Quote from: BitcoinTurk on April 05, 2020, 04:34:53 PM

Quote from: Jeezy911 on March 28, 2020, 02:05:06 AM

Expect a price jump when stimulus checks start rolling in. I know I'm personally buying some crypto anyone else feel the same way?

I really wonder why many crypto investors who think optimistically want to get our opinion with such a thought or argument. Yes, the FED started to issue money recently and the American government plans to distribute this money to the public. This money to be distributed will most likely be used by consumers to meet their basic needs. Of course, it is certain that there will be some money inflows to the markets due to this cash abundance, but I think only a small part of this money inflow will be transferred to the crypto money markets. For this reason, I do not expect a serious increase in prices. Finally, I would like to say that if everyone's expectations are in this direction, more money will emerge from the crypto markets and prices will reach new bottom points. The big investor never takes action towards the expectations of a community or small investor. Someone must lose money so that they can make money.

I doubt even that small portion would come to crypto fro the airdropped money as the job loss hits the sky and everyone would like to hold cash by even selling some of their existing position from the market to meet their expenses and I believe even if the crypto market rise in price people tend to book profit in the medium term because of this crisis