The title is misleading, they are "considering" and this is a "suggestion" by Crypto pundits to lower the taxes so more public funds get into the market. Japan is sitting on billions of retirement money, in the next 10 years over 30 million people will retire on full benefits and payouts from their companies. That's a lot of 'grey' money coming into the system.

It's a good move, the government is broke. When I say broke, I mean 25 years of not making a profit and printing money at the behest of the US Federal reserve because Japan and the USA back each other up to control the $USD.

There is an internal struggle in the Japanese government, the cities and high tech areas want to be tax free for start ups, especially for blockchain and AI companies. Japan wants to be Asia competitive for start ups and entrepreneurs, but because the tax system here is so archaic it needs a lot of change and improvement. BTC solves that, especially if they can get the tax rate lower.

When the Japanese insurance companies start large purchases of BTC, then we know the Japanese government is all in. XRP has been tested by most of the Japanese banks, and it's very positive news, it works. Not only does it work it is infinitely better than swift. That is something watch.

125k? It's been testing the hell outta that 54k support.
If the trend is your friend, the 6 month downward channel holds (currently bottoms at 52k) and it reverses back to the top of the channel (about 66.5k) with a few resistance points along the way. Still though, that channel is 6 months of lower highs and lower lows. Breaking that is the first step.

It's all about the stonks atm. If they continue their risk off descent, BTC is a risk on asset and will fall with stonks imo.
Any kind of currency crisis should support BTC. The unwinding of the Yen carry trade is supposedly not done. BRICS plans. etc. anything that exposes fiat for what it is.

Anyone playing swing trades on that channel has been having a good time.

Remove emotions from your reasoning.

There is no "awkward", that is a human emotion that we put on a market because we can't explain otherwise.

Gut feelings, unless you are extremely qualified, are insignificant.

We have a lot of data from past cycles, but this is a different time and different governments with different leaders (politicians).

Basically, everything is positive.

I don't really understand how listing specific and quantifiable bullish and bearish factors is putting emotion into my reasoning.  That seems like an unfair critique and a misunderstanding of my use of the term awkward.  I'm certainly not describing an emotion.

My job, and how I make a living, is to educate how blockchain works.

Nothing you said is unfair.

Nothing is awkward.

They missed the two times in 2019 and 2020 where we dipped down to $3,000ish.

ETH/BTC! The soon to be chart of everything against BTC.

In the meantime, gold up 35% in 12 months.
$2585 ath.

Bitcoin is up 127% in 12 months. What's your point?

Hi point is that gold is up 35%.  The thread is about bitcoin, gold and silver

Seems like an easy concept to understand.

Do you self direct your investments?  Seems like if you can't even understand that, maybe you shouldn't be doing that.

The tool is back like clockwork!

I don't need an investment strategy. I simply save.

For anyone who's been keeping up with Token 2049
Attached File

WATCH: Trump just made history as the first U.S. President to complete a Bitcoin transaction, doing so at Pubkey in Manhattan.

The former President then passed out hamburgers to the bargoers. pic.twitter.com/PzAXa8Jk7T

Breaking911  (@Breaking911) September 18, 2024