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Author Topic: If Coronavirus never happened  (Read 2084 times)
OasisDre (OP)
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March 02, 2020, 07:09:22 AM
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What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking

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March 02, 2020, 08:38:55 AM
 #2

Nobody can guarantee us the bull market will be kicking in if Coronavirus never happened.
Remember when Bitcoin halving happened in 2016? did the bull market start that year?
No, the bull started a year later after a long period of accumulation.
So I believe the downside or the upside of the crypto market has nothing to do with it. It might affect it but not by a big margin.
Also do not forget, not all of us are using cryptocurrency.
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March 02, 2020, 09:45:11 AM
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Well somehow i wouldn't really take the event of Coronavirus into too much factor of pricing into the crypto market
Of course it does affect a little bit but with/without it
It would not really be the trigger for a bull/bears market imo
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March 02, 2020, 10:43:10 AM
 #4

What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking

At the moment, coronavirus has no impact on the cryptocurrency market. If, because of virus, some mining farms in China will be closed, then the price of BTC can feel it. Still, nothing like that happens. When panic starts on classic stock exchanges and investors start looking for other investment markets, then maybe some of the money will go to the cryptocurrency market and we will see increases, but this may happen in a few months.

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March 02, 2020, 10:53:27 AM
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It does appear that the crypto market took a bit of a hit due to coronavirus, similar to the normal stock markets. It may be coincidence, it may not. But what we definitely haven't seen is a flight-to-crypto from the normal markets... which does emphasise the fact that crypto is currently a long way from being seen as a safe haven during times of stock market turbulence.






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March 02, 2020, 11:53:04 AM
 #6

I am still confused that corona virus can make the economic situation going to bad. Because before this virus came there are a lot of plague that befalls to some countries but there was no affection to any market. But this virus has gave a bad thing for economic situation, it doesn't fall to cryptocurrency market only but the impact was befall to stock market as well. Regarless your concern, I think the market cryptocurrency will keep increase if the corona virus never comes. You can see the price movement of bitcoin was good at that time, there was not a rapidly correction but the price felt just a bit and after that the price was going up again.
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March 02, 2020, 11:55:17 AM
 #7

IMO, it seems like Corona virus does not play a big role on why the market move, nothing is unusual on the movement of BTC, there's a halving this year and it's expected that the price will rise and what we just saw is just the hype going towards the halving.

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March 02, 2020, 12:05:58 PM
 #8

Whether or not there is a corona virus, no one knows whether the crypto market will remain bullrun or bearish because it cannot be predicted correctly, right now the global economic market is being destroyed because of the corona virus effect, but I think for crypto it has no effect because it has no connection his.
I will keep thinking positively ahead of halving because that moment will return to the crypto market becoming bullrun.
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March 02, 2020, 12:13:53 PM
 #9

What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
Without the Corona Virus, I think the market will be hard to grow at this time. So we don't need to think like that, but I also wish Corona never happened because this is a dangerous virus and it has infected hundreds of thousands of people around the world.
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March 02, 2020, 12:17:42 PM
 #10

What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
The question is, do really corona virus did affect crypto market? I do rather believe that traditional markets might or might not be affected as well but not in crypto.
Downtrend or bull run there no such guaranteed factor or reason which people can point out.

If coronovirus didnt happened then i dont see anything new with this one.For forex or stocks which news do really play a big role.

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March 02, 2020, 01:50:46 PM
 #11

Though transaction of crypto/bitcoin is digital(internet), It is controlled by men not outrightly robot, some of this men are now restricted, some displaced and some locked, from their hardware. Now the trade volume of bitcoin is very low, such eventuality is the dump in price. The outbreak was sudden which must have disrupted a lot of plans and processes in crypto. Larger trade are usually OTC, which is interpersonal, so corona virus is a big factor now. Even bitcoin enthusiast on social media talk more of the disease than bitcoin, what a terrible diversion?

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March 02, 2020, 02:03:10 PM
 #12

Nobody knows and the trend might still change due to the speculative thoughts and opinions because of the halving. We seem to be bullish for this year because of that event but still, no one can have an assessment of what's exactly going to happen if Covid19 didn't happen.

But most likely, the market will be on an uptrend if it didn't happen.

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March 02, 2020, 04:25:15 PM
 #13

What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
If you are an investor you need to expect these sort of unexpected situations that would prop up every now and then especially natural disasters and global epidemic and if that happens the market would go down and you need to follow what is happening around the globe to understand how the market will react and here you want to go for a hypothetical situation on how the market would have reacted if everything was fine which does not make any sense Tongue.
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March 02, 2020, 05:33:30 PM
 #14

I'm just thinking about the price increase that will occur, it's just that we only speculate about it. however, prices can go up or down due to other things. I think, this virus also does not really contribute to raising and lowering the price of bitcoin, however, I am more of the opinion that the current price increase or decrease is due to the halving effect. Well, maybe the effect of this virus is making the price of bitcoin a little down, but I don't think it's that big.
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March 02, 2020, 06:30:07 PM
 #15

What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
Without the Corona Virus, I think the market will be hard to grow at this time. So we don't need to think like that, but I also wish Corona never happened because this is a dangerous virus and it has infected hundreds of thousands of people around the world.
That is correct mate not needed to focus at these trend because when corona virus will end we do not know that. Altcoins market will capable to bull run without corona virus. But a few big crypto recognised or adopted countries affected by corono virus that's why faced a lot obstacles to implement their projects because they can't work at these disaster happened.           

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March 02, 2020, 08:14:22 PM
 #16

Most probably if the worldwide crisis caused by corona virus didn't spread all over, it won't affect the market like this worst. As of now people were hesitant to spend money out for crypto, that's why we need to wait for the right time to when this recent problems be resolved. This has been an economic problem, since health is merely involved around the world.

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March 02, 2020, 08:31:47 PM
 #17

What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking

I'm not sure that the Corona virus outbreak is the cause of the current state of the crypto market, we saw all the market rally mid last year but it never lasted for too long as there another dip which followed before there was ever a case of Corona virus. Of course the virus does have an effect but the market situation isn't a total reflection of the outbreak.

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March 02, 2020, 10:31:03 PM
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What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
Hmm idk about cryptocurrency got affected with coronavirus or not, but almost all markets out there falling so deep because of this virus (esepcially stocks). Well but atm crypto are growing again, even though it's still very slowly
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March 03, 2020, 01:04:20 AM
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What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
Hmm idk about cryptocurrency got affected with coronavirus or not, but almost all markets out there falling so deep because of this virus (esepcially stocks). Well but atm crypto are growing again, even though it's still very slowly
however everything that happens suddenly and unpreparedness of all countries will certainly at least affect the economy, especially stocks and also clearly with crypto. but with better handling and can soothe then gradually will be able to recover again as well as crypto. but the biggest influence is the stock market. crypto seems to be quite stable at the moment, and hopefully this case will be quickly handled and quickly resolved.

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March 03, 2020, 02:44:04 AM
 #20

What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking

I'm not sure that the Corona virus outbreak is the cause of the current state of the crypto market, we saw all the market rally mid last year but it never lasted for too long as there another dip which followed before there was ever a case of Corona virus. Of course the virus does have an effect but the market situation isn't a total reflection of the outbreak.
The crypto market is not influenced by Corona but surely the global economy will be greatly affected because in the last few weeks the market has all fallen and it is difficult to predict what will happen next if this disease does not end. I just hope Corona can end soon in the near future because my business shop has dropped more than 40% of customers in just 1 month and I am having a lot of big problems here.

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