In my opinion there is the next wave of corona virus, but it will not have an impact on the price of bitcoin. Because people are used to it
coexist with the corona virus, so the next wave will not make people panic. Now I see the news, almost all of it countries can adapt to
the corona virus. If we pay attention to the movements of bitcoin these past few weeks the price of bitcoin tends to continue to rise,
bitcoin prices are now at $ 9800. Hopefully it can reach the price of $ 10k in the near future.
Topic: New Covid wave vs Bitcoin - page 4. (Read 1228 times)
I don't think we should think about his next wave.
Some medical experts say that the next wave are not the same as the first one. It is weaker but still, they are advising the people to still take this seriously since it is still a risk for people to actually get the virus. Also, I don't think it would affect the price of Bitcoin or Bitcoin itself by this new wave. I don't think that even in the past dump, the pandemic is the main reason.
Some medical experts say that the next wave are not the same as the first one. It is weaker but still, they are advising the people to still take this seriously since it is still a risk for people to actually get the virus. Also, I don't think it would affect the price of Bitcoin or Bitcoin itself by this new wave. I don't think that even in the past dump, the pandemic is the main reason.
So it would seem there is another Coronavirus wave on the way, at least in some countries.
Last time the pandemic struck, we saw Bitcoin price plunging hard.
Will the same thing happen again, can we expect the new lows?
What are your thoughts?
Last time the pandemic struck, we saw Bitcoin price plunging hard.
Will the same thing happen again, can we expect the new lows?
What are your thoughts?
Plunging hard? It didnt really that connect to covid situation and as mentioned by others above, this do only matter with peoples emotion towards the situation thats why the price
gone down but doesnt mean that its the main factor because we know that there are several factors that do affect market movements which we dont see it obviously.
Another wave? Probably because in the case in the country where i do live, they do lift out that quarantine and now the situation becomes even more worst.
I dont really seeing that much for covid pandemic to be the main issue that would affect much crypto space but if we do presume if we do experience economic
recession or problems then people will mostly cash out their investments including that they had invested on crypto market.
The Corona virus is now part of our lives and also part of our economy. People have already adjusted to the changes that are needed to operate in a world with a virus threatening their employees and their families.
The main situation here is that, you cannot lock the economy for three months and if you still cannot do anything about the virus then you are forced to live with it as you cannot do anything about it and the politicians will be forced to comply and accept their mistakes for closing the entire industry for a extended period.The quarantine restrictions and the global banning of whole industries have given the global economy a kick in the butt... now the Health care industry had a opportunity to gear up for a new breakout of the virus, so there are no need for more restrictions that would close businesses for long periods.
Let's hope everything is prepared and that less people will die in the next coming months.
We can only hope that less people will die in the coming months and since the entire economic is opening you are bound to see more patients and hopefully the next wave would not be that bad. Let's hope everything is prepared and that less people will die in the next coming months.
So it would seem there is another Coronavirus wave on the way, at least in some countries.
Last time the pandemic struck, we saw Bitcoin price plunging hard.
Will the same thing happen again, can we expect the new lows?
What are your thoughts?
Last time the pandemic struck, we saw Bitcoin price plunging hard.
Will the same thing happen again, can we expect the new lows?
What are your thoughts?
To expect another bearish trend always has chances but I will not directly lead it to the pandemic virus as a reason.
And unlike before that every country is not ready for the pandemic, expect that this time, they can now manage to handle it and their experience during the hard days will be their foundation.
I'm not totally worried about bitcoin. I'm more worried about the virus second wave and hopefully not that worst compare to first. We don't want to back again in that scenario.
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When the coronavirus first time hits, in a sudden the price of BTC went down a lot. because there was a sudden epidemic, none of us were ready, the cities were locked down and Many people become unemployed unexpectedly. so that, most of the people fall into financial crisis. they attempt to liquid their crypto and sold their bitcoins to solve their financial crisis, many hodler sold BTC together that's why the price of BTC suddenly has been fallen. but now the situation is totally different. the lockdown has been lifted. People are starting to get their jobs back and government in almost all countries are trying to keep their economics afloat by complying with health regulations. so now we will not suffer too much harmed even if coronavirus hit us again. so, I don't think there is any possibility of the price of BTC going down too much again.
As far as I know, it wasn't the virus itself that caused the drop in price(obviously), but the heavy fear that a lot of people had of the virus.
Basically, it is the pandemic that made the price drops, it reflects to people then to the market. It is the fear yes, but it can't always be the fear of the people. The way I see it, the fear has died down significantly already even though the virus is still a heavy threat, and a lot of people have been fearlessly going out(take a look at the recent riots) already. Without masks and stuff.
It seems like bitcoin is performing well these days, it's like a pretty normal day for the whole cryptocurrency including the alternative coins coz I see they are thriving and growing. And it looks like people now are realizing how much of a convenient when using a digital payments, especially crypto for more security. But who knows, really. The virus could've been 100% eliminated tomorrow and the price could still potentially fall for some reason.
I believe that the effects of this virus is only in the beginning, since that is where the people are afraid of, I don't see a raise in doubts when we slowly eradicate this virus. 
So it would seem there is another Coronavirus wave on the way, at least in some countries.
Last time the pandemic struck, we saw Bitcoin price plunging hard.
Will the same thing happen again, can we expect the new lows?
What are your thoughts?
Last time the pandemic struck, we saw Bitcoin price plunging hard.
Will the same thing happen again, can we expect the new lows?
What are your thoughts?
This really seems like conjecture at this point. I've not seen any sound scientific proof this is going to happen. If it does happen, imo, believe we would see bitcoin fall some. I think it would be part of a chain reaction as would surely see the stock markets crash and then as it seems to be the tide that brings all boats down, we see other things pull back such as bitcoin.
Will the same thing happen again, can we expect the new lows?
No, I think not because many country is more aware than on last 2-3 months ago. The price is have major dump because of heavy fear ( crash on economy, negative oil price, stock crash etc) and make many investors do panic sell. Probably covid-19 will spread more and affecting more people... but It doesn't happen on Bitcoin. More over, holders will always hold since they're expecting bullish due to halving. Bitcoin will always continued volatility without affect from covid-19. well lemme tell you guys some interesting facts : The reason why we don't have any treatment plan for HIV is because the virus mutates at a very fast rate and therefore it's hard to pinpoint the treatment.
Now according to the scientists , the Corona virus is mutating too . The data is changing and now patients are taking longer to show symptoms. The incubation period is increasing.
This is not confirmed ofcourse , just like any other fact about COVID-19 , it's also in the sheets and we don't have time to actually go and try to find out more about it when we are already struggling with the vaccine.
Now we are not only going to face the second wave but we are also going to face a stronger mutated virus .
But all I know is , we cannot afford quarantine anymore. No country can . People are dying out of hunger if not the virus itself and therefore the market will continue to work .
We won't see any ups and downs in the Crypto market for the long run because of the virus itself.
Corona virus have showed the government that Fiat is not enough! They do need system like Bitcoins. Let us wait and hope that the current hope for vaccination to be out till September works . But then again chances are really low.
Currently, the name of the world's biggest terror Covid 19. As a result, the world economy has become very stagnant. At first, it seemed that the economic stagnation on Bitcoin was due to the influence of Covid 19. Later, the price of Bitcoin continued to rise. However, the good news as well as the sad fact is that in some countries the rate of Covid 19 infection is nearing the end and in many countries the rate of infection is increasing at lightning speed. We hope that this virus will not be able to attack the bitcoin rate.
Even if the second wave of coronavirus will also damage the economy, I doubt that Bitcoin will experience the same drop, as people now see that the crash was a pure panic with no fundamentals to back it up - there's simply no reason why Bitcoin should crash, as Bitcoin doesn't rely on supply chains or physical businesses to operate. Now Bitcoin fully recovered and people who panic sold are feeling dumb - meaning they'll be unlikely to panic sold again in a similar situation.
The need is still the vaccine or more waves will come.
Yes, the price might have fall but look at it now.
Even when the virus is still there the price of bitcoin doesn't move much.
They even risk their stimulus checks to be invested in bitcoin.
I still hope this will all end and maybe we could see the reaction of bitcoin price from the recent halving.
Yes, the price might have fall but look at it now.
Even when the virus is still there the price of bitcoin doesn't move much.
They even risk their stimulus checks to be invested in bitcoin.
I still hope this will all end and maybe we could see the reaction of bitcoin price from the recent halving.
So it would seem there is another Coronavirus wave on the way, at least in some countries.
Last time the pandemic struck, we saw Bitcoin price plunging hard.
Will the same thing happen again, can we expect the new lows?
What are your thoughts?
Last time the pandemic struck, we saw Bitcoin price plunging hard.
Will the same thing happen again, can we expect the new lows?
What are your thoughts?
I hardly think that this would be the case. While a new wave of the pandemic might be hitting certain countries across the continents its unlikely that this will affect crypto and BTC like it did previously. The reason for this is because the leading countries like the US, UK, Japan, Germany seem to show great improvement and because not all countries will experience the second virus wave the market is likely to be unaffected by it.
During the first wave of corona, factories and refiners of raw materials in china were forced to shut down. This denied factories around the world vital parts, raw materials and components required to produce their own products. The economic slowdown coupled with predictions of millions of casualties and mass graves being dug, produced a stock market crash before the virus fully manifested itself outside china's borders.
Circumstances should be better the second time around. We have a better idea of what works and what doesn't. Which measures are necessary and which are nonessential. It will all come down to how states and regulators choose to act. Whether they decide to follow the rational conclusions drawn from evidence. Or whether they decide it is better to pursue questionable agendas.
Circumstances should be better the second time around. We have a better idea of what works and what doesn't. Which measures are necessary and which are nonessential. It will all come down to how states and regulators choose to act. Whether they decide to follow the rational conclusions drawn from evidence. Or whether they decide it is better to pursue questionable agendas.
Now the situation is different and differs from the one in mid-March. Then people were very scared by governments and the media. People rushed to buy everything, as before a long siege. Now the coronavirus is not as scary as it seemed in the spring. In many states, this virus has declined, some even announced victory over it. In any case, such a panic will no longer exist, even if the second wave begins, there will be a coronavirus. If the cryptocurrency market reacts with a fall in prices, then it will be insignificant.
So it would seem there is another Coronavirus wave on the way, at least in some countries.
Last time the pandemic struck, we saw Bitcoin price plunging hard.
Will the same thing happen again, can we expect the new lows?
What are your thoughts?
Last time the pandemic struck, we saw Bitcoin price plunging hard.
Will the same thing happen again, can we expect the new lows?
What are your thoughts?
I don’t think so, I think the initial shock & panic set in previously which led people to selling stocks, crypto, non-essential investments because they feared it’d be worse than it has been.
I can’t see another big dump, no.
To be honest, last dump of bitcoin was happened due to panic. Huge panic was spreaded over world population and total global financial economy was collapsed. In a result we had encountered a huge impact on bitcoin for small time. But lately most of country removing lockdown with some conditions and life becoming normal very slowly and that's would be one reason why bitcoin not responding on current situation although probably there is another wave of covid-19. But it right that this waves around couple of country, and most of countries curing from it. So I am not expecting huge negative responses on bitcoin for current covid-19.
The Corona virus is now part of our lives and also part of our economy. People have already adjusted to the changes that are needed to operate in a world with a virus threatening their employees and their families.
The quarantine restrictions and the global banning of whole industries have given the global economy a kick in the butt... now the Health care industry had a opportunity to gear up for a new breakout of the virus, so there are no need for more restrictions that would close businesses for long periods.
Let's hope everything is prepared and that less people will die in the next coming months.
The quarantine restrictions and the global banning of whole industries have given the global economy a kick in the butt... now the Health care industry had a opportunity to gear up for a new breakout of the virus, so there are no need for more restrictions that would close businesses for long periods.
Let's hope everything is prepared and that less people will die in the next coming months.
So it would seem there is another Coronavirus wave on the way, at least in some countries.
Last time the pandemic struck, we saw Bitcoin price plunging hard.
Will the same thing happen again, can we expect the new lows?
What are your thoughts?
Last time the pandemic struck, we saw Bitcoin price plunging hard.
Will the same thing happen again, can we expect the new lows?
What are your thoughts?
I don’t think so, I think the initial shock & panic set in previously which led people to selling stocks, crypto, non-essential investments because they feared it’d be worse than it has been.
I can’t see another big dump, no.
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