Post
Topic
Board Altcoin Discussion
Re: Chinese Crypto Vs Corona Virus
by
stephanirain
on 25/01/2020, 18:26:32 UTC
Today is a big celebration day of the Chinese New Year, but on the other hand China is being hit by an epidemic that is the corona virus. So the Chinese government recommends that Chinese citizens do not travel on holidays and they close some tourism facilities to the public.
Even in Japan reportedly there are some shops that do not allow tourists from China to not visit their stores.
From this incident, will this affect the economy of China, especially China and the global crypto world?
https://www.washingtonpost.com/business/economy/global-markets-swoon-as-lethal-virus-in-china-spreads/2020/01/23/a2223898-3dff-11ea-8872-5df698785a4e_story.html

It might not look at it, but the population of China is concentrated on cities which some are far away from each other and even Wuhan has some distance from Beijing. The area is closely monitored to prevent further spreading of the virus. Hopefully, the problem will soon be controlled but right now, it has no significant effect on the crypto marker so there is no reason to worry much personally unless you're near China.