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Decision to place Bitcoin in exchange is not too advisable because the moment you place your Bitcoin in exchange you are technically not in full control of the Bitcoin. Just imagine what will be the profit of the 5Bitcoin if he decided to hold it for long time considering the price of Bitcoin now in this bullish season.
A bitcoin now is worth approximately $100000, now for the 5 Bitcoin he would have been smiling with $500000 now if he had persevered to hold it for a longer time without placing it in exchange. And considering the present speculations of many investors and government indicating more interest on Bitcoin is a clear indication that Bitcoin hold more better future than what we are seeing now as a bull run of Bitcoin.
I am not sure what point you are making. My main point about the 5 BTC was to describe how FTX is treating the bankruptcy filing in their paying out the dollar value of the 5 BTC at the time of the bankruptcy filing... so yeah, pretty much the 5 BTC was gone and converted into dollars at the time of the bankruptcy filing on November 11, 2022.
I think that I also made the point that I used to hold a higher percentage of my value on exchanges, yet I think that around the FTX shenanigans many of us (including myself) reduced the percentages that we hold on exchanges even more and I think that was when I went from around 8%-ish that I had been holding on exchanges, to somewhere in the ballpark of sub 5%.
I am not totally against exchanges, even though surely FTX and Sam Bankman Fried and some of his people came into bitcoin in a kind of fast and even weird way, which he seemed to be shady from the start, even though many folks were razzled and dazzled by him, and I am not even saying that I had any clue, except for my considering him to be a bit of a strange character.. so I never ended up adding that exchange to my BTC accounts, even though my own non-exposure (in a direct way) might have been more luck than anything else.
A "sudden" pulse higher to 99.15K.
Saylor bought in again?
I get the sense that in recent times (especially since early November to present in his weekly buys), Saylor/MSTR have been buying throughout the week, so by the time he cryptically tweets something on Sundays he has mostly already bought everything and he likely is just finalizing the tally for their tending to be Monday morning announcement in regards to how much they had bought through the previous week.
Can btc "make" it to 100k by 12am Central?
there is a chance...
It would be nice to start a new week above 100K
if you had not gotten the memo, in bitcoinlandia, new weeks start at 12 am UTC.. #justsaying.
I just heard a quoted statement of Trump loudly thinking about the planned US Bitcoin reserve, where he said that he wants to convert roughly 200k of seized BTC into the base of said reserve. He also was said to mention lending of $USD to countries and letting them pay the debt back in Bitcoin, which are to be added to the reserve.
What do you think?
If Donald Trump starts reserving bitcoin as a future asset through debtors of the country, from my perspective I don't think that will help to elevate bitcoin price....But if government pass a budget of making bitcoin as one of economic reserved asset as a gold that will trigger bigger investors to come in, to invest on Bitcoin and the price of bitcoin will definitely become indifferent from the previous prices we had so far
This way he supposedly hopes that piling up on reserve Bitcoins won't pump the price.
So no Trump Pump? Called off?
Exactly, it can't make the price of bitcoin to accelerate, but the only thing that it will do, is that, the current price of bitcoin can't reduce more than 2% because with the influence that US government is reserving bitcoin more individuals that had the experience or information will like to invest in bitcoins on a small ratios
Bitcoin is likely to pump either way...perhaps less in one scenario versus the other, but still.... We are at where we are at in the cycle.. and choose your position size accordingly.
If you been in bitcoin a whole cycle (since June 2020 according to your forum registration date), then at least you have had some time to stack and to front run governments and some of the recent entrants into bitcoin.. and for you the main question might be whether you have stacked enough, yet, or not... It can take a while to build up a stack, and some whimpy guys might be regretting that they did not stack enough, even prior to getting in before you, but still whimpy is still paying off if you have been in long enough.