Topic: First Batch of $1,400 Stimulus Checks Hit Bank Accounts Starting Today - page 4. (Read 638 times)
March 13, 2021, 06:43:08 PM
but will they buy bitcoins with that money?
March 13, 2021, 05:57:07 PM
To me I just feel it's just a coincidence, it's what many people will share and not what will be given to one single person. People need money to do their everyday activities and carter for their immediate needs. That's the main purpose of this check. Someone big bought hugely into bitcoin that's what is likely to have caused the jump.
March 13, 2021, 05:22:51 PM
Our government should do the best to keep close tabs with the process of distributing the stimulus package, because cybercriminals and scammers will be gearing up to hijack the entire process
March 13, 2021, 03:30:18 PM
Some people from California were claiming on Reddit that they got their "stimmy" yesterday. I doubt that action is driving a $4k plus jump over the night in the US. The voices online talking about dumping their check into crypto or wallstreetbets are loud and numerous but when compared to the amount of money they can actually devote to the market (and affect price changes) it's minimal. But it's impossible to know for sure.
The only thing that is certain is that Bitcoin (and all crypto) is a truly global market...all day all night. Anything we believe locally could influence Bitcoin is actually going to have less real impact on the price because of this global factor.
What's more likely is that another institutional buyer decided to go in or "buy the dip" and they submitted that transaction at the start of the weekend when other corporate competitors wouldn't be poised to respond.
Just my BTC0.00000033.
The only thing that is certain is that Bitcoin (and all crypto) is a truly global market...all day all night. Anything we believe locally could influence Bitcoin is actually going to have less real impact on the price because of this global factor.
What's more likely is that another institutional buyer decided to go in or "buy the dip" and they submitted that transaction at the start of the weekend when other corporate competitors wouldn't be poised to respond.
Just my BTC0.00000033.
March 13, 2021, 03:22:57 PM
Here's another source --> https://www.foxbusiness.com/economy/banks-processing-stimulus-checks
Could this be another reason why we see bitcoin hit another all time high? those times when the news about stimulus came, there was an increase that happened for bitcoin.
Could this be another reason why we see bitcoin hit another all time high? those times when the news about stimulus came, there was an increase that happened for bitcoin.
March 13, 2021, 12:23:23 PM
BTC will go crazy up today
First Batch of $1,400 Stimulus Checks Hit Bank Accounts Starting Today [Suspicious link removed]j.com/articles/bidens-1-400-stimulus-checks-hit-bank-accounts-starting-today-11615590107
400 billion dollars being sent out
First Batch of $1,400 Stimulus Checks Hit Bank Accounts Starting Today [Suspicious link removed]j.com/articles/bidens-1-400-stimulus-checks-hit-bank-accounts-starting-today-11615590107
400 billion dollars being sent out
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