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Author Topic: Victory for trump is a win for bitcoin  (Read 1501 times)
Smack That Ace
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November 13, 2024, 04:02:58 AM
 #101

But for mixer exchange regulations that I don't think will be possible.
Bitcoin mixer is a specific case. Not sure whether is will be legalized or not. It depends on how the authority views its role/function on crypto space.
I think we can't fully assume it is impossible since it actually has an important thing for crypto business. It secures our privacy!



Mixers are important to the crypto industry but you need to remember that it goes against the government's thinking and interests. If they push and encourage people to increase their privacy, how can they control us? And as we all know, if they can't control us, they can't maintain power and they certainly won't let that happen.
I expected the Trump administration to push the crypto industry but I never thought there would be an opportunity for mixers or privacy related things to get their support. If Trump supports crypto and promotes its development, we will benefit because the price will increase, but the price we pay is that it will develop according to their will, not ours.

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November 13, 2024, 08:14:39 AM
 #102

But for mixer exchange regulations that I don't think will be possible.
Bitcoin mixer is a specific case. Not sure whether is will be legalized or not. It depends on how the authority views its role/function on crypto space.
I think we can't fully assume it is impossible since it actually has an important thing for crypto business. It secures our privacy!



Mixers are important to the crypto industry but you need to remember that it goes against the government's thinking and interests. If they push and encourage people to increase their privacy, how can they control us? And as we all know, if they can't control us, they can't maintain power and they certainly won't let that happen.
I expected the Trump administration to push the crypto industry but I never thought there would be an opportunity for mixers or privacy related things to get their support. If Trump supports crypto and promotes its development, we will benefit because the price will increase, but the price we pay is that it will develop according to their will, not ours.

Yep.
A double-edged sword at its finest.
It's either slow and steady or fast and furious being in one boat with the govs.
 Tongue
For me, I do think that as time goes on, we will see more and more influence coming from bigger entities, that's inevitable - the question is, how the community would adapt to it.

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November 13, 2024, 12:58:12 PM
 #103

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 supports Bitcoin and after he was elected as the President of the United States, the price of Bitcoin has increased rapidly. And the current position of Bitcoin has been able to reach a very high position, I think Bitcoin will show more good things to all investors in the coming days. Everything related to Bitcoin of mixers and exchanges will benefit whenever the price of Bitcoin increases. We have seen that the price of Bitcoin has increased a lot currently but the price of Altcoins has not increased so much, in that case we can say that only Bitcoin is the only reliable one at the moment. In that case, anything related to Bitcoin will definitely benefit, however, after the victory of Donald Trump, we have seen the price of Bitcoin enter the highest height. Since Donald Trump talked about creating a capital city through Bitcoin, he may do it in the future.

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November 13, 2024, 05:20:56 PM
 #104

Mixers are important to the crypto industry but you need to remember that it goes against the government's thinking and interests. If they push and encourage people to increase their privacy, how can they control us? And as we all know, if they can't control us, they can't maintain power and they certainly won't let that happen.
I expected the Trump administration to push the crypto industry but I never thought there would be an opportunity for mixers or privacy related things to get their support. If Trump supports crypto and promotes its development, we will benefit because the price will increase, but the price we pay is that it will develop according to their will, not ours.

Bitcoin that are not kyc is enough for the government to convince the people that the have privacy already. Anything outside this will be term as criminal activity and that's why all the mixers that I know in this forum despite ban from here doesn't exist again. Only few are still in existence and I'm sure that if the government can track down the servers where they are been hosted, the file and the domain is going to be sieze.

The government hasn't said anything about Bitcoin but you can see that we are almost going to $100k which is a very interesting part for Bitcoin. No traditional marketers will be happy about the run of Bitcoin trust me and since the government priorize traditional market than any market, regulations is paramount, it will come and we are going to accept it whether we like it or not.

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November 13, 2024, 11:24:45 PM
 #105

Yep that's trilled mate !
Bitcoin just scoot over and made a new All time high. Although it's was only the impact of the election, so far Trump has not done anything and Bitcoin has made its new all time high. Bitcoin will have a super duper moment when Trump fulfills his promises. I hope that he will definitely stay true to his words. Trump's promises mean that he will fulfill every stance that is necessary to create a pro crypto world. So I think if Trump fulfills these 4 critical promises which he did during campaign so there can be a lot of bullishness in Crypto industry. Bitcoin can easily cross 100k and even rise above 100k. Now it depends on Trump if he really adopts pro crypto policy then Bitcion can go very easily up to $100,000 in the near future (6,7 months or even a year).

I have faith that it can make a big Jump this year to $100k, but it is certain that if this does not happen in 2024 it will be very good for 2025, I think it will reach $100k very easily, many talk about the super cycle, of what can happen by 2025 because it is 4 years after the last ATH, so the hopes are very good and very encouraging, what should be done now? Buy all the btc you can.

But if the price goes down, it doesn't matter, it is one more Opportunity to get Cheaper bitcoin , many want to accumulate and accumulate bitcoin.

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November 14, 2024, 06:14:37 AM
 #106

Mixers are important to the crypto industry but you need to remember that it goes against the government's thinking and interests. If they push and encourage people to increase their privacy, how can they control us? And as we all know, if they can't control us, they can't maintain power and they certainly won't let that happen.
I expected the Trump administration to push the crypto industry but I never thought there would be an opportunity for mixers or privacy related things to get their support. If Trump supports crypto and promotes its development, we will benefit because the price will increase, but the price we pay is that it will develop according to their will, not ours.
And why are you so sure about Trump? Why do so many people have blinders on? Many are under illusions. You'll see, nothing good will happen. Well, this man can't lead the country to a new round of economic growth, which has been bankrupt several times. Consequently, he has a poor understanding of how the state's economy works, and all these loud slogans are nothing more than election campaigning. Well, I can "congratulate" the citizens of the United States on the fact that they got themselves into a lot of shit.

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November 14, 2024, 08:01:00 AM
 #107

Yep that's trilled mate !
Bitcoin just scoot over and made a new All time high. Although it's was only the impact of the election, so far Trump has not done anything and Bitcoin has made its new all time high. Bitcoin will have a super duper moment when Trump fulfills his promises. I hope that he will definitely stay true to his words. Trump's promises mean that he will fulfill every stance that is necessary to create a pro crypto world. So I think if Trump fulfills these 4 critical promises which he did during campaign so there can be a lot of bullishness in Crypto industry. Bitcoin can easily cross 100k and even rise above 100k. Now it depends on Trump if he really adopts pro crypto policy then Bitcion can go very easily up to $100,000 in the near future (6,7 months or even a year).

I have faith that it can make a big Jump this year to $100k, but it is certain that if this does not happen in 2024 it will be very good for 2025, I think it will reach $100k very easily, many talk about the super cycle, of what can happen by 2025 because it is 4 years after the last ATH, so the hopes are very good and very encouraging, what should be done now? Buy all the btc you can.

But if the price goes down, it doesn't matter, it is one more Opportunity to get Cheaper bitcoin , many want to accumulate and accumulate bitcoin.

There is not a bad time to get more BTC, that's the conclusion we all can make judging by the cycles we all experience on the market after some event spikes things up with how the market and BTC behave.

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November 14, 2024, 08:04:40 AM
 #108

Mixers are important to the crypto industry but you need to remember that it goes against the government's thinking and interests. If they push and encourage people to increase their privacy, how can they control us? And as we all know, if they can't control us, they can't maintain power and they certainly won't let that happen.
I expected the Trump administration to push the crypto industry but I never thought there would be an opportunity for mixers or privacy related things to get their support. If Trump supports crypto and promotes its development, we will benefit because the price will increase, but the price we pay is that it will develop according to their will, not ours.

Bitcoin that are not kyc is enough for the government to convince the people that the have privacy already. Anything outside this will be term as criminal activity and that's why all the mixers that I know in this forum despite ban from here doesn't exist again. Only few are still in existence and I'm sure that if the government can track down the servers where they are been hosted, the file and the domain is going to be sieze.

The government hasn't said anything about Bitcoin but you can see that we are almost going to $100k which is a very interesting part for Bitcoin. No traditional marketers will be happy about the run of Bitcoin trust me and since the government priorize traditional market than any market, regulations is paramount, it will come and we are going to accept it whether we like it or not.

So, basically - no mixers, BTC all the way to the heavens  Tongue
I do think that Trump will keep at least - some - of his promises made, and each one of them will be giving a bit of affect on the market.
The most obvious one would be to fire Gary..

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November 14, 2024, 02:03:36 PM
 #109

I have faith that it can make a big Jump this year to $100k, but it is certain that if this does not happen in 2024 it will be very good for 2025, I think it will reach $100k very easily, many talk about the super cycle, of what can happen by 2025 because it is 4 years after the last ATH, so the hopes are very good and very encouraging, what should be done now? Buy all the btc you can.

But if the price goes down, it doesn't matter, it is one more Opportunity to get Cheaper bitcoin , many want to accumulate and accumulate bitcoin.
Bitcoin almost reach $100k so that can happen before the end of this year unless there will be many bad news happens in the rest of this two months. If that is really happen, we may not see $100k before the end of the year and still need patience to wait for more. Reaching $100k is not easy as there will be many corrections that can happens and makes some people panic to see what happening in the market.

Many possibilities can happen in 2025 but we still don't know and needs to wait until that year comes. You can continue to buying more Bitcoin to prepare for the new and real ATH so you can sell your Bitcoin and take your profit.

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November 14, 2024, 02:23:30 PM
 #110

Victory for Trump is a win for Elon and then for bitcoin.
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November 14, 2024, 03:49:51 PM
 #111

And why are you so sure about Trump? Why do so many people have blinders on? Many are under illusions. You'll see, nothing good will happen. Well, this man can't lead the country to a new round of economic growth, which has been bankrupt several times. Consequently, he has a poor understanding of how the state's economy works, and all these loud slogans are nothing more than election campaigning. Well, I can "congratulate" the citizens of the United States on the fact that they got themselves into a lot of shit.

Are you a Harris supporter, a Democrat? It is confusing that the election is over and we have a winner but there are still some stubborn people who continue to spread negative things, badmouthing the opposition party's candidate. Also, are you a politician or an economist? How can you be sure that Trump will not be able to bring the US economy to a new era? Or are you upset that your candidate lost and you want to vent your anger by badmouthing others?


This is not a political topic, the main discussion that needs to revolve around is the future of bitcoin and cryptocurrencies under Trump.

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November 14, 2024, 04:27:19 PM
 #112

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?

Maybe in this case Trump will realize some of his promises about Bitcoin in the US, but maybe in the mixers section he will just leave it as it is, because we know that Mixers are already considered a place for money laundering by criminals and many authorities around the world have banned the operation of mixers. So there is no need to hope that the Trump administration will issue regulations that favor mixers, because they will still be banned.

R


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November 14, 2024, 09:46:33 PM
 #113

With the current position of bitcoin these days, I know Trump’s victory was the best thing for bitcoin. And we could see more price surging high in the following days, provided that there won’t be negative factors that will terribly affect the market.

Now, talking about mixers, as I can see, if it won’t be productive for bitcoin anymore, Trump will continue to avoid as much as the new administration is concern. Know that Trump is never a beginner in country’s leadership, he knows the best thing for the country and its financial industry, and even the best thing for bitcoin to continuously promote the significance and advantages of bitcoin.

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November 14, 2024, 11:58:26 PM
 #114

~snip~
Yep that's trilled mate !
Bitcoin just scoot over and made a new All time high. Although it's was only the impact of the election, so far Trump has not done anything and Bitcoin has made its new all time high. Bitcoin will have a super duper moment when Trump fulfills his promises. I hope that he will definitely stay true to his words. Trump's promises mean that he will fulfill every stance that is necessary to create a pro crypto world. So I think if Trump fulfills these 4 critical promises which he did during campaign so there can be a lot of bullishness in Crypto industry. Bitcoin can easily cross 100k and even rise above 100k. Now it depends on Trump if he really adopts pro crypto policy then Bitcion can go very easily up to $100,000 in the near future (6,7 months or even a year).

So you mean if Trump doesn't keep his promise then Bitcoin has no chance of hitting $100k in the future, right?
I do not deny the positive impact of his victory on the market these days and his market policies will have a significant impact on the development of bitcoin. But it would be incorrect to say that bitcoin would not have reached $100k or would not have continued to grow if he had not enacted pro-crypto policies.

We should remember that even in the 4 years under Biden, he never spoke out in favor of crypto but we also had a bull run in 2021 and a second bull run in March this year when bitcoin ETFs were approved. So even if Trump breaks his promise, Bitcoin will still continue to grow and reach $100k, but things will be more difficult.
Nope I didn't mean this..
I think you misunderstood my words. What I meant to say was that if Trump sticks to his words, we might see the price of Bitcoin quite bullish. Bitcoin is slowly making a moment in its bull cycle, but if Trump does any spark work regarding crypto adoption, it can break us from the routine and have a positive impact on the price. As you must have observed that before Trump was elected, the outflow of ETF increased, which means people withdrew their funds because the majority of people believed that Trump could not win and if he didn't win there could be a dump in the market. Despite Trump being elected, the market saw a sustainable pump within a few hours. So, I also believe that Trump can give us an extra boost in the bull run. There is no doubt that Bitcoin can cross $100,000 without Trump's pro crypto policy. But Trump's crypto stances may take us into a bull cycle sooner than actual time.

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November 15, 2024, 03:00:39 AM
 #115

Mixers are important to the crypto industry but you need to remember that it goes against the government's thinking and interests. If they push and encourage people to increase their privacy, how can they control us? And as we all know, if they can't control us, they can't maintain power and they certainly won't let that happen.
I expected the Trump administration to push the crypto industry but I never thought there would be an opportunity for mixers or privacy related things to get their support. If Trump supports crypto and promotes its development, we will benefit because the price will increase, but the price we pay is that it will develop according to their will, not ours.
And why are you so sure about Trump? Why do so many people have blinders on? Many are under illusions. You'll see, nothing good will happen. Well, this man can't lead the country to a new round of economic growth, which has been bankrupt several times. Consequently, he has a poor understanding of how the state's economy works, and all these loud slogans are nothing more than election campaigning. Well, I can "congratulate" the citizens of the United States on the fact that they got themselves into a lot of shit.

I mean I expect the Trump administration to be more crypto friendly than the Biden administration, I'm not sure of anything because politicians are not worth our complete trust. Besides, what better solution do we have than hope? Trump is 100% sure to be the new president of the United States and if we don't expect him, then who will we expect and hope for? Harris, a loser?

It seems like you are quite sensitive when it comes to Trump or his victory but you need to remember that he is the one who will lead the world for the next 4 years and we will be affected too. I don't know what will happen but I hope things get better instead of worse, and all I care about is crypto, I'm not a US citizen so I don't care what's going on there.


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November 15, 2024, 03:43:59 AM
 #116


Maybe in this case Trump will realize some of his promises about Bitcoin in the US, but maybe in the mixers section he will just leave it as it is, because we know that Mixers are already considered a place for money laundering by criminals and many authorities around the world have banned the operation of mixers. So there is no need to hope that the Trump administration will issue regulations that favor mixers, because they will still be banned.
You’re probably right but I’m pretty sure not everyone thinks the same way, there are still lots of people that truly acknowledge the importance of the services offered by mixers and so may have quite different point of view about it. That being said, we do not know what Trump’s view on mixers is or is likely to be, but I have a feeling he’s have a different view of mixers. I mean, mixers are just like every tool out there that some people chose to use the wrong way, but that doesn’t mean the innovative itself is bad or harmful, so I think he’ll put all these into consideration before taking any decision and not just because people feel it’s bad and harmful.

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SilverCryptoBullet
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November 15, 2024, 08:51:42 AM
 #117

You’re probably right but I’m pretty sure not everyone thinks the same way, there are still lots of people that truly acknowledge the importance of the services offered by mixers and so may have quite different point of view about it. That being said, we do not know what Trump’s view on mixers is or is likely to be, but I have a feeling he’s have a different view of mixers. I mean, mixers are just like every tool out there that some people chose to use the wrong way, but that doesn’t mean the innovative itself is bad or harmful, so I think he’ll put all these into consideration before taking any decision and not just because people feel it’s bad and harmful.
First of all, Trump can support Bitcoin and Bitcoin mining industry in the USA. Second, he can support like tax free for cryptocurrency companies with products in the USA. Many other things for him to do, before he can think of mixers like the last one in his to-do list.

I don't expect Trump to flip all current policies including very bad ones on Bitcoin and cryptocurrency mixers.


We're going to next four years with Trump administration.
YearChangeHighLowUSA President
________________________________________________________________
2024+107.5%$93,142$38,595Joe Biden
2023+155.4%$44,746$16,504Joe Biden
2022-64.3%$48,205$15,521Joe Biden
2021+59.6%$68,672$28,621Joe Biden
2020+304.1%$29,282$4,010Donald Trump
2019+90.9%$13,793$3,380Donald Trump
2018-73.3%$17,712$3,201Donald Trump
2017+1,369%$20,089$755.76Donald Trump
2016+123.8%$979.4$354.91Barack Obama
2015+34.4%$495.56$171.51Barack Obama
2014-57.6%$1,017$289.3Barack Obama
2013+5,435%$1,156$11.75Barack Obama
2012+183.5%$16.78$3.81Barack Obama
2011+1,435%$35.76$0.257Barack Obama
________________________________________________________________
Source: https://cryptorank.io/price/bitcoin/analytics











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arwin100
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November 15, 2024, 11:19:28 AM
Merited by Lanatsa (1)
 #118

Mixers are important to the crypto industry but you need to remember that it goes against the government's thinking and interests. If they push and encourage people to increase their privacy, how can they control us? And as we all know, if they can't control us, they can't maintain power and they certainly won't let that happen.
I expected the Trump administration to push the crypto industry but I never thought there would be an opportunity for mixers or privacy related things to get their support. If Trump supports crypto and promotes its development, we will benefit because the price will increase, but the price we pay is that it will develop according to their will, not ours.
And why are you so sure about Trump? Why do so many people have blinders on? Many are under illusions. You'll see, nothing good will happen. Well, this man can't lead the country to a new round of economic growth, which has been bankrupt several times. Consequently, he has a poor understanding of how the state's economy works, and all these loud slogans are nothing more than election campaigning. Well, I can "congratulate" the citizens of the United States on the fact that they got themselves into a lot of shit.

I mean I expect the Trump administration to be more crypto friendly than the Biden administration, I'm not sure of anything because politicians are not worth our complete trust. Besides, what better solution do we have than hope? Trump is 100% sure to be the new president of the United States and if we don't expect him, then who will we expect and hope for? Harris, a loser?

It seems like you are quite sensitive when it comes to Trump or his victory but you need to remember that he is the one who will lead the world for the next 4 years and we will be affected too. I don't know what will happen but I hope things get better instead of worse, and all I care about is crypto, I'm not a US citizen so I don't care what's going on there.



With recent events happening with bitcoin I guess it shows great indication that better future coming ahead with bitcoin and to its users. I guess those skeptical politician cannot do anything if Trump will be all out on bitcoin and implement some law that can help bitcoin to be more recognize or used in their country.

There's also plan or proposition to consider bitcoin as their reserve. If America or Trump administration will confirm that and make it happen then its expect that there's another good run will happen on bitcoin. That's why everything became more exciting with Bitcoin nowadays since we see huge potential for growth knowing many institutions is now showing up their interest to acquire this coin. Also I guess we just need to have faith in this new administration since I guess people expect a lot that Trump would deliver to his released promises to people.

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November 15, 2024, 03:11:21 PM
 #119

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?
In the short term it is possible with the victory achieved by Trump making rapid progress for Bitcoin on the market and we can see the price that continues to rise and is close to the $ 100K number. The level of people's trust in Bitcoin increases gradually and it is not only influenced by the presidential election process in America. If they support it and I think our desires are all involved in Bitcoin, surely expecting a level of progress in some of the technologies created.

We can hope that mixers and other exchanges can be far more developed with regulations but whether it will benefit the government. Especially if the exchange that does not require KYC and I think any government will definitely not support it to develop because of privacy reasons not to provide access to them.

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November 15, 2024, 05:55:00 PM
 #120

I think that as part of the Bitcoin Act, there is a section or clause that says that mixers facilitate anonymous transactions and are thus non-compliant with AML and KYC regulations which might make them a target for confiscation or asset "forfeiture"

L0la L33tz has a good take on in here: https://x.com/L0laL33tz/status/1854982166339314000

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