Post
Topic
Board Bitcoin Discussion
Re: Covid-19 On Bitcoins
by
abderrazak belkhir
on 10/08/2021, 22:48:01 UTC
if the pandemic is not resolved there are 2 things for bitcoin that might happen
1. bitcoin can be destroyed because the global economy is collapsing, and the demand for all crypto sectors decreases so that the price of bitcoin decreases.
2. bitcoin will be easy to pump, because many people are in bitcoin and they transfer assets to bitcoin.

these two points can be an early prediction of how the pandemic will affect bitcoin. but in my opinion the most important thing is how the correct pattern of bitcoin movement in the future is most important.
The pandemic have nearly 2 years old and all what we see since a long time is that the bitcoin reach new levels and got a better reputation for sure...its true that we had some bad times in the first mounths of the pandemic but now we can clearly see that bitcoin is very strong right now so the first scenario isnt an option im my opinion.