Trump Prepares for Bitcoin Event as Price Stands at $57,500

[Baofeng]

We've just seen another pump as it reaches $58k++ right now. Perhaps it might not be because of this news, but obviously we are going to look at the days that he will spoke on the Bitcoin event.

But not sure, and if there will be a pump, how big it will be assuming that they are going to be pro-crypto and want would his government be like if elected again and perhaps this will be tackle in the event itself.

[NotATether]

Trump speaking at a Bitcoin event?

Now that is a first. But there's always a first for everything I guess.

I wonder how the Dems will react to this. Maybe they will try to regulate crypto even more (=== hurts us) and make the price go lower.

[Z-tight]

I wonder how the Dems will react to this. Maybe they will try to regulate crypto even more (=== hurts us) and make the price go lower.

Lol, they are already hurting us with their strict regulation of BTC and strong anti-privacy moves, can they even do any worst than they have already done. I feel their reaction may be to try and court BTC and crypto, just the same Trump is aggressively doing.

[snowpega]

Lol, they are already hurting us with their strict regulation of BTC and strong anti-privacy moves, can they even do any worst than they have already done. I feel their reaction may be to try and court BTC and crypto, just the same Trump is aggressively doing.

Ahh, As Trump is taking advantage of Bitcoin and its supportive community for the current scenario so that he can be elected as president in the coming time but what I used to think is that if he gets elected as president it will be more easier for them to manipulate the market more easily. I know many people considering this as positive news for now as Donald Trump supporting Bitcoin. This news has two sides one he is supporting as according to his sentence and news.

on the other hand, another side is that what he planned for Bitcoin after coming into the power so we should think of it optimistically and once he will be elected as president then his words, his actions, and how he will treat with bitcoin will tell us how the market show us its mover even it will go upper direction or lower all depends on how Trump will treat with it after coming into power. So, dear what do you think about it?

[electronicash]

Lol, they are already hurting us with their strict regulation of BTC and strong anti-privacy moves, can they even do any worst than they have already done. I feel their reaction may be to try and court BTC and crypto, just the same Trump is aggressively doing.

Ahh, As Trump is taking advantage of Bitcoin and its supportive community for the current scenario so that he can be elected as president in the coming time but what I used to think is that if he gets elected as president it will be more easier for them to manipulate the market more easily. I know many people considering this as positive news for now as Donald Trump supporting Bitcoin. This news has two sides one he is supporting as according to his sentence and news.

on the other hand, another side is that what he planned for Bitcoin after coming into the power so we should think of it optimistically and once he will be elected as president then his words, his actions, and how he will treat with bitcoin will tell us how the market show us its mover even it will go upper direction or lower all depends on how Trump will treat with it after coming into power. So, dear what do you think about it?

Biden's administration did a lot of things that Joe doesn't understand even with the help of crypto experts. Trump understands with a little help, at least this time Trump can decide by himself unlike Joe.  if Trump doesn't fulfill his promises, i think i could already understand whats happening after all we are already expecting it that he only uses crypto community to win.

what i could see might happen actually is that Trump is going to kickstart a bigger bull market in crypto for the rest of 2024. when he learns the reaction of the Bitcoin community after this event, he will keep promoting BTC throughout the campaign.

[Bobcrypto]

This was one of the things that I feared a lot that could happen to crypto, and I am seeing more and more of it happen lately. Politicians may try to make bitcoin a political topic, when in reality bitcoin is above any candidate. The reason why it is decentralized is to make sure that we do not "need" any of these people, it doesn't matter if it is Trump or Biden, them trying to attract some voters by doing this, could be very terrible for bitcoin. The end result could be that if you have a republican president who likes it, then democrats may dislike it, or vice versa if the roles were switched. We need both republicans AND democrats, not just one side of the row.

It is very clear that Bitcoin is decentralized but I don't think politicians will be able to reverse that purpose it was intended from it's beginning. I am of the opinion that politicians new the extent of the number of people(Bitcoin community) the crypto ecosystem has been able to gathered, hence they are trying to exploit the large crypto community to win Election at all cost.
As a matter of fact, politics is about Numbers, that is,
the population that will vote. The population of the crypto community has grown to a very big level and the politicians want this numbers on their votes to win. Donald Trump and many others need this crypto population to win.

[snowpega]

<snip>
what i could see might happen actually is that Trump is going to kickstart a bigger bull market in crypto for the rest of 2024. when he learns the reaction of the Bitcoin community after this event, he will keep promoting BTC throughout the campaign.

Hmm, Good but I think we should think about it optimistically I mean we should conduct all the ending results for this by considering all scenarios, and for that, we have to think outside of the circle. As far as I know, Trump is also involved in Bitcoin right? That is the reason he is promoting it at that time so that he can earn more money after coming into the power as president.

But he also will be able to create different types of policies to regulate the crypto market and for all that we need to wait for this and we should leave it on time like what will happen next. If he will create policies in favor then the crypto market will surely go up but in case, we will not fulfill his sentences, and words and start to create policies against the crypto market then the consequences can be different than what he used to say. That is why I am saying that we should leave it on time.

I also want to see a good time in the crypto market as I am also part of it but i know that politics is a different thing than we consider it. Some days ago i was having this discussion with another user on this forum and i also saw this picture on the social media already that he shared in his post.

source --> took the image from FB

I hope all goes well after Trump comes into power Besides this there is no Hate for anyone and I am not opposing Trump and not giving any negative statement about him, I am just thinking optimistically like anything can happen according to the policies that the coming government will design for the Crypto Industry. I also respect your point of view as well if it gonna happen then we will see a big bull market very soon!

[Faisal2202]

I hope all goes well after Trump comes into power Besides this there is no Hate for anyone and I am not opposing Trump and not giving any negative statement about him, I am just thinking optimistically like anything can happen according to the policies that the coming government will design for the Crypto Industry. I also respect your point of view as well if it gonna happen then we will see a big bull market very soon!

The Bull market is confirmed to come but who knows when, many people say it's not the question of "if" but the question of "When". And I also think the market will pump as all it needs is some good hands to push it up. I always wonder what if China says they accept BTC and what If 56 countries that banned crypto or have not legalized it yet, will say they will accept BTC not as a legal tender but they will allow trading and other financial activities in it?

If it happens then we will see a big bull run and the price of BTC can touch $100k easily. But if Trump does the opposite of what he is promising then things will become messy and crypto will dump and we will see the start of the upcoming bear run. Which is obvious to come but to come it need hands too.

[Cech1337]

It’s intriguing to see former President Trump speaking at Bitcoin 2024, especially with his recent support for cryptocurrency. His endorsement of Bitcoin mining and acceptance of crypto donations contrasts with the current administration’s more restrictive stance on digital currencies. As speculation about Biden’s health and his crypto policies continues, Trump’s rising popularity and his clear crypto-friendly position could significantly impact the industry. Thanks for the update!