More Damages to Crypto Market

[BitTraderCute]

Whatever happens, the blockchain and bitcoin have so far shown good results and are still developing well. This virus is also not a cause for concern. Just now continue another sale of the crypt and soon it will grow in price again.

In this case blockchain will still alive for long time, fear and panic that caused market dumped. different with previous dump that caused by regulation in many countries.bitcoin and blockchain regularly accepted in several big countries and it mean they will legalize crypto market which is has good impact.  and now ,coronan viruses only make temporary effect in crypto market.

[swivel1983@gmail.com]

All coins have now fallen very much in value. There's nothing wrong with it. Their cost will soon be recaptured and so now is the time to make purchases.

[Ruso21]

This virus will not stop and will last for few months like SARS, so I don't think BTC will go up soon in this year.

Many people are running out of savings so they started to spend, I thought on this drop but not at this value.

[lienfaye]

This virus will not stop and will last for few months like SARS, so I don't think BTC will go up soon in this year.

Well I hope it wont happen. I cant believe because of this virus all of our expectation for this year will going to vanish. Nevertheless if you're a long term hodler this is not an issue.

Many people are running out of savings so they started to spend

Indeed or they are afraid of further losses with their investment so they decided to convert to fiat. The fact that people need cash now to buy goods are understandable thats why its reflecting in crypto market.

[Fatimahcrypto]

If this Coronavirus of a thing continues like this then do not expect anything good from Bitcoin halving in May or after May because it seems Bitcoin will keep going down from now on, damn no one saw this coming either way, I never expected a new virus to change the fate of Bitcoin and crypto market this year, the very year I've been waiting for, so sad 

I don't understand why we tend to attribute every reduction in the value of Bitcoin to something negative. In my opinion, it's not always the case. Infact volatility and instability are attributes of the market and when we see such, we should know that the market is just being herself.

[khiholangkang]

If this Coronavirus of a thing continues like this then do not expect anything good from Bitcoin halving in May or after May because it seems Bitcoin will keep going down from now on, damn no one saw this coming either way, I never expected a new virus to change the fate of Bitcoin and crypto market this year, the very year I've been waiting for, so sad 

Not only crypto that experienced a decline, stocks and fiat currencies also experienced the same thing
I don't think we need to worry about this, because I'm sure this won't last long

[joshua123]

Whatever happens, the blockchain and bitcoin have so far shown good results and are still developing well. This virus is also not a cause for concern. Just now continue another sale of the crypt and soon it will grow in price again.

In terms of development it is improving. The market needs  activity and those are comes from establishment that uses crypto. If those establishments are affected due to the decrease of people on the street then obviously it will also affect the market. We cant blame those people reacting to it as this event is truly scary for our lives. I believe it will also recover but the process isnt fast and it will take time until everything will be back again to normal.

[kaneki007]

Relax, this is still Q1 2020 and the end of the year is still long, this are unexpected because almost all markets have decreased including crypto which is almost 40-50% in just one day. Indeed this is very surprising and it's my first time seeing a price drop that is very far away, it's just that I believe everything will pass and crypto will again experience price increases.

[Furryball]

It seems like the virus was intentionally unleased to destroy stock market for a while, I suspect China, it was intentionally done, I just don't expect it to affect crypto this badly, in few months more I expect everything to be back to normal, hopefully

[shoreno]

It seems like the virus was intentionally unleased to destroy stock market for a while, I suspect China, it was intentionally done, I just don't expect it to affect crypto this badly, in few months more I expect everything to be back to normal, hopefully

so there is a chance that other virus on the past were also released intentionaly for some purpose ? and one of those was to crash the economy or the financial market ? maybe yes because in this way they can buy more stocks or assets  . then suddenly they will announce a cure after thier evil plan was done  .  these people are crazy that they do something that is crazy and dangerous just for the sake of thier own satisfaction .  more and more damage are dealt every single day and cryptos are also suffering with it . this is sad to those who are expecting for a bull run because what they see right now is much worst than they expected

[Sendi blackspade team]

Relax, this is still Q1 2020 and the end of the year is still long, this are unexpected because almost all markets have decreased including crypto which is almost 40-50% in just one day. Indeed this is very surprising and it's my first time seeing a price drop that is very far away, it's just that I believe everything will pass and crypto will again experience price increases.

You are right, this short period of decline certainly surprised many people. but for those who already understand how the crypto market works they will stay calm and look for ways to find more profits.

[Crypto5060]

Coronavirus has dealt world economy a blow. Traditional markets are crashing, digital currency is taking major hit. I do hope we come to the end of this nightmare.

[Teawhalee]

It's better to hope that the while thing will be settled before May and then we can see positive move upward. For now we don't know how far it will go. But maybe the market will swing a little before we see any change in trend.

[MWesterweele]

It's better to hope that the while thing will be settled before May and then we can see positive move upward. For now we don't know how far it will go. But maybe the market will swing a little before we see any change in trend.

I agree, just keep being optimistic while the maket is getting weak because it can cause also to market to be good again. We also need to be patience because it seem we need to wait for a long timebto its rise. Right now I think its better to take your time to buy some altcoin that have worth because surely most of them are falling the price.

[betty11]

If the traditional system keeps collapsing like we are seeing right now, people may abandon paper money in large quantity and face Cryptocurrency as a faster, border-less and seamless alternatives. This may as well help the market in quick recovery because people will want to trade too to get money since they are indoor. 

[awik p]

It's better to hope that the while thing will be settled before May and then we can see positive move upward. For now we don't know how far it will go. But maybe the market will swing a little before we see any change in trend.

I agree, just keep being optimistic while the maket is getting weak because it can cause also to market to be good again. We also need to be patience because it seem we need to wait for a long timebto its rise. Right now I think its better to take your time to buy some altcoin that have worth because surely most of them are falling the price.

I think to buy a few coins will be better if done in stages, according to the analysis of our buying area. We know the current market uncertainty due to worldwide outbreaks, so many economic actors are focused on personal safety. and I think the market will improve as the virus is topped

[safem]

We need to be highly optimistic for crypto this season. We do not need to panic because of the outbreak of corona virus.The blowing wind of this virus will soon be calm so that all things can go back to normal. Let us keep our confidence strong and remain consistent in our investment. There should be sensitization to all that the prevalence of this corona virus should not limit the rate at which people participate in crypto.All we need do is to be careful in the way we handle our health and then continue with our crypto business. Let us all keep our heart strong and be optimistic for a better turn around.

[Ziskinberg]

The corona virus has been getting more attention all over the world, the cases of infections has been rapidly increasing so this could result to a more serious economic problem, and of course crypto is not expected to that.

however, we also have to look at the bright side rather than panicking with others, we are given now some great opportunity to accumulate, we should see that as soon the virus will be neutralized, the market that we love will once again recover and rise.

[BayAngelo]

there is a huge development ahead regarding the virus. china is making a huge progress in curbing this virus and also they are sending dispatch team to italy to help out with the fast spreading virus. Italy is loosing out in the fight and china was there to help out. Good thing that they are gradually reducing the treat.

[Nekkyush]

It's a pity the market is going on the downtrend because of the Corona Virus outbreak but let's look at it from the brighter side. This might actually bring cryptocurrencies to the limelight. While you are sad at the things happening to crypto prices, I bet you, many others are happy. Better to grab the opportunity and own a good amount of coins.