discussion All coins are decreasing in price with BTC decrease!

[Bohana 2143]

Hello.

This is a very bad day for Bitcoin and for us. All cryptocurrencies are dropping in price along with the major coin, Bitcoin. Should we wait for the price to go up again? Will it go up again? What's the reason of this? Is it Corona Virus?

[Cammer 4609]

51 minutes ago, Bohana said:

Hello.

This is a very bad day for Bitcoin and for us. All cryptocurrencies are dropping in price along with the major coin, Bitcoin. Should we wait for the price to go up again? Will it go up again? What's the reason of this? Is it Corona Virus?

Yeah I feel really depressed about this. No one, including me, was expecting this drop in Bitcoin's price this fast! I have seen some predictions about this decrease, but I didn't believe it could happen. Let's hope the price will go up in a few days just like it was..

[Migo 7946]

Of course we need to wait, do you have any other solutions except these?? I don't think so, and like we are seeing now in the current situation of most of the countries around the world like China and Italy, I think this price was predictable because this falling is because of that virus, everyone know that, and crypto world is not the only victim 

[George10 9932]

Bitcoin price will surely rise again let's just gain some patience on holding our coins I'm also one of those who didn't except this massive dump in bitcoin's price and other crypto coins especially this year and I assume its as a result of corona virus.

[bliznec 22267]

There are many gossips about what actually affects the price of bitcoin. Most likely, it is a virus and a crisis that is linked in real time. But I don’t believe it. 

[bentayebsalah 2280]

Since bitcoin is the main currency, it affects all other currencies, and if it decreases significantly, its effect will be strong and multiplier on other currencies.

[Dark_Sky 8489]

On 3/13/2020 at 5:20 AM, Bohana said:

Hello.

This is a very bad day for Bitcoin and for us. All cryptocurrencies are dropping in price along with the major coin, Bitcoin. Should we wait for the price to go up again? Will it go up again? What's the reason of this? Is it Corona Virus?

The Corona affects the price for some reason,  the good thing to do is to save your coins and wait until the price gets high. 

Maybe it will rise again next month. 

[Prince90 668]

Yeah this really worried situation for every crypto currency holder the crypto are not showing any signs of increase in prices but it is decreasing very rapidly right now the price of btc is fluctuating around 4.5k dollar.

[gkapoxm 84]

BTC is really the only coin people trust, so when it drop, all they want is to get more BTC while the price of alts do not drop, since most are useless.

[jekich.chan 1439]

That's right, because Bitcoin is the main coin, it is the father of all coins. It depends on it the whole cryptocurrency market, if it falls, then all other coins fall. This is normal. Therefore, if you predict bitcoin, it means forecasting the entire market.That is why it is very important to monitor the course of bitcoin.

[Zaino34 0]

The price of all currencies is related to bitcoin. If the price of bitcoin falls, the rest of the currencies will decrease as well. We know that the price of bitcoin has decreased due to the Corona virus, and because of that the rest of the currencies have also decreased.

[Whited35 15285]

As the cryptocurrency king, Bitcoin has the potential to pull up the prices of the other altcoins. Generally, we are noticing like the price of the Bitcoin going down and in the same ratio, price of the other altcoins are also going down in the crypto market.

[Upright 2688]

The thing is coins care of the type that they are positive or negative to the price of Bitcoin, as price which care positive to Bitcoin,tend to rise when the Bitcoin price generally increases and those which don't follow the trend to increase when the bitcoin price, as negative to Bitcoin

[CryptoMaxim 3829]

This trend is built because altcoins are measured in the price of bitcoin. However, there are exceptions. But not the majority. And probably the same thing happens with tokens depending on the price of the coin of the network that they belong to.

[tienda 8776]

This situation of decreasing coins is because corona virus, but I think there are a big problem for others coins, still are depend about Bitcoin situation, I think they need to be independent about Bitcoin. Anything happen with Bitcoin will affect them!

[kadayakito 765]

I don't think it's really bad because bitcoin is halving, it's like gaining momentum to reach higher values. It reduces the inevitable. I always tell myself to always try to be the most positive and positive

[Rares002 262]

Don't worry, bitcoin will recover soon. How many time this has happened to bitcoin before and everyone worried and was panicked but then bitcoin recovered back in a matter of weeks? Just pe patient and trust bitcoin 

[BTC Future 3946]

On 3/12/2020 at 11:20 PM, Bohana said:

Hello.

This is a very bad day for Bitcoin and for us. All cryptocurrencies are dropping in price along with the major coin, Bitcoin. Should we wait for the price to go up again? Will it go up again? What's the reason of this? Is it Corona Virus?

I think that the market was about to crash without the need for corona virus. This situation just made things worse. There were investors in Bitcoin since 2018 that entered just for the halvening and were to exit sooner or later. The coronavirus made this more complicated and created a situation that is still too much to handle.

[magd 5231]

The virus is not a direct cause, but it is the one that led to the parking of factories and a lot of huge centers in the world, which led to a reduction in the level of sale and purchase and the economic wheel, which led to a decrease in the price of bitcoin, and by its decrease it led to the depreciation of other currencies.

[Yunusalemu 0]

Oh yes this is not a good time for the bitcoin price value as it keeps decreasing so also it is not a good time globally as the world is facing the treate of the corona virus, God help us clear this epidemic soon. 

[iloveyobit 6599]

This is not the first time that Bitcoin is removed. It has already collapsed from 20,000 dollars to  $ 2700 and then returned to rise again so that you have some hope and do not sell your currencies.

[Adrian Adkins 11]

For the past month, we've got indirectly reduced the cost of cryptocurrencies, as the virus has negatively affected the entire international economy. Of direction, because this process is brief, it's far essential to attend patiently. I assume this process estimate can be nice for cryptocurrencies. Due to the fact I suppose people will flip to virtual money, the sector of crypto, due to the fact they can't depart their houses.

[Ali_hmwi 966]

That was because the Corona but that is not the end of the market not just Bitcoin also oil and gold all the people sell to save money for these dark days of the world.

[Whited35 15285]

Deadly Corona virus is visiting planet earth damaging financial sectors in the so many countries on this planet. Cryptocurrency is also another victim from the effect of Corona virus we are noticing the continuous price fall for the top class cryptocurrencies. 

[Rezort 846]

I don't see a point to create such topics, everybody understands that corona virus or covid-19 is affecting our lives as well as global economy so just think how to save your money right now.