Bitcoin Forum

According to the Reuters, China is successfully fighting Coronavirus and they reported that more people are cured from the virus than died.

It is safe to say now that coronavirus was behind the markets crash, stock, oil as well as Bitcoin.

So how does this affect the markets?

If it's to be trusted, China says the pandemic should end around June: https://www.reuters.com/article/us-health-coronavirus/trump-stops-europe-flights-china-says-coronavirus-could-end-by-june-idUSKBN20Z0DY

Until then, you can count on prices dropping. When you look back at it, prices started dropping around the same time coronavirus was introduced by the media and fear started spreading.

If we are to expect the fear continues into June, prices should keep falling until June.

Be patient until June and then buy.

After many countries stop for receiving many people around the world because corona virus and now bitcoin going down, last update where United State never allowed Europe people come to their country for one month later and many sport even stopped for unknow time.

Look at all cryptocurrency prices right now it's dump by 20%+ today so I think coronavirus is affecting very much we might see a huge fall this time maybe it will go bellow 3000$ this time and this my opinion only.

Yes and not only us more than 100 countries have been affected by a coronavirus and not only cryptocurrency we might see economic fall many countries will be affected by this.
chines people are selling their assets and buying Gold and I think other countries people are doing the same.

I wouldn't mind it, but I acknowledge the fact that others would. Be it the end of the world, I am still going to hold onto my plan of hodling and believing in a future where Bitcoin will still be here, sustaining decentralization and trustless systems. A downfall to <$3k doesn't hurt me as soon as I won't sell.

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I'd rather follow history than China's words. History has repeated countless times before so my hypothesis is that we're going to witness a 1918-like pandemic. That means the virus could become less deadly once summer starts, but there is a pretty good possibility the second, more deadlier wave of the virus could occur by autumn. That is if the 1918 pandemic repeats, and I believe this possibility is pretty high.

since the outbreak of the virus bitcoin value has reduced drastically. this will be profitable to traders; cause most of them will buy btc now hoping to sell when its value increases. Its not a new thing that btc value keeps fluctuating. I believe the effect of the virus will end with time. especially when the virus is finally eradicated.

If it's true then most people will aim for this and will not want to lose this opportunity. Most people will target to buy before June and hence we might see a spike in the market May itself.
Though China has given a timeline for the pandemic, it is still not accurate since we don't how long this fever will last.
I will only suggest to keep buying the lows since it's sure that it's a temporary dump.

Nobody knows how long would this be and how deep could the price go.
There is no way for us to know this things and I think right now our top priority should be our health not our wealth,
We shouldn't be selfish and think about the other people's lives.

The coronavirus affects people . People affect the crypto. It's simple.

I intend to keep holding through the whole thing. Bitcoin doesn't deserve to be abandoned, and it is not even supposed to be influenced much by all this stuff. As for when it'll end - that's a big question for a couple of reasons. For one, I don't know about you but I don't trust China. When the whole thing was just starting, they tried to silence the specialist who was raising alarms and then died from the disease. Moreover, as the outbreak happened, strict control of China over its citizens got even more serious, so it is possible that the official data about the number of new cases is an understatement, and those who raise concerns are silenced right away. Another issue is that if we compare COVID-19 with the Spanish flu, it might suggest that the outbreak can have a second serious wave in autumn.

It does not only affect Bitcoin, everything is a mess.
Last 24h only 18 new infected in China bringing the total to 80,796 of which 62,826 have been cured and 3,169 died so far. 0.0056% of pop got infected.
In Singapore so until now no-one died of Covid-19 and 96 cured, Bahrain no death and 35 fit again so far......   
Some countries have much better cure success than others.
 Vitamine C  (https://youtu.be/VrhkoFcOMII) is key to quick recovery.

Due to Quarantine , people are supposedly buying a lot of groceries and food products , people due to excessive buying are causing a shortage of toilet papers in many parts of the world .

People are taking out all their investments so that they can cope up with this panic buying therefore I do think Corona Virus is causing the Bitcoin price to decrease and not just bitcoins it's many stocks .

There's nothing extraordinary about it, "more people are cured from the virus than died" means that mortality rate is below 50%, and there's actually few diseases in this world that have above 50% mortality rate.


There's no doubt that the virus crashed the stocks, but with Bitcoin it's not that clear, because technical analysis shows that Bitcoin failed to break past important resistance level, which might have triggered the bearishness. Basically, we don't know just how much influence does the virus have on Bitcoin.


I seriously doubt that Bitcoin will keep going down for months, the halvening is soon, and the market wants to be bullish, there's little chance for going down further, at worst we'll have another period of stagnation.

The virus was just the pin that pricked the bubbles created by the central banks. It isn't the cause. Gold, silver and Bitcoin are stores of wealth, so you can expect them to increase in value in the medium term. Expect a rocky ride whilst the world economies reset though.

I don't think it affects bitcoin more than it affects the world's economy. A lot of sporting events were postponed, and a lot of different goods were stuck on harbours and piers in fear of the virus being shipped with the said containers. The markets may be panicking right now but they can recover, obviously, knowing that they have had far worse events that happened and continued to rise still. As for bitcoin, it's a normal event for the price to decline during halving, only for it to gain steam weeks after the event.

I'm not watching that video, but I have a feeling that there's not much science behind your claim.  Vitamin C has been shown to be able to reduce the severity of the symptoms of the common cold, but not the duration of the infection and it's my understanding that you'd need to have been taking it before you got sick and not just start when symptoms occur.  Anyway.

So much discussion about this virus and its effect on bitcoin--it's interesting to me what's happening, but it's also disheartening.  Is this going to end?  Yes.  Contagions don't go on forever, nor is this particular one extremely deadly.  But as I've said before, the fear is real and so is the effect on the economy, the stock market, and bitcoin as well.  I have confidence we'll get the virus under control and things will get back to normal--the problem is the uncertainty as to when that's going to happen.  The longer people are frightened and the more they sell their investments for cash, the worse it's going to be for crypto.

So far, the bitcoin crash hasn't been horrible.  Bad, yes, but it could have been (and could yet be) much worse.  The price currently is twice what it was at the beginning of 2019, so that's something positive.

I agree. Vitamin C is not for the infection recovery but for getting a stronger immune system for a person not to catch the virus easily. This is a fact.

The recovery rate is much much higher than the death rate so there is no need to worry about on how the WHO and other healthcare institution is handling the situation, It is just that the deaths is inevitable especially now that this is just a month long problem so far. "The fear is real" I can feel it here, people are panicking and buying everything. In fact, the basic necessities like food and water are already sold pretty fast in the market. So I must conclude that this is similar from what is happening in digital world.

China is successfully fighting COVID-19? I guess not.

There are reports that confirmed cases are keep growing every day, medical solutions aren't still available so how will they stop this pandemic level virus?
Also, bodies are being disposed of just to lower the number of cases in China to show a better picture of making it. That's the place where it started so how we will solved this case if their whole country is full of infected people, and there are possibilities that even their representatives or superiors get infected too.
Vitamins are for better Immune system, not a cure for this virus. There are many misconceptions regarding Vitamins, people should know what's the purpose of it.

Only Sarah Connor (third one from phone book) know future. Ask her.

Yes. This is a patience game. The roller coaster ride will stay for how many months and what's the most important matter is that you are not letting the opportunity pass alone and you're buying at the every single buying opportunity.

I have read analysis that says $5k should be the bottom and it actually did. Within a span of less than 24 hours, $2k less for bitcoin and around or more than $70-B has been wiped out.

What's is the proof that the severe dump today caused by coronavirus? Honestly, I'm not really sure that the dump happened because of coronavirus. I think it may be caused by other things such as overbought or dumped by whales. These reasons seem more sense than coronavirus. In addition, I doubt if some people want to take advantage of spreading the issue of coronavirus impacts.    

Considering the patterns in the market value of the stock market and the crypto market, we can strongly concluded that coronavirus has some kinda influence in this changes.  This coronavirus problem has not just affected the stock market and the crypto market. It has affected the entire economy of China and some part of the European countries.  From the look of things, the entire markets will be up again when the coronavirus is no long a problem. For now, the crypto market might continue to drop. It is advisable to hodl your crypto rather than selling them cheap.

Im a little suprised tho, its better and easier to store than gold.
You can't buy toilet paper with it easily enough probably, that is reason of current bitcoin crash... toilet paper.

Semi-joke aside, people need food stockpile for bad times, toilet paper most of all and that need cash, not Bitcoin.

the more countries that will follow the "lockdown" solution, the more pension fonds/investment fonds/governments will have to sell out their assets to be ensure having fiat enough for the troubles it brings(pension payouts, medical payout, etc).
Even though every market dropped a f-ton over the last few days, the infection rate is lowering. and when the infection rate is on its way down, we will see very flourishing market.

this is another mass effect caused by the media and mass panicsales and general gossip. And worldwide media can have a HUGE effect on crypto, as its total value is very low compared to stock, and resources, etc.

i can tell you this. I regret not selling as soon as i i saw how easily the flue spread throughout the world. yet im not gonna sell now as i know this will pass and then every market will rebounce closely to their usual state. factoring the block halving this will be very hard to predict. but i expect that the market will be back on track in (hopefully) less than 3-4 weeks from now

We can't be too sure when will this pandemic end. As long as there's no cure, it will continue to spread. And this affect the price of Bitcoin probably because this virus is also affecting every economy of countries that are affected by this virus. There's already a lot of countries affected and sad to say that their cases are continuously growing and it's totally affecting every economy. And when most countries economy are affected, stock markets and even crypto market is affected. Let's hope and pray that sooner scientist can find solutions for this virus.

I quite hope that the problem of the economic downturn is completed in June, however, the effect of this on the crypto world is really huge. even if it is calculated since the price of bitcoin is still $ 10k, this has gone down by 50%, and there is still the possibility to decrease again. the thing that most makes people panic is, it happens less than 1 week. Even though it's a matter of patience, I think people have started to sell their assets.
I think this is indeed happening because there are so many boycotts in each country that limit exports and imports that make economic losses.

And in a day the decline is above 30%, this is ironic and certainly makes a panic because recovery must take quite a long time, considering the Covid 19 antivirus has not been found, so it is uncertain when this will subside. Moreover, the number of cases that occur is increasing, this has an impact on all performance of different asset classes. One of the best steps is to get out of the chaos and do not force yourself to enter the market, price changes are very extreme, moreover crypto is a very volatile asset compared to other commodities.

I've heard that China and Korea have cases were patients had recovered and discharged from the hospital. It's a good sign but I don't know in Italy because I keep on seeing in news article that they are one of the country with most number of affected. I also saw that you just need a good immune system so your body can fight the virus inside you. Maybe when doctors find medicine to kill the virus inside the body, it will end.

Its a possibility, and a low one if I may say. It said if other countries followed the aggressive containment of what China did, then they could pretty much end it in June. But what if it spread too much by then? Just like the current state of affairs, when initially, if they have quarantined infected areas before already, it wouldn't have spread to the scale of it is today. It's like, they apply the fix way too late, much so that others must sacrifice something as well to fix it. There's also the fact that a vaccine has yet to be found, and that is even with countless countries working together to find it.

There's really no way to kill the virus in the end, after all, so without a vaccine that could help us stay immune from it, even if some cases has been cured of it, others would only continue to get infected, and in the end, instead of decreasing the number of patients, it instead increased the number of it.

If the coronavirus keeps spreading and there would be plenty of people dying, this rate is very possible. As far as I know, it went below $4.5k as its lowest in the last few days (correct me if I'm wrong). But hopefully, with countries implementing lockdown, community quarantine, and travel bans the spread of coronavirus will be minimized.

If the prediction as stated by OP that this issue ends in June, I guess let's be patient and not panic as panicking won't get us anywhere. We should keep ourselves healthy and buy as much as we can afford before the price skyrockets again after this problem is over.

That virus not only affects the cryptocurrency but also every market that we have and it even affects the country's economy. Due to the rapid increase of affected individuals, some of the countries are now in quarantine (some of them are in lockdown) and because of this, it can cause panic buying. It's so disturbing to see how this virus affects the current price of bitcoin and I know many people already converted their cryptocurrency into fiat since they need to buy the important things especially the foods and other necessities.

Even they already announce this crisis will end in June still, there's no assurance that it will happen or basically we can totally defeat the virus. Always remember don't forget to take vitamins and do proper hygiene.


You got it! We just need to be patient because the market will recover soon, and I guess the recovery of people and the market will happen at the same time. I'm sure after we overcome this crisis the price of bitcoin will really go to the moon again.

Same here! it totally painful to watch and I already turn off some notification on my phone because I always see the Bitcoin is down 4.13% (something like that) and I don't wanna see it falling down again.

The global pandemic contributes massively on bitcoin's current situation knowing that it is a global phenomane responsible on producing fear and panic all throughout the countries affected. Lots of people ends up buying too much stock with the fear of going outside since the virus spreads into anyone quickly and stays on different things for long. With these things happening, the investors are being forced to convert their bitcoin into fiat to buy all their necessities. Transactions would become less often as everyone focuses on how they would survive this crisis happening in the world right now.

Although not a major factor, the covid 19 pandemic is quite influential on the market, not only crypto but also stocks, oil, and other commodities. This article https://cointelegraph.com/news/bitcoin-drop-due-to-13k-btc-plustoken-scam-not-coronavirus-analysts/amp explains the possibility of a large influence from the massive sell-off of the pyramid scheme in PlusTOken. However Corona is quite worrying, it is enough to influence economic activities and markets, whether it is the main or supporting factor, which certainly has a big effect. Even public activities are restricted, school activities are off, as recommended by WHO. We are fighting this, hopefully, things will improve soon.

It is but gold markets are much more stable and trusted than Bitcoin markets.

People might think twice if you asked them if they trust more in physical gold or Bitcoin but if you asked them if they trust gold or Conbase, Binance and Bitfinex most would choose gold. That's what people are choosing now. They aren't selling their Bitcoin holdings but running from leverage trades and centralized exchanges that can go bankrupt and disappear with their money.

Exchanges are more affected by the situation than Bitcoin itself!

Coronavirus is the first problem when the market crash event that is not for cryptocurrency market only but all of the market like stock, oil and even gold right now has fallen. This is recession mean I guess, we were talking about recession long time ago and we have considered that bitcoin and altcoin were the save place to store our money and it was failed. Market cryptocurrency have fallen too like another place, just a gold price who show that it is deserve to call as a safe haven place. Many people there have saved their money into gold and sold them for it.

There is a possibility that people are doing that but I don't think that the virus that is spreading is the only reason why the market fell more than 40% due to the panic buying of daily necessities of life. I do hope that the market will recover as soon as possible from its recent crash.

So you mean there won't be an increase until June?
I think some people will take advantage of this situation to make price spikes, though not high enough to at least make the market go up and down as usual, and will not be stable because of the effects of this virus.

https://edition.cnn.com/2020/03/09/economy/global-recession-coronavirus/index.html stated a very relevant fact that every Bitcoin users and investors should  know. We are currently experiencing this downfall and we have seen how the lockdown in countries have affected them. Let's be realistic and mature. We can never be sure of its end because firstly, we are not experts and we can only rely on the trust we give to the medical and research field. The economy is affected, big time. The currencies are also affected. They are not stable as we know it and who knows when will it make a come back? It is safe to say for now that a user must think of the situation wisely and rationally. It is not the time to spread panic but instead awareness.

The virus has a big effect to the bitcoin specially to their value and price of the coins and tokensas you can see the market was dumped and very down right now and maybe because it is in the virus that is spreading and manipulating the market right now i pretty assume that it will just and maybe sooner so that the market will able to recover again and the script to holders will be able to recover again their losses specially right now that the major dump was occurring in the market.

Some people who opened positions at a price of $ 4,500 and, possibly, even lower, could already make good money at this dump.

Personally, I will assume that before halving, we will need to keep the price at $ 5000-5500 for bitcoins. The cryptocurrency market has shown too much collapse, and now it needs to restore confidence.

I think this is our bad luck that when market turned up, some problem arise into market. Though COVID-19 is a world wide problem at present time but unfortunately it affected crypto market also. But i think very soon we will win against COVID-19 as CHAINA turned back to their economy. Be patience everybody.

thanks.

As the price of bitcoin drops these past few days and the covid-19 is trending and labeled as pandemic, I think that the virus contributed to that downward movement in bitcoin's price. Although we all know that even though the virus is not yet discovered, the bitcoin is already volatile and we have nothing to do about it. But on the other hand, workers are having a hard time earning money because of the community quarantine. I believe that due to the bad effects of the virus in our economy, digital currency is experiencing a wide economic problem due to the market. Resources are being limited and difficult to manipulate because if they continue to do so, they will risk their lives and can cause death. Always remember that before anything else, be mindful of your health and focus on taking care of every one that's beside you. Bitcoin will surely grow again soon and let our patience be in our priority.

It is the Holders who will make more profit on this because we are the one who can stand holding for long time and we don’t care if how long this bear market runs.
We are putting money inside this crypto market without caring of because those are our can risk money and not that we will cry if we fails.
Only strong Holder will win in this Corona Virus fight and if you are weak person then better get out of market for now and come back when bull starts to come.

Covid-19 is the cause of the woe in the market, people are isolated at home, jobs are lying idol workers staying at home, they have to use their saved money for feeding, liquidate their asset position, and too many fear of the direction of the world, hopefully this could be over soon. We will see a green market again.

In my opinion, it is not directly corona virus which is affecting the crypto industry but the consequences of the spreading of the said virus which have first affected the economy of those countries where cases of the said virus were reported. The economic problem might have reflected to the market situation in cryptoindustry. So I would say that is an indirect effect of corona virus to the market orices of cryptos. Feel free to correct me because this is a mere opinion.
I do think that there are still other factors which makes thr market price struggling at this moment. It could also be the anticipated halving. Before, this was already expected by people, that as the date of halving is aporoaching, the market price will fall, which would open a huge opportunity to the investors to invest, and earn huge profit after the halving, which is assumed by many to lift the market price of Bitcoin and other cryptos.

Right now I think the situation is under control and things are cooling down and might start getting back to normal again. We can’t really predict when it’s going to be that the price will start going up, the price can start going up even before the June that you have been predicting or you’re right about that because the halving will be on May and after that we will be going into the month of June, it can also start going up a bit from then.

Lol, you said that like everyone that has been affected are people that are trading cryptocurrency. Anyway, I have been following up with the site for live updates and I’m very happy when I see that the rate of recovery is more than that of those that are not recovering. It’s good.

It is unlikely that the fear of people associated with the spread of coronavirus is the reason for the fall in the price of bitcoin and other cryptocurrencies. Governments began to take tough measures to localize its distribution, this sharply violated the plans and routines of people. They needed extra money to protect against this virus. If there was no free cash, they started selling cryptocurrency. Now, the price of bitcoin over the past few days is relatively stable. This is proof that this was not a panic, but forced unforeseen expenses of people. The spread of coronavirus will decline and the price of bitcoin will go up.

I hope that these prediction is true because I have a high hope that bitcoin will skyrocket its prices and I hope that people will hold on their stock and do not sell.

It is indeed too big for the world of effects of Covid-19 because many activities have been paralyzed in the last few weeks. Many people feel anxious and panicked by fear of this co-19 I think this will soon be resolved, hopefully it will happen.
The entire world market is indeed falling, including the cryptocurrency market, when this market is destroyed so badly that it is almost 70% down, but on the other hand, the fiat currency has strengthened to high, is this a trade war?

How can china says it will end on June when they don't even have the cure?yeah they are fighting the virus and curing infected but not have the answer to the Virus itself so no one can assure the end of this unless there comes a cure invented by professionals so for not its very early to tell.
lets think about human first because Bitcoin can have so much time to rise but the Life of the victims cannot be bring back if taken.

As we can see on the market graph and situation we can easily say what are the affects of the coronavirus to the value of the bitcoin as well as the other cryptocurrency in which it dumps so fast so it is really a very bad news for us so we should really wait for the bitcoin to rise up again and maybe when the coronavirus gone the bitcoin and other cryptocurrency will arise again.
Right now we doesn't have any idea on when it will ends.

Its obvious that yes it affected ALL of the markets on the world but on Bitcoin, it has a less effect on it. What really makes the price of Bitcoin to go down is the leverage exchanges which the longs on the exchanges got liquidated making the price to go down. There are some videos on youtube saying this and there are some proofs on it.

No need to say since we saw how it affected all of the markets already.

Well, with the current trend that is happening right now maybe it will truly happen. Many countries are helping each other already to prevent this virus to spread from researching for a cure for this shitty virus to sending protective equipment for our frontliners (nurses, doctors and all of the health staff).

If this really happens then the "history repeats itself" of Bitcoin will be destroyed because we saw in its past 2 halvings that it went up as the halving goes near but now it is the opposite that is happening because of this stupid virus.

- Not just bitcoin, investment businesses, stock indexes, more precisely, the world economy is suffering significant losses, understanding the general situation of the world, bitcoin will surely go down and be hard to recover because investors know the financial instability, the risk of whales liquidity and waiting for everything to stabilize is very high. At the moment, I really want to know when it will end, but as you say, countries have not yet had a thorough measure to prevent this disease, the waiting time will probably be long, need to be patient

Of course the corona virus affects bitcoin, because the bitcoin in February was already trending up. And this is since the corona virus spreads
automatically bitcoin prices continue to decline. I really hope that the spread of the corona virus can end and will also restore the price of
bitcoin.The best step right now that should be taken in my opinion is to buy as much bitcoin as possible. Because bitcoin will definitely rise
again, before that happens we have to collect bitcoin from now on.

I think we don't have to wait until June to buy bitcoin because we can buy bitcoin every time the price is down. After we get the bitcoin, we can wait for the price to increase again, and I am sure that the price can grow more than $50, and if we can use it to buy at a low price, and sell at a high price, we can make a profit many times. I hope that we don't have to wait for a long time to see many people can get medicine for fighting the virus so they can get a cure as before.

And there is halving which will come first.
It doesn't really make the price go higher. But with this cheap price it could be a good risk to buy now.

Yeah, it is unsure what will happen after the halving even with this virus still being feared. That will be the time people will come out and will go back to their normal life.
I know those sold bitcoin will be bought again but it might take long since some people are not making any money due to this virus.
But it will, fingers crossed.

Coronavirus affects all over the forex commodity market including Bitcoin, no one cant surely when it stops, Everyone needs to pray & stay safe from this virus.  :'(

I'm not sure about the time it will be appropriate in the whole world because even though they can heal many people but at least it only happens in their own territory and we know, some other countries are doing the same way and anticipation to avoid and destroy this pandemic, but some other countries do not have medical devices and other things with a lack of equipment and materials in other countries that need to be imported but in reality it is hindered because of licensing and other things such as lockdowns. So I don't think there is a definite time to end all this and apart from that all related to the problem of buying bitcoin at a low price is indeed an opportunity because at the same time also before and after halving it looks like the price is still at a low level so it's true, take advantage of this moment if you really believe this pandemic will end and prices can recover later.

I think that is not for long on a historical scale.
covid19 is more deadly than seasonal flu, but next year it will not be worse. and in two years it will be treated like seasonal flu.
but this virus will have an impact on technology, trade relations and social connections. and bitcoin is part of these categories.
https://bestfreepornsites.pro

Of course, the coronary virus has negatively affected the prices of stocks and currencies, and the market collapse is expected to continue until the crisis ends. I think your words are true regarding the purchase, especially at the present time with the fluctuation of currencies. Thank you for this precious advice, and I hope stability will return to the scene soon.

The coronavirus or the NCov19 really hit the market of fiat currency and the cryptocurrency but we are now focused to the bitcoin from the previous weeks of the bitcoin before the outbreak happens it is continuously pumping and it is a good market graph and one day after the government of the china announce that they are a virus spreading rapidly on their country the market price of the bitcoin immediately fall down because some of the people there make sure that their money is safe and can be used to survive for the whole outbreak and they use those to buy a lot of things they need foods, clothes, personal hygiene and more to avoid the spreading of the virus from the previous weeks it is rapidly dropping came from 9k dollars after two days its fall into 6k and now we are here in the price of 5k after a week it is become stable on the price of 5k to 6k range and now we are looking forward to the market income of the bitcoin again to make more profit to us and stable on the market.

The World Health Organization stated that COVID-19 is already a pandemic and everyone knows that already. It affected us globally and internally. Markets and economies weaken, along with Bitcoin's depression and it is true and inevitable because people have this fear of getting bankrupt and have liabilities. This results to them selling their coins rather than buying. And this just proves the decemtralized property of Bitcoin because we control the price. I agree with you when you said to be patient. There are already numerous cases of Bitcoin's seem-to-be tragedy but it always get its way. So, as long as we will be rational and critical thinkers, I think we'd be safe and eventually, we can regain the standard system.

This is what Coronavirus (COVID 19) did to Bitcoin:

https://de.yourpokerdream.com/wp-content/uploads//2020/03/btc24h.png

But still, I am glad that this rout helped to alleviate some of the myths related to Bitcoin. Some of the analysts claim that Bitcoin is different from other investment assets, and therefore it may be resilient at times of economic meltdown. But the exact opposite happened now. BTC has lost value even more than other assets such as equities and bullion.

We don't know when the end of Corona virus because many countries look get their people with corona and Italian become bigger country have pass away their people with Corona virus, I think bitcoin will grow up after corona virus have end and medical team got medicine how to get people safety from Corona virus and stop for bad thing.

I don't believe that the epidemic Corona virus has a connection with the current drop of Bitcoin and most of the real hodlers of Bitcoin firmly believe in this digital asset and will never sell during dumps. I think there are some people who spread FUD about the current virus situation to connect it to the current market situation of the crypto world, based only on my own opinion.

This is also what I believed last 2019, with the corona virus being discovered and only circulates in China I don't think it would really impact such market like crypto but it has shaken the world of stock which what might be the very reason why it rattles the crypto world, So for me this is an indirect result of coronavirus disease. I firmly believe that we already achieve the price resistance at $4K, so there would be no dump beyond that point perhaps bitcoin hodlers tried to jump into another ship.

The chinese government have medicine to cure this disease and the latest update from wuhan that people who have been infected have declined there and they returning doctor volunteers to various regions that I think the corona virus pandamic will end soon. As for another country, I think that should learn to chinese government and they can buy a medicine to treat the people who has infected. Actually bitcoin doesn't need to wait for this pandamic end, because in few days ago bitcoin has increased.

Coronavirus or COVID-19 basically affected everything. The cure has not yet been completed so everyone must do everything they can to slow down the infectivity, severity, and lethality of it.

Everyone should do the things the health professionals told us too like the proper doings for coughing, washing our hands, and etc. and wait for the cure to be completed. It will end when there is no one who has the virus. And the question would be, how the world will look after we survive the COVID-19 pandemic? This disease has devastated lives, markets and exposed the competence of the government. Although the pollution have been reduced due to the lack of activity of people.

Twelve leading global thinkers have been asked for their predictions. You can read it here:

https://foreignpolicy.com/2020/03/20/world-order-after-coroanvirus-pandemic/

Covid 19 is not a media created fear mongering, countries started getting affected because of the wide spread of the diseases and many countries are forced to order curfew and when that happens there is no business that is going on and the retail sector will be completely affected and so is the case with manufacturing sectors and if there are no jobs because of these curfew then how do you think that the economy will fair, the markets will perform according to the economical situation and so is the reason the markets went down drastically. It will take a few months for everything to become normal and everything function normally until then stay safe.

On the contrary side to this, I think buying in the deep is profitable than when price have started going up. If China has estimated June to be when corona virus will be stopped, then should we wait at the bull to buy ? I think the best is to look for a reasonable deep and get in.

US Indices are also affected because of the Coronavirus not only currencies and cryptocurrencies. The big indices like SPX500, DJI and NASDQ100 crashed also because of the virus that continuing spreading. But there are always market opportunities even though there are crashes that keep happening, like in international markets where we can do short selling.

I think that whoever had to sell has already done that. All the weak hands are already sitting on a pile of fiat, thinking about their next move.
With the decrease of new cases in China and the coming of Summer, I think we won't have to endure this epidemic for more than the next 2 months. The worst is behind us.
The scary truth is that most of us will get infected, but I've recently read that about 50% of all infected have no symptoms. There's really no need to worry, it's not the end of the world, not yet!

It's very hard to tell how exactly corona virus crisis affects Bitcoin. To my opinion part of Bitcoin users will sell their coins because of.panic, fear or need because some of them have already lost their jobs due to effect of corona on economies. The final effect will be visible after few months when this everything ends.

I think, the way corona virus is negatively affecting the economy of different countries, do reflect on the market prices of cryptos. My basis is that, when this virus arose, there's no effect to the market prices at all, but the moment it became pandemic or simply 'viral' when cases were reported to different countries, things have changed. The market prices of cryptos not only bitcoin, fell in an instant approximately 47% within few days. Many businesses, establishments were forced to stop operating because the aim is to avoid interactions with one another, making it not surprising to know that things as well as online services were also affected.

When the corona virus started and begins to spread all over the world, many people was afraid of that. That's why many countries are in lock down now and because of that many businesses and markets are down deeply. It really effects the bitcoin and nobody knows how the bitcoin could deeply down on following days. Indeed, many people are hoping that this upcoming June everything will be okay, but for now we must priority our health before anything else.

the life of the Chinese population has slowly been confirmed to be normal as usual after passing through the Covid-19 crisis (https://www.forbes.com/sites/jamesasquith/2020/03/19/a-positive-coronavirus-update-life-in-china-returning-to-normal-as-flights-to-london-resume/#69cacbea1f24).  but other countries have just felt the peak of the spread of the Covid-19 virus and are likely to recover like China within the next 1 month.  I don't know for sure but it seems that the cause of the sluggish price of Bitcoin is not because of Covid-19 (this thread is my reason (https://bitcointalk.org/index.php?topic=5233597.0)).  my advice for now.. just follow the latest updated about Covid-19, if you have more money you should buy Bitcoin or other assets such as company shares that are currently on average are falling..

China said the pandemic will end around June? That’s nice, and I hope this is true... Oh! Wait! They said it will end in June?
Were they referring to every country as a whole or they mean that it will end around June in their country?
What about countries in Africa where there are poor health systems and bad government?

These are the countries that will find it difficult in handling such a virus. It was a difficult case for developed countries , so come to think of these underdeveloped countries and how difficult it might be for them. It has already started spreading in these countries. If they were to restrict travels earlier it wouldn’t have been like this.

It is controversial  to hope that everything will end in June. To effectively combat coronavirus, we need a vaccine, and its development is a very long process. Personally, I heard that development should take at least 3 months, then another clinical trial. I think that the vaccine will not be earlier than September-December.

They do just fine. Another thing, moonsoon season to start soon in some places. No virus can spread with everyday raining all day long.
Bacteria and Virus are not friends.
https://bitcointalk.org/index.php?topic=5220206.msg54085660#msg54085660

With the rate of the spread of this virus,  the information that the pandemic will end by June is unrealistic; as the spread rate in Europe, the United states and even Africa increases by the day.  The WHO don't see this pandemic ending in few months atleast not until a cure is developed.
In the light of this,  the rise and fall of bitcoin can not the predicted,  especially not in this period of crisis. 

TOTALLY WRONG....

This is what a simple minded fool would say.   The ECONOMIC BUBBLE was the reason for such a huge crash, everyone knew the stock market was massively overvalued ( except this fool ), the Corona Virus was just the pin that popped the bubble.

Oil was crashed because Russia walked out of OPEC+ , refusing to reduce output during a time of reduced demand.

Seriously, why would anyone listen to such an uninformed, dumb fool that likes to talk about things he obviously knows nothing about ?  We all know the type   :D :D :D

Hard Facts

Nobody realizes to what extent this will be and how profound the cost can go.
We have no chance to get of knowing these things, and I think right now we ought to be at the top, our wellbeing isn't our fortune,
We ought to be egotistical and not stress over the life of others. :(

Ohh boy, the way this aged... Currently I think we haven't seen the real worst of it, the real effect will kick in with a delay, once china's factories that haven't been able to produce / ship their products to the rest of the world and we start realizing how badly we depend on their workforce, everything in the tech industry will be affected by it.

Now Bitcoin itself I don't think will be affected in a greater way than it already has, have you seen, however, petrol price today? Shit dumped faster than I've ever seen BTC crash...

COVID-19 spread all of a sudden in Wuhan state and now all over the world.Many country are now fight back to virus.we see Fast world country are facing the difficulties there is an issue with safety equipment and so on.Normal currency causes to spread the virus.so people use digital way. This situation  digital currency can replace this time.I have seen many people use digital assets and also digital Currency. COVID-19 causes many people jobless and now they are switching their work to different platform.In march around 20 percent of global population are under lockdown. Though corona virus ends there will lot more things come such economics war and bitcoin also suffer this time.When economy breakdown every sectors are facing difficulty not only bitcoin.

Hello everybody. In the situation with coronavirus there is a lot of far-fetched, especially idiotic statements by politicians who have absolutely nothing to do with virology. Personally, I only listen to virologists, basically, they agree that we all should get sick and only then will resistance to this disease appear. Yes, it’s a terrible disease, politicians who are not clean at hand can not get past this problem, they make the picture even more dull. It is not known exactly when all this will end, maybe this summer, maybe the next, - the disease is not subject to political elites, it will end when it ends, and not when any president orders it. Of course, all markets collapsed in the wake of this pandemic, although many experts doubt that all this disgrace can be called a pandemic. But Bitcoin is no exception, unfortunately, the whole cryptocurrency has fallen in price. The only thing I’m sure of is that we will not die even now, most likely the bitcoin rate will still drop. With each month of quarantine, the purchasing power of the population decreases, it is logical if the rate breaks even the last minimum. Time will tell.

Pandemic is probably going to last for years around the globe a lot of countries have low cases of COVID-19 but there are also a lot of countries that still don't even recover from the pandemic.

We market is already recovering from the dumps in the past months that I could probably say because of the pandemic or effects of the pandemic in the market but for sure the market is already recovering and sustaining its market price we could even see bitcoin market price back to 9k$.

We have arrived in June and the predictions for China have failed. The Coronavirus continues to spread in the USA and Brazil among the countries that move the economy in the American continent and around the world. For its part, Bitcoin despite the crisis maintains a resistance to 9K. If we stay like this it is a sign that Bitcoin can withstand this terrible situation that affects us all.
When should it finish?
We don't know exactly it just depends on God, us and science.
We still do not see the curve of people affected by the covdi19 decrease. It is possible that the crisis will over in the short term 1 year once the vaccine is available.

No one knows how and when this covid-19 will end. People used to say that in summer this deadly virus will be killed automatically but that does not happen. All the Myths about corona virus are proving wrong and there is no good news about the creation of its vaccine.

The only good news is that bitcoin is quite stable even in this bad economic situation.

I think while it spread like that is because their was no adequate care or treatment of it from initial, them the virus has spread from one country to another country, assuming world health organization (WHO) research immediately for the possible vaccine that will eliminate the symptoms of corona virus, it won't has gone viral to extent damaging worldwide, with its occurrence  in society it caused a lot of disaster across nation. And is obvious that corona virus did not caused harm to only human life alone but also includes infrastructure and economy shortage, even currencies, which is disvalue of currency in some countries and increments of currency in other countries, which it really affects cryptocurrency industry.

Now it’s over the month of June, even the end of 2020. Coronavirus is still continuing, and until now, it has not circulated the manufacture
of vaccines because there is no suitable to deal with the coronavirus. However, due to the impact of this pandemic, many countries
are experiencing economic recession, in each country there is a lot of inflation, so fiat becomes weak. It also decimated economic growth.
But the effect for bitcoin and crypto, this becomes an alternative investment option, as many investors and large companies transfer their
assets to bitcoin. That’s because the stock market is also experiencing price setbacks. Investors and entrepreneurs don’t want to lose their money.
Perhaps by buying bitcoin, their assets will be safe from inflation. and bitcoin and other crypto are on the rise. From March until now,
bitcoin has increased by over 370%.

It might sound hopeless but some big pharmaceuticals are already in phase 3 on creating the vaccine which means we are almost there.

https://www.pfizer.com/news/press-release/press-release-detail/pfizer-and-biontech-conclude-phase-3-study-covid-19-vaccine
https://www.bbc.com/news/health-54986208

We are all hoping for these cure to be created and would be given out to masses.
About on the question affecting bitcoin then its irrelevant.

It was a thread created during the starting days of covid-19. Now things have changed a lot and the drastic changes in the number of people getting affected. In my state it went to the peak of more than 10000 people getting affected every day. Now this count have come less than 250 people per day. Everyone thought corona would affect or disturb the growth of bitcoin, but things took place in the opposite way that none have thought.

The whole issue is still not certain and I don’t think can give a good prediction about when the virus because the last I checked China claimed to have discovered the vaccine but nobody wants to be vaccinated because they are not sure of about the vaccine, I guess.

The impact of Corona virus is global as many sectors if not all sectors of the world was shaken by the virus. The corona virus had both positive and negative effects in most sectors. The Corona made some products to be appreciated and the demand became high whereas many products were devalued during these period.