COVID-19 Increased Bitcoin Adoption

[ayatoslaw]

I wonder whether it is about Bitcoin adoption or blockchain adoption.

I think what the OP means is bitcoin adoption, as you can see in this thread the title is bitcoin adoption.
But even though this is about bitcoin adoption, the entire cryptocurrency ecosystem will indirectly follow suit, because when someone gets to know bitcoin and buys bitcoin then he will know and understand about altcoin and the entire industry in it.

[Psycho]

You are right that you can transfer bitcoin remittances because people are stuck at home.  Bitcoin prices are rising further as more solutions are sought for purchase.

[sampoerna]

I am still confused about whether it is about Bitcoin or blockchain technology. Bitcoin is yes, it is accepted in many more countries, and many people like getting Bitcoin as an asset because of this pandemic. however, if about adoption, blockchain technology is really fond right now.

[Tamsialu$$]

Because of COVID-19, it is seen that people are joining cryptocurrency more.  The reason is that it is seen that we deal with money in the field of money but it is through whom the most virus is spread.  This is why it is seen that everyone is using different types of cryptocurrency coins with the exception of money.

[lepbagong]

Because of COVID-19, it is seen that people are joining cryptocurrency more.  The reason is that it is seen that we deal with money in the field of money but it is through whom the most virus is spread.  This is why it is seen that everyone is using different types of cryptocurrency coins with the exception of money.

if the use is clear now people prefer to avoid using paper money, preferring digital money, but not using crypto because in every country now with the proliferation of online businesses, the use of local digital money is widely available.
besides indeed if shipping and trading between countries it is easier to use crypto.

I really agree with my friend that banknotes are very susceptible to virus transmission because banknotes are used all the time and the movement between people of paper money can not be sterile.

[gotbounty]

With the covid-19 pandemic that occurred. It does have both positive and negative impacts. One of the implications is that more people are finally coming to crypto. This is because many people are looking for the best solution how to keep earning work from home or investing from home. And crypto is the right choice. So that the adoption of Bitcoin has indeed experienced a big increase.

[Rakin343]

In fact, covid-19 is the adoption of bitcoin, but it can not be said.  Bitcoin is actually moving at a speed of its own.  It does not run on the words of any human being or any state power. It runs its entire activities from a certain place. I think maybe because of this coronavirus people have invested more in this cryptocurrency.  It may have had a small effect.

[Token@]

I think the reason for the low price of bitcoin is the epidemic coronavirus. This epidemic coronavirus has a slight effect on the cryptocurrency market. Due to which the price of all coins in the cryptocurrency market was low.  It has already been corrected.  Bitcoin is back in their place.

[Goblin]

Cryptocurrency markets they move at their own pace.  Cryptocurrency does not run according to any government order.  However, the 2019 epidemic of coronavirus had some effect on the cryptocurrency market. Coin prices began to fall.  It has already corrected. Many coin prices have already started rising.  It is expected to grow further in the future.

[pelana vreo]

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?

The use of large amounts of Bitcoin will not affect the price of Bitcoin if the buyers place the price below the market price, for example 1 BTC = $16k, then the buyer will place a large amount of BTC at $15,900,
It is an option, but I believe the Bitcoin price will go up by the time the pandemic is over

[Cristiano]

The cryptocurrency market has seen a lot of changes due to some recent developments.  A few days ago, the epidemic coronavirus caused the prices of all coins in the cryptocurrency market to start falling.  Which changed the whole crypto market.  It has already begun to return to its original position.  The cryptocurrency market has started to return to its previous level. It is hoped that the cryptocurrency market will be much better in the next few days.  The epidemic of coronavirus had a major impact on the cryptocurrency market.

[atjiat]

I believe that today, in connection with the bullish trend, the work of miners is very effective, which returns all the money spent on new equipment that had to be bought since the beginning of this year. Many users after the halving were confused in this regard.

[labonikhatun]

There is no idea how effective bitcoin adoption is in the case of COVID-19 growth but the growth of bitcoin has made it much more profitable for investors in the event of a bull run in the market the whales cannot make an impact. It will go down in the semicircle but will go up again so users wait patiently.

[Trumpet]

Now time covid19 virus are would epidemic steel going on.milion million person attack this virus and many person are die in this virus attacks.so I think this virus are increased bitcoin adoption.

[flyaccount]

With the existence of Covid-19, this has indeed increased the existence of Bitcoin purchases. because many people work from home so they can freely invest online, namely in Bitcoin. And this is a great impact for the advancement of crypto.