Post
Topic
Board Bitcoin Discussion
Re: Trump's Bitcoin advisor David Bailey to execute $1B Bitcoin buy tomorrow
by
Ivystar5
on 15/08/2025, 09:41:11 UTC
I don't know why every thing is centered around trump, even things that obviously has nothing to do with him, just because the said person has a relationship with trump, it now automatically becomes "the united states government buying bitcoin. I didn't just get pissed with the title after looking at it I'm also pissed with the type of thread op creates, I've visited his profile few times some threads are just naturally annoying. however we wouldn't blame some people for the reaction to the thread without a good examination of what they are talking about it's a struggle to do what they know how to do best.
The article is poorly written and has some conflicting views. It is assumed by some people in the crypto space that it was Trump's involvement in crypto that made the price to go high this year. So any news that is connected to him gets attention. These writers are now using the US president's name as clickbait. They fail to understand that Bitcoin has hit several ATHs without the involvement of any politician. It's good to see a firm accumulating Bitcoin and hoping that more will come onboard. 
The major issue I had with the article was the fact that it pointed at the buying to be a significant purchase that should pump the bitcoin because the purchaser has some kind of relationship with trump, approximating it that trump himself had a hand in bitcoin purchase yet there was no pump days ago after the purchase.

Now, for most bitcoin pump is tied to a news whereas bitcoin has been doing just fine without any of that and forgetting the fact that bitcoin would only make a move at its own time even the news pumps are always temporary.