I have said this in previous threads too, I will say it again.
The presidential candidate of "one" country does not matter to bitcoin. It may show short term ups or down but that is it.
What matter is whether they introduce new laws or regulations on cryptocurrency use or abuse during their term. Now I know that many people are betting on bitcoin for which candidate is going to win and by how much and all that, but it really does not impact the long term price of bitcoin.
Beginners dont get it because they have not see charts through such events in the past.
Topic: What most beginners don't get about Bitcoin - page 3. (Read 655 times)
Those new investors needs to focus on their investment and not in the election because with or without that, Bitcoin will still go on and get more adoption. We don't have to think about that and let along focus to accumulating more Bitcoin before the time is leave us. Bitcoin is strong enough to survive so we don't have to worry with anything and even the new president don't support Bitcoin, Bitcoin will be more popular. It is better we watch the market move and analyze it so we can benefit from the situation that will happen and not think about the election. The political now trying to attract people attention to support them and they will do many things even if that is mean they are saying support Bitcoin. But I am not sure if they really support it.
it might have an effect when the elected president is the president who will remove or turn off the Internet worldwide. it sounds ridiculous and impossible for the world situation that is increasingly developing like today.
however, beginners in investment sometimes still can't ignore popular or latest news on social media. whatever happens, must have a little effect on the psychological situation of novice investors. it would be better for investors to focus more on the development of their portfolio. don't think too much about things that might mess up our investment plans. focus on getting more.
Why would one person who happens to be president of the United States decide
that it would be a great idea to "turn off" the internet?
If he or she did happen to have a big red button in the white house for "turning off the internet"
it would only cripple every economy in the world because everyone uses for banking and communications.
As has already been posted Bitcoin is decentralised, one president from one country
isnt going to be able to stop it, its also worth considering that with the approval of the
spot ETF's in the US Bitcoin has now been accepted by traditional investors and
they carry a lot of influence through the top investment firms.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
Even if a president is elected and not in support of bitcoin I'm still wondering how it will affect adoption of bitcoin because I'm not sure if any of the past presidents were in support of bitcoin and bitcoin was able to gain adoption and still gaining adoption. If the elected president is not in support of bitcoin it will still get relevant and more adoption because the president can't stop people from investing bitcoin. If bitcoin was able to survive at it early stage with so many lies from people trying to demarket it, that means no amount of opposition and rejection will affect adoption, value of bitcoin because the past of bitcoin have really prove what bitcoin is. Bitcoin will keep existing with good value provided that the government is in support of it or not. Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
If eventually the president is not a fan of bitcoin and their are strict regulations to buy and sell , it is a challenge that can still be overcome because we have gone through hard times like this in the past. Inflation and the nature of fiat is a very good reason why people will still hold to bitcoin and never give up no matter what may be the challenge at anytime.
Those new investors needs to focus on their investment and not in the election because with or without that, Bitcoin will still go on and get more adoption. We don't have to think about that and let along focus to accumulating more Bitcoin before the time is leave us. Bitcoin is strong enough to survive so we don't have to worry with anything and even the new president don't support Bitcoin, Bitcoin will be more popular. It is better we watch the market move and analyze it so we can benefit from the situation that will happen and not think about the election. The political now trying to attract people attention to support them and they will do many things even if that is mean they are saying support Bitcoin. But I am not sure if they really support it.
it might have an effect when the elected president is the president who will remove or turn off the Internet worldwide. it sounds ridiculous and impossible for the world situation that is increasingly developing like today.
however, beginners in investment sometimes still can't ignore popular or latest news on social media. whatever happens, must have a little effect on the psychological situation of novice investors. it would be better for investors to focus more on the development of their portfolio. don't think too much about things that might mess up our investment plans. focus on getting more.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
This is why I am not even commenting for now with those election related threads that are connecting with Bitcoin prices. Because whoever wins there and whoever sits on the White House, Bitcoin doesn't care at all and it doesn't matter who wins it. The charts speak for itself, Bitcoin will get to the top no matter what happens. It's more concerning about the situation of the world like what the pandemic has came and the wars that has triggered than of the election but I know that these global economical issues and wars that are happening has something to do with the US election's.Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
This is a small gift to everyone bitcoin investors that still believes that if a supposed cruel presidential candidate gets to the throne of the US president it will be the end for Bitcoin, I have too many people screaming this in my ear and I am sick of it.
Hahaha...if anyone believes this, then such is misrepresenting things. Although it still depends on the disposition of such a US president to Bitcoin and others, but we can't use the present and the past history to judge what would happen in the future.I've never seen any US administration that is anti-crypto, it would have been worse for crypto space if such happened judging by the status of the USA and the USD in the world economy. Even Joe Biden's administration which many uninformed people perceived as anti-crypto is not so because there is a difference between banning/clamping down on crypto and regulating it.
This is a small gift to everyone bitcoin investors that still believes that if a supposed cruel presidential candidate gets to the throne of the US president it will be the end for Bitcoin, I have too many people screaming this in my ear and I am sick of it.
I also feel sick every time someone talks about Bitcoin with politicians because Bitcoin feels like a politicized object so that for beginners who know Bitcoin, Bitcoin is only about the price when the American presidential candidate is in power.
For those of us who live in countries that do not legalize Bitcoin as a means of payment when the discussion is about price, to be honest we are happy because we can get big profits when the price increases many times over.
The knowledge that I currently hold is that Bitcoin is an asset that can maintain or protect the value of the results of my hard work so far, we have worked day and night because we are not allowed to use Bitcoin as a means of payment.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
There is no organization, government or country that has been able to bring down bitcoin to the point of being worthless. So far we have only often heard that the price of bitcoin will be destroyed by a country that will ban Bitcoin, but in reality until now the price of Bitcoin has been very expensive if we compare it to the price of Bitcoin from years ago. Nothing can paralyze bitcoin unless the apocalypse comes so that all electricity and internet networks are completely paralyzed due to damage on earth.
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Those new investors needs to focus on their investment and not in the election because with or without that, Bitcoin will still go on and get more adoption. We don't have to think about that and let along focus to accumulating more Bitcoin before the time is leave us. Bitcoin is strong enough to survive so we don't have to worry with anything and even the new president don't support Bitcoin, Bitcoin will be more popular. It is better we watch the market move and analyze it so we can benefit from the situation that will happen and not think about the election. The political now trying to attract people attention to support them and they will do many things even if that is mean they are saying support Bitcoin. But I am not sure if they really support it.
I don't care who becomes president of the US and I'm not really interested in getting involved in the ever-surfacing issues about the future of Bitcoin that are always linked to the election, I think it's all full of drama that is very neatly set up to satisfy the desires of both candidates and their loyal supporters. Bitcoin has managed to survive various major shocks before, but until now it still exists and is getting more attention from various investors.
I don't want to think too far into this, Bitcoin never ends even after the US elections are held many times. My belief in Bitcoin is very clear, there is no doubt whatsoever to say "Bitcoin will continue to grow and its price will continue to increase in the future". That's why I never believed it would be the end of Bitcoin.
I don't want to think too far into this, Bitcoin never ends even after the US elections are held many times. My belief in Bitcoin is very clear, there is no doubt whatsoever to say "Bitcoin will continue to grow and its price will continue to increase in the future". That's why I never believed it would be the end of Bitcoin.
Agree with this. Every election, candidates will definitely look for strategic issues to campaign and seek support. The issue will continue to be rolled out as if if this president is elected, Bitcoin will increase, conversely if another president is elected, Bitcoin will die. This issue is indeed easy to bring because we know that Bitcoin continues to grow and many countries have started to adopt it and the US is a superpower that plays with issues like this is very easy for the public to believe.
In fact, as you said, whether there is an election or not, Bitcoin is not affected, even if it is affected, it is only for the short term. Because Bitcoin cannot be controlled by one group or one entity, Bitcoin is freedom and will continue to grow over time. Aren't there many countries that want to kill Bitcoin but still fail, that means Bitcoin is indeed not controlled by anyone.
I am also tired of all this screaming and hype about the next US president whether he is pro-Bitcoin or anti-Bitcoin, in my opinion it doesn't matter at all. Bitcoin was fine before and will continue to be fine after the new US election.
It is very bad in my opinion to tie the fate or future of Bitcoin to a president or a presidential election, this contradicts the basic idea of Bitcoin as Satoshi intended it which is decentralization and not tied to any entity or economy or country. So we should all stop this and focus on more important things.
It is very bad in my opinion to tie the fate or future of Bitcoin to a president or a presidential election, this contradicts the basic idea of Bitcoin as Satoshi intended it which is decentralization and not tied to any entity or economy or country. So we should all stop this and focus on more important things.
I don't see anyone saying that the future of bitcoin depends entirely on Trump or any president or that it will die if president is someone who doesn't like bitcoin. Bitcoin is here to stay and will continue to exist no matter who becomes president, and the issue that most people discuss in political, election related topics is the impact on bitcoin.
We should not deny that government policies and regulations will always have an impact on the entire cryptocurrency industry and bitcoin is no exception. The bull cycle will still happen, bitcoin will continue to conquer new ATH levels and this will depend on supply and demand. But supply and demand will depend on government policy, I don't think the demand for bitcoin will increase quickly and strongly if the government puts in place regulations that prevent people from accessing it.
I still remember many people complaining that bitcoin's popularity and adoption were too slow and the government was the main reason. It is clear that the government also plays a role in the future of bitcoin, why are we trying to deny this?
We should not deny that government policies and regulations will always have an impact on the entire cryptocurrency industry and bitcoin is no exception. The bull cycle will still happen, bitcoin will continue to conquer new ATH levels and this will depend on supply and demand. But supply and demand will depend on government policy, I don't think the demand for bitcoin will increase quickly and strongly if the government puts in place regulations that prevent people from accessing it.
I still remember many people complaining that bitcoin's popularity and adoption were too slow and the government was the main reason. It is clear that the government also plays a role in the future of bitcoin, why are we trying to deny this?
I don't care who becomes president of the US and I'm not really interested in getting involved in the ever-surfacing issues about the future of Bitcoin that are always linked to the election, I think it's all full of drama that is very neatly set up to satisfy the desires of both candidates and their loyal supporters. Bitcoin has managed to survive various major shocks before, but until now it still exists and is getting more attention from various investors.
I don't want to think too far into this, Bitcoin never ends even after the US elections are held many times. My belief in Bitcoin is very clear, there is no doubt whatsoever to say "Bitcoin will continue to grow and its price will continue to increase in the future". That's why I never believed it would be the end of Bitcoin.
I don't want to think too far into this, Bitcoin never ends even after the US elections are held many times. My belief in Bitcoin is very clear, there is no doubt whatsoever to say "Bitcoin will continue to grow and its price will continue to increase in the future". That's why I never believed it would be the end of Bitcoin.
When Bitcoin recorded all time high prices in its history, were the US presidents pro-Bitcoin? When Bitcoin reached an ATH in 2013, in 2017, in 2021, and 2024, were the presidents during those times supportive of Bitcoin? The answer is a big no. So why should it be any different this time around?
Bitcoin was called a criminal's currency, a Ponzi, a scam, a rat's poison, and so on and so forth by powerful and influential people, but it continued to record all time highs. Even Trump himself called Bitcoin a scam. Bitcoin didn't care. Regulations were tightened over and again but Bitcoin continued to rise. Bitcoin doesn't care about presidents.
Bitcoin was called a criminal's currency, a Ponzi, a scam, a rat's poison, and so on and so forth by powerful and influential people, but it continued to record all time highs. Even Trump himself called Bitcoin a scam. Bitcoin didn't care. Regulations were tightened over and again but Bitcoin continued to rise. Bitcoin doesn't care about presidents.
I think the end game will be the same but you need to understand that the day that Kamala harris wins the race, it will be a bearish time for crypto. For at least a few months. If Trump wins then it will be the complete opposite.
Yes the presidents in the past had little to do with bitcoins performance, however we need less regulation and not more. If we get more regulation then less people will want to get involved with crypto. Look at how difficult it is to make a exchange account due to all these regulations, people will just skip crypto all together unless the rules are relaxed and that will only happen under a Trump administration.
Yes the presidents in the past had little to do with bitcoins performance, however we need less regulation and not more. If we get more regulation then less people will want to get involved with crypto. Look at how difficult it is to make a exchange account due to all these regulations, people will just skip crypto all together unless the rules are relaxed and that will only happen under a Trump administration.
We should not assert anything until the election is over and we know who won. But I agree with you that we need less regulation or more open regulation instead of a bunch of strict rules and regulations.
It's true that bitcoin shouldn't have anything to do with politics but it's inevitable, even if we stop all discussions about it, everything will still go on as usual. Simply because it has become a part of the economy and sooner or later the government will intervene to manage it. So we can either ignore or support the candidate that is seen as less harmful to the future of bitcoin.
It's funny how politics is so involved and affects every corner of the world, yet many people think that bitcoin is immune to it. Isn't bitcoin part of the world economy? If there are no more market participants, no more money flowing into the market, will the price of bitcoin increase?
If Trump was so important for Bitcoin, this digital currency would be already dead during his government, when President Trump said Bitcoin was bad because it was harmful to Dollar currency, and he was all in for Dollar. The fact is that Trump has only an impact over Bitcoin on short run, like any other international figures of the media who tries to connect their image to Bitcoin for personal gains.
We have already seen this with Elon Musk as well, when he adopted Bitcoin as payment method for Tesla, and after a while he removed this option claiming Bitcoin was harmful to the environment. Did Bitcoin die because of that? Of course not.
Bitcoin never needed any centralized parties or figures to thrive and it's better that it remains like this for a long time yet.
We have already seen this with Elon Musk as well, when he adopted Bitcoin as payment method for Tesla, and after a while he removed this option claiming Bitcoin was harmful to the environment. Did Bitcoin die because of that? Of course not.
Bitcoin never needed any centralized parties or figures to thrive and it's better that it remains like this for a long time yet.
I still remember DT talking about Bitcoin in Twitter when he wasn't giving a s*** for it some years ago when he got elected. And now he wants to create a reserve, yes, that's where we are now. Perhaps he had not yet accumulated enough at that time.
Some candidates can boost adoption while some others slow it down, but I am of your same opinion when you say that it matters little in general as to its future.
That is called development, it changes over time the moment it flip the tides, often when people fully understand it. Regardless for politicians, i will call them "turncoat", just to get votes of the majority using it, they will do it for their own interest, unless you see a strong political will to them. Some candidates can boost adoption while some others slow it down, but I am of your same opinion when you say that it matters little in general as to its future.
I couldn't agree more. It’s wild how some people still think a single political figure can dictate the future of Bitcoin. Bitcoin has already weathered some of the most challenging periods and proven its resilience. People forget that its strength lies in being decentralized, it doesn’t bend to the whims of any one government or individual.
As we've seen in the past, no matter the political landscape, Bitcoin has persisted and even thrived. What matters is the long-term vision and the continuous growth in adoption. November 5th and 2025 will come and go, and Bitcoin will still be here, moving forward, just as it always has.
As we've seen in the past, no matter the political landscape, Bitcoin has persisted and even thrived. What matters is the long-term vision and the continuous growth in adoption. November 5th and 2025 will come and go, and Bitcoin will still be here, moving forward, just as it always has.
I will be disappointed to see another thread containing the US president, Bitcoin, and the Election because nothing will change now or later if any candidate is elected. The better we start focusing on our investments and other business because that puts food on the table and leaves the presidential candidate to do their political business.
If they get elected none of our Bitcoin value will increase not even the amount of Bitcoin in our portfolio. Their impact on Bitcoin does not have any impact on our Bitcoin. Not today, not even tomorrow.
If they get elected none of our Bitcoin value will increase not even the amount of Bitcoin in our portfolio. Their impact on Bitcoin does not have any impact on our Bitcoin. Not today, not even tomorrow.
This is a small gift to everyone bitcoin investors that still believes that if a supposed cruel presidential candidate gets to the throne of the US president it will be the end for Bitcoin, I have too many people screaming this in my ear and I am sick of it.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
There are other things to channel attentions to, rather than debating on the effect of the coming forth coming United State presidential election on Bitcoin. Truth is, Bitcoin will still survive no matter the outcome of the election.
Yesterday, someone created a thread on my local board. And the thread was about crypto adoption(in general) in different regions of the world. The research was conducted by chain analysis, and surprisingly, my country retain its position as number 2 in terms of crypto adoption in the world. A country that crypto usable has been banned by the government, still compete with others. It clearly proves that the government and Bitcoin are two different things that might not need each other, even if the government decides to turn against it.
Bitcoin adoption will continue to grow, no matter the result of the forth coming election, so we shouldn't be tied up with it.
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