Isn't this the best time for Bitcoin?

[jhonjhon]

Everyone has the struggles this time and putting themselves into the risk investment will never be their first option to take (maybe later).
We could think that Bitcoin adoption will become stronger as people will most likely go online system but it was a big opposite to look at because of some reasons. It could be in the realization that Bitcoin is not meant for everybody, the risk involves holds them and they never took this as an opportunity.

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[CaVO32]

Everyone has the struggles this time and putting themselves into the risk investment will never be their first option to take (maybe later).
We could think that Bitcoin adoption will become stronger as people will most likely go online system but it was a big opposite to look at because of some reasons. It could be in the realization that Bitcoin is not meant for everybody, the risk involves holds them and they never took this as an opportunity.

Bitcoin is not for everybody especially those who are hesitant to touch it. many are in doubt because of the price volatility and all the negative news surrounding it like hacking incidents and scammers. but if they will truly learn what bitcoin or crypto is, they will not bother those negative news because they will know how to avoid those scammers and how to keep safe their portfolio. But for noncrypto users, there is no best time or right time, as long as they are ready to be involved, it is always the best time for them. don't push others to get involved as it will not bring good results, they just might hate it. so it is really up to them when they want to learn bitcoin.

[Kelvinid]

Bitcoin and crypto adoption isn't going faster. People are still considering the volatility of the crypto market and make them feel not safe.
The lockdown, the limited access to the local market that we have experienced isn't enough to push them to pursue the adoption it is because isn't crypto alone have its solution. A lot of online services system that gives them an option to take just credit ad debit card, some of us are using these things before crypto. To finally say, Bitcoin adoption will come in a moment but not all of us are looking to that at this time.

[gundala]

But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.

We know that the adoption of BTC and other cryptocurrency has not been too broad, so the scale is very limited. Payment with cryptocurrency is not very effective at this time. If the aim is to reduce direct contact when using cash, then the most appropriate choice is to use e-money, many services can be chosen such as PayPal. The adoption is wider and many are making e-money as an alternative payment.
There will be times when bitcoin becomes the most effective choice, but not for now. IMO, now the transition from cash to digital money, then eventually the time will turn to cryptocurrency.

[Assface16678]

While there is a pandemic outbreak coronavirus spreading many people getting affected rapidly and some of them warns other people to avoid too much attached to the things because today the virus is not only can transfer through physical contact but today the virus already involve and it is airborne now and can be last long up to 13 minds in the air and can be attached now on the things we have and one of these is the physical money and ATMs because the money comes from different people and pass through buying some things and received transfer again by repeated cycle so the money is dirty and sometimes we don't have much time to disinfect our money, also the atm are dirty too because there are a lot of people touching this machine and making some withdraw. So before you touch these things it is better to disinfect first.

[Latviand]

In a time of crisis where coronavirus can be easily spread and may infect anyone, online transactions are the best option. Contactless payment through Bitcoin is always the best option. Cash that is being handed from one person to another continuously then virus can also be handed and pass it from one person to another. Bitcoins and cryptocurrency are digital that means it is appropriate and necessary nowadays. With bitcoins, we can avoid the spread of the virus because it is digital and it will not be necessary for us to have the physical coin for transactions.

However, there are also another method of cashless payment. E-banking system.

Many of us here really prefer to use digital payment in any transaction as it is less hassle and faster nowadays. Plus, during this pandemic, it is safer to use online payments rather than touching a physical money that can also be infected by the virus. The fiat that we are holding can be passed from another person from time to time so probably, physical money are very dirty and you don't know when was your money come out of.

Bitcoin is really good and fast when it comes to transaction you just really need to have a platform where you can use it comfortably. This bitcoin can minimize the rate of transmission of the virus in the world because physical money will temporary be down because of the threat and risk brought by the virus in our country.

[online73]

Hello everybody. For any manipulative system, including Bitcoin, the financial crisis is the best time for a new impulse. Of course, when using cash becomes unsafe due to a pandemic, non-cash payment methods come to the fore. I think if quarantine lasts for another couple of months, it's time to think about the widespread use of cryptocurrency. Crises are becoming more global and causing more and more damage to the economies of various countries. Only cryptocurrency can replace the old, rotten financial system in which the rich get richer and the poor get poorer with a healthier financial system that meets the needs of all segments of the population.

[Utoy101]

Sadly, the world is in a state of islolation, probably the first time ever?

But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.

Stay safe, Stay home
Thank you.

You said the first time ever, you're right cause since the inception of bitcoin, this is the first time the world is going on such lockdown and looking at the precautives measures given by the world Health Organization WHO, to help prevent the spread and infection of of COVID19, avoiding paper money to certain extent is part of it but what most cryptocurrency believers don't understand is that bitcoin is not a primary currency to anyone even the enthusiasts as the flexibility it offers is still still a maych to the FIAT because most of our bill payments are still in FIAT and as such, it's makes bitcoin and other cryptocurrency an after thought currency and after though currencies do well when the world is flourishing not when everyone is trying to survive

[Sadlife]

Bitcoin will dominate as the best asset in this financial crisis as we've seen banks and central authority can freely manipulate value and print money whenever they like even some stock market exchange where prohibited from selling by the government. This is not how free market and free money works, this pandemic and economic crisis will prove Bitcoin is way better in payments and as an asset.

[MicroGuy]

Bitcoin will dominate as the best asset in this financial crisis as we've seen banks and central authority can freely manipulate value and print money whenever they like even some stock market exchange where prohibited from selling by the government. This is not how free market and free money works, this pandemic and economic crisis will prove Bitcoin is way better in payments and as an asset.

I agree just as the automobile was better than the horse and carriage. But eventually, people will grow tired of the Model T.

[dcybergeek]

Trying to time the market is a bad idea, and will end up eating at your brain. The easy answer is to do dollar cost averaging, buy every pay day a set amount, and do this for a few years. This way you buy when it is high and you buy 'more' when it is low. This is one of the most common and successful investment strategies I am aware of for BTC.

[CoinFoxs]

Why would someone choose bitcoins to make payments if he/she has more cheap and fast methods of paying? There are many platforms which are a being used by many people to make transactions and I think people have not yet adopted btc to pay for the services because other methods like PayPal and credit cards ets are more convenient.

[azmirihaque]

It is right that people are concerning on digital payment system. In this case Banks have introduced digital banking system, like online banking, mobile banking, internet banking, debit card, credit card etc. through which people can transfer, receive and make payment of money. Bitcoin is also used in such case for specific sectors. In this pandemic situation, demand of these currencies is increasing continuously. The best timefor bitcoin will come when all the countries will permit it and all the people of the world will unanimously receive it.

[thesmallgod]

Unless your are living where local store accept payment directly in bitcoin, there are limited things you can buy with crypto and this is exactly reason why we are all clamouring for more massive adoption. Take for instance, during the pandemic items such as sanitary material facemask are always required for use and are selling fast. Such materials when you ordered for it online through international shopping site might not get to you easily. However, there are other digital currencies are more widely accepted which can serve same purpose such as PayPal

[Debonaire217]

Perhaps, most of the people who use physical fiat cash transaction migrated to their respective digital bank transactions. But for me, it is a good time to spread the word about bitcoin. Not all of the people have opened their bank accounts so we can still convince maybe 3 out of 5 people to try bitcoin out because at this time, it is dangerous to transact with cash physically as it can be a medium for spreading the virus.

Believe me or not, I have my relatives who wash their cash and what I did, is to ask them to use cryptocurrency. Even if they didn't use it, I have proposed a solution for them to think about later.

[yohananaomi]

Perhaps, most of the people who use physical fiat cash transaction migrated to their respective digital bank transactions. But for me, it is a good time to spread the word about bitcoin. Not all of the people have opened their bank accounts so we can still convince maybe 3 out of 5 people to try bitcoin out because at this time, it is dangerous to transact with cash physically as it can be a medium for spreading the virus.

Believe me or not, I have my relatives who wash their cash and what I did, is to ask them to use cryptocurrency. Even if they didn't use it, I have proposed a solution for them to think about later.

what you say is the reality that has happened, someone has been hit by a corona pandemic because of transactions with banknotes when shopping. He admitted that he had never been out in order to carry out any activities and just stayed at home. but he goes shopping every morning to buy the necessities of the house and conduct transactions with banknotes. He believes that he is infected because of the transaction with banknotes.

I agree with you that the time is right to introduce more people to bitcoin. because transactions are done with bitcoin through online transactions. but there are separate obstacles for countries that cannot yet accept bitoin as a legitimate transaction. like in my country bitcoin is not recognized and can be used for transactions.

in fact, it is now mushrooming in every country about digital money, and this is now used as the most proposed transaction for security from transmission. so bitcoin must be exchanged for fiat and just buy digital money.

[MCobian]

In my opinion in a situation like now Bitcoin will be more useful, and also the possibility of its popularity will increase. Because Bitcoin can
provide solutions for financial transactions without physical contact, so from a health perspective it's good. Indeed fiat is also now able to carry
out digital transactions, but Bitcoin is not a substitute for fiat. But rather as alternative payment, the more options for financial transactions
the better in my opinion.

[famososMuertos]

Currently bitcoin depends on a network of users who buy and sell, all they shareholders. Bitcoin has been empowered thanks to the fact that every day this network grows in confidence, so the best moment of bitcoin is in a certain way a reflection of each of those shareholders who invest and trust bitcoin, every day.

Bitcoin will grow in opportunities as its investors have the creativity to boost businesses, creating systems or ventures, sometimes challenging the traditional system.

Do not wait for the best moment of bitcoin, do in your day to day that best moment;  "pay you in bitcoin!" Yes, and not doing payments with debit/credit, transfer payment.

[HotRod4Life]

It's not the best time cause China is launching its governmental digital coin. That's it, guys. BTC will be the same as USD but digital and trackable. So no, it's not the fairytale time now for BTC

[CarnagexD]

Everyone has the struggles this time and putting themselves into the risk investment will never be their first option to take (maybe later).
We could think that Bitcoin adoption will become stronger as people will most likely go online system but it was a big opposite to look at because of some reasons. It could be in the realization that Bitcoin is not meant for everybody, the risk involves holds them and they never took this as an opportunity.

For me, it is also the best time to hold bitcoin, it is not only good as a payment tool for transactions but it is also good for a source of profit. Bitcoin is a reliable store of value just like Gold, the only difference is that bitcoin is a digital currency or asset and Gold is not. As recession is active and we are experiencing it right now, our economy will greatly affect those cryptocurrencies that we are using.

These struggles are not that easy to surpass or overcome because we have also different priorities just like handling this pandemic.

Bitcoin should be adopted by other people and this is the right time for them to invest on it because if its price goes high then they wasted the opportunity to have a profit.