GM Nostr
News that Gamestop is going to invest their $4.6bn cash pile into bitcoin is insanely bullish for Bitcoin, but the price has not moved at all.
This is just one of many bits of news that would have sent the price soaring in 2021.
Does anyone have any thoughts on why this might be the case?
I have the same question, but no answers.
Not only that… $mstr raised $711 million more just yesterday. #bitcoin
Bitcoin moves on macro liquidity and certainty. As long as we don't have any of those it doesn't matter what "announcements" we hear. The corn's not moving
Announcements don’t move the price. Liquidity does.
Gm
Short Fiat
Long Gme
Macro doubts overshadow these news for now, but when liquidity comes in, it will go up naturally. Everyone should take BTC off exchanges to speed this up too
Yes, and early 2021 was peak of quantitative easing.
Now tradfi suit liquidity is just waiting what Trump will do.
GM ☕🌄😎🤙🍿😀👌
GM 🌞
sellers at the margin, soon there won’t be.
not enough supply to go around
While news can indirectly impact demand, Bitcoin primarily pumps when bids outpace asks at the current price. If no one sells there, bids climb, driving price discovery until a seller agrees, setting a new price.
Powerful traders sometimes attempt to manipulate this by creating artificial bids or asks. This isn't unique to Bitcoin; it's a reality for all assets traded on markets.
Maybe it's just speculation for now? I have to say 4B USD is a lot!
I think Bitcoin is mature, the market doesn't mind 🤷♂️
Gamestop's investment is a significant endorsement for Bitcoin, but perhaps the market has already discounted a lot of this news. Information saturation may be playing an important role in this
Nobody cares, not even the traders themselves. The mission is simple: stack as many BTC as possible. soon!!
Gm
Old
It could also be a sign that investors are taking a more cautious approach. Perhaps they are waiting to see concrete results before reacting to the hype ⚡⚡
They didnt say they gonna invest all of their 4.6bn of cash.
I guess this information is only circle jerk and did not make it to mainstream yet. I’ve the feeling there’s currently a big misconception of a few very well educated ones who are in already and the rest which is not informed and educated yet. 🤷♂️
In 2021 there was a ton of new cash sloshing around, looking for a place to hide. Today investors are uncertain, and we’re still dealing with the hangover from all that liquidity.
Gm
The current price maybe. 87k is alot of money for a average person in the world.
GM short fiat 🤟🏴☠️😉 It’s interesting, right? One reason could be that the market has matured and investors are becoming more discerning. In 2021, Bitcoin was still a speculative asset, with any major news driving massive price movements. Now, we’re seeing more institutional players and long-term holders, so news like this is perhaps less sensational and more about continued institutional adoption, which doesn’t create the same immediate hype.
Another reason could be the broader macroeconomic environment people are less likely to react to good news in a risk-off market. Inflation, regulatory scrutiny, and the overall economic uncertainty might be overshadowing bullish news in the crypto space.
But one thing’s for sure: big moves like this are laying the foundation for Bitcoin’s long-term value, even if the market doesn’t react immediately. In the end, it’s not about price spikes it’s about the infrastructure and ecosystem getting stronger.
