious for those long retired and elderly but it should affect the working economy less. Obviously be careful with vulnerable people still but the overall threat is declining far more to the general population which is bullish overall. We have always got the flu every year but most years its not killed off healthy middle aged people, that was the main difference this time around.

OgNasty

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Quote from: paxmao on November 26, 2021, 12:32:58 PM

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

Worth mentioning that this "new strain" turned out to be so mild that most people didn't even know they caught it, while also providing them with an immune response that is more effective than the vaccines... So much fear was being dumped on the public that people were really feeling like this was going to be the end of civilization. Absolutely insane. I get that not all things are going to be naturally irradicated, but this pandemic was so clearly a scam to get trillions of dollars playing on people's fear of the flu that I can't believe there are still people out there wearing masks and pretending like they're helping society in some way. In reality, now that Omicron has proven to be a mild flu and provide better immunization than the vaccines, one could make the argument that it's those who are getting vaccinated and wearing masks that are causing this pain to be drawn out for our civilization.

Mahanton

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Quote from: John999 on April 02, 2022, 03:13:21 PM

I considered previously that the Covid pandemic was ending but the total complacency towards it lately gives me serious doubts Undecided

Wont really be surprised if there would be some new variant that would pop out on upcoming weeks or months or years which is something that would really make things going back to zero or that casual strict health
protocols but hopefully it wont really be that be happening in upcoming days or months to come which we do all hope for everything to go back into normal or on the way we do live before without having
some facemask and face shield. Speaking of Covid which does made out some effect on overall crypto market then i dont see for it to be that really affecting because the price didnt drop that
hard even with the current crisis.It did just move sideways or even made out some good increase.

Gudhal Untu

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The fact that when covid causes many types of investments to die, cryptocurrencies can shine, the very open concept of decentralization makes many investors not hesitate to shift their money to cryptocurrencies and the presence of a new variant of covid in my opinion will make crypto performance even better.

xSkylarx

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Quote from: Rasa nanas on December 12, 2021, 09:47:35 AM

Quote from: ?? on ??

Long after the Covid pandemic is over (btw it's already over in numerous countries around the world but not all of them) most people will still remain pessimistic about the next potentially devastating new strain. It's how it works, the majority is always most fearful at the bottom Undecided

most countries have not been completely free from this pandemic, even many countries that have declared themselves free from the pandemic have recently been hit by a pandemic again. in my country the spread of the covid-19 virus has begun to be controlled but the government in my country continues to enforce strict rules to anticipate waves of stages 3 and 4.

Agree but the world is getting normalize until this new variant of virus came. People now are very cautius and do practice Social Ending on which the virus still exist but we are not scared of it anymore but they are doing social distancing wearing face mask and face shield. The problem really right now is the new variant that those country that their cases drop down for months but when the new variant came it rises. Hoping that the vaccine could work on that new virus

Rasa nanas

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Quote from: ?? on ??

Long after the Covid pandemic is over (btw it's already over in numerous countries around the world but not all of them) most people will still remain pessimistic about the next potentially devastating new strain. It's how it works, the majority is always most fearful at the bottom Undecided

most countries have not been completely free from this pandemic, even many countries that have declared themselves free from the pandemic have recently been hit by a pandemic again. in my country the spread of the covid-19 virus has begun to be controlled but the government in my country continues to enforce strict rules to anticipate waves of stages 3 and 4.

breathlessz

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Quote from: jrrsparkles on December 11, 2021, 12:55:35 AM

Quote from: ?? on ??

Long after the Covid pandemic is over (btw it's already over in numerous countries around the world but not all of them) most people will still remain pessimistic about the next potentially devastating new strain. It's how it works, the majority is always most fearful at the bottom Undecided

The new variant omicron is becoming a threatful or atleast that is what media claims and another worldwide lockdown is possible if this becomes real and already government like Germany,US, etc started to restrict the unvaccinated people from public events which has no logic but still they feel it will slow down the spread which is stupid but affecting the financial sector again.

Europe is currently the largest deployment for the new variant. even many international events cannot run smoothly due to virus reasons. indirectly this proves of course the economy will be disrupted even though it may not be significant. but we must be able to keep up with the times so that we can survive to face all of this

Sithara007

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Quote from: jrrsparkles on December 11, 2021, 12:55:35 AM

The new variant omicron is becoming a threatful or atleast that is what media claims and another worldwide lockdown is possible if this becomes real and already government like Germany,US, etc started to restrict the unvaccinated people from public events which has no logic but still they feel it will slow down the spread which is stupid but affecting the financial sector again.

As it has happened over the last two years, information on Omicron is scarce and unreliable. Once again, the WHO is claiming that the strain is more dangerous when compared to the original strain. But I don't trust them. Even if that is the case, there is no doubt that it is spreading at 100x the rate when compared to the original strain. Look at the numbers from South Africa. The number of cases have exploded in less than two weeks. From a daily average of 2,000-3,000 cases, now they are reporting more than 20,000 per day.

jrrsparkles

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Quote from: ?? on ??

Long after the Covid pandemic is over (btw it's already over in numerous countries around the world but not all of them) most people will still remain pessimistic about the next potentially devastating new strain. It's how it works, the majority is always most fearful at the bottom Undecided

The new variant omicron is becoming a threatful or atleast that is what media claims and another worldwide lockdown is possible if this becomes real and already government like Germany,US, etc started to restrict the unvaccinated people from public events which has no logic but still they feel it will slow down the spread which is stupid but affecting the financial sector again.

Oasisman

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Rollbit

Quote from: savetheFORUM on December 10, 2021, 03:10:25 AM

Quote from: Snappycoco on December 09, 2021, 11:13:01 AM

~snip~.

Covid-19 is no longer something that would come up on the news and you’d see the whole market tumbling. Things have changed now, and the world no longer fears covid-19 like they did the first time it came out and shattered everything by putting a stop to every activity in the world. Things have changed this time around, and even with the talk about a new strain of covid-19 no longer scares anybody.

If there is anything at all that would be leading the market down, covid-19 is the least thing I would say it is. Never forget that before now there have already been predictions that the market would face correction after the bull run. We should be happy that the high price lasted this long.

No, it's definitely not the new strain of Covid that's making a negative impact to the crypto market and brought down the price.
It has been proven before, right in the middle of the global spread of Covid, Bitcoin doesn't seem to be affected by that time. Instead it has gained significant value after the people learned about Bitcoin isn't directly affected by such health emergency.

Crypto market is just down and crashes from tine to time, and then it recovers. This has been a normal price cycle since.

Alert31

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I think this new covid variant will not affect to much in crypto and even in our economy. Here in our country everything is going back to normal after a long time of sufferring from the start of pandemic. And we are looking forward for a happy christmas and prosperous new year. People now is no longer afraid in covid and they are already aware about the possible effect of it. But Despite of continues slow down of covid positive we still need to apply the standard health protocol to insure our health and safely from any virus. Also in crypto no matter what will happen we should hold our tokens and don't panic in times of negative news because at the end of those news if ever marlet will down, for sure it will bounce back.

Kelvinid

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Quote from: kapalmabur on December 10, 2021, 06:13:19 AM

Quote from: Snappycoco on December 09, 2021, 11:13:01 AM

Quote from: macson on December 06, 2021, 12:51:04 PM

Quote from: paxmao on November 26, 2021, 12:32:58 PM

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time. bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.

I don't think that it'll be down that much. I think we already surpass the worst and now is the time for recovery. We've been always cautious about our surroundings and I guess covid is not having a great affect again unlike when it was firstly introduced. We now know what the minimum health protocols are which could lead to our freedom from this unseen creature.

In addition, Covid 19 is not as much as at that time and this is a hope for the future,
but indeed we must remain careful and continue to apply health protocols because that is an important thing,
recovery takes time and hope it will be quick

Keeping healthy is only the way to survive this covid-19 crisis and as this new variant comes, the more we have to be careful of everything. As to figure before the day that pandemic started, the market turns it down but it recover back and it keeps growing. I'm not sure how this new variant affects the economy globally but I just think that it only gives less effect to the crypto market. So, I don't have to worry much, not this time as I've trust the system.

kapalmabur

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Quote from: Snappycoco on December 09, 2021, 11:13:01 AM

Quote from: macson on December 06, 2021, 12:51:04 PM

Quote from: paxmao on November 26, 2021, 12:32:58 PM

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time. bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.

I don't think that it'll be down that much. I think we already surpass the worst and now is the time for recovery. We've been always cautious about our surroundings and I guess covid is not having a great affect again unlike when it was firstly introduced. We now know what the minimum health protocols are which could lead to our freedom from this unseen creature.

In addition, Covid 19 is not as much as at that time and this is a hope for the future,
but indeed we must remain careful and continue to apply health protocols because that is an important thing,
recovery takes time and hope it will be quick

savetheFORUM

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Quote from: Snappycoco on December 09, 2021, 11:13:01 AM

I don't think that it'll be down that much. I think we already surpass the worst and now is the time for recovery. We've been always cautious about our surroundings and I guess covid is not having a great affect again unlike when it was firstly introduced. We now know what the minimum health protocols are which could lead to our freedom from this unseen creature.

Covid-19 is no longer something that would come up on the news and you’d see the whole market tumbling. Things have changed now, and the world no longer fears covid-19 like they did the first time it came out and shattered everything by putting a stop to every activity in the world. Things have changed this time around, and even with the talk about a new strain of covid-19 no longer scares anybody.

If there is anything at all that would be leading the market down, covid-19 is the least thing I would say it is. Never forget that before now there have already been predictions that the market would face correction after the bull run. We should be happy that the high price lasted this long.

Snappycoco

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Quote from: macson on December 06, 2021, 12:51:04 PM

Quote from: paxmao on November 26, 2021, 12:32:58 PM

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time. bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.

I don't think that it'll be down that much. I think we already surpass the worst and now is the time for recovery. We've been always cautious about our surroundings and I guess covid is not having a great affect again unlike when it was firstly introduced. We now know what the minimum health protocols are which could lead to our freedom from this unseen creature.

horrifiedx1

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Quote from: macson on December 06, 2021, 12:51:04 PM

Quote from: paxmao on November 26, 2021, 12:32:58 PM

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time. bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.

I think all markets will be like that, whether forex or stocks, of course there will be new peaks and valleys. and when it comes to cryptocurrencies, news plays a huge role in these fluctuations. fud and fomo seem to be friends in the crypto movement, and it seems like this news was deliberately created by the whales

Rufsilf

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Quote from: macson on December 06, 2021, 12:51:04 PM

Quote from: paxmao on November 26, 2021, 12:32:58 PM

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time. bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.

Same here mate, I've been there at your situation. The best advices about crypto investments are found in this forum, I also learned a lot by these guys right here about what to do, when to invest and what crypto are likely to have a competitive returns when I have no knowledge about these stuffs at all. We should always remember that investing comes with risks, that's why planning is very fundamental in-order not to trip in the future.
Whatever issues around the world, as long as it's a negative. For sure bitcoin and altcoins are always vulnerable, but as usual, it will recover and will have a much more brighter future. Hopefully this new strain of Covid referred as omnicron won't do much just like the year 2020.

globalpain

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Quote from: xSkylarx on December 06, 2021, 09:56:07 PM

Quote from: macson on December 06, 2021, 12:51:04 PM

Quote from: paxmao on November 26, 2021, 12:32:58 PM

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time. bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.

Nothing is permanent, but the best advice in this situation is to take advantage of the bitcoin opportunity that has been presented to you, invest until it is exhausted, and earn money while you still have the opportunity. Because we cannot predict the future, we must earn money from bitcoin while it is still in existence. I would also add that all of the coins, stocks, and foreign exchange rates are currently in the red, with a number of countries once again suspending the opening of their tourism markets.

Apart from investing in Bitcoin I think we also need to invest our money in some of the top altcoins,
and much safer for sure than buying meme coins although it can be said that the market is currently down,
it's just a matter of time sooner or later everything will return to the green zone

Topic: New COVID strain may affect crypto valuation (Read 678 times)