Coronavirus, effect to bitcoin?

[Rakib408 135]

There great affect of Bitcoin for corona virus now. Its damage more of investor in this coin. For that btc price are high but many earning site are damages dor covid19. So that we are also can't do anything for that.

[Sykkuno 2887]

Coronavirus is still active and we will need to be careful and use the vaccines as doctors explain it is important for world health. Numbers are shown high fatality rate. Bitcoin survived and I hope that everybody is safe and noone hit by this virus in the forum.

[Rakib408 135]

1 hour ago, Ropa2030 said:

In this year 2020, Bitcoin prices were affected at the beginning of the Coronavirus outbreak. But as people stayed at home for fear of infection, they began to search for alternative ways of profit. The best way is to invest in Bitcoin.
This indicates that Bitcoin prices will witness jumps in the coming period despite the presence of the second wave of the emerging corona virus disease.

You're right bro Im appreciate with you. I think it's more affection to us now cause of covid and now these damage us to destroy all site of earning.

[Amrutha 4]

I think since the corona virus outbreak, the correlation between Bitcoin and the equities market has increased. Asset appears to have been further shaken by the coronavirus

[kryptonick 2659]

On 1/26/2020 at 8:16 AM, Jyz2009 said:

Does this virus really affect bitcoin? Any insight?

It did huge drop for a limited period but everything went as expected with Bitcoin going to make new ATH and price closer to 20k. We have a new ATH on marketcap already and we expect a lot to happen soon, but also maybe another dip is possible as Bitcoin hasn't done any since the big one on March.

[cryptovlek 2597]

On 1/26/2020 at 8:16 AM, Jyz2009 said:

As of now, China is in chaos because of the Coronavirus. As what i read in an article, bitcoin slumps 6% because of this virus, in the midst of chinese new year. Does this virus really affect bitcoin? Any insight?

It had a huge effect, this was an event that doesn't happen but once in a century and scared many that sold Bitcoins very low and helped others that bought them at the bottom. It affected Bitcoin until there was some better developments. All the news since then are good for Bitcoin until recently.

[bogdanoff 3173]

I wasn't sure about the coronavirus effects when they started but it was something very negative for Bitcoin when it was full blown with the lockdowns in Europe, USA, Russia and all of the world. It was scary and it still is because now it is rising even faster and a vaccine will be useful to fast return to normal life.

[yonkii 3205]

This is all over right now as there is supposed to be a vaccine ready for all of us that will begin injections in 2021, so all the markets recovered, Bitcoin is making new all time high and we can probably say that the next year will be a reset and a return to normality.

[Onden 2098]

No, the corona virus does not affect the price of bitcoin, bitcoin price actually went up when the pandemic started, I think the 6% price drop in my opinion is an ordinary bitcoin price fluctuation, so there's no need to worry because bitcoin is fine and continues to increase from January to December now.

[Jandancoin 482]

8 hours ago, Tisha666 said:

Of course the effects of the coronavirus had a kind of economic impact on all areas of the world as it did with Bitcoin because the price of bitcoins dropped so much that the price of bitcoins is now rising again for all of our members

I do not know the positive effect of Corona viruse pandemic on economy, even without the pandemic, bitcoin halving is enough and has being the reason for bitcoin price increase. Corona virus in general has bad impart on the economy. 

[BraveHeart01 1569]

The virus is actually infecting the people and the people for are forced to leave the cryptocurrency world that is why there is huge effect of the virus on the cryptocurrency

[Goyaa 2414]

Until now we have seen that the corona virus has not had much effect on the price of bitcoin, at the beginning of its appearance, the price of bitcoin did indeed decrease, but bitcoin was able to survive and vice versa, the price of bitcoin continued to rise and showed its resistance. Indeed, no one expected it because all financial sectors have experienced a decline at this time.

[Zains031 426]

Yes my dear friend 

Bitcoin completely affected through covid-19... When coronavirus start in china so bitcoin value go down dramatically.... Because many of the bitcoin investors belong to China that's why bitcoin value go down... So now a time china control on it so that's time bitcoin value go up and reached at the higher price...

[Usman Basheer 174]

Wait, we should use it in the rain, but from the history, because doing what is more dangerous than me, we should consider it, because there should be a lot of life in it if there is any sense of insult in it, therefore we should take a lot of land in it. 

[Nenomao 175]

Just 2 months ago I noticed that the price of bitcoin was in between 16000$ and 17000$ but now it's current price is 23696$ and just in 2 months it's price increased by 6000$ to 7000$ and these days are also of coronavirus I don't know about it before 2 months ago I talked about it only from that day to this day these days are highly effective on the price of bitcoin for increasing it's price but what is the future I don't know. 

[Mir Hamza 2888]

Due to the coronavirus, everything had a very bad effect, along with it, there was a very bad effect on the bitcoin. In those days, the price of one bitcoin had fallen to a great extent due to corona. But as soon as the coronavirus was over, everything was out again, and again the price of bitcoin started increasing. And then the price of bitcoin is so big that you can see that now the price of bitcoin is up to $ 38000. And the price of bitcoin is still increasing. 

[Mohammad2005 336]

Everything went badly in 2020 due to the friend Karna virus. All business has been damaged. And with the end, the price of Bitcoin will only increase in 2021. But by 2020 the prices were much lower. There was a lot of damage then. However, from 2021, everyone's business is fine again and will continue to grow. Thanks.

[Jacks52 351]

We can say corona virus really affects the bitcoin price in the market that's why it drops in 5000$last month.but it managed to get through this stage successfully and it is rising well.

[Nila2020 393]

Bitcoin prices have a huge impact on the market due to the Corona virus. The Corona virus has caused a lot of damage in 2020. But I hope 2021 is the best time for everyone. Bitcoin prices have been reduced due to corona. I want the corona to go down and the price of Bitcoin will go up again.

[guatazoo 7150]

The effects of CORONA Viruses to bitcoin was positive impact because I think this bitcoin bull run is because many users are currently using bitcoin to avoid spreading of CORONA through fiat currencies. 

[Ola22 197]

I think that the Corona pandemic has had a catastrophic and major impact on the global economy as a whole, but it is the one that increased the need to deal with digital currencies and significantly, so I am certain that its impact on Bitcoin was positive and not negative.

[SelimAbi 339]

This topic was written in the early days of the virus. But we are now in the year 2021 and we have definitely proven that the virus does not affect bitcoin. Because while bitcoin first broke its own record in 2020, then it broke records consecutively in 2021. Considering the intensity of the virus, especially in European countries and America, we will see that the virus clearly does not affect bitcoin.

[Rozy 1918]

I think that the quarantine because of Covid 19 Pandemic, made people look for additional source of income, because most of them are paid half of what they used to and some other people were cut off completely, and in these hard times crypto provided good chance for people to make a decent income, and it is very reasonable that Bitcoin becomes so popular during such circumstances.

[pacific 2268]

Of course, at the beginning phase of the corona epidemics it has tremendously affected the crypto market, and has created a bear market. Also, the global economy was decreased, and it had created pressure on cryptos and yet investors had a fear, and they got to sell coins in panic, and the situation favored the bear market in cryptos.

[Moudr 513]

Welcome, my friend,

there has been no negative impact of Covid 19 on Bitcoin's hair, as it has been observed since the beginning of the year, a gradual increase in the price of Bitcoin against the dollar