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Author Topic: Eventful 2020, covid pandemic, btc swift run and more....  (Read 189 times)
malekbaba (OP)
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December 19, 2020, 03:38:07 AM
 #1

2020, people will never forget this eventful year. We saw pandemic Covid 19 infection, and bitcoin goes institutional on this year.
The time I am making this post, each btc worths 23k USD. Now we have big fishes, institutional investors, wall street folks into crypto ground. We saw nice bull run already and I think it will not be like 2017. Instead of speculation, we are seeing that institutional money have entered. Giants are investing good percentage of their portfolio into crypto.
I expect massive adoption of crypto and crypto will be best investment
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December 19, 2020, 06:24:40 AM
 #2

2020, people will never forget this eventful year. We saw pandemic Covid 19 infection, and bitcoin goes institutional on this year.
The time I am making this post, each btc worths 23k USD. Now we have big fishes, institutional investors, wall street folks into crypto ground. We saw nice bull run already and I think it will not be like 2017. Instead of speculation, we are seeing that institutional money have entered. Giants are investing good percentage of their portfolio into crypto.
I expect massive adoption of crypto and crypto will be best investment
This post of yours will be also part of nostalgic moments in the future if you ever want to look back at this date. And you forgot to include that bitcoin was in the bottom of $4900 on March 2020. I'll include the month and year for us to get back on this thread in the couple of years in the near future.
I agree that it's not the same as 2017 because big investors are here with us and it's not anymore a full blast of hype unlike the said year. Serious and smart money were already here. Being an asset that's too volatile, you can think of what positive things might happen in the future because the bankers are with us.

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December 19, 2020, 07:05:45 AM
 #3

No one seems to forget this year I guess. From covid and recession happened and even events like death of some renowned personalities have been witnessed. I know that is a hard struggle for everyone. But crypto industry seems to cope up with this hardship. The bull run that exhibit today's shows that blockchain industry are reshaping the future for a better lead. Some say bitcoin could go to 100k if that's happened then likely many will become rich and blockchain will likely succeed in more years to come.

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December 19, 2020, 09:57:32 AM
 #4

This has definitely been a black swan event with its typical pain in the short term and several opportunities in the long term. It has been really hard for a lot of small businesses that rely on direct contact like Supermarkets, retail stores, restaurants and hospitality businesses in general. Opportunities for online businesses have subsequently multiplied manifold.

As this year goes by, here is hoping that most of the world will be out of the pandemic and will recover. Post vaccinations and two waves, we can hope that the coming summer would be a bright one with people fulfilling all their restrained needs for going out, vacationing and having fun. Lets pray and hope for that.

As far as a crypto breakout is concerned, to be honest, I'd like it much better if the markets let me accumulate at least a single coin worth of assets first, LOL.
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December 19, 2020, 10:57:58 AM
 #5

2020, people will never forget this eventful year. We saw pandemic Covid 19 infection, and bitcoin goes institutional on this year.
The time I am making this post, each btc worths 23k USD. Now we have big fishes, institutional investors, wall street folks into crypto ground. We saw nice bull run already and I think it will not be like 2017. Instead of speculation, we are seeing that institutional money have entered. Giants are investing good percentage of their portfolio into crypto.
I expect massive adoption of crypto and crypto will be best investment

Yeah, I agree, who would have thought that the price will go and shoot to $23,500 two weeks before Christmas. When there was a lot of uncertainty last March when the Covid-19 situation and the price went down massively to $3k and over one is shouting that bitcoin is done and it is not an hedge to global economic downfall.

And now new all time highs are set, more money flowing it, altcoin market is also blooming led by Ethereum and XRP, lots of things happen this 2020.

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December 19, 2020, 11:04:24 AM
 #6

Mass adoption is still questionable. Crypto is now just a promising asset which create money passively for the people. There is no sign that crypto can change the world or give people a huge advantage from mass adoption. We are still many steps in order to change the system

Right now, just invest your money and wait for your portfolio to x10. Good luck

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December 22, 2020, 07:51:49 PM
 #7

Mass adoption is still questionable. Crypto is now just a promising asset which create money passively for the people. There is no sign that crypto can change the world or give people a huge advantage from mass adoption. We are still many steps in order to change the system

Right now, just invest your money and wait for your portfolio to x10. Good luck

Crypto is still immature, young. But it is growing. Now crypto attracts attention from institutional investors. In Recent years crypto shows promising result. People invested money and got good return. We are going towards mass adoption and the road is quite long and hard. We will be there, soon
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December 22, 2020, 09:15:25 PM
 #8

2020, people will never forget this eventful year. We saw pandemic Covid 19 infection, and bitcoin goes institutional on this year.
The time I am making this post, each btc worths 23k USD. Now we have big fishes, institutional investors, wall street folks into crypto ground. We saw nice bull run already and I think it will not be like 2017. Instead of speculation, we are seeing that institutional money have entered. Giants are investing good percentage of their portfolio into crypto.
I expect massive adoption of crypto and crypto will be best investment

I hope so, since world changes, crypto adaptation should be more realistic nowadays. Hope no more big scam or big hack happen in 2021, i hope we already learn from the past to handle such a thing.

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December 22, 2020, 11:28:47 PM
 #9

2020 was a very bad year for life in the world, cryptocurrency were also affected. But at the end of the year bitcoin rose by reaching new ath and altcoins also increased. It was a tough year but had the most beautiful gifts in bitcoin.
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December 23, 2020, 09:40:43 AM
 #10

Another event occurred in 2020 and that was Bitcoin halving. Of these events, Covid-19 has had the greatest impact on our daily lives.  A lot of people lost their jobs and stuck at home. However, the news of relief in all this is the bullrun of Bitcoin. However, the current price of Bitcoin would have been better for everyone if it had stayed a few more days.

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December 23, 2020, 09:51:43 AM
 #11

It will never be forgotten.
Staying home might be boring but if that's what will keep the family healthy then I'd rather pick the boring part.
I bet that is also one of the reasons why Bitcoin suddenly pumped at huge amounts.
People at their homes with their internet looking for a way to make money or invest with.
Bitcoin is one of those options and it had been easier thanks to Paypal. With their new feature, small investors can buy easier now.
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December 23, 2020, 10:11:05 AM
 #12

Its quite really a big event happened this year. Despite of the pandemic and all the banckruptcies around the world, economy fluctuating because of COVID-19. Hence, bitcoin surpass it and reach again 1M after 3 years. We did not expect that this will come especially in this time of pandemic because as we've seen in the news that every country is having a hard time to budget their money because they might lose it all and make their economy be at stake. Although this happened, bitcoin still proves us that this is really worth the time and effort and money.
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December 25, 2020, 08:59:40 PM
 #13

Yes, of course, the year was really very eventful for various events. There are a lot of changes happening in the crypto space and in the world as a whole. Just keep an eye on it. The crypto market is like a litmus test-it reacts to any events, because there is a human factor.
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January 08, 2021, 01:08:14 AM
 #14

Finally, we have another event into our basket. The thing started on 2020, We are now a part of btc ATH history. Btc was breaking own record since Oct 2020. Really 2020 was a year of crypto. We even witnessed btc halving on 2020. It was year for digital gold. Besides We fought against covid, started to make vaccin,
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January 08, 2021, 04:39:57 AM
 #15

2020 was full of memories that can't be forgotten in a hurry, especially with the pandemic cases, it literally took almost the whole part of 2020,
But 2021 though, started with bang from the crypto perspective, market looks more greener everyday, btc setting new ath every time, to me 2021 looks like it is going to be a good year for us all.

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January 17, 2021, 12:33:41 AM
 #16

Actually 2020 taught us something. We must not depend on single form of investment. We must have multiple options. Not only personal but nationally, we need to diversify our assets into many sectors. There are many countries, they rely on only one sector, like only farming, only upon garments, or tourism. But what if the main source of economy collapse? Along with fiat, crypto will also be a mainstream and 2020 taught us that, too.
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January 17, 2021, 08:35:00 AM
 #17

2020, people will never forget this eventful year. We saw pandemic Covid 19 infection, and bitcoin goes institutional on this year.
The time I am making this post, each btc worths 23k USD. Now we have big fishes, institutional investors, wall street folks into crypto ground. We saw nice bull run already and I think it will not be like 2017. Instead of speculation, we are seeing that institutional money have entered. Giants are investing good percentage of their portfolio into crypto.
I expect massive adoption of crypto and crypto will be best investment

Mass adoption is very big word for the bitcoin right now. I mean yes it is already in the main stream line of the transaction and investment world but consider it half operational for now. What i mean is, bitcoin has its own flaws while using it for the daily needs and for common usage. The events which you stated like pandemic, btc up surge etc is all after effects of people getting driven toward bitcoin for the sake of profits and also due to institutional investors. This is not full proof stuff yet. We face so many challenges everyday while using bitcoin, for example, hiked fees of transaction, bigger wait time and network congestion. If you want something to be mass adopted then it needs to be accepted by weakest and strongest both! We lack that confidence yet but sure we will have infra that can help mass adopt it. 
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January 17, 2021, 09:35:16 AM
 #18

2020 is the pinnacle of the plague, This year the COVID-19 outbreak spread to almost all over the world, resulting in people being unable to move due to Lockdown. This history is very important for the cryptocurrency world, because the lockdown imposed by the government made some people start learning about the crypto industry to increase their income. And now bitcoin has increased a lot, thus making investors' finances better than ever.

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January 17, 2021, 12:15:45 PM
 #19

Actually 2020 taught us something. We must not depend on single form of investment. We must have multiple options. Not only personal but nationally, we need to diversify our assets into many sectors. There are many countries, they rely on only one sector, like only farming, only upon garments, or tourism. But what if the main source of economy collapse? Along with fiat, crypto will also be a mainstream and 2020 taught us that, too.

Even without the pandemic outbreak, we should diversify our portfolio, it's just that 2020 taught us a valuable lesson. And talking about crypto, yes, its very eventual when the covid-19 news scare a lot of investors, including crypto, price went down so hard in the $3k'ish levels.

But we eventually get over it and before the end of the year, bitcoin goes on a new all time high, while some alts started to move as well. I'm also expecting that 2021 will be another eventful year for crypto enthusiast, we might see gets closer to adoption and more investors coming it to push the market to a levels we never thought was possible.
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