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Topic: Bitcoin 2017 success because of TRUMP ? (Read 163 times)

member
Activity: 350
Merit: 10
January 05, 2018, 04:50:33 PM
#4
How big is the Trump influence? Political bias aside, facts are Trump was cutting a lot of regulations, now the taxes in the US get lowered, companies already are investing more, paying bonuses, open factories again in the US, the stock market has never in its past gained so much as under Trump. Is there a link maybe to Bitcoin too? It was the year of the Trump presidency after all that Bitcoin skyrocketed and went from $900 to $20000. It cannot really be just a coincidence?

Not saying Trump has any relation to Bitcoin, I think he dont. But he gave the market confidence into the truth always winning in the end? So crypto winning against banks despite establishment/deep state/corruption/fake news who always hate on bitcoin?

Especially the fake news part seems huge, i mean they all said clinton would win lol... Same for bitcoin, the papers all say its a bubble

For 2018 IXcoin will go x500 mark my words.

Will that happen? If that is true then trump will buy a bunch of bitcoin and we know he can afford that but is he really that fond on digital currency? Maybe what you say is true but is there any proof that trump will invest in a market that is only digital and risky. If that is true then we will really have a prosperous year in 2018.
full member
Activity: 602
Merit: 100
January 05, 2018, 04:46:25 PM
#3
I do not think that the growth of bitcoin is connected with Trump. Bitcoin is primarily a technology under the guise of a HYIP and a bubble. Only interested people understand the true purpose of crypto currency. Wink
hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
January 05, 2018, 04:37:55 PM
#2
Especially the fake news part seems huge, i mean they all said clinton would win lol
They reported about polling which suggested Clinton would win, and made a prediction - that's a far cry from "fake news", which would be implying that there's a 100% chance that Clinton would win regardless of circumstances and treating the news piece as fact rather than as opinion.

Similarly, suggesting that Bitcoin is a bubble is certainly subjective and could be true, so I wouldn't call it fake news at all.

It cannot really be just a coincidence?
Well I'd say that it's at least partially coincidence - after all, those factors you mentioned would probably affect the price of Bitcoin, but not to the extent that it's risen over the past year or so.  It could of course be entirely coincidence, just like the many completely unrelated things that happened at the same time as Bitcoin's price rise, but I suppose it most likely had at least some effect.

Still, Bitcoin probably has a very high amount of amateur investors relative to the stock market, and a lot of investors that attempt to bypass regulations, so they're probably less affected by changes in taxes than stock market investors.

newbie
Activity: 14
Merit: 0
January 05, 2018, 02:49:12 PM
#1
How big is the Trump influence? Political bias aside, facts are Trump was cutting a lot of regulations, now the taxes in the US get lowered, companies already are investing more, paying bonuses, open factories again in the US, the stock market has never in its past gained so much as under Trump. Is there a link maybe to Bitcoin too? It was the year of the Trump presidency after all that Bitcoin skyrocketed and went from $900 to $20000. It cannot really be just a coincidence?

Not saying Trump has any relation to Bitcoin, I think he dont. But he gave the market confidence into the truth always winning in the end? So crypto winning against banks despite establishment/deep state/corruption/fake news who always hate on bitcoin?

Especially the fake news part seems huge, i mean they all said clinton would win lol... Same for bitcoin, the papers all say its a bubble

For 2018 IXcoin will go x500 mark my words.
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