Trump is a disease for crypto

[1018367]

Since trump elected crypto keeps dipping !
the guy manipulate crypto for his own sake and his sons !
when this will be stopped ?

[pliego]

Since trump elected crypto keeps dipping !
the guy manipulate crypto for his own sake and his sons !
when this will be stopped ?

honestly i dont care who is in office as long as the volatility stays high, thats where the money is made anyway xd

[philipma1957]

Since trump elected crypto keeps dipping !
the guy manipulate crypto for his own sake and his sons !
when this will be stopped ?

2029 maybe if lucky.

[odunybiz]

Since trump elected crypto keeps dipping !
the guy manipulate crypto for his own sake and his sons !
when this will be stopped ?

2029 maybe if lucky.

Every crypto hodler believe Trump will be a blessing to us all if he emerge as president. This was why most crypto hodler supported him during the election. But now his action sometimes are crypto supportive (causing bullish) and are sometimes crypto unsupportive (causing bearish). This has cause price to be unstable especially to to bearish side as price move more on geopolitical and policy most times than fundamentals alone.

[Supreme Donvic]

Trump made us give as soon as he gets to office everything will change for good for crypto coin but he ended up making things like this, and him and his family has benefited a lot from crypto because people saw him as someone who can help the world of crypto. It is now clear to us that he was only saying all those things to get cryptocurrency investors to vote him and he has gotten what he wanted. We just have to wait till he leaves office as for now let's keep enduring.

[Alpen]

Since trump elected crypto keeps dipping !
the guy manipulate crypto for his own sake and his sons !
when this will be stopped ?

A U.S. President’s term is limited to four years. Furthermore, if the opposing party wins the midterm elections, presidential initiatives often hit a wall in Congress.

However, crypto is dipping for a different reason. While Trump certainly profited from the hype, government attention is a double-edged sword. Global regulation is inevitable, and it will lead to the de-anonymization of wallets.

For instance, starting next year and over the following three years, hundreds of countries will begin a massive exchange of data gathered from crypto exchanges. Eventually, wallet providers will be forced to disclose user info, and anonymous transactions will be blocked at the node operator level.

[WillyAp]

For instance, starting next year and over the following three years, hundreds of countries will begin a massive exchange of data gathered from crypto exchanges. Eventually, wallet providers will be forced to disclose user info, and anonymous transactions will be blocked at the node operator level.

Till that goes to wallets it'll be a few decades.
Exchanges have users, every wallet has only one user. One user can hold 1000s of wallets.

[Alpen]

For instance, starting next year and over the following three years, hundreds of countries will begin a massive exchange of data gathered from crypto exchanges. Eventually, wallet providers will be forced to disclose user info, and anonymous transactions will be blocked at the node operator level.

Till that goes to wallets it'll be a few decades.
Exchanges have users, every wallet has only one user. One user can hold 1000s of wallets.

If a wallet is not verified, node operators will simply reject the transaction. Should they refuse to do so, they will be barred from using cloud infrastructure like AWS, Google, or Microsoft. Furthermore, mining data centers could have their power supply cut off. Ultimately, they will be forced to comply with requirements to process only verified transactions

[WillyAp]

Should they refuse to do so, they will be barred from using cloud infrastructure like AWS, Google, or Microsoft. Furthermore, mining data centers could have their power supply cut off. Ultimately, they will be forced to comply with requirements to process only verified transactions

I know of wallets who have KYC, and a Google puzzle to send out coins.
Anyway no control embarks everything so lets go working on a system which does not do as you foresee.

[lornadane]

Since trump elected crypto keeps dipping !
the guy manipulate crypto for his own sake and his sons !
when this will be stopped ?

did you atleast make some money?

[WillyAp]

Crypto seems to suffer under AI and not Trum.

In recent months, major Bitcoin mining companies have started to swap out some of their mining equipment in favor of rigs used to run and train AI systems. These companies believe that AI training could provide a safer and more consistent source of revenue than the volatile crypto industry. And so far, these pivots have been warmly received by investors, leading to the market cap of 14 major bitcoin mining companies jumping in value by 22%, or $4 billion, since the beginning of June, J.P. Morgan reported on June 24.

https://time.com/6993603/ai-bitcoin-mining-artificial-intelligence-energy-use/

Network activity will suffer, Coins are created slower.

The big question is what will happen if 80% of miners drop Crypto? 

[aysha9853]

Since trump elected crypto keeps dipping !
the guy manipulate crypto for his own sake and his sons !
when this will be stopped ?

yes but also no, what if trumps would ban crypto in US?

[Alpen]

I know of wallets who have KYC, and a Google puzzle to send out coins.
Anyway no control embarks everything so lets go working on a system which does not do as you foresee.

Exactly, that’s what I’m saying. Crypto developers need to stop shouting at every step about non-custodial wallets and “not your keys, not your coins.” They should be working with governments and international bodies on market regulation, just like crypto lobbyists are doing in the U.S. Otherwise, they’ll end up with laws like MiCA in Europe.

I personally use non-custodial wallets like Metamask, TronLink, and Phantom, but for business, I rely on Cryptomus, where everything is strictly KYC and I have no issues with authorities. At the same time, the company supports Monero, which solves all my privacy concerns.

[asrinur]

Since trump elected crypto keeps dipping !
the guy manipulate crypto for his own sake and his sons !
when this will be stopped ?

crypto was always going to take a hit while trump was in office, he is the most unstable and big headed person for the job. Trump uses bulling and intimidation with the global world to scare them into doing what he wants in the way he wants to do it, and if they dont tension escalates indicating a war to the rest of us, war meaning people dont feel safe with their money being invest in the crypto market leading to the drop we have been seeing.

[Kazkaz27]

Trump seems like an advocate for Bitcoin and crypto alike. I hardly think he should be stopped. The volatility is great. So much more opportunity in big swings. I’m pretty sure the market exploded when he got voted in. Obviously it’s been a roller coaster ride given his tariff strategy. Many ups and downs and even all time highs. Making announcements to place 100% tariffs on countries and then negotiating some sort of trade agreement in which he cancels the tariffs. Wild and exciting times.

[Crytohillss]

Trump seems like an advocate for Bitcoin and crypto alike. I hardly think he should be stopped. The volatility is great. So much more opportunity in big swings. I’m pretty sure the market exploded when he got voted in. Obviously it’s been a roller coaster ride given his tariff strategy. Many ups and downs and even all time highs. Making announcements to place 100% tariffs on countries and then negotiating some sort of trade agreement in which he cancels the tariffs. Wild and exciting times.

I understand what you mean about volatility creating opportunities especially for traders at the same time it feels like a lot of the market swing are being driven more by policy uncertainty than fundamentals which makes pretty stressful for long term investors yes definitely be a Wild ride lately crytop and market in general seem super reactive to headlines right now .