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Topic: Emergent call for you (Read 338 times)

sr. member
Activity: 644
Merit: 321
I like to treat everyone as a friend 🔹
November 20, 2024, 11:36:51 PM
#38
I believe that we have entered a new world, in this cycle, the market for Bitcoin has changed a lot. Bitcoin is currently reaching higher levels due to the steps taken by politicians, we have seen the price of Bitcoin skyrocket since the US election. Bitcoin has increased even more in preparation for Donald Trump's strategy of accepting the last reserve and Bitcoin is being invested in various countries, as a result of which the price of Bitcoin has increased a lot. If we see the Bitcoin market today, we will definitely be surprised that it is going to touch $100k very quickly, the market for Bitcoin today was about $97000. I think maybe in a few days Bitcoin will touch the milestone of $100k, moreover, the way politicians are currently moving towards Bitcoin, the Bitcoin market will become more expensive.
legendary
Activity: 1568
Merit: 6660
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November 20, 2024, 11:35:15 PM
#37
Enjoy the gains, but don't lie down with the enemy. Stay alert and keep an open mind. The government is not your ally.

The government would quickly kill all of the financial services promoted on this forum if they had the chance.

Never forget your roots.
hero member
Activity: 1428
Merit: 592
November 20, 2024, 11:10:56 PM
#36
I think for the government purchasing Bitcoin is just the same as every individual or firm trying to take advantage of purchasing and holding for the long  run, and by the end of when they plan on holding will sell for their profits. My only concern is about the change of government, Trump is passing the bill which is to be implement and his stay on power will only last for 4 years and the minimum years slated on the bill for investing is 5 years and to be held for cycles which is a long time.

The Trump government might consider Bitcoin a success but what about the forthcoming government, are they continuing in the same mindset as Trump? 

The increase period and the US presidential election do have the same level of influence on the current bitcoin price surge and we can test based on the hypothesis of bitcoin's journey every four years.
People say it is a coincidence that bitcoin rises when the US president is elected but the influence may be big because Trump himself said in his speech.
Trump also invited Elon Musk to join his government cabinet and that is a good sign for the journey of crypto and bitcoin especially there.

My estimate or analysis is that Bitcoin will reach a price of $150 next year or in June and that still needs to be tested based on several observers, but I predict that in that month we will see Bitcoin at a price of $150.
hero member
Activity: 2660
Merit: 630
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November 20, 2024, 06:36:18 PM
#35

Enjoy the gains, but don't lie down with the enemy. Stay alert and keep an open mind. The government is not your ally.

I'm not sure hodling Bitcoin a little longer is dinning with the enemy or the government  Grin. Maybe it was a coincidence that the American election coincided with this period plus trump winning the election, with Elon musk on board.  But the bull season have been speculated to happen within the first year or thereabout after halving and the last halving happened in April 19th, 2024. So we are still within the halving bull season, no cause for panicking while the ride to $150k looks realistic anytime after the new government takes over with Elon musk leading D.O.G.E.
sr. member
Activity: 224
Merit: 195
November 20, 2024, 02:50:30 PM
#34
Enjoy the gains, but don't lie down with the enemy. Stay alert and keep an open mind. The government is not your ally.
This last statement says it all, ‘Not having to share your bed with the enemy’.
It’s definitely exciting as it is that, politicians and government of one of the largest economy of the world stepping into the mainstream of Bitcoin investment, having to trust it enough to hold a good percent of its national treasuries, even if it’s still a proposal, it’s won over a lot of investors but make no mistake, the plan is take profit and settle national debt. That’s far from the idea Bitcoin is about and this agenda does tell you where there stands really is!
While remaining alert makes sense, at the same time there is not really anything we can do, if governments and banks want to buy bitcoin they will do so regardless of what we think about it, the best move is simply to keep holding our bitcoin, as it seems as if adoption all throughout the world could grow significantly during the next years, and if that is the case not only the price of our holdings will increase, but we may be able to use them everywhere in a seamless way.
I think for the government purchasing Bitcoin is just the same as every individual or firm trying to take advantage of purchasing and holding for the long  run, and by the end of when they plan on holding will sell for their profits. My only concern is about the change of government, Trump is passing the bill which is to be implement and his stay on power will only last for 4 years and the minimum years slated on the bill for investing is 5 years and to be held for cycles which is a long time.

The Trump government might consider Bitcoin a success but what about the forthcoming government, are they continuing in the same mindset as Trump? 
legendary
Activity: 2534
Merit: 1338
November 20, 2024, 01:56:04 PM
#33
Enjoy the gains, but don't lie down with the enemy. Stay alert and keep an open mind. The government is not your ally.
This last statement says it all, ‘Not having to share your bed with the enemy’.
It’s definitely exciting as it is that, politicians and government of one of the largest economy of the world stepping into the mainstream of Bitcoin investment, having to trust it enough to hold a good percent of its national treasuries, even if it’s still a proposal, it’s won over a lot of investors but make no mistake, the plan is take profit and settle national debt. That’s far from the idea Bitcoin is about and this agenda does tell you where there stands really is!
While remaining alert makes sense, at the same time there is not really anything we can do, if governments and banks want to buy bitcoin they will do so regardless of what we think about it, the best move is simply to keep holding our bitcoin, as it seems as if adoption all throughout the world could grow significantly during the next years, and if that is the case not only the price of our holdings will increase, but we may be able to use them everywhere in a seamless way.
full member
Activity: 203
Merit: 106
November 20, 2024, 12:11:27 PM
#32
Enjoy the gains, but don't lie down with the enemy. Stay alert and keep an open mind. The government is not your ally.
This last statement says it all, ‘Not having to share your bed with the enemy’.
It’s definitely exciting as it is that, politicians and government of one of the largest economy of the world stepping into the mainstream of Bitcoin investment, having to trust it enough to hold a good percent of its national treasuries, even if it’s still a proposal, it’s won over a lot of investors but make no mistake, the plan is take profit and settle national debt. That’s far from the idea Bitcoin is about and this agenda does tell you where there stands really is!
legendary
Activity: 3010
Merit: 1280
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November 20, 2024, 10:54:07 AM
#31
Enjoy the gains, but don't lie down with the enemy. Stay alert and keep an open mind. The government is not your ally.

Yeah I highly agree, government taking part on the Bitcoin economy will surely change the course of Bitcoin.  With government being involved, the freedom we are experiencing will possibly suppressed.  Government will implement laws and guidelines that will contradict the decentralized nature of Bitcoin and won't align with what is naturally intended.

I also think that the government see Bitcoin as one of its milking cow since its industry shows gigantic growth over the years and they (the government) wanted a piece of this industry.  The government join in because there is money to make and not to pursue on what the creator originally intended.

~snip~
Enjoy the gains, but don't lie down with the enemy. Stay alert and keep an open mind. The government is not your ally.


I think you are a little late with that advice, but even if you had written it 10 years ago, most people would not have listened to you, so it doesn't really matter. For most, it doesn't matter at all who is a friend and who is an enemy if it brings profit. My advice is to sell only what you have to, because a bunch of fiat is just a bunch of paper that can become worthless at any moment - the truth is the same can happen with BTC, but I would still risk it with my own bank rather than theirs.

Well, only a few people are concerned about the decentralization, full authority, and freedom Bitcoin gives, others are just passersby and just want to have profit so they don't care whatever path Bitcoin will take now that politicians and government are involving themselves in the industry.
legendary
Activity: 3234
Merit: 5637
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November 20, 2024, 10:43:39 AM
#30
~snip~
Enjoy the gains, but don't lie down with the enemy. Stay alert and keep an open mind. The government is not your ally.


I think you are a little late with that advice, but even if you had written it 10 years ago, most people would not have listened to you, so it doesn't really matter. For most, it doesn't matter at all who is a friend and who is an enemy if it brings profit. My advice is to sell only what you have to, because a bunch of fiat is just a bunch of paper that can become worthless at any moment - the truth is the same can happen with BTC, but I would still risk it with my own bank rather than theirs.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
November 20, 2024, 10:11:24 AM
#29
Bitcoin always ends up carrying the altcoins along when its price is going up. Another thing that will give altcoins a little push up is the benefit that Trump said they are going to give coins created in the US: some benefits.
Bitcoin carries itself and it does not carry altcoins. Altcoins are very good with trendy, they are launched by different hot trends in cryptocurrency and blockchain industry, and their altcoin season is very trendy too. The trend starts with Bitcoin, to attract new people to this market, and they see "Oh no Bitcoin is too expensive", then they ignore Bitcoin and make wrong decisions to invest in altcoins.

Bitcoin is expensive is saying since it was $10, $100, $1,000 and $20,000. Now it's going to hit $100,000 and any price in the past is no longer expensive in 2024.
https://www.blockchaincenter.net/en/altcoin-season-index/

Quote
The season is just a profit season, which we should always know when to take profit and prepare to enter back the market when we can. Why studying the market?
In a bull run, you only can get profit if you buy and hold in Spot trading account. If you buy coins and use them as collateral for your leverage tradings, you will lose money but won't get profit.
sr. member
Activity: 1288
Merit: 231
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November 20, 2024, 09:47:04 AM
#28
From the look of things, this government will favor Bitcoin and many altcoins in the crypto space. The bullish movement of Bitcoin is heading up to $100k soon or later but bitcoiners should not be too excited not to know where to take profit to avoid regretting why they didn't sell off before the price starts to decline. We already know that bitcoin has two season, the bull and bear and after this cycle, comes the bearish movement which some people might miss out to sell at the pick price.
Bitcoin always ends up carrying the altcoins along when its price is going up. Another thing that will give altcoins a little push up is the benefit that Trump said they are going to give coins created in the US: some benefits. 
 
The season is just a profit season, which we should always know when to take profit and prepare to enter back the market when we can. Why studying the market? It's not a permanent bull season like some always think it lasts forever and later regret when the market starts dropping below where they could have realized good profit.
sr. member
Activity: 420
Merit: 253
November 20, 2024, 07:53:19 AM
#27
Enjoy the gains, but don't lie down with the enemy. Stay alert and keep an open mind. The government is not your ally.

Well said mate, sometimes i use to wonder why people are so excited when politicians are making positive comments about bitcoin when we all know that the major purpose of introducing bitcoin was even far to stay out of politicians and the government because since bitcoin was created to be decentralized, the government cannot directly benefit from transactions relating to bitcoin so what makes us feel that if politicians uses bitcoin as a strategy to achieve government offices, they would implement policies that will favor bitcoiners? Even if they make policies that will favor bitcoiners but we should not forget that government doesn't involve in something they feel it won't be beneficial to them so we should just feel at home with the current trends while expecting the ''rainy days''.
hero member
Activity: 2912
Merit: 556
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November 20, 2024, 07:40:23 AM
#26
Stay alert and keep an open mind is something that we need to know the real situation. We don't have to believe others if they have their own agenda. We can know what they want to do with Bitcoin such as the government that want to control Bitcoin. You need to secure your Bitcoin with all things you can do.

More countries will allow Bitcoin so that means, that can impact to Bitcoin price. What you need to do is keep collecting more Bitcoin and don't think much about the government. If they release a new law which support to Bitcoin, that will be good for Bitcoin. But you need to know when you can take your profit and hold the rest of your Bitcoin for a very long term.
hero member
Activity: 1778
Merit: 746
November 20, 2024, 05:42:01 AM
#25
News flash: we're entering a new era--perhaps another cycle--but this time, the rules seem to have changed. Politicians have stepped into Bitcoin or, at least, shown concrete interest. In the last cycle, only El Salvador, a relatively small nation, embraced Bitcoin. But now, more appreciation has been demonstrated. Recently, the new government of the most powerful nation in the world, the US, proposed to adopt a strategic reserve. If this act passes through Congress and is implemented, we can expect the price to go up.
This will be a different cycle and perhaps the growing interest of politicians in Bitcoin could be a good sign for its future. Bitcoin is gaining credibility faster so some politicians are trying to gain influence to do whatever they can for their own interests and I don't think that is a problem because it doesn't have a negative impact on Bitcoin's journey. We live in a country where having a legal system and certainty is considered important to some people and the presence of some governments on Bitcoin's journey could have a positive impact in their view.

The adoption of strategic reserves could give a price spike to bitcoin because the country has a big influence on the global economic journey and congressional approval may be an effort that must be pursued in the future and if he is confident in the process then it will be a good hope for bitcoin.
full member
Activity: 350
Merit: 128
November 20, 2024, 05:35:16 AM
#24
In anticipation we're expecting multiplication of % in this current bull run in compared to the interest % of the last bull run because as we can see there's a high increase of adoptors and whalers has muchly flooded the market with their huge amount of holdings on bitcoin.
While El Salvador has created the records of reserving it economy source on bitcoin, US government is also proposing and so also the one contestant of Poland election coming next year has also made an insight of adopting the adoption of bitcoin into it national reserve.
Indeed this coming bull run will be a boom and as much, I have also added more to my holding which little holders like me combined together could also drive the price of bitcoin impressively too. 😁
hero member
Activity: 770
Merit: 538
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November 20, 2024, 03:56:43 AM
#23
From the look of things, this government will favor Bitcoin and many altcoins in the crypto space. The bullish movement of Bitcoin is heading up to $100k soon or later but bitcoiners should not be too excited not to know where to take profit to avoid regretting why they didn't sell off before the price starts to decline. We already know that bitcoin has two season, the bull and bear and after this cycle, comes the bearish movement which some people might miss out to sell at the pick price.
hero member
Activity: 510
Merit: 574
Too Little, Too Late.
November 20, 2024, 01:48:48 AM
#22
Enjoy the gains, but don't lie down with the enemy. Stay alert and keep an open mind. The government is not your ally.

can't agree more as just a few days ago, i learned that the government in my country is proposing a new finance bill for the upcoming year, which would tax people's crypto holdings and assets, and they are talking about the assets themselfes, not gains from those assets, they fucking lost it.

governments have come to believe in Bitcoin as a value and reserve but they will not believe in it in terms of decentralization and privacy.

they only see bitcoin as a way to make money, that wouldn't be so bad if they were not also actively fighting bitcoin decentralization and privacy.
any government can join in, that's the beauty of decentralization. but if we let them take control, we are done for.
legendary
Activity: 1848
Merit: 1982
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November 19, 2024, 11:54:47 PM
#21
Yes I agree, it makes perfect sense, even if the US government decides to make Bitcoin part of the Federal Reserve as Trump promised, it means that governments have come to believe in Bitcoin as a value and reserve but they will not believe in it in terms of decentralization and privacy.

Yes the US may go ahead with its decision to make Bitcoin part of the reserve and other countries may follow suit but most likely it will be a step towards more control over Bitcoin and not the opposite.
hero member
Activity: 1148
Merit: 796
November 19, 2024, 11:25:33 PM
#20
If you have Bitcoin ETF, sell it.
If you have coins on centralized exchanges, move it to non custodial wallet.
If you want to sell your coins, sell it on Dex or No KYC P2P.

Bitcoin is doing fine without government, as long as it's not get banned, people are freely to buy and own Bitcoin. Recognizing Bitcoin as security, property, currency or legal tender is pointless.
hero member
Activity: 1428
Merit: 592
November 19, 2024, 11:02:40 PM
#19
However, I believe this is a test of your integrity. Certainly, this government might seem more favorable toward the space and perhaps even to you personally, whether because you align more closely with their ideology or due to financial interests. However, this remains far from the coercion-free, anarcho-capitalistic ideals that the ancestors of bitcoin advocated.

Enjoy the gains, but don't lie down with the enemy. Stay alert and keep an open mind. The government is not your ally.

This shows that bitcoin is gaining ground much faster and the US itself is starting to see bitcoin as an alternative to adopting a strategic reserve.
But if we refer to the rules in place then the elected government should change some policies regarding the programs that may be proposed.
Regardless of the financial interests for the public in their view, we can understand that bitcoin has always been a much better alternative compared to others.

In the end I agree with the last sentence because the government is not an ally but needs to be watched.
Just enjoy every policy they make and our main target is to maintain the value of the investment to be better in the future because that is much more important than the lack of legal certainty.
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