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[NoLimits15]

There is no doubt that whenever there is an ongoing crisis happening in the world, bitcoin's price gradually rises. The latest Coronavirus outbreak may have caused prices to reach the $9000 mark. I'm not happy about this becasue it's a deadly virus that can kill millions of people, and I want it to be GONE.

 

[microunit]

I don't think that's the case , as most probably it's the halving that is goin to come

 

[KarthikP]

Lol , there is no way a relationship between that virus and the Bitcoin price been rising. Yeah as @microunit said , it's Bitcoin halving which is responsible for high maybe

 

[Balint098]

There is maybe a correlation with how the virus causing China to shutdown more cities. Investors freaked out and them pulled their money out of traditional investment programs, fearing how this outbreak would impact China's economy and use Crypto as a temporary safe haven.

 

[Bilalgul]

But it is not something you can blame upon it is actually that it Bitcoin is helping the people during the lock down and people are starting to see that they can still use Bitcoin when all other things are stop

 

[Brain]

I have read a while back that people arw buying more crypto since this pandemic so I think I a way it can affect the crypto world. More demand has naturally bring increase in price.

 

[Mbwolf]

corona virus pandemic made bitcoin fall then it's rising again and I guess we will see it fall again next months but the rising that will happen after that it will be legendary

 

[Brain]

corona virus pandemic made bitcoin fall then it's rising again and I guess we will see it fall again next months but the rising that will happen after that it will be legendary

It still on the rise now it will soon hit the $9k soon and I'm sure it is moving towards $10k before it will eventually drop. I think this is more of demand and supply equation though.

 

[kaleembilal]

Well that could be the one case but we should not forget that the halving is also very near or I would say we are on its brink so give some credit to it too

 

[SCAMEXPOSER]

Halving has come and gone but no significant effect on bitcoin price , probably Corona pandemic made bitcoin rise because many people engage on bitcoin transactions cos they are less busy

 

[microunit]

No,you are wrong..for corona virus btc price was down much but now a days a lot of investor coes in btc which lead btc price go up

you are much wrong, the coronavirus pandemic is still going till now and probably a few more months or more until a vaccine is made available worldwide , because of the pandemic people has to stay home and switch to making money online, and bitcoin is tied up with lots of making money online niche

 

[SCAMEXPOSER]

you are much wrong, the coronavirus pandemic is still going till now and probably a few more months or more until a vaccine is made available worldwide , because of the pandemic people has to stay home and switch to making money online, and bitcoin is tied up with lots of making money online niche

Thanks you understood my opinion much more better, people with money decided to switch to crytpo since it is easier to invest, you don't need to go out to trade it as other businesses are down.

 

[microunit]

Thanks you understood my opinion much more better, people with money decided to switch to crytpo since it is easier to invest, you don't need to go out to trade it as other businesses are down.

yep it's easier to invest in crypto though provided you have proper knowledge about investing it and you're doing your researches properly to the site you are wanting to invest to to avoid scams

 

[SCAMEXPOSER]

Who ever that want to invest on crypto or has invested on Crypto must be ready to get updates and watch closely activities arround the Crypto cos it all about buy and sell at the right time.

 

[microunit]

Who ever that want to invest on crypto or has invested on Crypto must be ready to get updates and watch closely activities arround the Crypto cos it all about buy and sell at the right time.

yep you are absolutely right, I've seen people in the past that invest in bitcoin when bitcoin was around its peak around 19k$ and they immediately regretted buying/investing on bitcoin on that time

 

[SCAMEXPOSER]

yep you are absolutely right, I've seen people in the past that invest in bitcoin when bitcoin was around its peak around 19k$ and they immediately regretted buying/investing on bitcoin on that time

Such people may never have the interest to invest in bitcoin again, only few business minded persons will believe that things could turn around sometimes. When Bitcoin gets to some level they could be dangerous to invest on.

 

[microunit]

Such people may never have the interest to invest in bitcoin again, only few business minded persons will believe that things could turn around sometimes. When Bitcoin gets to some level they could be dangerous to invest on.

yep, and those people during those time loathed bitcoin and think about bitcoin negatively, though Hope they will be informed about bitcoin so that they will understand that they are in the wrong not bitcoin

 

[SCAMEXPOSER]

I see bitcoin just like other commodities that one can buy and sell immediately in a different location, there are times you can loose and there are times you can gain, so is bitcoin, once you know the tricks you don't get disturbed even if it falls. Those who invested during this Corona pandemic were lucky to an extent.

 

[microunit]

I see bitcoin just like other commodities that one can buy and sell immediately in a different location, there are times you can loose and there are times you can gain, so is bitcoin, once you know the tricks you don't get disturbed even if it falls. Those who invested during this Corona pandemic were lucky to an extent.

I myself am one of those investing in bitcoin users, hell I've been hodling my bitcoin earning from faucet sites and ptc ads since last 2 months ago

 

[Concernednoneif]

It can be the case but also remember that if an economic breakdown occurs worldwide then it would also take bitcoin down with it