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Topic: Bitcoin after the pandemic - page 5. (Read 4279 times)

full member
Activity: 1638
Merit: 122
April 01, 2021, 11:48:03 AM
We are sure that even after the end of the pandemic the impact on the market will be positive for BTC. More and more people start investing in crypto now. This trend will definitely continue.
they inves because their primary source of income are temporary closed
I really hope this is true. In my opinion a lot of people who got money from the Corona Relief Fund and didn't really needed it used it for investing. Buying either Stocks or Crypto currencies is a good idea. So if the pandemic goes on for another 2-3 years things could get very difficult, but if we manage to end it this year it should be a very positive outlook for Bitcoin. It all comes down to if the vaccines are going to be enough and if we can actually manage to open the economies again.

they need the money because livelihood of the people are affected but if there is an excess in that fund they can use it for crypto investment because it can help them earn while waiting for the situation to settle .
if the lockdown periods are extended it wont cause difficulty to the individuals that are covered by help but it can cause problem to the government
sr. member
Activity: 2660
Merit: 339
April 01, 2021, 10:48:52 AM
In my opinion a lot of people who got money from the Corona Relief Fund and didn't really needed it used it for investing. Buying either Stocks or Crypto currencies is a good idea. So if the pandemic goes on for another 2-3 years things could get very difficult, but if we manage to end it this year it should be a very positive outlook for Bitcoin. It all comes down to if the vaccines are going to be enough and if we can actually manage to open the economies again.
Another important part about this is the fact that some nations pick vaccinations and think that one is better than the other. It could very well might be true, maybe some vaccinations are better than the others I can't say it is not because I am not a scientist, but the reality is that if we have one vaccination in our hands, we will use that and we can't just wait for the other one to come neither, that would be very difficult, for example Europe doesn't accept Chinese vaccination as acceptable and doesn't take people who are vaccinated with that, and that means if you are in a nation with Chinese vaccination you have to get it done or you have a bigger chance to die but Europe says they will not allow you to go to Europe if you have it, so you have a possibility of dying while waiting for their vaccination instead, does that make any sense at all?
sr. member
Activity: 1050
Merit: 286
April 01, 2021, 09:48:31 AM
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.
hero member
Activity: 1036
Merit: 674
March 30, 2021, 05:01:47 PM
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.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
March 30, 2021, 04:56:01 PM
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.
I don't really think that a lot is going to change, people are slowly opening their eyes about what governments are doing with fiat currencies and there are many reasons for this, probably one of the most important is the Internet, it is almost impossible to imagine our lives without Internet right now but a few decades ago the Internet did not existed so it was impossible to get unfiltered information as we do now, so governments controlled what their citizens knew about the system and as such it was easier to control them, but since that is not the case anymore people are realizing the scam of fiat currencies and they do not want to play part in that system anymore.
hero member
Activity: 2128
Merit: 520
March 30, 2021, 12:49:55 PM
We are sure that even after the end of the pandemic the impact on the market will be positive for BTC. More and more people start investing in crypto now. This trend will definitely continue.
Most of the people are working from home in this pandemic situation. A lot of people have lost their jobs and earning opportunity. After pandemic situation, people will be able to invest again on bitcoin and this will be positive sign for bitcoin. I hope, after pandemic, we will be able to see a great move of bitcoin.

A lots of good movements happened inside this industry, for sure after this pandemic and once people already got a better

financial status, investing to this market will also considered. A lots of actions and more and more new investment will flow inside

this market, we seen it now even the virus still hitting more places around the world, the interest are weighting in. There are more

to come as expected.
sr. member
Activity: 1750
Merit: 267
March 30, 2021, 09:30:18 AM
We are sure that even after the end of the pandemic the impact on the market will be positive for BTC. More and more people start investing in crypto now. This trend will definitely continue.
Most of the people are working from home in this pandemic situation. A lot of people have lost their jobs and earning opportunity. After pandemic situation, people will be able to invest again on bitcoin and this will be positive sign for bitcoin. I hope, after pandemic, we will be able to see a great move of bitcoin.
hero member
Activity: 1414
Merit: 574
March 30, 2021, 08:25:03 AM
That's one of the advantages of a digital asset, they're trying to make a profit out of it and trying to join the hype made by some popular people like Elon Musk.

Elon Musk is only a few percent of his contribution to this hype.  Long before the Elon mask, in 2020 Bitcoin had a return of approximately 400%.  So I guess it's not just because of Elon, they started investing but because the return shown by Bitcoin is much more attractive than other investment assets.  Elon is only a recent trend, and it's not that significant yet.

Though he's not that much of a help for you then he is for the Chinese government. Look at how much just they're trying to help him build his massive tesla factory on chinese land. They even gave him loans, not just ordinary loans, it's a government loan. Another is he's income tax i their is low, and he is an icon in the industry of cars, technology, Internet etc etc etc.
i think that's not just luck in there, it's his pure skill in field. One tweet and it's all over thr internet. He's capabilities has no limits. I like his vision and he's planning to send people to Mars later on. Maybe it will be enough for you to say to that he can move the bitcoin market greatly if he succeed and say bitcoin is the currency on Mars.

It would be too much to expose the profile and background of Elon musk to his relationship with Bitcoin.  You may find it very great but for me it is normal.  You only admire the figure of Elon Musk to move the market even though the essence of Bitcoin when it was first created would have aspired to the current hype. Sooner or later without Elon, Bitcoin will still have a very high value because the basis of its creation is against the paradigm of modern economists.
hero member
Activity: 1974
Merit: 534
March 30, 2021, 03:19:16 AM
We are sure that even after the end of the pandemic the impact on the market will be positive for BTC. More and more people start investing in crypto now. This trend will definitely continue.

I really hope this is true. In my opinion a lot of people who got money from the Corona Relief Fund and didn't really needed it used it for investing. Buying either Stocks or Crypto currencies is a good idea. So if the pandemic goes on for another 2-3 years things could get very difficult, but if we manage to end it this year it should be a very positive outlook for Bitcoin. It all comes down to if the vaccines are going to be enough and if we can actually manage to open the economies again.
copper member
Activity: 342
Merit: 1
March 30, 2021, 01:58:29 AM
We are sure that even after the end of the pandemic the impact on the market will be positive for BTC. More and more people start investing in crypto now. This trend will definitely continue.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
March 29, 2021, 05:11:17 PM
Bitcoin may show stable growth and positive marks during the pandemic, but this pandemic undoubtably put a lot of families and people into total turmoil, either because of loss of family members, finances, and even education at times. So as much as I am happy for bitcoin literally defying the odds and reaching greater heights after a very disappointing march 2020, the world is still yet to heal, what compels me is how bitcoin can be used to turn this situation around, perhaps in the near future.
newbie
Activity: 17
Merit: 0
March 29, 2021, 04:44:12 PM
No doubt that the pandemic has brought so many lives, properties and and national economy to  total backwardness and uptill now some known Nations  are yet to fully recover from it it negative effects which also has affected bitcoin full time.
legendary
Activity: 2310
Merit: 1422
March 29, 2021, 02:15:55 PM
The fact is that during the pandemic, Bitcoin is recognized all over the world as a very profitable asset, along with the usual assets. Based on this, the benefit of the pandemic is that once having believed in Bitcoin, this trust will remain with investors forever. Thus, the capitalization of bitcoin will only increase, of course, given the market corrections.
No other asset performed like bitcoin during the last crazy year, nothing can compare against the our greatest orange friend! Regarding your comment about the fact that people believed in bitcoin, I hope don't just rely solely on belief but they should do their own research about why investing.
That's the way to go.
full member
Activity: 1372
Merit: 133
March 29, 2021, 02:10:02 PM
The fact is that during the pandemic, Bitcoin is recognized all over the world as a very profitable asset, along with the usual assets. Based on this, the benefit of the pandemic is that once having believed in Bitcoin, this trust will remain with investors forever. Thus, the capitalization of bitcoin will only increase, of course, given the market corrections.
full member
Activity: 518
Merit: 104
PUFFY FINANCE
March 29, 2021, 10:46:42 AM
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.

Exactly, the COVID-19 pandemic was very good for bitcoin and the entire cryptocurrency ecosystem because the pandemic has opened an eye for many people about bitcoin and cryptocurrency investments. During the COVID-19 pandemic lockdown people were looking for investment opportunities while at home, they are looking for investment opportunities online and here comes the bitcoin - that's what definitely changed the game.
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
March 29, 2021, 09:45:07 AM
That's one of the advantages of a digital asset, they're trying to make a profit out of it and trying to join the hype made by some popular people like Elon Musk.

Elon Musk is only a few percent of his contribution to this hype.  Long before the Elon mask, in 2020 Bitcoin had a return of approximately 400%.  So I guess it's not just because of Elon, they started investing but because the return shown by Bitcoin is much more attractive than other investment assets.  Elon is only a recent trend, and it's not that significant yet.

Though he's not that much of a help for you then he is for the Chinese government. Look at how much just they're trying to help him build his massive tesla factory on chinese land. They even gave him loans, not just ordinary loans, it's a government loan. Another is he's income tax i their is low, and he is an icon in the industry of cars, technology, Internet etc etc etc.
i think that's not just luck in there, it's his pure skill in field. One tweet and it's all over thr internet. He's capabilities has no limits. I like his vision and he's planning to send people to Mars later on. Maybe it will be enough for you to say to that he can move the bitcoin market greatly if he succeed and say bitcoin is the currency on Mars.
legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
March 29, 2021, 09:43:58 AM
Right now people from every country is experiencing hard time. In particular there is very low circulation of money around the globe. When the pandemic scenario changes automatically there'll be rise in the circulation of money. This will probably boost people to invest more, upon which market will go bullish even if there happens a massive price correction.
member
Activity: 627
Merit: 14
Crypto Article Sharer!!!
March 29, 2021, 08:39:46 AM
After Pandemic Bitcoin will prevail as it is now. Bitcoin is an online platform and people are prosperous here. Its popularity is also a bunch. After a pandemic, maybe everything will be normal and everyone will be involved working offline.  But even then, everyone correlated with Bitcoin, and Bitcoin will conserve everyone working.
hero member
Activity: 1414
Merit: 574
March 29, 2021, 07:48:54 AM
That's one of the advantages of a digital asset, they're trying to make a profit out of it and trying to join the hype made by some popular people like Elon Musk.

Elon Musk is only a few percent of his contribution to this hype.  Long before the Elon mask, in 2020 Bitcoin had a return of approximately 400%.  So I guess it's not just because of Elon, they started investing but because the return shown by Bitcoin is much more attractive than other investment assets.  Elon is only a recent trend, and it's not that significant yet.
sr. member
Activity: 1624
Merit: 267
March 29, 2021, 07:22:24 AM
After the pandemic we do not sure what will happen to the bitcoin but because Bitcoin is already popular I think they have a lot of people are still using bitcoin even they have a lot of people are going back to work for sure most of them are investing and trading bitcoin and altcoins. But now we are still on the pandemic and we do not know what after this.
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