We all know President Donald Trump as a big crypto fan, as we have in mind that the policies which he will implement after his inauguration by January 20th, 2025 will be friendly enough for every crypto enthusiasts.
Do you think We should be mindful that it could bring a tight spot for some users or take us unaware of what's to come in years on the crypto industry at large?
What are your thoughts on this?
When you say "tight spot for some crypto users" I am lost on what you mean and believe this should be explained a bit.
Are you referring to crypto regulation putting some crypto users in a tight corner?
If this is what you mean, I do not think regulation will affect regular crypto users, it can only affect crypto businesses that are (maybe) not prepared for what is coming.
Yeah, talking about crypto regulations. I feel this might affect some crypto users in some regions of the world. When regulations comes in, taxation, KYC processing and maybe some other stuff.
When you say businesses that are not prepared, do you mean businesses in the crypto industry or normal businesses out the crypto community? Cause I'm sure every crypto related businesses are all prepared for what's coming next year.
So far, we are not being taken unawares, we all are already aware that kyc verification is a necessary requirement for us to transact with crypto through centralized platforms peacely without issues, and with regulation coming stronger, kyc verification may become more stricter which we all should already be aware of too.
So, I really do not see any issues arising for crypto users after Trump's inauguration, except for those who have issues with KYC verification.
Those who have issues with KYC verification are those who will probably not enjoy or participate in the up coming bull run, that will last for a considerable period of time.
Once again, the crypto ecosystem is going for an unprecedented bull run, it is going to a big surprise to many people who are skeptical about the potential of bitcoin. In facts, we may see bitcoin hitting $150k on the short term in first quarter of 2025 . I am getting ready for the Donald Trump inauguration with the aim of watching how the market will react especially on his first week in office.
The week of Donald Trump's inauguration and days after could take Bitcoin to the price mark of $150k. He has a very high pulling weight on the market when ever he speaks about crypto currency. For those who are skeptical about Bitcoin and crypto currencies, they will see the potential in the very first month of next year.
One beautiful thing about the crypto industry is that, anytime you come in, you can still take your share of the benefits available in the community. When ever a newbie joins the community, just take time to read and invest in what's trending.
i was pretty confident that trump winning the election would create a significant impact on bitcoin’s price and i was correct the only thing i wasn’t able to predict correctly is just how much of him winning the election would impact bitcoin and the answer was pretty big i didn’t expect bitcoin to soar as quickly as it did to reach $100k
so trust that we will see another rise from bitcoin next year once trump gets inaugurated and this time i won’t even know what could be the limit because bitcoin never fails to surprise me
The price of Bitcoin getting to a $100k+ is behind Trump seating as the president. He inauguration has a whole lot to affect the price of Bitcoin next year, even before he starts implementing what ever he says.
Him (President Donald Trump), nominated Howard Lutnick as Secretary of Commerce, whom both are supporters of crypto currencies. How fun more can this whole thing become.