Post
Topic
Board Economics
Re: Pandemic: good for the bitcoin market or bad?
by
milewilda
on 06/10/2021, 21:30:38 UTC
I think It is already an established market and even if any act of God comes to the world, the bitcoin market will last as long as there is stable demand and market capitalization. It is important for you to know your situation during this pandemic if you can get your money out of your pocket and convert it into assets or hold bitcoins. And does the problem matter or not? sure yes. When the economies of the countries go down, unemployment and hunger due to the pandemic are high, prices will recover, only the pandemic will pass and the economies of the countries will gradually recover.
As long there's internet and no matter what those natural calamities would impact out on the world then Bitcoin would still live.It cant be affect with those natural conditions
which means it will always vary with the demand and support of the community.No news or events that could precisely tell or able to make the market go down on precise manner.
It could move on various ways without knowing on when it would happen and that what makes it too unpredictable but at least you could presume basing on different aspect or
factors too which could be considerable.