New COVID strain may affect crypto valuation

[Hamphser]

Whatever negative effects on the market this Omicron variant will bring, it's all for temporary. Because we all know that crypto will always recover from all dumps because the demand never stops despite of the economic struggles of lot of countries. This time, i think people are now more aware on the newly covid variant as majority of the people nowadays are more protected because majority have been fully vaccinated already. So there is no way crypto will be greatly affected with this negative news, it might increase the demand for crypto users once lockdowns will happen again.

At least we can learn from the past how the price of bitcoin was shaken after Covid 19 but rebounded again until ATH occurred. Maybe a repeat can still happen this time, but I agree that this ATH was triggered not only because of Covid but also because of the Halving.

If you are hesitating to stay then back off as this is the best option to secure your money. We can't say for sure if ATH $70K-$100K is achievable this year or not. Speculation continues and of course we need to determine it from now on.

Are we sure that we had been shaken off with that Covid situation in the past? We've seen some declines but not as severe compared into those previous years on the market.

We cant even tell even if its the actual reason for such decline or just simply some simple correction or price pull back,thats why its not really that precise
on making some presumptions due to this.

So we cant really say if this one would make out some serious effect or would end up having like nothing at all.

[LUCKMCFLY]

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

It is very similar to what we saw back then, the markets hate uncertainty and the pandemic has been full of it, the new variant of the virus seems to be one of the most dangerous to date, so the international community is very worried about it as they fear that we may have to go to square one and live once again the days in which the majority of the population of the world was under lockdown, and all of this when the economies of the world have not recovered and the inflation is already very high.

They are right, in fact in 2020 almost all the speculative markets fell, Bitcoin also fell a little, of course it is the effect of the panic exerts its pressure on the market, however for that year gold did not fall much either, but of all the Speculative markets, the one that first recovered quickly was BTC, I think it was nothing more than the emotion of the moment that causes many investors to extract their money and put it on a safe side, but since this pandemic is something very strong, no It is known that it can happen in the market, but now there are some slight falls, but I am sure that the upward trend will not be affected.

[kawetsriyanto]

Today three cases of the new Covid have been detected in my country I believe this is just the beginning cos it looks like we are going into another lockdown very soon in 2022

In my country, the cases of new covid are also found but our society isn't too panicked as before. Even some people predicted these cases will end soon in January 2022. These people believe the cases are just made to make people stay at home during the new year. If the news of new covid already spread out a whole country, people won't be brave to move everywhere. If we consider these people's opinions, maybe lockdown only happen in December 2021 and January 2022.

crypto will crash again cos many will take profits to get set for the lockdown

Crypto crash only happens temporarily. We must realize that crypto market is growing fast during the pandemic. So, Covid won't impact so much for the long term on crypto market. People may sell their coins now, but won't sell all. They know if crypto market will continue improving. So, don't be so worried!

[freedomgo]

Today three cases of the new Covid have been detected in my country I believe this is just the beginning cos it looks like we are going into another lockdown very soon in 2022

In my country, the cases of new covid are also found but our society isn't too panicked as before. Even some people predicted these cases will end soon in January 2022. These people believe the cases are just made to make people stay at home during the new year. If the news of new covid already spread out a whole country, people won't be brave to move everywhere. If we consider these people's opinions, maybe lockdown only happen in December 2021 and January 2022.

crypto will crash again cos many will take profits to get set for the lockdown

Crypto crash only happens temporarily. We must realize that crypto market is growing fast during the pandemic. So, Covid won't impact so much for the long term on crypto market. People may sell their coins now, but won't sell all. They know if crypto market will continue improving. So, don't be so worried!

The crypto market has survived from the previous variant of covid, so we may expect that things will not become worst for crypto this time. In fact, this might even cause for the market to surge high again since a lot of people will be staying at home so they will have more time searching jobs or any resources that will provide an income. So there’s no need to panic and decide to sell most of the coins as we all know that this correction phase has temporarily made the market dump, and eventually the coins will recover in time. This new covid variant may be a big threat for the economy of a country but most likely, it will not threaten the crypto market.

[macson]

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time.  bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.

[Baofeng]

Today three cases of the new Covid have been detected in my country I believe this is just the beginning cos it looks like we are going into another lockdown very soon in 2022

In my country, the cases of new covid are also found but our society isn't too panicked as before. Even some people predicted these cases will end soon in January 2022. These people believe the cases are just made to make people stay at home during the new year. If the news of new covid already spread out a whole country, people won't be brave to move everywhere. If we consider these people's opinions, maybe lockdown only happen in December 2021 and January 2022.

crypto will crash again cos many will take profits to get set for the lockdown

Crypto crash only happens temporarily. We must realize that crypto market is growing fast during the pandemic. So, Covid won't impact so much for the long term on crypto market. People may sell their coins now, but won't sell all. They know if crypto market will continue improving. So, don't be so worried!

The crypto market has survived from the previous variant of covid, so we may expect that things will not become worst for crypto this time. In fact, this might even cause for the market to surge high again since a lot of people will be staying at home so they will have more time searching jobs or any resources that will provide an income. So there’s no need to panic and decide to sell most of the coins as we all know that this correction phase has temporarily made the market dump, and eventually the coins will recover in time. This new covid variant may be a big threat for the economy of a country but most likely, it will not threaten the crypto market.

We have to understand where the market is coming, or least the investors, this is a new strain and we don't know what will be the effect on us. So every financial market reacts including ours.

But rest assured that when everything settles down, the market will recover again, it might not be the 6 digits that we are expecting this year, but at least a good bounce to $60k might be a good sign that we are going to be still in the bullish phase.

[romero121]

Today three cases of the new Covid have been detected in my country I believe this is just the beginning cos it looks like we are going into another lockdown very soon in 2022

In my country, the cases of new covid are also found but our society isn't too panicked as before. Even some people predicted these cases will end soon in January 2022. These people believe the cases are just made to make people stay at home during the new year. If the news of new covid already spread out a whole country, people won't be brave to move everywhere. If we consider these people's opinions, maybe lockdown only happen in December 2021 and January 2022.

crypto will crash again cos many will take profits to get set for the lockdown

Crypto crash only happens temporarily. We must realize that crypto market is growing fast during the pandemic. So, Covid won't impact so much for the long term on crypto market. People may sell their coins now, but won't sell all. They know if crypto market will continue improving. So, don't be so worried!

The crypto market has survived from the previous variant of covid, so we may expect that things will not become worst for crypto this time. In fact, this might even cause for the market to surge high again since a lot of people will be staying at home so they will have more time searching jobs or any resources that will provide an income. So there’s no need to panic and decide to sell most of the coins as we all know that this correction phase has temporarily made the market dump, and eventually the coins will recover in time. This new covid variant may be a big threat for the economy of a country but most likely, it will not threaten the crypto market.

We have to understand where the market is coming, or least the investors, this is a new strain and we don't know what will be the effect on us. So every financial market reacts including ours.

This won't be a threat for the cryptospace, but there'll some impact felt. Because during the pandemic when the world market suffered, the cryptomarket kept growing reaching new ATH at some time interval. Those are hard days of life. Now more precautions were taken and governments are acting fast to keep everything under control.

But rest assured that when everything settles down, the market will recover again, it might not be the 6 digits that we are expecting this year, but at least a good bounce to $60k might be a good sign that we are going to be still in the bullish phase.

Myself believe on a market crash in the upcoming days. After market correction there is no big bullish move. It was moving around $58k for few days and suddenly dropped low to $50k. Often reaching $50k and dropping down close to $48500. It hasn't gained good momentum to push itself high above $50k and turn bullish. Somehow we can hope for the previous ATH and not the $100k+ value.

[xSkylarx]

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time.  bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.

Nothing is permanent, but the best advice in this situation is to take advantage of the bitcoin opportunity that has been presented to you, invest until it is exhausted, and earn money while you still have the opportunity. Because we cannot predict the future, we must earn money from bitcoin while it is still in existence. I would also add that all of the coins, stocks, and foreign exchange rates are currently in the red, with a number of countries once again suspending the opening of their tourism markets.

[lienfaye]

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

The new covid variant has an effect on crypto market due to the behavior of investors towards their investment but I think it wont be as bloody compared to the first covid scare last year. Even the market is declining we know it will recover again.

Thus there's no need to panic or keep worrying if the market will crash. Just think of what happened in the past, the market recover and most coins reached their new ATH. Thus, we should be used to this kind of scenario to avoid having doubt and worries.

[globalpain]

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time.  bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.

Nothing is permanent, but the best advice in this situation is to take advantage of the bitcoin opportunity that has been presented to you, invest until it is exhausted, and earn money while you still have the opportunity. Because we cannot predict the future, we must earn money from bitcoin while it is still in existence. I would also add that all of the coins, stocks, and foreign exchange rates are currently in the red, with a number of countries once again suspending the opening of their tourism markets.

Apart from investing in Bitcoin I think we also need to invest our money in some of the top altcoins,
and much safer for sure than buying meme coins although it can be said that the market is currently down,
it's just a matter of time sooner or later everything will return to the green zone

[Rufsilf]

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time.  bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.

Same here mate, I've been there at your situation. The best advices about crypto investments are found in this forum, I also learned a lot by these guys right here about what to do, when to invest and what crypto are likely to have a competitive returns when I have no knowledge about these stuffs at all. We should always remember that investing comes with risks, that's why planning is very fundamental in-order not to trip in the future.
Whatever issues around the world, as long as it's a negative. For sure bitcoin and altcoins are always vulnerable, but as usual, it will recover and will have a much more brighter future. Hopefully this new strain of Covid referred as omnicron won't do much just like the year 2020.

[horrifiedx1]

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time.  bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.

I think all markets will be like that, whether forex or stocks, of course there will be new peaks and valleys. and when it comes to cryptocurrencies, news plays a huge role in these fluctuations. fud and fomo seem to be friends in the crypto movement, and it seems like this news was deliberately created by the whales

[Snappycoco]

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time.  bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.

I don't think that it'll be down that much. I think we already surpass the worst and now is the time for recovery. We've been always cautious about our surroundings and I guess covid is not having a great affect again unlike when it was firstly introduced. We now know what the minimum health protocols are which could lead to our freedom from this unseen creature.

[savetheFORUM]

I don't think that it'll be down that much. I think we already surpass the worst and now is the time for recovery. We've been always cautious about our surroundings and I guess covid is not having a great affect again unlike when it was firstly introduced. We now know what the minimum health protocols are which could lead to our freedom from this unseen creature.

Covid-19 is no longer something that would come up on the news and you’d see the whole market tumbling. Things have changed now, and the world no longer fears covid-19 like they did the first time it came out and shattered everything by putting a stop to every activity in the world. Things have changed this time around, and even with the talk about a new strain of covid-19 no longer scares anybody.

If there is anything at all that would be leading the market down, covid-19 is the least thing I would say it is. Never forget that before now there have already been predictions that the market would face correction after the bull run. We should be happy that the high price lasted this long.

[kapalmabur]

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time.  bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.

I don't think that it'll be down that much. I think we already surpass the worst and now is the time for recovery. We've been always cautious about our surroundings and I guess covid is not having a great affect again unlike when it was firstly introduced. We now know what the minimum health protocols are which could lead to our freedom from this unseen creature.

In addition, Covid 19 is not as much as at that time and this is a hope for the future,
but indeed we must remain careful and continue to apply health protocols because that is an important thing,
recovery takes time and hope it will be quick

[Kelvinid]

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time.  bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.

I don't think that it'll be down that much. I think we already surpass the worst and now is the time for recovery. We've been always cautious about our surroundings and I guess covid is not having a great affect again unlike when it was firstly introduced. We now know what the minimum health protocols are which could lead to our freedom from this unseen creature.

In addition, Covid 19 is not as much as at that time and this is a hope for the future,
but indeed we must remain careful and continue to apply health protocols because that is an important thing,
recovery takes time and hope it will be quick

Keeping healthy is only the way to survive this covid-19 crisis and as this new variant comes, the more we have to be careful of everything. As to figure before the day that pandemic started, the market turns it down but it recover back and it keeps growing. I'm not sure how this new variant affects the economy globally but I just think that it only gives less effect to the crypto market. So, I don't have to worry much, not this time as I've trust the system.

[Alert31]

I think this new covid variant will not affect to much in crypto and even in our economy. Here in our country everything is going back to normal after a long time of sufferring from the start of pandemic. And we are looking forward for a happy christmas and prosperous new year. People now is no longer afraid in covid and they are already aware about the possible effect of it. But Despite of continues slow down of covid positive we still need to apply the standard health protocol to insure our health and safely from any virus.  Also in crypto no matter what will happen we should hold our tokens and don't panic in times of negative news because at the end of those news  if ever marlet will down, for sure it will bounce back.

[Oasisman]

~snip~.

Covid-19 is no longer something that would come up on the news and you’d see the whole market tumbling. Things have changed now, and the world no longer fears covid-19 like they did the first time it came out and shattered everything by putting a stop to every activity in the world. Things have changed this time around, and even with the talk about a new strain of covid-19 no longer scares anybody.

If there is anything at all that would be leading the market down, covid-19 is the least thing I would say it is. Never forget that before now there have already been predictions that the market would face correction after the bull run. We should be happy that the high price lasted this long.

No, it's definitely not the new strain of Covid that's making  a negative impact to the crypto market and brought down the price.
It has been proven before, right in the middle of the global spread of Covid, Bitcoin doesn't seem to be affected by that time. Instead it has gained significant value after the people learned about Bitcoin isn't directly affected by such health emergency.

Crypto market is just down and crashes from tine to time, and then it recovers. This has been a normal price cycle since.

[jrrsparkles]

Long after the Covid pandemic is over (btw it's already over in numerous countries around the world but not all of them) most people will still remain pessimistic about the next potentially devastating new strain. It's how it works, the majority is always most fearful at the bottom 

The new variant omicron is becoming a threatful or atleast that is what media claims and another worldwide lockdown is possible if this becomes real and already government like Germany,US, etc started to restrict the unvaccinated people from public events which has no logic but still they feel it will slow down the spread which is stupid but affecting the financial sector again.

[Sithara007]

The new variant omicron is becoming a threatful or atleast that is what media claims and another worldwide lockdown is possible if this becomes real and already government like Germany,US, etc started to restrict the unvaccinated people from public events which has no logic but still they feel it will slow down the spread which is stupid but affecting the financial sector again.

As it has happened over the last two years, information on Omicron is scarce and unreliable. Once again, the WHO is claiming that the strain is more dangerous when compared to the original strain. But I don't trust them. Even if that is the case, there is no doubt that it is spreading at 100x the rate when compared to the original strain. Look at the numbers from South Africa. The number of cases have exploded in less than two weeks. From a daily average of 2,000-3,000 cases, now they are reporting more than 20,000 per day.