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Showing 4 of 4 results by Sceptre_
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Board Bitcoin Discussion
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Why US Government Emerges As One Of The Largest Bitcoin Holders
by
Sceptre_
on 27/06/2024, 00:56:52 UTC
The U.S. government's involvement in the BitcoinBTC market has been notable, with Jameson Lopp, co-founder of Casa, tracking their activities since 2014. The government has seized and sold at least 195,091 BitcoinsBTC, making a profit of over $366 million. Currently, it holds 213,546 BitcoinsBTC, valued at over $13 billion, positioning it as one of the largest BitcoinBTC holders globally. This significant holding underscores a growing acceptance of cryptocurrencies as a legitimate asset class. Meanwhile, the German government holds 46,359 BitcoinsBTC, making it the fourth-largest sovereign BitcoinBTC holder behind China and the UK. These substantial holdings by major governments highlight an increasing interest and involvement in the cryptocurrency market, reflecting a broader trend of recognizing BitcoinBTC as a strategic financial asset. The legitimization of BitcoinBTC by such influential entities not only impacts market dynamics but also suggests an evolving regulatory landscape and a shift in economic strategies to include digital currencies.
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Board Press
Re: [2024-06-14] Investors Withdraw Funds from Spot Bitcoin ETFs
by
Sceptre_
on 15/06/2024, 13:53:56 UTC
Bitcoin price volatility seems unending. BTC was below $67,000 while writing this article. Volatile movements also reflect on spot Bitcoin ETFs. One day sees significant inflows, another sees outflows. Price instability likely makes spot Bitcoin ETF investors pessimistic. We observed such pessimism yesterday. Let’s look at the details.

Read the full article here: https://en.coin-turk.com/investors-withdraw-funds-from-spot-bitcoin-etfs/
Bitcoin's future hinges on its fixed supply of 21 million coins, with 1.5 million yet to be mined by 2140. This scarcity underpins its deflationary nature, crucial for valuation. Halving events, where mining rewards halve every four years, slow supply growth, expected to cease by 2140. Historically, each halving spurs price spikes; 2012 saw Bitcoin soar from $12 to $1,000, and 2020's halving drove prices above $60,000. Institutional adoption, economic uncertainty, tech advancements, and clearer regulations are key demand drivers, pointing to a lucrative path to Bitcoin's deflationary apex and heightened value.
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Topic
Board Bitcoin Discussion
Re: Forum moderation policy
by
Sceptre_
on 14/06/2024, 20:51:34 UTC
"lot of crap falling from the skiy these days"


what about a "last edited %CLOCK%" function for edited posts?
so we can swear
 
Post
Topic
Board Bitcoin Discussion
Re: btc purchases
by
Sceptre_
on 14/06/2024, 10:58:01 UTC
The hashrate, or computational power, of Bitcoin is a key indicator of the overall health and security of the network. A rising hashrate typically signifies an increase in the number of miners contributing their computational power to the network, which in turn strengthens the network's security. Conversely, a falling hashrate can indicate that miners are exiting the network, potentially due to factors such as unfavorable market conditions or increased competition. BTC