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Topic: How bitcoins is helping during the lockdown - page 2. (Read 1356 times)

full member
Activity: 312
Merit: 109
arcs-chain.com
people lost their jobs due to COVID and now they want to earn from home due to quarantine conditions. so they start searching about bitcoin on google and many of them learn about trading. or many of them follow paid signals for short term profit. on the other side, people use bitcoin as a payment option to avoid using cash because of the COVID situation. but it's good for bitcoin due to this people will knowing more about it.
Maybe this is one of the main reason why people are now curious about bitcoin halving. They don't know what to do in their house, find an online job and being it brought them into cryptocurrency. Investing is already mainstream now and I guess people should be aware how risky it is because scams are crawling everywhere. Bitcoin is helpful during lockdown and I hope they are on the right platform to invest with their bitcoin.
full member
Activity: 650
Merit: 100
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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.
For me being here in our Bitcoin community is really a big help during this tough times.Lockdown makes me realize more that it is an opportunity to work from home and took care of my kids freely without going outside since the virus still keeps on spreading.Thanks for the campaign that Im in it's been A very good help for my family.
jr. member
Activity: 294
Merit: 1
people lost their jobs due to COVID and now they want to earn from home due to quarantine conditions. so they start searching about bitcoin on google and many of them learn about trading. or many of them follow paid signals for short term profit. on the other side, people use bitcoin as a payment option to avoid using cash because of the COVID situation. but it's good for bitcoin due to this people will knowing more about it.
copper member
Activity: 1120
Merit: 2
The lockdown has naturally stopped the whole world. In this case, Bitcoin could be a good exchange medium.Many governments call it digital currency.Or could be used as liquid money.Which would have made the medium of exchange much easier for everyone.I fully support this exchange.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
1. I am reluctant of taking the currency notes because it is a possible medium of spread , Bitcoin helps me sending to whoever accepts

2. My brother isn't able to come personally to take money. I am using ETH and also digital payment to send money.
You can only send ETH or btc or any other cryptocurrency just to those who know how it works and can utilize such, without which it is a waste of time. Fiat still remain the most credible form of money at this time. What OP described is a form of gratitude to the availability of signature campaigns here in the forum, and not just bitcoin alone because bitcoin does not fall from heaven freely. You have to work to earn it. Joining a forum at a distressed time like now will not be topmost thing on the mind of that family the OP talked about.

If you want to earn bitcoin in lock down, then instead of focus on signature campaigns, try to learn some skills and use that skill on freelance market place and then earn bitcoins in return of that service. You will get more money and that is the best way to accumulate bitcoins.
Well since He has too many time to spend now then they can join all the airdrops available now so instead of just signature campaign they can have alternative income but i am not saying all are legit because the risk is always there.

And also there are free courses now that offers in internet we can grab this chances to enhanced our mental capacity in regards to technical knowledge.
Anyway this is OP’s decision if what he will use to spend time in this lockdown
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
1. I am reluctant of taking the currency notes because it is a possible medium of spread , Bitcoin helps me sending to whoever accepts

2. My brother isn't able to come personally to take money. I am using ETH and also digital payment to send money.
You can only send ETH or btc or any other cryptocurrency just to those who know how it works and can utilize such, without which it is a waste of time. Fiat still remain the most credible form of money at this time. What OP described is a form of gratitude to the availability of signature campaigns here in the forum, and not just bitcoin alone because bitcoin does not fall from heaven freely. You have to work to earn it. Joining a forum at a distressed time like now will not be topmost thing on the mind of that family the OP talked about.

If you want to earn bitcoin in lock down, then instead of focus on signature campaigns, try to learn some skills and use that skill on freelance market place and then earn bitcoins in return of that service. You will get more money and that is the best way to accumulate bitcoins.
member
Activity: 868
Merit: 16
During this global lockdown, bitcoin has really helped me a lot, since banks are closed, I do use it as my main medium of transaction and exchange using P2P. If there is no this kind of revolution, I will just remain stranded.

I too spend my bitcoins during these days but i preferred fiat as much as possible. I have been holding bitcoins for quite some time and i would want to take advantage of the next bull run. I don't want my bitcoins to be spend at the current rate  of 9800$.  Sad
We need more time to sell bitcoin at the high price at least we can sell it when new all time high has touched. Don't be tempted to sell our bitcoin at now although we will see many people who predicted that bitcoin price will dump after halving event. I think that's just FUD, we shouldn't believe with the such new, just believe bitcoin will touch new all time high and we woll proud of it.
full member
Activity: 1148
Merit: 158
★Bitvest.io★ Play Plinko or Invest!
If it’s with investment, to be sincere , he’s not going to make anything profit at this time. And as for bounty campaigns, that’s a good choice, but it’s going to take him sometime to be able to start joining them and making earnings, since he will have to work towards growing his account in this forum and becoming a junior member at least.

These days, you can’t grow your account by just spamming the forum like some used to do before. This time around you work hard, you write good posts and you also have patience. If he can have patience and work on that, then he’s going to benefit from this community. And I hope he does.

This is what I've been thinking too. It may be helpful for us because we are already in the scene. We have stock bitcoins, already included in a paying campaign and continuously receiving payments while staying at home.

However, we can't generalize that all can easily earn in bitcoin. They should be informed about the currency. They needed some time to be able to earn, and the risk are high specially for those who needed money as soon as possible.

Well, definitely during this lockdown because of the pandemic we need something to divert our boredness. We either eat or sleep but ofcourse we also want this lockdown to be multi-tasking where we can rest amd be in our family while we having our business or earning some profits. While others have their own business that can be managed while their is in house. Some are employees who manage to allowed to work in their houses. A lot of people definitely learn and think of a idea on how they will earn while in house.

Bitcoin is one of the helpful currency in every aspect. Bitcoin can be a business, way of earning and at the same time past time when you are under thw lockdown because of the pandemic. Bitcoin can be earned in different ways. It's either by gambling, trading, ang joining in signature campaigns.
sr. member
Activity: 1638
Merit: 300
in my side during this lockdown. bitcoin is very big help on me because of this i can communicate my family in other places. sense no one store to operate to load up my phone i use this bitcoin to buy prepaid load for my phone to communicate them..

I too paid my electricity bills through bitcoins. I also wanted to do online grocery shopping with bitcoin but that option was not available in my country so i had to use my credit card for online shopping.
This is what I do paying my bills using bitcoin in an online application. And using bitcoin to load a phone so this bitcoin is really helping people these days. In this time of lockdown we had more opportunities to do at home as it helps me to spend more time in the forum.

Then it is that online application is useful not bitcoin, right? Another thing is that why are you even saving your bitcoins into these online applications or maybe an local exchange? Well, it is your own preference but for me, I can't really use bitcoin right now. It is true that we can pay using these exchanges but it is the exchange and not bitcoin, you can also use fiat in these types of payment using mobile applications.

The reason for using bitcoins these days is lockdown and fiat/ banks not easily accessible. My credit card exhausted up and i could not visit the bank to deposit fiat into bank and clear my dues. In such cases, bitcoin helps to pay the bills and other emergency payments.

Well, that is just the same here in our country but the thing is that if you live in a province, you don't really need to problem food as you can just go somewhere and you can find fresh vegetables there, no problem with the food here, the only problem is that some of the things needed can't be taken from the mother nature so we still need to buy that from the town and that is the problem since vehicles here are not accepted to go into town without quarantine pass and they are not allowing 2 people in a vehicle.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
During this global lockdown, bitcoin has really helped me a lot, since banks are closed, I do use it as my main medium of transaction and exchange using P2P. If there is no this kind of revolution, I will just remain stranded.

I too spend my bitcoins during these days but i preferred fiat as much as possible. I have been holding bitcoins for quite some time and i would want to take advantage of the next bull run. I don't want my bitcoins to be spend at the current rate  of 9800$.  Sad
sr. member
Activity: 1638
Merit: 300
in my side during this lockdown. bitcoin is very big help on me because of this i can communicate my family in other places. sense no one store to operate to load up my phone i use this bitcoin to buy prepaid load for my phone to communicate them..

I too paid my electricity bills through bitcoins. I also wanted to do online grocery shopping with bitcoin but that option was not available in my country so i had to use my credit card for online shopping.
This is what I do paying my bills using bitcoin in an online application. And using bitcoin to load a phone so this bitcoin is really helping people these days. In this time of lockdown we had more opportunities to do at home as it helps me to spend more time in the forum.

Then it is that online application is useful not bitcoin, right? Another thing is that why are you even saving your bitcoins into these online applications or maybe an local exchange? Well, it is your own preference but for me, I can't really use bitcoin right now. It is true that we can pay using these exchanges but it is the exchange and not bitcoin, you can also use fiat in these types of payment using mobile applications.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
About the way bitcoin is helping now that lockdown is active, we can see that many traders are not feeling the stay at home or social distancing. Traders trade bitcoin and withdraw to their wallets. That is to say that it is a source of income for many. And it is facilitating the digital system.


Lockdowns will not stop the virus from spreading. It will still spread, although not as fast, and will cause panic and chaos if it takes months to be lifted. If people are not going to be tested for the virus, a lockdown is not of much help. On the other hand, we have the recent 17yo boy from South Korea who's been tested 8 times in a row with negative results and then died; after his death, the DNA resulted in a COVID-19 positive. So now I'm wondering... how useful is testing in reality?


I also believe with you that isolation won't have any positive part. It can only delay the spread of spreading just like an evil day delayed to come but most come.
full member
Activity: 1316
Merit: 126
1. I am reluctant of taking the currency notes because it is a possible medium of spread , Bitcoin helps me sending to whoever accepts

2. My brother isn't able to come personally to take money. I am using ETH and also digital payment to send money.


That's a welcoming news as this shows the utility purpose of the cryptocurrency are been used atleast by some people while other's are just interested in the price gain showing no concerns for the adoption of the currency. I think bitcoin has been very valuable in this pandemic period as it has helped many send and receive transactions without borders
A lot of people considering that way and really at its purpose as a currency but somehow, in the areas where crypto isn't accepted, they are converting it into fiat money. The adoption will take sometimes, it gonna be another year or another decade. It all not made simple and even we think that this pandemic will help people to think about crypto but ain't wonder that there is no massive growth of crypto users, most are still using fiat money.
full member
Activity: 770
Merit: 113
The best thing about bitcoin in the time of lockdown nowadays is when you participated in some of the signature campaigns. even though the payment is not that big, it's a big help for us. we can somehow earn to buy ourselves our necessary needs like food and others.
I am also sorry, hopefully, the promised assistance can be received immediately. We all feel this difficulty, can not work and get the income as they should. In this emergency, having a side job is very helpful, however small it is. And I'm very grateful, got money from the bounty campaign. The crypto world really helped me a lot.
Signature campaigns with BTC rewards do provide instant benefits because rewards are distributed every week. You are chosen. congratulations.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
in my side during this lockdown. bitcoin is very big help on me because of this i can communicate my family in other places. sense no one store to operate to load up my phone i use this bitcoin to buy prepaid load for my phone to communicate them..

I too paid my electricity bills through bitcoins. I also wanted to do online grocery shopping with bitcoin but that option was not available in my country so i had to use my credit card for online shopping.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Since the Supreme Court of India revoke the Reserve Bank of India ban on Crypto gave the thing a nudge and then COVID-19 lockdown occurs 20 days after the decision. With these official decisions couple, things happen in Indian crypto users that people are getting into Bitcoin because they find a good source of income during a pandemic.
That is the sad part because India and South Korea would be the start of Bull together with the coming halving but we are failed because of COVID-19.
Quote
We have seen that huge spike in trading volume and new users registration on multiple exchanges in India during this situation.
Dont be very upset about the India market dumping because this is all effect of this Virus.
Quote
The WazirX officials claimed that the Signups have increased by 25 percent during the lockdown. Within the 30 days during the lockdown, daily trading volume on WazirX has increased by 60%, which is equivalent to $13 million. Meanwhile, another cryptocurrency exchange in India CoinDCX has witnessed a 78% increase in trading volumes in BTC/INR pairs.
Then we should be thankful for that as the percentage are increasing and Good news for the whole market.
sr. member
Activity: 1960
Merit: 329
1. I am reluctant of taking the currency notes because it is a possible medium of spread , Bitcoin helps me sending to whoever accepts

2. My brother isn't able to come personally to take money. I am using ETH and also digital payment to send money.
You can only send ETH or btc or any other cryptocurrency just to those who know how it works and can utilize such, without which it is a waste of time. Fiat still remain the most credible form of money at this time. What OP described is a form of gratitude to the availability of signature campaigns here in the forum, and not just bitcoin alone because bitcoin does not fall from heaven freely. You have to work to earn it. Joining a forum at a distressed time like now will not be topmost thing on the mind of that family the OP talked about.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
Since the Supreme Court of India revoke the Reserve Bank of India ban on Crypto gave the thing a nudge and then COVID-19 lockdown occurs 20 days after the decision. With these official decisions couple, things happen in Indian crypto users that people are getting into Bitcoin because they find a good source of income during a pandemic.

We have seen that huge spike in trading volume and new users registration on multiple exchanges in India during this situation.

The WazirX officials claimed that the Signups have increased by 25 percent during the lockdown. Within the 30 days during the lockdown, daily trading volume on WazirX has increased by 60%, which is equivalent to $13 million. Meanwhile, another cryptocurrency exchange in India CoinDCX has witnessed a 78% increase in trading volumes in BTC/INR pairs.
Well that's a good thing that Indian people are accepting Crypto and relying on it in these hard times and I believe that every country whose people are fed up with their government and their banks can rely on Crypto for securing their future as Crypto is having least resistance and also many more countries are making the use of bitcoins and other Crypto legal. Crypto can provide you anonymity and other benefits which your traditional payment methods can't give you in online world.
copper member
Activity: 200
Merit: 7
Since the Supreme Court of India revoke the Reserve Bank of India ban on Crypto gave the thing a nudge and then COVID-19 lockdown occurs 20 days after the decision. With these official decisions couple, things happen in Indian crypto users that people are getting into Bitcoin because they find a good source of income during a pandemic.

We have seen that huge spike in trading volume and new users registration on multiple exchanges in India during this situation.

The WazirX officials claimed that the Signups have increased by 25 percent during the lockdown. Within the 30 days during the lockdown, daily trading volume on WazirX has increased by 60%, which is equivalent to $13 million. Meanwhile, another cryptocurrency exchange in India CoinDCX has witnessed a 78% increase in trading volumes in BTC/INR pairs.
sr. member
Activity: 1372
Merit: 261
Bitcoin helps a lot during this lock down it helps my family a lot I could send some money to my family members without hassle or going outside because of our crypto wallet.
I also earn from crypto while we are still on lock down so I could say that it really helps me a lot I also found some online seller who accepts crypto as payment for their products and delivery fee.
So I didn't need to go out much because of Bitcoin I could send and buy some food for my family while I am staying at home.
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