Biden drops of of presidential race. good news for BTC?

Ndabagi01

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Quote from: Phoenixtrader on July 21, 2024, 01:12:40 PM

Now that Biden is out of the US presidential race, can BTC get to 100k please??

The influence of first world countries always have an effect on tradable assets like bitcoin, I won’t be surprised to see a great chance for bitcoin to move to a big price that’s below our expectations. Trump has turned to be a crypto enthusiast when he was looking to go for the seat of the president of the United States, this was great news to the crypto community. Until he has delivered on his promises, I don’t think any of us will still believe fully in politician promises until that has been executed. I reserve my words on this and await to see how Trump will fulfill his promises when he becomes the president which obviously he’s certainly going to win.

legiteum

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Quote from: Sexylizzy2813 on July 23, 2024, 12:19:42 PM

Quote from: legiteum on July 23, 2024, 11:42:19 AM

That's actually not how US politics work. See, there's another Democratic candidate, Kamala Harris, who is polling better against Trump and Biden was--and Biden was in a dead heat with Trump before he dropped out. Trump is more likely to lose now.

Bitcoin went up 500% under president Biden.

You don't need Trump or anybody else to make Bitcoin go up.

You said Trump is more likely to lose? I don't think so, [...]

I only go by the scientific polls. They aren't perfect, but they sure beat "feelings".

If it were up to "feelings", then RFK Jr. would probably be winning

.

Quote from: DeathAngel on July 23, 2024, 12:56:31 PM

I think it’s probably good news because the Biden administration has been hostile towards Bitcoin. Trump has so far in this election run up talked kindly about Bitcoin so a Republican administration should he good. I also think Harris has no chance against Trump so it should be good for us.

There is no evidence "the Biden administration has been hostile towards Bitcoin":

1. Bitcoin went up 500% under president Biden.

2. The ETFs were approved under president Biden.

Meanwhile, Harris is polling better against Trump than Biden was, and she is turning the entire campaign around. Biden was 50/50 in the polls, so I suspect Harris will greatly increase the odds.

This will be a very close election.

And for those of you that don't live in the USA, the odds of Trump actually getting more votes than Harris is... close to zero. The only reason Trump can win is because our system makes it so you can win the race with a minority of voters.

DeathAngel

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I think it’s probably good news because the Biden administration has been hostile towards Bitcoin. Trump has so far in this election run up talked kindly about Bitcoin so a Republican administration should he good. I also think Harris has no chance against Trump so it should be good for us.

Sexylizzy2813

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Quote from: legiteum on July 23, 2024, 11:42:19 AM

Quote from: Sexylizzy2813 on July 22, 2024, 08:41:04 PM

With Biden out of the picture I think the only threat Trump have at the moment has been removed but that doesn't mean things won't get a bit difficult for him during the election and is also a shocking news for him, I mean Biden to drop out of the race. It still doesn't guarantee us that Bitcoin will dash out to a $100k in no time, we shouldn't be too excited about the smooth passage of Bitcoin price at the moment, as of 2-3 weeks back the market price was struggling to gain its ground around $50-$59k and as soon as the Trump issue came up it triggered the rapid move of BTC price so I believe the movement will soon be back to normal, this is just a political affairs that has to do with Bitcoin that is what I feel is happening but a $100k we'll get there not immediately.

That's actually not how US politics work. See, there's another Democratic candidate, Kamala Harris, who is polling better against Trump and Biden was--and Biden was in a dead heat with Trump before he dropped out. Trump is more likely to lose now.

Bitcoin went up 500% under president Biden.

You don't need Trump or anybody else to make Bitcoin go up.

You said Trump is more likely to lose? I don't think so, I believe he even has the upper hands against Biden, he (Biden) shouldn't have pulled out of the presidential race if he's has all it takes to beat Trump. From how positive Trump do speak about Bitcoin I think that's why Bitcoin price went up, is like a support Bitcoin was expecting or never had in a long while not that is Trump himself that made the price to grow so fast, never said that and by the way the market price can still drop back to a familiar amount before the month of July runs out.

BADecker

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Quote from: Hispo on July 23, 2024, 11:40:27 AM

Quote from: BADecker on July 23, 2024, 11:03:10 AM

It is a funny thing to say, to be honest.
So what if president Biden appears on live television addressing some issue of the nation, in the Senate or the house or representatives? would it be a body double, right? Because there is a pattern I have noticed from conspiracy theorist: they seldom admit they were wrong and instead continue to push their narrative further by putting a completely different conspiracy theory (more utrageous than the first one) so they do not end up being ridiculed by their own followers.
The only one who I have seen to apologize and admit to be wrong was Alex Jones, and only after he got himself cornered in the defamation lawsuit he lost to the parents of the victims of Sandy Hook. That is the only way someone like him would admit to be wrong, by punishing him financially.

Of course, he might be dead. I think that they would have a very difficult time finding an actor that looked like Biden, and could imitate him successfully.

Cool

legiteum

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Quote from: Sexylizzy2813 on July 22, 2024, 08:41:04 PM

With Biden out of the picture I think the only threat Trump have at the moment has been removed but that doesn't mean things won't get a bit difficult for him during the election and is also a shocking news for him, I mean Biden to drop out of the race. It still doesn't guarantee us that Bitcoin will dash out to a $100k in no time, we shouldn't be too excited about the smooth passage of Bitcoin price at the moment, as of 2-3 weeks back the market price was struggling to gain its ground around $50-$59k and as soon as the Trump issue came up it triggered the rapid move of BTC price so I believe the movement will soon be back to normal, this is just a political affairs that has to do with Bitcoin that is what I feel is happening but a $100k we'll get there not immediately.

That's actually not how US politics work. See, there's another Democratic candidate, Kamala Harris, who is polling better against Trump and Biden was--and Biden was in a dead heat with Trump before he dropped out. Trump is more likely to lose now.

Bitcoin went up 500% under president Biden.

You don't need Trump or anybody else to make Bitcoin go up.

Hispo

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Quote from: BADecker on July 23, 2024, 11:03:10 AM

It is a funny thing to say, to be honest.
So what if president Biden appears on live television addressing some issue of the nation, in the Senate or the house or representatives? would it be a body double, right? Because there is a pattern I have noticed from conspiracy theorist: they seldom admit they were wrong and instead continue to push their narrative further by putting a completely different conspiracy theory (more utrageous than the first one) so they do not end up being ridiculed by their own followers.
The only one who I have seen to apologize and admit to be wrong was Alex Jones, and only after he got himself cornered in the defamation lawsuit he lost to the parents of the victims of Sandy Hook. That is the only way someone like him would admit to be wrong, by punishing him financially.

BADecker

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Seems that they can't find Biden. Seems that the signature on his resignation letter is fake. Seems that the whole resignation letter is not official. Where is Biden? Is he dead? Are they faking the whole thing about Biden, now? If so, this is completely against the law and the Constitution.

VIDEO: Fox News Hosts Wonder If Biden Is Dead After Forged Signature Exposed - https://banned.video/watch?id=669ec1afa6744c755fc76454

Is President Biden Alive?

https://www.zerohedge.com/markets/president-biden-alive
Before I even start with my analysis, I want to make the point that I hope President Biden is doing fine and on the path to recovery from Covid, as his doctor claimed in a letter (I'll discuss below) that he was. I hope we can take the administration at their word, but I also think it's helpful to not ignore mounting critical questions for our country.

I don't want to start the morning off with hyperbole or sensationalism, honestly, but rather with what, in my opinon, has developed as a legitimate question over the last 24 to 48 hours: is the current President of the United States still alive and/or fit to lead?

Ever since dropping out of the presidential race on Sunday via a letter with a signature that has been in question and conspicuously lacking the seal of the White House or President of the United States, President Joe Biden has failed to turn up anywhere in person.

...

Sexylizzy2813

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With Biden out of the picture I think the only threat Trump have at the moment has been removed but that doesn't mean things won't get a bit difficult for him during the election and is also a shocking news for him, I mean Biden to drop out of the race. It still doesn't guarantee us that Bitcoin will dash out to a $100k in no time, we shouldn't be too excited about the smooth passage of Bitcoin price at the moment, as of 2-3 weeks back the market price was struggling to gain its ground around $50-$59k and as soon as the Trump issue came up it triggered the rapid move of BTC price so I believe the movement will soon be back to normal, this is just a political affairs that has to do with Bitcoin that is what I feel is happening but a $100k we'll get there not immediately.

bestcandy

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Quote from: Phoenixtrader on July 21, 2024, 01:12:40 PM

Now that Biden is out of the US presidential race, can BTC get to 100k please??

His execelly, Biden has demonstrated the spirit of sportsmanship for quiting is re-election ambition considering his age and health status and I really commend him for not being power monger. I think that's what every reason leader that has the progress of the nation at heart should do but thinking of the appreciation of Bitcoin as the result of his dropping his rerun ambition is still not certain but depends on the enconomic policy

Zoomic

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Quote from: Phoenixtrader on July 21, 2024, 01:12:40 PM

Now that Biden is out of the US presidential race, can BTC get to 100k please??

100k is still possible with or without Donald Trump. Quite a pity Biden is out of the race. Only time will tell if Trump will really keep to his words concerning bitcoin. You won't blame me for finding it hard to believe that Trump means well for bitcoiners. Trump is a politician! He has been there before and we all saw how everything went, maybe he will disappoint naysayers like me and do better this time around because the expectations are high and there are higher chances that he will get more votes.

Davidvictorson

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Quote from: mindrust on July 21, 2024, 02:34:05 PM

Good news I guess. The other candidate won't change a damn and Trump will win anyway so having a crypto-friendly president in the office will be a good thing for us.

I read this comment and that of another user online - "Good decision to step aside but he should have done this earlier . Bad choice to select cackling absentee Vp Kamala. Never liked her then, more so now. Unless another democratic presidential candidate is selected, I am shifting my vote to Trump in November. I predict many Democrats will do the same." And though I am not a US citizen, it is obvious that this may be the sentiments of the electorates come November.

legiteum

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Quote from: BADecker on July 22, 2024, 12:55:09 AM

However, abortion is illegal automatically. Why? It's a trust that involves 4 parties: Man, Woman, Child to be, God. Breaking of a sacred trust is illegal just like the breaking of any other contract. It needs to be adjudicated that way for anybody who wants to stop it.

Don't ever change, Mr. Decker Cool

.

Thank you for showing everybody the mainstream opinion of US Republicans and the policies and goals of the Republican party.

After years of calling abortion "baby murder" (and they still are), Republicans are now, for the next few months, trying to tell Americans that they aren't really serious about making abortion illegal, even though it's in their written platform and perfectly aligns with their stated goals from the last 50 years, and they have a clear legal pathway to do it now.

Vote for Trump if you, like almost all registered Republicans, want abortion to be illegal in the United States.

Vote for Harris if you want it to stay legal like it has been for the last 60 years.

It's as simple as that.

Hispo

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Quote from: BitcoinBunny on July 21, 2024, 07:08:30 PM

Quote from: Hispo on July 21, 2024, 06:52:07 PM

...

Well, Biden has certainly acknowledge some of the mistakes and bad behavior his son has been found guilty of. He needed to acknowledge it in order for him to publicly say he would not pardon his own son for the federal charges he is going through because of lying to the federal government to get a handgun. Though, I admit if Trump had a family member which was a fraction as politically problematic Hunter is, it is very likely CNN would take advantage of it and broadcast it on their channel in a similar way Fox does. In the end corporate media uses the same tactics, regardless on the political leaning of them.

BADecker

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Quote from: legiteum on July 21, 2024, 09:01:34 PM

Quote from: BitcoinBunny on July 21, 2024, 06:23:44 PM

With religion still extremely popular in the USA, I doubt many people give a shit about abortion.
Maybe 10-15% tops of the electorate.

The vast majority of people are sensible; do forward planning, use pills or condoms (or both).

A bunch of loud mouthed female media pundits hardly represent what everyone wants.
They all hated Trump in 2016 also.

Something like 67% of Americans want abortion here to stay legal.

Taking away a fundamental right from a large population is generally a very unpopular thing.

And to stop the millions of woman in the USA from having abortions, Trump will need to create the largest police state ever created in the USA--and police states don't tend to be compatible with things like Bitcoin, FYI....

Trump doesn't have plans to make abortion illegal. He simply remanded the issue back to the States rather than letting the Federal have anything to do with it.

However, abortion is illegal automatically. Why? It's a trust that involves 4 parties: Man, Woman, Child to be, God. Breaking of a sacred trust is illegal just like the breaking of any other contract. It needs to be adjudicated that way for anybody who wants to stop it.

But to get back on topic, Biden is having trouble remembering that he dropped out.

Aides Struggling To Figure Out How To Break The News To Biden That He Dropped Out

https://babylonbee.com/news/aides-figuring-out-how-to-break-the-news-to-biden-that-he-dropped-out
"Oh man, he's not going to like this," said longtime aide Sally Connors. "Maybe we can wait until after four, and then he won't remember?"

According to sources, aides plan to try to sandwich the news between bits of good news in an effort to soften the blow. "We could start off by reminding him that it's National Ice Cream Day," said aide Mike Thomas. "Then, breeze real fast through the 'you have dementia, no one likes you, your career is over, and your party betrayed you', then tell him that the cafeteria is serving shepherd's pie for lunch tomorrow? Eh?"
...

legiteum

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Quote from: BitcoinBunny on July 21, 2024, 06:23:44 PM

With religion still extremely popular in the USA, I doubt many people give a shit about abortion.
Maybe 10-15% tops of the electorate.

The vast majority of people are sensible; do forward planning, use pills or condoms (or both).

A bunch of loud mouthed female media pundits hardly represent what everyone wants.
They all hated Trump in 2016 also.

Something like 67% of Americans want abortion here to stay legal.

Taking away a fundamental right from a large population is generally a very unpopular thing.

And to stop the millions of woman in the USA from having abortions, Trump will need to create the largest police state ever created in the USA--and police states don't tend to be compatible with things like Bitcoin, FYI....

BitcoinBunny

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Quote from: Hispo on July 21, 2024, 06:52:07 PM

Honestly, I never thought possible Jode Biden would have the courage to step forward and give up on the candidacy for the sake of his country. I thought he was going to remain in the race despite of all the criticism he was getting from a sector of the left and within his party. I guess I was wrong.

Depending on who the democrat party and voters decide to be Trump's for in this incoming election, it would be still an easy win for him or actually be likely for him to lose his advantage. Let us wait and see.

Also, after this I am expecting all news coming from Fox about hunter Biden suddenly be gone off their broadcast.

The latter may happen simply due to the fact why should anyone care about a criminal son from a previous president
but seriously, did he look like a stand up guy?

If Trump had a second cousin doing just 10% of that shit,
it would be all over CNN 24/7.

Furthermore to expand on this... Biden was always proud of his son, never acknowledging even one bad thing Hunter did, which is ridiculous considering the circumstances.

Trump was never afraid to get personal and told many people "Don't drink!" and often mentioned his alcoholic brother who died super young.

I think in that light Trump at least probably helped people rather than brush over ridiculous coke snorting criminal behaviour within a family.

Hispo

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Honestly, I never thought possible Jode Biden would have the courage to step forward and give up on the candidacy for the sake of his country. I thought he was going to remain in the race despite of all the criticism he was getting from a sector of the left and within his party. I guess I was wrong.

Depending on who the democrat party and voters decide to be Trump's for in this incoming election, it would be still an easy win for him or actually be likely for him to lose his advantage. Let us wait and see.

Also, after this I am expecting all news coming from Fox about hunter Biden suddenly be gone off their broadcast.

BitcoinBunny

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Quote from: LTU_btc on July 21, 2024, 05:42:11 PM

That's only right decision that Biden could make, but I think it was made way too late. It's basically declaring Trump as a winner. Now Democrats will replace Biden with Kamala Harris, and considering how ''popular'' she is, she stnd no chance against Trump. Just looked what bookamkers is offering now - 1.50 for Trump, 3.20 for Harris, I think it says a lot.

Unless there is fake mail in voting (again) those odds are FAR too favourable for Harris.
Should be 1.1 Trump and 10.0 Harris thereabouts.

BitcoinBunny

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Quote from: legiteum on July 21, 2024, 02:31:00 PM

It's probably good news for Bitcoin since Harris has a much better chance of defeating Trump, and Trump would have been very harmful to the future of Bitcoin (he promises to set criminals like SBF free--and SBF caused Bitcoin to drop by 60%, for instance).

After years of Republicans making this "personal" and going after "Hunter Biden" and making fun of Joe Biden's age, they are now going to need to discuss policy which is a death-knell for Republicans.

Now, with the "Joe Biden" personality out of the way, the US presidential race is down to a simple policy question:

--> Do you want abortion to stay legal, like it has been for the last 60 years? Vote for Harris.

--> Do you want abortion to be illegal nationwide? Vote for Trump.

This is no longer a race over "the old guys".

With religion still extremely popular in the USA, I doubt many people give a shit about abortion.
Maybe 10-15% tops of the electorate.

The vast majority of people are sensible; do forward planning, use pills or condoms (or both).

A bunch of loud mouthed female media pundits hardly represent what everyone wants.
They all hated Trump in 2016 also.

More notable is that no one gave a shit about Kamala Harris even within the Democrat party.

She was merely the diversity. equity and inclusion hire.

She's an utterly incompetent kakling imbecile.

Topic: Biden drops of of presidential race. good news for BTC? (Read 417 times)