Topic: Bitcoin and $trump: Where will Trump priority be in the future. (Read 79 times)

Thanks for that information that he indeed embraced the memecoin but I agree with you that it is unlikely to pose a threat to Bitcoin. It remains less secure and more volatile compared to Bitcoin. It doesn’t seem like a serious contender against Bitcoin. Memecoins are riskier compared to more established cryptocurrencies. It’s more of a branding or marketing play than a true technological advancement. Even though Trump’s involvement brings attention, the real value will always be in Bitcoin’s security and decentralisation.

The venture was co-ordinated by CIC Digital LLC - an affiliate of the Trump Organization - which has previously sold Trump-branded shoes and fragrances.

trump also apparently has officially welcomed his memecoin in his website according to bbc news it did seem inevitable though i just thought that it would be his sons to launch a memecoin and not him anyway i do not think this is a threat to bitcoin he will never use this coin as the national reserve because even if it is his own coin, it is still less secure and a lot more volatile than bitcoin now

His priority is with whatever makes him the most amount of money. He never cared about Bitcoin and never will. All the people simping for him because they want him to pump the BTC price are completely irrelevant and worthless to him. He will do whatever inflates his net worth the most. If he ends up doing something beneficial for crypto, it is only because the industry has bought and paid him to do those things.

For the record, no meme coin has surpassed more than the potentials of bitcoin, so this won’t nothing to do with bitcoin in the long run. For now, it’s quite famous, but let’s see in the next months to come. The only person who’s making the biggest advantage here is Trump, he’s not only a businessman, but a genius as well.

Interesting discussion OP.
I actually saw the listing of that meme coin on the exchange I use, and I must say that I'm very surprise with how fast it could pump within a very short period, but I fear that alot of investors that got in due to FOMO will definitely hit a massive loss if that memecoin fail to pump further than we've seen. That volatility is just too crazy. Price jumping within seconds, which is something to be scared of.


I'm not sure if I can find the thread now, but I think a user shared something like that on this forum. I could remember, because the main discussion was based on how the $trump was allocated, but I can't find the thread now. Maybe I will check again.


Interesting question. IMO, I think trump capitalized on his massive support from the Bitcoin and crypto community in general. Winning the election, and launching his own token was just like killing two birds with one stone. Though, I don't think this memecoin serves any threat, because I believe that whatever law that is been passed on one, should apply to others, including his. And maybe his memecoin might even get a massive backlash if he eventually have any plans that doesn't favour Bitcoin. So, his priorities needs to be clear and transparent.

Edited:

And I just saw that Trump's wife also launched her our memecoin.
This is absolutely nonsense if you ask me.
I really feel sorry for investors with high expectations. It will be quite funny to see crypto enthusiast losing money to non-crypto enthusiast, all in the name of promises. Thank goodness Bitcoin isn't in this class.

I don't think it's all planned at all but we can say that being in favor of the Bitcoin community in the US and with several states did really helped him win back the presidency. As for the token launch, it's not sure if the idea really came from him but it could be someone on his team that had told him this and saw the potential and it did well on launching.

It doesn't matter. He has to prioritize the well-being of the American citizens instead of getting into meme coins or Bitcoin. That's what he has to think of then. Aside from that, the latest news was about him and Xi talked about working together for world peace.

Bitcoin and $trump are too far from each other. Bitcoin is a reputable coin while the other is a meme coin, so which one will lasts? Surely, Trump makes smarter decisions than majority of us, so he will stick with bitcoin in the future. His current meme coin is just to ride his popularity, we can’t even tell if it’s going to be here months from now. If there’s one coin that will compete with bitcoin in the future, certainly it will never be a meme coin.

It's not really certain that the future of the tokens that are launched will be good. You won't know that it might be existing just for a short time before it dies down unlike bitcoin where it's future is unknown but still we will know that many people is still using it and we don't know that more people will be using it as you might have known that there are some countries that banned bitcoin and in the future that might change which every people wanted in Bitcoin which is mass adaption. Since trump use cryptocurreny for political gains then why not use it to launch his own that's why he did but I am not sure if it's really his own or by someone else.

There’s no clear evidence that he has directly endorsed this token himself. It’s likely just part of a strategic timing and branding effort to capture the attention of memecoin enthusiasts. Well for me it’s hard to ignore the possibility that his support for Bitcoin was a way to gain political backing and align himself with popular trends for visibility and influence. Only time will really tell if his promises will come true.

trump can promote and endorse his token for all he wants but it will never end nor destroy bitcoin

bitcoin will be fine without trump though of course his support means a lot to the community but even without him bitcoin would have still operated the way that it is operating now

Donald Trump is an economist and a politician, so he employed the means of economy contrasts on Bitcoin to achieve his political ambition at the concluded US election.

I also wonder why or if he had been working on this token project underground because I have not come across him make converse of that his coin $trump. So ideally... Looking towards his goal on this token, it is nothing more than applying every means to soar the potential values of the token to compete with the other valuable Meme coins so as to optimize it adoption volume.

For a whale as Elon coin have not been invented his own coin but prioritizes of endorsing other crypto currencies as Doge coin which most enthusiasts think he has been the owner but had not been confirmed so also his desires on strong supports on Bitcoin, I am think these are just timber of enthusiasts who literally tends to expand the utilizations of the crypto market at large while Bitcoin remains a top notch for everyone influencers.

Nobody knows why Trump does most of the shit he does. Even when he launched his NFTs collection(s), it was totally unexpected. Even his defi project ~World Liberty came as a huge surprise to everyone. The memecoin as well, completely out of the blue. I would imagine that it is done by people in his team to take advantage of his influence and use it to extract as much liquidity as they can from people.

The future of meme coins and altcoins generally are not certain but the future of bitcoin is certain and which is a hedge against inflation and as a store of value like gold. If Official Trump pumped very well, that does not mean it can not lose 90% of its marketcap just like other altcoins. Bitcoin can not lose 90% of its marketcap and it is the only coin that I see promising in the future.

The reason the community likes Trump is because of his promise to create Bitcoin-friendly policies. If he betrays that promise and focuses on pushing his own meme token to the top, it won’t last long. People will stop supporting him, and that includes his meme token.

Honestly, this shouldn’t even be a question because his meme token is still in its early stages, while Bitcoin is already very stable and backed by institutional investors across different types of investments. so chill OP.

No it is not. This does not affect BTC in anyway, neither does it affect the future of BTC. You were probably the one who thought the future of BTC was tied to Donald Trump or any centralized government.

I read that Trump owns 80% of this token, that only tells you what will happen later on.

Right now no single crypto person that is not aware of the $trump memecoin launched on SOL network which has not only seen the token soar with hours but has in like manner invariably giving solana some fresh air and attraction.

It is still fresh in our minds the campaign promises D.Trump sold to the public and in particular the bitcoin community that led to the mind-boggling  and overbearing support he got from bitcoiners across the States and outside.

Surfing through I couldn't see where he talked or discussed about the launch of $trump token and he did with bitcoin wherever he went. Maybe I missed it, anyone could point that to me please.

On that pedestal I have been thinking, trying to process certain items in my head. Did  D. Trump used bitcoin as a means to achieve his political ambition with a preemptive plan to later use that influence to launch a token of his? A means to an end, who knows!

To now that he has launched the $trump token, where would his priority lies in the future. Bitcoin or his memecoin? This is something to think about the future of bitcoin and the trump effect, what does this make for the latest development.