Post
Topic
Board Bitcoin Discussion
Re: Victory for trump is a win for bitcoin
by
mindrust
on 11/11/2024, 20:20:51 UTC
We should remember that even in the 4 years under Biden, he never spoke out in favor of crypto but we also had a bull run in 2021 and a second bull run in March this year when bitcoin ETFs were approved. So even if Trump breaks his promise, Bitcoin will still continue to grow and reach $100k, but things will be more difficult.

Agreed, Trump breaking his promises will make the market to go into a shock that'll cause the price of Bitcoin to fall but it won't be an everlasting fall as we think it'll be. We can survive without President Trumps support, we didn't need his support before but if he's now joining us because he believe in Bitcoin is good for the industry. Bitcoin has been winning and trump's victory only made Bitcoin become more victorious. Bitcoin has now increased more than $80k that most people thought, it will take up to next year before we can get to that price.

Bitcoin had a bullrun when Bitcoin ETF were approved because it brought in new money from the big investors which we call institutional investors and furthermore, trump's victory brought in new money too from both big and small investors. Bitcoin has been activated, we now have to wait for the peak of the market before taking profits.

Of course bitcoin doesn't need Trump or any other billionaire but its investors need these people desperately.

Had Kamala won the election, we probably would be discussing a very different topic right now because bitcoin would be tanking. Since Trump has won and bitcoin is mooning at the moment just like how people predicted it, everything feels great now.

Michael Saylor, Elon Musk, Donald Trump, Gemini Brothers, John McAfee (r.i.p.) these people made bitcoin what it is today price-wise.

Lots of people became financially independent lately thanks to TRUMP PUMP.