Chinese Crypto Vs Corona Virus

[wildan88]

It will certainly affect a lot. But the important thing is that this disease has not yet led to many consequences so we have not seen the price of bitcoin grow. when China is insolvent and when the economy cannot recover, this flu could cause an economic crisis for the Chinese people. Therefore, we should have a forecast about the increase of Gold and Bitcoin in the near future, although it is always corrected, the trend will definitely go up. Now is a good time for us to buy bitcoins.

China was insolvent? I'm not sure about this. China is very rich, their cooperation is even very extensive in several large countries. I think this disease will not have an impact on digital currency especially it is bitcoin. the thing that will have an impact on bitcoin is about the economy, is this virus the Chinese economy will collapse? I do not think so.

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[Ethereums]

if we talk about the economy then china gets an impact for sure since they need to close and quarantine a lot of cities which got spread by this virus. But for crypto, it doesn't got impact since there is no issue or problem within it, as an example if crypto gets attention from gov because people get told that its scandal and probably scam then it will affect for sure. People will start to get away from it cos they don't want to make problem when china gov makes an issue warrant about it. So for this virus it doesn't get connection to crypto at all. its only disease which need us to take sometimes to cure it.

[batang_bitcoin]

I think there are people now that are worrying about this incident because when the US and Iraq quarrel comes in, the market reacted accordingly and it became positive. But I believe that there's no correlation about the virus and crypto market. The entire economy of China, sure there is an implication but for bitcoin and crypto itself, I'm not convinced that there's any.

[aomakun]

It will certainly affect a lot. But the important thing is that this disease has not yet led to many consequences so we have not seen the price of bitcoin grow. when China is insolvent and when the economy cannot recover, this flu could cause an economic crisis for the Chinese people. Therefore, we should have a forecast about the increase of Gold and Bitcoin in the near future, although it is always corrected, the trend will definitely go up. Now is a good time for us to buy bitcoins.

China was insolvent? I'm not sure about this. China is very rich, their cooperation is even very extensive in several large countries. I think this disease will not have an impact on digital currency especially it is bitcoin. the thing that will have an impact on bitcoin is about the economy, is this virus the Chinese economy will collapse? I do not think so.

With one of these disasters, I think that China will experience a slight economic disruption, especially in areas where the source of the virus that is currently on the ground is still closed. and if the Chinese economy is disrupted I think they will quickly return to growth and this disaster will indeed not have an impact on the ecosystem in bitcoin.

[zulfi125]

It is true Chinese are not celebrating their new year as most of the citizens, not traveling and holidays, are long in China due to Corona Virus. As you know, when any virus or disease is increasing day by day, then it can affect on everything, not only crypto. 

[shadowdio]

of course the economy of China will affected, but I don't know in the crypto world. Maybe if more people affected by the virus until the whole world affected of it, I guess the market will decreasing.

[Aying]

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 am not imagine that this will affect crypto because china is new to crypto only and everyone on that country don't much recognize crypto so much more bitcoin. so for me it won't affect that much because not everyone in china has a lot of crypto holders and also not the whole country infected by this epidemic. 

[airdnasxela]

The economy of China will only be affected until this virus got solved. But the thing is, it's not a major impact to their economy. The virus isn't just for Chinese people, it can also be spread out with different countries. So precaution is really needed. And the celebration of Chinese New Year got stopped to prevent spreading virus more. However, cryptocurrency doesn't have anything to do with this Corona virus. It won't affect the market big time. And Chinese people won't think of their asset when they're already struggling with their health security.

[ajiz138]

The economy of China will only be affected until this virus got solved. But the thing is, it's not a major impact to their economy. The virus isn't just for Chinese people, it can also be spread out with different countries. So precaution is really needed. And the celebration of Chinese New Year got stopped to prevent spreading virus more. However, cryptocurrency doesn't have anything to do with this Corona virus. It won't affect the market big time. And Chinese people won't think of their asset when they're already struggling with their health security.

Actually I assume that the impact of the virus in China will not have an impact on the development of crypto, because this crypto many big players from China have a point too, such as a BTC holder with a large enough number of viruses and he is ill for a long time so he sells his BTC which will effect on the market. But I hope that doesn't happen. Now that crypto is in the fertile season, don't let this good moment be damaged by the effects of this problem in China.

[kodtycoon]

of course the economy of China will affected, but I don't know in the crypto world. Maybe if more people affected by the virus until the whole world affected of it, I guess the market will decreasing.

it is not possible, because there is always prevention that will make its spread can be stopped and even there has been a lot of news in every country related to this problem. so it's unlikely that everyone will get the virus and the crypto market will definitely be fine and even we can see a good surge today

[diazepam666]

I am not sure why this has been conferred with the community because already many people saying that cryptocurrencies are being used for many harmful things like terrorist attack and smuggling world.
If husband going on then people will consider that even the the medical Mafia also doing the same with cryptocurrency which is not true.

[pikkie]

I am not sure why this has been conferred with the community because already many people saying that cryptocurrencies are being used for many harmful things like terrorist attack and smuggling world.
If husband going on then people will consider that even the the medical Mafia also doing the same with cryptocurrency which is not true.

well, if used for transactions like this I think it still makes sense but if the increase in the price of bitcoin is associated with the corona virus which is currently trending then it will be very difficult to make sense because bitcoin is not very used when people are sick and exposed to the virus.

[albrots]

Maybe it will affect if the corona virus can also affect the internet which is focused to give a bad effect on crypto. This has nothing to do, the corona virus spreads and threatens Chinese citizens and does not threaten the growth of crypto, especially global crypto. It could be that a large exchanger owner originating from China is infected but can it infect the exchanger he manages too?

[Pinkris128]

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

The epidemic that was hit in China which is the corona virus really don't have any effect in the crypto economy because it is just a disease that will not help everyone to buy cryptocurrency. Unlike the fight between Iran and US, it has a huge effect in the crypto economy because a lot of people in Iran used bitcoin as their safe asset.

[bastian466]

For our brothers and sisters in China, let us pray together for the safety of humanity and other living creatures so that they are given health and are far from dangerous virus that can cause death and all medical experts can quickly find a cure for the virus.  there is no bad impact on the development and trade in crypto

[Webetcoins]

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.

There is no direct correlation between the spread of this virus and the price of cryptocurrency, although, of course, the Chinese will visit public places less and spend less, including in cryptocurrency. This should strengthen her course.
As for this new virus, I hope its distribution is temporary. Specialists will find a way to stop it, as has already been done more than once. Over time, humanity must defeat all diseases, which is why life expectancy will reach an average of 120 years.

Efforts are made to control and stop it as people are not allowed to move out of their houses except urgent needs. They have also banned traveling to the country until they do not control the virus and save human lives. The healthcare department is boosted by all the scenario and struggling hard to control it. If talking about how it will effect crypto, the only way it can effect is as people are locked in their houses, they will not buy or sell things even in this market so it may have an effect on the crypto market.

[nutriagrigia]

For our brothers and sisters in China, let us pray together for the safety of humanity and other living creatures so that they are given health and are far from dangerous virus that can cause death and all medical experts can quickly find a cure for the virus.  there is no bad impact on the development and trade in crypto

We are all worried about what is happening in China, but I think this virus was specifically created to reduce the population of China. these are very cruel measures that world governments are taking. I could be wrong, but it looks that way.

The influence on the cryptocurrency market can be very serious because people will sell their cryptocurrency in order to escape from China.

[themistocleess]

The virus that spread in china is a alarming situation as many people health get ill and they will suffer health issues, but on the other hand it does not make any difference with crypto as you can deal with this at home or wherever you are, you do not need to go anywhere to use this currency thats the best thing of crypto

[marcous]

China is a country that has a strong strategy in maintaining conditions in the economic sector in particular. So for the time being, everything will be done to deal with the virus and the effects that might affect the Chinese economy and the global economy I guess. because from the news sources for the time being their economy is still fairly normal, psychologically it is certainly a severe problem in the country because it is required to isolate millions of people in one city.

[Chainsmokers]

The virus that spread in china is a alarming situation as many people health get ill and they will suffer health issues, but on the other hand it does not make any difference with crypto as you can deal with this at home or wherever you are, you do not need to go anywhere to use this currency thats the best thing of crypto

I don't think it has any effect on cryptocurrency. We know that nowadays it is very busy to talk about the corona virus and its ever-expanding spread so that quarantine is carried out at a certain point in the area. But that I don't think has an influence on the cryptocurrency price movements. This corona virus might only have an impact on the economic situation in China and possibly in some other sectors affected by the virus but for cryptocurrency I don't think there is any correlation with that.