Post
Topic
Board Bitcoin Discussion
Re: Covid-19 effects on Bitcoin
by
cryptoangel
on 25/06/2020, 14:57:52 UTC
Will the upcoming Bitcoin halving be a non-event due to the state of the world economy affected by COVID-19 ?

No, I think covid19 has suppressed the price, by saying that I mean I think the price would be higher now if the pandemic hadn’t happened but I think the worst is over now. If anything because of govs endlessly printing fiat it might have a really positive effect on the bitcoin price in the coming years.
The current suppressed of the price is investors, because COVID stay in a last 6 months of our world. But market pump and dump is totally different from the COVID-19. Bitcoin will going to moon on upcoming years so those are planning the long term investment Bitcoin is a perfect choice for current scenario.