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Did the pandemic increase the useage of bitcoin

Ehizzy1

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If I could recall correctly the minimum number of views was 4000 but I wouldn't know the minimum now that it is said that YouTube come with new policy.
Like 4k views to get how many dollars since the former adsemse rate i have seen in some countries is 1k views for $1
 

Niftyyem

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The truth is that we would still see more of people using bitcoin. Have you any idea of the number of people who have made bitcoin their major investments? Countries are not even left out of this.
 

Sincerem

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The truth is that we would still see more of people using bitcoin. Have you any idea of the number of people who have made bitcoin their major investments? Countries are not even left out of this.
How can you calculate how many people that use Bitcoin as one of their investment source. You only estimate how many people that uses Bitcoin. More than 50 million people uses Bitcoin as source of investment.
 

Dubai

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Yes, many people made online transactions using the bitcoin as a means of exchange as there where restriction and limited movement.
 

Shole

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It def did, as people lose jobs, and it is a drastic measure as you mostly won't earn much, but even 2-3$ per day is good enough to survive.
 

Nova

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Bitcoin earning is a bit inconsistent for me. I can't pay to online sources using the bitcoin. In fact it would be pretty difficult in the long run. But apart from that I'd say that pandemic would be increasing the digital payment routine across the various platforms. Many people have started paying digitally for years now.
 

ahmedo24

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Oamd increased the use of bitcoin because more companies accepted it during the pandemic, many people invested in it as an alternative source of income generation.
 

Erik4150

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The pandemic affected the economy of many countries. Due to economic downturn many countries turned to crytocurrencies as an alternative to help salvage a struggling economy.
The pandemic is a contributing factor to bitcoin rise in value.
 

Patrik

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It surely did, as some people knew about it in this pandemic, so they used it as an alternative for the jobs they had and lost, so they might be keep using it and working on it even after the pandemic as they might find it even better than any job they could get
 

Adeyoola7

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To me i enjoy the use of bitcoin during the pandemic pandemic was bitcoin's chance to shine. ... of nowhere and uses some of it to buy corporate junk bonds, ... current economic crisis has increased bitcoin's chances
 

Carson20t

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How can you calculate how many people that use Bitcoin as one of their investment source. You only estimate how many people that uses Bitcoin. More than 50 million people uses Bitcoin as source of investment.
Exactly my line of thought aswel,see btc only in large quantities can you make a good profit through hodling but you can also use it to pay or pay for an investment or service to give you products that will make you profits.
So in its nature that btc is anonymous alot of people have a preference to use it as compared to fiat currency.So really i agree with you that I it's just the preffered mode of making investments.
 

Sincerem

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Exactly my line of thought aswel,see btc only in large quantities can you make a good profit through hodling but you can also use it to pay or pay for an investment or service to give you products that will make you profits.
So in its nature that btc is anonymous alot of people have a preference to use it as compared to fiat currency.So really i agree with you that I it's just the preffered mode of making investments.
Thank God that you shared my views, Bitcoin is decentralized and many people uses it for transactions. Paying for their products, sending and receiving funds from external wallets. Bitcoin has too many qualities that I can't outline here finish.
 

BrolySSJ

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We all know that due to the lockdown imposed by the government which was caused by the pandemic , made a lot of people find means to start earning online

So did the pandemic increase the useage of bitcoin
I definitely think that it did. First of all there were many people working from home and therefore many decided to venture into the crypto world, especially those that were out of a job during the times of lockdown, and as such looked for online methods in which to earn. Furthermore, there are many that consider this to be a better way to make payment as it is contactless, which is very important when it comes to pandemics of this nature.
 

Maheen Khadija

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We all know that due to the lockdown imposed by the government which was caused by the pandemic , made a lot of people find means to start earning online

So did the pandemic increase the useage of bitcoin
We examine the relationship between cryptocurrencies (namely Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP)) and COVID-19 cases/deaths. This will help explore whether cryptocurrencies can serve as a hedge against COVID-19. The wavelet coherence analysis indicates that there is initially a negative relationship between Bitcoin and the number of reported cases and deaths; however, the relationship becomes positive during the later period. The findings for Ethereum and Ripple are also similar but with weaker interactions. This supports the hedging role of cryptocurrencies against the uncertainty raised by COVID-19.
 

Ehizzy1

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We examine the relationship between cryptocurrencies (namely Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP)) and COVID-19 cases/deaths. This will help explore whether cryptocurrencies can serve as a hedge against COVID-19. The wavelet coherence analysis indicates that there is initially a negative relationship between Bitcoin and the number of reported cases and deaths; however, the relationship becomes positive during the later period. The findings for Ethereum and Ripple are also similar but with weaker interactions. This supports the hedging role of cryptocurrencies against the uncertainty raised by COVID-19.
We examine the relationship between cryptocurrencies (namely Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP)) and COVID-19 cases/deaths. This will help explore whether cryptocurrencies can serve as a hedge against COVID-19. The wavelet coherence analysis indicates that there is initially a negative relationship between Bitcoin and the number of reported cases and deaths; however, the relationship becomes positive during the later period. The findings for Ethereum and Ripple are also similar but with weaker interactions. This supports the hedging role of cryptocurrencies against the uncertainty raised by COVID-19.
I am not really sure if there is any relationship with the covid cases cand bitcoin or others , but i am quite sure that the covid cases aided the lockdown imposed by the government so many people who had no jobs or work offline ,have to start investing on crypto to earn online
 

Kamon c4

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Yes the pandemic increased the usage of cryptocurrency. It was the easiest escape from idleness and involves making money. Since it doesn’t involve face to face transaction, it was a lot easier and many people had enough time to study the market
 

Mujahid12

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We all know that due to the lockdown imposed by the government which was caused by the pandemic , made a lot of people find means to start earning online

So did the pandemic increase the useage of bitcoin
Interestingly, I started in online earning lockdown and this increased toward online earning and it helped me to get into online field and after that I started trading in bitcoin that gives me confidence .
 

Sotherefore

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Yes I think the Corona virus pandamic actually increase the usage of bitcoins in the sense that people where on lockdown and as a result for they witch to online transaction and online mode of doing business , and in economy people must buy and people must sell for it to grow and because of this people who need goods and services can be able to have that by ordering it online and sometimes most of the online store accept bitcoins as mode of payment, yes I agree the Corona virus time actually increase the usage of bitcoins since people were actually into online business and transaction.
 

Bilal0087

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We all know that due to the lockdown imposed by the government which was caused by the pandemic , made a lot of people find means to start earning online

So did the pandemic increase the useage of bitcoin
Yes dear, due to this pandemic situation a around the world, behaviour of people is changed and the investors move towards the online trading with Bitcoin, now this is increasing day by day, so bitcoin will bounce more in the coming year.
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We all know that due to the lockdown imposed by the government which was caused by the pandemic , made a lot of people find means to start earning online

So did the pandemic increase the useage of bitcoin
Yes dear, due to this pandemic situation a around the world, behaviour of people is changed and the investors move towards the online trading with Bitcoin, now this is increasing day by day, so bitcoin will bounce more in the coming year.
 
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