Covid 2.0 UK has suffered massively and BTC is dropping

[carlisle1]

As new virus of COVID-19 is on rise in United kingdom  news is spreading across the globe as this time it will spread more faster than before, stock market has affected very badly after this news and even BTC has fall nearly 1.5$.

what is 1.5$? you mean 1.5k dollars? but 22k is still ATH compared to 2018 right?why seems to be very affected ,Your a Hero Rank ,and have been in this market back in 2017 ,when Bitcoin from 20k just by January drops down to 14k?
Let's not be worry about the fall ,We saw now What Bitcoin really can over the years.

I am really not sure what's going around, Are billionaires spreading rumours to make vaccines demand? To me it looks like BTC will go down slowly from now, what's your opinion guys.

What Rumors?  mind sharing some of them Mate? because you looks so bother and i'm afraid this wont Give you anything Good.

We are still In bullrun ,and lets be glad of that.

[7788bitcoin]

I am really not sure what's going around, Are billionaires spreading rumours to make vaccines demand? To me it looks like BTC will go down slowly from now, what's your opinion guys.

Why would billionaires spread rumour about all this, majority of the billionaires are businessman and that will affect their business as well and there is a new strain of virus and some of the countries have banned the travel from UK due to the new rise and you cannot lie in this day and age, that being said i am not sure whether these news have affected the market.

[gabbie2010]

The new strain is no worse apart from spreading more easily, the vaccine still applies and so theres no greater negative in actual symptoms.  Thats the info I've heard, people just have to be more careful not less until they get a vaccine simple as that.    I did fear a second wave type occurring but this isnt it afaik

That is what I have heard as well, however if this new strain begins to travel all around the world then we really need to test it and see if the vaccine is going to be effective against it because if it isn't then we are back to square one and I think a great deal of people are tired of this new normality and they want to go back to their lives as they were, and if the vaccine doesn't work then that means that will have to wait for at least another year before this nightmare is over.

Now about the effects on the markets, I don't think this is going to be enough to make the price of bitcoin crash or anything like that, but if a few months pass and our worst fears are confirmed then that may be enough to cause a crash in the market.

In a bid to spread the strain around the world more than 40 countries had banned flights from UK link   https://www.bbc.com/news/uk-55391289  this will checkmate the spread of the new strain, of course a lot from experience has been learnt during the first wave I believed this time government will take a proactive action to curb and deal with the menace of this second strain, and I believed it will not have any impact on the price of bitcoin even if there is a pullback it going to be a temporary one.

[kentrolla]

As new virus of COVID-19 is on rise in United kingdom  news is spreading across the globe as this time it will spread more faster than before, stock market has affected very badly after this news and even BTC has fall nearly 1.5$.

what is 1.5$? you mean 1.5k dollars? but 22k is still ATH compared to 2018 right?why seems to be very affected ,Your a Hero Rank ,and have been in this market back in 2017 ,when Bitcoin from 20k just by January drops down to 14k?
Let's not be worry about the fall ,We saw now What Bitcoin really can over the years.

I am really not sure what's going around, Are billionaires spreading rumours to make vaccines demand? To me it looks like BTC will go down slowly from now, what's your opinion guys.

What Rumors?  mind sharing some of them Mate? because you looks so bother and i'm afraid this wont Give you anything Good.

We are still In bullrun ,and lets be glad of that.

Chill mate, I believe humans do mistake instead of 1.5k I mentioned $ and you elaborated like it's a fatal error. and yes market doesn't have any courtesy on my rank just for a information. This Covid-19 latest news was spreading more than this virus, also market reacted in the same way even the stock market went very badly so I just thought to give an alert nothing more.

[peter0425]

The idea of having another Nightmare alone is really suffering ,we already hated the idea of the first so what more the next ?

But the effect in crypto is far from what Covid is giving,yeah at first there is a crash but along the way Market proves that even Pandemic wont stop the Bull coming after each halving .

I suppose that you were just being affected mentally and physically of this Lockdowns ,You will be good sooner.

[btc78]

Chill mate, I believe humans do mistake instead of 1.5k I mentioned $ and you elaborated like it's a fatal error. and yes market doesn't have any courtesy on my rank just for a information. This Covid-19 latest news was spreading more than this virus, also market reacted in the same way even the stock market went very badly so I just thought to give an alert nothing more.

it's normal to feel this way Mate ,because the Corona virus really changed our Lifestyle,Views in many things and even our Mind settings ,So having this thought for me is normal, we don't intentionally collerates things but happens.

The scenarios looks the One is compliant for the others ,But in the end Market will prove whos right or wrong.
But BItcoin will always recover ,and that is not even a fact but a truth.

[Wysi]

The idea of having another Nightmare alone is really suffering ,we already hated the idea of the first so what more the next ?

But the effect in crypto is far from what Covid is giving,yeah at first there is a crash but along the way Market proves that even Pandemic wont stop the Bull coming after each halving .

I suppose that you were just being affected mentally and physically of this Lockdowns ,You will be good sooner.

That's true, the effect of covid pandemic is not as effective in crypto as it has been for other sectors but I am afraid it's the funs and rumors which misleads people and someone's assumption get so much of limelight people start reacting to it.

As far as bullrun is concerned I would say apart from Bitcoin other alts have kot yet experienced bullrun so far this year and hopefully they might have bullrun next year depending on bitcoin's movementum.

[imstillthebest]

news is spreading faster  . faster than a virus spread ? thats not a big issue but it would be alarming if the virus spreads faster and not the news but you are not sure if this news was true because you said its also a rumor . the only thing is true is that the vaccine are coming and the vaccine will always be on demand because we are waiting long for this .

 im not updated on how stock market flows but im only updated in btc and btc didnt drop too much  .

btc can grow more because some vaccines can be brought using btc . people will buy btc first to be able to do that

[Kelvinid]

news is spreading faster  . faster than a virus spread ? thats not a big issue but it would be alarming if the virus spreads faster and not the news but you are not sure if this news was true because you said its also a rumor . the only thing is true is that the vaccine are coming and the vaccine will always be on demand because we are waiting long for this .

 im not updated on how stock market flows but im only updated in btc and btc didnt drop too much  .

btc can grow more because some vaccines can be brought using btc . people will buy btc first to be able to do that

It not the news but people are overly speculated on the spread of the virus just to give more hype. Besides, despite the spread of the virus, yet we saw that Bitcoin continues to pump rather than seeing it dumping.

I don't mind people talking about viruses and Bitcoin because as I look into the current situation, this helps the spread of Bitcoin and helping it to be more appreciated. We are about to grow its daily market volume than before without Covid.

This Covid-19 is a blessing to crypto, I think we should be thankful for this coz it probably we are not able to reach $23k if there is no lockdown.

[pixie85]

I am really not sure what's going around, Are billionaires spreading rumours to make vaccines demand? To me it looks like BTC will go down slowly from now, what's your opinion guys.

Why would billionaires spread rumour about all this, majority of the billionaires are businessman and that will affect their business as well and there is a new strain of virus and some of the countries have banned the travel from UK due to the new rise and you cannot lie in this day and age, that being said i am not sure whether these news have affected the market.

I think it has not affected it at all.

Small corrections like that happen within every bullish trend and they were happening in 2017, you can check it for yourselves. There were even corrections taking a week straight within a bull run to 20000. This was just a one day sell off which is nothing special.

I don't think covid in the UK has enough impact to affect bitcoin. There's just not enough bitcoins traded there and a new strain or not we know that mortality rate is really low.

[globalpain]

it has been predicted that there will be Covid 2.0,
maybe 2021 this pandemic will not end, and will make a big impact,
we know gold and cryptocurrencies are the best investments in this pandemic,
and the news of Covid should not have an impact on the drop of bitcoin.

[stompix]

I am really not sure what's going around, Are billionaires spreading rumours to make vaccines demand?

Oh yeah, every time the stock market goes down it's manipulation by the Rothschilds, every time the stock market goes up it is manipulation from the reptilians.
We have arrived at the point when no politician can die a normal death, they are all assassinated by the Illuminati, if one gets sick it's some assassin lurking in the shadow, if a plane crashes it's the Mossad, if the power goes off in some town it's the FSB, if a turtle can't go back on its belly it's from the HAARP waves.

What did you expect, people fear what's coming, and it's not just this mutation, the fear is that if one happened others more dangerous can happen too before we eradicate (if we even mage to do) the virus. Would you buy stocks in some travel agency right now?

what is 1.5$? you mean 1.5k dollars? but 22k is still ATH compared to 2018 right?why seems to be very affected ,Your a Hero Rank ,and have been in this market back in 2017 ,when Bitcoin from 20k just by January drops down to 14k?

You don't even have to look at 2018 to explain this, things like this happened every week, bitcoin went down on the 21th, dropping 2k, recovered, then dropped again recover, then, you get it. But people feel the need to uncover some mysterious forces at work behind every cat taking a dump.

[Wulan_maniez]

The news at the moment doesn’t seem to have much of an adverse effect on bitcoin and crypto. The new variant of Covid-19
forced London and the rest of the UK to impose strict social restrictions, but I don’t see any drop in the price of bitcoin, I saw
bitcoin go up with a good rhythm and there was a slight correction but could come back up even now it costs $23,557, this is
still strong despite the news  of the  mutation of covid 19  to covid 2.0.  Bitcoin is  circulating at $22K to $23.xx,  and it’s not
going down too far.

[GreatArkansas]

The news at the moment doesn’t seem to have much of an adverse effect on bitcoin and crypto. The new variant of Covid-19
forced London and the rest of the UK to impose strict social restrictions, but I don’t see any drop in the price of bitcoin,
(....)

From what I see these days, these dumps are for correction only. I don't see any major dumps because of some news or FUD.
Talking about the Covid issue, what I really observed was the first major hit of Covid around the month of March this year, it was a sick dump.
But I believe this time, it will be different, people already know what happened last time. Especially, there are some vaccines now.
But if Bitcoin will dump hard again, I am willing to buy the dip again

[CryptopreneurBrainboss]

Would all of the negative events in the future connects in BTC price drop?
When would this kind of thing stop?
Why are there still members connecting anything to the BTC price?

That's what you get for been a highly speculative assets. You can't take such speculation out of the market. All the events happening gets connected to you in some way and when observe carefully there's some truth in this connections. The recent Covid19 news is affecting the stock markets and that of bitcoin can't be excluded. The bitcoin market relies mostly on surrounding news to react. When the news are positive the market moons but when they're negative it creates a dump reaction.

it has been predicted that there will be Covid 2.0,
maybe 2021 this pandemic will not end, and will make a big impact,
we know gold and cryptocurrencies are the best investments in this pandemic,  and the news of Covid should not have an impact on the drop of bitcoin.

.just like other disease, Covid19 isn't going away anything soon. We have to learn to live with the fact it has come to stay and continue with our regular lifes while paying attention to the precautions we're encourage to take to avoid contacting the disease. Lockdown aren't doing us any good. I can see some restrictions are already been announced globally this will only cause more harm to the economy then it has already done.

[maydna]

I am afraid that is a mutation of the Covid-19 to a new version of Covid-19. I hope that virus will not spread across the globe like the Covid-19 because if that happens, I can't imagine what it will be to impact all countries, especially for all people. After all, they already suffer because of Covid-19.

If the bitcoin price gets affected by Covid-19, I hope that the drops will not be too far and only stable at $22k-$23k. And after the new year, the price will increase even if the Covid-19 still be with us. Many people hope that these situations will end soon, and we already have a vaccine that can help them cure the virus.

[RealMalatesta]

Bitcoin is not dropping, that is for one, right now bitcoin price is 23.5k+ and that is nearly 20% higher than the previous high, how could we call it a big drop? However there is also nothing to worry about the new covid virus neither, because it is about the same when it comes to prevention of it. Still the same things, still masks, still washing hands, still breathing, still same drugs, still same vaccination needed.

Basically this is a "different" version of the same thing, nothing really that different. So, I would say it doesn't really change too much in the world, which means it won't change anything in the economy neither. Obviously economy is something that changes day to day depending on what people believe in, but the reality is that just because they believed things will be bad, doesn't mean things will actually be bad, it is just their thoughts.

[Xinarae*]

Covid 19 UK is currently heavily affected Bitcoin will not be affected. The first time many countries shrunk but in the second step they have learned to deal with it and will help overcome the high price crisis of Bitcoin. I don't see any dumping in Bitcoin. The price of Bitcoin will increase a lot more over time. The second step of the corona virus will further increase the demand for Bitcoin. Even if everything is damaged due to Covid 19 Bitcoin will take a new form.

[el kaka22]

First of all, bitcoin will not fall as long as people do not sell, we have to make sure that is known, only reason bitcoin would fall is the sellers and as long as they do not sell, we are going to be fine.

Secondly covid is already out there, we have increased this much during the covid period and not in any other period, from 10k to 20k+ we have come during the worst days of covid. Look around you, you know at least one person who has gotten covid, and you have seen news about covid numbers increasing during the last 3 months but at the same time price of bitcoin increased with it as well.

It means covid 2.0 in UK is not something that would destroy the market, it would be something that would help the market. Do not be worried because it is a win-lose no matter what. Win-win because if covid is gone, we are going to be healthy again but price will fall but if it is not fixed we will have crypto go up, so in the end it is win-lose no matter what.

[Saisher]

As new virus of COVID-19 is on rise in United kingdom  news is spreading across the globe as this time it will spread more faster than before, stock market has affected very badly after this news and even BTC has fall nearly 1.5$.

I am really not sure what's going around, Are billionaires spreading rumours to make vaccines demand? To me it looks like BTC will go down slowly from now, what's your opinion guys.

I don't think it's billionaires, because you cannot bribe scientist on something that can affect worldwide the news is true that is the reason our country is banning travelers coming from UK, this is serious and the world needs to hurry on the vaccine and I don't think it will have effect on the price of Bitcoin, the dip is just a correction Bitcoin price is still good.