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Author Topic: More Damages to Crypto Market  (Read 921 times)
BuNga_cute
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March 15, 2020, 09:21:56 PM
 #81

I am also very disappointed and sad to see that market conditions are getting worse due to the effects of the corona virus. But we must not be
pessimistic and surrender to this situation. Because every problem always has a solution, I also see this as a golden opportunity to be able to
buy a few coins at cheap prices. Hopefully in the next few weeks the entire world can overcome the spread this corona virus. If the corona virus
can be overcome I'm sure the price of cryptocurrency will get better.

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March 15, 2020, 09:33:22 PM
 #82

I am also very disappointed and sad to see that market conditions are getting worse due to the effects of the corona virus. But we must not be
pessimistic and surrender to this situation. Because every problem always has a solution, I also see this as a golden opportunity to be able to
buy a few coins at cheap prices. Hopefully in the next few weeks the entire world can overcome the spread this corona virus. If the corona virus
can be overcome I'm sure the price of cryptocurrency will get better.
You are right, even though this situation is difficult but there is still a chance to get profit. Because bitcoin and almost all altcoins are down, this gives us a good opportunity to collect some as a long-term investment, although difficult, halving this year's moment will still be a surprise.
No one wants this to happen, the COVID 19 virus makes many aspects of life decline, but don't give up because this will soon be over. Pray for the good of all, stay safe.

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March 15, 2020, 09:48:27 PM
 #83

It is very easy to blame CoronaVirus for the current Bitcoin price tumble, but what most people forgot is that the price of halving has already been priced into the price. People need to stop seeing Bitcoin has a way to get rich quick, it is not, it is an investment and an investors do not invest today and expect his money to double tomorrow
Thinking for an easy money is an old tradition with bitcoin, we are on the reality of life now and we are seeing bitcoin struggling to become a better currency. The virus has affected the market that much and whales are taking advantage of that, we should not panic at all and always buy at the bottom price. Bitcoin can still recover this year, the halving will come big for us.

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March 16, 2020, 06:52:00 PM
 #84

That real trading between countries are the one that causes for bitcoin to drop as well. Not just that of course but when a whole worlds finances start to rot, where do you think the money comes from? I mean you saw what happened to stock market, why did that happened to stock market? Just because companies wouldn't be making same amount of profit this year so the stock price went down? In order for the stock prices to go down you need to have sellers.

Bitcoin had a lot of people who got affected in their life so they had to sell and get that money back so they could continue their life decently, at least not bankrupt. You can't expect people who are in financial trouble to keep their money in crypto forever, eventually they will end up selling their coins to pay off debt and bills.
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March 16, 2020, 07:37:20 PM
 #85

Well this coronoa virus really make every market goes down. But, look with other perspective the price of BTC or any altcoin is cheaper than before. I think its make an oppurtunity to people for starting invest on it. Im sure the price will rise again as soon as possible.

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March 16, 2020, 07:41:20 PM
 #86

This epidemic virus has altered all combination and permutation. I am now trading with one eye open, you buy low, bitcoin dumps and alters your plan, it tries to move up, there is another huge liquidation, I just hope the clinic test of the vaccine on humans begin soon and be successful.
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March 17, 2020, 04:13:17 PM
 #87

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  Undecided
we still have 2 months before halving, and the way its expected . There is no reason to be affraid since there is no confirmation that its always increase it price everytime that there are  halving its just speculation. The bull market may start before the end of this year and will only start when halving started.

I agree. We don't have to participate in the crowd that is panicking about the current issue we are in right now, that won't solve anything but will just cause more chaos. A calm mind is what we needed, trust our leaders and support them by giving them ideas that could help the community to beat the Virus as soon as possible. And regarding about the price of bitcoin because of halving, it will still happen, no matter what, because I know we could surpass everything if we are going to help each other by lending each other's hand.
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March 17, 2020, 04:45:13 PM
 #88

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  Undecided

So many people believed in this year, however, whatever might have happened to the world economy through coronaVirus and which has affected crypto, is not enough to lose hope.
I already see a glimpse of that in your statement. Many people are also thinking this way, but for those who see it from a different perspective, we will soon hear from them. They might not come out to speak now, because they do not want others to join their league yet.
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March 17, 2020, 05:11:23 PM
 #89

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  Undecided

But I think upside down. Corona Virus is a solution for bitcoin. There are no easier transactions for us than using Bitcoin and other cryptocurrency. Fiat money is now meaningless. Everyone is at home. What about their transaction? the answer is Bitcoin.

But this is only the beginning to switch transactions from Fiat to Crypto.
Enjoy, and take care of your health.

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March 17, 2020, 05:16:07 PM
 #90

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  Undecided

But I think upside down. Corona Virus is a solution for bitcoin. There are no easier transactions for us than using Bitcoin and other cryptocurrency. Fiat money is now meaningless. Everyone is at home. What about their transaction? the answer is Bitcoin.

But this is only the beginning to switch transactions from Fiat to Crypto.
Enjoy, and take care of your health.
not many cryptos can be used for payment transactions. except on the use of their platforms. indeed the use of crypto can be a solution but what about the adoption of the use of crypto as a transaction tool itself? not many people use and understand the concept.
TrevorS
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March 17, 2020, 08:08:51 PM
 #91

Well this coronoa virus really make every market goes down. But, look with other perspective the price of BTC or any altcoin is cheaper than before. I think its make an oppurtunity to people for starting invest on it. Im sure the price will rise again as soon as possible.

Looking at the bitcoin charts, we can conclude that such investment opportunities fall at least once a year. I find it very funny.
After all, no other currency or financial asset in the world provides such opportunities. But someone manages to lose money during such global movements, and moreover.

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March 17, 2020, 08:35:10 PM
 #92

Calm down, everyone now waiting what will be the next, but spreading a FUD is not a way how we solve it right? Currently Bitcoin is above strong resistance line and now everythings look good, also stock market is stabilized due to FED interventions, but the question is if this is a permanent solution or not.  Roll Eyes

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March 17, 2020, 09:30:35 PM
 #93

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  Undecided
Yeah, the terrible coronavirus pushes prices first up, then down, then up again))) Does simple flu or tuberculosis not move prices up and down)? Every year, the whole world is affected by epidemics of acute respiratory infections (people die as well) And the press is silent and no one panic, and now everything is as if on command about the same thing.

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March 18, 2020, 02:05:04 AM
 #94

One question that is very simple, the decline of this market is staying up because of the occurrence of a pandemic virus outbreak. Is when the drug has been found will immediately restore the current state ?. Always think positive and wise

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March 18, 2020, 04:31:26 AM
 #95

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  Undecided
Yeah, the terrible coronavirus pushes prices first up, then down, then up again))) Does simple flu or tuberculosis not move prices up and down)? Every year, the whole world is affected by epidemics of acute respiratory infections (people die as well) And the press is silent and no one panic, and now everything is as if on command about the same thing.
at this time although the corona virus is not the top cause of death, because there are still other diseases that are more dangerous, but the spread of this virus is quite fast and can spread throughout the world. therefore it stops the economic sector because of reduced human activity, to kill the virus for at least 2 weeks

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March 18, 2020, 06:00:27 AM
 #96

One question that is very simple, the decline of this market is staying up because of the occurrence of a pandemic virus outbreak. Is when the drug has been found will immediately restore the current state ?. Always think positive and wise
Yes, I don't think the market will recover in the near future after the anti-virus drug was found, because before the corona virus, the crypto market also experienced a decline and was unable to recover in the near future, meaning that the causes of the current market decline are not entirely due corona virus, it is only a reason for conspiracy so that everyone is afraid of coronavirus.

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March 18, 2020, 06:16:42 AM
 #97

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  Undecided

I still believe that halving will make the price of bitcoin go up, but due to global market conditions that are still uncertain, I think maybe the price will not go too high. But when compared to other types of investments, I think an increase in bitcoin or other crypto will be more profitable

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March 18, 2020, 08:25:34 AM
 #98

The whole thing was really unexpected. If actually corona Virus is the cause of the market downtrend, then it will take some time for everything to normalise. People are still in a big scare of the virus and some major countries in lock down. I just hope the market retrace soon.
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March 18, 2020, 08:29:40 AM
 #99

You are very correct, but not just Bitcoin alone , but all economy in the whole world has been affected.
The most painful part about this virus is that ithas touches the countries strongly support  crypto. Movements has been restricted, no office work, no social gathering, no religion activities etc.
So it will really bring crypto down.
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March 18, 2020, 09:20:50 AM
 #100

It does not only damage our economy but its also damaging the crypto market.
Bitcoin before this COVID-19 news is quite promising that it will be bullish going to the halving schedule, butt there is a news, and things happened.

I believe the market can survive on this, right now I also think bitcoin is just undervalued, so the wise man surely knows what to do at the moment.
its gonna be KEEP BUYING AT DIP, and enjoy the bounce back when it comes .

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