Post
Topic
Board Bitcoin Discussion
Re: Bitcoin soars to two-week high after Trump attack
by
justdimin
on 19/07/2024, 13:36:33 UTC
Bitcoin surged to a two-week high on Monday after the attempted assassination of U.S. presidential candidate Donald Trump raised the odds of the former president, who has presented himself as a champion of cryptocurrency, winning the upcoming election.

https://www.reuters.com/technology/bitcoin-soars-two-week-high-after-trump-attack-2024-07-15/

when he was president the first time. the IRS started making all those rules about how you had to pay taxes even if you didn't convert it to fiat. so his history is that he hasn't done anything to help people using crypto, bitcoin in particular. he's just sat by and let the IRS make all these rules. rules that hurt people using bitcoin.

i think he had his chance once and he dropped the ball. i don't know why he deserves a second chance.
To be fair 64k isn't that "high" if you ask me, not bad neither but not that high and not that crazy. We need to make sure that we know what we are doing if we are talking about any highs or so. If you tell people that it is at 2 week high, they are going to think that it already got up and that's it.

But, we need to remember it is also very much lower than what we had a month or so ago as well, we were at all time high just this year, being like 73k or even 75k should not be impossible for us. It means that it is going to cause a lot of trouble for people who miss out and not buy it because they think it's already high. It is still time to buy and we should still consider buying some, it will benefit us and will not make it that terrible for anyone to hold some.