For years, weāve heard that markets forward looking. But now, the US has just announced a Bitcoin Strategic Reserve, and the marketā¦ doesnāt care? Seriously? A move this big, one that completely changes how governments interact with Bitcoin should be shaking things up. But instead, everyoneās stuck on short-term noise, totally ignoring the bigger picture. Itās not just surprising, itās ridiculous. The complacency is not just baffling, itās irrational. I dont accept that. Once people really get whatās happening, you wonāt believe how fast things will move.
Discussion
You feel & see Me.
Trump signing the SBR and the Bitcoin price remaining flat is in the context of Trump also wantonly destroying stock prices through his idiotic tariffs. In that way, we should be glad that āflat is the new upā for risk assets.
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Check the markets, which Trump has rattled heavily. Investors are selling domestic stocks and moving to safety, such as bonds and European stocks, which are up. Nothing is happening with Bitcoin but weāll find out soon whether the market considers it a safe haven to buy or a risk asset to dump.
I think we can rest assured that these boys intend to make a LOT of money.
Hold.
"World Liberty Financial (WLFI), the decentralized finance (DeFi) venture tied to U.S. President Donald Trump and his family, added over $21.5 million worth of ether (ETH), wrapped bitcoin (WBTC), and MOVE tokens to its treasury on Wednesday, data shows.
WLFI acquired 4,468 ETH at roughly $2,238 each (totaling $10 million), 110.6 WBTC at $90,415 (another $10 million), and 3.42 million MOVE tokens at $0.438 apiece ($1.5 million).
The WLFI purchases, where Trump and his sons hold ambassadorial roles, come days ahead of a White House Crypto Summit scheduled on Mar. 7, where the President is set to meet with several high-profile crypto founders."
Feels like the kind of note where I should cite my source:
I only buy and hold.
Everyone here is already orange pilled zapping sats, not sure what you want us to do about it.
Market is still digesting the news
Just feels so similar to the ETF launch. Spent 2 weeks falling following the news. All for them to be the largest ETF launches in history
Idk, man. Iām with you. Really bizarre.
Next pump will be as ridiculous as the market right now
Sorry, everyoneā¦ the delayed NGU might be on me. š«£ Our 12 acres of land (Mt. View) hasnāt sold yetālooks like Bitcoin is waiting on that first. š¬ lol (at least thatās what Iām hoping for. Iād like to stack some more cheap sats / bitcoin before the major bull run)
I think it's not that people doesn't understand.
It's just that people doesn't care.
Mostly because they are too occupied with all the fiat nonsense happening around them that they don't even care to think independently.
And if anything you need to understand bitcoin is independent thinking. That's it.
Bitcoin's bottom rises at a consistent rate of 0.203% a day on average or 109.6% a year (1.00203^365 = 2.096). Barring massive global macro events lowering the bottom, such as happened in 2020 with the COVID crash and China banning mining in 2021, the price consistently rises at that rate over the long term as new people join the revolution either by mining or by stacking.
Don't worry about the day to day, it'll pump and deviate from the bottom trend line and then it'll drop back towards the overall trend every time (assuming no global macro events occurred).
We are right on the trend line, the bull run starts in about a month or so before peaking around October around $1M more or less. Then it'll dump back towards it's trend line and hit it around a year later at about $300k more or less.
We're right on track. Covid and China took the previous bull run from us, but nothing has fundamentally changed.
Love this!
plus they said they have the option to liquidate confiscated shit coins and buy #bitcoin with the proceeds š
I know how strongly everyone here feels about "other crypto". I get it. But Trump just told all those "shitcoin" firms to re-shore their operations. He's about to claim a big win for American jobs. Good ones.
And... (I'm not picking on you, I just feel like the only one who sees this) *some of* those shitcoins are really NOT ACTUALLY EVEN COINS. And they're DEFINITELY NOT COMPETITORS to Bitcoin. Some of them will be very useful to the world of mainstream eCommerce and international financial institutions and many will end up working with Bitcoin to create solutions we haven't even imagined yet. But NONE OF THEM want to replace (or threaten the position of) Bitcoin. Truly, I'd be willing to bet that every single one of those crypto bros at the table yesterday owns Bitcoin.
I wish everyone would stop going on about shitcoins. It's embarrassing.
i donāt disagree with this, but using any other coins as a store of wealth is not safe. So many of the other @coins are subjected to pump and dump schemes by either the creators or influencers. Anyone who wants to hold shit coins as an investment should be ready for that as an outcome.