Thanks to the bravery of three China-based industry experts and the academic opinion of a renowned economist we are able to gain a better understanding of how the coronavirus is affecting the crypto industry.

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17 COMMENTS

  1. Even Gold/Silver (a known safe haven) went down alongside w stocks. So does that mean Gold/Silver is no longer a safe haven? I think not

  2. The "safe haven" comments were missing something critical. Big money influencers manipulated the BTC price downwards, to amke sure it wouldnt be viewed as a safe haven. This is deliberate.

  5. 10:00 that suggests to me, that the elite dumps crypto to avoid moonrockets ascension entering market already now.. A bullish bitcoin at time of markets bigger drop would lead inmediatelly to an unstoppable crash

  6. The conclusion to this video is nonsense. Bitcoin went up almost 50% since the circulation of the news about the coronavirus, yet a 10% drop in price is a signal that its not acting like a safe haven ? GTFO.

    We already know that crypto is volatile with or without fundamental news like a coronavirus.

  9. Lol btc doing what it's supposed to do. Lol its 10 years old. Is someone telling me that this drop is unusual for btc a 10 year old power house… Woop woop

  11. Corona virus is not that serious.. but media make it too much and over the limit.. its scare people.. people die because theyre panic

  13. BTC went down about as much as it had been continuously before this virus was even a thing. As far as I'm concerned the virus has had little effect so far. Not to mention the daily volume has barely budged.

  14. You cannot expect bitcoin as safe haven if you still not have friendly regulation as it has gold with not capital gain tax and unclear legality of cryptocurrencies.

  15. People are panicking and weak hands sold their crypto.

    Money went to bonds, but what people don’t yet realize is, central banks will create an enormous amount of stimulus and money printing to fight this crisis, which will debase and devalue their currencies. That is when gold, silver and crypto’s will skyrocket.

    So there is a temporary sell off, and once people understand bonds and cash are not safe, then only metals and crypto’s will remain standing.

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