For me, I can't really tell based on the fact that most people pulled out, and a lot pulled in and are still pulling in. Even if there is an effect, based on the present price of bitcoin, I don't think there's any negative effect....
Undoubtedly, the global pandemic has affected many areas of human life, including the cryptocurrency market. It seems to me that the main influence of coronavirus on all markets is, first of all, the panic that caused the fall in prices for cryptocurrency, as well as oil. negative news primarily affected investors who panickedly started selling cryptocurrencies and securities, but at the same time, gold metal became more popular in this situation. Nevertheless, the situation around the world is becoming clearer and analysts believe that the cryptocurrency market is already close to recovery and in the summer of 2020 the market results will be more than acceptable. In addition, Bitcoin halving Must affect a difficult situation in a more favorable way. 
Topic: What could be the effect of corona virus on crypto industry?decrease or increase (Read 1009 times)
May 10, 2020, 04:02:56 AM
May 09, 2020, 04:19:29 PM
For me, I can't really tell based on the fact that most people pulled out, and a lot pulled in and are still pulling in. Even if there is an effect, based on the present price of bitcoin, I don't think there's any negative effect....
May 09, 2020, 03:32:27 PM
This coronavirus should have no effect on the crypto industry,
Though we see a huge dump on its price in late March, the reason for this might be because people have really panicked at that time. But for now, as the market starts to become stable, we have seen that the market already recovered from previous dump and we clearly see that this coronavirus has no effect on crypto.
Bitcoin is part of the economic system whether we like it or not, if the stock market crashes as it did in March when investors understood that this coronavirus crisis was not going to go away then it was almost inevitable that we were going to see a crash in this market as well, either because those investors are also part of this market and sold their coins in order to cover some of the losses that they got in the stock market or they sold just because they wanted to materialize their profits, in any case if we see another crash in the stock market most likely that is going to affect this market as well during the short term. Though we see a huge dump on its price in late March, the reason for this might be because people have really panicked at that time. But for now, as the market starts to become stable, we have seen that the market already recovered from previous dump and we clearly see that this coronavirus has no effect on crypto.
May 06, 2020, 04:55:23 AM
Well, the effect of the corona virus is really huge, it gives a huge decrease into the whole crypto market, but I agree with you OP, that we might not see any more corrections deeper than what we previously encounter. Right now the current movement of the market is upward and this could be a good sign that the market is recovering and starting to prepare for the next bull run.
For me, it is not that huge, really.
It is true that the pandemic has an effect on the price of Bitcoin but I don't think it is that huge. If we are really seeing a huge effect on the price of Bitcoin then we should be seeing a huge price drop and at least now we should not see it recovering. But what happened is that the price drops and returned so fast to $6K and now it is $9K.
May 06, 2020, 04:16:02 AM
As I read, I think the arguement raised in this topic is whether cryptocurrencies are affected by factors specifically mentioned, the pandemic.
As we all know, cryptos run through internet, it is global, and it is hard to determine which factor truly affects it.
Industries are in fact affected causing income shortage.
Its either people tend to panic.
All currencies in my opinion are intertwined with eachother.
Maybe somehow things will affect everything eventually.
As we all know, cryptos run through internet, it is global, and it is hard to determine which factor truly affects it.
Industries are in fact affected causing income shortage.
Its either people tend to panic.
All currencies in my opinion are intertwined with eachother.
Maybe somehow things will affect everything eventually.
May 06, 2020, 04:01:58 AM
Cryptocurrencies experienced the negative effects of coronavirus, but now everything has stabilized. Yes, and soon halving, and the blocks are mined even faster than expected. Therefore, we can see a new wave of cryptocurrency popularity.
When you say negative effect I suppose you mean the price. However, I think we should look.at bigger picture because in time of pandemic digitization, digitalitation and new technologies got the new opportunity for even bigger and stronger development and acceptance. That also reffers on cryptocurrencies and I beleive that interest for them and their implementation into real life and economy became better. I think that will be long term effect.
Also, world economy is heading into new recession that is very hard to predict how long will last and how deep it will be so this might be also opportunity for cryptocurrencies as one of possible alternatives.
May 06, 2020, 02:38:41 AM
This coronavirus should have no effect on the crypto industry,
Though we see a huge dump on its price in late March, the reason for this might be because people have really panicked at that time. But for now, as the market starts to become stable, we have seen that the market already recovered from previous dump and we clearly see that this coronavirus has no effect on crypto.
Though we see a huge dump on its price in late March, the reason for this might be because people have really panicked at that time. But for now, as the market starts to become stable, we have seen that the market already recovered from previous dump and we clearly see that this coronavirus has no effect on crypto.
May 05, 2020, 11:33:51 AM
In my opinion the corona virus has no effect on the crypto industry, it is true when the corona virus in the initial spread makes a price
down deep enough. But it was only a brief panic, it was proven after that the price of crypto was rising slowly. Now the price of bitcoin
is already at $ 8,700, I agree with your prediction that bitcoin before the end of May will reach $ 10k.
It is simply too early to tell, as you mentioned there was a crash in the market that most likely was related to the coronavirus crisis, however while things may seem to be back to normal it is going to take at least a year in order to completely solve the crisis that we are facing, and we know that bitcoin has a huge volatility and a lot can happen in one year so we must keep watching the markets and the news in order to not be surprised by a sudden decrease in the price of bitcoin. down deep enough. But it was only a brief panic, it was proven after that the price of crypto was rising slowly. Now the price of bitcoin
is already at $ 8,700, I agree with your prediction that bitcoin before the end of May will reach $ 10k.
April 30, 2020, 05:58:48 AM
I don't see a direct correlation between covidand BTC price, but there's definitely a number of underwater processes going on on a deeper level. Never actually seen any good explanation of these processes, it's too complicated for me to conceptualize anyway
April 30, 2020, 04:49:47 AM
in any case, there is a causal link between the virus, quarantine and what will happen in the near future. I believe that many people, because of isolation, are reviewing their usual norms of behavior and are starting to use such opportunities and resources that they had not even thought about before. being at home, people become interested not only in alternative sources of income, but also in alternative opportunities for the purchase of various goods. Based on this, when searching the Internet, people will be faced with information about cryptocurrency trading and investing in cryptocurrencies, while people will be educated in relation to cryptocurrency and people will understand how profitable it is to use cryptocurrency as a means of payment, as well as as a digital asset of value. I believe that the result of everything that is happening around the world today can be attracting as much investment as possible to the cryptocurrency market and the use of cryptocurrency in a person’s daily life, since for example the use of bitcoin can destroy the very concept of inflation, compared to fiat currencies.
April 29, 2020, 06:11:34 PM
In my opinion the corona virus has no effect on the crypto industry, it is true when the corona virus in the initial spread makes a price
down deep enough. But it was only a brief panic, it was proven after that the price of crypto was rising slowly. Now the price of bitcoin
is already at $ 8,700, I agree with your prediction that bitcoin before the end of May will reach $ 10k.
down deep enough. But it was only a brief panic, it was proven after that the price of crypto was rising slowly. Now the price of bitcoin
is already at $ 8,700, I agree with your prediction that bitcoin before the end of May will reach $ 10k.
April 29, 2020, 06:08:45 PM
Different countries have different share systems, but the trust of many is declining day by day, for various reasons, and the number of people coming to Crypto currency is increasing day by day, which is unimaginable, so the value of Crypto Currency shares.
It doesn't look like that. Not all of them are coming in here nor they would like to invest crypto but rather to see crypto holders are selling their coins for that sake of fiat money. Because in hard times, you can think they are looking for investment but have to save their ass in the pandemic and not to be infected..... so I think people from all over the world invest in cryptocurrencies. We can see a Bitcoin Pump at the very end.
It can be happening soon but not today. The pandemic has huge damage to the market not only in crypto but globally. But we are able to recover it somehow and moving back to $8k. Well, it might be because people are anticipating the coming halving, or people are now holding their coins.
April 29, 2020, 05:21:05 PM
When the world economy goes down, all investment products decline, inevitably it also affects the crypto market. Most investors choose to secure their assets until the storm subsides, some also choose to hold fresh money to support their business, and of course to meet basic needs in the midst of a pandemic.
Despite the difficult circumstances, the crypto market with its unique niche is still running as it should. Extreme market movements provide ample opportunities, even the decline in most cryptocurrency gives us the opportunity to fill bags. Based on the following analysis, 59% of traders were not affected by this pandemic.
I have my doubts about those numbers, after all the only ones that can answer those kind of questions are the traders that still have money to trade the markets and most likely those people are some of the top traders in the market of cryptocurrencies, but not long ago we saw an important crash and anyone that was trading the markets with some kind of leverage most likely got a margin call and got their positions forcibly closed so they could not be consider to be part of that survey because they cannot trade the markets any longer as they have lost all of their capital. Despite the difficult circumstances, the crypto market with its unique niche is still running as it should. Extreme market movements provide ample opportunities, even the decline in most cryptocurrency gives us the opportunity to fill bags. Based on the following analysis, 59% of traders were not affected by this pandemic.
April 25, 2020, 06:56:13 PM
Different countries have different share systems, but the trust of many is declining day by day, for various reasons, and the number of people coming to Crypto currency is increasing day by day, which is unimaginable, so the value of Crypto Currency shares. Increases a lot, so that those who have Investors get a lot of profit, but in that stock in the stock companies of different countries / stock market People are moving towards cryptocurrency by investing in cryptocurrencies, and people from all over the world usually invest in cryptocurrencies, so I think people from all over the world invest in cryptocurrencies. We can see a Bitcoin Pump at the very end.
April 25, 2020, 06:03:45 PM
According to statistics, we had one crash during March 29 - 30. After that there is stable rise with some crush between it but the way bitcoin's price is going sounds good right now when there is crash of prices on almost everything. Right now bitcoin shines very positively, I guess it can even lead others to invest in bitcoin despite current economic crisis. (When everything fails and one thing stays alive + rises, is hard to ignore).
But at the moment there isn't real picture of our global economic crush, it will be very visible in upcoming months, then we will have a real picture of what bitcoin can really do. If people were left without money and start selling of bitcoin, this will have very negative effect on price but who knows, will it happen? Maybe not. During The Great Depression people were left without money but somehow instead of growing death rate, there was a visible rate of population's growth and almost no change in death rate. I find some link between this two proposal...
But at the moment there isn't real picture of our global economic crush, it will be very visible in upcoming months, then we will have a real picture of what bitcoin can really do. If people were left without money and start selling of bitcoin, this will have very negative effect on price but who knows, will it happen? Maybe not. During The Great Depression people were left without money but somehow instead of growing death rate, there was a visible rate of population's growth and almost no change in death rate. I find some link between this two proposal...
April 25, 2020, 05:23:36 PM
When the world economy goes down, all investment products decline, inevitably it also affects the crypto market. Most investors choose to secure their assets until the storm subsides, some also choose to hold fresh money to support their business, and of course to meet basic needs in the midst of a pandemic.
Despite the difficult circumstances, the crypto market with its unique niche is still running as it should. Extreme market movements provide ample opportunities, even the decline in most cryptocurrency gives us the opportunity to fill bags. Based on the following analysis, 59% of traders were not affected by this pandemic.
Despite the difficult circumstances, the crypto market with its unique niche is still running as it should. Extreme market movements provide ample opportunities, even the decline in most cryptocurrency gives us the opportunity to fill bags. Based on the following analysis, 59% of traders were not affected by this pandemic.
April 25, 2020, 02:34:14 PM
Despite the fact that small and medium-sized businesses are in distress, I am glad that people are not in a hurry to withdraw their funds from Bitcoin.
We cannot be certain about this, we haven't seen the real effect of the pandemic in the long run yet. But I'm also glad that we have seen some significant changes towards the bitcoin price amidst the pandemic virus. Look how deep the oil industry and the stock market in major countries, looks like crypto is going to shine during these dark times.They may not have the best purchasing power right now, but they can hold on to Bitcoin and this can affect the attitude of people towards it, during the period of the fall of such a large number of valuable assets.
The market is composed by individuals, even they are small the decentralization power is a whole blast if they are all align. The time now for the prices is not perfect but it is ideal for the upcoming halving. April 25, 2020, 12:51:03 PM
Obviously based on what we have been seeing the Corona virus brought a negative impact to the crypto Industry as well as to the many business because of it's lockdown from different part of the world and maybe this is one of the most problem because the industry of the cryptocurrency is currently facing a big problem due to this pandemic virus.
And so far that has been only the short term impact, if the lockdown is still in place for months or we move to intermittent lockdowns in which we return to our normal activities for some time only to go back to send everyone home because the virus is spreading too fast the effects in all markets will be even bigger than what we have seen, many do not understand that in order for the price of something to go up more money needs to chase the limited supply available and if people lose their jobs and have bills to pay then they are not going to have money to buy bitcoin and with the demand going down the price will have no option but to go down as well.
April 22, 2020, 09:05:23 AM
Despite the fact that small and medium-sized businesses are in distress, I am glad that people are not in a hurry to withdraw their funds from Bitcoin.
They may not have the best purchasing power right now, but they can hold on to Bitcoin and this can affect the attitude of people towards it, during the period of the fall of such a large number of valuable assets.
They may not have the best purchasing power right now, but they can hold on to Bitcoin and this can affect the attitude of people towards it, during the period of the fall of such a large number of valuable assets.
April 22, 2020, 09:03:44 AM
The stock markets have been greatly affected by this coronavirus pandemic. A lot of people have also been laid off, I believe it will have its effect on cryptocurrencies too, just like the stock market.
Somehow it has a huge impact on cryptocurrency with this crisis happening globally. But I also believe some are catching this opportunity to learn and invest in crypto despite of crisis as well on the stock market. Let's do hope this pandemic will end and will be back to normal, as we also hope in crypto to jump the price. April 22, 2020, 08:39:35 AM
The stock markets have been greatly affected by this coronavirus pandemic. A lot of people have also been laid off, I believe it will have its effect on cryptocurrencies too, just like the stock market.
April 21, 2020, 06:27:17 AM
We have already seen the outcome, the price of Bitcoin decreased and that is the same thing that happened with stock market, but they are all getting back up now. BTC fell to a low of $3k plus and was able to get back up to $7k. The price is at $6.8k as I write; it has been rotating the circle of $6k and $7k and I’m hoping that it breaks the $7k and move to $10k anytime soon.
We already close to May, in a week and few days, and the halving will be taking place. A lot of people has been speculating to take place in the month of May after the Halving, let’s wait till then and see what is next.
We already close to May, in a week and few days, and the halving will be taking place. A lot of people has been speculating to take place in the month of May after the Halving, let’s wait till then and see what is next.
Btc definitely is not going to hit 10K anytime soon...
Halving doesn't even matter this time.
I expect some bigger moves, right after summer.
April 21, 2020, 06:22:57 AM
We have already seen the outcome, the price of Bitcoin decreased and that is the same thing that happened with stock market, but they are all getting back up now. BTC fell to a low of $3k plus and was able to get back up to $7k. The price is at $6.8k as I write; it has been rotating the circle of $6k and $7k and I’m hoping that it breaks the $7k and move to $10k anytime soon.
We already close to May, in a week and few days, and the halving will be taking place. A lot of people has been speculating to take place in the month of May after the Halving, let’s wait till then and see what is next.
We already close to May, in a week and few days, and the halving will be taking place. A lot of people has been speculating to take place in the month of May after the Halving, let’s wait till then and see what is next.
April 20, 2020, 07:05:21 AM
Obviously based on what we have been seeing the Corona virus brought a negative impact to the crypto Industry as well as to the many business because of it's lockdown from different part of the world and maybe this is one of the most problem because the industry of the cryptocurrency is currently facing a big problem due to this pandemic virus.
And so far that has been only the short term impact, if the lockdown is still in place for months or we move to intermittent lockdowns in which we return to our normal activities for some time only to go back to send everyone home because the virus is spreading too fast the effects in all markets will be even bigger than what we have seen, many do not understand that in order for the price of something to go up more money needs to chase the limited supply available and if people lose their jobs and have bills to pay then they are not going to have money to buy bitcoin and with the demand going down the price will have no option but to go down as well. April 20, 2020, 06:02:03 AM
Well, the effect of the corona virus is really huge, it gives a huge decrease into the whole crypto market, but I agree with you OP, that we might not see any more corrections deeper than what we previously encounter. Right now the current movement of the market is upward and this could be a good sign that the market is recovering and starting to prepare for the next bull run.
April 20, 2020, 05:51:23 AM
It has huge impact not only in stock market but in cryptocurrency market as well, as you look back to bitcoins's prior to corona pandemic the price value was playing around $8-9k buy when the pandemic broke out it suddenly went down crashing to 6k. Recently it has gaining a little momentum as the market is stable running back and forth from $6.9-7.2k and we might see some surge when pandemic is over and everything gets back to normal.
April 19, 2020, 03:55:13 PM
Obviously based on what we have been seeing the Corona virus brought a negative impact to the crypto Industry as well as to the many business because of it's lockdown from different part of the world and maybe this is one of the most problem because the industry of the cryptocurrency is currently facing a big problem due to this pandemic virus.
And so far that has been only the short term impact, if the lockdown is still in place for months or we move to intermittent lockdowns in which we return to our normal activities for some time only to go back to send everyone home because the virus is spreading too fast the effects in all markets will be even bigger than what we have seen, many do not understand that in order for the price of something to go up more money needs to chase the limited supply available and if people lose their jobs and have bills to pay then they are not going to have money to buy bitcoin and with the demand going down the price will have no option but to go down as well. 
April 19, 2020, 01:14:54 PM
Hello everybody. Judging by all the news that I watch in the news feed from different countries, the same thing happens - the authorities are trying to do their dirty tricks, hiding behind this virus. There is not a single country where there was a virus, that would not have been a complete failure of the economy. Of course, bitcoin has already entered our consciousness as a certain capital and, as a participant in exchange fraud, it cannot remain aloof from manipulation. The virus - this is just an excuse - it has aggravated relations between world financial clans. Only by uniting can this infection be defeated. And discrepancies and mutual reproaches will lead to even greater human and economic losses. It’s just that in such difficult periods, financial assets become highly susceptible to volatility - Bitcoin is no exception. Of course, I think that bitcoin should collapse, at least up to $ 3,000 and this local growth is a good smoke screen.
April 16, 2020, 05:09:43 AM
It is human being that are miners, trader, Incharge of most control on crypto currency and whatever happens to them happens to their effect. The Corona Virus affected the world at large and only few of it's effects on general economy are positive. This would affect cryptocurrency industry too but since the problem does not shut down the internet. It will be minimal and recovered soon. Especially after the halving
April 16, 2020, 04:57:27 AM
Obviously based on what we have been seeing the Corona virus brought a negative impact to the crypto Industry as well as to the many business because of it's lockdown from different part of the world and maybe this is one of the most problem because the industry of the cryptocurrency is currently facing a big problem due to this pandemic virus.
Actually it is not the Corona why the market is broke now but it is the People that Got panic when they heard about the news.Though this is in some sort the effect but still it is our way as investors here on how we can help the market.
i did consider withdrawing but only the amount my family might be needing and not the whole Folio of mint.
April 16, 2020, 04:50:07 AM
as long as there are the issue of corona virus pandemic we cant stop the decreasing in crypto industry because some of us is still in our house. and the other is withdrawing ther fund to buy they need.
The main question is which layer of the solvent population has the greatest impact on the weight of bitcoin?
It seems to me that the market is nevertheless controlled by forces that have a truly significant amount of funds, forces for which such a crisis is only an opportunity to expand influence, and not a factor limiting their activity.
April 15, 2020, 05:49:13 PM
If we will observe and see the price charts of the cryptocurrencies this past weeks ever since the coronavirus pandemic have started, we will see that the crypto industry is also affected by the spread of the news because the prices of the cryptocurrencies even the top ranks like Bitcoin have experienced a downfall on its price which means that the situation have a negative effect not just on the health sector but as well into the economic and finance sector because stock markets and cryptocurrency market is being affected by this. So far up to this very moment of time, we don't know what will be the price behavior of the cryptocurrencies if it will go up or down by the end of this month which signifies also the upcoming halving if the prices will be going fine or will still continue to get into the bottom. We just need to hope for the best things to come with regards to the cure for this virus as well as for the normal pricing in the stock market and cryptocurrency market.
April 15, 2020, 03:51:47 PM
So far I think it's a decrease we have seen much of. The spread of the virus have had many countries calling for lockdown and this has slowed the economic production rate hence reducing the amount of money people would be investing in cryptocurrencies. Most people are now saving the little they have for worst conditions if things don't get better.
April 15, 2020, 10:47:17 AM
Well, we have seen some results already and I think it will going to continue like this. Due to the lockdown some businesses are closing already isn't it enough to know that most of the economy will go down because there are no people that would help them to grow their business during this time. In crypto market I think it was all the same since people are exchanging crypto to fiat in order to gain some money to support their daily needs.
I don't think that way because Crypto Currency is far way more different than the current we are using in the real world and at times like this with the Coronavirus pandemic that is spreading worldwide, Using Crypto Currency has a lot of advantage right now compared to its rival assets like paper money and gold. Those real believers of Crypto Currency will surely hold their assets at times like this because they know that it will worth more in the future. April 15, 2020, 09:44:15 AM
Due to corona virus effect already the crypto market has made a very bad impression and the market is in a very bad shape. I think in coming days we will face more difficult times. Now the market is getting a little tight but if Corona virus is not eliminated from us, then crypto industry will be in more trouble.
April 05, 2020, 10:46:07 PM
There will definitely be a decrease because there will be a lot of people who will be pulling out their holdings and it will cause for plummet and I think that is an oppurtunity to buy when the price is low.
April 05, 2020, 08:23:54 PM
Well, we have seen some results already and I think it will going to continue like this. Due to the lockdown some businesses are closing already isn't it enough to know that most of the economy will go down because there are no people that would help them to grow their business during this time. In crypto market I think it was all the same since people are exchanging crypto to fiat in order to gain some money to support their daily needs.
I think due to coronavirus, it won't impact on crypto industry that much, crypto industry will may suffer very little damage but they will recover it, because it is totally online base currency. so, we cannot compare it with the stock market. stock market and crypto industry are completely different. so, I think that it may have little loss but it will not have much effect on us.
You are wrong, we haven't yet reached a peak in many countries even USA.
And the economic impact will last longer then the virus, for a long time there will be less money going into crypto until the day that the economy will recover again in 1 or 2 years.
So in 2022 Bitcoin might go higher then 10.000 if it doesn't go much lower now.
April 05, 2020, 03:07:02 PM
I don't even wish for this pandemic to continue till May or June, I'm hoping that the problem gets solved and everything gets back to normal and everyone starts living their best life. My neighbors can't even stand this lockdown, people keeps questioning how they are going to survive this lockdown, how they are going to get food to eat and more, it's not easy.
Before the lockdown those who are well to do got their stores stuffed with all kinds of foodstuffs that would last them for as long as the lockdown would stay, but what about those that doesn't even have money to buy anything at all? Those people are going to die in hunger, sadly. So, there should be a decrease in most people's economy.
Before the lockdown those who are well to do got their stores stuffed with all kinds of foodstuffs that would last them for as long as the lockdown would stay, but what about those that doesn't even have money to buy anything at all? Those people are going to die in hunger, sadly. So, there should be a decrease in most people's economy.
April 05, 2020, 05:39:38 AM
After the crisis of covid-19, many will have to withdraw their assets in BTC
Nope, I don't think that will most likely to happen. Crypto enthusiast knows that there is an important event that's about to come and will possibly initiate a bull run. People are still very optimistic about the effect of block halving and that explains why Bitcoin didn't fall deeper than the $4,000 bottom. While the global economy is down, cryptocurrency didn't seem to be affected by a great number and currently doing well these days.
So, If you're a smart investor, don't withdraw anything until you hit the target.
April 05, 2020, 05:31:17 AM
I will say that at the moment, it is causing a decrease but at the long run, no bull will be traced to it because it will not matter again when it dies down and also, it won't look like it had an effect to the business. It shouldn't have positive effect because it is not part of crypto business.
You're right, the effect will be forgotten when the market has been fully recover which will be eminent in due time from now. Although there are many downtrends of the general market even in the stock market, so, this is not just an issue of cryptocurrency but both sectors.
This happenings of the current pandemic will soon be the thing of the past and Bitcoin among all other cryptocurrency will shoot up again. More over, the effect of this coronavirus will surely yields a positive effect on the cryptocurrency market.
April 05, 2020, 05:06:35 AM
As a result, most likely, the crypto industry will grow. After the crisis of covid-19, many will have to withdraw their assets in BTC, so the market will sag a little, and then growth will go. After all, people are experiencing past experiences in this crisis, it is a relic of the past and it is more profitable to use cryptocurrencies. Many countries already have BTC ATMs, this is an indicator of growth in the crypto industry
April 04, 2020, 06:59:04 PM
Well, we have seen some results already and I think it will going to continue like this. Due to the lockdown some businesses are closing already isn't it enough to know that most of the economy will go down because there are no people that would help them to grow their business during this time. In crypto market I think it was all the same since people are exchanging crypto to fiat in order to gain some money to support their daily needs.
April 04, 2020, 04:54:29 PM
The year was expected big by people around the globe in terms of economic uplifting. The same is with the crypto market, but everything has happened in the opposite way with the corona virus. As there is complete lockdown throughout the world the consumer and the production industry has limited resources and very few sectors are functional to help people all around.
Until now there isn't big impact felt over the cryptocurrency market in accordance to the corona virus effect. Hope things will get better with time, and the recovery time can't be calculated based on the present situation prevailing around.
Until now there isn't big impact felt over the cryptocurrency market in accordance to the corona virus effect. Hope things will get better with time, and the recovery time can't be calculated based on the present situation prevailing around.
Yh, there could be said that the entire world is seeing an economic crisis right now with all the lockdown cities across the Globe. Some industries though will prevail and those will be the ones where physically presence isn't necessary and remote working would be similarly productive. In anyway, it seems that the crypto market is holding up much better than the rest of the current fiat system and this would be a good moment to look for alternatives and realise crypto is one of them.
April 04, 2020, 04:45:45 PM
I will say that at the moment, it is causing a decrease but at the long run, no bull will be traced to it because it will not matter again when it dies down and also, it won't look like it had an effect to the business. It shouldn't have positive effect because it is not part of crypto business.
April 04, 2020, 12:28:12 PM
I hope that will be happened, since the crypto currency prices are still have a chance to increase more than their prices right now. I just weird as well, when this pandemic is spreading to all countries on this world and my broke their economic situation but crypto currency prices are still in a good trend. Bitcoin price as an example, its price has increased in yesterday for almost $500 and now its price is stable which I think many people there maybe have came to crypto and they are trying to safe their money. So as I have a prediction that this situation or pandemic coronavirus isn't give a bad thing for crypto currency.
April 04, 2020, 10:39:14 AM
Both.
Simple answer: A group of people is panicking and another group of people thought that crypto especially Bitcoin is a safe haven for their assets that's why they're now starting to convert their fiat to Bitcoin already, causing the demand to increase of course.
In any circumstances, people shouldn't worry about the effects of corona virus to crypto too much and focus more into their own survival instead.
Simple answer: A group of people is panicking and another group of people thought that crypto especially Bitcoin is a safe haven for their assets that's why they're now starting to convert their fiat to Bitcoin already, causing the demand to increase of course.
In any circumstances, people shouldn't worry about the effects of corona virus to crypto too much and focus more into their own survival instead.
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April 04, 2020, 08:50:36 AM
basically it has drastically crashed stock markets worldwide.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
Every possibility can happen, but we don't have to worry because if we are ready for the worst thing, I guess we can do something base on the current situation. We don't know if bitcoin and altcoin will make another correction, and we also don't know when bitcoin and altcoin will increase, but that time will come to us. People could attract to the crypto world if they see that the stock market crashes and needs a long time to recover. They will search for the other market, and somehow, they will come to the crypto. I am sure that when many of them coming to the crypto, the process of adoption will grow, we will see a rise of crypto again.
April 04, 2020, 08:42:17 AM
I do think neither increase nor decrease of the prices but rather it would actually make it more famous amongst people.
Corona virus is actually forcing people to look for more alternatives compared to the normal one's since , it have made people more open towards this thinking .
First there were a widespread resistance amongst the masses And now I do think one can agree on one thing , that is " Corona virus is making people more flexible" .
Indeed, Corona probably does not affect too much about the value of the crypto industry, it only makes the market almost fall into a state of freezing and more slowly in recovery and change when the currency cannot flow too much here, the decline in the Virus period was only a consequence after the bitcoin rise so fast, Corona has no role in this story. However, crypto industry has good luck in this bad situation, people are actually looking for more information about crypto as you say, they fear the currency they hold will lose value, they need a place to invest and store value that can be trusted as crypto Corona virus is actually forcing people to look for more alternatives compared to the normal one's since , it have made people more open towards this thinking .
First there were a widespread resistance amongst the masses And now I do think one can agree on one thing , that is " Corona virus is making people more flexible" .
April 04, 2020, 06:21:52 AM
I do think neither increase nor decrease of the prices but rather it would actually make it more famous amongst people.
Corona virus is actually forcing people to look for more alternatives compared to the normal one's since , it have made people more open towards this thinking .
First there were a widespread resistance amongst the masses And now I do think one can agree on one thing , that is " Corona virus is making people more flexible" .
Corona virus is actually forcing people to look for more alternatives compared to the normal one's since , it have made people more open towards this thinking .
First there were a widespread resistance amongst the masses And now I do think one can agree on one thing , that is " Corona virus is making people more flexible" .
April 04, 2020, 06:18:23 AM
I think good should be..
April 04, 2020, 05:54:58 AM
basically it has drastically crashed stock markets worldwide.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
The saying that riches are made during global crisis is true, however it's not for the common people or every investment options. The corona virus since it start has become a pandemic pushing the entire world into global crisis as we see more and more worldly activities being shut down everyday. The plain truth is, people will only have time for investments when their lives are not facing any threat and currently everyone is subjective to this virus and as such the entire world is not currently thriving. My take is if this pandemic continues, we shouldn't see any price surge in cryptocurrency
April 04, 2020, 05:30:22 AM
We weill see a 10k USD bitcoin again, I'm sure of it. The reason for this is constant money printing that governments are utilizing to keep the crisis at bay.
We can be sure that Bitcoin, being a deflationary currency, will go up in value, but we can't be sure when it will happen and how valuable will USD be at that point. You can expect that in a few years a bottle of wine that used to cost you $10 in 2015 will be $15 in 2025. If that same bottle that used to cost you 0.02 BTC in 2015 will cost you 0.002 BTC in 2025, will you be happy or not? You probably won't because it will mean BItcoin is worth just 5000 dollars, but if you understand how inflation works you should be.
We can be sure that Bitcoin, being a deflationary currency, will go up in value, but we can't be sure when it will happen and how valuable will USD be at that point. You can expect that in a few years a bottle of wine that used to cost you $10 in 2015 will be $15 in 2025. If that same bottle that used to cost you 0.02 BTC in 2015 will cost you 0.002 BTC in 2025, will you be happy or not? You probably won't because it will mean BItcoin is worth just 5000 dollars, but if you understand how inflation works you should be.
April 04, 2020, 04:31:09 AM
There is never a doubt that a pandemic has affected every market globally in a negative manner.It has brought never seen before financial crisis.Many People are facing challenges to even have a meal for one time.I don't think in such a chaos people will think of investing.The markets are uncertain be it crypto market or stock market.And possibility of people investing in crypto is even less due to the volatility of the crypto market.Right now people are fearing to investment any money.This can result in further decrease of market.
April 04, 2020, 01:06:05 AM
basically it has drastically crashed stock markets worldwide.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
From your statement, we can see that corona virus gives a negativr effect on the digital market. Though some of the transaction are being made online, but there are still transaction like converting bitcoin to fiat. Also I think that when this corona virus stops and get cured, the change in digital market will also be changed.
Not just the digital market that will change, but everything in the real-life will also normal again. The stock market crashes because people or traders are panic and worry, and they want to save their assets and money by panic selling so they can have money. But everything will be fine, and right now, we need to keep survive from the worst situations, and we should take care of our health first. The Coronavirus impact all things in all country, and many people die but that will not happens forever because someday, the people will all get cured.
April 03, 2020, 11:53:05 PM
basically it has drastically crashed stock markets worldwide.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
meaning you are referring to Halving since there is a mentioning about May?and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
anyone can give their own opinion and analyzation because this is a volatile market and it can be wrong in some chances it can be right .
the thing is before we speculate something like this much better if we are also investor here,because if not we are not helping at any point in market so we have no rights to even tell whats the future of the market.
April 03, 2020, 10:26:16 PM
basically it has drastically crashed stock markets worldwide.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
From your statement, we can see that corona virus gives a negativr effect on the digital market. Though some of the transaction are being made online, but there are still transaction like converting bitcoin to fiat. Also I think that when this corona virus stops and get cured, the change in digital market will also be changed.
April 03, 2020, 09:22:57 PM
basically it has drastically crashed stock markets worldwide.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
Basically, because of the pandemic, the government is forced to declare lockdown to contain the virus. This has slowed down business transactions, market rise, transportation, movement, and have made families and people scared and doubtful. Now, most crypto user are also businessmen. So consequently, transactions here in the crypto industry slowed down also because people are also panicking whether to sell, buy, or hold. We can just be sure that crypto transactions would boom again once the virus ended, and when people become more confident again on their transactions.
April 03, 2020, 01:07:20 PM
The year was expected big by people around the globe in terms of economic uplifting. The same is with the crypto market, but everything has happened in the opposite way with the corona virus. As there is complete lockdown throughout the world the consumer and the production industry has limited resources and very few sectors are functional to help people all around.
Until now there isn't big impact felt over the cryptocurrency market in accordance to the corona virus effect. Hope things will get better with time, and the recovery time can't be calculated based on the present situation prevailing around.
Until now there isn't big impact felt over the cryptocurrency market in accordance to the corona virus effect. Hope things will get better with time, and the recovery time can't be calculated based on the present situation prevailing around.
April 03, 2020, 12:49:12 PM
Obviously based on what we have been seeing the Corona virus brought a negative impact to the crypto Industry as well as to the many business because of it's lockdown from different part of the world and maybe this is one of the most problem because the industry of the cryptocurrency is currently facing a big problem due to this pandemic virus.
Yeah, so far we've seen a big decrease. However, Bitcoin went down from around $8k to $5k within a day, basically, but the trend did not continue. Moreover, after a week below $6k, Bitcoin managed to conquer this price and stabilize within the $6k-$6800 limits which is quite a fast and significant recovery. Since COVID-19 is probably going to be the #1 concern for months to come, the general tendency is unclear yet, and Bitcoin might go up. Not to mention that halving is getting closer, and many expect it to have its own positive impact. I guess we'll just have to wait and see because it does not seem possible to make an educated guess today. April 03, 2020, 05:00:21 AM
It's unfortunate seeing the market dwindling down from the time the pandemic was made opened by WHO. This has affected the general market and not only that of the cryptocurrency market, the stock market was also hit strong and still suffering from the ravaging pandemic.
For me, the cryptocurrency market has been the one growing in the face of this pandemic because the bullish was seen and would surface in due time. So, in general there's an increase in cryptocurrency. For Bitcoin to raise from $3900 to the current amount of $7000 is a plus for the cryptocurrency market.
For me, the cryptocurrency market has been the one growing in the face of this pandemic because the bullish was seen and would surface in due time. So, in general there's an increase in cryptocurrency. For Bitcoin to raise from $3900 to the current amount of $7000 is a plus for the cryptocurrency market.
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April 03, 2020, 04:30:07 AM
Its already obvious that the virus brought the crypto market down and not just crypto market but even the global stock market and the economy of the countries who are already affected by the virus EXCEPT CHINA!!!!!!!!.
For others/newbie investors, this down of the market may be a negative thing for them but for some of the investors out there this situation that happened to the market is a positive for him because it is the great time to accumulate more Bitcoin only if they have spare cash to use to buy on it.
The price of Bitcoin is slowly increasing after the big down of it that went its price to near $4000 price. As the halving comes near, I'm expecting that it will rise slowly but not expecting too much from it.
For others/newbie investors, this down of the market may be a negative thing for them but for some of the investors out there this situation that happened to the market is a positive for him because it is the great time to accumulate more Bitcoin only if they have spare cash to use to buy on it.
The price of Bitcoin is slowly increasing after the big down of it that went its price to near $4000 price. As the halving comes near, I'm expecting that it will rise slowly but not expecting too much from it.
April 03, 2020, 04:02:57 AM
Obviously this COVID-19 has a negative effects on the crypto industry, the price of different cryptocurrency goes down when this virus exists in different countries, if you are a person who is always observing the market then for sure you may say that this virus has negative effects on crypto.
But luckily, even the virus is still existing in different countries the price of bitcoin remains to 6,000$ and as of now it reaches 6.9k USD, that is still a big amount of money.
But luckily, even the virus is still existing in different countries the price of bitcoin remains to 6,000$ and as of now it reaches 6.9k USD, that is still a big amount of money.
April 03, 2020, 03:57:57 AM
Well obviously if you are obeserving the market and the price of different cryptocurrency then you would say that this COVID-19 really affects the crypto industry and even the real life system is also being affected by the virus, even we know that cryptocurrency is decentralized it is still included as being affected by the virus. There are so many people, investors, traders, players who get affected by this pandemic virus which results them to pulll out their money and converted it into fiat currency to have money that they can use to buy foods that theu will need to survive from crisis.
April 03, 2020, 03:45:50 AM
As what we are seeing about the market and cryptocurrency, this COVID-19 has a negative impact in crypto industry because the price of cruptocurrrency is being dumped since this virus attacks around the world. Before when this virus is not existing the price of the bitcoin ranges for about 10000$, that is the time when I am so happy because I earned money from my investments but when this virus exists the price of the bitcoin starts to fall, it reaches to the lowest price of 3900$ and I think this COVID-19 is one of the responsible why this thing happens.
April 03, 2020, 03:40:13 AM
I also think the price will get back to that level before the end of May. There's still so much time for it. That would still be a couple of months from now. Bitcoin has already touched $7,000 several hour ago. We are only at least $3,000 short of $10,000. The price could actually climb to $10,000 within the month. We have been pretty much horizontal for the past days with the price playing in between $6,000 and $6,700. Finally crossing $7,000 should be a good sign for a much higher climb.
April 03, 2020, 02:58:47 AM
I think the affected of the coronavirus on crypto is already over, the price has stabilized
April 03, 2020, 02:52:26 AM
$3,900 was likely the bottom of the crash and if it maintains at the price of $7,000, we should expect that the small bearish run is done. It's possible that we might see $10,000 again once everything settles after this covid-19 pandemic.
People will start to look for a way to get themselves back in investments and if they happen to see the bottom of bitcoin and sees the current price of it. They will not hesitate to partake the opportunity if they do more research as halving gets closer.
People will start to look for a way to get themselves back in investments and if they happen to see the bottom of bitcoin and sees the current price of it. They will not hesitate to partake the opportunity if they do more research as halving gets closer.
April 03, 2020, 02:11:45 AM
I think nothing good should be expected in the near future. BTC is a currency, but why do you need a currency if you have nothing to buy. I do not pretend to the truth.
April 03, 2020, 12:59:56 AM
basically it has drastically crashed stock markets worldwide.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
$10000 !! i think this is very unexpected in near future in BTC market price. But sure that market again recover but i think it also will take more time like December if everything goes well. Today also USA and Itely goes 1800 near death by COVID-19. So how we can guess that market will come very soon and $10000?
April 03, 2020, 12:58:30 AM
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
We are already a month away from May but still we are down by $3k, I am not pessimistic guy about this but this is purely speculation. The effecy of good news still outrun by a crisis that been experienced. Conclusion not always end up correct but still, we should be wary of much better reasoning. These are fundamentals we are talking about. Stocks are down get it. But it doesnt mean investors will jump ship on crypto right away.It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
The whole world is in shambles right now. Only the skeleton of the economy is up and running, mostly from food and healthcare industries and nothing else.
Precisely, if the crypto industry can move like thunder, then those down firms can recover but thats not the case as many are saving face and even funds here for a longer effect of corona. 
April 03, 2020, 12:33:31 AM
the effects are non-existent but of course when the global economy is crashing hard you couldn't expect bitcoin market to be completely unaffected. although seeing this big an effect is also unreasonable but we could explain it to some extent considering the manipulations and the small size of the market.
as for the "bottoms" i don't think altcoins, specially the "top" ones are anywhere near their bottom. in fact many of them are still in bubbles which need bursting. but bitcoin has been below its bottom ever since price dropped below $9k. which is the reason why we are seeing rises in the past 2 days despite the rest of the world still dumping.
as for the "bottoms" i don't think altcoins, specially the "top" ones are anywhere near their bottom. in fact many of them are still in bubbles which need bursting. but bitcoin has been below its bottom ever since price dropped below $9k. which is the reason why we are seeing rises in the past 2 days despite the rest of the world still dumping.
April 02, 2020, 11:45:33 PM
Obviously based on what we have been seeing the Corona virus brought a negative impact to the crypto Industry as well as to the many business because of it's lockdown from different part of the world and maybe this is one of the most problem because the industry of the cryptocurrency is currently facing a big problem due to this pandemic virus.
Well it does not fit the idea of corona virus as a deflationary matter to the bitcoin, we don't have much information to contain it however by our natural human instinct we mostly agree that the entire world is suffering from the pandemic and so the crypto world is, but I think the crypto space is perfectly normal and doing pretty as it needs to be because of speculation and volatility, nothing more nothing less. We have less information for any pandemic diseases like this to effect the prices since we are just a decade old and have not encountered this huge from the past yet.I think that it doesn't affect any factors in cryptocurrency just because the virus is still active but as the volatility of crypto is constant, and it will have much effect in the market. But this quarantine will make us more support the proper use of crypto in many transactions, we will know the true function of it for the community. Also mass adoption will be more promoted in each and every people that may know the value of cryptocurrency. There is a decrease and increase in crypto industry as this virus not only bad effect that can kill people, it makes people more united and coordinated as the government is really doing their best to fight this virus and also to control their economy. It is not that easy to manipulate an economy during a crisis that can involve a lot of people and also a stock market.
April 02, 2020, 11:19:42 PM
basically it has drastically crashed stock markets worldwide.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
Probably we are going to experience a lot of resistance in the market price of bitcoin and also a lot of dumps in the coming month for sure, Because a lot of economy of many countries are down because of the coronavirus.and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
For sure their are just so many factors affecting the market price of bitcoin and we cant really accurately predict what is going to be the market price of bitcoin in the coming months that but one thing is for the virus is affecting the market.
Yes, it is true that each and every country affected by this corona virus is also experiencing a problem in their economy, it includes the stock market of US as its cases is constantly increasing. US really underestimated the destruction that the virus can bring to its citizen because they didn't do some proper actions immediately during this pandemic. They ignore the news around the world because the US leader is irresponsible and racist that's why he belittled the Covid-19. The China is somehow recovering from the virus that came to them as their recovery almost equal to the number of cases in their country, also their stock market is stable and doesn't have any discrepancy before the virus occur. There are a lot of bitcoin miners in China and I think that contributes to some factor on how they manage to control and manipulate cryptocurrency in their market.
April 02, 2020, 11:14:24 PM
If the crypto industries have been in real life, of course, that will get the effect of coronavirus. But if the crypto industry is lived on the internet, then the effect is not too big to compare with real life. We know many industries in all country has got the effect. And many of them are shut down their business temporary. At this moment, the industry has been decreasing, but I am sure that it will get up again after we can survive and pass this test.
April 02, 2020, 11:01:31 PM
Well, obviously, the price did sink when the news about the pandemic became widespread and many people panic and sold-off. But that was like three weeks ago, and bitcoin so far have recovered from $3800 to $6600 already. So as for the effect? we have survived and bounce back.
However, there are a lot of uncertainty in the air, although there is block halving next month, we still don't know what's going to happen, we have hit 5 digits again, or the price will simply tank or go on a sideways.
However, there are a lot of uncertainty in the air, although there is block halving next month, we still don't know what's going to happen, we have hit 5 digits again, or the price will simply tank or go on a sideways.
April 02, 2020, 10:55:30 PM
Although it is too early to predict the effects that the Covid19 will leave and that will be negative in a large percentage. Being optimistic I could see a slight increase in the crypto industries.
We need FIAT to us be sure in this time of public health crisis that will turn the economy upside down and that is synonymous with unemployment and falling prices.
We need FIAT to us be sure in this time of public health crisis that will turn the economy upside down and that is synonymous with unemployment and falling prices.
April 02, 2020, 02:50:05 PM
basically it has drastically crashed stock markets worldwide.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
Can you be so sure in talks of bottom prices? That one doesnt fit out here on crypto space yet any support can be anytime be broken out.and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
Yeah we have seen on how this pandemic affect the traditional markets but doesnt mean that the money would flow here on crypto space
yet we know that people now are prioritizing on cashing out everything for survival.
Adoption is always on the move but it doesnt mean that we would see 10k price in the end of the month although this thing isnt
sure since this market is always been unpredictable.
April 02, 2020, 02:05:49 PM
Obviously based on what we have been seeing the Corona virus brought a negative impact to the crypto Industry as well as to the many business because of it's lockdown from different part of the world and maybe this is one of the most problem because the industry of the cryptocurrency is currently facing a big problem due to this pandemic virus.
Well it does not fit the idea of corona virus as a deflationary matter to the bitcoin, we don't have much information to contain it however by our natural human instinct we mostly agree that the entire world is suffering from the pandemic and so the crypto world is, but I think the crypto space is perfectly normal and doing pretty as it needs to be because of speculation and volatility, nothing more nothing less. We have less information for any pandemic diseases like this to effect the prices since we are just a decade old and have not encountered this huge from the past yet. April 02, 2020, 01:59:13 PM
The whole world is in shambles right now. Only the skeleton of the economy is up and running, mostly from food and healthcare industries and nothing else. As you can see, everyone even in the stock markets isn't doing pretty well. The prices for crypto is also currently doing sideways, with little dips here and there indicating that there's not much going on. Volumes are also on the low across all exchanges and frankly everyone seems to be just busy surviving day by day. I do not expect any major movements for bitcoin or any other crypto in any way in the nearest future, seeing how dead everything seems atm.
April 02, 2020, 10:55:46 AM
basically it has drastically crashed stock markets worldwide.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
Probably we are going to experience a lot of resistance in the market price of bitcoin and also a lot of dumps in the coming month for sure, Because a lot of economy of many countries are down because of the coronavirus.and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
For sure their are just so many factors affecting the market price of bitcoin and we cant really accurately predict what is going to be the market price of bitcoin in the coming months that but one thing is for the virus is affecting the market.
April 02, 2020, 10:32:44 AM
the impact of the coronavirus pandemic has a negative and detrimental effect on the crypto industry, for example China has a variety of crypto industries and blockchain companies.
Chinese crypto and blockchain companies temporarily stop workers and allow workers to go home and work at home to anticipate the spread of the coronavirus.
This certainly creates a bit of a problem in the crypto industry because workers only do their work from home and are not very responsive.
This drastic decline makes the crypto industry must survive in the midst of this pandemic.
but on the other hand there are many who are interested in cryptocurrency because people in their homes are starting to learn about cryptocurrency, a step to legalize crypto taken by India and Korea is the right step.
Chinese crypto and blockchain companies temporarily stop workers and allow workers to go home and work at home to anticipate the spread of the coronavirus.
This certainly creates a bit of a problem in the crypto industry because workers only do their work from home and are not very responsive.
This drastic decline makes the crypto industry must survive in the midst of this pandemic.
but on the other hand there are many who are interested in cryptocurrency because people in their homes are starting to learn about cryptocurrency, a step to legalize crypto taken by India and Korea is the right step.
April 02, 2020, 09:52:03 AM
Obviously based on what we have been seeing the Corona virus brought a negative impact to the crypto Industry as well as to the many business because of it's lockdown from different part of the world and maybe this is one of the most problem because the industry of the cryptocurrency is currently facing a big problem due to this pandemic virus.
April 02, 2020, 09:45:54 AM
basically it has drastically crashed stock markets worldwide.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
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