Quote from: Kasabus on October 21, 2020, 11:00:14 PM

Quote from: xZork on October 21, 2020, 05:02:12 PM

Quote from: Zeke_23 on October 20, 2020, 09:25:00 PM

No, as we can all see, bitcoin continue to increase its value even after that. The reason is that, the value of bitcoin is only paired to USD but it is not necessarily mean that the value of bitcoin will always depend on the value of USD itself.

I think that almost anything that can be exchanged is tied to USD. The USD is a big and prestigious currency, while America is still at the top of the world, we still see USD everywhere.
At the moment everyone is seeing a very good price rise in bitcoin, many eyes on bitcoin and the crypto market. That bodes well for bitcoin and cryptocurrencies, I think bitcoin will continue to increase in price in the near term.

Yes. Even in times of pandemic, bitcoin is not even greatly affected its value compared to usd because we have seen it even more increasing in value and people get even more interested knowing it. I don't think bitcoin will ever lose its value and it has been proven already in its ten years of existence.

Bitcoin is proving to everyone that it is a very good investment and can be very profitable.
It is certain that in the future when people have a better view of bitcoin and cryptocurrencies, the price of bitcoin will soar.