Bitcoin Forum

Does Covid-19 affect Bitcoins?

  I think Bitcoins will be still stable and nothing effects in Covid-19 .and the thing we thought about Bitcoins that it is an Volatile and unpredictable are still continues.



What happen to Bitcoin if this pandemic did not solve?

  I think Bitcoin will be spread along the way and the population of Bitcoins will be long and infinite an the value maybe down and decrease due that maybe Bitcoins can notice that more people use it in time of pandemic. But we're hoping that the value of Bitcoins are consistently.


Does every people in the world participate bitcoin during pandemic?

   Not all people participate in bitcoin during pandemic but if we compare before and after pandemic I assure that during pandemic time Bitcoins is one of the source of income to some people in the world and I think 50% people will participate in bitcoin inorder to live and earn money even if pandemic.Not at all people using Bitcoins because they think it's hard and maybe they think also is harmful to them due that rear in there place.

if the pandemic is not resolved there are 2 things for bitcoin that might happen
1. bitcoin can be destroyed because the global economy is collapsing, and the demand for all crypto sectors decreases so that the price of bitcoin decreases.
2. bitcoin will be easy to pump, because many people are in bitcoin and they transfer assets to bitcoin.

these two points can be an early prediction of how the pandemic will affect bitcoin. but in my opinion the most important thing is how the correct pattern of bitcoin movement in the future is most important.

Of course it does. Before the pandemic, price of BTC was around less than $10K. During COVID cities were lockdowns and people were at home probably using phones all day and stuffs like that and by that many people were now exposed to BTC news all over social media added by institutions entering the space and that's were people rallied too.
It would still be popular and its price would still be rising. FUD's are inevitable but still I believe BTC will still be on 50K mark within the year if pandemic still exist and if vaccines weren't still available.
Of course it does not. Many people are still in the rural areas where technology are not that being utilized. Even in USA, only 6% of their total population are using cryptocurrency. How much more in other countries who have less knowledge about this.

I think bitcoin was positively affected due to the Covid crisis. We have experienced a great new peak of 60k during this crisis only! When US government started sending 1200 usd to their citizens as financial help, Coinbase reported a series of 1200 usd deposits to buy bitcoins from us clients. Many companies started investing in bitcoin during this time only including Elon's Tesla. So it is indeed all positive for bitcoin. With the world population sitting at home, people got more time to learn about it and invest in it. We have also see a NFT revolution during this pandemic. So it is all positive!

I believe, this trend would continue because its adoption is consistently growing, even though the market remains volatile!

No, bitcoin will not stable in this pandemic. The volatility will continue like this and in the long term and we will hard to predict accurately.
That depend on how good people respond to bitcoin. If they see bitcoin can be the new way to make money, they will use bitcoin. Otherwise, they will not touch bitcoin at all. If you mean the value of bitcoin is the price, I doubt that the price will consistenly stay at this price. The price will always change, especially many people predict the price can hit more than $100k in the next years.
Most people still not seeing bitcoin as a new way to make money instead using the old way to make money. But sooner or later, when they feel desperate using the old way, they will try the new way to make money. People need more education about bitcoin because they are not aware with the growth of the technology, especially in the develop country or backward country that do not have better infrastructure.

Bitcoin cannot be affected by the pandemic covid 19.
Humans are the smartest, any past pandemic like A/H1N1, Ebola,Pandemic... are solved though, covid is very It took time to find a 100% effective vaccine.
Not everyone, but they approached crypto civilization with a different position, different perception, different thinking about the characteristics of bitcoin.

You used conflicted words. Stable, volatile, consistently that make your first paragraph is unclear in its meaning.

The fact is Bitcoin goes to mainstream since 2020 and I am sure more people on Earth began to join bitcoin market since the last year. You are arbitrarily using 50% to make your statement more impressively. I don't believe the real figure is close to 50% and don't believe you read it somewhere else then mentioning it in your topic.

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The pandemic makes people understand more about the traditional financial system and the intrinsic hyper inflational characteristics of fiat currencies. QEs give people more money and unofficially give them reasons to join cryptocurrency.

How the world compete with the pandemic; How long will it take to end the pandemic; How serious are pandemic effects on societies, financial systems after all. Many factors will raise awareness of people about Bitcoin inflationary supply and its scarcity. With or without pandemic, people will be more awared of such. Fortunately, the pandemic boosts the awareness much faster.

I honestly don’t think that COVID-19 has something to do with Bitcoin’s price movement. At first, we thought that BTC would plunge like the stocks due to the pandemic as they claimed that this would become an economic reset. However, expect the unexpected. BTC goes the other way around and it even pumped up to almost $65k before corrected to $30k, and now we’re at $45k range as of this time in replying to this post.

So nope, COVID or no COVID, BTC’s price isn’t linked or attached to the worldwide situation that we’re in.

The pandemic has brought us all into a slump, all assets are closed, our activities are limited, large companies suffer losses, the world economy is weakening, it can be said that Covit 19 has a major impact on bitcoin, because the exchange of bitcoin to fiat currency will be limited by the government, because the state's finances are running low.

Covid-19 has affected the progress of Bitcoin on the positive note. The userbase have increased drastically as a result of pandemic which made people to do everything online. Compared to the previous years of market adoption and usage, Bitcoin usage in the last two years have increased to the peak. I'm sure about the market price of bitcoin to stay around $25k to $30k if the covid-19 spread hadn't taken place.

Bitcoin will not be destroyed. The global epidemic has been in the center of attention since March 2020 and as you can see, Bitcoin is still going strong. It even reached a new all-time-high in the middle of the pandemic. The initial reaction was very negative and in line with what the traditional markets were experiencing as well. At the beginning of March 2020, bitcoin dropped from $9.000 to $5.000. But little by little, it recovered to the point where we are now. There are absolutely no indications that the pandemic will signal the end of Bitcoin as we know it. 

Bitcoin will get its glory and the glory to Bitcoin is in its way.The pandemic is almost resolved,they throw the new variants but the vaccines seem to be effective to them,at least in my country the Pfizer vaccine is effective against any variant of the Covid-19 that we know of.This pandemic does not affect Bitcoin at all,in fact during the pandemic Bitcoin had its all time high of more than 64K during April-May 2021.Not everyone knows about Bitcoin even in pandemic but the people that have come to be acquainted with Bitcoin during this phase surely have seen an increase.

So in the end Bitcoin is immune to any pandemic and this was proven from the Covid 19 one.

I mean it shouldn't, it's a coin that is not really backed by any physical company and is only affected by supply and demand and is located on the internet, unless covid has a digital variant virus, then it shouldn't be possible.

Nothing. Honestly, even without the pandemic, the current progress would still have continued (maybe except for that sharp drop when covid went and spread into a lot of countries.

Bitcoin isn't some magic place where people can earn money man. People may have earned a lot in Bitcoin, but the same could be said to be those who lost a lot. When someone earns in trading, someone loses, so really, it's not and shouldn't be a "source of income" for those non-traders, well at least, not the main source.

I agree with you.

I had completely opposite opinion at the end of 2020. I predicted the price would crash because people need cash and bitcoin is not really a safe investment. I was really surprised when the price surge in the beginning of January hitting $40k. Then it goes on with Elon and so on. I also searching news about that $1200 stimulus money and it’s true. For NFTs, I think it’s still a bit controversy because people still debating the ownership, authenticity, etc.
I actually believe when the bearish season start that the price would touch at least $25k at the end of July or beginning of August, but again, it’s only $29k and the opposite the price hike again until $40k.
So yes, this pandemic time bring a lot of money not only to Bitcoin but also crypto market in general.
I really need to observe and analyze more haha, really have bad judgment.

All the effect I know is very positive, when covid-19 was discovered, there was a little panic in the space but eventually, it resulted to a more positive trend, that's because people now are more focus in the online world for whatever transactions they will do and they find crypto as a good investment.

Remember that the new ATH which was at over $60k was achieved during the pandemic, that explains how positive the effect is.

I'm not sure that the Covid-19 pandemic had much of an effect on bitcoin and it's bottom line.  I guess if anything the Covid-19 pandemic had a positive effect on bitcoin for a few reasons.  First many people were at home, not spending money on vacations, at the bar etc, so they had more accessible income..so many used it to buy bitcoin.  The US government gave away 3 stimulus checks and I know that many were used for buying bitcoin.  Not to mention we saw bitcoin all time high of 62k or so during the pandemic.

During the first global outbreak of the pandemic, cryptocurrency blooms. One of the performing industries that withstand the wrath of a global pandemic.

However, there is no correlation between Covid-19 and bitcoin's volatility.


With or without pandemic, Bitcoin's adoption will take place, even slowly but surely. It will continue to move forward, ups and downs along the way and you should always expect that.

Bottom line, the pandemic might have an effect on Bitcoin but it doesn't have that impact to truly change its usual market behavior.

At a time when everyone's activities are limited due to regulations by the state due to the Covid-19 pandemic, it makes people think hard to keep getting jobs because their activities are limited and people are required to work from home. 
From that many people started to learn Cryptocurrency, Bitcoin and other coins. They started to learn about profiting from this Crypto, and that got more and more people into Cryptocurrency.
And of course this has a big influence on Cryptocurrencies, Be it Bitcoin or other coins.

it could be said, covid 19 had an effect on bitcoin, because when the world economic pandemic began to collapse, the price of bitcoin began to fall, because the exchange of bitcoin to fiat currency would be very influential, because bitcoin and fiat currency always coexist, so if fiat currency starts to collapse, automatically the bitcoin exchange itself will have an effect too..

Maybe the pandemic is a blessing I'm disguise in regards to btc and people paying attention to it! During the pandemic that resulted to a forceful lock down, many people lose their jobs, this situation also several to find comfort in online jobs and investment which has been very beneficial and helpful, thus I don't think Covid-19 will have any negative impact rather it will help people to look elsewhere.

from my observation, the pandemic may havenot  an impact on Bitcoin .but there is no such impact market for extraordinary market behavior in the next 1-3 years where btc. can get a new ath this year.
but if next year the covid pandemic is not over, bitcoin may fall again because the world economy will definitely be more difficult than the previous 2 years

Ofcourse
I do believe that COVID-19 affected everyone especially bitcoins. But it was more or so positive. At the end of the day people had to rely on more non traditional things and bitcoins and other cryptocurrencies were one of them.
- There were more options available for everyone to do online jobs, to gamble online, to pay international fee etc. When it came to cryptocurrencies like bitcoins.
At the same time during the quarantine many governmental bodies started introducing crypto gambling and started legalizing them, ofcourse there was a huge tax involved but at the end something is better than nothing.
I do think that covid-19 had a positive effect on bitcoins and other cryptocurrencies, it made people realize what really important is.

this pandemic has forced many people to stay at home and without a job, I think as people have to stay at home because of the lockdowns and without a job a lot of people started looking for more ways to have money in and bitcoin must have been way that many people found from investments, and also many news channels started talking about bitcoin in this time of pandemic which created more exposure


all countries in the world are vaccinating a lot and this will allow life to return to normal next year

It's true that Bitcoin's movement will not be affected by COVID-19, even if we pay attention to it since COVID-19 came, Bitcoin price is increasing
in price. This year alone the price of Bitcoin can reach prices above $60k, even though COVID-19 is not over. This means that Bitcoin price movements
are not affected by COVID-19, because from the start Bitcoin has moved based on supply and demand, that's what makes Bitcoin able to survive
in a pandemic situation like now. Even COVID-19 made the economy crash, so I agree some people put off their intention to buy Bitcoin. Whereas
with Bitcoin's excellent performance in the current situation, everyone should be forced to buy Bitcoin with the extra money they have. So that
in the future, they can get a big profit from Bitcoin.

In my opinion i think covid is the reason for bitcoin total hype in 2021. I think only best thing happen in the world in this covid which is bitcoin hype. Lots of people i mean alot of people introduced themself with bitcoin in this pandemic. Maximum of people’s reason they lost their job now they want a place Where they can invest their money they can't depend on stock market because of pandemic the company status is not good. So stock market quite risky. That's why they comes into bitcoin. Plus there had some biggest influencers who influence people to introduced themself with bitcoin.

So i think covid brings posetive effect for bitcoin still.

Indeed, Covid-19 has certainly had a positive impact on the price of Bitcoin. As like jobless people jobholders are also joined with Bitcoin because of Covid-19. After the 3rd halving of Bitcoin, everyone thought that the price would not increase much this year because of the Corona epidemic, which threatened a global economic downturn. But the opposite happened, most investors turned to Bitcoin to protect their investments from inflation, which resulted in Bitcoin's marketcap rising to 600+ US dollars in January this year.

Actually, this pandemic period was very good for Bitcoin at first. Because there was a lockdown and people were at home. They wanted some new adventures and that's when they met Bitcoin. People started to invest into Bitcoin and there was a very high demand back then. And this reflected on Bitcoin price very positively. We witnessed even a new ATH.

Bitcoin can be a helper during a pandemic. where the current world conditions limit the activities of many people, in this case it also affects the economy of many people out there. Many people are looking for alternatives to make money without having to leave the house or meet the crowd. And what they are looking for is Bitcoin.

Bitcoin was never stable. And the virus won't be effecting bitcoin in any way (other than the price. The first crash we saw during early pandemic days was because of people panic selling). You second statement contradicts the first one....

Lol, no one would worry about bitcoin. Everyone would be worrying about "the pandemic having no end".
Eventually more people will be using Bitcoin or at least invest in bitcoin at one point of their live. Doesn't matter if there is a pandemic or not.

Covid-19 affected Bitcoin and it was positively. While there was lockdown, Bitcoin proved to solve that financial challenge that had to do with exchanging paper money (and possibly spreading the virus). I think this has been discoursed on this forum though. Search and find that thread for more answers.

Despite the economic losses around the world, we still managed to have extra ordinary events in the crypto industry where we managed to have the most ATH in bitcoin history a few months ago. Right now we might not have that highest price anymore but still we are at the high price where we don't have such scenery last year. Now that the price seems to stabilize at that high, we can proudly say that bitcoins price has nothing to do with the pandemic or any variants that it would bring in the future. it doesn't affect it in any negative way.

When covid-19 was discovered, there was some panic in the field at first, but it eventually led to a more positive trend. During this period people may lose their jobs and stay at home most of the time. There will be more time to learn about it and invest in it. If they see Bitcoin can be a new way to make money, they will use Bitcoin. Many companies and institutions also started investing in Bitcoin during this period, so this is indeed positive for Bitcoin.

There's a negative and positive effect to Bitcoin. First people sell a lot of Bitcoins due to the crash of the economy and lockdown, second is the investment of a lot of people to Bitcoin and other cryptocurrency because of the lock down, people look for alternative ways of earning and choose to invest in trading since we can all trade or enter market by using internet.

That scenario will works if people can accept bitcoin and want to try to make money from bitcoin to solve their financial problems.
However, people out there still do not accept bitcoin instead worry about seeing the price fluctuate and think that the risk is too big for them.
If they can search for more information about how to use bitcoin properly or how to make money from it, they will amaze because they can work and earn bitcoin or altcoin and convert it into their fiat money.
They do not have to leave their home and they can use their mobile phone to make money from crypto.

Despite the negative impact of selling a lot of bitcoin but no the price did not fall like the price last year but the decline due to the market correction from reaching ATH, the pandemic situation did not have a bad impact on crypto but on the contrary many gold investors have turned to cryptocurrency investments.

In my opinion, i don't think that the pandemic has effect on bitcoin, even if it has, I don't think it's that significant. My reason for saying this is, because when I see it, bitcoin price started to increase really high on March, and at that time the pandemic had happened. In fact, march is the month where the first covid-19 cases appeared in my country. So, if pandemic affect bitcoin negatively, of course it won't made the price go up. Meanwhile, there's no proof that the pandemic affect bitcoin positively as well. As far as I know, one of the factors why bitcoin price suddenly went up is due to tesla, elon musk and other influencers.
However, if the pandemic never end, and people economic or financial condition got even worse, of course it will affect bitcoin. People will be forced to sell their btc to live, or they can't even think about investing anymore, even surviving is hard enough. But if the pandemic never end but people adjust or adapt with it already, I believed that it won't be any problem.

I think Covid-19 had a affect on Bitcoin but not like we expected because I expected Bitcoin to suffer from the pandemic but the opposite happened we had a new ATH in the pandemic and I have no explanation why that happened. Maybe people where worried about a economic crisis triggered by the pandemic?

You're kind of wrong that Bitcoin will be something that could be source of income, OP and please back your 50% statistics that people are gonna look for and invest in it. They are not gonna risk  their money during pandemic just to get losses again.  Even if there are SCs, it is not reliable and stable to carry their needs monthly.

I agree.

During this pandemic, bitcoin becomes more widely known all over the parts of the globe. People have been concentrated on using technology such as the Internet and mobile phone due to safety measures imposed such as lockdowns, wherein people aren't allowed to go out if it isn't for essential purposes. With this, bitcoin users expanded during this crisis. A lot of investors have entered the world of cryptocurrency which I can say is a positive thing for our community because there is higher demand that can cause bitcoin's value to pump.

Regardless of the circumstance, bitcoin will continue to thrive as long as there are investors in the market. Given its limited supply, bitcoin's value will continue to soar in the next months and years. Of course, we still have to be reminded that bitcoin is volatile so always dyor and tayor to avoid losses. I believe this pandemic will soon be over the moment we achieve herd immunity. The discipline of the citizens and proper governance are a must to combat this virus.

And yeah, I totally agree that not everyone will participate in bitcoin investments, trading, and other opportunities because not everyone has the same perspective about it in the first place. Although what I know for sure is that this covid-19 pandemic paved way for more exposure and promotion of bitcoin to the majority. All they have to do is research and study its nature, then, they will discover a lot of benefits it holds.

Even though bitcoin remains stable during this pandemic, i think the covid-19 pandemic is affecting bitcoin. you can see for yourself that since 2020 the price of bitcoin has increased continuously. plus regulations from the government to work at home and reduce activities outside the home, even some people lose their jobs. this certainly makes some people look for activities that they can do at home and of course produce like this bitcoin investment. therefore the covid-19 pandemic has an effect on bitcoin.

Given how we changed our ways of working during the pandemic, I think that bitcoin did affect bitcoin, it's no coincidence that the big pump have gone up during the pandemic. Although it's not the only factor but it's still affected bitcoin.

world is affected and bitcoin had its first blood back in march 2020 , but faster recovery happens and this even made more high rewards than any investment in the world.
this climbs more than 100% from the lowest it goes last yeah.

maybe this thread asked too late and there is no even appropriate situation that can relate to covid19 and bitcoin now.

i think it does have an effect in bitcoins and the effect can be good and bad  .  good because theres people that get involved lately because their life gets affected by the virus and bad baecause there are btc users that quits or sells their btc for some wealth because they got devasted by the virus .
btc will still be the same even if pandemic ends or not and yes not all people got involved in btc .

In my opinion, Covid-19  has had a positive impact on Bitcoin. The covid- 19 has caused worldwide stagnation, and in almost every case there has been a massive contraction in trade. As a result, people are investing their lazy money in cryptocurrencies, which are increasing the value of other cryptocurrencies, including Bitcoin. Moreover, in this critical time of the world, investing in cryptocurrency is being considered a safe and secure means. So in my opinion the Covid-19 situation has turned out to be a blessing for Bitcoin.

I think it does have an effect but it does not directly affect bitcoin. Since everyone is adviced to stay at home due to the pandemic and the virus evolving into a more fatal one, investors have now more time to focus and analyze their investment. Some was able to spend most of their time during the lockdown mining and a significant change happened when the quarantine started last year wherein bitcoin was able to achieve consecutive new all time highs. The pandemic is a blessing in disguise yet it is still a nightmare for many specially those who are just barely surviving each day so let us not hope for the pandemic to last longer, we're all not in the same boat.

Covid-19 affected globally on every physical business but that impact has already affect on bitcoin. Because of global crisis many people have decided to sell their asset for operating their daily life where most of the organization cutoff the salary of the employees. So people sell their bitcoin even in a lower price than expectaion.

This theory could actually be reversed, where we know that the price of Bitcoin reached its highest peak during the pandemic, even this is 3x the previous ATH. Everyone doesn't want to sell Bitcoin at a cheap price, they tend to buy it during a pandemic with the aim of being able to make a profit within a certain period of time. This profit will be used to eat and buy daily necessities.
There are still many people who do not panic when they have Bitcoin, especially people who have known Bitcoin for a long time. In fact, many people are willing not to sell their Bitcoin for this reason it is more valuable.

The pandemic gave Bitcoin a major popularity boost especially during the lockdown. Bitcoin served as one of the one ways to make money even from the comfort of one's home amid the ravaging virus. To some it was their only means of survival of the survival because the restriction at that moment

although this covid-19 is a loss of people from all sides and economic loss of all countries btw this pandemic giving prosperity for btc lover because it’s highest rate hit in the covid-19 situation. so many benefited in the pandemic.

and market is stable in durning the pandemic situation. jobless people entering btc to earn money and i think people made a lot of transaction in btc.

On the first time that the pandemic have been announced and many countries have declared to state their countries into quarantine, many have panicked which have severely affected both crypto and stock market at the first week of the pandemic scenario. But as time goes by, crypto market have recovered so as Bitcoin who have dumped hard by that time is slowly going up for the reason that many of those who are into the stock market have transferred into the crypto market which affects the status of different crypto including Bitcoin itself. But as of now that pandemic is more than a year, Bitcoin still remains at the top with some dumps. But if this will continue further, we might see some effect on the status of Bitcoin given the circumstances caused by economic problem.

I don't think it's like that because if we look at the positive side of this pandemic, consciously or not, it will add interest from crypto itself so that crypto, especially bitcoin, actually benefits from this pandemic.
because we are just talking about facts when before the pandemic struck, if I'm not mistaken the price of bitcoin was only at $ 10k and after the pandemic hit the price of bitcoin shot up and not even bitcoin but altcoins also rose.
other than that, from what point of view do you think with this pandemic bitcoin will be very easy to pump?
when talking about bitcoin we certainly look at the decentralization and volatility that exists and to make a bitcoin pump it doesn't necessarily say pump is ready because this is very difficult.
apart from the fud and the negative news what makes you think to say that bitcoin is easy to pump?

Talking about a pattern for Bitcoin isn't making a lot of sense. I know you could show a graph now and tell me that in certain time intervals Bitcoin moves the same way again and again, but applying a pattern or trying to find a pattern for an unregulated area which has enormous potential impact on the global economy is just not reasonable.
Nobody knows what the regulatory environment will look like in 12 months from now, whether the banking lobby can achieve something that is bad for cryptocurrencies overall. We just don't know until our ideas and hopes become fact.

Covid19 has affected bitcoin bigtime. It made more publicity for bitcoin then ever before. A lot of people who were just ignoring it had to embrace it as they were left with not much options. But once people, though forcefully, got to it are becoming much more comfortable with it. so despite all the bad effects on the rest of the world, covid has some good impression on bitcoin and other crypto currencies..

How can you say so?

When the pandemic had started, yes it does have some price decline but it isnt really directly giving out some big impact or make out some crash but later months we did really able to reach up all time high's instead.

People are more aware on what are the things trending online due to quarantine restriction which does even more helps about the exposure or awareness of bitcoins existence.
Now, we are gradually increasing in price and also with adoption rate too which it isnt surprising as we do go ahead in future years to come.

Lets look at this from two angles, we have the short term timeframe and that of the long term. Rewind to last February to march that the pandemic still has a huge presence in the economy mostly because it was just becoming a reality as many previously doubted the existence of the virus.

As people began realizing the authenticity of the virus, they began to panic and this affect all market not just that of Bitcoin. Well you could say the cryptocurency market was one of the most affected but all that now doesn't matter since it's also at the top of the charts in assets that had the greatest recovering and gave their investors huge returns on investment.

The market slowly moved to the recovery path, but majority of the users who are into the market knew well about the growth and understood it as the right time to invest. But the job cuts, pandemic sufferings made the people suffer out of the financial crisis which didn't allowed people to invest at the bottom. Further when the market slowly progressed money was flown in by the new participants of the market.

The influence on Bitcoin can be seen from the price that continues to rise, due to high demand because during the pandemic many people lost their jobs so they turned to Crypto investments (making some people still trust their money to invest in Bitcoin). In addition, the security of investments or transactions through cryptocurrencies, especially Bitcoin, is considered quite guaranteed.

I can say that there's an impact in the market coz of pandemic since more people lost their job and prefer to stay at home for their safety, i know the question is " how they know bitcoin?". Of course its possible to happen especially if most of your time is on the internet during the pandemic., and what's on your mind is "how to earn money online".. I know for sure that's the common search of some people who are stuck up for how many months coz of pandemic which just to have an income. So it's not surprising why during pandemic crypto market really improving well that time and unti now..

you are obviously wrong here , because bitcoin does already been affected by the pandemic and if you did not noticed since last year.
bitcoin price increase more than x10 just because of the pandemic and people around the world turns into bitcoin from fiat being afraid that economic crisis will happen from the pandemic effect.
yes and people wants assurance and they found that in bitcoin or other crypto than banking and fiat.

Bitcoin have proven long ago that the covid-19 don't have a negative impact on it price right from the early cases of the virus and if we check it only generate positive impact on Bitcoin market.

Is not what we thought about the market but it's how the crypto currency market are governed though every market are somehow volatile in there own way but crypto are highly volatile in nature.

Covid-19 has greatly affected the price of bitcoin. This is evidenced by the price of bitcoin which has strengthened from $4k to $40k, even touching $60k. During the pandemic interest rates in banks experienced a large decline. This makes people buy bitcoin because it provides a bigger profit.

Does not make the basic reason to be associated with the destruction of bitcoin. So I don't think bitcoin points destroyed can't be linked to the covid 19 pandemic. If you look at the good side during the pandemic, more people are looking for side jobs online, and bitcoin can be an alternative.

Coronavirus has had a huge effect on the nascent industry of crypto currencies. We were already dealing with various issues, like regulations, liquidity. scams etc and this has just added to the list of worries. However new companies are building a lot of interesting products but there is still a lot of ambiguity surrounding Bitcoin even today. Though it can fairly be called a mainstream asset now, it is yet to be institutionalised. Governments all over the world need to take bold measures to regulate it and make it easier to buy / sell / hold Bitcoin. Till that happens, the crypto industry will continue to struggle amid all the uncertainty, which has been further highlighted by Corona situation. Hopefully, few years down the line, the change in narrative will be more of a positive one.

during the covid19 outbreak many large companies switched to bitcoin investment because their business plummeted and their hopes to take profit turned to bitcoin or alcoin which has the potential like eth coin during covid the price of bitcoin began to rise dramatically.

Bitcoin  has ability and flexibility minded even it's affected by the Covid-19 pandemic but Bitcoins stand fast unstoppable an as you said they gave their investor a huge return on theirs investment and Bitcoins increase the price an recovered fast. Hoping this Bitcoins will still long live and never be down despite of any circumstances even if is but we're hoping to recover as fast .

The pandemic made a pretty big impact in my opinion, because many people were doing work at home when the pandemic forced many people to think more about looking for additional income and bitcoin is one of the options most people are interested in to earn extra short and long term income.
What I observed during the first year of the pandemic was that many of my friends and people in my neighborhood were very interested in bitcoin because it was profitable and did not take much time.

- It's a good idea to tell your friends early on how important the damage levels and manageability will be when this is an oasis filled with precious heritage but it also has no shortage of dangerous animals, newbies with bad moves and jumping into marked areas of risk will be desperate and floundering. The pandemic is a seed of investment opportunity when most of the key sectors have been greatly reduced, people can only ask for help in profitable investments such as gold, bitcoin and some stock center, the value of bitcoin can go up quite high from this point of view

On the eve of Corona, most of the people in the world are living a very miserable life, many people are focusing more on indirect income. Bitcoin is the most important means of passive income. I think the importance and use of Bitcoin has increased a lot more than before because of the  Corona epidemic.

Covid has positively affected Bitcoin.

 At the height of the pandemic, WHO, CDC advised folks to reduced handling of conventional money, banking transactions, and automatic teller machine (ATM) transactions were brought to a halt to avoid spreading viruses via contact. At this time bitcoin became the most available online money enabling a more secure transaction process as online shopping exploded.

Also because almost every country in the world was locked down and people were advised to sit at home, people had more time to surf the net and watch the news, and as a result also because cryptocurrency and btc is revolutionary and the future, a lot of persons got to find out and hear about btc during this time frame.

Yes it is true that volatility is unpredictable, market movements can change at any time, but since the pandemic the trend of bitcoin enthusiasts has increased significantly which indicates that some people or investors are looking for an alternative by investing in bitcoin to earn income when the world economy is unstable, so I think The pandemic has had little impact on bitcoin.

Can you tell me know how can you earn bitcoin all of sudden ? Even in pandemic, some people might get temporary online jobs which paid in bitcoin but there were only for those who had the certain skill. It is not possible that you know about bitcoin and the next day, the bitcoin will come in your wallet.

For earning you need to have a skill or a job, then then you can get the payment either in fiat or in bitcoins.

The covid-19 shake the economy of the entire world. It fell bad affect all kinds of currencies including traditional currency, plastic money, E-money, and digital currency also. The fall of digital currency started at beginning of the covid-19 last year 2020. It crashed not only bitcoin but also all sub coins. All communities and traders that work on digital currency faced great losses due to covid -19.

Covid-19 provides an opportunity for people to further deepen their knowledge about bitcoin, because they have to quarantine and not be patient. they started investing in bitcoin because it can be done very easily, because they only need an internet connection to access it.

Coupled with the stimulus funds provided by the government which are used to enter bitcoin investments. Bitcoin is increasingly in demand so the price continues to rise and is able to reach new ATH during this pandemic.

Bitcoin adoption also continues to emerge which proves that bitcoin has a lot of fans.

I could see the positive impact of the pandemic in the growth of Bitcoin since 2020. If we'll look at the previous price of Bitcoin, we'll see how it increased because more investors have switched to it over other investments. People are now focused on digital currency since we're mostly doing transactions online. I believe that as the pandemic affects Bitcoin positively, it could also benefit the people who are affected by the pandemic in return.

Others may disagree, but from what I have seen so far, the Bitcoin market has behaved in synch with the other markets in mainstream economy (stock markets, bullion, real estate.etc). When the markets crashed in March-April last year, the Bitcoin prices also collapsed (although it recovered to previous levels, around the same time the recovery occurred for the mainstream markets). So it will be wrong to say that COVID didn't had any impact on the Bitcoin prices. If the stock markets were impacted by the pandemic, then cryptocurrency market was also affected. 

The pandemic affected Bitcoin price as it did to the stock market. Bitcoin dumped significantly in march 2020 weeks after stock market crashed too.
 Online shopping exploded? How many businesses in your local community accept bitcoin as a means of payment or have a bitcoin ATM at their disposal?

That depends on what you mean by the pandemic being resolved, it is unlikely that it is going to get any worse than what already is and if that is the case then I do not really see any of the two scenarios that you are suggesting happen, bitcoin is is going to move according to its own dynamics.

However if things get any worse then it is going to be interesting to see what will happen, personally I think we are seeing the governments losing control of the economy already and if things got worse then it is fair to assume that they are going to lose control even faster, and under those circumstances people are going to try to find a way to save themselves from that instability and in my opinion many people are going to choose bitcoin in order to protect themselves from such event.

you have to be able to distinguish between the global economy and what is happening in crypto, these are two different things and I think it would not make sense to relate the crypto market, specifically to bitcoin, to the declining global economy.
I talked about in the previous thread discussing the impact on crypto after the pandemic and if it relates directly to the global economy I don't think it will be in sync because the global economy is not directly connected to crypto, especially bitcoin.

Don't this conflict?
Stable and volatile?
Bitcoin prices will always be volatile well there is a pandemic or not.

Just go on, fortunately, Bitcoin is not something that we need to do offline. SO, it may be many more people reaching here

Too high to expect for all people joining in Bitcoin.

if we say covid 19 has no impact on bitcoin then that's a big mistake...

the price of bitcoin has increased and made new ath when this pandemic is still heating up and makes many people wonder and ask why? even many companies and entrepreneurs make bitcoin their safe haven. Bitcoin is purely a decentralized asset, the pandemic has not troubled bitcoin at all.

It can't deny that it was affecting the market but not in a negative way. In fact, as we can see the demand for Bitcoin keeps increasing which means that despite the crisis challenge that this pandemic brought us but people still have the courage to invest. This Covid -19 encouraging people to make use of the internet to make money and that is how they were seeing Bitcoin as an opportunity.

You're right, because the Corona epidemic is causing most people to lose their jobs and spend their days in lockdown. As a result, people are becoming more and more attached to online passive income and the popularity and acceptance of Bitcoin is increasing day by day.

With my knowledge, it was not affected till now.Because in the pandemic situation, the price of bitcoin had reached the all time high value.Nearly 70 percentage of world population are youngsters and 90 percentage of them had their investment in bitcoin or in any other crypto currency. This is reason for the huge pump in bitcoin price.

With all due respect, are you serious? Bitcoin is absolutely tied to the global economy, like a 100% tied to the global economy. The global economy and its current state is the reason why Bitcoin came into existence, but as we have seen during the pandemic Bitcoin moves exactly the same way the rest of the global market also moves. When everything crashes, Bitcoin crashes as well. Check the charts mate. Some here are talking about a hedge, but what do you need a hedge for if you can't pay your rent or your food? What does Bitcoin even help you when a virus is going around the whole globe?