What if Covid 19 broke the 4 year market cycle?

wxa7115

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Quote from: zaesvlas on November 29, 2021, 12:42:33 PM

Judging by the latest news, this may even be a very real scenario. I just watch that once a year a new strain is found steadily.

Many new variants have been found as the virus is mutating very rapidly, however we only learn of the dangerous variations that eventually emerge, this is the case right now with omicron which has the whole world worried about, politicians are claiming the vaccines are still effective but this is not a sure thing so the markets and the scientific community are extremely worried.

And even if the vaccines are effective how long it will take until a new variant appears that is immune to the vaccines? And when that happens it is possible we will have to go back to the lockdowns we suffered for months, and that will happen with a world economy that is many times weaker than when all of this began.

blockman

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Quote from: Sihab76 on December 02, 2021, 08:28:53 AM

Quote from: Maslate on December 02, 2021, 08:16:48 AM

Covid-19 even helps bitcoin to reach a new ATH, so I think we are safe even with covid-19 is still here. Also, experts already found the vaccine for the virus, so we are like living a normal life again although there are still some restrictions, and while our economy is recovering, it's a good help for crypto and for the stock market as people will start investing again.

There is a lot of logic to your words because the cryptocurrency market has improved a lot in the run up to Corona. Despite the global economic downturn caused by the Karna virus, cryptocurrency has not been affected.

Despite the covid-19 has come to the world, most markets were affected. The entire economy of each country has been down but the crypto market has remained to be stable and even became better during it.
We're about to get out of this pandemic soon but I just don't like the new measures that has been set for most countries, so if you're going to go in another country, there's another set of rules that you have to follow despite vaccinated or not.

2double0

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Quote from: beerlover on December 02, 2021, 04:08:28 PM

Unfortunately there are thousands of people dying every single day, it is just very upsetting to see that happen, but it just happens and we have to accept the fact that we are not doing enough to stop this. Normally in a perfect world, we would have a situation where everyone would stay either at home, or a place work provides and everyone keeps doing everything without ever getting close to each other and everything stops.

We just do bare minimum working to survive, like grocery stores and hospitals would still work, but even grocery stores would turn online and nobody has to leave their house and everything would be perfectly ready.
<<>>

Nobody is ready to understand the seriousness of situation as how it is going, how people are getting affected, how new variants are killing even vaccinated people on a daily basis, etc. because people have that itch in their asses that make them get out of their home only because they saw decline in cases. But again, as cases are increasing, possibilities are endless for a lockdown and if it is imposed in major countries again, then market prices of anything will suffer.

beerlover

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Unfortunately there are thousands of people dying every single day, it is just very upsetting to see that happen, but it just happens and we have to accept the fact that we are not doing enough to stop this. Normally in a perfect world, we would have a situation where everyone would stay either at home, or a place work provides and everyone keeps doing everything without ever getting close to each other and everything stops.

We just do bare minimum working to survive, like grocery stores and hospitals would still work, but even grocery stores would turn online and nobody has to leave their house and everything would be perfectly ready.

Truckers and shelf fillers and all of that retail workers would end up working separately and never around each other, and all of them would be provided with either a car, or another way of transportation so they wouldn't meet with anyone, everyone else would be at home, working online, and we would do this for 6 months globally with lockdown and not a single soul would be allowed to not get vaccinated. In that case we would see under 100 death per day, instead of 10k, but unfortunately we are not ready for that, even a few months almost caused riots and that was even without vaccination.

doremonchina

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The quantity of COVID-19 affirmed cases has outperformed 262 million around the world, with the loss of life surpassing 5.2 million yet presently Improving yet weak credit markets. We enter 2022 with generally sure credit force reflecting good financing conditions and an amazing monetary recuperation This could be wrecked if perseveringly high expansion pushes national banks to forcefully fix money related approach setting off huge market instability and repricing chances New COVID-19 variations could likewise subvert certainty and recuperation prospects The most fragile spaces of credit showcases frequently still profoundly touchy to the continuous effect of the pandemic are most uncovered especially exceptionally utilized corporates and some developing business sectors.

geegaw

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Quote from: Maslate on December 02, 2021, 08:16:48 AM

Covid-19 even helps bitcoin to reach a new ATH, so I think we are safe even with covid-19 is still here. Also, experts already found the vaccine for the virus, so we are like living a normal life again although there are still some restrictions, and while our economy is recovering, it's a good help for crypto and for the stock market as people will start investing again.

Yes, Covid is like a drill that pierces doubts and helps people ignore bad prejudice against bitcoin, it forces people to stay at home to study more about making money online and from there get the basics of bitcoin, the new ATH is the achievement of this somewhat binding campaign but after all, the satisfaction of everyone from old to new is very high. But this too much help is forming poison, Covid is getting more serious and vaccines from experts are not keeping up with Covid's regeneration and renewal, gloom and crisis are once again enveloping

Sihab76

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Quote from: Maslate on December 02, 2021, 08:16:48 AM

Covid-19 even helps bitcoin to reach a new ATH, so I think we are safe even with covid-19 is still here. Also, experts already found the vaccine for the virus, so we are like living a normal life again although there are still some restrictions, and while our economy is recovering, it's a good help for crypto and for the stock market as people will start investing again.

There is a lot of logic to your words because the cryptocurrency market has improved a lot in the run up to Corona. Despite the global economic downturn caused by the Karna virus, cryptocurrency has not been affected.

Maslate

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Covid-19 even helps bitcoin to reach a new ATH, so I think we are safe even with covid-19 is still here. Also, experts already found the vaccine for the virus, so we are like living a normal life again although there are still some restrictions, and while our economy is recovering, it's a good help for crypto and for the stock market as people will start investing again.

dimonstration

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Quote from: Mpamaegbu on November 23, 2021, 12:07:25 AM

What if we've Ebola or any other deadly contagious disease worse than Covid19 out there before the next circle? What if this earth comes to an end before then? What if... Well, it goes to show how uncertain life in general can be. I mean, no one saw this present situation coming during the last Bitcoin halving. No one predicted the globe was going to be hit by this pandemic. But the reality is here now with us. However, let me state speedily that Coronavirus hasn't been gloomy for the crypto industry, at all. If anything, it helped boost it during the days of "stay at home and isolate" A lot of people found solace in online businesses and Bitcoin and the crypto industry became a hive of a sort.

The fact that everything happens via online now helps bitcoin or crypto to be more popular as we are finding much better way to lessen the hassle of mobile banking or bank transactions. The market become popular to those who want to stay away from stocks decline. Covid 19 is a global crisis that affects every economy good thing during pandemic there are personalities who proves that there is profit in crypto and many coins got hype during pandemic.

zaesvlas

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Judging by the latest news, this may even be a very real scenario. I just watch that once a year a new strain is found steadily.

wxa7115

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Quote from: jaberwock on November 24, 2021, 04:09:22 PM

Quote from: o48o on November 09, 2021, 06:37:48 AM

I know we are assuming that btc cycle lenght is based on Bitcoin technical FA (halvenings) and that real world events would not affecting the cycle lenght. But Covid 19 just halted nearly everything in this planet for a very long time, so why wouldn't it affect all market cycles with it? Bitcoin wouldn't live in the vacuum when it comes to market conditions.

Well,you’re kind of right about that, it seems like the COVID-19 that took place last year disrupted a lot of things. The price of Bitcoin normally would have been going down heavily by now, as it would usually face a serious market correction after the bull run takes place. But this year has been quite different as the market keeps on increasing, even after it has reached an all time high price twice.

It has been around $57,000 as of recent, and this was the same thing that happened before it reached another all time high price, so I am also assuming that it might as well move up again and hit another high price again which this time around is going to be around $70,000. Or maybe it is quite possible that the bull run is over now.

The pandemic is the very definition of a black swan. It came out of nowhere and it is affecting every single aspect of our lives, however despite all of this bitcoin has held strong and it is doing a way better job at maintaining and increasing its value than traditional currencies.

This tells me that the pandemic has in fact changed the game and since bitcoin was born after the 2007 and 2008 economic crisis we suffered then it makes sense that it can resist so well such a large impact from a black swan, and if the economy keeps facing such huge issues to recover then it is possible the price of bitcoin will keep increasing, defying the 4 year market cycle in which bitcoin has been since its creation.

nicolerichardson

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The Crypto market has been trending upwards for a while now. The pandemic helped cryptocurrencies on their way up and is today more profitable than traditional investments.

elisabetheva

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Quote from: TelolettOm on November 22, 2021, 06:12:09 PM

Many countries have recovered from Covid although some are still struggling. There are of course some conditions where there will be another upcoming covid19 waves moreover in the end of the year and also other big holidays.
However so far, Covid19 doesn't really give bad impact to crypto market.
It seems that the price still keep rising up during covid19, precisely, keeping up again and again.
For, many people prefer to stay working only and turn their investment also on crypto.

Yes we can see that since the pandemic many people have started to be interested in crypto,
and we cannot deny that the pandemic has had a fairly positive impact on crypto,
apart from that I really hope that conditions can return to normal and in the future crypto will continue to develop

there is no survey that states that there is an increase in usage during a pandemic, but many transactions during a pandemic are likely to occur, because crypto players are making transactions in crypto more often. but the addition of people joining crypto doesn't seem significant. because how do they want to do activities if they themselves are also in trouble with finances which may be a priority scale.

but I agree with the pandemic, many are starting to understand what crypto is but can't directly interact quickly and need to adjust to the situation where at that time also in difficult financial times.
This is just my perception, who knows it could be wrong.

jaberwock

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Quote from: o48o on November 09, 2021, 06:37:48 AM

I know we are assuming that btc cycle lenght is based on Bitcoin technical FA (halvenings) and that real world events would not affecting the cycle lenght. But Covid 19 just halted nearly everything in this planet for a very long time, so why wouldn't it affect all market cycles with it? Bitcoin wouldn't live in the vacuum when it comes to market conditions.

Well,you’re kind of right about that, it seems like the COVID-19 that took place last year disrupted a lot of things. The price of Bitcoin normally would have been going down heavily by now, as it would usually face a serious market correction after the bull run takes place. But this year has been quite different as the market keeps on increasing, even after it has reached an all time high price twice.

It has been around $57,000 as of recent, and this was the same thing that happened before it reached another all time high price, so I am also assuming that it might as well move up again and hit another high price again which this time around is going to be around $70,000. Or maybe it is quite possible that the bull run is over now.

tygeade

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Quote from: Mpamaegbu on November 23, 2021, 12:07:25 AM

What if we've Ebola or any other deadly contagious disease worse than Covid19 out there before the next circle? What if this earth comes to an end before then? What if... Well, it goes to show how uncertain life in general can be. I mean, no one saw this present situation coming during the last Bitcoin halving. No one predicted the globe was going to be hit by this pandemic. But the reality is here now with us. However, let me state speedily that Coronavirus hasn't been gloomy for the crypto industry, at all. If anything, it helped boost it during the days of "stay at home and isolate" A lot of people found solace in online businesses and Bitcoin and the crypto industry became a hive of a sort.

Ebola has been around for a while and it did not really change much to be honest. There could be even worse pandemic after this one, however I do not think that it would be the same, we have international travel a lot more compared to history and that is why the spread was a lot easier, people move around like crazy and they spread it to every other nation. However it is a 4 year cycle, and I doubt that we are going to get a worse one before the next cycle, hell I am not sure if this one will be over by that time.

It means that we need to learn to live with pandemic, masks on at all times, social distancing and all that. We are not as careful as we used to be, I went to the gym other day and nobody wore masks, it would be horrible to run on the treadmill with a mask anyway so I took mine off as well. But, it is still a "care" thing, we still need to be careful.

wxa7115

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Quote from: TelolettOm on November 22, 2021, 06:12:09 PM

Many countries have recovered from Covid although some are still struggling. There are of course some conditions where there will be another upcoming covid19 waves moreover in the end of the year and also other big holidays.
However so far, Covid19 doesn't really give bad impact to crypto market.
It seems that the price still keep rising up during covid19, precisely, keeping up again and again.
For, many people prefer to stay working only and turn their investment also on crypto.

We are still not out of the pandemic, just yesterday the European markets went down as investors are worried about what is happening there and the 4th wave, if to this we add inflation and the fact that many workers are not responding to the economic signals and are still unemployed despite the fact there are many positions available then this does not give us a picture of the world economy as recovering from the pandemic.

However economic uncertainty is good for bitcoin, and the more people are afraid of a possible collapse the higher the price of bitcoin will be, so this plays in our favor.

Mpamaegbu

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What if we've Ebola or any other deadly contagious disease worse than Covid19 out there before the next circle? What if this earth comes to an end before then? What if... Well, it goes to show how uncertain life in general can be. I mean, no one saw this present situation coming during the last Bitcoin halving. No one predicted the globe was going to be hit by this pandemic. But the reality is here now with us. However, let me state speedily that Coronavirus hasn't been gloomy for the crypto industry, at all. If anything, it helped boost it during the days of "stay at home and isolate" A lot of people found solace in online businesses and Bitcoin and the crypto industry became a hive of a sort.

Slow death

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if there is something that benefits from covid and that something is bitcoin, when people are at home they are on the internet searching for various things and with that they can come across bitcoin and buy bitcoin. when people lose jobs they look for a way to earn money and with this pandemic many people lose jobs and there are people who decided to invest in bitcoin, the pandemic was something beneficial to bitcoin.

Quote from: TelolettOm on November 22, 2021, 06:12:09 PM

Many countries have recovered from Covid although some are still struggling.

the rich countries took all the vaccines and vaccinated their people and opened the trade to recover while the poor countries that don't have much vaccine continue with the same measures and their economy is deteriorating

TelolettOm

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Many countries have recovered from Covid although some are still struggling. There are of course some conditions where there will be another upcoming covid19 waves moreover in the end of the year and also other big holidays.
However so far, Covid19 doesn't really give bad impact to crypto market.
It seems that the price still keep rising up during covid19, precisely, keeping up again and again.
For, many people prefer to stay working only and turn their investment also on crypto.

sheenshane

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Quote from: ?? on ??

Well, I don't think there is any chance the market will get broken. I mean, let's be objective since the pandemic started, the crypto market only got more substantial and more popular. I mean, more and more people are interested in crypto, and not only young people but experienced businessmen as well!

Because most of the transactions are getting online now, many started to adopt cryptocurrency and Bitcoin and since during the pandemic we are able to reach the peak I think the cycle continues for good and this pandemic will be remembered as a great start for huge Bitcoin adoption. We’re into correction right now just like a normal cycle but I think after this, we will rise again and since we are still on Pandemic making transactions online are still necessary for a more convenient way.

I tend to agree and not only by that, but we are also in the digital transactions since we don't want a physical contact like using a traditional currency which is fiat. As I noticed, all digital currencies have been increased usage including cryptocurrencies like Bitcoin. The price was increased because it triggered the pandemic covid-19 which is until now we still using it.

There could be a worst but it's not painful like a few years past because as we can see there are too many adoptions in most countries and a lot of good news happening around us. So I think pandemic was also the reason it has a wide adoption because of this electronic cash and Bitcoin is one of them.

Topic: What if Covid 19 broke the 4 year market cycle? (Read 392 times)