Analyst Says CoronaVirus WON'T Destroy Bitcoin And Other Crypto Currencies.

[Ryken8 545]

On 3/29/2020 at 11:50 PM, Cammer said:

Hello dear friends. 

So an analyst said that statement on his Twitter account. Bitcoin Macro is a famous person who publishes news about Crypto. Check out the picture down below: 

And he was right, we experienced the corona dump in prices around Mar and Apr 2020 and now crypto prices are pumping riduculously high!

[Brushless4500KV 4214]

After the outbreak of the pandemic, physical presence of the people in offices or going out for shopping were the main problems. Internet was the way to go because it could reduce the risk of getting infected with the virus. So, what is the best way of having an income in that situation? Certainly cryptocurrency. After the initial fall of prices, many crypto investors bought lots of coins and held them until now. That is 400% profit which is indeed huge! Bitcoin rose from $4000 to $16000! Therefore, in reality, crypto came into the main focus after and during the pandemic.

[Jeje17 101]

On 29‏/3‏/2020 at 19:37, Bohana said:

هذه راحة كبيرة لنا! مع العلم أن الخبراء ما زالوا يقولون إن البيتكوين ستقف في هذه الأزمة التي أثرت على عالمنا. لكن ماذا يقصد بجملته الأخيرة؟

I think he meant the last sentence. If you keep $ 150 worth of Bitcoin, you are safe, because the price will go up a lot. good luck

[wassim19 645]

The Corona virus has affected all financial markets greatly and affected most companies and reached large losses, but Bitcoin was affected a little at first, then it began to recover and returned to its original position and began to rise

[Mosab73 333]

The analyst’s words are correct. We all mention that the price of Bitcoin reached $ 6,‭000‬ in March and a decline occurred in the rest of the cryptocurrency prices, but the Corona virus did not destroy the Bitcoin currency and the rest of the cryptocurrencies and the evidence is that the price of Bitcoin reached $ 15,‭900‬, which means that it has doubled since March, about ‭150‬  percent

[Khan 1414]

On 3/30/2020 at 12:24 PM, tienda said:

Yes is possible Corona Virus will not destroy Bitcoin and other cryptocurrencies directly but indirectly yes! because Corona virus destroy the world economy, so if the economy is stopped I think also cryptocurrency markets will reduce thier activity.

The possibility of that truth is almost 20% because as you know that the Fait currency has been stopped to be provide because of the virus spread so people are looking for the alternatives.

[mzk7736 1592]

Corona virus will have only biological effects not financial effects for long term. The losses will be compensated after lockdown ends. Infact crypto will be in more demand because of people reluctant to touch my money due to fear of getting COVID.

[cryptovlek 2597]

Was this post and the tweet a joke? This person is just trying to make himself look better than others posing as some big investor and the rest that worry are poor unlike him to be rich. A big moron that I have seen in twitter and was always stupid like that. We don't need people like this fake analyst. There are better that are more serious. This person is not worth our attention. My original $150 investment is now worth double so what is the point about this tweet and why do you think it is important to make a post about it?

[VijithaVarghese 1994]

Great post my friend. The pandemic anyway had a really big impact on the cryptocurrency in the financial market. The effect on economy was also quite drastic as the price value came down in a fluctuating manner most of the time.

[Irungu 4299]

I know and it never did unless if people decided that this is what corona Virus never affected us bitcoin coin remains the same and the only cause to change due to corona is when people start using it when we are at home whether sending home or sending to businesses that would be the only cause for the collapse.

[percare 3192]

It is terrible to be so pathetic as this guy and insult the small investors that just wanted to have a few Bitcoin. There are people that this $150 is all their money and this idiot is insulting them like that on twitter, without showing his real face but hiding behind a picture of someone else. This tweet is another disgrace coming from some crypto twitter accounts.

[Bond07 166]

First of all, Don't take me negatively friends. 

 

I think corona virus is one of the reasons of the current pumping of crypto market. People are staying home because of the lockdown and they need to do something to lead their money. Many people chose crypto to make money and so they are investing more and more money on cryptocurrencies which is really good for the market. 

[iloveyobit 6599]

of course he is right , actually my opinion is that corona virus helped bitcoin to grow more and to spread in search engines more , people stops going outside for a while so its a good moment to know something new then boom , there is actually a currency called bitcoin , from here the story started .

[Izeal 4404]

I have full trust in the bitcoin and I only in those cryptocurrencies in which I have trust and one of the cryptocurrency that tops the list is bitcoin. Bitcoin are made for these type of situation like payment by maintaining social distance and instant payment. So, I don't think it's easy to destroy bitcoin.

[Mubarak Salihu Ahmed 1350]

It's a positive news to hear from an analyst because it would give boost to the coin owners but reality is the Pandemic affected prices and value of crypto currencies.but hopefully people who left the market may return to continue trading with this latest development.

[P A Ashif 2409]

I think that Corona is not cooling down but we are the ones who are getting familiar to it. The cases are increasing day by day but now it seems normal. So it's not the Corona cooling effect which is taking the values of the crypto to high. In the pandemic as well the price of crypto didn't get to the worse. I think this pandemic may have affects on other stocks but to crypto no major impact have been done.

[Binfahd 291]

Expert got the prediction very right, they seem confident with their view , and cryptocurrency is pumping everyday even as the pandemic strive all over the world. Sometime expert predictions are true while sometime they happen to not be true

[saradz 2259]

6 hours ago, iloveyobit said:

of course he is right , actually my opinion is that corona virus helped bitcoin to grow more and to spread in search engines more , people stops going outside for a while so its a good moment to know something new then boom , there is actually a currency called bitcoin , from here the story started .

@P A Ashif @iloveyobit Yes, the continuing and escalating global political, economic and social turmoil has contributed to the rise in Bitcoin prices, and it is expected that the Bitcoin currency will maintain its value or even grow in value when other assets such as gold decline.

[Zeshan Khalid 2577]

Instead of having any negative effect the lockdown due to this pandemic in fact proved very valuable for cryptocurrencies because many people adopted crypto payments because of lockdown and closing of business

[Maaz sultan 265]

On 3/30/2020 at 12:11 PM, Brand1 said:

Frankly, the Corona virus, which infected all over the world, had a great impact on the cryptocurrency market, as we witnessed a large number of price declines, but I think the price will return to what it was previously when it is being treated and eliminated.

Yes this is crypto market and it recovered from corona domp now the prices of these crypto going to moon and i think this is bull run started the prices goes to 2x , 4x and after some time market will get back so take advantage as you can and play safely .

[Goyaa 2414]

I agree with these analysts, the corona virus will not destroy bitcoin and cryptocurrency, because bitcoin is the only financial system that is resilient to crises. Right now other finances have been affected by the pandemic and now we see no signs that bitcoin and cryptocurrency will be affected by the coronavirus.

[minisrt_black 1112]

I agree with the analyst because if covid did not destroy bitcoin and the crypt in the first wave then it will not destroy the crypt in the future

[Momo_064 1281]

On 3/29/2020 at 9:50 PM, Cammer said:

Hello dear friends. 

So an analyst said that statement on his Twitter account. Bitcoin Macro is a famous person who publishes news about Crypto. Check out the picture down below: t

Oh great.  I was Very worried about that and i was thinking that is covid 19 hamper in btc price! Thank you for let us clear aabout THIS.  Hope in covid19 we will make us more experienced and we cam earn a good amount     

[Smallingcane012 344]

The corona virus will affect bitcon because throughout the lockdown they is perpectual hardship during this period, so definite they will be affected.

[Khan 1414]

On 3/29/2020 at 9:37 PM, Bohana said:

That's a big comfort for us! Knowing that experts are still saying that Bitcoin will stand in this crisis that affected our world. But what does he mean by his last sentence?

Corona is proving beneficial for the crypto world as the demand is increasing day by day and many new user are taking interest in the crypto currency and they want to be a part of it.