Bitcoin vs covid 19?

[Alert31]

Bitcoin is strong and it has already a great foundation after a couple of years and now the covid-19 continue to push people to use bitcoin not just as payment method but also as a source of income. Well, I think covid-19 will become the stepping stone of many people to adopt a digital currency and start investing in bitcoin where it can also push bitcoins value more higher in the near future.

[taufik123]

Of course there are positive or negative influencers of Covid-19 on bitcoin.
Some of the positive impacts that were felt after Covid spread and became a pandemic that never ended were the many investors who entered bitcoin to invest in it. Some of the sources of funds used were stimulus funds. Bitcoin has become an investment tool during the pandemic.

But we can't live with the covid pandemic forever. Of course this covid will end, even though one day Covid is no longer heard of, Bitcoin will still be a valuable digital currency and is in great demand by people. Much adoption will be made of bitcoin. Bitcoin is a valuable future asset.

[Yatsan]

The pricing of Bitcoin will might just be affected depending on what will be the response of the people right after having the vaccine and once the pandemic have been resolved already. But as of the moment that vaccines are already available and have been widely distributed and pandemic is still present, the current state of Bitcoin is still on the top based on the last recorded ATH it have attained this year so nothing is needed to be worried about. Let us just wait and see then what can possibly happen once the problem have already been settled because we certainly do not know if people will be pulling out of Bitcoin after this pandemic, well I guess they have no concrete reason to do that.

[Ausgewielt]

I think this pandemic only make people give more attention to online payment method include bitcoin. Sooner or later people will become cashless society. For now in my country, there are only rich people who use card to buy goods in mall or restaurant while ordinary people generally use cash. Just wait until Bitcoin and blockchain technology to become familiar for them, I think people will prefer to use cryptocurrency as payment method. I think the vaccine will not give any bad affect to bitcoin.

[Sithara007]

I think it will be the same. If there is news that the world is completely free from covid only with vaccines it is just fake news, it seems. Covid is very strong, even we have been living life with covid in the last 2 years.

Why do you think that it is fake news? In countries where the vaccination program is proceeding at a good pace, there have been a reduction in deaths due to COVID 19 by up to 98%. On the other hand, most of the deaths are now being reported from countries which have lagged behind in vaccination (Brazil, India, Mexico.etc). And one more thing.. increasingly younger people are dying of this virus, because most of the seniors have received vaccines by now.

[molsewid]

I think this pandemic only make people give more attention to online payment method include bitcoin. Sooner or later people will become cashless society. For now in my country, there are only rich people who use card to buy goods in mall or restaurant while ordinary people generally use cash. Just wait until Bitcoin and blockchain technology to become familiar for them, I think people will prefer to use cryptocurrency as payment method. I think the vaccine will not give any bad affect to bitcoin.

Which is precisely the positive thing that had happened in pandemic outbreak was peoplw arw being so engaged in online payment, seeking another way of slurce of income via online, investment etc. Actually there is no point connection between the progress of bitcoin in the market and covid 19 but because of the pandemic people were gathered online and here it started that people are developed the effectiveness and the value of bitcoin.

[777Jolami]

Exactly there is nothing in common between covid 19 and bitcoin, but the extensive development of bitcoin and crypto has shown the absolute value and efficiency of bitcoin and blockchain.  At the same time, it means that covid 19 is truly a spice to transform into a new financial, economic era -> a prosperous year for bitcoin lovers and I'm proud to be one of them.  the most wonderful things.

[GeorgeJohn]

I believe there would be not a direct relation between COVID19 plus vaccine and the bitcoins status. These two were of different categories so there would be a low to none chance that this covid would affect the value of bitcoin unless they made those vaccine to be sellable through bitcoins and would do large scale transaction which can affect bitcoin prices for a sudden.

Really your right because Bitcoin don't have anything to do with covid19, even though corona virus exist for three years it will not affect cryptocurrency, because crypto is digital currency weather rain or sun it will exist, what bitcoin really
need to exploits more and more is advert to the society so that young adults and old adults will known.

[Expecto]

With the recent launch of the Covid 19 vaccines, will it affect bitcoin, I assume that the Covid 19 vaccine will make the economy stabilize again, will this also affect bitcoin?  will bitcoin weaken or vice versa?

I don't think that it will affect Bitcoin badly. Because covid-19 has already helped Bitcoin to gain much more popularity. The demand has increased at an incredible rate. Even if we leave these days behind, Bitcoin has already had the wind at its back. So I don't expect things to change for Bitcoin.

[Rafiqul]

The Covid 19 virus epidemic has devastated the global economy, but has not had much of an impact on the cryptocurrency market. The crypto world is moving forward even in the midst of the ongoing epidemic. Now that the Covid 19 vaccine is on the market and the world economy is turning around again, I believe that the cryptocurrency will flourish faster.

[Sithara007]

The Covid 19 virus epidemic has devastated the global economy, but has not had much of an impact on the cryptocurrency market. The crypto world is moving forward even in the midst of the ongoing epidemic. Now that the Covid 19 vaccine is on the market and the world economy is turning around again, I believe that the cryptocurrency will flourish faster.

The pandemic itself may not be having much impact on the cryptocurrency market. But the stimulus measures taken by the governments had a huge impact. In fact I would say that alongside PayPal/Tesla adoption, the stimulus measures and payment of welfare checks also played a huge role in the latest Bitcoin rally. Take the case of US for example. A lot of people received the stimulus checks and many of them invested in stocks, Bitcoin or treasury bonds using that money.

[Lorence.xD]

Why do everything have to be connected to the price of bitcoin, I mean if there are subtle connection, we will know about it but I don:t see the vaccine rollout going to affect the price of bitcoin and if it ever does, I think that it will just be a coincidence.

[Banprox]

With the recent launch of the Covid 19 vaccines, will it affect bitcoin, I assume that the Covid 19 vaccine will make the economy stabilize again, will this also affect bitcoin?  will bitcoin weaken or vice versa?

I think that Covid 19 vaccine will not affect negative impact on bitcoin. Day by day every countries economy going to stable. Because of potential coin, i think more people will invest on bitcoin and its price gonna increase more. Because we know that more demand is the cause of price rising. I think bitcoin demand is increasing more.

[bandungan]

With the recent launch of the Covid 19 vaccines, will it affect bitcoin, I assume that the Covid 19 vaccine will make the economy stabilize again, will this also affect bitcoin?  will bitcoin weaken or vice versa?

It has been seen now that the launch of the vaccine has an impact on the economy which is starting to recover slowly, although only a few steps are taken. I am sure that if the Covic 19 vaccination goes well, the economy will definitely recover quickly, especially the cryptocurrency sector will be even better in the future, so we can be optimistic about this.

[elisabetheva]

It has been seen now that the launch of the vaccine has an impact on the economy which is starting to recover slowly, although only a few steps are taken. I am sure that if the Covic 19 vaccination goes well, the economy will definitely recover quickly, especially the cryptocurrency sector will be even better in the future, so we can be optimistic about this.

Broadly speaking, the crypto sector was not affected at all by the circumstances that occurred with the Covid pandemic itself. without covid and covid crypto will continue by itself and remain good. even if there is influence, the possibility is very small.

it is true that even though the vaccine does not heal itself from the covid pandemic. but the effect that occurs is quite significant because transmission is somewhat reduced, especially for health workers, which is very important, because if they are sick, many will be harmed, including the covid patient itself and with other patients. indeed health workers are the main point to be able to reduce transmission.

[isaac_clarke22]

In my view, the COVID-19 pandemic has a positive impact on Bitcoin, because many people are starting to be interested in investing in Bitcoin now.
Assuming Bitcoin can be a source of income in the current pandemic situation, therefore the current Bitcoin price continues to rise. Compared to
other assets, Bitcoin has the best performance, finally making several institutions start buying Bitcoin this year. Because it considers Bitcoin holding
in the long run to be able to provide promising profits.

Many but we still haven't got majority of people leaning to Bitcoin just yet.
There are still many people leaning to banks instead because they feel somehow secured with somebody else holding their money.

Since social distancing in almost every building is a thing right now even in when paying bills, Bitcoin helped me skip those and I got my bill paid without even going out in a crappy long line.

[Kamarah]

The world is fortunate to have a vaccine against the epidemic of covid19. Hopefully we will stop this dangerous spread. People will no longer have to practice social isolation. All jobs will go into normal operation, the economy will be stable, the crypto market will also be stable. I believe Bitcoin will go up in value in the near future.

[jjdub7]

With the recent launch of the Covid 19 vaccines, will it affect bitcoin, I assume that the Covid 19 vaccine will make the economy stabilize again, will this also affect bitcoin?  will bitcoin weaken or vice versa?

In my opinion, it is no longer important, because COVID 19 has already played a positive role for the crypto world and Bitcoin. Even after the crisis began, most people realized that in the event of a collapse of the economy, it is safer to own crypto and Bitcoin of as much as any other fiat currency or stocks, and this is now irreversible.

[Rehan Zakir]

Covid-19 has impacts on the Bitcoin. Because in Q2 2020 every market is going down as well as Bitcoin. Bitcoin price has dumped upto 50% within one day. So, Covid impacts on the economy of the whole world. And that's why Bitcoin is also decreases. But after that Q4 2020 And 2021 is very good period for Bitcoin. World economy stabilize and in this case Bitcoin performs out standing.

[TribalBob]

there is no relationship between vaccines and bitcoin, if at the beginning of covid there was an influence for bitcoin but over time, bitcoin.  is an economic helper during a pandemic, why?  because just look at now the price of bitcoin is getting higher where the pandemic is still continuing, people are investing in Bitcoin at this time because people think bitcoin can help their economy during this pandemic.