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Author Topic: If Donald J. Trump wins, Bitcoin will be better than fine.  (Read 851 times)
Synchronice
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September 19, 2024, 07:33:00 AM
 #81

he has Elon and Gemini Brothers supporting him that are also pro crypto.

I think saying *Elon* supports crypto is taking it a bit too far though. The man publicly dumped Bitcoin in 2022 or something, via Tesla. (and is now backtracking by letting people buy Cybertrucks with bitcoin soon, or so I heard.) The man doesn't really care about anything other than Dogecoin - and only because he can farm engagements on his other platform with pictures of Shiba Inus and DOGE acronyms.

I think he holds some coins too, but he's not going to be an outspoken guy for it.
It's funny if someone thinks that Elon Musk supports crypto. People completely ignore the fact that his is a businessman, not an ordinary businessman, he is the richest person in the world. Does someone really think that he became the richest person in the world by making donations to poor people and by spending billions of dollars to build houses for homeless people? Seriously? C'mon. He is a businessman, not a donator. He wants to increase his personal wealth, not yours. He has his own interests and fights for his own interests, not for yours. Elon Musk is far from being crypto-friendly. This guy pumps and dumps the crypto as he wishes. He makes fun of people by making dogecoin worth almost 1 dollar per coin. C'mon, guys.

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September 19, 2024, 08:06:18 AM
 #82

It's funny if someone thinks that Elon Musk supports crypto. People completely ignore the fact that his is a businessman, not an ordinary businessman, he is the richest person in the world. Does someone really think that he became the richest person in the world by making donations to poor people and by spending billions of dollars to build houses for homeless people? Seriously? C'mon. He is a businessman, not a donator. He wants to increase his personal wealth, not yours. He has his own interests and fights for his own interests, not for yours. Elon Musk is far from being crypto-friendly. This guy pumps and dumps the crypto as he wishes. He makes fun of people by making dogecoin worth almost 1 dollar per coin. C'mon, guys.

He's kinda lost his sting of pumping DOGE and BTC in the last few months. D.O.G.E. department jokes hardly moved the tickers up when they were tweeted.

It must mean he can't carry the crypto market (alone) anymore.

Well it wouldn't surprise me, as this doesn't seem like a time when normal people would want to buy crypto anyway.

DOGE is almost certainly nowhere near $1 anymore though.

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September 19, 2024, 08:10:55 AM
Merited by mindrust (7)
 #83


It's funny if someone thinks that Elon Musk supports crypto. People completely ignore the fact that his is a businessman, not an ordinary businessman, he is the richest person in the world. Does someone really think that he became the richest person in the world by making donations to poor people and by spending billions of dollars to build houses for homeless people? Seriously? C'mon. He is a businessman, not a donator. He wants to increase his personal wealth, not yours. He has his own interests and fights for his own interests, not for yours. Elon Musk is far from being crypto-friendly. This guy pumps and dumps the crypto as he wishes. He makes fun of people by making dogecoin worth almost 1 dollar per coin. C'mon, guys.

The fact that he is involved and invested in this market means that he is pro-crypto. No matter who they are, as long as they invest in cryptocurrencies, it means they are contributing to the growth and popularity of cryptocurrencies.

Anyone who enters the market has their own purpose and seeks their own benefits, why do you enter the market? You are also looking for profit here, so why do you forbid others from doing it? Have you ever helped someone make a profit or are you just concerned about your pocket? So why would you expect someone to enter the market just to help you or someone else?

Elon or anyone, when they enter this market, they are just an investor like us. Don't expect anyone to come here to help people make profits, the concept of helping others does not exist in the financial market.

Every financial market has manipulation and dark corners, those with a lot of money and power will find ways to intervene for their own benefit, and that is the nature of finance. I bet if you had a lot of money and were a whale in the market you would do the same, so don't criticize others for manipulating the market for their own gain.

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September 19, 2024, 11:37:23 AM
 #84

JD Vance is a legit presidential candidate too but I somehow believe De Santis is a better pick. It is probably because I watched more of his speeches and "know" him better than JD Vance. I will be happy with either of those probably.
I did not watch or listen to Ron DeSantis' speeches but I read that he used to be considered as a most promising replacement for Donald Trump in the Republic Party. Then he failed to compete directly with Trump for a nominee position of his party. To be honest, I did not know about JD Vance and his speeches too but I only began to know about him, watch his interviews after he was chosen by Trump as a Vice President Nominee of Republic Party and I watched more videos of his speeches last two weeks.

I can not compare Vance and DeSantis because as said, I only watched Vance's interviews but I am impressed with this young politician and he has a successful career from academic to business too.

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September 19, 2024, 12:31:11 PM
 #85

JD Vance is a legit presidential candidate too but I somehow believe De Santis is a better pick. It is probably because I watched more of his speeches and "know" him better than JD Vance. I will be happy with either of those probably.
I did not watch or listen to Ron DeSantis' speeches but I read that he used to be considered as a most promising replacement for Donald Trump in the Republic Party. Then he failed to compete directly with Trump for a nominee position of his party. To be honest, I did not know about JD Vance and his speeches too but I only began to know about him, watch his interviews after he was chosen by Trump as a Vice President Nominee of Republic Party and I watched more videos of his speeches last two weeks.

I can not compare Vance and DeSantis because as said, I only watched Vance's interviews but I am impressed with this young politician and he has a successful career from academic to business too.

De Santis is pretty much the same as Trump. (except the personality and money I guess) I watched him a lot. But when you think about it, almost every Republican supporter are alike. 99% of the time these people have common likes and dislikes. You'll find a similar pattern with the demo*rats too.

That's why I said either of them will do well in the future probably.

The fact that he is involved and invested in this market means that he is pro-crypto. No matter who they are, as long as they invest in cryptocurrencies, it means they are contributing to the growth and popularity of cryptocurrencies.

Oh no! Trump is doing it again! He is using crypto how dare you Mr. President  Grin

Why don't QueMala do it too? Maybe she is way too dumb? Just a guess.

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September 19, 2024, 12:35:27 PM
 #86



However, what can be my mind right now is why is he always the target of assassination?. is this pure or or is it just a strategy for him to seek sympathy?.

If you want to know, ask the people who don't want him to be president. Do you think his assassination attempts were staged plays? If it were you, would you dare stand still and let someone aim straight at your head and shoot from a distance of 120-140m? Even if it was the best sniper the US military had, let alone a regular person with little experience using a gun.

I have seen many people talking about this theory and I can only advise them: they should watch less Marvel or DC movies, watch less action movies and not be naive enough to think that what is in the movies can also be applied to our real lives.

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September 19, 2024, 07:15:35 PM
 #87

If Trump as the President of the US introduces Bitcoin as a legal payment method, we can definitely see a significant movement on Bitcoin, but this will only be for a few months. Because the price of Bitcoin is not only dependent on the US, and the whole world will affect its price. Let's assume that Bitcoin is chosen as a payment method in the US but any buying, selling and holding Bitcoin becomes illegal in Asian countries. In this case, can we see a price increase again? So the result of the US election cannot send Bitcoin to the moon.

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coolcoinz
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September 19, 2024, 07:40:52 PM
 #88

He's kinda lost his sting of pumping DOGE and BTC in the last few months. D.O.G.E. department jokes hardly moved the tickers up when they were tweeted.

It must mean he can't carry the crypto market (alone) anymore.

Well it wouldn't surprise me, as this doesn't seem like a time when normal people would want to buy crypto anyway.

DOGE is almost certainly nowhere near $1 anymore though.

He lost his power when he chose to dump bitcoin claiming it's bad for the environment. He played into the hand of liars who launched a campaign against bitcoin miners in order to limit their access to power.
Musk also lied about Tesla accepting bitcoin when it reaches a certain level of green energy mining. It did and Musk of course ignored it.
I'm amazed that people still trust this guy and think he wants good for bitcoin. All he wants is to fill his own pockets.

I like that he's about free speech, but I wouldn't trust any of his promises and I don't believe he cares about bitcoin.

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September 19, 2024, 08:25:05 PM
 #89

he has Elon and Gemini Brothers supporting him that are also pro crypto.

I think saying *Elon* supports crypto is taking it a bit too far though. The man publicly dumped Bitcoin in 2022 or something, via Tesla. (and is now backtracking by letting people buy Cybertrucks with bitcoin soon, or so I heard.) The man doesn't really care about anything other than Dogecoin - and only because he can farm engagements on his other platform with pictures of Shiba Inus and DOGE acronyms.

I think he holds some coins too, but he's not going to be an outspoken guy for it.

So you think trump winning would be bullish for crypto?
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September 19, 2024, 09:35:37 PM
 #90

Why be fine when you can become better and finer and gooder?

If Kama wins bitcoin won't disappear that's true and it is because nobody can stop bitcoin. Even Kam can't do that. So we don't have anything to worry about.

However,

Kammie wants to tax the elite in the US and some of those elites do own crypto related businesses. These people will go away to some other country and that will increase the unemployment in the US. That's net a negative for those who work in the crypto businesses in the United States. They will lose their jobs.

Will bitcoin survive? Of course it will but lots of people will get harmed by Kommie's malignant actions.

Then there is Donald J. Trump who promises cheaper electricity. That will enable more mining related businesses in the US. More bitcoins will get minted in the US and those bitcoin farms will employ more US citizens.

Under Trump Bitcoin adoption in the US will skyrocket and that will directly affect the bitcoin prices.

The exact opposite will happen under Kommiela Harris.




https://x.com/realDonaldTrump/status/1834311432982135015

Donny is launching World Liberty Financial on Monday.

"We are leaving the outdated big banks behind." -DJT

Dayum, he will even have his own crypto company and people still say he is not pro-crypto. Damn fools these demonrats. Where is Kabala's crypto company?
Wow, you have written somethings that is mid captivating and I think you deserve an accolade. You know people would just want to admit the truth and because of influence they will  get after that calming to have some mind blowing futurist relaxation under the same government that has taken the Americans to the worse economy. I think if these same people continue running the government, things might get worse with time. Inflation has been hitting every corners of the economy and also the media is not saying any thing tangible about this delimma trying to cover up the truth. Let's just hope for the best because if Trump doesn't win this election then, we ought to get prepared for more inflation only if actually she can handle the economy without blaming anyone.

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September 20, 2024, 03:20:05 AM
 #91



However, what can be my mind right now is why is he always the target of assassination?. is this pure or or is it just a strategy for him to seek sympathy?.

If you want to know, ask the people who don't want him to be president. Do you think his assassination attempts were staged plays? If it were you, would you dare stand still and let someone aim straight at your head and shoot from a distance of 120-140m? Even if it was the best sniper the US military had, let alone a regular person with little experience using a gun.

I have seen many people talking about this theory and I can only advise them: they should watch less Marvel or DC movies, watch less action movies and not be naive enough to think that what is in the movies can also be applied to our real lives.
like covid-19 which is almost similar to what Thanos did on the avenger "Infinity Stones", I think the movie is good implemented to the real life if happen too to Trumph. Yes, it is possible that this could happen with certain scenarios to make people sympathize with him. But if this is true happens, he can use this "opportunity" to make him as sacrifice. He can playing victim to to attract people's sympathy for him. This has happened in my country, how SBY did on 2014 when Megawati call him a "childish general", SBY famous has grown up after that because Indonesia people consider him as a victim, and attract everyone's sympathy to him.


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Minor Miner
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September 20, 2024, 05:19:54 AM
 #92

he has Elon and Gemini Brothers supporting him that are also pro crypto.

I think saying *Elon* supports crypto is taking it a bit too far though. The man publicly dumped Bitcoin in 2022 or something, via Tesla. (and is now backtracking by letting people buy Cybertrucks with bitcoin soon, or so I heard.) The man doesn't really care about anything other than Dogecoin - and only because he can farm engagements on his other platform with pictures of Shiba Inus and DOGE acronyms.

I think he holds some coins too, but he's not going to be an outspoken guy for it.

Just because he sold his bitcoins and we rely on that to say he doesn't support crypto, is that fair? If one day MicroStrategy and el salvador sell bitcoin and take profit, do we say they don't support crypto either?

The goal of all of us when entering this market is to seek maximum profit and anyone who has the ability to buy has the right to sell. We cannot criticize someone if they sell a large amount of bitcoins to the market and cause a market crash, because that is very normal in the financial market. Just like what's happening in the stock market, Warren Buffett has been selling Apple and BofA shares repeatedly to make a profit. Does that mean he is not pro-stock market?

To put it bluntly, Elon's way of making profits is not like ours. He uses power and money to manipulate the market in his favor while we cannot do those things. From then on, many people felt it was unfair, felt uncomfortable, and started hating him for the reasons we gave.

By the way, as far as I know, in addition to owning Doge, Tesla and Spacex still hold quite a bit of bitcoin, they haven't sold all of their bitcoins.



https://news.bitcoin.com/on-chain-analysis-reveals-tesla-has-11509-bitcoins-and-spacex-owns-8285-btc-says-arkham/

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September 20, 2024, 06:15:12 AM
Merited by EFS (4)
 #93

Why be fine when you can become better and finer and gooder?

If Kama wins bitcoin won't disappear that's true and it is because nobody can stop bitcoin. Even Kam can't do that. So we don't have anything to worry about.

However,

Kammie wants to tax the elite in the US and some of those elites do own crypto related businesses. These people will go away to some other country and that will increase the unemployment in the US. That's net a negative for those who work in the crypto businesses in the United States. They will lose their jobs.

Will bitcoin survive? Of course it will but lots of people will get harmed by Kommie's malignant actions.

Then there is Donald J. Trump who promises cheaper electricity. That will enable more mining related businesses in the US. More bitcoins will get minted in the US and those bitcoin farms will employ more US citizens.

Under Trump Bitcoin adoption in the US will skyrocket and that will directly affect the bitcoin prices.

The exact opposite will happen under Kommiela Harris.





https://x.com/realDonaldTrump/status/1834311432982135015

Donny is launching World Liberty Financial on Monday.

"We are leaving the outdated big banks behind." -DJT

Dayum, he will even have his own crypto company and people still say he is not pro-crypto. Damn fools these demonrats. Where is Kabala's crypto company?

Lulz. I'm not sure if you noticed but the United States has a Democrat in office and has for the last 4 years. Did all the wealthy elites move and take their money overseas?  Did bitcoin die?  Where is that money going to go when overseas?   The US elites care about tax breaks for themselves and their Corps, but if you think they care enough about their crypto holdings to move overseas, I think you are gravely overestimating what's at hand.  

Let's be clear, Cryptocurrency as a whole and Bitcoin are two very different things.  99% of cryptocurrency coins/tokes/ventures are utter nonsense and or scams.  Including DeFi, which I've yet to see one legitimate DeFi project, personally.  World Liberty Financial which is just little more than a theory at this point, is said to be a DeFi exchange, as well as having plans to launch their own DeFi token.  What's that have to do with bitcoin?

Trump in a recent lives-stream said "“Barron knows so much about this, Barron’s a young guy, but he knows,” said the proud father. “He talks about his wallet, he’s got four wallets or something, and I’ll say ‘what is a wallet?’”

Trump has called bitcoin a scam and "based on thin air", in the past, and only recently changed his tune when he a) found out he could sell NFTs which cost him virtually nothing for a nice profit  b) found out it would help garner him votes.  

Trump doesn't have a clue what bitcoin even is, and while I do commend him for being open to new technologies, I highly doubt he'd have an interest if it didn't profit him directly.  The same goes for most in the "upper" tiers of finance. I would know as I work in finance and have been touting bitcoin for it's technological breakthroughs since 2014ish when hardly anyone I worked with, at the time at a Fortune 500 financial firm, knew what it was and were quick to call it a scam and laugh me off when trying to get them to "just take a look at it".  Now they all are because taking a look involves profiting, not the excitement I had when I first learned of bitcoin and how it could help me in my "crusade" against big banks and financial corruption.

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September 20, 2024, 06:21:45 AM
 #94

If Trump as the President of the US introduces Bitcoin as a legal payment method, we can definitely see a significant movement on Bitcoin, but this will only be for a few months. Because the price of Bitcoin is not only dependent on the US, and the whole world will affect its price. Let's assume that Bitcoin is chosen as a payment method in the US but any buying, selling and holding Bitcoin becomes illegal in Asian countries. In this case, can we see a price increase again? So the result of the US election cannot send Bitcoin to the moon.
If Bitcoin becomes legal tender in the US, you can be sure that the price will skyrocket. You've already seen an example of how Doni used crypto and what happened to the price. That's the way to go. I was talking about it. These presidential candidates will soon remember about crypto and start using it to their advantage. It's been less than a week since this event happened.

Why are they promoting crypto? Many have already understood. If not, I'll explain. Can you imagine how many people Trump has thus dragged over to his side? This is just an army of voters. Wow, the old scoundrel. ))

 
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September 20, 2024, 07:17:36 AM
Merited by mindrust (2)
 #95

Why be fine when you can become better and finer and gooder?

If Kama wins bitcoin won't disappear that's true and it is because nobody can stop bitcoin. Even Kam can't do that. So we don't have anything to worry about.

However,

Kammie wants to tax the elite in the US and some of those elites do own crypto related businesses. These people will go away to some other country and that will increase the unemployment in the US. That's net a negative for those who work in the crypto businesses in the United States. They will lose their jobs.

Will bitcoin survive? Of course it will but lots of people will get harmed by Kommie's malignant actions.

Then there is Donald J. Trump who promises cheaper electricity. That will enable more mining related businesses in the US. More bitcoins will get minted in the US and those bitcoin farms will employ more US citizens.

Under Trump Bitcoin adoption in the US will skyrocket and that will directly affect the bitcoin prices.

The exact opposite will happen under Kommiela Harris.




https://x.com/realDonaldTrump/status/1834311432982135015

Donny is launching World Liberty Financial on Monday.

"We are leaving the outdated big banks behind." -DJT

Dayum, he will even have his own crypto company and people still say he is not pro-crypto. Damn fools these demonrats. Where is Kabala's crypto company?

We all know crypto was riding along smoothy during Trump's first term. It was Joe Biden and his administration that took the industry downhill. The SEC had several crackdowns on crypto exchanges during the Biden administration (the one we are currently in). The Binance fiasco, Bittrex leaving the US, etc. was Democrats' fault. We didn't see any of that when Trump was President. Kammie is part of the current administration, so don't expect her to be any better IF she wins the election (that's a big "IF").

Trump is now more open to crypto/Blockchain tech by attending conferences, launching its own Blockchain (WLFI), and even using it for daily payments (like buying burgers with BTC at a NYC bar). He's even against CBDCs (Central Bank Digital Currencies). The VP nominee J.D. Vance is a well-known Bitcoin investor. A Trump win would be a "yuge" win for the crypto industry in America. It's very likely Bitcoin will soar past the $100k mark. The US must stay ahead of the crypto game. We can't let China or Russia get away with it. Right? Cheesy

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September 21, 2024, 05:11:25 AM
 #96

Trump is now more open to crypto/Blockchain tech by attending conferences, launching its own Blockchain (WLFI), and even using it for daily payments (like buying burgers with BTC at a NYC bar). He's even against CBDCs (Central Bank Digital Currencies). The VP nominee J.D. Vance is a well-known Bitcoin investor. A Trump win would be a "yuge" win for the crypto industry in America. It's very likely Bitcoin will soar past the $100k mark. The US must stay ahead of the crypto game. We can't let China or Russia get away with it. Right? Cheesy
Yes, you are right. China and Russia have recently paid close attention to crypto, as they have no other choice. This is a completely logical scenario. I considered it as the most possible of all to avoid Western sanctions. Now it is becoming a reality, and before that they did not even look in this direction and prevented it in every possible way. Apparently, life has put everything in its place and we have to resort to radical methods.

The most interesting thing is that only those in power will be able to use crypto, and everyone else should stand aside. There is no need for ordinary people to use blockchain technology. Am I not right?

 
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September 21, 2024, 08:18:14 AM
 #97

If Trump as the President of the US introduces Bitcoin as a legal payment method, we can definitely see a significant movement on Bitcoin, but this will only be for a few months. Because the price of Bitcoin is not only dependent on the US, and the whole world will affect its price. Let's assume that Bitcoin is chosen as a payment method in the US but any buying, selling and holding Bitcoin becomes illegal in Asian countries. In this case, can we see a price increase again? So the result of the US election cannot send Bitcoin to the moon.

Yes, bitcoin is not only concentrated in the United States, bitcoin is present everywhere in the world. But you forget one thing, they are the world superpower and most of the world economy depends on them let alone our little crypto industry.

Most other countries in the world look at what they do and use that as a benchmark, so if they actually use bitcoin as a payment method, you will see a bunch of their countries and allies doing the same and vice versa. Take USD for example, they can make USD the official currency in international trade, so if they want bitcoin to become popular worldwide, it is not too difficult for them.

Not to mention which organizations and where are holding large amounts of bitcoin? Most are in the US like Tesla, BlackRock, Microstrategy...Bitcoin ETFs are also in the US.

The election results as well as US policies and regulations will directly impact the crypto industry, there is no denying that.

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September 21, 2024, 12:35:16 PM
Merited by Lidger (2), cocadalcan (2)
 #98

If Trump wins the election, we will see many positive aspects of Bitcoin, Trump's victory will move Bitcoin forward, and Trump has been saying for a long time that if he wins, he will adopt good policies towards crypto currency. And if the Trump administration adopts flexible policies on Bitcoin or cryptocurrencies, the Bitcoin market could have a positive impact.

I saw in a news today that it was said:

“Bitcoin will be $125,000 if Trump wins
While predicting a rise to $200,000 in 2025 regardless of the outcome of November's election, Kendrick insisted that a Trump victory would take the price of bitcoin to $125,000 by the end of this year.

Geoff Kendrick, head of digital assets research at Standard Chartered, said bitcoin will trade at $200,000 within the next year regardless of who wins the November US presidential election.

Standard Chartered exec predicts Bitcoin will reach $200K regardless of US election outcome.” News link.
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September 21, 2024, 03:47:34 PM
 #99

If Trump wins the election, we will see many positive aspects of Bitcoin, Trump's victory will move Bitcoin forward, and Trump has been saying for a long time that if he wins, he will adopt good policies towards crypto currency. And if the Trump administration adopts flexible policies on Bitcoin or cryptocurrencies, the Bitcoin market could have a positive impact.
I saw in a news today that it was said:
“Bitcoin will be $125,000 if Trump wins
While predicting a rise to $200,000 in 2025 regardless of the outcome of November's election, Kendrick insisted that a Trump victory would take the price of bitcoin to $125,000 by the end of this year.

I think $125k by the end of this year is in the realm of possibilities, of course only if Trump wins. If QueMala wins, bitcoin will go into a short bear market first and only then it will go above $100k. That bear market won't last more than a year but still though, it will delay lots of people's plans. So, Trump should be the choice of the voters if you want to get rich quicker.

The USD will fail anyway and Trump sees it better than anyone. That's why his tone towards bitcoin changed recently. He knows the USD is about to die.

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September 21, 2024, 08:35:01 PM
 #100

The fact that he is involved and invested in this market means that he is pro-crypto. No matter who they are, as long as they invest in cryptocurrencies, it means they are contributing to the growth and popularity of cryptocurrencies.

Anyone who enters the market has their own purpose and seeks their own benefits, why do you enter the market? You are also looking for profit here, so why do you forbid others from doing it? Have you ever helped someone make a profit or are you just concerned about your pocket? So why would you expect someone to enter the market just to help you or someone else?

Elon or anyone, when they enter this market, they are just an investor like us. Don't expect anyone to come here to help people make profits, the concept of helping others does not exist in the financial market.

Every financial market has manipulation and dark corners, those with a lot of money and power will find ways to intervene for their own benefit, and that is the nature of finance. I bet if you had a lot of money and were a whale in the market you would do the same, so don't criticize others for manipulating the market for their own gain.
I am pretty sure that Kamala also said that she is pro-crypto as well, and while many people dislike Gary Gensler, dude is the one that said buy bitcoin, so he is actually pro-crypto, he is just anti-scam companies and unfortunately too many people in the crypto world wants crypto companies to be left alone but the reality is that you have to pay for your mistakes and regulations must be followed and like a true crypto lover, he is trying to prevent others to make silly mistakes by investing into these scam places and trying to keep those companies in check.

So, I can say that Biden already did more for crypto than anyone else, remember it was Biden term when we reached our latest all time high too, and we are going to end up with Kamala probably continue the same thing again, it won't be that much of a bad situation and could be doing fine, we should be seeing her doing fine and I think we are going to end up with a good strong bitcoin in the future.

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