Post
Topic
Board Speculation
Re: Another decline of BTC expected
by
Viscore
on 10/03/2020, 09:53:39 UTC
Also you’re wrong as Coronavirus had a direct and indirect impact on bitcoin prices, and if this virus is not controlled soon then we will witness further decline in bitcoin prices.

Sources:

https://news.bitcoin.com/crypto-community-gets-prepping/

https://www.coindesk.com/coronavirus-impacts-on-bitcoin-and-the-irss-dumb-singularity


I would like to disagree with this one, maybe it will temporarily result to a decrease of price because that's the result of panic, but eventually people will realize that their money is safe with crypto as it's not tied with a certain country's economy, we are decentralized and online so too far from being affected by the virus unlike the paper money.

I have a feeling that this dump would stop and the market will stabilize to be back in bullish trend again.