Quote from: olumyd on January 31, 2020, 08:34:52 AM

Quote from: gabmen on January 29, 2020, 11:40:48 AM

Quote from: Chaintrader_1 on January 29, 2020, 11:09:50 AM

The Corona virus is spreading and is visible in the financial markets as well as in Bitcoin : https://youtu.be/DZ7Ps70of4I

Well if you'll observe, the market has gone positive quite recently. I don't know if there's any connection but it seems that circumstances like these would make digital and electronic transaction more relevant. It's safer that p2p contact transactions. I think there are people who also thinks this way and looks ahead, boosting crypto's stock. We've quite sustained 9k already for a few days.

Personally, I'm not sure there's any relation between Corona virus and the crypto market. Crypto market has always tended to be bullish in this period (before the halving), so all a coincidence. But if there are fundamentals (beyond speculation) that BTC is in fact bullish in the areas where Corona virus is active, would be nice to underscore this as historic, though minor, but could imply greater microeconomic roles to come in the future.

Lets just simply try to differentiate a market and a virus outbreak.For somehow this one do really affect some sectors of the economy but wont really come to that some sort of affecting it mainly.

We do even say that Forex and Stocks sentiments doesnt have correlation with Crypto market which come to think that they are more near and a relevant one to be compared on rather than on a virus break out.

Majority of us here would have the same views and do agree on each points.