|
bitbunnny
Legendary
Offline
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
|
|
March 04, 2020, 02:59:27 PM |
|
This doesn't make much sense to me. There are already so many discussions about influence of corona virus on Bitcoin but there isn't any, if you ask me, at least not in some significant way to influence the price. Maybe if we really come to the phase of global pandemia but then again every aspect of human activities will be affected and in negative way. Also, I don't know where this conclusion.came from that April is historicaly the best month for Bitcoin, it's pure guessing.
|
|
|
|
hugeblack
Legendary
Offline
Activity: 2646
Merit: 3913
|
|
March 05, 2020, 06:26:18 AM |
|
What is the relationship between the two things, the link here does not represent any point of view.
The coronavirus has created economic pressures for some countries, but this does not mean that the global economy will collapse, and even if this is true, this means that the world will go to more stable assets than speculation in cryptocurrencies. Some countries have loosened restrictions to earn more money from taxing bitcoin
|
|
|
|
Yaunfitda
|
|
March 05, 2020, 07:18:55 AM |
|
More easing on crypto currency because of the corona virus? I doubt it.
And I don't think that they are going to relax, on the contrary they might continue their hard line stance of crypto currency or even more. If you are talking about India's case though, it's very different, it was their Supreme court who turn against the crypto ban by their own Central bank.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
exstasie
Legendary
Offline
Activity: 1806
Merit: 1521
|
|
March 05, 2020, 07:23:28 AM |
|
What is the relationship between the two things, the link here does not represent any point of view. This is the connection people are making: Corona virus > Threat of global economic crash (and recession) > Money printing There is no direct relationship with BTC, but there is probably an indirect one. The more interesting question is what effect a global recession would have on BTC, which has risen alongside stock markets for the last decade straight. A recession would obviously cause a bear market in stocks. What about BTC? Here is my take: a recession means widespread job losses and business failures and a general tightening of belts across society. That means less disposable investment capital, especially for risky assets like BTC. It also means more pressure on hodlers to sell, since they will have lost jobs or owned declining businesses like everyone else. This brings us full circle to the article's point: if money printing props up the global economy and stock markets, that's probably a good thing for BTC's price.
|
|
|
|
Wind_FURY
Legendary
Offline
Activity: 3052
Merit: 1915
|
|
March 05, 2020, 09:11:08 AM |
|
This doesn't make much sense to me. There are already so many discussions about influence of corona virus on Bitcoin but there isn't any, if you ask me, at least not in some significant way to influence the price.
It's the "easing", Quantitative Easing/QE, that possibly could influence the price of Bitcoin, because QE inflates more cash in circulation. Maybe if we really come to the phase of global pandemia but then again every aspect of human activities will be affected and in negative way.
Also, I don't know where this conclusion.came from that April is historicaly the best month for Bitcoin, it's pure guessing.
I know it's debatable, but read about QE.
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
davis196
|
|
March 05, 2020, 02:23:16 PM |
|
1.It's not the "uncertainty surrounding coronavirus" that forced central bankers to launch quantitative easing.It's the the fear of further stock market crash and a big recession in China (which is influenced by the coronavirus). 2.It's questionable that easing measures and money printing always have positive impact over the bitcoin price.Maybe the price will be pumped,but there's a time lag after such monetary injections,where the impact of the easing is delayed.I'm no expert,so whatever. 3.It doesn't matter that April has been "historically" better than other months for Bitcoin.Past price patterns and trends doesn't matter for the future price movements.
|
|
|
|
el kaka22
Legendary
Offline
Activity: 3668
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
|
|
March 05, 2020, 04:52:15 PM |
|
Definitely when the April increase happens this year (and hopefully it happens again) it would be more about the halving and not about easing of banks.
Maybe that might have some sort of affect as well but these kind of virus outbreaks usually results with people going fully cash and not go invest into something they are not familiar with so I doubt bitcoin will see a huge increase in money influx to the markets during April just because of the easing.
Like I said that would be very tiny compared to the whole halving situation we are about to live in the may and that would probably result with price going so high that later we would say it shouldn't have gone that up and even go back down hard in result. Whatever the reason ends up being, I really hope we do get that all time high once again.
|
|
|
|
ice098
|
|
March 05, 2020, 06:11:47 PM |
|
More easing on crypto currency because of the corona virus? I doubt it.
And I don't think that they are going to relax, on the contrary they might continue their hard line stance of crypto currency or even more. If you are talking about India's case though, it's very different, it was their Supreme court who turn against the crypto ban by their own Central bank.
Their government is making it harder for them to use crypto independently, as banning was barely taking effectivity. Central bank has the power over different currencies, that's why if the decisions have been made by their authority I don't think it will be revoked easily. It needs another resolution to discuss another details pertaining to crypto.
|
|
|
|
jossiel
|
|
March 05, 2020, 09:28:51 PM |
|
The two connections about the virus and the month of April to be the best month for us, I don't see as well the connection of those to the price of bitcoin. Well, if it's just the month of connection many will say the least that it's December to be the best based from the experience of most but still that doesn't have any connection.
Threads about corona relation to bitcoin price, it's just absurd.
|
|
|
|
Wind_FURY
Legendary
Offline
Activity: 3052
Merit: 1915
|
|
March 06, 2020, 08:03:42 AM |
|
Definitely when the April increase happens this year (and hopefully it happens again) it would be more about the halving and not about easing of banks.
Maybe that might have some sort of affect as well but these kind of virus outbreaks usually results with people going fully cash and not go invest into something they are not familiar with so I doubt bitcoin will see a huge increase in money influx to the markets during April just because of the easing.
Like I said that would be very tiny compared to the whole halving situation we are about to live in the may and that would probably result with price going so high that later we would say it shouldn't have gone that up and even go back down hard in result. Whatever the reason ends up being, I really hope we do get that all time high once again.
How many days from the halving of 2012 to the ATH, and how many days from the halving of 2016 to the next ATH? I believe that it might take longer for another ATH again. Spring of 2022.
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
pooya87
Legendary
Offline
Activity: 3584
Merit: 10913
|
|
March 06, 2020, 09:02:54 AM |
|
What is the relationship between the two things, the link here does not represent any point of view. This is the connection people are making: Corona virus > Threat of global economic crash (and recession) > Money printing There is no direct relationship with BTC, but there is probably an indirect one. The more interesting question is what effect a global recession would have on BTC, which has risen alongside stock markets for the last decade straight. A recession would obviously cause a bear market in stocks. What about BTC? Here is my take: a recession means widespread job losses and business failures and a general tightening of belts across society. That means less disposable investment capital, especially for risky assets like BTC. It also means more pressure on hodlers to sell, since they will have lost jobs or owned declining businesses like everyone else. This brings us full circle to the article's point: if money printing props up the global economy and stock markets, that's probably a good thing for BTC's price. i say the final results depends on the early days of such an incident. if in early days of stock market crash bitcoin keeps the price up and even goes higher in value then we can see a sustainable growth during the recession as everyone who is dumping their stocks and other declining assets will be looking for a place to put their money (nobody keeps cash when it is losing value) and bitcoin becomes a viable option. i believe this is a more plausible scenario as the companies (in stock market) are directly linked to the economy and are taking effect from it the most while bitcoin has no direct link to the economy, any relationship it may have is indirect.
|
|
|
|
jhonjhon
|
|
March 07, 2020, 01:56:59 AM |
|
I'm not really sure of this is true, but based on what i've observed and read there isn't any relationship between the coronavirus outbreak and cryptocurrency. While it is true that it affected many countries economic growth since tourism is dropped because of the virus but for me as far as cryptocurrency is concern, the outbreak didn't any have effect per say and I don't think having a global disease can make bitcoin or cryptocurrency boom.
|
|
|
|
Hypnosis00
|
|
March 07, 2020, 09:16:47 AM |
|
Well, I don't see a strong connection to this. Maybe there are some instances that we miss about and some investors from China have to adopt the system in order to stay in the line of business (yet it was online business already). But I don't think this would trigger a wide market adoption and Central bankers will look on this.
Anyway, if that may happen, then it will be good to know that it could help us to uplift the market prices and spread more to the other country. I hope the Chinese government will no longer ban crypto and they will give freedom for their people to use and invest crypto.
|
|
|
|
ultrloa
Legendary
Offline
Activity: 2884
Merit: 1260
|
|
March 07, 2020, 10:29:51 AM |
|
Sometimes we will think that way but actually it's hard to think if this is really the case since there are so many option for people to choose with, but if certain countries really know how bitcoins worth for sure they well adopt it while the economy is on the lose.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
beerlover
Legendary
Offline
Activity: 3024
Merit: 1188
|
|
March 07, 2020, 07:54:32 PM |
|
If the printing of money goes higher that would affect the inflation all around the world, if you even forgive debts that would cause inflation, if you do basically anything out of ordinary that would help people financially for the short term that usually leads to inflation.
If something affects inflation what happens? The prices of everything goes higher as well, you had 80 dollars but could buy 80 apples with it, now you have 100 dollars and feel richer thanks to some help from easing yet you check and you can still only buy 80 apples with 100 dollars. This could cause bitcoin to go up. This is probably the best layman terms I can explain why it could affect bitcoin. However, do not forget that these are huge nations and governments and inflation usually is very low for them, I doubt we would see anything drastic.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
GreatArkansas
Legendary
Offline
Activity: 2450
Merit: 1386
|
|
March 08, 2020, 12:48:07 PM |
|
Sometimes we will think that way but actually it's hard to think if this is really the case since there are so many option for people to choose with, but if certain countries really know how bitcoins worth for sure they well adopt it while the economy is on the lose.
It's really a pure speculation. There's a lot of scenarios that could possible happen in the future, especially we are fighting this novel corona virus and for sure, not only the central banks are suffering, cryptocurrency also. Lot of people started to talk that Bitcoin will fly to the moon because of corona virus, but overall for me it will not the fully reason, there could be only some part of it.
|
|
|
|
Yatsan
Legendary
Offline
Activity: 2548
Merit: 1247
Leading Crypto Sports Betting & Casino Platform
|
|
March 08, 2020, 01:53:02 PM |
|
I doubt the negative reaction the market had recently had any direct relationship with the coronavirus. As for an economic crash happening, well there were already signs in the past few months that the economy has been showing its negative side more often than ever. But honestly, rather than a crash, its more likely a boon would happen, because of stocks crashing because of its direct relationship with the economy of the countries. On the other hand, if you talk about Bitcoin, it isn't related to any third party companies which makes its price completely dependent on supply and demand. No need to force a crash to happen, if the stocks keep dropping, investors would probably move their money from there to BTC.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|