If Coronavirus never happened

[coinfinger]

One thing is guaranteed that stock market prices wouldn't fall as much as it fell right now. I am not saying crypto is directly related because it is not related at all, but stock markets are definitely directly related considering billions of dollars (even trillions) exchange between nations all the time, some give their time, some give their products and some give their money but it changes hands every single day so when that exchange stops and everyone becomes their own individual there is no way finance gets no impact at all.

However, considering crypto is global and it is digital there is no way corona could ever affect bitcoin and crypto. All of this fall on price is basically just a fear but an empty fear that shouldn't have existed in the first place.

[lienfaye]

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.

Im thinking a different scene. I think we are not in bearish trend if the virus didnt affect the stock and crypto market. The coming halving makes the investors bullish to the future of btc thus the price might increase because of investors who accumulate before the halving begin. But it changed due to this global issue that cause panic and fear to people.

[sniveling]

Because of the coronavirus the world is facing a global crisis, it is possible that many will start investing in crypto to save their budget and thus the market will start to grow, and it is possible that the crypto market will feel the crisis

[Mame89]

With this corona virus outbreak, the world should be able to use cryptocurency for transactions and reduce payments by cash. Maybe if this is done, I think it will be very efficient because it can reduce the impact of the contagious virus due to the absence of direct physical contact, we just pray that the drugs for overcome this virus soon found and hope that the world economy will improve again as well as the cryptocurrency market.

[Arkann]

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.

Yes, with this incident at least digitalization will be increasingly prioritized to be applied more equitably at trade centers, by prioritizing digital payments this is certainly a good idea to prevent from spreading a virus. We will only look forward to major changes in what will happen later, because after all bitcoin has many advantages if this transition will be carried out to make transactions safer.

It was in connection with the current situation in the world that I expected a completely different development of events on the cryptocurrency market, and not what is happening today.  I believed that digital currencies for non-cash payments would be more popular in society and the number of cryptocurrency users should increase, but recently the cryptocurrency market has fallen by an average of 30-40 percent.  Apparently the panic due to what is happening affects not only people.

[leea-1334]

We can't stop what have been our destination and must ready when some thing bad happen to us, but with  Corona virus make many investment way have been drop and investors lost much their assets, so far bitcoin get many big problem with Corona virus. Now we have wake up and try to make Corona virus die to get back investment way raise to higher price.

I disagreed above with bitcoin or crypto being the only way to prevent spread of pathogen through money and I will also disagree here that Covid19 is the reason for investments dropping and all that.

Do not forget the world was already in trouble before this virus spread. We were seeing lowering bank rates. More and more debt created. All kinds of markers like lowered or even negative GDP.

This is the real reason that markets are down now.

[davidroux]

We can't stop what have been our destination and must ready when some thing bad happen to us, but with  Corona virus make many investment way have been drop and investors lost much their assets, so far bitcoin get many big problem with Corona virus. Now we have wake up and try to make Corona virus die to get back investment way raise to higher price.

The market will continue to lose prices for a while longer and this is the only reason why the situation is getting worse. The current Bitcoin price is still very volatile and every day everyone in this market is scared. Of course, I also lost more than 40% of the profits from the previous few days and felt very depressed but could not do anything else because the market was so unpredictable.

[Chrystora123]

I think the situation will be stable (not Bull or Bear) and the price of all cryptocurrencies is like in January.  but I think there are positive things that we can feel at this time, we are more maintain cleanliness such as washing hands, and closer to family..

[Pamadar]

I think the situation will be stable (not Bull or Bear) and the price of all cryptocurrencies is like in January.  but I think there are positive things that we can feel at this time, we are more maintain cleanliness such as washing hands, and closer to family..

And for those religious countries they also learned how to be more closer to the god that they are believing with. But moving forward to this corona
issue which really hurting most pocket of small investors, most are already dumping as they are afraid of losing more of their money. For some who
still inside the game they are stuck and need to wait for longer period of time before this virus to be cured or to be contained.

[posi]

I think the situation will be stable (not Bull or Bear) and the price of all cryptocurrencies is like in January.  but I think there are positive things that we can feel at this time, we are more maintain cleanliness such as washing hands, and closer to family..

And for those religious countries they also learned how to be more closer to the god that they are believing with. But moving forward to this corona
issue which really hurting most pocket of small investors, most are already dumping as they are afraid of losing more of their money. For some who
still inside the game they are stuck and need to wait for longer period of time before this virus to be cured or to be contained.

You're somehow right about the small investors been stuck because i saw a user of this forum a couple of days back complaining he was unable to sell some portion of his holding to get some of his emergency needs due to the price of the market downtrend but i believe this case only happened to inexperienced investors which are unable to swap their investment into stablecoin before the dump.

[Wysi]

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

Initially we thought corona virus has nothing to do with crypto market but eventually it started showing its affect and I am sure we would have seen some further pump if corona virus wouldn't have happened, but yes the dump was expected before halving and it naturally occured due to corona thus saving whale's efforts to bring down the market.

[julius caesar]

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 the market price will be stable. The cause of the price drop is the said virus. It makes the people to sell their digital currencies including bitcoin that is why sudden dump happens. They need a money for them to be able to sustain their needs because they are being quarantined and the work stopped.

[OrangeII]

if the coronavirus never happened, it looks like the price of bitcoin is now above $ 12k. Yeah, but this has already happened, just imagine if this had never happened is a futile thing. so, it's better to focus on the strategy that we will use going forward than thinking about it.
so far I am still focused on collecting bitcoin, so whether or not it happens, I stick to my goal.

[onrise]

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 the market price will be stable. The cause of the price drop is the said virus. It makes the people to sell their digital currencies including bitcoin that is why sudden dump happens. They need a money for them to be able to sustain their needs because they are being quarantined and the work stopped.

The prices would have not fallen to this level and would have traded at around 9k levels or so which it was trading before the fall. Also, this is an opportunity for people who always wanted to invest or keep on investing regularly to buy during the dips time as in future it is going to rise back again, and people would make money if done the investment during the fallen markets.

[coinfinger]

By the looks of it "if corona never happened" is getting bigger and bigger results. If corona never happened we would basically be living a regular life, but right now there are many many nations with emergency and horrible situations, first one was in china and second one is in Italy and it is spreading like crazy right now with European union not having borders between each other it spread to France and Spain very quickly as well and Germany is facing some issues too and other European nations will eventually have it, but that is just starting.

If corona never happened we would basically not have any of this. How do you suspect Italian economy which was already fragile be when all of this is over. People are at their homes not working right now, no way economy can get away for free.

[Botnake]

The bear is gone for crypto now?

Bitcoin today pump pretty hard bringing back the price to over $6000, and likely we will see it trading back $7000 soon with the rate its moving.
Maybe for us investors, this corona virus gives us a time to accumulate at a cheap price and we are all profitable now even at the current price.

When bitcoin dump below at $4600, there was a panic but it seems we are at FOMO right now.

[Shasha80]

I am sure if there is corona virus never happened, maybe now the crypto price is approaching the all time high price, because the bull run
will continue until bitcoin halving. But what is happening right now is not entirely bad, because I can buy bitcoin and altcoins at cheap prices.
Right now that the price of crypto is getting better, so for those who have already bought it when the price drops.Now can take profit.

[kaneki007]

Although coronavirus doesn't occur in the world today no one knows in the future whether crypto will decrease or increase prices. It's been 2 months the market is in good condition if seen from history but every month there will be a bear market except we don't know when it will happen. Currently the market has begun to recover again.

[styca]

If coronavirus never happened, we'd all be talking about the run up to bitcoin halving, and speculating on how it would affect prices. But in reality we are checking the news for how governments are responding to the spread of the virus, and our attention has been drawn out of the crypto world into more fundamental concerns about health and family well-being.

[wozzek23]

I do not disagree with the fact that before corona we weren't doing all that well neither, you are right that world economy was crushing and basically got stuck and had to go down to start recovering again, however we also can't say it has nothing to do with corona can we? Do not get me wrong of course it was bad and of course it would have happened anyway without corona as well even if not today but a year later but eventually.

However, when you consider corona actually stopping many business', closing down many shops, stopping purchasing luxury stuff, stopping cafes and restaurants, stopping all the big companies, well eventually you see why stock market dropped as well. It is not 100% correlated maybe, however it is mainly due to corona that it happened NOW and not later.