Bitcoin vs covid 19?

[jossiel]

How can covid pandemic effect Bitcoin Growth. Bitcoin is a online cryptocurrency and no one can have any hand to decrease or increase the price. The pandemic is going on and if you look at bitcoin, Bitcoin is increasing day by day. There is a prediction Bitcoin will reach 100000 $ son during this covid situation

It was thought of bitcoin will also go down with the world market because of the effect of the pandemic. But it didn't happened as expected because what happened was much better.

It does look increasing day by day but there are also times that it didn't go up and went a lot through the lowest that we've seen in this cycle.

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[Mr.sprin]

How can covid pandemic effect Bitcoin Growth. Bitcoin is a online cryptocurrency and no one can have any hand to decrease or increase the price. The pandemic is going on and if you look at bitcoin, Bitcoin is increasing day by day. There is a prediction Bitcoin will reach 100000 $ son during this covid situation

You believe a lot of companies during a pandemic their assets dropped drastically and they decided to invest in the crypto world and they made great profits. Does this not affect bitcoin in your opinion?

[liao chandra]

Covid 19 made the price of bitcoin skyrocket.  This is because people withdraw their money in banks to buy bitcoins.  thus making the price of bitcoin skyrocket.  An increasingly unstable economy makes people look for investments that have big returns.  That is bitcoin and other coins.

[geegaw]

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 are not sure about the actual effectivity of covid vaccines, so it does not guarantee economy stabilization. And now, based on news I've heard, I don't think some vaccines are truly effective, because we have new variants, and covid cases are increasing again in my country. Our gov't again implemented a per city lockdown, and people are finding ways to earn at home, and they start noticing bitcoin again. Also through the help of P2E games people are starting to invest in cryptocurrencies especially in bitcoin. So in my opinion, bitcoin will keep going strong because I am sure, another wave of covid due to variants is starting again.

After scientists linked and came up with vaccines against Covid-19, this bacteria also seemed to be aware of its ability to be erased and suddenly became more frenzied, together create new generations, destroy the achievements of scientists and reduce the effectiveness of vaccination, the economy has not yet reached the basic needs that have begun to suffer from depression. Continue a cycle of closing and staying home for a few more months, Bitcoin will advance extremely quickly as an economic necessity for many individuals

[Renampun]

during the covid19 pandemic, many people were fired at the company and they were unemployed so the only way to save their economy was down to the crypto world, the pandemic had a very positive effect on the crypto world.

not everyone believes in crypto even during this pandemic. Besides that, education about crypto that is received by the public is still not optimal...

the pandemic and also the vaccination program have no effect on Bitcoin, until whenever what affects the price of Bitcoin is market demand, not political or catastrophic things.

[Kayum10029]

Bitcoin has a good relationship with coronavirus and a bad relationship. Coronavirus The world's largest businesses are shutting down, and millions of people are losing their jobs and living in captivity.So all captive people are involved in selling in different Bitcoin is trying to make money with Bitcoin. As a result, the Bitcoin market has grown much faster than before.

[retnoanjani]

I think there are a lot of businesses or investments that have been affected by covid 19, so many companies have gone bankrupt rather than for that, for example, some countries whose economies have been paralyzed as a result of the covid 19 pandemic that hit the world at this time, I think the impact of covid 19 it doesn't just happen to bitcoin itself

the impact is very broad, because it is global. but of the many investment sectors, it seems that the most powerful cryptocurrency is surviving and recovering quickly. even many of my friends who want to learn crypto investment, want to get a job from crypto, because work in the real world is disrupted, some have even been laid off. This is very sad for all of us, I hope this pandemic ends quickly.

[Wong Gendheng]

as we know with the covid 19 outbreak that is hitting the world today we can say that it greatly affects the economic factors of a country or a company that is also affected by the covid 19, I feel that it is not only bitcoin that is also affected, maybe a lot of companies who have fired their employees due to the company going bankrupt due to this virus

I don't think bitcoin is affected by covid, the impact of bitcoin is felt directly on the industrial sector, many companies went bankrupt and stopped operations because people's purchasing ability decreased, but a unique thing happened because the impact of covid actually made money into crypto increase dramatically, this can be seen from the volume ever-increasing bitcoin transactions.

[zahed]

as we know with the covid 19 outbreak that is hitting the world today we can say that it greatly affects the economic factors of a country or a company that is also affected by the covid 19, I feel that it is not only bitcoin that is also affected, maybe a lot of companies who have fired their employees due to the company going bankrupt due to this virus

I don't think bitcoin is affected by covid, the impact of bitcoin is felt directly on the industrial sector, many companies went bankrupt and stopped operations because people's purchasing ability decreased, but a unique thing happened because the impact of covid actually made money into crypto increase dramatically, this can be seen from the volume ever-increasing bitcoin transactions.

Yes also I think relatively Industrial sector has been damaged I have seen in my country. Even you can not believe so far more than a hundred companies have closed permanently. But the scenario of cryptocurrency market was different it was rocket high market.

[S4VV4S]

The covid 19 pandemic that is hitting the world at this time not only affects bitcoin as an investment but also severely cripples the world economy.as we can see at this time that many countries are experiencing economic paralysis from the impact of the covid 19 virus, even today. The epidemic still hasn't subsided and many countries have been harmed by the Corona virus

[passwordnow]

The covid 19 pandemic that is hitting the world at this time not only affects bitcoin as an investment but also severely cripples the world economy.

But it didn't affect bitcoin negatively just as the other markets and economies of most countries did.

as we can see at this time that many countries are experiencing economic paralysis from the impact of the covid 19 virus, even today. The epidemic still hasn't subsided and many countries have been harmed by the Corona virus

The pandemic rather has truly affected a lot of countries and it seems that it's not yet about to stop. We don't know how many years that it will stay or it will stay in the world for good which is bad if it's like that.

[carlfebz2]

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?

Not that much of a connection because Bitcoin doesnt really been affected anytime on whats happening externally in the market.The year is almost ending and we are still seeing those kind of waves movements

and to say that we do even able to reach out all time highs despite of the condition or situation we are in thats why its not really that precise to mind off about the connection about the two.

Lets just see on how this market would progress on thats why we should really be careful on dealing up with our actions.

[Wawa2013]

as we know with the covid 19 outbreak that is hitting the world today we can say that it greatly affects the economic factors of a country or a company that is also affected by the covid 19, I feel that it is not only bitcoin that is also affected, maybe a lot of companies who have fired their employees due to the company going bankrupt due to this virus

I don't think bitcoin is affected by covid, the impact of bitcoin is felt directly on the industrial sector, many companies went bankrupt and stopped operations because people's purchasing ability decreased, but a unique thing happened because the impact of covid actually made money into crypto increase dramatically, this can be seen from the volume ever-increasing bitcoin transactions.

Yes also I think relatively Industrial sector has been damaged I have seen in my country. Even you can not believe so far more than a hundred companies have closed permanently. But the scenario of cryptocurrency market was different it was rocket high market.

In some countries, COVID-19 has had a major impact on the industrial sector, as people's purchasing power has decreased, then the production
and sales decreased. This eventually resulted in many companies closing down during the pandemic, that means a lot of people become
unemployed. This causes many people to look for ways to make money, one of them chooses cryptocurrency to be a source of income,
no wonder the price of crypto during the pandemic continues to increase significantly. We can see the price movement chart this year, most of
the top crypto managed to reach ATH prices and provide large profits for investors. So COVID-19 can be said to have a good influence on
the development of cryptocurrencies.

[lienfaye]

Covid19 only affected the market at the initial stage of the pandemic later people realized that trading cryptocurrency was the best thing
 to do during  lockdown for generating income. The covid19 vaccine will further strengthen the global economy which also will bring uptrend in bitcoin market.

Well yes the market is only affected at the initial stage because thats the time many investors are in doubt and fear of losing their assets due to economic crash. While others are using their crypto to sustain their needs resulting to panic selling of other investors.

The vaccines can stabilize the economy since its a weapon to fight covid but, still, there's no certainty. Because until now many countries are still in agony due to this virus despite of having available vaccines. In general the vaccine only affect the economy but not directly bitcoin and it depends on how people react that can affect their investments.

[teaatnighttime]

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 it is a sure definite that when Covid-19 is more a thing of the past due to advances in medical treatments pertaining to this illness that eventually stocks and cryptos alike shall all rise a fair modest amount. The day to day business of most companies has been returning to normal. A mask and or a shot is all they ask for and not much else. Of course, death is death and rare circumstances have major effects on us all. The death of a newborn or twenty year old forever negatively impacts the economy. Hopefully advancement in other areas of medicine will offset Covid-related deaths. The answer: yes, but not terribly much. Developing countries more certainly until they are more cared for to progress. I invested in vaccine companies and don't want to believe they are in short supply.

[Rajamuda]

Don't think at all that it could affect Bitcoin to weaken, all activities related to Bitcoin will continue to become more popular, even newbies... I think they will continue to have a destination in Bitcoin.
Precisely with the Covid 19 vaccine, besides the economy will become more stable, I think it will make it easier for people to introduce Bitcoin to each other, now the world is already more familiar with Bitcoin, so Bitcoin will be able to maintain its popularity from time to time, in any condition and it will help the human economy's life.

[EewardDean]

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?

When the initial epidemic broke out, the market was indeed affected to a certain extent. That was because people were panicked and worried about the raging virus. The national economy was affected, and some investors chose to sell their tokens.
However, as time has changed and the economy has slowly recovered, most institutions and companies have returned to their usual business. Now that vaccines are available to fight the virus, it has not only stabilized our economy, but also made us face the pandemic. Still choosing to invest in encryption, the covid19 vaccine has also further promoted the global economy.

[Maeve@]

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?

The pandemic still has a great impact on the global economy. During the epidemic, we have received large or small impacts. However, the successful development of vaccines has been basically universally vaccinated, and resisting the virus will further affect the people of the country. The destruction of the vaccine can be understood as the promotion of the global economy by the vaccine, which has brought an upward trend to the market.

[fortunesoft]

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[romero121]

Due to the pandemic around the world, more people have got awareness about it. My understanding about the market, if the covid-19 haven't prevailed around people might've not known about bitcoin much. During the pandemic people got an opportunity to spend much time internet activities. The bitcoin market experienced a boom out of the pandemic, and the people who made use of the opportunity have recorded their profits in a short time period.