$Bitcoin (BTC.CC)$ WOW! this story is just coming out right ...
$Bitcoin(BTC.CC$ WOW! this story is just coming out right now Trump said under his presidency "He would create a Bitcoin reserve" . meaning the federal government would buy billions and billions and billions of dollars worth of bitcoin and hold it just like gold just like oil they would hold it. so now think about it what if they buy 50 billion worth of bitcoin what's the price going to do?? what if they buy 200 billion worth of bitcoin??? the price of Bitcoin bitcoins price it'll go to several hundred thousand dollars... they just said potentially it would hit a million by 2029 under Trump's program of a Bitcoin reserve!!
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103400781 : Then everyone would be multimillionaires
10baggerbamm OP 103400781 : only those that own it or a leveraged ETF on it.. but imagine all he has to do is say it when he's president and then with a stroke of a pen it's by executive order it's done that's simple done so you want to talk about a trump trade holy shit 65,000 to a million that's a Trump trade right there. if the US would do that every other Nation around the world do it instantly.. they would do it. and since Bitcoin has a finite supply what's going to happen to the price
10baggerbamm OP newstock : so then let's do this we own it long you short it and let's see where you are 6 months from today a year from today with your short position don't sell it if it goes down a dollar or $2 and pound your chest and say a year hold your short position.. and all you got to do is buy the Bitcoin bear ETF the 2x leveraged one that's it and according to you you're going to win you're going to be right and everyone else is wrong
103400781 : How about MARA?
10baggerbamm OP 103400781 : Mara and cleanspark are going to rally out of sympathy there's no question about that but at the end of the day I think what you want to just own is Bitcoin so either you buy it in a wallet or you buy it in a leveraged ETF because if Bitcoin goes to 200,000 that leveraged ETF on a percentage basis is going to go up twice as much. so who cares about paying a 1% fee that's taken out of NAV and who cares about price decay of a few pennies which is all factored into the nav because they use options for leverage.. BITX
newstock : it seen that you are not understanding the situation, good news means bad news for the market, and bad news means good news for the market, you guys dont get it do you? but at the end do you and be happy right?
10baggerbamm OP newstock : Trump has supported crypto he is embracing crypto explain to me how that is bad for the market?
newstock 10baggerbamm OP : i am not going to explain it to you, if you been in this roller coaster for a while you should know how does it work right? if you dont is because you are been paid to say the opposite or you dont know, in that case bonne chance!!!!
10baggerbamm OP newstock : Bitcoin is deemed as risk on meaning when the stock market would rally it would go up when it's risk off it goes down the variable which is never been there is anybody like Trump saying he supports it let alone saying that he will establish a reserve a Bitcoin just like the US gold reserves just as the strategic oil reserves so I don't think you know what the fuck you're talking about
newstock 10baggerbamm OP : ok
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