pawel7777 (OP)
Legendary
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Activity: 3136
Merit: 1788
Ora et labora
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March 02, 2025, 05:47:40 PM |
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Donald Trump confirmed on Truth Social media (I created an account there just to verify the message, so you don't have to; you're welcome) that he issued an executive order to create strategic reserve(s) including multiple cryptos: First post (2h ago): https://truthsocial.com/@realDonaldTrump/posts/114093526901586124 Followed by: https://truthsocial.com/@realDonaldTrump/posts/114093946326587357 Market didn't take long to react and we're seeing a sharp incline in the price. Some exchanges seem overloaded, I struggled to log in to Kraken, it took few attempts. Further links: https://www.coindesk.com/policy/2025/03/02/trump-to-establish-u-s-crypto-reservehttps://cointelegraph.com/news/trump-says-digital-asset-stockpile-include-sol-xrp-ada
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Churchillvv
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March 02, 2025, 06:22:44 PM |
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Fun fact: He did forget bitcoin in the first place but remembered he couldn't just do anything in the market forgetting the real coin.
Saw someone said thanks for saving the market "Trump" But I say thanks for being the market to $78k bottom in the first place if not for your actions we wouldn't have seen $78k to struggle back to 95k is now a miracle he did. LoL people can't be real
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Ambatman
Legendary
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Activity: 966
Merit: 1269
Don't tell anyone
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March 02, 2025, 06:44:54 PM |
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Fun fact: He did forget bitcoin in the first place but remembered he couldn't just do anything in the market forgetting the real coin.
Saw someone said thanks for saving the market "Trump" But I say thanks for being the market to $78k bottom in the first place if not for your actions we wouldn't have seen $78k to struggle back to 95k is now a miracle he did. LoL people can't be real
Well he did to get it cheaper and knows he may not see such price again Hence this drama and plot twist. FOMO is sipping in and an ATH should be underway. Always has high hopes for March After seeing the mid boring movement and sharp decline of February.
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bittraffic
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March 02, 2025, 07:05:47 PM |
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A lot of crypto influencers now are covering this topic in their vlog. I was listening to one just an hour ago, the excitement is very extreme its like price is going to shoot to another ATH. They are hyping again for this new crypto reserve announcement.
I thought the bybit hack is going to make the market bearish already but in jsut a day the mood changes all of a sudden and the bear market is cancelled. Horray to all.
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Tungbulu
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March 02, 2025, 07:26:17 PM |
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Fun fact: He did forget bitcoin in the first place but remembered he couldn't just do anything in the market forgetting the real coin.
Saw someone said thanks for saving the market "Trump" But I say thanks for being the market to $78k bottom in the first place if not for your actions we wouldn't have seen $78k to struggle back to 95k is now a miracle he did. LoL people can't be real
I already knew for a fact that before Bitcoin would hit or go below its support level, something will definitely intervene and bring it back on course, it’s always been that way and I didn’t believe it’s just gonna change now. Boy am I glad that Trump finally made the declaration, I’m pretty sure he saw the market bleeding too and was prompted to call the shots before things finally gets out of hand. Lol
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kingvirtus09
Full Member
 
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Activity: 994
Merit: 109
Hexydog.com - Multi-Chain Meme Coin
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March 02, 2025, 07:36:51 PM |
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I know that on the first day of his inauguration as US president, he signed many executive orders and that included Bitcoin reserves. Why was the bitcoin reserves he made for their country not effective on the first day?
We even discussed it locally that if that happens, it is possible that other countries will imitate what Trump did, especially his alliances, and it will have a good impact on our bitcoin enthusiasts or crypto fanatics.
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tabas
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March 02, 2025, 08:02:47 PM |
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The bottom has been in, and I think that everyone needs to buckle up their seatbelts and position themselves well before it takes off. This show how influential he is now in the market because of his position. I know that on the first day of his inauguration as US president, he signed many executive orders and that included Bitcoin reserves. Why was the bitcoin reserves he made for their country not effective on the first day?
As you have said, it was just signed and there is a need for it to take time before it happens. As we can see, it's there already with some other choices as well. It's going to take a while before it becomes effective based on what we're expecting it however it to be.
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Zaguru12
Legendary
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Activity: 1386
Merit: 1195
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March 02, 2025, 08:37:08 PM |
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I already knew for a fact that before Bitcoin would hit or go below its support level, something will definitely intervene and bring it back on course, it’s always been that way and I didn’t believe it’s just gonna change now. Boy am I glad that Trump finally made the declaration, I’m pretty sure he saw the market bleeding too and was prompted to call the shots before things finally gets out of hand. Lol
Once again many people been driving by the FOMO again, if I can remember he had this proclamation before his election and after the election with the promise of executing it within his 100 days in office we are now almost half way there, the market sentiment reacted positively and this created the FOMO which made the ATH at $108k, Trump yet again created another FOMO by announcing his own memecoin which went up and later rekt people thereby been part of the cause of the current dip. Today this strategic reserve announcement has caused the current FOMO with the listed Altcoins pumping hard, ADA did a 60% move in an after struggling for since. With this FOMO around now it is good news for bitcoin holders and potential holders but as for Altcoins holders FOMO like this will be a trap whenever there is a dip in price again. Before the 100 days let’s see maybe the reserve will get implemented but this shouldn’t be reason why any investor should FOMO
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Fiatless
Legendary
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Activity: 1246
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
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March 02, 2025, 08:49:05 PM |
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I know that on the first day of his inauguration as US president, he signed many executive orders and that included Bitcoin reserves. Why was the bitcoin reserves he made for their country not effective on the first day?
We even discussed it locally that if that happens, it is possible that other countries will imitate what Trump did, especially his alliances, and it will have a good impact on our bitcoin enthusiasts or crypto fanatics.
I might be wrong, but I think Bitcoin Reserve was not part of the executive order Trump signed on their first day in office. I think he set up a committee that will research about the reserve policy and recommend it to him.I don't know if the committee has given a positive view of the crypto reserve policy. This is good news for the crypto industry after some challenging weeks where tariff wars and the hack of the exchange Bybit had brought some negative sentiment to the market. We are hoping to see the Trump administration start pilling up Bitcoin.
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Solodoski
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March 02, 2025, 08:49:50 PM |
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Saw someone said thanks for saving the market "Trump" But I say thanks for being the market to $78k bottom in the first place if not for your actions we wouldn't have seen $78k to struggle back to 95k is now a miracle he did. LoL people can't be real
after bitcoin seems to be going down too fast, it didn't make much sense to always check the price back and forth and then just tried to check it this night only to see the effect of this development already taking it back to $96k already? this shows how fast things can change in the crypto space and how impatience is a very bad thing that stands to limit an investor. fearful investors where already giving up on their holding and then this reserve announcement has made a huge difference in the sentiment already. this update took a bit long for it to eventually come to light but it is good to see that it didn't just end up being hyped and at the end nothing happens. nice to see bitcoin recovering and going up again.
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Jating
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March 02, 2025, 08:53:54 PM |
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I know that on the first day of his inauguration as US president, he signed many executive orders and that included Bitcoin reserves. Why was the bitcoin reserves he made for their country not effective on the first day?
We even discussed it locally that if that happens, it is possible that other countries will imitate what Trump did, especially his alliances, and it will have a good impact on our bitcoin enthusiasts or crypto fanatics.
I might be wrong, but I think Bitcoin Reserve was not part of the executive order Trump signed on their first day in office. I think he set up a committee that will research about the reserve policy and recommend it to him.I don't know if the committee has given a positive view of the crypto reserve policy. This is good news for the crypto industry after some challenging weeks where tariff wars and the hack of the exchange Bybit had brought some negative sentiment to the market. We are hoping to see the Trump administration start pilling up Bitcoin. You are right, it's not included in the executive order that he sign on the first day, that's why the crypto enthusiast felt very bad about it. But we need to remember that there are other priorities sitting on his desk. And with this announcement, the price goes to $85k-$94k, and I'm still hoping that we will touch 6 digit as the start of this week. Maybe when the other side of the globe has awaken to this good news, they are going to pour their money, like in Asia.
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Russlenat
Legendary
Offline
Activity: 3472
Merit: 1076
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March 02, 2025, 09:03:38 PM |
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Fun fact: He did forget bitcoin in the first place but remembered he couldn't just do anything in the market forgetting the real coin.
Saw someone said thanks for saving the market "Trump" But I say thanks for being the market to $78k bottom in the first place if not for your actions we wouldn't have seen $78k to struggle back to 95k is now a miracle he did. LoL people can't be real
It doesn’t really matter that Trump didn’t mention Bitcoin in his post because nothing is final yet. I truly believe that, just like any seasoned investor, they will eventually choose to hold a larger percentage of Bitcoin as a reserve as it’s the most stable and dominant coin in the market. So there’s no need to worry. That post from Trump was meant to push the entire market back into the green, and in less than 24 hours, Bitcoin has already recovered to where it was before the dump. And this is just the beginning. If this bull run continues, we could see a massive altcoin rally as well. For now, the best move? HODL.
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Kemarit
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Activity: 3430
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March 02, 2025, 09:08:41 PM |
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Fun fact: He did forget bitcoin in the first place but remembered he couldn't just do anything in the market forgetting the real coin.
Saw someone said thanks for saving the market "Trump" But I say thanks for being the market to $78k bottom in the first place if not for your actions we wouldn't have seen $78k to struggle back to 95k is now a miracle he did. LoL people can't be real
Or we can smell manipulation again? I mean why he need to wait for the price to go down as low $78,000 and then suddenly, maybe someone whisper to his ears that it's time to wake up the Bitcoin market again to make some money? Hmmm. But in any case, it's good to see the price being pump and everyone is one the FOMO again. LOL. And I just check my wallet to see how big it grows and so we can only thank Trump for it. However, it needs to be executed though, we really need it to be written and then approved and follow the Bitcoin address that the US will HODL their Bitcoin.
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Stalker22
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March 02, 2025, 09:22:10 PM |
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At this point, Id take any promises from him about crypto with a huge grain of salt. He clearly knows how to work up a frenzy. But it doesnt seem like he fully understands or respects this space enough to make good on those bold proclamations. Im sure we will bounce back from this dip like we have before. But I sure wont be making any financial decisions based on what Trump or any other politician or celebrity tweets! We have seen that movie before.
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Btcdeybodi
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In a loud world, we need privacy 🔏
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March 02, 2025, 09:24:51 PM |
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Fun fact: He did forget bitcoin in the first place but remembered he couldn't just do anything in the market forgetting the real coin.
Let us forget fun and be real here, inasmuch as he didn't include bitcoin in his first post means that he didn't give bitcoin much priority in my opinion. He named XRP, SOL and ADA before including BTC and ETH in his second post and with how bitcoin was able to skyrocket just within some hours after these posts were made, make me believe that the market is being manipulated. If not that bitcoin has been an independent coin that has stood on its own for some number of years, i could have said that it can be manipulated to crash to the minimum but i still have strong feelings that no matter how anyone (individual, organization, government and institutions) tries to manipulate bitcoin, even though it will affect the price, it will still rise again but it may not be rapidly. Politics and the government are what is causing high level of volatility in the price of bitcoin and this is dangerous considering the panics it creates when they take any actions that leads to a sudden drop in the price because if they continue with such, many people will begin to lose interests investing on bitcoin.
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TravelMug
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March 02, 2025, 09:31:47 PM |
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At this point, Id take any promises from him about crypto with a huge grain of salt. He clearly knows how to work up a frenzy. But it doesnt seem like he fully understands or respects this space enough to make good on those bold proclamations. Im sure we will bounce back from this dip like we have before. But I sure wont be making any financial decisions based on what Trump or any other politician or celebrity tweets! We have seen that movie before.
Or maybe a bag of salt? But in any case the timing of his announcement, it's weekend, but still there are Bitcoin enthusiast that might be online that see this news and then started to buy again and that's why we are where we at prior to the dump to $78k. So that is a good bounce indeed and we can see that this week might be a very good one for us. And from down -17% from February, now we are up -10% in just a single day. Everything looks bright and we are still in the target to hit like $150k-$180k in this bull run.
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Churchillvv
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March 02, 2025, 11:04:15 PM |
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Fun fact: He did forget bitcoin in the first place but remembered he couldn't just do anything in the market forgetting the real coin.
Saw someone said thanks for saving the market "Trump" But I say thanks for being the market to $78k bottom in the first place if not for your actions we wouldn't have seen $78k to struggle back to 95k is now a miracle he did. LoL people can't be real
Or we can smell manipulation again? I mean why he need to wait for the price to go down as low $78,000 and then suddenly, maybe someone whisper to his ears that it's time to wake up the Bitcoin market again to make some money? Hmmm. It has been burning since, I guess it just got to you now you just happen to smell late lol... And when bitcoin was around 82k, Eric trump said buy the dip.... hahaha> Bro just told dad I'm done buying the coins you can now pump it. Manipulation
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pinggoki
Sr. Member
  
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Activity: 1792
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★Bitvest.io★ Play Plinko or Invest!
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March 03, 2025, 01:24:15 AM |
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A lot of crypto influencers now are covering this topic in their vlog. I was listening to one just an hour ago, the excitement is very extreme its like price is going to shoot to another ATH. They are hyping again for this new crypto reserve announcement.
I thought the bybit hack is going to make the market bearish already but in jsut a day the mood changes all of a sudden and the bear market is cancelled. Horray to all.
For me, the reason why I believed that the hack didn't affect the market that much is probably because there's more people that already know how the market moves and that whatever catastrophe or bear season causing event happens, they're more calmer than they used to because that season will pass and the profits will just go up again. Regarding Trump's statement in regards to the strategic reserves, it's a welcoming thing but I really don't like that he's somewhat endorsing this kind of thing because I believe that anyone endorsing something like this has got to benefit so much from it, just a hunch though but even so, I think that it would be a really nice time to be saving up and buying those cryptocurrencies that was mentioned because the hype of the people is going to definitely pump those cryptocurrencies sooner or later, the only thing that will matter is when will it happen and we all don't know exactly when so better save up or get FOMO again.
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john_egbert
Member

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Activity: 532
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This session was never meant to bear fruit.
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March 03, 2025, 07:49:32 AM |
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I do agree with this take. This manipulation probably won't last for long, buckle up, boys 
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