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Author Topic: How will the upcoming elections affect crypto  (Read 1019 times)

Offline NotATether

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Re: How will the upcoming elections affect crypto
« Reply #30 on: November 07, 2024, 01:46:33 PM »
market will go down after the election.

Trump wins under a five percent drop for btc but a drop

Harris wins over a five percent drop for btc.

Bull run is not here.

Look for it next year.

Well I guess there's a saying that if you bet on all the outcomes then you can't lose  ;)

We got like a 5% gain in the Bitcoin price after Trump got elected.

I don't know why the market would drop if he were to be elected. It was literally being shilled on Twitter that his re-election would be good for Bitcoin (and crypto at large).

But I agree with you that the bull run either hasn't started yet, or is at the very very early stages right now.
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Re: How will the upcoming elections affect crypto
« Reply #30 on: November 07, 2024, 01:46:33 PM »

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Offline MUGNIA

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Re: How will the upcoming elections affect crypto
« Reply #31 on: November 07, 2024, 02:46:59 PM »
Don't you think Trump would do anything after he gets elected?.. After all, he is a politician and businessman, first and foremost, not a bitcoiner.

Nobody can be sure on what can be once Trump will win...now the same can be true with Harris as they are both politicians, in the first place, and will do and say anything to get the votes. Now, comparing Trump and Harris, I think it would be safe to say that Trump has more advantage compared to the current VP. Actually, both of these candidates are no Bitcoiner but I always prefer someone who can articulate clearly his/her stand on the industry and the things he/she is planning to do. Harris came in too late on the game when she realized that the industry has some pull or influence on voters too. And only Trump promised to let go of Gary Gensler and to put someone in SEC that is not at war with the industry, obviously not implementing regulations by lawfare.
It's true that no one knows what the future holds, like right now the value of crypto is all green and we don't know until when, because it's no secret that someone who previously promised a-b-c and after the promise is fulfilled is forgotten, without political reasons it's hard to predict, just like the price of crypto which is sometimes red and sometimes green

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Re: How will the upcoming elections affect crypto
« Reply #31 on: November 07, 2024, 02:46:59 PM »

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Offline albon

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Re: How will the upcoming elections affect crypto
« Reply #32 on: November 07, 2024, 03:30:20 PM »
Joe biden and donald trump have conflicting views on the cryptocurrency of bitcoin. While biden has cracked down on various crypto companies but trump has vowed to make the us the world bitcoin superpower. Since donald trump election victory the crypto currency prices have been steadily increasing. Earlier, donald trump had promised to give special direction to crypto-currencies after he came to power. Moreover, during the election campaign trump promised to make the united states the center of bitcoin and cryptocurrency. Due to which many investors are rushing to invest. Meanwhile, the price of bitcoin has registered a new record.

Offline densus88

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Re: How will the upcoming elections affect crypto
« Reply #33 on: November 07, 2024, 05:44:06 PM »
Joe biden and donald trump have conflicting views on the cryptocurrency of bitcoin. While biden has cracked down on various crypto companies but trump has vowed to make the us the world bitcoin superpower. Since donald trump election victory the crypto currency prices have been steadily increasing. Earlier, donald trump had promised to give special direction to crypto-currencies after he came to power. Moreover, during the election campaign trump promised to make the united states the center of bitcoin and cryptocurrency. Due to which many investors are rushing to invest. Meanwhile, the price of bitcoin has registered a new record.
honestly i don't like joe biden because as a crypto lover i feel biden has hindered the progress of crypto in the US. and currently i really support trump winning the presidential election this time, because we have seen evidence that trump's victory has had a positive impact on the crypto market.
although we don't know yet whether trump will fulfill his promise to make the US the center of bitcoin and crypto, we'll just have to wait and see
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Offline pieppiep

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Re: How will the upcoming elections affect crypto
« Reply #34 on: November 08, 2024, 11:51:22 AM »
Joe biden and donald trump have conflicting views on the cryptocurrency of bitcoin. While biden has cracked down on various crypto companies but trump has vowed to make the us the world bitcoin superpower. Since donald trump election victory the crypto currency prices have been steadily increasing. Earlier, donald trump had promised to give special direction to crypto-currencies after he came to power. Moreover, during the election campaign trump promised to make the united states the center of bitcoin and cryptocurrency. Due to which many investors are rushing to invest. Meanwhile, the price of bitcoin has registered a new record.
Indeed, the differences in Joe Biden and Donald Trump’s policies on bitcoin have had a mammoth influence in the crypto market. In contrast, under the Biden administration, most crypto firms have been exposed to rigorous regulation, something we never saw under Trump’s administration that promised to turn America into the global hub for crypto business. Especially after Trump was elected, an astoundingly high increase in BTC prices signified a rise in investor confidence due to Trump’s words about paying particular attention to this sphere. Further, Trump in his campaign also declared that the United States is to remain at the forefront of the crypto sector which caught a lot of interest from investors. Thus, it is now fixing a new high in tandem with optimism and great prospects in the future.

 

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