Trump effect on Eth and BTC vs Gold

[yhiaali3]

Thank you for this nice comparison and good effort.

Yes, this is true, so far we have only seen promises of a rise and we have not seen any rise in the Trump era. It is true that only a month has passed since Trump took office, but Bitcoin was supposed to witness a strong upward push at this particular stage, but on the contrary, we are still noticing the decline.

But I believe that this 300 billion that was drained went to Meme Trump and Melania and not to gold.

[bhadz]

Recently, gold has some correction as well. But this is a good analysis philip for looking at BTC and ETH when Trump sits down. But I won't also deny that he did helped Bitcoin reaching $100k+ and with the newest ATH that we got in. I think that there is gotta be more to that for the rest of this year but we have to be patient before anything else because many of us still hopes that it will get to $120k - $150k.

[Mia Chloe]

He also promised to lower inflation, the price of eggs, the price of gas stop immigration, and have China pay for everything.
Have you checked how many of his promises have been forgotten?
How do you people keep falling for  this conman's promises?

The basic goal of any contesting party in an election especially one as big as a presidential seat in the US is actually to win so you should not be very surprised that they may actually make moves and statements that they may not really mean or may end up not fulfilling to make the people choose them.

Sometimes even in cases where they actually intend to fulfill all their promises, they may not be able to fix everything as fast as you expect and it may feel like empty promises during those periods.

[Sim_card]

In facts, this is the reason many crypto enthusiast are anticipating for a bull run.

I am one of those many who are still anticipating a bigger bull run to come and of course the altseason to hit the market. As for Bitcoin, I think we are already experiencing a good level of bullishness ever since the prospect of Trump back to the White House...and I don't credit that to Biden/Harris regime even if the timeline started occurring during the man's lame duck and waning watch - in fact there is no Biden Effect whatsoever. Now, the question in my mind is whether there can be more OR it is whatever already it is. Seems to me that nobody can really give us some definite answers as we know that there are differing analysis on this spewed by "experts" and if you listen to them you will only end up more confused. In the end, only time can really tell what can be.

Tom i do not know the future in fact I can not tell 30 seconds from now.

I FOUND IT STUNNING that the high was under Biden.

I DO NOT credit either one for big help to BTC or ETH. But I did not think Both BTC and ETH would suffer under Trump while gold and silver would gain bigly.

Gold and Silver are up about 10% while BTC and ETH are down at least 12 to 15%.

I hope we do pick up maybe In the fall.

I understand what you are spotting out, which in summary means that currently, Trump government is  in favor of gold, whereas, he claims to help the cryptospace grow during his tenure. Let's not rush to conclude but relax and watch if his actions will have good impact on bitcoin price in the long run. However, nobody can control bitcoin growth.

[enwi]

I understand what you are spotting out, which in summary means that currently, Trump government is  in favor of gold, whereas, he claims to help the cryptospace grow during his tenure. Let's not rush to conclude but relax and watch if his actions will have good impact on bitcoin price in the long run. However, nobody can control bitcoin growth.

Bitcoin has its characteristics and is changeful in terms of policies and decisions made around the world. Thus, observing its value, it is possible to focus on numerous economic and political aspects, which greatly affect the growth, but at the same time, its primary position is based on the liberty and decentralisation. We cannot afford to carry a biassed attitude when observing each development, which implies that we should not make haste in drawing conclusions. Anyway, the market always knows how to find a way to respond to the circumstances that prevail. They both helped in the understanding that to be informed is to be ready and that it is impossible to get caught off guard if one is calm while responding. The most important is, how all these things are met with calmness and more importantly, prepare for the next steps.

[Bobcrypto]

Honestly, the crypto economy has experienced huge benefits on this regime especially the price of Bitcoin, and it has also given a big boost and confidence of investors, market makers, traders, others  in my opinion.
In facts, despite the current side ways movements of Bitcoin for a long period, there is rising hopes that Donald Trump regime will increase crypto adoptions and awareness which will in turn increase demands overtimes. I think Bitcoin will touch $150k before the end of 2025.

[Celph]

If you ask me the whole thing is basically a two-sided stuff and that's because if you can remember clearly before Trump was elected as president of the United States he actually made promises that his inauguration will improve crypto prices especially Bitcoin and that was what seem to happen shortly after he won the election.

With respect to this there is also a very high chance that all what is happening now is basically just a pullback that should be expected since the pump was way fast.

   Well i think that these promises politicians make are not necessarily meant to be put into mind or beared in the heart. I’m not doubting how trump might be able to influence the crypto world positively but are all this words meant to be taken to heart?
  If theres one thing ive learnt about politics is that politicians who wish to acquire certain positions use these promises as a wand to gain the enticement and insensitive of those they need to maybe vote for them or something else.Thats how basically the human nature is ,we always want to be pleased.Pleased by people around us and the everywhere..
    I have said this before that assuming Kamala harris spoke on working on crypto in the financial markets and greatly influencing its worth instead of trump, she might have had a chance of winning too.lets say she also bought the burgers with bitcoins, who says she hasn't gained the insentiment of crypto investors? She would yave certainly.
    I’m not necessarily doubting the positive effect trump administration might have in the crypto world but saying it is one thing and putting it into action is another too.

[Faisal2202]

I have not heard of any news suggesting that Binance is about to break up, if you have such news links, you can share it on the forum. Moreover, BNB is a great project, and a native token of the largest exchange in the world by trading volumes.
XRP has greatly improve in recent time, the Ripple CEO was with President Donald Trump few weeks ago, though his discussion with the president was not known but the meeting positively helped Xrp to pump massively.

Sorry I meant to say BNB not binance it's just BNB is the utility token from BSC network, and I relate it to mostly Binance but sorry for that, BNB is breaking because in my sight it already made a good ATH recently and now it is not showing any positive uptrend but still the last time it pumped it did not showed any then but still pumped so finger are crossed, therefore I am not that bullish on it.

I also saw the pictures of the lawyers of XRP with Trump which was something bullish and I had a plan to pick XRP from the dump around 2.1$ and I could pick it up but it had other plans and it crossed $3 well now I don't want to buy it instead I am trying to accumulate ADA but failing due to capital deficiency haha.

[Mia Chloe]

Well i think that these promises politicians make are not necessarily meant to be put into mind or beared in the heart. I’m not doubting how trump might be able to influence the crypto world positively but are all this words meant to be taken to heart?

There are many factors to actually be considered when talking about promises politicians make during their campaigns. Sometimes they may not be able to achieve all what they promised during for example a short term of say 4 years like some countries do practice.

Sorry I meant to say BNB not binance it's just BNB is the utility token from BSC network, and I relate it to mostly Binance but sorry for that, BNB is breaking because in my sight it already made a good ATH recently and now it is not showing any positive uptrend but still the last time it pumped it did not showed any then but still pumped so finger are crossed, therefore I am not that bullish on it.

BNB seems more like a stuck network. I don't check charts too frequently these days probably because of my busy schedule recently but most times the coin doesn't seem to be making big moves like other altcoins like Solana.

[Stompix]

He also promised to lower inflation, the price of eggs, the price of gas stop immigration, and have China pay for everything.
Have you checked how many of his promises have been forgotten?
How do you people keep falling for  this conman's promises?

The basic goal of any contesting party in an election especially one as big as a presidential seat in the US is actually to win so you should not be very surprised that they may actually make moves and statements that they may not really mean or may end up not fulfilling to make the people choose them.

So you acknowledge that he lied! Simple as this!
He promised things he was not able or doesn't care about, now why would he keep his promises about crypto?

In facts, despite the current side ways movements of Bitcoin for a long period, there is rising hopes that Donald Trump regime will increase crypto adoptions and awareness which will in turn increase demands overtimes.

Rising hopes? From the guy that is taking a shit on all his promises?
In what world do you live, in the Reverso universe?

[Mia Chloe]

So you acknowledge that he lied! Simple as this!
He promised things he was not able or doesn't care about, now why would he keep his promises about crypto?

It what it is... Basically my base point is you should have a more resistant approach to most political declarations during campaigns especially. that's because the more you believe in them the more likely you tend to get hit emotionally when they eventually don't fulfil any of their promises or they make you feel you were used to place them there.

Politics is quite odd and you basically just have to be less emotional about it.

[Bobcrypto]

So you acknowledge that he lied! Simple as this!
He promised things he was not able or doesn't care about, now why would he keep his promises about crypto?

It what it is... Basically my base point is you should have a more resistant approach to most political declarations during campaigns especially. that's because the more you believe in them the more likely you tend to get hit emotionally when they eventually don't fulfil any of their promises or they make you feel you were used to place them there.

Politics is quite odd and you basically just have to be less emotional about it.

Yeah, your points is right, not everything that politicians say should be taken seriously, and some of their promises may not be implement through out their tenure.
It is not advisable to believe all that the politicians say during campaigns because once they are elected, many things will definitely change, or there could be a personal change of mind about they promised probably because of too many interest due to pressure, and oppositions influence overtimes.
In facts, most politicians are found of making all manner of promises but end up doing nothing once elected. To avoid being emotionally carried away by politicians, it is better to avoid listening to them.