Bitcoin Forum

With the recent launch of the Covid 19 vaccines, will it affect bitcoin, I assume that the Covid 19 vaccine will make the economy stabilize again, will this also affect bitcoin?  will bitcoin weaken or vice versa?

We are currently in a bull market and I think it has a little or maybe no impact at all. Institutions investing in crypto and using it as a hedge fund is what drives the bull-market currently. The effect of having the vaccine to the economy as a whole might not show a great impact as a whole since there are still some countries who are seeking vaccines to aid the pandemic and are still recovering from the demise it has brought. Even the last pandemic only affect the market for a while, it recovered as soon the lock down period started to ease up.

yes, I agree with you by assuming that this pandemic has no effect on market prices, in this pandemic, bitcoin is actually bullish, this proves that the pandemic has no impact on bitcoin. During the pandemic, activity restrictions have been implemented, is this the moment investors use  to invest in bitcoin so that bitcoin is bullish?

I don't think there's an impact at all because it's already resisted even vaccines aren't available yet.

It already proves in the mid-year of 2020 that it doesn't affect the bitcoin.

The price value of bitcoin keeps resisting and look what happened now, a new bitcoin ATH has been recorded in the history of cryptocurrency.

If the world economy are going to be stable because of the covid-19 vaccine, then I would say it will still have positive impact not just on crypto, but the rest of traditional financial markets. Maybe the confidence of investors will be very high and more likely to invest on everything that will give them more money like crypto markets.

So every good news about the pandemic will be beneficial. It may even push the price to like $80k to $100k before the end of this year. So let's remain optimistic this year.

Covid 19 or Covid vaccines have no or only less impact to Bitcoin, because the world still same like before... new normal using mask and go to work even though still pandemic.

If you think Covid 19 make people doesn't have money to invest in Bitcoin (economy crashes), why Bitcoin in bullish right now?

So if the economy is stabilize again, then there's no difference when economy in crashes affect to Bitcoin.

I don't think that the covid -19 vaccine is going to have any negative impact on the growth of bitcoin. Bitcoin is growing because its demand is increasing in the market and the covid 19 vaccines is not going to decrease its demand. As people are starting to understand the value of bitcoin, it's demand is only going to increase.

when the pandemic occurred there was no effect on bitcoin, this clearly shows that bitcoin can move in any situation because bitcoin has its own system and is not affected by any circumstances.
So I can conclude that if the vaccine has been given to the public, what we hope is is to live again in normal circumstances and of course the economy can also move, but bitcoin will be the same and not affect or may be affected.

Vaccines, Bitcoin, your economy must be able to separate between these three elements, they have their own goals, just like covid-19, which is happening now, the proof is Bitcoin rocketed past ATH, you see that.

Vaccines have no major effect on Bitcoin and the economy, Bitcoin is very influential on buying and selling, those of you at home can still make transactions against Bitcoin.
Bottom line: a vaccine for human immunity while Bitcoin is a crypto asset that can be bought and traded anywhere, as long as you are listed on a trading exchange.

Back in March 2019 when COVID-19 became a pandemic triggered
countries to implement lockdowns to curb the spread this meant that
various economies suffered which led central banks to inject liquidity
back into the markets, emergency monetary policies, printing more money.

This has had and will continue to have an effect on the value of FIAT
currencies which means Bitcoin is looking like more of a sound investment
rather than FIAT currencies.

A COVID-19 Vaccine and the slowing down and control of the Virus will
only have a mild effect on economies as they start to get back to normal.
Business can start rebuilding, employment can rise again and the emergency
economic policies on FIAT currencies will stop eventually but the damage is
already done.

Bitcoin will still be supported by us the crypto community and also by
the same investors who are backing Bitcoin now because as I said the
damage is done by printing more and more FIAT.

I believe there would be not a direct relation between COVID19 plus vaccine and the bitcoins status. These two were of different categories so there would be a low to none chance that this covid would affect the value of bitcoin unless they made those vaccine to be sellable through bitcoins and would do large scale transaction which can affect bitcoin prices for a sudden.

I don't think the launch of the covid 19 vaccines has affected the current value of bitcoin. Although influential, only slightly. In my opinion, the current increase in the price of bitcoin is due to a large number of investors and large companies adopting bitcoin and investing in bitcoin to protect their wealth and their fear of inflation in fiat money. So, I think the covid vaccine does not affect.

The vaccine was created nearly half a year ago and we have been seeing price of btc go up from that time so it is clear that COVID vaccine isn’t really impacting the market a lot.
Even of the economy stabalizes, the price of btc depends on how much money is being invested in it by big corporations.
If the vaccine could just create a legitimate immunity , I think that would just icing on the cake

for starters 2020 proved that bitcoin is not affected by the pandemic that has been devastating other markets. apart from the initial panic sell in bitcoin market we never saw anything more and instead bitcoin reversed and started going up then shooting up where it went from $3,200 all the way up to $42,000.

anything changing about COVID19 including the vaccination is not going to have any major effects on bitcoin. bitcoin will continue to rise on it s own plan towards the $400k levels.

we also have to first see the effectiveness of these vaccines that keep coming out and see if they actually work on immunizing people against COVID19 and also its variations that are mutating these days. then we can talk about whether the economy is going to stabilize or not. because if they fail we can expect another massive dump in stock market.

The wavelet coherence analysis indicates that there is a negative relationship between Bitcoin value and number of reported cases and deaths; however, the relationship becomes positive during the later period. Wavelet coherence analysis results show that there is a causal relationship between COVID-19 and cryptocurrency prices. The findings for Ethereum and Ripple are also similar but with weaker interactions. This shows the hedging role of cryptocurrencies against the uncertainty raised by COVID-19. At the beginning, cryptocurrencies behave like the traditional assets, but they start to become a hedge as the effect of COVID-19 deepens.

It is hard to say what will happen with certainty. BTC in fact hasn't been much affected by this economic crisis this can be said just from looking at the markets.

Though, with more vaccines rolling out, there is a chance that more money will be poured into the crypto market as the economy and GDP improves, but there needs to be a significant amount for it to sway the market.

The assumption is wrong. Covid-19 vaccine isn't gonna stabilize the economy. Maybe in some part of the world people believe on the vaccine. In my country people are afraid of the vaccination, because things aren't transparent. Everyday there is death after vaccination, government just broadcast the vaccination number and hides the death count. Upon this the demand for vaccine is greatly affected. This way economy won't move good due to the vaccine.

Since the beginning of Covid-19 that has been no impact on crypto market there were numerous predictions that the market will collapse as covid led to economic hardship in most regions and many businesses got shut down but for Bitcoin and crypto were not affected by it instead bitcoin is going through bullrun during covid and thus release of covid vaccines will not make any impact on Bitcoin as these both things are different streams which is not correlated.

If the Covid 19 vaccine enables to stabilize the economy I believe it will affect Bitcoin in a positive way.  Imagine, people, getting jobs at the height of Bitcoin hype?  This means people will have funds to jump into the Bitcoin market, possibly it may bring enough demand to even bolster the Bitcoin market.

Try to look back when covid problem arises back in next year, did it really affect bitcoin? We havent seen that this event had correlated about on where bitcoin price should go.
Instead it do really rise up its price amidst of the pandemic situation where economy of most countries are really in trouble.It hadnt been affected on the situation where we do faces
so its safe to say that it isnt really that much affected neither we are on positive or negative situation of things and thats how the market is unpredictable.
There's no point on comparing or connecting the dots if its actually relying on it upon.

Paradoxically, as the world is recovering from the effects of COVID-19 through the help of these vaccines, we are seeing a dump on bitcoin's pricing. Though this can easily be dodged by simply claiming that it is but a baseless correlation, it still puzzles me. Although I could understand that this is because of people trying to return to their normal lives and with that comes the cashing out of coins.

The mass vaccination will start after at least four to six months. EU set the vaccination targets for Sept'21.

Before that, I don't expect any impact on the economy or the crypto industry. It seems that we will spend another summer in staycation and trading, instead of traveling the world :|

The vaccine news have been priced in for a really long time already, when Pfizer originally announced their vaccine, the stock market reacted positively to it, while Bitcoin wasn't strongly affected, because it already decoupled from traditional markets. Right now there could be some correlation with macroeconomic events, especially coming from the US - for example, the recent correction coincided with strengthening of the US dollar. And fears of inflation have powered this rally to some extent.

Not entirely  true, the Corona  pandemic  has had a little impact on the crypto  economy. Since last year, when  almost  the whole  world was under  lockdown,  the crypto  maket was  still functioning well without  any difficulties. I can easily forecast  that the situation  would be the same when the vaccine  becomes  readily  available.

After the long debate about BTC vs Fiat then BTC vs Gold now we have BTC vs Covid19,
What would be the next competition of BTC I hope it wouldn't be food.
But aren't we suppose to be happy about the vaccine and if the global economic gets better because of it?
If it would affect crypto negatively but give out a possitive effect on global economics and save us from this pandemic then I think it is better that way rather than having a good price in crypto while the world continue to suffer.

In my opinion there is no effect at all, let's see the current situation is still hit by Covid 19 but bitcoin is actually rising rapidly, so in my opinion there is no difference when there is Covid and nothing affects bitcoin.

In my opinion,during the Corona period, there was no effect on Bitcoin.Because bitcoin was traded very well at that time.Bitcoin is a virtual currency that's why i think bitcoin given more safety on corona period.Even now the price of Bitcoin is in a very good position so, I don't think Bitcoin has had any effect because of Corona.

I don't think that the bitcoin will have an effect on bitcoin and also I assume that there's no positive nor negative effect on bitcoin because even the covid19 vaccines will establish still no effect on the market, maybe there will be an effect on some financial market but on the crypto? I don't think so that there would be. I don't think that there will be difference on the market when the covid19 hit us or not.

Affect or not, the vaccines give new hope to people, especially to people who get infected by the virus, and they will think that they can be saved if they get injected from the vaccines. But as we see now, bitcoin price is down, even if the vaccines are already distributed to many countries, but I am sure that bitcoin will have it's the moment to increase. And whether there are people who get infected or not, bitcoin price will increase and make a new ATH in the future. But now, all government trying to solve the Covid-19 using the vaccines, and we hope that the pandemic can end soon.

the covid-19 vaccine has no effect on bitcoin when the pandemic is increasing, the price of bitcoin is getting better, proving that covid-19 has no effect with bitcoin.

I don't think that covid-19 has much impact on Bitcoin, so even after the introduction of the new crown vaccine, Bitcoin's rise or fall has nothing to do with the epidemic.

are you comparing the covid vaccine or the covid virus ? but this is something that is new because i usually see a never ending comparison between btc vs gold .

theres only an issue that i dont like because you are comparing two different things but to answer if it affects btc i dont think it will but we are going to feel the same because with the recent reports regarding covid vaccine that is said it was deadly , people arent going to take this seriously .

It may affect Bitcoin. It is sure that people may want to invest in other financial assets that will flourish after COVID-19. It is inevitable I think. Also if you noticed, yesterday when bitcoin was dipping, other financial indexes were breaking their all-time highs. As you see just during the day people may move to other assets. The price of Bitcoin only depends on the true holders of it. If some new companies add Bitcoin to their portfolio then we can expect that bitcoin stay above $30k and stabilize around that, and when there is a suitable moment it can go bullish again.

Weaken Bitcoin? That's not going to happen, Covid-19 vaccines is very good as it will bring a good turnaround in the lives of people while transforming economies as well, and with more better economy, people will have better jobs thus having a spare to invest in Bitcoin, in the long run making Bitcoin more valuable. Remember, during the height of Covid-19 last year, it was seen that with people lossing their jobs, staying at home etc, they tend to look for other ways to invest and the crypto space came handy, so instead of staying at home doing nothing, they learnt, therefore with the knowledge gotten, with Covid-19 vaccines out and the economy going back, people will continue with they have learnt and invest in crypto with even better funds as the case may be. Lastly, remember that it was in year where Covid-19 disrupted many country's economy that Bitcoin price rose massively, hence I do not think the emergence of the vaccine will weaken Bitcoin.

I cannot understand why a stable economy will weaken BTCitcoin, the rally we are witnessing might be because of multiple reasons and even if we has to assume that the vaccines can stabilize the economy in the present situation what you need to understand is that it will take a much longer time to recover from the abyss as the entire country was forced to lock down around the globe and many businesses cease to exist and many fail to recover from the loss and these ripples will affect the overall market situation.

In short the recovery is a long shot and it will take a long time to recover and the rally in BTCitcoin is mainly because of institutional investors who are trying to take advantage of the market situation and you should expect them to book their profits and if that happens we will see a major correction.

now is a good momentum for bitcoin and crypto to enter the world space because it is still in a pademic state and "at home". If the vaccine is successful and the world returns to normal and the economy returns to normal, it won't make bitcoin fall but I think it will start to be forgotten as people get busy in the real world and of course there are new things. unless bitcoin and crypto make new breakthroughs that will continue to be used by people, vaccines and the new world will have no effect on crypto and bitcoin, it will only increase in terms of use.

The covid vaccine has a little impact on the price of the bitcoin, if the vaccine will really be useful then we will get back to the normal, and many people will back on being busy in real life but I don't think that it will happen right away because some so many people don't want to get injected by that kind of virus because of thinking that it ha other effects on other people even though some government keeps on saying that they will vanish all those people who don't want to get injected by the vaccine.

I honestly don't think it gave out a negative impact, it's a cryptocurrency after all and because of Bitcoin being accessed virtually is a strong factor that COVID cannot touch Bitcoin and the activities, as a matter of fact, the ATH of Bitcoin reached $40k during the pandemic, which means if the vaccine becomes possible, more activities and more opportunities for people to start investing and make a move, which only means that Bitcoin could possible become stronger, although the price may seem to have a drop, I am positive that the next run is near.

TBH, Bitcoin has been used by some of the investors as a hedge tool in order for them to protect their money thus making the price of Bitcoin go up at the middle of the pandemic.

Will it affect the price of Bitcoin?? Probably especially if the economy will go back to normal (new normal) already with the help of those vaccines which are being created as of this moment. Probably that there are some investors who will sell some of their holdings in order for them to buy something and some will just hold it and accumulate more.

During this pandemic all human activities have been limited so that the sluggish economy with the launch of this vaccine will make humans have excellent immunity, this will make the door to activity restrictions reopen and return to normal life as usual so that the economy will return to normal  and this will have a positive impact on bitcoin, I think that's what will happen.

I think we should be able to analyze whether there is Covid or not, bitcoin still contains a bullish market. it's just that what makes the difference is the high adoption rate during a pandemic. so there is a kind of divider where bitcoin will continue to be popular without the emergence of covid. because the digital era will certainly still lead to bitcoin. and one more thing after the pandemic ended, bitcoin has been the savior during the pandemic.

with the existence of mass vaccinations around the world, it looks like it will make the economy slowly recover, and when the economy recovers it looks like the crypto market can also come back better and better than now. It's only a matter of time, and waiting for the best moment for pump crypto to take place in the near future

There is a lot of uncertainty in how things will pan out and BTC is no exception. since the coronavirus outbreak, the correlation between Bitcoin and the equities market has increased

Well, it depends on the efficacy of the vaccine, if it is effective enough to control the disease then this will definitely impact the global economy positively and will affect the bitcoin market.
Now many institutions are also involved in bitcoin and it will positively reinforce the crypto market and you will see a boom in the market in a year or two. So brace yourself and buy some bitcoin if you have savings. 

Yes it will, but it will just for a while. The vaccine issue has been discussed since last year, and indeed the impact was felt especially for some investment places. However, until now does not have a significant impact, you can imagine if everyone thought that a vaccine could change the economy well, then last year the world economy should start to slowly improve.

Moreover, we are hearing now about a new virus derived from Covid which will certainly have a bad impact on everyone's psychology, especially an investor. I am sure they will be comfortable with keeping all their money in the investment place they choose, so that there will likely not be a drastic drop in prices for each investment place especially bitcoin.

I think it could make the market have a higher interest from the people as more will be recovering from their situation and cashless society will surely attract them, seeing how bitcoin performed even with the covid, you will see how its still growing and not getting affected with it

the title of the thread should not be "vs" because both btc and vaccine are not in the competition but they are helping each other  .
when there is covid , we have btc to do cashless transactions and help us earn but now its the covids vaccines turn to help fight the covid virus and if all cleard this will also help btc  price do more
but what im afraid of is that btc may also not do more because people will also go back by using offline currencies

There's another school of thought, bitcoin only profited because the whole economy was in an unstable state and investors where looking for alternative source of income which bitcoin has to be the best or only option available which is why it was receiving the level of attention it was getting. Let imagine a 2020 without Covid19, there's every possible the market won't have growned this much.

That bitcoin was successful in the pandemic doesn't automatically means it'll do well in a stable economy per se. Investors will go back to their traditional means of investing that's more safe to them. Precious metals, stocks, bond and the forex market will start booming again.

This will then have a short term negative effects on the market, although on a long term scales the market is always bullish and none of the short term fuds should distract you from investing for the future.

Covid 19 is probably the main reason for Bitcoin's latest bull run, as governments have been printing money to counter faltering economies, and therefore creating the fear of inflation.

Print twice as much money, a can of coke will simply cost twice as much (excuse my over-simple example).

It's probably more reliable to look at economic figures such as GDP, budget deficits and also employment to figure out how much fiscal easing governments could introduce, thereby devaluing currency and boosting bitcoin.

Essentially, this process is going to go way beyond the vaccine, so sit back with some popcorn, coz this is going to be a whole boxset, not just a single episode  :D

Unfortunately with the recent vaccine launch it still doesn't change anything I think, because even the number of Covid19 cases is still increasing and with that, it doesn't look like there will be any major changes happening in the near future. But apart from vaccines, the price of bitcoin is actually continuing to decrease every day and I don't think that has anything to do with the vaccine because even the price can still go up and down significantly during a pandemic.

The COVID19 vaccine creation will help the price of the Bitcoin market but it will be a positive impact cause some investors who idle will resume back to work.

The COVID19 vaccine won't help in making the economy stable but it will help to build an increase in the real world trading, investors confidence, and other social activities.

I think that the amount of stimulus governments have had to inject in their respective economies has weakened the confidence in currencies and crypto offers an alternative store of value. I don't think the problem will be fixed as quickly as vaccinating the public. Plus adoption trends for crypto seems to be picking up steam.  Adelaide Capital is hosting a conference on Feb 3rd and will have experts on talking about this topic. Its free for all interested crypto investors. Follow Adelaide Capital on twitter or IG to RSVP.

I think so. Covid-19 is no big deal in crypto world. Anyway, hopefully the virus will be gone as soon as possible

One thing that many people don’t understand is that Bitcoin is not a tool for making money. Its biggest role is to store value. As long as its performance does not change, other things will not affect him much.

maybe. the pandemic affected economy, leading to inflation. then someone would invest in btc for value storage.

.SARS-CoV-2 is not a hacker and will not have much impact on Bitcoin. On the contrary, governments will continue to increase the monitoring of encrypted digital cash, which may affect the price of Bitcoin。We are currently in a bull market and I think it has a little or maybe no impact at all

It mainly depends on how much dollars the Biden administration will issue, and it has little to do with the covid-19 vaccine.

yep! when economy recovers, more money will be put in cypto world.

when the virus is removed. inflation will be lessened. but at the same time, people may gather together to talk about these coins and then more interested in them..who knows?

When pandemic is over I think there will be more investments into Bitcoin but despite pandemic investments are still there. Covid-19 vaccines I think are still under observation because of the new strain mutation. Even when there is pandemic Bitcoin will still be good due to the fact that it reduces physical transactions.

Covid 19 is a pandemic and it is bad for the world, from enonomic to social aspects. However, it is not correct if you say the pandemic, its beginning or ending will affect bitcoin. What do affect bitcoin is massive QEs over the world. Quantiative Easings from many governments only demonstrate how the central-bank-based economies are broken. They only look good when governments successfully hide the fact of their rotten economies.

The pandemic force them to do more and huge QEs, that make investors lost their faith in fiat and traditional economies. Gold and bitcoin are their favorite alternatives and bitcoin outperform gold.

Vaccines, end of the pandemic won't change it. You can see many governments are discussing and planning for more QEs even vaccines are there and in process of distributions.

I think bitcoin will fall after the end of the corona virus, because a lot of people are now looking at bitcoin as a safe haven for their own money
and if a vaccine is made, a lot of people will be out of the market.

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Didn't this epidemic affect the price of bitcoin? I disagree with you and we all know that bitcoin was affected by the virus and after a few weeks of being affected by this virus, it was able to start its price jump, and this in my opinion Impact on bitcoin, right?

[moderator's note: consecutive posts merged]

In my opinion, this is an interesting moment because even the COVID-19 outbreak and the global economic recession continue to drive up the price of bitcoin. Bitcoin has proven to be a safe haven asset. At the start of the corona pandemic up to this year, prices actually went up. On the other hand, other investment products cannot stand being exposed to COVID-19. Blockchain can play an important role in accelerating post-crisis digital transformation initiatives and solving problems highlighted in today's systems.

Way back march 2020 when the price of bitcoin goes down too fast when the pandemic has started spreading all around the world, a lot of investors sold their bitcoin because of some reason but then the price recovered again as the post halving happens and some countries have bought a huge amount of bitcoin and that happened during the pandemic. Bitcoin has already built the trust of many people so I don't think that it will change once the vaccine has been distributed in many countries.

I will be wrong to say that the other investment assets performed poorly. Stock market has gone up when compared to the pre-pandemic levels. And at least in my area, the real estate market has gone up as well. So you can't say that apart from cryptocurrency, the other sectors are down. Stimulus and inflation is leaving people with surplus cash and actually pushing the commodity prices upwards. That may be one of the reasons.

What is clear, we must be grateful that a vaccine has been found, I really hope we can return to our "normal" activities. Imho, the existence of this pandemic has no direct effect on the bitcoin market, what is more influential are the policies of influential countries such as the US in relation to banks and cryptocurrencies.
Today, many people are aware that bitcoin is one of the most profitable investment tools, which is why its demand is increasing rapidly. In addition, many well-known companies such as Paypal are starting to add cryptocurrency to their ecosystem, making this even more popular.

Even after having the vaccines released to public and regardless on how many variation of it were produced, the continuous increase of the cases all over the world is still evident which was caused by the new variants of the virus showing up all of a sudden. The value of bitcoin became bullish during the pandemic but that doesn't necessarily mean that it was that caused it. There are a lot of factors that affected the sudden bull run of bitcoin, it can be because of being recognized more all over the world or maybe because of the huge company like Tesla choosing it. Maybe it will have an effect on bitcoin if ever the pandemic cease to exist but I don't think it would be that much.

I think this will not have a big impact or even have no effect at all between the covide vaccine with bitcoin.
because I am not at all sure that the existence of a vaccine will make the economy stabilize again, it could even worsen because there are irresponsible people who misuse vaccines to become the object of buying and selling.
and also in fact, if you look at it now, bitcoin is actually not too affected by the pandemic because for this month the pandemic is still running and the price of bitcoin is getting even crazier. this is just my opinion please rebut if something goes wrong

Covid-19?Covid 19 vaccine will it affect bitcoin?  Not! I think  It's not possible. Coz Covid 19 Vaccine is one thing and Bitcoin is another. I think Both are not connecting between Covid 19 vaccine and Bitcoin. So bitcoin price will continue to rise.

When COVID hits the world, we experienced a sudden crash in the market. But after a couple of months even without vaccine ready, Bitcoin has recovered drastically high. So it means that Bitcoin was able to overcome the negative impact of COVID-19 and Bitcoin is playing very well right now.

People continue to earn due to cryptocurrency even if we are still in the middle of a crisis.

Is that crash actually pertained about covid incident? For sure the fuds circling around is the cause about economic declines or some sort but honestly i dont see for it to be connected at all

and i dont know why people do always correlate external events with the bitcoins price or in the entire market. I wont say that news and events are irrelevant but

this market isnt really mainly affected with those events thats why basing off with fundamentals is a bit non reliable from time to time.

In fact, the pandemic caused by COVID-19 where everybody was totally locked inside was what exposed BTC globally. This is when BTC took off as it serves as a safe haven then and many get to know about it. To me, the vaccine will have no effect on the price since we are in the bull run which is not bowing down anytime soon

Covid 19 cannot directly effect Bitcoin's price all on its own. Covid has encouraged a lot of people to invest in the currency out of desperation this is probably true but it has not boosted the price of Bitcoin by itself. There have been a number of different things which have happened over the last year or two that have effected the Bitcoin price. Elon Musk announced that Tesla will not just be investing in Bitcoin but will be allowing you to purchase cars in the future. I would not be surprised if this extends to space orbit rockets in the future.

Bitcoin is being talked about more and more every day from social media infulencers to mainstream sports people. This is what has caused the Bitcoin surge more than anything else. People are talking about Bitcoin and are causing a buzz around it. This in combination with people showing interest and investing has caused the latest surge but this does not mean its a bubble. I would say this has caused the opposite and has now convinced people that Bitcoin is not only legitimate but the most successful people in the world are investing it in and making money but also those that are not famous have invested in it and have made money.

Covid might have a small effect on the short term price but I do not think so as you would probably expect Covid to have a negative effect on Bitcoin because of the lack of investment money people have but that did not turn out true.

I do not think that people being inside more during this time increased their chances of discovering Bitcoin or caused them to talk about Bitcoin more but I do think that the celebrities that were talking about it reached more ears than it normally would because more people had time. It is not because of Covid directly but indirectly it was a factor in getting those ears to listen.

In my opinion, I really don't think that the pandemic nor the vaccines being distributed will make a difference in the price of Bitcoin. We might be able to see a correction in a few months once the bull period is over and the correction might be not that bad at all but of course this will force many of the new players to wait for a long time, like the old ones waiting for 10 years before they were able to make very good profits on crypto.

A correction needs to happen, after such a prolonged bull run. But the question is at which point it is going to happen. It can happen at 60K. Or it can happen after Bitcoin hits a price of $100,000. Or it may happen after $300,000. The simple fact is that correction will not occur as long as increasing number of users are accumulating the coins due to the FOMO sentiment. Even if a correction occurs sometime soon, it is going to be a short term phenomenon.

I think, since the coronavirus outbreak, the correlation between Bitcoin and the equities market has increased. For instance, on the 12th of March, the price of Bitcoin fell below $4,000 after the S&P Index in the USA saw a sharp decrease. The reason for this was because there was a sudden flight to liquidity, and so, a lot of investors had margin calls in Equity that had to be covered by liquidating other assets like Bitcoins into cash - to meet those margin calls elsewhere.

I don't think covid 19 has a significant effect on bitcoin price since BTC is not directly connected to the economy of a country. Maybe launching of covid vaccines in different countries will help on the recovery of their economy since many businesses will operate when infected cases dropped. Covid vaccines don't have a direct effect on BTC prices since market value is determine based on the law of supply and demand.

This is exactly opposite of what some of the users were claiming earlier. I have seen a number of threads here claiming that Bitcoin prices will go up whenever there is a stock market crash. But from what I have seen in reality, it is just the opposite case. Most of the cryptocurrency bull runs occur when the stock markets are also in good health. Even now, it is the same. After a crash during April-May, the stock markets have recovered very quickly and now the market indices are even higher than what we had before the pandemic.

In my view, the COVID-19 pandemic has a positive impact on Bitcoin, because many people are starting to be interested in investing in Bitcoin now.
Assuming Bitcoin can be a source of income in the current pandemic situation, therefore the current Bitcoin price continues to rise. Compared to
other assets, Bitcoin has the best performance, finally making several institutions start buying Bitcoin this year. Because it considers Bitcoin holding
in the long run to be able to provide promising profits.

I think it will be the same. If there is news that the world is completely free from covid only with vaccines it is just fake news, it seems. Covid is very strong, even we have been living life with covid in the last 2 years.

Bitcoin is strong and it has already a great foundation after a couple of years and now the covid-19 continue to push people to use bitcoin not just as payment method but also as a source of income. Well, I think covid-19 will become the stepping stone of many people to adopt a digital currency and start investing in bitcoin where it can also push bitcoins value more higher in the near future.

Of course there are positive or negative influencers of Covid-19 on bitcoin.
Some of the positive impacts that were felt after Covid spread and became a pandemic that never ended were the many investors who entered bitcoin to invest in it. Some of the sources of funds used were stimulus funds. Bitcoin has become an investment tool during the pandemic.

But we can't live with the covid pandemic forever. Of course this covid will end, even though one day Covid is no longer heard of, Bitcoin will still be a valuable digital currency and is in great demand by people. Much adoption will be made of bitcoin. Bitcoin is a valuable future asset.

The pricing of Bitcoin will might just be affected depending on what will be the response of the people right after having the vaccine and once the pandemic have been resolved already. But as of the moment that vaccines are already available and have been widely distributed and pandemic is still present, the current state of Bitcoin is still on the top based on the last recorded ATH it have attained this year so nothing is needed to be worried about. Let us just wait and see then what can possibly happen once the problem have already been settled because we certainly do not know if people will be pulling out of Bitcoin after this pandemic, well I guess they have no concrete reason to do that.

I think this pandemic only make people give more attention to online payment method include bitcoin. Sooner or later people will become cashless society. For now in my country, there are only rich people who use card to buy goods in mall or restaurant while ordinary people generally use cash. Just wait until Bitcoin and blockchain technology to become familiar for them, I think people will prefer to use cryptocurrency as payment method. I think the vaccine will not give any bad affect to bitcoin.

Why do you think that it is fake news? In countries where the vaccination program is proceeding at a good pace, there have been a reduction in deaths due to COVID 19 by up to 98%. On the other hand, most of the deaths are now being reported from countries which have lagged behind in vaccination (Brazil, India, Mexico.etc). And one more thing.. increasingly younger people are dying of this virus, because most of the seniors have received vaccines by now.

Which is precisely the positive thing that had happened in pandemic outbreak was peoplw arw being so engaged in online payment, seeking another way of slurce of income via online, investment etc. Actually there is no point connection between the progress of bitcoin in the market and covid 19 but because of the pandemic people were gathered online and here it started that people are developed the effectiveness and the value of bitcoin.

Exactly there is nothing in common between covid 19 and bitcoin, but the extensive development of bitcoin and crypto has shown the absolute value and efficiency of bitcoin and blockchain.  At the same time, it means that covid 19 is truly a spice to transform into a new financial, economic era -> a prosperous year for bitcoin lovers and I'm proud to be one of them.  the most wonderful things.

Really your right because Bitcoin don't have anything to do with covid19, even though corona virus exist for three years it will not affect cryptocurrency, because crypto is digital currency weather rain or sun it will exist, what bitcoin really
need to exploits more and more is advert to the society so that young adults and old adults will known.

I don't think that it will affect Bitcoin badly. Because covid-19 has already helped Bitcoin to gain much more popularity. The demand has increased at an incredible rate. Even if we leave these days behind, Bitcoin has already had the wind at its back. So I don't expect things to change for Bitcoin.

The Covid 19 virus epidemic has devastated the global economy, but has not had much of an impact on the cryptocurrency market. The crypto world is moving forward even in the midst of the ongoing epidemic. Now that the Covid 19 vaccine is on the market and the world economy is turning around again, I believe that the cryptocurrency will flourish faster.

The pandemic itself may not be having much impact on the cryptocurrency market. But the stimulus measures taken by the governments had a huge impact. In fact I would say that alongside PayPal/Tesla adoption, the stimulus measures and payment of welfare checks also played a huge role in the latest Bitcoin rally. Take the case of US for example. A lot of people received the stimulus checks and many of them invested in stocks, Bitcoin or treasury bonds using that money.

Why do everything have to be connected to the price of bitcoin, I mean if there are subtle connection, we will know about it but I don:t see the vaccine rollout going to affect the price of bitcoin and if it ever does, I think that it will just be a coincidence.

I think that Covid 19 vaccine will not affect negative impact on bitcoin. Day by day every countries economy going to stable. Because of potential coin, i think more people will invest on bitcoin and its price gonna increase more. Because we know that more demand is the cause of price rising. I think bitcoin demand is increasing more.

It has been seen now that the launch of the vaccine has an impact on the economy which is starting to recover slowly, although only a few steps are taken. I am sure that if the Covic 19 vaccination goes well, the economy will definitely recover quickly, especially the cryptocurrency sector will be even better in the future, so we can be optimistic about this.

Broadly speaking, the crypto sector was not affected at all by the circumstances that occurred with the Covid pandemic itself. without covid and covid crypto will continue by itself and remain good. even if there is influence, the possibility is very small.

it is true that even though the vaccine does not heal itself from the covid pandemic. but the effect that occurs is quite significant because transmission is somewhat reduced, especially for health workers, which is very important, because if they are sick, many will be harmed, including the covid patient itself and with other patients. indeed health workers are the main point to be able to reduce transmission.

Many but we still haven't got majority of people leaning to Bitcoin just yet.
There are still many people leaning to banks instead because they feel somehow secured with somebody else holding their money.

Since social distancing in almost every building is a thing right now even in when paying bills, Bitcoin helped me skip those and I got my bill paid without even going out in a crappy long line.

The world is fortunate to have a vaccine against the epidemic of covid19. Hopefully we will stop this dangerous spread. People will no longer have to practice social isolation. All jobs will go into normal operation, the economy will be stable, the crypto market will also be stable. I believe Bitcoin will go up in value in the near future.

In my opinion, it is no longer important, because COVID 19 has already played a positive role for the crypto world and Bitcoin. Even after the crisis began, most people realized that in the event of a collapse of the economy, it is safer to own crypto and Bitcoin of as much as any other fiat currency or stocks, and this is now irreversible.

Covid-19 has impacts on the Bitcoin. Because in Q2 2020 every market is going down as well as Bitcoin. Bitcoin price has dumped upto 50% within one day. So, Covid impacts on the economy of the whole world. And that's why Bitcoin is also decreases. But after that Q4 2020 And 2021 is very good period for Bitcoin. World economy stabilize and in this case Bitcoin performs out standing.

there is no relationship between vaccines and bitcoin, if at the beginning of covid there was an influence for bitcoin but over time, bitcoin.  is an economic helper during a pandemic, why?  because just look at now the price of bitcoin is getting higher where the pandemic is still continuing, people are investing in Bitcoin at this time because people think bitcoin can help their economy during this pandemic.

I think there is a slight relationship. If the vaccines work and the economy flourishes again, there is less incentive to put your money into Bitcoin than into stocks. Right now people are also afraid of inflation because of all the money printing that is going on.

Good reason to buy Bitcoin right now.

I think it would make the money coming in smaller. If covid19 ends, people will spend more money on their everyday life and that will lead to less money for investment maybe? ;D

Since 1 decade Bitcoin has continued to be the asset that has the best performance even in the era of the COVID-19 pandemic, at the beginning of the emergence of COVID-19 it had made Bitcoin decline but Bitcoin's performance still proved to be better when compared to other investment assets.

Yeah, that is the reason I do think does covid has anything to do with bitcoin? I don’t know why a lot of people like associating the covid-19 to bitcoin, just like those that are saying that the covid-19 is what caused the bullish trends in Bitcoin now, while at first they were all saying that it is going crash bitcoin and when it started crashing at the initial stage they all believed that it was what’s causing the crash, and now they believe it is what is helping bitcoin lol, they are forgetting that whether there is anything like this or not that bitcoin will continue with the growth that we are seeing now.

It's sad if that many people still entrust their money to banks, even though if they keep money in the bank it will only continue to decline in value.
It is difficult to convince the majority of people if the government does not support, means that those of us who have invested in Bitcoin are among
the lucky ones. Regarding bill payment with Bitcoin it is indeed better because it can avoid the spread of the corona virus and does not need to queue.
But the problem is not all countries allow Bitcoin to be used for payments and my country is a country that prohibits using Bitcoin as payment.

I think that nothing can negatively influence the bitcoin price, because its hype has flown all over the world, everyone in the whole world already knows about it.
Well, if we talk from the economic point of view, if the pandemic is canceled at all, there will certainly be less online in the crypt, therefore the exchange rate may affect this fact.

Yes, the Covid pandemic will have a direct connection to the entire Crypto growth. The biggest reason is that - due to this pandemic most people are sitting at home, quarantined either by self or by force - but a huge population of this world is at home.

When people have free time, Internet connection and a cell phone or a laptop to spend time - they are more likely to stumble upon Crypto and play with it. There are so many ways to get into the crypto market, many free ways to grab some decimal fraction of cryptos that it is likely that more and more people will get into it.

With Covid, people are losing jobs and they need money to come from some where ... and it will all add up and direct people to crypto which will ultimately boost bitcoin!

On the eve of the coronavirus, people have placed a lot of importance on how to make passive income at home under the pressure of lockdown.  Before 2018 19 there was not so much curiosity among people about cryptocurrency.  But on the eve of the coronavirus, all the people of the world have become aware of cryptocurrency and have emphasized its use.

it seems like what you are asking, actually about the available vaccines, whether there is a direct relationship with bitcoin, actually there is none because even though there is a pandemic or nothing, bitcoin will continue to run by itself because no one directly regulates it as well as economic development will certainly not make an impact at all.

crypto usage during the pandemic actually had no fundamental changes so there were additions with stay at home, because obviously everything was already going on and there were no significant additions because it took time to get to know it first. plus during the pandemic all crypto was not excited so the bounty was not as much as usual.

so that economically there is also no significant addition or reduction, crypto trading is more done than bounties even though trading is also not as excited as usual.

If COVID-19 is really an invented virus by China, and their motive beyond that is to make the world's economy suffer to overpowered by them, but sadly Bitcoin saved many poor countries including Venezuela on that, then I guess it will not affect Bitcoin's price at all. This pandemic is just an instrument that made people realize that Bitcoin is a gem that they are ignoring for a very long time, that's why big companies started already to invest on it as well as to other Cryptocurrency.

So it's gonna be a bull run because other people will also adopt it since Tesla and Microstrategy are good assurance for them that Bitcoin is not a scam or a Ponzi.

There has been a huge demand for buying Bitcoin while the covid-19 period still is going on. It really affected the cryptocurrency market very positively. Also, we are seeing that more and more companies etc. are starting to accept Bitcoin. I don't think vaccines could affect the market badly from now on. Bitcoin has already drawn a huge attention and reached a great level.

Really that's what you think? That Bitcoin was doing great because the economy was doing bad?

Didn't you notice the trillions of dollars entering corporations? Where do you think Tesla found profits from? It didn't have profits until 2020. Did it sell so many cars to turn their losses around? It was the government printing that helped stocks and crypto.

Bitcoin was doing great for 10 years dragged by the euphoria surrounding all markets. Once the stocks went down, Bitcoin crashed double than stocks.

It is the opposite of what you have been told.

Its been a while now that some countries had started receiving Covid-19  vaccine jab in a bid to stabilize their economy and put things back to shape I thought that action will have impact on the price of Bitcoin however there is no any significant changes in it price rather the price was more bullish  an indication that the healing or eradication  of the pandemic wouldn't affect the price of Bitcoin I believed this is due to the institutional adoptions

According to what I have glimpsed, this Covid-19 is not possessing any effect on Bitcoin. Bitcoin is striding at its velocity and I believe it will. Its posture is the same as before, even its price is going satisfactorily. And people have scrambled to Bitcoin in my viewpoint.

Covid-19 effects have worked much better in cryptocurrency market. because those who didn't know much about Bitcoin before, in pandemic period they got time to research deeply, and we see lot of new companies investment in Bitcoin. it became a source of income for many unemployed people and who lost the job at the time.

Covid19 might have a little effect on bitcoin, as some crypto enthusiasts withdraw capital for protection purposes. Although in general, it is quite negligible towards the trend of bitcoin.

Bitcoin is affected by something it won't take long for it to rise the rate of investors in bitcoin is always higher than other currencies in the crypto market. Bitcoin’s popularity has grown even more among the Covid 19 many people live in despair because of the crisis they have been able to deal with their problems by investing in bitcoin. Has found a way to earn that has overcome financial problems and with it the value of bitcoin has increased.

Because of pandemic, many are getting interest earning crypto. The large number of investors makes the market bull, staying at home makes them capable to earn more especially those who have some amount to risk. Covid 19 is dangerous but gain positive impact in decentralized economy where we get and support our financial need. Bitcoin made it reach the predictions way back 2 years ago. The pandemic wont make are life in worst but opportunities are there also being left.

step by step the world economy gets better again after the mass vaccination around the world. This could be one of the increases in all sectors of the economy, including crypto, there may be a bigger increase after vaccination is complete and Covid is declared over. I think the effect of Covid 19 is very large and this could result in the slow growth of all sectors of the economy

I do not deny Covid 19 is the huge reason that triggered the massive strike on the crypto space.  But not really, I think the contemporary financial apparatus is about to acknowledge the effectiveness of blockchain and that bitcoin should be recognized as an intellectual property.  Vaccines are only one aspect of limiting the range of the virus, but not a factor to justify the inflation that has soared to its peak.  break the battle and bitcoin is the lifeline.

People need cash during the pandemic process. That's why they turn all of their investments into cash. If the pandemic ends or vaccines work, I think bitcoin will increase much faster.

With the launch of vaccine 19, of course some people will start their activities as before, so in my opinion this will not have an impact on bitcoin even though currently bitcoin prices are going down, of course not because of the launch of vaccine 19 but bitcoin is undergoing a correction after reaching ATH recently.

true, indeed crypto users have increased since the pandemic, but rising or falling btc prices are not directly affected by the covid-19 pandemic. I wonder why there are still many who link it with that, so when a vaccine has been found and distributed, then it is linked again with the decline in the price of BTC. come on ... we have to be grateful that a vaccine has been found and this pandemic will end soon, and I believe btc and the cryptocurrency ecosystem in general will continue to exist and be increasingly recognized by many as an alternative investment and profitable business opportunity.

Many people have invested in Bitcoin during the Corona period.  Although the prices of gold, silver and platinum have come down, the prices of bitcoin have gone up.  For the first time, the price of Bitcoin has exceeded 20,000 thousand Usd.  This is the first time it has made such a profit since it was registered on Wall Street three years ago.

Bitcoin made its Wall Street debut in December 2016 after trading on the Chicago Mercantile Exchange and the Chicago Board of Trade.  The record price of this digital currency goes up with the start.  At the beginning of 2016, the price was less than 1 thousand dollars.  It reached 19,073 thousand  at the end of the year.

But the situation changed as soon as the trade started.  A year later, the price of Bitcoin dropped to less than 4,000 thousand .  However, its price is increasing during this coronal period.  On December 16, the price of Bitcoin rose to a record  20,396.50 thousand Usd.

 Bitcoin is a digital currency that is not affiliated with any bank or government.  Users can use it anonymously.  It can be acquired through computer, but also in exchange for US dollars or other currencies.  Some businesses use bitcoins, but criminals can also easily commit crimes with these coins.

Covid19 is a disaster of the world. It heavily affects the economies of the countries. The introduction of the vaccine against the epidemic of covid19 is of great significance. Merit belongs to vaccine researchers. It limits the spread of disease. Declining economy affects the price of Bitcoin. When the economy is stable, the value of Bitcoin also increases. How do you think? Please share your opinion.

To a certain extent, covid 19 promoted the development of bitcoin. Even without covid 19, it's just that the development of bitcoin may be slower.

We can't predict the occurrence of covid 19 and the development of bitcoin. What we can do is to face it positively when difficulties come, no matter what.

come on！！！

The crypto market dumped because effected by covid 19 only when pandemic started, and after that, the market bounce back then keep soar to new high. For now i did not see again, the effecr of pandemic in crypto market, even no effect again in stocks market. I think pandemic only make effect to the fiat currencies.

what you say is the truth but it may or may not be, if I see that there is actually no impact whatsoever for cyrpto with the presence of covid-19, because it is clear that two eyes from different sides even need each other but covid-19 has no impact movement of the crypto market as a whole.

Covid-19 has indeed greatly affected the economy of every country that is directly affected, so it can be said that you are right in saying that fiat is directly affected because of increased use and no income because all sectors have stopped due to covid-19.

I hope this pandemic will pass quickly because there have been many human victims and the economy has not been able to run resulting in a lot of new unemployment that arises because companies cannot run normally and no one buys goods, focusing more on medical equipment and food needs.

hello sir, I don't think there will be a big impact on bitcoin if even if covid 19 disappears and the economy returns to normal, we can see in 2017 without covid bitcoin can also rise to the top, so my opinion will not affect the selling price of bitcoin, which I'm afraid it's bad news for bitcoin itself

The global economy affected by the epidemic will suffer a certain impact on the traditional capital market. Many funds have a hedging demand and will enter the cryptocurrency market, which will bring incremental funds. However, after the epidemic has stabilized, these funds will not be available. Decrease, on the contrary, let more people understand Bitcoin and start to be a long-term investment, so I don’t think it will fall and the impact will be small.

Wrong comparison , because why need to use the 2017 as example when the best is 2020.
March 2020 the price of Bitcoin and the market dive into the lowest , but just after 6-8 months ? the price climb up to break even the ATH of 2017.

From that we already saw its capacity so why Covid will totally effect the market when the truth is the most safest way to transact now is using e wallets like bitcoin and cryptos?

This is irrelevant for me because bitcoin will always be on the top of progress about virtual currency .

maybe at the beginning of covit 19 the crypto world might feel the same impact as fiat currencies, but over time, the crypto world has recovered, and the market has returned to normal as before, and we hope that in the future bitcoin will return to what it was. normal price. . And I hope the Covid-19 passes quickly.

I don’t think the covid -19 vaccine will have any bad effects on Bitcoin. On the contrary, it is better than harm. People understand Bitcoin so they are willing to follow and believe. At present, I don’t think it will have any bad effects.

In the long run, the return of the economy to normal will eliminate the need for more Stimulus Check, which is an economic strategy provided by governments around the world to support small businesses and the unemployed. It is generally believed that printing more currency for the rescue plan will lead to inflation, which is very detrimental to legal tender, but is more beneficial to Bitcoin and digital currency.

Obviously Bitcoin does not like the news of the successful Covid 19 vaccine trial. In addition to gold and BTC, some companies that have made significant gains during the pandemic lockdown have seen their valuations decline.
Then many people expect BTC to rebound at some point, just like after the initial Bitcoin issuance.

COVID 19 is the main cause of the collapse of the economy. Professions are inoperable during the pandemic so money is being pulled out of them and elsewhere. The stock market, Bitcoin and gold, silver... have increased a lot since the recession happened.

The problem is that after the pandemic ended the world printed more money. The US has launched economic bailouts along with other countries leading to excess money. Money will flow throughout the economy in all aspects so stocks, Bitcoin, gold, silver... will continue to hold value due to the inflow of money. So we will continue to see Bitcoin not falling below $10,000 like before the pandemic.

yeah, the basic like people will stay at home and dont do anything. they will find, how to make money at home. and the answer by online, freelancing on media platform, you can translate comic for own language, selling cloths, and the other. bitcoin is good one to role your money, but you cant place your stuff here directly, you need to learn about bitcoin basic first.

In my opinion, the presence of the covid 19 vaccine has no effect on bitcoin, all of us know bitcoin does not depend on others, in 2017 there is no covid but the price of bitcoin is going up and now there is a corona outbreak the price of bitcoin is going up so I don't think covid 19 has an effect on bitcoin.

Yeah the pandemic gave Bitcoin a strong popularity boast.
Sometimes ago I also thought about this question, if Bitcoin would be able to maintain this suddenly increase in the participants now that things are seemingly coming back to normal in terms of the economical rejunevation going on. But I also thought and would like to agree with some of the comments here, saying it would rather futher strengthen Bitcoin's progress, because in many nations like mine, people are back into full business, companies are now running and the general economy is being built again thereby removing the excuse of low or no funds to invest in Bitcoin.
I think the vaccination is equally a good opportunity for Bitcoin to gain strength.

How would it affect bitcoin though? Vaccines and bitcoin have a vastly different field so I don't exactly think that they're going to directly affect each other in any way. Probably with the advent of vaccines, with the pandemic slowly being extinguished and becoming a problem, the people can finally go out and they can probably share it to their friends if they've been dabbling with bitcoin during the pandemic.

Perhaps now we have a satisfactory answer. Bitcoin is still continuing to rise after the correction. Everything seems to be natural without any vaccine-related effects. Whether it is literally or vice versa. Covid 19 is just a condition to demonstrate the incredible adaptation of bitcoin to the situation and conditions of the market.

Bitcoin last January shows strong growth that is when the covid19 breaking all hearts with tons of dying people , and now the vaccine are there see what is the effect? the price climbed up so high from january to May , the value up and up to 64,000$ . so yeah it is.

I don't think covid-19 has much effect on bitcoin, although at that time bitcoin was a little shaky when covid-19 hit, but it didn't last long. we can see for ourselves if the current development of bitcoin has no effect on the increase or decrease in cases of covid-19. what might happen now is an increase in the number of traders due to the implementation of work from home which makes people look for additional activities to do at home but still useful or can actually produce like investing in cryptocurrencies.

Seen from previous events when the covid-19 pandemic was at its peak, bitcoin was affected but this did not last long. Even now you can see the development of bitcoin with the case of covid-19 which does not show any changes to each other. Maybe the change is the number of people who join or participate in cryptocurrency due to the implementation of restrictions on activities outside the home. Bitcoin investment can be an option during a pandemic like this because you can do it anywhere and anytime as long as your network supports it.

No, Bitcoin was not affected and from the historical data of the market trend, it was when the pandemic was at its peak that the institutional investors believe cryptocurrency is the best alternative for them to have a profitable investment no matter the stats of the world economy.

Yes, crypto gained more traffic and the best change is that private companies now acknowledge the benefit of crypto investment.

we have entered almost 2 years since covid 19 appeared but we can see the price of bitcoin remains high even creating new ath
bitcoin with its decentralized nature makes the bad effect of panic from covid 19 non-existent

even from the data we can see on google that the search for bitcoin remains high during this pandemic
bitcoin is the magic of this century

In fact, what I think is that covid-19 has not had any effect on bitcoin but has brought a lot of good news for bitcoin.Because of this coronavirus, people have now increased their transactions in Bitcoin, which has increased the demand for Bitcoin. The demand for Bitcoin will increase further in the future.

I don’t think at the moment Covid-19 could again bring as much harm to Bitcoin as the first explosion period. I say this because I remember Bitcoin dropped to $5000 when Covid-19 started, I would say many traders got scared that time after seeing so many businesses closing and that is why even the Bitcoin market collapsed because everyone started selling their Bitcoin quickly because of fear!

But right now we're trying to see Covid-19 as a normal disease so that we can be brave and keep working so that we can not die for hunger! So I don't think it will have the power to scare us to the point of undermining the Bitcoin market once again.

the causes of 2017 and now are not interrelated even if the vaccine doesn't affect bitcoin but 2017 is a different matter.
it is true that with the vaccine or not bitcoin will not be affected by it because the function of the vaccine itself is to reduce the risk of contracting this virus and it does not mean that with the vaccine we are completely free from the virus and forget about bitcoin. Of course the concept is not like that.
bitcoin will still be as it is and now the trend is good and even if the vaccine spreads and is used everywhere bitcoin will not be affected clearly and significantly

The most successful crypto asset, being Bitcoin, possesses several characteristics that pose advantages and disadvantages in the financial markets. Digital convenience ensures the safety and ease of use for Bitcoin users, while decentralization also poses a primary benefit. Extreme volatility and the impact of negative externalities on the value of Bitcoin contribute to the assessment of Bitcoin trends in the market. The recent outbreak of the coronavirus (COVID-19) has shown evidence of influencing Bitcoin prices as the virus is spread across continents, leaving the global financial environment in turmoil. The classification of Bitcoin as a hedge is dependent on various factors, including global economic uncertainty.

Why people are really fan on tagging up bitcoin into world events or situations that we are facing?it might indeed affect most of countries economy but i dont see for it on mainly affecting Bitcoin or crypto market as  a whole.

We do even see that bitcoin did really make out some significant rise on the first year of that covid pandemic which we can really say that it isnt a viable reason on why we do see some declines.

Some people or investor tend to cash out for their needs but there were people whom do tend to hold up for future gains or profits.

It did an effect.

But that effect showed positive impact to itself. We thought that it's going to be bad and negatively affected due to pandemic.

Well, that was a thought that probably have been in the minds of most because every situation that we're in, we're thinking already the outcome of it if it's good or bad and good thing, we're wrong on this one.

It has nothing to do with meetings talking bitcoin, in fact, if something the covid has done that can be measured positively, it is that it has managed to make the online world serve as a bridge between many activities (offline) that were previously believed to be not as efficient if they were performed online.

On the other hand, bitcoin has already shown that certain global situations do not affect it in the short term, but a rumor, tweet, etc. influences it, when someone from the niche or the world of cryptocurrencies expresses themselves positive or negative.

On the eve of Corona, the Bitcoin market has grown much faster than before.Analyzing the reasons for this, it is seen that people of different countries of the world are losing their jobs and living in captivity during Corona.They are working with Bitcoin directly and indirectly on different sites in different ways sitting at home. As a result, the popularity of Bitcoin has increased day by day.

Good about bitcoin is its connective function which gives access to do it of your own without moving to the bank and other financial service centers. This is really good, and people gathering to discuss and talk about bitcoin doesn't look fair. Global markets aren't good, but slowly recovering.

Earlier when there isn't less access for different discussion system online we reached offline. Now gathering is the major thing that is causing cluster formation. To completely get out of covid-19 it takes years, and until then it is our responsibility to keep ourselves secure.

The pandemic has disrupted lives across all countries and communities and negatively affected global economic growth in 2020 beyond anything experienced in nearly a century. While the pandemic caused several commodities and assets to lose their value, the cryptocurrency market, on the other hand, was found immune to coronavirus. From approximately $7000 in March 2020 to more than USD 54,000 to date, Bitcoin has boomed and astonished the whole world. The green signal that cryptocurrency has given through Covid-19 is unbelievable.

It's because crypto doesn't care about government/bank schemes! And all this covid shit is nothing more than a scheme! Bitcoin, and some other coins, boomed because people are realizing that crypto is a more fair system, an alternative to this shity system that makes rich people richer, while all others are slaves! And with this covid they show their true face once again, the big ones are richer, the poor ones are in an even worse position than ever!

I don't wish to be "brainwashed", and like many others, I choose decentralized crypto instead! This number will rise because these fiat holders are going crazier every year, with all their tricks and schemes! And it's not like conspiracy theory anymore, they are looking us in the eyes and they are lying to us! That shit got to stop!

not 7000$ instad 4000$ level that month of 2020 and that records the lowest from the last halving value since 2017 .

again it is 64,000 not 54,000 .

sorry to ask but where have you find your data? it looks like all are not accurate , simply checking coinmarketcap https://coinmarketcap.com/ will show you the data you need to learn and share.

In my opinion.As people are starting to understand the value of bitcoin, it's demand is only going to increase.Some of the sources of funds used were stimulus funds. Bitcoin has become an investment tool during the pandemic.And here the vaccine was created nearly half a year ago and we have been seeing price of btc go up from that time so it is clear that COVID vaccine isn’t really impacting the market.

actually there is no effect whatsoever for bitcoin related to the covid vaccine. In my opinion, what can be stable is the world economy, not crypto. in my country crypto is not affected by anything and continues to run as before there was covid

Don't forget that the pandemic and the growth of bitcoin isn't just the reason, the pandemic also coincide with the halving in 2020 which is proven to pump the prices when it happens, which it really did. I think you're right about it being immune to the effects of the pandemic although I hope that it won't change when the pandemic is over.

Vaccine is one of the keys to success to get out of this prolonged pandemic. Hopefully herd immunity will be formed soon and we can return to normal activities. Hopefully there will be no more conspiracy, so that this vaccination can run optimally.

based on my experience, since this pandemic many of my friends have joined crypto, some have also asked me to teach them. this is a result of the difficulty of making money offline, many offices being closed, trading activities restricted, etc. so they look for alternative jobs online. If generalized, this pandemic also has a positive impact on the development of bitcoin, where more and more people know and are familiar with the cryptocurrency ecosystem.

The vaccine has no direct relation to bitcoin.

But the vaccine to have a direct connection to the economy of most countries, there's relativity that we can find from it. You're misunderstanding about purchasing of vaccine.

It's not about buying it through fiat or bitcoin but about the effect of it through the economy that shall also have the impact on the cryptocurrency market.

Currently vaccination will not make the world economy recover, because considering the current rise of new virus variants, and making the governments in their respective countries still restrict people from doing activities freely, even for those who have been vaccinated, thus making some people and investors still use bitcoin to earn income.
So for now bitcoin will stay strong, until the world actually recovers completely.

I'm kinda agree with you man. Despite the vaccines that would decongest the hospitals and preventing us from dying, we can still be infected and spread it to others even the unvaccinated and it's still far away for the economy to recover. However, Bitcoin and the cryptocurrency world isn't affected at all with the pandemic because this has nothing to do with COVID-19.

With the growth of people's interest in Bitcoin as well as the popularity of DeFi, NFT and blockchain games, the industry would keep accelerating like no other.

There is a correlation between bitcoin and covid 19, we know well that drove people to bitcoin and the modern popularity of bitcoin increased awareness as everyone wanted to get an investment opportunity  best during the pandemic.  There is not any model that is not affected by Covid 19 except bitcoin.  The introduction of vacxin did not affect the crypto economy as proof that bitcoin and crypto remained at a natural level of volatility, bitcoin was still going up.  It shows some degree of involvement but not all, without any dependencies.

I think that with covid 19 in this world, bitcoin is getting more and more popular, as evidenced by the price of bitcoin and altcoins that are going up very high. This is because many people realize the importance of investing so many of them invest and look for investments with high returns such as bitcoin.

actually there is no direct correlation between the covid 19 pandemic and bitcoin, even though the pandemic occurred and making people work from home did not make a significant addition that there were additional participants as a result of the covid 19 pandemic. because after all, everyone could not immediately understand crypto and had to learn first and get information from people who may have already joined.

if he also wants to trade clearly requires more funds than he has and we know precisely because of the pandemic many people have stopped working and have no extra money and only to meet needs and not to trade in crypto and only those who have been doing it for a long time. .

the increase in bitcoin is precisely the result of the good news that continues to arrive and gives investors and institutions confidence to buy and hold because it is expected to increase again.
but unfortunately bad news is also what makes bitcoin corrected down drastically, fortunately there are still many who believe in bitcoin so bitcoin can be comfortable at a price that doesn't sink.

all of us want to be the same as the hope that the economy can return to normal and human activities return to normal without any hesitation to socialize directly and all of that will definitely give new enthusiasm, especially in the crypto world, and I have the view that there will be no major influence on crypto because all has been running normally, ease of transaction will occur..

Many are shifting in crypto now since the stock market as well real estate and other investments took longer time fo gain profit now especially this pandemic and possibly will go deep again due to news on vaccines as well terrorism in some countries. Crypto were not much affected about the news and covid since it is decentralized and tge government have no controls in it that the transaction make more easier as well apps relating to crypto gains popular now especially the games and advanced trading platforms.

but what we see the crypto business during the current pandemic is actually exciting, many factors influence, maybe due to the pandemic many people find it difficult to do real work, so they switch to digital businesses. we can see the behavior of bitcoin which broke through the new ath this year, then continued the price correction and currently bitcoin is experiencing an uptrend

after the achievement of ATH bitcoin a few months ago shows bitcoin is not inferior to the ongoing pandemic
maybe bad influences have more impact on new projects where some seem to be struggling

during the covid19 pandemic, many people were fired at the company and they were unemployed so the only way to save their economy was down to the crypto world, the pandemic had a very positive effect on the crypto world.

We are not sure about the actual effectivity of covid vaccines, so it does not guarantee economy stabilization. And now, based on news I've heard, I don't think some vaccines are truly effective, because we have new variants, and covid cases are increasing again in my country. Our gov't again implemented a per city lockdown, and people are finding ways to earn at home, and they start noticing bitcoin again. Also through the help of P2E games people are starting to invest in cryptocurrencies especially in bitcoin. So in my opinion, bitcoin will keep going strong because I am sure, another wave of covid due to variants is starting again.

it's true that everyone in the pandemic era is very difficult to find work, even hotels and other inns are also quiet, there are no tourists coming, so many people are active at home and they are very interested in crypto, so when many people believe in cypto, it is certain that bitcoin will develop and Alcoins are very positive in the era of the covid 19 pandemic.

I honestly don't expect that the crypto world will succeed again especially in the pandemic era and it's true, what you're saying now everyone is switching to using digital investments like bitcoin. I hope this trend will continue well even after pandemic

Yes, Bitcoin is independent market place, so it can not manipulated by others even has nothing to do any government, anyone haven't control it. It's can be example, where most of the countries have fallen into economic recession due to Covid19 but here the Bitcoin has grown at the rocket high. Rather in Covid19 outbreak people have been able to make much better income sitting at home.

How can covid pandemic effect Bitcoin Growth. Bitcoin is a online cryptocurrency and no one can have any hand to decrease or increase the price. The pandemic is going on and if you look at bitcoin, Bitcoin is increasing day by day. There is a prediction Bitcoin will reach 100000 $ son during this covid situation

I would like to support your point and say that Bitcoin is going to be very popular nowadays. Bitcoin has become so popular today because of this coronavirus. Everybody is going to get involved in this bitcoin now.We can see that the bitcoin market has been pumping the most since the beginning of Kovid. We could see Bitcoin before but it was at 64k $. Since then the price of Bitcoin has come down but now Bitcoin is going to be pumping again. This time, many experts say that Bitcoin can be located at 70k to one million dollars. Looking at the current pace of Bitcoin prices, it seems that Bitcoin will soon be in the range of 70k to 1 million dollars.

Covid19 only affected the market at the initial stage of the pandemic later people realized that trading cryptocurrency was the best thing
 to do during  lockdown for generating income. The covid19 vaccine will further strengthen the global economy which also will bring uptrend in bitcoin market.

It was thought of bitcoin will also go down with the world market because of the effect of the pandemic. But it didn't happened as expected because what happened was much better.

It does look increasing day by day but there are also times that it didn't go up and went a lot through the lowest that we've seen in this cycle.

You believe a lot of companies during a pandemic their assets dropped drastically and they decided to invest in the crypto world and they made great profits. Does this not affect bitcoin in your opinion?

Covid 19 made the price of bitcoin skyrocket.  This is because people withdraw their money in banks to buy bitcoins.  thus making the price of bitcoin skyrocket.  An increasingly unstable economy makes people look for investments that have big returns.  That is bitcoin and other coins.

After scientists linked and came up with vaccines against Covid-19, this bacteria also seemed to be aware of its ability to be erased and suddenly became more frenzied, together create new generations, destroy the achievements of scientists and reduce the effectiveness of vaccination, the economy has not yet reached the basic needs that have begun to suffer from depression. Continue a cycle of closing and staying home for a few more months, Bitcoin will advance extremely quickly as an economic necessity for many individuals

not everyone believes in crypto even during this pandemic. Besides that, education about crypto that is received by the public is still not optimal...

the pandemic and also the vaccination program have no effect on Bitcoin, until whenever what affects the price of Bitcoin is market demand, not political or catastrophic things.

Bitcoin has a good relationship with coronavirus and a bad relationship. Coronavirus The world's largest businesses are shutting down, and millions of people are losing their jobs and living in captivity.So all captive people are involved in selling in different Bitcoin is trying to make money with Bitcoin. As a result, the Bitcoin market has grown much faster than before.

the impact is very broad, because it is global. but of the many investment sectors, it seems that the most powerful cryptocurrency is surviving and recovering quickly. even many of my friends who want to learn crypto investment, want to get a job from crypto, because work in the real world is disrupted, some have even been laid off. This is very sad for all of us, I hope this pandemic ends quickly.

I don't think bitcoin is affected by covid, the impact of bitcoin is felt directly on the industrial sector, many companies went bankrupt and stopped operations because people's purchasing ability decreased, but a unique thing happened because the impact of covid actually made money into crypto increase dramatically, this can be seen from the volume ever-increasing bitcoin transactions.

Yes also I think relatively Industrial sector has been damaged I have seen in my country. Even you can not believe so far more than a hundred companies have closed permanently. But the scenario of cryptocurrency market was different it was rocket high market.

The covid 19 pandemic that is hitting the world at this time not only affects bitcoin as an investment but also severely cripples the world economy.as we can see at this time that many countries are experiencing economic paralysis from the impact of the covid 19 virus, even today. The epidemic still hasn't subsided and many countries have been harmed by the Corona virus

But it didn't affect bitcoin negatively just as the other markets and economies of most countries did.

The pandemic rather has truly affected a lot of countries and it seems that it's not yet about to stop. We don't know how many years that it will stay or it will stay in the world for good which is bad if it's like that.

Not that much of a connection because Bitcoin doesnt really been affected anytime on whats happening externally in the market.The year is almost ending and we are still seeing those kind of waves movements

and to say that we do even able to reach out all time highs despite of the condition or situation we are in thats why its not really that precise to mind off about the connection about the two.

Lets just see on how this market would progress on thats why we should really be careful on dealing up with our actions.

In some countries, COVID-19 has had a major impact on the industrial sector, as people's purchasing power has decreased, then the production
and sales decreased. This eventually resulted in many companies closing down during the pandemic, that means a lot of people become
unemployed. This causes many people to look for ways to make money, one of them chooses cryptocurrency to be a source of income,
no wonder the price of crypto during the pandemic continues to increase significantly. We can see the price movement chart this year, most of
the top crypto managed to reach ATH prices and provide large profits for investors. So COVID-19 can be said to have a good influence on
the development of cryptocurrencies.

Well yes the market is only affected at the initial stage because thats the time many investors are in doubt and fear of losing their assets due to economic crash. While others are using their crypto to sustain their needs resulting to panic selling of other investors.

The vaccines can stabilize the economy since its a weapon to fight covid but, still, there's no certainty. Because until now many countries are still in agony due to this virus despite of having available vaccines. In general the vaccine only affect the economy but not directly bitcoin and it depends on how people react that can affect their investments.

I think it is a sure definite that when Covid-19 is more a thing of the past due to advances in medical treatments pertaining to this illness that eventually stocks and cryptos alike shall all rise a fair modest amount. The day to day business of most companies has been returning to normal. A mask and or a shot is all they ask for and not much else. Of course, death is death and rare circumstances have major effects on us all. The death of a newborn or twenty year old forever negatively impacts the economy. Hopefully advancement in other areas of medicine will offset Covid-related deaths. The answer: yes, but not terribly much. Developing countries more certainly until they are more cared for to progress. I invested in vaccine companies and don't want to believe they are in short supply.

Don't think at all that it could affect Bitcoin to weaken, all activities related to Bitcoin will continue to become more popular, even newbies... I think they will continue to have a destination in Bitcoin.
Precisely with the Covid 19 vaccine, besides the economy will become more stable, I think it will make it easier for people to introduce Bitcoin to each other, now the world is already more familiar with Bitcoin, so Bitcoin will be able to maintain its popularity from time to time, in any condition and it will help the human economy's life.

When the initial epidemic broke out, the market was indeed affected to a certain extent. That was because people were panicked and worried about the raging virus. The national economy was affected, and some investors chose to sell their tokens.
However, as time has changed and the economy has slowly recovered, most institutions and companies have returned to their usual business. Now that vaccines are available to fight the virus, it has not only stabilized our economy, but also made us face the pandemic. Still choosing to invest in encryption, the covid19 vaccine has also further promoted the global economy.

The pandemic still has a great impact on the global economy. During the epidemic, we have received large or small impacts. However, the successful development of vaccines has been basically universally vaccinated, and resisting the virus will further affect the people of the country. The destruction of the vaccine can be understood as the promotion of the global economy by the vaccine, which has brought an upward trend to the market.

I could see in this pandemic covid- 2019 tremendous on bitcoin has risen by about 525 per cent..if are you looking into bitcoin technology and there by developing cryptocurrencies? Then you are in the right place.. Fortunesoft provides a wide range of bitcoin development services for all the bitcoin solutions.  So the best cryptocurrency wallet development services (https://www.fortunesoftit.com/cryptocurrency-wallet-development-company/) provided by Fortunesoft for You.

Due to the pandemic around the world, more people have got awareness about it. My understanding about the market, if the covid-19 haven't prevailed around people might've not known about bitcoin much. During the pandemic people got an opportunity to spend much time internet activities. The bitcoin market experienced a boom out of the pandemic, and the people who made use of the opportunity have recorded their profits in a short time period.

exactly people around the world got exposed in Bitcoin or better say the whole cryptocurrencies when this pandemic attack happened .
imagine people have nothing to do in their houses because of lockdown and all they need to find is something that can bring them possible income or at least where they can put funds in safer place since panicking comes to their ways.
lol this helps the crypto market evolved more, imagine that world is engaging now in crypto when in the past those people hates this.

that is what the advantage pandemic brings to this market.

Covid 19 has an impact on bitcoin but it has a beneficial effect on bitcoin. The epidemic caused people to lock themselves in their homes, unable to go out to work and completely isolated from the outside world. People start looking for an online job to earn income for their daily life and bitcoin is a great option over others. It can be seen that the crypto market this year has achieved many amazing achievements from the capitalization to the popularity of bitcoin stronger than ever. Covid 19 has created a new economic crisis. Those looking for asset havens and investments other than gold and bitcoin stocks are also a great choice.