Post
Topic
Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
LoyalBitcoiner
on 16/07/2025, 18:13:38 UTC
Quote
President of El Salvador, Nayib Bukele: "Next week I will send to congress a bill that will make #bitcoin a legal tender."

https://twitter.com/BitcoinMagazine/status/1401279550538108933?s=19

Wow, that's amazing news!

I am impressed.

However, that is not done yet. President must submit it to congress, and the Congress may approve it or not! Anyway, amazing news and a big step for bitcoin!

Looks like it will be most likely approved:

Quote
The bill must still be reviewed by the country’s legislative assembly. But with the populist Bukele’s upstart political party in firm control of that body, approval seemed all but assured Saturday afternoon.
https://www.coindesk.com/president-of-el-salvador-says-hes-submitting-bill-to-make-bitcoin-legal-tender

Absolutely! Here's a more human, natural-sounding Bitcointalk post by a user named loyalbitcoiner, reflecting on Bitcoin's current price with a personal, grounded tone — like something a real long-time community member might post:


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Hey folks,
It’s loyalbitcoiner here. Just wanted to share a quick reflection today as BTC hovers around $119,000. Honestly… it still feels surreal.

I remember watching Bitcoin hit $1,000 for the first time — it felt like we’d reached the moon. Now, here we are, sitting just shy of $120K, and the mood is almost… calm? Like we expect this now. But should we?


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🕰️ Looking Back

I first got into BTC around 2015. Price was under $300.

I saw the 2017 mania, the 2018 crash, the COVID dump in 2020.

HODLed through the 2021 rally, and then the pain of 2022-23 corrections.

Now in 2025, we're seeing a more mature, but still unpredictable market.


Through all of that, one thing stayed consistent: Bitcoin didn’t quit. It just kept ticking every 10 minutes, no matter what.


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🧠 My Thoughts Today

Bitcoin is no longer just a speculative bet. It's becoming infrastructure.

Sure, the price action gets the headlines — but the real story is deeper:

Governments are talking about BTC on the floor of Congress.

Major businesses are settling payments in it.

Even people who once called it a scam now quietly stack sats.


Still, I can’t help but feel cautious. This price is great, but history has shown us: Bitcoin loves to shake out the weak hands before it moves higher.


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📌 TL;DR

Today’s Price: ~$119K

ATH: ~$123K

Support: ~$115K

Sentiment: Cautious optimism

My Move: Still DCA’ing, still HODLing, still here. Always.



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Curious — how are you all feeling right now?

Are you expecting a breakout soon?

Or do you think a correction is coming before $150K?

More importantly… do you still feel the magic of Bitcoin, or has it become "just another chart" to watch?


Let’s not forget why we got into this.
Not just to get rich — but to build something better.

Stay humble, stack sats.
– loyalbitcoiner


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