Post
Topic
Board Speculation
Merits 11 from 6 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
ivomm
on 23/01/2025, 22:33:58 UTC
⭐ Merited by BlackHatCoiner (4) ,hisslyness (2) ,gallianooo (2) ,vapourminer (1) ,JayJuanGee (1) ,Lucius (1)
I know everyone will find some reason to be skeptical and critical. And there will probably be a good reason. But to me, this is another historic moment for Bitcoin. What were the optimistic assumptions about Bitcoin's global success say just 4 years ago? For me it consisted of the then unrealistic dream of an ETF being approved and the even more utopian idea that there would be significant buying to influence the price. All the bankers and heads of financial institutions were against Bitcoin. Until the head of Blackrock turned around and became one of the main proponents of Bitcoin. This happened 1 year ago and we can see how the purchases are very significant and increasing over time. Not to mention what Michael Saylor is doing.

The second utopian dream was for the US to stop the war on Bitcoin and recognize it as an asset like gold. Who could have believed that the US President would speak positively about Bitcoin and take up legislation to favor it? It sounded absurd and delusional. I personally believed it, but to be honest I thought it would take 10-20 years. But it's now a fact and today marked the beginning of something unprecedented - the US owning bitcoins and building up a significant reserve. People who are Bitcoin activists have been put chairs of key commisions. Of course, this is just the beginning of mass adoption by individuals and institutions. But it is now certain that it will happen and that it will take much less time than I thought.

As usual the day traders are so short sighted that they consider this as sell the news thing.  But for me in the coming years the door for significant growth is wide open. So I think it is right to congratulate ourselves on this expected success. We are not just lucky gamblers, as some people think. We are visionaries who have confidently invested in most cases 100% of our available resources. We've endured like soldiers through all sorts of crashes for several cycles with harsh winters and temporarily sunk investments. But unlike the mindrust we have not broken. This has built us as individuals with strong character, and helps us in other aspects of life. So congrats to the whole WO gang, especially those who posted encouraging posts even in the most difficult times.  I would like to give  my sincerest thanks to LFC_Bitcoin and El duderino_ for their unwavering optimism!