We can't really say that it is because of the pandemic.

I did a google search last week when the dump happened and it is said that it is because of the moving of Bitcoin of these PlusToken scammers. You can read the article here. They are moving the Bitcoins to mixers that is why the dump is happening. We can say that some investors did some panic selling but I think the most reason why that dump happened is because of these scammers.

That is so true.

I thought that it is because of what is happening right now but it turns out it is not really the pandemic but it just played a role to affect the price. I am not surprised by the price change in time since we all know the capabilities of it even in the past. The halving is closing and with the recovering price, I think we might get back at $10K.

It is said that Covid can't really affect the Bitcoin price

There might be some that panicked because of it but as far as I know, the PLusToken scam majorly affected the fall and coincidentally, it went together when the pandemic is getting worse.


I don't think that it will last that long.

From the drop to $5K, now we are looking at the price of $6K. Ever since it reached that price, it is not going down and not that going up either so maybe before the halving, we will be starting at the price of $6K.


We don't know.

But the thing about the halving is that it will obviously affect the price of Bitcoin positively.


The stock market is majorly affected by it.

I think investors thought that Bitcoin and other cryptocurrencies will also be affected that is why some investors already sold some of their BTCs for the dump, and it happened and thought it was all because of the virus.


It did crash but it is affected.

The stock market is affected and I don't think Gold be an exemption to that. It is a debate in the past whether Bitcoin is a safe-haven investment or not and I think it is not a safe-haven. Might not be even a store of value.

It is true that the drop is so big, but I don't see these professional investors panic selling.

They are called professional investors for a reason, and if they are really professional, they don't need to panic since they can analyze what they need to do and cope up with the changes that happened. It doesn't mean that the dump is so big means that the professional investors panicked, it is quite affected by the pandemic but I don't think that is the main reason.

Here's the thing about the quarantine here.

Casinos are closed so we don't really have places to gamble our money. My friend invited me to play online and it ends up me downloading an application called Zynga poker and well, we just talk while we are playing. People should really budget their money right now since they never now how long will these lockdowns will happen.



Playing almost throughout the day is somewhat annoying.

You are just sitting around in front of your PC and you feel so tired after the day. I don't know you all ever felt this but I am so tired gambling every single hour especially if you are just always holding on a thread.



We can't really play other things in this lockdown.

We can't choose what games should we play, I am not even sure if we should even spend our money on some online games I've seen on a gambling site. I think I am just gambling now just to kill the boredom but the thing is that I am still so bored that I really need to go outside to play but we all know that it is not allowed.

Some users as far as I know experienced bad things in a site and that is the reason they are doing it.

With a lot of users slandering other sites, I think it is a grudge of what happened in the past. I don't know if owners of sites are really paying them or maybe owners or co-owners are doing it all we know is the reputation that site has is being stepped on. We could just based that on the reputation that the site has since there are only a few sites that you could trust.

Okay, I think you are misunderstood.

Not all of the esports events are done online. We have this type of tournaments, LAN and online. Obviously LAN tournaments are those events where these pro players go to a country where the LAN tournament will be held. LOL, Dota2, CSGO, and other esports (from fighting games, such as Tekken and Smash Bros) usually the events held from Majors to Minors are held on LAN. Online is also a thing but these days, events online are usually for qualifiers. Those teams that will win the online qualifiers will be going to the Group stages which is popularly done on LAN. Because of the pandemic, a lot of LAN events are postponed, delayed and cancelled, (most of them are Majors and Minors) that is why I said that they might lose the chance to bet on it and also because the tournaments that are still ongoing are halfway through.

Speaking of an online tournament, Dota2 has its WeSave! Charity Play now ongoing, I don't know if people can bet on it since it is just a charity match.

It is just bad.

Just look at this article and it will all tell you how bad it is. It is just in our country, how much more to other countries that are greatly affected by the Corona Virus like China and Italy. The stock market is really affected by this, despite the dump of Bitcoin last week, it is not recovering proving that it is not that affected by it.

That is the reason why we should be patient.

A lot of people are already disappointed at those changes not knowing that a lot of people would take advantage of that price fall. Now we are seeing a good price stabling at $6.1K. Now we just wait what might happen, yesterday it reached $6.5K so there is a chance or a possibility that it will go higher than that, who knows, it might be $7K tomorrow.

Another manipulation? We don't know.

All we know is that the price of Bitcoin fell much worse than this in 2018. A lot of people thought that Bitcoin and other cryptocurrencies are starting to crumble, starting to die but it didn't. Bitcoin will always recover, from the past dumps up until now, it still proves that it will never let us down. Bitcoin will keep on giving us profit, that will be the same to other cryptocurrencies.

We've seen a drop much worse than this.

We did not continuously fall but it went back just after months. Another thing that we should consider is that the profit Bitcoin gave, in the long run, is something that we should always remember, that is why people call Bitcoin a store of value though it wasn't. Bitcoin's price will always recover, just look at the price right now, it is starting to do so.

All of them are being affected and despite people needing food and medical supplies, they are also affected.

Food businesses are also affected negatively since because of the lockdown, they can't really manufacture foods that easily. Their workers/employees are at their homes with the quarantine. In terms of the medical field, they are having a shortage now to alcohol and face masks which are the most needed of people nowadays.

I realized something though.

I gamble online after my job. When the pandemic started affecting our country and working home is in effect, it is hard to gamble online and I feel like I am bored doing it for a longer time, it is like I got tired of gambling. I am not addicted, I do it for fun and well, the idea of me gambling doesn't really change but while in quarantine I just got tired of it though I still do my job properly. I don't know how that happened, maybe some of you felt the same?

To be honest, it is the opposite.

It is not that I am not gambling online or taking any online bets but it is just that my friend invited me to do some online bets and we did. I also suggested some esports bettings to him but he said he is not interested in that. He also tipped me so, yeah, it is great.

There are a lot of gamblers turning to online casinos or gambling sites.

As our government is strict about the policies to keep us safe from the virus, we are stuck in our houses and the only alternative that we can run to is obviously online casinos. There are still games that can we bet but most of them are postponed or canceled. If you are into esports, there are still some games that are ongoing, better bet on it now since you might lose the chance to do so.

Hope people took your suggestion since we are seeing the price increasing slowly.

Been checking the price of Bitcoin for the past hours, it is boring here in our house and watching TV wouldn't cut it, and I saw the increase reaching at $6.5K. That is almost $1K increase in almost a day, if people took advantage of that low price, they would be seeing their portfolio now with a good profit. How much more if after halving.

Hope people could learn a thing from you.

A lot of people want to earn money but they don't do things to achieve that, usually people nowadays think that money will approach them but it is the opposite. People should really prefer trading or maybe binary options if you have the capital or money to start with. Always remember that you could lose all of your money in gambling while in trading, you can lose but not all of it but just the percentage of it.

I think people would still be able to trade Bitcoin despite their prohibitions.

They admitted that they can't really control it which means the only thing they can do is to put a rule on exchanges or trading platforms that runs in their country. With a lot of exchanges outside of Russia, crypto traders at the country can still trade either using proxies, VPNs or other things to mask their IPs. It is not like they can even identify people who own those cryptocurrencies.

This ruined my day.

People need help and these sh*ts are taking advantage of the pandemic that is happening? Are these people still human? It is so annoying that instead of helping those people in need, they still got the idea of scamming or fooling other people out of their money. Thanks for informing though.

You are focussing on the positive but there are a lot of worst negative features of it.

1. It doesn't look like it but a lot of people do not know what to do.
2. People are so scared to go outside and bonding with their family is the only way they do to forget that feeling.
3. Economy majorly affected.
4. A lot of people doubting the government what they can do in times like this.
5. Nothing changes in terms of our environment, after all of this it will just go back to normal.
6. Camaraderie? Do you even see people hoarding essentials and not even thinking that other people need it?
7. Lockdown is not a good thing, it is just done for people's safety.
8. People just say their prayers when it comes to times like this.
9. Education is badly affected.
10. You are focusing on the effect on Earth but it is not the one suffering right now but the people.

You could say that this is a punishment of some sort but this pandemic tells us and shows us how bad people are and despite the security and being technologically advance of each country, they are vulnerable to such viruses.