Bitcoin after the pandemic

[mazdafunsun]

The pandemic surely helped Bitcoin and other cryptocurrencies be more widespread and I like seeing that there are many people that have understood the main benefits of it and they're keeping it as a store of value. Last year, 22% of the circulating USD was printed which was around $9 trillion. This clearly shows that the economy was f*cked up last year. The debts are now even bigger.

This is when Bitcoin was seen as a solution. Its deflationary and safe-heaven characteristics were recognized and everyone became abruptly bullish. Now I wonder, what will happen to Bitcoin once the pandemic is over? Once we'll live just like we did in 2019? It will surely have a big impact on the market, but I don't know if it'll be a negative or a positive for Bitcoin.

How do you know that it was the reason for Bitcoin bull run?
Maybe it was because more and more people started to trade as an hobby, maybe the liquidity from stock market little by little started to come in bitcoin space. People often want to have story behind certain events and this seems like that.

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[blckhawk]

The pandemic surely helped Bitcoin and other cryptocurrencies be more widespread and I like seeing that there are many people that have understood the main benefits of it and they're keeping it as a store of value. Last year, 22% of the circulating USD was printed which was around $9 trillion. This clearly shows that the economy was f*cked up last year. The debts are now even bigger.

This is when Bitcoin was seen as a solution. Its deflationary and safe-heaven characteristics were recognized and everyone became abruptly bullish. Now I wonder, what will happen to Bitcoin once the pandemic is over? Once we'll live just like we did in 2019? It will surely have a big impact on the market, but I don't know if it'll be a negative or a positive for Bitcoin.

How do you know that it was the reason for Bitcoin bull run?
Maybe it was because more and more people started to trade as an hobby, maybe the liquidity from stock market little by little started to come in bitcoin space. People often want to have story behind certain events and this seems like that.

Well, I think he has a point, this pandemic helps Bitcoin to reach what it is now, not the main reason, yes but one of a factor. Remember when pandemics hit, the stock market got really hit hard and some investors from it find another way to save their money and Bitcoin somehow became a safe haven of some sort. And now they have seen the potential, adoption continues until big institutions and prestigious person like Elon Musk starts to invest with it. You also have a point there like the liquidity from the stock market started to come in Bitcoin. It is more likely a chain I think.

[Matimtim]

Since more people switch into the crypto currency because of covid 19 pandemic because they lost their job and that's the reason why they trust bitcoin as one of the best way to earn alternative money and maybe because of that bitcoin will become more expensive and more popular after the pandemic.

[LUCKMCFLY]

Since more people switch into the crypto currency because of covid 19 pandemic because they lost their job and that's the reason why they trust bitcoin as one of the best way to earn alternative money and maybe because of that bitcoin will become more expensive and more popular after the pandemic.

There is a great variety of things that have happened, one of the things is that the demand has increased in the casinos and betting houses, this helps in part to make Bitcoin move much more, also some gold investors have migrated to Bitcoin Such is the case of the son of Peter Schiff, and recently the president of the FED when in one of his statements he said that Bitcoin could replace Gold, despite its high volatility and lack of support.

In addition, this year has been very controversial, we have seen a new ATH in the midst of a pandemic, this is something unpredictable, many never bet on Bitcoin in a world event of this style where what was most pronounced was panic, despite this, the Investor confidence has gained ground.

In a zero pandemic scenario, I think that Bitcoin could reach much higher levels in price than it is now.

[ShowOff]

In addition, this year has been very controversial, we have seen a new ATH in the midst of a pandemic, this is something unpredictable, many never bet on Bitcoin in a world event of this style where what was most pronounced was panic, despite this, the Investor confidence has gained ground.

Institutional investor are one of the many reason why this year's ATH is different from the previous ATH. The growing wave of institutional investor has led many to believe that bitcoin will be much more capable of hitting a high price and perhap $100K. People's awareness of bitcoin as a future asset as well as a store of value has strengthened, this is the expected support for bitcoin. Now, 6 out of 10 of my friend in RL are already interested in bitcoin or other crypto assets and this is something that is much different from before.

[LUCKMCFLY]

In addition, this year has been very controversial, we have seen a new ATH in the midst of a pandemic, this is something unpredictable, many never bet on Bitcoin in a world event of this style where what was most pronounced was panic, despite this, the Investor confidence has gained ground.

Institutional investor are one of the many reason why this year's ATH is different from the previous ATH. The growing wave of institutional investor has led many to believe that bitcoin will be much more capable of hitting a high price and perhap $100K. People's awareness of bitcoin as a future asset as well as a store of value has strengthened, this is the expected support for bitcoin. Now, 6 out of 10 of my friend in RL are already interested in bitcoin or other crypto assets and this is something that is much different from before.

You are right, it is also very possible that other large ones, such as Amazon, will join the market and it was also speculated that Apple could enter, if this is the case we could see a much greater increase in the market, usually the large ones like Elon Musk he has bet heavily on Bitcoin even though his shares are down 50%, if someone with as much influence as him has trusted Bitcoin and has not paid as much attention to his own actions even though his advisers have recommended selling his Bitcoin, has a clear vision of the currency, this means that what can come will be a large increase in price much better than the ATH of almost $60k. I'm very hopeful based on PlanB's prediction model  S2F.

[oHnK]

In addition, this year has been very controversial, we have seen a new ATH in the midst of a pandemic, this is something unpredictable, many never bet on Bitcoin in a world event of this style where what was most pronounced was panic, despite this, the Investor confidence has gained ground.

Now, 6 out of 10 of my friend in RL are already interested in bitcoin or other crypto assets and this is something that is much different from before.

I feel the same thing too. After several ATH times, the issue develops like a virus. Investing in Crypto is a new trend in my environment and they say that it is more profitable to invest in crypto than in stocks. Even investors in stocks are moving to Crypto because of the excellent news in the Crypto environment. They take a portion of the stock and convert it to Crypto. This is an interesting issue when it comes to a pandemic. In fact, I predict this trend will last until the pandemic ends.

[ShowOff]

-snip-

That would be cool, mate. However, you should also know that the current circulating supply of bitcoin also plays an important role in investor confidence. Many institutional investor today buy bitcoin and then hold them, knowing that if bitcoin were scarce then the price would be very high.

I feel the same thing too. After several ATH times, the issue develops like a virus. Investing in Crypto is a new trend in my environment and they say that it is more profitable to invest in crypto than in stocks. Even investors in stocks are moving to Crypto because of the excellent news in the Crypto environment. They take a portion of the stock and convert it to Crypto. This is an interesting issue when it comes to a pandemic. In fact, I predict this trend will last until the pandemic ends.

It seemed they were quite panicky when they found out that bitcoin had risen quite high. Now everything is clear and you will also see how bad they never believed in bitcoin before today.

[iv4n]

In addition, this year has been very controversial, we have seen a new ATH in the midst of a pandemic, this is something unpredictable, many never bet on Bitcoin in a world event of this style where what was most pronounced was panic, despite this, the Investor confidence has gained ground.

Now, 6 out of 10 of my friend in RL are already interested in bitcoin or other crypto assets and this is something that is much different from before.

I feel the same thing too. After several ATH times, the issue develops like a virus. Investing in Crypto is a new trend in my environment and they say that it is more profitable to invest in crypto than in stocks. Even investors in stocks are moving to Crypto because of the excellent news in the Crypto environment. They take a portion of the stock and convert it to Crypto. This is an interesting issue when it comes to a pandemic. In fact, I predict this trend will last until the pandemic ends.

My opinion is that the pandemic speeded up crypto adoption! It's not like crypto needed all this mess to make a progress, but locking down people in their homes pushed people into crypto! And I can't agree more with your words, while it's chaos in the world outside, crypto is flourishing... and that will not end with a pandemic! I believe crypto will continue with the adoption, therefore crypto will continue with making progress! We will see new all times high prices again!

[finaleshot2016]

In addition, this year has been very controversial, we have seen a new ATH in the midst of a pandemic, this is something unpredictable, many never bet on Bitcoin in a world event of this style where what was most pronounced was panic, despite this, the Investor confidence has gained ground.

Now, 6 out of 10 of my friend in RL are already interested in bitcoin or other crypto assets and this is something that is much different from before.

I feel the same thing too. After several ATH times, the issue develops like a virus. Investing in Crypto is a new trend in my environment and they say that it is more profitable to invest in crypto than in stocks. Even investors in stocks are moving to Crypto because of the excellent news in the Crypto environment. They take a portion of the stock and convert it to Crypto. This is an interesting issue when it comes to a pandemic. In fact, I predict this trend will last until the pandemic ends.

My opinion is that the pandemic speeded up crypto adoption! It's not like crypto needed all this mess to make a progress, but locking down people in their homes pushed people into crypto! And I can't agree more with your words, while it's chaos in the world outside, crypto is flourishing... and that will not end with a pandemic! I believe crypto will continue with the adoption, therefore crypto will continue with making progress! We will see new all times high prices again!

Because of the pandemic, people are trying to go online now, most of the things and work made online so crypto adoption will be pretty easy right now. That's one of the advantages of a digital asset, they're trying to make a profit out of it and trying to join the hype made by some popular people like Elon Musk. This is the stepping stone of crypto to be the main asset of some institution and the good thing is, the government might take the opportunity especially the third world countries, might use it to pay debts.

[DevilSlayer]

I do not know what will happen to the price of the bitcoin after we overcome the pandemic but one thing is for sure, the price action is the king. I do not have any predictions on what will happen and I always relying on the price action of the bitcoin. We are still in uptrend but there are few signs that a reversal may happen. It is is just a signs and there should be a confirmation first for us to see that bear market will finally happen. This pandemic may still happen for these past months but there are now countries who are recovering because of what happened. Hopefully the whole economy will finally overcome in order for the people to back in their normal lives and also for the some markets to become healthy again.

[Furious 7]

Because of the pandemic, people are trying to go online now, most of the things and work made online so crypto adoption will be pretty easy right now. That's one of the advantages of a digital asset, they're trying to make a profit out of it and trying to join the hype made by some popular people like Elon Musk. This is the stepping stone of crypto to be the main asset of some institution and the good thing is, the government might take the opportunity especially the third world countries, might use it to pay debts.

School lessons have now become online so I think all areas of our activities in this pandemic are almost done in what way will this increase the adoption of greater crypto? well of course this is an advantage where many know about this lucrative crypto investment, can't stop thinking how they make more money here than real work, therefore bitcoin adoption has been implemented slowly by them, therefore we will know how is this performance to its fullest.

Currently, some governments still refuse, meaning that they are not yet fully integrated into crypto.

[pankowri]

Bitcoin has been fairly famous since the beginning. However, its popularity has increased with the advent of pandemics. There has been a lot of changes in this period again and the bitcoin price has increased. Hopefully, its position will remain intact even after the end of the pandemic. Because people know and understand Bitcoin better than Pandemic. So it can be said that it will have both existence and location.

[Question123]

After the pandemic we do not sure what will happen to the bitcoin but because Bitcoin is already popular I think they have a lot of people are still using bitcoin even they have a lot of people are going back to work for sure most of them are investing and trading bitcoin and altcoins. But now we are still on the pandemic and we do not know what after this.

[oHnK]

That's one of the advantages of a digital asset, they're trying to make a profit out of it and trying to join the hype made by some popular people like Elon Musk.

Elon Musk is only a few percent of his contribution to this hype.  Long before the Elon mask, in 2020 Bitcoin had a return of approximately 400%.  So I guess it's not just because of Elon, they started investing but because the return shown by Bitcoin is much more attractive than other investment assets.  Elon is only a recent trend, and it's not that significant yet.

[kolbalish]

After Pandemic Bitcoin will prevail as it is now. Bitcoin is an online platform and people are prosperous here. Its popularity is also a bunch. After a pandemic, maybe everything will be normal and everyone will be involved working offline.  But even then, everyone correlated with Bitcoin, and Bitcoin will conserve everyone working.

[Vaskiy]

Right now people from every country is experiencing hard time. In particular there is very low circulation of money around the globe. When the pandemic scenario changes automatically there'll be rise in the circulation of money. This will probably boost people to invest more, upon which market will go bullish even if there happens a massive price correction.

[kaya11]

That's one of the advantages of a digital asset, they're trying to make a profit out of it and trying to join the hype made by some popular people like Elon Musk.

Elon Musk is only a few percent of his contribution to this hype.  Long before the Elon mask, in 2020 Bitcoin had a return of approximately 400%.  So I guess it's not just because of Elon, they started investing but because the return shown by Bitcoin is much more attractive than other investment assets.  Elon is only a recent trend, and it's not that significant yet.

Though he's not that much of a help for you then he is for the Chinese government. Look at how much just they're trying to help him build his massive tesla factory on chinese land. They even gave him loans, not just ordinary loans, it's a government loan. Another is he's income tax i their is low, and he is an icon in the industry of cars, technology, Internet etc etc etc.
i think that's not just luck in there, it's his pure skill in field. One tweet and it's all over thr internet. He's capabilities has no limits. I like his vision and he's planning to send people to Mars later on. Maybe it will be enough for you to say to that he can move the bitcoin market greatly if he succeed and say bitcoin is the currency on Mars.

[WatchMaker]

The pandemic surely helped Bitcoin and other cryptocurrencies be more widespread and I like seeing that there are many people that have understood the main benefits of it and they're keeping it as a store of value. Last year, 22% of the circulating USD was printed which was around $9 trillion. This clearly shows that the economy was f*cked up last year. The debts are now even bigger.

This is when Bitcoin was seen as a solution. Its deflationary and safe-heaven characteristics were recognized and everyone became abruptly bullish. Now I wonder, what will happen to Bitcoin once the pandemic is over? Once we'll live just like we did in 2019? It will surely have a big impact on the market, but I don't know if it'll be a negative or a positive for Bitcoin.

Exactly, the COVID-19 pandemic was very good for bitcoin and the entire cryptocurrency ecosystem because the pandemic has opened an eye for many people about bitcoin and cryptocurrency investments. During the COVID-19 pandemic lockdown people were looking for investment opportunities while at home, they are looking for investment opportunities online and here comes the bitcoin - that's what definitely changed the game.

[wxxyrqa]

The fact is that during the pandemic, Bitcoin is recognized all over the world as a very profitable asset, along with the usual assets. Based on this, the benefit of the pandemic is that once having believed in Bitcoin, this trust will remain with investors forever. Thus, the capitalization of bitcoin will only increase, of course, given the market corrections.