US strategic reserve will include BTC, ETH, SOL, XRP, ADA

[KingsDen]

Ah no Doge?

If all this is currently in the news, why are prices for BTC and altcoins falling   

Do crypto investors think this is a bluff, or something else is at play affecting price.

It's probably because investors have heard about this before and they're already locked in. Although there are more details now, it's still just talk and speculation stage. Price will probably pump harder in the coming days for the coins chosen if we see some real movement.

It looks like it is all over about the strategic reserve hype. The market will gradually tilt back to the natural movement and that is what the market needs. I'm tired of the Trump's effect. If Trump what crypto dominance as he opined during his campaign, he should continue to make policies that are crypto friendly and dismiss some lawsuits instituted by Biden and his men. By so doing, the industry will be cool natural without their turbulence.

[electronicash]

the price is now retracing back to 90k again. yesterday seem like a fake pump only but i'm grateful for the pump though, it was really a good sign something big is going to happen. 

It is now below $90k, short pumps like this is usually caused by weak hands, they are quick to buy and even quicker to sell, and when they do we get the 'true' value at that very time or period. Let us wait for an approval of the strategic reserves and see the impact.

its below $80k again. the positive impact we are waiting isn't happening i think. the market is very uncertain now and the price continues to decline. seem every one is panic selling already and looking at the chart, the RSI below 50 in the week chart is an indication we are going to plunge further.

it could just be my speculation but if you still have the chance to sell to USDT, its time.

[Freemind]

I think prior to the US announcement, we have seen countries already with huge amount of Bitcoin as their wallet, maybe they just anticipated that it will become the new face of technology or digital age like Bhutan for example.

And talking about Bitcoin reserve, it seems though that the Crypto summit today didn't affect the price or it was a disappointment for most of us,

I think that while Trump is talking about the Bitcoin strategic reserve, governments of other countries are acting quietly, creating their own reserves. The problem is that at the moment they are just that, words, without anything having been implemented. I don't know how much paperwork such a measure entails, but talking without acting only loses credibility and also disappoints many voters, something Trump no longer cares about. The more time they spend talking about the strategic reserve without having everything organized and in place, the more time other governments will have to move in the same direction and take advantage of it.

[Mia Chloe]

I think that while Trump is talking about the Bitcoin strategic reserve, governments of other countries are acting quietly, creating their own reserves. The problem is that at the moment they are just that, words, without anything having been implemented.

To start with, there is actually a very high chance that they will only implement bitcoin in their strategic reserves. This is simply because of the adoption rate and liquidity power of bitcoin in the market. The concept of reserves already suggests something that can be sustainable in the long run...

However relatively, to an extent most altcoins if not all, don't actually cut the case. Most networks are not strong enough to be implemented in something as important as the strategic reserve of a country.

[robelneo]

I think that while Trump is talking about the Bitcoin strategic reserve, governments of other countries are acting quietly, creating their own reserves. The problem is that at the moment they are just that, words, without anything having been implemented. I don't know how much paperwork such a measure entails, but talking without acting only loses credibility and also disappoints many voters, something Trump no longer cares about. The more time they spend talking about the strategic reserve without having everything organized and in place, the more time other governments will have to move in the same direction and take advantage of it.

My government loses the opportunity to profit from the bull run if they have just included Bitcoin in their project of investment portfolio, but they choose the safest way and are afraid to take the risks. The US is not spending a dime on those Bitcoin reserves.
I read that these bitcoins come from the companies they charged and confiscated their bitcoin, so they have nothing to lose here.

[Freemind]

My government loses the opportunity to profit from the bull run if they have just included Bitcoin in their project of investment portfolio, but they choose the safest way and are afraid to take the risks. The US is not spending a dime on those Bitcoin reserves.
I read that these bitcoins come from the companies they charged and confiscated their bitcoin, so they have nothing to lose here.

I also read (I don't remember where) that the Bitcoins in the strategic reserve were confiscated, but nowhere have I read that the amount of Ethereum or XRP and the other coins that are part of that reserve have been confiscated, so I understand that this will involve significant expense as well as assumed risk. Governments always miss opportunities, no matter what country they are from, the problem with missing out on these opportunities is that it's the citizens who don't benefit. In any country, citizens and their well-being should come first, but we already know that this is not the case anywhere in the world.

[Baofeng]

I think that while Trump is talking about the Bitcoin strategic reserve, governments of other countries are acting quietly, creating their own reserves. The problem is that at the moment they are just that, words, without anything having been implemented. I don't know how much paperwork such a measure entails, but talking without acting only loses credibility and also disappoints many voters, something Trump no longer cares about. The more time they spend talking about the strategic reserve without having everything organized and in place, the more time other governments will have to move in the same direction and take advantage of it.

My government loses the opportunity to profit from the bull run if they have just included Bitcoin in their project of investment portfolio, but they choose the safest way and are afraid to take the risks. The US is not spending a dime on those Bitcoin reserves.
I read that these bitcoins come from the companies they charged and confiscated their bitcoin, so they have nothing to lose here.

It's because or government has a different strategy, Lol. As for the US, yeah, they are just going to hold on what they have right now, not just Bitcoin but other altcoins as well.

But maybe later after they have laid out all their plan, who knows, they might also buy some and if they do, if will have a big impact on the price and this could really trigger a big parabolic rise in the last quarter of the year.

[Aanuoluwatofunmi]

A strategic reserve that is under a serious scrutiny should only comprises of bitcoin and excluded other altcoins in it, I don't know if the same is the plan they are having yet or not regarding crypto strategic investment plan, if they include altcoins, this make it more of another thing aside being a reserve because bitcoin is the most trusted when it comes to utility case and adoption, but we don't know what US is up to until then.

[electronicash]

I think that while Trump is talking about the Bitcoin strategic reserve, governments of other countries are acting quietly, creating their own reserves. The problem is that at the moment they are just that, words, without anything having been implemented. I don't know how much paperwork such a measure entails, but talking without acting only loses credibility and also disappoints many voters, something Trump no longer cares about. The more time they spend talking about the strategic reserve without having everything organized and in place, the more time other governments will have to move in the same direction and take advantage of it.

My government loses the opportunity to profit from the bull run if they have just included Bitcoin in their project of investment portfolio, but they choose the safest way and are afraid to take the risks. The US is not spending a dime on those Bitcoin reserves.
I read that these bitcoins come from the companies they charged and confiscated their bitcoin, so they have nothing to lose here.

It's because or government has a different strategy, Lol. As for the US, yeah, they are just going to hold on what they have right now, not just Bitcoin but other altcoins as well.

But maybe later after they have laid out all their plan, who knows, they might also buy some and if they do, if will have a big impact on the price and this could really trigger a big parabolic rise in the last quarter of the year.

they say Trump is advised by Elon and Hoskinson of Cardano thats why he included those altcoins. maybe even Garlinghouse too that's why SEC quit the lawsuit against XRP.

EU are starting to act also, i read on the news that they are adopting Vechain as it secures MiCAR Compliance. it could just be rumor.

[Jating]

A strategic reserve that is under a serious scrutiny should only comprises of bitcoin and excluded other altcoins in it, I don't know if the same is the plan they are having yet or not regarding crypto strategic investment plan, if they include altcoins, this make it more of another thing aside being a reserve because bitcoin is the most trusted when it comes to utility case and adoption, but we don't know what US is up to until then.

We can't blame US for including other altcoins as well, they already have several altcoins in their holdings, so they might just want to continue to hold it as that was the plan and not buy another crypto.
As we thought that that Trump administration, or at how we interpret it as a strategic reserve is to buy more let's say Bitcoin.

But it's obvious that was not the plan. However, still good news for us, others might have been disappointed that's why the price did go down and we are far away from 6 digits again.

[Aanuoluwatofunmi]

From the moment i began  to lose interest on this was when i got to realized that Trump launched his memecoin and also is considering some altcoins for national reserve, that looks insane to me, US should have nothing to do with some of these coins than starting with bitcoin at first before diverting and digressing, this means there could be more fueling to all these in favour of the general crypto even than the bitcoin which4 we all expect form them to first consider as national reserve.

[philipma1957]

A strategic reserve that is under a serious scrutiny should only comprises of bitcoin and excluded other altcoins in it, I don't know if the same is the plan they are having yet or not regarding crypto strategic investment plan, if they include altcoins, this make it more of another thing aside being a reserve because bitcoin is the most trusted when it comes to utility case and adoption, but we don't know what US is up to until then.

We can't blame US for including other altcoins as well, they already have several altcoins in their holdings, so they might just want to continue to hold it as that was the plan and not buy another crypto.
As we thought that that Trump administration, or at how we interpret it as a strategic reserve is to buy more let's say Bitcoin.

But it's obvious that was not the plan. However, still good news for us, others might have been disappointed that's why the price did go down and we are far away from 6 digits again.

the easiest way to stack btc is tax the miners in btc.

if I mine 1 btc this year a ten percent would be .1 btc in the us reserve.

of course once again eth fucked up by leaving pow to do pos. so I believe eth will never be purchased to stack it wil only be added if a criminal is caught with some.

[Azharul]

From the moment i began  to lose interest on this was when i got to realized that Trump launched his memecoin and also is considering some altcoins for national reserve, that looks insane to me, US should have nothing to do with some of these coins than starting with bitcoin at first before diverting and digressing, this means there could be more fueling to all these in favour of the general crypto even than the bitcoin which4 we all expect form them to first consider as national reserve.

Strategical reserve is very common process for US in cryptocurrency world. We also saw that US include BTC, ETH, SOL, XRP, ADA which will be Donald trump's strategy. I think that it will be very prefer decision for US. Because if we follow in cryptocurrency market we can see that all cryptocurrency market is slightly down now. So in this time if we want to reserve any crypto, it will be very helpful for us. We also know that Donald trump is a very crypto lover person. So Donald trump's strategic reserve is very suitable decision for this moment.

[Baofeng]

I think that while Trump is talking about the Bitcoin strategic reserve, governments of other countries are acting quietly, creating their own reserves. The problem is that at the moment they are just that, words, without anything having been implemented. I don't know how much paperwork such a measure entails, but talking without acting only loses credibility and also disappoints many voters, something Trump no longer cares about. The more time they spend talking about the strategic reserve without having everything organized and in place, the more time other governments will have to move in the same direction and take advantage of it.

My government loses the opportunity to profit from the bull run if they have just included Bitcoin in their project of investment portfolio, but they choose the safest way and are afraid to take the risks. The US is not spending a dime on those Bitcoin reserves.
I read that these bitcoins come from the companies they charged and confiscated their bitcoin, so they have nothing to lose here.

It's because or government has a different strategy, Lol. As for the US, yeah, they are just going to hold on what they have right now, not just Bitcoin but other altcoins as well.

But maybe later after they have laid out all their plan, who knows, they might also buy some and if they do, if will have a big impact on the price and this could really trigger a big parabolic rise in the last quarter of the year.

they say Trump is advised by Elon and Hoskinson of Cardano thats why he included those altcoins. maybe even Garlinghouse too that's why SEC quit the lawsuit against XRP.

EU are starting to act also, i read on the news that they are adopting Vechain as it secures MiCAR Compliance. it could just be rumor.

I think that question is if the US are really going to buy Bitcoin and altcoins as reserved.

Regardless of that advise, Trump should know that in order to be considered as a reserved, they should at least be buying just like El Salvador. But it's not going to happen though, as they are just sticking to what they have contrary to what we all thought that the US government will do.

[bitterguy28]

Strategical reserve is very common process for US in cryptocurrency world.

i wouldn’t say common this only started becoming possible when trump won the election last year and since he was talking about adding bitcoin to the reserve since his campaign it finally became a lot more realistic to happen

but it wasn’t common until then and not many countries also have done this aside from el salvador

We also know that Donald trump is a very crypto lover person. So Donald trump's strategic reserve is very suitable decision for this moment.

the us government definitely does seem a lot more friendly than previous administrations