Bitcoin Forum
November 14, 2024, 11:23:19 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Three Ways the Coronavirus Market Correction Could Play Out  (Read 136 times)
OGEOS (OP)
Jr. Member
*
Offline Offline

Activity: 191
Merit: 3


View Profile
March 30, 2020, 09:43:20 AM
 #1

It is no secret that the outbreak of Covid-19 has wreaked havoc on the world and its economy. The stock market has taken and continues to take a massive hit, and we are only just beginning to see just how bad things are going to get.

While things may be bad now, there is a light at the end of every tunnel. Eventually, the pandemic will simmer down, and the markets will begin to recover. Here are three ways this could play out: https://itsblockchain.com/coronavirus-market/

Which way do you think it will go?
Cratoon
Full Member
***
Offline Offline

Activity: 896
Merit: 104


https://paradice.in/?c=bitcointalk


View Profile WWW
March 30, 2020, 10:29:58 AM
 #2

It is no secret that the outbreak of Covid-19 has wreaked havoc on the world and its economy. The stock market has taken and continues to take a massive hit, and we are only just beginning to see just how bad things are going to get.

While things may be bad now, there is a light at the end of every tunnel. Eventually, the pandemic will simmer down, and the markets will begin to recover. Here are three ways this could play out: https://itsblockchain.com/coronavirus-market/

Which way do you think it will go?


If the covid19 crashes the economy (and from here it looks like a possible scenario) then the crypto and specifically BTC will become the new every day money. Perhaps people will use something faster like XRP as an option. 
philipma1957
Legendary
*
Online Online

Activity: 4312
Merit: 8846


'The right to privacy matters'


View Profile WWW
March 30, 2020, 12:01:03 PM
 #3

It would boost Doge coin  and LTC   more transactions and lower fees.

They would be like small change.  BTC would be more for wealth storage.

More demand for space heater miners in your home.  I would think a company like Delongi  has a real opportunity to embrace mining.

Delongli makes make different style electric space heaters.  I can not link to them as per rules of this board.
xtraelv
Legendary
*
Offline Offline

Activity: 1288
Merit: 1926


฿ear ride on the rainbow slide


View Profile
April 02, 2020, 05:15:38 AM
 #4

It is no secret that the outbreak of Covid-19 has wreaked havoc on the world and its economy. The stock market has taken and continues to take a massive hit, and we are only just beginning to see just how bad things are going to get.

While things may be bad now, there is a light at the end of every tunnel. Eventually, the pandemic will simmer down, and the markets will begin to recover. Here are three ways this could play out: https://itsblockchain.com/coronavirus-market/

Which way do you think it will go?


The economy is the last thing to worry about. If this virus over-runs the healthcare system there will be systemic failures. People won't be able to afford to eat. Production and distribution of essentials may stop. Potential systemic failure, mass unemployment, starvation and in some countries lots of angry citizens with guns.  Some cities / countries will have riots, looting and horrendous death tolls. Other countries will beat the virus.
https://www.youtube.com/watch?v=UtjGTrVwRr4

Politicians need to work together - otherwise it will be too late. No point fighting over ashes.
franky1
Legendary
*
Offline Offline

Activity: 4410
Merit: 4766



View Profile
April 02, 2020, 09:27:07 PM
 #5

this 'isolation' period. is not a period where people are becoming immune at home.. they are just delaying getting it later

i done some math base on the r0 infectious numbers of corona.
if there were no isolation no shutting down airports. it would have got around by first week of june for al 7bill
with 80% no-symptom, 14% mild symptomatic, and 6% severe (of which 2% critical/death risk)
has it that at start of may. 200m infected. 27m. mild 12m severe

however with isolation. starting in march for most countries. then this a 1-2month lag. expect it to go all the way through summer
we are not going to see business as usual in spring time nor most of summer

as for which industries will be impacted more or less
travel industry,, less profit at year end. expect lows
real estate/property industry. less profit. expect lows

insurance industry. well paid by government. more profit. expect highs
web service/home delivery industry.. more profit. expect highs
retail fashion/electrons. less profit. expect lows. expect a few companies closing for good
food commodities. can become an over production(too much supply by the time its harvested) thus sold cheap. expect lows
retail grocery. more profit. expect stable/higher

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!