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Author Topic: If Coronavirus never happened  (Read 2088 times)
jarhed
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March 21, 2020, 05:26:33 PM
 #121

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.
It's not known what would have happened if there hadn't been a coronavirus, but most importantly, the virus is now having a very bad effect on crypto and it's causing a market crisis.
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March 22, 2020, 01:25:12 PM
 #122

I guess the market will be bullish if corona virus never happened. The price of bitcoin will increase because of the upcoming bitcoin halving and for sure the altcoins will increasing also then the market will starts bullish.
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March 22, 2020, 01:55:34 PM
 #123

If corona never happened obviously the prices wouldn't have gone so down, also we might have seen a history repeating who knows because the market was going on a super hot way. However we can't justify that exactly as nature has some different thoughts.

Let's fight together to stop this deadliest disease and pray for those who have affected from this...

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March 22, 2020, 04:31:26 PM
 #124

Definitely we can see the increasing prices of cryptos especially bitcoin if coronavirus never happened. It is really affecting in the market with this situation, hope this virus is no more infecting people.

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March 22, 2020, 09:22:50 PM
 #125

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.

If we believe that bitcoin is a protective asset, then the crisis that happened (regardless of the reasons) should have a positive effect on its price. But at the moment, nothing like this has happened - bitcoin showed a large correlation with the stock market during the fall. Maybe in the next phases of the crisis this behavior will change? Will see.

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March 22, 2020, 11:26:19 PM
 #126

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.

If we believe that bitcoin is a protective asset, then the crisis that happened (regardless of the reasons) should have a positive effect on its price. But at the moment, nothing like this has happened - bitcoin showed a large correlation with the stock market during the fall. Maybe in the next phases of the crisis this behavior will change? Will see.

This thing happens since people are economically afraid on what will be the future comes since the stock market itself fall down and the crisis is a big threat plus you add the panic buying everywhere for sure all those what we called protective asset will collapsed since people will also get panic to cashout their crypto to fiat for security.

R


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March 23, 2020, 12:51:18 AM
 #127

Prices were normal before Coronavirus came like it is today, but apart from the Coronavirus factor, the state of the world economy was in shambles, many countries were isolated, and it was certain that this would affect all prices in the world today, including the price of crypto money as well.
 

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March 23, 2020, 03:08:27 AM
 #128

Prices were normal before Coronavirus came like it is today, but apart from the Coronavirus factor, the state of the world economy was in shambles, many countries were isolated, and it was certain that this would affect all prices in the world today, including the price of crypto money as well.
 


What we are witnessing now is what is happening in the world, a global crisis could create a global fall down of our economy.
True, if Corona virus did not happen, the market should be good now, in fact I was thinking that 2020 is a bullish year for bitcoin but the halving hype is gone due to this bigger news we are facing now, but hopefully the market would still recover although it will take time though.

Keep the patience, if you still have funds for this emergency, never sold a single bitcoin as this will definitely bounce back again.
Like it always does.

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March 23, 2020, 07:22:03 PM
 #129

If we believe that bitcoin is a protective asset, then the crisis that happened (regardless of the reasons) should have a positive effect on its price. But at the moment, nothing like this has happened - bitcoin showed a large correlation with the stock market during the fall. Maybe in the next phases of the crisis this behavior will change? Will see.

This thing happens since people are economically afraid on what will be the future comes since the stock market itself fall down and the crisis is a big threat plus you add the panic buying everywhere for sure all those what we called protective asset will collapsed since people will also get panic to cashout their crypto to fiat for security.

But many people expected bitcoin to be a refuge during the crisis. And it was supposed just the opposite movement - from fiat to bitcoin. Even with the fact that governments have already announced plans to print trillions, everything happens in the opposite direction. Why? It is unlikely that this is a global manipulation - rather, people continue to consider dollar and gold as protective assets.

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March 23, 2020, 10:14:55 PM
 #130

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.

If we believe that bitcoin is a protective asset, then the crisis that happened (regardless of the reasons) should have a positive effect on its price. But at the moment, nothing like this has happened - bitcoin showed a large correlation with the stock market during the fall. Maybe in the next phases of the crisis this behavior will change? Will see.

This thing happens since people are economically afraid on what will be the future comes since the stock market itself fall down and the crisis is a big threat plus you add the panic buying everywhere for sure all those what we called protective asset will collapsed since people will also get panic to cashout their crypto to fiat for security.
Everything would be on domino effect when people able to see that traditional assets and related things are already being affected and its just normal
for human being to do things when they are panic knowing that main priority would be food and other needs which would mainly needed up some funds or in short money.
When they do know that they have some investments are in hold then higher chances that it would be cash out for sure yet the main priority would be survival and it doesnt
matter if they do sell in loss or not.
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March 24, 2020, 06:52:25 AM
 #131

We are talking about close to a trillion dollars globally lost because of this. Maybe not right now, maybe right away, but we are talking about trillions in affect when this is over. Do you know what a trillion dollar is? Do you know what TRILLIONS is? Let me put it this way 2.4 trillion dollars equals to 6 months of 1000 dollar payments to all Americans, yes ALL Americans from the baby that is born today to 100+ year old dude.

So, as you can see if corona never happened we would have a better economy, we actually destroyed years of improvement on economy in a single month because of corona. I don't know what will happen after this and how deep it will get but I am 100% sure that it already destroyed many many things already. Don't know what we can do about it though.
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March 24, 2020, 07:06:59 AM
 #132

We are talking about close to a trillion dollars globally lost because of this. Maybe not right now, maybe right away, but we are talking about trillions in affect when this is over. Do you know what a trillion dollar is? Do you know what TRILLIONS is? Let me put it this way 2.4 trillion dollars equals to 6 months of 1000 dollar payments to all Americans, yes ALL Americans from the baby that is born today to 100+ year old dude.

So, as you can see if corona never happened we would have a better economy, we actually destroyed years of improvement on economy in a single month because of corona. I don't know what will happen after this and how deep it will get but I am 100% sure that it already destroyed many many things already. Don't know what we can do about it though.

A trillion dollars lost, but then guess what, a bailout package worth 2 trillion is being prepared by the US a lone. So we are creating more money  than we lost from what I am reading and this is all going to go very bad. And yes, that all would have happened even without coronavirus. My friend you have been not reading the news since 2019 if you did not see this coming.

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FanEagle
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March 26, 2020, 09:27:32 AM
 #133

Do you guys really think that the companies who are managing trillion dollars really cared about their bitcoin situation? I mean surely they must have some sort of "crypto analyst" type of position where someone in the company takes care of billions of dollars in crypto (with a team I suppose and not alone) and they must have been in panic when this all happened and they must have end up selling a lot too.

However, I am not sure if that is how it happened, they are huge companies and they have very smart traders working for them as well, which means maybe they were smart enough to keep some of the coins they had and not sell all of them, maybe even buy more when it went down? That way they could have dropped the average and sell for a lot bigger profit later on.

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Natalim
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March 26, 2020, 11:55:20 AM
 #134

Do you guys really think that the companies who are managing trillion dollars really cared about their bitcoin situation? I mean surely they must have some sort of "crypto analyst" type of position where someone in the company takes care of billions of dollars in crypto (with a team I suppose and not alone) and they must have been in panic when this all happened and they must have end up selling a lot too.

However, I am not sure if that is how it happened, they are huge companies and they have very smart traders working for them as well, which means maybe they were smart enough to keep some of the coins they had and not sell all of them, maybe even buy more when it went down? That way they could have dropped the average and sell for a lot bigger profit later on.

They'll hold bitcoin because there is no better option for now, stocks are affected by the global crisis, business are close so they can't operate but the crypto market is still here, operating like normal and bitcoin has been very strong in the past few days, this is very positive and I like to see the increase of money entering in crypto.

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March 26, 2020, 02:11:09 PM
 #135


They'll hold bitcoin because there is no better option for now, stocks are affected by the global crisis, business are close so they can't operate but the crypto market is still here, operating like normal and bitcoin has been very strong in the past few days, this is very positive and I like to see the increase of money entering in crypto.

I would like to know where you are seeing an increasing flow of money into the crypto  Smiley
As far as I know, after the march collapse, all statistical indicators indicate a decrease in interest and volumes.
And if we are discussing all the options, what about gold? I heard that the physical delivery of gold were sold out for a long time forward in the last weeks.

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tbterryboy
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March 26, 2020, 05:56:57 PM
 #136

Are we really sure it would have been same? I mean sure corona affected a lot but I think economy was going bad anyway, maybe not this bad, maybe not this fast, but it was going bad all the same.

Eventually we would have reached this point, however that only affects the other stuff, crypto would have been better for sure because all others would have fallen slow by slow and people would see it as a bad thing for them and moved to crypto however now everyone sold everything so it turned out a lot worse for us because it was sudden so there is some affects for sure I am not going to deny that but we can't say that all of it was tied to corona. On top of that if corona never happened, we would had a lot of companies staying same, now we have tons of sectors all closing down as well.
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March 26, 2020, 06:02:37 PM
 #137

If Coronavirus never happened then maybe we could be in the mid of bull run! Bitcoin price went to 10K USD, that was the beginning of the bull run, there was a good hype for the Bitcoin halving and now everything is gone! If this virus never occurred we might see Bitcoin at 12k USD, ETH at 320$ and BCH at 480-500$!

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bittraffic
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March 26, 2020, 06:10:57 PM
 #138

If Coronavirus never happened then maybe we could be in the mid of bull run! Bitcoin price went to 10K USD, that was the beginning of the bull run, there was a good hype for the Bitcoin halving and now everything is gone! If this virus never occurred we might see Bitcoin at 12k USD, ETH at 320$ and BCH at 480-500$!

Not still. The market would still keep dumping and pumping because most of the institutional traders are trying to accumulate coins and this corona virus had helped them the most in collecting more of the BTC for us to still keep looking up to them in the future. Its a cruel dog eat dog world and our coins are eaten by these big dogs. $10k is probably even just the bulltrap of them.


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March 26, 2020, 06:13:38 PM
 #139

Prices were normal before Coronavirus came like it is today, but apart from the Coronavirus factor, the state of the world economy was in shambles, many countries were isolated, and it was certain that this would affect all prices in the world today, including the price of crypto money as well.
Since the outbreak of the corona virus, of course all aspects of life have been affected both socially and economically, slowly but surely many people in various countries are now beginning to experience difficulties in carrying out their activities, so that economic hardship is a risk that must be faced, even since many countries have applied various price isolation bounced but not accompanied by adequate finance.
But many blockchain companies who choose to allow their workers to work remotely or from home, so, that cryptocurrency trading is not too affected by the spread of the corona virus because we can trade by just sitting at home, but still today the crypto market continues to deteriorate and whatever the cause?

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March 26, 2020, 10:03:01 PM
 #140

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 if it does not happen the way we now see it, cryptocurrency is still unpredictable. We might be seeing bull run and it might be the other way round. Normally, the market would not have plunged at the time it did, but some people (whales) aided it.

If Coronavirus never happened then maybe we could be in the mid of bull run! Bitcoin price went to 10K USD, that was the beginning of the bull run, there was a good hype for the Bitcoin halving and now everything is gone! If this virus never occurred we might see Bitcoin at 12k USD, ETH at 320$ and BCH at 480-500$!

Not still. The market would still keep dumping and pumping because most of the institutional traders are trying to accumulate coins and this corona virus had helped them the most in collecting more of the BTC for us to still keep looking up to them in the future. Its a cruel dog eat dog world and our coins are eaten by these big dogs. $10k is probably even just the bulltrap of them.

That is just the basic truth. They are behind it. Well, it is a pity that they have achieved their aim. They bought when saw that it had plummeted to where they wanted and now they are in profit.
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