Game Over?

[boltz]

It looks like a game over over the world in every stock in every company not only in Bitcoin....every price goes down and will keep going down as this is the effect of the Coronavirus spread. Some of us think that this will effect the world population 1-3 years from now but don't panic as great opportunities will arrive ( like Bitcoin 3k$ , this is what I'm hoping ) but for now keep your assets in cash , don't convert anything into stocks or deposit them to banks etc.

[ballerin and giroud]

I've been watching the market movement time by time and I was just palsied to see their price movement just down and down. We can see them right now, I use coinmarkertcap for my alternative to see the price movement. Bitcoin price has fallen 5% at this night and many altcoins price as well who meet the decrease price. I dunno know this thing will be last, clearly I have broke a lot . I store my money into XRP a few week before and Intended to store them at least to follow the bitcoin halving event.

[Yamifoud]

Shitcoins becoming shit again and that was game over for them but not in those coins that are performing so well.
I'm not really confident that the market will surge high this year since there is a global economic problem existed but I'm not thinking that crypto will die. I remember this scenario back after the 2017 Bullrun and a lot of people think negatively that time and thinking a sinking crypto market but they are wrong and can also be wrong this time again.

[leea-1334]

Shitcoins becoming shit again and that was game over for them but not in those coins that are performing so well.
I'm not really confident that the market will surge high this year since there is a global economic problem existed but I'm not thinking that crypto will die. I remember this scenario back after the 2017 Bullrun and a lot of people think negatively that time and thinking a sinking crypto market but they are wrong and can also be wrong this time again.

Shitcoins become shit again implies that at some point they were never shit or found a way to trascend shitdom. This never happened. They were always shit no matter what price they were at. Remember, people were wrong and will continue to be wrong many times. If we feel we are so certain of something, this is when we are wrong.

[cunguks]

Shitcoins becoming shit again and that was game over for them but not in those coins that are performing so well.
I'm not really confident that the market will surge high this year since there is a global economic problem existed but I'm not thinking that crypto will die. I remember this scenario back after the 2017 Bullrun and a lot of people think negatively that time and thinking a sinking crypto market but they are wrong and can also be wrong this time again.

Shitcoins become shit again implies that at some point they were never shit or found a way to trascend shitdom. This never happened. They were always shit no matter what price they were at. Remember, people were wrong and will continue to be wrong many times. If we feel we are so certain of something, this is when we are wrong.

You are right, shitcoin will still be shitcoin. some major updates made may not succeed in turning them into good coins. they just want to deceive the doubtful then go and disappear.

[imstillthebest]

let say the dump for example has a connection with corona virus  , i still dont believe that the virus is forever so the dump wont also be forever  but you said there is no relation with the virus and the dump , so that still means that the dump is not forever because this is not the first time that a dump happens  . its normal for cryptos to go down  and it does not matter if we are now on a long year on a long time but infact the drop will become harder the more people gets involved on cryptos because the more people also sells compare to before when few people are only involved on cryptos

[yanto@1977]

I appreciate your opinion but the fact is corona the real problem. Because Corona many country in slowly economy and their currency dump when pairs with USD, lost a lot of value. Some people connected with history but I'm really sure history need more than 100 years as proof, bitcoin not so old. This is not over yet, there's chance to recover your asset when halving. Or you can cut loss and try another profitable activity out side bitcoin world, don't panic and afraid we all have the same situation.

[peter0425]

actually for me?this is another start and not Game Over lol.

Now i can Buy Bitcoin and other altcoins so why need to stop the world just because of this Corona Virus effect?

Shitcoins becoming shit again

but sometimes it is good to Buy these shitcoins because they have too cheap value but there are chances this will be Pumped by whales right?

[mahilchii]

This is not for the first time crypto downfall is happening in the history of crypto currency, I agree most of them are really worried after this dump but there are some unrealistic things which might happen in crypto and no one couldn't believe that. As a believer I will buy the dip in the same way as I bought last time, trust crypto for a betterment that's all I can say you now.

[Stedsm]

If what you are saying is true, this looks like a pre-planned negative rally thought by some big minds but waiting for a time, a time when fear could be spread among people (investors here) and what time can be better than throwing their balls against us when we are already under fear? Literally, even I think that crypto is not controlled by anybody but then, after watching these rampant psychos playing it so fucking easy on us, I believe that they can even sell this thing down to 0 some day. But that's not gonna be seen so soon, and this is also a new opportunity created by them, for themselves. So, belief is all it takes to be in the game or just leave it as it is and do nothing. Buying right now is not a good alternative based on what I'm analyzing and some even pressurized drops could happen lately when the environment stabilizes and bulls will try to take over. There's still one more leg downside possible.

[Thomas-s]

This is not for the first time crypto downfall is happening in the history of crypto currency, I agree most of them are really worried after this dump but there are some unrealistic things which might happen in crypto and no one couldn't believe that. As a believer I will buy the dip in the same way as I bought last time, trust crypto for a betterment that's all I can say you now.

I also choose a strategy to buy dip. Now is a great time for those people who have money to buy cryptocurrency. cryptocurrencies will survive and survive this crisis. it will prove that they exist for a reason. and when they come back all who panicked will regret their actions

[seleme]

And... we are back below 60 billion...

However, the point I am making, is not about the prospect of massive negative gains to be posted within a broad specter of Altcoins.

The point is, there is totally no connection between what happens to crypto right now and COVID-19. There are no essential ties between traditional markets, DJI etc. and crypto.

Whats next?

There is no direct connection between the Coronavirus and crypto markets but there is a correlation among all parts of global financial markets. If one hand the OIL markets crash-->it affects--->Stock shares--->turn of forex market--->Welcome to manipulated crypto market. 

[milewilda]

This is not for the first time crypto downfall is happening in the history of crypto currency, I agree most of them are really worried after this dump but there are some unrealistic things which might happen in crypto and no one couldn't believe that. As a believer I will buy the dip in the same way as I bought last time, trust crypto for a betterment that's all I can say you now.

I also choose a strategy to buy dip. Now is a great time for those people who have money to buy cryptocurrency. cryptocurrencies will survive and survive this crisis. it will prove that they exist for a reason. and when they come back all who panicked will regret their actions

If we do just try to go back to those years where worst thing do happen or shall we say those bearish times then we can actually tell that this isnt the end.
This had been always a part of a market and there are people who arent get used to it anytime they do experience loss of capital or investment when
the market tends to go down.

There is no direct connection between the Coronavirus and crypto markets but there is a correlation among all parts of global financial markets. If one hand the OIL markets crash-->it affects--->Stock shares--->turn of forex market--->Welcome to manipulated crypto market. 

I agree to this sentiment we cant precisely tell that they do have that correlation thing but we can really presume that they are inter-connected.

[asriloni]

EOS at 20cent? I will gladly buy many, I'm not that scared because the market is falling hard now, the risk part is investing in new altcoins, if top altcoins goes deep down I will gladly buy many

What about when the market is going down even deeper than before? as far as I know if the price of eos can go even deeper too straight with what happened to the crypto market. This is not the end for crypto but I personally will try to avoid to buy the major coin. The global recession can happen anytime and this can put the majority of the stake holders even in the big companies to leave the market instantly.

[distr@yopmail.com]

EOS at 20cent? I will gladly buy many, I'm not that scared because the market is falling hard now, the risk part is investing in new altcoins, if top altcoins goes deep down I will gladly buy many

What about when the market is going down even deeper than before? as far as I know if the price of eos can go even deeper too straight with what happened to the crypto market. This is not the end for crypto but I personally will try to avoid to buy the major coin. The global recession can happen anytime and this can put the majority of the stake holders even in the big companies to leave the market instantly.

the condition is indeed very confusing at the moment. I want to try trading in this market situation but there is a slight movement that makes me think about trading again. maybe I will wait for the market to get better to start trading again.

[Slow death]

you wrote a lot and it seems to me that you didn't realize that this is a temporary situation, probably in a few months (from the end of December) the prices will start to recover, because people will be more mature to face this coronavirus in the best way possible way. currently the panic is very big and the conditions to fight the coronavirus are very low, there is no way to think that many people would be running to buy altcoins in a moment of sadness like the one we are experiencing

[xvids]

No it isn't the end we are just facing a calamity right now,
This would soon be over when the corona virus get's cured it would slowly rise up.
Right now some of us doesn't really care about the price they are more concern about their safety on the virus.
But I think if they have extra money now would be a great time to accumulate.

[BuNga_cute]

It is true that there is no relation between the corona virus and cryptocurrency, which happens only panic among investors. And something
like this it is common in the world of cryptocurrency, no need to worry too much. There is we just need to be patient a little more until the
situation the world returns to normal. Now the whole world is again focused on fighting against the corona virus, so as a result there is
a global economic crisis. So it's natural the cryptocurrency market is affected. But in my opinion what is happening right now is not game over,
just wait in the next few weeks things will improve. My advice is just hold the coins you have, because the current situation is only temporary.

[Natalim]

There is no game over for crypto, it will just dump, maybe hard enough but its still here and one day it will recover and people will get FOMO.
Haven't we seen the trend of the market? Why are we so panic with what is happening, we might be seeing our economy being affected badly, but this is a trial that we will surpass soon and with that said, I have no doubt that altcoins will recover soon.

[leea-1334]

It looks like a game over over the world in every stock in every company not only in Bitcoin....every price goes down and will keep going down as this is the effect of the Coronavirus spread. Some of us think that this will effect the world population 1-3 years from now but don't panic as great opportunities will arrive ( like Bitcoin 3k$ , this is what I'm hoping ) but for now keep your assets in cash , don't convert anything into stocks or deposit them to banks etc.

Then you have surely not looked at the stock markets properly. Yes, in general everything is down and some are drastically down but some are actually staying up better than others. Besides, we all know stock markets do this in a cycle, the same as bitcoin and crypto markets. This is the worse than a bad economy can do? 5.5k btc? Please;)