Reddit users go shopping: planned action to buy BTC
Reddit users go shopping: planned action to buy BTC Reddit users go shopping: planned action to buy BTC

The action proposed by one of the users of the Reddit website to buy BTC next Tuesday has received a lot of interest from Internet users.

So if anyone wants to support the action or see what effect it will have on the BTC exchange rate, they should set a reminder for 11 p.m. tomorrow.

Buying BTC for $

30

It started with an innocent question: so… we all buy BTC for $30 on Tuesday?

So… We all buying $30 worth of Bitcoin on Tuesday?

and emphasizing that it’s not about pumping up the price, but a symbolic gesture of support towards the people of El Salvador for tomorrow’s law that will make BTC legal tender in the country.

Unlike cryptocurrency enthusiasts, not all Salvadorans are happy with this decision (see also: protests in El Salvador over BTC introduction

). Many of them fear that they will lose money through large fluctuations in the exchange rate, and the official recognition of the most popular cryptocurrency will increase corruption.

As a result, Reddit

users want to use massive purchases to show that Bitcoin has real value for many people around the world.

Another action by Reddit users

Anyone who wants to take part in the action and symbolically show that BTC has value to them can buy $30 worth of BTC tomorrow. The action is scheduled for 2 p.m. Pacific time, which is “our” 11 p.m. A post published three days ago already has more than 2,100 comments and 86% support from users.

Although the massive purchases of BTC for $30 may seem insignificant, users of the Reddit site have repeatedly shown that they should be reckoned with. The best example is the high-profile action associated with WallStreetBets and GameStop | Everything You Need to Know. In one place

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.

In the article about the activities of Reddit users related to cryptocurrencies, of course, could not miss the mention of Bitcoinbillionaire. In 2013, the mentioned user gave away 50 BTC for free. A few hours later, the price dropped 50%

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