Maybe Trump will bring Bitcoin into a new age

[Botnake]

If Trump really fulfills the words he left during the election campaign, it will really give positive results to all the bitcoin communities and help raise its price even
in its usages for people who believe. and trust it.

But if he doesn't keep the promises he made, it won't be good either, and the communities that trusted and believed in him will be disappointed.

All we can do now is hope he fulfills his promise, because if he doesn’t, well, there’s nothing we can really do about it except try again next election. The crypto community won’t back him if he lets us down. The crypto community is big, and candidates want their support, so Trump's decision here matters a lot - it could shape the future of Bitcoin during his term.

You know, we’ve seen how news from the U.S., whether good or bad, has a huge impact on the Bitcoin market since the U.S. holds a significant amount (especially those confiscated coins). And if they’re planning to slowly build up to a target of holding 1 million BTC as a reserve fund, that’s massive, the entire market would feel the effects of that.

[Iranus]

You are right these days everyone only cares about wanting to see the 100K that is being talked about everywhere. I don't think that is bad but back to the goal and the things Satoshi stood for are now being pushed in the opposite direction as government agencies, corporations, etc try to control the remaining bitcoin. What does 100K mean if we lose the essence of Bitcoin.

As you think, do you think people really need decentralization and privacy like they say? Or are they only concerned with their own wealth? and what does privacy mean to the poor? We should be realistic that in today's life, money and wealth are the most important, only money can help you maintain life and survive, privacy will not feed you.

Also, as I said earlier, the price we pay for bitcoin to become popular is government intervention and regulation, which is inevitable because after all, they are the ones who control this world. Whether we like it or not, no one can stop the US government if they want to buy a majority of bitcoin and turn it into a national reserve. If we can't do anything to stop it, then why should we care? Instead, we should care about our own interests before it's too late.

[nakamura12]

If trump will follow up his promises when it was pre-election then it will bring a positive results in bitcoin. If a person with great importance to the economy trust bitcoin then many people will trust bitcoin too so if that happens then more and more people will now use bitcoin and I think it may cause other countries to do the same. There's a possibility that other countries will also make bitcoin as a legal tender like what El Salvador did.

[Zoomic]

You are right these days everyone only cares about wanting to see the 100K that is being talked about everywhere. I don't think that is bad but back to the goal and the things Satoshi stood for are now being pushed in the opposite direction as government agencies, corporations, etc try to control the remaining bitcoin. What does 100K mean if we lose the essence of Bitcoin.

As you think, do you think people really need decentralization and privacy like they say? Or are they only concerned with their own wealth? and what does privacy mean to the poor? We should be realistic that in today's life, money and wealth are the most important, only money can help you maintain life and survive, privacy will not feed you.

Also, as I said earlier, the price we pay for bitcoin to become popular is government intervention and regulation, which is inevitable because after all, they are the ones who control this world. Whether we like it or not, no one can stop the US government if they want to buy a majority of bitcoin and turn it into a national reserve. If we can't do anything to stop it, then why should we care? Instead, we should care about our own interests before it's too late.

I think people are really having a misconception here when they assume that the government will eventually take control of Bitcoin if they (the government) buy very large bitcoins. The only influence the government can have on bitcoin is the area of bitcoin price, aside this, the government would have to have a kind of influence on the of miners, the developers, including bitcoin users all over the world before we can really say the government has a total control over Bitcoin. The decentralized nature of bitcoin won't even allow that to happen.

You are right, we cannot stop the government from buying bitcoins, we can’t stop them from having a bitcoin reserve and we cannot also stop the government from doing their job which is 'regulation'. Rather than focus more on what the government intends to do with the bitcoins they would buy, we should focus more on creating strategies for ourselves that will help us achieve our bitcoin goals even in the midst of government actions and regulations.

[fruktik]

If trump will follow up his promises when it was pre-election then it will bring a positive results in bitcoin. If a person with great importance to the economy trust bitcoin then many people will trust bitcoin too so if that happens then more and more people will now use bitcoin and I think it may cause other countries to do the same. There's a possibility that other countries will also make bitcoin as a legal tender like what El Salvador did.

The most important word is "if". How long has Trump been fulfilling his campaign promises? He is good at talking a lot, but doing nothing concrete. There have been so many loud statements, but nothing has happened. To be honest, I don't hope for any radical changes. No, he is not the right person. And he is no longer old enough to promote progressive ideas to the masses.

[mindrust]

Trump pump is happening at the moment. Bitcoin is at $80k right now whlie I am typing this post. Some of the altcoins are also doing relatively great and giving a chance to switch positions. For example cardano is up 33% in the last 24 hours which is amazing if you want to get out of that garbage. This is your chance to dump it for bitcoin.

I think this is probably only the beginning of what is to come. I expect this pump to continue till Trump gets his crown in January.

[Lucius]

So in other words, you want the US to use taxpayer money to buy enough Bitcoin in order to manipulate the price of Bitcoin--in the same way the US has a strategic reserve of oil that they sell off when the price of gas gets too high.

A strategic reserve would give the US government the power to determine the price of Bitcoin. They could make the price go up by buying it, and make the price go down by selling it.

That's what you want? Seriously? Are you mad?

If we are honest, the majority who adore Mr. Donald is not the one who cares about what Bitcoin should represent, but they only care that he pump the price of the same with some of his actions so that they can profit from it. People simply don't care if one country has the largest share of BTC mining or if their CEXs and ETFs hold the majority of BTC - I dare say they are ready to sign a document acknowledging Mr. Donald as Satoshi Nakamoto and the ultimate "crypto" leader.

Historia est Magistra Vitae is an apparently insignificant saying for all those who seem to have decided to be part of a collective loss of memory for everything that happened from 2016 to 2020.

[pooya87]

This is just the beginning, and I wouldn’t call it market manipulation. It’s more likely that smaller investors are just riding the hype.

Maybe market manipulation was not the most accurate term but "traders riding hype" based on an arbitrary news seems like a market manipulation to me. Lets not forget that absolutely nothing has changed about Bitcoin or the US policies toward it. Nothing would change for at least 6 months, if they change at all!

A 5% increase might seem small, but with big capital, that’s already a solid return, way better than what banks give on deposits.

5% is small for bitcoin that has 30% rises and falls. Although now that I'm typing this price has gone higher.

Trump even shared his Bitcoin plans, saying he’d make it part of the national reserve. If that’s being realized, it would legitimize Bitcoin even more, especially since the U.S. has a huge influence globally.

If it does that only, it would be fine. But it may be more than that, and we may see more market manipulation at government level. As in pump and dumping the entire crypto market to earn billions to cover budget deficit...
That would be a terrible thing for the entire market.

So, here’s how I see it: right now, these are just plans, but we’re betting on the future, hoping these plans turn into reality. If they do, it’ll drive Bitcoin’s price up, boosting its value and overall acceptance. It’s all about steady improvements that’ll lead to an even stronger Bitcoin.

That's true. We are mostly speculating here...

[dzungmobile]

A 5% increase might seem small, but with big capital, that’s already a solid return, way better than what banks give on deposits.

5% is small for bitcoin that has 30% rises and falls. Although now that I'm typing this price has gone higher.

Bitcoin is not pump and dump coin, it makes Bitcoin totally different than altcoins.

Bitcoin can rise, fall, has corrections, has drawbacks in bull market, but it is not pumping and dumping.

• Bitcoin price history, ATHs and bottoms.
• Bitcoin: Bull market correction drawdowns.

[uneng]

     5. Most Bitcoins will be concentrated in the hands of countries, large companies, financial institutions and wealthy people for value preservation and transactions. The degree of concentration exceeds that of gold, so that few people can own a complete Bitcoin. Early Bitcoin investors can deposit Bitcoin in reputable financial institutions to obtain stable returns.

That is concerning, because it means Bitcoin is going to become centralized in few hands of powerful individuals and groups of power. Bitcoin was supposed to become splitted among the hands of many different adopters. Anyway, things never work as firstly expected, so regards the possibility of depositing funds in reputable financial institutions to earn stable passive income from, it was be analyzed very carefully, because such institutions are the main source of scams and funds seizure for the government.

If you want to keep yours coins safe from everyone, you have to store them inside a hardware wallet which only you have access to.

[RockBell]

If trump will follow up his promises when it was pre-election then it will bring a positive results in bitcoin. If a person with great importance to the economy trust bitcoin then many people will trust bitcoin too so if that happens then more and more people will now use bitcoin and I think it may cause other countries to do the same. There's a possibility that other countries will also make bitcoin as a legal tender like what El Salvador did.

If it's trump he will definitely keep his promise because the moment trump won their was declaration that he was already making and that is what made me love him his somebody that is very considerate, and the moment trump won their was changes in the atmosphere in the crypto space and even now the effect is still taking place because the price keeps increasing seriously and this is something that is expected from trump and their is a good that will come from trump.

And with the influence of trump it will affect the price of bitcoin, and other related economy issues, and the kind of police's will favor a lot of people, and countries because trump looks more better in decision making now since he was a one time president, thing will even be better this time around, Kamala administration is going to be worst than what we think, if she had won.

What I want to know now is that what exactly will trump do concerning bitcoin, is he going to make it a legal tender or what.

[nakamura12]

The most important word is "if". How long has Trump been fulfilling his campaign promises? He is good at talking a lot, but doing nothing concrete. There have been so many loud statements, but nothing has happened. To be honest, I don't hope for any radical changes. No, he is not the right person. And he is no longer old enough to promote progressive ideas to the masses.

That's why I said "if" because I am not sure or believe that trump will fullfil his campaign promises. So, I think what happened to bitcoin price just this month might be just a trend and it will go back the way it is before. For me, It doesn't matter to me since I did not live in the country where trump is living but I hope that the things he do or say will have a positive result to bitcoin. If what you said is true then that's just it which is only talk and promises but never fulfilled any of it.

[Wakate]

If trump will follow up his promises when it was pre-election then it will bring a positive results in bitcoin. If a person with great importance to the economy trust bitcoin then many people will trust bitcoin too so if that happens then more and more people will now use bitcoin and I think it may cause other countries to do the same. There's a possibility that other countries will also make bitcoin as a legal tender like what El Salvador did.

Trump has been a man of his word and I am very convinced that he's going to support the growth of Bitcoin which is going to influence the entire crypto market to keep going bullish. It has already been forecasted that Trump winning is going to boost the market positively and immediately he won the election, the price of Bitcoin skyrocket increasing the value of many crypto assets even in the stock market. The bull run is going to be huge and we all have to be ready to ride the market because it is certain that the price of Bitcoin is going to hit $100K soon which is going to influence and make many crypto holders millionaires.

[mindrust]

If trump will follow up his promises when it was pre-election then it will bring a positive results in bitcoin. If a person with great importance to the economy trust bitcoin then many people will trust bitcoin too so if that happens then more and more people will now use bitcoin and I think it may cause other countries to do the same. There's a possibility that other countries will also make bitcoin as a legal tender like what El Salvador did.

Trump has been a man of his word and I am very convinced that he's going to support the growth of Bitcoin which is going to influence the entire crypto market to keep going bullish. It has already been forecasted that Trump winning is going to boost the market positively and immediately he won the election, the price of Bitcoin skyrocket increasing the value of many crypto assets even in the stock market. The bull run is going to be huge and we all have to be ready to ride the market because it is certain that the price of Bitcoin is going to hit $100K soon which is going to influence and make many crypto holders millionaires.

The current Trump-pump is certainly teaching the nocoiner communists a lesson. Do you remember what they said about Trump before the election? They said he is not a friend of cryptoo, there won’t be a Trump puump, he is a liaaar etc etc. He is proving them wrong one by one and he isn’t even in office yet.

Imagine what would happen when begins to give orders. An amazing period of 4 years with Trump is waiting for us.

I wish him a long healthy life and hopefully he will finish what he started. To the meewn get rekt commies

[Mpamaegbu]

Every time there's news about it, Bitcoin will only get more bullish. So, with statements like this, betting on Bitcoin for the long term, just like the USA, is a solid choice.

That's the one that concerns me, and I believe million other Bitcoin fans. There's no hodler who doesn't like positive fundamentals, whether on Bitcoin or altcoins. News brings things to public view and limelight. Coming from the US, a lot of skeptic are going to quickly shift their position against Bitcoin and embrace it. The US is a world power and as such anything she does or indulges in draws attention, expectedly.

Trump's administration will, no doubt, favour Bitcoin going by his promises of support towards this industry. We saw how bullish most cryptos became (Bitcoin did around $6,000k in profit overnight because of it), even while election was still ongoing once it became obvious that Trump was leading the polls.

Trump's victory may be the needed catalyst for this bull run.

[nakamura12]

The current Trump-pump is certainly teaching the nocoiner communists a lesson. Do you remember what they said about Trump before the election? They said he is not a friend of cryptoo, there won’t be a Trump puump, he is a liaaar etc etc. He is proving them wrong one by one and he isn’t even in office yet.

Imagine what would happen when begins to give orders. An amazing period of 4 years with Trump is waiting for us.

I wish him a long healthy life and hopefully he will finish what he started. To the meewn get rekt commies

We will know or see soon enough if trump will finish what he started or just all talk just to boost his chances of winning the election during the pre-election. That's what I would just do and wait for things to happen and see if trump will finish what he started or not at all. Since it's not too long from winning the election so I guess there's not much to see what trump will do once time will pass. I don't know if he will finish it or not but I see that others are saying that trump is a man of his word.

Trump has been a man of his word and I am very convinced that he's going to support the growth of Bitcoin which is going to influence the entire crypto market to keep going bullish. It has already been forecasted that Trump winning is going to boost the market positively and immediately he won the election, the price of Bitcoin skyrocket increasing the value of many crypto assets even in the stock market. The bull run is going to be huge and we all have to be ready to ride the market because it is certain that the price of Bitcoin is going to hit $100K soon which is going to influence and make many crypto holders millionaires.

We'll know it soon enough and I don't think that trump will do something this time but people should give some time to start.

[Rabata]

If trump will follow up his promises when it was pre-election then it will bring a positive results in bitcoin. If a person with great importance to the economy trust bitcoin then many people will trust bitcoin too so if that happens then more and more people will now use bitcoin and I think it may cause other countries to do the same. There's a possibility that other countries will also make bitcoin as a legal tender like what El Salvador did.

Trump has been a man of his word and I am very convinced that he's going to support the growth of Bitcoin which is going to influence the entire crypto market to keep going bullish. It has already been forecasted that Trump winning is going to boost the market positively and immediately he won the election, the price of Bitcoin skyrocket increasing the value of many crypto assets even in the stock market. The bull run is going to be huge and we all have to be ready to ride the market because it is certain that the price of Bitcoin is going to hit $100K soon which is going to influence and make many crypto holders millionaires.

Trump is undoubtedly a pro-business figure. Almost everyone expects that he will give top priority to business. And when this leading country gives importance to business and economic development, the global war situation will definitely improve. People will give importance to money rather than war. Every country in the world will have the economic wheels moving which the people of the world have been expecting for a long time. In the meantime, after Trump came to power, almost all businesses, including the stock market, have started to gain momentum. Especially in the crypto market, the expectations of investors for 4 long years are about to be fulfilled. We can expect that Trump will be able to quickly recover from the deterioration of the financial situation in the world in the last few years.

[Wonder Work]

Trump has been a man of his word and I am very convinced that he's going to support the growth of Bitcoin which is going to influence the entire crypto market to keep going bullish. It has already been forecasted that Trump winning is going to boost the market positively and immediately he won the election, the price of Bitcoin skyrocket increasing the value of many crypto assets even in the stock market. The bull run is going to be huge and we all have to be ready to ride the market because it is certain that the price of Bitcoin is going to hit $100K soon which is going to influence and make many crypto holders millionaires.

Trump's body language is already having a positive effect on markets. The crypto market is moving in the direction that Trump promised before he won the election. Bitcoin price has skyrocketed as many crypto assets in the stock market have soared. As the price of Bitcoin continues to rise in this way, it seems that the price of Bitcoin will reach 100k$ within this week. I'm amazed every moment how Bitcoin price is making new ATHs every moment. Already Bitcoin is over 80k$ at present.

[lixer]

I think this guys are over expecting from Trump and this could lead to a very disappointing situation.

I think it's only natural for us to be like that (to have a high expectation at all things) and I think what fuels us more is when we discovered Bitcoin and we see that most of our predictions are correct because BTC already broken a lot of numbers/records. And another one would be here (Trump). We initially see its effect and it was positive, so again, it gives us more fuel. It is still better to have limitations of course, so that we are still in control of our emotions, just in case things don't go as expected.

It's even better that bitcoin remains the way it is than trumps promises be implemented even though it's benefits are overwhelming

This is deep but I think you got a point there. This is only the same as we said earlier about expectation, that we might not accept it if in case BTC fell down again from the top for some reasons.

[snerd]

So in other words, you want the US to use taxpayer money to buy enough Bitcoin in order to manipulate the price of Bitcoin--in the same way the US has a strategic reserve of oil that they sell off when the price of gas gets too high.

A strategic reserve would give the US government the power to determine the price of Bitcoin. They could make the price go up by buying it, and make the price go down by selling it.

That's what you want? Seriously? Are you mad?

OMG! You’re STILL here spreading FUD?! Give it up, man! Trump is the man! Bitcoin is exploding because of his election! America has spoken loud and clear!