If Coronavirus never happened

[TheGreatPython]

Honestly, until it moved out of China I was seeing it as unimportant as any other person here but since it moved to other nations as well and now the west is in danger of getting it, I can tell you that it might be really dangerous now for the financial world. I am not saying it is definitely a threat to economy of the world but I guess it is not a nothing neither now.

However, if the study is right (which usually turns out wrong but anyway) it is said that the virus can't defend itself against heat so the scientists are hoping that by this summer there will be no one with the virus. One of the reasons why there was close to none in southern hemisphere as well because their winter is actually summer and hot so I assume they are actually not getting affected since the virus dies at high heat.

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[quarkfx]

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

what if this didn't happen , all will think like this only but whats happening will be happening no one cant stop it all we can do is watch the scenario and adjust according to it thinking about past will never help in anything search for present opportunity 

[Bezobraznike]

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

   It would be the same. Crypto-market volatility will never end, it's my opinion. If coronavirus never took place some other virus would
happen, and crypto-market would have fluctuations with or without viruses.
   But like others I also wonder what is causing this drop. After good news from South Korea, India and France I thought we will see the
price rising, but it's dropping, very strange.

[Baoo]

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

Well, let me explain an important fact, the social media is the one who gives a big value to this CoronaVirus, they are unfortunately spreading the panic in the entire world, so the media does have a negative affect on all the fields. In additon to that, we can't expect what is going to happen  if this virus does not exist, possibly China will stay attacking Bitcoin and possibly not. It is impossible in my opinion to give an  accurate prediction.

[hulla]

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

Firstly of all, coronavirus spread is something that was spread phypsical and crypto currency is a virtual money. Therefore coronavirus dont totally affect the price of crypto and if the virus never happen, the price of the bitcoin will be flourish than the current market but bullrun market shouldn't be expected.

[Sanitough]

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

Firstly of all, coronavirus spread is something that was spread phypsical and crypto currency is a virtual money. Therefore coronavirus dont totally affect the price of crypto and if the virus never happen, the price of the bitcoin will be flourish than the current market but bullrun market shouldn't be expected.

There is not direct effect if we look at the way its use because obviously crypto is online and paper money could be the source of virus too since its pass from person to person, however, we need to look at the bigger picture, its the economy that is affected so much as businesses are not making enough money due to the fact that people are afraid of going out, they stay and home, they don't spend, so less income.

[yohananaomi]

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.

as long as the corona virus outbreak continues to spread to many countries, it is certain that it will affect all sectors of the world economy. no one can really be sure of the best investment, because all the focus is so that this transmission does not become a plague that continues to pervade many countries. maybe people can say that crypto investment is very good, and maybe gold.
but all does not guarantee because the corona virus makes many people of the world actually hoard daily necessities and self-protection equipment.

so investments will be placed where they are also difficult to determine in a situation like this. crypto is also good and gold is no less good, if you see a situation like this.

[hulla]

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

Firstly of all, coronavirus spread is something that was spread phypsical and crypto currency is a virtual money. Therefore coronavirus dont totally affect the price of crypto and if the virus never happen, the price of the bitcoin will be flourish than the current market but bullrun market shouldn't be expected.

There is not direct effect if we look at the way its use because obviously crypto is online and paper money could be the source of virus too since its pass from person to person, however, we need to look at the bigger picture, its the economy that is affected so much as businesses are not making enough money due to the fact that people are afraid of going out, they stay and home, they don't spend, so less income.

You make a good point about the coronavirus affecting the world economy but i dont kbow why the case of the virus took longer than expected because this was the first time the case of the virus raise. In the meantime, some crypto related business are also affected.

[TheAndy500]

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

Firstly of all, coronavirus spread is something that was spread phypsical and crypto currency is a virtual money. Therefore coronavirus dont totally affect the price of crypto and if the virus never happen, the price of the bitcoin will be flourish than the current market but bullrun market shouldn't be expected.

There is not direct effect if we look at the way its use because obviously crypto is online and paper money could be the source of virus too since its pass from person to person, however, we need to look at the bigger picture, its the economy that is affected so much as businesses are not making enough money due to the fact that people are afraid of going out, they stay and home, they don't spend, so less income.

You make a good point about the coronavirus affecting the world economy but i dont kbow why the case of the virus took longer than expected because this was the first time the case of the virus raise. In the meantime, some crypto related business are also affected.

The answer is always clear. No one will answer at the moment that it's over. Society is scared and everyone is trying to explain the situation to you.  The price of Bitcoin will change as well as the mood of society. In a week it can go up, and it can go down. Everyone would like it to go up, but this is not possible right away.

[adaseb]

Pretty sure there is no direct proof whether BTC is still correlated with the stock markets which are correlated with Coronavirus outbreak. We had a huge rally from $6.4K all the way to $10.5K and by the amount of bull posts in this forum I am not surprised there would be a pullback of some sort. People were predicting new ATH since the halving is near and the funding rates on derivative exchanges and futures were getting out of hand.

People were getting too greedy just like the rally to $13.8K last June 2019 and people weren't taking profits when they should have so the markets turned. Also another speculation is that the rally was led mostly on leverage trading. So basically high leverage amount of longs made the price hit $10.5K but when any serious pullback came there wasn't enough bids to keep the price up hence it led to massive long liquidations. This is why we had these $1000 day declines in the past due to the over >$100M in longs getting liquidated.

[tabithacrab]

Western countries are different from Eastern countries. In EURO and America, diseases are diseases and economies are economies. They always make it neutral in balancing between two, no priority for any which. So that Corona Fly might affect not very much to the economies of Westerns, and crypto might not change so much.

[rodskee]

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

Firstly of all, coronavirus spread is something that was spread phypsical and crypto currency is a virtual money. Therefore coronavirus dont totally affect the price of crypto and if the virus never happen, the price of the bitcoin will be flourish than the current market but bullrun market shouldn't be expected.

Supposedly Corona Virus issue must help the Crypto market more valuable and usable because in this there is no physical contact
 so using Bitcoin for Payment option must be in effect.
like what Iran is planning now
 to not use of their banknotes and will advice Iranian to use online payments like crypto or other form of virtual money.
so i believe that we will see the Good outcome of this Virus infection sooner and not just overnight.

[leea-1334]

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. 

Stay Safe Everyone

QR is one way of paying but you actually even can just copy paste or even manually write down an address if necessary. Bitcoin is a bit more special than that, but I have seen other digital methods (like just apps) where even you can shake your phone to accept an incoming payment.

Anything digital is better these days.

[Arkann]

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. 

Stay Safe Everyone

QR is one way of paying but you actually even can just copy paste or even manually write down an address if necessary. Bitcoin is a bit more special than that, but I have seen other digital methods (like just apps) where even you can shake your phone to accept an incoming payment.

Anything digital is better these days.

In any case, cashless payments today are much better than any paper money.  To protect yourself from any virus and bacteria of the disease, it is best to use cryptocurrency or bank cards, because paper money can carry any kind of bacteria from person to person.

[BChydro]

Supposedly Corona Virus issue must help the Crypto market more valuable and usable because in this there is no physical contact
 so using Bitcoin for Payment option must be in effect.

The value of bitcoin is not going to rise when the global economic markets are struggling and that is what we are seeing in the market as all the markets are bleeding but sure bitcoin and the major alts can be used as a mode of payment which is safe and secure in the event of a epidemic like this but i am not seeing much changes from the merchants either, so realistically i am not seeing much change now but we might see the changes in the future where the merchants starts accepting virtual currencies.

[carlisle1]

                                   ~snip~

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.

actually its better to say "Our Mindset" as crypto holders mate,we believe that in this market we have more confidence about the assurance of not Dumping when the economy falls not like what Fiats have when it happens.

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.

also same beliefs mate that Both Fiat and Crypto will survive and make progress in future ,and i think there is no competition at all because both will help people now and in future.

[Lecam]

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 think it's the same is still in down thread because we all know that bitcoin is still in recovery situation so we can not expect bullrun this month maybe this year bullrun happen but we can not know when the exact date so be patience and wait.

[el kaka22]

Unfortunately, we are thinking about crypto as something that will make us a lot of profit when we are trading it, yet when it comes to corona we are talking about how we could use crypto for actually payment. We should have considered about crypto payments globally thanks to some apps that could do that but we have failed to do that and instead focused on how we could make a profit with crypto and that resulted with us being very behind the schedule when it comes to contactless payments.

However, let's not forget that even a handshake is actually risky and even breathing could be dangerous as well so all in all trying to not pay with cash is not really all that enough, we would need a lot more if we are afraid of corona virus and how we could get infected with it.

[DU18]

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

In recent days there has been a significant decline in the price of bitcoin and almost reached 20.45% from the initial price of $7600 to around $6100, and it seems that investors fear of the corona virus not only has impact on conventional finance but has also begun to affect the world of cryptocurrency trading today, so from this impact, many investors suffered losses. Fear that occurs makes investors seem to prefer to save their money or invest in other forms of investment such as gold, property, and land.

[Sanitough]

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

In recent days there has been a significant decline in the price of bitcoin and almost reached 20.45% from the initial price of $7600 to around $6100, and it seems that investors fear of the corona virus not only has impact on conventional finance but has also begun to affect the world of cryptocurrency trading today, so from this impact, many investors suffered losses. Fear that occurs makes investors seem to prefer to save their money or invest in other forms of investment such as gold, property, and land.

In fact the price drop below $5,000, even worst, right?

If there is no coronovirus panic, bitcoin will not dump like this, but people see it differently, some also see this as an opportunity for them to accumulate.
When bitcoin was below $4000 last year I guess, people does panic but then bitcoin bounce back and rise significantly, surely the same thing will happen here.