Bitcoin vs covid 19?

[Nightz]

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.

I think there is a slight relationship. If the vaccines work and the economy flourishes again, there is less incentive to put your money into Bitcoin than into stocks. Right now people are also afraid of inflation because of all the money printing that is going on.

Good reason to buy Bitcoin right now.

[protocon]

I think it would make the money coming in smaller. If covid19 ends, people will spend more money on their everyday life and that will lead to less money for investment maybe?

[Ciprut2605]

Since 1 decade Bitcoin has continued to be the asset that has the best performance even in the era of the COVID-19 pandemic, at the beginning of the emergence of COVID-19 it had made Bitcoin decline but Bitcoin's performance still proved to be better when compared to other investment assets.

[lixer]

Since 1 decade Bitcoin has continued to be the asset that has the best performance even in the era of the COVID-19 pandemic, at the beginning of the emergence of COVID-19 it had made Bitcoin decline but Bitcoin's performance still proved to be better when compared to other investment assets.

Yeah, that is the reason I do think does covid has anything to do with bitcoin? I don’t know why a lot of people like associating the covid-19 to bitcoin, just like those that are saying that the covid-19 is what caused the bullish trends in Bitcoin now, while at first they were all saying that it is going crash bitcoin and when it started crashing at the initial stage they all believed that it was what’s causing the crash, and now they believe it is what is helping bitcoin lol, they are forgetting that whether there is anything like this or not that bitcoin will continue with the growth that we are seeing now.

[Shasha80]

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.

It's sad if that many people still entrust their money to banks, even though if they keep money in the bank it will only continue to decline in value.
It is difficult to convince the majority of people if the government does not support, means that those of us who have invested in Bitcoin are among
the lucky ones. Regarding bill payment with Bitcoin it is indeed better because it can avoid the spread of the corona virus and does not need to queue.
But the problem is not all countries allow Bitcoin to be used for payments and my country is a country that prohibits using Bitcoin as payment.

[MIner1448]

I think that nothing can negatively influence the bitcoin price, because its hype has flown all over the world, everyone in the whole world already knows about it.
Well, if we talk from the economic point of view, if the pandemic is canceled at all, there will certainly be less online in the crypt, therefore the exchange rate may affect this fact.

[uttoransen]

Yes, the Covid pandemic will have a direct connection to the entire Crypto growth. The biggest reason is that - due to this pandemic most people are sitting at home, quarantined either by self or by force - but a huge population of this world is at home.

When people have free time, Internet connection and a cell phone or a laptop to spend time - they are more likely to stumble upon Crypto and play with it. There are so many ways to get into the crypto market, many free ways to grab some decimal fraction of cryptos that it is likely that more and more people will get into it.

With Covid, people are losing jobs and they need money to come from some where ... and it will all add up and direct people to crypto which will ultimately boost bitcoin!

[Sihab76]

On the eve of the coronavirus, people have placed a lot of importance on how to make passive income at home under the pressure of lockdown.  Before 2018 19 there was not so much curiosity among people about cryptocurrency.  But on the eve of the coronavirus, all the people of the world have become aware of cryptocurrency and have emphasized its use.

[lepbagong]

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 seems like what you are asking, actually about the available vaccines, whether there is a direct relationship with bitcoin, actually there is none because even though there is a pandemic or nothing, bitcoin will continue to run by itself because no one directly regulates it as well as economic development will certainly not make an impact at all.

crypto usage during the pandemic actually had no fundamental changes so there were additions with stay at home, because obviously everything was already going on and there were no significant additions because it took time to get to know it first. plus during the pandemic all crypto was not excited so the bounty was not as much as usual.

so that economically there is also no significant addition or reduction, crypto trading is more done than bounties even though trading is also not as excited as usual.

[AicecreaME]

If COVID-19 is really an invented virus by China, and their motive beyond that is to make the world's economy suffer to overpowered by them, but sadly Bitcoin saved many poor countries including Venezuela on that, then I guess it will not affect Bitcoin's price at all. This pandemic is just an instrument that made people realize that Bitcoin is a gem that they are ignoring for a very long time, that's why big companies started already to invest on it as well as to other Cryptocurrency.

So it's gonna be a bull run because other people will also adopt it since Tesla and Microstrategy are good assurance for them that Bitcoin is not a scam or a Ponzi.

[Bilgent]

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?

There has been a huge demand for buying Bitcoin while the covid-19 period still is going on. It really affected the cryptocurrency market very positively. Also, we are seeing that more and more companies etc. are starting to accept Bitcoin. I don't think vaccines could affect the market badly from now on. Bitcoin has already drawn a huge attention and reached a great level.

[Altcoinsintel]

Really that's what you think? That Bitcoin was doing great because the economy was doing bad?

Didn't you notice the trillions of dollars entering corporations? Where do you think Tesla found profits from? It didn't have profits until 2020. Did it sell so many cars to turn their losses around? It was the government printing that helped stocks and crypto.

Bitcoin was doing great for 10 years dragged by the euphoria surrounding all markets. Once the stocks went down, Bitcoin crashed double than stocks.

It is the opposite of what you have been told.

[gabbie2010]

Its been a while now that some countries had started receiving Covid-19  vaccine jab in a bid to stabilize their economy and put things back to shape I thought that action will have impact on the price of Bitcoin however there is no any significant changes in it price rather the price was more bullish  an indication that the healing or eradication  of the pandemic wouldn't affect the price of Bitcoin I believed this is due to the institutional adoptions

[kolbalish]

According to what I have glimpsed, this Covid-19 is not possessing any effect on Bitcoin. Bitcoin is striding at its velocity and I believe it will. Its posture is the same as before, even its price is going satisfactorily. And people have scrambled to Bitcoin in my viewpoint.

[Tigerheart3026]

Covid-19 effects have worked much better in cryptocurrency market. because those who didn't know much about Bitcoin before, in pandemic period they got time to research deeply, and we see lot of new companies investment in Bitcoin. it became a source of income for many unemployed people and who lost the job at the time.

[xnuggets]

Covid19 might have a little effect on bitcoin, as some crypto enthusiasts withdraw capital for protection purposes. Although in general, it is quite negligible towards the trend of bitcoin.

[Xinarae*]

Bitcoin is affected by something it won't take long for it to rise the rate of investors in bitcoin is always higher than other currencies in the crypto market. Bitcoin’s popularity has grown even more among the Covid 19 many people live in despair because of the crisis they have been able to deal with their problems by investing in bitcoin. Has found a way to earn that has overcome financial problems and with it the value of bitcoin has increased.

[Naughty Princess]

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.

Because of pandemic, many are getting interest earning crypto. The large number of investors makes the market bull, staying at home makes them capable to earn more especially those who have some amount to risk. Covid 19 is dangerous but gain positive impact in decentralized economy where we get and support our financial need. Bitcoin made it reach the predictions way back 2 years ago. The pandemic wont make are life in worst but opportunities are there also being left.

[javainn]

step by step the world economy gets better again after the mass vaccination around the world. This could be one of the increases in all sectors of the economy, including crypto, there may be a bigger increase after vaccination is complete and Covid is declared over. I think the effect of Covid 19 is very large and this could result in the slow growth of all sectors of the economy

[Hughes_Ryan]

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 do not deny Covid 19 is the huge reason that triggered the massive strike on the crypto space.  But not really, I think the contemporary financial apparatus is about to acknowledge the effectiveness of blockchain and that bitcoin should be recognized as an intellectual property.  Vaccines are only one aspect of limiting the range of the virus, but not a factor to justify the inflation that has soared to its peak.  break the battle and bitcoin is the lifeline.