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Author Topic: Corona Virus will Impact the price of Bitcoin ?  (Read 1762 times)
Hamphser
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January 26, 2020, 02:54:13 PM
 #41

I also wonder if there is a Miss Universe, is it possible to affect the bitcoin price? Grin
Why is that those world event is being mentioned all of a sudden connecting to bitcoin's price?
There are other epidemic happening in the other country but there is no connect on what would be the price of bitcoin in the future.

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January 26, 2020, 03:21:10 PM
 #42


I also wonder if there is a Miss Universe, is it possible to affect the bitcoin price? Grin
Why is that those world event is being mentioned all of a sudden connecting to bitcoin's price?
There are other epidemic happening in the other country but there is no connect on what would be the price of bitcoin in the future.

yes you are right i think it is a silly question to ask about the corona virus and its impact on bitcoin, how is it possible that a disease will affect the market price, i think it is not fair, although few days ago people were asking about the iran US war impact on bitcoin as in that case the stock market was in trouble that is why war had effect on the bitcoin but corona virus do not have.
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January 26, 2020, 03:35:00 PM
 #43

The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.

For now its too difficult to say because government do everything to stop it and make a vaccine for all affected. but if this virus will continuously spreading even in other more country then everyone will afraid to go out and maybe bitcoin will be the solution to avoid contact to any other people. so maybe the price will goes up.

Watch out for this SPACE!
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January 26, 2020, 04:10:49 PM
 #44

how do you even come up with things like this? what is next, someone farts and you link that to bitcoin price too. it is not 1347 and Corona virus is not the black death in Europe to kill that many people and have any impact on price of anything let alone bitcoin.

Lol people keep on bringing things that is totally unnecessary. Such virus is a responsibility of a government to cure, and bitcoin doesn't have any thing to do with it. If ever this virus became to big to handle of one city alone then there will be a consideration involving bitcoin like having to spend some tools to cover up expenses.

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January 26, 2020, 04:17:03 PM
 #45

Corona Virus will Impact the price of Bitcoin ?

Uncertainty always helps price of Bitcoin to get higher.  But if economy drastically reduce. And we fall into economic crisis that will fro sure not be good.  So short term should be good, medium term ( half year to a year) should be bad.
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January 26, 2020, 04:24:40 PM
 #46

how do you even come up with things like this? what is next, someone farts and you link that to bitcoin price too. it is not 1347 and Corona virus is not the black death in Europe to kill that many people and have any impact on price of anything let alone bitcoin.

Lol people keep on bringing things that is totally unnecessary. Such virus is a responsibility of a government to cure, and bitcoin doesn't have any thing to do with it. If ever this virus became to big to handle of one city alone then there will be a consideration involving bitcoin like having to spend some tools to cover up expenses.

I don't believe that. I saw articles which was claiming that the Corona Virus has anything to do with falling resource prices(oil, steel, tin). What a crap of correlation analysis.
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January 26, 2020, 04:41:25 PM
 #47

The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
I also do not understand why bitcoin is always associated with things that in my opinion do not make sense, does the corona virus affect the movement of bitcoin or what and what are the reasons?

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January 26, 2020, 05:06:19 PM
 #48

The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
IMO.. This will not make the price of Bitcoin fall, even though most of the Bitcoin miners are from China, but the spread of this virus does not reach the whole of China (only in a few cities) so that Bitcoin mining activities there are not disrupted..  I'm sure the Chinese government will be able to block the spread of this disease throughout the world.

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January 26, 2020, 06:09:12 PM
 #49

The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
How it would affect? On what sense? Its good for someone to know recent events or news that do happen globally but it doesnt mean that everytime
theres an issue or big events would be tied up on Bitcoin or Crypto market.I dont see the correlation of this Corona virus epidemic to affect bitcoin prices.
It has nothing to do with it actually. I dont know why people are really fan on tying up things even it turns out to be non relevant.
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January 26, 2020, 06:09:34 PM
 #50

The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.

Corona virus have no impact on blockchain but on the people.  Smiley Why would bitcoin would be impacted by a virus which can do no harm to bitcoin blockchain. That's the most stupid question being asked here.  Cheesy
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January 26, 2020, 06:21:53 PM
 #51

It's totally no correlation among of them, coronavirus and the Bitcoin price, I dont see any relative cases among of them. But probably if there are more were afraid to be infected with virus probably people will use crypto to buy stuff that they needed. They will never come out on their house and go to public place which is possible that you will be infected. So far, there's nothing to panic everything will be fine and there's no make sense if you spread a false thought like this.

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January 26, 2020, 07:52:19 PM
 #52

Bitcoin price is increasing today, maybe this life killing corona virus does impact in bitcoin price! In the collision between Iran and USA, the bitcoin price pumped high. But I was not happy at that time, not at this moment too. We don't need this type of bitcoin pump, rather I feel anger sometimes!

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January 26, 2020, 10:41:28 PM
 #53

Will give impact with corona virus make bitcoin down because the investor from China are not think about bitcoin and altcoin right now and keep focus with their situation healthy from Corona virus, maybe we hope this situation could be fix soon and many investor back for investing with bitcoin to raise with higher price.

You're overestimating the virus and the panic it causes.

There's still no big panic because the virus isn't very deadly. It kills only very weak or old people and there's still not that many cases. It's even speculated that the government can have someting to do with it. A virus killing old and unproductive part of the society can be an easy way to fight overpopulation Wink
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January 27, 2020, 03:40:26 AM
 #54

The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
If we talk about "people died" or maybe affect, maybe people will sell their bitcoin to get money and cure, or maybe owner of bitcoin that died and not tell his family, his bitcoin will stuck at that wallet forever. Maybe both condition can happen but i hope all people in this world can keep healthy and the virus already have the cure.

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January 27, 2020, 04:56:03 AM
 #55

Will give impact with corona virus make bitcoin down because the investor from China are not think about bitcoin and altcoin right now and keep focus with their situation healthy from Corona virus, maybe we hope this situation could be fix soon and many investor back for investing with bitcoin to raise with higher price.

You're overestimating the virus and the panic it causes.

There's still no big panic because the virus isn't very deadly. It kills only very weak or old people and there's still not that many cases. It's even speculated that the government can have someting to do with it. A virus killing old and unproductive part of the society can be an easy way to fight overpopulation Wink
actually, it kills many people, moreover it's a virus that hasn't had a vaccine to date. even now their money is useless and they are prepared to exchange their money for their health. You know the reason why this virus has a lot of news, it's because this virus is dangerous and can spread quickly. however, it can affect the price of bitcoin when they sell their assets for their health.
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January 27, 2020, 05:14:41 AM
 #56

I was waiting for this question, seriously. I've noticed that some bitcoiners behave like paranoid personalities. No matter what happened in the world: the US - China trade war, the tension between Iran and America or corona virus, the try to find a correlation between this fact and Bitcoin's price rate. Just stop being insane!
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January 27, 2020, 08:22:31 AM
 #57

how do you even come up with things like this? what is next, someone farts and you link that to bitcoin price too. it is not 1347 and Corona virus is not the black death in Europe to kill that many people and have any impact on price of anything let alone bitcoin.

I was rolling my eyes too. Then I saw this tweet bearing the news,

https://twitter.com/reuters/status/1221586295354462211

Quote

Saudi energy minister says confident China can contain, eradicate new coronavirus


If he's talking about the corona virus, its effect on the global economy, and be worried on its effect on oil prices, maybe OP has a point.

Don't roll your eyes on me.

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January 27, 2020, 08:44:45 AM
 #58

Will give impact with corona virus make bitcoin down because the investor from China are not think about bitcoin and altcoin right now and keep focus with their situation healthy from Corona virus, maybe we hope this situation could be fix soon and many investor back for investing with bitcoin to raise with higher price.

You're overestimating the virus and the panic it causes.

There's still no big panic because the virus isn't very deadly. It kills only very weak or old people and there's still not that many cases. It's even speculated that the government can have someting to do with it. A virus killing old and unproductive part of the society can be an easy way to fight overpopulation Wink
actually, it kills many people, moreover it's a virus that hasn't had a vaccine to date. even now their money is useless and they are prepared to exchange their money for their health. You know the reason why this virus has a lot of news, it's because this virus is dangerous and can spread quickly. however, it can affect the price of bitcoin when they sell their assets for their health.

Hasn't have vaccine but glad they found the source of the virus and hopefully next they can find the cure so that the virus will not spread out since if this continue to rise up then it threaten the Chinese economy and the crypto economy since we all know the Chinese players are big in both industry, that's why we need to pray up that this unfortunate event will stop so that no threat for growths will occur these days.

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January 27, 2020, 08:46:03 AM
 #59

The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
If we talk about "people died" or maybe affect, maybe people will sell their bitcoin to get money and cure, or maybe owner of bitcoin that died and not tell his family, his bitcoin will stuck at that wallet forever. Maybe both condition can happen but i hope all people in this world can keep healthy and the virus already have the cure.
it's possible when China is one of the countries with the highest bitcoin dominance, then this virus is also mostly from China and now China is isolating a lot of population, so in my opinion it might happen if they sell bitcoin to survive, because I read the news they are also fighting over food and other things.

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January 27, 2020, 08:48:07 AM
 #60

how do you even come up with things like this? what is next, someone farts and you link that to bitcoin price too. it is not 1347 and Corona virus is not the black death in Europe to kill that many people and have any impact on price of anything let alone bitcoin.

I was rolling my eyes too. Then I saw this tweet bearing the news,

https://twitter.com/reuters/status/1221586295354462211

Quote

Saudi energy minister says confident China can contain, eradicate new coronavirus


If he's talking about the corona virus, its effect on the global economy, and be worried on its effect on oil prices, maybe OP has a point.

Don't roll your eyes on me.

He was confident that China can contain this, so there is nothing to worry and it should not be a big crisis in China.
There will be no significant effect to bitcoin, meanwhile, let's continue to monitor this case in China.

here's some news.

Death Toll Rises to 80 as U.S. Prepares to Evacuate Americans From Wuhan

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