Topic: The Victory of Trump and it's benefit to Cryptocurrency (Read 130 times)

Trump is very smart, this election has shown that there are many bitcoiners wolrdwide, Kamala haris and Joe Biden are like Tinubu of Nigeria that doesn't see anything good in innovation and digital economy, the difference between them and Tinubu is that there are somethings they can't do no matter how powerful they are but nigeria president can do anything afterall he can rig himself back to power as it pleases him, even as old as trump is, he understands what Bitcoin is and the problems it can solve, it is unfortunate that people fight against technology.

The US as the world power has a significant role it plays in the world economy more especially when it comes to who wins their elections, let's not forget that naturally we can't support someone that wants to frustrate our business in an election, I think that was what happened in the just concluded  US election, Donald Trump is a Bitcoin enthusiast and many whales did everything possible for him to win, they campaigned for him indirectly with their finance and with his smartness, he won, in the coming days we may be experiencing further upsurge that may likely beat our imagination.

Right from the moment Donald Trump included Bitcoin and the matters of other cryptos, in his campaign agenda and even agreed to receive donations via decentralized crypto currency channels and even made a buyout at a food vendor using Bitcoin as payment, I knew as well as everyone that he was gonna get my vote, in the spirit and as well as in the physical if i could vote.

What now remains is the swearing in ceremony and assumption of office, which would lead to the fulfillment of those promises he made during his campaign.
Although, his win did actually affect the surge in BTC price and the value of other crypto currencies that even if the expected bull run as predicted were to happen anytime now, what should make one think this isn't enough reason to be called a major crypto currency market volatility?

We the third world countries in the forum and outside di forum dey support Trump well well. Some of our boys in Nigeria like Davido and co friends went to America and vote for Donald Trump. In Trump first tenure, him been no dey support Bitcoin like dat and when Joe Biden came things come worst and Bitcoin come dey enter 15k dolla and became to struggle to come up again, and Elon Musk and Microstrategy company come join the investment and from there the price come dey increase till last year when US election campaign come dey start and Trump come dey accept Bitcoin and Bitcoin come dey increase till now. So those na some of the benefits I know dat we don get from him. And we believe say when him finally sit on the power then things go change to good for us.

According to the news I think the Bitcoin hater Gary Gensler would seize being the Sec Chairman and according to the image above you'll see that people he's shortlisted for that position in his regime are Bitcoin lovers and Enthusiasts, that alone is  welcome development for the Crypto community and it shows that Trump would keep to the promises he made in his election campaigns.i know people would use the point that we was a Bitcoin hater to judge him but let's not forget that change is constant, many people in the Bitcoin community currently were Bitcoin haters but since they've got to understand the benefits of Bitcoin they had to embrace it, currently most country's that's place bans and regulations concerning Bitcoin and Cryptocurrency at large are now beginning to priotise it take India, China and Russia for example.

Trump has always been anti Bitcoin and all of a sudden a bitcoiner? He's a politician and will say or do anything to get vote, he knew he would get the world attention if he wins over the Bitcoin community. Trump has always maintained that Bitcoin is volatile and can't be seems as Money.

This was Trump's post on Bitcoin thread in 2019;

"I'm not a fan of bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air," Trump said at the time"

He went ahead in one of his interviews and described Bitcoin as scam, the fact that he chosed a Bitcoiner JD as Vance shouldn't give us the mindset that he's going to go smooth on Bitcoin.

As of the time you made this comment, bitcoin has not yet reached the $77k level; it's just on its way to that price, which might be possible tonight. Only Binance has recorded a $77,000 trade, which I believe is a bot trade capture. None of the coin trackers have been able to pick that the ATH as of the time you made this comment still remains below $77k and within the range of $76,900.

Not just any Q4 of every year, mostly that of each halving year has displayed significant price pump and never has it failed from the creation, so nothing seems to hinder the progress we all expect from the market, even if Kamala had won and the market immediately went down, we are definitely going to still make an ATH before the year runs out.

Trumps' victory had a push up for the price movement, but aside that, there has been quite the signs that we are beginning to get closer to the price run up, Bitcoin presently at $77k we might get fortunate to cross about $80k coming week, the momentum at which the market is moving reaching $100k before the year runs out looks achievable if the break downs won't take long.

Last month was dull for Bitcoin because the price did not go up as expected but this month being November we have see much increase on Bitcoin.

Aside from November being a good month in crypto, in relation to the just concluded US presidential election, there has been a rise in Bitcoin amount Since Trump won. A lot of people knowing he's into crypto chose to reinvest and invest into the Bitcoin market because it has potentials and values and if indeed countries are calling to ceasefire for their wars and peace is on the way, then this is a good thing not just for the crypto market but the economy in general.

There was a post on X, where Trump was seen buying burger with Bitcoin, it's a really good thing for the market. I'm just hoping that he doesn't adjust  when he steps into office, adjusting in the sense of losing interest in the crypto market. I hope all the promises he made, both to the crypto industry and combatting war as he promised is legit and he's going to work towards fulfilling it, other than just mere campaigning.

quite a lot of threads have been created already on the effect Trump's victory at the pole will have on the economy, crypto, Bitcoin and even unternational peace and these are all coming because of the expectation of people on Trump which if not properly managed could force some people into making decisions that's going to be damning.

If there's a cease fire in the Russia Ukraine crises as well as the Israel palestian war, it's going to affect the global economy for the better and will cause Bitcoin price to continue gaining momentum. These are likely things to happen but it's going to be to our interest that we are not all too eager at making decisions on buying crypto above how financial strength just because of these sort of possibilities.

If before the end of the year Bitcoin gets to even $90k, that's when we will be sure that the surge in going to be a long term something but for now, it's just best that if you're doing your regular DCA, keep at it and don't invest an amount you can't allow to stay for the long run. It's not entirely impossible that Trump changed and refused fulfilling his campaign promises which will in a way affect Bitcoin negatively. As reality unfolds, we're going to see things happening right before our eyes which will guide us in making effective decision. The only best option to consider now is that it's never an option to sell Bitcoin at the present.

Though the victory of trump was greatly anticipated to be in the poll which made his victory in the election not so surprising to me. I think it was all a mindset thing granting Trump's campaign train philosophy towards cryptocurrency and bitcoin community that led to the accentuation of bitcoin price immediately he emerged winner in the poll beyond what uptober would have given despite the month been regarded as bitcoin rising month in bitcoin history.

Should there be relative peace across the world by 2025 then it really going to create a conducive atmosphere for the bull run to completely set in even before the quarter of the year we're expecting.

Inevitable Truth many has been expecting this great push before now mostly on the October which did not speed up the way many expect but I see this Great change been propelled by this concluded UD election I see that some holdler and investor are waiting before now to see how the election will end up and the winner, in my opinion I see the winning of trump as positive one towards the rise of Bitcoin, though more of it rise is yet to come Bitcoin will hit 100k before the year end.

Yeah, I think the election had a very important role it played in the price surge of bitcoin despite the notion behind price upward trends of October and November after halving, it is obvious more people are buying bitcoin in preparation of D. Trump declaring bitcoin as part of America's strategic reserves which would see rapid buying of bitcoin and possible proper launch of the bull run. Trump was heavily supported by the bitcoin community, and I believe and hope he would not disappoint the people he made believe in him and contributed greatly to his re-election back into office.

I am very much positive on bitcoin goood appreciation before the end of the year and if you observe carefully, the price is resisting between $75k and $76k and I am one of those proposing for it to climb to possibly $80k or more before the end of the month. Green Green is all I see for bitcoin going forward.

This is a moment when you should not sell your bitcoin for any reason, HOLD! HOLD! and keep HOLDING, the future is bright.

In the history of bitcoin price October and November have always been a good one, which is why they give it the name "Uptober," adding with the halving event, which also contributes to price increases after sometimes October was not as posting as most of us expected, but the US election and the winning of Trump bring about the speed movement. We just have 53 days till the end of the year; let's see what price bitcoin will end the year with.

Before the elections, I was very sure that the outcome would influence the price of Cryptocurrency (Bitcoin) especially, well Bitcoin would've still been bullish cause in the history of Bitcoin November have been a bullish month, especially in the fourth quarter of the last year in every circle therefore regardless of the outcome of the election Bitcoin would've still been bullish just that Trumps victory would speed up the pace of Bitcoin heading towards the 80 to $100k dollar mark as it is doing currently. I think we'll continue to see Bitcoin setting more ATH cause I learnt that Hamas are now calling for a ceasefire and immediate end of war after knowing that Trump won, several other war heads like Putin have done same and are seeking peace, even the Houthis are also calling for a cease fire. War is one major thing that causes FUD and manipulate the market therefore these are interesting times ahead and everyone should be already be prepared for the good times ahead.