Post
Topic
Board Altcoin Discussion
Re: Chinese Crypto Vs Corona Virus
by
Danne87
on 19/03/2020, 12:29:04 UTC
Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.
This outbreak is really affecting a lot of people in Asia and there could a possibility that it could affect the market if the virus is spreading across all over Asia and some people who are investor may used and dump their BTC which is really bad in market.

And i think the impact of this crisis will not be big and recovery will be soon.
The corona virus is really affecting a lot of people in Asia that some people is starting to panic about it. But i don't really think that this epidemic will have a huge impact on the cryto market because it will not help to adopt cryptocurrency all over the world and it will not make people sell their crypto.

Maybe this will only have an impact on the global economy, open to the crypto market, maybe it's only a part of it and it's unlikely that it will be severe.
Viruses like Corona are the government that will deal with them because this is a big problem and almost in Asia affected by the Corona outbreak.
The epidemic of corona virus will only have an impact on the global economy when it comes to treatment cost, productivity of drugs and mortality. But it won't have any impact to the crypto market because this kind of situation won't really help to increase or decrease bitcoin adaptation.
Even as it can. want to say that now there is no effect on market capitalization? when many whales went into stronger assets