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Author Topic: Is TRUMP controlling BTC growth?  (Read 1575 times)

Offline Fivestar4everMVP

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Re: Is TRUMP controlling BTC growth?
« Reply #45 on: April 30, 2025, 02:59:17 PM »
Is china doing much on this issue with Donald Trump and America because everybody already thought when he came back to power he will restore the order and let the nation be one, but unfortunately he is just doing the other side of peace, the painful part is that his decision is affecting BTC from $100k to $70K and i think it is currently heading to $80k and something, if you were to mean with TRUMP, what will be your advice for him on this BTC matter?
Well, we might really want to blame Trump because we currently have no one else to blame the whole back and forth decline and growth in the price of Bitcoin on, but I personally think the market is simply doing its thing, there was never a time the price of Bitcoin is supposed to be super stable like fiat, and for the market to continue to maintain its nature which is volatility, there must always be something or someone around who's actions are gonna be pushing prices back and forth, it just happened that Trump is the man everyone is looking at at this very moment.

I say this because when Trump hadn't appeared in the picture, the price of bitcoin was not stable, back and forth movement  was present, but many of us know that human beings are wired to easily forget the past and only focus on the present, while the minimum think about the future as well.
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Re: Is TRUMP controlling BTC growth?
« Reply #45 on: April 30, 2025, 02:59:17 PM »

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Offline Aanuoluwatofunmi

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Re: Is TRUMP controlling BTC growth?
« Reply #46 on: April 30, 2025, 04:55:20 PM »
From my end i will rather said we are not to blame trump because this is a decentralized digital currency we are dealing with and bitcoin cannot be centralized as we have with other coins, those investing and trading should do that in a more understanding manner that will not lead to their losses at the cause of dealing with bitcoin, even as we are all aware that the effect is more on the economic performance than we have everything happening being related to the bitcoin network, we should not be misguided by these, because not all could be traced to Trump as the market behaves.

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Re: Is TRUMP controlling BTC growth?
« Reply #46 on: April 30, 2025, 04:55:20 PM »

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Offline rby

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Re: Is TRUMP controlling BTC growth?
« Reply #47 on: April 30, 2025, 04:57:22 PM »
I believe the markets moved on from Trump a while ago. They basically peaked when he became president and that's about it. There hasn't been anything particularly interesting on that front as of late besides tariffs, and everyone knows how those are turning out with China. But you don't need to worry as Bitcoin will eventually recover from all this on its own, with little outside intervention.
Anyone who understands the Bitcoin network and how it works will know that the recent effects of Trump policies on the price of Bitcoin falls under the fundamental analysis factor and doesn't translate to Bitcoin being controlled by Donald Trump. Even Donald Trump knows that he can't control Bitcoin despite being the president of the country with the largest economy in the world. He can only influence the price with his policies and those influence wouldn't even have a lasting effect on Bitcoin. Bitcoin is decentralized and will continue to be.
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Offline Publictalk792

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Re: Is TRUMP controlling BTC growth?
« Reply #48 on: April 30, 2025, 05:02:56 PM »
Well, we might really want to blame Trump because we currently have no one else to blame the whole back and forth decline and growth in the price of Bitcoin on, but I personally think the market is simply doing its thing, there was never a time the price of Bitcoin is supposed to be super stable like fiat, and for the market to continue to maintain its nature which is volatility, there must always be something or someone around who's actions are gonna be pushing prices back and forth, it just happened that Trump is the man everyone is looking at at this very moment.

I say this because when Trump hadn't appeared in the picture, the price of bitcoin was not stable, back and forth movement  was present, but many of us know that human beings are wired to easily forget the past and only focus on the present, while the minimum think about the future as well.
It is easy to want to blame one person or thing and right now  more of people are looking at Trump words. But you are right that Bitcoin has always been like this even before Trump started talking about it. Saying that one person is only reason for price changes does not take into account all other things that affect market. Things like how many people want to buy or sell and news about rules and just how people generally feel about market all play part.

Price going up and down is mostly just market trying to find right level reacting to new information and how people ideas about Bitcoin worth are changing. While important people can definitely make price move little in short term main reasons for Bitcoin price changes are much bigger. Your point is good reminder that price going up and down much is not necessarily bad sign it is just how new and changing thing like Bitcoin naturally behaves.
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