Bitcoin Forum

If this Coronavirus of a thing continues like this then do not expect anything good from Bitcoin halving in May or after May because it seems Bitcoin will keep going down from now on, damn no one saw this coming either way, I never expected a new virus to change the fate of Bitcoin and crypto market this year, the very year I've been waiting for, so sad  :-\

Well, Bitcoin/cryptocurrencies was meant to help us avoid such problems, especially financial crashes, but they seem to be somewhat dependent on things that can be badly affected during crashes or global disasters. It's high time we started "unlinking" Crypto from things that will be potentially problematic for it, and also make it more resilient.

we still have 2 months before halving, and the way its expected . There is no reason to be affraid since there is no confirmation that its always increase it price everytime that there are  halving its just speculation. The bull market may start before the end of this year and will only start when halving started.

Whatever the future may bring it's never going to change the fact that crypto and blockchain technology is the next big thing of our time, the technology is going to survive no matter what, Bitcoin that was wrongly talked about severally in the past prove them wrong already now everyone start embracing, not even Coronavirus can stop this

There are chances that the spreading of covid19 should stop in most of the countries as summer approaches. As the virus cannot survive in hot climate. I assume by next month things should start becoming normal. We still do not need to panic at the moment as things will certainly change for good.

Indeed the corona virus has spread to Europe so that various activities there were temporarily stopped due to this outbreak, but we this year still have hope about the rise of bitcoin because in a few months we will approach halving of course this will be awaited by investors and other traders Even though this has nothing to stop, bitcoin can still go through a crisis like this.

Corona causes many bad effects, not only to bitcoin. many people are pessimistic about the price of bitcoin.

many opinions that corona virus is bioweaon (deliberately created to reduce the number of world population), I don't know the truth.

But if I look deeper, corona virus makes it into economic paralysis. For example in China, economic activity there was paralyzed, shops closed, factories stopped operating and others.

can bitcoin survive with this? I think bitcoin has value because of the trust from bitcoin holders. If the bitcoin holder panic with corona and continues to sell, of course the price will decrease further.

in my opinion corona virus makes bitcoin holders panic, this is what makes prices go down.

Don't panic dude😁

It finally crossed that 30 of the RSI, it might drop more to $6k just to make sure those who will buy will get a discount. IF virus is going to a kill more and will spread to the very remote areas it could be more cheaper.  Very unforgiving market that people who thought bear was over are withdrawing their funds in loss. I guess the recession that we thought are just a fud might just be real.

Coronavirus will be more disastrous if a cure is never found sooner, and the birth of a dangerous bear market will begin, infact it will be an opportunity to those who wants to buy coins and ain't worrying about the outbreak, honestly I think this outbreak shouldn't be affecting crypto space at all but I'm damn wrong

Dont only look in crypto market stock market has more damage in price since the corona outbreak started .even local economy affected with what is happening to those affected country. And it can be wosten if this things will continue it will create more damage in all markets.

The question I would like to ask now is, is there any news about any crypto holder that died because of the virus? Why is there panic sell in the first place? This doesn't make any sense at all, Both stock market and crypto market shouldn't be affected anyway

Do you really think its because of coronavirus? I think its the whale who's doing this before halving. They just want to buy BTC in a low price that's why they are moving the price downtrend. From the past, we have seen a huge price change after every BTC halving maybe it came a year later but it happened. This time also it will happen I think or maybe you are right.

Are you saying whales have no more money to buy Bitcoin so instead they decide to sell off to drag the value down and buy again? That's insane, new money needs to flow into this space or else the halving won't have big impact, price can surge but will be in a limited time

Yeah, very unfortunate this is happening at the time when many btc lovers was looking towards btc halving and possible price increase, lots of people including me thought the period of bear market is over, apparently there is still more to come,
some people even predict btc can go as low as 5k, of course this is only personal opinion, i think panic sellers will make the price to go even lower, if people have learn anything they should know that btc always recover after every price dip, the 3k price is a good example.

I think this is not entirely due to viruses because there is no clear evidence that coronoa is the main cause, but if you question the economy of a country I think corono can be used as an excuse, because crypto is global is not related to any country and everyone can have it if it is not prohibited in these areas.

It does proves that there is no specific time where market can recover. Everyone already expected a huge return of the market for 2020 but this event related to the disease isnt expected at all so everyone got shocked. We are now nearing to 6k level and the price is approaching it very fast. Masses of btc even moved from inactive wallets clearly a signed of a massive panic selling. Time will tell how the market can recover, but Im sure that this will contniue until certain parameters for that virus has been secured.

This is basically an uncontrollable event that will happen to any kind of business, crypto, stocks, every countries economy, anything can be affected in this kind of thing, I saw some converting their holdings to gold which is a safe move however not all can do that. So basically, we just need to wait until the time of recovery and let just say that this is the time to buy some more if you still have some capital to release.

Unfortunately, I have the same opinion, if everything will continue this way, then even bitcoin halving will not help bitcoin to grow in price this year and the entire cryptocurrency market may fall in several times, therefore we have to hope that soon everything will change for the better.

I am also disappointed at this situation which turns out to look like "intentionally made"

the stock market fell from 2018 and the crypto market also experienced the same trend. and when this corona causes a weakening global economy because all activities will be hampered, then the economy will fall and surely the crypto market will also fall. simply, when the situation gets worse, the purchasing power of crypto will decrease and the selling power of crypto will definitely increase. if that really happens, then we are reasonable if we don't expect too much from bitcoin halving, etherum 2.0 and so on.

I just hope that this conspiracy can be clearly expressed by the world and can be stopped so that there is no global economic crisis.

At first I believe covid-19 is not the reason why the market is declining because this issue started last year but the price of btc still show growth specially early this year.

That is the reason why most of us assume halving can trigger another bull run to happen. But now it seems what we expected is not going to happen. Investors are in panic because of the covid-19, and I think the media has a big participation why people are in panic and worried for their welfare. But I know this issue will pass and everything will be back to normal we just need to be positive.

Exactly, whenever we see a negative trend most of the people will get into a panic and this makes many people start selling their asset, but one thing they should when we see downturn it is an opportunity given to us by the market. Yes, the media will pivotal role when we see a negative trend in the market, that's why we should be panic.

Yes, and today we can see that the market has started to fall very sharply, bitcoin and some of the top altcoins are also experiencing a very severe price decline, and I also hope that everything can be better next month, so that cryptocurrency can rise again this year.

Well i have only one question left: "When Lambo?"  ;D ;D

Lets just say this is an evaluation that people control the market. I would assume that urgent need for funds in fiat and the pandemic has caused great panic amongst holders.

Do we stick to our trade research and Information believes or flow with the present crisis??

This pandemic is a 'black swan' for the cryptocurrency market, it is unpredictable situation. No one expected it. This industry has never faced something like that. So Bitcoin wasn't ready for Coronavirus outbreak, and it turned to be a collapse. What's about halving. It will lead to Bitcoin's positive price movement, but the crypto won't reach more than $13,000.

Everything happens so fast, let's just see what's going to happen in the next few days htere are reports it's about the Plus Token dumping but now people are in a hurry to attach or linked it to the Corona Virus, the epidemic could worsen but let's see what will be the condition of the market in the coming days.

It will never happen until bitcoin will be touching the next ATH again. The pandemic of coronavirus has already destroyed so many things and it was also putting global recession ahead of us. Just try to say that when crypto will be getting its momentum again and this time it's not the right time to say that at least not for this time.
Crypto is also facing a very difficult time and situation.

Do you think that it is just a coincidence? I mean market were really going down it is just that the virus itself became pandemic as well, that we think that it is the virus itself that cause it, I am just wondering. I certainly think that this virus plays a major role with this current market condition. But anyway, because if it really a coincidence, then this down market were really an organic one. Nevertheless, let us just hope that soon the corona virus get shut down, the infected people be cured, and the market to recover as well.

The turn out of event is just really unexpected,first was the Chinese New year,what was expected wasn't what happened as it has been other years,now the sudden dump in price of bitcoin which equally affected other altcoins, some how I am tempted to think otherwise about the halving,but I hope it plays out well as other halving years.

From 1 week cryptocurrency is bleeding twice much. Although every time when cryptocurrency was bleeding, we have something to blame as now coronavirus. India lifts ban on crypto currency trading now several exchange has focus on this big market. As rules we will see some movement on crypto.

Well it's not only the Bitcoin market per say. The stock market is crashing and even more, economies are affected, many things not going right and there is financial crisis. Nobody expected this blow, many people got liquidated on leverage trading, so sad. This dump is epic and will be recorded in history I presume. However, I think before halving all these will subside, I just hope so because if not we might not see any bull run.

This will be a good lesson for you. Your expectations are faced with harsh reality and collapsed as always.
In fact, everything could be even worse, for example, if the Third World War had begun, it is not known what would happen to Bitcoin and the entire crypto market.

it is true that I have been waiting for this year so that there is a significant rise in the price of bitcoin, but we are also more patient today in dealing with this epidemic, I hope that this virus outbreak can be overcome.

Coronavirus is a Black Swan event and we have to preparr for the worst, so it means that manage youur portfolio and avoid more losses by selling now and buying back when market behaves normally. I wouldn't be surprised if the price fell to 2000USD. Yes, it is possible, it is the lowest level from which bull market started, so why we couldn't back to it. For me it would be so nice because it will be the last opportunity to buy cheap.

It's sudden and shocking how the market lost billions to Corona virus. No one anticipated this would happen considering how few weeks ago we will riding through another bull run.

As far now everything correlated with the corona out break but if the the virus under control and people wants to invest their capital back will trigger the price again to back and more than before.Hopefully the medicine for the virus will be found soon or else there will be another financial crisis like 2008 and could be fall of crypto market? ???

Do not panic. Stay positive thinking friends, it's too early to give up, we never really know what happened. This downtrend can be an opportunity for us to gather more, but it needs proper consideration and strategy because the risk is high, I am also trapped and choose to survive. I am sure if the basis has been reached there will be a bounce and new trends will come. Covid 19 not only affected crypto but almost the entire stock market and commodity trading, quite bad indeed but this storm must have passed.

From where i stand, i don't see the market gaining any surge as this downtrend isn't being experienced by just cryptocurrency sector but the entire world's commerce. The best thing is to hodl and be optimistic if your holding is already in massive dip, but if your loss is still manageable, it is advisable you tether as the market still shows potentials for more dip

It is not only bitcoin that is taking the hit. Almost every altcoin are also dropping red and are in a far more worse condition. Look at the stock market also. Its all red. None of us expected this to happen, but yeah, it did end up happening. This is why we all say the crypto market is unpredictable.
Well, there are still more than two months left before the halving takes place. This might change during this time (since the market is unpredictable). So it is better to start investing now instead of regretting later ;).

Whatever happens, the blockchain and bitcoin have so far shown good results and are still developing well. This virus is also not a cause for concern. Just now continue another sale of the crypt and soon it will grow in price again.

In this case blockchain will still alive for long time, fear and panic that caused market dumped. different with previous dump that caused by regulation in many countries.bitcoin and blockchain regularly accepted in several big countries and it mean they will legalize crypto market which is has good impact.  and now ,coronan viruses only make temporary effect in crypto market.

All coins have now fallen very much in value. There's nothing wrong with it. Their cost will soon be recaptured and so now is the time to make purchases.

This virus will not stop and will last for few months like SARS, so I don't think BTC will go up soon in this year.

Many people are running out of savings so they started to spend, I thought on this drop but not at this value.

Well I hope it wont happen. I cant believe because of this virus all of our expectation for this year will going to vanish. Nevertheless if you're a long term hodler this is not an issue.

Indeed or they are afraid of further losses with their investment so they decided to convert to fiat. The fact that people need cash now to buy goods are understandable thats why its reflecting in crypto market.

I don't understand why we tend to attribute every reduction in the value of Bitcoin to something negative. In my opinion, it's not always the case. Infact volatility and instability are attributes of the market and when we see such, we should know that the market is just being herself.

Not only crypto that experienced a decline, stocks and fiat currencies also experienced the same thing
I don't think we need to worry about this, because I'm sure this won't last long

In terms of development it is improving. The market needs  activity and those are comes from establishment that uses crypto. If those establishments are affected due to the decrease of people on the street then obviously it will also affect the market. We cant blame those people reacting to it as this event is truly scary for our lives. I believe it will also recover but the process isnt fast and it will take time until everything will be back again to normal.

Relax, this is still Q1 2020 and the end of the year is still long, this are unexpected because almost all markets have decreased including crypto which is almost 40-50% in just one day. Indeed this is very surprising and it's my first time seeing a price drop that is very far away, it's just that I believe everything will pass and crypto will again experience price increases.

It seems like the virus was intentionally unleased to destroy stock market for a while, I suspect China, it was intentionally done, I just don't expect it to affect crypto this badly, in few months more I expect everything to be back to normal, hopefully

so there is a chance that other virus on the past were also released intentionaly for some purpose ? and one of those was to crash the economy or the financial market ? maybe yes because in this way they can buy more stocks or assets  . then suddenly they will announce a cure after thier evil plan was done  .  these people are crazy that they do something that is crazy and dangerous just for the sake of thier own satisfaction .  more and more damage are dealt every single day and cryptos are also suffering with it . this is sad to those who are expecting for a bull run because what they see right now is much worst than they expected

You are right, this short period of decline certainly surprised many people. but for those who already understand how the crypto market works they will stay calm and look for ways to find more profits.

Coronavirus has dealt world economy a blow. Traditional markets are crashing, digital currency is taking major hit. I do hope we come to the end of this nightmare.

It's better to hope that the while thing will be settled before May and then we can see positive move upward. For now we don't know how far it will go. But maybe the market will swing a little before we see any change in trend.

I agree, just keep being optimistic while the maket is getting weak because it can cause also to market to be good again. We also need to be patience because it seem we need to wait for a long timebto its rise. Right now I think its better to take your time to buy some altcoin that have worth because surely most of them are falling the price.

If the traditional system keeps collapsing like we are seeing right now, people may abandon paper money in large quantity and face Cryptocurrency as a faster, border-less and seamless alternatives. This may as well help the market in quick recovery because people will want to trade too to get money since they are indoor. 

I think to buy a few coins will be better if done in stages, according to the analysis of our buying area. We know the current market uncertainty due to worldwide outbreaks, so many economic actors are focused on personal safety. and I think the market will improve as the virus is topped

We need to be highly optimistic for crypto this season. We do not need to panic because of the outbreak of corona virus.The blowing wind of this virus will soon be calm so that all things can go back to normal. Let us keep our confidence strong and remain consistent in our investment. There should be sensitization to all that the prevalence of this corona virus should not limit the rate at which people participate in crypto.All we need do is to be careful in the way we handle our health and then continue with our crypto business. Let us all keep our heart strong and be optimistic for a better turn around.

The corona virus has been getting more attention all over the world, the cases of infections has been rapidly increasing so this could result to a more serious economic problem, and of course crypto is not expected to that.

however, we also have to look at the bright side rather than panicking with others, we are given now some great opportunity to accumulate, we should see that as soon the virus will be neutralized, the market that we love will once again recover and rise.

there is a huge development ahead regarding the virus. china is making a huge progress in curbing this virus and also they are sending dispatch team to italy to help out with the fast spreading virus. Italy is loosing out in the fight and china was there to help out. Good thing that they are gradually reducing the treat.

It's a pity the market is going on the downtrend because of the Corona Virus outbreak but let's look at it from the brighter side. This might actually bring cryptocurrencies to the limelight. While you are sad at the things happening to crypto prices, I bet you, many others are happy. Better to grab the opportunity and own a good amount of coins.

And all of these games are just to strengthen trade and economy in their own country, we can see to this day that because of the corona virus the world economy has plummeted and all aspects of work are stalled, this is certainly a game that causes profits for themselves, not for other countries.

Not only on the crypto world that is a big problem because Corona virus but on real trading between countries is also very bad impact, this virus has become a big obstacle to the development of crypto value this year, we can see the price Bitcoin and Altcoins descend suddenly and we expect to go forward there will be solutions to the problems we are facing today.

I don't think the Corona virus will affect the market price for this year. the best advice and continuing to provide motivation for all crypto users is the best way to overcome it. because we work in the crypto world, there is no need to leave the house or office. we can do it at home and in front of our computer. so don't make this corona virus ruin the bull market atmosphere we're building. keep doing transactions even though it's small, because it's a source of encouragement for the price of crypto immediately bull.

that only happens if the vaccine has been found, but I think it's really just a matter of time. however, I feel that this virus has a really big effect, even in all industries. people might panic and sell the assets they have. it's just that I don't think that the effect of this virus is affecting the price of bitcoin very quickly. I hope there is no more damage to the price of bitcoin.

It could be true because if the virus will continue to spread the economy of a country will definitely be destroyed because every productions would be stop and hoarding could be worst that no one would appreciate and get interested to buy cryptocurrency anymore that people will be more focus in supplying their own foods and beverages instead of buying cryptocurrency.

Don't worry bud. It is not the end of bitcoin here. It's just a temporary dump and the markets will soon recover.
Not only the stock market but the crypto market will also recover very soon.
People are dumping their coins in fear and as soon as this problem is fixed the market will bounce back.

But I won't lose hope just yet, lots of hard work is been put in place to curb this endemic so let's hope before then there will be solution to this unfortunate issue, between btc sometimes has it's own way of doing things, don't be surprise the market will just recover on its own when the time comes, btc have done the opposite of what people predict before,  I won't be surprise to see it do the unexpected.

We seriously need a fast solution to the spread of this disease. It is not enough to keep on quarantining the victims, we need the cure to it.
The crypto market is not the only affected market, others, such as stock market, commodities and others have been affected. it seems most investors are just trying to take cover. Predicting when the market will recover, might be very hard.
I have converted most of my coins to Stablecoin, which is why I am not really worried. Whenever it is time to buy back, I will.

Use this dumps to jump in, don't just watch this all happening and do not regret everything. Ride this huge waves, or create something new by yourself. More movements - more potential profit :)

indeed optimistic nature like that is needed but you should know that such price movements rarely occur, it is better to buy a few coins at cheap prices like now so that you can get a lot of profits because cryptocurrency prices will definitely recover and increase prices .

Lol man this is not the time to lose hope, you should be positive enough and believe that this virus outbreak will soon die off and things will also change to good. Yes none of us was expecting this kind of situation to happen, I kept holding some of my coins since 2018 till now and I was hoping that 2020 is going to be the year that’s going to change everything and reward me for my patience and then this happened.

But, that still doesn’t mean that I’m giving up, I have a strong faith that things will get better. Don’t be surprised that before we reach that month of May when the Halving is taking place, this will end. So relax man, just pray that the world recover from this, that’s the most important thing now.

We have long way to go before the said halving. Lets just hope that before halving happens, it will comeback to 9,000 USD. For now, try to invest in bitcoin while the price of it is currently low. This is gonna be good since you can sell it higher than its current price when the halving is about to happen. This is a good way to make profit into it.

It is very easy to blame CoronaVirus for the current Bitcoin price tumble, but what most people forgot is that the price of halving has already been priced into the price. People need to stop seeing Bitcoin has a way to get rich quick, it is not, it is an investment and an investors do not invest today and expect his money to double tomorrow

No one know the future and we should prepare for the worst. Corona came when bitcoin on the top, like or not many people lost their fund because of this. I also see many people change their plan and some of them borrow fund for buy back. I think the solution is cut loss and start again after halving, meanwhile try to join bounty program and airdrop for wasting time.

Every sector is affected by Corona virus so its not only Bitcoin or cryotocurrency. It's high time crypto traders get to learn that the world events also affects cryotocurrency whether good or bad. That's exactly what is happening currently. We how everything gets cleared so things can return to normal.

If the corona outbreak continues and spread even more, we will surely get nothing from the halving that is soon to occur. We all didn't see this coming since there are a lot of unfortunate events occuring already when this year started yet another massive tragedy takes place once again. We should help each other out so that the pandemic event ends soon and everything could get back to normal.

That mindset is very poor and what you're trying to say is quite confusing. The halving has not yet occured yet and most of the investors are not waiting for it so they may get rich the soonest, they're waiting so that their investment could have some improvement.

We all do really not see this coming because we have started the year with a really great start specially for the part of the cryptocurrency community. It is just that there are really instances that we cannot predict what can happen between the days and months which can entirely affect the whole cryptocurrency industry. It is just that the threat of the Novel Coronavirus 2019 have spotted a great impact even with the virtual world making the whole market down as of the moment. This is the lowest price of Bitcoin that I have seen since the market have experienced a bearish one way back 2018. It is practically serious manner right now that the pandemic virus is causing a big impact to the whole cryptocurrency community. As of the moment, what we can do is just to hope and pray that the cure will be created immediately to treat this worldwide infection and after that let us all hope that a big bounce back will happen right after all have been settled specially for the upcoming halving this May. May we all hope for a better health for the whole world as we seek for the cure and eventually a good thing to happen for the part of the cryptocurrency community.

Surely this will continue to affect the market especially that lots of people are selling their assets in order to buy something for their family. That's why this will keep going down and down and we cannot do anything about it till something good happens.

Instead, I see this a good opportunity that will make a high bounce. This market is not conducive, giving a big "discount" almost all cryptocurrency, this is a good opportunity to get BTC at low prices, the risk is high, but if there are other fundamental factors that support the halving moment will give a good movement.
Well, the COVID 19 pandemic is indeed worrying, many people are infected. Back in principle, the more people get infected, it will provide an opportunity for natural antivirus formation, people who contract the virus but can survive and recover will not be infected again, meaning that antivirus has emerged, this is good. So keep doing the best possible precautions, keep a clean and healthy lifestyle, avoid crowds, lockdown. Hopefully, this will end soon and the economy and all fields will return conducive.

It has been rumored that the bitcoin halving has always brought about a huge soar in price and definite positivity.
So i think we can expect more this year, if the world economics can recover during this pandemic then bitcoin certainly do so and we can be positive about events and not panic.

I am also very disappointed and sad to see that market conditions are getting worse due to the effects of the corona virus. But we must not be
pessimistic and surrender to this situation. Because every problem always has a solution, I also see this as a golden opportunity to be able to
buy a few coins at cheap prices. Hopefully in the next few weeks the entire world can overcome the spread this corona virus. If the corona virus
can be overcome I'm sure the price of cryptocurrency will get better.

You are right, even though this situation is difficult but there is still a chance to get profit. Because bitcoin and almost all altcoins are down, this gives us a good opportunity to collect some as a long-term investment, although difficult, halving this year's moment will still be a surprise.
No one wants this to happen, the COVID 19 virus makes many aspects of life decline, but don't give up because this will soon be over. Pray for the good of all, stay safe.

Thinking for an easy money is an old tradition with bitcoin, we are on the reality of life now and we are seeing bitcoin struggling to become a better currency. The virus has affected the market that much and whales are taking advantage of that, we should not panic at all and always buy at the bottom price. Bitcoin can still recover this year, the halving will come big for us.

That real trading between countries are the one that causes for bitcoin to drop as well. Not just that of course but when a whole worlds finances start to rot, where do you think the money comes from? I mean you saw what happened to stock market, why did that happened to stock market? Just because companies wouldn't be making same amount of profit this year so the stock price went down? In order for the stock prices to go down you need to have sellers.

Bitcoin had a lot of people who got affected in their life so they had to sell and get that money back so they could continue their life decently, at least not bankrupt. You can't expect people who are in financial trouble to keep their money in crypto forever, eventually they will end up selling their coins to pay off debt and bills.

Well this coronoa virus really make every market goes down. But, look with other perspective the price of BTC or any altcoin is cheaper than before. I think its make an oppurtunity to people for starting invest on it. Im sure the price will rise again as soon as possible.

This epidemic virus has altered all combination and permutation. I am now trading with one eye open, you buy low, bitcoin dumps and alters your plan, it tries to move up, there is another huge liquidation, I just hope the clinic test of the vaccine on humans begin soon and be successful.

I agree. We don't have to participate in the crowd that is panicking about the current issue we are in right now, that won't solve anything but will just cause more chaos. A calm mind is what we needed, trust our leaders and support them by giving them ideas that could help the community to beat the Virus as soon as possible. And regarding about the price of bitcoin because of halving, it will still happen, no matter what, because I know we could surpass everything if we are going to help each other by lending each other's hand.

So many people believed in this year, however, whatever might have happened to the world economy through coronaVirus and which has affected crypto, is not enough to lose hope.
I already see a glimpse of that in your statement. Many people are also thinking this way, but for those who see it from a different perspective, we will soon hear from them. They might not come out to speak now, because they do not want others to join their league yet.

But I think upside down. Corona Virus is a solution for bitcoin. There are no easier transactions for us than using Bitcoin and other cryptocurrency. Fiat money is now meaningless. Everyone is at home. What about their transaction? the answer is Bitcoin.

But this is only the beginning to switch transactions from Fiat to Crypto.
Enjoy, and take care of your health.

not many cryptos can be used for payment transactions. except on the use of their platforms. indeed the use of crypto can be a solution but what about the adoption of the use of crypto as a transaction tool itself? not many people use and understand the concept.

Looking at the bitcoin charts, we can conclude that such investment opportunities fall at least once a year. I find it very funny.
After all, no other currency or financial asset in the world provides such opportunities. But someone manages to lose money during such global movements, and moreover.

Calm down, everyone now waiting what will be the next, but spreading a FUD is not a way how we solve it right? Currently Bitcoin is above strong resistance line and now everythings look good, also stock market is stabilized due to FED interventions, but the question is if this is a permanent solution or not.  ::)

Yeah, the terrible coronavirus pushes prices first up, then down, then up again))) Does simple flu or tuberculosis not move prices up and down)? Every year, the whole world is affected by epidemics of acute respiratory infections (people die as well) And the press is silent and no one panic, and now everything is as if on command about the same thing.

One question that is very simple, the decline of this market is staying up because of the occurrence of a pandemic virus outbreak. Is when the drug has been found will immediately restore the current state ?. Always think positive and wise

at this time although the corona virus is not the top cause of death, because there are still other diseases that are more dangerous, but the spread of this virus is quite fast and can spread throughout the world. therefore it stops the economic sector because of reduced human activity, to kill the virus for at least 2 weeks

Yes, I don't think the market will recover in the near future after the anti-virus drug was found, because before the corona virus, the crypto market also experienced a decline and was unable to recover in the near future, meaning that the causes of the current market decline are not entirely due corona virus, it is only a reason for conspiracy so that everyone is afraid of coronavirus.

I still believe that halving will make the price of bitcoin go up, but due to global market conditions that are still uncertain, I think maybe the price will not go too high. But when compared to other types of investments, I think an increase in bitcoin or other crypto will be more profitable

The whole thing was really unexpected. If actually corona Virus is the cause of the market downtrend, then it will take some time for everything to normalise. People are still in a big scare of the virus and some major countries in lock down. I just hope the market retrace soon.

You are very correct, but not just Bitcoin alone , but all economy in the whole world has been affected.
The most painful part about this virus is that ithas touches the countries strongly support  crypto. Movements has been restricted, no office work, no social gathering, no religion activities etc.
So it will really bring crypto down.

It does not only damage our economy but its also damaging the crypto market.
Bitcoin before this COVID-19 news is quite promising that it will be bullish going to the halving schedule, butt there is a news, and things happened.

I believe the market can survive on this, right now I also think bitcoin is just undervalued, so the wise man surely knows what to do at the moment.
its gonna be KEEP BUYING AT DIP, and enjoy the bounce back when it comes .

This does (stops the economic sector) not a virus, but live people do, deliberately lowering the value of the shares of these enterprises. A little later, the information noise will subside, people will return to their previous lives, the virus will not go anywhere and companies will be bought up at low prices)

Unfortunately, when coronavirus spread, not all consumers are affected and the largest amount of stock market level of goods are steady, probably these following months the trade volume has been down seriously but there still waiting for recovery, since the virus became a constant part of the news cycle,  community are afraid to their gold, because of this outbreak.

Although it is true that bitcoin will continue to fall towards halving in a few months but I still believe in the hopes of the future, not to worry because this disaster is a world problem so everyone will try hard and quickly to solve it. Stay with dream.

I dont think it will easily receding market are affected when economic scale is at risk. Viruses like corona are deeply targeting not just the global economy but also thr market for crypto since most people are being persuade to trade in for cash for buying goods and stuff needed especially medicals. How many those people involved in crypto got positive? Im surely some or most of them are pulled out their asset for this.

From where cryptocurrency market stands, this bear will be here for quite some time so far the global crisis and the pandemic coronavirus continues. With each passing days, more and more global activities are being closed, organizations, workplaces, industries to mention just few. One thing with this crisis is that not only cryptocurrency market is being affected but every investment option out there.

i still see bitcoin doing better even with the corona virus crisis, the market is bound to be his way, it only have to come through the corona virus crises, which i believe will bounce back soon. we have seen cases like this in the market for years past and it still balances back to make everyone happy. this is he time for panic and weak hands. while many dump, many buy back for the good days to come.

sometimes what we plan is inversely proportional to reality. don't we already know that the crypto market is very sensitive to good and bad news, we just wait for the next good news so I'm sure the market recovery will follow.
do not force circumstances that can not be controlled but just follow the current that is currently running.

Bitcoin plummeted on Thursday amid wild volatility in cryptocurrency markets, with traders citing a sell-off across assets as fears of the economic damage from the coronavirus pandemic take hold. Bitcoin has lost over 30% of its value in the last five days, outpacing sharp losses for assets from stocks to oil as the pandemic wreaks havoc on the daily life of millions. Bitcoin’s slump underlines nagging questions over its practicality as a currency, or as a stable store of value. Those concerns, as well as worries on regulation, have kept mainstream investors away, But it is recover as soon as possible.

Why do people think that when the whole world economy is collapsing, bitcoin prices should go up? I mean I can understand if it was local thing but this is GLOBAL, as in all of the world is in panic right now and everyone is afraid of either dying or infecting their elderly, so of course the whole economy is collapsing and it will get worse as well.

How could bitcoin be higher during all of this? People are selling literally their possessions to get tested and get better, they are hoarding many products to stay inside, they need money constantly. I mean this is of course affecting crypto, how could it not. The only possible thing that maybe could have gone unnoticed was gold because usually gold goes up during times like this but even that is low right now.

I also think that the price of Bitcoin will still fall to the level of 4000 dollars. Perhaps we will see even $ 3,000 and this will be connected with the global financial crisis. While you need to wait and not rush with the purchase.

I don't think so. The price can go to $8000 without the bounceback. The $3700 was the dippest point of the latest price drop and the markets will go to the higher points for testing the new resistance levels. The price is going to touch the $8000 and later the $10000 will be tested by the BTC price, in my opinion.

Either coronavirus or not, this is meant to happen, it's just like history repeating itself, coronavirus is just a coincidence to the crypto market. But I think it's time for the panic to stop, let's be patient and the market will bounce back. There is coronavirus, yes! It affected market, yes! But the panic is too much. Am sure the market will be back in matter of months. It's just to be patient.

Definitely more damages is going to occur to the crypro-market as a result of the Corona virus many people arepanicking due to the outbreak of the disease that has taken over all over the world even the stock market is suffering so much losses as a result of this.We can all hope that the virus will stop so that all things can go back to normal.