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Author Topic: Bullrun Incoming - Positive Points  (Read 194 times)
TheUltraElite
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July 19, 2024, 02:11:07 PM
 #21

Trump has his own agenda regarding bitcoin, dont expect it to be something good for the American citizens, its either going to taxation or some shitcoins shoved into your pockets or something worse. In the meantime before the election happens, bullrun can happen.

A large number of positives indeed but a hack has happened on an Indian exchange WazirX and those coins are going to get dumped on the ETH and other chains. There might be some bad news from that.

Also MtGox and its aftermath is still multidirectional.

R


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Ultegra134
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July 19, 2024, 02:24:18 PM
 #22

Trump has his own agenda regarding bitcoin, dont expect it to be something good for the American citizens, its either going to taxation or some shitcoins shoved into your pockets or something worse. In the meantime before the election happens, bullrun can happen.

A large number of positives indeed but a hack has happened on an Indian exchange WazirX and those coins are going to get dumped on the ETH and other chains. There might be some bad news from that.

Also MtGox and its aftermath is still multidirectional.
I'm also interested in seeing how this goes. Wasn't Trump against cryptocurrencies and called them a scam when he was president? From how I see things and judging by what I'm reading, he has decided to pivot and change his approach in an effort to counter China's approach. To be honest, this sounds reasonable, as China has a huge economy and was considered the USA's threat. To be honest, I'm seeing Trump grow a larger audience with his recent approach to the upcoming election in November 2024.

I've never fiddled with the USA's politics, but Biden seems unfit for this role; his health issues aren't helping either. I'm not saying that Trump is ideal, but from my understanding, he had better relations with the outer world, including China and Russia.

R


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el kaka22
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July 19, 2024, 05:28:52 PM
 #23

I would say that these are all good, but at the same time we need to remember that "news" could increase it to a point, it can't keep increase it all the time, we need to make sure that it's the right timing too.

Let me put it this way, I have seen a lot of people have a lot of results with a lot of trouble, and in most cases we were dealing with stuff that weren't all that crazy, we shouldn't really deal with any of that. I know that it is going to take some time to fix all of this, but can't be dealing with anything more than that. A lot of people think that just because of the news is good, that means price must go up, and yes it's true that sometimes that happens, but sometimes that doesn't happen at all.

We need to make sure that it can be quite strong and can make some returns as well. In the end, just forget about what we can do, and while I do believe that we are going to be fine, I still think that we need to do fine on the long run to keep it going. Lets just see long term, not news based, I believe bitcoin will go up, and I believe that it is a good thing, we just need to make sure that we are holding it as much as we can, without having any belief that news will be the reason for our profit.

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July 19, 2024, 06:28:13 PM
 #24

Guys I just put a few points together to highlight the positive points which are happening and are
imminent which indicates an incoming bullrun

The bull run has been anticipated for long and with the highlight last you’ve provided about bitcoin today, it has now become more imminent that the bitcoin bull run will soon be upon us. One thing that keeps travelling in my mind is what the new all price high of bitcoin will be after all this bull run have come and gone. Where people even able to predicts how far it’ll come and they got it right after the bull run has taken place? This same question may be in the minds of many investors that have invested a lot in bitcoin and seek to see how their profits will grow just after the bull run. Where a lot is been putting into, much is expected and that’s the case of those that have invested big time in bitcoin.

Trump has his own agenda regarding bitcoin, dont expect it to be something good for the American citizens, its either going to taxation or some shitcoins shoved into your pockets or something worse. In the meantime before the election happens, bullrun can happen.

Out of all the highlights, the one that had to do with a politician showing a lot of interest in a coin makes me see it as a shady move to just get their way into the seat they’re contesting for. It is this same Trump that didn’t believe in this technology long ago, why the sudden change when the election time is approaching and they’re all eager to win the elections? I’m not expecting anything big from the government stance on bitcoin.

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July 19, 2024, 07:18:49 PM
 #25

By the time that when we're approaching the halving, there's already the sign and we've seen how it broke a new ATH before it even happened. And this is not a coincidence that Bitcoin moved to $67k back just now. And all of those points that OP has mentioned seem to be scary if you're looking at it because most of them have been dumped. But that's the essence of this market, you have to expect what you're not expecting and everyone who has a weak hand probably sold and will have hard time to buy at the dip again.

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