Do Not Pray for an Economic Crisis!

[raidarksword]

No ones really wanted to have an Economic crisis because it's a bad image of the world economy but sometimes we cannot control over it and appeared it as we not expecting to happened, that's the corona virus effect.  People expected too much and bitcoin halving in fact created a hype what's gonna be the outcome after the halving but unfortunately it didn't took too much effect the price remains as it is. Then, pandemic hits and that's the focal point what made the price dumped because of the panic of people wanted to cash out to get ready of any worst to happened. Luckily, bitcoin is doing stable now with price to $9000 and that's the good sign of recovery from all the threat of corona virus.

[Negotiation]

The virus usually affects the economy of each country Fear weakens the human immune system No one will panic He expressed confidence in God and said We are a victorious nation Together we will be able to prevent coronavirus epidemics until we get vaccinated. However this bad situation did not have any effect on Bitcoin As the world economy worsens so does the rise in the price of Bitcoin.

[abhiseshakana]

No one will want economy crisis. But to be honest. Economy crisis will favour some and affect some negatively. Apart from bitcoin, Stock market and many loosing their job, there are a lot of positivity in economy.
Due to current pandemic, many have brought great ideas to them self to sustain and instead of this being useful to only them. It has been favourable to most people who know them too or around them.

Destruction is the number 1 job of a CEO. Survival is the desired goal for the business. Sometimes there is a factor X or fast-paced change that requires the CEO to destroy the joints of success in the past because the joints of success have lost their relevance. The old model is destroyed and builds a new model with creative destruction.

Maybe for ordinary people, the economic crisis is a disaster, but for the owner of the system, the economic crisis can be a system of alerts that are not appropriate or the system owner can indeed know that a crisis is coming or even those who create a crisis as creative destruction. The system maker is skilled and skilled in the twists and turns of the global economy. The survival of the system owner and the sustainability of the system aims to make the achievement of interests or success lasting. So the main goal that controls the world economy is to make their wealth bigger and make their title as the ruler of the world's eternal wealth.

[shoreno]

and why will we pray for a crisis ? thats too evil but crazy people might be doing that and they are succesful because we are now on the crisis and it takes too long for it to be removed . this crisis is enough and we dont want another one because economy will evenly go down the drain and peoples are going to suffer more.  price of crypto wont go anywhere , we dont want that to happen because cryptos can help us when we can sell at higher price .

[michellee]

I think now almost all countries can adapt to the COVID-19 pandemic, and are on the right track to deal with COVID-19. So it is only a matter
of time for the vaccine to be discovered and the economic crisis can be overcome. We can see Bitcoin being quite good, so it proved that the
COVID-19 pandemic did not make Bitcoin weaker. Even by trading Bitcoin and Altcoins I can get income for buy daily necessities. Hopefully
the vaccine will be found soon and the economy can return to normal.

Even if all countries can adapt to the Covid-19, the government needs to be aware of the spreads because we might have a chance to get infected. We don't know how the virus can infect us, even if we can be careful with what we do every day. We should be grateful this time because we can still make money from crypto trading, and the good thing is besides making money, we can also have the investment that can be profitable in the future.

[Naida_BR]

What would the price be if an Economic Crisis occurred?

Bitcoin was launched 2009 and we have not witnessed many economic disasters except that occurred recently when CovID-19 pandemic was announced.

We realized that if there is an Economic Crisis and people lose their jobs, people will buy coins to put food on the table. They will not think about investing but will have enough money to save.

The price increased spectacularly from early 2016 to the end of 2017, the same saw the stock market and S&P500 improve by 50%.

The rise of the Bitcoin price didn't happen people of the economic collapse in 2009.
It happened because the bond rates was very low and the economy was accelerating.
We don't have any benefits from an economic decline really...

[Kakmakr]

What would the price be if an Economic Crisis occurred?

Bitcoin was launched 2009 and we have not witnessed many economic disasters except that occurred recently when CovID-19 pandemic was announced.

We realized that if there is an Economic Crisis and people lose their jobs, people will buy coins to put food on the table. They will not think about investing but will have enough money to save.

The price increased spectacularly from early 2016 to the end of 2017, the same saw the stock market and S&P500 improve by 50%.

Your logic does not make sense.... during a economic crisis when people lose their jobs, they will not buy coins, because they need to use whatever they have to buy food. People are even diving into their life savings to buy food and to pay bills, because they lost their income.

Bitcoiners might think people will resort to Crypto currency as a Safe heaven, but they are wrong, because the Bitcoin price is too volatile to be a good Safe haven during these times.

A economic crisis influence all investments, because people do not have disposable income to fund any type of investment. They will rather sell investments and their coins to help them to survive. 

[Reatim]

Nobody knows. I think the price was expected to fall with the covid19 and economic crisis that we have. Despite that, bitcoin showed its toughness.

It Is the investors that made Bitcoin Price tough in this situation,Imagine that all of use will stop Holding bitcoin and just sell all our holdings?
This may result to total fall of this great currency so this is affecting us also mate,We are the one responsible on this matter.

During the halving, many thought that price will tank as part of the pattern that we knew before. And with the crisis, so that should be a combination of both factors to push bitcoin in tanking but it didn't.

Actually this pandemic makes all of this.

we have a great start This year playing from $8,000-$10,000 but when the Covid19 comes?everything
 ends nothing but back to the $9,000 level.

[Nhor1011]

What would the price be if an Economic Crisis occurred?

Bitcoin was launched 2009 and we have not witnessed many economic disasters except that occurred recently when CovID-19 pandemic was announced.

We realized that if there is an Economic Crisis and people lose their jobs, people will buy coins to put food on the table. They will not think about investing but will have enough money to save.

The price increased spectacularly from early 2016 to the end of 2017, the same saw the stock market and S&P500 improve by 50%.

Why is that your subject? Do you think that there is a person praying to have an economic crisis? I think nobody want the economic crisis because not only one but all of us will become affected. Like now that covid virus spreading everywhere and evry countries economic are going to collapse ,who will be the primary affected ,of course every people in the community. It's really difficult situation we are currently facing. Bitcoin and other cryptocurrency can help us this time if we know how to work with it,invest and save it. And even pandemic arise ,cryptocurrency remain stable.

[sunsilk]

Nobody knows. I think the price was expected to fall with the covid19 and economic crisis that we have. Despite that, bitcoin showed its toughness.

It Is the investors that made Bitcoin Price tough in this situation,Imagine that all of use will stop Holding bitcoin and just sell all our holdings?
This may result to total fall of this great currency so this is affecting us also mate,We are the one responsible on this matter.

I'm only describing as a whole thing about bitcoin and we're part of it and you are right, everyone's participation of making it stable and tough in this time is credited as contribution.

During the halving, many thought that price will tank as part of the pattern that we knew before. And with the crisis, so that should be a combination of both factors to push bitcoin in tanking but it didn't.

Actually this pandemic makes all of this.

we have a great start This year playing from $8,000-$10,000 but when the Covid19 comes?everything
 ends nothing but back to the $9,000 level.

You skipped the March, it was a tragic month for bitcoin but covid19 was also on the news during that time and the world starts to be alerted by it.