Topic: If Kamala wins, how'd impact the crypto market and traders. (Read 392 times)

By now, someone who is not new to the crypto market will know that events move the market direction and a smart thing to do will be to have good speculation skills, I have, since the election period, seen events where traders get rewarded for completing futures trading tasks and this can earn us more coins like Toncoin, Grass and X Empire. Since it is futures event, one should just follow the market direction and weather up or down, you are not affected. My two cents.

https://www.bitget.site/events/activities/2c1619defed55ac8a7a12ca773fa9ad8?color=white

Man, I don't have any expectations from any government in any country.


Yes. As it has been since 2009 when it was born.


Governments have been pawns of corporations/companies, for a long time. BTC attracts companies (and no governments) because was and still is a miracle. From digital dust and nothingness to the purest and most precious diamond of all times. For this miracle didn't need any capital, any marketing, any business, any government. Just us, the "crazy idiot people that follow it". From this miracle were born companies that created a new financial branch, a new market, totally independent from any other. These companies now have power, the only one that governments accept. Money. A lot of them. What do you think will happen? The government will cut off the faucet or it will adapt (in terms of taxation, limitations etc bs) to it, as they already did? They adapt to it, not BTC to them!


You missing the start of all. BTC. If and if and if... If we follow, believe, derail, inrail, sell, buy, mine, accept, or refuse BTC any time that they (traditional financial my ass gurus and their yard) said that BTC (digital currency) will be destroyed, vanish, doomed, now we will not be talking here. Trump (and any Trump) needs that money, needs to gain from this market and not close it. But that doesn't make him a crypto friend or believer. Neither will do something that it's not expected to be done.
Btw, you should check the videos of our community friends on Youtube. It's a very good reminder of what they said and what eventually (and inevitably) happened... "Not this time, not ever..."

Donald Trump have announced him self win the election and since first time the winning vote announced make Bitcoin pump significant success breaking the ATH price for several time. Firstly when Donald Trump winning the election bitcoin hit above $74 and without one day later make new ATH until raise to $76k.
I believe bitcoin significant movement the impact of Donald Trump have won the election because his promised will make bitcoin as most friendly currency transaction in United State.

If Kamala Harris winning the election, surely bitcoin will get large correction and easily dump although few weeks later will up drastically as usually how bitcoin correction or movement after going dump. I think have positive side after Kamala Harris loss the election and bitcoin raise up due the Donald Trump winning effect.

Trump has been mentioning the crypto space a lot during his election so most definitely him winning will stimulate a whole lot of upward moves because it's believe that he's going to make policies that will definitely favour the crypto space but haris didn't mention that so much so an initial dump may happening she had won.

For the trading competition make sure to have your emotions in check if not you may not be able to compete well enough because you may react even more since there this sense of a competition in the trading activity.

If not for Trump - there would be a different event that would push the BTC rally further.
It's just how it works.
And there is nothing wrong with that. No matter who would win - BTC would still go further, recover, and break the ATH, albeit, a bit slower than was expected after the elections.

Talk is cheap and plenty. Crypto especially makes it so cheap and so plenty. I wasn't even around in the crypto days when Microsoft or whoever or Buffett said things about crypto and everyone went wild. But I did see when Elon got in bed with crypto and made people go crazy. And what net effect? Mass adoption my ass. Unbanked millions my ass.

BTC should be doing 20% not 10% actually if all the crypto bros are right

And she didn’t win lol... Trump’s back in office, and BTC is pumping like crazy. I knew it would, so I was ready cos I went long on BTC and made some nice profits, even though I knew there was risk involved.
I doubt there’ll be another trading competition at the end of the year since Binance has already wrapped up their annual futures event. But I joined an event on Bitget that requires futures trading volume completion. For this event, the rewards will be distributed in GRASS, TON, and XEmpire.

Yes, whether Kamala Harris or Donald Trump was elected in the American elections, the price of Bitcoin would have definitely gone up or there might have been some volatility in the market for a while, but the market would have recovered and started running at a normal pace. A lot has happened with Bitcoin in its journey but it has always completed its four-year circle on time and it could have completed this year too if Kamala Harris had won the election. The price of bitcoin is increasing rapidly because of the election of Donald Trump, but if he had not been elected, the price of bitcoin would still have increased, but it would have taken more time.

Yeah, even the Coinbase CEO sees bullishness on Trump's win. It may take 2 months or so until he gets into office.

And we in the community are simply going to wait for that. So, we're seeing the idea here of every cycle that we'll be seeing the heights on 2025 which is in accordance of every bull run and halving date, the 4-year cycle is in.

exactly my points of view since this scenario of election between Harris and trump prediction of its effects on bitcoin increment and decrement started, neither trump wins or Harris I believe that bitcoin price will still increase if the demands is high through more investors, you have said the clear truth that only that can make bitcoin to fall totally in value is when government of different nations ban bitcoin totally....but theirs what I want to know, if America government ban bitcoin, does it mean that bitcoin won't exist?

If the US government is not friendly and strict towards bitcoin, they will issue policies that prevent institutions from investing in it. Do you think Bitcoin can reach $100k or will it continue to grow?


Things have changed a lot and you need to adapt, bitcoin has become more popular and is getting the attention of governments. The government is no longer turning a blind eye to its growth and I don't believe it can continue to grow or become more popular if the government doesn't want it to.

For example, if the government did not approve bitcoin ETFs, where would we get the billions of dollars that flow into the market every day and push bitcoin prices to the high levels they are today ?  Also , without the impact of Trump's victory, what caused Bitcoin price to increase from $68k to $76k in just 1 day? What was the driving force behind that?

Trump was only brief about what crypto community want, that guy knows few about Bitcoin to be honest with you and I'm sure they are going to make a review with the SEC and other stuff before they pass any laws to guideline Bitcoin. Government will always be government no matter who is in power, Trump is just the president! People works for him and those people are going to be responsible for the outcome of his government, atleast that's how I know government works.

The things I fear is these, hopefully he doesn't forget some of the promises or maybe advice not to do some of the things he promised people, he doesn't get away with other important things that are big enough to make him careless about Bitcoin. Most often, election promises are just mouth thing, he was there and they said bad about him, Biden made promises and they say bad things about him, definitely there is going to be a break point where he will not satisfy people, just lower your expectations.

"Talk is cheap" and "empty." That's the perfect sentence for this situation, man. They shake hands with some businessmen in the crypto industry, have complete ignorance of the crypto ecosystem (except the economic figures, after all, that mattered to them), open their mouths and say... nothing.
Let's see what kind of legislations regarding the benefit of crypto Trump will propose. Even though he proposes, Congress must favorite vote for them and that's the trick for them. Politicians, no comment...

Great point, I brought it up before. Everyone's saying Trump is pro crypto but what exactly is he gonna do now? Talk is cheap, but what exactly? I know Kamala also the same, a lot of talk but no specifics, so I always wondered what people are ranting on about. None of the candidates say anything exact. So what's the big deal right?


Time for people to realize BTC is a big boy now. He doesn't care about the news anymore.

For sure though he will forget some of them, like all the Presidents and Prime Ministers in every country of this poor planet...

So if he doesn't do what he promises regarding crypto (sorry but what did he actually promise to do about it?) then BTC will be faced as an enemy? Why? He joins forces with the "big" heads of the crypto industry, just because he wants (needs better) that money, simple as that. When you can't beat your enemy, join forces with him.
Or BTC will wait to get at $100k+ because of him? Sorry but BTC has proved more than 5000 times that doesn't bother who is saying what. At all! So, you shouldn't be so pessimistic. The King will hit another ATH before the end of this year and... Merry Christmas to all! 

100K might happen but I don't think we see it until Trump takes office in January if we see it at all. We don't know what happens between now and when Trump takes office. What we do know is Trump won and so apparently 250 pro crypto people are poised to win in their elections as well. This could be great for crypto obviously.

https://cryptopotato.com/major-boost-for-crypto-as-pro-blockchain-candidates-dominate-2024-election-races/

True. For now, those promises are still left to be fulfilled, and we don’t know yet if he has immediate plans for crypto that will elevate the crypto performance in the market. Let’s just hope that he won’t easily forget all his promises. Otherwise, our dream to see bitcoin price skyrocketing into $100k will never be possible this year or the following year. It would be Trump versus the crypto community then, but unfortunately he’s more than powerful now.

It just a step away when people are saying $100k straightly, that's where Bitcoin is going but we have to go through first with $100k.

So it makes sense to see these $80kish lines before proceeding to $90k and so. I am one of those that are telling $100k and it's normal to see that skipping because we're just overwhelmed and optimistic about it.

But soon, we'll see $80k as well as we've seen a new ATH that had been breached at $76k.

I believe we'll be more bullish as trump has won. In a year we might see $BTC around a $100k/1. This is speculative but with high probability. For the other question, yeah I have and it needs dedication to meet the requirements. Here's one that's on rn, Trading competition to get ton, grass you can check out if you fancy.

Btw, I won't be on longs till eth flips 2800 ish

Trump won and your analysis is playing out