Bitcoin Forum

I'm sure I'm not the only one who's noticed the moves by the US first, the White House crypto summit, and now adding Bitcoin and some other altcoins to their reserves.

Has anyone else come across this? If the US is holding it, other countries might follow. We've already seen Brazil approving its own BTC reserves, so it seems like a race is forming.

 This is a positive development for the crypto space, even though the market remains highly unpredictable. It might just be a matter of time before we start seeing some big moves.

Initially that's what we thought, but it seems that the crypto summit didn't meet the expectations of Bitcoin enthusiast as far as the so called strategic reserves. And that's why we have seen the price going down again.

So I don't know if you will treat this as positive development for crypto space as it seems that the US is going to buy Bitcoin.

And that their current Bitcoin and other crypto assets will turn into their strategic reserve. A far cry from what we are looking or expecting at, US going to buy millions of Bitcoin to be their reserve, but it looks like this is not the case.

i see your point, but we shouldn't dismiss the fact that the us is even considering adding btc and other altcoins to their reserves, it's a step in the right direction, even if it's not as much as we were hoping for, it's still a validation of the asset class and could lead to more adoption and institutional investment in the long run

"Buy the rumor, sell the news" and what's happened in recent days are far less than people expectation, disappointments in the crow are very easily understandable and explainable.

It's time to sell if you are only going short term with Bitcoin, but if you are going long term, it's still a very good news, but as said less than expectation. According to "Buy the rumor, sell the news", price possibly was already reflected expectation of this news weeks ago.

They just hold their bitcoins seized from criminals, and nothing more at the moment or in near future. I don't consider it's bad because they announced holding means they won't sell those seized bitcoin at least in next four years with Trump as their President.

Plans of purchasing more bitcoins for their strategic reserves, we will have to wait a while long time.

I feel the race is already begun since a few years ago. We never realize about that because their move is in hidden and not publish to public.

Yes, it is a positive development for the crypto space so we might see another big soon. If you just search for what may happen later with the countries, you may be late to focus on yourself. No need to think much about them because we better focus how we can prepare ourselves for the coming.

There is the news update link https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-establishes-the-strategic-bitcoin-reserve-and-u-s-digital-asset-stockpile/?utm_source=chatgpt.com.
It was also confirmed that the judiciary lawmakers has also been delegated on the move for the US to officially adopt bitcoin and some few alt Coins for the strategy reservation which majority key holders of the decision makers in support of Trumps proposal superceded those that declined.
So obviously in a close time we would be seeing the purchase of the US buying bitcoin for it economy reserve.

The US has set the pace rolling, for having Bitcoin and some other altcoins as their strategic reserve. Very soon, we will begin to see the results of how Bitcoin has skyrocketed and how other countries are involved in using Bitcoin as their reserve.

Time will it take before everything we visualize about Bitcoin begins to manifest, starting with its tremendous price increase and its adoption rate moving faster than before

But nothing has been done yet right? So how they keep the ball rolling with that kind of statement? And we only think that they will just go with Bitcoin, unfortunately, they want  to include other altcoin as well which pretty much damp Bitcoiners.


Good thing is that we are still in the bull run and by that, chances are the price is going to go up in the future. So we should be expecting that the price could go back to 6 digits again and we can only speculate how big this bull run will be.

That's true, this may also helps in many ways, such as increase in bitcoin adoption, market price and other countries to have enough reasons of making it a legal tender, with this first step, let's wait to see how far it could go well in making things work out as planned or expected to the global economy and the bitcoin market.


Am hearing brhisn for the first time, is there any link on that to show more on that?


Exactly, let's wait patiently while waiting to see what turns out from all these in favour of us all.

Well if you think about it, the market is a race but just among us back then. The supply is limited and the demand is growing more than ever so we have always been racing to buy some bitcoins and now the big guys are joining in.
I am sure these big moves will not only be for this year. As the bear market looms, other countries should take advantage and buy more bitcoins as they can before the bull market happens again in approximately 4 years.

It was more of a positive development and held more positivity just before the summit was done yesterday. Now there is little negativity circulating around the market as the people did not get what they were expecting at the summit.

The only thing positive about the reserve is that we know that the government approved the holding of bitcoin as they want to be part of it, but that expectation that the US government will be accumulating bitcoin has been quenched yesterday, which is what I suspect is affecting the market currently, but we will pass that stage very soon.

Brazil is not the most prominent example that preceded the United States in establishing a reserve of Bitcoin, as El Salvador took a bigger step by recognizing Bitcoin as a legil tender. There is also the Gulf region, whose economy is considered more prosperous than Brazil and El Salvador, as the Gulf region is witnessing important transformations regarding cryptocurrencies, as interest in these digital assets is increasing and financial technologies are developing at an increasing rate. Despite warnings issued by government agencies regarding trading these currencies without a clear regulatory framework, investing in digital currencies continues to attract the attention of individuals and institutions alike.

The United Arab Emirates is considered one of the leading countries in the region in terms of adopting digital currencies, by developing digital wallets and licensed trading platforms. Initiatives such as the launch of D360 Bank with a capital of up to 440$ million, and the Saudi Digital Bank show the countries commitment to building a strong infrastructure for financing digital currencies.

It doesn't seem the market reacts positive after the Crypto Summit, I read that Trump didn't specify the time for government to start acquiring Bitcoin. People might think it's something uncertain and it can be revised in the future.

But, I'm surprised the market didn't pump because this is the first Crypto Summit and Trump didn't talk something bad about Bitcoin.

there is no certainty whether bitcoin strategic reserves will soon be formed in other countries, everything is still in the discussion stage, it has not been discussed thoroughly by parliament, so it may take even longer for bitcoin to become a strategic reserve in other countries. however, if the US succeeds in running the strategic reserve bitcoin that they just launched, there is no reason for other countries not to create their own strategic reserves, it just takes time until we can see positive news.

In addition, the last thing I heard today is that Trump is seeking to pass stablecoin laws and end banking restrictions on cryptocurrencies. This procedure may take a few months, but it will certainly have a major positive impact in the long run.

The strange thing is that despite all these positive decisions issued by the United States since Trump's term until now, Bitcoin and the market are still in a state of decline. I hope that this will change soon and we will witness the positive impact of these decisions on the ground.

Bitcoin is an appreciating asset not only in price but in purpose and public adoption. If we see more usage of Bitcoin in the future, it is not a surprise the more people interest in Bitcoin the further the usage, the US is taking Bitcoin as a reserve, soon it will become common among different nations while there will be more and more to do with it.

The big move is still limited because the US government hasn't said something convincingly and positive enough to ignite the market, his focus is still spread among others, for Bitcoin to drive following his statement, there needs to be more talk and concern specifically affected towards Bitcoin.

There's no time given when they will start buying bitcoin to add on their reserve so it might change later on like they decided not to do it. If they really did start then I wouldn't see the price of bitcoin decreasing as I have checked it yesterday is that the price is at 90k and now I just checked while writing this post is that the price is at 86k which you can say how much it decreased during the time from the last time I checked.

trump should not do that not only because i am a bitcoin enthusiast and would want to see bitcoin legitimized through its addition to national reserves but because if trump promised something and does not push through the people’s trust will decrease and he might fall in harm
i don’t think this decline in price is because of trump not yet adding bitcoin to the reserve the bear market is soon that’s why

Bitcoin has a great future up ahead. This is good sign that every now and then people are accepting bitcoin. But you know what, what scares me if banking channel stars to accepting Bitcoin and trading Bitcoin as a reserve currency it won't be a trading coin. It will more likely become a play thing to giants. Crypto to space will be more regulated then now. It will become more valuable than gold and eventually you can't make any profits by trading it.

I guess many people noticed the massive move of the price of BTC and other cryptocurrencies this season, that make some people to be involve in BTC investment, Some people doubt the words of the US president when he was campaigning that he will implement somethings that will affect crypto users positive worldwide. Since Trump became the president of US , the price of BTC and other cryptocurrencies has crossed some level which people never believe the price will cross, and there are still more opportunity ahead of those that will buy in the dip and hodl for long time.

El Salvador country is enjoying the benefits of crypto in their country because their government made a good decision to make crypto legal tender, which is the major tools that boost economy. I have faith that many countries will take that decision soon to make BTC and other cryptocurrencies legal tender.

Bitcoin rapid movement cannot be overemphasized as many countries governments are showing some kind of more interest in it and are ready to adopt it more for global adoption of it. US move in Bitcoin has shaken the whole crypto industry and one can tell how strong the government of the United States is when it makes a stance on something they’re interested in. As expected, other countries will follow suit and this is not a big surprise to many of us that have expected this to happen.

The market now looks more like been controlled by the government and that’s the one part about the market that’s not really impressive to me. Although, one cannot change that because of strong political interest can shape and affect the crypto market either positively or negatively. The decentralized market is what I still believe in the future of bitcoin, it still holds its ground on it and makes it still a dependable asset to invest in. The market will continue to follow its consensus despite the many influences of the government in the market.

Before the summit price was a bit trying to recover and was on that 90k level but after that summit for the past 24hrs now 86k have been the ATH, it’s like the masker have found a resting ground around that figure things will change pretty soon but that might be if there is some news of buying either from big institutional investor or the government or just after the market have taken its normal stance without any political pressure on it, the people expected too much from Trump.

Yes that exactly true. The  US is the world power and whatever thing they plan doing will always have an effect on most countries. As Us government lead administration I e Trump has declared Bitcoin a strategic reserved asset, it has spike a lot of other countries Plus including some entrepreneur to want to invest massively in Bitcoin because they know that if Us start taking Bitcoin a strategic reserved asset that Bitcoin would grow so rapidly. But my fear in this game is that Bitcoin has gradually turn to a manipulative asset where each comment made by trump about Bitcoin will either make Bitcoin grow rapidly or decline rapidly.and it's not a good one.

In my opinion, Bitcoin has been growing at a rapid pace since the previous years. Without all those news and government plans to buy Bitcoin, Bitcoin will go to ATH and continue to grow at a great pace. Government intentions is to make the use of Bitcoin to become so centralized.

Considering the recent developments in the adoption of Bitcoin by the US government and Brazil governments approval to add Bitcoin to their reserve, I expect more other countries of the world to follow suit and when this happens, we all know the future impact it's gonna have on Bitcoin. You can't be too sure of your prediction of the market for a fact but we all know that surely there'll be positive economic effects of these moves by the governments of these countries on Bitcoin in no distant time. The US economy is the largest in the world and for them to approve the adoption of Bitcoin in the reserves, it's expected that many other countries will do same which will definitely increase the value and price of Bitcoin. Interesting times for Bitcoiners and the crypto community in general

In addition, recently a Brazilian fintech company called Meliuz has bought Bitcoin for around $4.1 million with the aim of long-term profit, and it is reported that they could add up to 10% of their Cash to be allocated in Bitcoin, and I feel that this is really a wise decision from a financial technology company. So, the point is that the future of Bitcoin is getting clearer in front of our eyes, and I think it is appropriate for many countries or institutions to follow suit, because Bitcoin can no longer be underestimated as many people used to think. And I hope the government in my country will do the same thing, considering that Bitcoin has started to be widely discussed here, because this is a very good opportunity and it is not too late at all.
 
Source : Usnews (https://www.usnews.com/news/technology/articles/2025-03-06/brazilian-fintech-meliuz-adopts-new-treasury-strategy-to-invest-in-bitcoin)

Undoubtedly, the U.S. government's stance on Bitcoin is currently at its most favorable level ever. This is beneficial both for the U.S. and for Bitcoin, and consequently for the crypto community as a whole. The U.S. is setting an example for other countries, but it is far from certain that every country will be able to create its own crypto reserve due to a weak economy. Even those that can, may not necessarily choose to do so  ;)

Very true. Bitcoin have been doing well without the government,  people are making it looks as if the growth of bitcoin is by the influence of the government. It is a good development for government to have interest in bitcoin.
They can't succeed if truly this is their intention. Bitcoin is decentralized and always  be.

In its time, if many countries start to recognize it, it will develop more widely. The most important hope is that Bitcoin is in line with the expected prediction. Development and scarcity result in trust should be good capital. So trust will make Capital continue to grow. But of course we see that the direction of this policy can certainly compose market parameters that are difficult to predict. Because the State has come along and I believe politics has a huge effect on the direction of Bitcoin's goals. What worries me is that the country has more bitcoins than the individuals who owned bitcoins in the first place.

Despite investor disappointment over the summit not to agree bitcoin purchases or tax breaks, the cryptocurrency sector in the United States has had a significant moment. Coinbase CEO Brian Armstrong called the summit a “historic day” and announced plans to hire 1,000 new employees over the next year.

It was a historic event that brought together decision makers and officials in the blockchain sector to discuss the future of digital assets and establish a clear regulatory framework. Even if they did not reach an agreement on all points, it is a good start in the hope that Trump will succeed in fulfilling his promises to make America the capital of cryptocurrencies.

I expected this news to be more positive then what it ended up being.  It was clear especially by the end of the summit that bitcoin wasn't going to be added by the government, they are just going to use whatever bitcoin is held from forfeiture / seizure etc and aren't going to sell those assets, which is still a big deal but a lot of people expected that they were goin to announce the buy of new coins, which would have been really big.

Never doubted that Bitcoin is not going to make big moves in the future. The approval of the US government to create a strategic reserve of bitcoin is another major boost for it but even that not done, there was no way Bitcoin is going to be crackdown and its progress won’t continue in the financial global market.

Exactly, when US government has decided to take a major move towards Bitcoin development, other top countries will also follow in their way, everyone wants to be part of the latest and not be in the worn out technology when their are new ones making waves. Bitcoin is just beginning the pace, we will see more of it in the coming years.

I agree with you on the like of without government, bitcoin could have done what it did even if it would have taken it longer, but in line with government involvement, Bitcoin is only because they want to control it (centralise it). It's more than just the control; everyone wants to tap from the profit that bitcoin can give, which is also another reason why they are considering investing in bitcoin, even as the other hidden agenda could be to have control over it.

Just go with the flow because we do know that these might be that looking up that positive but it doesnt mean that there's no negative that could possibly happen. If they are on the race on accumulating Bitcoin then it do really shows that upward movements since they are really that buying up on bulks on which we know that once institutional funds is flowing through then we do know that there will really be that huge jump. This is why its really that important that you do really know at least on whats the pros and cons on which if you do see some potential jump because of such decisions and sentiments then sell out when it do hit up its peak because sooner or later on which there would be a massive sell off that would be happening. Im not really that much negative when it comes into these positive news but i do always assume out that there comes a day that everyone will really be selling out their bags on which this is something that you dont even know on when to happen. This is why you should be wise on taking your positions whether you do secure profits or making out some buybacks.

That’s just how tricky the government could be and you did spill some detail I needed to be aware of from this summit. Now I understand why there isn’t much of an uproar about Bitcoin or some other coin in the crypto space despite this abductions. Leveraging on what was seized rather than printing some new currency notes to liquidate the market, I think they are putting two things in check there:

Prioritizing the dollar as every government would and
Ensuring they don’t create inflation by printing more notes.

Don’t know where this sits with Bitcoin but, I don’t hope to find much government activities in interference.

I agree with you that BTC has always been growing, even before governments thought to get involved, you can argue that news of government involvement can push the price up faster, but some people have forgotten that BTC has been doing fine before Donald Trump started talking about it during his campaign. However, the government know they cannot make BTC centralized, they are not stupid, what they want to do is regulate it and manipulate its price to their advantage.

The other countries will follow what US is doing. So, if they have passed a law and the plan of having a Bitcoin strategic reserve, there is a huge thing that the other countries will miss if they're not going to follow. And if they won't do anything then a huge percentage of the whole supply of Bitcoin will go to the US. That's one thing to worry about it and that's a wealth that they will control in the future because they'll have a big percentage of holdings just as how much the known institutions holding it.

What is certain is that for now I just want to focus on what I am doing myself regardless of the movements of some countries with all their political tricks, I will not be too concerned with that.
They do whatever will make them benefit and honestly until now even though there are some steps taken by America that can be one of the things that bear positive fruit but we must realize that in the end they can also still do negative news so that they can benefit from the correction they have.

So instead of focusing on that, I would rather be on my own path according to what I want in bitcoin regardless of what the big countries do by hijacking the name bitcoin in it I will not care too much because too much trust in things that are based on politics like that in the end will only give great expectations but uncertainty.

If the United States reserves Bitcoin, other countries will not be left behind. For this reason, a competition has already started to reserve Bitcoin. Different countries are already trying to reserve Bitcoin according to their capabilities. The recent downward trend in Bitcoin prices can be considered an opportunity. Along with countries, efforts to hold Bitcoin at the individual and institutional levels are continuing. We will soon see a big price movement in Bitcoin. If Bitcoin enthusiasts can make good use of this time, they will get the opportunity to buy Bitcoin at a relatively low price, which may not come again later. If Bitcoin increases by 10 to 15 % at any time, there will be no more opportunity to buy Bitcoin at a low price. Therefore, it is better to just hold as much as possible.

The market will never be predictable because crypto is quite speculative.
Don’t see it as a matter of time because no one will ever be able to make an accurate analysis of the market’s trajectory with certainty.
I remember some people saying, we can only make predictions but to find the level of accuracy is impossible.
Bitcoin has grown so much faster than expected and initially many people may have doubted but the passage of time until now has shown a very high interest in bitcoin.

People say that bitcoin is a hedge that has similarities to gold, but tends to be speculative in terms of the certainty of its trajectory in the market.
But talking about bitcoin’s returns is much better compared to some investments that have ever existed before.

The cogs are already in motion.
The news and other actions from big figures only propel said cogs forward.
 ;)

Yes, this is a positive development that also came with much sacrifice and disadvantage.
If the government started holding Bitcoin and some altcoin as their reserve, it builds the reputation of crypto in the society, where they only have negative understanding about crypto, and we will see Bitcoin being used as the mainstream of payment (particularly border-to border). However, there's going to be a huge sacrifice in the aspect of privacy, and there's going to be a huge disadvantage in the area of market manipulation, which is what we are already seeing in the market as we speak. Besides, there's more to come and I hope we're ready for it.

Actually, I think that you could explain a best opinion in your comment. So I am also agree with your prefer comment. We know that few weeks ago we can see that bitcoin price is increasing in $100k up in cryptocurrency world, which start to rapidly. Because we know that US president Donald trump win in election. We know that Donald trump also a best supporter of bitcoin. So after we election we could saw the rapid action of bitcoin price. But if we follow in cryptocurrency market now, we can see that bitcoin price is slightly down in crypto currency market. But I think that within a short time bitcoin price will reach $150k.

The recent involvement of different national governments in crypto investments will not just bring development to the crypto space but will as well increase the societal value of crypto. Before now, there's been big investors who had serious doubts in investing their fortunes in crypto but are reluctant since they're not convinced enough but the recent developments will likely convince them of the importance of crypto. These recent happenings might not have instant positive impact but with time, it'll sure have a huge impact especially in price surge

Some people actually do trust and have studied bitcoin and confirm that it's worth their investment, but anything that's not supported by the government, they consider to be very risky and don't want to get involved in it as they believe government policy can affect their investment, which is why some investors waited till the approval of ETF before they took the step of buying through ETF even as they don't hold custody of the coin; as long as they can count profit on their portfolio, they are okay with that.

Fulfilling his promise to the crypto community is a step to more trust for him from the people who voted him in. He may have used that to get his way on to the seat of the president but actualizing what is promised is what he’ll be remembered for even after he left the seat of the president. He has taken a very bold and courageous step and this will reflect back in the market and will bring a sense of hope to old investors and intending investors of the Bitcoin community. The steps will be follow suit by mass adoption from even institutional investors, so it’s all good for the development of bitcoin.

The whole expectations on the Bitcoin summit was to see tremendous spark in the price of Bitcoin and the entire crypto market, but it seems reverse or stagnancy became the total outcome. Well, I'm still holding on, expecting something better, yet bracing myself ahead of what the market might become.

The summit of Bitcoin reserve which has taken place, this will bring more interest of other countries and States to join this trend, for the start, this will be showing good sign, but who knows how long it will be.

So far so good, President Donald Trump has fulfilled his promise of making Bitcoin reserve, we are now to wait and see what this phase will bring to the table.

It is natural and there are many people who are still not sure about investing in bitcoin for certain reasons like the ones you mentioned.
But they forget one thing and that is that bitcoin can be invested independently without the involvement of a third party and even if the government does not support it, it will never be affected.
But that is how some people see developments and without regulation or support from the government some people will not approach investment.

Even some people who live in countries that make policies that allow involvement in bitcoin investment are unable to see the best opportunities and they still fail to understand investments that are so far growing well like bitcoin.

People got too used to always being supported by the government so now they can’t stand on their own and be independent away from the government. The entire point of cryptocurrency is to conduct transactions and have a currency separate from third parties but some people are not yet ready for such concepts, I guess.
This means that they are only in it for the profit and not because they like the very foundation and purpose of cryptocurrency. Some people genuinely do use crypto to protect their privacy. While making profit on the side. Either way, as long as they are not running on misinformation they can do whatever they want.

Big talks bring big spikes in the sentiment and prices alike.
But we need more actions  8)

Bitcoin grow big and more popular than a few years ago. With many people, companies, or other things involve make Bitcoin become a new thing that may help anyone who have Bitcoin to survive in the future. We don't know exactly what will be the future, but countries want to use Bitcoin as their reserves so that will make Bitcoin grow bigger. When a country support Bitcoin, that will make their citizen use Bitcoin without worry. They also supported by their government so they can use Bitcoin for their benefit. People will have different reason why they use Bitcoin but the final reason will be for make money from Bitcoin.

More countries will see through the fud and will acknowledge the possibilities.
That is what matters in the long run of things.

The opposite happen, it's not the news that we wanted to hear, or maybe we really put a lot of expectations from Trump and our impression is that the government of the US is going to buy.


For now, it didn't do good for us, price is still below $90k. And the all time high under his administration is $109k. So that is a far cry. But I will say that we should stay away from that Bitcoin reserve news, investors should be the one driving the price and not those news that seems to be like some manipulation form the White House itself. And we can also wish that we will settled down and ride the market to a new all time high without the so called Bitcoin reserves.

Even with the recent development and the bullish of some government on Bitcoin and some altcoins. Some big investors still won't get involved in cryptocurrency investment because the potential Bitcoin showcase during the worldwide total lockdown is more than enough for every experienced investor to see crypto as a perfect alternative, and most of the institutional investors who are into Bitcoin now see a hedge in it through the lockdown season.

For the record, the percentage of crypto holders globally is still 4% despite the increase in the societal value of crypto. Since it's an innovative digital currency, it will still be hard for some people to understand it.

I'm pretty sure that your estimate is inaccurate. According to this report (https://www.triple-a.io/cryptocurrency-ownership-data), the estimated global cryptocurrency adoption rate was around 6.8% in 2024, so I'm pretty sure that the figure is much higher in 2025 because we know more and more people are adopting cryptocurrencies over time because we can see a clear surge in the trend about cryptocurrencies around the world, more and more people are showing interest in trading and other means of making money through cryptocurrencies.

The market value of cryptocurrencies, even Bitcoin, doesn't show the growth of the industry, but it's the growth in the demand and popularity that shows how rapidly this industry is growing, and how more and more people are joining the revolution and realizing that cryptocurrencies are actually the future.

People were very skeptical about bitcoin but this move by US government will make many to have interest in bitcoin and other countries that are not friendly to bitcoin will learn to accept Bitcoin.

No doubt it is a good move indeed especially a good form of giving bitcoin more awareness to the world.  US choosing bitcoin as one of their reserves is surely going to be very much profitable and with this good step I so much expect other countries to make a move like this. I'm not surprise seeing bitcoin at this level where it is now, for sure bitcoin has the tendency of reaching to the height where it is now.

US just chose one side of the corner whereas others would try to push for CBDCs appropriately.

And I do think we all know who the winner would be  ;)

Things have been running towards the continuous growth of bitcoin globally and there's more indications that we are going more bigger in this, for the fact that the United State have also developed more consideration towards bitcoin reserve could also be an encouragement towards a continuous adoption from other countries and before we know it, bitcoin would have been made a legal tender in more countries than we already had.

As you said dude, many really expected that there would be a short rally in the price of bitcoin after this crypto summit that ended. That's why the opposite happened,
many funds were burned by those who carried out activities in futures leverage.

And I was one of those who got burned, it's a good thing I was able to set up an SL for what I did or else my balance in futures would have been scratched. Lucky for those who took a
short-position. Meaning, Trump may also be the reason why there was a market down in the crypto space these past few days.

And the current involvement of government is making everything more interesting because it will be more trust just that the manipulation is going to be much because this something that the government is always good at it and we don't have a choice than to fallen in there trap because there involvement does not  change the profit you will get and this is why am not really bothered about on what ever manipulation the government is trying to do. And all this is in the name of trying to boost the economy and if it turns out well for them then its a good thing because for some time now a lot of government individuals have been kicking against Bitcoin so why the sudden interest maybe the profit they are seen is what is given them more courage because I know the government very well anything that will not favor them they will  not want to get involved so this is more reasons, when you hold its safer than when you trade because of how the government will want to do there manipulation so all that you need is to concentrate more on the holding and do less trading.

Yes, I got the estimation incorrect, but it is lovely to see the increase in the percentage of cryptocurrency ownership in the world. All thanks to the positive stance towards the crypto reserve with the inclusion of investment organizations (Blackrock, Fidelity) Bitcoin spot ETF. However, we still have a long way to go because 6.8-10% of the world population is still small footing the potential and the acknowledgement Bitcoin already got from some governments.

I could be wrong, but what I think is that other countries are just waiting for the results of the US adoption of crypto. In fact, just like what happened to El Salvador, it did not really attract huge interest from other countries.

Of course, they have a huge difference in terms of influence, but I don't think that the US can manipulate other countries when it talks about crypto. Some might open a door and legalize Bitcoin, but not by doing it as their reserve funds.

Of course, the participation of the US means a lot, but I don't think this is enough to make all countries do the same.

I have never heard of read about Brazil bitcoin reserve, does any thread in the forum talk about it and what is the stage. Is it a rumour or a reality. I have to ask because I suspected that immediately US approves bitcoin reserve, other countries will follow. I will appreciate if I have a link of Brazil bitcoin reserve.

Absolutely you are right, due to governments not supporting the ideal of the decentralized finances, a lot of investors has abstained from adopting it.
The real truths behind this is that they don't trust bitcoin because they believe it is not worthy to be invested on otherwise, even if the government will not take it for the overwhelming trending federal reserve as the US, they would had made it official for legal tenders.
Just like my country, the governments policing has not been encouraging for massive adoption but then individual move forth ignoring the governments attitudes towards it.

Hey man, you could have wasted a few seconds using a search engine, I used duckduckgo, which isn't as refined as google and I found it straight away.

Just In: Brazil’s Congress Introduces Bill To Create Strategic Bitcoin Reserve (https://bitcointalk.org/index.php?topic=5520750.0)

Regarding the OP's point, I agree, and I recently commented on it in the local forum. The growing trend in adoption is unstoppable, and many people do not realise that there are a lot of states in the USA that have also proposed a strategic reserve, apart from the federal one, and it seems that Texas will approve it first, which is logical because it is the state where most bitcoin is mined.

Yeah, definitely this will bring up some good progress. Like this positive development attracted so many people/county to adopt Bitcoin. And it's pretty obvious that if more people got affiliated with Bitcoin, then indeed Bitcoin would just pop towards the surging. Other countries will definitely try to follow these steps of the US as you mentioned that Brazil has approved its BtC reserve. So I think other countries will also jump into this race and Bitcoin will get more boost.

This stance of the US can give Bitcoin a milestone status. That is, we can get more increase in Bitcoin adoption, due to which we can see Bitcoin skyrocketing further. But anyway, way lets see what happened next.... Does this association really work or not.

Major countries enthusiasm for using Bitcoin as a national reserve and allowing companies to use it as a speculative tool and investment product encourages global capital to trust Bitcoin as a safe investment. This confidence will further drive price stability and reduce rapid fluctuations influenced by numerous factors.

Bitcoin's scarcity, coupled with its decentralization, making it owned by its holder, makes it a security card for transactions between individuals and companies, and even between governments and countries. Just like gold, it's important to compete to acquire the largest possible amount of it, as it will soon become a secure store of value from which many other things derive their value, with prices determined in Bitcoin.

The more adoption that occurs, the better the Bitcoin journey will be because it will indicate the more people, institutions and groups will consider bitcoin as the selected investment step.
Bitcoin reserves that began to be considered by several countries to trigger the process of continuity of bitcoin and if this continues it will be better.
But as more and more people become interested in Bitcoin investment, its value will continue to grow or with Bitcoin reserves starting to be formulated by several countries, Bitcoin will become one of the best assets that has fantastic value in the long term.

I am optimistic that it will be something much better and maybe his hope with the increasing number of adoption that occurs can have a positive impact on Bitcoin's long -term journey and we can see bitcoin as one of the best investments in the future.

Brazil has taken the first step, and there are surely other countries watching and waiting for the right moment.

The market is still unpredictable, but if this turns into a global race, the real question is how much longer we, the "ordinary people," will be able to buy before institutions take over completely...

The picture have made people love bitcoin and want to invest in it because they of the money you will make from Bitcoin and everything they see on social media is what is given people more interest to want do bitcoin they see a lot of good things online and it have sparked up there interest and we know that there is profit but it is not everyone you see you believe people do different things just to get followers and this more reasons everyone just have to be very careful with what you act upon on because people love to act upon what they see on social media and it is always not so not everything you see you will believe people do things for followers and this is why you have to be careful because people are just to selfish and peoples heart is becoming very hard and this is why we just learn our self. To aviod all this kind of story, and a lot of people have lost money just because they are following influencers.

Bitcoin is becoming powerful and powerful with every single event, Countries embracing it with the time more and more joining Some people say Bitcoin could touch million dollar mark easily, The direction it headed the events that are ahead maybe the future investment and the best investment could be the Bitcoin, In short term market could do anything but if a person is in there for a long run Bitcoin is powerful, Bitcoin is Gold standard for the crypto market it runs the markets, Just trading it isn't the good idea, Some people can but not most of, People who use it as an investment instrument they have odds in their favor they are likely to make money out of it, Countries are simply in it just to Protect there value most of them not in it for making money.

Bitcoin has been a significant uptrend amongst all cryptocurrencies and Despite that government intentions was to centralized Bitcoin for their benefits, it's still showing significant potentials for long term growth and it's adoption can generate increasingly Investors.
Perhaps,the whole expectations of the governments cannot outweigh the market unpredictability,the Bitcoin market is Indeed bigger in terms of majority market approach.

Bitcoin's increasing trend will continue this year and even in the years to come because as long as Bitcoin's market cap can continue to increase every year, it proves that people who like Bitcoin are increasing and even Bitcoin adoption will continue to spread to all countries because the government in each country also wants to gain profit through Bitcoin even though they cannot control Bitcoin like they control the circulation of fiat in their respective countries. And one more thing is that new investors who want to have Bitcoin will also increase if this Bitcoin adoption trend can continue to grow from one country to another.

Yesterday, I was reading an article that suggested that Bitcoin price would've probably gone past the current ATH if some governments of different countries especially the US government didn't show interest in it. The article also emphasized that they've seen that there's great future potentials of Bitcoin which is why they decided to invest in the future.
Government recent involvement in Bitcoin seems to affect the uptrend that Bitcoin was supposed to be enjoying at the moment but they can't control Bitcoin market for sure so I strongly believe that on the long run probably when they're done buying large amounts of Bitcoin, the price of BTC is going to skyrocket.

Care to share this article? I am curious to see why they think this is the case. My assumptions is that maybe the market has become too dependent of what is going on with the US government that they are losing interest whenever Trump is not mentioning bitcoin. But some people believe that Trump's involvement with bitcoin made it rise even more.
Even if they wanted to I do not think that they can easily control the market. They can try and I think Trump has tried doing it to his own coin but not to bitcoin.

Maybe all we needed for now is the way we could see more beyond the growth in bitcoin adoption, but how we could actually see more improvement on the approach our government are giving to this same bitcoin and make it more recognized for use and adoption, its not bad if we can see the way US is having a turning approach over its initial way of going against crypto, now if they can come to support it, then we expect form more countries to join in its adoption and we may move from being a reserved currency to more adoption as a legal tender by other countries.

Of course it is undeniable that Bitcoin adoption will continue to increase from year to year which will make Bitcoin's market capitalization continue to increase, and besides its supply is very limited and cannot be changed which makes more and more people want Bitcoin as a promising asset and can store proven value, because more and more institutional investors and retail users are entering the market which causes its price to continue to increase significantly and continue to increase as we see its traces, and the price of Bitcoin continues to increase from year to year.

So the adoption or growth of Bitcoin users will continue to grow and more and more people from various circles will be involved from time to time, and currently the name Bitcoin is no longer foreign and everyone already knows it, it's just that there are still some who doubt it but in the end they will still be involved including countries.

El Salvador has adopted it a long time ago but it is not a tier 1 country so maybe that's why you ignored it. And USA is the world most powerful country (at least, that's what they said) and everyone else follow their footsteps therefore until they have not allowed it, other countries won't allow it. The example is right in front of us, as you said it is being adopted in Brazil and here in my country crypto has been made legal again.

This time I think it won't be declared illegal again, as it has been declared illegal again. This is not good that these countries are following USA, but I think they have to because most of these countries follow because they took loan from IMF.

A way beyond just market growth I can't seem to picture it only with Bitcoin becoming a legal tender globally; I just seem to not like the idea or even fully support the idea of Bitcoin becoming a legal tender if it happens. That's good, but it's not something to hope for, as there is little that can be done for Bitcoin.

I prefer a country with a neutral law on Bitcoin, where the citizens are the ones who can decide what they can use as a payment option and what they can't, and the law won't punish them for their decision – a neutral law in a country where the government doesn't have to make too many policies that will shake the minds of holders all in the name of making it a legal tender or forcing unbelievers against their will.

If you believe in market cycles, this year should be a bullish year for bitcoin as well as the entire market, but with Wall Street involvement and the US government intervention. That's messing things up, the market cycle is not guaranteed and will probably break. That is why many people are unhappy that the market is so dependent and dominated by the US government.


The US holds the world's money printing machine, they control the world economy, they can do whatever they want, let alone a small market like bitcoin that can be immune to them. They are the financial center of the world and bitcoin is just a small part of the financial market, don't underestimate them and think bitcoin is invulnerable.

Initially, we expected the US to have a Bitcoin strategic reserve, but it has not been fulfilled by the current Bitcoin enthusiasts. I don't know how much of an impact it will have on the crypto space and how much you believe it, because when big investors and countries buy Bitcoin, they try to buy it cheaply, they can use this move and this strategy. But we expected that by buying millions of Bitcoins, they would create a Bitcoin strategic reserve, but that didn't happen.

The move to include other altcoins, including Bitcoin, the US White House crypto conference, a key moment for the world around the world, is actually creating new perspectives. It’s a huge change that can create new perspectives about global economy and digital economic system. I think you’ve said right it can create a competition in truth here has started to create different countries around the world that we’ve already learned but there are some countries who still regard crypto as illegal. And it has become a powerful financial asset for institutions of different countries around the world, as Bitcoin is so fast not only for digital currencies but also for a new era in the global economic range.

But what is certain is that bitcoin can still stand alone, even without any country adopting it, bitcoin will continue to grow, we can see the growth of bitcoin from the beginning until now, slowly experiencing very significant growth. Indeed, the steps taken by the US towards crypto at this time could be more or less affected, especially since they are a superpower, but what I want to convey is that bitcoin growth does not depend on a country.

For now, the policy implemented by the US even has the desire to reserve bitcoin as a state reserve asset, of course they will hold bitcoin. The reason is simple, they want to dominate, so they can become market makers. They already hold the Dollar, where the Dollar can control the world economy. So they don't want Bitcoin to get out of their control, but in reality bitcoin can never be controlled. Indeed, this is a positive development for the crypto world, but what I want to convey is that even without the news, I am still sure that bitcoin will move in a bigger direction.

And when it comes to bitcoin issue anything that will be positive on the market because anything that will now positive is were the expectation of people are always going towards positivity always because there interest is always what they are after when they decide to invest.

And the Bitcoin reserve is something that everyone have been waiting for the next step the US government we take about the Bitcoin reserve and since it was promised I think a little time is need for its execution, and what everyone might be thinking is that the moment they make there purchase the price will go up and that is even certain but sometimes you never can predict what is actually going to happen so it's either way round so we have to prepare our minds towards a better goal because, you can not always get what you want in bitcoin, when you have hope that the price will go up that is exactly when the price will start coming down so the whole thing just have its own timing, patience is just the key to having a successful relationship with the investment.

It's happening, officially. Once rejecting Bitcoin, the machine now dips gently, bureaucratically, but clearly into the pool. First the White House summit, then, reserves? That is groundwork. Rather than just testing ideas, the US focuses on maneuvering into positions of strength. Using Bitcoin is a deliberate attempt to offset dangers they find in their own conventional financial setup.

Actually, what's going on? Legitimisation through containment. The state holds crypto not to embrace it but rather to tame it. Control it. taxed it. Cage it. If enough countries follow, we run the danger of a layer of organized custodianship erasing the decentralized principles. Adoption, this time, becomes the paradox: adoption = validation = risk.

Don't fall for the high by itself. Governments joining the Bitcoin party might suggest the resistance needs to change rather than freedom is almost here. Sovereignty is the final destination; adoption is not. The actual game is still: Who has the keys? Who sets the rules? Who builds outside the old walls?

Maybe the US lead by president, Donald Trump do not want to buy Bitcoin now that the price is still high, maybe they want to buy during the bear market that is expected to come by next year after the bull market ends this year. Maybe they have plans, that is why they have not announced their purchase. Bitcoin is not growing in rapid state anymore but it did grow last year by the last quarter ending. And also when the strategic reserved news was announced. It could also be that the US government have already bought Bitcoin but they do not want to announce it yet. When Bitcoin in those large quantities are being purchased, they do not do it directly from the exchange market but do it in private deals with exchanges to avoid it affecting the market that much.

already we can see countries who are looking into buying bitcoins and trying to put bitcoin into their reserves other countries are finding ways to make use of bitcoin like using it as payment for global trades

because the truth is at this time if you are not in crypto you are falling behind

It's no longer a matter of time it is now, we all can see the rapid growth of Bitcoin and US is a big force to that regard

Yep, countries are into BITCOIN right now, they are looking for an innovative solution to the current state of the market and they find bitcoin as a good asset. If they're starting to recognize bitcoin right now, what more will happen in the next year 4 years when halving happened again, the narrative will still go on and everything about bitcoin is gonna be bullish. You really need to adapt in cryptocurrency, you really need to have some time learning this new assets because it connects us to the other countries and can even make good profit with right decisions any time.

It should, it has been consistent for years now and those who have been is and will continue to benefit from it.

The chart showed 74500 in early April and now it is a very significant support level. It stands out right now, and that's why I think that if there is a strong correction (although we've already kind of adjusted) then market participants may well psychologically look out for this price again and start buying from it. It is unlikely that a drop will occur to the next support level: 49000. It's just that then it would have been a fall, and as many analysts have written here (in Bitcoin topics), and indeed many analysts write, the current movement has all the indicators of a correction, not a fall.

Those who also know why BTC does grow up will also stay afloat, because, frankly, without understanding why, there is little to no reason to hodl for long for many out there, they see only short term perspectives.