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Title: How bitcoins is helping during the lockdown Post by: fiulpro on March 19, 2020, 12:06:25 PM 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. Title: Re: How bitcoins is helping during the lockdown Post by: 20kevin20 on March 19, 2020, 12:22:54 PM 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. :D Title: Re: How bitcoins is helping during the lockdown Post by: absy on March 19, 2020, 12:33:09 PM 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. Title: Re: How bitcoins is helping during the lockdown Post by: fiulpro on March 19, 2020, 12:43:26 PM 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. Yes , I am encashing bitcoins and then sending my family presents to make sure they are not that sad about the Corona Virus being spreading , indeed not all stores accept the bitcoins and other cryptocurrencies as a means of payment but encashing them is always an option and if your wallet supports encashing then it is amazing how easily you can buy or sell bitcoins using that . Cryptocurrencies are very important and very useful during these times. Title: Re: How bitcoins is helping during the lockdown Post by: fiulpro on March 19, 2020, 12:45:38 PM 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? The trick is, I told the person about the pros and cons , at the same time if the person decides to do that maybe he is able to master the shot term trading. 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. :D If he is able to start earning through a campaign or provide his services online through this forum this way he is not using his money but at the same time he is earning something . The thing is even in times of low you can actually earn , trading for short term gives you small small increment , you can even do that on hourly basis. Signature Campaigns and the services section is always there if you are too scared to loose money . Title: Re: How bitcoins is helping during the lockdown Post by: Raflesia on March 19, 2020, 12:52:11 PM The government has now made a decision to lockdown in many areas, many jobs have become dead because they cannot leave the house, this is causing pressure for everyone to survive in moderation. I think the government should make another policy for people who cannot afford rent because they cannot work. due to this lockdown.
Do you suggest joining the signature campaign are they ready with their own accounts? I think if a new person needs time to join the signature because the manager will not choose a new person as a member of his partition. Title: Re: How bitcoins is helping during the lockdown Post by: Akiko on March 19, 2020, 12:54:59 PM 1. I am reluctant of taking the currency notes because it is a possible medium of spread , Bitcoin helps me sending to whoever accepts in the end they will still use paper money after cashing it out to local currency.2. My brother isn't able to come personally to take money. I am using ETH and also digital payment to send money. Its good if the money never hold by those affected but what if they do. Then there are also potential risk that they will also chance that you will be affected using that paper money. We will only reducing the risk by using crypto to send money but if there are no store that will accept crypto directly as payment you qill experience the same risk . I hope many department store accept crypto payment this time since it is more important and we really need this time to stop the spread of virus. Title: Re: How bitcoins is helping during the lockdown Post by: Taskford on March 19, 2020, 12:59:03 PM 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. For sure you lose some $ value with it right since the price keep dropping when the virus spread around the world and it hit the economy so bad and all holders are suffering from a big loss happening these days. And it doesn't helpful on my side since although the transaction is quite fast but the worry about the price dumps give me me worries and I can relax to see some bad shots on the market. Title: Re: How bitcoins is helping during the lockdown Post by: 20kevin20 on March 19, 2020, 01:04:17 PM The trick is, I told the person about the pros and cons , at the same time if the person decides to do that maybe he is able to master the shot term trading. I'm curious to read some of the professional traders' thoughts about short term trading during these times. The markets are literally crazy. You just don't even know what to expect anymore. Most of my BTC trades were profitable - but right now I'm very afraid to make any move in the crypto markets so I'd rather just sit on the side and look at whatever is happening.If he is able to start earning through a campaign or provide his services online through this forum this way he is not using his money but at the same time he is earning something . The thing is even in times of low you can actually earn , trading for short term gives you small small increment , you can even do that on hourly basis. Signature Campaigns and the services section is always there if you are too scared to loose money . Isn't telling someone about how you can earn from the sig campaigns of this forum basically shaping up the idea of BitcoinTalk being a job in their mind? ??? I'm not accusing you, just trying to say that we must take maximum precaution when letting someone know about the forum so we don't create a false idea of it in their minds. :D Title: Re: How bitcoins is helping during the lockdown Post by: ballerin and giroud on March 19, 2020, 01:25:14 PM How about trading and investing are they still promosing at this situation? I only see that in the OP you just stated that signature campaign is a solution for people who don't have any income. In the first of your post I guess you will be explain that bitcoin will help people to reduce the using of money fiat because as you may know the money paper can make people affected the corona virus. In other hand I still doubt that signature campaign or bounty campaign which paid in token will help most people out there. They may need a more time to promote a project to gain money, also an account that they should have at least shoud be senior member or full member.
Title: Re: How bitcoins is helping during the lockdown Post by: Debonaire217 on March 19, 2020, 01:33:41 PM I think this is too fast unless you are able to provide the person your spare account for him/her to start doing campaign here on our forum. Though, the idea of bitcoin at this times is really to become the alternate transaction medium aside from cash. I will just reinstate the scenario in our house just a week ago. One of my relative sanitizes almost all of her cash and in that point, I told her to use digital payments and some information about bitcoin, how to use it. She agree, but her response is that, it is quite hard for newbies to learn it. That is why, we should not stop on providing help for people around us. Especially, to take the situation as an opportunity to help other people by inviting them to use bitcoin.
Title: Re: How bitcoins is helping during the lockdown Post by: The Cryptovator on March 19, 2020, 02:23:51 PM I don't know how bitcoin will help during lockdown. Because you could only make transaction between blockchain but if you are unable to cash out on real cash then bitcoin wouldn't help you on that case. For real cash you have to go bank, exchange or ATM where support bitcoin withdrawal. But if lockdown means everything will be locked. Really feeling bad because of world crisis due to COVID-19. Should be fine everything as soon as possible otherwise global economy will collapse totally and we will face more problems especially for foods.
Title: Re: How bitcoins is helping during the lockdown Post by: absy on March 19, 2020, 02:51:45 PM 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. For sure you lose some $ value with it right since the price keep dropping when the virus spread around the world and it hit the economy so bad and all holders are suffering from a big loss happening these days. And it doesn't helpful on my side since although the transaction is quite fast but the worry about the price dumps give me me worries and I can relax to see some bad shots on the market. Title: Re: How bitcoins is helping during the lockdown Post by: rhomelmabini on March 19, 2020, 03:14:23 PM 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 tend to disagree that it will best right now to invest in something volatile, it will be very risky to do and besides if the person needs it in the short term that will not literally help him, it may break him even more if it continues to decline. I may agree he can have an extra income if he joins campaign but that matters on his rank since maybe like Full Member or higher, token campaigns will not help him since most of them pay once the campaign finished for over a month or longer.If you still earning through bitcoin I guess it will still help you, for example, you have some balance and want to cash out those you might still since remittances are still open or even send it to someone you know e.g. a family member or a friend in need of money and besides it easy to send it or cash out it even just on your mobile phone. Isn't telling someone about how you can earn from the sig campaigns of this forum basically shaping up the idea of BitcoinTalk being a job in their mind? ??? I'm not accusing you, just trying to say that we must take maximum precaution when letting someone know about the forum so we don't create a false idea of it in their minds. :D Somehow that's what my impression too since he seems speaking to the person that signature campaign was more like an ideal job, when in fact it shouldn't be the case.Title: Re: How bitcoins is helping during the lockdown Post by: Akiko on March 19, 2020, 03:54:56 PM I don't know how bitcoin will help during lockdown. Because you could only make transaction between blockchain but if you are unable to cash out on real cash then bitcoin wouldn't help you on that case. For real cash you have to go bank, exchange or ATM where support bitcoin withdrawal. But if lockdown means everything will be locked. Really feeling bad because of world crisis due to COVID-19. Should be fine everything as soon as possible otherwise global economy will collapse totally and we will face more problems especially for foods. Depend on the country in my country you can use it to widraw directly to your bank account so its big help for us mostly this time. You can also convert your crypto to our local currency and widraw in remmitances . And this lockdown time every remitances and bank is open so your crypto can be use as emergency funds incase you needed it and you dont have enough budget that you can use to buy basic needs like foods. Title: Re: How bitcoins is helping during the lockdown Post by: crustycrab666 on March 19, 2020, 09:29:54 PM Work from home, as a freelancer I've done this even before lockdown, so this doesn't really change much in my life. Unfortunately, there are many people out there who are bothered by this, we know, everyone has a different job and economic situation. I see this simple, not necessarily with bitcoin because this is not a simple thing that can be learned quickly, we should prepare savings and emergency funds to deal with unexpected bad conditions like this. As much as possible also share with others in need, many humanitarian organizations that raise funds, we can help even if a little.
Title: Re: How bitcoins is helping during the lockdown Post by: tsaroz on March 19, 2020, 09:47:00 PM Crypto would be the only option for countries that have no extensive use of digital currencies. And as banking sector closes, there would be no-one to verify those online transaction where bitcoin would come again as it's decentralized verification system would literally work from home. The only sectors people would need to continue working is power and internet. Which could be an issue to some countries.
Title: Re: How bitcoins is helping during the lockdown Post by: Rengga Jati on March 19, 2020, 11:36:54 PM I don't know how bitcoin will help during lockdown. Because you could only make transaction between blockchain but if you are unable to cash out on real cash then bitcoin wouldn't help you on that case. For real cash you have to go bank, exchange or ATM where support bitcoin withdrawal. 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.Should be fine everything as soon as possible otherwise global economy will collapse totally and we will face more problems especially for foods. 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. Title: Re: How bitcoins is helping during the lockdown Post by: minersday on March 19, 2020, 11:43:28 PM Personally, the only way I see bitcoin and cryptocurrency helping people in the quarantine country is through daily trading. And this has so many advantages and disadvantages depending on the understanding level of the person trading. But I don't really see bitcoin helping people during this lockdown. It takes a lot to understand daily trading of bitcoin in order to maximize profits...
Title: Re: How bitcoins is helping during the lockdown Post by: Oceat on March 19, 2020, 11:53:09 PM 1. I am reluctant of taking the currency notes because it is a possible medium of spread , Bitcoin helps me sending to whoever accepts This is a bit helpful since we can't actually go out to use some real cash to buy but we couldn't still use it either if there is a home quarantine. It's just like we can't really use some Bitcoin if the stores are closing due to the pandemic crisis, the same applies to the real cash though. Some stores are closing that's why people are panic buying already since the day that this spread all over the world I have noticed a lot of changes.2. My brother isn't able to come personally to take money. I am using ETH and also digital payment to send money. Title: Re: How bitcoins is helping during the lockdown Post by: Twinkledoe on March 19, 2020, 11:58:36 PM Personally, the only way I see bitcoin and cryptocurrency helping people in the quarantine country is through daily trading. And this has so many advantages and disadvantages depending on the understanding level of the person trading. But I don't really see bitcoin helping people during this lockdown. It takes a lot to understand daily trading of bitcoin in order to maximize profits... One should not dive in crypto trading if he is still fresh in this market. He will just end up losing all his money. You are right, it depends on the understanding level of the person. Because crypto is very volatile and the movement is really unpredictable, you are taking high risk here. And I guess, this is not for newbies. But one thing the OP suggested, by joining campaigns, is good. But it will take time for a new one to be oriented in this kind of activity. At least he is suggesting something here, an option to look at. ;) Title: Re: How bitcoins is helping during the lockdown Post by: Sadlife on March 20, 2020, 12:28:17 AM 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. :D The lockdown is used to delay the virus, yes it's not a guarantor to stop it but what our government is planning is to wait until the recent vaccine that's been submitted for testing gets approved. I think that's they're planning to do. If they dont implement a lock then it will be a huge massacre like in Italy. As for me, Bitcoin is helping a lot especially with no other sources of income and a family to feed. This is a third world country so $30 a week is enough. Title: Re: How bitcoins is helping during the lockdown Post by: hatshepsut93 on March 20, 2020, 01:11:33 AM Investing in Bitcoin when you are doing poorly financially is a really bad thing to do, you can't afford to gamble in that position. Even if Bitcoin goes to the moon in a few years, there will likely be a lot of uncertainty soon. Campaigns are also bad - they don't pay much and you have to be a high ranked member to join them, so it takes time and a lot of work to rank up (earn merit). You should have instead pointed him to crypto freelance platforms, but even those things aren't going to help much, the traffic over there is very small.
Bitcoin isn't a solution to any financial problems, it was created to solve only one problem - the problem of freedom. For example, if you want to leave a country and take your money with you, then Bitcoin can help. Title: Re: How bitcoins is helping during the lockdown Post by: maxreish on March 20, 2020, 02:08:26 AM That's a great use of bitcoin in case of this situation we are facing. I can actually pay bills with my btc thru online with my digital wallet so I don't have to go outside and still cooperating by all means from the government's advice in this lockdown. Since I also do some signature campaigns and they also advice us to work from home, it's still a win-win situation for me.
Good to hear you have introduced bitcoin to someone. Especially that btc is down atm then they can possibly buy at low and hold it until the price goes up. While others are using bitcoin wisely, other's don't want to spend their bitcoin in this market situation. Title: Re: How bitcoins is helping during the lockdown Post by: KrisAlex18 on March 20, 2020, 06:32:32 AM As what we are facing right now, as COVID-19 is still spreading around the world, some governments in different country decided to lockdown some areas, or even the whole country to prevent the spreading of the virus, which is I strongly agree with what they have done, because that is the only thing that can lessen the risk of spreading the virus.
There are already a lot of bankrupt businesses, unemployed workers, and infected people because of the virus, there are so many afraid people to go outside thinking that they can get the virus if they go outside, by that thing bitcoin or other cryptocurrency will be good to use, we can purchase what we want using cryptocurrency, in which we don't need to go outside anymore just to complete our stuffs. I hope that there are so many countries that accept bitcoin in their land because this is really important right now to prevent the risk of spreading the virus to each and everyone. Title: Re: How bitcoins is helping during the lockdown Post by: davis196 on March 20, 2020, 06:39:17 AM I guess that the current situation of government lockdowns everywhere will benefit all online industries.
Online shopping is booming.Amazon wants to hire 100,000 people in order to fulfill all shipping orders. The crypto world might benefit from this as well,even though the crypto exchange platforms were damaged by the market panic.The coronarecession will damage all "brick&mortar" businesses and many people with "9 to 5" jobs will lose their income source.There must be some kind of social security system that protects them from extreme poverty and going bankrupt.The governments should find a way.I don't think that the crypto world can help those people. Title: Re: How bitcoins is helping during the lockdown Post by: absy on March 20, 2020, 06:47:56 AM I guess that the current situation of government lockdowns everywhere will benefit all online industries. I am glad crypto markets were damaged because it just gave us the opportunity to buy almost all leading crypto for cheap price . I don't think BTC will fall again in the near future ( except if Coronavirus panic isn't over in 4-5 months ) . As you told , 9-5 job guys are the hardest hit , the factory owners will have to suffer huge losses but I am sure governments will come forward to help them ( but they actually can't as they are the ones funding the virus testing which actually costs too much ) . Online shopping is booming.Amazon wants to hire 100,000 people in order to fulfill all shipping orders. The crypto world might benefit from this as well,even though the crypto exchange platforms were damaged by the market panic.The coronarecession will damage all "brick&mortar" businesses and many people with "9 to 5" jobs will lose their income source.There must be some kind of social security system that protects them from extreme poverty and going bankrupt.The governments should find a way.I don't think that the crypto world can help those people. ~snip~ Yup , it will be good for BTC community as if more countries accept it , more buying of BTC then the price will go up . Not only in that point of view , it will also help the countries too in generating income.I hope that there are so many countries that accept bitcoin in their land because this is really important right now to prevent the risk of spreading the virus to each and everyone. Title: Re: How bitcoins is helping during the lockdown Post by: Assface16678 on March 20, 2020, 07:06:43 AM I guess that the current situation of government lockdowns everywhere will benefit all online industries. Online shopping is booming.Amazon wants to hire 100,000 people in order to fulfill all shipping orders. The crypto world might benefit from this as well,even though the crypto exchange platforms were damaged by the market panic.The coronarecession will damage all "brick&mortar" businesses and many people with "9 to 5" jobs will lose their income source.There must be some kind of social security system that protects them from extreme poverty and going bankrupt.The governments should find a way.I don't think that the crypto world can help those people. One of the widely spreading news today is related to the outbreak happening right now into our country and that is the coronavirus and many people make a lot of panic buying or hoarding because of the lockdown happening on different places and their city to secure they selves they need to buy a lot of things immediately and some of them are having a cryptocurrency or the bitcoin and some of the people make withdraw and convert their bitcoin into fiat currency so they can use it to buy all the things they need and now it is really affect to the whole market of the crypto because they are rapidly selling their coins and the price of the bitcoin fall down, also some of the investors of bitcoin help out and donate some money to the government or to other people so they can sustain for a while and cure the virus and avoid spreading on it rapidly. The total bitcoin amount is too hard to identify because from the price of 9k dollars it falls immediately into 3.9k dollars. Title: Re: How bitcoins is helping during the lockdown Post by: ethereumhunter on March 20, 2020, 09:17:51 AM I have this scenario in my mind:
We cannot go to a local store to buy daily needs, but we can ask them to send the product to our homes after we make a payment to them. And gladly, they accept crypto as the payment besides of credit/debit card so they could send the wallet address to us so we can pay them directly from our home. That will be excited to have that experience because we don't have to to go anywhere, and we can make a pre-order to them and let them prepare everything for us, and we only need to pay the transaction. We can do another thing in our homes while they delivered our request. I think that will help many people from preventing the virus while we don't have to be afraid of the lockdown. Title: Re: How bitcoins is helping during the lockdown Post by: Kurokonobasuke on March 20, 2020, 09:26:30 AM The purpose of lock down is to minimized the spreading of corona virus within a country, but when we hear lock down it is a force by the government to stay at home and to avoid people to go out. But it is impossible to go outside because we need to buy food that serves as an essential needs. For me, the bitcoin will help us during the crisis by just sending them digital money and used it in buying foods or essential needs and for the digital money can act as payment. Using digital money can prevent of spreading the corona virus because when we used the physical money it can transmit the virus to others, so that I prefer to used digital money instead of physical money. That's for my opinion only. Title: Re: How bitcoins is helping during the lockdown Post by: fricks13 on March 20, 2020, 09:34:57 AM Well I do think everyone is fimilar with the situation that every country is in right now . Bitcoin is being used as of now because of the virus, there are many people who became afraid of going outside, they are afraid to buy foods, stuffs, etc. because of the virus, but there is no problem on that if we have BTC or different cryptocurrency on our e-wallet and of course if our country accepts the bitcoin as payment on something. I think because of our current situation, different countries are now planning about the use of cryptocurrency in their land because it really helpful as alternative on our fiat currency.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. Title: Re: How bitcoins is helping during the lockdown Post by: LogitechMouse on March 20, 2020, 11:17:22 AM To eleminate the risks of spreading the Corona virus , government have established lockdown . Our government has established a lockdown already days ago and we can feel the effects of it on the first day especially for those who are working as an employee or as a crew member in fastfood. It already affected all of the workers since most of the establishments have been closed temporarily.~ Those who will suffer the most here are the ones who doesn't have any emergency funds in times like this. If you are a financial literate person, you must know that you need to keep money for emergency funds. Your savings can be your emergency funds too if you are lacking monthly salary but you must have a emergency fund so that if situations like this will happen then you have spare money to use. Most of our people here in our country are suffering right now because they don't have emergency funds and what do they do? Sharing what they are feeling in social media and bashing the government :X. 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. If there are people who helped by Bitcoin right now, these are the ones who are working online like freelancers who are accepting Bitcoin and us people who are into a signature campaign which is Bitcoin paid. It is supporting me right now at least and this is where I get my fiat money to buy some supplies and some of my needs. Even though I don't go out like most of the people here, I have given an opportunity to earn at home :). 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 🔥 1. I am reluctant of taking the currency notes because it is a possible medium of spread , Bitcoin helps me sending to whoever accepts We don't have a choice but to accept currency notes right now especially if we are in a business who are still open right now even the crisis was there or we are buying things outside. The only thing that we can do is after you give the note, wash your hands with soap and water or put some alcohol on your hand so that the virus will die.Title: Re: How bitcoins is helping during the lockdown Post by: quarkfx on March 20, 2020, 11:38:35 AM 1. I am reluctant of taking the currency notes because it is a possible medium of spread , Bitcoin helps me sending to whoever accepts obviously digital payment will help people who are in isolation , I don't think bitcoin is used much in this case if bitcoin is used more then price would not be falling so badly , other then bitcoin people can use online transfer too bu overall digital medium is helping to contain virus from spreading 2. My brother isn't able to come personally to take money. I am using ETH and also digital payment to send money. Title: Re: How bitcoins is helping during the lockdown Post by: GDragon on March 20, 2020, 04:02:51 PM 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. :D Agree, every country needs mass testing. I think infected people without symptoms might be spreading the virus faster than we know. Lockdowns can help slow down the spread but it will only be effective when all the people gets help from their government, such as work pay, rents, and other needs. Otherwise, they will not remain in their houses when they know they need to work. That 17 yr old news is kind of scary. How can we beilive in testing with that news? I wish it isn't true. Title: Re: How bitcoins is helping during the lockdown Post by: absy on March 20, 2020, 04:10:21 PM I have this scenario in my mind: We cannot go to a local store to buy daily needs, but we can ask them to send the product to our homes after we make a payment to them. And gladly, they accept crypto as the payment besides of credit/debit card so they could send the wallet address to us so we can pay them directly from our home. That will be excited to have that experience because we don't have to to go anywhere, and we can make a pre-order to them and let them prepare everything for us, and we only need to pay the transaction. ~snip~ I wish my country people were so free and knowledgeable of using crypto in their service . We still have people here who are afraid of making digital payments as they feel something might go wrong , so using crypto is still a long dream . ~snip~ It is not as easy as you tell , the economy is down and the government has to support them and do you know how much it costs to just test one person? It is 5-6k here in my country which is equivalent to around 100$ which is a huge amount here . Agree, every country needs mass testing. I think infected people without symptoms might be spreading the virus faster than we know. Lockdowns can help slow down the spread but it will only be effective when all the people gets help from their government, such as work pay, rents, and other needs. Otherwise, they will not remain in their houses when they know they need to work. That 17 yr old news is kind of scary. How can we beilive in testing with that news? I wish it isn't true. Title: Re: How bitcoins is helping during the lockdown Post by: Sanugarid on March 20, 2020, 04:28:20 PM 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 agree tho, lockdowns will not stop the virus from spreading but man that is the only way to slowd down the infection rate, limiting people from their movement. Testing kits, I'm also skeptical about this one, my take on this is every country should have different testing kits and it should depend on the every factor that counts like climate, race composition and everything coz you can't just put a vaccine on a dog that has been tested on cats.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. :D I came to agree, even now people are hardly cannot connect themselves to atm machines, businesses are closed and banks are operating in limited times. Imaging having bitcoin on your e-wallet and cannot spend it, useless isn't it?Title: Re: How bitcoins is helping during the lockdown Post by: kryptqnick on March 20, 2020, 05:18:17 PM Well I do think everyone is fimilar with the situation that every country is in right now . Honestly, if a person doesn't have income, I don't think that investing in Bitcoin or in anything else is the right decision. One should not invest what one cannot afford to lose, and in this case a person definitely cannot afford to lose any more money. Earning through campaigns is a different thing, but quite unlikely if a person's so new to the market and doesn't have a highly merited account on Bitcointalk by any chance. Bitcoin is potentially helpful because using it cannot get anyone infected, but in the current situation it did not manage to get particularly useful so far...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. Title: Re: How bitcoins is helping during the lockdown Post by: johnyj on March 20, 2020, 07:48:43 PM in the current situation it did not manage to get particularly useful so far... It is helping people killing their time at home Title: Re: How bitcoins is helping during the lockdown Post by: johnyj on March 20, 2020, 07:53:32 PM 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. 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 Title: Re: How bitcoins is helping during the lockdown Post by: gentlemand on March 20, 2020, 08:26:12 PM I'm not sure who it's helping right now any more than it did before, but isolation might fuel increased education about it and all the spectacular financial fireworks thrown around by countries like the US may drive people to ponder what the money in their pocket actually means.
There'll be a lot of boredom in the coming months but also a lot of learning. Title: Re: How bitcoins is helping during the lockdown Post by: gundala on March 20, 2020, 08:50:29 PM 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. Title: Re: How bitcoins is helping during the lockdown Post by: MCobian on March 20, 2020, 09:13:00 PM I experienced the same thing, because in my country lockdown is also being applied. I as a food business owner can not
make money for about 2 weeks. And this is enough to make me stressed, because I also have a burden of debt to the bank. Fortunately, there is a bitcoin that is a solution, I tried to trade so I could earn some money. And also do it signature campaign for additional income. So it is true that bitcoin is very helpful in today's conditions. Title: Re: How bitcoins is helping during the lockdown Post by: ololajulo on March 20, 2020, 09:32:48 PM I dont stay in USA, UK and Italy at the moment, and I observed that most post looks like they are not in area of high threat. Maybe the victim dont come on this forum ATM. If anyone knows that he cant go out indefinitely and he has family with kids, he will think more of how to provide the necessities in the home at least for a month or more, it will call for emergence withdrawal of fiat, purchase this necessities and hold a little fiat which I was responsible for the market dump
Title: Re: How bitcoins is helping during the lockdown Post by: princerepon on March 20, 2020, 09:48:37 PM I don't know how much helping bitcoin during this lock down cause still we depend on FIAT money very much. But people are so lucky which place or market approve btc as FIAT money. At lest they can buy goods or products from house. And those people have no worry about their salary whom working for btc in internet. At least they can earn btc seating on their chair. :D
Otherwise i can't see a lot. But people will understand from this crisis why crypto currency need so much in human life. Title: Re: How bitcoins is helping during the lockdown Post by: johnyj on March 20, 2020, 10:51:42 PM If everyone stay at home and start to buy coins, the price will rise and they will get extra income on paper and feel more confident. And if they don't sell everything they invested later on, they indeed can make some profit in a few months
Title: Re: How bitcoins is helping during the lockdown Post by: samcrypto on March 20, 2020, 11:50:56 PM If everyone stay at home and start to buy coins, the price will rise and they will get extra income on paper and feel more confident. And if they don't sell everything they invested later on, they indeed can make some profit in a few months 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.Title: Re: How bitcoins is helping during the lockdown Post by: camito on March 21, 2020, 03:28:03 AM 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. Because I am also aware of the lockdown, what matters to me right now is the safety of my family. Because it is hard to provide right now, and I have my parents, the only thing I can do best is maintain my status in the campaign. I admit too that Bitcoin is not really helping me much but I have to say that despite of the pandemic, how the campaign manages well is a good news. Your suggestion to the poor man is well a good hearted act but you might as well have considered its current status and you must observe him from time to time because we are aware that he is vulnerable to scams and fraud, as well as indecisiveness. Title: Re: How bitcoins is helping during the lockdown Post by: ethereumhunter on March 21, 2020, 08:18:41 AM If everyone stay at home and start to buy coins, the price will rise and they will get extra income on paper and feel more confident. And if they don't sell everything they invested later on, they indeed can make some profit in a few months 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.I guess that is happening in many cities too because many people read so many fake news from the sources that they don't know if that news is real or not. People need to read from valid sources from the government, so they don't need to panic, and they can prevent the virus that can infect them. Related to bitcoin, if people want to learn about bitcoin, they will know that bitcoin can be used for making transaction and they can buy anything with bitcoin if they cannot use fiat to buy their daily needs. Title: Re: How bitcoins is helping during the lockdown Post by: Debonaire217 on March 21, 2020, 08:45:16 AM I'm not sure who it's helping right now any more than it did before, but isolation might fuel increased education about it and all the spectacular financial fireworks thrown around by countries like the US may drive people to ponder what the money in their pocket actually means. Yes, because right now, even though we think of bitcoin as the solution for the lock down and the COVID crisis, bitcoin's price significantly decrease that means that people will not be willing to sell their bitcoin when they get stuck by the price when they can't sell at huge price. Meaning, there's a possibility that instead of using their bitcoin for this crisis, they might be hodling it now to avoid losses.There'll be a lot of boredom in the coming months but also a lot of learning. That is, when people have internet in their respective houses, because if we have just TV, I think it is still kind of boring to watch TV all day, unlike having internet connection where we could always be updated and free, to watch and read anything we want.Title: Re: How bitcoins is helping during the lockdown Post by: bitbink on March 21, 2020, 09:08:33 AM I can't say that Bitcoin helps me a lot now, I'm not going to sell a single satoshi before halving. At least, thanks to Bitcoin I have something to do during the lockdown (reading books and watching videos about crypto and blockchain).
Title: Re: How bitcoins is helping during the lockdown Post by: wozzek23 on March 21, 2020, 10:28:39 AM I hope you didn’t make him believe that cryptocurrency is a key to solving their problem, because if we are being sincere it is not, it doesn’t solve your problem. This is an investment and he can invest the remaining money he has and end up losing it and that would be worst for him, the price of bitcoin has been critical as of lately, so telling him to invest his money in Bitcoin is a really bad idea.
The only thing I support that he should do know is look for online jobs, and not even signature campaign because he will need to register in this forum and become an active user before he will reach a level to start joining signature campaign. Title: Re: How bitcoins is helping during the lockdown Post by: Vishnu.Reang on March 21, 2020, 11:00:29 AM If everyone stay at home and start to buy coins, the price will rise and they will get extra income on paper and feel more confident. And if they don't sell everything they invested later on, they indeed can make some profit in a few months 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. Title: Re: How bitcoins is helping during the lockdown Post by: imstillthebest on March 21, 2020, 11:34:22 AM If everyone stay at home and start to buy coins, the price will rise and they will get extra income on paper and feel more confident. And if they don't sell everything they invested later on, they indeed can make some profit in a few months 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. i dont think most can sell on a lock down . people are also not working so exchangers were closed and the governments are only providing relief operations . maybe on some places that arent really affected or already recovered , works on there are now normal and people can now sell and buy/cash in btc . people buy coins because they can pay thier love ones that are from a far away and avoid traveling to prevent the risk of the virus spreading . this is one of the help that bitcoin provide Title: Re: How bitcoins is helping during the lockdown Post by: Bitcoinislife09 on March 21, 2020, 12:49:51 PM Well I do think everyone is fimilar with the situation that every country is in right now . The fiat money is not reliable to use since the physically money could be a way to spread the virus because they are so many people that touching it, In china they are using they Alipay card to cover all of the expenses they cash are just for emergency because it might contain virus. Also a lot of investors might sell their holdings in bitcoin because this is a emergency crisis for most of the countries like Italy. Fast transactions and you could send cryptocurrency at anywhere in the world I think they could really be useful at this times. Without jobs investment might come handy at this times.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. Title: Re: How bitcoins is helping during the lockdown Post by: FlightyPouch on March 21, 2020, 01:02:53 PM No jobs , no schools , no small businesses , nothing. Here's the thing about jobs/work and school at this lockdown. Teachers are pushed by the government to find a way of teaching online. We are suffering to do that since not all of my students have access to the internet. It is really hard, and they would say that as a teacher we should find a way to teach our students, I do and teaching them how to take care of themselves right now, it is more important. 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 . To be honest, I told this to some of the unemployed people I know and they are just happy the first time I talked about it. After that, I am checking their accounts here at the forum and they are not online, they are not even posting. You see, I know that you want to help but it is not that easy to earn money even if you say that it is a little. Okay, let's say he is interested in doing campaigns; will you stay there to teach him at this time? Is it worth it? I am not against it, I experienced this and this taught me that even you have the power to help, there will come a time that you will realize it is not enough. It is heartbreaking but it is life, we need to cope with it. Title: Re: How bitcoins is helping during the lockdown Post by: Latviand on March 21, 2020, 05:10:36 PM I don't know how bitcoin will help during lockdown. Because you could only make transaction between blockchain but if you are unable to cash out on real cash then bitcoin wouldn't help you on that case. For real cash you have to go bank, exchange or ATM where support bitcoin withdrawal. 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.Should be fine everything as soon as possible otherwise global economy will collapse totally and we will face more problems especially for foods. 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. It depends because there are countries now that you can pay some transactions using bitcoin. Buying goods, payment for bills, donation, and etc., it also depends if your country is already allowing bitcoin to circulate the economy and can be manipulated by the citizen. You're lucky enough if the government is supporting those bitcoin holders. This pandemic will also help people to promote and use digital currency or digital platform because people are used to pay necessary things using fiat currency. Bitcoin doesn't really required to have an ATM but the purpose of the ATM is for the business who doesn't accept digital currency. Title: Re: How bitcoins is helping during the lockdown Post by: johnyj on March 21, 2020, 08:38:14 PM If everyone stay at home and start to buy coins, the price will rise and they will get extra income on paper and feel more confident. And if they don't sell everything they invested later on, they indeed can make some profit in a few months 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.Yes the panic is coming, but if they sit down and do some homework, they will see that: 1. jobless rate will be very high and there is no job to seek 2. their living cost has to be dealt with, but they are losing income even if they have some insurance 3. they have to find a way to make some money Then they will see that, at such a time, bitcoin investment is the only thing that might make them some money, at least that is something that they can start to get their hands on. Seeking a job currently is totally impractial Title: Re: How bitcoins is helping during the lockdown Post by: Yatsan on March 22, 2020, 01:27:13 PM 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. 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 Title: Re: How bitcoins is helping during the lockdown Post by: KnightElite on March 22, 2020, 01:47:47 PM 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? I'm a full time crypto trader and it help me to avoid the corona virus, the most vulnerable people are the frontliners and also people who are working in offices. I feel safe because I'm not a person who usually go outside, I'm a trader who often monitor charts and doing some analysis. Bitcoin gave me opportunity even though that there is a lockdown in my community, I know that many people here in the forum are also benefiting by joining in signature campaigns and bounty campaigns. 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. Title: Re: How bitcoins is helping during the lockdown Post by: Sanugarid on March 22, 2020, 02:00:26 PM If everyone stay at home and start to buy coins, the price will rise and they will get extra income on paper and feel more confident. And if they don't sell everything they invested later on, they indeed can make some profit in a few months 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. Title: Re: How bitcoins is helping during the lockdown Post by: HardFacts on March 22, 2020, 02:08:18 PM 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. ABSOLUTELY WRONG: BitCoin does NOT, NOT, NOT have any significant amount of institutional money investing in it, BitCoin is much to volatile for them to even touch it. Anyone working for institutional money that took such a high risk would be FIRED. Do you always talk about subjects that you know absolutely nothing about ? ? ? Hard Facts Title: Re: How bitcoins is helping during the lockdown Post by: madhavsinghrajput on March 22, 2020, 02:15:35 PM 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 agree with you man,Even i don't feel that bitcoin is helping me during quarantine in any sense because in lock-down all we need is basic necessities and we can only get them with fiat atleast in my area.Even though you have bitcoin,small vegetables vendors and general store here in my locality doesn't even have online payment option.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. :D Noble thought that you tried to help that guy but even i think investing your limited financial resources in bitcoin market now is nothing less than stupidity. It will not help in any way. Surety of getting good return in short span in current situation is tuff that is the exact demand of that guy. But only thing that will help him not now but in near future will be the seed of bitcoin that you have put in his mind.It will help him to tackle such situation if occurred in future(hope it never happens).Still great thought and kudos to you. Title: Re: How bitcoins is helping during the lockdown Post by: Mulann2 on March 22, 2020, 02:59:40 PM 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. Title: Re: How bitcoins is helping during the lockdown Post by: Reid on March 22, 2020, 03:04:26 PM 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. Did you do it while he is still crying? :DI just don't understand it quite well. When I see people crying in the streets then I will just listen to them. 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 . 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. Title: Re: How bitcoins is helping during the lockdown Post by: AniviaBtc on March 22, 2020, 03:29:33 PM 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. Did you do it while he is still crying? :DI just don't understand it quite well. When I see people crying in the streets then I will just listen to them. 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 . 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. 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. Title: Re: How bitcoins is helping during the lockdown Post by: mdzahed134 on March 22, 2020, 04:01:13 PM 1. I am reluctant of taking the currency notes because it is a possible medium of spread , Bitcoin helps me sending to whoever accepts 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. 2. My brother isn't able to come personally to take money. I am using ETH and also digital payment to send money. Title: Re: How bitcoins is helping during the lockdown Post by: CarnagexD on March 22, 2020, 04:03:15 PM 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. Did you do it while he is still crying? :DI just don't understand it quite well. When I see people crying in the streets then I will just listen to them. 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 . 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. 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. Today having an online payment is one of the most very important things because of the virus rapidly spreading it is better that we are avoiding some issues of having direct contact or physical contact with the other people, for now, it is better if we have a social distancing because the virus is still spreading and we cannot assure until when it comes. It is better if we keep staying in our houses and do something productive even we are in our houses. If you need to pay something you can use the cryptocurrency you have to do that if they are already supported with the use of it. But if not use the other online payment. Title: Re: How bitcoins is helping during the lockdown Post by: thisnewcoin on March 22, 2020, 05:14:23 PM 1. I am reluctant of taking the currency notes because it is a possible medium of spread , Bitcoin helps me sending to whoever accepts 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. 2. My brother isn't able to come personally to take money. I am using ETH and also digital payment to send money. Title: Re: How bitcoins is helping during the lockdown Post by: Twentyonepaylots on March 22, 2020, 10:15:45 PM 1. I am reluctant of taking the currency notes because it is a possible medium of spread , Bitcoin helps me sending to whoever accepts 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. 2. My brother isn't able to come personally to take money. I am using ETH and also digital payment to send money. Title: Re: How bitcoins is helping during the lockdown Post by: Kelvinid on March 22, 2020, 11:06:59 PM It really gives a big help for every holder especially to the lockdown situation but the problem is that not all areas are accepting bitcoin or any cryptos. Supposedly we have to directly use it to buy stuff, foods and other necessity but unfortunately, people are converting it into fiat for them to use it. This is also a reason why the price of Bitcoin moves down instead we think that it soars high as the demand might increase but the situation has turned into like this.
Title: Re: How bitcoins is helping during the lockdown Post by: crustycrab666 on March 22, 2020, 11:21:49 PM 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, It seems you have to look at this in a different way, BTC is not a social organization that can provide assistance as you say, but through BTC and the crypto world in general, we can use it as an alternative to earning money without direct interaction and activities outside the room. We are in a position to discuss lockdown and social distancing. So this is a very effective alternative.Btc is a digital currency and not an advisory agency that gives advice during lockdown, this topic is totally meaningless in my opinion. Title: Re: How bitcoins is helping during the lockdown Post by: bL4nkcode on March 22, 2020, 11:45:20 PM 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, Well, it's about money, buying with cash and interact with people will cause you to be infected, working is the same, while online is a different thing, buy things for necessity, work online and paid with bitcoin is a different thing for the issue people facing due to this virus.Btc is a digital currency and not an advisory agency that gives advice during lockdown, this topic is totally meaningless in my opinion. While of course btc can't help every problem people's faced, so stop being a dick, and appreciate the good things given to you with the technology. Title: Re: How bitcoins is helping during the lockdown Post by: Japinat on March 22, 2020, 11:53:16 PM Lock down is bad for our business, personally, I have a problem in accessing my bank account as I don't open an online transaction, I have to go to the city to withdraw funds but the city is already in lock down, therefore my only source for now is my bitcoin which I have been saving until now and I am just slowly withdrawing it through my ATM when there is really a need.
Another thing that help me is my online job that pays in crypto, that helps a lot when my business was shut down too. Title: Re: How bitcoins is helping during the lockdown Post by: kawetsriyanto on March 22, 2020, 11:58:18 PM For the payment purpose, Bitcoin cannot help much because it is forbidden here. But It helps me so much in trading, so even I am experiencing self-isolation (quarantine) during the Covid19 pandemic, I still have something to do (working as a trader). Now, I trade Bitcoin more often, you can say that I'm working as a daily trader. I have much time at home, why not to spend it for trading Bitcoin.
Title: Re: How bitcoins is helping during the lockdown Post by: Lorenagarciaa0 on March 23, 2020, 11:16:47 PM 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😢😢😭😭 Title: Re: How bitcoins is helping during the lockdown Post by: Shasha80 on March 23, 2020, 11:42:40 PM 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. Title: Re: How bitcoins is helping during the lockdown Post by: milewilda on March 23, 2020, 11:57:26 PM 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. Title: Re: How bitcoins is helping during the lockdown Post by: mahilchii on March 24, 2020, 04:05:56 AM 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.
Title: Re: How bitcoins is helping during the lockdown Post by: Japinat on March 24, 2020, 09:15:34 AM 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. Title: Re: How bitcoins is helping during the lockdown Post by: FanatMonet on March 24, 2020, 10:10:08 AM 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.Title: Re: How bitcoins is helping during the lockdown Post by: Genemind on March 24, 2020, 10:23:38 AM 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. 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. Title: Re: How bitcoins is helping during the lockdown Post by: peter0425 on March 24, 2020, 10:42:32 AM 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.
Title: Re: How bitcoins is helping during the lockdown Post by: tbterryboy on March 24, 2020, 06:04:45 PM 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. Title: Re: How bitcoins is helping during the lockdown Post by: Meowth05 on March 25, 2020, 03:45:04 AM 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.
Title: Re: How bitcoins is helping during the lockdown Post by: Onuohakk on April 17, 2020, 11:42:23 PM 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
Title: Re: How bitcoins is helping during the lockdown Post by: Twinkledoe on April 17, 2020, 11:56:21 PM 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. Title: Re: How bitcoins is helping during the lockdown Post by: Eugenar on April 18, 2020, 05:23:05 AM 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. Title: Re: How bitcoins is helping during the lockdown Post by: Excell110 on April 18, 2020, 01:55:00 PM 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 Title: Re: How bitcoins is helping during the lockdown Post by: Sanugarid on April 18, 2020, 02:14:35 PM 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.Title: Re: How bitcoins is helping during the lockdown Post by: azmirihaque on April 18, 2020, 03:28:17 PM 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.
Title: Re: How bitcoins is helping during the lockdown Post by: $crypto$ on April 18, 2020, 04:25:59 PM 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. 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. Title: Re: How bitcoins is helping during the lockdown Post by: Jako0203 on April 19, 2020, 10:00:12 AM 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...
Title: Re: How bitcoins is helping during the lockdown Post by: chainese on April 19, 2020, 11:06:18 AM 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.
Title: Re: How bitcoins is helping during the lockdown Post by: TrevorS on April 19, 2020, 01:27:57 PM 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. Title: Re: How bitcoins is helping during the lockdown Post by: shield132 on April 19, 2020, 01:28:43 PM 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. You are selling your bitcoins because you have collected/bought them in past, am I right? Yes. So if you had collected fiat in past, you would be able to pay your rent too. As easy as ABC.The best way cryptocurrencies are helping us right now is that you are able to mine if you have a good GPU or asic miner. While staying at home you can mine crypto and earn money, you aren't abandoned, it's a huge benefit. Otherwise saying that you were holding crypto and it's what saved you, isn't that right because in such situations it's 50/50 what will happen around price. You know everyone needs money and there is a chance people will have a will to sell their bitcoins as soon as possible and get money during quarantine and as a result it will drop price a lot. But on another hand people may stick with it and see bitcoin as a real escape during such situations. You can't bet your future on things like this. And bonus+ Cryptocurrencies offered us blockchain, don't forget that there are high paying jobs in this niche and you can work online. Knowledge = power. Title: Re: How bitcoins is helping during the lockdown Post by: Oasisman on April 19, 2020, 01:55:21 PM Cashless payment system like bitcoins are very useful in current covid19 panic. Currency notes are also one of the carrier of Corona virus, so this is one another use case of bitcoin. Unfortunately, not every country has a large number of merchants, and grocery stores that fully accepts Bitcoin and other alts. specially in the 3rd world countries. Cashless payment can also be done by using debit and cc in purchasing essential goods to survive the lockdown. Bitcoin isn't the primary option tbh. though I am a crypto enthusiast, but I must admit, in times like this majority of the people prefer to use cash, debit, and cc for easy access with basic necessities. Title: Re: How bitcoins is helping during the lockdown Post by: verita1 on April 19, 2020, 02:31:56 PM I have three years that my only income is cryptocurrencies and since then, I have not been interested in another job. Because I can receive better remuneration even though they are micro-jobs. I exchange my tokens for BTCitcoin because it is in good demand. I am trading it on CryptoWay to receive a bank transfer.
I am satisfied, I can achieve a good rate, low commission, and security. In my country, banks are closed, only money circulates through bank transfers and mobile payments. Only food and medicine establishments are open in the morning until noon each day. We pay with debit cards and cash in circulation. Title: Re: How bitcoins is helping during the lockdown Post by: carlisle1 on April 19, 2020, 02:45:44 PM Cashless payment system like bitcoins are very useful in current covid19 panic. Currency notes are also one of the carrier of Corona virus, so this is one another use case of bitcoin. Unfortunately, not every country has a large number of merchants, and grocery stores that fully accepts Bitcoin and other alts. specially in the 3rd world countries. Cashless payment can also be done by using debit and cc in purchasing essential goods to survive the lockdown. Bitcoin isn't the primary option tbh. though I am a crypto enthusiast, but I must admit, in times like this majority of the people prefer to use cash, debit, and cc for easy access with basic necessities. Cashless payment system like bitcoins are very useful in current covid19 panic. Currency notes are also one of the carrier of Corona virus, so this is one another use case of bitcoin. hope this will be functional worldwide and countries will start adopting Bitcoin as payment method and not just as asset to be stored.Title: Re: How bitcoins is helping during the lockdown Post by: Wayan_Pedjeng on April 19, 2020, 02:50:39 PM Those who invested earlier are lucky. Most of them have significant holdings and they can survive these tough times by selling their coin holdings. But investing in Bitcoin at this point is extremely risky. You don't know in which direction the prices are going to move. I would rather chose reliable assets such as gold and platinum at this point.
Title: Re: How bitcoins is helping during the lockdown Post by: TalkStar on April 19, 2020, 03:08:22 PM Cashless payment system like bitcoins are very useful in current covid19 panic. Currency notes are also one of the carrier of Corona virus, so this is one another use case of bitcoin. Its quite hard to be disagree with you and at the beginning of Covid-19 people were not enough careful about paper notes but now all changed. To keep the speed of corona virus transmission lower everyone is trying their best but end of the day everything is so tiny for this unstoppable virus. All we can do is just increasing awareness of keep ourselves clean and following lockdown procedures. World economy is going to face the most worst time ever and every economist are quite agree with that. In the meantime worldwide corona affected countries people are trying their best to keep themselves safer but without job and regular income i don't know how longer government will be able to keep their citizens at home. Definitely use of bitcoin for daily bill payment is helping peoples to keep themselves safer from social or physical transmission. But bitcoin isn't supported in most of the countries countries so their peoples are not getting the advantage of using bitcoin during this pandemic. Title: Re: How bitcoins is helping during the lockdown Post by: $crypto$ on April 19, 2020, 03:17:26 PM Cashless payment system like bitcoins are very useful in current covid19 panic. Currency notes are also one of the carrier of Corona virus, so this is one another use case of bitcoin. Unfortunately, not every country has a large number of merchants, and grocery stores that fully accepts Bitcoin and other alts. specially in the 3rd world countries. Cashless payment can also be done by using debit and cc in purchasing essential goods to survive the lockdown. Bitcoin isn't the primary option tbh. though I am a crypto enthusiast, but I must admit, in times like this majority of the people prefer to use cash, debit, and cc for easy access with basic necessities. Indeed, this is a good suggestion from the crypto community that bitcoin should be a good payment at covid-19 but it is true you say not all countries have access like that because some countries still use credit cards which up to now are still widely used for buy goods without having to contact then what is the country that still hasn't legalized bitcoin? because there is still no strong security system and it is also vulnerable to hackers with hard to trace, therefore the best solution for crypto payment is only for the community IMO. Title: Re: How bitcoins is helping during the lockdown Post by: eldude9 on April 19, 2020, 04:16:03 PM yea, how about 1 year free rent if you do it via bitcoin.com or bitso.com, the Mexican banks will go all Fintech, or do something else... its like sugarwater, it may not exist in Mars or what are your opinions?
I think trump can mine bitcoins to provide for the poor for 1 year, who can get this message to his staff? imagine the price of bitcoin will go??? I think we just got another use for bitcoin! Im going to work on my side, Mexico, AMLO is going to change mexico, its going to be a cultivated country, with people that know how to read and write and play with crypto hehe. lets try to fix this problems before its to late for the planet to get back in shape, and we can start with the oceans, we need them clean or not? its time to stop dumping shit in the water to have a job... check vallartopia.org its the beginning of a Permaculture project on the blockchain. saludos! el dude! The government has now made a decision to lockdown in many areas, many jobs have become dead because they cannot leave the house, this is causing pressure for everyone to survive in moderation. I think the government should make another policy for people who cannot afford rent because they cannot work. due to this lockdown. Do you suggest joining the signature campaign are they ready with their own accounts? I think if a new person needs time to join the signature because the manager will not choose a new person as a member of his partition. Title: Re: How bitcoins is helping during the lockdown Post by: plvbob0070 on April 19, 2020, 04:22:31 PM Those who invested earlier are lucky. Most of them have significant holdings and they can survive these tough times by selling their coin holdings. But investing in Bitcoin at this point is extremely risky. You don't know in which direction the prices are going to move. I would rather chose reliable assets such as gold and platinum at this point. With the current situation, we really need to have our savings for our future expenses since we don't know how long this virus will be. I guess I'm also lucky enough that I still have my investment, though I have no plan of selling it yet since I still have some savings. We don't know when the lockdown is going to end. Until then life will be very hard for each and every human around the globe. Almost every country is operating only the emergency and basic necessary departments. We need to appreciate governments as well, because few country governments have taken perfect plans on how to overcome the economic condition. By now we the bitcoiners have got a little earning out of the campaigns. I'm still thankful that I have means of earning even though we're all stuck in our houses, and I can help with the expenses. It really helps a lot especially now that we need to stock up some foods. We can't just always expect that the government will help us. Title: Re: How bitcoins is helping during the lockdown Post by: Asuspawer09 on April 19, 2020, 04:30:42 PM 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. I guess since I have an investment in bitcoin I could easily use my investment for emergency funds since there is a lockdown there will be no jobs and we need to make a profit using bitcoin it might be possible by investing. Also, I think as a digital currency I think it might be useful to use it as a payment method since physical money might cause the virus to spread because the virus might be in your physical money. On the other hand, I could focus in the campaign here in the forum since this might the online income that I could make at home. Title: Re: How bitcoins is helping during the lockdown Post by: Bitcoinboss52 on April 19, 2020, 04:33:31 PM I absolutely love bitcoin. Its saved my sanity..
During this lockdown. Im able to still gamble while the casinos are shut down then turn around sell it and use my debit card to buy grocerys on sites like insta cart and stuff. So yes its a blessing and its also always cool when the lrixe rises unexpectedly. Title: Re: How bitcoins is helping during the lockdown Post by: bithisach on April 20, 2020, 01:56:10 AM 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. Personally, I've been able to keep paying my guy in Colombia for coding, originally he was teaching me but I wasn't able to continue with it, so I've basically found him a job at my company, we use crypto for a part of the budget, and because we can't make him a contract if he's not physicially in france and he doesn't accept Euros, the company settled to pay him in crypto, he likes it and it's convenient for us but after COVID we DEFINITELY need to invite him and see about due process to get him onboard and opening a Euro account for him if it's convenient for him of course. Title: Re: How bitcoins is helping during the lockdown Post by: GDragon on April 20, 2020, 04:02:05 AM - It really depends on each situation. For those who do not have crypto assets, as long as they have side jobs or business reserves that are not directly affected by this crisis will surely benefit. How important is Plan B in this situationI 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. - Suggesting the crypto world as an alternative effort to earn money in this pandemic I feel is not quite right. This ecosystem is not something that is easy and can be learned quickly. So many traps and fraud cases at this time, it will only make the newbie grasping risk. However, I believe that this will be useful if it is well studied. Be thankful if we still have this road, don't forget to donate and help people around us. I felt the same way too. If you met someone who needs money in this time of pandemic, specially those who are really in the point of crying in the streets, it means they really have nothing at the point. I think its kinda off to get him into Bitcoin to earn money. It needs resources and a lot of time. How will he earn? Mining? Trading? Campaigns? I think it is more helpful to somehow help him find a more sustainable work or notify officials about those people who are not capable to survive during this pandemic. It is somehow better to approach him with a more reliable solution. It depends really in the social status of the person, some can afford to learn bitcoin during this pandemic because they have the resources, but some really can't. They need an urgent solution to earn money without a risk. Title: Re: How bitcoins is helping during the lockdown Post by: TalkStar on April 20, 2020, 05:05:49 AM Unfortunately, not every country has a large number of merchants, and grocery stores that fully accepts Bitcoin and other alts. specially in the 3rd world countries. Yeah definitely,,, not only in 3rd world countries but also in well developed regions too. Good news is in some countries people continue their bitcoin resell and transactions by maintaining private or public social media community of their own. Though bitcoin transaction is not government authorized on their regions but they continue their buy-sell activities at their own risk.Due to strict government rules they can't make open trade or accept payments on grocery stores or outlets. Hope this scenario will change soon in the near future. Title: Re: How bitcoins is helping during the lockdown Post by: totoy4741 on April 20, 2020, 01:01:36 PM I don't really see how useful the bitcoin is in times like this, Many people still prefer to use credit or debit card as methods for payments, and bitcoin has massive crash down which is I think it would not convince a lot of people to use it for such situation. But in due time we finally globally adopted to blockchain and cryptocurrency will be able to use it.
Title: Re: How bitcoins is helping during the lockdown Post by: Nancyo on April 21, 2020, 09:09:00 PM Lockdown isn't going to put a stop to the Virus, people will get tired of been on lockdown and would react and to be Frank, who would want to invest in bitcon as of this time, what they majority are interested in now is the funds to feed and survive at the moment and even if they still go into bitcon, how will they get food items and others with it. But nonetheless I believe that they are some that will be fortunate enough to learn one or two things about bitcoin at this time that would really help them when the pandemic is over and as you rightly said Bitcointalk is the right place to start
Title: Re: How bitcoins is helping during the lockdown Post by: arwin100 on April 21, 2020, 09:31:08 PM Lockdown isn't going to put a stop to the Virus, people will get tired of been on lockdown and would react and to be Frank, who would want to invest in bitcon as of this time, what they majority are interested in now is the funds to feed and survive at the moment and even if they still go into bitcon, how will they get food items and others with it. But nonetheless I believe that they are some that will be fortunate enough to learn one or two things about bitcoin at this time that would really help them when the pandemic is over and as you rightly said Bitcointalk is the right place to start It cannot stop but actually it will help the authority to control the spread and make their job at ease, so cooperation here is a must to everyone since if hard headed people doesn't cooperate with authorities and the number of people infected will still increase expect the lockdown will be extended as we don't still have a vaccine as of now. All of us in the same boat so cooperation is needed since if we continue to disobey the orders we are not only hurting ourselves but also the economy since if government cannot flatten the curve of this case the they will collapse since the government have no income and economy cannot move due to this disease. Title: Re: How bitcoins is helping during the lockdown Post by: coupable on April 21, 2020, 09:50:03 PM I don't really see how useful the bitcoin is in times like this, Many people still prefer to use credit or debit card as methods for payments, and bitcoin has massive crash down which is I think it would not convince a lot of people to use it for such situation. But in due time we finally globally adopted to blockchain and cryptocurrency will be able to use it. People still believe in what governors say and in what bankers say. And that the pandemic impact on economy is still considered at early stages, people still not aware to think about bitcoin as a better alternative. As we still don't know for how long the pandemic would last, i think bitcoin will growth by more popularity once the crisis is over if for short to medium terms. If the crisis takes much more time, monetary system will collapse and people will find shelter in bitcoin . Title: Re: How bitcoins is helping during the lockdown Post by: coupable on April 21, 2020, 11:25:29 PM If the monetary system crashes, then Bitcoin, and especially other cryptocurrencies, will face the same fate. Many people hope that Bitcoin will someday cost $ 100,000 or more, but I always have a question for this case. And what can you buy at that time with this money? I totally agree with your point. Bitcoin price value is already set in fiat. The crash will have impact over all markets.What i meant by "crash" of the monetary system is that FIAT will have less importance than what is it today. A global economic crisis would first infect the inresistble fields like paper money as it helps spread the virus; this fact would upset the monetary system who is not yet ready to digitalise every transaction in FIAT . Title: Re: How bitcoins is helping during the lockdown Post by: Sadlife on April 22, 2020, 12:18:03 AM Bitcoin and cryptocurrency manage to help me and my family to sustain food to eat and buy daily necessities like personal hygienes and medicines. Especially with the lockdown there are no jobs you can apply to so it's really frustrating losing a regular job especially when you have people depending on you. Signature campaign is truly a great help to earn extra money when you're living in a country that isn't fully develop and remote jobs is still not in demand.
Title: Re: How bitcoins is helping during the lockdown Post by: wozzek23 on April 23, 2020, 12:51:55 PM 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. Title: Re: How bitcoins is helping during the lockdown Post by: pawanjain on April 23, 2020, 02:53:56 PM If I would have been in that person's place then I would surely not choose to trade bitcoins in this pandemic situation.
That guy is already suffering so much due to no income and besides that he also has to take care of his family. The current market is risky to invest and investing in bitcoin without any experience in such a situation would just be foolishness. But yeah doing campaigns and providing online services for bitcoins would be a great deal of tackling the current pandemic situation. Title: Re: How bitcoins is helping during the lockdown Post by: hahay on April 23, 2020, 06:38:28 PM Right, with bitcoin at least someone who has been in the market for a long time and this community at least has an income that might be enough to support the needs of food and other necessities for the family every day, but when someone comes to this market because they want to earn income in this market then I don't think it will be easy for those who have lost their savings and of course it will be increasingly difficult. But when they still have a lot of money in their savings, then of course this bitcoin or crypto market can be a solution for them to still be able to get income by doing day trading or even mid term investment.
Title: Re: How bitcoins is helping during the lockdown Post by: finaleshot2016 on April 23, 2020, 11:56:00 PM Honestly, bitcoin is a great support to me during ECQ or enhanced community quarantine as I have no savings left. That is why I am still hoping that bitcoin will grow to double my income. It's hard to live like this because we don't have any means to raise money and some of us are lucky because they receive money from this platform through bounties and promotions all the time.
Regarding lockdown, I agree with @20kevin20, look at South Korea, they have already wiped the COVID-19 cases on their country by enforcing lockdowns, but more cases have occurred once again after lifting it. An anti-virus or vaccine is required and the only key which makes us immune to COVID-19. So obviously, my current bitcoins help me live through this ECQ / lockdown, even increasing the days of ECQ because it's unlikely to avoid the COVID-19 through simply lockdown enforcing. Title: Re: How bitcoins is helping during the lockdown Post by: FlightyPouch on April 24, 2020, 12:23:02 AM Those who invested earlier are lucky. Most of them have significant holdings and they can survive these tough times by selling their coin holdings. But investing in Bitcoin at this point is extremely risky. You don't know in which direction the prices are going to move. I would rather chose reliable assets such as gold and platinum at this point. Well, we can't really do anything about that, can't we? And I don't think they are doing that since for sure, most of those whales that you are saying are now holding their btcs for the incoming having since it would give good opportunities for them to sell or have a profit. The price drop a lot of times now since the start and I don't think we should say that they are lucky, being first has its cons too. Title: Re: How bitcoins is helping during the lockdown Post by: GDragon on April 24, 2020, 12:52:47 AM 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. Title: Re: How bitcoins is helping during the lockdown Post by: danggoron on April 27, 2020, 11:41:12 PM -- This is one effective way to slow the rate of spread of the virus. So that most countries impose lockdown. The goal is to reduce transmission speed so that medical personnel is in a balanced position to treat patients. In the meantime, some curves still show disproportionate comparisons, where the number of positive patients is greater and not proportional to available medical personnel. Therefore let us help each other, reduce outside activities if it is not important. Stay at homeLockdown did not stop the spreading of coronavirus. It just freeze the virus because the mechanism of the people makes the virus vulnerable to all. The more we are walking and interacting at our town, the more that infection or sharing of virus will have. Virus never walks but the person who carried virus is the one that moves. So, lockdown never stop covid it will just pause the continuously spreading of virus. Therefore, even we don't want. We must abide. Of course, those who have side jobs, like us who have a way to work in the crypto world, should be grateful for being able to get money. Lots of people lost their jobs and difficulties during this pandemic, as much as we can help. Title: Re: How bitcoins is helping during the lockdown Post by: TalkStar on April 28, 2020, 09:58:14 AM Regarding lockdown, I agree with @20kevin20, look at South Korea, they have already wiped the COVID-19 cases on their country by enforcing lockdowns, but more cases have occurred once again after lifting it. An anti-virus or vaccine is required and the only key which makes us immune to COVID-19. Almost all covid-19 affected countries are following the same lockdown procedure where its actually an way to keep the spreading speed lower and buy some extra time for finding cure. During this situation some countries have already started to lift lockdown due to run the frozen economy. Honestly we have nothing much left on our hand and fight against corona virus is going to be much longer than we are expecting. In this global crisis most people who live under poverty line or near that are facing problems with buying food, medicine and other costs. So obviously, my current bitcoins help me live through this ECQ / lockdownmi increasing the days of ECQ because it's unlikely to avoid the COVID-19 through simply lockdown enforcing. Specially in some countries banks and related organisations are keeping their banking services open for only 1/2 hours daily. So its being so tough to withdraw cash even if you have enough savings. For all these obstacles and lockdown issues people are depending fully on mobile and online bankings. So in a situation like this who are earning bitcoin and holding a good amount is relatively on safer side. IMO bitcoin will definitely help a lot of people to maintain lockdown procedure for a long time and its the advantage of using crypto currency. Title: Re: How bitcoins is helping during the lockdown Post by: yazher on April 28, 2020, 10:42:15 AM 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. lucky those who are chosen to participate in the signature campaign because they are no longer need to wait for their government to give them support, they can go buy what their needs with these decent earnings they got. especially those who live in a 3rd world country like me, this is a huge help for us because till now the promise allowance that our government gives is not yet arrived at us.
Title: Re: How bitcoins is helping during the lockdown Post by: fullhdpixel on April 30, 2020, 05:32:23 PM Recommending Bitcoin to him is a good idea, but what kind of job did you recommend that he do? Because, if you're trying to say that he's going to be investing money, then that would be a bad idea at this time. A lot of people right now are looking for a means to put food on their table till the lockdown is lifted by the government.
We are not sure when that's going to happen, although in some countries the government has said they will be lifting some of the restrictions and allow people to go to work so that they can make money and take care of their needs. If there would be some payment process services which accepts bitcoins for loading ATM cards then at least we can see people are making use of their bitcoins at this lockdown times when they may not have regular income streams. Let's wait and see what future is going to unfold for all of us. Title: Re: How bitcoins is helping during the lockdown Post by: princesspoppy on April 30, 2020, 10:36:51 PM I know that the OP wants to help someone in need to have income using the best way he can and the safest thing he know during this quarantine. Well for me, bitcoin isn't really helping me right now. Doing signature campaigns requires more time before you receive tokens/coins that can be exchanged to bitcoin or to fiat money, if he can't wait for a long time, he can go for investing and trading but it requires capital and if he has less money on hand, he would not have that capital. Also, he has to have knowledge about the market and about trading in order to earn and make profits.
Title: Re: How bitcoins is helping during the lockdown Post by: Zionatin on May 02, 2020, 11:41:28 PM I don't know whether bitcoin is helping during the lockdown. I don't think so. There are other matters to attend to that involve fiat unfortunately. Has bitcoin got great potential during the lockdown? Absolutely yes!
Just the fact that is is digital and you don't need to be physically near anyone to pay them makes it a good choice. Pretty much anything digital has a great potential during lockdown. The fact that all you need is a phone and internet connection works well since most people have that and during the lockdown many people are on their phones or playing video games. Title: Re: How bitcoins is helping during the lockdown Post by: GDragon on May 03, 2020, 02:59:54 AM I don't know whether bitcoin is helping during the lockdown. I don't think so. There are other matters to attend to that involve fiat unfortunately. Has bitcoin got great potential during the lockdown? Absolutely yes! Just the fact that is is digital and you don't need to be physically near anyone to pay them makes it a good choice. Pretty much anything digital has a great potential during lockdown. The fact that all you need is a phone and internet connection works well since most people have that and during the lockdown many people are on their phones or playing video games. It may be helping us few people who are into bitcoin. However, I still can't say that it is the answer to this pandemic because a lot of people in the world are into fiat money. Stores are also into fiat. Don't get me wrong, bitcoin really helps me, but I can't really say to a person suffering now that bitcoin can help him, there is so much risk, so much time needed to learn about bitcoin to have less risk. They need to earn without the risk of losing the money which they needed. And, you forgot to tell that a lot of people doesn't have a phone and internet connection too, especially to us 3rd world country, and they are the most vulnerable ones in this pandemic. I can't tell them to try trading in bitcoin right away, they didn't even have the money to use anyway. Title: Re: How bitcoins is helping during the lockdown Post by: TrevorS on May 07, 2020, 03:54:27 PM Bitcoin is really a save haven and this pandemic has proved that. In has been the one I have been using in term of assistance since all banks are closed. We are in an era of financial freedom. Whether this is true or not, we can only see when we look back when all this disaster ends. At the moment, Bitcoin is showing positive changes and really looks like one of the most sustainable assets. But this is only at first glance. In the past, we saw how this stability fell before our eyes for several months. Therefore, it is impossible to say unequivocally that bitcoin now, for example, is better than gold, the price of which is also growing. Title: Re: How bitcoins is helping during the lockdown Post by: finaleshot2016 on May 07, 2020, 07:20:20 PM Bitcoin is really a save haven and this pandemic has proved that. In has been the one I have been using in term of assistance since all banks are closed. We are in an era of financial freedom. Whether this is true or not, we can only see when we look back when all this disaster ends. At the moment, Bitcoin is showing positive changes and really looks like one of the most sustainable assets. But this is only at first glance. In the past, we saw how this stability fell before our eyes for several months. Therefore, it is impossible to say unequivocally that bitcoin now, for example, is better than gold, the price of which is also growing. Actually, it is true that bitcoin is a safe haven during a pandemic, I managed to buy some essentials through bitcoin. Without it, It'll be hard for me to buy those essentials that will keep us safe and survive during a crisis, It's already proven by many people. I guess it's better to have a digital asset that can be used to transact online. Title: Re: How bitcoins is helping during the lockdown Post by: yohananaomi on May 08, 2020, 02:03:01 AM Bitcoin is really a save haven and this pandemic has proved that. In has been the one I have been using in term of assistance since all banks are closed. We are in an era of financial freedom. Whether this is true or not, we can only see when we look back when all this disaster ends. At the moment, Bitcoin is showing positive changes and really looks like one of the most sustainable assets. But this is only at first glance. In the past, we saw how this stability fell before our eyes for several months. Therefore, it is impossible to say unequivocally that bitcoin now, for example, is better than gold, the price of which is also growing. maybe many perceptions can be awakened by the situation like now, because we do not know in the future what it looks like and whether it can pass quickly. I agree that bitcoin is one of the transactions that is most likely not directly affected by the pandemic. but those directly related to economic life and the necessities of life are not directly disturbed in my country. because there are facilities that are given so that many people are not even affected. but it is clear that banking has decreased transactions because many people are not working anymore. bitcoin is currently experiencing a good increase and does this indicate an improvement? difficult to determine because the pandemic is still ongoing and other possibilities could occur in the future. Title: Re: How bitcoins is helping during the lockdown Post by: kayvie on May 08, 2020, 04:04:56 AM No jobs , no schools , no small businesses , 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 🔥 Title: Re: How bitcoins is helping during the lockdown Post by: Debonaire217 on May 08, 2020, 05:27:01 AM Actually, it is true that bitcoin is a safe haven during a pandemic, I managed to buy some essentials through bitcoin. Without it, It'll be hard for me to buy those essentials that will keep us safe and survive during a crisis, It's already proven by many people. I guess it's better to have a digital asset that can be used to transact online. It depends actually on how we perceived the meaning of safe haven for assets. Because in comparison to Gold, Bitcoin declined due to the pandemic crisis and Gold stays at the same price. With this, bitcoin being considered as a safe haven for me as an asset is not valid. Going back to OP, regardless of bitcoin being safe haven or not, bitcoin really helped allot during this crisis, more and more transactions are being transferred through means of cryptocurrency and bitcoin, that is because, allot of remittance centers aren't available, it also serves as a way of donation to help COVID patients and frontliners aside from personal necessities we need to have. Title: Re: How bitcoins is helping during the lockdown Post by: milani on May 08, 2020, 07:49:59 AM This pandemic situation had not good impact on our lives. Lots of people because of the lockdown had to stay at home, sometimes even being jobless. As for me the crypto and BTC itself helped me not to concentrate on different negative things that were because of the quaranten and even to earn a little. Crypto is good choice nowadays. But of course it is too risky to do something here without any knowledge))) so everyone who has just started should learn a lot about crypto first.
Title: Re: How bitcoins is helping during the lockdown Post by: Savemore on May 08, 2020, 10:14:05 AM Actually, it is true that bitcoin is a safe haven during a pandemic, I managed to buy some essentials through bitcoin. Without it, It'll be hard for me to buy those essentials that will keep us safe and survive during a crisis, It's already proven by many people. I guess it's better to have a digital asset that can be used to transact online. It depends actually on how we perceived the meaning of safe haven for assets. Because in comparison to Gold, Bitcoin declined due to the pandemic crisis and Gold stays at the same price. With this, bitcoin being considered as a safe haven for me as an asset is not valid. Going back to OP, regardless of bitcoin being safe haven or not, bitcoin really helped allot during this crisis, more and more transactions are being transferred through means of cryptocurrency and bitcoin, that is because, allot of remittance centers aren't available, it also serves as a way of donation to help COVID patients and frontliners aside from personal necessities we need to have. Title: Re: How bitcoins is helping during the lockdown Post by: Gotumoot on May 08, 2020, 11:50:19 AM 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. Title: Re: How bitcoins is helping during the lockdown Post by: chaintee8989 on May 08, 2020, 12:31:21 PM 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. Title: Re: How bitcoins is helping during the lockdown Post by: lumeire on May 08, 2020, 02:19:15 PM 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. 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.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. Title: Re: How bitcoins is helping during the lockdown Post by: Maestro75 on May 08, 2020, 02:59:28 PM 1. I am reluctant of taking the currency notes because it is a possible medium of spread , Bitcoin helps me sending to whoever accepts 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.2. My brother isn't able to come personally to take money. I am using ETH and also digital payment to send money. Title: Re: How bitcoins is helping during the lockdown Post by: carlisle1 on May 08, 2020, 04:32:05 PM 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.Title: Re: How bitcoins is helping during the lockdown Post by: MFahad on May 08, 2020, 04:57:36 PM 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. Title: Re: How bitcoins is helping during the lockdown Post by: tanjiran on May 08, 2020, 10:55:35 PM 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. Title: Re: How bitcoins is helping during the lockdown Post by: jhonjhon on May 08, 2020, 10:56:30 PM 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 Title: Re: How bitcoins is helping during the lockdown Post by: Gozie51 on May 08, 2020, 11:21:11 PM 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. Title: Re: How bitcoins is helping during the lockdown Post by: FlightyPouch on May 08, 2020, 11:32:13 PM 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. 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. Title: Re: How bitcoins is helping during the lockdown Post by: noormcs5 on May 09, 2020, 05:25:24 AM 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$. :( Title: Re: How bitcoins is helping during the lockdown Post by: FlightyPouch on May 09, 2020, 02:15:05 PM 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. 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. Title: Re: How bitcoins is helping during the lockdown Post by: Natsuu on May 10, 2020, 02:45:00 AM 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. Title: Re: How bitcoins is helping during the lockdown Post by: ballerin and giroud on May 10, 2020, 04:38:56 AM 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$. :( Title: Re: How bitcoins is helping during the lockdown Post by: noormcs5 on May 10, 2020, 04:57:03 AM 1. I am reluctant of taking the currency notes because it is a possible medium of spread , Bitcoin helps me sending to whoever accepts 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.2. My brother isn't able to come personally to take money. I am using ETH and also digital payment to send money. 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. Title: Re: How bitcoins is helping during the lockdown Post by: Reatim on May 10, 2020, 06:31:30 AM 1. I am reluctant of taking the currency notes because it is a possible medium of spread , Bitcoin helps me sending to whoever accepts 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.2. My brother isn't able to come personally to take money. I am using ETH and also digital payment to send money. 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. 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 Title: Re: How bitcoins is helping during the lockdown Post by: ttcsalam on May 10, 2020, 08:50:04 AM 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.
Title: Re: How bitcoins is helping during the lockdown Post by: chunnu39 on May 10, 2020, 10:03:58 AM 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.
Title: Re: How bitcoins is helping during the lockdown Post by: rosepetals on May 10, 2020, 02:42:32 PM Well I do think everyone is fimilar with the situation that every country is in right now . 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.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. Title: Re: How bitcoins is helping during the lockdown Post by: seandiumx20 on May 10, 2020, 08:50:18 PM 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.Title: Re: How bitcoins is helping during the lockdown Post by: xiboothrezi on May 10, 2020, 11:18:42 PM -- With a note that the person has crypto assets or is involved in crypto-related work. I am truly thankful that I still get money from crypto, where many people have difficulty getting money when their only source of income stops. We are all having difficulties, don't forget to help and donate according to their respective abilities.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 🔥 -- Well, signature campaigns with BTC rewards really help. Moreover, the weekly payment rewards, it's just that it requires more effort because it is so rare and there are so many, fierce competition. Moreover, bounty alt is still filled with drama, very rarely pay according to the agenda set. Title: Re: How bitcoins is helping during the lockdown Post by: Japinat on May 11, 2020, 08:13:53 AM You emphasized that bitcoins help you because in general, you earn from it. Some people do earn bitcoin or crypto, but not everyone earns so it cannot be useful in general. You are right. ;DWhat makes helpful to use nowadays is the applications that supports digital currencies. Within reach, you can pay bills and buy necessities online. It is one of its essence for its existence. True, that application as an online payment system is more necessary because in the first place, bitcoin's existence was become of the purpose to serve people using a decentralized system, it's quite opposite to the system that we get used to, and at this time, we were able to prove how useful bitcoin is for transferring money in different part of the world and it can be done anytime. Title: Re: How bitcoins is helping during the lockdown Post by: bearexin on May 11, 2020, 03:00:12 PM If you're going to be recommending that someone who is broke and crying that he lost his job should invest money in Bitcoin, then you should as well give them the money to do so lol. That person is not in the position to start any investment , he does not have a job any longer, and he's broke and plus the Coronavirus outbreak that caused a lockdown; even now that the government is starting to ease the lockdown, people that were affected will still be affected.
Even when the situation is good, it's difficult to get a job, not to talk of now that all these things have happened, it will be more than difficult to get a job, because companies are looking for a way to reduce their staff. Title: Re: How bitcoins is helping during the lockdown Post by: Vannie12 on May 12, 2020, 07:18:32 AM You emphasized that bitcoins help you because in general, you earn from it. Some people do earn bitcoin or crypto, but not everyone earns so it cannot be useful in general. You are right. ;DWhat makes helpful to use nowadays is the applications that supports digital currencies. Within reach, you can pay bills and buy necessities online. It is one of its essence for its existence. True, that application as an online payment system is more necessary because in the first place, bitcoin's existence was become of the purpose to serve people using a decentralized system, it's quite opposite to the system that we get used to, and at this time, we were able to prove how useful bitcoin is for transferring money in different part of the world and it can be done anytime. Yep, and I guess not all are lucky to know about digital currencies. How about does who are really in need by this time. Only those who are capable to access the web can get an alternative income. Title: Re: How bitcoins is helping during the lockdown Post by: Shiftal on May 12, 2020, 10:03:22 AM 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 <•> __________________________________________________________ Hello Fiulpro, Indeed a nice step you took to help that man. I agree with you, this lockdown think impacts drastically in everyone’s life. Millions of people are uncertain about their job, monthly salary, daily expenses, cash savings, and a lot more. Although the situation of every family is different, the main issue is the same; concern about finance. Coronavirus has drastically affected the world’s economy. Even the crypto industry could not escape from the outbreak. But, fortunately, the market has started recovering and at the time of writing, the price of the BTC is $8,600 and it is expected that it will rise because of the Bitcoin Halving. So, if you want to improve your financial condition, investing in any bitcoin trading platform is the best bet for you. If you are genuinely willing to invest in the crypto sphere, find an exchange that is secure, user-friendly, and integrate with the advanced features such as 2 Factor authentication, secure wallet, escrow secured, 50+ payments modes, fast transactions, low trading fees and more. I am also using some of the trading exchanges to gain huge capital such as Binance and Shiftal (new trading platform with astounding features). Use the best trading platform to face this dreadful situation like a pro. Happy trading! Feel free to share how bitcoins is helping you during the lockdown. Title: Re: How bitcoins is helping during the lockdown Post by: BD Money365 on May 12, 2020, 11:41:49 AM I think there are many people out there who are bored by lockdown, I know, everyone has a different job and economic situation. I investigate this simple, not automatically with bitcoin for the reason that this is not a straightforward affair that know how to be scholarly quickly, we must set up savings and tragedy income to distribute with unexpected life-threatening state of affairs like this. As a good deal as likely additionally divide up with others in need, a lot of gentle organizations that augment funds, we tin avoid drawn if a little.
Title: Re: How bitcoins is helping during the lockdown Post by: xSkylarx on May 13, 2020, 12:19:46 AM Using the online payment method can reduce the risk of getting in contact with the virus since banknotes are roaming around and passed on by different people. For those who are knowledgeable in crypto and those who are earning in crypto were able to survive the pandemic since they have other sources of income. Cryptocurrency really helped a lot of people during the pandemic and not to mention the convenience of sending your money easily.
Title: Re: How bitcoins is helping during the lockdown Post by: AnnaLar on May 13, 2020, 06:31:36 AM The COVID-19 outbreak has wreaked havoc across the global economy. With stocks swooning and job losses mounting, it?s a difficult time for traders and investors in any asset class. The crypto market hasn?t been immune to these dynamics as cryptocurrency prices fall and crypto projects struggle to raise capital.
Let?s take a look at how the crisis is affecting crypto markets and what it means for your portfolio. https://zenledger.io/blog/how-is-covid-19-going-to-affect-crypto-markets/?utm_source=forums&utm_medium=social&utm_campaign=organic_articlesshare_13.05 Title: Re: How bitcoins is helping during the lockdown Post by: TheCoinRepublic1 on May 13, 2020, 06:42:30 AM During the situation of Pandemic Covid-19, many digital currencies have battled hard to sustain their positions in the revolutionizing economy. Riot Blockchain company has played an important part in combatting the coronavirus and took various initiatives in the development of the economy likewise. But the latest Bitcoin Halving event 2020 was a promising one and mega investors took a lot of hopes on the latest halving event. Even Tom Lee's latest BTC price predictions that the value will reach by $25000 has been a surprising one and comes with lots of promising hopes that future forecasts might revolutionize BTC position in the market.
Title: Re: How bitcoins is helping during the lockdown Post by: Debonaire217 on May 14, 2020, 03:30:09 AM Bitcoin could be a real investment for these kind of panademic we have seen the stock market was carshed and that time bitcoin also crashed but the bitcoin recovered in amazingly so people should understand about bitcoin more Then it should not be applicable to all types of investors. Mostly, people doesn't have too much time to look and be aware of their investment that's why they prefer the long term investment like stocks, but based on the performance of bitcoin lately, it is too volatile that people couldn't exactly predict where the market goes, in just a night, they might lose too much and that's how fast bitcoin changes its price. What that means for me is that, if we think about bitcoin being a safe haven, we should adhere to its standards and characteristics. We should spend more time upon looking in the market trends and to spend more time studying it. Title: Re: How bitcoins is helping during the lockdown Post by: Skieleton on May 14, 2020, 07:28:49 PM 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. Bitcoin has been my additional source of income for years and now it is confirmed that it was a good move. You are right, the market situation is difficult. They cut my full time halfway. Thanks to BTC I can still maintain the same standard of living! :) Title: Re: How bitcoins is helping during the lockdown Post by: TheGreatPython on May 15, 2020, 08:08:07 AM If you're going to be talking about transactions, then you will be wrong because there are lots of other payment methods that are being used at this time more than people are using cryptocurrency. Just like PayPal and Cash App, and I don't think you can say that cryptocurrency is being used more than those. So I am not really counting transactions as part of it, because that's the least.
There are other ways that not really cryptocurrency, but the community has been able to contribute and help in this time of Coronavirus pandemic. You can take for example: when miners started supporting in the search for the cure of covid-19 and how few gambling houses already started helping with some percentage of house-edge to needy people in lockdown. Title: Re: How bitcoins is helping during the lockdown Post by: giammangiato on May 15, 2020, 06:47:06 PM 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. Bitcoin has been my additional source of income for years and now it is confirmed that it was a good move. You are right, the market situation is difficult. They cut my full time halfway. Thanks to BTC I can still maintain the same standard of living! :) I also had bitcoins as an additional source of income, but nobody uses bitcoins for what was born, to be spent. I have some crypto cards that I also use at the bar to pay for coffee and I have never had any problems. Title: Re: How bitcoins is helping during the lockdown Post by: Raflesia on May 15, 2020, 06:58:13 PM ~~~ Bitcoin has been my additional source of income for years and now it is confirmed that it was a good move. You are right, the market situation is difficult. They cut my full time halfway. Thanks to BTC I can still maintain the same standard of living! :) I also had bitcoins as an additional source of income, but nobody uses bitcoins for what was born, to be spent. I have some crypto cards that I also use at the bar to pay for coffee and I have never had any problems. I have enough bitcoin for the future because that is my hope when bitcoin is soaring high, for crypto cards in my area it cannot be used to buy anything except to exchange it for locale money. |