Post
Topic
Board Economics
Re: Corona Virus and The Effect on The Markets
by
Magkirap
on 31/01/2020, 03:51:37 UTC
I don't think it's having any sort of effect on the markets. It would have to be ten times worse in terms of spreading. It  has to be bigger, like a war.
I think if the virus continues to spread around the globe it will surely affect the market for tons of people will not be able to buy and sell because they're more concern about the virus and that means the demand will slide down that can make prices go down as well and in this kind of situation specially in the origin of virus people might convert their cryptos to fiat for emergency use but that will be just for a moment where they will use exchange site but after that they will temporarily abandon their accounts because of the virus spreading.