proTECH77
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April 02, 2021, 07:54:59 AM |
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Pandemic have nothing to do with decentralized currency because bitcoin is a digital currency that is not control by any country in the world. It pump and dump without any government permission. During the pandemic many people thought pandemic is the reason why bitcoin was pumping until now that bitcoin price is still increasing in the market to prove them wrong that pandemic is not behind of the pumping in the exchange market. Many government just recover from the lost the pandemic caused to their economy.
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Sithara007
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April 03, 2021, 03:49:31 AM |
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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. Stimulus checks hasn't reached a majority of the recipients yet. From the latest estimate, the checks have been sent to 130 million people, but there will be delays in receiving and encashing them. IMO, the full impact will be known only after 2-3 months. 7th April is the date being given for social security payments. BTW, now there is a new proposal for monthly stimulus checks of $2,000 for every American, until the pandemic is eradicated. The details can be found here: https://www.dataforprogress.org/blog/2021/1/04/65-percent-support-monthly-2000-checks
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Golftech
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April 03, 2021, 04:08:46 AM |
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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. Both have impacts but it's more weight with institutional investors, they've got a huge amount of investment compared to those combined stimulus recipients, if those institutional investors multiplies their invested money the impact will surely pumped the market, while with stimulus holders, they can also move the market but not that much.
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South Park
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April 04, 2021, 10:06:29 PM |
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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.
We need to be considerate here, while I understand your point millions of people have died because of the pandemic and many more have lost their jobs and right now do not have a way to support their family, the pandemic has been terrible for the world and it is a shame that people had to go through in order to learn those lessons that you are speaking of, however I'm not so sure that the lessons they have learned are going to stick for the long term especially if things go back to some semblance of normality during the next months.
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Sithara007
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April 05, 2021, 03:51:16 AM |
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Both have impacts but it's more weight with institutional investors, they've got a huge amount of investment
compared to those combined stimulus recipients, if those institutional investors multiplies their invested money
the impact will surely pumped the market, while with stimulus holders, they can also move the market but not
that much.
It will be wrong to make such claims without knowing exactly how much amount was put by the institutional investors and the individual investors. According to some of the researchers, more than $25 billion from the stimulus checks will be used to purchase Bitcoin in the coming months. I really doubt whether the new influx from institutions is worth more than this amount. Therefore I would say that the current rally is being driven by individuals, who are using their stimulus checks to purchase BTC.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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TimeTeller
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April 06, 2021, 10:31:27 PM |
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This Pandemic brings us into many different thoughts, from business to industry, economy and even own our national status, and bitcoin is not exempted, we thought a lot about how was bitcoin after pandemic? we see how it became so low during this time but we also hoping it will full blast after Pandemic, it's like sleeping Giant we don't know when and how but when it happen it would be beneficial for everyone who engaged into it much so to those who invest..so let's hope for the best!
This pandemic crisis brought a lot of positives to crypto. In its own way, it finds its way to be noticed by the public and for the community to recognize its great potential in the payment industry. Now, not only in payment aspect but more so on its investment side. BTC holders are keeping their coins mostly for investment options. In general, this pandemic brought negative and positive results. And when it comes to crypto, positive mostly.
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Bizoran
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April 08, 2021, 04:58:57 PM |
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Unless you can walk into a shop make a selection of goods, go to the counter scan their QR code and pay via Bitcoin (and the transaction is confirmed near instantly as is the case with the Lightning Network), then bitcoin's only real continued attraction will be with the speculative investors with a few thousand/million cash to spare that they don't mind parking for three to six months, then the novelty wears off and dump on the next unsuspecting investor.
Yes, if this initiative could be adopted and implemented in all countries of the world, it would be much better to go to any store to buy a product and trade in Bitcoin. Hopefully this initiative will be implemented in all countries of the world soon
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The Sceptical Chymist
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April 08, 2021, 10:19:50 PM |
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Its deflationary and safe-heaven characteristics were recognized and everyone became abruptly bullish.
Lol, I don't think that's quite what happened. More like governments across the globe have been providing their citizens with free money in the form of stimulus, and people have been blowing said money on all sorts of speculative investments, bitcoin and other cryptos being among them. That and big purchases by deep-pocketed companies like MicroStrategy, Tesla, and others have led to the crazy bull market we're in--not that people suddenly realized the fundamental value of bitcoin. As for what's going to happen to bitcoin (and the altcoin market, too) after COVID-19, I get a queasy feeling in my stomach when I think about what'll happen when interest rates start to rise or if unemployment starts to go up, in addition to the inflation of the USD that I've been expecting for years now. In other words, if the economy in general gets fucked up bitcoin and all of its little duckling alts are going to suffer. Massively. However, I'm hoping for the best. These have certainly been some of the darkest days of my lifetime, and I've got my fingers crossed that things aren't going to get worse. Should that be the case, it ought to bode well for bitcoin.
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Ridwan Fauzi
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April 08, 2021, 10:40:41 PM |
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Pandemic have nothing to do with decentralized currency because bitcoin is a digital currency that is not control by any country in the world. It pump and dump without any government permission. During the pandemic many people thought pandemic is the reason why bitcoin was pumping until now that bitcoin price is still increasing in the market to prove them wrong that pandemic is not behind of the pumping in the exchange market. Many government just recover from the lost the pandemic caused to their economy.
Traditional investor need a place to store their money, that is the point. I mean, when the pandemic came almost traditional market fallen, right? It means most traditional investor lost their money. If they still continue to keep their money whereas the investment place continue to decrease it is just will make they continue lose their money. This is why, bitcoin is a choice for them to atleast store their money. If they keep money in the bank the inflanation will be the first risk that will be faced. If they keep their money in the traditional market they will also loss their money. So as they will buy bitcoin or gold as alternative, so in my opinion pandemic is caused the price bitcoin pump.
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AndySt
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April 08, 2021, 10:43:47 PM |
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As for what's going to happen to bitcoin (and the altcoin market, too) after COVID-19, I get a queasy feeling in my stomach when I think about what'll happen when interest rates start to rise or if unemployment starts to go up, in addition to the inflation of the USD that I've been expecting for years now. In other words, if the economy in general gets fucked up bitcoin and all of its little duckling alts are going to suffer. Massively.
The economy has already suffered as a result of the pandemic and still continues to suffer with some signs of recovery, because governments and the population have already come to terms with the ongoing pandemic and have found ways to continue economic activity. Therefore, after the end of COVID 19, it seems that we should expect an increase in economic activity, but it is not fully clear how this will correlate with the inflated stock market and whether this will lead to another crisis. In theory, in the subsequent crisis, bitcoin will have to behave as a protective asset, but not immediately and not constantly, last year's events about the exchange rate of bitcoin clearly hint at this.
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capcaypro
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April 09, 2021, 12:39:08 PM |
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I think there must be a little bit of influence, both positive and negative.
On the positive side, my prediction is that there will be a lot of people who are starting to struggle about cryptocurrency, especially bitcoin, because this is one of the most profitable projects, both in the long and short term. moreover nowadays everyone prefers to make a profit without working hard. because I'm sure even after this pandemic is over and the world returns to normal but in the economy it will definitely be difficult to return to normal and it takes time and bitcoin is the solution.
On the negative side, I don't think it's too much of a problem even if people start getting jobs that were stopped due to the pandemic and the stores reopened, so this is a comparison of which is more profitable between bitcoin and others for the future.
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mezzaluna
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April 09, 2021, 02:30:48 PM |
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This Pandemic brings us into many different thoughts, from business to industry, economy and even own our national status, and bitcoin is not exempted, we thought a lot about how was bitcoin after pandemic? we see how it became so low during this time but we also hoping it will full blast after Pandemic, it's like sleeping Giant we don't know when and how but when it happen it would be beneficial for everyone who engaged into it much so to those who invest..so let's hope for the best!
This pandemic crisis brought a lot of positives to crypto. In its own way, it finds its way to be noticed by the public and for the community to recognize its great potential in the payment industry. Now, not only in payment aspect but more so on its investment side. BTC holders are keeping their coins mostly for investment options. In general, this pandemic brought negative and positive results. And when it comes to crypto, positive mostly. It also helped a lot of people realize that our way of living can be pushed into a more digitized state and have a better result of our daily living. It pushed most communities to use the technology they have and make the best out of it to avoid direct contact to people. Bitcoin along with other Cryptocurrencies can play a huge role within this world and this governments have to realize that its impact is greater once recognized since it can really push the economical status of a country into a much better one.
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Alert31
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April 09, 2021, 02:32:53 PM |
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Pandemic is still not yet end but the bitcoin is still at a higher value. It is clear that pandemic has a huge impact in bitcoin, through the pandemic, the demand of bitcoin suddenly increasing and many people who lost their job is now working in crypto either doing trade, joining a campaign or just investing and holding for a long term. Also through the pandemic many people become openminded and start to adopt digital currency.
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Wend
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April 11, 2021, 12:48:27 AM |
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Even do we are covid-19 situation the bitcoin are still growing the prices and not only bitcoin some altcoins only increasing the prices of each. And I still believe that would be having more good news always about bitcoin. And I read some comments also bitcoin will be having increasing the price until the end of year 2021. Maybe it was a prediction only but there are time could be gonna be true, So we must as of now of what happen about bitcoin and we hope also covid-19 well end.
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Sithara007
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April 11, 2021, 03:56:10 AM |
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Even do we are covid-19 situation the bitcoin are still growing the prices and not only bitcoin some altcoins only increasing the prices of each. And I still believe that would be having more good news always about bitcoin. And I read some comments also bitcoin will be having increasing the price until the end of year 2021. Maybe it was a prediction only but there are time could be gonna be true, So we must as of now of what happen about bitcoin and we hope also covid-19 well end.
Corporations such as PayPal, Visa and Master are going ahead with plans to fully integrate cryptocurrency to their platforms. It is going to take some time, but the impact will be visible before the end of this year. The involvement of these corporations have expanded the cryptocurrency userbase by manytimes. For example, PayPal has made cryptocurrency accessible to its 361 million registered users. A lot of people who faced difficulty in purchasing and holding BTC can now do that through PayPal. Given these changes, I expect another major rally sometime soon.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
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jaysabi
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April 11, 2021, 05:31:03 AM |
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Even do we are covid-19 situation the bitcoin are still growing the prices and not only bitcoin some altcoins only increasing the prices of each. And I still believe that would be having more good news always about bitcoin. And I read some comments also bitcoin will be having increasing the price until the end of year 2021. Maybe it was a prediction only but there are time could be gonna be true, So we must as of now of what happen about bitcoin and we hope also covid-19 well end.
Corporations such as PayPal, Visa and Master are going ahead with plans to fully integrate cryptocurrency to their platforms. It is going to take some time, but the impact will be visible before the end of this year. The involvement of these corporations have expanded the cryptocurrency userbase by manytimes. For example, PayPal has made cryptocurrency accessible to its 361 million registered users. A lot of people who faced difficulty in purchasing and holding BTC can now do that through PayPal. Given these changes, I expect another major rally sometime soon. This has been the case for many months already, it's not going to be a needle mover anymore. Any price appreciation attributable to this is already factored in at this point. It's going to take massive new buying to continue to drive the price, which isn't going to come from PayPal users who would have already bought in en masse by now.
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matchi2011
Sr. Member
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Activity: 1456
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Buy $BGL before it's too late!
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April 11, 2021, 05:48:11 AM |
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Pandemic is still not yet end but the bitcoin is still at a higher value. It is clear that pandemic has a huge impact in bitcoin, through the pandemic, the demand of bitcoin suddenly increasing and many people who lost their job is now working in crypto either doing trade, joining a campaign or just investing and holding for a long term. Also through the pandemic many people become openminded and start to adopt digital currency.
The last statement triggered most, with pandemic lots of people become openminded and start to explore for opportunities, where they found Bitcoin or other crypto. The chance of earning money gives them the interest and now showing good confidence in continuing their goals, pandeminc open the door and after that more will expect to comes along.
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nicecrypto
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April 11, 2021, 06:22:25 AM |
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Pandemic have nothing to do with decentralized currency because bitcoin is a digital currency that is not control by any country in the world. It pump and dump without any government permission. During the pandemic many people thought pandemic is the reason why bitcoin was pumping until now that bitcoin price is still increasing in the market to prove them wrong that pandemic is not behind of the pumping in the exchange market. Many government just recover from the lost the pandemic caused to their economy.
True that but I see the reason why some people might think that the pandemic helped pumped Bitcoin back then since everyone was at home and more people would have invested in Bitcoin then since there was almost a short down of every other aspect of the normal economy but I too don't think that was the case because Bitcoin will always do what it does when the time is right.
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finaleshot2016
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Degen in the Space
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April 11, 2021, 01:15:46 PM |
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Pandemic have nothing to do with decentralized currency because bitcoin is a digital currency that is not control by any country in the world. It pump and dump without any government permission. During the pandemic many people thought pandemic is the reason why bitcoin was pumping until now that bitcoin price is still increasing in the market to prove them wrong that pandemic is not behind of the pumping in the exchange market. Many government just recover from the lost the pandemic caused to their economy.
True that but I see the reason why some people might think that the pandemic helped pumped Bitcoin back then since everyone was at home and more people would have invested in Bitcoin then since there was almost a short down of every other aspect of the normal economy but I too don't think that was the case because Bitcoin will always do what it does when the time is right. Yes, the pandemic is still ongoing, but I don't believe the pandemic is to blame for the rise in bitcoin's price. As you can see in the news, there are a lot of people who are hyping bitcoin, and there are a lot of institutional investors who are trying to bring a lot of money into it. Bitcoin is still rising right now, and the pandemic isn't playing a major role in price changes because the market will still determine.
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awik p
Full Member
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Activity: 1526
Merit: 111
Pepemo.vip
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April 11, 2021, 02:25:04 PM |
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Pandemic have nothing to do with decentralized currency because bitcoin is a digital currency that is not control by any country in the world. It pump and dump without any government permission. During the pandemic many people thought pandemic is the reason why bitcoin was pumping until now that bitcoin price is still increasing in the market to prove them wrong that pandemic is not behind of the pumping in the exchange market. Many government just recover from the lost the pandemic caused to their economy.
True that but I see the reason why some people might think that the pandemic helped pumped Bitcoin back then since everyone was at home and more people would have invested in Bitcoin then since there was almost a short down of every other aspect of the normal economy but I too don't think that was the case because Bitcoin will always do what it does when the time is right. besides all the many people who work from home and choose cryptocurrency, I think a good start yesterday was that more and more large companies are investing in cryptocurrency, with the development of bitcoin this has an impact on trust in bitcoin
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