Post
Topic
Board Bitcoin Discussion
Re: Some people are thankful to Trump for Bitcoin's price boom.
by
madnessteat
on 16/05/2025, 12:47:16 UTC
Yeah provably it will happen know Bitcoin will always have this strong movement and demand continues to rise up even if they are out in the picture. But it will take few more years before it happen since usually we see a high bearish movement when there's a halving happening. But we can see that Trumps presence especially their creation of Bitcoin reserve make those things more faster and we see Bitcoin reach at $100k more faster.

Although it happen due to their help people still should not forget that these people is a total manipulator and better for them not to believe on all statement they release since if they can make Bitcoin pump they can also make Bitcoin dump especially if they already get what they want from it and want to eliminate Bitcoin for whatever reason they have.

No, the Bitcoin reserve has nothing to do with it, it even played a disservice to Bitcoin, because no action followed the signing of the reserve decree, they did not start buying Bitcoin and everything is in an uncertain state, when they do not even know how they will replenish this reserve, except for confiscations, which seems to have affected Bitcoin more negatively than positively at the time of signing the decree. These are all manipulations that Bitcoin constantly faces, but despite this, it still continues to grow.

Yes, in my opinion, the idea of creating a strategic reserve in Bitcoin and altcoins was aimed at drawing the attention of crypto enthusiasts to Trump's policies. Many crypto enthusiasts even at first realized that the creation of such a reserve is impossible without the approval of several government agencies for which cryptocurrencies are inherently a competitor to national currencies. Expecting these agencies to support such volatile assets as Bitcoin, and even more so altcoins, seems very foolish.