Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Jaguar on April 07, 2020, 05:07:43 PM
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Back then there were people bought bitcoin in such cheap price lower than 100$ or let assume lower than 2,000$ and harvest big profit when bitcoin was in all time high 20k.
Do you think bitcoin holders can donate their bitcoin or some of the profit to help fighting covid-19?
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I think Bitcoin has a role in fighting Corona somewhat as many institutions donate money, Binance has done its part, and most of the community in its place is doing its part to help.
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I think bitcoin developers may be making donations to fight with the corona virus, also many big investors transfer their bitcoins to fight with the corona virus, and I read that blockchain technologies are used to fight with the corona virus.
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Can contribute but currently Bitcoin costs much less. Big exchanges around the world can make a lot of donations if they want. That would be a great job. If it does donate, I think another chapter of humanity will begin.
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I saw on crypto forum X, already had a thread that provides a donation for Covid-19. It is a good idea to help many people in this situation. I think our forum also needs to have it, at least provides a space for donation. But yes, since not many members active regularly, we seem to have difficulty to do that idea.
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Yes, people can do it, but i dont think to do it, bitcoin is my saving, theres many way to donating money in this crisis, and i choose conventional way to donating, i donate some money through my alumni group, and them giving it directly to people in street
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I have not seen bitcoin holders do that. But the real action has been done by some coin owners, call it Tron and BNB who are raising funds to help victims of the corona virus
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I think Bitcoin has a role in fighting Corona somewhat as many institutions donate money, Binance has done its part, and most of the community in its place is doing its part to help.
Good to know this insight. Money alone at this pandemic cannot satisfied your inner desire of peace, happiness, and dream to have some fun outside the country. Money now is useless but meaningful to the needy and most specially to our new generation heroes frontliners. Convert the money to PPE or food can help the frontliners fight the virus away.
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Can contribute but currently Bitcoin costs much less. Big exchanges around the world can make a lot of donations if they want. That would be a great job. If it does donate, I think another chapter of humanity will begin.
I think new chapter of humanity was written base on @alltalk responsed
I saw on crypto forum X, already had a thread that provides a donation for Covid-19. It is a good idea to help many people in this situation. I think our forum also needs to have it, at least provides a space for donation. But yes, since not many members active regularly, we seem to have difficulty to do that idea.
Maybe there are some of us here donated some asset they earned. What particularly forum x is that?
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I think that anyone who has the means to donate to help fight this pandemic should.
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Traders or investors can use bitcoin or crypto to donate their profits to covid and help many people use crypto. People will be more familiar with crypto if a lot of media publish it
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What particularly forum x is that?
I guess he want to say "bitcointalk" forum. I found it on service section, there was a thread of donation for Covid-19 victims. We can make the same thread as the member of bitcointalk did. There are many members who active in working bounties here, I assume they can help.
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Back then there were people bought bitcoin in such cheap price lower than 100$ or let assume lower than 2,000$ and harvest big profit when bitcoin was in all time high 20k.
Do you think bitcoin holders can donate their bitcoin or some of the profit to help fighting covid-19?
Obviously can donate where every helping mind people giving donation in fiat currency. But problem is where have to give or who will be trusted person or how i can judge him or her? Otherwise its not a big problem actually where lots of millionaires are investing in BTC though i am very poor man.
But hope your attempt can be made successful. thanks.
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But problem is where have to give or who will be trusted person or how i can judge him or her?
If the admin or a staff of this forum provides a thread donation, I think people will trust to donate their Bitcoins. We need someone who has a good reputation to handle the donation. Of course someone who is a bit popular and has working on crypto + stay at this forum for a long time.
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Do you think bitcoin holders can donate their bitcoin or some of the profit to help fighting covid-19?
Why not, it is very possible. Let's do it and please one of the trusted members here to create a donation thread. So, we can send some Bitcoins to help the victims of Covid-19 or the medical personnel who struggle tirelessly in the current situation. I think we must appreciate them as well.
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Back then there were people bought bitcoin in such cheap price lower than 100$ or let assume lower than 2,000$ and harvest big profit when bitcoin was in all time high 20k.
Do you think bitcoin holders can donate their bitcoin or some of the profit to help fighting covid-19?
I think Bitcoin holders can donate some of their savings. Because in such a difficult time, people need to unite and help each other.
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I agree. I think anyone who can afford to help should do so. We're all in this together.
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Back then there were people bought bitcoin in such cheap price lower than 100$ or let assume lower than 2,000$ and harvest big profit when bitcoin was in all time high 20k.
Do you think bitcoin holders can donate their bitcoin or some of the profit to help fighting covid-19?
How Bitcoin will fight against corona? Buying cheap rate and selling at higher price doesn't mean it fully. It will help only few investors who can buy and hold Bitcoin but you have to think the maximum people of the world that are passing a difficult time.
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It is possible for individuals and companies to donate Bitcoin in the fight again Corona virus pandemic because it became a major treat to human existance. However, If we are following up the covidd19 updates, information may be acertained.
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It looks good if investors and bitcoin holders do that. It is possible that more people will be interested in using bitcoin because Bitcoin will be better known and can be used to donate. I agree with your opinion :)
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I saw on crypto forum X, already had a thread that provides a donation for Covid-19. It is a good idea to help many people in this situation. I think our forum also needs to have it, at least provides a space for donation. But yes, since not many members active regularly, we seem to have difficulty to do that idea.
it will not be difficult.
I have an opinion if you try to contact the donation owner in forum X and ask for permission to continue the donation thread in this forum.
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Back then there were people bought bitcoin in such cheap price lower than 100$ or let assume lower than 2,000$ and harvest big profit when bitcoin was in all time high 20k.
Do you think bitcoin holders can donate their bitcoin or some of the profit to help fighting covid-19?
There are many stories when holders want to sell the Bitcoin that they have at the highest price, if the holder buys BTC for 100$ then they have held more than 3 years to reach the price of 20k$, I see prices in coinmarketcap.
There are many ways to contribute to the benefits we have, Bitcoin will be one of the best choices, but there are still stable coins and other altcoins that can be used to donate.
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According to CoinMetrics and Forbes, on 11 March 281,000 bitcoins were sold by owners who held them for only thirty days. This compared to 4,131 bitcoins that had laid dormant for a year or more indicating that the vast majority of the Bitcoin volatility on that day was from recent buyers. During the week of 11 March 2020 as a result of the COVID-19 pandemic, cryptocurrency exchange Kraken experienced an 83% increase in the amount of account signups over the week of bitcoin's price collapse, a result of buyers looking to capitalize on the low price.
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Actually it is totally depend on bitcoin owner. The pandemic situation is going on. Unlimited people lost their work for this reason economic growth already broken. In this situation every one should help to others those who are very poor. Here every participants are the covid fighter.
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Of course there is, but about the help of Bitcoin holders they prefer to keep it a secret in donating their money to Covid victims, so many people don't know about it.
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Bitcoin prices continue to rise. The price of bitcoin did not decrease during covid 19. The bitcoin market has started to rise further. And Bitcoin has been donated for patients infected with Covid 19, for use in Covid 19. You have already noticed the social media. Gave many donations. As a result, people have tried to normalize the situation on earth. It has been somewhat beneficial.
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If it is about donation and charity, it will depend on each personality. We cannot force someone to donate their BTC. however, there are also several parties that open donation and charity. So, if you are one of the holders, you can check the trusted donation or charity programs. Or you can donate it to people or society in your area to help them
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Currently Bitcoin has come a long way in fighting this coronavirus. This coronavirus has not stopped the bitcoin market so much. The bitcoin market is a bit better now. Bitcoin will rise more overnight if the coronavirus leaves the earth. As far as possible this coronavirus cannot fight with bitcoin.
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Not just Bitcoin but the whole of cryptocurrency is a life saver during this period of COVID19. Banks and world economy was shutdown but cryptocurrency made many scale through the hurdles
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Back then there were people bought bitcoin in such cheap price lower than 100$ or let assume lower than 2,000$ and harvest big profit when bitcoin was in all time high 20k.
Do you think bitcoin holders can donate their bitcoin or some of the profit to help fighting covid-19?
of course it's a big yes! platform like binance I have seen donated many goods to the people all over the world. if the project owner is not greedy then he could donate as much as he can to help the fight against this pandimic. I know, there were also lot of people whose earnings coming from crypto currency have do the same.
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Of course it can be very helpful. especially if bitcoin holders sell their bitcoins to help with this covid problem. I think so far many bitcoin holders have sacrificed their coins for this. This also resulted in the price of bitcoin falling, because sales were also high.