The Trump Dump

[Free Market Capitalist]

Well, I think it's about time we call a spade a spade. Just as there was talk of the Trump pump after his election, in which there was a market rally that he boasted about, and even specifically boasted about bitcoin going over $100K, it is clear that this crash, which is on track to be like 2008 or worse, has only one culprit: Donald Trump.

So, I propose to call this dump the Trump Dump.

It is true that Trump had tariffs on his election agenda, but I think the implementation has been key to the disaster in the markets.

There is a lot at stake here, as he boasted a lot of how the stock market behaved in his first term, and there are a lot of people in the USA exposed to the markets, I speak from memory but I think it is more than half of the population. Many through pension funds.

The problem is that when you cause a market like this you don't know how it's going to end. Maybe there could be a quick recovery that may not recover for the whole legislature.

What do you think?

[franky1]

stock markets are just correcting to prices a year ago....... yawn.
not yet entertaining enough of discount to buy the dip, nor really a dip enough to enter history books and have discussions about in 100 years
its about the same as trade wars of 2018, and who talks about that or named it.. um no one


media want to call it a 'disaster', 'a crash', 'trade war'.. but pfft not yet that dramatic... still needs time to play out

the dip is not even low enough to even give it a global event name.. though media are trying to sensationalise it and call it some devastating name

but yes you could consider the last 6 months as the "trump pump&dump", but still not as exciting as a 'bitcoin ATH correction'

[Die_empty]

What do you think?

Sadly the celebrated "crypto president" is now leading the sector to a big time drop. Trump's steadfastness that these tariffs are the means to make the US great is a big concern.  He seems not to be listening to the advice of severe economic experts. He has told Americans to be patient because they will go through hard times to enjoy a great America. Trump also said the stock market should "take medicine", which is just annoying.

My position is that the US cannot sustain these tariff wars. Within few weeks there will be negotiations and he would back down on some of them. Immediately there are signs of compromise, the market will gradually recover. For now, I think we are indeed going through a "Trump Dump" because he is the sole cause of this market dump.

[stadus]

Many people now regret voting for Trump, possibly even within the crypto community, as we initially rode the hype of his promise to support Bitcoin with crypto-friendly policies. However, I believe what's happening has nothing to do with Trump. Bitcoin has always been independent especially with the stock market. What we're seeing now looks more like a market correction, leading us into a bear market, especially since we already hit an ATH earlier this year.

So just chill. 

[Die_empty]

Many people now regret voting for Trump, possibly even within the crypto community, as we initially rode the hype of his promise to support Bitcoin with crypto-friendly policies. However, I believe what's happening has nothing to do with Trump. Bitcoin has always been independent especially with the stock market. What we're seeing now looks more like a market correction, leading us into a bear market, especially since we already hit an ATH earlier this year.

So just chill. 

Recently, there has been a close relationship or interconnectivity between the stock market and Bitcoin price. The former belief that Bitcoin is independent of the stock market is not realistic anymore because each time the stock market falls, the price of Bitcoin also experiences a decline. The situation of the market now is caused by mainly Trump's tariff policies.

[tinus42]

Not only crypto but the stock market as well.



I sold all my stocks except MSTR on April 1 (the day before "Liberation Day") and put the money into treasuries and gold and silver. Funnily enough the latter crashed too.

[Jating]

What do you think?

The scary thing is that he will be the President for the next four years so who knows what kind of economic policy that he will introduce to have negative effect on all the markets that we have right now.

So yeah, it's obvious that we now have the Trump Dump and it's really like very exhausting for us to see the price going down hard again at $76k and still counting and God who knows how long the market will endure this dump or if there is a light at the end of the tunnel for crypto market. And we can't do anything but to just be a observer, I do not think though that selling is the best course of action.

[bitterguy28]

media want to call it a 'disaster', 'a crash', 'trade war'.. but pfft not yet that dramatic... still needs time to play out

the dip is not even low enough to even give it a global event name.. though media are trying to sensationalise it and call it some devastating name

you know how the media likes to exaggerate everything to generate clicks the crazier
the news they push the more people will talk about it and spread fud

but yes you could consider the last 6 months as the "trump pump&dump", but still not as exciting as a 'bitcoin ATH correction'

the thing is though the tariffs were not intended for bitcoin you could say that bitcoin was just collateral with all of this but the announcement of reserve? total pump move

[Alpha Marine]

My position is that the US cannot sustain these tariff wars. Within few weeks there will be negotiations and he would back down on some of them. Immediately there are signs of compromise, the market will gradually recover. For now, I think we are indeed going through a "Trump Dump" because he is the sole cause of this market dump.

I doubt Trump will back down. He's a very proud man and his ego won't allow him to do that. Also, he believes what he's doing is right for the country; that's the way he sees things, so unless people can help him see things differently, there will be no backing down.

I believe the market will recover, but the tariffs will remain. There might only be reductions in the increase. Inflation will set in, but not a very large one and people will adjust to it with time. Time is going to be a major factor in this. People seem to move on after times like this.
They have already clearly seen that they made a mistake in voting for Trump, even though ego won't let some of them admit it.
Anyone with a right-thinking brain should have known that voting for a man who promised to increase tariffs is crazy.

[pooya87]

For the time being everything is going to continue showing red. The shock Trump gave to the US economy and the global economy as well is going to dump the markets all over the place.

Then we have big economies retaliating, specially China that is the strongest economy that is also retaliating hard against Trump tariffs by adding its own severe tariffs on anything US made. The consequences of that is going to push all these markets even lower.

Then the combination of inflation and recession that is caused by all this craziness will put its increasing sell pressure on bitcoin and push that down as well...

[Lucius]

The scary thing is that he will be the President for the next four years so who knows what kind of economic policy that he will introduce to have negative effect on all the markets that we have right now.
~snip~

If he managed to turn the world upside down in just a few months (in a negative sense), then we should all justifiably wonder what lies ahead - because everything he does will obviously have more or less negative effects on the US and the rest of the world. Even if by some miracle everything calms down, all US allies and trading partners will no longer look at that country the same way after this.


As for the name of this dump, I would still name it after those who voted and believed in that policy, maybe the T-herd dump?

[iv4n]

The price of Bitcoin has not fallen dramatically, and I agree with Frankie here, the media (as always) is pushing their narrative about some catastrophes and the end of the world. They are just scaring people, and in reality, they are moving the focus from real stuff that needs to worry us. We have seen too many such situations, so just relax and don't think too much about what they say on the news and various experts, it's all one big propaganda.

[uneng]

Fair enough. We had Trump pump and now we have Trump dump, which can also be considered expectation against reality.

Not that Bitcoin was pumping exclusively due to Trump factor back then, although it was indeed an important boost to push Bitcoin to a new ATH faster, just like now Bitcoin isn't dumping exclusively because of Trump, as the tendency of the market is to be naturally reverted from times to times, composing the cycles of highs and lows.

Anyway, those who want to be saluted for the glorious times have to be prepared to be played accountable for the bad times as well.

[franky1]

meanwhile, whilst everyone is screaming 'red' 'red' 'red' 'sell sell sell'
others are whispering 'ill buy this while cheap'

when you sell there needs to be a willing buyer
so if your seeing your sell as a loss, then obviously its a win for the buyer

[Porfirii]

media want to call it a 'disaster', 'a crash', 'trade war'.. but pfft not yet that dramatic... still needs time to play out

the dip is not even low enough to even give it a global event name.. though media are trying to sensationalise it and call it some devastating name

you know how the media likes to exaggerate everything to generate clicks the crazier
the news they push the more people will talk about it and spread fud

It's definitely too early to draw conclusions, but unfortunately many people may be making wrong decisions due to the irresponsibility of media. It seems that we will be able to speak more properly about the effects of tariffs next Wednesday, but speculation is wreaking havoc.

Whatever happens, a colleague has already said it before: there are still four years left in the mandate (a few months less), so fasten your seatbelts.

[franky1]

It's definitely too early to draw conclusions, but unfortunately many people may be making wrong decisions due to the irresponsibility of media. It seems that we will be able to speak more properly about the effects of tariffs next Wednesday, but speculation is wreaking havoc.

businesses cannot trade their own stock in response to their own internal information, as thats insider trading. and so the "going red" is not due to the companies actual performance or value.

businesses wont release info about the impact due to tariffs until they do their Q2 financial results in ~july
that then shows how tariffs have cost/benefitted the business

until then its just speculation. where investors and media(outsiders) are guessing how something may be bad or good depending on sentiment, emotion and guesses

media and outsiders can gain some info.. such as if General Motors is re-vamping their car assembly plant and by late april THIS YEAR(only a couple weeks away) they will be back in production of assembling more "us made" cars..

where as if stellantis is spending alot of money to take 2 years to create a whole entire 'from foundation' full manufacturing facility in america. meaning new model stellantis cars in america wont happen for 2 years.. then outsiders can speculate more green sooner for GM and more red for Stellantis for longer

[Fortify]

Well, I think it's about time we call a spade a spade. Just as there was talk of the Trump pump after his election, in which there was a market rally that he boasted about, and even specifically boasted about bitcoin going over $100K, it is clear that this crash, which is on track to be like 2008 or worse, has only one culprit: Donald Trump.

So, I propose to call this dump the Trump Dump.

It is true that Trump had tariffs on his election agenda, but I think the implementation has been key to the disaster in the markets.

There is a lot at stake here, as he boasted a lot of how the stock market behaved in his first term, and there are a lot of people in the USA exposed to the markets, I speak from memory but I think it is more than half of the population. Many through pension funds.

The problem is that when you cause a market like this you don't know how it's going to end. Maybe there could be a quick recovery that may not recover for the whole legislature.

What do you think?

He is a rich old man, drunk on power, that will never suffer the consequences or experience first hand the vast amount of wealth that has been wiped out for the bottom 80% of society. Maybe it is part of his master plan, along with things like undermining the judiciary and eliminating the department of education, to crush any resistance that might be around when he tries to take on an illegal 3rd term in office. He takes credit for every bit of good news he can squeeze or spin, but blames everyone else when his disaster unfolds in such an obvious way. Markets like stability and predictability, which feed into people keeping jobs and having a reasonable pension to retire on, but the latest moves are going to damage the lives of billions around the world.

[OgNasty]

So, I propose to call this dump the Trump Dump.

I don't have any issue with calling it the Trump Dump.  Just make sure to call it the Trump pump if the next 4 years sees a new all time high for Bitcoin (which I personally believe it will). 

In reality, I think we're seeing a tug of war happening with Bitcoin at the moment.  People who are in a position to be able to stack are stacking hard, while others who speculate are probably dumping their coins to try and keep their stock portfolios from being liquidated.  Just remember it is ok to criticize, just be prepared to give props as well for a job well done.

[franky1]

So, I propose to call this dump the Trump Dump.

I don't have any issue with calling it the Trump Dump.  Just make sure to call it the Trump pump if the next 4 years sees a new all time high for Bitcoin

bitcoin (unrelated to trump and stocks) is yet to experience the true 2025 ATH..
we will see the move happen soon enough and it will have nothing to do with trump. but the normal 4 year cycle of bitcoin
then after the autumn/winter ATH in 2025. there will be the slow decline "correction" 2026-27 which again wont be related to trump
then in 2028 we will see the "pricing the halving in" period of the bull beginning of the next cycle

lets not try to attribute all bitcoin action to "trump". lets remember bitcoin has its own economic reasons to move

as for  the trump pump and dumps of the stock market. well if we see this year as the correction back down to 2024 levels. and then markets go green 2026-2030 everyone in 2031  would be looking back and will be saying how 2025 drama was small trump dump correction and then 2026-2030 trumps pump

[zeuner]

No obvious relation between tariffs and BTC comes to mind, so this might just be trigger-happy people on the buy (November) and sell (now) buttons.