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20stockman20

04/21/21 11:20 AM

#57195 RE: EliSmith #57194

Good point I wonder how many politicians are holding BTC , to be under the radar? If so, then this "bubble"
could go on for a while.

ap17

04/21/21 11:26 AM

#57196 RE: EliSmith #57194

Pie in the sky speculation, nothing more. Defi will see to it.
UNDERSTAND the coin. It's a digital world now, and the government is
mostly analog.

55 more ways at minimum to stop btc whenever they decide to.


LOL, NOT GONNA HAPPEN, See XRP sec case.

A Reminder:

Bitcoin is only a trade for those that completely do NOT understand the coin. There's 2 out of 4 groups that understand it best, and YES it favors the young.

In order of those who get it the least to those that fully understand:

1. The entrenched wall street fat cats and 20+ years experience don't get it.
2. The same group above, plus those who DON'T want to get it.
3. The wallstreet Pro's who not only get it, their already on board.
4. Last but definitley not least, the early adopters and youngsters, aka millenials.

The last two groups will leave groups # 1 & 2 in the dust, and personally, nothing.....absolutely NOTHING thrills me more. Those are they very ones that stole from retail cheating and/or manipulating for decades. Now groups 3 & 4 will make the money 1 & 2 left at the door.

KULiquidGold

04/21/21 3:04 PM

#57207 RE: EliSmith #57194

US Government embracing/said to be investing in Bitcoin!!!

Point 1
According to sources familiar with the matter, the Federal Reserve has for months silently been buying bitcoin through at least six over-the-counter (OTC) cryptocurrencies traders, and are likely responsible for the increase in bitcoins price over the past months.

In a tweet earlier, Elon Musk hinted that his financial team had been indirectly helping the Federal Reserve buying bitcoin by making Tesla available for Tesla buyers, ad introductions to trusted intermediaries that Tesla had been using to accumulate its bitcoin stock-pile.
https://centralbankcurrencies.com/news/federal-reserve-adds-bitcoin-to-balance-sheet/

Point 2
ETFs Could Rock the Bitcoin World

There is a growing sense that a bitcoin ETF might finally arrive in the U.S. in the not-too-distant future. The nominated chairman of the Securities and Exchange Commission, Gary Gensler, has taught courses on cryptocurrency. The bitcoin market has experienced huge growth in recent months and now has the involvement of some big institutions. VanEck, Fidelity and others are again seeking regulatory approval for bitcoin ETFs.

https://www.wsj.com/articles/etfs-could-rock-the-bitcoin-world-11618227019


Since we are onto over-the-top speculation on what could affect Bitcoin. Let's include an extinction level asteroid hitting the planet, perhaps a barrage of solar flares lighting up the planet, generating EMP-like events or the moon decides to jog off its axis...

It could become the govt policy to hold btc price to a specific level. Easy to do. You could be made into a felon. Easy to do. Your ISP could be shut down. Easy to do. 55 more ways at minimum to stop btc whenever they decide to. They will always allow time to get their friends out first. Might be what is going on right now. The job of the market is to take your money and 90 some percent of you will lose. It has always been thus.