Topic: How bitcoins is helping during the lockdown - page 6. (Read 1356 times)

People will just go about over exaggerating things, how will btc help in lockdown and quarantine again,  do we have to expect btc to provide solutions to all of our problems..... including telling us how to handle the lockdown period..... this is too much,
Btc is a digital currency and not an advisory agency that gives advice during lockdown, this topic is totally meaningless in my opinion.

People will just go about over exaggerating things, how will btc help in lockdown and quarantine again,  do we have to expect btc to provide solutions to all of our problems..... including telling us how to handle the lockdown period..... this is too much,
Btc is a digital currency and not an advisory agency that gives advice during lockdown, this topic is totally meaningless in my opinion.

Exactly! The situation is not good enough to go out and deposit or withdraw through the bank, digital money is the only solution. Almost every developed countries are now under lockdown, so, dealing with money is not easy anymore! People are using crypto than other digital currency! Because crypto is easy to use and anyone can have it only by downloading a good wallet! I hope people will remember the blessing of crypto even after the coronavirus is gone out!

Yeah, it’s absolutely the best way to helping each and other who's can not will go to bank for deposit and withdraw their money. Although almost every lockdown countries didn’t closed their banking and other essential places like as shopping malls. Bitcoin and Ethereum payments method will give important role at this time. Even now a lot of people’s are workless so btc and eth will their another resources.          

Many people are very affected most especially those people who are in a low class. Government should do something to help those people who can't go to work because of the lockdown, we don't know when will this community quarantine will end. They have no money to feed for their family, they have no money to buy personal needs like alcohol, medicine and etc. Most elder people are vulnerable from the virus and the government should prioritize the elderly and the poor people. People who are in a medium class can buy what they need because of a stable job. On the other hand, this lockdown will probably make crypto users to become more active here in bitcointalk because they can focus having a discussion here.

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.

Did you do it while he is still crying? 
I just don't understand it quite well. When I see people crying in the streets then I will just listen to them.

How you do it?

It is difficult to open something up that will make them think it is just another thing which they might spend money with while he is still on a stage of finding it hard to make some.
I bet you did great if it is true. But me? No, I don't think I can do it while a man is crying or even afterwards.

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 .

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?

Making someone invest in cryptocurrencies during these times is a possible game-over for them in my opinion. You don't want BTC to fall down once again and remind yourself about the family you tried saving by convincing them to invest in BTC - the family has much less money now thanks to your suggestion. And now if they want to get back their fiat, the process involves the possibility of getting scammed, the commissions and, if these weren't enough, they'll have less value than they started with in the end.

Advertising the forum, on the other hand, is a completely different thing. Let them know they can gather a lot of knowledge by spending their time on BitcoinTalk during the lockdown. After a while, maybe they'll be part of a signature campaign and will stack up their BTC. 2-in-1.

To be honest, Bitcoin isn't helping me very much during the quarantine but the forum is. It's helping me very much actually. Spending time on here makes time pass way quicker so there's less time to think about the worst.

because it already gained the resistance not to go beyond at a certain price since we already have a foundation from institutional investments and big companies. Although the price was dumped last week, it does not bother me coz it is recovering now. Aside the movement was pretty natural for me especially the halving is happening in a couple of weeks from now.

LOL... why should anyone in their right mind buy the coins now, when the economy is in meltdown? I would assume most of the users to sell whatever coins they have in their wallets, so that they can stay alive during the lockdown phase. And trust me, the upcoming block reward halving is not going to have any impact on the Bitcoin prices. We're in for a prolonged bearish phase.

This is why I often say to my family that all matters relating to the crypto world, such as mining, trading, investing, and hunting bounty campaigns are very potential and profitable side jobs. For several times, what I got from the crypto world exceeded my main job in the real world, this gave me a great opportunity to save and realize my dreams. Until I have enough funds and decided to resign, and I focus on the crypto world until now. The advantage I feel is that I can still work optimally despite the chaos out there, but there is also a downside when the market is saturated and most of the bounty campaigns are filled with drama. Well, all work has risks, right?
The important point that I want to convey is, under any circumstances try to prepare savings to face difficult times like this. Try your best for the family and let's help each other by giving as much as we can.

It is too late this time, but he will learn the lesson that always have some bitcoin saving that can last him a few months. For now, the most practical solution is to take emergency loans that he can get, I suppose the government will come out with a such facility soon

But we have on a different story because in my place there is so much panic and they don’t even care it the stocks are cheap and it bitcoin is also cheap, they care about their lives more than anything. This situation can’t happen if the establishments are still not accepting bitcoin and of course, during on a lockdown they are also closed.

It is true, sir. We need ATM for bitcoin withdrawal. If it's locked, how we can make it be cash. I think the government won't lock ATM because it has a vital role. I can't imagine how people will cash out once the government totally locks all bank facilities, including ATM.

I hope so. But we don't know how long this pandemic will be happening. I think it will be easier to stop once all countries have the cure in a sufficient number. And they have the technology to burn off the virus effectively.

No jobs , no schools , no small businesses , nothing.

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 .