Post
Topic
Board Speculation
Re: Corona Virus will Impact the price of Bitcoin ?
by
slaman29
on 31/01/2020, 10:52:36 UTC
That's indeed shows how coronavirus fears hit everyone in the financial market include that oil king ...

Shares... stocks market etc are now hot shaking.
It won't last long , it's just a temporary fear and everything would reflected to normal where it should belong.
These fundamentals rumours more to a bullshit that what trader needed in order to get some profits from the bad weeks .

I get how coronavirus fears hit stocks especially those companies that really rely on travel and on imports from China, etc.

But I don't get why it should be good for bitcoin, especially when a lot of businesses and corporates are China related, and also conferences and events for crypto are all there. Shouldn't price be going down because of bad news in China?