Coronavirus ain't helping

[Mpamaegbu]

i dont see any connection with coranabvirus and the market if there is its only small issue that can be forget.

Coronavirus is world issue not a market issue.
What happen to market now is just a normal correction and nothing more.

Coronavirus is actually a huge ECONOMIC issue and that precludes a global concern. It's not just for China (remember that China banned cryptocurrency in 2017), it's a major concern because the virus is spreading across many continents now. The economy grows when people work but illness doesn't give chance for that.

[zaim7413]

Thanks to Coronavirus probably stock-market crashed and that affected price of cryptocurrencies. But where are the the statements about not-correlated asset? Everytime when stock market crashed, crypto crashed too. Remember the early 2018? Thats what I am talking about.

If because of Coronavirus the stock market has fallen, then what is the cause when the stock market crashed in early 2018? because at that time Coronavirus had not yet been found and I think this had little influence from Coronavirus, because if Coronavirus was not found, the stock market would still experience a collapse.

[Kotone]

That's not a practical ways of saying corona virus is helping crypto price to soar, but rather affected many people to halt their funds and avoid any crypto purchases by means of hoarding.

That's their opinion and a bad one. I dont like to see market boosted but many suffer with this disease that created. I think many people will are expected the price of market will soar as 2020 brings some recent pumps but the truth is, we can never know it as volatility is always observed

[gaston castano]

so you expect the economy to crash from this epidemic.
I guess that's a little bad, although there are some people who expect it.
I am more hopeful that this outbreak will end soon, although it will not affect the crypto.
can still produce from other ways, this is too greedy.

[lienfaye]

i dont see any connection with coranabvirus and the market if there is its only small issue that can be forget.

I agree, it has no connection. This virus is a world issue and each country's government are already addressing the problem and looking for a solution.

It has nothing to do with the market unless investors are selling their assets to use for medication. But this virus started last year and we know early this year the cryptos are showing growth hence we should not connect what currently happening in the market to this virus.

[soramon]

Well well well i think it doesnt bring any impact to cryptocurrency. That virus break the local economy for sure. As soon as possible everything will be back to normal. I hope this covid-19 will dissepear immediatialy and crypto will rise.

[pakhitheboss]

i dont see any connection with coranabvirus and the market if there is its only small issue that can be forget.

I agree, it has no connection. This virus is a world issue and each country's government are already addressing the problem and looking for a solution.

It has nothing to do with the market unless investors are selling their assets to use for medication. But this virus started last year and we know early this year the cryptos are showing growth hence we should not connect what currently happening in the market to this virus.

Still it cannot be contained and now people have started panicking. I think it is also affecting the crypto market like the stock market. You cannot rule it out. I have seen most of us are denying this fact but, no one has given any proof.

[michellee]

Coronavirus is not related to the crypto world, but now, all countries still focus on that virus, and they still find the cure. Coronavirus takes every government's attention that they need to protect their city from the virus, and if one or more of their citizens affect that virus, they will search for how to cure, although until now, they still find it.

The crypto market still not moves to better situations, but we know that it no has any correlation. We could only hope that both coronavirus and crypto can find a better solution.

[thesmallgod]

Coronavirus impact cuts across all the economy of the world and it not attributed to the decline in the price of bitcoin alone. If you watch television, the stock markets have also continued to witness huge losses. The price of cryptos especially bitcoin has not really dropped too bad. I read the virus is not as deadly as the ebola but the problem was where it first started, China with such a huge population and Chinese migrants around the world. Hopefully, we get the vaccines soon so everything can stay grounded.

[RealMalatesta]

This is probably the only topic that I have seen people are talking about coronavirus properly. I mean there has been so many topics that talked about corona so high that if you read them you would think we are in a zombie movie and there are millions of zombies out there and we are trying to out run to safety or something.

Sure the disease is a bad one and sure we should be careful and try to not go crowded areas if we are in infected zone so forth but let's calm ourselves, this is simply just a disease and not the end of the world, if you want to see end of the world go look at climate change, that kills more people and animals every year than corona could ever hope for.

[AicecreaME]

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

This virus is causing thousands of people to die and scare the whole world, but why do you want it to help cryptocurrency grow? I hope that the virus will disappear from this world soon.

Correct me if I'm wrong but I think you misunderstood what OP means. To be honest it is the other way around, he is complaining about this corona virus sudden outbreak and a disaster worldwide as of now, that is why he said, it ain't helping at all, because it might end the human kind if it gets worst even more. There is a lot of issues going on about this virus, this might be a little off-topic for this thread but let me give my opinion about it.

Articles are saying that his virus is a manmade, which is so wicked right? I don't know what is their purpose of whoever made that virus but maybe they want to hide something to they created something to diverse people's attention to something else. As for cryptocurrency, we don't have to worry about it because COVID will not affect its movement.

[Valzador]

Correct me if I'm wrong but I think you misunderstood what OP means. To be honest it is the other way around, he is complaining about this corona virus sudden outbreak and a disaster worldwide as of now, that is why he said, it ain't helping at all, because it might end the human kind if it gets worst even more. There is a lot of issues going on about this virus, this might be a little off-topic for this thread but let me give my opinion about it.

For some reason I see the spread of this coronavirus as something good for the development of the price of cryptocurrencies, all investors will panic and want to keep their money safe without interference from external, bitcoin and gold will be an ideal option.

[watergold]

Coronavirus impact cuts across all the economy of the world and it not attributed to the decline in the price of bitcoin alone. If you watch television, the stock markets have also continued to witness huge losses. The price of cryptos especially bitcoin has not really dropped too bad. I read the virus is not as deadly as the ebola but the problem was where it first started, China with such a huge population and Chinese migrants around the world. Hopefully, we get the vaccines soon so everything can stay grounded.

I think this has an impact also with the corona virus because it continues to spread throughout the world, causing this economy to slow down and also weaken due to lack of movement in the market, the global market economy and stocks continue to fluctuate until now and bitcoin has now begun to increase going up I think this has no effect on the crypto market except the stock market.

[memed97]

Well well well i think it doesnt bring any impact to cryptocurrency. That virus break the local economy for sure. As soon as possible everything will be back to normal. I hope this covid-19 will dissepear immediatialy and crypto will rise.

Yes, and the corona virus not only damages the local economy, but also damages some sports activities such as soccer schedules and MotoGP schedules in Qatar, so the corona virus certainly has more influence on the real things not on digital or cryptocurrency matters.

[Vishnu.Reang]

How Coronavirus is supposed to help? The stock markets have crashed and lost anywhere between 10% and 15% depending on the country. And the trend indicates that the market may crash further in the coming days. Even gold and real estate prices are crashing. At this point, how can you say that Bitcoin is going to be immune from all this and will increase in value?

[awakpane]

In my opinion, the impact caused by the corona virus does not help for Cryptocurrency. however it has an impact on the economy of society as a whole.

[princesspoppy]

Please, I do agree that corona virus is not helping and will never be a help to anything (except it lessens the population which mah be good for some people which is not to me). It scares people and live many people dead. As for the market, it will never ever help the crypto market or any other market. Economic status of many countries are already crashing living some known establishments and tourist spots to forcely close due to the fear of virus spreading all over the world. This may
 lead to world recession if it continues.

[moonblocks]

This problem isn't affecting cryptocurrency markets as much as traditional markets and the most recent dip was likely a correction and nothing else, so there's no need to panic sell just be patient and the market will return to normal soon

[smyslov]

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

Yes that's true, this Corona Virus is something, no one here expected and it's making havoc on every country's welfare and economy, if this will not be contained it will become a pandemic, it will slow down the economy and here in Bitcoin world, people will slow down in buying because they will prefer spending on groceries and their necessities if this become widespread.

[dragon695]

This problem isn't affecting cryptocurrency markets as much as traditional markets and the most recent dip was likely a correction and nothing else, so there's no need to panic sell just be patient and the market will return to normal soon

Current market is still stable but I think coronavirus makes this market more and more bustling. In the past few days, crypto has been making a small correction, but then it all increased again, so I believe this is the best time for you to consider investing right now. However, if you do business in other areas, you will lose a lot because this year is expected to be the year of the global economic crisis.