Chinese Crypto Vs Corona Virus

[Sato$hi]

Today is a big celebration day of the Chinese New Year, but on the other hand China is being hit by an epidemic that is the corona virus. So the Chinese government recommends that Chinese citizens do not travel on holidays and they close some tourism facilities to the public.
Even in Japan reportedly there are some shops that do not allow tourists from China to not visit their stores.
From this incident, will this affect the economy of China, especially China and the global crypto world?
https://www.washingtonpost.com/business/economy/global-markets-swoon-as-lethal-virus-in-china-spreads/2020/01/23/a2223898-3dff-11ea-8872-5df698785a4e_story.html

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[masterrex]

Today is a big celebration day of the Chinese New Year, but on the other hand China is being hit by an epidemic that is the corona virus. So the Chinese government recommends that Chinese citizens do not travel on holidays and they close some tourism facilities to the public.
Even in Japan reportedly there are some shops that do not allow tourists from China to not visit their stores.
From this incident, will this affect the economy of China, especially China and the global crypto world?
https://www.washingtonpost.com/business/economy/global-markets-swoon-as-lethal-virus-in-china-spreads/2020/01/23/a2223898-3dff-11ea-8872-5df698785a4e_story.html

I don't think it can affect the cryptocurrency industry as a whole, because first you didn't required to go anywhere before you can make any transaction in crypto, except if you buy something using crypto, But it will affect the chinese tourism industry for sure, while the government of china is doing everything they can to contain the epidemic so that it won't spread further. on the other hand most countries in world are already aware in the situation that's why all of them is doing measures to prevent the Corona Virus reaching to their respective territories.

[semobo]

China locked down more than 10 cities until now and the disease have been reported on Australia and USA so people still didn't find how the virus can spread to all around the world in quick time frame and also there is a suspicion this could be spread over chicken as well so stop eating meats for few days.

[kolonel_x]

Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.

[d3nz]

Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.

This outbreak is really affecting a lot of people in Asia and there could a possibility that it could affect the market if the virus is spreading across all over Asia and some people who are investor may used and dump their BTC which is really bad in market.

And i think the impact of this crisis will not be big and recovery will be soon.

[ashmodeus]

Well , lets make a joke , a few years ago , john mcafee has advisoring a zombie coin , and somehow this seems to have a connection, and how you think about it?
And it from china too.

[ajiz138]

The outbreak of the virus in China has a close relationship with the Chinese economy, but it will not affect the crypto. It is possible that in China now many economic support facilities have been terminated for reasons of avoiding Corona infections. But will China be able to close the crypto movement? we take a real example, this Binance is Chinese, is binance also covered by this virus?

[tippytoes]

Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.

This outbreak is really affecting a lot of people in Asia and there could a possibility that it could affect the market if the virus is spreading across all over Asia and some people who are investor may used and dump their BTC which is really bad in market.

And i think the impact of this crisis will not be big and recovery will be soon.

I don't see any correlation why investors will dump their btc during this crisis. What would be the reason why they will do that? I think this health scare from China has no relationship in what crypto users will do to their btc. Just my opinion here...

[Bim abk]

in the Chinese economy it will definitely have a bad effect, but in the crypto economy then I don't think it will have much impact because I don't think this will have an impact, because the use of bitcoin and crypto there is limited so I don't think it will have much impact.

[Blackdeath]

Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.

This outbreak is really affecting a lot of people in Asia and there could a possibility that it could affect the market if the virus is spreading across all over Asia and some people who are investor may used and dump their BTC which is really bad in market.

And i think the impact of this crisis will not be big and recovery will be soon.

The corona virus is really affecting a lot of people in Asia that some people is starting to panic about it. But i don't really think that this epidemic will have a huge impact on the cryto market because it will not help to adopt cryptocurrency all over the world and it will not make people sell their crypto.

[CjMapope]

Today is a big celebration day of the Chinese New Year, but on the other hand China is being hit by an epidemic that is the corona virus. So the Chinese government recommends that Chinese citizens do not travel on holidays and they close some tourism facilities to the public.
Even in Japan reportedly there are some shops that do not allow tourists from China to not visit their stores.
From this incident, will this affect the economy of China, especially China and the global crypto world?
https://www.washingtonpost.com/business/economy/global-markets-swoon-as-lethal-virus-in-china-spreads/2020/01/23/a2223898-3dff-11ea-8872-5df698785a4e_story.html

Its kinda a weird timing that they are just messing with the possibility of a "FIAT digital currency" , and now this flu breaks out
Tho really, the Earth tends to do that when theres too many people on it or in one spot, disease and general bad things tend to happen, sux man
but its prob not crypto related if i had to guess : / just coincidence

[salad daging]

It does not yet have a real effect on the global economy, it only affects regional economic activity and has nothing to do with crypto, unless the scale develops in national reach, the first to be affected is the RMB and the surrounding business environment. Virus prevention continues with gradual quarantine, hopefully Corona will not actively spread throughout the world.

[pakhitheboss]

I doubt it will effect Crypto world as you only need a device to access your portfolio and exchanges to make transactions. There will be no immediate effect on the economic also but, things can quiet get worst if immediate preventive measures are not taken. At the moment Chinese government is doing the best it can to stop thing go out of its hand.

[cryp24x]

This is my opinion about this.

CRYPTO will be STRONGER.

Why? Due to this outbreak and locked down, they will realize that digital currency is needed in doing transactions while inside their houses or offices. They don't need to be on the bank, they don't need to go to the groceries and everything will be delivered to them. Bitcoin and Altcoins will be a great help and option to an incident like this. The transactions will continue and payments will ne as easier and better.

[hatshepsut93]

Obviously a huge global pandemic with millions of victims would have negative consequences on the global economy, and if the timing is right, it could drive the economy into a recession, as we already have some gloom and doom predictions in the recent years. However, we are very far from it, the last decades had many outbreaks like Ebola or SARS, but they all were largely contained and no observable effects on the economy were witnessed, so it's likely to be the same this time.

[o48o]

Today is a big celebration day of the Chinese New Year, but on the other hand China is being hit by an epidemic that is the corona virus. So the Chinese government recommends that Chinese citizens do not travel on holidays and they close some tourism facilities to the public.
Even in Japan reportedly there are some shops that do not allow tourists from China to not visit their stores.
From this incident, will this affect the economy of China, especially China and the global crypto world?
https://www.washingtonpost.com/business/economy/global-markets-swoon-as-lethal-virus-in-china-spreads/2020/01/23/a2223898-3dff-11ea-8872-5df698785a4e_story.html

In no way i can see this virus relevant on use cases, regulations or acceptance of crypto. There has been actual things happening in China against permissionless cryptocurrencies. Virus that's killing elderly people is of course awful but it's not one of them.

[Sterbens]

Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.

This outbreak is really affecting a lot of people in Asia and there could a possibility that it could affect the market if the virus is spreading across all over Asia and some people who are investor may used and dump their BTC which is really bad in market.

And i think the impact of this crisis will not be big and recovery will be soon.

The corona virus is really affecting a lot of people in Asia that some people is starting to panic about it. But i don't really think that this epidemic will have a huge impact on the cryto market because it will not help to adopt cryptocurrency all over the world and it will not make people sell their crypto.

Maybe this will only have an impact on the global economy, open to the crypto market, maybe it's only a part of it and it's unlikely that it will be severe.
Viruses like Corona are the government that will deal with them because this is a big problem and almost in Asia affected by the Corona outbreak.

[Eclipse26]

This situation won't affect cryptocurrency at all even though it's China that is affected by this virus. First is how? They wouldn't be minding their wealth and money because it's the health that they're talking about. Health first and their money or investments won't matter with this situation. It's really hard to connect this two but basically it will be a crisis for China to overcome this. There's no cute yet and it keeps on spreading to people. What's scarier is that the virus is not only in China, it's spreading with different countries.

[Colt81]

Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.

This outbreak is really affecting a lot of people in Asia and there could a possibility that it could affect the market if the virus is spreading across all over Asia and some people who are investor may used and dump their BTC which is really bad in market.

And i think the impact of this crisis will not be big and recovery will be soon.

The corona virus is really affecting a lot of people in Asia that some people is starting to panic about it. But i don't really think that this epidemic will have a huge impact on the cryto market because it will not help to adopt cryptocurrency all over the world and it will not make people sell their crypto.

Maybe this will only have an impact on the global economy, open to the crypto market, maybe it's only a part of it and it's unlikely that it will be severe.
Viruses like Corona are the government that will deal with them because this is a big problem and almost in Asia affected by the Corona outbreak.

The epidemic of corona virus will only have an impact on the global economy when it comes to treatment cost, productivity of drugs and mortality. But it won't have any impact to the crypto market because this kind of situation won't really help to increase or decrease bitcoin adaptation.

[Sterbens]

Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.

This outbreak is really affecting a lot of people in Asia and there could a possibility that it could affect the market if the virus is spreading across all over Asia and some people who are investor may used and dump their BTC which is really bad in market.

And i think the impact of this crisis will not be big and recovery will be soon.

The corona virus is really affecting a lot of people in Asia that some people is starting to panic about it. But i don't really think that this epidemic will have a huge impact on the cryto market because it will not help to adopt cryptocurrency all over the world and it will not make people sell their crypto.

Maybe this will only have an impact on the global economy, open to the crypto market, maybe it's only a part of it and it's unlikely that it will be severe.
Viruses like Corona are the government that will deal with them because this is a big problem and almost in Asia affected by the Corona outbreak.

The epidemic of corona virus will only have an impact on the global economy when it comes to treatment cost, productivity of drugs and mortality. But it won't have any impact to the crypto market because this kind of situation won't really help to increase or decrease bitcoin adaptation.

Yeah right, so the point is we don't need to worry about the current state of the crypto market, I think this will be okay, no need to worry.
What needs to be taken care of is that if you are in the Asian region, you must be aware of a virus like this immediately anticipate now before it happens to us because this virus is very dangerous and can cause death.