Now Trump could turn off Bitcoin's price like a light switch because so much is riding on his personal whims.
Sure. He could try, and maybe he would be successful, depending on whatever policy that he announces or action that he takes. But so what?
It's just a crazy state of the world, that's all. Bitcoin started off as a means of thwarting government control over transactions, and now it's a football in US politics that will live and die by whatever political winds are blowing here.
Yeah, sure, of course, there is a bit of a crazy state of the world, yet your conclusion that bitcoin lives/dies based on US politics is fucking retarded and not even close to being any kind of accurate assessment of some kind of a realistic scenario that might end up playing out, merely because we agree that we are in a bit of a "crazy state of our world." You cannot resist saying dumb ass shit? Why? What is your purpose to come to such stupid conclusions? You have no clue about what bitcoin is, or what?
I don't know if Trump still wants the strategic bitcoin reserve, but that they used the inauguration moment and the publicity to launch memecoins for him and his wife is ridiculous.
I don't find this ridiculous at all--in fact I started a whole thread here before the election
predicting this exact thing would happen.
You proclaim that you know bitcoin because you were purportedly able to predict some variation of Trump's nutjob short-term behaviors?
Repeat after me:
Bitcoin going up in price does not help Donald Trump.
Bitcoin going up in price does not help Donald Trump.
Bitcoin going up in price does not help Donald Trump.
Huh? If Trump bought a bunch of BTC, and then the price of BTC goes up, then why wouldn't that help him?
He also proclaimed some credit for what many folks are calling "the Trump pump."
So you want us to repeat something that is not necessarily true. Why? What is the purpose of your proclaiming that there is some kind of value in repeating a statement that is either untrue or ambiguous in regards to whether it is true or not? Even if you personally might believe that the mantra is true.. but then again, you have already shown, on repeated occasions that you seem to live in a bit of a fantasy land, to the extent that you actually believe any of the bullshit that you continue to propagate.
Therefore, Donald Trump is not going care if Bitcoin goes down, and if his people figure out a way to make him billions and it screws over Bitcoin, then that's what will happen.
Ok.. .you start out from a likely wrong premise, yet you might have a somewhat correct conclusion that Trump would like to make a lot of money, yet it seems that he also might perceive bitcoin as a way to make him a lot of money, whether he is pumping it or if he gets on the other side of the trade and tries to dump it.. He might also figure out some ways to try to bet both price directions at the same time, yet in the end, as an individual, I doubt that the scumminess or even bad motives of Trump should largely affect the choices of most bitcoiners who already have bitcoin, and even the low coiners and no coiners may well also want to get a stake in bitcoin or to continue to build their stake in bitcoin in spite of various bad motives that Trump may or may not have (or even if they presume Trump has bad motives, I doubt that his presumed bad motives makes a whole hell of a lot of difference in regards to the current strength of bitcoin's investment thesis).
So much optimism, yet so much so disappointment. Donald trump's is starting to look like some kind of black sheep because of what or should I say the influence of what his meme coin is doing to the market. I guess the mass crowd of people opting that the whole support for Bitcoin during his campaign was just a mirage were actually right caused I mean with this little deed his done, it's definitely clear the fellow doesn't give a damn to the interest of Bitcoin in the united states.
Trump might not give a damned about bitcoin in ways that bitcoiners want him to give a damn, yet Trump still has not abandoned various measures that may well end up being supportive and/or not hostile to bitcoin, so I doubt that his self-serving scumminess communicates that he has abandoned various measures that might either be pro bitcoin or anti-anti-bitcoin...
In other words, you (DaNNy001) seem to be jumping to overly presumptuous conclusions if you consider that the recent scamming behaviors of Trump negates anything positive (or anti-negative) that he might do in relation to bitcoin.