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Author Topic: The Importance of Bitcoin during the Pandemic  (Read 756 times)
roadrunnerjaiv2025
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August 30, 2020, 06:33:38 AM
 #101

Indeed, bitcoin has proved its resilience to a crisis like the pandemic, which has also shown the fragility of fiat currency as its value continues to drop. But be careful because it's during desperate situations where scammers are most active. You have to be careful who you trade with, sell to, or lend to. It would be best to keep holding on to your coins for a little bit longer since the uptrend hasn't changed yet.
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August 30, 2020, 06:44:20 AM
 #102

As the crypto market is much associated with the technology and the same being manipulative there is more chance of market crash during the pandemic. The reality happened in the opposite manner, and this made every bitcoin user benefit during the pandemic. Understanding this more new people have begun to start investing on bitcoin. In simple bitcoin has served as a life saver to most of the bitcoiners.

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August 30, 2020, 07:32:33 PM
 #103

Bitcoin is a famous and valuable digital currency in crypto world. Many hackers using it on their evil deeds,that's why many people says that bitcoin is useful for criminals and people involved with them. But despite that,bitcoins value keep on increasing and many others also said that bitcoin is important because of the technology that makes it work.

During this time that we are experiencing difficulties because of pandemic ,I can say that bitcoin is what we really need.Why? What is the importance of bitcoin now?
     >Bitcoin is so important during this time of pandemic that we need to take care of ourselves and for our families and loved ones to not be infected with the virus.

     >Bitcoin is intangible,you can't touch or handle it unlike fiat money that hold by different hands and it is prone to viruses.

     >Bitcoin serves as an instrument for online payments away from covid 19 and with the ability to transact internationally beyond the framework of financial regulation.

     >Millions of people have lost their job because of this pandemic. Why not use this bitcoin as a substitute to your work in order to earn money to sustain the needs of your family.
       I know  there are other ways to earn but in terms of safety from virus outside our home much better to earn money using bitcoin. Also,there are many ways to earn it.

   During this pandemic we need to: Stay at Home
                                                     Stay Safe
                                                     Stay Positive and Earn with Bitcoin


Not only Bitcoin, but crypto in general made lots of people to be interested more deeply in digital world, in Blockchain, in lots of opportunities they give for those people who stay at home because of any reason, or have to because of the quarantine, or may be it was their desire to change something in their lives and go into some other direction like online money making, investing or even trading. And this situation showed that crypto and BTC have lots of positive sides and preferences comparing with jobs in offices.
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August 30, 2020, 10:51:01 PM
 #104

I agree that now is the best time for crypto. More and more people began to think about buying bitcoin.
TimeTeller
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August 30, 2020, 10:58:58 PM
 #105

Indeed, bitcoin has proved its resilience to a crisis like the pandemic, which has also shown the fragility of fiat currency as its value continues to drop. But be careful because it's during desperate situations where scammers are most active. You have to be careful who you trade with, sell to, or lend to. It would be best to keep holding on to your coins for a little bit longer since the uptrend hasn't changed yet.

And with regards to that, the DeFi hype is taking the crypto by storm.
So people should really be extra careful in touching these projects.

But on the other note, bitcoin keeps on surviving even with this pandemic crisis.
And it shows to the world, the benefits of using cryptocurrency as payment method.
And now, let's hope that more people will adopt the world of crypto and also merchants that will add crypto in their payment system.

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October 10, 2020, 02:37:34 PM
 #106

There are many importance of BTC during the pandemic.
In this situation the first and foremost way of protect ourselves is stay home and work from home those who can.So BTC helps people to stay home and work in online and buy some to thing,pay for it through using it.The most
Important thing that I think, it's make an attachment,involvement and practise in online work that's
Make efficient manpower and people should know and like this way of use digital currency.

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October 10, 2020, 05:01:23 PM
 #107

Bitcoin is a famous and valuable digital currency in crypto world. Many hackers using it on their evil deeds,that's why many people says that bitcoin is useful for criminals and people involved with them. But despite that,bitcoins value keep on increasing and many others also said that bitcoin is important because of the technology that makes it work.

During this time that we are experiencing difficulties because of pandemic ,I can say that bitcoin is what we really need.Why? What is the importance of bitcoin now?
     >Bitcoin is so important during this time of pandemic that we need to take care of ourselves and for our families and loved ones to not be infected with the virus.

     >Bitcoin is intangible,you can't touch or handle it unlike fiat money that hold by different hands and it is prone to viruses.

     >Bitcoin serves as an instrument for online payments away from covid 19 and with the ability to transact internationally beyond the framework of financial regulation.

     >Millions of people have lost their job because of this pandemic. Why not use this bitcoin as a substitute to your work in order to earn money to sustain the needs of your family.
       I know  there are other ways to earn but in terms of safety from virus outside our home much better to earn money using bitcoin. Also,there are many ways to earn it.

   During this pandemic we need to: Stay at Home
                                                     Stay Safe
                                                     Stay Positive and Earn with Bitcoin


Not only Bitcoin, but crypto in general made lots of people to be interested more deeply in digital world, in Blockchain, in lots of opportunities they give for those people who stay at home because of any reason, or have to because of the quarantine, or may be it was their desire to change something in their lives and go into some other direction like online money making, investing or even trading. And this situation showed that crypto and BTC have lots of positive sides and preferences comparing with jobs in offices.

This pandemic doesn't brought drought to each and everyone finances but this hurdle of the world economic brought also people much closer to the possibility of welcoming cryptocurrency in their lives. I am lucky enough that i have been known this crypto before i am getting too late. This pandemic also affects the market values of cryptocurrencies fluctuations, dumped of prices but in counterpart of it it makes cryptocurrencies known by so many people and attract a lot investors.

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October 10, 2020, 05:11:54 PM
 #108

There are many importance of BTC during the pandemic.
In this situation the first and foremost way of protect ourselves is stay home and work from home those who can.So BTC helps people to stay home and work in online and buy some to thing,pay for it through using it.The most
Important thing that I think, it's make an attachment,involvement and practise in online work that's
Make efficient manpower and people should know and like this way of use digital currency.
Honestly speaking, it's hard to find a work that is related to cryptocurrency unless you are in here who are joining different campaigns to earn money, and besides, this can't be called a job.

Well, cryptocurrency really helps me during the pandemic because the rise of cryptocurrency is very unexpected. On that part, it serves great importance that we multiplied our money through it and saves us to endure the situation we are facing.

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October 10, 2020, 05:52:29 PM
 #109

I think it depends, because not everyone will easily earn with bitcoin other than that, those who work from home during this pandemic will at least still get paid by way of transfer, of course they will still use fiat for their income. For that reason, I think bitcoin will remain in its own portion, because even though many people currently work from home it doesn't guarantee they will immediately trade or invest in the cryptocurrency market, because this era is a digital era that I think banks and institutions and / or other companies have provided convenience with digital systems.


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October 10, 2020, 06:01:04 PM
 #110

There are many importance of BTC during the pandemic.
In this situation the first and foremost way of protect ourselves is stay home and work from home those who can.So BTC helps people to stay home and work in online and buy some to thing,pay for it through using it.The most
Important thing that I think, it's make an attachment,involvement and practise in online work that's
Make efficient manpower and people should know and like this way of use digital currency.

But working remotely from home, you will get not bitcoins but currency... I do not think that bitcoin can help ordinary people during a pandemic... It can help those who know how to trade on the exchange or those who have many bitcoins!

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GDragon
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October 10, 2020, 06:40:22 PM
 #111

I think it depends, because not everyone will easily earn with bitcoin other than that, those who work from home during this pandemic will at least still get paid by way of transfer, of course they will still use fiat for their income. For that reason, I think bitcoin will remain in its own portion, because even though many people currently work from home it doesn't guarantee they will immediately trade or invest in the cryptocurrency market, because this era is a digital era that I think banks and institutions and / or other companies have provided convenience with digital systems.

Same, I don't even see why the connection of bitcoin during the pandemic honestly. Just like what I've said before, people during these times are relying to online fiat banks. I'm into bitcoin but I never use it during my transfers while at home. We always choose what is efficient and because we lack adoption, online fiat is the efficient one for everyday use.

We can't also say that if someone is unemployed, he can get in to bitcoin right away, he should have a viable reason, and a high percentage of really earning. Cause what they need is a solid chance of earning, and they can't really get it here right away. We are lucky cause we have signature campaigns, but this will be not profitable for them as a job.

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October 14, 2020, 01:27:42 PM
 #112

There are many importance of BTC during the pandemic.
In this situation the first and foremost way of protect ourselves is stay home and work from home those who can.So BTC helps people to stay home and work in online and buy some to thing,pay for it through using it.The most
Important thing that I think, it's make an attachment,involvement and practise in online work that's
Make efficient manpower and people should know and like this way of use digital currency.

But working remotely from home, you will get not bitcoins but currency... I do not think that bitcoin can help ordinary people during a pandemic... It can help those who know how to trade on the exchange or those who have many bitcoins!

I agree, most of the people are not aware of what bitcoin is. The importance of bitcoin during this pandemic depends upon the cryptocurrency users. Non-cryptocurrency users may have a hard time in learning the how's of cryptocurrency. They can't just invest their money without proper knowledge hoping that it will return bigger. Another is I am not saying that bitcoin can't help these people but there's still a fiat money that can help us if we choose to work online though earning through bitcoins can be a great alternative source of income.

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October 14, 2020, 02:10:12 PM
 #113

There are many topics related with this thread, it seems like this pandemic has brought so many people active on cryptocurrency because of being jobless of many people nowadays and for them to still earned and have money to sustain their needs and wants, they still need to work and the best way for us to earn as of this day is through online, which we can see on cryptocurrency. There are many ways to earn in the crypto world.
+Mining
+Staking
+Lending
+Joining on some forum like this
+Investing
Trading

Things could be risky for every beginner, before they try some of each they should have good knowledge first.

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October 14, 2020, 02:46:47 PM
 #114

Bitcoin has helped really during this pandemic, particularly for installments over the fringes, and furthermore for other online installment. Individuals will experience such a trick on the off chance that they are an excess of insatiable with having any examination or exploration before putting away their cash simply like what occurred on Twitter defrauded. Digital currency Industry can be truly helpful since it can go about as another wellspring of money related help.
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October 14, 2020, 09:05:17 PM
 #115

Bitcoin played a role in investors wallet during the pandemic. During that period there was a constant rise in bitcoin value. And more people acquired enough coin which added value to their assets. Although they have been a recent fluctuation in price ratio lately nevertheless investment is only meant 4 the brave in heart and only opened to a many who sees risk as an opportunity. The pandemic was a big plus to many

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October 14, 2020, 11:56:18 PM
 #116

Those days are really frustrating, because the beginning days of pandemic was enjoyable as cash flow is good. Later when different types of lockdown got enforced, the money flow got low and the race for Life started. This is where I got into gamble, and the initial days were good. I wasn't able to keep up the win, and later somehow managed to move forward and the campaign earning played its role during the pandemic.

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October 14, 2020, 11:56:35 PM
 #117

We know what the Bitcoin is. So it is not needed to elaborate on this. If you want to know the importance then it can be said that the market value is getting bigger. Just take a look at Coinmarketcap. People are engaging in crypto during the pandemic because they can not do any physical activity of doing the job in the office. So people are investing in crypto to make a profit. That is the actual thing of Bitcoin and another cryptocurrency that there has a huge chance of getting profit in a short period, just need to know the tricks.

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October 15, 2020, 01:11:12 AM
 #118

~snip~

     >Millions of people have lost their job because of this pandemic. Why not use this bitcoin as a substitute to your work in order to earn money to sustain the needs of your family.
       I know  there are other ways to earn but in terms of safety from virus outside our home much better to earn money using bitcoin. Also,there are many ways to earn it.

The pandemic has changed the lifestyle of all people in the world, how to socialize and also economic activities, one of which is the spread of the virus through Fiat is very vulnerable, this is one of the reasons digital transactions are very important, especially during a pandemic, and sooner or later people will realize that transactions using cryptocurrency very important.

But I don't agree if you are looking for a job in cryptocurrency, if you don't have special skills about cryptocurrency or about IT it is very difficult to find a main job, while airdrops and bounty are only side jobs, so it can't be an option as your main job.
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October 15, 2020, 01:33:54 AM
 #119

During a global pandemic like today people spend more time at home than roaming in the streets.
I believe bitcoin can help many people who lose their jobs or have no income try to glance their fortune from bitcoin,
because they have no choice except to stay at home and try to invest, this option will be more safer
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