Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: IamL on May 07, 2020, 02:38:45 AM



Title: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: IamL on May 07, 2020, 02:38:45 AM
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?

Thank You for Answering.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: mahilchii on May 07, 2020, 03:18:58 AM
Actually BTC Halving is nearing us that's the reason you are experience this pump even in this tough situation, also there are lot of FUDs these days especially in social media stay away from them do not trust blindly on anyone.

The real test begins only after the Halving only then we have to see the market price, just be patient and wait for few more days if you want to invest you can go ahead but please ensure that you invest on a right coin I mean if you want to go with altcoins.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: IamL on May 07, 2020, 03:21:48 AM
Actually BTC Halving is nearing us that's the reason you are experience this pump even in this tough situation, also there are lot of FUDs these days especially in social media stay away from them do not trust blindly on anyone.

The real test begins only after the Halving only then we have to see the market price, just be patient and wait for few more days if you want to invest you can go ahead but please ensure that you invest on a right coin I mean if you want to go with altcoins.

Thank You for your advice. I fear there will be a drop, I will just wait and not make any rash investment decisions. Are you looking out for any altcoins?


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Teraboy on May 07, 2020, 03:24:34 AM
Actually BTC Halving is nearing us that's the reason you are experience this pump even in this tough situation, also there are lot of FUDs these days especially in social media stay away from them do not trust blindly on anyone.

The real test begins only after the Halving only then we have to see the market price, just be patient and wait for few more days if you want to invest you can go ahead but please ensure that you invest on a right coin I mean if you want to go with altcoins.

Thank You for your advice. I fear there will be a drop, I will just wait and not make any rash investment decisions. Are you looking out for any altcoins?
That's true there will be a drop caused by we have not yet even seen the correction after a huge pump caused by the bitcoin halving but this may come anytime.

I guess if he was also looking for it but it has no a lot of portion on his portfolios. Im also dividing my money to get some altcoins as my bet.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: bgaf on May 07, 2020, 06:40:07 AM
Even there is a pandemic going all over the place. People are skeptical what would be the results of this bitcoin halving. There are few more days left and some of the investors are trying to bag some coins expecting for a huge pump.  I think not just them but everybody in the crypto space are awaiting for this event and believe this will be a way for the market to recover.

Huge retracement is not visible for now as the hype seems stronger than those who are worried about dumping. Altcoin just follow the foot step of bitcoin so whether bitcoin rise, some of these altcoins will also jump to high price cause every coin out there is connected with bitcoin, only stablecoins will remain as it is.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: bitcoin31 on May 07, 2020, 10:14:22 AM
I think you should be thankful of what you see in the market right now because it's pumping and it means you get huge money.

Im gald of what I saw and I hope it will not stop until it will reach again the all time high price.

Covid19 possible affect the price is either dumpung of what we experienced and pumping of what is happening right now.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: IamL on May 07, 2020, 01:05:35 PM
4 more days and we will find out what happens  ???


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: cassavachips on May 07, 2020, 04:20:46 PM
From my point of view, the actual pandemic does not affect the overall cryptocurrency market, especially on bitcoin. Bitcoin experienced a great decline when the pandemic was announced, but it happened because a lot of people were panicking and a lot of fud was made by people so that bitcoin fell more so they could buy in the framework of bitcoin going halving.

Now it is proven that bitcoin is getting stronger and is not affected even though the pandemic is still ongoing and is getting worse. Hoping this pandemic will end soon because if it continues, all wealth means nothing.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: jrrsparkles on May 07, 2020, 07:16:14 PM
Since many people lost their hope on stock market might be moving to crypto currencies which can be one of the reason for the price surge even when the whole world is facing economic issue but the real reason is the halving which is going to happen in the next few days is affecting the market price in the positive direction, there will be a correction after this price surge so don't invest your money now if you want profits in short term.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: jossiel on May 07, 2020, 09:17:23 PM
Bitcoin can rise at any season.

Don't make the opinion of those YouTubers as your basis for buying. Because if it tends to be a wrong decision, you will blame them for that decision. The price surge can be an effect of many things.

1. Halving
2. News



Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: ballerin and giroud on May 07, 2020, 10:24:09 PM
Seem you aren't often to see the movement price of bitcoin and altcoin during this pandemic. You only see the movement price when the pandemic came right? Just see now dude and you will be interesting. Bitcoin price is increasing right now and its price is close to $10.000, what that this mean? Aren't we in pandemic situation? Yes we are, but bitcoin is showing that this pandemic is nothing to do to bitcoin price movement even it can be made as a store of value.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Oceat on May 07, 2020, 11:10:41 PM
Seem you aren't often to see the movement price of bitcoin and altcoin during this pandemic. You only see the movement price when the pandemic came right? Just see now dude and you will be interesting. Bitcoin price is increasing right now and its price is close to $10.000, what that this mean? Aren't we in pandemic situation? Yes we are, but bitcoin is showing that this pandemic is nothing to do to bitcoin price movement even it can be made as a store of value.
Well, it shows already that there's a little effect of the pandemic that causes the market to submerge for a little but the market did back up again. So it just means that Bitcoin is surviving despite with what's the situation we are in and with the upcoming halving I'm sure people are expecting something from it but don't get too drive by the positive effect that you see today because this is not the real thing how the price move after Bitcoin halving. Just play it safe as long as you may and wait for the right time to get what you want.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: hahay on May 07, 2020, 11:43:02 PM
The influence will indeed still be there but with the increase that occurs at least the effect is happening more in a positive direction despite the previous market collapse, but this is all like normal conditions ahead of halving bitcoin because we also cannot be certain with certainty whether the crypto market has a strong connection to problems that occur in the world about the Covid-19 pandemic or not. But whatever happens I think we really have to be careful, there is no harm in those who buy for long-term investment because after all this market will get the season back but still, it all does not guarantee this year we will get a bullish trend because it will still take longer like the crypto season that has happened before.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: TomUyamot on May 08, 2020, 02:29:50 AM
So what if we are at a global pandemic as of the moment? Does that mean that Bitcoin will have to be falling also along with the stock market and others?

I am bullish for Bitcoin as of the moment because the halving seems to have created a nice hype around the community. There seems to be a very positive vibe on the upcoming halving which should have caused people to stock on Bitcoin. It is also a perfect timing that fiat is now being printed without limit.

Bitcoin might fly as high as $15,000 within 2020 if not breaking the ATH.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: shoreno on May 08, 2020, 02:59:09 AM
 yeah its strange , your not alone with that questions    . i think these were only a trap  so im not investing all my money for now   . however those people that ecourage to buy btc  is normal and not really an ethical practice    . these people are only helping btc and also helping thier selves to earn because they also invest on btc   .  covid 19 has both negative and positive effects on price of btc and alts  but as usual those top coins are i think the ones that will shine the most   .


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Natalim on May 08, 2020, 03:01:47 AM
Crypto does not mind the covid-19, while the stocks are down, this upcoming halving gives a lot of reason for the investors to put their money on bitcoin, and we are seeing the effect now, it seems like bitcoin is now ready for a bull run, hopefully this is not just a bull trap like we have been seeing in the past, this time we have some good reason to witness a bull run, and crypto is attractive to the eyes of some investors who failed in stocks.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Teraboy on May 08, 2020, 04:12:39 AM
Bitcoin is still remain stable and altcoin too. There's no need to feel worry about this pandemic anymore and crypto is winning the battle against covid. I think people must forget the impact that caused by the pandemic. We will face a new era that will come very soon. Crypto is really strong right now.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Genemind on May 08, 2020, 05:38:44 AM
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?

Thank You for Answering.

We can deny the fact that the pandemic crisis is affecting the global economy and is putting it in a bad situation and it has been affecting even the market as well. The good thing is, halving is fast approaching and it has a stronger impact which makes the prices better. Let's trust the process and expect that the market situation will get into a better situation soon.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: elisabetheva on May 08, 2020, 09:49:54 AM
But it's not just the price of bitcoin, even the traditional markets are pumping. That to me is what's so unreal. People have no jobs, I know the economy is shit in my place I bet it's the same everywhere and yet stocks are going up? How's that possible? We're all going to experience a big, big backlash when things go bad finally.

This pandemic can be sure to at least also affect the price of Bitcoin and Altcoin, although the impact is not too large.
what is clear with this pandemic is that I agree with you that the economy is very difficult because a lot has to be lost with work. not yet the state must disburse existing bailouts to not only overcome the pandemic but also the impact of the pandemic. such as preparing the basic necessities of life for those who cannot work anymore with the Lock Down situation.
crypto continues to run well the direct influence is not very influential, it can be seen that bitcoin and altcoin are currently leading to improvement.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: bayudndy on May 08, 2020, 10:51:21 AM
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?

Thank You for Answering.
I think the current price of Bitcoin is going up because it is affected by the halving event. Prices have been going up since the previous collapse due to the Covid-19 epidemic situation. Without this epidemic, I think that Bitcoin has now surpassed $ 15k or even went through ATH


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Japinat on May 08, 2020, 10:59:09 AM
I am not sure what's the reason of the pump but I like to guess that this is due to the upcoming halving.
There's no major news in the market right now except for this upcoming halving that will happen in less than a week, so as expect the price of bitcoin was bullish.

For altcoins, I can't expect big pump right now, we need to see bitcoin to rise even more, maybe when bitcoin reaches $15K, that would be good enough to drive the whole market into a bullish market, eventually an altcoins season will come back.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Esterklu on May 12, 2020, 03:40:32 PM
Definitely COVID19 effect on all global market prices, including BTC&altcoin prices. But as we can see volume is pretty high now, so from other side all last events can bring more users, mass adoption and push the prices higher.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: bison on May 12, 2020, 03:50:01 PM
Definitely COVID19 effect on all global market prices, including BTC&altcoin prices. But as we can see volume is pretty high now, so from other side all last events can bring more users, mass adoption and push the prices higher.
indeed there is a decline in the overall global market. almost all countries and economic sectors have decreased due to this virus. but seeing what happens to the crypto market seems to be stronger. it might also be because of the support of halving bitcoin but maybe there will be a better moment for this market to grow bigger.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: bassbity on May 12, 2020, 03:55:30 PM
Certainly very influential in my opinion because I see the movement of the crypto market is quite slow at the time of this pandemic, although halving has occurred but there is no significant increase or high spike, therefore I will return to normal after crypto.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: cepot9 on May 12, 2020, 03:57:49 PM
Bitcoin reached $10k before halving and after halving bitcoin decreased to $8500 which made altcoin red again. I don't think halving this time has the big effect we hoped for and it has nothing to do with the pandemic.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: shafi alam on May 12, 2020, 10:10:19 PM
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?

Thank You for Answering.
First of all, There are so much pressure in old investors mind. So they trying to keep it move forward. So many people gets confused about what to do or not to because of those youtubers. 
The real thing is now,  every national economy gets slow down. Not just bitcoin or this platform.  Stock market is not that good. People try to keep money in hand And they need more money. So they invest in many sectors to get some return in back. Problem is some people gets stuck in the Progress,  and  some didn’t did it.

So, im hoping it will be all right when this pandemic is over, bitcoin is stable i think right now.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: elisabetheva on May 13, 2020, 11:41:51 AM
Bitcoin reached $10k before halving and after halving bitcoin decreased to $8500 which made altcoin red again. I don't think halving this time has the big effect we hoped for and it has nothing to do with the pandemic.
a direct relationship to bitcoin, of course, I agree with the opinion above, that there is no direct correlation that the pandemic affects bitcoin. still, bitcoin can move normally, can go up even almost through $ 10K and soon it goes back down below $ 8K, so altcoin is all affected by bitcoin going down. a pandemic that clearly affects the world economy because of the large use of state funds that must be allocated to pandemic prevention.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: SacriFries11 on May 13, 2020, 01:19:00 PM
Yeah its seems unreal since only the beginning of outbreak the Bitcoin drop slowly but immediately recover and manage to pump even more. I guess it because the halving event is affects more than the pandemic in crypto world. Everyone are being hype and monitor to the movement of bitcoin price. People seems not withdrawing their investment to bitcoin and more people want to invest right now. Bitcoin pump will not immediately happen but it will near soon which most people will not know.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: South Park on May 30, 2020, 04:45:50 PM
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?

Thank You for Answering.
The truth is no one knows and it could go either way, let me explain, the price of bitcoin could go down because as you say we are going to face very difficult economic circumstances during the next months and years and as people get scared because of it they could decide to get their money out of a speculative asset like bitcoin.

However it is entirely possible as well that the price goes up as governments keep printing more and more currency in order to solve their problems and people finally realize that holding fiat currencies does not make sense, and they decide instead to support a form of money that cannot be printed at will and that has no direct relationship to any government around the world.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: StephenJH on May 30, 2020, 09:22:30 PM
It seems BTC has survived from corona, and more than that it is really good news for us. But if we are talking about altcoins, we can not the same about altcoins like BTC. Altcoins prices are still down and it keeps getting down. No doubt we should wait for more for the price increasing. If BTC started growing up, altcoins follow it. However, BTC is just around 10k.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Kang TB on May 30, 2020, 10:09:41 PM
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?

Thank You for Answering.

in my opinion cryptocurrency especially bitcoin can be a safe haven
as we can see now bitcoin price growing slowly but surely, right ?


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Mahanton on May 30, 2020, 10:28:35 PM
It seems BTC has survived from corona, and more than that it is really good news for us. But if we are talking about altcoins, we can not the same about altcoins like BTC. Altcoins prices are still down and it keeps getting down. No doubt we should wait for more for the price increasing. If BTC started growing up, altcoins follow it. However, BTC is just around 10k.
Corona sentiments doesnt really precisely correlate with bitcoins price or the entire crypto market even though other traditional markets had heavily affected but here on crypto we are somehow surviving the wave.In talks about bitcoin and alt coin price then im not saying that its always correlated because alt price can go opposite even bitcoin is rallying up but most of the time when market
turns out to be bullish it did really come to that point where alts are mostly dragged up.

in my opinion cryptocurrency especially bitcoin can be a safe haven
as we can see now bitcoin price growing slowly but surely, right ?
Theres no such word as safehaven even though we are making out profits or stood strong with BTC but doesnt mean that it will give out assurance on long term aspect.This is why we should always take measures in any case that might happen but for now its too early to worry that it would crash.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: MCobian on May 31, 2020, 03:38:22 PM
Pandemic COVID-19 makes the price of crypto stronger in my opinion, because transactions with crypto can prevent us from contracting
COVID-19 virus. And many people choose crypto as a safe haven, so it's no wonder that the price of bitcoin and altcoins goes up. Then
according to my predictions for the price of bitcoin later this year it will reach $ 12k, while altcoins will shine in 2020 in my opinion is
ethereum. Because ethereum has very good potential altcoin, it has been proven that ethereum is ranked second in cryptocurrency ranking.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: shadowdio on May 31, 2020, 04:38:52 PM
I guess people started to invest in cryptocurrency or trading cryptos just to have an income, you know we are in pandemic situation we can not work outside, we stayed at home just to be safe to not get infected of the virus.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: cryptothreads on June 01, 2020, 03:15:23 AM
I guess people started to invest in cryptocurrency or trading cryptos just to have an income, you know we are in pandemic situation we can not work outside, we stayed at home just to be safe to not get infected of the virus.
For countries still affected by COVID-19, this is certainly the most difficult time because the current disease situation has not been controlled.

Compared to other continents, Europe and America are the two continents most affected. This year will be the year of economic crisis without a vaccine, and hundreds of millions of people will be unemployed. I am more fortunate because my country has very few people infected with COVID-19, and life has returned to normal since last month.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Psynthax on June 01, 2020, 04:13:13 AM
I guess people started to invest in cryptocurrency or trading cryptos just to have an income, you know we are in pandemic situation we can not work outside, we stayed at home just to be safe to not get infected of the virus.
That was pushing them all to adopt a new life that everything must be done from the home. It looks like the impact of the pandemic was giving a really huge impact on the crypto right now. More companies have started to join in crypto.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: maydna on June 01, 2020, 04:32:12 AM
I guess people started to invest in cryptocurrency or trading cryptos just to have an income, you know we are in pandemic situation we can not work outside, we stayed at home just to be safe to not get infected of the virus.

If people have more money, and they lost their job in real life, they can try to invest in crypto or doing crypto trading. It can help the price to up and down because many people will buy and sell to make a profit. At this pandemic, we shouldn't be going to somewhere because the situations are not really safe for us so we can stay at home.

The bitcoin pump is real, but the price does not increase so high, and we need to wait for more to see the bitcoin price will go to the moon. People who can see the opportunity to make money from crypto will use this chance so they can have a new source income while they stay at home.

The bitcoin price will increase, slowly or fast, and we need to prepare for the bull run, which can happen anytime. But it is difficult to predict how much bitcoin price will be at the end of this year because we know that the bitcoin price can go to any price.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: jahepahit on June 01, 2020, 02:58:10 PM
there are many ways that everyone uses to use social media, either Twitter or YouTube as a place to promote what they have, including investment. and we should be cautious about investing in indiscriminate media with unclear sources and authenticity. if not, it will be fatal later


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Partisson on June 01, 2020, 03:51:15 PM
I am not sure what's the reason of the pump but I like to guess that this is due to the upcoming halving.
There's no major news in the market right now except for this upcoming halving that will happen in less than a week, so as expect the price of bitcoin was bullish.

For altcoins, I can't expect big pump right now, we need to see bitcoin to rise even more, maybe when bitcoin reaches $15K, that would be good enough to drive the whole market into a bullish market, eventually an altcoins season will come back.

In my opinion there is at least some influence, but in a pandemic situation I don't see a very large decline, maybe at first it was just a temporary panic but until now the pandemic still continues, but the altcoin market has almost all shown increasing value, maybe in this pandemic most of it their countries, including mine, impose lockouts so they cannot do their jobs so they try to trade in the crypto market.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: carlfebz2 on June 01, 2020, 07:59:15 PM
I guess people started to invest in cryptocurrency or trading cryptos just to have an income, you know we are in pandemic situation we can not work outside, we stayed at home just to be safe to not get infected of the virus.

This is a good thing when more and more people join the crypto and starts to use it the demand will keep rising and as a result even the price will rise accordingly. Also, people in some countries may use it in their daily needs as well to order anything during this lockdown. Also, for gamblers as they cannot visit casinos so many would be using crypto to make payment as well in online gambling sites. As well the world markets has fallen really a lot and in the same time bitcoin has given good return so people would have even shifted from stocks to crypto.


Here on my country where the quarantine thing had already been lifted up, i dont know if this is happening on other countries but if its still on lockdown then we can really find out things that we can make money here on crypto but in most cases just like here on my place where people do find out freelance jobs or even selling out good online for them to survive.

Yeah it can give out exposure to crypto but only to those people who do had internet connection in their house and the rest then theyll be sticking out on traditional businesses amidst on this pandemic situation.

I dont really see much effect though and the current price movement do justifies it.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: marks1976 on June 01, 2020, 11:27:39 PM
Certainly very influential in my opinion because I see the movement of the crypto market is quite slow at the time of this pandemic, although halving has occurred but there is no significant increase or high spike, therefore I will return to normal after crypto.
I think it's not. the movement of crypto was really fast, it's considering ethereum needs a short time to recover its price to be doubled again. Bitcoin is also getting very fast recovery caused by the pandemic brings more adopters from a lot of sectors. It looks like a lot of positive impacts has been getting by crypto.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Bezobraznike on June 02, 2020, 10:45:57 AM
Certainly very influential in my opinion because I see the movement of the crypto market is quite slow at the time of this pandemic, although halving has occurred but there is no significant increase or high spike, therefore I will return to normal after crypto.
I think it's not. the movement of crypto was really fast, it's considering ethereum needs a short time to recover its price to be doubled again. Bitcoin is also getting very fast recovery caused by the pandemic brings more adopters from a lot of sectors. It looks like a lot of positive impacts has been getting by crypto.

   Marks1976 you are right, Bassbity is confused. Nobody here expected huge
pump of crypto-market during Corona pandemic. What we had here during that
days is good enough to push crypto-market while entire global economy was frozen.
   I believe in positive sides of this pandemic for us involved in crypto-currencies.
And this is just the beginning, better days are ahead, bull market is coming.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: peter0425 on June 02, 2020, 01:37:23 PM
Certainly very influential in my opinion because I see the movement of the crypto market is quite slow at the time of this pandemic, although halving has occurred but there is no significant increase or high spike, therefore I will return to normal after crypto.
I think it's not. the movement of crypto was really fast, it's considering ethereum needs a short time to recover its price to be doubled again. Bitcoin is also getting very fast recovery caused by the pandemic brings more adopters from a lot of sectors. It looks like a lot of positive impacts has been getting by crypto.

I think that is not so fast because ethereum needs to follow behind bitcoin. If bitcoin price can fast recovery, then I think ethereum will be the same but it might not as fast as bitcoin movement. We hope that this pandemic can bring some positive impact to the crypto, so we will see more people will join with the crypto world. If that happens, we will see new adopters from many countries.
Not if Ethereum 2.0 released already because this will make Ethereum skyrocket for sure,this progress from ethereum developer has been the talk of the town for years now but the problem is it seems to be delayed and the waiting is not coming so far.

there are many ways that everyone uses to use social media, either Twitter or YouTube as a place to promote what they have, including investment. and we should be cautious about investing in indiscriminate media with unclear sources and authenticity. if not, it will be fatal later

twitter has been denied by people now because most of the tweets are just scams and shits about their advertisements.

But YouTube on the other hands is one good way.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: cryptonx on June 04, 2020, 07:04:55 PM
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?

Thank You for Answering.

covid19 not only affected this crypto industry, but the global economy
so, maybe if this pandemic still exist the price of crypto will remain unstable mate


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: WSDN on June 06, 2020, 01:22:40 AM
Certainly very influential in my opinion because I see the movement of the crypto market is quite slow at the time of this pandemic, although halving has occurred but there is no significant increase or high spike, therefore I will return to normal after crypto.
I think it's not. the movement of crypto was really fast, it's considering ethereum needs a short time to recover its price to be doubled again. Bitcoin is also getting very fast recovery caused by the pandemic brings more adopters from a lot of sectors. It looks like a lot of positive impacts has been getting by crypto.

I think that is not so fast because ethereum needs to follow behind bitcoin. If bitcoin price can fast recovery, then I think ethereum will be the same but it might not as fast as bitcoin movement. We hope that this pandemic can bring some positive impact to the crypto, so we will see more people will join with the crypto world. If that happens, we will see new adopters from many countries.
I think Covid-19 is an opportunity for people to think about their investment options, and if they bought it at a cheap price a few months ago, they should consider holding more because the market is still very potent. I am sure the investment demand after Covid-19 will increase very high, and people will easily earn a profit. Of course, careful consideration is needed as the market's downtrend may occur at any time and is difficult to predict.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Onuohakk on June 06, 2020, 01:20:07 PM
The price of bitcoin has been fluctuating ever since the pandemic started. I so much believe that, the pandemic is just a level ground for the price of bitcoin to skyrocket. Hopefully, if bitcoin skyrocket, altcoin will join the train also. Let's be hopeful for a better day ahead


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: yohananaomi on June 07, 2020, 09:57:15 PM
The price of bitcoin has been fluctuating ever since the pandemic started. I so much believe that, the pandemic is just a level ground for the price of bitcoin to skyrocket. Hopefully, if bitcoin skyrocket, altcoin will join the train also. Let's be hopeful for a better day ahead
true, that even though there was a pandemic at first the disturbance was seen but it was not significant. bitcoin can still move well and if it does not fall down to fall once. bitcoin moves between $ 8K- $ 9K and is still safe. even bitcoin ever penetrated $ 10K but went back down. if bitcoin increases then it can be ascertained that all altcoins, especially the top rank in cmc will be raised as well.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Barbut on June 09, 2020, 04:32:29 AM
The price of bitcoin has been fluctuating ever since the pandemic started. I so much believe that, the pandemic is just a level ground for the price of bitcoin to skyrocket. Hopefully, if bitcoin skyrocket, altcoin will join the train also. Let's be hopeful for a better day ahead

The entire crypto market fluctuates all the time, I don't think we had some special fluctuations during the pandemic. That's a normal thing, get used to it! If we look from a positive side this pandemic and lockdown of the global economy can turn many to cryptocurrencies, as a better means of exchange and if that happens it would be a good start for future mass adoption, and only that can affect bitcoin and altcoins to skyrocket!


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: carlisle1 on June 09, 2020, 05:12:56 AM
I think that is not so fast because ethereum needs to follow behind bitcoin. If bitcoin price can fast recovery, then I think ethereum will be the same but it might not as fast as bitcoin movement. We hope that this pandemic can bring some positive impact to the crypto, so we will see more people will join with the crypto world. If that happens, we will see new adopters from many countries.
I think Covid-19 is an opportunity for people to think about their investment options, and if they bought it at a cheap price a few months ago, they should consider holding more because the market is still very potent. I am sure the investment demand after Covid-19 will increase very high, and people will easily earn a profit. Of course, careful consideration is needed as the market's downtrend may occur at any time and is difficult to predict.

They can use the opportunity after they prepare for their daily needs so they can know how much money they have to be used for investment. If they can invest from a long time ago before the Covid-19, then that would be good for them because they don't have to worry for the up and down of the price now. Maybe we will see the increase in the price in the next months so if they already have bitcoin, and they only need to wait for the time to come.

How i wish that in the next months another great movement will happen mate because we have been waiting for almost a year now since the last good pump last year 3rd quarter.

The price of bitcoin has been fluctuating ever since the pandemic started. I so much believe that, the pandemic is just a level ground for the price of bitcoin to skyrocket. Hopefully, if bitcoin skyrocket, altcoin will join the train also. Let's be hopeful for a better day ahead

Nope,this Pandemic starts last year of december yet we had a good start this year,but when the spread happens thats when the price of bitcoin falls low.

altcoin is near the top after Bitcoin comes Bull again,maybe before this year end.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: BigTing1 on June 09, 2020, 01:07:37 PM
My point of view considering the recent hype of bitcoin is that there is huge uncertainty in the world right now and people trying to save their money by investing in things that won't loose their value( gold , platinum , crypto's) because of the financial crisis that landed on every Country in the past 3 months.

 


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: StephenJH on June 09, 2020, 03:19:07 PM
My point of view considering the recent hype of bitcoin is that there is huge uncertainty in the world right now and people trying to save their money by investing in things that won't loose their value( gold , platinum , crypto's) because of the financial crisis that landed on every Country in the past 3 months.

 
Indeed people are just afraid of losing their money, no doubt they are looking for any way to save their own money. That is why we can just see a lot of new members, most of them see crypto-world away as saving their money. But it is no exaggeration to say that, it is really the best way to use this world. no highly but BTC has survived from corona, we are waiting just for price increasing, BTC is around 10k and it will be better till the end of the month, or maybe it can take a bit long time. No doubt if BTC starts pump, the altcoin will follow it.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Hidden Heart on June 10, 2020, 04:57:28 PM
We know that Corona Virus has very effected for all over the World. It has effected both, online and offline business. All type business and work has stopped for this Virus. And also It's effected on Crypto Currency Market.   


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: matchi2011 on June 10, 2020, 05:02:34 PM
My point of view considering the recent hype of bitcoin is that there is huge uncertainty in the world right now and people trying to save their money by investing in things that won't loose their value( gold , platinum , crypto's) because of the financial crisis that landed on every Country in the past 3 months.

 
Indeed people are just afraid of losing their money, no doubt they are looking for any way to save their own money. That is why we can just see a lot of new members, most of them see crypto-world away as saving their money. But it is no exaggeration to say that, it is really the best way to use this world. no highly but BTC has survived from corona, we are waiting just for price increasing, BTC is around 10k and it will be better till the end of the month, or maybe it can take a bit long time. No doubt if BTC starts pump, the altcoin will follow it.
The effectiveness of crypto assets paid when Corona hits the entire world, online market who accepts crypto indeed perform well and from that point of views there are people who consider this industry asa good venue for investment, diverting their assets to this market and use spare or save money in return of good value afterwards.
Once Bitcoin experience huge pump Alts that have good value will go along and start to follow what Bitcoin will be heading.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: 10BTCaDay on June 10, 2020, 08:45:03 PM
The price of bitcoin has been fluctuating ever since the pandemic started. I so much believe that, the pandemic is just a level ground for the price of bitcoin to skyrocket. Hopefully, if bitcoin skyrocket, altcoin will join the train also. Let's be hopeful for a better day ahead
I think that old altcoins will never return to their previous ATH. they have already become too unnecessary and there are already a lot of new more interesting projects on the market that will take the place of old projects during the bullish growth of bitcoin


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: sky_Gritzz on June 10, 2020, 09:59:41 PM
one month ago, i'm reading about the news when lockdown time about people in some country are visiting and start investing in cryptocoin because Covid19 facing the problem of the economic crisis they're trying invest in crypto than hold FIAT


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: nomenclatur on June 11, 2020, 01:54:28 AM
COVID-19 led to all sectors of the economy deteriorated they normally rely on their work at this time they can not work as usual, and they must think to earn money online in a way they must have been looking for information about bitcoin on the internet and they want to invest in bitcoin it makes bitcoin slowly rise. I think for altcoin ethereum always better for the long-term investment.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: WalkerIVIV on June 11, 2020, 06:29:03 AM
one month ago, i'm reading about the news when lockdown time about people in some country are visiting and start investing in cryptocoin because Covid19 facing the problem of the economic crisis they're trying invest in crypto than hold FIAT

That's true. my friends have already started to trade crypto to get another source to keep their daily life.

afaik there was a lot of newcomers have been asked about various basic question related to the crypto especially for the trade. i guess the demand is increasing caused by the pandemic.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: traderethereum on June 11, 2020, 09:09:58 AM
one month ago, i'm reading about the news when lockdown time about people in some country are visiting and start investing in cryptocoin because Covid19 facing the problem of the economic crisis they're trying invest in crypto than hold FIAT

That's true. my friends have already started to trade crypto to get another source to keep their daily life.

afaik there was a lot of newcomers have been asked about various basic question related to the crypto especially for the trade. i guess the demand is increasing caused by the pandemic.
Good to hear that.
At least, they have a new option to make money from crypto trading. But you should remain them to learn more about trading so they can improve the skills that will help them to analyze the market.
I think after the pandemic is ended, we will see many people will try to search for the jobs or work from home because they can not search for a new job in real life.
At that time, maybe many people will try to do crypto trading because the chance to make money will be bigger.
If that really happens, the cryptocurrency will grow fast.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Gozie51 on June 11, 2020, 03:04:33 PM
one month ago, i'm reading about the news when lockdown time about people in some country are visiting and start investing in cryptocoin because Covid19 facing the problem of the economic crisis they're trying invest in crypto than hold FIAT

That's true. my friends have already started to trade crypto to get another source to keep their daily life.

afaik there was a lot of newcomers have been asked about various basic question related to the crypto especially for the trade. i guess the demand is increasing caused by the pandemic.

Also IMO the reason bitcoin is still up there is because people are feeling that digital currency has come to stay. People are investing in bitcoin lately more than it was the case earlier. The fear of losing money by investors is beginning to go away and so, little monies are reserved for btc investment. Halving also is contributing to this as it has gradually limited the availability of bitcoin technically.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Sophia Portera on June 12, 2020, 09:10:56 AM
Now Covid -19 is almost under control the prices of cryptocurrencies (https://www.worldcoinindex.com/) are also slowly recovering.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Natalim on June 12, 2020, 01:32:50 PM
one month ago, i'm reading about the news when lockdown time about people in some country are visiting and start investing in cryptocoin because Covid19 facing the problem of the economic crisis they're trying invest in crypto than hold FIAT

That's true. my friends have already started to trade crypto to get another source to keep their daily life.

afaik there was a lot of newcomers have been asked about various basic question related to the crypto especially for the trade. i guess the demand is increasing caused by the pandemic.

Also IMO the reason bitcoin is still up there is because people are feeling that digital currency has come to stay. People are investing in bitcoin lately more than it was the case earlier. The fear of losing money by investors is beginning to go away and so, little monies are reserved for btc investment. Halving also is contributing to this as it has gradually limited the availability of bitcoin technically.


When we say people that means a lot of people, I think major holders of bitcoins are whales, we haven't achieved a good adoption rate yet, so the price can easily be manipulated in case the whales will do it. As you can see, bitcoin is quite stable but any time it could significantly move, either it will pump or dump, so we have to be always ready for that.

I am just happy to see that majority of investors are wrong because bitcoin did not follow the expectation since it rises even if there's an economic crisis.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: happypsyduck on June 12, 2020, 01:40:37 PM
Now Covid -19 is almost under control the prices of cryptocurrencies (https://www.worldcoinindex.com/) are also slowly recovering.
Covid19 is not under control but humanity is now changing its mindset that they rather live with it than to lockdown.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Kasabus on June 12, 2020, 04:42:13 PM
one month ago, i'm reading about the news when lockdown time about people in some country are visiting and start investing in cryptocoin because Covid19 facing the problem of the economic crisis they're trying invest in crypto than hold FIAT

That's true. my friends have already started to trade crypto to get another source to keep their daily life.

afaik there was a lot of newcomers have been asked about various basic question related to the crypto especially for the trade. i guess the demand is increasing caused by the pandemic.
Good to hear that.
At least, they have a new option to make money from crypto trading. But you should remain them to learn more about trading so they can improve the skills that will help them to analyze the market.
I think after the pandemic is ended, we will see many people will try to search for the jobs or work from home because they can not search for a new job in real life.
At that time, maybe many people will try to do crypto trading because the chance to make money will be bigger.
If that really happens, the cryptocurrency will grow fast.
This pandemic may have brought negative impact to almost all countries but this also opens to the people about the crypto world. People now are already into online jobs that can give them sources of income and crypto trading is one of them. While fiat is greatly affected with the ongoing pandemic, bitcoin on the other hand has made a significant surge maybe because of bitcoin halving and that new investors are entering the market now. Altcoins are still in a dump but potential altcoins are also making a good price increase at the moment.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: makishart on June 13, 2020, 02:49:44 AM
Now Covid -19 is almost under control the prices of cryptocurrencies (https://www.worldcoinindex.com/) are also slowly recovering.
Covid19 is not under control but humanity is now changing its mindset that they rather live with it than to lockdown.
That doesn't make sense to see covir is under control of the humanity. The covir virus gives a huge impact to the crypto. People that must work from home have tried to join in the crypto too. That makes there are so many new demands that comes for crypto. Those who are getting lockdown stick to the crypto.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: CuriousGeorge on June 15, 2020, 08:26:59 AM
Now Covid -19 is almost under control the prices of cryptocurrencies (https://www.worldcoinindex.com/) are also slowly recovering.
Even when covid was not under control and the price of crypto has already recovered and it has already started since last month. it looks like you didn't aware about that, right? I can say covid has not impact to the crypto because crypto can be done through the use the online payment system.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: kynaz on June 16, 2020, 04:49:33 AM
Now Covid -19 is almost under control the prices of cryptocurrencies (https://www.worldcoinindex.com/) are also slowly recovering.
Even when covid was not under control and the price of crypto has already recovered and it has already started since last month. it looks like you didn't aware about that, right? I can say covid has not impact to the crypto because crypto can be done through the use the online payment system.
The crypto market does not have a lot of influence on the economy, and generally only 1% of the population is aware of its existence. In the future, this market will be a place to attract many new investors, and you should consider investing if possible. However, I hope this year there will be a vaccine soon because if the vaccine is available, the whole economy will recover soon and everyone can easily make a profit.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: reliable on June 22, 2020, 01:21:53 PM
COVID-19 led to all sectors of the economy deteriorated they normally rely on their work at this time they can not work as usual, and they must think to earn money online in a way they must have been looking for information about bitcoin on the internet and they want to invest in bitcoin it makes bitcoin slowly rise. I think for altcoin ethereum always better for the long-term investment.

ETH will lead the way in altcoins and some other coins would also be the good pick at this point of time. Bitcoin will always be the king for the coming years and whenever there is a good correction happening in any of their coins, we should be ideally be buying them and make profits on the highs. This is good strategy that works as well.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: bukham88 on June 22, 2020, 02:05:58 PM
During the COVID-19 pandemic, the crypto market was very unstable, perhaps because of the current economic crisis in various parts of the world, so that by 2020 it was a difficult time for cryptocurrency to shine.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Anonylz on June 22, 2020, 03:08:32 PM
It seems many people are really confuse as to why btc price is up or down, everytime btc price is up people wants to find a reason why the price is up, when the price go down same thing happens, there should be a story behind every btc price rise in the eyes of many, if it is not ETF, it will be China or some other cooked up stories,

The latest one is the pandemic, now btc price rise also assume is as a result of the pandemic, I don't think that's the case here, because this period of crisis left many people confused and in panic, I doubt many people where thinking about buying of btc of trading, anyways, this is my own opinion, but whatever the case, btc price will increase whenever, it doesn't need any news or crisis for that.



Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Partisson on June 22, 2020, 03:12:28 PM
Now Covid -19 is almost under control the prices of cryptocurrencies (https://www.worldcoinindex.com/) are also slowly recovering.

Has a vaccine for copid 19 been found? so you say "Covid -19 is almost under control", of course this cannot be controlled yet, it's just that to minimize its spread, to be able to find a vaccine alone requires quite a long time.
Likewise the price of crypto will need time to recover, and the crypto market is unpredictable.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: arjuna BTC on June 22, 2020, 10:10:13 PM
Now Covid -19 is almost under control the prices of cryptocurrencies (https://www.worldcoinindex.com/) are also slowly recovering.

Yeah but its only "almost" right ?
Thats mean this covid19 still exist, wich mean the market still unstable because the impact of covid19 my friend


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: StephenJH on June 22, 2020, 10:17:01 PM
During the COVID-19 pandemic, the crypto market was very unstable, perhaps because of the current economic crisis in various parts of the world, so that by 2020 it was a difficult time for cryptocurrency to shine.
During the Covid-19 pandemic, the crypto market is not the only thing that is unstable. Everything in the whole world including the economy of world is just unstable and as you know there is a huge impact on the world by the pandemic. l hope after solving this problem we will see cryptocurrency to shine, but exactly it is just far.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Cnut237 on July 03, 2020, 07:47:33 AM
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump

There wasn't a pump.
Bitcoin is still seen as a highly speculative asset. Alts, more so. This meant that when the pandemic hit, people started to move their money to safer places. This caused crypto to be hit hard. However the crypto markets did then show some good resilience by bouncing back quite quickly. The pump is just that - partial recovery from a steep drop. Prices are still slightly below where they were when CV19 hit.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: carlisle1 on July 03, 2020, 07:48:43 AM
During the COVID-19 pandemic, the crypto market was very unstable, perhaps because of the current economic crisis in various parts of the world, so that by 2020 it was a difficult time for cryptocurrency to shine.
During the Covid-19 pandemic, the crypto market is not the only thing that is unstable. Everything in the whole world including the economy of world is just unstable and as you know there is a huge impact on the world by the pandemic. l hope after solving this problem we will see cryptocurrency to shine, but exactly it is just far.
Covid-19 for some investors in this market is a very good investment opportunity because if you bought some coins in March, now you have doubled profits in a short time. Besides, if there is a vaccine, the crypto market will certainly grow and attract a lot of big investors. Of course, this cannot happen now because Covid-19 is affecting the lives of so many people.
What about those who did not come to Buy last march?meaning this is not good investment opportunity for them?i doubt it mate because looking at the market movement now the Value of Bitcoin and other altcoins are still competing to at least break $10,000 and stays in those Level for the whole 3rd quarter and if we managed to adopt this then we will be having a Best 4th quarter of our life this 2020.

There are many speculation that we can Hit and stay at 5 digits this year but since the effect of pandemic is still here,we are long time in a waiting for this to happen.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Natalim on July 03, 2020, 09:28:22 AM
During the COVID-19 pandemic, the crypto market was very unstable, perhaps because of the current economic crisis in various parts of the world, so that by 2020 it was a difficult time for cryptocurrency to shine.
During the Covid-19 pandemic, the crypto market is not the only thing that is unstable. Everything in the whole world including the economy of world is just unstable and as you know there is a huge impact on the world by the pandemic. l hope after solving this problem we will see cryptocurrency to shine, but exactly it is just far.
Covid-19 for some investors in this market is a very good investment opportunity because if you bought some coins in March, now you have doubled profits in a short time. Besides, if there is a vaccine, the crypto market will certainly grow and attract a lot of big investors. Of course, this cannot happen now because Covid-19 is affecting the lives of so many people.
What about those who did not come to Buy last march?meaning this is not good investment opportunity for them?i doubt it mate because looking at the market movement now the Value of Bitcoin and other altcoins are still competing to at least break $10,000 and stays in those Level for the whole 3rd quarter and if we managed to adopt this then we will be having a Best 4th quarter of our life this 2020.

There are many speculation that we can Hit and stay at 5 digits this year but since the effect of pandemic is still here,we are long time in a waiting for this to happen.

Considering the situation we are at now, I guess we can't expect a further growth of bitcoin, maybe what we will be seeing is just only the survival and it's very evident that bitcoin is surviving as it has recover back from a big crashed that happen this year.

People are not talking on altcoins yet, their focus is on bitcoin as bitcoin's movement if no significant changes, nothing will happen with altcoins.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Danslip on July 03, 2020, 02:21:37 PM
During the COVID-19 pandemic, the crypto market was very unstable, perhaps because of the current economic crisis in various parts of the world, so that by 2020 it was a difficult time for cryptocurrency to shine.
During the Covid-19 pandemic, the crypto market is not the only thing that is unstable. Everything in the whole world including the economy of world is just unstable and as you know there is a huge impact on the world by the pandemic. l hope after solving this problem we will see cryptocurrency to shine, but exactly it is just far.
Covid-19 for some investors in this market is a very good investment opportunity because if you bought some coins in March, now you have doubled profits in a short time. Besides, if there is a vaccine, the crypto market will certainly grow and attract a lot of big investors. Of course, this cannot happen now because Covid-19 is affecting the lives of so many people.
What about those who did not come to Buy last march?meaning this is not good investment opportunity for them?i doubt it mate because looking at the market movement now the Value of Bitcoin and other altcoins are still competing to at least break $10,000 and stays in those Level for the whole 3rd quarter and if we managed to adopt this then we will be having a Best 4th quarter of our life this 2020.

There are many speculation that we can Hit and stay at 5 digits this year but since the effect of pandemic is still here,we are long time in a waiting for this to happen.

Considering the situation we are at now, I guess we can't expect a further growth of bitcoin, maybe what we will be seeing is just only the survival and it's very evident that bitcoin is surviving as it has recover back from a big crashed that happen this year.

People are not talking on altcoins yet, their focus is on bitcoin as bitcoin's movement if no significant changes, nothing will happen with altcoins.
You are right about that most people focus on BTC and wait for the movement of BTC. l think BTC investing is securer than altcoins investing, however as you said if BTC doesn't grow, that means altcoins will not increase either. Altcoins price depends on BTC movement. l hope BTC starts increasing as soon as possible. Maybe after that we can see that altcoins start also rising up, it seems we should still wait for this time. But till this time it can be better to collect some coins, which can be valuable in the future.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: asyakashi on July 03, 2020, 10:17:36 PM
The pandemic is still very frightening and the world economy is on the verge of a major recession.
bitcoin has a great opportunity to be sought after in the long run and more and more people believe in buying bitcoin.
halving is no longer a surprising opportunity but there will be new investors who are interested in crytpo.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: carlisle1 on July 04, 2020, 12:21:03 PM
Actually BTC Halving is nearing us that's the reason you are experience this pump even in this tough situation, also there are lot of FUDs these days especially in social media stay away from them do not trust blindly on anyone.
Lol before you post this Bitcoin price Dump deepest record ever,and that is what we need to understand.
Halving cannot cover the losses because this is a worldwide epidemic and the effect really pissing the market from crypto to stocks.
Quote
The real test begins only after the Halving only then we have to see the market price, just be patient and wait for few more days if you want to invest you can go ahead but please ensure that you invest on a right coin I mean if you want to go with altcoins.
now Halving already happens and the real test now started?

anyway still nothing comes real,how long would it takes for the halving Bullrun happens?


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: distr@yopmail.com on July 04, 2020, 01:49:52 PM
The pandemic is still very frightening and the world economy is on the verge of a major recession.
bitcoin has a great opportunity to be sought after in the long run and more and more people believe in buying bitcoin.
halving is no longer a surprising opportunity but there will be new investors who are interested in crytpo.
I think now some countries have started to make policies to improve their economy. This pandemic is not over yet, but I don't think we can continue to go down like now. the economy will weaken if we don't open our economy again.
the smaller the inventory I think it will make more people hold bitcoin for the long term.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: kotajikikox on July 04, 2020, 01:59:09 PM
The pandemic is still very frightening and the world economy is on the verge of a major recession.
Because this risk our life so who will be not scared in this pandemic?
we can die in bad way No family member beside you and will be cremated directly wihout not seeing your body by your love once.
bitcoin has a great opportunity to be sought after in the long run and more and more people believe in buying bitcoin.
halving is no longer a surprising opportunity but there will be new investors who are interested in crytpo.
halving is just there trust me,Yeah it cannot be felt these days because the virus is still spreading but sooner when this is over?
then you'll find what this is all good thing about.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Cnut237 on July 04, 2020, 07:14:55 PM
how long would it takes for the halving Bullrun happens?

Everyone anticipated that halving would be beneficial for the bitcoin price. Also, everyone knew that halving was happening, and when it was happening.
These two facts combined means that halving was already priced in well in advance of when it actually occurred.

Yes, we have seen bitcoin and alts all hit hard due to the initial economic shock of Covid-19... but this doesn't change the fact that halving was already priced in. We may see prices increases as economies come out of lockdown - but any increase in bitcoin price will be because of this, rather than halving.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Danslip on July 04, 2020, 08:20:52 PM
The pandemic is still very frightening and the world economy is on the verge of a major recession.
bitcoin has a great opportunity to be sought after in the long run and more and more people believe in buying bitcoin.
halving is no longer a surprising opportunity but there will be new investors who are interested in crytpo.
The pandemic has destroyed the whole world economy and this also affected cryptocurrency. But in my mind people who join this world are increasing day by day. That is why during the quarantine it is forbidden to get out and also people are work less. For that reason they think here can be chance making money. But l think it is so hard for newbies, that is why without knowledge and experience it is hard to make profit from investing or trading.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: asyakashi on July 04, 2020, 10:20:49 PM
The pandemic is still very frightening and the world economy is on the verge of a major recession.
bitcoin has a great opportunity to be sought after in the long run and more and more people believe in buying bitcoin.
halving is no longer a surprising opportunity but there will be new investors who are interested in crytpo.
The pandemic has destroyed the whole world economy and this also affected cryptocurrency. But in my mind people who join this world are increasing day by day. That is why during the quarantine it is forbidden to get out and also people are work less. For that reason they think here can be chance making money. But l think it is so hard for newbies, that is why without knowledge and experience it is hard to make profit from investing or trading.
When ICO became an important part in the development of crypto, everyone was involved and made huge profits with their investments. however, after ICO gained bad trust with many scam projects the trust in Crypto declined. During this pandemic many people returned to making projects like ICO and I saw investor confidence increase. I think other crypto users will also increase the volume of trading the better and this is good news. we will find new investors with better knowledge.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Cnut237 on July 05, 2020, 03:40:27 PM
During this pandemic many people returned to making projects like ICO and I saw investor confidence increase.
I don't know. Most (all?) economies have been struggling and the last few months have not generally been a great time to get new projects off the ground. Whilst I do think that crypto prices will increase, I think this will be due to rising confidence in bitcoin as the endless money-printing highlights some of the deficiencies of fiat.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: leyton11 on July 05, 2020, 06:45:55 PM

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?

Thank You for Answering.
  I would expect the price of bitcoin to not rise as high as people expected. The economy is now on the verge of crisis and if the US stock markets and major countries around the world collapse, so will bitcoin. then people will hoard fiat money to reinvest at a more appropriate time. The worst thing is that the price of bitcoin could not surpass $ 11k8 this year. that will make most miners lose a lot of money and maybe bitcoin will be sold again. In short, covid 19 will impact heavily on bitcoin and if the translation is not controlled early, things will be very bad in the future.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Kopetunto on July 05, 2020, 07:06:59 PM
when Covid19 appeared, all stock prices and of course the crypto currency had a terrible dump that occurred in march, but for the crypto currency recovery was very fast, and became a good investment this year


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Harlot on July 05, 2020, 08:04:26 PM
During this pandemic many people returned to making projects like ICO and I saw investor confidence increase.
I don't know. Most (all?) economies have been struggling and the last few months have not generally been a great time to get new projects off the ground. Whilst I do think that crypto prices will increase, I think this will be due to rising confidence in bitcoin as the endless money-printing highlights some of the deficiencies of fiat.

You see that's the thing even if majority of the world was on lockdown why are there still crypto projects being launch in this times of pandemic? Like how will there projects progress if the whole world is moving slow? How will they fulfill their roadmap if everything involve in it is affected? For me these crypto projects that pops out in these times are all just trying to milk their investors for money because they themselves are affected financially. If they don't have a solid roadmap or plan for their crypto then I think it's time to say that these new crypto projects aren't worth your money at all.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: reliable on July 06, 2020, 05:38:32 AM
when Covid19 appeared, all stock prices and of course the crypto currency had a terrible dump that occurred in march, but for the crypto currency recovery was very fast, and became a good investment this year

Crypto as such as not taken that hit which stock markets have gone through as it has fallen badly due to pandemic situation across the globe. Also , people would have moved their investment for the falling stock market to crypto and this would have given the push and also helped crypto to not fall much or to recover from the fallen price.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Natalim on July 06, 2020, 06:11:29 AM
when Covid19 appeared, all stock prices and of course the crypto currency had a terrible dump that occurred in march, but for the crypto currency recovery was very fast, and became a good investment this year

Crypto as such as not taken that hit which stock markets have gone through as it has fallen badly due to pandemic situation across the globe. Also , people would have moved their investment for the falling stock market to crypto and this would have given the push and also helped crypto to not fall much or to recover from the fallen price.


True, crypto is quite stable despite of the pandemic that cause an economic collapse to some countries.
Bitcoin is still surviving, at the current price now which is $9K, this is quite a good price compared to the price it dump earlier this year.

I think bitcoin will not anymore dropped this year and my best guess is that it will stay at least $10k by the end of the year.
But of course, no effect positively for altcoins.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: michellee on July 06, 2020, 07:49:35 AM
when Covid19 appeared, all stock prices and of course the crypto currency had a terrible dump that occurred in march, but for the crypto currency recovery was very fast, and became a good investment this year
The stock prices will get a big impact from the Covid-19, but the crypto is not getting too big, although the price for all coins already drops. And now, the stock is trying to rise again, while the crypto still on the way to increase. And that will depend on how good bitcoin moves. If bitcoin can increase higher, the altcoin will follow to grow, and the stock still tries to increase too.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: seleme on July 06, 2020, 10:16:47 PM
when Covid19 appeared, all stock prices and of course the crypto currency had a terrible dump that occurred in march, but for the crypto currency recovery was very fast, and became a good investment this year
That is right when Covid19 affects on the world economy, this world also has been destroyed. But no exaggeration to say that, BTC has survived from the corona. There is still an impact on the price of other cryptocurrencies. But l hope it will recover from this situation as soon as. Maybe we should be more patient.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: michellee on July 07, 2020, 05:43:59 AM
The stock prices will get a big impact from the Covid-19, but the crypto is not getting too big, although the price for all coins already drops. And now, the stock is trying to rise again, while the crypto still on the way to increase. And that will depend on how good bitcoin moves. If bitcoin can increase higher, the altcoin will follow to grow, and the stock still tries to increase too.
improvement is still not seen in the crypto market at this time. even though the world economy is starting to run again even though it can't be as maximal as usual. crypto is not so affected I think. but market conditions have remained silent for a while. even the halving event was unable to move the market.
It needs more time for the halving effect to move the market, and I guess we are still on the process to go that way. Maybe we will not see the result this year, but the next year, so we need to be patient for a while. The world economy is trying to rise after it stops because of the pandemic, but I am sure that sooner or later, we will see the economy grow more than before.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: distr@yopmail.com on July 08, 2020, 02:41:43 PM
Yep it's unbelievable the price of bitcoin was increasing while we are at global pandemic, I guess people want to have an extra income in internet and bitcoin was their choice to earn some money. If there is no pandemic I'm sure the price of bitcoin will surge.
I don't think that's the reason why a market activity is increasing. bitcoin is increasing slowly, I guess it's only natural. even after halving which coincided with this pandemic, bitcoin could only stand still with little movement. I think the current conditions can still be said to be reasonable and there is nothing to be exaggerated.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: cryptothreads on July 11, 2020, 02:52:13 AM
Yep it's unbelievable the price of bitcoin was increasing while we are at global pandemic, I guess people want to have an extra income in internet and bitcoin was their choice to earn some money. If there is no pandemic I'm sure the price of bitcoin will surge.
Depends on how people think about this market because if they feel this is a new investment trend they will be more involved. In fact, Covid-19 is not the reason for this market price increase and completely depends on each person's investment needs.

In general, the value of Bitcoin has increased and remained stable at $9400 during the past 2 months, so this is a sign that the market will grow strongly when Covid-19 officially ends.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Shasha80 on July 11, 2020, 03:36:21 AM
Actually there is no correlation between the increase in the price of Bitcoin with COVID19, so Bitcoin will pump or dump depending
on supply and demand. Although there is no COVID19, Bitcoin will continue to rise in price, because many people believe Bitcoin can
be a safe haven. Not even a little people who believe, can become rich by investing in Bitcoin. For altcoins I still doubt can shine
this year, due to now the price of altcoins is still stable. Following the price of Bitcoin which is also still stable at $ 9000- $ 9300.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Psynthax on July 11, 2020, 12:31:36 PM
Yep it's unbelievable the price of bitcoin was increasing while we are at global pandemic, I guess people want to have an extra income in internet and bitcoin was their choice to earn some money. If there is no pandemic I'm sure the price of bitcoin will surge.
Internet things like bitcoin usually the least to be affected, you can see that the use of e-wallet which helps us dealing transaction offline with just an app has been increasing so rapidly and it only makes sense for bitcoin which has existed for so many years promoting online currency to be used widely to rise in price because people realize that there's this thing called bitcoin.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Akiko on July 11, 2020, 01:21:22 PM
Yep it's unbelievable the price of bitcoin was increasing while we are at global pandemic, I guess people want to have an extra income in internet and bitcoin was their choice to earn some money. If there is no pandemic I'm sure the price of bitcoin will surge.
many is prefer to use online transaction right now even government agencies want to adopt  this technology this is the reasons why this pandemic can also help the bitcoin price increase instead of dropping.
They also want avoid using banknotes to avoid direct contact with anyone And the disease will never spread further with the online payment method.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: StephenJH on July 11, 2020, 11:46:43 PM
During the COVID-19 pandemic, the crypto market was very unstable, perhaps because of the current economic crisis in various parts of the world, so that by 2020 it was a difficult time for cryptocurrency to shine.
During the Covid-19 pandemic, the crypto market is not the only thing that is unstable. Everything in the whole world including the economy of world is just unstable and as you know there is a huge impact on the world by the pandemic. l hope after solving this problem we will see cryptocurrency to shine, but exactly it is just far.
Covid-19 for some investors in this market is a very good investment opportunity because if you bought some coins in March, now you have doubled profits in a short time. Besides, if there is a vaccine, the crypto market will certainly grow and attract a lot of big investors. Of course, this cannot happen now because Covid-19 is affecting the lives of so many people.
What about those who did not come to Buy last march?meaning this is not good investment opportunity for them?i doubt it mate because looking at the market movement now the Value of Bitcoin and other altcoins are still competing to at least break $10,000 and stays in those Level for the whole 3rd quarter and if we managed to adopt this then we will be having a Best 4th quarter of our life this 2020.

There are many speculation that we can Hit and stay at 5 digits this year but since the effect of pandemic is still here,we are long time in a waiting for this to happen.

Considering the situation we are at now, I guess we can't expect a further growth of bitcoin, maybe what we will be seeing is just only the survival and it's very evident that bitcoin is surviving as it has recover back from a big crashed that happen this year.

People are not talking on altcoins yet, their focus is on bitcoin as bitcoin's movement if no significant changes, nothing will happen with altcoins.
People are not talking about altcoins yet, that is why BTC is the main reason of increasing the price of altcoins. Maybe it can be the reason of not talking about much more about altcoins. That is right if BTC doesn't start growing up, there will not be any change in the price of altcoins. Maybe you are right about that BTC will grow up in the next year.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: dg2010 on July 13, 2020, 04:02:25 AM
Yep it's unbelievable the price of bitcoin was increasing while we are at global pandemic, I guess people want to have an extra income in internet and bitcoin was their choice to earn some money. If there is no pandemic I'm sure the price of bitcoin will surge.
I don't think that's the reason why a market activity is increasing. bitcoin is increasing slowly, I guess it's only natural. even after halving which coincided with this pandemic, bitcoin could only stand still with little movement. I think the current conditions can still be said to be reasonable and there is nothing to be exaggerated.
Covid-19 affected this market in March and it was a very bad time so I am sure this pandemic will have a huge impact on the price of Bitcoin. Currently, things have changed a lot and Bitcoin prices have risen higher than in the previous months, so this is a sign that the crypto market will definitely be a promising market. I think if there is a vaccine, this will be news that will cause the entire economy to change and the price of Bitcoin will probably go up very high.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Mahanton on July 13, 2020, 11:44:24 PM
Yep it's unbelievable the price of bitcoin was increasing while we are at global pandemic, I guess people want to have an extra income in internet and bitcoin was their choice to earn some money. If there is no pandemic I'm sure the price of bitcoin will surge.
I don't think that's the reason why a market activity is increasing. bitcoin is increasing slowly, I guess it's only natural. even after halving which coincided with this pandemic, bitcoin could only stand still with little movement. I think the current conditions can still be said to be reasonable and there is nothing to be exaggerated.
Covid-19 affected this market in March and it was a very bad time so I am sure this pandemic will have a huge impact on the price of Bitcoin. Currently, things have changed a lot and Bitcoin prices have risen higher than in the previous months, so this is a sign that the crypto market will definitely be a promising market. I think if there is a vaccine, this will be news that will cause the entire economy to change and the price of Bitcoin will probably go up very high.
Correlating crypto market on current worldwide condition cant really be avoided but doesnt mean that it do dictates out on what do happen with Bitcoins price. We have seen that its almost no effect even if we are
on the pandemic situation which signifies that it isnt really that connected from time to time.If we do check out traditional markets then we do saw that they are heavily affected by this but not in Bitcoin or into some alts that we had seen.Same goes if the vaccine had been created which i dont really expect that much that there would be a rise up after that but to know that people are already get confident in terms of investment then
there would always a possibility for money to flow directly to crypto which would be a good news.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: AnonBitCoiner on July 24, 2020, 05:54:20 PM
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?

Thank You for Answering.


Some people had sold their cryptocurrency to eat and for shelter. Because they don't have any work due to lockdown.This can be only handle by rich people can help the poor and needy.This corona made many people to sell holding and some to inverse on cryptocurrency.It's important to hold such pandemic situation rather than selling at cheap price. They should find some online job for their expenses.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: lepbagong on July 27, 2020, 11:57:22 AM
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?

Thank You for Answering.


Some people had sold their cryptocurrency to eat and for shelter. Because they don't have any work due to lockdown.This can be only handle by rich people can help the poor and needy.This corona made many people to sell holding and some to inverse on cryptocurrency.It's important to hold such pandemic situation rather than selling at cheap price. They should find some online job for their expenses.


very concerned and indeed this is the reality that happened and I strongly agree with what the above colleague has said, that due to the needs of all tokens that should be retained to wait for the increase must be willing to be sold before the expected time, because of the need to meet the necessities of life obviously more priority.

but for those who do have needs, this moment is very profitable because they can hold tokens longer and manage them. where we now know that many tokens are moving towards significant improvement.
of course this is clearly beneficial for those who do have an investment.


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Desscount on July 27, 2020, 02:25:45 PM
clearly visible the effect is there, the price of altcoin and bitcoin can go up, an increase of 100% has occurred,
although this time there was a decline, I think this is still a correction, there will still be an increase again


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: fauzan123 on July 28, 2020, 01:57:54 PM
I think there is no influence covid 19 with price of bitcoin in fact, bitcoin could pump high in situations covid 19 and I think bitcoin and altcoin are one of the alternative money seekers in this covid19


Title: Re: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts !
Post by: Mehedi72 on August 22, 2020, 03:47:00 PM
I don't know what's going on in the market? This whole Bitcoin Pump feels unreal when we are at a Global Panademic? What is the reason for this Pump and we have Youtubers who are asking people to buy at this price and we are going to the moon? Is this an ethical practice, I am seeing a lot of new people who are entering the market (In Twitter and Youtube). I think a lot of newbies will invest their stimulus check in Bitcoin.
Bitcoin got pump incredibly during this Global Panademic, that's because everyone are lockdown in home. No jobs, no work. That's why they come online and buy btc, so that they can get some profit.

What do you guys think, how will Bitcoin's price react to COVID19? Does the Price Surge justify the current world economy? What is your Bitcoin Price Prediction for the year end and which alts do you guys think will shine in 2020?
Thank You for Answering.
not sure btc is going to pump more or not But there is a hope pumping ETH more cause people are buying Eth due to ETH 2.0. You can also buy eth, bnb for get benefit