Trump's Bitcoin advisor David Bailey to execute $1B Bitcoin buy tomorrow

[BTCETFInvestor]

This will be interesting!

Trump's Bitcoin advisor David Bailey to execute $1B Bitcoin buy tomorrow, Tuesday, August 12th!

► https://cryptobriefing.com/trump-bitcoin-advisor-smash-buy/

[Maslate]

So $763 million magically turned into “$1 billion” just for the headline? Yeah, I guess rounding up by a couple hundred million makes it sound fancier.

It’s still a huge buy, no doubt, but come on… just say the real number. No need to dress it up like it’s some record-breaking move.

Trump’s crypto adviser to ‘smash buy’ $762M of Bitcoin this week

[melinoe]

So $763 million magically turned into “$1 billion” just for the headline? Yeah, I guess rounding up by a couple hundred million makes it sound fancier.

It’s still a huge buy, no doubt, but come on… just say the real number. No need to dress it up like it’s some record-breaking move.

Trump’s crypto adviser to ‘smash buy’ $762M of Bitcoin this week

Headlines love to hyperbolize stuff.

 

[Maslate]

So $763 million magically turned into “$1 billion” just for the headline? Yeah, I guess rounding up by a couple hundred million makes it sound fancier.

It’s still a huge buy, no doubt, but come on… just say the real number. No need to dress it up like it’s some record-breaking move.

Trump’s crypto adviser to ‘smash buy’ $762M of Bitcoin this week

Headlines love to hyperbolize stuff.

 

But when it gets to the point of misleading people, that’s a problem. This kind of news is huge, it’s basically a green light for people to start buying. And you know how it is in crypto… the moment they hear big money is coming in, trust levels go up and everyone piles in.

[FortuneFollower]

So $763 million magically turned into “$1 billion” just for the headline? Yeah, I guess rounding up by a couple hundred million makes it sound fancier.

It’s still a huge buy, no doubt, but come on… just say the real number. No need to dress it up like it’s some record-breaking move.

Trump’s crypto adviser to ‘smash buy’ $762M of Bitcoin this week

Headlines love to hyperbolize stuff.

 

But when it gets to the point of misleading people, that’s a problem. This kind of news is huge, it’s basically a green light for people to start buying. And you know how it is in crypto… the moment they hear big money is coming in, trust levels go up and everyone piles in.

Be it 1 bill or 763k of $, the effect would remain the same for the people that follow headlines rather than technicals or BTC overall, don't you think?  

[pooya87]

Be it 1 bill or 763k of $, the effect would remain the same for the people that follow headlines rather than technicals or BTC overall, don't you think? 

~2 days later and the market has not shown any kind of reaction to this news considering price movement is the same as before. This means regardless of its size, this article is as meaningless as the exaggerated title OP chose

[betswift]

~2 days later and the market has not shown any kind of reaction to this news considering price movement is the same as before. This means regardless of its size, this article is as meaningless as the exaggerated title OP chose

Headline makes all the difference - and OP made sure someone would click on it

[Tungbulu]

Be it 1 bill or 763k of $, the effect would remain the same for the people that follow headlines rather than technicals or BTC overall, don't you think? 

~2 days later and the market has not shown any kind of reaction to this news considering price movement is the same as before. This means regardless of its size, this article is as meaningless as the exaggerated title OP chose

The market's indifference and reactions to the news is indeed telling. Whenever there's a news that people consider to be significant like this and the Bitcoin price is not affected by it the way it's anticipated, the major guesses  are either the market doesn't consider the news to be material or it has already priced in the information.

This shows how crucial and important it is to separate signal from noise in financial markets. With all the day to day news and how fast it takes for information to spread, it's pretty easy for sensational headlines to attract the attention of people, but just as you've rightly pointed out, the substance of these news may not always justify the hype.

[EluguHcman]

So $763 million magically turned into “$1 billion” just for the headline? Yeah, I guess rounding up by a couple hundred million makes it sound fancier.

It’s still a huge buy, no doubt, but come on… just say the real number. No need to dress it up like it’s some record-breaking move.

Trump’s crypto adviser to ‘smash buy’ $762M of Bitcoin this week

That is a media place where anyone can just talk or beat around the bushes as much as they like. I am either not  keeping the move on track because I may end up troubling my mindset with the expectation that they are going to buy Bitcoin while they would never do.

However, I will admit the subject of the news will somewhere trigger investors sentiments to buy while it all goals to positively influence the market. I would not want to really say the CEO @  David Bailey was full of hype after reading through the news.

Let us stay and watch. If keyed in and executes all that said, it will be a key influence on the positive direction for investors.

[hugeblack]

While the news speaks of investing in Bitcoin, it appears to be an indirect promotion for a PIPE. Generally, given the current market capacity, such investments will not significantly impact the price.

[fikrett]

While the news speaks of investing in Bitcoin, it appears to be an indirect promotion for a PIPE. Generally, given the current market capacity, such investments will not significantly impact the price.

Bitcoin is far from being affected by the news that much, and that's truly a good thing..

[Lida93]

Be it 1 bill or 763k of $, the effect would remain the same for the people that follow headlines rather than technicals or BTC overall, don't you think?  

~2 days later and the market has not shown any kind of reaction to this news considering price movement is the same as before. This means regardless of its size, this article is as meaningless as the exaggerated title OP chose

Are you surprised about that? Od course you won't be surprised as we all know that the US don't buy bitcoins, for all the bitcoins in their custody has been those they seized as a result of some relations with alleged criminal connections to the coins. If this news were coming from countries like El Salvador or Pakistan we would have seen price taken some uptrend move because they are countries that actually buys and stack BTC.

[FortuneFollower]

Be it 1 bill or 763k of $, the effect would remain the same for the people that follow headlines rather than technicals or BTC overall, don't you think? 

~2 days later and the market has not shown any kind of reaction to this news considering price movement is the same as before. This means regardless of its size, this article is as meaningless as the exaggerated title OP chose

FYI - I didn't choose the title - It IS the title!!!

Look here: https://ibb.co/yB6QSv6c

I did think initially about it, but you can add up that it's the news title in the thread's name, to be clear about it..

[Free Market Capitalist]

Be it 1 bill or 763k of $, the effect would remain the same for the people that follow headlines rather than technicals or BTC overall, don't you think?  

~2 days later and the market has not shown any kind of reaction to this news considering price movement is the same as before. This means regardless of its size, this article is as meaningless as the exaggerated title OP chose

Are you surprised about that? Od course you won't be surprised as we all know that the US don't buy bitcoins, for all the bitcoins in their custody has been those they seized as a result of some relations with alleged criminal connections to the coins. If this news were coming from countries like El Salvador or Pakistan we would have seen price taken some uptrend move because they are countries that actually buys and stack BTC.

It's wonderful that you've earned four merits for not understanding anything, just like almost everyone else who has commented on the thread, starting with the OP. The fact that Bailey is making a purchase for the Nakamoto company, and that he has a relationship with Trump, has nothing to do with the US buying or not buying bitcoin, but you and the others continue to do your thing. I foresee a multipage thread with multiple comments following mine criticizing how the alleged (and false) US purchase has not affected the market.

[betswift]

It's wonderful that you've earned four merits for not understanding anything, just like almost everyone else who has commented on the thread, starting with the OP. The fact that Bailey is making a purchase for the Nakamoto company, and that he has a relationship with Trump, has nothing to do with the US buying or not buying bitcoin, but you and the others continue to do your thing. I foresee a multipage thread with multiple comments following mine criticizing how the alleged (and false) US purchase has not affected the market.

Either way, it wouldn't push the price anywhere for long, imo.

But, yeah, in the news, the original link, I mean, there is no sign about US doing it directly.

He is the advisor, not the state itself

[betswift]

It's wonderful that you've earned four merits for not understanding anything, just like almost everyone else who has commented on the thread, starting with the OP. The fact that Bailey is making a purchase for the Nakamoto company, and that he has a relationship with Trump, has nothing to do with the US buying or not buying bitcoin, but you and the others continue to do your thing. I foresee a multipage thread with multiple comments following mine criticizing how the alleged (and false) US purchase has not affected the market.

Either way, it wouldn't push the price anywhere for long, imo.

But, yeah, in the news, the original link, I mean, there is no sign about US doing it directly.

He is the advisor, not the state itself

Exactly! Not sure why it wasn't understood when it clearly stated 'Trump's Bitcoin advisor David Bailey'. Maybe there's a language barrier or not understanding Trump's administration... 

Sometimes, everybody gets carried away, no biggie.

It's okay to make mistakes, it's not okay not to learn from them..

[Haunebu]

What exactly is the point of these threads? No one in their right mind trusts what the clown Trump and his puppet administration say or do regarding cryptocurrencies like BTC etc and the market price movement(No Reaction) has pretty much proven that.

There is nothing interesting about these sort of moves which is why it's all pointless speculation.

[Z-tight]

It is a big buy for Nakamoto Holdings Inc, as they are working on the final details of their merger with KindlyMD, correct me if i am wrong but i believe this purchase will happen after the merger is complete.

However, reading the vision and ideas of Nakamoto Holdings, it is obvious that it is going to have a good impact on BTC, especially in the long run. Some of these visions are accumulating BTC as a reserve asset, going public and as such giving investors exposure to BTC through stocks, etc

[Dareo]

It is a big buy for Nakamoto Holdings Inc, as they are working on the final details of their merger with KindlyMD, correct me if i am wrong but i believe this purchase will happen after the merger is complete.

However, reading the vision and ideas of Nakamoto Holdings, it is obvious that it is going to have a good impact on BTC, especially in the long run. Some of these visions are accumulating BTC as a reserve asset, going public and as such giving investors exposure to BTC through stocks, etc

You are right the purchase will presumably occur after merger will be concluded. According to what I read regarding Nakamoto Holdings and their intentions it appears that they have a long-term plan, which can be deployed towards the adoption and image of Bitcoin in the market place. Building up BTC as reserves on the balance sheet only further lends credibility to Bitcoin as a store of value and once they go public this will allow traditional investors a less strenuous route to gain exposure without having to buy Bitcoin directly. Such a move is also likely to get the attention of the media and this increases awareness. Provided they are done right it might impact the price of the Bitcoin and the confidence in the market favorably in the future years.

[avp2306]

Be it 1 bill or 763k of $, the effect would remain the same for the people that follow headlines rather than technicals or BTC overall, don't you think?  

~2 days later and the market has not shown any kind of reaction to this news considering price movement is the same as before. This means regardless of its size, this article is as meaningless as the exaggerated title OP chose

Are you surprised about that? Od course you won't be surprised as we all know that the US don't buy bitcoins, for all the bitcoins in their custody has been those they seized as a result of some relations with alleged criminal connections to the coins. If this news were coming from countries like El Salvador or Pakistan we would have seen price taken some uptrend move because they are countries that actually buys and stack BTC.

It's wonderful that you've earned four merits for not understanding anything, just like almost everyone else who has commented on the thread, starting with the OP. The fact that Bailey is making a purchase for the Nakamoto company, and that he has a relationship with Trump, has nothing to do with the US buying or not buying bitcoin, but you and the others continue to do your thing. I foresee a multipage thread with multiple comments following mine criticizing how the alleged (and false) US purchase has not affected the market.

They are been mislead and  Trump doesn't have any involvement in this purchase. The person is a crypto advisor of Trump and maybe some people are just been hype then think about the involvement of President this decision.

But the fact that this purchase is for Nakamoto Inc. I think the accumulation is the same with other did on which they create a Bitcoin Strategic reserve for their company.

They better read the article they are showing, so that they could understand the content and other context of their planned Bitcoin accumulation.