Are you worried about the US Government moving BTC?

[m2017]

Personally, I believe that the US government may consider selling confiscated BTC to generate revenue for the national budget.

But it seemed to me that it was easier for them to simply print money out of thin air.

Unlike private investors focused on long-term holding strategies, the government's primary goal is to manage seized assets effectively.

I get the impression that they themselves don't know what to do with this type of asset.

The current price of BTC could present a favorable opportunity to sell and increase government funds.

The current price may not be the most favorable for selling, since further growth is quite likely.

I would like to know your views on the possibility of selling 1B USD worth of BTC from the US government:

• Do you think the US government is about to sell 15,085 BTC?

Ask them yourself. How do we know what they are going to do?

I think not now, otherwise they would have sold it a long time ago. You don’t think that the government sat and waited for the current hype to start in order to sell it more profitably?

• Will this event have a negative impact on BTC and the entire crypto market?

Of course, this will have an impact on the cryptomarket, especially if  bitcoin is sold in large quantities. Any sale (especially in large quantities) negatively affects the current price. Also, add to this the information impact of this news.

• Are you worried and changed your investment strategy because of this event?

The purpose of an investment strategy is to not deviate from it and continue to adhere to it in any case.

Why worry about it? Large sales of bitcoin periodically occur on the cryptomarket and this can be treated as a normal phenomenon.

[Ever-young]

I'm not worried about the US Government selling off  Bitcoin and it only happens in a short period of time because of selling pressure and Bitcoin we still stabilize. Therefore thinking about Bitcoin is beyond measures and Bitcoin is still the best of digital assets that have a specific amount created and No additional Bitcoin will be created and that is the sweetest part of Bitcoin business.

The only people who should worry so much about the US government selling the Bitcoin in there holdings are those who are in for quick and shot profit because once they buy and US government decides to do some sales the volume they will remove from the market will make the market drop down a little which is not going to look good especially when they sell large amount. And this kind of change can take weeks or days before it could be able to reverse and go back up again to normal which a shot trader might not be able to stay that patient.

[southerngentuk]

A single government, even a powerful one like the US, likely wouldn't cause a total market meltdown by selling its seized Bitcoin.  The crypto market is a global beast, and the US doesn't hold all the cards.  Think of it like a giant ocean – a single raindrop wouldn't cause a tsunami. Now, you're right, other governments probably have seized crypto as well.  Criminals don't respect borders, and neither does cryptocurrency.  The question is, how are these governments handling it?  There's not a lot of public data, but it's a safe bet they're figuring things out as they go.

The Silk Road auctions you mentioned are interesting.  Selling off seized coins in smaller batches is a more measured approach, and it seems to have worked without major disruption.  Smart move on their part! But let's entertain the "Satoshi Nakamoto market dump" fantasy for a second.  Even the creator of Bitcoin dumping their entire stash  wouldn't necessarily destroy the market.  The technology behind Bitcoin is what truly holds value, and that wouldn't disappear overnight.  The market might take a hit, sure, but it's a resilient beast.

[Vincom]

But it seemed to me that it was easier for them to simply print money out of thin air.

I get the impression that they themselves don't know what to do with this type of asset.

The current price may not be the most favorable for selling, since further growth is quite likely.

Ask them yourself. How do we know what they are going to do?

I think not now, otherwise they would have sold it a long time ago. You don’t think that the government sat and waited for the current hype to start in order to sell it more profitably?

Of course, this will have an impact on the cryptomarket, especially if  bitcoin is sold in large quantities. Any sale (especially in large quantities) negatively affects the current price. Also, add to this the information impact of this news.

The purpose of an investment strategy is to not deviate from it and continue to adhere to it in any case.

Why worry about it? Large sales of bitcoin periodically occur on the cryptomarket and this can be treated as a normal phenomenon.

Thank you for the extremely detailed answer. I also hope that this action of moving BTC by the US government is just to gather or prepare for a compensation event for users in the future. Although the value of these BTC is only about 1B USD, it can be bad news and is enough to cause the price increase of BTC to stall.

I also think that we should be proactive in our own long-term investment strategies in BTC instead of being influenced by news related to a few large entities in the crypto market. At least, at this point we have seen 1 BTC = 72.8K USD, investors are not worried about the event related to the US government's BTC move.

[Zanab247]

I don't care and don't feel worried, that's their business and also their right because it's not my Bitcoin and it doesn't harm me either.
And the only thing I'm worried about is if Mr. Satoshi Nakamoto sells his holdings, because that will make the price of Bitcoin drop very significantly and apart from him I wouldn't worry and also don't care about it. 

I know that Satoshi Nakamoto will not sell his BTC now because they are part of those things that is giving people mind to continue to invest huge amount of money on BTC because, they know that they will recover their capital and still add more profits at the end.

I know that government cannot stop BTC not to continue spreading, so why I my have to worry about some government plan towards BTC and, I know that BTC come to stay for good which people have experienced the good side of BTC that is giving people hope that before BTC will be crossing the age of 20, it will make many nations to adopt it for good.

[Vincom]

I know that Satoshi Nakamoto will not sell his BTC now because they are part of those things that is giving people mind to continue to invest huge amount of money on BTC because, they know that they will recover their capital and still add more profits at the end.

I know that government cannot stop BTC not to continue spreading, so why I my have to worry about some government plan towards BTC and, I know that BTC come to stay for good which people have experienced the good side of BTC that is giving people hope that before BTC will be crossing the age of 20, it will make many nations to adopt it for good.

I believe that Satoshi will never touch the first 1M BTC because Satoshi himself has chosen to remain anonymous to protect the value of Bitcoin. Satoshi will not move 1M BTC and negatively impact people's confidence.

The 1B USD worth of BTC that was recently moved by the US government may not have a significant impact on BTC price and the entire market, but extreme policies could have a heavy impact on BTC and crypto even if they do not disappear. I think we can worry about that. In the meantime, the US is still a country that does not ban crypto, and presidential candidates and lawmakers are talking about BTC, so we can be confident about the future of BTC and crypto.

• Can governments crack down on crypto?

[peter0425]

Who cares with someone moving their own BTC, if you own Bitcoin and want to move it, I don't care too. Why should I need to care with someone else financial decision? Bitcoin is just a currency, similar to fiat.

and besides how much do US government are going to see that will affect the market that big? when there are some whales that have much more than the amount US has?so we should not be alarmed by all means.

If your friends use their own money to gamble, will you intervene him and say it's not good to gamble because you only lose your money, you can use the money to give other unfortunate people instead? mind your own business.

maybe OP is just concern about what would bring this action or if this will damage the market for big movement.

[GreatArkansas]

I don't care, just DCA and hold BTC.
Why? I do believe it's not only the US country is driving or helping the Bitcoin price to climb, although they are huge and helpful countries for Bitcoin.
Because if we do rely only on government, the essence of Bitcoin is being disregarded. We must practice not to fully rely on these governments.

[Vincom]

I don't care, just DCA and hold BTC.
Why? I do believe it's not only the US country is driving or helping the Bitcoin price to climb, although they are huge and helpful countries for Bitcoin.
Because if we do rely only on government, the essence of Bitcoin is being disregarded. We must practice not to fully rely on these governments.

I agree that BTC and the crypto market do not depend on any country, be it China or the US. What I'm concerned about is how the selling pressure, if any, from the US government will affect the BTC price and the entire crypto market.

I heard that this move by the US government is only related to a lawsuit, not for liquidation. The US government has not made any further announcements, so we can temporarily believe in the latest updates.

I also share my view on the impact of government on the crypto market: the existence of crypto does not depend on governments, but it will be better for the development of crypto if it is supported by governments!

• Can governments crack down on crypto?

[SquirrelJulietGarden]

I agree that BTC and the crypto market do not depend on any country, be it China or the US. What I'm concerned about is how the selling pressure, if any, from the US government will affect the BTC price and the entire crypto market.

Total bitcoins owned by US. government is similar to total bitcoins owned by MicroStrategy, only 10,000 more bitcoins. We know MicroStrategy will continue to buy more bitcoins and Bitcoin Spot ETFs will buy more bitcoins.

If the US. government sell their bitcoins, it will cause selling pressure on the market in short term but price will recovery after dip.

If they sell and give you cheap price, it's your good chance to buy more cheap bitcoins. Your belief in Bitcoin is strong, or not strong enough, to buy that dip when it comes but I am sure MicroStrategy and Bitcoin Spot ETFs will not waste such opportunities.

https://bitcointreasuries.net/

[Vincom]

Total bitcoins owned by US. government is similar to total bitcoins owned by MicroStrategy, only 10,000 more bitcoins. We know MicroStrategy will continue to buy more bitcoins and Bitcoin Spot ETFs will buy more bitcoins.

If the US. government sell their bitcoins, it will cause selling pressure on the market in short term but price will recovery after dip.

If they sell and give you cheap price, it's your good chance to buy more cheap bitcoins. Your belief in Bitcoin is strong, or not strong enough, to buy that dip when it comes but I am sure MicroStrategy and Bitcoin Spot ETFs will not waste such opportunities.

I understand that buying and selling BTC is a part of the market, whether it comes from retail investors or whales. When someone sells, someone else has the opportunity to buy, that's normal and the market liquidity is maintained like that.

What I worry about is that large-scale BTC selling behavior can cause BTC to adjust too much, affecting the market state and making technical analysis and on-chain analysis experience no longer effective in assessing the market state and making investment decisions. If the selling action is carried out cleverly to bring the seller the most money, the market will go through a gentle re-accumulation phase and continue to grow more strongly soon after.