Topic: Bitcoin after the pandemic - page 6. (Read 4220 times)
Bitcoin has been fairly famous since the beginning. However, its popularity has increased with the advent of pandemics. There has been a lot of changes in this period again and the bitcoin price has increased. Hopefully, its position will remain intact even after the end of the pandemic. Because people know and understand Bitcoin better than Pandemic. So it can be said that it will have both existence and location.
Because of the pandemic, people are trying to go online now, most of the things and work made online so crypto adoption will be pretty easy right now. 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. This is the stepping stone of crypto to be the main asset of some institution and the good thing is, the government might take the opportunity especially the third world countries, might use it to pay debts.
School lessons have now become online so I think all areas of our activities in this pandemic are almost done in what way will this increase the adoption of greater crypto? well of course this is an advantage where many know about this lucrative crypto investment, can't stop thinking how they make more money here than real work, therefore bitcoin adoption has been implemented slowly by them, therefore we will know how is this performance to its fullest.Currently, some governments still refuse, meaning that they are not yet fully integrated into crypto.
I do not know what will happen to the price of the bitcoin after we overcome the pandemic but one thing is for sure, the price action is the king. I do not have any predictions on what will happen and I always relying on the price action of the bitcoin. We are still in uptrend but there are few signs that a reversal may happen. It is is just a signs and there should be a confirmation first for us to see that bear market will finally happen. This pandemic may still happen for these past months but there are now countries who are recovering because of what happened. Hopefully the whole economy will finally overcome in order for the people to back in their normal lives and also for the some markets to become healthy again.
In addition, this year has been very controversial, we have seen a new ATH in the midst of a pandemic, this is something unpredictable, many never bet on Bitcoin in a world event of this style where what was most pronounced was panic, despite this, the Investor confidence has gained ground.
Now, 6 out of 10 of my friend in RL are already interested in bitcoin or other crypto assets and this is something that is much different from before.I feel the same thing too. After several ATH times, the issue develops like a virus. Investing in Crypto is a new trend in my environment and they say that it is more profitable to invest in crypto than in stocks. Even investors in stocks are moving to Crypto because of the excellent news in the Crypto environment. They take a portion of the stock and convert it to Crypto. This is an interesting issue when it comes to a pandemic. In fact, I predict this trend will last until the pandemic ends.
My opinion is that the pandemic speeded up crypto adoption! It's not like crypto needed all this mess to make a progress, but locking down people in their homes pushed people into crypto! And I can't agree more with your words, while it's chaos in the world outside, crypto is flourishing... and that will not end with a pandemic! I believe crypto will continue with the adoption, therefore crypto will continue with making progress! We will see new all times high prices again!
In addition, this year has been very controversial, we have seen a new ATH in the midst of a pandemic, this is something unpredictable, many never bet on Bitcoin in a world event of this style where what was most pronounced was panic, despite this, the Investor confidence has gained ground.
Now, 6 out of 10 of my friend in RL are already interested in bitcoin or other crypto assets and this is something that is much different from before.I feel the same thing too. After several ATH times, the issue develops like a virus. Investing in Crypto is a new trend in my environment and they say that it is more profitable to invest in crypto than in stocks. Even investors in stocks are moving to Crypto because of the excellent news in the Crypto environment. They take a portion of the stock and convert it to Crypto. This is an interesting issue when it comes to a pandemic. In fact, I predict this trend will last until the pandemic ends.
My opinion is that the pandemic speeded up crypto adoption! It's not like crypto needed all this mess to make a progress, but locking down people in their homes pushed people into crypto! And I can't agree more with your words, while it's chaos in the world outside, crypto is flourishing... and that will not end with a pandemic! I believe crypto will continue with the adoption, therefore crypto will continue with making progress! We will see new all times high prices again!
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That would be cool, mate. However, you should also know that the current circulating supply of bitcoin also plays an important role in investor confidence. Many institutional investor today buy bitcoin and then hold them, knowing that if bitcoin were scarce then the price would be very high.I feel the same thing too. After several ATH times, the issue develops like a virus. Investing in Crypto is a new trend in my environment and they say that it is more profitable to invest in crypto than in stocks. Even investors in stocks are moving to Crypto because of the excellent news in the Crypto environment. They take a portion of the stock and convert it to Crypto. This is an interesting issue when it comes to a pandemic. In fact, I predict this trend will last until the pandemic ends.
It seemed they were quite panicky when they found out that bitcoin had risen quite high. Now everything is clear and you will also see how bad they never believed in bitcoin before today. In addition, this year has been very controversial, we have seen a new ATH in the midst of a pandemic, this is something unpredictable, many never bet on Bitcoin in a world event of this style where what was most pronounced was panic, despite this, the Investor confidence has gained ground.
Now, 6 out of 10 of my friend in RL are already interested in bitcoin or other crypto assets and this is something that is much different from before.I feel the same thing too. After several ATH times, the issue develops like a virus. Investing in Crypto is a new trend in my environment and they say that it is more profitable to invest in crypto than in stocks. Even investors in stocks are moving to Crypto because of the excellent news in the Crypto environment. They take a portion of the stock and convert it to Crypto. This is an interesting issue when it comes to a pandemic. In fact, I predict this trend will last until the pandemic ends.
In addition, this year has been very controversial, we have seen a new ATH in the midst of a pandemic, this is something unpredictable, many never bet on Bitcoin in a world event of this style where what was most pronounced was panic, despite this, the Investor confidence has gained ground.
Institutional investor are one of the many reason why this year's ATH is different from the previous ATH. The growing wave of institutional investor has led many to believe that bitcoin will be much more capable of hitting a high price and perhap $100K. People's awareness of bitcoin as a future asset as well as a store of value has strengthened, this is the expected support for bitcoin. Now, 6 out of 10 of my friend in RL are already interested in bitcoin or other crypto assets and this is something that is much different from before.You are right, it is also very possible that other large ones, such as Amazon, will join the market and it was also speculated that Apple could enter, if this is the case we could see a much greater increase in the market, usually the large ones like Elon Musk he has bet heavily on Bitcoin even though his shares are down 50%, if someone with as much influence as him has trusted Bitcoin and has not paid as much attention to his own actions even though his advisers have recommended selling his Bitcoin, has a clear vision of the currency, this means that what can come will be a large increase in price much better than the ATH of almost $60k. I'm very hopeful based on PlanB's prediction model S2F.
In addition, this year has been very controversial, we have seen a new ATH in the midst of a pandemic, this is something unpredictable, many never bet on Bitcoin in a world event of this style where what was most pronounced was panic, despite this, the Investor confidence has gained ground.
Institutional investor are one of the many reason why this year's ATH is different from the previous ATH. The growing wave of institutional investor has led many to believe that bitcoin will be much more capable of hitting a high price and perhap $100K. People's awareness of bitcoin as a future asset as well as a store of value has strengthened, this is the expected support for bitcoin. Now, 6 out of 10 of my friend in RL are already interested in bitcoin or other crypto assets and this is something that is much different from before. Since more people switch into the crypto currency because of covid 19 pandemic because they lost their job and that's the reason why they trust bitcoin as one of the best way to earn alternative money and maybe because of that bitcoin will become more expensive and more popular after the pandemic.
There is a great variety of things that have happened, one of the things is that the demand has increased in the casinos and betting houses, this helps in part to make Bitcoin move much more, also some gold investors have migrated to Bitcoin Such is the case of the son of Peter Schiff, and recently the president of the FED when in one of his statements he said that Bitcoin could replace Gold, despite its high volatility and lack of support.
In addition, this year has been very controversial, we have seen a new ATH in the midst of a pandemic, this is something unpredictable, many never bet on Bitcoin in a world event of this style where what was most pronounced was panic, despite this, the Investor confidence has gained ground.
In a zero pandemic scenario, I think that Bitcoin could reach much higher levels in price than it is now.
Since more people switch into the crypto currency because of covid 19 pandemic because they lost their job and that's the reason why they trust bitcoin as one of the best way to earn alternative money and maybe because of that bitcoin will become more expensive and more popular after the pandemic.
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.
How do you know that it was the reason for Bitcoin bull run?
Maybe it was because more and more people started to trade as an hobby, maybe the liquidity from stock market little by little started to come in bitcoin space. People often want to have story behind certain events and this seems like that.
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.
How do you know that it was the reason for Bitcoin bull run?
Maybe it was because more and more people started to trade as an hobby, maybe the liquidity from stock market little by little started to come in bitcoin space. People often want to have story behind certain events and this seems like that.
I think not much will change about Bitcoin and crypto in overall. There will still be huge issues to fix after pandemic ends. Many people aren't employed anymore. There is huge wealth and welfare loss. Countries are gonna have hard time to fix all of it. So devaluation will keep going. Bitcoin will stay stronger than past. Many people from poor countries realised importance of Bitcoin.
You believe there’s not much? But a lot has changed. Michael Saylor, Elon Musk, and other business institutions are starting to HODL Bitcoin, with government institutions, and central banks planning to be next. They might be hedging, or planning to hedge against what might be coming. Inflation. Plus Bitcoin will be a household name.
The fact that it is very difficult for countries to get out of the economic crisis is completely incomprehensible, but the difficulties will be overcome for a long time to come. Due to the pandemic, as well as due to strict quarantines, a large number of businessmen lost their business because they could not cover the losses. This also weighs heavily on the economies of many countries. Based on this, cryptocurrencies will only increase their influence in the world and every government will soon agree with this.
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.
in my opinion it was not the pandemic that brought all this great interest that bitcoin is having, it was the bitcoin halving that made people start not to sell bitcoin frequently because they had seen what always happened with bitcoin halving in the past, with less people wanting to sell bitcoin the price started to rise a lot and then came the paypal announcement that caused the bitcoin price to start to increase a lot, then elon musk with his twitters.
Now I wonder, what will happen to Bitcoin once the pandemic is over?
it will have little effect on the price, bitcoin is supported by companies like paypal and elon musk, I also heard that visa and mastercard are not criticizing bitcoin... even if the pandemic ends the bitcoin price it will not fall as much as in the past
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.
it will not be as in 2019 and when the pandemic ends it will not negatively affect bitcoin. as i said few people are willing to sell bitcoin so the price will not fall much after the pandemic
Coronavirus had a negative impact on financial institutions all over the world. Export and import had fallen sharply and many economies suffered a lot. As the most traditional options of investment had rendered unprofitable, so investors have turned to bitcoin. Consequently, the price has started rising sharply. Now, bitcoin has been the talk of the town everywhere.
I think not much will change about Bitcoin and crypto in overall. There will still be huge issues to fix after pandemic ends. Many people aren't employed anymore. There is huge wealth and welfare loss. Countries are gonna have hard time to fix all of it. So devaluation will keep going. Bitcoin will stay stronger than past. Many people from poor countries realised importance of Bitcoin.
Don't look for unemployed people since majority of them doesn't know about bitcoin so just expect that they experience that since they didn't explore the bitcoin yet, Maybe try to focus on the positive happening which gives bitcoin a good boost since imagine who will think that we can cross at $60k+ while the pandemic is on so expect after this that we can possibly see more since imagine if all people are capable to buy bitcoin from that provably we can see it reach to 6 digit figure.
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.
Bitcoin was on the path to becoming a household name, with or without the pandemic.
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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.
In the U.S., once the pandemic is over, and the economy opens up, there will be INFLATION after the trillions in money printing for stimulus packages, which a large part of that was sent directly to people’s bank accounts. Bitcoin will exploit it, and it’s possible that it might break the cycle, and enter an extended bull market for the first time.
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I honestly think that pandemic has nothing to do with Bitcoin’s parabolic growth. Financial institutions are the ones who already see the potential of Bitcoin, and that’s why they’ve started buying plus the promising growth of DeFi and NFTs combined.
Whether if we are under pandemic or not, Bitcoin’s adoption and usage would continue to rise no matter what the price would be. Just saying.
Pumping and dumping of bitcoin price does not depend on pandemic to increase and decrease in the market. What bitcoin users experienced during the pandemic concerning the increased of bitcoin price that led many people to achieved Massive profit during the process of covid-19, is not by pandemic than the handwork of supply and demand that caused the bullish in the market. Whether if we are under pandemic or not, Bitcoin’s adoption and usage would continue to rise no matter what the price would be. Just saying.
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