Topic: The Coming FUD/Supposed Regulations 2021. Any Effect on BTC? Poll! (Read 62 times)

4t

I agree. The bigger the jump in price for BTC the more the public and regulators become aware. This is expecially 'jarring' I would imagine to government and

regulatory officials. I mean on December 24th, 2018 the price I sold some Bitcoin for was $3,900 or so with www.coinbase.com fees.

Now, being 'out of sight' and 'out of mind' these same government regulators/big centralized money and the rest goes from like, I think it was a 'low' this

year. (see www.cointracker.io), if I remember right on March 13th, 2020 the price was like $5,028.00 or some such. Just yesterday the ATH was $28,261.89.

Thus, 'all hell has broken loose' about this whole BTC/Crypto thing, back in the press and having the attention of wealthy/banks/centralized and government

regulators. In other words, the 'sh*t' hit the fan. You can also tell by how 'upset' people suddenly become again about this BTC/Crypto price and 'most' of the

people complaining the most are 'secretly' pissed off that 1) it is decentralized and they can't control Bitcoin and 2) they never got any BTC and missed the boat

so they think.

So with 'great visibility' comes 'greater scrutiny' ...so we will see what people 'attempt' to do to throttle 'bitcoin growth' or again assistance bitcoin or whatever

again, centralized wealth and power tend to be 'upset' about decentralized wealth and power they don't have access too...especially if the 'mistakenly' dismiss

BTC/Crypto in the past as 'funny money' and are shown otherwise.

pissed off is an understatement

the difference now IMHO is what happens if every time the BTC price corrects say 20-25% or so there is no loss in the price? In other words, if large institutional

money like GrayScale level are into BTC/Crypto for long term hedge against 'printing of $$$ in mass worldwide" and/or inflation and on every frigging dip

more pile in FOMO wise driving the price up and up? I mean, bonds are not gonna protect your portfolio over inflation with the (probably needed recession and

pandemic and all) money printing to get past these crisis. So bonds, say, not providing even protection to keep your buying power even vs inflation because

of all the money printing...gold is kinda 'unwieldy' ....you can buy property..but that usually does not shake out well till the 'end' of whatever inflation or

recession problems you are experiencing..thus you see all the Investment Trusts like GrayScale jumping into the BTC pool and buying. IF that is the case

any 'normal' dump in price will be simply 'grab'd' up by firms like GrayScale on long term inflation hedge and the FOMO may be frigging dynamic and rinse/wash/repeat

But pushback, yep, dubious proposed regulations, yep, pushback from govt and traditional centralized wealth..yep...

But if you are a long term Investment Trust like GrayScale and need some kind of hedge for a 'supposed' future 20-25% correction to the stock market and

With all this inflationary printing of money.....we have maybe not even got to nuts yet in price. $30k/$50k/$80k/$100k etc, etc.

So let the dubious proposed regulations begin! FUD/Fear/Dismay!

But, maybe, just maybe, all this will be 'moot' if many, many institutional long term investment funds run to BTC/Crypto as the prefered hedge on such stuff.

Doom or Boom we will be the first to know.

Pretty heady stuff for a guy who mined his 1st Bitcoin (1 BTC per Day) at the 'gasp' high price of $150.00 in 2013!

Sheesh!

Brad

A backlash is normal in crypto currency; and if you have paid observation enough, you would notice some sets of individual trying to drag bitcoin into the situation that xrp has with sec. This is normal, creating fud is a strategy even if it does not align with decency. It is up to newbies and professional investors to be at an alert on wheter to take profits and re invest; or continue to hold. The best case scenario is an individual research and a good decision.

Reserved.

I see a 'backlash' as per usual on massive Bitcoin price pumps...I mean the low price of Bitcoin in 2020 was $5,054.60 USD on March 12th, 2020. Again

using www.coinmarketcap.com as the price graph of such. So to say we have the 'attention' of monied interests/banks/government regulators/investors

traditional wall street and lest we forget 'Elon Musk' is a massive 'understatement'!

So do you HODL? Sell some on the dip for a re-buy? Sell the works? Will above even matter and market forces will just over-run such FUD/Fear?

As to myself, will likely just HODL ...I can't time selling on the dip for a re-buy worth sh*t..so won't even try.

This is what helps me HODL...most of the Bitcoin that I mined back in the day, more than 90% would be pretty much all under cap gains, and my states

10% tax rate. IF I stayed selling $400k I think it is that 'caps out' at a 25% tax hit. So in order to sell Bitcoin and 'buy' at the dip...I have to 'time' it

so it is worth the risk to do so and it has to be 'more' than a 25% dip to be worth my while to play sell/flip/buy/on the dip. I have many 'skills' of a dubious

nature. That is not one of them in any/way/shape/form. Others not in this situation may want to take profits anyway...for me...always I get such wrong!

So I HODL not entirely 'trusting' of the good intentions of Bitcoin Pumps! (Bitcoin: You merciless Bitch!)

So we have had 50% to 75% dumps in price in the past due to dubious government 'supposed' policies/regulations/FUD and exchanges going 'poof' of the years.

My issue is right now not if/when? The way it is going now ...not a frigging clue. But again, if history is any judge of all this.

If I would have had to bet the 'lives' of a basket of kittens I would have said 20K was the ATH and then retrace....obviously I know zip.

Anyway, heady times, but I suspect like all pumps there will be the 'usual' suspects of FUD/we need to kill BTC/hate/regulations of an unworkable version

etc. But whether or not this matters, I wonder? If institutions really are jumping into BTC/Crypto in mass now...will not a 25% or more dip simply add MORE FOMO

as they see the cheap coins and limited BTC available? This as a way to catch up on our 'lovely' BTC or 'virtual land' of limited, so, so, limited BTC to grab?

Whatever a government/FUD/supposed or regulations anyone may say may just get 'plain' run over...them all as irrelevant to accumulation and price?

IF institutional money has already figured out that 'bonds' are not going to hack it on inflation over the next years as a 'hedge' on a stock market correction

and 'gold' doesn't cut it either, with all the printing of $$$$/brrr/brrr that is gonna happen and drive inflation up.

Indeed if BTC/Crypto is the only game in town under this viewpoint of FOMO, we need to get into this now...any FUD/Fear/supposed regulations won't matter...

major institutions looking for an 'inflation long term out' may just blow any FUD/Fear off and WTH the price becomes in 2021 on such, well, I'm utterly clueless.

Fun times, always exciting!

Bitcoin: The good time girl we all want to have! (tm bitcoin)

Brad