Quote from: Wexnident on March 17, 2020, 10:34:57 AM

This is just temporary. It's not like Bitcoin died or anything, it's usage become non-existent or something better than it came up ( and even if it actually did, i'd guess a split or so of investors). Mostly because of the panic currently ongoing around the globe, Bitcoin has dropped down by such a huge amount. A lot of factories have temporarily closed down, a lot of businesses started closing down temporarily as well, people have no source of income (temporarily) and they are in need of money to spend towards supplies (*ahem hoarding ahem*).

Expect that once a vaccine has been made, panic would quickly subside and the market would probably start going up like really quickly. Why? Because the most threatening problem on the eyes of the populace is gone, so they'd probably strat returning to their everyday lives. Once they see the market and it's price, who wouldn't buy it up right?

vaccine is already in trial phase as we speak. and there are quite number of institutions and pharma companies that are into developing the vaccine. about 35 companies are racing to find the vaccine. I guess the number of companies is more than this as it is around the globe that is finding this precious vaccine and possibly cure for those that are already infected.

https://www.theguardian.com/world/2020/mar/17/when-will-a-coronavirus-vaccine-be-ready

https://edition.cnn.com/2020/03/17/health/coronavirus-vaccine-first-dose-participant/index.html

we are starting to see green again in the market. i hope there will be more positive news coming from these companies in the coming days. so the situation of what we have right now is just temporary, it is not forever that they will not find solution for this pandemic.