Living with parents again could fuel the next Bitcoin bull run.

[StonksStonksStonks]

I think its already happening with the stock market.

Living with parents = saving minimum of $1000+ per month just from rent. So many people moved out of expensive cities like New York City went from paying $3,000/month to living at home with parents for free. And they work from home now, so they are saving money on transportation too. Vacations are cancled, ect. They aint spending money on shit, just saving saving saving. But the gov is printing and fear of that savings being erroded is high. Panic buying incoming


https://www.youtube.com/watch?v=KvfgSo65jvE

[1715391915]

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[1715391915]

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[slaman29]

Don't know about that. Where I come from if you live with parents you generally don't have enough finances to do much OR you don't have the independence and responsibilities yet to live like adults. Without the need to pay rent, don't you think people would spend their savings on themselves more than on their future? More games, more partying out, more eating out.

[batang_bitcoin]

The adjustment due to the pandemic could make that happen.

Don't know about that. Where I come from if you live with parents you generally don't have enough finances to do much OR you don't have the independence and responsibilities yet to live like adults. Without the need to pay rent, don't you think people would spend their savings on themselves more than on their future? More games, more partying out, more eating out.

I guess this pandemic thought the most of us that it's important to save during the rainy days and that's why the possibility of what OP told is high to happen. Instead of being a reckless spender and won't think of any future scenario, they'll start to think of investing and saving.

[Oasisman]

If you lose your job, then you have the reason to move to your parents. But if not then life continues even the world today seems boring without these unnecessary spendings.
That's not always gonna be the case. Let's say you'll find an online job, then you're able to save or invest in stocks or crypto, but aren't you ashamed with your parents living under their roof again "for free?".

I honestly don't think there's an incoming panic buying, If there is then that was the time during the pre-halving.

[TGD]

I think its already happening with the stock market.

Living with parents = saving minimum of $1000+ per month just from rent. So many people moved out of expensive cities like New York City went from paying $3,000/month to living at home with parents for free. And they work from home now, so they are saving money on transportation too. Vacations are cancled, ect. They aint spending money on shit, just saving saving saving. But the gov is printing and fear of that savings being erroded is high. Panic buying incoming


https://www.youtube.com/watch?v=KvfgSo65jvE

Renting apartment has a contract and finding an apartment to settle in for long time is not quite easy. I don't think so many will leave the city and go to there parents. If the reason of living the city was lack of job then it will be the same they go back to there hometown. They obviously no job equlas no monthly income. There is no savings at all that can be invested on stock market and so on.

Those people who work online is the only person that can still make profit right now.

[UnDerDoG81]

I am sure not even 1% is aware of whats really going on in the world. Banks printing money to force the biggest crash in history and blame it on covid19. So, I doubt this money printing will cause a bull run. The world is full of media manipulated idiots.

[carlfebz2]

I think its already happening with the stock market.

Living with parents = saving minimum of $1000+ per month just from rent. So many people moved out of expensive cities like New York City went from paying $3,000/month to living at home with parents for free. And they work from home now, so they are saving money on transportation too. Vacations are cancled, ect. They aint spending money on shit, just saving saving saving. But the gov is printing and fear of that savings being erroded is high. Panic buying incoming


https://www.youtube.com/watch?v=KvfgSo65jvE

I havent watched the youtube link that you do give out but lets stick out on the thing you are talking on here. Living with parents = savings? Not all the time because doing such stuff does indicate that you are
on financial hardship.

Yes, you do able to save up from rent or other expenses but i dont see on why they would consider out on making investment nowadays? They will rather save it up and spend it up later on for their wants and needs.

Also, i dont see that investment would be on the no.1 to-do-list in for this one.

[ethereumhunter]

If their parents okay with their decision to moves to their parents, they can live with their parents. As long as they can explain why they need to live with their parents and don't have a problem with their parents, I think their parents will allow them to live together. But before you go to your parent's home, you need to make sure that you are healthy, so your parents will not worry about you.

[kotajikikox]

I think its already happening with the stock market.

Living with parents = saving minimum of $1000+ per month just from rent. So many people moved out of expensive cities like New York City went from paying $3,000/month to living at home with parents for free. And they work from home now, so they are saving money on transportation too. Vacations are cancled, ect. They aint spending money on shit, just saving saving saving. But the gov is printing and fear of that savings being erroded is high. Panic buying incoming


https://www.youtube.com/watch?v=KvfgSo65jvE

Imagine you have connected this situation to bitcoin growth possibilities?

but i think even if people are not spending money now,the problem is would they invest in crypto?

do they know what crypto is all about?

and are they willing to risk their money in this risky environment ?

[gentlemand]

If you're back marooned round your old dears then your financial priority will likely be to move on again. You're not going to cripple yourself for a bubble that may come years after you want it to.

[electronicash]

that is if your parents will allow you to live on their basement. some parents do like this but some doesn't like it specially if youre a couple already.  
i don't see it fueling bullrun unless they all receive 2000$ each month and invest some of it to crypto. if you are a family man, you would rather be buying more supplies to stock in preparation for the winter.

[diazepam666]

I am sure not even 1% is aware of whats really going on in the world. Banks printing money to force the biggest crash in history and blame it on covid19. So, I doubt this money printing will cause a bull run. The world is full of media manipulated idiots.

In crypto economy is totally different from normal economy growth, But only matching is investors is need for all the platform. I think not all the peoples are media idiots so don't compare total world is media manipulated Idiots. Number of news will enter in each seconds so controversy news are push up in the market. COVID is affected the many peoples so human is need to buy the crypto so must investors activity in all the platform.

[7788bitcoin]

The market does not depend upon every day pennies, you need to see billions moved into the market to see a rally and for that to happen you need to expect the fund houses to pump their investment into the market so that we will see a huge push, you cannot expect a rally with a few million. This pandemic has crippled many and i am also moving in with my parents next month as i am not able to handle everything and it is a bummer to come to a situation like this but that does not mean that i am going to save those money to invest in any market .

[el kaka22]

I would say saving because you are at your parents house would be viable for only a small portion of people.
If pandemic caused you to lose your job, the first thing that comes to your mind is not "I should move in with my parents again", it is "where am I going to find money to pay rent".

I can tell you that during this pandemic I went to my parents as well but it wasn't for economical reasons and I didn't saved anything because I went there to check on them and how they are doing (old people may need more help) and I paid for everything I bought and for many things in the house to help them during this difficult time as well.

Right now there is 9 days left in the month and I already have very little amount to live with due to helping out my parents, it doesn't really work out the way you think it works out, just because you are with your family doesn't mean they for everything even when you are old.

[sheenshane]

I dont see any panic buying reason here, the reason that you are moving to your parent's house because of financial problem, it doesn't mean also your moving onto them and you're free of anything. You need to spend your money also, unless, if your parent's wealth can sustain and provide all necessity of your family too(wife and kids).

This is a small possible factor that might the reason for having bull run, I don't see if this will work. It might contribute but not that much.
I prefer to listen to that news that stating Bitcoin's massive adoption just like Paypal that now starting accepting Bitcoin and other cryptos. This might have a huge impact on the price.

[Silberman]

I think its already happening with the stock market.

Living with parents = saving minimum of $1000+ per month just from rent. So many people moved out of expensive cities like New York City went from paying $3,000/month to living at home with parents for free. And they work from home now, so they are saving money on transportation too. Vacations are cancled, ect. They aint spending money on shit, just saving saving saving. But the gov is printing and fear of that savings being erroded is high. Panic buying incoming


https://www.youtube.com/watch?v=KvfgSo65jvE

I do not see this happening massively, maybe a few people are doing this but the majority of those that return to live with their old folk do so because they are dirt broke and they cannot afford to pay rent and for the most part they have credit card debt, so whatever income they have goes towards paying their debts, trying to get a new apartment and buy more useless stuff, so I am sorry to tell you this but there is not a huge wave of people coming to this market with their bags full of money.

[uneng]

Of course it's not happening in large scale, as probably less than 1% of world population is part of crypto universe. But indeed people who can work from home are saving money during this crisis time for the reasons presented on this thread and there are serious possibilities these people will move into crypto currency if the market keeps at least stable one year from now.
These can be the next adopters running away from their broken economy currencies. Although a *panic buying* in considerable quantity isn't going to happen because most people are being negatively affected by the crisis, they can't work from home, they are totally broken, so they have no money to invest in anything. Then I conclude what we really need aren't solely bitcoin investments, but bitcoin jobs!

[Mahanton]

Of course it's not happening in large scale, as probably less than 1% of world population is part of crypto universe. But indeed people who can work from home are saving money during this crisis time for the reasons presented on this thread and there are serious possibilities these people will move into crypto currency if the market keeps at least stable one year from now.
These can be the next adopters running away from their broken economy currencies. Although a *panic buying* in considerable quantity isn't going to happen because most people are being negatively affected by the crisis, they can't work from home, they are totally broken, so they have no money to invest in anything. Then I conclude what we really need aren't solely bitcoin investments, but bitcoin jobs!

You are right! Lets say that there are people who do really able to save up not only on rental thing but also in other areas as well for them do able to save up money but i dont really see
for it to be a big thing and as you mentioned this wont really be on large scale thing that will really make some effect into the market.Yes, they can make out investments but doesnt mean that they will able
have significant impact this is why i dont really buy much up this kind of presumption.People will surely prioritize on buying up needs rather than considering on making investment specially that economic state on every parts of the world is declining.It may exclude crypto market but we would really be heading there if this situation becomes more worst.

[harizen]

And they work from home now, so they are saving money on transportation too.

Well if that's really the case, it's good. But....

...here in our country, in some cases, electric consumption + internet cost is not covered by employers or should I say, even just for a percentage.

So even employees saved money on transportation, it's useless since the expenses grow instead. Plus the fact that our electric and water provider do some sh*t in the computation of our consumption, it makes things worst.

As for the concern that this "savings" might trigger the next bull run, I don't think so. Not all are having the same experience as the one you mentioned.

[DoublerHunter]

~snip~
As for the concern that this "savings" might trigger the next bull run, I don't think so. Not all are having the same experience as the one you mentioned.

^ Definitely right, not all are in the same situation so I think this is not a valid reason that probably can trigger the next bull run. But for sure there is next bull run because we had done from bitcoin halving the most anticipated event that bitcoin holders awaiting the result. But who knows that the OP said will have a good result to the market, at least we are on the positive side to having next bull run. Nevertheless, the new upcoming ATH will remind us back then in year 2017 when everyone happy to see that the market was rocketing.