You are reading a single comment by @user116219 and its replies. Click here to read the full conversation.
  • Unless lobbyist billionaire techbros manage to get the BTC Act passed. Conceivably, which would likely boost demand in the shirt term, but could conceivably be a precursor to the techbrogovernment adopting it as some sort of reserve asset, and giving it some actual value beyond buying weed and speculative hodling.

  • The BTC act, as widely discussed and speculated on as it is, must already be considered to be priced in, and either the failure to pass the act, or the failure to follow through and actually create a ‘strategic BTC reserve’ (because why?…and because US could only fund such a strategy through even more debt) might prove to be the catalyst for the rugpull umder the current price. Politicians obviously say a lot of things to get elected, and this notional strategy might be more “vibes” than coherence

  • I would agree with you having participated and witnessed the last crypto bull run. When everyone was preaching adoption and prices reaching above 100k no one saw it coming. Feels eriely the same as the previous time we went into a bear market. Trading psychology will never change

About

Avatar for user116219 @user116219 started