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Author Topic: Are you enjoying Trump?  (Read 1559 times)
BlackBoss_
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February 26, 2025, 03:39:09 AM
 #21

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.
Bitcoin price table and its ROI show that Bitcoin has been growing very parabolically over years without Trump. Bitcoin history since 2009 includes 4 years of his first Presidency from 2016 to 2020, but you can see Trump departure from White House 4 years ago did not impact Bitcoin to fall down.

Trump is in the White House oval office again, and will be there next 4 years, but Bitcoin existence or chance of existence will be longer than next four years. Its adoption and price can be affected by many things globally, not only what will happen in the USA under Presidency of Trump or other Presidents.

Even you like Trump individually, like his policy on Bitcoin and cryptocurrency, assess his policies positively, it does not change that Bitcoin future won't depend on next 4 years of his presidency.

https://casebitcoin.com/

R


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February 26, 2025, 04:41:34 AM
 #22

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.
i never believed in Trump promises because he has once promise and failed. i even sound it as a warning in several of my post that folks should not have high hope in Trump because politicians can do anything to get what they want, and i guess my prediction about Trump is gradually manifesting. but then lets not get into conclusion for now. but i think this is an avenue to accumulate more bitcoin now the market is bloody before it take it pace.

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February 26, 2025, 04:59:45 AM
 #23

Unfortunately, all the dreams that Bitcoin lovers built on Trump's victory and his encouragement of Bitcoin have gone down the drain. Trump started his term by issuing a meme about himself and his wife, and his reckless decisions have caused the price of Bitcoin to continue to fall since he took office until now.

A quick look shows that during Biden's term, despite his hostility to Bitcoin, the price of Bitcoin has risen significantly, while the opposite is happening during Trump's term, who supports Bitcoin. A truly funny paradox.


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February 26, 2025, 07:06:18 AM
 #24

Well there is the only 1 thing for me that does matter with President Trump. And that is how he will make the price of Bitcoin go up more.And when he did become the US President then we did see Bitcoin price go up.

I do not think it will be 89k now if he was not American President. So for now I am liking what he is doing for crypto. And I do think we will see a 'bull run' come in next few months.

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February 26, 2025, 08:17:40 AM
 #25

A quick look shows that during Biden's term, despite his hostility to Bitcoin, the price of Bitcoin has risen significantly, while the opposite is happening during Trump's term, who supports Bitcoin. A truly funny paradox.
Biden administration was hostile to cryptocurrencies that were seen as securities and not commodities. The government was not hostile to bitcoin because bitcoin is seen as a commodity and not security.

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February 26, 2025, 08:41:44 AM
 #26

I think many dont fully understand how economy works (I dont claim that I under it fully either). People complain and accuse Trump for his actions to decrease Bitcoin price; they do it so directly. That new tariffs immediately hit Bitcoin and makes its price to go down. That every his decision makes instant impact on Bitcoin price, that everything must happen instantly. Whenever he does anything, people redirect it as a bad effect and reason for Bitcoin price to go down. I even saw someone saying that his latest announcement of "Golden card for rich foreigners" and its price of $5 millions, a path to US citizenship, was the reason for yesterdays Bitcoin price drop. Because people withdrew money from crypto to buy it.

 
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February 26, 2025, 09:01:40 AM
 #27

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 has never been my person, is it for his ego, authoritarian/tyrannical attitude, selfishness, lies/deception among many others? I don't support nonsense.

It's the tip of an iceberg we've seen and I remember I warned people about this guy, Trump is not who they think he is, he wanted to win the US election and make money through crypto and people fell for it, and of course, he won and has gained billions of dollars already.

But I must admit that I love his business brain, I just dislike people's gullibility, they just can't read beyond what people say or make them see.

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February 26, 2025, 10:25:13 AM
 #28


i never believed in Trump promises because he has once promise and failed. i even sound it as a warning in several of my post that folks should not have high hope in Trump because politicians can do anything to get what they want, and i guess my prediction about Trump is gradually manifesting. but then lets not get into conclusion for now. but i think this is an avenue to accumulate more bitcoin now the market is bloody before it take it pace.

So far, he has pardoned Ross Ulbricht, lifted draconian cryptocurrency regulations enacted by the Biden administration, and he has also asked the SEC and related agencies to issue a clear regulatory framework for the cryptocurrency industry...He also recently emphasized once again about making the US a crypto hub and he is still trying to do that. We can see he has been keeping his promise, what more could you want from him?

If I remember correctly, he never promised to find a way to make bitcoin hit $1 million and pump trillions of dollars into the market so that the market would grow thousands of percent and everyone would profit. All those things are just people's expectations and when things don't go as expected, people start complaining and blaming him.

We need to be realistic, he never made those promises and crypto was never his top priority. Making America great again is his main goal.

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February 26, 2025, 10:50:59 AM
 #29

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.
It must have been affected when Donald Trump came out with his support for Bitcoin when he ran for President of the United States. People who understand how to behave will also be affected, although not all of them.
I was also affected by everything Trump brought, but all of that was like a shadow that disappeared when the sky was clear.

Enjoying it, yes, it must be enjoyed so that from experience it can be a valuable lesson. If the current decline can be suspected of being due to his influence, then there will be a time when the price will go back up. Keep enjoying it.

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February 26, 2025, 11:05:31 AM
 #30

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.
I think it's too early to reply to this, the guy's just a month in office and he's trying to fix things he thinks was spoilt by by his predecessors. It's to early to accertain this and I believe in a 6 month assessment period before I can comfortable say his policies are good or bad. Let's give him more time for benefits of doubt.

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February 26, 2025, 11:23:46 AM
 #31

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.

Who thought that Trump loves Bitcoin? Back in 2017-2021 Trump hated crypto. He promised pro-crypto regulations only for the crypto bros to vote for him. Trump doesn't care about Bitcoin and he never did. He cares about his personal wealth and power.
Yes, Trump's economic policies are weird, but who knows what is going to happen. Maybe Trump will take a step back and postpone the tariffs for Mexico and Canada.
The current BTC price drop isn't caused by Trump only. The Bybit hack also had a small role in increasing the levels of FUD over the crypto markets.

 
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February 26, 2025, 01:13:38 PM
 #32

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.

Actually even if he says something good about Bitcoin still we cannot really pleased him not to do any implementation that can possibly bother the current price growth of Bitcoin.

For now maybe we see some negative effects of that action he do. But maybe if they pay attention back with their plans on Bitcoin also with other crypto then maybe this might be one of the reason the market would recover.  But people should not put all their trust on Trump since remember that he's a Bitcoin hater before and maybe there might be some changes that might happen especially that he already get what he want.


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February 26, 2025, 04:56:57 PM
 #33

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.
I think it's too early to reply to this, the guy's just a month in office and he's trying to fix things he thinks was spoilt by by his predecessors. It's to early to accertain this and I believe in a 6 month assessment period before I can comfortable say his policies are good or bad. Let's give him more time for benefits of doubt.

Trump this and that but I have a feeling that man will touch Bitcoin last among the things he has a plan Bitcoin. Among all his campaign promises, he hasn't done 10% which are more priorities to the country but everyone here thinks Bitcoin comes before anything in his life, it might happen but not as fast as we expect it to happen. It will years or probably his end of his tenure to protect his meme own meme coins, remember that if it's not in their interests, they wouldn't sign it.

I saw his Gold card of $5m to have privileges of green card as a citizen of united state and I just laugh. What's in the world is that guy trying to do but I don't blame him, that his country and they built it with their own taxes, it's left for the rich folks that want to afford it to go there or not but even if I have that amount of money, I will used it to invest in more business outside US that I made it and probably go other countries for fun, they can go to hell with that card of $5m.


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February 26, 2025, 05:21:01 PM
 #34

What we should be looking for isn't just how good he is for bitcoin, but what he does for it. Just saying bitcoin is great won't be enough, sure he made bitcoin price go up, lets assume that, but does that mean that we are going to end up with a good return right now too?

That makes no sense, we should not be really considering what he "says" as important, it's really worthless, it could make the price go up, which goes down eventually. What he does is the real key here, if he can do the whole strategic reserve thing, and make the government keep investing into it, like they do with gold and foreign currency, then we could really end up with a good thing for bitcoin, not temporary but actually a permeant thing for sure.


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February 26, 2025, 06:07:12 PM
 #35

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.
I will first start with the connection between Donald Trump polices and the price of Bitcoin.
I have said it before those involved in Crypto-currency are fast letting actions of politicians to seriously affect Crypto-currency. When Donald Trump was campaigning he took advantage of the crypto community and the community fell for it there by attaching the future price action to be determined by Donald Trump polices, that is what we are experiencing now.
I think we should let politicians do their job without selfishly wanted them to automatically grow our Crypto-currency portfolio.

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February 26, 2025, 06:20:19 PM
 #36

Trump promises about Bitcoin is in motion as he as already set up a committee that will bring a template on how Bitcoin can be incorporated into the banking sector especially as it concerns about regulation and making Bitcoin legal in the United States of America so I will disagree with you in the context that your going because I don't see the connections of the tax trump plan to impose on certain countries to the volatility of the price of Bitcoin that we are currently experiencing
Trump cannot change the general policies of the US finances, because the decision cannot be his alone. America is a state of institutions and the president can implement his plan through appointments to major decision-making positions. Trump can grant a pardon to a convict in cases related to crypto, but it is not easy to change the entire system. Currently, US policies in general can be considered somewhat crypto-friendly and the SEC is trying to keep up with developments. Many experts believe that countries are still not ready to facilitate the use of crypto in full.
Am not saying that trump will come and change the financial system that exists in the United States of America because in every society there are institutions and laws that guides society but I was only saying that when it comes the the issue of crypto currency especially Bitcoin trump is going to fulfill his promises Concerning it because already trump has set up a committee that will come up with the physical framework in terms of the policy formulation especially laws that will make Bitcoin to be incorporated into the financial sector and that means that trump is not just going to give an executive order concerning it but he will sent  through the American Senate for approval

Trump coming to power in this second term is link to his comment concerning crypto currency so am quite sure that he is going to fulfill his promises because if he fails to do that his party is going to lose the next U.S presidential election  so when it comes to crypto trump is going to deliver on his campaign promises
https://www.reuters.com/business/finance/trump-signs-order-create-cryptocurrency-working-group-2025-01-23/


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February 27, 2025, 04:47:07 AM
 #37

I think Trump's main objective is to make life harder for immigrants such that they start moving out - the overpopulation burden is now hitting the Americans hard and shutting down systems that have been a waste of money to save that money for the future. Reverse the brain-drain.

I have always been skeptical of Trump's approach to bitcoin, he is a businessman after all, he takes pride in the casinos he invests in and he would want them to do well and see bitcoin rise.

However this is just the start, lets see if mid-term or long-term benefits actually happen.

 
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February 27, 2025, 05:05:29 AM
 #38

Trump doesn't give two shits about BTC and any other cryptocurrency for that matter. He just wanted support from the crypto community and he needed to appease Musk too who has a huge stake in crypto.

Was always expecting a major correction. Am just glad that BTC price is still stable and pretty high currently and I hope it doesn't drop a lot lower in the coming days.

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February 27, 2025, 08:51:08 PM
 #39

The good thing about all the controversy about Trump is that, I don't have to like him or dislike him. I am pretty sure he doesn't really impact my life at all, sure he does have some discussions with other nations, Europe, Russia, Ukraine, Canada, Mexico etc etc, so he is not only for USA to deal with, other nations deal with him too, but not my nation, not as far as I can see, so I am fine with it.

I do not have a reason to hate his presidency, I can tell you that much, he has not done anything that hurt me so far from what I understand. Personally? Like who he is? That's out of question, dude is a sicko weirdo there is no doubt about that, he shouldn't even be a president, his personality sucks, but Biden was a lovely guy, and he didn't really had any impact neither, so personality doesn't really matter at all.

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February 28, 2025, 10:06:52 AM
 #40

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.

I have been saying from the very beginning that you shouldn't believe everything politicians say. Maybe this step with duties is done with good intentions, but that doesn't mean it will lead to good consequences. As for Trump and Bitcoin, at first, Bitcoin grew well on the positive side of his victory, now there is a correction, and so far I see no signs that the bull market is over, such corrections are normal for Bitcoin. I don't expect Trump to be able to accept Bitcoin as a reserve for the US, but I believe Bitcoin can continue to grow even without this news, and I expect the main growth in the fall of this year.
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