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Author Topic: COVID-19 Increased Bitcoin Adoption  (Read 23288 times)

IyemRoker

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #45 on: November 28, 2020, 12:26:36 PM »
No, Bitcoin has become expensive now and the effects of this Pandemic have started to gradually recover.
Then there are lots of people at home to learn about cryptocurrency and of course this is something that really raises the search rating on Google about cryptocurrency.
If the price is still falling, please be patient because of course this cryptocurrency will also increase by itself in 2021-2022.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #45 on: November 28, 2020, 12:26:36 PM »

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #46 on: November 28, 2020, 02:55:10 PM »
No, Bitcoin has become expensive now and the effects of this Pandemic have started to gradually recover.
Then there are lots of people at home to learn about cryptocurrency and of course this is something that really raises the search rating on Google about cryptocurrency.
If the price is still falling, please be patient because of course this cryptocurrency will also increase by itself in 2021-2022.
It is the results of the Google search engine ranking that indicate that people are much more interested in cryptocurrency during the pandemic than before. I believe that this factor is a whole indicator that covid-19 is contributing to the spread of cryptocurrencies in society.

Offline ayatoslaw

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #47 on: November 29, 2020, 06:41:08 AM »
No, Bitcoin has become expensive now and the effects of this Pandemic have started to gradually recover.
Then there are lots of people at home to learn about cryptocurrency and of course this is something that really raises the search rating on Google about cryptocurrency.
If the price is still falling, please be patient because of course this cryptocurrency will also increase by itself in 2021-2022.
I agree with you, the last few weeks pandemic has not affected the price of bitcoin, but if the price of bitcoin fell in May then it was because of the pandemic,
now the price of bitcoin has gone up very high, and with the rise of bitcoin today I am sure a pandemic or whatever it will not be able to affect the price of bitcoin anymore.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #48 on: November 29, 2020, 05:22:13 PM »
Yup, I also agree that the Covid 19 pandemic does not affect the price of bitcoin to be expensive. But the fact is that during the Covid19 pandemic, many new Bitcoin investors appeared with a lot of demand in the crypto market which could be one of the factors in the price of bitcoin to increase.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #49 on: November 29, 2020, 05:29:43 PM »
Prices are influenced by people who buy and sell. My observation this year is that more people buy and survive until the market recovers
Indeed. Buy and sell has something to do with Bitcoin price but I don't think it increases the adoption. To be honest btc adoption is from good effect in economy regardless of its volatility.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #50 on: November 29, 2020, 08:17:07 PM »
after the recent correction, bitcoin again began to go to new heights, recovered and I look for a couple of days added $ 1000, maybe it's because of the pandemic, or maybe it's just time to break a new high, and it will be very soon.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #51 on: November 29, 2020, 11:53:33 PM »
Actually, it is not Covid-19 which makes the bigger adoption of Bitcoin, but the crisis in the economy and the chance of getting profits in crypto investment or trading. Covid-19 just triggers people to think of the alternative of getting money. And the people know that crypto investment/trading has a good opportunity to get money. Then, they try to know crypto and invest their money in Bitcoin or altcoins.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #51 on: November 29, 2020, 11:53:33 PM »


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Re: COVID-19 Increased Bitcoin Adoption
« Reply #52 on: November 30, 2020, 02:47:03 PM »
I believe not just Bitcoin but most of the cryptocurrencies, Because of the lockdown many people stay indoors and surfing on the Internet. And because of that reason, the interest in cryptocurrencies is growing particularly bitcoin. Besides the negative effect of COVID 19 in the global economy, But on the brighter side the interest in Bitcoin and other cryptocurrencies is also growing. 

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #53 on: November 30, 2020, 02:54:52 PM »
Although COVID-19 caused a lot of damage and panic around the world.  There was no damage to our cryptocurrency.  This coronavirus has not only damaged our cryptocurrency but has also updated more cryptocurrencies.  Nowadays cryptocurrency is much better than before.  Maybe the market is going to be much better for this cryptocurrency.
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Re: COVID-19 Increased Bitcoin Adoption
« Reply #54 on: November 30, 2020, 06:55:28 PM »
Although the situation around Covid 19 is dire at the moment, the cryptocurrency market has become much more beautiful.  Currently the cryptocurrency market is so good that the market is now starting to rise to the top, breaking all past records.  So I think this coronavirus has brought a lot of good news for our cryptocurrency market.
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Offline vegasus

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #55 on: November 30, 2020, 10:47:41 PM »
Personally, I can ensure about this so clearly, however, well yeah this pandemic probably supports the progress and development of Blockchain utility much higher. Moreover, it can also help to manage, saving secure, and also showing the data and details easily, quickly, and also more transparently because of using this technology around the world.

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #56 on: December 01, 2020, 12:20:57 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?

I think pandemic wasn't affect the value of bitcoin. Bitcoin is increasing now, I think bitcoin has shown good performance at market now. It will hit 20k USD soon, maybe at the end of this year, we will see.

Offline damsix

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #57 on: December 02, 2020, 08:08:33 PM »
I think it's not just Bitcoin that everyone is aiming for during the Pandemic, because there are so many altcoins that everyone is adopting at home.
I see that Ethereum is also very much sought after and I see that Google traffic is also very high.
Don't forget also TRON and USDT who follow under it because these two coins get full support from various parties for Stable coins and coins that continue to exist on Twitter.
retire and rest in peace

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #58 on: December 02, 2020, 11:32:16 PM »
I wonder whether it is about Bitcoin adoption or blockchain adoption. Many sectors are now using and also adopting blockchain technology in order to support their process and also system better, safer, more transparent worldwide global data storage, and many others. But about Bitcoin adoption, it is probably related to the payment method?
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Offline bayiajaib

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Re: COVID-19 Increased Bitcoin Adoption
« Reply #59 on: December 02, 2020, 11:42:13 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 price is going up bro, I think pandemic covid 19 didn't affect to bitcoin value. Many people still Invested and trade on bitcoin . Bitcoin is also going strong day by day. I really enjoyed it.

 

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