Are you worried about the German government dumping 50k BTC?

[KryptoBull]

I don't know why German government selling Bitcoin. I think it is great mistake for German government. They will cry for it today or tomorrow, I strongly believe it. As German government selling Bitcoin so Bitcoin price will decrease, but it will happen for short time i think.

We know some days ago Bitcoin halving happened. I think within short time we will see It's impact one market. And then Bitcoin price will increase there has no any doubt. so I am not worried about German government selling Bitcoin.

According to their announcement, the BTC sale was conducted in accordance with the regulations for handling assets confiscated from criminals to supplement the state budget, but perhaps a more suitable decision would be for the German government to change the regulations to store BTC and profit from this uptrend.

I'm not sure if the German government would be quick enough to regret and quickly buy back BTC. Governments are usually quite slow and unable to make big decisions related to new assets like BTC and crypto. We, as small retail investors, are more easily able to accept risks and make buy & hold decisions to participate in this new wave of finance.

[|MINER|]

According to their announcement, the BTC sale was conducted in accordance with the regulations for handling assets confiscated from criminals to supplement the state budget, but perhaps a more suitable decision would be for the German government to change the regulations to store BTC and profit from this uptrend.

I'm not sure if the German government would be quick enough to regret and quickly buy back BTC. Governments are usually quite slow and unable to make big decisions related to new assets like BTC and crypto. We, as small retail investors, are more easily able to accept risks and make buy & hold decisions to participate in this new wave of finance.

Actually we the general people don't know nothing about the internal situation of the government or the rulers. And who knows what the plan of their government they try to use the funds for their country development but if it might also be a strategy?
because if we saw the current few days ago crypto market then who knows that who buy their bitcoin all hand ? And if these happen then the german government will not agree with working russian.

[Wiwo]

According to their announcement, the BTC sale was conducted in accordance with the regulations for handling assets confiscated from criminals to supplement the state budget, but perhaps a more suitable decision would be for the German government to change the regulations to store BTC and profit from this uptrend.

I'm not sure if the German government would be quick enough to regret and quickly buy back BTC. Governments are usually quite slow and unable to make big decisions related to new assets like BTC and crypto. We, as small retail investors, are more easily able to accept risks and make buy & hold decisions to participate in this new wave of finance.

Actually we the general people don't know nothing about the internal situation of the government or the rulers. And who knows what the plan of their government they try to use the funds for their country development but if it might also be a strategy?
because if we saw the current few days ago crypto market then who knows that who buy their bitcoin all hand ? And if these happen then the german government will not agree with working russian.

As long as the bitcoin belongs to the government, I don't have any problem with them trying to sell some or all of they bitcoin, because as far as i know only the holder of the wallet have to sole right to spend the bitcoin in those wallets and as a matter of fact if not going to affect the general bitcoin value in the market for long.

Bitcoin is somewhat a free asset that whatever the amount a holder dump on the market, it internal structure is big enough to cumulative recover within a given period of time, so there is no need for the Germain government action to sell some of they bitcoin to effect the general bitcoin market atmosphere in any ways.

[vegasus]

Actually we the general people don't know nothing about the internal situation of the government or the rulers. And who knows what the plan of their government they try to use the funds for their country development but if it might also be a strategy?

Strategy of pump and dump?
I think that Government is also playing on it.

Fortunately, the related sale by the German government has already happened and its impact has begun to pass. Yes, even though yesterday there was a really drastic drop, it did not make Bitcoin that bad. In fact, it became a reason for many investors to get more Bitcoin at a cheaper price because of the price drop. So in every FUD, there must be an opportunity for some people to still be able to take advantage of it all. And that will affect us, whether we fall into that category or are the ones who panic sell.

[KryptoBull]

Strategy of pump and dump?
I think that Government is also playing on it.

Fortunately, the related sale by the German government has already happened and its impact has begun to pass. Yes, even though yesterday there was a really drastic drop, it did not make Bitcoin that bad. In fact, it became a reason for many investors to get more Bitcoin at a cheaper price because of the price drop. So in every FUD, there must be an opportunity for some people to still be able to take advantage of it all. And that will affect us, whether we fall into that category or are the ones who panic sell.

I don't think governments are playing the pump/dump game because they don't frequently move BTC or trade to make a profit. We also don't know of any announcements about governments buying back BTC at low price after dumping by selling or moving BTC.

As I've written, governments still don't have a clear plan for BTC and crypto. They are only at the stage of accepting it as an asset to collect taxes from investors, not yet wanting to turn BTC into the official reserve asset for the budget. To achieve this, I think many discussions and votes need to be held and will certainly create opposing opinions.

[|MINER|]

Strategy of pump and dump?
I think that Government is also playing on it.

Fortunately, the related sale by the German government has already happened and its impact has begun to pass. Yes, even though yesterday there was a really drastic drop, it did not make Bitcoin that bad. In fact, it became a reason for many investors to get more Bitcoin at a cheaper price because of the price drop. So in every FUD, there must be an opportunity for some people to still be able to take advantage of it all. And that will affect us, whether we fall into that category or are the ones who panic sell.

Who knows that? What is their strategy? That is why I mentioned that positive and negative both side like they can also manipulate the market to get more good price for buying but the probability of this much less because if these kinds of big transactions happened again then we can also see that on market.

And the rest thing I have already told maybe this is their pre-plan they will sell those bitcoin on a good price at their need also ? For getting more reserve to develop their country? Any thing can be the truth. But if they really sell the bitcoin we should accept it as a natural flow of market which happended but the author behind of this have different different face.

[KryptoBull]

Who knows that? What is their strategy? That is why I mentioned that positive and negative both side like they can also manipulate the market to get more good price for buying but the probability of this much less because if these kinds of big transactions happened again then we can also see that on market.

And the rest thing I have already told maybe this is their pre-plan they will sell those bitcoin on a good price at their need also ? For getting more reserve to develop their country? Any thing can be the truth. But if they really sell the bitcoin we should accept it as a natural flow of market which happended but the author behind of this have different different face.

We won't be able to know the whole truth, we only have the official announcements from the German government to refer to and better understand the event of selling 50K BTC. It's possible that the German government has sold and then bought back using many new accounts, or they may have partnered with investment funds to sell and create FUD in the market... Conspiracy theories are very attractive, but I think we can't use them to make investment decisions.

I believe that governments are still not really ready to accept and reserve BTC for the national budget until the world's largest economy, the US, officially recognizes BTC as a long-term strategic reserve asset. To achieve this, we need Trump to win the ongoing election.

[|MINER|]

We won't be able to know the whole truth, we only have the official announcements from the German government to refer to and better understand the event of selling 50K BTC. It's possible that the German government has sold and then bought back using many new accounts, or they may have partnered with investment funds to sell and create FUD in the market... Conspiracy theories are very attractive, but I think we can't use them to make investment decisions.

I believe that governments are still not really ready to accept and reserve BTC for the national budget until the world's largest economy, the US, officially recognizes BTC as a long-term strategic reserve asset. To achieve this, we need Trump to win the ongoing election.

Yeap you are also right. the can also separately transact or buy bitcoin in on the small amount. It is possible but I will say the chances of doing this very low. Because I don't see anything to hide their specially when the investor or adopter is the government of a country.
I don't know that the German government will take or not take bitcoin on their reserve but I think they will missed the opportunity if they did reject it like the way they sell their huge amount of bitcoin. Because I we know bull -season is near so if they want they can also sell on the bull season of 2025.

[KryptoBull]

Yeap you are also right. the can also separately transact or buy bitcoin in on the small amount. It is possible but I will say the chances of doing this very low. Because I don't see anything to hide their specially when the investor or adopter is the government of a country.
I don't know that the German government will take or not take bitcoin on their reserve but I think they will missed the opportunity if they did reject it like the way they sell their huge amount of bitcoin. Because I we know bull -season is near so if they want they can also sell on the bull season of 2025.

This event simply shows us the slow pace at which governments are adapting to the developments in the financial market. The German government participated in drafting MiCA but they only thought about regulating and taxing crypto, they don't even understand or believe in BTC long-term value.

Some lawmakers have suggested that the German government should reserve BTC but it seems that it didn't achieve the desired result. The German government has not given any response yet but at least this could help other governments be more serious in studying the potential of BTC. I wouldn't be surprised if some government announces that they have secretly bought and are holding thousands of BTC in their budget.

[|MINER|]

This event simply shows us the slow pace at which governments are adapting to the developments in the financial market. The German government participated in drafting MiCA but they only thought about regulating and taxing crypto, they don't even understand or believe in BTC long-term value.

Some lawmakers have suggested that the German government should reserve BTC but it seems that it didn't achieve the desired result. The German government has not given any response yet but at least this could help other governments be more serious in studying the potential of BTC. I wouldn't be surprised if some government announces that they have secretly bought and are holding thousands of BTC in their budget.

If I tell you the main point then I have to say that No central government wants that controlling power to go out of their hands.
And that's the reason they don't want to adopt bitcoin and if you look to the countries those have the dictatorial situation those all are banned bitcoin and cryptocurrencies. Because cryptocurrency and the bitcoin has the financial freedom that don't have on the traditional fiat currencies.
I don't know what's the reason behind of the Germany but I can say most of the country who avoid bitcoin or banning it those behind reason are the same.

[KryptoBull]

If I tell you the main point then I have to say that No central government wants that controlling power to go out of their hands.
And that's the reason they don't want to adopt bitcoin and if you look to the countries those have the dictatorial situation those all are banned bitcoin and cryptocurrencies. Because cryptocurrency and the bitcoin has the financial freedom that don't have on the traditional fiat currencies.
I don't know what's the reason behind of the Germany but I can say most of the country who avoid bitcoin or banning it those behind reason are the same.

I understand that as well. That's probably why they make hasty and unwise decisions, at least from the perspective of crypto fans. They have something to protect: power, and fiat is the biggest tool that creates government power. They're not ready to change.

But younger people will soon dominate the parliament, and I believe that will be our chance, or crypto investors and supporters will simply elect their own parliament in the next elections. For me, the crypto wave is inevitable.

[Wiseman]

According to their announcement, the BTC sale was conducted in accordance with the regulations for handling assets confiscated from criminals to supplement the state budget, but perhaps a more suitable decision would be for the German government to change the regulations to store BTC and profit from this uptrend.

I'm not sure if the German government would be quick enough to regret and quickly buy back BTC. Governments are usually quite slow and unable to make big decisions related to new assets like BTC and crypto. We, as small retail investors, are more easily able to accept risks and make buy & hold decisions to participate in this new wave of finance.

Actually we the general people don't know nothing about the internal situation of the government or the rulers. And who knows what the plan of their government they try to use the funds for their country development but if it might also be a strategy?
because if we saw the current few days ago crypto market then who knows that who buy their bitcoin all hand ? And if these happen then the german government will not agree with working russian.

You think everything is correct, this is most likely a strategy, but they won’t tell us about it, there are government funds and funds that have money from people in the government who find it very profitable to get such insider information and make huge amounts of money on the fall, they themselves won’t punish themselves for such insider trading of course)) but others can’t do this, roughly speaking, nothing just happens at a certain moment when something concerns huge amounts of money and the government has everything thought out 10 steps ahead.

[|MINER|]

You think everything is correct, this is most likely a strategy, but they won’t tell us about it, there are government funds and funds that have money from people in the government who find it very profitable to get such insider information and make huge amounts of money on the fall, they themselves won’t punish themselves for such insider trading of course)) but others can’t do this, roughly speaking, nothing just happens at a certain moment when something concerns huge amounts of money and the government has everything thought out 10 steps ahead.

There is high possibility of that they don't have any other strategies after selling recent huge amount of bitcoin. Because we also don't see anything massive recovery or transaction as well.
But I said it because there is also chances of this because we have also seen government do have multiple strategies at once like If we talk about the Russian government then they banned the cryptocurrency but we have the news that the Russian government adopting the bitcoin privately. So the German government will not have any idea to re-adopt by manipulating the market it's also possible.

[nakmantu99]

You think everything is correct, this is most likely a strategy, but they won’t tell us about it, there are government funds and funds that have money from people in the government who find it very profitable to get such insider information and make huge amounts of money on the fall, they themselves won’t punish themselves for such insider trading of course)) but others can’t do this, roughly speaking, nothing just happens at a certain moment when something concerns huge amounts of money and the government has everything thought out 10 steps ahead.

There is high possibility of that they don't have any other strategies after selling recent huge amount of bitcoin. Because we also don't see anything massive recovery or transaction as well.
But I said it because there is also chances of this because we have also seen government do have multiple strategies at once like If we talk about the Russian government then they banned the cryptocurrency but we have the news that the Russian government adopting the bitcoin privately. So the German government will not have any idea to re-adopt by manipulating the market it's also possible.

I also heard that the Russian government is adopting bitcoin privately, if the German government sells bitcoin in large quantities causing the price to drop the chance of buying it back will be small. It would be better for every government to have bitcoin because in the future the price of bitcoin will be expensive and for those who do not have it will be left behind by other countries.

[philipma1957]

the German sales are done.  My first fear is Trump wins and attacks bitcoin. My second fear is Harris wins and attacks bitcoin.

Either one could make bitcoin illegal to own in your own wallet.  this would mean I have to have it in coinbase. which makes it not secure.

I would love a thread about major governments forcing us to make all btc to be in an exchange and not in a private wallet.