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Topic: Bitcoin and $trump: Where will Trump priority be in the future. - page 4. (Read 845 times)

copper member
Activity: 280
Merit: 5
Yes, that is as expected. In 3 months, those 80% of the supply that you mentioned will be unlocked to Trump and his team at which they would have the opportunity to dump on the market and extract as much value as possible. If we are being honest with ourselves, a president has no business launching a memecoin. Otherwise we'll have all countries and their president launching memecoins too.

If Trump and his team believe in the TRUMP token, they'll unlock it in 3 years instead of 3 months and maintain their vested interest to see it succeed.

Imagine every president doing this stuff on SOL, jesus  Grin
Surreal to think about it, even considering that Trump alone for now holds the spot in this type of thing.
hero member
Activity: 2310
Merit: 832
🌀 Cosmic Casino
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.
A business man and a politician in one person some of the things he does for profits shouldn't be unexpected. The thing is that D. Trump has always known when and how to dress for the party and taking advantage of every open opportunity, in all of these it has always worked for him. Here's another memecoin project of his and shocking enough he holds 80% of the tokens which clearly means that a significant dump has to come from his wing

Yes, that is as expected. In 3 months, those 80% of the supply that you mentioned will be unlocked to Trump and his team at which they would have the opportunity to dump on the market and extract as much value as possible. If we are being honest with ourselves, a president has no business launching a memecoin. Otherwise we'll have all countries and their president launching memecoins too.

If Trump and his team believe in the TRUMP token, they'll unlock it in 3 years instead of 3 months and maintain their vested interest to see it succeed.
legendary
Activity: 2758
Merit: 1228
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.

I thought I'm the only one who is having this going through my mind since the media trend of $Trump. I'm yet to see official declaration or endorsement from Trump to justifies this memecoin truly belongs to him. Moreover, I have seen several imitation of this memecoin going round which is a sign that the hype is just temporary and in the long run, it will seized unlike the bitcoin that have sustain several ups and downs.

On the other hand, Trump is a politician and politicians use anything possible to achieve their aims whether it favours them at a time or not and abandon it after achieving their aim. I won't be surprised as well if that's the case with Trump. One thing is certain, he'll not be on power forever and Bitcoin will remain with or without his support and guess what, the memecoin will diiiipp the moment he leaves office  Grin

I think what you are looking for is here.

Quote
My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to http://gettrumpmemes.com — Have Fun!

By the way you can see that post in his official account https://x.com/realDonaldTrump/status/1880446012168249386


But I doubt this amazing situation would continue since for sure the same with meme coin out there when they are out of hype provably that massive dumping will come so I guess people still need to take proper precaution and don't hope to much that it became the next Bitcoin since we should remember that this is still a MEME coin.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
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.

Probably neither. Claim to support Bitcoin is means to gain more vote and supporter, while creating memecoin is probably means to make himself more money. But i expect he'll talk about Bitcoin far longer than his memecoin.

Right now no single crypto person that is not aware of the $trump memecoin launched on SOL network -snip-

What do you mean by crypto person and what is Trump memecoin, is it another shitcoin?

OP probably talk about this memecoin, https://www.coingecko.com/en/coins/official-trump. In addition, his wife also release her own memecoin, https://www.coingecko.com/en/coins/melania-meme.
sr. member
Activity: 868
Merit: 388
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.

I thought I'm the only one who is having this going through my mind since the media trend of $Trump. I'm yet to see official declaration or endorsement from Trump to justifies this memecoin truly belongs to him. Moreover, I have seen several imitation of this memecoin going round which is a sign that the hype is just temporary and in the long run, it will seized unlike the bitcoin that have sustain several ups and downs.

On the other hand, Trump is a politician and politicians use anything possible to achieve their aims whether it favours them at a time or not and abandon it after achieving their aim. I won't be surprised as well if that's the case with Trump. One thing is certain, he'll not be on power forever and Bitcoin will remain with or without his support and guess what, the memecoin will diiiipp the moment he leaves office  Grin
sr. member
Activity: 1260
Merit: 429
Right now no single crypto person that is not aware of the $trump memecoin launched on SOL network -snip-

What do you mean by crypto person and what is Trump memecoin, is it another shitcoin?

Quote
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.

I believe that this $trump token is a memecoin launched by Trump to gain some profit from the cryptocurrency market - but it is basically another shitcoin, you can't compare shitcoin and bitcoin. And it is clear that his priority is Bitcoin while he is the US president, because what can you expect from a shitcoin, Bitcoin has more credibility and reliability, and it is much more regulated and can provide taxes to the government compared to this shitcoin.
hero member
Activity: 1400
Merit: 674
This is something to think about the future of bitcoin and the trump effect, what does this make for the latest development.
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.
The problem is that the stigma that is applied today to Trump is Bitcoin, he often mentions that bitcoin will be with him during his campaign there is no plan in the formation of tokens or coins and others about Trump himself officially, while we are surprised by it with joke tokens, making people ask if he will not pay attention to Bitcoin because he has his own family tokens including his own, because if speaking honestly, will it be noticed and I increasingly question whether he will make bitcoin a strategic US asset as previously discussed.

Indirectly the bitcoin stigma is related to this, because many people make regulatory decisions regarding bitcoin in the US as a bullish catalyst.
sr. member
Activity: 756
Merit: 356
I keep saying people overestimate the importance of Trump to bitcoin. I've been saying it since. First of all the 180 degrees Trump did on his view of bitcoin should tell everyone all they need to know. Bitcoin has become big and a lot of big corporations and venture capitalists are into bitcoin directly or indirectly so he won't want to piss those people off like Biden did by being against bitcoin. He did not favour bitcoin simply because he was a believer, he did that for his campaign.
I actually do not care why he turned around as long as it favours bitcoin, but people need to stop acting like he's now at the centre of bitcoin.

Also, the delusion that Trump will focus on Bitcoin needs to stop. He would focus on so many more important things, and in the grand scheme of things, Bitcoin is relatively insignificant. I doubt he would even put that much focus on his own coin because he has people who handle that; he's not going it directly.
All I just want to say is that Trump's supporters give him so many passes. There are things other leaders or candidates will do or say and people would tear them apart, some things Trump does are career-ending things for others but not with Trump. Somehow, he always gets a pass for everything he does. Everyone should be held in the same high standards they hold others.
legendary
Activity: 882
Merit: 1873
Top-tier crypto casino and sportsbook
You know well where his priority will be now, he just proved it two days prior to his inauguration.  The priorities will be where his own Money and Wealth of his family can grow.  Probably Musk Token, Baron Token and other Shit Coins will be next.

It is clear now, they do not care.  Not about Bitcoin, not even about you.  His choices for the new Administration was a clear sign, it is all going to end gloriously for all the Billionaires but disastrously for the rest of us.

This is a GIANT reminder for anybody who praises any stranger as if they were God himself to finally wake up and realize no Rich guy is coming to save us or our Wealth.  We are all on our own and we will have to fight for ourselves, nobody else will.  This is also a reminder for everybody who thinks Michael Saylor is doing an amazing work by purchasing so much Bitcoin.  All it takes is the right opportunity and he will probably one day end up dumping it all on us too.
?
Activity: -
Merit: -
I just saw on the Twitter account that Donald J. Trump reposted some posts on the $trump twitter account, so it is really real. I am surprised, is this even legal in the United States even if you are President or any kind of politician?
Now this make remember with the case where SEC investigate Elon Musk's tweet because he often tweet about Doge. with a reason of market manipulation.

But, what about this shit meme coin? why SEC not investigate Trump for manipulating the market? there are a lot money invested in this shitcoin. Just in a day, the coin has already 10 Billion of market cap.

The next plan for Trump is thinking how to exit from the market without make the public blame him.

Next plan would rather be to create a meme coin for each member of his family.
 Grin
jr. member
Activity: 96
Merit: 8
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.
A business man and a politician in one person some of the things he does for profits shouldn't be unexpected. The thing is that D. Trump has always known when and how to dress for the party and taking advantage of every open opportunity, in all of these it has always worked for him. Here's another memecoin project of his and shocking enough he holds 80% of the tokens which clearly means that a significant dump has to come from his wing


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.
Alright no clear evidence, but has he come on air to debunk his involvement with the memecoin? I remember when his family member twitter account was hacked and used to promote a certain project in march 2024 it didn't take hours before that news was debunked as anything related to the Trump's and immediately it was brought down. So we not getting any statement of him distancing himself from this token till now is an evidence on the contrary.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
This is something to think about the future of bitcoin and the trump effect, what does this make for the latest development.
(...)

I read that Trump owns 80% of this token, that only tells you what will happen later on.
Is this for real? Because I do not believe that Donald J. Trump is really aware of this memecoin. We all know how memecoin works.
I just saw on the Twitter account that Donald J. Trump reposted some posts on the $trump twitter account, so it is really real. I am surprised, is this even legal in the United States even if you are President or any kind of politician?


More precisely, the development team holds 80% of the total supply and people speculate that the wallet controlling that 80% of the supply belongs to Trump, but there is no concrete evidence that Trump actually owns them.

Before becoming a politician and president, Trump was a businessman and billionaire. Creating a crypto project is like a business so I don't think it violates US law.

There is a lot of controversy about the president issuing his own token on the market because it is something that has never happened before and honestly, it is crazy.
hero member
Activity: 952
Merit: 662
I just saw on the Twitter account that Donald J. Trump reposted some posts on the $trump twitter account, so it is really real. I am surprised, is this even legal in the United States even if you are President or any kind of politician?
Now this make remember with the case where SEC investigate Elon Musk's tweet because he often tweet about Doge. with a reason of market manipulation.

But, what about this shit meme coin? why SEC not investigate Trump for manipulating the market? there are a lot money invested in this shitcoin. Just in a day, the coin has already 10 Billion of market cap.

The next plan for Trump is thinking how to exit from the market without make the public blame him.
hero member
Activity: 1456
Merit: 609
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.

Would have to agree. This might have just been a stunt of his that he wanted to use in order to gain a tremendous amount of wealth and it paid off haha. He wanted to be sure to lock in his wealth and crypto fame early on? He won't have to answer to anyone about this really, and he wouldn't do it once he is actually president so if you ask me it was sort of a genius plan to stir the pot a bit. I wonder what Trump is planning to do with all of his new found wealth and what the future holds for this $Trump Token. I think despite market downturn today that it will see a sharp rise tomorrow.
legendary
Activity: 2562
Merit: 1399
This is something to think about the future of bitcoin and the trump effect, what does this make for the latest development.
(...)

I read that Trump owns 80% of this token, that only tells you what will happen later on.
Is this for real? Because I do not believe that Donald J. Trump is really aware of this memecoin. We all know how memecoin works.
I just saw on the Twitter account that Donald J. Trump reposted some posts on the $trump twitter account, so it is really real. I am surprised, is this even legal in the United States even if you are President or any kind of politician?
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
Just think about what will happen to hiw memecoin after his term.

Today it may just have a good peice to enjoy but once he dumps whixh base from what I have heard, he holds a large percentage in the max supply.

While with BTC, it is spread all over to us. The future will stil be Btc
sr. member
Activity: 2632
Merit: 259
There is only one reason why this trump coin, even if prioritized by Trump, will never surpass bitcoin and that is because only the American citizens will care about this memecoin. Right now, we do not know what Trump plans to do with this coin. What purpose does it serve? Because I am sure that it will only be beneficial for American citizens. It will not be interesting for those outside of the US.

Bitcoin will always be superior and I do not think Trump is going around saying that this will be the next bitcoin or something like that. He should know that that is impossible and he should not go against bitcoin.
hero member
Activity: 1246
Merit: 818
Regardless he want to launch his meme coins everyday, Bitcoin will be fine as long as the US not declare Bitcoin is illegal. What actually people expect Trump will do with Bitcoin?

Now his wife, Melania Trump launch her own meme coin, we can expect there would be Official Donald Trump Jr, Official Ivanka Trump, Official Eric Trump, Official Tiffany Trump, and Official Barron Trump meme coins soon.

We can actually use this moment to flip our money, but make sure only use small portion.
legendary
Activity: 2030
Merit: 1109
Free Free Palestine
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.

He made a promise to the entire crypto industry, not just bitcoin. His creation of a meme token shows that he seems more crypto-friendly than the previous administration, but a president creating his own token is just too weird and unacceptable.

The market is mostly speculators, as long as he creates hype and helps them make money. They will continue to praise and idolize him, and not as many people care about what he does with bitcoin as we think.
Quote
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.

In the long run, bitcoin is still the better choice even if he prioritizes his meme coin. Because bitcoin's value lies in its utility, its use case while memes are just hype and hype can't last forever.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Trump can used Bitcoin as a means to achieve his political ambition while Bitcoin gets more popularity from time to time. He understand how to used the moment for his own benefits as he launch $Trump token and we see the price increase in a short time. But we don't know how long his token can survive in crypto market because that will depends on his team to take care the project.

His priority can change as he see there is a chance for him to raise more profit from his project. But hopefully he will not forget about his promises in his campaign before.
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