Bitcoin vs covid 19?

[jesselui]

People need cash during the pandemic process. That's why they turn all of their investments into cash. If the pandemic ends or vaccines work, I think bitcoin will increase much faster.

[bounceback]

With the launch of vaccine 19, of course some people will start their activities as before, so in my opinion this will not have an impact on bitcoin even though currently bitcoin prices are going down, of course not because of the launch of vaccine 19 but bitcoin is undergoing a correction after reaching ATH recently.

[tanjiran]

With the launch of vaccine 19, of course some people will start their activities as before, so in my opinion this will not have an impact on bitcoin even though currently bitcoin prices are going down, of course not because of the launch of vaccine 19 but bitcoin is undergoing a correction after reaching ATH recently.

true, indeed crypto users have increased since the pandemic, but rising or falling btc prices are not directly affected by the covid-19 pandemic. I wonder why there are still many who link it with that, so when a vaccine has been found and distributed, then it is linked again with the decline in the price of BTC. come on ... we have to be grateful that a vaccine has been found and this pandemic will end soon, and I believe btc and the cryptocurrency ecosystem in general will continue to exist and be increasingly recognized by many as an alternative investment and profitable business opportunity.

[Rupok365]

Many people have invested in Bitcoin during the Corona period.  Although the prices of gold, silver and platinum have come down, the prices of bitcoin have gone up.  For the first time, the price of Bitcoin has exceeded 20,000 thousand Usd.  This is the first time it has made such a profit since it was registered on Wall Street three years ago.

Bitcoin made its Wall Street debut in December 2016 after trading on the Chicago Mercantile Exchange and the Chicago Board of Trade.  The record price of this digital currency goes up with the start.  At the beginning of 2016, the price was less than 1 thousand dollars.  It reached 19,073 thousand  at the end of the year.

But the situation changed as soon as the trade started.  A year later, the price of Bitcoin dropped to less than 4,000 thousand .  However, its price is increasing during this coronal period.  On December 16, the price of Bitcoin rose to a record  20,396.50 thousand Usd.

 Bitcoin is a digital currency that is not affiliated with any bank or government.  Users can use it anonymously.  It can be acquired through computer, but also in exchange for US dollars or other currencies.  Some businesses use bitcoins, but criminals can also easily commit crimes with these coins.

[giantrobot]

Covid19 is a disaster of the world. It heavily affects the economies of the countries. The introduction of the vaccine against the epidemic of covid19 is of great significance. Merit belongs to vaccine researchers. It limits the spread of disease. Declining economy affects the price of Bitcoin. When the economy is stable, the value of Bitcoin also increases. How do you think? Please share your opinion.

[lunaBTC 12]

To a certain extent, covid 19 promoted the development of bitcoin. Even without covid 19, it's just that the development of bitcoin may be slower.

We can't predict the occurrence of covid 19 and the development of bitcoin. What we can do is to face it positively when difficulties come, no matter what.

come on！！！

[manggis97]

The crypto market dumped because effected by covid 19 only when pandemic started, and after that, the market bounce back then keep soar to new high. For now i did not see again, the effecr of pandemic in crypto market, even no effect again in stocks market. I think pandemic only make effect to the fiat currencies.

[lepbagong]

The crypto market dumped because effected by covid 19 only when pandemic started, and after that, the market bounce back then keep soar to new high. For now i did not see again, the effecr of pandemic in crypto market, even no effect again in stocks market. I think pandemic only make effect to the fiat currencies.

what you say is the truth but it may or may not be, if I see that there is actually no impact whatsoever for cyrpto with the presence of covid-19, because it is clear that two eyes from different sides even need each other but covid-19 has no impact movement of the crypto market as a whole.

Covid-19 has indeed greatly affected the economy of every country that is directly affected, so it can be said that you are right in saying that fiat is directly affected because of increased use and no income because all sectors have stopped due to covid-19.

I hope this pandemic will pass quickly because there have been many human victims and the economy has not been able to run resulting in a lot of new unemployment that arises because companies cannot run normally and no one buys goods, focusing more on medical equipment and food needs.

[samsul1234]

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?

hello sir, I don't think there will be a big impact on bitcoin if even if covid 19 disappears and the economy returns to normal, we can see in 2017 without covid bitcoin can also rise to the top, so my opinion will not affect the selling price of bitcoin, which I'm afraid it's bad news for bitcoin itself

[Tristan Bieber]

The global economy affected by the epidemic will suffer a certain impact on the traditional capital market. Many funds have a hedging demand and will enter the cryptocurrency market, which will bring incremental funds. However, after the epidemic has stabilized, these funds will not be available. Decrease, on the contrary, let more people understand Bitcoin and start to be a long-term investment, so I don’t think it will fall and the impact will be small.

[kotajikikox]

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?

hello sir, I don't think there will be a big impact on bitcoin if even if covid 19 disappears and the economy returns to normal, we can see in 2017 without covid bitcoin can also rise to the top, so my opinion will not affect the selling price of bitcoin, which I'm afraid it's bad news for bitcoin itself

Wrong comparison , because why need to use the 2017 as example when the best is 2020.
March 2020 the price of Bitcoin and the market dive into the lowest , but just after 6-8 months ? the price climb up to break even the ATH of 2017.

From that we already saw its capacity so why Covid will totally effect the market when the truth is the most safest way to transact now is using e wallets like bitcoin and cryptos?

This is irrelevant for me because bitcoin will always be on the top of progress about virtual currency .

[mrongoz22]

maybe at the beginning of covit 19 the crypto world might feel the same impact as fiat currencies, but over time, the crypto world has recovered, and the market has returned to normal as before, and we hope that in the future bitcoin will return to what it was. normal price. . And I hope the Covid-19 passes quickly.

[dota2bestplayer]

I don’t think the covid -19 vaccine will have any bad effects on Bitcoin. On the contrary, it is better than harm. People understand Bitcoin so they are willing to follow and believe. At present, I don’t think it will have any bad effects.

[Tina H]

In the long run, the return of the economy to normal will eliminate the need for more Stimulus Check, which is an economic strategy provided by governments around the world to support small businesses and the unemployed. It is generally believed that printing more currency for the rescue plan will lead to inflation, which is very detrimental to legal tender, but is more beneficial to Bitcoin and digital currency.

[Nora Olin]

Obviously Bitcoin does not like the news of the successful Covid 19 vaccine trial. In addition to gold and BTC, some companies that have made significant gains during the pandemic lockdown have seen their valuations decline.
Then many people expect BTC to rebound at some point, just like after the initial Bitcoin issuance.

[ampu]

COVID 19 is the main cause of the collapse of the economy. Professions are inoperable during the pandemic so money is being pulled out of them and elsewhere. The stock market, Bitcoin and gold, silver... have increased a lot since the recession happened.

The problem is that after the pandemic ended the world printed more money. The US has launched economic bailouts along with other countries leading to excess money. Money will flow throughout the economy in all aspects so stocks, Bitcoin, gold, silver... will continue to hold value due to the inflow of money. So we will continue to see Bitcoin not falling below $10,000 like before the pandemic.

[dimox]

yes, I agree with you by assuming that this pandemic has no effect on market prices, in this pandemic, bitcoin is actually bullish, this proves that the pandemic has no impact on bitcoin. During the pandemic, activity restrictions have been implemented, is this the moment investors use  to invest in bitcoin so that bitcoin is bullish?

yeah, the basic like people will stay at home and dont do anything. they will find, how to make money at home. and the answer by online, freelancing on media platform, you can translate comic for own language, selling cloths, and the other. bitcoin is good one to role your money, but you cant place your stuff here directly, you need to learn about bitcoin basic first.

[Mr.sprin]

In my opinion, the presence of the covid 19 vaccine has no effect on bitcoin, all of us know bitcoin does not depend on others, in 2017 there is no covid but the price of bitcoin is going up and now there is a corona outbreak the price of bitcoin is going up so I don't think covid 19 has an effect on bitcoin.

[JerryKin]

Yeah the pandemic gave Bitcoin a strong popularity boast.
Sometimes ago I also thought about this question, if Bitcoin would be able to maintain this suddenly increase in the participants now that things are seemingly coming back to normal in terms of the economical rejunevation going on. But I also thought and would like to agree with some of the comments here, saying it would rather futher strengthen Bitcoin's progress, because in many nations like mine, people are back into full business, companies are now running and the general economy is being built again thereby removing the excuse of low or no funds to invest in Bitcoin.
I think the vaccination is equally a good opportunity for Bitcoin to gain strength.

[Kong Hey Pakboy]

How would it affect bitcoin though? Vaccines and bitcoin have a vastly different field so I don't exactly think that they're going to directly affect each other in any way. Probably with the advent of vaccines, with the pandemic slowly being extinguished and becoming a problem, the people can finally go out and they can probably share it to their friends if they've been dabbling with bitcoin during the pandemic.