Topic: Isn't this the best time for Bitcoin? - page 5. (Read 1357 times)
Hello everybody. For any manipulative system, including Bitcoin, the financial crisis is the best time for a new impulse. Of course, when using cash becomes unsafe due to a pandemic, non-cash payment methods come to the fore. I think if quarantine lasts for another couple of months, it's time to think about the widespread use of cryptocurrency. Crises are becoming more global and causing more and more damage to the economies of various countries. Only cryptocurrency can replace the old, rotten financial system in which the rich get richer and the poor get poorer with a healthier financial system that meets the needs of all segments of the population.
In a time of crisis where coronavirus can be easily spread and may infect anyone, online transactions are the best option. Contactless payment through Bitcoin is always the best option. Cash that is being handed from one person to another continuously then virus can also be handed and pass it from one person to another. Bitcoins and cryptocurrency are digital that means it is appropriate and necessary nowadays. With bitcoins, we can avoid the spread of the virus because it is digital and it will not be necessary for us to have the physical coin for transactions.
However, there are also another method of cashless payment. E-banking system.
However, there are also another method of cashless payment. E-banking system.
Many of us here really prefer to use digital payment in any transaction as it is less hassle and faster nowadays. Plus, during this pandemic, it is safer to use online payments rather than touching a physical money that can also be infected by the virus. The fiat that we are holding can be passed from another person from time to time so probably, physical money are very dirty and you don't know when was your money come out of.
Bitcoin is really good and fast when it comes to transaction you just really need to have a platform where you can use it comfortably. This bitcoin can minimize the rate of transmission of the virus in the world because physical money will temporary be down because of the threat and risk brought by the virus in our country.
While there is a pandemic outbreak coronavirus spreading many people getting affected rapidly and some of them warns other people to avoid too much attached to the things because today the virus is not only can transfer through physical contact but today the virus already involve and it is airborne now and can be last long up to 13 minds in the air and can be attached now on the things we have and one of these is the physical money and ATMs because the money comes from different people and pass through buying some things and received transfer again by repeated cycle so the money is dirty and sometimes we don't have much time to disinfect our money, also the atm are dirty too because there are a lot of people touching this machine and making some withdraw. So before you touch these things it is better to disinfect first.
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.
We know that the adoption of BTC and other cryptocurrency has not been too broad, so the scale is very limited. Payment with cryptocurrency is not very effective at this time. If the aim is to reduce direct contact when using cash, then the most appropriate choice is to use e-money, many services can be chosen such as PayPal. The adoption is wider and many are making e-money as an alternative payment.There will be times when bitcoin becomes the most effective choice, but not for now. IMO, now the transition from cash to digital money, then eventually the time will turn to cryptocurrency.
Bitcoin and crypto adoption isn't going faster. People are still considering the volatility of the crypto market and make them feel not safe.
The lockdown, the limited access to the local market that we have experienced isn't enough to push them to pursue the adoption it is because isn't crypto alone have its solution. A lot of online services system that gives them an option to take just credit ad debit card, some of us are using these things before crypto. To finally say, Bitcoin adoption will come in a moment but not all of us are looking to that at this time.
The lockdown, the limited access to the local market that we have experienced isn't enough to push them to pursue the adoption it is because isn't crypto alone have its solution. A lot of online services system that gives them an option to take just credit ad debit card, some of us are using these things before crypto. To finally say, Bitcoin adoption will come in a moment but not all of us are looking to that at this time.
Everyone has the struggles this time and putting themselves into the risk investment will never be their first option to take (maybe later).
We could think that Bitcoin adoption will become stronger as people will most likely go online system but it was a big opposite to look at because of some reasons. It could be in the realization that Bitcoin is not meant for everybody, the risk involves holds them and they never took this as an opportunity.
We could think that Bitcoin adoption will become stronger as people will most likely go online system but it was a big opposite to look at because of some reasons. It could be in the realization that Bitcoin is not meant for everybody, the risk involves holds them and they never took this as an opportunity.
Bitcoin is not for everybody especially those who are hesitant to touch it. many are in doubt because of the price volatility and all the negative news surrounding it like hacking incidents and scammers. but if they will truly learn what bitcoin or crypto is, they will not bother those negative news because they will know how to avoid those scammers and how to keep safe their portfolio. But for noncrypto users, there is no best time or right time, as long as they are ready to be involved, it is always the best time for them. don't push others to get involved as it will not bring good results, they just might hate it. so it is really up to them when they want to learn bitcoin.
Everyone has the struggles this time and putting themselves into the risk investment will never be their first option to take (maybe later).
We could think that Bitcoin adoption will become stronger as people will most likely go online system but it was a big opposite to look at because of some reasons. It could be in the realization that Bitcoin is not meant for everybody, the risk involves holds them and they never took this as an opportunity.
We could think that Bitcoin adoption will become stronger as people will most likely go online system but it was a big opposite to look at because of some reasons. It could be in the realization that Bitcoin is not meant for everybody, the risk involves holds them and they never took this as an opportunity.
I think the best time for investing with bitcoin during three weeks later for bitcoin halving time, every one knoe how most effective with halving could make bitcoin going to the higher price and give big chance to earn much profit.
we all suspect that this is the best opportunity for bitcoin. some people predict the price will go up very high. it's just that the current situation is quite different from what was expected. it might take time for that. even some opinions say that bitcoin is badly affected by COVID-19 today.
it's just that I feel that this is really right for newcomers because soon will be halving, they will definitely see the benefits of bitcoin and make adoption increase.
it's just that I feel that this is really right for newcomers because soon will be halving, they will definitely see the benefits of bitcoin and make adoption increase.
Bitcoin is not regulated and allowed in all countries of the world. There are less developed countries that do not know about the existence of BTC. People avoid using cash as much as possible during this pandemic period, but they use online banking, Paypal, Venmo transactions. Bitcoin still needs time to be recognized by all countries and applied worldwide. At the moment it is found only in highly developed countries.
This,the proper time for bitcoin because corona virus will not to be fact in bitcoin market. Bitcoin is not time to buy at this moments because your opinion the bitcoin is not market value of cypto market. Bitcoin is deprived of this, and it will allow him to take the place of the world's reserve asset in the next few years.
I think this is the 2nd thread that deals about how bitcoin is reliable in these times of pandemic. Yes, it's best to buy bitcoin and use it for payments because there's no need for hand to hand interaction.
No virus will be transferred just like what the experts are saying about touching physical things because it can be another place for the virus to stay and pass onto another. But, everyone is in problematic days that we have to use cash to spend for our needs and people can't think of this.
No virus will be transferred just like what the experts are saying about touching physical things because it can be another place for the virus to stay and pass onto another. But, everyone is in problematic days that we have to use cash to spend for our needs and people can't think of this.
Probably, the virus really affects the price of bitcoin in the market that's why many whales are celebrating and planning to buy more bitcoin. People are panic selling because of this quarantine, they have no work so that they have also no money to spend just to survive this pandemic. There are people who are really selling and also holding some coins at the same time because they still want to trust bitcoin although it is in a downward price. We have nothing to do with that because if the market's movement is really in a crash, then we should become more patient and practice our self-discipline more as this pandemic is still on progress and people are not yet discovered or invented the vaccine for this virus.
It actually is tge best time for bitcoin since people should stay at home, they can open themselves into a field that would give them an opportunity to earn while just sitting, eating or even doing the quarantine things. But the main concern now is, to stay safe and sanitized.
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.
Using fiat money can indeed be one of the means of the spread of Covid-19, but to apply Bitcoin as a means of payment I think it still takes a long time so that everything can be easy. But I believe after the Corona virus ends, the world will be completely digital. 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 is.
But I hope there are supermarkets who accepts that kind of payment.
Sadly, there are not much.
You will still need to exchange your bitcoin into something which is being offered at the cashier.
Cash or credit card or debit card only.
Perhaps, there will be a time we could see it there. Even for just one cashier.
But I hope there are supermarkets who accepts that kind of payment.
Sadly, there are not much.
You will still need to exchange your bitcoin into something which is being offered at the cashier.
Cash or credit card or debit card only.
Perhaps, there will be a time we could see it there. Even for just one cashier.
I also think that it's bet time to buy or hold BTC. As you see that the price of BTC is quite stable now. Moreover, we need cashless transaction right now. What could be better than BTC. There's no limit, tracking issues & very fast medium of transaction. We can use BTC to buy groceries as well as medicines. Though many countries aren't accepting crypto as a currency, they'll soon understand the fact. And Bitcoin will gain its real place.
it's not as easy as that friend, there are still many other alternatives besides bitcoin for online payments and Sudan is licensed in each of their respective countries. most and many people who do not know more about bitcoin and how to use it. we cannot force it
because they don't want to know either. Many people become ignorant of new technology because they closing such an opportunity to work with them. We can't see Bitcoin consider as a currency itself as we don't have huge support from the community. It can just be hopes of no possibility to come because we ain't to push it and lead by example.
We can't expect bitcoin price drop $1k after we can buy? Even bitcoin market always unstable so you need take a time after buying. You can Expand your mind after checking bitcoin cart integration, anyway you can buy at this time because now very cheap price everyday.
I totally agree. If you think of Bitcoin not as a daily investment, but as a long-term investment tool, you are always likely to win. I say possibility, because I never believed in something that promised to be guaranteed. It brings excessive inflation to things that guarantee income. Or it is definitely SCAM. Looking at this day from the beginning of Bitcoin, it has earned every investor in the long run. But it would not be correct to see this as certainty.
While bitcoin is a good way to make payments, there are still other fiat payment methods like Credit card and debit card which can be used for payments.
These cards these days also have tap n pay facility for which you don't even have to swipe the card in the machine.
So I guess while there are existing ways in which people can use fiat money conveniently, bitcoin won't have a chance for being used as an alternative.
These cards these days also have tap n pay facility for which you don't even have to swipe the card in the machine.
So I guess while there are existing ways in which people can use fiat money conveniently, bitcoin won't have a chance for being used as an alternative.
We can't expect bitcoin price drop $1k after we can buy? Even bitcoin market always unstable so you need take a time after buying. You can Expand your mind after checking bitcoin cart integration, anyway you can buy at this time because now very cheap price everyday.
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