Bitcoin Forum
June 21, 2024, 02:26:53 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Bitcoin is below $6000 due to corona virus panic, what's next?  (Read 219 times)
Juggy777
Hero Member
*****
Offline Offline

Activity: 2646
Merit: 686


View Profile
March 12, 2020, 04:54:14 PM
 #21

According to this news : https://cointelegraph.com/news/breaking-bitcoin-crashes-17-in-1-hour-below-6k-in-coronavirus-panic

Quote
BREAKING: Bitcoin Crashes 17% in 1 Hour Below $6K in Coronavirus Panic

What do you think would happen next, will bitcoin continue to crash and we might be back to $3000 again?
And what could be the reason to stop this bleeding?

@Kasabus at this moment everything is crashing be it the stock market or the crypto market, so there’s not much we can do except hodl our stocks and crypto’s and wait for better days. Also there’s no specific answer to this question as people would be divided on answering it, and I’ll be really surprised if we can find a universally accepted answer to this question. Furthermore in my personal opinion if more countries lock themselves out then yes I do see bitcoin prices falling down, and again we can’t do anything about it except hodl and wait.

Sources:

https://www.ccn.com/this-is-why-the-dow-jones-just-suffered-one-of-its-ugliest-crashes-yet/

https://www.nbcnews.com/news/world/coronavirus-has-italy-lockdown-what-rest-us-have-look-forward-n1155396

https://www.wsj.com/articles/european-airline-stocks-plummet-as-u-s-plans-travel-ban-11584010224
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!