If Coronavirus never happened

[jostorres]

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.

Yeah, the 2 trillion dollar package is coming but at what cost? What is it going to solve? USA has been trying to bail out companies over and over again many times already and they still haven't realized that it is not the big huge corporations they have to save, it is the regular people because those regular people are the ones keeping those companies alive, if you do not give the money to regular people those companies will always lose money since whatever they are selling, regular people eventually can't afford it and when they can't afford it the price of those companies stocks will fall since they can't sell their products.

In order to make a company rich, you have to give money to its buyers not the company itself, if the buyers have money to buy, that company will sell and make a profit.

[hahay]

If coronavirus never happened I personally still believe the crypto market will get a decrease before and after halving but one thing I believe is the decline will not be as severe as experienced so far because with this coronavirus the decline is greater and of course it makes the situation more bad. But after all, I personally am still confident if the bullrun will definitely happen but at least it will not happen this year and we will likely wait at least until the pandemic ends.

[disconnectme]

There is no definite answer to your question but with the way Bitcoin started the year, the sign would be bullish and the price could be around $14k. I just feel the Corona Virus thing came at the right time, it helps people come to their senses, there are a lot of prediction out there, with the project of Bitcoin hitting $200k next year though anything is possible but we need to be realist IMO

[tippytoes]

There is no definite answer to your question but with the way Bitcoin started the year, the sign would be bullish and the price could be around $14k. I just feel the Corona Virus thing came at the right time, it helps people come to their senses, there are a lot of prediction out there, with the project of Bitcoin hitting $200k next year though anything is possible but we need to be realist IMO

We are already rejoicing when we hit 10k last february, we thought that it is continuous, but wait, covid suddenly becomes pandemic. Too bad, everyone is in the panic mode. Maybe, if it was contained much earlier, we will still see the bitcoin's price in 10-11k level. But we really can't predict the future, so everyone should always have contingency plan when you are in crypto. We will face more challenges in the future.

[Botnake]

If coronavirus never happened I personally still believe the crypto market will get a decrease before and after halving but one thing I believe is the decline will not be as severe as experienced so far because with this coronavirus the decline is greater and of course it makes the situation more bad. But after all, I personally am still confident if the bullrun will definitely happen but at least it will not happen this year and we will likely wait at least until the pandemic ends.

It seems like bitcoin is just waiting for one big push to pump right now, its been very stable at $6600 for days already, and we can't say that there are no people trading right now because the 24 hours volume is over $30 billion.

Because you think there's no bull run this year when Coronavirus did not destroy the economy yet, then maybe this is the time that the bull run will come, I mean people should safeguard their money especially US now which are heavily affected, where would they put that? stocks?, no... it's gonna be in crypto.

[restuibu]

I don't think corona virus has big effect on digital currencies, even though there is no corona virus we don't know what happened in the current situation, even before the corona virus crypto was already very unstable and unpredictable

[FairUser]

I don't think corona virus has big effect on digital currencies, even though there is no corona virus we don't know what happened in the current situation, even before the corona virus crypto was already very unstable and unpredictable

Agree that we cannot predict the future of this market, but Corona has caused the crypto market to collapse like it is now. It has scared investors and left the market. If it weren't for the Corona disease, we would have seen bitcoin surpassing $ 15,000 in April, which would be sad to see the current situation.

[Finestream]

If it weren't for the Corona disease, we would have seen bitcoin surpassing $ 15,000 in April, which would be sad to see the current situation.

Well, that's a good price but I can't say bitcoin will reach at that level even if there is no corona virus.

Maybe we got ourselves hype too much with the halving, of course it could increase the price of bitcoin but it does not automatically mean it will rise that high. Before the corona virus, people are so optimistic that the coming bull run would result to the price increase but it did not continue actually, in fact it dump back to $7000 IIRC, and then the panic happened which makes bitcoin dump to $4000, but it was just a short stay, bitcoin then recovers.

[Emitdama]

Are we talking about crypto or are we talking about the world in general? If we are talking about just crypto, if coronavirus never happened we can definitely stay that we would be much higher and would be going over 10k by now with all the buying going on (you can say buying happens because price is low but buying would have happened as usual at least).

But, if you are talking about rest of the world, that might have been affected anyway since stock market was doing very bad and a bubble was waited for a long time to burst. Maybe it wouldn't be as bad as this, it is obvious that corona affected a lot worse than we anticipated but that doesn't mean the economy would be fine anyway. It would gone down a lot less than this, but still would have gone down anyway.

[rezakurnia66]

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 market won't collapse as it did in the previous week. The spread of this Corona virus is very fast and the global economic impact decreases. Economic decline is not happening in one country, but all developed countries have declined. Even digital currency prices are also impacted.

But, we also felt that the price of cryptocurrency after the collapse, slowly Bitcoin and Altcoin slowly rose. And the limelight is Bitcoin moving up very fast.  So if the Corona virus does not occur, maybe the market does not collapse but the price will be stable. As in previous months. And learning for all of us is not to panic  "control emotions ".

[KTChampions]

If it weren't for the Corona disease, we would have seen bitcoin surpassing $ 15,000 in April, which would be sad to see the current situation.

Well, that's a good price but I can't say bitcoin will reach at that level even if there is no corona virus.

Maybe we got ourselves hype too much with the halving, of course it could increase the price of bitcoin but it does not automatically mean it will rise that high. Before the corona virus, people are so optimistic that the coming bull run would result to the price increase but it did not continue actually, in fact it dump back to $7000 IIRC, and then the panic happened which makes bitcoin dump to $4000, but it was just a short stay, bitcoin then recovers.

Sure.
In fact, halving is now more of a problem for cryptocurrencies than a growth driver. The change in inflation at this stage is a small but very significant change in the efficiency of miners. Many miners will turn off their miners, which will become unprofitable after halving, this will lead to a decrease in the hash rate of the network and its reliability. This will be temporary, but it will take some time for the miners to get used to the new working conditions.

[Denamen]

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 market won't collapse as it did in the previous week. The spread of this Corona virus is very fast and the global economic impact decreases. Economic decline is not happening in one country, but all developed countries have declined. Even digital currency prices are also impacted.

But, we also felt that the price of cryptocurrency after the collapse, slowly Bitcoin and Altcoin slowly rose. And the limelight is Bitcoin moving up very fast.  So if the Corona virus does not occur, maybe the market does not collapse but the price will be stable. As in previous months. And learning for all of us is not to panic  "control emotions ".

Agree with your comments. This market always has a huge price reduction and this is what happened in the last 2 years. I think covid-19 is just a reason for people to fear and if this disease does not happen then maybe crypto will be reduced even more. However, I think coronavirus has a lot to do with the economy and millions of people are temporarily unemployed.

[fortunecrypto]

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

Maybe we are in the $11000 already, Bitcoin has a good momentum going to the halving month this is such a good momentum for another all time high, but because of the pandemic, we'll have to wait for the eradication of this virus before the market can recover and we'll see the good result of the halving.

[Clark05]

Even the Coronavirus did not happen we do not know if the price of the coins is still rising but maybe that is impact of corona virus or maybe not why the dumping of the cryptocurrency. Many people think about because this why does the crypto are dumpung because the people need a lot of moneh so why they converting their assets into cash and also they don't have work to invesg because of the communit quarantine or they are experience a lockdown.

[bitkanu]

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

Maybe we are in the $11000 already, Bitcoin has a good momentum going to the halving month this is such a good momentum for another all time high, but because of the pandemic, we'll have to wait for the eradication of this virus before the market can recover and we'll see the good result of the halving.

It should be even more than it. We have been facing covid virus when bitcoin has broken 10k barrier and with the impact that will be caused by halving and there was a lot of possibility for bitcoin to achieve even more than it. If this virus still exists and people will always put their life at the top of everything

[nekonyun]

maybe the price of bitcoin will not fall to 3000$ if coronavirus does not occur because all markets fall when coronavirus exists, see all markets fall when coronavirus is there so all markets fall influence from coronavirus

[Finestream]

If it weren't for the Corona disease, we would have seen bitcoin surpassing $ 15,000 in April, which would be sad to see the current situation.

Well, that's a good price but I can't say bitcoin will reach at that level even if there is no corona virus.

Maybe we got ourselves hype too much with the halving, of course it could increase the price of bitcoin but it does not automatically mean it will rise that high. Before the corona virus, people are so optimistic that the coming bull run would result to the price increase but it did not continue actually, in fact it dump back to $7000 IIRC, and then the panic happened which makes bitcoin dump to $4000, but it was just a short stay, bitcoin then recovers.

Sure.
In fact, halving is now more of a problem for cryptocurrencies than a growth driver. The change in inflation at this stage is a small but very significant change in the efficiency of miners. Many miners will turn off their miners, which will become unprofitable after halving, this will lead to a decrease in the hash rate of the network and its reliability. This will be temporary, but it will take some time for the miners to get used to the new working conditions.

That's correct because this market is set for a success, there has been halving in the past but still the miners are still here,  in the long run this will be the competition of the big miners as they can survive and its also expected that bitcoin will increase so these miners will not only invest on their timely miners fee but they will only hold bitcoin for the future.

[Arkann]

That's correct because this market is set for a success, there has been halving in the past but still the miners are still here,  in the long run this will be the competition of the big miners as they can survive and its also expected that bitcoin will increase so these miners will not only invest on their timely miners fee but they will only hold bitcoin for the future.

In fact, there is an opinion that after the next halving, Bitcoin owners will have a problem with miners, which is based on the cost of bitcoin mining.  the fact is that with the development of the system, the demand for computer technology increases, which the miner will have to spend a certain amount of money, and this is an expensive pleasure.  Thus, in my opinion, dividing the remuneration for miners by half can negatively affect the price of bitcoin.  But this is only theory and speculation.  I think that there is still not so much time left when we can see for ourselves what prospects Bitcoin will have in the future and how halving will affect its value.

[Natalim]

maybe the price of bitcoin will not fall to 3000$ if coronavirus does not occur because all markets fall when coronavirus exists, see all markets fall when coronavirus is there so all markets fall influence from coronavirus

It will just make the market strong,.. we did see it fall but it bounce back and the price now is already at $7200 and it simply says it has recovered from falling. Cypto market now is the most attractive market to invest with now that stocks are down, these investors should result to increase the value of bitcoin in the long run and I would say in advance that we will have a good year this year.

[Lanatsa]

maybe the price of bitcoin will not fall to 3000$ if coronavirus does not occur because all markets fall when coronavirus exists, see all markets fall when coronavirus is there so all markets fall influence from coronavirus

It will just make the market strong,.. we did see it fall but it bounce back and the price now is already at $7200 and it simply says it has recovered from falling. Cypto market now is the most attractive market to invest with now that stocks are down, these investors should result to increase the value of bitcoin in the long run and I would say in advance that we will have a good year this year.

Nothing is assured when we do talk about the future.We cant be sure if we would have a good year but at least we have seen that
the price is starting to recover which came from sudden dump when corona virus issue comes out.We cant even tell if we would able to hold up
7k levels and would shoot up even more.Come to think that we do even believe that we will reach 14k usd and up when price is tanking on 10k
back before and then the market dumps unexpectedly thats why im not really hoping that much as long i do see some gains then
it would already be fine for me.