ivankoh
Full Member
 Offline
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
|
 |
August 16, 2021, 11:57:48 AM |
|
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?
Perhaps now we have a satisfactory answer. Bitcoin is still continuing to rise after the correction. Everything seems to be natural without any vaccine-related effects. Whether it is literally or vice versa. Covid 19 is just a condition to demonstrate the incredible adaptation of bitcoin to the situation and conditions of the market. |
|
|
|
|
|
|
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
Chato1977
Member
Offline
Activity: 1148
Merit: 58
|
|
August 16, 2021, 12:32:57 PM |
|
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?
Bitcoin last January shows strong growth that is when the covid19 breaking all hearts with tons of dying people , and now the vaccine are there see what is the effect? the price climbed up so high from january to May , the value up and up to 64,000$ . so yeah it is. |
|
|
|
|
carrigan
Member
Offline
Activity: 728
Merit: 12
|
|
August 16, 2021, 12:56:34 PM |
|
I don't think covid-19 has much effect on bitcoin, although at that time bitcoin was a little shaky when covid-19 hit, but it didn't last long. we can see for ourselves if the current development of bitcoin has no effect on the increase or decrease in cases of covid-19. what might happen now is an increase in the number of traders due to the implementation of work from home which makes people look for additional activities to do at home but still useful or can actually produce like investing in cryptocurrencies.
|
|
|
|
|
Qirtov
Jr. Member
Offline
Activity: 121
Merit: 1
|
|
August 16, 2021, 01:36:21 PM |
|
Seen from previous events when the covid-19 pandemic was at its peak, bitcoin was affected but this did not last long. Even now you can see the development of bitcoin with the case of covid-19 which does not show any changes to each other. Maybe the change is the number of people who join or participate in cryptocurrency due to the implementation of restrictions on activities outside the home. Bitcoin investment can be an option during a pandemic like this because you can do it anywhere and anytime as long as your network supports it.
|
|
|
|
|
|
posi
|
|
August 16, 2021, 03:13:02 PM |
|
Seen from previous events when the covid-19 pandemic was at its peak, bitcoin was affected but this did not last long.
No, Bitcoin was not affected and from the historical data of the market trend, it was when the pandemic was at its peak that the institutional investors believe cryptocurrency is the best alternative for them to have a profitable investment no matter the stats of the world economy. Even now you can see the development of bitcoin with the case of covid-19 which does not show any changes to each other. Maybe the change is the number of people who join or participate in cryptocurrency due to the implementation of restrictions on activities outside the home.
Yes, crypto gained more traffic and the best change is that private companies now acknowledge the benefit of crypto investment. |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Tumanggor
Full Member
Offline
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
|
|
August 16, 2021, 03:43:01 PM |
|
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?
we have entered almost 2 years since covid 19 appeared but we can see the price of bitcoin remains high even creating new ath bitcoin with its decentralized nature makes the bad effect of panic from covid 19 non-existent even from the data we can see on google that the search for bitcoin remains high during this pandemic bitcoin is the magic of this century |
|
|
|
Rb48
Jr. Member
Offline
Activity: 154
Merit: 1
|
|
August 16, 2021, 04:08:59 PM |
|
In fact, what I think is that covid-19 has not had any effect on bitcoin but has brought a lot of good news for bitcoin.Because of this coronavirus, people have now increased their transactions in Bitcoin, which has increased the demand for Bitcoin. The demand for Bitcoin will increase further in the future.
|
─────── Next-Gen of Algo Stablecoins ───────
██ ███ ██████ TheStandard.io ██████ ███ ██ |
|
|
Jawadu
Jr. Member
Offline
Activity: 222
Merit: 8
Bounty Campaign Manager
|
|
August 16, 2021, 06:03:57 PM |
|
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 at the moment Covid-19 could again bring as much harm to Bitcoin as the first explosion period. I say this because I remember Bitcoin dropped to $5000 when Covid-19 started, I would say many traders got scared that time after seeing so many businesses closing and that is why even the Bitcoin market collapsed because everyone started selling their Bitcoin quickly because of fear! But right now we're trying to see Covid-19 as a normal disease so that we can be brave and keep working so that we can not die for hunger! So I don't think it will have the power to scare us to the point of undermining the Bitcoin market once again. |
|
|
|
|
|
terrorJR
|
|
August 16, 2021, 06:40:34 PM |
|
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.
the causes of 2017 and now are not interrelated even if the vaccine doesn't affect bitcoin but 2017 is a different matter. it is true that with the vaccine or not bitcoin will not be affected by it because the function of the vaccine itself is to reduce the risk of contracting this virus and it does not mean that with the vaccine we are completely free from the virus and forget about bitcoin. Of course the concept is not like that. bitcoin will still be as it is and now the trend is good and even if the vaccine spreads and is used everywhere bitcoin will not be affected clearly and significantly |
|
|
|
Gbniman
Member
Offline
Activity: 84
Merit: 10
|
|
August 16, 2021, 09:04:23 PM |
|
The most successful crypto asset, being Bitcoin, possesses several characteristics that pose advantages and disadvantages in the financial markets. Digital convenience ensures the safety and ease of use for Bitcoin users, while decentralization also poses a primary benefit. Extreme volatility and the impact of negative externalities on the value of Bitcoin contribute to the assessment of Bitcoin trends in the market. The recent outbreak of the coronavirus (COVID-19) has shown evidence of influencing Bitcoin prices as the virus is spread across continents, leaving the global financial environment in turmoil. The classification of Bitcoin as a hedge is dependent on various factors, including global economic uncertainty.
|
|
|
|
|
dunfida
Legendary
Offline
Activity: 3080
Merit: 1130
|
|
August 16, 2021, 09:27:26 PM |
|
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.
the causes of 2017 and now are not interrelated even if the vaccine doesn't affect bitcoin but 2017 is a different matter. it is true that with the vaccine or not bitcoin will not be affected by it because the function of the vaccine itself is to reduce the risk of contracting this virus and it does not mean that with the vaccine we are completely free from the virus and forget about bitcoin. Of course the concept is not like that. bitcoin will still be as it is and now the trend is good and even if the vaccine spreads and is used everywhere bitcoin will not be affected clearly and significantly Why people are really fan on tagging up bitcoin into world events or situations that we are facing?it might indeed affect most of countries economy but i dont see for it on mainly affecting Bitcoin or crypto market as a whole. We do even see that bitcoin did really make out some significant rise on the first year of that covid pandemic which we can really say that it isnt a viable reason on why we do see some declines. Some people or investor tend to cash out for their needs but there were people whom do tend to hold up for future gains or profits. |
|
|
|
|
jossiel
|
|
August 16, 2021, 09:33:17 PM |
|
In fact, what I think is that covid-19 has not had any effect on bitcoin but has brought a lot of good news for bitcoin.Because of this coronavirus, people have now increased their transactions in Bitcoin, which has increased the demand for Bitcoin. The demand for Bitcoin will increase further in the future.
It did an effect. But that effect showed positive impact to itself. We thought that it's going to be bad and negatively affected due to pandemic. Well, that was a thought that probably have been in the minds of most because every situation that we're in, we're thinking already the outcome of it if it's good or bad and good thing, we're wrong on this one. |
Signature for rent
|
|
|
famososMuertos
Legendary
Offline
Activity: 1736
Merit: 2745
LE ☮︎ Halving es la purga
|
|
August 16, 2021, 09:54:34 PM |
|
.../quote/...:when the virus is removed. inflation will be lessened. but at the same time, people may gather together to talk about these coins and then more interested in them..who knows?
It has nothing to do with meetings talking bitcoin, in fact, if something the covid has done that can be measured positively, it is that it has managed to make the online world serve as a bridge between many activities (offline) that were previously believed to be not as efficient if they were performed online. On the other hand, bitcoin has already shown that certain global situations do not affect it in the short term, but a rumor, tweet, etc. influences it, when someone from the niche or the world of cryptocurrencies expresses themselves positive or negative. |
|
|
|
Qikiye
Jr. Member
Offline
Activity: 700
Merit: 1
Bisq Market Day - March 20th 2023
|
|
August 16, 2021, 11:09:38 PM |
|
On the eve of Corona, the Bitcoin market has grown much faster than before.Analyzing the reasons for this, it is seen that people of different countries of the world are losing their jobs and living in captivity during Corona.They are working with Bitcoin directly and indirectly on different sites in different ways sitting at home. As a result, the popularity of Bitcoin has increased day by day.
|
▀▄▀▄▀▄ Bisq Market Day - March 20th 2023 ▀▄▀▄▀▄ |
|
|
Vaskiy
Legendary
Offline
Activity: 2618
Merit: 1105
Tontogether | Save Smart & Win Big
|
|
August 16, 2021, 11:19:34 PM |
|
.../quote/...:when the virus is removed. inflation will be lessened. but at the same time, people may gather together to talk about these coins and then more interested in them..who knows?
It has nothing to do with meetings talking bitcoin, in fact, if something the covid has done that can be measured positively, it is that it has managed to make the online world serve as a bridge between many activities (offline) that were previously believed to be not as efficient if they were performed online. On the other hand, bitcoin has already shown that certain global situations do not affect it in the short term, but a rumor, tweet, etc. influences it, when someone from the niche or the world of cryptocurrencies expresses themselves positive or negative. Good about bitcoin is its connective function which gives access to do it of your own without moving to the bank and other financial service centers. This is really good, and people gathering to discuss and talk about bitcoin doesn't look fair. Global markets aren't good, but slowly recovering. Earlier when there isn't less access for different discussion system online we reached offline. Now gathering is the major thing that is causing cluster formation. To completely get out of covid-19 it takes years, and until then it is our responsibility to keep ourselves secure. |
|
|
|
|
BobK71
|
|
August 17, 2021, 07:26:12 AM |
|
The pandemic has disrupted lives across all countries and communities and negatively affected global economic growth in 2020 beyond anything experienced in nearly a century. While the pandemic caused several commodities and assets to lose their value, the cryptocurrency market, on the other hand, was found immune to coronavirus. From approximately $7000 in March 2020 to more than USD 54,000 to date, Bitcoin has boomed and astonished the whole world. The green signal that cryptocurrency has given through Covid-19 is unbelievable.
|
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
iv4n
Legendary
Offline
Activity: 3136
Merit: 1172
|
|
August 17, 2021, 07:38:36 AM |
|
The pandemic has disrupted lives across all countries and communities and negatively affected global economic growth in 2020 beyond anything experienced in nearly a century. While the pandemic caused several commodities and assets to lose their value, the cryptocurrency market, on the other hand, was found immune to coronavirus. From approximately $7000 in March 2020 to more than USD 54,000 to date, Bitcoin has boomed and astonished the whole world. The green signal that cryptocurrency has given through Covid-19 is unbelievable.
It's because crypto doesn't care about government/bank schemes! And all this covid shit is nothing more than a scheme! Bitcoin, and some other coins, boomed because people are realizing that crypto is a more fair system, an alternative to this shity system that makes rich people richer, while all others are slaves! And with this covid they show their true face once again, the big ones are richer, the poor ones are in an even worse position than ever! I don't wish to be "brainwashed", and like many others, I choose decentralized crypto instead! This number will rise because these fiat holders are going crazier every year, with all their tricks and schemes! And it's not like conspiracy theory anymore, they are looking us in the eyes and they are lying to us! That shit got to stop! |
|
|
|
kotajikikox
Full Member
 Online
Activity: 2380
Merit: 207
★Bitvest.io★ Play Plinko or Invest!
|
|
August 17, 2021, 08:18:06 AM |
|
From approximately $7000 in March 2020
not 7000$ instad 4000$ level that month of 2020 and that records the lowest from the last halving value since 2017 . to more than USD 54,000 to date, Bitcoin has boomed and astonished the whole world. The green signal that cryptocurrency has given through Covid-19 is unbelievable.
again it is 64,000 not 54,000 . sorry to ask but where have you find your data? it looks like all are not accurate , simply checking coinmarketcap https://coinmarketcap.com/ will show you the data you need to learn and share. |
|
|
|
Tabassum810
Newbie
Offline
Activity: 13
Merit: 1
|
|
August 17, 2021, 08:46:58 AM |
|
In my opinion.As people are starting to understand the value of bitcoin, it's demand is only going to increase.Some of the sources of funds used were stimulus funds. Bitcoin has become an investment tool during the pandemic.And here the vaccine was created nearly half a year ago and we have been seeing price of btc go up from that time so it is clear that COVID vaccine isn’t really impacting the market.
|
|
|
|
|
spyderbilt
Member
Offline
Activity: 320
Merit: 10
|
|
August 17, 2021, 04:38:57 PM |
|
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?
actually there is no effect whatsoever for bitcoin related to the covid vaccine. In my opinion, what can be stable is the world economy, not crypto. in my country crypto is not affected by anything and continues to run as before there was covid |
|
|
|
|
|
