We have to understand that the price of Bitcoin can be determined by its market capitalization and circulating supply. If ever there was a changes any of them will affect the price. If a company sell Bitcoin, let us say Microstrategy, it will make the price to decrease but the decrease of the price vary on how much the value of Bitcoin they are selling. Sometimes it's a domino effect, when one company sell Bitcoin and the other company saw it, they will also sell Bitcoin and going to reinvest in a lower price.

Yes, what you say is correct, but the topic mainly talks about the effect of selling stocks backed by Bitcoin and not about selling Bitcoin itself.

Personally, I do not expect that selling shares will have a significant material impact on the price, but of course it will have a significant psychological impact and may cause fud and people will start selling.

As for selling Bitcoin itself, it will not affect the market unless there is a sale of large quantities from several companies and not from one company, because the market value of Bitcoin is enormous and will not be affected by the sale of one company’s holdings.

How did Bitget manage to offer you their service if other services/platforms are blocked? How did your government do the blocking process? Is it simply blocking the website, or do they stop offering services to your country due to government pressure? If it is the latter, I guess we can only wait until Bitget becomes the next target. Quite surprising to hear that bigger services are not available but you can access Bitget P2P service just fine. What about Bisq? Or maybe I'm out of the loop and Bitget is the hype for P2P nowadays?

On the contrary, my friend, governments first attack the large services and leave the small services until the end, or turn a blind eye to them temporarily, or perhaps ignore them because they believe that they do not pose a threat at the present time.

Look at the position of the American governments in attacking and banning crypto services. They always start by going after the big services. For example, when they started going after exchanges, they started with Binance, then Kraken, Kucoin, UniSwap and others.

Likewise, with regard to mixers, the United States began attacking the largest mixer (ChipMixer), and after that it began attacking smaller mixers.

"Bitcoin is the most beautiful currency in the world." I really liked this phrase. It's like a kind of yarn used by poets. Bitcoin really deserves this title.

There are many things that truly make Bitcoin “the most beautiful currency in the world,” regardless of decentralization, maintaining privacy, security, a means of hedging, and many other features. Suffice it to say that Bitcoin has made many people’s lives better and easier.

Bitcoin has given many people the financial freedom that the rich have monopolized over the past decades.

You can still sign up and buy GME if you feel like it. It dipped now and let me say 60% of my limit orders got filled. You know when a coin/stock goes up, people will take profits and some will panic sell at a loss. I'm hoping for the rest of my orders to get filled, if not, I'm okay with what I have.

Yes, the price has dropped a lot now, in fact a resounding drop of more than 51% within 24 hours. I don’t know what happened. Perhaps the reason is the rise in Bitcoin or another reason, but it is good that you got 60% of your orders. Perhaps it is a new good opportunity.

The price of the GME is now very low, which is good for those who want to buy, and I expect there will be a new rise, but of course it involves a great risk, so it is better for every investor to do his own research before taking the risk.

As more and more people can feel the many choking points of the global economy - and as felt in China's economy - investors small and big would be looking for the best, solid and viable alternatives and since Chinese may have a hard time getting into Bitcoin they are now turning to gold. As pointed and suggested by Robert Kiyosaki, we need to be serious with gold, silver and Bitcoin in no particular order of preference. One article I read suggested that gold will one day be reaching $10,000 per ounce and surely the future of gold is looking good as "...the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S. sanctions have contributed to this end." So what should we do? Buy gold and silver together with Bitcoin, of course. Now, where is my money?

I agree with you, your analysis is very logical. Yes, most countries in the world suffer from economic problems, the most important of which is inflation and traditional paper currencies losing their value, including the Chinese yuan, of course. Therefore, it is natural for people to turn to finding an alternative.

But as you mentioned, since China bans Bitcoin, the best option for the Chinese is to turn to gold and precious currencies, although I expect that a large portion of them buy Bitcoin secretly from the Chinese governments.

China has been one of the biggest markets for cryptocurrencies and I don't think people will give up on it easily even if the government bans it.