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It only takes one Putin to undermine USD by buying bitcoins.
Yep.. I think that is part of the reason why the underlying fundamentals of bitcoin remains so bullish, and it could be that something like this is already taking place by some governmental officials (maybe not Putin specifically) that is causing some ongoing upwards pressures on the price, yet there remains continuing difficulties in keeping the price down..
In these regard, the longer that the price stays above $500 (and apparently substantially so at the moment), the more and more difficult it becomes to undermine.. and the word of bitcoin get's out more and more and more by some individuals who may have capacities to drive the price up in very substantial amounts.. which also causes others to follow. etc, etc.
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Governments are the biggest institutions followed by banks, that are interested in bitcoin. I'm not talking about individual officials, rather in a much broader perspective. Then again how is it even possible to measure institutional interest in something.
A lot of institutions, whether governmental, financial institutions or other private institutions engage in conduct that is less than open (and maybe even strategically in the perceived self-interest of the institution), so it can be quite difficult to measure exactly what they are doing, when they may not want to disclose certain aspects of their conduct.
Surely, some institutions will not be authorized to invest in any way in bitcoin, so in that regard, the leaders of some of those kinds of institutions would not want to take an institutional risk on bitcoin when they are a bit nervous about downside risk if things don't go too well.
I bet my excel sheets don't give as good of insight of my financials as yours do, but now I have way better overview of my financials thanks to it. I'm working on improving it, it seems that there are way more possibilities with excel than my mind can comprehend, thanks again for that.
Yep, excel is very powerful, and it can take years to learn about a lot of the tools and formulas that you can create. Probably I am using only a fraction of the potential of it, even though I have been coming up with various creativity and linkings that provide incredible assistance to me. Sometimes, also, with the passage of time, you will think up some new and creative way to add some more tools and functionality to your excel sheets.
For example, I have about 10 locations that I keep bitcoins, and I keep track of the buys and sells at each of the locations (and many times the locations are active). But I also have a separate sheet in which I keep track of my bitcoin trades and keep track of cash flow within the trades in the event that BTC prices go down or up.. and there are so many ways to play around with those kinds of linking of sheets and the data contained therein.. Accordingly, I think that having the sheets does help me to update and reassess the current status of my BTC trades and also to fairly quickly reconsider or reallocate, if needed, when I have had a lot of BTC trading activities in a short period of time.
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