How Coronavirus affects Bitcoin and when it will end

[HardFacts]

It is safe to say now that coronavirus was behind the markets crash, stock, oil as well as Bitcoin.

TOTALLY WRONG....

This is what a simple minded fool would say.   The ECONOMIC BUBBLE was the reason for such a huge crash, everyone knew the stock market was massively overvalued ( except this fool ), the Corona Virus was just the pin that popped the bubble.

Oil was crashed because Russia walked out of OPEC+ , refusing to reduce output during a time of reduced demand.

Seriously, why would anyone listen to such an uninformed, dumb fool that likes to talk about things he obviously knows nothing about ?  We all know the type  

Hard Facts

[elenag1042]

Nobody realizes to what extent this will be and how profound the cost can go.
We have no chance to get of knowing these things, and I think right now we ought to be at the top, our wellbeing isn't our fortune,
We ought to be egotistical and not stress over the life of others.

[kezinaur14]

According to the Reuters, China is successfully fighting Coronavirus and they reported that more people are cured from the virus than died.

It is safe to say now that coronavirus was behind the markets crash, stock, oil as well as Bitcoin.

So how does this affect the markets?

If it's to be trusted, China says the pandemic should end around June: https://www.reuters.com/article/us-health-coronavirus/trump-stops-europe-flights-china-says-coronavirus-could-end-by-june-idUSKBN20Z0DY

Until then, you can count on prices dropping. When you look back at it, prices started dropping around the same time coronavirus was introduced by the media and fear started spreading.

If we are to expect the fear continues into June, prices should keep falling until June.

Be patient until June and then buy.

Ohh boy, the way this aged... Currently I think we haven't seen the real worst of it, the real effect will kick in with a delay, once china's factories that haven't been able to produce / ship their products to the rest of the world and we start realizing how badly we depend on their workforce, everything in the tech industry will be affected by it.

Now Bitcoin itself I don't think will be affected in a greater way than it already has, have you seen, however, petrol price today? Shit dumped faster than I've ever seen BTC crash...

[Rono]

COVID-19 spread all of a sudden in Wuhan state and now all over the world.Many country are now fight back to virus.we see Fast world country are facing the difficulties there is an issue with safety equipment and so on.Normal currency causes to spread the virus.so people use digital way. This situation  digital currency can replace this time.I have seen many people use digital assets and also digital Currency. COVID-19 causes many people jobless and now they are switching their work to different platform.In march around 20 percent of global population are under lockdown. Though corona virus ends there will lot more things come such economics war and bitcoin also suffer this time.When economy breakdown every sectors are facing difficulty not only bitcoin.

[online73]

Hello everybody. In the situation with coronavirus there is a lot of far-fetched, especially idiotic statements by politicians who have absolutely nothing to do with virology. Personally, I only listen to virologists, basically, they agree that we all should get sick and only then will resistance to this disease appear. Yes, it’s a terrible disease, politicians who are not clean at hand can not get past this problem, they make the picture even more dull. It is not known exactly when all this will end, maybe this summer, maybe the next, - the disease is not subject to political elites, it will end when it ends, and not when any president orders it. Of course, all markets collapsed in the wake of this pandemic, although many experts doubt that all this disgrace can be called a pandemic. But Bitcoin is no exception, unfortunately, the whole cryptocurrency has fallen in price. The only thing I’m sure of is that we will not die even now, most likely the bitcoin rate will still drop. With each month of quarantine, the purchasing power of the population decreases, it is logical if the rate breaks even the last minimum. Time will tell.

[Asuspawer09]

We do not yet know how long the outbreak of the coronavirus will last. It will depend on the discovery of an effective and readily available vaccine. The vaccine may actually have a few more years in the overall field in the next one year. It is very difficult to say how Bitcoin is affected by the Corona virus crisis. But everyone should be mentally prepared for this.

Pandemic is probably going to last for years around the globe a lot of countries have low cases of COVID-19 but there are also a lot of countries that still don't even recover from the pandemic.

We market is already recovering from the dumps in the past months that I could probably say because of the pandemic or effects of the pandemic in the market but for sure the market is already recovering and sustaining its market price we could even see bitcoin market price back to 9k$.

[verita1]

We have arrived in June and the predictions for China have failed. The Coronavirus continues to spread in the USA and Brazil among the countries that move the economy in the American continent and around the world. For its part, Bitcoin despite the crisis maintains a resistance to 9K. If we stay like this it is a sign that Bitcoin can withstand this terrible situation that affects us all.
When should it finish?
We don't know exactly it just depends on God, us and science.
We still do not see the curve of people affected by the covdi19 decrease. It is possible that the crisis will over in the short term 1 year once the vaccine is available.

[noormcs5]

We have arrived in June and the predictions for China have failed. The Coronavirus continues to spread in the USA and Brazil among the countries that move the economy in the American continent and around the world. For its part, Bitcoin despite the crisis maintains a resistance to 9K. If we stay like this it is a sign that Bitcoin can withstand this terrible situation that affects us all.
When should it finish?
We don't know exactly it just depends on God, us and science.
We still do not see the curve of people affected by the covdi19 decrease. It is possible that the crisis will over in the short term 1 year once the vaccine is available.

No one knows how and when this covid-19 will end. People used to say that in summer this deadly virus will be killed automatically but that does not happen. All the Myths about corona virus are proving wrong and there is no good news about the creation of its vaccine.

The only good news is that bitcoin is quite stable even in this bad economic situation.

[GeorgeJohn]

COVID-19 spread all of a sudden in Wuhan state and now all over the world.Many country are now fight back to virus.we see Fast world country are facing the difficulties there is an issue with safety equipment and so on.Normal currency causes to spread the virus.so people use digital way. This situation  digital currency can replace this time.I have seen many people use digital assets and also digital Currency. COVID-19 causes many people jobless and now they are switching their work to different platform.In march around 20 percent of global population are under lockdown. Though corona virus ends there will lot more things come such economics war and bitcoin also suffer this time.When economy breakdown every sectors are facing difficulty not only bitcoin.

I think while it spread like that is because their was no adequate care or treatment of it from initial, them the virus has spread from one country to another country, assuming world health organization (WHO) research immediately for the possible vaccine that will eliminate the symptoms of corona virus, it won't has gone viral to extent damaging worldwide, with its occurrence  in society it caused a lot of disaster across nation. And is obvious that corona virus did not caused harm to only human life alone but also includes infrastructure and economy shortage, even currencies, which is disvalue of currency in some countries and increments of currency in other countries, which it really affects cryptocurrency industry.

[sayaya17]

Now it’s over the month of June, even the end of 2020. Coronavirus is still continuing, and until now, it has not circulated the manufacture
of vaccines because there is no suitable to deal with the coronavirus. However, due to the impact of this pandemic, many countries
are experiencing economic recession, in each country there is a lot of inflation, so fiat becomes weak. It also decimated economic growth.
But the effect for bitcoin and crypto, this becomes an alternative investment option, as many investors and large companies transfer their
assets to bitcoin. That’s because the stock market is also experiencing price setbacks. Investors and entrepreneurs don’t want to lose their money.
Perhaps by buying bitcoin, their assets will be safe from inflation. and bitcoin and other crypto are on the rise. From March until now,
bitcoin has increased by over 370%.

[Hamphser]

We have arrived in June and the predictions for China have failed. The Coronavirus continues to spread in the USA and Brazil among the countries that move the economy in the American continent and around the world. For its part, Bitcoin despite the crisis maintains a resistance to 9K. If we stay like this it is a sign that Bitcoin can withstand this terrible situation that affects us all.
When should it finish?
We don't know exactly it just depends on God, us and science.
We still do not see the curve of people affected by the covdi19 decrease. It is possible that the crisis will over in the short term 1 year once the vaccine is available.

No one knows how and when this covid-19 will end. People used to say that in summer this deadly virus will be killed automatically but that does not happen. All the Myths about corona virus are proving wrong and there is no good news about the creation of its vaccine.

The only good news is that bitcoin is quite stable even in this bad economic situation.

It might sound hopeless but some big pharmaceuticals are already in phase 3 on creating the vaccine which means we are almost there.

https://www.pfizer.com/news/press-release/press-release-detail/pfizer-and-biontech-conclude-phase-3-study-covid-19-vaccine
https://www.bbc.com/news/health-54986208

We are all hoping for these cure to be created and would be given out to masses.
About on the question affecting bitcoin then its irrelevant.

[AjithBtc]

It was a thread created during the starting days of covid-19. Now things have changed a lot and the drastic changes in the number of people getting affected. In my state it went to the peak of more than 10000 people getting affected every day. Now this count have come less than 250 people per day. Everyone thought corona would affect or disturb the growth of bitcoin, but things took place in the opposite way that none have thought.

[Crptomagma]

The whole issue is still not certain and I don’t think can give a good prediction about when the virus because the last I checked China claimed to have discovered the vaccine but nobody wants to be vaccinated because they are not sure of about the vaccine, I guess.

The impact of Corona virus is global as many sectors if not all sectors of the world was shaken by the virus. The corona virus had both positive and negative effects in most sectors. The Corona made some products to be appreciated and the demand became high whereas many products were devalued during these period.