The current world market situation.

[uray]

I do not know if everywhere in the world is going to worse. In the UK maybe and in Spain maybe as well as other countries but that is because they did not put things into lockdown immediately. But in China and Singapore for example, where they immediately did strict lockdown, things are already looking like they could improve later this year!

It all depends upon how the virus can be contained and stop the spread, if not it will be a huge hurdle for everyone, some of the countries are lucky that the virus is not affecting that much especially highly populated countries in Asia compared to the amount of patients in America and Europe, another possibility is that they are not revealing the real data or their testing process is not that great. Singapore is a small country and they could contain the spread easily than the big countries.

[kkofor]

I do not know if everywhere in the world is going to worse. In the UK maybe and in Spain maybe as well as other countries but that is because they did not put things into lockdown immediately. But in China and Singapore for example, where they immediately did strict lockdown, things are already looking like they could improve later this year!

It all depends upon how the virus can be contained and stop the spread, if not it will be a huge hurdle for everyone, some of the countries are lucky that the virus is not affecting that much especially highly populated countries in Asia compared to the amount of patients in America and Europe, another possibility is that they are not revealing the real data or their testing process is not that great. Singapore is a small country and they could contain the spread easily than the big countries.

Asian countries have very good control and this has greatly reduced the number of people infected in the past few months. Currently, Europe is the country with the highest number of infected people in the world and of course subjective psychology is the main reason why these countries are seriously affected by the disease. I don't know what the future will be like but I hope the epidemic will end soon and everyone's life will return to normal soon.

[KnightElite]

I do not know if everywhere in the world is going to worse. In the UK maybe and in Spain maybe as well as other countries but that is because they did not put things into lockdown immediately. But in China and Singapore for example, where they immediately did strict lockdown, things are already looking like they could improve later this year!

It all depends upon how the virus can be contained and stop the spread, if not it will be a huge hurdle for everyone, some of the countries are lucky that the virus is not affecting that much especially highly populated countries in Asia compared to the amount of patients in America and Europe, another possibility is that they are not revealing the real data or their testing process is not that great. Singapore is a small country and they could contain the spread easily than the big countries.

Asian countries have very good control and this has greatly reduced the number of people infected in the past few months. Currently, Europe is the country with the highest number of infected people in the world and of course subjective psychology is the main reason why these countries are seriously affected by the disease. I don't know what the future will be like but I hope the epidemic will end soon and everyone's life will return to normal soon.

But the 3rd world countries in asian are having a hard time  to fight the virus. Like in my country where the hospitals and the health workers doesn't have enough equipment to heal and accommodate the patients that have the virus. It is really sad that not only the 3rd world  countries that are affected because even the 1st world countries like U.S. are having a hard time to overcome the global crisis.

[Yaunfitda]

I do not know if everywhere in the world is going to worse. In the UK maybe and in Spain maybe as well as other countries but that is because they did not put things into lockdown immediately. But in China and Singapore for example, where they immediately did strict lockdown, things are already looking like they could improve later this year!

It all depends upon how the virus can be contained and stop the spread, if not it will be a huge hurdle for everyone, some of the countries are lucky that the virus is not affecting that much especially highly populated countries in Asia compared to the amount of patients in America and Europe, another possibility is that they are not revealing the real data or their testing process is not that great. Singapore is a small country and they could contain the spread easily than the big countries.

Asian countries have very good control and this has greatly reduced the number of people infected in the past few months. Currently, Europe is the country with the highest number of infected people in the world and of course subjective psychology is the main reason why these countries are seriously affected by the disease. I don't know what the future will be like but I hope the epidemic will end soon and everyone's life will return to normal soon.

For the record, Europe is not a country but a continent. But I would agree that Asia reacted differently as compare to US or Europe though. Asia immediately issued a lock down, one month and being extended. While US and Europe was late, that's why the numbers grow in terms of cases and deaths.

Every pandemic has it's end, you have to look at history, it will be just a matter of time because the health scientist discovered a vaccine to stop the virus. It might takes years though, as this is a very different strain of the corona virus.

[WSDN]

I do not know if everywhere in the world is going to worse. In the UK maybe and in Spain maybe as well as other countries but that is because they did not put things into lockdown immediately. But in China and Singapore for example, where they immediately did strict lockdown, things are already looking like they could improve later this year!

It all depends upon how the virus can be contained and stop the spread, if not it will be a huge hurdle for everyone, some of the countries are lucky that the virus is not affecting that much especially highly populated countries in Asia compared to the amount of patients in America and Europe, another possibility is that they are not revealing the real data or their testing process is not that great. Singapore is a small country and they could contain the spread easily than the big countries.

Asian countries have very good control and this has greatly reduced the number of people infected in the past few months. Currently, Europe is the country with the highest number of infected people in the world and of course subjective psychology is the main reason why these countries are seriously affected by the disease. I don't know what the future will be like but I hope the epidemic will end soon and everyone's life will return to normal soon.

For the record, Europe is not a country but a continent. But I would agree that Asia reacted differently as compare to US or Europe though. Asia immediately issued a lock down, one month and being extended. While US and Europe was late, that's why the numbers grow in terms of cases and deaths.

Every pandemic has it's end, you have to look at history, it will be just a matter of time because the health scientist discovered a vaccine to stop the virus. It might takes years though, as this is a very different strain of the corona virus.

When it was almost over, they started to prevent the disease and that is why Europe has been getting worse recently. I have some friends here and they say the situation is very unpredictable and the government doesn't have much power in stopping this disease. If there is an early strategy like Asia, things will be different and the number of infected people will be reduced even more.

[qazgroup]

The thing that concerns me the most is that the virus is still not in control in most of the bigger regions around the world, just look at European countries the daily deaths are still high, UK is worst hit as well and USA that took it casually in the beginning seems to top both in new daily cases and deaths, having said that even in countries where there are less cases or low number of deaths they are in lockdown as well which means no economic activity, no income and no investments, this is not a great scenario but then again the virus has to stop first before the world will try to pump back the economy, business and investments.

[kawetsriyanto]

~ snip ~

It is also happened in my country but I don't want to be confused about it. Just look at the current data of Covid-19 in your country. If the number of cases doesn't increase as fast as before and the recovery ratio is getting higher, it means the condition is better day after day. However, always satay safe + stay at home until the condition can be recovered 100%. 

[seleme]

~ snip ~

It is also happened in my country but I don't want to be confused about it. Just look at the current data of Covid-19 in your country. If the number of cases doesn't increase as fast as before and the recovery ratio is getting higher, it means the condition is better day after day. However, always satay safe + stay at home until the condition can be recovered 100%. 

Hope the WHO will announce the vaccine for COVID19 and the world will pass the unhealthy days. The market situation goes worse day by day and everyone invests in the top altcoins, I don't invest in the top altcoins for the obvious reason. The low marketcap altcoins are my first preference.

[flagpara]

If you don't understand the effect of Corona on the global economy ! In the last 8 -12hrs , the US Crude oil is down by 31% , UK oil by 32%,  BTC by 12% and more  and other trading pair are falling deep. Crude oil seems dead now because they can't export it. Traders and investors needs to be careful now. This might be an unprecedented global recession. Now is not the time for long term Investment in real estate because when it goes bad, all those investment will be sold for pennies. So please hold your cash and follow the news.

Someone will ask that the funds that are leaving crude and stocks, where is it going ? It's simply being rolled into Fiat because everyone is careful of Investing at this time.

We don't when market will recover same we don't know when Coronavirus will under control. Today all news is positive that this virus is getting control. I'm trying to that you never can't take right to invest, you have consider something. Check coinmarketcap altcoins price is almost flat, so any time can turn back.

[NewRanger]

~ snip ~

It is also happened in my country but I don't want to be confused about it. Just look at the current data of Covid-19 in your country. If the number of cases doesn't increase as fast as before and the recovery ratio is getting higher, it means the condition is better day after day. However, always satay safe + stay at home until the condition can be recovered 100%.  

Hope the WHO will announce the vaccine for COVID19 and the world will pass the unhealthy days. The market situation goes worse day by day and everyone invests in the top altcoins, I don't invest in the top altcoins for the obvious reason. The low marketcap altcoins are my first preference.

COVID 19 vaccine will take long time to find and mass produced . we will pass this situation more than years, moreover almost all economic sector suffered and much worker be unemployment now. maybe we see in finance market some index or stock in green , but the reality it is not.  personally i dont what will happen to bitcoin or altcoin if this situation still continue. will crypto market could be the alternative while world economy in crisis ?

[lienfaye]

COVID 19 vaccine will take long time to find and mass produced . we will pass this situation more than years, moreover almost all economic sector suffered and much worker be unemployment now. maybe we see in finance market some index or stock in green , but the reality it is not.  personally i dont what will happen to bitcoin or altcoin if this situation still continue. will crypto market could be the alternative while world economy in crisis ?

I believe people are started to become aware of crypto existence due to this lockdown, it is use as an alternative currency to send money for their loved ones especially now that we cant go outside. Here in our place I started to introduce crypto particularly bitcoin because they have plenty of time to learn about it as currency and investment. I think the increasing number of people who involve themselves in crypto during this lockdown is the reason why crypto market barely increase and didnt plunge further.

[isaac_clarke22]

Everything's pretty much down, not just oil.
Stock market's down too so consider stabilizing at a certain floor right now especially that we are in a pandemic situation. There's nothing to panic though as long as we're all at home and doing our usual thing at home.
Expect people selling their crypto coins a lot, unless it can be used as a payment method to buy common commodities.

[cassavachips]

Gold seems to have become a destination for now, but today the situation of the cryptocurrency market continues to improve after experiencing a remarkable decline, especially in bitcoin. I think it's quite worth saving some in bitcoin.

[azmirihaque]

Its 100% correct. The situation may be worse.  Probably we are going to face another great dpression. So all of us should be very conscious in every situation of the business.

[Barbut]

We are witnessing something that is happening for the first time. It's never happened before to economy to completely stop, even in times of war many things work normal and people go to jobs or do something, this now is probably confusing for many people.
We have a problem, a global problem at the moment! And I believe it will be solved, but we also need to make sure to not have the same problem in the future, for that we will have to see some global changes. I am not sure what kind of changes we will see, but they will happen! Let's stay alive and see them!

[Inosend]

It's so obvious that CORONAVIRUS has really hurt the world economy as a whole which has also extended the harm to crypto market but I believe we will be out of this in due time.

[fortunecrypto]

It's so obvious that CORONAVIRUS has really hurt the world economy as a whole which has also extended the harm to crypto market but I believe we will be out of this in due time.

The only due time is when we already have a proven vaccine, so far there are 21 countries racing to test new vaccines for Corona we are all racing for time every seconds count because the infected are increasing, I wonder what company would be the first to come out with a vaccine.

https://www.marketwatch.com/story/these-nine-companies-are-working-on-coronavirus-treatments-or-vaccines-heres-where-things-stand-2020-03-06

[elementaryOS]

It's so obvious that CORONAVIRUS has really hurt the world economy as a whole which has also extended the harm to crypto market but I believe we will be out of this in due time.

The only due time is when we already have a proven vaccine, so far there are 21 countries racing to test new vaccines for Corona we are all racing for time every seconds count because the infected are increasing, I wonder what company would be the first to come out with a vaccine.

https://www.marketwatch.com/story/these-nine-companies-are-working-on-coronavirus-treatments-or-vaccines-heres-where-things-stand-2020-03-06

Vaccines for Corona right now are just a way for countries to encourage their people about to stay at home, lockdown or just put hope in them. You should check the long history of SARS 2003 and it didn't have vaccines. MERS also didn't have vaccines. We missed the golden time to effectively remove Corona at the early, unlike SARS and MERS and now the only hope left are vaccines.

[royalfestus]

It's so obvious that CORONAVIRUS has really hurt the world economy as a whole which has also extended the harm to crypto market but I believe we will be out of this in due time.

The only due time is when we already have a proven vaccine, so far there are 21 countries racing to test new vaccines for Corona we are all racing for time every seconds count because the infected are increasing, I wonder what company would be the first to come out with a vaccine.

https://www.marketwatch.com/story/these-nine-companies-are-working-on-coronavirus-treatments-or-vaccines-heres-where-things-stand-2020-03-06

Vaccines for Corona right now are just a way for countries to encourage their people about to stay at home, lockdown or just put hope in them. You should check the long history of SARS 2003 and it didn't have vaccines. MERS also didn't have vaccines. We missed the golden time to effectively remove Corona at the early, unlike SARS and MERS and now the only hope left are vaccines.

The medical control of drugs also affect the fatality of the pandemic in some countries, the control is good but can be misused by the same authority. Unlike in some countries where anyone can get to the Pharmacy store to buy Hydrochloroquine, Azithromycin and Zinc (that is recommend by some USA doctors), administer and get well soon. This is told to reduce the fatality case in places like Nigeria and some other African countries.

[Surrapatt]

the current situation of the market is pretty bad right know because most of the holders are dumping their coins so that they will their money into essentials.

Basically they do not throw their coins into the market, only they exchange coins into another form or into a real currency because there is a sudden need and there are other needs to meet their daily needs.