Quote from: sana54210 on November 24, 2020, 08:18:20 PM

How many people still think that stimulus checks are the reason bitcoin goes up. Ever since the last stimulus check bitcoin increased 80% after that, how could it be STILL affecting the prices? It is nearly impossible, not nearly, it IS impossible.

But that's just something that came out of the analyses that found that at the time of the first stimulus check, a certain percentage of crypto users made a deposit in the same amount of stimulus check ($1200). This is certainly not the reason the price has gone up, but those who have done so have done really well - and will probably do the same if they get more helicopter money - but who would blame them, the money can be spent on anything.

Quote from: stompix on Today at 10:14:25 AM

I think it happened with companies in your country also during the 1990-2000 period when entire debts were erased as the state owned companies were indebted to the state itself. That's the way we're heading here also but of course with more brutal consequences as the actors are a bit different.

Unfortunately this was not the case - in my case state or as we called it social ownership passed into private hands in a process called privatization - and it was the biggest robbery in the history of my people. Of course, the smokescreen was a brutal war that lasted 4 years, and while the honest defended the country - criminals systematically plundered that same country, and the consequences are still being felt today.

Quote from: stompix on Today at 10:14:25 AM

It's already going downhill, there is no way this trend can be reversed in at least a decade, but luckily for us (of for me at least as I don't have a clue what's your age) it will probably crash after the moment I don't care anymore. Grin

I have come to terms with the fact that things will not be positive in my country for the rest of my life, so I hope that BTC will help me one day not to be an average retiree who barely survives on a 250 or 300 EUR pension. Of course if there is a pension at all, because as things stand today, people go from work to the cemetery.