Quote from: Dunamisx on March 31, 2025, 04:34:21 PM

Quote from: Oshosondy on March 31, 2025, 10:38:56 AM

Bitcoin has been following United States stocks in trends like never before. During the election, Trump helped bitcoin to increase but the tariff he is imposing on other countries makes the United States stocks to suffer while bitcoin is part of the assets that was affected.

First of all, i see bitcoin as such that have rendered much of help to Trump during the election than what he has done to bitcoin, there's no any significant benefits we are getting form all these political era with bitcoin influence, i wont say that the reason for the bitcoin market not to have emerged back above $100,000 of recent was because of the tariff plan increase on Mexico and Canada, because the economy on bitcoin market demands does not rely on the general centralized economy and role of inflation on it, instead i believe its something we can look more widely as beyond the that and focuses more about the bitcoin network itself, having most influence on it market price.

The crypto community in general and bitcoin in particular are not large enough to have a strong impact on the US election and be a factor in helping him win. The community expressed support for him, but in reality, not many people could vote for him because most were not US citizens.

What Trump doesn't do for the crypto industry? He pardoned Ross Ulbricht, reversed some of the previous administration's harsh policies on cryptocurrencies, and created a crypto reserve...isn't that enough?

I have a feeling those trying to blame him don't care about the future of bitcoin or the crypto industry, the only thing they care about is the short term price of bitcoin and they complain because their bitcoin bags aren't making any profit.

When it comes to investing, financial markets, the only thing that makes them work and increase in value is cash flow, so it would be incorrect to say that bitcoin is independent of the world economy.