Effective Covid-19 vaccine found

[tvplus006]

Great news today: "us pharmaceutical giant Pfizer and German biotech firm BioNTech have announced that their coronavirus vaccine is more than 90% effective in preventing Covid-19 among those who have no evidence of previous infection."
https://www.cnbc.com/2020/11/09/covid-vaccine-pfizer-drug-is-more-than-90percent-effective-in-preventing-infection.html#close

And we see an instant reaction of the market to such a statement.
What will happen to bitcoin in this case?

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[masterrex]

Well, thats good news, not just in the market, But in the entirety, I hope that the Covid19 vaccine from "Pfizer and BioNTech" will be made available to everyone a soon as possible so that many nations can avail and buy it because the Covid19 pandemic has been inducing more damages as it prolonged not just in the economic aspect but also to the human lives as well.

[Chrystora123]

if this has been properly tested then this vaccine is the most beautiful gift at the end of this year.  But what worries me is the long-term effect it will likely have when using this vaccine.  I hope WHO and also the US agree with this vaccine because whatever they (WHO & US) say is still a benchmark..

[Cratoon]

Did some research on the vaccine - seems legit.
Big news indeed. Gold and Silver is crashing, I expect bitcoin to continue to fall to 14500 - 15000 mark in the next 24 hours.
Investors want this slice of pie...

[FinneysTrueVision]

I don't think this impacts Bitcoin in any way. It is still good news. We must still wait for peer reviews before it is available to the public but hopefully it will not be much longer since people don't want to go back into lockdown and businesses want to fully go back to normal.

[Kez1817]

I don't think this impacts Bitcoin in any way. It is still good news. We must still wait for peer reviews before it is available to the public but hopefully it will not be much longer since people don't want to go back into lockdown and businesses want to fully go back to normal.

I agree with you. This vaccine should pass the clinical trial before it will distribute to the market to secure the safety of health of everyone. It's really a good news and hoping that it will not take any longer to be distributed in every country. But I don't think so if it has a direct impact in bitcoin. Maybe if bitcoin will be use as payment method for that vaccine.

[chip1994]

Great news today: "us pharmaceutical giant Pfizer and German biotech firm BioNTech have announced that their coronavirus vaccine is more than 90% effective in preventing Covid-19 among those who have no evidence of previous infection."
https://www.cnbc.com/2020/11/09/covid-vaccine-pfizer-drug-is-more-than-90percent-effective-in-preventing-infection.html#close
 

in fact, the function of the vaccine is not so important anymore. It is still important that which country can produce the first vaccine to prevent this covid epidemic as soon as possible.
As you know, this is the economic virus. If you let people live with such epidemics for another year, the economy would have really collapsed before you were excited
Hopefully Pfizer has the resources and the energy to be able to announce the vaccine sale in Q1 2021, which is really the good news we want to look forward to.

[Teresa_FX1]

The efficiency of the vaccine must be tested for years and it's safety for decades. yeah, sure... 8 months of deadly virus and here you are -magic vaccine from big farma.

[CyberKuro]

The efficiency of the vaccine must be tested for years and it's safety for decades. yeah, sure... 8 months of deadly virus and here you are -magic vaccine from big farma.

It's not just about health I guess but economics as well.
After they made the announcement, the stock futures rise significantly.
I'm quite skeptical about vaccines, yes the safety has to be monitoring for decades to make sure there are no adverse side effects.
Just cure them who have been invected and let's see if it will works.

[Poker Player]

That news is having at least more impact on the stock market today than on the price of bitcoin. Although it is not so strange because lately the price of bitcoin seems to have been decoupled from the stock market.

In any case, if the vaccine works and the economy recovers, the price of bitcoin should continue to rise.

[Lucius]

This is nothing new, there are dozens of vaccines that are in the final stages of testing, and the one that will probably be used first before the end of this year in the EU is the one developed in cooperation of Oxford University&AstraZeneca. The test results show that the vaccine is very effective, and in addition to the EU, India also received a license for one billion doses, while 300 million doses were ordered by the US. Russia, meanwhile, has as many as two approved vaccines, but it is not known if the EU or the US are interested in their product.

https://www.nationalgeographic.com/science/health-and-human-body/human-diseases/coronavirus-vaccine-tracker-how-they-work-latest-developments-cvd/

[YOSHIE]

What will happen to bitcoin in this case?

I don't think anything special will happen to Bitcoin, even though a vaccine was found, circulated and given to people in this world, I mean Bitcoin still has an effect on buying & selling.

M
The problem in my country right now is about the vaccine, there are many pros and cons.
• The question of whether the vaccine is guaranteed to be cured for sufferers of Covid-19....!

Bitcoin remains as usual an up and down valuation based on market needs.

[dimonstration]

Hopefully all these vaccines will be effective, though it should really be tested and see whether there are side effects. It's a good news for the entire market as the companies who are affected by these Pandemic like some restaurants, tourism can recover after these Pandemic. Sure that the market related with vaccines will be the one who will benefit in these early stage as crypto have nothing to deal with economic yet as adoption of these from establishments and businesses were still few.

[plvbob0070]

I have already heard numerous news saying that there is already a vaccine being tested for the past few months since this pandemic started, and this doesn't excite me anymore. Yes, I'm hopeful that sooner, there will be a vaccine so that everything will go back to normal and we go outside without having a fear of being infected, but it seems like people are just getting used to living with this virus that some are not even afraid anymore. But an effect on bitcoin, I don't think there will be significant or huge differences at all even after the completion of the vaccine.

[oHnK]

Not only in the US, but also my country says vaccines are in the final stage before distribution.  The vaccines made in my country are also said to be effective, so this news is not really a surprise.  The question here is what makes all the vaccines different?  now it looks like they are in a race to offer their vaccine and it is sold at a high price for a huge profit.  This news will also not affect bitcoin, because when the pandemic appears, bitcoin prices will continue to rise, and in the future it will too.

[wxxyrqa]

That news is having at least more impact on the stock market today than on the price of bitcoin. Although it is not so strange because lately the price of bitcoin seems to have been decoupled from the stock market.

In any case, if the vaccine works and the economy recovers, the price of bitcoin should continue to rise.

Today, many of the governments declare the invention of their national vaccines against coronavirus, but at the same time, no one announced and does not vaccinate their citizens, but only introduce new restrictions and announce regular border closings.

[teosanru]

Great news today: "us pharmaceutical giant Pfizer and German biotech firm BioNTech have announced that their coronavirus vaccine is more than 90% effective in preventing Covid-19 among those who have no evidence of previous infection."
https://www.cnbc.com/2020/11/09/covid-vaccine-pfizer-drug-is-more-than-90percent-effective-in-preventing-infection.html#close

And we see an instant reaction of the market to such a statement.
What will happen to bitcoin in this case?

Just read this news! It's pretty awesome news. These are interim results the final results are yet to be published but they are way above the FDA approval mark which wants atleast 50% efficacy from any vaccine. But yes it takes 28 days from start of vaccination for a person to become completely immune towards Covid-19. But I think Johnson's and Johnson's vaccine is much much better and as that vaccine has proven to have the least reactions and it's a one shot vaccine. But obviously the quicker the better in this situation.

[crwth]

This could become a controversy just because of the nature of the claims. We all know that COVID-19 is the hottest topic this year, and being focused on this makes the demand higher. I just thought of a possible outcome with this. I believe these large companies are monopolizing the possible solution to end the new normal. They created it faster than anyone because they could've made it before the breakout. But then again, the vaccine is still being experimented with, and it is probably going to be expensive e.

[fiulpro]

This is actually true. Another thing : Many counties have started giving the vaccination out to the teachers and the medical workers but not publishing the news till they have a better idea of how good it would be to produce it on a mass scale. Many of their efforts are strictly kept secret, it's a race and some countries are very close to achieving success on a global rate.

Now what would it mean for the country :
They will have an edge over the other countries and will be able to sell it for any price !
It would mean that government and people can start working on making heard immunity and giving it to public therby preventing the further catastrophic instances due to Pandemic and focus on their economy.

Even my teaches who are regular doctors have successfully enrolled to get the vaccination and even working on seeing if the booster dose is needed. This is a positive news and will mean pandemic will be over in a year or so.

[TopTort777]

Lets pray this vaccine would be distributed for free and it will be an obligatory for everyone to a shot of it.
Hope no one will be “smart enough” to earn on vaccine. Or at least it would be affordable to everyone.

Hope it wont be like “you must wear mask. you must buy it by yourself. person caughr not wearing mask will be fined.”