Quote from: Cratoon on April 17, 2020, 01:43:06 PM

Quote from: Janation on April 17, 2020, 01:16:29 PM

Quote from: Cratoon on April 17, 2020, 12:48:52 PM

Quote from: WhyFhy on March 13, 2020, 01:23:08 PM

If bitcoin is made for times like these why is everyone selling at a time like this?
China quarantined fiat FFS.
This tells me 100% BTC is only a financial purpose and not a practical purpose overall.

Just venting a little. This selloff is nuts.

It is exactly made for situations like these, but you got to understand the timing. Right now FIAT is still credible for purchases, and people do need FIAT to purchase supplies and such.

Then it is not the time, right?

Besides the fact that the pandemic is there, Bitcoin is not that currency that would be accepted that quickly. From being decentralized and being volatile, the government might disagree with it. People are not just using fiat since it is the fastest way to buy for their essentials but also because some of those people are not aware of the existence of Bitcoin and cryptocurrencies.

I believe now is a good time to buy BTC, XRP, ETH. These all must grow in these conditions, BTC is still relevant and seen as a crypto to hold money in long time. XRP can be used for instant daily transactions

We are talking about Bitcoin being used.

We are not talking about Bitcoin being not relevant as an investment, we are talking about the use of it in this pandemic. Bitcoin's price is obviously relevant as it is not directly affected by the pandemic.