Effect of Covid-19 On Bitcoin

[sacrotic]

Bitcoin is the right answer when covid 19 comes, we don't need go out and all transaction can do by " click ". The problem is we don't know when bitcoin will collaps because not all country accept it, other reason crypto become the saver way for criminal activity, how law enforcement track them?. See bitcoin as alternative income and replace our asset still in off line world, built our business and keep our wallet safe.

[Cleanerbd]

When the corona attack whole world the stock market go down and all the currency price also go down and it effect much on btc while fall btc price around 5k...but later many new investors come on btc and this is lead btc price go up like 9k+ now..but it price will again fall down

When the corona virus started invading all countries, everyone's economic situation deteriorated.  And then all the markets were down.  But shortly after the Corona epidemic, the price of BTC began to pump.  But I don't think there was a reason for BTC to dump at first.  However, for many investors, the price of Bitcoin is much higher

[Callisto]

Although this pandemic is very terrible from the side of the danger to public health, this is definitely the main disadvantage for the whole world and no positive features for the influence of cryptocurrency can cover this fact.
Yes, indeed, many in a pandemic sit at home and look for passive income, many go to the crypto world, where they invest their money in bitcoin, this is still a fact that is obvious.

[sadia batool]

Everyone face many problem in this pandemic situation and crypto currencies are also get down in this specially the bitcoin decreases its price so much but now it is increasing its price so you just have to wait for a good time and every thing will be good.

[pacar_tiri]

The stay at home order and restrictions as a result of the Covid-19 pandemic has made a lot of people interested in the amazing world of crypto currency especially Bitcoin.

This is a time when the financial markets have gone south. The IMF also stated that the world economybis going to plunge into recession much worse than the great depression era. Many also thinks that Bitcoin will also end up getting battered like other currency and financial assets.

Many of these people who are staying at home are going to wonder what is going on in the crypto currencies world. They will jump on the cryptocurrency train when they see they can make daily income trading and investing in Bitcoin.

Bitcoin prices have already improved. Why many and prediction still believe that COVID-19 will have a drastic effect on the crypto market is still a mystery to many optimistic cryptocurrency fans

It is now obvious that cryptocurrency prices are not affected by this pandemic and world financial crisis. This has given people the confidence to make that long awaited investment.

talking about covid-19 effect for bitcoin, I thibk pandemic covid 19 has good effect for crypto currency. I see many people started to buy and trade on bitcoin and altcoin.
It is agood thing for demand of crypto currency and market volume.

[amzexpert]

Many people say that the COVID-19 has an effect on Bitcoin. And I also say that Bitcoin has an effect but I say that it has a positive effect that it has increased the bitcoin price. Now the bitcoin is going high and high and it has a very bright future.

[Sumi]

When the corona attack whole world the stock market go down and all the currency price also go down and it effect much on btc while fall btc price around 5k...but later many new investors come on btc and this is lead btc price go up like 9k+ now..but it price will again fall down

[Alter]

The beginning of the Covid-19 Bitcoin was quite affected, but it didn't last long. It can be seen now that both Crypto and Covid-19 have never been linked by anything on TV news or limited to social media. In fact, there is a positive thing, namely that there are more and more Bitoin or crypto users, this happens with the work from home system and restrictions on activities outside the home that make people have to look for new hobbies and activities at home, especially if it can be profitable to add income like it is today. .

[Blue_sea]

Covid-19 or the corona virus is a global pandemic. A lot of people in the world died by effort of covid-19. Most of the economic infrastructure destroyed. I see only the crypto currency market was positive at that moment. So in my point of view no effect was seen by the covid-19 at that moment.

[xeroz]

I think covid-19 actually brought good things to Bitcoin even though initially there was a problem at the beginning of the outbreak. It can be seen at this time that Bitcoin is so easy and fast growing. In addition, nowadays many people are members of cryptocurrencies, from young to old. The implementation of the system at home and reducing outside activities makes people look for activities that they can do at home but can earn profits at the same time. Crypto is the answer to this, therefore crypto users are actually increasing in number with this pandemic.

[Review]

The topic is already old and should i say something now? Because the effect now of corona already gone from earth and most of the country now having no restriction. But the effect of covid was huge when it first come out in our earth . The bitcoin price went down to 3k from 10k, eth went down to 96USD from 200 USD something . In fact, the whole crypto market crash down like shit . Not only the crypto market but the whole world economic rate down due to corona . But now everything come to the normal position guys .