I do not believe it will be a year away, widely available could be a year away but available will not be a year away. There are literally thousands of scientists who are working on solving this right now, this is not cancer nor aids, this has some sort of result and we will have a medicine for this, there is already talks about combining two drugs together does help people, not a 100% solution just yet but it does help, means if the scientists of the world get together they can combine those two drugs together and make one drug that cures this disease.
I am not saying it will be very quickly but I see it 4-6 months away instead of 1 year. By the end of this summer we should have some sort of drug that helps people, and before 2021 this disease will be something simple you can beat with a drug.
Topic: What do you think? (Read 624 times)
When do you guys really think that a cure will be available? That might change too many things going around.
a widely available vaccine is probably at least a year away, probably longer. that's why the quarantines and shutdowns are so severe, because there is no safe path to herd immunity in the short term.
there are several antiviral drugs that could help to treat the infection. those can be approved and distributed much faster than a vaccine. remdesivir, chloroquine, and favilavir seem to be showing promise: https://www.clinicaltrialsarena.com/analysis/coronavirus-mers-cov-drugs/
The market price still at strong from $6.2k to $6.8k, is working against the falling market.
Soon enough the bitcoin will rise to $7000 again, actually we already reach $7100 but price just fall back again, but I am positive price will start rising soon. I believe there is a chance for the market to rise and the demand will increase because might people will think about its uses and use it either as the situation continues.
Demand will always increase because crypto is good, but we can't eliminate the manipulators of the market which are the reason why there are big pumps and dumps and thus it makes the market unstable.
When do you guys really think that a cure will be available? That might change too many things going around. I understand that french found the "cure" but they are still doing basically a test right now, sure it is looking like its working and sure it is probably a solve to this and maybe they can find one drug to combine them both and make it a corona killing drug but that may take some time.
Think this way: all the non-urgent drugs, they go through hoops of many many stuff and eventually they all get accepted in months of work probably years of work, so when we are talking about this one, it may get accepted a lot quicker but it may also still take at least a month before it is available all around the world. I think the earliest 100% treatment would be probably by June.
Think this way: all the non-urgent drugs, they go through hoops of many many stuff and eventually they all get accepted in months of work probably years of work, so when we are talking about this one, it may get accepted a lot quicker but it may also still take at least a month before it is available all around the world. I think the earliest 100% treatment would be probably by June.
I also believe there is no such thing as connection to the two.
But when you see the whole world economy falling then there might be some.
Bitcoin is not part of the world, there is no denying that since it also reacts to what is happening into it specially in the financial industry.
There will always be a time where it will pick up its broken pieces.
What we need to worry by now is survive this pandemic. Somewhere in the future bitcoin will be back and maybe stronger.
Yeah, the continuous increase of virus infection means a lot and baldy affect the market health not only for crypto but also for the global market. But when you see the whole world economy falling then there might be some.
Bitcoin is not part of the world, there is no denying that since it also reacts to what is happening into it specially in the financial industry.
There will always be a time where it will pick up its broken pieces.
What we need to worry by now is survive this pandemic. Somewhere in the future bitcoin will be back and maybe stronger.
We don't want the market to suffer like this but it can't and more crypto holders are now selling their coins for the sake that to save their lives. We can, therefore, expect a drop but not actually a case that we can't stand back and no way to recover.
The market price still at strong from $6.2k to $6.8k, is working against the falling market. I believe there is a chance for the market to rise and the demand will increase because might people will think about its uses and use it either as the situation continues.
I also believe there is no such thing as connection to the two.
But when you see the whole world economy falling then there might be some.
Bitcoin is not part of the world, there is no denying that since it also reacts to what is happening into it specially in the financial industry.
There will always be a time where it will pick up its broken pieces.
What we need to worry by now is survive this pandemic. Somewhere in the future bitcoin will be back and maybe stronger.
But when you see the whole world economy falling then there might be some.
Bitcoin is not part of the world, there is no denying that since it also reacts to what is happening into it specially in the financial industry.
There will always be a time where it will pick up its broken pieces.
What we need to worry by now is survive this pandemic. Somewhere in the future bitcoin will be back and maybe stronger.
Given how these two variables seem to be related, do you think the market will fully recover once the problem with regards to the emergence of Corona Virus is resolved? or there are other factors which may trigger an uprise or keep the market low-still?
From the start, I also thought that Covid 19 has nothing to do with it but after seeing every market is crashing and the cause is uncertainty people are in a hurry to liquidate, but once they see a glitter of hope the market quickly recovers, and the momentum will still grow up in the coming weeks or months and after the halving, we'll see a dramatic change.
If price should really be stopped there or would continue to dump.I dont really believe that only who do panic do able to sell-off their holdings even hodlers do surely sell off a bit of their
coins.
Me also didnt expect that Corona virus did put much affect not only on crypto market but also on other traditional markets as well.
Given how these two variables seem to be related, do you think the market will fully recover once the problem with regards to the emergence of Corona Virus is resolved? or there are other factors which may trigger an uprise or keep the market low-still?
From the start, I also thought that Covid 19 has nothing to do with it but after seeing every market is crashing and the cause is uncertainty people are in a hurry to liquidate, but once they see a glitter of hope the market quickly recovers, and the momentum will still grow up in the coming weeks or months and after the halving, we'll see a dramatic change.
I feel the price of bitcoin dipping is as a result of panic from investors who believe the pandemic will affect it. It's in people's nature to panic for no reason. The panic buying of tissue paper is a good example 
Moreover, the price of Bitcoin is not the only 'product' or investment that went on a slump since the virus started. Some businesses have noticed an improvement, while for others, it is the opposite. There are also changes in the stock market; some stock investors notice an increase while it the opposite for some.
Moreover, the price of Bitcoin is not the only 'product' or investment that went on a slump since the virus started. Some businesses have noticed an improvement, while for others, it is the opposite. There are also changes in the stock market; some stock investors notice an increase while it the opposite for some.
This time, we see a strong movement from bitcoin. The price can jump through the higher price, and the bitcoin price already breaks $6,7-- but we are now seeing bitcoin price reach $6,500 - $6,600 price level so the chance for bitcoin price to break $7,000 will be still wide open. We can hope that this month can bring new hope to us and bitcoin price rise again. We still need to watch out of the market because the price can move to anywhere, so we need to be ready for that.
I am currently bullish on bitcoin and hoping the market recover soon. We don't have any reason why bitcoin should fall and going below $4000 is out of the equation. Bitcoin might get better before the halving if the covid19 pandemic is reduced to controllable major.
Bitcoin is moving in the right direction, but the major problem with the current situation of the world, every day we see more infected people which makes the affected people are increasing and this makes how long this lockdown will continue. As of now, Bitcoin is strong at the current value, but whether it will continue at the current price we have to wait and see.We should also always look for a long term here, we are in Bitcoin and we all know that we are still in the early age of this.
Falling prices on Bitcoin these days is kinda normal, but if you will don't mind it and continue to hold, no panic, avoid watching charts every time, you are safe.
I am currently bullish on bitcoin and hoping the market recover soon. We don't have any reason why bitcoin should fall and going below $4000 is out of the equation. Bitcoin might get better before the halving if the covid19 pandemic is reduced to controllable major.
Bitcoin is moving in the right direction, but the major problem with the current situation of the world, every day we see more infected people which makes the affected people are increasing and this makes how long this lockdown will continue. As of now, Bitcoin is strong at the current value, but whether it will continue at the current price we have to wait and see.
Bitcoin is going strong and that is good and despite of the current situation, I don't think it will be able to stop bitcoin.
It's been proven that bitcoin is not correlated with stocks or anything, it has its own movement and most of the time it move opposite on what we are expecting, the problem we are facing now is very serious, stocks are falling while bitcoin is still start and slowly recovering.
This article is very interesting on how bitcoin beat Dow and S&P 500 in the first quarter
https://www.cnbc.com/2020/04/01/bitcoin-beats-dow-sp-500-stock-indices-in-first-quarter-2020.html
I am currently bullish on bitcoin and hoping the market recover soon. We don't have any reason why bitcoin should fall and going below $4000 is out of the equation. Bitcoin might get better before the halving if the covid19 pandemic is reduced to controllable major.
Bitcoin is moving in the right direction, but the major problem with the current situation of the world, every day we see more infected people which makes the affected people are increasing and this makes how long this lockdown will continue. As of now, Bitcoin is strong at the current value, but whether it will continue at the current price we have to wait and see.
Everyone thinks that corona will be "gone", it is not something that goes away, this is a virus and as long as there is at least 1 person who is infected in the world, there will be corona going on, and believe me there will be people with corona all around the world at all times forever from now on, it will never go away. Look at ebola, look at swine flu, look at others they are all still around, most noticeable we still have influenza, after ALL these years, why? Because, it never fully goes away.
We will just learn to live with it, it will not be as harsh as this and we will have cures and treatments for it basically it will be a hard flu and you will recover instead of thousands of people dying every single day, but we will still have corona that just kills a lot less people.
We will just learn to live with it, it will not be as harsh as this and we will have cures and treatments for it basically it will be a hard flu and you will recover instead of thousands of people dying every single day, but we will still have corona that just kills a lot less people.
I'm going for a inverted DCA strategy, where I will sell fractions of bitcoin each month.
I think its the best way to get out. If you sell all of a sudden, and the government decides the COVID-19 drill is over, the price will certainly go up, and you will lose profits (or the opportunity to mitigate losses). A inverted DCA is as good for a bear market as a standard DCA is for a bull market.
I think its the best way to get out. If you sell all of a sudden, and the government decides the COVID-19 drill is over, the price will certainly go up, and you will lose profits (or the opportunity to mitigate losses). A inverted DCA is as good for a bear market as a standard DCA is for a bull market.
Are you telling me the bubble popped in December 2017 and you waited until now to start selling?
I remember in February there was a 6% June futures premium and I think it hit like $11.5K at once point and would of been a very good price to sell, selling right now doesn't make sense. You might as well wait and see what happens during halving. Right now is a time to buy if anything.
Given the short term (daily and 4-hour) downward momentum, I think it's likely we can buy in the $5,000s and possibly $4,000s. We are currently at the upper end of a newly defined range.
I too, didn't believed at that there is a correlation between the two varible: the virus and the standing of Bitcoin but, as the virus spreads even more and has affected a lot of countries, the price of Bitcoin dips to $3,500. As the Bitcoin market gradually increases in its price, we could totally say that the infected countries are now recovering from the effects of the pandemic, and if this continues, we could expect a massive pump in the price of the coin because of the halving event + the impending demands from the people who are now in quarantine.
At first I did not believe that there is a correlation between the market price of cryptos and the virus itself because the moment it caught the attention of the 'masses' there's nothing much of a movement in the market value of cryptos. But things have changed when the virus was classified as 'Pandemic' by World Health Organization,in March 11, as reported in CBC News. Consequently, the market price of cryptos fell in March 12
This chart is really true, we saw bear movements here. After the $10,000 was rejected and fall it below $8,000, I have become a bear on that level and this recent case of coronavirus (covid19), Bitcoin really did a bloody move falling below $4,000 in just span of 24 hours which is also good to recover and bounced back now on $6,000 levels.For me, as we don't break the trendline above, Bitcoin will continue to suffer these coming days.
I'm going for a inverted DCA strategy, where I will sell fractions of bitcoin each month.
I think its the best way to get out. If you sell all of a sudden, and the government decides the COVID-19 drill is over, the price will certainly go up, and you will lose profits (or the opportunity to mitigate losses). A inverted DCA is as good for a bear market as a standard DCA is for a bull market.
I think its the best way to get out. If you sell all of a sudden, and the government decides the COVID-19 drill is over, the price will certainly go up, and you will lose profits (or the opportunity to mitigate losses). A inverted DCA is as good for a bear market as a standard DCA is for a bull market.
This is a good strategy however not in a bear market like we are right now. You should of been doing this inverted DCA selling when we were hitting new highs at the beginning of the year or in the middle of 2019. Selling little by little right now is better than selling everything at once because it could go down further however the price is pretty low right now compared to how we were easily over $10K a few times in the last year.
I keep telling people that it doesn't hurt to take profit. I remember in February there was a 6% June futures premium and I think it hit like $11.5K at once point and would of been a very good price to sell, selling right now doesn't make sense. You might as well wait and see what happens during halving. Right now is a time to buy if anything.
Cure and treatment are totally two different things that people need to understand at this point. When you give people these medicine they are not suddenly cured, it is not suddenly all sunshine and rainbows for them, but does it make them better? It definitely does.
What we normally had before all of this was keep the people who got corona alive as long as possible until their body could counter a measure for the virus and fight it back, if you have a virus long enough your body adjusts to it and fights it off and you get better, some old people doesn't have that much of a good immunity so they can't survive long enough and they end up dying, those are the people who die right now.
If we get a "treatment" even if it is not a cure, we could save "some" of those people, not all but some could survive longer enough to get their immune system up and running.
What we normally had before all of this was keep the people who got corona alive as long as possible until their body could counter a measure for the virus and fight it back, if you have a virus long enough your body adjusts to it and fights it off and you get better, some old people doesn't have that much of a good immunity so they can't survive long enough and they end up dying, those are the people who die right now.
If we get a "treatment" even if it is not a cure, we could save "some" of those people, not all but some could survive longer enough to get their immune system up and running.
I'm going for a inverted DCA strategy, where I will sell fractions of bitcoin each month.
I think its the best way to get out. If you sell all of a sudden, and the government decides the COVID-19 drill is over, the price will certainly go up, and you will lose profits (or the opportunity to mitigate losses). A inverted DCA is as good for a bear market as a standard DCA is for a bull market.
I think its the best way to get out. If you sell all of a sudden, and the government decides the COVID-19 drill is over, the price will certainly go up, and you will lose profits (or the opportunity to mitigate losses). A inverted DCA is as good for a bear market as a standard DCA is for a bull market.
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