Are you enjoying Trump?

[Oluwa-btc]

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 expressed his commitment to ensuring that the US government adopts Bitcoin and other digital assets promising to support Bitcoin and the crypto community.But His supports to Bitcoin's adoption so far doesn't seem to align with the existing expectations of the  Bitcoin users.
 Trump has made so many promises to encouraging Bitcoin's adoption but for some reasons I'm yet to believe that all of these were some political propaganda and a strategic move to attract supports from crypto enthusiasts.

[gunhell16]

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 can't say that Trump loves bitcoin and I can't say that he doesn't like Bitcoin, instead what I see in him is that his mind has become more open to the positive things
that Bitcoin can help their country.

Because of course this time he is balancing the views of the citizens under his jurisdiction about the adoption of the bitcoin community in this field industry
compared to the time he was president before.

[fuguebtc]

Trump has expressed his commitment to ensuring that the US government adopts Bitcoin and other digital assets promising to support Bitcoin and the crypto community.But His supports to Bitcoin's adoption so far doesn't seem to align with the existing expectations of the  Bitcoin users.
 Trump has made so many promises to encouraging Bitcoin's adoption but for some reasons I'm yet to believe that all of these were some political propaganda and a strategic move to attract supports from crypto enthusiasts.

His term is four years and he has only been president for two months. As the president of a superpower, he has a lot of work to do and needs to prioritize national issues instead of spending time pleasing crypto investors  , which is just a small market. Everything needs to be in order and the big, important issues need to be addressed first. So, as long as his term is not over, it is still too early to say that he is not keeping his promises or is not really supporting the crypto industry as he claims.

The White House recently announced that it will host a cryptocurrency summit chaired by Trump and that the conference will focus on innovation, clear regulatory frameworks and mark a shift in the government’s approach to the cryptocurrency industry . He is trying to deliver on his promises but it seems like people are only concerned about the price of bitcoin and ignoring everything including the long term growth of the industry .


https://x.com/davidsacks47/status/1895660834799698008

[coin-investor]

Not about the price of Bitcoin but more on his new foreign policy after he bullied the Ukrainian president, who is a longtime ally of the Americans; its like he started to betray his allies.
I live in a country where China is bullying us, and if the unthinkable happens, like an attack on us, I don't know if the Trump administration will fulfill the treaty between our country and the US by turning his back on the Ukrainian. can happen to us, and this is a big concern.
I like him when he helps push the market upward, but his new policy is dangerous to many small nations.

[topbitcoin]

From the beginning, we know that the words of politicians sometimes cannot be held and projected as one of the things that need to be trusted directly so that when Trump speaks, it is clear that there is nothing that I think needs to be taken seriously with his words because after all he will also only do according to what he thinks will be an advantage for his personal matters.

He started by giving statements as if he was a bitcoin supporter in order to get support for his candidacy and when he got what he wanted at this time he only needed to look for other potentials in order to get other benefits. We don't need to feel deceived because most political statements are like this because from the beginning we realize that most politicians' promises cannot be trusted.

[beerlover]

So far, crypto people who admired him and loved him, saw their bitcoin price crashed down hard after he took office, so of course they are not happy. I am one of those people, everyone assumed him winning the election was the reason the price went up, and even if that was the case, that was due to hope that crypto people had about him, they didn't believe Kamala would do as good, but so far, he has hurt crypto more than he has helped it.

If we could end up with something that will take care of the situation and we need to be handling this as good as it gets, we can't really make this something simple because if he lied to everyone, then it would show what kind of person he is, but most importantly, it would show what kind of fools those who believed him were.

[DaNNy001]

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 expressed his commitment to ensuring that the US government adopts Bitcoin and other digital assets promising to support Bitcoin and the crypto community.But His supports to Bitcoin's adoption so far doesn't seem to align with the existing expectations of the  Bitcoin users.
 Trump has made so many promises to encouraging Bitcoin's adoption but for some reasons I'm yet to believe that all of these were some political propaganda and a strategic move to attract supports from crypto enthusiasts.

He is a politician and they are known for lots of promises especially when they know that they will get advantage from what they are proposing but for the case of Donald Trump's I think he has been of positive note in terms of influence on the price although his actual policy which everyone was expecting and hoping that would have been different and being friendly with Bitcoin isn't exactly what he started off but with the little influence positively with the price will still lots of person optimistic of how he is gonna further go about his promises.

[Swordsoffreedom]

~
they didn't believe Kamala would do as good, but so far, he has hurt crypto more than he has helped it.

If we're just talking about crypto, I'd say he's done much better than the Biden administration. He pardoned Ross Ulbricht, repealed the SAB121 executive order imposed by the previous administration, and he planned and prepared to announce the creation of a cryptocurrency reserve fund for the United States...He is trying to fulfill his promise to the crypto community and with all that he is doing, i don't see anything disappointing. I can assure you that we would not have seen all of this if Kamala had been elected.

But if we look at the big picture like world politics and economy then people are not wrong to blame him because he is causing instability and this is unintentionally having a negative impact on the market. But this is only a short-term impact because the trade war will have to end at some point. He is just using tariffs as a weapon to balance the US trade deficit and when that problem is solved, everything will be ok.


https://truthsocial.com/@realDonaldTrump/posts/114093946326587357

[Tipstar]

Needed to visit the thread after a few days to tell everyone that Trump has started to work to make crypto a part of the world economy. The US for the first time has accepted crypto as their strategic reserve. This means, they'd store on Bitcoin, Ethereum and other cryptocurrencies alongside other money and gold. Crypto has been accepted as a hedge and anti-inflation measure by the largest economy in the world. This would boost the crypto adoption in short and long term. Trump has indeed done what he has said to do.

[EFS]

Needed to visit the thread after a few days to tell everyone that Trump has started to work to make crypto a part of the world economy. The US for the first time has accepted crypto as their strategic reserve. This means, they'd store on Bitcoin, Ethereum and other cryptocurrencies alongside other money and gold. Crypto has been accepted as a hedge and anti-inflation measure by the largest economy in the world. This would boost the crypto adoption in short and long term. Trump has indeed done what he has said to do.

If I were you, I wouldn't trust Trump that much, nor Elon for that matter. We remember very well what they've done in the past. One day, they speak positively and the next day, they do the exact opposite.
If they did this with publicly traded stocks, they would face serious penalties for insider trading. However, when they do it with cryptocurrencies, there are no legal consequences. This allows them to manipulate the market however they want.

[OgNasty]

I am very much enjoying Trump and I don't even think the effects of what he is doing are being felt yet.  I think most of his moves will take at least until the end of the year to pay off for the economy.  The biggest near term impact he can have is by pushing a Bitcoin Strategic Reserve, which I think he is going to do.  I also think that DOGE checks will go a long way towards lighting a fire under the economy.  If he can pump crypto and give people money, next year could get interesting for people who like to invest or have a lot of assets...

[coupable]

I am very much enjoying Trump and I don't even think the effects of what he is doing are being felt yet.  I think most of his moves will take at least until the end of the year to pay off for the economy.  The biggest near term impact he can have is by pushing a Bitcoin Strategic Reserve, which I think he is going to do.  I also think that DOGE checks will go a long way towards lighting a fire under the economy.  If he can pump crypto and give people money, next year could get interesting for people who like to invest or have a lot of assets...

As a crypto user and Bitcoin enthusiast, I enjoy watching Trump take an interest in this sector and defy all expectations from countries friendly to US policies. At the same time, I do not want my enthusiasm to take me beyond enjoying the Trump phenomenon since I have not yet seen the impact of these policies, and most of what we see so far are promises that we previously analyzed as promises within Trump’s election campaign. Today, the type of these promises has changed to become announcements of bold decisions, the most important of which is the establishment of a US crypto reserve. I also think the possibility of the Trump phenomenon being a bubble that will end when his term ends in five years since yesterday’s friends (Europe Canada) are still hesitant about dealing friendly with the crypto sector.

[WillyAp]

I live in a country where China is bullying us, and if the unthinkable happens, like an attack on us, I don't know if the Trump administration will fulfill the treaty between our country and the US by turning his back on the Ukrainian. can happen to us, and this is a big concern.
I like him when he helps push the market upward, but his new policy is dangerous to many small nations.

There are still treaties in place. And even if he says, prematurely, to do whatever, the treaty demands, plus his advisors will tell him, what he can do. 

[Lida93]

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 expressed his commitment to ensuring that the US government adopts Bitcoin and other digital assets promising to support Bitcoin and the crypto community.But His supports to Bitcoin's adoption so far doesn't seem to align with the existing expectations of the  Bitcoin users.
 Trump has made so many promises to encouraging Bitcoin's adoption but for some reasons I'm yet to believe that all of these were some political propaganda and a strategic move to attract supports from crypto enthusiasts.

I simply believe Trump is playing his cards just fine, balancing the whole ball game in both for his country, the bitcoin community at large and crypto industry. Maybe we had laid so much expectations on him giving all attention to bitcoin before all else particularly as it gets to do with the bitcoin strategic plan, but it seems like dude has other plans and we're just getting to know this with the recent development on inclusion of altcoins such as ADA, XRP in the strategic  reserve plan. At least now the bitcoin community knows better how much to wedge their hopes on Trump on his support for bitcoin now than before.

[_act_]

If he can pump crypto and give people money, next year could get interesting for people who like to invest or have a lot of assets...

This means you believe that the 5 year cycle for bulls and bears has ended already. That next year will not be for the bears? I will advice people to be very careful of next year. The whales sentiment could be towards bear market and their could be a downtrend at the time. Let us wait and see what will happen.

[DeathAngel]

I was but now I’m not. As a non US citizen, it seems he’s destroying stocks, cryptocurrency & in general just pissing people off. I am not seeing any benefits to him being President right now. He better have a plan because people are going to start getting really annoyed with his actions.

[Smack That Ace]

I was but now I’m not. As a non US citizen, it seems he’s destroying stocks, cryptocurrency & in general just pissing people off. I am not seeing any benefits to him being President right now. He better have a plan because people are going to start getting really annoyed with his actions.

Before his election, Bitcoin price was trading below $70k but it reached $109k after his election. Although, he was not the only catalyst but he contributed to the bitcoin price reaching $109k. So it can be said that he created an opportunity for people to sell and make profit but most of us are too greedy and want more. People forget that everything has its limits and opportunities do not wait for anyone, so if we decide not to sell and did not make a profit, it is our fault, do not blame him or anyone else.

Furthermore, we always advise each other to "buy the dip" and take advantage of every drop in price, but why do we feel disappointed when the bitcoin price drops sharply and this is a good time to accumulate more?

[AirtelBuzz]

Donald Trump is now completely contradicting the promises he made to the people during the election. His random words and some other reasons have played a significant role in dumping the price of Bitcoin, such as the Canada and Mexico tariffs, the Bybit exchange hack, these reasons have scared the weak wallets.
Due to which the price of Bitcoin was dumped at the present time, but it is moving upwards again, but I believe that the price of Bitcoin will touch $100k again.

Yes, it is absolutely true that some random words from Trump and some other factors are playing a significant role in the decline in Bitcoin price. When the Bybit exchange was hacked, the price of Bitcoin did not drop much, but I saw that the Bitcoin market had dropped slightly. It is believed that Bitcoin prices have dropped due to the tariff on Canada and Mexico. In fact when the price of Bitcoin drops, ordinary investors like us may suffer the most. Because it is completely unbelievable that the market crashed in just 24 hours and Bitcoin is now at $82,000. Looking at Bitcoin's current market movement, it seems that it maybe fall below $80K.

[Tipstar]

Donald Trump is now completely contradicting the promises he made to the people during the election. His random words and some other reasons have played a significant role in dumping the price of Bitcoin, such as the Canada and Mexico tariffs, the Bybit exchange hack, these reasons have scared the weak wallets.
Due to which the price of Bitcoin was dumped at the present time, but it is moving upwards again, but I believe that the price of Bitcoin will touch $100k again.

Yes, it is absolutely true that some random words from Trump and some other factors are playing a significant role in the decline in Bitcoin price. When the Bybit exchange was hacked, the price of Bitcoin did not drop much, but I saw that the Bitcoin market had dropped slightly. It is believed that Bitcoin prices have dropped due to the tariff on Canada and Mexico. In fact ordinary investors like us have been the most affected by the fall in Bitcoin price. Because it is completely unbelievable that the market crashed in just 24 hours and Bitcoin is now at $82,000. Looking at Bitcoin's current market movement, it seems that it maybe fall below $80K.

The current fall is related to the heated trade wars between nations with them increasing tax to each others product. This is going to be a temporary thing. But we need to look where the world is moving. If the suffer from it a lot and goes to full fledged war, than the prices could suffer more. The countries involved in the trade war are large economies and to some extent self sufficient so in long term it would increase the economic activities around the world. Another thing to look at is Ukraine war. The European leaders has pleaded to keep the war running but it was a rushed decision and many European nations are already rethinking about it, we could see the war end sooner.
Anyway, this is a good time to accumulate crypto in your portfolio.

[StanCrypt]

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.

Although your argument shows that there is a relationship between Trump's tariff policies and changes in the price of Bitcoin, I don't agree completely. I think you should first consider whether or not his policies are directly to blame for the cryptocurrency's collapse. First off, unlike traditional assets like stocks or commodities, Bitcoin is not directly correlated with trade policies, even though tariffs can affect traditional markets by raising costs for consumers and businesses. Numerous elements, such as institutional acceptance, investor mood, legislative changes, and macroeconomic conditions, affect the price of Bitcoin.

Second, Bitcoin is frequently regarded as a risk-on asset, which means that it typically rises when investors are feeling upbeat and falls when they are feeling less certain. Bitcoin may fall if investors turn to safer assets as a result of Trump's tariff measures, which might cause financial markets to become uncertain. But rather than being a direct result of tariffs, this is a reaction of the market as a whole. Lastly, supply and demand, which includes elements like the impending halving event, institutional investments, and more extensive crypto laws, greatly influence the price of Bitcoin. It ignores other potential causes for Bitcoin's movement to attribute the decline exclusively to Trump's tariff announcement.

you should also remember that market responses to political statements may not last long. Short-term uncertainty rather than a fundamental change in Bitcoin's value proposition could be the cause of its decline following Trump's tariff announcement. A long-term perspective would take into account how these policies impact regulatory clarity, mining profitability, or Bitcoin adoption.