covid 19 The fate of bitcoin due to COVID 19 catastrophe

[kyoukage01 3181]

There were some traders who would actually like Bitcoin's price to fall down. Look what happened when Bitcoin fell to ~$4000 the past few weeks, that was the time where traders and investors took the opportunity to buy Bitcoins while cheap, and now prices are in the range of ~$6000. If prices will fall again, it will be for a short time only as those who missed buying them cheap will most likely do it by then, and prices will rise once more as a result.

 

[Zezo 306]

I think that the effect of the Corona virus on the Bitcoin price has ended. If the Bitcoin price will decrease or rise, it will be for reasons other than the virus

[Yunusalemu 0]

On 3/29/2020 at 2:03 PM, Readmm said:

Unfortunately, while this problem remains relevant, the market may suffer quite a lot from the economic consequences, but I think that everything will be in order

yeah i also agree with your statement, I tgey is alway a point at which everything in life doesn't goes well i believe now is one of those period. 

But all will be well lets keep fait and hope things get better soon. 

[Opinder 1310]

On 3/29/2020 at 3:19 PM, guatazoo said:

Hello guys! There are something that's I'm too much feard about it, which is bitcoin price fate due to CORONA virus, do you think that's the price of bitcoin may continue to fall massively?. Because I'm holding some of bitcoins, so that's if it will be continue to be falling I want to take the decision of selling it or to still holding till the price recover again.

Corona virus has made the fate of crypto market because traditional system is collapsed and crypto is surviving. Now people would shift to crypto for their safe investments. I think after this crisis crypto would grow like anything.

[guatazoo 7150]

On 4/4/2020 at 8:05 PM, Opinder said:

Corona virus has made the fate of crypto market because traditional system is collapsed and crypto is surviving. Now people would shift to crypto for their safe investments. I think after this crisis crypto would grow like anything.

Maybe you are right for what's you are talking, because while others economic as activities in the world has corrupted a lot, bitcoin also corrupted but this drop of bitcoin is normal to see such as last year it was dropping from $10000 to $6000 suddenly, and this is what's we see now.

[Whited35 15285]

Do not worry please . If you have Bitcoins in your cryptocurrency holding, still keep patience and wait until the price raise for Bitcoin in the cryptocurrency market,After Bitcoin halving event, here are the possibility of the Bitcoin price raise in the crypto market.

[CryptoMaxim 3829]

On 29.03.2020 at 14:04, bliznec said:

No, the price of bitcoin will not be able to fall further due to Coronovirus. Most likely, the epidemic will either increase its dynamics or completely disappear in the month of April. This means one of two options. I believe Bitcoin will go over $ 10,000 in a short period of time. 

If the intensity of the virus is at its peak and it continues to decline. With this event expiration, the virus will not create a special impact on cryptocurrencies. And everything will move on as usual. The main thing is that the virus does not spread further.

[Mishu1234 101]

This is not clear at all as we know the covid 19 is  very much dangerous and for this the price of bitcoin has fall down but this will not continue the price will be high very soon

[bliznec 22268]

2 hours ago, CryptoMaxim said:

If the intensity of the virus is at its peak and it continues to decline. With this event expiration, the virus will not create a special impact on cryptocurrencies. And everything will move on as usual. The main thing is that the virus does not spread further.

Coronovirus has a decline, but not in all areas of the world. In Russia, the coronovirus was extended, and the whole of April will be the viral month. It remains only to wait for the virus to subside. 

[YanYuan 35]

The governments of different countries have to print more money to support the economy. Because of this, the value of bitcoin will increase. I think the real rally is yet to come.

[bentayebsalah 2280]

There will be a significant decrease in Bitcoin and the rest of the cryptocurrencies due to this virus called Corona, but it will rise again after that quickly and significantly

[bitcoin-shark 1928]

I believe that the value of bitcoin is influenced by the virus only to a small extent, we have to see all the variables such as the set of news, whale transactions and the approach of halving, they are all things that can influence the market and therefore the price of the bitcoin...

[Rezort 846]

As we can see now bitcoin is actually getting better and better after some days after his biggest fall in recent months, so just don't panic when bitcoin is falling. 

[George10 9932]

On 3/29/2020 at 11:49 AM, guatazoo said:

Hello guys! There are something that's I'm too much feard about it, which is bitcoin price fate due to CORONA virus, do you think that's the price of bitcoin may continue to fall massively?. Because I'm holding some of bitcoins, so that's if it will be continue to be falling I want to take the decision of selling it or to still holding till the price recover again.

Holding our bitcoins is the only solution that is better to take during this time of the corona virus's impact on the crypto market than selling in loses and regret when the price doubles.

[teminalibug 309]

Bitcoin will survive this, no need to panic, if we panic we will kill bitcoins ourselves.

[Nezar 7169]

El precio de las criptomonedas ha disminuido significativamente debido a la aparición del virus del virus Corona. El precio ha alcanzado los $ 4,000 y se esperaba o no disminuir. Afortunadamente, la mayoría del país que posee esta moneda se ha recuperado. El último período a $ 7000 y luego la disminución volvió a $ 6,000 y ahora está presenciando la estabilidad entre el precio de $ 6,000 y el precio de $ 7000 y creo que el precio se mantendrá así hasta que termine el medio evento.

[Jeet Narayan 1940]

I suggest you to hold your Bitcoin and still wait till the price of recover. If you have good amount of Bitcoin than you can also do trading because now Bitcoin doing too much up and down. 

[Honny143 13612]

Corona virus does huge damage for crypto currency prices, not only crypto so many countries destroyed their economy, so in this situation crypto doing good performance, because now all crypto coins in stable level , I think is soon bitcoin also hit 10000$ dollars mark.

[Mcd0d0 5882]

On 3/29/2020 at 5:49 PM, guatazoo said:

do you think that's the price of bitcoin may continue to fall massively?

I think no because as of now, the price of bitcoin are being stable at $6900 - $7000 which is good for us because the price of it is not dumped by to its small value, the market are now recovering and wait for the comeback of bitcoin and other coins.

[Virgil dijk 1431]

It is said that patience is one of the key to success, many holders due to impatient sells their coin at lose because of price seems to be going down, but at this point of bearish season many people still buy because there see it as an opportunity to make profit later when the price increases, so it's better to have patience and watch the market closely.

[DokAgsikap 145]

5 hours ago, Honny143 said:

Corona virus does huge damage for crypto currency prices, not only crypto so many countries destroyed their economy, so in this situation crypto doing good performance, because now all crypto coins in stable level , I think is soon bitcoin also hit 10000$ dollars mark.

It really affects the market so hard, I have invested in a certain coin, then now, it almost half of the price that I bought it, I have a 50% loss on it.

[Ayush Singh 1175]

While seeing the effect of coronavirus I am surprised that Bitcoin price is seems to increase some of the days and it is a good sign for all the users of Bitcoin that in this tough situation also the price is moving upward and we'll wish that after coronavirus gets end up the price will continue to rise.

[Dark_Sky 8489]

On 3/29/2020 at 6:04 PM, bliznec said:

No, the price of bitcoin will not be able to fall further due to Coronovirus. Most likely, the epidemic will either increase its dynamics or completely disappear in the month of April. This means one of two options. I believe Bitcoin will go over $ 10,000 in a short period of time. 

I'm hoping and waiting for that to happen for me to sell the coins the I'm holding for a long time. 

That's really a good news if it reach my desire amount. 

I can't wait for the big rise in the bitcoin price. 

[BrolySSJ 7899]

I was only natural for the price of bitcoin to fall after the first breakout of the covid 19 pandemic and this is due to the fact that the economy was in a very bad place and as a result eh demand for crypto went down significantly, as people may have found it better to use their funds for more essential stuff rather than for investment. As a result the price was lowered considerably to try and promote bitcoin purchases. This however was short lived and the price of bitcoin and other crypto is now on the rise once again.

[kadayakito 765]

Bitcoin is absolutely not affected or collapsed because of the corona virus. Bitcoin is only affected a fraction of this virus. The actual virus cannot afford to crash bitcoin. Bitcoin will still increase in value. Bitcoin's value will soon rise even higher. Bitcoin is over $ 9,000