Yep, it's a bit unexpected to rise this much right now, I was expecting a little dump before this.
Does it mean that the upwards pressure has build up so heavily so even a scandal like this doesn't stop it? Maybe. Is it only a pump? Maybe, although it would be strange.
Right now the current movement rises more questions than answers in my head.

Investing in Bitcoin is cool and all, but if they don't believe in Bitcoin, they'll dump just as hard as they initially bought in.

I like the Grayscale's 'drop Gold buy Bitcoin' campaign ad. It's the first time a wealthy entity actually does high level marketing for Bitcoin, which is petty neat. Time will tell whether it will help them attract more capital, but it's at least raising awareness, making Gold bugs react to it in a not so friendly manner. Some people got their teeny weeny triggered.

Grayscale at current levels holds $1.2 billion in Bitcoin, which is just over 210,000BTC. Not a joke.

Well this just looks like another drama and another one of the attention seeking news. I wonder who would he reveal after the count down maybe just another random names. But if it is true that they would unveil Satoshi then they need a solid proof that they are really unveiling the true creator of Bitcoin.

We live in a world where our online IDs are in the hands of the government and banks, and we rely on them to keep it secure. Blockchain IDs on the other hand, put you and you only in control. Therefore, you can store all your passwords and any other personal information on the blockchain, eliminating the need of passwords in everything. In the future, these ID services could be applied to government services, medicines and any other record keeping agency. Blockchain system exist to combat greed and middlemen and to give individuals ultimate control of their identity and activity. In a blockchain future, we will see a world where our medical records are immediately available if we are in an accident; where online voting was possible; and where transparency was paramount and greed is disincentivized.

The HTC executive was quoted by the Central News Agency saying that the value of blockchain as analogous to the commercial value of petroleum from the early 20th century, in terms of the impact he expects blockchain to make on a global economic scale.

Hindi po natin alam kung ano talaga  tunay na kasarian ni satoshi nakamoto or kung grupo, organisasyon ba silang gumawa ng Bitcoin. Alisin mo nalang siguro yun "Mr." na word. anyway salamat din at na naibahagi mo etong importanteng history from bitcoin, malaking tulong to sa mga pinoy na medyo mahirap umintindi ng Ingles.

Gaano nga ba kalaki ang impact ng mga scams at mga negatibong balita tungkol sa bitcoin? Ano sa palagay niyo mga kababayan?

I read the Forbes article earlier today, and it talks about Grayscale holding 1.2% of all the Bitcoin in circulation. Couldn't verify that myself, but does anyone know if they really have 176k++ BTC in custody? That's one big ass piece of whale even if they're only managing it for clients.

The #dropgold ad I watched is a little silly. Silly people in Armanis running like they've never actually run in real life. I tell you, if someone gave me a cart of gold bars I'd take it instead of going to Grayscale to "buy Bitcoin" only so that they can "take care of it for me".

I do not see the point of this post. Yes, you outline some cons and pros, but is that what really matters? For me, what matters is if it has legality and if it is readily accepted by everyone. But for now, those are not yet true in bitcoin.

Most countries of the world are now moving towards crypto regulations and that to me is a welcome development since cryptocurrencies will not be outrightly ban which is almost impossible. The Indian government is already on this bill since 2018 and uptil now nothing have been done in regard to that. The most aspect the government is interested in is in the area of security of investors found and tax.

  Agree, one of the main reasons why people loved bitcoin decentralization is due to anonymity. Crypto millionaires feel secured because they can store as much as they can without getting their identity disclosed.

There was a case here in our country were a woman involved in crytocurrency got robbed at home and killed, which I think happened last 2017.

That is why it is best to remain anonymous even if you are just holding a decent amount of bitcoin, for your own safety.

They are not real articles. They might be paid for promotional ads that are made to appear like news articles.

Currently, Bitcoin (BTC) has reached 2.01% for $ 5,517.37 and a trade volume of $ 14,628,591,182 in the last 24 hours. Do you think it will reach $ 5,700 mark or maybe it's going to surpass that level?

Don't think that normal businesses have no fraud, they also steal hundreds of millions, banks do it, businesses of all types do it, investment businesses do it. Just because the headlines are like that for crypto it doesn't mean it only happens here. There is MASSIVE fraud out there not involving crypto, billions and billions of dollars, if we knew the real figure it would make the 1.2b seem like dust.

In large transactions, yes, bitcoin could be useful and viable to move funds around easily, but if we're talking about instant and fast payments, other cryptocurrencies might be useful and sort of preferable in those situations. Of course, current payment processors would surely adapt the technology embedded on different blockchains and better themselves, creating a payment ecosystem with wider options and safe alternatives for the consumers to use.