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Author Topic: Are you enjoying Trump?  (Read 1559 times)
NotATether
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April 06, 2025, 10:19:27 AM
 #181

Jeez.

This is either going to end really badly or we will turn out to be alright after all. I don't think this will bring much benefit on its own.

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Iranus
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April 06, 2025, 10:34:36 AM
 #182



United States stocks has fallen and over $2.4 trillion has been lost on just Thursday. As of yesterday, it was reported that over $5 trillion has been lost. All what Trump could say was that he knew that would happen.

More precisely, from February 11 until today, the US stock market has evaporated more than $11 trillion. Coupled with the market fear index falling to 4, this is seen as a sign that the US economy is moving closer to a real recession.


https://edition.cnn.com/markets/fear-and-greed

https://economictimes.indiatimes.com/news/international/us/donald-trumps-second-term-is-off-to-a-rocky-start-as-wall-street-suffers-record-11-trillion-hit-since-inauguration-day-including-6-trillion-in-48-hours/articleshow/120014074.cms?from=mdr



He did not just impose tariff on Canada and Mexico. China, EU, UK, other European countries, South America, North America, Asia, Africa and many other countries were included on Thursday which made the stock crash to be massive.

Trump has imposed tariffs on 180 regions around the world with tariffs ranging from 10%-49%, with third world countries like Cambodia and Vietnam being the hardest hit.





Did you know that presently there has been a massive protest in United States just because of what Trump has been doing?

Also did you know the the Congress wants to limit the power of the United States president as they want to pass a bill to let the president first report to Congress about any change he wants to make on tariff and the Congress will be the one to determine if it should be done or not and the process can take months.

Even some Republicans have expressed dissatisfaction with what Trump has done recently but I think all of this has to do with the Democrats. We all know how polarized American politics is, and the Democrats are taking advantage of this situation to attract voters and supporters to their side.

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April 07, 2025, 11:51:22 AM
 #183

Bitcoin is not related to the stock market because it is a commodity, the correlation between bitcoin and stocks is because both markets depend and are influenced by the world economy. Meanwhile, Trump's decisions directly impact the economy, so it's not wrong to say that Bitcoin is related to Trump at this stage.
Bitcoin depends on the economy, and the economy is controlled by banks and governments, so there is no way bitcoin can be independent of them.


As long as we still believe that bitcoin can only increase in price when there is positive news and wait for some influential person to mention bitcoin to help it increase. It will remain a speculative asset and never a store of value. What Bitcoin will become is up to us, bitcoin investors will decide, not bitcoin.

You said it yourself. "Both markets depend and are influenced by the world economy". Wasn't Bitcoin designed to be independent from the centralized financial system? By letting Wall Street and mainstream governments in, we've essentially "destroyed" Bitcoin's value proposition. Now it moves according to what happens in the real world. It's even worse with Donald Trump patronizing it every step of the way. People associate Bitcoin with Donald Trump and tech stocks. I've even read comments from some people thinking there's some sort of CEO behind Bitcoin. Everybody thinks Bitcoin is an investment tool to "get rich quick", when in fact, it's much more than that. It's a currency, a movement, a revolution.

With such mindset, I don't think BTC will be able to establish itself as an independent asset/commodity. It's already too late for that. If the global financial system crashes, it will be bye-bye to Bitcoin's value for good (going all the way down to $0). At least, the core Blockchain itself is impervious from external interference. Those who truly believe in BTC will keep using it no matter what. Let's see how market prices will react with Trump's tariffs in play. There's a lot of uncertainty on global markets, so anything's possible.

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hafiztalha
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April 08, 2025, 05:08:22 PM
 #184

Bitcoin is not related to the stock market because it is a commodity, the correlation between bitcoin and stocks is because both markets depend and are influenced by the world economy. Meanwhile, Trump's decisions directly impact the economy, so it's not wrong to say that Bitcoin is related to Trump at this stage.
Bitcoin depends on the economy, and the economy is controlled by banks and governments, so there is no way bitcoin can be independent of them.


As long as we still believe that bitcoin can only increase in price when there is positive news and wait for some influential person to mention bitcoin to help it increase. It will remain a speculative asset and never a store of value. What Bitcoin will become is up to us, bitcoin investors will decide, not bitcoin.

You said it yourself. "Both markets depend and are influenced by the world economy". Wasn't Bitcoin designed to be independent from the centralized financial system? By letting Wall Street and mainstream governments in, we've essentially "destroyed" Bitcoin's value proposition. Now it moves according to what happens in the real world. It's even worse with Donald Trump patronizing it every step of the way. People associate Bitcoin with Donald Trump and tech stocks. I've even read comments from some people thinking there's some sort of CEO behind Bitcoin. Everybody thinks Bitcoin is an investment tool to "get rich quick", when in fact, it's much more than that. It's a currency, a movement, a revolution.

With such mindset, I don't think BTC will be able to establish itself as an independent asset/commodity. It's already too late for that. If the global financial system crashes, it will be bye-bye to Bitcoin's value for good (going all the way down to $0). At least, the core Blockchain itself is impervious from external interference. Those who truly believe in BTC will keep using it no matter what. Let's see how market prices will react with Trump's tariffs in play. There's a lot of uncertainty on global markets, so anything's possible.
Trump is very reputed person but he is not speaking in support of poor people. He made policies for the rich people because he is also rich people and have relationships with rich people. He will make policies which will damage poor people and poor people will die early. There are thousands of people who are facing hurdles in their lives and trump is responsible for that but who will take responsibility of that amd who will change the World. He launched his coin and he earned millions of dollars from that token and many people earned money but many lose money.Trump is focusing on making money and he will do that but we should learn from him and invest our time on useful things.

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April 08, 2025, 06:23:00 PM
 #185

You all thought Trump love bitcoin? But his policies is not making sense for bitcoin price to increase. His tariff plan on import of goods from Canada and Mexico caused the price of bitcoin to decrease. He paused it but later said yesterday that the tariff will become effect starting from next week. Bitcoin fell again and now below $90000.


That was one of the main reason why people voted for him, they thought that BTC and other crypto currencies would do well but after he won the election the price of Bitcoin has been going down immensely. Trump's administration is going as planned but in other aspects I would say he's doing well so far. But with trump as president what do you think the future of Bitcoin would be ? Is there really going to be another bill run that many experts have predicted to happen this year? From the looks of things that's not going to happen

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April 08, 2025, 06:33:25 PM
 #186

You all thought Trump love bitcoin? But his policies is not making sense for bitcoin price to increase. His tariff plan on import of goods from Canada and Mexico caused the price of bitcoin to decrease. He paused it but later said yesterday that the tariff will become effect starting from next week. Bitcoin fell again and now below $90000.
Trump talked a lot about Bitcoin before the election to get the support of Bitcoin lovers. And even after the election, he talked about Bitcoin for a few days. But now he is talking in favor of Israel and on the other hand is making various changes to the law regarding VAT tax. The whole world has now started talking against Trump. And due to such activity in the world, the crypto market has started going down, and Bitcoin and other fall top coins have already gone down a lot. Trump has now become a threat for crypto.

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April 08, 2025, 08:07:19 PM
 #187

Jeez.

This is either going to end really badly or we will turn out to be alright after all. I don't think this will bring much benefit on its own.
I have already said that we should not expect too much from Donald Trump because he can't take every decision on his own without the arms of government. Any decision Trump makes is in alliance with the American government so he is not the messiah that will make bitcoin or other cryptos to flourish. Whether everything ends badly or become alright, Trump's policies and decisions towards cryptocurrencies can only cause shot term market volatility, they won't last for a very long time. The market will still be revived systematically and not under the influence of a single entity.

R


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April 08, 2025, 11:43:11 PM
 #188

You all thought Trump love bitcoin? But his policies is not making sense for bitcoin price to increase. His tariff plan on import of goods from Canada and Mexico caused the price of bitcoin to decrease. He paused it but later said yesterday that the tariff will become effect starting from next week. Bitcoin fell again and now below $90000.


That was one of the main reason why people voted for him, they thought that BTC and other crypto currencies would do well but after he won the election the price of Bitcoin has been going down immensely. Trump's administration is going as planned but in other aspects I would say he's doing well so far. But with trump as president what do you think the future of Bitcoin would be ? Is there really going to be another bill run that many experts have predicted to happen this year? From the looks of things that's not going to happen
First of all, we will have to give ourselves time to get to know what exactly Trump is targeting and planning for Bitcoin, as we know that Bitcoin is a long-term asset and at that, any policy that is designed to support and work with Bitcoin must have a long term capacity so for that not rushing the present government to do what we think is right for Bitcoin a d the entire cryptocurrency space is wrong, we should allow him settle down in office and also to hit the road running first with his policies that will equal the growth of the countries in terms of trades and other bilateral deals.

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April 08, 2025, 11:56:06 PM
 #189


That was one of the main reason why people voted for him, they thought that BTC and other crypto currencies would do well but after he won the election the price of Bitcoin has been going down immensely. Trump's administration is going as planned but in other aspects I would say he's doing well so far. But with trump as president what do you think the future of Bitcoin would be ? Is there really going to be another bill run that many experts have predicted to happen this year? From the looks of things that's not going to happen

The only good aspect of Trump administration is the consistent press conferences he holds at the Oval office taking questions on world issues like war, trade, tarrifs etc. Being a president of America, almost the world, is not easy, he has a lot to think of, unless remember he'd chime his view on Bitcoin. Ever since his administration no reporter has asked him about his intentions on bitcoin. Hence, the Bitcoin community is lacking reporters who have access to the white house. They are the right people to question him on this matter.

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April 09, 2025, 12:30:36 AM
 #190

You all thought Trump love bitcoin? But his policies is not making sense for bitcoin price to increase. His tariff plan on import of goods from Canada and Mexico caused the price of bitcoin to decrease. He paused it but later said yesterday that the tariff will become effect starting from next week. Bitcoin fell again and now below $90000.
Trump talked a lot about Bitcoin before the election to get the support of Bitcoin lovers. And even after the election, he talked about Bitcoin for a few days. But now he is talking in favor of Israel and on the other hand is making various changes to the law regarding VAT tax. The whole world has now started talking against Trump. And due to such activity in the world, the crypto market has started going down, and Bitcoin and other fall top coins have already gone down a lot. Trump has now become a threat for crypto.
Yes, that's what is feared, indeed in taking Trump's policy there are many controversies that occur, and that is very worrying and can affect the Crypto market, when Trump announced trade tariffs and set the policies that occurred and it was very difficult and caused a simultaneous decline in the Crypto and Bitcoin markets, indeed that decision affected digital assets. I think if Trump's decision is not changed, an economic downturn will occur.

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April 09, 2025, 12:58:16 AM
 #191

The market's reaction to Trump's tariff policies is complex  Bitcoin's recent drop to sub 77K likely has multiple causes beyond just the economic policy shifts. While the tariffs may contribute to market uncertainty, it's important to remember that crypto markets experience volatility regardless of political factors.
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April 09, 2025, 01:49:03 PM
 #192

The market's reaction to Trump's tariff policies is complex  Bitcoin's recent drop to sub 77K likely has multiple causes beyond just the economic policy shifts. While the tariffs may contribute to market uncertainty, it's important to remember that crypto markets experience volatility regardless of political factors.
Not only the crypto market the stock market has also been down since the Trump tariffs came into effect when the policy was in effect the global economy became uncertain I don't want to attribute that his policy has caused the market to react quite strongly but the fact is that's what we are feeling right now. The market is still not showing good signs I think this downturn will continue but don't panic we have been through this many times let's fasten our seat belts and enjoy this volatile market while taking advantage of the buying momentum as much as we can. Wink

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April 09, 2025, 06:26:34 PM
 #193

Markets soar as Trump pauses higher tariffs on most countries but hits China with 125% rate

https://www.bbc.com/news/live/cp8vyy35g3mt

I hope Trump will stop this tariff craziness. He paused it for 90 days. I hope he will open to negotiation.

Bitcoin started to increase significantly after the tariff pause. The price of bitcoin now is $82650.

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April 09, 2025, 08:52:34 PM
 #194

Trump talked a lot about Bitcoin before the election to get the support of Bitcoin lovers. And even after the election, he talked about Bitcoin for a few days. But now he is talking in favor of Israel and on the other hand is making various changes to the law regarding VAT tax. The whole world has now started talking against Trump. And due to such activity in the world, the crypto market has started going down, and Bitcoin and other fall top coins have already gone down a lot. Trump has now become a threat for crypto.

What he has just showed us is the reality of life after election. You know the people that were expecting the most from him are the Bitcoin community, they want to see Bitcoin becomes legal because you know we are impatient and he has to play along. If he doesn't say anything about Bitcoin from now till the end of the year, I will not be shock because there is nothing economical about him and US economy, it's the ones he knows he is currently fighting for and that's the tarrif interest.

He is doing everything to proof to the world that America is not a weak country and a country every country can't do without but then we all know he is bluffing with those tariff, even the US can be sustain with those numbers unless he want to tank the US growth by more than 50% cos tell me, who is going to pay 50% tarrif? On what bases even if the relationship trade is benefiting other countries, they will fall out of line but time will tell, I still don't think this 90 days cool off will change anything.


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April 10, 2025, 08:05:01 AM
 #195


Trump is very reputed person but he is not speaking in support of poor people. He made policies for the rich people because he is also rich people and have relationships with rich people. He will make policies which will damage poor people and poor people will die early. There are thousands of people who are facing hurdles in their lives and trump is responsible for that but who will take responsibility of that amd who will change the World.

Which of his policies benefit the rich and harm the poor? The tariff war is hurting everyone, not just the poor. While middle and low income people are spending more because of tariffs, rich people don't care and are not affected much by it but they suffer huge losses in the stock market. Trillions of dollars have been wiped off the stock market in a short period of time because of his tariffs. Many billionaires who once supported him have now turned to criticize and oppose his tax plan. It can be said he is hurting everyone and not targeting anyone in particular.


https://edition.cnn.com/2025/04/07/business/bill-ackman-criticize-trump-tariffs-intl/index.html

He launched his coin and he earned millions of dollars from that token and many people earned money but many lose money.Trump is focusing on making money and he will do that but we should learn from him and invest our time on useful things.

He made billions of dollars as at one point the market capitalization of TRUMP reached over $16 billion. But I won't blame him, those who lost money should take responsibility for themselves because it was their decision. Did Trump promise anything regarding that coin, or did he force people to invest in it?...It is obvious that people are greedy, want to get rich quick and think it is easy. In the end, most of them lost money but did not dare to admit that it was due to their greed and tried to blame him.

Crypto is a financial market, not a charity, I think we all know that and we should take responsibility for our decisions instead of blaming others when we lose.

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April 10, 2025, 08:09:54 AM
 #196

It's obvious that what he is doing has impacted Bitcoin and crypto market, so the answer could be No, we are not enjoying. However, when he won and see the price goes to $109k, then at that time, we are all proud that Trump is elected as a pro-Bitcoin President.

But now, things are very different, specially his tariff that really cause a lot of chaos, against everyone, from big countries like China and his allies like Canada so it really messed things up from financial perspective. And we can't do anything about it but to absorb it as Bitcoin enthusiast and wait till the market settles down.

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April 10, 2025, 08:48:03 PM
 #197

This is either going to end really badly or we will turn out to be alright after all. I don't think this will bring much benefit on its own.
It will end very bad. I do not see a scenario where global economy recovers from this, it is going to just get worse and worse. While crashes like 2008 was big on the whole world, and even COVID made sure we couldn't work, this one is a long term terrible news. It is not going to make it terrible overnight, you are not going to get poor overnight, but at the end, you are going to feel it more and more.

I can't see how it could be better, there is really nothing that looks like it could be better, this is why I try to avoid it as much as I can to deal with foreign goods during this period. If you really want to make sure, then you could just check all the economists talking about this, they are saying the same thing.

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April 11, 2025, 11:04:45 AM
 #198

It's obvious that what he is doing has impacted Bitcoin and crypto market, so the answer could be No, we are not enjoying. However, when he won and see the price goes to $109k, then at that time, we are all proud that Trump is elected as a pro-Bitcoin President.

But now, things are very different, specially his tariff that really cause a lot of chaos, against everyone, from big countries like China and his allies like Canada so it really messed things up from financial perspective. And we can't do anything about it but to absorb it as Bitcoin enthusiast and wait till the market settles down.

Well, no other President has been as crypto-friendly as Donald Trump. His administration's policies (except the tariffs) are ultra-bullish for crypto. I'm sure the market will adjust with tariffs in play. Long-term speaking, Bitcoin should go all the way to Mars. We just need to be patient. If we panic, we'll miss the opportunity of a lifetime to get filthy rich.

Whatever happens, rest assured that Bitcoin won't be going anywhere soon. It went through several downfalls in market price, yet it achieved a new ATH after each halving period. Back then, there were no spot ETFs and the crypto industry was in some sort of "greyish" regulatory stance. Bitcoin has gone this far, so I'd suggest you keep buying and ignore the FUD. Cheesy

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April 11, 2025, 11:50:14 AM
 #199

Jeez.

This is either going to end really badly or we will turn out to be alright after all. I don't think this will bring much benefit on its own.
Is too early for people to conclude if this new administration will favour crypto users or not, If you watch the president very well, you will know that he is still working to see how crypto users and nations will benefit from this new administration, which was the reason he brought out this tariff policy to see what will happen next. I have confident on this U.S new administration, that it will going to be better than last administration because the president speak on crypto reserve recently, which he will surely do it before this tenure run out.

Let us watch what will happen for his next move concerning crypto, I know he will do something fast that will make people to believe that U.S president care about crypto.

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April 30, 2025, 07:14:58 PM
 #200

Is too early for people to conclude if this new administration will favour crypto users or not,

In crypto you are correct.In regards to trust, that is gone.
Leaving the Ukraine alone in Kursk, Allies having doubts about if you can disable fighter planes in midair?
Withdraw a protection they the US asked for 20+ years?

America 1st is America alone now.

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