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

[Dark_Sky 8489]

On 3/30/2020 at 11:47 AM, Veniatrs said:

Analysts say CoronaVirus WILL NOT Destroy Bitcoin And Other Crypto Currencies, but the reality is not like that. Since the rise of the covid-19 virus and the weakening world economy, the price of bitcoin has also fallen, in this month the price of bitcoin has fallen to 5,000 USD.

But as of now the price is increasing we can say that's a sign that bitcoin will not die due to this crisis. 

This is also a sign that in the near future we can earn more than the price of btc right now. 

[Captain Karim 0]

He says that $ 150 is safe, how about $ 100,000, ha, perhaps his prediction is based on the approach of halving, so he talks about no cryptocurrency market collapsing.

[Soaib khan 1035]

that's true bitcoin can't be destroyed by any pandemic like coronavirus in the past we have seen so many virus but Bitcoin is still running and it will also run none can stop it 

[Cammer 4609]

On 5/13/2020 at 9:23 AM, Basad said:

I don't think his predictions was fair enough bro, because he failed to put the necessary conditions, factors that may warrant crippling cryptocurrency prices in to consideration. Any way it has already happened and BTC and cryptocurency has now recovered from the effect of the pandemic, we look forward to see more great spike in rising of the prices 

I think he was joking. But that joke turned out to be true! We can all see that Bitcoin price is now back to the way it was. That means Bitcoin has been affected by the Corona Virus TEMPORARY. 

[Sunil kumar Behera 489]

Yes it correct that it will not destroy the value of cryptocurrency but coronavirus has some effect on the currency so this is not right that there will be no effect on cryptocurrency whether there was a decrease in price of each and every coins

[Whited35 15285]

Corona virus has give the negative impact to the cryptocurrency markets but I also think the same like it can not entirely destroy cryptocurrency from this world. Yes, price volatility is usual in the crypto world so we need to hope for good move of Bitcoin.

[Mcd0d0 5882]

Well, this is true mate and i think this will be more in demand because some people are not having some work by implementing quarantine, so they will work here to get some extra profit.

[Dark_Sky 8489]

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 agree with what he said. 

I also think that because bitcoin is a big source of the life of cryptoworld so when it's gone I think it will really affects not only the market but also the cryptoworld. 

[Omar Ommeish 4872]

Yes, he is right. The value of bitcoin fell when the outbreak of the Coruna virus began, but it returned to the price it was after a short time.

[Cammer 4609]

5 hours ago, Basad said:

Looking it at from the angle of effects it cause, the falling of BTC price at that time to $4k left some in fear and panic with no option than to dumb and cut their looses. even me I have to release 50% of coins I was holding, Only those who were patient and bold enough were able to hodl coins firmly.

I was very patient when Bitcoin fell down to 4k$. I even asked Cryptotalk members to buy at that price because Bitcoin will definitely go up again, so it is a chance that cannot be wasted. 

[Crypto123 0]

Yes, this analysis is correct, and this has already been proven because we see that bitcoin and other cryptocurrencies have withstood this deadly epidemic. It is true that prices fell slightly but soon recovered and rose again.

[Nab 263]

the epidemic of the coronavirus had consequences in the economy of all the countries impacting in strong currencies like usd and other but nevertheless thanks to that most of countries took measures of precaution and of quarantine some economies recovered and others are in process, we must have much care of live saving our money not to lose it when we must not invest in cryptocurrencies.

[Jami273 2020]

Yes mate.As far as i can see the statement of that analyst was absolutely right.Because all the crypto coin has come to their form again.Almost all the coin's current price is very good.Bitcoin touched 10000$ marks and ETH reached over 210$.So we can say Bitcoin Marco's analysis was perfect.

[Calvinpriva 17296]

At least he gave hope to many btc holders who were giving up on march when the price were falling. We are glad because some of us we hold our btc strong and now we are earning our profits.

[Dark_Sky 8489]

On 3/30/2020 at 3:34 PM, Reostra77 said:

the corona virus does not have a direct effect but it will reduce demand because the world economy will decline and people tend to meet their daily needs first

That's right but gladly I can say that it now surpass the corona because we can see that the bitcoin price really grows up and possible to reach up to twice of its current price according to prediction. 

[Zues 1069]

4 hours ago, Crypto123 said:

Yes, this analysis is correct, and this has already been proven because we see that bitcoin and other cryptocurrencies have withstood this deadly epidemic. It is true that prices fell slightly but soon recovered and rose again.

Yes the analyst is correct and I think that he is right because right now that status and conditions of other cryptocurrencies is still great and I hope that it will be more better because many are hoping that they will earn in cryptocurrencies 

[Cammer 4609]

12 hours ago, Basad said:

And today BTC price has really proven to be the greatest crypto coin to suppress Fiat currency, actually as of that time I was holding enough and I don't hodl what I can't afford that's the only reason made me not to invest but seeing the current rise am regretting for not taking the advantage

A lot of fiat currencies fell down in price due to the economic crisis because of the Corona Virus epidemic. Bitcoin did fall down too, but it came back up.

[Cammer 4609]

4 minutes ago, Basad said:

That's exactly what  am saying too, by that time when the price of BTC brokedown to lower value of $4000, I was planning to buy more BTC at that lowest price to hold for a good period of time to come just like now, that the value is double of the Lowest price and even to double in few months coming

Well, I bought some good amount of Bitcoin back then because I was so sure that this crisis will end. Luckily, it ended for Bitcoin and now it is as strong as it was.

[Cammer 4609]

10 hours ago, Basad said:

You were lucky enough to take that exceptional advantage of investing on BTC by then when the market was brokendown to most lowest of $4000. Presently you are ready to begins the enjoyment the benefits of your investment as it's going to reach $10k

I posted a topic advising everyone here to take this unique chance and buy Bitcoin because I believed it will rise up again. A lot of members took that opportunity!

[Virgil dijk 1431]

Yes that's true and this statement turns out to be true , because in this present time the pandemic (corona virus) is my yet gone , but bitcoin has recovered fully from it because the price of bitcoin has increased so much and I think it will keep increasing.

[koussai999 1986]

Indeed, the virus had a negative impact on cryptocurrencies, but that Bitcoin was completely destroyed
I don't think he can do that, and the effects of the virus now seem to be fading

[Treat1234 0]

Corona virus attack Bitcoin price initially but later on bitcoin won the battle .Corona virus can never destroy Bitcoin.

[CryptoLover21 0]

Bitcoin is all about digital you can send and receive your transaction through the crypto from any where. I believe that bitcoin won't be affected by the outbreak of corona virus. Moving price from higher to lower is it's ritual.

[Thekingcallme 1975]

Yes, his words are true. Nothing will happen to cryptocurrencies, nor will they be affected by the Corona virus, and vice versa will be affected positively because it will increase the use of cryptocurrencies.

[Alimhana930 1605]

Certainly, the decrease that occurred from 9000 to 3000 dollars was expected from the months before the spread of the Corona, depending on the wave analysis and time analysis, and there is no effect of Corona and what happened was purely coincidental as the meeting of the decline with the spread of the virus.