Bitcoin after the pandemic - page 9.

CaVO32

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Quote from: Fatunad on March 12, 2021, 06:38:28 PM

Quote from: Cling18 on March 12, 2021, 05:00:24 PM

This pandemic has a positive effect on cryptocurrencies especially on Bitcoin because people have realized the importance of digital currency and online transactions. People have learned to invest in it because they have seen how it could grow as a currency. I'm sure that more adoptions will happen even after the pandemic.

Not at all because considering on the economic situation then its hard to believe that people specially those ordinary ones would really make out some consideration on making out investment in times like this
where everyone is really on the pit of hardship since not all would really be having that stable job or able to retain up themselves on this crisis but somehow the market didnt really get that much affected
aspite of the crisis we are in but rather it did pumped out.Reason? Big companies and billionaires are on the line which it isnt really surprising that they would really be making out those market movements
without needing the entire community to get involved on.For now the adoption rate is becoming even more bigger as the days goes by.

I do agree with you here. Not all people can afford to invest in a very risky and volatile environment during these challenging times. Most of them will secure their basic needs first before anything else. Though adoption is growing owed to this pandemic but still ordinary people won't invest yet in crypto. Maybe, it will be a good option for alternative payment method because a lot are now looking for digital payment, that's when small time users come in. The big investments that are going into crypto will come from these financial institutions and top companies. And this pandemic brought a lot of them to trust crypto investments.

AndySt

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Quote from: Cling18 on March 12, 2021, 05:00:24 PM

This pandemic has a positive effect on cryptocurrencies especially on Bitcoin because people have realized the importance of digital currency and online transactions. People have learned to invest in it because they have seen how it could grow as a currency. I'm sure that more adoptions will happen even after the pandemic.

And yes and no at the same time. I am not sure that this positive effect is so significant specifically about digital currencies and online transactions, because any fiat currency has its own digital form and online transactions, so it is debatable to argue about a certain special role of bitcoin in the awareness of the importance of online transactions. The absolute majority of the population during the pandemic used fiat digital currencies much more and did not even think about bitcoin and other cryptocurrencies.

Fatunad

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Quote from: Cling18 on March 12, 2021, 05:00:24 PM

This pandemic has a positive effect on cryptocurrencies especially on Bitcoin because people have realized the importance of digital currency and online transactions. People have learned to invest in it because they have seen how it could grow as a currency. I'm sure that more adoptions will happen even after the pandemic.

Not at all because considering on the economic situation then its hard to believe that people specially those ordinary ones would really make out some consideration on making out investment in times like this
where everyone is really on the pit of hardship since not all would really be having that stable job or able to retain up themselves on this crisis but somehow the market didnt really get that much affected
aspite of the crisis we are in but rather it did pumped out.Reason? Big companies and billionaires are on the line which it isnt really surprising that they would really be making out those market movements
without needing the entire community to get involved on.For now the adoption rate is becoming even more bigger as the days goes by.

Cling18

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This pandemic has a positive effect on cryptocurrencies especially on Bitcoin because people have realized the importance of digital currency and online transactions. People have learned to invest in it because they have seen how it could grow as a currency. I'm sure that more adoptions will happen even after the pandemic.

angrynerd88

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Hodlers Network

It may wagered that bitcoin much way better result is have bitcoin will develop more after the widespread, the individuals knows that everything they claim and know as of now are delicate when a fiasco like widespread happens and as above mentioned bitcoin appeared that it can offer assistance amid the widespread and individuals will seek after it advance since they know that they can advantage from it and I accept that development is the as it were plausibility for bitcoin after a widespread.

In the silence

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''Vincit qui se vincit''

Quote from: BlackHatCoiner on March 05, 2021, 03:43:21 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.

When the pandemic is over, I'm quite sure that bitcoin and the crypto world would be accepeted slowly as it goes to be a solution for this kind of scenario. It would be adapted and consider as digital currency without being a threat to fiat currency.

galestorm

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Futurov

I heard news about the bitcoin surge that happened during the pandemic. On November 25, 2020 it reached a value of around 19,000 dollars and to be honest I didnt expect that to happen. I guess it had something to do with all the money printing that led to inflation. People see bitcoin as a safe haven asset, some even invested during the pandemic and considered it as a side income. It's good that people are now more informed when it comes to cryptocurrencies, after the pandemic I think bitcoin will gain more reputation and value.

ultrloa

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Quote from: Golftech on March 11, 2021, 12:32:00 AM

Quote from: Quidat on March 10, 2021, 06:54:45 PM

Quote from: Shasha80 on March 10, 2021, 06:40:27 PM

I think Bitcoin's development and Bitcoin price will probably decline a bit after the pandemic. Because maybe many people will return to investing
in other assets, such as the stock market price will also rise again soon. But because Bitcoin also has strong fundamentals, with many institutions
joining in. So I'm sure the enthusiasm for Bitcoin will remain high as well. Therefore there is nothing to worry about, the price of Bitcoin can still
continue to rise. Because in the end people will be more aware that Bitcoin turns out to provide much greater profits.

Wont say so because once they had discovered this market and this is the place on where they do somehow make money when theres a pandemic then its really hard
for you to forget on when you came from or where you do able to sustain yourself when you are in need.When it comes to adoption then theres no doubt to that because
it will surely gradually increase overtime or as the years passed even lets say that people are turning back to traditional investments or markets that we do know.
Bitcoin doesnt depend nor correlate on what are the external situations we are facing on, one things for sure is that it really grow no matter what.

Before this investors comes around, there are already people who are managing their investment to this industry.

Though there's really impact when those big names from institutional investors arrived, but they are not here to

play pump and dump, they've seen big potential and they know taking it slowly but surely will bring more money

to their pockets,. They already gaining for sure they will continue doing what they know they are best with.

We cannot assume that all big institutional investors are here for the technology since what I think the other still here for investment purposes and they just threat the technology as a bonus, lets make elon as example for that and he use his influence by tweeting to manipulate the minds of investor the buy some bitcoins and doge coins. And hopefully he will not manipulate the market to collapsed since he has an issue about his doing on tesla shares https://www.businessinsider.com/tesla-hit-with-new-lawsuit-alleging-elon-musk-manipulated-stock-price-2018-8

TheGreatPython

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Quote from: bussybuddy on March 08, 2021, 02:07:03 AM

Is bitcoin good at the moment? I think that's right, after the pandemic perhaps many people, or countries, will re-raise the issue of the importance of bitcoin to the economy. The pandemic is rebuilding for a better future, all the dread is over, and I think we are heading to the era of technology.

Bitcoin is the future, right I agree but I don't know how pandemic benefited bitcoins because covid-19 actually crashed the market last year and it took a couple of months to recover actually. It is only co-incidence for me that bitcoins started jumping once the covid-19 scare is towards its end. People suffered a lot financially which actually made them sell their assets including bitcoins last year and now they are buying back slowly which is the reason why the market is recovering so fast and reached a new ATH.

Quote from: oleg8791 on March 08, 2021, 02:08:45 AM

Theoretically Bitcoin is the perfect solution for the inflation problem, in fact, the pandemic showed Bitcoin is still far from being the world currency.

Indeed, with the printing of more and more money, it will eventually cause inflation, and bitcoin helps in such situations. The market is still recovering from a low which was caused last year and it will take more time to recover and printing money is not helping actually.

arwin100

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Jack of all trades 💯

Quote from: Oceat on March 10, 2021, 07:00:45 PM

Quote from: shoreno on March 10, 2021, 07:27:49 AM

we already have a btc before the pademic began and we have good and bad times so maybe the old life that we have before are going to repeat ? fine i have no problems or complains to that infact i like the simplicity that we have before .

less issue , less scams , uhm and maybe lesser btc price ? but not the extent that it wasnt really profitable but theres always a way that the price can be worked out without the help of pandemic

Do you think this pandemic has a great impact on the Bitcoin market? And I think Bitcoin is already moving forward for the "it's a scam" era when people do start to appreciate it even if there's a hindrance to most of the social media and news before.

This pandemic has nothing to do with the price of Bitcoin it's the results of the Bitcoin halving that most people are waiting to happen. It just happened that the pandemic is actually helping Bitcoin to appreciate because most people are using digital money due to lockdown that banks are having a limited people to come.

In some point you are right but there are scenarios to be consider and remember when pandemic is on heat people are at home no job no opportunities to find outside world that's why others try to find a source and they find bitcoin as good alternative and imagine how the demand rise when new people came maybe it gives impact a little bit but still so helpful since those people including us creates noise about it, if we talk about who contribute about the big growth well let's give the credit to the institutional investors since they are the one who hyped the scene.

verita1

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Don't think that the bitcoin history of 2019 will repeat itself. Until now, those who believe in bitcoin have been convinced that their investments have a future.

Blockchain technology is conquering the way of doing things. Paypal, Visa, MasterCard and big investors have trusted bitcoin and the future is written.

Megacities like Miami are already being talked about as a technological emporium, and so on, the main capitals of the world will improve in technological innovation.

Ultegra134

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Quote from: Oceat on March 10, 2021, 07:00:45 PM

Quote from: shoreno on March 10, 2021, 07:27:49 AM

we already have a btc before the pademic began and we have good and bad times so maybe the old life that we have before are going to repeat ? fine i have no problems or complains to that infact i like the simplicity that we have before .

less issue , less scams , uhm and maybe lesser btc price ? but not the extent that it wasnt really profitable but theres always a way that the price can be worked out without the help of pandemic

Do you think this pandemic has a great impact on the Bitcoin market? And I think Bitcoin is already moving forward for the "it's a scam" era when people do start to appreciate it even if there's a hindrance to most of the social media and news before.

This pandemic has nothing to do with the price of Bitcoin it's the results of the Bitcoin halving that most people are waiting to happen. It just happened that the pandemic is actually helping Bitcoin to appreciate because most people are using digital money due to lockdown that banks are having a limited people to come.

I'm no expert here, thus my sayings could be all nonsense, however a large amount of people or companies went on the lookout for new investment opportunities. As a result, there were more daily transactions, (larger volume) and a wider audience, that could potentially boost the market.

To return to the main subject, the economy will take years to recover from the pandemic, by the time this has been achieved, Bitcoin will have probably advanced even further, since it's already achieving a great growth.

Golftech

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Quote from: Quidat on March 10, 2021, 06:54:45 PM

Quote from: Shasha80 on March 10, 2021, 06:40:27 PM

I think Bitcoin's development and Bitcoin price will probably decline a bit after the pandemic. Because maybe many people will return to investing
in other assets, such as the stock market price will also rise again soon. But because Bitcoin also has strong fundamentals, with many institutions
joining in. So I'm sure the enthusiasm for Bitcoin will remain high as well. Therefore there is nothing to worry about, the price of Bitcoin can still
continue to rise. Because in the end people will be more aware that Bitcoin turns out to provide much greater profits.

Wont say so because once they had discovered this market and this is the place on where they do somehow make money when theres a pandemic then its really hard
for you to forget on when you came from or where you do able to sustain yourself when you are in need.When it comes to adoption then theres no doubt to that because
it will surely gradually increase overtime or as the years passed even lets say that people are turning back to traditional investments or markets that we do know.
Bitcoin doesnt depend nor correlate on what are the external situations we are facing on, one things for sure is that it really grow no matter what.

Before this investors comes around, there are already people who are managing their investment to this industry.

Though there's really impact when those big names from institutional investors arrived, but they are not here to

play pump and dump, they've seen big potential and they know taking it slowly but surely will bring more money

to their pockets,. They already gaining for sure they will continue doing what they know they are best with.

Oceat

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Activity: 2506

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Quote from: shoreno on March 10, 2021, 07:27:49 AM

we already have a btc before the pademic began and we have good and bad times so maybe the old life that we have before are going to repeat ? fine i have no problems or complains to that infact i like the simplicity that we have before .

less issue , less scams , uhm and maybe lesser btc price ? but not the extent that it wasnt really profitable but theres always a way that the price can be worked out without the help of pandemic

Do you think this pandemic has a great impact on the Bitcoin market? And I think Bitcoin is already moving forward for the "it's a scam" era when people do start to appreciate it even if there's a hindrance to most of the social media and news before.

This pandemic has nothing to do with the price of Bitcoin it's the results of the Bitcoin halving that most people are waiting to happen. It just happened that the pandemic is actually helping Bitcoin to appreciate because most people are using digital money due to lockdown that banks are having a limited people to come.

Quidat

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"CoinPoker.com"

Quote from: Shasha80 on March 10, 2021, 06:40:27 PM

I think Bitcoin's development and Bitcoin price will probably decline a bit after the pandemic. Because maybe many people will return to investing
in other assets, such as the stock market price will also rise again soon. But because Bitcoin also has strong fundamentals, with many institutions
joining in. So I'm sure the enthusiasm for Bitcoin will remain high as well. Therefore there is nothing to worry about, the price of Bitcoin can still
continue to rise. Because in the end people will be more aware that Bitcoin turns out to provide much greater profits.

Wont say so because once they had discovered this market and this is the place on where they do somehow make money when theres a pandemic then its really hard
for you to forget on when you came from or where you do able to sustain yourself when you are in need.When it comes to adoption then theres no doubt to that because
it will surely gradually increase overtime or as the years passed even lets say that people are turning back to traditional investments or markets that we do know.
Bitcoin doesnt depend nor correlate on what are the external situations we are facing on, one things for sure is that it really grow no matter what.

Shasha80

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Activity: 1876

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I think Bitcoin's development and Bitcoin price will probably decline a bit after the pandemic. Because maybe many people will return to investing
in other assets, such as the stock market price will also rise again soon. But because Bitcoin also has strong fundamentals, with many institutions
joining in. So I'm sure the enthusiasm for Bitcoin will remain high as well. Therefore there is nothing to worry about, the price of Bitcoin can still
continue to rise. Because in the end people will be more aware that Bitcoin turns out to provide much greater profits.

paxmao

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Do not die for Putin

Quote from: Silberman on March 08, 2021, 12:07:07 AM

...Are governments going to burn all of that money they printed? If the answer is no then the price of bitcoin most likely it is going to remain where it is...

Well, yes and no. The price of bitcoin is based on supply and demand. We know that the supply is quite limited and is usually kept by "hodlers" that are many times used to the rollercoaster of the bitcoin price.

However, bitcoin has become a alternative asset insofar as the large investors, that is, it is an alternative to bond, stocks, options, warrants,... In that sense, if the inflation rises bitcoin may go up, but if the interest rates go up in response to inflation, some of the bitcoin capital may swing to bonds. This is a well known phenomenon in stocks.

I said yes and no because the correlation is not always perfect

Noctis Connor

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I see that lots of people are focusing on the crypto currencies side not because of this pandemic most of them doesn't have work to support them selves and the crypto currency is the best way for them even though they don't have enough skill to learn everything but they do i think 1 month is enough to learn on how to invest, trades and other needs to be done for them to earn money without loosing that much i know it's hard for them to start because most of all country got affected because of it and now looking for something to earn for our financial problem let's say each other will invest there a impact into bitcoin market.

sana54210

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Quote from: Negotiation on March 09, 2021, 03:33:57 AM

The epidemic had a devastating effect on the country's economy with the country's economy declining per capita income people are living in many crises but there is no negative impact on bitcoin. The demand for bitcoin has increased due to the epidemic and crypto has improved a lot in the online world despite the economic downturn in the market the rise in the price of bitcoin has helped people overcome the crisis.

It is not epidemic, it is pandemic, there is a difference there, if it was epidemic we could have survived this a lot easier Cheesy

. There is also another terrible thing about this, rich people got richer during this period whereas millions of people are unemployed and doing horrible. Think about a situation where Jeff Bezos made nearly 100 billion dollars in stock profits whereas there are people who are starving to death right now on the streets.

How could that be understandable and how could that be accepted? I can't believe that this is a political issue, when you say that "rich people earned a lot during this period, they should pay a special tax for this one time that would be a lot of money, combined 1 trillion from everyone who owns 100+ million dollars networth, to help people who are starving" is a political thing, that is basically as humane as it gets but somehow right wing doesn't see that as humane but more political.

shoreno

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we already have a btc before the pademic began and we have good and bad times so maybe the old life that we have before are going to repeat ? fine i have no problems or complains to that infact i like the simplicity that we have before .

less issue , less scams , uhm and maybe lesser btc price ? but not the extent that it wasnt really profitable but theres always a way that the price can be worked out without the help of pandemic

Topic: Bitcoin after the pandemic - page 9. (Read 4218 times)