Topic: Bitcoin after the pandemic - page 4. (Read 4216 times)
Pandemic is still not yet end but the bitcoin is still at a higher value. It is clear that pandemic has a huge impact in bitcoin, through the pandemic, the demand of bitcoin suddenly increasing and many people who lost their job is now working in crypto either doing trade, joining a campaign or just investing and holding for a long term. Also through the pandemic many people become openminded and start to adopt digital currency.
This Pandemic brings us into many different thoughts, from business to industry, economy and even own our national status, and bitcoin is not exempted, we thought a lot about how was bitcoin after pandemic? we see how it became so low during this time but we also hoping it will full blast after Pandemic, it's like sleeping Giant we don't know when and how but when it happen it would be beneficial for everyone who engaged into it much so to those who invest..so let's hope for the best!
This pandemic crisis brought a lot of positives to crypto.
In its own way, it finds its way to be noticed by the public and for the community to recognize its great potential in the payment industry.
Now, not only in payment aspect but more so on its investment side. BTC holders are keeping their coins mostly for investment options.
In general, this pandemic brought negative and positive results. And when it comes to crypto, positive mostly.
It also helped a lot of people realize that our way of living can be pushed into a more digitized state and have a better result of our daily living. It pushed most communities to use the technology they have and make the best out of it to avoid direct contact to people. Bitcoin along with other Cryptocurrencies can play a huge role within this world and this governments have to realize that its impact is greater once recognized since it can really push the economical status of a country into a much better one.
I think there must be a little bit of influence, both positive and negative.
On the positive side, my prediction is that there will be a lot of people who are starting to struggle about cryptocurrency, especially bitcoin, because this is one of the most profitable projects, both in the long and short term. moreover nowadays everyone prefers to make a profit without working hard.
because I'm sure even after this pandemic is over and the world returns to normal but in the economy it will definitely be difficult to return to normal and it takes time and bitcoin is the solution.
On the negative side, I don't think it's too much of a problem even if people start getting jobs that were stopped due to the pandemic and the stores reopened, so this is a comparison of which is more profitable between bitcoin and others for the future.
On the positive side, my prediction is that there will be a lot of people who are starting to struggle about cryptocurrency, especially bitcoin, because this is one of the most profitable projects, both in the long and short term. moreover nowadays everyone prefers to make a profit without working hard.
because I'm sure even after this pandemic is over and the world returns to normal but in the economy it will definitely be difficult to return to normal and it takes time and bitcoin is the solution.
On the negative side, I don't think it's too much of a problem even if people start getting jobs that were stopped due to the pandemic and the stores reopened, so this is a comparison of which is more profitable between bitcoin and others for the future.
As for what's going to happen to bitcoin (and the altcoin market, too) after COVID-19, I get a queasy feeling in my stomach when I think about what'll happen when interest rates start to rise or if unemployment starts to go up, in addition to the inflation of the USD that I've been expecting for years now. In other words, if the economy in general gets fucked up bitcoin and all of its little duckling alts are going to suffer. Massively.
The economy has already suffered as a result of the pandemic and still continues to suffer with some signs of recovery, because governments and the population have already come to terms with the ongoing pandemic and have found ways to continue economic activity. Therefore, after the end of COVID 19, it seems that we should expect an increase in economic activity, but it is not fully clear how this will correlate with the inflated stock market and whether this will lead to another crisis. In theory, in the subsequent crisis, bitcoin will have to behave as a protective asset, but not immediately and not constantly, last year's events about the exchange rate of bitcoin clearly hint at this. Pandemic have nothing to do with decentralized currency because bitcoin is a digital currency that is not control by any country in the world. It pump and dump without any government permission.
During the pandemic many people thought pandemic is the reason why bitcoin was pumping until now that bitcoin price is still increasing in the market to prove them wrong that pandemic is not behind of the pumping in the exchange market. Many government just recover from the lost the pandemic caused to their economy.
Traditional investor need a place to store their money, that is the point. I mean, when the pandemic came almost traditional market fallen, right? It means most traditional investor lost their money. If they still continue to keep their money whereas the investment place continue to decrease it is just will make they continue lose their money. During the pandemic many people thought pandemic is the reason why bitcoin was pumping until now that bitcoin price is still increasing in the market to prove them wrong that pandemic is not behind of the pumping in the exchange market. Many government just recover from the lost the pandemic caused to their economy.
This is why, bitcoin is a choice for them to atleast store their money. If they keep money in the bank the inflanation will be the first risk that will be faced. If they keep their money in the traditional market they will also loss their money. So as they will buy bitcoin or gold as alternative, so in my opinion pandemic is caused the price bitcoin pump.
Its deflationary and safe-heaven characteristics were recognized and everyone became abruptly bullish.
Lol, I don't think that's quite what happened. More like governments across the globe have been providing their citizens with free money in the form of stimulus, and people have been blowing said money on all sorts of speculative investments, bitcoin and other cryptos being among them. That and big purchases by deep-pocketed companies like MicroStrategy, Tesla, and others have led to the crazy bull market we're in--not that people suddenly realized the fundamental value of bitcoin.As for what's going to happen to bitcoin (and the altcoin market, too) after COVID-19, I get a queasy feeling in my stomach when I think about what'll happen when interest rates start to rise or if unemployment starts to go up, in addition to the inflation of the USD that I've been expecting for years now. In other words, if the economy in general gets fucked up bitcoin and all of its little duckling alts are going to suffer. Massively.
However, I'm hoping for the best. These have certainly been some of the darkest days of my lifetime, and I've got my fingers crossed that things aren't going to get worse. Should that be the case, it ought to bode well for bitcoin.
Unless you can walk into a shop make a selection of goods, go to the counter scan their QR code and pay via Bitcoin (and the transaction is confirmed near instantly as is the case with the Lightning Network), then bitcoin's only real continued attraction will be with the speculative investors with a few thousand/million cash to spare that they don't mind parking for three to six months, then the novelty wears off and dump on the next unsuspecting investor.
Yes, if this initiative could be adopted and implemented in all countries of the world, it would be much better to go to any store to buy a product and trade in Bitcoin. Hopefully this initiative will be implemented in all countries of the world soon This Pandemic brings us into many different thoughts, from business to industry, economy and even own our national status, and bitcoin is not exempted, we thought a lot about how was bitcoin after pandemic? we see how it became so low during this time but we also hoping it will full blast after Pandemic, it's like sleeping Giant we don't know when and how but when it happen it would be beneficial for everyone who engaged into it much so to those who invest..so let's hope for the best!
This pandemic crisis brought a lot of positives to crypto.
In its own way, it finds its way to be noticed by the public and for the community to recognize its great potential in the payment industry.
Now, not only in payment aspect but more so on its investment side. BTC holders are keeping their coins mostly for investment options.
In general, this pandemic brought negative and positive results. And when it comes to crypto, positive mostly.
Both have impacts but it's more weight with institutional investors, they've got a huge amount of investment
compared to those combined stimulus recipients, if those institutional investors multiplies their invested money
the impact will surely pumped the market, while with stimulus holders, they can also move the market but not
that much.
compared to those combined stimulus recipients, if those institutional investors multiplies their invested money
the impact will surely pumped the market, while with stimulus holders, they can also move the market but not
that much.
It will be wrong to make such claims without knowing exactly how much amount was put by the institutional investors and the individual investors. According to some of the researchers, more than $25 billion from the stimulus checks will be used to purchase Bitcoin in the coming months. I really doubt whether the new influx from institutions is worth more than this amount. Therefore I would say that the current rally is being driven by individuals, who are using their stimulus checks to purchase BTC.
The pandemic turned out to be a blessing 8n disguise for most persons and nations too. As it opened the eyes of citizens to see the need for other forms of investments, online investments for which, the government have little or no influence over and isn't bounded by any boundary. This is what they found in bitcoi and cryptocurrencies and as such, the crypto market which fell at the initial phase of the pandemic soon experienced a boom as it gained new investors and since then, its just being going on and on. The pandemic became the push crypto needed.
We need to be considerate here, while I understand your point millions of people have died because of the pandemic and many more have lost their jobs and right now do not have a way to support their family, the pandemic has been terrible for the world and it is a shame that people had to go through in order to learn those lessons that you are speaking of, however I'm not so sure that the lessons they have learned are going to stick for the long term especially if things go back to some semblance of normality during the next months. Pandemic has a very little effect on the price of BTC. When great influential and the richest man in the world are in the game, you should not expect anything less. Besides, Paypal is introducing the acceptance of BTC as a medium of payment to all merchants which are in millions, Visa just announced the same using Ethereum blockchain and USDC. All these contributed a lot and hence bring about the mass adoption we are seeing recently.
I beg to differ because most pumps in the prices were caused by people putting their stimulus checks into bitcoin and those checks were not possible if there wasn't a pandemic. Yes there are institutional adoptions coupled with that but that doesn't discount the fact that the pandemic contributed less on the growth. Maybe after pandemic, people are going to introduce bitcoin to other people when they can finally get out and institutional investors are still going in.Both have impacts but it's more weight with institutional investors, they've got a huge amount of investment
compared to those combined stimulus recipients, if those institutional investors multiplies their invested money
the impact will surely pumped the market, while with stimulus holders, they can also move the market but not
that much.
I beg to differ because most pumps in the prices were caused by people putting their stimulus checks into bitcoin and those checks were not possible if there wasn't a pandemic. Yes there are institutional adoptions coupled with that but that doesn't discount the fact that the pandemic contributed less on the growth. Maybe after pandemic, people are going to introduce bitcoin to other people when they can finally get out and institutional investors are still going in.
Stimulus checks hasn't reached a majority of the recipients yet. From the latest estimate, the checks have been sent to 130 million people, but there will be delays in receiving and encashing them. IMO, the full impact will be known only after 2-3 months. 7th April is the date being given for social security payments. BTW, now there is a new proposal for monthly stimulus checks of $2,000 for every American, until the pandemic is eradicated. The details can be found here:
https://www.dataforprogress.org/blog/2021/1/04/65-percent-support-monthly-2000-checks
Pandemic have nothing to do with decentralized currency because bitcoin is a digital currency that is not control by any country in the world. It pump and dump without any government permission.
During the pandemic many people thought pandemic is the reason why bitcoin was pumping until now that bitcoin price is still increasing in the market to prove them wrong that pandemic is not behind of the pumping in the exchange market. Many government just recover from the lost the pandemic caused to their economy.
During the pandemic many people thought pandemic is the reason why bitcoin was pumping until now that bitcoin price is still increasing in the market to prove them wrong that pandemic is not behind of the pumping in the exchange market. Many government just recover from the lost the pandemic caused to their economy.
Pandemic has a very little effect on the price of BTC. When great influential and the richest man in the world are in the game, you should not expect anything less. Besides, Paypal is introducing the acceptance of BTC as a medium of payment to all merchants which are in millions, Visa just announced the same using Ethereum blockchain and USDC. All these contributed a lot and hence bring about the mass adoption we are seeing recently.
I beg to differ because most pumps in the prices were caused by people putting their stimulus checks into bitcoin and those checks were not possible if there wasn't a pandemic. Yes there are institutional adoptions coupled with that but that doesn't discount the fact that the pandemic contributed less on the growth. Maybe after pandemic, people are going to introduce bitcoin to other people when they can finally get out and institutional investors are still going in. 
The pandemic surely helped Bitcoin and other cryptocurrencies be more widespread and I like seeing that there are many people that have understood the main benefits of it and they're keeping it as a store of value. Last year, 22% of the circulating USD was printed which was around $9 trillion. This clearly shows that the economy was f*cked up last year. The debts are now even bigger.
This is when Bitcoin was seen as a solution. Its deflationary and safe-heaven characteristics were recognized and everyone became abruptly bullish. Now I wonder, what will happen to Bitcoin once the pandemic is over? Once we'll live just like we did in 2019? It will surely have a big impact on the market, but I don't know if it'll be a negative or a positive for Bitcoin.
This is when Bitcoin was seen as a solution. Its deflationary and safe-heaven characteristics were recognized and everyone became abruptly bullish. Now I wonder, what will happen to Bitcoin once the pandemic is over? Once we'll live just like we did in 2019? It will surely have a big impact on the market, but I don't know if it'll be a negative or a positive for Bitcoin.
I doubt that there will be a significant change in the value of bitcoin even after the pandemic.
One important thing to note, it is estimated that the whole world would normalize their operations after 5-6 more years due to the variants of the virus which hinders health developments. One important thing that I learned is to HODL the coins and save it for the future or until its value matures depending on my goal. The virus definitely helped increased its value but that factor alone does not depend solely on why its price skyrocketed in the first place.
Pandemic has a very little effect on the price of BTC. When great influential and the richest man in the world are in the game, you should not expect anything less. Besides, Paypal is introducing the acceptance of BTC as a medium of payment to all merchants which are in millions, Visa just announced the same using Ethereum blockchain and USDC. All these contributed a lot and hence bring about the mass adoption we are seeing recently.
I strongly disagree about the very small impact of the pandemic on the current price of bitcoin, because let's not forget that the current fantastic growth rates of capitalization of some companies and, accordingly, the wealth of their key shareholders happened due to the policy of printing a lot of money precisely because of the pandemic. And I personally am not sure that after the collapse of such a policy by central banks, the bitcoin exchange rate will remain at such price levels. 
Which pandemic do you mean
Are you referring to the Woke wankers who are infecting society
Are you referring to the Woke wankers who are infecting society
Pandemic has a very little effect on the price of BTC. When great influential and the richest man in the world are in the game, you should not expect anything less. Besides, Paypal is introducing the acceptance of BTC as a medium of payment to all merchants which are in millions, Visa just announced the same using Ethereum blockchain and USDC. All these contributed a lot and hence bring about the mass adoption we are seeing recently.
With a fully decentralized system, Bitcoin is far from desiring central banks and governments for quantitative easing. Plus the digital scarcity embedded in bitcoin DNA, because the maximum supply is only 21 million token, this is one of the main characteristics that will continue to increase in value over time and form the widespread perception that Bitcoin is (digital gold), because Bitcoin is superior to the value of other assets by being a global means of exchange.
Especially when the world is hit by a pandemic, crypto is the best solution for some people who are currently unable to use banks because of the lockdown set by the government, so they are forced to live in a confined environment which makes sending and receiving money more difficult, Both when making transactions internationally and with the closest family. That way they are better prepared to face the global economic crisis. like the current market crash due to COVID-19.
Especially when the world is hit by a pandemic, crypto is the best solution for some people who are currently unable to use banks because of the lockdown set by the government, so they are forced to live in a confined environment which makes sending and receiving money more difficult, Both when making transactions internationally and with the closest family. That way they are better prepared to face the global economic crisis. like the current market crash due to COVID-19.
Bitcoin made a huge jump on the duration of the pandemic, maybe it was all because plenty of people all over the world are trying to avoid physical transactions and wanted to invest their money on other investment instruments otger than the bank. Once the pandemic is over, everything won't be the same anymore. Bitcoin will continue its reign of dominance or the other way around, we can never be certain about its future. It would be best if we'll keep on monitoring the price change in the market to figure out if an income dump or pump is coming. Let us hope this pandemic stops already so we can see greater opportunity otside, we've been caged inside our houses for so long already. Maybe its beneficial for bitcoin but not for everyone, also maybe better things would happen for bitcoin if it ends finally.
There's a lots of speculations and yes because of this pandemic people start to see the big potential of Bitcoin.
The value rises up not just because of this pandemic but also because of those participations coming from big investors and businesses who
shows support to this chain.
Most probably once everyone is free to go out, the chance of having more investors are possible, as some are still don't have enough fund
but once they've gathered money they'll be coming to start investing.
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