Game Over?

[Natalim]

No matter what the market will recover, if what is happening right now e.g Coronavirus happened years back it would have done some huge damages but now crypto is more than just a startup technology

More than just a startup technology ? But the corona virus outbreak is affecting the bitcoin market. The drop in price is evident. I think that with time, the effect will go away away because different governments have shut down in a bid to reduce the spread. Hodlers are selling off and that is why price is dropping.

Actually that's the reason why the economy is down now, when the government lock down cities and provinces, people can't work and can do business, which means they can't contribute to the government through taxes, now it's time for the government to give the people's need and that would make the economy down. Only when this pandemic is over where we can say that the economy will recover, for now, we are just hoping.

[coinfinger]

I have played A LOT of games while in this isolation stage and I can tell you that game over doesn't happen this way, this doesn't skim the surface for what happens when game over. Just go look at plague inc. when you are successful your start is a lot more infection related and a lot less dead related because you first want to infect everyone and not kill them so you would be not seen as bad but seen as harmless before you can start to kill everyone.

Economically speaking, even 2008 was worse than this and there was a tangible problem there, the world was in big debt that they couldn't pay, there was money load that didn't existed so there was no money to repay as well since it didn't existed, which created a dilemma, how do you pay a loan that doesn't exist with money that is not available, this is nothing like that. We at least have some sort of problem that we can see.

[jossiel]

It's true that there's no connection to covid and crypto but as we can see, this massive drop has lead many to panic which we're straightly affected now by the virus. It's the emotion of the people that made the cap down.

It's not a gameover, this is part of the volatility that we have accepted when we entered cryptocurrencies. And people who still rely with the news about mainnet launching, partnerships and other news that brings hype to investors will get to notice that it's no longer worth it.

[itsv]

It's true that there's no connection to covid and crypto but as we can see, this massive drop has lead many to panic which we're straightly affected now by the virus. It's the emotion of the people that made the cap down.

i think the drop was the result of the massive dump of 13,000 Bitcoins worth $105 million by plus ponzi scheme and add leverage trading and bitmex to that equation and we get the panic selling.

Well yes Game Over for the centralized financial system .The rate at which banks are printing dollars, which will eventually deflate its value, people might eventually start looking for alternative means of payments outside of governments and banks. That could be the glory moment Bitcoin had been waiting for.

[btc78]

We are 122$billion back again so maybe the end is not yet to come or better say will never be?

yeah i can feel you all whenever the price of our Beloved Bitcoin seems drowning but we also knew it will comeback right?how many times this happens?
back last year we had more lower value right?

so maybe we can say this is the end of Bear market and the Bull is coming very soon.

[jossiel]

It's true that there's no connection to covid and crypto but as we can see, this massive drop has lead many to panic which we're straightly affected now by the virus. It's the emotion of the people that made the cap down.

i think the drop was the result of the massive dump of 13,000 Bitcoins worth $105 million by plus ponzi scheme and add leverage trading and bitmex to that equation and we get the panic selling.

Well yes Game Over for the centralized financial system .The rate at which banks are printing dollars, which will eventually deflate its value, people might eventually start looking for alternative means of payments outside of governments and banks. That could be the glory moment Bitcoin had been waiting for.

The plustoken drop is part of it but it was followed by the massive selling of the people who were in panic due to the virus. Buying of the things in need since lockdowns were announced in different parts of the world.

The FED just announced or they already did printed cash for this matter. I'll apply patience on this pandemic if it's for my investments in bitcoin and alts.

[Natalim]

The FED just announced or they already did printed cash for this matter. I'll apply patience on this pandemic if it's for my investments in bitcoin and alts.

They'll print infinite cash, this is one of the reason why crypto is getting better now, crypto is different, we don't do that, we based on fix supply only so the price would certainly rise due to the increase of demand, i'd say, fiat is the greatest scam in the world.

[luckyflop]

It's true that there's no connection to covid and crypto but as we can see, this massive drop has lead many to panic which we're straightly affected now by the virus. It's the emotion of the people that made the cap down.

i think the drop was the result of the massive dump of 13,000 Bitcoins worth $105 million by plus ponzi scheme and add leverage trading and bitmex to that equation and we get the panic selling.

Well yes Game Over for the centralized financial system .The rate at which banks are printing dollars, which will eventually deflate its value, people might eventually start looking for alternative means of payments outside of governments and banks. That could be the glory moment Bitcoin had been waiting for.

That's a small amount of money for this market, so I think that's not the main reason why the entire market collapsed like it is now. Many people say that the epidemic has caused investors to panic and leave the market, and I think that is the main reason

[cotton ball]

Game over with bitcoin and altcoin because close with bitcoin halving time price of cryptocurrency is not wake up to higher price and keep going down, after have economic crisis and Corona virus make bitcoin and altcoin become down and drop drastically with lower price.

[KTChampions]

~
The plustoken drop is part of it but it was followed by the massive selling of the people who were in panic due to the virus. Buying of the things in need since lockdowns were announced in different parts of the world.

The FED just announced or they already did printed cash for this matter. I'll apply patience on this pandemic if it's for my investments in bitcoin and alts.

If you expect inflation due to the fact that the FED prints trillions, then you probably will not see it. The FED is printing trillions in order to break the bankruptcy chain in the real economy where more trillions have already burned or are burning at the moment.

[jossiel]

The FED just announced or they already did printed cash for this matter. I'll apply patience on this pandemic if it's for my investments in bitcoin and alts.

They'll print infinite cash, this is one of the reason why crypto is getting better now, crypto is different, we don't do that, we based on fix supply only so the price would certainly rise due to the increase of demand, i'd say, fiat is the greatest scam in the world.

Yes.

The fixed supply of bitcoin is what making it better than the cash that will print unlimitedly because they need funds to fight this pandemic. CMIIW, trillions will be or probably printed already for helping the affected communities by this disease.

We'll eventually see the positive effect of it and might be the quick recovery of bitcoin last time was one of it.

[Shasha80]

In my opinion not all altcoins will be game over, because some altcoins that have strong fundamentals will be safe and will still survive.
Many people panic and are pessimistic about current market conditions, which have worsened due to the corona virus. But actually we
don't need to panic because we often experience several bad market conditions like this. And can always get past it, and therefore
remain optimistic hold coins that you think have good potential.

[leea-1334]

It's true that there's no connection to covid and crypto but as we can see, this massive drop has lead many to panic which we're straightly affected now by the virus. It's the emotion of the people that made the cap down.

It's not a gameover, this is part of the volatility that we have accepted when we entered cryptocurrencies. And people who still rely with the news about mainnet launching, partnerships and other news that brings hype to investors will get to notice that it's no longer worth it.

I do get some of the panic to be fair,,, Bitcoin had its worst day on record of 24 hour slides. And this cannot really be compared to all the past events which happened when bitcoin market cap was so low and volume plus trade could be manipulated more easily. This happened in today's huge global market so it scared everybody.

But you are right, this is absolutely not game over!

[bitkanu]

In my opinion not all altcoins will be game over, because some altcoins that have strong fundamentals will be safe and will still survive.
Many people panic and are pessimistic about current market conditions, which have worsened due to the corona virus. But actually we
don't need to panic because we often experience several bad market conditions like this. And can always get past it, and therefore
remain optimistic hold coins that you think have good potential.

I have seen more than 1000 times people said the same thing anytime even since the bitcoin was born in the past. Just because crypto faced a big dump and it doesn't mean a game over for crypto. This is just the beginning for the crypto adoption. It looks like the guy who has said if crypto was gameover just feel panic.

[jossiel]

It's true that there's no connection to covid and crypto but as we can see, this massive drop has lead many to panic which we're straightly affected now by the virus. It's the emotion of the people that made the cap down.

It's not a gameover, this is part of the volatility that we have accepted when we entered cryptocurrencies. And people who still rely with the news about mainnet launching, partnerships and other news that brings hype to investors will get to notice that it's no longer worth it.

I do get some of the panic to be fair,,, Bitcoin had its worst day on record of 24 hour slides. And this cannot really be compared to all the past events which happened when bitcoin market cap was so low and volume plus trade could be manipulated more easily. This happened in today's huge global market so it scared everybody.

But you are right, this is absolutely not game over!

Bitcoin showed us many times how strong it was.

These huge dumps that happened lately were just part of its nature and we can't avoid this if this happens in the future. But I'm moving forward and optimistic of the possible huge bounce back that it will show as it fuels back.

Not a chartists but very positive that it's hard to see and say even in the near future that it'll be a game over.

[RealMalatesta]

Bitcoin or crypto in general could never be game over. However there could be game over currencies when this kind of low happens.

What people do not realize that when a coin or a token or basically any project is already having a hard time trying to survive and when things are not going well for them, that means they might die because of this, they were already doing bad so when this happens they are just game over, when all else recovers they are considered dead and never recover.

So, game over does happen for some projects, I know not many, and I know most of them even deserves to end so I am not really to sad about it, but we also can't say that it is not game over for some of the projects, we can't just act like everything is fine. Sure it is for the top ones but the bottom ones are dying because of this.

[ballerin and giroud]

In my opinion not all altcoins will be game over, because some altcoins that have strong fundamentals will be safe and will still survive.
Many people panic and are pessimistic about current market conditions, which have worsened due to the corona virus. But actually we
don't need to panic because we often experience several bad market conditions like this. And can always get past it, and therefore
remain optimistic hold coins that you think have good potential.

That is true, the people just have a bad view to most altcoin which I think that's too much. I have an altcoin which is in position 1000 on coinmarketcap, but you have to know the altcoin is increasing day by day even they pass this situation (coronavirus) so as it now in 900 position at there. I have been profited and I never make a decision to sell them although the pump and dump scheme will most likely be happen but I will trust to the altcoin. The amount of altcoin are much on coinmarketcap but not all of them are worthless and being shitcoin, there will be some developer who still care and they always try to make some development again theie coin and able to up the coin/token price.

[FanEagle]

FED printing money will never be the solution to anything ever, not today not in history and not in the future. What it does is put a bandate on an arm that is cut from the body, it is not really fixing the situation. Would it help stop bleeding for a while? Maybe, but while stopping it will get ruined as well and will require another bandate, in this case another bail out.

So, if you keep giving companies bail outs as many times as they fail, those companies will never learn anything from it and they will continue to be risky with their investments and keep on bankrupting and asking for bail outs, because they know that government will not let them go bankrupt. They also pay these people bribes as well so that they would help them get those bail outs in return when things go bad.

[maydna]

In my opinion not all altcoins will be game over, because some altcoins that have strong fundamentals will be safe and will still survive.
Many people panic and are pessimistic about current market conditions, which have worsened due to the corona virus. But actually we
don't need to panic because we often experience several bad market conditions like this. And can always get past it, and therefore
remain optimistic hold coins that you think have good potential.

I have seen more than 1000 times people said the same thing anytime even since the bitcoin was born in the past. Just because crypto faced a big dump and it doesn't mean a game over for crypto. This is just the beginning for the crypto adoption. It looks like the guy who has said if crypto was gameover just feel panic.

Yes, you are right. We need to stay calm when we heard that news because that news has been created by people who don't like bitcoin, and they are telling fake news to people to make a panic to them. Perhaps, people who panic to see the market fallen don't have the right information about bitcoin so they cannot calm down, and they sell their bitcoin in fast. There will be more fake news like that to make people panic, but the dump of the crypto price is not the end of the crypto because the crypto will be rise again in the future.

[btc78]

The FED just announced or they already did printed cash for this matter. I'll apply patience on this pandemic if it's for my investments in bitcoin and alts.

They'll print infinite cash, this is one of the reason why crypto is getting better now, crypto is different, we don't do that, we based on fix supply only so the price would certainly rise due to the increase of demand, i'd say, fiat is the greatest scam in the world.

and thats why we are much better than Fiat because of the limited volume and cannot be copied more,and this will make crypto better in future if people finds this against Paper money.

and there is no Game over happening because for me this is another good time to start investing again.