Topic: Where will we stand at the end of pandemic? - page 2. (Read 431 times)

     Well, it clearly depends on how long this pandemic lasts or when the actual vaccine will be made and distributed all over the world. The way I see it, if this pandemic goes on any longer, I believe that people will be forced to remove investments specially those small time investors. But on the other hand, if this pandemic ends earlier, then we may see a huge pour of investments days or months after because people will be more desperate to find more ways to earn money. Even now, people all over the world are being more open minded in online businesses or any other online jobs and investments. What more when people who used to be well employed suffer? This will definitely force a lot of them to find other ways to earn while trying to find other physical jobs. That is how I think things will turn out one way or another.

America failed because many people doesn't follow the protocol there are so many self entitled person who think they can't be infected nor downplaying the virus. So for this kind of attitude of american's for sure thy will fail as well on their economical status. The vaccine is the only hope by now since if the discovery will prolong we will suffer from economic disaster nor other bad effects came from it.

I think the worst is yet to come if there will be another wave of covid-19. In my country, the pandemic is the reason why many businesses are still not open and why many people lose their regular jobs. If there will be another wave on my country, we are done because our government have now high debt and cannot give assistance anymore to its citizens that are really affected.

But the good thing is, there is now major business not only in our country but all over the world are starting to operate again. The re opening of different economies are important.

I'm not sure if you'd call this a full lockdown since not all non-essential businesses are being forced to close, but this doesn't bode well:


https://www.cnn.com/2020/07/14/investing/premarket-stocks-trading/index.html

Same as March, other states probably aren't far behind given the trend of the disease.

The trend of large school districts staying closed in the fall is also worrisome to me. To a degree, I think the stock market recovery has been predicated on the notion that schools will reopen next year. If they stay closed across the country, that's tens of millions of workers who have to care for their children instead of sending them to school. Collectively they will no doubt be working much less hours as a result, and that will have material effects on the expected economic recovery.

This is what we do currently seeing when in talks of market condition on where it do able to withstand or able to hold in spite of the current condition we are on.It didnt crash hard unlike on other
stocks or forex that we have seen that had been greatly affected. Profits would really be given out to those people who do held strong even upto now and to those people who do able to accumulate
when the price did go low.In terms of investment aspect then people who do see an opportunity will surely benefit out when the market tends to shift once again but for now we are on the sideways
movement and the thing we do need to do is to wait up for these global crisis to be over and start all over in terms of investment aspect.

The pandemic has put fears into peoples mind, not to invest or to spend unnecessarily. People are now trying to make earns meet first before any other thing. Investing in bitcoin is the last thing on peoples mind as it stands now. It will be difficult for a newbie to use the money meant for his or her upkeep during this pandemic to invest in a long term investment like bitcoin, no matter how bullish bitcoin seems.

There is a big difference between the economical problems that you feel, and economical index of countries. Just to give an example, if 3 super rich people make 100 billion dollars each, that 300 billion dollars richer in economy as overall and that means financially nation will look like it is improving, while everyone else could lose 50 bucks overall and that wouldn't change anything about it.

So, as you can see everyone got poorer and only 3 people got richer but economy "looks" better. What bitcoin works is right at that moment, it works when they say "it is doing better" but it is actually not, and it works when everything is actually for real getting better. How will it be when poor people are poorer but also rich are poorer, basically everyone is poorer, I do not know.

I'm more concerned with Asia and development of the treatment overall.   Its a shame USA has failed to contain the spread and its only going to stop with a vaccine I guess though using distance to separate people should be possible in a large country I guess there is too much population density in cities so its spreading way past r factor of 1.
  The reason asia or any export surplus based economy would be a greater concern is in terms of base line production and capacity and thats where it really matters most, the idea of consumption being more important is a fallacy I think.    Its tied to dollar reserve and how demand is represented globally in that unit but trade should continue to be possible long term.   We might transition away from dollar, Im just a little guy and its a big concept to observe but the basic idea is goods matter not FIAT or promissory notes.
   Short term we get a fallback in speculation because markets are leveraged by the dollar effect and it would be seen as lower demand and yea I guess thats fear but the reality for me is demand comes from trade between producers who create value in order to consume each other products.   That is the principle of comparative advantage hundreds of years old as a theory and hopefully proven by now in modern economic success by the exchange of goods globally.   The debt backing dollar and other ideas are a weaker path we've taken imo, I guess saying that is political but I only care about capitalism allowing the best economy really.   Reading through the explanation of comparative advantage I think its possible to see how we got distortion and this fear where we want constant inflation with more debt, but I dont think it can last ad infinitum.  Even bigger then the largest government actions are natural effects and all along that is what economic theory should have respected.   The pandemic is a natural phenomena as are all economies of the world because people are natural however fake various prices and fixed rates might be.
  Will Bitcoin be effected by weaker dollar demand just like all the assets, commodities and markets you mention, short term yea but seems like if we are able to move onto trade of goods being a focus that Bitcoin would be part of that as its not tied to USD specifically.  

Actually, we already have seen the worst*. The fact that some businesses are slowly getting back in shape, we can see that the world is now rising again. There are countries that already declared COVID-free and some have successfully managed to decrease the numbers of confirmed cases.

But for let's say, things have gotten more worst, I don't see that most newbies will switch into crypto as they aren't into the purpose of holding it. Quick money is necessary during the pandemic (different situation per country).

I advise not to think too much. Bitcoin is already tested in the worst times. The pandemic will surely end and everything will get back on track.

I am agreed with  OgNasty that bitcoin will be held with stronger hand at the end of the pandemic. And the crypto market makes a huge gain. though the world condition is still pandemic, people have learned to take it as normal. also market is holding it position strongly over 9k$. when the pandemic will end trader/investors will be relaxed and start their journey by investing again. 

Great to have the insights from one of the legend on our forum.

I agree that the people with strong will and character will be the ones who would hold their bitcoins in such times.


But that is also being done by Paypal and other payment processors plus the fact that Bitcoins still is yet to gain the legal status in most countries while some countries allow transactions they still do not deem bitcoins as legal as it needs to be for mass payments.

I think the pandemic is not going to end anytime soon and anyone who is able to safeguard their bitcoins by panics and market drops will be benefiting big time once the pandemic actually ends.

bitcoin stands even in the height of pandemic, it will definitely stand  in the end.
the only that you'd worry though is if the price will also go up because coronavirus seem not really slowing down and there is nothing we can do until it goes away. the pandemic makes us afraid to spend anything as investment. unless BTC will suddenly grow and everyone adopting it then we'd probably see newcomers from other markets joining the rally.

Over the months the stock market of different countries have hit the peak as well as experienced the low bottom. Bitcoin getting its growth pattern similar to stock market won't happen in the short.

Though bitcoin value is based on demand to the supply, we can't predict the market as it is manipulative. Another thing in my opinion, if bitcoin market movement ends similar to the traditional market automatically the demand will fall. For the uniqueness bitcoin is preferred by people over other investments available in the market.

I've been reading several times about an article that bitcoin is really close or highly correlated with the stock market.

As you may know, when the coronavirus hit exactly at 12 March ago most of stock market or most of investment place including bitcoin was decreasing.

Until now, the price movement if I see day by day most of traditional investment place are same with crypto curreny. So, there will be many chance if this pandemic end the movement price of crypto will be like traditional investment place.

If this is going to be worse then every investment sector will get hit and crypto market will be no exception to it because people will be more interested in surviving than making profits, so hopefully the pandemic may not get more worse anymore so the market will start recovering gradually.But this pandemic might changed the mind of investors about where should we invest our money more which could probably land on cryptos it is really doing better than traditional investments.

This pandemic has a long term effect but crypto will surely grow as it's proven to be a strong asset during this time and it would be attractive to investors. The fiat system might suffer due to the loans of our government, taxes will increase while unemployment will rise, but crypto should always be a great option for people who like to hedge that kind possibility in the future and that's where the money will come in.

Not likely.  I don't know how much more the situation could worsen, unless we start seeing massive numbers of new cases or a mutated strain of the coronavirus (and perhaps a more virulent one at that), but my guess is that if the world has to go into lockdown again for a significant amount of time, we'd start seeing people pulling money out of their investments, including crypto.  That's basically what happened early on in March/April, when we saw the stock market take a hit.

I'm hoping that scenario won't happen, and I've got my fingers crossed that there will be an effective vaccine developed to combat COVID-19.  That would take quite a while, but I think the world could suck it up until one comes to market. 

Bitcoin got lucky IMO.  I'm really surprised that it didn't keep sliding toward $5k or lower when everything seemed like it was being sold off.  Bitcoin rebounded quite nicely, and that's a bit baffling to me.  Maybe it had something to do with the stimulus money, but who knows.

There's always a chance to anyone who will learned this market to start investing, the pandemic affects every investment  venue and
people are looking for every opportunities, if they'll see that from here then the chance is high that they'll
be going inside and start investing their money.

Higher is the chance of people who used to invest in cryptocurrencies will take a break from investing in crypto and think about traditional investment vehicles like stocks, real estate and helping out other small businesses when the pandemic will be over because there will be a lot of new opportunities created in the same old market due to the economic slowdown provided by the pandemic, but after some saturation, we will again see the trend in which people again invest in bitcoin and will see bitcoin as a lucrative investment.

We can not assume that the price will stay in its current state of the price if the pandemic is totally gone will the price stay or correction might occur, because in my opinion the current price right now is not the real value we are seeing, this may go down when all goes well, but the current price right now is still decent so many holders are still cool with it and I really think that it is good to invest in cryptocurrency when the stocks are all down at the moment.