The current world market situation. | Bitcointalksearch.org

shollyen

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Quote from: Anonymous100 on July 26, 2020, 02:38:32 PM

Quote from: tunapa on March 09, 2020, 02:09:30 AM

If you don't understand the effect of Corona on the global economy ! In the last 8 -12hrs , the US Crude oil is down by 31% , UK oil by 32%, BTC by 12% and more and other trading pair are falling deep. Crude oil seems dead now because they can't export it. Traders and investors needs to be careful now. This might be an unprecedented global recession. Now is not the time for long term Investment in real estate because when it goes bad, all those investment will be sold for pennies. So please hold your cash and follow the news.

Someone will ask that the funds that are leaving crude and stocks, where is it going ? It's simply being rolled into Fiat because everyone is careful of Investing at this time.

Corona is just a disease. There will come a recovery time. I think the effects of Corona are not too dangerous for crypto investors. Corona is not a world war, of course the effect will be easy to disappear. All countries help each other, not kill each other. So no need to worry about investing in crypto with Corona conditions.

Everything about cryptocurrency is done online, which is one of the reasons why it is doing better, despite the economic melt down, which is caused by the pandemic and which affects several activities, most especially those that involve offline presence. Cryptocurency is one of the alternatives that seem so easy to venture into. I see investors getting many on a daily basis.

Anonymous100

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Quote from: tunapa on March 09, 2020, 02:09:30 AM

If you don't understand the effect of Corona on the global economy ! In the last 8 -12hrs , the US Crude oil is down by 31% , UK oil by 32%, BTC by 12% and more and other trading pair are falling deep. Crude oil seems dead now because they can't export it. Traders and investors needs to be careful now. This might be an unprecedented global recession. Now is not the time for long term Investment in real estate because when it goes bad, all those investment will be sold for pennies. So please hold your cash and follow the news.

Someone will ask that the funds that are leaving crude and stocks, where is it going ? It's simply being rolled into Fiat because everyone is careful of Investing at this time.

Corona is just a disease. There will come a recovery time. I think the effects of Corona are not too dangerous for crypto investors. Corona is not a world war, of course the effect will be easy to disappear. All countries help each other, not kill each other. So no need to worry about investing in crypto with Corona conditions.

Python Master

copper member

Activity: 406

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That's what you see on TV, newspapers. What I see in my real life, i lost my job, many people around me in same situation. Many stores are closed and they do not reopen, despite of everything get better and many stores reopen, some close forever. The covid-19 virus has damaged the economy very badly. Stocks and Cryptos crash because money flow run into cash and gold.

Jonyshake71

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Botnake

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Quote from: Vishnu.Reang on May 11, 2020, 08:40:05 AM

Quote from: spike420211 on May 11, 2020, 08:08:43 AM

PlusToken scammers continue to launder stolen bitcoins through various kinds of mixers. At the moment, 13,000 BTC have already been passed through the mixer.

The PlusToken scammers are the reason why the exchange rates are still remaining in a suppressed state. We're just a few hours away from the block reward halving and the prices went down by 15% yesterday. Can it be any more frustrating for those who invested in cryptocurrency? I am literally fuming. Hope these PlusToken guys will die of Ebola.

They are already here and they are in control of the bitcoin they have, so they can sell anytime they want.
Maybe we should also blame people for not educating themselves and getting fooled by the scammers, and at least we know how much they are holding, we will understand what it will effect to the market if they will dump.

Vishnu.Reang

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Quote from: spike420211 on May 11, 2020, 08:08:43 AM

PlusToken scammers continue to launder stolen bitcoins through various kinds of mixers. At the moment, 13,000 BTC have already been passed through the mixer.

The PlusToken scammers are the reason why the exchange rates are still remaining in a suppressed state. We're just a few hours away from the block reward halving and the prices went down by 15% yesterday. Can it be any more frustrating for those who invested in cryptocurrency? I am literally fuming. Hope these PlusToken guys will die of Ebola.

spike420211

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Activity: 1610

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Behind all these ongoing events related to the corona virus and China in which all production is “standing”, and as you know, China is the world's largest oil consumer, the following happens.
PlusToken scammers continue to launder stolen bitcoins through various kinds of mixers. At the moment, 13,000 BTC have already been passed through the mixer.

pikkie

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Quote from: monineklutak on May 09, 2020, 03:35:39 PM

already seen the fact, that the situation of the crypto currency market is better than the stock market situation, we already know from all this that the final conclusion is that crypto currencies are worth investing Wink

of course the conditions of the place of exchange are very good because when the losses are reduced only the estimated value of the assets not the amount of the assets owned and of course many investors are still interested in cryptocurrency trading because they realize that to get a lot of profits very quickly in cryptocurrency.

monineklutak

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The OGz Club

already seen the fact, that the situation of the crypto currency market is better than the stock market situation, we already know from all this that the final conclusion is that crypto currencies are worth investing Wink

AssociatesBumble579

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As a result of the fact that I have done some online surveys, I can tell from the small business experience that the Coin Market is a bit better over the past few months. But it is not good to preach this good as good. As a result, it is desirable to be more advanced.

r32godzilla

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The situation around coronavirus is mainly caused by massmedias. But we have much bigger medical problems than coronavirus, for example tuberculosis - infectious diseases with the highest number of deaths. But thanks to coronavirus we fall into an economic crysis that will be there for years. So be careful, HODL cash and cryptocurrencies and buy low. Wink

sangjoewara

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Quote from: OneLifeKiller070 on May 09, 2020, 01:36:21 PM

There have a cricital situation now in whole world, No man could not take any risk by staying outside of home, if they don't take any part to as usal task it would create a bad economic cricis, so that we can say the the current market situation is very wild for the crpto lover.

Yes, if someone just stays at home, then there isn't much work he can do to support his economy, other than playing crypto properly, so an excellent choice in the current situation is to keep working on what we love and set aside a little time to make trade in crypto.

OneLifeKiller070

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There have a cricital situation now in whole world, No man could not take any risk by staying outside of home, if they don't take any part to as usal task it would create a bad economic cricis, so that we can say the the current market situation is very wild for the crpto lover.

posi

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Vave.com - Crypto Casino

I totally agree with what the OP said holding unto ones funds because of the downtrend in the crude oil etc market doesnt seems right because it also possible for fiat currency to loose so much value if recession happen and the perfect way for people to hold their fund is through crypto and gold.

Quote from: LostConfidence243 on May 08, 2020, 02:04:21 PM

Covid-19 pandemic is really give a bad influence to all market around the world . World economy is devastating so all investors are in bear mode . Let us be hopefully such conditions will be recover as soon as possible, to all the human being .

Covid-19 does influenced the world economy negatively which also causes panic sell in the crypto market but it doesnt every investors bear mode as we speak because the crypto investors that bought during the $7000 price range have already make some dollars profit.

LostConfidence243

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Covid-19 pandemic is really give a bad influence to all market around the world . World economy is devastating so all investors are in bear mode . Let us be hopefully such conditions will be recover as soon as possible, to all the human being .

Botnake

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Quote from: TheClownSong on May 01, 2020, 04:15:13 AM

Quote from: LostConfidence243 on April 30, 2020, 12:25:27 PM

The cryptocurrency market is actually going through a lot of bad situations. As a result, it cannot be called forward. It may be called stagnation. If such a situation continues, the entire crypto market like the Corona virus will devour it in the near future. So the current situation is a tense one.

Overall, in my opinion the cryptocurrency market is not affected much by the presence of coronavirus. Compared to the stock market performance, crypto is still showing good development and has not experienced a severe price decline

In the beginning it was affected but now that the government are spending a lot of money to battle the virus, we know what is the effect it will brought to the economy, so people now are smarter, they will put their money on something that will not inflate its value and due to that demand bitcoin has increased its value.

TheClownSong

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Quote from: LostConfidence243 on April 30, 2020, 12:25:27 PM

The cryptocurrency market is actually going through a lot of bad situations. As a result, it cannot be called forward. It may be called stagnation. If such a situation continues, the entire crypto market like the Corona virus will devour it in the near future. So the current situation is a tense one.

Overall, in my opinion the cryptocurrency market is not affected much by the presence of coronavirus. Compared to the stock market performance, crypto is still showing good development and has not experienced a severe price decline

Ziskinberg

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Quote from: Lexurdania on April 27, 2020, 04:08:18 AM

Quote from: Ziskinberg on March 28, 2020, 04:45:31 AM

Quote from: Eugenar on March 28, 2020, 02:37:18 AM

They convert it into fiat currency to have money to sustain to their need while crisis happens.

Most of the investors maybe are doing that, reason why the market dump because they panic, but investors who have good strategy would never convert his investment because they know if they panic, they will lose in this game.

Investors should not consider putting their money for their needs into investment, we have to allocate funds for investment and separate funds as our savings in times like this, that way, it would not affect our investment.

Agree, experienced investors will not easily panic and may take a favorable position in the midst of an economic crisis. Investors who panic easily when something happens in the market are investors who will only survive in the short term

If they will learn from their mistakes, they might survive longer, and maybe they would be able to achieve their goal.
We are all newbie at the beginning, we earn our experience and that's the reason why we don't make a lot of mistakes now since we have matured as an investor.

If there is a dump, we are just usually relax because we've seen that many times already.

LostConfidence243

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The cryptocurrency market is actually going through a lot of bad situations. As a result, it cannot be called forward. It may be called stagnation. If such a situation continues, the entire crypto market like the Corona virus will devour it in the near future. So the current situation is a tense one.

Crypto_lion

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NEW MEDICINE:Faster, Safer, Smarter

Every investment vehicle is falling down and wiping out the returns that they made in the last 2 to three years. Although it seems that gradual the market is rising up in hope of medicine from US .

Topic: The current world market situation. (Read 1607 times)