Will crypto's latest surge significantly increase of Donald Trump wins election?

[sampoerna]

Well, many people predict this because it is related to several points of the plan and vision and mission that he brought. It's just that if he loses, will cryptocurrency collapse under his opponent, namely Harris? I don't know, no one can guarantee it. But of course, when someone has given his vision and mission related to crypto, of course he wants to get more sympathizers from these crypto activists which will allow him to get much bigger votes. That must be his hope.

But for those of us who are not domiciled in that country, we can only hope that it will really help increase the electability of crypto and make crypto more accepted in the global world. And of course, it will make the crypto market increase significantly. Is it possible? Just think of it as very possible

[Baofeng]

Well if that's what he said, and he wins, then hopefully he can stick with that and make Bitcoin "great again". And as what I have said before, it could be the catalyst for this cycle's bull run.

So it's really going to be big for us if he wins. But if Kamala, maybe we will still be in the bull run, but it might not be big as what we expect. So let's see, just a couple of days from now, we've seen the price almost touch a new all time high.

[LogitechMouse]

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In his vow to the US people he said he'll make the country the “crypto capital of the planet and the Bitcoin superpower of the world." so if he succeeds to win the presidential election, do you think it'll significantly increase the price of Bitcoin and cryptocurrency in general??

In the world of politics, vows are pretty much useless. Promises are being made just to lure those voters to vote for them. You're voting, and I know that you're aware of the tactics these politicians are using, right?

I'm not saying that Trump (if he wins) will not fulfill what he said, but we have this kind of stigma where most of the politicians doesn't do what they promised to the people but they're doing what knows is better. If I were you, I'll take what he said with a grain of salt only. Now with regards to cryptocurrency and if he wins. We will see a short-term effect towards the cryptocurrency regardless of the result of the US election. We are talking about arguably the most powerful country right now, and having the highest position surely has an effect towards all the markets existing.

[nakmantu99]

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In his vow to the US people he said he'll make the country the “crypto capital of the planet and the Bitcoin superpower of the world." so if he succeeds to win the presidential election, do you think it'll significantly increase the price of Bitcoin and cryptocurrency in general??

In the world of politics, vows are pretty much useless. Promises are being made just to lure those voters to vote for them. You're voting, and I know that you're aware of the tactics these politicians are using, right?

I'm not saying that Trump (if he wins) will not fulfill what he said, but we have this kind of stigma where most of the politicians doesn't do what they promised to the people but they're doing what knows is better. If I were you, I'll take what he said with a grain of salt only. Now with regards to cryptocurrency and if he wins. We will see a short-term effect towards the cryptocurrency regardless of the result of the US election. We are talking about arguably the most powerful country right now, and having the highest position surely has an effect towards all the markets existing.

A politician's promise is usually broken when they have gotten what they want by winning the election. That's what we usually see in our lives, because nothing is certain in a politician's words, everything can change according to their interests. But I hope Trump wins and fulfills his promise to support bitcoin and crypto.

[malah]

A politician's promise is usually broken when they have gotten what they want by winning the election. That's what we usually see in our lives, because nothing is certain in a politician's words, everything can change according to their interests. But I hope Trump wins and fulfills his promise to support bitcoin and crypto.

With stronger public control we can record virtually every political promise through the usual tactics of transparency and supporting consistent policies. Letting information be as open as possible enables us to track changes and see that whatever choices are made are for the benefit of everyone, including in the use of bitcoin and crypto. Through vote,scrutiny and voicing our opinions the things that has been pledged can be achieved or delivered.

[Rruchi man]

...do you think it'll significantly increase the price of Bitcoin and cryptocurrency in general??

During the campaigns, he positioned himself properly as someone who would support cryptocurrency, so if he wins, there is the possibility of bitcoin to have more investors because people know the incoming government will be in favour, or rather expect them to be in favour of cryptocurrency because politicians can move funny, avoid campaign promises after they have been elected. Regardless if Trump wins the value of bitcoin could appreciate.

[Findingnemo]

There might be a bump in the prices in the short term because it's very major even though we can't trust the politicians 100% still people will be carried away by the emotions. But in the long run, things are irrelevant so either if the price bumps or dumps I won't change any of the strategies and hope others don't mistake of panic selling if things go south.

[Cryptsafe]

so if he succeeds to win the presidential election, do you think it'll significantly increase the price of Bitcoin and cryptocurrency in general??

yes i am pretty sure some are buying more bitcoin in preparation of trump winning maybe those americans who did not know about bitcoin before are now buying as well but it is hard to say if it will be enough of a push to let bitcoin reach $80k or even $100k

we might see some downward movement if harris wins but like i always said not to a worrying amount bitcoin will be fine either way whoever wins but no point in denying that there could be some impact on the market

I strongly believe He would win this election looking at everything in play as Americans have started pushing in for him. So far, during his campaigns, he has been vocal about cryptocurrency and bitcoin to be precise. Many people who were not in support of bitcoin are beginning to see the good side of it and I also think many investors have taken their position waiting for his victory to be announced. Although bitcoin is not dependent of all these, but I just feel it would boost the price up  if he wins the election and there would likely be a huge buy pressure since the government in support of bitcoin is in power. That thought alone would make the demand high while investors would be buying more bitcoin. Irrespective of all these, bitcoin is not dependent on them for a growth or boost but if it happens that they are a factor, that would be okay and it would be a win win situation for all.

[bitterguy28]

There might be a bump in the prices in the short term because it's very major even though we can't trust the politicians 100% still people will be carried away by the emotions. But in the long run, things are irrelevant so either if the price bumps or dumps I won't change any of the strategies and hope others don't mistake of panic selling if things go south.

i feel like many people are expecting trump to totally turn the crypto industry upside down (for the better) i have seen claims that bitcoin will reach $200k once trump is elected but the thing is no matter what trump has promised and even if he wins and creates policies we can't be for sure still when can bitcoin reach $200k

trump will not be the reason why bitcoin will reach that price he is not the creator of bitcoin nor the master of it i doubt he even used it before the campaign so let us just manage our expectations and prepare to do something once an opportunity presents itself

[hugeblack]

i feel like many people are expecting trump to totally turn the crypto industry upside down (for the better) i have seen claims that bitcoin will reach $200k once trump is elected but the thing is no matter what trump has promised and even if he wins and creates policies we can't be for sure still when can bitcoin reach $200k

This is how price pumping works, 4 years ago many believed that the price of Bitcoin would exceed $100,000 due to the S2F scheme and today they believe that it will reach $200,000 due to Trump’s victory and then the whales play on the news to rush in more liquidity and suddenly the price correction begins.

[rby]

...do you think it'll significantly increase the price of Bitcoin and cryptocurrency in general??

During the campaigns, he positioned himself properly as someone who would support cryptocurrency, so if he wins, there is the possibility of bitcoin to have more investors because people know the incoming government will be in favour, or rather expect them to be in favour of cryptocurrency because politicians can move funny, avoid campaign promises after they have been elected. Regardless if Trump wins the value of bitcoin could appreciate.

"...because politicians can move funny, avoid campaign promises after they have been elected..." I think this statement of yours isn't applicable to politicians from all parts of the world. In the United States, politicians are held accountable by their words are always reminded of their campaign promises when they finally assume office.
Donald Trump I know have his own short comings as a politician but when it comes to his campaign promises, he's proven in the past that it's natural for him to fulfill them. If he succeeds to win  the presidential elections then I think it'll help attract big investors to Bitcoin and cryptocurrency community in general because it'll help convince the yet-to-be convinced investors that cryptocurrency is the present and future the financial institution.

[JoyMarsha]

I don't understand the understanding of others who seem to want to release that when Trump wins the presidency, the price of bitcoin will suddenly increase in the market. The question is, what will be the reason for lifting specifically? That's what others can't determine.

It's not because Trump is a bitcoin supporter that the price of bitcoin will immediately rise; I don't think that is the case, according to what I know.

First of all you need to realize that one of the major tools that drives the price of Bitcoin, either uptrend or downtrend is news, when there’s a positive news about Bitcoin, investors tend to feel optimistic about Bitcoin and thereby have a positive attitude towards it, and if this attitude manages to circulate, it’ll enable a lot of investors to buy more Bitcoin with hopes of expecting an uptrend and when more people buys Bitcoin, Bitcoin price would automatically increase overtime.

Now if Donald Trump wins the election, according to the news circulating, that Trump intends to Open a Bitcoin National reserve for the United States, and if truly that’s true, that means it’ll surely cause an increase to the price of Bitcoin since it’ll involve more people cueing to buy more Bitcoin.

You are correct. What pushes the Bitcoin price to increase or decrease depends on the kind of news it is. If it is positive, expect an increase in the price of Bitcoin. If it is negative, expect the Bitcoin price to decline. Since Donald Trump has been vocal about Bitcoin. If he wins we are going to expect a surge in Bitcoin price. If Harris wins, we won't expect any much surge in Bitcoin price.

However, whether Bitcoin skyrockets to $80k or not before the end of the year depends on who's to be the next US president by tomorrow. If Trump becomes the president, I am hoping for a $80k price. But Harris becomes the president, Bitcoin will continue to fluctuate between 66k-$73k before the end of this year.

What I stated above, are my assumptions. Not 100% assured whether it will happen as predicted

[densus88]

I don't understand the understanding of others who seem to want to release that when Trump wins the presidency, the price of bitcoin will suddenly increase in the market. The question is, what will be the reason for lifting specifically? That's what others can't determine.

It's not because Trump is a bitcoin supporter that the price of bitcoin will immediately rise; I don't think that is the case, according to what I know.

First of all you need to realize that one of the major tools that drives the price of Bitcoin, either uptrend or downtrend is news, when there’s a positive news about Bitcoin, investors tend to feel optimistic about Bitcoin and thereby have a positive attitude towards it, and if this attitude manages to circulate, it’ll enable a lot of investors to buy more Bitcoin with hopes of expecting an uptrend and when more people buys Bitcoin, Bitcoin price would automatically increase overtime.

Now if Donald Trump wins the election, according to the news circulating, that Trump intends to Open a Bitcoin National reserve for the United States, and if truly that’s true, that means it’ll surely cause an increase to the price of Bitcoin since it’ll involve more people cueing to buy more Bitcoin.

You are correct. What pushes the Bitcoin price to increase or decrease depends on the kind of news it is. If it is positive, expect an increase in the price of Bitcoin. If it is negative, expect the Bitcoin price to decline. Since Donald Trump has been vocal about Bitcoin. If he wins we are going to expect a surge in Bitcoin price. If Harris wins, we won't expect any much surge in Bitcoin price.

However, whether Bitcoin skyrockets to $80k or not before the end of the year depends on who's to be the next US president by tomorrow. If Trump becomes the president, I am hoping for a $80k price. But Harris becomes the president, Bitcoin will continue to fluctuate between 66k-$73k before the end of this year.

What I stated above, are my assumptions. Not 100% assured whether it will happen as predicted

Your assumption is similar to what I think. because if kama la wins, bitcoin will likely experience a correction because kamala does not support bitcoin. but if trump wins, bitcoin prices will likely touch more than $80K by the end of this year and bitcoin prices of $100K will be easy to reach next year. At this time the news seems to refer to the US presidential election.

[sampoerna]

You are correct. What pushes the Bitcoin price to increase or decrease depends on the kind of news it is. If it is positive, expect an increase in the price of Bitcoin. If it is negative, expect the Bitcoin price to decline. Since Donald Trump has been vocal about Bitcoin. If he wins we are going to expect a surge in Bitcoin price. If Harris wins, we won't expect any much surge in Bitcoin price.

However, whether Bitcoin skyrockets to $80k or not before the end of the year depends on who's to be the next US president by tomorrow. If Trump becomes the president, I am hoping for a $80k price. But Harris becomes the president, Bitcoin will continue to fluctuate between 66k-$73k before the end of this year.

What I stated above, are my assumptions. Not 100% assured whether it will happen as predicted

Yes, The US President Election is one of the news that is in the development of Bitcoin prices, this is a big news. Trump is a businessman, and many people believe in his chapter in the world of Crypto, far more significant than his opponent Harris. For this reason, this news spreads that that if Trump wins then this becomes one of the fundamentals of news that will be positive on the Crypto trend. Whether later it will be really good or not, but at least the positive trend lays on Trump vote.

At present the election is still ongoing, so the market conditions are also very volatile. Market Seems to be decreasing, how long ago it was far more, but now it seems like it has started to rise again even though it hasn't been signed. Yes, up and down this crypto price is really determined by this big election news. I really hope that btc will surge more than $ 85k or more up to the end of this year.

[Dr.Bitcoin_Strange]

You are correct. What pushes the Bitcoin price to increase or decrease depends on the kind of news it is. If it is positive, expect an increase in the price of Bitcoin. If it is negative, expect the Bitcoin price to decline. Since Donald Trump has been vocal about Bitcoin. If he wins we are going to expect a surge in Bitcoin price. If Harris wins, we won't expect any much surge in Bitcoin price.

However, whether Bitcoin skyrockets to $80k or not before the end of the year depends on who's to be the next US president by tomorrow. If Trump becomes the president, I am hoping for a $80k price. But Harris becomes the president, Bitcoin will continue to fluctuate between 66k-$73k before the end of this year.

What I stated above, are my assumptions. Not 100% assured whether it will happen as predicted

I believe majority of the crypto community are pleased with the outcome of the election results today as this implies that Bitcoin price may continue to surge, if you observed the chart from yesterday till now, you’ll notice there was a dramatic response in the price of Bitcoin amidst the optimism of investors who believed that Trump had already won the election and I believe they’re not disappointed with the outcome so far.

Now we need to carefully observe the market while having high hopes and expectations, your analysis and assumptions are not incorrect at all, but like we already know, the market is totally unpredictable and should approached with extreme caution so as to avoid jumping into conclusions and making decisions and then getting a reversed response