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Author Topic: COVID-19 Increased Bitcoin Adoption  (Read 22895 times)

Offline Seerge

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #30 on: September 06, 2020, 06:22:24 PM »
I agree with this post, people who are stuck in lockdown because of this coronavirus can still earn income by trading and investing in Bitcoin. And not only that, we can still get additional income for free if we want to join the Bounty Campaign. 
This means that this situation is very profitable, but only for those who have capital. if they do not have capital, people will remain confused about fulfilling their daily basic needs.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #30 on: September 06, 2020, 06:22:24 PM »

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #31 on: September 06, 2020, 07:46:10 PM »
JackMa once said: where there is a problem, there is a chance :)
In addition, JackMa also said: 2,000 years ago there's an opportunity, in the future there is an opportunity. Today there is an opportunity. There is always a chance to see the opportunity and sized the moment. Right now the market is crashing, there's a chance to grab the opportunity to buy while dip.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #32 on: September 06, 2020, 08:01:23 PM »
In my opinion, it is wrong timing if bitcoin will increase. People staying at home cannot boast bitcoin value. People will choose to buy basic needs than buying bitcoin at this present condition.
100% right and i appreciate your speech. People can't manage their Basic needs how they buy new coin so i can say in a single word it will be the foolish decision if increase new btc coin. 

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #33 on: September 07, 2020, 05:40:27 AM »
Due to lockdown , only digital currency is best way to makes transcation . this is true that usage of Crypto currency ( Bitcoin) is going high in these some month . Their are alot of traders who start their jounery in Crypto market. Accordingly to some experience trader , their is More engagement in crypto market due to covid-19 .

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #34 on: September 08, 2020, 03:08:55 PM »
In my opinion it is not Bitcoin rather the virtual money. When we say virtual money not necessarily mean adoption of Bitcoin. Most of the people now are using the online or machine money transaction to avoid any actual event as much as possible to prevent covid.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #35 on: November 26, 2020, 06:23:15 PM »
I agree with this post, people who are stuck in lockdown because of this coronavirus can still earn income by trading and investing in Bitcoin. And not only that, we can still get additional income for free if we want to join the Bounty Campaign. 
This means that this situation is very profitable, but only for those who have capital. if they do not have capital, people will remain confused about fulfilling their daily basic needs.
Due to the isolation and shutdown of the real world, many now have the opportunity to use cryptocurrency more actively.I think at this time, the influence of the cryptocurrency will expand a little.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #36 on: November 26, 2020, 07:00:04 PM »
Bitcoin prices have not stopped due to the epidemic. Bitcoin prices have risen sharply during the epidemic season. Epidemic seasonal bitcoin has gained much more popularity and spread. Bitcoin does not depend on any epidemic. Bitcoin's huge investment and trade makes Bitcoin even better. So I think no matter how many epidemics come, bitcoin can hold a good position.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #36 on: November 26, 2020, 07:00:04 PM »


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Re: COVID-19 Increased Bitcoin Adoption
« Reply #37 on: November 26, 2020, 08:55:49 PM »
Bitcoin and Blockchain technology are theoretically capable of mitigating some of the issues that come with the new realities that the pandemic has brought. Cryptocurrencies will not only provide benefits in terms of hedge against the pandemic, but they can also be used as a payment and money transfer instrument.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #38 on: November 26, 2020, 09:10:11 PM »
Yes , it leads to wide acceptance and people looking for alternative means of investment apart from salaries, monthly pays and people with a single source of income. unfortunately today,we experience a huge price dump without any news. Bitcoin falled from 19,000 to 16,500 and looks like it will continue to sink below the known price.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #39 on: November 27, 2020, 07:21:54 PM »
Well yep the adoption of bitcoin is increasing and it's proven that the price of bitcoin is slowly increasing while we are facing pandemic. We thought this pandemic situation causing the market will go down but no, cryptocurrency is a money people were starting adopting it and use as transferring funds or purchasing.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #40 on: November 27, 2020, 07:56:51 PM »
The covid-19 epidemic did not have a major impact on the cryptocurrency market. The prices of cryptocurrencies were relaxed during the epidemic. Later on it starts to grow more. Most cryptocurrencies have improved during the epidemic. However, the projects that were in vogue at that time were discontinued.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #41 on: November 27, 2020, 08:03:16 PM »
I think the adoption of bitcoin does not have a significant impact on the movement of the bitcoin market, because there are still traders who will sell their bitcoins when the market is bullish, which will affect the price of bitcoin.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #42 on: November 27, 2020, 09:20:43 PM »
It certainly gave more people the opportunity to get involved with cryptocurrencies especially bitcoin as they explored more ways of earning income from home. The idea of making additional income from home became appealing for most people leading to the exploration of cryptocurrency trading and investments as an option. In a way, I will agree that Covid 19 contributed to the adoption and interest in cryptocurrency.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #43 on: November 27, 2020, 09:34:54 PM »
Recent crises are testing the abilities of Bitcoin. The adoption of Bitcoin is increased as people are stuck at home they are looking for better solutions to transfer remittance and for purchasing.
Many countries are using blockchain technology to fight against the pandemic.
Why the price of Bitcoin is still down?
your subject contradict in your content... why asking Bitcoin still down? when you  obviously stated in your subject that the pandemic have push the Bitcoin price upward/increase. anyways,   the quarantine have influence Bitcoin increase since most of the people are staying home and they doing trading and investment and some newbie are learning cryptocurrency through social media platform to divert their emptyness while staying at home.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #44 on: November 27, 2020, 10:13:28 PM »
Recent crises are testing the abilities of Bitcoin. The adoption of Bitcoin is increased as people are stuck at home they are looking for better solutions to transfer remittance and for purchasing.
Many countries are using blockchain technology to fight against the pandemic.
Why the price of Bitcoin is still down?
Bitcoin prices fell because of the Covid 19 outbreak is a common thing, several world stocks have decreased, especially the very low price of petroleum, because of reduced demand.
But sometimes everything will turn into a high price, when the outbreak is over soon, the possibility / chance for bitcoin to hit a high price will occur. Considering we have seen many vaccines that have been tested on everyone in certain countries.
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