Bitcoin Forum
May 04, 2024, 07:12:26 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 »  All
  Print  
Author Topic: Bitcoin after the pandemic  (Read 4211 times)
Karartma1
Legendary
*
Offline Offline

Activity: 2310
Merit: 1422



View Profile
March 29, 2021, 07:15:55 PM
 #141

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.
No other asset performed like bitcoin during the last crazy year, nothing can compare against the our greatest orange friend! Regarding your comment about the fact that people believed in bitcoin, I hope don't just rely solely on belief but they should do their own research about why investing.
That's the way to go.
1714806746
Hero Member
*
Offline Offline

Posts: 1714806746

View Profile Personal Message (Offline)

Ignore
1714806746
Reply with quote  #2

1714806746
Report to moderator
1714806746
Hero Member
*
Offline Offline

Posts: 1714806746

View Profile Personal Message (Offline)

Ignore
1714806746
Reply with quote  #2

1714806746
Report to moderator
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714806746
Hero Member
*
Offline Offline

Posts: 1714806746

View Profile Personal Message (Offline)

Ignore
1714806746
Reply with quote  #2

1714806746
Report to moderator
1714806746
Hero Member
*
Offline Offline

Posts: 1714806746

View Profile Personal Message (Offline)

Ignore
1714806746
Reply with quote  #2

1714806746
Report to moderator
1714806746
Hero Member
*
Offline Offline

Posts: 1714806746

View Profile Personal Message (Offline)

Ignore
1714806746
Reply with quote  #2

1714806746
Report to moderator
Miike
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile
March 29, 2021, 09:44:12 PM
 #142

No doubt that the pandemic has brought so many lives, properties and and national economy to  total backwardness and uptill now some known Nations  are yet to fully recover from it it negative effects which also has affected bitcoin full time.
CarnagexD
Sr. Member
****
Offline Offline

Activity: 1498
Merit: 374


Leading Crypto Sports Betting & Casino Platform


View Profile
March 29, 2021, 10:11:17 PM
 #143

Bitcoin may show stable growth and positive marks during the pandemic, but this pandemic undoubtably put a lot of families and people into total turmoil, either because of loss of family members, finances, and even education at times. So as much as I am happy for bitcoin literally defying the odds and reaching greater heights after a very disappointing march 2020, the world is still yet to heal, what compels me is how bitcoin can be used to turn this situation around, perhaps in the near future.

█▀▀▀▀▀











█▄▄▄▄▄
.
Stake.com
▀▀▀▀▀█











▄▄▄▄▄█
   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
█▀▀▀▀▀











█▄▄▄▄▄
.
PLAY NOW
▀▀▀▀▀█











▄▄▄▄▄█
ECOS_CloudMining
Copper Member
Jr. Member
*
Offline Offline

Activity: 342
Merit: 1


View Profile WWW
March 30, 2021, 06:58:29 AM
 #144

We are sure that even after the end of the pandemic the impact on the market will be positive for BTC. More and more people start investing in crypto now. This trend will definitely continue.
Mauser
Hero Member
*****
Offline Offline

Activity: 1778
Merit: 528


View Profile
March 30, 2021, 08:19:16 AM
 #145

We are sure that even after the end of the pandemic the impact on the market will be positive for BTC. More and more people start investing in crypto now. This trend will definitely continue.

I really hope this is true. In my opinion a lot of people who got money from the Corona Relief Fund and didn't really needed it used it for investing. Buying either Stocks or Crypto currencies is a good idea. So if the pandemic goes on for another 2-3 years things could get very difficult, but if we manage to end it this year it should be a very positive outlook for Bitcoin. It all comes down to if the vaccines are going to be enough and if we can actually manage to open the economies again.
oHnK
Hero Member
*****
Offline Offline

Activity: 1414
Merit: 574


View Profile
March 30, 2021, 01:25:03 PM
 #146

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.

It would be too much to expose the profile and background of Elon musk to his relationship with Bitcoin.  You may find it very great but for me it is normal.  You only admire the figure of Elon Musk to move the market even though the essence of Bitcoin when it was first created would have aspired to the current hype. Sooner or later without Elon, Bitcoin will still have a very high value because the basis of its creation is against the paradigm of modern economists.
Rana590
Sr. Member
****
Offline Offline

Activity: 1750
Merit: 267


View Profile
March 30, 2021, 02:30:18 PM
 #147

We are sure that even after the end of the pandemic the impact on the market will be positive for BTC. More and more people start investing in crypto now. This trend will definitely continue.
Most of the people are working from home in this pandemic situation. A lot of people have lost their jobs and earning opportunity. After pandemic situation, people will be able to invest again on bitcoin and this will be positive sign for bitcoin. I hope, after pandemic, we will be able to see a great move of bitcoin.
Golftech
Hero Member
*****
Offline Offline

Activity: 2128
Merit: 520


View Profile
March 30, 2021, 05:49:55 PM
 #148

We are sure that even after the end of the pandemic the impact on the market will be positive for BTC. More and more people start investing in crypto now. This trend will definitely continue.
Most of the people are working from home in this pandemic situation. A lot of people have lost their jobs and earning opportunity. After pandemic situation, people will be able to invest again on bitcoin and this will be positive sign for bitcoin. I hope, after pandemic, we will be able to see a great move of bitcoin.

A lots of good movements happened inside this industry, for sure after this pandemic and once people already got a better

financial status, investing to this market will also considered. A lots of actions and more and more new investment will flow inside

this market, we seen it now even the virus still hitting more places around the world, the interest are weighting in. There are more

to come as expected.
South Park
Hero Member
*****
Offline Offline

Activity: 2884
Merit: 794


I am terrible at Fantasy Football!!!


View Profile
March 30, 2021, 09:56:01 PM
 #149

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.
I don't really think that a lot is going to change, people are slowly opening their eyes about what governments are doing with fiat currencies and there are many reasons for this, probably one of the most important is the Internet, it is almost impossible to imagine our lives without Internet right now but a few decades ago the Internet did not existed so it was impossible to get unfiltered information as we do now, so governments controlled what their citizens knew about the system and as such it was easier to control them, but since that is not the case anymore people are realizing the scam of fiat currencies and they do not want to play part in that system anymore.

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
Mr.right85
Hero Member
*****
Offline Offline

Activity: 910
Merit: 645



View Profile WWW
March 30, 2021, 10:01:47 PM
 #150

The pandemic turned out to be a blessing 8n disguise for most persons and nations too. As it opened the eyes of citizens to see the need for other forms of investments, online investments for which, the government have little or no influence over and isn't bounded by any boundary. This is what they found in bitcoi  and cryptocurrencies and as such, the crypto market which fell at the initial phase of the pandemic soon experienced a boom as it gained new investors and since then, its just being going on and on. The pandemic became the push crypto needed.

.
SPIN

       ▄▄▄██████████▄▄▄
     ▄███████████████████▄
   ▄██████████▀▀███████████▄
   ██████████    ███████████
 ▄██████████      ▀█████████▄
▄██████████        ▀█████████▄
█████████▀▀   ▄▄    ▀▀▀███████
█████████▄▄  ████▄▄███████████
███████▀  ▀▀███▀      ▀███████
▀█████▀          ▄█▄   ▀█████▀
 ▀███▀   ▄▄▄  ▄█████▄   ▀███▀
   ██████████████████▄▄▄███
   ▀██████████████████████▀
     ▀▀████████████████▀▀
        ▀▀▀█████████▀▀▀
.
RIUM
.
███
███
███
███
███
███
███
███
███
███
███
███
SAFE GAMES
WITH WITHDRAWALS
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
.
███
███
███
███
███
███
███
███
███
███
███
███
▄▀▀▀











▀▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
SIGN UP


▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▄











▄▄▄▀
sapnu
Sr. Member
****
Offline Offline

Activity: 1036
Merit: 286


View Profile
April 01, 2021, 02:48:31 PM
 #151

Bitcoin made a huge jump on the duration of the pandemic, maybe it was all because plenty of people all over the world are trying to avoid physical transactions and wanted to invest their money on other investment instruments otger than the bank. Once the pandemic is over, everything won't be the same anymore. Bitcoin will continue its reign of dominance or the other way around, we can never be certain about its future. It would be best if we'll keep on monitoring the price change in the market to figure out if an income dump or pump is coming. Let us hope this pandemic stops already so we can see greater opportunity otside, we've been caged inside our houses for so long already. Maybe its beneficial for bitcoin but not for everyone, also maybe better things would happen for bitcoin if it ends finally.
TheGreatPython
Sr. Member
****
Offline Offline

Activity: 2520
Merit: 329



View Profile
April 01, 2021, 03:48:52 PM
 #152

In my opinion a lot of people who got money from the Corona Relief Fund and didn't really needed it used it for investing. Buying either Stocks or Crypto currencies is a good idea. So if the pandemic goes on for another 2-3 years things could get very difficult, but if we manage to end it this year it should be a very positive outlook for Bitcoin. It all comes down to if the vaccines are going to be enough and if we can actually manage to open the economies again.
Another important part about this is the fact that some nations pick vaccinations and think that one is better than the other. It could very well might be true, maybe some vaccinations are better than the others I can't say it is not because I am not a scientist, but the reality is that if we have one vaccination in our hands, we will use that and we can't just wait for the other one to come neither, that would be very difficult, for example Europe doesn't accept Chinese vaccination as acceptable and doesn't take people who are vaccinated with that, and that means if you are in a nation with Chinese vaccination you have to get it done or you have a bigger chance to die but Europe says they will not allow you to go to Europe if you have it, so you have a possibility of dying while waiting for their vaccination instead, does that make any sense at all?

       ███████████████▄▄
    ██████████████████████▄
  ██████████████████████████▄
 ███████   ▀████████▀   ████▄
██████████    █▀  ▀    ██████▄
███████████▄▄▀  ██  ▀▄▄████████
███████████          █████████
███████████▀▀▄  ██  ▄▀▀████████
██████████▀   ▀▄  ▄▀   ▀██████▀
 ███████  ▄██▄████▄█▄  █████▀
  ██████████████████████████▀
    ██████████████████████▀
       ███████████████▀▀
.
Duelbits
███████████████████████████████████████████████    ████    ████    ████
████    ████    ████

.
THE MOST REWARDING CASINO
.
████    ████
███████████████    ████    ████
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
████▄█▄███▄█▄███▄█▄████
███████████████████████   ▄██▄
██     ██     ██     ██   ▀██▀
██ ▀▀█ ██ ▀▀█ ██ ▀▀█ ██    ██
██  █  ██  █  ██  █  ██
█▌  ██
██     ██     ██     ████  ██
█████████████████████████  ██
████████████████████████████▀
█████████████████████████
█████████████████████████
████████████████████████▌
     +4,000     
PROVABLY FAIR
GAMES
  $500,000 
MONTHLY
PRIZE POOL
    $10,000   
BLACKJACK
GIVEAWAY
imstillthebest
Full Member
***
Offline Offline

Activity: 1638
Merit: 122


View Profile
April 01, 2021, 04:48:03 PM
 #153

We are sure that even after the end of the pandemic the impact on the market will be positive for BTC. More and more people start investing in crypto now. This trend will definitely continue.
they inves because their primary source of income are temporary closed
I really hope this is true. In my opinion a lot of people who got money from the Corona Relief Fund and didn't really needed it used it for investing. Buying either Stocks or Crypto currencies is a good idea. So if the pandemic goes on for another 2-3 years things could get very difficult, but if we manage to end it this year it should be a very positive outlook for Bitcoin. It all comes down to if the vaccines are going to be enough and if we can actually manage to open the economies again.

they need the money because livelihood of the people are affected but if there is an excess in that fund they can use it for crypto investment because it can help them earn while waiting for the situation to settle .
if the lockdown periods are extended it wont cause difficulty to the individuals that are covered by help but it can cause problem to the government
carlisle1
Hero Member
*****
Offline Offline

Activity: 2744
Merit: 541

Campaign Management?"Hhampuz" is the Man


View Profile
April 01, 2021, 05:08:35 PM
 #154

Bitcoin made a huge jump on the duration of the pandemic, maybe it was all because plenty of people all over the world are trying to avoid physical transactions and wanted to invest their money on other investment instruments otger than the bank. Once the pandemic is over, everything won't be the same anymore. Bitcoin will continue its reign of dominance or the other way around, we can never be certain about its future. It would be best if we'll keep on monitoring the price change in the market to figure out if an income dump or pump is coming. Let us hope this pandemic stops already so we can see greater opportunity otside, we've been caged inside our houses for so long already. Maybe its beneficial for bitcoin but not for everyone, also maybe better things would happen for bitcoin if it ends finally.

There's a lots of speculations and yes because of this pandemic people start to see the big potential of Bitcoin.

The value rises up not just because of this pandemic but also because of those participations coming from big investors and businesses who
shows support to this chain.

Most probably once everyone is free to go out, the chance of having more investors are possible, as some are still don't have enough fund
but once they've gathered money they'll be coming to start investing.
mamesso
Hero Member
*****
Offline Offline

Activity: 2114
Merit: 740


Leading Crypto Sports Betting & Casino Platform


View Profile
April 01, 2021, 05:52:25 PM
 #155

With a fully decentralized system, Bitcoin is far from desiring central banks and governments for quantitative easing. Plus the digital scarcity embedded in bitcoin DNA, because the maximum supply is only 21 million token, this is one of the main characteristics that will continue to increase in value over time and form the widespread perception that Bitcoin is (digital gold), because Bitcoin is superior to the value of other assets by being a global means of exchange.
Especially when the world is hit by a pandemic, crypto is the best solution for some people who are currently unable to use banks because of the lockdown set by the government, so they are forced to live in a confined environment which makes sending and receiving money more difficult, Both when making transactions internationally and with the closest family. That way they are better prepared to face the global economic crisis. like the current market crash due to COVID-19.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
gbrendeh
Jr. Member
*
Offline Offline

Activity: 172
Merit: 1


View Profile
April 01, 2021, 06:13:48 PM
 #156

Pandemic has a very little effect on the price of BTC. When great influential and the richest man in the world are in the game, you should not expect anything less. Besides, Paypal is introducing the acceptance of BTC as a medium of payment to all merchants which are in millions, Visa just announced the same using Ethereum blockchain and USDC. All these contributed a lot and hence bring about the mass adoption we are seeing recently.
Jet Cash
Legendary
*
Offline Offline

Activity: 2702
Merit: 2456


https://JetCash.com


View Profile WWW
April 01, 2021, 06:20:01 PM
 #157

Which pandemic do you mean
Are you referring to the Woke wankers who are infecting society

Offgrid campers allow you to enjoy life and preserve your health and wealth.
Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars.
My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys
AndySt
Legendary
*
Offline Offline

Activity: 2142
Merit: 1012


View Profile
April 01, 2021, 11:41:06 PM
 #158

Pandemic has a very little effect on the price of BTC. When great influential and the richest man in the world are in the game, you should not expect anything less. Besides, Paypal is introducing the acceptance of BTC as a medium of payment to all merchants which are in millions, Visa just announced the same using Ethereum blockchain and USDC. All these contributed a lot and hence bring about the mass adoption we are seeing recently.
I strongly disagree about the very small impact of the pandemic on the current price of bitcoin, because let's not forget that the current fantastic growth rates of capitalization of some companies and, accordingly, the wealth of their key shareholders happened due to the policy of printing a lot of money precisely because of the pandemic. And I personally am not sure that after the collapse of such a policy by central banks, the bitcoin exchange rate will remain at such price levels.
qwertyup23
Hero Member
*****
Offline Offline

Activity: 2240
Merit: 787



View Profile
April 02, 2021, 03:32:17 AM
 #159

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.

I doubt that there will be a significant change in the value of bitcoin even after the pandemic.

One important thing to note, it is estimated that the whole world would normalize their operations after 5-6 more years due to the variants of the virus which hinders health developments. One important thing that I learned is to HODL the coins and save it for the future or until its value matures depending on my goal. The virus definitely helped increased its value but that factor alone does not depend solely on why its price skyrocketed in the first place.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
Lorence.xD
Sr. Member
****
Offline Offline

Activity: 1624
Merit: 315


Leading Crypto Sports Betting & Casino Platform


View Profile
April 02, 2021, 05:04:40 AM
 #160

Pandemic has a very little effect on the price of BTC. When great influential and the richest man in the world are in the game, you should not expect anything less. Besides, Paypal is introducing the acceptance of BTC as a medium of payment to all merchants which are in millions, Visa just announced the same using Ethereum blockchain and USDC. All these contributed a lot and hence bring about the mass adoption we are seeing recently.
I beg to differ because most pumps in the prices were caused by people putting their stimulus checks into bitcoin and those checks were not possible if there wasn't a pandemic. Yes there are institutional adoptions coupled with that but that doesn't discount the fact that the pandemic contributed less on the growth. Maybe after pandemic, people are going to introduce bitcoin to other people when they can finally get out and institutional investors are still going in.

█▀▀▀▀▀











█▄▄▄▄▄
.
Stake.com
▀▀▀▀▀█











▄▄▄▄▄█
   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
█▀▀▀▀▀











█▄▄▄▄▄
.
PLAY NOW
▀▀▀▀▀█











▄▄▄▄▄█
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!