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Topic: How bitcoins is helping during the lockdown (Read 1356 times)

jr. member
Activity: 82
Merit: 1
This is an obvious question to which more obvious answers have already been given.
sr. member
Activity: 541
Merit: 362
Rules not Rulers
Well it's helping me procrastinate. I can check the price. I can browse for collectibles. I can do all kinds of things except the work I'm supposed to be doing.
full member
Activity: 380
Merit: 100
Community Manager - Blockchain analyst
Well I do think everyone is fimilar with the situation that every country is in right now .
To eleminate the risks of spreading the Corona virus , government have established lockdown .
No jobs , no schools , no small businesses , nothing.
Care is taken about people who are working in government sector , they are going to be provided with some amount of salary , that too in only some countries.
The small owned businesses are suffering greatly.

I myself was travelling to a small town nearby and saw a person crying , he had to pay banks , pay for his 4 kids , had a family to support but due to lockdown he had no source of income.

I do introduced him with the idea of bitcoins , how he can with some investment try buying , I even told him how he can earn a little through the campaigns , since something is better than nothing .

I do think Bitcoins is helping more than the government itself for a normal person , I am using my bitcoins selling them timely so that I can pay my rent and everything because jobs are all closed.

Bitcoins right now is the only thing that is supporting some people during the time of Quarantine  .

How the signature campaigns are still being managed efficiently is amazing 🔥

This is just an appreciation post <•>
Feel free to share how bitcoins is helping you during the lockdown.

You are the good guy but I think introduce Bitcoin for someone to invest is not good. Cryptocurrencies market is very crazy and the price is change so much. One day, you can earn 200% but you also lose everything that you invest. Lookdown time, people cant work so their cant recieve money. That means they living by the money that they saved, so if they invest and cannot control their mind, they can be lose everything. So risky
full member
Activity: 630
Merit: 100
You did  the right thing. Situation is getting worse because of lock down. Lack of food, fack of money are ruining lifes. So Telling him about bounty is fine but now it's hard to earn. And Bitcoin really helps a lot in this situation. I sold a little amount of bitcoin for my livelihood and Donate some poor people including orphans.
I don't know if I'm sure whether giving information about bounties is the right choice because bounty hunters who have long been associated with campaigns have difficulty because of a lot of drama. Rules often change, campaign periods are extended, allocations are reduced, rewards are locked, distribution is delayed, etc. But this can be an alternative side job, because even though it is difficult there are still opportunities.
newbie
Activity: 1
Merit: 0
Bitcoin could be a real investment for these kind of panademic we have seen the stock market was carshed and that time bitcoin also crashed but the bitcoin recovered in amazingly so people should understand about bitcoin more
sr. member
Activity: 1610
Merit: 264
Using the online payment method can reduce the risk of getting in contact with the virus since banknotes are roaming around and passed on by different people. For those who are knowledgeable in crypto and those who are earning in crypto were able to survive the pandemic since they have other sources of income. Cryptocurrency really helped a lot of people during the pandemic and not to mention the convenience of sending your money easily.
Sadly some merchants won't even consider Bitcoin as an alternative payment method, although I am still rooting for it to happen during the pandemic but at the same time I don't. Kinda mixed feeling, ey?
We got more established ways to pay and bank-issued cards got that covered already.
Many people still believe and rely the security of their money to other people.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
~~~

Bitcoin has been my additional source of income for years and now it is confirmed that it was a good move. You are right, the market situation is difficult. They cut my full time halfway. Thanks to BTC I can still maintain the same standard of living! Smiley

I also had bitcoins as an additional source of income, but nobody uses bitcoins for what was born, to be spent. I have some crypto cards that I also use at the bar to pay for coffee and I have never had any problems.
Bitcoin is now a lot of benefits and a lot of extra income here of course economically they are slightly increased thanks to the presence of bitcoin and therefore many of them are now becoming crypto investors and even made their main income.

I have enough bitcoin for the future because that is my hope when bitcoin is soaring high, for crypto cards in my area it cannot be used to buy anything except to exchange it for locale money.
legendary
Activity: 1862
Merit: 1327
Well I do think everyone is fimilar with the situation that every country is in right now .
To eleminate the risks of spreading the Corona virus , government have established lockdown .
No jobs , no schools , no small businesses , nothing.
Care is taken about people who are working in government sector , they are going to be provided with some amount of salary , that too in only some countries.
The small owned businesses are suffering greatly.

I myself was travelling to a small town nearby and saw a person crying , he had to pay banks , pay for his 4 kids , had a family to support but due to lockdown he had no source of income.

I do introduced him with the idea of bitcoins , how he can with some investment try buying , I even told him how he can earn a little through the campaigns , since something is better than nothing .

I do think Bitcoins is helping more than the government itself for a normal person , I am using my bitcoins selling them timely so that I can pay my rent and everything because jobs are all closed.

Bitcoins right now is the only thing that is supporting some people during the time of Quarantine  .

How the signature campaigns are still being managed efficiently is amazing 🔥

This is just an appreciation post <•>
Feel free to share how bitcoins is helping you during the lockdown.

Bitcoin has been my additional source of income for years and now it is confirmed that it was a good move. You are right, the market situation is difficult. They cut my full time halfway. Thanks to BTC I can still maintain the same standard of living! Smiley

I also had bitcoins as an additional source of income, but nobody uses bitcoins for what was born, to be spent. I have some crypto cards that I also use at the bar to pay for coffee and I have never had any problems.
sr. member
Activity: 2660
Merit: 339
If you're going to be talking about transactions, then you will be wrong because there are lots of other payment methods that are being used at this time more than people are using cryptocurrency. Just like PayPal and Cash App, and I don't think you can say that cryptocurrency is being used more than those. So I am not really counting transactions as part of it, because that's the least.

There are other ways that not really cryptocurrency, but the community has been able to contribute and help in this time of Coronavirus pandemic. You can take for example: when miners started supporting in the search for the cure of covid-19 and how few gambling houses already started helping with some percentage of house-edge to needy people in lockdown.
sr. member
Activity: 686
Merit: 282
Well I do think everyone is fimilar with the situation that every country is in right now .
To eleminate the risks of spreading the Corona virus , government have established lockdown .
No jobs , no schools , no small businesses , nothing.
Care is taken about people who are working in government sector , they are going to be provided with some amount of salary , that too in only some countries.
The small owned businesses are suffering greatly.

I myself was travelling to a small town nearby and saw a person crying , he had to pay banks , pay for his 4 kids , had a family to support but due to lockdown he had no source of income.

I do introduced him with the idea of bitcoins , how he can with some investment try buying , I even told him how he can earn a little through the campaigns , since something is better than nothing .

I do think Bitcoins is helping more than the government itself for a normal person , I am using my bitcoins selling them timely so that I can pay my rent and everything because jobs are all closed.

Bitcoins right now is the only thing that is supporting some people during the time of Quarantine  .

How the signature campaigns are still being managed efficiently is amazing 🔥

This is just an appreciation post <•>
Feel free to share how bitcoins is helping you during the lockdown.

Bitcoin has been my additional source of income for years and now it is confirmed that it was a good move. You are right, the market situation is difficult. They cut my full time halfway. Thanks to BTC I can still maintain the same standard of living! Smiley
sr. member
Activity: 644
Merit: 364
In Code We Trust
Bitcoin could be a real investment for these kind of panademic we have seen the stock market was carshed and that time bitcoin also crashed but the bitcoin recovered in amazingly so people should understand about bitcoin more

Then it should not be applicable to all types of investors. Mostly, people doesn't have too much time to look and be aware of their investment that's why they prefer the long term investment like stocks, but based on the performance of bitcoin lately, it is too volatile that people couldn't exactly predict where the market goes, in just a night, they might lose too much and that's how fast bitcoin changes its price.

What that means for me is that, if we think about bitcoin being a safe haven, we should adhere to its standards and characteristics. We should spend more time upon looking in the market trends and to spend more time studying it.
newbie
Activity: 3
Merit: 0
During the situation of Pandemic Covid-19, many digital currencies have battled hard to sustain their positions in the revolutionizing economy. Riot Blockchain company has played an important part in combatting the coronavirus and took various initiatives in the development of the economy likewise. But the latest Bitcoin Halving event 2020 was a promising one and mega investors took a lot of hopes on the latest halving event. Even Tom Lee's latest BTC price predictions that the value will reach by $25000 has been a surprising one and comes with lots of promising hopes that future forecasts might revolutionize BTC position in the market.
newbie
Activity: 1
Merit: 0
The COVID-19 outbreak has wreaked havoc across the global economy. With stocks swooning and job losses mounting, it?s a difficult time for traders and investors in any asset class. The crypto market hasn?t been immune to these dynamics as cryptocurrency prices fall and crypto projects struggle to raise capital.

Let?s take a look at how the crisis is affecting crypto markets and what it means for your portfolio.
https://zenledger.io/blog/how-is-covid-19-going-to-affect-crypto-markets/?utm_source=forums&utm_medium=social&utm_campaign=organic_articlesshare_13.05
hero member
Activity: 2366
Merit: 594
Using the online payment method can reduce the risk of getting in contact with the virus since banknotes are roaming around and passed on by different people. For those who are knowledgeable in crypto and those who are earning in crypto were able to survive the pandemic since they have other sources of income. Cryptocurrency really helped a lot of people during the pandemic and not to mention the convenience of sending your money easily.
copper member
Activity: 262
Merit: 1
I think there are many people out there who are bored  by lockdown, I know, everyone has a different job and economic situation. I investigate this simple, not automatically with bitcoin for the reason that this is not a straightforward affair that know how to be scholarly quickly, we must set up savings and tragedy income to distribute with unexpected life-threatening state of affairs like this. As a good deal as likely additionally divide up with others in need, a lot of gentle organizations that augment funds, we tin avoid drawn if a little.

newbie
Activity: 15
Merit: 0
Well I do think everyone is fimilar with the situation that every country is in right now .
To eleminate the risks of spreading the Corona virus , government have established lockdown .
No jobs , no schools , no small businesses , nothing.
Care is taken about people who are working in government sector , they are going to be provided with some amount of salary , that too in only some countries.
The small owned businesses are suffering greatly.

I myself was travelling to a small town nearby and saw a person crying , he had to pay banks , pay for his 4 kids , had a family to support but due to lockdown he had no source of income.

I do introduced him with the idea of bitcoins , how he can with some investment try buying , I even told him how he can earn a little through the campaigns , since something is better than nothing .

I do think Bitcoins is helping more than the government itself for a normal person , I am using my bitcoins selling them timely so that I can pay my rent and everything because jobs are all closed.

Bitcoins right now is the only thing that is supporting some people during the time of Quarantine  .

How the signature campaigns are still being managed efficiently is amazing 🔥

This is just an appreciation post <•>
__________________________________________________________
Hello Fiulpro,

Indeed a nice step you took to help that man. I agree with you, this lockdown think impacts drastically in everyone’s life. Millions of people are uncertain about their job, monthly salary, daily expenses, cash savings, and a lot more. Although the situation of every family is different, the main issue is the same; concern about finance.

Coronavirus has drastically affected the world’s economy. Even the crypto industry could not escape from the outbreak. But, fortunately, the market has started recovering and at the time of writing, the price of the BTC is $8,600 and it is expected that it will rise because of the Bitcoin Halving. So, if you want to improve your financial condition, investing in any bitcoin trading platform is the best bet for you.

If you are genuinely willing to invest in the crypto sphere, find an exchange that is secure, user-friendly, and integrate with the advanced features such as 2 Factor authentication, secure wallet, escrow secured, 50+ payments modes, fast transactions, low trading fees and more. I am also using some of the trading exchanges to gain huge capital such as Binance and Shiftal (new trading platform with astounding features). Use the best trading platform to face this dreadful situation like a pro. Happy trading!

Feel free to share how bitcoins is helping you during the lockdown.
full member
Activity: 630
Merit: 130
You emphasized that bitcoins help you because in general, you earn from it.
Some people do earn bitcoin or crypto, but not everyone earns so it cannot be useful in general. You are right.  Grin

What makes helpful to use nowadays is the applications that supports digital currencies. Within reach, you can pay bills and buy necessities online.
It is one of its essence for its existence.


True, that application as an online payment system is more necessary because in the first place, bitcoin's existence was become of the purpose to serve people using a decentralized system, it's quite opposite to the system that we get used to, and at this time, we were able to prove how useful bitcoin is for transferring money in different part of the world and it can be done anytime.


Yep, and I guess not all are lucky to know about digital currencies.
How about does who are really in need by this time.
Only those who are capable to access the web can get an alternative income.
full member
Activity: 1162
Merit: 168
If you're going to be recommending that someone who is broke and crying that he lost his job should invest money in Bitcoin, then you should as well give them the money to do so lol. That person is not in the position to start any investment , he does not have a job any longer, and he's broke and plus the Coronavirus outbreak that caused a lockdown; even now that the government is starting to ease the lockdown, people that were affected will still be affected.

Even when the situation is good, it's difficult to get a job, not to talk of now that all these things have happened, it will be more than difficult to get a job, because companies are looking for a way to reduce their staff.
hero member
Activity: 3052
Merit: 685
You emphasized that bitcoins help you because in general, you earn from it.
Some people do earn bitcoin or crypto, but not everyone earns so it cannot be useful in general. You are right.  Grin

What makes helpful to use nowadays is the applications that supports digital currencies. Within reach, you can pay bills and buy necessities online.
It is one of its essence for its existence.


True, that application as an online payment system is more necessary because in the first place, bitcoin's existence was become of the purpose to serve people using a decentralized system, it's quite opposite to the system that we get used to, and at this time, we were able to prove how useful bitcoin is for transferring money in different part of the world and it can be done anytime.
sr. member
Activity: 1246
Merit: 285
--
Bitcoins right now is the only thing that is supporting some people during the time of Quarantine  .

How the signature campaigns are still being managed efficiently is amazing 🔥
--
With a note that the person has crypto assets or is involved in crypto-related work. I am truly thankful that I still get money from crypto, where many people have difficulty getting money when their only source of income stops. We are all having difficulties, don't forget to help and donate according to their respective abilities.

Well, signature campaigns with BTC rewards really help. Moreover, the weekly payment rewards, it's just that it requires more effort because it is so rare and there are so many, fierce competition. Moreover, bounty alt is still filled with drama, very rarely pay according to the agenda set.
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