it will depends heavily on trump's decision and whether or not he will stick to his promises.
people are optimistic with the strategic bitcoin reserve after trump's confirmation and it gives a good sentiment, on the other hand there's also variable that makes bitcoin somewhat bearish for short term outlook right now.
I can feel that things might change when we're finally on the new year, as of now, bitcoin price just gonna follow the december sentiment of sell off due to the upcoming holidays, after all people need money and BTC price is quite good right now, some of them definitely gonna realize their PnL despite the fact that BTC can still go up further, no doubt.
however, I expect good things to come for bitcoin.
Topic: How much will Trump affect the market long-term? (Read 97 times)
Trump has just recently confirmed the BTC reserve and I am wondering how much you guys think Trump will affect the entire market long-term?
After what we saw after the elections, I definitely think this is a green flag.
Federal Reserve Chairman Jerome Powell has been very vocal in his opposition to Trump’s policies and the bitcoin price has been correcting in the last few days. This means there is little certainty about the long term impact of Trump. Some states are planning bitcoin as a strategic reserve currency and that could have an impact if all three of them are successful in making it work. In the long term we don’t know how Trump’s decision will affect bitcoin or not but it should have a positive effect.After what we saw after the elections, I definitely think this is a green flag.
What danger do you mean because after the election is over and bitcoin gets a significant increase moment it should be a good thing and that is what most people hope for.
Good day,
Trump has just recently confirmed the BTC reserve and I am wondering how much you guys think Trump will affect the entire market long-term?
After what we saw after the elections, I definitely think this is a green flag.
What are your thoughts?
Trump has been making a long-term plan for Bitcoin and the crypto space since the election campaign and is taking various steps according to that plan. In the meantime, Trump has announced a strategic reserve plan for Bitcoin. Implementing this step means that he will definitely take the world of Bitcoin to another level. Trump estimates that along with implementing his plan, the increase in interest from the world's strong Bitcoin holders indicates that the entire market will reach 16 trillion. I am sure that if Trump implements his words and people around the world think positively about it, then this is possible. Not only Trump, but also big countries are planning to make a strategic reserve plan for Bitcoin. In the coming days, there will be another war, that of Bitcoin. Who will lead there will depend on who has how many Bitcoins in his possession. Trump has just recently confirmed the BTC reserve and I am wondering how much you guys think Trump will affect the entire market long-term?
After what we saw after the elections, I definitely think this is a green flag.
What are your thoughts?
.
As a federal union each states constituting the USA does enjoy some level of autonomy and I think that's what gives those interested states in bitcoin the right to want to make bitcoin their state's reserve currency even though the Fed Reserve Chair J. Powell says the Fed can't own bitcoin it has nothing to do with the federating units. The step Trump would have to take to see to his vision of having the USA to own bitcoin as Fed reserve currency is by working on majority of Congress men to key to his vision by amending the USA constitution, and we don't know how fast this could happen. Some people can think that the interest rate news is only the reason for the fall of bitcoin price recently below $100 thousand but Federal Reserve Chair Jerome Powell says the Fed is not allowed to own bitcoin.
The question now is will Trump be able to make bitcoin as strategic reserve currency? Although, I three states in United States are in the move to make bitcoin a strategic reserve.
The Feds aren’t allowed to own Bitcoin but the states can? Why is that, aren’t them parts and parcel of the same government? Except I’m not understating something here.The question now is will Trump be able to make bitcoin as strategic reserve currency? Although, I three states in United States are in the move to make bitcoin a strategic reserve.
Everything will be known when Trump actually assumes office. All these words, promises, confirmatory statements, and the like are for now mere talks. We will see whether Trump actually walks the talk when his presidency starts.
I'm optimistic, though. He's pro crypto. Congress has a good number of pro-crypto lawmakers as well. If they're serious in translating their words into actual policies, regulations, and laws, I guess they can do it.
As to the long term, it depends on several factors. For one, a nation's crypto stance could change as soon as leaders change. It's also a big factor how well Trump establishes pro-crypto policies during his presidency. If the Bitcoin strategic reserve is put into place and there's indeed a global domino effect following it, the long-term will be more bullish.
I'm optimistic, though. He's pro crypto. Congress has a good number of pro-crypto lawmakers as well. If they're serious in translating their words into actual policies, regulations, and laws, I guess they can do it.
As to the long term, it depends on several factors. For one, a nation's crypto stance could change as soon as leaders change. It's also a big factor how well Trump establishes pro-crypto policies during his presidency. If the Bitcoin strategic reserve is put into place and there's indeed a global domino effect following it, the long-term will be more bullish.
There are already a bunch of topics about this which you should read.
In short I think it is too soon to predict because so far there has only been empty talks. But there are a lot of red flags. A lot of restrictions could be applied by the US government that wants full control and surveillance if they start accumulating bitcoin and continue their "regulation" of exchanges and other services. That would significantly slow down adoption.
I also personally predict US government's market manipulations in the future if they go ahead with what they've said so far. Meaning they could start pump and dumping bitcoin, crashing its price to make a lot of money and cover part of their massive budget deficit. This would also have a significantly negative impact on the adoption.
In short I think it is too soon to predict because so far there has only been empty talks. But there are a lot of red flags. A lot of restrictions could be applied by the US government that wants full control and surveillance if they start accumulating bitcoin and continue their "regulation" of exchanges and other services. That would significantly slow down adoption.
I also personally predict US government's market manipulations in the future if they go ahead with what they've said so far. Meaning they could start pump and dumping bitcoin, crashing its price to make a lot of money and cover part of their massive budget deficit. This would also have a significantly negative impact on the adoption.
Good day,
Trump has just recently confirmed the BTC reserve and I am wondering how much you guys think Trump will affect the entire market long-term?
After what we saw after the elections, I definitely think this is a green flag.
What are your thoughts?
Bitcoin price must not be centered regarding Trump choice of words always, his action is needed more probably afterwards we can decide if this is a great impact. Viewing bitcoin price recently seems surprising well it’s as a result of Trump victory even if this trend will last or not for awhile now bitcoin market is doing great with the unstable prediction, let’s not forget Trump will stay for long IMO let’s give all this some time before concluding maybe I will read more on Trump spoken words concerning bitcoin. Trump has just recently confirmed the BTC reserve and I am wondering how much you guys think Trump will affect the entire market long-term?
After what we saw after the elections, I definitely think this is a green flag.
What are your thoughts?
Good day,
Trump has just recently confirmed the BTC reserve and I am wondering how much you guys think Trump will affect the entire market long-term?
After what we saw after the elections, I definitely think this is a green flag.
What are your thoughts?
I really wish you would have dropped a link yo where the rest of us that might be interested in this news could read it for ourselves.Trump has just recently confirmed the BTC reserve and I am wondering how much you guys think Trump will affect the entire market long-term?
After what we saw after the elections, I definitely think this is a green flag.
What are your thoughts?
I haven’t come by this but, it concerns what I’m about at least and coming form a figure that have come by some influence in recent time, it would be cool having to read what that is to gain an insight on how it could go in the coming days.
Some people can think that the interest rate news is only the reason for the fall of bitcoin price recently below $100 thousand but Federal Reserve Chair Jerome Powell says the Fed is not allowed to own bitcoin.
The question now is will Trump be able to make bitcoin as strategic reserve currency? Although, I three states in United States are in the move to make bitcoin a strategic reserve.
The Feds aren’t allowed to own Bitcoin but the states can? Why is that, aren’t them parts and parcel of the same government? Except I’m not understating something here. The question now is will Trump be able to make bitcoin as strategic reserve currency? Although, I three states in United States are in the move to make bitcoin a strategic reserve.
Trump's announcement about Bitcoin reserve for US raise Bitcoin's price over $107,000. This most likely a good news obviously, but there is also some other who thinks volatility of Bitcoin would be dangerous for a national reserve. There is no plan in concrete as of now, so the long term impact is not clear. His pro crypto stance may boost market confidence in the short term, but it's hard to predict if this will lead to stability or just more unpredictability. As always with crypto, it's a rollercoaster, keeping an eye on developments before jumping in might be the smarter move.
Some people can think that the interest rate news is only the reason for the fall of bitcoin price recently below $100 thousand but Federal Reserve Chair Jerome Powell says the Fed is not allowed to own bitcoin.
The question now is will Trump be able to make bitcoin as strategic reserve currency? Although, I three states in United States are in the move to make bitcoin a strategic reserve.
The interest rate reduction should have been good for the market since people will have more money to invest. But just as you said it was Jerome Powell's statement that the Central Bank cannot hold Bitcoin except some laws are amended by the Congress that affected the market negatively.The question now is will Trump be able to make bitcoin as strategic reserve currency? Although, I three states in United States are in the move to make bitcoin a strategic reserve.
The Feds Chairman seems to be against Trump's plan to make Bitcoin a reserve currency. He has also made it clear that he will not resign even if the incoming president pushes for it. His standing is coming from his belief that the president doesn't have the power to sack him.
Trump's ability to make Bitcoin a reserve currency will depend mainly on his ability to lobby Congress to amend existing laws to include using Bitcoin as reserve. If this challenge is surmounted and Trump continues with his agenda, Bitcoin will experience an upward movement because other countries might join the US to buy and hodl Bitcoin.
Some people can think that the interest rate news is only the reason for the fall of bitcoin price recently below $100 thousand but Federal Reserve Chair Jerome Powell says the Fed is not allowed to own bitcoin.
The question now is will Trump be able to make bitcoin as strategic reserve currency? Although, I three states in United States are in the move to make bitcoin a strategic reserve.
The question now is will Trump be able to make bitcoin as strategic reserve currency? Although, I three states in United States are in the move to make bitcoin a strategic reserve.
Good day,
Trump has just recently confirmed the BTC reserve and I am wondering how much you guys think Trump will affect the entire market long-term?
After what we saw after the elections, I definitely think this is a green flag.
What are your thoughts?
Well for the long-term impact of Donald Trump's administration on Bitcoin and cryptocurrency it all depends on the regulations that are formulated and implemented by the government as regards Bitcoin reserves and cryptocurrency adoptions within the USA, this has to do with the infrastructure development to support the entire cryptocurrency ecosystem.Trump has just recently confirmed the BTC reserve and I am wondering how much you guys think Trump will affect the entire market long-term?
After what we saw after the elections, I definitely think this is a green flag.
What are your thoughts?
If we focus so much on the acclaimed Bitcoin reserves by the government, this doesn't add up so much to the market, since the profits of such government reserves are not used to advance the crypto cause, state Bitcoin reserves and ETFs all means for individuals and government to take advantage of the Bitcoin volatilities, so we shouldn't make mentioned of Bitcoin reserves as support for Bitcoin.
Good day,
Trump has just recently confirmed the BTC reserve and I am wondering how much you guys think Trump will affect the entire market long-term?
After what we saw after the elections, I definitely think this is a green flag.
What are your thoughts?
Trump has just recently confirmed the BTC reserve and I am wondering how much you guys think Trump will affect the entire market long-term?
After what we saw after the elections, I definitely think this is a green flag.
What are your thoughts?
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