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Topic: Positive World Response - page 2. (Read 403 times)

full member
Activity: 1120
Merit: 101
March 16, 2020, 10:54:18 AM
#35
Of course do not worry too much about what is happening in the world today, where the economy seems to want to restart the situation. But always think positive and do the wise thing, take part by reacting with good things
if you are a trader or a large business actor I think you will feel panicked by the current state of the economy. You can think simply like that because you are not an actor in the world economic movement. Try to see people who have large shares in well-known companies and the value of their shares fell because of a bad market situation.
member
Activity: 868
Merit: 16
March 16, 2020, 10:29:38 AM
#34
I noticed when bitcoin price came to down and was followed by another traditional market I got thinking that bitcoin was cosidered like another traditional market. The people have been aware of it, if there is someone who talk that bitcoin and altcoin are really bad and have many risk rather traditional market we can give this situation as a proof. The traditional market have fallen a lot too when the recession come and we can see also in bitcoin and altcoin. We need a more time for those people to know bitcoin and altcoin and our job is make a positive information against them everyday.
jr. member
Activity: 176
Merit: 1
March 16, 2020, 10:14:08 AM
#33
Of course do not worry too much about what is happening in the world today, where the economy seems to want to restart the situation. But always think positive and do the wise thing, take part by reacting with good things
member
Activity: 476
Merit: 22
March 16, 2020, 06:14:36 AM
#32
The smart ones knows exactly what to do with this type of market we are in right now, many will dump so the smart ones will accumulate, it's certain that many are buying while others are selling, on coinbase there are more buy orders than sell orders, this is a good sign of what will happen after Coronavirus is over
sr. member
Activity: 882
Merit: 260
March 16, 2020, 05:46:30 AM
#31
It's not about the coinbase orders because it won't stop the price from droping as long as there is panic and fear in every sector. Everyone is just trying to be safe and finding a way to best store their funds. If the situation becomes stable , there will be more demand and price will move up.

Indeed. As of the moment people are still into panic and fear and every sector due to this pandemic virus which is the Novel Coronavirus 2019 which is infecting the entire world that really have a great impact not just with the health care but as well as into the economic sector. Many are doing panic buying, hoarding and whatsoever to keep themselves safe from this pandemic virus. The world outside cryptocurrency is directly affected because of this and it comes to surprise for me that even the cryptocurrency community is also affected by this which we have seen the prices of the top cryptocurrencies are suffering which is said related to the happenings nowadays. As of the moment people are really focusing into the real situation that is maybe one of the reason why the demand and usage of cryptocurrencies seems to be low making the prices low. But as soon as the situation becomes okay and stable I hope everything will comeback to normal bringing the hype to the demand of crypto as well as the usage of it. I was just thinking that with this scenario, it will be best to use cryptocurrency to purchase everything specially to avoid having direct contact to prevent being infected by Novel Coronavirus 2019.
member
Activity: 378
Merit: 15
March 15, 2020, 11:03:56 AM
#30
Most likely people from USA decided to move to cryptos once they faced huge losses on stock market which needs really long time to recover from their losses but on the other hand even in weeks everything could become normal so people are seeing this as an alternative still more people yet to jump all in to make demand for bitcoin and increase its price from the crash.
If this is indeed a very good thing, there will be very large funds going into crypto and this will make the price of crypto much better than before. We must prepare to hold our crypto assets  Grin
Correct but do not expect anything until Coronavirus get fixed first, since not only crypto is affected i remain in my calm state, crypto is more stronger and now even stock investors will know
sr. member
Activity: 1638
Merit: 278
March 15, 2020, 10:47:14 AM
#29
The larger world response to this economy disease is not that bad at all, users or traders should please head to coinbase you will see that the exchange has larger buy orders instead of sell orders, few other sources too, what this means is the reaction from the world is good, people knows that Bitcoin is not a joke and they are taking the advantage
Yes you’re saying the truth and I kept laughing at those that were complaining in this forum about the fall in Bitcoin price. The last time I checked on Coinbase I noticed that Bitcoin has 80% buy rate and only just 20% sell rate. Ethereum was at 73% buying rate. This shows that people are not really seeing things as some are seeing it here. This is even a huge opportunity for those who understand, some will never know this.

Now is the right time to buy this coin and keep. Yes the price has decreased maybe due to the current outbreak of Coronavirus, but don’t be surprised that within a short time the pandemic will fade off and then the price of Bitcoin will pump heavily more than what we ever expected.
sr. member
Activity: 1652
Merit: 262
SOL.BIOKRIPT.COM
March 15, 2020, 09:22:47 AM
#28
I hope so too, not only coinbase but some other big exchangers like binance and yobit. if the market gets a greater purchase volume than sales, then the price of bitcoin and altcoin will definitely pump up very quickly. because if one exchanger alone, maybe it's not enough to pump.
legendary
Activity: 1722
Merit: 1014
March 14, 2020, 05:53:34 PM
#27
I hope that all this world panic will lead the people to mass adoption faster Smiley The sooner we destroy the old fiat system the sooner we will see this brave new crypto world Smiley
hero member
Activity: 938
Merit: 500
https://youengine.io/
March 14, 2020, 03:35:08 PM
#26
If what you are saying is true then why is that the price of BTC is dipping so low.
The price is almost half of what it was a few weeks ago. The corona virus has made a huge impact on bitcoin's price.
May be people have started buying BTC again but that doesn't mean that people have started accepting BTC as a safe haven.
I do not believe that the price of Bitcoin will stay at such a low level and we will be able to further monitor the development and popularization of Bitcoin around the world. I will continue to invest in Bitcoin.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
March 14, 2020, 01:31:17 PM
#25
If what you are saying is true then why is that the price of BTC is dipping so low.
The price is almost half of what it was a few weeks ago. The corona virus has made a huge impact on bitcoin's price.
May be people have started buying BTC again but that doesn't mean that people have started accepting BTC as a safe haven.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
March 14, 2020, 08:53:41 AM
#24
Despite the price decline, bitcoin can play a vital role in a global pandemic crisis like this one. COVID-19 can be transferred via physical cash. Also in places where people are currently in isolation, bitcoin can be used for payments for goods and services. It's still unclear where we're heading to as the pandemic is reaching critical stages. This might just be the opportunity we're been waiting for crypto to get massively adopted – staffs are working remotely. If banks close due to the outbreak. Bitcoin can go from neglected digital asset to the new status quo.
member
Activity: 840
Merit: 10
March 14, 2020, 06:24:12 AM
#23
The larger world response to this economy disease is not that bad at all, users or traders should please head to coinbase you will see that the exchange has larger buy orders instead of sell orders, few other sources too, what this means is the reaction from the world is good, people knows that Bitcoin is not a joke and they are taking the advantage

Regarding Bitcoin, I think people will take the opportunity to buy when prices fall like this. The impact of coronavirus in my opinion is only temporary and will not paralyze the world market and economy. With great liquidity and also limited supply, I think big investors will start to realize the existence of bitcoin
jr. member
Activity: 78
Merit: 1
March 14, 2020, 06:23:08 AM
#22
People are now coming to realise the importance of the blockcian and crypto at large. I guess there's more buy in for crypto now due to the spread of the Corona Virus. Is this actually going to bring the much anticipated mass adoption of cryptocurrency? Let's watch out as the drama unfolds. ☺
sr. member
Activity: 1274
Merit: 337
Enterapp Pre-Sale Live
March 14, 2020, 06:19:56 AM
#21
Many will be happy about this golden opportunity, that's how I see it, those who understands how valuable Bitcoin can be will definitely start buying from dumpers, it's only a matter of time market will surely recover
That's right, I'm also sure that the price of bitcoin will rise again over time, and those who bought bitcoin during the dumper yesterday will be very profitable, only they only need a little patience in waiting for the rise in bitcoin prices.
hero member
Activity: 2142
Merit: 594
March 14, 2020, 05:31:13 AM
#20
Most likely people from USA decided to move to cryptos once they faced huge losses on stock market which needs really long time to recover from their losses but on the other hand even in weeks everything could become normal so people are seeing this as an alternative still more people yet to jump all in to make demand for bitcoin and increase its price from the crash.
If this is indeed a very good thing, there will be very large funds going into crypto and this will make the price of crypto much better than before. We must prepare to hold our crypto assets  Grin
member
Activity: 574
Merit: 24
March 14, 2020, 05:26:32 AM
#19
Many will be happy about this golden opportunity, that's how I see it, those who understands how valuable Bitcoin can be will definitely start buying from dumpers, it's only a matter of time market will surely recover
hero member
Activity: 2660
Merit: 551
March 14, 2020, 03:54:01 AM
#18
The larger world response to this economy disease is not that bad at all, users or traders should please head to coinbase you will see that the exchange has larger buy orders instead of sell orders, few other sources too, what this means is the reaction from the world is good, people knows that Bitcoin is not a joke and they are taking the advantage

Perhaps many people or even average Joe are going to heed that call to use cashless payment, be it credit or debit card or every crypto. As far as the buy order in coinbase, obviously every trader or investor see it as a great opportunity to buy cheap bitcoin or altcoins because of the worsening market condition, so it's a judgement call for everyone.
member
Activity: 476
Merit: 22
March 14, 2020, 03:46:06 AM
#17
I know crypto and btc is backed by strong community and real supporters are still holding but buying even more but what i have seen in last 3 4 days is like never seen before not only the crash was huge but i am getting dozens of 10% up or down price move alerts from coinbase which is a thing i have never seen ever, i mean this level of volatility is shocking but i am sure good traders will be taking advantage and multiplying their holdings out of this volatility.
Bitcoin have died several times before, there is no reason to be panic about present market condition, more investors are buying as we speak and once coronavirus panic goes down you will witness a very strong market support
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
March 13, 2020, 11:25:24 PM
#16
The larger world response to this economy disease is not that bad at all, users or traders should please head to coinbase you will see that the exchange has larger buy orders instead of sell orders, few other sources too, what this means is the reaction from the world is good, people knows that Bitcoin is not a joke and they are taking the advantage

You cant just simply advise people head there to coinbase. Some are not practically using it for trading, maybe more users from the US are using it or nearby countries but some are prefer the most common and major exchange such as Binance. The disease is truly affecting many people and even crypto space has been one of its affected area. People need to relax for the meantime and wait for the time everything slowly back to normal.

Everyone has their preference when it comes to crypto exchange. Maybe, the OP just want to tell that when you head to Coinbase, you can see a lot of buy orders and that means, many people still believe in bitcoin. It is really up to us where to trade and where to get our crypto. But maybe later on, people without prior experience in crypto will find dealing with crypto to be of advantage especially when we are faced this kind of crisis. Holding fiat where you don't know where it's coming from is not safe anymore. So having online transactions has the advantage this time.
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