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Author Topic: Did Covid19 effected bitcoin positive or negative?  (Read 1089 times)
Luzin
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December 06, 2020, 11:38:53 AM
 #101

will still follow its positive trends if large companies continue to enter it until governments in various countries recognize it
If you look at the regulatory phenomenon around the world, I think they actually know. You can see it here https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory. However, some countries do intentionally prohibit, legally within limits and legalize it. They have different thoughts, because currently there is no possible regulation of the agreement between the two countries.

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lulumiya
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December 06, 2020, 11:47:32 AM
 #102

covid-19 has had a positive impact on the crypto money market and continues to do so. At this time, people are looking to invest more. We can say that this increases the prices.

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December 06, 2020, 01:15:19 PM
 #103

I think Covid-19 has had a positive impact on bitcoin, the price of bitcoin dropped in the early days of the coronavirus attack but it recovered very quickly. Did you notice, Bitcoin prices continue to rise despite the Corona outbreak? Now the price of Bitcoin has reached new ATH despite the Corona outbreak around the world.
Yeah it is because some of businesses are need to close temporary because of pandemic and some of those who works are needs some funds to support them selves from the financial problem that we need on our daily needs , as of me i don't have work at the moment so i get so funds from selling bitcoins maybe some of them are starting selling their coins too for money for some daily needs that needs to be done, and now people are recovering that now bitcoin is highly price though.
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December 06, 2020, 01:17:05 PM
 #104

The price of Bitcoin has risen further since the coronavirus outbreak, and the price of Bitcoin has not risen as much over the past two years as it has this year. The coronavirus has also led to an increase in Bitcoin users, who have been on home quarantine for months, and people in countries where cities have been locked up have had the opportunity to learn about Bitcoin during this leisure time, and many have invested on Bitcoin. So, I think the attack of coronavirus was not able to stop the speed of biopsy.

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December 06, 2020, 01:37:42 PM
 #105

I think, the pandemic has a positive effect in bitcoin because during the quarantine period, many people are inside their house and they can only use internet and gadgets to know about everything including cryptocurrency. Because of these circumstances, many people choose to work online just to survive hard times. Covid 19 became a way for others to learn and start using bitcoin to make money. This pandemic has increased the demand for bitcoin and many rich people are also now attracted to invest in it due to the positive output from bitcoin towards the community.

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December 06, 2020, 02:07:14 PM
 #106

The price of Bitcoin has risen further since the coronavirus outbreak, and the price of Bitcoin has not risen as much over the past two years as it has this year. The coronavirus has also led to an increase in Bitcoin users, who have been on home quarantine for months, and people in countries where cities have been locked up have had the opportunity to learn about Bitcoin during this leisure time, and many have invested on Bitcoin. So, I think the attack of coronavirus was not able to stop the speed of biopsy.
This is also what Im thinking because people is home only they need to find a job and that is online and maybe majority of them are fount the bitcoin and they start investing and trade so the value of the price rise.

This outbreak helps us to up the bitcoin again but suddenly there is a lot of people died so corona virus have good and bad effects for the people.

They have chance also because of the Pandemic others sold their coins because they need money for their daily needs but majority of the result of outbreaks to the bitcoin is good.
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December 06, 2020, 02:30:54 PM
 #107

apparently positively effected. Although it fell to $ 3000 in panic at first, it now goes up to 19800. Perhaps such a rise would not have happened without covid-19.

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December 06, 2020, 02:36:02 PM
 #108

covid-19 has had a positive impact on the crypto money market and continues to do so. At this time, people are looking to invest more. We can say that this increases the prices.

With more people who shown their interest to invest the market seen a good rise in value, with this virus people's fear lead them to find alternative

ways to invest their money, one good place that they've found is this crypto market, where they have chances to earn if they start to study and learn

the process. That's effect the entire market as there are many newcomers to start investing.
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December 06, 2020, 07:15:18 PM
 #109

apparently positively effected. Although it fell to $ 3000 in panic at first, it now goes up to 19800. Perhaps such a rise would not have happened without covid-19.
all can have different opinions and that's okay to add to the insight that we continue to update.
maybe I don't agree with you, friend, about the covid-19 that you say affects bitcoin. Before the outbreak of the Covid-19 pandemic, bitcoin from 2018 had indeed decreased and it is clear that it has nothing to do directly with Covid-19. Likewise about this increase, whether due to the influence of Covid-19, I think it is too risky to say that.

Bitcoin and pandemic do not directly affect each other because they are clearly different, maybe people say that with the pandemic people stay at home and continue to be more active in crypto, I don't think so. because people are already troubled by a pandemic and the need to be prepared for everything has made them confused. only those that are well established may not be directly affected by the pandemic and can do things more at ease.

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