Bitcoin Forum

What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking

Nobody can guarantee us the bull market will be kicking in if Coronavirus never happened.
Remember when Bitcoin halving happened in 2016? did the bull market start that year?
No, the bull started a year later after a long period of accumulation.
So I believe the downside or the upside of the crypto market has nothing to do with it. It might affect it but not by a big margin.
Also do not forget, not all of us are using cryptocurrency.

Well somehow i wouldn't really take the event of Coronavirus into too much factor of pricing into the crypto market
Of course it does affect a little bit but with/without it
It would not really be the trigger for a bull/bears market imo

At the moment, coronavirus has no impact on the cryptocurrency market. If, because of virus, some mining farms in China will be closed, then the price of BTC can feel it. Still, nothing like that happens. When panic starts on classic stock exchanges and investors start looking for other investment markets, then maybe some of the money will go to the cryptocurrency market and we will see increases, but this may happen in a few months.

It does appear that the crypto market took a bit of a hit due to coronavirus, similar to the normal stock markets. It may be coincidence, it may not. But what we definitely haven't seen is a flight-to-crypto from the normal markets... which does emphasise the fact that crypto is currently a long way from being seen as a safe haven during times of stock market turbulence.

I am still confused that corona virus can make the economic situation going to bad. Because before this virus came there are a lot of plague that befalls to some countries but there was no affection to any market. But this virus has gave a bad thing for economic situation, it doesn't fall to cryptocurrency market only but the impact was befall to stock market as well. Regarless your concern, I think the market cryptocurrency will keep increase if the corona virus never comes. You can see the price movement of bitcoin was good at that time, there was not a rapidly correction but the price felt just a bit and after that the price was going up again.

IMO, it seems like Corona virus does not play a big role on why the market move, nothing is unusual on the movement of BTC, there's a halving this year and it's expected that the price will rise and what we just saw is just the hype going towards the halving.

Whether or not there is a corona virus, no one knows whether the crypto market will remain bullrun or bearish because it cannot be predicted correctly, right now the global economic market is being destroyed because of the corona virus effect, but I think for crypto it has no effect because it has no connection his.
I will keep thinking positively ahead of halving because that moment will return to the crypto market becoming bullrun.

Without the Corona Virus, I think the market will be hard to grow at this time. So we don't need to think like that, but I also wish Corona never happened because this is a dangerous virus and it has infected hundreds of thousands of people around the world.

The question is, do really corona virus did affect crypto market? I do rather believe that traditional markets might or might not be affected as well but not in crypto.
Downtrend or bull run there no such guaranteed factor or reason which people can point out.

If coronovirus didnt happened then i dont see anything new with this one.For forex or stocks which news do really play a big role.

Though transaction of crypto/bitcoin is digital(internet), It is controlled by men not outrightly robot, some of this men are now restricted, some displaced and some locked, from their hardware. Now the trade volume of bitcoin is very low, such eventuality is the dump in price. The outbreak was sudden which must have disrupted a lot of plans and processes in crypto. Larger trade are usually OTC, which is interpersonal, so corona virus is a big factor now. Even bitcoin enthusiast on social media talk more of the disease than bitcoin, what a terrible diversion?

Nobody knows and the trend might still change due to the speculative thoughts and opinions because of the halving. We seem to be bullish for this year because of that event but still, no one can have an assessment of what's exactly going to happen if Covid19 didn't happen.

But most likely, the market will be on an uptrend if it didn't happen.

If you are an investor you need to expect these sort of unexpected situations that would prop up every now and then especially natural disasters and global epidemic and if that happens the market would go down and you need to follow what is happening around the globe to understand how the market will react and here you want to go for a hypothetical situation on how the market would have reacted if everything was fine which does not make any sense :P.

I'm just thinking about the price increase that will occur, it's just that we only speculate about it. however, prices can go up or down due to other things. I think, this virus also does not really contribute to raising and lowering the price of bitcoin, however, I am more of the opinion that the current price increase or decrease is due to the halving effect. Well, maybe the effect of this virus is making the price of bitcoin a little down, but I don't think it's that big.

That is correct mate not needed to focus at these trend because when corona virus will end we do not know that. Altcoins market will capable to bull run without corona virus. But a few big crypto recognised or adopted countries affected by corono virus that's why faced a lot obstacles to implement their projects because they can't work at these disaster happened.           

Most probably if the worldwide crisis caused by corona virus didn't spread all over, it won't affect the market like this worst. As of now people were hesitant to spend money out for crypto, that's why we need to wait for the right time to when this recent problems be resolved. This has been an economic problem, since health is merely involved around the world.

I'm not sure that the Corona virus outbreak is the cause of the current state of the crypto market, we saw all the market rally mid last year but it never lasted for too long as there another dip which followed before there was ever a case of Corona virus. Of course the virus does have an effect but the market situation isn't a total reflection of the outbreak.

Hmm idk about cryptocurrency got affected with coronavirus or not, but almost all markets out there falling so deep because of this virus (esepcially stocks). Well but atm crypto are growing again, even though it's still very slowly

however everything that happens suddenly and unpreparedness of all countries will certainly at least affect the economy, especially stocks and also clearly with crypto. but with better handling and can soothe then gradually will be able to recover again as well as crypto. but the biggest influence is the stock market. crypto seems to be quite stable at the moment, and hopefully this case will be quickly handled and quickly resolved.

The crypto market is not influenced by Corona but surely the global economy will be greatly affected because in the last few weeks the market has all fallen and it is difficult to predict what will happen next if this disease does not end. I just hope Corona can end soon in the near future because my business shop has dropped more than 40% of customers in just 1 month and I am having a lot of big problems here.

first thing is Did corona really bring the market down?because i have crossed so many topics here about blaming this Virus to be the reason for the downfall.

but the truth is since the beginning of this year we have been in Bullrun but all of a sudden after more than a month then this happens so i think this is not because of the corona virus outbreak instead this is part of the correction for the incoming Bull market.

Bull or bearish we cant say what might be the status of the market if this virus didnt exist and affect the people who holds crypto. It has nothing to do with the market but only to people who have weak personality and believing this fud and so it reflects on the market thats why we are having a correction. Lets not forget that even this virus started to spread, the market managed to move upward thus its not because of the virus thats why the market is declining.

I still believe that Coronavirus has nothing to do with crypto market movement, so if ever Coronavirus never took place, I believe the market flow will be the same as it is.  The current turn of event from being bullish to somehow bearish is not because of Coronavirus but rather because of people panic selling after the short trades from traders who take profit on the recent price uptrend.

I certainly agree with you. As for me, Corona virus didn't affect or influence the current market situation but it is the people who are panicking. We can't even blame the corona virus of the sudden dip. The market itself has been resistant in the spread of most epidemic occurrence so I'm sure that it will still work well no matter how many countries might suffer. There's still no assurance of the bull run despite the existence of the said virus. I just hope that they would find a cure for such virus because lots of countries are struggling already.

This is true and we shouldn't blame the virus for the market crash.
We couldn't be so sure that the market would be in a bull run right now if the corona virus didn't happen.
And I don't really believe that the virus have anythig to do with the price drop that we had experience.

I speculate that we will still go on another correction though. I mean, we have been in the oversold region, that's why bitcoin can't get past $10500 and ethereum $300, so still there will be some incoming dump along the way.

However, crypto has proven itself to be very resilient about any pandemic or global situations like the corona scare. Other traditional market keeps on slumping, but crypto has somewhat recovered in the last 24 hours.

Yep, the Corona virus pandemic has nothing to do directly with crypto market, it's just one news that really put a lot of investors into the scare mode, specially newbies who pushing the sell button. Sooner or later the market will go on a retracement and it just so happen that the Conora virus was in the headline and somewhat hurry up the market correction that is going to happen.

But you have to think about it, when we reach $10300 we have a sell-off, meaning many sold and take profits. So I guess that retracement is imminent in February and it's going to happen with or without the Corona virus scare.

Not sure, because of the presence or absence of coronavirus I think the market will definitely get a big correction before halving, because something like this is something I anticipate all the time. If after halving and after several months have passed there will still not be a more positive movement, then I think that's when at least the adverse effects arising from coronavirus will be increasingly visible.

True as you say, even though the corona virus is currently affecting several countries but it seems that it does not really affect the world of Cryptocurrency, even if it is affected I think it does not really have a significant impact on Cryptocurrency because as far as I know the aspects of buying and selling still have a very important role a big influence in the occurrence of correction bitcoin prices and altcoin in exchanger.

I suspect in the long term there would be no problems at all but in the short term it would have been more profitable. In the short term prices of basically everything got affected and that resulted with stock markets and crypto markets and many other stuff to get affected as well, it goes down as little as a hotel in Italy getting its reservations cancelled which hurts the economy slightly to much bigger things like some huge companies stop working with china on manufacturing which causes a big hurt in economy.

However, in 2-3 years when you look back you will realize that nothing changed because all of that will be recovered in that long time period so it won't matter in few years if it happened or didn't happen.

We know the situation about world economy has getting very bad conditions now due to coronavirus outbreak and it has impacts to crypto market also if we didn't get any solution for stop or coronavirus outbreak it manybe impact more badly to world economy and crypto market also.

The thought really didn't enter my mind. Corona virus didnt affect crypto market movements on my point of view. Here in the Philippines, we are not that much affected. The other countries, yes. I think the news of war affects crypto market more than the virus outbreak.

If we are using our logic and when corona virus never happen and i can assume if the correction will not even worst than this time. Im not sure if the bullrun will still be kicking. I just try to take the fundamental of the world economy as the main consideration to determine the direction of crypto. The stock market is also in the same way with crypto right now.
The correction can happen but it will be very small compared with what happens last week.
Corona was affecting so many people being scared to invest in the cryptocurrency and this is happening not only with crypto even in my country and the whole of the stock market is getting a huge impact too. The gold is who can get a positive trend due to the production that comes from africa becomes less and it was touching all-time low production.

We don’t know yet, our media is hiding something for us not to panic but yeah its hard to connect the virus from the current situation of cryptomarket. If there’s no virus then we are living normal but we can’t still be sure that the market will enter in a bull run because there’s no good news from the market aside from halving.

I am also curious if corona virus didn't happen then what or who would be blame for the market crash?
We are blaming the corona virus for the market crash while we know that those things always happen in the crypto market so if corona virus what or who could be blame about the market crash?

It's a bad experience witnessing people get killed by a new virus when the world is already filled with different diseases but I find it hard to believe that Coronavirus is affecting Bitcoin, it doesn't look like that to me

I think without corona virus bullrun stil be kicking because of bitcoin halving, and this corona virus is not bad for cryptocurrency because stock market dumping may be a lot of investor run to crypto market, i hope see another ATH of bitcoin soon  ;D

Corona virus hurting so much the economy and the current situation of crypto and if this virus will continue for more months for sure all economic side of whole wide  get affected and might we will get affected if certain things doesn't brought up by the fate.

I doubt anyone is hiding anything or I doubt it is as big as people make it out to be. Think about it, there are countless diseases in the world right now and none gets this much attention, even common flu kills more people so there is really no need to overreact and there is nothing to hide about it neither.

There are sometimes some diseases that breaks out in the world and whatever reason that happens, it doesn't really kill as many people as we overreact and for some reason everyone keeps talking about it on news channels all the time. Just calm down, wait for it to be over and meanwhile buy stuff when its cheap and when this is gone and forgotten the prices will be higher and you will be in big profit.

In my opinion if the coronavirus never happened I think the market will still the same situation right now because only few people affected of the virus so the market is not affected but if more more people getting affected of the virus I guess the market will down.

 hey first off i dont think corona have a relation to the crypto price but to other stocks maybe  because china is strongly restricted now  .  the price of the cryptos is already working like this ever since before when no corona virus or other deadly virus .  they are already working up and down  .  the corona virus trend is only hyped too much were people get panic and people link it to almost anything   .  the better question here is what will be the price of cryptos now if there is no incoming btc halving because that may seem to be more related  to other cryptos  .

The movement price of cryptocurrency will be depend on the sentiment market, I mean we have to see the sentiment market before when the corona virus came.

Before the corona virus came the sentiment market of cryptocurrencies are really good, as you may know at the early of this year most of cryptocurrencies prices were increasing which is mean I will be guessed that if the corona virus never come the price will keep on the track or it will keep bull run.

Bitcoin price maybe will be reach $12000, because at that time bitcoin price has reached $10.000 even close to $11.000 barrier. But, don't be panic, this situation will take a short and the sentiment market still in a good sentiment other than that we have a news that Indian's government has allowed again to traded cryptocurrency.

Many investors and traders are afraid since this virus is really killing people that are infected, they choose to hold their money and forget about dealing with the market. With this actions the activities are hurting the industry, without invested money around this economy will keep falling, Corona issue is getting higher attention and it's impacting the entire business sector.

There will be no differences but just try to remind you if crypto could get a small bullish trend as when corona virus doesn't exist and the produce of gold will not reach the all-time low. These days people are worried about the existence of this virus as in my country and this virus disrupted the economy and makes so many stock markets are losing a lot of demand.
Those investors are converting their money into a stable asset like gold or hodl the fiat. Even the economy of big country like china can go down wasily caused by this virus.
It seems like that this trend will still continue.

I think the presence of this corona virus will not affect the crypto market, the proof is that the cryptocurrency market is currently up by a few percent and almost all of its altcoins are following this increase, meaning that the bullish is coming again by itself.
The corona virus will only affect the global economy because it is related to the government, so a drop in the market has become a natural thing as a result of this outbreak.

I certainly believe that Corona Virus has nothing to do with crypto market. Well, behind crypto market movement there are a wide-range of events that can be considered, well, may be this recent virus is just a small factor contributing to wide-range of circumstances that we don't know. Thus, this down trend is neither this virus's fault. And take note, this virus exists before down trend comes though but the market even spike up a little with the virus currently existing. Anyway, if corona virus didn't exist, one thing is for sure here, there will be no fear about this virus spreading, there will be no fear everywhere.

Philippines is just a small part of crypto market mate so don't expect that because the country is not affected means there are no effect in the worldwide market because it is not appropriate.

at first i tried not to believe in this effect but now?seeing the infection growing bad?and the prices of market is dropping ?i think yeah there are connection.

Coronavirus has no effect on the cryptocurrency market, this is not an event that has an effect on digital money. But this disaster had a huge economic effect on the country affected by this virus and it was natural because they stopped all major activities and events to prevent the virus from spreading. But, until now no cryptocurrency has been affected by this incident

The fact that Coronavirus caused the crypto markets to drop does provide more evidence that crypto isn't a safe haven. Perhaps it will become one in time, but at the moment crypto is as much at the mercy of real world situations as normal markets are.

When incidents like this and viruses continue to spread everywhere it is true that there is no effect on the cryptocurrus market, the proof is that the market is growing again.
Corona indeed has a big impact on the government economy because it has to be responsible for all or affected by this so this has nothing to do with the cryptocurrency market.

In the future too bitcoin can reach $ 10,000.

The coronavirus was created by human only so it was affected by human. I saw the survey hundred years before also same kind of virus was affect the number of peoples. But China was already avoid the crypto transaction so few peoples only stay in a crypto platform. I think it was never affect the market growth because again the market will start to hype so we can concentrate the positive view.

For the records, Crypto has acted as a safe haven for quite a while now. Despite the fact that the Coronavirus news caused a dive across all markets include crypto only shows just how much serious Coronavirus threat is. However, Its safe to say that in the near future, the crypto market would be completely independent of the negative happenings that occur globally. So I wasn't surprised with the downtrend events.

To be clear, if Coronavirus worsens, Crypto can provide a solid way of transferring funds across countries.

Corona virus will not create great impact on cryptocurrency market but it can totally reduced the production of an economy just like what happened to China. But apparently, with or without corona virus, the crypto market will still continue to progress once bull run is near to happen.

Yes, it is! Because fiat currency is not safe anymore if corona virus will not be contained for the next coming months. So people will opt for another option like use of crypto in payment. Since the virus can live like over a week in inanimated objects based on this article. So using paper money in area with known corona virus cases would not be a good idea. The transfer is very fast so using crypto in this case has the advantage.

https://www.sciencealert.com/study-shows-just-how-long-coronaviruses-can-stick-around-on-a-surface

Yes, it is! Because fiat currency is not safe anymore if corona virus will not be contained for the next coming months. So people will opt for another option like use of crypto in payment. Since the virus can live like over a week in inanimated objects based on this article. So using paper money in area with known corona virus cases would not be a good idea. The transfer is very fast so using crypto in this case has the advantage.

https://www.sciencealert.com/study-shows-just-how-long-coronaviruses-can-stick-around-on-a-surface

so what basically happens when production is reduced  ? people will have less money and less money means they cant buy more crypto and worst they will sell thier crypto investment just to have a pocket money because of the hard times that they currently experiencing right now  . if corona virus never happened well the price could have been so much healthy right now because look at it right now , even if there is a corona we can see the price is fighting to move upwards   . struggle is really real to btc  but other coins seem to be fine 

I don't think the world epidemic happening today will have something to do with the market—it's just that I think this happen all the time and it's not yet the right time for the bullish market. No matter how I think about it even if there's a virus or not the market will always be like this. Nothing is permanent because it is so volatile due to the fact that it is an open market.

It is true that the crypto market in the last few years is very easy to manipulate and coronavirus will certainly impact a lot on this market. I think since the outbreak of this disease, everyone has been affected and the stock market suffered the most losses during this period. I hope everything will stabilize again and people will consider investing again because the crypto market is still a very interesting place for you to invest.

If the coronavirus never happened, we'd still eventually have a 20% (which is a regular recession) and in my view, we would have anyway had a good shot at a 40% recession.

The 40% recession, view I had before the coronavirus, was the massive tax cuts with little economic result in the USA with the current Trump administration and the Republican

Senate that has 500 or more bills from the US House, that they refuse to vote on. To me, this is unprecedented, sure in the past, if your party controlled the Senate you would ALWAYS just

just vote them all down and zippo...none passes. But hey, in this day of daily fast news and internet, if you DON'T VOTE AT ALL, you have no record of note to get beat up and

run against in the next election. You are as pure as the driven snow, except for the small detail of refusing to pass any legislation at all, even ones your own members want to be passed

that makes sense in a bi-partisan way, but Republican Senate Leadership and the Executive Branch are just 'dandy' using gridlock as a political means to extort stuff in this democracy.

Add to the crisis of children being taken away from parents at the border, Environmental, massive tax cuts to the rich and corporations...I mean what could NOT go wrong!

This is all due to the current Trump Administration...where all government is evil and all crony capitalism is good! I indeed expected a 20% drop (recession) as a done deal and a 40%

recession as 'likely' well before the Coronavirus!

Now we have the Coronavirus Pandemic.

So much for BTC/Crypto as a store of value (so far) in a pandemic. Everything went down  BTC/Crypto/Gold/Bonds/Stocks! Blam!

Even stuff that was not supposed to go down. like a rock, when the stock market dumps, like US bonds (tough to keep them up with no confidence in US fiscal policy anymore with Trump

antics of Tariff, etc) and of course Bitcoin.

In bitcoin/crypto's case I HOPE

it is a store of value and the dump with the stock market was due to NO ONE having real emergency funds for this kinda thing (especially in 3rd world nations) ..so what? you cash

out the gold under your hut? too soon? you get as many USD dollars as you can? What can I dump 'quickly' to fill emergency fund ..well BTC/crypto right away!

I assume as this Coronavirus Pandemic drags on this will change and gold/BTC/crypto/bonds will recover vs stock market..but we will see.

So to conclude...NOW...after this Pandemic has hit! I think we are royally f*cked...due to all the above BEFORE the coronavirus....I think NOW we are very likely

to have a 40% correction if this goes on for a year at frigging best!

As experts on commerce combined with disease experts on how this disease spread..seem to be agreeing on ..this may take a year or so to all calm down.

So a for sure now IMHO a good 40% correction (hopefully brief with a vaccine, and bounces back within a few months to regular recession)

But if th spread and the disorganization here in the USA and the world continues at this current and past level..it could well (hopefully briefly) bounce into DEPRESSION  territory

...ie 50% dump in worldwide production due to all my above fears combined with the Coronavirus Pandemic and Vacinee not controlled and addressed very quickly.

as a correction. Sh*t on a stick we would be 'beyond' screwed. :(

I hope I'm wrong but was not a big fan of the direction things were taking in the USA and worldwide leadership and corporate greed before the Coronavirus Pandemic. This

A pandemic that may have just tossed a lot of gasoline on an already out of control fire of the economic/social/health variety. Sh*t just got way, way worse, IMHO. :(

end of rant

brad

We see that there's no interconnection to bitcoin and the world happenings. But sometimes it's making me think that isn't that just a coincidence if we're seeing the same movement if the entire economy is facing a downtrend then crypto is also going the same way.

We don't know when this pandemic will ever be stopped but we're all hopeful that this must end asap.

Yes, nothing is permanent so this virus will be stopped in no time.

basically the crypto market cannot be predicted precisely because the nature of the market is very volatile. the Corona virus does not really weaken the crypto market.
for me the current market is purely a correction to a better milestone.

Cryptocurrency market isn't affected by Corona outbreak a lot. But the global economy is suffering. If the epidemic hadn't happened, the recession would have been less damaging.   

We don't know. Maybe the crypto market will still like this because coronavirus is not related to the crypto market. But anything can happen, with or without coronavirus. The crypto market will always change from day by day, and we cannot have accurate predictions since the crypto market will not just depend on what happens in out there. Maybe there will be another thing that happens if coronavirus never happens.

With or without the existence of the Corona virus there's still no assurance and guarantee of the occurrence of the bull run. We can't blame the virus alone because the bull run will happen at the right time and no one can really predict it. They say that the price of Bitcoin will increase when halving happens so let's hope for the best.

The stock market evaporates the most and investors here are facing a lot of difficulties because the stocks they invest in do not bring any profit. However, the crypto market is different and recently the coins are showing huge growth.

I think this epidemic will not affect crypto much and hopefully in the future people will be more inclined to invest in this market.

indeed there is no need to blame the existence of this virus. but now maybe the economies of some countries have begun to feel the impact of the spread of this virus. of course, this can be related to crypto when an investor is experiencing financial problems they could have pulled their assets to fiat and that would be bad for the crypto market. so far it hasn't been felt and hopefully, it doesn't happen.

Even there's no coronavirus and other epidemic crises still the movement of the market will remain unpredictable. There are have been threads that explain the effect of Coronavirus and in fact, most of the threads give an explanation about how the price of bitcoin goes up. But in the other threads, you can see how they also explain that there's no connection between them. This virus already affects other countries and there's an article that I read and I don't totally remember it but that article explains the fiat can also be a medium to transfer the virus so I guess it can be also a trigger to have a big changes in the market simply because they will now use cryptocurrency in different transactions.

I also agree with the other members who previously reply here, which with or without the existence of that virus the bull run can't easily determine and most of the waiting event that people wait that can be the key to have a bull run is the bitcoin halving that will take off in the next couple of months.


EDIT:
I just found it while scrolling in twitter
https://i.postimg.cc/50RXc4QY/image.png

Source:

In my own opinion, it didn't made any effect hence, if it does then it should be going up, why? if these investors, business man, or other people in business sees that the stock market is crashing just like in news, they will find a way to make their money safe, and one best thing that I can see, is to put some into crypto, it maybe volatile but if you put it in safe coins like btc or even usdt then there should be no problem.

You're right we cant predict whats in the future of crypto and every predictions about the future by the so called experts has no assurance if will really happen. The virus might have an impact to the market but its not directly affecting the prices of coins. It still depends on the demand and supply, so if there's a correction investors might taking profit and taking advantage the opportunity especially those day traders.

No one can predicted the market what will gonna happen indeed. With this corona virus I don't think the market affected, even before without it price has declined. Very true other people must keep in mind that market is unpredictable and has it's volatility. They should understand how it works for them not too expect too much when price dump.

People will be feeling panic and they will never try to put their money into the risk and that's a wrong argument about what was the real impact of coronavirus. People don't wanna go to the stock market caused by they can lose their money that is really needed to survive and in this case, those people are feeling gold is the best choice to make their money becomes stable. The Crypto market is almost the same as a stock market to consider it's very volatile.
I personally have already converted some of my assets into a stable asset that can't be affected by anything like gold. That's how they try to survive from this pandemic.

Vaccine for corona virus will not be available even next winter. Usually it takes 1.5-2 years for getting a vaccine. If by some miracle we get one before next winter start we will be very very lucky.

Diverting on crypto is the last resort for every investors, because they have the mindset that crypto won't be affected by economic crisis in connection with virus epidemic. Fiat economy can't handle pressures like specially when huge part of the world's business supply has been affected with the recent problems. If we never encounter that problem, I think both crypto and fiat circulation will still grow progressively.

Absolutely, those are just their predictions and didn't guaranteed us that it will happen so let us depend on pur own evaluation and prediction because trusting yourself have more weight than trusting others. I think the corona virus has no direct effect on crypto or specifically bitcoin's market's trend because i think in this kind of situation people will use cryptocurrency more or more likely to put their money in crypto so that they can ensure the safetiness of their money in the middle of this crisis.

i think in this outbreak, it would be great to using cryptocurrency as payment method. Since cryptocurrency is need QR scan to pay, than other payment method.  :)

Stay Safe Everyone

I agree, and i think that this outbreak is just a hype and we can still take advantage of this crisis since market will surely plummet and wait until it goes well again.

People minds are now very panicked because nearly 100 countries have been affected by the disease and the economies of most of them have been badly damaged. In fact, the stock market and gold have been continuously volatile for more than two months. Also, the crypto market is probably the safest place for people to invest because most of the coins I know are going up very high during this time.

Slow but sure i watch the news that there's some people cure from this viruses. if all people cure, bitcoin bull will hit the market after halving too  ;D ;D ;D

I fully disagree that coronavirus really affect the market, some are saying that the virus is the reason why the market become bullish and others are saying that the outbreak is the reason why the market goes down. Stock market is very different to crypto market, upon the outbreak it is normal that stock market will be affected but there is no reason for crypto market to drag down also.

What I can conclude is that we are in the bullish season even if there is no outbreak, the bear season is already too long and the market needs to shift in order for the big whales to profit.

If corona virus was the reason for the downfall then BTC value would have gone down to 6 or 7k, also the price is still moving up and down and the altcoins too would have affected very badly.

We can't blame corona for this downfall, BTCs rally will again start to continue in couple of days as halving appearance is on the track I believe the price will pump again.

Honestly, until it moved out of China I was seeing it as unimportant as any other person here but since it moved to other nations as well and now the west is in danger of getting it, I can tell you that it might be really dangerous now for the financial world. I am not saying it is definitely a threat to economy of the world but I guess it is not a nothing neither now.

However, if the study is right (which usually turns out wrong but anyway) it is said that the virus can't defend itself against heat so the scientists are hoping that by this summer there will be no one with the virus. One of the reasons why there was close to none in southern hemisphere as well because their winter is actually summer and hot so I assume they are actually not getting affected since the virus dies at high heat.

what if this didn't happen , all will think like this only but whats happening will be happening no one cant stop it all we can do is watch the scenario and adjust according to it thinking about past will never help in anything search for present opportunity 

   It would be the same. Crypto-market volatility will never end, it's my opinion. If coronavirus never took place some other virus would
happen, and crypto-market would have fluctuations with or without viruses.
   But like others I also wonder what is causing this drop. After good news from South Korea, India and France I thought we will see the
price rising, but it's dropping, very strange.

Well, let me explain an important fact, the social media is the one who gives a big value to this CoronaVirus, they are unfortunately spreading the panic in the entire world, so the media does have a negative affect on all the fields. In additon to that, we can't expect what is going to happen  if this virus does not exist, possibly China will stay attacking Bitcoin and possibly not. It is impossible in my opinion to give an  accurate prediction.

Firstly of all, coronavirus spread is something that was spread phypsical and crypto currency is a virtual money. Therefore coronavirus dont totally affect the price of crypto and if the virus never happen, the price of the bitcoin will be flourish than the current market but bullrun market shouldn't be expected.

There is not direct effect if we look at the way its use because obviously crypto is online and paper money could be the source of virus too since its pass from person to person, however, we need to look at the bigger picture, its the economy that is affected so much as businesses are not making enough money due to the fact that people are afraid of going out, they stay and home, they don't spend, so less income.

as long as the corona virus outbreak continues to spread to many countries, it is certain that it will affect all sectors of the world economy. no one can really be sure of the best investment, because all the focus is so that this transmission does not become a plague that continues to pervade many countries. maybe people can say that crypto investment is very good, and maybe gold.
but all does not guarantee because the corona virus makes many people of the world actually hoard daily necessities and self-protection equipment.

so investments will be placed where they are also difficult to determine in a situation like this. crypto is also good and gold is no less good, if you see a situation like this.

You make a good point about the coronavirus affecting the world economy but i dont kbow why the case of the virus took longer than expected because this was the first time the case of the virus raise. In the meantime, some crypto related business are also affected.

The answer is always clear. No one will answer at the moment that it's over. Society is scared and everyone is trying to explain the situation to you.  The price of Bitcoin will change as well as the mood of society. In a week it can go up, and it can go down. Everyone would like it to go up, but this is not possible right away.

Pretty sure there is no direct proof whether BTC is still correlated with the stock markets which are correlated with Coronavirus outbreak. We had a huge rally from $6.4K all the way to $10.5K and by the amount of bull posts in this forum I am not surprised there would be a pullback of some sort. People were predicting new ATH since the halving is near and the funding rates on derivative exchanges and futures were getting out of hand.

People were getting too greedy just like the rally to $13.8K last June 2019 and people weren't taking profits when they should have so the markets turned. Also another speculation is that the rally was led mostly on leverage trading. So basically high leverage amount of longs made the price hit $10.5K but when any serious pullback came there wasn't enough bids to keep the price up hence it led to massive long liquidations. This is why we had these $1000 day declines in the past due to the over >$100M in longs getting liquidated.

Western countries are different from Eastern countries. In EURO and America, diseases are diseases and economies are economies. They always make it neutral in balancing between two, no priority for any which. So that Corona Fly might affect not very much to the economies of Westerns, and crypto might not change so much.

Supposedly Corona Virus issue must help the Crypto market more valuable and usable because in this there is no physical contact
 so using Bitcoin for Payment option must be in effect.
like what Iran is planning now
 to not use of their banknotes and will advice Iranian to use online payments like crypto or other form of virtual money.
so i believe that we will see the Good outcome of this Virus infection sooner and not just overnight.

QR is one way of paying but you actually even can just copy paste or even manually write down an address if necessary. Bitcoin is a bit more special than that, but I have seen other digital methods (like just apps) where even you can shake your phone to accept an incoming payment.

Anything digital is better these days.

In any case, cashless payments today are much better than any paper money.  To protect yourself from any virus and bacteria of the disease, it is best to use cryptocurrency or bank cards, because paper money can carry any kind of bacteria from person to person.

The value of bitcoin is not going to rise when the global economic markets are struggling and that is what we are seeing in the market as all the markets are bleeding but sure bitcoin and the major alts can be used as a mode of payment which is safe and secure in the event of a epidemic like this but i am not seeing much changes from the merchants either, so realistically i am not seeing much change now but we might see the changes in the future where the merchants starts accepting virtual currencies.

actually its better to say "Our Mindset" as crypto holders mate,we believe that in this market we have more confidence about the assurance of not Dumping when the economy falls not like what Fiats have when it happens.
also same beliefs mate that Both Fiat and Crypto will survive and make progress in future ,and i think there is no competition at all because both will help people now and in future.

I think it's the same is still in down thread because we all know that bitcoin is still in recovery situation so we can not expect bullrun this month maybe this year bullrun happen but we can not know when the exact date so be patience and wait.

Unfortunately, we are thinking about crypto as something that will make us a lot of profit when we are trading it, yet when it comes to corona we are talking about how we could use crypto for actually payment. We should have considered about crypto payments globally thanks to some apps that could do that but we have failed to do that and instead focused on how we could make a profit with crypto and that resulted with us being very behind the schedule when it comes to contactless payments.

However, let's not forget that even a handshake is actually risky and even breathing could be dangerous as well so all in all trying to not pay with cash is not really all that enough, we would need a lot more if we are afraid of corona virus and how we could get infected with it.

In recent days there has been a significant decline in the price of bitcoin and almost reached 20.45% from the initial price of $7600 to around $6100, and it seems that investors fear of the corona virus not only has impact on conventional finance but has also begun to affect the world of cryptocurrency trading today, so from this impact, many investors suffered losses. Fear that occurs makes investors seem to prefer to save their money or invest in other forms of investment such as gold, property, and land.

In fact the price drop below $5,000, even worst, right?

If there is no coronovirus panic, bitcoin will not dump like this, but people see it differently, some also see this as an opportunity for them to accumulate.
When bitcoin was below $4000 last year I guess, people does panic but then bitcoin bounce back and rise significantly, surely the same thing will happen here.

One thing is guaranteed that stock market prices wouldn't fall as much as it fell right now. I am not saying crypto is directly related because it is not related at all, but stock markets are definitely directly related considering billions of dollars (even trillions) exchange between nations all the time, some give their time, some give their products and some give their money but it changes hands every single day so when that exchange stops and everyone becomes their own individual there is no way finance gets no impact at all.

However, considering crypto is global and it is digital there is no way corona could ever affect bitcoin and crypto. All of this fall on price is basically just a fear but an empty fear that shouldn't have existed in the first place.

Im thinking a different scene. I think we are not in bearish trend if the virus didnt affect the stock and crypto market. The coming halving makes the investors bullish to the future of btc thus the price might increase because of investors who accumulate before the halving begin. But it changed due to this global issue that cause panic and fear to people.

Because of the coronavirus the world is facing a global crisis, it is possible that many will start investing in crypto to save their budget and thus the market will start to grow, and it is possible that the crypto market will feel the crisis

With this corona virus outbreak, the world should be able to use cryptocurency for transactions and reduce payments by cash. Maybe if this is done, I think it will be very efficient because it can reduce the impact of the contagious virus due to the absence of direct physical contact, we just pray that the drugs for overcome this virus soon found and hope that the world economy will improve again as well as the cryptocurrency market.

It was in connection with the current situation in the world that I expected a completely different development of events on the cryptocurrency market, and not what is happening today.  I believed that digital currencies for non-cash payments would be more popular in society and the number of cryptocurrency users should increase, but recently the cryptocurrency market has fallen by an average of 30-40 percent.  Apparently the panic due to what is happening affects not only people.

I disagreed above with bitcoin or crypto being the only way to prevent spread of pathogen through money and I will also disagree here that Covid19 is the reason for investments dropping and all that.

Do not forget the world was already in trouble before this virus spread. We were seeing lowering bank rates. More and more debt created. All kinds of markers like lowered or even negative GDP.

This is the real reason that markets are down now.

The market will continue to lose prices for a while longer and this is the only reason why the situation is getting worse. The current Bitcoin price is still very volatile and every day everyone in this market is scared. Of course, I also lost more than 40% of the profits from the previous few days and felt very depressed but could not do anything else because the market was so unpredictable.

I think the situation will be stable (not Bull or Bear) and the price of all cryptocurrencies is like in January.  but I think there are positive things that we can feel at this time, we are more maintain cleanliness such as washing hands, and closer to family..

And for those religious countries they also learned how to be more closer to the god that they are believing with. But moving forward to this corona
issue which really hurting most pocket of small investors, most are already dumping as they are afraid of losing more of their money. For some who
still inside the game they are stuck and need to wait for longer period of time before this virus to be cured or to be contained.

You're somehow right about the small investors been stuck because i saw a user of this forum a couple of days back complaining he was unable to sell some portion of his holding to get some of his emergency needs due to the price of the market downtrend but i believe this case only happened to inexperienced investors which are unable to swap their investment into stablecoin before the dump.

Initially we thought corona virus has nothing to do with crypto market but eventually it started showing its affect and I am sure we would have seen some further pump if corona virus wouldn't have happened, but yes the dump was expected before halving and it naturally occured due to corona thus saving whale's efforts to bring down the market.

I think the market price will be stable. The cause of the price drop is the said virus. It makes the people to sell their digital currencies including bitcoin that is why sudden dump happens. They need a money for them to be able to sustain their needs because they are being quarantined and the work stopped.

if the coronavirus never happened, it looks like the price of bitcoin is now above $ 12k. Yeah, but this has already happened, just imagine if this had never happened is a futile thing. so, it's better to focus on the strategy that we will use going forward than thinking about it.
so far I am still focused on collecting bitcoin, so whether or not it happens, I stick to my goal.

The prices would have not fallen to this level and would have traded at around 9k levels or so which it was trading before the fall. Also, this is an opportunity for people who always wanted to invest or keep on investing regularly to buy during the dips time as in future it is going to rise back again, and people would make money if done the investment during the fallen markets.

By the looks of it "if corona never happened" is getting bigger and bigger results. If corona never happened we would basically be living a regular life, but right now there are many many nations with emergency and horrible situations, first one was in china and second one is in Italy and it is spreading like crazy right now with European union not having borders between each other it spread to France and Spain very quickly as well and Germany is facing some issues too and other European nations will eventually have it, but that is just starting.

If corona never happened we would basically not have any of this. How do you suspect Italian economy which was already fragile be when all of this is over. People are at their homes not working right now, no way economy can get away for free.

The bear is gone for crypto now?

Bitcoin today pump pretty hard bringing back the price to over $6000, and likely we will see it trading back $7000 soon with the rate its moving.
Maybe for us investors, this corona virus gives us a time to accumulate at a cheap price and we are all profitable now even at the current price.

When bitcoin dump below at $4600, there was a panic but it seems we are at FOMO right now.

I am sure if there is corona virus never happened, maybe now the crypto price is approaching the all time high price, because the bull run
will continue until bitcoin halving. But what is happening right now is not entirely bad, because I can buy bitcoin and altcoins at cheap prices.
Right now that the price of crypto is getting better, so for those who have already bought it when the price drops.Now can take profit.

Although coronavirus doesn't occur in the world today no one knows in the future whether crypto will decrease or increase prices. It's been 2 months the market is in good condition if seen from history but every month there will be a bear market except we don't know when it will happen. Currently the market has begun to recover again.

If coronavirus never happened, we'd all be talking about the run up to bitcoin halving, and speculating on how it would affect prices. But in reality we are checking the news for how governments are responding to the spread of the virus, and our attention has been drawn out of the crypto world into more fundamental concerns about health and family well-being.

I do not disagree with the fact that before corona we weren't doing all that well neither, you are right that world economy was crushing and basically got stuck and had to go down to start recovering again, however we also can't say it has nothing to do with corona can we? Do not get me wrong of course it was bad and of course it would have happened anyway without corona as well even if not today but a year later but eventually.

However, when you consider corona actually stopping many business', closing down many shops, stopping purchasing luxury stuff, stopping cafes and restaurants, stopping all the big companies, well eventually you see why stock market dropped as well. It is not 100% correlated maybe, however it is mainly due to corona that it happened NOW and not later.

It's not known what would have happened if there hadn't been a coronavirus, but most importantly, the virus is now having a very bad effect on crypto and it's causing a market crisis.

I guess the market will be bullish if corona virus never happened. The price of bitcoin will increase because of the upcoming bitcoin halving and for sure the altcoins will increasing also then the market will starts bullish.

If corona never happened obviously the prices wouldn't have gone so down, also we might have seen a history repeating who knows because the market was going on a super hot way. However we can't justify that exactly as nature has some different thoughts.

Let's fight together to stop this deadliest disease and pray for those who have affected from this...

Definitely we can see the increasing prices of cryptos especially bitcoin if coronavirus never happened. It is really affecting in the market with this situation, hope this virus is no more infecting people.

If we believe that bitcoin is a protective asset, then the crisis that happened (regardless of the reasons) should have a positive effect on its price. But at the moment, nothing like this has happened - bitcoin showed a large correlation with the stock market during the fall. Maybe in the next phases of the crisis this behavior will change? Will see.

This thing happens since people are economically afraid on what will be the future comes since the stock market itself fall down and the crisis is a big threat plus you add the panic buying everywhere for sure all those what we called protective asset will collapsed since people will also get panic to cashout their crypto to fiat for security.

Prices were normal before Coronavirus came like it is today, but apart from the Coronavirus factor, the state of the world economy was in shambles, many countries were isolated, and it was certain that this would affect all prices in the world today, including the price of crypto money as well.
 

What we are witnessing now is what is happening in the world, a global crisis could create a global fall down of our economy.
True, if Corona virus did not happen, the market should be good now, in fact I was thinking that 2020 is a bullish year for bitcoin but the halving hype is gone due to this bigger news we are facing now, but hopefully the market would still recover although it will take time though.

Keep the patience, if you still have funds for this emergency, never sold a single bitcoin as this will definitely bounce back again.
Like it always does.

But many people expected bitcoin to be a refuge during the crisis. And it was supposed just the opposite movement - from fiat to bitcoin. Even with the fact that governments have already announced plans to print trillions, everything happens in the opposite direction. Why? It is unlikely that this is a global manipulation - rather, people continue to consider dollar and gold as protective assets.

Everything would be on domino effect when people able to see that traditional assets and related things are already being affected and its just normal
for human being to do things when they are panic knowing that main priority would be food and other needs which would mainly needed up some funds or in short money.
When they do know that they have some investments are in hold then higher chances that it would be cash out for sure yet the main priority would be survival and it doesnt
matter if they do sell in loss or not.

We are talking about close to a trillion dollars globally lost because of this. Maybe not right now, maybe right away, but we are talking about trillions in affect when this is over. Do you know what a trillion dollar is? Do you know what TRILLIONS is? Let me put it this way 2.4 trillion dollars equals to 6 months of 1000 dollar payments to all Americans, yes ALL Americans from the baby that is born today to 100+ year old dude.

So, as you can see if corona never happened we would have a better economy, we actually destroyed years of improvement on economy in a single month because of corona. I don't know what will happen after this and how deep it will get but I am 100% sure that it already destroyed many many things already. Don't know what we can do about it though.

A trillion dollars lost, but then guess what, a bailout package worth 2 trillion is being prepared by the US a lone. So we are creating more money  than we lost from what I am reading and this is all going to go very bad. And yes, that all would have happened even without coronavirus. My friend you have been not reading the news since 2019 if you did not see this coming.

Do you guys really think that the companies who are managing trillion dollars really cared about their bitcoin situation? I mean surely they must have some sort of "crypto analyst" type of position where someone in the company takes care of billions of dollars in crypto (with a team I suppose and not alone) and they must have been in panic when this all happened and they must have end up selling a lot too.

However, I am not sure if that is how it happened, they are huge companies and they have very smart traders working for them as well, which means maybe they were smart enough to keep some of the coins they had and not sell all of them, maybe even buy more when it went down? That way they could have dropped the average and sell for a lot bigger profit later on.

They'll hold bitcoin because there is no better option for now, stocks are affected by the global crisis, business are close so they can't operate but the crypto market is still here, operating like normal and bitcoin has been very strong in the past few days, this is very positive and I like to see the increase of money entering in crypto.

I would like to know where you are seeing an increasing flow of money into the crypto  :)
As far as I know, after the march collapse, all statistical indicators indicate a decrease in interest and volumes.
And if we are discussing all the options, what about gold? I heard that the physical delivery of gold were sold out for a long time forward in the last weeks.

Are we really sure it would have been same? I mean sure corona affected a lot but I think economy was going bad anyway, maybe not this bad, maybe not this fast, but it was going bad all the same.

Eventually we would have reached this point, however that only affects the other stuff, crypto would have been better for sure because all others would have fallen slow by slow and people would see it as a bad thing for them and moved to crypto however now everyone sold everything so it turned out a lot worse for us because it was sudden so there is some affects for sure I am not going to deny that but we can't say that all of it was tied to corona. On top of that if corona never happened, we would had a lot of companies staying same, now we have tons of sectors all closing down as well.

If Coronavirus never happened then maybe we could be in the mid of bull run! Bitcoin price went to 10K USD, that was the beginning of the bull run, there was a good hype for the Bitcoin halving and now everything is gone! If this virus never occurred we might see Bitcoin at 12k USD, ETH at 320$ and BCH at 480-500$!

Not still. The market would still keep dumping and pumping because most of the institutional traders are trying to accumulate coins and this corona virus had helped them the most in collecting more of the BTC for us to still keep looking up to them in the future. Its a cruel dog eat dog world and our coins are eaten by these big dogs. $10k is probably even just the bulltrap of them.

Since the outbreak of the corona virus, of course all aspects of life have been affected both socially and economically, slowly but surely many people in various countries are now beginning to experience difficulties in carrying out their activities, so that economic hardship is a risk that must be faced, even since many countries have applied various price isolation bounced but not accompanied by adequate finance.
But many blockchain companies who choose to allow their workers to work remotely or from home, so, that cryptocurrency trading is not too affected by the spread of the corona virus because we can trade by just sitting at home, but still today the crypto market continues to deteriorate and whatever the cause?

Even if it does not happen the way we now see it, cryptocurrency is still unpredictable. We might be seeing bull run and it might be the other way round. Normally, the market would not have plunged at the time it did, but some people (whales) aided it.


That is just the basic truth. They are behind it. Well, it is a pity that they have achieved their aim. They bought when saw that it had plummeted to where they wanted and now they are in profit.

Yeah, the 2 trillion dollar package is coming but at what cost? What is it going to solve? USA has been trying to bail out companies over and over again many times already and they still haven't realized that it is not the big huge corporations they have to save, it is the regular people because those regular people are the ones keeping those companies alive, if you do not give the money to regular people those companies will always lose money since whatever they are selling, regular people eventually can't afford it and when they can't afford it the price of those companies stocks will fall since they can't sell their products.

In order to make a company rich, you have to give money to its buyers not the company itself, if the buyers have money to buy, that company will sell and make a profit.

If coronavirus never happened I personally still believe the crypto market will get a decrease before and after halving but one thing I believe is the decline will not be as severe as experienced so far because with this coronavirus the decline is greater and of course it makes the situation more bad. But after all, I personally am still confident if the bullrun will definitely happen but at least it will not happen this year and we will likely wait at least until the pandemic ends.

There is no definite answer to your question but with the way Bitcoin started the year, the sign would be bullish and the price could be around $14k. I just feel the Corona Virus thing came at the right time, it helps people come to their senses, there are a lot of prediction out there, with the project of Bitcoin hitting $200k next year though anything is possible but we need to be realist IMO

We are already rejoicing when we hit 10k last february, we thought that it is continuous, but wait, covid suddenly becomes pandemic. Too bad, everyone is in the panic mode. Maybe, if it was contained much earlier, we will still see the bitcoin's price in 10-11k level. But we really can't predict the future, so everyone should always have contingency plan when you are in crypto. We will face more challenges in the future.

It seems like bitcoin is just waiting for one big push to pump right now, its been very stable at $6600 for days already, and we can't say that there are no people trading right now because the 24 hours volume is over $30 billion.

Because you think there's no bull run this year when Coronavirus did not destroy the economy yet, then maybe this is the time that the bull run will come, I mean people should safeguard their money especially US now which are heavily affected, where would they put that? stocks?, no... it's gonna be in crypto.

I don't think corona virus has big effect on digital currencies, even though there is no corona virus we don't know what happened in the current situation, even before the corona virus crypto was already very unstable and unpredictable

Agree that we cannot predict the future of this market, but Corona has caused the crypto market to collapse like it is now. It has scared investors and left the market. If it weren't for the Corona disease, we would have seen bitcoin surpassing $ 15,000 in April, which would be sad to see the current situation.

Well, that's a good price but I can't say bitcoin will reach at that level even if there is no corona virus.

Maybe we got ourselves hype too much with the halving, of course it could increase the price of bitcoin but it does not automatically mean it will rise that high. Before the corona virus, people are so optimistic that the coming bull run would result to the price increase but it did not continue actually, in fact it dump back to $7000 IIRC, and then the panic happened which makes bitcoin dump to $4000, but it was just a short stay, bitcoin then recovers.

Are we talking about crypto or are we talking about the world in general? If we are talking about just crypto, if coronavirus never happened we can definitely stay that we would be much higher and would be going over 10k by now with all the buying going on (you can say buying happens because price is low but buying would have happened as usual at least).

But, if you are talking about rest of the world, that might have been affected anyway since stock market was doing very bad and a bubble was waited for a long time to burst. Maybe it wouldn't be as bad as this, it is obvious that corona affected a lot worse than we anticipated but that doesn't mean the economy would be fine anyway. It would gone down a lot less than this, but still would have gone down anyway.

The market won't collapse as it did in the previous week. The spread of this Corona virus is very fast and the global economic impact decreases. Economic decline is not happening in one country, but all developed countries have declined. Even digital currency prices are also impacted.

But, we also felt that the price of cryptocurrency after the collapse, slowly Bitcoin and Altcoin slowly rose. And the limelight is Bitcoin moving up very fast.  So if the Corona virus does not occur, maybe the market does not collapse but the price will be stable. As in previous months. And learning for all of us is not to panic  "control emotions ".

Sure.
In fact, halving is now more of a problem for cryptocurrencies than a growth driver. The change in inflation at this stage is a small but very significant change in the efficiency of miners. Many miners will turn off their miners, which will become unprofitable after halving, this will lead to a decrease in the hash rate of the network and its reliability. This will be temporary, but it will take some time for the miners to get used to the new working conditions.

Agree with your comments. This market always has a huge price reduction and this is what happened in the last 2 years. I think covid-19 is just a reason for people to fear and if this disease does not happen then maybe crypto will be reduced even more. However, I think coronavirus has a lot to do with the economy and millions of people are temporarily unemployed.

Maybe we are in the $11000 already, Bitcoin has a good momentum going to the halving month this is such a good momentum for another all time high, but because of the pandemic, we'll have to wait for the eradication of this virus before the market can recover and we'll see the good result of the halving.

Even the Coronavirus did not happen we do not know if the price of the coins is still rising but maybe that is impact of corona virus or maybe not why the dumping of the cryptocurrency. Many people think about because this why does the crypto are dumpung because the people need a lot of moneh so why they converting their assets into cash and also they don't have work to invesg because of the communit quarantine or they are experience a lockdown.

It should be even more than it. We have been facing covid virus when bitcoin has broken 10k barrier and with the impact that will be caused by halving and there was a lot of possibility for bitcoin to achieve even more than it. If this virus still exists and people will always put their life at the top of everything

maybe the price of bitcoin will not fall to 3000$ if coronavirus does not occur because all markets fall when coronavirus exists, see all markets fall when coronavirus is there so all markets fall influence from coronavirus

That's correct because this market is set for a success, there has been halving in the past but still the miners are still here,  in the long run this will be the competition of the big miners as they can survive and its also expected that bitcoin will increase so these miners will not only invest on their timely miners fee but they will only hold bitcoin for the future.

In fact, there is an opinion that after the next halving, Bitcoin owners will have a problem with miners, which is based on the cost of bitcoin mining.  the fact is that with the development of the system, the demand for computer technology increases, which the miner will have to spend a certain amount of money, and this is an expensive pleasure.  Thus, in my opinion, dividing the remuneration for miners by half can negatively affect the price of bitcoin.  But this is only theory and speculation.  I think that there is still not so much time left when we can see for ourselves what prospects Bitcoin will have in the future and how halving will affect its value.

It will just make the market strong,.. we did see it fall but it bounce back and the price now is already at $7200 and it simply says it has recovered from falling. Cypto market now is the most attractive market to invest with now that stocks are down, these investors should result to increase the value of bitcoin in the long run and I would say in advance that we will have a good year this year.

Nothing is assured when we do talk about the future.We cant be sure if we would have a good year but at least we have seen that
the price is starting to recover which came from sudden dump when corona virus issue comes out.We cant even tell if we would able to hold up
7k levels and would shoot up even more.Come to think that we do even believe that we will reach 14k usd and up when price is tanking on 10k
back before and then the market dumps unexpectedly thats why im not really hoping that much as long i do see some gains then
it would already be fine for me.

I think this part of the evolution of bitcoin is very sad. There used to be decentralization among people, but now only among corporations. Mining is managed by large industrial enterprises. All of them are related to the law and I will not be surprised that over time mining will also fall under regulation (I mean transaction blocking and censorship).

We are not expecting that coronavirus will become pandemic and have a huge market effect. We are started at $7.8k this year and continue to move almost $14k and everyone got shocked when it dumps to $4k because we are thinking to have a bullish since halving has to come this year but unfortunately, we got this thing and many people are in panic selling causing the price to fall down straight.

If this coronavirus never exists, we are probably seeing the crypto market at high.

We are very near to the halving so if the Coronavirus never happened, I am pretty sure that the market right now is very alive and the bull season is already kicking. As you can see even if we are facing a pandemic but after the big crash the market still slowly pushing the crypto price forward.

After we break the 10k barrier last February, I thought that we can see the bull season again but we have no control over the market situation so let's just hope that the big investors will do something to make the market more lively again.

Im not sure about that. There are other factor that could lead the bitcoin market to 3k not just the corona alone. But if there's a way to fall down of course there are chances for the crypto market to gone up also. We will see as we approach the bitcoin halving. Market even altcoins will be pulles up by the immense movement the bitcoin could brought us. I am not totally optimistic but from what Ive seen from past result price do mature during and every halving but thats not a solid ground for belief so I am not taking huge risk but just a moderate  apetite for investment.

You are right, the price of Bitcoin is fluctuating based on the situation we are facing with the Pandemic, there are some countries losing their lives for this virus which makes the market is fluctuating hugely. So again today, we are seeing the fluctuation of Bitcoin price, this makes most of the altcoins are decreasing their prices.

i think even without corona virus that happened crypto will still go in its right way,  crypto cant be stopped from going up ,some weak hands just got panic and drove the market down but recovered pretty fast.

Being conservative is good, crypto market has been trying to pump but bitcoin is not successful, now we are dump below $10,000 and we need to rise again back to that price to see a new hype in the market again. At the start of the year, people were so optimistic but then this pandemic happens, hackers dumping huge BTC, it resulted to a temporary dump, and you are right we are no assure of anything but we just have to trust our instinct here.

If corona did not happen i think bitcoin is already playing  @ 20,000$ price and while halving is approaching bitcoin will continue to rise up and making another ATH after the halving

i see . so no major difference at all because btc before is already stable and price could still have go down even without this event that happening which was the virus ( covid ) but you said the covid makes the btc fluctuate more  ?

  well thats good because daily active traders can benefit with that , buying coins when drop and selling it when high  . they can just do it most of the time but what im worrying is the other long term investors  , they cant benefit on this fluctuations too much if price will pump huge one at a time  .

We are seeing a fluctuation I guess, bitcoin rise to $7200 IIRC and now back to trading at $6800, I guess that's the fluctuation the poster is talking.
Also, the volatility is high for bitcoin.

That's why whales love to move the market as they are day traders as well, they also make good money with short term movement.
One example is when bitcoin dip this year and it bounce back to the current price now.

We dont need hype but rather a full or high adoption of crypto because if we do talk about being hyped then we know that bubble can burst anytime but well this isnt something new on crypto space.
We have seen on how many times this market plummets and then recovers and pretty sure that we would really see a rainbow after all these things.
Future cant really be known but somewhat we can make presumptions basing on whats happening on the current situation.

It was the same nothing gonna change on it, Even do have a pandemic that we called Corona virus the cryptocurency are in still nothing change it will go down the price or up. It was normal for the crypto the prices like that and would always we know about we always seen crypto curency will take to that movement.

But some people in here it is because of the corona virus happen so that's why the crypto world in a dip price situation.

It makes no sense to argue that the virus is "still here" already. I think the world has already changed very much and "as before" will never be. This applies not only to economics but also to politics, I see large-scale changes in this area and I am afraid that they will worsen the rights of people and the level of freedom that was available to us before.

Corona made a huge impact in economy and world stocks in every country, but corona did a good to our mother earth, we  already forgot to preserve what mother earth gave us.

Now only Corona news can influence this market because investor sentiment is now very frightening and many will choose to sit still instead of investing now. Of course, keeping fiat is the safest option but you will definitely have to use it when needed. Personally, I consider this an opportunity to consider buying some cheap coins and will keep until the end of the pandemic.

for sure you are joking in this part?because even if Pandemic did not come to make people panic still the movement of market is not enough to make the Bitcoin price to $20,000 this early so don't pretend to be more bullish when there is nothing to expect.and yeah the price from January starts to grow until beginning of march but this not means Bull will come that early.anyway we are now nearing halving and we will witness what is the effect for all of us investors.

No, coronaviruses didn't destroy the crypto market, only the whales were the culprits. Bitcoin's growth move in early 2020 is too early to prepare for the Halving event. sharks pumped money to make the price of bitcoin grow and make people more fomo, then it fell miserably and a lot of people lost money. This is one of their manipulation plans and you should be familiar with the rigors of this market.

This virus affects a lot about the economic growth of the country because there are some countries who have lockdown their individual states in order to control the virus spreading. Nobody doesn't know how long this will continue, but with this virus, many countries are affected very hugely.

Whales are the ones who know the psychology of investors the most and covid-19 is just the reason why they control this market more easily. In fact, any financial market is manipulated and that's why the downtrend is overwhelming the whole market. I think when the covid-19 ends, the price increase will return soon and investors will feel better to participate.

The longer the virus still stays, it continue to damage the economy, it's not only a manipulation as it's really happening, the government are spending now while there is no money coming into them since no tax are getting paid to them as businesses are close.

It's a real struggle and maybe there's a little manipulation but we know what people would do when there is a pandemic, they panic, and they don't invest.
maybe this is the best time to accumulate as I also believe that the price will rise once the pandemic is over, however we are still taking big risk and we don't know if the price has already dip.

corona caused a very severe global economic crisis and forced everyone to survive and not leave home, if there was no corona maybe the situation of crypto or other stocks would not experience a bad downturn like this.

Well,,, it is like this. Yes, Bitcoin is not affected by coronavirus in the long term, as it has nothing much to do with it, but we cannot deny it has a short term but temporary effect (Bitcoin mining companies in China for example shutting down and hash rate doing down).

But as you say, up and down in crypto market is perfectly normal.

I agree, probably if there was no coronavirus we would be seeing the price reach $ 13,000 this month, but unfortunately after coronavirus became a pandemic, the situation of countries and markets around the world became something devastating and today we are seeing this fall in the price we don't know will last until what day. I see some discussions on television where commentators say that this crisis that will arise because of the coronavirus will be a very big financial crisis, many companies in my country are laying off their employees and this is happening in most countries which will reduce purchasing power of people

whether there is corona virus or not there is no guarantee that the market will be on bulish.. bitcoin price will not be affected as well

If everything is going down and that happens to bitcoin too, it will become the new normal. Economic crisis may await while these currencies are somewhat valuable now it could turn the wave anytime soon. So many country is suffering from the economy right now even worse manufacturing country like in asia seem to be hit by the covid though might not be that severe in statistic but there's no guarantee that the information might be misleading due to minimal testing that happen to its people. If food is rare, currency regardless whether it's digital or paper will be worthless.

This year the economy will certainly be in recession and millions of people will lose their jobs and may be stricter than in 2008. In fact, now panic anxiety is rampant around the world and without a vaccine, things could get worse and worse. I just hope life can return to normal and the crypto market can grow as stably as 2017

Even if they have a corona virus the crypto are still alive and doing their best, But in come of bull run we cannot tell if have bull run right now. As you can see the market are in dip price but not totally dip it was stable prices as well. And dont worry about it crypto are not affected in this pandemic happen right now , And actually crypto are always high the price and sometimes down and we earn a lot in crypto because we are still in our house doing work from cryptocurrency.

Ledu has nothing to do with it and it seems like this project needs to create a competition like that to survive. Remember there were so many events that will be happened this year. That makes sense if covid was no there and then the price of bitcoin could increase even further caused by people will be hyped bitcoin due to the halving event.

This is what was predicted by leading economists and the whole economy could be worse without the vaccine. Based on what is happening, 2020 will certainly be the worst year in human history and you are living in an epidemic era. Of course anyone expects this epidemic to end soon but it will take several years for the economy to recover.

even before corona crypto had experienced a crisis and there was a drastic reduction in prices, so don't ever crypto on corona because corona only affected the economic crisis for real work. Maybe if there is no corona crypto state the same as now

You are right, cryptocurrency was effected before Corona only, so we need not bother about the price fluctuations because from 2018, we are experiencing the crises in cryptocurrency, of course, there is the small effect for the cryptocurrency because some project cannot able to regain its value due to because of market situations.

yes cryptoworld is as volatile as ever even without the pandemic maybe we are experiencing some delay in the upcoming market recovery from 2018 to 2019 downfall but i surely believe that this pandemic is a key element to the next crypto all time high

Can we talk about this year, I know that corona started in 2019 that's why its called covid-19, but it got worsen this year and when there its declared as pandemic, that's the time the price of bitcoin dump. Without this pandemic, the price could have increase more as we have a great start this year, and the hype is good due to the incoming halving.

In general corona has a very small influence on this market because the crypto market has not been able to account for 1% of global GDP so there is not much happening.

I think investor sentiment is greatly affected by this epidemic and if things get worse the economy will collapse and millions of people will lose their jobs. Of course no one wants this to happen, but we can do nothing but wait for the vaccine.

Although the corona pandemic does not affect directly, but we can see how the impact of the fear of the world community on corona today, many investors who prefer to secure their money rather than invest in cryptocurrency in these circumstances, of course, with many investors who continue to sell assets they certainly make crypto prices continue to decline and change the crypto market to be very bad now.
We all hope that this corona pandemic will end soon, and that will make the crypto market return to a better condition like before the corona hit the world.
 :'( :'(

Panic would really be there and its hard to just ignore or neglect that it wont give out any affect on the price no matter what market we've been talking on here.Of course people will surely cash out their investments to fiat to buy up their needs for survival.Some might not consider on such step due to have sufficient funds to used on but majority would surely sell off.We have seen that traditional markets are on reds or decline now.
It might not show directly on cryptocurrency since we somewhat recovered or rising but doesnt mean that everything isnt connected so we cant still be sure.

It's expected, the economy will slowly recover and the market is going to full recovery and who knows it might pump this year.
We have to hope and pray that the vaccine will be available soon so we will see a steadfast recovery of our economy, especially on those who are affected a lot.

since the very start of this year we have seen improvement in prices and until Mid of march but changed after this Corona Virus moves each part of the world.
the World economy starts to fall down and goes inside crypto market as well that is why we have this Low market now.

Now the corona virus has spread to almost all countries in the world today, and as a result, many countries are experiencing an economic downturn now, of course the virus also has a very bad effect on crypto trade and results in many investors being forced to sell assets on a large scale, and its aftermath these right now  sales volume is greater than the purchase volume available in the market, resulting in the market continues to deteriorate and the current crypto price decline.

That is why the OIL CFD prices fall to the negative sphere after no one wants to buy the overprices oil CFDs. The crypto traders are smarter than traditional spot forex or stock traders because the volatility in a day is enough to make 30% in a day. Investors shouldn't be forced to liquidate their positions like what happened yesterday. All this drama happens because of the Coronavirus and its impact in the world.

Many people blame the coronavirus but we still not sure yet if it's the cause why the market are dumping. But for them this is the effect of lockdown or quarantine of most of the cities and countries in the world. Once this is done lets see if the market are done if they have improvement in the market we have assurance that coronavirus is the efffect of that but if it's not after few months after the lockdown for sure they have reason.

Now everything has happened and there is no way to prevent this disease because hundreds of thousands of people died from covid-19. I think this is enough to make the psychology of investors panic and Europe is suffering heavily and the number of infected people is increasing. Most of the countries with large economies are in serious financial crisis and will certainly impact the crypto market a lot.

I think it will take a little bit of increase right now because of upcoming halving. This pandemic hits the global economy and many business and establishment are being shutdown and until it will not settle it will continue to this way. Many private business and countries will surely set their move for adoption of bitcoin. Its being cancelled because of this reason and many ICO's have been paused for safety measured. As you can see, cryptocurrency remain strong and it will continue against this crisis.

why imagine something that has happened? in fact we also don't know if corona never existed. so don't blame corona for causing price drops in crypto. we are now just praying that everything will end quickly

I think it’s very early to talk about economic recovery. She is far from the bottom. The fact that stock indices made some recovery does not mean anything. More precisely, this only reflects the actions of governments to provide liquidity. The real business in the economies of all countries is very bad - and even governments are unable to cancel the coming collapse. A recent example is the negative price of oil.

I think coronavirus will end quickly and you will not need to wait too long because the situation now seems to be a lot better. In fact, some countries have stopped quarantining and are returning to normal life, so I'm sure the crypto market will grow again soon. However, it takes more time and hopefully soon there will be vaccines for everyone's peace of mind.

It will only end if there is a vaccine already for corona virus, some countries have stopped the quarantine but there are still limitations, life is not back to normal yet, there's still a risk outside and anyone can be infected again, only the vaccine could ease the mind of the people and we will start building to recover again.

Yes I agree. It will still depends in the action of the government what will happen if corona virus ended but I know were still far from that. I hope scientists and doctors will figure out how to end this virus because if people back to work again it might happen again. Someone might spread again this virus.
I'm sure business will start again step by step and other establishment will follow.
If this not happened, I know cryptocurrency will surely increase by now because of the adoption and halving.

In fact, the vaccine is the only safe way to get things back to normal, but it could take at least another year for this to happen because all current vaccines are only initially tested and there are so man different process. I think if any country declares a vaccine then the country will become rich because there will be billions of people using this vaccine in the near future regardless of who.

within one month and some days bitcoin has recovered 95% so I think coronavirus may favour bitcoin and Cryptocurrency market some days to come. We are having good time in cryptocurrencies after this pandemic has been brought under control. We hope people get more healing from now up.

Crypto currency its always we known that have a price be up or down, Even if they have any pandemic or any tragedy happen in our world cyrpto could not affect on that. We cannot blame to those happening right now in our world on why the crypto is go in dip price, Actually if we are to long doing in crypto we understand on why the price are not stable its only making a dip price or a chances to bull run.

All we need for now is to pray to end these pandemic and have a vaccine for that. Because to many people dying affected of pandemic.

I heard only China withdraw their lockdown and they started coming in work stations. Bur others almost countries still control their situation, still in USA thousands of people dying regularly although highest new cases in the country. Comparatively Italy has reduced the mortality rate. Scientists predicted that more than two years takes to be normal everything.              

China is a big country, the lock down does was not implemented in all cities actually, it was only implemented in Wuhan where the virus started but they are back in operation weeks ago or a month already. It seems like their method of containing the virus is very effective, but I doubt they can do that without any cure or vaccine, so I think they have a cure that they don't share with the rest of the world yet,.. I could be wrong also, this is just my opinion.

That is also very possible, I can't blame them for doing so if they really have the plan to advance their economic dominance. We don't have a way to know exactly but the Corona pandemic is going to make economies worse. But this pandemic could also be the beginning of a new economic system with blockchain. DCEP could actually start all these up for all countries.

Business as usual, follow the whales where they go and wait for FOMO to happen, if and when it occurs.



Based on my past experience also, I totally agree!



Exactly!

If at all, COVID-19 will just prove to the whole world that cryptocurrency is more stable (not in the usual volatility that happens in crypto when FOMO happens) compared to traditional investments instead i.e. stocks, fiat, gold, etc when pandemic pandemonium occurs.

If compared with other countries, Asia is controlling the disease very well and force people to stay home if necessary. However, Europe is different because of its poor handling and has made the epidemic situation more and more complicated. I think after the end of the covid-19 there will be another war to appear and China will surely be the first country to be noticed.

In my opinion, although there is no corona virus, the price of bitcoin will not be much different from now. Because corona virus doesn't give much
the effect on the price of bitcoin. When the price of bitcoin goes down it is likely because many people need sudden costs caused by the spread
corona virus that is so fast. So many people are selling the bitcoins that they have, that's what makes bitcoin have dropped in price. But soon the
price of bitcoin has begun to rise again and now the price of bitcoin has begun to stabilize.

Since the beginning of this year, the cryptocurrency market has started to grow pretty well in price. Bitcoin was rising, as there was an expectation of halving the reward for miners for each new block of bitcoin mined. Therefore, if the coronavirus did not appear, then the price of cryptocurrency would be higher. However, it’s hard to name specific numbers.

I of that possibility, the trend should be bullish if not because of corona virus, as of now, though it doesn't meet our high expectation yet but bitcoin is steadily recovering, soon it will touch $8000 and slowly the hype will be back again..

in crypto, we can forget what happen in real world as we are not correlated to them completely, that means bitcoin hard to predict because it's different from the usual kind of investment.

Coronavirus has destroyed the entire economy and the crypto market has also been greatly affected by this disease. Currently, the value of Bitcoin has recovered better than the previous month, but it is not certain because there is no vaccine. However, I think things will soon return to normal and the world economy will grow stronger next year.

Nobody will know what will be happening now exactly but for the purpose of speculation, I can say we will not be experiencing the current situation where all markets are down in responding to the pandemic of coronavirus. 

Coronavirus if not happened maybe the bull run have high chance to happen because if the people have business and work they can be able to invest some of their salary to the cryptocurrency that can push the crypto to rise most of the coin.

But maybe that is coincidence because we know price of the bitcoin and altcoins are natural decreasing but still remain if it's the cause or not they have possibility.

   I don't think that Corona pandemic has anything with bull run of crypto-currencies. Global economy and stock-
markets are dropping, but crypto-currencies hold strong I believe. And I think when this ends we will see a bull
run. End of pandemic, Bitcoin halving, all that will affect the prices to grow a lot in next year or more. I don't expect
nothing to happen over night, but this two will affect prices in the long-term.

remember that Investors of cryptocurrency are also human and the effect of the corona virus in Economy also effecting the investors that means they are also connected (IMO)

But today we already Hit the $8000 price of Bitcoin and some says this is another Bullrun but many are expecting another bulltrap fromt h the manipulators.
But what ever happens i think the important one is for us to remain supportive and altogether wait for the right time to sell out.

We really don't know if these increases would have happened anyway if corona never happened. Some people say that we were around 10k before this started, and we have moved from 5k levels to over 7k, even close to 9k levels, so they say that this 3k increase would have happened on 9k so we would have been 13k. That is not how it works, the bigger the number the harder it gets, so that means we are not going to be increasing the same from 10k to 12k and 8k to 10k, those are two different 2k increases from each other.

In the end we are going to one day increase to high levels anyway, and corona did slowed us down, but let's not overreact because we are already very high once again, which means we are going to be doing fine with corona as well and nothing to worry about.

Of course, after the crisis, the economy will recover and in almost all markets we will see a good rally. The only question is the pace of this rally. I think that given the depth of the crisis and its true global nature, this recovery will be slow if some new growth drivers are not found. Perhaps the perception of cryptocurrencies by regulators will change and this will be some factor that will help the financial sector grow.

the possibility that the corona pandemic has a direct impact on crypto cannot be clearly seen, but we do know that the world economy is clearly very much affected by this pandemic. so many of the funds allocated must be spent by the state to cover these sudden costs.
what is clearly disturbed by crypto is seen with many new projects that delay and add time so that they can continue to run waiting for the pandemic to finish, but not with existing tokens the market can still run well.

While i believe that it will Happen after the pandemic (of course it must) but
my concern is how long will we recover
 from what has been lost in this battle?
there are so many lives and businesses are now dying (and others died already) and bringing them back is next to
 impossible ,so maybe it is better that we expect the worst scenario than the best at this moment .and also accept the
 fact that life will forever change from this,Government to individuals and from richest to poorer.we will see lifes being
different from before this pandemic take effect.

This is uncharted territory that we're all facing at the moment and a pandemic only happens once in a century, or in one's lifetime. I got into crypto just after the decline of the last great bull run and I learned my lessons well. Although it was hard for me during those times since my gut says don't sell but my reality needs to sell it for financial reasons instead. So, this time I'll be more in a position to test the waters and hopefully get some payback towards profitability in due time.

For sure if corona pandemic did not happen btc is already above 10,000$ and its ready to hit its new ATH after the halving or by the end of this year.

Since we know if bitcoin price can increased again after dumped when corona come, i think coronavirus come or not wouldn't really affect on crypto price, maybe buyer will be less because some  of them save money for daily needs, but big player will still come and play with price.

Now this is only cryptocurrency that has growth at this time because it will also halving in a few more days so prices are increasing every day I also do not know what price will be strong in times of crisis like this whether this bullish will be stronger to survive?
Other global economists are still experiencing a slump because the country's situation is chaotic so that their industry is not going well and some financial sectors have declined by a few percent.
It is true what you say this growth will slow down.

it seems like yesterday it could influence the crypto market. yes because there was a decline and then began to improve again. even though halving happens, this will change the market situation which might get stronger.

of course if the corona virus doesn't attack the world, then everything will be fine, the stock market, the crypto market,
and people's lives are also normal, hope the world get better  :)

Ordinary life will never be "as before" this is absolutely true. The bad thing is that now there is a very high degree of uncertainty regarding the future that awaits us. I read several articles about this virus today and found out that it mutates very quickly, so it’s not even known what we can expect from it in the future. Some scientists believe that the likelihood of more aggressive and deadly strains of this virus is inevitable  :-[

Talking in terms of crypto, if this pandemic didn't happen, I think we are already more than $10k mark in bitcoin's price. And as we near halving, it will still go up. But we can't avoid this situation to happen, so just make the most out of it.

In fact, coronaviruses do not affect much of this market but generally it makes the market have a huge adjustment in the past few months. Now the situation looks much better and investor confidence is now better so the value of many of the major coins is seeing a major improvement this year.

I was very confident and chose to buy at $4,000 and really that price makes me double profits in a short time.

I believe the market will still have a correction. No gain will last forever. The arrival of the corona virus was really timely and it helped the financial game largely reset. The majority of the rich are now debtors and many are poor. This dramatic drop has surprised me quite a bit because of China's biological weapons.
but on the other hand this is also a good thing. when the prices of both stocks and cryptos grow unconditionally. Strong growth like this will also face severe slumps and will create an early economic crisis. so this adjustment is really necessary and it is rebalancing everything.

Good for you, buying at dip gives you a good profit at the current price.
Everything will change soon, but crypto will remain as strong as it was before, while the financial world is struggling, crypto now is offering them as a safe haven for their investment, and we are seeing a market bullish now, so I like to assume that it's the result of the demand of bitcoin.

It affects already and you are witness on that but the good thing is Crypto can recover at any chances but the fact that it falls bad still this can be affected by all means.
They are waiting for what to come good soon and that will be the deciding point if they will Invest again or not since the market is volatile and they are only finding the best chance of coming back.

i pray that this covid pandemic will end immediately ,so that our lives will be back to normal ,i need to work in order to earn money for the needs of my family ,but for now were just relying on our governments relief goods.

I also think of the same.
People got money to invest in bitcoin because of the halving and the money that they will use will on bitcoin instead of using it to panic buy with groceries and other necessities.

Market may fall as things may not be as smooth after opening because their could be quite a few other problems like demand, workers, cost of raw materials rising leading to rise in prices. Also, people may lose job and switch back to saving mode etc all this factor will not create much demand and stocks of such companies will fall back. Crypto may remain or continue to rise if investors turn money from stock to Crypto in coming days.

as per market situation and bitcoin price, i think corona has given the crypto community to focus on the market..  ;D ;D..if corona never happened, the market still on bearish

Cryptocurrency market are getting more attention when the epidemic breaks out, many people are choosing to store gold or bitcoin, so these two markets are the most prominent. I agree with you, if corona never happened, the market could be worse.

It has a bad effect on the market at first, we can see the price drastically drop when the pandemic became a world issue resulting to panic selling of new investors and those who need cash to buy necessities. However as time passes, the market recover despite the unresolve situation we are in up to now. I just hope this virus will come to an end so we can start over to our new life again.

Many believe that without the coronavirus the price will still be going up and that is not true, the growth that we were seeing was unjustified, it was a clear manipulation by the whales and the coronavirus was just the perfect excuse to let the market crash, but make no mistake the crash would have happened anyway and there was nothing anyone could have done to avoid this, this is similar to what happened in the stock market, many blamed the coronavirus for the crash but the truth is the stock market had been going up for years and a correction was needed.

It would had been similar with what we have experienced now. I mean, there is no difference at all. Yeah, it seems that at the first time coronavirus pandemic occured the whole market was falling down but it doesn't mean that if corona virus never happened it would had make the market better. It still depends on so many factor, not just this pandemic.

I think COVID-19 is a great opportunity for people to consider investing because when this pandemic appears, the whole economy collapses, and bad things will probably happen soon. I am sure that if a vaccine is not available, people will never be safe and can be completely infected at any time. During this time, it is best to stay at home and look for investment opportunities to earn more profits.

If the cocona virus not happened then the Bitcoin price must reach to the $15,000 till now. Also, I got many profit from my crypto investment due to the value increase. But, all these got a dream now because of this hell Corona pandemic.

Most markets suppose to be on the bull run now if not because of the pandemic. At the moment, most of them are in the recovery stage.

People are shifting their investment from other invested places to crypto currency which is good news for all the crypto holders. The demand is rising and will continue to happen and leading to this we will have a rise in the price as well. Also, a time to continue holding the bitcoins and other crypto and buy on the dips as well. This pandemic will change many things and people will even invest more in crypto going forward.

Nah, I don't think that's the case. It shouldn't be supposed to be on bull run, it's just the case study of most traders and investors but there's no basis that it should be a bull run by now. We're still in the recovery process that we've been since 2018 and then the downward movement on March 2020.

It's corona friend.  ;D
Actually, what we expected because of the virus is downtrend scene but it didn't happen and it became more favorable and opposite with our expected outcome.

The market is not what you expected, and reaching $15,000 is actually a high price compared to reality. I think Bitcoin's price does not depend on the situation of Covid-19 because after Covid-19 showed signs of declining, the crypto market is growing very stable. There are, of course, many other reasons for this market to rise and hope that 2021 will be a promising year for everyone.

Before the pandemic started, I wasn't expecting much from crypto. My mind was after the halving, what bitcoin will be of in a year time.

Albeit this pandemic has caused less investors, to invest less in altcoin due to economic meltdown. It is also weakening IEO project not to actualize their target/goals

the possibility of bitcoin will raise $ 10k for a better market I look better if it did not happen this coronavirus. bitcoin will be more stable and the price will approach would up to the moon of the economy has also been affected by the coronavirus in which the death occurred and the economy continues to deteriorate.

maybe at the beginning of the spread of this virus is not so large in the crypto market. Because last month we could see the market was stable but could return. maybe because there are more victims and many countries are also affected by the world economic rotation, eventually the crypto market is also experiencing problems in being able to grow taller.

The price is stable but this is not what we expect in this Season of Bitcoin halving right?so basically this is not good for all of us who invested inside Bitcoin for long time now.

Anyway the effect will only last this year because we are now starting to at leat making way to progress.

looks like this is the sentiment of every Bitcoin holder mate because all of us are looking into the bright side,but being interfered when the pandemic comes,some of us even added more holding before march until the market suddenly make the lowest price ever in the history since the couple of years ago.


Well this is part of crypto investing because of the volatility that dictates the prices and the movement of market,Lucky if we sold out before the dumping happens.

If coronavirus never happened i think there is no coming bullrun this year but as you can see when coronavirus was announce as a pandemic around the world, more country are starting to saw the good side of crypto currency and blockchain. In this way more people are started to invest again in crypto currency also bitcoin.

I disagree with you, but I am sure that if there is no corona virus, there will be a bullrun that will happen, especially halving this year, after many of those affected by the corona virus are getting worse, including crypto falling to the bottom but now able to rise to $ 10k and here they are are sure what is held in bitcoin is quite safe.

There is a logical issue here when it comes to the stock market and the cryptocurrency market when the entire market was closed the market did not go down as expected which is really surprising but we are not in a safe space and it will be evident in the coming months.

Even if we were not having this pandemic i am not expecting the market to climb and push higher as soon as halving takes place but it will take time and for anyone who are having a doubt, check back the old charts.

in my opinion the corona virus is beneficial for the crypto currency, look at the volume in 2020, the market cap has risen and the price of bitcoin has risen 100% since last March, this indicates that Bitcoin is an asset that people have been aiming for during this pandemic

i believe if coronovirus never exist
bitcoin price will run above 15K USD and Ethereum run above 400 USD mate
global economic was down hard because of this pandemic and of course that will affected this crypto space

not that easy and to reach the price of $15k also requires quite a long time. so don't think that corona is the reason bitcoin can't reach $15k. In 2018 there was no corona but why did the market at that time fall so badly?

Nice question but none can just say that if coronavirus never happened, everything will whole other or prices will pump. It will be just an amazing prediction, however, l would say everything would be a bit better than the current situation. That is why the cause of the corona crypto world has been also influenced. Maybe there would be fewer effects on the economy of world and also this world by corona.

In 2018 why did the price get worse because many new projects became scamer and brought in investors' money so that it triggered investors to stop investing in crypto and by 2018 there were also many scamer where so this triggered the price to be bad.

But in 2020 crypto began to rise, but the corona virus emerged and this made bitcoin sink again, making it difficult to make up for high prices.

In coronavirus saga the Bitcoin success was born! Not sure what does it mean? Read this article!
https://newsblockchain.io/news/coronavirus-vs-bitcoin-battle
If Corona never happened then BTC future would not be as bright as it is now post covid19 outbreak

If it didn't happen for sure we are seeing massive bull run until now or even throughout the year, of course, businesses are closing, small traders are using their funds to survive in this pandemic, however, I read an article that shows that a lot of people are switching to crypto when it started but still a lot stopped, so basically, once this is over for sure massive adaption will happen in cryptospace.

based on data in previous year ago when halving phase are passed, market are start moved, event corona pandemic never happened that's not much affected the market

We cant say that its the sole reason why it do have some price decrease in March 2020 but to presume that this event is the closest one when it comes to fundamental analysis.
but eventually the market had recovered and we are now almost touching in 10k price and come to think even the pandemic situation havent resolved yet or do becomes even
more worst, the market is starting to climb up which means it isnt really that being affected fully nor depending into that situation.

we expect too much from halving. we see that dividing LTC in half is also not very good when it's done. and now BTC also does it. Although not getting a high pump, but in the current world situation the crypto market has survived and is growing well.

bruuhh, of course we expect much from Bitcoin Halving, and impossible for bitcoin price can move so fast after finished hardfork, of course need time for investor are coming in market, that's why untill now didn'tmake significant movemen at the market

Nobody can predict what will in the future of Crypto. Now Covid -19 is almost under control the prices of cryptocurrencies (https://www.worldcoinindex.com/) are also slowly recovering.

Covid-19 really only affects big markets, and crypto is still a small market in the world. I am sure the current market we are investing in is growing more than before and surely more people will choose to invest in the future. However, you need to be careful because this market is very easy to manipulate, and if you make a mistake, it will still be risky, so think many times before making a decision.

The people have very well known about the impact that caused by covid for the traditional stock market but crypto is very different. It considers the fact that if we can do anything that related to the crypto online. This makes the impact of pandemic to the crypto is not so big.

Bitcoin going up from 4,800$ back to 10,000$ not considered to be a "high pump" for you guys? If you are expecting Bitcoin to move from 4,000$ to 20,000$ every time it goes bullish then I think you are expecting too much from Bitcoin's reversal. When the pandemic started I didn't even expect that the crypto market will be the first one to recover but in fact they did and until now a lot of stocks and countries are still affected because of the pandemic but it seems like the crypto market only tasted the panic part of the pandemic which is good for us. I don't think Bitcoin's movement for a bullish market at present is considered to be underperforming then I think you should set your expectations on something real and not expect Bitcoin to move up 300% of its value every time.

I bet that bitcoin would be around 12k right now if this corona thing never happened, due to this pandemics some people are afraid to invest money and some of them are selling the crypto because need to pay bills and more.

we have passed 10k$ before the pandemic and that is far from halving,so 12k is to low if this wasn't happen that time.

Now if it will continue to prosper i think we will be growing high again as the pandemic starts to lower the effect.


would you stop your shit in this forum by spreading your stupid site? i have been seeing you all over the forum with this.

Reported already and i will do the whole post history of yours.

I agree with you. Since Covid-19 boomed, the market is getting better, and people's mentality is more optimistic, so I believe this year will be a very good year for you to make a profit. If you chose to invest in March, you would probably have made twice as much profit or more because March is considered a month with lots of cheap coins for investors.

This pandemic has also good effect on the cryptos not being biased because of governments implementing people to stay at home and maintain social distancing, Majority of people now are working from home. Other nations around the world have noticed the importance of using cashless payments and 3rd party transaction such as Bitcoins, ETH, ripple, tether.

we cannot predict precisely about the movement of cryptocurrency if the world does not have a co-19 pandemic because it all depends on the large capital investors who play a role in it, but because the world is being hit by a pandemic co-19 the movement of the crypto market today is a bit chaotic although not completely.

I don't think it will reach that high, Im my opinion it will only reach alteast $10k-11k at the end of the year. Because of this pandemic the market is dump and affect the crypto currency, it will recover soon we just need to be patient.

Yes, I would think bitcoin could go up to about $ 14k last year. but due to the sudden outbreak of disease, large investors sold off and led to a bad bear market. Although the market has recovered gradually, I still believe that there will be another strong dump in the near future. The world political and economic situation is facing many incidents so strong growth now is very difficult.

The 11k barrier can be broken easily when ibtcoin has already surpassed 10k rate. I must tell you about the fact when bitcoin raeched more than 10k and it makes bitcoin can get a lot of pressure to go up instantly and this is happening so many times.

Bitcoin just recently pumped to $10k this month, but it never went to $11k easily, in fact it dumped before it recover to the current price now.
Therefore, we can never tell as the market is very unpredictable and let us not relate the corona virus on the performance of bitcoin as we have survive a huge dump in the early days when corona virus was declared as pandemic.

Crypto is not affected too much by this pandemic, since April the crypto has started to recover and now the price is back to the same as early 2020. And I totally agree with you Covid-19 is is under control and I hope it can end this year

Without a vaccine, it is not certain what will happen, and you should be more careful because the current economy is seriously affected by this disease. However, the crypto market is still stable and trending higher, and this is what I find most confusing. Of course, I still have some doubts about the current situation, but if Bitcoin price can stabilize the price above $10,000 then we should hope the altcoin season can come soon.

Maybe some people still think that this corona virus is the cause of the decline in crypto prices whereas on the other hand bitcoin has started to recover by rising to $ 10,000 but now it is at $ 9,400 and this will certainly be one of the good increases in the next few months to make up for even higher.

We cant say that it didnt really give any impact since we do able to see that it do able to affect the entire economic state on several countries.

We cant blame out people to think up that way yet everyone do have its own will to presume things but on my part i dont really see it to be that correlated

yet we had able to see for ourselves on how market moves in the time we are still on the pandemic situation.If corona situation didnt happen, we cant still

assure if the market is still on the rise or not.

mahh i know, but like i said above everything is need time, even for bitcoin itself, is imposible to move the price at the time when halving are just passed.
of course i'm much expecting more from bitcoin, because every halving are passed then 1 year after the halving bitcoin are moving faster in market