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Author Topic: US presidential candidate Donald Trump will speak at the 2024 Bitcoin Conference  (Read 714 times)
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July 22, 2024, 06:20:40 AM
 #81

Guys..... Biden are not running for the election anymore, Kamala Devil Harris are now in the race and by the looks of the donations streaming in, it might be that Trump is going to get a run for his money.

He might just be a ahead in the polls with a piece of a ear (excuse the pun) .... but Kamala is going to chase him all the way to the end. The last time Trump won the election, a lot of the senators were "pro" Bitcoin, but Trump silenced them with his ideas.. so they just went dark and Bitcoin was never mentioned again. (Just election talk)  Roll Eyes

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July 22, 2024, 06:45:31 AM
 #82

That's look intresting but im sure that we will not need btc as reserve US currency. They will want to control it
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July 22, 2024, 10:51:07 AM
 #83

Three days left the Bitcoin Conference for this months have scheduled on July 25-27 in Nashville, US but regarding many bad thing recently from Donald Trump incident almost shot not sure yet will attend for this conference or Donald Trump will cancel.Actually is very good news if Donald Trump attend there and announce about his viewed about possibility make bitcoin become legal currency transaction one day later if success win the US election campaign.

I believe with Donald Trump effect waiting three days later if confirm will attend the Bitcoin Conference in Nashville and he gives his opinion and planning in the future about bitcoin will make price get pump drastically. Lest waiting with current condition after Donald Trump competitor Joe Biden withdrew as US candidate and change by Kamala Harris has potential for stopping Trump win the US election campaign?

R


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July 22, 2024, 12:26:41 PM
 #84

The real Trump pump can certainly pump bitcoin to more than $80,000 American dollars. I am very much certain of this.
The strong resistances like the one at $70K can not be easily broken ONLY with a hype (that is what the pump you are describing is). If we get to $80k in the near future it will be for other reasons.

Now in the long run, if the US government stops being so aggressive toward Bitcoin and starts removing harsh regulations (that are more like bans than regulations like the crazy AFAC censorship they are enforcing on miners inside US soil) we can see an actual boost.

Other than that, Bitcoin market will continue moving like it has always done...

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July 23, 2024, 03:02:12 AM
 #85

We are talking about politicians who support CBDCs and the skeptical me thinks that the politicians who are not declaring that they are against this, might be proCBDC. Also, the anticrypto politicians like the grandmas Elizabeth Warren and Janet Yellen, I am quite certain that they are proCBDC similar to the president of the central bank of Europe.

On whoever wins the presidency, if the campaign promises are kept, we can be quite certain that the cryptospace will pump much higher on a Trump presidency than a Biden presidency where uncle Gary will continue his crackdown.

The establishment is always against freedom. After all, crypto allows everyone to be their own bank. Dinosaurs like Elizabeth Warren, Christine Lagarde, and Warren Buffet would support CBDCs no matter what. It's all part of their plan to control the population.

I'm surprised a politician and former president is against this very idea (Donald Trump). It may be nothing more than a tactic to attract crypto lovers. We'll see. If Trump is serious about BTC, he'd propose backing the USD with it or simply make the cryptocurrency legal tender (like El Salvador did). It seems that the odds of winning back the White House are in Trump's favor, so there might be good years ahead for the whole crypto industry in America. Who knows? Cheesy

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July 23, 2024, 03:36:41 AM
 #86

On this conference if Trump does not cancel his appearance, everything he will say in his speech might pump the market to a new all time high. I reckon everything will be to make America great again and to make bitcoin and the cryptospace in America the greatest in the world. We have not witnessed the full power of this Trump pump. The real Trump pump can certainly pump bitcoin to more than $80,000 American dollars. I am very much certain of this.
This guy gets it. Trump is great for Bitcoin!

I have become bearish on Trump's appearance on this conference because everyone has begun to expect a very big pump during his speech. There might also be an occurrence that is sell the news when everyone's expectations have not given them the expected pump. If the pump is big it might continue, however, if the pump is small where traders begin to speculate that it might not pump higher, there might be a dump. But similar to what I have said before, it will recover.

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July 23, 2024, 04:05:06 AM
 #87

I have become bearish on Trump's appearance on this conference because everyone has begun to expect a very big pump during his speech. There might also be an occurrence that is sell the news when everyone's expectations have not given them the expected pump. If the pump is big it might continue, however, if the pump is small where traders begin to speculate that it might not pump higher, there might be a dump. But similar to what I have said before, it will recover.

If Trump announces that the United States will have a bitcoin reserve, it will pump the price for a while but there are too many other things going on that could also affect the price. With Biden out of the race, it makes the Democrat’s chances of winning a bit more viable, and that creates some uncertainty for bitcoin. There is also the Ethereum ETFs, Mt. Gox payouts, amongst a few of the things that could significantly impact the market.

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July 26, 2024, 01:12:29 AM
 #88

@FinneysTrueVision. On the Democrats' chance of having the victory on November without Biden, I reckon it might depend on who is the replacement. If this is Kamala Harris, I speculate that she might have a lower chance of winning. However, there are rumors that Michelle Obama might be the other choice. Her ratings in the polls and surveys are presently very low but this can be improved especially after a debate against Trump. I reckon Harris' rating will go down after a debate.

Also, Zelensky cannot contact Biden after he retired from running for president hehehehe.


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July 26, 2024, 10:42:52 AM
 #89

If Trump announces that the United States will have a bitcoin reserve, it will pump the price for a while but there are too many other things going on that could also affect the price. With Biden out of the race, it makes the Democrat’s chances of winning a bit more viable, and that creates some uncertainty for bitcoin. There is also the Ethereum ETFs, Mt. Gox payouts, amongst a few of the things that could significantly impact the market.

That would be a dream come true. Backing the USD with BTC, or the FED having some BTC in its reserves would certainly boost the cryptocurrency's market price all the way to the moon. If the USD was backed by Gold in the past, why not back it with BTC now? It's difficult, but not impossible. Trump is willing to do anything just to help attract crypto voters. We're yet to see if any of his promises will kept after winning back the White House.

I'm certain a Trump loss would be a huge loss for the crypto industry in America. We all know Democrats aren't quite confortable with crypto. Enemies like Elizabeth Warren and Gary Gensler have caused harm to the crypto industry. They're part of the Biden Administration. The only way to get them out is by voting Republican in this November's election. Whatever happens, you can rest assured crypto won't be going anywhere soon. Smiley

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July 26, 2024, 12:18:27 PM
 #90

That's look intresting but im sure that we will not need btc as reserve US currency. They will want to control it
The U.S are not going to make BTC a part of their reserves, there is no reason why they should do that, the U.S dollar is stable, and the U.S economy is a healthy one, so they have no business with BTC as a part of their reserve. BTC is decentralized, so direct control is not possible, they can only control through regulations, which they are already doing.

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July 27, 2024, 04:30:47 AM
 #91

If Trump announces that the United States will have a bitcoin reserve, it will pump the price for a while but there are too many other things going on that could also affect the price. With Biden out of the race, it makes the Democrat’s chances of winning a bit more viable, and that creates some uncertainty for bitcoin. There is also the Ethereum ETFs, Mt. Gox payouts, amongst a few of the things that could significantly impact the market.

That would be a dream come true. Backing the USD with BTC, or the FED having some BTC in its reserves would certainly boost the cryptocurrency's market price all the way to the moon. If the USD was backed by Gold in the past, why not back it with BTC now? It's difficult, but not impossible. Trump is willing to do anything just to help attract crypto voters. We're yet to see if any of his promises will kept after winning back the White House.

I'm certain a Trump loss would be a huge loss for the crypto industry in America. We all know Democrats aren't quite confortable with crypto. Enemies like Elizabeth Warren and Gary Gensler have caused harm to the crypto industry. They're part of the Biden Administration. The only way to get them out is by voting Republican in this November's election. Whatever happens, you can rest assured crypto won't be going anywhere soon. Smiley

My prediction, Trump  will never mention anything on a bitcoin reserve for America. This is an occasion of sell the news hehehehe. I am sorry, however  we should live in reality. Also, it is headshaking to say that the American dollar will be backed by bitcoin. This will also never happen. The used this before on gold, however, the stopped this because gold is volatile. Bitcoin is more volatile that gold hehehe. They cannot use this.

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July 27, 2024, 04:37:52 AM
 #92

The U.S are not going to make BTC a part of their reserves, there is no reason why they should do that, the U.S dollar is stable, and the U.S economy is a healthy one, so they have no business with BTC as a part of their reserve. BTC is decentralized, so direct control is not possible, they can only control through regulations, which they are already doing.

What you say makes no sense, because you can apply the same argument to gold, which is decentralised, and the USA does have gold reserves. In addition to regulations, one way to control it is also to get hold of a good amount.

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July 27, 2024, 05:09:55 AM
 #93

My prediction, Trump  will never mention anything on a bitcoin reserve for America. This is an occasion of sell the news hehehehe. I am sorry, however  we should live in reality. Also, it is headshaking to say that the American dollar will be backed by bitcoin. This will also never happen.
Donald Trump knows that he has no power as a President, a single person in the USA to do this and make this happen. Making an announcement is easy but execute it successfully is not easy and as a successful businessman, Trump is aware of the whole world includes many big countries, will react to that super big policy change in the USA.

There will potentially make a lot of chaos, supports and attacks and even he is a man who like chaos, uncertainty to do his own business, he knows very big barrier to prevent it to be approved in his country at first.

Quote
The used this before on gold, however, the stopped this because gold is volatile. Bitcoin is more volatile that gold hehehe. They cannot use this.
Moving from the Gold standard to the US. dollar standard, is it better?

I agree about risk of volatility but if purchasing power increases, it's good while we can clearly see a fact that fiat currencies lose purchasing powers with time and the US. dollar is not an exception.

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July 27, 2024, 08:14:15 PM
 #94

Has Trump already addressed the Bitcoin conference in Nashville, or is it still scheduled to happen? If its upcoming, when should he deliver his speech?  Cant find the video stream anywhere.

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July 27, 2024, 08:54:52 PM
 #95


Quote
Quote
The used this before on gold, however, the stopped this because gold is volatile. Bitcoin is more volatile that gold hehehe. They cannot use this.
Moving from the Gold standard to the US. dollar standard, is it better?

I agree about risk of volatility but if purchasing power increases, it's good while we can clearly see a fact that fiat currencies lose purchasing powers with time and the US. dollar is not an exception.

They didn’t stop because gold was volatile, they stopped because they couldn’t inflate the value of the currency away with impunity because the dollar was redeemable for gold. Once the gold/dollar value got out of whack there wasn’t enough gold. So that’s why they closed the gold window (silver too) and FDR (Democrat of course) confiscated everyone’s gold currency and redeemed it at one price and the revalued it, immediately debasing the dollar.

Gold, or any hard money, stops the authoritarian statists of all varieties (communists, fascists, socialists, totalitarians etc) from stealing the value of your assets which is why they hate it.  Bitcoin gives even more benefits such as censorship resistance among many others which they hate more. (This is on the phone, sorry for typos)
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July 27, 2024, 09:13:55 PM
 #96

The real Trump pump can certainly pump bitcoin to more than $80,000 American dollars. I am very much certain of this.
The strong resistances like the one at $70K can not be easily broken ONLY with a hype (that is what the pump you are describing is). If we get to $80k in the near future it will be for other reasons.
We are already close to breaking that resistance. Hopefully when the news about the Mt.Gox refund fizzle out and a positive fundamental happens afterward, we will see the momentum to eat up that resistance and target the ATH. I strongly believe that we will see bitcoin at $100k this year. This is not difficult at all given the history of bitcoin after halving has occurred.

Now in the long run, if the US government stops being so aggressive toward Bitcoin and starts removing harsh regulations (that are more like bans than regulations like the crazy AFAC censorship they are enforcing on miners inside US soil) we can see an actual boost.
The present government of US have not been too nice with bitcoin as I have seen many post suggesting that they did not only stop at bad policies for miners and bitcoin devs, they go as far as arresting some, although this came like rumor as I cannot verify the news. This should be the reason many bitcoiner believe that a change in administration might favor bitcoin.

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July 29, 2024, 03:13:07 PM
 #97

My prediction, Trump  will never mention anything on a bitcoin reserve for America. This is an occasion of sell the news hehehehe. I am sorry, however  we should live in reality. Also, it is headshaking to say that the American dollar will be backed by bitcoin. This will also never happen. The used this before on gold, however, the stopped this because gold is volatile. Bitcoin is more volatile that gold hehehe. They cannot use this.

He actually did mention the "Bitcoin Reserve" on his latest remarks at the conference. Trump even said he would free Ross Ulbricht. RFK Jr. also appeared in the conference. The only one missing was presumptive Democratic presidential candidate Kamala Harris. She is part of the anti-crypto Biden administration, so her absence is not surprising to many of us. Perhaps, widespread support among crypto supporters for Trump will make him win back the White House? We'll see.

While crypto is not the only thing that's important in America, it's certainly having a strong political impact. Candidates either embrace the revolution or be left behind in the dust. I know it's impossible to back the USD with BTC, but making it legal tender like El Salvador did would further solidify Bitcoin's presence in the mainstream world. That would be a smart move. We can only know if Trump will keep his promises after he wins. Lets hope America becomes the #1 crypto hub in the world. Cheesy

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July 29, 2024, 05:28:13 PM
 #98

Has Trump already addressed the Bitcoin conference in Nashville, or is it still scheduled to happen? If its upcoming, when should he deliver his speech?  Cant find the video stream anywhere.

Yes Trump has delivered his speech you can see on the replay, and if you watch it, I think it will be a breath of fresh air for bitcoin holders.

My prediction, Trump  will never mention anything on a bitcoin reserve for America. This is an occasion of sell the news hehehehe. I am sorry, however  we should live in reality. Also, it is headshaking to say that the American dollar will be backed by bitcoin. This will also never happen. The used this before on gold, however, the stopped this because gold is volatile. Bitcoin is more volatile that gold hehehe. They cannot use this.

He actually did mention the "Bitcoin Reserve" on his latest remarks at the conference. Trump even said he would free Ross Ulbricht. RFK Jr. also appeared in the conference. The only one missing was presumptive Democratic presidential candidate Kamala Harris. She is part of the anti-crypto Biden administration, so her absence is not surprising to many of us. Perhaps, widespread support among crypto supporters for Trump will make him win back the White House? We'll see.

While crypto is not the only thing that's important in America, it's certainly having a strong political impact. Candidates either embrace the revolution or be left behind in the dust. I know it's impossible to back the USD with BTC, but making it legal tender like El Salvador did would further solidify Bitcoin's presence in the mainstream world. That would be a smart move. We can only know if Trump will keep his promises after he wins. Lets hope America becomes the #1 crypto hub in the world. Cheesy

Trump said a lot of things, in addition to what you said, Trump also said that he would not sell bitcoins owned by America while he was in office, as well as other things about openness regarding the bitcoin industry in America will be better and more friendly to investors.

I think if it is made as a means of payment other than USD it is a step that is almost nonexistent in my mind, although I strongly support it happening like in the country of El Salvador but I don't think he will do it even if he is elected, I only think that Bitcoin becomes a store of value asset or as a reserve currency of the United States.

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July 29, 2024, 05:48:07 PM
 #99

He actually did mention the "Bitcoin Reserve" on his latest remarks at the conference. Trump even said he would free Ross Ulbricht. RFK Jr. also appeared in the conference. The only one missing was presumptive Democratic presidential candidate Kamala Harris. She is part of the anti-crypto Biden administration, so her absence is not surprising to many of us. Perhaps, widespread support among crypto supporters for Trump will make him win back the White House? We'll see.

While crypto is not the only thing that's important in America, it's certainly having a strong political impact. Candidates either embrace the revolution or be left behind in the dust. I know it's impossible to back the USD with BTC, but making it legal tender like El Salvador did would further solidify Bitcoin's presence in the mainstream world. That would be a smart move. We can only know if Trump will keep his promises after he wins. Lets hope America becomes the #1 crypto hub in the world. Cheesy
Right now it seems the economy is the highest priority among the voters, and since bitcoin is popular among the young population and they are obtaining some profits with it, we can say that bitcoin will definitely play a key role on the election, as even if this only earned Trump a million votes or so, those votes could be the difference in swing states, which are often won by a small margin, so there is no doubt that Trump is trying to get votes from all the sources that he can in order to get to the White House again.
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July 31, 2024, 01:59:48 AM
 #100

Right now it seems the economy is the highest priority among the voters, and since bitcoin is popular among the young population and they are obtaining some profits with it, we can say that bitcoin will definitely play a key role on the election, as even if this only earned Trump a million votes or so, those votes could be the difference in swing states, which are often won by a small margin, so there is no doubt that Trump is trying to get votes from all the sources that he can in order to get to the White House again.

There's no doubt about that. Nobody wants to see their purchasing power go all the way down the drain in an instant. Inflation only benefits the "Elite" and governments themselves. The working class are the ones who end up losing in the long run. A stable economy brings utmost prosperity to the country. "Bidenomics" made America a laughing stock. Only Trump and his team will be able to fix this. Wasn't the economy booming during his first term as President of the United States? It wasn't until COVID-19 and Biden's unnecessary geopolitical conflicts that ruined everything. A strong US would've prevented all of this mess.

If Trump wins again, the American economy might start booming. Imagine what would happen if the US government had its own Bitcoin reserves. It will mark the end of stubborn inflation for good. Lets see what the results will be after the elections. Here's hoping for the best. Cheesy

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