Golftech
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March 11, 2021, 04:32:00 AM |
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I think Bitcoin's development and Bitcoin price will probably decline a bit after the pandemic. Because maybe many people will return to investing in other assets, such as the stock market price will also rise again soon. But because Bitcoin also has strong fundamentals, with many institutions joining in. So I'm sure the enthusiasm for Bitcoin will remain high as well. Therefore there is nothing to worry about, the price of Bitcoin can still continue to rise. Because in the end people will be more aware that Bitcoin turns out to provide much greater profits.
Wont say so because once they had discovered this market and this is the place on where they do somehow make money when theres a pandemic then its really hard for you to forget on when you came from or where you do able to sustain yourself when you are in need.When it comes to adoption then theres no doubt to that because it will surely gradually increase overtime or as the years passed even lets say that people are turning back to traditional investments or markets that we do know. Bitcoin doesnt depend nor correlate on what are the external situations we are facing on, one things for sure is that it really grow no matter what. Before this investors comes around, there are already people who are managing their investment to this industry. Though there's really impact when those big names from institutional investors arrived, but they are not here to play pump and dump, they've seen big potential and they know taking it slowly but surely will bring more money to their pockets,. They already gaining for sure they will continue doing what they know they are best with.
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Ultegra134
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March 11, 2021, 10:08:44 PM |
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we already have a btc before the pademic began and we have good and bad times so maybe the old life that we have before are going to repeat ? fine i have no problems or complains to that infact i like the simplicity that we have before .
less issue , less scams , uhm and maybe lesser btc price ? but not the extent that it wasnt really profitable but theres always a way that the price can be worked out without the help of pandemic
Do you think this pandemic has a great impact on the Bitcoin market? And I think Bitcoin is already moving forward for the "it's a scam" era when people do start to appreciate it even if there's a hindrance to most of the social media and news before. This pandemic has nothing to do with the price of Bitcoin it's the results of the Bitcoin halving that most people are waiting to happen. It just happened that the pandemic is actually helping Bitcoin to appreciate because most people are using digital money due to lockdown that banks are having a limited people to come. I'm no expert here, thus my sayings could be all nonsense, however a large amount of people or companies went on the lookout for new investment opportunities. As a result, there were more daily transactions, (larger volume) and a wider audience, that could potentially boost the market. To return to the main subject, the economy will take years to recover from the pandemic, by the time this has been achieved, Bitcoin will have probably advanced even further, since it's already achieving a great growth.
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verita1
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March 11, 2021, 11:26:40 PM |
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Don't think that the bitcoin history of 2019 will repeat itself. Until now, those who believe in bitcoin have been convinced that their investments have a future.
Blockchain technology is conquering the way of doing things. Paypal, Visa, MasterCard and big investors have trusted bitcoin and the future is written.
Megacities like Miami are already being talked about as a technological emporium, and so on, the main capitals of the world will improve in technological innovation.
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arwin100
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March 11, 2021, 11:48:54 PM |
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we already have a btc before the pademic began and we have good and bad times so maybe the old life that we have before are going to repeat ? fine i have no problems or complains to that infact i like the simplicity that we have before .
less issue , less scams , uhm and maybe lesser btc price ? but not the extent that it wasnt really profitable but theres always a way that the price can be worked out without the help of pandemic
Do you think this pandemic has a great impact on the Bitcoin market? And I think Bitcoin is already moving forward for the "it's a scam" era when people do start to appreciate it even if there's a hindrance to most of the social media and news before. This pandemic has nothing to do with the price of Bitcoin it's the results of the Bitcoin halving that most people are waiting to happen. It just happened that the pandemic is actually helping Bitcoin to appreciate because most people are using digital money due to lockdown that banks are having a limited people to come. In some point you are right but there are scenarios to be consider and remember when pandemic is on heat people are at home no job no opportunities to find outside world that's why others try to find a source and they find bitcoin as good alternative and imagine how the demand rise when new people came maybe it gives impact a little bit but still so helpful since those people including us creates noise about it, if we talk about who contribute about the big growth well let's give the credit to the institutional investors since they are the one who hyped the scene.
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TheGreatPython
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March 12, 2021, 09:17:09 AM |
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Is bitcoin good at the moment? I think that's right, after the pandemic perhaps many people, or countries, will re-raise the issue of the importance of bitcoin to the economy. The pandemic is rebuilding for a better future, all the dread is over, and I think we are heading to the era of technology.
Bitcoin is the future, right I agree but I don't know how pandemic benefited bitcoins because covid-19 actually crashed the market last year and it took a couple of months to recover actually. It is only co-incidence for me that bitcoins started jumping once the covid-19 scare is towards its end. People suffered a lot financially which actually made them sell their assets including bitcoins last year and now they are buying back slowly which is the reason why the market is recovering so fast and reached a new ATH. Theoretically Bitcoin is the perfect solution for the inflation problem, in fact, the pandemic showed Bitcoin is still far from being the world currency.
Indeed, with the printing of more and more money, it will eventually cause inflation, and bitcoin helps in such situations. The market is still recovering from a low which was caused last year and it will take more time to recover and printing money is not helping actually.
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ultrloa
Legendary
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March 12, 2021, 10:21:35 AM |
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I think Bitcoin's development and Bitcoin price will probably decline a bit after the pandemic. Because maybe many people will return to investing in other assets, such as the stock market price will also rise again soon. But because Bitcoin also has strong fundamentals, with many institutions joining in. So I'm sure the enthusiasm for Bitcoin will remain high as well. Therefore there is nothing to worry about, the price of Bitcoin can still continue to rise. Because in the end people will be more aware that Bitcoin turns out to provide much greater profits.
Wont say so because once they had discovered this market and this is the place on where they do somehow make money when theres a pandemic then its really hard for you to forget on when you came from or where you do able to sustain yourself when you are in need.When it comes to adoption then theres no doubt to that because it will surely gradually increase overtime or as the years passed even lets say that people are turning back to traditional investments or markets that we do know. Bitcoin doesnt depend nor correlate on what are the external situations we are facing on, one things for sure is that it really grow no matter what. Before this investors comes around, there are already people who are managing their investment to this industry. Though there's really impact when those big names from institutional investors arrived, but they are not here to play pump and dump, they've seen big potential and they know taking it slowly but surely will bring more money to their pockets,. They already gaining for sure they will continue doing what they know they are best with. We cannot assume that all big institutional investors are here for the technology since what I think the other still here for investment purposes and they just threat the technology as a bonus, lets make elon as example for that and he use his influence by tweeting to manipulate the minds of investor the buy some bitcoins and doge coins. And hopefully he will not manipulate the market to collapsed since he has an issue about his doing on tesla shares https://www.businessinsider.com/tesla-hit-with-new-lawsuit-alleging-elon-musk-manipulated-stock-price-2018-8
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galestorm
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Futurov
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March 12, 2021, 01:44:02 PM |
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I heard news about the bitcoin surge that happened during the pandemic. On November 25, 2020 it reached a value of around 19,000 dollars and to be honest I didnt expect that to happen. I guess it had something to do with all the money printing that led to inflation. People see bitcoin as a safe haven asset, some even invested during the pandemic and considered it as a side income. It's good that people are now more informed when it comes to cryptocurrencies, after the pandemic I think bitcoin will gain more reputation and value.
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In the silence
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''Vincit qui se vincit''
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March 12, 2021, 02:44:46 PM |
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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.
When the pandemic is over, I'm quite sure that bitcoin and the crypto world would be accepeted slowly as it goes to be a solution for this kind of scenario. It would be adapted and consider as digital currency without being a threat to fiat currency.
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angrynerd88
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Hodlers Network
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March 12, 2021, 07:07:20 PM |
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It may wagered that bitcoin much way better result is have bitcoin will develop more after the widespread, the individuals knows that everything they claim and know as of now are delicate when a fiasco like widespread happens and as above mentioned bitcoin appeared that it can offer assistance amid the widespread and individuals will seek after it advance since they know that they can advantage from it and I accept that development is the as it were plausibility for bitcoin after a widespread.
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Cling18
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March 12, 2021, 09:00:24 PM |
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This pandemic has a positive effect on cryptocurrencies especially on Bitcoin because people have realized the importance of digital currency and online transactions. People have learned to invest in it because they have seen how it could grow as a currency. I'm sure that more adoptions will happen even after the pandemic.
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Fatunad
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March 12, 2021, 10:38:28 PM |
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This pandemic has a positive effect on cryptocurrencies especially on Bitcoin because people have realized the importance of digital currency and online transactions. People have learned to invest in it because they have seen how it could grow as a currency. I'm sure that more adoptions will happen even after the pandemic.
Not at all because considering on the economic situation then its hard to believe that people specially those ordinary ones would really make out some consideration on making out investment in times like this where everyone is really on the pit of hardship since not all would really be having that stable job or able to retain up themselves on this crisis but somehow the market didnt really get that much affected aspite of the crisis we are in but rather it did pumped out.Reason? Big companies and billionaires are on the line which it isnt really surprising that they would really be making out those market movements without needing the entire community to get involved on.For now the adoption rate is becoming even more bigger as the days goes by.
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AndySt
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March 12, 2021, 11:17:33 PM |
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This pandemic has a positive effect on cryptocurrencies especially on Bitcoin because people have realized the importance of digital currency and online transactions. People have learned to invest in it because they have seen how it could grow as a currency. I'm sure that more adoptions will happen even after the pandemic.
And yes and no at the same time. I am not sure that this positive effect is so significant specifically about digital currencies and online transactions, because any fiat currency has its own digital form and online transactions, so it is debatable to argue about a certain special role of bitcoin in the awareness of the importance of online transactions. The absolute majority of the population during the pandemic used fiat digital currencies much more and did not even think about bitcoin and other cryptocurrencies.
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CaVO32
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March 12, 2021, 11:26:27 PM |
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This pandemic has a positive effect on cryptocurrencies especially on Bitcoin because people have realized the importance of digital currency and online transactions. People have learned to invest in it because they have seen how it could grow as a currency. I'm sure that more adoptions will happen even after the pandemic.
Not at all because considering on the economic situation then its hard to believe that people specially those ordinary ones would really make out some consideration on making out investment in times like this where everyone is really on the pit of hardship since not all would really be having that stable job or able to retain up themselves on this crisis but somehow the market didnt really get that much affected aspite of the crisis we are in but rather it did pumped out.Reason? Big companies and billionaires are on the line which it isnt really surprising that they would really be making out those market movements without needing the entire community to get involved on.For now the adoption rate is becoming even more bigger as the days goes by. I do agree with you here. Not all people can afford to invest in a very risky and volatile environment during these challenging times. Most of them will secure their basic needs first before anything else. Though adoption is growing owed to this pandemic but still ordinary people won't invest yet in crypto. Maybe, it will be a good option for alternative payment method because a lot are now looking for digital payment, that's when small time users come in. The big investments that are going into crypto will come from these financial institutions and top companies. And this pandemic brought a lot of them to trust crypto investments.
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Sithara007
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March 13, 2021, 02:52:47 AM |
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I do agree with you here. Not all people can afford to invest in a very risky and volatile environment during these challenging times. Most of them will secure their basic needs first before anything else. Though adoption is growing owed to this pandemic but still ordinary people won't invest yet in crypto. Maybe, it will be a good option for alternative payment method because a lot are now looking for digital payment, that's when small time users come in. The big investments that are going into crypto will come from these financial institutions and top companies. And this pandemic brought a lot of them to trust crypto investments.
Most of these people are about to get their $1,400 stimulus cheques from the Biden administration. When people work hard for every penny they make, the idea of investing in an extremely volatile asset may not be very attractive. But that is not going to be the case when they receive free handouts from the government. At least a section of the population would be open to the idea of investing in cryptocurrency, albeit for small amounts such as $50 or $100.
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Ausgewielt
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March 13, 2021, 06:08:32 AM |
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Although it seems that many investors will invest in industry again but I think bitcoin still will be okay since we have big enough community who can make environment for bitcoin users so economic condition in our community can become more stable. Bitcoin related business will keep growing, the psychological effect of this pandemic will still affect our lives, although the pandemic end people will keep social distancing as there are some virus mutations. So online payment (cashless) will become more popular. I think bitcoin future still good.
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whyrqa
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March 13, 2021, 12:11:09 PM |
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Although it seems that many investors will invest in industry again but I think bitcoin still will be okay since we have big enough community who can make environment for bitcoin users so economic condition in our community can become more stable. Bitcoin related business will keep growing, the psychological effect of this pandemic will still affect our lives, although the pandemic end people will keep social distancing as there are some virus mutations. So online payment (cashless) will become more popular. I think bitcoin future still good.
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.
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#business #forextrader #bitcoinnews #invest
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AndySt
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March 13, 2021, 11:47:56 PM |
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I hope so that Bitcoin after the pandemic are still very high value , we know that is we have already vaccine and once it distributed to the whole world it is time for us to back to normal again and the people will go back to work and I hope those crypto investors are still remain to invest to the Bitcoin and the altcoins or even the tokens so they can earn more money with this help.
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.
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jaberwock
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March 14, 2021, 02:40:48 AM |
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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.
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tygeade
Legendary
Offline
Activity: 2282
Merit: 1061
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March 17, 2021, 09:01:02 AM |
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Don't think that the bitcoin history of 2019 will repeat itself. Until now, those who believe in bitcoin have been convinced that their investments have a future.
What history do you mean by 2019? I remember in 2017 the price reached its previous ATH and then it was dropped which is what concerns investors now as again we are floating around the new ATH, so there are investors who worry if there will be a dump followed again. But I don't remember what happened in 2019. Blockchain technology is conquering the way of doing things. Paypal, Visa, MasterCard and big investors have trusted bitcoin and the future is written.
Yes, the acceptance has grown and even Tesla has started accepting Bitcoins which I believe is better news than PayPal's Bitcoin acceptance. From what I have known and heard, PayPal doesn't allow user to withdraw bitcoins, only trade is allowed, I rather prefer to hold my Bitcoin in my own wallet with private keys written on the walls of my house . I highly doubt there will be a big dump this year or in the following years because what happened in 2017 was the manipulation of the market but now what we are witnessing is the growth of the market organically.
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Rossy Akbar
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March 17, 2021, 01:01:19 PM |
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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 think the stability of Bitcoin after the pandemic will be okay when the user keep their work to surrounding in this forum for making a good business, the economy failed after the pandemilc will be not so easy to grow up again, that's why we need to keep using bitcoin after this pandemic. I think more people using it will make a good impact for bitcoin value.
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