COVID-19 Increased Bitcoin Adoption

[mlawson71]

People were also largely stuck at home - and still are - and Bitcoin is easy to invest in from one's home computer.

[lepbagong]

Coronavirus has done no harm to Bitcoin but has gained.  Because people have been able to pay for Bitcoin from the comfort of their home during this time of Corona, the forum has benefited a lot and many have invested.  So the gain has been more than the loss during the coronation period.

I do not believe that bitcoin directly affects the existence of bitcoin, because without the coronapun virus bitcoin will run as usual because the system has been made in such a way. even though there are many in the home, bitcoin also doesn't seem like a sharp increase because bitcoin already has its own share. even though many are in the house do they analyze bitcoin too !!! certainly not. If only people who have been doing it are clear there will be time limits and circumstances even though they are still at home, will they continue to do crypto? I don't think so.

The coronavirus had a negative impact on the economic situation around the world and many investors preferred Bitcoin over conventional investment assets. It was in this case that Bitcoin received a fairly large amount of investment, including institutional capital.

Likewise with the economy, bitcoin will not affect the economy of a country because of the pandemic, which is clear that the country is very hard hit by the pandemic because it has to prepare bailouts to buy medical devices and medicines for the pandemic. as well as assistance to workers who had to quit because the factory was not operating. and income from taxes does not exist due to no activity whatsoever.
Bitcoin investment is running normally as usual and there is no increase due to the pandemic, if it is a matter of price it is clear that there are changes at this time.

[Sharpmax]

We all know that this coronavirus can do special harm to this cryptocurrency even if it does special harm to the world.  However, I think our cryptocurrency has become much stronger because of this coronavirus.  Now people complete all transactions through this cryptocurrency.

[DAMKAR]

We all know that this coronavirus can do special harm to this cryptocurrency even if it does special harm to the world.  However, I think our cryptocurrency has become much stronger because of this coronavirus.  Now people complete all transactions through this cryptocurrency.

Yes, I see many people have started to invest in crypto currency, caused of Corona virus and several countries have lock down their activities. I hope it will have good affect for crypto world. I think the market is green . Hopefully it will continue till next year.

[therozaq]

We all know that this coronavirus can do special harm to this cryptocurrency even if it does special harm to the world.  However, I think our cryptocurrency has become much stronger because of this coronavirus.  Now people complete all transactions through this cryptocurrency.

Yes, I see many people have started to invest in crypto currency, caused of Corona virus and several countries have lock down their activities. I hope it will have good affect for crypto world. I think the market is green . Hopefully it will continue till next year.

It is true mate. Covid19 increased bitcoin addoption. Many people already invested in crytpo currency because many businesses have stopped and the governments have locked down their countries. It is really good for crypto market.

[Monster5]

People all over the world are trapped in their homes because of Covid-19. They are using blockchain technology to do business from different businesses. But we are getting good benefits from the current Bitcoin. Now the price of Bitcoin has increased a lot.

[Emircan]

With the development of the world and the covid-19 translation is making everyone stay at home. Bitcoin can be easily traded from a smartphone to a computer or a tablet computer and it's easy to find information about bitcoin. So I believe Bitcoin as well as other coins grow wider due to covid

[Amaraly]

yes a lot of people accept bitcoins thanks to covid -19 because people live and have no income so they bet on Bitcoin and a huge amount of money is pumped into Bitcoin

[Rowan]

Yes, partly thanks to covit 19 that bitcoin thrives as it is today when the global economy goes into a freeze, then bitcoin's booming and fullness flies higher and higher when investors pump money into it.

[masudginanjar]

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And it seems that you also provide something unique and very useful for Bitcoin trading.

Are you experiencing the benefits of trading Bitcoin during a pandemic like this in the real world?
Then during an economic crisis like this, where do you get the capital to trade from Bitcoin?

[msz900]

Yes, partly thanks to covit 19 that bitcoin thrives as it is today when the global economy goes into a freeze, then bitcoin's booming and fullness flies higher and higher when investors pump money into it.

You are right the COVID-19 increase demand of the cryptocurrency which attracts many private institution and organization to invest in it and that's the main cause of the BTC pumped.

[doc]

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?

I think You wrote while bitcoin struggled mate. Bitcoin is going strong and has touch 27.900 USD . Bitcoin will touch 30K USD soon. I believe bitcoin will have future brighter than now. Bitcoin is suitable for trading. Let's try.

[densus88]

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?

Yes I see pandemic Covid19 increased bitcoin adoption. Because  We all know , many countries have lock downed. Bitcoin is going strong now mate, Now worry about bitcoin . I believe bitcoin no will touch 30K USD soon.

[yohananaomi]

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?

Yes I see pandemic Covid19 increased bitcoin adoption. Because  We all know , many countries have lock downed. Bitcoin is going strong now mate, Now worry about bitcoin . I believe bitcoin no will touch 30K USD soon.

There is no direct relationship between a pandemic and crypto. If I look at it, there is no pandemic even crypto can still work and there is a pandemic too. obviously a different system if the economy is clearly disrupted by a pandemic and that is clear and real.

currently bitcoin has reached a new ATH since 2017, and we appreciate it for making everyone happy because of this increase, but it must be remembered that if you see the halving, a sharp increase will occur next year and renewable ATH will appear again.

[Wedhus Balap]

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?

Wrong, where did the Bitcoin price fall? In fact, it is currently being pumped continuously, until the rate of price becomes a new record. I am not surprised by the fluctuation, because it is normal. Please check the price now, isn't it fantastic?