Bitcoin after the pandemic

[Trinx01]

Even though the pandemic will over, ai don't think that bitcoin will crash too much but we can say that this pandemic brought so much with the inflation of bitcoin because a lot of people became focused more on the internet and exploring the crypto world. A lot of people now are exploring the crypto world so even though the pandemic would go there would still be a lot of people who still prefer cryptocurrency.

[mezzaluna]

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.

This pandemic is one of the reason on why most people realized people are really not that hygienic and it pushed most countries to adapt a more digitized world. This is where Cryptocurrencies come in and its not just because of the pandemic but also because of the utilization that it boasted throughout this hard times. Having a cashless way to do transactions surely made them realized that doing this is hassle free and its also another form of investment. Bitcoin after the pandemic would still be usable because it is a digital currency which is useful on a lot of situations.

[Ozero]

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.

The coronavirus pandemic had only a negative attitude towards bitcoin and other cryptocurrencies in the initial period of its occurrence. We remember that in March last year, then the price of bitcoin dropped sharply to four thousand dollars. Of course, at the same time it was a good opportunity to buy it. However, since then, I believe that the coronavirus has a generally positive effect on cryptocurrency, since the general isolation of the population has aroused people's interest in cryptocurrency and increased demand for it, including due to fears of a high level of inflation.
After the victory over the coronavirus, these positive trends will continue.

[acquafredda]

One thing is for sure, those who embraced bitcoin right after the March 2020 will stick to bitcoin forever since they truly recognized the true value of BTC after the huge pandemic hit! It went just parabolic after that, how could somebody who invested not be amused?
So definitely there so much to see after the pandemic will be over.

[Natsuu]

One thing is for sure, those who embraced bitcoin right after the March 2020 will stick to bitcoin forever since they truly recognized the true value of BTC after the huge pandemic hit! It went just parabolic after that, how could somebody who invested not be amused?
So definitely there so much to see after the pandemic will be over.

But the pandemic made a major factor, as people don't have anything to do at home, and it is boring (REALLY BORING) to be at home doing nothing and just videocalling for work.

We can say that pandemic really has a really nice factor that make BTC, or shall we say CRYPTO great. And as you said, it is parabolic, so we will see a really great correction in some time this year or next year. Its just that we don't know if it will happen before pandemic ends, or after pandemic ends.

[uneng]

It's hard to answer this question because there are institutional investors really interested in bitcoin (more related to technology businesses) and there are another big investors who just want to protect their patrimony from fiat devaluation and high inflation rates that is insanely happening at this moment, especially due to the pandemic.

Once global economy normalizes and starts rising again the second category of investors I mentioned is probably going to cashout their funds from bitcoin to investments like stocks and traditional assets again. We must wait by this day to see how deep will be this impact for crypto market. On the other hand, the first category of investors mentioned above tends to keep holding and investing in bitcoin more and more, what can help to keep the market stable or at least to let us have a smoother bear market.
And there is another theory yet saying the global economy won't recover never more through the currently economical system and there will be a big reset. In this case bitcoin is only going to increase in value.

[Ridwan Fauzi]

I heard the vaccine has been coming in a few months ago but I haven't seen a great impact from the vaccine. I mean, the question is where this pandemic is over? I guess it needs a long time to see this pandemic is over. We have been passed this pandemic foe at least one year and we can't do anything.

As for bitcoin price after pandemic, I believe it will be the same as now. The people will just afraid to sell their investment and choose money fiat as their place but the shadow of inflation will always exist, so they will just focus to store their money into bitcoin or in another save heaven asset like gold.

[BuNga_cute]

For me Bitcoin before the pandemic and after the pandemic was very different, because after the pandemic many people began to understand
Bitcoin is very good for a store of value compared to other assets. Therefore a few days ago the US government distributed stimulus checks,
and from the many articles I read that many check stimulus recipients use to buy Bitcoin. Because they realize that Bitcoin's performance in
the current pandemic situation is the best to be able to make money. As long as the pandemic is not over people will prefer to store their wealth
in Bitcoin, because it is the only asset that can provide huge profits in a pandemic situation like now.

[aioc]

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.

It's going to be positive, the institutions will be active again many companies are open again and people will continue to invest we will have a lively economy again, and part of that lively economy are people investing more in Cryptocurrency, in times of pandemic people are in panic and just hoarding huge amount of money in their home because they don't trust the stock market in times of pandemic.

[gatti]

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.

It's going to be positive, the institutions will be active again many companies are open again and people will continue to invest we will have a lively economy again, and part of that lively economy are people investing more in Cryptocurrency, in times of pandemic people are in panic and just hoarding huge amount of money in their home because they don't trust the stock market in times of pandemic.

Bitcoin is far from becoming a safe haven like gold or silver, even though its current trajectory looks similar. These are monumental changes in the underlying and will only change if the Fiat system itself is under threat. There are various narratives surrounding Bitcoin, but the biggest one still remains the fact that most volumes are due to trading. Some would argue it is gambling of sorts, while some will see a move towards digital gold.Keep in mind, equities as a traditional assets are looking very lucrative right now.

[acquafredda]

One thing is for sure, those who embraced bitcoin right after the March 2020 will stick to bitcoin forever since they truly recognized the true value of BTC after the huge pandemic hit! It went just parabolic after that, how could somebody who invested not be amused?
So definitely there so much to see after the pandemic will be over.

But the pandemic made a major factor, as people don't have anything to do at home, and it is boring (REALLY BORING) to be at home doing nothing and just videocalling for work.

We can say that pandemic really has a really nice factor that make BTC, or shall we say CRYPTO great. And as you said, it is parabolic, so we will see a really great correction in some time this year or next year. Its just that we don't know if it will happen before pandemic ends, or after pandemic ends.

A friend of mine who dismissed bitcoin every time I tried to explain it to him, leveraged these pandemic days to learn more about it and become a maximalist. After he read the Bitcoin Standard and Understanding Bitcoin he went absolutely crazy. He was also lucky to buy a single coin at $6000 in May. Funny?

[CaVO32]

One thing is for sure, those who embraced bitcoin right after the March 2020 will stick to bitcoin forever since they truly recognized the true value of BTC after the huge pandemic hit! It went just parabolic after that, how could somebody who invested not be amused?
So definitely there so much to see after the pandemic will be over.

But the pandemic made a major factor, as people don't have anything to do at home, and it is boring (REALLY BORING) to be at home doing nothing and just videocalling for work.

We can say that pandemic really has a really nice factor that make BTC, or shall we say CRYPTO great. And as you said, it is parabolic, so we will see a really great correction in some time this year or next year. Its just that we don't know if it will happen before pandemic ends, or after pandemic ends.

A friend of mine who dismissed bitcoin every time I tried to explain it to him, leveraged these pandemic days to learn more about it and become a maximalist. After he read the Bitcoin Standard and Understanding Bitcoin he went absolutely crazy. He was also lucky to buy a single coin at $6000 in May. Funny?

Indeed, there are newcomers owed to this pandemic. I have the same experience last year. My colleague suddenly contacted me about how to transact with bitcoin as she knew that I was into crypto even before pandemic. I usually don't approach first explaining what crypto is or how to transact with crypto, because normally, they won't listen to you. But times has changed. A lot have had time last year to learn more about bitcoin or crypto because they were stuck at home and they were reading some good news about bitcoin. And the good thing is, they have seen its rise and up to what it achieved today. So yes, this pandemic brought a lot of positives in crypto. Even financial institutions and large companies are now involve in this industry.

[jaysabi]

The fact is that to date, quite large capitals have already entered Bitcoin, and institutional capital has migrated to the cryptocurrency market in a significant part. I believe that this trend will continue, as I am confident that before investing in bitcoin, the owners of large investment portfolios have done a global research and are confident in the prospects for Bitcoin in the future.

There is no way that it wouldn't continue. Look at all the companies that got into crypto, it is something to marvel at because those who invested billions of dollars made some billions of dollars in just few more months, that is unheard of anywhere in the trading world or finance world, nobody puts in few billion dollars and double it in less than half a year, but these people did it.

Grayscale and microstrategy started buying all the way from 10-15k range, and tesla bought in 40k or so range, and it is crazy to think that they have billions thanks to their investments. There is zero chance that other companies who see this increase in bitcoin and the profit making possibility of bitcoin and not go in, all those huge wall street companies, british ones, european ones, and any other nation, all those companies will get in with their billions of dollars, then we will have bitcoin at 500k+ for sure.

Please stop putting Grayscale in the same bucket as companies that buy bitcoin as part of their treasury. These are two different things and Grayscale buying bitcoin has absolutely nothing to do with bitcoin treasury purchases. 

And yes, there is significant possibility that other companies see bitcoin rise and still don't purchase it. Because it happens every day.  Far more often than what you're claiming happens.  The level of hype here doesn't look any different from speculators in the 2000s saying "anyone who doesn't flip houses is an idiot, there's no way more people aren't going to continue to get into the market and push prices up." 

There are no guarantees in investing. Not with housing in 2000s, not with crypto now.

[AndySt]

Indeed, there are newcomers owed to this pandemic. I have the same experience last year. My colleague suddenly contacted me about how to transact with bitcoin as she knew that I was into crypto even before pandemic. I usually don't approach first explaining what crypto is or how to transact with crypto, because normally, they won't listen to you. But times has changed. A lot have had time last year to learn more about bitcoin or crypto because they were stuck at home and they were reading some good news about bitcoin. And the good thing is, they have seen its rise and up to what it achieved today. So yes, this pandemic brought a lot of positives in crypto. Even financial institutions and large companies are now involve in this industry.

I would not say that financial institutions and large companies have started investing in bitcoin precisely because of the pandemic. It's just that the time has come and the big players have begun to mature for such operations. Any new thing must first win the trust of the market and only then can we talk about the scale of the phenomenon. If earlier the main role in the market of crypto assets was played by private investors, now they began to add large players such as financial organizations and large companies, and by the way, for this period of time, I have much more expectations from entering the market of large financial organizations.

[perfect999]

We all also very much expect and hope for a high bitcoin price after the pandemic, but we must always be realistic and keep in mind other scenarios of the situation. A significant part of its current price for bitcoin was formed due to the attitude of investors to bitcoin as a protective asset, and measures of financial stimulation of the economy by state governments also play a role. But after the end of the pandemic, these factors will not be so significant and it is worth hoping and believing that there will not be a multiple drop in the price as a result of the correction.

Another thing to keep in mind is that the more the investors, the better it is for the market but all these investors are going to sell at some point for sure which will always create holes in the market and bring it down. One thing we all are skipping is that we have large investors into bitcoins like Tesla and MicroStrategy, instead of a lot of small investors, the latter being the healthier option for any market.

I am not saying we need to panic because the involvement of large investors also shows that bitcoin has gained more trust from investors and even more acceptance in the market. Just don't get carried away with the price and be realistic in your approach to where you want to sell, at some point you have to. If you have invested as a long term investor who doesn't care about the price at all, then you should not care what happens in the market.

[Natsuu]

One thing is for sure, those who embraced bitcoin right after the March 2020 will stick to bitcoin forever since they truly recognized the true value of BTC after the huge pandemic hit! It went just parabolic after that, how could somebody who invested not be amused?
So definitely there so much to see after the pandemic will be over.

But the pandemic made a major factor, as people don't have anything to do at home, and it is boring (REALLY BORING) to be at home doing nothing and just videocalling for work.

We can say that pandemic really has a really nice factor that make BTC, or shall we say CRYPTO great. And as you said, it is parabolic, so we will see a really great correction in some time this year or next year. Its just that we don't know if it will happen before pandemic ends, or after pandemic ends.

A friend of mine who dismissed bitcoin every time I tried to explain it to him, leveraged these pandemic days to learn more about it and become a maximalist. After he read the Bitcoin Standard and Understanding Bitcoin he went absolutely crazy. He was also lucky to buy a single coin at $6000 in May. Funny?

Well that's the magic in Crypto, it is fearsome and time consuming if you see it at first, but as you understood and learn things about Crypto. You became more inclined and go towards just like the others.

[oHnK]

We all also very much expect and hope for a high bitcoin price after the pandemic, but we must always be realistic and keep in mind other scenarios of the situation. A significant part of its current price for bitcoin was formed due to the attitude of investors to bitcoin as a protective asset, and measures of financial stimulation of the economy by state governments also play a role. But after the end of the pandemic, these factors will not be so significant and it is worth hoping and believing that there will not be a multiple drop in the price as a result of the correction.

Another thing to keep in mind is that the more the investors, the better it is for the market but all these investors are going to sell at some point for sure which will always create holes in the market and bring it down. One thing we all are skipping is that we have large investors into bitcoins like Tesla and MicroStrategy, instead of a lot of small investors, the latter being the healthier option for any market.

I am not saying we need to panic because the involvement of large investors also shows that bitcoin has gained more trust from investors and even more acceptance in the market. Just don't get carried away with the price and be realistic in your approach to where you want to sell, at some point you have to. If you have invested as a long term investor who doesn't care about the price at all, then you should not care what happens in the market.

It is true that if you look at the current conditions there will be times when investors start selling their assets at a certain point.  In the future, if there is a negative signal, it will definitely drop very deeply because most of the time, retail investors with a background are following the trend.  If negative issues come down from Tesla owners, the crypto market will be affected quite a lot.  Because Elon musk also has a strong influence in crypto.

[Ewox]

We’ll never actually know what the outcome will be after the pandemic and what will Bitcoin’s value be with the people who have invested in them during the pandemic. Some may have understood the real purpose of Bitcoin and some may have just joined in because it was the easiest and most convenient way for people to use their money. But I do hope most people will still hold on to their cryptocurrencies when the pandemic is over, ‘cause people tend to have this habit of liking one thing today and sometimes not wanting to do with anything the next.

[Twentyonepaylots]

I imagine bitcoin staying as it is after the pandemic has subsided. There's no big factors that would greatly affect its price anyway so I don't see how it's price will drop or rise drastically. Unless a huge buy or a huge sell is made by one or more people. This could cause a big change in the price and altogether alter bitcoin's value. Then again at the end of the day these man-made factors cannot be put into the equation beforehand because they're very unpredictable.

[cabron]

I imagine bitcoin staying as it is after the pandemic has subsided. There's no big factors that would greatly affect its price anyway so I don't see how it's price will drop or rise drastically. Unless a huge buy or a huge sell is made by one or more people. This could cause a big change in the price and altogether alter bitcoin's value. Then again at the end of the day these man-made factors cannot be put into the equation beforehand because they're very unpredictable.

There will be selling after the pandemic, there is no telling however when the pandemic will end. The economy will still struggle even after the pandemic though, you can imagine people selling their properties for less than 50% of the price they bought. If the ones selling their BTC are selling for USD which is also collapsing that its purchasing power is diminishing it will just be pointless.