Crypto & Elections

[dansus021]

How have the election results impacted crypto? I know BTC trading volume has increased - I wonder if investors getting more confidence in the asset or if it's speculation.

 Crypto & Elections

Well for now elections or politics is really have an impact to crypto itself because Bitcoin is getting popular so anyone who have interested in crypto space, especially in a good way of course it will impact to crypto because they control the regulation.

Take a look Indonesia in my country the vice president told on his campaign that he gonna support the crypto dev, crypto community and crypto as a whole and for now Indonesia is accept crypto as part of the commodity and there is a legal exchange too.

In United States of America the Donald Trump seems love about crypto and we can see he created an NFT and memecoin called TRUMP and both of them is skyrocketing and he said that he gonna approve US bitcoin reserve too which is crazy IMO

[coupable]

It’s a win-win situation for everyone. Politicians declare their support for Bitcoin adoption by promising to facilitate cryptocurrency activities, which encourages more people to trust the market and thus trust politicians. Investors, in turn, benefit from this unspoken agreement and support politicians. Regardless of whether these promises are fulfilled or not, there is likely to be little results.

Politicians and their family members can take advantage of possible policies and get profit too. Like Trump as the USA. President Elect, publicly talked about his friendly plans for Bitcoin and cryptocurrencies. He did not hide that his family member are big fans and also investors in Bitcoin and cryptocurrencies.

Doing things with policies is very profitable, if you can do it successfully. Trump has many reasons for his family to open more space for Bitcoin and cryptocurrencies in the USA, but benefit for his nation is bigger too. Blockchain technology changed the world and will change it more, so a big nation like the USA. don't want to stay outside or see blockchain companies migrate from their nation to other countries because they have bad policies for this industry.

I can't understand what you mean by Trump's family. Do you mean his close family, i.e. his friends and relatives? I don't think that would be the motivation for adopting crypto-friendly policies anyway.

We have a previous experience with Trump in power, where his policies were not crypto-friendly and he did not contribute to supporting crypto even to a small degree. Now we have Trump supporting crypto in election promises to win the election, and we do not know what will happen after that. Hopefully, the influence of Elon Musk and J.Kennedy will help continue the adoption choice .

[Davidvictorson]

How have the election results impacted crypto? I know BTC trading volume has increased - I wonder if investors getting more confidence in the asset or if it's speculation.

The only major impact that I have observed that crypto has had on election is that, it has given crypto enthusiasts the opportunity to donate to fund the campaigns of those running for office using crypto. In other words it has brought inclusion to it. No other effect. Maybe something else is that crypto enthusiasts can now be influenced to vote for those whose manifestos are going to favor the crypto community in terms of polices.

[Sebas.tian]

Overall we have seen more than 30% increase in price after Trump emerged as winner of the just concluded US election. I think is just a mere proof that Trumps administration will be crypto friendly. I think Trump himself should be an investor and a lover of cryptocurrency and his win must have prompted some massive investment that turned out into the upsurge that Bitcoin recorded and so far there is no sign of major retracement which might mean more pumps in coming days

Base some words Trump speak during his campaign concerning crypto, really made many people to believe that he is a lover of crypto and he won the election as the president of US which is a great honour to all crypto users.If you pay attention to his speech, you will know that Trump is a lover of crypto, because since he was declared the winner of the election the price of Bitcoin increase above $100,000 for those that invested in Bitcoin to use the opportunity to trade or release for sale for income making. Now that he has resume office, I think the price of Bitcoin will increase higher before it will begin to decrease gradually till it reach some level where new investors can start purchasing Bitcoin and hold for long term.

[andyfibe]

Overall we have seen more than 30% increase in price after Trump emerged as winner of the just concluded US election. I think is just a mere proof that Trumps administration will be crypto friendly. I think Trump himself should be an investor and a lover of cryptocurrency and his win must have prompted some massive investment that turned out into the upsurge that Bitcoin recorded and so far there is no sign of major retracement which might mean more pumps in coming days

Base some words Trump speak during his campaign concerning crypto, really made many people to believe that he is a lover of crypto and he won the election as the president of US which is a great honour to all crypto users.If you pay attention to his speech, you will know that Trump is a lover of crypto, because since he was declared the winner of the election the price of Bitcoin increase above $100,000 for those that invested in Bitcoin to use the opportunity to trade or release for sale for income making. Now that he has resume office, I think the price of Bitcoin will increase higher before it will begin to decrease gradually till it reach some level where new investors can start purchasing Bitcoin and hold for long term. If you want to follow current changes in the cryptocurrency market and find out the latest changes, including changes in the price of Bitcoin, you can check out Kurs.com.ua. This site provides updated data and forecasts on cryptocurrencies, which can be an indicator for those who are planning to invest or trade in the cryptocurrency market

Looks like it's time to ask Trump to make a video about how he buys bitcoins

[Yucky]

How have the election results impacted crypto? I know BTC trading volume has increased - I wonder if investors getting more confidence in the asset or if it's speculation.

Elections or politics has impact on crypto if political candidates are into crypto when Trump and Kamala was running Trump was in support of crypto but Kamala was not you could clearly see the fate of crypto if Kamala had won it wouldn't pump the way it pumped when Trump entered.

So election affects crypto when the candidate or the winner is into crypto and is willing to support the crypto industry just like Trump did when he won it pumped and even now bitcoin is still on the profitable side compared to other coins because Trump is backing it up it has positive effects when it's been backed by the election winner and vice versa. I just am still on the news to get a hand on why Trump sold the $Trump coin

[Pmalek]

When we look back at Trump's inauguration yesterday we will notice that there was a lot of volatility on the market. Bitcoin was constantly on the move and went from $109,000 down to $101,000 and back up again several times. Judging by some comments I read, people expected that Trump would talk about Bitcoin in his inauguration speech. In my opinion, it's not a serious topic to discuss at a time like that or announce something like a national strategic bitcoin reserve. There are more important matters. The market reacted accordingly. Bitcoiners also expected Trump to pardon Ross on day 1, which is something he said he would, but I haven't seen any executive orders of him doing that yet.

I think we will see more downward trends in the days that follow if Trump doesn't do something that will benefit Bitcoin. There is too much hype and everyone is expecting it.