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Author Topic: If Coronavirus never happened  (Read 2084 times)
inanilujimi
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March 06, 2020, 08:16:50 AM
 #61

basically the crypto market cannot be predicted precisely because the nature of the market is very volatile. the Corona virus does not really weaken the crypto market.
for me the current market is purely a correction to a better milestone.
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March 06, 2020, 09:34:05 AM
 #62

Cryptocurrency market isn't affected by Corona outbreak a lot. But the global economy is suffering. If the epidemic hadn't happened, the recession would have been less damaging.   
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March 06, 2020, 10:01:26 AM
 #63

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

We don't know. Maybe the crypto market will still like this because coronavirus is not related to the crypto market. But anything can happen, with or without coronavirus. The crypto market will always change from day by day, and we cannot have accurate predictions since the crypto market will not just depend on what happens in out there. Maybe there will be another thing that happens if coronavirus never happens.

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March 06, 2020, 11:17:51 AM
 #64

With or without the existence of the Corona virus there's still no assurance and guarantee of the occurrence of the bull run. We can't blame the virus alone because the bull run will happen at the right time and no one can really predict it. They say that the price of Bitcoin will increase when halving happens so let's hope for the best.
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March 06, 2020, 12:38:50 PM
 #65

Cryptocurrency market isn't affected by Corona outbreak a lot. But the global economy is suffering. If the epidemic hadn't happened, the recession would have been less damaging.   
The stock market evaporates the most and investors here are facing a lot of difficulties because the stocks they invest in do not bring any profit. However, the crypto market is different and recently the coins are showing huge growth.

I think this epidemic will not affect crypto much and hopefully in the future people will be more inclined to invest in this market.

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March 06, 2020, 02:08:52 PM
 #66

With or without the existence of the Corona virus there's still no assurance and guarantee of the occurrence of the bull run. We can't blame the virus alone because the bull run will happen at the right time and no one can really predict it. They say that the price of Bitcoin will increase when halving happens so let's hope for the best.
indeed there is no need to blame the existence of this virus. but now maybe the economies of some countries have begun to feel the impact of the spread of this virus. of course, this can be related to crypto when an investor is experiencing financial problems they could have pulled their assets to fiat and that would be bad for the crypto market. so far it hasn't been felt and hopefully, it doesn't happen.

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March 06, 2020, 03:21:24 PM
Last edit: March 06, 2020, 03:41:12 PM by plvbob0070
 #67

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
Even there's no coronavirus and other epidemic crises still the movement of the market will remain unpredictable. There are have been threads that explain the effect of Coronavirus and in fact, most of the threads give an explanation about how the price of bitcoin goes up. But in the other threads, you can see how they also explain that there's no connection between them. This virus already affects other countries and there's an article that I read and I don't totally remember it but that article explains the fiat can also be a medium to transfer the virus so I guess it can be also a trigger to have a big changes in the market simply because they will now use cryptocurrency in different transactions.

I also agree with the other members who previously reply here, which with or without the existence of that virus the bull run can't easily determine and most of the waiting event that people wait that can be the key to have a bull run is the bitcoin halving that will take off in the next couple of months.


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March 07, 2020, 10:55:33 AM
 #68

In my own opinion, it didn't made any effect hence, if it does then it should be going up, why? if these investors, business man, or other people in business sees that the stock market is crashing just like in news, they will find a way to make their money safe, and one best thing that I can see, is to put some into crypto, it maybe volatile but if you put it in safe coins like btc or even usdt then there should be no problem.
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March 07, 2020, 12:14:28 PM
 #69

With or without the existence of the Corona virus there's still no assurance and guarantee of the occurrence of the bull run. We can't blame the virus alone because the bull run will happen at the right time and no one can really predict it. They say that the price of Bitcoin will increase when halving happens so let's hope for the best.
You're right we cant predict whats in the future of crypto and every predictions about the future by the so called experts has no assurance if will really happen. The virus might have an impact to the market but its not directly affecting the prices of coins. It still depends on the demand and supply, so if there's a correction investors might taking profit and taking advantage the opportunity especially those day traders.

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March 07, 2020, 03:26:43 PM
 #70

basically the crypto market cannot be predicted precisely because the nature of the market is very volatile. the Corona virus does not really weaken the crypto market.
for me the current market is purely a correction to a better milestone.
No one can predicted the market what will gonna happen indeed. With this corona virus I don't think the market affected, even before without it price has declined. Very true other people must keep in mind that market is unpredictable and has it's volatility. They should understand how it works for them not too expect too much when price dump.
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March 07, 2020, 03:56:44 PM
 #71

In my own opinion, it didn't made any effect hence, if it does then it should be going up, why? if these investors, business man, or other people in business sees that the stock market is crashing just like in news, they will find a way to make their money safe, and one best thing that I can see, is to put some into crypto, it maybe volatile but if you put it in safe coins like btc or even usdt then there should be no problem.
People will be feeling panic and they will never try to put their money into the risk and that's a wrong argument about what was the real impact of coronavirus. People don't wanna go to the stock market caused by they can lose their money that is really needed to survive and in this case, those people are feeling gold is the best choice to make their money becomes stable. The Crypto market is almost the same as a stock market to consider it's very volatile.
I personally have already converted some of my assets into a stable asset that can't be affected by anything like gold. That's how they try to survive from this pandemic.

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March 07, 2020, 07:17:13 PM
 #72

Yes, it is! Because fiat currency is not safe anymore if corona virus will not be contained for the next coming months.

Vaccine for corona virus will not be available even next winter. Usually it takes 1.5-2 years for getting a vaccine. If by some miracle we get one before next winter start we will be very very lucky.
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March 07, 2020, 10:36:50 PM
 #73

In my own opinion, it didn't made any effect hence, if it does then it should be going up, why? if these investors, business man, or other people in business sees that the stock market is crashing just like in news, they will find a way to make their money safe, and one best thing that I can see, is to put some into crypto, it maybe volatile but if you put it in safe coins like btc or even usdt then there should be no problem.

Diverting on crypto is the last resort for every investors, because they have the mindset that crypto won't be affected by economic crisis in connection with virus epidemic. Fiat economy can't handle pressures like specially when huge part of the world's business supply has been affected with the recent problems. If we never encounter that problem, I think both crypto and fiat circulation will still grow progressively.
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March 08, 2020, 11:29:52 AM
 #74

With or without the existence of the Corona virus there's still no assurance and guarantee of the occurrence of the bull run. We can't blame the virus alone because the bull run will happen at the right time and no one can really predict it. They say that the price of Bitcoin will increase when halving happens so let's hope for the best.
You're right we cant predict whats in the future of crypto and every predictions about the future by the so called experts has no assurance if will really happen. The virus might have an impact to the market but its not directly affecting the prices of coins. It still depends on the demand and supply, so if there's a correction investors might taking profit and taking advantage the opportunity especially those day traders.
Absolutely, those are just their predictions and didn't guaranteed us that it will happen so let us depend on pur own evaluation and prediction because trusting yourself have more weight than trusting others. I think the corona virus has no direct effect on crypto or specifically bitcoin's market's trend because i think in this kind of situation people will use cryptocurrency more or more likely to put their money in crypto so that they can ensure the safetiness of their money in the middle of this crisis.



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March 08, 2020, 12:44:20 PM
 #75

Absolutely, those are just their predictions and didn't guaranteed us that it will happen so let us depend on pur own evaluation and prediction because trusting yourself have more weight than trusting others. I think the corona virus has no direct effect on crypto or specifically bitcoin's market's trend because i think in this kind of situation people will use cryptocurrency more or more likely to put their money in crypto so that they can ensure the safetiness of their money in the middle of this crisis.

i think in this outbreak, it would be great to using cryptocurrency as payment method. Since cryptocurrency is need QR scan to pay, than other payment method.  Smiley

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March 08, 2020, 01:09:13 PM
 #76

Absolutely, those are just their predictions and didn't guaranteed us that it will happen so let us depend on pur own evaluation and prediction because trusting yourself have more weight than trusting others. I think the corona virus has no direct effect on crypto or specifically bitcoin's market's trend because i think in this kind of situation people will use cryptocurrency more or more likely to put their money in crypto so that they can ensure the safetiness of their money in the middle of this crisis.

i think in this outbreak, it would be great to using cryptocurrency as payment method. Since cryptocurrency is need QR scan to pay, than other payment method.  Smiley

Stay Safe Everyone

I agree, and i think that this outbreak is just a hype and we can still take advantage of this crisis since market will surely plummet and wait until it goes well again.

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March 08, 2020, 01:15:08 PM
 #77

In my own opinion, it didn't made any effect hence, if it does then it should be going up, why? if these investors, business man, or other people in business sees that the stock market is crashing just like in news, they will find a way to make their money safe, and one best thing that I can see, is to put some into crypto, it maybe volatile but if you put it in safe coins like btc or even usdt then there should be no problem.
People will be feeling panic and they will never try to put their money into the risk and that's a wrong argument about what was the real impact of coronavirus. People don't wanna go to the stock market caused by they can lose their money that is really needed to survive and in this case, those people are feeling gold is the best choice to make their money becomes stable. The Crypto market is almost the same as a stock market to consider it's very volatile.
I personally have already converted some of my assets into a stable asset that can't be affected by anything like gold. That's how they try to survive from this pandemic.
People minds are now very panicked because nearly 100 countries have been affected by the disease and the economies of most of them have been badly damaged. In fact, the stock market and gold have been continuously volatile for more than two months. Also, the crypto market is probably the safest place for people to invest because most of the coins I know are going up very high during this time.

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March 08, 2020, 01:22:11 PM
 #78

I agree, and i think that this outbreak is just a hype and we can still take advantage of this crisis since market will surely plummet and wait until it goes well again.

Slow but sure i watch the news that there's some people cure from this viruses. if all people cure, bitcoin bull will hit the market after halving too  Grin Grin Grin

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March 08, 2020, 01:28:03 PM
 #79

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 fully disagree that coronavirus really affect the market, some are saying that the virus is the reason why the market become bullish and others are saying that the outbreak is the reason why the market goes down. Stock market is very different to crypto market, upon the outbreak it is normal that stock market will be affected but there is no reason for crypto market to drag down also.

What I can conclude is that we are in the bullish season even if there is no outbreak, the bear season is already too long and the market needs to shift in order for the big whales to profit.

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March 08, 2020, 02:50:42 PM
 #80

If corona virus was the reason for the downfall then BTC value would have gone down to 6 or 7k, also the price is still moving up and down and the altcoins too would have affected very badly.

We can't blame corona for this downfall, BTCs rally will again start to continue in couple of days as halving appearance is on the track I believe the price will pump again.

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