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

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 Wink

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.