Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
jbreher
on 18/03/2020, 01:45:41 UTC
Also what's happening in the US, at least the 'merica portions of it...
https://news.yahoo.com/buyers-virus-fears-priority-isnt-184327709.html
Quote
Some dealers said an unusually high proportion of sales have been to first-time gun buyers.

“We attribute it mainly to the virus scare,” said Hyatt, whose gun store has seen sales increase 30% to 40% percent since late February. The presidential election and stock market fluctuations have also been driving business, he said, and the store is now selling more than 300 firearms a week.

“People have a little lack of confidence that if something big and bad happens, that 9-1-1 might not work. We saw it with Katrina,” Hyatt said, referring to the breakdown in emergency response after the 2005 hurricane on the Gulf Coast. “People haven’t forgotten that a disaster happened, and the government didn’t come.”

Bubut... with Katrina, the government did indeed come. The national Guard came, and confiscated everyone's firearms.

Maybe the'll refuse this time.

Then again, first time gun buyers probably have exactly one box of the cheapest target ammo the store had.