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Author Topic: COVID-19 Increased Bitcoin Adoption  (Read 23234 times)

Offline Octoalts

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #195 on: October 29, 2021, 05:45:39 PM »
The Covid-19 pandemic has now passed, this is a great joy for all of us.  After more than a year yesterday, almost the entire world was affected by this epidemic. And the relationship between the increase in Bitcoin adoption during the Covid-19 pandemic is very visible, maybe this is true the reason is that at that time many people were subject to lockdown rules so they had to find solutions to find income. And from this cryptocurrency, from Bitcoin they found that way.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #195 on: October 29, 2021, 05:45:39 PM »

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #196 on: October 30, 2021, 08:27:45 AM »
I think this is just the influence of more and more people who are unemployed or working from home so that many people look for work for the purpose of being able to generate more income while staying at home, so many people are looking for information about bitcoin and other cryptocurrencies and enter in the hope of getting results. addition to what was already started.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #197 on: October 30, 2021, 03:59:55 PM »
I am a new member of this forum I do not have much knowledge about the forum. If anyone in this forum is Covin 19, we have no idea. We will all do our best to keep our health in order. This is good for our future.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #198 on: October 30, 2021, 05:13:19 PM »
The topic is less so about people's health and more about the overall effect of the pandemic on cryptocurrencies.
That said, I do hope everyone are okay!

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #199 on: October 30, 2021, 09:47:15 PM »
Bitcoin and Cryptocurrency were booming when all the markets were down in COVID-19 and are still at their high levels during this period.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #200 on: October 30, 2021, 11:54:32 PM »
I think it's because more and more people are knowing and looking for information about bitcoin because their busy lives at home make them unable to get more income so they are looking for other ways to be able to earn income from bitcoin and other online businesses.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #201 on: October 31, 2021, 04:03:26 AM »
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?

Sure, because as long as pandemic covid19 several countries have locked down their city, many people already invested in bitcoin altcoin for their activities.
Get income from bounty, trading and investment.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #201 on: October 31, 2021, 04:03:26 AM »


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Re: COVID-19 Increased Bitcoin Adoption
« Reply #202 on: October 31, 2021, 06:19:03 PM »
Of course, more and more people are turning to the internet world and a lot of people are talking about bitcoin, so it is certain that many people will be looking for information about bitcoin and as much as possible trying to get extra income from bitcoin.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #203 on: October 31, 2021, 09:36:44 PM »
COVID-19 make the Bitcoin is so much high and so many peoples will start to use the Bitcoin for the payment system and i personally use the Bitcoin to buy the online things. Bitcoin is the future of the world and it make so much high in  short time.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #204 on: November 01, 2021, 05:34:31 AM »
COVID-19 make the Bitcoin is so much high and so many peoples will start to use the Bitcoin for the payment system and i personally use the Bitcoin to buy the online things. Bitcoin is the future of the world and it make so much high in  short time.

Sure, because pandemic has bad effect for economic and citizens limited. Several area have been locked down
Many people starring to buy crypto currency and do daily trading for their income. It will increase demand.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #205 on: November 01, 2021, 01:24:29 PM »
COVID-19 make the Bitcoin is so much high and so many peoples will start to use the Bitcoin for the payment system and i personally use the Bitcoin to buy the online things. Bitcoin is the future of the world and it make so much high in  short time.

Sure, because pandemic has bad effect for economic and citizens limited. Several area have been locked down
Many people starring to buy crypto currency and do daily trading for their income. It will increase demand.

Yes I see.
As lond as pandemic covid 19, I see bitcoin and altcoins popularity increased day by day and several time have bullish
Maybe as you said, many people invested in crypto to get profit or income.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #206 on: November 01, 2021, 03:01:38 PM »
Can you give an example how covid-19 really helped to increase cryptocurrency popularity. But please, dont point on an "increase price = increase popularity" or "increase of investment = increase of popularity". Such things can easily happen without covid-19. People will be always looking a way to earn and to earn a lot. There is nothing covid-19 can impact on this.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #207 on: November 01, 2021, 04:01:55 PM »
The world adopt the technology ( blockchain ) not the product ( btc ), as long doesn't have law, crypto can be replacement anytime. COVID connect with economy and that is fiat, bitcoin is not solution but another way to keep survive. Bitcoin can for built business but domination still in fiat it will pass someday. No one have right answer for your question but I think this is consolidation time, means big player will take action in near time so be aware.

Offline mlawson71

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #208 on: November 01, 2021, 04:02:56 PM »
I think the examples are more circumstantial. Covid forced people to stay home a lot. People staying home get bored, fast. There's only so much Netflix and chill you can do. Add to that the need to make money, and interest in non-traditional but legal sources of profit is increased. Cryptocurrencies certainly fit that description, for a lot of people.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #209 on: November 03, 2021, 08:56:22 AM »
COVID-19 make the Bitcoin is so much high and so many peoples will start to use the Bitcoin for the payment system and i personally use the Bitcoin to buy the online things. Bitcoin is the future of the world and it make so much high in  short time.
The coronavirus epidemic has changed the world economy to some extent. However, the global economic situation is on the verge of collapse, at a time when people are becoming addicted to the cryptocurrency market. Bitcoin and other currencies have been introduced ever since. And the level of bitcoin use worldwide is greatly increasing. As a result, prices continue to rise.

 

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