Trump confirms bitcoin reserves

[vegasus]

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.

[ZAINmalik75]

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.

[Bobcrypto]

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 

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.

[Mr. Magkaisa]

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.

[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.

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.

[rdluffy]

...
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

[Findingnemo]

...
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.

[JISAN]

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

[vegasus]

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.

[rdluffy]

...
$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 

[Bobcrypto]

...
$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 

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.

[segmadis]

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.

[SmartGold01]

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.

[sampoerna]

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.

[Bobcrypto]

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.