Topic: Isn't this the best time for Bitcoin? - page 2. (Read 1357 times)
Not yet! Bitcoin is not fully accepted in many stores or merchandise. Also there is a limited internet connection and using of data to makr transaction is very difficult. Many countries still not accept bitcoin and other cryptocurrency. We know that it really helps in our situation now but there is a lot of things to consider and the first is our government.
It was a good idea, perhaps, there's still a lot of hindrances that prevent bitcoin to becoming the top most used currency to support the world in this pandemic. Why? First, not all of the people have internet, some have it, but not all the time they can use it. Second, the people at older age is quite having a hard time understanding new technology such as blockchain and bitcoin. I can still remember, I have some of my relatives who are washing their cash just to make sure they sanitize it and killed the virus. But once I invited them to use bitcoin, they said it is too complicated and is not trusted.
But majority of the world now has already internet mate so i think that is different issue?but your right understanding Blockchain Technology is what important thing that we can help this community.
See, the first implication of people to bitcoin isn't that good, mainly because of its past when bitcoin was used as a tool to scam. Also, the information about bitcoin is still not widely spread out, meaning, even if the world needed bitcoin and crypto the most especially in times like this, people will still choose the traditional, thus, I can say, we still aren't prepared for the transition of fiat money to crypto.
That image has already changing specially when this pandemic happen,as people made more searching about bitcoin and other cryptocurrency.Though, a simple way of inviting our friends to try bitcoin will really help, especially if they find it good and did the same thing to their other friends, this way, demand for bitcoin will increase.
Yeah in this we agreed,Because we need to help Crypto to be acknowledge of many people,because this is for future. Sadly, the world is in a state of islolation, probably the first time ever?
But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
Stay safe, Stay home
Thank you.
Yes,it very dangerous in our part to use fiat money because it is one carrier of virus but we have nothing to do about it.We still need fiat money to buy our need and i think even covid 19n virus continue to spread,it is not yet the time for bitcoin to become higher or even like as fiat that can be use easily anywhere,anytime. The usage of bitcoin is still limited in different countries. It needs more adoption and acceptance of government. But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
Stay safe, Stay home
Thank you.
Sadly, the world is in a state of islolation, probably the first time ever?
But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
Stay safe, Stay home
Thank you.
I agree with this, now during a pandemic, physical money is a real threat to life and electronic money will become more popular. This should have a positive effect on cryptocurrencies in general. It seems to me that this is already happening in 2020. The pandemic issue is far from complete and we can see various changes around the world that no one expected. But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
Stay safe, Stay home
Thank you.
It was a good idea, perhaps, there's still a lot of hindrances that prevent bitcoin to becoming the top most used currency to support the world in this pandemic. Why? First, not all of the people have internet, some have it, but not all the time they can use it. Second, the people at older age is quite having a hard time understanding new technology such as blockchain and bitcoin. I can still remember, I have some of my relatives who are washing their cash just to make sure they sanitize it and killed the virus. But once I invited them to use bitcoin, they said it is too complicated and is not trusted.
See, the first implication of people to bitcoin isn't that good, mainly because of its past when bitcoin was used as a tool to scam. Also, the information about bitcoin is still not widely spread out, meaning, even if the world needed bitcoin and crypto the most especially in times like this, people will still choose the traditional, thus, I can say, we still aren't prepared for the transition of fiat money to crypto.
Though, a simple way of inviting our friends to try bitcoin will really help, especially if they find it good and did the same thing to their other friends, this way, demand for bitcoin will increase.
See, the first implication of people to bitcoin isn't that good, mainly because of its past when bitcoin was used as a tool to scam. Also, the information about bitcoin is still not widely spread out, meaning, even if the world needed bitcoin and crypto the most especially in times like this, people will still choose the traditional, thus, I can say, we still aren't prepared for the transition of fiat money to crypto.
Though, a simple way of inviting our friends to try bitcoin will really help, especially if they find it good and did the same thing to their other friends, this way, demand for bitcoin will increase.
Yes your idea is definitely good, but it is impossible for this to happen right now because the internet has not yet reached many places in the world, just like here in my country very few know about cryptocurrency or digital cash because of lack of internet connection.
The problem is not how to make transaction without cash, but can all goods be acquired without cash? Can you take transport by transfer or the use of card, this could be possible if only there will be a great improvement around the world technology. How much are we paying taxi or bike men here,that I will have to use my card, when even bank charges will be higher than what you payed for. You have a very good idea, but it can't really be grounded for now.
Sadly, the world is in a state of islolation, probably the first time ever?
But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
Stay safe, Stay home
Thank you.
yeah, viruses can be contagious through cash and the only safe way in daily transactions is to use Bitcoin. but most people in this world still don't know the function of Bitcoin or this digital currency because Bitcoin is still taboo in the eyes of the people (for example in the neighborhood where I live). this is the best time for Bitcoin for people who know about Bitcoin and for those who don't know they keep to won't use it. But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
Stay safe, Stay home
Thank you.
Yes, this is a good time for Bitcoin. In order to invest in Bitcoin, people wait until the Bitcoin price is reduced. I don't think that there is no specific time for invest in Bitcoin. Before few years ago if you want to how position Bitcoin then you can get your ans. I would like to say this is the time to buy Bitcoin in future you will get profit from it.
All time is the good time till it is not a falling market. Bitcoin has an ability to bounce and recover as well. Now time is something which is not known so it can be short to long term you may have to hold it to make profits. So, on dips continue buying it and with the current market mode it seems stabilised above 9200$. So, one spike from here and we will cross 10k it seems now.Sadly, the world is in a state of islolation, probably the first time ever?
But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
Stay safe, Stay home
Thank you.
But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
Stay safe, Stay home
Thank you.
Well not everyone one uses cryptocurrency yet, atleast the population of the world that uses bitcoin isn't as much as those that doesn't. I believe by now everyone would have understood that the pandemic dosen't really create a boom opportunity for the bitcoin as the whole cryptocurrency market is a volatile one that trives majorly when the world is in good condition and not crisis. I assure you that people shifted to the usage of mobile bank apps for their daily transactions since the lockdown is still at large in many places
So, on dips continue buying it and with the current market mode it seems stabilised above 9200$. So, one spike from here and we will cross 10k it seems now.
Everyone is waiting and expecting the price of bitcoin to spike and i am much worried about the economic situation globally and when we will see the cracks in the market and if we see that cracks before the bitcoin rally then it will affect the entire cryptocurrency market as well and if the economy can stand strong till the rally then we are on the safe zone in terms of a rally.Nothing can really be assured on what would happen in near future but we can presume in that when economic state is heavily damage then its normal for us to think that it will affect other markets as well
yet this would disrupt out the money flow nor even the confidence of investors itself yet they will surely pull off on their investment for the sake of their survival if this pandemic do becomes even more worst
on upcoming months to come.For now we dont have any choice but to wait up on what would be the next move into bitcoin and prepare yourself neither for some sell-off or buybacks
neither of the two since we do only have two options to take and two possible movements that it would make.
So, on dips continue buying it and with the current market mode it seems stabilised above 9200$. So, one spike from here and we will cross 10k it seems now.
Everyone is waiting and expecting the price of bitcoin to spike and i am much worried about the economic situation globally and when we will see the cracks in the market and if we see that cracks before the bitcoin rally then it will affect the entire cryptocurrency market as well and if the economy can stand strong till the rally then we are on the safe zone in terms of a rally. Sadly, the world is in a state of islolation, probably the first time ever?
But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
Stay safe, Stay home
Thank you.
But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
Stay safe, Stay home
Thank you.
Yes, as a crypto lover i always agree with you but it would not be because maximum government yet not accepted digital currency so how how you changed the payment method in 3/4 months? But happy news that in this isolation time more people engaged with digital currency and it has been more popular that will help the crypto to go long run.
Now there are many options for conducting financial transactions digitally to avoid the spread of COVID-19. And one of them
Bitcoin can be used for payments, but there are still few people who use it because of its volatile price. So many more people
choose to use online banking. But regarding investing now is the right time to invest in Bitcoin, because the volatile price can
be used to generate profits. Especially now having to work at home and also the unemployment rate continues increased,
becoming the right time for Bitcoin as a source of income.
Bitcoin can be used for payments, but there are still few people who use it because of its volatile price. So many more people
choose to use online banking. But regarding investing now is the right time to invest in Bitcoin, because the volatile price can
be used to generate profits. Especially now having to work at home and also the unemployment rate continues increased,
becoming the right time for Bitcoin as a source of income.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Sadly, the world is in a state of islolation, probably the first time ever?
yeah this is the first time that the whole world is in isolation and the very first experience of Human race.Quote
But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
Stay safe, Stay home
Thank you.
Actually this is what supposed to happen but the problem is the world is not yet ready for adoption.Stay safe, Stay home
Thank you.
Paypal has been used constantly this pandemic but Bitcoin does not,though there are many topic that talks about the increase of Bitcoin searching in Google but seems this is not enough to make the prices Move up that big.
It is right. As long as people don't encourage to use bitcoin, bitcoin will not be used for the payment system. Besides Paypal, people already know another digital money which I am sure that is available in many big countries. The government wants to reduce the use of physical money by using that digital money. They will use another option because many people still don't know about bitcoin.
Sadly, the world is in a state of islolation, probably the first time ever?
yeah this is the first time that the whole world is in isolation and the very first experience of Human race.Quote
But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
Stay safe, Stay home
Thank you.
Actually this is what supposed to happen but the problem is the world is not yet ready for adoption.Stay safe, Stay home
Thank you.
Paypal has been used constantly this pandemic but Bitcoin does not,though there are many topic that talks about the increase of Bitcoin searching in Google but seems this is not enough to make the prices Move up that big.
From my point of view it's not the best time for bitcoin, it's not even a good time for economies in general as people are running out of money and many are already having difficult to buy the basics, like food. Bitcoin is the last thing they will think about for now.
And to say *digital cash* is preferable as we want to avoid infected paper money isn't a very good argument to make people use crypto currency, because there are also digital money option when using local currencies, so no big deal in using bitcoin from this perspective.
And to say *digital cash* is preferable as we want to avoid infected paper money isn't a very good argument to make people use crypto currency, because there are also digital money option when using local currencies, so no big deal in using bitcoin from this perspective.
The cashless transaction has increased over the past few months compared to the previous year.
As what we expected due to the spread of this pandemic, you can actually see it without even looking for data.At the same time there is not much of usage in bitcoin, which means the usage of payment apps and other form of cashless transaction has increased high. The price of bitcoin seems to be stable above $9000 for the past few months with fluctuations happening within limited price margin.
I have to agree, what I see mostly now is the usage of digital payment processors and not the cryptocurrency, also as what I've expect. Most of us anticipated that there will be a vast usage of crypto due to the pandemic since everyone is preventing to get infected by physical contacts but that's not the case for crypto, we haven't established it yet so we are not prepared to use it yet, and I think even if we did so, people will still use the stuff provided by the government, the safe one.In this way for investors who prefer to make some earning out of the fluctuation it is the right time for bitcoin based earning.
Hmmm as the price is at a certain range for quite long time now, it is convincing for every investors to invest now. 
The more we invest in Bitcoin the more its demand will increase This will start the introduction of Bitcoin all over the world The government of every country will support Bitcoin This may be the best time for Bitcoin because Future Dani says the price of Bitcoin will go up. After Halving came the price started going up a lot Now if we hold Bitcoin we will make a lot of profit in the future This will increase the demand for the crypto market.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
The cashless transaction has increased over the past few months compared to the previous year. At the same time there is not much of usage in bitcoin, which means the usage of payment apps and other form of cashless transaction has increased high. The price of bitcoin seems to be stable above $9000 for the past few months with fluctuations happening within limited price margin.
In this way for investors who prefer to make some earning out of the fluctuation it is the right time for bitcoin based earning.
In this way for investors who prefer to make some earning out of the fluctuation it is the right time for bitcoin based earning.
I agree with you that it is right time for Bitcoin based earning. I think it is the perfect time for using Bitcoin payment on our daily life. You mentioned that, last few month cashless transaction has increased. so, if we promote BTC more and if every online shop accepts payments on Bitcoin, then I think it will be a great achievement for us. so, it is the perfect time for promoting and investing on Bitcoin. I hope if we promoting Bitcoin, within a few years all the renowned shop will accept Bitcoin payment.
Jump to: