Bitcoins - digital currency
US crypto reserve, and it's exactly my holdings other than ADA... We take these.
****ing ADA up 60 points today alone, congrats to you bros.
And insane 200MM long from someone who knew this was coming is unreal.
Also why the **** would we have a reserve of anything other than BTC? So the US is gonna hold XRP for what reason.... We know the reason, and I'll take it.
I'll be honest, I didn't expect it to retrace so quickly. I sold a portion of my stack because I had big purchases coming up and had a cost basis in the 40's.
I guess we'll see what happens next. My original prediction was a high in 2025 between Q2 and Q4 and 80-150k. Any new predictions?
Not a new prediction but top near 250k in 4Q.
Are there any actual details on this other than an EO?
I still don't understand why people quibble about the current price. If you believe in BTC, then it's going to $1,000,000. That's the target price. Then $10m. There's not really much else to think about. All that's left is deciding your risk tolerance...Shrug
I still don't understand why people quibble about the current price. If you believe in BTC, then it's going to $1,000,000. That's the target price. Then $10m. There's not really much else to think about. All that's left is deciding your risk tolerance...Shrug
I think you kinda answered your own question. The people who really do understand and believe are hodling till moon and nothing will make them sell before.
There's definitely a category of people though that just buy to try and make fiat b/cos its in the news going up a lot. Not because they took the time to try and understand it. I think these are the ones that sell or complain when it drops.
Also as much as im in for the long term and crashes dont phase me, I do check the price constantly for no reason other than I enjoy to? Pretending I didnt would just be a lie.
I thought sticking a bunch of shitcoins in the proposed reserve was an interesting choice. Maybe a mistake.
You think is aiming out « trump coins » in the reserve ?
Why not huh ….
Not really. We have an E.O., a few posts on Truth Social, and a "crypto summit" scheduled to take place at the White House on Friday. Just a lot of talk at this stage.
Link to the E.O.:
Article about the summit:
I thought sticking a bunch of shitcoins in the proposed reserve was an interesting choice. Maybe a mistake.
Are you serious right now? It was deliberate obv and people very clearly leveraged into it on inside info
Not even sure if it was actually illegal since crypto isn't really regulated and not even sure that would even matter. Corruption is in charge and nobody can stop them
What a load of **** this is
Ultimately they cannot stop bitcoin and the IMF will fail with this sort of behaviour but it brings to light just how bad it is for any country wishing to try and adopt btc or even become btc friendly. It feels like there is a lot of bullying going on behind closed doors, and the punishments for any state trying to adopt btc are harsh.
Trump one of the few who hopefully might stand up to this
What a load of **** this isUltimately they cannot stop bitcoin and the IMF will fail with this sort of behaviour but it brings to light just how bad it is for any country wishing to try and adopt btc or even become btc friendly. It feels like there is a lot of bullying going on behind closed doors, and the punishments for any state trying to adopt btc are harsh.Trump one of th
2 cults meeting
The market's message so far is that crypto is not a safe haven at all.
"...then they fight you...."
I still don't understand why people quibble about the current price. If you believe in BTC, then it's going to $1,000,000. That's the target price. Then $10m. There's not really much else to think about. All that's left is deciding your risk tolerance...Shrug
It’s nice to be able to buy more BTC than less BTC. I’d much rather buy a $10m asset at $50k than $100k, then I’ll have twice as many millions in the future. Seems worthy of quibble to me.
Are you serious right now? It was deliberate obv and people very clearly leveraged into it on inside info
Not even sure if it was actually illegal since crypto isn't really regulated and not even sure that would even matter. Corruption is in charge and nobody can stop them
I'm saying BIG picture, it's a mistake to put the shitcoins in there alongside BTC, if you're a maxi. You can't like it. You can't like being compared or put alongside something like Ripple.
Btw this price action after the most powerful man in the world announces the reserve, is pretty damn troubling price action.
I'm saying BIG picture, it's a mistake to put the shitcoins in there alongside BTC, if you're a maxi. You can't like it. You can't like being compared or put alongside something like Ripple.
Btw this price action after the most powerful man in the world announces the reserve, is pretty damn troubling price action.
This is the big picture. You make it sound like they give a **** about sound investment practice or something. All you're watching is unfettered corruption, only this time Trump brought along his twinning mega narcissist sidekick Elon Musk and his own brand of unfettered corruption
Maxis dgaf about any of this. Their thesis is BTC transcends governments and whatever the current US administration is trying to do. It's all noise, just buy, BTC wins in the end
This is the big picture. You make it sound like they give a **** about sound investment practice or something. All you're watching is unfettered corruption, only this time Trump brought along his twinning mega narcissist sidekick Elon Musk and his own brand of unfettered corruption
All of that is presently demonstrably false in BTC land. But you're welcome to your opinion.
It’s nice to be able to buy more BTC than less BTC. I’d much rather buy a $10m asset at $50k than $100k, then I’ll have twice as many millions in the future. Seems worthy of quibble to me.
You want to time the market you do you and I hope you crush. As for me, see below
All of that is presently demonstrably false in BTC land. But you're welcome to your opinion.
Your opinion, my opinion, it doesn't even really matter. Maxis are buying now and forever. I'm not a maxi and I'm certainly doing the same. I simply have a lower risk tolerance. Shrug
I'm just telling you
1) Maxis all over the internet and around me really don't like the shitcoins being lumped in with that, as it's not remotely helpful
2) Rooting for the reserve/corruption in the first place, disproves your point that it doesn't need governance.
Both those points are true right now.
Neither negate the concept that BTC could be inevitable. But it won't be inevitable if every country decides to buy penis tokens alongside them.
I think you two are arguing the same thing.
Well he's saying maxis do care when I said they don't. Then I said it doesn't really matter bc no matter what happens, they're buying and so am I
Dunno why he said I said crypto doesn't need governance bc I never said that. I do agree a regulatory framework should exist. Have fun watching one built by this administration lmao
I'm just out here popcorn.gif for the shitshow
Fair enough, but ultimately, I think you both are ending up at the same conclusion.
Maxis believe in BTC, regardless of what the American or any other government does.
Most people, maxis, non-maxis, etc. all see the shitcoin bs for what it is. Most people don’t like it, especially with the calculated pump and dumps. At least from what I’ve been reading.
