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Author Topic: Big names are coming in what does this mean for crypto  (Read 1942 times)

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Re: Big names are coming in what does this mean for crypto
« Reply #45 on: December 13, 2024, 05:37:05 PM »
There will likely be some big companies investing in bitcoin soon, maybe they will also wait after Trump's inauguration as US president in January next year.
Trump as a US president who supports bitcoin will have a big influence on bitcoin and crypto technology in the next 5 years, so we as investors who have been in crypto for a long time must take advantage of this. Don't miss out on new investors

Obviously, it is visibly clear what is happening on the crypto space now. I have no doubt big companies have started investing n bitcoin coupled with those of them secretly doing that. Some have already started taking their position waiting for trumps inauguration as it would likely cause another pump in price of bitcoin while other are just waiting to be sure and upon inauguration, they take their position. I strongly believe that bitcoin is in for bull the next five years of Trumps regime  and currently this retracement is a sign of impending pump  about to be experienced in the crypto space. If you could recall, Trumps election victory saw bitcoin pumping very fast to $100k talk more of when he is inaugurated and rules for his next full tenure in office.
That's what we observed after Trump won the US presidential election, because many new investors bought bitcoin, big companies and maybe secretly there are many companies and investors who bought bitcoin so that the price of bitcoin reached ATH at $ 103K.
And for those who wait after Trump's inauguration, then buy bitcoin they will be left behind from those who bought bitcoin before.
Trumps inception as the new president elect has sparked lots of economic revival in various nations and crypto space. His emergence really caused a positive effect on bitcoin which the whole world could attest and are on their hills to incorporate  bitcoin into their economy and also to the point of making it a national reserve. No doubt big and mega companies are all on the rush to take their position so they do not miss out. As at yesterday I saw on X that a transfer of 500 bitcoin or so was transferred from one of the big exchanges to a private wallet and it occurred to me like I earlier that there is every possibility that big names and players are secretly buying bitcoin and holding it waiting for Trumps inauguration.

If I stumble upon that post  on X again I will update this comment with it.
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Re: Big names are coming in what does this mean for crypto
« Reply #45 on: December 13, 2024, 05:37:05 PM »

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Re: Big names are coming in what does this mean for crypto
« Reply #46 on: December 13, 2024, 08:54:31 PM »
Just in a while back saw some news about Microsoft thinking to buying in BTC, well if they do buy in that will sure move the market even more, plus not to mention big bags like BlackRock already have accumulated a very high amount in BTC, what are your thoughts on this, it a good thing but I feel it's now becoming a race for which big company owns more BTC
They did not buy BTC as the vote was against it which is a big mistake for them IMO because they could have made 2x from the current position too, but they wanted to be more stable and did not want to invest in a coin that is highly volatile. I don't know why they got this idea from BTC. Even after the win of Trump and all those promises he made to support crypto, they still voted against this proposal of investing in BTC.

The market was so hyped at that time, as I was also keeping an eye on the market. I was excited because I thought it would pump from this point because they wouldn't vote against it, but they actually voted against the proposal totally unexpectedly and as expected BTC was dumped not for long.
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Re: Big names are coming in what does this mean for crypto
« Reply #46 on: December 13, 2024, 08:54:31 PM »

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Re: Big names are coming in what does this mean for crypto
« Reply #47 on: December 14, 2024, 09:38:55 AM »
That's what we observed after Trump won the US presidential election, because many new investors bought bitcoin, big companies and maybe secretly there are many companies and investors who bought bitcoin so that the price of bitcoin reached ATH at $ 103K.
And for those who wait after Trump's inauguration, then buy bitcoin they will be left behind from those who bought bitcoin before.
We can't compare the future price of bitcoin to what it would worth by next year or so but I am really that sure that next year gonna be more higher than this and even though they decided to buy bitcoin as then it would be hard to get more of it, or at the required volume but most times when they invested early it will be that easier for them to accumulate enough sat than just having less of it.

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Re: Big names are coming in what does this mean for crypto
« Reply #48 on: December 14, 2024, 04:33:01 PM »
That's what we observed after Trump won the US presidential election, because many new investors bought bitcoin, big companies and maybe secretly there are many companies and investors who bought bitcoin so that the price of bitcoin reached ATH at $ 103K.
And for those who wait after Trump's inauguration, then buy bitcoin they will be left behind from those who bought bitcoin before.
We can't compare the future price of bitcoin to what it would worth by next year or so but I am really that sure that next year gonna be more higher than this and even though they decided to buy bitcoin as then it would be hard to get more of it,

In the nearest future, Bitcoin price would pump very high of which I strongly believe. Why am I saying so, If nations begin to implement, adopt and Integrate Bitcoin into their economy and also making it a national reserve, believe me the scarcity would alone would drive the value to appreciate very high as it would be in high demand all over the world. By next year after Trump's inauguration and the US making Bitcoin a national reserve, many nations would follow suit and that is the beginning of the $1,000,000 price goal for Bitcoin within a short time interval as businesses all over the world would start accepting Bitcoin since it has been fully recognised by government of nations.
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