Sobz (OP)
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Activity: 29
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November 06, 2024, 08:35:14 AM |
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I know Donald trump becoming the president of US will really make good impact to the bitcoin market. Do you think such like mixers, exchanges , and others related to bitcoin will also benefit in terms of regulation?
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Apocollapse
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November 06, 2024, 08:46:01 AM |
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I would say it's impossible for any president or government will support mixers, never ever.
We have 2 exchanges, one is centralized exchange and another one is No KYC P2P or DEX.
For centralized exchange, I'm not sure what they can get benefit, they just doing their business except the president want to lower the tax.
For privacy oriented exchange, I don't think there's a president will support privacy, it just in their mouth that they support privacy, in the end, they're the one who ask your KYC and claim if you're save with them.
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UTON Blockchain
Jr. Member
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Activity: 126
Merit: 1
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November 06, 2024, 09:02:52 AM |
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With Trump's election victory, will Bitcoin ride the wave of success to reach $75,000? The current price is $73,300.
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AVE5
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November 06, 2024, 09:28:19 AM |
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With Trump's election victory, will Bitcoin ride the wave of success to reach $75,000? The current price is $73,300.
Just recently within today, we already hit $74, 300+ as much as I can recall and $75,000 can't be a fly to the moon for bitcoin price because by the bull, we're expecting about $100,000. And with or without Trumps victory, we shall reach a greater All Time High in the bitcoin market.
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hd49728
Legendary
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November 06, 2024, 09:57:05 AM |
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I know Donald trump becoming the president of US will really make good impact to the bitcoin market. Do you think such like mixers, exchanges , and others related to bitcoin will also benefit in terms of regulation?
Pressure from MAGA and Trump propaganda many months before the Election forced SEC to change and approve Bitcoin Spot ETFs, then Ethereum Spot ETFs in the USA. In last months of his Presidential Election Campaign, Trump shown his stronger support for Bitcoin and cryptocurrency market and there are good signals that he will keep up his sayings and promising policies for this industry and market. In addition to his win in Presidential Election, there is another win, Republic Party won the Senate, and there is another possible win is on the way The House. It will very possibly win in majority by Republic Party too. This Election is like 3 wins in one election for Republic Party and it means they will have many advantages for the next 4 years with Trump administration or at least next 2 years.
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Pandorak
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November 06, 2024, 10:02:47 AM |
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I know Donald trump becoming the president of US will really make good impact to the bitcoin market. Do you think such like mixers, exchanges , and others related to bitcoin will also benefit in terms of regulation?
Trump is doing all the good for bitcoin right now, that's what i'm seeing so far. Based on his statements at the last bitcoin conference, we're definitely going to see everything bitcoin related benefit, whether it's conservative or not. But if it goes to the mixers, i can't say much, it's a tool that has a lot of potential for illegal activity, so i don't see it coming back even if Trump wins the election.
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headingnorth
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NO SHITCOIN INSIDE
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November 06, 2024, 10:11:19 AM |
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I wonder how much US bitcoin holders helped push Trump to victory? Harris and the democrats ignored us at their own risk. We have become a sizable voting bloc. I think Trump won because he made his position clear on all the issues, not just crypto. While Harris was often vague or neutral on most things, making her appear indecisive.
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ETHEREUM IS THE MOTHER ASSHOLE FROM WHICH THE SHITCOINS SPRING.
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Lida93
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November 06, 2024, 10:16:28 AM |
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With Trump's election victory, will Bitcoin ride the wave of success to reach $75,000? The current price is $73,300.
The price had done $75017.09 already and there's every tendency that we're going to see it go close up to $80k or above in the coming days before the end of year 2024. We're already seeing the signs immediately Trump was announced winner. https://twitter.com/BTC_Archive/status/1854092436282159120?t=g9Qp0yiwNoXi7EJf-XAL3Q&s=19Borrowing from the words of Elon Musk early this morning on X "the future is going to be fantastic"!
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FortuneFollower
Copper Member
Jr. Member
Online
Activity: 182
Merit: 6
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November 06, 2024, 10:19:52 AM |
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With Trump's election victory, will Bitcoin ride the wave of success to reach $75,000? The current price is $73,300.
The price had done $75017.09 already and there's every tendency that we're going to see it go close up to $80k or above in the coming days before the end of year 2024. We're already seeing the signs immediately Trump was announced winner. https://twitter.com/BTC_Archive/status/1854092436282159120?t=g9Qp0yiwNoXi7EJf-XAL3Q&s=19Borrowing from the words of Elon Musk early this morning on X "the future is going to be fantastic"! Only if Trump will deliver on what he said - otherwise, it will be short-lived
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betswift
Copper Member
Jr. Member
Online
Activity: 266
Merit: 4
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November 06, 2024, 10:21:21 AM |
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With Trump's election victory, will Bitcoin ride the wave of success to reach $75,000? The current price is $73,300.
It already did it as Lida93 said, the question is how much the rally for BTC will be hyped after such an event and for long it would last if Trump is going to be the man he got the people to believe in him to be.
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michellee
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November 06, 2024, 10:32:49 AM |
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With Trump's election victory, will Bitcoin ride the wave of success to reach $75,000? The current price is $73,300.
Just recently within today, we already hit $74, 300+ as much as I can recall and $75,000 can't be a fly to the moon for bitcoin price because by the bull, we're expecting about $100,000. And with or without Trumps victory, we shall reach a greater All Time High in the bitcoin market. That bolded word will happen soon. We will see what will happen to the crypto market especially Bitcoin price. Will this moves Bitcoin price and start to runs the bull run? If yes, that will be a big surprise to us because Bitcoin finally can start increase and break every high price. But if not and still the same as before where the price will be ups and down, then we need to have more patience and not panic because we will see many correction later. It is a good moment to see Bitcoin make a new ATH after the last one so the investors can be more confident to hodl and wait for the next new ATH.
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Fiatless
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November 06, 2024, 10:37:35 AM |
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I know Donald trump becoming the president of US will really make good impact to the bitcoin market. Do you think such like mixers, exchanges , and others related to bitcoin will also benefit in terms of regulation?
Every government will want to control the affairs of citizens. They will always want to know about the financial transactions that happen within their jurisdictions and outside the US. I don't see Donald Trump promoting privacy tools and decentralized exchanges. Centralized crypto firms might benefit from him because his policies might favor them. The token he once promoted; World Liberty Financial has increased massively. He later clarified that he is not affiliated with the project but Trump and his children are all beneficiaries. As a businessman he might also want to make money from the crypto industry, thereby making favorable laws. The live World Liberty Financial (wlfi.club) price today is $2.77e-12 USD with a 24-hour trading volume of $30,968.56 USD. We update our WLFI to USD price in real-time. World Liberty Financial (wlfi.club) is up 41.42% in the last 24 hours. https://coinmarketcap.com/currencies/world-liberty-financial/
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Lida93
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November 06, 2024, 10:47:05 AM |
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With Trump's election victory, will Bitcoin ride the wave of success to reach $75,000? The current price is $73,300.
The price had done $75017.09 already and there's every tendency that we're going to see it go close up to $80k or above in the coming days before the end of year 2024. We're already seeing the signs immediately Trump was announced winner. https://twitter.com/BTC_Archive/status/1854092436282159120?t=g9Qp0yiwNoXi7EJf-XAL3Q&s=19Borrowing from the words of Elon Musk early this morning on X "the future is going to be fantastic"! Only if Trump will deliver on what he said - otherwise, it will be short-lived Choosing a pro bitcoiner as running mate (vice president) is a good way to start in showing he's gonna deliver on his campaign statements. Only those who dislike him would think so early that he would not deliver on what he had said. Now is time to wish him well and hope his government succeeds in line with the aspirations of the US citizens, as 47th president of the US.
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betswift
Copper Member
Jr. Member
Online
Activity: 266
Merit: 4
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November 06, 2024, 10:50:02 AM |
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Choosing a pro bitcoiner as running mate (vice president) is a good way to start in showing he's gonna deliver on his campaign statements.
Only those who dislike him would think so early that he would not deliver on what he had said. Now is time to wish him well and hope his government succeeds in line with the aspirations of the US citizens, as 47th president of the US.
I am thinking about it from the perspective of a politician, not his vice president - and from the actions he would do and push for in the future. I hope to remember your words fondly when he will do what he said.
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TheUltraElite
Legendary
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Going to reach LEET merits soon!
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November 06, 2024, 10:53:21 AM |
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I pointed this out in another thread and I will voice it again - Trump winning the elections from the support of bitcoin users does not necessarily mean that they will make everything better for bitcoin. Governments want taxation, money and Trump has his own casinos to run in the Vegas strip. Becomes the president means only relaxation for those casinos and more money for his family.
Very little advantage for the bitcoin users, but yet it is better than nothing.
I dont mean to say that a opposing candidate would have been better, but whoever get elected, the bitcoin users must stick together instead of choosing sides, because nobody will actually help us.
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Eternad
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With Trump's election victory, will Bitcoin ride the wave of success to reach $75,000? The current price is $73,300.
I think every adults here knew that the price pump is just temporary since some traders just want to capitalize the hype for Trump win to incorporate with Bitcoin. There’s still no guarantee that Trump will grant all his promises during his campaign. Also there’s a lot of government officials that needs to be convinced in able for Bitcoin to become less strict when it comes to regulations. But Trump win is a good start but the riding the hype now will be dangerous since this price fluctuation is just temporary.
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kryptqnick
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November 06, 2024, 11:14:52 AM |
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I think mixers will remain illegal, exchanges will remain legal. And that Trump will focus not so much on Bitcoin as on his family token project and trying to (ab)use his power to get his family even richer by getting US into tokenisation. That being said, I don't think he will succeed with that. I also don't think he will go against Bitcoin either. For now, the excitement over Trump's victory is obvious in the crypto market, with Bitcoin up by 7% over 24 hours. Overall, I just don't think Bitcoin will be high on Trump's current agenda, so I don't think we'll see much change for Bitcoin under Trump. Also, let's not forget that his presidency will start in late January 2025.
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pooya87
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November 06, 2024, 12:01:29 PM |
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With Trump's election victory, will Bitcoin ride the wave of success to reach $75,000? The current price is $73,300.
Bitcoin has gone up from something like $0.001 back in 2009 all the way to the current $70000 range without needing any type of president in the United States or any other country for that matter... ... the day Bitcoin needs that to rise is the day we can announce Bitcoin's death.
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Spaceman1000$
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November 06, 2024, 12:23:49 PM |
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With Trump's election victory, will Bitcoin ride the wave of success to reach $75,000? The current price is $73,300.
I'm really surprised myself, I saw the price and i was like, sincerely speaking the Donald Trump victory is surely for the benefit of the bitcoin community, i haven't seen such remarkable move in bitcoin price in such a short time frame before, the spike was travelling like the speed of sound. Congratulations to Donald Trump and the entire American people at large, they've made their choice and the victory has been resounding all across the globe. The crypto community will experience a breath of fresh air and the signs are there already.
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asriloni
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November 06, 2024, 12:42:47 PM Last edit: November 06, 2024, 02:12:00 PM by asriloni |
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With Trump's election victory, will Bitcoin ride the wave of success to reach $75,000? The current price is $73,300.
Bitcoin will, and why not? Bitcoin has even surpassed 75k, but it gets a small pull-back. Trump's election win has raised hopes. Many expect bitcoin to soar. Let's expect it to break 80k probably in the upcoming month if bitcoin's going to run with the current speed. People are hyped that Bitcoin is breaking new ATHs again. But, expect a correction to happen.
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