Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: bitmover on December 15, 2024, 11:52:01 AM
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Trump Confirms Bitcoin Reserve Plans—$15 Trillion Price Boom Predicted
Donald Trump has firmly embraced bitcoin and crypto this year as a leak reveals Russia could be about to start a bitcoin cold war.
The bitcoin price has rocketed past $100,000 per bitcoin on the back of Trump's November election, with the chief executive of a major Wall Street giant admitting bitcoin "FOMO."
Now, as an influential billionaire warns of a looming "debt crisis" that could collapse the U.S. dollar, Trump has confirmed he plans to establish a U.S. bitcoin strategic reserve.
https://www.forbes.com/sites/digital-assets/2024/12/14/trump-confirms-bitcoin-reserve-plans-15-trillion-price-boom-predicted/
This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
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That amount is really crazy, although it is also true that the sources used by Forbes are reliable. Not just the USA and Russia as you say, I imagine that another of the big ones, China, is not going to let this get out of hand if they want to continue growing as an economy. $15 trillion it is more than enough for many global economies to take notice and try to follow in Trump's footsteps. I can't imagine where the value of Bitcoin could go after this news and everything it implies, just as I can't imagine if the altcoin market could be seriously affected for the diversion of funds from one market to another, but I guess we will start to know from next January 20th.
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if this continues for a month or two without any negative news, this means that we will see a big pumping and then the start of the big correction, where many will think that we will see $200,000 and even $1 million.
In general, it cannot be confirmed, what Trump said is:
"We're gonna do something great with crypto because we don't want China, or anybody else … but others are embracing it, and we want to be ahead," Trump told CNBC.
"Yes, I think so," Trump said in response to a question about whether the U.S. will create a bitcoin strategic reserve similar to its oil reserve.
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I don't think the U.S. dollar is going to collapse or any of that kind of stuff, however, it is good that the U.S. and other countries are interested in making a BTC reserve. BTC has a lot of potential and many governments are now seeing it, it is going to keep the price of BTC bullish for a long time.
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I don't think the U.S. dollar is going to collapse or any of that kind of stuff, however, it is good that the U.S. and other countries are interested in making a BTC reserve. BTC has a lot of potential and many governments are now seeing it, it is going to keep the price of BTC bullish for a long time.
The plan they are talking about is to buy 5%[1] of the total supply or in other words 1 million bitcoins just like the strategic oil reserve, the US has about 200k in confiscated reverse so they need to buy 800k if this plan approved.
anyway all we have is "Yes, I think so,"
[1] https://finance.yahoo.com/news/u-bitcoin-plan-could-ignite-192515490.html?guccounter=1
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The bitcoin cold war sounds interesting ;D So other than who has more Gold (and other precious metals) reserves, we'll see a 'contest' on who gets more BTC. They already have a head start with the seized bitcoins but China, according to some article, have a sizable holding as well. Maybe we'll also see more news on Russia going after unregistered exchanges soon.
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Very good news for the Bitcoin community and of course the entire crypto community as we all know crypto is like a domino when Bitcoin surge Altcoins will follow so yeah if this happens crypto will create new sets of millionaires and yeah FOMO is coming up for other countries as we are seeing super power nations taking part the Bitcoin game in the coming months or even years.
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The bitcoin cold war sounds interesting ;D So other than who has more Gold (and other precious metals) reserves, we'll see a 'contest' on who gets more BTC. They already have a head start with the seized bitcoins but China, according to some article, have a sizable holding as well. Maybe we'll also see more news on Russia going after unregistered exchanges soon.
When i see news like this I regret not having bought more bitcoin
Those big players making a bitcoin cold war. I will just hold to my bitcoin
Forbes sources look reliable, they wouldn't spreed misinformation
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^ it comes from forbes, idk. if the news from from the west, you can expect something different in reality.
The bitcoin cold war sounds interesting ;D So other than who has more Gold (and other precious metals) reserves, we'll see a 'contest' on who gets more BTC. They already have a head start with the seized bitcoins but China, according to some article, have a sizable holding as well. Maybe we'll also see more news on Russia going after unregistered exchanges soon.
most probably just competing with who has more hash which Russia could build bigger BTC mining farm and they can power it up with their energy. the west already said Russia is an oil station pretending to be a country. while China could join as well for they have the biggest solar energy power field on their desert and they can produce mining devices too.
countries will just be joining to mine BTC from their volcano like El Salvador did or through their thermal power source.
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When i see news like this I regret not having bought more bitcoin
Those big players making a bitcoin cold war. I will just hold to my bitcoin
Forbes sources look reliable, they wouldn't spreed misinformation
Though a good opportunity in 2023 where the bitcoin price is still low, but we never know that Trump will win the election and now make good statements about bitcoin.
The important thing is to keep HODL.
At least news from well-known media such as Forbes can be relied on for credibility, maybe this will be true when Trump is officially inaugurated.
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This is big news as the US and Russia follow in the footsteps of El Salvador to start buying bitcoin and then adopt bitcoin.
We can see now how El Salvador became a small country that became rich because it bought bitcoin at the lowest price, and they continued to consistently build with bitcoin.
Now it's the turn of developed countries like the US and Russia to glorify into Bitcoin, and this will be a good start and top bitcoin continues to reach its peak and also be a good hedge against inflation.
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Very good news for the Bitcoin community and of course the entire crypto community as we all know crypto is like a domino when Bitcoin surge Altcoins will follow so yeah if this happens crypto will create new sets of millionaires and yeah FOMO is coming up for other countries as we are seeing super power nations taking part the Bitcoin game in the coming months or even years.
The price of coins is increasing day by day, it is expected that the price of Bitcoin will increase several times next year, we are waiting for this. Now let's see how the price increases in the coming year. Some times you can make a lot of profit by investing. Again, there are times when you have to face a lot of losses to invest, so if we can analyze the time of investment well and invest, it can be very profitable for us. After investing, sometimes there will be profit and sometimes there will be loss. We have to accept these and move forward. Then we will be able to do something good, otherwise we will never be able to do anything good.
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This is a very big news for the crypto community. Seeing big countries having Bitcoin reserve is a big step up to the community, which will make the price of Bitcoin become immune to bear and long term deep or price correction as we will be facing a long term price increase severally next year.
Bitcoin has a limited total supply, now top world countries are taking the step of making Bitcoin as a strategic reserve plan, the possibility of Bitcoin price reaching the $800,000 per Bitcoin as predicted on the article will be attainable.
Crypto currency cold war will bring to view another side of world leaders competing to show who owns more Bitcoin Power. This is where country whales will come and shake the market for little holders to make good profit. This is the kind of war that is beneficial to all those in the battle ground ;D
When the world top countries adopt the Bitcoin usage, all other countries will give interest too. Bitcoin at that stage, could beat the price of Gold and will be more expensive than ever.
The price of Bitcoin is going to be so mind blowing by the end of 2025. This whole event will start up after the inauguration ceremony of President Donald Trump.
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I am actually looking for this news after a certain GOP senator forwarded the idea of Bitcoin Reserve. Now, we can never be sure of what can really happen under Trump but if this plan can push through we could really see Bitcoin easily reach the 1 million dollar price destiny fast. And with Russia coming in to start a Bitcoin Hot War (as opposed to the Cold War in the past) with USA, we can be in for a very MOON future. There is no question Trump is really leading the way pushing Bitcoin to the sky and to think that he has not started his White House stay yet.
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This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
What if Russia and China refused to copy United state? I'm bullish about this Bitcoin reserve and what to see Bitcoin becomes the next big thing in the world but if Russia and other countries are going to do the same, it wouldn't have been now instead they banned it completely including China and they have never look back.
The Bitcoin happened dying the current government and they have never change them, unless it's another regime like Donald Trump came to support Bitcoin, these current government will not follow what Trump is doing.
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Trump Confirms Bitcoin Reserve Plans—$15 Trillion Price Boom Predicted
Donald Trump has firmly embraced bitcoin and crypto this year as a leak reveals Russia could be about to start a bitcoin cold war.
The bitcoin price has rocketed past $100,000 per bitcoin on the back of Trump's November election, with the chief executive of a major Wall Street giant admitting bitcoin "FOMO."
Now, as an influential billionaire warns of a looming "debt crisis" that could collapse the U.S. dollar, Trump has confirmed he plans to establish a U.S. bitcoin strategic reserve.
https://www.forbes.com/sites/digital-assets/2024/12/14/trump-confirms-bitcoin-reserve-plans-15-trillion-price-boom-predicted/
This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
After Donald Trump announce his plan on having a bitcoin reserve, it brought a lot of joy and more optimism to the bitcoin community. Many holders are now more happier as they anticipate a more bullish market in this bull run and will not rush to sell their assets now. Donald Trump has really done well and it really mean well for the bitcoin community because this is amongst what has been anticipated for bitcoin and it’s gradually coming to reality.
About other countries like Russia and China, I don’t really see them wanting to follow in the footstep of Donald Trump because of the sour relationships they may have had in the past. And they won’t want to be looked down on as them following on his path when they can also create theirs. I am very bullish on bitcoin and I hope more countries follow suit as US is about to do.
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I don't think the U.S. dollar is going to collapse or any of that kind of stuff, however, it is good that the U.S. and other countries are interested in making a BTC reserve. BTC has a lot of potential and many governments are now seeing it, it is going to keep the price of BTC bullish for a long time.
When we talk about collapse we do not mean imminent, but rather trying to avoid it before it happens, and when measures or initiatives like this are taken it is because it could possibly happen. We must take into account the importance that the Chinese economy is acquiring throughout the world, and also, to a lesser extent, Russia's capacity, since as we have seen, the famous international sanctions have not had a great impact, unlike what many "experts" thought.
If the information is 100% correct and reliable (I repeat that Forbes has good sources) this measure would be a shield against other economies that could do a lot of damage to the US dollar.
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I don't think the U.S. dollar is going to collapse or any of that kind of stuff, however, it is good that the U.S. and other countries are interested in making a BTC reserve. BTC has a lot of potential and many governments are now seeing it, it is going to keep the price of BTC bullish for a long time.
When we talk about collapse we do not mean imminent, but rather trying to avoid it before it happens, and when measures or initiatives like this are taken it is because it could possibly happen. We must take into account the importance that the Chinese economy is acquiring throughout the world, and also, to a lesser extent, Russia's capacity, since as we have seen, the famous international sanctions have not had a great impact, unlike what many "experts" thought.
If the information is 100% correct and reliable (I repeat that Forbes has good sources) this measure would be a shield against other economies that could do a lot of damage to the US dollar.
well i think they can save the USD with this reserve. BTC just need to reach certain heights.
there have been many people talking about it in semi-mainstream channel which this could be a Brettonwoods 2.0. however USD may not remain as the main currency but BTC. which they are saying BTC transactions can be use to confirm payments of the digital fiat, its gonna kind of technical after this but they are saying the technology can be used.
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I don't think the U.S. dollar is going to collapse or any of that kind of stuff, however, it is good that the U.S. and other countries are interested in making a BTC reserve. BTC has a lot of potential and many governments are now seeing it, it is going to keep the price of BTC bullish for a long time.
When we talk about collapse we do not mean imminent, but rather trying to avoid it before it happens, and when measures or initiatives like this are taken it is because it could possibly happen. We must take into account the importance that the Chinese economy is acquiring throughout the world, and also, to a lesser extent, Russia's capacity, since as we have seen, the famous international sanctions have not had a great impact, unlike what many "experts" thought.
Russia do suffers from the embargo and sanctions, but I guess during that time they really prepared themselves in this long war. But now it seems the other way around as they might have depleted by now. Although we have heard Putin recently that they might invest on Bitcoin or have been investing already as no one can stop it, as he put it.
If the information is 100% correct and reliable (I repeat that Forbes has good sources) this measure would be a shield against other economies that could do a lot of damage to the US dollar.
It should be a reserve that will not be touch, just like gold. It could be long term hold for them unless it's really necessaries that the US economy will be in worst situation in the next 10 years which I doubt as the USD is still very strong and the main currency of the world.
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Trump Confirms Bitcoin Reserve Plans—$15 Trillion Price Boom Predicted
Donald Trump has firmly embraced bitcoin and crypto this year as a leak reveals Russia could be about to start a bitcoin cold war.
The bitcoin price has rocketed past $100,000 per bitcoin on the back of Trump's November election, with the chief executive of a major Wall Street giant admitting bitcoin "FOMO."
Now, as an influential billionaire warns of a looming "debt crisis" that could collapse the U.S. dollar, Trump has confirmed he plans to establish a U.S. bitcoin strategic reserve.
https://www.forbes.com/sites/digital-assets/2024/12/14/trump-confirms-bitcoin-reserve-plans-15-trillion-price-boom-predicted/
This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
Whatsoever decision Russia and USA are making and its in favor of bitcoin bullrun, increase adoption and its legality for use as a digital currency, then they can both go ahead, because they are coming in already now getting late, we want more countries into the active participations of this, the more we are hearing the goodnews from those we least expect something to come from the more wiser and stronger everything turns to become about bitcoin adoption.
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This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
When the news has been released that Russia is considering in using digital currencies and said some good things about Bitcoin, US also released their own statement saying this one. Well, it will be a battle of 2 superpowers yet again and who will be the one that benefits in this one? Us Bitcoin holders, or should I say those who have golden hands. :D
TBH, these kind of news makes me think twice whether I will sell ALL of my Bitcoin during the peak of this bull run or not. :D My initial strategy is to sell all, but I don't have any reason to keep some of my Bitcoins because we know that after the bull run comes bear market and I can just buy it there again.
Nevertheless, this plan by both superpower countries will create a supply squeeze causing the prices of Bitcoin to go down.
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Trump Confirms Bitcoin Reserve Plans—$15 Trillion Price Boom Predicted
Donald Trump has firmly embraced bitcoin and crypto this year as a leak reveals Russia could be about to start a bitcoin cold war.
The bitcoin price has rocketed past $100,000 per bitcoin on the back of Trump's November election, with the chief executive of a major Wall Street giant admitting bitcoin "FOMO."
Now, as an influential billionaire warns of a looming "debt crisis" that could collapse the U.S. dollar, Trump has confirmed he plans to establish a U.S. bitcoin strategic reserve.
https://www.forbes.com/sites/digital-assets/2024/12/14/trump-confirms-bitcoin-reserve-plans-15-trillion-price-boom-predicted/
This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
You called it urtra bullish, but i have decided to call it a MAGA Bullish if Donald Trump implement this plan as early as possible come 2025.
As it is still not implemented yet because inauguration is in few weeks to come, we are already Bullish, but could it be urtra bullish as you said, once Donald Trump speaks concerning Bitcoin reserve on his first week in office.
Above all, if he gets to implementing this plan, it will be MAGA (Make America Great Again) bullish for the crypto economy in my opinion.
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This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
Once these two powerful countries do this, other countries will follow their lead. its not a battle of companies to acquire a reserve of Bitcoin; its now a battle of the countries, and this could lead to Bitcoin reaching from one all-time high to another; it could lead Bitcoin to $1 million, something that McAfee dreamed would happen.
I think this is Trump's way of making America great again; he should have done that on his first term.
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Trump Confirms Bitcoin Reserve Plans—$15 Trillion Price Boom Predicted
Donald Trump has firmly embraced bitcoin and crypto this year as a leak reveals Russia could be about to start a bitcoin cold war.
The bitcoin price has rocketed past $100,000 per bitcoin on the back of Trump's November election, with the chief executive of a major Wall Street giant admitting bitcoin "FOMO."
Now, as an influential billionaire warns of a looming "debt crisis" that could collapse the U.S. dollar, Trump has confirmed he plans to establish a U.S. bitcoin strategic reserve.
https://www.forbes.com/sites/digital-assets/2024/12/14/trump-confirms-bitcoin-reserve-plans-15-trillion-price-boom-predicted/
This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
Actually, we know that bitcoin is very important for all crypto users in crypto currency would. But if we follow in crypto currency market, we can see that bitcoin is already achieve more popularity in this time. We also saw that Russia starting to reserve Bitcoin in this time. So American government to remain it will be a silent war for them. So I think that it will be the main reason for trump Bitcoin reserve. So I think that, if trump could reserve Bitcoin then it price could be increase in crypto currency market.
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This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
"Yes I think so" is enough for me haha he will surely going to set a reserve of BTC like Oil or etc. This is really bullish, and it can increase the price of BTC to new heights, some people are still thinking BTC can make upto $130k but personally, I think with this news including my previous doubtful prediction of BTC hitting $150k has not converted into a strong prediction.
Even $200k prediction can be called a strong one now. I hope things will go as expected. his win and all those developments even before his inauguration is a positive thing we must expect big but yeah managing risk should also be part of our plan.
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~snip~
Russia do suffers from the embargo and sanctions, but I guess during that time they really prepared themselves in this long war. But now it seems the other way around as they might have depleted by now. Although we have heard Putin recently that they might invest on Bitcoin or have been investing already as no one can stop it, as he put it.
In this case, the Russian government has probably done the same thing that the Chinese government did when it banned cryptocurrencies, even though Russia has not banned them. What I mean is that Russia probably already has reserves in Bitcoin, the important thing would be that they have not said it publicly, which is part of the strategy of being prepared for this scenario for some time. I suppose it is possible that other countries have also done it, but not making it public is a very important asset.
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Even $200k prediction can be called a strong one now. I hope things will go as expected. his win and all those developments even before his inauguration is a positive thing we must expect big but yeah managing risk should also be part of our plan.
Considering last ATH was 70k, and that bitcoin always have reached more than 3x the last ath, it is quite possible to reach 200k.
The price would be basically the double as now!
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This is really impressive, a president of a big and powerful country in the world has full support for Bitcoin.
This is no joke, there will be a big surge in transactions recorded on the Blockchain later, people will be scrambling to buy Bitcoin and invest it.
And I think this is big news for Bitcoin, very positive news.
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It's interesting to note that game theory is being closely observed
Who will come out on top: USA, Russia or China?
If one buys, the other two may be afraid of missing an opportunity and falling behind
Looking forward to the first 6 months of the Trump administration and the SEC in 2025 ;D ;D ;D
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Considering last ATH was 70k, and that bitcoin always have reached more than 3x the last ath, it is quite possible to reach 200k.
The price would be basically the double as now!
I was bullish on the 17th because Trump talked about it and there was this a pdf on which the policies were written, and it was too bullish until power spoke the reality that we can't have BTC as a reserve due to the federal policy being made that way. In order to acquire BTC as a reserve we have to change that policy.
I wish at that day I knew that information I would be out at 108k and would enter the market again in some alts today, although what I did was a bit bad but I sold at 95k to take some good profitable entries in alts. The risk is not that much so I think managing it was necessary I did not sold all so I still have something in BTC for the 200k hehe.
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This is really impressive, a president of a big and powerful country in the world has full support for Bitcoin.
This is no joke, there will be a big surge in transactions recorded on the Blockchain later, people will be scrambling to buy Bitcoin and invest it.
And I think this is big news for Bitcoin, very positive news.
This makes us more confident and positive thinking that Bitcoin can reach $150k in this bullish season. Wow, incredible if this can really happen and can be achieved by Bitcoin, the milestone price of $150, is it possible that it will really happen as he said, and is it possible that it will be blocked by certain interests by several parties? Hopefully not, we are always waiting for that number and we're really watching for this to really happen.
No more panic selling before the day coming.
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This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
If he confirmed the reserves then why did people panic when Jerome said our government cannot invest in BTC to acquire them as national reserves? People always panic even if he has confirmed then he will find a way to solve this problem too he must have known this rule too but still Jerome made the statement.
It was manipulation in my opinion and investors took benefit of it and exchanges made money from liquidations. It was all business after all. This is good news for everyone that when trump will say he will change the policy for us to add BTC into reserve it will pump to make new ATH.
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It's interesting to note that game theory is being closely observed
Who will come out on top: USA, Russia or China?
If one buys, the other two may be afraid of missing an opportunity and falling behind
Looking forward to the first 6 months of the Trump administration and the SEC in 2025 ;D ;D ;D
Well, i do not know much about game theory, all I can say is that we are going to see Bitcoin making big headlines come 2025. As expected, if Donald Trump implement his Bitcoin strategic reserve plans, i think the US is going be the top country in the world to utilize the most potentials of Bitcoin over China, Russia and others
Let watch out how 2025 will play out, but one thing is certain, Bitcoin is determined to break more records in 2025 in my opinion.
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This is really impressive, a president of a big and powerful country in the world has full support for Bitcoin.
This is no joke, there will be a big surge in transactions recorded on the Blockchain later, people will be scrambling to buy Bitcoin and invest it.
And I think this is big news for Bitcoin, very positive news.
This makes us more confident and positive thinking that Bitcoin can reach $150k in this bullish season. Wow, incredible if this can really happen and can be achieved by Bitcoin, the milestone price of $150, is it possible that it will really happen as he said, and is it possible that it will be blocked by certain interests by several parties? Hopefully not, we are always waiting for that number and we're really watching for this to really happen.
No more panic selling before the day coming.
- I think I saw some news where it was said that it was against their constitution or not in accordance with their constitution for the US country or the Trump Administration to buy a huge amount of bitcoin. I'm just not sure if what I saw was correct.
So, the plan to make Bitcoin a reserve seems to be still being debated or widely discussed by the relevant officials of the US government. Then it also seems like it is against their law to allocate a budget for the purchase of Bitcoin because of these volatile assets.
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This is really impressive, a president of a big and powerful country in the world has full support for Bitcoin.
This is no joke, there will be a big surge in transactions recorded on the Blockchain later, people will be scrambling to buy Bitcoin and invest it.
And I think this is big news for Bitcoin, very positive news.
This makes us more confident and positive thinking that Bitcoin can reach $150k in this bullish season. Wow, incredible if this can really happen and can be achieved by Bitcoin, the milestone price of $150, is it possible that it will really happen as he said, and is it possible that it will be blocked by certain interests by several parties? Hopefully not, we are always waiting for that number and we're really watching for this to really happen.
No more panic selling before the day coming.
There have always been pros and cons of Bitcoin, some support it and some reject it.
However, with the full support of the US president, of course, more countries, individuals or companies will later support it.
And the price of Bitcoin up to $150k is not impossible, especially if big countries also buy and buy up Bitcoin for investment.
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And the price of Bitcoin up to $150k is not impossible, especially if big countries also buy and buy up Bitcoin for investment.
I don't remember if it was on this forum or not, but a few days ago I commented on the possible price of Bitcoin if the United States really adopts it as a store of value and needs to buy BTC
My opinion is that it will generate a strong rally if the country announces beforehand that it will make purchases. I think a lot of new users will get into Bitcoin because a government purchase could generate a lot of confidence and support for the price of BTC
If they announce, I think it's likely to reach 150k
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And the price of Bitcoin up to $150k is not impossible, especially if big countries also buy and buy up Bitcoin for investment.
I don't remember if it was on this forum or not, but a few days ago I commented on the possible price of Bitcoin if the United States really adopts it as a store of value and needs to buy BTC
My opinion is that it will generate a strong rally if the country announces beforehand that it will make purchases. I think a lot of new users will get into Bitcoin because a government purchase could generate a lot of confidence and support for the price of BTC
If they announce, I think it's likely to reach 150k
$150K is nothing, I expect the price to rise around 500K because it's not only US or Russia, it will kick the whole world governments to buy Bitcoin as their part of reserves because it's essential for international trades. So now imagine government starts involving along with many more billionaires who are not even pro Bitcoin will be forced to buy it as well.
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if this continues for a month or two without any negative news, this means that we will see a big pumping and then the start of the big correction, where many will think that we will see $200,000 and even $1 million.
In general, it cannot be confirmed, what Trump said is:
If Donald Trump makes such a decision and declares it public, the price of Bitcoin will surely cross $200k very quickly and may cross $1M in the next halving. Since Donald Trump will be in power until the next halving, he may cook Bitcoin differently. We don't know what is going to happen with Bitcoin but what happens is expected to be very interesting
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This is really impressive, a president of a big and powerful country in the world has full support for Bitcoin.
This is no joke, there will be a big surge in transactions recorded on the Blockchain later, people will be scrambling to buy Bitcoin and invest it.
And I think this is big news for Bitcoin, very positive news.
This makes us more confident and positive thinking that Bitcoin can reach $150k in this bullish season. Wow, incredible if this can really happen and can be achieved by Bitcoin, the milestone price of $150, is it possible that it will really happen as he said, and is it possible that it will be blocked by certain interests by several parties? Hopefully not, we are always waiting for that number and we're really watching for this to really happen.
No more panic selling before the day coming.
- I think I saw some news where it was said that it was against their constitution or not in accordance with their constitution for the US country or the Trump Administration to buy a huge amount of bitcoin. I'm just not sure if what I saw was correct.
So, the plan to make Bitcoin a reserve seems to be still being debated or widely discussed by the relevant officials of the US government. Then it also seems like it is against their law to allocate a budget for the purchase of Bitcoin because of these volatile assets.
There have always been pros and cons of Bitcoin, some support it and some reject it.
If this is related to the country's decision under Trump's leadership, it will certainly raise pros and cons, and it cannot be avoided. Therefore, we are also curious about what Trump will do to convince and to handle the various pros and cons. and whether it will really happen or not, at least we take advantage of the moment of good news to be used as one of the triggers for the market to really peak during the bullish era later. but yes, there is no news that will last forever, there must be an ending and it will be replaced with FUD, whatever it is, maybe it is also related to regulations or other news in certain countries that trigger news coming in the next season. so, whatever happens, we are ready to go through it. and we just take advantage of various important moments to make us more successful in taking advantage.
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$150K is nothing, I expect the price to rise around 500K because it's not only US or Russia, it will kick the whole world governments to buy Bitcoin as their part of reserves because it's essential for international trades. So now imagine government starts involving along with many more billionaires who are not even pro Bitcoin will be forced to buy it as well.
Maybe you're right, but I like to think and plan carefully, even if it is crypto hehehe
150k I see as an achievable price
500k or even 1 million could also be, but there would have to be an absurd demand for BTC in a short period of time to generate this buying frenzy
To reach 150k, you need another 1 trillion dollars invested in BTC :o :o :o
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$150K is nothing, I expect the price to rise around 500K because it's not only US or Russia, it will kick the whole world governments to buy Bitcoin as their part of reserves because it's essential for international trades. So now imagine government starts involving along with many more billionaires who are not even pro Bitcoin will be forced to buy it as well.
Maybe you're right, but I like to think and plan carefully, even if it is crypto hehehe
150k I see as an achievable price
500k or even 1 million could also be, but there would have to be an absurd demand for BTC in a short period of time to generate this buying frenzy
To reach 150k, you need another 1 trillion dollars invested in BTC :o :o :o
I think $150k is big milestone for Bitcoin, as you may know, there are too much ups/downs on the market, it can also dump unexpectedly and remain on corrections modes for a long time.
As Bitcoin has achieved $108k All Time High, the most expected All Time High break is $150k level, but it goes gradually with too many side ways movements. I am hoping that Bitcoin will first cross the $150k resistance level before any further uptrend movement by 2025 especially if Donald Trump achieve the US Bitcoin strategic reserves plans.
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IMO if Trump starts the BTC reserve it will take a while before they start buing en masse. They simply cannot buy 1m at once for many reasons and they said that it will take year and a half at best, given that the price will definitely move up, but it will not be like a big explosion.
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Trump Confirms Bitcoin Reserve Plans—$15 Trillion Price Boom Predicted
Donald Trump has firmly embraced bitcoin and crypto this year as a leak reveals Russia could be about to start a bitcoin cold war.
The bitcoin price has rocketed past $100,000 per bitcoin on the back of Trump's November election, with the chief executive of a major Wall Street giant admitting bitcoin "FOMO."
Now, as an influential billionaire warns of a looming "debt crisis" that could collapse the U.S. dollar, Trump has confirmed he plans to establish a U.S. bitcoin strategic reserve.
https://www.forbes.com/sites/digital-assets/2024/12/14/trump-confirms-bitcoin-reserve-plans-15-trillion-price-boom-predicted/
This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
Truly this is another great signs for huge increase, because USA and Russia are also world power and if they finally join the game then forget about seeing bitcoin back 150k again because as I know Russia and USA also has much more population, and when they decides to venture into something they does it with their hearts and technicalities.
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I don't remember if it was on this forum or not, but a few days ago I commented on the possible price of Bitcoin if the United States really adopts it as a store of value and needs to buy BTC
My opinion is that it will generate a strong rally if the country announces beforehand that it will make purchases. I think a lot of new users will get into Bitcoin because a government purchase could generate a lot of confidence and support for the price of BTC
If they announce, I think it's likely to reach 150k
these things make sense and certainly have a very high impact. Just imagine, Trump's victory as president has had a very significant impact on the increase in Bitcoin prices at that time, beyond our expectations for the achievement in 2024. Moreover, if coupled with the conditions after Trump's inauguration where he also made several pro-crypto statements.'\
Well, this condition becomes even more interesting if indeed under his leadership and then, the US really makes Bitcoin a store of value and this opens up opportunities for more other large countries to follow. and of course, this will have a very good and significant effect, because many parties become more confident and interested in Bitcoin, because of the consideration of a country as big as the US doing it. This effect will certainly be much higher than when El Salvador announced Bitcoin as legal tender.
That's why the result for the market will be much bigger and rise more significantly, as what we expect, to reach $150k is no longer a dream.
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IMO if Trump starts the BTC reserve it will take a while before they start buing en masse. They simply cannot buy 1m at once for many reasons and they said that it will take year and a half at best, given that the price will definitely move up, but it will not be like a big explosion.
Yeah, despite the fact that many people think that bitcoin price may explode if Bitcoin reserve is implemented, i believe that that prices will move gradually in 2025. I am sure Bitcoin will move slowly but steadily based on capital inflow from retail investors, institutions and countries that may adopt the Bitcoin strategic reserve idea.
Generally, i think that 2025 is expected to experience big progress and i am hoping that we may have a good trading/investments returns.
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One thing to think about is that a US reserve can be made with BTC that has been confiscated by the courts
It would be much easier to convince American politicians this way, since they wouldn't need to spend from the public money
It's interesting to see now that the DOJ has obtained authorization to sell more than 6 billion dollars in BTC
News here: https://icoholder.com/pt/news/doj-bitcoin-sell-off-shakes-crypto-market-amid-controversy
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One thing to think about is that a US reserve can be made with BTC that has been confiscated by the courts
It would be much easier to convince American politicians this way, since they wouldn't need to spend from the public money
It's interesting to see now that the DOJ has obtained authorization to sell more than 6 billion dollars in BTC
News here: https://icoholder.com/pt/news/doj-bitcoin-sell-off-shakes-crypto-market-amid-controversy
Having bad rumor with Bitcoin confiscated by US government will sell and recently they have confiscated many bitcoin during last several years ago. I think its reason why bitcoin dropping significant drastically and have take longer time again get recovery to higher price, looks controversial did by Joe Bidden few days left before leaving his position as US president for selling bitcoin confiscated.
Not waiting awhile around ten days later Donald trump appointing as new US president and he have good viewed about bitcoin as his promise at campaign election.
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It's interesting to see now that the DOJ has obtained authorization to sell more than 6 billion dollars in BTC
News here: https://icoholder.com/pt/news/doj-bitcoin-sell-off-shakes-crypto-market-amid-controversy
The DOJ had that for years, it is just a case about the true owners of those coins that has been dismissed.
The case has been settled since Ross denounced his claim of those coins that were stolen from SilkRoad to settle his debt:
https://www.coindesk.com/policy/2022/04/22/seized-silk-road-bitcoin-to-clear-ross-ulbrichts-183-million-debt
There will never be a case in the US where a debt settlement from a criminal case will be purchased by the same institution that was mandated to sell it according to the actual owner and both the seller and the buyer would be the same entity, this would spiral out of control.
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This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
Actually news of countries like USA and Russia that have a high buying power trying to purchase Bitcoin would create a huge stir in the market causing buy pressures to increase and as a result making us to go overall bullish in the market. If you can recall too the last strong bullish move we had was a result of news too where traders to also assisted in making price pump overall.
I think the government hasn't been blind ever since towards the positive impact of Bitcoin in overcoming inflation however for a long time the seem to have not taken it that seriously for reasons I am not very sure of.
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Trump Confirms Bitcoin Reserve Plans—$15 Trillion Price Boom Predicted
Donald Trump has firmly embraced bitcoin and crypto this year as a leak reveals Russia could be about to start a bitcoin cold war.
The bitcoin price has rocketed past $100,000 per bitcoin on the back of Trump's November election, with the chief executive of a major Wall Street giant admitting bitcoin "FOMO."
Now, as an influential billionaire warns of a looming "debt crisis" that could collapse the U.S. dollar, Trump has confirmed he plans to establish a U.S. bitcoin strategic reserve.
https://www.forbes.com/sites/digital-assets/2024/12/14/trump-confirms-bitcoin-reserve-plans-15-trillion-price-boom-predicted/
This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
- I will only believe that it will be confirmed when they do it, that is possible if it is confirmed that what Trump said is true that he is really fulfilling what he is saying, let's say that seeing is believing, but it is better that this is the case and at least there is evidence, right? We all want that to happen.
But until that happens, a lot can still change, you know the news, not everything they put in their news is 100% true. Though that is positive news, so in this article it may have an immediate impact on the bitcoin market price for sure, but after the inauguration here we will know if the rally will continue or will there be another rejection in the price of bitcoin? so I think if their bitcoin reserve plan was not mentioned in the inauguration that means there is a high chance that the price of bitcoin will dump massively again. This is just my opinion and opinion.
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The DOJ had that for years, it is just a case about the true owners of those coins that has been dismissed.
The case has been settled since Ross denounced his claim of those coins that were stolen from SilkRoad to settle his debt:
https://www.coindesk.com/policy/2022/04/22/seized-silk-road-bitcoin-to-clear-ross-ulbrichts-183-million-debt
There will never be a case in the US where a debt settlement from a criminal case will be purchased by the same institution that was mandated to sell it according to the actual owner and both the seller and the buyer would be the same entity, this would spiral out of control.
If the United States really does announce a Bitcoin reserve, wouldn't it be more logical and easier for the country to just transfer the confiscated Bitcoins to its reserve?
Why sell and then buy again?
It would probably be much easier to convince politicians if you didn't have to buy them
Can the Biden administration, which is still active, rush to sell these BTC before Trump's inauguration on the 20th?
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This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
Actually news of countries like USA and Russia that have a high buying power trying to purchase Bitcoin would create a huge stir in the market causing buy pressures to increase and as a result making us to go overall bullish in the market. If you can recall too the last strong bullish move we had was a result of news too where traders to also assisted in making price pump overall.
I think the government hasn't been blind ever since towards the positive impact of Bitcoin in overcoming inflation however for a long time the seem to have not taken it that seriously for reasons I am not very sure of.
The sentiment would be kept the same way going into 2025 - though the news about dips because of the US dumping the coins they've got from the Silk Road is a bit concerning.
Honestly - I still feel it's going to be alright in the long run.
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The sentiment would be kept the same way going into 2025 - though the news about dips because of the US dumping the coins they've got from the Silk Road is a bit concerning.
Honestly - I still feel it's going to be alright in the long run.
Actually sentiments or no sentiments the market will fluctuate based on their actions and its actually something you can pretty much speculate easily thats because markets are moved by liquidity and also FOMO . Just like I explained earlier, if they eventually buy a ton of coins FOMO will hit the market hard depending on how much they buy.
It's not rocket science it's something we've experienced in the network several times. Recall the pump that happened when micro strategy bought some bitcoins?
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If the United States really does announce a Bitcoin reserve, wouldn't it be more logical and easier for the country to just transfer the confiscated Bitcoins to its reserve?
Why sell and then buy again?
Because it would be ruled a conflict of interest in which the state has three parts in the same lawsuit.
Ross has agreed to forfeit these coins to the USMC, he needs to have the coins sold to take care of part of his deal, if the US Treasury, which by the way isn't allowed to buy anything from the markets would buy something the DoJ agreed from the USMC in the name of a convict Ross can start a lawsuit against them, it's a breach of that deal for the same party, in this case, the US state of being both the prosecutor, the victim, the collector, and the buyer.
Any lawyer would have the day of his life landing this case.
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Actually sentiments or no sentiments the market will fluctuate based on their actions and its actually something you can pretty much speculate easily thats because markets are moved by liquidity and also FOMO . Just like I explained earlier, if they eventually buy a ton of coins FOMO will hit the market hard depending on how much they buy.
It's not rocket science it's something we've experienced in the network several times. Recall the pump that happened when micro strategy bought some bitcoins?
It becomes a greater FOMO and this is a manipulation that continues to be carried out to influence the market price.
Some time ago maybe the bad sentiment was indeed stronger and finally dumped and now a lot of positive sentiment has emerged so that many speculations are circulating that Bitcoin will reach a new ATH even higher.
This speculation continues and will result in a greater FOMO, so retail investors will buy more and market prices will be higher.
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It becomes a greater FOMO and this is a manipulation that continues to be carried out to influence the market price.
Some time ago maybe the bad sentiment was indeed stronger and finally dumped and now a lot of positive sentiment has emerged so that many speculations are circulating that Bitcoin will reach a new ATH even higher.
This speculation continues and will result in a greater FOMO, so retail investors will buy more and market prices will be higher.
Exactly the stronger the intensity of the FOMO shock created, the more the pump will last and the faster it will be. In the end you eventually come to notice that sometimes it's not necessarily because the us is going to buy a huge ton of Bitcoin that price ends up pumping rather it's because of the FOMO that is created as a result of the news of them buying a huge amount of Bitcoin .
Masses moved by The FOMO concepts in the crypto space is much an as a result as they continue to buy price will continue to pump and traders will continue to place buy orders.
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This speculation continues and will result in a greater FOMO, so retail investors will buy more and market prices will be higher.
The source of Bitcoin FOMO since December 2024 is Trump, and his position as US president is what makes many people speculate about the future of Bitcoin.. Trump's move to involve Bitcoin in the US economy..
Big countries like Russia and the US are countries that have a lot of influence on the direction of the world economy, making Bitcoin like a savior for the country's economy, that means making it like an ace that can be used to save the situation... of course the pride of Bitcoin ownership will increase a little here... and that could be the trigger for many bullish moments in the future.
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- Many are really expecting a huge rise in terms of bitcoin's value as Trump's inauguration approaches as the full president of the US, though as it approaches and I won't deny that I'm also gambling until inauguration day.
It's only a few days away and I'm just waiting for a sign whether I should sell or not, I'm only waiting for a sign from these two for now.
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- Many are really expecting a huge rise in terms of bitcoin's value as Trump's inauguration approaches as the full president of the US, though as it approaches and I won't deny that I'm also gambling until inauguration day.
It's only a few days away and I'm just waiting for a sign whether I should sell or not, I'm only waiting for a sign from these two for now.
I am also waiting to see what happens after trump is inaugurated because we will likely see a rise in the price of bitcoin. And hopefully there will be good policies that support bitcoin after trump becomes president. Even though trump is a politician, I am sure he supports bitcoin and crypto.
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I just saw this thread and read the article. Well, I hope this happens, it could be very positive to any of us lol. It could be the longest bull run season of Bitcoin in history and reaching new ATH after another ATH.
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-snip-
Masses moved by The FOMO concepts in the crypto space is much an as a result as they continue to buy price will continue to pump and traders will continue to place buy orders.
Yes and it happened that the price of Bitcoin again broke through the price of $100k, this made FOMO even stronger, especially waiting for the day when Trump will be inaugurated soon. Fundamentally, the market is very good and graphically, the price movement of Bitcoin is very bullish.
The source of Bitcoin FOMO since December 2024 is Trump, and his position as US president is what makes many people speculate about the future of Bitcoin.. Trump's move to involve Bitcoin in the US economy..
-snip-
Yes, that's the main trend right now, so the market seems to be getting greener ahead of Trump's inauguration day. This will be a big moment for Crypto if Trump is able to make the crypto market better and very bullish.
We will see it on January 20.
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Yes and it happened that the price of Bitcoin again broke through the price of $100k, this made FOMO even stronger, especially waiting for the day when Trump will be inaugurated soon. Fundamentally, the market is very good and graphically, the price movement of Bitcoin is very bullish.
Yes the the breakout above the 100k resistance mark is something that has been long anticipated. The fact is based on the concept of bitcoin being volatile , the effect of news on its price movement is very high both directly (via the news itself) and indirectly (via the FOMO created by the news).
Fact is based on the estimated intensity of this tagged 2nd Trump effect, it's ok to conclude that the movement is just starting with way more ahead. There is a high chance and multiple speculations online with the idea that this movement may be to 150k.
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-snip-
Fact is based on the estimated intensity of this tagged 2nd Trump effect, it's ok to conclude that the movement is just starting with way more ahead. There is a high chance and multiple speculations online with the idea that this movement may be to 150k.
The Trump-2 effect is highly expected to make the price of Bitcoin soar in the $150k price area and of course it will be ATH that makes Bitcoin make new history.
Tomorrow, January 20th, will be a pretty important day for America and also how Bitcoin will be affected and then it will certainly be a good trend for Bitcoin next.
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Tomorrow, January 20th, will be a pretty important day for America and also how Bitcoin will be affected and then it will certainly be a good trend for Bitcoin next.
Tomorrow? Man, it just turned midnight. Where are you?
Maybe it's better if we all get some sleep (Kamala's words not mine), because there will be quite a number of broken promises come January 20. This is not me being bearish. This is just how Trump is [surprise!]. Famous last words 8)
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~snip~
Maybe it's better if we all get some sleep (Kamala's words not mine), because there will be quite a number of broken promises come January 20. This is not me being bearish. This is just how Trump is [surprise!]. Famous last words 8)
Many people believe that with Trump cryptocurrencies will be “truly free” without stopping to think about the possible consequences that everything Trump promised could only bring problems to the industry. All services that are related to cryptocurrencies could have problems, especially those that are not based in the United States, the new cryptocurrency capital of the world, as they have said on several occasions.
But it seems that most people don't care about that, and some prefer to try to capitalize on the new meme launched by Trump rather than look beyond it. They entertain people with breadcrumbs while they prepare measures that not everyone will like. It's a matter of time.
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Trump order is expected to prioritize crypto and guide us government agencies to work with the industry. What this is signaling to other countries is to be careful or you won't make it. Moreover, in an opinion editorial in marketwatch experts said that the federal government could be spending trillions of dollars to buy bitcoins at inflated prices. As demand for bitcoin increases then the price of the token rises but the government is expected to continue buying at higher prices to build up reserves. So if the altcoins market follows the steady growth of bitcoin then 2025 is going to be the best year for all.
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Trump order is expected to prioritize crypto and guide us government agencies to work with the industry. What this is signaling to other countries is to be careful or you won't make it. Moreover, in an opinion editorial in marketwatch experts said that the federal government could be spending trillions of dollars to buy bitcoins at inflated prices. As demand for bitcoin increases then the price of the token rises but the government is expected to continue buying at higher prices to build up reserves. So if the altcoins market follows the steady growth of bitcoin then 2025 is going to be the best year for all.
On other hand, countries can decide whether to go with him or not in terms of Bitcoin reserves. And if I'm a President, I will go with it, nothing to lose and it make sense if they will just study hard and see what is the benefit of Bitcoin.
So let's see, lots of pro crypto or at least the person that he will put on some important positions has a lot of experience in crypto or digital base job or related project. And that will move forward Bitcoin and crypto in the right direction.
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... And if I'm a President, I will go with it, nothing to lose and it make sense if they will just study hard and see what is the benefit of Bitcoin.
No, it's not that it's "nothing to lose", its too risky actually, it needs courage and so many aspect to consider, the timing, amount, when to sell, so many actually knowing bitcoin can dump 20k in just a few days to a week, and it can go pump too in just 2-3 days. So you need to consider it like a roller coaster.
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The bitcoin cold war sounds interesting ;D So other than who has more Gold (and other precious metals) reserves, we'll see a 'contest' on who gets more BTC. They already have a head start with the seized bitcoins but China, according to some article, have a sizable holding as well. Maybe we'll also see more news on Russia going after unregistered exchanges soon.
When i see news like this I regret not having bought more bitcoin
Those big players making a bitcoin cold war. I will just hold to my bitcoin
Forbes sources look reliable, they wouldn't spreed misinformation
regret will never be in front, by looking at the current situation we can only see and live the remaining days, if we are still able we can enter and become a part if not let's look for which coins are still possible and have the potential to become an alternative reserve fund later,
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On other hand, countries can decide whether to go with him or not in terms of Bitcoin reserves. And if I'm a President, I will go with it, nothing to lose and it make sense if they will just study hard and see what is the benefit of Bitcoin.
Agreed, since wealth is independent of everyone people can invest their wealth anywhere they want. Whenever you keep money in bank there will be less profit and there is money risk too. Again if one invests in crypto then there is also risk but in that case the amount of profit in crypto will be more. If i were the government of the country i would declare crypto legal but subject to certain rules. I think a lot of people will find a direct source of money in a country where crypto is legalized.
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Fact is based on the estimated intensity of this tagged 2nd Trump effect, it's ok to conclude that the movement is just starting with way more ahead. There is a high chance and multiple speculations online with the idea that this movement may be to 150k.
I also think that this time the next target level would be $150k because we already hit $100k+ on the first wave though we are not sure when will it hit that range but we'll wait until the fourth quarter this year because this is gonna be a very profitable year for those who have the capital and hopefully we can ride on this trip to the moon.
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On other hand, countries can decide whether to go with him or not in terms of Bitcoin reserves. And if I'm a President, I will go with it, nothing to lose and it make sense if they will just study hard and see what is the benefit of Bitcoin.
So let's see, lots of pro crypto or at least the person that he will put on some important positions has a lot of experience in crypto or digital base job or related project. And that will move forward Bitcoin and crypto in the right direction.
It is clear that each country can do what it wants regarding having Bitcoin reserves or not, but for example in Europe it is not easy, since the European community would have something to say if any of the member countries wanted to have that type of reserves. That is a mistake, Trump could lose a lot in this case, we must keep in mind that he could make many enemies if his plans with Bitcoin do not go as he wants, although we won't know until he starts doing everything he promised.
What is a crypto pro?. Some kind of expert?.
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I also think that this time the next target level would be $150k because we already hit $100k+ on the first wave though we are not sure when will it hit that range but we'll wait until the fourth quarter this year because this is gonna be a very profitable year for those who have the capital and hopefully we can ride on this trip to the moon.
Although it is crossing $100k, it is no guarantee for $150k. Especially in this cycle, we even don't know if Bitcoin may have the chance to increase above $120k. I only think that Bitcoin may reach $110k in the near future. But it still doesn't happen, I don't know the reason that Bitcoin looks difficult to increase high again in a short time. Maybe it is because there is still no big news of the Bitcoin development or its adoption around the world.
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Trump has not signed any orders on day one of any kind for btc.
he did drop a coin and pump it and dump it.
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Trump has not signed any orders on day one of any kind for btc.
he did drop a coin and pump it and dump it.
Exact. The first thing Trump has done is fill his pockets (more) by taking advantage of his status as president, something that no one will say anything to the president about, since he has the power to do almost everything. Now is when we can start to see if Trump follows through on everything he said about Bitcoin, or if there are last-minute "additions" to his statements before he became president.
Meanwhile, he continues to earn millions thanks to cryptocurrencies that are worth nothing.
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Trump has not signed any orders on day one of any kind for btc.
he did drop a coin and pump it and dump it.
Just wait for the other politicians to do the same.
And we need to wait for more to see action regarding BTC..
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Just wait for the other politicians to do the same.
And we need to wait for more to see action regarding BTC..
Should we wait longer for Bitcoin to get where it is supposed to thanks to the help of Trump and his policies?. I ask, because for Trump's token and later for his wife Melania's token, it took less than 24 hours to pump its price and less than 12 hours to dump it. It seems that the first thing related to cryptocurrencies that Trump has done has been to earn more millions for his personal fortune.
At least Trump pardoned Ross Ulbritch a few hours ago. Let's hope this is the beginning of many things he promised and that he finally delivers as he told his voters.
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Just wait for the other politicians to do the same.
And we need to wait for more to see action regarding BTC..
I believe that because he's officially elected, he and no other politician can throw in any coins anymore
The timing was right because he was not yet officially the president-elect before Jan 20th
It seems that there are rules about this in the United States (and probably in other countries)
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Just wait for the other politicians to do the same.
And we need to wait for more to see action regarding BTC..
Should we wait longer for Bitcoin to get where it is supposed to thanks to the help of Trump and his policies?. I ask, because for Trump's token and later for his wife Melania's token, it took less than 24 hours to pump its price and less than 12 hours to dump it. It seems that the first thing related to cryptocurrencies that Trump has done has been to earn more millions for his personal fortune.
At least Trump pardoned Ross Ulbritch a few hours ago. Let's hope this is the beginning of many things he promised and that he finally delivers as he told his voters.
- Speaking of Trump coin, its price has dropped quite a bit in the market, and now regarding Melania, I would probably choose it over the Trump coin, because I think the hype and trend for Trump has decreased compared to Melania, which seems to be just the beginning of its hype and trend.
Some may agree with me here and others may not, However, if my goal and intention is to make money, I would actually choose Melania in the short-period of time.
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Trump has not signed any orders on day one of any kind for btc.
He is more cautious to talk about crypto nowadays. He may be aware that he is US president now. So we don't expect that Trump will be very aggressive to support Bitcoin and crypto now. It is clear that he takes advantage of crypto enthusiasts. After he becomes US president, I'm not sure that he will remember all his promises on crypto industry.
he did drop a coin and pump it and dump it.
Yep, he is a businessman. He knows how to take advantage on crypto industry. He won't fully push crypto to be pumped because it won't be the best way to gain maximum profits.
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Trump Confirms Bitcoin Reserve Plans—$15 Trillion Price Boom Predicted
Donald Trump has firmly embraced bitcoin and crypto this year as a leak reveals Russia could be about to start a bitcoin cold war.
The bitcoin price has rocketed past $100,000 per bitcoin on the back of Trump's November election, with the chief executive of a major Wall Street giant admitting bitcoin "FOMO."
Now, as an influential billionaire warns of a looming "debt crisis" that could collapse the U.S. dollar, Trump has confirmed he plans to establish a U.S. bitcoin strategic reserve.
https://www.forbes.com/sites/digital-assets/2024/12/14/trump-confirms-bitcoin-reserve-plans-15-trillion-price-boom-predicted/
This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
Except it still is not true. I corrected the title as I find it to be annoying,
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Except it still is not true. I corrected the title as I find it to be annoying,
He has plans to make bitcoin reserves... He is in the office for 3 days... omg lol
Did you expect Trump to make the bitcoin reserves in the first day in the office? he will be there for 4 years, there is still a lot of time..
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Except it still is not true. I corrected the title as I find it to be annoying,
He has plans to make bitcoin reserves... He is in the office for 3 days... omg lol
Did you expect Trump to make the bitcoin reserves in the first day in the office? he will be there for 4 years, there is still a lot of time..
Yep.
Crypto is not the top priority for him, obviously.
More time is needed.
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Except it still is not true. I corrected the title as I find it to be annoying,
He has plans to make bitcoin reserves... He is in the office for 3 days... omg lol
Did you expect Trump to make the bitcoin reserves in the first day in the office? he will be there for 4 years, there is still a lot of time..
The title was he confirm bsr.
The correct title would have
Have been Trump's talks about bsr .
Since the op claimed he confirmed it , the correction I wrote is only proper.
Now today he will speak i think I will watch it and see what he said today.
I only prefer accurate talk about bar or any Sr coming up.
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Except it still is not true. I corrected the title as I find it to be annoying,
He has plans to make bitcoin reserves... He is in the office for 3 days... omg lol
Did you expect Trump to make the bitcoin reserves in the first day in the office? he will be there for 4 years, there is still a lot of time..
The title was he confirm bsr.
The correct title would have
Have been Trump's talks about bsr .
Since the op claimed he confirmed it , the correction I wrote is only proper.
Now today he will speak i think I will watch it and see what he said today.
I only prefer accurate talk about bar or any Sr coming up.
Trump signs an executive order to confirm bitcoin reserves, just as the title suggests and as promised!
https://cryptobriefing.com/trump-executive-order-strategic-bitcoin-reserve/
Trump signs executive order on crypto, moving closer to a strategic Bitcoin reserve
Key Takeaways
Trump issued an executive order establishing a Presidential Working Group on Digital Asset Markets, further moving closer to a strategic Bitcoin reserve.
Speculation grows on a strategic Bitcoin reserve as Cynthia Lummis leads efforts in bipartisan digital asset legislation.
Less than a week in office:
Cease fire in gaza.
Bitcoin reserves very close to reality, probably USA will buy some bitcoin in a few days.
Ross Ulrich released.
Tornado Cash sanctions reverted.
Impressive!
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Except it still is not true. I corrected the title as I find it to be annoying,
He has plans to make bitcoin reserves... He is in the office for 3 days... omg lol
Did you expect Trump to make the bitcoin reserves in the first day in the office? he will be there for 4 years, there is still a lot of time..
The title was he confirm bsr.
The correct title would have
Have been Trump's talks about bsr .
Since the op claimed he confirmed it , the correction I wrote is only proper.
Now today he will speak i think I will watch it and see what he said today.
I only prefer accurate talk about bar or any Sr coming up.
Trump signs an executive order to confirm bitcoin reserves, just as the title suggests and as promised!
https://cryptobriefing.com/trump-executive-order-strategic-bitcoin-reserve/
Trump signs executive order on crypto, moving closer to a strategic Bitcoin reserve
Key Takeaways
Trump issued an executive order establishing a Presidential Working Group on Digital Asset Markets, further moving closer to a strategic Bitcoin reserve.
Speculation grows on a strategic Bitcoin reserve as Cynthia Lummis leads efforts in bipartisan digital asset legislation.
Less than a week in office:
Cease fire in gaza.
Bitcoin reserves very close to reality, probably USA will buy some bitcoin in a few days.
Ross Ulrich released.
Tornado Cash sanctions reverted.
Impressive!
yeah he did sign for crypto reserves not btc reserves so I fully corrected title
and frankly I prefer he said crypto reserves as it does not lock in to just btc.
he also signed against usa CBDC this is huge. big or should I say bigly
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Trump Confirms Bitcoin Reserve Plans—$15 Trillion Price Boom Predicted
Donald Trump has firmly embraced bitcoin and crypto this year as a leak reveals Russia could be about to start a bitcoin cold war.
The bitcoin price has rocketed past $100,000 per bitcoin on the back of Trump's November election, with the chief executive of a major Wall Street giant admitting bitcoin "FOMO."
Now, as an influential billionaire warns of a looming "debt crisis" that could collapse the U.S. dollar, Trump has confirmed he plans to establish a U.S. bitcoin strategic reserve.
https://www.forbes.com/sites/digital-assets/2024/12/14/trump-confirms-bitcoin-reserve-plans-15-trillion-price-boom-predicted/
This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
BREAKING NEWS
https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology/
Within 180 days, a commission, chaired by
- Heads of the American regulatory authorities sec and CFT
- The American treasure
- Heads of the National Security Services of the Presidential Office
They will have to propose a general regulation plan for crypt and stablecoins and okay but among the purposes we have the creation of a national reserve in cryptocurrencies (while the abolished the Program of creating a CBDC)
drum roller
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Just wait for the other politicians to do the same.
And we need to wait for more to see action regarding BTC..
Should we wait longer for Bitcoin to get where it is supposed to thanks to the help of Trump and his policies?. I ask, because for Trump's token and later for his wife Melania's token, it took less than 24 hours to pump its price and less than 12 hours to dump it. It seems that the first thing related to cryptocurrencies that Trump has done has been to earn more millions for his personal fortune.
At least Trump pardoned Ross Ulbritch a few hours ago. Let's hope this is the beginning of many things he promised and that he finally delivers as he told his voters.
If it is true that they are seeking personal wealth, it is truly unfortunate that Dt's actions are taking place, this situation will only worsen the situation of crypto if they dump their coins after making a lot of profit,
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...
he also signed against usa CBDC this is huge. big or should I say bigly
This is probably the most important order for the general population
A CBDC falling into the wrong hands or corrupt politicians can do irreparable damage with total control of the citizen's money
The BTC reserve I believe will come from the BTC that the US has already confiscated. The solution would be perfect
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...
he also signed against usa CBDC this is huge. big or should I say bigly
This is probably the most important order for the general population
A CBDC falling into the wrong hands or corrupt politicians can do irreparable damage with total control of the citizen's money
The BTC reserve I believe will come from the BTC that the US has already confiscated. The solution would be perfect
It would be a battle between the two around the world.
This year and the time after that will be legendary, and I do hope Bitcoin will become even more accepted all through the world.
And CBDC would be.. Just there ;D
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...
he also signed against usa CBDC this is huge. big or should I say bigly
This is probably the most important order for the general population
A CBDC falling into the wrong hands or corrupt politicians can do irreparable damage with total control of the citizen's money
The BTC reserve I believe will come from the BTC that the US has already confiscated. The solution would be perfect
Lots of developments will come I think because of Trump with the approval of Bitcoin Reserves. I think all the tokens that has ETF including Doge which also has a coming ETF proposal will be among the reserves Trump going to approved.
Crypto community been expecting a lot from Trump which if he does something against crypto, people will not be affected anymore.
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^ I am waiting for SOL and LTC ETFs more than on DOGE, but clearly - all of these are good news.
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Lots of developments will come I think because of Trump with the approval of Bitcoin Reserves. I think all the tokens that has ETF including Doge which also has a coming ETF proposal will be among the reserves Trump going to approved.
Crypto community been expecting a lot from Trump which if he does something against crypto, people will not be affected anymore.
Well, I don't think that Spot ETF depends on BTC Reserves. When Gary Gensler left SEC, the opportunity opened up for many Spot ETFs based on ALTs such as XRP, SOL, LTC, DOGE. I'm not sure if traditional investors have a need to access these ALTs through Spot ETFs, but if they are approved, it could bring positive impacts to the spot market.
BTC & crypto have been recognized in value in the US after Trump executive order, I hope that many other countries will soon recognize BTC as well. In addition, we are still waiting for the US Congress to vote on Senator Cynthia Lummis bill, that will be the time when BTC is officially accumulated positively by governments worldwide.
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...
he also signed against usa CBDC this is huge. big or should I say bigly
This is probably the most important order for the general population
A CBDC falling into the wrong hands or corrupt politicians can do irreparable damage with total control of the citizen's money
The BTC reserve I believe will come from the BTC that the US has already confiscated. The solution would be perfect
Certainly that is the best. Trump looks to be creating a better territory for cryptocurrencies and privacy after all.
While Brazil is trying to create its own CBDC to spy on its citizens, united states has just prohibited it.
I hope Trump has some influence over Brazilian politics in the next years...
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...
he also signed against usa CBDC this is huge. big or should I say bigly
This is probably the most important order for the general population
A CBDC falling into the wrong hands or corrupt politicians can do irreparable damage with total control of the citizen's money
The BTC reserve I believe will come from the BTC that the US has already confiscated. The solution would be perfect
Certainly that is the best. Trump looks to be creating a better territory for cryptocurrencies and privacy after all.
While Brazil is trying to create its own CBDC to spy on its citizens, united states has just prohibited it.
I hope Trump has some influence over Brazilian politics in the next years...
All these measures that he has just approved will create an extremely attractive environment for companies and crypto users
The pardon of Ross and the CBDC ban already say a lot about what to expect in the next four years
I would love to see them copied here in Brazil, but I don't have any good expectations at the moment
It's only a matter of time before the reserve is actually confirmed
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All these measures that he has just approved will create an extremely attractive environment for companies and crypto users
The pardon of Ross and the CBDC ban already say a lot about what to expect in the next four years
I would love to see them copied here in Brazil, but I don't have any good expectations at the moment
It's only a matter of time before the reserve is actually confirmed
One minded, I have a feeling that this Bitcoin reserve is possible and another mind is telling me that Bitcoin reserve might just be a thing of discussion. If the US is not benefiting from all of it or owns half the value, they wouldn't give it a try. You remember how they were busy trying so hard to ban TikTok in US but later reconsider after some dialog? That's because initially they weren't benefiting the most.
Before then, they were saying TikTok was this and that, even interviewed the CEO if TikTok use wifi connection, those congress were just acting clown in the front of camera but as soon as TikTok gives them some ownership and decision making, they postponed it. Don't you think Bitcoin reserve will come down to this as well.
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~snip~
BREAKING NEWS
https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology/
Thank you very much for the link babo. I believe that the points (v)1 and Sec. 2. Definitions. (a), are very important, although Bitcoin is not named, they try to cover all cryptocurrencies.
If it is true that they are seeking personal wealth, it is truly unfortunate that Dt's actions are taking place, this situation will only worsen the situation of crypto if they dump their coins after making a lot of profit,
The problem is not only that they seek personal enrichment, the biggest problem is that no one raises their voice against them or against the actions they are carrying out.
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All these measures that he has just approved will create an extremely attractive environment for companies and crypto users
The pardon of Ross and the CBDC ban already say a lot about what to expect in the next four years
I would love to see them copied here in Brazil, but I don't have any good expectations at the moment
It's only a matter of time before the reserve is actually confirmed
And our CBDC (DREX) is moving quickly (https://exame.com/future-of-money/o-que-esperar-do-drex-em-2025-projeto-entra-em-nova-fase-mas-privacidade-ainda-e-maior-desafio/), and we will probably see something before the end of this government in 2026.
This is will a problem because we will be one of the first countries to have a working CBDC, while the most important democracy in the world is simple banning it.
Europe is also moving forward CBDC!
https://beincrypto.com/ecb-digital-euro-crypto-regulations/
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If it is true that they are seeking personal wealth, it is truly unfortunate that Dt's actions are taking place, this situation will only worsen the situation of crypto if they dump their coins after making a lot of profit,
The problem is not only that they seek personal enrichment, the biggest problem is that no one raises their voice against them or against the actions they are carrying out.
Is this the fear that will be faced in the future, no one dares to speak up, what can be done in the future is only to follow without being able to speak up,
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~snip~
BREAKING NEWS
https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology/
Thank you very much for the link babo. I believe that the points (v)1 and Sec. 2. Definitions. (a), are very important, although Bitcoin is not named, they try to cover all cryptocurrencies.
If it is true that they are seeking personal wealth, it is truly unfortunate that Dt's actions are taking place, this situation will only worsen the situation of crypto if they dump their coins after making a lot of profit,
The problem is not only that they seek personal enrichment, the biggest problem is that no one raises their voice against them or against the actions they are carrying out.
You are welcome
Watch that what we read is not all gold
In the document we talk about Crypto in a generic way, so i'm sure that Crypto of dubious quality will be included, only because Us Based
What then, what's the point of talking about US based, the blockchain runs OVER on the internet
But okay, there is time to fix..
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Is this the fear that will be faced in the future, no one dares to speak up, what can be done in the future is only to follow without being able to speak up,
I hope that is not the case, otherwise the whole hype over Bitcoin reserves could end soon or take other paths.
You are welcome
Watch that what we read is not all gold
In the document we talk about Crypto in a generic way, so i'm sure that Crypto of dubious quality will be included, only because Us Based
What then, what's the point of talking about US based, the blockchain runs OVER on the internet
But okay, there is time to fix..
The point is one of the usual points, control. That is why Trump said that all crypto companies that moved their base to the United States would have additional benefits. It is not a gift, in fact I think it is a poisoned candy to prevent these companies from establishing themselves in other areas of the world, among other things. China or Russia are not options for Trump.
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Is this the fear that will be faced in the future, no one dares to speak up, what can be done in the future is only to follow without being able to speak up,
I hope that is not the case, otherwise the whole hype over Bitcoin reserves could end soon or take other paths.
More time is needed to see through what was promised.
Because crypto wouldn't be the first thing to be addressed anyways... We are just interested in that matter mostly due to being enthusiasts and having our investments waiting for some moves on the market.
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More time is needed to see through what was promised.
Because crypto wouldn't be the first thing to be addressed anyways... We are just interested in that matter mostly due to being enthusiasts and having our investments waiting for some moves on the market.
Personally I don't expect anything in that sense. I mean, Bitcoin (and cryptocurrencies) didn't get to where it is today because of Trump or any other politician. Trump only takes advantage of that as he has taken advantage of Ulbricht, political interests. And while he was doing all that and everyone was applauding him like zombies, he also took the opportunity to launch a couple of tokens that have made him earn a lot more money.
And they call him "president of the people".
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The point is one of the usual points, control. That is why Trump said that all crypto companies that moved their base to the United States would have additional benefits. It is not a gift, in fact I think it is a poisoned candy to prevent these companies from establishing themselves in other areas of the world, among other things. China or Russia are not options for Trump.
Exactly Mr. Presideni Freemind, unfortunately we all know how politicians think and operate, incorrect and liar people
In fact he himself took advantage of launching a coin, Trump and Melania, who in my opinion are useless
only pure speculation.
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Exactly Mr. Presideni Freemind, unfortunately we all know how politicians think and operate, incorrect and liar people
In fact he himself took advantage of launching a coin, Trump and Melania, who in my opinion are useless
only pure speculation.
The problem is not only that Trump speculates (and many other things) and that he uses his status to earn millions. The problem is that the people who voted for him don't care, they simply applaud what comes out of his mouth without having a minimum of critical sense. All his voters do is worship a leader who laughs in their faces while he fills his pockets more.
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Exactly Mr. Presideni Freemind, unfortunately we all know how politicians think and operate, incorrect and liar people
In fact he himself took advantage of launching a coin, Trump and Melania, who in my opinion are useless
only pure speculation.
The problem is not only that Trump speculates (and many other things) and that he uses his status to earn millions. The problem is that the people who voted for him don't care, they simply applaud what comes out of his mouth without having a minimum of critical sense. All his voters do is worship a leader who laughs in their faces while he fills his pockets more.
Sorry if i correct you, but that happens for any politician voted
None of those who vote for him have the slightest critical sense, such as the dem who should be for peace, they promptly bring wars to the world to encourage their lobbyist friends of weapons
But nobody who votes criticizes them, only criticize the republicans
just an example
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Sorry if i correct you, but that happens for any politician voted
None of those who vote for him have the slightest critical sense, such as the dem who should be for peace, they promptly bring wars to the world to encourage their lobbyist friends of weapons
But nobody who votes criticizes them, only criticize the republicans
just an example
Don't worry about correcting me. I know what you mean, and what I said was not only thinking about the figure of Trump, but about the figure of any politician who in reality does not have voters, what they have are servants, that's why I said "zombies" in another of my posts, because they don't seem to have much brain, since they simply abide by the new laws/orders/rules without the slightest sense of common well-being. The ability to criticize, always within a constructive environment, would make the world different, and probably better.
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Personally I don't expect anything in that sense. I mean, Bitcoin (and cryptocurrencies) didn't get to where it is today because of Trump or any other politician. Trump only takes advantage of that as he has taken advantage of Ulbricht, political interests. And while he was doing all that and everyone was applauding him like zombies, he also took the opportunity to launch a couple of tokens that have made him earn a lot more money.
And they call him "president of the people".
Yep.
Everyone uses what they can to get more influence and votes.
Nothing new about that.
But I do hope that in the end, BTC would be better in terms of adoption rate after all the fuzz dies down.
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I don't think the U.S. dollar is going to collapse or any of that kind of stuff, however, it is good that the U.S. and other countries are interested in making a BTC reserve. BTC has a lot of potential and many governments are now seeing it, it is going to keep the price of BTC bullish for a long time.
Yeah, the US dollar remains a valuable fait for international business transactions and I don't think the Bitcoin reserve plans has any effect on it. The Bitcoin strategic reserve plans is a potential boost to the crypto economy and will have some positive boost to the dollar value if it get implemented.
Again, i think the bitcoin bullish momentum may continue for a longer time, based on recent developments. We may see many All time High records in 2025
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Senator Cynthia Lummis posted this an hour ago:
(https://i.ibb.co/JW4YzbhB/lummis.png) (https://imgbb.com/)
Source https://x.com/SenLummis/status/1884679219927540184
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Senator Cynthia Lummis posted this an hour ago:
(https://i.ibb.co/JW4YzbhB/lummis.png) (https://imgbb.com/)
Source https://x.com/SenLummis/status/1884679219927540184
That's a great start, they need advisors and known people in the crypto space to explain it more to them not just those hype-talking influencer/businessmen in the space.
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Senator Cynthia Lummis posted this an hour ago:
(https://i.ibb.co/JW4YzbhB/lummis.png) (https://imgbb.com/)
Source https://x.com/SenLummis/status/1884679219927540184
That's a great start, they need advisors and known people in the crypto space to explain it more to them not just those hype-talking influencer/businessmen in the space.
Good news. At least, they are really concerned with crypto, and they might really make a Crypto friendly country there. Of course, it will take a process because it is also related to regulations. However, with some efforts made and they do have some crypto advisors and parties who really understand this field, yes, it might go much better.
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I posted about Senator Cynthia Lummis yesterday, and it's interesting to notice that she said: Strategic Bitcoin Reserve, while other are saying Crypto Reserve
Some people are speculating that Ripple, Solana or Ethereum can be part of the strategic reserve too
I don't know what's better to be honest
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I posted about Senator Cynthia Lummis yesterday, and it's interesting to notice that she said: Strategic Bitcoin Reserve, while other are saying Crypto Reserve
Some people are speculating that Ripple, Solana or Ethereum can be part of the strategic reserve too
I don't know what's better to be honest
Unfortunately, speculation in modern times exists and is present in all sectors
Nelel Crypto is more accentuated because of the fact that the crypts are always accessible 24h on 24h while for example the equity at certain hours and some days closes
I don't see anything different from the rest and unfortunately we must take into account
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This is ultra bullish.
USA and Russia may now be buying bitcoin to create their own reserves. This is ultra bullish!
Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!
Bitcoin is very bullish now and has the potential to make a better position in the future because different countries are now allowing Bitcoin to be kept in their national reserves. There was a time when Bitcoin was not well accepted by any country but now almost all countries are planning to keep it in their strategic reserves so I think Bitcoin will make a good position very soon and will be very bullish.
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In my opinion it is excellent news if America and Russia have decided to make reserves of BTC so its value can only grow over time
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- My understanding is that Trump didn't just confirm it today because apart from that, he also issued an executive order, right? Then there's something else included in his executive order that he's also stopping the launch of CBDC if I'm not mistaken.
So, the confirmation he made really shows that Trump is serious about what he said during his election campaign about bitcoin or cryptocurrency in this field.
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In my opinion it is excellent news if America and Russia have decided to make reserves of BTC so its value can only grow over time
Of course, but large holdings are also very vulnerable if they are sold to the market, because if that happens, many bad assumptions will definitely arise.
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Of course, but large holdings are also very vulnerable if they are sold to the market, because if that happens, many bad assumptions will definitely arise.
Well probably has huge impact when there is massive dump given that all these governments who is currently holding tens or even hundreds of thousands of Bitcoins. Sell the news will happen during that time and we may see the market slightly experience bearish momentum. Take note that China also has Bitcoin holdings.
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Of course, but large holdings are also very vulnerable if they are sold to the market, because if that happens, many bad assumptions will definitely arise.
Well probably has huge impact when there is massive dump given that all these governments who is currently holding tens or even hundreds of thousands of Bitcoins. Sell the news will happen during that time and we may see the market slightly experience bearish momentum. Take note that China also has Bitcoin holdings.
Bhutan for example has been selling some of them near top prices, although the price has been affected when news comes out, it's just short and temporary effect because from what I noticed after a day or two or even like a week, prices will bounce back.
But all attention are in the big 3:, US, Russia and China and as I have said in the past, it's going to be a raise between this nations as who will have the most bitcoin as a strategic reserves.
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In my opinion it is excellent news if America and Russia have decided to make reserves of BTC so its value can only grow over time
Of course, but large holdings are also very vulnerable if they are sold to the market, because if that happens, many bad assumptions will definitely arise.
Many big investors previously also had so much BTC. And this concern always occurs when they might sell everything, of course there will be an uptick in the market. It's just that again, when they sell everything, it means that it is indeed a sign of one of the bullrun peak seasons of BTC itself, and that is our attention to also sell our BTC if our target is for the 4-year cycle. And after that, after the bull market ends, this will be a bearish era. Isn't this kind of cycle going to continue to happen? It means that usually when the market becomes down, it means that maybe it's time to go back to bearish or there is a correction in the market.
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This is a common trend, not only states but also retail investors have started taking into consideration the idea of having Bitcoin reserves
The reasons are many, one in my opinion that has influenced a lot on the way of thinking and deaf and the fact that Microstgecy has opened the dances and many are following the example