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Author Topic: Are you worried about the US Government moving BTC?  (Read 11244 times)

Offline Dr.Bitcoin_Strange

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Re: Are you worried about the US Government moving BTC?
« Reply #75 on: August 03, 2024, 12:00:22 PM »
At the same time, I also believe that with the positivity in price fluctuations and the optimism of investor sentiment, this liquidation worth 1B USD from the US government will not cause any negative impact on the increasing momentum of BTC price as well as the crypto market. FTX sold 1B USD worth of GBTC in January[4] and Genesis is selling 1.3B USD worth of GBTC [5] also with no significant impact on BTC price. Therefore, I believe that in the context of the market being extremely excited and the daily BTC trading volume reaching up to 70B USD, the selling force of 1B USD from the US government, if any, is not worth our concern.

I would like to know your views on the possibility of selling 1B USD worth of BTC from the US government:
  • Do you think the US government is about to sell 15,085 BTC?
  • Will this event have a negative impact on BTC and the entire crypto market?
  • Are you worried and changed your investment strategy because of this event?

1. The US government has been supportive when it comes to bitcoin investment and getting involved in Bitcoin investment is a good one, instead of trying to bring Bitcoin down they joined, the US government will sell but they will not sell 15, 085 worth of BTC I think they will sell below that, and I think they will not sell for now since the Bitcoin price is down.

2. Well if the US government sells 15, 085 worth of Bitcoin it will have an Effect on Bitcoin, after the sell the Bitcoin price will fall and that those not mean that it won't rise again, after holding it's advise to sell at a particular time so is just normal.

3. I'm not worried about this development if the US government decide to sell off the Bitcoin is fine, I wil advise everyone to always stand by what dey feel is good for them, and this development should not lead to people selling off there Bitcoin, because I know a lot of people will sell of there Bitcoin even before the US government sell there's off because of fear of Bitcoin falling and never rising if you know about Bitcoin you will no this those not call for fear.

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Re: Are you worried about the US Government moving BTC?
« Reply #75 on: August 03, 2024, 12:00:22 PM »

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Offline EluguHcman

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Re: Are you worried about the US Government moving BTC?
« Reply #76 on: August 03, 2024, 12:30:02 PM »

~Snip~

Nothing to worry about in my opinion.
Us government is just one more big player, a big whale

It can dump its coins , but this won't make a difference in the long run

Even USA tried to attack the network, like performing a 51% attack  , it would cost trillions of dollars and black-outs due to high energy cost.

Bitcoin is highly resistant to that continental attack.
Bitcoin has been a global attractive digital currency with the potentials to be adopted for global currency reserve.
The US government has then and now been playing supportive roles to the values and recognition of Bitcoin up to date.

The Potential attractiveness of Bitcoin has really been some kind of structures based on volume of Bitcoin adoptors in the US so, there is nothing to fear about.
There is absolutely no bridge between US and other countries where to assume that the US has a different Blockchain to what other Bitcoin Blockchain of others so, whatever value the US government or its citizens uphold on Bitcoin is equivalent to other adoptors in the whole World.
So, nothing to fear as the US government is being invested a lot not practically self centered but to evaluate more incredible potentials to the Bitcoin communities.

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Re: Are you worried about the US Government moving BTC?
« Reply #76 on: August 03, 2024, 12:30:02 PM »

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Offline bitmover

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Re: Are you worried about the US Government moving BTC?
« Reply #77 on: August 03, 2024, 04:52:33 PM »
So, nothing to fear as the US government is being invested a lot not practically self centered but to evaluate more incredible potentials to the Bitcoin communities.

I agree.

US government needs to have diversified investments. Just like it has tons of gold, it has also some bitcoin
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Offline 0t3p0t

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Re: Are you worried about the US Government moving BTC?
« Reply #78 on: August 03, 2024, 05:18:10 PM »
So, nothing to fear as the US government is being invested a lot not practically self centered but to evaluate more incredible potentials to the Bitcoin communities.

I agree.

US government needs to have diversified investments. Just like it has tons of gold, it has also some bitcoin
Yeah and I think selling is not an option if they really care to invest for long term. The potential of crypto nowadays attracts the attention of superpower nations like Russia so I don't think the US government should ignore this or they will become behind with other superpowers accepting Bitcoin for trades and accumulating more of it as long term investment.

Offline KryptoBull

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Re: Are you worried about the US Government moving BTC?
« Reply #79 on: August 04, 2024, 08:22:51 AM »
Yeah and I think selling is not an option if they really care to invest for long term. The potential of crypto nowadays attracts the attention of superpower nations like Russia so I don't think the US government should ignore this or they will become behind with other superpowers accepting Bitcoin for trades and accumulating more of it as long term investment.
If this turns out to be true, it will be a huge boost for BTC growth in the future. Trump mentioned this and we see a target of 1M BTC for the US reserve budget. I really hope that Trump wins and implements his plan, bringing BTC mass adoption, mainstream status in the financial market and crazy price increase!

I am just afraid that someone in the US government is trying to move BTC to liquidate instead of increasing the safety of the amount of BTC seized from criminals. Are they trying to sell BTC before Trump has the power to implement the BTC strategy for the US...

Offline de_prof

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Re: Are you worried about the US Government moving BTC?
« Reply #80 on: August 13, 2024, 11:49:06 PM »
Yeah and I think selling is not an option if they really care to invest for long term. The potential of crypto nowadays attracts the attention of superpower nations like Russia so I don't think the US government should ignore this or they will become behind with other superpowers accepting Bitcoin for trades and accumulating more of it as long term investment.
If this turns out to be true, it will be a huge boost for BTC growth in the future. Trump mentioned this and we see a target of 1M BTC for the US reserve budget. I really hope that Trump wins and implements his plan, bringing BTC mass adoption, mainstream status in the financial market and crazy price increase!

I am just afraid that someone in the US government is trying to move BTC to liquidate instead of increasing the safety of the amount of BTC seized from criminals. Are they trying to sell BTC before Trump has the power to implement the BTC strategy for the US...
If Trump wins the US election, it will likely have a positive impact on Bitcoin and the crypto market. Hopefully Trump will fulfill his campaign promises, because if this happens, maybe in the next bullish season, the price of Bitcoin will reach a very high ATH. Many argue that this is just a sweet promise from politicians, hopefully not.

Offline koang

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Re: Are you worried about the US Government moving BTC?
« Reply #81 on: August 14, 2024, 06:23:50 AM »
If Trump wins the US election, it will likely have a positive impact on Bitcoin and the crypto market. Hopefully Trump will fulfill his campaign promises, because if this happens, maybe in the next bullish season, the price of Bitcoin will reach a very high ATH. Many argue that this is just a sweet promise from politicians, hopefully not.

So Crypto investors are waiting for Trump to pump Bitcoin to 100K? I think Trump is poison for crypto, whatever he says
Trump is a politician who always focuses on his profit, Whatever is trending, he tries to use it to achieve a higher position and always tries to convince everyone that he is better. POLITICIAN.
Crypto space and Bitcoin don't need Trump to hit the new ATH

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Re: Are you worried about the US Government moving BTC?
« Reply #81 on: August 14, 2024, 06:23:50 AM »


Offline KryptoBull

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Re: Are you worried about the US Government moving BTC?
« Reply #82 on: August 15, 2024, 07:40:58 AM »
If Trump wins the US election, it will likely have a positive impact on Bitcoin and the crypto market. Hopefully Trump will fulfill his campaign promises, because if this happens, maybe in the next bullish season, the price of Bitcoin will reach a very high ATH. Many argue that this is just a sweet promise from politicians, hopefully not.
I also support Trump, more precisely, I support Trump's views on BTC and crypto. Trump's victory can be seen as the victory of the crypto community in the US market, which will be the beginning of a new financial wave, supported by the most powerful man on the planet.

Obstacles still exist on the opposing side, but Harris is also making moves to get closer to the crypto market. This partly ensures the bright future of crypto in the US, but I still hope for the best: Trump will become president and carry out the big plans of the government to Make crypto great again.

Offline NotATether

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Re: Are you worried about the US Government moving BTC?
« Reply #83 on: August 15, 2024, 02:41:22 PM »
In my opinion, they should just sell it all at once and make one big dump so that they can get over with it. I don't care if it shakes the market, I just want them to stop making these waves every time they sell crypto so many times.
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Offline bounceback

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Re: Are you worried about the US Government moving BTC?
« Reply #84 on: August 15, 2024, 03:25:36 PM »
I also support Trump, more precisely, I support Trump's views on BTC and crypto. Trump's victory can be seen as the victory of the crypto community in the US market, which will be the beginning of a new financial wave, supported by the most powerful man on the planet.

Obstacles still exist on the opposing side, but Harris is also making moves to get closer to the crypto market. This partly ensures the bright future of crypto in the US, but I still hope for the best: Trump will become president and carry out the big plans of the government to Make crypto great again.
Not bad ideas expecting with Donald Trump victory can bring good impact for bitcoin and cryptocurrency in United State exactly after good promising on the campaign election. Under his controlling if get victory for five years later, seems not problem with how many bitcoin assets holding by US Government and keep hold it without moving yet such as happening under Joe Bidden era.
Recently not have to be panic with US Government moving their bitcoin assets because they did it many time although bitcoin get down but not difficult raise up to higher price any more. Just hold and keep calm what ever did by US Government moving their bitcoin assets or not.

Offline Rikafip

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Re: Are you worried about the US Government moving BTC?
« Reply #85 on: August 15, 2024, 05:19:23 PM »
In my opinion, they should just sell it all at once and make one big dump so that they can get over with it. I don't care if it shakes the market, I just want them to stop making these waves every time they sell crypto so many times.
Tbh, I am surprised that they didn't already done that, something like Germans did recently. But who knows, maybe some of them have half the brain and are trying to profit as much as possible from it, or maybe even stalling by selling little by little.

And to answer OP, nope, I am not worried about US or any other government moving bitcoin.
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Offline LogitechMouse

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Re: Are you worried about the US Government moving BTC?
« Reply #86 on: August 15, 2024, 10:39:59 PM »
---
I would like to know your views on the possibility of selling 1B USD worth of BTC from the US government:
  • Do you think the US government is about to sell 15,085 BTC?
  • Will this event have a negative impact on BTC and the entire crypto market?
  • Are you worried and changed your investment strategy because of this event?
1. I don't know if they sold it already at that time or not since I'm not reading articles regarding Bitcoin or crypto at all but I saw in the other forum that they just sold around 10,000 BTC and it didn't have any negative effect on the market at all. With how huge Bitcoin is right now, I guess the only time where we will feel a massive dump is when the government selling all those Bitcoin that they seized at once.
2. Like I said, they sold around 10,000 BTC and it didn't have any negative impact on the market so this will not have any effect as well at all.
3. No I'm not worried. If the market goes down when the government sells Bitcoin then I will take that opportunity to buy even more Bitcoin. The bad thing though is that, governments will continue to take down those mixers and other platforms that are doing illegal things about Bitcoin. They will continue to seize those Bitcoin only for them to sell it at one point.

Like what others said, I would also hope that they will sell it all at once so we can take the opportunity of buying Bitcoin at a much lower price. :)

Offline Mr. Magkaisa

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Re: Are you worried about the US Government moving BTC?
« Reply #87 on: August 15, 2024, 11:03:10 PM »
        -     If I look at Bitcoin's history or record since then, we haven't really seen its price go back to the previous 2017 or 2015, as long as it always raises the price in the market.

If there is a severe fall, it can recover in a time that most people don't expect. In short, there is no reason for me to worry because bitcoin has really been tested by time.

Offline koang

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Re: Are you worried about the US Government moving BTC?
« Reply #88 on: August 16, 2024, 10:12:43 AM »
        -     If I look at Bitcoin's history or record since then, we haven't really seen its price go back to the previous 2017 or 2015, as long as it always raises the price in the market.

If there is a severe fall, it can recover in a time that most people don't expect. In short, there is no reason for me to worry because bitcoin has really been tested by time.

This is so true. History shows markets always bounce back.
I wouldn’t call this pullback a crash. All this movement is normal for Bitcoin. Be smart, Good buying opportunities are starting to come.
A volatile market can be a good thing if we are prepared.
So stay calm, invest when others are fearful, ignore short-term noise, and maybe a new ATH closer than we think.

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Re: Are you worried about the US Government moving BTC?
« Reply #89 on: August 16, 2024, 02:11:36 PM »
Personally, I don’t think it’s worth worrying about someone (even the US government) selling a small percentage of the entire issue, it’s actually very little, as they say, it’s a drop in the ocean, it’s another inflated manipulation and as we can see, not particularly successful, since in fact it didn’t harm the entire market, Bitcoin can fall and grow even without such news, and sometimes much more.

 

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