If Coronavirus never happened

[shoreno]

 hey first off i dont think corona have a relation to the crypto price but to other stocks maybe  because china is strongly restricted now  .  the price of the cryptos is already working like this ever since before when no corona virus or other deadly virus .  they are already working up and down  .  the corona virus trend is only hyped too much were people get panic and people link it to almost anything   .  the better question here is what will be the price of cryptos now if there is no incoming btc halving because that may seem to be more related  to other cryptos  .

[Ridwan Fauzi]

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 movement price of cryptocurrency will be depend on the sentiment market, I mean we have to see the sentiment market before when the corona virus came.

Before the corona virus came the sentiment market of cryptocurrencies are really good, as you may know at the early of this year most of cryptocurrencies prices were increasing which is mean I will be guessed that if the corona virus never come the price will keep on the track or it will keep bull run.

Bitcoin price maybe will be reach $12000, because at that time bitcoin price has reached $10.000 even close to $11.000 barrier. But, don't be panic, this situation will take a short and the sentiment market still in a good sentiment other than that we have a news that Indian's government has allowed again to traded cryptocurrency.

[Pamadar]

Corona virus hurting so much the economy and the current situation of crypto and if this virus will continue for more months for sure all economic side of whole wide  get affected and might we will get affected if certain things doesn't brought up by the fate.

Many investors and traders are afraid since this virus is really killing people that are infected, they choose to hold their money and forget about dealing with the market. With this actions the activities are hurting the industry, without invested money around this economy will keep falling, Corona issue is getting higher attention and it's impacting the entire business sector.

[shinratensei_]

In my opinion if the coronavirus never happened I think the market will still the same situation right now because only few people affected of the virus so the market is not affected but if more more people getting affected of the virus I guess the market will down.

There will be no differences but just try to remind you if crypto could get a small bullish trend as when corona virus doesn't exist and the produce of gold will not reach the all-time low. These days people are worried about the existence of this virus as in my country and this virus disrupted the economy and makes so many stock markets are losing a lot of demand.
Those investors are converting their money into a stable asset like gold or hodl the fiat. Even the economy of big country like china can go down wasily caused by this virus.
It seems like that this trend will still continue.

[Sterbens]

I think the presence of this corona virus will not affect the crypto market, the proof is that the cryptocurrency market is currently up by a few percent and almost all of its altcoins are following this increase, meaning that the bullish is coming again by itself.
The corona virus will only affect the global economy because it is related to the government, so a drop in the market has become a natural thing as a result of this outbreak.

[Rosilito]

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 certainly believe that Corona Virus has nothing to do with crypto market. Well, behind crypto market movement there are a wide-range of events that can be considered, well, may be this recent virus is just a small factor contributing to wide-range of circumstances that we don't know. Thus, this down trend is neither this virus's fault. And take note, this virus exists before down trend comes though but the market even spike up a little with the virus currently existing. Anyway, if corona virus didn't exist, one thing is for sure here, there will be no fear about this virus spreading, there will be no fear everywhere.

[carlisle1]

The thought really didn't enter my mind. Corona virus didnt affect crypto market movements on my point of view. Here in the Philippines, we are not that much affected. The other countries, yes. I think the news of war affects crypto market more than the virus outbreak.

Philippines is just a small part of crypto market mate so don't expect that because the country is not affected means there are no effect in the worldwide market because it is not appropriate.

at first i tried not to believe in this effect but now?seeing the infection growing bad?and the prices of market is dropping ?i think yeah there are connection.

[cassavachips]

Coronavirus has no effect on the cryptocurrency market, this is not an event that has an effect on digital money. But this disaster had a huge economic effect on the country affected by this virus and it was natural because they stopped all major activities and events to prevent the virus from spreading. But, until now no cryptocurrency has been affected by this incident

[styca]

The fact that Coronavirus caused the crypto markets to drop does provide more evidence that crypto isn't a safe haven. Perhaps it will become one in time, but at the moment crypto is as much at the mercy of real world situations as normal markets are.

[herurist]

Coronavirus has no effect on the cryptocurrency market, this is not an event that has an effect on digital money. But this disaster had a huge economic effect on the country affected by this virus and it was natural because they stopped all major activities and events to prevent the virus from spreading. But, until now no cryptocurrency has been affected by this incident

When incidents like this and viruses continue to spread everywhere it is true that there is no effect on the cryptocurrus market, the proof is that the market is growing again.
Corona indeed has a big impact on the government economy because it has to be responsible for all or affected by this so this has nothing to do with the cryptocurrency market.

In the future too bitcoin can reach $ 10,000.

[cryptoangel]

The coronavirus was created by human only so it was affected by human. I saw the survey hundred years before also same kind of virus was affect the number of peoples. But China was already avoid the crypto transaction so few peoples only stay in a crypto platform. I think it was never affect the market growth because again the market will start to hype so we can concentrate the positive view.

[nelson4lov]

The fact that Coronavirus caused the crypto markets to drop does provide more evidence that crypto isn't a safe haven. Perhaps it will become one in time, but at the moment crypto is as much at the mercy of real world situations as normal markets are.

For the records, Crypto has acted as a safe haven for quite a while now. Despite the fact that the Coronavirus news caused a dive across all markets include crypto only shows just how much serious Coronavirus threat is. However, Its safe to say that in the near future, the crypto market would be completely independent of the negative happenings that occur globally. So I wasn't surprised with the downtrend events.

To be clear, if Coronavirus worsens, Crypto can provide a solid way of transferring funds across countries.

[Kasabus]

Coronavirus has no effect on the cryptocurrency market, this is not an event that has an effect on digital money. But this disaster had a huge economic effect on the country affected by this virus and it was natural because they stopped all major activities and events to prevent the virus from spreading. But, until now no cryptocurrency has been affected by this incident

When incidents like this and viruses continue to spread everywhere it is true that there is no effect on the cryptocurrus market, the proof is that the market is growing again.
Corona indeed has a big impact on the government economy because it has to be responsible for all or affected by this so this has nothing to do with the cryptocurrency market.

In the future too bitcoin can reach $ 10,000.

Corona virus will not create great impact on cryptocurrency market but it can totally reduced the production of an economy just like what happened to China. But apparently, with or without corona virus, the crypto market will still continue to progress once bull run is near to happen.

[tippytoes]

The fact that Coronavirus caused the crypto markets to drop does provide more evidence that crypto isn't a safe haven. Perhaps it will become one in time, but at the moment crypto is as much at the mercy of real world situations as normal markets are.

For the records, Crypto has acted as a safe haven for quite a while now. Despite the fact that the Coronavirus news caused a dive across all markets include crypto only shows just how much serious Coronavirus threat is. However, Its safe to say that in the near future, the crypto market would be completely independent of the negative happenings that occur globally. So I wasn't surprised with the downtrend events.

To be clear, if Coronavirus worsens, Crypto can provide a solid way of transferring funds across countries.

Yes, it is! Because fiat currency is not safe anymore if corona virus will not be contained for the next coming months. So people will opt for another option like use of crypto in payment. Since the virus can live like over a week in inanimated objects based on this article. So using paper money in area with known corona virus cases would not be a good idea. The transfer is very fast so using crypto in this case has the advantage.

https://www.sciencealert.com/study-shows-just-how-long-coronaviruses-can-stick-around-on-a-surface

[tippytoes]

The fact that Coronavirus caused the crypto markets to drop does provide more evidence that crypto isn't a safe haven. Perhaps it will become one in time, but at the moment crypto is as much at the mercy of real world situations as normal markets are.

For the records, Crypto has acted as a safe haven for quite a while now. Despite the fact that the Coronavirus news caused a dive across all markets include crypto only shows just how much serious Coronavirus threat is. However, Its safe to say that in the near future, the crypto market would be completely independent of the negative happenings that occur globally. So I wasn't surprised with the downtrend events.

To be clear, if Coronavirus worsens, Crypto can provide a solid way of transferring funds across countries.

Yes, it is! Because fiat currency is not safe anymore if corona virus will not be contained for the next coming months. So people will opt for another option like use of crypto in payment. Since the virus can live like over a week in inanimated objects based on this article. So using paper money in area with known corona virus cases would not be a good idea. The transfer is very fast so using crypto in this case has the advantage.

https://www.sciencealert.com/study-shows-just-how-long-coronaviruses-can-stick-around-on-a-surface

[imstillthebest]

Coronavirus has no effect on the cryptocurrency market, this is not an event that has an effect on digital money. But this disaster had a huge economic effect on the country affected by this virus and it was natural because they stopped all major activities and events to prevent the virus from spreading. But, until now no cryptocurrency has been affected by this incident

When incidents like this and viruses continue to spread everywhere it is true that there is no effect on the cryptocurrus market, the proof is that the market is growing again.
Corona indeed has a big impact on the government economy because it has to be responsible for all or affected by this so this has nothing to do with the cryptocurrency market.

In the future too bitcoin can reach $ 10,000.

Corona virus will not create great impact on cryptocurrency market but it can totally reduced the production of an economy just like what happened to China. But apparently, with or without corona virus, the crypto market will still continue to progress once bull run is near to happen.

so what basically happens when production is reduced  ? people will have less money and less money means they cant buy more crypto and worst they will sell thier crypto investment just to have a pocket money because of the hard times that they currently experiencing right now  . if corona virus never happened well the price could have been so much healthy right now because look at it right now , even if there is a corona we can see the price is fighting to move upwards   . struggle is really real to btc  but other coins seem to be fine 

[Oceat]

I don't think the world epidemic happening today will have something to do with the market—it's just that I think this happen all the time and it's not yet the right time for the bullish market. No matter how I think about it even if there's a virus or not the market will always be like this. Nothing is permanent because it is so volatile due to the fact that it is an open market.

[Synaesthesia]

I don't think the world epidemic happening today will have something to do with the market—it's just that I think this happen all the time and it's not yet the right time for the bullish market. No matter how I think about it even if there's a virus or not the market will always be like this. Nothing is permanent because it is so volatile due to the fact that it is an open market.

It is true that the crypto market in the last few years is very easy to manipulate and coronavirus will certainly impact a lot on this market. I think since the outbreak of this disease, everyone has been affected and the stock market suffered the most losses during this period. I hope everything will stabilize again and people will consider investing again because the crypto market is still a very interesting place for you to invest.

[Searing]

If the coronavirus never happened, we'd still eventually have a 20% (which is a regular recession) and in my view, we would have anyway had a good shot at a 40% recession.

The 40% recession, view I had before the coronavirus, was the massive tax cuts with little economic result in the USA with the current Trump administration and the Republican

Senate that has 500 or more bills from the US House, that they refuse to vote on. To me, this is unprecedented, sure in the past, if your party controlled the Senate you would ALWAYS just

just vote them all down and zippo...none passes. But hey, in this day of daily fast news and internet, if you DON'T VOTE AT ALL, you have no record of note to get beat up and

run against in the next election. You are as pure as the driven snow, except for the small detail of refusing to pass any legislation at all, even ones your own members want to be passed

that makes sense in a bi-partisan way, but Republican Senate Leadership and the Executive Branch are just 'dandy' using gridlock as a political means to extort stuff in this democracy.

Add to the crisis of children being taken away from parents at the border, Environmental, massive tax cuts to the rich and corporations...I mean what could NOT go wrong!

This is all due to the current Trump Administration...where all government is evil and all crony capitalism is good! I indeed expected a 20% drop (recession) as a done deal and a 40%

recession as 'likely' well before the Coronavirus!

Now we have the Coronavirus Pandemic.

So much for BTC/Crypto as a store of value (so far) in a pandemic. Everything went down  BTC/Crypto/Gold/Bonds/Stocks! Blam!

Even stuff that was not supposed to go down. like a rock, when the stock market dumps, like US bonds (tough to keep them up with no confidence in US fiscal policy anymore with Trump

antics of Tariff, etc) and of course Bitcoin.

In bitcoin/crypto's case I HOPE

it is a store of value and the dump with the stock market was due to NO ONE having real emergency funds for this kinda thing (especially in 3rd world nations) ..so what? you cash

out the gold under your hut? too soon? you get as many USD dollars as you can? What can I dump 'quickly' to fill emergency fund ..well BTC/crypto right away!

I assume as this Coronavirus Pandemic drags on this will change and gold/BTC/crypto/bonds will recover vs stock market..but we will see.

So to conclude...NOW...after this Pandemic has hit! I think we are royally f*cked...due to all the above BEFORE the coronavirus....I think NOW we are very likely

to have a 40% correction if this goes on for a year at frigging best!

As experts on commerce combined with disease experts on how this disease spread..seem to be agreeing on ..this may take a year or so to all calm down.

So a for sure now IMHO a good 40% correction (hopefully brief with a vaccine, and bounces back within a few months to regular recession)

But if th spread and the disorganization here in the USA and the world continues at this current and past level..it could well (hopefully briefly) bounce into DEPRESSION  territory

...ie 50% dump in worldwide production due to all my above fears combined with the Coronavirus Pandemic and Vacinee not controlled and addressed very quickly.

as a correction. Sh*t on a stick we would be 'beyond' screwed.

I hope I'm wrong but was not a big fan of the direction things were taking in the USA and worldwide leadership and corporate greed before the Coronavirus Pandemic. This

A pandemic that may have just tossed a lot of gasoline on an already out of control fire of the economic/social/health variety. Sh*t just got way, way worse, IMHO.

end of rant

brad

[jossiel]

I don't think the world epidemic happening today will have something to do with the market—it's just that I think this happen all the time and it's not yet the right time for the bullish market. No matter how I think about it even if there's a virus or not the market will always be like this. Nothing is permanent because it is so volatile due to the fact that it is an open market.

We see that there's no interconnection to bitcoin and the world happenings. But sometimes it's making me think that isn't that just a coincidence if we're seeing the same movement if the entire economy is facing a downtrend then crypto is also going the same way.

We don't know when this pandemic will ever be stopped but we're all hopeful that this must end asap.

Yes, nothing is permanent so this virus will be stopped in no time.