Post
Topic
Board Bitcoin Discussion
Re: Did bitcoin lose its value?
by
rodskee
on 20/10/2020, 03:39:16 UTC

Did bitcoin lose its value?
In the era of pandemic 2020, Federal Reserve Bank printed paper currency notes which ultimately decreased the value of us dollar USD. And in that period, Bitcoin btc was also stagnant and did not move much. So did bitcoin has losen its value with usd? If yes then similarly other fiat currencies like usdb, usdt etc. also lose their value with devaluation of us dollar.
Not because the price is stagnant means it is losing the value,Bitcoin will move by Supply and demand so what are you seeing now is that
Investors are hesitant because of the ongoing Pandemic and also the incoming US election.
With this 2 big events why the investors are not moving their money inside market.
But still the value of bitcoin is indeed high  as the demand is increasing each year.so basically your question is too advance just because the
printing  of  paper money is increasing because this market is not affected of that action by the US goverment.