4 ms·

another round of stimulus checks is going to set bitcoin off on another bull run imo. you could see a drastic effect as soon as the $600 started hitting people'

• war1025 6y ago
  > you could see a drastic effect as soon as the $600 started hitting people's checking accounts I think it's interesting how true it is that some people just can't stand the feeling of money burning a hole in their pockets. Based on the furniture set sitting out on the curb at my neighbor's house, they decided a free $1800 was as good a reason as any to get some new furniture. I guess that's the theory behind stimulus checks, so I suppose it makes sense.
• lotsofpulp 6y ago
  If my income was low enough to qualify for the $600, I wouldn't feel like a speculative bitcoin investment is the best use of the money.
  • jo032 6y ago
    If you make 75K that's more than double the US median personal income and you still qualify for the checks. It's a good living in the US outside of a handful of cities. Also I think a lot of buyers are young people living with parents