Quote from: Hypnosis00 on April 04, 2020, 11:44:57 PM

Quote from: Viscore on April 04, 2020, 11:37:43 PM

Quote from: KTChampions on April 04, 2020, 05:13:03 PM

It seems to me that the probability of panic in the traditional sector is very high next week: we see too disastrous figures for the rate of spread of the coronavirus. Sooner or later, the authorities admit that they are not able to defeat the epidemic and it remains to wait for it to end naturally (while doing great damage to humanity). At this point, panic will be in all areas, including in the crypto.

That's another scary thing, what would they announce then, when big the world declared that covid-19 has become a pandemic, bitcoin dump for awhile but it has then slowly recovered, so if the world would say they give up, it's like the end of humianity, I don't think there will be another announce like that.

They're gonna be losing their hopes and forget about crypto. They are much looking how to survive and so they have to sacrifice their crypto-asset at this time. Panic selling can't be stopped nor to encourage people not to sell either. The war against COVID-19 gets stronger in the other country and that it pushes people to make an unwanted decision even they have to lose.

Anyway, this is not the ending scheme for crypto. They could still have it back once the market cleared and when the spread of coronavirus flattened.

When everything goes back to normal then its just natural for people to go back into their normal lives which includes investing.
For now btc price is still tanking somewhat in spite on the current condition of the world.Its true that most people now are prioritizing on how
to survive thats why it isnt surprising that they would do things even selling on loss or panic sell would happen because living is what most
important or the priority and we wont surely bother if we are on loss or profits in terms of investment.