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Author Topic: Which other presidents could make Bitcoin bullish?  (Read 878 times)
Despairo
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January 25, 2025, 04:54:53 AM
 #21

Supports decentralized systems, when president is one of centralized systems, it's almost impossible, we're not live in paradise.

I would challenge any president who dare to support Bitcoin in 2026 and 2027, make sure in that years Bitcoin will beat the ATH in this year. Because at that years it should be bearish season and correction, if there's a president can make Bitcoin price hit new ATH, then it's true the president can control Bitcoin price.

If they only show and support Bitcoin during bullish season, without them Bitcoin is always fine.

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January 25, 2025, 05:04:24 AM
 #22

It must be China's President and India's prime minister.

I know how strict China and India toward crypto. If they can open the crypto gate through adding Bitcoin as their reserve, it is gonna give us massive adoption. China is the second largest economy in the world, which is gonna contribute a lot to the organic growth of Bitcoin adoption. Meanwhile, India is also a country with most population, and it's gonna help Bitcoin to get massive adoption.

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January 25, 2025, 05:59:18 AM
 #23

But once this hype fades, I wonder who could be the next president to have such a huge impact on the crypto community.
Before anything else, I think it is wrong or inaccurate to call what is happening right now with bitcoin as 'hype'. Because when this 'hype' of Trump supporting bitcoin fades, what will be left but the regulations and laws that uplift not only bitcoin but the crypto industry as a whole. This is not simply an event that would drive the prices higher but a step to many more so we reach adoption globally.
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Someone who could spark bullish speculation like what we’re experiencing now. It’ll likely be a leader with a strong stance on blockchain innovation, maybe someone who openly supports decentralized systems or sees crypto as a tool for economic growth. Any guesses?
I do not know if there is any president that is so passionate about crypto aside from El Salvador's. The one you are describing is most likely not a president yet and is someone from the younger generation.

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January 25, 2025, 06:43:01 AM
 #24

It must be China's President and India's prime minister.


I agree about China, there needs to be a major positive change, and it would definitely grab the world’s attention. As for India, I don’t think they’re completely against Bitcoin. While they don’t recognize it as legal currency (just like many other countries), trading and holding Bitcoin is legal there.

China seems to be the only major country that’s openly unfriendly toward Bitcoin. On the other hand Russia is using Bitcoin to bypass sanctions, so they’re more inclined to embrace it.

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January 25, 2025, 06:51:19 AM
 #25

Recently, Trump's positive stance has had a huge impact on cryptocurrencies all over the world. Many have supported him considering his support for Bitcoin in the US presidential election as a positive attitude. After Trump's victory, he is working to implement those promises. He has definitely become a crypto enthusiast.


https://coinmozo.com/bitcoin-to-become-the-new-world-reserve-currency/
We want to see changes constantly for the crypto hype. That is why many people feel that who will help crypto to become bullish next time? In reality, no individual or institution can turn Bitcoin into bullish or bearish if they want. The most important role in this is played by ordinary investors and holders. There is no way to deny the importance of important individuals such as Michael Saylor, who is known as the largest Bitcoin holder.

I am not very optimistic about the US President as a political figure because he is in power today and may not be there tomorrow but those who will always be there like Michael Saylor, Elon Musk, Nayib Bukele and others will increase the value of Bitcoin. If countries start making Bitcoin a reserve currency then the price of Bitcoin will start to rise again massively.

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January 25, 2025, 06:51:38 AM
 #26

But once this hype fades, I wonder who could be the next president to have such a huge impact on the crypto community.
xi jinping. vladimir putin.

presidents of countries that are wealthy and powerful and influential in the world. both notorious for being aggressive and strict they have been presidents of each respective countries for more than 10 years each

quite known as dictators and most importantly these countries are known for not being accepting of crypto so just imagine if either president decides to show some support for crypto openly and have bitcoin be a legal tender? quite unrealistic to me but we'll see because we never know what could happen
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January 25, 2025, 07:08:04 AM
 #27

The one people least expected
The President of China Xi Jinping
Probably this is the best answer. Right now the world's biggest economies are the USA and China, the USA are openly accepting bitcoin, China not yet and if they start, well, that would be the best scenario. I would be quite surprised if China doesn't even try to enter the crypto world, leaving everything to the USA would be a huge mistake (for them).

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January 25, 2025, 09:22:48 AM
 #28

As we’ve all noticed, it’s Trump causing a lot of hype in the market lately. People are speculating that he might introduce crypto-friendly policies, and of course, he probably has his own intentions, like promoting his coin.

But once this hype fades, I wonder who could be the next president to have such a huge impact on the crypto community. Someone who could spark bullish speculation like what we’re experiencing now. It’ll likely be a leader with a strong stance on blockchain innovation, maybe someone who openly supports decentralized systems or sees crypto as a tool for economic growth. Any guesses?

Before Trump, no one speculated on their election campaigns on Bitcoin as Trump did, and Bitcoin grew on expectations, to some extent Trump took advantage of the large Bitcoin community that would like to see a loyal president, but what will happen next is still hard to say. I did not like that a few days before the inauguration, Trump made a post about his meme, which showed that he puts his personal income as a priority for himself. I also did not hear from him about the Bitcoin reserve, he does not mention it in his speeches, but it is too early to draw conclusions...

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January 25, 2025, 09:51:25 AM
 #29

I think that China and Russia could be a big contender in making an effect on the bitcoin market, but in my opinion, as long as the USA is at the top of the food chain when it comes to global market, we would probably see in the immediate future of bitcoin that it's going to be mostly affected by changes in the presidency/administration of the USA. It's a really big position to be filled too, that's why it's a big deal to people in bitcoin whoever sits on the Oval office because it influences how the market moves.



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January 25, 2025, 10:00:51 AM
 #30

Supports decentralized systems, when president is one of centralized systems, it's almost impossible, we're not live in paradise.
crypto can't fully realize its full potential under a government but what are we to do when the acknowledgement of crypto and its adoption depends on these governments?

at best we are just expecting a president that sees the potential of bitcoin and knows its benefits and how to use it even without wanting it to be centralized completely 
Quote
if there's a president can make Bitcoin price hit new ATH, then it's true the president can control Bitcoin price.
no one can control bitcoin and most likely when bitcoin is at bear cycle, no president would be turning their heads towards bitcoin
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January 25, 2025, 10:09:14 AM
 #31

As we’ve all noticed, it’s Trump causing a lot of hype in the market lately. People are speculating that he might introduce crypto-friendly policies, and of course, he probably has his own intentions, like promoting his coin.

But once this hype fades, I wonder who could be the next president to have such a huge impact on the crypto community. Someone who could spark bullish speculation like what we’re experiencing now. It’ll likely be a leader with a strong stance on blockchain innovation, maybe someone who openly supports decentralized systems or sees crypto as a tool for economic growth. Any guesses?
I think that any President who is popular in social media, can make Bitcoin bullish. Trump is the most popular celebrity President to my mind, so what he says, it greatly affects Bitcoin's price but I'm curious about what kind of influence it will have when he really does something because what you say and what you do is different. I think if he does what he says, the positive effect will be at least two times greater.
When it comes to celebrity Presidents, I don't know what's happening in China and India because these countries have the highest populations and one of the largest economies, so in theory, their Presidents could be capable of making Bitcoin bullish if they promise or do something positive for Bitcoin.

Some of the biggest celebrities in social media are Putin and Emmanuel Macron to my mind but Putin's celebrity status is much bigger than Macron's.

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January 25, 2025, 10:20:05 AM
 #32

As we’ve all noticed, it’s Trump causing a lot of hype in the market lately. People are speculating that he might introduce crypto-friendly policies, and of course, he probably has his own intentions, like promoting his coin.

But once this hype fades, I wonder who could be the next president to have such a huge impact on the crypto community. Someone who could spark bullish speculation like what we’re experiencing now. It’ll likely be a leader with a strong stance on blockchain innovation, maybe someone who openly supports decentralized systems or sees crypto as a tool for economic growth. Any guesses?

First world country presidents would provably bring another good hype for Bitcoin, if one of those country leaders would follow what Trump did for sure that it can generate good recognition and hype to people since for sure that many will look forward for more better future especially that there huge chance that there might be a first world countries will follow.

With current developments happening and ongoing lots of discussion about other countries plans to create a Bitcoin reserve there's provably some thoughts of many more country to do the same since for sure that they don't want to be left behind when there's something Bitcoin standard that will change on financial system.

R


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January 25, 2025, 10:24:08 AM
Merited by pooya87 (4)
 #33

If you think Bitcoin's rise is because of Trump, you are very vulnerable to being fooled. People like Musk or Trump have very limited influence on Bitcoin. They are people who only care about their own interests. The manipulation they try to do will only have a limited impact on the rise or fall of Bitcoin. Bitcoin is not tied to any government, and the decisions they make on behalf of their countries only concern their own countries. Bitcoin is a supranational currency.
Don't attribute so much significance to governments and their leaders, you'll only end up disappointed.
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January 25, 2025, 11:17:12 AM
 #34

It must be China's President and India's prime minister.
As for India, I don’t think they’re completely against Bitcoin. While they don’t recognize it as legal currency (just like many other countries), trading and holding Bitcoin is legal there.

China seems to be the only major country that’s openly unfriendly toward Bitcoin. On the other hand Russia is using Bitcoin to bypass sanctions, so they’re more inclined to embrace it.
Even though holding and trading crypto is not illegal in India the current ruling government is showing anti crypto stance for years that is why they implemented 30% capital gains tax which is fine to some extent but there is another 1% TDS, so every time you trade with $1000 then 1% of it will be deducted as tax means $10 for everytrade which also doesn't look like a huge amount but let's assume someone did 10 trades and they will be paid $100 as tax but I don't think they made any profits at all so they are discouraging with this move.

And the opposition party is not that friendly either so change of prime minister will not bring rapid change like Trumps but if one who took appropriate tax rates then the growth will be phenomenal in long run.

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January 25, 2025, 11:42:58 AM
 #35

Xi Jinping - China
Vladimir Putin - Russia

Which will create a big stir again, but will the two presidents mentioned make the same stir as Trump? I don't think it's likely anytime soon except in the next few years.

At the moment both leaders are focusing on BRICS so they will put aside bitcoin and its blockhain technology, so at the moment only Trump can make a big sensation.



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January 25, 2025, 11:45:12 AM
 #36

If you think Bitcoin's rise is because of Trump, you are very vulnerable to being fooled. People like Musk or Trump have very limited influence on Bitcoin. They are people who only care about their own interests. The manipulation they try to do will only have a limited impact on the rise or fall of Bitcoin. Bitcoin is not tied to any government, and the decisions they make on behalf of their countries only concern their own countries. Bitcoin is a supranational currency.
Don't attribute so much significance to governments and their leaders, you'll only end up disappointed.
In a speculative market like this, there should always be a specific reason behind Bitcoin's rise. Of course, it’s not like Trump himself is buying Bitcoin, but this market thrives on news and speculation. We can’t deny that most headlines have been tying the bullish movement of Bitcoin to Trump, whether directly or indirectly.

If there are other factors driving this movement that I might have missed, I’d love to hear them. It’s always great to learn more and have a clearer understanding of what’s pushing Bitcoin’s momentum. Any insights you can share to educate us would be appreciated!

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January 25, 2025, 11:51:02 AM
 #37

bitcoin do not depending on China to grow.

That’s my take every other day. Bitcoin haven’t depended on a single government, presidency or even candidate for the office to be bullish right from its introduction. Bitcoin has always found a way to maintain its circle since 2009 to today. It’s still going to maintain its circle no matter what so, let’s take it easy with all the Trump praises as though, without him Bitcoin would have experienced a consolidating or bearish market, no. Bitcoin still would have pumped at some point, Trump was just a facilitator as we have it.

R


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Baki202
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January 25, 2025, 12:54:56 PM
 #38

Before Trump, no one speculated on their election campaigns on Bitcoin as Trump did, and Bitcoin grew on expectations, to some extent Trump took advantage of the large Bitcoin community that would like to see a loyal president, but what will happen next is still hard to say. I did not like that a few days before the inauguration, Trump made a post about his meme, which showed that he puts his personal income as a priority for himself. I also did not hear from him about the Bitcoin reserve, he does not mention it in his speeches, but it is too early to draw conclusions...

This is the first time that Bitcoin has been given priority during an election and Trump was the only one who gave attention to Bitcoin He also used Bitcoin as an election strategy and it is now time for him to pay back to Bitcoin, and he's threatening to make bitcoin a foreign reserve, and if he succeeds in doing that, then it will help bitcoin, and other countries will try to copy us, and only a few countries have an interest in bitcoin, and it is working for them, and if the USA decides to take their adoption and make the country a crypto-free country, then it's going to help them seriously because who would have expected the USA to be behind the massive change in the market because even the Trump coin gave more exposure to the crypto space? And no matter how he tries to make his business a priority and talks about his coin, it won't affect Bitcoin or change the fact that Bitcoin is still the number one.











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mamesso
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January 25, 2025, 01:39:15 PM
 #39

Many predict 2025 will be a great year for Bitcoin, especially after Trump becomes US President again. It is not wrong if Trump is called the "crypto president" because he has managed to attract support from many parties in the Bitcoin community. Bitcoin future would be even brighter if the US government took a more friendly regulatory stance towards crypto assets during Trump presidency.
The positive side is starting to show, Bitcoin prices started to surge after Trump victory, indicating stronger market momentum during his term.
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January 25, 2025, 01:53:33 PM
 #40

But once this hype fades, I wonder who could be the next president to have such a huge impact on the crypto community. Someone who could spark bullish speculation like what we’re experiencing now. It’ll likely be a leader with a strong stance on blockchain innovation, maybe someone who openly supports decentralized systems or sees crypto as a tool for economic growth. Any guesses?
Common guys!.. enough of this Trump story everywhere in this forum, we all know the principle sorrounding Bitcoin growth,  yeah actually Trump might have some influence on Bitcoin but let us not forget that Bitcoin has been doing fine all this years.

Now you ask which president can creat an impact Donald Trump has done in the crypto space? While he has not even implemented the strategic reserved asset as promised yet. You have also forgotten that the desired Trump of today,  was once a promise and fail president in regards to his promises on Bitcoin.

I believe that even many business men or well known and recognized people can do more than what Trump did. Micheal J saylor of microstrategy has created alot of attraction in making Bitcoin a reserved asset before Trump is trying to follow suit, so there are many people or country like El Salvador who are even doing more better in making Bitcoin bullish than Trump. So don't be deceived about Trump. Even if Elon musk decide to invest in Bitcoin today and declare his intentions openly, he will evenale Bitcoin bullish than Trump. I guess we talk of more better thing than this Trump of a hype.

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