Trump confirms bitcoin reserves

[Asiska02]

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.

[Freemind]

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.

[electronicash]

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.

[Baofeng]

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.

[Aanuoluwatofunmi]

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.

[LogitechMouse]

---
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.

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. 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.

[Bobcrypto]

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.

[robelneo]

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.

[Azharul]

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.

[Faisal2202]

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.

[Freemind]

~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.

[bitmover]

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!

[Vx1]

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.

[rdluffy]

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 

[Faisal2202]

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.