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Author Topic: Coronavirus ain't helping  (Read 2677 times)
joseyphil82
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February 27, 2020, 06:18:53 AM
 #41

I read on the new last night that virus is getting cointained and it's reducing, is this a fake news? I guess it is because right now it has spread to Italy and stock market is heavily affected, this is trouble

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February 27, 2020, 08:52:59 AM
 #42

I think this is a serious problem. You do not need to expect that coronavirus will help the cryptocurrency market, because there are quite a few countries infected with corona discharge.
I hope this virus is resolved soon, there are many other ways to increase the market than expected from this.

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doctor877
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February 27, 2020, 01:28:37 PM
 #43

Corona virus does not have anything to do cryotocurrencies. We shouldn't rely on that as an excuse for dip or moon. It's the paper currency that will be affected and the virus dominant nations.
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February 27, 2020, 01:43:59 PM
 #44

if it is still late in this situation, the economy will actually weaken and it is not impossible that crypto will also be affected. Corona virus is indeed dangerous, but from an economic standpoint it must be able to survive and find a way out so that investment also continues to run well.

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February 27, 2020, 01:58:45 PM
 #45

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

I never saw the epidemic called CORVID-19 coming as a challenge, The fact that the virus has started spreading globally has made nations to face their own terrain and seek for precautionary measures  to avoid being plagued.
When Nations are busy working on managing situations or creating systems that will avert certain global challenges, they tend to  concentrate or give attention to what they have at hand and and not consider giving other Nations going through a similar cases and mostly when the case has overwhelmed them.

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February 27, 2020, 02:17:01 PM
 #46

I read on the new last night that virus is getting cointained and it's reducing, is this a fake news? I guess it is because right now it has spread to Italy and stock market is heavily affected, this is trouble

What you heard is not entirely false. The number of new infections in China has declined to a few hundred per day (from few thousands per day). But on the other hand, the infection has spread to countries such as South Korea, Iran and Italy. The situation in South Korea is especially alarming. As of now, close to 2,000 people have tested positive (almost all of them during the past few days). And don't forget that South Korea is one of the most important markets for cryptocurrency.
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February 27, 2020, 02:25:35 PM
 #47

Personally, I believe that coronavirus is a means to undermine the global economy. But no one knows how this will actually happen. Maybe this is done specifically to create such an environment in the world. And now everyone is watching the situation in the world since the coronovirus is already starting to invade Europe. And because of this, new changes in the global economy can be expected and, accordingly, there will be changes in the crypto industry.
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February 27, 2020, 04:49:39 PM
 #48

I don't want to link the Coronavirus with the bitcoin bull run. We all want this Virus stamp out, it's affecting the world economic system and causing problem with nations forcing some nations to disallow other citizen's entrance into their countries. Japanese PM just ordered all public schools to shut down in his country because of the virus.
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February 27, 2020, 04:54:16 PM
 #49

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

People are working to contain it and they seem to have started trial of the vaccines against it. Humans won't lose to virus.
The reason why this particular virus has a large impact on crypto is because it mostly affected China, which still is the defacto center for world crypto market. It still has the largest mining power and hardware manufacturing as well many of crypto projects and exchanges operates there. We could just hope that the virus would go away sooner without causing much damage to the world economy.
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February 27, 2020, 06:03:56 PM
 #50

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

As I understand it, no one at all understands what a "caronavirus" is, which as such does not exist at all. Well dalad, many do not mix up what is happening under their nose, for seeing what is happening in the world. Well, let it be so. And how should caronovirus help? And in general, why did you take that this whole story does not help the crypto market? Perhaps just one turn? You just don’t notice it yourself? Nowadays, as it’s not strange, it’s just that nothing happens suddenly and if you still don’t understand it, then you won’t understand anything at all. The whole story with the "caronovirus" curtain, behind which very important actions take place. But no one sees them, because they believe everything they say on TV. Let's wait and see the result of this whole theater.
BitcoinPanther
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February 27, 2020, 06:40:09 PM
 #51

It is true that COVID-19, 2019nCov or 2019 Novel Corona Virus outbreak affects the World Economy since there are limitations due to various locked down or travel restrictions. The tourism, importation and expeort were really affected because of this.

How it will affect Cryptocurrency? Since there are fear that something chaotic will happen, some of the investors want to secure their investments. From what I see, by means of Blockchain, Crypto and Digital Currency, transactions will all be possible especially it was done online.

We need to learn that in every need, there is always an opportuniy.
adzino
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February 28, 2020, 12:48:06 AM
 #52

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all
Like how is this corona virus even going to affect the price of bitcoin? This is really weird that people always comes up with some sort of excuse or something to blame at when they see the price of crypto currency dropping. So, why do you think the price of bitcoin is dropping just because of this corona virus outbreak? Do you have any kind of facts that can backup your claim? Funny I remember reading somewhere on this forum that the price of bitcoin was increasing because of the virus, and now when its dropping, its the viruses fault.

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February 28, 2020, 01:18:53 AM
 #53

Corona virus is a pandemic of the world, we must join hands to fight it. It didn't help cryptocurrency grow but only made it worse because so many industries were stagnant.

Not really affecting that much. Maybe for some Chinese miners who have been quarantine for now. But the pandemic virus pulling the market down isnt the sole reason of the market crash.

 
I read on the new last night that virus is getting cointained and it's reducing, is this a fake news? I guess it is because right now it has spread to Italy and stock market is heavily affected, this is trouble
Probably stock market is affected since these companies have goods and services in line with global market but cryptocurrency is digital so I wonder how this crash can be cause as well by this.
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February 28, 2020, 07:10:24 AM
 #54

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

Corona virus kills thousands of people across the world. It makes the news to blare. I don't get you say corona virus is not a help to crypto currency at all and it is very noticeable because it reduces the people who use cryptocurrency. There is no illness that helps the population nor the price of cryptocurrency at all. Transaction in digital currency takes place in the internet. So, don't worry too much.

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February 28, 2020, 07:28:45 AM
 #55

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all
The increase of price and the shifting of the market is not about coronavirus only and the most important is don't blame the outbreak if there is a downward or decrease of price in the market.

Though I cannot blame you if that is your thinking but as a crypto lover you should be resourceful and wise if you want to profit in crypto. Whatever the happenings in the market, you should make sure that you know how to adjust so you can still earn a decent amount of money. Coronavirus is an outbreak that is still continuing to spread up until now and others are saying that this outbreak helps the market to increase but you should also consider that it is only a prediction and there is no exact basis about it.

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February 28, 2020, 02:13:07 PM
 #56

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

Corona virus kills thousands of people across the world. It makes the news to blare. I don't get you say corona virus is not a help to crypto currency at all and it is very noticeable because it reduces the people who use cryptocurrency. There is no illness that helps the population nor the price of cryptocurrency at all. Transaction in digital currency takes place in the internet. So, don't worry too much.
Crypto market is starting to dump again. Bitcoin has reduced its price again but this has nothing to do with corona virus outbreak. It's more on supply and demand for crypto coins. But i believe after halving, this market will recover and that even altcoins will have a massive pump. And hopefully this corona virus will come to an end particularly summer is coming and that hot temperature will definitely kill this virus.
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February 28, 2020, 03:54:26 PM
 #57

I agree that it is not helping but let's not put all the pressure on the virus neither. We have a world where few thousand people could die from anything right now and corona is not different from any of that. There are more people dying from cancer PER DAY than all of corona virus deaths that has happened so far, which means it is not as important as the news coverage it is getting.

Do you see cancer related news every single day on the news? You don't, why is something that killed same amount of cancer people per day is getting more coverage?

Because, that gets more clicks from you guys and more views from you guys and that is why it is overblown more than it really is. I am not saying corona is worthless and nothing major but we have bigger problems that doesn't change anything in crypto, we shouldn't react to it more than it really is.
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February 28, 2020, 06:40:41 PM
 #58

We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all
How would corona virus would affect cryptocurrency? As you can see a lot of people are dying because of this virus. I think you don't know more about cryptocurrency, that is why you are talking non-sense. Do you think that every events that are happening in this world would help crypto to increase crypto adaptation? Of course not because this kind of epidemia would not affect crypto that it will only affect the economy of a country that a lot of people could die and doctors will be creating medicines just to cure the virus.
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February 29, 2020, 09:42:13 AM
 #59

Now there is a very large outflow of finance from stocks. But people need somewhere to invest their money. So maybe this money will go to cryptocurrency, if so. Everything will be in the black, both old investors and new cryptocurrency investors. But these are just my thoughts.
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February 29, 2020, 10:00:57 AM
 #60

Now a phrase "crypto maniac" can be used in a new scene. Did you really believe that corona, which caused above 2,000 human deaths, could help crypto prices grow? 
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