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

[Lover840 0]

On 3/29/2020 at 9:20 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

Yes its true. Coronavirus won't be able to destroy bitcoin. Currently its quarantine in many countries which is why bitcoin price is not increasing I'm sure after quarantine the market will be recovered. 

[bentayebsalah 2280]

Yes, this is true, the virus will certainly not destroy the Bitcoin currency, but will affect it somewhat due to the fear of some and the activity of whales. Some companies and platforms stopped working only, but Bitcoin will bypass that

[guatazoo 7150]

Of course CORONA virus couldn't destroyed cryptocurrencies, but this will only affected cryptocurrencies a lot, and this affection will cost too many people who are using cryptocurrencies.

[Upright 2688]

It might or may not destroy bitcoin not even the Cryptoindustry, as perhaps predictions are not to be trusted fully this days as it's kind of all complicated to know what the price of Ethereum might be tomorrow,that why we just have to wait and see what the coming days are going to be

It might or may not destroy bitcoin not even the Cryptoindustry, as perhaps predictions are not to be trusted fully this days as it's kind of all complicated to know what the price of Ethereum might be tomorrow,that why we just have to wait and see what the coming days are going to be

[Rezort 846]

This is true because today is the peak of the whole pandemic and bitcoin is feeling okay, so I believe that bitcoin will only grow in the following months.

[Ridam 7455]

Many people are claiming that the virus is killing the market but i don't think it's all because of it's own only there are many factors like donation via Bitcoin in redcrosss organizations which probably increase the demand of coins. And see the Pandemic is there and the coin recover back to 7k$ .

[Cammer 4609]

8 minutes ago, MarsDota2 said:

I think it can by a secondary effect. Corona virus causes peoples to stay at home and if peoples stay at home they have more time using crypto currency. If there are more newbie that doesn't know how to use it well, they sre going to be a crypto trash that can affect the price.

Well, people staying at home doesn't mean that they will use crypto currencies. You have seen the down effect of this disease on Bitcoin when it broke down in price.

[Jessica Karren 1242]

I have the same opinion. Now a day's Corona virus is on its peak and Bitcoin price starts to increase which indicates that this deadly virus is failed to destroy Bitcoin.

[Hanan951 841]

bitcoin can be mining everywhere and also trading and everything will be easy this crisis will make people trade more in their houses as we know they neeed money so alot of people will came to this field soon or later to make money from Houses.

[Ali_hmwi 966]

If any crisis will destroy crypto who created Bitcoin will not bother himself to make the Bitcoin or be one of the people who developed the technology , and Crisis came every years we need to have patient and don't panic they use it for making money from us.

[Trader21 1199]

l don't believe that coronavirus can destroy neither BTC nor other cryptocurrencies. Indeed, l can not deny this fact that corona has affected prices. But it doesn't mean it can destroy coins. 

[pablomarwan 3082]

This is an important piece of information that we have to look at, to say that he is right until now. Conditions have improved and the cryptocurrency market is still growing and prospering, just as most countries of the world are beginning to accept it, especially bitcoin currency, as it is the safe country for the money of its residents.

[rekter 8129]

56 minutes ago, jekichchan said:

A very strange statement on his part. He talks about the price of bitcoin at $ 150. And he says that the virus can simply destroy cryptocurrency. I would not think that this is a joke.

No you misunderstood, he didn't say that bitcoin was going to be worth $150 he was implying people owning only $150 worth of bitcoin, hence the joke that you are safe because you wouldn't lose much anyway.

 

There are lots of jokers in the cryptotwitter.

Edited April 12, 2020 by rekter

[Brushless4500KV 4214]

I have never been worried about crypto with the outbreak of Coronavirus but this twitter post from a famous expert and many similar positive contents about cryptocurrency are really necessary to bring back some hope to the market to stabilize or even increase the prices. The main problem these days are those who are anxious to sell soon in fear of losing their assets in the future. We should try to decrease sell orders in the crypto market to prevent from falling prices. We need more analysts to join the forces to keep the spirits of crypto users high.

[George10 9932]

On 3/29/2020 at 5:50 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

That's a true saying and the only important thing to do here is to keep holding our bitcoins for long-term investment if we really want not to be affected by the impact of the pandemic because the price of bitcoins will return to normal again and even double so theris no need to panic. 

[Zues 1069]

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: t

i think that they will secure it because tat is a property of other people they want to be friemdly with the bitcoin users and secure what they invest in bitcoin. 

[Cammer 4609]

3 hours ago, George10 said:

That's a true saying and the only important thing to do here is to keep holding our bitcoins for long-term investment if we really want not to be affected by the impact of the pandemic because the price of bitcoins will return to normal again and even double so theris no need to panic. 

All of us are holding what we have of Bitcoin. Some of us might sell before the halving occurs and some might keep holding after the halving to see how the price will go.

[Zaino34 0]

Yes, this is true. Whoever Corona virus cannot affect the price more than that, Bitcoin was able to withstand the crisis and after its price dropped to $ 4000, it returned to growth again.

[Dmasked 1840]

To me it seems like he is being sarcastic. Bitcoin has already seen a massive drop in its price due to the virus outbreak and other crypto currency has followed its trend. The price of any crypto currency depends upon its demand and supply. Since the virus is affecting the whole global economy and people in it, it will surely impact the crypto world too.

[johant123 1559]

On 3/29/2020 at 6:37 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?

He probably means that the smallest investors worry the most. If you are worried about losing $150, the volatility of crypto currencies is probably not for you 😉

 

I think Bitcoin is fine in the medium to long term indeed. And I am curious to see how the crypto landscape will develop over time!

[Ayush Singh 1175]

Its very good to hear this news if the analyst has analyzed the true future of bitcoin and other Cryptocurrencies then it will definitely satisfy all the users because due to coronavirus the whole crypto market have been damaged there is a huge downfall in the prices of coins.

[Nezar 7169]

El virus Corona tuvo un papel muy importante para mí, afectando los precios, ya que disminuyó drásticamente a más del 50%, y este asunto asustó a muchas personas, pero uno de los miembros no debe temer porque el precio volverá a subir muy pronto.

[Mishu1234 101]

Analysts said that corona virus will not destroy cryptocurrency as well.as bitcoin and this is true but it will have a negative effect on the cryptocurrency and we are seeing the effect of it on crypto     

[iloveyobit 6599]

Yes, I also agree with him, all the financial markets were affected by the virus, not just the crypto market, and soon everything will return to normal when the virus disappears.

[Jeet Narayan 1940]

I agreed with you Corona virus won't destroy Bitcoin but due to corona virus all Cryptocurrency price goes in down. I think it take more time to recover this situation and after this everything will alright.