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Topic: Bitcoin in Obama's second term? - page 2. (Read 2593 times)

sr. member
Activity: 364
Merit: 250
[#][#][#]
March 03, 2012, 03:02:40 PM
#10
i don't consider mitt romneys negative impact much better than santorums..

however, im from far away europe, i only read wikipedia entries and listen to some speeches. i don't know whos worse. but i certainly do know that any GOP (took me a long time to know what GOP stands for) candidate will do nothing good at this point..
hero member
Activity: 532
Merit: 500
March 03, 2012, 02:50:38 PM
#9
it's not going to happen. Mitt Romney will either win the nomination or it will go to a brokered convention where someone like Jeb Bush, Rand Paul, etc would step up to offer their candidacy for the republican nomination.

Santorum definitely has support among the evangelical segment of the party, but, since he has no clue about economic matters during an election where the economy is front and center, he has no shot at winning the east or west coast of this country which he would need to beat Romney at this point. Remember, the Republicans changed the nominating process this time around so that there are relatively few winner take all states. The delegates are mostly allocated relative to the vote and Romney will always take around 30% or more of the vote in every state; therefore, he gets 30% of the delegates no matter what, and with that kind of support, he cannot lose outright unless it comes down to a brokered convention which Santorum, Paul, and Gingrich can force if they all stay in the race.

..lol..ppl..

serious: i believe most of you, who are not happy with obama doing a second term underestimate the negative impact of what him not beeing relected implies.

http://en.wikipedia.org/wiki/Rick_Santorum  Shocked  Lips sealed Embarrassed Cry Huh Shocked Sad Angry

sr. member
Activity: 364
Merit: 250
[#][#][#]
March 03, 2012, 02:36:49 PM
#8
..lol..ppl..

serious: i believe most of you, who are not happy with obama doing a second term underestimate the negative impact of what him not beeing relected implies.

http://en.wikipedia.org/wiki/Rick_Santorum  Shocked  Lips sealed Embarrassed Cry Huh Shocked Sad Angry
donator
Activity: 853
Merit: 1000
March 03, 2012, 11:44:59 AM
#7
It is far from certain that Obama will win the election in November since the 'wealth effect' from the rising or falling stock market is far more important than most realize.

At the moment, Obama is barely breaking a 50% approval rating even though the stock market has been rallying for the better part of his term (his rating 'should' be a lot higher but unfortunately the market rallied without the economy this time around), now if the market tops during the next 9 months and starts heading down into the election which will inevitably pull the economy even lower then there is literally no chance that Obama will win even if the Republicans pick the worst possible candidate since investors will blame Obama for the market crashing and killing their retirement funds along with your everyday Joe who will blame Obama because they lost their job...again. And, the best part of this mentality is that the president has little control over where the market or economy head...take it from Bush.  Wink

-waveaddict

Glad to see some fellow Socionomists here Smiley
hero member
Activity: 532
Merit: 500
March 03, 2012, 11:36:28 AM
#6
It is far from certain that Obama will win the election in November since the 'wealth effect' from the rising or falling stock market is far more important than most realize.

At the moment, Obama is barely breaking a 50% approval rating even though the stock market has been rallying for the better part of his term (his rating 'should' be a lot higher but unfortunately the market rallied without the economy this time around), now if the market tops during the next 9 months and starts heading down into the election which will inevitably pull the economy even lower then there is literally no chance that Obama will win even if the Republicans pick the worst possible candidate since investors will blame Obama for the market crashing and killing their retirement funds along with your everyday Joe who will blame Obama because they lost their job...again. And, the best part of this mentality is that the president has little control over where the market or economy head...take it from Bush.  Wink

-waveaddict
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
March 03, 2012, 10:53:23 AM
#5
I don't see how the GOP doesn't see this.

They do not see it.

The price to pay for their ignorance?

4 more years of Obama.
member
Activity: 76
Merit: 10
March 03, 2012, 08:54:40 AM
#4
If it comes to Obama vs. any one of the three stooges, then Obama has it. But if Ron Paul can somehow manage to get the Republican nomination, he has it in the bag. I don't see how the GOP doesn't see this.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
March 01, 2012, 06:50:28 PM
#3
It does mean that there will be more spending and potential hyperinflation.

Having your money in Bitcoin or gold or anything non-USD makes sense.
Jon
donator
Activity: 98
Merit: 12
No Gods; No Masters; Only You
March 01, 2012, 06:39:27 PM
#2
Another 4 years of Bernanke and the possibility of Obama signing Schumer's bills. Obviously this means nothing good for alternative currencies.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
March 01, 2012, 06:36:29 PM
#1
So, it appears that Obama will be winning a second term.

How do you believe this affects Bitcoin over the next 4 years?
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