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Author Topic: Do you think this is the news we need for market to recover  (Read 475 times)
fortunecrypto (OP)
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March 14, 2020, 04:20:46 PM
Last edit: March 14, 2020, 04:51:49 PM by fortunecrypto
 #1

Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?

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March 14, 2020, 04:26:36 PM
 #2

Probably yes,there will be a spike in the global economy if there is a vaccine or cure found for corona virus.But it probably needs lot more time to find the cure or any medicine that is why the panic is real in the market and also among people.

If someone can find medicine in the next one or two month it will greatly helps the price of bitcoin to invrease because we have halving approaching in the may so it will be perfect moment for anyone to get convinced to invest on bitcoin.
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March 14, 2020, 04:54:03 PM
 #3

Probably yes,there will be a spike in the global economy if there is a vaccine or cure found for corona virus.But it probably needs lot more time to find the cure or any medicine that is why the panic is real in the market and also among people.

If someone can find medicine in the next one or two month it will greatly helps the price of bitcoin to invrease because we have halving approaching in the may so it will be perfect moment for anyone to get convinced to invest on bitcoin.

I hope I'm wrong but the halving will not help the situation the news for the market to get up must come from the containment of this pandemic or a cure, even a news that a test is being done about it's cure is good news to the world, and for the market and the economy of the world.

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March 14, 2020, 05:09:00 PM
 #4

^Yesterday,I had seen that Thailand doctors found cure for corona virus on a local media news channel but I searched on WHO or other international social media to see is it real but there is no update yet there so many people are trying but still they are not 100% sure about the medicines found.

Oil price increase can help the market to recovery a bit which also affected as same as corona panic and oil price loss also happened due to corona so everything is correlated with it.
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March 14, 2020, 05:19:11 PM
 #5

Well, the damage has been already done. People are now panicked because of this coronavirus and I think nothing will change even if there is news regarding the vaccine. They already converted their crypto asset and turn into fiat and perhaps it takes a month before the crypto market will also cure and investors and traders are back into the business. Indeed, --let's wait for the crypto market price will resist after this huge dump happened.









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March 14, 2020, 05:32:19 PM
 #6

Well, the damage has been already done. People are now panicked because of this coronavirus and I think nothing will change even if there is news regarding the vaccine. They already converted their crypto asset and turn into fiat and perhaps it takes a month before the crypto market will also cure and investors and traders are back into the business. Indeed, --let's wait for the crypto market price will resist after this huge dump happened.

I believe people are ready to get back and do buy back once there is positive news, those who dumps are looking in the market and looking on the news if there break through news and in the position to get into the market, they know that the price is very low, but they want assurance, that this pandemic has an end.

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March 14, 2020, 05:44:52 PM
 #7

the effect that occurs on the crypto market is related to the weakening of a country's economy. although antivirus has been found later it will not quickly and easily stabilize the world economy. all require a process that I think it must take a long time. but I hope that updates from several platforms can help stabilize the crypto market faster.
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March 14, 2020, 05:52:46 PM
 #8

Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?
I'm sure one hundred percent of the market will recover if "WHO" announces the covid-19 vaccine has been found.  but before the good news arrived, the widespread panic could not be stopped, I see on the news every day that officials in many countries have been infected covid-19.  I am personally very worried Covid-19 entered my city because my wife's immune system is very weak, her chance of being infected with Covid-19 is very large, I hope the good news will soon arise.

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March 14, 2020, 05:53:40 PM
 #9

This corona virus has made the entire globe a serious threat, people now are only concerned about this disease rather than focusing in businesses etc. Many countries are literally scared and giving high awareness only to avoid public gathering, at this point of time most of the whales have already started to buy the coins in cheap prices from the panic sellers. I think it will take some time to recover the market till then pray that corona should go away.

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March 14, 2020, 06:02:18 PM
 #10

Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?

There are always economic crises inherent in capitalism. And these crises are always based on something. In my opinion, we are on the verge of such a crisis right now. Corona epidemic is such a big event that the modern world has not met for a long time. Moreover, in today's conditions where mobility has increased, its effects have been enormous. I think the answer to your question is yes, a future treatment will provide relief for the markets. But will it be enough for complete recovery, we will see this together.

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March 14, 2020, 06:31:05 PM
 #11

Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?

On average it takes 1.5 to 2 years to find vaccine for viruses like this. I am positive that in 2 years time markets will recover. Until then recession is inevitable.
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March 14, 2020, 06:46:53 PM
 #12

Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?

If that is the case, if the solution is eventually found, I mean a lasting solution, there will definitely be a positive change in the market trend.  I am still thinking if Coronavirus is what people are considering as an excuse to sell their assets.
This is an investment and for an investor to think that way, it means he does not still understand how to go about it.
The main reason I see to the fall is that the market is already in a panic state. So, more people are selling, not knowing what could be the next outcome, perhaps in a few days' time.

Well, let's see, perhaps if the solution is eventually provided, will there be a recovery?
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March 14, 2020, 08:36:55 PM
 #13

I think all this is nonsense. ordinary people do not have so many assets to make such a drop in prices. so many assets have been sold in recent weeks that you can buy anything for that amount of money. I think coronavirus is just the reason at which countries want to shift responsibility

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March 14, 2020, 08:38:31 PM
 #14

The solution has not been provided, so it's no news yet. Ordinarily, that some parts of the world are now ravaged by the outbreak of Coronavirus, does not necessitate that the entire market should drop. There are certain people who just feel, for every bad news, there should be a response from the market, which to them, must also not be palatable. So, they have decided that the only way they can cause serious panic at this time, is to contun=inue to spread more bad news about Coronavirus. Which they have done and have succeeded at it. We just need to be sensitive to some of these things even if you are not part of it.
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March 14, 2020, 08:46:27 PM
 #15

Yes, such positive news will definitely help restore confidence and markets can bounce back and i am already reading positive news, China has already controlled the virus and many other countries are also following the isolation method where this virus will self destruct in 2 weeks if not transferred.

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March 14, 2020, 09:11:54 PM
 #16

I think markets around the world including crypto market are in a state of shock at the moment and may take some time to recover from here while i think oil will not recover from here anytime soon because of its own specific fundamental and technical reasons while i expect gold to go down a bit more as well and as far as crypto market is concerned i think we may see a couple months of accumulation or range trading from here before markets comes back to life and recover.

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March 14, 2020, 09:12:24 PM
 #17

Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?

I strongly believe that once theres a cure to this pandemic, there will be resumption of stability in the crypto space.
The core decline was not even corona itself, it was the fear and the panic that soared after the pandemic roared across all continents.

I do really hope the cure is found soon, because every economies are on the decline in times as this.
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March 14, 2020, 09:40:54 PM
 #18

I think vaccine is already prepared for cronavirus both by American and Chinese authorities and both are in testing process and as far as i have heard they will be able to cure coronavirus patients within 3 hours of its injection. And this vaccine is anticipated to be ready for patients usage by as early as next month.
So if this was the market recovery news i think market will boom as soon as this vaccine will hit the market.

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March 14, 2020, 10:32:38 PM
 #19

Yes, the cessation and curbing of the spread of Coronavirus would surely bring about some recovery in the market. Currently most crypto enthusiasts are scared of the survival of cryptocurrencies looking at the fact that China which holds several mining companies is one of the countries affected to a great extent. I believe once we hear a good news about the developments of Coronavirus the crypto market as well as stocks is likely to recover.
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March 14, 2020, 10:49:11 PM
 #20

what if our medicine experts finally find the cure, will the market recover  because of this news?
The market will recover along with the handling of the coronavirus by every country in the world. The cure has found already but unfortunately, not all countries have it now. Every country needs cures to deal with infected people. And they must ensure their citizens that coronavirus isn't something very scary anymore. The infected people can recover, while normal people can prevent it in some proper ways. If all people have realized that no need to panic anymore, then the economic and financial sectors will recover (including the crypto market). IMO

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