Trump has a better tax reduction plan than Biden which would positively affect asset prices if he won the election. He also has said that he wants to support Bitcoin mining in the USA, while Biden tries to fight it.
After surviving an assassination attempt he is more broadly loved which put him at a greater chance of winning. Overall Trump surviving assassination is positive for Bitcoin.
So? Has nothing to do with this pump
What proof do either of us have one way or the other?
Exactly, lol. Without interviewing >50% of all market participants or algos in the last 48 hrs and guaranteeing that all of them are telling the truth for their reasons to buy or sell, nobody can prove it.
Germany done selling thousands of coins a day lol
Some anon Chad could have sold just as many as the German govt today and we’d have no idea unless you’re watching the mempool lol. Next week we’ll hear the same thing about Mt Gox sell pressure being over as the reason price continues to rise. In reality nobody actually knows it’s hard to quantify. All we can do is make educated guesses with the little info we have
I am not sold on how genuine Trump really is on being pro-bitcoin. But even if he is only neutral about it, Biden has been very anti crypto in general. Of course then again Trump did appoint Jerome Powell.
There’s no need for taxes in a fiat system, as they could just print the money. Unless one‘s value add is reallocated to someone else. Similar to mortgages, no interest or even payback required since the money for the mortgage is just created out of thin air, unless they want to endebt (enslave) you for ever….so I’m not clear why tax reduction? A little less slavery?
