Pretty instructive story. Anyone can make simple calculations. If he invested a very small amount in bitcoin several years ago, and did not touch it for a long time, he would have won a thousandfold.
Who said that this cannot happen again in the future?
Now more than ever people see the inconsistency of current financial systems, while Bitcoin remains in place.
Topic: How bitcoins is helping during the lockdown - page 5. (Read 1356 times)
Unfortunately, I think that the lockdown isn't a signal for aggressive spreading bitcoin. Your example is obviously not actual because that man has no money at all, he cannot pay for his bills, how can he be BTC investor now? Okay, let's imagine that he sent his money to buy cryptocurrencies; there is a huge risk he'd soon need to take that money back. Thus, he'd cause volatility which is good for market in its speculative meaning, actually. But I wouldn't say that helps bitcoins a lot.
YES!!!! Disregarding the fact that this pandemic is really a pain in the ass for the world right now and it started out our 2020 bad, tge brighter side is that, people tend to engage themselves in the Online Business Fields or any platforms in tge web that would give money to their hardwork, and that's when we introduce bitcoin to them...
Bitcoin is really helpful everytime for everyone especially with this current situation as this pandemic virus still existing around the world. Bitcoin can be alternative for fiat currency, it is really great to use bitcoin as of now because it is better to stay at home and we can do some of our transactions online using bitcoin as way of payment.
It will prevent us to go outside just to do some stuffs we need, but actually can be done online, so bitcoin is there to help us and besides it is more easir and faster to do when using bitcoin and other cryptocurrency.
It will prevent us to go outside just to do some stuffs we need, but actually can be done online, so bitcoin is there to help us and besides it is more easir and faster to do when using bitcoin and other cryptocurrency.
Indeed, many say that bitcoin will be an alternative way of payment in this pandemic but do many make payments via bitcoin? well that's what has to be questioned because credit card payments are still a means of payment in use today even the average of all users also do that so I think bitcoin payments are still 40% in its transactions.
But now people are familiar with bitcoin, but in the next few years bitcoin will become a legitimate payment tool and also legalized by the government so that it will be easier for any payment during this pandemic.
We are passing a very hard time now. COVID-19 has locked down our home, our town, our country and even our world. It has isolated the whole world from the business world. Business men are passing idle time and millions of people are losing their job. Thousands of people can't arrange a squire meal for their livelihood. In this bad situation bitcoin has greatly helped me to survive. I have paid all my utility bills and rents, purchased sufficient foods for my family and arranged other necessary items by dint of bitcoin. I think, it is very much helpful for all in every situation.
Bitcoin is really helpful everytime for everyone especially with this current situation as this pandemic virus still existing around the world. Bitcoin can be alternative for fiat currency, it is really great to use bitcoin as of now because it is better to stay at home and we can do some of our transactions online using bitcoin as way of payment.
I disagree with this, not with bitcoin as a helpful and useful but the thing that we can use it during this times. It's pretty good to know that we can use bitcoin as an alternative to fiat but the fact that we don't have that much machine to support the bitcoin like ATMs ( although there are already existing ones but it is only a few) payment centers etc. On top of that is the volatile characteristic of bitcoin, you cannot just spend it like the way you spend your fiat. In much simpler case we cannot simply use bitcoin at all times, it will be only disadvantaging for you if you do.
In my country, everything is down, the economy is failing, the government is paralyzed and the so-called system is crumbling.
The lockdown is severe and no relief or help is coming from the government.
Without Bitcoin and cryptocurrency at large, I don't know how I and my family would have coped.
Am grateful I got into the crypto space
The lockdown is severe and no relief or help is coming from the government.
Without Bitcoin and cryptocurrency at large, I don't know how I and my family would have coped.
Am grateful I got into the crypto space
Bitcoin is really helpful everytime for everyone especially with this current situation as this pandemic virus still existing around the world. Bitcoin can be alternative for fiat currency, it is really great to use bitcoin as of now because it is better to stay at home and we can do some of our transactions online using bitcoin as way of payment.
It will prevent us to go outside just to do some stuffs we need, but actually can be done online, so bitcoin is there to help us and besides it is more easir and faster to do when using bitcoin and other cryptocurrency.
It will prevent us to go outside just to do some stuffs we need, but actually can be done online, so bitcoin is there to help us and besides it is more easir and faster to do when using bitcoin and other cryptocurrency.
This not the right time to advise someone to use his or her upkeep money to invest into bitcoin. These are challenging period of no means of getting money rather spending the little money you have, ever since the lock down started. Those that have bitcoin are selling it off, so as not to die of hunger. If the lock down continues, I wouldn't mind selling off my bitcoin if the need arises
Yes, it depends on the current situation of the bitcoin holder. Most small time crypto users are selling to augment their daily needs. And nothing wrong with that. But if you can afford to hold or buy more, really up to you also. At the end of the day, we all have different situations in life and we act according to what is necessary to keep afloat in this pandemic situation.
This not the right time to advise someone to use his or her upkeep money to invest into bitcoin. These are challenging period of no means of getting money rather spending the little money you have, ever since the lock down started. Those that have bitcoin are selling it off, so as not to die of hunger. If the lock down continues, I wouldn't mind selling off my bitcoin if the need arises
Bitcoin helped in making sure that transactions are completedwithout the hassle of using paper currency. This pandemic is very good for the reputation of bitcoin because it can help in making sire that people are trusting and knowing more about bitcoin.
This is what I’m seriously worried about. There are countries where social distancing will be difficult to achieve. Especially countries where there are so much poverty, what are the people going to do in such countries?
Seriously it’s not going to be easy when it comes to such countries because people wouldn’t want to stay on lockdown when they don’t have something to eat – I don’t even need to mention the places I’m referring to because you all already know the places I’m referring to when I said poverty-stricken countries. These are the countries where the government don’t even give a damn about citizens, only the rich survive.
Seriously it’s not going to be easy when it comes to such countries because people wouldn’t want to stay on lockdown when they don’t have something to eat – I don’t even need to mention the places I’m referring to because you all already know the places I’m referring to when I said poverty-stricken countries. These are the countries where the government don’t even give a damn about citizens, only the rich survive.
I have time to talk closely to my families and friends now and luckily i have encourage two of them to try investing in crypto ,the one bought small amount of Bitcoin while the others is Ethereum,what i mean here is this is the right time to tell people how these currencies will help them specially now in purchasing power,In online they can just easily pay goods while in reality since the lockdown is in effect they can only do limited things using fiats.
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.
2. My brother isn't able to come personally to take money. I am using ETH and also digital payment to send money.
I have done the same thing and it helped me a lot. There's no way for me to help my relatives from other provinces and I'm glad that I was able to help then with my earnings in Bitcoin. It's the most convenient and safest mode of payment these days. However, cryptocurrency only works with the help of banks and other local remittances but it still eliminates the spread of the virus through direct contact.
Definitely this is a genuine example what BTC can do when situation like this happens, the entire globe is in trouble after this corona scare and governments are strictly advising not to come out of home and the lockdowns are in progress in most of the countries at the same time corporate companies informed their employees to work from home, No one would have experienced such a big issue in their entire life. Thanks to crypto and it's development which is helping us a lot in this weird situation.
Yes, cryptocurrencies help a lot in this situation, but they also have problems, primarily because it’s quite difficult to pay with them, but also, you have to use third parties to exchange cryptocurrencies for fiat , and it’s don't good, if there is still an opportunity, besides exchanges, to exchange them at ATMs. 
Definitely this is a genuine example what BTC can do when situation like this happens, the entire globe is in trouble after this corona scare and governments are strictly advising not to come out of home and the lockdowns are in progress in most of the countries at the same time corporate companies informed their employees to work from home, No one would have experienced such a big issue in their entire life. Thanks to crypto and it's development which is helping us a lot in this weird situation.
If crypto alone, we will still struggle, we need banks to cash out our bitcoin and preferably an ATM machine that should be open 24/7. In our county, we are also under lock down now, social distancing has been advise so it's hard to go in crowded places because no one wants to risk themselves, with bitcoin wallet and ATM, its easy to convert our bitcoin when we need it.
Definitely this is a genuine example what BTC can do when situation like this happens, the entire globe is in trouble after this corona scare and governments are strictly advising not to come out of home and the lockdowns are in progress in most of the countries at the same time corporate companies informed their employees to work from home, No one would have experienced such a big issue in their entire life. Thanks to crypto and it's development which is helping us a lot in this weird situation.
I cant deny the benefit of people who do able to take this opportunity here on cryptospace.During lockdown where everybody is having a problem with income since they are relying with their day jobs.
Im somewhat thankful that earning some btc online not only on campaigns but on other task as well does really give out advantage since you are still earning while you are in home.
We cant do anything for those people who have been affected because they dont have any income but somewhat you can make donations or do help where giving out a small portion of
your earnings.
Also i can sent out money via 3rd party providers to my loved ones who are in distant place without the need on handling some cash or go personally.
Im somewhat thankful that earning some btc online not only on campaigns but on other task as well does really give out advantage since you are still earning while you are in home.
We cant do anything for those people who have been affected because they dont have any income but somewhat you can make donations or do help where giving out a small portion of
your earnings.
Also i can sent out money via 3rd party providers to my loved ones who are in distant place without the need on handling some cash or go personally.
Facing a difficult situation like now, almost all countries do lockdowns. Make most people lose their jobs for the time being. With conditions
like that make most also lose their income, while we need money to daily living costs and to pay bills. Here bitcoin comes as a solution,
because with bitcoin we can not only produce money. However, we can also avoid the spread of the corona virus. Because bitcoin does not
need to make physical contact to make transactions.
like that make most also lose their income, while we need money to daily living costs and to pay bills. Here bitcoin comes as a solution,
because with bitcoin we can not only produce money. However, we can also avoid the spread of the corona virus. Because bitcoin does not
need to make physical contact to make transactions.
hii! how is everyone
can someone help me with some btc if possible, i'm from spain and i don't know what to do during this pandemic
here's my btc wallet adress
1AL6v3PJDCHNj8Qqmc1UAgpKGKbHYdSa5Z
i wish coronavirus dessapear and good health for everyone😢😢😭😭
can someone help me with some btc if possible, i'm from spain and i don't know what to do during this pandemic
here's my btc wallet adress
1AL6v3PJDCHNj8Qqmc1UAgpKGKbHYdSa5Z
i wish coronavirus dessapear and good health for everyone😢😢😭😭
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