Will Bitcoin Survive from Corona?

[satella17 65]

On 4/5/2020 at 1:39 AM, SuperCrypto said:

We all suffer from the disease crisis now and know how much the market is suffering and this crisis has greatly affected it. Do you think that bitcoin can survive from this crisis and continues to reach its goals despite the great pressure in light of this crisis that affected all assets in the world?

neither bitcoin nor the other cryptocurrencies will be affected by covic since they are not linked to any country

[Shaza Ahmad 1682]

He has survived this crisis and will surely survive all subsequent crises as long as the market is always volatile and Bitcoin is supported by the confidence of investors in this cryptocurrency and nothing else as long as confidence exists. Bitcoin will surpass all adversity and difficulties.

[Matias Conforti 89]

I believe that yes, moreover, in major crises, people move their assets to safer places, and by seeing Bitcoin as a haven of value, it can increase its price and make the crypto market grow.

[alexjobs 228]

It will survive and surely rise with great strength.

And this can be deduced simply by applying logic. The government has printed a lot of money, all those dollars that they have given away will undoubtedly take a toll on you in the future, the products will go up, if a coffee costs you 1 dollar in the future it will cost you 2 dollars and so on. This is due to the fact that there is a lot of money circulating in the street and few products (because many companies are not producing).

That colossal inflation that is coming will undoubtedly make a lot of people move to Bitcoin, since that is precisely one of the reasons why Bitcoin was created, to protect you from inflation, since no one will print Bitcoin. The amount of Bitcoin that currently exists ... will be the same amount that will exist in the future.

For this reason, nobody can devalue it, unlike Fiat, which devalues it every time the government decides to print more.

[Onden 2098]

I think bitcoin can survive this crisis, we can see in the last few months that the price of bitcoin has increased even though other financial systems have decreased. Bitcoin experienced a decline at the start of the pandemic, after which the crypto market recovered and the price of bitcoin has continued to rise until now. So the global economic crisis doesn't really affect the crypto market.

[luchogamer23 51]

survive yes, but its price will fall because the economy of one of the powers is being affected, this will also affect cryptocurrencies and therefore bitcoin as well but after this bitcoin will rise again

[xawier 49]

As a result of the crown the world economy has collapsed but at the same time it is a good opportunity for the crypto currencies to become more popular and known all over the world, since being at home they need work and many come to the world of the crypts for a better income. 

[kryptonick 2659]

Bitcoin did amazing to survive this as well and now is in glorious ride to a new all time high. But first we have some steps and it is moving very slowly since summer. We know we need patience and it is not like in 2017 where in a few weeks price went from 10k to 20k there is different momentum today.

[gabbiano 38]

think that at the beginning of the pandemic, I believed that the markets would collapse, but that instead the price of bitcoin and other cryptocurrencies would rise, and also that of gold (which actually happened).

So I clearly invested just before the markets went down. Think what happiness ...

 

So I honestly don't explain how a parallel economy is so much affected by the pandemic anyway. Yet if it did, it will be the same next time (I expect a dizzying collapse overnight due to the covid)

[Mosab73 333]

The price of bitcoin halved as a result of the Corona crisis, but it returned to rise again after half due to the belief of investors in it, as well as major international financing companies, and now about seventy percent of the countries of the world are dealing with bitcoin as a means of payment between dealers

[JuanBerbesi23 199]

On 4/5/2020 at 3:39 AM, SuperCrypto said:

We all suffer from the disease crisis now and know how much the market is suffering and this crisis has greatly affected it. Do you think that bitcoin can survive from this crisis and continues to reach its goals despite the great pressure in light of this crisis that affected all assets in the world?

Due to this strong pandemic due to Covid-19, the stock market fell a lot and fell drastically, including the Bitcoin trade, lowered its price but thanks to its volatility, its supply, its volume and its large investors, the btc re-emerged. and today it is much higher than at the beginning of the pandemic.

[Fixfin 2569]

I don't know exactly if it will have more problems later but the problem is that still there are so many stock brokers involved with bitcoin and they are dumping bitcoin any time their stocks are dropping, they have connected their bots with stocks. 

[percare 3192]

Bitcoin survived and was never in danger. Some very scared investors had their money in exchanges ready to sell in case it dropped. Not a very good plan and this made me think a lot about all these investment funds. They get scared and sell in massive volumes. Haven't they ever seen a chart in their lives? How can they sell at 4k and even lower when the volumes had reached a million Bitcoins. Don't they see that someone was very happy to buy at that price?

[cesarock11 23]

In this pandemic, the world entered a serious economic crisis, most of the currencies in the world fell, but bitcoin was not affected much, it is stable and with a continuous growth, which confirms that cryptocurrencies will be a great method of economy in the future.

[yonkii 3205]

I remember reading how the corona destroyed the stock markets, how oil was trading bellow zero and how Bitcoin dropped too. It was making me feel worried for the future. But after they all recovered I wanted to learn about Bitcoin. I found Cryptotalk and a few more websites that help me learn and I have no remorse on this.

[adamramis 496]

Well as you see now bitcoin still raises that it means there's hope for crypto obviously the market not like previous year but  people invested in quarantine in crypto market so Corona won't broke the crypto 

[Michar1 1693]

Well at first if he was bearish, but the halving helped him a little, it is still expected that it will continue to rise and the people interested in bitcoin grow even more.

Edited November 14, 2020 by Michar1

[Mella 3680]

I am remember I am sure this will happen and bitcoin made it. Now I am have one advice. Do not expect price to go down again. It is so strong today that it is more possible to go to 100k than go bellow 10k again. It is this opportunity you will not have in your life again. I am stop the bitcoin tradeing and hold now and I am try to make it as much in bitcoin possible.

[Sykkuno 2887]

Bitcoin can survive nuclear disaster and it can survive anything. Even if humanity does not make it , right now Bitcoin can last for another thousand years with nobody maintaining the network. This is the full potential of Bitcoin it is a network that is autonomous and strong enough to last a thousand years.

Edited October 16, 2020 by Sykkuno

[Mike1515 2977]

Yes it will it has already servived and we need to take it serious , Corona only affected the other world and the truth to it is that there was a lot of work to be done today we need to really think so hard and understand what would have been the best way to follow today and the idea is to always know that bitcoin stands on its own , most external factors do not affect it except the demand and the halving.

[Zeshan Khalid 2577]

It have survived the pandemic and have started to grow more rapidly after it because of the gap that was left during lockdown is being filled with more business and more purchase of BTC

[decemberends 1881]

Although bitcoin is greatly affect by the corona virus and its struggling very bad as it is but will surely recover if the cases lessen somehow but yes definetly can recover its just will take alot while but the wait is worth though as the value can be bigger (but i cant guarantee that.).

[Cryptic 0]

Definitely, in fact it still doing fine in the market and it seems didn't bother by the corona virus. I think the reason is because people nowadays are into online jobs like trading, so the demand on crypto currency is increasing, obviously they will choose BTC since it is the leading crypto and has the higher price amongst crypto.

[Syedbesharat 5423]

On 4/5/2020 at 12:39 PM, SuperCrypto said:

We all suffer from the disease crisis now and know how much the market is suffering and this crisis has greatly affected it. Do you think that bitcoin can survive from this crisis and continues to reach its goals despite the great pressure in light of this crisis that affected all assets in the world?

The pandemic highly effective the people and business where world is not 1% ready for these kind of emergency situation. We have witness the world level failure where the governments put down their hand at ground in front of Corona and still can't fully upper hand it. 

The wave of corona is pass but the damage is much greater then we calculated. 

In those kind of situation we hope good for crypto market and want it to achieve it's goal. But I personally believe its gonna happen in 2021.This year 2020 is not year of crypto Boom. 

[Koussaygame07 103]

Yes, it is one of the currencies facing and affected by the Corona epidemic, we note that when the economies of countries stop and quarantine is resorted to, Bitcoin deteriorates and its value decreases