Bitcoin is growing at a rapid pace

[Popkon6]

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, 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.

[WeedGoW]

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.

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.

[puloweh555]

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.

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.

[RockBell]

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.

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.

[death69]

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?

[$weetne$$]

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.

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.

[Reatim]

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.

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

[Redley555]

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.

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

[finaleshot2016]

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.

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

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.

[Redley555]

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

[bubilas]

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.

[john_egbert]

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

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.